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Indeed, price controls are one of the most pernicious kinds of government regulation. In an ironic twist, they often lead to higher consumer prices over time because they build inefficiencies into economic transactions and decision-making that end up costing consumers more money in the long run.
In the case of Sen. Drubin's comparison of Guantanamo Bayto the murderers of three evil despotic regimes, expressing outrage is not enough. Sen. Durbin must be censured now.
The federal government is a powerful entity, but try as it might it cannot repeal the laws of supply and demand. So don’t blame the drug makers or the banks; blame the politicians in Washington and their inability to see that price "controls" can’t control the larger market.
The scandal surrounding Solyndra — the now-bankrupt, Obama-connected solar power company that received a federally guaranteed loan of $573 million — is well known. But Solyndra, Peter Schweizer says, is only the tip of the iceberg.
The GOP wants to cut $61 billion of discretionary nondefense spending from the total budget of $3.7 trillion, and Democrats are responding as if this will spell the end of Western civilization.
Five years late, Ilario Pantano has been fully vindicated. Now where does he go to get his reputation back?
Only domestic politics can explain two of the Obama administration's most controversial moves: exporting illegal guns to Mexico and balking at building an oil pipeline from Canada.
This is a defining moment for Speaker John Boehner (R-Ohio). He can go down in history as a statesman or as a weak and opportunistic pol. Right now, it doesn't look good on the statesman front.









