Tag: government

Lying for Politicians

1:49 pm

With the recently passed debt ceiling deal, there are going to be a lot of news reports talking about how that deal is going to force cuts and reductions in government spending. Everyone one of these stories will be a lie.

Take for example this story today in Nature, discussing the fate of science research under the deal. Here is how they describe what will happen if the Congressional “super-committee” cannot come up with an agreement and across-the-board “cuts” are triggered:

“Then there will be extraordinary pain,” says Michael Lubell, director of public affairs for the American Physical Society in Washington DC. “And it will get worse in 2014.”

The two-stage structure of the debt deal explains both the short-term reprieve and the long-term worry. The first set of agreed cuts, totalling US$917 billion, will be spread over 10 years, but two factors mitigate their effect. First, reductions to defence spending will account for a significant share of the cuts — meaning that other US agencies won’t bear the entire burden. Second, the cuts are heavily loaded forward onto the 2014 fiscal year and beyond, in an apparent effort to shelter the current fragile economy. Only minimal cuts will be implemented in fiscal years 2012 and 2013.

The trouble with this is that it is simply not true. There will be no cuts at all, under any condition, according the debt deal.
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Federal payments required by Obamacare understate the cost by as much as $50 billion

12:07 am

Finding out what’s in it: Federal payments required by Obamacare actually understate the cost by as much as $50 billion, according to a new study.

In May a congressional committee set the accounting rules that determine who will qualify for federal health care subsidies under the 2010 Patient Protection and Affordable Care Act. When the committee handed down the rules to the Congressional Budget Office, its formula excluded the health care costs of millions of workers’ spouses and children. The result was a final estimate for 2010 that hides those costs.

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Treasury Adds Another $20 Billion In Debt Overnight, Just $160 Billion Below Revised Ceiling

9:41 pm

Get ready for another battle in Congress: The U.S. Treasury added another $20 billion in debt last night, putting it just $160 billion below the newly passed debt ceiling.

The total US treasury balance (subject to the ceiling) is $14.54 trillion (and $14.58 trillion for total), an increase of $20 billion overnight, the Treasury will hit its latest ceiling no later than the end of September. . . . The debt ceiling now is $14.694 trillion: a number which Tim Geithner will hit in about a month.

According to the bill that raised the debt ceiling, the ceiling is only raised in stages. The next stage of $500 billion requires Obama to request it and Congress to okay it.

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A Department of Innovation logo that can’t work

11:49 am

Department of Innovation logo

You can’t make this stuff up: Michelle Malkin points out that the logo created by Smithsonian’s Department of Innovation shows a gear arrangement that simply can’t function in the real world.

Check out the logo. 3 interlocking gears arranged in this fashion will not move in any direction. They are essentially locked in place. Which when you think about it, is a perfect analogy of today’s government!

The comments on the Department of Innovation’s own webpage are hilarious as well:

Perhaps this should be the new logo for Congress….since no motion could come from this arrangement.

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Life after the downgrade

10:30 am

Life after the downgrade.

An excellent summary of the consequences of a lower credit rating for the U.S. government.

There is a lot of anger at the moment in the US over the embarrassment of the downgrade, as well as shock. I’m most amused by the shock, to tell the truth. S&P didn’t say anything yesterday that was not common knowledge and common sense. If you had to rate a potential investment that had an income of, say, $22,000 a year but had costs of $37,000 per year, a standing debt of $143,000, and contracted future debt that exceeded $1 million, would you give that investment a gold-plated AAA rating and buy their bonds at the lowest interest rate possible, or at all? Of course not, but that’s exactly the fiscal situation of the US, at a 100,000,000:1 scale.

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Nebraska rare earth mineral discovery to challenge China’s monopoly

1:46 pm

A discovery in Nebraska of rare earth minerals appears set to challenge China’s monopoly.

