A very cool YouTube video from Burton Folsom on why private investors are so much more successful at realizing technological achievements than are the kinds of schemes that are subsidized by the government: In addition to being very personally invested in the outcome of their endeavors, there is also a big difference in the…
Read More »
As we noted in March, the Sacramento headquarters of the California State Board of Equalization, known among reporters as a “24-story money pit,” sprung two leaks during heavy rains. Floors 10 and 22 both had a history of leaks and other troubles, but these were apparently unaddressed, despite more than 20 reports calling for…
Read More »
On a recent trip, this writer found that employees of the federal Transportation Security Administration were courteous and professional, but that is not always the case. As we noted, the TSA sometimes forces passengers through the screening process twice on the same trip, before a connecting flight, with no warning and no explanation. So…
Read More »
The U.S. Department of Housing and Urban Development (HUD) has the mission to “create strong, sustainable, inclusive communities and quality affordable homes for all.” To do that, the U.S. government entity has established a five point agenda: Strengthen the housing market to bolster the economy and protect consumers Meet the need for quality affordable…
Read More »
By any fiscal measure, the government of Puerto Rico is the worst off of all state or territorial governments within the United States. But which U.S. state or territory is the second worst off? In discussing the state of the city of Chicago, City Journal‘s Aaron Renn makes a strong argument that it is…
Read More »
Today, President Obama is traveling to Riyadh, Saudi Arabia to meet with that nation’s new king for the first time. But there’s a problem. There is legislation currently making its way through Congressional committees on Capitol Hill that threatens the interests of Saudi Arabia’s government, in that if it becomes law, would expose the…
Read More »
As we recently noted, a report from the state auditor outlines how the University of California made substantial efforts to recruit nonresident students who pay significantly more tuition than California residents. In recent years, the University of California has hiked tuition for residents as well and in 2011 that touched off student protests at…
Read More »
It only took them about 7 years to notice it, but the editors of Time Magazine may have finally recognized that the United States has perhaps a bit of a problem with having grown such a large national debt during that time. Economist and financial journalist Jim Grant, perhaps better know for his highly…
Read More »
The California Department of Transportation has been rebuilding parts of Interstate 80 between the city of Auburn and the Nevada state line. Part of this work was the elevation of bridges to 16 feet 6 inches above the road surface so they can accommodate larger trucks. The final project, completed in March, was the…
Read More »
Investor’s Business Daily editorializes on the biggest problem that state and local governments face across the United States: A new report by Hoover Institution Senior Fellow Joshua Rauh shows that, unless action is taken soon, many local governments could face bankruptcy because they can’t meet their pension obligations. “This study shows that unfunded pension…
Read More »
 |
 |
 |