Views on the News
June 27, 2009
Views
on the News*
Eroding confidence in
President Barack Obama’s handling of the economy and ability to control
spending has caused his approval ratings to wilt to their lowest levels since
he took office, according to a spate of recent polls, a sign of political
weakness that comes just as he most needs leverage on Capitol Hill. Polls
consistently find he is personally more popular than his major policies. That situation is unsustainable - something
has to give. The first law of politics
says the two must eventually get in sync. The trend lines among a variety of polls over
the past several days are unmistakable: Independents and even some Republicans
who once viewed him sympathetically are becoming skeptical, and many people of
all stripes are anxious about economic and fiscal trends. Two found decline in Obama's job approval
ratings down five to eight points, while the disapproval jumped by seven points
in the same period. Most important,
independents dropped dramatically, from nearly a two-to-one approval to closely
divided. The single most important issue
is the economy, with 81% of voters rating it very important, compared to 49%
for health care. Most Americans (54%)
view the job Obama is doing on the economy in a negative manner, and voters now
trust Republicans more than Democrats, 45% to 39%, on the economy. Nearly 70% of those polled are worried about
Obama’s intervention in the economy and 58% said Obama and Congress should
focus more on the deficit. The Pew
Research center found Obama's approval on the economy has declined from 60% in
April to 52% now. A third poll found 60%
of Americans believe Obama doesn't have a plan to deal with the deficit. Less than half approve of how he is dealing
with health care and automakers. He says
the deficit keeps him awake at night, yet he spends his daytime hours adding to
it, most recently with a health bill that would cost at least $1 trillion over
10 years. More than three-quarters of
voters (76%) are concerned that Obama's budget "will increase spending too much" with 49% being "very concerned.” The biggest lagging indicator is not the
unemployment rate, it is consumer feeling about the economy. If this economy isn’t
showing strong improvement by the second quarter of next year, that is going to
be the framework for the 2010 election, and the Obama people know it.”
The founders of this
nation expected the "fourth estate"
to keep government honest by informing the public of the truth. Freedom of the press was
included in the Bill of Rights for a reason. When the press becomes a
creature of government, and freely declines to report fully, completely and
honestly to the public then it is no longer free. The media no longer
cares about reporting the facts, and prefers to act as publicity agents
instead. An example this week is a New York Times/CBS News poll that
stacked the sample demographics with Obama supporters to justify higher than
normal support for government health insurance plans. Television will provide Barack Obama with free
time, pre-empting prime time entertainment for what amounts to an infomercial
promoting nationalized health care. The Mainstream Media has ceded their independence and become lapdogs
to the liberal administration.
Despite signs that the
recession gripping the nation's economy may be easing, the unemployment rate is
projected to continue rising for another year before topping out in double
digits, a prospect that threatens to slow growth, increase poverty and further
complicate the Obama administration's message of optimism about the economic
outlook. The likelihood of severe unemployment extending into the
2010 midterm elections and beyond poses a significant political hurdle to
President Obama and congressional Democrats, who are already under fire for
what critics label profligate spending. Continuing
high unemployment rates would undercut the fundamental argument behind much of
that spending: the promise that it will create new jobs and improve the
prospects of working Americans, which Obama has called the ultimate measure of
a healthy economy. With many forecasters
projecting unemployment to remain above 10% next year and not return to
pre-recession levels of roughly 5% for years after that, Obama is likely to be
confronted with defending the effectiveness of his economic policies as the
nation endures its worst employment situation in a generation. Americans are really starting to get weary of
constantly hearing the Obama Administration’s chatter about what the Democrats
perceive as our latest and greatest crisis.
