
H/T to reader F M
Economic, Financial and Political Analysis
A reader commented on the prior email on ObamaCare that was posted as the pre-implementation effects of ObamaCare. There is nothing in this subsequent email to disagree with as far as my understanding of the bill goes. It is simple economics. Price controls always cause quality and quantity to deteriorate. When constraints are particularly [...]

A year ago, I wrote a rather long piece entitled People vs. The State – The Coming Battle. Upon re-reading it, I thought it more pertinent now than it was then. As we advance toward November 2, the issues then discussed have galvanized into voter fury unlike anything that any of us have experienced. Here [...]
Obamacare on Life Support by Maggie Piggot 05/24/2010 Obamacare is turning out to be a series of broken promises. It’s been the law of the land for less than two months, and already the President and Congress have reneged on vows made to the American people. For example, the nonpartisan Congressional Budget Office recently presented [...]
Intervention into markets produces unintended consequences. The price controls of Medicare and Medicaid have been affecting medical practitioners for years. According to Mish, Medicare is now imploding: “Doctors losing money doing “God’s Work” in Medicare, are tired of the losses. Many refuse to take new patients. Others have thrown in the towel altogether.” Whether it [...]