Government Tries to Bust up a Business it Doesn’t Understand
The Justice Department’s antitrust lawsuit against Google alleging the company illegally monopolizes internet search and advertising is intended to serve consumer interests, expanding choice and competition. But history, particularly in…
Amtrak Asks for a Bigger Federal Handout
The money-losing Amtrak rail service is asking for billions of dollars more federal support, otherwise, it says it may have to cut more than 2,400 jobs and reduce service: The…
Crony Capitalist Deal in Wisconsin Stumbles, but Officials Still Eager to Hand Out Taxpayer Subsidies
The massive crony capitalist deal the state of Wisconsin struck with computer chip maker Foxconn is falling apart because the company isn’t upholding its’ part of the bargain. As such,…
Judge Says Prison Inmates Should get Federal Relief Checks
One of the early efforts to prop up the economy after government-mandated shutdowns closed businesses and put millions of people out of work was sending qualifying individuals. $1200 checks as…
Online Criminals Feast on Unemployment Benefits
Just as fraudsters bilked hundreds of millions of dollars from the Paycheck Protection Program, online criminals have so far managed to steal billions in unemployment payments from states. According to…
The Federal Government has No Plan to Fix Its Fiscal Mess
In testimony before a Senate Finance subcommittee, U.S. Comptroller General Gene L. Dodaro said the federal government was on an unsustainable fiscal path before the coronavirus and had no plan…
Fraudsters get Caught Buying Luxury Cars, Boats, Trips, and More With PPP Relief Funds
The federal government’s hastily assembled Paycheck Protection Program (PPP) was intended to help businesses keep workers on the payroll during the early weeks of the coronavirus pandemic. It largely succeeded…
Export-Import Bank Puts Taxpayers on Hook for Bailout of Mexico’s State-Owned Oil Company
The Export-Import Bank is back in the news, this time for putting U.S. taxpayers on the hook for a bailout of Mexico’s national oil company – and long-time Ex-Im Bank…
CBO Estimates Debt Will Exceed GDP in 2021
Article from For Liberty by Norm Leahy. The bad news keeps on coming regarding the federal debt. A new report from the Congressional Budget Office estimates that as soon as…
New Jersey Seeks to Tax its Way to Prosperity
Article from For Liberty by Norm Leahy. New Jersey is about to discover whether a proposed tax intended to raise billions of dollars will prompt the businesses in question to…