First we had a Wall Street Crisis of
major financial markets, then an AIG Insurance Crisis
and its multiple meltdowns in almost every aspect of our economy, followed by the
Fannie Mae and Freddie Mac Crisis and along with
it the Mortgage Crisis, that had not cooled
before we had the Bank Crisis, which was also
multi-urgent because it brought about a Credit Crisis,
followed shortly thereafter by a Bonus Crisis to
contend with and a Compensation Crisis that has
too many senior executives making too much money. We can’t forget about the Chrysler Crisis and the General
Motors Crisis that brought about a host of mini-crisis concerns from
lost jobs to lost shareholder value to downturns in the economies of cities where
dealerships were closed. Meanwhile we
were told about an Energy Crisis and “need” to move
to alternative energy sources, followed by a Climate
Crisis with its own Carbon Footprint Crisis. The direst warning is reserved for the Healthcare Crisis, with near constant news about our teetering
on the brink of collapse. While at it,
let us add in the unbelievable Deficit Crisis
that has already robbed our children and grandchildren of their futures. There is a question
whether Obama really wants employment to improve since that would remove his “crisis”
and undermine his “need for change” that he repeatedly uses to justify one big
government spending program after another.
Everyone in Washington
knows the record Federal deficits and debt are out of control and can't
continue. President Obama knows it; the ultraliberal Democrat
Congressional leadership knows it; rank and file Congressional Republicans and
Democrats know it; and Fed Chairman Ben Bernanke has been openly saying so. Obama's economic policies, adopted by the
Democrat-controlled Congress, call for total Federal borrowing of $3.5 trillion
this year alone! The Federal debt
is projected to soar over the next 10 years to a peacetime record of 84% of
GDP, and to keep on growing past the all-time record of 113% of GDP during
World War II. This is the result of
adding Obama's extreme, liberal left, Keynesian economic plan, with its
trillion dollar stimulus package of wasteful spending that will do nothing to
stimulate the economy, on top of the exploding costs of our current entitlement
programs. The Congressional Democrat
leadership and President Obama have a plan. First they are going to pass national health
care, adding the biggest entitlement of all to the fiscal catastrophe we
already have, giving new definition to the term fiscal insanity. Then, after that, they are going to come back
to us and say we have no choice now but to raise your taxes, really, really,
really raise your taxes, to record-shattering levels, to levels so high that it
will change the fundamental nature of our economy and our nation. America will become the Welfare State, with a
government so big and overwhelming that everyone will be scrambling to get
their personal gravy in government handouts, rather than producing for the
marketplace and consumers. Adding this
new, massive, health care entitlement on top of the enormous entitlement mess
we already have could not be more ridiculous and wildly irresponsible. The latest Trustees' Reports show that the
current unfunded liability for Medicare alone is $89 trillion. Social Security adds another $15.1 in
unfunded liabilities, for a total of $104 trillion, and that doesn't even count
Medicaid. The entire American economy
right now only produces about $14 trillion a year. Since World War II, going back 60 years,
federal spending as a percent of GDP has been stable, hovering around 20%. The cost of the three big entitlement programs
alone, Social Security, Medicare, and Medicaid, is now projected to balloon
eventually to 20.5% of GDP. Counting
burgeoning interest on the national debt, on our current course federal
spending will rocket towards 40% of GDP. Counting state and local spending, total
government in America will consume over 50% of GDP. This doubling of federal spending as a percent
of GDP implies a doubling of federal tax rates. All income tax brackets, in fact, would have
to be doubled. After Obama's socialized
medicine plan is passed, the hue and cry will start coming out of Washington, and
will be echoed throughout the Democrat Party controlled media, that something
has to be done about this fiscal catastrophe. The answer will be to appoint a new federal
spending and tax reform commission, which will report back just after next
year's election. Any such commission is
just to provide political cover for massive, runaway tax increases. Barack Obama won the
White House with a campaign pledge to cut taxes for 95% of Americans, but now
this plot is under way to increase taxes on 95% of Americans, to record,
bone-crunching levels.
There has been much talk
recently that the US is becoming more like Europe, spending more and more on
big government. Randall Hoven has diagnosed the US as undergoing
Europeanization. Newsweek published under
the title “We are all socialists now" and the subtitle, "In many ways
our economy already resembles a European one. As boomers age and spending
grows, we will become even more French." Socialism is not so much a "yes or
no" type question, as it is more a matter of degree. We can put a
number on it by using total government spending as a fraction of GDP as a proxy
for degree of socialism. In 2007, government spending in the US was 37.4%
of GDP, or more
than Australia, Ireland, Japan, Slovakia, South Korea and Switzerland.
