obama

Morning Bell: The Left’s Assault on the Declaration of Independence » The Foundry

Tickler Leave a comment

But denying the truth of America’s principles for the sake of “change” can make no claim to progress at all—a point made with unsurpassed clarity by Calvin Coolidge learn more here on the 150th anniversary of the Declaration of Independence in 1926: “If all men are created equal, that is final. If they are endowed with inalienable rights, that is final. If governments derive their just powers from the consent of the governed, that is final. No advance, no progress can be made beyond these propositions.”

We don’t need to remake America, or discover new and untested principles. The change we need is not the rejection of America’s principles but a great renewal of these permanent truths about man, politics, and liberty—the foundational principles and constitutional wisdom that are the true roots of our country’s greatness.

Read the full article here…  Morning Bell: The Left’s Assault on the Declaration of Independence » The Foundry.

White House Stands by Obama’s Claim That Single-Payer Health Care Works In Other Countries–It’s Just Not Sure Which Countries Obama Meant

Tickler Leave a comment

“I don’t know exactly the countries. I think if you talk to the people in the countries that have that system, they think their health care is pretty good,” White House Press Secretary Robert Gibbs told CNSNews.com Wednesday during the daily press briefing.

Asked again if he knew specifically which countries, Gibbs replied: “I assume Canada, Britain, maybe France. I don’t know the exact countries, but again, I don’t think the president is going way out on a limb that some people in other countries have a health care system that they like. Just as some Americans like the health care system that they have.”

…

The criticism of single-payer health care – primarily as practiced in Canada and Europe – has been that operations and procedures are long-delayed or denied and health care is rationed to control costs. For example, in Canada, the average wait for a 65-year-old man to get a hip replacement is six months, according to the Freedom Works Foundation.

The average wait time in a Canadian emergency room is 16 hours and 18 minutes. Also, “the average cancer test and radiation treatment cycles vary between 6 to 8 weeks,” the foundation reported.

John Goodman, director of the National Center for Policy Analysis and author of the book, “Lives at Risk: Single-Payer National Health Insurance Around the World,” has reported that in Britain, “at any one time, there are about a million people waiting to get into hospitals. According to the Fraser Institute, almost 900,000 Canadian patients are on the waiting list at any point in time. And, according to the New Zealand government, 90,000 people are on the waiting lists there.”

via CNSNews.com – White House Stands by Obama’s Claim That Single-Payer Health Care Works In Other Countries–It’s Just Not Sure Which Countries Obama Meant.

How to Stop Socialized Health Care – WSJ.com

Tickler Leave a comment

In other words, the public option is just phony. It’s a bait-and-switch tactic meant to reassure people that the president’s goals are less radical than they are. Mr. Obama’s real aim, as some candid Democrats admit, is a single-payer, government-run health-care system.

via How to Stop Socialized Health Care – WSJ.com.

Get Ready for Inflation and Higher Interest Rates – WSJ.com

Tickler Leave a comment

It’s difficult to estimate the magnitude of the inflationary and interest-rate consequences of the Fed’s actions because, frankly, we haven’t ever seen anything like this in the U.S. To date what’s happened is potentially far more inflationary than were the monetary policies of the 1970s, when the prime interest rate peaked at 21.5% and inflation peaked in the low double digits. Gold prices went from $35 per ounce to $850 per ounce, and the dollar collapsed on the foreign exchanges. It wasn’t a pretty picture.

via Get Ready for Inflation and Higher Interest Rates – WSJ.com.

Obama Administration to Seek New Power for SEC on Executive Pay – Bloomberg.com

Tickler Leave a comment

Obama Administration to Seek New Power for SEC on Executive Pay – Bloomberg.com.

Today’s proposal, subject to congressional approval, would cover all public companies. President Barack Obama has long supported giving shareholders nonbinding votes on bonuses, salaries and severance packages. The administration also will name a “special master” to monitor compensation plans for firms receiving exceptional assistance in the financial rescue.

Geithner is a terror, and backed by Obama? We’re in serious trouble. Why can’t these people see the damage they’re doing to American progress. We’ll soon see the proof. Some people just need many lessons to learn, and others like the current administration, never will learn if they haven’t now. We just need them out.