I made a comment to someone yesterday, "If you only have time to read one article, you should read 'Reagan was a sure loser'." That comment serves as the inspiration for this new section, where I will feature one article each night that is definitely worth your time to read.
Free Market Lessons from Contraception Fight
The problem with government interference in health care did not start with the passage of the Affordable Care Act. This article lays out three ways in which government had already interfered in the health care market and explains how fixing these problems could improve the health insurance system.
Tonight's Crazy Story:
New Mexico Robber Might Have Left Severed Finger
Missing something? A suspect in an apparent robbery left behind a treasure trove of DNA evidence, in the form of a portion of his finger.
Topic One: Gas Prices
David Limbaugh on the big lie about oil: "According to the Institute for Energy Research, we have more than 1.4 trillion barrels of oil that is technically recoverable in the United States with existing technology. The largest deposits are located offshore, in portions of Alaska and in shale deposits in the Rocky Mountain states. So the United States has more recoverable oil than the rest of the non-North American world combined. The Heritage Foundation says this is enough to fuel every passenger car in the nation for 430 years. Therefore, "it is merely semantics -- not a scientific assessment of what America has the capacity to produce -- that allows critics to claim repeatedly that America is running out of energy." Is he contending that the mocked plan of "drill, drill, and keep drilling" might actually work?
The upside down energy policy: "An axiom of economics is “if you want more of something, subsidize it; if you want less, tax it.” As near as I can tell, that pretty much sums up Barack Obama’s upside-down energy policy. He wants to punish the hydrocarbon industry that supplies 85% of our energy needs, while throwing billions at green technology ideas like bankrupt Solyndra and the newly unplugged Chevy Volt. But, exactly why he wants to inflict more pain on every single American along the way, particularly at a time when so very many are struggling is beyond me."
Yesterday, the Senate voted down an amendment that would have authorized the Keystone Pipeline. While Obama could have vetoed the bill, attaching the Keystone provision to a bill he supports would have forced him to make a tough decision. 11 Democrats joined 45 Republicans in supporting the amendment (with two Republicans absent), giving a total of 56 Senators in support, but 60 votes were required to pass the amendment. However, a message was sent to the President by this vote, especially considering that he personally lobbied Democrats to oppose the amendment.
There's Always Time for a Laugh:
"This week a Chicken McNugget that resembles President George Washington was auctioned on eBay for over $8,000. Meanwhile, a Chicken McNugget that looks like Mitt Romney was eaten by Newt Gingrich."
Topic Two: Contraception Coverage
Jonah Goldberg describes the lie being pushed in the contraception fight: "The lying demonization of Republicans isn't nearly so offensive, or at least surprising, as the extremist policy assumptions liberals are now using to defend Obama's "accommodation" of religious institutions. They argue, in short, that if employers and the government — i.e. taxpayers — do not provide birth control (and an abortifacient), for "free," then they are banning birth control. Taking them seriously — no easy task — Democrats are saying that there's no legitimate realm outside of government. In other words, there's no room for anybody to be personally opposed to paying for someone else's birth control. That means the people who want birth control to be a personal matter and no one else's business are demagogically fighting for a policy in which your birth control is in fact everyone's business, starting with the government's."
What does the contraception fight teach us about the free market? "These free market reforms would lower insurance costs for many consumers, allow individuals to keep their insurance when they changed jobs, and free employers from having to pay for medical services that violated their religious principles. In summary, the root cause of the current controversy is government interference in the marketplace for health insurance. And the only proper solution is to repeal those government controls and move towards a fully free market in health insurance."
