Category Archives: Barack Obama

"A War He Can Call His Own" Revisited By Woodward

Barack Obama, Military, Neoconservatism, Politics, Republicans, Terrorism, War

Distilled, the Big Idea behind Bob Woodward’s new book, “Obama’s Wars,” was outlined over these pixelated pages on July 18, 2008, in “A War He Can Call His Own”:

Obama needs a “good” war. Electability in fin de siècle America hinges on projecting strength around the world—an American leader has to aspire to protect borders and people not his own. In other words, Obama needs a war he can call his own. In Afghanistan, Obama has found such a war.
By promising to broaden the scope of operations in Afghanistan, Obama has found a “good” war to make him look the part. By staking out Afghanistan as his preferred theater of war—and pledging an uptick in operations against the Taliban—Obama achieves two things: He can cleave to the Iraq policy that excited his base. While winding down one war, he can ratchet up another, thereby demonstrating his commander-in-chief credentials.

Okay, so Woodward has framed as dovish “the president’s decision to order a surge of 30,000 additional troops late last year — 10,000 fewer than what top military leaders had been strongly pushing — with a withdrawal date of July 2011.”

The bottom line is that the president pushed for enough of a commitment, in blood and treasure in Afghanistan, to make him the presidential pick of a blood-lusting public.

That commitment was slightly less than the one the military had in mind—“to keep the troop commitment more open-ended.”

Talk about triangulation—BHO was able to shed just enough blood to give the left a foot in the door, while pacifying the murderous neoconservatives (Repbulicans in all permutations).

Calibration: that was the genius of the cunning Obama.

“A War He Can Call His Own” Revisited By Woodward

Barack Obama, Military, Neoconservatism, Politics, Republicans, Terrorism, War

Distilled, the Big Idea behind Bob Woodward’s new book, “Obama’s Wars,” was outlined over these pixelated pages on July 18, 2008, in “A War He Can Call His Own”:

Obama needs a “good” war. Electability in fin de siècle America hinges on projecting strength around the world—an American leader has to aspire to protect borders and people not his own. In other words, Obama needs a war he can call his own. In Afghanistan, Obama has found such a war.
By promising to broaden the scope of operations in Afghanistan, Obama has found a “good” war to make him look the part. By staking out Afghanistan as his preferred theater of war—and pledging an uptick in operations against the Taliban—Obama achieves two things: He can cleave to the Iraq policy that excited his base. While winding down one war, he can ratchet up another, thereby demonstrating his commander-in-chief credentials.

Okay, so Woodward has framed as dovish “the president’s decision to order a surge of 30,000 additional troops late last year — 10,000 fewer than what top military leaders had been strongly pushing — with a withdrawal date of July 2011.”

The bottom line is that the president pushed for enough of a commitment, in blood and treasure in Afghanistan, to make him the presidential pick of a blood-lusting public.

That commitment was slightly less than the one the military had in mind—“to keep the troop commitment more open-ended.”

Talk about triangulation—BHO was able to shed just enough blood to give the left a foot in the door, while pacifying the murderous neoconservatives (Repbulicans in all permutations).

Calibration: that was the genius of the cunning Obama.

Collapse Of The Child-Only Healthcare Market

Barack Obama, Healthcare, Regulation, Socialism, The State

Here is yet another unhappy installment in a BAB series of posts on the effects of the Obama healthscare, as these percolate throughout the economy.

This time it is “the collapse of the child-only market.” Reports the Wall Street Journal:

This week Democrats threw a six-month birthday party for ObamaCare—and the timing was only appropriate since it occurred at the same moment their reform annihilated a corner of the U.S. insurance market.

Democrats were celebrating the arrival of ObamaCare’s first regulatory wave, which was designed to land weeks before the election. These include mandated benefits like “free” preventive care (i.e., the cost is built into the premiums). Democrats think these “consumer protections” poll well, even though they’re already raising consumer rates across the country. But the most immediately destructive item turned out to be new rules governing private health coverage for children.

This week, almost every big insurance company in America—including Aetna, Cigna, UnitedHealth Group, WellPoint, Humana, Coventry, some Blue Cross Blue Shield affiliates and others—stopped writing “child-only” policies in the individual market. This is a niche product that parents typically buy when their employer health plan doesn’t cover dependents. The exact plans vary company to company and state to state, and the insurers will still offer family policies and make good on the child-only policies that they’ve already sold. But most won’t be writing new ones.

