And because the city government has protected by way of state law the government union employees whom they rely on to keep them in power, one hand washes the other, and the creditors get fucked (in theory:  here, it’s the insurers who get fucked, and that’s probably not much to cry over, given that they themselves banked on the implausibility of a city going in to default) while the public

It’s a brave new world, one in which failing localities who’ve run out of other people’s money to hand out to favored constituencies will either fail, find additional revenue streams, or rely on the federal courts to save them from their own stupid decisions — like, for instance, the California law that says debts to the state’s pension fund must be honored.  With bankruptcy protection granted by the courts, these

Don’t care? Skip the post. But save the commentary. Over 400 kids competed this Saturday, with many coming in from across the state and Nebraska. It was a two-hour drive to Sterling — and I was sick in bed, so his Mom had to tote him there and coach him — so I’m especially proud of him for how he competed this week, with his loss in the championship more

Which, let them. The children of Colorado will all be safer without this reprehensible company’s accessories of war around, anyway. Sure, some of the kid’s parents may be out of a job as a result — which could in some small way affect the children negatively. But that will only last until the newly unemployed parent from the company that made child-slaughtering assault accessories forgoes the sin of pride, frees

Bastiat: The law has placed the collective force at the disposal of the unscrupulous who wish, without risk, to exploit the person, liberty, and property of others. It has converted plunder into a right, in order to protect plunder. And it has converted lawful defense into a crime, in order to punish lawful defense. By accident of birth we were lucky enough to be born into liberty, protected by a

Fortunately for us they didn’t think to do this sooner else HBO never could have made “The Wire.” You need gun crime to make a show like that compelling, and now that the Maryland Democrats have banned gun crime and gun violence, well, the raw material just wouldn’t be there anymore. On the plus side, though, it’s now safe for white professionals once again to move to West Baltimore and

So asks Rep. Lee Terry of Nebraska, giving the Weekly Republican Party Remarks (text available at IBD, h/t Andrew Malcolm): Well, painful as it is to say, there are legitimate reasons to block the pipeline, though the eco hysteria from the leftists is being used to deflect our attention and get us arguing along party lines. The truth is, blockage of a pipeline for crude doesn’t in any way prevent

PJM’s Scott Ott thinks the contemporary GOP leadership could learn well from Coolidge Treasury Secretary Andrew Mellon, who in 1924 wrote a book promoting the Coolidge pro-growth tax policy. Of course, this is precisely the kind of hidebound thinking one has come to expect from many contemporary conservative true believers, who continue to cling to the bygone successes of the Coolidge / Goldwater / Reagan GOP tree like Emerald Ash

Monday update: Thanks to all who contributed this month. It looks like I’m going to fall a bit short, but that’s what happens when the government raises taxes, I guess. I’m going to keep the post sticky for its final day today. Again, thanks to all of you who have supported and continue to support pw.