The Government-Created “ME ME ME Generation”

"A generation educated in government schools, funded by government student loans, and unable to find jobs in a government/central bank twisted marketplace are called 'lazy, entitled narcissists who still live with their parents.' How shall the State solve this problem? Since obviously no one else possibly can... How about some 'Good Service'? There you go. The massive military empire, that has been at constant war for most (if not all) of our lives, can use some more recruits! Peace Corps, as they like to call it. So of course! Why not force the 'lazy, entitled narcissists' to go out there to advance 'U.S. foreign policy objectives'?" Continue reading

Continue ReadingThe Government-Created “ME ME ME Generation”

Only Half Of College Grads Work Jobs That Require A Degree

"A college degree might not be worth the hassle and expense, according to a new study. Almost half of four-year college graduates are working jobs that don’t require a bachelor's degree, according to a study by McKinsey & Co. that asked 4,900 graduates about their careers after college. Furthermore, around a third of college graduates said they did not feel that college had fully prepared them for the working world. Over half said they’d choose a different school or a different major if they could do it again." Continue reading

Continue ReadingOnly Half Of College Grads Work Jobs That Require A Degree

Devastating News for ObamaCare Backers

"A new study finds that (as far as physical health is concerned) there is no difference between being in Medicaid and being uninsured. It’s hard to exaggerate what a blow this is to the people who gave us the Affordable Care Act (ObamaCare). Everything about ObamaCare—from the money we are spending to the damage being done to the labor market to the hassles the whole nation is going through—depends on one central idea: that enrolling people in Medicaid will give them access to better health." Continue reading

Continue ReadingDevastating News for ObamaCare Backers

Flying the Government Skies

"The sequester cuts about $637 million from the FAA, which is less than 4% of its $15.9 billion 2012 budget, and it limits the agency to what it spent in 2010. The White House decided to translate this 4% cut that it has the legal discretion to avoid into a 10% cut for air traffic controllers. Though controllers will be furloughed for one of every 10 working days, four of every 10 flights won't arrive on time. The FAA projects the delays will rob one out of every three travellers of up to four hours of their lives waiting at the major hubs. Congress passed a law in 2009 that makes such delays illegal -- if they are the responsibility of an airline." Continue reading

Continue ReadingFlying the Government Skies

USPS to raise stamp prices again, blames shrinking delivery volume

"The U.S. Postal Service board will look into hiking postage prices on all types of mail, as losses continue to plague the agency, the chief of the board said Friday. It would affect those sending first-class mail, the most common type of mail consumers use, as well as businesses that mail periodicals, newspapers, magazines and marketing material. In the three months ended March 30, the agency lost $1.9 billion. The service was hurt as the volume of first-class mail decreased by 4.3%, said USPS chief financial officer Joseph Corbett. 'It's extremely difficult to compete with free,' Corbett said, referring to electronic bill paying." Continue reading

Continue ReadingUSPS to raise stamp prices again, blames shrinking delivery volume

Affordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees

"Much of the discussion around The Patient Protection and Affordable Care Act (PPACA) aka Affordable Care Act aka Obamacare has been about politics. For most full-time workers that wish to keep their employer-provided health insurance, little will change. However, things will be very different for the self-employed, unemployed, uninsured, and those seeking semi-retirement or early retirement. You can use it even if you already have employer-provided insurance, although you may become ineligible for certain tax credits. There’s way too much information to cover everything, but here’s my summary of the developments." Continue reading

Continue ReadingAffordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees

Half of families suffer in NHS hospitals, study finds

"Despite tens of billions of pounds being invested in the NHS, 46 per cent of respondents said they thought standards of care had declined over the past ten years, while just 20 per cent thought standards had risen. Sixteen per cent said they had personally experienced poor care, while another 30 per cent said their relatives had suffered poor care in the past decade - a total of 46 per cent. The figures come in the wake of the Mid Staffs scandal, in which patients were found to be left drinking from flower vases because they were so neglected. NHS casualty units have become like 'warzones' with medics fighting a losing battle to cope with an increasing tide of patients." Continue reading

Continue ReadingHalf of families suffer in NHS hospitals, study finds

What About Karzai Cash Before 9-11?

"The entry below at History Commons (www.historycommons.com) includes a reference to a Vanity Fair article and the note that 'Blee hands Massoud a briefcase full of cash.' That would be before 9/11, given that Massoud was assassinated a couple days before 9/11. I've also seen references to Karzai being aligned with / working with Massoud in the years before 9/11. Did cash payments to people like this accelerate in July/August 2001, amidst intensified covert operations in Afghanistan or elsewhere in Central Asia?" Continue reading

Continue ReadingWhat About Karzai Cash Before 9-11?

The Bennett Hypothesis: Why College Tuitions Are Out of Control

"Some researchers argue that government subsidies have had the perverse effect of encouraging colleges to increase tuition so as to capture more federal dollars, an effect known in the literature as the 'Bennett hypothesis'. To see how this could work, imagine a school that charged $0 in tuition and fees. Suppose that the federal government then offered $5,000 vouchers to pay for college tuition, but only at schools that charge tuition. Obviously, our hypothetical free school is going to increase tuition to $5,000 a year to take advantage of that money. That’s just money on the table." Continue reading

Continue ReadingThe Bennett Hypothesis: Why College Tuitions Are Out of Control

Obama Sees ObamaCare as Legacy Too Worthy to Resist

"Obama summoned about 20 senior administration officials to the White House’s Roosevelt Room for an hour-long meeting on the implementation of his health-care law. Obama began by reminding his staff that the Affordable Care Act would be one of his major legacies and its execution among the highest priorities of his second term, according to a Democrat familiar with the gathering. The session, which has been followed by regular presidential briefings, led to a two-track campaign to defend the measure against united Republican opposition declaring it a failure and to motivate uninsured Americans to sign up for health-care coverage." Continue reading

Continue ReadingObama Sees ObamaCare as Legacy Too Worthy to Resist