Government Over-Regulation Is Handing China The Energy Future

Daily Caller President Donald Trump’s planned executive order to bolster U.S. shipbuilding acknowledges a hard truth: China is winning the global economic battle, at least in the maritime sector.  The U.S. defeated Japan in the Pacific theater of World War Two in large part because we could pump out new ships faster than the Japanese could sink them. America even flaunted its superior industrial base by launching vessels that served no purpose beyond boosting morale — most famously a floating ice cream factory.  Today, however, our primary global adversary, China, has 200 times the shipbuilding capacity of the United States, giving Beijing a significant advantage in any naval war of attrition.  While the fact sheet accompanying Trump’s E.O. accurately notes that China achieved its “position of dominance in the global market through unfair non-market practices,” this isn’t a simple case of socialism versus capitalism. Unfair or not, it is a very real and serious problem we must acknowledge and confront. Ironically, American companies have a much harder time building anything than their counterparts in communist China. Not only do American shipyards face much stricter environmental reviews than many foreign competitors, but they also face the one-two punch of expansive regulations and organized labor.  Instead of addressing workplace health and safety concerns through our legal tort system or through collective bargaining with workers, shipbuilding companies (and manufacturers of all stripes) are forced to spend billions — and years — complying with invasive government rules. These in turn create an elevated “floor” that serves as the new starting point for each future labor negotiation. Neither side in this geo-political contest is abiding by free-market principles. The difference is that while...

The Climate Control Movement In Europe Is Alive and Still Kicking

Daily Caller In his first few weeks in office, President Donald Trump has been busy bolstering the causes of energy choice and freedom for citizens of the United States. One of his first official acts was to pull us out of the Paris Climate Accord, the one-sided agreement that had imposed harsh and unfair restrictions on the United States.  Trump created a new National Energy Council led by Interior Secretary Doug Burgum, charged with streamlining energy permitting, expanding gas and oil exploration, and establishing American global “energy dominance.” Then, to round off his first day as our 47th President, he signed an executive order aimed at eliminating Biden’s “electric vehicle mandate” — shorthand for a series of subsidies and regulations aimed at artificially boosting demand for EVs.  Some of these measures, such as rolling back the EV tax credit, will at some point require congressional action. Moreover, even with Republicans controlling both houses of Congress, those who disagree with energy choice and Trump’s energy freedom movements still have plenty of options at their disposal to push their “green” agenda forward.   One side-door tactic would be to use “blue state” legislatures to advance policies that would stand little if any chance of passing congressional muster. Vermont and New York already have passed “climate superfund” legislation, and similar bills are pending in other states.  Putting a price tag on a particular company’s contribution to the damage supposedly caused by climate change is a murky endeavor at best, and fraudulent at worst. As climate policy analyst Paul Driessen notes, climate activists are all too happy to “blame fossil fuels for heat waves, cold spells, hurricanes, wildfires (including those caused by arsonists, electric...

Stop The Luigi Mangione Madness

Daily Caller It needs to be said loud and clear: murder is not a “policy choice.” Grotesquely, however, socialized medicine advocates are taking advantage of the December 4th slaying in New York City of UnitedHealthcare CEO Brian Thompson to press their policy agenda.  A Generation Lab poll released last week found that 50% of college students — a demographic largely conditioned by social media — viewed accused killer Luigi Mangione either “extremely” or “somewhat” favorably. Only 19% thought the same of Thompson.  In the background of such disinformation are such books as “Deadly Spin: An Insurance Company Insider Speaks Out on How Corporate PR Is Killing Health Care and Deceiving Americans,” by Wendell Potter, Cigna’s former Vice President of Corporate Communications. In 2024, Cigna was the sixth-largest health insurance company in America, with $195 billion in revenue. Among other things, the book instructed health executives how to survive an “ambush” interview by leftwing documentary propagandist Michael Moore, whose 2007 film “Sicko” praised Fidel Castro’s communist medical system, and itself became a major impetus for the 2010 passage of the increasingly troubled Obamacare system. As Peter Suderman wrote last month in Reason Magazine, Obamacare’s high costs to participants hit hard because “it required coverage of a slew of federally mandated essential health benefits, regardless of whether those benefits were needed or wanted.”  Then, a spendthrift Congress (one of many) uncapped benefit subsidies in 2021 with the “American Rescue Plan Act” during the COVID-19 pandemic, and again in 2022 with the “Inflation Reduction Act.” Those actions allowed “households making up to $350,000 a year in some cases, to obtain subsidized coverage, at a cost of about $30 billion to $40 billion annually.”...

