Wednesday, 15 July 2015
Lambert here: Shocker, huh? I remember thinking, when Obama said buying health insurance on the wonderful website would be like buying an airline ticket, “Oh! Price collusion!” So far, that hasn’t panned out (that I know of). But now it turns out that ObamaCare has encouraged another great feature of the airline industry: consolidation. Also too, adverse selection death spiral.
By PEU Report. Originally posted on their blog, Private Equity...
When Capitalism Turns to Cannibalism
With authentic growth scarce, there's no other way to reap huge profits but cannibalism.
When people say "capitalism has failed" or "capitalism has succeeded," we have to ask: what type of capitalism do you mean? Authentic capitalism, in which capital is placed at risk to earn a return in a competitive, transparent marketplace, or do you mean cartel-state capitalism, or crony-capitalism, or monopoly capitalism or finance capitalism, i.e....
Venezuela Is Suddenly Intent on Annexing Two-Thirds of Neighboring Guyana
Venezuela has fallen on hard times, as its economy collapses amid a crippling shortage of goods and the world's highest inflation rate. In what may seem a sign of increasing desperation, Venezuelan President Nicolas Maduro has revived a territorial dispute with neighboring Guyana over a stretch of territory that makes up approximately two-thirds of the tiny South American country.
A long-simmering disagreement over the Essequibo region, as the...
8th Grade Test From 1912 Shows How Far American Education Has Been Dumbed Down; Can You Take It?
By
Kristan T. Harris
A Kentucky
8th grade exam from 1912
was donated to the Bullitt County history museum. The questions feature the fundamental foundation of education that we seem to have lost due to the dumbing down of the American education system.
Now with the
common core
epidemic we can see our youth transformed by a cookie cut education system and a near total loss of critical and independent thinking.
If...
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