Free Markets, Free People
In this podcast, Bruce, Michael and Dale discuss the top stories of the past week.
The direct link to the podcast can be found here. The link goes to BTR since my old computer is inexplicably dropping out of recording mode.
The intro and outro music is Vena Cava by 50 Foot Wave, and is available for free download here.
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Subject(s): Ted Kennedy’s passing and what, if anything, that means for health care. The CIA kerfuffle. And whatever else comes to mind while we’re talking.
For new readers, Questions and Observations is, in full, what QandO means.
- Still pining for that “public option” Bunky? Well you might want to take a gander at a public option our government has been operating for quite some time. That would be the Indian Health Service for Native Americans. It would be no pun to say the natives are restless about the service they get.
- Irwin Stelzer lays out 7 lessons learned from Cash for Clunkers. My favorite is “government forecasters are really bad at their job”. Wow, there’s a surprise. Anyone – can you name a single major program that was touted by government at one cost that didn’t actually end up costing far, far more than their estimate?
- It appears that President Obama’s pledge that “95% of Americans won’t see their taxes go up one dime” is being modified to add “but I didn’t say anything about a nickle – or a bunch of nickles”. Yes, given the rosy deficit projections that we’ve seen it appears higher taxes – much higher taxes – are now in the “when” not “if” category. As the Brookings Institute’s William Gale said:
“If you rule out inflating our way out of the problem and defaulting on the debt, there are two ways: Cut spending or raise taxes”.
Of course, I’m on the “cut spending” bandwagon personally.
- Here’s an announcement that should warm the cockles of your heart – Wells Fargo Home Mortgage, Inc., the California Housing Loan Insurance Fund (CaHLIF) and Freddie Mac, have put together a program that allows teachers working within the state to purchase a home with a downpayment of just $500. Wait a minute – isn’t that exactly the sort program that supposedly got us into this mess in the first place?
- Investors Business Daily finds that its rather roundly panned claim that Stephen Hawking wouldn’t have fared well under the NHS is, in fact, correct, but certainly not for the reason that he isn’t British. In fact, Hawking didn’t fare well at all with the NHS which didn’t even provide what anyone would call minimal care for his condition. His care ended up being provided for by private donations and private health care providers.
- Apparently Democratic Colorado Representative Betsy Markey didn’t get the talking points memo in which President Obama claims there won’t be any cuts to Medicare benefits. Either that or she’s actually read the bill and in a fit of honesty said, to a constituent asking about that very point:
“There’s going to be some people who are going to have to give up some things, honestly, for all of this to work. But we have to do this because we’re Americans.”
Actually we don’t have to do this and for precisely the same reason.
- The real astroturfing of townhalls has begun in earnest as Organizing For America – the successor to the campaign’s “Obama For America” – begins to finally stage a supposed “grassroots” push back against the rabble from the other side. Of course OFA claims they’re all about grassroots movements. BTW, if you’re wondering which side is which at a townhall, OFA is the “grassroots” organization with same color t-shirts and the preprinted signs.
- Wandering through Europe, Roger Simon is hardly surprised that the predominant English language news channels carried there are the BBC and CNN International. What did surprise him was discovering English language Al Jazerra and finding it more balanced and better than the BBC or CNN International.
- Anyone know who or what really saved the whales? Well it wasn’t Greenpeace – whales were saved well before Greenpeace ever became an organization. No it was actually capitalism and the petroleum industry which saved them. When petroleum became available in large quantities and at a low cost, the whale oil business went extinct almost over night. You’re not likely to read that in any environmental, animal liberation, “man is an eco-tumor” literature you might pick up. But think about it …
Morale has sagged at the CIA following the release of additional portions of an inspector general’s review of the agency’s interrogation program and the announcement that the Justice Department would investigate possible abuses by interrogators, according to former intelligence officials, especially those associated with the program.
Wow, I can’t imagine why morale has sagged. Issues that were previously dealt with by Congress and the DOJ are now back under a microscope and somehow the agency is experiencing low morale? Who’d a thunk?
Look, I think it is pretty well known by those that read this blog what our feelings are about torture. We don’t condone it. Period.
However, as I understood it, that issue had pretty much been settled, new guidelines issued and, as a policy, apparently followed (there may be some individual incidences where that isn’t true, but policy was settled). Point made, lesson learned, new policy in place. Move ahead.
We also watched President Barack Obama assure the agency that he wasn’t interested in looking back, implying he too thought this was all settled business, but instead looking to the future – and he further assured them of his backing.
And now this. I frankly don’t understand necessity of this at all – especially when we’re engaged in two wars in which this agency’s best is necessary.
But I do understand the timing. This is a complete waste of taxpayers money, but it is a political distraction and diversion of the first level when such a distractions and diversions from the health care debacle are badly needed. The CIA is always a favorite target of the left. And it handily resurrects the liberal left’s favorite bete noir – Darth Cheney – just when a bad guy is needed. What better to take the heat off the Dems than a witch hunt involving the CIA and Dick Cheney?
Nothing is new in politics – especially new lows. This, as far as I’m concerned, ranks right there with the lowest.
The Department of Justice? New Black Panther voter intimidation case with video of the crime? Dropped. Pay-to-play corruption case against Democrat Bill Richardson? Dropped. 5 year old case involving the CIA previously settled by Congress and DoJ? Oh, let’s do that. Hard to fathom a more obviously cynically political move than that from a department supposedly dedicated to the enforcement of justice.
This too has the potential to backfire, big time.