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
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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
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
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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
Crack open any financial textbook and you’ll find the objective of every finance department is to “maximize shareholder wealth.” That is their objective, concern, and responsibility. When individual investors buy into a company, they do so under the assumption that management is looking...
"I think if you get into the way it was written, it's a huge tax and there's no sense calling it anything else. I mean, it is a tax ." So says Warren Buffett , Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President's biggest supporters in the economic...
Posted to
AIP Blog
by
Despina Karras
on
06-28-2009
Filed under:
Filed under: energy, cap and trade, capitalism, free market, stimulus package, government spending, taxes, stimulus, job losses, tax issues, economic crisis, regulation, unemployment, green jobs, cap and tax, consumers, economics, environmentalists