Author Archive: K. Lloyd Billingsley

K. Lloyd Billingsley is Communications Counsel at the Independent Institute.
Full biography and recent publications

Fine Idea to Save Obamacare?


Thursday December 12th, 2013   •   Posted by K. Lloyd Billingsley at 7:28am PST   •   0 Comments

As we have noted, Obamacare violates medical ethics by first doing harm. In the early going, in violation of repeated presidential promises, Obamacare stripped many embattled Americans of the health plans they had selected. This pushed them toward the dysfunctional and insecure Obamacare website, where they would get the news about higher premiums and bigger…
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Feds Lose $10.5 Billion on Government Motors


Tuesday December 10th, 2013   •   Posted by K. Lloyd Billingsley at 8:47am PST   •   1 Comment

On December 9, the federal government dumped the rest of its 30 million shares in General Motors, which had become known as Government Motors, for good reason. In 2009, the federal government bailed out the bankrupt automaker to the tune of $49.5 billion and once held 60.8 percent ownership in the company. The loss…
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Bullet Train Boondoggle Update


Monday December 9th, 2013   •   Posted by K. Lloyd Billingsley at 9:12am PST   •   6 Comments

According to a recent report, a judge has ordered California’s High-Speed Rail Authority to “rescind its original funding plan, a decision that figures to halt state bond funding for the $68 billion project until a new plan is put in place.” That might slow down the project but taxpayers should recall the reasons it…
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Fed Survey Shows Government Non-Essential for Economic Growth


Friday December 6th, 2013   •   Posted by K. Lloyd Billingsley at 7:37am PST   •   0 Comments

During the recent 16-day partial shutdown of the federal government, the U.S. economy continued to grow, according to this report on a recent survey by the Federal Reserve. In seven of the Fed’s 12 banking districts, growth was moderate and in regions such as Boston the economy continued to expand. Manufacturing was on the…
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IRS Guarantees Obamacare Collapse


Wednesday December 4th, 2013   •   Posted by K. Lloyd Billingsley at 8:47am PST   •   1 Comment

So far Obamacare has been shuffling a deck full of jokers. It’s a bad idea in the first place, based on lies, paternalism and trickery, and enshrined in an elephantine bill few bothered to read but passed anyway. Even supporters such as Montana Democrat Max Baucus described it as a train wreck. The government…
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CoveredCalifornia.Con


Monday December 2nd, 2013   •   Posted by K. Lloyd Billingsley at 11:59am PST   •   0 Comments

As one headline put it, “Health Care Site is Doing Better,” something one would say of a child still in bed with a fever. But even before December 1, when everything was supposed to be fixed, the federal health care website remained troubled. This news came from the New York Times, which was willing…
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EPA Ethanol Cut Perturbs Politicians


Monday November 25th, 2013   •   Posted by K. Lloyd Billingsley at 8:06am PST   •   0 Comments

Six years ago Congress imposed a mandate on how much ethanol and other biofuels must be mixed into gasoline. Now the Environmental Protection Agency (EPA) is proposing the first-ever cut in that amount. That has politicians perturbed, but for the wrong reasons. The mandate was for 15 percent ethanol — standard stocks contain 10 percent…
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Pillage People Gear Up Government Greed


Friday November 22nd, 2013   •   Posted by K. Lloyd Billingsley at 8:00am PST   •   0 Comments

California deploys some of the highest income and sales taxes in the nation, but the Golden State’s pillage people are worried that they might not be high enough. They now want to more than double registration fees on motor vehicles, more accurately known as the car tax. The car tax is based on .65…
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Federal Bailout Plan Floods Nation with More Sticker Shock


Wednesday November 20th, 2013   •   Posted by K. Lloyd Billingsley at 9:42am PST   •   0 Comments

As everybody knows, so far Obamacare succeeds only at taking away the insurance people already have and leaving them with higher premiums and weaker coverage. Now another government plan is jolting Americans with sticker shock. As this report notes, changes in federal flood insurance are beginning to quadruple premiums in some areas, harming homeowners…
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Silencers Are Golden for U.S. Navy


Monday November 18th, 2013   •   Posted by K. Lloyd Billingsley at 9:34am PST   •   0 Comments

Procurement scandals are common in the U.S. military and seldom the sort of thing anyone could make up. In the latest, as reported by the Washington Post, the U.S. Navy paid $1.6 million for firearm silencers valued at $8,000 – more than 200 times the manufacturing cost – and that most likely never should…
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