Just because I have nothing to say on health care reform just now doesn't mean you don't.
Comments
Nice little article in the New Yorker.
Final graf:
"As for the Republican opposition to reform, most of it has been, in a word, nihilistic. William Kristol, the editor of the Weekly Standard, last week offered the same advice he did sixteen years ago, when he masterminded the death of the Clinton reform effort: “Go for the kill.” Senator Jim DeMint, of South Carolina, elaborated on the theme. “If we’re able to stop Obama on this, it will be his Waterloo,” DeMint said. “It will break him.” Obama’s Presidency would survive the murder of health-care reform. But he would be greatly weakened, with dire consequences for his ability to meet many other urgent challenges. Whoever needs to be punished for morbidity, it’s not him. And not the rest of us, either. ♦
Food is a more basic need. Therefore it ought to be a right. What could go wrong? You'd pay your food bill to the gummint every month and grocers would be reimbursed by the gummint . At the grocery store, you'd just take whatever you want. If the government would have to ration that would be understandable. But until that point it would be "all-you-can-eat". And if you couldn't afford your food bill, Barrack would pick it up so your food would be free.
I repeat: Food is a more basic need. If health care is a right, so is food. The logic is airtight. (The same hols for sheter, btw.) It only remains to examine whether the premise is false: that health care is a right. Since the conclusion is an insane national food plan, we know that the premise is definitely false.
Mickey Kaus notes that no matter how they organize this support for this will not increase over the recess.
Steyn says 1000 page bills that no one reads before voting on is the best argument for leaving such issues to the states.
Tempestuous:Whatever does this mean? "Whoever needs to be punished for morbidity, it’s not him. And not the rest of us, either."
Let's make sure we don't hamper business enterprises witht needless regulation which increases costs and availability. It's still a 'free' market, ain't it? (so far)
I think we all have a right to entertainment, specifically Texas Ranger games and in a luxury booth with a great view and tv in case I get bored too. Since I think its a right, we should impose that on everyone right?
Bingo. The government needs to pick up everyone's water bill very month. This is a matter of social justice (which is similar to justice only not so much based on individual liberty and property rights which are by now quite shopworn and regressive concepts.)
We can indeed consider entertainment a basic right. The reason is that its lack is a serious obstacle on happiness. If you look at the distribution of entertainment in our society, you see social injustice. Britney gets around, but other than that, there's really no fairness in entertainment distribution.
All we need to do to make the economy recover is lower taxes to the point that corps don't have to hide their money in the Caymans.
Then they'll keep it here, the insurance companies, I mean. Then they'll do the right thing and reduce their operational expenses, and voila!!! Cheap insurance for everyone.
Have a read of this post from Sandy Szwarc. The story is about neo-natal care being starved of funds in Britain while the NHS spends billions on 'outdoor education' and 'anti-obesity' interventions for kids.
The reason for the total reversal of priorities is that training and recruiting health care professionals - particularly when the pay and status of those professionals is falling - is time consuming and expensive, but our universites are churning out graduates in the social sciences by the hundred.
When a 'health service crisis' hits the headlines, the government chucks a load of money at the problem, and instead of spending the cash on real healthcare, the various trusts take the easy option of instituting fashionable schemes.
These sorts of stupidities are in you healthcare future if Obama has his way.
It's worth reading Sandy's current top post on the 'Kill Granny' controversy as well.
If the government paid our water bills, people would just let their faucets drip and their hoses run.
Not the New Man. The New Man will have class consciousness and not all that false consciousness bred into him by social injustice. He will fix the drip because he will be proud of labor. He will work mornings and write criticism in the afternoons.
I came across this video of Ezra Klien saying how the Congress would “back door” the “single payer” health care and it got me thinking about these frickin’ do gooders.
This whole healthcare “thing” seems to be equivalent to these folks trying to … put a Cadillac or BMW into everybody’s garage but leaving the payments to the recipients.
We are all then supposed to be eternally thankful, while we live under the burden they have created for us. What a bunch of “used car salesmen” … and they wonder why we don’t want to embrace it.
"Obama’s Presidency would survive the murder of health-care reform. But he would be greatly weakened, with dire consequences for his ability to meet many other urgent challenges."
So once again, it's all about HIM. Let's pass a horrendously expensive and economy damaging government takeover of the health industry lest somehow it affect HIS ability to inflict more horrendously expensive government takeovers in the future. We don't really care what's in the bill, just how it impacts HIM.
Here is an interesting piece tieing the slide of consumer sentiment to the Ogabe Regime's disapproval spread. I believe they're well correlated but I don't see causation. The cause of the consumer sentiment weakness is more likely to be Jinny and Johnny Newgrad sitting around the house while mom and dad mull over moving without leaving a forwarding address.
I'm beginning to believe that rising unemployment will knock off both Kill Granny and Air Taxes. The link which you provided this morning ties in nicely with The End of the End piece. Barack the Job Killer and his Capitol Hill Posse are gonna have their hands full in September - extended unemployment benefits are starting to run out and serious wage deflation starts right after that.
Rick, in the plethora of threads I was waiting to see where you settled so I could respond to that 72 page link you called to my attention yesterday. That was a very good paper. I read it all twice and the basic takeway is that his charts and graphs all support the theme you, Rich, I and others have advanced: This economy is a long way from (real) recovery, at least to robust health. They don't speculate much on a time frame, but the selection of data draws our attention to not only the usual business cycles, but also to the demographic imperitives that I think work against a quick return to the status quo. Your four year horizon is probably about right...unless the new socialism makes it even longer.
Cap&Tax, Health Care, Card Check and all the tax increases on investors will all conspire to add to the four years.
As to the political fallout, that will be up to the minority party to find a voice and some leaders. There will be an army of us to support them, but so far they seem pretty hapless.
As I have said for months: watch the health care bill. If they sell that poison to the muddle, that will be a signal for a very long time in the wilderness. Investors will be looking elsewhere for greener pastures.
