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The ultimate lesson of James J. Hill and his Great Northern Railroad is that the “winners” government picks today are the “losers” of tomorrow. A famous saying, especially prescient in times like this, is “those who do not learn from history are doomed to repeat it.” Last month, Congress mortgaged the nation’s future in a …
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A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22 percent to 175 percent using US government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners, …
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It’s being reported that part of the $2 trillion deal to bail out the economy, signed by the Senate and the White House, is that Trump family businesses cannot receive taxpayer assistance. Why is this fair? As I’ve written before, I don’t think elected officials should benefit from their office. But they shouldn’t be penalized …
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Dear John: I’m a restaurateur. As you know one of the biggest business areas affected by this coronavirus crisis is the hospitality industry. We have no way of knowing how any planned bailout is going to work — whether it’ll be fair and equitable or how long it will take to receive funding, if there …
The ultimate lesson of James J. Hill and his Great Northern Railroad is that the “winners” government picks today are the “losers” of tomorrow. A famous saying, especially prescient in times like this, is “those who do not learn from history are doomed to repeat it.” Last month, Congress mortgaged the nation’s future in a …
