Archive for the ‘obama tax hikes’ Category

As the legality of the Patient Protection and Affordable Care Act – a.k.a. Obamacare – goes before the highest court in the land, here are three reasons to chuck the whole program even before it gets underway.

1. It Represents the End of Limited Government. The Supreme Court will issue its verdict later this spring of course, but there’s no question that if the government can force you to do something simply because you exist and draw breath, then the American experiment in limited government is over and done with. Whether it’s the mandating of eating broccoli or buying insurance, a government that can make you do whatever it wants just ain’t in the American grain.

2. Its Price Tag is Already Ballooning. The latest government estimate of cost tells us what we already knew. Health-care reform is going to cost us a lot more than the arm and the leg it’s supposed to save us. The Congressional Budget Office is now saying that the first full decade of Obamacare is going to cost about $1.8 trillion , or double the original estimate used to sell the program.

3. Obamacare Won’t Make Us Healthier. Health insurance isn’t the same thing as health. Most of us might end up paying more for health care under the new law, but there’s precious little evidence that coverage itself leads to lower medical costs. A 1993 study by the RAND Corporation found that “for the average person, there were no substantial benefits from free care .” Not smoking, eating moderately, and not boozing it up provide greater health benefits than any low-deductible, low-co-pay insurance plan.

For links to all claims made in the video, go to http://reason.com/blog/2012/03/25/3-reasons-to-kill-obamacare-before-it-be

Produced by Meredith Bragg; written by Nick Gillespie, who also narrates. Gillespie is co-author of The Declaration of Independents: How Libertarian Politics Can Fix What’s Wrong with America, available at Amazon and B&N.

Vodpod videos no longer available.

Advertisements

Vodpod videos no longer available.

I have been wondering about the seemingly incoherent policies propagating out of the District of Corruption and trying to develop a model of thinking and goals that would be consistent with the insanity. I have had to abandon any thought of citizen or taxpayer well-being or maintenance of American exceptionalism in order to come up with a somewhat consistent model.

The District of Corruption has become, in essence, a wholesale club sized Faculty Lounge that has developed a plan to run the country as a university focused on the welfare of the faculty over the students or the payers of the tuition.

First is the plan to get out of debt seems to be Quantitative Easing III, IV, V, VI, and however many more it takes to make all those outstanding Treasury Bills (and their interest obligations) worthless. The fact that it will impoverish the American citizenry is as Microsoft used to say, “not a bug, but a feature.” It will wipe out the rich as well as the successful and the thrifty, thus putting all citizens’ welfare in the hands of those best qualified to judge a persons worth (no not the free market, that is seen as cruel, unfair and idiotic to the insufficiently rewarded, it must be those with the wisdom of Solomon, the Tenured).

This destruction of the dollar not only gets us out of debt while punishing those so rude to have been more successful in the free market than the new masters, but also sets the stage for the resurgence of America as a “properly structured society.” In other words the serfs need to acknowledge their proper place in the presence of their accredited and credentialed betters.

That brings us to the master stroke. In claiming that the oil companies get a “tax incentive” by writing off business expenses such as depreciation, exploration, and the cost of failed production attempts (things that legitimate costs of doing business in every other business, just bigger numbers in the oil business), the stage is set for the DOE to revoke all leases and nationalize the oil fields. After the dollar has been destroyed and whether the new currency that purchases oil is a “basket of currencies” or the PetroBuck® the wealth in the oil fields of what was previously called the United States will be more than enough to support the proletariat in their virtual slavery while the masters party like Nero. Issuing decrees as the Gods from Olympus (you have to “properly guide” those serfs, dontcha know?).

An inherited anticolonialist rage against domination by Western civilization, stemming from the beliefs of Obama’s father is what drives the President. D’Souza lays it all out in his book “The Roots of Obama’s Rage,” which you can get for free when you order Townhall Magazine. In this mind-blowing book D’Souza explains why Obama’s economic policies are designed to intentionally make America poorer, why he welcomes a nuclear Iran, why he sees the United States as a rogue nation, and much more.

For a example of D’Sousa’s premise read “Obama’s Problem With Business” here.

Vodpod videos no longer available.

Donate to help end wasteful deficit spending at http://www.cagw.org. This new ad is part of an ongoing communications program in CAGW’s decades-long fight against wasteful government spending, increased taxes, out-of-control deficit spending, and a crippling national debt that threatens the future and survival of our country.

Vodpod videos no longer available.

Chinese Professor, posted with vodpod

Vodpod videos no longer available.

Mr. Langone is a former director of the New York Stock Exchange and co-founder of Home Depot,and is chairman of Invemed Associates.

A little more than 30 years ago, Bernie Marcus, Arthur Blank, Pat Farrah and I got together and founded The Home Depot. Our dream was to create (memo to DNC activists: that’s build, not take or coerce) a new kind of home-improvement center catering to do-it-yourselfers. The concept was to have a wide assortment, a high level of service, and the lowest pricing possible.

We opened the front door in 1979, also a time of severe economic slowdown. Yet today, Home Depot is staffed by more than 325,000 dedicated, well-trained, and highly motivated people offering outstanding service and knowledge to millions of consumers.

If we tried to start Home Depot today, under the kind of onerous regulatory controls that you have advocated, it’s a stone cold certainty that our business would never get off the ground, much less thrive. Rules against providing stock options would have prevented us from incentivizing worthy employees in the start-up phase—never mind the incredibly high cost of regulatory compliance overall and mandatory health insurance. Still worse are the ever-rapacious trial lawyers.


Click here to read the rest.