Front Page » Table of Contents » Archive: Business: June 2011


elephant-on-his-head.jpgBASEHOR, Kan. - The poor Republicans. They've been in such a hurry to run to the microphone to denounce anything that runs afoul of their cherished "no taxes, no regulation" ideology that they've neglected to notice that they're increasingly becoming irrelevant as a party of ideas. In a sign that those cracks are growing ever larger, Senator Tom Coburn, (R) Oklahoma, submitted a bill for consideration that would eliminate tax subsidies for the ethanol boondoggle, something that Grover Norquist, head of Americans for Tax Reform, said amounted to a tax increase.

Fareed Zakaria, in his recent Time Magazine opinion piece, wrote about conservatives' outmoded ideology, saying,

Consider the debates over the economy. The Republican prescription is to cut taxes and slash government spending -- then things will bounce back. Now, I would like to see lower rates in the context of tax simplification and reform, but what is the evidence that tax cuts are the best path to revive the U.S. economy? Taxes -- federal and state combined -- as a percentage of GDP are at their lowest level since 1950. The U.S. is among the lowest taxed of the big industrial economies. So the case that America is grinding to a halt because of high taxation is not based on facts but is simply a theoretical assertion. The rich countries that are in the best shape right now, with strong growth and low unemployment, are ones like Germany and Denmark, neither one characterized by low taxes.

WICHITA, Kan. - George W. Bush has been invited to speak before the Wichita Chamber of Commerce on November 3rd, 2011.

Citizen activists in Wichita are outraged by the decision to invite Bush. It does appear to be a rather puzzling choice. The Chamber is either suffering from acute amnesia or else does not truly believe in its own goals of creating a positive and strong economic climate by electing "pro-business" candidates since it has no problem inviting a former official who nearly drove the American economy over the cliff.

Bush not only created the nation's crippling deficit by committing troops to fight in two extremely expensive wars, but also gave tax breaks to the most wealthy in society. On top of these grave errors, the banking industry and financial institutions like Goldman Sachs and Lehman Brothers were running wild with their derivatives scheme by passing off bad mortgages to another company and making their cut until the bubble burst and the scheme was realized. Even as companies were run aground and people evicted from their homes, the CEOs of the very companies that had created the financial meltdown were awarded huge bonuses for their incompetence and thievery. This pathetic story of greed and more greed continues to threaten any real economic stability and financial recovery in America.

We have more! This page only lists entries in a particular month. We encourage you to look back through our archives in this same category.

The previous archive is Business: May 2011. The next archive is Business: August 2011.

If you want to browse other topics, you can also check our Table of Contents. The most current posts can always be found on our Front Page.


Our sponsors help us stay online to serve you. Thank you for doing your part! By using the specific links below (clicking through from our site) to start any of your online shopping, you are making a tremendous difference. By using the shopping links provided on a Kansas Free Press page, you are directly helping to support the Kansas Free Press:



About This Page

This is an archive page containing all of the stories posted to Kansas Free Press in one particular topic in a particular month. These stories were published in the Business: June 2011 section.

The previous archive is Business: May 2011. The next archive is Business: August 2011.

The most current posts can always be found on our Front Page.

Other Archives

Interested in other topics? You may wish to poke around in our Table of Contents to find other sections and archives.

Do you want to explore pieces written by specific authors? You can find archives for KFP writers by reviewing our complete Directory of Authors and Writers here.

News and Opinion





Get Connected

See our FB page!
Subscribe for free!
[Feeds & Readers...]
Follow Kansas Free Press on Twitter, too!
Make Kansas Free Press your home page!

Journalists, sign in.

We're reader supported!

Whenever you use the specific links below to begin any of your online shopping, a portion of your sale goes directly towards the support of this site.

Tech Depot - An Office Depot Co.


Our sponsors help us stay online to serve you. Thank you for doing your part! By using the specific links above (clicking through from our site) to start any of your online shopping, you are making a tremendous difference. By using the shopping links provided on a Kansas Free Press page, you are directly helping to support the Kansas Free Press.

Thank you for your help!

Notices & Policies

All of our Kansas Free Press journalists are delighted that you are here. We all hope that you come here often, sign in and leave us comments, and become an active part of our community. Welcome!

Our writers are credentialed after referral to, and approval by, the editor/publisher of KansasFreePress.com. If you are interested in writing with us, please feel free to let us know here. We are always looking for Kansans who want to write about Kansas!

All authors here retain their own copyrights for their original written works, original photographs and art works. They welcome others to copy, reference or quote from the content of their stories, provided that the reprints include obvious author and website attribution and links to the original page, in accordance with this publication's Creative Commons License.

Our editor primarily reviews stories for spelling, grammar, punctuation and formatting and is not liable or responsible for the opinions expressed by individual authors. The opinions and accuracy of information in the individual stories on this site are the sole responsibility of each of the individual authors. For complete site policies, including privacy, see our Frequently Asked Questions. This site is designed, maintained, and owned by its publisher, Everyday Citizen Media. The Kansas Free Press, KansasFreePress.com, and Kansas Free Press are trademarked names.

© Copyright, 2008-2012, all rights reserved, unless otherwise specified, first by the respective author, and then by KFP's publisher and owner for any otherwise unreserved and all other content.