all NYC residents, including illegal immigrantsNew York City Mayor Bill de Blasio announced a universal health care plan on Tuesday, promising affordable medical coverage to all residents, regardless of citizenship status. But details were scant on how the program will be funded.
The politicians always begin every argument, every TV and radio interview, every speech with the same lie: “The American People are too smart to…”
Halt the presses! Reality time: No. They. Are. Not.
The American People chose to be led by Obama for a Wasted Decade. “Too smart”? Yeah, by half. read more
Without letting the stock market naturally correct, we’re setting ourselves up for another crash.
Very quickly, let’s define the difference in a mere stock market dip, a correction and a full-on crash.
Dips happen quite frequently. It’s like taking three steps forward and one step back, which still leaves you ahead and also provides good buying opportunities. Maybe the market advances 5, 6, 7 percent and then takes a two or three-point dip. No big deal. read more
What seemed like an impossibility just a few years ago is now a reality for many across the country: gasoline that costs less than $2 a gallon. It’s amazing for many reasons.
By her own admission, the CEO of General Motors wants to further her pursuit into crony-corporatism to achieve her vision of an
all-electric, zero-emissions future.
There is something inherently wrong with the term crony-corporatism – although most use the term crony-capitalism.
There really isn’t anything capitalistic about cronyism. And there isn’t anything inherently wrong with corporatism. In both cases, the problem is “crony.”
For those unfamiliar, crony-corporatism is when a private-sector corporation gets in bed with the government. It may be federal or state, but in either case (or both), the corporation curries favor with the government, seeking special carve-outs and regulations that effectively lock out their competition. It’s an insidious relationship that benefits none but the corporation and government special interests. The consumer always suffers in the end. read more
Remember when Republicans said that ObamaCare was designed to fail so Democrats could push “single payer?” That was called conspiracy mongering. But guess what? ObamaCare is failing. And Democrats are now pushing “Medicare for All” as the solution.
Trouble is, Democrats aren’t telling voters anything about what “Medicare for All” means. Probably because the plan would be the most radical socialization of health care on the planet.
Everyone from New York socialist Alexandria Ocasio-Cortez to Texas Senate candidate Beto O’Rourke has called for “Medicare for All.” So far, 123 congressional Democrats and 16 Democratic Senators have co-sponsored “Medicare for All” bills. read more
Bernie Sanders, who never held a steady job until he started getting paid by taxpayers, thinks Amazon should pay its workers more. And if it doesn’t, he wants to tax Amazon for each “underpaid” employee, to finance government benefits. Even Bernie’s friends think he’s off the rails.
Sanders, never one for subtlety, calls his new bill the “Stop BEZOS Act.” It would impose a tax on each worker employed by any company that hires more than 500 people. The tax would cover 100% of the cost of whatever federal benefits those workers or their families might also be getting. read more
Let’s pass a federal law to end all poverty by the year 2040. That will fix everything.
Oh wait – we already have hundreds of laws attempting to eradicate poverty that were instituted several decades ago. Funny thing – we still have poverty, and at about the same percentage as when the war on poverty began over a half a century ago.
It’s a clear example of the fact just because the government passes a law, it doesn’t magically make it so.
But that’s what leftists do. They see a perceived problem, which usually isn’t, and then set about to pass a law or regulatory mandate to “fix” a problem that isn’t. read more
There isn’t much good to say about Labor Day, except maybe that it could be worse — it could be on May 1, which would make it a full-on Communist holiday instead of a merely crypto-Communist one. For that we can thank Grover Cleveland, the last pretty-good Democrat (seriously: gold standard, anti-tariff, vetoed twice as many bills as all of his predecessors combined — Rand Paul is a fan), who pushed for the creation of a labor festival in September as cultural competition to the international workers’ celebration in May, sort of the reverse of the strategy of the early Church fathers’ choosing the dates of heathen festivals for the new Christian holidays.
So, from the two out of three working-age Americans who are gainfully employed, a round of applause for President Cleveland. But crypto-Communist holidays are not so great, either.
Labor Day, like Obamacare and much else that is distasteful about American public life today, is a product of American liberals’ desire to be Canadians. The ’Nucks started celebrating labor on the first Monday in September in the 1880s; this holiday grew out of a parade celebrating a typographical workers’ strike in 1872. Soon, U.S. labor bosses, especially the Marxist Central Labor Union, wanted a holiday of their own. read more
This is another lesson in Economics 101. And one that the government should meddle in. I discussed this very topic last year in a video podcast. You may view it here. It’s in segment 2 which begins at about minute 19:25. Or you read my article regarding the same here.
Hawaii has taken a hit from Hurricane Lane, with an estimated 40 inches of rain and flooding in several areas. It’s an old story: Already, claims of price gouging for everything from propane to airline tickets have emerged. Should Hawaiians curse the gougers? No, they should thank them.
First off, let’s concede there are no doubt businesses that are technically breaking Hawaii’s anti-emergency gouging laws, which forbid stores from raising prices on food, water, ice, gasoline, cooking fuel, batteries and generators, chemicals or building materials during a declared disaster or emergency. read more
