Posts Tagged ‘auto industry bailout’

Replacing Protectionism with “Informationism”

Monday, February 23rd, 2009 by Al Lewis (alewis)

Food labels have listed ingredients for decades.  Some people ignore them while others read them before making a purchase decision.   No one questions the value of the information to the consumer, though.
Appliances have been sporting Energy Star labels for two decades too.  Once again, some people ignore them while others don’t, but no one questions [...]

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former nba player recounts struggle with drug addiction

Wednesday, November 19th, 2008 by Al Lewis (alewis)

The author points out that an enormous chunk of the bailout money, covering >65 retiree health expense, could be saved simply by having retirees go into Medicare HMOs. They eliminate most of the need for “gap” coverage now paid by the automakers. These HMOs are so popular that a million more seniors join voluntarily every year. If someone wants unfettered Medicare instead, that’s their choice which they can pay for, not a taxpayer obligation.

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