bankruptcy
-
During the city of Detroit’s bankruptcy, the state-appointed administrator sought to cut pension payments for thousands of retired city workers in violation of Michigan’s state constitution.
-
Budgets/Taxes
Puerto Rico Bankruptcy Storm Heading for Mainland America
by Jesse Hathaway June 12, 2017The Financial Oversight and Management Board for Puerto Rico, a federal board tasked with managing the island commonwealth’s course out of fiscal emergency, declared failure on May 3, filing paperwork to begin court proceedings restructuring the government debt.
-
EconomicsGovernmentPolitics
New York’s Government Needs To (Re)Learn: You Can’t Spend Your Way To Prosperity
by Seton Motley November 10, 2016President Barack Obama has doubled the national debt – from $10 trillion to $20 trillion. He’s added more debt than all of his forty-three presidential predecessors combined.
-
Environment/EnergyFeatured
The Renewable Fuel Standard: “Set Up for Fraud”
by Marita Noon August 2, 2016Researcher Christine Lakatos and I, together, have produced the single largest body of work on green-energy crony-corruption. Our years of collaboration have revealed that those with special access and influence have cashed in on the various green-energy programs and benefitted from the mandates, rules, and regulations that accompany the huge scheme.