When is inequality harmful? When it’s caused by cronyism. “If people can get rich by providing valuable things at good prices, then society will get more valuable things at good prices—and people across the income spectrum benefit. But if people get rich by pocketing subsidies and using the state to crush competitors, then they gained their wealth at the expense of everyone else.” Interesting that every “people’s movement” on earth seems to bring about the latter.
Bonfire of the Absurdities
CA county censors government employee who dares criticize Obamacare. Story is she said something about people having policies cancelled due to Obamacare then was allegedly reprimanded “because an unidentified person had overheard the small talk and been offended.” The “offendee” is likely to need medical treatment come 2014 – if he/she can still get it.
Iran foreign minister alludes to deceiving Obama administration during nuclear negotiations. “Mohammad Javad Zarif called America’s assertions about the interim nuclear agreement reached recently in Geneva ‘nonsense’ and said the Islamic Republic’s strategy will collapse the sanctions program.” Obama tells Americans they can keep their health insurance and they find out they can’t. Obama tells Iran they can’t keep their nuke program and they find out they can. With Obama, it pays to assume anything he says means the opposite.
Black Friday protests at Walmart staffed by professional activists. But the media is fond of telling us it’s the protests of ObamaCare and the Porkulus that are merely “astroturf.”
The Once Great City of Havana. “The biggest problem with foreign journalists when it comes to Cuba is that they take everything at face value. ‘So-and-so said he’s very happy that the revolution gave him an education and that he has free healthcare.’ Yet so-and-so ain’t so happy because his daughter has to sell her ass to tourists because while he’s educated, he can’t earn a decent wage. And so-and-so isn’t so happy that he’s got to find medicines and other medical supplies to take to his daughter while she’s in the hospital. That kind of stuff never gets reported.” That seems to be the way they treat Castro Jr. in this country as well.
Doctors boycotting California’s Obamacare exchange. “Enrollment doesn’t mean access, because there aren’t enough doctors to take the low rates of Medicaid,” he said. “There aren’t enough primary care physicians, period.” Must be one of those hidden benefits they keep bragging about.
Elizabeth Warren launches war on critical think tanks. “Warren has launched a campaign to force financial institutions to disclose support for think tanks just days after a Democratic, but not progressive, think tank criticized her…” Tanks that criticize a fine progressive like Fauxchahontas can’t be think tanks, Kimosabe. Every Soviet 1/32 Cherokee knows that.
California Air Resources Board: Let’s help poor buy energy-efficient cars as a way to clean the air. “In one scenario posed by the agency, a ‘voucher’ might even pay the full price for a Nissan Leaf, an electric car with an MSRP above $21,000…” Why stop there? Maybe CARB should buy everyone a bullet train in order to
go bankrupt clean the air eleventy times faster!
The coming global wealth tax. “In October the IMF floated a bold idea that didn’t get the attention it deserved: lowering sovereign debt levels through a one-off tax on private wealth.” Yeah, we’re out of OPM so the only way to fix it is with more OPM.
Young invincibles spurn O-Care. “…insurance coverage of any kind remains a tough sell for people in their twenties, many of whom are eligible to stay on their parents’ plans through age 26. …many young people might not see enrollment as being in their financial interest.” Gee, who coulda seen that one coming? Besides anybody not in the Obama Administration, that is?
Low-Information Leadership. “The president’s problem right now is that people think he’s smart. They think he’s in command, aware of pitfalls and complexities. That’s his reputation: He’s risen far on his brains. They think he is sophisticated.” Seriously, Peg, I think most of us dopes were long ago disabused of that particular canard. It’s only now that the political class is getting it, and it took months worth of hits with the 2×4 we call “ObamaCare” to make the point.
Who was standing behind Obama today? White House won’t say. “A pool report called the group ’19 individuals whom the White House said benefited from health care reform.’ Beyond that, their connection to Obamacare remains unknown.” Perhaps contractors and cronies – our guess would be they’re members of the Potemkin family, creator of fine
facades villages everywhere.
Obama: “We’re not going back.” “President Obama declared Tuesday that ObamaCare ‘is working’ and that ‘we’re not going back.’” Goodness no, why should we return to a system most people were satisfied with when we can have one that brings misery and chaos in order to pamper someone’s overdeveloped ego?
Detroit bankruptcy judge rules public pensions haircuts OK. “…decision is a critical milestone. …pensions, like any contract, can be cut, adding that a provision in the Michigan Constitution protecting public pensions isn’t a bulletproof shield in a bankruptcy.” So much the canard that Detroit can’t declare bankruptcy because it would be “failing to honor President 404.”
Potemkincare. “The Obama administration has not created a functioning Web site. Rather, it has erected a Potemkin village online — a façade that temporarily conceals the lack of architecture behind it.” What did you expect? Obama himself is just a facade that temporarily concealed the lack of character behind it.
Losing My Religion. Article at a financial website explaining why a former believer has come to see the academically-endorsed Efficient Markets Theory as bunk. There are lessons here about why most published studies should not be accepted at face value. “The data can be tortured to confess to anything. You need to apply liberal doses of common sense—more when the claims are outlandish.”
No security ever built into Obamacare site: Hacker. “When you develop a website, you develop it with security in mind. And it doesn’t appear to have happened this time.” Yeah, but it has kewl graphics and Obama’s name is mentioned on it so… Mission Accomplished! [Video at the link.]
Official: White House to push benefits of Obamacare, PR offensive on the way. Translation: ObamaCare is costing people more money for less service and the stupid website doesn’t even work so we’ll create a media-based sophmoric pep rally to make U like it! Even warehouses full of hammers could not be this dumb.
ObamaCare website crashes when CNN tests upgraded version. “I have to say it did work a lot more smoothly this morning.” Yeah, it let’s you type in a lot more stuff before it loses all of it.
Hard sell: Going door-to-door for Obamacare. “Non-partisan” Obamacare evangelists go door-to-door spreading the
manure good news about the Holey Redeemer’s healthcare scam, and get about the reaction you’d expect. “’Obamacare!’ says Shirtless, elbowing Pitbull. Pitbull then starts making finger-pistol signs directing me down the street. ‘Keep on walking with Obamacare,’ he says, still convulsing.” And that was one of the friendlier ones.
Media attacks Obama’s ‘”Soviet-style” publicity policy. “Major media organisations protest against being shut out of president’s events in favour of official photographer.” The dopes that put him on a pedestal are now bitchin’ about what they’ve wrought. If we had a 3D printer, we’d print up a nice violin to play.
Vote Republican — and save the country. A self-identified “old liberal Democrat” says his party “needs a crushing electoral defeat” in order to save the country from “the massive political sins of the Democrats” as well as to “save the Democratic Party from itself.” Too bad he didn’t say this before Nov 6, 2012…