Health Care Oppression

Mahatmas Gandhi said, “Freedom is not worth having if it does not connote freedom to err.” Right now it is difficult for politicians to make the connection between freedom and the right of the government to intervene in citizen’s “wrong” choices. When government healthcare is signed into law those who believe in restricting your right to make “wrong” choices will have their “direct” connection: “Their behavior costs the public treasury.”

My neighbor is about 80 pounds overweight, smokes and rides a Harley. Does he have the right to his freedom? When we start paying for his health insurance will there will be a demand that government do something about his freedom to make all these “wrong” decisions? Remember, others may object to the sky diving or the mountain climbing you might do, or the hang gliding and scuba diving I do. The very liberty we enjoy is at risk and becomes subject to every invention in the minds of politicians.

Forget about trillions in debt, absurd taxation and destroying medical innovation. The direct connection to oppression is why I do not want government healthcare - not because I don’t care about my neighbor as President Obama asserts. Call your senator and congressmen now and tell them to vote against this monstrosity that will kill the greatest healthcare system in the world.

http://corneliusneil.blogspot.com/

Bill Ayers has never been put to judgment

Bill Ayers has never been put to judgment for a number of left wing bombings in America. He admitted, on inadmissible tape, his conspiracy and even being the inspiration for weathermen underground extremism. But where is the outrage?

In the end Ayers got off on technicalities, and yet he has never apologized for the atrocities to the victims. In a cover photo, Ayers stands on the American flag, his anti-Americanism notably and appallingly unrepentant; his arrogance is pompous as he elaborates his leftist rhetoric.

Ayers’ idea of educational improvement is the radicalization of elementary schools. Serving as the Chairman of the Board of Ayers’ foundation, Mr. Obama distributed hundreds of millions to ACORN. Are we to believe what President Clinton says is “The biggest fairy tale that I have ever seen.”

That is what makes the idea from Mr. Obama ridiculous that he thought “Bill Ayers had been rehabilitated.” Bill Ayers admits of having “not done enough.” And although he says he disagrees with the means, obviously Mr. Obama, agrees with Mr. Ayers ends - he lives the philosophy as the most liberal member of the Senate.

It may be concluded that Mr. Obama forgives Mr. Ayers for his atrocities because he believes it was, after all just misguided means to politically correct left-wing ends. Ayers’ acts are mitigated in Mr. Obama’s mind because the intentions were right. It is rationale that once again brings Mr. Obama’s judgment into question.

This socialist “end” has been instituted among many nations of the world, on numerous occasions and it has always failed. It survives only with extreme despotism, e.g. Cuba & China. But even with tyranny, left-wing philosophy fails, because when put into practice it destroys incentive and competition. Incentive and competition are the double-dynamo that powers the prosperity of capitalism.

Palin Shock and Awe

In the affable manner so familiar to the mid westerner, Governor Palin blew away her critics. Somehow the SNL mocking humor will have to overcome the antithesis of what the good governor laid down tonight. But I am sure they will find a way. Indeed the hatred meter inside liberals is pinned past the red line.

I admit that I tuned in expecting to see a bumbling idiot. I plead guilty to believing the main stream media that she is out of her league. But that was such an inversion of the truth I am staggered, shocked and awed. It truly put a smile on my face and renewed my faith in the judgment of John McCain.

Washington is truly quaking under the prospect of a dynamo like this. Shaking things up in the established order is the most difficult thing of all, said Machiavelli. And Washington is the most difficult establishment of all. But if there is any duo that can do it, this pair can.

It is very scary to libertarians like me, but the conservatorship of Fannie and Freddie goes back to the man on the ten dollar bill – Hamilton, creator of the central bank. Many consider him the premier American economic genius who understood the configuration of the most powerful economy on earth and capitalism itself. He was ahead of his time. A powerful Fed making mitigating moves would have his approval.

The Bush Administration handling of the economy is decisive. The moves have been effective, and calming to the markets. And thus the markets have made an orderly retreat to lower levels. In spite of the real estate melt down, the political season and the credit crunch, there has been no recession.

Fannie and Freddie have deteriorated into hybrid semi bureaucracies with many closets needing cleaning. Clinton crony appointees mishandled and ruined the agency with reckless and mercenary management. They scored millions for themselves and as the piper shows up to be paid, they can be found as advisors to Obama campaign.

