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Archive for September, 2009
What’s the Point of Demonstrating?

Thousands of Americans have just staged a demonstration in Washington, D.C., to express their displeasure with the growth of government in general and the Obama administration’s health-insurance proposals in particular. Such demonstrations are a tradition in this country. The First Amendment, which people usually associate with freedom of speech, religion, and the press, also…
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The Keynesians Were Wrong Way Before the 1970s

In an editorial published in the Wall Street Journal on 9/11, former Reagan and George H. W. Bush public official Peter Ferrara writes that “the fallacies of Keynesian economics were exposed decades ago by Friedrich Hayek and Milton Friedman. Keynesian thinking was then discredited in practice in the 1970s, when the Keynesians could neither…
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Anti-Big-Government DC Demonstration Draws Huge Crowd: “Don’t Tread on Me”

According to ABC News, Washington D.C. police initially estimated that a crowd of 60-70,000 people traveled from across the U.S. to participate in a massive demonstration (in the rain) not just against ObamaCare but the overall, huge explosion of federal power, spending and debt. Updated estimates (see London Daily Mail and San Francisco Examiner)…
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Why is the Senate in the Tourism Business?

The Senate yesterday voted to charge international travelers a $10 fee to help pay for a new nonprofit corporation that would promote tourism in the United States. See here. A reasonable person could be forgiven for wondering why the Senate is even bothering with such minutiae, as well as questioning the economic wisdom of…
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The Public Option: The President’s Analogy

In President Obama’s address on health care reform to Congress last night (September 9) he argued for a public option to private health insurance as an alternative, to compete with private insurers and give them an incentive to be responsive to their customers. Some critics have argued that with the advantages of government backing…
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Why Does Health Insurance Cost So Much?

In direct contrast to Barack Obama’s nationally televised talk on his government-mandated health care plan, here is John Stossel’s recent, very incisive, special segment on ABC-TV’s 20/20, “Health Care Mystery: What’ll That Cost?”, in which he examines government-created third-party payers and asks why it is so hard to find out what health care actually…
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ObamaCare Speech: I’m Radical and Mad as Hell

Dateline: September 9, 2009: Obama speech (as I watch): From the lips of POTUS  . . . Introduction: Insurance companies are evil but I do not want to put them out of business. (Huh? After listening to the litany of insurance company evildoing, any sane person would put them out of business.) Middle section:…
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A Lesson in Politics from Hubert Humphrey

In 1971 Hubert Humphrey was running for president (again; but lost the Democratic nomination to George McGovern), and I was an economics major at the University of Florida. Humphrey was giving a campaign speech on campus and I went to listen. Humphrey was facing a very rowdy crowd which was so loud in its…
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America’s Militaristic Culture

My favorite Francophilic American blogger, Arthur Goldhammer, defends the French tradition of military parades. The US, he argues, actually has a more militaristic culture. It’s true that one doesn’t often see armor rolling down Pennsylvania Ave. . . . It’s more common in America to lament ostentatiously the sacrifices of “our men and women…
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To Serve and Obstruct

Even when no one is being accused of a criminal act, even when someone is in need of medical assistance, the police coming to the rescue are at best an unpredictable mixed bag. In Kansas, police forced a woman to stop giving CPR to her toddler grandson. The family thinks the kid might have…
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