CM

Curious Man

04/06/2009 10:12 PM

OT Stereotypes of "liberals" vs "conservatives"

There seems to be a stereotype that "liberals" are the lazy sorts of
people who interrupt TV viewing only to go to soup lines, or smoke
harmful substances, whereas "conservatives" are hard working, self
reliant people who are very well off due to their own perseverance and
work ethic.

And yet, the few self proclaimed or suspected liberals and Obama
supporters of this newsgroup, seem to be very well off, accomplished
people, whereas many conservatives, while intelligent and interesting
people on many levels, are not exactly above that kind of level of
attainment.

If that is the case, is that perhaps the time to reconsider our
stereotypes?

Curious Man


This topic has 463 replies

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 3:46 PM



> > Han wrote:
> >>
> >> Society needs some kind of insurance, and the current system is
> >> dysfunctional.
> >
> > Dysfunctional? 300 million (out of 340 million) have insurance. Of
> > those, 80% or so are satisfied. Hardly dysfunctional.
> >
> > Folks are screeching about 40 million of our population are uninsured!
> > Of these, 14 million are illegal aliens, about 8 million are between
> > employer-provided insurance, a few million are eligible for Medicaid
> > and will get it as soon as they apply in the emergency room, many are
> > young, healthy, cash-strapped people who choose not to have insurance,
> > plus a few lesser categories.
> >
> > After doing all the arithmetic, we find there are exactly eight people
> > in the whole country without insurance who need it.
> >
> > As a result, there are those who would chance screwing up the system
> > for 339,999,992 people so these eight would not be inconvenienced.
> >
> > Bah!
>
> So I have to pay an 8% surcharge on hy hospitalization costs so that 8
> people in the US can get care? Hey, bud, you should check your
> arithmetic. And if you are between jobs with the full benefits you're
> used to, you suddenly have to pay $1300/mo for a family of 2 to keep your
> insurance?


Hey, it's not the guy's fault. He's ignorant. He's never had a health
problem that threatened everything he owns. He's never had a health
insurance company cancel his policy because he has a problem they don't want
to pay for or he's never had them raise premiums so high he can't pay them,
and he's never had his employer drop his insurance and make him pay for it
himself. Everyone who has had any of those things happen or simply doesn't
have the money to afford insurance understands what is wrong. The good thing
is that it's only a matter of time before him or someone in his family has
one of those things happen. He'll sing a different tune when he or his wife
has cancer and his insurance company says the treatment isn't covered. Just
wait, it'll happen sooner or later. But that is what it'll take for him to
get it.


Hawke

WW

"William Wixon"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 9:48 PM


"Han" <[email protected]> wrote in message
news:[email protected]...

> That is a refreshing point of view, and I would love to 100% support it.
> However, hospitals and doctors need to be profitable, at least to the
> extent they aren't losing money. To find the right balance between
> reasonably profitable and not losing money is the problem, both from the
> doctors' point of view and the patients'.
>
>
> --
> Best regards
> Han

i'm not an expert. i'm wondering why do hospitals need to be profitable?
just had a thought, when the government builds a road i don't think there's
any expectation it's going to turn a profit, it surely profits us all, and
it enables businesses to profit, but (non-toll, and probably a good many
toll) roads, i don't think, earn a profit. infrastructure. can't the
health of citizens, by some stretch of the imagination, be considered
"infrastructure"? or toward some common good?

b.w.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 2:18 PM



> > Take your pick. You can have your freedom or you can be an American but
you
> > can't have both. Because if you're going to be an American you have
given up
> > some of your freedom to be a part of something bigger and more important
> > than just your own selfish interests. Being part of a country and "a
people"
>
> You are dead wrong. My formulation is the one the Framers had in
> mind. Yours is the artifact of malignant 19th Century philosophy
> and evil 20th Century politics

Well, when the framers lived the population was 4 million and 90% of the
population lived within 50 miles of the east coast. Given that, they hadn't
a clue as to what it would take or be like to keep order in a country the
size of this one in the 21st century. Plenty of ideas of the time have
passed. Jefferson thought we should all be gentlemen farmers. I don't think
he had that right. Thinking you are the only person in the world and are
free to do anything you want is completely passe'.



> > means that the society and the "people" are more important than the
> > individuals. Otherwise why would anyone sacrifice anything for something
> > like "country" when you are all that matters? If you choose to be a part
of
>
> You clearly haven't read or understood a shred of U.S. Revolutionary
> history and its intellectual foundations. Guys like Locke and Jefferson
> (and Adams, and Madison, and Paine, and Hancock, and Witherspoon, and ...)
> would hold your view in utter contempt.

They probably would but they don't have the knowledge that I have that has
come from the hundreds of years since their passing. Times have changed and
if you look carefully you will find that most of their ideas are either no
longer working or are so changed that they wouldn't recognize them if they
saw them in action today. And by the way, I hold some of their ideas in
comtempt too. Lucky for me I have the benefit of a couple centuries of
knowledge they didn't. Otherwise they would probably have different views
too. I can't blame them for thinking the way they did then because they were
ignorant of many things. But you don't have that excuse.



> > society and part of a nation you make the choice to give up some of your
> > personal freedom it's the social contract. If you don't like the terms
then
> > get out and find some place else where you live on your own and are not
a
> > part of a larger entity. But if you are a conservative you want to have
> > everything you want for yourself without giving anything up to the
whole. In
> > other words the honor system won't work with people like you.
>
> I am not a conservative. But you are clearly a liberal - your argument
> is intellectually dishonest, unconnected to actual history, and ends
> with "love my view or hit the road".


Well, I do believe in liberal democracy, which seems alien to you even
though you live in one. You seem to be stuck in the wrong century. All I am
saying is that the world is a different place and the rules have changed.
You don't get to do everything you want when you live in a place with
thousands of others in a square mile, which is how most Americans live. Like
it or not you are part of the machine, the society. There are rules to
keeping the thing running and keeping order. You just are a romantic and
have not accepted the realities of today's world. Can't say I blame you for
that but this is the time and place you exist in so I'd say learn to like
it. You'll be a lot happier.

Hawke

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 12:18 AM

"John R. Carroll" wrote:

> Now there is a guy that realy saw the world change.
> Did you know that aprox. 1/3 of all of the WWII draftees were
> rejected as physically unfit?
> Malnutrition and starvation were largely the cause.

My mother, my grandfather's youngest child, saw an even bigger change
in the world.

Born in 1905, she made it to mid 2008.

Lew

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 6:11 AM

On Jun 9, 8:41=A0am, "[email protected]" <[email protected]> wrote:
> On Jun 9, 6:04=A0am, Tim Daneliuk <[email protected]> wrote:
>
> . The only place that government does a> consistently outstanding job is =
running the military and arguably the
> > DOJ.
>
> Even the military have figured out that using contractors to run mess
> halls and repair facilities is more efficient than having the
> government do the work.
>
A lot of that had more to do with handing lucrative contracts to
friends and relatives of Dick Cheney.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:25 PM

On Jun 8, 3:52=A0pm, "HeyBub" <[email protected]> wrote:
> Too_Many_Tools wrote:
> > LOL...another winger who would like to live The Great Bush Depression.
>
> > What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> > what Bush screwed up in EIGHT years?
>
> Bush Depression? That's not true.
>
> During the Bush years we had 22 consecutive quarters of economic growth. =
Low
> unemployment, high productivity, and negligible inflation. All this in sp=
ite
> of Katrina, two wars, and a couple of bursting bubbles.
>
> Then the Democrats took over Congress.
>
> It took them less than 18 months to fuck it all up.
>
> Here's one chart I could find regarding recent GDP growth by quarter:http=
://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>
> Notice the rough average for the Bush years shown is about 2.25%. Since t=
he
> 3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
> and unemployment is 9.8%.
>
> And if you can blame Bush for what happened during the last 100 days of h=
is
> administration, then you've got no complaint when criticism is leveled at
> the first 100 days of Obama's.

The Great Bush Depression.

If Obama isn't sucessful, your children will remember it as that.

TMT

ww

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 4:58 AM

On Jun 5, 12:13=A0am, "Hawke" <[email protected]> wrote:
> > >>> There seems to be a stereotype that "liberals" are the lazy sorts o=
f
> > >>> people who interrupt TV viewing only to go to soup lines, or smoke
> > >>> harmful substances, whereas "conservatives" are hard working, self
> > >>> reliant people who are very well off due to their own perseverance =
and
> > >>> work ethic.
>
> > >>> And yet, the few self proclaimed or suspected liberals and Obama
> > >>> supporters of this newsgroup, seem to be very well off, accomplishe=
d
> > >>> people, whereas many conservatives, while intelligent and interesti=
ng
> > >>> people on many levels, are not exactly above that kind of level of
> > >>> attainment.
>
> > >> Show us your data. =A0IOW, you're talking out your a$$.
>
> > >>> If that is the case, is that perhaps the time to reconsider our
> > >>> stereotypes?
>
> > >> Perhaps you should reconsider yours.
>
> > >i think what he is saying is that your stereotypes should be the
> > >same as his...
>
> > Ah, yes. =A0That is the leftist's way.
>
> At least that is what you think the leftist's way is. What people are
> forgetting is that there are stereotypes, which do have some truth to the=
m,
> and then there is reality. There are concrete things that actually make
> someone a liberal or a conservative. They each have their own ways and
> beliefs. The problem is when one side makes claims about the other side
> which are not true, which is usually the case. In this group, which is
> filled with right wingers and republicans denigration of "liberals" are
> posted constantly. That's because the "wingers" detest anyone who has vie=
ws
> that are different from theirs (a conservative trait). Proof of this is t=
he
> unending stream of criticism and invectives directed at liberals by them.
>
> Take one trait that is common among liberals; tolerance. This same trait =
is
> not shared or highly regarded by conservatives. A trait they like a lot m=
ore
> is authority or hierarchy. Each group has it's own group of attributes an=
d
> they are not shared much by the other group. Both groups have a low opini=
on
> of the other group. But if you want to know the facts about one group or =
the
> other you don't ask the other side because most of what they think is wro=
ng.
> Anyone can find the truth about liberals or conservatives if they want bu=
t
> for most people it's a lot easier to simply call the other group names an=
d
> say nasty things about them. On this group, most of the people doing that
> are conservatives. That's is not an opinion. It's a fact.
>
> Hawke

The real problem with most peoples politics(in my opinion), is that
most people are uninformed politically. They base their assumptions &
political viewpoints on whatever the media monster feeds them! Yet,
most of the news media are owned and controlled by the liberals! GWB
was no conservative by any stretch of the imagination! The issues that
are affecting us is really all that matters! Political correctness is
killing us! These stinking lousy politicians who keep pushing
healthcare and education; what about our industries? Gone. Jobs? Gone.
Marriage as a sacred institution? Gone. I guess my marriage is equal
to a pair of homosexuals...To each his own, but when my grandson asks
me what marriage is, I guess I say, 2 people...??? Insanity.
Besides a million and one issues that most Americans are really
clueless about, liberalism and conservatism is about as relevant as
Democrat versus Republican. How about Republicrats + Demicans? The
titles are meaningless.The oligarchs fiddle while Rome is burning.
Wake up people! Our president wants to lead the world, not the US of
A! He has his own agenda going on, and it won't be to our benefit! At
least we can know Mrs. BO's newest clothes style ideas. God help us.

rr

rangerssuck

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 10:01 AM

On Jun 15, 10:29=A0am, "HeyBub" <[email protected]> wrote:
> rangerssuck wrote:
>
> >> Public policy made on the basis of ancedotal or apophrycal instances
> >> or the "how would you feel if..." mantra is virtually guaranteed to
> >> be bad public policy.
>
> > Guaranteed by whom? The entire concept of insurance is based on "what
> > if."
>
> Guaranteed by the laws of unintended consequences. "How would you feel if
> your grandmother was run over by an 18-wheeler?" would be a ghastly reaso=
n
> to ban interstate trucking.
>
> Insurance is NOT based on single episodes (unless you're talking about a
> Lloyd's policy on the size of Pam Anderson's tits).

But the scenarios that Hawke was talking about are not at all
uncommon. People DO have their policies canceled as soon as they get
sick, they DO pay rates that are untenably high, they DO lose their
policies because their employer refuses to pay it any longer.

These things may not have happened to you, yet, but they have happened
to many, many people.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 4:49 PM

On Jun 5, 4:04=A0pm, Steve Turner <[email protected]> wrote:
> Drew Lawson wrote:
> > In article <[email protected]>
> > =A0 =A0"Hawke" <[email protected]> writes:
> >> Take one trait that is common among liberals; tolerance. This same tra=
it is
> >> not shared or highly regarded by conservatives. A trait they like a lo=
t more
>
> > I must call bullshit on that one.
> > I find tolerance to be about equally practiced by liberals and
> > conservatives, though you may find it preached more frequently by
> > (political) liberals.
>
> > It is a trait I rarely see displayed by pundits of either side.
>
> That's one of the reasons I said Hawke's post was a load of shit. =A0Most
> of the most vehemently intolerant people I know are liberals. =A0Of
> course, that depends on what your definition of "intolerant" is... =A0If
> it's aimed in the right direction, it's somehow "justified".
>
> --
> See Nad. =A0See Nad go. =A0Go Nad!
> To reply, eat the taco.http://www.flickr.com/photos/bbqboyee/

I think there are "intolerant" people of both political persuasions.

In my experience the conservatives are the ones who win the SOB Award.

But the OP noted...and I agree...that many of the postings we see here
are from conservatives ranting and stamping their feet about the
latest "injustice".

Read the responses to this discussion...and note that the
conservatives are the ones bitching.

TMT

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 9:25 AM

Morris Dovey wrote:
> Curious Man wrote:
>> There seems to be a stereotype that "liberals" are the lazy sorts of
>> people who interrupt TV viewing only to go to soup lines, or smoke
>> harmful substances, whereas "conservatives" are hard working, self
>> reliant people who are very well off due to their own perseverance and
>> work ethic.
>>
>> And yet, the few self proclaimed or suspected liberals and Obama
>> supporters of this newsgroup, seem to be very well off, accomplished
>> people, whereas many conservatives, while intelligent and interesting
>> people on many levels, are not exactly above that kind of level of
>> attainment.
>>
>> If that is the case, is that perhaps the time to reconsider our
>> stereotypes?
>
> I've always thought that "conservative" meant "not in favor of changing
> some established norm"; and that "liberal" indicated a willingness to
> try new approaches...
>
> I had a seventh grade teacher who gave my class some interesting
> guidance: "I don't want you to have closed minds, nor do I want you to
> have open minds," he said, "I want you to have /openable/ minds - to
> hold to what you know to be true, and to be prepared to replace the old
> ideas when you gave good reason to /decide/ that something is more true
> or works better."
>
> Does that make one a conservative liberal or a liberal conservative? :)
>
a difference in the meaning of "equality" - equal opportunity vs equal
outcome.

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:39 PM


"Tim Daneliuk" <[email protected]> wrote in message
> Huh? Who called you a ward of the state. I was making a general
> observation. You're going to have to adjust to the idea that you are
> almost entirely alone here in making everything personal.

You have every time you've called me evil and a thief for receiving health
care in the Canadian medical system. Your extremely feeble attempt at
playing ignorant is just that.

> You know, I generally give you a lot of latitude because of your
> having told us all that you have a physical infirmity. Since I don't

I don't need nor want your fake latitude or mock pity. If you said it to me
in person, I'd happily break your face. That's not your way though, you
wouldn't be man enough to face me, physical infirmity or not. Your way is to
sow discord and then sit back and watch what happens. You're a leech on
society and that will never change. It's just not in you.

> most to be crabby. Nonetheless, you behave badly, you attack several
> of us personally with absolutely no knowledge of us a humans. Worst of
> all, you have nothing to contribute to the conversation but your angry

Funny though, how it's only a few individuals like you and Miller that I'm
happy to attack. The should tell even your stunted intellect something.

And just like always, you give nothing, you offer nothing and you whine
incessantly while doing nothing except crying about how much the system
costs you.


dd

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 5:49 PM

On Jun 10, 12:06=A0am, "Ed Huntress" <[email protected]> wrote:
>
> There are just a few problems with their...uh, "analysis." One is that
> anyone working for the WPA or any other government program wasn't counted=
>as "employed" by the C&O railroad.

I am sure you meant something else here. I just do not know what you
meant. Obviously someone employed by the government would not be
counted as employed by a rail road. I do not even understand why that
would be relevant.


Another is that their regression analysis is
> based on the assumption that there was no depression, not even a recessio=
n,
> before FDR was elected. Their projections for employment, wages, and pric=
es
> are all based on the assumption that nothing had happened at all, because
> they did a straight projection from the years 1923 - 1929.

So what kind of projection would you suggest? And what effect does
that have on the conclusion? I would think that regardless of the way
one did a projection, that wages would not be expected to rise in a
depression. And that if they did, it would slow the recovery.

Since this study was done quite a while ago, I would think other
economists have weighed in on this. I did some looking on the
internet and did not easily find an argument that refuted their
analysis. But did find this .......at
http://www.tuccille.com/blog/2009/01/economist-explains-why-new-new-deal.ht=
ml

......As I've pointed out before, Cole and Ohanian aren't alone in
their conclusions. A 1995 survey of economists and historians
published in the Journal of Economic History found "[h]alf of the
economists and a third of historians agreed, in whole or in part, that
the New Deal prolonged the Great Depression."

Dan





>
> Other than that, it was a fine piece of work. (pfhhht...)
>
> --
> Ed Huntress

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 11:10 AM

rjd wrote:
>
> If I liberally apply a protective finish to one of my wood projects to
> conserve it, what does that make me?

A politician?

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 2:49 PM

On Jun 9, 12:18=A0pm, "[email protected]" <[email protected]> wrote:
> On Jun 9, 5:02=A0pm, Too_Many_Tools <[email protected]> wrote:
>
> > They will remember it as the The Great Bush Depression just as Hoover
> > is remembered for the The Great Depression.
>
> > Interesting how you are demonstrating a definite amnesia toward
> > Republican contributions towards this mess.
>
> > TMT
>
> Not true. =A0If Obama fails, he will be remembered for the failure.
> Historians will argue about the causes, but with Obama in charge, he
> will be the one remembered for the success or failure of the
> governments actions.
>
> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 Dan

Wrong....Bush's failure is sealed in history.

Obama can only succeed in history...not fail.

TMT

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:05 AM

Too_Many_Tools wrote:
> On Jun 8, 3:07 pm, Tim Daneliuk <[email protected]> wrote:
>> Too_Many_Tools wrote:
>>> On Jun 8, 9:16 am, Tim Daneliuk <[email protected]> wrote:
>>>> Upscale wrote:
>>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>>>>> ...and made most of it disappear.
>>>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>>>> less than 6 months.
>>>>> And how *exactly* do you now it's flushed away. As usual, you make all sorts
>>>> Because it has been committed by our Dear Leader and thus must be spent.
>>>> Most of it is being spent on things that are not necessary and not
>>>> permitted of the Federal government under the Constitution Of The US.
>>>> Most of it is political pork our Dear Leader is using to pay off his
>>>> political IOUs with Other People's Money.
>>>>> of wild claims before any type of final result is in. If you had any iota of
>>>>> common sense, you'd know that it takes years for final results to be
>>>>> tallied.
>>>> It will take far less than "years". We will see raging inflation
>>>> within less than a decade if the economists are even close to right.
>>>>> Not so for Tim Daneliuk, your mind is made up now. You're just full of all
>>>> That's because my mind is made up by facts and analysis not from smoking
>>>> Hopeium.
>>>>> kinds of criticism about your current government, but the truth is that
>>>> The current government is full of fools and charlatans and is led by
>>>> by a dangerous malignancy. There are precious few patriots and thinkers
>>>> in the current government.
>>>>> people like you are the least able to judge it. You didn't vote for either
>>>>> incumbent, you contributed nothing, gave nothing and whine all day about how
>>>> There was only one incumbent and he was not eligible to run again, so
>>>> you're right - neither I nor anyone else voted for him. I also didn't
>>>> vote for either candidate since cooperating with people that wish to
>>>> terminate at least some (or all) of your freedoms is self destructive.
>>>>> much it's going to cost you. The fact is that all you do is talk. And, that
>>>> How much will it cost me, my children, my grandchildren, and possibly
>>>> my great-grandchildren to pay off The Messiah's grandstanding? How
>>>> much will it cost the nation in prestige and future influence globally?
>>>> How much freedom will be undermined and power instead passed to the
>>>> government?
>>>> I don't know what's going on, huh? So far The Messiah has:
>>>> 1) Stolen wealth from those that legitimately owned it.
>>>> 2) Attacked, killed, or nationalized (same as killing) some of the very
>>>> largest institutions that produce *new* wealth.
>>>> 3) Sold out our key ally in the Middle East and at the same time,
>>>> bowed his head to the evil dictators of the Middle East.
>>>> 4) Openly supported the killing of children just weeks before birth.
>>>> 5) Supported a system of political corruption nation wide that buys
>>>> votes with tax money in the form of pork projects. He's done
>>>> this at a breathtaking scale never before seen.
>>>> 6) Generally spent more money that doesn't actually exist in a shorter time
>>>> than any U.S. president before him.
>>>> 7) Demanded public "sacrifice" while government lives like pigs.
>>>>> talk is based on nothing more than lack of experience, lack of action and
>>>>> lack of any kind of involvement.
>>>> It's based on a desire to not be anyone's slave. I realize that a good
>>>> many people like been well kept pets, but I'm not one of them.
>>>>> You're a "nothing" Tim and that's the worst kind of citizen.
>>>> I guess it's more honorable to be a citizen that wallows in being
>>>> a ward of the state.
>>>> --
>>>> ----------------------------------------------------------------------------
>>>> Tim Daneliuk [email protected]
>>>> PGP Key: http://www.tundraware.com/PGP/
>>> So Tim...what's your plan?
>>> How would you save the United States from the brink of The Great Bush
>>> Depression we are standing at the edge of?
>>> I'm listening.
>>> TMT
>> 1) It was not particularly a "Bush Depression". A good many governments
>> before him conspired to make stupid decisions that led us to this place.
>> So did the dishonest, incompetent legislative fleabags like Frank,
>> Pelosi, Schumer, et al. Let's also not forget the role of the individual
>> Sheeple that decided to live way beyond their means. Let also also
>> not forget that the Bush administration - warts and all - *repeatedly*
>> try to warn the Congress that Fannie/Freddie were on very shaky
>> ground only to be waved off by the polluted social justice groupies
>> in he Congress (like Frank).
>>
>> 2) You don't "fix" economies. You stay out of their way and let them "fix"
>> themselves via market mechanisms.
>>
>> 3) The government should have focused entirely on any question of fraud or
>> outright illegality. Among these would include the cozy relationships
>> between rating agencies and the people constructing the CDOs as well as
>> the outright illegal practice of naked short selling.
>>
>> The best thing to do here would have been more-or-less *nothing*. We would have
>> had a very deep recession, possibly even depression which - like all market
>> cleansings - gets rid of driftwood and leaves healthier companies behind.
>> This pain - and it would have been immense pain - is far preferable to the
>> death by a thousand paper cuts being inflicted by our Dear Leader by means
>> of deficit spending, shadow and overt tax increases, inflationary monetary
>> policy, and picking and choosing marketplace winners.
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> So why didn't Bush do NOTHING?
>
> TMT

Because he too was caught up in the "government is here to help"
mantra, just not to the degree The Messiah is.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 9:01 PM

On Jun 6, 11:26=A0pm, "[email protected]"
<[email protected]> wrote:


>, imagine trying to
> think about questions before answering them, instead of just
> regurgitating the party line.

Now.. WHO in this crowd would belong to this group?.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 2:56 PM

On Jun 9, 12:55=A0pm, Tim Daneliuk <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 9, 12:24 am, Tim Daneliuk <[email protected]> wrote:
> >> Too_Many_Tools wrote:
> >>> On Jun 8, 3:52 pm, "HeyBub" <[email protected]> wrote:
> >>>> Too_Many_Tools wrote:
> >>>>> LOL...another winger who would like to live The Great Bush Depressi=
on.
> >>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 da=
ys
> >>>>> what Bush screwed up in EIGHT years?
> >>>> Bush Depression? That's not true.
> >>>> During the Bush years we had 22 consecutive quarters of economic gro=
wth. Low
> >>>> unemployment, high productivity, and negligible inflation. All this =
in spite
> >>>> of Katrina, two wars, and a couple of bursting bubbles.
> >>>> Then the Democrats took over Congress.
> >>>> It took them less than 18 months to fuck it all up.
> >>>> Here's one chart I could find regarding recent GDP growth by quarter=
:http://www.economicshelp.org/blog/economics/us-economic-growth-statis...
> >>>> Notice the rough average for the Bush years shown is about 2.25%. Si=
nce the
> >>>> 3rd quarter of 2007, the growth of GDP has plummeted and is now abou=
t -4%
> >>>> and unemployment is 9.8%.
> >>>> And if you can blame Bush for what happened during the last 100 days=
of his
> >>>> administration, then you've got no complaint when criticism is level=
ed at
> >>>> the first 100 days of Obama's.
> >>> The Great Bush Depression.
> >>> If Obama isn't sucessful, your children will remember it as that.
> >> If Obama is successful, the republic will at least be deeply damaged
> >> and may not ever recover fully.
>
> >> If he is not successful it will hopefully remind the Sheeple why they
> >> kicked Carter out after one term and why they need to do the same
> >> with Obama.
>
> >> What our children (and grandchildren, and their children ...) will cal=
l
> >> anything is moot. =A0They'll be too busy paying off this generation's
> >> debt fostered in parts by a stupidly run government trying to spend
> >> its way out of debt, a bunch of greedy pigs in the population that
> >> want all the trappings of affluence whether they've earned them
> >> or not, and some unprincipled financial folks who knew they could
> >> take insane risk because the Obama's of this world would bail out
> >> their mistakes. =A0No, I don't think they'll call it The Great Bush
> >> Depression. =A0I think they'll call it "How I Got Shafted By My
> >> Stupid, Greedy, #$%^&* Grandparents".
>
> >> --
> >> ----------------------------------------------------------------------=
------
> >> Tim Daneliuk =A0 =A0 [email protected]
> >> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
>
> > You mean as they will be paying off the deficit that Bush ran up?
>
> You are confused. =A0The deficit existed going back all the way
> to WWII. =A0The exception was the Regan peace dividend that
> Clinton managed not to screw up. =A0You may recall that we
> were attacked in 2001 and this required military response.
> This takes money. =A0It was also the judgment of both the
> Rs and the Ds that Sadaam was a threat and needed remediation -
> this required money. (Never mind the current Democrat amnesia
> about just who voted for what). =A0'Hardly =A0"Bush's" deficit alone.
>
>
>
> > Amazing how you completely ignore the Republican contribution.
>
> Oh there is plenty of R contribution, but it will end up being
> rounding error compared to what The Messiah wants to spend.
>
>
>
> > Are you aware that Cheney recently admitted that there was NO
> > connection between Iraq and 9/11.
>
> There never was, nor was it ever so claimed. =A0He didn't "admit"
> anything. =A0He repeated what was always stated by the administration.
>
>
>
> > So why did we fight a TRILLION dollar war?
>
> To:
>
> 1) Show the Islamic world we could not tolerate their butchers.
> 2) Free the people of Iraq to make their own choices.
> 3) Stop a murderous thug that was funding Palestinian suicide bombers.
> 4) Stop genocide.
> 5) Create a military leverage point to put meaningful pressure
> =A0 =A0on the worst regime on the region: Iran.
>
> All these benefits have subsequently been undermined or outright
> rescinded with the election of the ObamMessiah who is a feeble
> child in the world of geopolitics. =A0Maybe he can repeat Carter's
> record and stand by while a bunch of American diplotmats get
> locked up (and worse) by some Islamic thugs.
>
>
>
> > TMT
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

Many words but little truth.

Bush started with a budget surplus and ended with a trillion dollar
deficit.

And history will show that.

TMT

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 5:31 PM


"Lew Hodgett" <[email protected]> wrote in message
> > bar ~ You know, the necessities in life.
>
> Does 50 miles due north of Toronto qualify?<G>

Apologies, I should have qualified that a little further. My ideal location
would preclude snow of any type, in any season unless it's the local hockey
rink. Something temperate, you know, not too hot, not too cold...

Money being in relatively unlimited supply after winning a 50 million dollar
lottery, I've considered where I'd move to, probably somewhere in the US,
but that's also problematic. I've considered Kansas since it really is
supposed to be flatter than a pancake (since I hate hills so much), but
they've got tornados. Then there's Florida, but they get hurricanes and
flooding. It might be California, but they've got big earthquake potential
and the inevitable, several time a year brush fires, so that's out.

