State Policy Blog

State Policy Network Member Blog

Archive for May, 2009

The End of the Affair

In the Wall Street Journal, P.J. O’Rourke looks back on the place of General Motors in late-century America:

The phrase “bankrupt General Motors,” which we expect to hear uttered on Monday, leaves Americans my age in economic shock. The words are as melodramatic as “Mom’s nude photos.” And, indeed, if we want to understand what doomed the American automobile, we should give up on economics and turn to melodrama.

Politicians, journalists, financial analysts and other purveyors of banality have been looking at cars as if a convertible were a business. Fire the MBAs and hire a poet. The fate of Detroit isn’t a matter of financial crisis, foreign competition, corporate greed, union intransigence, energy costs or measuring the shoe size of the footprints in the carbon. It’s a tragic romance—unleashed passions, titanic clashes, lost love and wild horses.

Lars Larson on “Pay Raises and Public Officials”

Pay raises and public officials don’t go together too well right now. The economy is in the dumps and most American families have seen their paychecks go backwards. They’ve certainly seen their retirement accounts go backwards.

Their prospec…

Lars Larson on “Pay Raises and Public Officials”

Pay raises and public officials don’t go together too well right now. The economy is in the dumps and most American families have seen their paychecks go backwards. They’ve certainly seen their retirement accounts go backwards.

Their prospec…

Lars Larson on “Pay Raises and Public Officials”

Pay raises and public officials don’t go together too well right now. The economy is in the dumps and most American families have seen their paychecks go backwards. They’ve certainly seen their retirement accounts go backwards.

Their prospec…

State of Mississippi as securities plaintiff

In the recent dispute in which Judge Rakoff expressed chagrin over the incentives created by law firms’ “portfolio monitoring services”, he wound up giving lead status to the Public Employees’ Retirement System of Mississippi (MissPERS, represented by Bernstein Litowitz) as…

My No Holds Barred Thoughts on the RPV Convention

Convention Repubs like offshore drilling, not enthused about green jobs

Stand Together for School Choice

Yesterday, Andrew J. Coulson — director of the Cato Institute’s Center for Educational Freedom — wrote in the Washington Examiner:
Thousands rallied in DC earlier this month to save a federal program that helps low-income families afford private schooling. On the same day, President Obama signaled that he opposes school vouchers, but will seek funding so [...]

Sotomayor, Dabit, and preemption

Larry Ribstein defends her approach….

Sotomayor, Dabit, and preemption

Larry Ribstein defends her approach….