CARBON TAX & CRONY CAPITALISM - MARLO LEWIS
Globalwarming.org: Where Does ExxonMobil Stand on Carbon Taxes?
Yesterday on NPR’s radio program To the Point, I said it was dishonorable for ExxonMobil to support a carbon tax. I compared ExxonMobil’s reported embrace of carbon taxes to Enron’s lobbying for the Kyoto Protocol.
Enron was a a major natural gas distributor and saw in Kyoto a means to suppress demand for coal, natural gas’s chief competitor in the electricity fuel market. ExxonMobil is a major natural gas producer. So I took this to be another case of political capitalism – corporate lobbying to replace a competitive market with a rigged market to enrich a particular firm or industry at the expense of competitors and consumers.
> Read the full commentary on Globalwarming.org
>Listen to the interview on kcrw.com
> Interview Marlo Lewis
SENATE VOTE ON BANK GUARANTEES - JOHN BERLAU
CEI.org: Coalition Tags TAG Bailout as Regressive and Economically Disastrous
The U.S. Senate voted on Tuesday to support consideration of an extension on unlimited, taxpayer-backed guarantees on non-interest bearing bank accounts.
Fourteen leaders and scholars of conservative and free-market groups, including CEI, had opposed this Transaction Account Guarantee (TAG).
Enacted at the height of the financial crisis, TAG provides unlimited government-guaranteed deposit insurance for non-interest bank and
credit union accounts, over and above the $250,000 limit for all accounts. Yet the Senate today is voting on whether to extend this "temporary program," which benefits only the wealthiest depositors, for another two years.
> View the coalition letter
> View John Berlau's commentary for Nationalreview.com
> Interview John Berlau
RACHEL CARSON'S SILENT SPRING - ANGELA LOGOMASINI
Townhall.com: Year Ends 50th Anniversary of Silent Spring An Unhappy Legacy Continues
This year marked the 50th anniversary of biologist Rachel Carson’s 1962 book, Silent Spring. Although the anniversary is soon to become history as well, Carson’s impact promises to continue well into the future—and it’s not something to celebrate.
Carson was right to advocate for careful use of pesticides, but her harsh rhetoric needlessly raised excessive alarm. She postulated man-made chemicals affect processes of the human body in “sinister and often deadly ways,” birthing a powerful environmental movement that is fiercely anti-pesticide. > View the full commentary on Townhall.com
> Interview Angela Logomasini
The Competitive Enterprise Institute is proud to announce a new ambitious film project: an animated adaptation of I, Pencil by Leonard Read.
> View the I, Pencil short film
> Tweet about I, Pencil