Posts Tagged ‘ Regulate ’

Thanks for the Party – May I Have a Doggie Bag?

March 13, 2010
By John
Thanks for the Party – May I Have a Doggie Bag?

The Federal Government set a new record for monthly budget deficits last month.  According to the US Treasury Department on Thursday, the Feds ran up a $221-billion deficit during February, 2010.  That’s just over $700 for every man, woman and child in the United States.  In one month.  Just 28 days.   Yes, that’s $700...
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Posted in Economics, Politics, Uncategorized | 2 Comments »

30%: A Health Care Number to Remember

March 4, 2010
By John
30%:  A Health Care Number to Remember

I’ve been arguing for a long time that we should return to an updated version of the ‘major medical’ insurance programs we had in the pre-HMO era, instead of plunging further into the pre-paid insurance morass that ObamaCare would impose.  I’ve argued that in a well-designed major medical model, prices will come down because...
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Posted in Economics, Health Care | 5 Comments »

Time to Finally Finish Off The Banks? New Treasury Idea Gives Hope to Haitian-Style Takeover Of America

February 28, 2010
By John
Time to Finally Finish Off The Banks? New Treasury Idea Gives Hope to Haitian-Style Takeover Of America

Administration Proposes Ban on Foreclosures In what could prove to be most destructive proposal yet floated by our friends in Washington – and it’s tough to reach that level of fecklessness in a parade that includes floats submitted by ObamaCare; Cap & Trade; Stimulus I, II and III; Sotomayor; Bond holder rip-offs at GM...
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Posted in Banking, Economics, Politics, Uncategorized | 1 Comment »

None Dare Call It Nullification

February 20, 2010
By John
None Dare Call It Nullification

The Wall Street Journal reports this morning that at least 30 states are working to pass legislation or launch ballot initiatives that would throw down a gauntlet before the Administration and Congress on ObamaCare.  The proposals vary a bit from state to state, but are generally called something like The Healthcare Freedom Act.  At...
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Posted in Politics | 2 Comments »

Time Passes Bayh: Moderates Shuffling to the Door

February 15, 2010
By John
Time Passes Bayh: Moderates Shuffling to the Door

Senator Bayh Calls It Quits According to a report in the Wall Street Journal today, Senator Evan Bayh (D-IN) is not running for re-election this year.  In explanatory comments made just a few moments ago, he claims it is because of the ‘excessive partisan gridlock’ that plagues Congress.   If that excuse rings hollow to you,...
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Posted in Economics, Politics | 1 Comment »

Is the Iron Chef in Chief Fast Tracking Another Financial Crisis?

January 24, 2010
By John
Is the Iron Chef in Chief Fast Tracking Another Financial Crisis?

Cloudy with a Chance of Meatheads? This week, a panicked American political leadership took important steps toward pushing our financial system off a cliff.    The election loss on Tuesday triggered a round-robin of recriminations, accusations and repositioning by elected politicians around the country.  And on Wednesday the President joined the chorus of confusion with a...
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Posted in Banking, Politics, Uncategorized | 1 Comment »

Progressive Pivot: Tax, Blame or Cookies Anyone?

January 22, 2010
By John

Only two (2) days after ObamaCare was thrashed by an aroused Massachusetts electorate, they’re already at it again in Progressiveland.  Like a pack of zombies whose endless appetite for yummy-crunchy-taxpayers was interrupted by a heretofore compliant herd of New Englanders, the Washington liberal elite are scouring the streets and valleys of America in search...
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Posted in Politics, Uncategorized | 1 Comment »

Regulate Me Before I Betray You Again!

January 15, 2010
By John

Banking is a great business.  Nobody believes me when I tell them that.  But it is a noble enterprise.  You get to hold your neighbor’s hard-earned savings in exchange for a small amount of interest, you can lend those savings to worthy borrowers and generate a reasonable rate of interest in return, and you...
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Posted in Banking, Economics, Politics | 1 Comment »

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