The Illinois Policy Institute hosts “Obamanomics” author, Tim P. Carney

The Illinois Policy Institute — a nonpartisan research organization headed by CEO Jim Tillman and dedicated to supporting free market principles and liberty-based pubic policy – -  featured “Obamanomics” author and Washington Examiner columnist, Tim Carney, on Wednesday, February 24.   This is Mr. Carney’s second book.  His first book — “The Big Ripoff:  How Big Business and Big Government Steal Your Money” — won the Templeton Enterprise Award from the Intercollegiate Studies Institute and the 2006 Lysander Spooner Award for the “best book on liberty.” 

The event was attended by sixty individuals, who enjoyed cocktails and appetizers in the beautiful 40th Floor Liberty Library at 190 South LaSalle Street before the introduction of Tim Carney. 

As indicated by the subtitle of “Obamanomics:  How Barack Obama is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses.”  the theme of Carney’s remarks centered around the concept of  As Government Grows. . . Who Gets Rich?  As explained by Mr. Carney, every time the government gets bigger someone is getting richer.  Instead of this wealth going to taxpayers, entrepreneurs, and consumers, it is going to large corporations and unions such as Goldman Sachs, GE, Pfizer and the United Auto workers .  It is ironic, but not surprising, that the same “special interests” President Barack Obama lambasted on the campaign trail are now profiting handsomely from the big government polices now dominating Washington, D.C. 

Tim Carney told of backroom deals with drug companies in the great health care scam, the buying off of industries with a pork-filled “Cap and Trade” bill to promote the Global Warming Hoax, and the bailing out of Goldman Sachs who has a heavy presence in the West Wing (including Rahm Emanuel). 

In his book Tim Carney, as an investigative reporter, has dug up informtion ignored by the mainstream media and which the White House had hoped to keep hidden.   Under the guise of battling corporate America, Obama is really delivering corporate socialism to America through corporate welfare and oppressive regulations. 

Books were available for sale and signing at the event.  In purchasing my copy of “Obamanomics” to be signed by Tim Carney, I noticed that the foreword was by Ron Paul.  Curious, I asked Mr. Carney why Ron Paul was chosen given his questionable positions, especially on the issue of national defense?  Carney’s answer:  “Ron Paul is the only legislator in Congress who has consistently voted against all tax increases and bank bailouts.”

Registration for the event was handled by KatieTruesdell, Manager of External Relations at the Illinois Policy Institute (www.illinoispolicy.org).