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If the US government owns most of the land in the US and the average citizens liability for the national debt is around 45k, maybe the government should transfer ownership to citizens and sell a bunch to balance their books. What do you think the book value of all the land owned by the government is?

Published on Monday 6th of September 2010 01:10:29 PM Read more...

RALEIGH, N.C. – A prestigious North Carolina private college cannot have police officers with the power to arrest suspects and enforce state law because the school is a religious institution, the state Court of Appeals ruled Tuesday. ... Allowing the school's security officers to carry out laws on behalf of the state violates the U.S. Constitution's prohibition against laws establishing religion by creating "an excessive government entanglement with religion," Judge Jim Wynn wrote in the unanimous opinion.

Published on Monday 6th of September 2010 01:10:29 PM Read more...

WASHINGTON (Reuters) – Private employers added fewer workers to their payrolls in July than expected and hiring in June was much weaker than had been thought, a blow to an economic recovery that is failing to gain traction. The dismal news on jobs poses a challenge to Democrats hoping to retain their congressional majorities in November elections, as well as to officials at the Federal Reserve who are debating whether more needs to be done to foster growth. Overall non-farm payrolls fell 131,000 last month, the Labor Department said on Friday, as temporary government jobs to conduct the decennial census...

Published on Monday 6th of September 2010 01:10:29 PM Read more...

As in all major government takeovers of private companies in Venezuela, President Hugo Chávez declared that seizing beer-and-food giant Polar's facilities here would mark another victory for the poor in the country's march toward socialism. "Why is it that Polar has so much money?" Chávez asked in a February speech ... Except this time, the president's plans went badly awry, ... Polar [fought] back by taking its case to the Supreme Court, [and] its employees have risen up, too, rallying in opposition to Chávez's edict and holding all-night vigils to prevent a takeover. ... employees said they oppose the government...

Published on Monday 6th of September 2010 01:10:29 PM Read more...

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