It was less than a year ago when Wall Street firms started seeing the first wave of government bailouts. Shortly thereafter the media and "Main Street" started crying about corporate excesses and greed. Those same people, however, are praising the "successes" of Cash For Clunkers; even advocating for a sequel Dollars For Dishwashers. Why was Clunkers a success when the Wall … [Read more...]
Cash For Clunkers Thank You For Proving Our Point
For years, conservatives and liberals have clashed over taxes. Do we tax less, and allow the free market to thrive with the increased spending, or do we tax more to allow for an increase in government spending. Cash For Clunkers has proven the conservative point of taxing less to benefit the economy, and here's how. Everyone, especially liberals are pointing out that one of … [Read more...]
Cash For Clunkers – Yet Another Government Blunder
If you've driven by a new car dealership lately, you'll likely notice the same thing I did when I went out looking to buy a new car. The lots are barren. You're lucky to find a dealership who has more than one of the model car you're looking for, and even luckier if it happens to be the right color, with all the features you want. The recent buying frenzy caused by Cash For … [Read more...]
Lucky Strike Museum
Remember back in the late 1990's, when the tobacco companies were sued? They were ordered to pay over $240 billion to 46 states over the course of 25 years to fund the health costs associated with smoking and chewing tobacco. According to an article on Townhall.com, roughly $80 billion has been paid out so far, and of that amount only 30% has been spent on health care … [Read more...]
Government Owned Companies
With all the recent investment by the government into banks and other publicly traded companies, one has to wonder, is the government really the best organization to run these companies? In the private sector, a company will spend millions of dollars on a single executive's pay each year. This isn't because the companies are wasteful or the executives are greedy. It's … [Read more...]