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U.S. Ruled by Executive, Legislative, Judicial Branches… and Richard Cordray

 

Could Congress create a fourth branch of government? Maybe break off a piece of what the executive branch handles now — commerce, say, or agriculture, or maybe even defense — and create a new office supported by its own dedicated tax stream and the authority to levy penalties? The president could still appoint this officer […]

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Regulatory Reform Is a Big Deal

 

Almost six months into the Trump administration, frustration is mounting over the lack of progress on the bold agenda outlined by the president. Tackling Obamacare has proved more challenging than initially assumed, which has kicked up a backlog on tax reform and other key initiatives on President Trump’s agenda. In fact, Republicans in Congress are […]

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The Company That Ate America

 

Amazon.com Inc. has announced that it will acquire Whole Foods Market Inc. for $13.7 billion, which represents a 27% premium for shareholders of Whole Foods. This is a stunning foray into the $800 billion grocery industry, and a massive shot over the bow of its competitors Walmart, Target, and Kroger, gouging $32 billion out of […]

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Don’t Let the Door Hit You, Elon

 

Last week, after President Trump’s historic decision to back out of the Paris Climate Accords, effectively keeping his promise to put America First, dissent flew from the usual corners with nauseating frequency. However, one critic might have surprised a few observers, given his previous dogged insistence on being close to President Trump. That person was […]

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Trump Grasps at Power, Finds It Elusive

 

There are two kinds of power — let’s call them hard and soft. Hard power has to do with authority, while soft power is the capacity to reach beyond one’s domain and influence others. It is the power to shape events, to change minds, even to redirect history. Donald Trump is fixated on hard power […]

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Dodd-Frank Is Obamacare Bad

 

Inside Job was one of the worst documentaries ever to win an Oscar. The 2010 flick, in which Matt Damon narrates the supposed roots of the 2008 financial crash, is dumb. It’s not Fahrenheit 9/11 dumb, of course, but it’s basically the opposite of The Big Short, both book and movie versions. The latter explores […]

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Report: Taxpayer-Funded Broadband a Resounding Failure

 

The first comprehensive study on the financial viability of government-owned broadband networks in the U.S. found that just two of the 20 networks examined are expected to generate enough revenue during the life of the networks to recoup the money that taxpayers or ratepayers forked over to pay for the construction. “Municipal Fiber in the […]

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Let’s Fully Deregulate the Airline Industry

 

While flying recently I decided to look at the price of plane tickets in Europe compared to the United States. For example, a non-stop flight of about 900 miles from Dusseldorf to Madrid costs on Expedia $125 and takes 2 hours and 45 minutes. A similar distance in the U.S. from any airport in Chicago […]

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Sophisticated Man Is Stupid

 

“Man is stupid, you know, phenomenally stupid; or rather he is not at all stupid, but he is so ungrateful that you could not find another like him in all creation. I, for instance, would not be in the least surprised if all of a sudden, apropos of nothing, in the midst of general prosperity […]

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We’ll Never Have Paris

 

President Trump reversed President Obama’s commitment to the Paris Accord provoking spasms of loathing from the Left and from all the countries that stood to benefit from the American taxpayer’s money. The Paris Accord was bad for America and most developed countries – redistributing American taxpayer wealth to poorer countries; letting China off the hook for […]

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