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27

Sep

G-20, an exercise in futility?

Posted by Despina Karras  Published in Economy and Free Markets

Phillip Levy of the American Enterprise Institute thinks so. Leaders at the summit released a statement, vowing to “continue the process of recovery” by:

“…shift[ing] from public to private sources of demand…and reduc[ing] development imbalances. [They] pledged to avoid destabilizing booms and busts in asset and credit prices and adopt macroeconomic policies, consistent with price stability, that promote adequate [...]

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Tags: economic crisis, G-20, protectionism

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11

Aug

Why Americans are turning on ObamaCare

Posted by Despina Karras  Published in Economy and Free Markets, Health Care

The verdict is in: a majority of Americans now oppose ObamaCare. According to Rasmussen, 53% oppose Democrats’ proposals, with disapproval ratings up 9% since June. 51% believe health care costs will increase under Obama’s plan, and just 19% think the proposed measures will bring health care costs down.
Gallup has compiled a ten-point list summarizing Americans’ problems with Democrats’ [...]

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Tags: capitalism, economic crisis, health care debate, Stimulus

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2

Aug

Justifying government interference by demonizing, oversimplifying

Posted by Despina Karras  Published in Economy and Free Markets, Role of Government

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 [...]

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Tags: business concerns, capitalism, economic crisis, regulation, Role of Government

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31

May

Congratulations America! You will soon own GM.

Posted by Despina Karras  Published in Auto Bailouts, Economy and Free Markets

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 [...]

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Tags: business concerns, capitalism, Chrysler, economic crisis, government spending, UAW

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About Me

Conservative lawyer, blogger. First-generation American. Curious researcher. Always asking questions.

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