Sweetheart Deal: Uncle Sugar and the Sugar Lobby

Written by Gary North on September 20, 2012

For over 200 years, the U.S. government has imposed quotas on the import of sugar into the United States. This has allowed domestic sugar producers the ability to charge more for sugar. Americans consume less sugar. Don’t think of this as cronyism. Don’t think of this as crony capitalism. Think of this as a government […]

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Government-Subsidized Energy Drains Us Permanently

Written by Gary North on August 28, 2012

Why does the federal government support “green energy”? Because the free market won’t. Why does the free market reject “green energy”? Because it costs more to generate than it brings in as revenues. Why is this the case? Because “green energy” is labor-intensive. Why do politicians support this? Because employed workers vote. Does the public […]

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Paying Farmers to Farm Poor Land

Written by Gary North on June 11, 2012

One of the oldest and most entrenched boondoggles is the crop insurance program. The federal government pays the premiums for privately sold, highly profitable insurance to farmers. If crop prices fall, farmers get paid. Why pays them? Taxpayers who live in cities. So, if food prices are high, taxpayers lose. But if food prices fall, […]

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Obama’s “Green Energy” Policy Is Radioactive

Written by Gary North on April 23, 2012

Obama trumpets green energy. Green energy will make us energy independent and pollution-free. He puts his money where his mouth is. Well, he puts our money where his mouth is. He believes in green energy, and his policy is costing plenty of green. The money going to subsidize nuclear power. Private nuclear power. Good Old […]

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Amtrak Trains Run on Red Ink

Written by Gary North on April 6, 2012

Amtrak has absorbed $40 billion in federal subsidies  over the last 40 years. It has never earned a profit. How many people ride the trains? They account for one-tenth of one percent. This is a boondoggle. It has been since day one. Then there is fraud. In a report released last year, the Office of the Inspector […]

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