Thursday Links
* An editorial by Jeff Jacoby in the Boston Globe today wonders whether the subprime “mess” can be attributed to - you guessed it - federal law pushing private lenders to give loans to “predominantly minority neighborhoods,” which were of low- and middle-income stature or face penalties. Seems like a reasonable position on the surface if you’re into forcing private companies to act as the public, but it’s an interesting example of the possible unintended consequences of federal intervention.
* God, I love infighting. No primaries for another five and a half weeks, and no one knows what to do with the Florida and Michigan delegates. With McCain in a statistical tie against both Obama and Clinton at the moment, I again can’t help but laugh at the ability of the Democratic Party to shoot themselves in the foot.
* Even though they backed off, the story of the student suspended and removed from the honor society over a bag of Skittles should not be shocking to anyone who’s seen the lunacy that is our zero-tolerance policies in schools today. This sort of absurdity is, unfortunately, becoming the norm. Beyond that, a “wellness policy?” Seriously? I’m glad I don’t live in New Haven.
* Further drug idiocy from our government. Reason shows the fed taking credit for the decline in meth use even though meth use began declining years before the Combat Meth Act was passed. Prohibition is worthless.