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Mitt Romney's recent announcement of Paul Ryan as his
running mate makes this election even more about government
spending, programs and taxes. Ryan is the primary author of
the Republican-led House's 2013 budget proposal. Consider
these five proposals to evaluate Romney's wisdom in
selecting him. *Ryan would limit Medicare costs in* *two ways. *First, he
would allow private insurance to compete with traditional
Medicare. Plans would have to be at least as good as
Medicare, and premium support would be fixed at the second
least expensive plan offered. Second, if competition did not
control costs, per capita increases would be capped at 0.
[click here to read more]
David John Marotta appeared recently on 1070 WINA's Schilling Show discussing power--particularly government power--and what kind is the most dangerous.
In 1985, an MIT professor won the Nobel Prize for a simple
technique that squirrels have known intuitively from birth
-- you have to "squirrel" away some nuts during times of
plenty so you can survive during times of scarcity. Economist Franco Modigliani won his Nobel Prize for modeling
how humans manage their household finances over a lifetime. Modigliani looked at the income and expenses of typical
people over their life from the time they entered the
workplace, raised their families, and retired. He found
there were times when the household’s income was more than
sufficient to meet their expenses and other times when money
was tight.
[click here to read more]
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