Links for July 12, 2010: Is the Energy Star Program a Rubber Stamp?; Much Ado About the Economy, Economics; Much, Much More!

July 11, 2010
  1. The Government Accountability Office tested the government’s Energy Star program with phony products and found it essentially to be a rubber stamp–except that only 15 of 20 products were accepted and two were rejected.  I wish they’d explained the rejections in a little more detail.

  2. Every time a libertarian stays in the closet, an angel gets its wings ripped off.

  3. We need you out here!!! I highly recommend listening to Mises.org podcasts and watching Reason.tv. After a while, you’ll come to realize that you have ready responses to every statist argument that comes down the tube.  Also, take Christopher Hitchens’s sage advice to heart.

  4. “The Conscience of a Liberal”: Calling your opponent “bizarre” and “crazy” = Checkmate!!! See full ThinkMarkets.wordpress.com response hereRead the rest of this entry »

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The Outer Continental Shelf Deepwater Royalty Relief Act — or — Why Big Oil Drills in Deep Water

June 25, 2010

Originally posted in the Spout-Off Forum of the Cape May County Herald, this post is intended to supplement Matthew J. Novak’s article and blog at mises.org, Bashing BP (For Doing Exactly What Government Led Them to Do), with links to further information about the Outer Continental Shelf Deepwater Royalty Relief Act (DWRRA), and its origin and purpose.  Congress passed DWRRA in 1995 to give Big Oil an economic incentive to drill in deep water.


John Johnston (D-Louisiana) sponsored S.158: Outer Continental Shelf Deep Water Royalty Relief Act in 1995. That bill was not voted on, but its text was incorporated into S. 395: Alaska Power Administration Asset Sale and Termination Act as Title III of that act. It was signed into law by President William Jefferson Clinton (D-Arkansas) on November 28, 1995 and became P.L. 104-58. Seventy-five percent of the Senate voted Yea. Eighty-four percent of the House of Representatives voted Yea on a resolution in support of the legislation. Looking at the vote counts, notwithstanding the stated glitch, I’d say that Democratic incohesion on the bills was slightly less soul-crushing than the Republicans’ near unanimity in favor of the bills.  Read the rest of this entry »


Links for June 14, 2010: Christopher Hitchens on disagreeing with the Left, Study alleges progressives are poor at basic economics, others….

June 13, 2010
  1. I would never make a political disagreement the cause of a quarrel with a friend. I think it’s silly to do that. But there is a tendency on the left—and I bet there are people here who know what I’m talking about—to think that if someone in any way disagrees with the left, it must be for the lowest possible reason, and that if you’ve found the lowest possible motive, you’ve found the right one. There’s this whole culture of: no one would leave us or quarrel with us if they weren’t a sellout. It’s actually a very sick mentality, and very widespread, and people who think like that or feel like that can dump me if they want, but that’s almost to as much as to say that they weren’t much of a friend.

    Yes, I know what he’s talking about. Speaking of sell-outs, Christopher Hitchens will be speaking to a sold-out crowd tomorrow, June 15, at the Free Library of Philadelphia.

  2. This study purports to find that self-identified progressives and liberals are less “economically enlightened” as compared to conservatives and Libertarians. I believe the result is essentially correct because every day I read articles from progressives who advocate feel-good policy proposals without examining economic consequences or responding adequately to economic concerns. I regularly comment on this very phenomenon here on this blog. Unfortunately, this study is so biased and flawed that it will not convince anybody.  The condescending title of this article alone will rightfully repel the very people who should receive the message most.  See a rebuttal here and a forum discussion here. Read the rest of this entry »


Links for June 7, 2010: The Greecing of America, A Libertarian Answer to Oil Spills, Ayn Rand as a “Gateway Drug”, others….

June 6, 2010
  1. Debt crisis: Coming soon to a country near you…

  2. Greece PM threatens lawsuit against United States investment banks for their “role” in the Greek government’s uncontrolled spending spree. Whatever. In other news, the threat made Democracy Now! headlines, sans, of course, any reference to Greece’s massive public debt–apparently 113% of GDP. Maybe they already did a show on it??

  3. There has been an uneasy dearth of commentary from my favorite libertarian sources on the BP oil spill. Here is one of the best posts I’ve come across explaining what libertarianism could have done, and can still do, for the Gulf. Read the rest of this entry »


Links for May 24, 2010: The War on Airline Carry-On Fees, Columbia Police Chief Wishes Marijuana Reform Movement Success, Thoughts on Oil, others….

May 23, 2010
  1. The fun part of being a libertarian is that you get to blame the government for all your problems. The hard part, and the part that drives people away from the ideology, is that you have to relinquish your sense of entitlement. No, you are not entitled as a matter of natural right to carry your luggage onto an airplane at no charge. The airlines are providing a service for you, and they have certain terms that you must either accept or reject. Who knows? The baggage charge might reward those who economize by reducing their overall ticket price…..

  2. The chief of police of Columbia, Missouri, where the now-viral video of a marijuana raid was filmed, wishes the marijuana law reform movement success. Read the rest of this entry »