More Bailouts, Protectionism or Both?
The government handed out billions of dollars in taxpayer money for General Motors and Chrysler to save jobs and become economically viable as fast as… Read More
The government handed out billions of dollars in taxpayer money for General Motors and Chrysler to save jobs and become economically viable as fast as… Read More
Kiplinger has a post up today discussing the most recent attempt to paint an amnesty as an economic stimulus. This time the focus is on… Read More
Harvard University professor Niall Ferguson writes in the New York Times: Human beings are as good at devising ex post facto explanations for big disasters… Read More
Ever since the results of the government’s stress tests were released, banks across the country have been rushing to escape from their TARP traps. Now… Read More
This video highlights a danger in the Employee Free Choice Act (EFCA) that could be worse then taking away the secret ballot. EFCA gives government… Read More
The recession is hitting hard in Britain. Unemployment has hit a 13 year high, at 2.2 million, and the last quarter saw the biggest rise… Read More
For some time now, it’s been clear that Organized Labor—and the SEIU in particular—is adamantly opposed to allowing its members to have any say over… Read More
The Heritage Foundation’s 2009 Federal Revenue and Spending Book of Charts is now available online. Please do keep it bookmarked for those times you need… Read More
This morning we warned you about the The Public-Sector Union Threat to Economic Recovery. Reason.tv’s Nick Gillespie has a new video out showing how even… Read More
“Overseas investments,” writes Steven Malanga, “rarely cost jobs in a corporation’s home country,” but instead bring substantial benefits for the home country. President Obama has… Read More
For months now, the Treasury Department has been grappling with the consequences of “Too Big to Fail” — the idea that some enterprises are too… Read More
No. Heritage fellow David John explains: Is the Important Year to Consider 2037, 2016, or 2009? The year when Social Security begins to spend more… Read More
“I don’t want to run auto companies.” – President Barack Obama, April 29, 2009. “Obama Halves Chrysler’s Planned Marketing Budget” – Advertising Age, May 11,… Read More
So, would President Obama’s budget plan really increase deficit spending much more than other modern presidents? Well, yeah, to the tune of seven times more,… Read More
The Institute for Economic Affairs, the prestigious British think-tank, has released a comprehensive, two hundred page long, study of the causes of the financial crash…. Read More
Last week the Department of Labor released an employment report showing that U.S. employers shed 611,000 private sector jobs in the first three months of… Read More
The New York Times reports: Hartmarx, known for its Hart Schaffner & Marx and Hickey Freeman suits, and for making President Obama’s inauguration tuxedo and… Read More
The Washington Post editorialized today in favor of a compromise on card-check, including snap elections or mandatory union access to company premises, because – they… Read More
Last year Former South Dakota senator and 1972 Democratic presidential nominee George McGovern came out against the Orwellian named “Employee Free Choice Act” because it… Read More
April 30 was the last day for the planning department of Petaluma, Calif. The city decided to axe the department after it became clear that… Read More
The results aren’t officially out yet, but it looks like 14 of the 19 financial firms subjected to “stress tests” by the Treasury Department passed… Read More
The Obama Administration appears about to walk away from $7.5 billion in taxpayer money used to prop up Chrysler. This little information nugget was buried… Read More
Commenting on the White House’s Chicago-style negotiations with Chrysler’s creditors, The Atlantic‘s Megan McArdle writes: [W]hen did it become the government’s job to intervene in… Read More
Did the White House threaten a Chrysler creditor who refused to sign on to the rescue plan brokered by the government? That’s the charge levelled… Read More
President Obama was clearly miffed yesterday. His plan for restructuring Chrysler without a bankruptcy had been blocked by the refusal of some of the firm’s… Read More
“I want to disabuse people of this notion that somehow we enjoy, you know, meddling in the private sector.” – President Barack Obama, April 29,… Read More
At the end of last night’s press conference President Barack Obama insisted: But I want to disabuse people of this notion that somehow we enjoy,… Read More
From CNNMoney: “Chrysler LLC will file for Chapter 11 bankruptcy protection in a New York court Thursday senior Obama administration officials said, kicking off what… Read More
Following up on EPA administrator Lisa Jackson’s statement that “what this country needs is a one single national road map that tells automakers who are… Read More
Congratulations. If you are a U.S. taxpayer, you will soon be a part owner of a car company. Under the latest reorganization plan released by… Read More
