The award for worst company in the country goes to GM, for taking over $11 billion from taxpayers and then recalling over 5 million vehicles.
Here is the complete list of bailout losses. You may want to sit down before opening it.
Photo by Russ Allison Loar Perhaps the worst example of government stifling competition is President Obama’s “Patient Protection and Affordable Health Care” plan. Supposedly, insurers would still compete, but under Obamacare, the new federal health board (15 government bureaucrats) will decide which medical treatments are acceptable, rather than doctors or even insurers. Already, Insured individuals…
One term which is often incorrectly inserted into political discourse is corporate personhood. Corporate personhood is a legal concept that arises from the extension of certain rights to market entities for the purpose of facilitating commerce and protecting individuals. Its application to campaign finance law has many erroneously rallying against the legal concept with slogans…
The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the government is already short on revenue?…
Photo by notbeinggoverned Second, exclusivity must be ruled out in light of the clear language of the Ninth and Tenth Amendments; powers may be delegated to the United States, but only if stated explicitly are they to be denied to the several States or to the people. Third, competition does not constitute interference or obstruction….
10. Priming the Big Election Control of Congress is undoubtedly important, but what people don’t understand about midterms is how the local contests affect the presidential election. Party control of local politics means a red carpet and support for that party’s presidential nominee when the time comes. One need only look to the Iowa caucuses…
More Government isn’t the Answer It’s easy to become disheartened when one realizes how many Americans don’t have homes or enough to eat. Despite plenty of charities and government programs being aimed at the problem, it continues. Poverty withstands our best efforts to address it. What if we are focusing too much on the symptom…