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Michael Tennant

Thursday, 08 November 2012 10:59

Dodd and Frank: The Dukes of Moral Hazard

According to the text of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the law is supposed “to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too big to fail,’ [and] to protect the American taxpayer by ending bailouts.”

However, as is usually the case with federal laws, Dodd-Frank does precisely the opposite.

In the past two years thousands of teenage girls across the United Kingdom — some as young as 13 — have been given contraceptive injections or implants without their parents’ knowledge or consent, according to National Health Service (NHS) data obtained by the Daily Telegraph. The newspaper obtained the data from NHS trusts (regional healthcare authorities) via Freedom of Information laws.

According to London’s Daily Telegraph, British hospitals are euthanizing patients at ever-increasing rates — and raking in big bucks as a result.

Documents obtained by the newspaper under the Freedom of Information Act reveal that nearly two-third of National Health Service (NHS) trusts, regional authorities that administer hospitals, “have received millions of pounds for hitting targets related to” the use of the Liverpool Care Pathway (LCP), a controversial end-of-life care program.

Cost estimates for ObamaCare's insurance subsidies have risen nearly 25 percent in the last two years and are expected to rise even further, according to a new think-tank report.

During the October 22 presidential debate, President Barack Obama touted his administration’s initiatives to assist veterans in finding jobs upon their return to civilian life. “As a consequence” of these initiatives, he declared, “veterans’ unemployment is actually now lower than the general population. It was higher when I came into office.”
According to Craig Bannister of CNSNews.com, the president was only half right; and even then, the underlying statistics paint a more complex — and less favorable — portrait of veterans’ unemployment than Obama did.

As of September 30, President Barack Obama’s reelection campaign had raised over $560 million and had $99 million on hand. Yet the campaign still refuses to reimburse the city of Springfield, Illinois $55,457 for a 2008 campaign event held there. And after four years of trying to wring the cash out of Obama, the city is throwing in the towel.

Several D.C. councilmembers, plus the district's mayor, recently expressed a willingness to consider a New York City-style ban on large-sized sugary drinks in the district.

The State Department gave out $5.6 million of taxpayers' money in 2011 to preserve cultural sites and customs in foreign countries.

Saturday, 24 November 2012 14:30

From Healthcare to Holocaust

In the 1880s, Germany initiated government provision of healthcare. It was not long before doctors stopped serving patients and began serving the state — to the death.

The federal government has been paying certain welfare benefits to deceased individuals and denying Medicare benefits to those alive, thinking they were dead, according to a report from the Social Security Administration's Inspector General.

 

 

 

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