1. California’s insurance regulations have forced WellPoint to increase its premiums. As expected, the politicians are using the company as a scapegoat. More here.
2. A superintendent in Rhode Island has confronted unionized teachers by firing an entire school’s staff.
3. Tyler Cowen makes the case for a VAT. Generally good ideas, given the (bad) options among those that are realistic.
4. Illinois is essentially insolvent. Interesting excerpt: “In the short run, then, I wouldn’t be surprised if substantial state aid finds its way into the jobs bill. That may buy Illinois and other struggling states some time.”
5. Goldman Sachs helped Greece engage in deceptive accounting.













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