A Federally Owned GM Is An Old Idea–USPS

As Government, Inc. continues its march to convert more and more private enterprise to government ownership outright or a skeleton company that is merely a puppet under government direction it would behoove us to recall a little history with regard to how well the government runs any enterprise.  The Constituion gives the government power to [...]

Is the Stock Market a Washington Concern?

The bailouts, stimulus bills, bloated budgets and exponential expansion of Government that we see evolving everyday recently raises questions about the viability of Wall Street and the stock market.  The market continues its plunge with no let up in sight.  It has sunk below its recent lows and may be headed toward 5000 on the [...]

Mercantilism Modernized?

The direction our Government is taking toward the current economic difficulties brings to mind the intervention of European governments a few centuries ago.  Just today it is announced that another of our largest banks is being granted further aid by the Feds at the costs of billions.  Along the way the Government will also now [...]

Mad Scientists To Run Economy

We have embarked upon a dangerous road of Government intervention into the private market place in the last few months.   The scope and scale of that intervention is staggering.   The Government seems to believe it can run the market and pick the new products we all want.  It has been picking winners and losers for [...]

Bailout — With or Without Parachute?

The current debate about a bailout of the financial mess with subprime mortgages reminds me of that scene in The Bridge Over the River Kwai when William Holden is ordered to jump into Jap territory on the mission  to destroy the bridge with Jack Hawkins.  Holden’s character had never jumped before and when they looked [...]