Thinking about: Negligent use of public money

Why isn’t there a crime of “misuse of entrusted state monies?” Elements would be simple – an elected or appointed official who is responsible for disbursal of funds, or an employee under the control of such an official, who provides funds to any individual or group without achieving the stated results, is subject to criminal [...]

OTB: Fixing the economy

Or at least patching it up a bit, by getting more money flowing into the commercial economy from individuals, with six simple words: “Student loans are dischargeable in bankruptcy.” Now, clearly, contracts are fairly sacred to libertarians, so suggesting that a contract for a repayment on a loan be voidable as a matter of law [...]

OTB: Banks as public utilities?

From Naked Capitalism – the best daily economic stop on the web: Why not, though? Since they’ve effectively socialized their losses while keeping their profits private, maybe it’s time for a different view of banks and banking, particularly given the State’s reluctance to allow private banks – or the lack of desire by states (other [...]

OTB: Why not, for once, help the little guy?

The State mucking around with the economy is generally a Very Bad Idea. But why not try this Outside The Box idea: Instead of paying ever more (borrowed) money to the Big Banks, why not declare a one year moratorium on income taxes? That’s right, no taxes collected – or due – for individual filers [...]