Wall Street Journal: Steve Malanga: How Harrisburg Borrowed Itself Into Bankruptcy

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October 29, 2011 -- 5:00 a.m. EDT See all of today's editorials and op-eds, video interviews and commentary on Opinion Journal. STEVEN MALANGA Steve Malanga: How Harrisburg Borrowed Itself Into Bankruptcy

Can the capital of Pennsylvania stiff creditors when a credible payment plan is available?

Labels: Bus Econ municipal debt, Governance fail, Governance Municipal debt, Governance Municipalities, US st PA,US st PA Harrisburg*  *  *MARY KISSEL 
Barry Silbert: So Who Needs Wall Street?

Barry Silbert of SecondMarket is innovating around America's broken public capital markets.

*  *  *STEVEN E. LANDSBURG 
Steven E. Landsburg: How the Death Tax Hurts the Poor

It encourages the rich to pick extra fruit, leaving the trees a little barer for the rest of us.

REVIEW &  OUTLOOK

The Other Jobs Crisis The immigration crackdown has created labor shortages.  Asmaa Sakharov? Europe rewards the wrong Arab revolutionary.  Less Popular All the Time 'ObamaCare' has become the great unmentionable.

TODAY'S COLUMNIST PEGGY NOONAN Noonan: The Divider vs. the Thinker While Obama readies an ugly campaign, Paul Ryan gives a serious account of what ails America.   BEST OF THE WEB TODAY JAMES TARANTO Best of the Web Today: Crowd Displeaser Three years later, will Obama's victory site become an Obamaville?

COMMENTARY

HOLMAN W. JENKINS, JR. Jenkins: Great, Good and Guilty? Will Rajaratnam now testify against Rajat Gupta in return for a shorter sentence? *  *  *Notable & Quotable Actor Michael Caine on his brief youthful flirtation with communism. *  *  *Notable & Quotable Tim Carney on Obama's lobbyist supporters. *  *  * WEEKEND BOOK REVIEWS Multiple Personality Deception "Sybil Exposed" argues that the famous patient who inspired a 1970s panic was more the victim of her psychiatrist than of mental illness. Carol Tavris reviews. *  *  *BRENDAN SIMMS Birth of the Modern World Niall's Ferguson's "Civilization" tells of how the West—and not, as the book's subtitle has it, "the rest"—came to be a source of economic dynamism and political stability. *  *  *JACQUES BARZUN The Years With Trilling Jacques Barzun reviews "Why Trilling Matters" and recounts his own intellectual partnership with the literary critic.

See all of today's editorials and op-eds, video interviews and commentary on Opinion Journal.

US st PA, US st PA Harrisburg, Governance fail, Governance Municipalities, Governance Municipal debt, Bus Econ municipal debt, 
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