Acton Institute Powerblog Archives

Post Tagged 'bailout'

Work as Service and Servant

I recently pondered what might come of the global economy if we were to to put God at the forefront of our motives and decision-making. The question came as a reaction to Tim Keller, whose recent book calls on Christians to challenge their views about work. Continue Reading...

Creeping Crony Corporatism

In this week’s Acton Commentary, “Corrupted Capitalism and the Housing Crisis,” I contend we need to add some categories to our thinking about political economy. In this case, the idea of “corporatism” helps understand a good deal of what we see in the American system today. Continue Reading...

Samuel Gregg: Obama SOTU full of ‘hot air, populism, contradictory promises’

Over at National Review Online, Acton Research Director Samuel Gregg recaps President Obama’s State of the Union address: There is always something surreal about a Chicago politician talking about “fairness” and “playing by the rules.” There is something even more bizarre about a president talking about the need to expand energy production after his administration has generally undermined significant progress in facilitating energy development for three years in the middle of a recession. Continue Reading...

PBR: Government Bailout Control

It made headlines last week when General Motors CEO Rick Wagoner was asked to resign by representatives of President Obama. Fritz Henderson, G.M. President, was announced as Wagoner’s successor to the top spot in the troubled car-manufacturer. Continue Reading...

More on ‘The Moral Bankruptcy Behind the Bailouts’

“Government budgets are moral documents,” is the often quoted line from Jim Wallis of Sojourners and other religious left leaders. Wallis also adds that “When politicians present their budgets, they are really presenting their priorities.” There is perhaps no better example of a spending bill lacking moral soundness than the current stimulus package being debated in the U.S. Continue Reading...

The Naughty List

You can view the most recent list of those companies that have received bailout assistance from the federal government via the Emergency Economic Stabilization Act of 2008 (EESA), executed through measures like the Troubled Asset Relief Program (TARP), here (PDF updated 12/16/08). Continue Reading...

The Common Sense Fix

Dave Ramsey’s got a three step plan to “change the nation’s future.” He’s calling it “The Common Sense Fix” (PDF). Here’s Dave’s prediction: Whichever presidential candidate or political party that champions this plan from their leadership down will likely become the next president. Continue Reading...