Category Archives: Media

Update III: Obama’s Route To Economic Revival (A Stake Through The Heart Of The Economy)

Barack Obama, Debt, Democrats, Economy, Healthcare, Media, Socialism

A straitjacket is where this man and his followers belong. And where Bush before him should have been placed. For as much as the beaus and bimbos of FoxNews and their loyalists wish to forget, Bush paved the way for Barack’s Bacchanalia—“The unconstitutional campaign finance-reform bill and ‘Sarbanes-Oxley Act’ (a preemptive assault on CEOs and CFOs, prior to the fact of a crime); the various trade tariffs and barriers; the Clintonian triumph of triangulation on affirmative-action; the collusion with Kennedy on education; the welfare wantonness that began with a prescription-drug benefit that would add trillions to the Medicare shortfall, and culminated in the Kennedy-countenanced ‘New New Deal’ for New Orleans, for which there was no constitutional authority; the gold-embossed invitation to illegals to invade, and the ‘camouflaged amnesty'”—Barack wishes he’d done all this, but these were Bush’s babies.

Back to the bastard du jour : The New York Times editorializes approvingly on what Obama’s health care “reform” will accomplish:

It will “require virtually all Americans to carry health insurance or pay a penalty. And it would require all but the smallest businesses to provide health insurance for their workers or pay a substantial fee. It would also expand Medicaid to cover many more poor people, and it would create new exchanges through which millions of middle-class Americans could buy health insurance with the help of government subsidies. The result would be near-universal coverage at a surprisingly manageable cost to the federal government.

The nonpartisan Congressional Budget Office estimates that by 2015, 97 percent of all residents, excluding illegal immigrants, would have health insurance. The price tag for this near-universal coverage was pegged by the budget office at just more than $1 trillion over 10 years — at the low-end of the estimates we’ve heard in recent weeks.

The legislation would pay for half that cost by reducing spending on Medicare, a staple of all reform plans. It would pay for the other half by raising $544 billion over the next decade with a graduated income surtax on the wealthiest Americans: families with adjusted gross incomes exceeding $350,000 and individuals making more than $280,000.” …

Update I: Republicans on the Joint Economic Committee (led by Rep. Kevin Brady (R-TX), who, as far as I know, did less than nothing to highlight the evils of their Boy Bush’s prescription drug program, have developed the following organizational chart to illustrate the efficiencies built into to the Democrats’ healthscare politburo. Since the image, never the program, is quite small, check it out here.

HC

Update II (July 17): “In total, CBO estimates that enacting [Obama’s healthscare) provisions would raise deficits by $1,042 billion over the 2010-2019 period.” But the CBO and the JCT hope that the net increase in the federal budget deficit of enacting H.R. 3200 will be only a meager $239 billion over the 2010-2019 period. That’s because of some “savings” the Act affords.

“That estimate reflects a projected 10-year cost of the bill’s insurance coverage provisions of $1,042 billion, partly offset by net spending changes that CBO estimates would save $219 billion over the same period, and by revenue provisions that JCT estimates would increase federal revenues by about $583 billion over those
10 years.”

Douglas W. Elmendorf, Director of the CONGRESSIONAL BUDGET OFFICE, who conducted the analysis of “H.R. 3200, America’s Affordable Health Choices Act of 2009,” summarizes the Act’s mandates:

The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human
Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers.

I must say, I’m quite impressed with the CBO. Just the facts, ma’am.

Update III (July 18): Warns economist Peter Schiff: “the economy is walking dead anyway, and this measure is the equivalent of a stake through the heart.” From “Prescription for Disaster”:

“[T]taxing the rich to pay for health care for the uninsured is the wrong way to think about tax policy and is an unconstitutional redistribution of wealth. While the government has the constitutional power to tax to “promote the general welfare,” it does not have the right to tax one group for the sole and specific benefit of another. If the government wishes to finance national health insurance, the burden of paying for it should fall on every American. If that were the case, perhaps Congress would think twice before passing such a monstrosity.

