In a guest column written for Americans for Prosperity, Kansas, U.S. Representative Mike Pompeo of Wichita explains why political cronyism, sometimes called crony capitalism, is wrong for our country. Pompeo coins a useful new term: “photo-op economics” to describe why some politicians support wasteful federal spending projects — as long as the spending is wasted in their districts. Then logrolling — the trading of legislative | Read More »
This week U. S. Representative Mike Pompeo of Wichita plans to introduce the “Energy Freedom and Economic Prosperity Act,” a bill that would eliminate all tax credits related to energy. Tax credits, sometimes called tax expenditures, are spending accomplished through the tax code rather than by legislative appropriations. Two prominent tax credits related to energy production are the tax credit for producing and blending ethanol | Read More »
In the introduction to his book Democracy Denied, Phil Kerpen gives us a history lesson on a topic that doesn’t receive much discussion in public: the grab for executive power by presidents through the use of “signing statements.” Elizabeth Drew made the case against Bush’s abuse of executive power in a lengthy New York Review of Books piece called “Power Grab.” She specifically highlighted Bush’s | Read More »
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 »
By Mike Pompeo (R-KS) and Jeff Flake (R-AZ), Republican Members of Congress. This is not the first time Rep. Pompeo has spoken in favor of free markets for energy. As reported in the Wichita Eagle in May: “Rep. Mike Pompeo, R-Wichita, wants Congress to just say ‘no’ to all energy subsidies.” He has also introduced H. Res. 267, which is subtitled “Expressing the sense of | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}