Free Markets, Free People
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 …