Tuesday, October 19, 2010

Liberals’ Disdain for Everyday Americans

Lloyd Marcus

I am continually amazed by the arrogance of liberals and how “little” they think of us. Fifteen years working at a TV station, a liberal propaganda factory, I am familiar with their snooty mindset. “The general public are unsophisticated yahoos.”

Interviewed on the O'Reilly Factor, ABC News' chief political correspondent George Stephanopoulos was asked why Obama's approval rating was plummeting. Incredibly, Stephanopoulos gave every excuse under the sun for Obama's decline, completely ignoring the elephant in the living room which is: Obama has governed totally against the will of the people.

Apparently, the opinions and feelings of everyday Americans are irrelevant to Stephanopoulos. After all, what the heck does mainstream America know? As I said, I've worked in Stephanopolus' media world and know the mindset.

A little interesting side bar to prove my point that liberal media holds the general public in contempt. My career in television ended in 1993. The big “inside” joke of the liberal dominated broadcasting industry was the “Regis and Kathie Lee Show”. Libs thought their show was too wholesome and all American. Kathie Lee was particularly despised by them for being a Christian and too Miss Goody Two Shoes.

And yet, Regis and Kathie Lee were king and queen of morning programming; loved by the masses and hated by the liberal industry elites. Many producers attempted to dethrone Regis and Kathie Lee with so-called, “hipper” shows, only to have their “we think the general public are unsophisticated yahoos” butts kicked, big time, in the ratings.

Liberals in government treat us like idiots as well. In panic mode sensing their devastating defeat in November, the Obama administration, without evidence, accused republicans of accepting illegal foreign campaign funds. When asked to prove their serious accusation, the official Obama administration response was that the burden was on the republicans to prove they are not guilty. Folks, what kind of absurd nonsensical reasoning is that? Obama and company think we are idiots.

Liberals have a history of assuming the general public is gullible inferior idiots. Liberals run political ads filled with lies and throw false outrageous accusations expecting their stupid base to fall for it. In the battle to pass Obamacare, liberal democrat Alan Grayson actually said, “Republicans want you to die.”

I still remember the incident of a little black girl crying her eyes out in fear during the Bush presidential campaign. The self proclaimed paragons of truth and compassion, liberal democrats, told her if Bush won the election, she would be put back into slavery.

Hidden in Obamacare is a plethora of government controls epitomizing liberal's superior knowledge on how we should be forced to live our lives.

Liberal actress Jeannine Garofalo said black RNC Chairman Michael Steele “suffers with Stockholm Syndrome.” So, according to Ms Garofalo, blacks who do not hate or resent their country are ill. How unbelievably arrogant, racist and superior minded.



Speaking of Michael Steele, liberals are quick to call people racist. But, for some reason, they feel free to use racial epithets, racist cartoons and racist doctored photos to punish conservative blacks. Here (above) is a photo of Michael Steele doctored by a liberal blogger when Steele ran for Lt Governor of Maryland. The caption under the photo read, “Simple Sambo wants to move to the big house”.

Libs particularly “dis” minorities by always suggesting standards be lowered to “let us po inferior people of color” in. It would be absurd to think minorities could succeed based on merit; like white folks.

Bottom line, liberal attitudes are insulting, racist, arrogant and superior. I can not comprehend how any thinking person, especially a minority, could embrace the liberal's agenda as beneficial.

SOURCE

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How new GOP Congress can repeal, replace Obamacare

If voters return Republicans to majorities in one or both Houses of Congress, their Job One will be to start the process of repealing Obamacare and replacing it with realistic health care reforms that make universal access possible at a reasonable cost without putting federal bureaucrats in charge of U.S. medicine. President Obama will surely veto even a simple repeal measure, but Republicans still should put an end to Obamacare's most damaging and least popular provisions by defunding them. The process will also force Obamacrats in Congress to cast multiple votes they would probably prefer to avoid, thus setting the stage for a titanic 2012 presidential election contest.

To that end, here are The Examiner's recommendations to GOP congressional leaders for how to approach this most vital issue. This page will feature our recommendations to the new Congress on other major issues throughout this week:

* Bureaucracy: Every year, Congress passes appropriations provisions that forbid the use of funds for certain purposes. Next year's spending bills should bar the Department of Health and Human Services and other agencies from establishing the 159 boards, panels and programs in Obamacare. The Treasury appropriations bill should likewise remove all authority from the Internal Revenue Service for enforcing Obamacare's tax provisions.

* Stop medical lawsuit abuse: Trial lawyers kept medical tort reform out of Obamacare despite the fact such provisions could save at least $200 billion in unnecessary annual health care costs. Trial lawyers made sure Obamacare did include provisions encouraging state attorneys general to outsource litigation against health care providers to ambulance-chasing trial lawyers. The new Congress should put tort reform into health care reform and take the trial lawyers out of it.

* Abortion funding: Congress can and should also permanently bar Obamacare from ever using federal tax dollars to pay for abortions. Not using tax dollars to pay for abortions is one of the few measures on which opponents and defenders of the procedure agree, but more is required to make the ban effective than a meaningless presidential executive order.

* Burdens on small business: Congress should quickly challenge Obama to veto legislation repealing the Obamacare requirement that small businesses fill out and file 1099 Forms for every vendor with whom they have significant dealings.

* Wheelchair tax: Do Obamacrats really want to face a 2012 re-election campaign after voting to tax someone's wheelchair? We don't think so.

* Employer mandate: However it is ultimately replaced, the new health care reform to come should end the tax breaks that make employers the main source of health care insurance coverage. All Americans should have access to good health care insurance without worry they will be denied because of prior conditions. And they should be able to get their coverage from the provider they choose, wherever it is located.

* Individual mandate: Obamacare may be the first federal law in American history that requires every American to purchase a commercial product under penalty of law. If the Supreme Court has not already declared Obamacare's individual mandate unconstitutional, Congress should repeal it.

Repealing and replacing Obamacare must be done carefully and without undue haste. These recommendations are only the first steps, but they are the essential elements for all that follows.

SOURCE

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How to get the economy right

The answer to our current economic malaise is so simple. It boils down to getting only two things kind of right. Not millions of things perfectly right. Two things kind of right! Is that too much to ask for? It's not, as we are led to believe, a very complex formula. It doesn't involve having the best and brightest economic minds surrounding the President carefully crafting complicated plans to be painstakingly executed and monitored day and night by the government's financial czars. It involves getting two things kind of right.

My friend, Nathan Lewis, who understands better than most how tax and monetary policy effect economic output puts it this way: The two and only two things you need for a vibrant, no, booming economy, are low tax rates and stable money. Get those two things right and you are off to the economic races. Get them wrong and you are, well, you are right where we are today, scraping along the bottom, not quite falling behind, but certainly not moving ahead.

Many will argue that a third component, rolling back unnecessary regulations, is required and while that may be true, in reality regulations are just a subset of the low tax proposition. After all, regulations are just additional costs imposed on business by various governments. In other words, they are taxes. Low tax rates will once again realign the incentive structure that has been undermined by the current policies of redistribution, and once again reward hard work.

If a low tax rate is the Burpees Big Boy seed of economic growth, stable money is the spring rain that makes the combination bear fruit. Economies that debase their currency find that attracting capital becomes increasingly difficult. The plummeting dollar tells investors the game is rigged.

Even if you can achieve the nominal returns you seek, at the end of the day you'll end up a loser, as the falling value of the dollar turns your real returns negative. Without capital, you are just a man leaning on a shovel in the field wishing you could persuade the folks at the bank that the tractor that would make your business boom really is a capital idea.

More HERE

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Democrats target GOP donors with hate campaigns

The White House attack on the U.S. Chamber of Commerce isn’t about “disclosure.” It’s about disarmament. While posing as campaign finance champions, the ultimate goal of the Democratic offensive is to intimidate conservative donors, chill political free speech and drain Republican coffers.

Chamber of Commerce official Bruce Josten tried to educate the public. “(W)e know what the purpose here is,” he told ABC News. “It’s to harass and intimidate.” Josten cited protests and threats against chamber members as retribution for ads the organization ran opposing the federal health care takeover.

But this isn’t the first time liberal bullyboys have targeted right-leaning contributors. Far from it.

In August 2008, a former Washington director of MoveOn.org — the smear merchant group that branded Gen. David Petraeus a traitor for overseeing the successful troop surge in Iraq — announced a brazen witch hunt against Republican donors. Left-wing political operative Tom Matzzie told The New York Times he would send “warning” letters to 10,000 top GOP givers “hoping to create a chilling effect that will dry up contributions.” Matzzie bragged of “going for the jugular” and said the warning letter would be just the first step, “alerting donors who might be considering giving to right-wing groups to a variety of potential dangers, including legal trouble, public exposure and watchdog groups digging through their lives.”

Much more HERE

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ELSEWHERE

Rasmussen Predicts GOP Gain of 55 in House: "Nationally-recognized pollster Scott Rasmussen last night predicted that Republicans would gain 55 seats in races for the U.S. House of Representatives November 2—much more than the 39 needed for a Republican majority in the House for the first time since 2006. But the man whose Rasmussen Reports polling is watched carefully by politicians and frequently quoted by the punditocracy said that whether Republicans gain the ten seats they need to take control of the Senate is in question. “Republicans should have 48 seats [after the elections next month], Democrats 47, and five seats could slide either way,” said Rasmussen. He was referring to seats in five states in which the Senate race this year he considers too close to call: California, Illinois, Washington, West Virginia, and Nevada"

Health care plans, waivers, choice?: "President Obama promised in 2009, when the Patient Protection and Affordable Care Act was being debated, ‘If you like your health plan, you can keep it.’ Maybe not. You can’t keep your plan if your employer or your insurance company drops it. That’s where the waivers come in. Because the terms of the new law drive up insurers’ costs, premiums are becoming more expensive, and companies are considering whether to drop plans. The Obama administration decided to grant 30 waivers in September, presumably in part to avoid the embarrassing spectacle of the widespread disappearance of private plans less than a year after the new law was enacted and just before the midterm elections.”

