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People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Tuesday, April 17, 2012

If Only He Hadn't Been Snorting Cocaine ...

... when he was supposed to be in history class, the smartest president ever might not have made an ass of himself when he got his islands mixed up.

Maldives.  Malvinas.  What's the difference? *

Who's got the sniff?

* I'm guessing the relatives of the 904 souls lost in the Falklands War in 1982 think there's a difference.

Headline of the Day

I believe in our democratic republic.

I believe in our democratic republic.

Barney Frank: Hey, maybe we shouldn’t have passed ObamaCare

I believe in our democratic republic.

I believe in our democratic republic ...

Real Bright, Slick

I ask you, would you bring the disgraced captain of the Costa Concordia in to give a lecture to your student pilots on how to properly steer a boat?

No?

Would you bring in a woman who doesn't know the first thing about the cost of contraceptives or where to obtain them to give a lecture to students on "contraception access"?

What next?  Jerry Sandusky coming in to talk to potential counselors about the joys of mentoring young boys?

For the love of God, do these people even think about what they're doing?

Yeah, Let's Punish The Rich!

Well, ask the liberal geniuses who have run California for decades how that's working out.

From "California Blazes Wrong Trail On Tax Hikes For Rich":
Between 1992 and 2008, California suffered a net loss of 869,000 tax filers. About 3.5 million moved into California, while 4.4 million left.

Those that left were disproportionately wealthy.

So California lost wealthier, more productive residents. And poorer, less-productive folks took their places — some of them, at least.

Smothered under a growing thicket of taxes and regulations, the Golden State's entrepreneurs and top earners have sought friendlier climes — taking their incomes and the taxes they pay with them.

For many people, moving out of California is equivalent to getting a big raise — because their tax rates plummet. Of the top nine states Californians are flocking to, the average top personal income tax rate is 3.44%. California's is nearly triple that, at 10.3%.

Also, among those nine states, the corporate tax rate averages 4.59% vs. California's 8.84%. And their combined state and local tax burden is 9%, versus California's 11%.
Yeah, you liberals showed them! You made those fatcats move to Texas!

And, if Obama has his way, their next destination will be Geneva.

Yeah, you showed them all right.

- - -

For a primer on how growth - in economic prosperity and government tax revenue - can actually be achieved, look to Sweden (!).

How Can That Be?

Working-class whites are wary of Obama?

I suppose working-class whites who haven't been able to find work in three years might be, at that.

ObamaCare's Cost Starting To Be Tallied

"We agree on reforms that will finally reduce the costs of health care. Families will save on their premiums; businesses that will see their costs rise if we do nothing will save money now and in the future. This plan will strengthen Medicare and extend the life of that program. And because it gets rid of the waste and inefficiencies in our health care system, this will be the largest deficit reduction plan in over a decade."
-- Barack Obama, December 15, 2009 --

You were warned then that it was all a lie.

It was a lie:
ObamaCare's Real Cost
By Michael Barone, Investor's Business Daily

How much will ObamaCare — call it the Patient Protection and Affordable Care Act if you like — cost over the next 10 years?

More than you've been led to believe, reports Charles Blahous of George Mason University's Mercatus Center. To be specific, he projects it will add $1,160 billion to net federal spending over the next 10 years and at least $340 billion to federal budget deficits in that time.

Why does he say ObamaCare will increase spending when the Obama administration, citing Congressional Budget Office numbers, promised it will save money?

One reason is that the CBO said ObamaCare's "Class Act" provisions would save money, since the government would collect premiums immediately but not pay off policyholders until later.

But Health and Human Services Secretary Kathleen Sebelius has conceded that the Class Act is unworkable, and so Blahous zeroes out those phantom savings.

Another reason ObamaCare was supposed to save money is that it raises the Medicare tax 0.9% for high earners. It then dedicates those resources both to Medicare and to general revenues, with the CBO counting the savings twice.

That's because under a 1985 internal ruling (not a full-fledged law passed by Congress), the CBO scores the costs of legislation against a hypothetical baseline rather than against current law.

But, as Sebelius conceded to Congress in March 2011, that's double counting. The government can't spend the same money twice. Medicare tax revenues dedicated to current Medicare spending can't be used to reduce the budget deficit. That's true "in practice," Medicare chief actuary Richard Foster wrote last year, despite the CBO's scoring procedure. And, as Blahous points out, if the funds don't go to Medicare, then under current law, Medicare will go broke faster and be forced to reduce benefits. Since Congress is not likely to let that happen any sooner than it has to, the deficit reduction promised by the CBO score and claimed by the Obama administration simply ain't going to happen, no how, no way. [link]
ObamaCare, if it's not repealed, will bankrupt this country.

It's time we started asking, what should be done with those who did this to us?