Op-Eds and Editorials November '09
Ten Reasons Public Won't Buy Senate Health Care Plan
Originally Posted At The Washington Examiner
By Grace-Marie Turner
November 25, 2009
At a time of record deficits and a $12 trillion national debt, President Obama and the Democrats are pulling out all of the stops to pass a plan that dramatically expands government powers over health care. According to a Nov. 23 Rasmussen survey, only 38 percent of Americans polled now support the Democrats' health reform plans, and 56 percent oppose them. That's unlikely to change as people learn more about what's in the 2,074-page bill.
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A Budget-Buster In The Making
Originally Posted At The Washington Post
By David S. Broder
November 22, 2009
It's simply not true that America is ambivalent about everything when it comes to the Obama health plan. The day after the Congressional Budget Office (CBO) gave its qualified blessing to the version of health reform produced by Senate Majority Leader Harry Reid, a Quinnipiac University poll of a national cross section of voters reported its latest results.
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The Rationing Commission
Meet the unelected body that will dictate future medical decisions.
Originally Posted At The Wall Street Journal
November 15, 2009
As usual, the most dangerous parts of ObamaCare aren't receiving the scrutiny they deserve—and one of the least examined is a new commission to tell Congress how to control health spending. Democrats are quietly attempting to impose a "global budget" on Medicare, with radical implications for U.S. medicine. Like most of Europe, the various health bills stipulate that Congress will arbitrarily decide how much to spend on health care for seniors every year—and then invest an unelected board with extraordinary powers to dictate what is covered and how it will be paid for. White House budget director Peter Orszag calls this Medicare commission "critical to our fiscal future" and "one of the most potent reforms."
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A Tax A Day
Turning Medicare into an income redistribution program.
Originally Posted At The Wall Street Journal
November 15, 2009
Another day, another tax increase to finance the trillion-dollar health-care overhaul. The latest schemes are leaking out of the Senate, where Majority Leader Harry Reid is scrambling to find enough money while not offending Big Labor. The Senate Finance bill imposes a 40% tax on expensive private health plans, many of which belong to union members as part of their negotiated contracts. So Mr. Reid wants to reduce this tax and is floating a new Medicare payroll tax surcharge as a substitute.
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Obamacare: Buy Now, Pay Later
Originally Posted At The Washington Post
By Robert J. Samuelson
November 16, 2009
The disconnect between what President Obama says and what he's doing is so glaring that most people could not abide it. The president, his advisers and allies have no trouble. But reconciling blatantly contradictory objectives requires them to engage in willful self-deception, public dishonesty, or both...
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Who's Your Daddy? Uncle Sam
Originally Posted At JS Online
By Patrick McIlheran
November 14, 2009
The health care scheme that squeaked through the House of Representatives will load great new costs on people. But wait until you find out about what you get in return: a new dad.First the costs. Families would pay up to 20% of their income to buy insurance on new federal exchanges, the Congressional Budget Office said earlier this month. Premiums would more than double for a family of four and would triple for healthy people in their 20s, according to a study using actual data from insurers.
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The Fed's Woody Allen Policy
Efforts to stoke a recovery may be creating new asset bubbles in equities and elsewhere.
Originally Posted At The Wall Street Journal
By Judy Shelton
November 11, 2009
In the Woody Allen film "Annie Hall," the main character tries to explain irrational relationships by recounting an old joke. "This guy goes to a psychiatrist and says, 'My brother's crazy, he thinks he's a chicken.' The doctor says, 'Well, why don't you turn him in?' And the guy says, 'I would, but I need the eggs.'" It takes similar reasoning to reconcile the elation felt across America every time the stock market rises—partially replenishing personal investment portfolios and 401(k) retirement plans—with the uneasy feeling that we are being set up for yet another big financial disappointment.
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Doctor's Note Required To Read This Column
Originally Posted At The New York Post
By John Crudele
November 10, 2009
WERE you shocked that the nation's unemployment rate in October jumped to 10.2 percent, the first time it has been in double digits since 1982? Did the fact that another 190,000 jobs disappeared from the US economy last month cause you to lose sleep? Well, if you couldn't handle those numbers you should not read any more of this column. In fact, I want to see a doctor's note before I allow you to read on...
