Bill Pugliano via Getty Images
Corporate welfare is the ultimate evasion of responsibility. It helps companies avoid the consequences that consumers would otherwise assign to them, the evasion demonstrated rather clearly by Chrysler's two government bailouts in a generation.
On behalf of taxpayers who would rather see our money go to real transit strategies, the Canadian Taxpayers Federation says "let Bixi fail." We've compiled ten reasons for why the City of Toronto should put the brakes on the Bixi bikes bailout.
So the Cyprus story is more than just another profligate nation begging for help. This mess may force the unification of this island, and tapping of its resources, at long last for the betterment of all its citizens. It may stop the takeover of a nation inside the EU by Russian bad guys.
Clearly, Greg Smith is the very product of the environment he is so quick to criticize. Under the guise of a now viral op-ed piece in the New York Times, Smith -- once a Goldman Sachs executive -- has successfully guaranteed that every employer, every corporation, every Jack, and Jill around the world, including the Hill, will be aware of his accomplishments.
The race to save the euro, and how it's being conducted, will not just affect bailed out countries' control over their budgets. It will also likely harm what remaining democratic character the Union has by allowing for influence over debtor states' votes in a way the treaties anticipate and forbid.
Amid the attention given to the entertainment celebrities operating as outsiders, there is a need also to see how a different type of celebrity from the world of business -- Bill Gates -- is acting as an insider in the campaign of change with respect to financial institutions at the hub of global governance.
THE CANADIAN PRESS -- LONDON - A leading credit ratings agency warned Monday that Greece would be considered to be in default if banks rolled over their holdings in the country's debt as proposed by a...