Timothy Carney had an excellent post in yesterday’s DC Examiner regarding the possible bailout of the Big Three automakers. Carney points out that a bailout of the car companies…
Ron Gettelfinger, head of the United Auto Workers, is demanding a bailout for his union. The $25 billion he wants the federal government to give the Big Three automakers…
Ben Stein, like Larry Kudlow, used to be a respectable free market enthusiast as far as we know. Now he’s turned into a frothing-at-the-mouth interventionist. Witness this exchange the faux…
Businesses aren’t being allowed to fail in America today, and the bigger they are, the more help they get from the government. So it’s not much of a surprise that…
Competitive Enterprise Institute’s John Berlau says if it’s true that President-elect Barack Obama intends to nominate New York Fed president Timothy Geithner as his Treasury Secretary, it’s not change…
CNBC estimates that all the federal bailouts total $4.28 trillion so far: “That’s $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our…
Brian Riedl of the Heritage Foundation has an excellent op-ed in today’s Wall Street Journal. It begins: Congressional Democrats are now demanding another economic stimulus package to “inject” as…
Though not outside the realm of possibility this seems inordinately gloomy: analyst Martin Hennecke warns that the U.S. government may lose its AAA bond rating unless it starts reining…
While it won’t be officially announced by president-elect Obama, his first economic stimulus package appears to be on its way. People are lining up in droves to spend exorbitant amounts…