GLG News by Political Experts (outside Washington DC)

Gaming company with Ohio ties sold at huge premium. Ohio politicians continue to ignore economic realities of gaming. When will economic benefits of gaming outweigh political risks for Ohio politicians?

Governor threatens veto on Ohio Senate passed horse track replay bill. Ohio Speaker abandons hope of passage of horse track replay bill. Skill game cash payouts could be banned under Governor proposal. Ohio lobbyists, legislators, media, and interested parties are in shock as Ohio Governor Strickland...

Right Angle Blog this morning links to an excellent PD article on how Ohio's turnpike is seriously behind the times.  The article discusses how turnpike bureaucrats have resisted implementation of an EZpass system like most states have.  The article just touches the surface of Ohio's seriously...

The recent US-China talks were useful because of the dialogue on health and safety issues but the short-term results were disappointing because there was little movement on the currency exchange-rate issue. The heart of the matter is that China's trade surplus vis a vis the US is too large because its...

A Food and Drug Administration panel voted overwhelmingly not to approve the Merck painkiller Arcoxia last week. This is bad news for consumers for many reasons. If the FDA and future panels follow the lead of the Arcoxia panel, one drug of its type will be all we get.

 Whitman is right that CO2 must be regulated; but there are problems because CO2 is a basic product of combustion, whereas SO2 (her example) is a result of contamination. We can't get rid of CO2 with clean fuel; we have to develop sources of energy that do not involve combustion.The cap and trade...

Regrettably, TXU's misconduct is so widespread that a $210 million fine is fairly moderate. As bad as the fine is, TXU's bigger problem is its tone deaf (some would say arrogant) treatment of customers, civic leaders and state officials. The Dallas Morning News is the most conservative, business oriented...

Elected officials rarely get fired. If things go wrong for consumers in the TXU buyout, leaders will be fired. There have been harsh political allegations about the Genco deal, and the TXU transaction involves the same buyers. Suspicion is running high.  

The KKR deal is caught in the current of events that have developed over the past 6 years.  It is a political necessity for Texas officials to "be tough" on the electric industry. 

  Following the Lead of Venezuela, Bolivia will take majority control of ENTEL. As with previous nationalizations in Bolivia, Telecom Italia will be compensated.