LAT: The rising median price in California is the result of falling prices in the higher-priced segment of the market, which boosted sales of more expensive homes. That raised the overall value of homes sold, and the median, but happened because prices are falling,
I think it's strategically better if the House passes a bill before adjournment. The bill would become a solid target, with real details to attack, rather than giving the Dems the ability to pretend it's all still negotiable, nothing's quite nailed down, etc., during the recess.
The best scenario would be a bill that's out of committee but not yet voted on. A stationary target as Extraneus said, that can be torn apart over the recess, but minus whatever momentum it would get if it's passed by the House.
I totally do not trust them to mark it up and force a vote before the recess, though.
Actually now that I've typed that it *might* be better to have the scare factor of it being "halfway there" if it's passed the House...but that seems awfully risky.
So is this townhall in Kroger to announce the formation of the Obamacare Safe House Inspection Taskforce (O-SHIT)?
Need to make sure every house is fully stocked with arugula and organic foods, free of smoke, has the proper newspaper subscriptions and magazines and NO GUNS or ammo...
Think of the panic while 0bama's numbers dwindle all throughout the month of August, with people in abject fear of what the Democrats will do to them, asking questions at town hall meetings like "Will you allow my dear old mother to have a pace-maker?"
Oh wait. That one was already asked, and he said no.
How about "Will you allow my sick baby to have the super-expensive drugs she needs to stay alive?"
Awesome, Stephanie! Since we have so many social workers coming through the degree mills, we can put some of them to work on the "end of life counseling" and the rest can work for O-SHIT.
I envision surprise house visits every six months to all homes with children under 18, to make sure the kids are being properly fed. No high-fructose corn syrup! No wrinkly grapes!!!!
How incredible would that be? I can't imagine it since he is desperate to sign anything to claim he "fixed" health care (just like he "fixed" the economy). But a veto, or even a threat of one, would be quite pleasantly disastrous for him.
Cap&Tax, Health Care, Card Check and all the tax increases on investors will all conspire to add to the four years.
Let's say that we beat Cap&Tax, Health care, and Card Check. Let's just say. Now, undoubtedly, the Bush tax cuts will be allowed to expire, no doubt about it. And there's also no doubt that Obama wants to raise "fees" on all kinds of stuff. Also, the EPA can still reek havoc through regulation even without Cap&Tax. Even the current emissions standards are driving engine makers out of the market. Electricity prices are already climbing to pay for "conservation" which is just-nuts, but I degress. The economy has a lot of bullets to dodge, and an ever smaller productive base to take the hits.
If health care is a right, then so are food and shelter, as has already been mentioned in this thread. But if these are rights, then so are clothes.
The government must therefore guarantee all U.S. persons a wardrobe, and that includes illegal aliens. Anyone caught wearing expensive clothes would by definition be causing an undue burden on government, since the money spent on one $500 pair of sneakers could shoe a hundred of the less fortunate among us. Therefore, we should all be given a clothing allowance by the government, and be expected to live within its means. This would reduce our carbon footprints as well.
Before we even get to the health bill, Frank will have busted the banks (again). I wonder if he dreamed that one up over a liquid lunch with Larry "Honey, I Shrunk the Endowment!" Summers at the Harvard Club? Having forbidden the collection of debt due, the next obvious move by the Ivy Lemming Gang is to mandate increased lending to the improvident.
Where can I get summa them bank stocks?
Here's another rear view mirror retrospective on the ABS debacle (via ZeroHedge). Table 6 is of special note, a fine graphic presentation of velocity going to 0 wrt ABS issuance.
The efforts of Frank and the Ivy Lemming Gang aren't going to move that velocity needle even a fraction of a millimeter off of 0.
I don't know if y'all are hearing excepts of Obama at the Kroger today, but, since it was in NC, local stations are playing excerpts hourly.
Obama sounds angry. It's just like his "taking off the gloves" persona during the campaign when Palin was a sensation and for several weeks Axelrod didn't know what to do. Apparently the internal polls are in, the focus groups have spoken, and the strategy now is for Obama to rail against his critics. I don't know how the event works visually, but he sounds whiny and strident.
How expectations have increased since the top of the last great era of prosperity, 1928, when Hoover campaigned on the slogan, "a chicken in every pot and a car in every garage".
Watch for the first reduction in Ogabe's inner circle of jerks. Somebody has to pay for his blithering incompetence and it's not going to be him. We'll be seeing a lot more whining and flailing fairly quickly.
FDA warning: All produce should be thoroughly washed before eating. This includes produce grown conventionally or organically at home, or produce that is purchased from a grocery store or farmer's market.
Politico has a story about Obama buying a peach at Kroger today . He walked over to the bin of peaches marked $1.19/lb, grabbed one, took a big bite, and gave the Kroger CEO a dollar. How he can lecture America about the wisdom of preventive medicine and then eat unwashed fruit before a national audience is unbelievable to me.
Politico: After his town hall at the Kroger supermarket in Bristol, Va., President Obama shook hands with store employees and posed for a few photos, then went over to a display of peaches on sale for $1.19 per pound. Obama snatched one up, took a bite and walked over to the supermarket chain's CEO and handed him a dollar.
Definitely one for the "What if it were Bush" file...
First Read reports on an Administration email announcing Obama's new pitch theme on healthcare health insurance reform:
At events in North Carolina and Virginia today, the president will lay out for Americans why health insurance reform means more security and stability for them and their families. Building on the theme that he outlined at the start of last week’s press conference, the president will make it clear that when he signs a reform bill into law, the discrimination, dropping, and coverage gaps that riddle today’s health insurance system will be a thing of the past.
It was a toss up between putting that here or in the Gates thread.
