Category: Points of Information

Very brief descriptions, with appropriate links, of current or recent news items.

Ship of fools

3:52 pm

Iowahawk: Ship of Fools. Key quote:

As you may have read recently, a panel of 100 scientists is now warning that the state of California faces the risk of severe “superstorms” that could inflict more that $400 billion in economic damages to our state economy. According to these predictions, such storms could bring more than 120 inches of rain to the Central Valley, and last as long as 40 days. And, possibly, nights.

In anticipation of such a catastrophic event, I will soon begin seeking $75 billion in emergency supplementary appropriations from the California Assembly and federal sources for the construction of the California SuperArk, a state-of-the-art mass transportation vehicle which will help insure the sustainability of our state and its endangered species.

Read the whole thing.

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Congressman says that Congress has the right to force people to buy insurance

7:04 pm

Behind the curtain, a dictator: Congressman John Lewis (D-Georgia) said yesterday that he not only thinks that Congress has the power to make people buy insurance according to the Constitution, it is his obligation to force them to do so. In his own words:

“I think people should be required to get health insurance. We require people to get insurance for their automobile state by state but the federal government has an obligation to encourage by law, moral persuasion, to get people to get health insurance,”

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Climate change study had ‘significant error’: experts

6:58 pm

Climate scientists admit that a climate change study which claimed the Earth would warm by more than 4 degrees Fahrenheit in about a decade had “significant errors”. Key quote:

Scientist Scott Mandia forwarded to AFP an email he said he sent to Hisas ahead of publication explaining why her figures did not add up, and noting that it would take “quite a few decades” to reach a warming level of 2.4 degrees Celsius. “Even if we assume the higher end of the current warming rate, we should only be 0.2C warmer by 2020 than today,” Mandia wrote. “To get to +2.4C the current trend would have to immediately increase almost ten-fold.”

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200 Economists Ask Lawmakers to Repeal Obamacare

4:45 pm

I’m not the only one saying it: Two hundred economists ask lawmakers to repeal Obamacare. Key quote:

The letter from economists said the law is “fiscally dangerous at a moment when the United States is already facing a sea of red ink. It creates a massive new entitlement at a time when the budget is already buckling under the weight of existing entitlements. At a minimum, it will add $1 trillion to government spending over the next decade,” the letter stated. “Assertions that these costs are paid for are based on omitted costs, budgetary gimmicks, shifted premiums from other entitlements, and unsustainable spending cuts and revenue increases.

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The state of Virgin Galactic

11:16 am

The state of Virgin Galactic. Key quote:

One of the great things about Galactic is that it’s still built on a non-government market — that is to say, the individual spacefarer market, the space tourist market, call it what you will. As you know, we’re now over 400 people [who have paid deposits for a spaceflight], and over $55 million dollars in deposits. None of that is based on a government program. I think that’s really encouraging. It’s a sign that there are markets outside the government, and that you can build a human spaceflight business around those markets.

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What Congress Should Cut

9:33 pm

What Congress should cut. And they find $3 trillion in only 14 paragraphs. Key quote:

None of this will be easy. Many will likely demagogue any reduction in the rate of growth of spending as a devastating “cut.” But the politics of spending has changed, and there is an expectation among fiscally conservative voters—Republicans, independents, tea partiers and even Democrats—that the government tighten its belt, just as American families have been forced to do. Some in the Republican establishment have already started complaining that this is too politically difficult. These naysayers misread today’s political climate. Should they succeed in blocking change, tea party voters will hold them just as accountable as big-spending Democrats.

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Nearly 3000 doctors surveyed believe ObamaCare will hurt care quality and doctor pay

8:20 pm

Repeal the damn bill! By large majorities, surveyed doctors believe that ObamaCare will hurt care quality and doctor pay. Key quote:

During the next 5 years, the quality of health care in this country will improve (18%) stay same (17%) deteriorate (65%).

The Affordable Care Act will result in physician reimbursement becoming more fair (9%) neither fair nor unfair (17%) less fair (74%).

Overall, the impact of the Affordable Care Act for patients will be positive (27%) neutral (15%) negative (57%).

Overall, the impact of the Affordable Care Act for physicians will be positive (8%) neutral (14%) negative (78%).

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