If it's not tornados, it's floods and if it's not floods, it's brush fires.
So, maybe 50 miles north of Toronto does qualify. :)

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 2:06 PM


> >>> So would you rather have the government be involved in health care
> >>> or just leave it in the hands of people like used car salesmen?
> >>> There are private alternatives that are worse than the government.
> >>> How about having Bernie Madoff handling your health care or the
> >>> management of AIG? Think they would be better than the government?
> >>> I don't. The greed of businessmen is what
> >>
> >> False dichtomy and strawman. These are not the only choices.
> >>
> >>> makes them unacceptable for making decisions on people's health
> >>> care. You need people that aren't going to profit from your health
> >>> problems making the decisions. Hopefully, medical professionals
> >>> without a financial interest would decide what you need.
> >>>
> >>> Hawke
> >>>
> >>>
> >>
> >> This is hands-down the low point of this thread. If no one made a
> >> profit in healthcare there would be NO healthcare. Why should gifted
> >> people become doctors, pharma reseachers, nurses, or pharmacists?
> >> Without profit where is the incentive to risk $500M - $1B *per new
> >> drug* on the research side of things. In short, there would be few or
> >> no "medical professionals without a financial interest [to] decide
> >> what you need" without the opportunity for profit.
> >>
> >> I'll take greedy business people over boneheaded collectivist
> >> ideology any day of the week.
> >
> >
> > Of course you would but that is because of your short sightedness and
> > adherence to discredited right wing ideology, not because of the
> > facts. Plenty of organizations and businesses are non profit and they
> > operate just as efficiently and effectively as the for profit ones.
> > But how can that be when only profits make a business work? Or maybe
> > your set in stone beliefs are wrong.
>
> A "non profit" that doesn't run at a profit goes under very quickly.
> Calling your surplus of income over expendtures something other than
> "profit" doesn't make it any less so.
>
> And how many non-profits have brought new products to market?


Who knows? But I do know that bringing new products to the market isn't only
what non-profit businesses do. In fact many of them are not in business to
provide new products at all and have completely different reasons for being.

Hawke

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 2:33 PM

Lew Hodgett wrote:
> "rangerssuck" wrote:
>
> ===================================
> Well I think you've hit the nail on the head. The problem here is that
> those on the right really don't believe that there is such a thing as
> "common good." They believe that the good of individuals is the only
> goal. As long as I am doing well, it doesn't really matter how you are
> doing - that's your problem.
> =======================================
>
> AKA: The Reagen doctrine.
>
> I got mine, you're on your own.
>
> Lew
>
>

No, the doctrine is called 'individual liberty'.

Outside some very narrow areas like the so-called "commons" (air,
water, risk of pandemic disease ...) there is no such thing as the
"common good". The "common good" is a pernicious notion invented by
people seeking power so that you'll follow them. They appeal to the
"but its good for everyone" argument, neglecting the fact that such
schemes inevitably require people to give up some or all of their
liberty. Such schemes benefit some to the detriment of others.
Such schemes place the few in charge of the many. Such schemes
are essentially totalitarian, dishonest, at least dangerous,
and at worst murderous. Such schemes cripple political, religious,
intellectual, and economic freedom.

I struggle sometimes to know what's good for me. I am pretty sure I
don't know what's good for you and I am *certain* that I do not know
what's good for other larger groups of people, the "common good". So
long as people do not steal, use force, or threaten each other, it is
simply no one else's business how they live their lives (as adults).

"The Common Good" in many forms has been the basic argument put forth
by every thug, gang, tin pot dictator, genocidal maniac, and human
rights violater throughout history. The argument took on many forms:

- Do it for the good of the tribe
- Do if for in the name of God
- Do it for the good of your Sovereign
- Do if for the good of your nation/community/race/ethnicity/cause

Every single one of these Common Good arguments always boils down to,
"You the many shall be forced to do what we the few dictate." The last
100 years alone is littered with the results of people forcing the
"Common Good" down their neighbors' throats. Here's just a few
memories from the Common Good Hit Parade

- The Bolshevik Revolution
- 1930s starvation of the Ukrainians by the Russians
- The attack of Nanking by Japan
- 1935 and following in Germany, Japan, and Italy
- Viet Nam, Cambodia, Laos
- The Chinese Maoist era
- The Castro Era
- Muslim-on-Muslim violence in the Middle East
- Congo, Somalia, Mauretania, South Africa, and Darfur
- Hussein's Iraq

*Every one of these* were genocidal nightmares (Hitler, Stalin,
and Tojo alone top something staggering like 100M dead at their
hands. Pol Pot was good for 1.7M. The Tutsi-Huttus another 1+M.
The Muslims of the Middle East, some 3+ M.). *Every one of these*
argued that they were working for the "common good" of their
people/nation/tribe/religion ...

You can keep your common good and the attendant villagers with
torches. I want my freedom ...




--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 12:18 PM

On Jun 5, 2:39=A0pm, Steve Turner <[email protected]> wrote:
> Morris Dovey wrote:
> > Curious Man wrote:
> >> There seems to be a stereotype that "liberals" are the lazy sorts of
> >> people who interrupt TV viewing only to go to soup lines, or smoke
> >> harmful substances, whereas "conservatives" are hard working, self
> >> reliant people who are very well off due to their own perseverance and
> >> work ethic.
>
> >> And yet, the few self proclaimed or suspected liberals and Obama
> >> supporters of this newsgroup, seem to be very well off, accomplished
> >> people, whereas many conservatives, while intelligent and interesting
> >> people on many levels, are not exactly above that kind of level of
> >> attainment.
>
> >> If that is the case, is that perhaps the time to reconsider our
> >> stereotypes?
>
> > I've always thought that "conservative" meant "not in favor of changing
> > some established norm"; and that "liberal" indicated a willingness to
> > try new approaches...
>
> > I had a seventh grade teacher who gave my class some interesting
> > guidance: "I don't want you to have closed minds, nor do I want you to
> > have open minds," he said, "I want you to have /openable/ minds - to
> > hold to what you know to be true, and to be prepared to replace the old
> > ideas when you gave good reason to /decide/ that something is more true
> > or works better."
>
> > Does that make one a conservative liberal or a liberal conservative? :)
>
> Whatever it is, I'm one of 'em. =A0:-)
>
> --
> Any given amount of traffic flow, no matter how
> sparse, will expand to fill all available lanes.
> To reply, eat the taco.http://www.flickr.com/photos/bbqboyee/

Yup. Me too. From a business perspective I'm a conservative. Small
government, low taxes, yadda, yadda. I'm anti abortion, but pro-
choice. I defend the right to own weapons. I think there should be a
central health-care system open to all, but more open to those who can
afford it, as long as it doesn't displace somebody from a list who
needs care. Cancer treatment is one thing, cancer treatment at a
country-club should be an option if you have the money.
I saw what you Americans can do when my sister needed the best of
care, and my hat is off to you for that kind of quality.
I am also aware of the bankruptcies caused by basic old-age care in
your fine country.
So I guess I'm a pinko-commie-librul when it comes to taking care of
those old people who built the countries we get to enjoy.
I was originally taken in by Bush's rhetoric on 'compassionate
conservatives' just to find out he was lying warmongering megalomaniac
who had an inferiority complex to the point that all he wanted to do
was please his daddy...how sick was that?
Bush did more to set back the concept conservatism than anybody I can
think of.

Put me in the middle, but don't call me a moderate-anything, because
that pisses me off. I'm quite vehement about those things I think are
right. I try to advance the technology in work-surface products and
now teach the skills at a local college to those who also think this
can be a real business. Now... here comes the funny part. The college
wanted to pay me. I passed. Not because I was feeling particularly
benevolent, but I would have to spend more money for somebody to fill
out the paperwork for the current government than I stood to make from
the whole project. WHICH makes me a non-liberal.

Ha!!

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 4:52 PM

On Jun 5, 5:40=A0pm, "HeyBub" <[email protected]> wrote:
> Curious Man wrote:
> > There seems to be a stereotype that "liberals" are the lazy sorts of
> > people who interrupt TV viewing only to go to soup lines, or smoke
> > harmful substances, whereas "conservatives" are hard working, self
> > reliant people who are very well off due to their own perseverance and
> > work ethic.
>
> > And yet, the few self proclaimed or suspected liberals and Obama
> > supporters of this newsgroup, seem to be very well off, accomplished
> > people, whereas many conservatives, while intelligent and interesting
> > people on many levels, are not exactly above that kind of level of
> > attainment.
>
> > If that is the case, is that perhaps the time to reconsider our
> > stereotypes?
>
> > Curious Man
>
> Liberals tend to provide for the common welfare through the treasury;
> Conservative tend to promote the general welfare through the economy.
>
> Your observations have some merit. But the people who post here, who
> genuinely want to help others, yet express "liberal" tendencies, are mere=
ly
> proto-conservatives. As they age and accumulate wisdom, they'll change.

LOL...I used to be a conservative but as I get older I find myself
becoming much more liberal.

That liberalism comes from acquiring wisdom.

And if you haven't noticed, the Country just slapped the conservative
movement into the next decade after enjoying its "benefits" under
Bush.

As those voters who voted for Obama age, they will be liberal leaning
for decades.

TMT

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 11:30 PM


"Tim Daneliuk" <[email protected]> wrote in > This is hands-down the low
point of this thread. If no one made a
> profit in healthcare there would be NO healthcare. Why should gifted
> people become doctors, pharma reseachers, nurses, or pharmacists?
> Without profit where is the incentive to risk $500M - $1B *per new
> drug* on the research side of things. In short, there would be few or
> no "medical professionals without a financial interest [to] decide
> what you need" without the opportunity for profit.
>
> I'll take greedy business people over boneheaded collectivist ideology
> any day of the week.
>
>
> --
> ----------------------------------------------------------------------------
> Tim Daneliuk [email protected]
> PGP Key: http://www.tundraware.com/PGP/

Last company I worked for before I retired was a biomedical company. We
spent $35 million on a new product. Due to mismanagement of the project.
Not my part, we injured a couple of women during the trials. Women's health
product. But without the carrot of a $700 million annual market, do you
think any money would have been spent? One women called me a male
chauvinist because we worked on women's incontinence. She just could not
accept it was profit driven. $700 million a year and 95% of incontinence is
females.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 12:50 AM

On Jun 5, 11:25=A0pm, Doug Winterburn <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 5, 5:40 pm, "HeyBub" <[email protected]> wrote:
> >> Curious Man wrote:
> >>> There seems to be a stereotype that "liberals" are the lazy sorts of
> >>> people who interrupt TV viewing only to go to soup lines, or smoke
> >>> harmful substances, whereas "conservatives" are hard working, self
> >>> reliant people who are very well off due to their own perseverance an=
d
> >>> work ethic.
> >>> And yet, the few self proclaimed or suspected liberals and Obama
> >>> supporters of this newsgroup, seem to be very well off, accomplished
> >>> people, whereas many conservatives, while intelligent and interesting
> >>> people on many levels, are not exactly above that kind of level of
> >>> attainment.
> >>> If that is the case, is that perhaps the time to reconsider our
> >>> stereotypes?
> >>> Curious Man
> >> Liberals tend to provide for the common welfare through the treasury;
> >> Conservative tend to promote the general welfare through the economy.
>
> >> Your observations have some merit. But the people who post here, who
> >> genuinely want to help others, yet express "liberal" tendencies, are m=
erely
> >> proto-conservatives. As they age and accumulate wisdom, they'll change=
.
>
> > LOL...I used to be a conservative but as I get older I find myself
> > becoming much more liberal.
>
> > That liberalism comes from acquiring wisdom.
>
> > And if you haven't noticed, the Country just slapped the conservative
> > movement into the next decade after enjoying its "benefits" under
> > Bush.
>
> > As those voters who voted for Obama age, they will be liberal leaning
> > for decades.
>
> > TMT
>
> As my dear old departed mum told me almost 50 years ago - "When you're
> young, you're idealistic and liberal, then you got to work and start
> paying taxes and become a conservative, then you get old and start
> looking for help because you didn't plan ahead and you become liberal
> again".

LOL...tell me...what will the millions of Americans do in the next few
years for retirement when their 401Ks are worth nothing, their houses
are worth much, much less and with millions living off what savings
they might have?

Or the damning fact that 60% of bankruptcies are medical related...and
you incur most of your medical costs after retirement.

And you do realize that this deep, deep recession has a long way to go
yet. Best estimates that the economy MAY bottom out late next year. So
how deep of pockets do you have..especially if government payments are
cut?

The truth in life is that you can do everything right and still arrive
at retirement penniless.

TMT

NS

Ned Simmons

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 5:47 PM

On Sat, 06 Jun 2009 18:27:38 GMT, "Lew Hodgett"
<[email protected]> wrote:

>"Joseph Gwinn" wrote:
>
>> The basic storyline was originally from or at least attributed to
>> George
>> Bernard Shaw, reportedly from a real encounter with a woman sitting
>> next
>> to him at a dinner party:
>
>There is also a version that attributes the story to Disreali and the
>Queen.

I've always associated the story with Oscar Wilde, but that may have
more to do with my impression of him than the actual source.

One about Truman Capote that is probably also to good to be true.

At the height of his fame, a lady spotted him in a restaurant, rushed
over and asked him to autograph her breast. Capote did so. Her
husband, incensed, strode over, took out his penis and suggested
Capote might like to autograph that too.

“Well,” responded Capote, “perhaps I could initial it...”

--
Ned Simmons

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 11:25 AM

Ed Huntress wrote:

<SNIP>

> Before we go off on a tangent, let me see if we understand each other about
> how the pharma business works.

Heaven forbid we go off on a tangent in this thread...

<SNIP Description Of How Private Sector Spends Billions To Bring Us New Drugs>

> Now, here's the interesting part to us US citizens: Our government doesn't
> control the price, even when the government is paying (Medicare, especially
> Part D), but every other government does. So it may cost 5 times as much or
> even more in the US as it does in Canada, France, or Mexico. It's been said

But the "price" in these other countries is distorted two ways: 1) It
is set artificially without regard to actual scarcity and 2) The true
costs are underwritten via a very inefficient government taxation system.

> that every other government is parasitic off of the US drug-development
> system, but the EC did some studies that says we get most of the good pharma
> jobs and those big research centers as a result, and we actually make out. I

Of course they would "find" this. The EU/EC cannot bear to face the bald
fact: They collectivist experiment has utterly failed and placed them
at a relative disadvantage not only to the U.S. but also China and India.
That's the reason there is increasing pressure in the UK to withdraw
from the snarl that is the EU.

> doubt if we really make out in the end, but that's a side issue. Let's say
> it satisfies our free-market doctrine and helps us keep the libertarians on
> the reservation. We sure don't want to let them get into the FDA regulations
> or we'll be dropping like flies. <g>

Unclear. Suppose you had no FDA regulation, but you had liability laws
with real teeth - the kind that put Boards Of Directors in jail for
knowingly selling deadly and flawed pharma. I rather think there would
be real self-interest in keeping out of jail. Moreover, the "We Want More
Regulation" crowd is almost universally of the opinion that business leaders
are eeeeeeeeevil and cannot be trusted. It's a stupid and bigoted premise.

>
> Yet, the pharma companies will claim they make a profit selling the drug in
> Europe or South America at, typically, 1/3 the price they sell it for in the
> US. Like the Social Security Trust Fund, it's all in the accounting. The
> research and other upfront costs are written off against the US sales. The
> rest of the world is charged with the manufacturing cost, distribution, and
> sales costs to that country, and, often, that's it. If it's a rich country

These are little more than Silly Accounting Tricks to placate the European
(and other) collectivist political hacks.

> with a little slack in their pricing there will be some fractional recovery
> of upfront costs from that country, too. But the US is the big sugar daddy.
> Even if the drug is developed in Switzerland, it's the US market where they
> intend to recover the development costs, including the costs of all of those
> drugs that didn't make it out of the research stage or the trials.
>
> If you short-circuit this system by buying drugs "on the Internet" (read,
> "from foreign sources or from black-marketeers in the US with a foreign
> supply"), you're changing the game in mid-stream -- the game being the
> patent life of the drug. And if it's made legal, that will pretty much kill
> off the introduction of new drugs and crush the pharma industry, except for
> the generics producers. That is, unless the government starts financing the
> whole development process, and nobody wants to go there.

I disagree. If you open the doors as suggested, you will undermine the
unnatural market interference the collectivists love. Once, say, the EU
figures out I'm getting my drugs on their nickel they are going to start
howling - which is exactly what healthcare needs: Global, competitive markets.

>
> You may think that's OK. People who are waiting for new drugs to save their
> lives may disagree. In any case, without the free market in the US and
> protection from sales coming from overseas, that's the end of the drug
> business, except for the drugs we already have.

I am skeptical. Because the markets have been distorted as you describe,
there would be a period wherein the "invisible hand" slapped everyone
involved appropriately. But with global competitive markets for pharma
in place down the road (i.e., Undermine the insanity of the collectivists)
there would be *more* pharma in *more* places. Remember when the airlines
had a government protected monopoly? Remember the prices? Remember what
happened when they got deregulated? I do - I worked for a major
US carrier at the time. The pain was awful as the system adjusted.
In the longer pull, though, what happened was more capacity in the system
at a lower cost (to the consumer) with more choice of providers. This
is the exact same thing that could and should happen to pharma and healthcare.

>
> I'm not being judgmental about this, only describing the reality. Are we on
> track about how it all works? Competition is not the issue. Life or death of
> new drug development is the issue.

I don't buy your premises - though I understand them - and hence, I don't
buy your conclusions. The fact is that pretty much all large business
interest do NOT want free markets. They want *their* markets protected
by government. Pharma is no different and they will come up with any
number of convoluted arguments to defend their turf - just like the steel,
auto, airline, and banking industries have historically. They are all
fundamentally dishonest when they do this.
>
>>>>>> Prices are artificially high today
>>>>>> precisely because the providers are guaranteed government payment
>>>>>> for some part of the service or pharma vended.
>>>>> How does that explain the fact that health care prices in Europe run
>>>>> around
>>>>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
>>>>> payment
>>>>> there?
>>>> Now compare the depth, completeness, and speed of care here and there.
>>>> Care can cost more in the U.S. because everyone wants - and mostly
>>>> gets -
>>>> instant, very high quality care on-demand. This is decidedly not the
>>>> case in the socialized systems with which I am most familiar (Canada and
>>>> the UK leap to mind).
>
> That doesn't explain why they get better outcomes overall. And they do. You
> can find the studies on PubMed (PubMed Central, if you want to read the full
> articles for free).

Better is arguable. As in the comment below, would you prefer to be
cared for there under this "better" system or here?

>
>>>> Also, those European "prices" often to not
>>>> fairly reflect the actual tax burden associated with them. Something
>>>> can only be "cheap" or "free" in that world if someone is propping it
>>>> up with Other People's Money.
>
> I'd have to see your sources on that one. All indications are that the
> accounting is accurate.

>
>>> There have been endless studies that show that simply isn't true. Those
>>> are
>>> mostly myths. Of course European costs are paid with taxes. But the
>>> accounting for costs has been done by the best professionals in the
>>> field.
>> That doesn't give me a lot of confidence.
>
> If you know better, you have a future in debunking a lot of very expensive
> article research.

It's not that I specifically "know better" it's that I both lived
in Europe and have many painful examples since of encountering their
bureaucracy. The EU is a morass of paperwork, tin pot turf-protecting
bureaucrats, and internecine bickering. There is *no way*
anything springing from such a political mess could remotely be
economically efficient.

>
>> Government accounting
>> "professionals" managed to miss the Fannie/Freddie meltdown, the
>> incorrectly rated CDO debacle, the naked shorting and all the rest we
>> see today. Government always acts by coercion or the threat of same.
>> It cannot help therefore but to distort price and therefore market
>> dynamics. That's why I can buy a hammer for $25 that costs the Air
>> Force $600.
>
> I'll bet their hammer is a lot better than yours. <g> Those stories are
> always cut short; I tracked down a few of them when I was an editor at
> _American Machinist_. Those weren't researchers, they were fancy
> quartermasters.

The essential problem in most such cases was demanding Milspec
for everything when it wasn't remotely needed. The hammer didn't
cost $600, but the Milspec certification drove it to that price.
A prima facia example of why you want to minimize the places
government gets to make the call. As I said, government is
not motivated by economic efficiency or the moral high ground.
Government operates by consensus, back scratching, and back room
dealing. It is the *least* honorable institution in our society
yet a depressing number of Sheeple think we need more and more of it.

>
>> As to the healthcare on average being inferior in socialized systems,
>> I had extensive discussions on the matter with a number of my Canadian
>> relatives working *in* that healthcare delivery system. They all
>> independently say more-or-less the same thing: If your condition
>> is life threatening, you will receive adequate or better. In all other
>> situations you will receive slow, rationed care where in the Big Bad
>> Government Bureaucracy decides just what- and when you will get.
>> A goodly number of people with non-life threatening problems like
>> gall stones, buy travel insurance and manage to have an "attack"
>> while visiting the U.S. - it's the only way they can get relief
>> from their suffering in a prompt manner. Other examples abound
>> in the U.K. system.
>
> Then how do they get better results?

Better by what measure? Go have a gall bladder attack in Canada and
see how much "better" it is. Be 75 with congestive heart failure in
the UK and see how that works out.
>
<SNIP>

>>> I'm a writer and editor. Before I went freelance again, I spent five
>>> years
>>> in medical editing, winding up as Senior Medical Editor in the managed
>>> care
>>> (HMOs, PPOs, Medicare) division of a medical communications company. That
>>> was a full-body immersion in the economics of health care, and I worked
>>> with
>>> some top experts in medical economics.
>>>
>>> As for competition in the field, of course it would be the best way to
>>> handle it and is always to be preferred, IMO, if the pieces align to
>>> produce
>>> the benefits we all associate with real competition. But, as I said,
>>> competition is pretty much an illusion in health care. We're the only
>>> developed country with no price regulation on drugs -- it's a free-market
>>> free-for-all. And we have the highest drug prices in the world, by far.
>>> It
>>> seems that people will pay anything they can to prolong their lives.
>>> That's
>>> why Europe has lost so much of their pharma infrastructure to the US;
>>> this
>>> is where the real money is. Within 25 miles of my house, our clients
>>> included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too
>>> many
>>> others to list.
>>
>> That's why we should *deregulate* things like where people buy their
>> pharma.
>
> See above.
>
>> You'd see a big equilibrium in price being established when the
>> Canadians,
>> Brits (and other Europeans) realized that by selling pharma to the U.S.
>> consumer, their own taxpayers would effectively be underwriting the
>> costs. Nothing forces people into global transparent markets like real
>> (honest) global competition.
>
> No country today is going to start funding drug development costs that
> they've pawned off onto us for decades. We're the only ones who are
> ideologically blinded enough to do it. Even the Japanese don't do it.

You'd be shocked to discover what rational self interest would do.
If EU citizens started dropping like flies because they couldn't
get antibiotics, they'd discover very quickly why they need a pharma
industry.

>
>> You also note - perhaps without meaning to - a real downside to
>> regulation:
>> It drives out the innovators. Why on earth would a Pfizer or Merck want
>> to live in the morass of EU regulations when they can stay here, innovate,
>> profit, and do well instead.
>
> No reason at all. That's why you pay 3 to 5 times more for drugs here. Katie
> bar the doors, and praise the Lord...this is the promised land for the
> pharma industry. <g>

It is also the promised land for you and me. We get access to the best
and brightest minds giving us the highest quality of life (by many measures
anyway) on the planet.

>
>> This is the central fallacy of the
>> "healthcare shouldn't be profit motivated" scheme of things. It is one
>> thing to either legislate or regulate around poor product quality and/
>> or outright fraud. It is quite another to say "we the villagers with
>> torches
>> will take your pills and tell you how much we'll pay for them, if
>> anything."
>> Distorting markets creates horrible results whether the distortion stems
>> from fraud or government meddling - they are equivalent in their general
>> results.
>
> I would never say it *shouldn't* be profit motivated. I *will* say that
> profit incentives in health care often lead to undesirable results. This is
> one of the situations that Stiglitz described when he wrote about the
> situations in which normal market incentives don't work, or aren't really
> present.

I cannot imagine a downside for a bright young organic chemist being
incented with the billions they might make for, say, curing Type II
diabetes.

>
>>>> <SNIP>
>>>>
>>>>> You can, however, get much better results by aligning incentives
>>>>> properly
>>>>> so
>>>>> that all health care management is driven toward a goal of providing
>>>>> better
>>>>> care for less money. That won't happen as long as the system is mostly
>>>>> private, because the financial incentives for health care insurers, for
>>>>> example, are to deny coverage as much as possible; to pay providers as
>>>>> little as possible; and to exploit the vast statistical and actuarial
>>>>> complications of health care, along with an advertising and promotion
>>>>> program in an effective cost benefit ratio, to give the impression of
>>>>> better
>>>>> service while actually providing as little as they can get away with.
>>>>> Financial incentives for other providers in the system are similarly
>>>>> twisted
>>>>> and perverted, although the case is most obvious on the insurance side.
>>>> IOW, the only way to fix the incentives is by the point of the
>>>> government's
>>>> gun. You want to replace voluntary private sector commercial
>>>> arrangements
>>>> with the coercive power of an institution than can't run the DMV
>>>> properly,
>>>> can't manage to appoint a cabinet full of people that have all paid
>>>> their
>>>> own taxes, can't manage to balance a budget, and mostly works like a
>>>> large scale version of villagers with torches. Wonderful.
>>> I'd disagree with your characterization of government. If you want to see
>>> a
>>> screw-up, you should see the way Sanofi handled the last drug I worked
>>> on,
>>> spending $110 million on pre-approval marketing alone, and then having
>>> the
>>> drug fail FDA approval -- for a good reason that S-A should have known
>>> going
>>> in.
>> Right, but *I* don't have to pay for their screwups - their shareholders
>> do.
>
> An illusion. Their prices across the board are set to cover such losses.
> Shareholders took a brief hit on that one (rimonabant), because it was such
> a huge investment. But you and I will pay in the end.

Even if true, we will do so *voluntarily*. Paying for an expensive
drug is something I do that is in my own self interest (or at least
I perceive it to be). Having government meddle in all this is an
*involuntary* activity jammed down the throats of all citizens
with the threat of force behind it. Which is more ethical?

>
>> Their shareholders also have the ability to easily get rid of the
>> bozos in charge of the screwup. That is *not* the case with government.
>
> The bozos are still there, as is usually the case.
>

Only because they usually are not as big a bozos as everyone outside
the company thinks. Mst big companies are owned by institutions
like labor pension funds and the like. If they didn't think they
were getting their money's worth, they'd toss the board and leadership
teams of these companies out in a heartbeat. The reality is that most
large companies serve their employees, vendors, shareholders, and customers
very well, and that's why the system is relatively free from churn.... well,
it would be except that increasingly, the purification of failure is being
interdicted by government. When Pope Obama decided to "save" the auto
industry (he did no such thing, he paid off the union stooges), what he
really did was make sure that feedback got damped out of the system.
In the long haul, this will *harm* the auto industry as it will fail to
learn from its mistakes.

>> The majority of the government that pushes us all around is NOT elected.
>> It is the various flavors of regulators and other appointed civil servants
>> that really run day-to-day government. Short of a very expensive lawsuit,
>> it is essentially impossible to get the BATF, EPA, IRS, DEA, FDA, BLM, and
>> all
>> the rest of the alphabet soup of government to back off when they are
>> wrong.
>> When the private sector is wrong is fails and either adjusts or
>> permanently
>> disappears (unless they have a kindly idiot President bailing them out
>> of their own sins). When government fails, it just spends more money
>> doing more of the same - there is no meaningful feedback loop for most of
>> government. I'd guess that in an average year, the government screws
>> up a lot more, bigger, and with more money than the vast bulk of
>> private sector.
>
> I'll bet we read the same Civics textbook. I think that one is out of print.
> <g>

Evidently. We have citizens that think that government is formed for
the good of group. We have citizens that think government grants rights.
We have citizens that think business is evil but trust their government.
All of this in the face of contrary historical and factual evidence ...
it's depressing.

>
> I have to say that you've made your point of view clear, Tim, and I agree
> with most of it in principle. But principles often get in the way of
> actually seeing what's going on. The reality often doesn't agree with the
> ideology, and that's clearly the case with health care.

There is nothing particularly ideological about this. I just believe
that private property should be at the disposal of those who own that
property whether "those" means a person or a corporation with many
owners. In my lifetime, I have seen the many and horrible excesses
of government all over the world (including this country). I have
seen *no* damage done by private sector actors that remotely touches
the abuses of government. The Enrons, the Madoffs, the CDO rating
agencies, and their ilk are rounding error in the kinds of economic
and human rights abuses practiced regularly by governments all over
the planet. Anyone who trusts government over the private sector
is naive to the real damage uncontested power has done ...

>
> As I said, competition would be great, if we were talking about plows or
> electricity production or automobile tires. But it doesn't work without
> regulation in many cases. And in the case of healthcare, just getting the
> incentives aligned to benefit the consumer has been beyond anyone's ability
> for a very long time.
>
> I don't know the anwer, but I've worked in the industry and I know it's a
> train wreck.
<SNIP>

>> Given a serious medical condition that required state-of-the art
>> skills, tools, and practitioners, would you prefer to be treated
>> in the U.S. or in one of the collectivist nirvannas you cite?
>
> If you're paying, I'll get treated in the US, at the finest hospital,
> please, and with a private room and nice looking nurses. <g>
>

Uh, what happened to "But it's so much better under the collectivist
healthcare scheme????"

<SNIP>

>> As I said above, you need generalists, specialists, and so on all in
>> the medical ecosystem. Smith's Pin Factory example leaps to mind...
>
> I don't disagree with that. In fact, that's what we have. And we still have
> a broken system.

Wait a second... Just *who* thinks it is "broken":

1) Politicians that wish to insert themselves into the process to
acrue more power.
2) The self anointed saviors of man who think that their drooly view
of the world entitles them to pillage other people's wallets.
3) People who believe that unless things are nearly perfect they
are lousy.


I grew up very poor. We always had some level of basic healthcare long
before the government goobers got into the act. Today, some 80+% of
Americans have basic- or better healthcare. I'd argue the system isn't
broken, its just not perfect.

It reminds of me of an old joke - One guy says to another "How's your
wife?" The other guy replies "Compared to whom?" How "broken" the
system is- or is not ought to be contextualized by the alternatives.
At the moment, most of the alternatives proposed are far worse
than what we have. The only people I've seen that have some actual
insight into a *better* system are the folks at Cato.

