Behold Mark Cuban – a wildly successful entrepreneur. He in 1995 co-founded Broadcast.com – and in 1999 Yahoo! way overpaid $5.7 billion for it. Ever since, Cuban has in Donald Trump-like fashion built himself into a brand – The Entrepreneur. Like Trump, he loves embodying the pursuit of professional victories. Like Trump, he turned his doing-business-vision into a high-ratings network television show (well, Trump turned his into two).
Yet another ongoing government authoritarian problem is the rampant abuse of civil forfeiture. Which is where federal, state and local Leviathans seize personal property of all sorts. Often when someone is merely suspected of – not charged with – a crime. Often when the tie between the property and any criminal activity is at best tangential.
Regulations have a way of growing like weeds: unless they are rooted out, they spread. Regulatory compliance has always been a headache for small business owners who do not enjoy the cozy relationships with big government that large corporations often develop. In fact, they are frequently ignored by legislators both in Washington and in the states. John Lieber, chief economist of Thumbtack, recently joined Heartland’s own Steve Stanek for a talk on the business climate in America today. Thumbtack is an online marketplace that brings together service providers and consumers who can negotiate and organize jobs.
Thank God for Big Government. What would we do without someone to keep us from eating Happy Meals, protect us from lemonade stands, and stop us from getting an unregulated[…]