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capitalism Tag

Posted by William A. Jacobson on January 10, 2012 60 Comments

We don't know all of the details of how Bain conducted its business under Mitt Romney, but we do know that in at least several instances the conduct was to squeeze out cash while leaving behind a failed company.  In many other instances Bain helped...

Posted by William A. Jacobson on July 18, 2011 47 Comments

As you know, I'm visiting here.  And one thing I've noticed is that there are quite a few homeless people. Why are the people of San Francisco so heartless?  They must all be Tea Party supporters. Why don't the politicians here care about the poor?  They must be Republicans. How can...

Posted by William A. Jacobson on October 28, 2010 10 Comments

Todd Young is on my Top 10 List, running against incumbent Baron Hill in Indiana-09 district.Hill embodies the arrogance which has characterized Democratic Party control of Congress for the past several years:[youtube=http://www.youtube.com/watch?v=HtmgQ2W3lhM?fs=1]New polling shows that the race is a toss-up.  Via The Hill, Rep. Baron...

Posted by William A. Jacobson on May 20, 2009 10 Comments

We are in the process of nationalizing and/or federalizing vast stretches of our economy, including the auto industry, banks, and health care. Individual property rights have taken a back seat to political priorities.I am against this trampling of individual property rights, which are the foundation...

Posted by William A. Jacobson on March 17, 2009 0 Comments

Pawtucket, RI, is just north of Providence. Pawtucket (pronounced "p-tuk-et" to those in the know) is an old mill town which has huge economic problems (as does the entire State of Rhode Island and Providence Plantations). So what should the federal government do to help...

Posted by William A. Jacobson on March 13, 2009 3 Comments

Larry Summers, Obama's chief economic adviser, says we must overcome the "excess of fear":President Barack Obama's top economic adviser said Friday the nation's economic crisis has led to an ''excess of fear'' among Americans that must be broken to reverse the downturn.National Economic Council Director...

Posted by William A. Jacobson on March 01, 2009 23 Comments

What is it with this President? Obama has an obsessive need to find enemies against whom to campaign. When Obama's presidency is over, hopefully in four years (but likely eight years) there will be two sets of psychologists: Those who provide therapy to the American...

Posted by William A. Jacobson on February 24, 2009 0 Comments

The website DebkaFile is reporting that Bibi Netanyahu's choice for Israeli Foreign Minister is Anatoly (Natan) Sharansky, a hero of the Soviet refusenik movement. For those of you who are not familiar with Sharansky, his story is inspiring. In the weeks just before and after...

Posted by William A. Jacobson on November 17, 2008 0 Comments

An Op-Ed in today's Wall Street Journal argues that Chapter 11 bankruptcy is a better alternative to endless bailouts. UPDATE: Here is another view, arguing that Chapter 11 would be a "death knell" for the US auto industry. UPDATE No. 2: Another article arguing in...

Posted by William A. Jacobson on November 11, 2008 0 Comments

Conservatives face a choice. Yield to "progressive" policies which, once implemented will take a generation to undo, or stand on principles of free enterprise, individual liberty, and capitalism? Giving in is much easier, but in the long run more costly. We can learn a lot...

Posted by William A. Jacobson on November 03, 2008 1 Comment

As we conclude this final day before the election, the arguments have been made, the advertisements run, and the cash spent. Through all the noise, the essential decision facing the American people has not changed.It's all about trust.I trust John McCain. Although I have never...

Posted by William A. Jacobson on October 30, 2008 0 Comments

It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime:Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge — using...

Posted by William A. Jacobson on October 16, 2008 0 Comments

Are we witnessing the end of capitalism? Has it ever been this bad? Do these charts show the end of capitalism? I guess that depends on how you look at things. The first chart tracks the Dow Jones Industrial Average from 1920-1940, when the average went from...

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