Monthly Archives: December 2010

Dead-In-The-Water Debt Commission

Britain, Debt, Economy, Government, Inflation

My maxim,“Government commissions are where accountability goes to die,” played out today when, as the Washington Examiner reports, “President Barack Obama’s deficit commission failed to forge consensus on what to do about an increasingly urgent debt problem …”

“The 11-7 vote in favor of the panel co-chairmen’s recommendations for a painful mix of spending cuts and tax increases foretells a bitterly partisan and possibly unproductive debate in the House. If there’s a deal to be had, it will likely be reached in the Senate. Fourteen votes were needed to officially send the plan to Congress now for quick action on it.”

“The Details” of the thwarted plan, have been distilled by The Huffington Post’s Sam Stein:

“The draft put out by the commission chairs has been released, coming in at 50 pages. The overarching goal, Simpson and Bowles write, is to achieve ‘nearly $4 trillion in deficit reduction through 2020’ while reducing ‘the deficit to 2.2% of GDP by 2015.'”

“How they get there is going to be a matter of contention as other commission members have already stressed their displeasure with the suggestions. But here are a few of the more noteworthy suggestions.”

* Roll discretionary spending back to FY2010 levels for FY2012, requires 1% cut in discretionary budget authority every year from FY2013 though 2015;

* Fully offset the cost of the ‘Doc Fix’ by asking doctors and other health providers, lawyers, and individuals to take responsibility for slowing health care cost growth;

* Reduce farm subsidies by3 billion per year by reducing direct payments and other subsidies;

* Achieve100 billion in Illustrative Defense Cuts;

* Index retirement age for Social security to increases in longevity. ‘This option is projected to increase the age by one month every two years after it reaches 67 under current law, meaning the normal retirement age would reach 68 in about 2050 and 69 in about 2075.’ There will be a ‘hardship exemption’ for those unable to work beyond 62;

* Give retirees the choice of collecting half their benefits early and the other half at a later age to minimize impact of actuarial reduction and support phased retirement options;

* Reduce corporate tax rate to 26% and permanently extend the research credit;

* Gradually increase gas tax to fund transportation spending.”

[SNIP]

Think about it: The American president appoints a select group of like-minded officials tasked with coming up with a plan to tackle the deficit, the debt and the government’s long-term, looming liabilities. The commission completes its task by agreeing not to tackle the task. Meanwhile, the British PM has fired hundreds of thousands of state worker and slashed departmental budgets.

UPDATED: The Founding Fathers Deconstructed (MT, Saint Or Sadist?)

Africa, America, Christianity, Colonialism, Founding Fathers, History, Intelligence, Morality, Propaganda

From today’s WND.COM column, “The Founding Fathers deconstructed”:

“The idea that the founders were flawed, sinful men like you and me is current among a hefty majority of Americans, conservative too. It is wrong. Quite the reverse. The founders were nothing like us. Not even close. I say this not as an idealist but as a realist.

” … Judging from their works and their written words, the American Founding Fathers were immeasurably better than just about anyone on earth today. That goes for that gnarled, somewhat stupid sadist Mother Teresa, whom Christopher Hitchens nailed in The Missionary Position: Mother Teresa in Theory and Practice. And it applies to the moral role models selected for us annually, courtesy of CNN’s Anderson Cooper.

The founders are matchless today both morally and intellectually – their actions bespeak a willingness to forsake fortunes and risk lives for liberty, a concept and cause alien to contemporary Americans, who are, mostly, bereft of both the mental and moral gravitas necessary to grasp it. … ”

The complete column is: “The Founding Fathers deconstructed.”

The Second Edition of Broad Sides: One Woman’s Clash With A Corrupt Society (the print edition can be purchased here) is now also available on Kindle.

UPDATE (Dec. 3): MT, SAINT OF SADIST? Just as I thought I had written an uncontroversial column, Rod writes to write me off as a writer, a human being, etc.:

He quotes my column: Judging from their works and their written words, the American Founding Fathers were immeasurably better than just about anyone on earth today. That goes for that gnarled, somewhat stupid sadist Mother Teresa, whom Christopher Hitchens nailed in ‘The Missionary Position: Mother Teresa in Theory and Practice.'”

First sentence quite good – second one horribly bad. Are you an atheist like Hitchens? Why would you appeal to such a God-hater as any kind of authority on the likes of Mother Teresa. And I wouldn’t think you should need reminding, but Mother Teresa is now outside the scope of your “… immeasurably better than just about anyone on earth today” – since she died 3 years ago. I can’t argue you observation of “gnarled”, or even “somewhat stupid” – but “sadist”; do you get that from Hitchens, or is this you own “somewhat stupid” idea. You had my rapt attention, and your article was making great sense – until you brought in Mother Teresa, out of the blue, I mean the “wild blue, way up yonder” out of the blue. …
I’ve been reading you for years on WND, and must say you are an excellent writer, and appear to have a brilliant mind. But you really lost it with this one. Hitchens book title is bad enough, then you pile on further insult with your “Hitchens nailed [her]” comment – are you trying to be more vulgar and disgusting that the somewhat stupid atheist, or are you just being stupid yourself.
One last thing – beauty is (truly) only skin deep. Yet you include your picture in the article – I suppose so we can all see how ‘beautiful’ you are on the outside. But in God’s economy, I daresay Mother Teresa is far more beautiful – one of the most beautiful in my lifetime. Her beauty radiates from within, just as your ugly heart is coming to the light through your vulgar words.
I guess you’ve concluded by now that you’ve lost a long-time fan.

