The Federal government has now grown so powerful that some in this nation are taking its slightest wish to be a command. The announcement on Monday by a group of major American corporation, including Hewlett-Packard, AT&T, Tyco and others, that they...
The debate continues, among the economically illiterate lawmakers in Washington, D.C. About whether or not the Federal government should make some $25 billion available to the Detroit automakers to, supposedly, enable them to remain in business. As part...
The latest word from Treasury Secretary Henry Paulson is that he believes “we have stabilized the major financial firms” and that he does not anticipate any more failures of large companies. He has effectively declared victory in the so-called...
The Federal government is about to stage yet another “bail-out” of a business which is “too important to fail.” This time the target will be Detroit's Big Three automakers, beginning with General Motors. We are hearing the...