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LibertyWeek 51: Watch for Falling Rupees

LibertyWeek 51: Watch for Falling Rupees

Your host Richard Morrison brings you Episode 51 of the LibertyWeek podcast, along with special guest co-host Jeremy Lott and Fellow in Regulatory Studies Ryan Young. We start with Judge Sotomayor in the Senate hot seat, a privacy threat from “smart” passports and why Rep. Dan Lipinski has decided your suitcase is too big. The discussion continues with Rep. John Murtha’s expanding corruption scandal, beer news from the Beaver State and the arrival of Wal-Mart in India. We wrap up with…

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Springsteen clashes with Obama advisor on Wal-Mart

Springsteen clashes with Obama advisor on Wal-Mart

In between playing at the Lincoln Memorial for Barack Obama’s inaugural concert and performing the half-time show last night at the Super Bowl, Bruce Springsteen got caught in a policy controversy over a promotional deal he made. Springsteen had inked an agreement for Wal-Mart to exclusively sell and promote his new album, “Working on a Dream.” This made good business sense, given that a similar arrangement last year with Wal-Mart and hard rock bank AC/DC led to a surprise chart-topping…

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Posted in Bailout Watch, Healthcare, Labor, Nanny State, Politics as Usual, SanctimonyComments (1)

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Why Not a Wal-Mart Bank?

Why Not a Wal-Mart Bank?

Seems like every business these days is becoming what’s called a “bank holding company” — seeking the shelter of the federal government’s deposit insurance and the ability to balance risks with more diversified lending and consumer deposits. Firms quickly granted “bank holding company” approval from authorities over the past few months range from the brokerages Goldman Sachs and Morgan Stanley to credit card company American Express.

So many businesses are suddenly getting BHC approval that columnist and blogger Michelle Malkin has…

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Posted in Bailout Watch, Economy, Legal, Politics as Usual, Precaution & Risk, RegulationComments (2)

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Big Box Facts (More reasons for people to stop hating on WalMart)

As we learn from a Portfolio.com story by Zubin Jelveh, more erroneous proclamations about how horrible WalMart is for society have been proven–well, erroneous.  In fact (studies show), the existence of this bargain superstore may actually be beneficial to the health of, wait for it, the poor. That’s right:

Charles Courtemanche from University of North Carolina at Greensboro and Art Carden of Rhodes College in Tennessee looked at county-level data on big box stores (different versions of Wal-Mart stores as well as…

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Posted in Agriculture, Culture, Economy, Nanny State, Odds & Ends, SanctimonyComments (1)

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