Roundup of Op-Ed’s from the Heritage Foundation Should Washington loan the Big Three automakers $50 billion to develop fuel-efficient vehicles? No By Nick Loris and James Gattuso Regardless of whether such an assertion holds true for Freddie Mac and Fannie Mae, that argument does not hold water for the auto industry. Not only are the Big Three a smaller portion of the auto market than a generation ago, but even in the event of bankruptcy, their assets would not simply disappear.[...] The Doctrine According to Charlie Gibson By: Helle Dale …
The two big issues in Washington this week are drilling and bailing out the automakers. Drill, baby, drill. For years, Congress has banned oil and natural gas drilling on most of America’s Outer Continental Shelf (OCS). Less than two weeks ago, the Republican convention erupted with chants of “Drill, Baby, Drill.” In a recent Quinnipiac poll, 62% of likely voters support “drilling for new oil supplies in currently protected areas off shore.” James Gattuso and Nick Loris of The Heritage Foundation have written that the federal government should put the …
