You might think that a U.S. company’s decision to expand its manufacturing facilities and create 1,000 new jobs here at home — rather than overseas — would be hailed by the Obama Administration as a step in the right direction, especially with nine percent unemployment. You’d be wrong. Instead, President Barack …
A House subcommittee on Wednesday approved legislation to modify the new Consumer Financial Protection Bureau (CFPB). Spawned by the vast Dodd–Frank financial regulation statute, the CFPB (as originally structured) enjoys sweeping powers over all manner of consumer credit—without adequate accountability. Yesterday’s action is a welcome start to taming the CFPB, …
At the behest of Congress, the Department of Energy (DOE) has “invested” several years and considerable tax dollars in devising restrictions on the amount of electricity it takes to run virtually every household appliance. Alas, a regulator’s work is never done. Having assumed control over the energy we use to …
Several U.S. political leaders have recently reiterated their desire to punish countries that undervalue their currencies. News flash: Since June 7, 2010, the value of the U.S. dollar has fallen 17.3 percent. If the United States gives countries a green light to designate low currency rates as an unfair trade …
Milk might do a body good, but if it’s unpasteurized milk sold by an Amish farmer across state lines, it’s a whole other story… or at least according to the Food and Drug Administration (FDA). The Washington Times reports: A yearlong sting operation, including aliases, a 5 a.m. surprise inspection …
Lest anyone tell you that the phase-out of (non-toxic) incandescent light bulbs will be hassle-free (other than hugely expensive), here is the directive from the Environmental Protection Agency for ridding your home of toxic vapor in the event you or a loved one (or relative) breaks the mercury-laden compact fluorescent …
A dire prediction hit the news yesterday: A date has been set for the end of the “Age of America,” — i.e., when China’s economy will overtake the United States. The news comes by way of an International Monetary Fund (IMF) forecast that shows China’s economy surpassing America’s by 2016. Though there …
