Another MAJOR ‘wealth transfer’ from taxpayers, to non-payers. An absolute crock… ======= By Josh Mitchell And Katy Stech March 10, 2015 12:17 p.m. ET WASHINGTON—The White House said Tuesday it is weighing whether to make it easier for Americans to discharge student loans through bankruptcy, a major change that would effectively open the door for student debt being treated on par with credit-card debt... Read more
Archive for the ‘Socialism’ Category
Bankruptcy Options for Student-Loans??
March 10 | Posted by mrossol | American Thought, Education, Obama, Socialism, The Left, US DebtThe CEOs Behind the Obamanet
March 7 | Posted by mrossol | Big Govt, Obama, SocialismI’m thinking that these bright folks will eventually “get it” – although it may not be soon enough. ========= March 4, 2015 7:01 p.m. ET The Federal Communications Commission exists in theory to house experts who can make informed, independent decisions on how to govern the communications industry. But that isn’t how government works in practice, as we are learning from last... Read more
Debt-Saddled Municipal Budgets Get a Lifeline
March 7 | Posted by mrossol | American Thought, SocialismFinally some realism in the realm of municipal finance. ========= By Robert C. Pozen And Ronald J. Gilson While underfunded public-employee pensions capture the headlines, health-insurance benefits for retired state and local workers are also a huge problem. But a recent ruling by the Supreme Court may help state and local governments scale back these benefits. Unlike public pension plans, retiree health benefits aren’t... Read more
The Worldview that Makes the Underclass
December 29 | Posted by mrossol | American Thought, Big Govt, Economics, SocialismThis is a rather long piece, but it is well worth your time. “Where there’s smoke, there’s fire.” Reading this, its almost impossible to see from one paragraph to the next for all the smoke. ================= The following is adapted from a speech delivered on May 20, 2014, at a Hillsdale College National Leadership Seminar in Dearborn, Michigan. I worked for 15 years... Read more
Urban Rioting
December 29 | Posted by mrossol | American Thought, Socialism, US CourtsEdward Banfield on urban rioting in the 1960s in “The Unheavenly City” (1968): The rioters knew they had little or nothing to fear from the police and the courts. Under the pressure of the civil rights movement and of court decisions and as the result of the growing ‘professionalism’ of police administrators . . . the patrolman’s discretion in the use... Read more
UVA, Ferguson and Media Failure
December 11 | Posted by mrossol | American Thought, SocialismNo one is surprised. ===== In March 2007 the New York Times Magazine ran a stunning 12,000-word cover story on the subject of “The Women’s War.” It told the story of several female veterans of the war in Iraq, of the sexual assault some had endured in the military, and of their subsequent struggles with alcoholism, depression, PTSD and other effects of... Read more
