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    Why DOE Is Wasting $45 Million of Your Money

    Last week we wrote about the Department of Energy (DOE) wastefully spending $45 million in taxpayer dollars on advanced transportation technologies. The federal government spending taxpayer dollars on activities the private sector should be financing is nothing new, but another big part of the problem is that these investments stem … More

    What’s Another $45 Million at the Energy Department?

    The Department of Energy (DOE) announced it is spending $45 million of taxpayer money for 38 different projects for advanced transportation technologies. But private companies should be making these investments on their own to provide the best products available for consumers. The 38 projects funded by DOE are going to … More

    Detroit Bankruptcy Is No Time for Federal Bailouts

    The city of Detroit filed for Chapter 9 bankruptcy protection yesterday with some $18 billion in debt, making it the largest municipal bankruptcy in the United States. There will inevitably be calls for the federal government to bail out Detroit. Washington should set a firm precedent now that it will … More

    China GDP Claims Don’t Matter

    China’s State Statistical Bureau (SSB) announced second-quarter real gross domestic product (GDP) growth at 7.5 percent and first-half real GDP at 7.6 percent. High or low, whether it meets the official target or not, no one should care. GDP is a poor indicator of economic health—anywhere. It is especially poor … More

    Morning Bell: Obama's Cap-and-Trade Scheme for Cars

    Ever since the Senate rejected President Obama’s cap-and-trade scheme in 2009, his administration has been hard at work to find other ways to implement a radical, environmentalist agenda. Obama made these intentions clear at a press conference in 2010 when he explained, “Cap and trade was just one way of … More

    Chinese Auto Subsidies: Hypocrisy from the Obama Administration

    The Obama Administration recently filed a case with the World Trade Organization, alleging that China provided at least $1 billion in subsidies to Chinese carmakers from 2009 to 2011. On the same day, The Wall Street Journal reported that if the government sold its 26.5 percent stake in General Motors, … More

    Morning Bell: How Chrysler Can Actually Help Detroit

    Did you know that there are no Volkswagen manufacturing plants in the Detroit area? Or Mercedes-Benz? Or Kia? Or Hyundai? Or BMW, for that matter? The Motor City has a well-earned reputation for having the greatest auto workers in the nation, yet honorable Michiganders largely build cars for only three … More

    GM Recalling Volts, White House Headed to Detroit to Celebrate?

    There’s more bad news in the continuing saga of the Chevy Volt. The Associated Press is reporting today that General Motors will recall 8,000 Volts in order to make modifications to keep them safe during crashes, all on the eve of the North American International Auto Show kicking off in … More

    Morning Bell: How the EPA May Cost You Thousands

    Brace yourself. The cost of a new car in America is set to explode, skyrocketing by thousands of dollars, all thanks to a new regulation proposed by President Barack Obama’s Environmental Protection Agency and the National Highway Traffic Safety Administration. Under a new 893-page proposal unveiled last week, automakers must … More

    Morning Bell: The Obama EPA's Brave New Future

    Say goodbye to cars and trucks as you know them. Say hello to a brave new future ushered in by the Environmental Protection Agency. It’s one where the federal government reshapes a major U.S. industry by administrative fiat, all in pursuit of a policy goal that will cost money, jobs, … More