The obvious solution to California's budget deficit is to cut government down to a size that taxpayers can afford and to supply the public goods and services for which they are willing to pay.

How much more money will the Obama adminstration pump into GM before it, too, declares bankruptcy.

For the first time in history, the Federal Reserve has granted access to loans at its "discount window," to a non-bank financial institution.

The record of government bailouts of private financial institutions teaches that emergency loans keep weak institutions alive just long enough for their problems to increase.

In no place but Washington would anyone think that putting hard-earned money back in the pockets from which it was taken in the first place is giving taxpayers a gift.