Wednesday, July 29, witnessed the virtual browbeating (via video conference) of the CEOs of four of America’s top companies, Amazon, Apple, Facebook, and Google, by members of the House Judiciary Committee, most of whom never have produced anything other than intrusive statutes and convoluted regulations from which Congress often exempts itself.
Make up all the justifications you want, but the deal was just another example of crony capitalism.
Amazon, Walmart, and other corporate behemoths often use their wealth to get special favors from the government. However, they should be acquitted of the specific charge that they offload their labor costs to taxpayers through SNAP and other welfare programs.
Jim Hightower is an old-fashioned Texas progressive, who, if memory serves, once ran unsuccessfully for the governorship of that state. He may be a great polemicist – see “The Dark Side of Amazon” – but he does not know the first thing about how markets work and how Amazon.com, like Wal-Mart, is a benefactor...
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The United Nations’ IPCC has just announced that it is appointing an “independent committee” to investigate itself, clearly part of a deliberate campaign of damage control to combat the unraveling of the credibility for its claims of climate alarmism (see here and here). Trust in the IPCC has been disintegrating with the cascade of...
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