Day: July 23, 2010

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Power prices not viable, says Eskom

Eskom chairman Bobby Godsell has taken aim at SA’s relatively low electricity prices, saying the prices should reflect the cost of producing electricity. The power supplier has been lobbying the National Energy Regulator of SA (Nersa) to allow for prices that would recover the costs of production.

Godsell’s comments at

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Danger signs in ObamaCare

Not a single one of its major programs has gotten started, and already the wheels are starting to come off of ObamaCare, says Grace-Marie Turner, president of the Galen Institute. The administration's own chief actuary has reported millions of people could lose their health insurance, health care costs will rise

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When liking India isn’t enough

The Chicago Council on Global Affairs recently surveyed respondents in the United States, China, Russia, Germany, United Kingdom, France, Japan and India in terms of its influence in the world now and in the next 10 years. Not surprisingly, India was ranked last, says John Lee, a research fellow at

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Proposed internet

The USHomeland Security and Governmental Affairs Committee headed by Sen. Joe Lieberman unanimously approved the “Protecting Cyberspace as a National Asset Act of 2010” on June 28, moving the bill to the Senate for a full vote.

According to the Heartland Institute:

The one aspect of the bill eliciting the most concern

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The real tragedy of persistent unemployment

June’s US employment report was disappointing. Though the national unemployment rate fell slightly – it’s now at 9.5 per cent from 9.7 per cent in May – the report reveals deep structural problems that go beyond the number of those who remain without jobs, says Mohamed A. El-Erian, CEO and

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A better way to reform health care

Despite the claims of some partisans to the contrary, the president's plan is failing because it does not speak to the concerns of the majority of Americans. Instead of addressing the high and rising costs of care, it proposes mandates, invasive regulation, and unaffordable new entitlements. This will not bring

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How to greatly reduce the fiscal burden of entitlements

Despite the seriousness of the rapid increase in government spending and fiscal deficits, the main budgetary issue facing all developed countries during the next couple of decades is the expected growth in spending on entitlements: mainly, spending on retirement incomes and medical care given to the elderly, says Gary Becker,

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