The OECD average was 40.4% and the European average was 46.2%. In 2007, the federal government spent
"only" 20% of GDP (the remaining 17.4% of GDP was spent by state and
local governments). According to the CBO, President Obama will spend
28.5% of GDP in 2009. If states and localities have remained roughly
constant, government spending is now about 46% of GDP, or almost exactly the
European average in 2007. We are as much
in the thick of socialism right now as, say, Germany, Greece and the
Netherlands. The European average peaked
in 1993 at 52.2%, but has since fallen to 46.2%. The cutting of government spending (as a
fraction of GDP) has been almost rampant among OECD countries in the last two
decades. Eleven of the 28 countries cut spending by more than 10% of GDP
from the peak year (typically near 1993) to 2007. The European average
cut was 6% of GDP. What was the US doing
then? Virtually no cutting of government spending. So while Europe
was cutting government spending, in many cases by dramatic fractions of GDP,
the US was essentially treading water. That was before the Bailout Fairy
arrived in 2008 and President Obama and his stimuli arrived in 2009. Per the CBO, the best we will see in the next
10 years will be 22.7% of GDP (for total government spending near 40% of GDP)
in 2012. Remember these projections do not include ObamaCare, estimated
at somewhere between $1 trillion and $2 trillion of government spending over
the next decade. In short, on the socialism scale, we are smack in the middle of Europe right now, but we are
becoming more socialist while Europe is becoming less.
Obama claims that he
does not want to run companies that he has nationalized, yet his actions
indicate a very hands-on, tops-down management style. You
keep saying you don't want to run GM, but your administration has no trouble in
taking unprecedented control in firing CEO's, limiting executive compensation
and micromanaging their business. You
say you want to create and save jobs, but you supported closing over two
thousands Chrysler and GM dealers eliminating an estimated 187,000 dealer jobs. "Cash
for Clunkers" is the latest Washington brainstorm to goose car sales
while striking a fashion pose of being green. The legislation offers up to $4,500 in
vouchers to purchase a new car if it gets between 2 and 10 mpg more than the
old car it replaces. Subsidizing the auto industry in the name of
fuel efficiency by paying to scrap old cars is bribing people to drive lighter weight,
more dangerous cars to mitigate the relative damage done to companies like Ford
by resurrecting GM and Chrysler, who should not have been resurrected in the
first place. This law will kill innocent
Americans, do nothing about the price of gasoline, resurrect companies that
deserved to die, substitute our mandarins' needs for our own, endanger our
families, cost billions, add to our national debt, and further corrupt our car
companies. Republican
legislation is pending to require dissolving government ownership in private
companies, including ending the conservatorship of Fannie Mae and Freddie Mac,
by July 2011.
Giving more power to the
Federal Reserve to be the “uber-regulator”
of banking and finance is a terrible idea. A
great deal of the criticism comes from the administration's somewhat surprising
decision to make the Federal Reserve into a kind of super-regulator, able to
lion-tame the massive financial institutions that can create not just market
hiccups but the ever-fearful systemic risk.
Asking the cloistered central bank to resolve all the explosive
questions about the over-reaching power of financial institutions is like
throwing the problem into a black box and closing the lid, so people will be
unable to see what happens next. Treasury
insists that it's not really asking the Fed to do much more than it has always
done. That may be true, but if the Fed
were any good at its regulatory role, then presumably this financial crisis
could and should have been avoided. The
biggest criticism is that the Fed doesn't have the guts to let big institutions
fail. One root
cause of the financial crisis is declaring some business “too big to fail’
without explaining why they are defined as such why they should not be broken
up into smaller organizations that the free market can govern! A more on-target criticism is that too
much of the Fed's operation is opaque. By
design, the Fed is largely independent of other branches of government. Some 230 House members have endorsed a
measure to force GAO auditing of the Fed, a small but vital step toward
dismantling the central bank's privileged secrecy and intimidating mystique. Most Americans (59%) think the federal
bailouts for banks and other financial institutions are a bad idea. A better solution is,
instead of inventing another new financial regulatory bureaucracy, expand the
authority of an existing one, such as the FDIC, which already performs this
type of oversight.
