In the face of evidence that home ownership rates continue to fall, bureaucrats are trying to soften rules that were written to keep another real estate bubble from forming.
If Washington D.C.'s Mayor Vincent Gray doesn't veto a discriminatory minimum-wage law targeted at Walmart, the retailer is likely to shrug, and find other friendlier places to do business.
The Rockefeller Foundation, mega-banks, and even taxpayers via the U.S. Agency for International Development (USAID) have provided millions of dollars toward pushing a new type of “socially responsible” corporate structure known as the “benefit corporation.” More than 15 states have already signed on. Critics, however, say the scheme will further undermine what remains of the market system while promoting deeply controversial United Nations Agenda 21-linked notions of “sustainable development.”
Central banking and Keynesian ideology make a toxic brew, the consequences of which are beginning to show up around the world.
After eight years of litigation, Visa and MasterCard are within shouting distance of their long-term goal: protection of a massive and increasing flow of cash from consumers without further interference, litigation, or competition.