The Oscars happened Sunday. I say the event “happened” as the actual event was quite underwhelming, with a group of artists patting each other on the back at artistically expressing the views they saw pertinent, while the true underlying issues of society were poked, joked, and unfocused. Very similarly, representative members of the Energy and … Continue reading
CFTC Amending the Dodd-Frank Act
Opening Statements Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Gary Gensler began what would be an almost four-hour hearing on several rules that may be applied to the Dodd-Frank Act. Declaring that the hearing was about promoting transparency, developing internal business conduct rules, and compliance rules to protect the public, he seemed very … Continue reading
Economic Daily Outlook
TUESDAY, FEBRUARY 28, 2012 ECONOMICS: Tax experts think deal could be done on corporate code overhaul this year http://thehill.com/homenews/administration/212911-tax-experts-think-deal-could-be-done-on-corporate-code Despite what appear to be long odds, a handful of Washington tax experts think Congress and the Obama administration could actually make real progress on corporate tax reform this year. These optimists — who admittedly … Continue reading
Is Colombia coming closer to the end of a long road to peace?
Sunday, the Revolutionary Armed Forces of Colombia – People’s Army (FARC-EP) declared that they will stop the practice of kidnapping for financial gain. This announcement is a milestone, not just because of Colombia’s past reputation as the kidnapping capital of the world, but also because of the profitability of this practice for the FARC-EP. Kidnapping, … Continue reading
Economic Daily Outlook
MONDAY, FEBRUARY 27, 2012 ECONOMICS: Plans for US manufacturing may yield more votes than jobs http://www.reuters.com/article/2012/02/27/usa-campaign-manufacturing-idUSL2E8DM87820120227 U.S. factories are hiring again, and Democratic President Barack Obama and some of his Republican rivals are pitching tax breaks to fuel a rebound in manufacturing and help rebuild a battered middle class. A focus on manufacturing may … Continue reading
Desperation doesn’t look good on anyone, Newt
For all their qualities, politicians and the government are reviled by the public for their inability to deliver on campaign promises. Newt Gingrich has held elected office for long enough to be very aware of this fact. So why would he promise that he would lower the price of gas to $2.50 a gallon? My … Continue reading
Hugo Chavez is (probably) not fully cured of cancer
Roger Noriega, Fellow at the American Enterprise Institute, might have been onto something this past summer. In July Noriega speculated that Venezuelan President Hugo Chavez may not be fully cured of cancer. Chavez claimed as much last October, but has since reversed course. He recently announced that in the near future he will go to … Continue reading
Data vs. Design: Key Problems Facing CBO and other Agencies
CBO and other government agencies produce huge amounts of data every day. They typically compile them into reports and glean out the important trends that will advise and inform policy makers. Traditionally these reports involve simple line and bar graphs with a few pie charts. However, the explosion in info graphics and interactive data has … Continue reading
Obamacare’s Medicaid Mandates on States; Oppresive and Wrong on Every Level
There are many unconstitutional elements of the Patient Protection and Affordable Care Act (a.k.a. Obamacare). One of these elements, lurking the midst, not getting the attention it should receive in the mainstream, at least not anymore, is unconstitutional Federal mandates on the states (as it relates to Medicaid). Under Obamacare states can choose to either … Continue reading
Economic Daily Outlook
FRIDAY, FEBRUARY 24, 2012 ECONOMICS: Report Says Candidates’ Plans Boost Federal Debt http://online.wsj.com/article/SB10001424052970204778604577241664250668788.html While Republican presidential candidates are campaigning against President Barack Obama’s deficit-laden budgets, a new report concludes that three of the four contenders’ fiscal proposals would likely increase the federal debt. Only Texas Rep. Ron Paul has offered detailed plans that might … Continue reading
You must be logged in to post a comment.