As the presidential election heats up, we will continue to track where the candidates stand on ethanol and energy subsidies. The issue of ethanol subsidies is vital to conservatives for several reasons. First, ethanol epitomizes everything that is wrong with onerous government interventions; corporate cronyism, market distortions, higher prices for vital goods and services, and government dependency. Also, with food and energy prices at an | Read More »
Recent economic reports of Obamanomics have shown dismal GDP growth, rising jobless claims, an anemic dollar, and soaring inflation; all indications of stagflation. There are two components to stagflation; high unemployment and high inflation. The unemployment, along with the weak economic growth, is due in large part to Obama’s Keynesian fiscal policy of overtaxing, overspending, over-subsidizing, and over-regulating. While the profligate spending and corporate welfare | Read More »
The first few months of 2011 have given rise to a resurgence in federalism. States across the country are implementing their own legislation to circumvent onerous federal policies; ranging from immigration to environmental regulations. Red states, bolstered by fresh conservative governors and majorities in their legislatures, are asserting their power to mitigate the effects of odious federal initiatives. Unfortunately, blue states such as Maryland are | Read More »
The Democrats have thrived in public office since FDR by cementing their power through the perpetuation of government and subsidization of poverty. Pick an industry and the name of the game is the same. They blow up the private sector through any mix of taxation, regulation, and litigation. Then, as jobs are cut and the cost of the good or service of that industry skyrockets, | Read More »
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