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Thursday, April 15, 2010

There Aren't Enough Dollars In The World

How high is the federal debt really, once all the accounting gimmicks have been erased?

The government’s net position (total assets less total liabilities), as of 2009, is estimated to be $57,400,000,000,000.  Every dime of which will have to be obtained somewhere.

To make matters worse, that imbalance is widening dramatically as time goes on.

Impossible.  Absolutely impossible.

Why Weren't Journalists Journalists?

As we've come to expect from the mainstream press, the members thereof seem only now to be interested in that which is actually in the ObamaCare bill that is now the law of the land.  Before?   The word "cheerleader" comes to mind.

Michael D. Tanner wants to know why this is:
Over the course of the health care debate, the media often reported and editorialized — and sometimes it was impossible to tell the difference — quite favorably on the Democratic proposals running through Congress.

It was not surprising to read stories almost daily about how Obamacare would lift millions of poor, elderly, sick, and generally down-trodden Americans out of financial and medical crisis, and even go so far as to singlehandedly save the lives of hundreds of thousands of Americans over the course of the next decade. (It would even provide one free turkey for Thanksgiving to every family living 400 percent below the poverty level.)

This morning, however, the headlines read something like this:

“Rasmussen: Public Favors Repeal 58%-38%” (Rasmussen Polls)

“JCT Says Healthcare Reform Will Raise Middle Class Taxes” (The Hill)

"Lawmakers, Staff May Lose Coverage (New York Times): Adds the Times, “The confusion raises the inevitable question: If they did not know exactly what they were doing to themselves, did lawmakers who wrote and passed the bill fully grasp the details of how it would influence the lives of other Americans?”

"Healthcare Law Could Boost Costs For Less Healthy Americans” (New York Times)

“Healthcare Law Unlikely To Curb Premium Increases” (Los Angeles Times)

My question is this: where were these reporters before the passage of the health care bill?

I think we all know where they were.  At Obama's backside.  With lips firmly affixed.  Enjoying the moment.

So now they're not enjoying it so much.

Morning-after remorse?

Don't count on it.

As best I can see, those lips are still puckered and just waiting for another opportunity ...

Scientists Start To Speak Out

It was inevitable.

Sooner or later we'd begin to see real scientists roll up their sleeves, abandon their feelings of fear and intimidation, defy those who would silence them and do their utmost to suppress data, and speak out about global warming theory and its house of cards.

One such brave scientist speaks out this morning:
Global warming graph attacked by study
By Fiona Harvey, Environment Correspondent, Finanacial Times

A key piece of evidence in climate change science was slammed as “exaggerated” on Wednesday by the UK’s leading statistician, in a vindication of claims that global warming sceptics have been making for years.

Professor David Hand, president of the Royal Statistical Society, said that a graph shaped like an ice hockey stick that has been used to represent the recent rise in global temperatures had been compiled using “inappropriate” methods.

“It used a particular statistical technique that exaggerated the effect [of recent warming],” he said. [link
Why, you should ask, would a scientist want to adopt a technique that intentionally exaggerates the end-product of his or her study?

It's simple.  As was pointed out yesterday, in one of the most egregious examples of data manipulation the scientific community has ever witnessed, and this by our own NASA Goddard Institute for Space Studies, the purpose is to make the facts - the gathered data - fit the hypothesis.  When the facts don't fit, you alter the "facts" to make them fit.

So now, one by one, scientists are are having their consciences weigh on them enough for them to begin questioning their intentions and methodologies.

It's high time.  Before science and politics become completely indistinguishable.

Why I Oppose Obama & His Liberal Pals

It's not just that they feel some inexplicable need to punish the rich for their having gained riches.  It goes beyond that.  In the process of inflicting punishment on the wealthy, they destroy any chance the rest of young America has of ever gaining wealth.  And that, to me, is about as un-American as you can get.

As an example of the damage the liberals in this country are inflicting, take a look at this:
A Message from 'Henry'
By Mike Donahue, Wall Street Journal

I'm in the 32% federal and 10% state income tax brackets. I pay a 1.2% property tax on very expensive California real estate. I am subject to the Alternative Minimum Tax. I am self-employed and subject to a 15% payroll tax on the first $100,000 in income and an 8.75% state sales tax. If I have a gain from investing, I pay a minimum of 15% federal and 10% state tax but can only write off $3,000 per year if I lose.

And now the government wants me to pay more?

As a child I mowed lawns, shoveled snow, had a paper route, sold sandwiches at school, and cut up dead trees and split them for firewood to sell during spring break. I have worked every summer since I turned 14. I took out student loans for college and worked 35 hours a week, at night, to pay for the rest.

Since I graduated in 1983, I have been in straight commission sales and have had many 60- to 70-hour work weeks. No secure salary, no big promotions, no pension—just me profiting though helping others while being subject to the swings of the economic cycle. The first 20 years were tough, but it's finally starting to pay off.

I drive a nicer car (bought used), live in a better neighborhood, have more retirement savings than many. But I am certainly not rich, and every month I find my ever increasing bills (and taxes) tend to match my income. I have more than most only because I've worked harder than most and because I am a saver. It was not easy.

Why then does the government feel so entitled to take my money and give it to others? Why should I have to carry so many people on my back? Call me cruel. I don't care. I give to whom I choose—but since so much is confiscated (and wasted in the process) I have little left I wish to give. [link]
Believe me, I feel his pain.

There's something here that Barack Obama and his ilk need to wrap their brains around.  When we the ambitious decide that we no longer wish to work six-seven days a week in order to pay for those who are unwilling to work at all, this country sinks into third-world status.  And many of us are at that point.  When we make a little more, we pay a little more in taxes.  When we make a lot more, we pay a lot more.  Why?  Why even try?  Why not chuck it all, grab the fishin' pole, and enjoy sucking on that government teat that half of America now enjoys, for the rest of our lives?

The American dream can be defined as follows: For us to be able to provide for our children a better life than that which our parents provided us.  And for our children to be able to prosper and provide for their children the same.

The word "government" has never been part of that mission statement.

And now that dream is growing ever more illusory.

Obama and his gang of wealth destroyers are having their effect.  We will all soon be equally poor.  And living off the government.  And they'll be happy.

In this the United States of America, where once dreams were made.

- - -

Read this and ask yourself what dreams this hard-working American is giving up because of the actions of Obama and fellow wealth destroyers:
Arizona doctor says Obamacare will force him to close shop
By Gautham Nagesh, The Daily Caller

While it may be years before most Americans feel the impact of President Obama’s health-care bill, a few patients in Scottsdale, Ariz., got a small taste of life under Obamacare last week when they arrived at their Dermatologist’s office only to see a sign with the following taped to the front door:

“If you voted for Obamacare, be aware these doors will close before it goes into effect.” The note is signed Joseph M. Scherzer M.D. and includes the following addendum: “****Unless Congress or the Courts repeal the BILL.”

Scherzer, who attended Albert Einstein College of Medicine in New York, has been a practicing Dermatologist in Scottsdale, Ariz., since 1976. Reached yesterday at his office, Dr. Scherzer, 63, said he plans to stop practicing before 2014 when the bill’s full impact will be felt because he refuses to deal with the headache of increased government involvement in health care.

“I’m absolutely serious [about stopping practicing] and it’s not just because I’ll be nearing 65,” Scherzer said. “The stress is what would push me out the door. From what I’ve gathered hearing from my friends and peers, most physicians I’ve heard from feel the same way.” [link]
In other words: "To hell with it."

"I've kissed my dreams goodbye.  I'm not taking it anymore."

It's come to this.

Photo courtesy of The Daily Caller.