SCOTUS rejects felons’ voting rights challenge: "Massachusetts prison inmates have lost a bid to regain their voting rights after claiming that a state referendum diluted black and Hispanic political clout because of the higher proportion of minorities in the commonwealth’s prison system. The US Supreme Court on Monday declined to hear the case of three inmates who sued the Commonwealth of Massachusetts after a 2000 referendum stripped incarcerated felons of the right to vote. The inmates filed suit in federal court claiming the action violated the federal Voting Rights Act because it had a disparate impact on the political power of minority voters across Massachusetts.”

Taxpayers await annual AMT “patch”: "Of all the tax issues facing Congress when it returns for a lame duck session after the Nov. 2 midterm elections, the annual rite of patching the Alternative Minimum Tax will be the most urgent. Unlike the debate over the Bush tax cuts, which will affect taxpayers’ income in 2011, the AMT applies to 2010. And the delay in patching it is already causing problems and raising alarms for large numbers of middle-income taxpayers — as many as 25 million Americans, according to one expert — who could face a huge increase in their tax payments if Congress doesn’t act.”

From self-reliance to servitude: "We use a variety of yardsticks to judge whether our country is on the right track. Is inflation up? Has unemployment dropped? What’s the stock market doing today? Here’s another one: Are Americans, who have long prided themselves on their freedom and self-reliance, becoming more dependent on government, or less? It’s a yardstick we seldom check. But we should. Consider health care. Before the 1960s, Americans who didn’t get their insurance through work typically got it through civic organizations such as churches and social clubs. Now they’re more likely to get it through government programs such as Medicare, Medicaid and the Children’s Health Insurance Program (CHIP). The result? Greater dependence on government.”

Reaganomics led to an economic turnaround: "When judging the results of successive U.S. governments, it is common to focus on the simple matter of who the president was. But this neglects the importance of Congress in all legislative matters. We can­not understand the actions or the results of an administration without examining both its intentions and the context in which it served. … It is common, for example, to note the increases in the federal budget deficit during the years of the Reagan administration. Shallow analysts look at this one statistic and dismiss ‘Reaganomics’ as a failure. They fail to note that the national debt had been trend­ing upward at an increasing rate dur­ing the ’70s, but peaked out during President Ronald Reagan’s first term. That began a 20-year downtrend in the rate of growth of the national debt.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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A small housekeeping note

ALL of my blogs are blocked from being viewed in China. I also have the distinction, however, that some of my blogs are blocked in some places in the USA and elsewhere -- on "hate speech" grounds (Translation: I sometimes write critically about Muslims and Islam). I tend to think that if my blogs are blocked both in China and in some of the more socialistic parts of America then I must be doing something right!

So to circumvent such bans, I have long done something quite easy: I put up "mirror" sites -- backup copies of my blogs hosted on various less-known webhosts (both free and paid) that tend to escape censorship. So if you cannot read my primary blogs, you can at least read copies.

All webhosts are rather erratic, however, and sometimes freeze up or blink out of existence with or without warning. To cope with THAT problem, I always put up my "mirrors" on TWO hosts. So if one host goes haywire, you can always access the copy of the blog on the second host.

A host that I have been using for a couple of years has however been giving a lot of trouble lately. It seems to be "frozen" (non-updatable) most of the time. I have been unable to do my usual daily updates there. I have therefore given up on that host and am posting the second of my "mirrors" on another host. An updated set of links to all my mirror sites can be found here or here (China readable).

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ObamaCare: 47% Premium Hikes in Connecticut

Via Hot Air, comes this story in the Hartford Courant about how insurers in the nutmeg state are raising rates as much as 47 percent:
The states largest insurer has been approved to raise health premium rates by 41 percent to 47 percent for some of its policies sold to individual buyers, in the largest price hikes yet seen in Connecticut since the adoption of national health care reform.

For all of its individual market plans, Anthem Blue Cross and Blue Shield has received approval to raise rates by at least 19 percent including a range of 30 percent to 44 percent for the brand of plans in the individual market that was most popular in 2009, Century Preferred.

The reason for the increases is the new federal health reform mandates, according to Anthem and the state Department of Insurance, which is defending its approval against charges by Attorney General Richard Blumenthal. Those reforms took effect Sept. 23.

Wasn’t Obamacare specifically supposed to halt the steep cost increases in insurance plans? That was exactly what the president claimed the month before the health care bill passed:
People need to understand why we can’t back off on [health care reform], the president said. One of the major insurers in California just announced that in the individual market, they’re increasing their premiums by 39 percent. That’s a portrait of the future if we don’t do something now.

Well, the future is now and not only is the bill not slowing the rise in insurance costs, Obamacare is actually exacerbating the problem. But hey, its a good thing the president spent all that time getting the policy right.

SOURCE

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Obama’s Job-Killing Regulations

With the prospect of a Republican majority in the House, and, possibly, the Senate, President Obama may continue his anti-business, job killing agenda by issuing intrusive, regulatory, executive orders. Americans should be concerned that federal agencies are drafting new regulatory edicts that will continue the Obama economic policy of stifling innovation and job creation, while rewarding union loyalists.

Taxpayers are growing increasingly worried by a government that is expanding too fast, becoming increasingly intrusive, and throttling the American job creation machine. But, Team Obama seems determined to ignore the stinging rebukes emanating from the nation’s voters.

Many Americans thought Henry Waxman’s Cap and Trade nightmare was dead. While Team Obama may no longer be able to push through another 2000+ page piece of job-destroying legislation, the Administration can use Executive Orders to implement many of the specifics of the legislation via changes in the regulatory policies.

Just last week, the Environmental Protection Agency (EPA) issued partial guidance to increase ethanol content in gasoline to 15% , even though ethanol’s supposed benefits have been solidly debunked. Studies by the EPA have shown that ethanol increases carbon emissions, drives up costs of corn and food products, hinders engine efficiency, and does little to make our nation more energy independent.

In short, the EPA’s ethanol policy is a ploy, designed to prop up a failed industry, with yet another multi-billion dollar bailout from taxpayers.

EPA quietly announced this decision that will result in huge increases in subsidies to the ethanol industry while forcing Americans to buy a product that they don’t want. Nor was there any acknowledgement within the Obama Administration that the unintended consequence of a 15% mandate on ethanol will almost certainly drive up food costs on everything from beef to cereal, to tortillas.

Higher food prices represent a new tax on all Americans as we are forced to pay more for corn-based food products, so that Obama can continue to subsidize the ethanol industry.

In another move that compounds the regulatory burdens, the EPA recently issued a strategic plan for the next five years (Fiscal Year 2011-2015 EPA Strategic Plan) that will cost over a trillion dollars to implement. The plan advances retaliatory mandates that allow President Obama to punish organizations that oppose his flawed policies and donate heavily to Republicans.

For example, on page 44, the EPA unveils its new plan to criminalize violations of the agency’s mandates and has targeted 4 industries --cement plants, coal-fired utilities, glass plants and animal feeding operations, all industries that have, traditionally, donated heavily to Republicans.

It is hard not to consider that the Obama Administration’s actions may be politically motivated, since Americans have seen the Democrat party using this same kind of demagoguery with Koch Industries and the U.S. Chamber of Commerce, both which have chosen to support GOP candidates and Republican job-creation policies.

Nor is the EPA the only Federal Agency working hard to crank up a slew of new regulations which will soon sprout like crabgrass in the spring. Take for example the new rulings that will give the Securities and Exchange Commission (SEC) broad new powers to require all financial institutions, hedge funds, investment firms, banks to set up hiring quotas for minorities.

More troubling still is that, in the interests of “diversity” and “inclusion” Section 342 (p.166) of the new financial reform bill will give the federal government vast new powers to dictate a firms “management, employment, and business activities”.

Let’s be clear: a diverse workforce is a great asset to any company and many Wall Street firms would benefit from hiring more women and minorities. But should we give some young, inexperienced government bureaucrat, only recently out of his/her Oshkosh b’Gosh, the power to dictate “business activities” of our major financial firms and banks? That seems to be the path that Obama is now endorsing.

The GOP may win back the House and possibly even the Senate, but Republicans need to be savvy and vigilant. Rolling back Obama’s job-killing, costly legislation will not be the only challenge facing the 112th Congress. Ferreting out the many government agency executive orders that place punitive, costly requirements on businesses and carry criminal penalties if businesses don’t comply, will be a far harder task. Identifying these many, destructive requirements will be hard to do; rescinding them will be even harder.

SOURCE

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By the Numbers: The Democrats' Deplorable Record

Here are a few of the eye-poppers:

9.6%: That’s the latest unemployment figure from the US Bureau of Labor Statistics. In the African-American community, the number is 16.1% -- and for teens, it’s 26%. Given these figures, perhaps it’s understandable that many in President Obama’s base aren’t terribly enthusiastic about turning out to vote this year. Note that in 2004, when state senator Barack Obama mocked George W. Bush’s “jobless recovery,” unemployment was 5.8%.

$13 trillion: Our enormous national debt totals a whopping $44,000 for every man, woman and child in America.

