US: 54.5 mpg and the law of unintended consequences – by Bishop Harry R. Jackson, Jr.
Legislators and regulators need to observe a fundamental Golden Rule: Do not implement new laws if you have not considered or cannot control important unintended consequences.
A perfect example is the Obama Administration’s plan to increase new car mileage standards, from the currently legislated requirement of 35.5 miles per gallon by 2016 to 54.5 mpg by 2025, as an average across each automaker’s complete line of cars and light trucks.
Carmakers reluctantly agreed to the new requirements, to avoid even more onerous standards, or different standards in different states. But the deal does nothing to alter the harsh realities of such a requirement.
First, National Highway Traffic Safety Administration (NHTSA) analyses indicate that the mileage standards will add $3,000 to $4,800 to the average price of
US: Hands off Chick-fil-A – by Lawrence Reed
In coming weeks, I expect to eat often at Chick-fil-A and not just because I like the company and the food they serve. I’ll be there as my way of protesting the disgusting
The personal views of Chick-fil-A’s CEO Dan Cathy on gay marriage sparked the recent controversy. It should be noted the company does not discriminate against anybody in its hiring or in whom it serves in its restaurants. Cathy expressed an opinion shared by millions of Americans and, until recently, even by President Obama. Agree or disagree with Cathy, you should be concerned when elected officials threaten to use government power against a company because of a political disagreement with the CEO. Consider the following remarks.
US: Aurora and the left’s hatred for America – by Jeffrey Kuhner
Liberals are exploiting the Aurora massacre to advance a political agenda. The tragic mass murder of 12 people is being used as fodder against the right. Within hours of the killing spree, the media establishment was hoping to link the suspected shooter, James Holmes, with the Tea Party, conservatives and — ultimately — the presumptive
On ABC’s “Good Morning America,” investigative reporter Brian Rossurgently told host George Stephanopoulos that a “Jim Holmes” was a member of the Colorado Tea Party. In fact, it was a different person. It never occurred to Mr. Ross and Mr. Stephanopoulos that there could be numerous people with a common name like James Holmes. Even by ABC News‘ standards, that was pathetic.
US: John Cochrane, The Grumpy Economist, Meets The Gold Standard – by Ralph Benko
Neither political party is presenting a compelling solution. In the words of Frank Cannon, president of American Principles Project (which this writer professionally advises) and former Kemp presidential campaign aide, the GOP has reverted to its pre-Kemp status as a party of severe rectitude rather than a party of equitable prosperity. How little political sense does it make to turn to the voters to say, “Times are tough. Our solution is to… cut your benefits”?
Rove: For Romney, Even Means Ahead
After absorbing three months of negative ads from President Obama, the GOP challenger is raising his game in time for the nominating convention.
By KARL ROVEWednesday's Gallup poll had President Barack Obama and Mitt Romney essentially tied, with Mr. Obama at 47% and Mr. Romney at 46%. That's good news for the challenger: Mr. Romney has absorbed a punishing three-month Obama television barrage that drained the incumbent's war chest. Historically, undecided voters tend to break late for the challenger.
Mr. Romney and his campaign have also raised their game. After Mr. Obama declared on July 13 that "If you've got a business, you didn't build that," Mr. Romney went on offense, saying the following Tuesday in Pennsylvania that the notion entrepreneurs didn't build their businesses was "insulting." Wednesday in Ohio, Mr. Romney attacked Mr. Obama for not having met with his Jobs Council for six months. Thursday in Massachusetts, Mr. Romney belittled the White House's explanation that the president had failed to do so because he "has a lot on his plate." The following Tuesday in Nevada before the Veterans of Foreign Wars, Mr. Romney criticized Mr. Obama over cuts in defense and veterans care.
Each time, Mr. Romney's message was delivered in the morning and dominated the day's coverage. That change appears now to be standard procedure for Team Romney.
Last week Mr. Romney began laying out a crisper, shorter economic agenda. His "Plan for a Stronger Middle Class" is built around five priorities: promoting more domestic energy, cultivating skills for economic success, making trade work for America, cutting the deficit, and championing small business (including tax and regulatory reform and the repeal of ObamaCare). It also compares the candidates' records in office. Jobs, home values, and family income rose—while budget deficits and unemployment declined—in Massachusetts under Mr. Romney, whereas all these measures are in the wrong direction under Mr. Obama.
The stewardship case is pretty straightforward: the worst recovery in U.S. history, 42 consecutive months of 8-plus percent unemployment, declining economic growth — all achieved at a price of an additional $5 trillion of accumulated debt.
State Sen. Joe Simitian’s district office near Stanford’s campus is nestled among shops sporting excruciatingly cute names (A Street Bike Named Desire,Mom’s the Word maternity wear) intended to make the progressive gentry comfortable with upscale consumption by presenting it as whimsical. This community surely has its share of advanced thinkers who think trains are wonderful because they are not cars (rampant individualism; people going wherever and whenever they want, unsupervised).
India’s massive blackout is just the beginning.
The Journal acknowledges the appeal of VP frontrunners Tim Pawlenty and Rob Portman—working-class roots and high-level experience, respectively—but says that Ryan is the only politician with the gravitas and vision to campaign on a presidential level. Here’s the op-ed:
Whether I grabbed Milton Friedman’s “Capitalism and Freedom” because of recent tributes to the Nobel laureate -- he would have turned 100 on July 31 -- or because of the book’s compact size, I can’t say. But I’m glad I did.
Take Me Down to the Parasite City
The District is booming.
Yes we can! Construction cranes dominate the downtown skyline, and your average homeless guy can barely grab a stretch of sidewalk before yet another boutique store pops up to bounce his bedroll.
True, if you venture outside the Death Star's orbit to visit the colonies for Thanksgiving or Christmas, you'll see a lot of boarded-up storefronts. You might even feel a twinge of shame when Matt Drudge feeds you headlines like "D.C. Leads List of Most Shopaholic Cities in America."
The next day, a pro-Barack Obama super PAC began running an ad blaming Mitt Romney and Bain Capital for the death of a steelworker's wife (who actually had insurance and passed away seven years after Romney ran Bain and five years after her husband was laid off from a money-losing steel plant).
The Obama campaign has, more than once, implied that Romney is a felon.
by Tibor Machan
– by Staff Report
Dominant Social Theme: Ain't Saudi Arabia grand? Its Saud sheiks are building entire same-sex cities to advance women's liberation – Middle Eastern style!
Free-Market Analysis: We read this article with growing disbelief. What kind of sick society builds separate CITIES for women?
Well ... the Saudis do.