Donald Trump and Elon Musk – A Marriage Not Of Convenience, But Of Sound Public Policy

Daily Caller Writer Greg Steinmetz titled his 2015 book chronicling the life of Sixteenth Century German financier Jacob Fugger, “The Richest Man Who Ever Lived.” Whether a biography centuries from now will describe Elon Musk in similarly grandiose terms, as his contemporaries we will never know. Suffice to say, however, that this richest of men in this first quarter of the 21st Century will have left his mark as one of the era’s most influential individuals. Elon Musk actually shares much in common with Jacob Fugger, notwithstanding their very different geopolitical worlds. Both Fugger and Musk are risk-takers. Both are bold and self-assured. As noted by Fugger’s biographer, the German money lender was bold to the point of being imperious.  Even more to the point perhaps, while Fugger is described by Steinmetz as one of the true architects of modern capitalism, Musk is one its most apt students, having parlayed a sound upbringing in South Africa into a business empire the components of which touch virtually every sector of government and business around the world (and beyond); including most notably the social media giant X (formerly Twitter), Tesla as the world’s preeminent proponent of electric-powered vehicles, and SpaceX which is leading the long-overdue revitalization of America’s space effort.  Fugger in his time was despised by components of what we would today accurately describe as The Establishment, especially the then-massively powerful Roman Catholic Church. In fact, Fugger’s exercise of his financial prowess and power brought the Pope to his knees and forced the Church to reverse centuries of dogma and permit what had previously been officially taboo – charging interest for loans.  In...

Bye, Bye Biden Lawfare

Daily Caller With President-elect Donald Trump’s recent nomination of Pam Bondi to serve as attorney general, and his naming of Gail Slater to head the Antitrust Division at the Department of Justice, the groundwork has been laid to begin unshackling America’s marketplace, which has for decades been hampered by unnecessary regulations and — during the Biden Administration — subjected to out-and-out lawfare by the very Department of Justice supposed to protect the marketplace from anti-competitive forces. The question now is, how quickly can these abusive, economic lawfare practices be struck from the Department’s agenda and an originalist interpretation of the nation’s antitrust laws restored? The mission of the U.S. Department of Justice (DOJ) is to uphold federal law. The Department, however, cannot and has never carried out this mission in a vacuum. As a component of the executive branch of the federal government, it operates necessarily — and appropriately — according to the underlying policy preferences of the elected president. It bears reminding that Democrats lost the presidential election in November. Whether the losers like it or not, President-elect Trump has every right to choose individuals to occupy top positions at the Justice Department who will respect and implement the policies that clearly and openly were at the foundation of his Nov. 5 electoral victory. Moreover, Trump is fully empowered to populate the top echelons of the Department with men and women who – unlike his soon-to-be predecessor – actually respect the rule of law and who will not employ the powers of the Justice Department to undermine legal norms and the institutions our Founders so carefully crafted. For...

Thanks To Trump, The Deep State Is In Deep Trouble

Daily Caller As with any national election, there are winners and losers. There are celebrations and there are postmortems. There is recrimination and there are congratulations. After their shellacking at the polls Nov. 5, Democrats unsurprisingly are pointing fingers, casting blame and channeling their anger; some already scheming for 2026 and 2028. Meanwhile, the one person most responsible for what still is unfolding as a historically significant election is doing exactly what he should be doing. Donald J. Trump is laying the groundwork to begin dismantling a federal government that has been allowed to grow into a morbidly obese and regulatory oppressive behemoth under successive Democrat and Republican administrations. Not since Ronald Reagan took on Uncle Sam in his first term has the left faced such a serious threat. What makes this go ‘round far different from Reagan’s 1980 drubbing of Jimmy Carter is the magnitude and multitude of attacks leveled at Trump before the election – a barrage no presidential candidate before him had endured. Sure, Reagan was attacked by the Democrat Party throughout the 1980 campaign, even as he had to fight off efforts by the GOP establishment that never really warmed to his anti-Washington rhetoric. But the campaign against Trump, which began even before Joe Biden was sworn into office Jan. 20, 2021, is something our country never previously had witnessed.  To the horror and dismay of Democrats and many moderate Republicans, and against all odds, Trump still prevailed. Also unlike Reagan’s 1980 win (with his coattails ushering in a GOP majority in the Senate) — after which politics settled down into a “normal” transition — Trump’s opponents largely have...