Thanks are due to the Wall Street Journal for running the impassioned speech of then-Sen. Barack Obama, delivered on the Senate floor, March 16, 2006: Mr. President, I rise today to talk about America’s debt problem. The fact that we are here today to debate raising America’s debt limit is a sign of leadership...
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The failed and bankrupt Los Angeles public school district is spending money like there’s no tomorrow—which for the students it’s failing to educate is unfortunately true. The school district, currently running a $640 million deficit, is spending $578 million—about $140,000 per student—on a new, 24-acre school in the middle of Los Angeles. At the...
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