Thursday, June 23, 2011

Libertarian Links

Corrupt Chinese officials and employees of state-owned companies have absconded with about 800 billion yuan ($123.7 billion) of public money over 15 years through 2008, much of it making its way to the U.S., Canada, Australia and the Netherlands, according to Chinese news reports citing a central bank study.

Making drugs more dangerous.

Rand Paul kicking some TSA ass.

President Herbert Hoover asked for a temporary tax increase…in June 1932, raising the top income tax rate from 25% to 63% and quadrupling the lowest tax rate from 1.1% to 4%. That didn’t help confidence or the Treasury. Revenue from the individual income tax dropped from $834 million in 1931 to $427 million in 1932 and $353 million in 1933.

NC licensing ridiculousness: It is dangerous to practice music therapy without the proper education and training, according to Rebecca Engen, a music therapy professor at Queens University. “It is possible to use music harmfully,” Engen said at a meeting of the Legislative Committee on New Licensing Boards June 1. “You can use music that’s the wrong tempo or … that does not have the right musical qualities, and it can affect someone physiologically in a way that it can be damaging.” [...]Right now almost 80 percent of medical workers are licensed, he said. It’s the most regulated industry in terms of occupational licensing. And it’s also the most expensive.

More on licensing.

Bachmann forgets her reading of Mises.

Obama's free health insurance for middle class: President Barack Obama’s health care law would let several million middle-class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed. The change would affect early retirees: A married couple could have an annual income of about $64,000 and still get Medicaid, said officials who make long-range cost estimates for the Health and Human Services department. Up to 3 million people could qualify for Medicaid in 2014 as a result of the anomaly. That’s because, in a major change from today, most of their Social Security benefits would no longer be counted as income for determining eligibility.

Afghan troop levels.

According to a 2005 report commissioned by the Missouri Bar, caseload, more than any other factor, determines which public defender offices do good work and which do not. No lawyer, no matter how skilled, can do a competent job on 200 felony cases a year. In some public defender offices, the caseload is more than twice that.

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