Chart of the Week: Crony Capitalism Leads to Higher Sugar Prices

Sugar producers contribute only a small percentage of value to overall U.S. crop production, yet the industry continues to reap the rewards from government thanks to a significant lobbying presence and sizable campaign donations. The result is government interference in the sugar market, which dates to the 1930s Depression. American consumers pay the price in […]

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Chairman Conrad’s Embarrassing Quasi-Budget

Senate Budget Committee chairman Kent Conrad, D-N. Dak., holds a news conference on Tuesday, April 17, 2012, to preview the Budget Committee’s budget resolution markup. (Photo By Bill Clark/CQ Roll Call) The Senate Budget Committee stretched a few definitions in announcing yesterday’s “Mark-Up of the Concurrent Resolution on the Budget for Fiscal Year 2013.” Turns […]

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Action Alert – Best Buy Is Financially Supporting Terrorist Groups Including Hamas

by Marc J. Fink • Apr 17, 2012 at 3:39 pm Ailing Retail Giant Sponsors Hamas-Linked Islamist Group, Refuses to Rule Out Future Funding to Islamic Radicals Think again before buying your next flat-screen television or computing device from Best Buy. The struggling retail giant recently used profits from American consumers to fund the annual […]

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The Obama Oil Embargo

From canceling oil leases in his second week in office to denying the XL Pipeline this year President Obama and his administration have offered up a non-stop assault on affordable energy.  Now that high gasoline prices have come home to roost, the president is flailing around for an energy policy. His recent attempts at energy […]

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New Research Confirms that Spending Cuts Stimulate the Economy

New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth and are the only historically reliable way to lower deficits and debt. The authors of the study, Alberto Alesina and Francesco Giavazzi, write that “spending-based consolidations [spending cuts] accompanied by […]

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