Treasury Invites Bloggers to Round Table

Mr. Geithner, the Treasury secretary, was among the senior officials who talked with bloggers at an outreach session on Nov. 2. The two-hour round table was held on background, meaning that the bloggers could describe the sessions, but not attribute quotes to specific officials. Lengthy posts about financial system reforms — and the bloggers’ disagreements… Continue reading Treasury Invites Bloggers to Round Table

Will You Go To Jail If You Don’t Buy Health Insurance?

Will You Go To Jail If You Don’t Buy Health Insurance? No. Section 501 of the House bill imposes a tax of 2.5 percent of adjusted gross income. You are exempted from the tax if you already have qualifying health insurance from your employer, if you receive benefits from Medicare or Medicaid, if you are… Continue reading Will You Go To Jail If You Don’t Buy Health Insurance?

How Ayn Rand Became an American Icon

In her 70s Rand found herself dying of lung cancer, after insisting that her followers smoke because it symbolized “man’s victory over fire” and the studies showing it caused lung cancer were Communist propaganda. … Rand was broken by the Bolsheviks as a girl, and she never left their bootprint behind. She believed her philosophy… Continue reading How Ayn Rand Became an American Icon

Healthcare Reform

There’s nothing “sure or quick” about changing medical liability laws that will improve healthcare or its costs. Defensive medicine adds very little to healthcare’s price tag, and rising malpractice premiums have had very little impact on access to care. From Healthcare Reform – Salon.com Of course it won’t. And it hasn’t. So far, there have… Continue reading Healthcare Reform

Taxes vs Voucher Socialism

Instead of being paid to deliver planes, missiles and tanks, defense contractors would receive “weapon supply tax credits” (WSTC). The defense contractors would be able to reduce the taxes they owed the federal government by the prices of the weapons they delivered. Because the tax credit would be refundable, if the prices exceeded a firm’s… Continue reading Taxes vs Voucher Socialism