Bankruptcy Knoxville

In an informative and interesting post, Joe Powell discusses the fiscal crisis facing the city of Morristown along with many of the tax increases that have only added to the strain of local residents. It’s a sad commentary of how too often politicians are able to exercise irresponsible fiscal activity and then simply pass the [...]

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In a previous post about companies that are “too big to fail” we talked about what the government should do with very large companies that affect huge portions of the economy. Well a new law Congress is considering would make it less likely for government to take over a company or bail it out, which [...]

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