$1.3 trillion / 9.9%: The deficit for the fiscal year ending last month was $1.3 trillion dollars, representing around 9.9% of GDP. Although the deficit ran $122 billion less than the record-breaking shortfall of the year before, don’t break out the champagne – the Obama administration projects that the deficit will climb to $1.4 trillion during FY 2011. What’s more, the FY 2009 deficit of $1.4 trillion was the first time the deficit ever exceeded $1 trillion – and the first time since World War II that it exceeded 10% of GDP.

$3.52 billion: This represents the net tax hikes on Americans enacted over the last two years. Americans for Tax Reform offset the tax cuts in the S-Chip program, the “stimulus,” ObamaCare, and small business legislation from the tax hikes contained in the same programs. The net outcome – the $3.52 billion increase – is why Democrats’ claims to have voted for tax cuts are disingenuous in the extreme.

75: The number of days until recession-weary Americans – all of us – are whacked by the largest tax increase in history. Those now in the 10% bracket will pay 15%, while the 25% bracket rises to 28%, the 28% bracket rises to 31%, the 33% bracket rises to 36%, and the 35% bracket goes up to 39.6%. Rates will also rise on savers and investors; capital gains will rise from 15% this year to 20% in 2011, while the dividend tax will rise from 15% this year to 39.6% in 2011. Also, Americans with children can bid a fond farewell to the dependent care tax credit – it’s being cut – and the child tax credit is being halved.

The numbers are frightening. And they are infuriating. After spending money faster than taxpayers can send it to them, Democrats have nothing to show for their efforts but higher unemployment, higher taxes and more debt. And still they’re raising taxes to take yet more of our money.

More HERE

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The land of the free again: Two wars but no conscription

In war as in life, what doesn't happen is often as significant as what does. The wars in Iraq and Afghanistan, with their setbacks, victories and casualties, have many things in common with past American wars. But there is one big thing missing this time: the draft.

Hendrik Hertzberg noted recently in The New Yorker magazine that "for the first time in a century, America is fighting a long war -- indeed, two long wars, each longer than our participation in both World Wars put together -- without conscription."

That change represents a sort of throwback to the early days of the republic. When President James Madison proposed conscription for the War of 1812, New Hampshire's Daniel Webster rose on the House floor in eloquent opposition.

"Where is it written in the Constitution, in what article or section is it contained, that you may take children from their parents, and parents from their children, and compel them to fight the battles of any war in which the folly or wickedness of government may engage it?" he demanded. That was the end of that idea, until the Civil War.

It's not just that no one wants to bring back the bitter divisions and organized resistance the draft produced in the 1960s. It's also that we have established the clear superiority of a military composed of men and women who choose to serve.

No one would imagine you could run a private business with employees who are forced to take jobs there against their will. Imagine the difficulty of motivating them. Yet we used to run the Army that way.

There is no doubt that the current wars have put exceptional burdens on the active duty force as well as reservists -- burdens far greater than they expected when they signed up. But future soldiers will have no illusions about what to expect, and they will adjust their choices to fit the new reality.

Thanks to the abolition of the draft, if Americans want to keep making such heavy demands on the military, they will have to pay generously enough to get people to enlist and re-enlist.

It was once a novel experiment: fielding a force to protect freedom without grossly violating freedom by dragooning young men to serve. But it's worked so well we've almost forgotten there's an alternative.

SOURCE

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ELSEWHERE

Good one!: "Eighteen Revolutionary Guards have been killed in a fire at an ammunitions store at one of the elite force's bases in western Iran, the state IRNA news agency has reported. "Eighteen members of the forces at the base were killed and 14 wounded" in Tuesday's explosion, IRNA quoted Guards commander Yadollah Bouali as saying. Mr Bouali said on Tuesday that the explosion hit when a fire spread to the munitions store at the base. The Revolutionary Guards have emerged as a powerful military and economic force in Iran in recent years, especially under the presidency of Mahmoud Ahmadinejad. The Guards were heavily involved in the government's crackdown on opposition protests"

Obama as FDR: The real deal about the New Deal: "The 67 million of us who voted for Obama two years ago did so for a variety of different reasons. Some cast their vote because he is a black man, some because of his eloquence, some because he opposed the Iraq War, some because of his policies benefitted the poor and middle classes, and some simply because he seemed the antithesis of George W. Bush. … The FDR that Time alluded to is the one that most of us know — the charming man who repaired the US economy, conquered the fascists, defended the rights of minorities, and had the support of just about everyone in the United States. The problem is, that FDR is the product of nostalgia. In reality (as is often the case with reality), things were a whole lot more complicated. In fact, FDR’s actual record raises criticisms very much akin to the posthype gripes about Obama.”

ObamaCare’s unseen costs: "On Tuesday, the White House decided to fight back against a tax-related rumor about the new health care law. Beginning in 2012, wrote Stephanie Cutter, the administration’s head of health care messaging, employers will have to provide information about the value of your health insurance benefits on your W-2. But, she said, despite rumors to the contrary, ‘you will absolutely not pay taxes on these benefits.’ … the Affordable Care Act will lead to the taxation of health care benefits. Starting in 2018, high-end health care plans will be subject to a 40 percent excise tax for any benefits that exceed $10,200 for an individual or $27,500 for a family. Indeed, the Patient Protection and Affordable Care Act is chock full of tax hikes. And those taxes will cost more than you might think.”

Grabbing the third rail: "Those who accept the idea that entitlement reform is the third rail of American politics should have to grapple with the rise of Rep. Paul Ryan. In the past year, Ryan has drawn a lot of heat for his ambitious plan to confront our nation’s looming entitlement crisis. Democrats from President Obama on down have eviscerated his ‘Roadmap for America’s Future,’ arguing it would destroy Social Security and gut Medicare. Yet Ryan is expected to coast to victory, just as he has in every election since he first ran in favor of Social Security personal accounts twelve years ago. And his constituents aren’t reflexively Republican.”

There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Sunday, October 17, 2010

Wal-Mart vs. The Morons

I won't vouch for all the numbers below but the general idea has a lot to be said for it -- JR

1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.

2. This works out to $20,928 profit every minute!

3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.

4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.

5. Wal-Mart employs 1.6 million people, is the world's largest private employer, and most speak English.

6. Wal-Mart is the largest company in the history of the world.

7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this in only fifteen years.

8. During this same period, 31 big supermarket chains sought bankruptcy.

9. Wal-Mart now sells more food than any other store in the world.

10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.

11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores. (Earth's population is approximately 6.5 Billion.)

12. 90% of all Americans live within fifteen miles of a Wal-Mart.

You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy. This should be read and understood by all Americans Democrats, Republicans, EVERYONE!!

To President Obama and all 535 voting members of the Legislature, it is now official you are ALL corrupt morons:

a. The U.S. Postal Service was established in 1775. You have had 234 years to get it right and it is broke.

b. Social Security was established in 1935. You have had 74 years to get it right and it is broke.
c. Fannie Mae was established in 1938. You have had 71 years to get it right and it is broke.

d. War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to "the poor" and they only want more.

e. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are broke.

f. Freddie Mac was established in 1970. You have had 39 years to get it right and it is broke.

g. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 32 years to get it right and it is an abysmal failure.

You have FAILED in every "government service" you have shoved down our throats while overspending our tax dollars.

AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM?

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Anatomy of Petulance

Victor Davis Hanson

I was fascinated watching the recent Obama campaign stops, particularly the contrast with 2008. Gone are the faux columns and classical backdrops. There are no more vero possumus seals (now they fall off the podium). All pretense of “no more red states, no more blue states” nonpartisanship has long ago been dropped. Even the shrill, boilerplate evocation of “Bush-Cheney did it” sounds strained. The blatant divisive appeal to unions, young people, and “black folks” is now unapologetic.

Them versus Us is the new theme. Gone is the pretense of inclusivity. Even the fainting now seems rigged rather than spontaneous, the faux cadences forced and more Rev. Wrightish rather than inspired. The eyes of the crowd roll, and have lost their glazed zombie look of 2008. It all reminds me of the failed comeback tour of the proverbial fading rock star, the desperate promos for the sinking supposed blockbuster Hollywood movie, or perhaps something akin to Jerry Ford’s WIN buttons or the Carter desk thump.

So Unfair

The recent interviews with and analyses of the Obama administration — as it descends to a near 40% approval rating — by sympathetic liberal journalists reveal one common theme: a sort of petulance that the actual job of an administration proved so much more of a downer than the giddiness of the 2008 campaign. So unfair, so terribly unjust.

Apparently Team Obama’s disappointment is largely found in others (as is “they” and “them”), rather than this bunch’s own hubris and its invitation to nemesis. There seems to be absolutely no realization about three central truths to the implosion of this administration. And until they achieve self-reflection, they will have no comeback analogous to a Bill Clinton in 1995:

Flukes as Mandates

Obamites still seem to think their arrival signaled a genuine American move to the left, or at least Obama’s singular ability to take the country to the left, rather than a confluence of once in a century events that allowed the northern liberal Obama to do what Dukakis, Kerry, McGovern, and Mondale had not (e.g., the novelty of the first serious African-American candidacy, the anger over the Iraq war, the lackluster McCain campaign that seemed to want to lose nobly rather than win messily, the first orphaned election without incumbents since 1952, the September 15, 2008, panic and meltdown, and the stealth candidacy of Obama running as a centrist moderate).

There was no need right off the bat, in the midst of a recession, to nationalize health care, push cap and trade through the House, digest the student loan program, sell cash for clunkers, or celebrate mega-deficit stimulus borrowing. Unemployment was the key and was ignored, although a great deal of research had shown that targeted tax incentives and reassuring talk about a favorable business climate can accelerate recovery.

