08.27.2010

Economy Caught In a Web

The U.S. economy is caught in a web — of artificially low interest rates, easy money, fiscal “stimulus”, and expansive government control over whole sectors of the economy. And government has no intention of changing course. The ostensible purpose of turning the money spigot on […]

08.26.2010

Recovery Summer and Stimulus: Nevada

Continuing on the Recovery Summer and Stimulus: State by State , we head to Nevada. Quick Nevada facts: In January of 2009, the unemployment rate in Nevada was 9.6%. As of June 30, 2010, the unemployment rate was 14.2%–a net increase of 4.6%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Nevada has received only […]

08.25.2010

NYT “Green Column” Promotes Renewable Efforts in Australia That Collide with Economic Realities

By Kevin Mooney — So called renewable energy sources comprise just 6 percent of Australia’s power supplies, but this could change dramatically in the next few years if environmentalists have their druthers, according to a New York Times “Green Column” that highlights pending projects. Current plans call […]

08.25.2010

Recovery Summer and Stimulus: Delaware

Continuing on the Recovery Summer and Stimulus: State by State , we head to Delaware. Quick Delaware facts: In January of 2009, the unemployment rate in Delaware was 7.0%. As of June 30, 2010, the unemployment rate was 8.5%–a net increase of 1.5%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Delaware has received only […]

08.25.2010

How to Get Rid of Fannie and Freddie

Recently, Americans for Limited Government (ALG) interviewed former chief credit officer of Fannie Mae, Edward Pinto, to get his thoughts on how best to bring an end to Fannie Mae and Freddie Mac, the government-owned mortgage giants that helped cause the financial crisis, and to […]

08.24.2010

Recovery Summer and Stimulus: Colorado

Continuing on the Recovery Summer and Stimulus: State by State , we head to Colorado. Quick Colorado facts: The unemployment rate in Colorado in January of 2009 was 6.7%. As of June 30, 2010, the unemployment rate was 8%–an increase of 1.3%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Colorado has received 3,423 awards. […]

08.23.2010

Krugman’s Snide Attack on Paul Ryan’s “Roadmap” Perpetuates Entitlement Myths, Dismisses Cost Savings

By Kevin Mooney — An audacious proposal aimed at reforming collapsing entitlements, reducing debt and alleviating burdensome taxation has been on the receiving end of positive press coverage. It must therefore be taken down and discredited as an unrealistic sham replete with tax favors for […]

08.23.2010

Recovery Summer and Stimulus: California

To kick off the Recovery Summer and Stimulus: State by State , we begin in California. Quick California facts: The unemployment rate in California was 9.7%in January of 2009. As of June 30, 2010, the unemployment rate is 12.3%–an increase of +2.6%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, California has received 18,332 rewards. […]

08.20.2010

Recovery Summer and the Stimulus: State by State

Over the next 10 weeks, we will be examining the impact of the “Stimulus” and “Recovery Summer” state by state. So far, the data we have examined indicates that the stimulus has been a complete and utter failure. Almost all 50 states have been negatively […]

08.20.2010

New Jersey Business Owners, Activists Seek Repeal of “Cap and Trade” that Could Reverberate Nationally

By Kevin Mooney — Business owners have joined forces with free market activists in New Jersey who are calling on state lawmakers to repeal “cap and trade” policies, which are responsible for boosting energy prices. On Thursday, The New Jersey Restaurant Association (NJRA), which represents […]

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