Regular readers of this blog know that big corporations often are enemies of free markets and individual liberty. So it is hardly suprising to know that the Business Roundtable, a lobby representing CEOs of major companies, supported the wasteful and ineffective stimulus pprogram in 2009 and the bloated new healthcare entitlement in 2010. Big companies, [...]
Archive for June 24th, 2010
Big-Business Lobby Group Supports So-Called Stimulus and Obamacare and then Has Gall to Complain about Big Government
Posted in Uncategorized on June 24, 2010 | Leave a Comment »
European Central Bank President Wants to Exacerbate Continent’s Fiscal Crisis
Posted in Bailout, Big Government, Centralization, Elitism, Euro, Europe, European Commission, Fiscal Policy, Government Spending, Greece, International bureaucracy, Redistribution, Socialism, Sovereignty, Statism, Tax Competition, Tax Harmonization, Welfare, Welfare State, tagged Big Government, Euro, Europe, European Commission, Fiscal Sovereignty, Redistribution, Sovereignty, Welfare, Welfare State on June 24, 2010 | 6 Comments »
It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states.And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are trying to bail out the business elites who made silly loans to corrupt nations [...]
Great Moments in Government Stupidity
Posted in Flat Tax, Government intervention, Government stupidity, Housing, Income tax, Tax Reform, tagged Flat Tax, Government intervention, Government stupidity, Housing, Income tax, Tax Reform on June 24, 2010 | 2 Comments »
There really isn’t much I can add to this story in USA Today about the IRS giving money to prisoners. Yes, it is a story about typical government incompetence. But it also shows the inevitable problems that occur when government engages in industrial policy and social engineering via the tax code. Let’s call this argument [...]
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