All this nonsense was a complete misreading of the election. The result is that in a few weeks Obama will destroy the careers of 50-70 House members and 8-11 senators who followed the tune of our mellifluous pied piper into the abyss. I suggest that he doesn’t care all that much (his post-office future is brighter than theirs) — both because of narcissist tendencies and a sober reflection that a Republican Congress in 2011-12 can be blamed for cutting the “needy” while Obama can take credit for the upturn that will surely follow once business grasps his socialist agenda is stalled.

Private Enterprise Is Run by Humans

This administration is absolutely clueless about the psychological element central to economic recovery. (Yes, yes, I know, some of you think it was a predetermined effort to wreck capitalism. I wrote about that for National Review for tomorrow.) Obama & Co. seem to think businesses and financial bodies are not human, and so don’t mind serial slurs (from the damnation of the Chamber of Commerce [real smart in a recession] to quips like “I do think at a certain point you have made enough money” as the first lady hits Costa del Sol). Yes, businesses are run by real people with feelings and sensory perception. They “get” the demonization of those who make over $250,000, the loose talk of VAT taxes, caps off income subject to payroll taxes, health care surcharge taxes, a return to the Clinton tax rates only on top incomes, higher capital gains taxes and new inheritances taxes.

Add all that to new health care and financial regulations, and the message is clear the American private sector is suspect rather than industrious and critical to our nation’s economic life. After Obama’s slurs against Fox, the Republican leadership, insurers, Wall Street, doctors, police, the people of Arizona, or opponents of the Ground Zero mosque, fairly or not, a lot of people conclude that he does not like them or what they do or what they represent. So trillions of dollars in capital are waiting on the sidelines until November and proof that the Obama agenda is stalled. Even the SEIU or Nancy Pelosi cannot change that fact.

Trumping Nixon

Then there is the constant petulance. The administration has proven itself vintage Nixonian in its enemy lists without Nixon’s foreign policy expertise. Collate all the dark forces like Rush Limbaugh, Sean Hannity, Justice Roberts, Fox News, John Boehner, the Tea Party, the Chamber of Commerce, and Karl Rove. Then add those nefarious actors with Journolist, Robert Gibbs’s venomous buffoonery, and the president’s own attacks (e.g. “stupidly” acting police, racist Arizonans that deport kids on their way to ice cream, xenophobic Manhattanites) and we are right back to 1972-3, albeit with the hypocritical veneer of hope and change, no more red/blue state, and across the aisle brotherhood. Hypocrisy is a force multiplier to paranoia.

An Unimaginable Reckoning?

We are looking at a perfect storm in November. In theory, well less than 180 seats are absolutely safe. Millions of independents and conservative Democrats will vote by a straight pocketbook barometer: Obama turned a recession into a near depression in a way Reagan and Clinton did not. Millions of other naïve Republicans and moderates feel embarrassed that they voted for a European socialist and won’t ratify his agenda in November. A hard-core leftist base is petulant that Obama copied Bush’s anti-terrorism protocols and broke a lot of promises in the process; they will vote only if they happen to be driving by the polls on a Tuesday afternoon.

A few wealthy liberals are starting to do some basic arithmetic and, lo and behold, are discovering that they are on the wrong side of the new economic Mason-Dixon line of $250,000 and are suddenly counter-revolutionaries, and thus scheduled for a $20-40 thousand “contribution” in new income, capital gains, health care, and state income taxes to achieve “redistributive change.” (That monstrous Obama ’08 sign on the lawn, much less the fading Obama/Biden bumper sticker, does not count with the IRS.) They remind me of ‘reformers’ who thought throwing out Louis XVI would put them at the forefront of a reasoned revolution and now find themselves on the way to the guillotine, the sympathetic “rich” that Robespierre and the Committee of Public Safety still didn’t like.

Even the base, unions, and minorities won’t all show up without Obama, their godhead, on the ballot. The final irony? The more Obama goes out on the campaign trail, slurs the Chamber or the new enemy of the week, and blatantly appeals to bloc voting from particular minority groups, the more unsympathetic to voters he becomes. (I don’t recall George W. Bush going after Keith Olbermann, Bob Shrum, MoveOn.org, or the AFL-CIO).

SOURCE

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Why Pastors Punt on Political Issues

Doug Giles

The other day I was queuing up to speak at a conference about “Raising Righteous and Rowdy Kids in a Rank Day,” but because the last Tea Party I attended was so woefully deficient in pastors during these historic times I decided to switch my topic and put my crosshairs on the squishy, compromised pink flesh of the craven brethren.

Now, this screed is primarily for Christian pastors, but in the spirit of multicultural interfaith yumminess, leaders of other faiths may feel free to apply this message to themselves and send me hate mail as well. Except for the Muslims. This ain’t for ya’ll. We don’t want to tick you off, y’know … because of the whole “kaboom” thing.

Before I give you the master list of reasons why some ministers are limp biscuits, let me go on record as saying that a silent pastor in today’s paranormal climate is about as worthless as a pitch pipe is to Yoko Ono. Look, I don’t care how much the minister likes kitty cats, candy canes, or if he weeps at Celine Dion concerts. If he’s not a part of this crucial societal throw down—pointing out what’s putrid and cheering on what’s proper—then he’s Judas Iscariot in my estimation.

Now, given the upcoming 11/2 elections and that the culture-dividing issues are more obvious than Joan Rivers’ last lip implants, it is mind-boggling to me that many ministers are mute or side with parties, policies and principles that are antithetical to the Christian worldview.

So, why does a large segment of the clergy run from these mondo issues and duties? Herewith are my 10 reasons why pastors punt on political issues and thus aid and abet evil:

1. Fear of man: If you purport to be a man of God then your regard for God and His opinion must trump the trepidation of the creature God created from spit and mud. Pastor, don’t fear us; we’re weird and fickle weathervanes of what’s en vogue. You’ve got to lead us. Therefore, go to the mountain . . . get a fresh dose of holy terror and move into Moses mode and command us to be and do what is holy, just and good. The Howdy Doody approach doesn’t seem to be stemming the current flood of cultural phlegm.

2. Ignorance: Most people are not bold in areas in which they are ignorant . . . always excepting Keith Olbermann, of course. I know keeping up with the major pressing political and cultural issues is maddening for the Nancy Christian, but that’s life, brother, and if you want to be a voice in society and not just an echo, you have got to be in the know.

3. Division: I hate division. Hate it. Not all division but the current non-essential divisions in the church. Squabbling over the color of the carpet, who’ll play lead guitar next Sunday, who’ll fill Eddie Long’s spot at T. D.’s conference, or who the Whore of Babylon is (which I believe after this year’s VMAs it’s a toss-up between Lady Gaga and Chelsea Handler) is stupidity squared.

4. Last Days madness: Many ministers do not get involved in political issues because they believe that it just doesn’t matter because “the end has come” and Jehovah is about to run the credits on this failed earth flick. These defeatists believe that any war, the gulf oil spill, earthquakes, a warming globe, the success of a corrupt politician, and Jessica Simpson’s cleavage are “proof” that God is getting really ticked off and that His only recourse is to have Christ physically return like some celestial Ted Nugent and kick some major butt. Thus, any stab at a better tomorrow is simply an exercise in futility for the end of the world crew.

5. Sloth: Classically defined, sloth is lethargy stemming from a sense of hopelessness. Viewing our nation as an irreparable disaster in which our exhortations, prayers, votes and labors will not produce any temporal fruit leaves one with all the zeal of a dude who’s forced to kiss his sister (Angelina Jolie’s brother excluded, naturally). If you’re wondering why your flock is so apathetic, Señor Eeyore, ask yourself if you have stolen the earthly hope that their valiant efforts can actually prevail in time and not just in eternity.

6. They don’t want to lose their tax-exempt status: Many pastors have been cowed into inactivity by the threatened loss of their tax-exempt status if they say anything remotely political. This fear can make pastors who don’t—or won’t—get good legal advice about as politically active as Howard Hughes was during the flu season. The church may, among other things, register their members to vote, pass out voter guides, invite all candidates in a race to speak (even if only one of them shows up) and speak directly about specific issues. And by the way, in his personal capacity off the clock, the pastor can endorse and support (or oppose) whomever or whatever he wishes, just like any other citizen. Duh.

7. They bathe in paltry pietism: Pastors avoid politics and cultural issues because such concerns are “unspiritual”—and their focus is on the “spirit world.” Yes, to such imbalanced ministers, political affairs are seen as “temporal and carnal,” and because they trade in the “eternal and spiritual,” such “worldly” issues get all the attention of Larry the Cable Guy’s 8-Minute Abs DVD. I’m sure Saul Alinsky and his idol, Lucifer, are so proud. Thank God Calvin, Bonheoffer, Wilberforce and Booth didn’t believe that bunkum.

8. They have bought into the radical Muslim comparison: Pastors have muffled their political/cultural voices because they fear being lumped in with Islam by the politically correct thought police. The correlation made between Christians’ non-violent attempts at policy persuasion and al-Qaeda’s “silence! I kill you!” campaigns is nothing more than uncut, specious doo. Christian, please blow off the tongue-wagging blowhards who try to intimidate you into silence by making the ludicrous analogous leaps in equating the implementation of a gracious, biblical worldview with Sharia Law. Rock the Casbah.

9. They can’t say “no” to minutiae: Some ministers can’t get involved in studying or speaking out regarding pressing issues simply because of the ten tons of junk they are forced to field within their congregations. Many ministers are lucky if they get to study the Bible nowadays—much less anything else—because they’re spending time wet nursing a 30-year-old guy who can’t face life because he didn’t qualify on American Idol or consoling the 40-year-old lady who’s heartbroken that the recession has wiped out her funds for the weekly waxing of her undercarriage.

