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Articles about the work of Timothy Carney

Where the Money Is
futureofcapitalism.com

If you had asked me what the richest county in America is, I'd have maybe guessed the one that includes Silicon Valley in California, or Greenwich, Conn. But Timothy Carney of the Washington Examiner reports a Forbes survey based on median income: "the richest county in the nation, and 6 of the 10 wealthiest, are DC bedroom communities....The lesson is clear: government, not the free market, is where money is made these days."

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Party of the Rich
futureofcapitalism.com

The Washington Examiner's Timothy Carney notices that of the 12 richest members of Congress, only three are Republicans, and puts that together with some other data points to argue that the stereotype of Republicans as the "party of the rich" is inaccurate.

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Voters, Not The Press, Decide Elections
futureofcapitalism.com

The ballots had barely been counted yesterday before the press was making sweeping predictions that the Tea Party candidates who won primaries would go down to defeat in general elections. You'd expect this sort of thing from the liberal outlets. Bloomberg News headlined its article, "Tea Party Success in Delaware Senate Race Increases Chance of Democrat Win." And the New York Times called Carl Paladino's victory in the gubernatorial primary in New York "a potentially destabilizing blow for New York Republicans" that "raises the possibility of a lopsided general election contest with Attorney General Andrew M. Cuomo, a Democrat, who has amassed a $24 million war chest and whose commanding lead in the polls has lent him an air of invincibility."

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Life Insurers for the Death Tax
futureofcapitalism.com

Life insurers are pushing for the estate tax on Capitol Hill so that they can then make money by selling people life insurance policies as a way of getting around the estate tax, Timothy Carney reports at the Washington Examiner:

It's stunning, even by K Street standards: The life insurance lobby spends millions to create the conditions (a high inheritance tax) from which it then promises to protect customers with its tax-free insurance products. Life insurance companies are lobbying against the interests of their own customers.

The industry hopes its 45 percent proposal (with a $3.5 million exemption), drafted by outgoing Rep. Earl Pomeroy, D-N.D., can make it into the House bill after the Senate bill set a 35 percent rate and $5 million exemption. Pomeroy said he will vote against the tax bill without his estate tax provision.

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Revolving Door Senators
futureofcapitalism.com

Private sector job-creation! Two outgoing senators, Republican Robert Bennett of Utah and Democrat Byron Dorgan of North Dakota, are going to work for Washington law and lobbying firm Arent Fox, the Washington Examiner's Timothy Carney reports.

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The Anti-Koch Protest
futureofcapitalism.com

A New York Times article on a protest in California outside a meeting that involved Charles and David Koch includes the following:

"You don't very often get a chance to be across the street from a bunch of billionaires who are scheming to do things against our democracy," said Kathy Clearly, 63, a retired schoolteacher who arrived by bus from Los Angeles and brandished a protest sign at the rally.

"Scheming to do things against our democracy" is quite a charge, but the Times article carries no evidence of it.

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Soros's Green Energy Fund
futureofcapitalism.com

George Soros has hired Cathy Zoi, who was President Obama's Acting Under Secretary for Energy and Assistant Secretary for Energy Efficiency and Renewable Energy, to run a fund investing in green energy. More private sector job creation!

Timothy Carney has details, as does John Carney.

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Gregg to Goldman Sachs
futureofcapitalism.com

Judd Gregg, who was the top Republican on the Senate Appropriations; Banking, Housing and Urban Affairs; and Health, Education, Labor and Pensions committees, is going to work for Goldman Sachs, reports the Washington Examiner's Timothy Carney, who keeps a close eye on the revolving door.

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John Bryson
futureofcapitalism.com

The Washington Examiner's Timothy Carney has an article about President Obama's choice for commerce secretary, John Bryson, writing that Mr. Bryson has made a career in "the government-directed economy, where businesses profit by working hand-in-hand with politicians and bureaucrats."

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Timothy Carney on Rick Perry
futureofcapitalism.com

The Washington Examiner's Timothy Carney has a column with the negatives on Governor Perry: "his policies -- from backroom drug company giveaways to green energy subsidies -- eerily mirror the unseemly big business-big government collusion that has characterized President Obama's presidency. Judging by his record in Texas, Perrynomics might just be low-tax Obamanomics." Well, if the choice is between Obama's high-tax — I mean, "balanced" — Obamanomics and Perry's low-tax Obamanomics, there will be a lot of takers for the low-tax Obamanomics. And Governor Perry would probably say he sees the role of a governor as different from the role of a president, because he's for moving government power closer to the people it affects rather than centralizing it in a powerful Washington.

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Timothy Carney on Steve Jobs
futureofcapitalism.com

The Washington Examiner's Timothy Carney has an item pointing out that Apple never started a political action committee, and that its Washington lobbying spending was small relative to other technology companies. He writes: "It takes the courage that your own ideas can thrive in a market, without protective regulation or handouts."

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Carney on the Revolving Door
futureofcapitalism.com

Timothy Carney's column in the Washington examiner focuses on the latest set of spins through the revolving door: "This is the way of Washington. Use public power to subsidize an industry, then go to work for that industry."