Apparently Obama must be hearing a lot of questions like this one (via Instapundit) from a health care forum in Missouri: "At what point does the government say to me that it is your patriotic duty to die?" The Prez responded at today's townhall:
You know, I guarantee you, first of all, we just don't have enough government workers to send to talk to everybody, to find out how they want to die… I just want to be clear: Nobody is going to be knocking on your door; nobody is going to be telling you you've got to fill one out. And certainly nobody is going to be forcing you to make a set of decisions on end-of-life care based on some bureaucratic law in Washington.
Sort of like, "I couldn't take your guns away, if I wanted to." First Read's header gave me the warm fuzzies: "Losing the Message War?"
DebinNC, have you seen the recommendations and demonastrations for washing fruits and vegetables? It's a one minute process for each item involving a scrub brush.
The presidebt is a doofus. Children all over America will be being unwashed fruits and vegetables and contracting Ecoli....
I'll take Larry Summers in the inner circle of jerks dead pool. By October 1. He has always displayed a propensity to utter approximations of the truth - the Regime simply cannot afford him. Romer and Geithner both lie with impunity and thus have a much higher value to this maladministration.
I figure Summers will be gone just as soon as it dawns on him that Obama has never seriously considered installing him at Treasury (or was it the Fed Chair he wanted?), and never will. OTOH, having proved himself a total suck-up, does he really have a future anywhere else?
Regarding health care and speed of service in the US:
I had my regular pre-chemo check-up and blood tests on Monday of this week with my onocologist. My regular scans and MRI were then scheduled for tomorrow.
Would that speedy turn around happen under Obamacare or anywhere that had government in charge of healthcare?
Watch for the first reduction in Ogabe's inner circle of jerks. Somebody has to pay for his blithering incompetence and it's not going to be him. We'll be seeing a lot more whining and flailing fairly quickly.
and
I'll take Larry Summers in the inner circle of jerks dead pool. By October 1. He has always displayed a propensity to utter approximations of the truth - the Regime simply cannot afford him. Romer and Geithner both lie with impunity and thus have a much higher value to this maladministration.
Rick -- the human debris has accumulated to the point that a train rather than a bus will be needed to get everyone under it. (not quite grammatical, but you get the idea).
It took Carter over two and a half years before he had the big pruning. If his campaign and appointee selection process is any indication, Mr. Onederful will take less than 10 months.
A senior House Democrat threatened banks Wednesday that if they don't volunteer to save more homeowners from foreclosure, Congress will make them.
In a sternly worded statement, Rep. Barney Frank said Congress will revive legislation that would let bankruptcy judges write down a person's monthly mortgage payment if the number of loan modifications remain low.
Frank, chairman of the House Financial Services Committee, also said his committee won't consider legislation to help banks lend unless there is a "significant increase" in mortgage modifications.
Jim, I wouldn't be here either. I was told I had two weeks to live by my oncologist so I got a different one. He prescribed a chemo not tested for my type of cancer because it utilized liposome technology which means less side effects.
Wow. Barney Frank is unfriggin' believable. Talk about doubling down on the trainwreck. I'd have thought I'd be desensitized to his unrelenting shamelessness by now, but it just gets all the more stunning over time.
The Ibama admin is bragging that they rescued the economy and banking system but Barney the idiot wants to go back to what caused the mess in the first place.
I'm wondering when the scope of the tactical error involving Stim I is going to sink in. AFAIK, Romer is still blathering about inventory replenishment providing some sort of Q3 uptick. Today's durables report should shut her up. Ex-transportation there was a tiny uptick but the start of the slide in aircraft deliveries coupled with very low loan availability for vehicles means that we're at the "aside from that, Mrs. Lincoln, how did you enjoy the play?" moment.
I wasn't kidding about Commissar Frank's next move - mandated loans to people who cannot repay. The big banks are so screwed that I can't imagine a reason to own their stock - not with Commissar Frank sitting on the Politburo.
If it weren't for the fact that the "rescue" hasn't put anyone back to work or made anyone any money who wasn't in the market the past two weeks, it might just be believable.
Rick, there is nothing but BS and wisps of smoke to suggest that Stim 1 has had any positive effect on the economy.
ITEM:
Some of our biggest banks are nationalized and damn few of them or the rest are making loans to anyone that needs money to keep a business or household afloat.
ITEM:
2/3 of our auto industry is effectively nationalized. Think of the success of the Skoda, Zil Zis, and Zim over the past 50 years and you get a taste of what Chrysler, Buick Chevrolet. and Cadillac will soon look like.
ITEM:
Workers are not even leaning on the main implements they use to build those "shovel ready" pork barrel projects.
Trillions for political payoffs to those who support the democrat party, but not one cent to the businesses that create most of the nation's jobs.
Someone said today that BHO was elected to use his perceived political skills to soothe the public and calm the troubled waters of our national economy. Instead, he executed a left flank march and immediately tried to consolidate even more power in the federal government.
But neither he nor his minions are up to the task.
When you have to rely on the likes of Pelosi, Waxman, Reid, Conyers, Rangel, for legislative action and Summers and Geithner for creative economic leadership, "you in big trouble".
Fie on all of them.
Jane, The practical side of me stopped at the funeral home on the way home to start the process of making arrangements....but only after the arrogant side of me said screw the oncologist and made an appointment with the new oncologist for the same day.
It really wasn't a big deal deal because I didn't believe him at all. I'm sure it was probably much harder for mr. bad.
I don't mind Jane. What I did took no courage at all because I KNEW he was wrong. The doctor patient thing really is a partnership and ours needed to be dissolved.
bas--we al know you are just too bad --and we are glad for that!I remember how worried I was for a while after you started chemo and were too tired to post--We all were really.
Thanks Clarice, I was on enough chemo to kill a waterbuffalo at that time and it was hard on my body. I would be thirsty and look at a glass of water on the table beside me and decide I'd just keep on being thirsty because lifting the glass was more than I could manage.
It pretty much fried my brain.
I'm so grateful y'all put up with me and my drival.