10. They likey the money: The creepy thing about a lot of ministers is their unwillingness to give political or cultural offense when offense is needed purely due to the fact that taking a biblical stand on an issue might cost them their mega-church (which means their Aspen summer home, their Bentley and their Gulfstream V). Oh well, what do you expect? Christ had His Judas, and Christendom has its money loving harlots.

If the ministers within the good old US of A would crucify the aforementioned then maybe . . . just maybe . . . we’d see their righteous influence cause our nation to take the needed sharp turn away from the progressives’ speedily approaching putrid pit. God help us.

SOURCE

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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It is Congress that is exporting American jobs

Here’s a “shocker”: U.S. companies that operate overseas are keeping profits there and investing rather than repatriating the profits — because of punitive taxation. According to Frank Aquila at Bloomberg News, there may be as much as $1 trillion of U.S. profits overseas that are simply not being repatriated.

Why? Because it would mean a stiff tax on those businesses.

Recently, Congress severely limited the use of the Section 956 foreign income tax credit by U.S. companies that operate overseas as a part of a bill that included a $26.1 billion bailout to bankrupt states like New York and California. As a result, the U.S. is now simply missing out on foreign-generated capital flows back into the economy. This is a trend that will only grow worse unless the imbalance is restored.

U.S. companies are being incentivized to create jobs and expand operations overseas by our own punitive tax structure. This makes no sense. Through an anti-competitive tax environment, high labor costs, and inflated property values, the U.S. is driving investment and jobs into the arms of foreigners.

Aquila calls for a holiday on this tax, but why not eliminate it all together? Overseas companies are already taxed in the nations they do business in. The difference is that they are taxed at much lower rates than the U.S. where the corporate tax is 35 percent. Under the new law, companies cannot claim a tax credit for those overseas profits. So, they’re just not repatriating the profits.

This tax is literally killing capital flows back into the economy. If there’s really as much as $1 trillion in U.S. profits not being reinvested here, we’re committing economic suicide. If the tax were eliminated, the repatriated profits would more than make up for the trade deficit to China, which was $227 billion in 2009.

It is capital that could be used to create jobs here and increase the nation’s productive capacity. Foreign companies like Toyota have more of an incentive to build a factory in America than some U.S. companies do. Because Toyota is not taxed when it wants to invest in America. But an American company is — if its profits are coming from overseas.

What’s the sense of the nation exporting anything or expanding overseas if the profits are not reinvested here? China repatriates its earnings. Taxing foreign income is the equivalent of a business encouraging investors to put their money into competitors across the street.

So, while Congress and Treasury Secretary Timothy Geithner are busy obsessing over the Chinese yuan’s fixed exchange rate, perhaps they should instead turn their attention to the globally uncompetitive situation the U.S. economy is in.

The House recently passed legislation that would make “undervalued” currencies be considered by the Department of Commerce as a subsidy under World Trade Organization (WTO) rules. This will enable higher countervailing duties to be imposed on Chinese goods, making them more expensive for U.S. consumers to buy.

Of course, in principle there would be nothing to stop the Chinese’s own version of the Department of Commerce from defining the depreciating dollar as a subsidy under WTO rules, increasing the cost of U.S. goods overseas. Put another way, the U.S. can devalue its currency all it wants to boost exports — other nations are following suit, and the only impacts will not be on restoring the trade deficit or creating new jobs here, but on increasing inflation and the cost of living for average Americans.

Conversely, the U.S. could tell successful companies that operate abroad to repatriate their earnings here tax-free. And keep it that way. The only way to restore global imbalances is to create an attractive environment to move capital back into America and to produce things here.

The other part of that necessarily is to rein in regulatory burdens, high labor costs, land use restrictions, and environmental regulations that make it cost-prohibitive to invest here. If these constraints are not removed from the economy, the flight of capital overseas will continue. The U.S. needs to lower the cost of doing business here.

Congress limited the foreign income tax credit under the bogus justification that it would make U.S. multinational corporations pay their “fair share” of taxes. Instead, that money is staying overseas, creating jobs and investment there — as was predicted by critics. This is economic suicide. U.S. companies that operate overseas account for nearly half of all American exports, and employ 22 million Americans. Why is Congress encouraging them to shift more operations overseas?

Critical investment capital is being diverted abroad that could instead be devoted here at a time when the weak recovery is slowing down and unemployment remains high. The tax should be completely eliminated, and companies incentivized to use foreign profits to enhance the nation’s productive capacity: to build new factories here in the U.S., invest in research and development here, and create jobs here.

SOURCE

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Democrats hurting business, economy

Democrats talk a good game about small business, but actions speak louder than words. Obama and the Democrats are pushing a tax increase that would hit 50 percent of small enterprise income and their massive health-care law saddles business with a flood of tax-filing paperwork for expenditures as low as $601.

Such government meddling in the economy and the threat of more have injected so much uncertainty into economic planning that businesses small and large are hesitant to invest until they get a clearer picture of the tax and regulatory environment. Democratic policies haven't reduced unemployment. Their stimulus did more to protect government jobs than lay the foundation for robust private-sector job creation.

It's no wonder that an alarmed business community is pushing back this election cycle, funneling campaign contributions to candidates and independent groups rallying around a pro-growth and jobs-creation agenda.

The White House response has been again to demonize its opponents. Obama accused the U.S. Chamber of Commerce of using foreign money to fund campaign activities -- a criminal act. The basis for this accusation? An unsubstantiated allegation on a left-wing blog. Recall how Democrats lambasted Republicans for taking their lead from Rush Limbaugh? Well, here's the president of the United States passing along an outrageous, unfounded bit of Internet character assassination.

An independent watchdog group, FactCheck.org, said there was "no evidence" backing this charge, as did several major media outlets not known for Republican leanings, such as the New York Times.

When challenged about the weakness of the accusation on the CBS program "Face the Nation," presidential adviser David Axelrod said, "Well, do you have any evidence it's not true?" In other words, the chamber is guilty of a crime until proved innocent. Thank you for your lesson on American civics, Mr. Axelrod. As the FactCheck organization notes, others such as the extreme left-wing group MoveOn.org have followed Axelrod's unscrupulous tactic.

The fact is that liberal and conservative, Democratic and Republican groups take money under rules that don't require them to reveal donors. Some, like the chamber and the big unions, do collect contributions from foreign sources but don't use them for U.S. electioneering.

The Democrats are raising this red herring in a desperate attempt to distract the voters from their failed economic policies, the 9.6 percent unemployment rate, slowing GDP growth and the vastly unpopular ObamaCare.

SOURCE

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Liberals dislike constitutional government

Congressman Jim McGovern (D-Mass.) was being pressed in a live TV debate, so he may be excused for blurting out the truth. Here’s a portion of what very liberal Mr. McGovern said:
"We have a lousy Supreme Court decision [in the Citizens United case] that has opened the floodgates, and so we have to deal within the realm of constitutionality. And a lot of the campaign finance bills that we have passed have been declared unconstitutional by the Supreme Court. I think the Constitution is wrong. I don’t think that money is the same thing as human beings."

What a stunning statement! There are several things to consider in this argument. For us as constitutional conservatives, it’s entirely acceptable to disagree with the U.S. Supreme Court. I say every day that Roe v. Wade was a terrible decision and should be corrected. The Kelo ruling set a dangerous precedent.

Congressman McGovern doesn’t take issue with the Supreme Court, however, he says the Constitution itself is wrong. Did Mr. McGovern take an oath to support the U.S. Constitution? Does he consider himself bound by his oath?

Sure, you can responsibly disagree with portions of the Constitution. Ronald Reagan, for example, disagreed with the two-term limit for President. He thought the Twenty-second Amendment had been a mistake. But Reagan dutifully left office after two terms. Reagan would have supported an amendment to repeal the Twenty-second Amendment, but as long as it was in the Constitution, he felt bound to respect it.

In Congressman McGovern’s case, however, we see why liberals believe in a “living Constitution.” The living Constitution idea was characterized by Justice Scalia as a Magic Slate. You can write on it, get the interpretation you want, then lift up the plastic screen, and re-write your constitution, according to the passions of the moment.

I think Mr. McGovern is wrong in his analysis of the Citizens United ruling. The Supreme Court did not say that money was more important, or even the same thing, as human beings. It said nothing like that. What the Court did say is that you don’t lose your First Amendment rights because you express your ideas through a corporation, a union, or a non-profit organization.

In striking down major portions of the McCain-Feingold Act, the Supreme Court ruled that government cannot stop pro-life groups, for example, from highlighting the records of politicians like Jim McGovern before an election. By preventing pro-life citizens from drawing voters’ attention to how their elected representatives actually vote, this unwise and unconstitutional measure denied citizens their rights to communicate about political matters. That’s one of the main reasons for the First Amendment’s protection of free speech.

Now that he mentions it, does Jim McGovern really think “money is [not] the same as human beings?” If so, maybe he’ll join Congressman Mike Pence’s (R-Ind.) drive to de-fund Planned Parenthood. That outfit gets billions in taxpayer funds and it kills 350,000 unborn children—undeniably human beings—every year.

It would be great to welcome Jim McGovern to the ranks of those of us who believe human lives are more important than money. I’m not cynical, but I must admit I have doubts that Mr. McGovern, should he win re-election next month, will put his fine words into practice when it comes to unborn children.

Now, we can see why “constitutional conservatism” is important. Without a firm reliance on the Constitution as our anchor, the entire ship of state is adrift. Under the current administration and the current Congress, our ship of state is headed for the rocks.

