Like all markets, the market for energy should be dependent on supply and demand. However, the City of Berkeley (yes, that Berkeley in California…) is voting on Tuesday night on the continued implementation of their Climate Action Plan. There are certain aspects to energy conservation make logical sense, but this top-down initiative typifies the municipal… [Read more…]
Sometimes it can be difficult to differentiate between political and economic views. While we generally lean towards conservative and libertarian policies, publishing this sort of information certainly makes us appear biased. But in this case, we feel that Americans should be roundlyl appalled by the actions taken by President Obam regardless of ones’ political persuasion.… [Read more…]
After leaving a voicemail at his office this afternoon, I sent this letter to Representative Mike Thompson from the 1st Congressional District in California. We encourage you to contact your local representative about the economic policies pushed forward by the current administration. Mr. Thompson, Thank you for your ongoing commitment to public service throughout the… [Read more…]
On Seeking Alpha today, Paul Kedrosky wrote about how “cheap” credit is affecting the quality of companies emerging from the current economic downturn in his article this morning – “Cheap Credit Means Crummy Companies – Fed Researcher.” This is the same concept as posted yesterday here on The Free Market Voice – “The Stimulus Package… [Read more…]
In reading recent articles reporting how Illinois, Ohio, and California are seeking funding for infrastructure projects from the Federal Stimulus package, a basic concept in economic theory continually pops into mind. It’s called the “Tragedy of the Commons.” Garrett Hardin formalized this theory back in his 1968 article in Science magazine, and it’s a concept… [Read more…]
If you’ve ever driven along the California highway system, you know that tune-ups should be offered with every fill-up as the gas station. The road conditions are poor and in disrepair. The ongoing Bay Bridge retrofitting project was conceived over 30 years ago when it was first discovered that the bridge did not meet seismic… [Read more…]
“One such extreme option includes shooting pollution particles into the upper atmosphere to reflect the sun’s rays.” via AP Newsbreak: Obama looks at climate engineering. I always thought pollution was the reason for global warming. Why don’t we just give tax credits to people who own SUVs and drive more than 10,000 miles per year?… [Read more…]
With the current actions taken by Obama administration to bail out General Motors and Chrysler (Ford turned down the money offered by the US government), it’s interesting to take a look back at the Chrysler turnaround led by Lee Iacocca and financed by the US government 30 years ago during the Carter Administration. The parallels… [Read more…]
Czech President Vaclav Klaus has been vocal in his opposition on policies targeting global warming based on the scientific evidence that has shown that man-made global warming is not a clear threat to our existent. He’s referred to this populist platform as the “new communism” – an attempt to slow economic growth among leading countries.… [Read more…]
From Roger Bootle last week via Free market defenders need to find their voice – Telegraph: Before we rush into new regulations controlling banks, as though they alone were responsible for what has gone wrong, we should not forget the role of public policy. In both the US and the UK, rampant lending was not… [Read more…]
April 20, 2009
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