Attacks on Pompeo energy policies fall short
An op-ed written in favor of the wind production tax credit shows just how difficult it is to replace cronyism with economic freedom.
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Occupy Koch Town protestors ignore facts
Below, Paul Soutar of Kansas Watchdog provides more evidence that the campaign against Wichita-based Koch Industries regarding their alleged involvement in the Keystone XL pipeline is not based on facts. Besides this article, U.S. Representative Mike Pompeo of Wichita has also written on this issue in The Democrats continue unjustified attacks on taxpayers and job creators. Another inconvenient fact is that if the Canadian oil | Read More »
NAT GAS Act: Markets are better able to decide
The real lesson to be learned from Solyndra is that government is not equipped to act as entrepreneur. We need to apply that lesson to natural gas powered vehicles before it is too late. This lesson is important to learn at the present, as legislation called the NAT GAS Act, formally known as H.R. 1380: New Alternative Transportation to Give Americans Solutions Act of 2011, | Read More »
Walter Williams: public good comes from private interest
Thursday’s lecture in Wichita by economist Walter Williams featured a section covering how greed, or what some call enlightened self-interest, is the best way to produce good acts. This lecture was presented by the Bill of Rights Institute and underwritten by the Fred and Mary Koch Foundation. When government is used in an attempt to do good, it requires either elimination or attenuation of private | Read More »
Contrary to Buffet, government spending is not good
Recently wealthy investor Warren Buffet has been in the news for his advocacy of higher taxes. But is government — politics, in other words — the best way to allocate resources? In a statement on the KochFacts website, Charles Koch disagrees with Buffet: As part of the public discourse on government overspending and fiscal irresponsibility, Charles Koch offered the following public response to media queries | Read More »
Tax expenditures, or loopholes
While most critics of government spending focus on entitlements, regular appropriations, and earmarks, there is a category of spending that not many have paid much attention. This spending is called “tax expenditures.” This year as part of the debate or controversy over raising the federal debt ceiling, attention is being paid to the cost of these tax expenditures, although the term commonly used is “loophole.” | Read More »
Pickens: It’s all about me, and MSNBC doesn’t notice
Appearing on the MSNBC morning program Morning Joe, energy investor T. Boone Pickens let us know that despite his no-nonsense business-like approach to supporting what he believes to be in America’s best interests, it’s really all about him and what profits him. But program hosts Joe Scarborough and Mika Brzezinski didn’t catch that. Pickens appeared on the program to gain support for legislation he is | Read More »
Local chambers of commerce: government booster clubs
This column is cross-posted from Voice for Liberty in Wichita. The fact that the Overland Park Chamber of Commerce supports a tax increase reminded me of a piece in the Wall Street Journal by Stephen Moore that shows how very often, local chambers of commerce support principles of crony capitalism instead of pro-growth policies that support free enterprise and genuine capitalism. We may soon have | Read More »
Regulation supports business, not capitalism and free markets
There are many examples of how the conventional wisdom regarding regulation is wrong: Republicans and conservatives are in bed with government, seeking to unshackle business from the burden of government regulation. Democrats and liberals, on the other hand, are busy crafting regulations to protect the common man from the evils of big business. As it turns out, both Democrats and Republicans love creating regulations, and | Read More »
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