One other medical related tidbit then I'll quit harping on Obamacare. I developed fluid around my heart which is pretty common for someone with cancer. My cardiologist prescribed an inexpensive, generic anti-reflux drug which has the side effect of getting rid of fluid around the heart. Ican't find any literature or studies about it on the internet and no trials have been conducted to recommend it as protocal or "best practise" but it works great at very little cost. Obamacare wouldn't allow it.
Old Lurker, you are very sweet but there truly was no courage or extraordinary anything involved except maybe for extraordinary arrogance on my part. I knew there was nothing wrong with me other than side effects of the chemo.
All I did was walk away from a doctor who didn't believe in me and find one who did.
Nice little article in the New Yorker.
Final graf:
"As for the Republican opposition to reform, most of it has been, in a word, nihilistic. William Kristol, the editor of the Weekly Standard, last week offered the same advice he did sixteen years ago, when he masterminded the death of the Clinton reform effort: “Go for the kill.” Senator Jim DeMint, of South Carolina, elaborated on the theme. “If we’re able to stop Obama on this, it will be his Waterloo,” DeMint said. “It will break him.” Obama’s Presidency would survive the murder of health-care reform. But he would be greatly weakened, with dire consequences for his ability to meet many other urgent challenges. Whoever needs to be punished for morbidity, it’s not him. And not the rest of us, either. ♦
http://www.newyorker.com/talk/comment/2009/08/03/090803taco_talk_hertzberg
It's schadenfreude all over again.
Posted by: Tempestuous Toadstool | July 29, 2009 at 10:43 AM
Reposting from other thread...
Ed Henry of CNN twitters that Obama's healthcare townhall today will be held in the produce section of a Kroger
Surely I won't be the only one to think this reads like a joke.
Posted by: Porchlight | July 29, 2009 at 10:46 AM
Food is a more basic need. Therefore it ought to be a right. What could go wrong? You'd pay your food bill to the gummint every month and grocers would be reimbursed by the gummint . At the grocery store, you'd just take whatever you want. If the government would have to ration that would be understandable. But until that point it would be "all-you-can-eat". And if you couldn't afford your food bill, Barrack would pick it up so your food would be free.
I repeat: Food is a more basic need. If health care is a right, so is food. The logic is airtight. (The same hols for sheter, btw.) It only remains to examine whether the premise is false: that health care is a right. Since the conclusion is an insane national food plan, we know that the premise is definitely false.
Posted by: Jim Ryan | July 29, 2009 at 10:48 AM
Mickey Kaus notes that no matter how they organize this support for this will not increase over the recess.
Steyn says 1000 page bills that no one reads before voting on is the best argument for leaving such issues to the states.
Tempestuous:Whatever does this mean? "Whoever needs to be punished for morbidity, it’s not him. And not the rest of us, either."
Posted by: clarice | July 29, 2009 at 10:50 AM
"Food is a more basic need"
Water and air are even more 'basic'.
Let's make sure we don't hamper business enterprises witht needless regulation which increases costs and availability. It's still a 'free' market, ain't it? (so far)
Posted by: Leviathan | July 29, 2009 at 11:05 AM
I think we all have a right to entertainment, specifically Texas Ranger games and in a luxury booth with a great view and tv in case I get bored too. Since I think its a right, we should impose that on everyone right?
Posted by: GMax | July 29, 2009 at 11:11 AM
Argentinians consider annual cosmetic surgery a basic right, why don't we?
Posted by: clarice | July 29, 2009 at 11:13 AM
"all have a right to entertainment'
I want a week-end on Donald Trump's yacht.
I want a date with JayLo, dutch treat.
I want cheap gasoline
I want Congress to adjourn, forever.
Posted by: Republican Cheez Whiz | July 29, 2009 at 11:17 AM
Water and air are even more 'basic'.
Bingo. The government needs to pick up everyone's water bill very month. This is a matter of social justice (which is similar to justice only not so much based on individual liberty and property rights which are by now quite shopworn and regressive concepts.)
Posted by: Jim Ryan | July 29, 2009 at 11:17 AM
I want experimental treatments, like chemotherapy without losing my house.
Posted by: Republican Cheez Whiz | July 29, 2009 at 11:19 AM
We can indeed consider entertainment a basic right. The reason is that its lack is a serious obstacle on happiness. If you look at the distribution of entertainment in our society, you see social injustice. Britney gets around, but other than that, there's really no fairness in entertainment distribution.
Posted by: Jim Ryan | July 29, 2009 at 11:20 AM
All this profligate spending.
All we need to do to make the economy recover is lower taxes to the point that corps don't have to hide their money in the Caymans.
Then they'll keep it here, the insurance companies, I mean. Then they'll do the right thing and reduce their operational expenses, and voila!!! Cheap insurance for everyone.
Posted by: Leviathan | July 29, 2009 at 11:23 AM
Have a read of this post from Sandy Szwarc. The story is about neo-natal care being starved of funds in Britain while the NHS spends billions on 'outdoor education' and 'anti-obesity' interventions for kids.
The reason for the total reversal of priorities is that training and recruiting health care professionals - particularly when the pay and status of those professionals is falling - is time consuming and expensive, but our universites are churning out graduates in the social sciences by the hundred.
When a 'health service crisis' hits the headlines, the government chucks a load of money at the problem, and instead of spending the cash on real healthcare, the various trusts take the easy option of instituting fashionable schemes.
These sorts of stupidities are in you healthcare future if Obama has his way.
It's worth reading Sandy's current top post on the 'Kill Granny' controversy as well.
Posted by: Kevin B | July 29, 2009 at 11:31 AM
If the government paid our water bills, people would just let their faucets drip and their hoses run.
Posted by: Caro | July 29, 2009 at 11:32 AM
If Gates had owned the house and been responsible for the cost of repairs, he would have grabbed a phone instead of a crowbar.
Posted by: DebinNC | July 29, 2009 at 11:39 AM
If the government paid our water bills, people would just let their faucets drip and their hoses run.
