We live in a time, as, indeed, mankind has lived already for along time, in which economic delusions, political demagoguery, and ideological deceptions abound due to the power lusting of those who wish to gain control of government to serve their own ends at others’ expense.
President Obama recently criticized the European Union for pursuing an antitrust case against Google over plans to establish a European Digital Single Market, and for its trade positions in the US-EU Transatlantic Trade and Investment Partnership.
The FCC’s Open Internet Order, which reclassified the commercial Internet as a Title II utility, is very likely (80%) in the end, to be overturned in court – for a third time.
The FCC’s legal theory and many core assumptions are so aggressive, it’s clear that the FCC expects, and needs, continual and maximal deference from the court to prevail. The FCC also requires the courts to view the FCC’s most aggressive assertion of unbounded authority ever, as a mere administrative interpretation of ambiguous law, and not a political bypass of Congress and the 1996 Telecom Act.
University of Michigan student Jesse Klein made headlines across the Internet on February 19 when her article insisting her parents are “middle class” despite having a combined annual income of $250,000 was covered by several major media outlets. Virtual sparks flew throughout the blogosphere, Twittersphere, and everywhere in between as debaters on both sides of the issue lined up to defend or denounce her allegedly controversial claim.
I was at the just concluded Conservative Political Action Conference (CPAC) on a panel entitled “The United States of Google: Big Data and Big Government.”
During which Scott Cleland and I examined amongst other things the seemingly endless Crony Socialist ties between all-everything mega-company Google and the Barack Obama Administration.
First, Saudi Arabia drove down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump. Could the kingdom now be pushing them back up?
Prices at the pump have gone up nearly 40 cents a gallon from the January low—60 cents in California. Every year, at this time, refineries shut down to make adjustments from the “winter blend” to the “summer blend.
The traditional American corporation has been a fixture in the U.S. economy for generations. Corporations allow entrepreneurs to shield themselves from liability, spread ownership out to an unlimited number of shareholders, and more easily raise funds for large-scale business investments.
Brian Perry is a college-educated law clerk who worked at the Providence, Rhode Island-based Lovett, Scheffrin, and Harnett law firm for more than 25 years before being laid off in 2008. Since then, Perry has relentlessly searched for quality work, but he’s been unable to find anything stable. With minimal income, no solid job leads, and costs beyond what he could manage, Perry was forced to sell his home a few weeks ago.
The carnival in Rio de Janeiro from February 13 through the 17th was one heck of a party. It was celebrated by the locals, plus an estimated one million visitors, complete with fabulous parades, street parties and balls. Brazil is blessed with some great beaches, the most famous of which is Ipanema, thanks to the 1962 bossa nova classic “Girl from Ipanema”.
Last time we checked on Tesla Motors – as 2014 closed – we noted a growing skepticism largely due to CEO Elon Musk’s consistent habit of overpromising production and results, without delivering.
Thursday is for freedom a very bad day. That is the day the free speech-free market Xanadu that is the Internet will be unilaterally seized by the Barack Obama Administration.
Per the President’s demand, the allegedly independent Federal Communications Commission (FCC) is pretending to be Congress – and writing new Web-regulating law for themselves. And on Thursday they will vote on it – and thereby grab expansive, broad and deep overlording powers.
One of the great myths about the capitalist system is the presumption that businessmen make profits at the expense of the consumers and workers in society. Nothing could be further from the truth.
Some 200 nations may sign a “modest” Kyoto II climate treaty, say December 2014 media reports from Lima, Peru. But will developing nations agree to stop using coal to generate electricity? No. Curtail economic growth? No. Cease emitting carbon dioxide? Maybe, but only a little, sometime in the future, when it is more convenient to do so, without binding commitments. Then why would they sign a treaty?
The United States and Europe continue to dominate the list of strongest metropolitan areas (city) economies in the world, according to the Brookings Institution’s recently released Global Metro Monitor 2014. This is measured by gross domestic product per capita, adjusted for purchasing power parity (GDP-PPP). Brookings points out that this does not indicate personal income, but “proxies the average standard of living in an area.”
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After six years of dithering, the Keystone pipeline project has finally cleared both the Senate and the House with strong bipartisan support—mere percentage points away from a veto-proof majority. Now it goes to the White House where President Obama has vowed to veto it.
The Bureau of Labor Statistics (BLS) released its January 2015 report this morning, and on the surface the situation looks good for the Obama administration: 257,000 jobs were added in January, wages improved, and the number of full-time workers increased. The unemployment rate did go up by 0.1 percentage point, to 5.7 percent, but analysts agree this is the result of more Americans looking for jobs, not a slowing economy.
The Bureau of Labor Statistics (BLS) released its January 2015 report on Friday, and the Obama administration is sure to be happy with its findings. According to the report, the U.S. economy added 257,000 jobs, and the unemployment rate moved up slightly to 5.7 percent. The number of full-time workers also increased, along with a slight improvement in wages.
“Fixing” what’s not broken. Radically changing what everyone likes. Abandoning what works exceptionally well for what’s failed miserably in the past, and forcing outdated regulations on what is the most modern part of the economy.