Economy

Indian Tribes Hop Aboard Obama’s “Clean Energy” Gravy Train

As part of its Tribal Energy Program, the U.S. Department of Energy is providing $6.5 million to various American Indian tribes for “clean...

Michael Tennant February 21, 2012

Proposed Fuel Standards Could Hurt Car Makers

Raven Clabough February 16, 2012

The Obama administration continues to set unfavorable conditions for businesses to prosper, this time through overbearing new fuel standards that auto dealers fear...

Foreclosure Settlement Bails Out the Big Banks

Bob Adelmann February 13, 2012

The report from The New York Times on Wednesday about the foreclosure settlement reached between five big banks and 49 states’ attorneys general...

I Scream, You Scream: San Francisco Red Tape Nearly Strangles Small Businesses

Michael Tennant February 9, 2012

San Francisco, as even casual observers of the political scene know, is one of the most liberal cities in the country. Many of...

Freddie Mac Bets Against Homeowners and Refinancing

Brian Koenig January 31, 2012

Freddie Mac has again entered the spotlight as a new report claims the government-sponsored enterprise betrayed American homeowners after placing multibillion-dollar bets that...

Gold Prices Soar on Fed News, Other Factors

Alex Newman January 26, 2012

A combination of several factors, including a declining dollar and the Federal Reserve’s announcement that it would keep interest rates at virtually zero...

Unemployment Numbers, Regime Uncertainty, and Regulatory Surge

Bob Adelmann January 23, 2012

Last Friday’s unemployment numbers, on the surface at least, appeared to reflect a growing, albeit slowly, economy. The number of new unemployment claims...

Fed Didn’t Recognize Housing Crisis in 2006, Transcripts Show

Michael Tennant January 16, 2012

Central banks are often justified on the basis that a complex, modern economy requires top-down management by experts. These people, it is said,...

Raw Milk Mandates

Michael Tennant January 11, 2012

On the morning of August 3, 2011, armed agents of the U.S. government and the Los Angeles County Sheriff’s Office conducted a raid...

The Free Market is Brutal: Kodak Loses; Consumers Win

Bob Adelmann January 7, 2012

After 131 years, it appears that Eastman Kodak will be declaring Chapter 11 bankruptcy before the end of the month, according to the...

Ethanol Subsidies Disappear, Mandates Remain

Bob Adelmann January 5, 2012

The Washington Post’s editorial celebrating the ending of ethanol subsidies iterated the same free-market positions taken by Rep. Ron Paul (R-Texas) and other...