SOURCE

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Obama’s Radical Past

And his connection to socialism isn’t all ancient history, either

On the afternoon of April 1, 1983, Barack Obama, then a senior at Columbia University, made his way into the Great Hall of Manhattan’s Cooper Union to attend a “Socialist Scholars Conference.” There Obama discovered his vocation as a community organizer, as well as a political program to guide him throughout his life.

The conference itself was not a secret, but it held a secret, for it was there that a demoralized and frustrated socialist movement largely set aside strategies of nationalization and turned increasingly to local organizing as a way around the Reagan presidency — and its own spotty reputation. In the early 1980s, America’s socialists discovered what Saul Alinsky had always known: “Community organizing” is a euphemism behind which advocates of a radical vision of America could advance their cause without the bothersome label “socialist” drawing adverse attention to their efforts.

A loose accusation of his being a socialist has trailed Obama for years, but without real evidence that he saw himself as part of this radical tradition. But the evidence exists, if not in plain sight then in the archives — for example, the archived files of the Democratic Socialists of America (DSA), which include Obama’s name on a conference registration list. That, along with some misleading admissions in the president’s memoir, Dreams from My Father, makes it clear that Obama attended the 1983 and 1984 Socialist Scholars conferences, and quite possibly the 1985 conclave as well. A detailed account of these conferences (along with many other events from Obama’s radical past) and the evidence for Obama’s attendance at them can be found in my new book, Radical-in-Chief: Barack Obama and the Untold Story of American Socialism.

The 1983 Cooper Union Conference, billed as a tribute to Marx, was precisely when Obama discovered his vocation for community organizing. Obama’s account of his turn to community organizing doesn’t add up. He portrays it as a mere impulse based on little actual knowledge. But that impulse saw Obama through two years of failed job searches. Clearly he had a deeper motivation. The evidence suggests he found it at the Socialist Scholars conferences, where he encountered the entrancing double idea that America could be transformed by a kind of undercover socialism, and that African Americans would be the key figures in advancing community organizing.

The 1983 conference took place in the shadow of Harold Washington’s first race for mayor of Chicago. Washington was not only Obama’s political idol, he was the darling of America’s socialists in the mid-1980s. Washington assembled a “rainbow” coalition of blacks, Hispanics, and left-leaning whites to overturn the power of Chicago’s centrist Democratic machine. Washington worked eagerly and openly with Chicago’s small but influential contingent of socialists, many of whom brought the community organizations and labor unions they led onto the Washington bandwagon.

America’s socialists saw the Harold Washington campaign as a model for their ultimate goal of pushing the Democrats to the left by polarizing the country along class lines. This socialist “realignment” strategy envisioned driving business interests out of a newly radicalized Democratic party. The loss was to be more than made up for through a newly energized coalition of poor and minority voters, led by minority politicians on the model of Harold Washington. The new coalitions would draw on the open or quiet direction of socialist community organizers, from whose ranks new Harold Washingtons would emerge. Groups like ACORN and Project Vote would swell the Democrats with poor and minority voters and, with the country divided by class, socialism would emerge as the natural ideology of the have-nots.

Figures pushing this broader strategy at the 1983 Socialist Scholars Conference included ACORN adviser Frances Fox Piven and organizing theorist Peter Dreier, now a professor at Occidental College and an adviser to Obama’s 2008 presidential campaign. That is to say, Obama’s connection to socialist ideologues didn’t end with his recruitment into the ranks of community organizers. It began there and blossomed into a quarter century of intricate relationships with both on-the-record and in-all-but-name socialists.

More HERE

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Saturday, October 16, 2010

Lagging U.S. life expectancy ranking blamed on health system

Blaming the U.S. health system is pure unsubstantiated speculation and they offer no evidence for it. It's just their theory. But what would we expect of a study that was paid for by the Commonwealth Fund? The Fund is led by Karen Davis, a nationally recognized progressive economist.

The fact that other nations have improved more quickly than the USA could simply mean that the US average is held back by the unhealthy lifestyles and resultant low life-expectancies of America's large black minority -- but such a possibility would be unthinkable to a "progressive" of course. The speculation concerned below -- JR


The United States is falling sharply behind in worldwide rankings of life expectancy, and shortcomings in the U.S. health care system may be to blame, scientists say.

Researchers studying the issue concluded that obesity, smoking, traffic accidents and homicide can't account for the drop" -- leading us to believe that failings in the U.S. health care system, such as costly specialized and fragmented care, are likely playing a large role," said Peter Muennig of Columbia University, lead author of the study.

In the research, which appears in the Oct. 7 online issue of the journal Health Affairs, Muennig and coauthor Sherry Glied of Columbia cite the growing lack of health insurance among Americans as a possible culprit.

The study looked at health spending, behavioral risk factors like obesity and smoking, and survival rates for men and women ages 45 and 65 in the U.S. and 12 other industrialized nations.

While the U.S. has achieved gains in 15-year survival rates decade by decade from 1975 to 2005, the researchers found that other countries enjoyed even greater gains. So the U.S. slipped in the ranking, even as per capita health care spending rose at more than twice the rate of the other countries.

Around 1950, the United States ranked 5th for life expectancy at birth for women and 10th for men among developed countries, according to research cited by Muennig and Glied. The most recent figures, from the CIA World Factbook, rank the United States 22nd among those same countries.

Muennig and Glied found similar trends in the 13 countries that they studied, though they only examined 15-year survival rates for people at age 45 and 65.

When they compared risk factors, they found very little difference in smoking habits between the U.S. and the comparison countries; in fact, U.S. smoking rates declined more quickly than most other countries.

And while people are more likely to be obese in the U.S. than elsewhere, this was also the case in 1975, when the U.S. was less far behind in life expectancy, the investigators noted. Moreover, they said, the percentage of obese people actually grew faster in most of the other countries between 1975 and 2005.

Homicide and traffic deaths, meanwhile, have accounted for a stable share of U.S. deaths over time, and can't explain the drop in life-expectancy ranking, the scientists said.

The most likely remaining explanation is flaws in the health care system, said Muennig and Glied, pointing to the role of unregulated fee=for-service payments and high reliance on specialty care amid skyrocketing costs.

"It was shocking to see the U.S. falling behind other countries even as costs soared ahead of them," said Muennig. "But what really surprised us was that all of the usual suspects -- smoking, obesity, traffic accidents, and homicidesare not the culprits."

SOURCE

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NYT defence of Woody Wilson and the early 20th century "Progressives" gets a robust reply

An online discussion entitled “Hating Woodrow Wilson” hosted by The New York Times is being used by the Left as a way to attack and sully Fox News personality Glenn Beck who has been sharply critical of the former president and the progressive era in general. But it does offer a number of engaging nuggets that are worth reviewing.

Some of the liberal commentators make the point that Beck and company are too fixated on Wilson and do not take into proper account the progressive contributions of Teddy Roosevelt and others. The discussion does open some worthwhile historical considerations that serious thinkers on both sides of the political spectrum should peruse.

Michael Lind with the New America Foundation throws down the gauntlet with this dig at conservatives:
“Each faction on the right has had its own view of the past, with its own canon of heroes and its own list of villains. While many conservatives claim to be ‘constitutionalists,’ some states’ rights theorists argue that not only the Civil War but also the Founders’ Constitution of 1787 led to a tyrannical consolidation of power in the federal government. For decades highbrow cultural conservatives have accused the 18th century French philosopher Jean-Jacques Rousseau of wrecking Western civilization with his cult of the primitive.

For most conservatives, however, the fall of America from the paradise of small government to the hell of statism came with the New Deal and the Great Society. Franklin Roosevelt and Lyndon Johnson, one would think, would be more natural targets of the right than Woodrow Wilson. Perhaps someone should tell Glenn Beck.”

One of the most insightful, probing contributions in the exchange comes from George H. Nash, a historian and biographer, who explains how contemporary Tea Party activism directed against President Obama’s policies also connects with renewed antipathy toward Wilsonian progressives. He writes:
“In place of a regime of carefully limited government, the Progressives initiated one of potentially unlimited government guided by bureaucrats and experts increasingly insulated from popular consent. In place of the traditional understanding of our rights as natural and unalienable, the Progressives claimed that our rights were derived from government — the state — and could be created or abridged as the custodians of the state deemed expedient, in the light of modern conditions and the perceived imperatives of progress.

“Why is this view of Woodrow Wilson now agitating the American Right? The answer is simple: conservatives see in the Obama administration another great leap in the working out of an unconstrained, Wilsonian vision of government-from-above. And like Americans in 1776, conservatives are responding with the cry: Don’t tread on me!

“As the Tea Party movement attests, conservative Americans resent the royalization of American politics that has afflicted much of American liberalism for decades. They do not want to be ruled or ‘nudged’ by a government of their “betters.”

“Like America’s Founders, conservatives in 2010 prefer a government of and by, and not just for, the people.”

This is the kind of unfiltered, robust exchange that The Times should pursue.

SOURCE. No mention from the Left of Wilson's racism or TR's war-mongering, of course. For more history of the Fascistc "Progressives", see here -- JR

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Capitalism Saved the Chilean Miners

The profit = innovation dynamic was everywhere at the mine rescue site

It needs to be said. The rescue of the Chilean miners is a smashing victory for free-market capitalism. Amid the boundless human joy of the miners' liberation, it may seem churlish to make such a claim. It is churlish. These are churlish times, and the stakes are high.

In the United States, with 9.6% unemployment, a notably angry electorate will go to the polls shortly and dump one political party in favor of the other, on which no love is lost. The president of the U.S. is campaigning across the country making this statement at nearly every stop:
"The basic idea is that if we put our blind faith in the market and we let corporations do whatever they want and we leave everybody else to fend for themselves, then America somehow automatically is going to grow and prosper."

