Commentary

Business & Economics

Pension funds should get real on rate of returns

When the taxpayer is backing up the entire liability for the pensions received by members of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. When their own funds are ...
Commentary

Health insurers in states’ cross hairs

The new health care law encourages state politicians to increase their interference with health insurance premiums, an underreported aspect of Obamacare with consequences for patients and health plans alike. Obamacare distributes federal grants that encourage states’ insurance departments to increase their power to dictate insurance premiums. States are responding by ...
Commentary

Competing To Save The Health-Care System Money

American seniors recently received some good news — they won’t be seeing higher premiums in 2012 for their Medicare prescription drug benefits. In fact, the rates they pay for prescription drug coverage under Medicare Part D will decline this coming year, according to the U.S. Department of Health and Human ...
Business & Economics

Taxpayers Pick Up NYC’s $6B Lawsuits Bill

New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
California

California: The anti-education-reform state

Across America, state after state has enacted bold, far-reaching systemic education reforms. In contrast, California has not only failed to enact such fundamental reforms, but has actually gone backwards and passed laws that reduce accountability, protect special interests and preserve the status quo. In Indiana, Gov. Mitch Daniels signed legislation ...
Agriculture

Villaraigosa wants more of what doesn’t work

Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
Business & Economics

The Federal War Against Medical Technology

At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
California

Villaraigosa’s Whistle Stop

Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after California’s Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Business & Economics

Unfounded fears threaten energy success story

Researchers at MIT recently forecast that natural gas production from five American shale reserves would double in five years and triple in 20. These U.S. sources of gas can transform America’s energy outlook, provided lawmakers don’t interfere with the process. Shale formations created from sea basins millions of years ago ...
Commentary

The Latest ObamaCare Assault On Health Care Innovation

The list of health services that ObamaCare requires all insurers to cover without co-pays or deductibles keeps growing. The latest additions include an array of “women’s wellness” services and products: birth control, breast pumps, domestic violence counseling, and more. Of course, these additional benefits aren’t really “free.” They drive up ...
Business & Economics

Pension funds should get real on rate of returns

When the taxpayer is backing up the entire liability for the pensions received by members of the California Public Employees Retirement System, then CalPERS officials are exuberant about the stock market. They insist that a predicted rate of return of 7.75 percent is perfectly realistic. When their own funds are ...
Commentary

Health insurers in states’ cross hairs

The new health care law encourages state politicians to increase their interference with health insurance premiums, an underreported aspect of Obamacare with consequences for patients and health plans alike. Obamacare distributes federal grants that encourage states’ insurance departments to increase their power to dictate insurance premiums. States are responding by ...
Commentary

Competing To Save The Health-Care System Money

American seniors recently received some good news — they won’t be seeing higher premiums in 2012 for their Medicare prescription drug benefits. In fact, the rates they pay for prescription drug coverage under Medicare Part D will decline this coming year, according to the U.S. Department of Health and Human ...
Business & Economics

Taxpayers Pick Up NYC’s $6B Lawsuits Bill

New York City doled out an astounding $6 billion in judgments and settlements in 10 years, some for bizarre claims of injury resulting from biting in a kindergarten classroom, tripping in a Lincoln Center parking lot, and slipping on bus steps, according to the New York Post. Last year alone, ...
California

California: The anti-education-reform state

Across America, state after state has enacted bold, far-reaching systemic education reforms. In contrast, California has not only failed to enact such fundamental reforms, but has actually gone backwards and passed laws that reduce accountability, protect special interests and preserve the status quo. In Indiana, Gov. Mitch Daniels signed legislation ...
Agriculture

Villaraigosa wants more of what doesn’t work

Los Angeles Mayor Antonio Villaraigosa’s speech Tuesday at the Sacramento Press Club left many reporters wondering what the mayor is doing and what he is running for next. It seems odd for an L.A. mayor to fly to Sacramento, give a speech detailing a so-called “grand new vision” even as ...
Business & Economics

The Federal War Against Medical Technology

At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
California

Villaraigosa’s Whistle Stop

Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after California’s Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Business & Economics

Unfounded fears threaten energy success story

Researchers at MIT recently forecast that natural gas production from five American shale reserves would double in five years and triple in 20. These U.S. sources of gas can transform America’s energy outlook, provided lawmakers don’t interfere with the process. Shale formations created from sea basins millions of years ago ...
Commentary

The Latest ObamaCare Assault On Health Care Innovation

The list of health services that ObamaCare requires all insurers to cover without co-pays or deductibles keeps growing. The latest additions include an array of “women’s wellness” services and products: birth control, breast pumps, domestic violence counseling, and more. Of course, these additional benefits aren’t really “free.” They drive up ...
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