Capitalism – R.I.P.

From Atlas Shruggs…..

Last week, the Department of Health and Human Services announced its intention to bar veteran CEO Howard Solomon from the operations of his employer, Forest Laboratories, Inc. If Forest chooses not to fire Mr. Solomon it will lose its ability to sell its pharmaceuticals to Medicare, Medicaid, and the Veterans Administration. The demand came weeks after Forest and HHS settled allegations that the drug maker had improperly marketed its antidepressants Celexa and Lexapro.
Two weeks ago, Shell Oil Company abandoned efforts to drill in the Arctic Ocean after spending five years and $4.4 billion, largely on leases to the federal government. The EPA’s Environmental Appeals Board decided to withhold the air permits Shell needs to continue. Meanwhile, the U.S. Treasury’s Export-Import Bank subsidizes drilling by Shell competitor Petrobras, in Brazil.

Last month, the National Labor Relations Board sued to keep Boeing from building its new 787 Dreamliner in right-to-work states, which could cost Boeing its $2 billion investment and South Carolinians more than 1,000 jobs.

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