Tuesday, March 23, 2010

 

The Death of American Heath Care

This Sunday American health care as we knew it died. Another chunk of America's freedom died with it. The finest health care system in the world was killed by greedy politicians, who in an astonishing fit of political pique, passed a socialized medicine bill in spite of the overwhelming evidence that the American people didn't want it. They passed it having never read the bill. They passed on the basis of bald-faced lies about how it can be done without raising taxes (Ha), by cutting out waste, fraud and abuse (Ha Ha), and by cutting what doctors and hospitals can earn. (Ha, Ha, Ha) Their principal lie was the whopper about 30 million Americans without any access to health care. That is a lie of stupendous proportions. Just check any emergency room in any hospital in America and you'll see these "uninsured" Americans, including illegal aliens, getting all the health care they want, for free. None can be turned away. It's the law. Nonetheless, Obama and his minions steamrollered this monstrosity on all of us in the name of helping these "uninsured" victims who were already covered.

This was never about providing health care. It won't, except very inefficiently. It was never about covering the uninsured. They were all already covered for all practical purposes. What was it about then? It was, and is, all about power. The more power the leftists can wield, the better they like it. And now they have complete control of one sixth of the American economy. And they would like to control 100% of the American economy. They will continue to jam the next batch of destructive bills such as "cap and trade" down our collective throats unless and until we put a stop to it. How? By making sure they lose control of congress this fall. It is that simple. And it is essential at this point.

Tonight many states held the party political caucuses. Here's hoping the next generation of no-nonsensence politicians were nominated and are on their way to replacing the embarrassing gang that killed health care in this country. Our nation's survival depends on it.

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Saturday, January 16, 2010

 

Deja Vu All Over Again?

As the special election in Massachusetts nears, one can't help getting the sick feeling that we've already seen the outcome which, if the Republican doesn't get at least 10 percent more than the Democrat, is foreordained: The Democrat will win. Oh, it might take a recount and several court interventions, but in a close election, they will "find" the votes to make the Democrat the winner. They always have.

There are many examples of this over the years, the most recent being in Minnesota where the comedian Democrat eked out a controversial "victory" after the votes we all in and "counted" and where he at first had lost, then additional votes were "found." A similar outcome happened in the Washington gubernatorial election just a few years ago. There it looked as though the Republican had won, but hold the phone, after a suspicious recount and court intervention, surprise, surprise, ---the Democrat won. A few cycles ago the same thing happened in South Dakota where the "Indian reservation" vote mysteriously was delayed until democrat election officials knew just how many more votes they needed to elect their man and, shock of all shocks, they found just enough. In state after state, election after election, all the close wins have gone to the Democrats. One would be very hard pressed to find a single senatorial or gubernatorial election where a republican has won by less than five percent. In those cases even the most "progressive" Democrat election officials didn't feel confident enough to "find" that many.

How can this be explained? There have been many articles and books published on this subject. They detail the dead voters, bussed-in voters, ballot box stuffing, ballot spoiling, and many other techniques these enlightened progressives use to impose their will on all of us. They also cite numerous statistical experts to point out the absurdly low probability that all close election would go the the Democrats. They also point out that the Democrats get a great advantage if they can get an election into the court system since they have "owned" most of the judges for years. But this doesn't explain why Republicans continue to accept these tainted results. There really is no good answer to that question other than Republicans tend to be too polite to engage in the barroom brawl tactics needed when you are grappling with election thieves. Somehow the republicans don't have the stomach for such fights and simply step aside, conceding even though they know the election was stolen. This only emboldens the vote stealers for the next cycle. Massachusetts will likely provide the next opportunity to see if the party has grown a spine or if we will simply bend over and take it yet again.

