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Category: Economy

BUSINESS LOAN TERMS

If you go to your bank to float a business loan, the bank will fully investigate your credit history and your plans to repay the money. If you…

THE SOVIET GAS DEAL

Natural gas is the cheapest and cleanest of our energy sources. Although gas is in short supply on our East and West coasts, our Government’s policies toward solving…

STEALING OUR FISH

With food becoming more expensive and sometimes even in short supply, many of us would like to get more of our protein from fish. Our tremendously long coastline…

Federal Spending For Education

One of the evidences that our society has become more materialistic than idealistic is the general presumption that all problems can be solved by spending more money. Nowhere…

SOLVING THE OIL CRISIS

History is full of examples of how government controls of various kinds create shortages of economic goods. There simply is no way that a government bureaucracy can run…

BLAME FOR GASOLINE SHORTAGE

Who is to “blame for the gasoline and fuel oil shortage? The Middle East War? The environmentalists who blocked the Alaska pipeline and California offshore drillings? The politicians…

INGENUITY AND TAXES

The recent news story about the Michigan man who makes his own gasoline in his back yard is a good reminder that Americans are a most ingenious people.…

GASOLINE PRICE CONTROL

Last Sunday, as my family was enjoying pot roast and discussing the energy crisis, my youngest son suddenly piped up and said, “Say, Mom, whatever happened to the…

DETENTE/SOYBEANS

At the recent AFL-CIO Convention in Miami, George Meany told his laughing audience that “detente is a French word which, in case you didn’t know, means relaxation.” It…

GASOLINE RATIONING

Interior Secretary Rogers Morton recently announced that the odds are 50-50 that the United States will have gasoline rationing by the first of the year. President Nixon said…