Here is Zhong Shan, the Vice Minister of Commerce in the People’s Republic of China: The government protects the legitimate rights and interests of foreign investors in accordance with laws. This is true – no foreign company has had assets expropriated since Mao was in office. And the US, you know, just has a wonderful [...]
Monthly Archive for March, 2010
Income Elasticity of Demand for Health Spending
Posted in Health Care on Mar 27th, 2010
It is well known that the “US” spends more on health care than any other country on earth. This is true in per capita terms and it is true as an overall share of GDP. According to the OECD, the U.S. spends 5% of GDP more on health than France, the nation with the second [...]
They LIKE Stewing in Their Own “Juices”
Posted in Politics on Mar 26th, 2010
Kim Strassel seems to illustrate a devastating feature of the Democrats’ preferred way of ramming “health care” reform down our throats: Here’s why: reconciliation allowed Republicans to bring up unlimited amendments. Because Majority Leader Harry Reid (D., Nev.) could not allow the reconciliation bill to be changed in any way—which would send it back to [...]
Free, Open and Fair Competition
Posted in Education, Market Failures on Mar 26th, 2010
The Pittsford Government schools (don’t call your local schools “public” that is a monstrous distortion of the term) spent over $17,000 per student in 2007 with a total budget of $106 million. This year they are hoping to spend $110 million or about $18,000 per student. The Catholic grammar school we send our children to [...]
Stretcher of the Truth in Chief
Posted in Health Care on Mar 25th, 2010
It will be any day before the goons show up to my door to shut me up. Here is one justification the Commander in Speech gave us all about getting his bill passed: Both the House and Senate versions of health insurance reform rest upon the following building blocks: Affordable health options, with subsidies for [...]
Healthy Stimulus
Posted in Government Thuggery on Mar 25th, 2010
The now signed into law ObamaCare bill gives the IRS an additional $10 billion of your money and the mandate to hire 16,000 more agents to enforce the new taxes and fees in the new law. Have a nice day.
Budget Chicanery
Posted in Health Care on Mar 25th, 2010
Remember the “Cornhusker Kickback?” Well, if you don’t that was the $100 million bribe of your money the President and Congress used to buy Senator Nelson’s vote. Why $100 million? Because that is an estimate of what the ObamaCare expansion of health coverage will cost that state’s Medicaid system. I suspect this is an underestimate. [...]
We, The Controlled People of the United States
Posted in Property Rights on Mar 25th, 2010
In case any one had delusions about what government is about: “it takes a long time to do the necessary administrative steps that have to be taken to put the legislation together to control the people.” That’s Rep. Dingbat Dingell from Michigan, the renowned economic powerhouse state. Here is the audio. But I only want [...]
Artic Ice Melt CAN Cause $24 TRILLION of Damages
Posted in Environment on Mar 25th, 2010
Chris M. sent me the following article reference the other day: New Report Shows Arctic Melt Could Cause $24 Trillion in Damages by 2050 | Inhabitat “If the threat of rising seas and altered ecosystems isn’t enough to convince lawmakers we need some serious climate legislation, maybe the financial bottom line will. A report released [...]
If Government Schooling is So Wonderful …
Posted in Education, You Can't Have it Both Ways on Mar 24th, 2010
… then why have so many government schools worked so hard to try to remove the visible signs of their “publicness?” For example, the largest public college system in the country is the SUNY system. SUNY stands for what exactly? Let me help. It stands for the STATE University of New York. This is not [...]
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