We need to get special interests out of politics. They spoil everything. For once President Barack Obama is right: special interests are messing up health care reform. “Every time we are in sight of health insurance reform, the special interests fight back with everything they’ve got,” Obama told us. You’ve seen that quote – or read something like it. Obama’s made some form of that claim on ABC, CBS and NBC at least a dozen times since he took office. Journalists have taken their lead from the president and restated it another 11 times. MSNBC has repeated the same claim... continue reading
Immediately following Obama’s coup at General Motors, and near-takeover of Chrysler as well, there was about two weeks of news coverage of the shocking number of dealerships summarily, and seemingly arbitrarily, put out of business. The demand for explanation of why and how one dealership was killed, another spared execution was ever so briefly loud, then quieted, then silenced. This front page story moved to the back pages and, in short order, to oblivion – and the questions it raised were never answered. Case in point: Ron Marhofer, the owner of Marhofer Chevrolet in the little burg of Stow ,... continue reading
It’s rare to find reason to praise Newsweek Magazine. But in the July 20 issue, they revealed a little something about the high cost of taking too much from the rich. Quote: “Trickle-down economics is a despised phrase and concept to many, but it also embodies a harsh reality.” (Note the word: reality .) Continuing: “The rich often play a pivotal role in U.S. economic growth, and if they are enfeebled, then the consequences are widespread.” The trouble with slowing the engine of the train is that the caboose slows down too; it doesn’t get anywhere faster. The problem with... continue reading
Count de Monet: “It is said that the people are revolting.” King Louis XVI: “You said it. They stink on ice.” – “History of the World: Part I” Out of the mouths of babes … and B-movie comedies come our words of wisdom. The people are indeed revolting. It makes sense. Americans have found their politicians revolting for decades. Now the tables are turned. Politicians don’t just find citizens revolting. They actually fear their constituents. Liberal congressmen and senators are avoiding their voters out of a sense of impending doom. Fears of angry town hallers were fanned by MSNBC hosts... continue reading
President Ozbama has gotten his hands on the largest political slush fund ever amassed in history. But unlike others’ slush funds, assembled surreptitiously in dark rooms, brought to a central point by quiet men ferrying satchels of cash, his has been made out in the open for us all to see – although the media haven’t called it what it is. It should be noted that what the president’s up to is perfectly natural to him. Just about the only item on his leaf thin resume is cutting his teeth in Chicago politics as a community organizer. In that environment,... continue reading
For eight years in America, protest was in and all the cool kids did it. We had flamboyantly dressed Code Pinkers demonstrating at conventions and in sessions of Congress, calling Marine recruiters “traitors” and protesting wounded soldiers at Walter Reed Army Medical Center. Then there were the crazies from Acorn stalking Wall Street executives at their homes. And anti-war lefty Cindy Sheehan got so much news coverage from the major networks and top newspapers that they practically had to create a bureau to handle her antics. Through it all, the left whined that President George Bush was a fascist –... continue reading
So Democrats don’t like all those ads for prescription drugs on T.V. – the ones for high cholesterol, enlarged prostates, dry eyes and, yes, ED. On C-Span recently, House Energy and Commerce Committee Chairman Henry Waxman, D., Calif. , said “a lot of people start thinking they have medical problems because they’ve seen too many of these commercials. I don’t think that’s doing the public a lot of good. It’s certainly making the drug companies richer, but it’s not doing a lot of good for the public.” That statement tells us an awful lot about Waxman, President Obama and the... continue reading
The resistance is well underway. Affluent Americans – defined as the top 20 percent of U.S. households by income – spent about 10 percent less in 2008 than they did in 2007, according to a study by luxury-goods researcher Unity Marketing, quoted in Research Alert, July 3, 2009. And those households with incomes of $250,000 or more are cutting back on spending even more than all affluent households overall. 54 percent of these consumers are spending even less in 2009 than in 2008. Those $250,000+ earners, threatened directly and demonized by President Obama are retaliating with their most powerful and... continue reading
What goes up must come down. Unless it goes down further, sideways or moves some other way that no one really predicted. That’s the way economics really works and no matter how many talking heads – right, left and center – tell you otherwise, most don’t have a clue what direction things are headed. From gas prices to the stock market to jobs, the people who act like they know everything often know nothing. Sure, many – Greenspan, Geithner, Krugman, Zandi – are brilliant. Then there are the media types like Williams and Couric and before her Rather. None of... continue reading
Could it be that the dire and desperate need for health care reform is overblown? Maybe the epic number of people suffering with no health care thanks to our badly broken system is exaggerated? Is it possible that health care doesn’t need to be wrested from private sector operation and made over top to bottom at cost of trillions by The Amazing Ozbama and his Czars? It’s pretty daring to question the very premise required to stampede-sell the destruction of the private insurance industry and takeover of health care. I’ve heard Limbaugh do it. Fred Thompson, a little. A few... continue reading