Tuesday is the vernal equinox, which in Iran is celebrated as the new year. The Iranian government was hoping to kick the year off with the opening of a new oil bourse, or market. Currently, there are two oil markets in the world, the New York Mercantile Exchange and the ICE Futures Exchange in London. […]
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Privatization, Inc.
When George W. Bush announced his intention to be president, the U.S. had a budget surplus, thanks to Bill Clinton. Mr. Bush said if he was elected, he’d cut taxes, to give that money back to citizens. Mr. Bush was elected and did cut taxes. He didn’t cut spending and soon the surplus was gone […]