On Why the Government Giving Money to Private Business Is a Bad Idea

The Daily ShowGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook Briefly, veeeeeery briefly (I have a one-week old in my arms), the bad economics behind this decision. When the government decides to give a one-time bailout/loan to a business that is operating in the red, it will inevitably end…

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Define Your Terms

When philosophizing about the world, it is very important to define your terms. One term that is constantly misused is “capitalism.” Michael Moore, for example, in Capitalism: A Love Story, rants for an entire movie against the banking industry and profit motive in general, all under the broad term “capitalism.” The problem is that Moore…

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The Definition of Insanity

Behold, Peter Schiff: It will also add $1 trillion to the government’s costs. The state misses many rules of natural economics when it tries to create jobs, such as scarcity and finiteness. See Bastiat’s works in my “Meet Me Halfway” to learn more about what government jobs are. In the meantime, a [repeat] study recently…

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The Criminal Acts of the United States Government…

by its own standards, even… Santelli is right on in this video, even though Friedman really got him by saying his idea was idiotic. A recent Forbes article explains why: For starters, let’s be clear on what a Ponzi scheme is. Say you’re in a scheming kind of mood and looking to get rich off…

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