All Posts Tagged With: "taxpayer subsidies"
T. Boone Pickens is Right About Oil Imports? It Just Ain’t So!
The $700 billion that Americans spend annually to purchase oil from other countries (according to Pickens) is a price not a transfer. For the $700 billion we send to oil exporters, we get something in return—oil. Our receipt of millions of barrels of oil in exchange for that money is hardly a transfer. We receive a versatile commodity that can be used for everything from making plastics to fueling family vacations. The exporters receive the $700 billion that they can then use to purchase other goods and services.
1Apr2009 | E. Frank Stephenson | 6 comments | ContinuedPublic Money for Private Charity
After years of being shunned and even persecuted, Christians suddenly enjoyed the official blessing of the Roman state when Emperor Constantine came to power in 324 A.D. For the first time, imperial funds were used to subsidize priests and churches. Christians emerged from hiding in Rome’s catacombs to partake of the state’s largess. A faith that might have saved an empire was thus corrupted and in the end proved to be a futile safeguard against Rome’s ultimate destruction at the hands of barbarians a century and a half later.
1Aug2001 | Lawrence W. Reed | 3 comments | Continued-
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