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Super Bowl Shows Value of Losing
The Seahawks' dominance last night put Pete Carroll "in an elite circle of the all-time greatest football coaches," but he wasn't always held in such high esteem, writes John Tamny at Forbes . "Failure...
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US Quietly Earmarks Money for ObamaCare Insurers
ObamaCare just became a win-win proposition for insurance companies. Tucked into hundreds of pages of new rulings on the Affordable Care Act last week was a promise to pay insurers for any losses they...
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Feds: No Bailout for Puerto Rico
Puerto Rico can't pay its debts , and the federal government has made it clear that it's not going to shell out $72 billion to cover them. "There is no one in the administration or in DC federal...
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Site of US' Worst Nuke Meltdown Would Like a Bailout
The owner of Three Mile Island, site of the worst US commercial nuclear power accident, says it'll shut the plant in 2019 without a financial rescue from Pennsylvania. Exelon Corp.'s move comes after...
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The World's 'Biggest-Ever Financial Rescue' Is Over
"I wake up in the morning to a nightmare. How will I manage my finances and my responsibilities? This is what I wake up to every morning." That reality is not set to change for Yorgos Vagelakos, an...
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Before We Bail Out Airlines, Let's Change the Rules
Nobody is using the word "bailout" yet, but it's just a matter of time before the government acts to shore up the US airline industry in the midst of the coronavirus outbreak, writes Tim Wu in the New...
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Airlines Ask US for $50B
"We’re going to be in a position to help the airlines very much," President Trump said Monday when asked about possible government aid in the wake of the huge drop in passenger bookings. The airlines...
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GOP Stimulus Plan: $1.2K for Adults, $500 Per Child
Senate Majority Leader Mitch McConnell on Thursday presented the third part of the legislation intended to help the economy recover from the pandemic, built around payments of $1,200 to anyone with an...
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White House to USPS: No Bailout for You
The Postal Service is in serious need of money; marketing and first-class mail have dried up since the pandemic began. And the $2.2 trillion economic stimulus package obliged, until President Trump...
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