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
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Despina Karras
on
08-02-2009
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Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
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
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Despina Karras
on
05-31-2009
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Filed under: economy, capitalism, government spending, automobile, Chrysler, car company, detroit, UAW, auto industry, economic crisis, taxpayers, corruption, bailout, business
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...
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...
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AIP Blog
by
AIP Admin
on
05-12-2009
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Filed under: senate, congress, wasteful spending, economy, budget, treasury, pork, stimulus package, government spending, taxes, stimulus, economic recovery, economic crisis, spending, education, taxpayers
Yesterday, President Obama urged Congress to pass credit-card reform legislation by Memorial Day. In his weekly address, he stated , "There is no time for delay...We need a durable and successful flow of credit in our economy, but we can't tolerate profits that depend upon misleading working...