Category Archives: Regulation

Updated: ‘The System’ Did It

Free Markets, Government, Homeland Security, Intelligence, Propaganda, Regulation, Terrorism, The State

“A nimble adversary” is how Obama characterized a bunch of rag-tag terrorists—Al Qaeda in the Arabian Peninsula—who had resorted to recruiting for their mission a clumsy, inept boy, about whom ample warnings existed in “The system.”

Mr. Abdulmutallab was not placed on the no-fly list “despite the government’s having information that showed him to be not only a threat, but also a threat with a visa to visit the United States.”

Inflating 23-year-old Umar Farouk Abdulmutallab’s abilities does wonders to lessen our failings, which are legion.

Remember and rehearse: What failed was the (intelligence) system. No flesh-and-blood was involved in the many monumental mistakes. All there was was an amorphous thing called “The system.”

Pray tell if you know of a private company, subject to market forces, getting away with assigning blame to their “system,” rather than to its constituent parts—individual operators. Such a firm would be without customers.

(And people who know they’d get fingered and fired from their private-sector jobs for such failings are clamoring for a public option to serve as competition to the health care insurance industry.)

Under the stumble-bumble Bush administration, we experienced, and forgave, the criminal negligence that facilitated the most devastating terrorist attack on US soil.

Condy Cow (CC) ignored “a 1999 report by the Library of Congress stating that suicide bombers belonging to al-Qaida could crash an aircraft into U.S. targets,” stating that it belonged to the realm of analysis, and wasn’t ‘actionable intelligence.'”

We’re still debating the same disconnected darn dots.

CC then blamed her ineptness on the need to reform Washington’s atrophied alphabet soup of intelligence agencies. Ten years on, the Obama administration is doing the same, although to his credit, the president has taken responsibility for the failures; says they embarrassed him, and accuses his people of letting him down (brownie point for Barack).

The bare-bones truth is that the National Security Council, headed by Rice, was an office created to advise the president on anything relating to national security and to facilitate inter-agency cooperation. If suspicion existed – analytic, synthetic, prosaic or poetic – Rice should have put the squeeze on the system she oversaw.”

The same goes for the people (the same folks, really) operating “The System” today.

On Condy’s watch America experienced perhaps the worst intelligence lapse ever: Remember the Phoenix FBI agent who wrote a memorandum about the bin Ladenites who were training in U.S. flight schools? Agent Ken Williams’ report was very specific. Over and above the standard sloth the memo met in the Washington headquarters, it transpired that the FBI was as concerned about ‘racial profiling’ then as it is today.

Since Bush, the way we talk about security failures has changed little, bar some semantic tweaks. Neither will it. There are simply no incentives in a government “system” to make it amenable to corrective feedback. The reason nothing changes is because of the nature of “The System.”

Update (Jan. 8): And the concept of terrorism in its aspirational stage? What state-speak is that?

Updated: 'The System' Did It

Free Markets, Homeland Security, Intelligence, Propaganda, Regulation, Terrorism, The State

“A nimble adversary” is how Obama characterized a bunch of rag-tag terrorists—Al Qaeda in the Arabian Peninsula—who had resorted to recruiting for their mission a clumsy, inept boy, about whom ample warnings existed in “The system.”

Mr. Abdulmutallab was not placed on the no-fly list “despite the government’s having information that showed him to be not only a threat, but also a threat with a visa to visit the United States.”

Inflating 23-year-old Umar Farouk Abdulmutallab’s abilities does wonders to lessen our failings, which are legion.

Remember and rehearse: What failed was the (intelligence) system. No flesh-and-blood was involved in the many monumental mistakes. All there was was an amorphous thing called “The system.”

Pray tell if you know of a private company, subject to market forces, getting away with assigning blame to their “system,” rather than to its constituent parts—individual operators. Such a firm would be without customers.

(And people who know they’d get fingered and fired from their private-sector jobs for such failings are clamoring for a public option to serve as competition to the health care insurance industry.)

Under the stumble-bumble Bush administration, we experienced, and forgave, the criminal negligence that facilitated the most devastating terrorist attack on US soil.

Condy Cow (CC) ignored “a 1999 report by the Library of Congress stating that suicide bombers belonging to al-Qaida could crash an aircraft into U.S. targets,” stating that it belonged to the realm of analysis, and wasn’t ‘actionable intelligence.'”

We’re still debating the same disconnected darn dots.

CC then blamed her ineptness on the need to reform Washington’s atrophied alphabet soup of intelligence agencies. Ten years on, the Obama administration is doing the same, although to his credit, the president has taken responsibility for the failures; says they embarrassed him, and accuses his people of letting him down (brownie point for Barack).

The bare-bones truth is that the National Security Council, headed by Rice, was an office created to advise the president on anything relating to national security and to facilitate inter-agency cooperation. If suspicion existed – analytic, synthetic, prosaic or poetic – Rice should have put the squeeze on the system she oversaw.”

The same goes for the people (the same folks, really) operating “The System” today.

On Condy’s watch America experienced perhaps the worst intelligence lapse ever: Remember the Phoenix FBI agent who wrote a memorandum about the bin Ladenites who were training in U.S. flight schools? Agent Ken Williams’ report was very specific. Over and above the standard sloth the memo met in the Washington headquarters, it transpired that the FBI was as concerned about ‘racial profiling’ then as it is today.

