HIGHWAY BILL - MARC SCRIBNER
NATIONAL DEBT - MATT PATTERSON
WashingtonExaminer.com:Growing debt will force a civilizational reset
From the presidential inaugurations of George Washington to George W. Bush, our federal government accrued a debt of more than $5 trillion. Thanks to the spending binges of Bush and President Obama, our national debt is now in excess of $15 trillion.
It is a sum equal to our entire national gross domestic product. It is a sum greater than the combined economies of China and Japan.
The figure of $15 trillion is an amount so astronomical as to be literally incomprehensible -- beyond the ken of our formidable, if recently evolved, homo sapiens mind. (Unfortunately, that does not stop us from racking up such sums. Doubtless, the two phenomena are somehow related.)
What does that mean for you? > Read the full commentary on Washingtonexaminer.com
> Interview Matt Patterson
ENERGY & OIL - DAVID BIER
Globalwarming.org: Strategic Petroleum Wars: About Politics, Not Economics
The President shouldn’t just release some oil from the Strategic Petroleum Reserve, as Congressional Democrats want—he should release all the oil and close the SPR permanently. The reserve’s origins and purposes are entirely based on myth—that the 1973-74 OPEC oil embargo decreased imports so dramatically that a massive oil shortage resulted (read why this is wrong here). The political benefits of this myth are plentiful. It outsources blame for the energy crisis to foreigners—in particular, Arabs. It also creates a climate of fear that showers extraordinary powers on politicians and bureaucrats. Finally, it permits political saviors to rescue us from high gas prices.> View the full commentary on Globalwarming.org
>Interview David Bier
HUMAN ACHIEVEMENT HOUR
Saturday, March 31
HAH is an annual event to recognize and celebrate human achievement and innovation. During the hour, participants are asked to listen to music, surf the internet, have a glass of beer, and generally enjoy the fruits of the human mind which would not have been possible in a world where conservation restrains advancement.
HAH can be celebrated anywhere from 8:30pm to 9:30pm. In addition, CEI will be hosting a celebration at our headquarters in Washington, DC and live streaming our event online.
Join the HAH Facebook group.
Ten Thousand Commandments
By Wayne Crews
Welcome to The Other National Debt -- The Cost of Regulation
-> Read Today's Decrees
CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government. For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org. Follow CEI on Twitter! Twitter.com/ceidotorg.