Business & Economics

Business & Economics

Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson

I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the ...
Business & Economics

Bill Could Mean Jail for Cyberbullies

A bill in Congress aimed at preventing cyberbullying could ensnare millions of people who comment on the Internet and has raised concerns about violating free speech rights. The Megan Meier Cyberbullying Prevention Act (HR 1966), which moved to the subcommittee on Crime, Terrorism, and Homeland Security of the House Judiciary ...
Commentary

Opponents of Obama Health Plan Hit Street

Opponents of runaway government spending have staged Boston Tea Party-inspired protests across the country since April to show their displeasure with what they see as an out-of-touch presidential administration. On June 11, protestors hit the streets of Green Bay, Wisconsin, where more than 1,000 rallied to express their dissatisfaction with ...
Business & Economics

Online Health Records Gain Support in Marketplace, Washington

The Mayo Clinic is joining forces with Microsoft’s HealthVault technology to offer the Mayo Clinic Health Center to the public as a market-based online tool allowing people to keep track of their health records, family history, and chronic conditions. The product from the renowned medical institution joins a growing list ...
Business & Economics

“The Spending-Industrial Complex” and the Future of California

SACRAMENTO – California’s current crisis, worst since the 1930s, has spurred talk of revising the state constitution. Legislators so inclined might first consider recommendations from the 1996 California Constitution Revision Committee, subject of a July 10 lecture by Fred Silva at the University of California’s Sacramento Center. Mr. Silva was ...
Business & Economics

Obama Misunderestimates Why He Won the Presidency

There are limits to what a great communicator can accomplish if he is communicating the wrong message. In the last few weeks, Barack Obama has been receiving a lesson in this truth and learning, perhaps, too, that he, in the words of his less audibly gifted predecessor, “misunderestimated” why he ...
Business & Economics

Cut the Budget, Arnold

Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Commentary

Sally C. Pipes: Texas-style health care reform is bigger and better

President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Business & Economics

Pension Calculus Draws New Scrutiny

A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Business & Economics

Staggering Statistics Scream for Dramatic Policy Changes

New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
Business & Economics

Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson

I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the ...
Business & Economics

Bill Could Mean Jail for Cyberbullies

A bill in Congress aimed at preventing cyberbullying could ensnare millions of people who comment on the Internet and has raised concerns about violating free speech rights. The Megan Meier Cyberbullying Prevention Act (HR 1966), which moved to the subcommittee on Crime, Terrorism, and Homeland Security of the House Judiciary ...
Commentary

Opponents of Obama Health Plan Hit Street

Opponents of runaway government spending have staged Boston Tea Party-inspired protests across the country since April to show their displeasure with what they see as an out-of-touch presidential administration. On June 11, protestors hit the streets of Green Bay, Wisconsin, where more than 1,000 rallied to express their dissatisfaction with ...
Business & Economics

Online Health Records Gain Support in Marketplace, Washington

The Mayo Clinic is joining forces with Microsoft’s HealthVault technology to offer the Mayo Clinic Health Center to the public as a market-based online tool allowing people to keep track of their health records, family history, and chronic conditions. The product from the renowned medical institution joins a growing list ...
Business & Economics

“The Spending-Industrial Complex” and the Future of California

SACRAMENTO – California’s current crisis, worst since the 1930s, has spurred talk of revising the state constitution. Legislators so inclined might first consider recommendations from the 1996 California Constitution Revision Committee, subject of a July 10 lecture by Fred Silva at the University of California’s Sacramento Center. Mr. Silva was ...
Business & Economics

Obama Misunderestimates Why He Won the Presidency

There are limits to what a great communicator can accomplish if he is communicating the wrong message. In the last few weeks, Barack Obama has been receiving a lesson in this truth and learning, perhaps, too, that he, in the words of his less audibly gifted predecessor, “misunderestimated” why he ...
Business & Economics

Cut the Budget, Arnold

Could things get any worse for California’s economy? State unemployment in June jumped to 11.6 percent — the highest rate on record, and among the top six nationally. Frantic negotiations between Governor Schwarzenegger and Sacramento lawmakers have yielded a deal to meet the government’s $26-billion budget shortfall, but as of ...
Commentary

Sally C. Pipes: Texas-style health care reform is bigger and better

President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Business & Economics

Pension Calculus Draws New Scrutiny

A California dustup over large pension payments is shining a spotlight on the practice of spiking — increasing a salary just before retirement and boosting the lifelong payout. Pete Nowicki had been making $186,000 shortly before he retired in January as chief for a fire department shared by the municipalities ...
Business & Economics

Staggering Statistics Scream for Dramatic Policy Changes

New unemployment statistics are the latest in a seemingly endless series of reminders of Michigan’s economic woes and policy miscalculations. The state’s unemployment rate leapt to 15.2 percent in June, the 40th consecutive month Michigan has had the highest unemployment rate in the nation. To put things in even greater ...
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