There is no doubt that
the Carter-era Community Reinvestment Act (CRA) and other boneheaded government
policies helped to create the subprime mortgage bubble that violently burst and
that continues to wreak havoc on the world's financial markets. CRA
allowed activists to blackmail lenders into handing out mortgages to people
with little regard for their ability to keep up payments. Yet the Obama administration is now demanding
that the bank-killing CRA, which in practice has been used to emphasize a
largely race-based version of financial so-called social justice at the expense
of sound banking practices, be strengthened. Now Congressman Barney Frank has pushed for
the same failed policies that brought us nearly all our current financial ills,
pressuring Fannie Mae and Freddie Mac to relax recently tightened standards on
loans for new condominiums. Rasmussen
Reports found that 74% of Americans “trust
their own judgment more than that of the average member of Congress when it
comes to economic issues facing the nation.” Apparently the Obama
Administration continues to look backward for failed policies that they Hope can be Changed to become destructive again under new management.
Does this country really
need a government controlled public option to cover the uninsured, or is the
real goal for the government to take over the entire health care industry? The
U.S. already has some 1,300 insurance companies. In a new Pew Research Center poll, only 41%
of those surveyed believe the U.S. health-care system needs to be completely
rebuilt. According to the U.S. Census
Bureau we don’t have 47 million folks who are truly uninsured. When you take college kids plus those earning
$75,000 or more who choose not to sign up for a health-care plan, roughly 20
million people are removed from the list of uninsured. After that you can remove the 10 million who
are not U.S. citizens and the 11 million who are eligible for SCHIP and
Medicaid but for some reason have not signed up for those programs. A co-op plan has been surfaced as a better
alternative than a complete “public plan.”
The only thing intriguing about the co-op alternative is whether it is a
completely meaningless construct or simply camouflage for the “Public Plan” option. There is no evidence that they are significantly
less expensive or more efficient than other insurers. It is suggested that the new federal co-ops
would be nonprofits, and therefore would offer better service and lower costs. Many insurance companies, including "mutual" insurers and many "Blues," are already nonprofit
companies. Senator Chuck Schumer makes
it clear that the co-op's officers and directors would be appointed by the
president and Congress. Schumer also
insists that there be a single national co-op.
If a "co-op" is run by the federal government under rules
imposed by the federal government with funding provided by the federal
government, it’s simply government-run health insurance by another name. Nearly half of Americans (49%) believe
private insurance companies will provide better service and more choice than
the government-run proposal designed to compete with them and favored by Obama. One of the troubles with extreme, reckless
speed is the necessity of ignoring or having to lie about details. The non-partisan Congressional Budget Office
has exposed the lies even more quickly than Obama has stacked up the national
debt:
·
By
COB estimates, the majority of the 40 million now uninsured will still be
uninsured.
·
Between
16 million and 30 million people will be immediately forced to give up current
coverage and move to the public (government-run) plan and will almost certainly
face government interference with choices of doctors and restrictions on
available care.
· Financing probably requires the taxing
of employer provided health insurance and benefits as income, a new tax on
everybody, and/or creating new sales taxes levied on tobacco, alcohol, sugary
foods, and who knows what else, a tax on many regardless of income.
·
The
CBO has priced many of the options being floated by Congress and they all cost at
least $1 Trillion and as much as $2.5 Trillion.
Obama has developed a
disturbing habit of firing Inspector Generals who uncover uncomfortable
behavior in federal agencies, so the question is how long before Obama fires
the CBO auditors for their “disloyal” findings?
