Outsourcing State and Local Government Services is About Looting

For decades, citizens have been sold on the mantra that the hungry private sector can do a better and cheaper job of providing services than “inefficient” government. Now it is true that there were some badly run government entities that have done better when privatized (the poster child is British Telecom).

Season of Goodwill

Age of Wisdom, Age of Foolishness (9) Written by Adam Whitehead, KeySignals.com A lot of giving of other peoples’ (American taxpayers’) money was evident this Festive Season. Incoming Federal housing stimulus Czar Mel Watt opened up the cold fist of the FHA, which had been clenched by the outgoing Ed “Scrooge” DeMarco, by delaying the …

Two Historic Retreats: 1812 and 1218

How Do 1812 and 12-18 Compare? Age of Wisdom, Age of Foolishness (8) Written by Adam Whitehead, KeySignals.com The historic significance of the number sequences “18/12” and “12/18” depend on which side of the Atlantic one lives on. Europeans will equate “18/12” with Napoleon’s disastrous retreat from a classic example of policy overreach. Americans will …

Re-pricing 2014

Age of Wisdom, Age of Foolishness (7) Written by Adam Whitehead, KeySignals.com Continuing the theme in Age of Wisdom, Age of Foolishness, of playing with dates, the year 2014 comes into focus. As 2013 closes out, forecasters have begun to make projections about the economic environment next year. The Bank for International Settlements (BIS) is …