Interesting read. Not sure I agree with the author’s premise entirely, considering we have a huge chunk of the population here that believe the “European way” is better. They all originated from the same varied stock as we did yet they’ve come to believe that the very government from which their ancestors considered themselves lucky to have escaped is somehow different put into the context of the 21st century.

We’re for the most part descended from the kind of individuals who possessed what historian John Steele Gordon referred to as the “get up and go” that drove them to leave the comforts of home in order to make their highly uncertain way in the new world that was the United States. We’re different because we’re descended from those who had the courage and drive to leave feudal, excessive taxing, warmongering governments. Simple as that.

When libertarian philosopher Alexis de Tocqueville traveled the U.S. in the 1830s, he described the new arrivals to the U.S. as “restless in the midst of abundance,” and as Gartner notes further, Tocqueville observed that Americans were quite nomadic then, much as we are today. Indeed, according to Gartner, the “average American changes residences every five years–more than the inhabitants of any other nation.”

Definitive Reading: Profits of 14 Top Insurers Account for Two Days HCR Spending

Continuing to pierce the falsity that insurers make oodles of cash monnay:

In 2009, the largest 14 insurers had profits of roughly $9 billion; that approached 0.4 percent of total health spending of $2.472 trillion.


If total health spending is $2.472 trillion per year, that’s about $6.8 billion per day and $283 million per hour. So the profits from last year of $9 billion of the 14 largest insurers account for about 32 hours of annual spending on health care or less than two days of the total spending. It’s then all of the other costs that account for the rest of the 99.6% of spending and the other 363 days.

h/t Fleckman