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Do our Political Leaders Lack Empathy or Competence?
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It may never cease to amaze me personally at how knowledgeable Congressman Ron Paul is on a number of issues, and how equally underutilized he is as a resource by the legislative branch of our government.
Case in point, below is an article written by Dr. Paul (who practiced medicine prior to being elected to the House) which was posted on LewRockwell.com in 2006. The health care reform debate had already reached a fever pitch throughout the country by this point because of escalating health care costs, and the nearly 14,000 annual deaths attributed to lack of health insurance in America.
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Health Care Bill Page 58 The US Government is pushing for health care reform and introducing what they call a "socialized healthcare". This bill is 1000+ pages in length and we do not want to go through all that. I have found a simplified, written in plain english summary of the said bill including the...... -
Save Money on Health Care Need ideas and strategies for saving on health and medical care? I have some suggestions. The older we get, the more we spend on health care. Unless and until we qualify for Medicare, it probably won't get any better. Even then, our out-of-pocket costs will no doubt be increasing. So...... -
Rising Health Care Costs and Medical Billing Despite recent changes to the national health care system, health care costs are rising. Thousands of American’s will find that their costs for both preventative and continuous health care will continue to get higher. The bills are going to keep piling up and keep adding on one another. It can...... - Hard Truth Week in Review - Health Care Whining Edition Our local paper ran yet another article featuring the stories of those who do not have health care insurance. The reporter undercuts the merits of the story by including the whinings of this woman who says she can't afford health insurance. First, she quits her $85,000/year job and chooses not......
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How and Why I Bought Long Term Care Insurance Mrs. GoTo and I recently bought long-term care policies for ourselves. I actually did it through my employer although the policies are such that we can take them with us. This post discusses the analysis and logic we considered in making this purchase. Long-Term Care Insurance is for All...
In a ten minute segment on CNN’s Larry King Live, Congressman Ron Paul (R-TX) was given the program’s nationally televised audience as a platform in order to respond to the allegation that capitalism has failed in America, made by renowned documentary film maker Michael Moore through his latest film, Capitalism: A Love Story.
Congressman Paul, well known as a staunch advocate of free market principles, states rather simply in the interview that capitalism has not failed the American people, as Moore’s movie contends. Naming instead ”corporatism” as the source of our current economic turmoil, which has resulted in record levels of unemployment since the fall of 2008.
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So Why are Economists Behind the Wheel? You knew that eventually there would be open verbal warfare among experts in economics and finance about how to predict and intervene in a bad economy. This cover story in Business Week describes the battles that are now waging. I think the article is worth reading so here is a... -
Bush Plans to Host World Summit to Address the Current Credit Crisis The United States President George Bush recently announced his intention to hold a world summit involving leaders from all around the world in order to discuss the global financial crisis in the near future. What he did say however is that any financial reform should absolutely not come at the...... -
How Government Spending IS Different Last week I got into a comment discussion on a post over at Rocket Finance. His post had to do with the current economic stimulus package and whether or not it was wise to spend our way out of the current crisis. Do Personal Finance Rules Apply to the Government?...... -
Argentina -- A Cautionary Tale of Economic Decline Named by Spanish explorers from the Latin word for silver, even the name "Argentina" alludes to the prospect of great riches. Yet, in many ways, Argentina has turned out to be the opposite. Almost uniquely in the Western hemisphere, Argentina was once considered a developed country and then lost that...... - You Can't Spend Your Way Out of the Crisis WSJ had an interesting article on New Zealand Prime Minister, John Key. A former foreign-exchange trader, he takes supply-side approach to the global recession. "We don't tell New Zealanders we can stop the global recession, because we can't," says Prime Minister John Key, leaning forward in his armchair at his......
Are we all still “Keynesians” now?
Posted by: | CommentsI first heard the term “Keynesian” used in describing the economic policies of our government by a panelist on a segment of NBC’s Meet the Press, and after doing some research, I fully agree with this characterization. As well as former President Richard Nixon’s proclamation that, “We are all Keynesians now.” But what does that mean exactly?
To understand this term, and the often criticized propensity of the federal government to increase spending during economic downturns, even when running a deficit (referred to as “deficit spending”), a firm grasp of the economic philosophy espoused by John Maynard Keynes from the early 20th century is extremely beneficial.
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Related Websites - Why Inflation Is Bad When the Fed prints more currency notes (to pay for the war and the interest on all the T-bills we've dumped on the rest of the world) it devalues each existing dollar in circulation. This is an inflation in the money supply and its bad for us in the long......
- Do You Need Low Income Grants? Low income families find it difficult to achieve their dreams when finances are inadequate. Opportunities are not reserved just for the wealthy. The government offers grant money for several different needs. Things an individual thought they could never afford are now within reach such as housing, starting a business and......
