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Governments make lousy banks

Governments make lousy banks. Politicos want re-election and technocrats are unaccountable. Both measure their success by spending taxpayer's money. There's no incentive to contain costs or make a profit.
     — NeoWayland

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Friday roundup

Headlines that don't merit their own entry

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The Collapse of The American Dream Explained in Animation

I don't agree with everything here, but you should definately watch.

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NeoNotes — Vice

Vice laws tell people that we don't think they can be adults

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Local power

Large companies shift power and responsibility away from local operations

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