Tuesday, June 26, 2012

Romney: Man of Pastel | Michael D. Tanner | Cato Institute: Commentary

Romney: Man of Pastel | Michael D. Tanner | Cato Institute: Commentary: Romney said “If you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5 percent. That is by definition throwing us into recession or depression. So I’m not going to do that, of course.”

As the Washington Post’s Ezra Klein noted, “You couldn’t have gotten a clearer definition of Keynesian budgeting from Obama.”

China's Nukes in the 1960s: Lessons for Today's Iran | Ted Galen Carpenter | Cato Institute: Commentary

China's Nukes in the 1960s: Lessons for Today's Iran | Ted Galen Carpenter | Cato Institute: Commentary: During the early and mid-1960s, there were similar panicked warnings about China’s nuclear ambitions.

"The assumption that the leaders of Maoist China were so reckless that they might well turn East Asia into a pile of radioactive rubble came through clearly in those editorials. Even though China did not at that time have intercontinental ballistic missiles, the National Review editors were not reassured. They warned that China already had planes that could drop bombs anywhere in Asia, and that “a ship can carry a Chinese bomb into the harbors of New Orleans, San Francisco, New York, or London.” Given that danger, the United States could not sit passively “like a man who merely watches and waits while the guillotine is constructed to chop his head off.”"

Fixing One of the World's Most Broken Education Systems | Marian L. Tupy | Cato Institute: Commentary

Fixing One of the World's Most Broken Education Systems | Marian L. Tupy | Cato Institute: Commentary: "I established an open-door policy and a rapport with teachers' unions, which the previous minister ignored and treated with suspicion. I allowed parents to pay performance incentives to teachers whose salaries were a mere $100 per month back then. Those policies resulted in teachers returning to work and today the teacher attendance rate is excellent. I set up an education transition fund that allowed the USA, UK, Germany, Sweden, Finland, Norway, Denmark, Netherlands, Japan, Australia, and New Zealand to bypass Zimbabwe's government and help to finance our education system directly. I also managed to break a domestic textbook publishing cartel — three Zimbabwean companies that colluded to make windfall profits. I authorized UNICEF [the United Nations Children's Fund] to hold an international tender and the cost of books came down to 70 cents from five dollars. Textbook ratio fell to 1-to-1 and is now the best in Africa."

Mostly allowing the free market to work...

Dr. Paul Diagnoses Dr. Obama | Ron Paul 2012 Presidential Campaign CommitteeRon Paul 2012 Presidential Campaign Committee

Dr. Paul Diagnoses Dr. Obama |Ron Paul 2012 Presidential Campaign CommitteeRon Paul 2012 Presidential Campaign Committee: "The fundamental problem with health care costs in America is that the doctor-patient relationship has been profoundly altered by third party interference. Third parties, either government agencies themselves or nominally private insurance companies virtually forced upon us by government policies, have not only destroyed doctor-patient confidentiality. They also inescapably drive up costs because basic market disciplines — supply and demand, price sensitivity, and profit signals — are destroyed … Obamacare, via its insurance mandate, is more of the same misdiagnosis"