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Auto Bailout or UAW Bailout?

The Treasury Department expects taxpayers to ultimately lose more than $20 billion on the Detroit auto bailout. President Obama defends those losses as necessary to prevent the domestic auto industry ...
Politics & Policy

Check that Checkbook

Before sending a check to your alma mater this year, know this about higher education: America’s wealthy and elite universities are convinced that you need them more than they need ...
Politics & Policy

Credit Worthy

There are “special interests” on both sides of the bankruptcy bill. #ad#Yesterday I wrote to defend a bankruptcy bill that has been unfairly maligned throughout the press and blogosphere. Today I’m ...
Politics & Policy

Bankrupt Criticisms

For eight years, Congress has attempted to enact comprehensive bankruptcy-reform legislation, but has been frustrated by extraneous issues and procedural difficulties. Last week, by a vote of 74-25, the United ...