Archive for the ‘Economic Crisis’ Category

Obama and Democrats are Like Thelma and Louise

Tuesday, May 4th, 2010

By Elois Zeanah

Remember that 1991 move “Thelma and Louise”?  Remember how it ends?  Two women are on a road trip and decide to floor the gas pedal to accelerate their car over the cliff and commit suicide.  The film ends with a freeze frame of the car in mid-air.  The women are laughing and screaming with the thrill of the ride – with no concern for the crash to follow. 

This is the image that Obama and his Democrat congress bring to mind.  They are determined to floor the gas pedal to drive our economy off the fiscal cliff — but they are enjoying the ride and giddy with the thrill of their victory over the American people.

Under President Obama, the meaning of “transfer of wealth” is broadening like a tide of red ink.  Not only is Obama  working tirelessly to transfer wealth from Americans who earned it to those who did not, he works increasingly hard to transfer wealth from Americans to creditor nations who keep U.S. afloat. Red ink, like an oil slick, is rolling toward shore, sucking energy and life from every organism in its path.

 Astonishingly, while Obama ratchets up spending, which translates into more taxes and more debt, his Federal Reserve Chairman and House Budget Chief warn that federal deficits could cripple the economy permanently; and Obama ‘s deficit reduction commission confirm that disaster is inevitable unless the tide of red ink is rolled back.  All agree that entitlement cuts (and, of course, more tax increases!) are necessary to stem the red ink tide and avert disaster. 

Since everyone agrees that America’s economy is in crisis and that entitlements, the momentum that swells the rising tide of red ink, must be rolled back drastically, why isn’t Obama and the Democrat congress proposing a safety net of spending cuts to save the economy from drowning?  Why is Obama and his Democrat congress calling for cuts in Social Security, Medicare, and Medicaid – while stoking public anger to push through another entitlement called amnesty? 

Amnesty will force taxpayers to pay about $90 billion more every year for immigrants who will receive $3 to $4 in public benefits for every $1 they pay in taxes, according to the Heritage Foundation.   This only deepens debt and explodes deficits.

When Obama and the Democrat congress drive us over the looming fiscal cliff, will they still be laughing?

OBAMANOMICS VS AMERICANOMICS: Can Obama Change?

Monday, March 8th, 2010

By Elois Zeanah

Ah, the blessings of free enterprise!  Once again innovation American style sprints its Olympic mettle over sluggish disincentives of taxation, regulation and government takeovers when it comes to cleaning up environment pollution and creating green jobs. 
     To build a great green machine in America, Obamanomics would destroy American enterprise and jobs through proposed cap-and-trade taxes.  Americanomics, on the other hand, allows innovators to take risks and fund their own ideas with their own money to solve environmental problems and create jobs.  Take the latest discovery of how to use the environmental pollution byproduct of coal-burning plants to “make coal the cleanest, cheapest energy source by turning its carbon-dioxide emissions into bricks to build” houses.[1]  This invention promises clean technology and new jobs. 
      Obamonomics would use big government to bully and close down coal-burning plants, force Americans to import more foreign energy and pay more for it.  Americanomics allows inventors to risk their own capital to wean America off foreign energy sources, capitalize American natural resources and keep jobs in America.
      President Obama needs to use this example and others to lead our nation out of the recession and stop bullying free markets.  Can Obama change?  Or is ideology more important?  So far his track record to fix what ails America, including destroying the best health care system in the world, suggests the latter. 


[1] “Dreaming the possible dream” by Columnist Thomas Friedman, March 8, 2010

MESSAGE TO THE PRESIDENT: Can You Hear Us Now?

Monday, September 21st, 2009

 By Elois Zeanah

 President Obama continues to blitz the airwaves.  My message is not breaking through,  the President of the United States complains. 

 Mr. President, the problem is not that we aren’t hearing you; it’s that you’re not hearing us!  Let’s see if we can clear communications over this land-line.

 When asked about why your message is not resonating, you say:  The opposition has made a decision.  They are just not going to support anything, for political reasons.

