Monthly Archives: May 2016

Luckiest Generation In U.S. History?

In his annual letter to the shareholders of Berkshire Hathaway, Warren Buffett—the world’s third richest person—remarked on the state of the U.S. economy and current political fracas by writing: It’s an election year, and candidates can’t stop speaking about our … Continue reading

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The Virginia Attorney General Joins in Scam Threatening Free Speech

The Racketeer Influenced and Corrupt Organizations (RICO) Act is a federal law enacted in the early 1970’s that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. The law was targeted at “Racketeering” activity, which includes things like murder, extortion, robbery, drug dealing or trafficking, money laundering, embezzlement, and bribery. Its purpose is to ensure that both the murderer and the boss that ordered the murder are both punished. All that is required is a “predicate crime” such as murder, and a conspiracy to conduct the crime.
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George Mason’s Battle over Scalia’s Name and Legacy

There are only a few prestigious outposts of free-market thought in the world of higher education. The Hoover Institution at Stanford comes to mind, as does the University of Chicago School of Economics. Then there are two gems at George Mason University — the Mercatus Center and the George Mason School of Law. Continue reading

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Many Don’t See the Recession as Over

Has the recession ended?
That’s a question I get asked frequently from audience members before or after I start a presentation about the economy.
But in the past month, I decided to ask that question to audience members.
About 5 percent of an audience of business people and educators in the Fredericksburg area thought we were still in recession. Continue reading

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Des Moines Water Works’ Law Suit Could Impact VA Farmers

The Des Moines Water Works (DMWW) filed its latest legal response on Friday, May ,5 claiming Iowa Drainage Districts do not have an agricultural stormwater runoff exemption for water discharged from drainage tiles. The Clean Water Act (CWA), however, is specific and makes it clear runoff water from agricultural fields is not a point source under the CWA and requires no federal NPDES permit. Continue reading

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