It would be grossly unfair for PPACA to impose new benefits and limits on Americans without also attempting to cope with what has become an excessive cost for Medicare.
Over the years, Medicare’s share of our population has grown, as has the number of years each beneficiary is expected to live. Of the original 1900 cohort, 45% had survived to age 65. Those that did enjoyed a life expectancy of about 12 years for men, and 15 for women. 65% of 1950’s cohort, the current one, is expected to reach age 65 this year with life expectancies of about 18 years for men, and 20 years for women. New and improved expensive medical treatments contribute their share of expense. Even with deep discounts of provider bills by the original fee-for-service Medicare, costs wildly exceed premiums collected—1.45% of income to $200,000, then 2.35% on any excess.Read more
By Ron Knecht and Geoffrey Lawrence
This is the seventh column in a series presenting findings and conclusions of Nevada’s 2016 Popular Annual Financial Report (PAFR), posted at controller.nv.gov. Here, we address the Nevada Public Employee Retirement System (PERS).Read more
This afternoon, the Libertarian Party of Nevada stood with the ACLU and TAGNevada in support of SB110, a bill that will exempt trans individuals from the legal requirement to publish notice of a name change in a newspaper for three weeks. This requirement poses not only a handout to crony capitalist newspapers, but also a violation of the privacy of trans people who may be outed by the requirement - or targeted with harassment or violence if listed publicly. SB110 removes a privacy-destroying bureaucratic requirement for trans people, and the LP looks forward to supporting it as it moves through the legislature.
Below is the statement I read at this afternoon's hearing:Read more
After days of anxious waiting, Libertarians around the world finally have updated news on two imprisoned Cuban libertarian activists. Ubaldo Herrera Hernandez and Manuel Velazquez Visea were arrested by State Security (Cuba's secret police) on February 2 and detained in a jail in Mayabeque province. They were being charged with attempted assault, but Mises Institute Cuba's libertarians are unanimous in asserting that both men were targeted for "dissident activism." As of today, our sources on the ground in Cuba confirm that both men were indeed convicted on falsified charges, are in a labor prison, and now face additional criminal charges.Read more
Obamacare’s notion of equal entitlement, and its mandate to purchase coverage follow from its misinterpretation of basic premises of our Declaration of Independence. The first of these is that all men are created equal. That is the wording in The Declaration, but surely its writers knew differences exist among men and between men and women and among women. They assumed, I have a feeling, that given the document was political in nature, its remark about all men being created equal should be understood as “created equal in the eyes of the law.”Read more
By Ron Knecht and Geoffrey LawrenceRead more
Nevada, like many states, is blessed with a part-time citizen legislature. Because it only meets for 120 days every two years, however, the legislature has to pack a lot of work into very little time, which means they need people like you and me to let them know what bills are worth passing and which bills need to die quickly.Read more
The civil rights and human rights case regarding the two jailed Cuban libertarian activists just took a dark turn. As of this afternoon, Mises Cuba reports that Ubaldo Herrera Hernandez and Manuel Velazquez Visea are incarcerated in Cuba's infamous Melena II prison. Various human rights groups have documented conditions at Melena II, and it's Cuba's equivalent of the Gulag in Soviet Russia and the labor camps in North Korea.
Five Libertarian state parties (Nevada, New Hampshire, Oklahoma, Indiana, and New Mexico) and the Libertarian Party of Spain (P-LIB) have already published denunciations of the Cuban government and the Communist Party of Cuba, and these parties are calling for the immediate and safe release of the political prisoners.Read more
The Libertarian Party of Indiana has joined the international movement to free the jailed Cuban libertarian activists, Ubaldo Herrera Hernandez and Manuel Velazquez Visea. According to Mises Cuba founder Joisy Garcia, both men were targeted by State Security for their "dissident activities" of meeting to discuss limited government, free markets, and libertarian theory, all of which are a threat to Raul Castro's authoritarian regime. They've been detained since February 2 on false charges of attempted assault. LP Indiana joins LP Nevada, LP New Hampshire, LP Oklahoma, and the Libertarian Party of Spain (P-LIB) in the movement to call out the Cuban government and demand the immediate release of the jailed libertarian activists.Read more
The Libertarian Party of Oklahoma (LPOK) joined the Libertarian Parties of Nevada (LPN), New Hampshire (LPNH), and Spain (P-LIB) in speaking out on behalf of jailed Cuban libertarian activists. LP Oklahoma, Nevada, New Hampshire, and Spain have condemned the Cuban government and Communist Party of Cuba for the arrest and detention of Ubaldo Herrera Hernandez and Manuel Velazquez Visea. LPN, LPNH, LPOK, and P-LIB demand the immediate and safe release of Herrera and Velazquez.Read more