Category Archives: Economy
Arizona
A federal judge has stopped Arizona’s new immigration law. Here’s a good Washington Post story by Roberto Suro that explains where the Arizona law came from and where it may may be headed.
Lockerbie Bomber Not Dead Yet
BP is off to drill offshore Libya in a few weeks. The simple explanation would be that offshore drilling is banned here. The more interesting explanation is that it has something to do with the release of the surprisingly fit Lockerbie Bomber.
Death and Taxes
Some guys have all the luck. Last year the estate tax was 45%. Next year it will be 55%. This year? Nil. Zero. The empty set. Businesses say this sort of thing makes it tough to plan for the future. One business isn’t complaining. Since he died in 2010, George Steinbrenner’s heirs won’t have to sell the Yankees to pay the taxes.
You Know The Drill
The Law-Enforcer-In-Chief responded to two court rulings overturning his deep water drilling ban by ordering a new deep water drilling ban.
Calling Dr. Berwick
The president used a recess appointment to slip Donald Berwick by the senate in order to run the health care program Obama rammed through congress. David Axelrod insisted the president was simply trying to avoid a “circus in the senate“. Axe has a point. Dr. Berwick would have been performing without a net while explaining why he’s “romantic about the NHS (British National Health Service),” what he means by “the darkness of private enterprise,” and why excellent health care is “by definition redistributional “.
And physicians would have thrilled to his doctor defying comment, ” I would place a commitment to excellence – standardization to the best known method – above clinician autonomy as a rule for care.” You can read about this and other sayings of Dr. Beriwick in Daniel Henninger’s WSJ column.