To me these were the key quotes from this article:

The U.S. used to produce rare earths through the Mountain Pass Mine in California, but it was shut down in 2002, primarily because of environmental concerns, including the spillage of hundreds of thousands of gallons of water carrying radioactive waste into a nearby lake.

and

Although studies have shown the U.S. has 13 million metric tons of rare-earth minerals, National Mining Association spokeswoman Carol Raulston said it does not mine any of it – partly as a result of the difficulty of obtaining permits. “One of the key problems that investors tell us about is that the permitting regime in this country is so complicated and time-consuming that it has hurt investments here in the United States,” Ms. Raulston said.

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TSA Confiscates Pregnant Woman’s Insulin, Ice Packs

11:00 am

Don’t you feel safer now? The TSA screener in Denver decided a pregnant woman’s insulin and ice packs were a threat and confiscated them.

She asked 7NEWS not to use her name for fear of retaliation for speaking out. “I got a bottle of nail polish. I got hair spray bottles. I got needles that are syringes. But yet I can’t take through my actual insulin?” she asked. [emphasis mine]

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Five insurers cancel their healthcare coverage in Indiana due to Obamacare regulations

9:33 am

Repeal it: Five insurers have announced they are canceling their healthcare coverage in Indiana due to Obamacare regulations. The reason?

Aetna was leaving the Indiana individual market over a rule in the federal health care overhaul that insurers essentially must dedicate 80 percent of the premiums they collect to medical care. Anything less than 80 percent would be paid as rebates to policyholders the following year.

In other words, Obamacare tries to legislate the percentage of overhead a company spends, something that in the real world is simply impractical. Under this kind of regulation, every private company will eventually go out of business, leaving us stuck with a nationalized healthcare system run by our government.

And we all can see how efficiently the government runs things, right? Imagine a visit to the doctors’ office being like going to the motor vehicle administration.

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Tea Partiers like “terrorists.”

6:09 pm

Leftwing civility: Joe Biden accused the tea party Republicans today of “acting like terrorists” in the negotiations over the debt limit.

And why? Because they simply refused to back down to those who want to spend us into oblivion.

Then there’s this quote from Mike Doyle (D-Pennsylvania): “We have negotiated with terrorists. This small group of terrorists have made it impossible to spend any money.”

Impossible to spend any money? What kind of fantasy world does this idiot live in? The federal budget has doubled in the past ten years. Meanwhile, this debt ceiling bill does nothing to reduce the size of government. On the contrary, the so-called reductions in the deficit merely slow the growth of government. Under the agreed plan, in each of the next ten years the federal government’s budget will still grow, and it will do so at a rate far exceeding inflation in an dying economy choked by regulation and government interference.

How is it even possible to deal with this problem if you have to deal with people like this, who are so divorced from reality and consider anyone who disagrees with them the worst sort of monster? Sadly, it is impossible. Until we see a wholesale change in government, with most of these idiots thrown from office, we will see no change in how our government is operated.

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How the end of NASA affects national security

9:38 am

How the end of NASA affects national security.

Though I don’t agree with all of Dinerman’s points, he provides a complete and excellent analysis of the present political state of NASA. To me, the key quote is this:

NASA’s Administrator and his Deputy worked hard, along with the President’s science advisor and the rest of the White House team, to alienate a critical mass of members of Congress by ignoring their concerns, rejecting their advice and blindsiding them with critical space policy decisions. The Obama administration then wrecked the previous program on the grounds that it was underfunded and behind schedule, and replaced it with a new program that looks as if it is now underfund and behind schedule. Congressmen and women being human, and under massive pressure to cut spending, have now cut the guts out of the space agency’s proposed budget.

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10 years after concealed weapons law, the fearful claims of opponents turn out false

1:27 pm

Ten years after the passage of concealed carry laws, the fearful claims of opponents are proven false.

During the debate, opponents of the change warned of gun-toting, trigger-happy citizens loose on the streets. But violent crimes have been rare among carrying a concealed weapon license holders. Only 2% of license holders have been sanctioned for any kind of misbehavior, State Police records show.

Not that the facts matter to these anti-gun advocates:

Still, anti-gun activists say changing the law was a grave mistake. The Brady Campaign to Prevent Gun Violence Web site describes state reforms like the one enacted in Michigan as “a recipe for disaster.”

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Senate kills Boehner debt ceiling plan

8:49 pm

That didn’t take long: The Senate has killed the Boehner debt ceiling plan that passed the House.

