Register for an account

X

Enter your name and email address below.

Your email address is used to log in and will not be shared or sold. Read our privacy policy.

X

Website access code

Enter your access code into the form field below.

If you are a Zinio, Nook, Kindle, Apple, or Google Play subscriber, you can enter your website access code to gain subscriber access. Your website access code is located in the upper right corner of the Table of Contents page of your digital edition.

Health

Change is in the air

Gene ExpressionBy Razib KhanJune 1, 2009 6:21 PM

Newsletter

Sign up for our email newsletter for the latest science news

G.M. to Seek Bankruptcy and a New Start:

It also places the government in uncharted territory as a business owner, as it takes a 60 percent ownership stake in the company during its restructuring.

The commanding heights are back. We're socializing the means of production. Meanwhile, California is going back to the 19th century:

Nearly all of the billions of dollars in cuts the administration has proposed would affect programs for poor Californians, although prisons and schools would take hits, as well.

There wasn't even a mention of bankruptcy, but many American states did go into default in the 19th century as well. Several even repudiated their debts and never paid up.

    2 Free Articles Left

    Want it all? Get unlimited access when you subscribe.

    Subscribe

    Already a subscriber? Register or Log In

    Want unlimited access?

    Subscribe today and save 70%

    Subscribe

    Already a subscriber? Register or Log In