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Monday, October 12, 2009

 

They Must Be Insane

One definition of insanity is repeating a behavior or practice that has always been unsuccessful in the past with the delusional idea that it will somehow succeed in the future, in spite of all the evidence to the contrary. Such insanity is frequently manifested in government policies that somehow get imposed on us over and over even though they always fail to accomplish what they are intended to accomplish, and frequently result in adverse effect not foreseen at the time they were imposed. A good example of this is price controls. Yes, we all know that these have failed in the past when they were tried by dictators, despots, left-wingers and other assorted politicians down through the ages. If you put an artificial ceiling price on any commodity, the ceiling will immediately become the floor, and pressure will inexorably mount to raise it. And until it is raised, not only will there be a shortage of whatever commodity is thus regulated, there will be corruption, black markets, etc. created. It happened with gasoline in the 70s, with price controlled rental units in large cities for decades, and with countless other items over the centuries. It is really a singularly bad idea. Yet “progressive” politicians resort to it over and over again to placate the ignorant bleating of their benighted constituents who clamor for “fair prices.” Adam Smith, in The Wealth of Nations, clearly spelled out the inevitable failure of price controls and the virtue of free markets way back in 1776,(oh the irony), but he is mostly ignored and dismissed by today’s left-wing professors of economics, who, none-the-less, have failed to come up with a better system. Russia’s colossal failure in their seventy year experiment in “government control” over prices and production should serve as a warning beacon to all but the most thick-headed.

So, in spite of the abundant evidence that it won’t work, surprise, surprise, here comes the Obama administration with price controls. Yes price controls in the form of interest rates banks are allowed to charge on loans. As of October 1, 2009, banks are restricted in the rate they can charge on mortgage loan products. Of course the new rules are supposed to "protect consumers from problem mortgages,” (which, by the way, were caused in large part by the government requirements imposed on banks by Jimmy Carter’s Community Reinvestment Act.), but in reality they will decrease the amount of loans available to borrowers. The new policy limits the rate banks can charge. Therefore, banks will simply stop making loans to all but the most qualified of borrowers, since the government controlled rates will not allow them to recoup their costs on the riskier mortgages. Additionally most banks have already raised their rates to the highest rate the government will allow since that is the “government approved rate” so they no longer have to compete with one another. No more competition, decrease in products offered, higher prices. Inevitably the pressure will mount for the government to increase the “ceiling” rates. Higher rates for everybody will result due to the lack of competition. Without a doubt banks will make fewer loans to fewer borrowers and the very people who jammed these rate controls through will be crying “discrimination” when the banks elect not to make risky loans. Without being able to price these loans to be viable, they will simply stop making them. This has already happened. We’re not talking the “loan shark” rates that some financial institutions were charging. We’re not talking 36% mortgages here. The banks were making these riskier loans at 2% or 3% over the rate available to the best borrowers. But no more. These loans will no longer be available due to the price controls imposed. Classic consequences: Less supply, less of the market served, more demand equals inflation, corruption and higher prices for everybody. It is insanity.

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Friday, July 24, 2009

 

The Law of Unintended Consequences

As Rush Limbaugh says frequently, "Words mean something." In Barack Obama's lame excuses for besmirching the entire police profession by saying they acted "stupidly", he only exacerbated the situation by claiming his words were mis-calibrated. The words were uttered in plain English. There was no nuance, no obscurity, no doubt about their meaning whatsoever. Obama has now dug a deeper hole by trying to bury the first one he dug. If we had an honest press they would be calling him on it. Don't hold your breath.

The facts are apparently clear in this case: The police officer responded to a call about a possible burglary, investigated and encountered an obviously out-of-control left-winger with a giant chip on his shoulder. The officer apparently did nothing wrong. The professor clearly refused to cooperate with the police officer in any way. The 911 tapes would probably make that abundantly clear if they were allowed to be released. If we had an honest civil administration in the Cambridge police department, they would have already released the tapes. Don't hold your breath.

The tapes will probably not be released precisely because they would exonerate the police officer. They will refuse to release the tapes because it would displease the left-wing power brokers who do not want the professor's outrageous behavior further illuminated. They probably don't dare release the tapes. Don't hold your breath.

