As state and local governments seek greater revenues to balance their budget, they create new rules, taxes, fees and laws that further destroy economic activity.
Chrysler Asset Deal Stayed by U.S. Supreme Court Bloomberg.com (8 Jun 09) U.S. Says TARP Issue Out of Court’s Reach Scotusblog.com (8 Jun 09) Reference:
By Joe Weisenthal “Confirmed” is the word used in the latest announcement from Case-Shiller, which showed a surprise 3.61% year-over-year decline in home prices. [click