On Wednesday, President Obama gave a speech at Georgetown University announcing a new climate change policy. The announcement fulfills a promise he made in his State of the Union Address to move forward with executive regulation if Congress failed to act on climate change. It also makes good on his promise to bankrupt the coal … Continue reading
Category Archives: Economy
Sushi for Fraud
On March 29, 2013 the Southern District Court of New York issued a judicial decision that fundamentally altered the foundations of the world economy – and no one noticed. The case in question was an anti-trust suit brought against Bank of America as a part of the ongoing fallout from the Libor manipulation scandal, but … Continue reading
Obesity and a Healthy America: Food and Farm Policy
The current Farm Bill has opened discussions on the relationship between health, food, and farm policy, yet health and nutrition has not played a large role in the current Farm Bill. Health and healthcare are major issues facing America today, and agricultural policy needs to address them. A major health policy issue is the rising … Continue reading
Unpaid Internships: Burden or Benefit?
Unpaid internships have been taking a lot of heat lately. Unpaid internships are supposed to be purely for the benefit of the intern, they cannot displace current employees, and the company cannot profit from their work. However, interns at Fox Searchlight felt these rules were being violated and took it upon themselves to do something … Continue reading
The Government is Making Money Off Students; Is that a Good Thing?
The last thing anyone expects the government to do is make money. Every day congressional lawmakers lament budget deficits, and the inability of the federal government to cover its spending with tax revenue is a perennial issue. But while Washington continues to struggle with the debt, there are a few government-affiliated organizations that are actually … Continue reading
The Fine Line Between Mending and Meddling
The United States is the largest giver of foreign aid in the world, providing $49.5 billion in economic and military assistance in 2011. Clearly, charity is one of our strong suits. But with the slow economic recovery, and approximately $12 trillion in national debt, the fact is that we cannot afford to keep this up. … Continue reading
The Farm Bill: Convenient Coalition or Market Manipulation?
In early June, a coalition of urban and rural politicians in the Senate banded together to pass the Farm bill, a legislative piece that distributes welfare benefits to an unlikely pair: wealthy agro-businesses and the inner-city poor. Although widely popular among constituents, a common sense look at the bill reveals serious flaws. The Senate’s version … Continue reading
Regulations: Another Front in the War Between the Branches
While politics and partisanship are the primary forces driving the discord in Washington today, it is power that will ultimately determine the outcome of such conflict. In our government, power is shared between branches, which in times of divided government like the present, essentially means shared between parties. With each side empowered to block the … Continue reading
What Women Want
I am not Mel Gibson and you, presumably, are not Helen Hunt (Helen, if you do read this, you’re awesome). But the movie starring these two actors – in which Gibson’s character falls, hits his head, and is suddenly able to hear women’s thoughts – is unfortunately reminiscent of a current policy debate. On Wednesday, … Continue reading
Apple Employs Tax Tricks
Last week was a big week on the hill, with many high profile hearings. One such hearing that was followed closely was the investigation of Apple. Apple has been accused of evading taxes, but they have apparently found a loophole in the corporate tax code. Apple set up subsidiary accounts in Ireland for its international … Continue reading
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