Infrastructure Investment: A State, Local, and Private Responsibility.

Here is a new Cato study on infrastructure spending.

 

“Infrastructure Investment: A State, Local, and Private Responsibility.”

http://www.cato.org/sites/cato.org/files/pubs/pdf/tbb_067.pdf

 

The study discusses how federal involvement in infrastructure has many serious disadvantages, and few, if any, advantages.

 

It examines the worldwide trend toward privatization and PPPs for highways, bridges, airports, and much else. The United States has been a laggard on these innovations.

 

The study also discusses the often-heard claim that our roads/bridges are “crumbling.” It turns [...]

Ron Paul Statement on Supreme Court Obamacare Decision

“I strongly disagree with today’s decision by the Supreme Court, but I am not surprised. The Court has a dismal record when it comes to protecting liberty against unconstitutional excesses by Congress.

“Today we should remember that virtually everything government does is a ‘mandate.’ The issue is not whether Congress can compel commerce by forcing you to buy insurance, or simply compel you to pay a tax if you don’t. The [...]

TAXPAYERS ON HOOK FOR MONUMENT–TO HARRY REID

You might be surprised to hear there is a Harry Reid Research and Technology Park. You won’t be surprised to learn that U.S. taxpayers are funding part of it.

This monument to the Senate majority leader was not subsidized through some earmark Reid stuck in an appropriations bill. The $2 million grant came through a little-known part of the Commerce Department known as the Economic Development [...]

ROMNEY: FIRST THING I WOULD UNDO IS OBAMACARE

Health care is more than just one-sixth of the American economy. It is a source of well-being for individuals and families. We are blessed with much that is good in American health care. But we have taken a turn for the worse with ObamaCare, with its high taxes and vastly expanded federal control over our lives. I believe the better course is to empower the [...]

Whitehouse attempts to oust Pharma CEO – WSJ

From WSJ:

A government attempt to oust a longtime drug-company chief executive over his company’s marketing violations is raising alarms in that industry and beyond about a potential expansion of federal involvement in the business world.

The Department of Health and Human Services this month notified Howard Solomon of Forest Laboratories Inc. that it intends to exclude him from doing business with the federal government. This, in turn, could prevent Forest from [...]