Give it, Take It Back Policy

My Flag Flies Everyday

My Flag Flies Everyday

BO and his frenzy of followers are hyped on the issue of “universal health care.” Well folks, I’m here to tell you that I’m a recipient of Uncle’s current health care plan. It’s called “Medicare.” I am the first to agree that it is better than nothing. When it was first instituted, my parents finally started going to a doctor. They were retired by that time. They led healthy lives, and lived long. A trip to the doctor meant you had a major problem, like the time dad pissed himself while shoveling snow at age seventy-eight. That incident finally convinced him it was time to get help. It turned out that in addition to an enlarged prostate, he had prostate cancer too. In spite of the surgery, and years of incontinence afterward, he lived to ninety two. He used Medicare about twenty times for follow up appointments.

Time marched on, and the cost of Medicare kept rising. The possibility of Medicare going bankrupt became a reality(have we heard that recently?) Our fine political representatives fixed it by raising the tax taken from our paychecks. Simple? At the same time, they fixed Social Security by raising the tax taken to pay for that. Still simple? Then the genii decided they were giving retired people too much, and decided to tax Social Security. What the “government giveth, the government taketh.”  Did I mention this “give it, take it back” policy was enacted under a Democratic president?  I digress.

The point I’m trying to make is that a big government universal health care plan will ultimately fail. (Case in point, the Fair Housing Act ultimately failed and led to the need for the bail out.) Uncle Sam can’t even pay for the health care plan he has. How in the world will BO pay for a bigger one? First, he will take from the rich, then, it will get more expensive, and guess what? You’re absolutely right. You will be asked to bend over and grab your ankles to get it shoved up your a__. The only ones to benefit will be the people hired to administer the program. Most likely, it will be a division of ACORN. Our health care dollar will be consummed by the administrators. It will be their job to curb costs by challenging every thing you go to the doctor for. Who will curb them? The pennies remaining from that dollar, will go to a physician.

If you you think I am being critical of Medicare, ask your  physician how he likes it. Many doctors don’t accept Medicare because Uncle doesn’t pay well. To compensate, Uncle has a stupid rule that he will pay for each visit.  To make some money, my doctor invents reasons for me to come see him. I take a blood test every three months, he could easily have his nurse call me with the results, instead he tells me to make a follow up visit to get the results. His rationalle, he has to review the results with me. The real reason, he bills Medicare for another visit.

Where will the incentive come for young people to become doctors? It is hard enough now to find a doctor that speaks without such a heavy accent that I can understand him. What incentive  will a student have to study for ten years, certainly not from a big government health care plan. Ask a Canadian what he thinks of his health care. First, he will brag about how all his medical needs are paid by the government. A few sentences later he will complain about the three months it takes to get an appointment, and the two year waiting list for surgery.

This is one of the issues BO keeps wishing John McCain will talk to you about. It is only his way to divert attention from his radical influences.

Get real folks, don’t buy into the idea that Uncle can do it for you better than you can do it on your own.

Obama Cooks!

In my business I learned about something called “root cause.” Whenever we were faced with the solution to a problem, we were to keep asking why, until we found the “root cause.” The concept sounds simple, but in the real world, looking for, and finding the root cause was not always easy. For the last two weeks, I have been looking for the root cause of the “bailout.” It hasn’t been easy, but slowly the facts surface and the source of the problem is emerging.

Back in the nineteen sixties Lyndon Johnson became President after John Kennedy was assassinated. LBJ wanted a legacy. He created the “Great Society.” He saw a world that  would be equal for all people, not just whites. His program was a response to the black civil rights movement. In nineteen sixty eight, with the support of President Lyndon Baines Johnson, Congress passed and enacted the Fair Housing Act (Title VIII of the Civil Rights Act of 1968). This law was enacted to eliminate discrimination within the housing market.

Tracing the path from the subprime mortgage failure to Barack Obama, Fannie Mae, Freddie Mac, Bill Clinton, ACORN, to LBJ is complex, but the underlying root cause of this catastrophic failure is the Fair Housing Act. Looking back on it, the act totally contradicts good business practices of free trading banks. It is a Federal givaway program to poor people across the country. We as a nation bought into this venture, and as long as everything was going well, we enjoyed the profits.

Several leaders involved in the melt down  enjoyed really big profits. I laugh when I hear the politicians speak about the “greed” on Wall Street.  The “greed” thing was being promulgated by Fannie Mae and Freddie Mac. The leaders of these organizations were cooking the books to make a bonus. Thank God the mess finally exploded. Who are the greed mongers? Three men emerge as prominent thieves.

They are: 1.) Franklin Raines, CEO at Fannie Mae, he left with a golden parachute of $240,000,000.00.

2.) Tim Howard, CFO at Fannie Mae, His parachute is valued at $20,000,000.00.

3.) Jim Johnson, CEO at Fannie Mae, jumped with a $28,000,000.00 parachute.

All three of these guys should be incarcerated, instead they went out and found new jobs.

Guess where they work now?  All three work for BO as economic advisors. With these three guys in his pocket, imagine how  BO will cook the books of the United States Treasury?

Can we really trust him to guard the hen house when he has all the foxes working with him?

Back to my original point, the root cause of this mess, the Fair Housing Act (Title VIII of the Civil Rights Act of 1968) must be repealed before it destroys the world economy.