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Volume 16, Issue 44: November 4, 2014
- The Obamacare Deception
- Trump, Obama, and the Worst of the Worst
- Asset Seizures Are Legalized Theft
- Two Cheers for Cornyns Patent Abuse Legislation
- New Blog Posts
- Selected News Alerts
The administration that promised to be the most transparent ever to occupy the White House has taken another step in the opposite direction: It has sent a strongly worded email to health-insurance companies that participate in the Obamacare exchanges, discouraging them from disclosing the premiums of plans they will offer through the exchanges when the next open-enrollment period starts on November 15. Thats not how things are supposed to work under a government of laws, writes Independent Institute Senior Fellow John C. Goodman in Forbes. Thats how they work in a banana republic.
But that isnt the Obama administrations only effort to keep the public in the dark. Notice the date that open enrollment in the exchanges is set to beginNovember 15. Last year it began October 1. The administrations decision to push the day back until more than a week after the midterm election is motivated, according to Goodman, by nothing more than a desire to keep voters from knowing much about this years round of choices before they have to vote.
Fortunately, about 19 states have required insurers to publicize their premiums, although consumers eligible for tax credits through the exchanges will remain in the dark about their net costs until open enrollment begins. According to Investors Business Daily, middle-income consumers can expect premiums for the Bronze plan to rise about 14 percent in several major cities and much higher elsewhere: 22 percent in Las Vegas, 26 percent in Denver, 27 percent in Los Angeles, 38 percent in Providence, and 64 percent in Seattle. However, although Obamacare is claiming a growing share of Americans wallets, the current crop of Republicans in Congress cant agree on an alternative, Goodman notes.
The Truth about Obamacare, by John C. Goodman (Forbes, 10/23/14)
Is There a Republican Alternative?, by John C. Goodman (Forbes, 10/24/14)
Priceless: Curing the Healthcare Crisis, by John C. Goodman
Donald Trump may be an astute businessman, but when it comes to ranking the U.S. presidents hes a rank amateur. After Independent Institute Senior Fellow Ivan Eland appeared recently on Fox Newss Fox and Friends to discuss his new book on the presidents, the real-estate magnate attacked Elands credibility because he had the temerity to suggest that Barack Obama is not the worst president in American historybad, from Elands perspective, but not the worst.
When assessing a nations leader, one must avoid overemphasizing current events and losing the proper, long-term perspective, Eland argues in an op-ed for the Huffington Post. Thats why, when he was writing Recarving Rushmore, Eland took pains to rank the presidents according to how well their policies fared when it came to promoting peace, prosperity, and liberty under the U.S. Constitution. Consequently, of the 41 presidents rated in the book, Obama ranks 34th out of 41. However, Eland views Obamas current ranking as even lower than that, in part because the presidents war against ISIS is likely to make Islamic radicalism and terrorism worse.
But despite Obamas blunders, Eland doesnt believe the current occupant of the White House is among the very worst of the worst U.S. presidents. Instead, that dishonor goes to four presidents: James Polk (whom Eland takes to task mainly for his war of conquest against Mexico), William McKinley (who dragged the United States into a war with Spain and turned America into an interventionist power with colonies around the globe), Harry Truman (who established the national-security state and the cult of the imperial presidency), andthe absolute worst by Elands reckoningWoodrow Wilson (who dragged the nation into World War I and thereby created precedents for FDRs disastrous domestic and foreign policies). Woodrow Wilson is the worst president in American history, Eland writes, because he ruined the 20th century and is now working on the 21st.
Is Barack Obama the Worst President in American History?, by Ivan Eland (The Huffington Post, 10/28/14)
Recarving Rushmore: Ranking the Presidents on Peace, Prosperity, and Liberty (Updated Edition), by Ivan Eland
Video: Ivan Eland on Ranking US Presidents (Fox and Friends, Fox News Channel, 10/26/14)
In Virginia, a church secretary carrying $28,000 in his car to purchase property for his church was pulled over by state police, who seized his cash holdings and ultimately kept 80 percent of the money. In Houston, a couple driving with a large wad of dough with which to buy a car suffered a similar fate. In Philadelphia, a husband and wife lost their house to a city public nuisance task force because their 22-year old son had allegedly dealt drugs just outside their home. In these cases and scores of others, law-enforcement agencies never had to prove in a courtroom that the property owners committed a crime; they needed only to assert that the circumstances seemed suspicious.
