Showing posts with label Democrats. Show all posts
Showing posts with label Democrats. Show all posts

Saturday, July 18, 2009

Your Current Plan Is NOT An Option

It's Not An Option
By INVESTOR'S BUSINESS DAILY | Posted Wednesday, July 15, 2009 4:20 PM PT

Congress: It didn't take long to run into an "uh-oh" moment when reading the House's "health care for all Americans" bill. Right there on Page 16 is a provision making individual private medical insurance illegal.

When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.

It turns out we were right: The provision would indeed outlaw individual private coverage. Under the Orwellian header of "Protecting The Choice To Keep Current Coverage," the "Limitation On New Enrollment" section of the bill clearly states:

"Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day" of the year the legislation becomes law.

So we can all keep our coverage, just as promised — with, of course, exceptions: Those who currently have private individual coverage won't be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.

From the beginning, opponents of the public option plan have warned that if the government gets into the business of offering subsidized health insurance coverage, the private insurance market will wither. Drawn by a public option that will be 30% to 40% cheaper than their current premiums because taxpayers will be funding it, employers will gladly scrap their private plans and go with Washington's coverage.

The nonpartisan Lewin Group estimated in April that 120 million or more Americans could lose their group coverage at work and end up in such a program. That would leave private carriers with 50 million or fewer customers. This could cause the market to, as Lewin Vice President John Sheils put it, "fizzle out altogether."

What wasn't known until now is that the bill itself will kill the market for private individual coverage by not letting any new policies be written after the public option becomes law.

The legislation is also likely to finish off health savings accounts, a goal that Democrats have had for years. They want to crush that alternative because nothing gives individuals more control over their medical care, and the government less, than HSAs.

With HSAs out of the way, a key obstacle to the left's expansion of the welfare state will be removed.

The public option won't be an option for many, but rather a mandate for buying government care. A free people should be outraged at this advance of soft tyranny.

Washington does not have the constitutional or moral authority to outlaw private markets in which parties voluntarily participate. It shouldn't be killing business opportunities, or limiting choices, or legislating major changes in Americans' lives.

It took just 16 pages of reading to find this naked attempt by the political powers to increase their reach. It's scary to think how many more breaches of liberty we'll come across in the final 1,002.

Why Public Option for Healthcare will Result in Hostile Takeover of ALL Healthcare

Wednesday, July 15, 2009

House Democrats Health Plan a Pain in the Neck

Do you like rules and regulations and the government making choices for you? If so, you are going to love the Democrat's new universal healthcare plan and all of it's mind-numbing bureacracy.

Wednesday, June 17, 2009

Looking for a Leader

Letter from an American

June 17, 2009

I'm a home grown American citizen, 53, registered Democrat all my life. Before the last presidential election I registered as a Republican because I no longer felt the Democratic Party represents my views or works to pursue issues important to me. Now I no longer feel the Republican Party represents my views or works to pursue issues important to me. The fact is I no longer feel any political party or representative in Washington represents my views or works to pursue the issues important to me. There must be someone. Please tell me who you are. Please stand up and tell me that you are there and that you're willing to fight for our Constitution as it was written. Please stand up now.

You might ask yourself what my views and issues are that I would horribly feel so disenfranchised by both major political parties. What kind of nut job am I? Will you please tell me?

Well, these are briefly my views and issues for which I seek representation:

One, illegal immigration. I want you to stop coddling illegal immigrants and secure our borders. Close the underground tunnels. Stop the violence and the trafficking in drugs and people. No amnesty, not again. Been there, done that, no resolution. P.S., I'm not a racist. This isn't to be confused with legal immigration.

Two, the TARP bill. I want it repealed and I want no further funding supplied to it. We told you no, but you did it anyway. I want the remaining unfunded 95% repealed. Freeze, repeal.

Three: Czars. I want the circumvention of our checks and balances stopped immediately. Fire the czars. No more czars. Government officials answer to the process, not to the president. Stop trampling on our Constitution and honor it.

Four, cap and trade. The debate on global warming is not over. There is more to say.

Five, universal healthcare. I will not be rushed into another expensive decision. Don't you dare try to pass this in the middle of the night and then go on break. Slow down!

Six, growing government control. I want states rights and sovereignty fully restored. I want less government in my life, not more. Shrink it down. Mind your own business. You have enough to take care of with your real obligations. Why don't you start there.

Seven, ACORN. I do not want ACORN and its affiliates in charge of our 2010 census. I want them investigated. I also do not want mandatory escrow fees contributed to them every time on every real estate deal that closes. Stop the funding to ACORN and its affiliates pending impartial audits and investigations. I do not trust them with taking the census over with our taxpayer money. I don't trust them with our taxpayer money. Face up to the allegations against them and get it resolved before taxpayers get any more involved with them. If it walks like a duck and talks like a duck, hello. Stop protecting your political buddies. You work for us, the people. Investigate.

Eight, redistribution of wealth. No, no, no. I work for my money. It is mine. I have always worked for people with more money than I have because they gave me jobs. That is the only redistribution of wealth that I will support. I never got a job from a poor person. Why do you want me to hate my employers? Why -- what do you have against shareholders making a profit?

