Freeman

IN BRIEF

Amtrak Misled Public About Financial Condition

JUNE 01, 2010

“When Amtrak assured Congress it was on a “glide path” to free itself of federal subsidies early last decade, a handful of top executives secretly had reason to know better. In fact, the rail service was on the verge of bankruptcy.” (Monday, Washington Times)

Surprise, surprise, surprise

FEE Timely Classic:
Subsidizing Failure Again … and Again, and Again, and Again” by Scott McPherson

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Heavily-armed police and their supporters will tell you they need all those armored trucks and heavy guns. It's a dangerous job, not least because Americans have so many guns. But the numbers just support these claims: Policing is safer than ever--and it's safer than a lot of common jobs by comparison. Daniel Bier has the analysis. Plus, Iain Murray and Wendy McElroy look at how the Feds are recruiting more and more Americans to do their policework for them.
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