One of the most pernicious ways left-wingers wreak damage on our society can be summed up neatly in the Law of Unintended Consequences. In actuality, and in fact, very frequently the opposite result than the left-wingers had intended in their policies and regulations, occurs. For example, John Locke warned over 300 years ago that artificially restricting interest rates lenders could charge resulted in more problems than benefits for most people because the lenders simply stopped lending money at the restricted rates. Therefore, average people could no longer get credit. Instead of helping benighted people to save money on interest, the nanny class prevented them from prospering at all. Many other such examples abound.

Affirmative Action is yet another example of supposed good intentions gone wrong. Professor Gates is a product of the affirmative action generation of the sixties and seventies. No one can ever know what his real merit was when he was accepted to Yale since at the time he was accepted many, many unqualified minorities were being accepted based not on merit, but on the quaint notion that society could correct long-standing injustice against them by just jamming them into Ivy League colleges. Some of them undoubtedly were well-qualified and would have been accepted and would have graduated on their own. However, since they were all lumped together with the unqualified, the smell left behind by affirmative action lingers on and on, permeating each minority college student who attended colleges such as Yale since the sixties. Nobody can know, or ever will know, if any particular student got in, and graduated from the Ivy League educational institutions on their own merit or if the whole thing was as a result of the misguided efforts of do-gooders to right all of the supposed wrongs of prior racial discrimination by reserving slots for less-qualified persons of color, then passing them along because, after all, they couldn't be allowed to fail. The result of this meddling is that many of these "scholars" have a permanent, giant chip on their shoulders, of the variety Professor Gates apparently amply demonstrated. They know the aura of invalidity will follow them the rest of their academic lives no matter what they do. It has to be a heavy burden to bear.

Maybe Professor Gates is the world's greatest scholar on "Black Studies." The news media is convinced he is. The sad reality is that because of the law of unintended consequences as applied to affirmative action, the world can really never know. An honest assessment by commentators would admit this. Don't hold your breath.

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Thursday, February 19, 2009

 

Hooray! I no Longer Have to Pay my Mortgage!

President Obama says so. In an incredible leap of socialism, president Obama will take $75 billion from other people to pay my mortgage for me. I’m only sorry that I didn’t buy a much more expensive house to not pay my mortgage on. I’m sure I would have been much more comfortable in a larger, nicer house than the one I’m currently stuck with. After all, why should those who moved into houses they couldn’t afford, based on fraudulent, phony income, with no down payment, and with mortgage payments based on negative amortization or interest only payments, lose their houses? (THEIR houses? They have nothing invested in these houses. The houses actually belong to the bank and the bank’s shareholders, but that logic totally escapes the Obama thought process!)

But not to fear, Obama will save us all. Many of the very people who are currently not paying their mortgages are in the homes they couldn’t afford because Jimmy Carter, Bill Clinton and now Obama REQUIRED banks to make loans to people who couldn’t afford those houses under the Community Reinvestment Act.

Free welfare for all…. We have to subsidize people who are not paying their mortgage, for the good of all you understand. Hey, this could really catch on! Why pay for anything? Obama will pay for your food, your car, your clothing, your house and everything! Why pay anything? Why work? Incredible!

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Thursday, December 04, 2008

 

No Veto-Proof Congress

The Georgia senate election results have become final and happily, the left-wing Daily Kos crowd will not be having a Merry Christmas this year because they were deprived of one of their most longed-for wishes: a 60 seat Democrat senate. Of course the really despicable Democrat comedian from Minnesota is still trying to "steal" that state but it won't matter in the final analysis. They won't have the super majority they craved. (It always boggles the mind to see how the left-wing gang doesn't ever wonder how it is that every recount in a close election goes their way eventually. How does that happen? Logic would dictate that a truly honest, random recount would spread the "found" votes more or less equally among both candidates, but not if one of the candidates is a Democrat. This has been shown over and over, in state after state. If the race is close, the Democrats will steal it. It's almost a matter of pride with them.)

After securing the presidential election win, Barack, much to his credit, has disappointed his wild-eyed cohorts by naming several actual moderates to his cabinet. He has given us "Clinton Three" for the most part with a couple of "holdovers" to a least give the illusion of leading from the center. The Kos Kids are livid. No doubt the current economic conditions have tempered his real long-range intentions and even a committed socialist realizes that a crippling tax increase immediately after his election wouldn't sit well with the otherwise deluded American people. The tax increases will have to wait for a little while at least, but they, no doubt will be coming.

