Big Business

DURBIN, TESTER, LOBBYISTS, AND THE DODD-FRANK CORRUPTION MACHINE

Published on Washington Examiner (http://washingtonexaminer.com) By Timothy P. Carney Jun 14 2011 – If your goal were to foster more political cronyism, reward lobbyists, entrench incumbents, enrich the politically connected, and get the revolving door spinning faster, you would have a hard time crafting a more useful piece of legislation than the Dodd-Frank financial regulation […]

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AMERICA’S FADING EXCEPTIONALISM – MORT ZUCKERMAN

US NEWS America’s Fading Exceptionalism Only serious leadership on immigration, the national debt, and unemployment will make America great once again By Mortimer B. Zuckerman Posted: June 10, 2011 Our 21st century does not seem to be on course to be described as the “American century,” the title indubitably merited for the 20th century. For

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DRILL BABY DRILL – A GULF OF MEXICO DRILLING REVIVAL – EXXON MOBIL’S NEW FIND

JUNE 10, 2011 A Gulf Drilling Revival Notice how the energy breakthroughs are in oil and natural gas. Exxon Mobil Corp.’s huge new oil discovery in the Gulf of Mexico is good news for domestic energy production, but it’s even better news as a sign that last year’s panic over the BP spill won’t continue

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THE REAL COST OF THE AUTO BAILOUTS

JUNE 6, 2011 The government’s unnecessary disruption of the bankruptcy laws will do long-term damage to the economy. By DAVID SKEEL President Obama’s visit to a Chrysler plant in Toledo, Ohio, on Friday was the culmination of a campaign to portray the auto bailouts as a brilliant success with no unpleasant side effects. “The industry

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CHINESE COMPANIES EMBARK ON SHOPPING SPREE IN EUROPE

JUNE 6, 2011 By JOHN W. MILLER Getty ImagesLi Shufu, chairman of China’s Geely, which bought Volvo cars from Ford, seen at Tiananmen Square in March. EXCERPT FROM THIS ARTICLE: Experts are predicting a surge of overseas takeovers by Chinese companies over the next decade. A five-year plan Beijing approved in March calls for establishing

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BOOK REVIEW – RECKLESS ENDANGERMENT

JUNE 3, 2011 Home Truths To keep itself politically bullet-proof, Fannie Mae paid competing lobbyists to sit on the sidelines. By JAMES FREEMAN Reckless Endangerment By Gretchen Morgenson and Joshua Rosner (Times Books, 331 pages, $30) ‘The American people realize they’ve been robbed. They’re just not sure by whom,” write Gretchen Morgenson and Joshua Rosner

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OBAMA’S NEW SECRETARY OF SUBSIDY

JUNE 2, 2011 Secretary of Subsidy Obama’s Commerce nominee knows all about corporate welfare. President Obama nominated John Bryson to head the Commerce Department on Tuesday, praising the Californian as “a business leader who understands what it takes to innovate, create jobs and to persevere through tough times.” That’s one way of describing someone with

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THE COMING POSTAL BAILOUT

MAY 14, 2011 Congress wants taxpayers to save mail worker pensions. One thing we’ll say about federal bailouts—if you pay attention, you can usually see them coming a mile away. It was true of Fannie Mae and General Motors, and it’s increasingly clear that the next candidate will be the U.S. Postal Service. The odds

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TENNESSEE – BIG BUSINESS CONSPIRES WITH BIG LABOR

MAY 13, 2011 Tennessee’s Chamber Maids Nothing is worse for freedom and opportunity than when big business conspires with big labor. Behold the spectacle in Tennessee, where the Chambers of Commerce in Chattanooga, Knoxville and Nashville have joined with the teachers unions to kill education vouchers. That proposal, which has already passed the state senate,

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BOEING AND THE UNION BERLIN WALL

MAY 13, 2011 Between 2000 and 2008, 4.8 million Americans moved from forced union states to right-to-work states—that’s one person every minute of every day. By ARTHUR B. LAFFER AND STEPHEN MOORE The Obama administration’s National Labor Relations Board filed a complaint last month against Boeing to block production of the company’s 787 Dreamliner at

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