Business & Economics

Business & Economics

Learn more about LNG exports

The High Costs Of Obstructing LNG Exports

Thanks to plentiful natural gas, consumers have access to affordable and reliable electricity, an often preferred heating/cooking fuel, and an energy source that has helped reduce U.S. greenhouse gas emissions. Greater use of natural gas is also consistent with the strong preference of “American voters across demographics and partisanship” for “an ‘all of ...
Blog

Read about California's latest move against Elon Musk

SpaceX Delaunched In California

The California Coastal Commission voted 6-4 last week to oppose Musk’s plans to launch as many as 50 SpaceX rockets a year from Vandenberg Air Force Base in Santa Barbara County. Musk’s response was to take the agency to court, which he did Tuesday, claiming in a lawsuit that it ...
Blog

Rise Of The Machines

Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
Blog

The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?

READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
Blog

Learn how government is trying to stop another merger

Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?

Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
Blog

California and the SEC face legal challenges to their climate-related disclosure requirements

These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Blog

Spending Watch

The Governor’s Special Session Will Worsen Gasoline Affordability

The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
California

Learn about the problems with LA's Measure ULA

Yet another example of a tax that didn’t live up to its promises

Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
Blog

The Gordon Chang Report–China: Mastermind of Middle East Turmoil

READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
Business & Economics

NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities

SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
Business & Economics

Learn more about LNG exports

The High Costs Of Obstructing LNG Exports

Thanks to plentiful natural gas, consumers have access to affordable and reliable electricity, an often preferred heating/cooking fuel, and an energy source that has helped reduce U.S. greenhouse gas emissions. Greater use of natural gas is also consistent with the strong preference of “American voters across demographics and partisanship” for “an ‘all of ...
Blog

Read about California's latest move against Elon Musk

SpaceX Delaunched In California

The California Coastal Commission voted 6-4 last week to oppose Musk’s plans to launch as many as 50 SpaceX rockets a year from Vandenberg Air Force Base in Santa Barbara County. Musk’s response was to take the agency to court, which he did Tuesday, claiming in a lawsuit that it ...
Blog

Rise Of The Machines

Some years ago, in 2018, when the minimum wage in California was $11 an hour for companies with 26 or more employees, a Pasadena burger joint hired a machine named Flippy to turn patties on the grill. “The world’s first autonomous kitchen assistant,” an “upgrade on a human line cook,” ...
Blog

The Gordon Chang Report–Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression?

READ THE PDF Will China’s ‘Doom Loop’ Economy Trigger the Next Great Depression? “We have faced the worst pandemic since the 1920s, the worst conflict in Europe since the 1940s, and the worst energy shock since the 1970s,” Christine Lagarde said last month to the IMF in Washington. “Two specific ...
Blog

Learn how government is trying to stop another merger

Why is ‘The People’s Attorney’ Suing to Block a Private Transaction That Will Benefit Shoppers?

Yet busybodies from Washington to Sacramento want to block Kroger’s plan to buy the Albertsons chain for $24.6 billion. They’re so hostile to the proposal that Kroger is even on trial: The Federal Trade Commission, California Attorney General Rob Bonta, seven other state attorneys general and the District of Columbia ...
Blog

California and the SEC face legal challenges to their climate-related disclosure requirements

These requirements are not only financially burdensome but have been challenged on legal and Constitutional grounds. In January, the California Chamber of Commerce sued the California Air and Resource Board (CARB), seeking an injunction against the implementation of SB 253 and SB 261. In their complaint, they argued that California ...
Blog

Spending Watch

The Governor’s Special Session Will Worsen Gasoline Affordability

The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
California

Learn about the problems with LA's Measure ULA

Yet another example of a tax that didn’t live up to its promises

Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued at more than $5 million. The rate jumped to 5.5% on sales above $10 million. The thresholds increased to $5.15 million and $10.3 million on ...
Blog

The Gordon Chang Report–China: Mastermind of Middle East Turmoil

READ THE PDF On July 23, 14 Palestinian factions, including arch rivals Hamas and Fatah, signed the Beijing Declaration, a unity pact, in the Chinese capital. China’s Global Times, the Communist Party’s semi-official tabloid, termed the deal an “epoch-making event.” In July, Xi Jinping appeared to be driving events in ...
Business & Economics

NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities

SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS ...
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