<SNIP>


>
> But its future is uncertain. Among companies with 200 or more employees, 98%
> still offer health insurance, although with an increasing percentage of
> employee contribution.

So what? I have to pay for my good, tools, gas, and so on. Why
is there is presumption that healthcare is principally the responsibility
of the employer? I rather think that if more people had to bear some
part of their healthcare costs, they might quit shoving donuts into
their maws, waddle away from their TVs and actually take care of
themselves better.




--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 9:59 PM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> Lew Hodgett wrote:
>> "John R. Carroll" wrote:
>>
>>> It's also worth remembering that people did't last much beyond 65 YO
>>> in the thirties, large numbers even less.
>>
>> Which just points out how remarkable my grandfather was.
>>
>> Born in 1848, he made it to 83.
>
> Once again the myth of "life expectancy" rears its ugly head. It's an
> average--those who made it to adulthood lived about the same amount of
> time
> as people today, but fewer of them made it to adulthood.


The life expecrancy "at birth" in 1930 of all sexes and races combined in
the US was 59.7 years.
It was 77.8 in 2005.
People are living much longer today as a rule. That and changes in age
weighted distribution of he population are the cause of forecast shortfalls
in the SS fund.

http://www.infoplease.com/ipa/A0005148.html


JC

s

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 10:04 AM

Get back to woodworking...

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 10:23 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> William Wixon wrote:
>>> "Han" <[email protected]> wrote in message
>>> news:[email protected]...
>>>
>>>> That is a refreshing point of view, and I would love to 100% support
> it.
>>>> However, hospitals and doctors need to be profitable, at least to the
>>>> extent they aren't losing money. To find the right balance between
>>>> reasonably profitable and not losing money is the problem, both from
> the
>>>> doctors' point of view and the patients'.
>>>>
>>>>
>>>> --
>>>> Best regards
>>>> Han
>>> i'm not an expert. i'm wondering why do hospitals need to be
> profitable?
>>> just had a thought, when the government builds a road i don't think
> there's
>>> any expectation it's going to turn a profit, it surely profits us all,
> and
>>> it enables businesses to profit, but (non-toll, and probably a good many
>>> toll) roads, i don't think, earn a profit. infrastructure. can't the
>>> health of citizens, by some stretch of the imagination, be considered
>>> "infrastructure"? or toward some common good?
>>>
>>> b.w.
>>>
>>>
>> I do not wish our hospitals to be run at the same levels as the DMV or
>> the Highway Department...
>
>
> Would you prefer if they were run like General Motors or AIG, those paragons
> of American business expertise?
>
> Hawke
>
>

Yes - they'd still be better than having the government run them.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

kk

krw

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 6:10 PM

On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
<[email protected]> wrote:

>There seems to be a stereotype that "liberals" are the lazy sorts of
>people who interrupt TV viewing only to go to soup lines, or smoke
>harmful substances, whereas "conservatives" are hard working, self
>reliant people who are very well off due to their own perseverance and
>work ethic.
>
>And yet, the few self proclaimed or suspected liberals and Obama
>supporters of this newsgroup, seem to be very well off, accomplished
>people, whereas many conservatives, while intelligent and interesting
>people on many levels, are not exactly above that kind of level of
>attainment.

Show us your data. IOW, you're talking out your a$$.

>If that is the case, is that perhaps the time to reconsider our
>stereotypes?

Perhaps you should reconsider yours.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 4:47 PM

Ed Huntress wrote:
>
> Tim, we can go around on this endlessly, but let me give one example
> that illustrates how our present health insurance system has
> completely screwed-up incentives. This is a case I was involved in,
> so I can testify as to its accuracy.
>
> A few years ago Beth Israel Hospital in New York set up a
> preventive-care clinic for diabetes. They're among the top experts,
> and they know how to keep diabetes under control. They could save
> endless agony and huge expenses with a good program.
>
> Within nine months, they had to close it down. They could enroll a
> person in the program for a little over $300/yr., but private
> insurers wouldn't pay for it.
>

Today, on the other hand...

Private insureres (United Health and Aetna to name two) WILL pay for
diabetes education and both will subsidize - if not pay completely - for
hospital-run "fitness" centers.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 3:53 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Stuart Wheaton wrote:
> >
> >> Our incompetent President
> >
> > Hmmm.... Today the Dow is 600 points above where it was on the last
> > day of Bush.... And 200 points above where it was right after the
> > election...
>
> And 4,000 points below its high during the Bush years.
>
> >
> > Gee, most of us are enjoying a tax cut, but if you are getting more
> > than 250K /yr and can't shield it, I feel no pity.... Or is this a
> > "Joe the plumber" thing where you have no clue about income vs
> > taxable income?
>
> Right. I saw one investor who managed to save $13,000 in taxes per DAY by
> the simple expedient of moving from New York to Florida.
> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>
> >
> > So, Bush's silly little war and Reagan's deficits are OK for you, but
> > buying better highways is the road to ruin?
>
> Yes. We already pay a highway tax - and right now the highway tax has a
huge
> surplus. Blame the politicians for dipping into the highway kitty to
provide
> psychological counseling for troubled pets.
>
> >
> > What about the massive bill about to come due for Social Security? Are
> > you going to show me where you advocated paying higher taxes during
> > the Bush years so we could start to get ahead of the SS juggernaut?
>
> I can't; it didn't come up. You may recall that the first item on Bush's
> political agenda back in 2001 was reform of SS. Reform failed.
>
> >
> > Not better, but with somewhat less carnage. Recall, it was the market
> > that got us here, and then screamed for mommy when their lousy
> > decisions put the whole economy in peril.
> >
> > How do you feel about "too big to fail?"
>
> Personally? The bigger they are, the harder they fall, but fall they must.


That sounds nice but I'm sure you would be singing a different tune if the
government had done nothing and let the market resolve the bubble by itself.
You wouldn't be complaining about the government being too involved in the
car business because GM and Chrysler would be gone, and all the jobs that
went along with them. You wouldn't be complaining about the government
owning banks because they would be gone too along with all the jobs related
to them, and you would be complaining about having to pay off all the
depositors those banks owed money to. You would be complaining about the 15%
or higher unemployment and the total destruction of the credit and money
markets and the destruction to business and the economy that would also go
too. In short, without the government getting involved the country would be
in another depression right now and you would probably be laid off or would
have lost whatever investments you had. But you would rather have that
happen than have the government get involved in the market. That's easy to
say now, isn't it. It's like holding someone's coat when they have to fight.
You're all for that.

Hawke

g

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 5:55 AM

On Jun 5, 7:28=A0pm, "Ed Pawlowski" <[email protected]> wrote:
> <[email protected]> wrote in message
> > If you believe in "reverse racism", then you believe in racism.
>
> Both exist

I should have been more clear. Neither should. They are both based
on the same principle -- racial collectivism -- treating groups based
upon race or ethnicity. People who believe that affirmative action is
a redress for the racism of the past only justify it in principle.
But pragmatists don't believe in principles, only results -- the ends
justify the means. In practice, they end up creating more racism by
practicing a version of their own. Pragmatist mix good and bad
principles indifferently. The bad ones always end up being more
expedient and take over the show.

Pragmatism vs. ideology:
A guy carries a briefcase into a bar, walks up to the prettiest girl,
opens the briefcase to reveal one million dollars, and asks the girl
if she will sleep with him for the million dollars. She thnks,
"Hmmm...For a million dollars? O.k.!". He then closes the briefcase
and pulls out a one dollar bill and says, "Will you sleep with me for
one dollar?" The girl immediately slaps him in the face and asks,
"What kind of girl do you think I am?" and he says, "We've figured out
what you are, now we're just negotiating the price!"

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:26 PM

On Jun 8, 4:48=A0pm, "Ed Huntress" <[email protected]> wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
>
> news:[email protected]...
>
>
>
> > Too_Many_Tools wrote:
> >> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
> >>> Robatoy wrote:
> >>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
> >>>>> . The thing the Republicans supported - in the
> >>>>> last administration - was less than a trillion ($837 billion if I
> >>>>> recall
> >>>>> correctly).
> >>>> ...and made most of it disappear.
> >>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
> >>> less than 6 months.
>
> >>> --
> >>> ---------------------------------------------------------------------=
-------
> >>> Tim Daneliuk =A0 =A0 [email protected]
> >>> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
>
> >> LOL...another winger who would like to live The Great Bush Depression.
>
> >> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> >> what Bush screwed up in EIGHT years?
>
> >> TMT
>
> > Bush's administration tried to warn the Congress there was a big proble=
m
> > (repeatedly). =A0It is the liberal Democrats that had their fingers in
> > their ears screaming "la la la". =A0Moreover, even if it was all W's
> > fault (it isn't) the absolute worst thing that Obama could have done
> > was to enter upon the profligate spending plan he followed. =A0You don'=
t
> > quit heroin by taking more heroin. =A0You don't fix an economy over
> > leveraged with more debt.
>
> Just curious, Tim, and with no pre-judgment, but what's your background i=
n
> economics?
>
> --
> Ed Huntress

Drinking beer and listening to Rush.

TMT

dd

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 5:55 AM

On Jun 9, 4:25=A0am, Too_Many_Tools <[email protected]> wrote:

>
> The Great Bush Depression.
>
> If Obama isn't sucessful, your children will remember it as that.
>
> TMT

If Obama is not sucessful, my children, grandchildren , and historians
will remember it as" How Obama failed while spending trillions,
created the hyper-inflation and the largest deficit ever."

Dan

dd

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 5:41 AM

On Jun 9, 6:04=A0am, Tim Daneliuk <[email protected]> wrote:


. The only place that government does a
> consistently outstanding job is running the military and arguably the
> DOJ.
>
Even the military have figured out that using contractors to run mess
halls and repair facilities is more efficient than having the
government do the work.

> This statement is absurd and flatly false on its face. Ask the
> Europeans if they agree. The bombs of WWII, not to mention all the
> other treasure and blood expended, were of almost incalculable value.
> Imagine a Nazified Europe today if you think otherwise.
>

You left out Asia taken over by the Japanese. And a Nazified United
States.
Defense of the country is the most important function of the
government.

> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk [email protected] PGP Key:http://www.tundraware.com/PGP/

rr

rangerssuck

in reply to Curious Man on 04/06/2009 10:12 PM

23/06/2009 6:31 AM

On Jun 23, 8:51=A0am, "[email protected]" <[email protected]> wrote:
> On Jun 22, 10:23=A0pm, "Hawke" <[email protected]> wrote:
>
>
>
> > We have three good choices for quality health care, four actually. Bein=
g
> > French or Canadian, being filthy rich, or being a member of congress. G=
od
> > Damn it!, I don't qualify for any of them. Wouldn't you know it. Being =
a
> > member of the unwashed masses sucks.
>
> > Hawke
>
> I think it ought to be a requirement that members of Congress have to
> use only whatever government health plan they come up with.
>
> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0Dan

Hear, Hear!

I have heard it said that the quickest way to solve the healthcare
mess is to either have congress get the same care we get, or we get
the same care congress currently gets.

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:23 PM


"Tim Daneliuk" <[email protected]> wrote in message
> I guess it's more honorable to be a citizen that wallows in being
> a ward of the state.

So, I dare you to explain how I'm a ward of the state? That's your area of
experience with your absolute lack of contribution to anything. Instead of
using my healthcare to stay well enough to keep working and pay taxes
contributing back the best I can, you'd have me be completely indigent to
receive the same healthcare and give absolutely nothing back.

Which way costs the system more money?

That sad fact is that people like you take in life and give nothing. That's
ALL that can be said about you and it's a really sad state of affairs. An
extremely large part of the current economic crisis in the US was caused by
people who take and take and take. The incessant whining you do is only
because you've never been in the position of taking enough to be
independently wealthy. And, it looks good on you.

All you are is a whiner. You don't contribute anything either physically or
metaphorically which is confirmed with your presence here. How long as it
been since you've been here? Two, three years? In all that time you've
managed to inject ONE woodworking comment. You are a waste and you
demonstrate it every day. You accuse me of wallowing? Try looking in the
mirror at least ONCE in your sorry life.

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 2:17 PM

On Jun 9, 5:04=A0pm, "HeyBub" <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 9, 8:41 am, "HeyBub" <[email protected]> wrote:
>
> >> And there are still some adults in positions of responsibility. Ruth
> >> Bader Ginsburg(!) just ordered a stay in the sale of Chrysler to
> >> Fiat to keep 1st priority bond holders from being forced to take 23=A2
> >> on the dollar.
>
> > By the time those efficiency experts at SCOTUS are done with this,
> > they'll be lucky to get 10=A2 on the dollar.
>
> The court is not into "efficiency," they're into the rule of law. The dea=
l
> with Fiat was a clear violation of both bankruptcy and contract statutes.
> The Chrysler bond holders - pension trustees, insurance companies, and th=
e
> like - owed a clear fiduciary duty to their members to protest.
>
> As I understand it, the bonds were bought with the provision that, in the
> event of bankruptcy, the bond holders would be paid first and at a
> significantly higher rate that the 23% that the Obama administration
> insisted upon.

I see. Best they take the 23 %. If Fiat pulls out, (keep in mind
they're after Opel as well) Chrysler with not find it easy to find
another buyer.

rr

rangerssuck

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 4:01 AM

On Jun 14, 6:36=A0pm, "Hawke" <[email protected]> wrote:
> > >>>>> What's irritating is that no matter how many times you show these
> > >>>>> numbers
> > >>>> =A0to
> > >>>>> right wing guys it just doesn't sink in
>
> > >>>>> Hawke
>
> > >>>> Just to irritate you some more, it still has not sunk in. =A0The
> > >>>> problem is while it is easy to come up with those numbers, it is a
> > >>>> lot harder to know why. =A0Correlation does not mean cause and
> > >>>> effect.
>
> > >>>> An easy way to decrease the cost of healthcare in the US, would be
> > >>>> to eliminate all procedures which will only prolong someones life
> > >>>> by six months and also eliminate all procedures that do not have a
> > >>>> proven success record. =A0If we had done this say thirty years ago=
,
> > >>>> we would not have any heart transplants , artificial heart valves,
> > >>>> etc.
>
> > >>>> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 Dan
>
> > >>> Until you have been involved in the decision whether to treat a
> > >>> loved one aggressively to prolong life or let go ("let nature take
> > >>> its course"), you don't know what you are talking about.
>
> > >> It isn't a question of treatment or not. The question is payment.
> > >> There isn't any reason a person shouldn't be able to buy insurance t=
o
> > >> cover anything they need.
> > >> Their needs, and the needs of their families for emotional placation=
,
> > >> are not the needs of society.
>
> > >> JC
>
> > > If you think payment is the question, not treatment, then I have to
> > > ask payment for what? =A0The cost of (let's say) a liver transplant f=
or
> > > a patient who is going to die soon, whether or not the transplant
> > > occurs, is WAY more than the cost of palliative treatment. =A0I have =
to
> > > ask what we are insuring against. =A0A basic low(er) level of treatme=
nt
> > > costs, or the costs of treating everything. =A0IMNSHO, a asic level o=
f
> > > insurance (however defined) should be compulsory (yes, that bad word,
> > > and whether the employee or the employer pays is ultimately only
> > > semantics). =A0On top of that a person should be allowed to insure
> > > against the costs of more complex events/procedures. =A0Freedom of
> > > personal choice, etc., etc.
>
> > > Society needs some kind of insurance, and the current system is
> > > dysfunctional.
>
> > Government in the medical business is a permanent solution to a tempora=
ry
> > problem. =A0When I was a kid, when you got sick you went to the doctor =
and
> he
> > did what he could and it didn't cost much. =A0Now he can do a lot more =
but
> > it's all cutting edge and the costs are horrendous. =A0A hundred years =
from
> > now when the technologies have matured and an NMR scanner is a child's
> > plaything that you get at Toys R Us for 50 bucks it's going to be back =
to
> > where most people can pay for most medical issues out of pocket without=
it
> > hurting particularly.
>
> > But if we get government involved now then government will still be
> involved
> > then.
>
> So would you rather have the government be involved in health care or jus=
t
> leave it in the hands of people like used car salesmen? There are private
> alternatives that are worse than the government. How about having Bernie
> Madoff handling your health care or the management of AIG? Think they wou=
ld
> be better than the government? I don't. The greed of businessmen is what
> makes them unacceptable for making decisions on people's health care. You
> need people that aren't going to profit from your health problems making =
the
> decisions. Hopefully, medical professionals without a financial interest
> would decide what you need.
>
> Hawke

Here's another angle:

I pay over $10,000 per year for health insurance. A significant
portion of that bill is for prescription drugs. So why the fuck is it
that for the two generic prescriptions I fill each month, it's cheaper
to pay the drug store directly than to pay the copays from the
insurance company?

Last week, I noticed a sign at my supermarket saying that their
pharmacy would fill antibiotic prescriptions for FREE, and many others
for $3.95.

My point is that there MUST be a less expensive way to do this.

RT

"R T Smith"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 4:56 PM



| >
| > That's only because you're a right winger. You guys always dislike the
| > truth. Especially when it's said about you. I'm sure we could confirm
that
| > by asking your wives or girlfriends.
| >
| > Hawke
|

Political Correctness is a way to hide and misrepresent the truth.

Is that a Conservative or a Liberal concept?

kk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 10:06 AM

On Jun 8, 11:08=A0am, Tom Watson <[email protected]> wrote:
> On Mon, 08 Jun 2009 10:43:23 -0500, Tim Daneliuk
>
> <[email protected]> wrote:
> >I sometimes find myself in the smallest room of the house with a
> >printout of your "shtick" before me. =A0It often ends up behind me.
>
> I am gratified to hear that you keep my shtick in your leebrary.

Mr. Daneliuk in the leebrary with a shtick?



dd

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 11:39 AM

On Jun 16, 10:18=A0pm, "Hawke" <[email protected]> wrote:



> You don't get to do everything you want when you live in a place with
> thousands of others in a square mile, which is how most Americans live.

Can't say I blame you for
> that but this is the time and place you exist in so I'd say learn to like
> it. You'll be a lot happier.
>
> Hawke

Part of the reason I live in a place where there are not thousands of
others in a square mile. I decided not to learn to like living with
thousands of people in a square mile. So I took advantage of the
right to pursue happiness, and I am a lot happier for it.

Dan

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 8:34 AM

Doug Winterburn wrote:
> Ed Huntress wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Doug Winterburn" <[email protected]> wrote in message
>> <snip>
>>
>>>>> I guess it's old math - the meaning of surplus, deficit and their effect
>>>>> on debt. If you have a deficit (expenses exceed revenue), your debt
>>>>> goes up because you had to borrow the difference. If you have a surplus
>>>>> (income exceeds expenses), your debt goes down because you use the
>>>>> difference to pay some/all of your debt. At least that's the way it
>>>>> works in my house.
>>>> Equating a household's finances with the finances of our federal
>>>> government
>>>> is the source of a great deal of confusion. In our case, most of the
>>>> confusion is the result of having intragovernmental accounts, which don't
>>>> work like a household at all. SS is a pay-as-you-go program, as it always
>>>> has been, but we've larded it with this bit of accounting since the
>>>> mid-'80s, in which we issue special bonds in exchange for surplus SS
>>>> revenue. Meanwhile, we're taking in the revenue, which is counted as
>>>> current
>>>> revenue, and we're making SS payments, which is counted as current
>>>> expenses.
>>>> The fact that we might have to pay a shortfall out of future general
>>>> revenues will look good on paper -- we'll be retiring some of those SS
>>>> bonds
>>>> when we do it -- but it isn't going to change the fact that we have to
>>>> pay
>>>> them out of current revenues. Both ways, the "bonds" create a fictional
>>>> idea
>>>> of what is happening, because, again, there is no way to store those
>>>> surpluses.
>>> Sure there is - invest in non government instruments. But that would
>>> mean the dreaded privatization word would enter the picture.
>> Uh, would you rather have had GM Preferred or would you just go for
>> California state bonds? <ggg!>
>>
>> There are many problems with that. For one thing, you'd have the federal
>> government locked into a positive feedback loop with the state of the stock
>> or bond markets. For another, you'd have the government having to protect
>> its own investments -- tempting preferential treatment.
>>
>> Or you could just invest it in a S&P index fund which would reduce the
>> preferential treatment issue. Let's see, how much money did they lose over
>> the past year?....
>
> It sure did better than what happens now - all the surplus is spent and
> the only way to recoup is to tax folks again for the same purpose.
>

You only get taxed once, Take 2002, you paid taxes, part for SS, part
normal... Out of that, all your regular taxes were needed to pay
federal expenses, SS needed about 50% of your SS taxes to pay my
Grandmother, and they gave the rest to the general revenue. The feds
gave the feds a note saying, "thanks for the extra SS money, If you
ever need it, we'll get some for you." The general revenue needed more
money, since we had given the rich a tax cut, and then started a war.
Rather than tax people for the war, and the tax cut for the rich, the
feds borrowed the SS surplus. That still wasn't enough, and instead of
raising taxes, since if people had to actually pay for the optional war,
they might have rebelled against it, we called our best buddies, the
Chinese, and said, "we'd like to borrow a few hundred Billion, could you
help?" Someday, we will need to pay them, and for the war that we put
on the credit card, and we can use some of that money to pay SS benefits
if needed.


>> Ain't no way. Nohow.
>>
>>>> The two problems with that are, first, that the bonds don't represent any
>>>> additional debt. The future obligations are the result of a statutory
>>>> program. The bonds help clean up the accounting. But there is no more or
>>>> less "debt" owed for future SS obligations than there was before we used
>>>> the
>>>> bond gizmo to account for it. In that sense, there is no parallel to a
>>>> household. We don't replace statutory obligations with I.O.U.s at home.
>>>> If
>>>> we tried it with our taxes, for example, we could find that the
>>>> government
>>>> takes a very dim view of it. <g>
>>>>
>>>> The second problem is that, from an accounting point of view, this has
>>>> the
>>>> unfortunate effect of adding the value of the "bonds" to our total
>>>> debt --
>>>> even though our system works entirely on currect accounts, and there is
>>>> no
>>>> real way to offset the debt represented by those bonds. This is totally
>>>> unlike a household, where you could put the cash in a savings account or
>>>> invest it in something. So the debt goes up, even when nothing really
>>>> changed, either in terms of current revenues and expenses, nor in our
>>>> future
>>>> obligations.
>>>>
>>>> If you keep all the pieces in mind, the use of bonds in a "Trust Fund" is
>>>> a
>>>> useful accounting device and helps keep track of where SS stands. But
>>>> when
>>>> you're looking at the "national debt," and use total debt as the value
>>>> for
>>>> it, it just keeps adding something that isn't really there.
>>>>
>>>> In accounting terms, it will come out in the wash when we retire the
>>>> bonds -- if we ever do. But that may be decades away. Meantime, they
>>>> screw
>>>> up the impression many people have of what is happening. Many think the
>>>> cash
>>>> is going into a pot somewhere. When you ask them what the Treasury is
>>>> supposed to do with that revenue, most of them give you a blank stare.
>>>> <g>
>>> The question shouldn't be what the Treasury shhould do with the excess
>>> revenue - it should be what the SS administration should do with them.
>> I'm surprised that you'd trust them to invest your retirement money.
>
> Actually, I don't. That's why I invested 10% of my gross in public
> instruments so I now have a real retirement fund that is paying out much
> better than SS.
>
>> Actually, they've already invested in what is considered by investors around
>> the world to be the world's most secure investment: US Treasury bonds.
>>
>>>>> In the governments case, it doesn't really matter who they owe money to
>>>>> - China or the SS trust fund or a savings bond holder. When a bond
>>>>> holder redeems a bond, the taxpayer is the source of the money.
>>>> Right. But when you hold the bond, as the federal government does, and
>>>> you're the payer of the bond, as the federal government is...it gets a
>>>> little strange. Internal accounting is a useful thing. Just don't mix it
>>>> up
>>>> with money we owe to someone else.
>>> It may well be converted to money we owe someone else. The Treasury may
>>> have to issue public bonds to raise the cash to pay the SS
>>> administration. Kind of like paying off your Mastercard with your VISA
>>> card.
>> Possibly. Let's hope that SS is reformed enough by then that it won't have
>> to be funded (for long periods, anyway) with debt.
>
> It already is.
>
>> --
>> Ed Huntress
>>
>>

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 4:37 PM

On Jun 5, 6:40=A0pm, "HeyBub" <[email protected]> wrote:
> Curious Man wrote:
> > There seems to be a stereotype that "liberals" are the lazy sorts of
> > people who interrupt TV viewing only to go to soup lines, or smoke
> > harmful substances, whereas "conservatives" are hard working, self
> > reliant people who are very well off due to their own perseverance and
> > work ethic.
>
> > And yet, the few self proclaimed or suspected liberals and Obama
> > supporters of this newsgroup, seem to be very well off, accomplished
> > people, whereas many conservatives, while intelligent and interesting
> > people on many levels, are not exactly above that kind of level of
> > attainment.
>
> > If that is the case, is that perhaps the time to reconsider our
> > stereotypes?
>
> > Curious Man
>
> Liberals tend to provide for the common welfare through the treasury;
> Conservative tend to promote the general welfare through the economy.
>
> Your observations have some merit. But the people who post here, who
> genuinely want to help others, yet express "liberal" tendencies, are mere=
ly
> proto-conservatives. As they age and accumulate wisdom, they'll change.

Into what?

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 9:31 PM

Tim Daneliuk wrote:
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> Too_Many_Tools wrote:
>>>>>> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>>>>>>> Robatoy wrote:
>>>>>>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>>>>>>> . The thing the Republicans supported - in the
>>>>>>>>> last administration - was less than a trillion ($837 billion if I
>>>>>>>>> recall
>>>>>>>>> correctly).
>>>>>>>> ...and made most of it disappear.
>>>>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>>>>> less than 6 months.
>>>>>>>
>>>>>>> --
>>>>>>> ----------------------------------------------------------------------------
>>>>>>> Tim Daneliuk [email protected]
>>>>>>> PGP Key: http://www.tundraware.com/PGP/
>>>>>> LOL...another winger who would like to live The Great Bush Depression.
>>>>>>
>>>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>>>>> what Bush screwed up in EIGHT years?
>>>>>>
>>>>>> TMT
>>>>> Bush's administration tried to warn the Congress there was a big problem
>>>>> (repeatedly). It is the liberal Democrats that had their fingers in
>>>>> their ears screaming "la la la". Moreover, even if it was all W's
>>>>> fault (it isn't) the absolute worst thing that Obama could have done
>>>>> was to enter upon the profligate spending plan he followed. You don't
>>>>> quit heroin by taking more heroin. You don't fix an economy over
>>>>> leveraged with more debt.
>>>> Just curious, Tim, and with no pre-judgment, but what's your background
>>>> in
>>>> economics?
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>> What I know about economics I learned from Adam Smith, F.A. Hayek,
>>> Hazlitt, and
>>> Friedman. I also learned a lot of negative things about economics
>>> watching
>>> politicians (on all sides) tap dance around Reality.
>> Aha. Those are all good ones, although, if you actually read them, you
>> probably recognize that many of their fundamental philosophies have fallen
>> pretty badly in practice. For example, Friedman's theory is that the dollar
>> should now be trading for a very a small fraction of its current price on
>> world markets. He'd be scratching his head over all of the money we've been
>> printing for over six months with no signs of inflation. Smith would have
>
> I'd argue that this is hysteresis in the system and that we will see
> massive inflation down the road. I *really* hope I'm wrong.
>
>> been appalled at the idea of letting financiers self-regulate. Hazlitt had
>> the unfortunate circumstance (for him) of writing about how government
>> deficit spending was the road to perdition, even as the US economy was
>> getting its biggest boost in history, and quickly reached unprecedented
>> levels of production, from history's enormous, and equally unprecedented,
>> deficit-spending spree and make-work project: World War 2. Our national debt
>
> Noted, but it has to be said that this was money directed (for war reasons)
> at projects that had enduring value after the war: roads, machinery,
> manufacturing, and so forth. This is very much unlike the social justice
> spending and pork projects that are the hallmark of this administration.
>
>> soared to more than twice as much as a percentage of GDP as it is now, and
>> the debt was paid off in less than a decade. In economics terms, that was
>
> It's helpful when you win a big war.
>
>> deficit spending and make-work all the way. The fact that the output was
>> economically useless -- exploded shells, sunken ships -- only further proves
>> the point.
>
> But it wasn't useless. It created a reusable infrastructure that carried us
> well into the 1980s in some cases. The actual work product was ultimately
> destroyed, but so too is a new Chevy - it just takes longer. The
> individual artifacts may have been economically useless but a
> wealth creation engine was brought into being.
>
> Note also that Hayek warned what would happen if the West didn't
> back off its collectivist regulated economies after the war -
> and then we all went off and did an experiment. Europe kept trying
> to manage its economies, Easter Europe doing so with considerable
> force. The U.S. threw off the shackles more-or-less as Hayek
> suggested. Canada, NZ, and Australia ended up somewhere between
> these two options. Guess who won the economic war? Hayek was
> both predictive and, as it turned out, entirely correct.
>
>> All of those writers were excellent theorists and contributed a great deal
>> to what we know about economics. But they represent less than half of
>> current understanding. If you haven't read the others, from Keynes to
>> Schumpeter to Galbraith (a minor one, but important to understand money and
>> oligopolies), to Stiglitz, you'll have a one-sided view that's based on
>> comfortable-sounding theories that have, for the most part, been little
>> supported in actual practice. Their logic is great. Their ability to
>> predict, however, sucks in a major way.
>>
>> You could get a job at George Mason University, though, or Loyola, and join
>> the last remaining covens of the Austrian School. <g>
>>
>> BTW, congratulations for reading Smith. I hardly know anyone else who has.
>> I've gone through my 1072-page two-volume set twice, which probably is a
>> sign of an ill-spent youth, but it's worth it just to be able to explain to
>> right-wing cranks what foolish impressions they have about _The Wealth of
>> Nations_. Smith assumed that economic activity had to be regulated, or greed
>> would run the show. It's too bad that Greenspan didn't take him to heart.
>>
>> --
>> Ed Huntress
>>
>>
>
> Honesty compels me to admid that my study of Smith was limited to
> listening to a series of lectures that summarized WON. I keep meaning
> to go back and read the whole thing from cover to cover, but other
> reading intervenes. In the mean time, I've sampled bits of him here
> and there.
>
> I would take some issue with your claim that the Austrians are not
> well supported by practice. Because ... *no* economic school is well
> supported by practice nor do any of them do a great job of macro
> prediction. FDR's New (bad) Deal is cited as a victory for Keynes,
> for instance. But in reality, it was the industrialization for
> war that bailed him out of the Depression. It wasn't some kind
> of profligate Obama-like government spending on random activities
> that did it.

