No, We Are Not Seeing Record Hurricanes

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Unleash Prosperity Hotline – Weekend Edition
Issue #1122
10/11/2024 – 10/13/2024
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1) What the Hurricanes Have Taught Us

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2) No, We Are Not Seeing Record Hurricanes
If you haven’t seen this clip from Governor Ron DeSantis’s press conference yesterday, we recommend watching his annihilation of a reporter who questioned whether climate change caused the hurricanes:

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As the charts below show, there is no trend of more severe hurricanes and there is no correlation with the increase in carbon emissions from fossil fuels.

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3) Obamacare Was All Lies
Even some Republicans now buy into the myth that Obamacare (or the Affordable Care Act as they like to call it) has been a success.

In reality, our latest policy study ([link removed]) by UP's Phil Kerpen and Casey Mulligan - along with Brian Blase of the Paragon Health Institute ([link removed]) , reviews the record and finds that almost all of the promises of Obamacare were broken. The study concluded:
* The ACA was supposed to "bend the cost curve" downward, but healthcare costs increased instead. Premiums for individual market plans doubled.
* Although touted as a means of reducing the deficit, the ACA has added hundreds of billions to cumulative deficits and is a significant contributor to the growing national debt.
* The most famous broken promise was that people would not lose preferred insurance plans and doctors. Seven million consumers had their plans canceled already by the end of 2013.
* Medicaid was supposed to be the cheaper way of expanding insurance coverage. In the real world, the per-enrollee cost of Medicaid expansion is nearly 60% greater than what experts projected.

Obamacare should be renamed: The Broken Promises Act

The full study is available here ([link removed]) or clicking the image below:

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4) Biden Declares War on Google

The Department of Justice has finally admitted they want to force a breakup of Google. The Biden Admin’s proposed antitrust settlement would force Google to break apart its core businesses, including Chrome and Android. This would undermine the company's ability to innovate and provide cheap services for consumers.

Google’s apparent crime is that its products are too popular and too profitable.

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We know that many readers have little sympathy for Google, which has tilted far-left for years in both its political contributions and its moderation policies. But a government breakup punishes success and plays into the hands of China and other foreign tech rivals. How will this help consumers or American workers?
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5) Biden Admin Slams Illinois's "Two-Swipe" Credit Card Price Control

A few months ago we reported ([link removed]) on the madness of a new Illinois law that would require stores and restaurants to run every credit card twice - once for the purchase and then separately for the tax, with the transaction for the tax-exempt from all credit card processing fees, that is, subject to a price control of zero.

We were pleasantly surprised to see that even the Biden administration understands what a crackpot idea this is, weighing into the legal fight over the new law in a sharply worded new filing from the Office of the Comptroller of the Currency.

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The OCC amicus brief argues the Illinois law:
* "is an ill-conceived, highly unusual, and largely unworkable state law that threatens to fragment and disrupt this efficient and effective system"
* "prevents or significantly interferes with federally-authorized banking powers that are fundamental to safe and sound banking and disrupts core functionalities that drive the Nation's economy"
* "constitutes both bad policy and an unlawful interference with federally granted powers"
* "would materially affect interstate commerce"
* "undermine(s) the uniformity necessary for the smooth and effective functioning of the national payment system"

Give Biden credit for getting something right, for once. However, their main concern is that the law illegally interferes with interstate commerce. Does this mean they support a federal version of this crackpot price control? Biden does love price controls.

A hearing on the preliminary injunction is scheduled for October 30.

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6) Our 51st State?
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