"Despite the long debate on welfare reform and the clear benefits of America's Personal Responsibility and Work Opportunity Reconciliation Act 1996, Barack Obama hesitates to accept a social-policy truth that sticks out like canine testes. Responsibility and choice should never be subsumed by a focus on structural solutions; when this happens, you end up with the kind of shallow determinism that Obama ultimately falls victim to. He would be truly radical if he was equally vehement about equipping citizens to seize opportunities and convert them into capabilities."
- Pearson on Obama
Late Payments by Ibex Companies Hits €47 Billion, and 169 Days (3 Times Legal Time Limit); IBEX vs. DOW - Lack of significant improvement in payments by IBEX companies to suppliers is yet another another sign there isn't much of a recovery in Spain. La Vanguard...
23 minutes ago