I find it curious that you view spending on an artillery shell to have
merit and residual value, but seem to discount any value of things like
the TVA powerplants, the Rural Electrification Project, The Parks and
forests developed by the CCC and the public buildings that were built by
the WPA. The results of that Government spending had far longer lasting
value than any bomb dropped on Germany.

Did you know that just the firefighting efforts of the CCC saved
billions of tons of coal from mine fires that had been burning for decades?


>
> I also stipulate that some regulation to prevent fraud or force
> is appropriate. But the intention is not to prevent greed, the
> intention is to prevent theft. I am happy to see the greediest
> capitalist pigs get fabulously wealthy so long as they don't
> cheat people or - just as bad - do it with tax money.
>

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:22 AM

Robatoy wrote:
> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>
>> . The thing the Republicans supported - in the
>> last administration - was less than a trillion ($837 billion if I recall
>> correctly).
>
> ...and made most of it disappear.

So much unlike the nearly $4T Our Dear Leader at present a flushed in
less than 6 months.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:47 AM

Hawke wrote:
> "Andrew Barss" <[email protected]> wrote in message
> news:[email protected]...
>> <snip of hysterical rant about the coming end times>
>>
>> A fine example of intolerance -- well done! Who is the
>> loony you quoted?
>
> That's a good question. Obviously he's nobody anyone ever heard of. But I
> have to feel sorry for the Roger though. Here it is in the 21st century and
> he's still reading the fairy tale called the Bible and believes it like it
> really came from a supernatural being when it was obviously written and
> printed by other men. That puts him in the same boat as the Taliban loonies
> and other Muslims who think the same think about the Koran. They all fall
> for the same line of bull. Believe this book and don't believe what science
> or reason says. Heaven is up in the sky. Guys like him still believe that
> even when we all know there is nothing in the heavens but outer space. It
> can't help but make you wonder how anyone with even an average IQ believe
> such nonsense. But damn, they sure do and by the millions. Lucky for us the
> trend is for people to drop those ancient beliefs more and more as time
> passes. In another 20 years people like him will be rare as hen's teeth.
>
> Hawke
>
>

False dichotomy. Science does not speak to teleology, nor can it by
its very methods. It must be mute on question of first cause and/or
the questions of a creating deity. Reason has real limits - see Godel
for the proofs. Real science conducted honestly cannot possibly speak
to questions of purpose or ultimate cause (or the lack thereof). More
specifically, anyone well acquainted with science who is honest in
their practice of the discipline would *never* appeal to science as a
disproof of faith. That itself would require a spectacular leap of
faith far beyond that of the most religious person on the planet.
It is interesting to note that a few very loud atheist scientists
are attempting to do this in our time and they demonstrate themselves
regularly to be intellectually incoherent with an argumentation
style that resembles a 3 year old's temper tantrum far more than
it does rational discourse.

Sneering at people of faith and substituting some hand waving
reference to science and "reason" as the alternative is the sign of
understanding neither faith nor science (nor reason for that matter).
Equating such people with the Taliban is an ad hominem argument that
further signifies the lack of any real argument on your part. I happen
to be personally acquainted with literally hundreds of people deeply
devout in a number of major religious traditions. Not a single one of
them has taken up arms against innocents, oppressed their women,
invaded their neighbors, and murdered wantonly. These people of faith
- many of whom with which I disagree thoroughly - manage to
demonstrate considerably better manners than you - they can conduct a
debate without attacking rationalists for being their intellectual
inferiors.

In short, you don't understand faith, science, or the limits of
reason.
--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 12:14 PM

[email protected] wrote:
> On Jun 8, 11:08 am, Tom Watson <[email protected]> wrote:
>> On Mon, 08 Jun 2009 10:43:23 -0500, Tim Daneliuk
>>
>> <[email protected]> wrote:
>>> I sometimes find myself in the smallest room of the house with a
>>> printout of your "shtick" before me. It often ends up behind me.
>> I am gratified to hear that you keep my shtick in your leebrary.
>
> Mr. Daneliuk in the leebrary with a shtick?
>
>
>
>

Hey! A new game for the wreckers to play: Clueless.

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Tim Daneliuk [email protected]
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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:50 PM

Tom Watson wrote:
> On Mon, 08 Jun 2009 17:05:43 -0700, evodawg <[email protected]>
> wrote:
>
>> Just heard today from one of the State News Organizations that 60% of the US
>> population is receiving government money in one way or another. How long
>> can this go on? We are truly becoming a Socialist Country!
>
>
> I would submit to you, Sir, that one hundred percent of the population
> is receiving government money.
>
> I would further submit to you that this has been the case since the
> founding of the country.
>
> I would direct your attention to the preamble of the Constitution,
> wherein it states:
>
>
> "We the People of the United States, in Order to form a more perfect
> Union, establish Justice, insure domestic Tranquility, provide for the
> common defence, promote the general Welfare, and secure the Blessings
> of Liberty to ourselves and our Posterity, do ordain and establish
> this Constitution for the United States of America."
>
>
> In the performance of those acts related to the above ALL AMERICANS
> receive the value of the acts and therefore enjoy the results of the
> monies needed to fund them.
>
> You may argue over the distribution of assets but you may not argue
> that those assets have not been generally distributed.
>
> You may have a particular predilection to argue over the fine points
> of the phrase, "Promote The General Welfare", as is your right, but to
> imply that you are disenfranchised, or that others are
> overcompensated, misses the point.
>
> I would remind you, Sir, that this republic has stood longer than any
> other. That this form of governance has outlived any other. That
> Washington's prediction of the life of the Great Experiment has gone
> times beyond his imagining.
>
> In short, we should embrace ourselves and wonder that we have stood
> the test of time.
>
> And we should congratulate ourselves, Sir, in that we are even able to
> have a discussion such as this.
>
>
>

I actually more-or-less agree with you on all that, but I'm still
ticked off about the government's failure to maintain the post
roads and issue bills of attainder...


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Tim Daneliuk [email protected]
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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:17 PM

HeyBub wrote:
> Robatoy wrote:
>> On Jun 9, 8:41 am, "HeyBub" <[email protected]> wrote:
>>
>>> And there are still some adults in positions of responsibility. Ruth
>>> Bader Ginsburg(!) just ordered a stay in the sale of Chrysler to
>>> Fiat to keep 1st priority bond holders from being forced to take 23¢
>>> on the dollar.
>> By the time those efficiency experts at SCOTUS are done with this,
>> they'll be lucky to get 10¢ on the dollar.
>
> The court is not into "efficiency," they're into the rule of law. The deal
> with Fiat was a clear violation of both bankruptcy and contract statutes.
> The Chrysler bond holders - pension trustees, insurance companies, and the
> like - owed a clear fiduciary duty to their members to protest.
>
> As I understand it, the bonds were bought with the provision that, in the
> event of bankruptcy, the bond holders would be paid first and at a
> significantly higher rate that the 23% that the Obama administration
> insisted upon.
>
>

The Obama administration hasn't let the rule-of-law get in its way yet...

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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:56 PM

Robatoy wrote:
> On Jun 11, 4:21 pm, Tim Daneliuk <[email protected]> wrote:
>
>
>> Apparently, at least in some
>> quarters, the most complicated information space people are capable
>> of considering is binary.
>>
>
> You mean: (Bush quote)
>
> "You're either for us, or against us?"
>

He was, of course, wrong. The largest part of humanity "doesn't
care one way or the other about us" ... until, of course, they
get into trouble whereupon they come begging for help.
(cf Indonesia for just one such example)

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Tim Daneliuk [email protected]
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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 10:41 AM

Hawke wrote:
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> Ed Huntress wrote:
>>>>> <SNIP>
>>>>>
>>>>>> There is no real competition in the health care insurance industry,
>>>>>> except
>>>>>> for the management of large corporate accounts. Large corporations
> are
>>>>>> not
>>>>>> actually insured by insurance companies; they're self-insured, with
> the
>>>>>> big
>>>>>> insurance companies managing the account for a fee. Corporations have
>>>>>> the
>>>>>> best set of incentives to drive health care effectively and
> efficiently
>>>>>> but
>>>>>> it isn't like buying iron ore or accounting services for them, and
>>>>>> they,
>>>>>> too, are limited in how much they can shape the overall system.
>>>>> Nonsense. Take a look at what is going on in places like Wal-Mart
>>>>> and other large chain clinics that are operating on a no-insurance
>>>>> basis (at least some of them are) and compare their prices to the
>>>>> costs assessed in traditional government-supported care facilities.
>>>>> It's not even close. Take a look at what happens to pharma prices
>>>>> when the regulatory bozos get out of the way and let people
>>>>> order their meds over the internet.
>>>> Nonsense back at you. <g> If you select a few treatments, drugs, and
>>>> tests
>>> :)
>>>
>>>> that you're going to supply to the exclusion of all others, and don't
>>>> have
>>>> to carry the full overhead of a regular medical facility, you can make
>>>> them
>>>> as cheap as you want to. It all depends on what you're going to do.
>>> That's right. Just like all markets, some actors are specialists, some
>>> are generalists, some make money at volume, some make money in boutique
>>> niches. That's what *markets* produce and government never will:
>>> Self directed efficiencies.
>>>
>>>> As for letting the regulatory bozos get out of the way, Wal-Mart's
>>>> clinics
>>>> are fully government regulated, and they are in most, if not all cases,
>>>> co-sponsored by local hospitals. If someone shows up with something
> more
>>>> serious they send them on to the hospital:
>>>>
>>>> http://walmartstores.com/FactsNews/NewsRoom/6419.aspx
>>>> Wal-Mart's initiative is a good one, but it's a part of the existing
>>>> system -- licensing, regulation, and so on. They're regulated the same
> as
>>>> any other pharmacy or treatment facility. They just concentrate on the
>>>> least
>>>> expensive kinds of work. As for high pharma prices, they're the result
> of
>>>> the US having the world's only major drug market with no price
>>>> regulation.
>>>> When you buy patented drugs or generics, you're paying the free-market
>>>> price
>>>> for either one. The high prices are not the result of regulation;
> they're
>>>> the result of LACK of regulation. Just look at what the same drugs cost
>>>> in
>>>> other countries, where prices are regulated to beat hell.
>>> Uh ... that was a nice dance, but not convincing. The "regulation"
>>> to which I was referring was that which prevents U.S. citizens from
>>> freely seeking the lowest cost pharma over, say, the internet, whether
>>> or not it is a U.S. source. The "regulation" to which you refer is
>>> the distortion of price created when the force of government
>>> is used to keep prices artificially low. This has all kinds of
>>> secondary consequences as you well know - it is not a free lunch.
>>> In an open market with all players operating honestly, competition
>>> over the long pull will drive prices down, not up. The only reason
>>> some drugs cost so much today (or at least one of them) is that
>>> the manufacturer is amortizing their R&D costs over the relatively
>>> short period of time that they have exclusive control of the drug
>>> they paid to invent (i.e., Before it goes generic.)
>> Before we go off on a tangent, let me see if we understand each other
> about
>> how the pharma business works.
>>
>> Here's a typical new drug, called a "small molecule" drug to differentiate
>> it from biological drugs, such as human insulin (which really is produced
> by
>> genetically modified e. coli bacteria): The basic research is done in a
>> university research lab -- with a lot of taxpayer money. If they come up
>> with something, they license it to a Big Pharma company. (The university
>> doesn't give the taxpayer money back no matter how much they collect on
> the
>> license fees. This is what keeps university hospitals and research centers
>> afloat these days, since much of the federal money has dried up.)
>>
>> The "drug" that the lab licensed is really just a chemical at that point,
>> not a drug. It probably would kill you in the form they produce it, but
> not
>> always. The Big Pharma company puts the chemical into their own
> development
>> lab, modifies it, and develops it up to the point where it's ready for
> human
>> trials. This is all Big Pharma's money -- a lot of it. If the drug has
> been
>> sufficiently modified that it justifies a patent different from the one
> the
>> university has on the drug, they patent the drug at this point. The patent
>> clock is now ticking, if it hasn't been from the day they got their hands
> on
>> it. I forget how many drugs make it this far but it's on the order of one
> in
>> ten.
>>
>> Then the drug goes into clinical trials. This is where the really big
> money
>> goes, typically tens or even hundreds of millions. Teams of overpaid
>> staffers are doing all sorts of things at this point, not the least of
> which
>> is trying to figure out how hard a time they're going to get from the FDA.
>> The latter has given some hint of what they want to see because they had
> to
>> approve the human trials. Many people -- starting with dozens, and
> sometimes
>> running up to tens of thousands -- are taking the drug before the clinical
>> trials are completed.
>>
>> Then the FDA looks over the results and decides whether, and on what
> terms,
>> they'll approve the drug. The Big Pharma company has already placed its
>> bets, often putting tens of millions into pre-approval marketing before
> they
>> know for sure if the drug will be approved. Most drugs that have gotten
> this
>> far will be approved. But three to ten years of the patent's life have
> been
>> eaten up getting here.
>>
>> Then the drug goes on the market. More tens of millions go into marketing.
>> The price is set on the basis of expected returns over the remaining
> patent
>> life of the drug, and amortizing all of the research, marketing, trials,
> and
>> other expenses incurred up to this point. The drug may sell for a couple
> of
>> dollars per dose, or a couple of hundred.
>>
>> If this is a drug with some rough edges, or if it's one with only a modest
>> benefit (like a fat drug), the FDA will require extensive post-marketing
>> trials and monitoring. This is where some drugs go in the tank. Something
>> that doesn't show up when a few thousand have taken it under very
> controlled
>> conditions may rear its head when hundreds of thousands or millions are
>> taking it in the wild. If too many people die or are crippled by the drug,
>> relative to the FDA's utilitarian calculus of its benefit, the drug is
> taken
>> off the market. Or, more likely, it will get a big black-box warning on
> the
>> package. Fat drugs and hair restorers don't get much slack. Cancer drugs
> for
>> late-stage terminal patients that save 20% of the people who take it,
> while
>> killing 5% of the remainder outright, are going to get a lot more slack.
>>
>> Now, here's the interesting part to us US citizens: Our government doesn't
>> control the price, even when the government is paying (Medicare,
> especially
>> Part D), but every other government does. So it may cost 5 times as much
> or
>> even more in the US as it does in Canada, France, or Mexico. It's been
> said
>> that every other government is parasitic off of the US drug-development
>> system, but the EC did some studies that says we get most of the good
> pharma
>> jobs and those big research centers as a result, and we actually make out.
> I
>> doubt if we really make out in the end, but that's a side issue. Let's say
>> it satisfies our free-market doctrine and helps us keep the libertarians
> on
>> the reservation. We sure don't want to let them get into the FDA
> regulations
>> or we'll be dropping like flies. <g>
>>
>> Yet, the pharma companies will claim they make a profit selling the drug
> in
>> Europe or South America at, typically, 1/3 the price they sell it for in
> the
>> US. Like the Social Security Trust Fund, it's all in the accounting. The
>> research and other upfront costs are written off against the US sales. The
>> rest of the world is charged with the manufacturing cost, distribution,
> and
>> sales costs to that country, and, often, that's it. If it's a rich country
>> with a little slack in their pricing there will be some fractional
> recovery
>> of upfront costs from that country, too. But the US is the big sugar
> daddy.
>> Even if the drug is developed in Switzerland, it's the US market where
> they
>> intend to recover the development costs, including the costs of all of
> those
>> drugs that didn't make it out of the research stage or the trials.
>>
>> If you short-circuit this system by buying drugs "on the Internet" (read,
>> "from foreign sources or from black-marketeers in the US with a foreign
>> supply"), you're changing the game in mid-stream -- the game being the
>> patent life of the drug. And if it's made legal, that will pretty much
> kill
>> off the introduction of new drugs and crush the pharma industry, except
> for
>> the generics producers. That is, unless the government starts financing
> the
>> whole development process, and nobody wants to go there.
>>
>> You may think that's OK. People who are waiting for new drugs to save
> their
>> lives may disagree. In any case, without the free market in the US and
>> protection from sales coming from overseas, that's the end of the drug
>> business, except for the drugs we already have.
>>
>> I'm not being judgmental about this, only describing the reality. Are we
> on
>> track about how it all works? Competition is not the issue. Life or death
> of
>> new drug development is the issue.
>>
>>>>>>> Prices are artificially high today
>>>>>>> precisely because the providers are guaranteed government payment
>>>>>>> for some part of the service or pharma vended.
>>>>>> How does that explain the fact that health care prices in Europe run
>>>>>> around
>>>>>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
>>>>>> payment
>>>>>> there?
>>>>> Now compare the depth, completeness, and speed of care here and there.
>>>>> Care can cost more in the U.S. because everyone wants - and mostly
>>>>> gets -
>>>>> instant, very high quality care on-demand. This is decidedly not the
>>>>> case in the socialized systems with which I am most familiar (Canada
> and
>>>>> the UK leap to mind).
>> That doesn't explain why they get better outcomes overall. And they do.
> You
>> can find the studies on PubMed (PubMed Central, if you want to read the
> full
>> articles for free).
>>
>>>>> Also, those European "prices" often to not
>>>>> fairly reflect the actual tax burden associated with them. Something
>>>>> can only be "cheap" or "free" in that world if someone is propping it
>>>>> up with Other People's Money.
>> I'd have to see your sources on that one. All indications are that the
>> accounting is accurate.
>>
>>>> There have been endless studies that show that simply isn't true. Those
>>>> are
>>>> mostly myths. Of course European costs are paid with taxes. But the
>>>> accounting for costs has been done by the best professionals in the
>>>> field.
>>> That doesn't give me a lot of confidence.
>> If you know better, you have a future in debunking a lot of very expensive
>
>> article research.
>>
>>> Government accounting
>>> "professionals" managed to miss the Fannie/Freddie meltdown, the
>>> incorrectly rated CDO debacle, the naked shorting and all the rest we
>>> see today. Government always acts by coercion or the threat of same.
>>> It cannot help therefore but to distort price and therefore market
>>> dynamics. That's why I can buy a hammer for $25 that costs the Air
>>> Force $600.
>> I'll bet their hammer is a lot better than yours. <g> Those stories are
>> always cut short; I tracked down a few of them when I was an editor at
>> _American Machinist_. Those weren't researchers, they were fancy
>> quartermasters.
>>
>>> As to the healthcare on average being inferior in socialized systems,
>>> I had extensive discussions on the matter with a number of my Canadian
>>> relatives working *in* that healthcare delivery system. They all
>>> independently say more-or-less the same thing: If your condition
>>> is life threatening, you will receive adequate or better. In all other
>>> situations you will receive slow, rationed care where in the Big Bad
>>> Government Bureaucracy decides just what- and when you will get.
>>> A goodly number of people with non-life threatening problems like
>>> gall stones, buy travel insurance and manage to have an "attack"
>>> while visiting the U.S. - it's the only way they can get relief
>>> from their suffering in a prompt manner. Other examples abound
>>> in the U.K. system.
>> Then how do they get better results?
>>
>>>>>> Medicare pays only about 80% of what private insurance pays; Medicaid
>>>>>> pays
>>>>>> even less. The price standards are set by private managed-care
>>>>>> insurers,
>>>>>> not
>>>>>> by the government. If it was government-pay only, prices would be at
>>>>>> least
>>>>>> 20% less just by that fact alone. And corporate benefits managers in
>>>>>> Fortune
>>>>>> 500 companies are the ones who are determining the managed-care
> rates.
>>>>> No they wouldn't - the *apparent* price would fall because - like I
>>>>> said -
>>>>> the collectivists never want to express the real cost of burdensome
>>>>> taxation,
>>>>> government bureaucracy, and picking up the tab for the various kinds
>>>>> of self-inflicted wounds so popular among today's professional
> victims.
>>>>> You're an economist (or very well educated therein). You should know
>>>>> this
>>>>> better than anyone: Price is a measure of scarcity that directs
>>>>> resources.
>>>>> Without a fair and transparent market, price/scarcity cannot be
>>>>> ascertained.
>>>>> When government is in charge, it artificially decides what is- and is
>>>>> not
>>>>> scarce and who should get what. This is inefficient, expensive, and
>>>>> ultimately
>>>>> ineffective, at least by comparison to the alternatives.
>>>> <ho!> Economics is one of my two lifelong academic hobbies, the other
>>>> being
>>>> constitutional law, although I did study it some in college. My son is
> a
>>>> senior economics major and math minor, and he's already disgusted with
> my
>>>> inability to follow the econometric models he works with. I don't do
>>>> third-semester calculus or linear algebra. <g>
>>> (That's the fun stuff, though I personally loved the more esoteric
> corners
>>> of systems of differential equations, and much later, computational
>>> theory.
>>> You haven't lived until you've spent a whole weekend doing a single
>>> proof. SWMBO once picked up one of my texts and said, "There is
> literally
>>> nothing in this book I can read, let alone understand" - it was almost
>>> entirely symbolic.)
>> I'm with your SWMBO.
>>
>>>> I'm a writer and editor. Before I went freelance again, I spent five
>>>> years
>>>> in medical editing, winding up as Senior Medical Editor in the managed
>>>> care
>>>> (HMOs, PPOs, Medicare) division of a medical communications company.
> That
>>>> was a full-body immersion in the economics of health care, and I worked
>>>> with
>>>> some top experts in medical economics.
>>>>
>>>> As for competition in the field, of course it would be the best way to
>>>> handle it and is always to be preferred, IMO, if the pieces align to
>>>> produce
>>>> the benefits we all associate with real competition. But, as I said,
>>>> competition is pretty much an illusion in health care. We're the only
>>>> developed country with no price regulation on drugs -- it's a
> free-market
>>>> free-for-all. And we have the highest drug prices in the world, by far.
>>>> It
>>>> seems that people will pay anything they can to prolong their lives.
>>>> That's
>>>> why Europe has lost so much of their pharma infrastructure to the US;
>>>> this
>>>> is where the real money is. Within 25 miles of my house, our clients
>>>> included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too
>>>> many
>>>> others to list.
>>>
>>> That's why we should *deregulate* things like where people buy their
>>> pharma.
>> See above.
>>
>>> You'd see a big equilibrium in price being established when the
>>> Canadians,
>>> Brits (and other Europeans) realized that by selling pharma to the U.S.
>>> consumer, their own taxpayers would effectively be underwriting the
>>> costs. Nothing forces people into global transparent markets like real
>>> (honest) global competition.
>> No country today is going to start funding drug development costs that
>> they've pawned off onto us for decades. We're the only ones who are
>> ideologically blinded enough to do it. Even the Japanese don't do it.
>>
>>> You also note - perhaps without meaning to - a real downside to
>>> regulation:
>>> It drives out the innovators. Why on earth would a Pfizer or Merck want
>>> to live in the morass of EU regulations when they can stay here,
> innovate,
>>> profit, and do well instead.
>> No reason at all. That's why you pay 3 to 5 times more for drugs here.
> Katie
>> bar the doors, and praise the Lord...this is the promised land for the
>> pharma industry. <g>
>>
>>> This is the central fallacy of the
>>> "healthcare shouldn't be profit motivated" scheme of things. It is one
>>> thing to either legislate or regulate around poor product quality and/
>>> or outright fraud. It is quite another to say "we the villagers with
>>> torches
>>> will take your pills and tell you how much we'll pay for them, if
>>> anything."
>>> Distorting markets creates horrible results whether the distortion stems
>>> from fraud or government meddling - they are equivalent in their general
>>> results.
>> I would never say it *shouldn't* be profit motivated. I *will* say that
>> profit incentives in health care often lead to undesirable results. This
> is
>> one of the situations that Stiglitz described when he wrote about the
>> situations in which normal market incentives don't work, or aren't really
>> present.
>>
>>>>> <SNIP>
>>>>>
>>>>>> You can, however, get much better results by aligning incentives
>>>>>> properly
>>>>>> so
>>>>>> that all health care management is driven toward a goal of providing
>>>>>> better
>>>>>> care for less money. That won't happen as long as the system is
> mostly
>>>>>> private, because the financial incentives for health care insurers,
> for
>>>>>> example, are to deny coverage as much as possible; to pay providers
> as
>>>>>> little as possible; and to exploit the vast statistical and actuarial
>>>>>> complications of health care, along with an advertising and promotion
>>>>>> program in an effective cost benefit ratio, to give the impression of
>>>>>> better
>>>>>> service while actually providing as little as they can get away with.
>>>>>> Financial incentives for other providers in the system are similarly
>>>>>> twisted
>>>>>> and perverted, although the case is most obvious on the insurance
> side.
>>>>> IOW, the only way to fix the incentives is by the point of the
>>>>> government's
>>>>> gun. You want to replace voluntary private sector commercial
>>>>> arrangements
>>>>> with the coercive power of an institution than can't run the DMV
>>>>> properly,
>>>>> can't manage to appoint a cabinet full of people that have all paid
>>>>> their
>>>>> own taxes, can't manage to balance a budget, and mostly works like a
>>>>> large scale version of villagers with torches. Wonderful.
>>>> I'd disagree with your characterization of government. If you want to
> see
>>>> a
>>>> screw-up, you should see the way Sanofi handled the last drug I worked
>>>> on,
>>>> spending $110 million on pre-approval marketing alone, and then having
>>>> the
>>>> drug fail FDA approval -- for a good reason that S-A should have known
>>>> going
>>>> in.
>>> Right, but *I* don't have to pay for their screwups - their shareholders
>>> do.
>> An illusion. Their prices across the board are set to cover such losses.
>> Shareholders took a brief hit on that one (rimonabant), because it was
> such
>> a huge investment. But you and I will pay in the end.
>>
>>> Their shareholders also have the ability to easily get rid of the
>>> bozos in charge of the screwup. That is *not* the case with government.
>> The bozos are still there, as is usually the case.
>>
>>> The majority of the government that pushes us all around is NOT elected.
>>> It is the various flavors of regulators and other appointed civil
> servants
>>> that really run day-to-day government. Short of a very expensive
> lawsuit,
>>> it is essentially impossible to get the BATF, EPA, IRS, DEA, FDA, BLM,
> and
>>> all
>>> the rest of the alphabet soup of government to back off when they are
>>> wrong.
>>> When the private sector is wrong is fails and either adjusts or
>>> permanently
>>> disappears (unless they have a kindly idiot President bailing them out
>>> of their own sins). When government fails, it just spends more money
>>> doing more of the same - there is no meaningful feedback loop for most
> of
>>> government. I'd guess that in an average year, the government screws
>>> up a lot more, bigger, and with more money than the vast bulk of
>>> private sector.
>> I'll bet we read the same Civics textbook. I think that one is out of
> print.
>> <g>
>>
>> I have to say that you've made your point of view clear, Tim, and I agree
>> with most of it in principle. But principles often get in the way of
>> actually seeing what's going on. The reality often doesn't agree with the
>> ideology, and that's clearly the case with health care.
>>
>> As I said, competition would be great, if we were talking about plows or
>> electricity production or automobile tires. But it doesn't work without
>> regulation in many cases. And in the case of healthcare, just getting the
>> incentives aligned to benefit the consumer has been beyond anyone's
> ability
>> for a very long time.
>>
>> I don't know the anwer, but I've worked in the industry and I know it's a
>> train wreck.
>>
>>>
>>>>
>>>>>> That's not to say health care providers are so cynical that they're
>>>>>> driven
>>>>>> only by money, or that they'll always grab the opportunity to
> deceive.
>>>>>> I
>>>>>> worked in that industry long enough to know better. But if financial
>>>>>> incentives are pulling one way and ethical incentives are pulling in
> a
>>>>>> different way, ethical considerations are going to lose some, if not
>>>>>> most,
>>>>>> of the battles. In the end, profit is the most demanding incentive,
> and
>>>>>> the
>>>>>> ways to achieve it are mostly counter-productive to the goal of
> better
>>>>>> and
>>>>>> more cost-efficient care. As the system is structured now, there is
> no
>>>>>> benefit to coming up with a solution that's 95% as good, but at half
>>>>>> the
>>>>>> price. Only killing 5 people out of 100 is not a good advertising
>>>>>> slogan
>>>>>> in
>>>>>> the health care business.
>>>>> Again, you fail to make the comparison with the alternative. The
>>>>> government has *no* respect for ethics - only power. The government
>>>>> innately works for the "group not the individual - I can think of
>>>>> no more terrifying place to apply this than healthcare: "Since, on
>>>>> average,
>>>>> people your age don't get strokes, we're not obligated to do much
> about
>>>>> yours." The government operates by compromise not principle and it
> will
>>>>> always be worse, therefore, than the most debauched profit-motivated
>>>>> private sector actor (except those that act fraudulently).
>>>> The relative success of other countries' systems suggests that is so
> much
>>>> bunk. I worked in the health care industry. I have no faith in its
>>>> structure
>>>> of motivations, incentives, or results, taken as a whole. The system,
> as
>>>> it
>>>> really works, doesn't give a damn about you -- unless you have a lot of
>>>> money, in which case you're all set.
>>> Given a serious medical condition that required state-of-the art
>>> skills, tools, and practitioners, would you prefer to be treated
>>> in the U.S. or in one of the collectivist nirvannas you cite?
>> If you're paying, I'll get treated in the US, at the finest hospital,
>> please, and with a private room and nice looking nurses. <g>
>>
>>
>>>>>> Whether the system is mostly private or mostly government-run matters
>>>>>> much
>>>>>> less than how well the incentives can be aligned with the goals of
>>>>>> producing
>>>>>> the best service at the lowest cost. Unlike most industries, health
>>>>>> care
>>>>>> is
>>>>>> inherently resistant to the benefits of competition, for the reasons
> I
>>>>>> cited
>>>>>> above. It isn't that competition and beneficial incentive structures
>>>>>> are
>>>>>> impossible; it's just that no one has figured out how to accomplish
>>>>>> them.
>>>>> Wal-Mart has. Some of my local drugstore chains have.
>>>> Right. For flu shots and blood pressure testing, and to dispense cheap,
>>>> 50-year-old drugs whose patents have long expired.
>>> I have direct experience with a family member that belies this. I
>>> watched the corner cheapo clinic diagnose a family member with
>>> a life threatening condition that precipitated hospital care
>>> and saved the person's life. No, the cheapo clinic didn't have
>>> the resources to treat the problem, but as a first line of triage -
>>> where so much cost is sunk today - they did just fine, and for only
>>> a few hundred dollars.
>>>
>>> As I said above, you need generalists, specialists, and so on all in
>>> the medical ecosystem. Smith's Pin Factory example leaps to mind...
>> I don't disagree with that. In fact, that's what we have. And we still
> have
>> a broken system.
>>
>>>>> The freestanding
>>>>> "quicky clinic" on the corner has. The real problem here in IL is
> that
>>>>> the liability laws are insane and are driving medical practitioners
> out
>>>>> of
>>>>> the state. When a newly minted Ob/Gyn has to pay upwards of a half
>>>>> million
>>>>> dollars (give or take) per year for liability insurance, it's hard to
>>>>> keep those folks in state.
>>>> That's the free market for you. Nobody is regulating tort lawyers. It's
> a
>>>> free-enterprise system, with a democratic selection of juries. d8-)
>>>>
>>>> Now, if the quicky clinic was so bold as to get into the riskier
> aspects
>>>> of
>>>> medicine, they wouldn't be so cheap. But ask for an arterial stent and
>>>> they'll send you away.
>>>>
>>> The whole tort thing is really troublesome. On the one hand you
>>> want people truly harmed to have redress. On the other, it's become
>>> a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
>>> I would also point out that the problem is largely not the
>>> judges, it is the *juries*. Having served on a criminal jury, I shudder
>>> at the thought of ever being at a jury's mercy in either criminal or
>>> civil court.
>> It's true that many cases anger juries (or anyone) so much that they want
> to
>> hit the doctor or the hospital really hard, to punish rather than to
>> compensate. That's a fundamental issue with torts in the US today.
>>
>> But there are some misconceptions here, too. If you just look at the sum
> of
>> awards in the country for medical malpractice in a year, the amount is
>> trivial. It's the insurance that's outrageous. I started to read an
> analysis
>> of this once but I never finished it. I really don't fully understand
> what's
>> going on.
>>
>> BTW, I forget to post a URL in the last message that succinctly explains
> the
>> role of the Fortune 500 companies in bargaining for better health
> insurance
>> at lower prices. It's one of the few instances in health care in which
>> competition really works. And the standards set by employer policies
>> influence the other private insurance policies, and have some influence on
>> rates. Here's the article:
>>
>>
> http://www.insurancerate.com/177-health-insurance-big-corporations-use.html
>> But its future is uncertain. Among companies with 200 or more employees,
> 98%
>> still offer health insurance, although with an increasing percentage of
>> employee contribution.
>>
>> If you really want to dig into it, here's a lengthy 2006 report from the
>> Kaiser Family Foundation. We used this report when I was editing medical
>> material. Note Exhibit E on page 4:
>>
>> http://www.kff.org/insurance/7527/upload/7527.pdf
>>
>> --
>> Ed Huntress
>
>
> I don't think you're getting anywhere, Ed. This guy doesn't seem to have any
> notion of what just happened when we had a government that did just the sort
> of things he's advocating. Deregulation, small government, free market
> solutions to every problem, privatization. The last administration did
> everything it could to do just what he's recommending and the result is that
> this country is a disaster scene. It makes me wonder how could he be
> recommending this shit when it was just tried and it failed so completely.
> It just goes to show you that no matter how good one is at math that doesn't
> mean you know shit about anything else. Which he just proved. Keep sending
> your troops over open ground to face machine gun fire Tim. Just because it
> failed over and over doesn't mean you shouldn't keep doing it. That's right
> wing thinking at its best.
>
> Hawke
>
>