 Mr. President, concern that you’re wrecking health care for 97% of Americans to subsidize insurance for 3%  more Americans is not political.  Pardon me, but it’s irrational!   The realization that you over-exaggerate the number of “uninsured Americans” makes us cynical.  Our concern that your “reform” is a calculation to grab more power and more of our money to spread around is not political.  How many times have Republicans, Independents and Democrats explained that we ran your numbers?  They don’t add up.   In case our message did not get through, here’s a rundown of your numbers:

#1 UNMET PROMISE:  PROPOSED BILLS DO NOT COVER EVERYONE

 The 47 million “uninsured Americans” is a fabrication.  The number is closer to 10-16 million.  A close analysis of the same Census Bureau data you used reveals:

  • Millions of citizens covered by Medicaid and S-CHIP were undercounted.
  • Millions who have access to Medicaid and S-CHIP but choose not to take it until they are sick were counted as “uninsured”. 
  • Millions who earn $70,000 and over and can afford insurance were included as “uninsured”.
  • Millions of illegal aliens were counted as “uninsured Americans”.

 The real number of “uninsured Americans” is about 3% of the total population.  Opposition is not political!  Your proposal seems reckless.  Further, analyses show that despite spending over a trillion dollars in start-up costs, the House and Senate bills would still leave about 16 million Americans uninsured.  So promise number one that everyone will be covered is not met.  

 Do I hear static, sir?

#2 UNMET PROMISE:  PROPOSED BILLS DO NOT LOWER COSTS

 Then there’s that troublesome little issue of affordability.  Your premise that you must overhaul the health care system to curb unsustainable costs so that everyone can afford insurance seems to have fizzled. 

 Mr. President, concern that your own Congressional Budget Office says your plan will not lower insurance costs and the assessment by the non-partisan Heritage Foundation that private coverage for the typical American could go up as much as $460 per year due to new price controls set in the legislation – well, somehow our confidence crumbles.  This is not political.  It’s grave concern that Americans will pay more for less, have less choice and less competition, and be burdened by more onerous taxes and deeper deficits.

 #3 UNMET PROMISE:  AMERICANS CAN’T KEEP INSURANCE

 And all that talk about how you will make sure that every American who likes their insurance and doctors can keep them?  Well, Mr. President, that isn’t true either, is it now?  The non-partisan Lewin Group reports that almost 50% of private insurance holders will lose their coverage and be shifted to the public plan.  That’s just to start.  How many more of us will fall like dominoes behind those?

 And, oh, Mr. President, there’s that thorny issue about Americans being able to choose a plan like Congress.  Remember what you said at a town hall meeting on August 11th?  You stated, “That’s what the health exchange is all about, is that you – just like a member of Congress – can go and choose the plan that’s right for you.” 

 That warms our heart.  But when I checked, your plan for typical Americans is nothing like the Federal Employees Health Benefits Program that only you, Members of Congress and federal employees get.   Mr. President, surely you wouldn’t mislead us.  Did you know that the FEHBP system has no government-run public option competing with private plans

 Is that stuttering or static on your end, Mr. President?

#4 UNMET PROMISE:  WE CAN’T TRUST GOVERNMENT MORE

 Mr. President, Americans want true health care reform.  We have a problem.  Americans pay 18% GNP for health care while most other advanced countries pay 10% and have a longer life expectancy.  Yet medical costs in the U.S. continue to rise rapidly.  Something must be done.  But before we give up the best health care system in the world, we have a few questions:

 Why should we trust a president and bureaucrats, who have never had to meet a payroll, more than we trust free market enterprise?

 Why should we trust a president and bureaucrats to takeover the health care system when fraud in government health care programs runs 15% and fraud in the private sector is 1%? 

 Why should Americans trust a president and bureaucrats to keep the private sector honest when government will not hold itself accountable?  For example:

  • Social Security is a great program, but Congress couldn’t keep its hands off our trust fund.  Congress has stolen over $11 trillion from our Social Security trust fund and now seniors are scared about its future. 
  • Medicare is another program that works well, but once again Congress couldn’t keep its hands off our money and Medicare now has $38 trillion in unfunded liabilities.  
     
