by Zachary Janowski | Mar 23, 2012 | General, It Could Happen Here
Imagine if the federal government took your 401(k) in an attempt to save Social Security. In Hungary this nightmare is a reality, as reported by the Wall Street Journal when the country’s economy minister first announced the plan in 2010. Hungary has a complicated set...
by Zachary Janowski | Mar 16, 2012 | General, It Could Happen Here
It’s a politician’s dream: debt you never have to pay off. Britain is looking at the possibility of perpetual bonds, according to Reuters. Instead of lasting a set term and then having to be repaid, the government will simply pay interest on these bonds – forever. The...
by Zachary Janowski | Sep 17, 2010 | General, It Could Happen Here
If the states are laboratories, then the lab to our north has at least one specimen growing out-of-control. Department of Social Services Commissioner Michael Starkowski recently told Connecticut’s Health Care Reform Cabinet about the contrast between insurance...
by Zachary Janowski | Sep 10, 2010 | General, It Could Happen Here
Watch out, you might be eating too close to your pool. The Goldwater Institute in Arizona points out that if local officials are cracking down on pool parties, their budget isn’t tight enough. In Arizona, resorts have taken to throwing pool parties because of the...
by Zachary Janowski | Sep 3, 2010 | General, It Could Happen Here
Minnesota has banned bar specials that only apply to women. However, the tradition of ladies night continues despite a decree by the Minnesota Department of Human Rights dating back to 1994. In a more recent move, the department is targeting five unnamed bars in the...
by Zachary Janowski | Aug 27, 2010 | General, It Could Happen Here
The Philadelphia “blogger tax,” $50 a year or $300 lifetime, is really just a tax on non-wage income. In any case, it’s a bad idea. Cities in Connecticut have tossed around revenue ideas similar to this, like a sales tax add-on and other ideas pushed by the...
