On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss North Korea’s threat to bomb Austin, the draw of low tax southern states, and why embracing energy and manufacturing has allowed some states to better whether this downturn.
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“If you don’t have a record to run on… you make a big election about small things.” – Barack Obama, 2008. In 2008, Barack Obama made the above comment. In 2012, he is proving it to be true, attempting to refocus this year’s presidential election on the weighty topic of… Big Bird. But while Obama attempts to eke out a win by spotlighting a muppet, | Read More »
Obama thinks the American people are stupid. Throughout the debate, Obama regurgitated his talking points about a balanced solution to the debt crisis. In the process he insulted the intelligence of every voter by intimating that the budget can be balanced by eliminating a few tax credits. No, he didn’t commit to tackling the tens of trillions in unfunded liabilities to Medicare and Social Security. | Read More »
As the epistemological failures of Climate Science become as large and as heavily burdensome as the Texas-sized growth of Antarctic Sea-Ice since 1979, the shrill histrionics of the Climate Scientologists who continue pushing for carbon regulation grow tinnier. Be very afraid, grants, Oops, I mean lives hang in the balance. If you fail to take action, you will die. It’s almost as if you had an alternative to eventually dying anyway.
Now listen carefully, class. The smart guy with the Piled-Higher-and-Deeper is here to condescend to the little guy. His name is Doctor Paul Ehrlich, and he’ll tell you how to vote this election so you don’t have to turn off the idiot box and ponder these things. His sage advice follows below.
Read More »Amidst the torrent of polling data on an array of political races and policy issues, it is easy to lose focus on the central point of contention in today’s world of politics. The fundamental disagreement between the right and the left is over the proper role of government. The left feels that government should control virtually every aspect of our economy and our lives – | Read More »
[Dan Bongino is the GOP candidate for Senate in Maryland] Former Democratic presidential candidate John Edwards once stated during his campaign that there were “two Americas.” His “two Americas” theme was designed to stoke the flames of a class warfare script being resurrected in 2012 for use in the Democratic Party platform. This class warfare, “two Americas” theme has been given a focus-group tested makeover | Read More »
Earlier today, Mitt Romney unveiled his comprehensive energy plan he will pursue as president. Energy policy provides Republicans with their most potent weapon against Obama in this campaign. Nothing emblematizes Obama’s socialist, anti-prosperity style of governance more than his destructive energy policy compromised of a “none-of-the-above” approach. Well, none of the above except for green energy. To that end, Romney’s biggest ace in the hole | Read More »
On Tuesday, Fred Upton, the Republican godfather of green energy social engineering, spearheaded passage of the “No More Solyndras Act” (H.R. 6213) through the Energy and Commerce Committee. This bill would bar DOE from granting loan guarantees to any company that filed its application after December 31, 2011. What a better way for the author of the incandescent light bulb ban to end off the | Read More »
Whew! It’s good the Utah primary is over. Now Senator Hatch can relapse into his natural modus operandi. As we’ve noted before, at the end of every calendar year, Congress passes a ‘tax extenders’ bill to temporarily reauthorize specific tax breaks that have not been permanently written into law. Some of these extenders include universal tax cuts such as, the AMT patch, the R&D business | Read More »
Mitt Romney actually stood for bold colors yesterday. For conservatives, it should be the biggest story of the week. Conservatives are rightfully focused on the impending tax cliff that is facing American taxpayers at the end of the year. But we must not forget the subsidy cliff either. Dozens of special interest tax preferences, known as tax extenders, are slated to expire at the end | Read More »
Well, not exactly. Fred Upton has defeated Fred Upton. As the primary season progresses, we’ve see this pattern repeat itself on numerous occasions. There’s an old bull Republican who has been pushing for big government and anti-free-market policies for years. Then, as soon as his primary opponent begins to sow the seeds of disquiet in his district, the old bull lurches to the right, introduces | Read More »
Will government ever learn? Every time they try to fool the market with some cockamamie attempt at central planning, they create a discontinuity in the market. These discontinuities can often be exploited for gain. That’s when the jackals rush in. The EPA runs a program that is supposed to ensure 36 billion gallons of biofuels are blended into the gasoline supply by 2022. Every gallon | Read More »
It’s bad enough that government regulations and environmental legal defense groups have prevented us from building oil refineries for over 30 years. It’s even worse when the existing ones are forced to blend fuel mixtures that don’t exist. We are all painfully aware of the Soviet style mandate that requires 10% of petroleum to be comprised of ethanol. This unconstitutional mandate has killed jobs, driven | Read More »
Even as gas prices decline, we must not relent in our pursuit of free market energy solutions. Gas prices will continue to spike every few months as long as we refuse to increase supply to meet our energy needs. Moreover, $3.40 per gallon of gasoline – or even $3 per gallon – is too much. We must not let Obama off the hook for continuing | Read More »
While Obama is prosecuting a flaccid war overseas and apologizing for our troops when they defend against Taliban attacks, he is fighting a no-holds-barred class war at home. Once again, Obama has announced that he will orchestrate the largest tax hike in American history on those earning more than $200,000. After all, taxing the rich is a great way to raise revenue; it worked so | Read More »
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