Perry says no to $555 Million

When I read this yesterday I wasn’t surprised.

Gov. Rick Perry today told the federal government that Texas doesn’t want $555 million to expand benefits for the unemployed in exchange for widening the program to include part-time workers.

The Legislature can decide to accept the money, but Perry said the state has repeatedly rejected the idea of [...]

Saying It’s So Don’t Make It So…

What happens when credit markets seize up? We are beginning to see the result now: Businesses can’t expand or don’t open, houses aren’t bought or sold, and economic growth slows to a crawl. In minority communities, where banks once welcomed residents’ deposits but refused to lend to them, similar economic stagnation resulted.

So it’s bizarre to [...]