Writing in the Modesto Bee, Rep. George Radanovich (R-CA) reports: “Listening to constituents this Memorial Day, the issue most on their minds was the price of gasoline.” Judging from the Senate’s desperate effort to “do something” about gas prices this week, we’re guessing most congressmen heard the exact same things …
Those urging Congress to pass the Lieberman-Warner bill say it would slow global warming by capping carbon dioxide emissions. However, more and more studies — from Massachusetts Institute of Technology, Charles River Associates, The Heritage Foundation, even the Environmental Protection Agency — predict severe consequences in higher energy costs for …
Environmentalists and their allies in Congress are already conceding defeat on the Lieberman-Warner global warming legislation that will be debated this week in the Senate. The Washington Post reports that “even supporters of the complex, extensively negotiated 494-page bill say that there is little chance that it will win Senate …
Editorializing in favor of the Lieberman-Warner cap-and-trade bill set to be debated in the Senate next week, the New York Times urges liberals to “make sure that the economics of this debate are framed in a positive way.” The newspaper need not worry: liberal activist groups and politicians have been …
Considering their recent fumbles, no one can rightly accuse House Republicans of being marketing geniuses. But the campaign they launched last month, the “Pelosi Premium,” highlighting how Democrat energy policy drives up the cost of gasoline, is dead on. Covering congressional energy policy, the Politico today dismissively writes of the …
At the height of the “mortgage crisis” liberal commentators gleefully claimed recent financial turbulence was proof that free markets didn’t work. If only the housing market in this country was actually free. In actuality, two government-sponsored entities, Freddie Mac and Fannie Mae, have used their guaranteed access to federal credit …
President Bush and some members of Congress want to dub the Federal Housing Administration as the White Knight who will rescue America from the mortgage mess. They want the agency to help homeowners refinance their subprime loans by offering to guarantee lenders it will cover the tab if the refinanced …
The early narrative of the housing market collapse featured all the usual suspects: sleazy mortgage bankers, shadowy lenders and pushy Wall Street brokers – all of them preying on unsuspecting homebuyers. But now we’re starting to get, as radio legend Paul Harvey puts it, “the rest of the story.” Turns …
