Posted tagged ‘Obama Care’

Must Reads For The Week 1/10/15

January 10, 2015
The pen is mightier than the sword...

 The pen is mightier than the sword… (Photo credit: mbshane)

7 Things The Middle Class Can No Longer Afford, by Elizabeth Allen, at thefederalistpapers.org. This partial list shows the gradual decline in the standard of living for the feudal serfs, although our feudal lords (people in Government, crony capitalists, and wall street banks) are doing quite well thank you.

For The First Time Since Gallop Started Polling, People Say The ‘Biggest Problem’ In America Is ‘The Government‘, at targetliberty.com. We’re starting to crack the bolder about the myth of benevolent Government. Keep swinging the sledge-hammer.

Harvard Professors Are In An Uproar The Healthcare Advice They Gave Us Is Being Applied To Them, at economicpolicyjournal.com. “What! We have to abide by the rules the serfs have to follow! I thought we were a part of the ruling aristocracy!”

Minimum Wage Hike Forces Nonprofit Restaurant To Close, by Michael Saltsman, at economicpolicyjournal.com. I bet the Republican legislators are patting themselves on the back for how charitable they were to minimum wage workers when they raised the minimum wage. I have a math question for them, what’s zero times any number?

The Future Is Changing: South African Man 3D Prints A Working Lawn Mower, at economicpolicyjournal.com. We will not recognize the change that’s coming because we will be living inside the change. It will be incremental and therefore barely recognizable. You don’t notice how you’ve aged if all you do is look in the mirror everyday. But if you look at a picture of yourself from 20 years ago the change is obvious.

2015 Could Finally Be The Year We Can Cut The Cord, by Bryan M. Wolfe, at appadvice.com. Another example of how things are changing. Cable and satellite TV are losing market share because of the advance of technology.

Uber Is Going To Eat Your Children: The Top Tech Trends Of 2015, Kevin Maney, at newsweek.com. The Uber model is being tried in other industries. GlamSquad, BloomThat, and GreenPal are examples.

Towns Close Sledding Hills Because Of Liability Fears, at nydailynews.com. I guess all of us must be held responsible for the actions of particular individuals. This is what happened in the TARP bailout of 2008. Wall street was bailed out of their irresponsible actions by the tax payers.

Acceptance Rates At US Medical  Schools Reveals Discrimination Against Asians And Whites, by Mark J. Perry, at carpediemblog. Acceptance standards for medical school applicants are being lowered. When you lower standards, you get lower quality. As Thomas Sowell says, “Lowering standards for those unable to meet them only endangers the very benefits those standards produce. Standards do not exist for no reason.”

Sharyl Attkisson Sues Administration Over Computer Hacking, by Howard Kurtz, at foxnews.com. Sharyl Attkisson is a journalist who isn’t going to be intimidated by Government officials. This push back against Government encroachments on our freedoms is hopefully gaining momentum.

The Most Powerful Image About “Radical Muslims” And “Radical Christians“, by Steve Straub, at thefedralistpapers.org. The contrast between the two is 180 degrees apart.

Cartoonists React To Charlie Hebdo Massacre With Ink And Pen: by Steve Straub, at thefederalistpapers.org. “The pen is mightier than the sword.” Here are a few examples.

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Random Thoughts by Thomas Sowell

February 12, 2014

Thomas Sowell

Thomas Sowell’s random thoughts columns always make you think. His most recent Random Thoughts Article (read here), is no exception. Here are some excerpts.

“It is amazing how many people still fall for the argument that, if life is unfair, the answer is to turn more money and power over to politicians. Since life has always been unfair, for thousands of years and in countries around the world, where does that lead us?”

“Despite the rhetoric, the goals or the intentions of the political left, the world they seek to create is a world where decisions are taken out of the hands of ordinary citizens and transferred to third parties. ObamaCare is the latest example of this trend, and can now join the long list of the “compassionate” catastrophes of the left.”

“With his decision declaring ObamaCare constitutional, Chief Justice John Roberts turned what F.A. Hayek called “The Road to Serfdom” into a super highway. The government all but owns us now, and can order us to do pretty much whatever it wants us to do.”

