FreedomTalks

The last two evenings of the Democratic National Convention have been every bit as full of light, fluff, and glittery prose one would expect at the four day pajama party.  Speakers have grinned through their spot to cover past offenses and dished out the same misty rhetoric over and over again.  It’s all been very [...]

Very interesting article from the Wall Street Journal - “San Fancisco Ponders: Could Bike Lanes Cause Pollution?”
Mr. Anderson disagrees. Cars always will vastly outnumber bikes, he reasons, so allotting more street space to cyclists could cause more traffic jams, more idling and more pollution. Mr. Anderson says the city has been blinded by political correctness. [...]

Let Go of the Past and Allow Offshore Drilling - George Skelton writes in the LA Times (h/t The Foundry)
So there’s a gusher of hypocrisy here: The state that is the biggest consumer of gasoline in the nation — but produces less than 40% of what it uses — is opposed to drilling for more [...]

Steven Malanga takes on the “free-ride for business” myth at RealClearMarkets. Check it.
Many businesses we regard as successful operate on small profit margins. After paying $5.8 billion in taxes in 2005, Wal-Mart earned $11.7 billion—a nice chunk of change. But those earnings were on revenues of $312 billion, a mere 3.4 percent net profit [...]

Reason is up to their usual brilliance with their latest on ethanol.

Says gentleman at a gas station in Texas in this video. Congressman Jeb Hensarling (TX) went home to collect signatures from constituents asking for a vote on energy.

Colorado Congressman Mark Udall has apparently seen the light of elections and  reversed his opposition to off shore drilling, The Denver Post has the story.
Battered on the energy issue for weeks, Democratic Senate candidate Rep. Mark Udall moved Wednesday to close the distance with his Republican opponent on the issue, calling for more domestic drilling [...]

Here’s an interesting article from the Philadelphia Inquirer about oil off the New Jersey shore.  The article talks about the new technology we have to pinpoint oil, making it a more exact science than ever and about the billions of barrels just off our own coasts.
One of things that stood out to me most was [...]

FreedomWorks popped in to hear the speeches that are still going on over on the House floor today, the dogged determination to see this issue through is amazing.  Here’s what we heard:
Rep. Michael Ferguson (NJ): urged Americans to call the switchboard, (202) 224-3121. to speak to their Congressperson and demand a vote.  He said that [...]

Energy and food prices have risen at an astonishing clip. That means the U.S. economy is in inflation, right?
But the price of a key asset class, housing, is declining at 15 percent annual rate. That means deflation, right?
So what’s the word for an economic condition that contains relatively disruptive levels of both inflation [...]