Do Dodd or Frank care why TARP failed? Washington Examiner
Government Takeovers: Is Charity Next? (h/t, Riehl)
As the GDP shows some growth, Democrats are now admitting that they like their miserable POR (Pelosi-Obama-Reid) economy.
It's getting old: Intertubes turn 40
AG tries to shut down school voucher ad. Screw the kids. This is union payback.
How Putin is Separating America from Europe
The mess the Dems are creating with health care. From Robb at RCP:
...the change in incentives in the Democratic reform will turn the entire health care market topsy-turvy. Politically, this could be disastrous.
A very large number of people will have to change their health care coverage regardless of whether they want to. That's a hassle to begin with. The combination of a weak individual mandate, guaranteed issue and a public option will mean declining private sector options and a large increase in the number of people on some form of government health care.
Every health care provider, even the government, has to say no sometimes. Even Medicare says no. But now, rather than some demonic health insurance company saying no, it will be the government.
Republicans think the Democrats are engaged in a ruse, that they really want a government takeover of health care.
In their heart of hearts, Democrats do believe that health care should be a public good, provided by government irrespective of ability to pay. But I don't think they've purposely set out to achieve that by misdirection.
Instead, I think they honestly don't appreciate how fundamentally they are changing health care incentives and what the huge consequences of such changes will be.
