Americans Elect flop: Independents aren’t

Link. “the vast, vast majority of people who tell pollsters or voting registrars that they’re “independent” are actually deeply partisan”. The rest are deeply disconnected.

“Obama had “control” of the Senate—the 60 votes needed to beat a filibuster—from September 2009 to January 2010. If you don’t realize how the delayed seating of Al Franken or the illness of Ted Kennedy or the victory of Scott Brown changed things, you don’t know how the government works.”

Grexit: Salmon

Link. “leaving the euro zone could cost a country like Greece $12,000 to $14,000 per citizen and lead to a 50% drop in its volume of trade.”

Why insurers support ObamaCare

Link. If it goes, they lose 1 Trillion revenue, 180 billion margin. “… $1 trillion accounts for about 9 percent of all revenue that health insurers are expected to earn in the same period. It’s one-half of a percent of the country’s Gross Domestic Product”

The US GDP is mind blowing