President Obama’s “Administrative Fix” Will Make the Problem Worse
By now you have no doubt heard that President Obama, in a disastrous and meandering news conference, has announced that he will attempt, via executive fiat, to implement something very similar to the Upton Plan, which will purportedly allow (but not require) insurance companies to continue to offer plans that were made illegal by Obamacare. Without wading into the politics of this move, as a | Read More »
Washington State to Obama: **** Off
There is good news and bad news here. Barack Obama has made a career of scapegoating people and playing one racial, ethnic, or economic group off against another. Obamacare is no different. It is simply class envy and income redistribution tarted up with good intentions. Today’s presser was intended to make insurance companies the scapegoats for the Obama administration’s galactic incompetence. The bottom line is | Read More »
Janet Yellen and Monetary Statism
There is perhaps no entity of government that has more autonomous power to centrally plan our economy than the Federal Reserve. The endless monetary stimulus, artificially low interest rates, and juicing up the stock market, has devalued the dollar, inflated commodities, distorted the housing market, enabled the growth of government (with cheap borrowing), and redistributed wealth from savers to borrowers. With current Chairman Ben Bernanke | Read More »
NSA’s Preferred Vendor
If the experience of email provider Lavabit, and its implications for Gmail users, hasn’t been enough to convince those who use Google’s tools regularly that the search giant maybe doesn’t have our best interests at heart when it cozies up to Uncle Sam, then maybe this will. In a pleasantly surprising recent piece at Politico, Richard Viguerie wrote that Google is the NSA’s leading information | Read More »
Fred Upton Supports the Landrieu Obamacare Fix. So Does Barack Obama
Erick has made a couple of posts on why supporting Fred Upton’s messaging bill, allowing people to retain insurance policies that are not Obamacare-compliant, is a profoundly bad idea. (Read It’s a Trap!; Yes, It’s a Trap; and Riddle Me This, Republicans). In the process he’s received a significant amount of pushback from the Big Brain Thinkers in the GOP who are convinced that the Upton bill | Read More »
Speaker Boehner Kills Immigration Reform… For Now
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Speaker John Boehner has declared that the comprehensive immigration reform bill that originated in the Senate is dead. Good. The bill was a travesty. Now the GOP Establishment is looking for other ways to pass it.
Riddle Me This, Republicans
I have read Jeffrey Anderson trying to explain how the Upton + Landrieu combo is not a trap.He and other Republicans argue that Landrieu will destabilize Obamacare by keeping people out of the exchanges who are needed in the exchanges to fund it.Some of them are honest about what is going to happen. Rate shock will escalate more quickly and painfully.Insurance companies that have spent | Read More »
A Pork Stuffed Farm Bill and the Tyranny of Big Corn
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Tom Pyle to discuss the farm bills working through Congress, the pork stuffed farm bill working its way through Congress, why green energy isn’t as green as it sounds and how ethanol is driving your food prices up and your car’s gas mileage down.
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John Boehner in 2010 setting up my “We told you so” in 2013. #obamacare
And yes, I would like to take this time to remind the American people with regard to Obamacare that we, in point of fact, told you so. That’s then-House Minority Leader John Boehner pointing out in 2010 that Obamacare was passed in shameful fashion and in grotesque guise. He also noted that this entire “if you like your plan you can keep it” was arrant | Read More »
Snakes and Warriors
One of the more recent bromides emanating from the establishment is that the old bull politicians are just as conservative as the grassroots, but unlike our guys they actually“want to win elections.” Never mind that they are putting all their resources into Mitch McConnell, the only man who is losing a 23-point Romney state. They say that our candidates are unelectable. But if we’d only | Read More »
Tech at Night: MSNBC commentators are idiots. Pandora loses. Aereo must prevail.
I do apologize if I don’t go as in-depth tonight as I should. I think I’m coming down with something.
There goes Pandora. They appear to be giving up on getting their law passed that would give them a sweetheart regulatory deal, stomping on any need they’d have to negotiate in the marketplace. They don’t want competition or a marketplace. They want a command economy for music expanded beyond the insane system we already have in place for terrestrial radio. It’s good we’ve defeated their legal aims.
Speaking of picking winners and losers in regulation, here’s why they’re trying to kill Aereo. Broadcasters and cable companies are feeling threatened by the loss of revenues that are threatened by the push to go back to free terrestrial broadcasts, and we can’t let them get away with using government to prop themselves up.
MSNBC commentators don’t understand the law, surprise surprise.
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Tags: aaron swartz
, Tech at Night
, Trans-Pacific Partnership
Yes, It’s a Trap.
Since yesterday afternoon a bunch of good Republicans who’ve decided to put their faith in the man who banned the incandescent lightbulb, have been telling me how wrong I am for thinking the Upton Plan is a trap.Folks, it is a trap. You may not think it is a trap, but the Democrats are going to use it to turn the tables on the GOPCertainly | Read More »
Will The Supreme Court End Union Organizing By Extortion?
On Wednesday, the United States Supreme Court heard a case that has the potential to devastate the what’s left of the private-sector union movement. The case tangentially involves something that, to many laypersons, often looks like a form of extortion (or bribery) but is currently legal under U.S. labor law, wherein a union uses economic, political and media pressure (also known as Corporate Campaigns) to | Read More »
Nevada’s state #obamacare exchange numbers are… very, very bad.
So last month there was SOME sort of benchmark established for the Nevada state exchange: According to Nevada Health Link’s Twitter feed, as of October 15, 32,280 Nevadans had created accounts on the exchange, with 11,916 of them beginning applications. 3,795 had completed the eligibility process and 1,419 had selected a plan and placed it in their cart, a task at least one step short | Read More »
WWGO – November 13, 2013
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Today’s topics include Obamacare, Benjamin Franklin, Ken Buck, bread, circuses, celebs, and Jimmy Carter. What’s not to love? I mean, besides Jimmy Carter of course.