Tax Cuts and Wars Driving National Debt

There’s a great article over here that demonstrates how Bush-era tax cuts for the wealthy and wars account for nearly half the debt our country currently faces.

Unmask the Fed

I firmly believe that the Fed is a financial system that favors the rich by bailing out risky decisions made by financial institutions. While I think there are some benefits to having a Fed, it’s lack of transparency is a major concern for those of us who think that unchecked power breeds corruption necessarily.

Source: Best Accounting Schools via BusinessPundit

Let’s unmask the Fed!

Scam of Ages

Scam of Ages, aimed at me,
Let me hide myself from thee;
Let the sickness and the blood,
From my wounds and years of life,
Be by some miracle then cured,
Saved from bankruptcy assured.

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U.S. Medical System’s Iatrogenic Issues

Something insurance reform won’t fix

Iatrogenic, adjective
a medical disorder caused by the diagnosis, manner or treatment of a physician.

Iatros is the Greek word for physician. -genic means induced by. Iatrogenic disease is a disease caused by a physician. Given the sheer complexity and technological wonders of modern Western [allopathic] medicine have led to some stretching of the strict meaning of the term, which is now applied to ANY adverse effect associated with ANY medical practitioner or treatment. Thus it can be used to describe the cancers caused (years down the line) by radiation and radioactive isotopes used to treat initial problems, prescription errors, hospital-contracted infections, problems caused when a surgeon leaves an instrument or two in the patient, a chiropractor who breaks the patient’s neck, etc., etc.

When I was busy educating myself as much as possible when my daughter determined to have her baby at home, I discovered that the nations that have the best statistical outcomes – fewest maternal and infant deaths or injuries – actually encourage home births because hospitals are dangerous places to both mothers and infants. They’re dangerous places for anyone these days, it seems. According to statistics compiled by OurCivilization.com, there are 8.9 million “unnecessary” hospitalizations every year in this country, which lead directly to 1.78 million “Iatrogenic Events.” Of 7.5 million “unnecessary” procedures ordered annually by physicians, another 1.3 million patients suffer direct harm. That adds up to 16.4 million people channeled into a harmful situation by their medical providers every year, and 3.8 million cases of direct harm to those people that they otherwise would not have suffered.

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Notes to Sarah’s Ghost

Soon to be ex-Alaska governor Sarah Palin has an op-ed published in the WaPo today [July 14] that obviously wasn’t written by Lady SaladMaster, and which derides Obama’s cap and trade policy while promoting ‘the usual’. Drill, drill, drill plus mountain destruction for un-clean coal and going nuclear. While I understand this attempt to keep herself in the ‘Puglican lineup of erstwhile power brokers even in her new persona as a Quitter Extraordinaire, I’d like to take on some of her ghost-writer’s points.

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The GOP “Budget” – Starve the Poor

After having some trouble coming up with an alternative budget with actual numbers in it last week, Republicans managed to offer what amounts to the same old same old on April Fool’s Day. No one was surprised.

House minority whip Eric Cantor explains how he supports Rush Limbaugh as the Republican Party’s leading economist, with some really great “ideas.” Like cutting taxes for corporations and wealthy Americans, while slashing government spending on Medicare and Medicaid. Now, why didn’t Republicans think of this when they had complete control of the government over the last eight years? Oops… they did.

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Obama vs. Press Dolts: Round 2

…Obama WINS!!!

After just 64 days in office attempting to orchestrate some way out of the unholy mess those nutty Neocons left in their disastrous 8-year wake, President Barack Obama (oooh, I love saying that!) held his second hour long in-depth press conference on Tuesday night. Imagine a POTUS who actually makes himself available on occasion to the press to answer real questions! A POTUS who can speak proper English without inventing nonsense words out of whole cloth and lapsing into feigned ‘folksiness’ or juvenile frat-boy antics! This is all quite foreign to a populace that votes not for intelligence and ability, but on who they’d most like to get drunk with down at the bowling alley. Wow. It’s beginning to like like America just might have decided to join the 21st century at long last, doesn’t it?

In this second presser Obama chose not to call on ‘the usual suspects’ among the WH Press Corps’ denizens (who got their chance at the spotlight last month). He didn’t call upon reporters from the Washington Post, the New York Times, the Wall Street Journal, the Los Angeles Times, the Chicago Tribune or even USA Today. Instead, he gave the backup bench a bit of a workout. This predictably led the stars to whine loudly that they weren’t getting their due amount of attention from their host.

