A NY State legislator introduces the "Madoff bill," under which rich New Yorkers convicted of crimes would have to pay the state and federal governments to cover the costs of keeping them in jail.
In Portugese women's prisons the prisoners have for centuries woven rugs which the prison sells for upkeep. The rugs are often quite beautiful, as wide as the loom and as long as the sentence.
I think this is a fantastic idea and should have been started a long time ago. However, I would not exempt anyone from paying - I would even put them to work in the prison. Except for the most dangerous criminals, they could be working a prison garden growing a lot of the food. I'm sure there could be some industries that could be designed to take place safely in a prison. (Whatever happened to them making license plates? :-) Working would also provide something constructive for them to do. I would say it would also be much better for them to spend their time doing some work that will pay for their time there (or at least part of it) then to spend it in the weight room getting stronger!
Graham and Dodd Investor: Given historical relationships versus current ones, oil will have to fall in price or natural gas rise (or both). Which will it be?
about 3 hours ago
The EconomicJoker: I would like to wish everyone a safe and happy holiday season! Eat drink and be merry!
about 4 hours ago
Hedged In: Lots of people keep hoping for a rise in natural gas prices, but keep being disappointed. Look at the charts for GAZ, UNG and UNL.
about 6 hours ago
LongShortTech: Catalysts for AAPL: strong iPhone holiday sales; January launch of tablet; but GOOG smartphone launch in early 2010.
This news story has 2 comments: