Tom Borelli, Ph.D., is the editor of http://FreeEnterpriser.com, a shareholder activist, and a senior fellow at the National Ceter for Public Policy Research.
President Obama and Congressman Henry Waxman have found big business to be a crucial ally in their quest for a national cap-and-trade law to limit carbon emissions.
Unfortunately, the managerial skills that enabled Jamie Dimon to avoid the worst of the subprime mess are completely missing when it comes to energy policy.
The prospect that President-elect Barack Obama may keep the Bush tax cuts until 2011 has some clinging to hope he will postpone his liberal ideas for the economy’s sake. However, there’s little chance of that when it comes to global warming, an issue on which Obama puts his ideology first and the nation’s economic growth second.
Energy companies beware. If the government can take over banks because they failed to execute their primary responsibility to lend money, it could also take over oil and utility companies if they fail to produce reliable and affordable energy.
At a time when the soaring price of energy has public sentiment strongly in support of off-shore oil drilling, corporations have a unique opportunity to drive home the importance of developing domestic natural resources.
The scheming of Immelt and Gore undermines our national interest. For economic and national security reasons Americans desperately need natural resource development in our own backyard.
Perhaps the most important lesson from the debate of the Lieberman-Warner bill is the recognition that CEOs can be as much of a risk to liberty and limited government as any left-wing politician--a development too important to ignore.
For those interested in learning the true story behind one of Spitzer’s high profile cases, I highly recommend the book "King of the Club," written by veteran Wall Street reporter Charles Gasparino.
The Corporate Social Responsibility playbook and participating companies need to be replaced with a coalition of companies that put customers and economic growth ahead of politically correct views of global warming. Unfortunately, most CEOs are afraid to challenge global warming alarmism.