Bailing Out Minority Broadcasters
If you understand the relative superiority of the free market, none of our government's recent business bailouts will find favor with you. Yet,...
Economy
BusinessWeek Could Sell for $1
With plunging advertising revenue across the industry, McGraw-Hill is reportedly putting BusinessWeek up for sale. The company said only that it is exploring...
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Obama’s Car Czar Linked to Bribery Scandal
President Obama’s Auto Task Force Chairman Steven Rattner resigned suddenly earlier this week after reports that the New York Attorney General’s office was...
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The New GM: Image vs. Reality
After a mere 40 days under bankruptcy protection, a “new GM” has emerged amid promises from CEO Fritz Henderson to operate more profitably...
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The New Public-Private (Mostly Public) GM
Weeks before it was supposed to happen, a bankruptcy judge has approved the restructuring of large portions of once-mighty GM and the liquidation...
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Driving Us to Destruction
Item: Writing in the online Newsweek for June 2, Daniel Gross observed: “It’s been a long time since American devotees of Marx …...
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IRS Makes Americans International Pariahs
As the Internal Revenue Service continues its hunt for tax dodgers, Swiss banks are refusing to open accounts for Americans and closing the...
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473,000 Jobs Lost in June
The ADP National Employment Report estimated that the national economy shed some 473,000 jobs in June, which may be enough to bring the...
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Wal-Mart Backs Employer Insurance Mandate
Wal-Mart on June 30 sent a letter to President Barack Obama stating its support for the federal government forcing all employers to provide...
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“Cap and trade” Tax Fight Expected in Senate
"Today's razor-thin vote in the House spells doom in the Senate," Sen. James Inhofe (R-Okla.) predicted to the Associated Press of the American...
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Ford Takes 5.9 Billion Government Loan
Ford Motor Company was supposed to be the only major U.S. automaker not in need of a bailout, but this week Ford accepted...
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Panel Rules Against Chinese Tire Imports
On June 18, the U.S. International Trade Commission ruled 4-2 that China was flooding the U.S. market with low-cost tires. The United Steelworkers...
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Proposed Financial & Insurance Regulations
On June 17, President Barack Obama proposed sweeping changes to federal regulation of financial markets. Bloomberg.com called it “the biggest overhaul of market...
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Chrysler-Fiat Bailout Cost: $870,000 Per Job Saved
Last week’s Chrysler-Fiat alliance cements a total federal commitment of $33.48 billion in federal loans and aid to the Chrysler Corporation, its suppliers,...
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Obama’s Energy Plan
Many factors have enabled the United States to become the wealthiest nation on Earth: limited government, secure property rights, a free-market capitalist economic...
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