Tuesday, June 25, 2013

From Stagnation to Prosperity to Stagnation | Cato Institute

From Stagnation to Prosperity to Stagnation | Cato Institute: "By the late 1970s, many viewed Britain and the United States as in terminal decline. The United Kingdom had been rotting for decades. The empire had been lost, and Britain began to look more and more like a Third World country as incomes stagnated and inflation soared."

"On this side of the Atlantic, the United States was also in despair. Real incomes had stagnated, inflation seemed to be out of control, and the establishment political class had little idea of what to do."

"In fact, Reagan is the only U.S. president to have had a degree in economics."

"the combination of living within your means and working hard most often leads to individual and national success"

"The bigger government versus smaller government experiment has been run perhaps a hundred times around the world over the past couple of centuries, and the outcome is always the same."

Putin: Snowden, still in Moscow airport, is a 'free man' - CSMonitor.com

Putin: Snowden, still in Moscow airport, is a 'free man' - CSMonitor.com: "Yesterday Snowden was booked on an Aeroflot flight to Cuba, but he failed to show up, leaving about 30 journalists stranded aboard a 12-hour flight to Havana."

LOL!

Obama's Damaging Admission | Cato Institute

Obama's Damaging Admission | Cato Institute: ""When the PPACA begins reducing the number of uninsured, hospitals won’t need those subsidies. In his budget, however, President Obama proposes to increase Medicaid DSH payments by $360 million in 2014, effectively rescinding next year’s cut. This deceptively small item has far-reaching significance. With this proposal, President Obama has admitted that:

1. The PPACA is not likely to reduce uncompensated care in 2014."

"Hospitals, which lobbied forthe PPACA, have been threatening that unless states implement the Medicaid expansion, the Medicaid DSH cuts will lead to layoffs and closures in their districts.

President Obama has rescued the hospital lobby from that self-inflicted wound."


Federal Climatologists Pen Fantasy Novel | Cato Institute

Federal Climatologists Pen Fantasy Novel | Cato Institute: "it fantasizes that diseases tamed in the early 20th century, like the various water-borne trots, will reappear in big numbers because of warming, neglecting the fact that working sanitation systems and refrigeration largely have eliminated them"

" “Climate change… will also alter the stability of food supplies and create new food security challenges.” But it neglected to mention that we currently burn up — in the form of ethanol — four times more food than is possibly lost to climate change."

"we are in our sixteenth consecutive year without a warming trend"

Attorney General Holder says 4 American citizens have been killed in drone strikes since 2009 | Fox News

Attorney General Holder says 4 American citizens have been killed in drone strikes since 2009 | Fox News: "Attorney General Eric Holder says four American citizens have been killed in drone strikes since 2009."

Spying's the Story, Not Edward Snowden | Cato Institute

Spying's the Story, Not Edward Snowden | Cato Institute: "Judging by the vicious — and irrelevant — attacks on Snowden’s character, all too many leading pundits and journalists love nothing more than a ritual ragegasm against an alleged enemy of the state.

The Washington Post’s Richard Cohen calls Snowden a “cross-dressing Little Red Riding Hood”; he’s a “total slacker” with “all the qualifications to become a grocery bagger” jeers Politico’s Roger Simon. Snowden’s “a grandiose narcissist who deserves to be in prison” offers the New Yorker’s Jeffrey Toobin; Fox News’s Ralph Peters raises the stakes: a “narcissistic traitor” who belongs on death row."

NSA spying flap extends to contents of U.S. phone calls | Politics and Law - CNET News

NSA spying flap extends to contents of U.S. phone calls | Politics and Law - CNET News: "If the NSA wants "to listen to the phone," an analyst's decision is sufficient, without any other legal authorization required"

"the NSA records the phone calls of 500,000 to 1 million people who are on its so-called target list, and perhaps even more"

"the agency may vacuum up everything it can domestically -- on the theory that indiscriminate data acquisition was not intended to "target" a specific American citizen."