By Willie Soon and Paul Driessen – The Environmental Protection Agency recently issued 946 pages of new rules, requiring that U.S. power plants sharply reduce (already low) emissions of mercury and 83 other air pollutants. EPA Administrator Lisa Jackson claims that, while the regulations will […]

By William Warren – Today’s cartoon looks at the debt crisis which is spreading from Europe to the U.S..

By Bill Wilson – Eyebrows were raised on June 3 when it was reported that China is divesting itself of shorter-term U.S. treasuries . According to U.S. Treasury data, China’s holdings of short-term bills have dropped from $210 billion in May 2009 to $5.6 billion in March 2011 , a 97 percent decrease. Pundits have assured us the Chinese wouldn’t do this. Don’t worry about a run on the dollar, the conventional wisdom advised, it’s not in China’s interests […]

By Kevin Mooney — Although trial lawyers frequently have the upper hand in litigation built around environmental charges, they are taking a beating at the hands of Chevron Corp., which has been on a roll in U.S. federal courts. Through its U.S. discovery efforts, the […]

To receive the Must Reads in your inbox, click here ! Good Monday morning, Here are the Must Reads according to Adam Bitely : Obama’s Commerce Department is spreading the wealth around globally The Stimulus fallacy The real cost of the auto bailouts… Taxpayers are still subsidizing billionaire bankers Two Harry Reid Medicare savings myths The facts about the government’s Medicare cost projections… Ending Medicare as we know it, while saving America Barone: Obama tunes out and business goes on a ‘hiring’ strike The myths about legalized gambling Irony: Adam Smith and John Keynes shared a birthday yesterday… Why PBS is a public menace Mises: What is Liberalism?

By Victor Morawski – Responding recently to the Senate’s rejection of the Paul Ryan Budget Plan, Sen. Harry Reid propounded two myths regarding ObamaCare Medicare savings when he said , “standing up [for] our seniors by keeping the promise to protect and strengthen Medicare as we did with our health care bill which we saved — waste, fraud […]

By Robert Romano – Since Sep. 2007, when the recession began, to Sep. 2011, we will have borrowed and spent an additional $6.469 trillion . In addition, since then the Federal Reserve has expanded its balance sheet (minus treasuries purchases) by an additional $1.117 trillion . In fact, the central bank has expanded its balance sheet in total by $1.930 trillion since then, but we’re not going to double-count its […]

By Howard Rich – The nomination of John Bryson as Barack Obama’s new Secretary of Commerce has been touted in some circles as “the latest in a recent string of moves by the Obama administration to mend relations with the business community.” But is the […]

The executive order that Obama is considering which would require all federal contractors to disclose their political donations before being considered for government contracts is now catching heat from the left. House Republicans have already threatened to draft legislation which would override Obama’s possible order. Over the past couple of weeks, several top Democrats in both chambers of Congress have come forth criticizing the proposed order . These […]

By Rick Manning – This Friday will mark the release of the May unemployment report. A report that will reflect the last effects of the Obama trillion-dollar stimulus and of the Federal Reserve’s quantitative easing (QE2). The report is likely to show that job creation is mediocre […]