(As of Thursday, March 8, 2012 )
Change from March 7, 2012: +$19,487,949,683.25
Your share as a citizen: $49,681.70
Share per household: $135,839.20
Debt since Obama inauguration: $4,890,917,593,398.15
Topic Three: Iran
Are the US and Israel allies or enemies? "These negotiations don’t just gain time for a nuclear program about whose military intent the International Atomic Energy Agency is issuing alarming warnings. They make it extremely difficult for Israel to do anything about it (while it still can), lest Israel be universally condemned for having aborted a diplomatic solution. If the administration were serious about achievement rather than appearance, it would have warned that this was the last chance for Iran to come clean and would have demanded a short timeline. After all, President Obama insisted on deadlines for the Iraq withdrawal, the Afghan surge and Israeli-Palestinian negotiations. Why leave these crucial talks open-ended when the nuclear clock is ticking?"
The real issue in Iran: "We are having the wrong debate, about the wrong questions. The right debate is about the war Iran is waging against us. The Iranian regime kills Americans whenever and wherever they can, including inside the homeland. Remember the plot to kill the Saudi ambassador in Washington? If it had been “successful,” it would have killed and maimed many Americans. And that’s only the latest in a long series of attacks ever since the Ayatollah Khomeini declared war on us in 1979. I agree with the Washington Post when it says that regime change in Tehran is the only reliable way to stop the Iranian nuclear weapons project. It’s also the only way to win the war they are waging against us, in tandem with an international network that includes Syria, Russia, Venezuela, Bolivia, Cuba, and a collection of wicked actors from terrorist groups like al -Qaeda and Islamic Jihad to international drug dealers."
Tweet of the Day:
Ken Gardner (@kesgardner): Here is your periodic reminder that attracting independents does NOT mean moving center. It means showing that conservative policies work.
Topic Four: Green Energy
Obama wants more tax credits for hybrids. Remind me how we are going to pay for all this again? More debt, of course. Gone from his announcement was the goal of having one million electric vehicles on the road by 2015. Perhaps that is due to the poor sales of the overhyped Chevy Volt.
Obama wants you to pay even more for cars nobody wants: "So, supporters admit that, right now, the benefits of alternative-energy vehicles don’t yet outweigh the costs to consumers. To the producers of such vehicles, I say: Tough luck. The onus is on them to produce a product that consumers actually want to purchase at a price they can afford. Tax credits might give consumers more reason to purchase the vehicles, but it won’t give the producer any incentive to look for cheaper ways to manufacture them. The president’s tax credit ensures that taxpayers will continue to pay an arbitrarily high price for the vehicles long after the market would have brought costs down."
The green energy problem hits Colorado: "Meet Loveland-based Abound Solar, the lucky winner of a $400 million federal loan guarantee from the Obama administration. Earlier this month, the thin-film cadmium Telluride solar module-maker announced layoffs of nearly 300 employees (70 percent of its workforce). In addition, the firm froze plans to build a new factory in Indiana. Abound says it will ride out bad market conditions and "hopefully" survive until the market recovers. But White House hope-a-nomics is what got Abound and taxpayers into trouble in the first place."
Food for Thought - A Quote from our Founders
"How could a readiness for war in time of peace be safely prohibited, unless we could prohibit, in like manner, the preparations and establishments of every hostile nation?"
Topic Five: ObamaCare
The death spiral continues: "Last week, after Health and Human Services Secretary Kathleen Sebelius claimed the private insurance market was in a “death spiral” long before ObamaCare came along, I pointed out that ObamaCare itself is the paramount modern example of a high-speed death spiral. Whatever one might say about the structural deficiencies of private health insurance – which are, in no small part, due to government interference – it’s taken decades for them to reach their current state. ObamaCare, by contrast, began falling apart the minute it passed. Literally billions of dollars have been dropping from its leprous bulk with every passing month."
Tomorrow in History
March 10, 1876 - Alexander Graham Bell's words "Mr. Watson, come here, I want to see you." mark the success of the first telephone call.
Grab Bag - Interesting and Important Stories to Conclude Your Evening
Obama's legacy: kicking the can down the road
Obama enjoying the roses, for now
Can the president kill you?
Government lies on inflation
Your personal share of the debt is increasing by $40 each day
GCB: Good Christians Bashed
Is a driverless car a possibility?
NAACP asks UN human rights council to condemn voter ID laws
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