Federal Exchange Sign Up Off to a Very Slow Start

By: Tuesday November 12, 2013 10:56 pm

Enrollment in private insurance plans on the new federally run exchanges is off to a very slow start. Less than 50,000 people have signed up for private insurance on the 36 federally run exchanges, according to the Wall Street Journal. In addition roughly 49,000 have signed up for private insurance in the states that chose to run their own exchanges.

Older People Are the Ones Signing Up for Obamacare

By: Tuesday November 5, 2013 9:52 am

Only an older, sicker and more expensive population have signed up during the first month the Affordable Care Act exchanges have been “open.” From the Wall Street Journal: Insurers say the early buyers of health coverage on the nation’s troubled new websites are older than expected so far, raising early concerns about the economics of [...]

Senate Democrats Push Janet Yellen Over Larry Summers to Lead the Federal Reserve

By: Friday July 26, 2013 10:40 am

The Larry Summers trial balloon is behaving as if it was filled with lead. Not only have many liberal and economic bloggers strongly criticized the prospect of President Obama nominating Summers to run the Federal Reserve, but several prominent Democrats are actively lobbying for Obama to choose Vice Chair Janet Yellen as the next Chairperson [...]

Ray Kelly Steps Up Efforts to Defend Stop-and-Frisk

By: Tuesday July 23, 2013 8:26 am

A sure sign New York City Police Commissioner Ray Kelly is gunning for the Department of Homeland Security job is that he is stepping up efforts to publicly defend his more controversial policies, like stop-and-frisk. He has a new Wall Street Journal Op-ed defending the practice and went on Morning Joe to talk about the [...]

WSJ Editorial Board Member Furious With “All Powerful Bike Lobby”

By: Monday June 3, 2013 9:24 am

Apparently what separates a free people from the serfs crushed by the almighty power of the government is bike sharing, at least according to Wall Street Journal Editorial board member Dorothy Rabinowitz. From the WSJ: (I highly recommend watching the video in full, it is one of the funniest things I have seen in a [...]

More CEOs Join Push to Cut Social Security in a Grand Bargain

By: Thursday October 25, 2012 9:42 am

Top CEOs from 80 large companies across a variety of industries have joined the push for a grand bargain deal that could happen during the lame duck session. In a statement organized by the well-funded Fix the Debt campaign, the CEO’s called for a bipartisan deal to reduce deficit the by increasing revenue and cutting [...]

Worst Congress Ever

By: Wednesday December 14, 2011 12:36 pm

Is this the worst Congress in our lifetimes?  The public now gives Congress its worst performance rating in the 20 years in which pollsters have been asking the question. From the Wall Street Journal: This particular Congress ranks as one of the worst – ever. In the latest Wall Street Journal/NBC News poll, 42% of [...]

There Always Seems to Be an Unnecessary Corporate Middleman

By: Thursday August 11, 2011 2:32 pm

The Obama Administration has finally started to do something relatively serious about the housing crisis by using the tool of executive authority it has over Fannie Mae and Freddie Mac. Unfortunately, the plan seems to depend heavily on enriching large corporate middlemen. The Wall Street Journal explains: One proposal would sell packages of hundreds or [...]

AARP has Been Talking for Months About Being Open to Social Security Cuts

By: Wednesday June 22, 2011 7:26 am

AARP is very much open to supporting cutting Social Security benefits. AARP’s push back and non-denial related to the recent Wall Street Journal article was simply that they didn’t want people to infer that AARP supported Social Security being part of the specific deficit ceiling negotiations going on at this moment. Separate from those exact [...]

Seeing No Bond Vigilantes, Deficit Hawks Work to Create Them

By: Wednesday May 18, 2011 6:00 am

I’m beginning to suspect the Republican’s decision to hold the debt ceiling hostage to demand only big cuts in spending and President Obama’s almost enthusiastic desire to play along was a way to deal with the problem of the nonexistent bond vigilantes by actively creating some. Most of the elites in Washington would love to [...]