16
Sep
Yesterday, CBS’s Declan McCullagh reported on documents obtained from the Treasury Department under a FOIA request by the Competitive Enterprise Institute. The documents provide an internal overview and analysis of the cap-and-trade scheme. The first memo contains this disclosure.
“In his February 24, 2009 Joint Session address, President Obama called for a greenhouse gas cap-and-trade program, [...]
Tags: business concerns, Cap-and-Trade, taxes
2
Aug
This week, the House passed a bill that imposes further regulations on financial firms – on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is“aimed at preventing financial firms from adopting compensation systems that encourage excessive risk-taking.” Once [...]
Tags: business concerns, capitalism, economic crisis, regulation, Role of Government
28
Jun
“I think if you get into the way it was written, it’s a huge tax and there’s no sense calling it anything else. I mean, it is a tax.”
So says Warren Buffett, Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President’s biggest supporters in the economic realm. No truer words were [...]
Tags: business concerns, Cap-and-Trade, capitalism, taxes
12
Jun
This week, the wacky government of Venezuela banned Coke Zero from being sold in the country. Citing harmful ingredients, it claimed to be protecting the health of its citizens, while the government purports to conduct an investigation into potentially dangerous ingredients in the soft drink.
In reality, the move has nothing to do with the safety [...]
Tags: business concerns, capitalism, Role of Government, Venezuela
31
May
Despite the President’s assurances that he does not want to be in the car business and that “we cannot make the survival of our auto industry dependent on an unending flow of taxpayer dollars”, in just a few hours, you, the taxpayers of America, will own General Motors. Tomorrow, GM will file for bankruptcy marking [...]
Tags: business concerns, capitalism, Chrysler, economic crisis, government spending, UAW
