Archive for February, 2013

Obama to Restore Afghanistan Status Quo Ante »

By this time next year, Obama plans to bring the U.S. troop levels in Afghanistan down to about 32,000. For this, I’m sure many will credit him for winding down the war. Yet this is almost the exact number of troops that were there when Obama took power in January 2009. He then proceeded...
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Obamacare and the Medicare Trust Fund »

US Department of Health and Human Services Secretary Kathleen Sebelius has claimed that cuts in Medicare spending help Medicare’s Trust Fund, making it easier to pay benefits in future years.[1] Yet CBO Director Douglas W. Elmendorf rejected such claims, saying that they amount to impermissible double counting.[2] The money that is saved by cuts...
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The FISA Model for Summary Execution? »

Dianne Feinstein and some liberals have suggested that, if the president’s targeted killing policy is too unilateral, the remedy might be found in something modeled after the FISA court. Make no mistake: Such a court would be nothing more than a rubber-stamp. At best. In 1978, after Church Committee hearings exposed massive abuse of...
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Now We Know: War Is Murder »

The response to the leaked Obama administration document explaining its rationalization for targeted drone killings of American citizens has proven louder than I expected. Obama’s kill list was reported very early in his first term. In October 2011 I wrote about his summary execution of Anwar al-Awlaki. A few months ago it was reported...
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The Delusion of Money »

French president Francois Hollande’s statement saying that the euro should not fluctuate according to the mood of the market; the complaint by Eurogroup president Jean-Claude Juncker about the euro being “dangerously high”; and the Bank of Japan’s recent decision to weaken the yen with “aggressive” quantitative easing confirm what we already knew: The world...
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Gigantic Run-up of Federal Debt for What? »

At the end of fiscal year 2008, the federal debt held by the public was about $5.8 trillion. By the end of fiscal year 2012, it had grown to about $11.3 trillion. Thus, in just four years, it had nearly doubled: the government ran up almost as much debt in four years as it had accumulated...
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How Will Obamacare Affect Medicare Patients? »

If you are on Medicare, you and others like you are probably going to be more affected by the new health reform law than any other population group. Benefits of Reform There are a number of new benefits, including the following: Medicare will pay for an annual checkup. Deductibles and co-payments for many preventive...
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Repeal the 17th Amendment »

The 17th Amendment is in its centennial year, having been ratified in 1913. The Amendment mandates the direct election of senators. Prior to its passage, Article I, Section 3 of the Constitution specified, “The Senate of the United States shall be composed of two senators from each state chosen by the Legislature thereof...” The...
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Drone Strikes on Americans »

If you have a few minutes, take a look at a government white paper obtained by NBC news on the lawfulness of lethal attacks on U.S. citizens with attachments to terrorists. NBC has this summary of the test for ordering a killing: the confidential memo lays out a three-part test that would make targeted...
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Should Insurance Regulation Be Used as a Political Pawn? »

New Book Examines the ‘Risky Business’ of Insurance Regulation “Insurance is too important to society and to commerce to be left as a political pawn,” writes Lawrence S. Powell, the editor of the newest Independent Institute book, Risky Business: Insurance Markets and Regulation. Powell’s words are timely because, as with so many natural disasters,...
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