The Government DIDN’T Build THAT!

July 20, 2012 in Ed Willing

By Ed Willing   SUCCESS STORIES OF GOVERNMENT “INVESTMENT”: Solyndra – Founded in 2005; received $528 million in government subsidies in 2009. Result: Bankrupt in 2011. The Chinese and others made solar panels better and cheaper.   Samuel Langley – Tried to build first airplane in history. In 1900, U.S. government funded two flight attempts. Result: Both times, Langley crashed his plane into the Potomac River. Shortly thereafter, the Wright brothers flew a plane with their own money. Union Pacific Railroad – Founded in early 1860s with government money to build part of a transcontinental railroad. Result: Bankrupt, and some officers of the railroad convicted of bribing Congressmen. JJ Hill and The Great Northern Railroad then built a transcontinental railroad with no corruption and no federal subsidies. Edward Collins Steamship Company – Founded in 1840s to go from New York to England, and also received government subsidies in 1840s and 1850s. [...]

Free Markets + Foreign Policy = Trade Zone Containment

February 23, 2012 in Contributors, Ed Willing, Foreign Relations/Treaties, International Trade, National Defense, Restoring Country

By Ed Willing - Executive Director, Senior Editor “Some day, following the example of the United States of America, there will be a United States of Europe.” – George Washington For 100 years, the United States has taken living on this planet for granted; we have been the leader in culture, economic growth and military security. That changed over the last two decades as we’ve lost our focus, our discipline and our spirit as a free people. The world that once loved to be like America has turned into an adversary of it. Something must be done at home before it can be expected abroad. Our economic might won WWII, destroyed Communism and created the largest middle class and wealthiest upper classes in the history of mankind, lifting millions out of poverty and creating a world where even the poor have alternatives to starvation and homelessness like nowhere else. We watched [...]