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Archive for September 15th, 2008

The Social Imperative of Sound Money

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” [...]

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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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