The Cato Institute provides an initial reaction to the ObamaCare ruling by the Supreme Court.
Archives for June, 2012
The complexities and deceptions of the government are impossible to fully comprehend. Programs with stated purposes are used in ways that have little relationship with their mission. Effectively, much of government is a giant slush fund with monies are shifted around by the political winds. The problem du jour rather than the cause for which money [...]
The motivation behind “Fast and Furious” is not known. The more one learns of the program, the more incredible it becomes. The idea, transferring guns to Mexican drug cartels, is so stupid that it is hard to rationalize what might have prompted such a program. Ultimately the facts will come out, although not necessarily in a [...]
Bill Bonner always provides insightful articles. Here he deals with economists in a non-flattering way. Readers of this blog know that I agree with virtually everything he says below. I have likened much of the profession to prostitutes in the sense that they sold out their principles for the grants, prestige and income available to [...]
The bottom line of the SCOTUS decision on ObamaCare is that The Constitution has been effectively repealed. It is no longer controlling. The uniqueness of the US was taken away. The Rule of Law is gone. It has been replaced by The Rule of Men. Congress and the political class can, for all practical purposes, [...]
Stockton, CA just declared bankruptcy. It is not the first, nor will it be the last, municipality to do so. As the image to the right shows, Stockton was recently considered an “All-American City.” Perhaps that is a portent for other cities who believe they are extra special. Does anyone believe that Detroit can survive [...]