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Carney on the Revolving Door
futureofcapitalism.com

Timothy Carney's column in the Washington examiner focuses on the latest set of spins through the revolving door: "This is the way of Washington. Use public power to subsidize an industry, then go to work for that industry."

Read More...


Timothy Carney on Steve Jobs
futureofcapitalism.com

The Washington Examiner's Timothy Carney has an item pointing out that Apple never started a political action committee, and that its Washington lobbying spending was small relative to other technology companies. He writes: "It takes the courage that your own ideas can thrive in a market, without protective regulation or handouts."

Read More...


Timothy Carney on Rick Perry
futureofcapitalism.com

The Washington Examiner's Timothy Carney has a column with the negatives on Governor Perry: "his policies -- from backroom drug company giveaways to green energy subsidies -- eerily mirror the unseemly big business-big government collusion that has characterized President Obama's presidency. Judging by his record in Texas, Perrynomics might just be low-tax Obamanomics." Well, if the choice is between Obama's high-tax — I mean, "balanced" — Obamanomics and Perry's low-tax Obamanomics, there will be a lot of takers for the low-tax Obamanomics. And Governor Perry would probably say he sees the role of a governor as different from the role of a president, because he's for moving government power closer to the people it affects rather than centralizing it in a powerful Washington.

Read More...


Where the Money Is
futureofcapitalism.com

If you had asked me what the richest county in America is, I'd have maybe guessed the one that includes Silicon Valley in California, or Greenwich, Conn. But Timothy Carney of the Washington Examiner reports a Forbes survey based on median income: "the richest county in the nation, and 6 of the 10 wealthiest, are DC bedroom communities....The lesson is clear: government, not the free market, is where money is made these days."

Read More...


Party of the Rich
futureofcapitalism.com

The Washington Examiner's Timothy Carney notices that of the 12 richest members of Congress, only three are Republicans, and puts that together with some other data points to argue that the stereotype of Republicans as the "party of the rich" is inaccurate.

Read More...


Voters, Not The Press, Decide Elections
futureofcapitalism.com

The ballots had barely been counted yesterday before the press was making sweeping predictions that the Tea Party candidates who won primaries would go down to defeat in general elections. You'd expect this sort of thing from the liberal outlets. Bloomberg News headlined its article, "Tea Party Success in Delaware Senate Race Increases Chance of Democrat Win." And the New York Times called Carl Paladino's victory in the gubernatorial primary in New York "a potentially destabilizing blow for New York Republicans" that "raises the possibility of a lopsided general election contest with Attorney General Andrew M. Cuomo, a Democrat, who has amassed a $24 million war chest and whose commanding lead in the polls has lent him an air of invincibility."

Read More...


Life Insurers for the Death Tax
futureofcapitalism.com

Life insurers are pushing for the estate tax on Capitol Hill so that they can then make money by selling people life insurance policies as a way of getting around the estate tax, Timothy Carney reports at the Washington Examiner:

It's stunning, even by K Street standards: The life insurance lobby spends millions to create the conditions (a high inheritance tax) from which it then promises to protect customers with its tax-free insurance products. Life insurance companies are lobbying against the interests of their own customers.

The industry hopes its 45 percent proposal (with a $3.5 million exemption), drafted by outgoing Rep. Earl Pomeroy, D-N.D., can make it into the House bill after the Senate bill set a 35 percent rate and $5 million exemption. Pomeroy said he will vote against the tax bill without his estate tax provision.

Read More...


Revolving Door Senators
futureofcapitalism.com

Private sector job-creation! Two outgoing senators, Republican Robert Bennett of Utah and Democrat Byron Dorgan of North Dakota, are going to work for Washington law and lobbying firm Arent Fox, the Washington Examiner's Timothy Carney reports.

Read More...


The Anti-Koch Protest
futureofcapitalism.com

A New York Times article on a protest in California outside a meeting that involved Charles and David Koch includes the following:

"You don't very often get a chance to be across the street from a bunch of billionaires who are scheming to do things against our democracy," said Kathy Clearly, 63, a retired schoolteacher who arrived by bus from Los Angeles and brandished a protest sign at the rally.

"Scheming to do things against our democracy" is quite a charge, but the Times article carries no evidence of it.

Read More...


Soros's Green Energy Fund
futureofcapitalism.com

George Soros has hired Cathy Zoi, who was President Obama's Acting Under Secretary for Energy and Assistant Secretary for Energy Efficiency and Renewable Energy, to run a fund investing in green energy. More private sector job creation!

Timothy Carney has details, as does John Carney.

Read More...


Gregg to Goldman Sachs
futureofcapitalism.com

Judd Gregg, who was the top Republican on the Senate Appropriations; Banking, Housing and Urban Affairs; and Health, Education, Labor and Pensions committees, is going to work for Goldman Sachs, reports the Washington Examiner's Timothy Carney, who keeps a close eye on the revolving door.

Read More...


John Bryson
futureofcapitalism.com

The Washington Examiner's Timothy Carney has an article about President Obama's choice for commerce secretary, John Bryson, writing that Mr. Bryson has made a career in "the government-directed economy, where businesses profit by working hand-in-hand with politicians and bureaucrats."

Read More...


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Timothy Carney

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