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Daily Archive for July 26th, 2009

Government …

… of some people. by some people and for some people. This about the PBGC: When the PBGC was created in 1974, Democrats running Congress assured everyone there was no taxpayer risk because the agency would be funded by fees from pension plans, as well as by the assets of plans the company takes over. […]

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In case any of you are surprised by the title of the post, the following chart from the New York Times tells a nice story: You should look where all the support for such a policy is coming from. It is not surprising that politicians seek out issues where there are huge unexploited opportunities for […]

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