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The following testimony given by W. Herbert Hunt was presented on May 2, 1980 before a House subcommittee probing the rise and fall of silver prices, amid allegations that the Hunt family had conspired to corner the silver market. As a result of the falling price of silver and other factors, however, the Hunts lost more than $1 billion in the silver market.

Hunt Brothers were villains to the public, victims of the politicians.

The price of gasoline, according to the Energy Information Administration, may fall in the near future, but will likely rise again and continue to stay high for a number of reasons.

The announcement that Time Warner may be selling most of its magazines to another publisher is more evidence of its continuing loss of credibility in a market increasingly receiving its news and commentary from more reliable and trustworthy sources.

 

 

The decision to stop printing Newsweek magazine after Monday, December 31, reflects a change not only in how its subscribers access the news but a change in what they wanted to read when they got it.

Get set for the Obama administration’s post-election tsunami of business-killing, job-killing, economy-killing federal regulations. It’s already begun. Take a look at www.regulations.gov, the administration’s regulatory website. The home page informs us that in the last 90 days, the administration has posted 5,934 new regulations.

The graveyard of American businesses is receiving another occupant. Orwigsburg, Pennsylvania-based apparel manufacturer FesslerUSA, over 100 years old, is closing its doors. The company, founded in 1900, began by producing cotton underwear, and most recently has marketed private-label fashion knitwear. Its all-American approach to business reflected the values and ingenuity that made American capitalism thrive.

According to the text of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the law is supposed “to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too big to fail,’ [and] to protect the American taxpayer by ending bailouts.”

However, as is usually the case with federal laws, Dodd-Frank does precisely the opposite.

Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged [from September] at 7.9 percent.” 

Another day, another subsidized “green energy” firm going bankrupt. This time it’s A123 Systems Inc., a Massachusetts-based manufacturer of batteries for electric cars that received about $500 million in state and federal assistance, including a $249 million grant from the U.S. Department of Energy (DOE).

A123, which has tumbled in value from $2.3 billion to just $11 million, filed for bankruptcy in Delaware on Tuesday after missing an interest payment on $143.8 million of debt.

The following testimony given by W. Herbert Hunt was presented on May 2, 1980 before a House subcommittee probing the rise and fall of silver prices, amid allegations that the Hunt family had conspired to corner the silver market. As a result of the falling price of silver and other factors, however, the Hunts lost more than $1 billion in the silver market.

Hunt Brothers were villains to the public, victims of the politicians.

The price of gasoline, according to the Energy Information Administration, may fall in the near future, but will likely rise again and continue to stay high for a number of reasons.

The announcement that Time Warner may be selling most of its magazines to another publisher is more evidence of its continuing loss of credibility in a market increasingly receiving its news and commentary from more reliable and trustworthy sources.

 

 

The decision to stop printing Newsweek magazine after Monday, December 31, reflects a change not only in how its subscribers access the news but a change in what they wanted to read when they got it.

Get set for the Obama administration’s post-election tsunami of business-killing, job-killing, economy-killing federal regulations. It’s already begun. Take a look at www.regulations.gov, the administration’s regulatory website. The home page informs us that in the last 90 days, the administration has posted 5,934 new regulations.

The graveyard of American businesses is receiving another occupant. Orwigsburg, Pennsylvania-based apparel manufacturer FesslerUSA, over 100 years old, is closing its doors. The company, founded in 1900, began by producing cotton underwear, and most recently has marketed private-label fashion knitwear. Its all-American approach to business reflected the values and ingenuity that made American capitalism thrive.

According to the text of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the law is supposed “to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too big to fail,’ [and] to protect the American taxpayer by ending bailouts.”

However, as is usually the case with federal laws, Dodd-Frank does precisely the opposite.

Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged [from September] at 7.9 percent.” 

Another day, another subsidized “green energy” firm going bankrupt. This time it’s A123 Systems Inc., a Massachusetts-based manufacturer of batteries for electric cars that received about $500 million in state and federal assistance, including a $249 million grant from the U.S. Department of Energy (DOE).

A123, which has tumbled in value from $2.3 billion to just $11 million, filed for bankruptcy in Delaware on Tuesday after missing an interest payment on $143.8 million of debt.

The following testimony given by W. Herbert Hunt was presented on May 2, 1980 before a House subcommittee probing the rise and fall of silver prices, amid allegations that the Hunt family had conspired to corner the silver market. As a result of the falling price of silver and other factors, however, the Hunts lost more than $1 billion in the silver market.

Hunt Brothers were villains to the public, victims of the politicians.

The price of gasoline, according to the Energy Information Administration, may fall in the near future, but will likely rise again and continue to stay high for a number of reasons.

The announcement that Time Warner may be selling most of its magazines to another publisher is more evidence of its continuing loss of credibility in a market increasingly receiving its news and commentary from more reliable and trustworthy sources.

 

 

The decision to stop printing Newsweek magazine after Monday, December 31, reflects a change not only in how its subscribers access the news but a change in what they wanted to read when they got it.

Get set for the Obama administration’s post-election tsunami of business-killing, job-killing, economy-killing federal regulations. It’s already begun. Take a look at www.regulations.gov, the administration’s regulatory website. The home page informs us that in the last 90 days, the administration has posted 5,934 new regulations.

The graveyard of American businesses is receiving another occupant. Orwigsburg, Pennsylvania-based apparel manufacturer FesslerUSA, over 100 years old, is closing its doors. The company, founded in 1900, began by producing cotton underwear, and most recently has marketed private-label fashion knitwear. Its all-American approach to business reflected the values and ingenuity that made American capitalism thrive.

According to the text of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the law is supposed “to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too big to fail,’ [and] to protect the American taxpayer by ending bailouts.”

However, as is usually the case with federal laws, Dodd-Frank does precisely the opposite.

Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged [from September] at 7.9 percent.” 

Another day, another subsidized “green energy” firm going bankrupt. This time it’s A123 Systems Inc., a Massachusetts-based manufacturer of batteries for electric cars that received about $500 million in state and federal assistance, including a $249 million grant from the U.S. Department of Energy (DOE).

A123, which has tumbled in value from $2.3 billion to just $11 million, filed for bankruptcy in Delaware on Tuesday after missing an interest payment on $143.8 million of debt.

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