- Young American’s Guide to Avoiding Debt This article is a guest post by William Eve. William writes about saving money, investment loans and real estate for Home Loan Finder. If your a first home buyer or looking to refinance, visit the Home Loan Finder website for great advice and to compare home loans today. Avoiding debt......
- Adoption Corruption 3) Do ongoing research to understand the cultural/economic/political, etc. 3) Do ongoing research to understand the cultural/economic/political, etc. context in which adoption from these countries takes place. --Work to understand the role of orphanages within these specific cultures. Do orphanages function as boarding schools for the poor, as temporary social safety nets for children whose families intend to continue......
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Who Do You Trust? Why Obamacare Needs to be Repealed With so much debate in the political realm about entitlements, healthcare, fiscal responsibility and the economic crisis, what should be the proper American response? In an arena that is supercharged with opinion and emotion, where should we look for guidance as we formulate answers and plan our actions? As Americans......
Does the new boss seem too much like the old one?
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AP - The new boss and the old boss at the inauguration
The GOP has been expectantly critical of the Obama Administration since officially relinquishing the White House in late January 2009. The most divisive issue to date being health care reform.
Surprisingly, costly legislation like Obama’s Economic Stimulus Package was met with lukewarm resistance by Republican leadership on Capitol Hill.
My opinion of the current Administration after almost a year in the White House is that there is minimal variance in the substance of its foreign and domestic policies when compared to its predecessor, and I am not alone in my assessment.
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Related Websites - The Obama Economic Advisory Team - A Scary Group If you want to predict what an inexperienced politician will do when suddenly elevated by voters into a position of vast power and influence, it helps to evaluate the people he has picked to advise him. So it is with President-Elect Barack Obama. Last week Obama held his first press...
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Switzerland Oldest Bank Says F.U. America When everything was going down with UBS, a different Swiss banking firm came out with a very strongly worded letter bashing the United States. I have no idea how this possibly got past my radar, but it did. The Swiss Banking firm, which claims to be the oldest in the... - The Foolish Main Street Real Estate Bailout It's this kind of partisan economics that doesn't allow me to be a Democrat, even though I've said goodbye to the Grand Old Party. In fairness, it's only a Beltway rumor, albeit a very prominent one, but still, the implications are so mind boggling that it borders on lunacy. Main......
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Obama Administration Threatens Chrysler Debt Holders WedNEWSday - May 6th, 2009 Barack Obama and his administration threatened to destroy the reputations of the Chrysler debt holding financial firms who opposed the administration's plans for restructuring the automaker. Bankruptcy attorney Tom Lauria revealed that his client, Perella Weinberg, was "directly threatened" by the Obama administration. "One of...... - Getting to Know the Administration: Chief of Staff Rahm Emanuel As we all know, Rahm Emanuel has been chosen as Barack Obama's Chief of Staff. But just who is this guy? This is the first part in a series that help you get to know each person that makes their way into the Obama administration. Rahm Emanuel was appointed as......
New York Times - ALS patient receives firsst injection of iplex in March 2009
In a society which subsidizes the cost of prescription drugs for the rest of the world by being charged substantially more for pharmaceuticals THAN ANY OTHER COUNTRY, you would think that terminally ill patients in America suffering through debilitating diseases which have no cure, would be afforded the unfettered option of being prescribed any therapeutic approved by the Food and Drug Administration (FDA), which they and their doctors mutually agreed upon.
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Corporate Blogging Precautions Whenever you decide to get into corporate blogging, you should be aware that there are some precautions you will need to take. Here are some guidelines to help you avoid disaster and create a very successful blog. 1. Never air your company’s dirty laundry. If you are frustrated about a...... -
Starting a State Quarters Collection If you have an interest in coins or coin collecting, but you are not really sure where the place is to get started, why not consider starting your own unique state quarters collection? Collecting coins, especially starting a state quarters collection is a hot topic right now, at least as...... - How Accessible Is Your Technology? Many of us depend on the use of computers to do our jobs. We’re much more productive than before they were available, don’t you think? But imagine you’re blind and can’t see the screen or have a mobility impairment that precludes your use of a mouse. For many of us......
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FDA Approves Continuation of ALS Stem Cell Trial Emory University researchers have received approval from the Food and Drug Administration (FDA) to advance to the next phase of a landmark trial to treat patients with Amyotrophic Lateral Sclerosis (ALS) using human neural stem cells. The Phase I trial, currently underway exclusively at Emory University, is designed to assess...... -
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PluristemBegins Enrollment in U.S. With Unmatched Placenta-Derived Stem Cell Product PLX-PAD in a Phase I Clinical Trial for Treatment of Peripheral Artery Disease Pluristem Therapeutics Inc. today announced that it has begun enrolling patients in the U.S. for a Phase I clinical trial with its unmatched placenta-derived stem cell product, PLX-PAD, the Company`s leading product candidate for the treatment of critical limb ischemia (CLI), the end-stage of peripheral artery disease (PAD). Enrollment began......
