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Revenue Sharing

Bankruptcy Won't Fix Detroit

Bob Kleine | Posted 09.25.2013 | Detroit
Bob Kleine

It's easy to blame Detroit's problems on corruption, unions and overly generous pension benefits, but none of which were the primary cause of bankruptcy. Detroit may have mismanaged finances, but the state's cuts to revenue sharing doomed the city.

Krugman: Reagan Was A Keynesian

The New York Times | Paul Krugman | Posted 06.08.2012 | Politics

There’s no question that America’s recovery from the financial crisis has been disappointing. In fact, I’ve been arguing that the era since 2007...

State Government Bears Responsibility for Local Governments' Fiscal Distress

Mitchell E. Bean | Posted 05.16.2012 | Detroit
Mitchell E. Bean

While there are notable exceptions, for the most part both local Michigan units of government and schools have done whatever was necessary to remain fiscally sound under very difficult circumstances.

Janell Ross

Florida, California Take Cut Of Bank Fees On Unemployment Benefits

HuffingtonPost.com | Janell Ross | Posted 12.01.2011 | Business

When Derrick Johnson visits the ATM in his Florida town to tap his jobless benefits, he regularly pays fees to the companies that administer the state...

Hugh Carey, New York's Greatest Governor of the Modern Era

Ed Koch | Posted 10.08.2011 | New York
Ed Koch

I believe Hugh Carey was the greatest governor of the modern era going back to the administration of Alfred E. Smith.

3.5 Billion Reasons Why Your 401(k) Plan Is a Loser

Dan Solin | Posted 09.18.2011 | Business
Dan Solin

A recent article discussed the estimated $3.5 billion paid by mutual funds to advisers to 401(k) plans. These payments are euphemistically called "revenue-sharing." In reality, they are legal bribes.

Jordan Schultz On MSNBC's The Daily Rundown Discussing 2011 NBA Lockout (VIDEO)

Huff TV | Posted 09.05.2011 | Sports
Huff TV

HuffPost Sports Columnist Jordan Schultz joined Chuck Todd and The Daily Rundown of MSNBC to discuss the NBA Lockout Wednesday morning.

Top 5 Sports Stories

Len Berman | Posted 05.25.2011 | New York
Len Berman

The deal is done. Carmelo Anthony is headed to the Knicks. It's a three-team deal including Denver and Minnesota. Lotsa players and draft choices are involved. The downside: the Knicks gave up too much.

WSJ Misses the Point on 401(k) Fees

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

Full disclosure of 401(k) fees, while a step in the right direction, will do little to remedy a system that practically insures most Americans will retire, if at all, with a sharply diminished quality of life.

Robert Shiller: To Add Jobs, Bring Back Revenue Sharing

New York Times | ROBERT J. SHILLER | Posted 05.25.2011 | Business

Protracted unemployment is eating away at millions of people. And the economy's failure to create enough jobs for them is part of a vicious circle tha...

The Problem With Baseball's Participation Trophy

David Berri | Posted 05.25.2011 | Sports
David Berri

Perhaps nowhere is the capitalist ideal more strongly enforced than in professional sports. Winners feel the thrill of victory; losers, the agony of defeat. At least, that's true for the players. For the owners, participation prizes are still available.