Category Archives: Business

Business, Economics, Health, Media Criticism, Political Commentary

The ObamaCare Death Spiral

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Some observations from Richard Epstein:

The Obamacare fiasco now flunks Justice Holmes’ extreme rational basis test in the 1905 decision of Lochner v. New York: “I think that the word liberty in the Fourteenth Amendment is perverted when it is held to prevent the natural outcome of a dominant opinion, unless it can be said that a rational and fair man necessarily would admit that the statute proposed would infringe fundamental principles as they have been understood by the traditions of our people and our law.”

In the light of day, Obamacare is that bad, even if the minimum wage law is not. Even the most ardent defender of government power must concede that it is sickening when a president tells people without healthcare insurance that they must navigate his government websites or go without. If “the right to healthcare” is fundamental, Obamacare violates it. Delay here is no option. If left in place, every single structural problem that besets Obamacare today will continue to wreck innocent lives a year from now. Striking it down is an act of mercy for the American people.

Bottom line: other than that it is logistically impossible and unconstitutional, the president’s “fix” is just fine.

[Update a while later]

Three lessons from ObamaCare.

I’m sure there are more than three, but I agree with them.

Business, Economics, Media Criticism, Political Commentary, Space, Technology and Society

The Real Barriers To Exploration

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“Ray” over at the Vision Restoration blog writes about the ridiculous discussion last week on SLS/Orion:

This past week rewarded us with a panel discussion Removing the Barriers to Deep Space Exploration. The subject of the panel turned out to be the SLS heavy lift rocket and the Orion spacecraft. Surprisingly, in spite of the title of the panel, the discussion was not about cancelling SLS and Orion to allow funding to go to the robotic precursor missions, exploration technology development, and affordable space infrastructure needed for actual deep space exploration that have largely been squashed by the SLS/Orion pair. In fact, the discussion really didn’t seem to be about barriers to deep space exploration at all. Instead, it seemed like a snugglefest of love for the expensive capsule and even more wildly expensive rocket.

I weary of even writing about it any more, it’s so unutterably absurd.

Business, Economics, Health, Political Commentary, Science And Society

Getting Rid Of Old Regulations

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…is much too hard.

Since people in DC seem so big on “comprehensive solutions,” I propose a much broader effort than simply repealing ObamaCare. It should be called the “Liberty Restoration Act,” and should be festooned like a Christmas tree with a rollback of much of the federal code (e.g., the idiotic incandescent bulb ban, and toilet specs, and ethanol requirements).

Business, Economics, Media Criticism, Political Commentary, Social Commentary

The Fix Is Not In

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Thoughts on the president’s serial lawlessness and lies:

The purpose here is not to prove, yet again, that Obama is a fraud, which would be like proving that Detroit may be a tad mismanaged. The purpose is also not to establish, yet again, Obama’s hypocrisy in condemning Bush’s flouting of a single statute when, once he assumed power, Obama so systematically violated laws that you’d think the oath says, “Take care that the laws be faithlessly executed.” The purpose is not even to reprise Thursday’s remarkable press conference, at which Obama — in the very moment of his humiliation over serial lying — brazenly repeated some of his most notorious and resoundingly disproved whoppers: the claim that his oft-repeated promise about Americans being able to keep their health-insurance plans somehow “ended up being inaccurate” when it was willfully false; the claim that this lie affects only the 5 percent of Americans in the individual market when he has known for years (as John Hinderaker shows) that Obamacare would force the cancellation of tens of millions of employer-provided plans; and so on.

No, the purpose is to highlight how insouciantly lawless and transparently political the president’s latest Obamacare “fix” is. I refer, of course, to Obama’s magnanimous proclamation that he now deigns to permit insurers to issue policies made illegal by the Obamacare statute — at least until the Democrats can get through the 2014 elections. This was frivolous to the point of malfeasance.

This is political malpractice on an unprecedented scale. The only thing keeping him from being removed from office is the same thing that got him there: the melanin content of his skin and fear of race riots.

I predicted in 2008 that electing this inexperienced, ideological, hollow narcissistic creature would ultimately be a huge setback for the cause of racial equality, and make it very unlikely that there would ever be an actually competent, qualified black man (or woman) elected to the office for decades. He’s poisoned the well.