Tag Archives: free market
What to Do About Pre-existing Conditions
Health care and insurance are service-oriented, retail businesses. There is only one way to reduce costs in such a business: intense competition for every customer. The idea that the federal government can reduce costs by negotiating harder or telling businesses what to do is a triumph of hope over centuries of experience. Continue reading
Obama's Leap to Socialism
President Obama showed his hand this week when The New York Times wrote that he is considering converting the stock the government owns in our country’s banks from preferred stock, which it now holds, to common stock.
This seemingly insignificant change is momentous. It means that the federal government will control all of the major banks and financial institutions in the nation. It means socialism. Continue reading
The G-20 Summit: Mistakes and Missed Opportunities
The G-20 Summit in London promised to bring together the heads of the world’s leading nations to address the global financial crisis. Instead, the summit agreed on measures that are by turn weak, vague, and sinister. Continue reading
A Crisis Obama Won't Waste
This economic crisis is too useful for Obama to want it to end. When Rahm Emanuel — and later Hillary Clinton — spoke of never letting a good crisis “go to waste,” many people were shocked. But now Obama seems to embody the corollary: that the crisis should continue until he has thoroughly milked it to reshape American politics, society and the economy Continue reading
Posted in current events
Tagged bailout, economics, european union, federal spending, financial stability board, free market, tarp
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Green Hustler
Meet Van Jones: The 40-year-old professional community activist has rocketed to fame by melding racial grievance and claims of economic injustice with the increasingly faddish orthodoxy of environmentalism. Continue reading
Posted in current events
Tagged economics, environment, free market, global warming, socialism, welfare
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American Pipe Dream
As the U.S. financial crisis broadens and deepens, wiping out the wealth and savings of tens of millions, destroying hopes and dreams, it is hard not to see in all of this history’s verdict upon this generation. Continue reading
Posted in current events
Tagged bailout, economics, federal spending, free market, john adams
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