Nine, charitable contributions. Although I never got a job from a poor person, I have helped many in need. Charity belongs in our local communities, where we know our needs best and can use our local talent and our local resources. Butt out, please. We want to do it ourselves.

Ten, corporate bailouts. Knock it off. Sink or swim like the rest of us. If there are hard times ahead, we'll be better off just getting into it and letting the strong survive. Quick and painful. Have you ever ripped off a Band-Aid? We will pull together. Great things happen in America under great hardship. Give us the chance to innovate. We cannot disappoint you more than you have disappointed us.

Eleven, transparency and accountability. How about it? No, really, how about it? Let's have it. Let's say we give the buzzwords a rest and have some straight honest talk. Please try -- please stop manipulating and trying to appease me with clever wording. I am not the idiot you obviously take me for. Stop sneaking around and meeting in back rooms making deals with your friends. It will only be a prelude to your criminal investigation. Stop hiding things from me.

Twelve, unprecedented quick spending. Stop it now. Take a breath. Listen to the people. Let's just slow down and get some input from some nonpoliticians on the subject. Stop making everything an emergency. Stop speed reading our bills into law. I am not an activist. I am not a community organizer. Nor am I a terrorist, a militant or a violent person. I am a parent and a grandparent. I work. I'm busy. I'm busy. I am busy, and I am tired. I thought we elected competent people to take care of the business of government so that we could work, raise our families, pay our bills, have a little recreation, complain about taxes, endure our hardships, pursue our personal goals, cut our lawn, wash our cars on the weekends and be responsible contributing members of society and teach our children to be the same all while living in the home of the free and land of the brave.

I entrusted you with upholding the Constitution. I believed in the checks and balances to keep from getting far off course. What happened? You are very far off course. Do you really think I find humor in the hiring of a speed reader to unintelligently ramble all through a bill that you signed into law without knowing what it contained? I do not. It is a mockery of the responsibility I have entrusted to you. It is a slap in the face. I am not laughing at your arrogance. Why is it that I feel as if you would not trust me to make a single decision about my own life and how I would live it but you should expect that I should trust you with the debt that you have laid on all of us and our children. We did not want the TARP bill. We said no. We would repeal it if we could. I am sure that we still cannot. There is such urgency and recklessness in all of the recent spending.

From my perspective, it seems that all of you have gone insane. I also know that I am far from alone in these feelings. Do you honestly feel that your current pursuits have merit to patriotic Americans? We want it to stop. We want to put the brakes on everything that is being rushed by us and forced upon us. We want our voice back. You have forced us to put our lives on hold to straighten out the mess that you are making. We will have to give up our vacations, our time spent with our children, any relaxation time we may have had and money we cannot afford to spend on you to bring our concerns to Washington. Our president often knows all the right buzzword is unsustainable. Well, no kidding. How many tens of thousands of dollars did the focus group cost to come up with that word? We don't want your overpriced words. Stop treating us like we're morons.

We want all of you to stop focusing on your reelection and do the job we want done, not the job you want done or the job your party wants done. You work for us and at this rate I guarantee you not for long because we are coming. We will be heard and we will be represented. You think we're so busy with our lives that we will never come for you? We are the formerly silent majority, all of us who quietly work, pay taxes, obey the law, vote, save money, keep our noses to the grindstone and we are now looking up at you. You have awakened us, the patriotic spirit so strong and so powerful that it had been sleeping too long. You have pushed us too far. Our numbers are great. They may surprise you. For every one of us who will be there, there will be hundreds more that could not come. Unlike you, we have their trust. We will represent them honestly, rest assured. They will be at the polls on voting day to usher you out of office. We have cancelled vacations. We will use our last few dollars saved. We will find the representation among us and a grassroots campaign will flourish. We didn't ask for this fight. But the gloves are coming off. We do not come in violence, but we are angry. You will represent us or you will be replaced with someone who will. There are candidates among us when he will rise like a Phoenix from the ashes that you have made of our constitution.

Democrat, Republican, independent, libertarian. Understand this. We don't care. Political parties are meaningless to us. Patriotic Americans are willing to do right by us and our Constitution and that is all that matters to us now. We are going to fire all of you who abuse power and seek more. It is not your power. It is ours and we want it back. We entrusted you with it and you abused it. You are dishonorable. You are dishonest. As Americans we are ashamed of you. You have brought shame to us. If you are not representing the wants and needs of your constituency loudly and consistently, in spite of the objections of your party, you will be fired. Did you hear? We no longer care about your political parties. You need to be loyal to us, not to them. Because we will get you fired and they will not save you. If you do or can represent me, my issues, my views, please stand up. Make your identity known. You need to make some noise about it. Speak up. I need to know who you are. If you do not speak up, you will be herded out with the rest of the sheep and we will replace the whole damn congress if need be one by one. We are coming. Are we coming for you? Who do you represent? What do you represent? Listen. Because we are coming. We the people are coming.

