This week, the House passed a bill that imposes further regulations on financial firms - on executive pay which is bad enough in itself, and to add insult to injury, on the way those firms and employees do business. The bill is "aimed at preventing financial firms from adopting compensation systems...
Posted to
AIP Blog
by
Despina Karras
on 08-02-2009
Filed under: economy, capitalism, free market, business concerns, investors, economic crisis, regulation, government, economics, federal government, action, government intrusion, government expansion
Warren Buffett, the world's richest man and a vocal supporter of Barack Obama , thinks the pending cap and trade legislation would further stunt economic growth. BECKY : You said you didn't like cap and trade especially in this economy though, because it puts a tax on people. BUFFETT : I think...
Posted to
AIP Blog
by
Catherine Favazza
on 06-25-2009
Filed under: congress, cap and trade, economy, Tax Foundation, warren buffett, action
There are two important developments in the Massachusetts healthcare experiment, the ambitious reform effort undertaken by former Governor Mitt Romney. First, the Massachusetts Taxpayers Foundation in a new report finds that the cost of health care reform is "relatively modest" and that criticisms...
The Texas legislative session just ended (it convenes only once every 2 years) and the lists of accomplishments are being collected and compiled. In 2008, Texas created more jobs than the other 49 states combined. In fact, over 50% of the jobs created in 2008 were created in the state of Texas. Texas...