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  • financial bailout

    Durbin Amendment Damage Grows

    Remember when last September Senator Dick Durbin (D–IL) claimed that his contribution to the Dodd–Frank financial regulation statue—“the Durbin Amendment”—would benefit consumers? Well, more evidence has surfaced that his price-control regulation is costing consumers more and more money. According to a study by Javelin Strategy and Research reported by Bloomberg … More

    Progressive Corporatism in Action

      As President Barack Obama and his leftist allies in Congress spend trillions in taxpayer dollars in the span of just a few months, it is important to remember that the left is no enemy of big business. The left LOVES big business. Who else could possibly pay huge corporate … More

    What Didn't Cause the Financial Crisis

    For the next few days, weeks and probably years, we’re going to hear a lot about what caused the financial crisis and led to a $700 bailout. And we’ve already heard presidential nominees, Members of Congress and political analysts blame free markets and deregulatory policies over the past 8 years. … More

    Car Sales Plunge: Who’s to Blame?

    Automobile sales have plummeted across the board for the month of September. Not only were sales down for Chrysler (33%), General Motors (16%) and Ford (34%), but Asia-based brands Toyota, Honda and Nissan fell 30% over the course of the month. Sales in European and Asian markets are down as … More