Friday, May 22, 2009

Obama's Credit Card Fraud

Under the credit card reform proposed by the Obama administration, customers who pay their bills on time will now be subjected to higher fees to compensate for the restrictions that these companies face regarding what fees they can charge their delinquent customers. But wait! Looks like they get to screw the delinquent customers as well, through unrestrained interest rates, which will be far more debilitating over the long term to those who do not pay their bills on time. Credit Card Companies to ALL consumers: Checkmate.

OBAMA'S CREDIT CARD REFORM IS A FRAUD

By DICK MORRIS & EILEEN MCGANN

Published on DickMorris.com on May 22, 2009


The widely heralded credit card reform legislation making its way through Congress is a sellout to the credit card companies. Obama has proposed and Congress has passed a series of minor reforms that deal with the fringes of the problem - late billings, retroactive interest rate hikes, misapplication of payments and such - but fail to reform the most basic offense of the companies: their usury.

Congress explicitly rejected any limitation on the interest rate credit card companies can charge. It remains perfectly legal for them to charge rates that would make a loan shark blush.

In our book Fleeced, we explain how, until 1979, credit card interest was subject to usury limits of the various states. But the Supreme Court emasculated these limits by ruling that the state of the lender, not of the borrower, had the sole power to legislate interest rate limits. South Dakota swiftly jumped into the void the Court created, eliminating any usury limits. All the credit card companies moved there and took advantage of the regulatory vacuum to hike up their rates to unconscionable levels.

Competition can do nothing to force down rates since 90% of the credit cards are issued by a handful of companies. And states are paralyzed when it comes to regulating rates.

It is up to Congress to act. Yet the credit card companies' massive campaign donations succeeded in buying off enough Democrats and virtually all the Republicans to kill any limits on interest rates. So companies can continue to charge basic rates of 18 percent and then up to 30 percent as punishment for minor offenses like being a few days late in making payments.

But Obama and his Democratic allies are loudly proclaiming their success in fighting for the consumer despite their failure to use their majorities to afford any real protection form usurious interest rates.

Congress should have legislated a ceiling on regular interest rates limiting them to five points above prime and on punitive rates requiring them to be no more than ten points above prime. But Obama and the Democrats (and, of course, the Republicans) caved into the special interests and left out any interest rate controls.

The high rates charged by credit card companies obviously do a great deal to impede consumer spending and drive families into bankruptcy. The average credit card balance for those who have such debt is over $13,000. A 30 percent interest rate means more than $300 per month in interest payments alone!

It is cruel to see Obama offering the illusion of hope for credit card victims while denying them real relief.

Friday, May 8, 2009

Coming Soon to a Neighborhood Near You!

Sing along now! "These are the people in your neighborhood, in your neighborhood, in your neigh-bor-hood. Ooooh, these are the people in your neighborhood, the people that you meet each day". (Sesame Street)

Sunday, May 3, 2009

Feeding the Monster

A great post from the blog, Get Liberty, which details the differences in pay and benefits between the public and private sector. Here in RI, this is one of the main issues which has caused our economy to circle the drain. Looks like the rest of the US is using our state as a model for growth. Good luck with that.

Feeding the Monster

By: adminOn: 04/28/2009 12:22:24In: Fiscal ResponsibilityComments: 0
By Isaac MacMillen

“An appeaser is one who feeds everyone else around him to the crocodile, in hopes he'll eat him last.” –Winston Churchill

American taxpayers are feeding a voracious monster that threatens their very existence. Much like the unwitting tourist that feeds a wild animal only to whet its insatiable appetite, American taxpayers are funding a government bureaucracy that, at its current and projected growth rate, will eventually consume the private sector.

Now, with the release of a study drawing attention to the disparity in pay and benefits between the public and private sectors, the seriousness of the situation is finally being brought into full view.

According to USA Today, public sector employees make nearly 44 percent more than their private sector colleagues, once benefits are factored into the equation. The average state or federal employee makes $39.25, of which $13.38 is benefits, while the average salary of a private employee is $11.90 less—$27.35, including $7.98 in benefits.

This huge disparity is dangerous. While the private sector produces goods and services that stimulate economic growth, the public sector siphons off tax dollars and drains the investment pool. As the public sector grows—and no doubt it will continue to expand, as the Democrats in the White House and in Congress push their Big Government plans—production declines and deficits explode.

Read the rest HERE.

Tuesday, February 10, 2009

America's New Health Dictatorship

Little known to virtually every American until this article was posted yesterday, is the inclusion of a National Coordinator for Health Information Technology in the Stimulus Package. Sounds innocent enough, right? Obama has been talking about converting medical records to electronic records for some time in an effort to streamline medical care. The real purpose of this new healthcare nominee, however, is far more sinister, and was purposely slipped into the Stimulus Bill without fanfare, without discussion, and without the knowledge of the American people. And it, perhaps more than anything in that bill, will effect the lives of every American more than any of us can imagine. Seniors, in particular, are in the cross hairs of this brave new Obama health care world.