Uh, yeah. That's a caricature of the basic idea, but basically that's right. Ask the miners.

If those miners had been trapped a half-mile down like this 25 years ago anywhere on earth, they would be dead. What happened over the past 25 years that meant the difference between life and death for those men?

Short answer: the Center Rock drill bit. This is the miracle bit that drilled down to the trapped miners. Center Rock Inc. is a private company in Berlin, Pa. It has 74 employees. The drill's rig came from Schramm Inc. in West Chester, Pa. Seeing the disaster, Center Rock's president, Brandon Fisher, called the Chileans to offer his drill. Chile accepted. The miners are alive.

Longer answer: The Center Rock drill, heretofore not featured on websites like Engadget or Gizmodo, is in fact a piece of tough technology developed by a small company in it for the money, for profit. That's why they innovated down-the-hole hammer drilling. If they make money, they can do more innovation.

This profit = innovation dynamic was everywhere at that Chilean mine. The high-strength cable winding around the big wheel atop that simple rig is from Germany. Japan supplied the super-flexible, fiber-optic communications cable that linked the miners to the world above.

A remarkable Sept. 30 story about all this by the Journal's Matt Moffett was a compendium of astonishing things that showed up in the Atacama Desert from the distant corners of capitalism.

Samsung of South Korea supplied a cellphone that has its own projector. Jeffrey Gabbay, the founder of Cupron Inc. in Richmond, Va., supplied socks made with copper fiber that consumed foot bacteria, and minimized odor and infection. Chile's health minister, Jaime Manalich, said, "I never realized that kind of thing actually existed."

That's right. In an open economy, you will never know what is out there on the leading developmental edge of this or that industry. But the reality behind the miracles is the same: Someone innovates something useful, makes money from it, and re-innovates, or someone else trumps their innovation. Most of the time, no one notices. All it does is create jobs, wealth and well-being. But without this system running in the background, without the year-over-year progress embedded in these capitalist innovations, those trapped miners would be dead.

Some will recoil at these triumphalist claims for free-market capitalism. Why make them now? Here's why. When a catastrophe like this occurs—others that come to mind are the BP well blowout, Hurricane Katrina, various disasters in China—a government has all its chips pushed to the center of the table. Chile succeeds (it rebuilt after the February earthquake with phenomenal speed). China flounders. Two American administrations left the public agog as they stumbled through the mess.

Still, what the political class understands is that all such disasters wash away eventually, and that life in a developed nation reverts to a tolerable norm. If the Obama administration refuses to complete free-trade agreements with Colombia, South Korea and Panama, no big deal. It's only politics.

But that's not true. Getting a nation's economics right is more important than at any time since the end of World War II. Chile, Colombia, Peru and Brazil are pulling away from the rest of their hapless South American neighbors. China, India and others are simply copying or buying the West's accomplishments.

The U.S. has a government led by a mindset obsessed with 250K-a-year "millionaires" and given to mocking "our blind faith in the market." In a fast-moving world filled with nations intent on catching up with or passing us, this policy path is a waste of time.

The miners' rescue is a thrilling moment for Chile, an imprimatur on its rising status. But I'm thinking of that 74-person outfit in Berlin, Pa., whose high-tech drill bit opened the earth to free them. You know there are tens of thousands of stories like this in the U.S., as big as Google and small as Center Rock. I'm glad one of them helped save the Chileans. What's needed now is a new American economic model that lets our innovators rescue the rest of us.

SOURCE

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ELSEWHERE

FL: Judge rules ObamaCare challenge can continue: "In a blow to the Obama administration, a federal judge in Florida today issued a ruling allowing parts of a lawsuit by 20 states challenging the recently passed health care legislation to proceed. The two parts of the law that will proceed to trial are expansion of Medicaid and the individual mandate that requires qualifying individuals to obtain health insurance by 2014.”

All strung out on Koch: "So what’s all this scandal-mongering about libertarian billionaire business owners David and Charles Koch supporting libertarian causes? Republican billionaire business owners support Republican causes. Is that a scandal? Democrat billionaire business owners support Democrat causes. Is that a scandal? Yet because the Kochs advocate freedom (libertarianism) they’re reviled by the likes of CommonDreams, calling them ‘The Money Behind the Hate: The Kochtopus’ alongside the ‘Wanted for Climate Crimes’ poster on their website.”

“Nobody gets their kids back”: "The ‘Petition for Abuse/Neglect’ filed on behalf of Cheyenne Irish by New Hampshire’s Division of Children, Youth, and Families (DCYF) alleges that the baby, who was born on October 6, was ‘neglected’ by her mother on that very day in the hospital where the infant was born. What this means is that Stephanie Taylor’s act of ‘neglect’ was to give birth to her child, and that the only way she could have avoided that charge was to have Cheyenne killed in utero. Because Stephanie had neglected this supposed duty, the DCYF kidnapped Cheyenne a little more than 16 hours following her birth.”

Invisible victims: "Laws, policies and regulations based on over-caution and political correctness can kill. We need to make invisible victims, visible. … The U.S. Food and Drug Administration is charged with ensuring that drugs are safe and effective. Drugs must meet FDA approval before they can be marketed. FDA officials can make two kinds of errors. They can approve a drug that has unanticipated, dangerous side effects that might cause illness and death. … FDA officials have a bias toward erring on the side of over-caution. If FDA officials err on the side of under-caution, approving an unsafe drug, they are attacked by the media, patient groups and investigated by Congress. Their victims, sick and dead people, are highly visible. If FDA officials err on the side of over caution, keeping a safe and effective drug off the market, who’s to know? The victims are invisible.”

Mass pessimism in Obama's America: "Americans say they have weathered the worst of the longest recession in seven decades, even as they are pessimistic about prospects for their retirement years, according to a Bloomberg National Poll. "I see some hope, but not a lot," says poll respondent Brian Ridlon, 34, an out-of-work resident of Green Mountain, Arkansas, who wants to learn how to become a barber. "There are some avenues to improve yourself, but we need more." What optimism there is about the immediate future doesn't carry over to the longer term. Pluralities of those polled say they're not hopeful they will have enough money in retirement and expect they will have to keep working to make up the difference. More than 50 percent aren't confident or are just somewhat confident their children will have better lives than they have...

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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Thursday, October 14, 2010

The Wrong Way To Think About Inequality

In the last month, a new paper from Michael Norton and Dan Ariely has drawn some attention to the issue of wealth inequality in America. The paper, called "Building a Better America -- One Wealth Quintile at a Time," finds that Americans underestimate the inequality of America's wealth distribution and express a preference for a more equal distribution. Indeed, while the top quintile of Americans hold about 84% of national balance sheet wealth, survey respondents believe the figure is just 59% and would prefer a figure of 32%. The authors use the paper to argue for more redistributive policies -- or rather, for the insertion of these public preferences into policy debates.

The paper has been widely discussed in the blogosphere (for example by Matt Yglesias on the left and Reihan Salam on the right.) I am unimpressed with the paper for a few reasons, and generally think we should be cautious about the idea that America needs sharply more wealth redistribution (especially to the radical degree that would be implied in the paper.) I do think that there are valid reasons to be concerned about distribution of resources, or to favor more egalitarian policies, but that they are not implied by this paper.

I have three key objections to the paper. First, in asking respondents to develop ideal wealth distributions, the authors told survey respondents to imagine they would be "randomly assigned" to one of the wealth quintiles -- implying that effort plays no role whatsoever in wealth accumulation. Second, there is little reason to believe that the public is good at evaluating ideal distributions of wealth -- as demonstrated by the impossibility of the preferred wealth distribution found in the paper. Third, the paper focuses on wealth distribution, when income distribution is a better metric for inequality.

The first objection undermines the authors' finding that Americans would prefer a highly equal distribution of wealth, where the top quintile's wealth holdings (32%) would outstrip the bottom quintile's (11%) by less than three-to-one. (In fact, the bottom two quintiles in America hold approximately zero net wealth.) In forming this ideal distribution, respondents were told they would be "randomly assigned to a place in the distribution... from the very richest to the very poorest."

Essentially, they were being told to discount the possibility that they would work to improve their lot in the distribution, if they so chose. They also were not advised that the economic policies required to achieve such an equal wealth distribution would shrink the economy overall. This question framing may have helped point respondents to endorse a wealth distribution that could not be produced by a set of policies observed in any country with a high degree of human development.

This leads to by second objection. I noted that respondents expressed a preference for a wealth distribution with 11% of wealth in the hands of the bottom quintile. In a section of the paper called "Americans Prefer Sweden," the authors note that over 90% of respondents prefer a wealth distribution modeled on Sweden's, including 11% of wealth for the bottom 20% of people, to that of the United States.

Except that Sweden's bottom quintile doesn't actually hold anywhere close to 11% of that country's wealth. If you notice footnote 2 of the paper, you'll see this comment: "We used Sweden's income rather than wealth distribution because it provided a clearer contrast to the equal and United States wealth distributions; while more equal than the United States' wealth distribution, Sweden's wealth distribution is still extremely top heavy."

That is, the authors took a completely different measure of inequality and presented it as a chart of wealth distribution by quintile -- the chart does not represent a wealth distribution actually observed in a country. In fact, it is unlikely that any advanced country has a wealth distribution with anywhere close to 11% of wealth held by the bottom quintile.

There is a reason that the bottom two quintiles of households have essentially no net worth, in countries all around the world: people with low incomes tend to consume their incomes rather than saving them. They do this partly because saving is a luxury relative to their consumption options, and partly because they expect higher incomes in later years and are smoothing consumption over their lifetimes. This is true even in countries with significantly lower income inequality than the United States, such as Germany.

