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An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation. - John Marshall, McCullough v. Maryland, 1819

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Liberty Forever

Our goal is to positively influence our readers by presenting accurate, reliable information regarding the formative stages of our country as well as current national events. About Lux Libertas...

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  By John Frisby • May 1st, 2009 • Category: Economics, Ethics, Politics, Presidency

April 30, 2009
By ZACHERY KOUWE

Peter A. Weinberg and Joseph R. Perella are part of a band of Wall Street renegades — “a small group of speculators,” President Obama called them Thursday — who helped bankrupt Chrysler.
That, anyway, is the Washington line.
In fact, Mr. Weinberg and Mr. Perella, with sparkling Wall Street pedigrees, are the epitome [...]