by Llewellyn H. Rockwell, Jr.
This past week, the government announced that it would take Freddie Mac and Fannie Mae, the mortgage giants, under conservatorship, which is a nice way of saying that they will be nationalized.
We don’t use the word nationalize any more. We can try an experiment and read the new term “conservatorship” [...]
Archive for September 15th, 2008
The Social Imperative of Sound Money
Posted in Uncategorized, tagged economics on September 15, 2008 | Comments Off
High Schools Failing: Colleges Now Spend Billions On Remedial Classes For Freshmen
Posted in Uncategorized, tagged education on September 15, 2008 | Comments Off
It’s a tough lesson for millions of students just now arriving on campus: even if you have a high school diploma, you may not be ready for college.
In fact, a new study calculates, one-third of American college students have to enroll in remedial classes. The bill to colleges and taxpayers for trying to bring them [...]

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