How the Shutdown can inform the debt ceiling debate

    Debt Deficit

    by George Landrith & Iain Murray

    It’s all-shutdown-all-the-time in Washington these days. But all that talk has obscured the far bigger challenge facing the nation next week, when the government runs out of room to borrow more money to cover its expenses as it hits the congressionally imposed “debt ceiling.” It would be a disaster for the global economy to see America default on its debts. While it is true America can continue to pay the obligations on its debt and most of its other outlays each month with the tax dollars that are collected, that is only a stop-gap solution.  As a nation we must find a sustainable long-term solution to run away debt and eventual insolvency. [Read more…]

    Taxpayers should fear Cape Wind project

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    by George Landrith

    Lurking off the coast of Massachusetts like a shark out of a Steven Spielberg movie is a green energy project that is being rushed through the permitting process to meet statutory deadlines. If it goes under, it could end up costing U.S. taxpayers millions.

    For almost two decades, efforts have been underway to build a wind farm on Horseshoe Shoal in Nantucket Sound, off the coast of Cape Cod. For almost as long, the effort has been opposed by local residents worried about the project’s cost and potential impact on the environment.

    It’s not a small venture. The project would consist of 130 wind turbines, each 440 feet tall. It’s expected to cost $2.6 billion to build. [Read more…]

    Doubling Down on Absurdity

    Obama Biting Lip

    by George Landrith

    While British Prime Minister David Cameron was in town this earlier this week, President Barack Obama held a press conference and was asked about several growing scandals including the Benghazi coverup. At issue were the CIA talking points that Administration officials radically changed – removing all references to warnings before the attack, terrorism, al-Qaeda, and the planned and coordinated nature of the attack. Obama claimed it was all a politically motivated “sideshow.” [Read more…]