‘Bank runs have become illegal’

In an interesting story posted by Tyler Durden over at Zero Hedge, we learn that the Obama administration is proposing a rule change to money market funds, essentially saying that Your Legal Right To Redeem Your Money Market Account Has Been Denied in the event that...

Gimmie Gimmie Gimmie: Taxes on Plastic Bags

As if taxing our gas by the mile isn’t enough, we have politicians around the country, including Texas and Washington DC, who came up with what they think is a brilliant solution to increase revenue by taxing plastic bags at the grocery store. It’s not...