Not the New Man. The New Man will have class consciousness and not all that false consciousness bred into him by social injustice. He will fix the drip because he will be proud of labor. He will work mornings and write criticism in the afternoons.
Posted by: Jim Ryan | July 29, 2009 at 11:42 AM
If we can send a man to the moon certainly we can cure the heartbreak of psoriasis and the scourge of cellulite.
Posted by: clarice | July 29, 2009 at 11:45 AM
I came across this video of Ezra Klien saying how the Congress would “back door” the “single payer” health care and it got me thinking about these frickin’ do gooders.
This whole healthcare “thing” seems to be equivalent to these folks trying to … put a Cadillac or BMW into everybody’s garage but leaving the payments to the recipients.
We are all then supposed to be eternally thankful, while we live under the burden they have created for us.
What a bunch of “used car salesmen” … and they wonder why we don’t want to embrace it.
Posted by: Neo | July 29, 2009 at 11:51 AM
"Obama’s Presidency would survive the murder of health-care reform. But he would be greatly weakened, with dire consequences for his ability to meet many other urgent challenges."
So once again, it's all about HIM. Let's pass a horrendously expensive and economy damaging government takeover of the health industry lest somehow it affect HIS ability to inflict more horrendously expensive government takeovers in the future. We don't really care what's in the bill, just how it impacts HIM.
Posted by: ben | July 29, 2009 at 12:05 PM
Here is an interesting piece tieing the slide of consumer sentiment to the Ogabe Regime's disapproval spread. I believe they're well correlated but I don't see causation. The cause of the consumer sentiment weakness is more likely to be Jinny and Johnny Newgrad sitting around the house while mom and dad mull over moving without leaving a forwarding address.
That and the never ending supply of pink slips.
Posted by: Rick Ballard | July 29, 2009 at 12:14 PM
It's schadenfreude all over again.
It's not schadenfreude, it's self defense.
Posted by: jimmyk | July 29, 2009 at 12:14 PM
But he would be greatly weakened, with dire consequences for his ability to meet many other urgent challenges."
Like air taxes?
Posted by: Pofarmer | July 29, 2009 at 12:34 PM
Pofarmer,
I'm beginning to believe that rising unemployment will knock off both Kill Granny and Air Taxes. The link which you provided this morning ties in nicely with The End of the End piece. Barack the Job Killer and his Capitol Hill Posse are gonna have their hands full in September - extended unemployment benefits are starting to run out and serious wage deflation starts right after that.
Posted by: Rick Ballard | July 29, 2009 at 12:43 PM
For our Progressives friends ..
imagine the best government run health car system you can ..
now imagine it's run by George W. Bush.
Posted by: Neo | July 29, 2009 at 12:50 PM
Preventative Medicine is Expensive
Posted by: glasater | July 29, 2009 at 12:54 PM
About those rising home prices.
Does this mean that demand is rising, or that nicer homes are being foreclosed on?
Posted by: Pofarmer | July 29, 2009 at 01:06 PM
Rick, in the plethora of threads I was waiting to see where you settled so I could respond to that 72 page link you called to my attention yesterday. That was a very good paper. I read it all twice and the basic takeway is that his charts and graphs all support the theme you, Rich, I and others have advanced: This economy is a long way from (real) recovery, at least to robust health. They don't speculate much on a time frame, but the selection of data draws our attention to not only the usual business cycles, but also to the demographic imperitives that I think work against a quick return to the status quo. Your four year horizon is probably about right...unless the new socialism makes it even longer.
Cap&Tax, Health Care, Card Check and all the tax increases on investors will all conspire to add to the four years.
As to the political fallout, that will be up to the minority party to find a voice and some leaders. There will be an army of us to support them, but so far they seem pretty hapless.
As I have said for months: watch the health care bill. If they sell that poison to the muddle, that will be a signal for a very long time in the wilderness. Investors will be looking elsewhere for greener pastures.
Posted by: Old Lurker | July 29, 2009 at 01:12 PM
LAT: The rising median price in California is the result of falling prices in the higher-priced segment of the market, which boosted sales of more expensive homes. That raised the overall value of homes sold, and the median, but happened because prices are falling,
Po, that's what happening here in NC too.
Posted by: DebinNC | July 29, 2009 at 01:23 PM
And something that warms the cockles of my regressive heart--an extensive stufy shows no health benefits to organic foods.
http://news.yahoo.com/s/nm/20090729/hl_nm/us_food_organic
Posted by: clarice | July 29, 2009 at 01:24 PM
Blue Dogs sign on to deal. Debate will begin today, and Waxman hopes for vote on Friday: LUN
Posted by: DebinNC | July 29, 2009 at 01:34 PM
Oops! Not a vote or debate, but marking up and "approval" by Friday.
Waxman said his committee would take up the bill Wednesday at 4 p.m., with hopes of approving it by Friday
Posted by: DebinNC | July 29, 2009 at 01:36 PM
Does this mean that demand is rising, or that nicer homes are being foreclosed on?
The Case-Shiller-S&P index is supposed to control for the quality of the house. That said, one upward blip does not a trend make.
Posted by: jimmyk | July 29, 2009 at 01:44 PM
test
Posted by: Barbara | July 29, 2009 at 01:52 PM
I think it's strategically better if the House passes a bill before adjournment. The bill would become a solid target, with real details to attack, rather than giving the Dems the ability to pretend it's all still negotiable, nothing's quite nailed down, etc., during the recess.
Posted by: Extraneus | July 29, 2009 at 02:29 PM
The best scenario would be a bill that's out of committee but not yet voted on. A stationary target as Extraneus said, that can be torn apart over the recess, but minus whatever momentum it would get if it's passed by the House.
I totally do not trust them to mark it up and force a vote before the recess, though.
Posted by: Porchlight | July 29, 2009 at 03:17 PM
Actually now that I've typed that it *might* be better to have the scare factor of it being "halfway there" if it's passed the House...but that seems awfully risky.
