Business & Economics

Business & Economics

Increasing Liability Risks Threaten Growth and Trouble Boards

A study conducted by Lloyds, a London based insurance market, reveals that board members are increasingly concerned about the increasing number of corporate litigation cases facing the boards and the escalating cost in mitigating such risks. “Among the companies surveyed, almost seven in ten have faced lawsuits in the past ...
Business & Economics

Google/Yahoo deal debris

Is what’s good for the goose also good for the Google? The Senate Antitrust Subcommittee just investigated a proposed partnership between Google and Yahoo, the two most visited properties on the Internet. Though the deal could consolidate more than 90 percent of an $11-billion search and advertising industry, Google insisted ...
Business & Economics

Congress aims to rob consumers and reward major retailers

The Herald (Bourbonnais, IL), July 22, 2008 A recent survey found Americans rank skyrocketing gas prices as their most serious economic concern. The House Judiciary Committee will soon consider a proposal to put more money in the pockets of gas station owners and major retailers, while raising the interest rates ...
Business & Economics

Ban the Man?

Next month the world’s athletes gather in Beijing, what we used to call Peking, for the XXIX Olympics, this iteration bearing the slogan “One World, One Dream.” One outstanding American athlete had a dream to compete in these Olympics, but will not be doing so. It’s not because of drugs, ...
Business & Economics

Fined if You Do, Fined if You Don’t

The European Union recently slapped Microsoft with a penalty of $1.3 billion, the largest fine ever levied against a single company. The timing is curious because the penalty was issued just a week after Microsoft posted on the Internet over 30,000 pages of its most closely held trade secrets. This ...
Business & Economics

Phoenix: Not so free, not so unfree

July 24, 2008 Disloyal Opposition Blog, Phoenix isn’t a terrible place when it comes to personal freedom. It’s not so great either, despite Arizona’s overstated Wild-West reputation. Reason magazine’s Radley Balko raised a fuss in Chicago with his column in the Chicago Tribune taking that city to task for “treating ...
Business & Economics

Speaker criticizes N.J. climate for firms facing suits

New Jersey’s legal environment is one of the worst in the nation for a business defending itself against a tort lawsuit, and the climate can stunt a state’s job creation and economic growth, a trade group heard. The claim was made at a New Brunswick forum organized by the Trenton-based ...
Business & Economics

Partisan election of judges doesn’t help

Kudos to David Ridenour for highlighting many problems with West Virginia’s dysfunctional tort system in his July 15 column, “The state should pursue tort reform.” I’d like to add one more problem – the state’s partisan judicial elections. Litigation awards tend to be higher in states with an elected judiciary. ...
Business & Economics

Soaking the rich won’t solve boom-and-bust cycles

California’s Democratic legislators just proposed to slap $8.2 billion in tax hikes on “the rich.” This might raise some quick cash, but it’s a recipe for recession and more of the revenue roller coaster that will only make the next budget crisis worse. The Golden State’s most productive citizens already ...
Commentary

Wonder why Universal Health Care is Nothing but Smoke and Mirrors?

American Alliance Training Network Corp., July 27, 2008 MASSACHUSETTS’S UNIVERSAL health care law turned one in April. To survive, its guardians have had to make many changes, each of which has increased current and future government spending, increased the government’s role in regulating the healthcare market, decreased individual responsibility to ...
Business & Economics

Increasing Liability Risks Threaten Growth and Trouble Boards

A study conducted by Lloyds, a London based insurance market, reveals that board members are increasingly concerned about the increasing number of corporate litigation cases facing the boards and the escalating cost in mitigating such risks. “Among the companies surveyed, almost seven in ten have faced lawsuits in the past ...
Business & Economics

Google/Yahoo deal debris

Is what’s good for the goose also good for the Google? The Senate Antitrust Subcommittee just investigated a proposed partnership between Google and Yahoo, the two most visited properties on the Internet. Though the deal could consolidate more than 90 percent of an $11-billion search and advertising industry, Google insisted ...
Business & Economics

Congress aims to rob consumers and reward major retailers

The Herald (Bourbonnais, IL), July 22, 2008 A recent survey found Americans rank skyrocketing gas prices as their most serious economic concern. The House Judiciary Committee will soon consider a proposal to put more money in the pockets of gas station owners and major retailers, while raising the interest rates ...
Business & Economics

Ban the Man?

Next month the world’s athletes gather in Beijing, what we used to call Peking, for the XXIX Olympics, this iteration bearing the slogan “One World, One Dream.” One outstanding American athlete had a dream to compete in these Olympics, but will not be doing so. It’s not because of drugs, ...
Business & Economics

Fined if You Do, Fined if You Don’t

The European Union recently slapped Microsoft with a penalty of $1.3 billion, the largest fine ever levied against a single company. The timing is curious because the penalty was issued just a week after Microsoft posted on the Internet over 30,000 pages of its most closely held trade secrets. This ...
Business & Economics

Phoenix: Not so free, not so unfree

July 24, 2008 Disloyal Opposition Blog, Phoenix isn’t a terrible place when it comes to personal freedom. It’s not so great either, despite Arizona’s overstated Wild-West reputation. Reason magazine’s Radley Balko raised a fuss in Chicago with his column in the Chicago Tribune taking that city to task for “treating ...
Business & Economics

Speaker criticizes N.J. climate for firms facing suits

New Jersey’s legal environment is one of the worst in the nation for a business defending itself against a tort lawsuit, and the climate can stunt a state’s job creation and economic growth, a trade group heard. The claim was made at a New Brunswick forum organized by the Trenton-based ...
Business & Economics

Partisan election of judges doesn’t help

Kudos to David Ridenour for highlighting many problems with West Virginia’s dysfunctional tort system in his July 15 column, “The state should pursue tort reform.” I’d like to add one more problem – the state’s partisan judicial elections. Litigation awards tend to be higher in states with an elected judiciary. ...
Business & Economics

Soaking the rich won’t solve boom-and-bust cycles

California’s Democratic legislators just proposed to slap $8.2 billion in tax hikes on “the rich.” This might raise some quick cash, but it’s a recipe for recession and more of the revenue roller coaster that will only make the next budget crisis worse. The Golden State’s most productive citizens already ...
Commentary

Wonder why Universal Health Care is Nothing but Smoke and Mirrors?

American Alliance Training Network Corp., July 27, 2008 MASSACHUSETTS’S UNIVERSAL health care law turned one in April. To survive, its guardians have had to make many changes, each of which has increased current and future government spending, increased the government’s role in regulating the healthcare market, decreased individual responsibility to ...
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