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Archive for July, 2014
Tech Companies Work to Tame Patent Trolls without Government Help

In the wake of Congress failing to pass patent litigation reform this year, the private sector has gotten into gear and has taken matters into its own hands.  Tech companies have formed LOTNet.  This article from Motherboard sums up this new idea: As they say, if you can’t go through, go around. Enter the License…
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Health Spending Grew Slower in U.S. than in Other Developed Countries, 2007-2011 (but the Trend Won’t Last)

It is unlikely that Obamacare explains the slowing rate of growth in health spending. A new research paper by Luca Lorenzoni and colleagues, from the Organization for Economic Co-operation and Development, confirms not only that the slowdown occurred well before Obamacare, but that health spending has slowed more in the United States than in…
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Reining in the Fed

The House of Representatives is currently considering a variety of bills intended to reduce the power of the Federal Reserve System. (“House Republicans Resume Efforts to Reduce Fed’s Power,” New York Times, July 11, Business Section.) Under the pretext of fighting high unemployment, the Fed has more than quadrupled its balance sheet since summer…
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Governmental “Reform” Is an Oxymoron

Pick your favorite scandal du jour: Four employees of the Export-Import Bank recently were forced out of their jobs following allegations that they had solicited or accepted bribes from beneficiaries of the bank’s subsidies for foreign-based purchasers of U.S. exports or steered loans to politically powerful U.S. exporters. The director of the Internal Revenue…
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A “Smart-Growth” Revolt in California

On June 18, the Larkspur City Council voted unanimously to kill a high-density “smart-growth” development plan for this community of 12,000 people 16 miles north of San Francisco. The plan called for building 39,500 square feet of office space, 60,000 square feet of hotel space, 77,500 square feet of retail space, and up to…
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Gun Control Encore? Someone Picked the Wrong . . .

As an encore to their very successful, earlier video ads on personal self-defense, GLOCK Inc. has produced a new series of superb and humorous videos featuring R. Lee “Gunny” Ermey: Someone Picked the Wrong Convenience Store:

NASA’s Children’s Climate Change Website, and the book 1984: Creating Spies One Child at a Time

From our friend Cal Beisner over at the Cornwall Alliance: What would you say if your child accused you of a thought crime, and turned you in to the thought police? Would you say it was ridiculous? Perhaps you would say, “There is no ‘thought crime’ in the United States.” Surely your children would…
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Understanding Waiting Times for Health Care

In Sunday’s New York Times, reporter Elizabeth Rosenthal discusses evidence that that waiting times for medical care in the United States do not always compare favorably with those of other developed countries: “I fully expect wait times to be going up this year for Medicaid and Medicare and private insurance because we are expanding…
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Rags to Riches (to Rags Again)

“Most income statistics present a snapshot picture as of a given moment—and their results are radically different from those statistics which follow the same given individuals over a period of years.” —Thomas Sowell Last week, CNNMoney carried a fascinating report on how rich families end up squandering their wealth: Nearly 60% of the time…
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Another Cover-Up? IRS and Social Security Administration Not Cooperating with Obamacare Fraud Investigation

In early June, we learned that over two million (of a total of eight million) Obamacare applications lacked income, citizenship, or immigration data to verify eligibility for Obamacare’s tax credits. In the middle of the month, the Obama administration began contacting “hundreds of thousands of people with subsidized health insurance to resolve questions about…
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