Archive for the ‘Snapshot’ Category

Hispanic population tops 50 million in U.S.

The U.S. Census Bureau reports the Hispanic population has surpassed 50 million and accounted for more than half of the 27.3-million population increase in the last decade.

The Hispanic population in the United States grew by 43% in the last decade, surpassing 50 million and accounting for about 1 out of 6 Americans, the Census Bureau reported Thursday.

Analysts seized on data showing that the growth was propelled by a surge in births in the U.S., rather than immigration, pointing to a growing generational shift in which Hispanics continue to gain political clout and, by 2050, could make up a third of the U.S. population.

“In the adult population, many immigrants helped the increase, but the child population is increasingly more Hispanic,” said D’Vera Cohn, a senior writer at the Pew Research Center. Read the rest of this entry »

No Wonder AIG Needed a Bailout

Richard Grenell

Richard Grenell

Longest serving U.S. Spokesman in the history of the United Nations

When you get a $173 billion dollar bailout from American taxpayers you don’t have to worry about making good financial decisions — especially when Congress and the Obama administration aren’t paying attention to what you’re doing. Ever since AIG got their enormous taxpayer bailout, they have been dragging their feet on paying back the money. In Taiwan, AIG has failed repeatedly in what should have been an easy sale of its local insurance unit, called Nan Shan. Most recently, AIG inexplicably chose the low bidder in a deal that Taiwanese regulators may have to reject for the second time. This is no way to run a company, unless you aren’t worried about the bottom line because you are owned and backed by the U.S. government. The American taxpayer owns 92% of AIG but has no say in its decision-making process. Read the rest of this entry »

On Health Care, Justice Will Prevail

THE lawsuits challenging the individual mandate in the health care law, including one in which a federal district judge last week called the law unconstitutional, will ultimately be resolved by the Supreme Court, and pundits are already making bets on how the justices will vote.

But the predictions of a partisan 5-4 split rest on a misunderstanding of the court and the Constitution. The constitutionality of the health care law is not one of those novel, one-off issues, like the outcome of the 2000 presidential election, that have at times created the impression of Supreme Court justices as political actors rather than legal analysts.

Since the New Deal, the court has consistently held that Congress has broad constitutional power to regulate interstate commerce. This includes authority over not just goods moving across state lines, but also the economic choices of individuals within states that have significant effects on interstate markets. By that standard, this law’s constitutionality is open and shut. Does anyone doubt that the multitrillion-dollar health insurance industry is an interstate market that Congress has the power to regulate? Read the rest of this entry »

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