John Tate: Our nation has been in default for a long time - Campaign for Liberty

John Tate: Our nation has been in default for a long time - Campaign for Liberty: "By its very nature, raising the debt ceiling means acknowledging our inability to make good on the checks we’ve written.  The only way to pay Peter is to hope Paul does us another solid."

"If the ceiling is not raised by October 17, and the federal government loses its borrowing authority, Lew noted, “we will be left to meet our country’s commitments with only the cash on hand and any incoming revenues.”"

Education Week | Cato Institute

Education Week | Cato Institute: "The most useful figures for comparing school districts of varying sizes are the annual per-pupil expenditures (PPE). However, half of all state education departments report PPE figures that leave out major cost items such as buildings, interest on debt, and pensions, thereby significantly understating what is actually spent."

"A recent survey by Harvard University’s Program on Education Policy and Governance found that the public’s average estimate of the annual cost per student in public schools nationwide was only $6,680. The true cost is more than double that estimate, at nearly $14,000 per student annually"

Focus on the Debt | Cato Institute

Focus on the Debt | Cato Institute: "interest on Treasury debt accounts for only 6.5 percent of federal spending. But paying interest on bonds — not discretionary spending — is a binding legal obligation. Failure to extend the debt ceiling on some specific date would neither require nor permit the Treasury to “default” on obligations to creditors — including the Federal Reserve, which holds twice as much U.S. debt as China does. But getting past October 17 with a debt ceiling unraised would require cutting other spending by some $12.3 billion per week while the impasse lasted."

Syria: It Wasn't Isolationism | Cato Institute

Syria: It Wasn't Isolationism | Cato Institute: "In Bosnia, for example, the United States held off intervention on the ground until hostilities had ceased, and, even then, the public was anything but enthusiastic when American peacekeeping soldiers were sent in. Bombs, not boots, were sent to Kosovo. In Somalia, the United States abruptly withdrew its troops when eighteen of them were killed in a chaotic firefight in 1993. The United States, like other developed nations, has mostly stood aloof in many other humanitarian disasters such as those in Congo, Rwanda and Sudan. The country did get involved in Libya, but the operation was strained and hesitant, and there was little subsequent enthusiasm to do much of anything about the conflict in neighboring Mali.

This perspective is seen most clearly, perhaps, when pollsters presented Americans in 1993 with the statement, “Nothing the U.S. could accomplish in Somalia is worth the death of even one more U.S. soldier.” Fully 60 percent expressed agreement. This is not such an unusual position for humanitarian ventures. If Red Cross or other workers are killed while carrying out humanitarian missions, their organizations frequently threaten to withdraw, no matter how much good they may be doing."

Government Waste Stifling Growth Worldwide | Cato Institute

Government Waste Stifling Growth Worldwide | Cato Institute: "In America, and now in most of the rest of world, people naturally assume that they are going to live better than their parents; but until the beginning of the Industrial Revolution less than 250 years ago, this was not true for most of mankind. The only way one could expect to get richer was if someone else got poorer — and so deep was that mindset we still see the remnants in those who have socialist leanings today. It was not until the later part of the 19th century that the average European city dweller lived better than those who lived in Rome 1800 years earlier. It has only been a few decades since much of Asia has enjoyed sustained real economic growth, and less than two decades since much of Africa has been on a growth path. So, looking into the reasons for the current slowdown in economic growth is much more than an academic curiosity, because slower growth means more people with inadequate food and shelter and with lack of real opportunity."

Bind Us Together? Not in Public Schools | Cato Institute

Bind Us Together? Not in Public Schools | Cato Institute: "When government makes decisions, it is very often a zero-sum game — either you get what you want or someone else does — and that is a recipe for harmony-shredding conflict."

"Take the president’s health-care law, arguably the biggest single increase in federal power in decades. It is probably also the most divisive; having caused rage-filled town halls before it was rammed through on a purely partisan vote, it now drives much of the current federal paralysis.

Basically, the more that government does, the more inevitable divisive warfare becomes. Government action forces everyone into the political arena to determine who gets what from whom, rather than letting people freely choose with whom they’ll interact, and freely choose to cooperate for mutual advantage."

"With extremely diverse people now placed under unified governance, today we see constant conflict over numerous values-laden, intensely personal matters, including religion in the schools (or lack thereof); portrayals of different races and ethnicities in curricula and texts; student speech rights; reading selections; and the list goes on.

Indeed, the Cato Institute has been tracking public-schooling battles since 2007 and has posted a map (with ongoing updates) identifying hundreds of “values” battles across the country. And those are just the throwdowns that have received relatively prominent media attention."

"Superintendent Dennis Carlson concluded that being a district designed to incorporate very diverse people was the root cause of the seemingly inescapable conflict. Then he said, “It’s not a battle we want to fight. That’s not why we’re here.”

Sadly, Mr. Carlson is wrong: Forcing diverse people together is why public schools are here, as Horace Mann himself proclaimed. But as we are learning the hard way, not just in education but across politics, government control often does not yield harmony."

#FAIL -�Less than 50 Sign Up for Obamacare in Wisconsin - Right Wisconsin - Conservative politics and perspective powered by Charlie Sykes

#FAIL -Less than 50 Sign Up for Obamacare in Wisconsin - Right Wisconsin - Conservative politics and perspective powered by Charlie Sykes: "The number of people who have signed up for individual plans in Wisconsin through the online exchange is "under 50," according to Dan Schwartzer, deputy commissioner at OCI."

"an insurer has to pay a 3.5 percent fee to be listed on the exchanges. Then there is a lot of trust involved in the subsidies. An individual would only pay a portion of the premiums to the insurer, and then the rest would come in the form of subsidies from the federal government through the IRS."

Girls 'harassed' in school bathroom by transgender student told his rights trump their privacy | Mail Online

Girls 'harassed' in school bathroom by transgender student told his rights trump their privacy | Mail Online: "the students are being threatened with removal from sports teams or even hate crime charges if they continue to voice concerns, said the site"

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"