Predators are done until October, but lease talks aren’t

With the Nashville Predators’ 2011-12 campaign now over, the NHL franchise’s arena lease negotiations with Mayor Karl Dean’s administration should resume before long. The city and the Predators have been talking about a reworked deal that would give the Predators … Continue reading

April Tax Collections Nearly $2.5 Billion Short, Controller Says

 California’s cash balance, receipts and disbursements in California’s April tax collections were $2.44 billion below the estimates contained  in Gov. Jerry Brown’s January budget plan for the fiscal year beginning July 1, State Controller John Chiang said May 8 in his monthly cash balance report.

“The task of crafting a credibly-balanced budget has been made more difficult by a nine-month revenue shortfall of $3.5 billion,” said Chiang in a statement. “Without a timely, financeable budget plan, the state will be unable to access the working capital needed to pay its bills later this year.”

The greater part of the April shortfall was caused by [....]

Sen. Schoenjahn Helps Himself to Truck Load of Iowa Road Maps

If all goes as planned, the Iowa legislature could wrap up it’s session today. That means legislators will be packing up their things and heading for home. One legislator, State Senator Brian Schoenjahn, packed up more than just his belongings before he headed for home. On Monday, Schoenjahn had two female pages load an ENTIRE [...]

Sen. Schoenjahn Helps Himself to Truck Load of Iowa Road Maps

If all goes as planned, the Iowa legislature could wrap up it’s session today. That means legislators will be packing up their things and heading for home. One legislator, State Senator Brian Schoenjahn, packed up more than just his belongings before he headed for home. On Monday, Schoenjahn had two female pages load an ENTIRE [...]

Myth: Markets only benefit the rich and talented

When trade takes place in free markets, both parties win. Free societies also lead to the “circulation of elites,” with no one guaranteed a place or kept from entering by accident of birth. The phrase “the rich get richer and the poor gets poorer” applies, not to free markets, but to mercantilism and political cronyism, that is, to systems in which proximity to power determines wealth.