Free-market
Nobelist Milton Friedman stated simply and clearly that the cost problems in
our system can be traced to the fact that most payments for medical care are
made not by the patients who receive the care, but by third parties --
typically employers or government. Employers
provide insurance to most Americans, and if the federal government offers
employers a cheaper way to provide health insurance, vast numbers of those
employers will dump their employees into that government system. The government won’t force the employers to
switch, but employers will switch, and the president’s promise will be as bogus
as a three dollar bill. Even if
Americans then see through this giant bait-and-switch and blame the president,
it will be too late. Once leveled the
health insurance industry will be too crippled to reconstitute itself as a
competitor to the government option/public plan. Millions of Americans and
their premiums will have been transferred by their employers to the government
rolls, including millions of Americans in the public sector whose local
governments will not be able to resist the lure of the savings that comes from off-loading the
teachers, cops and firefighters onto the federal plan. Friedman further
remarked “Nobody spends somebody else’s money as wisely as he spends his own.”
The best way to deliver
health care in this country is by requiring individuals to be personally
responsible for themselves and their dependents! Every
citizen can do it. Government could
actually help… by getting out of the way. Richard
Olivastro has outlined principles of a ‘Blueprint for Better Health Care’
that will lower costs:
·
Each
individual, citizen or non-citizen, living within the United States, and its
territories, is personally responsible to directly pay any health care provider
for every service rendered to them or to their dependents.
·
Each
receipted out of pocket expenditure is tax deductible as a credit on the
federal tax return filed by a U. S. Citizen. (Non-Citizens filing U.S. tax
returns would not be eligible.)
·
Employers
providing benefit coverage – including insurance company published plans or
cost-plus third party administered plans could deduct all health care benefit
plan costs on corporate tax returns providing the employer directs all
insurance carriers and administrators to reimburse all plan covered charges
only to the employee, who is responsible, in turn, to pay obligations to any
service provider.
·
No
health care service legally provided to an American citizen by a medical
professional or delivered at a medical facility could be taxed by any level of
government within the United States or its territories.
·
No
health care benefit payment, reimbursement, etc. or employer provided benefit
plan coverage to an American Citizen can be taxed by any level of government
within the United States or its territories.
·
Health
care plans, insurance companies, et al will issue payment for contract covered
items only to their customer or the employee covered by an employer provided
plan, and that individual remains responsible for payment to the health care
provider.
·
Health
Care providers should provide patients with invoices detailing each service
rendered in clear layman’s language; plus note the specific industry coding
used heretofore to bill insurance companies.
·
No
person needing emergency medical attention should ever be denied physician
services or hospital-clinic emergency care.
·
Hospitals,
etc. are encouraged to establish charitable foundations, or expand the mission
of existing foundations, in order to accept tax deductible contributions from
individual Americans and domestic corporations, to be used 100% and exclusively
to defray the actual rated costs of health care services to specific indigent
U.S. Citizens.
·
Any
U. S. Citizen unable to pay for contract coverage, or any part of the incurred
costs of health care services actually received, can assign their tax credit
deduction, up to the actual amount paid on their behalf, to another U.S.
Citizen who actually paid the obligation, if that person possesses a paid
receipt from the service provider.
·
Care
facilities, Doctors, Surgeons, et al, might also be permitted to deduct as a
tax credit up to one-half of the lower published rate (their own, the state
medical society, or state facility average) for each service provided pro-bono
or free to a patient who is a U. S. Citizen at the time of the service was
actually provided.
·
Hospitals,
et al should not be permitted to ‘spread the cost’ of providing services to any
one patient, or selected set of patients, by increasing rates charged to any
other patients.
·
Every
service provider should establish a specific ‘fee for service’ rate for each
service offered in the marketplace, published online and conspicuously posted
in patient waiting areas, with more detailed explanations available upon
request.