Mother Teresa is held up as a universal paragon of goodness in it purest form. Hence the reference to her in the column. As someone who prefers facts to blind faith, indeed I do think Hitchesn—who hung out in Calcutta with Mother, and did his homework well—nailed this sister’s act (as in “detect and expose”).

More later (the parrots are demanding birdie bread with calls of “mommy, mommy”).

Later: If I am supposed to discard the facts because they were dredged up by an atheist (CH), I suggest that my reader question his adulation for a woman (MT) worshiped by former White House communications director Anita Dunn.

“My favorite political philosophers: Mao Tse-tung and Mother Theresa,” said the lizard-tongued Dunn.

I am absolutely sure that I share no heroes with Dunn. Picture a Venn diagram. There is no overlap between my mental/intellectual universe and Dunn’s.

The facts, as illustrated by Hitchen, show that MT preferred “providence to planning” in her facilities and was far from humane to the poor she took in. Hitchen quotes, among others, a doctor, the editor of the acclaimed “Lancet,” who was alarmed at the intentional neglect of proper diagnosis and pain management at a MT operation. On Mother’s orders, lavish, well-appointed homes that were donated to her cause were stripped bare of decent mattresses or creature comforts. The heat turned off. Volunteers got TB.

As a matter of theology, MT insisted that the poor be left to suffer horrible pain (while she was always airlifted to receive medical care in the best western facilities). Salvation through suffering for the poor, but not for Mother. Hypocrite?

MT, moreover, had a sizable fortune, enough money to outfit many clinics in Bengal (or wherever she operated). But she pursued “suffering and subjection” for her charges and for those working for her. If a dying man got an aspirin from her, he was lucky. Her palliative philosophy was in direct opposition to that of the Hospice movement.

Unforgivable. “Hell’s Angel.”

Myron, Mother T. had close ties to a lot of very corrupt governments, so she was hardly the epitome of private charity. Her motto seemed to have been: “money has no smell.”

More False Arguments For Taxing The Rich

Democrats, Economy, Government, Socialism, Taxation

Shepard Smith of Fox News encapsulated what to him was the counter argument for taxes on the person earning $20 million annually: “He’ll be $1 million the poorer. Is that going to impact his life style, asked Smith? Will he fire the chauffeur? Not really.”

That’s also not really the right, utilitarian, economic argument for letting a man keep what is his. One million in the hands of government is one million dollars circulating the drain. As soon as you transfer private property into communal ownership, it’s as good as squandered. Left as private property, that money could be saved, invested in productive endeavors, or spent on consumer goods, which will generate work for producers.

How do you think the government collective will allocate $1million it has stolen, and has never worked to generate?

To the moral side of the matter:

From “The 2 Parties’ Question: How Much To Steal”: Taxes are private property plundered. The government has several ways to pay for its obligations, one of which is to seize private property in the form of taxes. The particular portion of the ‘stim’ and bailouts that was not borrowed or counterfeited by the Fed once belonged to individual Americans. Thus, a tax cut for high-income earners, who also pay most of the taxes, is tantamount to a return of stolen goods.
With a tax cut, the plundering class simply agrees to pilfer less. The notion that you must ‘pay for tax cuts’… is akin to a burglar promising to return the television he stole just as soon as he is in a better financial position.”

Meanwhile, “Democrats in the House and the Senate moved Thursday to limit the reductions, in full, only for families making $250,000 a year or less.”

Beck’s Left The Building

Glenn Beck, Media, Pop-Culture, The Zeitgeist, Uncategorized

Glenn Beck believes that the blackboard has made him a philosopher king, a teacher. Most of the Glenn Beck Show, unfortunately, is now devoid of useful information. it wasn’t always so. I was, as you recall, a big Beck fan. Since I require information—news, data—I opt for Hardball. A horrible prospect, I know, but Chris Matthews’ currency, however debauched, is the news of the day. The same cannot be said for the Beck hour. Hardball also gets me the progressive perspective. I have to keep abreast of Left-liberal thinking on the issues, since it is never intuitive.

From Beck you get the following:

Sighs.
Nods.
Lots of self-affirmation (Glenn said this and that years ago).
More ego announcements and exhortations to TiVo upcoming segments
Mention of George Soros (who also recognizes Glenn for the threat he is)

Today Beck was pushing for an answer his rapt audience was unable to give him because, mercifully, they do not “think outside the box” like he does (he kept trying to get them to be as “creative”). Beck asked those present in the studio what could transpire when Germany, forced to bailout out Europe, felt backed to the wall. Of course, knowing how he thinks (and he has maligned the Europeans in the past), I knew that what Glenn wanted to hear was this: given their history, the productive and pedantic Germans could well turn to fascism if forced into an economic corner.

In the past, Beck has attempted to provide historical information. Now he only alludes to the need to know history so as not to repeat it, study it, buy books about it (his).

Other repetitive themes:

Dark times are ahead (well, dah!)
Help your neighbors.
Pray
Be true to yourself.
Be honorable
Sign up for my …

I don’t watch Oprah. Why would I watch her conservative, male counterpart? I want the old Beck back but that bloke has left the building and is levitating high above it.

I guess Judge Napolitano, on at 5:00PM at Fox Business, makes up for it all.