Since Bush, the way we talk about security failures has changed little, bar some semantic tweaks. Neither will it. There are simply no incentives in a government “system” to make it amenable to corrective feedback. The reason nothing changes is because of the nature of “The System.”

Update (Jan. 8): And the concept of terrorism in its aspirational stage? What state-speak is that?

Updated: Liberals Rejoice

Healthcare, Left-Liberalism And Progressivisim, Regulation, Socialism

Sixty Democratic members of the Senate wrapped up what they had begun a few days back. On December 21, the Slimy Sixty voted to end debate on their version of the health care bill, a vote commonalty referred to as Cash for Cloture, for the bribes it required. Republicans have been impotent in this debate. Their conduct while in power during the last decade has guaranteed—and certainly warrants—their neutered status for years to come. Besides, when Republicans do raise objections, these are generally procedural, not principled. No, it was the ConservaDems who got to call the shots and dip their snouts deep in the troughs.

A left-liberal blogger like the righteous Ezra Klein of the WaPo believes that “the senators making up this morning’s 60 votes actually represent closer to 65 percent of the population. Harry Reid has much to be proud of today,” he quips.

[One of my favorite observations in Paul Gottfried’s “Encounters” is the one about “the Archie Bunkers” of America having gone the way of the dinosaur. That generation, Paul writes, “Has been replaced by a multitude of vastly more radicalized versions of Meathead, Archie’s fashionable liberal son-in-law who by now could be an editorial writer for the Wall Street Journal.” Or the WaPo, like young Klein.]

I tend to agree with Ezra that Americans have driven this move to recognize a commodity/good (health care services) as a natural right.

Klein is celebrating:

“[T]his bill will do most of the things supporters hoped it would do: cover about 95 percent of all legal residents, regulate insurers, set up competitive exchanges, pretty much end risk selection, institute a universal structure that we can improve and enhance as the years go on, and vastly reduce both medical and financial risk for families.”

No doubt, the “118 new boards, commissions and programs” created by the government will deliver medicine like never before.

Chuckie Krauthammer has a few half decent suggestions—tort reform, deregulation, interstate competition—except that as an establishment Republican, Chuckie swims in pretty polluted waters. He believes that “insuring the uninsured is a moral imperative”; and that taxing “employer-provided health insurance” the way to go. As I said, always procedure, never principles: that’s the Republicans for you.

Click BAB’s “Health Care & Fitness” Search Category for more.

Update (Dec. 26): “Given the degree to which the insurance market is going to be further regulated,” I wrote in “Healthcare Hell Ahead,” insurers will gradually divest of their market share, leaving so big a gap that the State will assert the need to move in by ‘necessity.'”

Peter Schiff postulates about a “devious possibility. Perhaps our elected officials actually intend to bite the hands that feed them. They could double-cross insurance companies by not raising the fine in five years, thereby forcing the industry into bankruptcy as millions of healthy people opt-out. During the ensuing ‘insurance crisis,’ our courageous leaders could ride to the rescue with a nationalized, single-payer system.”

Schiff on why the Bill is the beginning of the end of private insurance industry:

“This first round of reform could be labeled as the ‘neutron bomb’ of the insurance industry: it leaves some of the private apparatus standing, but it irradiates whatever remains of the industry’s market viability.

The bill’s centerpiece is a clause prohibiting insurers from denying coverage based on a pre-existing medical condition. However noble and marketable an idea, this proscription removes the very basis upon which any insurance model operates profitably.

A system of insurance requires that premiums be collected from a pool of low-risk people so that funds are available in case a high-risk event befalls a particular person. In that way, premiums can be low and coverage can be widely available, even if the benefits offered are hypothetically unlimited.

For example, homeowners buy fire insurance even though their houses are very unlikely to burn down. Recognizing that a fire could wipe them out financially, most homeowners endure the cost of coverage even if they never expect to collect. The same model applies to health insurance in a free market.

However, the health care bill removes the need for healthy individuals to carry insurance. Knowing that they could always find coverage if it were eventually needed, people would simply forgo paying expensive premiums while they are healthy, and then sign on when they need it. But insurance companies cannot survive if all of their policyholders are filing claims!” …

Updated: The CBOafs (They Really Can’t Count)

Barack Obama, Business, Government, Healthcare, Reason, Regulation, Socialism

In trying to sell the viability of BO’s Health plans, the oafs at the Congressional Budget Office (CBOafs) posit at least one scenario that doesn’t wash. Check the tables attached (via the WSJ). The CBOafs would like you to believe that an employer will choose NOT to drop a $10,000 health benefit for a paltry penalty of $750, thus saving $9,250, in the case of a high-valued employee. In an employer’s market??! Where are they living? Have they even surveyed the private sector?

This is, it would seem, a postulate ObamaCare is premised upon. The bastards.

NA-BC960A_BIZHE_NS_20091222215544

Update I (Dec. 23): THEY REALLY CAN’T COUNT. The “CBO has discovered an error in the cost estimate released yesterday,” the correction of which “reduces the degree to which the legislation would lower federal deficits in the decade after 2019,” confessed the Chief CBOaf. The entry, tucked away on the “Director’s Blog,” made select TV headlines today.

Call me simple, but with the prospect of merging one Bill (The House’s) that’s estimated to cost more than $1 trillion over the next 10 years (according to the “nonpartisan” CBOafs) with another (The Senate’s) priced at $871 billion over the next 10 years (CBOafs again)—I’m unclear how the cost curve, as they put it, will be bent.