How Can We Get Cheaper Health Care?

My former colleague, Maxwell Borders, knows exactly why American health care is so expensive. He gives a list of ten reasons (hint: the first has something to do with the tax code).

See Video

For those who prefer visual stimluation, Max is not the sort of fellow to let anyone down. I’ve added a videos produced by Max on the topic of health care reform below. You can watch the follow-up video here.

 

Taylor’s (and Friedman’s) Error

In a book review by Clive Crook in todays Financial Times, we read about the new work Getting Off Track by John Taylor, creator of the “Taylor Rule” for monetary policy. According to Taylor, if the Federal Reserve had followed his famous Rule instead of their own discretion over the last decade, we wouldn’t be in the mess we’re in today.

Taylor’s Rule gives a mathematical formula for the calculation of monetary policy. As Crook describes it:

Obama Spent $1 Trillion And All I Got Was This Lousy T-Shirt!

The title of this article is a graphic of a T-shirt that can be found at the conservative vendor Right Wear. The point is valid, though it’s worth questioning if the designers were as worked up about the spending of the “Deficits don’t matter” Bush administration.

The Death of Protest Music

What happened to punk, rap, and reggae protest anthems? Punk and rap cater more the runways and fashionistas than their original roots in the anti-.

While the rise of heavy shtetl excites the imagination, it does nothing to soothe the sense of political injustice. Where is the political protest anthem when you need it? All you songwriters out there, stop kvetching about love and loss and the rollercoaster of human hormones. Sit down, look around, and write something real about the political apathy which constitutes it own, dangerous revolution. If protest music is dead, the protests can’t be too far behind.

Hugh Hewitt’s “GOP 5.0”

Republican talk radio host Hugh Hewitt has a book out illustrating his vision for electoral renewal for the Republican Party. Here is the synopsis:

The GOP’s fall from the triumphant elections of 2004 to the consecutive defeats in 2006 and 2008 didn’t have to happen, and doesn’t have to be prolonged. But change in crucial aspects of the party’s message and messaging must occur quickly if the potential pick-ups of 2010 are to be achieved, and the White House reclaimed in 2012. As soon as the dust settled in 2008, Hugh Hewitt began an intensive series of interviews with key GOP leaders and political analysts and tacticians across the ideological spectrum. The blueprint for Republican renewal presented here reflects the best of that thinking.

Obama Should Recall the Baruch Plan’s Fate as He Begins Nuclear Negotiations

As Obama continues his negotiations on nuclear weapons with the Russian government, he would do well to remember the mistakes made by American policy-makers who wished to drastically reduce the threat of nuclear weapons in the past. After World War II and the Truman administration’s use of atomic bombs in Japan, many Americans, awed by the power of the bomb to change the nature of war, pressed for policies that would reduce the risk of nuclear war.

WANTED: Examples From World History…

Just a random thought today…

I may be betraying my ignorance of history, but I’m willing to take that risk.

I am trying to find a situation in all of recorded history analogous to the present U.S. economic crisis, where a government has spent $ TRILLIONS of fiat money within a few months to “solve a problem” and hyper-inflation (or massive taxation) DID NOT occur as a result.

If anyone out there in cyberspace knows of an example, please post a comment.

Texas lawmaker calls on Asians to change their names to make them ‘easier for Americans to deal with.’

Texas State Rep. Betty Brown apparently thinks that the rest of America is as verbally impaired as her:

Rather than everyone here having to learn Chinese — I understand it’s a rather difficult language — do you think that it would behoove you and your citizens to adopt a name that we could deal with more readily here?” Brown said.

Brown later told [Organization of Chinese Americans representative Ramey] Ko: “Can’t you see that this is something that would make it a lot easier for you and the people who are poll workers if you could adopt a name just for identification purposes that’s easier for Americans to deal with?”

Obamanomics

obamanomics

About that Rasmussen Poll

There has been a lot of reaction in the blogosphere about a new Rasmussen poll which shows that 53% of Americans believe capitalism is better than socialism:

Only 53% of American adults believe capitalism is better than socialism.

The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better.

Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.

 
 

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