Published by the Foundation for Economic Education
November 21, 2009 | Subscribe via RSS
“The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts.” (Bloomberg, Thursday)
We should want the people mad enough to demand no more bailouts.
FEE Timely Classic
“Bailing Out Statism” by Sheldon Richman
In Print:
Barack Obama changed the rules when he intervened in the bankruptcies of GM and Chysler. There's no telling what the consequences will be for the economy. Also in this issue: A Nobel Prize we can rejoice over, a clunker of a government program, and a depression you never heard of.
View Contents
by Richard A. Epstein
by Bruce Yandle
by Paul Armentano
by Tyler Watts
by John Stossel
by Thomas Szasz
by Robert Higgs
by Art Carden
Reviewed by William L. Anderson
Reviewed by John Tamny
