Free Republic

The Reverend Jesse Jackson has told a S.C. audience that the federal bailout has failed to create jobs in America. ...

Energy Policy: New York's governor wants to tap into a shale formation that can supply the entire U.S. with natural gas for 65 years. Will NIMBY environmentalists let him stimulate New York's and America's energy economy?Last week, David Patterson released a draft report of his Energy Planning Board that does something Democrats are loath to do: It proposes developing a domestic energy resource — the huge amounts of natural gas trapped in the Marcellus Shale formation. New York produces 5% of its natural gas in-state and imports more than 95% from the Gulf Coast and Canada. The Marcellus Shale stretches...

President-elect Barack Obama is dreaming in technicolour in thinking former federal Reserve chairman Paul Volcker can pull the U.S. economy out of recession. Mainstream media comment was all but non-existent when Obama appointed big-name Volcker to his economic recovery team. The last time Volcker was appointed to a high profile investigation into economic malaise, he blew it. Handpicked by then UN secretary general Kofi Annan to clean up UN corruption, Volcker, gave a free ride to the robber barons who had lined their pockets in what has been called the biggest scandal in world history.  Promising an “independent inquiry”, and...