In today’s edition of The Heartland Daily Podcast, we listen in as Heartland Senior Fellow Peter Ferrara joins the Ayn Rand Institute’s podcast, The Debt Dialogues. Ferrara, author of the new book – Power to the people, is on to discuss the growing entitlement crisis in America and what to do about it.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with William Freeland. Freeland is a research analyst with the American Legislative Exchange Council. Freeland joins Hathaway to discuss Puerto Rico’s growing financial crisis.
Expanding polar ice caps are defying alarmist global warming claims, sending global warming alarmists into desperate damage control. Since late 2012, polar ice extent has averaged greater than the long term mean. When I pointed this out in a recent Forbes.com column, and after more than a quarter million people learned the truth by reading my column, the alarmists predictably began searching for ways to spin the expanding polar ice. Fortunately, the truth will always win out over scientifically unsupported spin and fearmongering.
I have been wrestling for some kind of explanation why the President of the United States, Barack Obama, would continue to talk about climate change and urge the global transition from fossil fuels to wind, solar and bio-energy. I have concluded that he thinks everyone, not just Americans, are idiots.
Updated data from NASA satellite instruments reveal the Earth’s polar ice caps have not receded at all since the satellite instruments began measuring the ice caps in 1979. Since the end of 2012, moreover, total polar ice extent has largely remained above the post-1979 average. The updated data contradict one of the most frequently asserted global warming claims – that global warming is causing the polar ice caps to recede.
In a March 12 address to the Atlantic Council in Washington, D.C., Secretary of State John Kerry warned that climate change outranks terrorism, epidemics and poverty as the worst threat facing the world today. Our only salvation, he asserted, lies in an energy policy that replaces fossil fuels with solar, wind and other “clean energy.”
On April 29, 2015, Media Matters, a front group and spin machine for the Democratic Party, released another error-filled essay about The Heartland Institute, this one by Andrew Siefter complaining about mainstream media coverage of our presence at a Vatican workshop on global warming held in Rome the previous day. You can read all about that project here.
Late last year, the name Jonathan Gruber became part of the public consciousness for his newly public declarations that Obamacare passed due to the “stupidity of the American voter.” While there are many cases one can cite affirming that most Americans don’t closely follow politics and/or the political process and, therefore, may be called “stupid,” the campaign to sell the manmade climate change crisis narrative proves otherwise.
On Sunday, April 5, Senior Fellow Peter Ferrara was a guest on the radio show “On The Money” with host Mike Vitoria on 970 The Answer in New York City. Ferrara was on to discuss America’s looming entitlement crisis.
This is part 4 of the 8 part series establishing that the laser-focus of the Compact for America approach to organizing an Article V convention with the specific job advancing and ratifying a pre-drafted, specific federal Balanced Budget Amendment is clearly, unequivocally, and overwhelmingly what the Founders expected from the state-originated amendment process.
Not only is Social Security in the worst shape it has ever been in, a recent Congressional Budget Office (CBO) report reveals the problem has grown significantly worse under the Obama administration.
At some point between Thanksgiving and December 1, the federal government made history, as the value of outstanding U.S. Treasury securities exceeded $18 trillion—that’s an 18 with 12 trailing zeroes. At some point, such numbers begin to lose their meaning because the amounts exceed most people’s ability to comprehend.
On Nov. 2, the Intergovernmental Panel on Climate Change (IPCC) released its “2014 Summary for Policymakers.” This report has been described as the starkest warning yet about the need to dramatically reduce greenhouse gas emissions or face “the chaos of runaway climate change,” despite the scientific fact there has been no significant increase in the average global temperature since 1998.
In 2011, numerous local-government special-interest groups and elected officials fought against Gov. John Kasich’s proposed reduction to the Local Government Fund, a pool of taxpayers’ money collected by the state government and redistributed to local governments’ general revenue funds.
Since the economic crisis of 2008-2009, the Federal Reserve – America’s central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low that when adjusted for price inflation, several of them have been actually negative. We should not be surprised if this is setting the stage for another serious economic crisis down the road.
Our current immigration rules outline acceptable reasons for border agents to follow, when deciding whether undocumented aliens can cross into the United States. What has and is continuing to happen with the unprecedented 60,000 currently asking for entry is an example of how our laws are being violated by “gaming the system”. The aliens were given a “cheat sheet” (see above), which has been found at the border, with prepared instructions on how to answer designated questions asked by border agents how to provide the right answers, which will in turn guarantee them entry. One of the more important questions they are being asked is their reason for wanting to leave their country of origin. The aliens were told to claim it was due to poverty and/or fear of their government or gangs. Those answers are the “triggers” or the “loop holes” in our immigration law, which were originally written and intended for specific purposes (such as preventing sex trafficking) and certainly not for qualifying half the world’s population for entry into America.
While we weren’t paying attention, post-war Iraq grew into a major force in the global oil market. Reaching a 30-year high, its production and exports have climbed steadily since 2011—making Iraq the second largest producer in OPEC, the seventh globally. The International Energy Agency (EIA) has forecast that Iraq has the fifth-largest proven oil reserves.
A judge in Sangamon County Circuit Court has blocked a modest reform of Illinois’ pension system for state workers and retirees outside Chicago from taking effect June 1, giving Gov. Pat “Four Counties” Quinn the excuse he’s probably been looking for to block reforms for two of Chicago’s pension plans. (I’ll explain “Four Counties” in a moment.)
Today, more than any time, arguably, since the Great Depression, the prospects for improved housing outcomes are dimming for both the American middle and working classes. Not only is ownership dropping to twenty-year lows, there is a growing gap between the amount of new housing being built and the growth of demand.
Put “Spies Like Us” vintage Chevy Chase and Dan Aykroyd at the top of EPA rather than the top of CIA field operations, and you have an idea of how John Beale monumentally screwed up EPA climate policy and international climate negotiations.