  • Government has been unable to stop the estimated $224 billion in fraud every year in Medicare and Medicaid.  Criminals live high-faluting lifestyles while seniors worry that Medicare may go bankrupt. 

 Mr. President, if you’re sincere about cleaning up the fraud mess, why are you waiting?

 There are so many other examples of how the President and Congress have been unwilling to use current laws on the books and their oversight authority to rein in abuses in government and in the private sector.  Instead, government declares emergencies and uses our tax dollars for bailouts for private industries that use the same accounting gimmickry that government uses.  This does not breed trust.

 Bottom line, Mr. President, why should Americans trust you and unaccountable bureaucrats with one-sixth of our economy when you haven’t proven that you are trustworthy? 

 I’m listening for your answer, Mr. President.  What’s that?  How this line been disconnected?

EXPANDING HEALTH CARE ENTITLEMENTS IS BAD MEDICINE AND WILL WORSEN HEALTH CARE: Could it Crash the Private Sector?

Sunday, September 6th, 2009

By Elois Zeanah

Independent analysts and the Government Accountability Office (GAO), the watchdog of Congress, have for years repeatedly warned that federal and state budgets will collide with taxpayers’ ability to pay the rapidly rising costs of health care entitlement programs.  Yet not only did Obama vote against reform bills as a Senator, his unsustainable proposals as President accelerate the pace toward collision. 

 The notion by Obama that he can expand Medicare and Medicaid and give all Americans affordable health care is quickly dispelled by highly respected GAO analysts.  Obama’s plan to broaden the pool of these two programs will not alleviate but aggravate the current fiscal crisis.

 THE FISCAL NIGHTMARE

“The official projections for current entitlements show that the American people will be confronted with a series of unpleasant options: savage benefit cuts, massive tax increases, or a combination of both.  Heritage Foundation analysts, among many others, have amply documented the long-term economic catastrophe that lies ahead without comprehensive entitlement reform.[1]

GAO:   76% of every $1 will go to Health Care and Debt Interest

GAO has candidly told Congress:

  • “Just ten years from now in this simulation that is based on historical trends and recent policy preferences, 76 percent of every dollar of federal revenue will be spent on retirees and their health are providers, health care providers for the poor, and our bond holders.  This leaves little room for other priorities, such as national defense and investment in infrastructure and alternative energy sources, and threatens the government’s fiscal ability to respond to emergencies, both natural and manmade.”[2]
  • “The GAO estimates that it would take a 39 percent increase in revenue, or a 37 percent decrease in non-interest spending, to close the federal fiscal gap.”[3]
  • “Further, the GAO points directly to health care spending as the major cause of the fiscal gap: “Rapidly rising health care costs are not simply a federal budget problem; they are our nation’s number-one long-term fiscal challenge.[4]

President Obama uses these dire warnings to make his case to Americans.  Yet, interestingly, his plan does exactly the opposite of what economic experts tell us reform must do:  Cut health care entitlement expenses!  Obama ignores these warnings and instead of cutting Medicare, Medicaid and SCHIP, Obama expands these three health care programs in the name of reform and magnifies problems as a consequence.  His proposals will not only lead to more expensive programs and greater deficits but higher taxes at both the federal and state levels.

Government Health Care Costs Will Force States to Raise Taxes

  • GAO’s warnings include that “Health care costs, principally Medicaid costs,[5] even at current levels will force states to raise revenue or reduce spending by 7.6 percent every year in order to close the fiscal gap faced by state and local governments.”
  • “It is ironic that just as Senator Baucus and others propose to add millions of additional beneficiaries to the fiscally troubled Medicaid program, Congress is on the threshold of passing a temporary increase in the Medicaid Federal Medical Assistance Percentage (FMAP), the federal Medicaid match, in order to provide urgent economic relief to states.”[6]

WILL OBAMA CAUSE PRIVATE HEALTH CARE TO CRASH TO GET CONTROL OF HEALTH CARE?

