Views on the News
Views on the News*
February 27, 2016
Liberals like Hillary Clinton and Bernie Sanders represent the worst of America, children in grown-up positions, obstinate in their ignorance. They abhor free market capitalism, limited government, fiscal responsibility, faith-based anything except faith in government, self-determination, individual responsibility, anything traditional or time-tested. They assume they know everything and yet know nothing. President Reagan observed: “It isn’t so much that liberals are ignorant. It’s just that they know so many things that aren’t so.” Liberals care nothing about history, what works and doesn’t work, and they insist that what they don’t like, you can’t have. They produce nothing and they create nothing. They are the parasites that live off other people’s honest labor, get rich from it and then tell anyone that those same hard-working people are being taken advantage of by a brutal and unfair system.
o Liberals are children who never grew up, the Peter Pan syndrome. Sanders and Clinton insist on playing the parental role even though they are still children themselves. They want government to take over where parents left off. Everything needed should be given freely. Like children’s thought process, cost is never a concern.
o Like children, liberals are confused and inconsistent on so many levels. They hate Nazis like Adolf Hitler and Heinrich Himmler yet idolize communists like Castro and Mao. They loathe the Aryan Nation and love Che Guevara. The KKK is bad, but the New Black Panther Party is good.
o Liberals insist that our Constitution is living and breathing rather than foundational. They don’t realize that anything living and breathing eventually dies.
May our beloved liberal children finally grow up, and may the rest of us, like good parents of yesteryear, choose effective parenting by spanking them occasionally.
(“Because Growing Up Is So Hard To Do” by Ray Dilorenzo dated February 19, 2016 published by Canada Free Press at http://canadafreepress.com/article/because-growing-up-is-so-very-hard-to-do )
Socialism’s comeback is mystifying to most clear-thinking people. The remarkable thing about the rise of Bernie Sanders is that his popularity runs in the counter-direction to how socialism is actually working. Liberals used to point to places like France, Italy, Greece and even Cuba as worker paradises that offer citizens lots of free things: child care, health care, higher education, food, housing, a guaranteed income with high minimum wages. Today they are basket cases and in many of these nations the government bonds are junk status. Greece, of course, is modern socialism on steroids. The nation is in de facto bankruptcy because Athens can’t cover the runaway costs of all the free things the government offers: government pensions, paychecks, medical exams, or welfare benefits. Fifty percent of young people don’t have a job and over half of Greeks retire before age 60. The wagon is full and no one is left to pull it. Greece isn’t alone! Argentina, Italy, Spain, Portugal and France, as well as the United States, experimented with quasi-socialist governments in the last decade. Almost all of these countries are in recession or have anemic growth. The comeback of socialism and the obsession with redistributing income and wealth through confiscatory tax rates, helps explain why so many of the wealth producers and employers are on strike. Bernie Sanders points to “socialist success stories” like Sweden and Denmark, but even they have been mugged by a reality that free things for those who don’t work for it can be a recipe for disaster. Now they are moving away from pure-bred Bernie Sanders socialism as we move toward it. Sweden, for example, has cut its corporate income tax and eliminated its inheritance tax, both positive steps. As refugees pour into Sweden, the voters are wondering whether the nation can continue to provide so many free services without running out of money. Here at home, we have a “progressive” President who has presided over an economic mess, and now all the Democrats can say as voters rage against the cascade of false promises of “hope and change,” is that we didn’t go far enough in the socialist direction. The Heritage Foundation just released its latest Economic Freedom of the World index. Economic freedom is, of course, the opposite of socialism. Nations that are economically free have free trade, small welfare states, low taxes, a light hand of regulation, private ownership of the means of production, and the rule of law. Countries that are economically free have five times the average income of countries that are the least free. Not only that, economic freedom is also highly correlated with better education, improved health, and a cleaner environment. The poor do better in nations that are economically free and worse in Bernie Sanders land. Countries that are economically free are healthy, wealthy, and wise, but this reality seems to be lost on those high on the drug of socialism.
