28 January 2010

State of The Union Address/GOP Response Word Cloud

http://www.bermanpost.com/2010/01/obamas-state-of-union-address-word.html


GOP reply word cloud:
http://www.bermanpost.com/2010/01/gops-response-to-obamas-state-of-union.html

Why the U.S. is Ungovernable, Arnold Kling | EconLog | Library of Economics and Liberty

From Dr Arnold Kling: "The theory is that there is a discrepancy between trends in knowledge and power. Power in the United States is remarkably concentrated. We are creating increasingly specialized knowledge, which means that the information needed to make good decisions is located outside of Washington, D.C. And yet we have a central government attempting to do for 300 million people what governments in places like Singapore, Hong Kong, Denmark, and Switzerland do for many fewer people.

I do not wish to contend that government is better in those countries than in the U.S. But if there were scale efficiencies in government services beyond the level of 10 million people, then we would expect governments in small countries to be much, much worse than in the U.S. The fact that Singapore, Hong Kong, Denmark, and Switzerland function at all is proof that a 300-million scale polity is not necessary to run an effective social insurance system, an effective education system, etc."


Why the U.S. is Ungovernable, Arnold Kling | EconLog | Library of Economics and Liberty

07 December 2009

Health Care Nation

Wisdom from Samuelson (no, not that Samuelson!): President Obama's critics sometimes say that he is engineering a government takeover of health care or even introducing "socialized medicine" into America. These allegations are wildly overblown. Government already dominates health care, one-sixth of the economy. It pays directly or indirectly for roughly half of all health costs. Medicine is pervasively regulated, from drug approvals to nursing home rules. There is no "free market" in health care. What's actually happening is just the reverse, which is more interesting and alarming: Health care is taking over government.
Health Care Nation

02 November 2009

Up Against a Wall of Debt

Seems I was wrong when I told my classes that we can:
1. Raise Taxes; or,
2. Cut benefits; or,
3. Inflate the currency to get rid of debt.
There's another alternative, repudiate the debt: the US Govt defaults.
Quoth the maven:
"Governments of rich countries are borrowing so much that it's conceivable that one day the twin assumptions underlying their burgeoning debt (that lenders will continue to lend and that governments will continue to pay) might collapse. What happens then?"

read the rest:
Up Against a Wall of Debt

12 October 2009

11 September 2009

President Obama Fudges Truth on Medicare - WSJ.com

Includes one of the world's great analogies:
It's like a variation on the old Marx Brothers routine: "The soup is terrible and the portions are too small."

It sure as hell is!
President Obama Fudges Truth on Medicare - WSJ.com

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Memorial post: America Attacked 9 1 1

America Attacked 9 1 1

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10 September 2009

Obama changes talking points on uninsured - Yahoo! News

Presto! The 40+ million w/o medical insurance is now 30 million. Because (drum roll, please) about one third of the uninsured are illegals.
What the article -- from the AP, naturalemente, doesn't say is the income breakdown of the uninsured. I'll give you pretty good odds over 20% are at an income level that allows them to buy insurance, but they choose not to.
Obama changes talking points on uninsured - Yahoo! News

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09 September 2009

E-Bomb Doomsday Conference Starts Today | Danger Room | Wired.com

Money shot: "It'll fry pace makers, destroy iPhones, and turn laptops into useless paperweights. It's the scariest thing most people outside the Washington Beltway have never heard of: electromagnetic pulse weapons."
‘E-Bomb’ Doomsday Conference Starts Today | Danger Room | Wired.com

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08 September 2009

Mitch Daniels: The Coming Reset in State Government - WSJ.com

Emphasis is mine. Would have been really great if Mr. Daniels had successfully put a choker-chain around Bush 43's spendthrift ways.
State government finances are a wreck. The drop in tax receipts is the worst in a half century. Fewer than 10 states ended the last fiscal year with significant reserves, and three-fourths have deficits exceeding 10% of their budgets. Only an emergency infusion of printed federal funny money is keeping most state boats afloat right now.
Mitch Daniels: The Coming Reset in State Government - WSJ.com

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04 September 2009

Red Ensign Day


Ten years after it was introduced, Merchant Navy Day continues to celebrate the British shipping industry as well as providing an opportunity to remember the sacrifices made by merchant seamen over the years.News : NDS

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01 September 2009

Pyrrhic victory on health reform? - Washington Times

Money shot:
If Republicans really want to stem the expansion of government, they should participate in the health care reform debate before the health care system reaches the crisis that is surely coming without intervention. But if the Republicans effectively kill health reform again, it'll become another third rail, like Social Security - deadly if touched.<\i>
BURMAN: Pyrrhic victory on health reform? - Washington Times

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18 August 2009

MONEY! The Sir John M. Templeton Fellowships Essay Contest

Undergraduate winners get up to $2500.
The Sir John M. Templeton Fellowships Essay Contest encourages college students and young college professors around the world to study the meaning and significance of economic and personal liberty.

Co-sponsored by the John Templeton Foundation and the Independent Institute, the essay contest honors Sir John M. Templeton and is held annually with a different topic each year.

The Sir John M. Templeton Fellowships Essay Contest

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