<It is not necessary to become angry to the point of spitting when
disagreeing with people. Disagreeing agreeably is called "being an adult".>

1) I'm an not now, nor have I ever been right wing.
2) The problems you describe were not caused by markets or a lack of regulation.
They were caused by a *lack* of markets (like bailing out badly run
companies", too *much* government interference in the business
cycle, and grotesque amounts of government deficit spending for
over 60 years.
3) Markets and small government are not discredited ideas. They are
misunderstood ideas.
4) Personal attacks demonstrate you have no real argument.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

MA

"Michael A. Terrell"

in reply to Curious Man on 04/06/2009 10:12 PM

27/06/2009 11:22 PM


Upscale wrote:
>
> "Lew Hodgett" <[email protected]> wrote in message
> > > bar ~ You know, the necessities in life.
> >
> > Does 50 miles due north of Toronto qualify?<G>
>
> Apologies, I should have qualified that a little further. My ideal location
> would preclude snow of any type, in any season unless it's the local hockey
> rink. Something temperate, you know, not too hot, not too cold...
>
> Money being in relatively unlimited supply after winning a 50 million dollar
> lottery, I've considered where I'd move to, probably somewhere in the US,
> but that's also problematic. I've considered Kansas since it really is
> supposed to be flatter than a pancake (since I hate hills so much), but
> they've got tornados. Then there's Florida, but they get hurricanes and
> flooding.


Florida gets some rare snowfalls, too. As far south as Orlando. It
was cold enough for a couple weeks for it to snow this last winter in
Ocala, but it was too dry.


--
You can't have a sense of humor, if you have no sense!

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 7:00 PM


"Curious Man" <[email protected]> wrote in message
news:[email protected]...
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

If you want some interesting thoughts, you might want to ask conservatives
what they think a conservative is, and liberals what a liberal is. That
should be much more interesting than asking either group to consider what
the opposing ideology is.

To the degree that they're in opposition, their answers probably will have
nothing to do with the historical meanings of either idea, but it would be a
refreshing change from listening to them demonize each other. They might
even be surprised to learn that neither idea has much to do with the other,
or to opposing each other, but that's a lot to ask.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 8:04 PM


"cavelamb" <[email protected]> wrote in message
news:[email protected]...
> krw wrote:
>> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
>> <[email protected]> wrote:
>>
>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>> harmful substances, whereas "conservatives" are hard working, self
>>> reliant people who are very well off due to their own perseverance and
>>> work ethic.
>>>
>>> And yet, the few self proclaimed or suspected liberals and Obama
>>> supporters of this newsgroup, seem to be very well off, accomplished
>>> people, whereas many conservatives, while intelligent and interesting
>>> people on many levels, are not exactly above that kind of level of
>>> attainment.
>>
>> Show us your data. IOW, you're talking out your a$$.
>>
>>> If that is the case, is that perhaps the time to reconsider our
>>> stereotypes?
>>
>> Perhaps you should reconsider yours.
>
> i think what he is saying is that your stereotypes should be the
> same as his...

More likely what he would have said, had he not been so polite, is that the
people who identify themselves at either end of the spectrum are out of
their minds. And, of course, he would be correct. d8-)

--
Ed Huntress

MD

Morris Dovey

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 11:00 AM

Curious Man wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?

I've always thought that "conservative" meant "not in favor of changing
some established norm"; and that "liberal" indicated a willingness to
try new approaches...

I had a seventh grade teacher who gave my class some interesting
guidance: "I don't want you to have closed minds, nor do I want you to
have open minds," he said, "I want you to have /openable/ minds - to
hold to what you know to be true, and to be prepared to replace the old
ideas when you gave good reason to /decide/ that something is more true
or works better."

Does that make one a conservative liberal or a liberal conservative? :)

--
Morris Dovey
DeSoto Solar
DeSoto, Iowa USA
http://www.iedu.com/DeSoto/

TW

Tom Watson

in reply to Morris Dovey on 05/06/2009 11:00 AM

06/06/2009 5:35 PM

my favorite disraeli:





http://www.amazon.com/Disraeli-Gears-Cream/dp/B0000067L2







On Sat, 6 Jun 2009 14:07:11 -0700 (PDT), Robatoy
<[email protected]> wrote:

>On Jun 6, 2:27 pm, "Lew Hodgett" <[email protected]> wrote:
>> "Joseph Gwinn" wrote:
>> > The basic storyline was originally from or at least attributed to
>> > George
>> > Bernard Shaw, reportedly from a real encounter with a woman sitting
>> > next
>> > to him at a dinner party:
>>
>> There is also a version that attributes the story to Disreali and the
>> Queen.
>>
>> Lew
>
>My favourite Disraeli:
>
>Mr Disraeli, you will probably die by the hangman's noose or of a vile
>disease.
>- Gladstone
>Sir, that depends upon whether I embrace your principles or your
>mistress.
>- Disraeli.
Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 12:40 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Morris Dovey wrote:
>> Curious Man wrote:
>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>> harmful substances, whereas "conservatives" are hard working, self
>>> reliant people who are very well off due to their own perseverance and
>>> work ethic.
>>>
>>> And yet, the few self proclaimed or suspected liberals and Obama
>>> supporters of this newsgroup, seem to be very well off, accomplished
>>> people, whereas many conservatives, while intelligent and interesting
>>> people on many levels, are not exactly above that kind of level of
>>> attainment.
>>>
>>> If that is the case, is that perhaps the time to reconsider our
>>> stereotypes?
>>
>> I've always thought that "conservative" meant "not in favor of changing
>> some established norm"; and that "liberal" indicated a willingness to
>> try new approaches...
>>
>> I had a seventh grade teacher who gave my class some interesting
>> guidance: "I don't want you to have closed minds, nor do I want you to
>> have open minds," he said, "I want you to have /openable/ minds - to
>> hold to what you know to be true, and to be prepared to replace the old
>> ideas when you gave good reason to /decide/ that something is more true
>> or works better."
>>
>> Does that make one a conservative liberal or a liberal conservative? :)
>>
> a difference in the meaning of "equality" - equal opportunity vs equal
> outcome.

As should be clear from the last half-century of debates about human rights,
that's a false dichotomy. It's another 18th-century Enlightenment conceit
that sounds good in theory, and that helps maintain the logic of (classical)
liberal thought, but it falls apart in practice.

I liked the analogy made by someone back when affirmative action was first
being discussed, around 1970 or so. He said that breaking down legal
barriers to employment opportunity was like telling someone who had been
chained up for 20 years that, now that his chains were removed, he is
expected to compete in a 100-yard dash on an equal basis. "Now, go run, and
no more complaints from you," it says.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 12:59 PM


"Drew Lawson" <[email protected]> wrote in message
news:[email protected]...
> In article <[email protected]>
> Morris Dovey <[email protected]> writes:
>>
>>Does that make one a conservative liberal or a liberal conservative? :)
>>
>
> I've long prefered the phrase from a comic strip (maybe B.C.) that
> was reprinted in one of my textbooks:
> a radical middle-of-the-roader

"Radical centrist" and the "radical middle" are developing political ideas
that show up in all sorts of contexts. It's part of the "Third Way" group of
political philosophies but it largely rejects the idea of the center as a
compromise position. It works more as a synthesis than a compromise, to the
degree that it does work.

Some people would consider Clinton to be a Third Way politician who
triangulates conflicts to arrive at a balance that mollifies conflict. By
that light Obama is more of a radical centrist, a pragmatist who is focused
more on what should work rather than what will satisfy conflicts, which is
why he pisses off the left almost as often as he pisses off the right. He's
trying to glue it all together by means of rhetorical skill and sharp
political maneuvering.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 5:48 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Too_Many_Tools wrote:
>> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>>> Robatoy wrote:
>>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>>> . The thing the Republicans supported - in the
>>>>> last administration - was less than a trillion ($837 billion if I
>>>>> recall
>>>>> correctly).
>>>> ...and made most of it disappear.
>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>> less than 6 months.
>>>
>>> --
>>> ----------------------------------------------------------------------------
>>> Tim Daneliuk [email protected]
>>> PGP Key: http://www.tundraware.com/PGP/
>>
>> LOL...another winger who would like to live The Great Bush Depression.
>>
>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>> what Bush screwed up in EIGHT years?
>>
>> TMT
>
> Bush's administration tried to warn the Congress there was a big problem
> (repeatedly). It is the liberal Democrats that had their fingers in
> their ears screaming "la la la". Moreover, even if it was all W's
> fault (it isn't) the absolute worst thing that Obama could have done
> was to enter upon the profligate spending plan he followed. You don't
> quit heroin by taking more heroin. You don't fix an economy over
> leveraged with more debt.

Just curious, Tim, and with no pre-judgment, but what's your background in
economics?

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:35 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Too_Many_Tools wrote:
>>>> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>>>>> Robatoy wrote:
>>>>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>>>>> . The thing the Republicans supported - in the
>>>>>>> last administration - was less than a trillion ($837 billion if I
>>>>>>> recall
>>>>>>> correctly).
>>>>>> ...and made most of it disappear.
>>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>>> less than 6 months.
>>>>>
>>>>> --
>>>>> ----------------------------------------------------------------------------
>>>>> Tim Daneliuk [email protected]
>>>>> PGP Key: http://www.tundraware.com/PGP/
>>>> LOL...another winger who would like to live The Great Bush Depression.
>>>>
>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>>> what Bush screwed up in EIGHT years?
>>>>
>>>> TMT
>>> Bush's administration tried to warn the Congress there was a big problem
>>> (repeatedly). It is the liberal Democrats that had their fingers in
>>> their ears screaming "la la la". Moreover, even if it was all W's
>>> fault (it isn't) the absolute worst thing that Obama could have done
>>> was to enter upon the profligate spending plan he followed. You don't
>>> quit heroin by taking more heroin. You don't fix an economy over
>>> leveraged with more debt.
>>
>> Just curious, Tim, and with no pre-judgment, but what's your background
>> in
>> economics?
>>
>> --
>> Ed Huntress
>>
>>
>
> What I know about economics I learned from Adam Smith, F.A. Hayek,
> Hazlitt, and
> Friedman. I also learned a lot of negative things about economics
> watching
> politicians (on all sides) tap dance around Reality.

Aha. Those are all good ones, although, if you actually read them, you
probably recognize that many of their fundamental philosophies have fallen
pretty badly in practice. For example, Friedman's theory is that the dollar
should now be trading for a very a small fraction of its current price on
world markets. He'd be scratching his head over all of the money we've been
printing for over six months with no signs of inflation. Smith would have
been appalled at the idea of letting financiers self-regulate. Hazlitt had
the unfortunate circumstance (for him) of writing about how government
deficit spending was the road to perdition, even as the US economy was
getting its biggest boost in history, and quickly reached unprecedented
levels of production, from history's enormous, and equally unprecedented,
deficit-spending spree and make-work project: World War 2. Our national debt
soared to more than twice as much as a percentage of GDP as it is now, and
the debt was paid off in less than a decade. In economics terms, that was
deficit spending and make-work all the way. The fact that the output was
economically useless -- exploded shells, sunken ships -- only further proves
the point.

All of those writers were excellent theorists and contributed a great deal
to what we know about economics. But they represent less than half of
current understanding. If you haven't read the others, from Keynes to
Schumpeter to Galbraith (a minor one, but important to understand money and
oligopolies), to Stiglitz, you'll have a one-sided view that's based on
comfortable-sounding theories that have, for the most part, been little
supported in actual practice. Their logic is great. Their ability to
predict, however, sucks in a major way.

You could get a job at George Mason University, though, or Loyola, and join
the last remaining covens of the Austrian School. <g>

BTW, congratulations for reading Smith. I hardly know anyone else who has.
I've gone through my 1072-page two-volume set twice, which probably is a
sign of an ill-spent youth, but it's worth it just to be able to explain to
right-wing cranks what foolish impressions they have about _The Wealth of
Nations_. Smith assumed that economic activity had to be regulated, or greed
would run the show. It's too bad that Greenspan didn't take him to heart.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:38 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...

<snip>

>>>>
>>> What I know about economics I learned from Adam Smith, F.A. Hayek,
>>> Hazlitt, and
>>> Friedman. I also learned a lot of negative things about economics
>>> watching
>>> politicians (on all sides) tap dance around Reality.
>>
>> Aha. Those are all good ones, although, if you actually read them, you
>> probably recognize that many of their fundamental philosophies have
>> fallen
>> pretty badly in practice. For example, Friedman's theory is that the
>> dollar
>> should now be trading for a very a small fraction of its current price on
>> world markets. He'd be scratching his head over all of the money we've
>> been
>> printing for over six months with no signs of inflation. Smith would have
>
> I'd argue that this is hysteresis in the system and that we will see
> massive inflation down the road. I *really* hope I'm wrong.

We'll have inflation when the economy picks up and there's a lag in cutting
back on the overhang of dollars in circulation. The trick is to get the
timing as close to right as possible, or inflation will spiral upward -- the
"hysteresis" you're referring to. It's not built-in. It depends on policy.

Meantime, we're in a liquidity trap, exacerbated by banks hanging onto their
new free money, tucking it away back in their Fed accounts or sitting on it
to build up their reserves. Velocity is a fraction of its normal level.
Thus, no inflation now. There's plenty of money but it's all tied up and not
circulating. We actually have had a touch of deflation, even with all of the
money-printing going on.

But without the stimulus money now, there will be no inflation later,
either. Because companies don't invest when they don't have prospects of
growing sales. We'll be in a Hooverian stall, like Japan has been in for
over a decade. That's the reality of what a Hayek, a Hazlitt, or a
Friedman's prescription has to offer us. They wouldn't have believed that a
liquidity trap is possible with all of the money being printed. Their jaws
would be hanging down around their knees about now. Something has to
kick-start consumption. Business can't budge because of the shortage of
credit, and wouldn't budge if it had the credit, because consumption is
declining as they keep firing more workers. Without a kick-start, we'll
spend a decade or more sitting here with our thumbs up our butts and
insufficient growth, like the Japanese have been experiencing.

John Carroll wants to let them go bankrupt to free up the capital. But I'd
need to see some numbers before I'd believe that there is a lot of capital
to free up. Non-bank financial institutions are trying to de-leverage now
but their leverage ratios were so high, at 35:1 or better, that it looks on
the surface as if there would be damned little capital to free up, after all
of the defaults. And the GMs etc. are tangled in financial dependencies that
I haven't tried to follow, so I'm not sure what we'd really free up by
letting them just liquidate, either.

>
>> been appalled at the idea of letting financiers self-regulate. Hazlitt
>> had
>> the unfortunate circumstance (for him) of writing about how government
>> deficit spending was the road to perdition, even as the US economy was
>> getting its biggest boost in history, and quickly reached unprecedented
>> levels of production, from history's enormous, and equally unprecedented,
>> deficit-spending spree and make-work project: World War 2. Our national
>> debt
>
> Noted, but it has to be said that this was money directed (for war
> reasons)
> at projects that had enduring value after the war: roads, machinery,
> manufacturing, and so forth. This is very much unlike the social justice
> spending and pork projects that are the hallmark of this administration.

I don't believe that's the case. Regardless, we're talking about the
benefits of huge government expenditures to get the economy moving. You're
saying there are good expenditures, and bad ones. Your economics gurus say
that they're all bad. Obviously, based on the WWII example, that's utter
nonsense, the most obtuse variety of intentional blindness, of allowing
doctrine to overcome what they could see with their own eyes if they looked.
Those gurus of yours are *all* doctrinal ideologues. It's an appealing way
for smart economists to spend their lives, because it allows them to concoct
brilliant-sounding theories and to achieve fame and glory. Just don't try to
implement the nonsense they write about.

>
>> soared to more than twice as much as a percentage of GDP as it is now,
>> and
>> the debt was paid off in less than a decade. In economics terms, that was
>
> It's helpful when you win a big war.

In economics terms, a big war is a huge sinkhole for wealth. However, like
other vast government-spending projects, they *can*, under ideal
circumstances, create the conditions necessary for *future* wealth. Which is
exactly what our government is trying to do now.

>
>> deficit spending and make-work all the way. The fact that the output was
>> economically useless -- exploded shells, sunken ships -- only further
>> proves
>> the point.
>
> But it wasn't useless. It created a reusable infrastructure that carried
> us
> well into the 1980s in some cases.

True. But doing it with government spending in a downturn is a corollary of
Keynesian economics, not of Hayek or Friedman. And some of the best examples
are things that Obama is trying to implement now -- vastly improved
education, and pump-priming basic scientific research.

> The actual work product was ultimately
> destroyed, but so too is a new Chevy - it just takes longer.

The "wealth" in a new Chevy is the use-value over time, which can be five or
even ten years of use. The wealth in a bomb ends when you drop it.

As Smith said, the wealth of a nation is the total value of its productive
output over a given period of time -- typically, a year. But there is value
to consumers, beyond that national wealth. In the case of a durable good
useable for many years, the value is the cumulative use-value over its
lifetime. So Chevies add more to the cumulative wealth of an economy than
bombs. But, according to Smith, and the point that was his greatest insight,
our ability to pay for those Chevies is solely dependent on the *rate* at
which we're producing output. Thus, Obama's desperate push to get output
going in a positive direction.

> The
> individual artifacts may have been economically useless but a
> wealth creation engine was brought into being.

Very true. And that's the reason to stimulate the engine, when it's sitting
on its heels and hamstrung by a lack of credit and prospects for growing
markets.

>
> Note also that Hayek warned what would happen if the West didn't
> back off its collectivist regulated economies after the war -
> and then we all went off and did an experiment. Europe kept trying
> to manage its economies, Easter Europe doing so with considerable
> force. The U.S. threw off the shackles more-or-less as Hayek
> suggested. Canada, NZ, and Australia ended up somewhere between
> these two options. Guess who won the economic war? Hayek was
> both predictive and, as it turned out, entirely correct.

As you said, we had the benefit of having won a war, without destruction of
our infrastructure, and we had started the whole thing with an economy
geared for consumption as well as production. When the Depression came to an
end, the consumption doors blew open again within a few years.

And then, as they rebuilt, Europe and Japan caught up -- making Hayek's
predictions moot, if not outright wrong. The Austrian School economists only
look good if you ignore about half of what's happened in the world. <g>

>
>>
>> All of those writers were excellent theorists and contributed a great
>> deal
>> to what we know about economics. But they represent less than half of
>> current understanding. If you haven't read the others, from Keynes to
>> Schumpeter to Galbraith (a minor one, but important to understand money
>> and
>> oligopolies), to Stiglitz, you'll have a one-sided view that's based on
>> comfortable-sounding theories that have, for the most part, been little
>> supported in actual practice. Their logic is great. Their ability to
>> predict, however, sucks in a major way.
>>
>> You could get a job at George Mason University, though, or Loyola, and
>> join
>> the last remaining covens of the Austrian School. <g>
>>
>> BTW, congratulations for reading Smith. I hardly know anyone else who
>> has.
>> I've gone through my 1072-page two-volume set twice, which probably is a
>> sign of an ill-spent youth, but it's worth it just to be able to explain
>> to
>> right-wing cranks what foolish impressions they have about _The Wealth of
>> Nations_. Smith assumed that economic activity had to be regulated, or
>> greed
>> would run the show. It's too bad that Greenspan didn't take him to heart.
>>
>> --
>> Ed Huntress
>>
>>
>
> Honesty compels me to admid that my study of Smith was limited to
> listening to a series of lectures that summarized WON.

No problem. I suspected that was the case. I've known dozens of people who
cite Smith in discussions about economics, but I only know two people
besides myself who have actually read _The Wealth of Nations_. Most people
have better things to do. <g>

> I keep meaning
> to go back and read the whole thing from cover to cover, but other
> reading intervenes. In the mean time, I've sampled bits of him here
> and there.

Try to sneak it into your life. He was a very wise old guy, much wiser than
the Cliff's Notes version suggests. But he was as tedious as an old Scottish
academic, which, of course, he was.

>
> I would take some issue with your claim that the Austrians are not
> well supported by practice. Because ... *no* economic school is well
> supported by practice nor do any of them do a great job of macro
> prediction.

I agree. That's why I don't do "schools." I try to read both sides.

> FDR's New (bad) Deal is cited as a victory for Keynes,
> for instance. But in reality, it was the industrialization for
> war that bailed him out of the Depression.

Right. The current thinking is that FDR lost his nerve, or political power
to keep it going, in 1935 - 36, and the whole economy took a huge setback.
That's what Obama is trying to avoid. If you follow Krugman, he'll tell
you -- and he's one of the best econometricians on this subject -- that
Obama hasn't done nearly enough. Politically, he can't. My fear is that
Krugman is right.

> It wasn't some kind
> of profligate Obama-like government spending on random activities
> that did it.

Right. It was some perfectly managed government spending on desert boots,
artillery primers, and jungle-packed cigarettes. Nothing random or
profligate. Nosirree...<g>

>
> I also stipulate that some regulation to prevent fraud or force
> is appropriate. But the intention is not to prevent greed, the
> intention is to prevent theft.

I think the idea is that greed justifies some astonishing things in the
minds of the greedy. Including theft.

> I am happy to see the greediest
> capitalist pigs get fabulously wealthy so long as they don't
> cheat people or - just as bad - do it with tax money.

And the lions shall lie down with the lambs -- and eat them. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 7:06 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Too_Many_Tools wrote:
>> On Jun 9, 7:55 am, "[email protected]" <[email protected]> wrote:
>>> On Jun 9, 4:25 am, Too_Many_Tools <[email protected]> wrote:
>>>
>>>
>>>
>>>> The Great Bush Depression.
>>>
>>>> If Obama isn't sucessful, your children will remember it as that.
>>>
>>>> TMT
>>>
>>> If Obama is not sucessful, my children, grandchildren , and
>>> historians will remember it as" How Obama failed while spending
>>> trillions, created the hyper-inflation and the largest deficit ever."
>>>
>>> Dan
>>
>> They will remember it as the The Great Bush Depression just as Hoover
>> is remembered for the The Great Depression.
>>
>> Interesting how you are demonstrating a definite amnesia toward
>> Republican contributions towards this mess.
>>
>
> But the truth will eventually come out, just as it did for FDR. Just this
> week some researchers at UCLA concluded that FDR's tinkering with the
> system actually prolonged the depression by seven years.
> http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

It wasn't "just this week." Cole and Ohanian have been beating that horse
since at least 2001.

There are just a few problems with their...uh, "analysis." One is that
anyone working for the WPA or any other government program wasn't counted as
"employed" by the C&O railroad. Another is that their regression analysis is
based on the assumption that there was no depression, not even a recession,
before FDR was elected. Their projections for employment, wages, and prices
are all based on the assumption that nothing had happened at all, because
they did a straight projection from the years 1923 - 1929.

Other than that, it was a fine piece of work. (pfhhht...)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 6:32 AM


<[email protected]> wrote in message
news:[email protected]...
On Jun 10, 12:06 am, "Ed Huntress" <[email protected]> wrote:
>
> There are just a few problems with their...uh, "analysis." One is that
> anyone working for the WPA or any other government program wasn't counted
> >as "employed" by the C&O railroad.

>I am sure you meant something else here. I just do not know what you
>meant. Obviously someone employed by the government would not be
>counted as employed by a rail road. I do not even understand why that
>would be relevant.

Sorry, I was being too obscure. There is the C&O Railroad, and there is the
railroading by Cole & Ohanian, which I was referring to. <g>

They've been delivering papers and articles about how bad the New Deal was
for about a decade now. Apparently they've decided to make it their life's
work. Hey, it's a job, and it gets them some attention.

> Another is that their regression analysis is
> based on the assumption that there was no depression, not even a
> recession,
> before FDR was elected. Their projections for employment, wages, and
> prices
> are all based on the assumption that nothing had happened at all, because
> they did a straight projection from the years 1923 - 1929.

>So what kind of projection would you suggest?

None at all. If you applied the same principle to the last couple of
decades, it would be like saying that projecting the Clinton policies
through the Bush years, we would now be rich and we'd be paying down the
national debt. It's a Twainsian result (lies, damned lies, and statistics).

>And what effect does
>that have on the conclusion?

It turns the process into statistical nonsense.

> I would think that regardless of the way
>one did a projection, that wages would not be expected to rise in a
>depression. And that if they did, it would slow the recovery.

Probably true, based on what we've learned since the Depression. But that
has nothing to do with the impression that right-wing writers are trying to
project from the C&O models and research.

