Monday, June 15, 2009

Ten and Win - www.tenandwin.com

Ten and Win - www.tenandwin.com: You could with $20,000 if you can recite the 10 commands. Only the first person to do so will get the prize.

Campaign For Liberty — Libertarian Health-Care Alternative: Medical Choice - Part II

Campaign For Liberty — Libertarian Health-Care Alternative: Medical Choice - Part II: "unhealthy people spend more on health care and live shorter lives; it has very little to do with who pays their doctors. Unless you propose that we kill them - which would provide the additional benefit of reducing CO2 emissions, so maybe I shouldn't have suggested it - nationalizing health care will not make us healthy.


Americans are not particularly healthy people; and this is a choice we have made fully informed."

"The solution for health insurance is hiding in plain sight. Let's think about driving. There are good drivers and bad drivers, and all points in between. For the most part, your driving costs are the consequences of your choices and behaviors. Your choices decide direct costs of driving, and you also choose from a wide array of insurance products, based upon your own needs, preferences, behaviors, and economic circumstances."

Campaign For Liberty — Libertarian Health-Care Alternative: Medical Choice - Part I

Campaign For Liberty — Libertarian Health-Care Alternative: Medical Choice - Part I: "There are many reasons to oppose government-run health care, but we only really need the first one; the government will run it."

"The problem with our health care system is economic inefficiency – cost escalation in health care has outpaced other sectors of the economy. Health care and health insurance are two of the most regulated economic sectors; if government interference was the answer, we would not have the problem. Economic inefficiency in health care starts with the disempowerment of the consumer in medical choice. We consumers (patients) have very little effective say over what care we receive and what we will pay."

"Where choice and competition exits and consumers pay directly for the health care services they receive, costs do not escalate; in many cases, they have gone down. Who could have imagined $4 prescription drugs five years ago? Or $29 eyeglasses? Who could have predicted how inexpensive laser eye surgery has become? Free market capitalists, that’s who. These examples do not come from the world of over-regulated, third-party-pay medicine; they were produced by consumer choice, provider competition, and direct payment. Medical Choice works."

Biden Says 'Everyone Guessed Wrong' on Unemployment Numbers - Political News - FOXNews.com

Biden Says 'Everyone Guessed Wrong' on Unemployment Numbers - Political News - FOXNews.com: "Vice President Joe Biden said Sunday that 'everyone guessed wrong' on the impact of the economic stimulus, but he defended the administration's spending designed to combat rising joblessness.�

Biden said inaccuracies in unemployment predictions shouldn't undercut the White House's support of the $787 billion economic revival plan that has not met the expectations of President Obama's team. Instead, the vice president urged skeptics to look at teachers who kept their classroom assignments and police officers who kept their beats because of financial assistance from Washington."

Even if everyone else was also wrong, when you are wrong you should at least reexamine your assumptions.

Insuring Bankruptcy | Richard W. Rahn | Cato Institute: Commentary

Insuring Bankruptcy | Richard W. Rahn | Cato Institute: Commentary: "If you were in debt, would you be more or less likely to increase your liabilities if you knew someone else would pay them off? Many children can quickly figure out the answer to this question, but it seems to be a real stumper for members of the House Financial Services Committee, chaired Rep. Barney Frank, Massachusetts Democrat. They are considering having the federal government reinsure municipal bonds."

"If California is bailed out, other governors and mayors are going to think, "Why be prudent if the Feds will rescue me if I am irresponsible and overspend?" If that occurs, there will be no limit to the liabilities that ultimately will be dumped on the American taxpayer. Those of us who live in relatively well-managed states like Virginia will be responsible for all of those who have been less responsible — without end."

"The low-tax states tend to have higher income growth and lower unemployment rates than do the high-tax states. And, as would be expected, people move — particularly the most productive and the highest-income earners — to lower-tax states as they increasing flee high-tax states.

Past financial disclosures by members of Congress have shown many of them own state and municipal tax-free bonds. If any members of Congress vote to insure, reinsure or provide any other form of bailout for such bonds, they will have a very direct conflict of interest because they will be voting to bail out their own portfolios (and/or those of friends and family), all at the expense of the taxpayer."

Dead Banks Walking - Doug French - Mises Institute

Dead Banks Walking - Doug French - Mises Institute: "RBC Capital's Gerald Cassidy, who is predicting that there will be over 1,000 bank failures, half-jokingly says that he scans Bankrate.com to identify the highest rate payers to determine which banks will fail next, according to Condon."