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If you have been hanging around here, you would be aware of the problems of Central Falls, RI, about which I’ve been posting since March. So it will come as no surprise that Central Falls, weighed down by unsustainable union contracts and pension costs made...

Someone please tell me why I fall for it every time. Paul Krugman, Nobel Prize Winner Extraordinaire™ (NPWE), writes a biased rant against anything that smacks of fiscal conservatism, and I get all worked up. The latest is Krugman’s attack on how fiscal conservatives, who...

As a big fan of capitalism, I am fascinated by the concept of crowdfunding, whereby individuals network and pool their money via websites to support potentially profitable enterprises initiated by savvy entrepreneurs. It’s small-scale venture capitalism! Perhaps the best known crowdfunding enterprise is Kickstarter, which...

Did you hear, all that talk about being fiscally conservative really is just a Cloward-Piven strategy in reverse.  Rather than overwhelming the system with debt, entitlements, welfare by another name, and dependence upon government, conservatives are seeking to underwhelm the system. With a usual flair for the dramatic,...

A California appeals court has upheld an Order by Gov. Arnold Schwarzennager temporarily cutting state employees back to the federal minimum wage since the California legislature has not passed a budget and is facing a $19 billion annual deficit. As reported in The San Francisco...

Public sector unions just won a huge victory in Rhode Island, with the signing into law of legislation denying municipalities the ability to file for state receivership as a means of renegotiating unsustainable union contracts. I previously highlighted the state receivership filing by the City...

Another “emergency” and pending “catastrophe” is being used to justify more federal government spending to support unsustainable teachers’ union contracts: Education Secretary Arne Duncan says President Obama “absolutely supports” a congressional proposal for $23 billion in emergency education spending in order to stave off teacher...
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