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
It has now been 190 days since the stimulus bill was passed. Back in February, President Obama spoke before Congress and stated , "the recovery plan and the financial stability plan are the immediate steps we're taking to revive our economy in the short-term ." Today, Vice President Biden...
Posted to
AIP Blog
by
Despina Karras
on
07-26-2009
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Filed under: stimulus package, deficits, universal health care, public healthcare, economic crisis, government, Freedom, government option, federal government, health care benefits, health care reform, health care debate
Unlike our President and many of our representatives in Congress, I've tried to read the 1000+ page health care bill a few times this week. As a lawyer, I'm used to dealing with tedious and confusing legal jargon, yet this monolithic bill is still too hard for me to understand. It proposes drastic...
Posted to
AIP Blog
by
Despina Karras
on
07-22-2009
Filed under:
Filed under: free market, stimulus package, stimulus, universal health care, Heritage Foundation, insurance, economics, federal government, health care benefits, health care tax, "the demands of this moment", health care reform, deadlines
President Obama wants to add yet another czar, a Health Choices Commision czar this time, to the growing list of these unelected officials that are handpicked by the President and go through absolutely no confirmation process. A Virginia paper recently asked, " how many czars can fit into the West...
Posted to
AIP Blog
by
Despina Karras
on
07-07-2009
Filed under:
Filed under: health care, universal health care, socialized health care, public healthcare, regulation, government, Heritage Foundation, transparency, Freedom, insurance, government option, federal government, Obama promises, czar, state rights
Yesterday, in his weekly address, President Obama called on Americans to "summon the same spirit that inhabited Independence Hall two hundred and thirty-three years ago". This is one time when I can get behind President Obama's sentiments - although he may not like my reasons for it. What...
Posted to
AIP Blog
by
Despina Karras
on
07-05-2009
Filed under:
Filed under: wasteful spending, cap and trade, capitalism, stimulus package, government spending, universal health care, socialized health care, public healthcare, economic crisis, government, cap and tax, government option, federal government, founding fathers
According to a recent Wall Street Journal (WSJ) article on unemployment , "The unemployment rate rose in all but two states last month, and in eight states it reached the highest level in the 34 years on record." The article later noted that several states are willing to raise their taxes in...