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This week, the House passed a bill that imposes further regulations on financial firms - on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is "aimed at preventing financial firms from adopting compensation systems...
Posted to
AIP Blog
by
Despina Karras
on
08-02-2009
Filed under:
Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
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Warren Buffett, the world's richest man and a vocal supporter of Barack Obama , thinks the pending cap and trade legislation would further stunt economic growth. BECKY : You said you didn't like cap and trade especially in this economy though, because it puts a tax on people. BUFFETT : I think...
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There are two important developments in the Massachusetts healthcare experiment, the ambitious reform effort undertaken by former Governor Mitt Romney. First, the Massachusetts Taxpayers Foundation in a new report finds that the cost of health care reform is "relatively modest" and that criticisms...
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The Texas legislative session just ended (it convenes only once every 2 years) and the lists of accomplishments are being collected and compiled. In 2008, Texas created more jobs than the other 49 states combined. In fact, over 50% of the jobs created in 2008 were created in the state of Texas. Texas...
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As the debt in our country escalates and government inserts itself into more businesses and industries, businessmen are not going gently into the night. Politico reports : As the Obama administration encroaches deeper into the private sector and Congress contemplates more regulations, the U.S. Chamber...
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Although there have been several signs of economic growth in this country in recent months, those signs are often being overwhelmed by negative economic news. For instance, an article at CNN.com details a new report that states that thirteen cities were suffering from unemployment of over 15% in April...
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Last week it was revealed tha t $120,000 in federal stimulus money, originally intended to help clean up Ononadaga Lake in Central New York and rebuild local infrastructure, would actually be used to pay for the printing of a pamphlet about the lake cleanup -- and the pamphlet wasn't going to be...
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Despite the President's assurances that he does not want to be in the car business and that "we cannot make the survival of our auto industry dependent on an unending flow of taxpayer dollars" , in just a few hours, you, the taxpayers of America, will own General Motors. Tomorrow, GM will...
Posted to
AIP Blog
by
Despina Karras
on
05-31-2009
Filed under:
Filed under: economy, capitalism, government spending, automobile, Chrysler, car company, detroit, UAW, auto industry, economic crisis, taxpayers, corruption, bailout, business
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In recent days, there have been some signs that the economy may be starting to turning around and some people may be tempted to believe that the stimulus bill signed earlier this year may be responsible for the positive economic news. However, many conservatives have argued against this point (including...
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This just in from Politico : People who like the tax-free status of their company health benefits could be asked to ante up. Money in the pot: more than $700 billion over 10 years. Treasure the tax benefits from your health savings account? Some experts say the accounts encourage “excess consumption”...
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Former Bush administration Press Secretary Scott Mcclellan wrote a book that was deeply lauded in liberal circles for calling out the President on many issues that no one in the tightly controlled Bush "inner circle" had thus far not challenged. In What Happened, Mcclellan claims that, among...
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A new Gallup poll noted that although a clear majority of respondents (69%) still call the economy “the most important problem facing the United States today,” that number has decreased from last month. The article about the poll stated that “About two-thirds of Americans, down from...
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A line has been drawn in the sand, in the on going battle between communications giant, AT&T and the CWA, Communications Workers of America . Today AT&T issued a press release which stated that AT&T has made it's "last, best and final offer" to the CWA, District 6. What is unclear...
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When the stimulus bill was being crafted, many Conservatives said that a proposed bill should be "timely, targeted, and temporary." Instead, we had a bill passed that was not an emergency economic rescue as some have claimed, that was not only targeted towards the people that need help, and...
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It’s A Stimulus Stupid! Part Two! Last week when I left all you wonderful viewers we were talking about the alternative minimum tax increase found in the American Recover and Reinvestment Act of 2009. Now it is our duty to move on and uncover more of the nonsense that was passed off as “stimulating...
Posted to
AIP Blog
by
AIP Admin
on
05-12-2009
Filed under:
Filed under: senate, congress, wasteful spending, economy, budget, treasury, pork, stimulus package, government spending, taxes, stimulus, economic recovery, economic crisis, spending, education, taxpayers