- No events.
The Senate passed legislation Thursday approving the Keystone oil pipeline 62-36. Nine Democrats joined Republicans in supporting the legislation. That didn’t stop President Obama from AGAIN promising to kill this popular bi-partisan legislation with a veto. But this renewed veto threat wasn’t the only attack against North American energy by the President this week. He also announced that he will use his executive authority to make 12 million acres of Alaska’s Arctic National Wildlife Refuge off limits to drilling. This action will change a 1980 deal in which Congress specifically set these acres aside for future oil and natural gas exploration.
The problem here is that the Trans Atlantic Pipeline needs new sources of oil if it is going to continue to operate. It’s dangerously close to shutting down. And if it’s shut down, Federal law requires that it be dismantled. Obama’s decision appears to be a deliberate assault on the pipeline and according to the Wall Street Journal, part of a strategy to ensure that it shuts down. This would be a huge blow to Alaska and the American Economy.
This weekend, Glen talks about the economy, Islamic terrorism, and how the left-wing agenda is hurting America. Glen talks with Dr. Mark Hendrickson about his new book, Problems with Piketty: The Flaws and Fallacies in “Capital in the Twenty-First Century.” You can win signed copies of Mark’s book by clicking on the “Win Two Conference Tickets” ad above. Glen talks with entrepreneur Larry Erdos (Co-founder of Speedy Furniture) about what it takes to be successful in business and life. Larry offers some entrepreneurial lessons that he has learned over the years. Read more »
By Dr. Mark Hendrickson
Editor’s Note: This article first appeared at Forbes.com.
As Published at The Center for Vision and Values
Dr. Hendrickson will appear with Glen Meakem this coming weekend to talk about his new book, Problems with Piketty: The Flaws and Fallacies in “Capital in the Twenty-First Century.”
French economist Thomas Piketty’s Capital in the Twenty-First Century was the most talked about treatise on political economy in 2014, if not the 21st century. To those of us who understand and respect the superior productivity and fairness of free markets, the errors throughout Piketty’s Capital were so numerous and obvious that the book was easy to dismiss as warmed-over leftism, hardly worthy of being addressed and refuted. The history of economics teaches us, however, that it can be a costly mistake to ignore a popular book however flawed and wrong-headed. Read more »