Unlike income distributions, the World Bank doesn't produce international comparisons of wealth allocation. But the paper that Norton and Ariely cite for wealth distribution statistics has figures for a number of countries. Of the figures it contains, the highest wealth share for a bottom quintile in an advanced country is 2.1 percent, in Japan -- a far cry from 11 percent. (China's bottom quintile holds 2.8 percent of that country's wealth.)

Other advanced countries closely track the minus 0.1 percent figure in the United States, which means that bottom-quintile households have slightly more debt than assets: minus 0.2 percent in Germany, 0 percent in Australia. (There is something screwy with the figures for Denmark and Sweden, which show the least-wealthy household quintiles having sharply negative net wealth; that seems unlikely, and the source data are in a language I don't speak.)

A drop in income inequality would largely serve to increase consumption by poor households (a perfectly reasonable policy goal), not to increase their wealth. No plausible set of tax-and-transfer policies could produce the wealth distribution advocated in this paper. The only way you could get the bottom quintile's wealth share into double digits would be to force these households to save large shares of their income that they would prefer to consume.

For example, if we achieved Sweden's income distribution (the most equal among the world's advanced countries) we would also need to have equal saving rates in each quintile in order for the bottom quintile to hold 11 percent of wealth. This would not be desirable: low-income households get more utility from saving less and consuming more.

So, what should we make of the fact that 92 percent of study participants thought a wealth distribution with 11 percent in the hands of the bottom quintile looked better than the actual wealth distribution in the United States? I'd say the key takeaway is that members of the public are not good at looking at pie charts of wealth distribution and deciding which represents a good society. It's a bit like asking people what's the best mix of materials to use when making a jumbo jet -- how on earth should they know?

Finally, I think this study would have been a lot more interesting if it had asked about income distributions rather than wealth distributions. Net worth misses a lot of important but off-balance sheet assets and liabilities that we hold. One is human capital -- a recent graduate of medical school is likely to have a negative net worth but is not "poor" by any reasonable definition. Another important asset is the expectation of receiving future government benefits, including Social Security and Medicare. If these factors are included, America's wealth distribution becomes significantly less skewed.

And except for very rich people, the income statement is a far better predictor of living standard than the balance sheet. Think about a middle-class family of four with annual expenses of about $60,000 after taxes. In determining whether the family could meet those costs, would you first ask about family assets or family income? Over the next year, most people will rely much more on human capital than on balance sheet wealth to support themselves, which makes balance sheet measures a weak indicator of need.

There is an important discussion to be had about income inequality and the desirable level of progressivity in government policies. But this paper, which points toward an outcome that could only be achieved with extremely undesirable policies, does little to inform that debate.

SOURCE

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ObamaCare blowback

By Jeff Jacoby

"WE HAVE to pass the bill so that you can find out what is in it", House Speaker Nancy Pelosi said last spring about her party’s 2,000-page health care overhaul. What she didn’t realize was that the more Americans find out about ObamaCare, the more they turn against it. Virtually from the day it was signed, a majority of Americans have favored repealing the massive law.

According to two polls released this past week — one a national survey by Rasmussen, the other a poll of key congressional districts for The Hill — they still do. So naturally congressional incumbents are touting their opposition to the health care law.

Representative Jason Altmire of Pennsylvania has a TV spot in which a woman says approvingly: “You saw him when he voted against health care.’’ Virginia congressman Glenn Nye plays up the way he “took on Congress . . . voting against the health care bill because it cost too much.’’ South Dakota’s Stephanie Herseth Sandlin makes the same point in a humorous commercial starring her 22-month-old toddler, Zachary. Ads with similar messages have been aired by US Representatives Frank Kratovil of Maryland, Walt Minnick of Idaho, and Bobby Bright of Alabama. Plenty of Republicans are playing up their vote against the unpopular law — but these are all Democrats who voted no.

It wasn’t supposed to be like this. “When people better understand the Affordable Care Act, they’ll understand, I think, that this isn’t something being done to them but is something that’s really going to be valuable to them,’’ President Obama insisted last month. “The debate in Washington is over.’’

The debate is anything but over. As health insurers are forced to raise premiums in order to cover the cost of the new benefits required under ObamaCare, Americans are finding out just how “affordable’’ the Affordable Care Act really is. In recent weeks, Aetna, Regence Blue Cross Blue Shield, and other carriers have announced rate increases, attributing at least part of the higher charges to the richer benefits mandated by the new law — such as the elimination of lifetime coverage limits, “free’’ immunization for children, and the elimination of co-pays for mammograms and other preventive care. Presidents can promise to bend the cost curve, but the laws of supply and demand do not bow to presidential promises: More health care coverage costs more money — money that sooner or later comes out of consumers’ pockets.

Insurers are not responding to the new law and its expensive new mandates solely by raising premiums. Some are dropping out of insurance markets altogether.

Late last month, Harvard Pilgrim Health Care announced that it will stop providing Medicare Advantage insurance policies at the end of the year, forcing 22,000 senior citizens in New England to find some other way to pay for health benefits those policies covered. Harvard Pilgrim’s hand was forced, a company spokesman said, by the “cuts in Medicare . . . being used to fund national health care reform.’’

Another insurer pulling the plug is the Principal Financial Group, an Iowa-based company that currently insures 840,000 customers. “The company’s decision reflected its assessment of its ability to compete in the environment created by the new law,’’ reported the New York Times. “More insurers are likely to follow Principal’s lead.’’

Principal is a relatively small insurer, but even insurance giants are walking away from some segments of the business. UnitedHealth, Wellpoint, and Humana will no longer write individual child-only insurance policies, thanks to the new law’s requirement that such plans must also cover children who are seriously ill. Insurance companies are not charitable foundations; they cannot stay in business by insuring the health of people who are at a 100 percent risk of getting sick. As The Washington Post explained, “the pool of children insured by child-only plans would rapidly skew toward those with expensive medical bills, either bankrupting the plans or forcing insurers to make up their losses by substantially increasing premiums for all customers.’’

Meanwhile, 30 major corporations are still able to offer low-cost health insurance to their employees only because they have received one-year waivers of the new rules from the Department of Health and Human Services. What happens when those waivers expire is anybody’s guess. But this much is clear: If the law with its expensive mandates remains on the books, millions of Americans are going to lose the health care plans they have now — plans the president repeatedly promised they could keep. Which is why just about the only Democrats campaigning on ObamaCare today are the ones who voted against it.

SOURCE

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There's a Reason Why They Call Him "Dick"

Ann Coulter

If the Bush administration ever treated terrorism suspects the way Connecticut Attorney General Richard Blumenthal treats law-abiding citizens and small businesses, even conservatives would have blanched.

This activist, interventionist Democrat -- like his identical, slightly less oily twin, Eliot Spitzer -- decided at age 5 he was going to be a U.S. senator and then the first Jewish president. And he doesn't care how many lives he has to destroy to get there.

Currently, Blumenthal is running for the U.S. Senate against Linda McMahon in Connecticut. He must be stopped.

Among Blumenthal's taxpayer-funded citizen-persecution projects was the one he waged against Gina Kolb, owner of Computer Plus Center in East Hartford. After selling $17.2 million worth of computers and servers to the state in 2001, Kolb found herself being sued by Blumenthal for $1.75 million for allegedly overcharging the state $500,000.

Publicity-whore Blumenthal sent out an accusatory press release about Kolb, saying: "No supplier should be permitted to shortchange or overcharge the state without severe consequences." Soon thereafter, Kolb was arrested at her home on seven first-degree larceny charges, courtesy of Connecticut's crazily hyperactive attorney general.

A court dismissed all charges against Kolb and her company in 2008. But not before this female businesswoman had her company completely shattered by the pathologically ambitious attorney general.

I'm sorry, I know you need to be on television every single day, Dick, but that's not enough of a reason to destroy innocent citizens' lives, much less use taxpayer money to do so.

Kolb was far from the only innocent citizen persecuted by Blumenthal. The reason we know her story is that, instead of moving as far away from Connecticut as she could, Kolb turned around and sued the state for violating her constitutional rights.

The jury agreed, awarding her $18 million for Blumenthal's "pattern of conduct" that destroyed Kolb's business and impugned her integrity.

More HERE

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ELSEWHERE

Barack Obama and the Chamber of Secrets: "So, who’s left to demonize? The Girl Scouts? Rotary Clubs maybe? We’re running out of devils to distract us. Then again, the Obama administration’s preposterous attack on the U.S. Chamber of Commerce does nothing to help Democrats and everything to reinforce the moderate voter’s perception that the president’s party has gone bonkers.”

Distributism: More than a middle way: "Distributism is often misconstrued as a ‘third way’ between capitalism and socialism, taking the best of both but modulating their excesses. This is incorrect. As Medaille shows, distributism is not so much — indeed not at all — a ‘third way’ between different approaches but a different road entirely. This is in part because capitalism and socialism are not themselves separate ways. Marx and Hayek both contended, for example, that should their views be adopted, the state would wither away. Instead, under either communist regimes or capitalist economics, the growth of the state has increased, and with it has come increased reliance on centralized power and a crushing debt burden.”

Obama admin. expected to appeal “don’t ask, don’t tell” ruling: "The Obama administration is expected to appeal as soon as Wednesday a federal judge’s ruling that halted the Defense Department from enforcing its policy that bars openly gay people from military service, according to senior administration officials familiar with the government’s plans. … sources familiar with the government’s plans expect a motion for an emergency stay to halt the injunction to be filed first with [U.S. District Court Judge Virginia] Philips as a matter of procedure. If she rejects it, as expected, the request for an emergency stay would accompany the formal appeal to the Ninth Circuit Court.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

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