Tuesday, July 10, 2012

Money, money and less money

aaa legacy

What’s New Today

Story #1 looks at the money situation in 2008 and today for candidate Barack Obama.  Things look dismal compared to four years ago.  #2 is a philosophical video on not eating the dog.  #3 is a Dilbert strip showing you the Obama philosophy at its barebones.  #4 looks at the real Norway, not the one imagined by Progressives.  #5 projects the future of Obamacare if it isn’t repealed.  #6 looks at racism from the left. 

Today’s Thoughts

Massachusetts Democratic Gov. Deval Patrick has vetoed the state legislature’s attempt to ban the use of EBT cards — or food stamps — to purchase items such as tattoos, porn and jewelry. No wonder people look at the left as crazy.  They are.  

President Obama launched a push to extend Bush-era tax cuts for the middle class for just one year.  The hidden message here is that next year he’s planning on raising your taxes if he is reelected.  

ABC News/Washington Post Poll--Always read the demographics:  Vote preferences among groups, as noted, include Romney’s best showing to date among registered voters who identify themselves as independents, 53-39 percent. Obama comes back to parity overall because Democrats account for a larger share of the pie than Republicans, 36 percent of registered voters vs. 27 percent.  Overall the poll was a tie.  So if Democrats don’t show up at the polls with 9 percent more people than Republicans, Obama loses big.  

1.  Why Obama is concerned about money

The huge money advantage Obama enjoyed over McCain in 2008 won’t be replicated against Romney in 2012.

Romney out-raised Obama $106 million to $71 million in June and indications are that, unlike McCain in 2008, Romney and the RNC will likely keep pace with the fundraising totals of Obama and the DNC.
Figures from 2008 show that the Obama camp is right to be concerned. As noted by Karl Rove, from June to November 2008 Obama outspent McCain on network TV buys by a 3–2 margin. In fact, Obama’s budget for Florida alone was $39 million compared to McCain’s $13.1 million, yet Obama – the inspiring, possibly first black president, blank slate, transcendent agent of Hope and Change — beat McCain by just 2.8 percent in the state.

In addition, data from TNS Media Intelligence show that Obama’s advantage over McCain expanded significantly as the election drew closer. Not only did Obama outspend McCain by 2.5 to 1 in TV buys in the last two months of the campaign, but in the week leading up to the election Obama outspent the Republican 5 to 1, including 46 original TV ads versus just 9 for McCain.

Now here is the kicker to this.  Obama won handily in 2008 by 9 million votes.  But 7 million of those came in three states, California, Illinois, and New York.  How much do you supposed he spent advertising in those states?  So the 2 million votes in the other 47 states were purchased with a 5 to 1 spending advantage the last week of the election.  In this election expect to see Romney have the spending advantage.   Obama should be terrified.

2.  Don’t eat the dog

Interesting video on the moral justification of free enterprise. 


3.  Dilbert Explains Obama’s philosophy to you


This probably is the best explanation I have for the progressive movement.

4.  Should America be more like Norway?

Liberals love Norway.  First, it is a European country.  Second, it is a liberal country; it gives out the Nobel Peace Prize.  Third, it is considered a welfare state, maybe even a socialist one.  In 2011 its tax revenues were 57% of its GDP, the highest of all advanced economies….

….I think of Norway as the Bono of countries.  It likes to preach to the rest of us how to be good citizens of the world.  In the meantime, it makes money hand-over-fist by being one of the biggest of the Big Oil gorillas.  It drills for it.  It drills for it in the ocean.  It sells it.  It owns a major oil company.  It increases its carbon footprint while the rest of Europe shrinks its own.

And here's another little secret about Norway.  Relatively speaking, it's not all that socialist.  In 2008, all government in Norway spent 39.8% of GDP.  At the same time, the "free market" U.S. was spending 39.2%, almost exactly the same.  (France was spending 53.3% then.)

In fact, Norway has been cutting the size of its government: from a high of 51.6% of GDP in 1992 to a low of 39.8% in 2008.  That is a huge drop, roughly equivalent to the federal government of the U.S. cutting it’s spending in half.

One more little tidbit: Norway's tax system is regressive, not progressive.  The top 10% make 28.9% of the income but pay only 27.4% of taxes!  The U.S. has the most progressive tax structure of advanced economies, in which the top 10% make 33.5% of the income but pay 45.1% of the taxes.
Liberal Norway-lovers don't like to advertise these parts of Norway's policies: slimming down its government, regressive taxes (not even flat), being part of Big Oil.

So the simple-minded story is that Norway is some great socialist state yet its economy is humming along just nicely.

Sometimes you want to check the facts.  Actually you always should check the facts.

5.  Obamacare and the coming storm

There may be a debate over whether Obamacare’s individual mandate is a penalty or a tax, but there is no debate among doctors and their patients about the fact that Obamacare will be bad for America’s health.

The climate in my medical office is changing; my patients sense that a storm is coming. They are worried, and there is little I can do to reassure them. They are used to my office manager getting approvals for the CT scans, mammograms, PSAs, and MRIs I order, and they realize that many of these tests will no longer be covered by insurance once Obamacare’s committees — which look at so-called comparative-effectiveness research and review current guidelines — are through with them.

Last week, with the Fourth of July looming, I was able to get a quick CT scan to rule out appendicitis for one patient, and an ultrasound of the legs to quickly diagnose a blood clot for another. Tests like these — ordered solely on the basis of my medical intuition – may not be possible in a few years. Since in both cases the symptoms weren’t “textbook,” I would probably have had to appeal to some Kafkaesque committee, wasting precious time; in an extreme instance, this could even cost a patient his or her life.

My patients know that their premiums will be going up and that, paradoxically, they will be receiving less service for their money. This is what happens when more people enter the system and are covered with easy-to-overuse insurance. Patients who overuse services will ultimately crowd out legitimate use for the group, as more regulations are imposed by both public and private insurers to preserve their bottom lines…. 

The left likes to say that national insurance will insure people don’t go to the emergency rooms for care that they should get from their primary care doctor.  But there aren’t enough primary care doctors so what we will do is to change who ends up using the emergency room.  I suspect it will be Medicare patients especially after they carve out the $500 billion from the program.  

6.  Racism Liberal Style

In advance of Republican presidential candidate Mitt Romney's speech Wednesday to the NAACP, a liberal group headed by a former New York Times reporter and ex-Media Matters executive have produced a video “satire” that claims blacks don't like Romney, who they dub so white he makes "Wonder Bread look like pumpernickel."

The YouTube from "The Message," an online "media hub," is described as a satirical video of Romney getting advice on what to say to the civil rights group. Or, as they said in a release, the video "lacerates Romney and his advisors as they prepare for his speech to NAACP in Houston on Wednesday."
The lead "advisor" in the video is described as the brainchild of the 1988 Willie Horton ads and the 2004 swift boat campaign. He states bluntly that "blacks don't like us and we're about to give a speech to a whole lot of them."

He also says to the candidate, "you are so white, you are extremely white, you make Wonder Bread look like pumpernickel," before advising the Romney actor never fully seen to "go on out there and get all Mormon, Martin Luther King on them, you're going to be great."

According to a news release, The Message said it plans to use videos to "say things that Democrats are afraid to say, connect with young voters-many of whom are alienated by today's political climate, and give smart and insightful voices an opportunity to contribute to the debate."


Trash is trash and racism is racism.  The left is a hotbed of bigotry.

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