Conservatives are starting to come out of the hills to try and reorganize a comeback. It will be a long, hard slog but must be done. No doubt, when Obama's tax increases and wrong-headed policies start to show their negative effects, the American people will be ready again for a swing back to sanity. This time we must assure that "genuine" conservatives of the Reagan ilk are elected and not the country-club Republicans who fumbled away the last opportunity they were given. The nation's survival may well depend on it.

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Friday, October 31, 2008

 

Truth and Consequences

For the past year many Americans have been ignoring many simple truths. Barack Obama is not what he appears to be and many self-deluded Americans, plagued with "white guilt" don't seem willing or able to admit to themselves that truth. Obama is an inexperienced political novice, without any qualifications, accomplishments, or relevant experience to be president of the United States. Obama has many troubling prior associations with radicals, terrorist supporters, communists and other assorted socialists that would prevent him from getting any kind of employment that required a security clearance or background check. And perhaps the most difficult of all truths for many people to admit to themselves: Obama is where he is for one reason, and one reason only -- because he is black. The truth hurts, but if anybody is willing to be honest at all with themselves, they have to admit that if Obama had the same background and experience he would not be the nominee of his party if he were white. I'm sorry if the truth is hard to hear.

Barack Obama is entirely a creation of a coalition of white, moneyed liberals, left-leaning mainstream media outlets who are in love with the concept of the "first black president" and who are deluded by power hungry Democrat politicians who share a pathological hatred for George W. Bush, and radical left-wing activists who really do want to destroy the America most of us know and cherish. Without the concerted efforts of this group, we would have never heard of Barack Obama since he himself has done nothing to merit any notoriety. This truth is undeniable.

If Obama wins the election on November 4Th, America may well survive, but will undoubtedly suffer severe damage from the appointment of assorted left-wing judges and the left-wing legislation he will support. The effect of this will be to further destroy the proven capitalist system that has provided us with unprecedented prosperity for over 200 years and replace it with socialist, grey bureaucracy dominated by the lunacy that people will work hard to provide tax revenue for leftists to redistribute to their favored clients. Nevertheless, America will probably survive, albeit at a great cost in lost prosperity and wasted time. However, if Obama wins and gets a veto-proof congress, America may well not survive the onslaught of left-wing political idiocy which would no doubt destroy most of the basic institutions we all hold sacred. "Spreading the wealth" will destroy us just as certain as that concept has destroyed every other socialist/communist experiment nations have previously tried.

The polls are tightening up. There is still hope that enough Americans will wake up in time to save us, if not from an Obama presidency, then at least from the dreaded veto-proof congress. Here's hoping we will not perish in that conflagration. We must remain steadfast in our resolve to not allow that to happen and to work tirelessly to overturn the Obama phenomenon as soon as possible after it bears the bitter fruit it inevitably will produce.

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Thursday, September 25, 2008

 

Leave the Taxpayers Out of It!

So some large Wall Street investment banks find themselves in serious trouble these days. Through a combination government mandated poor business decisions caused, in no small measure, by the Community Reinvestment Act, unrealistic economic assumptions, greed and foolishness, they wound up with a ruinous portfolio of non-performing real estate loans. The consequences? They should all now go out of business!! That’s the way it works in the real world. You make too many poor choices, the consequences are — you lose your business. It has always been that way. That’s the way it should work now and forever. That’s capitalism.

However, in an incredible collapse of good common sense, otherwise conservative-leaning politicians are leaping blindly into a new socialism to rescue these banks with taxpayer money! Uncle Sam will give the very banks that made the mess enough money to paper over their problems. Of course anytime you create the nation’s biggest federal bureaucracy in one fell swoop, and put billions of dollars into it, you have set the stage for years of taxpayer hardship to pay the freight. Our children’s children will be paying for this boondoggle for many years to come. You also create the inevitable feeding grounds for every special interest, government money grabbing, lobbyist known to mankind all lining up to get their “share” of the pie. This money will be spent on every liberal special interest program imaginable, earmarked to bring pork to every greedy congress person who can extend their hand, and will expand from a mere $700 billion, to who knows how much in the blink of an eye. It’s a bad idea! It should go away! It really could be the downfall of this nation!