Published Physician Joins Health Care Debate Via The Internet
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The following is a letter which was brought to my attention by a member of the ALS community but originally posted on www.freerepublic.com causing a fair amount of contraversy over the internet concerning the health care debate. It was authored by Dr. Zane Pollard, pictured left, who has been published on numerous occasions in medical journals, with over 90 scientific papers to his credit, and operates out of Children’s Healthcare in Atlanta, GA.
Friends:
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Related Websites - 40 Year Mortgage Is Usually A Bad Idea Although they have become much rarer thanks to rapidly-falling real estate prices, the 40 year mortgage is here to stay. Once prices begin rising and home affordability again becomes an issue, I have no doubt 40 year mortgages will become more popular than ever. I don't think this is necessarily......
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Health Care Reform Bills As you might have known, America is now divided and in chaos about the government proposed health care reform bills. Government and government supporters say it is good while other say that it is bad. The bill is more than a thousand pages in length but the topic which is...... - Dave Ramsey scares me Dave had published his expectations that the market would grow 12% on average and right until 2000 there was little reason to dispute this. Only, there was something wrong with Dave's math even then. There's a difference between the long term CAGR (compound annual growth rate) and the average return.......
- How and Why I Bought Long Term Care Insurance Mrs. GoTo and I recently bought long-term care policies for ourselves. I actually did it through my employer although the policies are such that we can take them with us. This post discusses the analysis and logic we considered in making this purchase. Long-Term Care Insurance is for All...
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40 Year Amateur “Amateur!” A friend exclaimed in disgust after a rather lengthy and confusing business presentation. Yet this was from a supposedly respectable man with 40 years of business experience. Another man, a well known multi-millionaire simply told us quietly that he once had a mentor who told him there are people......
MSNBC Is Apparently Against Free Market Economics
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AP - Lawrence O'donnell, frequent contributer on MSNBC
The August 7, 2009 episode of MSNBC’s the ED show, in which Lawrence O’Donnell guest hosts and interviews Euro Pacific Capital CEO and free market economist Peter Schiff, is as shameless a display of a program host perpetually interrupting a guest as I have seen since…Chris Matthews interviewing ANYONE who disagrees with increased government involvement in the health insurance industry.
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Related Websites - Personal Finance Links (No Ordinary Weekend Edition) It's been a less than ordinary weekend around the Lazy Man household. Usually when my wife travels for work, it is away during the week when I've got my hands full with running websites. This weekend she was off at a conference and I stayed back to take care of......
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Peter Schiff's New Book: (1) The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Markets are Down This is going to be the first of a series of posts about Peter Schiff's new book (well, it was new in 2008), The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down. Peter D. Schiff is an independent market...... -
Alternative Strategies for Saving on College Tuition Mr. ToughMoneyLove is a regular critic of colleges and universities. There is lots of hard truth to be spread about the deficiencies in our system of financing higher education. First, many colleges are what one writer has called failure factories because they graduate so few of the students who attend.... -
Can We Have an Economy without Losers? I'm getting the feeling that our government is trying to design an economy in which nobody loses. Is it possible to have an economy without losers? I don't think so. Despite President Obama's attempts to transform what was a national credit party into a government rescue party, every... - Why Google Adsense Still Rocks Today Google Adsense pays out hundreds of millions of dollars in commissions every year with their affiliate program. This in spite of the fact that it has been around now for several years and continues to profit and do extremely well. Why is that? 1. First of all this is Google......
Is Health Care Reform Legislation Justified Cause for Concern?
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Proposed Congressional health care reform legislation, H.R. 3200, supported by the White House, is currently over a thousand pages in length, knee-deep in legalese, with an annual budget of $104.2 billion. The bloated proportions of this proposed legislation (among other things) has some politicians, bloggers and a cross-section of the American populace up in arms. With more than a few vocal constituents angrily expressing frustration and concern at town-hall meetings.
Does the excessive length and convoluted language of this particular bill, compounded by the daunting size of its budget, justify at least some of this concern?
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Related Websites - Best Reads of the Week: The Demographic Profile of Millennials Edition Being a student of social anthropology, I always find generational studies particularly interesting because they ask wide array of behavioral, economic, and big picture questions that have a fairly good chance of impacting the future path of a country. This demographic profile, from the Pew Center on the American Millennial......
