Archive for July 30th, 2013

The Case For A Detroit Bailout

The Financial Times gets to the crux of the Detroit debacle. The FT is overly picky about writers cutting and pasting parts of their articles, so reluctantly I’ll respect their wishes and summarize. Eventually the argument over the priority of pension and health care obligations is going to end up in the Supreme Court. The [...]

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Obamacare Morphing: Past, Present And Future

If you believe this: Obamacare’s price tag has just gone up by $12 billion, due to the White House’s decision to delay the employer mandate until 2015. The vast majority of that increase ($10 billion) reflects a reduction in the penalties that the government would have collected from employers who did not comply with the [...]

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