I have a special interest in this topic as I worked in biotechnology for 18 years, and my husband is a physician. I also have relatives and friends in Canada and England who live under the universal healthcare umbrella. The systems are wholly designed on cost-effectiveness models of providing health to a wide variety of individuals, under a strict bureaucracy which dictates which medicines and technologies are worth providing to specific groups, based on certain criteria, such as age. Rationing is inherent to the system; otherwise it is simply too expensive to provide. This will be more problematic in a country of 300 million people of various races and ethnic backgrounds. Every day, scientists find genetic differences in the way that individuals respond to medicine. Under this new regime, we will all be treated as the same based on whatever group in which the government decides to place us. If a particular cancer drug may work for you, but it is experimental, or too expensive, too bad. You'll get the drug the government says you'll get, regardless of whether it will actually work to cure you. You think HMO's are tough to deal with; try changing the government's mind about the effectiveness of the newest drug before your child dies of a cancer that it may have cured.



Ruin Your Health With the Obama Stimulus Plan: Betsy McCaughey

Commentary by Betsy McCaughey


Feb. 9 (Bloomberg) -- Republican Senators are questioning whether President Barack Obama’s stimulus bill contains the right mix of tax breaks and cash infusions to jump-start the economy.

Tragically, no one from either party is objecting to the health provisions slipped in without discussion. These provisions reflect the handiwork of Tom Daschle, until recently the nominee to head the Health and Human Services Department.

Senators should read these provisions and vote against them because they are dangerous to your health. (Page numbers refer to H.R. 1 EH, pdf version).

The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors.

But the bill goes further. One new bureaucracy, the National Coordinator of Health Information Technology, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions (442, 446). These provisions in the stimulus bill are virtually identical to what Daschle prescribed in his 2008 book, “Critical: What We Can Do About the Health-Care Crisis.” According to Daschle, doctors have to give up autonomy and “learn to operate less like solo practitioners.”

Keeping doctors informed of the newest medical findings is important, but enforcing uniformity goes too far.

New Penalties

Hospitals and doctors that are not “meaningful users” of the new system will face penalties. “Meaningful user” isn’t defined in the bill. That will be left to the HHS secretary, who will be empowered to impose “more stringent measures of meaningful use over time” (511, 518, 540-541)

What penalties will deter your doctor from going beyond the electronically delivered protocols when your condition is atypical or you need an experimental treatment? The vagueness is intentional. In his book, Daschle proposed an appointed body with vast powers to make the “tough” decisions elected politicians won’t make.

The stimulus bill does that, and calls it the Federal Coordinating Council for Comparative Effectiveness Research (190-192). The goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs. He praises Europeans for being more willing to accept “hopeless diagnoses” and “forgo experimental treatments,” and he chastises Americans for expecting too much from the health-care system.

Elderly Hardest Hit

Daschle says health-care reform “will not be pain free.” Seniors should be more accepting of the conditions that come with age instead of treating them. That means the elderly will bear the brunt.

Medicare now pays for treatments deemed safe and effective. The stimulus bill would change that and apply a cost- effectiveness standard set by the Federal Council (464).

The Federal Council is modeled after a U.K. board discussed in Daschle’s book. This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis.

In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision.

Hidden Provisions

If the Obama administration’s economic stimulus bill passes the Senate in its current form, seniors in the U.S. will face similar rationing. Defenders of the system say that individuals benefit in younger years and sacrifice later.

The stimulus bill will affect every part of health care, from medical and nursing education, to how patients are treated and how much hospitals get paid. The bill allocates more funding for this bureaucracy than for the Army, Navy, Marines, and Air Force combined (90-92, 174-177, 181).

Hiding health legislation in a stimulus bill is intentional. Daschle supported the Clinton administration’s health-care overhaul in 1994, and attributed its failure to debate and delay. A year ago, Daschle wrote that the next president should act quickly before critics mount an opposition. “If that means attaching a health-care plan to the federal budget, so be it,” he said. “The issue is too important to be stalled by Senate protocol.”

More Scrutiny Needed

On Friday, President Obama called it “inexcusable and irresponsible” for senators to delay passing the stimulus bill. In truth, this bill needs more scrutiny.

The health-care industry is the largest employer in the U.S. It produces almost 17 percent of the nation’s gross domestic product. Yet the bill treats health care the way European governments do: as a cost problem instead of a growth industry. Imagine limiting growth and innovation in the electronics or auto industry during this downturn. This stimulus is dangerous to your health and the economy.

(Betsy McCaughey is former lieutenant governor of New York and is an adjunct senior fellow at the Hudson Institute. The opinions expressed are her own.)

To contact the writer of this column: Betsy McCaughey at Betsymross@aol.com

Monday, February 9, 2009

Three Cheers for Rep. Shuler

Let's hear it for Rep. Heath Schuler (D-NC) for speaking the truth about the chief architects of the grotesque Spendulous Bill. Wow, a politician who says what he means and means what he says. I feel like we've just come across the last remaining member of a previously thought extinct species.

From Politico today;

Pelosi, Reid have "failed," Shuler says
Rep. Heath Shuler (D-N.C) has further ingratiated himself with House Speaker Nancy Pelosi — not — by declaring that Pelosi and Harry Reid "failed" the bipartisanship test on stimulus.

"In order for us to get the confidence of America, it has to be done in a bipartisan way," Shuler said in Raleigh following an economic forum, according to the AP.

