Throughout the tax debate, we heard righteous indignation from both parties regarding the need to close up special interest loopholes in the tax code. Yet the special interest loopholes were the only items preserved in the cliff tax bill. The entire package of over $40 billion in corporate subsidies and green social engineering was taken from a Senate Finance Committee Bill, which unfortunately, was supported | Read More »
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 »
![[RS]](/t/img/logo-footer.jpg){kind=logo}