The Problem with Capitalism

” The problem with socialism is socialism; the problem with capitalism is the capitalists.” Peggy Noonan addresses this paradox in Republicans Need to Save Capitalism in the Wall Street Journal (Feb16-17). The American establishment had to come to look...

Subsidizing Sustainability

The shift from a focus on growth to one on what is fashioned as sustainability has proven a boon both for the public sector, particularly those working in regulatory agencies and politicians who now have new ways to elicit contributions, and for those parts of the...

Crony Stimulus

“The Department of Commerce gave One Economy Corporation over $28 million to increase fast internet service in areas without it. One Economy then directed $1.5 million to a film production company owned by actor/director, Robert Townsend, and $230,000 was used to...

Obama’s Corporate Tax Breaks

“But what was really striking about the bill that passed late at night in both houses of Congress was not the treatment of the Bush tax cuts. It was the inclusion, in the bill, of a whole raft of special tax favors for industry. Goldman Sachs, General Electric, and...

4,450 Federal Crimes

“The more complicated and vague legislation is created, the more powerful special interests will be interested in having “friends” in government. When the Constitution was first ratified, there were only three federal crimes: treason, counterfeiting, and piracy. Today...