"We have to have everyone — Democrats and Republicans standing on the stage with the administration — saying, 'We got something done that was efficient, stimulative and timely.'"

Here's the kicker: "I truly feel that's where maybe House leadership and Senate leadership have really failed."

Shuler, rumored to be mulling a '10 Senate run, was one of 11 House Democrats to vote "no" on the stimulus and was already deep in Pelosi's doghouse. Now he'll have to build a Harry Reid wing.

Saturday, February 7, 2009

Lay It On Thick

Below is a list of the Democrat Incumbents for Senate up for re-election in 2010, as well as the traitorous three Republicans who plan to Vote Yes on the Spendulus Bill. I urge each and every one of you to call or fax these individuals to express your outrage about this plan to mortgage our kids futures with spending which will do nothing to actually stimulate our economy. The CBO (Congressional Budget Office) has crunched the numbers and states that it will do MORE damage to our economic future than if no stimulus plan is passed at all. CEOs are coming out against it. It's nothing but a barf bag of Democrat paybacks and hallucinatory dreams from the past 40 years. Do your part, NOW! Even if you are not one of their constituents, you can still give campaign money to their opponents in the 2010 election- make sure they know that when you call!

Democratic incumbents

Blanche Lincoln of Arkansas
Barbara Boxer of California
Michael Bennet of Colorado
Christopher Dodd of Connecticut
Daniel Inouye of Hawaii
Roland Burris of Illinois
Evan Bayh of Indiana
Barbara Mikulski of Maryland
Harry Reid of Nevada
Kirsten Gillibrand of New York
Chuck Schumer of New York
Byron Dorgan of North Dakota
Ron Wyden of Oregon
Patrick Leahy of Vermont
Patty Murray of Washington
Russ Feingold of Wisconsin

Republican incumbents

Arlen Specter of Pennsylvania

Other Republican traitors:

Olympia Snowe of Maine
Susan Collins of Maine

Sunday, February 1, 2009

Call Your Senators and Tell Them "No, Baby, No!"

A mini revolution is afoot, my friends. There is growing opposition in the Senate to the $900B Stimulus Plan by not only Republicans, but by some Democrats as well. The only way the tide will change is if each and every one of us, and our friends and families, pick up the phone and make a one minute call to our Senators. Whether you live in a red state or a dyed in the wool blue state, this is a critical time to make your voice count. Even they cannot ignore an outcry of disgust among their constituents.

This will not be easy, but the Senate has the numbers to make a difference. Some Republicans may cross lines to support the package, but some fiscally conservative Democrats who defect can make up the difference. Obama promised a new era of bipartisanship. Let's give it to him! Get to the Phones, NOW!

PS Find your Senators' contact information to the right on the page

Friday, January 30, 2009

Secret Healthcare Agenda Hidden in Stimulus Plan

It's no secret that Barack Obama ultimately wants a universal government funded healthcare system in this country. He has chosen Tom Daschle, an over-the-top advocate for universal healthcare as his nominee for Health and Human Services Secretary. Tom's mantra for enacting this reform, as stated in his 2008 book is "Move fast, before the public can debate, and create as vague a bill as possible". How comforting that in Obama's promised new age of transparent government, he chooses someone who will attempt to sneakily foist upon the American people the single biggest change that will effect their lives.

What's little known however, is the dirty little secret that the current Stimulus Plan contains a huge expansion of government funded healthcare. If this porker of a bill passes, up to 10 million more Americans could be eligible for federal healthcare in the next month. Some of the proposed expansions to "stimulate" the economy:

1. The SCHIP program, initially designed for very poor working families, will now enable families who make up to $65K per year to enroll.
2. Medicaid will expand to include Americans who have lost their jobs. In most cases, states cannot apply income tests, so the Investment Banker who just lost his job can sign up for free health care, courtesy of you, the taxpayer. His family gets the free ride too.
3.COBRA, the plan that allows the unemployed retain the insurance of their former employer will allow for workers over the age of 55 to retain this coverage until they are eligible for Medicare at 65, and the feds will pick up 65% of the tab.
4. The government will decide which electronic medical records programs can be used by hospitals and physicians.

Finally, the Dems are gearing up to lower the age of Medicare eligibility to 55. Yes, Medicare, the healthcare program that will shortly run out of money as currently written.

I've got to hand it to the new administration; they are darn good at presenting a crisis argument for the passage of the stimulus to the American people, all the while stealthily attempting to enact laws, that once in place, will be virtually impossible to revoke. I don't know what more infuriating; government's outrageous arrogance, or the American people's ignorance and apathy to the monumental shifts that are taking place right under their feet.

Wednesday, January 7, 2009

How Many Zeros in a Billion?

This is too true to be funny.
The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.

A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of it's releases.

A. A billion seconds ago it was 1959.
B. A billion minutes ago Jesus was alive.
C. A billion hours ago our ancestors were living in the Stone Age.
D. A billion days ago no-one walked on the earth on two feet.
E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.

While this thought is still fresh in our brain...
let's take a look at New Orleans...
It's amazing what you can learn with some simple division.

