The Three Legs of the Welfare State
Obviously there’s the three legs of conservatism. Fiscal conservatism, social conservatism and strong foreign policy. Well I present you the three legs of the welfare state. The first is the pay-in system which I categorize Social Security and Medicare to make up since you’re required to pay in order to reap the benefits supposedly (issue in of itself) in later life. The second is government | Read More »
The ObamaCare insurance industry bailout warms up on its launch pad
It’s the bailout none dare speak of, the bailout we’re not even supposed to refer to as a “bailout.” No, no, you’re just fearmongering by using that term! Instead, you must talk about “risk corridors.” A risk corridor is a passageway wide enough to accommodate a few billion dollars of bailout money. If you think of the boulder that almost crushed Indiana Jones at the | Read More »
How The Left Manipulates Terms
Note: I started writing back in late September but fell short of ideas. I’ve written about this before, but this requires more attention than what it’s gotten. Most of everyone tend to call them “liberals”. The left first started playing with it by late 1910s when the American people became hostile to progressive with Woodrow Wilson entering us into WWI when he initially promised not to | Read More »
Tags: Barack Obama
, Great Society
, Social Security
, Woodrow Wilson
PSA: #Obamacare drawing con-men like rotten meat draws flies.
Don’t believe me? Then maybe you’ll believe that notorious right-wing Tea Party rag The New York Times: To the list of problems plaguing President Obama’s health care law, add one more — fraud. With millions of Americans frustrated and bewildered by the trouble-prone federal website for health insurance, con men and unscrupulous marketers are seizing their chance. State and federal authorities report a rising number | Read More »
Obamacare, Obamanomics ‘stimulus’ for parent move-ins with kids
The only “work” stimulated for non-government union employees by President Obama’s 2009 “stimulus” bill was for U-Haul to move adult children’s furniture back to their parents’ homes. Obamacare will force children lucky enough to have full-time jobs to rent Ryder trucks to transport mom and dad’s stuff to their abodes. Maybe President Barack Obama would consider issuing an executive order allowing adults to stay on their children’s | Read More »
Tags: affordable housing
, cheap energy
, jobs depression
, liberal democrats
, medicare advantage
, stimulus bill
, war on coal
, Welfare State
*This is a slight modification based on the objection of rbdwiggins below. I had originally titled it “The Looming Retirement Bomb” but he pointed out that was a somewhat myopic title since the problem I am pointing to is broader than retirement alone. Let’s consider a country where everybody decides to work for two years, put half their money in the bank and then vacation | Read More »
Paul Ryan’s Missing Op-Ed
Congressman Paul Ryan penned an op-ed in today’s Wall Street Journal forging a path to “ending this stalemate.” What is amazing about this op-ed is what it fails to mention. Amidst the garrulous piece on Medicare reform, Social Security, and tax policy, there is not one word about the very impetus for this so-called stalemate – Obamacare. Ryan rightfully notes that this is “our moment | Read More »
The Immorality of Government Pension Obligations
I know that pensions are out of the news right now and that defund is the defining issue of the moment. However, I think it is appropriate to revisit these issues from time to time. Let’s consider somebody (Bill) moving from New York State to Illinois. The best estimate of New York’s unfunded pension obligations that I can find per capita is $814 while Illinois | Read More »
The Cancerous Lie of Unbounded Positive Rights
An alliance of Progressive Organizations is attempting to counter 23+ hours of truth from Senator Cruz with thirty-one seconds of disingenuous horse-hockey. They rail at Republicans who vote to deny other people healthcare. They rail at Republicans who vote to deny other people food stamps. It’s as if being an American implies that you have a natural right to have the government give you goods and services that originally belonged to, or are produced by somebody else.
In the bizarre world of “Positive Rights,” we get logical constructs that would totally destroy the social contract of any society that attempted to fulfill them. There is never any logical limit to what can be claimed as a so-called Positive Right. In the real-world, to all of these limitless demands are attached similarly limitless costs. It’s analogous to the Work-Energy Relationship in Physics.
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The US Debt Clock of Deceit, Decline and Doom is Ticking in the Debt Ceiling Debate
The United States as we know it today will cease to exist in the next few decades. Unfortunately, this is due to deceit in government accounting that you will NOT hear discussed on any news reports in the debate over raising the debt ceiling. Let’s frame this somber picture. President Obama and the Treasury Department are demanding that Congress raise the $16.7 trillion debt ceiling so that | Read More »
The Washington Post has a real problem with… Terry McAuliffe’s performance at the NVTC.
This is a remarkably vicious article from the Washington Post… which is to say, it only attacked the Republican candidate for Virginia governor once and even then waited until about the sixteenth paragraph to do it. Apparently, the Post did not like Terry McAuliffe’s performance at the Northern Virginia Technology Council, particularly when compared to Ken Cuccinelli’s; and that disapproval seems to have slopped over | Read More »
NM Democrats: Lying about Obamacare?
Will Obamacare really be good for New Mexicans? As a state that has many who struggle to make ends meet and many impoverished it is an important question. The Democratic Party of New Mexico says Obamacare will help people with disabilities. But will it really? Obamacare—Good News for People with Disabilities If you are a person with disabilities and need health care coverage, the Affordable | Read More »
The Opportunity in the Soon-to-be Electronic Medical Records Pain Point
Joining me this week on PowerTalk is Lauren Fifield, senior health policy advisor at Practice Fusion. Practice Fusion is one of the fastest-growing electronic health record communities in the United States. Founded in 2005, the company has 150,000 physicians and practice users using Practice Fusion’s EHR across all 50 states. At Practice Fusion, Lauren manages government relationships and monitors an ever-changing landscape of legislation, regulation | Read More »
Tags: Affordable Care Act
, Electronic Medical Records
, Kathleen Sebelius
Restoring The Republic III – Curing The Sickness Known As Healthcare
Don’t get me wrong. I like O-Care about as much as I like getting a prostate exam. The bill is typical of unthinking, boilerplate socialism’s response to the negative externalities that result from market failure. We should therefore trash Obamacare, but let’s just make that the warm-up set. The real heavy lifting required to fix our healthcare system involves addressing the causes of a market failure so catastrophic that something as obviously stupid as Obamacare seemed like a palatable solution.
Karl Denninger explains why poor people often can’t afford health insurance. The care provided is so badly overpriced that health plans are paying out more vastly more than the goods and services provided can possibly be worth. He describes the price mark-up of a common chemotherapy drug below.
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Restoring The Republic II – Social Security, Medicare and Soylent Green
…and society inscribe on its banners: From each according to his ability, to each according to his needs!
Critique of the Gotha Program – Karl Marx
It was 1875, and Germany was well on its way to breaking Marx’s wretched little heart by enacting just enough social welfare to pacify its proletariat and preventing idiots like Karl from making any important decisions. Marx wrote the on the Gotha Program in an effort to prevent his revolutionary ideas from becoming more co-opted than the DNC-sponsored anti-Iraq War Movement of 2006. He failed, but his motto remains the standard Twitterplate description of what Marxism is ultimately supposed to accomplish.
What Marx attempted to establish was thoroughly unworkable in a static or shrinking economy. That, in a sense was a saving grace. It had its own limiting factor, you ran out of other people’s money. What the United States has achieved through entitlements is worse.
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