In the second place, the bill is just plain bad economics. For an administration that claims to want to create jobs, this bill is one of the biggest job-killers yet devised. By increasing the marginal income tax rate on high earners (an extra 5.4% on incomes above 1 million), it reduces the incentives for small business owners to expand their companies. When you combine this tax hike with the higher taxes that will kick in once the Bush tax-cuts expire, and add in the higher income taxes being imposed by several states, many business owners might simply choose not to put in the extra effort necessary to expand their businesses. Or, given the diminishing returns on their labor, they may choose to enjoy more leisure. More leisure for employers means fewer jobs for employees.

More directly, mandating insurance coverage for employees increases the cost of hiring workers. Under the terms of the bill, small businesses that do not provide insurance will be required to pay a tax as high as 8% of their payroll. Since most small businesses currently could not afford to grant 8% across-the-board pay hikes, they will have to offset these costs by reducing wages. However, for employees working at the minimum wage, the only way for employers to offset the costs would be through layoffs.”

Read the complete column on Taki’s.

Update III: Obama's Route To Economic Revival (A Stake Through The Heart Of The Economy)

Barack Obama, Debt, Democrats, Healthcare, Media, Socialism

A straitjacket is where this man and his followers belong. And where Bush before him should have been placed. For as much as the beaus and bimbos of FoxNews and their loyalists wish to forget, Bush paved the way for Barack’s Bacchanalia—“The unconstitutional campaign finance-reform bill and ‘Sarbanes-Oxley Act’ (a preemptive assault on CEOs and CFOs, prior to the fact of a crime); the various trade tariffs and barriers; the Clintonian triumph of triangulation on affirmative-action; the collusion with Kennedy on education; the welfare wantonness that began with a prescription-drug benefit that would add trillions to the Medicare shortfall, and culminated in the Kennedy-countenanced ‘New New Deal’ for New Orleans, for which there was no constitutional authority; the gold-embossed invitation to illegals to invade, and the ‘camouflaged amnesty'”—Barack wishes he’d done all this, but these were Bush’s babies.

Back to the bastard du jour : The New York Times editorializes approvingly on what Obama’s health care “reform” will accomplish:

It will “require virtually all Americans to carry health insurance or pay a penalty. And it would require all but the smallest businesses to provide health insurance for their workers or pay a substantial fee. It would also expand Medicaid to cover many more poor people, and it would create new exchanges through which millions of middle-class Americans could buy health insurance with the help of government subsidies. The result would be near-universal coverage at a surprisingly manageable cost to the federal government.

The nonpartisan Congressional Budget Office estimates that by 2015, 97 percent of all residents, excluding illegal immigrants, would have health insurance. The price tag for this near-universal coverage was pegged by the budget office at just more than $1 trillion over 10 years — at the low-end of the estimates we’ve heard in recent weeks.

The legislation would pay for half that cost by reducing spending on Medicare, a staple of all reform plans. It would pay for the other half by raising $544 billion over the next decade with a graduated income surtax on the wealthiest Americans: families with adjusted gross incomes exceeding $350,000 and individuals making more than $280,000.” …

Update I: Republicans on the Joint Economic Committee (led by Rep. Kevin Brady (R-TX), who, as far as I know, did less than nothing to highlight the evils of their Boy Bush’s prescription drug program, have developed the following organizational chart to illustrate the efficiencies built into to the Democrats’ healthscare politburo. Since the image, never the program, is quite small, check it out here.

HC

Update II (July 17): “In total, CBO estimates that enacting [Obama’s healthscare) provisions would raise deficits by $1,042 billion over the 2010-2019 period.” But the CBO and the JCT hope that the net increase in the federal budget deficit of enacting H.R. 3200 will be only a meager $239 billion over the 2010-2019 period. That’s because of some “savings” the Act affords.

“That estimate reflects a projected 10-year cost of the bill’s insurance coverage provisions of $1,042 billion, partly offset by net spending changes that CBO estimates would save $219 billion over the same period, and by revenue provisions that JCT estimates would increase federal revenues by about $583 billion over those
10 years.”

Douglas W. Elmendorf, Director of the CONGRESSIONAL BUDGET OFFICE, who conducted the analysis of “H.R. 3200, America’s Affordable Health Choices Act of 2009,” summarizes the Act’s mandates:

The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human
Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers.

I must say, I’m quite impressed with the CBO. Just the facts, ma’am.