Louisiana Senator, Mary Landrieu (D) is presently asking Congress for 250 BILLION DOLLARS to rebuild New Orleans. Interesting number...what does it mean?

A. Well...if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528.

B. Or...if you have one of the 188,251 homes in New Orleans, your home gets $1,329,787.

C. Or...if you are a family of four...your family gets $2,066,012.


Washington, D. C. <>

Are all your calculators broken??

Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago...
and our nation was the most prosperous in the world.
We had absolutely no national debt...
We had the largest middle class in the world...
and Mom stayed home to raise the kids.
What happened?

Can you spell 'politicians!'

Friday, January 2, 2009

Five Dem Govs

U.S. governors seek $1 trillion federal assistance
Fri Jan 2, 2009 5:48pm EST

Five Democratic governors have asked the Obama administration for $1 Trillion dollars in state aid for schools, roads and infrastructure, unemployment benefits, and assistance in tackling rising home foreclosures through loan modification programs. The govs apparently spent more than their allowance, and want daddy to pay up so they can continue to live the lifestyle to which they have become accustomed. Only problem is, Obama doesn't have the money either, but we know this sugar daddy is bound to come through for the chillin's. There ain't no free lunch, but daddy sure won't let that little inconvenience get in the way. Because he knows there are people out there whose pockets he can pick whenever he lets his hounds, Nancy and Harry, off their leashes to tear into their prey.

Wednesday, December 31, 2008

Ode to 2008

A variation on "My Favorite Things"....

Patriots blow a SO perfect season
Real estate markets collapse for some reason
Fannie and Freddie and Barney and Dodd
Madoff's exposed as a rob-the-rich fraud

McCain and Obama run a strange race
Media bias a slap in the face
Caribou Barbie riles up the crowds
Wright hates the US and yells it out loud

Terrorists, Pirates, and Hurricane Ike
Joe asks Barack all about his tax hike
Iran's getting Nukes and Putin's real cranky
Edwards the Hypocrite likes hanky-panky

Meltdown on Wall Street, $700 billion bailouts
Bush and Congress, OMG they're such sell-outs!
Mumbai and Plaxico, where does it end
Dems are UAW's very best friend

GM and Chrysler and Ford all with their hands out
Blagojevich puts Senate-For-Sale out
Gas and oil prices go through the roof
Kenyan Obama won't show us the proof

When I watch stocks fall, and more bailouts,
and I'm feeling mad
I simply remember I'm not going insane
And then I don't feel so bad.

Wednesday, December 10, 2008

What If...

Headlines scream of looming deficits and ongoing, seemingly never ending new stimulus programs proposed and dreamed up by the Democrats in their quest to nationalize every industry in the USA, and I wonder what the consequences will be. What will the USA look like when my kids are adults? What kind of tax burdens will they shoulder in order to ensure that everyone gets their "fair share", with no regard to their contribution to society? Will they ever know of the opportunities to attain prosperity for which America has been known for 200 years? Or will their efforts be for naught in a country which will eagerly strip them of their earnings should they desire to go above and beyond to educate themselves, work harder, and provide more for their own families?

If indeed the USA of tomorrow looks more like the France or Denmark of today, (minus the beautifully preserved historic cities and towns), then would I, or my children choose to live here? What other options exist for a fruitful existence based on one's personal responsibility and desire to achieve, to reach farther down into the human spirit to create, to strive, to provide a better life for one's family? What if huge numbers of educated people with a strong work ethic got so fed up that they just....left? Went to Mexico or Tazmania or Kenya or wherever to start a new life? Doctors, lawyers, accountants, teachers, engineers, computer geeks, scientists, entreprenuers, manufacturers. For a moment, forget the issues related to visas and attaining citizenship and whatnot. Just imagine a mass of the (relatively) richest, most educated, and entreprenuerial people on the planet moving to some other place to start a new life, based on the principles espoused by the America they once knew. The America which rewarded creativity and work ethic and education and risk taking rather than rewarding only abject failure. The kind of America our ancestors left their homelands for in search of opportunity. Would a developing country willingly throw this great human capital away? Perhaps some would welcome their traditional American can-do spirit and allow them to create an existence which would better the lives of all. Without having to own them all.

Wednesday, November 26, 2008

The Effects of Credit Gluttony

An interesting commentary on the free market system:

THE FREE MARKET CONSENSUS 1989-2008: RIP
By DICK MORRIS & EILEEN MCGANN
Published in the New York Post on November 26, 2008

