“The Senate handed a victory to the banking industry on Thursday, defeating a Democratic proposal that would have given homeowners in financial trouble greater flexibility to renegotiate the terms of their mortgages…. The mortgage provision … would give bankruptcy judges greater flexibility to modify mortgages.” (New York Times, Friday)
A blow for the sanctity of contract.
FEE Timely Classic
“Why Classical Liberals Care about the Rule of Law (And Hardly Anyone Else Does)” by Andrew P. Morriss
Recently many popular websites went black to fight the proposed SOPA and PIPA bills. Fighting censorship, however, is nothing new. ... Go to blog
It appears that spending on government education in one year was 324 times the amount companies spent on Super Bowl ... Go to blog
In digging through the archives at the Foundation for Economic Education, one comes across a variety of correspondences, from the ... Go to blog
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