“Once, when I was teaching at an institution that bent over backward for foreign students, I was asked in class one day: “What is your policy toward foreign students?” My reply was: “To me, all students are the same. I treat them all the same and hold them all to the same standards.” The next semester there was an organized boycott of my classes by foreign students. When people get used to  preferential treatment, equal treatment seems like discrimination.”

 

Must Reads For The Week 4/27/13

April 27, 2013

The pen is mightier than the sword...

The Decline of  Self-Employment and Small Business, by Charles Hugh Smith at oftwominds.com. Most job creation happens in small businesses. The decline in small businesses means a decline in jobs.

Genes and Racism, by Thomas Sowell at jewishworldreview.com. Genetics and discrimination were used as explanations for group differences, at different times in history.

Environmentalism’s Seven Deadliest, Most Destructive Power Grabs, at cfact.org. Just scan the top six, and then read the #1 deadliest power grab. It tells you all you need to know about what the hardcore believers really think.

Why Obama Care May Cost You Your Job, by John C. Goodman at townhall.com. Employees and employers search for ways to avoid the mandates, just like our founders tried to avoided British tyranny. Liberty is in our DNA.

Central Banks Join The Herd, Openly Buying Stocks In Record Amounts, at zerohedge.com. When the central banks counterfeiting doesn’t work, “who gets caught holding the bag?  What chairs are left when the music stops”?

Thomas Sowell, Human Capital More Important Than Physical Capital.

March 11, 2013

Thomas Sowell discusses the effect of foreign aid on human capital in the countries receiving it in this interview with William F. Buckley on his show Firing Line. It is from his book “The Economics And Politics Of Race”, written in 1983, (a book I highly recommend). If foreign aid affects human capital in the countries who receive it, how much does our bloated welfare system, and Government regulations affect the human capital of our own country today?

Quotes from the video about foreign aid, “..you are simply transferring the wealth that has already been created, but you are not transferring the ability to create that wealth……too often in foreign aid you are rewarding people for doing all the wrong things….you are subsidising irresponsibility.

Physical capital is the tools, machines, and infrastructure used to produce goods and services, which in turn increases the wealth of a country. Human capital is the knowledge and skills needed to maintain and increase this physical capital stock. (more…)

“You Never Let A Serious Crisis Go To Waste.”

December 18, 2012
English: President Obama with White House Chie...

English: President Obama with White House Chief of staff Rahm Emanuel in the parlor of Air Force One (Photo credit: Wikipedia)

The full quote, “You never let a serious crisis go to waste. And what I mean by that it’s an opprotunity to do things you think you could not do before.” is by Rahm Emanuel, former White House Chief of Staff under President Obama. This reflects the thinking of Saul Alinsky, who wrote “Rules for Radicals.” “Rules for Radicals” is the default position the President, and Emanuel operate under. If you understand this, it will be easier to analyse everything they say and do.

Here is the template. 1) Use a tragedy as a crisis, or create a crisis where none exists. 2) Paint the crisis with as much emotion as possible, and throw logical analysis out the window. 3) Propose the one and only solution to the problem, which just happens to coincide with what you’ve wanted to implement for many years. 4) Paint anyone who opposes your one and only solution as evil, uncaring, not smart enough to understand the nuanced brilliance of your solution, or in the pockets of …. you pick the evil entity. 5) Force the solution on the people by any means, whether legislatively, by executive order, or through the legal system. 6) When the unintended consequences of your solution rear their ugly head, use them as a reason for more brilliant solutions to made up crises . (more…)

Government Intervention And It’s Consequences.

December 5, 2012

I found this video on EconomicPolicyJournal.com, it is by Nick Gogerty at gogerty.com. You will visually see the inflating of the housing bubble caused by Federal Reserve money printing. You will also see the bursting of the housing bubble, a bubble which would have never been created in the first place, if not for the Fed’s money pumping.

A toxic brew of, 1)  Government mandating lower lending standards, 2) the Federal Reserve printing the funding for these loans, and 3) the artificial lowering of interest rates because of this counterfeiting, created mortgages that could not possibly be paid back. Banks got bailed out by the Federal Reserve’s purchase of mortgage-backed securities through (more…)