Tag archive for ‘Money’
Why Republicans will likely have to cave on the automaker bailout.
Today, Congress reconvened itself in the “lame duck” session to attempt to force through before the 111th Congress the remaining laundry list of bills that Democratic leaders promised during the October campaigning period. One bill, however, has run into significant opposition - the automakers bailout bill. Despite holding sizable leads in the House and Senate, Democrats are unable to garner sufficient votes to pass the bill. As a result, Speaker of the House Nancy Pelosi has been forced to say, “Just wait” for the 111th Congress. For Republicans, the automaker bailout issue is fraught with peril for a party that is already weakened and attempting to regain both its confidence and its soul.
Encouraging the Freedom to Fail
American business is the most robust, the most efficient, and the most effective in providing returns to shareholders on invested capital. We take capital from all points on the globe and turn it into returns that are often multiples of what they initially invested. No other country is as effective at generating wealth as the United States. We are so effective because of our commitment to capitalism and free markets. Part and parcel of that commitment is a belief in freedom. One of those freedoms has to be the freedom to fail. For if failure is not a consequence of bad decision making by private enterprise, we will surely fail in the long term in generating wealth. Life without risk, in business, is not worth investing in.
Election Day.
It is the duty of every American citizen to vote if they are able. If you support our troops, you must vote. If you support the memory of the fallen, you must vote. If you cherish our history, you must vote. If you want to ensure our posterity, you must vote.
The Obama Gaffe
With some of America’s largest and most prestigious financial institutions undergoing a threatening liquidity meltdown, Democratic presidential nominee Barack Obama has not hesitated to seize the opportunity to exploit the situation for political gain. Despite being the second largest recipient of Fannie Mae and Freddie Mac political donations in the entire United States Congress, he [...]
Joe the Plumber… why Joe matters…
Joe Wurzelbacher, simply known to most of popular America as “Joe the Plumber,” ignited a firestorm by asking Sen. Obama on the campaign trail a simple question, why should I give the government more taxes?
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