Remember that little green alien, Gazoo, in the Flintstones that would always interfere in Fred’s life and try to help him out, but in the end, he’d make things dramatically worse? Well, the United States has its own green Gazoo, The Environmental Protection Agency, and they’re about to interfere heavily …
According to the non-partisan Annenberg Political Fact Check, Sen. Barack Obama’s tax plan would increase gross tax receipts by $103.3 billion in 2011 alone. That number by itself would make it the largest single-year tax increase in American history since World War II, and measured as a percentage of gross …
With gasoline topping $4 a gallon nationally, there’s a lot of speculation as to what actually causes gas prices to soar. Unknowingly, many folks point fingers at speculators and futures markets, claiming these financial speculators, along with big oil companies, take home all the profits. But George Mason economist Walter Williams does …
Liberals in Congress continue to blame anybody but themselves for the high price of energy today. Commenting on the passage of s bill directing the Commodity Futures Trading Commission to use their “emergency powers” to end “excessive speculation” in oil future’s markets, Speaker Nancy Pelosi said, “The American people should …
When required to vote on an energy amendment that would have opened up the supply of resources to lower costs to the American consumer, Democrats on the House Appropriations Committee chose to walk rather than vote. Jerry Lewis (R-Calif.) and Rep. John Peterson (R-Pa.) called for lifting a 27-year ban …
There were no fewer than 12 events relating to energy costs on Capitol Hill yesterday: six news conferences and six hearings. Today another nine hearings and news events are scheduled. Daniel Yergin, Pulitzer Prize-winning author of “The Prize” and chairman of Cambridge Energy Research Associates, assured one Senate panel that …
Skyrocketing gas prices are rapidly changing Americans’ priorities. Voters routinely identify energy costs as either the second or third most important issue. Considering that any economist will tell you that high energy prices are a major cause of recent economic sluggishness, and that the economy has been the No. 1 …