“Adding more people to Medicaid when states cannot even afford their current programs makes no sense – unless the real object is to crash the program in order to force the states to support a single-payer system, under which the federal government would take over the entire health care system.  Congress’s own analysts have demonstrated that the current path for Medicare and Medicaid is unsustainable.”[7]

  • “The Obama and Baucus proposals…directly undermine the historic accomplishments of the 1990s welfare reform, which was designed to get Americans off of dependence on government programs.  Indeed, expanding the private health insurance pool and spreading risk over a larger population would help to stabilize health insurance premiums and slow the growth in health care costs.”[8]
  • “The President and Senator Baucus would also undertake a major expansion of existing government health care programs and entitlements, including Medicare, Medicaid, and the State Children’s Health Insurance Program (SCHIP).”
  • “Medicaid is already unsustainable for states and is already threatening state budgets”
  • “Expanding Medicaid discriminates against low-income families and provides limited access to health care.”

“EXPANDING MEDICARE AND MEDICAID AND INCURRING NEW LIABILITIES IS, TO PUT IT MILDLY, UNWISE

“Congress, in launching a recent series of massive bailouts, an unprecedented splurge in federal spending, has just created a record deficit of $1.6 trillion.  At the same time, Congress has avoided the tough but vital decision about how to pay for the massive entitlement obligations that have already been incurred in Medicare and Social Security, let alone how to finance new ones.

  • Medicare’s unfunded liabilities stand at $38 trillion currently.  “Medicaid’s long-term unfunded liability will be even greater than Medicare’s because Medicaid is funded entirely through general funds on a pay-as-you-go basis, with no trust funds or dedicated payroll tax available for its use.
  • “Given the unsustainable cost of the current programs and the utter failure of Congress to address these issues, it is hard to imagine how Congress would plan to finance additional entitlement costs.  The current approach on Capitol Hill is to avoid such accountability.”[9]

 


[1][1][1] Ibid.  (See Heritage entitlement spending charts, “Entitlement Spending Will More than Double by 2050,” “Entitlements Alone Will Eclipse Historical Tax Levels by 2052,” and “Mandatory Spending Consumes Growing Share of Total Spending,” at http://www.heritage org.  See also: U.S. Government Accountability Office, “The Nation’s Long-Term Fiscal Outlook: September 2008 Update, GAO-09-94R, at http://www.gao.gov/new.items/d0994r.pdf (Feb. 6, 2009), and “State and Local Fiscal Challenges: Rising Health Care Costs Drive Long-Term and Immediate Pressures, GAO-09-21-OT, Nov. 19, 2008, at http://www.gao.gov/new.items/d0921t.pdf (Feb. 9, 2008)

 

 

[2] U.S. Government Accountability Office, “The Nation’s Long-Term Fiscal Outlook: September 2008 Update, p. 2.

[3] Ibid., p. 10

[4] Ibid., p. 8

[5] Ibid., p. 5

[6] The Heritage Foundation: “Note to Congress: Expanding Health Care Entitlements is Bad Policy,”, by Dennis G. Smith, Feb. 12, 2009

[7] Ibid.

[8] The Heritage Foundation: “Note to Congress: Expanding Health Care Entitlements is Bad Policy,” by Dennis G. Smith, Fe. 12, 2009

[9] The Heritage Foundation, “Note to Congress: Expanding Health Care Entitlements is Bad Policy,” by Dennis G. Smith, February 12, 2009

BUDGET DEFICIT NOW $9,000,000,000,000: How much is Due to Greed and Chicanery?

Wednesday, August 26th, 2009

By Elois Zeanah

“It should be the highest ambition of every American to extend his views beyond himself, and to bear in mind that his conduct will not only affect himself, his country, and his immediate posterity; but that its influence may be co-extensive with the world, and stamp political happiness or misery on ages yet unborn.” –George Washington

Our nation must find a way to stop its financial hemorrhaging.  Our economy cannot sustain this level of bleeding (borrowing and spending). The Obama administration raised its 10-year budget deficit projection by $2 trillion to $9 trillion.  (The national debt is already $11.7 trillion.) The White House report showed the public debt doubling by 2019 and reaching three-quarters the size of the entire national economy.  This is hard to comprehend. 

