Tax Rebate Smackdown
Sunday, May 30th, 2010 Posted in Uncategorized | No Comments »From today's LA Times: Jason Furman: In May, June and July the U.S. Treasury will likely mail out $100 billion worth of checks to working households. If past experience is any guide, at least $50 billion of these funds will be spent ...
US: Only Country to Limit Its Own Energy Supplies
Saturday, May 29th, 2010 Posted in Uncategorized | No Comments »We have failed to increase our country's crude oil production. Domestic oil production has declined, to 1.9 billion in 2007 from 3.1 billion barrels in 1980, while imports increased to 3.7 billion barrels from 1.9 billion. We now importing about ...
Big Oil Is Not the Problem, It’s Big Government
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »Congressional ignorance of basic laws of supply and demand is at once bizarre, breathtaking and frightening. For example, in a speech delivered by New York Democratic Sen. Chuck Schumer on May 13, he urged the U.S. to force Saudi Arabia ...