With the seventieth anniversary this year of the end of the Second World War, a number of commentators have focused on the presumed “unity” of America seven decades ago to “win the war” against global tyranny and international aggression by Nazi Germany and Imperial Japan. Individuals put aside their individual personal and petty interests to support and fight for a “greater collective cause.”
In today’s episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with Mercatus Center monetary policy program director and Bentley University economics professor Scott Sumner about the American stock market’s recent up-and-down volatility, the increasing threat of an international economic recession, and how our country’s centralized banking policies make the problem worse.
So how do White House, EPA, UN, EU, Big Green, Big Wind, liberal media, and even Google, GE and Defense Department officials justify their fixation on climate change as the greatest crisis facing humanity? How do they excuse saying government must control our energy system, our economy and nearly every aspect of our lives – deciding which jobs will be protected and which ones destroyed, even who will live and who will die – in the name of saving the planet? What drives their intense ideology?
The U.S. territory of Puerto Rico owes more than $70 billion—about $19,729.43 per resident—in debt to creditors and investors. First to note the territory’s fiscal problems were the credit rating agencies, which downgraded the territory’s bond status to “speculative,” the first of three steps along the junk-bond path to loan default.
In today’s edition of The Heartland Daily Podcast, we listen in as Heartland Senior Fellow Peter Ferrara joins The Larry Kudlow Show. Ferrara is the author of the recently released book on entitlement reform titled Power to the People. Ferrara and Kudlow discuss the potentiality and likelihood of a 4% growth rate in America.
There is little that happens in society in general and the market economy in particular that most on the political “left” do not think needs more government intervention, regulation, and redistribution to make “better.”
In a recent article promoting his Protect Our Public Lands Act, Rep. Mark Pocan (D-Wis.) argues the government should ban hydraulic fracturing on public lands. Pocan cites concerns about potential environmental and economic impacts of horizontal hydraulic fracturing, also known as “fracking,” and raises concerns about fracking in national parks. The article has critical shortcomings regarding the environmental and economic impacts of fracking, and it misrepresents oil and gas activity in national parks.
Obama’s use of the unemployment rate as a weapon to inflict political damage on Republicans is nothing new. For most of Obama’s presidency, he’s been touting his economic policies and how successful they have allegedly been at reducing unemployment rates (when in fact all recession recoveries reduce unemployment rates), all the while intentionally misleading people about what the unemployment rate actually represents.
Sand from the upper Midwest is coveted for hydraulic fracturing. It is the right size, shape and cleanness (almost pure quartz). It is also highly resistant to crushing under immense pressure, acting as a network of pillars (think of the Parthenon) keeping open the tiny fissures made in the rock in the process of hydraulic fracturing, allowing the oil and natural gas to flow up from the rock deep underground.
For months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words, accusations, and threats that have been fought between Greece and its Eurozone and European Union partners.
The federal government alone spends almost $4 trillion a year – that is a LOT of garbage. Hundreds of billions of that is borrowed, which is debt and interest for which We the People are responsible – more garbage. Then there’s what they do with so much of that money – create ever more regulations. More garbage.
In this episode of the Budget & Tax News podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with James Roberts. Roberts is an economic research fellow at the Heritage Foundation. Roberts joins Hathaway to talk about Greece’s economic collapse, the “Grexit,” and how problems in the European Union may effect Americans.
The climate alarmists are practically giddy over Pope Francis’ recently released “climate encyclical”—remember, these are, generally, the very same people who dis the church and its position on abortion, the origin of life on earth, and the definition of marriage. Even Al Gore, who admits he was “raised in the Southern Baptist tradition,” has declared he “could become a Catholic because of this Pope.”
Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty.
Many Social Democrats believed that democracy was both compatible with and an essential complement to a humane socialism, a socialism that did not reduce humanity to obedient cogs in a giant collectivist wheel directed by a “dictatorship of the proletariat.” They wanted socialism with traditional civil liberties, personal freedom and democratic politics.
Earlier this year Cisco released its annual Visual Network Index (VNI) Forecast Report: Mobile Data Traffic Update, 2014-2019. The report makes clear that North America, mostly the United States, has been a global leader in mobile broadband development. Case in pont, North America had 39.1 percent of all global 4G connections in 2014 with projections showing that by 2019 North America’s share will increase to 42.1 percent.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Merrill Matthews, Jr. Matthews, Resident Scholar at the Institute for Policy Innovation and a contributor at Forbes.com, also serves as Vice Chairman of the Texas Advisory Committee of the U.S. Commission on Civil Rights. Burnett and Matthews discuss the foolish policy decisions the Obama administration has undertaken on energy policy.
Net-metering subsidies for solar power are running up large deficits and proving too costly for Louisiana. It is time for Gov. Bobby Jindal (R) and the state legislature to pull the plug on these subsidies, which merely add to the mountain of federal government favoritism bestowed on the solar power industry.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Gary Stone. Stone is vice-president of engineering at FiveStates Energy in Dallas. In this podcast, Stone discusses the economic and political challenges that face the modern oil and gas industry.
Some of my right-leaning heroes (insofar as politicians are worthy of being heroes) are ganging up with other politicos to support the dull-sounding but pernicious policy of a federal unit-record system for higher education. The skinny: This bugger would expand federal cradle-to-grave surveillance of we, the people, and further centralize our already micromanaged economy. And Rep. Paul Ryan, Sen. Marco Rubio, and Rep. Mia Love are leading cosponsors. Jigga what?