What the Democrats are missing in all this is that if no debt limit extension is passed, it is their beloved programs that will be hurt the most. The Republicans have more or less always preferred limiting government, so imposing the debt ceiling will only serve their purposes.

Thus, it is the Democrats who need the debt ceiling extended more than anyone. That they seem unwilling to agree to any deal or even propose one of their own seems the height of stupidity. Talk about cutting off one’s nose to spite one’s face!

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How High Would Taxes Have to Be to Close the Budget Gap This Year?

5:41 pm

How high would taxes have to be to close the budget gap this year? One blogger took a look:

I decided to look at the IRS data and calculate exactly how high would the tax rates have to be close this year’s budget gap of around $1.6 trillion (it’s $1.65 trillion according to the White House and $1.55 trillion according to the CBO). What I found was certainly not surprising but still quite disturbing.

Take a look yourself. It is very clear that increased taxes cannot solve the debt problem. It can’t even make a dent in it.

In other words, those advocating a “balanced approach” are really only avoiding the problem. In order to get the federal budget under control we have to cut spending. Nor should that be hard, considering that the federal budget has literally doubled since 1999. If we simply went back to 2000 numbers we’d almost certainly have a surplus, and no one would die nor would the world end.

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Tea Party Members ‘Bloody and Beaten,’ But Still in ‘No’ Column

9:40 am

Tea party members still in the no column.

The debt ceiling situation is really very simple. The Democrats won’t propose anything, nor will they vote for anything that cuts anything. And a large percentage of the new Republicans elected to office in November won’t vote for anything that doesn’t include real and significant cuts. The result is there simply aren’t enough votes to pass a bill. This might change, but based on what I’m reading I suspect that come next week, the federal government will have to find a way to live within its means. And I think that will be a good thing, despite the short term pain it will certainly cause to us all.

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A problem like Pelosi

9:18 am

A problem like Pelosi.

Nancy Pelosi said the following about Republicans: “They don’t just want to make cuts. They want to destroy. They want to destroy food safety, clean air, clean water, the Department of Education. They want to destroy your rights.”

I want to ask you: How do you do business with someone like that? How do you do business with a party like that? “They want to destroy”? (I’ll grant that we think the Department of Education a total boondoggle.) “They want to destroy your rights”? I’m reminded of why I revolted against the Democratic party long ago: They all talked like this. They all regarded their opponents as monstrous or subhuman. And I knew it was bunk.

And in a related note: Democrats — with no bill of their own — point accusing finger at Republicans.

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Jaywalking mom gets probation but opts for new trial

9:17 am

The jaywalking mom whose daughter was killed by a drunk driverr, after being sentenced to one year probation, has also been given the option of a new trial.

Though I am glad for the mother, I wonder how it was possible for the judge, Katherine Tanksley, to award a new trial. First she sentenced the mother to one year of probation, then offered her the option of a new trial. If the first trial was faulty for some reason, how could she pass sentence? And if it wasn’t faulty, on what grounds could she allow another trial?

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One in eight small businesses have stopped providing health insurance since Obamacare was passed

8:44 am

Finding out what’s in it: One in eight small businesses have stopped providing health insurance since Obamacare was passed.

One of the great “promises” of [Obamacare’s] supporters was that insured people would be able to keep their current health insurance plan. As a practical matter that has not been true for a substantial number of small employers and their employees. Since enactment, one in eight (12%) small employers have either had their health insurance plans terminated or been told that their plan would not be available in the future.

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Why the Republicans revolted against their own leader’s proposed debt ceiling plan

8:01 am

Why the Republicans revolted against their own leader’s proposed debt ceiling plan:

The $7 billion that [was described as] “a real, enforceable cut for FY2012″ represents what the Government of the United States currently borrows every 37 hours. If the CBO’s scoring is correct – that it reduces the 2012 deficit by just $1 billion – then the ”cut” represents what the United States borrows every five hours and 20 minutes. In other words, in the time it takes to photocopy and distribute Boehner’s “plan”, the savings have all been borrowed back. [emphasis mine]

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