Archive for the 'John Galt' Category

19
Apr
09

Obama gets credit for Hawaii's travel business woes

Ooops!

Obama himself may have contributed to what many tourism officials see as the vilification of business travel during an Indiana town hall meeting in February.

Asked about corporate spending and the federal bailout, the president said: “You can’t get corporate jets, you can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer’s dime.”

You reap what you sow.   Business are going John Galt.

In a letter to Obama last month, Gov. Linda Lingle and 95 government leaders, business owners and tourism officials urged the president to block any policies that would limit business travel in the future.

Lingle said that since Jan. 1, 132 meetings and business trips had been canceled for this year and next, representing a loss of 87,003 room nights. The cancellations amount to losses of $58.8 million in direct revenue and 694 full- and part-time jobs in the state’s tourism industry, according to the letter.

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30
Mar
09

Obama Pw3ns General Motors!

Obama administration asks General Motors CEO to resign, he accepts.  Who can blame Rick Wagoner for accepting?  Who is John Galt?

13
Mar
09

Oil Corporations Going John Galt

H/T Instapundit, oil companies are moving to Switzerland to avoid Obama’s taxes.

Yet a wave of energy companies has in the last few months announced plans to move to Switzerland — mainly for its appeal as a low-tax corporate domicile that looks relatively likely to stay out of reach ofBarack Obama‘s tax-seeking administration.