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Spirit Airlines shows mergers may prevent bankruptcies and bailouts
In 2024, Spirit Airlines, financially troubled since the COVID-19 pandemic and lockdowns, sought a lifeline through a merger with JetBlue Airways. Although neither Spirit nor…
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When solar tax incentives overheated, the residential solar market became scorched
Residential solar has long been sold as a win-win for consumers and the environment. It was marketed as an affordable way for homeowners to reduce…
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Obamacare’s subsidy cliff: How many enrollees are actually affected?
Democrats in Congress have put Obamacare front and center in their opposition to the Republicans’ temporary budget. One provision of the American Rescue Plan…
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Obama Wants a GM Bailout Tax on Bank and Insurance Customers
For all the talk about fairness and equity with the so-called Buffett Rule, there is one sneaky loophole in the Obama revenue proposal that…
Texas Insider
Is Administration Going to Use GM to Distract from Solyndra Failure?
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Obama’s “American Jobs Act” Is A Wasteful “Blue-State Bailout,” Researchers Say
In the The Wall Street Journal, two researchers call Obama’s proposed “jobs” bill, the $450 billion “American Jobs Act,” a “blue-state bailout in…
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Fannie-Freddie’s Hypocritical Suit Against Banks Making Loans that GSEs Helped Create
"U.S. is set to sue dozen big banks over mortgages," reads the front-page headline in today's New York Times. The "deck" below the headline…
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Massive Justice Department Attack on Banks?
A monumentally-destructive Justice Department attack on banks may soon occur. Earlier, I wrote about how the Obama Justice Department is now forcing banks to…
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Obama Administration: Time to Pay Your Neighbor’s Mortgage
The Washington Times yesterday had an editorial, "Paying Your Neighbor's Mortgage," about the costly new bailout advocated by political appointees in the Obama administration,…