The Equal Pay Act turned Fifty years old this week. . . And Liberals are still trying to “close the pay gap.” Maybe they should look at why there is a gap in the first place. Romina Boccia from the Heritage Foundation joined the program to discuss the free market’s answer to the war between the sexes.
Valeant Pharmaceuticals, Canada’s largest drugmaker, has agreed to buy privately-held eye-care company Bausch & Lomb Holdings Inc. for $8.7 billion. The deal will be financed by the issuance of new equity and debt.
Politicians are now getting creative about slowing down the economy. This so-called “Robin Hood” tax would impose a tax on each financial transaction conducted on Wall Street. But, strangely, the part that should be most annoying is the name.
So, the cronyists are “on edge” and feeling “anxiety.” Gee, just breaks my heart.
That Jesus lived is an accepted historical fact. That Jesus died is also accepted as an historical fact. Easter eggs would not exist were it not for his resurrection. You may deny it, but then you're stuck having to roll "Ostara" eggs at the White House.
The Senate did something this past weekend it hasn't done in four years: passed a budget. The law requires the Senate to pass a budget, but Congress often ignores its own laws. For most of Barack Obama's presidency, a series of continuing resolutions kept the money -- your money -- flowing.
Despite the stock market's rapid ascent to record levels, economic analysts were warning that it doesn't reflect the economy's anemic fundamentals and that we may well be entering another bubble that's about to burst.
The Wall Street Journal of Feb. 27 tells the story in its own headlines. On page C1, the story was, "JPMorgan Pulls Belt Tight," while on C3 the headline read, "Wall Street's Bonus Pool Hits $20 Billion." If that doesn't describe this crazy false recovery we are allegedly undergoing, nothing does.
Insider trading leads the news again, casting a cloud over Steven Cohen's SAC Capital Advisors $14 billion hedge fund.
A colleague mentioned earlier this week how thankful he is that he can tell anyone who deserves it to go take a flying leap. (Actually, his precise words are unprintable, but you get the idea.) At first glance, such uninhibited opinion-sharing might seem rude and unacceptable, but upon further reflection, it becomes clear how individuals rising up and courageously telling off the creeps who deserve it would benefit society as a whole, and how capitalism in particular is the perfect vehicle for this.