THE MARKET ALWAYS WINS Governments everywhere seek subjects that are impoverished, weak, ill, fearful and dependent on government “services.” But the current and future blackouts caused by California’s government-licensed power monopoly appear to have one major positive impact: thousands of Californians are seeking self help by purchasing small gas generators. Bloomberg reported on October 5 …
Category: The market always wins
Oct 06
Ecuador government begins arresting shopkeepers for price increases
In a free market, rapid price increases are quickly fixed by suppliers who, seeking quick profits, hurriedly get more product to market. This growth in supply then leads to rapid reductions in prices. A sure way to ENSURE that consumers will be deprived of plentiful, cheap goods, on the other hand, is for governments to …
Jun 14
Chicago suburb lays off 40 cops and firefighters to meet pension obligations
Every socialist state will eventually reach a day of reckoning. For years the government of Harvey, Illinois (an impoverished, high-tax, high-regulation socialist suburb of Chicago) has overpaid cops and firefighters and lavished retired cops and firefighters with extravagant pensions. (Many such retirees take their padded pensions and move to lower-tax, less socialist places.) But the …
Oct 16
More New Yorkers using Uber than government-controlled cabs
The market always wins. For years, state and local governments have imposed hundreds of pages of regulations on cab companies. Cab companies often are made to get a “certificate of need” from the government before starting up. Cab companies must get government approval for all their rates, fares, routes and operating areas. In some places, …
Oct 03
Connecticut taxpayers crushed to the breaking point
Connecticut is one of the wealthiest states in America. Its residents have a high per-capita income. Its corporations are some of the world’s wealthiest and most powerful. But Connecticut has been dominated by socialistic, pro-government extremist policymaking for generations. Today’s Connecticut taxpayers pay some of the highest tax rates in America. Now the State is …
Aug 05
Pro-government extremist site “Salon.com” cannot pay its rent
U.S. government agencies such as the FBI and CIA have been secretly funding pro-government “journalists” for years. But when government subsidies are stripped, pro-government media “news” sources frequently have trouble paying their bills. Here is a new report that the pro-government extremist news and commentary site “Salon.com” cannot pay its rent. Salon.com pushes a steady …
Jul 23
Collapsing Chicago Public Schools Seeking to Force Rural Illinois Property Owners to Pay $17 BILLION Debt
The Chicago Public School District is $17 BILLION in debt. (That figure is greater than the annual State budgets of numerous entire states combined; Chicago’s “teachers” often retire as multimillionaires in a state that has experienced years of declining household incomes.) Years of corruption and government central planning have taken their toll. (And all measurements …
Jul 22
Tesla: the Lobbying Firm Masquerading as a Car Maker
Governments worldwide propose “energy policies,”–subsidizing some energy firms while taxing and overregulating others. Picking winners and loses by obstructing free markets. For decades, U.S. lawmakers have been subsidizing “alternative energy” schemes that would never work without government support. “The first justification was that internal combustion engines polluted too much. But emissions steadily declined, and today’s …
Jun 23
New York Times continues to shed employees
The New York Times continues to lose customers, readers, advertisers, and money. Even with the secret payments of government agencies such as the FBI and CIA, the Times is having trouble staying afloat. People simply will not pay money to read the Times‘ tired, old, pro-government extremist content. Here is a recent report indicating that …
Jun 06
Hartford, Connecticut government approaches bankruptcy despite extracting some to the nation’s highest property, income and sales tax rates
Hartford, Connecticut is typical of eastern cities in that its voters have placed great trust in government management. Connecticut is a wealthy state with thousands of high-earners who work in the insurance industry, and in the greater New York City area. But the State’s tax rates are among the nation’s highest. Hartford, the capitol city, …