JULY 13, 2011 Mitch McConnell isn’t selling out Republicans. Republican Senate leader Mitch McConnell said yesterday he’s concluded that no deal to raise the debt ceiling in return for serious spending restraint is possible with President Obama, and who can blame him? We’ve never thought the debt ceiling was the best leverage for a showdown […]
DEBT-LIMIT HARAKIRI Read More »
JULY 13, 2011 Government boards and drug price controls threaten to throw sand in the gears of medical progress. By KENNETH C. FRAZIER Mr. Frazier is president and CEO of Merck & Co. Americans generally agree that our economic future depends on nurturing new ideas. “The first step in winning the future,” as President Obama
WILL WASHINGTON FIND THE CURE FOR CANCER? Read More »
This email was just sent out from our friends at the Republican National Committee (@RNC). Please share with your lists and on your social networks. If you are on Twitter, you can copy, paste and tweet: “RT @RNC Start printing the bumper stickers! Obama: If I get re-elected, then I’ll raise taxes in 2013 is.gd/Z2Rxdp
OBAMA RAISING TAXES IN 2013 Read More »
JULY 12, 2011 . By PETER WALLISON Mr. Wallison, a senior fellow at the American Enterprise Institute, was a member of the Financial Crisis Inquiry Commission and dissented from the majority report. EXCERPT FROM THIS ARTICLE: Far from being a marginal player, Fannie Mae was the source of the decline in mortgage underwriting standards that
GOVERNMENT-SPONSORED MELTDOWN – FANNIE MAE Read More »
JULY 11, 2011 Taxes Upon Taxes Upon . . . Obama wants $1 trillion in taxes on top of what he’s already signed. So the fondest Washington hopes for a grand debt-limit deal have broken down over taxes. House Speaker John Boehner said late Saturday that he couldn’t move ahead with a $4 trillion deal
OBAMACARE – TAXES UPON TAXES UPON….. Read More »
JULY 11, 2011 Relying on unelected bureaucrats, such as ObamaCare’s Independent Payment Advisory Board, to ratchet down Medicare price controls won’t control overutilization. By MERRILL MATTHEWS AND MARK LITOW Almost all discussions about Medicare reform ignore one key factor: Medicare utilization is roughly 50% higher than private health-insurance utilization, even after adjusting for age and
WHY MEDICARE PATIENTS SEE THE DOCTOR TOO MUCH Read More »
3:25 AM 07/12/2011 by Mickey Kaus Paul Krugman now says that some kinds of Keynesian stimulus spending just aren’t as effective as other kinds. Specifically, he suggests, aid to state and local governments (to enable them to keep government workers in their jobs) is a sort of second-class stimulus: So what happened to the stimulus? Much of it
KRUGMAN; ‘I DIDN’T MEAN THAT STIMULUS!’ Read More »
Fury is spreading. But the mobs ignore the real culprit behind broken economies. by Niall FergusonJuly 11, 2011 Yiorgos Karahalis / Reuters-LandovRiot police at a protest against austerity measures in Athens on June 28, 2011. This is the age of indignation. Politics in the Western world are becoming more emotional—because our problems are so intractable.
THE GLOBAL TEMPER TANTRUM Read More »
July 12, 2011 Unknown Unknowns By Thomas Sowell When Donald Rumsfeld was Secretary of Defense, he coined some phrases about knowledge that apply far beyond military matters. Secretary Rumsfeld pointed out that there are some things that we know that we know. He called those “known knowns.” We may, for example, know how many aircraft
THOMAS SOWELL – THE UNKNOWN UNKNOWNS THAT ARE KILLING OUR ECONOMY Read More »