One way to understand its impact on our economy is to put it in the context of a one-dollar bill.  Fold the dollar into thirds.  Then unfold two thirds.  This represents our national debt.  Our nation cannot survive on one-third of our economic output.  The result would be horrific – not only to our generation but on “ages yet unborn”.

A book “National Suicide: How Washington is Destroying the American Dream from A to Z” by an investigative reporter, Martin Gross, to be released in September 2009, is about the outrageous expenditures that American taxpayers are forced to fund. Some payments are for programs that don’t do the job intended, others are to achieve political goals.  A few examples among the book’s revelations are:

·        $700 billion a year is spent on welfare, “amounting to $65,000 for each poor family of four, yet we still have the poor with us.”[1] 

·        “Both political parties secretly encourage illegal immigration (Democrats for votes, Republicans for cheap labor) and then reward the immigrants’ children with automatic U.S. citizenship.”[2] 

·         1,000 duplicate programs waste billions.

·        “Medicare and Medicaid waste $150 billion a year dealing with doctor and hospital fraud.”[3] 

·        “$45 billion a year is wasted on ‘improper payments’ and even more on ‘unnecessary agencies.’”[4] 

Cal Thomas writes, “This book will keep your blood pressure up and your motivation to do something about overspending high into the next election.  Publisher’s Weekly wrote in its review:  ‘A fiery A-Z compendium of government greed, chicanery and plain incompetence.  Gross enjoys a good rant, but his criticism are sound and well-supported.”[5]

A good place for Americans to start to hold Washington politicians accountable for their “greed and chicanery”, is to demand that current bills on health care reform that do nothing to stop the financial hemorrhaging must be scuttled!  Like the dollar bill illustration above, only one-third of House Bill 3200 is about health care.  The rest, according to a legislative consultant who appeared on a Fox News program, is about pet programs, totally pork!

Federal government programs are riddled with fraud as a rule.  They “are inherently vulnerable to bribery, fraud, conflicts of interest, and collusion.  There is an old adage that where there is money to be made, fraud is not far behind, like bees to honey.”[6]  This is a primary reason for Americans to insist that government “keep its hand off our health care”.  Examples of fraud in federal programs within the last year alone include:

·        The $750 billion Troubled Assets Relief Program (TARP), signed by President Bush in October 2008.  Tens if not hundreds of billions of dollars in taxpayer money will be lost to fraud” within TARP.[7] 

·        The $787 billion stimulus package passed by Congress and signed into law in February 2009.  “Estimates are that $50 billion of stimulus money will be lost to fraud.”[8]

It’s past time for Washington to start purging costs from wasteful/inefficient government programs to stop the financial hemorrhaging.  It’s not time to pass a new entitlement of a health care bill that will explode deficits. 



[1] Cal Thomas “Deficit has gone far beyond being our children’s burden”, August 26, 2009

[2] Ibid.

[3] Ibid.

[4] Ibid.

[5] Ibid.

[6]

[7] Quarterly Report to Congress, Office of the Special Inspector General for TARP, April 21, 2009 (source: “Stop Paying the Crooks” book, foreword by Newt Gingrich)

[8] Greg Morcroft, “Fraudsters eye huge stimulus pie, consultant says,” MarketWatch, June 12, 2009 (source:  Book, “Stop Paying the Crooks”, foreword by Newt Gingrich

WHO’S THE NEXT TAX VICTIM? Big Government is now coming for the Poor!

Monday, August 24th, 2009

 

By Elois Zeanah

The THUMP, THUMP, THUMP of the big foot of government is heard in the distance – again!  This time big government is coming for yet more of your money to pay for health care.  They’ve soaked the rich to where numbers of the once-rich are dwindling.  So the big bully who survives by taking from others now has to move to new territory.  THUMP, THUMP, THUMP!  The giant government will this time – get this! – tax poor people more than rich people. 

