Go To ↓ Navigation & Information Other Information

Monthly Archives: July 2012

Recently, I have come across two rather interesting stories about the effects of our new healthcare law, the so-called “Affordable Care Act.”  First, it seems that the plan is outstripping the ability of some states to pay for some care, so some states are limiting prescriptions under Medicaid, which we see in Melanie Hunter’s CNSnews.com […]

Take a look at this story about the bailout of Chrysler Motors.  Notice that Chrysler will not be able to pay back the federal government.  While the authors seem to make a big thing about this company now being foreign owned, I do not think that is such a big deal, that is not the […]

The evidence of France’s wealthy and their wealth fleeing that country is mounting.  Take a look at this article from Britain’s The Telegraph. Could it be time to invest in real estate in Ontario and Montreal? -MC

Without a doubt, the federal budget is in awful shape.  For every dollar of federal spending, we are only taking in 60 cents of taxes, meaning that another 40 cents on the dollar is deficit spending, which must be borrowed, some from Americans and some from the Chinese.  We know we cannot borrow much from […]

If a powerful special interest group, like the cigarette manufacturers, doesn’t like a little competition from some upstart rivals, a few bucks to a powerful congressional chairman get rid of them.  Take a look at this article about how a powerful chairman buried a provision in a long and complicated bill that buried a small boutique industry overnight.   Too […]

Bastiat, in one of his best-known essays points to the lack of logic of those who suggest that we can become better off through destruction, a fallacy that has come to be called the “broken window fallacy.”.  In 2006, in this inaugural post on Bastiat’s Bastions, Norbert Michel and I suggested that the notion that […]

Go To ↑ Top