>Since this study was done quite a while ago, I would think other
>economists have weighed in on this. I did some looking on the
>internet and did not easily find an argument that refuted their
>analysis. But did find this .......at
>http://www.tuccille.com/blog/2009/01/economist-explains-why-new-new-deal.html

>......As I've pointed out before, Cole and Ohanian aren't alone in
>their conclusions. A 1995 survey of economists and historians
>published in the Journal of Economic History found "[h]alf of the
>economists and a third of historians agreed, in whole or in part, that
>the New Deal prolonged the Great Depression."

Here are the issues: The New Deal policies that are criticized, and which
are unlikely ever to be repeated, were price collusion that was encouraged
by FDR, and the wage increases that were the quid pro quo for the government
allowing the price collusion. Based on theories at the time, FDR's
economists read the problem as one of insufficient demand, which they tried
to pump up by increasing wages. No one ever is likely to make those mistakes
again. Even so, only half of the economists surveyed thought they prolonged
the Depression.

The righty economists and writers try to give a different impression,
however. They want you to believe that half of the economists think that it
was *deficit spending* or make-work that prolonged the Depression. You won't
find many economists who believe that.

The basic issue with C&O's analysis, if you want to get into it, is that it
is based on an ex post facto RBC (Real Business Cycle) model. RBC models,
being ex post, have no predictive value. If you go into a question looking
for a particular result, you probably can find an ex post model that will
fit your data. RBC models are a hot ticket these days but they are still ex
post facto. The whole project is suspect for that reason.

But the bottom line is that C&O would like you to believe that the whole
Keynesian approach was at fault. You would have to look long and hard to
find a real economist, except for some Austrian School quacks, who believes
that deficit spending or jobs programs prolonged the Depression. And only
half of them even think that all of the price and wage manipulation had
anything to do with it, either.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 10:51 AM


<[email protected]> wrote in message
news:6f1d31a0-c3d3-4e54-b1c8-604aad7be025@z19g2000vbz.googlegroups.com...
On Jun 10, 11:32 am, "Ed Huntress" <[email protected]> wrote:

> Sorry, I was being too obscure. There is the C&O Railroad, and there is
> the
> railroading by Cole & Ohanian, which I was referring to. <g>
>

>I immediately thought of the Chesapeake and Ohio Railroad and never
>suspected you were attempting to disparage Cole and Ohanian. That is
>until about an hour after I had posted the reply.

> >So what kind of projection would you suggest?
>
> None at all.

>In other words you would not try to quantify the effects of price
>collusion?

Why would one do so? What does cartelization or the artificial wage
inflation extracted by FDR as a quid pro quo for relaxing collusion
prohibitions have to do with what's going on today? It's an historical
analysis of something that's long been rejected by economists. It has
nothing to do with Keynesian stimulus. It had no relation to the
pump-priming or government jobs programs that FDR also implemented. It has
nothing to do with current government policies.

What's happening here is that C&O's decade-long analysis of some of FDR's
price and wage policies are being used by others, especially by the Cato
Institute and half-assed journalists, to indict deficit spending and
make-work projects. It's a deceitful connection between unrelated policies.
The Mises Institute wrote an article about it called "The New Deal
Debunked," taking C&O's analysis and pasting it together with Rothbard and a
half-dozen other righties who claim it was the government spending that was
the real culprit. The right is trying to blend the whole thing together into
a complete indictment of FDR's policies. Even UCLA got into the act. "FDR's
policies prolonged Depression by 7 years, UCLA economists calculate," they
say, painting the whole thing with a foot-wide brush, for anyone who doesn't
read the details.

To be fair, it isn't C&O who have been doing this, directly. But that's how
their analysis is being reported and used. And, as I suggest below, that's
what their real project is, anyway; to make the case for non-intervention in
general.

> Here are the issues: The New Deal policies that are criticized, and which
> are unlikely ever to be repeated, were price collusion that was encouraged
> by FDR, and the wage increases that were the quid pro quo for the
> government
> allowing the price collusion. Based on theories at the time, FDR's
> economists read the problem as one of insufficient demand, which they
> tried
> to pump up by increasing wages. No one ever is likely to make those
> mistakes
> again. Even so, only half of the economists surveyed thought they
> prolonged
> the Depression.
>
> The righty economists and writers try to give a different impression,
> however. They want you to believe that half of the economists think that
> it
> was *deficit spending* or make-work that prolonged the Depression. You
> won't
> find many economists who believe that.

>I read C & O 's working paper and was not sucked into believing that
>they had addressed deficit spending or the make work.

Good for you. Tell Cato and the Mises Institute. Then tell all of the
libertarian and righty writers who are using it to suck in as many people as
they can. <g> BTW, there are quite a few C&O working papers on the subject.

>But I can find many economist that do believe that Keynes is wrong on
>government spending. In fact they took out a whole page newspaper
>advertisement to say they were not Keynesians.

"They" was the Cato Institute, who managed to get 250 economists to sign on
to a short, ambiguous statement that talked about long-term policies in
response to a short-term problem. When you have spiraling unemployment,
talking about encouraging saving and investment is like encouraging
abstinence to a pregnant teenager.

There were 250 who signed on; you can get 250 economists to claim we should
return to barter and gold coin. <g> But there are an estimated 15,000
degreed economists working in the field. Try again.

>
> But the bottom line is that C&O would like you to believe that the whole
> Keynesian approach was at fault.

>This may be what a lot of people want you to believe, but I see no
>evidence that C & O said anything about the Keynesian approach in
>their working paper.

Good. You read carefully. But look at what Cole said in an interview with
UCLA when they published their 2004 paper:

"The fact that the Depression dragged on for years convinced generations of
economists and policy-makers that capitalism could not be trusted to recover
from depressions and that significant government intervention was required
to achieve good outcomes," Cole said. "Ironically, our work shows that the
recovery would have been very rapid had the government not intervened."

That's C&O's real project -- to make the case for non-intervention in
general. But all they've been able to do is to indict wage and price
manipulation. Here's the news: So had most other economists, by at least
1960 or so.

>You would have to look long and hard to
> find a real economist, except for some Austrian School quacks, who
> believes
> that deficit spending or jobs programs prolonged the Depression.
>

>But lots of real economists think that the deficit spending and jobs
>programs were not effective in ending the Depression.

Well, you've got 250 out of 15,000 so far. Keep at it. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 6:00 PM


<[email protected]> wrote in message
news:645fee64-8dfb-4969-beae-41008ab4f998@t11g2000vbc.googlegroups.com...
On Jun 10, 3:51 pm, "Ed Huntress" <[email protected]> wrote:

> >In other words you would not try to quantify the effects of price
> >collusion?
>
> Why would one do so? What does cartelization or the artificial wage
> inflation extracted by FDR as a quid pro quo for relaxing collusion
> prohibitions have to do with what's going on today? It's an historical
> analysis of something that's long been rejected by economists. It has
> nothing to do with Keynesian stimulus. It had no relation to the
> pump-priming or government jobs programs that FDR also implemented. It has
> nothing to do with current government policies.

>That is easy to answer. If you can not quantify the effects of price
>collusion, you can not tell what effect the pump priming and
>government jobs programs had.

You can't tell either one. If you're a big believer in ex post
multiple-regression analysis, you may believe you can. But you can't. You
can predict the past that way, but there is an infinite number of models
that fit the data after the fact, which lead to contradictory conclusions.
And they produce NO evidence that you can use them to predict the future.
That's the root of the problem with ex post analysis and econometric
modeling in general: you never know if you've found the causative factors,
or just parallel consequences.

Don't tell this to my son. He's a college senior majoring in this, and he
wants to believe he can get a job next year. <g>

Not that the models are useless. It's just that they can be used to "prove"
a predetermined conclusion, if one is so disposed (and the Cato Institute,
and the Mises organization, and the AEI, etc. are so disposed), or, tempered
with experience and uncommon good sense, they can be useful to guide
policy -- if you keep the feedback loop open and quick to react.

Here's what I mean by applying common sense. C&O took data from the 1920s,
assumed that the depression was just an ordinary business cycle downturn,
and then analyzed the negative effects of the National Recovery Act and its
various policy implementations by projecting forward from the 1920s data.

But the Great Depression was no ordinary downturn. The NRA was enacted in
mid-1933. By that time, since 1929, there had been over 4,000 commercial
bank failures and 1,700 failed S&Ls; unemployment was 25%; national income
is 50% of what it was in 1929; the interest rate on US Treasuries went
negative.

In other words, there was no mechanism left for recovery. Everything was
collapsing. People were losing their houses and they were getting hungry.
The Communist Party was holding rallies and gaining members like mad. You
had a prescription for social unrest and nobody was lending credit, or
hiring in any numbers, or investing for growth. We were flat on our asses.

C&O originally (around 1999) applied neoclassical models and they showed
that the recovery should have been faster and stronger. That should have
been no surprise; ordinary recessions are all that neoclassical economics
had modeled, and they *usually* have a fast recovery. In fact, the deeper
the recession, the stronger the recovery.

But there was no experience in those models to account for 5,700 bank and
S&L failures, nor whether any psychological threshholds had been reached at
25% unemployment, nor deflation rates driving interest rates negative and
freezing credit up like an iceberg.

Most post-Hoover economists believed that we needed a BIG stimulus. But FDR
and Congress pushed through the multi-headed NRA at the same time. The NRA
and its offshoots, which is what C&O really are analyzing, was
counterproductive but lasted only two years.

If the pundits restricted themselves to that, and said that was the sole
element of FDR's policies that extended the Depression, they'd have a strong
argument. But, as we've discussed, most of the players don't restrict
themselves to that. And all of that right-wing group ignores the fact that
we were in frightening, uncharted social territory before FDR even took
office, let alone before his policies were implemented.

But the key fact is that there is an attempt here to paint all of the New
Deal policies with the brush that's charged with the NRA policies. Most
economists agree that those policies were bad news. They might even have
extended the Depression. But they had nothing to do with stimulus or
government make-work projects.

In that light, you might want to read something from the other side. This is
not an analysis; it's a lefty polemic, but it does point out that the terms
C&O use for recovery and employment ignore the most important facts of the
overall social situation. "The right-wing New Deal conniption fit":

http://www.salon.com/tech/htww/2009/02/02/the_new_deal_worked/

The point being, econometric analysis notwithstanding, there's a good chance
there would have been no opportunity for recovery, extended or otherwise.
And FDR's mistakes notwithstanding, his program may well have saved the
country from a bigger disaster.

> To be fair, it isn't C&O who have been doing this, directly. But that's
> how
> their analysis is being reported and used. And, as I suggest below, that's
> what their real project is, anyway; to make the case for non-intervention
> in
> general.
>
>
> Good for you. Tell Cato and the Mises Institute. Then tell all of the
> libertarian and righty writers who are using it to suck in as many people
> as
> they can. <g> BTW, there are quite a few C&O working papers on the
> subject.
>

>Well it would make more sense to me if you did not try to discredit C
>& O. And just explained that C & O focused on the effects of
>artificial wage inflation. You act as if you think that a free market
>place of ideas is bad. And you seem to want to invalidate an analysis
>not because it is wrong, but because it is capable of being
>misinterpreted. Is the Keynesian argument so weak that it can not
>stand on its own?

<shrug> Suit yourself. When you're reading ANY ex post regression analysis
about a controversial issue, the FIRST thing you ask is whether the
researchers have an ideological point of view going in. Because, if they do,
your flags should go up and you should be uncommonly wary. For example, John
Lott is an expert at econometric analysis, but as some of his critics have
demonstrated, his ideological bias has led him to make one-sided decisions
in those *many* cases where judgment or assumption is necessary to complete
the model. And they almost always do.

C&O have said enough things to indicate how they lean.

> >But I can find many economist that do believe that Keynes is wrong on
> >government spending. In fact they took out a whole page newspaper
> >advertisement to say they were not Keynesians.
>
> "They" was the Cato Institute, who managed to get 250 economists to sign
> on
> to a short, ambiguous statement that talked about long-term policies in
> response to a short-term problem. When you have spiraling unemployment,
> talking about encouraging saving and investment is like encouraging
> abstinence to a pregnant teenager.
>
> There were 250 who signed on; you can get 250 economists to claim we
> should
> return to barter and gold coin. <g> But there are an estimated 15,000
> degreed economists working in the field. Try again.
>
>
> Good. You read carefully. But look at what Cole said in an interview with
> UCLA when they published their 2004 paper:
>
> "The fact that the Depression dragged on for years convinced generations
> of
> economists and policy-makers that capitalism could not be trusted to
> recover
> from depressions and that significant government intervention was required
> to achieve good outcomes," Cole said. "Ironically, our work shows that the
> recovery would have been very rapid had the government not intervened."
>
> That's C&O's real project -- to make the case for non-intervention in
> general. But all they've been able to do is to indict wage and price
> manipulation. Here's the news: So had most other economists, by at least
> 1960 or so.
>

>But by 1960 or so most economists had also decided that Keynes was
>wrong.

What do you mean that Keynes was "wrong"? What part of Keynes' theories? The
part that matters here -- that temporary stimulus is necessary to get a
stalled economy moving again -- has always been widely accepted by the
mainstream economists.

>And what are your arguments for government intervention? Can you cite
>any analysis that says government intervention is effective?

Yeah, but I'm not going to waste time doing more research for you. If you
really care about the subject, you can find extensive analyses of it on your
own.

> >You would have to look long and hard to
> > find a real economist, except for some Austrian School quacks, who
> > believes
> > that deficit spending or jobs programs prolonged the Depression.
>
> >But lots of real economists think that the deficit spending and jobs
> >programs were not effective in ending the Depression.
>
> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>

>I find 250 well known economists including Nobel Prize winners, and
>you say that is not enough. Why don't you come up with at least 250
>economists that say that deficit spending and jobs programs were
>effective? The truth is that you will have to look long and hard to
>find real economists that are Keynesians.

You pay me what they paid the ad people at Cato, and I'll come up with
2,500. Deal?

As for Nobel Prize winners, ask Stiglitz or Krugman. <g>

>So back to you d8-).

I'm not wasting any more time with this, Dan. You're not making an effort to
find the full story, and digging up facts to satisfy your curiosity is not
on my schedule this week.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 6:04 PM


"Calif Bill" <[email protected]> wrote in message
news:[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>>> But lots of real economists think that the deficit spending and jobs
>>>programs were not effective in ending the Depression.
>>
>> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>>
>> --
>> Ed Huntress
>>
>
>
> Easy to see that the deficit spending and WPA was not helping end the
> depression. The War ended the depression.

The war was the biggest deficit spending, make-work program in history.
Thus, a common view among many economists today is that FDR's programs were
too small. They fear that Obama's programs are too small, now.

> During the Depression, FDR managed to lower the unemployment rate to at
> most 20% from a high of 24%. The War took 2 million people into the
> Military and the rest of the people were manufacturing stuff for the 2
> million in uniform. A war these days will not cure the depression. We
> have closed most smokestack manufacturing in this country, and even if we
> could open up "smokestack manufacturing" now, there are not enough skilled
> workers to staff the plants. We have a very illiterate population these
> days. Some regions have a 50%+ dropout rate before finishing high school.
> Maybe if we brought back shop classes, the kids would stay in school as
> they could see something they could do in the future. Maybe 20% of the
> population should go to college. Those that are both smart enough and
> motivated enough to do the work. We have raised wages astronomically
> pricing us out of a lot of the manufacturing jobs. $70 an hour with
> benefits to put lug nuts on a car. less than 30 years ago, $23k was a mid
> level engineering salary. Due to inflation because of government
> overspending and capitulation to "Public Service" unions, salaries are
> skewed way high here. 40 years ago we could compete due to better
> productivity and lower shipping costs for "Made in America". We made
> maybe 3x what a worker in another country made. Not the 10-20x now. When
> I designed disk drives in the 1980's, the fully bundled labor cost for
> making Head Stack Assemblies in Malaysia was $3.50 an hour. Most of the
> assembly was robotic, but to do the same job here was at a minimum $35 an
> hour. 10x the cost in Asia. I do not have a cure for the problems, but
> we are going to have to stop considering a "Living Wage" for everyone.
> Get some skills if you want higher pay! When a BART (transit) train
> driver makes $80k salary + benefits extra a year to sit and look out the
> window to see if anybody is stuck in the doors before the transit train
> moves, and if the train control fails, use the manual throttle to go at 25
> mph max to the next station. We are overpaying. And with a Congress and
> Executive branch hell bent on bankrupting the country by spending like a
> drunk machinist out on the town, I do not see a lot of good in the future
> for us. While companies are laying off people and taking salary cuts out
> "leaders" are taking pay raises and giving an average of 17% bonus to
> staff members. Fannie May and Freddie Mac, who are a major cause of the
> housing bust and are billions in the hole have given out some $51 million
> plus in bonus money. People in leadership positions in government and
> quasi government business should be getting pink slips not bonus checks!

You tell 'em.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:14 AM


"Calif Bill" <[email protected]> wrote in message
news:[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Calif Bill" <[email protected]> wrote in message
>> news:[email protected]...
>>>
>>> "Ed Huntress" <[email protected]> wrote in message
>>> news:[email protected]...
>>>>> But lots of real economists think that the deficit spending and jobs
>>>>>programs were not effective in ending the Depression.
>>>>
>>>> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>
>>>
>>> Easy to see that the deficit spending and WPA was not helping end the
>>> depression. The War ended the depression.
>>
>> The war was the biggest deficit spending, make-work program in history.
>> Thus, a common view among many economists today is that FDR's programs
>> were too small. They fear that Obama's programs are too small, now.
>>
>
> Was only 6% of GDP deficit spending. Way less than the present deficit
> spending.

It ran over 20% of GDP through most of the war, reaching something around
28% at the peak. The high-end estimate for FY 2009 is 12.3% of GDP.

Your figures are 'way off, Bill, and so is the rest of your conclusion about
the economic effects of war. Try again.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:27 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
> <SNIP>
>
>> Anyway, inflation has a known cure that is easy to institute, effective
>> and
>> proven.
>
> ????? On what planet? Inflation:
>
> 1) Punishes people on fixed incomes.
> 2) Drives wage earners into higher- and higher incremental tax brackets
> and triggers things like the AMT in the US tax code.
> 3) Punishes bond holders (like people who hold U.S. Treasuries)
> so that, over time, the bond issuer (like the U.S. government)
> has to sell that at higher rates to make them more attractive, thereby
> making the servicing of the debt more expensive.
>
> If you really think inflation is a cure for anything you need to
> revisit pre-WWII Germany or Zimbabwe in recent times. By your
> reckoning, they were/are economic paradises...

He didn't say inflation is a cure. He said inflation can be cured, as Paul
Volcker demonstrated. Deflation, if it deepens into a spiral, has no known
cure -- except years of time with businesses, the middle class, and the
bottom working class suffering through it.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 4:09 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> HeyBub wrote:
>> Too_Many_Tools wrote:
>>
>>> Deficit spending and the WPA kept millions of people from starving.
>>>
>>> I think that is accomplishing something.
>>
>> Yes, but if avoiding starvation was the goal, they did it the wrong way.
>>
>> Simply handing out food would have been cheaper, more efficient, and more
>> universal. Once again, a government program with a lofty goal, cost twice
>> as
>> much as it should and didn't fully address the problem.
>>
>>> Go hungry for a week and get back to us with your changed attitude.
>>>
>>> As for excessive spending...where were you when Bush spent a TRILLION
>>> dollars on a war that had no Iraq - 9/11 connection.
>>>
>>
>>
>> Right here. I was also right here when Obama committed $1.85 trillion
>> more
>> than revenue in the first quarter of this year. I'll be here as he spends
>> another $6.6 trillion (in excess of revenues) over the next few years.
>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>
>> The sad part is, Obama's expenditures don't guarantee we get to kill any
>> enemies.
>>
>>
>
> No, the sad part is that the foaming Bush-haters will never figure out
> that however fiscally irresponsible Bush was (and he was), Obama
> is at least an order of magnitude (base 10) worse, and he may
> even top that before it's all over...

That's not irresponsible. Deficit spending -- whether it's spending
increases or tax cuts -- during a time of economic strength or stability is
outright irresponsible. Cheney said "Reagan proved that deficits don't
matter," and Bush ran with it. That's not Keynes; that's just nuts.

Obama is spending in a violent economic downturn. That's what most
economists agree you should do. Then, like Clinton (who got lucky, but at
least he didn't do a Bush), you try to pay down the debt in good times.
That's Keynes.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 4:55 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> HeyBub wrote:
>>>> Too_Many_Tools wrote:
>>>>
>>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>>
>>>>> I think that is accomplishing something.
>>>> Yes, but if avoiding starvation was the goal, they did it the wrong
>>>> way.
>>>>
>>>> Simply handing out food would have been cheaper, more efficient, and
>>>> more
>>>> universal. Once again, a government program with a lofty goal, cost
>>>> twice
>>>> as
>>>> much as it should and didn't fully address the problem.
>>>>
>>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>>
>>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>>
>>>>
>>>> Right here. I was also right here when Obama committed $1.85 trillion
>>>> more
>>>> than revenue in the first quarter of this year. I'll be here as he
>>>> spends
>>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>>
>>>> The sad part is, Obama's expenditures don't guarantee we get to kill
>>>> any
>>>> enemies.
>>>>
>>>>
>>> No, the sad part is that the foaming Bush-haters will never figure out
>>> that however fiscally irresponsible Bush was (and he was), Obama
>>> is at least an order of magnitude (base 10) worse, and he may
>>> even top that before it's all over...
>>
>> That's not irresponsible. Deficit spending -- whether it's spending
>> increases or tax cuts -- during a time of economic strength or stability
>> is
>> outright irresponsible. Cheney said "Reagan proved that deficits don't
>> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>>
>> Obama is spending in a violent economic downturn. That's what most
>> economists agree you should do. Then, like Clinton (who got lucky, but at
>> least he didn't do a Bush), you try to pay down the debt in good times.
>> That's Keynes.
>>
>> --
>> Ed Huntress
>>
>>
>
> It is far from demonstrated that what you've written above actually
> works. It is a theory without demonstration.

Well, it has a lot more "demonstration" than sitting on one's hands,
Hayak-style, or of tightening money. Take a look at the list of recessions
since 1948 in this Wikipedia entry:

http://en.wikipedia.org/wiki/List_of_recessions#cite_note-23

I wouldn't rely on their analyses, but they're all based on other references
and documentation, which you could follow.

Most modern recessions in the US have been associated with monetary policies
that attempted to reverse inflation. It could be that the ones that ended at
about the time of stimulus would have ended similarly anyway (and stimulus
usually is too late to have maximum effect), but it's interesting that
several of them seemed to respond to deficit spending, to some degree.

In any case, deficit spending relieved some pain, so it may function more as
an analgesic than as a cure in a mild or moderate recession. But those were
all fairly mild recessions that can be attributed to normal business cycles.
Not this one. This is a hellbender, having more in common with 1930 than
1953.

> Consensus among academics
> does not make something true, and this is all the more the case when
> the discipline in question has gets an F- for its predictions in the
> past. (A parallel example exists in the Global Cooling, I mean Global
> Warming, oh, ... uh ... Climate Change community whose predictions
> have universally been far wrong...)

Yeah, the parallel is a good one, but I read it differently. You have the
mainstream, which usually is right, and you have the cranks and ideologues
on the fringes, who almost always are wrong.

I'll go with the mainstream.

>
> Spending money you do not have and have little hope of repaying if you
> borrow it is flatly irresponsible whether it is Obama or the guy down
> the street that bought a $300K house, a boat, and a 60" flatscreen TV
> on a $55K income.

Nations are not households. We spent much MORE money, as a percentage of
national income (GDP) in the 1940s than we are now. A household would go
bankrupt. A sovereign nation with its debt denoted in its own currency will
not. From here on out, everything depends on getting healthy growth going in
our economy. It may be a long shot but it's the only shot.

> The issue at stake here is whether Obama can pull
> off the "paying it back" part. I don't think he can. There isn't a
> historical example that shows this will work and even you Keynesians
> are worried he's not spending enough. We're in a lost endgame.

I'm not worried that he's not spending enough. I think we'll have dismally
slow growth no matter what, so I'm viewing the spending as an analgesic that
will ease the pain while the economy has a chance to recover -- if it really
does. In any case, there is no alternative.

As for historical examples, look again at the aftermath of WWII. Our
national debt was over 120% of our GDP -- twice what it will be at the end
of this year -- yet we paid it down and the economy got going.

There's a lot of skepticism about whether there's room for that kind of
growth today, and I'm somewhat skeptical, myself. But, once again, that's
the hand we're dealt, and it's the only game in town. Head down, hang onto
the ball, and charge through that line...

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 4:58 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> HeyBub wrote:
>>>> Too_Many_Tools wrote:
>>>>
>>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>>
>>>>> I think that is accomplishing something.
>>>> Yes, but if avoiding starvation was the goal, they did it the wrong
>>>> way.
>>>>
>>>> Simply handing out food would have been cheaper, more efficient, and
>>>> more
>>>> universal. Once again, a government program with a lofty goal, cost
>>>> twice
>>>> as
>>>> much as it should and didn't fully address the problem.
>>>>
>>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>>
>>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>>
>>>>
>>>> Right here. I was also right here when Obama committed $1.85 trillion
>>>> more
>>>> than revenue in the first quarter of this year. I'll be here as he
>>>> spends
>>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>>
>>>> The sad part is, Obama's expenditures don't guarantee we get to kill
>>>> any
>>>> enemies.
>>>>
>>>>
>>> No, the sad part is that the foaming Bush-haters will never figure out
>>> that however fiscally irresponsible Bush was (and he was), Obama
>>> is at least an order of magnitude (base 10) worse, and he may
>>> even top that before it's all over...
>>
>> That's not irresponsible. Deficit spending -- whether it's spending
>> increases or tax cuts -- during a time of economic strength or stability
>> is
>> outright irresponsible. Cheney said "Reagan proved that deficits don't
>> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>>
>> Obama is spending in a violent economic downturn. That's what most
>> economists agree you should do. Then, like Clinton (who got lucky, but at
>> least he didn't do a Bush), you try to pay down the debt in good times.
>> That's Keynes.
>>
>> --
>> Ed Huntress
>>
>>
>
> Noboby has paid down any debt since Ike.

Wrong. You're probably reading the right-wing crank-crap that includes
future Social Security obligations (in the form of non-negotiable special
Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
stupid, and wrong again. Even the Bush administration admitted that the
national debt had been reduced -- just a bit -- under Clinton.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 6:16 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> HeyBub wrote:
>>>>>> Too_Many_Tools wrote:
>>>>>>
>>>>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>>>>
>>>>>>> I think that is accomplishing something.
>>>>>> Yes, but if avoiding starvation was the goal, they did it the wrong
>>>>>> way.
>>>>>>
>>>>>> Simply handing out food would have been cheaper, more efficient, and
>>>>>> more
>>>>>> universal. Once again, a government program with a lofty goal, cost
>>>>>> twice
>>>>>> as
>>>>>> much as it should and didn't fully address the problem.
>>>>>>
>>>>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>>>>
>>>>>>> As for excessive spending...where were you when Bush spent a
>>>>>>> TRILLION
>>>>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>>>>
>>>>>> Right here. I was also right here when Obama committed $1.85 trillion
>>>>>> more
>>>>>> than revenue in the first quarter of this year. I'll be here as he
>>>>>> spends
>>>>>> another $6.6 trillion (in excess of revenues) over the next few
>>>>>> years.
>>>>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>>>>
>>>>>> The sad part is, Obama's expenditures don't guarantee we get to kill
>>>>>> any
>>>>>> enemies.
>>>>>>
>>>>>>
>>>>> No, the sad part is that the foaming Bush-haters will never figure out
>>>>> that however fiscally irresponsible Bush was (and he was), Obama
>>>>> is at least an order of magnitude (base 10) worse, and he may
>>>>> even top that before it's all over...
>>>> That's not irresponsible. Deficit spending -- whether it's spending
>>>> increases or tax cuts -- during a time of economic strength or
>>>> stability
>>>> is
>>>> outright irresponsible. Cheney said "Reagan proved that deficits don't
>>>> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>>>>
>>>> Obama is spending in a violent economic downturn. That's what most
>>>> economists agree you should do. Then, like Clinton (who got lucky, but
>>>> at
>>>> least he didn't do a Bush), you try to pay down the debt in good times.
>>>> That's Keynes.
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>> Noboby has paid down any debt since Ike.
>>
>> Wrong. You're probably reading the right-wing crank-crap that includes
>> future Social Security obligations (in the form of non-negotiable special
>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>> stupid, and wrong again. Even the Bush administration admitted that the
>> national debt had been reduced -- just a bit -- under Clinton.
>>
>> --
>> Ed Huntress
>>
>>
> Debt is debt. When it comes time to pay off the bond holders, it
> matters not who they are, there is no distinction in method when the
> government has to raise the cash.

This is complete horseshit. Tell us, Doug, what is the addition to taxpayer
obligations represented by, say, $1 billion in special Treasury notes
"bought" by the Social Security "Trust Fund"? In other words, in addition to
the statutory obligation, how much additional money do we owe?

Say we "borrow" from the Trust Fund. How much does that add to future
obligations? Hmmm?

And if you're going to do that, why don't you add in all the future
statutory obligations for veteran's benefits, federal employees' pensions,
and Medicare? You ought to be able to add another, oh, maybe $30 trillion,
at least, to the current "debt" figure, depending upon how far forward you
want to project future debt and treat it as a current obligation.

Answer those questions accurately, and you'll see what crap they've been
feeding you.

Here's the funny part of all this: For a couple of decades, the righties
were pushing for a "unified" budget so they could pump up the total tax
figure to upset the ignoranti. Now they want to separate the accounting, so
they can treat a special Treasury bond as a current deficit item. They want
it both ways -- as usual.