Update III (July 18): Warns economist Peter Schiff: “the economy is walking dead anyway, and this measure is the equivalent of a stake through the heart.” From “Prescription for Disaster”:

“[T]taxing the rich to pay for health care for the uninsured is the wrong way to think about tax policy and is an unconstitutional redistribution of wealth. While the government has the constitutional power to tax to “promote the general welfare,” it does not have the right to tax one group for the sole and specific benefit of another. If the government wishes to finance national health insurance, the burden of paying for it should fall on every American. If that were the case, perhaps Congress would think twice before passing such a monstrosity.

In the second place, the bill is just plain bad economics. For an administration that claims to want to create jobs, this bill is one of the biggest job-killers yet devised. By increasing the marginal income tax rate on high earners (an extra 5.4% on incomes above 1 million), it reduces the incentives for small business owners to expand their companies. When you combine this tax hike with the higher taxes that will kick in once the Bush tax-cuts expire, and add in the higher income taxes being imposed by several states, many business owners might simply choose not to put in the extra effort necessary to expand their businesses. Or, given the diminishing returns on their labor, they may choose to enjoy more leisure. More leisure for employers means fewer jobs for employees.

More directly, mandating insurance coverage for employees increases the cost of hiring workers. Under the terms of the bill, small businesses that do not provide insurance will be required to pay a tax as high as 8% of their payroll. Since most small businesses currently could not afford to grant 8% across-the-board pay hikes, they will have to offset these costs by reducing wages. However, for employees working at the minimum wage, the only way for employers to offset the costs would be through layoffs.”

Read the complete column on Taki’s.

Update II: Michael Revivalist Revelry

America, Journalism, Media, Music, Pop-Culture, Sarah Palin, The Zeitgeist

Civilians are dying in Iraq; soldiers in Afghanistan, Putin, his little helper (Dmitry Medvedev), and the patriotic Russian people, are getting the better of Barack; China’s Uyghur minority is going ape on its Han majority, Zelaya is seeking solace from Clinton—Bill, that is; key Irani clerics have dismissed the results of the vote (that’s good news; sensible non-interventionist wanted any findings to issue from Iran)—all the while, America’s cable news channels have been glued for hours-on-end to the formless shape of Rev. Al Sharpton, and other other black entertainers, swaying to the sounds of a pop singer passed. The same specter has occupied the front-pages of major newspapers.

To paraphrase Pat Buchanan, a silly people living in serious times.

Perhaps our Alaskan lass gets it. Having, we hope, seceded from “politics as usual,” Sarah went fishing with her hunk and her adorable kids. I hope she’s winking in the direction of Russia, and having a laugh at the expense of the self-important Obamas.

Update I: Marc Lamont Hill, Ph.D, Bill O’Reilly’s token black intellectual (read: a man who is clearly a product of America’s system of racial promotion, and doesn’t make O’Reilly’s lack-luster intellect too obvious), said: “Michael Jackson is the greatest child prodigy since Mozart.” Good grief. This man teaches at an elite university and he cannot distinguish between a Mozart and a songster, who was able to write a simple, three-chord jingle and dance to it; and who couldn’t even play an instrument proficiently, much less compose a symphony or an opera?

For this music lover—Bach, anytime anywhere—that was the most obscene comment to come out of the “wall-to-wall Michael Jackson coverage.” Writes Debbie Schlussel, with equal disgust: “the only people I feel for at this funeral circus are those kids. Sad to see his daughter, Paris Michael Jackson, cry. It’s probably the only sincere moment in the entire thing. The rest are just phonies glomming [sic] onto a successful circus act.”

[SNIP]

Bubbling up from this sewer of coverage, so emblematic of American society, was the repeated refrain that MJ managed to transcend race and gender. How stupid. The man was tortured by his race and his looks. The latest reports detail the shocking lily-white color of his frail, emaciated body, and the fresh track marks along his snow white bony arms. This was a man wracked by hate for his original looks. It takes self-loathing to voluntarily transform yourself—through dangerous, disfiguring, bone-crushing surgery—from a black young man into a no-nosed elf whose facial structure—the bones—had been chipped away to render a concave, collapsing mess, both sexless and raceless.