The subprime mortgage crisis is only the Sarajevo which caused the financial collapse. The real reason is the massive explosion of debt at all levels and in all forms that has engulfed the world. Since 1992, the total of debt in the world has gone from a level equal to global GDP to a level that is now 3.7 times as much as global GDP. This debt explosion, explained in Charles Morris' book (no relation) The Trillion Dollar Meltdown, consists not only of mortgages, but bonds for corporations that can't repay them, credit cards for consumers who are neck deep in debt, car loans for drivers who can't meet the payments, student loans that are swamping young couples, and default insurance sold by companies that can't make good on their commitments. This massive debt has to be sweated out of our global economic system like a heroin addiction. But we won't have to go cold turkey. Governments around the world are committed to mitigating the pain. They are not about to ask us to go through the agony of another Great Depression. They have learned the lessons of the 30s. So government will ease our pain with stimulus packages and corporate bailouts to protect us and the companies that sustain our employment base. These bailouts and stimuli will not solve the problem. They are simply pain killers - methadone - designed to mitigate our suffering. It is only the private sector shakeout, "creative destruction" in the words of Joseph Shumpeter, that can eradicate the bad debt and bring the economy back to health. To fail to go through this process would put us in the same situation as Japan, which evaded a reckoning with its bad debt crisis and has suffered with twenty years of stagnation as a result. But to go through withdrawal, even with methadone, will be a long and painful process. Liberals -- demand siders -- and conservatives -- supply siders -- disagree on the remedies for the crisis. The demand siders feel that we need to stimulate demand by passing out checks and cutting middle class taxes. The right points out that this will only be a drop in the ocean of global demand and that much of the money will be used for debt reduction and to buy Chinese products. The supply siders plead for a cut in corporate taxes and capital gains levies. Critics say that the current lack of confidence in the economy inhibits investment no matter how much the tax code incentivizes it. Both solutions and both criticisms are correct. The proper medication - the right methadone - is a balance between the two. But, conceptually, what is happening is the end of the consensus around free market economics engendered by the fall of communism. The era of free market consensus lasted from 1989 through 2008. It is now over. Bush and Obama will leave us with a legacy of government regulation, at a minimum, and control, at the maximum, over the economy. When the Republican version of the bailout, calling for loans and insurance instead of outright grants of money to corporations, was rejected (thanks to John McCain), the fate of the free market era was sealed. With the bailout cash came the reasonable demand for "equity for the taxpayers" in return. Enter the government. Now the federal government is the major shareholder in most of our important financial and insurance companies and in many of our manufacturing corporations. Now we hear this leverage articulated in reasonable demands for limits on corporate executive bonuses and compensation. But soon it will metastasize into calls for a public voice in lending policies and government management and control. Obama and a top heavy Democratic Congress will accelerate this trend and there is nothing the Republican Party will be able to do about it. In the meantime, Obama will pass his entire radical agenda by dressing up the expansion of health insurance and his other schemes as part of a "stimulus package." Thus sanitized, the most massive pork barrel in history will be rubber stamped in a matter of days by the new Democratic Congress. Obama will be freed from the discipline of the balanced budget. With a bi-partisan consensus t hat deficits are vital in fighting the crisis (or mitigating the pain) there is no constraint on Obama and his party. The sky is the limit on spending. Indeed, spending is now a national duty. The inevitable result is massive inflation. And since the deficit spending will have been simply to reduce the pain of the depression and not to cure its cause, it will be a stagflation beyond anything we have ever known. A depressflation. Then the question will be: When will we realize that government controls are magnifying, not solving the problems that caused the depression? When will the patience of the public with Obama's remedies run out? When will we realize that the inflation the deficits are causing are more painful than the unemployment they are mitigating? Eventually all this will come to pass. Our guess is 2010. But maybe it won't be until 2012 or alter. In the meantime, the era of big government is back!

Tuesday, November 18, 2008

If Only Liberals Were As Smart

Today I have to go and paint the house we are renovating, so I'm posting a little Republican humor for the day (sent to me by my father- Happy Birthday, Dad! And brother, Johnny, too).

I was talking to a friend of mine's little girl, and she said she wanted to be President some day. Both of her parents, liberal Democrats, were standing there, so I asked her, "If you were President what would be the first thing you would do?" She replied, "I'd give food and houses to all the homeless people." "Wow - what a worthy goal!" I told her. "You don't have to wait until you're President to do that. You can come over to my house and mow, pull weeds, and sweep my yard, and I'll pay you $50. Then, I'll take you over to the grocery store where the homeless guy hangs out, and you can give him the $50 to use toward food or a new house." She thought that over for a few moments because she's only 6 years old. And while her Mom glared at me, the young child looked me straight in the eye and asked, "Why doesn't the homeless guy come over and do the work, and you can just pay him the $50?" And I said, "Welcome to the Republican Party.

Sunday, November 9, 2008

Singing the Blue State Blues

According to The Center on Budget and Policy Priorities, twenty eight states and the District of Columbia face a budget deficit for the fiscal year 2008-2009. Twenty of these 29 voted for Barack Obama and are thus considered "blue" states (or in the case of DC, a district). California faces the biggest deficit ($16 billion), as well as the largest deficit per taxpayer ($740). My home state of RI is 4th on the list according to deficit per taxpayer at $550 per person, and also has the largest unemployment rate in the nation at 8.8%. So why would does Barack Obama's economic plans rely on the same failed policies employed by these "blue" states which are bleeding red ink?

