The Wall Street Journal opines about the number of new regulations that will be generated by the so-called financial reform legislation that has been approved by Congress. The big winners will by lawyers, the federal bureaucracy, and politicians. The big losers will be shareholders and consumers. The Dodd-Frank financial reform bill passed by the Senate yesterday [...]
Archive for July 18th, 2010
Are Reporters for the New York Times Biased or Stupid?
Posted in Big Government, Health Care, Health Reform, Media Bias, Obama, tagged Government-run healthcare, Health Care, Health Reform, Media Bias, Obamacare on July 18, 2010 | 5 Comments »
The Obama Administration has decided to mandate that insurance companies provide dozens of tests to consumers at no charge. Any person with an IQ that is above room temperature understands, of course, that this doesn’t mean there is no cost for the tests. It just means that the costs are borne indirectly, most likely in [...]
Roosevelt and Obama, Two Peas in a Pod
Posted in Big Government, Great Depression, Obama, Roosevelt, Walter Williams, tagged Big Government, Great Depression, Obama, Roosevelt, Walter Williams on July 18, 2010 | 3 Comments »
Walter Williams explains how Roosevelt’s policies extended the Great Depression. SInce Obama apparently would like to be the new FDR, this does not bode well for America’s future. The good news, so to speak, is that Obama’s policies are not nearly as bad as what Roosevelt (and Hoover) enacted, so America today is experiencing sub-par [...]
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