Archive for October, 2015

Duncan Departs, but Federal Education Waste Lives On


Wednesday October 7th, 2015   •   Posted by K. Lloyd Billingsley at 5:14am PST   •   0 Comments

Arne Duncan is stepping down as federal Education Secretary, but the Washington Post news story of almost 3,000 words left out some key details. Duncan, one of the president’s Chicago pals, has been the federal point man against school choice. As we noted, the current president, like Bill Clinton and Jimmy Carter before him,...
Read More »

Government Predatory Lending


Tuesday October 6th, 2015   •   Posted by K. Lloyd Billingsley at 5:26am PST   •   0 Comments

Politicians and pundits like to decry predatory lending, the practice of private banks and credit card companies preying on poor and vulnerable people. Indeed a new federal agency, the Consumer Financial Protection Bureau, was recently established to ride herd on private lenders. As Brad Branan of the Sacramento Bee shows, the worst offenders would...
Read More »

Which State Is the Worst Off Because of Debt?


Monday October 5th, 2015   •   Posted by Craig Eyermann at 6:45am PST   •   1 Comment

Last week, we considered what your share of your state’s debt is. Today, we’re going to find out which state is in the worst situation with respect to its debt! Before we go any farther, let’s consider what we mean by worst off. While having the largest debt per capita is not a good...
Read More »

What’s Your Share of Your State’s Debt?


Thursday October 1st, 2015   •   Posted by Craig Eyermann at 6:16am PST   •   0 Comments

The following chart appeared in a Bloomberg article several weeks ago comparing the size of all-but-completely-bankrupt U.S. territory Puerto Rico with the 50 states. You might want to click on the image to see a larger one to see how your state ranks. Bloomberg explains the numbers: Puerto Rico’s debt per capita of $15,637...
Read More »

Facebook Twitter Youtube RSS

Search MyGovCost