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The Evil Empire
Originally Posted At Op-Ed News
By Paul Craig Roberts
November 5, 2009
The US government is now so totally under the thumbs of organized interest groups that “our” government can no longer respond to the concerns of the American people who elect the president and the members of the House and Senate. Voters will vent their frustrations over their impotence on the president, which implies a future of one-term presidents. Soon our presidents will be as ineffective as Roman emperors in the final days of that empire.
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Obamacare's Nasty Surprise
Fewer insured, higher costs might be the result
Originally Posted At The Washington Post
By Martin Feldstein
November 6, 2009
Obamacare could have the unintended consequence of raising health insurance premiums and causing a decline in the number of people with insurance. Here's why: A key feature of the House and Senate health bills would prevent insurance companies from denying coverage to anyone with preexisting conditions. The new coverage would start immediately, and the premium could not reflect the individual's health condition.
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Why Keep Geithner?
Originally Posted At The Huffington Post
By Dylan Ratigan
November 2, 2009
A year ago it was revealed to the American people that our banking system is a legalized Ponzi scheme in which bank and insurance CEOs pay themselves billions of dollars in personal compensation to lend and insure assets with money they don't have to customers who can't pay back the loans. In those dark days between the fall of Lehman Brothers and before the presidential election, we were often carried through that time by the small glimmer of hope that at least we would soon have a new leader who would hopefully fix this mess and punish those responsible.
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Recent News
Friday, May 18, 2012
Congressional Republicans are back up to their old shenanigans on ObamaCare. Politico reveals that Republicans would try to replicate popular parts of Obama’s health care law if the Supreme Court overturns the law this summer.
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Tuesday, May 15, 2012
Source: ABC News
The Food and Drug Administration has warned doctors to watch for fractures of the upper thigh bone in patients taking several popular drugs designed to prevent hip fractures and fight osteoprothesis. The FDA warns that Fosamax and Boniva in particular, if taken unnecessarily or for too long, may actually be causing the bone fractures they are prescribed to prevent. Watch ABC News video.
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Thursday, May 17, 2012
 Exit Not An Option In Chuck Schumer's America. New York Senator Chuck Schumer has introduced the Fugitive Taxpayer Act of 2012 to re-impose taxes on expatriates after they flee the United States and take up residence in a foreign country. Proposal also would impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship and would bar such individuals from ever reentering the United States again.
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Wednesday, May 16, 2012
Whether President Obama gets his second term or Romney enters the Oval Office, there’s a third candidate no one’s paying much attention to, and that candidate is guaranteed to be the one clear winner of election 2012: the U.S. military and our ever-surging national security state.
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Friday, May 11, 2012
According to the New York Federal Reserve, two million US seniors age 60 and over have student loan debt, on which they owe a collective $36.5 billion; and 11.2 percent of this debt is in default. 4.2 percent of all student loan debt is held by people over the age of 60, and that share grows with each passing year.
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Tuesday, May 15, 2012
Across the U.S. economy, anxiety is rising about the potential for widespread disruptions after the November election, when a lame-duck Congress will have barely two months to resolve a grinding standoff over taxes and spending.
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Thursday, May 10, 2012
Two-thirds of Republicans and nine in 10 Democrats polled support making immediate cuts to the military across the board -- a position at odds with the leaderships of both political parties.
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Monday, May 7, 2012
Video revealing the circumstances of how a mentally ill homeless man in Fullerton, Calif. died last July was finally published Monday, revealing a stunningly brutal police assault that left Kelly Thomas bleeding, broken and near death.
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Monday, May 7, 2012
The number of people with jobs declined for the second month in a row, falling by 169,000 in April after easing by 31,000 in March. This means that there were 200,000 fewer Americans with jobs in April than there were in February. Additionally, the percentage of working-age adults who either have jobs or are looking for work, fell to 63.6%, which is the lowest level since December 1981.
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Tuesday, April 24, 2012
In November 2010, a police lieutenant from Parma, Ohio, asked Vanguard Defense Industries if the Texas-based drone manufacturer could mount a “grenade launcher and/or 12-gauge shotgun” on its ShadowHawk drone for U.S. law enforcement agencies. The answer was yes.
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