by Dan Mitchell | Oct 23, 2011 | Bailouts, Big Government, Blogs, Government Spending
Almost two years ago, I wrote that bailing out Greece was misguided because it would dig the debt hole deeper. More recently, I wrote an I-told-you-so post that looked at my four original predictions and patted myself on the back for being accurate (not that it took...
by Dan Mitchell | Oct 11, 2011 | Bailouts, Big Government, Blogs, Government Spending
I’m not an expert on addiction, but it’s probably safe to assume that one would never treat an alcoholic by giving him more booze. Or treat an addict by giving him more drugs. So you won’t be surprised to learn that I’m opposed to bailouts. I’m against bailing out...
by Dan Mitchell | Oct 3, 2011 | Bailouts, Big Government, Blogs, Government Spending
I’ll start with an important caveat and state that Ford is far from a perfect company. It has its snout in the trough for boondoggles such as green energy programs. And it happily benefits from protectionist restrictions on foreign pickup trucks and SUVs. That having...
by Dan Mitchell | Sep 16, 2011 | Big Government, Blogs, Economics, Government Spending, Tax Harmonization, Taxation
This is either frightening or hilarious. The people in Washington who are trying to make America more like Europe are advising the Europeans to double-down on the awful policies that have pushed the continent’s welfare states to insolvency. Here are some of the...
by Dan Mitchell | Sep 11, 2011 | Big Government, Blogs
Last year, after seeing former Treasury Secretary Hank Paulson trying to defend the TARP bailout he designed, I wrote that he should go away in shame. After all, even former Fed Chairman Paul Volcker recognized there was a much better, non-corrupt, way of...