But the true highlight of the evening was when Obama went ahead and DID call on one of those usual suspects – Ed Henry of CNN, who tried really hard for a “gotcha” question Obama would trip and fall over. Henry had already asked the question, but didn’t like the answer. So thought he’d have another go at wasting valuable air time with his oversized ego.

Henry wanted to know – and know right now – why it took Obama two days to come out publicly with outrage about the AIG bonuses. Especially since other people were expressing outrage right away. Visibly annoyed, Obama delivered a bitch-slap right to Henry’s cheek…

“It took us a couple of days because I like to know what I’m talking about before I speak.”

Oh, OUCH!!!!! That’s gotta hurt.

Hail to the New Year, Same as the Old Year

We begin the New Year with diminished expectations for the Obama administration in the face of worsening economic conditions following the Bushies’ End Game looting of the nation’s wealth. Predictions are now beginning to acknowledge that there’s not much hope for recovery until 2011 at least, credit card companies have jumped into the looting frenzy en masse to jump interest rates approaching 50%, juggled due dates and credit cut-offs even for cardholders and small businesses who have spotless records and pay off balances every month. Ranks of the unemployed continue to swell, reaching official levels close to 10% and unofficial levels over 15%. Citizens continue to die for lack of accessible, affordable health care, and states are now cutting their Medicaid and SCHIP coverage due to diminished income.

Nothing particularly happy about this New Year. Meanwhile, over in the Middle East where things have been decidedly unhappy for at least 4,000 years, Israel is at it again. Eight days’ worth of air bombardment of cities, towns and refugee camps have killed more than 400 Palestinians and injured more than 2,000 in retaliation for Hamas rockets fired into southern Israel across the border by that hopelessly terrorist enclave of perpetual victimhood and hate no other Arabic nations care to embrace for resettlement, knowing the players are incurable barbarians just like Israel does. After generations of forced incarceration in camps, this predicament was entirely predictable 60 years ago when the arrangements were made.

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Oh. My. God.

Janis Joplin once sang someone else’s song very poignantly – “Freedom’s just another word for nothin’ left to lose…” – and that’s semi-true in my experience. We all make choices about what’s important in our lives, and usually become enslaved to that which we choose. At the low end of the scale there’s never enough, just paying the bills is a constant struggle. At the high end of the scale there is also never enough. The thirst for more and more and more rules lives and ruins them too.

As Wall Street melts down we’re suddenly informed we must Spend, Spend, Spend!!! They can never make up their minds. Either we’re not saving enough or we’re not spending enough, it’s always our fault. I call bullshit. Slave wages have not even kept up with the cost of living, they can’t have it both ways.

I read about a 50-something day care worker yesterday who a coworker noticed sitting in the corner crying. When asked what’s wrong, she finally said she couldn’t feel her face. The coworker was alarmed, saw one side of her face drooping as they were talking, speech slurring. She drove her friend to the hospital, but the woman just cried harder and wouldn’t get out of the car. Said yes, she must be having a stroke, but if she walked in the door she’d lose everything – house, car, meager income (job)… she was terrified. Her friend finally talked her into going, she is still in the hospital and her coworkers are trying very hard to raise the tens of thousands she’ll need to pay for the care. There is no insurance at that end of the scale.

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What We Learned in the Last Two Weeks

Okay, I have to make a couple of observations about this whole economic meltdown thing. Before they vote to bail out the system – and they will – just not on Paulson’s terms.

First, despite the desperation that brought Paulson to beg for money right now or the sky will fall tomorrow, the sky didn’t fall tomorrow. Or the next day. Or the next week. Sure the markets are “adjusting” with big swings up and down (obviously someone still has money), banks are continuing to fail, and now the credit market is frozen. But the world is still turning, the billionaires are buying up bargains on their own (infusing ready cash here and there), and the dollar still remains stronger than it will be after we print another trillion of them.

Second, it’s beginning to look like it really was an end game scam, one last big robbery before their power runs out. Paulson isn’t going to get the absolute power he tried to grab, nor is he going to get any waivers on oversight or blanket immunity from judicial review. Which means he can’t just pass out billions to his cronies and benefactors. The robbery didn’t go off as planned.

The “assets” we have already bought – Fannie Mae and Freddie Mac – are riddled with evidence of felonious behavior and the FBI is hot on the case. AIG’s books don’t look to be any less felonious, they’re being investigated as well. People will likely go to jail.

Now, don’t get me wrong. There will be a bailout because the economy must keep going. The rich will get way more than they deserve, the rest of us get stiffed as usual. So don’t believe any of them when they claim to care about We the People. They don’t. One of these days wwe might decide to inform them in no uncertain terms that we don’t care about them either. Until then, best of luck to us!