Love Your Actuary

This year's report, issued last week, has more than the usual political meaning because Democrats are hailing it as validation of their claims that ObamaCare will save taxpayers money. The trustee report shows "how the Affordable Care Act is helping to reduce costs and make Medicare stronger," the White House said in a statement.

One problem: That spin ignores the extraordinary companion analysis by chief Medicare actuary Richard Foster that repudiates this conclusion and is the most damning fiscal indictment to date of the Affordable Care Act. (WSJ, 8/8/10)

RedStateVT knows many actuaries and counts them among the best and brightest business people. Another thing about actuaries: they are incapable of lying.


Dealing with the Problem
The authorities in Hamburg said Monday that they had shut down the mosque there where several of the hijackers involved in the Sept. 11 attacks had met because it remained a source of radicalization nearly a decade later. (NYT, 8/9/10)

Looks like the Germans have dealt with their mosque problem!