Banks to Fund Bailout of…Themselves

Posted by Joseph Y. Calhoun, III

Maybe I’m just a simple country boy, but this seems like the dumbest idea I’ve seen since….well I’m not sure when, but certainly a long time:
NEW YORK (AP) — The nation’s three largest banks said Monday they will team up to buy tens of billions of dollars in investments that lost value after global credit [...]

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A Path to Socialized Medicine?

Posted by Marcelo Perez

Congress recently passed a bipartisan bill with a goal of providing subsidized healthcare to millions of uninsured children in the US. The bill would fund the hugely successful State Children’s Health Insurance Program, a joint state-federal effort covering 6.6 million people. The program is designed for families that earn too much to qualify [...]

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