In 1844, Lysander Spooner launched a mail company called the American Letter Mail Company. Spooner’s company competed directly with the U.S. Postal Service, delivering letters and parcels between major cities in the eastern United States at a lower price than the government’s rates. Spooner’s company had offices in Baltimore, Philadelphia, and New York, and delivered …
Category: Government incompetence
Nov 27
Cash-Strapped City of Chicago Has Paid Out 500 Million Dollars for Police Brutality in the Past Decade
Chicago, and the State of Illinois, are ‘failed states.’ Parasitic city and state governments have sucked their taxpayers dry, almost to death. See here. The region–which once harbored brilliant entrepreneurs and spawned major manufacturers and businesses–is now a socialist hellhole, which imposes ever-higher taxes on its impoverished citizens. Chicago’s police department has openly operated a …
Nov 22
Obamacare’s supporters drastically overestimated the number, finances, and health of new enrollees
Every government program that subsidizes heath care makes health care more expensive. Government supports subsidize demand without increasing supply, causing prices to rise. New research by the Mercatus Center (see here) shows that Obamacare’s enrollment figures fell far short of projections. By MILLIONS. Also, enrollment of “all but the near-poor is far below projections.” The …
Nov 21
Is the War on Terror the Biggest Racket Yet?
Pater Tenebrarum provides a brilliant essay on Lewrockwell.com today. Tennebrarum writes that the “War on Terror” is the greatest scam of all time. Tenebrarum provides the above graph showing that the “War on Terror” actually appears to have created MORE rather than less terror. Just as the “War on Poverty” stopped the rapid decline in …
Nov 20
Largest Health Insurer Has Lost Millions under Obamacare
According the USA TODAY (see here): The nation’s largest health insurer warned Thursday that it may pull out of the Obamacare exchanges after 2016 – forcing more than a half million people to find other coverage – after low enrollment and high usage cost the company millions of dollars. The possible move by UnitedHealth Group …
Nov 19
USA TODAY Reports that Government spends hundreds of millions on propaganda
Trusters of expansive government routinely seek to gut the First Amendment and allow the government to have more control over political messaging. The recurring claim is that political messaging funded by the private sector “buys” elections and produces undue influence. But total spending by government on political messaging almost certainly DWARFS total spending on political …
Nov 12
Obamacare has led to fewer insurance options, fewer firms, higher costs and a need for another bailout
Just as in other heavily-regulated industries (think meatpacking), the new regulations in healthcare are causing consolidation, fewer but larger insurance companies, and much higher premium costs. Here is a summary of the situation. Dr. Mandy Cohen of the Centers for Medicare & Medicaid Services recently testified that almost 700,000 Americans have lost their health coverage …
Nov 12
TSA Security Fails 95 Percent of the Time
After 9/11/2001, Congress deprivatized airport screening and created the Transportation Security Administration. The TSA is 10 times more expensive than the private-contract screening in place before. Yet it provides no greater level of security. Recent undercover attempts to smuggle weapons or breach TSA security checkpoints found that undercover agents were able to get weapons past …
Nov 06
Medicaid patients are 13 percent more likely to die than those without insurance
A 2011 University of Virginia study found that surgical Medicaid patients are 13 percent more likely to die than those without insurance. Of the 893,658 surgical operations reviewed between 2003-2007: Patients on Medicare were 45% more likely to die than those with private insurance; the uninsured were 74% more likely; and Medicaid patients 93% more …
Oct 31
Government Solar Power Plant Actually Emits MORE CO2 Than a Fossil-Fuel Plant (Per Unit of Energy Produced)
The Ivanpah Solar Power Plant in the desert of Southern California cost U.S. taxpayers billions of dollars. Yet “it is producing carbon emissions at nearly twice the amount that subjects fossil-fuel power plants to California’s “cap-and-trade” program. See here. The plant uses large amounts of natural gas to substitute for times of low solar output. …