Remember the poor people who voted for President Obama because he said he would give them free health care and other freebies and tax only the rich?   THUMP, THUMP, THUMP, the giant bully is on the move.  He has to be fed.  If nationalized health insurance works for Europe, it should work for all Americans.  If Europe uses the value-added tax (VAT) to help pay for socialized medicine, what’s wrong with European-level taxes for Americans?  After all, don’t we want to be like Europe?  THUMP, THUMP, THUMP, the Obama administration is hungry.  It’s on the prowl for another victim – an unsuspecting victim would be easiest.  Its ravenous appetite makes VAT deliciously appealing. 

Not to worry about the poor seeing through this trickery.  The Value Added Tax will not be transparent.  This essentially national sales tax will tax products in every stage of the production chain from manufacturing to delivery.  THUMP, THUMP THUMP!  As the product moves from manufacturer to wholesaler to retailer, the government is there to take a tax bite.  These taxes will of necessity be passed on to consumers.  Goods and services will cost more.  VAT will hit everyone, but being a regressive tax, it will burden the middle and low income more because they spend most of their income on goods and services. 

Wouldn’t this tax be contrary to what President Obama promised?  Of course!  But who’s to know?  Consumers will not blame Washington.  Washington will tell consumers to blame those greedy business people – just like those evil insurance companies are to blame for high health care prices.  The big bully is marching, but he won’t arrive until after the 2010 elections.  Can’t confuse the voters now, can we?  But we can use the time to mull more mischief as bully government lays the trap for the next victim.  You can’t blame him; he’s hungry and he’s got to be fed!  THUMP, THUMP, THUMP!   

SOCIAL SECURITY AND HEALTH CARE: “Love Your Country, But Never Trust Your Government”

Saturday, August 22nd, 2009

By Elois Zeanah

As Thomas Jefferson stated:  Love your country but never trust your government.  Social Security and Health Care fixes have been kicked around for decades by politicians.  Fixes could be reasonable and straightforward, but that’s not government’s way.  Politicians and bureaucrats want more power and control.  To achieve these, they must take more liberty and freedom from citizens, find a way to placate special interests and campaign contributors, and then mask their agenda in humanitarian terms and misleading titles and demonize opposing viewpoints.   

Government Resists Simple, Meaningful Reforms to Expand its Power and Control

There is no reason for government to takeover health care insurance except to gain more power and control over the everyday lives of Americans.  Meaningful reforms that increase efficiencies and cut costs are possible without an overhaul of our health care system that could destroy the best health care in the world.  These will be presented in a following article. Similarly, a straightforward fix to Social Security is no mystery. 

Other countries have successfully solved their problems by personal account retirement plans.  Given the crisis in Social Security that could dwarf the crisis in health care by its impending bankruptcy, Social Security should become the latest “emergency” and take precedence over health care.   One model for a fix is Chile’s model. Chile previously had a “pay-as-you-go” Social Security system similar to the United States and suffered similar problems.

Social Security Reform in the U.S. could Follow Successful Models Elsewhere

Chile’s model should be studied because of similarities with the United States.   In a March 19, 2005 Cato Letter, “Empowering People:  Chile’s Success with Social Security Privatization,” Jose’ Pinera, Chile’s former secretary of labor and social security and co-chairman of the Cato Institute’s Project on Social Security Privations, wrote:

“In 1980, the government of Chile decided to take the bull by the horns.  A government-run pension system was replaced with a revolutionary innovation:  a privately administered, mandatory system of Pension Savings Accounts.“After 16 years of operation, the results speak for themselves.  Pensions in the new private system already are 50 to 100 percent higher – depending on whether they are old-age, disability, or survivor pensions – than they were in the pay-as-you-go sytem….“The success of the Chilean private pension system has led seven other South American countries to follow suit.  Three years ago, Argentina (1994), Peru (1993), and Colombia (1994) undertook a similar reform and the new system is already working.”

Other South American countries are following.  To emulate Chile’s successful retirement program, other countries like China are studying Chile’s model  “It is possible that before entering the new millennium, several other countries, including all those in the Americas, will have privatized their pension system.  This would mean a massive redistribution of power from the state to the individual, thus enhancing personal freedom, promoting faster economic growth, and alleviating poverty, especially in old age.”

Ah, therein lies the problem. 

