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: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
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: 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
This week will mark four months since President Obama signed the stimulus bill into law. Four months later, unemployment has reached a 26 year-high, and only $44 billion of 'stimulus' money has been spent . Ironically, a recent Rasmussen poll shows that four months after passing the largest spending...
Posted to
AIP Blog
by
Despina Karras
on 06-14-2009
Filed under: wasteful spending, capitalism, stimulus, job losses, tax issues, spending, government, deficit, billions
This week, the wacky government of Venezuela banned Coke Zero from being sold in the country. Citing harmful ingredients , it claimed to be protecting the health of its citizens, while the government purports to conduct an investigation into potentially dangerous ingredients in the soft drink. In reality...
Posted to
AIP Blog
by
Despina Karras
on 06-12-2009
Filed under: capitalism, free market, business concerns, health care, universal health care, socialized health care, public healthcare, government, insurance