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Clintonite Matt Miller Makes the Case Against the Public Option
3 comments on Clintonite Matt Miller Makes the Case Against the Public OptionNo system will be perfect, but to me it’s axiomatic that competing, regulated insurers will be more responsive to change and innovation than a government bureaucracy.
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The Perverse Incentives of Our Health-Care System
An article in the September Atlantic does the best job I have ever seen of describing why health care is so resistant to cost-control efforts. At 11,000 words, “How American Health Care Killed My Father”…
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Madoff Hoped for Eventual Freedom
Bernie Madoff got the maximum sentence of 150 years in prison for stealing billions in what the judge called his “extraordinarily evil” Ponzi scheme. Probably it should now be renamed a Madoff scheme — Mr.…
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Obama’s Intimidation Trumps Fiduciary Duty
The group of secured lenders who were holding out for fair treatment in the Chrysler bankruptcy has disbanded, after two more defections in the face of pressure from the Arm-Twister in Chief. “After a great…
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When Obama Says “Hedge Fund,” Think “Widows and Orphans”
At least one of Chrysler’s “secured” lenders is vowing to stand fast against President Obama’s efforts to bully the lenders into abdicating their fiduciary responsibility. NEW YORK (Reuters) – Plans for a quick sale of…
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Obama’s Not-So-Invisible Hand
Now that the Automaker-in-Chief has fired the CEO of General Motors and instructed Chrysler to sell itself to Fiat by the end of April, he’s turning his attention to a variety of other essential American…
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Slouching Towards Europe: Obama’s Domestic Agenda Undercuts American Exceptionalism
I’ve been pleasantly surprised by President Obama’s steadfastness regarding national security issues. After winning his party’s nomination by promising to surrender in Iraq more quickly than the other Democrats would, Obama has: retained his predecessor’s…
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"Stimulus" Bill Would Gut Welfare Reform
Buried deep in the so-called “stimulus” bill is an appalling sneak attack on one of the most important positive legacies of the previous Democratic president. As a National Review Online headline calls it, the provision…
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Grateful to Live in the Shining City on the Hill
Conservative Peggy Noonan takes a step back from the gloomy economy and focuses on the big picture: People are angry but don’t have a plan, and they’ll give the incoming president unprecedented latitude and sympathy,…
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Sorry, No Tears Here for Madoff’s Clients
(After learning more about Madoff’s victims, I recanted in a later post — KP) Apparently regulators ignored warning signs for more than a decade while Bernie Madoff stole and/or lost as much as $50 billion…