by Dan Mitchell | Aug 15, 2012 | Bailouts, Blogs, Government Spending, Government Waste
I’ve been against the auto bailout from the very beginning because it was a corrupt payoff to lazy corporate fat-cats and an ossified union. And when folks on the left say the bailout is a success, I explain that any industry can be propped up with a sufficiently...
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 | Jun 9, 2011 | Bailouts, Blogs
I’ve finally set up a youtube page for my TV interviews. Here’s my discussion with Judge Napolitano about crony capitalism, General Motors, and the bizarre case of a car company CEO endorsing an increase in the gas tax. The most important point of the interview, at...
by Dan Mitchell | May 25, 2011 | Bailouts, Blogs
Here’s a video just released by those wonderful folks at the Democratic National Committee. It claims that the bad Republicans were wrong about the auto bailout because the companies are still in business and have paid back the money they confiscated from taxpayers....
by Dan Mitchell | May 9, 2011 | Bailouts, Big Government, Blogs, Government Spending
Most of us have probably heard the joke about the moronic salesman who admitted to losing money on each sale but was hoping to make it up with higher volume. E.J. Dionne of the Washington Post is taking this financial approach to a new level. His column today asserts...