Government’s Appetite for Power is Never Satisfied

The powerful heartbeat within government is like the beast whose appetite is never sated.  Government wants to consume our personal freedoms with seductive freebies.  Government must make Americans dependent on government to become all powerful and all controlling.  Freebies by the government always cost consumers more in the long run (because of tax subsidies) than private industry.  At least, private industry is bound by laws, whereas government is not. 

If government had never stolen $11 trillion and counting of our FICA taxes and had secured our Social Security contributions in a trust fund, our government retirement insurance would not be near bankruptcy today.  Instead, government pulled a bigger Ponzi scheme than Bernie Maddof who ripped off $50 billion.  Maddof gets caught and prosecuted.  Government steals over $11 trillion, gets caught and gets off without even an investigation.

There are straightforward solutions to Social Security and Health Care.  But we won’t get these unless Thomas Jefferson’s words of warning are heeded:  Love your country, but never trust your government.

WHICH IS SCARIER: To Pass ObamaCare Or Do Nothing?

Thursday, August 20th, 2009

By Elois Zeanah

President Obama is trying to scare the public about the cost of inaction:   “Sure it’s expensive,” the President says, “but just think of how much it’ll cost if we don’t do anything!”  

ObamaCare is yet another trillion-dollar entitlement program that offers no proof that it will cure economic ills.  To the contrary, evidence suggests that ObamaCare will increase medical costs and, therefore, worsen the economy.  

It’s clear from reading the 1000-plus-page House Bill 3200 and hearing snippets of the Senate Bill that Congress is keeping secret from the public during the August recess, that the cost of doing nothing will be far superior than what’s been proposed by Democrats.   

ObamaCare:

  • is not paid for;
  • will trigger yet another trillion dollars in deficits;
  • will take freedom of choice from patients and doctors;
  • will penalize young people, seniors, and small business;
  • will financially harm physicians and hospitals by further reducing Medicare reimbursements; and
  • will strap states by increasing their costs for Medicaid. 

Now, that’s scary!  I’ll consider his “warning” an ObamaScare!   Further, there’s a far more serious catastrophe that’s looming:  the bankruptcy of Social Security in two years.

WHICH CRISIS IS MORE IMMINENT? Health Care or Social Security?

Thursday, August 20th, 2009

By Elois Zeanah

Social Security Will Be Bankrupt In Two Years (2012) 

Alabama Congressman Spencer Bachus, at home during the Congressional recess, reported on August 19th that Social Security will be bankrupt within two years – many years before government has been reporting.  This is a crisis!  Why are the President and Congress not heralding fixing Social Security instead of overhauling a health care system that’s works well but needs tweaks?  As Congressman Bachus stated:  “If a Social Security bailout is needed it will invaribly have an impact on government health-care programs.”

Social Security Is a Far Greater Threat than Health Care Reform In reality, only 3% of Americans don’t have access to health care who want it.   The 47 million number of uninsured Americans quoted by President Obama and Congressional Democrats is fiction.   

  • The largest uninsured group is made up of people who have access to either Medicaid or S-CHIP but choose not to take it. 
  • The next largest uninsured group is illegal aliens. 
  • The third largest group consists of people who make at least $75, 000 a year and choose not to enroll. 
  • That leaves a few million people.

ObamaCare proposes to destroy a healthcare system that works well but needs tweaks to get costs down and make it more efficient and make insurance accessible to those with pre-existing conditions.  What sense does it make to create a new system, that will have its own unknown and  unintended consequences, for the purpose of forcing 97% of Americans into a social experiment to help 3% of the population?  We should definitely tweak the healthcare system to: 

  • get rid of Medicare and Medicaid fraud and abusive medical lawsuits;
  • change federal laws that prevent interstate competition among insurance companies and choice for patients;
  • find a way to make insurance policies portable from job to job and deal with pre-existing conditions; and
  • plug loopholes in federal laws that allow illegal aliens to get free health care that causes hospitals to close and insurance premiums to rise.

But all this and other needed reforms can be done without the government taking control of our health care, putting government bureaucrats between patients and doctors, and triggering trillions more in deficits.

