Archive for March, 2009

Using the State to Reduce the Cost of HealthCare

Thursday, March 5th, 2009

This Obama bureaucrat makes the argument several times through this clip that nationalizing health care will reduce it’s cost.

Its one thing to argue in favor of national health care because you want to help those that can’t get health insurance. Its a whole other thing if you earnestly believe the state will be able to reduce cost by nationalizing health care. Anyone that has a vague understanding of the last hundred years of history would know just how patently absurd this argument is. While I doubt this bureaucrat is outright lying to us I would argue that he is so blinded by his own partisan ideology that he is simply incapable of being able to see just how absolutely wrong he is. I only hope that Obama has done a better job than this in appointing other bureaucrats. Given that many of his appointees don’t like paying taxes that seems unlikely.

Good Question

Wednesday, March 4th, 2009

Over at the Cato Institute Tad asks a great question:

Page 14 of the President’s FY2010 budget “blueprint” contains a section called “Fiscal Irresponsibility” that deserves scrutiny:

“Another manifestation of irresponsibility is the large budget deficits we are inheriting. These deficits, over time, will harm economic growth and impose burdens on our children and grandchildren.”

True.

“Between 2000 and 2008, real Government outlays increased at a 3.6 percent annual average rate, three times the 1.2 percent annual average rate between 1992 and 2000…Furthermore, the amount of debt held by the public has nearly doubled to $6.4 trillion from 2001 to 2008. We are now living with the fallout of this deep fiscal irresponsibility.”

True.

“Unfortunately, we are also inheriting the worst economic crisis since the Great Depression—which will force us to increase deficit spending temporarily as we try to jumpstart economic growth.”

Time-out. The administration accurately states that federal spending and debt have increased at a detrimental pace this decade. Then it says we’re in the worst economic crisis since the Great Depression.

And the solution to the economic downturn caused in part by too much spending and debt is to increase deficit spending and further run up the national debt? By the administration’s own logic, shouldn’t we be experiencing economic growth with all the deficit spending it “inherited?”

Is Obama A Socialist?

Wednesday, March 4th, 2009

Duh:

In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.

Yet his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the right.

The real Obama has stood up and lived up to his ranking as the most left-wing member of the Senate.

The only thing remarkable, is the extent to which the MSM was able to hide this rather obvious fact. Of course it helps that the MSM leans the way of socialism. To the press, Obama was a moderate.

The McCain campaign should of used the Ayers connection to hammer home just how left Obama was and not to argue that he ‘paled around with terrorists’. Who cares if he associated with with terrorists from 856 million years ago? Whats more alarming is that he kept people with hard left ideology around as friends. Maintaining such associations suggests a predilection towards an ignorant and economically damaging ideology.

The first couple of months of his presidency seems to revealed the Ayers connection to be prophetic in regards to his economic position. Obama has been endorsing bad liberal economic policy. The irony of course being that what this kind of recession really calls for is a partisan fiscal conservative, but instead we got the worst possible political ideology. We get a partisan fiscal liberal. How much longer will it take for our economy to recover with Obama’s tax hikes and government expansions? It’s unclear, but one thing for sure, is such policies will not shorten the recession. You can’t take money from the innovators and give it to the bureaucrats and expect to see a net gain in job growth. If the last century taught anything, its that.

Hopefully, these bad policies will result in a libertarian push in the next election which will undue most of the damage Obama will do. And if we are really lucky, the failure will be so extreme that politicians will have additional political capital left over to drastically reduce entitlement programs like social security and medicare. Hey a libertarian can dream can’t he?

War On Drugs Becomes Actual War

Tuesday, March 3rd, 2009

Mexican drug cartel forces top 100,000, rivaling Mexico’s 130,000 member army.

About 7,000 people have died in the last year — more than 1,000 in January alone — at the hands of Mexico’s increasingly violent drug cartels. Murders often involve beheadings or bodies dissolved in vats of acid.

All of this because some people want to control what substances others put in their bodies of their own free will. Drug cartels are a natural outgrowth of prohibition, causing more problems than the drug would if it were legal.

When Pork Flies

Tuesday, March 3rd, 2009

Head on over to Recovery.gov and see where all those infrastructure billions are going