Asset seizures have been a growing cash cow for law enforcement agencies across the United Statesraising $1.8 billion for the Department of Justices Asset Forfeiture Fund in 2011 aloneand the trend is the direct result of bad incentives having been written into local, state, and federal crime statutes. The perverse incentives of [asset forfeiture] programs should be obvious, Independent Institute Research Fellow Abigail R. Hall writes in American Thinker. If an agencys budget or individuals pay is directly tied to forfeited assets, then those within the agency will seek out opportunities to seize assets.
How can the travesty be halted? Hall makes two recommendations: First, salaries and bonuses of public servants should be disconnected from asset seizures.... Second, people facing asset seizures should be given additional legal rights. Those facing forfeiture should have the right to state legal representation.... Law-abiding property owners shouldnt have to look over their shoulders, in fear that opportunistic prosecutors or police departments have them in their sights.
Asset Forfeiture and Perverse Incentives, by Abigail R. Hall (American Thinker, 10/26/14)
Audio: Abby Hall on The Scott Horton Radio Show (9/19/14)
Civil Forfeiture as a Sin Tax, by Donald J. Boudreaux and Adam C. Pritchard (Independent Policy Report)
If Senator John Cornyn of Texas wins his re-election bid on November 4, the cause of patent reform may inch closer to the finish line. Thats because the lawmaker reintroduced the Patent Abuse Reduction Act to Congress. Unfortunately, the legislation would fall short of its goal of ending frivolous patent lawsuits, according to intellectual property expert and Independent Institute Research Fellow William J. Watkins, Jr. First, lets examine what he regards as the bills pluses.
Patent lawsuits by so-called patent trollscompanies that dont make anything other than paperwork and headaches for companies that make actual productscost the economy more than $500 million from 1990 through 2010. The Patent Abuse Reduction Act attempts to curb their frivolous lawsuits, by requiring them to make specific claims of harm through intellectual-property infringements, by making it easier for defendants to join together, and by shifting the cost of frivolous lawsuits to the losing party. These measures and others in the bill would be helpful, but they dont go far enough to discourage patent trolling.
What other measures should lawmakers consider? In an op-ed for The Hill, Watkins recommends that companies filing patent lawsuits be required to show that they are active participants in the industry related to the patent, rather than merely non-practicing entities whose main business is to sue manufacturers. Such a requirement would be similar to one imposed by the U.S. International Trade Commission for patent lawsuits involving imported goods. Also, patent law could require plaintiffs to prove that they intended to use their patent. Trolls would undoubtedly try to devise nominal uses of the technology to meet the use requirement, Watkins writes, but the courts could evaluate the alleged use and determine if it represents a good faith attempt to practice the invention or is merely a minimal effort meant to secure an open courthouse door.
Adding Punch to Senator Cornyns Patent Reforms, by William J. Watkins, Jr. (The Hill, 10/22/14)
Patent Trolls: Predatory Litigation and the Smothering of Innovation, by William J. Watkins, Jr.
From The Beacon:
Obamacare Premiums Increased Dramatically for Every Age Group in 2014
John R. Graham (11/3/14)
Hillarys Right About Jobs
Mary Theroux (11/3/14)
Election on Tuesday: Whos Running?
Randall Holcombe (10/30/14)
Government Buries Evidence of Poor Access to Care under Obamacare
John R. Graham (10/30/14)
From MyGovCost News & Blog:
Government Pension Surge Drives Tax Increases
K. Lloyd Billingsley (11/3/14)
The Bureaucrats Secret Buying Spree
Craig Eyermann (11/1/14)
Bay Bridge Escapes Criminal Investigation
K. Lloyd Billingsley (10/29/14)
The Hidden Deficit
Craig Eyermann (10/28/14)
You can find the Independent Institutes Spanish-language website here and blog here.
William Shughart on the new U.S. oil boom
John Graham on Medicare Part D