by Jane Richey | Aug 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the Environmental Protection Agency waive production requirements for corn-based ethanol. One-third of House members have also signed onto...
by Jane Richey | Aug 9, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
Unemployment is at 8.3 percent. The economy is sputtering at 1.5 percent growth. Food prices are rising due to drought conditions across the country. And gas prices are up again, pinching Americans’ summer budgets. It is past time for the President and Congress to...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Free Markets
Randall Tabor, who owns two Quiznos sandwich restaurants in Virginia Beach, Va., once aspired to triple the number of outlets he owns. But after the federal health-care overhaul passed in 2010, Mr. Tabor says, he shelved those plans. The law requires that employers...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
Louis M. Bacon is the head of Moore Capital Management, one of the largest and most influential hedge funds in the world. Last week, he announced that he was returning one quarter of his largest fund, about $2 billion, to his investors. The reason he gave to The New...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility, Free Markets
Pizza chain Papa John’s told shareholders that President Obama’s health care law will cost consumers more on their pizza.On a conference call last week, CEO and founder John Schnatter said the health care law’s changes — set to go into effect in 2014...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...