Jim Johnston
Let Them Go Bankrupt; Save a Trillion Dollars
Congress, the Treasury, the Securities and Exchange Commission, and the Federal Reserve are hell-bent to bail out the housing and financial industries and then regulate them into rigor mortis. All this with no judicial review and a bill for taxpayers on the order of...
Why California’s Restructuring Failed
Electricity restructuring is a complicated process, in California and across the country. As California faces rolling blackouts and soaring energy prices, the consensus is growing among political activists that restructuring may have been a mistake. Particularly...
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