Posts Tagged: private enterprise

OWS122

Maybe it’s time to drop the picket signs and pick up a copy of The Road to Serfdom [Reader Post]

By 84 Comments 1,425 views

It was with great interest that I watched Facebook catch fire with support of the calls for picketing and sick-outs at Wal-Mart stores across the country on Black Friday. From what I could tell, most of those supporting the calls were liberals who attacked the company with claims that it doesn’t pay “a living wage”, “exploits” its workers, or owes its workers health care. I even saw one fantastical claim that a majority of Wal-Mart employees are on food stamps.

FudStampsa

How about letting members of the Fortune 500 run America's welfare programs? [Reader Post]

By 37 Comments 561 views

Imagine what you could do with three quarters of a trillion dollars. You might buy a new house, maybe a new car and maybe even take a trip to Hawaii or Australia.

Seriously, what can $750 billion accomplish? Well, that all depends on who’s spending the money.

According to the Congressional Research Service the federal government spent $745 billion in 2011 on welfare payments.

Meet

What does it say about the United States when a Russian president sounds more like a capitalist than the American president? [Reader Post]

By 18 Comments 515 views

In preparing for the 2012 election campaign the President said the following: “The proposition that the government is always right is manifested either in corruption or benefits to ‘preferred’ companies.” He went on: The “economy ought to be dominated by private businesses and private investors. The government must protect the choice and property of those who willingly risk their money and reputation.” Also: “Corruption, hostility to investment, excessive government role in the economy and the excessive centralization of power are the taxes on the future that we must and will scrap.