Feb 28
China, India and other countries have seen their annual GDP numbers grow by 6 to 8 to 10 percent annually. Much of the world has embraced increasing freedom, commerce and capitalism. Life expectancies have grown, and people are living healthier and happier all over the world. But not in the United States. A period of …
Feb 26
Cover Oregon was a government “health insurance marketplace” that the state set up pursuant to Obamacare. The program initially cost $300 million to set up. About 170,000 people tried to sign up for Cover Oregon before it folded.
Feb 24
One of the biggest lies of government-trusting socialists like Bernie Sanders is that “the rich” are in control of American politics because of the Citizens United decision, “unlimited” rights of spending on campaign ads, etc. In fact, the overall share of the federal tax burden paid by the richest 10 percent has been steadily increasing …
Feb 24
For much of two centuries, the United States was the global flagship of capitalism and free enterprise. New York City, with its New York Stock Exchange, and its large investment banks, was the world capitol of commerce. The buildings on the Manhattan skyline–the Chrysler Building, the Empire State Building (built mostly by the investors of …
Feb 24
The Justice Department has embarked on a national advertising campaign to drum up public support for forcing the makers of the iPhone to unlock the device used by alleged San Bernardino killers. It seems that FBI agents themselves are to blame for the locked-up iPhone. They bunglingly reset the password while trying to hack into …
Feb 21
The SuperPAC supporting Jeb Bush for the Republican presidential nomination blew through $116 million and came up empty. See here. Bush’s collapse proves yet again that “unlimited” money to spend on campaign ads does not “buy” elections. The frontrunner, Donald Trump, has barely spent ten percent of this massive sum.
Feb 21
The TPP (“Trans-Pacific Partnership”) was enacted as a trade treaty by political insiders, despite being imposed by vast democratic majorities within the countries that supposedly agreed to it. The Electronic Freedom Foundation recently discovered that after the TPP was supposedly finalized (and after the original text was released in November 2015) the original text was …
Feb 20
The US military is the most expensive on earth. Its skirmishes in Afghanistan cost taxpayers approximately 2 MILLION DOLLARS PER SOLDIER PER YEAR. Now the U.S. president has issued an executive order mandating that the Air Force must spend $59 a gallon for “renewable” jet fuel and $67 per gallon for camelina-based F-22 Raptor fuel. …
Feb 20
Socialist Venezuela has the cheapest gasoline on earth. See here. But the socialist government has controlled and manipulated prices so extensively that the “real” price of gasoline is unknowable, and may be almost nothing. The hilarious LA Times article describes how the socialist, mob-ruled country is plummeting in economic health due to the government’s central …
Feb 20
Brian McNicoll, a columnist who follows the economic plight of the U.S. Postal Service, says the Service has lost money every year since 2007. The U.S.P.S. has lost more than $51 billion since the [2008] downturn began. The Service has not made a payment since 2011, and is more than $50 billion in arrears now. …
