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May: Al Qaeda vs. Hezbollah Harvard Health Letters: Fighting back against allergy season Kimberly Lankford: Grandparents who use FSA to cover grandkid's braces and other must-know info Jewz in the Newz by Nate Bloom:J ewish Tony Nominees/Tony Awards; Jewish Teen Actor In Sci-Fi Flick; Jewish singer in "Voice" finals The Kosher Gourmet by Anjali Prasertong: A tart filling so good it might not make it to the crust June 5, 2013 John Rosemond: Mom, Dad: Talk More and listen less Kristen Chick: Egypt court sentences 43 pro-democracy workers to prison Sharon Palmer, R.D.: Mushrooms Have Medicinal As Well As Culinary Value Morgan Housel: Why you never learn from your investment mistakes Don Lee: In China, kindergarten rivalry takes deadly turn The Kosher Gourmet by Sara Kate Gillingham-Ryan: 30-Minute Coq au Vin isn't a dream June 3, 2013 Molly Hennessy-Fiske: Military judge to consider letting Fort Hood shooting defendant represent himself Richard A. Serrano: Pvt. Bradley Manning's WikiLeaks trial also a test for government Mark Trumbull: Have degree, driving cab: Nearly half of college grads are overqualified Kim Lankford: What to do when long-term care insurance premiums rise Deborah Netburn: Study: Adults' mouth bacteria may help babies Jewz in the Newz by Nate Bloom: Jewish Contestant on 'The Voice'; Will Smith's 'Jewish movie family'; Bravo Gives Long Island Jews the Jersey Shore Treatment; Magicians and More The Kosher Gourmet by Bill Ward: How to be as refined as the wines at a wine tasting May 29, 2013 Andrew Connelly and Helene Bienvenu: The Little Synagogue that Refused to Die Dennis Prager: The 'Muslims-Killed-by-the-West' Lie David Clark Scott: Open war on teachers? 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Jewish World Review Sept. 27, 2006 / 5 Tishrei, 5767 Big business loves government By John Stossel http://www.JewishWorldReview.com | I keep reading that big business wants government off its back. But that's a myth. Here's the truth: "[B]ig business and big government prosper from the perception that they are rivals instead of partners (in plunder). The history of big business is one of cooperation with big government." That's Timothy Carney writing in a recent Cato Policy Report. He's the author of a new book, "The Big Ripoff: How Big Business and Big Government Steal Your Money." Carney's book shows that government and business are not antagonists but allies. They've always been allies. Politicians like it that way because they get power and prestige, and businessmen like it because they get protection from competition. There was never a time in America when big business didn't get favors from government, which means the taxpayers. Canal and railroad companies loved the big government contracts. Corruption was rampant, and work was often shoddy, but the contracts paid handsomely. The politicians prospered, too. Only taxpayers and consumers lost out. The history books say that during the Progressive era, government trustbusters reined in business. Nonsense. Progressive "reforms" — railroad regulation, meat inspection, drug certification and the rest — were done at the behest of big companies that wanted competition managed. They knew regulation would burden smaller companies more than themselves. The strategy works. Regulation isn't the only form of protection that big business gets from government. Companies with political clout get cash subsidies, low-interest loans, loan guarantees and barriers to cheap imports. Even foreign aid is a subsidy to big business because governments receiving the taxpayers' money buy American exports. Fans of foreign aid say those exports are good for the economy because they create jobs. Don't believe it. If the taxpayers had been able to keep the money, their spending would have created other jobs — probably more jobs. Most people don't realize that Enron favored the Kyoto Protocol on climate change and wanted energy regulations beneficial to itself; Philip Morris favors tobacco regulation; Wal-Mart's CEO came out for a higher minimum wage; and General Motors embraces tough clean-air rules. Why? Because, as Carney points out, big companies with lots of lawyers and accountants can make the regulations work for themselves, while smaller competitors are hampered. BUY THE BOOK Click HERE to purchase it at a discount. (Sales help fund JWR.). Carney's is not the first book to bash big business. What makes his different is that rather than opposing the free market, he loves it — which is why he hates the business-government alliance. In a free market the consumer calls the shots. In the corporate state the business-government alliance restricts consumer choice. Another friend of the free market hated the business-government alliance: Adam Smith. In "The Wealth of Nations" Smith wrote, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the publick. . . . But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary." There's where things went wrong. The government does facilitate such assemblies. More than that, it provides big business something it can't have in the free market: the power to restrict competition by force. Anyone worried about the power of big business should remember real coercion comes only from government. The voluntary, competitive marketplace is better for us all. Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. JUST OUT FROM STOSSEL Myths, Lies and Downright Stupidity: Get Out the Shovel --- Why Everything You Know Is Wrong   Stossel mines his 20/20 segments for often engaging challenges to conventional wisdom, presenting a series of "myths" and then deploying an investigative journalism shovel to unearth "truth." This results in snappy debunkings of alarmism, witch-hunts, satanic ritual abuse prosecutions and marketing hokum like the irradiated-foods panic, homeopathic medicine and the notion that bottled water beats tap. Stossel's libertarian convictions make him particularly fond of exposes of government waste and regulatory fiascoes. Sales help fund JWR. JWR contributor John Stossel is co-anchor of ABC News' "20/20." To comment, please click here. Archives © 2006, by JFS Productions, Inc. Distributed by Creators Syndicate, Inc.

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