There Is Life after Default - Peter G. Klein - Mises Daily

There Is Life after Default - Peter G. Klein - Mises Daily: "selling assets at fire-sale prices under dire circumstances is far from the best option, but as this literature points out, it is often better than bankruptcy or liquidation. One of the best-known results (documented by John and Ofek) is that asset sales tend to increase firm value when they result in an increase in focus. Would it really be so bad if the US government sold off some foreign treasuries and currency, the Strategic Petroleum Reserve, its vast holdings of commercial land, and other elements of its highly diversified and unaccountably bloated portfolio?"

Student says she was suspended for acting as designated driver | Fox News

Student says she was suspended for acting as designated driver | Fox News: "a friend of 17-year-old Erin Cox messaged her and said she was too drunk to drive home from a party she was attending "

"Cox drove to the home and snaked through a crowd of teens to find her friend. But shortly afterward, police from Boxford, Georgetown, North Andover and Haverhill arrived to break up the party"

"Cox claims she didn’t drink at the party and was cleared by police, who said she was not in any possession of alcohol"

Shutdown EPA workers clean up a river anyway - CSMonitor.com

Shutdown EPA workers clean up a river anyway - CSMonitor.com: "Scientists with the Water Protection Division of the Environmental Protection Agency (EPA) in Atlanta may be out of a paycheck for now, but they're not giving up on service.

On Oct. 8, 15 staffers from the agency's Atlanta office headed down to a trash-filled urban stream that a local business owner had complained about, and cleaned it up."

Since they will probably be paid for their time during the shutdown, it's nice to see them still helping.

Panicked Food Stamp Shoppers Clean Out Walmart Shelves | Independent Journal Review

Panicked Food Stamp Shoppers Clean Out Walmart Shelves | Independent Journal Review: "From 7 to 9 p.m., people were loading up their carts, but when the cards began showing limits again around 9, one woman was detained because she rang up a bill of $700.00 and only had .49 on her card. She was held by police until corporate Walmart said they wouldn’t press charges if she left the food.

At 9 p.m., when the cards came back online and it was announced over the loud speaker, people just left their carts full of food in the aisles and left. Walmart employees could still be seen putting food from the carts back on the shelves as late as Sunday afternoon.

So, Walmart attempts to help needy families buy food during a computer glitch that prohibits the company from checking EBT card balances – and this is what happens. Yet, the left rants about “corporate greed.”"

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