A California county recently banned fast-food restaurants from including toys in their kids' meals. The goal of this new ban is to reduce rampant obesity in today's youth by breaking "the link between unhealthy food and prizes." On the face of it, the effects of
The recent financial crisis has commonly been blamed on capitalism. Ruthless greed for profits, many say, led the financiers on Wall Street to carry out careless business practices that fattened their pockets but harmed those of us on Main Street. But is capitalism really that-
Selfishness requires consideration for the long-range consequences of one’s actions.
Over the past year, we have seen many highly-publicized instances of people being caught acting dishonestly. Investor Bernie Madoff was caught running a Ponzi scheme that defrauded investors of billions. Golfer Tiger Woods admitted to engaging
In a recent op-ed in the Wall Street Journal, Massachusetts Governor Deval Patrick praises his state’s health care program as the right model for the entire nation to adopt. In 2006, Massachusetts passed a health care reform law that required all of its citizens to
When stripped of rationalizations, file sharing is clearly an act of theft. When Boston University grad student Joel Tenenbaum was recently charged for illegally downloading and distributing thirty songs, he did not express remorse. Instead, he likened the situation to underage drinking, saying, “I don’t
President Obama and those who espouse his proposals for health care reform often present seemingly compelling arguments for why the government should dig its fangs deeper into medicine. They argue that the quality of care in America is far below that of Canada and Britain,
Across the country, people have been vehemently protesting Obama’s proposal for health care reform. Thousands have gathered at town hall meetings to show their representatives that they oppose Congress’s plan to completely overhaul healthcare in America. Representatives in favor of the current proposals insist that the
Recently President Obama signed into effect a historic piece of legislation that greatly affects the tobacco industry and its customers. The bill, which President Obama eagerly signed, finally subjugates the tobacco industry to the dictates of the FDA.
The FDA now has the authority to regulate
At a time when many companies are struggling to stay profitable, the world’s largest computer processor manufacturer recorded a net profit of $1 billion in its second quarter. Despite this impressive feat, however, the corporation reported a quarterly loss of $398 million, the first loss
Bank of America CEO Ken Lewis has sparked controversy in his recent testimony to regulators. Lewis has revealed that he was threatened, by then-Treasury Secretary Hank Paulson and Chairman of the Fed Ben Bernanke, to buy Merrill Lynch, a company drowning in financial losses of