The Biz Bucks Blog provides former Biz Bucks students and other busy professionals with a summary and commentary of seminal articles from the opinion pages of the Wall Street Journal. You can be notified of a new posting by subscribing to the blog (enter email in box on right) or by following on Twitter: @BizBucksGuy.
Three in One Day! September 10, 1900 10:45 AM | Tagged as Cronyism, Koch, Ryan
Ref: WSJ September 10, 2012 Pages A17-A19
Today’s WSJ opinion pages had three worthwhile articles.
In “Corporate Cronyism Harms America”, Charles Koch, CEO of Koch Enterprises notes that government policy, not business, has been responsible for much of our economic woes since 2007. He cites the Fannie Mae and Freddie Mac’s affordable housing quotas, the Community Reinvestment Act, and the Federal Reserve’s artificially low interest rates. His article is in response to much of the inflammatory rhetoric from the DNC convention last week, stirring up hatred for business. He also freely admits too many CEOs are feeding at the government trough. Government favors are rigging the markets and costing us all dearly.
In “The True History of Simpson-Bowles”, the WSJ editorial board debunks the revisionist historical narrative that Paul Ryan killed the deficit commission. The final commission vote included seven nays, four from Democrats and three by Republicans including Ryan.
In “Double-Checking the Journalist ‘Fact checkers’”, Gordon Crovitz reviews the new trend to have “fact checkers” tell us the truth about political ads. In fact, the fact checkers themselves are biased. Now we have fact checkers to check the fact checkers. Where does this end?
November 6th, happily.
Posted in Cronyism | 0 Replies
To receive email updates when a new post is made, please enter your email address in the box below and click Subscribe.
Use these key words to search past blogs:
1994 97% Alesina Recession Alinsky Allesina austerity Baloney BAT Binz bird kills Bogle Border Adjustment Tax Brulle Bryce capitalism carbon Carbon Dioxide CBO CFTC chains China Churchill Climate Climate Change Clinton Comparative Advantage Crichton Cronyism Cummins Curry Darwin Death panel demographics population economics Denier derivatives Dodd-Frank Drug dynamic Dynamic Scoring education electric car Energy Energy Policy Enron Debt Entitlements Eugenics Fat Fry Flat Earthers fracking free markets free trade Free Trade E-Verify Free Trade Zoellick Freedom Heritage Foundation Friedman gas lines Gas Prices glaciers Global Warming Global Warming Sustainability global warming subsidies IMF Globalization Trade God Google Gore Gramm Green Blob Grifo Groupthink Growth Hannity Hayek Hostess Hybrid Immigration Imports index funds Indexing Intellectual Denial investing investment IPCC JFK Joint Tax Kennedy Kerry Keynes Keynesian Keynesian Tax Cuts King Barak Bird Kills Koch Koonin Laffer Lamar Smith Lomborg macroeconomics macroeconomics;static; dynamic MACT Makiel markets Marxist medical care minimum wage Mitchell Model T Moore Morgenthau Navarro Neumark NOAA NY Times Obamacare ObamaCare Rove Health Insurance O'Reilly participation rate Patrick Moore peer review Peer Review EPA Piketty Pipelines plywood Presidential authority Price Controls Pruitt Racial divide Rare Earth Reagan Recession REE Renewable Portfolio Standards Renewables Ricardo Ridley robotics RPS Ryan Schlaff Science science integrity scoring Settled Science Shaffer shortages socialism socialized medicine Solar Panels Solvaldi Sovaldi static steel STEM Stephens Steyer stimulus subsidies subsidy sugar Supreme Creator tax policy tax reform Taylor territorial taxes corporate taxes Tesla Trade train wreck Trump unemployment wages Wind wind power women Zuckerman