Archive for April, 2010
Economic meltdown gives us occasion to consider corporate welfare vs. personal charity
In late April President Obama, his treasury secretary Tim Geithner and others ratcheted up pressure in Congress to assign new regulatory powers to the Federal Reserve System “to guard against the types of risks that could bring down the entire system.” The so-called “too big to fail” bailout bill echoed language we’ve heard all
More Articles
Time for prison reform?
States are so burdened by their debts and unmeetable obligations to state pensioners and welfare recipients that they have begun to release many inmates in their prisons. As the recession intensifies, California is a noted example of an IOU-saddled state emptying prisons which it is unable to keep up.
