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bailout

Stimulus Doesn’t Stimulate, It Redistributes

As the American Recovery and Reinvestment Act continues to pour massive amounts of stimulus money into the economy, some European…

Capitalism In Crisis?

Capitalism is in crisis, claims Richard Posner on the pages of the Wall Street Journal today. This crisis happened, he…

A Hero Speaks Up for Hedge Funds

In the past months, Washington has used its pull over and over to force businessmen to buy into its programs.…

Thug Rule in Washington

Bank of America CEO Ken Lewis has sparked controversy in his recent testimony to regulators. Lewis has revealed that he…

Broken Windows, Broken Principles

In spending its way to economic recovery, the government boldly casts principles aside Many Americans have experienced the adverse consequences…

AIG Executives and Mob Rule

The recent bonuses paid to executives in the financial division of AIG have created a firestorm. In response to the…

AIG Witch Hunt

The continuing AIG controversy is a textbook example of blaming the market for the sins of government. Rather than allowing…

Stimulus Checks vs. Our Rights

President Obama has declared that "There is no disagreement that we need action by our government, a recovery plan that…

No Bonuses = No Contract Law

Over the last few days Washington has been denouncing AIG for paying out retention bonuses to employees in its financial-products…

By Government Fiat Alone

Ailing automaker Chrysler LLC has entered into an agreement with Italian carmaker Fiat SpA. The deal would involve an exchange…