The recently-passed credit card reform bill is a supposed effort to protect us poor, naïve students from being exploited by the big, powerful credit card companies preying down on us — but honestly, this bill stinks of exactly the kind of paternalism most of us have outgrown by the time we’re in college.
Tomorrow’s special election and its six ballot measures have been put forth as a bi-partisan effort at fiscal responsibility – but fall completely flat. Yes, we need fiscal reform, but Propositions 1A-1E aren’t the way to do it.
Not very many people have the smarts and the courage it takes to go their own way, to break out of the security of a stable career path and to venture out into the rocky, winding road of entrepreneurship, where both risks and rewards lie waiting around every bend.
During the past decade, online piracy has become rampant and a blatant disregard for artistic copyright socially acceptable. Online piracy isn’t just theft, it’s theft of the very artistic talent we claim to value the most.
Wealth is a product of the values of creativity, resourcefulness, ambition, intelligence and responsibility. Although money itself has a dollar sign in front, it represents much deeper values that by themselves don’t.
Despite the rhetoric, the Obama administration (and the Bush administration previously) seems to have little interest in encouraging a genuine understanding of the roots of the crisis. After all, a true explanation would take into account all the facts, not just those that are politically correct.