The Social Security Crisis Involves Greater Numbers than the Uninsured 

 “About 160 million workers are earning Social Security protection, and about 52 million people receive retirement, survivors and disability benefits from Social Security.”[1]  And approximately 77 million baby boomers are scheduled for retirement.  Far more millions of people will be impacted by the Social Security crisis than by the health care crisis. 

Furthermore, how can we trust government to manage our “health insurance” after Congress stole our “retirement insurance”?  In fact, many of the problems with our current healthcare system are caused by the government in the first place – just as problems with Social Security were caused by government not keeping promises to the pubic.

Government Broke Promises Regarding Social Security 

When the Social Security Trust Fund was created, government promised that participation in Social Security would be entirely voluntary, that payments to the “Trust Fund” would only be used to fund their Social Security retirement, and no other government program, and that annuity payments would never be taxed as income.   Every one of these promises has been broken.   

Congress confiscates our Social Security funds every month under the pretense that workers’ payroll taxes (FICA) for Social Security go into a Trust Fund for us to draw in retirement.  In truth, there is no trust fund.  Congress never set aside the trillions of dollars of surplus funds (over what is needed to pay immediate retirement benefits), but spends the cash immediately.  There is no pile of money somewhere that can be used to pay Social Security benefits – instead, it’s just a computerized ledger somewhere that says “IOU” to future Social Security recipients.  That’s it. 

To date, Congress has stolen and spent more than $11 trillion of our Social Security taxes that were supposed to be set aside in a trust fund to pay for our retirement.   In addition to raiding the Social Security Trust Fund every month, Congress continues to add costly programs under Social Security that sap money away from “retirement insurance”.  And government keeps adding liabilities to Social Security, such as giving immigrants who had never paid into the system Social Security benefits once they reach 65.      

President Obama and Congressional leaders are working on as big a hoax in their proposal for a government takeover of our private health care insurance.  And if they succeed, there will be no accountability – just as there is no accountability with the raiding of our FICA taxes. 


[1] Social Security Administration, SSA Publication No. 05-10055, August 2009, ICN 462560

Hey, Obama — Take Your Boat And Shove It!

Monday, July 27th, 2009

By Lucy Kubiszyn

          

At first, I didn’t believe what I heard on the radio. Listening to Rush Limbaugh discuss the section of Obama’s government health care plan now in Congress, I thought, this is America, and we don’t do things like that. But as I continued to listen, I actually became fearful. These people in power are serious about change, change in our values, our ethics, and yes, our country.

            Under Democrats, the future doesn’t look  bright for grandma and grandpa. As part of the pending legislation, senior citizens must submit to government counseling on “end-of-life issues” at least once every five years. If seniors have health problems or are in assisted living or nursing homes, they must be counseled more often on these issues. Combine this part of the legislation with the section that says under Obama’s plan older citizens may be denied more health services in the future because of their age, and it really doesn’t look good for seniors.

             According to the U.S. Census Bureau, the global population of seniors will double from seven to 14 percent over the next 30 years. Obviously, this population is taking up too much of the nation’s resources and therefore, has become disposable. Yet, this is the group of people who have worked hard  their entire lives, paid their taxes, supported their schools, churches and communities and served in our military. Now in their golden years, these seniors find Obama and his cohorts turning their backs on them.            

          Maybe most upsetting to me is the fact that I am one of their number, and I’m not ready to be shipped out to sea on Obama’s boat. I may be pushing 74, but I still have a pretty good life. I enjoy my husband, five children and 13 grandchildren. We work and bring money into the economy. We pay our taxes, support our church and community organizations. Bottom line, we are still active and productive citizens.            

          So, take your boat, Obama, and shove it!  I’m not being shipped out anywhere right now.   

“Each person has a Mission. God has created me to do Him some definite service; He has committed some work to me which He has not committed to another. I have my mission – I may never know it in this life, but I shall be told it in the next.” 

by Cardinal John Newman, Echo of Mary Queen of Peace, 1995 

Lucy Kubiszyn is a writer, retired public relations professional, and a wife, mother and grandmother with very conservative views.