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The number is zero.  According to a recent Harvard study, two of every three bankruptcies in the US are medical-related. That’s why at least catastrophic coverage for everyone is the real purpose of healthcare reform. Why some Americans don’t understand this is beyond me.

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You probably have heard about the Saturday Night Live skit poking fun at President Obama for allegedly not leaving a very robust list of accomplishments behind after 9 months in office.  So, without further ado, here it is.

NPR says:
"If Saturday Night Live is a barometer of what the left is thinking, then liberal President [...]

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The most newsworthy item in this clip is Emanuel saying that the healthcare bill cannot pass the Senate with a public option. Along those lines reports are now coming out that the Obama Administration is negotiating with Senator Olympia Snowe (R-ME) to use a watered-down ‘public-option trigger’ which she has said she will support. The [...]

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At issue here is the news that the Obama Administration dropped plans to force financial institutions to offer “plain vanilla” financial products that are simple enough for consumers to understand. My headline is editorial enough on this issue.  So, rather than editorialize this latest announcement, I’ll quote from the press.

The beginning of the end of [...]

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Below is a Market Watch video showing what ordinary Germans think heading into the general election.  Right now it’s looking like a right of center government of the CDU/CSU/FDP.  But, it will be down to the wire. Likely, there will be little change in economic policy, regardless of the result.

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Merkel Votes Scarce in Eastern [...]

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Sarah Palin the populist has become Sarah Palin the free trader. In a wide-ranging and well-received speech in Hong Kong, Palin supported a more Libertarian free-market approach, slamming the recent imposition of tariffs on Chinese tires by the Obama Administration.
Palin spoke at a closed-door investor forum organized by CLSA in which no media representatives were [...]

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Tonight we saw a brilliant performance from Barack Obama. It was Obama at his best, using his command of the English language to inspire and connect on a grand stage as only few politicians can. For sceptics like myself, he surprised. For his base, he reaffirmed. For his adversaries he reached out with an open [...]

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I have been arguing for some time that Barack Obama made a crucial tactical error in bailing out the big banks early in his presidency. His actions have left him vulnerable to populist resentment.  In my view, this weakens his credibility and ability to push through other pieces of his legislative agenda and will harm [...]

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While I have come down hard on some aspects of Barack Obama’s legislative agenda, I have not been painting him with a Hitler moustache or accusing him of socialism, that great evil practised only in cheese-loving France.  So I was disappointed to learn how vociferously some were shouting down the President’s back-to-school speech.
The shouts [...]