In our latest Liberty Update we explain how Texas highlights the peril of the stubborn "green" energy…
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Image of the Day: "Green" Energy Hogs Taxpayer Subsidies

In our latest Liberty Update we explain how Texas highlights the peril of the stubborn "green" energy agenda.  Economist Stephen Moore continues his fantastic work by illustrating how "green" energy, not fossil fuels, irrationally hogs taxpayer subsidies:

[N]ow the left is recirculating its myth that fossil fuels require massive taxpayer subsidies. In psychology, this is called "projecting" - when you accuse someone else of deviant behavior that applies to yourself. In reality for every kilowatt of power generated, wind gets about 10 times more taxpayer subsidies and solar gets 50 to 100 times more handouts than fossil fuels":

 

[caption id="" align="alignleft" width="545"] "Green" Taxpayer Subsidy Hogs[/caption]…[more]

March 01, 2021 • 10:27 AM

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211 Anything You Can Do the Fed Can Do Better?

President Obama has now nominated Federal Reserve Chairman Ben Bernanke to a second term as the head of what some call the most powerful unelected body in the world. Bernanke has received praise for his efforts to ease the recession and to loosen credit markets in the wake of the recent financial crisis. However, a vocal minority of critics have begun…

212 Taking Stock of the Obama Revolution

During a press conference at April’s G-20 Summit in London, President Obama said, “I'm the President of the United States … so I have a direct responsibility to my constituents to make their lives better. That's why they put me in there. … And I will be judged by my effectiveness in meeting their needs and concerns.”…

213 Obama’s Latest "Never Mind" - $2 Trillion Deficit Recalibration

Is Barack Obama capable of saying anything that Americans can trust? That question accrued even greater prominence this week after the White House recalibrated its ten-year budget deficit projection from $7 trillion to $9 trillion. Just three months ago, when Obama completed the official release of his proposed 2010 budget, he forecast…

214 The Supposed “Obama Recovery” May Prove a Sugar High

This month, the United States Department of Commerce reported that America’s gross domestic product (GDP) contracted at a 1% rate during the second quarter, the slowest level of contraction in one year, following a 6.4% contraction in the first quarter and a 5.4% contraction in the fourth quarter of 2008. It’s still an economic decline,…

215 If at First You Don’t Succeed, Spend and Spend Some More

Potomac Fever:  some would define it as a determination to share in the power and prestige of the federal government.  Others might characterize it with words like obstinance, incorrigibility and simple pig-headedness.  Undoubtedly, Washington loves power.  But when it comes to admitting the error of its ways, ignorance is bliss…

216 Broken Political Promises Mean Tax Hikes

It is one of the most iconic broken promises in politics: “Read my lips, no new taxes.” After breaking that campaign promise, President George H.W. Bush effectively destroyed any political capital he had with conservatives and everyone else who was slapped with Bush’s higher tax rates. Yet despite that political lesson, little has…

217 Obama Is Taking an Economic Flu Patient and Giving It Pneumonia

On November 4, 2008, the day Barack Obama was elected President, the Dow Jones Industrial Average stood at 9,625.

218 Help Wanted: How You, Too, Can Profit from Pork and Earmarks

So you don’t have a job. Or maybe you do and just want a change. You missed the banking, auto maker and insurance bailouts. You couldn’t get to Miami fast enough to be the thousandth person in line for the 30 firefighter jobs. You can’t wait several years for the jobs promised by the so-called “economic stimulus&rdquo…

 
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Question of the Week   
Which one of the following states had the first paved concrete street in the U.S.?
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Quote of the Day   
 
"TOKYO, March 5 (Reuters) - Japanese supercomputer simulations showed that wearing two masks gave limited benefit in blocking viral spread compared with one properly fitted mask.The findings in part contradict recent recommendations from the U.S. Centers of Disease Control and Prevention (CDC) that two masks were better than one at reducing a person's exposure to the coronavirus.Researchers used the…[more]
 
 
—Rocky Swift, REUTERS
— Rocky Swift, REUTERS
 
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