A Market-Based Solution to California’s Water Shortage
California’s water crisis – and Governor Jerry Brown’s draconian response to it – could go a long way toward uniting middle class and elite urbanites in a revolt against political favoritism run amuck.
As Shikha Dalmia explains, “The best — and most sustainable — solution to California's water woes would be full-bore markets in which prices can rise and fall with supply and demand. Under such a system, depleting water reserves would have led to price increases long ago, producing an automatic incentive to conserve. More importantly, this would have clearly signaled growing scarcity, spurring new technologies for affordable water generation. All of this would have allowed consumers and businesses to make small adjustments over time without letting the shortage reach a crisis…[more]
At the White House Summit on Extremism That Shall Remain Unspecified Because Violent Followers Belonging To Unnamed Extremist Movement Might Take Extreme Offense And Act Extremely, the feds are touting a groundbreaking new strategy to fight terrorists.
Just kidding. It's actually the same old futile strategy that big-government liberals use to cure everything: mo' money, mo' money, mo' money.
Instead of killing jihadists, keeping them off of our soil, locking up their poisonous spiritual agitators and shutting off their terror-funding pipelines, President Obama called on America and the world…
"'Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich,' by Peter Schweizer -- a 186-page investigation of donations made to the Clinton Foundation by foreign entities -- is proving the most anticipated and feared book of a presidential cycle still in its infancy.The book, a copy of which was obtained by The New York Times, asserts that…[more]