Several large cities throughout the country have enacted plastic bag bans in recent years to become more environmentally friendly. Unfortunately, these bans appear to be affecting communities in a more negative way.
"Government is theft." The old libertarian battle cry came to mind when the news hit, two weeks ago, that Cyprus was about to confiscate 7 percent of all the insured deposits in the island's two biggest banks.
Some people are in favor of theft and fraud as long as it's not deceitful. Financial Times columnist Martin Wolf is one of those people.