Rhode Island has a long time Democrat run State General Assembly. In fact, after this year's elections, only 10 Republicans remain in the 113 seat legislature. The state is plagued by cronyism, strong unions, high personal and corporate taxes, entitlement programs which attract the non- working as well as illegal immigrants, and rampant political corruption. And yet the voters, in their ultimate wisdom, continue to reward the same self-destructive policies and politicians without fail. The Republican Governor is all but ham-strung by a legislature which works concertedly to thwart his every policy proposal to grow the state's economy and create a business friendly environment. Rhode Island recently made national headlines when Jack Welch held it up as a dismal place in which to do business. Unless there is change, this does not bode well for the state in the years to come.

Blue states such as California and New York are lining up to ask the federal government for bail-outs. In addition, the Big 3 automakers from Michigan (another blue state that is "in the red" and which has the 2nd highest unemployment rate) are asking the federal government for loans of $25 million to stay in business, despite the fact that they admit that they have not shown innovation and failed to control the strong unions which have squeezed them dry.

Obama and his advisors are currently prioritizing which policies to enact when he transitions to President. He stated at his first press conference that he believes the policies he campaigned on are still the best way to go. Is this the economic policy that is going to shape our entire country under Obama's plans: high corporate taxes, unimpeded unions, engorged and newly created entitlement programs, and innovation busting taxes on successful small business owners, combined with a Democratic supermajority? Throw in stringent carbon emissions caps which will increase energy costs for all, along with a protectionist trade policy and a picture emerges of a downturn of which even Rhode Island couldn't dream. Perhaps Li'l Rhody's economy will be held up as example as to what we can all expect to"enjoy" under our new President-elect's direction. The rest of you have no idea what you're in for.

Friday, October 24, 2008

The Tax Tipping Point

A very pertinent article from the Wall Street Journal concerning the America we may soon realize.

Obama and the Tax Tipping Point
How long before taxpayers are pushed too far?
By ADAM LERRICK
What happens when the voter in the exact middle of the earnings spectrum receives more in benefits from Washington than he pays in taxes? Economists Allan Meltzer and Scott Richard posed this question 27 years ago. We may soon enough know the answer.
Barack Obama is offering voters strong incentives to support higher taxes and bigger government. This could be the magic income-redistribution formula Democrats have long sought.
Sen. Obama is promising $500 and $1,000 gift-wrapped packets of money in the form of refundable tax credits. These will shift the tax demographics to the tipping point where half of all voters will receive a cash windfall from Washington and an overwhelming majority will gain from tax hikes and more government spending.
In 2006, the latest year for which we have Census data, 220 million Americans were eligible to vote and 89 million -- 40% -- paid no income taxes. According to the Tax Policy Center (a joint venture of the Brookings Institution and the Urban Institute), this will jump to 49% when Mr. Obama's cash credits remove 18 million more voters from the tax rolls. What's more, there are an additional 24 million taxpayers (11% of the electorate) who will pay a minimal amount of income taxes -- less than 5% of their income and less than $1,000 annually.
In all, three out of every five voters will pay little or nothing in income taxes under Mr. Obama's plans and gain when taxes rise on the 40% that already pays 95% of income tax revenues.
The plunder that the Democrats plan to extract from the "very rich" -- the 5% that earn more than $250,000 and who already pay 60% of the federal income tax bill -- will never stretch to cover the expansive programs Mr. Obama promises.
What next? A core group of Obama enthusiasts -- those educated professionals who applaud the "fairness" of their candidate's tax plans -- will soon see their $100,000-$150,000 incomes targeted. As entitlements expand and a self-interested majority votes, the higher tax brackets will kick in at lower levels down the ladder, all the way to households with a $75,000 income.
Calculating how far society's top earners can be pushed before they stop (or cut back on) producing is difficult. But the incentives are easy to see. Voters who benefit from government programs will push for higher tax rates on higher earners -- at least until those who power the economy and create jobs and wealth stop working, stop investing, or move out of the country.
Other nations have tried the ideology of fairness in the place of incentives and found that reward without work is a recipe for decline. In the late 1970s and throughout the 1980s, Margaret Thatcher took on the unions and slashed taxes to restore growth and jobs in Great Britain. In Germany a few years ago, Social Democrat Gerhard Schroeder defied his party's dogma and loosened labor's grip on the economy to end stagnation. And more recently in France, Nicolas Sarkozy was swept to power on a platform of restoring flexibility to the economy.
The sequence is always the same. High-tax, big-spending policies force the economy to lose momentum. Then growth in government spending outstrips revenues. Fiscal and trade deficits soar. Public debt, excessive taxation and unemployment follow. The central bank tries to solve the problem by printing money. International competitiveness is lost and the currency depreciates. The system stagnates. And then a frightened electorate returns conservatives to power.
The economic tides will not stand still while Washington experiments with European-type social democracy, even though the dollar's role as the global reserve currency will buy some time. Our trademark competitive advantage will be lost, and once lost, it will be hard to regain. There are too many emerging economies focused on prosperity and not redistribution for the U.S. to easily recapture its role of global economic leader.
Tomorrow's children may come to question why their parents sold their birthright for a mess of "fairness" -- whatever that will signify when jobs are scarce and American opportunity is no longer the envy of the world.
Mr. Lerrick is a professor of economics at Carnegie Mellon University and a visiting scholar at the American Enterprise Institute.