LIBERTY: The Acton think tank nails half the problem with the minimum wage increase.

Wednesday, August 2, 2006

http://www.acton.org/ppolicy/comment/article.php?article=336

Acton Commentary
– bringing moral reflection to bear upon current issues
August 2, 2006
The ‘Moral’ Minimum Wage Increase Hurts Teens and Minorities
by Anthony B. Bradley, Research Fellow

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Religious activists are stumping for a minimum wage increase as a way to help the disadvantaged. But do they understand the economics? Anthony Bradley observes that government-mandated pay hikes “actually hurt teens and low-skilled minorities in the long run because minimum wage jobs are usually entry-level positions filled by employees with limited work experience and few job skills.”
***End Quote***

I’ve ranted about this before. The Republican Statists are just trying anything to avoid being defeated in November. So they try and make themselves more like the Democratic Statist. Guess the figure you won’t be able to tell them apart.

The article misses the impact on the politican’s salaries, the gubamint workers’ salaries, the union members’ salaries, and such related since they will all go up in lock step with the minimum wage. Then when all those added costs come due, there will have to be additional taxes to close the budget gaps that they created. Or, if it’s the federal gubamint’s cost we’re talking about they will just raise the inflation tax we pay to cover the gap.

They know we are too dumb to realize it.


LIBERTY: Why is healthcare screwed up … tech industry stupidity and gubamint making it worse!

Wednesday, August 2, 2006

Network World’s Messaging Newsletter, 08/01/06
Why is the healthcare industry slow in adopting messaging technologies?
By Michael Osterman

>We all know that the healthcare industry has been fairly slow to adopt a variety of communications

I would call it glacial, or possibly even negative progress if such is possible.

I blame the technology industry primarily. Yes, you can pick your jaw off the table and let me explain.

No one has a good easy public key encryption system. I look for a “solution” with identification, authentication, authorization, accountability, confidentiality, non-repudiation, continuous protection, and recovery across the problem spaces of Users, Systems (Platforms and Operating Systems), Applications, DataBases, and Networks. Technology Industry has know the problem space for at least four decades. I remember being lectured about it when the personal computers were first put into use! This is all our faults. I could go on for hours.

PKI and GSSAPI are, were out there. Encryption engines abound. Yet, I can’t sit down and email, fax, call, or im my doctor. AND, the doc can’t communicate with me.

Next in line for derision is the gubamint and it’s asinine attempt to control every aspect of our lives worthy of a Communist country. They have ruined health care with several things: flawed policies (e.g., WW2 wage and price controls that created “company benefits”, disconnecting the payer from the consequences of their decisions, and many many others), regulations (e.g., FDA), licensing (e.g., Doctors, nurses, hospitals), Medicare / Medicaid rules ‘n’ reimbursements, the War on Drugs, and taxes. The inet has demonstrated what we knew in the late 1800s. No centralized control allows everyone to make decisions efficiently. The marketplace gives everyone the freedom for all participants to make the best decision for them.

Let’s look at one aspect of the current system that kills people, runs up costs, and is terribly inefficient. Paper prescriptions make me laugh. First, you have to payoff the doctor. Then you take this government order (It’s partially printed on the government’s official pad with the doc scribbling the important part in sanskrit.) The pharmacy checks with your insurance company to see if you can have it. That’s if the FDA has “approved” its use. Arghhh.

I have a solution. The doc tells me what I need and I go buy it. Period. I pay the doc for his advice like I do the tax accountant, the dentist, the vet, the lawn guy. I buy the products I need in a Home Depot or Wall Mart. No government, no rules, no expensive infrastructure. What do you bet that Wall Mart could have it all done with one trip to the store like eyeglasses, mobile phones, McDOnalds, and a bank if they’d let them.

So the problem is that industry did NOT solve the KNOWN general problem of which healthcare is a subset. Then the gubamint continues policies that guarantee the problem is unsolvable. IMHO


MONEY: A eggsplanation of the Rule of 72

Wednesday, August 2, 2006

http://www.eons.com/money/feature/644?section=growthenestegg

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If you know either the interest rate or the time period desired to achieve a financial goal, the Rule of 72 will help to estimate the unknown element. For example, if the interest rate is known, say 9 percent, the time period to double our investment is estimated by dividing 72 by the rate (72/9). It would take about 8 years to double our investment at 9 percent.

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I use 4% for the rate of return assumption, and 6% for the rate of inflation (that hidden tax increase). So that means that every dollar I’m holding is worht 2% next year UNLESS I do something with it. Arghhhh!


TECH: What is a blog?

Wednesday, August 2, 2006

http://community.eons.com/blogs/index/17146

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What’s a blog?

A blog is like an online journal that allows somebody to share their thoughts with the public in the form of blog posts. This page shows recent posts on whatever topics are of interest to the author.
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I’m not so sure that this is the best definition. But, it’s a good start. Currently an internet blog is a collection of DIKW of one or more people around a topic or theme.

I would assert that when it is done by one person alone. It becomes a “personal web log”, a plog! It then is an online journal of sequential musings, ramblings, rantings, or opinions about one or more topics. It does have privacy issues. For example, in my blog, I say I am “lazy”. Does that make it so? How would a potential employer, family member, friend, or acquaintance react to something in my plog? Can I assume an identity in a plog that isn’t really me? Remember Ghandi’s thought about “departments of life” and spillover. Interesting?


TECH: “EONS” a site for old folk has an obit search that’s broken

Wednesday, August 2, 2006

http://www.eons.com/

I track news of Manhattan College alums. It interested me that perhaps this might be a resource I could use. Unfortunately a search with “manhattan college” fails with a ruby error message. Searching for a well known obit by name returns no result. Maybe the dbs aren’t loaded yet? Hmmm. Maybe the “what I want to do before I die” section will work better.