Posted by: Porchlight | July 29, 2009 at 03:17 PM
So is this townhall in Kroger to announce the formation of the Obamacare Safe House Inspection Taskforce (O-SHIT)?
Need to make sure every house is fully stocked with arugula and organic foods, free of smoke, has the proper newspaper subscriptions and magazines and NO GUNS or ammo...
a Safe House IS a health care qualified house.
Posted by: Stephanie | July 29, 2009 at 03:21 PM
Think of the panic while 0bama's numbers dwindle all throughout the month of August, with people in abject fear of what the Democrats will do to them, asking questions at town hall meetings like "Will you allow my dear old mother to have a pace-maker?"
Oh wait. That one was already asked, and he said no.
How about "Will you allow my sick baby to have the super-expensive drugs she needs to stay alive?"
He'll be promising to veto the bill within weeks.
Posted by: Extraneus | July 29, 2009 at 03:40 PM
Awesome, Stephanie! Since we have so many social workers coming through the degree mills, we can put some of them to work on the "end of life counseling" and the rest can work for O-SHIT.
I envision surprise house visits every six months to all homes with children under 18, to make sure the kids are being properly fed. No high-fructose corn syrup! No wrinkly grapes!!!!
Posted by: Porchlight | July 29, 2009 at 03:52 PM
He'll be promising to veto the bill within weeks.
Extraneus,
How incredible would that be? I can't imagine it since he is desperate to sign anything to claim he "fixed" health care (just like he "fixed" the economy). But a veto, or even a threat of one, would be quite pleasantly disastrous for him.
Posted by: Porchlight | July 29, 2009 at 03:54 PM
Cap&Tax, Health Care, Card Check and all the tax increases on investors will all conspire to add to the four years.
Let's say that we beat Cap&Tax, Health care, and Card Check. Let's just say. Now, undoubtedly, the Bush tax cuts will be allowed to expire, no doubt about it. And there's also no doubt that Obama wants to raise "fees" on all kinds of stuff. Also, the EPA can still reek havoc through regulation even without Cap&Tax. Even the current emissions standards are driving engine makers out of the market. Electricity prices are already climbing to pay for "conservation" which is just-nuts, but I degress. The economy has a lot of bullets to dodge, and an ever smaller productive base to take the hits.
Posted by: Pofarmer | July 29, 2009 at 03:57 PM
The latest on the Kill Granny bill from Ace of Spades, plus excellent info and advice at the end.
Posted by: DebinNC | July 29, 2009 at 03:59 PM
If health care is a right, then so are food and shelter, as has already been mentioned in this thread. But if these are rights, then so are clothes.
The government must therefore guarantee all U.S. persons a wardrobe, and that includes illegal aliens. Anyone caught wearing expensive clothes would by definition be causing an undue burden on government, since the money spent on one $500 pair of sneakers could shoe a hundred of the less fortunate among us. Therefore, we should all be given a clothing allowance by the government, and be expected to live within its means. This would reduce our carbon footprints as well.
Posted by: Extraneus | July 29, 2009 at 04:28 PM
OL,
Before we even get to the health bill, Frank will have busted the banks (again). I wonder if he dreamed that one up over a liquid lunch with Larry "Honey, I Shrunk the Endowment!" Summers at the Harvard Club? Having forbidden the collection of debt due, the next obvious move by the Ivy Lemming Gang is to mandate increased lending to the improvident.
Where can I get summa them bank stocks?
Here's another rear view mirror retrospective on the ABS debacle (via ZeroHedge). Table 6 is of special note, a fine graphic presentation of velocity going to 0 wrt ABS issuance.
The efforts of Frank and the Ivy Lemming Gang aren't going to move that velocity needle even a fraction of a millimeter off of 0.
Posted by: Rick Ballard | July 29, 2009 at 04:30 PM
I don't know if y'all are hearing excepts of Obama at the Kroger today, but, since it was in NC, local stations are playing excerpts hourly.
Obama sounds angry. It's just like his "taking off the gloves" persona during the campaign when Palin was a sensation and for several weeks Axelrod didn't know what to do. Apparently the internal polls are in, the focus groups have spoken, and the strategy now is for Obama to rail against his critics. I don't know how the event works visually, but he sounds whiny and strident.
Posted by: DebinNC | July 29, 2009 at 04:36 PM
If health care is a right, then so are food and shelter, as has already been mentioned in this thread.
If health care is a "right" then they cannot take it away.
Posted by: Jane | July 29, 2009 at 05:14 PM
How expectations have increased since the top of the last great era of prosperity, 1928, when Hoover campaigned on the slogan, "a chicken in every pot and a car in every garage".
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 05:34 PM
I can't watch where I am but I am reading similar comments elsewhere, DebinNC.
Getting him on defense is key to killing this thing, becuase he does not react well.
Posted by: Porchlight | July 29, 2009 at 05:39 PM
Mr. Onederful hates it when he is no longer wonderful.
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 05:55 PM
Jim,
Watch for the first reduction in Ogabe's inner circle of jerks. Somebody has to pay for his blithering incompetence and it's not going to be him. We'll be seeing a lot more whining and flailing fairly quickly.
Posted by: Rick Ballard | July 29, 2009 at 06:11 PM
Yes, Rick, who will be the first to want to spend more time with their family?
Posted by: bad | July 29, 2009 at 06:17 PM
FDA warning: All produce should be thoroughly washed before eating. This includes produce grown conventionally or organically at home, or produce that is purchased from a grocery store or farmer's market.
Politico has a story about Obama buying a peach at Kroger today . He walked over to the bin of peaches marked $1.19/lb, grabbed one, took a big bite, and gave the Kroger CEO a dollar. How he can lecture America about the wisdom of preventive medicine and then eat unwashed fruit before a national audience is unbelievable to me.
