I feel this is very apropos, but, alas, can’t blog on it…
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Category: Government
Low crime tax
6 shocking revelations about how private prisons make money
Private prison companies are striking deals that guarantee high prison occupancy rates
http://www.salon.com/2013/09/23/6_shocking_revelations_about_how_private_prisons_make_money_partner/
I have talked about the prison industrial complex a time or twain before so this won’t be news …
Student Loan Debacle
Ripping Off Young America: The College-Loan Scandal
The federal government has made it easier than ever to borrow money for higher education – saddling a generation with crushing debts and inflating a bubble that could bring down the economy
http://www.rollingstone.com/politics/news/ripping-off-young-america-the-college-loan-scandal-20130815…
Prisoner’s Dilemma Writ Large
The prisoner’s dilemma:
…Two members of a criminal gang are arrested and imprisoned. Each prisoner is in solitary confinement with no means of speaking to or exchanging messages with the other. The police admit they don’t have enough evidence
Ain’t it great?
Tax reform proposals to be secret for 50 years
http://money.cnn.com/2013/07/25/pf/taxes/tax-reform/index.html?hpt=hp_t3
Taking a page from the Obama (“our rationale for killing US citizens has to remain secret so the terrorists can’t take advantage of it”) playbook now the Senate is going …
Time to buy copper!
A Shuffle of Aluminum, but to Banks, Pure Gold
http://www.nytimes.com/2013/07/21/business/a-shuffle-of-aluminum-but-to-banks-pure-gold.html?pagewanted=all&_r=0
A very interesting read on how the great USofA now works. In addition to the direct tax payer transfer from the govt to special interests (no less than sixteen _trillion_ …
Lets make it even easier for people to get fleeced!
SEC lifts ban on hedge fund ads
http://www.usatoday.com/story/money/business/2013/07/10/hedge-fund-ads/2505463/
There appeared to be a brief period where, after costing the US economy at least $22 trillion dollars and probably no less than twice that in the global economy, where some regulation …
Yet another Constitutional Amendment that will go nowhere
Keep states’ hands off your right to vote
http://www.cnn.com/2013/07/10/opinion/pocan-voting-rights/index.html?hpt=hp_t4
In the list of things-that-ain’t-gonna-happen this has to rank near the top. Our government only agrees on two things: reducing privacy and giving massive taxpayer handouts to millionaires and billionaires. Other …
What happens when you put morons in charge
Federal agency spent $3 million fighting non-existent malware
http://money.cnn.com/2013/07/09/technology/security/commerce-malware/index.html?source=cnn_bin
Even more interesting than the $3 million thrown away was that the agency wanted to toss another almost $30 million after it:
…The report has a silver lining: Government watchdogs eventually
Self limiting safety net?
The Benefits of the Safety Net, Part 2
http://jaredbernsteinblog.com/the-benefits-of-the-safety-net-part-2/
I have talked about the “greatest good for the greatest number” before (that blog entry is more or less a link to here). It is my firm belief …