ALG's Daily Grind - Boehner: 'We do not have an immediate debt crisis'

March 25, 2013

Boehner: 'We do not have an immediate debt crisis'

If we wait until interest rates rise to begin to finally address our fiscal problems, we will certainly have waited too long. By then, it will be too late.

Republicans must be aggressive to secure smaller government

Far too often, the GOP introduces watered-down legislation that they hope will not be torn to shreds by the media. This strategy has failed to pay off.

Will Congressional Tantrum cost USPS $50 million

Expecting our elected officials to worry about a comparatively puny $15.9 billion annual USPS shortfall when they don't seem overly concerned about our nation's $1.1 trillion annual deficit is probably too much to ask.

Trugman: Think Cyprus it can't happen here? It already has

"The Fed has orchestrated a massive transfer of wealth in America from the middle class and the poor to the wealthy. You could call it 'Operation Reverse Robin Hood.'"

CEI Today: Cost of regulation, Greece imploding, and 6 immigration reforms

REGULATORY COSTS - WAYNE CREWS

Openmarket.org: How Much Does Federal Paperwork And Tax Compliance Cost?

The Office of Management and Budget, in its 2011 Information Collection Budget of the U.S. Government, estimates that 8.783 billion hours is required to complete regulatory paperwork annually, up from 7.4 billion in 2000, but down from 2009. The OMB doesn’t focus on the projecting of cost estimates for all these hours, but does allow that “if each hour is valued at $20, the monetary equivalent would be $176 billion.”  > Read the full analysis on Openmarket.org

 

> Interview Wayne Crews

GREECE IMPLODING - BILL FREZZA Huffington Post: Greece: How Long Until Junta? Anyone who believes that the situation now spiraling out of control in Greece will end peacefully is dreaming. There is no credible plan for economic recovery. Greek GDP is imploding. Multinational corporations are pulling up stakes, sometimes selling off their Greek operations for one euro just to get out. No foreign investor in his right mind would put money into a new business there, and the local entrepreneurs who try are usually strangled in a tangle of red tape through which no amount of fakelaki can cut. When the anarchist/communists explode and the fascist/nationalists fight back, will we see a repeat of a civil war that claimed more Greek lives than World War II?  > View the full commentary on Huffingtonpost.com > Interview Bill Frezza > Follow Bill Frezza on Twitter: www.twitter.com/BillFrezza

IMMIGRATION REFORM - DAVID BIER Openmarket.org: 6 Ways To Improve The Senate’s Immigration Proposal “We will ensure that this is a successful permanent reform to our immigration system that will not need to be revisited.” That’s from a statement released today from Sens. Chuck Schumer (D-N.Y.), John McCain (R-Ariz.), Dick Durbin (D-Ill.), Lindsay Graham (R-S.C.), Robert Menendez (D-N.J.), Marco Rubio (R-Fla.), Michael Bennet (D-Colo.), and Jeff Flake (R-Ariz.). The senators argue that their proposal will provide the permanent fix America’s immigration system needs, but here’s six ways it could be better.  > View the 6 proposals on Openmarket.org > Inteview David Bier

More in the news... EIA: Not Bullish on Biofuel “We Are Taking Chemotherapy for a Cold” — Matt Ridley on Climate Policy Global Lukewarming? Copyright Act - Congress Isn’t Ready for a Big Change. Here Are Some Smaller Ones. CEI’s Battered Business Bureau: The Week In Regulation “Right-To-Work” All Right In Indiana $180 Billion Wasted On Head Start; Progressives Seek To Ban Private Schools And Homeschooling

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.

ALG's Daily Grind - Krugman: National default 'can't happen'

Nov. 29, 2012

Krugman: National default 'can't happen'

New York Times columnist says the government "literally can't run out of money. After all, it can print the stuff." Feel better now?

Top 12 Big Gov't Busts of 2012: #10 Internet Regulation

Web sites such as Wikipedia blacked themselves out this year. It was in reaction to legislation to over-regulate the Internet.

Boehner's dangerous gambit

If Mr. Boehner convinces his House colleagues to jump off the fiscal cliff and accept deals that don't make significant short and long term cuts in all federal government spending, his colleagues will have to explain their failure to perform the task they were hired to do in 2010.

CNBC: Student-Loan Delinquencies Now Surpass Credit Cards

11 percent of the nations' $1 trillion of student loans are delinquent by 90 days or more.

ALG's Daily Grind - The Great Credit Conundrum

Aug. 6, 2012

The Great Credit Conundrum

Can the economy grow without debt?

Maine's shot across Obamacare's bow

Maine Governor Paul LePage in letter to Obama Administration requests a reduction to Maine's Medicaid eligibility threshold by Sept. 1, 2012 and threatens to sue if it is not granted.

Video Commentary: Big Government's battle with Chick-fil-A has unintended consequences

If Chick-fil-A wasn't a household name before, it is now! That is, thanks to government leaders and their attempts to shut it down.

Tea Party scores another win in Texas

Conservatives have had it with do-nothing leadership.

CEI Today: New carbon tax bill, Germany & Euro debt, and the failed cybersecurity bill

CARBON TAX - MARLO LEWIS

Globalwarming.org: Congressman Introduces Carbon Tax Bill

Today, Rep. Jim McDermott (D-Wash.) introduced the “Managed Carbon Price Act of 2012″ (MCP), a bill imposing a tax on carbon dioxide-equivalent  greenhouse gas (GHG) emissions from producers of coal, oil, and natural gas, refineries, and other covered sources. The MCP has roughly the same long-term goal as the Waxman-Markey cap-and-trade bill, the Copenhagen climate treaty, and California Assembly Bill 32 — an 80% emissions reduction below 2005 levels by 2050. > Read the full commentary on Globalwarming.org

>Interview Marlo Lewis

GERMANY & EUROPEAN DEBT - MATT MELCHOIRRE Forbes.com:Angela Merkel's Bismarckian Euro Diplomacy German Chancellor Angela Merkel seems to be channeling her 19th century predecessor, Otto von Bismarck, in a striking way; engineering a diplomatic balancing act wrought with internal contradictions. Even as she seeks to placate anxious Southern European governments with bailouts, she steadfastly rejects the idea of common European debt known as Eurobonds. Her delicate strategy, like Bismarck’s, seems destined to suffer a tragic fate. Moody’s downgrade last week of Germany’s credit rating outlook signals that time is running out.  > View the full commentary at Forbes.com >Interview Matt Melchoirre

August 2, 2012: Cybersecurity Bill Fails This week, the Senate shot down a controversial cybersecurity bill that Associate Director of Technology Policy Studies Ryan Radia believes would have been a disaster for freedom of speech, property rights, and freedom of contract. >Listen to the podcast > See related: Cyber bill shouldn’t gut private contracts >Interview Ryan Radia

Also featuring... The Great Hollywood Swindle Maryland’s Public Pension Debacle Is Likely to Repeat Itself

Deal: Stealing You Blind book just $6 (and some change) on Amazon! Get your copy today!

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.