The Left and Eco-Socialist crowds are always yammering about the “subsidies” that the fossil fuel industry gets and telling that it isn’t fair. Well, nothing in life is fair like how they blame the industry and not the CongressTwits that put those laws into effect.
Articles tagged as
Profit
Notable Quote – For Bruce Currie who hates the idea that the US doesn’t have an “Industrial Policy”
He’s made it clear – we individuals need the handy helping hand to direct our every move and decision. This from Prof. Don Boudreaux (emphasis mine):
Students Bash Trump for Profiting from Presidency…Wait, That was Obama!
Campus Reform does some great student-on-campus interviews. They pose issues, get their thoughts, then ask them or tell them it was actually Obama. This time around they grapple with the false narrative that Trump and his family are profiting from the Presidency. Nope, that was Obama.
Regulations didn’t Stop MF Global or JPMorgan Losses
JP Morgan earned a $5.4 billion profit in the first quarter of 2012. It is on course for making a multibillion profit in 2Q2012 and a $20 plus billion profit for the year despite its recent $2 billion loss. Businesses take risks, and some risks do not work out. Businesses are at risk daily as they must win enough willing and able customers so companies can pay employees, taxes, fees, and other expenses.
This JPMorgan loss has again kicked off liberal demands for even more regulations on an already highly regulated industry. How are regulators supposed to prevent losses from business risks? Businesses like banks are in the business of risking money. To keep banks from taking risks, you must stop them from making loans.
“The Power of Profit” by my favorite economics professor
Dr. Walter E. Williams is one of my favorite people to read and listen to – able to take complicated issues, strip them down to their essence, and tell the story in a way that brings out the important stuff that others don’t even think of. This video is a great example – an explains … Read more