Posted by: DebinNC | July 29, 2009 at 06:27 PM
Politico: After his town hall at the Kroger supermarket in Bristol, Va., President Obama shook hands with store employees and posed for a few photos, then went over to a display of peaches on sale for $1.19 per pound. Obama snatched one up, took a bite and walked over to the supermarket chain's CEO and handed him a dollar.
Definitely one for the "What if it were Bush" file...
Posted by: DebinNC | July 29, 2009 at 06:34 PM
First Read reports on an Administration email announcing Obama's new
It was a toss up between putting that here or in the Gates thread.pitchtheme onhealthcarehealth insurance reform:Apparently Obama must be hearing a lot of questions like this one (via Instapundit) from a health care forum in Missouri: "At what point does the government say to me that it is your patriotic duty to die?" The Prez responded at today's townhall:
Sort of like, "I couldn't take your guns away, if I wanted to." First Read's header gave me the warm fuzzies: "Losing the Message War?"Posted by: JM Hanes | July 29, 2009 at 06:38 PM
DebinNC, have you seen the recommendations and demonastrations for washing fruits and vegetables? It's a one minute process for each item involving a scrub brush.
The presidebt is a doofus. Children all over America will be being unwashed fruits and vegetables and contracting Ecoli....
Posted by: bad | July 29, 2009 at 06:38 PM
Bad,
I'll take Larry Summers in the inner circle of jerks dead pool. By October 1. He has always displayed a propensity to utter approximations of the truth - the Regime simply cannot afford him. Romer and Geithner both lie with impunity and thus have a much higher value to this maladministration.
Posted by: Rick Ballard | July 29, 2009 at 06:43 PM
Can't argue with that, Rick.
Posted by: bad | July 29, 2009 at 06:46 PM
When I'm stupidly drunk, I always say:
"There are only two types of people in the world: the Irish, and the people who want to be Irish".
So Louie is Irish? No wonder he acted like a jackass.
Posted by: patch | July 29, 2009 at 07:10 PM
Arent you SO glad it was a peach? Cuz if it was another fruit, man oh man would we be getting another lecture on a teachable moment...
Posted by: GMax | July 29, 2009 at 07:15 PM
I figure Summers will be gone just as soon as it dawns on him that Obama has never seriously considered installing him at Treasury (or was it the Fed Chair he wanted?), and never will. OTOH, having proved himself a total suck-up, does he really have a future anywhere else?
Posted by: JM Hanes | July 29, 2009 at 07:44 PM
He's stupid enough to end up in academia again...
Posted by: bad | July 29, 2009 at 07:47 PM
Because of their fuzzy skin, peaches are often listed number one in the "Dirty Dozen" (the 12 fruits and vegetables with highest residual pesticides).
The Dirty Dozen
Plus, it's just damned rude to take a bite out of something before paying for it.
Posted by: Porchlight | July 29, 2009 at 08:06 PM
Regarding health care and speed of service in the US:
I had my regular pre-chemo check-up and blood tests on Monday of this week with my onocologist. My regular scans and MRI were then scheduled for tomorrow.
Would that speedy turn around happen under Obamacare or anywhere that had government in charge of healthcare?
I think not.
Posted by: bad | July 29, 2009 at 08:14 PM
Water and air are even more 'basic'.
Reproduction is the most basic of all then.
I don't think I need to extend that line of thought any further, do I?
Posted by: Soylent Red | July 29, 2009 at 08:16 PM
Watch for the first reduction in Ogabe's inner circle of jerks. Somebody has to pay for his blithering incompetence and it's not going to be him. We'll be seeing a lot more whining and flailing fairly quickly.
and
I'll take Larry Summers in the inner circle of jerks dead pool. By October 1. He has always displayed a propensity to utter approximations of the truth - the Regime simply cannot afford him. Romer and Geithner both lie with impunity and thus have a much higher value to this maladministration.
Rick -- the human debris has accumulated to the point that a train rather than a bus will be needed to get everyone under it. (not quite grammatical, but you get the idea).
It took Carter over two and a half years before he had the big pruning. If his campaign and appointee selection process is any indication, Mr. Onederful will take less than 10 months.
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 08:20 PM
bad -- I don't know about you, but I don't think I would still be blogging if I had been under Mr. Onederful's system for more than a year.
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 08:23 PM
AP
LUN
Posted by: bad | July 29, 2009 at 08:23 PM
Bad:
Why doesn't Mr. Onederful appoint Blithering Barney as Banking Tsar?
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 08:25 PM
Jim, I wouldn't be here either. I was told I had two weeks to live by my oncologist so I got a different one. He prescribed a chemo not tested for my type of cancer because it utilized liposome technology which means less side effects.
Nearly two years later, I'm still here.
Posted by: bad | July 29, 2009 at 08:37 PM
Blithering Barney sort of blew his Banking Tsar audition with FM/FM.
Posted by: bad | July 29, 2009 at 08:39 PM
Nearly two years later, I'm still here.
And we are all richer for it.
Posted by: Soylent Red | July 29, 2009 at 08:40 PM
bad:
Wow. Barney Frank is unfriggin' believable. Talk about doubling down on the trainwreck. I'd have thought I'd be desensitized to his unrelenting shamelessness by now, but it just gets all the more stunning over time.
Posted by: JM Hanes | July 29, 2009 at 08:43 PM
[[[blush]]]
Posted by: bad | July 29, 2009 at 08:44 PM
No kidding.
Posted by: Extraneus | July 29, 2009 at 08:44 PM
(I meant that in response to Solyent, of course.)
Posted by: Extraneus | July 29, 2009 at 08:47 PM
The Ibama admin is bragging that they rescued the economy and banking system but Barney the idiot wants to go back to what caused the mess in the first place.
Makes sense to me!!
Posted by: bad | July 29, 2009 at 08:50 PM
Jim,
I'm wondering when the scope of the tactical error involving Stim I is going to sink in. AFAIK, Romer is still blathering about inventory replenishment providing some sort of Q3 uptick. Today's durables report should shut her up. Ex-transportation there was a tiny uptick but the start of the slide in aircraft deliveries coupled with very low loan availability for vehicles means that we're at the "aside from that, Mrs. Lincoln, how did you enjoy the play?" moment.
