Tag: Big Business

We’re rollin’ in the dough this week with a double dip of interesting business talk.

First up are Thomas Gryta and Ted Mann of The Wall Street Journal who look at the rise and fall of one of America’s iconic companies. In Lights Out: Pride, Delusion, and the Fall of General Electric, Gryta and Mann lay out the consequences that came from believing in the mythology GE created for itself.

DC Politicians, Big Tech Companies Making Violence More Likely, Not Less

 

By using current events as pretexts for further restricting the ability of people to speak and to communicate, national government politicians and “big tech” companies are increasing the likelihood that people will resort to violence to get their point across.

Politicians and “big tech” claim restricting speech and communication will reduce “conspiracy theories” and the planning of violent actions. But, driving such topics into hidden corners tends to reinforce them and to encourage the people involved to become more extreme and potentially violent.

Wall Street Is ‘Essential.’ Main Street? Not So Much.

 

My wife was in Walmart today. The woman in front of her was buying wind chimes made out of fake shells. New Jersey is still under a lot of restrictions from the governor’s COVID-19 lockdown. Walmart, and its plastic wind chimes, have been deemed essential.

When governors decided to shut down their states for the sake of people’s physical health, they also made decisions about people’s economic health. By calling certain businesses “essential” or “non-essential” they gave themselves the right to pick winners and losers. More often than not, the small guys were the losers.

Since Walmart sells food, it is considered essential. The Walmart in my town is not a “Super” Walmart so they don’t sell produce, meat, or fresh baked goods, but they do sell lots of other food. While I accept that food is essential, why is it that you can buy clothes at Walmart but a small clothing store must remain closed because it is non-essential? Is it safer to walk through Walmart with hundreds of others than to go into a small boutique with one or two other shoppers? Probably not? Could a clothing shop put a few bags of chips on their shelf and magically become essential? I don’t think the governor would go along with that. But why not let the big and small businesses both safely compete?

Jim Geraghty of National Review and Chad Benson of Radio America congratulate President Donald Trump for appointing more judges to regional circuit courts than any president has at this point in his term. They also criticize big businesses that are supporting Democrats in 2018 because of Trump’s trade and immigration policies. And they think the only major support for a Bill Kristol 2020 presidential campaign would come from the Kristol household.

Member Post

 

I just posted this over at RushBabe49.com. The City Council of Seattle is about to approve a ‘head tax” for large businesses in Seattle, over which they have had some opposition. But the Big Gun sounded off this afternoon, and I applaud them. Our KOMO News has been doing a great job with their reporting. […]

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Member Post

 

A couple of recent items that should gladden the hearts of our resident “free traders.” Carrier, an Indianapolis-based heating, ventilation and air conditioning company owned by United Technologies, announced it is closing a manufacturing plant in Indiana and moving production to Mexico… eliminating 1,400 American jobs. Ford Motor Company announced that it was investing over […]

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Amnesty and America’s Bottom Line—D.C. McAllister

 

As an Investor’s Business Daily editorial said at the beginning of this year, major businesses are calling for immigration reform because it’s good for their bottom lines even though it’s bad for America’s. 

Politicians and big business have colluded in the push for amnesty: “Businesses like cheap labor. And politicians like political contributions from business. So they’ve formed an unholy alliance to push the idea that costs for amnesty for illegals would outweigh the benefits. But they don’t.”