- OTCRX4U OTCRX4U is one of the preferred online shopping stores deliver various offers, discounts on various products. We are devoted to our customers and put forth every endeavor to keeping them satisfied. OTCRx4U.com facilitates small to large scale business with reasonable services to manage and market their business online. We......
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Enhancing your Business with Blogging Blogging has become an extremely popular activity for businesses, and it also has created a very important impact in other circles as well, including an activity for the political scene as well as for ordinary individuals as well. Google purchased Blogger in 2003, and ever since, blogging has continued to...... -
Why Health Insurance Is An Important Part Of Retirement Planning Many people that are planning to retire assume that a great deal of their healthcare costs will be taken care of after they have retired from their job. Others fail to take into account how much medical bills may cost if they become really sick. Planning for your health care... - Predicting the Costs of Long Term Care Imminent health care reform may include a long term care plan that consumers can buy into. The benefits offered are likely to be helpful but inadequate. How inadequate? You can find out by using an online long term care cost estimator. First, consider these statistics regarding the actual need for......
Chris Matthews Has Officially Become The “Bill O’Reilly” Of MSNBC
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Humorus representation of msnbc's Chris Matthews
Chris Matthews, host of MSNBC’s Hardball, has ceased being a serious network news figure and become the cartoonishly vigilant attack dog of proposed health care reform legislation, currently known as H.R. 3200.
Every time Matthews moderates a segment on this proposed legislation, it follows the same basic format: He’ll typically have two guests, one for and one against, and the dissenter (predictably) is not afforded the professionalism or civility one would expect on a network news program.
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Related Websites - Get Money Smart, Spend Less, and Save More this Month - Tough Money Love Style These are Money Strategies I Actually Use Although I am dedicated to personal financial planning, I concede that I am not a pure "frugalist" or money "hacker." I particularly lack a desire to find the best credit card deals because I dislike credit card companies. I like to think of...
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Health Care Costs That Drain Your Budget A hot topic in the news today is health care. Whether or not you agree with the President's health care reform, most people will agree that something has to be done. Americans continue to see health care costs rise making it impossible for some families to afford coverage. There are...... -
Health Care Bill: Is It Doomed? The Health Care Bill is being delayed. That's not a bad thing. A report from the Washington Post informs us that Congress is taking a second look. We can only hope it will be a longer, more informed look this time. There are many questions which need to be answered... - Obama's Health Care Reform Brings Hope For His Middle East Policy Once in a while there is a great article, and for every person that article will be different. For some this is going to be one of them, and for others you will want to just set it aside and pretend you never saw it. Don't just read the content......
- Health Care Spending in 2016 According to a WebMD article Health Care Spending will reach 20% of all spending in 2016. This is an amazing number to me, but it's really not that surprising. As baby boomers get older it makes sense that more money would go towards health care. Medical advances should continue at......
I get annoyed every time I hear a network news anchor refer to N. Korea as a “rogue nation.” It makes me wonder, “do they have any idea where they live?” You would think that people who make a living reporting the news might actually read it every now and again.
Kim Jong-il, the dictator of this so-called rogue nation, granted amnesty to the American journalists convicted of illegally entering into N. Korea while investigating human trafficking. They were detained by the N. Korean government for a total of 40 days.
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Related Websites - Social Security's Death Clock Ticks Faster this Year [Today's guest post is by Kosmo, a man with more irons in the fire than your local iron incinerator. He recently launched a consulting business (Sparks by Kosmo) and announced plans to publish a book on the lives of sports card collectors. Today, as he pursues a run at the......
- Broadband speeds keep going up Zdnet is reporting that a British broadband company, NTL is upping their Cable internet speed rto 10Mbps at no charge by the end of the year. Other competitors in the UK are already at 8Mbps for their rates. It sounds as though ADSL+2 promises speeds upwards of 24Mbps by the......
- US Ski Team Member Profile of David Babic David Babic in a current member of the US Ski Team that is quickly rising in popularity. He was born in Berlin, VT and currently resides in Washington, VT. He has been on the team for four years, and this 29 year old athlete is definitely a rising star youâll......
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Lending Club Update: Earning 15.6% NAR on P2P Lending Investments ~ ~ ~ April 2011 Update: Shutting Down My Lending Club Investments over Q&A Change ~ ~ ~ My Lending Club investment portfolio is continuing to look fairly impressive as we close the books on 2010. Summary Net Annual Return is up to 15.64% NAR. My highest observed NAR... -
Seven Retirement Lessons Learned This post was written by Marie. Do you dream of retiring some day? Maybe you are ready to retire financially but have other concerns. Perhaps you are socking away go-goobs of money for a far off retirement date and are wondering if it is worthwhile to forego all those......