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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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
CHINESE COMPANIES EMBARK ON SHOPPING SPREE IN EUROPE Read More »
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
BOOK REVIEW – RECKLESS ENDANGERMENT Read More »
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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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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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,
TENNESSEE – BIG BUSINESS CONSPIRES WITH BIG LABOR Read More »
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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MAY 11, 2011 Shrinking Oil Supplies Put Alaskan Pipeline at Risk By RUSSELL GOLD As less oil runs through the Alaska Pipeline, the crude it carries is cooling. This is raising the risk of ice formation and waxy buildup. WSJ’s Russell Gold reports from Alaska. FAIRBANKS, Alaska—When the famed Trans Alaska Pipeline carried two million
ALASKA PIPELINE IS AT RISK Read More »
May 02, 2011 By Randall Hoven Everyone wants to end subsidies to oil companies, from President Obama to John Boehner and Paul Ryan. My question was “What subsidies?” Remarkably enough, CNN Money provided the answer. It turns out that they are all tax “breaks.” I even hesitate to call them “breaks” because some of them
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By Chris Moody – The Daily Caller 04/28/2011 Liberal financier George Soros may fund groups that attack fellow billionaires Charles and David Koch for their donations to conservative political groups, but ask him what he thinks of the Koch brothers, and the Hungarian-American businessman plays nice. Koch industries (pronounced “coke”) is an energy conglomerate that
GEORGE SOROS ON KOCH BROTHERS: ‘WE USED TO BE FRIENDS’ Read More »
