Dec 03

Health Care Costs Accelerating Faster

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It is the dream of every truster of government: universal, government-dispensed health care, made cheaper by eliminating the profit motive from the industry.

Unfortunately, it never works. Every government program which subsidizes health care simply increases demand without increasing supply, causing prices to rise faster than inflation.

Now, after Obamacare has come completely on line, there are new data showing that health care costs are skyrocketing faster than during any year of the Obama presidency. See here. So much for “affordable” care.

Dec 03

Socialist Venezuela Descends into Primitive Bartering

melissa click

Socialism is a curse that should only be wished on a hated enemy. Any society that embraces it will eventually become sick and weak.

The Miami Herald reports that the impoverished people of Venezuela–suffering from decades of socialist ‘rulership’–have developed a primitive bartering system to obtain basic goods.

Dec 03

French Government Begins Closing Mosques

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So much for freedom of religion in France. For that matter, so much for the relative freedom of the western world.

In the wake of the Islamist-generated terrorist attacks at a Paris heavy metal concert two weeks ago, French SWAT teams are raiding and shuttering Muslim religious facilities across France.

The mosques are being shut down for promoting “radicalism.” See here.

Dec 03

Bankrupt Greek Government Demands that Citizens Report all Jewelry, Coins, Private Cash

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Are mass confiscation raids about to be unleashed in Greece? The Greek newspaper Enikonomia reported days ago that Greek taxpayers will be forced to declare all private cash held outside the banks, and all jewelry boxes containing more than 15,000 euros or gold or other metals worth over 30,000 euros. See here.

The Greek government is bankrupt and has placed its people in perpetual slavery to international creditors.

Nov 27

A Primer on Government Temperature “Adjustments”

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Anthony Watts from wattsupwiththat.com is an articulate debunker of government claims regarding global warming. Here, Professor Watts gives a brilliant summary of how government agencies are doctoring temp data to give a false impression of global warming. Watch the video here.

Nov 27

Cash-Strapped City of Chicago Has Paid Out 500 Million Dollars for Police Brutality in the Past Decade

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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 torture and interrogation facility where suspects and arrestees are taken “off the books” to be interrogated without access to lawyers or telephones. A blood-stained record of brutality has been documented at the facility. See here.

Now we read that that long-suffering City taxpayers have been forced to pay out a half billion dollars to pay for police brutality settlements. See here.

Nov 24

Thomas Sowell: 56 percent of all households will be in the top 10 percent in income at some point in their lives

Sowell

Trusters of the state frequently complain about “income inequality.” Yet Thomas Sowell points out that “the rich” and “the poor” are frequently the same people at different stages of their lives.

In fact, 56 percent of all households will be in the top 10 percent of income at some stage in their lives. See here. (Beginning around 3:00.)

Moreover, says Sowell (at around 3:30) a great majority of households in the top 1 percent are only there for a single year (frequently the year that members of the household sell a home or a business or inherit some wealth).

Only 13 percent of the top-earning one percent are there for two consecutive years.

Nov 24

France: Warrantless Raids, Suspicionless Detentions, Limits on Free Speech and Assembly

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Terrorist attacks in Paris last week have already taken their toll on French freedom. France is now a land of warrantless raids and arrests, paramilitary squads roaming the streets and Government limitations on freedom of speech and assembly. See here.

Nov 23

More Than 1 In 4 Americans Believe Government Is The Enemy

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Pew Research Center. Dec. 2015.  Statistically, the average person in the world is more likely to be killed by his own government than by any foreign government, any terrorist, or any criminal.

One’s own government is the greatest source of potential danger for the average person in the world.

Now, one-quarter of all Americans appear to be acknowledging the growing threat posed by advancing government.

Pew Research Center found that 27 percent of registered voters say they think of government as an enemy, up 8 points since 1996. See here.  See here. 

Those who feel “basically content” with government are an extremist minority, constituting only 18 percent.

Nov 22

Obamacare’s supporters drastically overestimated the number, finances, and health of new enrollees

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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 uninsured middle class are “largely shunning” the new programs.

Additionally, “the pool of enrollees is sicker and more costly than projected.”

Insurers are losing billions annually (despite being subsidized by the government on a massive scale), increasing premiums, raising deductibles, and narrowing provider networks.

See here. Stay tuned!