This week marks the 40th anniversary of the Staggers Rail Act of 1980, which deregulated American freight…
CFIF on Twitter CFIF on YouTube
Happy 40th to the Staggers Rail Act, Which Deregulated and Saved the U.S. Rail Industry

This week marks the 40th anniversary of the Staggers Rail Act of 1980, which deregulated American freight rail and saved it from looming oblivion.

At the time of passage, the U.S. economy muddled along amid ongoing malaise, and our rail industry teetered due to decades of overly bureaucratic sclerosis.  Many other domestic U.S. industries had disappeared, and our railroads faced the same fate.  But by passing the Staggers Rail Act, Congress restored a deregulatory approach that in the 1980s allowed other U.S. industries to thrive.  No longer would government determine what services railroads could offer, their rates or their routes, instead restoring greater authority to the railroads themselves based upon cost-efficiency.

Today, U.S. rail flourishes even amid the coronavirus pandemic…[more]

October 13, 2020 • 11:09 PM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Running on Empty with a Full Tank: The Incoherence of Obama’s Energy Policies Print
By Troy Senik
Thursday, March 31 2011
Rather than embrace the tremendous resources that literally lie at our feet, the Obama Administration is instead soldiering on with its quixotic promotion of costly and unworkable alternatives.

Though Barack Obama is a polarizing politician, there’s one thing that his friends and critics seem to agree on: He’s a canny politician. So if the president had the ability to bring down the nation’s staggering gas prices, create new American jobs and decrease the country’s reliance on foreign energy sources without spending a dime of taxpayer money, wouldn’t you expect him to take it?

If you answered yes, chances are that you’re not working in the Obama White House.
 
As Americans watch skyrocketing gasoline prices (up an average of nearly 80 cents a gallon from this time last year) frustrate their hopes for economic recovery, they should be outraged by a new report on America’s energy resources from the Congressional Research Service. The report shows that the United States is sitting on the largest batch of energy resources on the planet. In fact, these vital fuel sources add up to more than the resources of energy-rich Saudi Arabia, China and Canada combined.
 
At every turn, the report’s pages reveal a plethora of untapped resources. We have enough oil to replace our imports from the Middle East for 50 years. We have enough domestic natural gas for about 100 years. And we have enough recoverable coal to power the nation for at least two centuries. And none of those statistics factor in the increased efficiencies that could allow future generations of Americans to do more with less of these copious fuel sources.
 
The problem, of course, is that the Obama Administration and its allies throughout the Democratic Party and the alternative energy industry deride these existing resources as remnants of a crude industrial era. Instead, they hasten us to a future powered by faddish innovations in technologies like solar and wind power. And they attempt to sweeten the pot by invoking the revolution in “green jobs” that will accompany this economic and environmental transformation.
 
Unfortunately, this revolution has not been forthcoming. Despite decades of government support and billions of dollars in wasted taxpayer money, alternative energy remains a boutique pipe dream. And the experience of nations like Spain and Britain – which have pursued green jobs agendas in earnest – show that these initiatives inevitably end up destroying more jobs than are created.
 
The economics at work are elementary. Without a method for making alternative energy affordable in the free market, liberals are reduced to coercion. That means subsidizing the inefficient alternative fuels with taxpayer money, artificially raising the price of fuel sources that actually work, or both. It doesn’t take a doctorate to realize that this is a recipe for lower quality, higher costs and economic decline.
 
Rather than embrace the tremendous resources that literally lie at our feet, the Obama Administration is instead soldiering on with its quixotic promotion of costly and unworkable alternatives. The White House and its allies are quite literally tilting at windmills. In the meantime, America’s economy is needlessly running on empty.

Question of the Week   
Which one of the following was the first 20th century presidential candidate to call for a Presidential Debate?
More Questions
Quote of the Day   
 
"In nominating Barrett to the Supreme Court, [President Trump] kept his promise by choosing an undaunted originalist -- someone who interprets the Constitution based on the understanding held by its ratifiers.Trump's most profound effect on the Constitution will come when she and the other Trump Justices apply that originalism to the questions of liberty and equality."Read entire article here.…[more]
 
 
—John C. Yoo, Heller Professor Law at U.C. Berkeley School of Law
— John C. Yoo, Heller Professor Law at U.C. Berkeley School of Law
 
Liberty Poll   

Do you believe Republicans will continue to hold a majority in the U.S. Senate following the 2020 election?