Give states option to file for bankruptcy

Freedom New Mexico With persistent deficits, soaring pension obligations and mounting bond debts, states like California could well benefit from the ability to restructure their finances through a bankruptcy procedure. Bankruptcy allows the debtor to work through an orderly and equitable settlement of obligations. The idea has been gaining traction, with support from former House […]

U.S. right to keep Iraq transfer date despite slaying

Freedom Newspapers The assassination of Abdel-Zahraa Othman, until his death the head of the Iraqi Governing Council, might prompt some to say the United States should put more forces in Iraq and plan to stay longer. But Brig. Gen. Mark Kimmitt’s response was the right one: “Days like today convince us even more that the […]