As for MJ’s alleged genderless “achievement”: the claim that Jackson was gay is certainly silly. He was clearly childlike and quite innocent. He didn’t have a history of affairs, male or female, and there was no evidence of child-molestation, although there was ample evidence that MJ assembled around him grafters who did not hesitate to use their kids to blackmail a childish man with means.

Update II: Jackson’s adopted daughter is a lovely little girl, who doesn’t sound remotely like the Valley Girls infesting that state. I dread to think how she’ll fare if one of the sisters takes her in. MJ seems to have imparted some manners to his kids.

“Ever since I was born, daddy has been the best father you could ever imagine.”—PARIS KATHERINE JACKSON, Michael Jackson’s 11-year-old daughter, at the pop icon’s memorial service Tuesday.

Updated: Palin Gives Up Governorship (‘Only Dead Fish Go With The Flow’)

Media, Military, Political Philosophy, Politics, Sarah Palin

I’m glad I waited a few hours pursuant to the announcements on cable that Sarah Palin had resigned, before posting this. For that is how long it has taken to get the truth from the horse’s mouth. To listen to David Shyster of MSNBC, with his version of news, you’d think Palin was leaving politics. This was the crawl caption plastered below Shuster’s facetious face:

Palin Leaving politics for good.

A bit of wishful thinking.

The same odious character was quick to conduct the ubiquitous interviews with Palin’s Alaskan GOP rivals. You see, beamed Shyster, a lot of sensible Republicans believe Palin lacks gravitas (something Barney Frank oozes).

Why my prudent wait? For the first few hours following the announcement, the cable culprits failed to screen Palin’s brief press conference announcing her resignation. When they finally did, the short resignation speech was truncated, and only the incoherent parts excerpted, as Anderson Cooper pulled ugly faces, and his colleague Candy Crowley feigned horror.

Why?

Our faux journalists and their producers are quite capable of screening and re-screening clips they like at a rate that would drive the placid Dalai Lama to a homicidal rage.

Granted, Palin, as I have said before, doesn’t know when to stop rambling. That much is true. But her announcement was, for the better part, perfectly coherent and even inspired in places (hell, anyone who favorably mentions the Tenth Amendment and States’ Rights inspires me, if only fleetingly).

Here it is. Decide for yourselves.

Update (July 4): To those on whom distinctions, made in plain English, are lost, this post, of course, is a critique of the coverage of the Palin resignation, not an endorsement of the woman’s political plank, an impossibility for this classical liberal.

For more on Palin—her empty homilies to our dead-as-a-doornail Constitution, her profoundly feminist, mod approach to her daughter’s foray into siring a (poor) bastard baby, her promises to erect unconstitutional government departments to serve the retarded, her whooping it up for equally unconstitutional, immoral wars, her selling her soul by soaking up McMussolini’s creed; on-and-on—all in the Sarah Palin archive, on your right.

Did she display promise? Of course. You’d have to be an idiot, or an envy-riddled female, or both, not to recognize her Reaganesque charisma (although he served as governor for 9 years, no quitting). But she has shown no learning curve.

Take this bit from her resignation speech:

“…this most recent trip to Kosovo and Landstuhl, to visit our wounded soldiers overseas, those who sacrifice themselves in war for our freedom and security… we can ALL learn from our selfless Troops… they’re bold, they don’t give up, they take a stand and know that life is short so they choose to not waste time. They choose to be productive and to serve something greater than self… and to build up their families, their states, our country. These Troops and their important missions – those are truly the worthy causes in this world and should be the public priority with time and resources and not this local / superficial wasteful political bloodsport.”

[SNIP]

I mean, what on earth are we still doing in Kosovo, and how does that relate to “freedom” here at home, the proper purview of a constitutional government?! This Bush-era neocon nonsense I do not miss. As for the “military” being so much better than the rest of us, to quote, “I confess to growing as sick-and-tired of the odes to the military in militarized America, as I have of the constant fretting over the toll stratospheric state debt will take on ‘our children.’ (What about all us stiffed working stiffs?) About the country’s under-educated, over-indulged, hyper-sexed, super-confident kids I don’t care. (I’m confident the homeschooled among them will survive on this road to serfdom.) The military is certainly no more deserving than the rest of us…”