This
blueprint reinstates individual responsibility for themselves, their family,
and other dependents. It should also
stimulate the motivation of individuals to find, and retain, employment. Because this approach effectively self-funds
citizens in situations without employer provided benefits, all responsible
individuals - including those citizens in lower income brackets - are treated
equitably. This blueprint is based on
the principle that each individual citizen is solely responsible for the cost
of health care for themselves and their dependents. Those individuals, without employer coverage
or temporarily unemployed, should know whether their current providers will
provide terms given their temporary circumstance. If their current providers do not, or will
not, provide direct payment plans, the proactively responsible personal action
each individual should take is to seek services from other doctors, clinics or
hospitals willing to accept that individual’s ‘promise to pay’, including
signing a payment agreement. The bottom
line is this ‘novel’ solution will significantly lower overall health care
costs. Implementing the basic operating
requirements outlined here will simplify administration across the health care
industry, increase efficiency, reduce bureaucracy, and reduce costs. This solution also exposes the false rubric of
‘equitable financing’, used by statist’s pushing government installed
‘universal’ health care, in order to foist central control on all Americans. After all, what can be
more ‘equitable’ than each individual citizen accepting their responsibility
for providing for their own, and their dependents, health care needs?
The
economics of global warming policy and especially the cost of the Waxman-Markey
“cap-and-trade” bill are abysmal and
are all cost and negligible gain. The American Clean Energy and Security
Act, all 1,200-plus
pages, is incredibly expensive and destructive and has little prayer of
accomplishing what it sets out to accomplish but satisfies the Democrat urgent
need to pay homage to their liberal ideology and secular humanist worldview. Ben
Lieberman from The Heritage Foundation set out a framework with
which to judge Waxman-Markey as a solution to the global warming problem; a set
of questions that need to be answered before we enact any global warming
measures, especially costly ones:
·
How
much of a problem is man-made global warming? There's no cheap or easy way to
significantly reduce those emissions any time soon. This bill is an energy tax
in disguise.
·
How
much of the problem will be solved by the policy under consideration?
·
Has
this particular solution to global warming has been tried elsewhere, and how
well it has worked?
·
Is
there better ways of addressing global warming and, for that matter, better
priorities to address than global warming.
These
are the questions we need to have answered before we can judge whether the
costs of Waxman-Markey and its cap-and-trade approach are worth it. The truth is that there is no environmental crisis,
and all the hysteria is solely for the purpose of ramrodding this odious bill
through Congress before the public realizes it has, once again, been duped and
betrayed. President Obama actually had
the right idea with no free allowances, because it means that none of these
companies can be bought off in this manner. 85% of the allowances have been promised for free,
but only 15% of the allowances will be auctioned, at least in the initial phase
of the bill, and even those may get promised away as the bill moves forward. This is an energy tax in disguise, since
energy prices go up but it's done in such a roundabout and convoluted manner
that proponents hope the public doesn't recognize it as a tax, at least not
until it is too late. Cumulative higher
energy costs for a household of four from 2012-2035 would reach nearly $20,000. Direct energy costs are only part of the
consumer impact. Nearly everything goes up, since higher energy costs raise
production costs. Beyond the cost impact
on individuals and households, Waxman-Markey also affects employment, and
especially employment in the manufacturing sector. Job losses average 1,145,000 at any given time
from 2012-2030. I should also add that
these costs are not distributed evenly, since the burden of higher energy costs
disproportionately hurts the poor, who spend a larger percentage of their
incomes on energy. So it is not only a
tax but a highly regressive one at that. The overall gross domestic product losses will
average $491 billion per year from 2012-2035 and the cumulative GDP loss is
$9.4 trillion by 2035. In sum,
Waxman-Markey carries quite a price tag, an unprecedented one in many respects.
