The Wall Street Journal is reporting this afternoon that the Treasury Department is mulling the expansion of its bank equity purchase program to cover insurance firms. And other firms in other industries, including non-financial companies, are also asking be included. It should just say no to these ill-considered ideas. The …
There’s a lot going in the nuclear world. Let’s take a look. The news: France, not U.S. likely to get contract with India. “France is expected to get first-mover advantage with Nuclear Power Corporation of India Limited (NPCIL) exploring commercial contracts for setting up a cluster of European Pressurised Reactors …
Update: I have just learned that there was a conference call today between DOJ personnel and Congressional staff. The Principal Deputy Assistant Attorney General of the Civil Rights Division, which is responsible for enforcing the Help America Vote Act, was asked whether the Division was planning to pursue the Ohio …
To the NYT, the Well-Off Do Not Work and Vice Versa – Shopfloor.org The New York Times publishes the most tedious major editorial page in the country, so predictable that actually reading it is an unnecessary exercise. Making an exception today to review its endorsement of Senator Obama (a shocker, …
Bad energy policy usually involves repeating the mistakes made from 1970 to 1980 — windfall profits taxes, federally subsidized alternative energy sources, price controls, and others. All of these old ideas are back in play, even though their track record for worsening rather than solving the nation’s energy problems is …
According to the Associated Press, in order to combat “one of the highest teen pregnancy rates in Europe,” the British government is about to mandate sex education for all students, “including kindergarten-age children.” The AP reports: The government hasn’t detailed what the new curriculum will look like, but schools will …









