Trains Lose
On May 10, 1869, the golden spike was driven home at Promontory Summit, Utah, and the first transcontinental railroad spanned the United States. For the next 60 years railroads were king, moving people, freight and the U.S. mail throughout the nation. By the time the U.S. entered World War I, the railroads employed 1.8 [...]
:: Saturday, March 20, 2010
Conservatives talk about how great America’s “free market” is, while those on the political left are critical of the “free market’s excesses.”
What are they talking about?
We have nothing even closely resembling a “free market” in the United States, and the latest news surrounding Fannie Mae, Freddie Mac, and the Federal Reserve underscores that point.
People are [...]
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