This editorial in today’s WSJ points out that Obamacare rests on a number of unproven assumptions: The main White House argument for health-care reform goes something like this: If we spend now on a hugely expensive new insurance program for … Continue reading →
An article headlined “If Obama Had Carter’s Courage…” is bound to get my attention. Just the other day I compared Carter favorably to Obama in the arena of hypocrisy about promises not to live high on the public’s dime. Now … Continue reading →
It turns out that, according to this WSJ article, Laffer may have been correct when he said a state that raises taxes on the rich often finds it has fewer revenues rather than more, because the rich have their methods … Continue reading →
In what seemed to be a stock market freefall back in March, some people panicked and did exactly what you’re not supposed to do: sell low, at what now appears to have possibly been the bottom of the market drop. … Continue reading →
Why? Here’s why. The group is one of those supposedly greedy first-line creditors that got shoved out of the way and dissed as insufficiently self-sacrificing by President Obama in his mad dash to reward his union friends in the Chrysler … Continue reading →
Here’s an excellent piece from the Wall Street Journal that describes just what’s wrong with Obama taking on the role of car czar: So far, the Obama administration has yet to lay out its magical thinking on how the homegrown … Continue reading →
Ann Althouse says she wanted to smack Edmund L. Andrews, author of “My Personal Credit Crisis“, when she read his article in Sunday’s NY Times Magazine. And it wouldn’t be a love tap, either. I’m with Althouse. Andrews begins by … Continue reading →
Troubled state governments often look to raise taxes on the rich in their attempt to shore up their depleted coffers. It’s a no-brainer, right? After all, the rich can afford it, and the rest of us can’t. Plus, it appeals … Continue reading →
Back in my more peripatetic days, I used to think that house-sitting might be a good gig. Spend some time here and there in other people’s pleasant homes, paying nothing or maybe even getting paid, with hardly more responsibility than … Continue reading →
This WSJ article points out that: The private groups [who have announced their “cooperation” with Obama’s health care cost-cutting] are calculating that they can better influence this year’s bill if they’re “partners” instead of villains. They’ve no doubt seen what … Continue reading →
There’s no surprise here; Obama’s proposals for health care upheaval will come with a hefty price tag [emphasis mine]: The upfront tab could reach $1.2 trillion to $1.5 trillion over 10 years, while expected savings from wringing waste and inefficiency … Continue reading →
Remember way back when—it seems so long ago, but it’s only been about a month—the Obama administration showed GM’s CEO Rick Wagoner the door? Now it appears that certain CEOs of TARP-receiving banks are probably next on the chopping block. … Continue reading →