You're barking up the wrong tree, Doug. We've been over this on RCM three or
four times.

--
Ed Huntress


EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 6:22 PM


"Stu Fields" <[email protected]> wrote in message
news:[email protected]...
>
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> John R. Carroll wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> John R. Carroll wrote:
>>>> <SNIP>
>>>>
>>>>> Anyway, inflation has a known cure that is easy to institute,
>>>>> effective
>>>>> and
>>>>> proven.
>>>> ????? On what planet? Inflation:
>>>>
>>>> 1) Punishes people on fixed incomes.
>>>> 2) Drives wage earners into higher- and higher incremental tax brackets
>>>> and triggers things like the AMT in the US tax code.
>>>> 3) Punishes bond holders (like people who hold U.S. Treasuries)
>>>> so that, over time, the bond issuer (like the U.S. government)
>>>> has to sell that at higher rates to make them more attractive,
>>>> thereby
>>>> making the servicing of the debt more expensive.
>>>>
>>>> If you really think inflation is a cure for anything you need to
>>>> revisit pre-WWII Germany or Zimbabwe in recent times. By your
>>>> reckoning, they were/are economic paradises...
>>>
>>> I didn't say inflation was a cure for anything. I said "Anyway,
>>> inflation
>>> has a known cure that is easy to institute, effective and proven."
>>> Which is accurate.
>>>
>>> JC
>>>
>>>
>>
>> Ahhh .. that's what I get for speed reading ...
>
> I kinda liked Doug Casey's discussion of inflation vs deflation. Having a
> few bucks still in the bank and a fixed retirement income, deflation
> sounds better to me.

Of course it does. But for anyone still working for a living, it sucks. It
also sucks for anyone who wants to have a job to go to, because, using the
last time we had deflation that fed on itself as an example, unemployment
ran up to 25%.

If your retirement income is cash in the bank, just hope the bank doesn't go
bust. Last time, over 4,000 banks did just that.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 6:57 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Robatoy wrote:
>> On Jun 11, 4:21 pm, Tim Daneliuk <[email protected]> wrote:
>>
>>
>>> Apparently, at least in some
>>> quarters, the most complicated information space people are capable
>>> of considering is binary.
>>>
>>
>> You mean: (Bush quote)
>>
>> "You're either for us, or against us?"
>
> Sigh. Bush actually said: "Either you are with us, or you are with the
> terrorists."
>
> Address to Joint Session of Congress
> http://georgewbush-whitehouse.archives.gov/news/releases/2001/09/20010920-8.html
>
> You're probably thinking of "He who is not with me is against me, [and he
> who does not gather with me scatters]." (Matthew 12:30).
>
> No harm, though. I can see how it's easy to confuse Bush and Jesus.

It was a variation of Eldridge Cleaver's statement, in _Soul on Ice_, that
"if you're not part of the solution, you're part of the problem." I doubt if
Bush ever read it, though. One of his speechwriters probably was making a
little joke at the boss's expense. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 10:49 AM


"Doug Winterburn" <[email protected]> wrote in message
news:a%[email protected]...
> Ed Huntress wrote:
>>
>>>>>>
>>>>> Noboby has paid down any debt since Ike.
>>>> Wrong. You're probably reading the right-wing crank-crap that includes
>>>> future Social Security obligations (in the form of non-negotiable
>>>> special
>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>>>> stupid, and wrong again. Even the Bush administration admitted that the
>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>> Debt is debt. When it comes time to pay off the bond holders, it
>>> matters not who they are, there is no distinction in method when the
>>> government has to raise the cash.
>>
>> This is complete horseshit. Tell us, Doug, what is the addition to
>> taxpayer
>> obligations represented by, say, $1 billion in special Treasury notes
>> "bought" by the Social Security "Trust Fund"? In other words, in addition
>> to
>> the statutory obligation, how much additional money do we owe?
>
> None, assuming we would tax future generations without the "trust fund"
> obligation.

And that's the way it's always been; the way it is now; and the way it will
be, unless and until the entire structure of SS is changed. The "Trust Fund"
was primarily an accounting convenience, but it really doesn't change
anything. The obligations are paid when they come due. There is no way,
under the present structure, that it could be different. What is it that
people think the Treasury does with that money? That they sit on a stack of
dollar bills? That they invest it in GM stock? <g>

>
>>
>> Say we "borrow" from the Trust Fund. How much does that add to future
>> obligations? Hmmm?
>
> Exactly the amount we borrowed plus interest.

No. It adds nothing to the future obligation. The obligation itself remains
the same, because there is no other place to put the money. The bond doesn't
change anything.

The interest is another accounting issue, in which we take it out of our
left pocket and put it into the right. There is no stack of dollar bills.
There is no magical "asset." It is a piece of paper, backed by a promise to
pay in the future, just like regular Treasury bonds.

>
>>
>> And if you're going to do that, why don't you add in all the future
>> statutory obligations for veteran's benefits, federal employees'
>> pensions,
>> and Medicare? You ought to be able to add another, oh, maybe $30
>> trillion,
>> at least, to the current "debt" figure, depending upon how far forward
>> you
>> want to project future debt and treat it as a current obligation.
>
> $30 trillion is way low. Unfunded obligations.
>
>>
>> Answer those questions accurately, and you'll see what crap they've been
>> feeding you.
>
> Why is it "crap" to worry about future generations and the financial
> obligations we are passing on to them by borrowing against their future
> and spending on ourselves?

It's not. But that's not what's happening. SS is paid out of current
receipts.

>
> It has been estimated (before this latest spending binge) that the
> recipients of our largess to ourselves would put them in the 85% total
> tax bracket. I'm sure they will thank us.

I'll bet the math on that "estimate" is interesting. <g>

>>
>> Here's the funny part of all this: For a couple of decades, the righties
>> were pushing for a "unified" budget so they could pump up the total tax
>> figure to upset the ignoranti. Now they want to separate the accounting,
>> so
>> they can treat a special Treasury bond as a current deficit item. They
>> want
>> it both ways -- as usual.
>
> So, you think borrowing from a subsidary and calling the debt in that
> subsidary as an asset is OK? Ken Ley is vindicated!

Social Security is not a subsidiary. The debt is not counted as an asset.
But if you're a national treasury, rather than, say, a corporate treasury,
what are you supposed to do with the cash you receive in exchange for the
bonds? (Answer below.)

>
>>
>> You're barking up the wrong tree, Doug. We've been over this on RCM three
>> or
>> four times.
>
> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
> hundred billion in annual deficit spending. You said it yourself (in
> your first paragraph above), someone will have to pay up either way. As
> far as a "unified budget", it would be nice to know the real numbers on
> an annual basis.
>
> Debt is still debt and when the note holders come a knocking, the
> options to the debtor are the same.
>
> I replied to this thread when you claimed that Clinton had "paid down
> the debt". The fact is the Federal Government has spent more than it
> has taken in for the last 50 years or so, and has had to borrow the
> difference, thus _increasing_ the debt. If you would like to dispute
> the governments own figures, be my guest.

The "government's own figures" show that we had a surplus for the last
couple of years of Clinton's administration. Here's the government's own
figures for the public debt, which traditionally is called the "national
debt." Look at page 21:

You'll see there were surpluses for FY 1998 through 2001. That's the public
debt -- what the government owes individuals, corporations, foreign
governments, and so on. Until 1985 or so, there was no confusion about it.

Now, thanks to Alan Greenspan's accounting shell game that established a
"Trust Fund" for SS, there is a significantly different figure for "total
debt." That's what you're quoting. It includes the value of those "Trust
Fund" bonds, which have NO EFFECT on the future SS obligation (it's
statutory, and doesn't change because of the shell-game "bonds"). It is
SOLELY an accounting game to account for intragovernmental obligations and
surplus SS revenues. There is no money there, only ciphers on an accounting
page. It is a neat way to account for fictitious money but there is no money
there -- yet. <g>

Proof of which one is the real figure is the fact that, in those years, the
Treasury actually paid back and retired some of the external bonds. That's
what you do with a surplus.

I've been around this circle so many times that I really don't have patience
for it anymore, Doug, so I'll leave you with a few bits of information that
will either clear it up for you, or not, depending on whether you want to
believe in the fictitious "Trust Fund" or not.

There are two ways to look at the "Trust Fund." One is from an accounting
perspective. It's a good way to keep accounts separate, and to account for
SS surpluses. That's what it was all about.

But it leaves the impression that there is some store of money somewhere
which was exchanged for those "bonds." There isn't. The US Treasury is not a
corporate treasury, or a bank. It has nothing in which it can "invest" that
money for the long term. It can only keep account of it, and put it into
general revenues. That's the way it's always been, since the 1930s, when SS
was established, and it has nothing to do with the "bonds."

If you follow the money, rather than the accounting ciphers, you quickly
realize that it goes around in a big circle; it comes out of our pockets, as
payroll taxes, and winds up in general revenues, just like income tax. It
always has. The "Trust Fund" doesn't change that. And general revenues pay
for government expenditures. If there's a surplus, some external bonds are
retired -- just as it always has, from long before there was a "Trust Fund."

In truth, the budget is unified, and always has been. All revenues wind up
in Treasury. And SS is paid out of current receipts, just like always. If
the FICA taxes are enough to pay for it, that's where it comes from. If
there is a shortfall of FICA taxes, it comes out of general revenues. If
there is a surplus, the surplus goes into general revenues. Just as it
always has.

Now, you claim that we're borrowing against our children's future. Here's
what's wrong with that idea. First, there is no store of money to pay for
their "future." The "Trust Fund" has no way to store that money. And the
bonds neither increase nor decrease our obligation to our children. The
obligation is statutory, and future statutory obligations are not "debt."
They're laws that say we'll pay those obligations in the future out of
future revenues. Just as we always have.

Second, our children's future SS payments depend NOT on how many bonds are
in the "Trust Fund," but on whether there is enough money in the Treasury to
pay for them, in the general fund. Just as it always has.

So the important thing is to make sure there's enough money in Treasury. If
the "bonds" come due and we're short of money, we'll pay the bonds -- by
issuing additional, general-obligation bonds. We won't default on the bonds.
Either that, or the whole country will have tanked first. And if it tanks,
special Treasury bonds aren't going to help them. Congress can pay the
bonds, and then withhold SS's authority to pay individuals. That's what
happens when the whole system is, in truth, a creature of the government.

I hope you get the idea, that the Trust Fund is an accounting device -- a
legitimate and useful one -- but that it is very misleading in terms of
where the money comes from and where it goes. You can follow the accounting
and it has a neat, internal logic. Or you can follow the money, and you see
that you're chasing a pea under some shells.

One last thing: If there had been a surplus under Bush, you can bet your
butt that those same people who are claiming now that there was no surplus
under Clinton would be arguing against accounting for it all by including
the Trust Fund, and making jokes about "intragovernmental debt," pointing
out that there's no money there and that it's all an accounting fiction. And
they'd be right.

I'm always wary of Wikipedia but they do a pretty good job explaining public
debt and intragovernmental debt -- better than the government sites I've
visited over the years. The graphs are useful, too:

http://en.wikipedia.org/wiki/United_States_public_debt

Have fun. I'm done. <g>

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 12:07 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...

<snip alleged dodging and weaving>

>>
>>
> All of that dodging and weaving doesn't change the fact that the
> government spent more than it took in for the last 50 years or so as
> witnessed by the Department of Treasury's own accounting of debt:
>
> http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm

Let's try a simpler explanation: Debt includes future bond obligations, even
intragovernmental bonds. But deficits (or surpluses) are based on current
revenues and expenditures.

If Treasury sells a bond to SS that comes due in 2020, it's counted as debt.
But current SS expenditures versus current SS revenues show a surplus. The
*entire US budget*, taken as a whole for the years 1998 - 2001, showed a
surplus, as you would see if you looked at the government's own website that
I pointed you to. Thus, Clinton ran a surplus.

Don't confuse debts with deficits. It's a common mistake, but they aren't
the same thing. You can have a surplus while you're accumulating debt, but
the "debt," if it's an intragovernmental bond for SS, doesn't really
increase the future obligation. The obligation was already there, by
statute, or we wouldn't be selling that department bonds in the first place.
SS is not China. <g> When we pay off a SS "bond," we take money out of one
pocket and put it in another.

So it's "debt" only to an accountant. It keeps their books neat and clean.
But it doesn't tell you where the money is coming from or going.

Again, from 1998 to 2001, our revenues exceeded our expenditures. And we
used the surplus to pay off and retire some public debt, in the form of
conventional Treasury bonds. Clear now?

>
> If the trust funds are only an "accounting mechanism" and SS and others
> would be funded anyway, why collect more than is needed for current
> obligations?

You could read the Congressional testimony given by Greenspan and others
around 1985. Their logic was impeccable. The reality was a crock. <g>

> The answer is to mask $3-4 hundred billion of annual
> deficit spending so that politicians could claim "balanced budgets" and
> "surpluses".

There was no deficit spending in 1998 - 2001. Look again at the website I
pointed you to:

http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf (see page 21)

Oh, nuts, I see that I forgot to paste the URL in the last message. I said
"see page 21," and then didn't say page 21 of *what*. <g> Sorry about that.
If you go there now, you'll see what the current revenues and expenditures
were. That shows a surplus. Debt is something else, which we have discussed.

>
> This business of worrying about SS and others when the "trust funds" are
> exhausted is pure BS. The problem with all of these programs will occur
> as soon as receipts don't cover expenses because the trust funds only
> contain IOUs. To collect on those, the trust funds will present them to
> the federal government and the federal government will have to get the
> money from their only source - taxpayers. So far, this only amounts to
> $4 trillion or so, but it is growing fast.

Exactly. But it will be paid out of future revenues. If there are no future
revenues, the country goes bust, and you can forget SS, anyway.

But that's absurd.

You seem to get the fact that the supposed "debt" of SS obligations is not
debt at all, but future obligations that will be funded from future
revenues. They were exactly the same obligations we had before we started
the "Trust Fund" and counted them as "debt." If that's so, why are you
finding it so hard to realize that we ran a surplus in 1998 - 2001, or that
the "bonds" are mostly a fiction, in terms of money, rather than accounting?

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 12:25 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:a%[email protected]...
>>> Ed Huntress wrote:
>>>>>>> Noboby has paid down any debt since Ike.
>>>>>> Wrong. You're probably reading the right-wing crank-crap that
>>>>>> includes
>>>>>> future Social Security obligations (in the form of non-negotiable
>>>>>> special
>>>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt.
>>>>>> Wrong,
>>>>>> stupid, and wrong again. Even the Bush administration admitted that
>>>>>> the
>>>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>>>
>>>>>> --
>>>>>> Ed Huntress
>>>>>>
>>>>>>
>>>>> Debt is debt. When it comes time to pay off the bond holders, it
>>>>> matters not who they are, there is no distinction in method when the
>>>>> government has to raise the cash.
>>>> This is complete horseshit. Tell us, Doug, what is the addition to
>>>> taxpayer
>>>> obligations represented by, say, $1 billion in special Treasury notes
>>>> "bought" by the Social Security "Trust Fund"? In other words, in
>>>> addition
>>>> to
>>>> the statutory obligation, how much additional money do we owe?
>>> None, assuming we would tax future generations without the "trust fund"
>>> obligation.
>>>
>>>> Say we "borrow" from the Trust Fund. How much does that add to future
>>>> obligations? Hmmm?
>>> Exactly the amount we borrowed plus interest.
>>>
>>>> And if you're going to do that, why don't you add in all the future
>>>> statutory obligations for veteran's benefits, federal employees'
>>>> pensions,
>>>> and Medicare? You ought to be able to add another, oh, maybe $30
>>>> trillion,
>>>> at least, to the current "debt" figure, depending upon how far forward
>>>> you
>>>> want to project future debt and treat it as a current obligation.
>>> $30 trillion is way low. Unfunded obligations.
>>>
>>>> Answer those questions accurately, and you'll see what crap they've
>>>> been
>>>> feeding you.
>>> Why is it "crap" to worry about future generations and the financial
>>> obligations we are passing on to them by borrowing against their future
>>> and spending on ourselves?
>>>
>>> It has been estimated (before this latest spending binge) that the
>>> recipients of our largess to ourselves would put them in the 85% total
>>> tax bracket. I'm sure they will thank us.
>>>> Here's the funny part of all this: For a couple of decades, the
>>>> righties
>>>> were pushing for a "unified" budget so they could pump up the total tax
>>>> figure to upset the ignoranti. Now they want to separate the
>>>> accounting,
>>>> so
>>>> they can treat a special Treasury bond as a current deficit item. They
>>>> want
>>>> it both ways -- as usual.
>>> So, you think borrowing from a subsidary and calling the debt in that
>>> subsidary as an asset is OK? Ken Ley is vindicated!
>>>
>>>> You're barking up the wrong tree, Doug. We've been over this on RCM
>>>> three
>>>> or
>>>> four times.
>>> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
>>> hundred billion in annual deficit spending. You said it yourself (in
>>> your first paragraph above), someone will have to pay up either way. As
>>> far as a "unified budget", it would be nice to know the real numbers on
>>> an annual basis.
>>>
>>> Debt is still debt and when the note holders come a knocking, the
>>> options to the debtor are the same.
>>>
>>> I replied to this thread when you claimed that Clinton had "paid down
>>> the debt". The fact is the Federal Government has spent more than it
>>> has taken in for the last 50 years or so, and has had to borrow the
>>> difference, thus _increasing_ the debt. If you would like to dispute
>>> the governments own figures, be my guest.
>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>>>
>>
>> Actually Clinton did pay down a pittance of the debt in 2000. $233
>> billion. But the government spending also went up. they just could not
>> handle all the money coming in from the dot.com boom. 15 years before,
>> we
>> would not have seen the influx of tax revenue. Tax law changes made you
>> liable for the "profit" on a stock option the day you exercised the
>> option.
>> Before that, you were not hit with taxes until you actually sold the
>> stock
>> and saw real money. Most exercised and sold the same day. Those that
>> did
>> not, have huge tax bills, they can not offset with losses. Takes a long
>> time to write down $90 million in paper losses at $3000 / year.
>>
>>
> Uh, how did the debt increase if the "debt was paid down" ?

Public debt was paid down. Intragovernmental debt (funny money) increased.

The intragovernmental debt had no effect on revenues and expenditures. In
current accounts, there was a surplus. The surplus was used to pay down some
public (non-intragovernmental) debt. And the intragovernmental debt did
NOTHING to increase our future obligations.

Hey, this is getting simpler as we go along. <g>

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 1:05 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:[email protected]...
>>
>> <snip alleged dodging and weaving>
>>
>>>>
>>> All of that dodging and weaving doesn't change the fact that the
>>> government spent more than it took in for the last 50 years or so as
>>> witnessed by the Department of Treasury's own accounting of debt:
>>>
>>> http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
>>
>> Let's try a simpler explanation: Debt includes future bond obligations,
>> even
>> intragovernmental bonds. But deficits (or surpluses) are based on current
>> revenues and expenditures.
>>
>> If Treasury sells a bond to SS that comes due in 2020, it's counted as
>> debt.
>> But current SS expenditures versus current SS revenues show a surplus.
>> The
>> *entire US budget*, taken as a whole for the years 1998 - 2001, showed a
>> surplus, as you would see if you looked at the government's own website
>> that
>> I pointed you to. Thus, Clinton ran a surplus.
>>
>> Don't confuse debts with deficits. It's a common mistake, but they aren't
>> the same thing. You can have a surplus while you're accumulating debt,
>> but
>> the "debt," if it's an intragovernmental bond for SS, doesn't really
>> increase the future obligation. The obligation was already there, by
>> statute, or we wouldn't be selling that department bonds in the first
>> place.
>> SS is not China. <g> When we pay off a SS "bond," we take money out of
>> one
>> pocket and put it in another.
>>
>> So it's "debt" only to an accountant. It keeps their books neat and
>> clean.
>> But it doesn't tell you where the money is coming from or going.
>>
>> Again, from 1998 to 2001, our revenues exceeded our expenditures. And we
>> used the surplus to pay off and retire some public debt, in the form of
>> conventional Treasury bonds. Clear now?
>>
>>> If the trust funds are only an "accounting mechanism" and SS and others
>>> would be funded anyway, why collect more than is needed for current
>>> obligations?
>>
>> You could read the Congressional testimony given by Greenspan and others
>> around 1985. Their logic was impeccable. The reality was a crock. <g>
>>
>>> The answer is to mask $3-4 hundred billion of annual
>>> deficit spending so that politicians could claim "balanced budgets" and
>>> "surpluses".
>>
>> There was no deficit spending in 1998 - 2001. Look again at the website I
>> pointed you to:
>>
>> http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf (see page 21)
>>
>> Oh, nuts, I see that I forgot to paste the URL in the last message. I
>> said
>> "see page 21," and then didn't say page 21 of *what*. <g> Sorry about
>> that.
>> If you go there now, you'll see what the current revenues and
>> expenditures
>> were. That shows a surplus. Debt is something else, which we have
>> discussed.
>>
>>> This business of worrying about SS and others when the "trust funds" are
>>> exhausted is pure BS. The problem with all of these programs will occur
>>> as soon as receipts don't cover expenses because the trust funds only
>>> contain IOUs. To collect on those, the trust funds will present them to
>>> the federal government and the federal government will have to get the
>>> money from their only source - taxpayers. So far, this only amounts to
>>> $4 trillion or so, but it is growing fast.
>>
>> Exactly. But it will be paid out of future revenues. If there are no
>> future
>> revenues, the country goes bust, and you can forget SS, anyway.
>>
>> But that's absurd.
>>
>> You seem to get the fact that the supposed "debt" of SS obligations is
>> not
>> debt at all, but future obligations that will be funded from future
>> revenues. They were exactly the same obligations we had before we started
>> the "Trust Fund" and counted them as "debt." If that's so, why are you
>> finding it so hard to realize that we ran a surplus in 1998 - 2001, or
>> that
>> the "bonds" are mostly a fiction, in terms of money, rather than
>> accounting?
>>
>> --
>> Ed Huntress
>>
>>
> I guess it's old math - the meaning of surplus, deficit and their effect
> on debt. If you have a deficit (expenses exceed revenue), your debt
> goes up because you had to borrow the difference. If you have a surplus
> (income exceeds expenses), your debt goes down because you use the
> difference to pay some/all of your debt. At least that's the way it
> works in my house.

Equating a household's finances with the finances of our federal government
is the source of a great deal of confusion. In our case, most of the
confusion is the result of having intragovernmental accounts, which don't
work like a household at all. SS is a pay-as-you-go program, as it always
has been, but we've larded it with this bit of accounting since the
mid-'80s, in which we issue special bonds in exchange for surplus SS
revenue. Meanwhile, we're taking in the revenue, which is counted as current
revenue, and we're making SS payments, which is counted as current expenses.
The fact that we might have to pay a shortfall out of future general
revenues will look good on paper -- we'll be retiring some of those SS bonds
when we do it -- but it isn't going to change the fact that we have to pay
them out of current revenues. Both ways, the "bonds" create a fictional idea
of what is happening, because, again, there is no way to store those
surpluses.

The two problems with that are, first, that the bonds don't represent any
additional debt. The future obligations are the result of a statutory
program. The bonds help clean up the accounting. But there is no more or
less "debt" owed for future SS obligations than there was before we used the
bond gizmo to account for it. In that sense, there is no parallel to a
household. We don't replace statutory obligations with I.O.U.s at home. If
we tried it with our taxes, for example, we could find that the government
takes a very dim view of it. <g>

The second problem is that, from an accounting point of view, this has the
unfortunate effect of adding the value of the "bonds" to our total debt --
even though our system works entirely on currect accounts, and there is no
real way to offset the debt represented by those bonds. This is totally
unlike a household, where you could put the cash in a savings account or
invest it in something. So the debt goes up, even when nothing really
changed, either in terms of current revenues and expenses, nor in our future
obligations.

If you keep all the pieces in mind, the use of bonds in a "Trust Fund" is a
useful accounting device and helps keep track of where SS stands. But when
you're looking at the "national debt," and use total debt as the value for
it, it just keeps adding something that isn't really there.

In accounting terms, it will come out in the wash when we retire the
bonds -- if we ever do. But that may be decades away. Meantime, they screw
up the impression many people have of what is happening. Many think the cash
is going into a pot somewhere. When you ask them what the Treasury is
supposed to do with that revenue, most of them give you a blank stare. <g>

>
> In the governments case, it doesn't really matter who they owe money to
> - China or the SS trust fund or a savings bond holder. When a bond
> holder redeems a bond, the taxpayer is the source of the money.

Right. But when you hold the bond, as the federal government does, and
you're the payer of the bond, as the federal government is...it gets a
little strange. Internal accounting is a useful thing. Just don't mix it up
with money we owe to someone else.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 2:10 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Doug Winterburn" <[email protected]> wrote in message

<snip>

>>>>
>>>>
>>> I guess it's old math - the meaning of surplus, deficit and their effect
>>> on debt. If you have a deficit (expenses exceed revenue), your debt
>>> goes up because you had to borrow the difference. If you have a surplus
>>> (income exceeds expenses), your debt goes down because you use the
>>> difference to pay some/all of your debt. At least that's the way it
>>> works in my house.
>>
>> Equating a household's finances with the finances of our federal
>> government
>> is the source of a great deal of confusion. In our case, most of the
>> confusion is the result of having intragovernmental accounts, which don't
>> work like a household at all. SS is a pay-as-you-go program, as it always
>> has been, but we've larded it with this bit of accounting since the
>> mid-'80s, in which we issue special bonds in exchange for surplus SS
>> revenue. Meanwhile, we're taking in the revenue, which is counted as
>> current
>> revenue, and we're making SS payments, which is counted as current
>> expenses.
>> The fact that we might have to pay a shortfall out of future general
>> revenues will look good on paper -- we'll be retiring some of those SS
>> bonds
>> when we do it -- but it isn't going to change the fact that we have to
>> pay
>> them out of current revenues. Both ways, the "bonds" create a fictional
>> idea
>> of what is happening, because, again, there is no way to store those
>> surpluses.
>
> Sure there is - invest in non government instruments. But that would
> mean the dreaded privatization word would enter the picture.

Uh, would you rather have had GM Preferred or would you just go for
California state bonds? <ggg!>

There are many problems with that. For one thing, you'd have the federal
government locked into a positive feedback loop with the state of the stock
or bond markets. For another, you'd have the government having to protect
its own investments -- tempting preferential treatment.

Or you could just invest it in a S&P index fund which would reduce the
preferential treatment issue. Let's see, how much money did they lose over
the past year?....

Ain't no way. Nohow.

>
>>
>> The two problems with that are, first, that the bonds don't represent any
>> additional debt. The future obligations are the result of a statutory
>> program. The bonds help clean up the accounting. But there is no more or
>> less "debt" owed for future SS obligations than there was before we used
>> the
>> bond gizmo to account for it. In that sense, there is no parallel to a
>> household. We don't replace statutory obligations with I.O.U.s at home.
>> If
>> we tried it with our taxes, for example, we could find that the
>> government
>> takes a very dim view of it. <g>
>>
>> The second problem is that, from an accounting point of view, this has
>> the
>> unfortunate effect of adding the value of the "bonds" to our total
>> debt --
>> even though our system works entirely on currect accounts, and there is
>> no
>> real way to offset the debt represented by those bonds. This is totally
>> unlike a household, where you could put the cash in a savings account or
>> invest it in something. So the debt goes up, even when nothing really
>> changed, either in terms of current revenues and expenses, nor in our
>> future
>> obligations.
>>
>> If you keep all the pieces in mind, the use of bonds in a "Trust Fund" is
>> a
>> useful accounting device and helps keep track of where SS stands. But
>> when
>> you're looking at the "national debt," and use total debt as the value
>> for
>> it, it just keeps adding something that isn't really there.
>>
>> In accounting terms, it will come out in the wash when we retire the
>> bonds -- if we ever do. But that may be decades away. Meantime, they
>> screw
>> up the impression many people have of what is happening. Many think the
>> cash
>> is going into a pot somewhere. When you ask them what the Treasury is
>> supposed to do with that revenue, most of them give you a blank stare.
>> <g>
>
> The question shouldn't be what the Treasury shhould do with the excess
> revenue - it should be what the SS administration should do with them.

I'm surprised that you'd trust them to invest your retirement money.
Actually, they've already invested in what is considered by investors around
the world to be the world's most secure investment: US Treasury bonds.

>>
>>> In the governments case, it doesn't really matter who they owe money to
>>> - China or the SS trust fund or a savings bond holder. When a bond
>>> holder redeems a bond, the taxpayer is the source of the money.
>>
>> Right. But when you hold the bond, as the federal government does, and
>> you're the payer of the bond, as the federal government is...it gets a
>> little strange. Internal accounting is a useful thing. Just don't mix it
>> up
>> with money we owe to someone else.
>
> It may well be converted to money we owe someone else. The Treasury may
> have to issue public bonds to raise the cash to pay the SS
> administration. Kind of like paying off your Mastercard with your VISA
> card.

