From Cato: Bernie Sanders wants to turn credit raters into nonprofits.
Archives for January 2016
“F” Is for Failure
Originally posted June 10, 2015. With the Supreme Court soon to rule on subsidies for Obamacare, Michael Tanner explains why Obamacare is not working: To cite just one example, getting poor people enrolled in Medicaid was supposed to reduce the strain on overburdened emergency rooms, by steering patients toward primary and preventive care. But the […]
The Fright of Squandered Capital
In the December issue of Intelligence Report, Dick Young wrote about helping investors protect and preserve their capital acquired over a lifetime. My focus, first and foremost, is on keeping you out of trouble. I do not write to needy investors—those who require the financial markets to make something happen to save their bacon—nor to […]
RIP Glenn Frey
From Rolling Stone: Glenn Frey, Eagles guitarist and Rock and Roll Hall of Fame inductee, passed away Monday. He was 67. “It is with the heaviest of hearts that we announce the passing of our comrade, Eagles founder, Glenn Frey, in New York City on Monday, January 18th, 2016. Glenn fought a courageous battle for the past […]
The Need for Welfare Reform
Originally posted July 23, 2015. Last year, the federal and state agencies spent about $1 trillion fighting poverty; yet more than 45 million Americans are still living in poverty. In discussing the need for welfare reform, the Cato Institute’s Michael Tanner writes: But, if we actually want to help the poor escape poverty, we know […]
Happy Martin Luther King Day…
Paying Lip Service to Martin Luther King’s Dream Congress is getting ready to gear up for another battle that will pit the political clout of public-school teachers against the future of America’s children. “Why do so many Democrats seem to favor the teachers’ unions over poor minority students?” questions Michael Tanner, senior fellow at the […]
January Republican Debate, Winner and Losers
The Winner—Donald Trump. Mr. Trump punched in with “I want Security,” followed with “The police are the most mistreated people.” (Trump pro the police.) Trump, countering Nikki Haley, proclaimed, “Yes, I am angry.” Asked if he wished to withdraw his comments on banning Muslims, Donald shot back, “No!” Trump followed up with The New York Times, […]
Power Wars
The Cato Institute’s Gene Healy introduces Pulitzer-prize winning journalist Charlie Savage, author of Power Wars: “We’ve paid a heavy price for having a president whose priority is expanding his own power,” then-senator Barack Obama proclaimed on the campaign trail in 2007. As president, he promised, “I’ll turn the page on the imperial presidency.” And yet, […]
A Clinton Shamelessly Lying?
Hillary Clinton has a new attack dog. Chelsea. Recently Chelsea Clinton proceeded to attack Bernie Sanders on health care, claiming that Sanders would “dismantle” Obamacare, Medicare and private insurance, which would “strip millions” of health insurance. The only problem is, it’s not true. Bernie Sanders is proposing to replace Obamacare, Medicare, etc. with “single payer.” […]
Tax the Rich!
Originally posted October 21, 2015. During the Democratic debate last week, the candidates beat the income inequality drum before peddling an endless list of freebies to be paid for by punitive taxes on the rich. The strident progressive cry is that the rich don’t pay enough and our social-welfare programs are too stingy. But as […]
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