I would counsel them that the loss of innovation is the curse of bureaucracy. The engine of incentive and the hunger for innovation is lost within taxpayer supported establishment. It breeds things like tenure, seniority and mediocrity and most importantly irresponsibility. The sub prime debacle simply brought that weakness to a head.

Fannie and Freddie were so bureaucratized; they could not go below their current rates. No matter how low fed rates went, mortgages were anchored to the cost of bureaucratic waste and big-time commissions for management. Fannie and Freddie were sapped of competitive capability by government secured complacency.

Sub prime loans were sub prime for a reason. They were made with liberal lending rules that succumbed to the needs of real estate over-development. For their troubles, sub prime lenders got a great deal more interest for taking that risk. We can say that they have already received their due.

Irresponsible rhetoric of an impending Great Depression aside, there has been only one month (December ‘07) of contraction. Though the first had a small expansion the last quarter shows a robust 3.3% growth and an unemployment rate that for the last six years has been consistently lower than the last four decades. Too bad for the big tax and spenders, the tax cuts must be given credit for the economy’s strength in meeting these headwinds. Now is not the time for big tax and spending suggested by candidate Obama. I would argue there is never a time.

But the political season has descended into politically correct hyperbole like; “Everyone is suffering and we are descending into a Great Depression.” has alarmed everyone and destroyed public confidence. Still, while the sub prime debacle reverberates all over the world, the American economy retains strong fundamentals. There is historically low unemployment, interest rates and last year’s inflation rate is not excessive compared to recent history.
But consumer confidence has been driven into the ground by politics. But confidence is really the only thing this market needs to meet the challenges brought on by excesses of overdevelopment and risky mortgages.

I also take issue with the term “bailout.” Considering the exact term “bailout,” the rhetoric is hyperbolic. A Resolution Trust Fund has its assets backed by real estate which is exceeded only by gold as collateral. The real value of property investing is in its intrinsic value.

And it is real, it regains its value when it is put back on line as housing for either buyers or renters. If these homes are not allowed to become derelict, investors would do well to back a privatized Resolution Trust Fund that has a competent property management component to put the property back online. This is a job for a real estate manager of the highest caliber.

We must remember that unless fraud is proven and people are prosecuted for misleading borrowers, the unqualified and defaulted buyer are the specific party that breeched the contract by failing to make payments. In many cases buyers received that privilege without down payment and without a good credit report. These buyers lived in a house they could not afford. And they walked away when they could not make the usury interest rate payments . . . Duh? But the most important question is why were taxpayers guaranteeing such instruments?

Fannie and Freddie are partly private businesses, just like any bureaucracy, Fannie and Freddie descended into complacency. Instead of responsibility in buying sub prime mortgages there were “agreements” padded with winking eyes that every bureaucratic administrator knows about. By the time it was disclosed that sub prime mortgages were risky, it was too late. But being outside the competition makes one rusty and feeling secure. In the bureaucracy one hand washes the other that has grease for the palm. Well, the party is over.

For those who could not afford sub prime loans, the foreclosed, they will have to claim bankruptcy if necessary; then if they want their own home they must get to work rebuilding their credit and building a real down payment. But for now they are a perfect rental market (perhaps lease purchasers) for the Resolution Trust Fund. That will create affordable housing from existing housing, not from over development.

That’s being a hypocrite.

They call themselves Democrat, but they have not accepted the edicts of democracy since the year 2000. Their goal is to win at any cost, even if it takes fighting every democratic decision by the majority.

That is not being democratic; that’s being a hypocrite.

If they lose, they fight the elected official in a way that subverts or defaces the official or even democracy if necessary. They offer every excuse to not follow the path, to smear and slime the democratically elected President, a man who pursues democracy in an attempt to free us from nuclear fear.

That is not being democratic; that’s being a hypocrite.

No democratic country has ever attacked another. Think about that . . . And while you are at it think about the lesson of Japan. Yes, we occupied that nation after Hiroshima but there was no need. They would have done anything we said to avoid another bomb, even if is took coercion with their own standing army, a fanatical kamikaze military.

Look at Japan now; they have their freedom, they are prosperous and there is no inference in their affairs. Is that “imperialism” as “Democrats claim?

