Sunday, May 24, 2015

President Obama’s Dark Shadows

Years ago, on an earlier version of this BLOG, I wrote that I was “giving up on President Obama.”  Then, and now I find it depressing and really disappointing and sad that Mr. Obama’s interventionist and I believe socialistic approach to “fundamentally transforming America” is so misguided and so destructive. It is no surprise to me that his policies have generated a legacy of failure. The only saving grace for the country is the fact that the Congress has thwarted many of Mr. Obama’s destructive socialistic schemes. Many, but not all . . .

Sadly, Mr. Obama was able to strong-arm the passing of the failed nearly $1T Keynesian stimulus boondoggle bill (how’s that shovel-ready job working out for you?), the ever so destructive Dodd Frank finance “reform” law (can you spell crony?), and the “how can I count the ways it is destroys value” Obama Care debacle (aka “affordable health care act” without a single Republican vote). The economy has been anemic for seven years under the shadow of Obamanomics and the poor and middle class have suffered the most. The United States has assumed more debt under President Obama than was amassed under all of the previous presidents combined. The national debt is now more than $18 trillion and rising.
Speaking of legacies, how’s that key domestic-policy legacy going? Not so hot. ObamaCare remains unpopular; far more Americans oppose than favor it. People still remember the disaster of the October 2013 rollout, which still casts a shadow over the program today.  Those hard feelings were deepened last year by the discovery of a series of talks by key ObamaCare architect Jonathan Gruber in which he bragged that it had been falsely marketed to the American people to take advantage of their stupidity.” . . .  
In the latest RealClearPolitics polling average, 62% say the country is on the wrong track more than seven years after Obama moved into the White House. - New York Post 
Sadly, Mr. Obama has been able to impose several uber-destructive big-government agenda ancillaries such as the carbon emissions mandate by using his assumed authority over the regulatory agencies (vis “I’ve got a pen and a phone”).  We will suffer for decades from Dodd Frank and the Obama Care mess but hopefully future presidents will undo the damage on the regulatory side.   Mr. Obama’s foreign policy and the middle east in particular is a disaster on steroids.  Anyway you slice it President Obama’s legacy so far is a sorry one at best.

Now the end of his tenure is in sight and President Obama is trying like crazy to beef up his resume, his “legacy.”  His last ditch efforts to “fundamentally change America” (i.e. facilitate a “progressive” movement toward a welfare nanny state) are clouded in dark, socialistic shadows.  I gave up on him years ago. Then, and now I find it depressing and really disappointing and sad that Mr. Obama’s interventionist and I believe socialistic approach to “fundamentally transforming America” has been so misguided and so destructive.

Mark Van Schuyver

Emergency Room Visits Increase Under Obamacare

The Daily Signal.  An excerpt . . .

A majority of physicians report that they have seen an increase in emergency visits since Obamacare went into effect, according to a new poll by the American College of Emergency Physicians.
In a statement, Dr. Michael Gerardi, the president of the American College of Emergency Physicians, said that “hospitals are hurting.”
“America has severe primary care physician shortages, and many physicians will not accept Medicaid patients because Medicaid pays so inadequately,” Gerardi said. “Just because people have health insurance does not mean they have access to timely medical care.”  - Kate Scanion

The Libertarian Moment is Everywhere Around Us

Republicans and Democrats, conservatives and liberals want to keep the world tightly sorted into two categories that describe fewer and fewer Americans. Excerpt 

Republicans and Democrats are going to do their best to maintain their duopoly in a world where even freaking Pop Tarts come in dozens of varieties . . . 

