Did you fill out a March Madness bracket this year? In many states, if you put money in a pool, that's illegal! The NCAA website warns, "Fans should enjoy ... filling out a bracket just for the fun of it, not ... the amount of money they could possibly win." Give me a break. Americans bet more money on March Madness this year than on the Super ... MORE
Showing posts with label risk. Show all posts
Showing posts with label risk. Show all posts
John Stossel: Gambling And Government
Did you fill out a March Madness bracket this year? In many states, if you put money in a pool, that's illegal! The NCAA website warns, "Fans should enjoy ... filling out a bracket just for the fun of it, not ... the amount of money they could possibly win." Give me a break. Americans bet more money on March Madness this year than on the Super ... MOREAbby Wisse Schachter: The War On Fun
When safety becomes a god. In 1859, the esteemed magazine Scientific American issued a warning about young people's "pernicious excitement" over a trendy game: chess. The shuffling of pawns and rooks was "a mere amusement of a very inferior character, which robs the mind of valuable time that might be devoted to nobler acquirements ... MOREJ.D. Tuccille: The Right To Take (Even Really Stupid) Risks
The beauty of self-determination. There's nothing like the feeling of a motorcycle sliding out from beneath you on a busy thoroughfare to focus the mind beautifully on the value of life. As your ass bounces from the cushioned seat toward the hard tarmac with the screech of unseen cars slamming on their brakes to your rear, you have ... MOREAnother Insurance Mess Government Has Gotten Us Into
Kathleen Pender on the flood insurance snafu. A complex new federal insurance law is having so many unintended
consequences that some of its original sponsors and backers are now
trying to delay it. It's not the Affordable Care Act. It's the Biggert-Waters Flood Insurance Reform Act of 2012. Its goal was to put the National Flood ... MOREJohn Stossel - Privatize Everything
More freedom please. The market is fine for some things, people will say, but other activities are too important to be left to the market. Or too complicated. Or too fundamental to our democracy. I say: Privatize everything. To some of you, that will sound callous -- but failure to privatize services, keeping them in government hands instead, ... MOREDr. Helen Smith: The War On Football
Putting risk in perspective. Sadly, I saw that a former Amazon CFO, Joy Covey, died in a bike crash on Wednesday: She died Wednesday after colliding with a minivan while
riding her bicycle downhill on Skyline Blvd. near Portola Valley,
Calif., according to Art Montiel, a public information officer at the
California Highway Patrol in Redwood ... MOREDiane Stafford: Obesity's Becomes Concern For Employers
Fat employees get extra rights. Ignore an obese employee’s request for a larger desk chair and prepare to be sued for violating disability accommodations law. Don’t hire an overweight woman because she doesn’t fit your corporate sales image and face a possible discrimination lawsuit. Call your employee “Fatty” instead of his ... MOREJohn Stossel - Government Plays Favorites
People say government must "help the little guy, promote equality, level the playing field." People often go into government to do that. But even when people mean well, it's natural for them to help out their cronies. David Stockman, who ran the Office of Management and Budget under Ronald Reagan, was criticized for saying the ... MOREHow Litigation Threatens Professional Football
by Steve Chapman. Professional football is the most popular spectator sport in
America, which is one reason yesterday’s Super Bowl was expected to
draw 110 million viewers. With its famous athletes, storied
franchises, and lucrative TV contracts, it's an industry whose
future appears limitless. But football has a problem: the specter of mass brain ... MOREMark Mitchell: Is The TSA Killing Us?
More take to the dangerous roads to avoid TSA hassle. As we enter into the busiest travel time of the year, long lines at airport security are among the many peeves travelers will encounter. Some who seek to avoid the inconvenience of air travel will pack up their cars and hit the road. According to AAA, more Americans will be traveling ... MOREGeithner's View From The Top Of The Bubble
by Alex J. Pollock. What a careful, informed, balanced, and intelligent discussion of risk management tells us about the high price of extreme risk. On February 28, 2006, Timothy Geithner— then president of the Federal Reserve Bank of New York and now secretary of the Treasury—addressed the topic of risk management in the U.S. financial system, in a speech ... MORE
The Accounting Trick That Will Haunt Public Pensions
Encouragement for riskier investments. State and local government employee pensions around the country are significantly underfunded. The Governmental Accounting Standards Board (GASB), which is the closest thing that comes to a regulator of public pensions, tells them, through its accounting rules, that the single best thing pensions can do to ... MORE
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