Proponents of this cap-and-trade bill
scare us with the usual gloom and doom litany: sea level rise, more storms,
more disease. Globally speaking,
Waxman-Markey would have a trivial impact on future concentrations of
greenhouse gases. The bill only binds
the U.S., and the trends in the rest of the world show clearly that emissions
are rising. A paper for the Science and
Public Policy Institute, calculates that Waxman-Markey would reduce the earth's
future temperature by 0.1 to 0.2 degree C by 2100, an amount too small to even
notice. Spain, as with most of the rest
of Western Europe, has higher unemployment and energy costs than America, and
yet has seen its carbon dioxide emissions increasing anyway. Many nations with cap and trade have had
faster rates of emissions growth than the U.S. has had without it. Cap and trade introduces a significant
element of central planning and thus stifles innovation. Cap and trade adds instability, and indeed in
Europe we have seen wild swings in the price of carbon allowances, and
companies less interested in long-term investment and more interested in
short-term gaming of the system. Almost every recession of the last 60 years has followed a
sharp rise in energy prices, so why would we want lawmakers to mandate a recession?
If only President Obama
were a third as tough on Iran and North Korea as he is on Republicans, he'd be
making progress in containing the dire threats to our national security these
rogue nations represent. Dick
Morris writes that
the president is letting the perception of weakness cloud his image. If
foreign policy issues actually involve war and the commitment of troops, they
can be politically potent. Since foreign
policy is the only area in which the president can govern virtually alone, it
provides a window on his personality and use of power that domestic policy
cannot. As North Korea defies
international sanctions and sends arms to Myanmar and Iran slaughters its
citizens in the streets, President Obama looks helpless and hapless. He comes across as not having a clue how to
handle the crises. The transparent
appeasement of Iran's government, and its obvious lack of reciprocation, make
Obama look ridiculous. Long after the
mullahs have suppressed what limited democracy they once allowed, Obama's image
problems will persist. He has disarmed
the United States and simply elected to stop battling against terrorists,
freeing them from Guantanamo as he empowers them with every manner of
constitutional protection. Obama's pathetic performance vis-a-vis Iran and North Korea
send a message to all of America's enemies that the President of the United
States does not believe in using power; that he is a wimp and they can get away
with whatever they want.
* There is so much published each week
that unless you go out of your way to find it, you will miss important breaking
events. I package the best of this
information into my “Views on the News” each Saturday morning for your
reading pleasure and to fill in factual vacuums.
If you are
sick and tired of government and politics as usual, read my web site with its
individual issue analysis and recommendations sections at: http://www.returntocommonsensesite.com . Individual issue updates this week include:
- Health
Care at http://www.returntocommonsensesite.com/dp/healthcare.html
Week’s
Best Articles:
·
“Obama’s False Financial Reform” by William Greider dated June
19, 2009 published by The Nation at http://www.thenation.com/doc/20090706/greider2 .
·
“Fed Up” by James Ledbetter dated June 21, 2009 published by The
Big Money at http://www.thebigmoney.com/articles/judgments/2009/06/21/fed .
·
“Obama’s slip is showing: The public likes his big
plans much less than it likes him, and that can’t last” by Mike Goodwin dated June 21,
2009 published by New York Daily News at http://www.nydailynews.com/opinions/2009/06/21/2009-06-21_obamas_slip_is_showing_the_public_likes_his_big_plans_much_less_than_it_likes_hi.html .
·
“Pimp My Ride DC Style” by Eric Singer dated June 21,
2009 published by American Thinker at http://www.americanthinker.com/2009/06/pimp_my_ride_dc_style.html .
·
“Take a Stand for Freedom Over Government Control” by Terry Paulson dated June 22,
2009 published by Town Hall at http://townhall.com/columnists/TerryPaulson/2009/06/22/june_22_take_a_stand_for_freedom_over_government_control .
·
“Thune’s Exit Strategy” dated June 22, 2009 published by
Human Events at http://www.humanevents.com/article.php?id=32390 .
- “Recovery’s
Missing Ingredient: New Jobs” by Michael A. Fletcher dated
June 22, 2009 published by The Washington Post at http://www.washingtonpost.com/wp-dyn/content/article/2009/06/21/AR2009062101859.html .
- “Obama’s
poll numbers start to wilt” by Michael Falcone and Andy Barr
dated June 22, 2009 published by Politico at http://www.politico.com/news/stories/0609/24025.html .
- “Welcome
To The Ministry of Propaganda” by Steven D. Laib dated June 22,
2009 published by Intellectual Conservative at http://www.intellectualconservative.com/2009/06/22/welcome-to-the-ministry-of-propaganda/ .
