Tuesday, December 29, 2009
Best of the Aughts
The return
Sunday, October 25, 2009
"Welcome to Government Healthcare"
On Sept. 13, Kathleen Sebelius, secretary of health and human services, said:
We are on track to have an ample supply rolling out by mid-October, but we may have some early vaccine as early as the first full week in October.By my count, this would be the last week of October. Good luck finding a shot. And that line in the photo above? That's our future. Can't wait.
(h/t Instapundit)
UPDATE: Here's a gem in a statement from the president (via The Washington Examiner):
The foundation of our national approach to the H1N1 flu has been preparedness at all levels.Um, yeah.
Thursday, October 22, 2009
A Time For Choosing
My favorite political speech. I post it for two reasons:
1) For my buddy Steve.
2) Because it's always worth listening to again. It's 45 years old. If you take out a few of the dated references and change the names, it's as applicable today as it was then.
"You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream -- the maximum of individual freedom consistent with order -- or down to the ash heap of totalitarianism."
How sweet it is
Wednesday, October 21, 2009
The Market Provides
Read the whole thing, which serves as a reminder that capitalism has done more than any other ism, by a increasingly wide margin, to help improve the living conditions of all people, especially the poor. Remember that the next time some politician talks about government is going to help the poor.Such inventions represent a fundamental shift in the global order of innovation. Until recently, the West served rich consumers and then let its products and technology filter down to poorer countries. Now, with the developed world mired in a slump and the developing world still growing quickly, companies are focusing on how to innovate, and profit, by going straight to the bottom rung of the economic ladder. They are taking advantage of cheap research and development and low-cost manufacturing to innovate for a market that's grown large enough and sophisticated enough to make it worthwhile.
When people say we need more regulations ...
These fees are the credit card industry's response to credit card legislation that will, among other things, restrict credit card issuers' ability to raise interest rates on existing balances. Credit card issuers are looking for ways to raise income before the new rules take effect in February. During the first quarter, 27% of credit card offers included annual fees, up from 18% a year earlier, according to Synovate Mail Monitor, a credit card direct-mail tracking service.
Curtis Arnold, founder of CardRatings.com, says he expected credit card issuers to raise annual fees after the legislation was enacted. What he didn't expect, he says, "was that good customers were going to be hit."
Among the many problems with regulations is unintended consequences. In this case, Congress passed a bill to "help" credit card users which has, in short order, hurt those users who are most responsible.
Increasing regulation is like trying to change the path of a river; the water's going to go where it wants to go.
(h/t the invaluable Cafe Hayek)