(“Socialism’s strange appeal” by Stephen Moore dated February 21, 2016 published by Washington Times at http://www.washingtontimes.com/news/2016/feb/21/stephen-moore-socialisms-strange-appeal/ )
Growth is the No. 1 issue of this Presidential campaign, even beating out national security, which is, of course, also very important. Strong economic growth leads to aspirational confidence for all people, but particularly the middle class, which is in revolt. The beleaguered working class are angry at the so-called "ruling class." They are getting a smaller bite of the economic pie, which itself is barely growing. The Republican candidates, who have barely mentioned growth in their campaigning, look so uninspired. They have stopped speaking to the worries, crankiness and anger of the middle class. The GOP race has become a huge catfight: Candidates snarling at each other; charges of lying and dirty tricks; fake images in campaign ads; underhanded push-pull phone banks, and focusing on something somebody said last year, or three years ago, or 20 years ago. The Republicans are campaigning to lose. The central reason for this is that they've lost the optimistic and winning message of economic growth. Slow growth is the overriding economic issue of our time. From 1950 to 2000, the U.S. economy grew at an average rate of 3.5% per year. Since 2000, it has grown at half that rate, 1.7%. With less than 2% growth in the last 15 years, real-income progress has been stopped. The GOP should be quoting some of these numbers and hammering home the point. Reagan used statistics, but no one is using them now. It's not just the numbers; it's hope, optimism and leadership, too. The Republican message must be geared directly toward the discontent and pessimism that has taken over the middle class. The problem is not inequality, as the Democrats would have us believe; the problem is the lack of growth. The GOP candidates do have good policy ideas on reforming taxes, regulations and spending, and the need for stable money, but they barely talk about these policies anymore, and when they do, they don't slam it home. Even Democrat economists are attacking the high-spend policies of Bernie Sanders. He'll bankrupt the country, if we're not bankrupt already. Hillary Clinton's program is not just Sanders Lite. Some economists have calculated that her spending plans would require a 69% personal tax rate. Average working folks know that will not grow the economy. The GOP must get back to this message of economic growth, or they will blow the November election.
(“A Growth Message, Not Catfights, Will Propel the GOP to November Victory” by Larry Kudlow dated February 20, 2016 published by Town Hall at http://townhall.com/columnists/larrykudlow/2016/02/20/a-growth-message-not-catfights-will-propel-the-gop-to-november-victory-n2122185 )
The Obama administration will tell any lie and break any law to prevent this signature health-care program from collapsing, and insurance companies such as UnitedHealthcare and Aetna are losing billions trying to sell ObamaCare plans, and the risk is they’ll drop out at the end of 2016. No insurance companies means no ObamaCare. In 2014, the White House tried to avert that disaster by promising insurers a taxpayer-funded bailout, but public outrage and quick action by Senator Marco Rubio put a stop to it. Now the administration is at it again. On February 12th, the Obama administration announced that the money will be handed out to insurers, a whopping $7.7 billion this year alone. This is money that everyone has been forced to pay, called a reinsurance fee. The fee is buried in your premium or taken out of your compensation. The text of the Affordable Care Act is clear as a bell on what this money can be used for. The law states a fixed share “shall be deposited into the general fund of the Treasury of the United States and may not be used” to offset insurance companies’ losses. The administration gave all of it to the insurance companies last year, and got away with that heist, so now they’re trying it again. Anyone in the corporate world who misused funds that way would be headed to prison. This rogue administration is going to any length, including running afoul of the law, to keep insurers hooked into ObamaCare. Last year alone, Blue Cross Blue Shield of Texas got $549 million of these reinsurance funds, while Anthem Blue Cross of California got $401 million. The announcements of these payments were buried in mind-numbing federal agency releases announced on a Friday afternnoon, heading into a holiday weekend. ObamaCare was sold on lies: You can keep your health plan if you like it; you can keep your doctor if you like your doctor. Then, once it was passed, the administration resorted to a long string of lawless executive actions to keep an unworkable scheme going, despite the damage being done to employers, doctors and consumers. The administration’s diversion of public funds to its insurance-company cronies is just the latest defiance of the law. The President has illegally delayed the employer mandate repeatedly. He’s handing out free ObamaCare plans to illegal immigrants. Statutory deadlines are routinely ignored, and funds are slyly shifted from one program to another, the law be damned. Ultimately, ObamaCare is imperiling not only our health and our nation’s economic growth, but even our nation’s most precious asset, the rule of law.
(“Obama is looting the Treasury to pay off insurers” by Betsy McCaughey dated February 21, 2016 published by New York Post at http://nypost.com/2016/02/21/obama-is-looting-the-treasury-to-pay-off-insurers/ )
There is so much published each week that unless you search for it, you will miss important breaking news. I try to package the best of this information into my “Views on the News” each Saturday morning. Updates have been made this week to the following sections: