The Magnificent Failure of www.Healthcare.gov

Written by Gary North on October 28, 2013

The federal government is coercive and incompetent. The public vaguely understands this, although only in theory. People have a difficult time imagining just how incompetent the federal government is, because it is too big to understand. It spends over $3.5 trillion a year. People can understand crony favoritism when we are talking about a few […]

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No FED Taper Expected This Week

Written by Gary North on October 28, 2013

The experts predicted a taper for six weeks ago. They had predicted this all summer. I kept saying it would not happen. It didn’t. The experts then expressed surprise. Silly experts. The FED is now trapped. It will continue to inflate at $1 trillion a year. If it doesn’t, we will get a replay of […]

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600,000 Californians Will Lose Their Health Insurance in 2014.

Posted on October 28, 2013

This Kaiser Health News story has been reverberating across the Internet because it starts to put together the numbers of private health-plan insurers who are receiving cancellations. (This is a small group of Californians; a majority get their health care through employer plans, Medicare or MediCal.) I’ve written about the issue here and here. From the story: Florida […]

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Central Banks: No Cutback in Money Creation

Posted on October 25, 2013

We are at the cusp of another round of global monetary easing,” said Joachim Fels, co-chief global economist at Morgan Stanley in London. Policy makers are reacting to another cooling of global growth, led this time by weakening in developing nations while inflation and job growth remain stagnant in much of the industrial world. The […]

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21 Drone Pilots Face Racketeering Charges In Arizona

Written by John Odermatt on October 25, 2013

The Predator drone pilot’s cockpit is a safe, air-conditioned trailer. They do not breathe the air of the foreign lands their bombs destroy. Yet they are able to snuff out lives on the ground with the push of a button. The scrutiny directed towards drone pilots continues to increase as more open their eyes to […]

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Interpol Secretary General: “Arm Civilians”

Posted on October 25, 2013

Now here’s an idea. . . . * * * * * * * * * * * * * * * * * * * *Following last month’s terrorist attack at a Westgate shopping mall in Kenya, which left 72 dead and over 200 people injured, the Secretary General of the Interpol is considering […]

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Antibiotics Don’t Work Any Longer. Therefore. . . ?

Posted on October 25, 2013

The more you use an antibiotic, the more you expose a bacteria to an antibiotic, the greater the likelihood that resistance to that antibiotic is going to develop. So the more antibiotics we put into people, we put into the environment, we put into livestock, the more opportunities we create for these bacteria to become […]

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The Obvious Facts About the Debt Ceiling Showdown

Written by Robert Murphy on October 25, 2013

Big “showdowns” in Washington are always hype, with both sides distorting the facts so that the hapless citizen–whether he watches Fox or CNN–focuses on irrelevant details and misses the big picture. When it comes to the recurring conflict over raising the debt ceiling, here are two obvious facts that explode just about everything that the […]

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Death Panels: Palin Was Right, Says Liberal Salon.

Written by Robert Murphy on October 24, 2013

Remember in 2009 when Sarah Palin warned that Obamacare would lead to “death panels”? People ridiculed her alleged right-wing paranoia; PolitiFact christened her accusation the “Lie of the Year.” In this context, it’s ironic that a recent Slate article admits that socialized medicine goes hand in hand with government death panels. What’s even more disturbing […]

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