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Slap on the Wrist or Slap in the Face? EU Fines Google $5 Billion

 

If you searched ” Google” on Google yesterday, two headlines would appear. First, the European Union levied a 5.1 billion dollar anti-trust fine against Google regarding its Android operating system. Second, Google unveiled plans to lay an additional trans-Atlantic cable from Virginia to France. Assuming that trust busting is economically beneficial, the EU’s actions against […]

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Trump Tariffs Only Tip of the Iceberg for China

 

China can’t get out of its own way. At a Foreign Affairs Congressional Hearing last Wednesday, a panel of congressman and economists agreed that action needs to be taken against China’s “predatory trade practices.” What that looks like, however, is up for debate. Luckily for the panel, they may not have to decide. Will the Year […]

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Hades in Haiti: Pillaging Port-au-Prince

 

This past weekend, the Haitian government, headed by Prime Minister Jack Guy Lafontant, announced price spikes on oil products. The economic shock has rocked Haiti, inciting the worst riots since the coup d’état of the early 1990s. Haiti, the most impoverished country in the Western Hemisphere, continues to be the victim of government planning and financial recklessness. […]

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Tobacco Funds Fill Government Coffers, Not Help People Quit

 

In the 1990s, more than 40 states sued the major tobacco manufacturers to recoup costs allegedly incurred from treating smoking-related illnesses. After years of courtroom battles, the two sides developed the Master Settlement Agreement (MSA). Under MSA, the companies agreed to pay states “over $200 billion for tobacco-related health care costs,” and in return, the states […]

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A Pretty Cheesy Subsidy

 

America is glutted with cheese. In fact, the size of the American cheese stockpile just hit an all-time high. And before you say that that doesn’t sound like much of a problem to you (or one you’d happily volunteer to help solve if it were), consider how we solve it — with your tax dollars. […]

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As Raiders Stadium Rises, Golden Knights Rule Vegas

 

Las Vegas Some of the initial Raiders fervor has died down. A Rio All-Suites Hotel & Casino gift shop that last summer sold more gear for the future NFL team than the city’s current NHL team, the Golden Knights, says that script has flipped — after the expansion hockey team’s surprising run to the Stanley […]

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Only 2.3 Hours to Recharge!

 

My teeth and gums are particularly sore today. I read — and relate with sourness — that GM has achieved the miracle of reducing the charge-up time of the 2019 Chevy Volt to “only” 2.3 hours — assuming you can plug the thing into a 240 Volt “fast” charger. If not, the time to achieve […]

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Scooters Save the Day in Washington, D.C.

 

Signal problem. Disabled train. Medical emergency. Fire department activity. Service suspension. Single tracking. Major delays. Deer struck by train. These are just a few of the messages that have graced Washington area commuter’s phones over the past weeks as the WMATA, the supervising agency of the D.C. metro, continues to fail in their stated mission […]

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Janus: ‘Fair Share’ Fees Are Anything But

 

Last week’s Supreme Court ruling that now allows non-union public workers to opt out of paying union “fair-share” fees has Big Labor in a tizzy, but this commonsense free-speech decision has been long overdue. AFL-CIO President Richard Trumka called the June 27 Janus v. AFSCME ruling “a political stain on what is intended to be […]

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College Isn’t for Everyone … and That’s Okay

 

In recent years, the focus on encouraging high school students to pursue higher education has increased. This has led to a dramatic increase in college attendance, 15% growth between 2005 and 2015 alone. In itself, this encouragement of education is laudable. But, the problem lies in the execution of this encouragement. The focus on higher education is […]

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