Entrepreneur Elon Musk has discovered its easier and more profitable to transfer his companies' risks to the taxpayer than to bear them himself.
Another dream from Obama — this one to be more "generous" with Social Security — will only hasten the demise of that scheme.
Obama's promise to "change" America is being fulfilled, as the environment for business has increasingly become more hostile.
With the battle over a proposed $15 federal minimum wage raging, job losses are sure to be forthcoming — from not just traditional downsizing, but as has been seen in China and at restaurant trade shows, robots.
A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state, county, local, or territorial governments across the United States. If the legislation is approved, the prohibition would apply to bailouts by both the Obama administration's Treasury and the “independent” Federal Reserve System, which in recent years has conjured trillions of dollars into existence out of thin air to bail out mega-banks and other cronies in America and worldwide. Some analysts, though, are skeptical of the motives.