But what can we do to help out the economy you ask? These large bank failures really have put the nation’s economy at risk. The threat of recession or worse is real. The economy really is in danger due to the lack of capital in the banks to fund loans to businesses and home purchases! This is true — and something really does need to be done. But what?

First, congress should immediately repeal the capital gains tax effective 1/1/08. This would cause multiple millions of dollars to pour into the economy immediately. The incentive to invest would increase greatly. Next, the president should announce that the non-performing assets held by these failing banks are for sale at thier current market value. He should stress that the patriotic thing for persons with means to do is to purchase these assets, which are backed with real estate after all, in the rational expectation that they will inevitably increase in value over the years, making them a good investment in the long run – and the fact that the investors will not have to pay capital gains tax on the gains from these investments will only make them all the more attractive. This is the private enterprise solution to this problem. There is money out there looking for investment opportunities. These assets are not worthless and will attract potential investors if packaged and marketed correctly. The above steps along with some additional penalties and sanctions against the senior management of the profligate banks involved, plus some modest banking regulation reforms would solve this problem quickly. This approach will leave the bloated government bureaucracy out of it in large part. This plan will help, rather than hurt, the future of our nation. We should insist that our elected representatives take the proven capitalist pathway and leave the failed socialist theories alone. If not, we’ll all regret it — sooner, rather than later.

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Sunday, September 14, 2008

 

CAVEAT ELECTOR

One of the most aggravating aspects of this, or any political campaign season, is the nearly constant lying perpetrated by politicians and their minions. While it happens on both sides, any objective analysis would reveal that recently the lying is much more likely a tactic of the Democratic Party. This is exactly what is currently going on in the Obama camp. It is an old story. Democrats seem to think they can just get away with it. A few examples: Kerry told the whoppers about "Chirstmas in Cambodia" and numerous other "Vietnam war hero" fibs. Clinton shook his finger at us and point blank lied about Monica Lewinski. Hillary repeatedly said she had no idea where the Rose Law firm billing records were. There are many, many more examples.

While is has been a long held political fact of life that you can't go after any democrat politician for lying --it's what they do-- Obama is taking it to a new low. One blatant example is his nearly constant claim that the economy is "... the worst since the Great Depression". In fact it isn't but that doesn't stop the Obama machine from spouting that whopper almost daily. In fact the economy is not even in a recession. A recession requires three consecutive quarters of negative economic growth. That hasn't happened. Not even close. The housing market, while under some stress, has very recently been worse, most recently in 1999 during the Clinton administration. The unemployment rate has ticked up a few points by it too has been much worse recently. The fact the the major news media is in the tank for him explains part of the reason Obama feels perfectly free to spout lie after lie after lie. Nobody will ever call him on it, and since he refuses to debate John McCain, he will likely never have to defend his lies.

Why can we sue and jail businesses who deceive us, and yet we have almost no recourse against democrat politicians who continually do the same or worse? The businessmen have the power the deprive us of a few dollars, but the lying democrat politicians have the power to literally control and ruin our lives through onerous taxes and regulations. Our only recourse is to vote against these liars and hope against hope that enough other Americans are astute enough to see through them. We don't have to just take it. Just like you wouldn't buy a car from a salesman who you knew to be an outright liar, why would you consider electing a presidential candidate who routinely lies. Why indeed?

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Monday, September 08, 2008

 

It Was Just About Sex!

Kwame Kilpatrick, the Democrat mayor of Detroit must be spending a lot of time these days talking to himself. He was convicted violating terms of his parole in a case about lying under oath. He is accused of lying about sex. He has to be asking himself: "Why do I have to go to jail for doing the same thing that Bill Clinton did?"

Bill Clinton is jetting around the world raking in millions in speaker fees. Kwame sits in jail. Ain't no justice is this world!

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