That is not being democratic – that’s being a hypocrite

Iraqis and Afghanis are our friends as well. Only a fraction is religious extremist and radicals are quietly being rejected by newly born Iraqi democrats who, in spite of threats, bravely show their purple fingers and thumbs at the polls.

It also takes brave elected men and woman who follow the rule of law under constant threat of assassination, soldiers, the police and first responders who directly confront this evil. It will take a few election cycles to get the better leaders, although it seems with Maliki, they have done well for themselves. One thing we do know – no man rises by the gun in democracy. And we fear no democracy no matter how they are armed.

Hypocrisy is rationalizing that says even though while proudly calling themselves “democrat,” they contend that Arabs do not deserve freedom. They try to sell us they are better of with tyranny. They contend George Bush is a fool trying to free the world. But is it not the noblest goal of all – especially if it brings peace and security?

That is not being democratic; that’s being a hypocrite.

America has brought sixty million people their freedom with democracy in the Middle East. Today they have a constitution, representation and the rule of law, remarkable in just five years. But Democrats have fought freedom the whole way. How much more could we have done with unity? But if you call them on it they would say they voted for it. They were for it before they were against it.

That is not being democratic; that’s being a hypocrite.

As nuclear proliferation rolls out, it is dictators we fear with these awesome weapons, not democrats. Many of us are in denial, but nukes in the hands religious fanatics are untenable. Small watercraft is capable of carrying Hiroshima sized bombs, easily disguised and nearly impossible to defend against perfectly. Run it aground and pull the trigger. Every single beach is a highly populated target. One mistake by the Coast Guard and it is over.

The destruction caused by atomic weapons is intolerable beyond what most understand. If just one is detonated, even at sea, panic will ensue; the terrorists will have gained credibility. And there is no return address. There will be great fear as the coercive power of that situation would inevitability be fatal. Face it, we cannot kill every terrorist. Yet democrats argue against democracy, the one thing that can eliminate nuclear fear.

That not being democratic – that’s being a hypocrite. And some may argue it is heracy.

Fanni and Freddie Conservativeship

The Bush Administration handling of the economy is dazzling. The moves have not only been effective, but also calming to the markets. And thus the markets have made an orderly retreat to lower levels.

But tn spite of the real estate melt down, the political season and the credit crunch, there has been no recession. While the sub prime debacle reverberates all over the world, the American economy still has strong fundamentals.

The irresponsible rhetoric of an impending Great Depression aside, there has been only one month (December) of contraction. The last quarter shows a robust 3.3% growth and an unemployment rate that for the last six years has been consistently lower than the last four decades. Too bad for the big tax and spenders, the tax cuts must be given credit for the economy’s strength.

To libertarians it is very scary but the conservatorship of Fannie and Freddie goes back to the man on the ten dollar bill – Hamilton, creator of the central bank. Many consider him the premier American economic genius who understood the configuration of the most powerful economy on earth and capitalism itself. He was ahead of his time. A powerful Fed making mitigating moves would have his approval.

The loss of innovation is the curse of government (politically correct) regulated industry. The engine of incentive and the hunger for innovation is lost within taxpayer supported bureaucracy. It breeds things like tenure, seniority and mediocrity. The sub prime debacle simply brought that weakness to a head. These loans were sub prime for a reason. They were made with liberal lending rules that succumbed to the needs of real estate over-development.

The unqualified and defaulted buyer got to live in a house he could not afford. And, sub prime lenders got a great deal more interest for taking a risk. We can say that they already received their due. In many cases buyers received that privilege without down payment and without a good credit report. They walked away when they could not make the usury interest rate payments. But why were taxpayers guaranteeing such instruments?

By the time it discovered sub prime mortgages were too risky, it was too late. Even though they are partly private businesses, just like any bureaucracy, Fannie and Freddie descended into complacency. Instead of competition there were “agreements” padded with winking eyes that every bureaucratic administrator knows about. Being outside the competition makes one rusty and feeling secure while one hand washes the other that has grease for the palm.

Fannie and Freddie deteriorated into hybrid semi bureaucracies with many closets needing cleaning. This duo could not go below their current rates because they were sapped of competitive capability by regulation and thus inefficient. No matter how low fed rates went mortgages were anchored to the cost of bureaucratic waste. Well, the party is over.