- “Financial
Affirmative Action Returns” by Matthew Vadum dated June 22,
2009 published by The American Spectator at http://spectator.org/archives/2009/06/22/financial-affirmative-action-r .
- “No,
Really, It’s Not Government-Run!” by Michael
Tanner dated June 22, 2009 published by Town Hall at http://townhall.com/columnists/MichaelTanner/2009/06/22/no,_really,_its_not_government-run! .
- “Obama
vs. America” by Mark LaRochelle dated June 23, 2009 published by
Human Events at http://www.humanevents.com/article.php?id=32404 .
- “Do We
Have a Crisis Weary America?” by Thomas D. Segel dated June 23,
2009 published by American Daily at http://americandaily.com/index.php/article/1678 .
- “Hello
Europe, Good-bye Europe” by Randall Hoven dated June 23, 2009 published by
American Thinker at http://www.americanthinker.com/2009/06/hello_europe_goodbye_europe.html .
- “Obama
Bulks Up ‘Too Big to Fail’ With Steroids” by Caroline
Baum dated June 23, 2009 published by Bloomberg at http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a05rHorIdIzg .
- “’Novel’
Solution Will Control Health Care” by Richard
Olivastro dated June 23, 2009 published by Town Hall at http://townhall.com/columnists/RichardOlivastro/2009/06/23/novel_solution_will_control_health_care_costs .
- “We
Don’t Need Big Bang Health Care” by Larry Kudlow dated June 23,
2009 published by Town Hall at http://townhall.com/columnists/LarryKudlow/2009/06/23/we_dont_need_big_bang_health_care_reform .
- “Obama’s
Weakness Issue” by Dick Morris and Eileen McGann dated June 23, 2009
published by Town Hall at http://townhall.com/columnists/DickMorrisandEileenMcGann/2009/06/23/obamas_weakness_issue .
- “The
Waxman-Markey Global Warming Bill: Is the Economic Pain Justified by the
Environmental Gain?” by Ben Lieberman dated June 23, 2009 published by The
Heritage Foundation at http://www.heritage.org/Research/EnergyandEnvironment/tst062309a.cfm .
- “Washington’s
Plot to Explode Your Taxes” by Peter Ferrara dated June 24,
2009 published by The American Spectator at http://spectator.org/archives/2009/06/24/washingtons-plot-to-explode-yo .
- “The
Audacity of Speed” by Dan Kennedy dated June 24, 2009 published by Town
Hall at http://townhall.com/columnists/DanKennedy/2009/06/24/the_audacity_of_speed .
- “Bravo Jake
Tapper: Pushing President Obama On His Absurd Assurances About ‘Keeping
Your Plan’” by Hugh Hewitt dated June 24, 2009 published by Town Hall at http://townhall.com/columnists/HughHewitt/2009/06/24/bravo_jake_tapper_pushing_president_obama_on_his_absurd_assurances_about_%E2%80%9Ckeeping_your_plan%E2%80%9D .
- “Trojan
Hearse” by Myron Ebell dated June 25, 2009 published by New
York Post at http://www.nypost.com/seven/06252009/postopinion/opedcolumnists/trojan_hearse_175976.htm .
- “Frank’s
Follies” dated June 25, 2009 published by Investor’s Business
Daily at http://www.ibdeditorials.com/IBDArticles.aspx?id=330823208376616 .
- “Throw
the Bums Out” by David Limbaugh dated June 25, 2009 published by
Town Hall at http://townhall.com/columnists/DavidLimbaugh/2009/06/26/throw_the_bums_out .
- “Diplomacy:
The Art of Saying ‘Nice Doggie’ Until You Find a Rock” by Nick
Nichols dated June 27, 2009 published by Town Hall at http://townhall.com/columnists/NickNichols/2009/06/27/diplomacy_the_art_of_saying_nice_doggie_until_you_find_a_rock
.
David Coughlin
Hawthorne, NY