This sort of enforced dualism is anathema in today's marketplace of goods, services—and ideas. That's especially true with millennials, the single-largest cohort in the country and folks who have grown up in a very different world than the black/white, right/left, Rep/Dem world many of us did. Based on various measures, they are presumed to be in favor of bigger government. Reason's poll of millennials from last year suggests that when millennials are confronted with the cost of providing more services, their enthusiasm for Leviathan declines greatly. - 

Labor board overreach

Labor board overreach - Washington Times An excerpt -

Last month, the National Labor Relations Board (NLRB), stacked with Democratic appointees loyal to Big Labor, enacted new procedures to govern unionization elections.
The new rules provide union organizers with more personal information (including phone numbers, home and email addresses) to press, prod and harass those employees who want nothing to do with them. It’s not a popular move: National polling shows 85 percent of Americans support employees being able to refuse having their personal information revealed to union organizers.
The new rules provide another wrinkle to make it easier for union solicitors to capture dues-paying members. Under the previous rules, it took an average of 38 days from the filing of an organizing petition to the holding of the election. The new rules shorten the campaign to as few as 13 days. The advantage? Union organizers can quietly lay the groundwork while promising the moon. After the union surfaces with a formal request for a vote, employers will be denied sufficient time to highlight the gap between labor’s promises to deliver on their wish list and business realities. . .  
Full Story

Friday, May 22, 2015

Global Warmin'

Former UN Lead Author: Global Warming Caused By ‘Natural Variations’ In Climate.  An excerpt . . .  

Scientists have had trouble explaining why satellite data shows that average global temperatures have been virtually flat for more than 18 years . . . 

“The magnitude of natural climate variability over the past 1000 years and even the past 100 years is hotly debated,” Curry added. “Personally, I think the role of natural climate variability has been substantially underestimated in our interpretation of recent climate change.”

Tuesday, May 19, 2015

John Kerry invests millions in fossil fuels. Do as I say. Not as I do . . .

Climate Alarmist John Kerry Invests Massively In Fossil Fuel Stocks - Excerpt

Secretary Kerry personally owned an estimated three to six million dollars in stocks of more than 50 oil and gas-related companies. Records from 2004 show that he’s been constantly and deeply invested in fossil fuels for at least a decade, and is still injecting millions in working capital into the very industries he condemns. What is the public to think of a cabinet-level prophet of climate doom who says one thing and does such another?
The discovery of this stunning hypocrisy emerged from fact checking research by Heartland Institute, after Kerry’s apocalyptic Atlantic Council speech. The finding raised two immediate questions:
How did such a financially vested nominee for Secretary of State get past the conflict of interest tests of the Office of Government Ethics and Senate confirmation? . . . 
Perhaps Kerry steadily pumps capital into oil and gas companies because he knows his rhetoric is deceitful, that climate change is not a crisis, and that the future of global civilization and human survival depends on fossil fuels. Perhaps he knows full well that the outcome of Obama’s energy policy will be to drive humanity into chaos that wrecks the Earth itself. . . - Heartland Institute

Monday, May 18, 2015

21st Century Socialism is So Much Better

Venezuela's Inflation Rate Is 200% and Credit Card Companies Are Cashing In - Excerpt

"Venezuela’s economic collapse is driving factories out of business, leaving store shelves barren and wiping out workers’ purchasing power.  MasterCard Inc. is doing just fine. Two powerful forces are pushing Venezuelans to rely increasingly on credit cards amid the chaos: runaway inflation and soaring crime." - Yahoo Finance  

Venezuela Inflation Seen Pushing 200% as Rationing Deepens  - Excerpt

Venezuela, which already has the world’s fastest inflation rate at a reported 69 percent in December, could see that rate more than double this year as it struggles to respond to falling oil prices.
“We may end up this year with inflation at close to 200 percent,” Alberto Ades, co-head of global economics research at Bank of America, said in an interview on Bloomberg Surveillance Friday. He forecast the economy would shrink 4 percent. “Venezuela is in a dire crisis.” - Bloomberg Business

Amazingly, Maduro Is Going To Make The Venezuelan Economy Even Worse. Yes, Worse  - Excerpt

There’s a useful point often made that when you’re at the bottom of a hole the sensible thing is to stop digging. That politics doesn’t work this way we know, almost every politician preferring to double down on their own prejudices rather than take note of reality and what the universe is trying to tell her. But it is rare to see true howling lunacy in action in politics, despite the sort of people who become politicians. Perhaps because we in the rich countries never do allow the true drooling incompetents to take power: or perhaps more realistically we never allow anyone to have enough power to destroy our economy.

I do not say that Maduro drools, nor howls, nor even that he’s a lunatic, but he is doubling down on a remarkably incompetent piece of public policy. . .
- Forbes