In other words, for-profit businesses are refusing to sell products that consumers want to buy. Exact data aren’t available, but the child-only market covers roughly a million kids a year.

The reason is a regulation that President Obama mentions every time he talks about health care, as he did recently in Falls Church, Virginia: “Children who have pre-existing conditions are going to be covered.” Insurers are now required to cover everyone under 19 when their parents apply for coverage, regardless of health status. The problem with this kind of “guaranteed issue” is that it encourages people, in this case parents, to wait until their kids are sick before seeking coverage.

This drives up premiums for the healthy, encouraging consumers in turn to drop coverage, and eventually it leads to what’s known as a “death spiral,” the industry term for an insurer with rapidly increasing costs as a result of population changes in its coverage pool. The child-only market is a particular death-spiral risk because it is so small and unstable, which explains why so many insurers left in a stroke.

MORE.

If we are to believe a new AP poll—and my thesis in “Statism Starts With YOU!”—Americans “who think the law should have done more outnumber those who think the government should stay out of health care by 2-to-1.”

The fatter the feds the happier Americans are.

UPDATED: On Second Thought: Obama Is Stupid (More Communal "Ownership")

Barack Obama, Political Economy, Private Property, Taxation

Barack Obama does not understand the difference between a TAX CUT and a TAX CREDIT. He thinks cutting taxes is tantamount to cutting welfare checks. In an “hour-long town hall meeting sponsored by CNBC,” aimed at bamboozling “Boobus Americanus” with his “eloquence,” Obama declared:

“What the Republicans are proposing is that we . . . provide tax relief to primarily millionaires and billionaires. It would cost us $700 billion to do it. On average, millionaires would get a check of $100,000.”

“Tax credits” are not tax cuts, they are “subsidies disguised as tax cuts. In other words, they are spending in the form of direct transfers from the treasury to individuals, except that they are administered by the tax authorities rather than the agencies usually responsible for welfare.”

A better definition of tax credits is social tinkering or engineering, as they target certain politically desirable constituents to the detriment of others. “Taxpayers can receive a raft of tax credits if they engage in various government-specified activities,” confirms Peter Ferrara, director of entitlement and budget policy for the Institute for Policy Innovation.

A tax cut, of course, is a reduction in tax rates. It means letting a poor sod (or serf) keep more of his rightful earnings.

The man with the reverse-Midas touch—who cannot get his head around the idea of property rights—added that “his administration is looking at the possibility of a payroll tax holiday, in addition to research-and-development tax breaks for corporations.”

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.

The distinction between what is mine and what is thine evades the president.

The reason the line about soaking the rich “drew applause from the audience of about 200 or so gathered at the Newseum in Washington” is to be found in an experiment conducted at the Universities of Warwick and Oxford, which was more of a confirmation than an investigation of human nature.

“Ingeniously operationalized by Professor Andrew Oswald and Dr. Daniel Zizzo, the experiment demonstrated the lengths to which people will go to destroy the wealth of others, even if, in the process, they knowingly wipe out their own funds.”

“The economists approximated reality by distributing cash unequally among the subjects, who were then told they could anonymously ‘burn away other people’s money,’ with one caveat: in the process, they would be destroying some of their own. Naively, the researchers expected little ‘burning’ to occur, and certainly for it to stop once the destruction of the opponent’s money became too painful to the player’s pocket. They were flummoxed when 62 percent of the subjects continued to ‘burn’ the wealth of others even at crippling costs to themselves.”

Laboratory-to-life extrapolations can be problematic, but this experiment transports effortlessly.

UPDATE (Sept. 21): “What Should We Do With the Estate Tax?” is the title of a legit article in the War Street Journal. Evidently, an inheritance belongs to the royal “We.” “A huge amount of money hangs in the balance,” says the author of the piece. Whose bloody money is it anyway?

On the bright side: a slight deviation from rank utilitarianism is evident in questioning whether “such a tax is fair to heirs, not to mention the people who worked and saved over the decades to build up those assets.”