I wasn't kidding about Commissar Frank's next move - mandated loans to people who cannot repay. The big banks are so screwed that I can't imagine a reason to own their stock - not with Commissar Frank sitting on the Politburo.
Posted by: Rick Ballard | July 29, 2009 at 08:57 PM
If it weren't for the fact that the "rescue" hasn't put anyone back to work or made anyone any money who wasn't in the market the past two weeks, it might just be believable.
Posted by: Extraneus | July 29, 2009 at 08:59 PM
BTW, when I dumped the oncologist, I got an appointment with the new oncolologist the same day and started the new chemo two days later.
Try doing that in Canada.
Posted by: bad | July 29, 2009 at 09:12 PM
Some day bad, I want to hear what goes thru your mind when you hear you have 2 weeks to live - when you are in the mood of course.
Posted by: Jane | July 29, 2009 at 09:17 PM
Rick, there is nothing but BS and wisps of smoke to suggest that Stim 1 has had any positive effect on the economy.
ITEM:
Some of our biggest banks are nationalized and damn few of them or the rest are making loans to anyone that needs money to keep a business or household afloat.
ITEM:
2/3 of our auto industry is effectively nationalized. Think of the success of the Skoda, Zil Zis, and Zim over the past 50 years and you get a taste of what Chrysler, Buick Chevrolet. and Cadillac will soon look like.
ITEM:
Workers are not even leaning on the main implements they use to build those "shovel ready" pork barrel projects.
Trillions for political payoffs to those who support the democrat party, but not one cent to the businesses that create most of the nation's jobs.
Someone said today that BHO was elected to use his perceived political skills to soothe the public and calm the troubled waters of our national economy. Instead, he executed a left flank march and immediately tried to consolidate even more power in the federal government.
But neither he nor his minions are up to the task.
When you have to rely on the likes of Pelosi, Waxman, Reid, Conyers, Rangel, for legislative action and Summers and Geithner for creative economic leadership, "you in big trouble".
Fie on all of them.
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 09:30 PM
bad:
You're the best. Keep up the fight!!!
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 09:32 PM
Jane, The practical side of me stopped at the funeral home on the way home to start the process of making arrangements....but only after the arrogant side of me said screw the oncologist and made an appointment with the new oncologist for the same day.
It really wasn't a big deal deal because I didn't believe him at all. I'm sure it was probably much harder for mr. bad.
Posted by: bad | July 29, 2009 at 09:36 PM
Jim, you too!! We stubborn, hard asses have to stick together.
Posted by: bad | July 29, 2009 at 09:41 PM
I didn't mean to put you on the spot bad and I'm sorry if I did.
Your response doesn't surprise me, but boy it is admirable.
Posted by: Jane | July 29, 2009 at 09:41 PM
I would say "badasses".
Posted by: Jim Rhoads a/k/a vjnjagvet | July 29, 2009 at 09:46 PM
I don't mind Jane. What I did took no courage at all because I KNEW he was wrong. The doctor patient thing really is a partnership and ours needed to be dissolved.
Turns out I was right.
Posted by: bad | July 29, 2009 at 09:49 PM
bas--we al know you are just too bad --and we are glad for that!I remember how worried I was for a while after you started chemo and were too tired to post--We all were really.
Posted by: clarice | July 29, 2009 at 09:55 PM
Thanks Clarice, I was on enough chemo to kill a waterbuffalo at that time and it was hard on my body. I would be thirsty and look at a glass of water on the table beside me and decide I'd just keep on being thirsty because lifting the glass was more than I could manage.
It pretty much fried my brain.
I'm so grateful y'all put up with me and my drival.
Posted by: bad | July 29, 2009 at 10:04 PM
Bad, you're my hero.
Seriously.
Posted by: Old Lurker | July 29, 2009 at 10:07 PM
One other medical related tidbit then I'll quit harping on Obamacare. I developed fluid around my heart which is pretty common for someone with cancer. My cardiologist prescribed an inexpensive, generic anti-reflux drug which has the side effect of getting rid of fluid around the heart. Ican't find any literature or studies about it on the internet and no trials have been conducted to recommend it as protocal or "best practise" but it works great at very little cost. Obamacare wouldn't allow it.
Posted by: bad | July 29, 2009 at 10:11 PM
"I'm so grateful y'all put up with me"
Aw...Mr. Bad pays us each $10/month to be nice to you.
:-)
Posted by: Old Lurker | July 29, 2009 at 10:12 PM
He only gives you $10?
Well, my mouth is sealed.
Posted by: clarice | July 29, 2009 at 10:17 PM
Old Lurker, you are very sweet but there truly was no courage or extraordinary anything involved except maybe for extraordinary arrogance on my part. I knew there was nothing wrong with me other than side effects of the chemo.
All I did was walk away from a doctor who didn't believe in me and find one who did.
Posted by: bad | July 29, 2009 at 10:18 PM
LOL
Posted by: bad | July 29, 2009 at 10:19 PM
OL-
How are you getting $10?!? And I bill him Chicago style, "You now owe XXX, pay XXY now and we wont bill you again 'til next week."
Gotta talk to the "street"...
;~{))
Posted by: Melinda Romanoff | July 29, 2009 at 10:22 PM
"Drivel" ? Never you, bad. Maybe some other posters, but never you!
Posted by: cathyf | July 29, 2009 at 10:24 PM
lol
Posted by: bad | July 29, 2009 at 10:28 PM
Sounds like Clarice has a better deal with Mr. B. Maybe we'll let her be the paymaster for the rest of us...
Posted by: Old Lurker | July 29, 2009 at 10:32 PM
You are amazing, bad. I pray for you all the time. Thanks for sharing all this with us.
Posted by: Porchlight | July 29, 2009 at 10:35 PM