Month: April 2006
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Big Oil and the Price at the Pump
[Posted on Huffington Post, April 24] Well, you have to credit them for their doggedness, over at the American Petroleum Institute. They’ve never seen a gas price increase that can’t be explained away. There is this strange fact about the market for gasoline, however: When the price of the key input (oil) goes up, so…
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Good News From USTR
It’s rare for good news to come out of the Office of the U.S. Trade Representative. Yesterday, it happened twice. First, the Bush administration announced that USTR Rob Portman would be leaving to take over as head of the Office of Management and Budget. This announcement was widely interpreted as indicating that the administration was…
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Tax Day and the Corporate Predators
The BBC World Business Report recently aired a slightly revised version of this commentary: In Washington, D.C., like other American cities, a strange ritual occurs on the evening of April 15. As the sun sets and the clock ticks towards midnight, more and more cars converge on Washington’s old central post office. Lines of cars…