Random stuff I find interesting and you may not.
The Trump administration has issued a 60-day waiver of a federal law that limits the number of ships allowed to carry goods between American ports. The move, White House press secretary Karoline Leavitt wrote in a post on Twitter, is meant to “mitigate the short-term disruptions to the oil market” caused by the ongoing war … Read more
Some corporate welfare programs have clever excuses. The ethanol mandate and other green energy subsidies are supposedly good for the planet. The Export-Import Bank supposedly counters foreign subsidies. TARP was supposedly necessary to save the entire U.S. economy. But the Jones Act doesn’t really have a very good excuse. Its defenders admit that it exists … Read more
In a saner world, sending frozen fish from Alaska to the East Coast would be a relatively simple undertaking. Fish or other types of seafood would be placed onto ships in Alaska and dispatched to the other side of the country for unloading and eventual transport to consumers. But domestic water transportation is subject to … Read more