Last Friday, the Supreme Court granted certiorari in King v. Burwell. Although it was a relist from last week’s conference—increasing the odds of granting certiorari to 49%–the quickness of the announcement caught many by surprise. Following the Court’s announcement, legal experts have expressed disagreement over the merits of the case: both proponents and detractors of … Continue reading
How the Republican “Wave” was Possible
Obama’s 2012 Presidential victory cinched 60 percent of the youth vote, causing many Republican insiders to question where the party was headed. Republicans were warned that they must “get diverse” to continue the party’s survival. The College Republican National Committee found that young people saw the party as “lacking in diversity” and “old-fashioned.” Republican National … Continue reading
Death Wish: Dying with Dignity
Just seven years ago, “aid in dying” or “assisted suicide,” was illegal throughout the United States with the exception of Oregon. Today, five additional states have passed “death with dignity” bills that allow terminally ill patients to choose to die with the help of their physician. Many praise this legislation for allowing patients who are … Continue reading
California’s Proposition 45: Why it Failed and Its Indictment on the Affordable Care Act
Tuesday (November 4) was a big day for the Republican Party, gaining seven seats in the Senate giving them control of both chambers of Congress. In all of the excitement about the momentum change in federal politics, there was a proposition being voted on in California that went relatively unnoticed when it should not have. … Continue reading
The Most Extraordinary Aspect of the Election is Not What You think!
Following an election, market participants strive to explore the new political landscape. Pundits are commenting, and slowly but surely, people discover what the new landscape looks like. Interestingly though, if you ask political economists (sometimes called Public Choice economists) the most fascinating aspect of an election is perhaps not what parties gain control of which houses of … Continue reading
MetLife Disavows “Systemically Important” Proposal
MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.” After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading
HFT Firms Manipulating NASDAQ
Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms. In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading
Uncontrolled Debt, Unprepared Students. Regulations on Career-Colleges Attempt to Control the Trend.
In May of 2014, President Obama proposed that the Administration take steps to address the large number of students who enroll in for-profit college career programs that graduate with little experience, skills that were less than spectacular and high amounts of debt. These programs are leaving students with little option but to default on their … Continue reading
How Can International Students Boost the U.S. Economy? – Part II
Many international students have been leaving the United States after successful completion of their studies. The vast majority of them have been worried about obtaining visas and jobs in fields of their interest since the U.S. current immigration system does not offer any feasible way of how to stay in the country after graduation. Although … Continue reading
How Will the IMPACT Act Impact Hospice Care?
President Obama signed the IMPACT Act into law on October 6. The law had overwhelming bipartisan support and will bring increased federal oversight to hospice programs across the country. The legislation mainly addresses how nursing homes, rehab-centers, and home health agencies assess and report data on quality and other measures. However, buried in the new law … Continue reading
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