Possibly. Let's hope that SS is reformed enough by then that it won't have
to be funded (for long periods, anyway) with debt.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 2:40 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Doug Winterburn" <[email protected]> wrote in message
>>
>> <snip>
>>
>>>>>>
>>>>> I guess it's old math - the meaning of surplus, deficit and their
>>>>> effect
>>>>> on debt. If you have a deficit (expenses exceed revenue), your debt
>>>>> goes up because you had to borrow the difference. If you have a
>>>>> surplus
>>>>> (income exceeds expenses), your debt goes down because you use the
>>>>> difference to pay some/all of your debt. At least that's the way it
>>>>> works in my house.
>>>> Equating a household's finances with the finances of our federal
>>>> government
>>>> is the source of a great deal of confusion. In our case, most of the
>>>> confusion is the result of having intragovernmental accounts, which
>>>> don't
>>>> work like a household at all. SS is a pay-as-you-go program, as it
>>>> always
>>>> has been, but we've larded it with this bit of accounting since the
>>>> mid-'80s, in which we issue special bonds in exchange for surplus SS
>>>> revenue. Meanwhile, we're taking in the revenue, which is counted as
>>>> current
>>>> revenue, and we're making SS payments, which is counted as current
>>>> expenses.
>>>> The fact that we might have to pay a shortfall out of future general
>>>> revenues will look good on paper -- we'll be retiring some of those SS
>>>> bonds
>>>> when we do it -- but it isn't going to change the fact that we have to
>>>> pay
>>>> them out of current revenues. Both ways, the "bonds" create a fictional
>>>> idea
>>>> of what is happening, because, again, there is no way to store those
>>>> surpluses.
>>> Sure there is - invest in non government instruments. But that would
>>> mean the dreaded privatization word would enter the picture.
>>
>> Uh, would you rather have had GM Preferred or would you just go for
>> California state bonds? <ggg!>
>>
>> There are many problems with that. For one thing, you'd have the federal
>> government locked into a positive feedback loop with the state of the
>> stock
>> or bond markets. For another, you'd have the government having to protect
>> its own investments -- tempting preferential treatment.
>>
>> Or you could just invest it in a S&P index fund which would reduce the
>> preferential treatment issue. Let's see, how much money did they lose
>> over
>> the past year?....
>
> It sure did better than what happens now - all the surplus is spent and
> the only way to recoup is to tax folks again for the same purpose.

But surplus spent now is additional income taxes they don't have to collect
now. Spending surplus doesn't add or subtract from total taxes. And if you
want to cut expenditures, organize a lobby and decide whether you want to
face old people with pitchforks, or veterans with rifles. <g> There aren't
many other places where there's much to cut.

>
>>
>> Ain't no way. Nohow.
>>
>>>> The two problems with that are, first, that the bonds don't represent
>>>> any
>>>> additional debt. The future obligations are the result of a statutory
>>>> program. The bonds help clean up the accounting. But there is no more
>>>> or
>>>> less "debt" owed for future SS obligations than there was before we
>>>> used
>>>> the
>>>> bond gizmo to account for it. In that sense, there is no parallel to a
>>>> household. We don't replace statutory obligations with I.O.U.s at home.
>>>> If
>>>> we tried it with our taxes, for example, we could find that the
>>>> government
>>>> takes a very dim view of it. <g>
>>>>
>>>> The second problem is that, from an accounting point of view, this has
>>>> the
>>>> unfortunate effect of adding the value of the "bonds" to our total
>>>> debt --
>>>> even though our system works entirely on currect accounts, and there is
>>>> no
>>>> real way to offset the debt represented by those bonds. This is totally
>>>> unlike a household, where you could put the cash in a savings account
>>>> or
>>>> invest it in something. So the debt goes up, even when nothing really
>>>> changed, either in terms of current revenues and expenses, nor in our
>>>> future
>>>> obligations.
>>>>
>>>> If you keep all the pieces in mind, the use of bonds in a "Trust Fund"
>>>> is
>>>> a
>>>> useful accounting device and helps keep track of where SS stands. But
>>>> when
>>>> you're looking at the "national debt," and use total debt as the value
>>>> for
>>>> it, it just keeps adding something that isn't really there.
>>>>
>>>> In accounting terms, it will come out in the wash when we retire the
>>>> bonds -- if we ever do. But that may be decades away. Meantime, they
>>>> screw
>>>> up the impression many people have of what is happening. Many think the
>>>> cash
>>>> is going into a pot somewhere. When you ask them what the Treasury is
>>>> supposed to do with that revenue, most of them give you a blank stare.
>>>> <g>
>>> The question shouldn't be what the Treasury shhould do with the excess
>>> revenue - it should be what the SS administration should do with them.
>>
>> I'm surprised that you'd trust them to invest your retirement money.
>
> Actually, I don't. That's why I invested 10% of my gross in public
> instruments so I now have a real retirement fund that is paying out much
> better than SS.

Good for you. May your luck hold.

>
>> Actually, they've already invested in what is considered by investors
>> around
>> the world to be the world's most secure investment: US Treasury bonds.
>>
>>>>> In the governments case, it doesn't really matter who they owe money
>>>>> to
>>>>> - China or the SS trust fund or a savings bond holder. When a bond
>>>>> holder redeems a bond, the taxpayer is the source of the money.
>>>> Right. But when you hold the bond, as the federal government does, and
>>>> you're the payer of the bond, as the federal government is...it gets a
>>>> little strange. Internal accounting is a useful thing. Just don't mix
>>>> it
>>>> up
>>>> with money we owe to someone else.
>>> It may well be converted to money we owe someone else. The Treasury may
>>> have to issue public bonds to raise the cash to pay the SS
>>> administration. Kind of like paying off your Mastercard with your VISA
>>> card.
>>
>> Possibly. Let's hope that SS is reformed enough by then that it won't
>> have
>> to be funded (for long periods, anyway) with debt.
>
> It already is.

No. It's funded by current revenues.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 5:40 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...

<snip>

> <Butts In To Ask A Really Dumb Question>
>
> OK, here's what I don't understand. If SS is paid out of
> current revenues - indeed *all* statutory entitlement
> commitments are, if I understand your explanations - then
> just *what* is responsible for our national debt? Debt
> is only possible if we're spending more than we're collecting
> as a nation. No amount of accounting gymnastics changes
> this. Since statutory entitlements comprise well over half
> the annual budget, the rest primarily being Defense, servicing
> the debt and administration (what we in the Real World call
> "SG & A"), are you arguing that the debt is entirely a
> consequence of these latter three? 'Seems unlikely to me.
>
> Inquiring minds wanna know...

As convoluted as this thing is, there are no dumb questions.

I mentioned that the separate accounting for SS is helpful to tell where it
stands, and from the data it's clear that the funds designated for SS (FICA
payroll taxes) are more than enough to pay for SS through 2017:

http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the PDF,
or "CRS-6" of the document)

So Social Security isn't adding to the deficit.

Medicare is more complicated; parts A, B, and D each are funded differently.
As of a few years ago, total Medicare was funded 41% by general revenues,
and most of the rest through payroll taxes and other designated funds. Total
Medicare revenue in 2005 was around $440 billion, so 41% of that could be
counted as contributing to the deficit.

There are many other "trust funds" that have designated sources of revenue,
but many of those actually are just designated portions of general revenues.

So you can see what we're spending money on by looking at any of the pie
charts and other graphs online. Here's one for FY 2008:

http://en.wikipedia.org/wiki/United_States_federal_budget,_2008

Just remember that the big chunk represented by SS is totally funded by
dedicated revenues, and roughly 60% of Medicare is funded by dedicated
revenues. Pretty much everything else comes out of general revenues. That
"everything else," plus 41% or so of Medicare, are the sources of deficit
spending.

In other words, aside from SS and 60% or so of Medicare, most other
statutory entitlement expenditures are *not* coming from designated revenue
sources. They are, in fact, major sources of deficit spending. So is defense
and the non-budget expenditures for the war in Iraq, Homeland Security, and
all of the discretionary spending items.

The pie charts are real eye-openers for most people. Just remember about the
dedicated funding for SS and 60% of Medicare. The total amounts spent on
them show up in the pie charts, but they aren't coming out of general
revenues.

--
Ed Huntress





>
>
>
> --
> ----------------------------------------------------------------------------
> Tim Daneliuk [email protected]
> PGP Key: http://www.tundraware.com/PGP/

GA

Gunner Asch

in reply to "Ed Huntress" on 12/06/2009 5:40 PM

15/06/2009 12:18 PM

On Sun, 14 Jun 2009 12:27:23 -0400, "J. Clarke" <[email protected]>
wrote:

>
>You and Obama and your "compulsory insurance". So now you are putting
>people who are already having to choose between paying the rent and buying
>food in the position of having to pay for insurance or be punished by the
>government. Sorry, but you and Obama are really out of touch with the
>notion of "poor".


Obama..the fellow that wears $540 tennis shoes when he does a publicity
stunt to "help the poor"


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:52 AM


<[email protected]> wrote in message
news:d5266ddc-c0d0-4edb-bb27-848ffa300167@g19g2000yql.googlegroups.com...
On Jun 12, 10:40 pm, "Ed Huntress" <[email protected]> wrote:
>
> I mentioned that the separate accounting for SS is helpful to tell where
> it
> stands, and from the data it's clear that the funds designated for SS
> (FICA
> payroll taxes) are more than enough to pay for SS through 2017:
>
> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the PDF,
> or "CRS-6" of the document)
>
> So Social Security isn't adding to the deficit.
>

> Just remember that the big chunk represented by SS is totally funded by
> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
> revenues. Pretty much everything else comes out of general revenues. That
> "everything else," plus 41% or so of Medicare, are the sources of deficit
> spending.
>
> In other words, aside from SS and 60% or so of Medicare, most other
> statutory entitlement expenditures are *not* coming from designated
> revenue
> sources. They are, in fact, major sources of deficit spending. So is
> defense
> and the non-budget expenditures for the war in Iraq, Homeland Security,
> and
> all of the discretionary spending items.
>
> The pie charts are real eye-openers for most people. Just remember about
> the
> dedicated funding for SS and 60% of Medicare. The total amounts spent on
> them show up in the pie charts, but they aren't coming out of general
> revenues.
>
> --
> Ed Huntress
>

>And that is the way it is now. But the scary part is in a relatively
>few years ( 2017 -2009 = 8 short years ) there will no longer be any
>extra dedicated revenue from SS to go into the general revenue fund.

There's really nothing scary about that, Dan. The margins will be small at
first. Either the economy will be perking along by then, or it won't matter,
because we won't have a pot to pee in, anyway.

>And Medicare revenue will be less that 60 % of Medicare costs. So
>taxes will have to go up or the deficit spending rate go up, or Social
>Security benefits and Medicare benefits will have to come down.

Medicare is unlikely to exist in its present form by then. More likely we'll
have a unified health care system, and our taxes will be more like those of
Europe. As much as I dislike the idea, a VAT looks very likely.

>Obama's plan on having those making over 250 K$ pay more in SSBN, is
>not going to be near enough. Unless we have massive inflation so that
>most everyone working is making over 250K$.

We're in for some changes, all right, and it won't matter who is in the
White House. We're running out of time to run the country on self-delusions.

>And while inflation is manageable for those working, it really affects
>some. We got a letter today from an old friend. " I can no longer
>afford the house I presently own. The economy has ( something
>illegible ) its upward inflated prices. I must sell my own home and
>rent................"

Yeah, that's happened to a few people around here, especially because we had
no decline in housing prices in my town. They've kept going up, right
through the housing crisis.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 6:27 AM


"Calif Bill" <[email protected]> wrote in message
news:[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>
>> <snip>
>>
>>> <Butts In To Ask A Really Dumb Question>
>>>
>>> OK, here's what I don't understand. If SS is paid out of
>>> current revenues - indeed *all* statutory entitlement
>>> commitments are, if I understand your explanations - then
>>> just *what* is responsible for our national debt? Debt
>>> is only possible if we're spending more than we're collecting
>>> as a nation. No amount of accounting gymnastics changes
>>> this. Since statutory entitlements comprise well over half
>>> the annual budget, the rest primarily being Defense, servicing
>>> the debt and administration (what we in the Real World call
>>> "SG & A"), are you arguing that the debt is entirely a
>>> consequence of these latter three? 'Seems unlikely to me.
>>>
>>> Inquiring minds wanna know...
>>
>> As convoluted as this thing is, there are no dumb questions.
>>
>> I mentioned that the separate accounting for SS is helpful to tell where
>> it stands, and from the data it's clear that the funds designated for SS
>> (FICA payroll taxes) are more than enough to pay for SS through 2017:
>>
>> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the
>> PDF, or "CRS-6" of the document)
>>
>> So Social Security isn't adding to the deficit.
>>
>> Medicare is more complicated; parts A, B, and D each are funded
>> differently. As of a few years ago, total Medicare was funded 41% by
>> general revenues, and most of the rest through payroll taxes and other
>> designated funds. Total Medicare revenue in 2005 was around $440 billion,
>> so 41% of that could be counted as contributing to the deficit.
>>
>> There are many other "trust funds" that have designated sources of
>> revenue, but many of those actually are just designated portions of
>> general revenues.
>>
>> So you can see what we're spending money on by looking at any of the pie
>> charts and other graphs online. Here's one for FY 2008:
>>
>> http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
>>
>> Just remember that the big chunk represented by SS is totally funded by
>> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
>> revenues. Pretty much everything else comes out of general revenues. That
>> "everything else," plus 41% or so of Medicare, are the sources of deficit
>> spending.
>>
>> In other words, aside from SS and 60% or so of Medicare, most other
>> statutory entitlement expenditures are *not* coming from designated
>> revenue sources. They are, in fact, major sources of deficit spending. So
>> is defense and the non-budget expenditures for the war in Iraq, Homeland
>> Security, and all of the discretionary spending items.
>>
>> The pie charts are real eye-openers for most people. Just remember about
>> the dedicated funding for SS and 60% of Medicare. The total amounts spent
>> on them show up in the pie charts, but they aren't coming out of general
>> revenues.
>>
>> --
>> Ed Huntress
>>
>
> I used to think you had a handle on finances. Not anymore. The reason we
> are not running deficits at the present time for SS is there is a surplus
> of funds entering the system Those surplus funds are being spent in the
> general fund.

That's always been the way SS is run, from the 1930s on. Some people seem to
have just noticed within the past few years. <g>

As for not running deficits at the present time because there is a surplus
of funds entering the system...duh, yeah, that's what happens when more is
coming in than going out.

> Hiding even more deficit spending.

It's not being hidden from anyone who looks. It is being hidden to people
who don't look. But they couldn't find their butts without a night light to
begin with. They always think they're being tricked, because they keep
tricking themselves, and they're too lazy to look.

> Interagency government borrowing does not show up in the National Debt
> column.

To clarify things, you're using the traditional definition of "national
debt," which is public debt. And that's quite true. Intragovernmental debt
is not part of what the government owes to those outside of government, so
it doesn't show up as public debt. But that's axiomatic.

> But that money is owed.

To...ourselves. <g>

> And will have to be paid back by higher taxes on workers.

That depends on how the economy stands at the time it comes due.

> Guesstimate in 2017. Maybe on the high side with the economy in the tank.
> The war in Iraq is not a source of Deficit Spending. It is a government
> expense just like the salaries of the Congress. Deficit spending is
> because we keep having more federal expenses than revenue.

Duh...maybe you could explain the difference. ALL government spending from
general revenue is a source of deficit spending, when you aren't taking in
enough revenue to cover it. That's what happens when you cut taxes without
cutting expenses.

Off-budget items like the war in Iraq are especially egregious in that
regard, because nobody even *tried* to cover it with revenue. Bush just said
"keep shopping and don't worry."

> We have a Congress and President that shows no fiscal restraint.

So was Reagan. So was Bush II. And they didn't even have a real reason for
it. You deficit-spend when the economy is tanking. That's mainstream
economics. You don't deficit-spend when the GDP is going up. That's lunacy.
And Reagan's budget director, David Stockman, said as much a few years
later.

I always like this Stockman quote about the period: "Do you realize the
greed that came to the forefront? The hogs were really feeding. The greed
level, the level of opportunism, just got out of control. [The
Administration's] basic strategy was to match or exceed the Democrats, and
we did."

> Not just this present administration, but all back to IKE at least. SS is
> funded with dedicated revenue? Only until there are more money to those
> collecting than from those paying in.

Exactly. You do get it, after all. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 8:37 PM


"Calif Bill" <[email protected]> wrote in message
news:[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Calif Bill" <[email protected]> wrote in message
>> news:[email protected]...
>>>
>>> "Ed Huntress" <[email protected]> wrote in message
>>> news:[email protected]...
>>>>
>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>
>>>> <snip>
>>>>
>>>>> <Butts In To Ask A Really Dumb Question>
>>>>>
>>>>> OK, here's what I don't understand. If SS is paid out of
>>>>> current revenues - indeed *all* statutory entitlement
>>>>> commitments are, if I understand your explanations - then
>>>>> just *what* is responsible for our national debt? Debt
>>>>> is only possible if we're spending more than we're collecting
>>>>> as a nation. No amount of accounting gymnastics changes
>>>>> this. Since statutory entitlements comprise well over half
>>>>> the annual budget, the rest primarily being Defense, servicing
>>>>> the debt and administration (what we in the Real World call
>>>>> "SG & A"), are you arguing that the debt is entirely a
>>>>> consequence of these latter three? 'Seems unlikely to me.
>>>>>
>>>>> Inquiring minds wanna know...
>>>>
>>>> As convoluted as this thing is, there are no dumb questions.
>>>>
>>>> I mentioned that the separate accounting for SS is helpful to tell
>>>> where it stands, and from the data it's clear that the funds designated
>>>> for SS (FICA payroll taxes) are more than enough to pay for SS through
>>>> 2017:
>>>>
>>>> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the
>>>> PDF, or "CRS-6" of the document)
>>>>
>>>> So Social Security isn't adding to the deficit.
>>>>
>>>> Medicare is more complicated; parts A, B, and D each are funded
>>>> differently. As of a few years ago, total Medicare was funded 41% by
>>>> general revenues, and most of the rest through payroll taxes and other
>>>> designated funds. Total Medicare revenue in 2005 was around $440
>>>> billion, so 41% of that could be counted as contributing to the
>>>> deficit.
>>>>
>>>> There are many other "trust funds" that have designated sources of
>>>> revenue, but many of those actually are just designated portions of
>>>> general revenues.
>>>>
>>>> So you can see what we're spending money on by looking at any of the
>>>> pie charts and other graphs online. Here's one for FY 2008:
>>>>
>>>> http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
>>>>
>>>> Just remember that the big chunk represented by SS is totally funded by
>>>> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
>>>> revenues. Pretty much everything else comes out of general revenues.
>>>> That "everything else," plus 41% or so of Medicare, are the sources of
>>>> deficit spending.
>>>>
>>>> In other words, aside from SS and 60% or so of Medicare, most other
>>>> statutory entitlement expenditures are *not* coming from designated
>>>> revenue sources. They are, in fact, major sources of deficit spending.
>>>> So is defense and the non-budget expenditures for the war in Iraq,
>>>> Homeland Security, and all of the discretionary spending items.
>>>>
>>>> The pie charts are real eye-openers for most people. Just remember
>>>> about the dedicated funding for SS and 60% of Medicare. The total
>>>> amounts spent on them show up in the pie charts, but they aren't coming
>>>> out of general revenues.
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>
>>> I used to think you had a handle on finances. Not anymore. The reason
>>> we are not running deficits at the present time for SS is there is a
>>> surplus of funds entering the system Those surplus funds are being
>>> spent in the general fund.
>>
>> That's always been the way SS is run, from the 1930s on. Some people seem
>> to have just noticed within the past few years. <g>
>>
>> As for not running deficits at the present time because there is a
>> surplus of funds entering the system...duh, yeah, that's what happens
>> when more is coming in than going out.
>>
>>> Hiding even more deficit spending.
>>
>> It's not being hidden from anyone who looks. It is being hidden to people
>> who don't look. But they couldn't find their butts without a night light
>> to begin with. They always think they're being tricked, because they keep
>> tricking themselves, and they're too lazy to look.
>>
>>> Interagency government borrowing does not show up in the National Debt
>>> column.
>>
>> To clarify things, you're using the traditional definition of "national
>> debt," which is public debt. And that's quite true. Intragovernmental
>> debt is not part of what the government owes to those outside of
>> government, so it doesn't show up as public debt. But that's axiomatic.
>>
>>> But that money is owed.
>>
>> To...ourselves. <g>
>>
>>> And will have to be paid back by higher taxes on workers.
>>
>> That depends on how the economy stands at the time it comes due.
>>
>>> Guesstimate in 2017. Maybe on the high side with the economy in the
>>> tank. The war in Iraq is not a source of Deficit Spending. It is a
>>> government expense just like the salaries of the Congress. Deficit
>>> spending is because we keep having more federal expenses than revenue.
>>
>> Duh...maybe you could explain the difference. ALL government spending
>> from general revenue is a source of deficit spending, when you aren't
>> taking in enough revenue to cover it. That's what happens when you cut
>> taxes without cutting expenses.
>>
>> Off-budget items like the war in Iraq are especially egregious in that
>> regard, because nobody even *tried* to cover it with revenue. Bush just
>> said "keep shopping and don't worry."
>>
>>> We have a Congress and President that shows no fiscal restraint.
>>
>> So was Reagan. So was Bush II. And they didn't even have a real reason
>> for it. You deficit-spend when the economy is tanking. That's mainstream
>> economics. You don't deficit-spend when the GDP is going up. That's
>> lunacy. And Reagan's budget director, David Stockman, said as much a few
>> years later.
>>
>> I always like this Stockman quote about the period: "Do you realize the
>> greed that came to the forefront? The hogs were really feeding. The greed
>> level, the level of opportunism, just got out of control. [The
>> Administration's] basic strategy was to match or exceed the Democrats,
>> and we did."
>>
>>> Not just this present administration, but all back to IKE at least. SS
>>> is funded with dedicated revenue? Only until there are more money to
>>> those collecting than from those paying in.
>>
>> Exactly. You do get it, after all. d8-)
>>
>> --
>> Ed Huntress
>>
>
> It is still debt! Whether we owe it to the foreign borrowers as T bills,
> or as money borrowed from some other "Trust Fund" at another government
> agency. Gas Tax, SS tax, etc. A private lawyer would go to jail for the
> abuse of trust funds the Feds do everyday. That money is still gone. And
> it has to come out of the tax payers pocket. VAT taxes just hide it
> better from the people.

<sigh> I give up. Bill, what about all of the unfunded, future obligations
of Social Security that *aren't* represented by Treasury notes? That's most
of the future obligation. Is it all "debt"?

If not, why not? If so, then we've lost all sense of what debt is. When you
owe it to yourself, or the government owes it to the government, or the
taxpayers owe it to the taxpayers, it's kind of a silly game. Today it's a
future obligation and doesn't add to the national debt; tomorrow it does.
It's all accounting, not an actual flow of money, or a change in an
obligation.

Except when you're doing the bookkeeping and analysis. That's the only
reality it has.

Believe what you want. The bonds neither increase nor decrease the future
obligation. And the accounting by which we keep track of it is purely
arbitrary, begun only in 1986 (give or take a year), when the political
decision was made to account for it that way. That's the important point.
Make of it what you will.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 10:58 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:

<snip>

>>
>> Believe what you want. The bonds neither increase nor decrease the future
>> obligation. And the accounting by which we keep track of it is purely
>> arbitrary, begun only in 1986 (give or take a year), when the political
>> decision was made to account for it that way. That's the important point.
>> Make of it what you will.
>
> They obviously do represent a future obligation, just as any other gov
> bond does.

But the obligation was already there. The bonds didn't add to it. They
didn't subtract from it.

> Why do you think all the hand wringing about when the "trust
> funds" are exhausted - no more obligation to collect taxes to pay off
> the bonds since there won't be any.

The hand wringing is about political deception for an ideological purpose.
That's all it is. That's all it ever was.

As for not paying off the bonds, it's Congress that determines what the
money will be used for, when the bonds are cashed in. The Social Security
system is a creature of legislation. Legislation will be adjusted as
necessary to keep the benefits rolling along, to the extent they can be.
That doesn't change whether there are bonds involved in the accounting, or
not.

Here's the description of those bonds, and the Trust Fund, by the
government's own OMB:

"These [Trust Fund] balances are available to finance future benefit
payments and other Trust Fund expenditures -- but only in a bookkeeping
sense. ... They do not consist of real economic assets that can be drawn
down in the future to fund benefits. Instead, they are claims on the
Treasury that, when redeemed, will have to be financed by raising taxes,
borrowing from the public, or reducing benefits or other expenditures. The
existence of large Trust Fund balances, therefore, does not, by itself, have
any impact on the Government's ability to pay benefits. (from FY 2000
Budget, Analytical Perspectives, p. 337)"

>
> Also, one thing that changed in the Tip O'neal/Bob Dole "saving" of SS
> in the '80's was the bonds became non-negotiable - meaning prior to that
> time SS could have sold 'em and bought peanut futures.

No, they never could. The original Act of 1935, and the substantial changes
enacted in 1939, require that all SS surplus be invested in securities with
a guarenteed principle value and a guarenteed rate of interest. In other
words, Treasury bonds. And the revenue from the sale of the bonds to SS goes
into the general fund, as it always has.

But the amount of the bonds was never large enough to be a big issue in the
budget until after 1985. So now the question of whether the national debt is
public debt, as it always has been, or should now include everything that's
in total federal debt (including the SS bonds) has raised this controversy.

> From FDR's start
> of SS, any surplus was mandated by law to be invested in gov bonds, but
> at that time they were negotiable bonds.

The only difference is that market forces determine negotiable bond value,
and the idea was to invest in securities with guarentees. Thus, the special,
non-negoiable bonds used for intragovernmental transactions.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 10:49 AM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> rangerssuck wrote:
>> On Jun 14, 6:36 pm, "Hawke" <[email protected]> wrote:
>>>>>>>>> What's irritating is that no matter how many times you show these
>>>>>>>>> numbers
>>>>>>>> to
>>>>>>>>> right wing guys it just doesn't sink in
>>>>>>>>> Hawke
>>>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>>>> problem is while it is easy to come up with those numbers, it is a
>>>>>>>> lot harder to know why. Correlation does not mean cause and
>>>>>>>> effect.
>>>>>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>>>>>> to eliminate all procedures which will only prolong someones life
>>>>>>>> by six months and also eliminate all procedures that do not have a
>>>>>>>> proven success record. If we had done this say thirty years ago,
>>>>>>>> we would not have any heart transplants , artificial heart valves,
>>>>>>>> etc.
>>>>>>>> Dan
>>>>>>> Until you have been involved in the decision whether to treat a
>>>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>>>> its course"), you don't know what you are talking about.
>>>>>> It isn't a question of treatment or not. The question is payment.
>>>>>> There isn't any reason a person shouldn't be able to buy insurance to
>>>>>> cover anything they need.
>>>>>> Their needs, and the needs of their families for emotional placation,
>>>>>> are not the needs of society.
>>>>>> JC
>>>>> If you think payment is the question, not treatment, then I have to
>>>>> ask payment for what? The cost of (let's say) a liver transplant for
>>>>> a patient who is going to die soon, whether or not the transplant
>>>>> occurs, is WAY more than the cost of palliative treatment. I have to
>>>>> ask what we are insuring against. A basic low(er) level of treatment
>>>>> costs, or the costs of treating everything. IMNSHO, a asic level of
>>>>> insurance (however defined) should be compulsory (yes, that bad word,
>>>>> and whether the employee or the employer pays is ultimately only
>>>>> semantics). On top of that a person should be allowed to insure
>>>>> against the costs of more complex events/procedures. Freedom of
>>>>> personal choice, etc., etc.
>>>>> Society needs some kind of insurance, and the current system is
>>>>> dysfunctional.
>>>> Government in the medical business is a permanent solution to a
>>>> temporary
>>>> problem. When I was a kid, when you got sick you went to the doctor
>>>> and
>>> he
>>>> did what he could and it didn't cost much. Now he can do a lot more
>>>> but
>>>> it's all cutting edge and the costs are horrendous. A hundred years
>>>> from
>>>> now when the technologies have matured and an NMR scanner is a child's
>>>> plaything that you get at Toys R Us for 50 bucks it's going to be back
>>>> to
>>>> where most people can pay for most medical issues out of pocket without
>>>> it
>>>> hurting particularly.
>>>> But if we get government involved now then government will still be
>>> involved
>>>> then.
>>> So would you rather have the government be involved in health care or
>>> just
>>> leave it in the hands of people like used car salesmen? There are
>>> private
>>> alternatives that are worse than the government. How about having Bernie
>>> Madoff handling your health care or the management of AIG? Think they
>>> would
>>> be better than the government? I don't. The greed of businessmen is what
>>> makes them unacceptable for making decisions on people's health care.
>>> You
>>> need people that aren't going to profit from your health problems making
>>> the
>>> decisions. Hopefully, medical professionals without a financial interest
>>> would decide what you need.
>>>
>>> Hawke
>>
>> Here's another angle:
>>
>> I pay over $10,000 per year for health insurance. A significant
>> portion of that bill is for prescription drugs. So why the fuck is it
>> that for the two generic prescriptions I fill each month, it's cheaper
>> to pay the drug store directly than to pay the copays from the
>> insurance company?
>>
>> Last week, I noticed a sign at my supermarket saying that their
>> pharmacy would fill antibiotic prescriptions for FREE, and many others
>> for $3.95.
>>
>> My point is that there MUST be a less expensive way to do this.
>
> There is - get the government out of healthcare entirely and watch
> competition drive prices down.

There is no real competition in the health care insurance industry, except
for the management of large corporate accounts. Large corporations are not
actually insured by insurance companies; they're self-insured, with the big
insurance companies managing the account for a fee. Corporations have the
best set of incentives to drive health care effectively and efficiently but
it isn't like buying iron ore or accounting services for them, and they,
too, are limited in how much they can shape the overall system.

> Prices are artificially high today
> precisely because the providers are guaranteed government payment
> for some part of the service or pharma vended.

How does that explain the fact that health care prices in Europe run around
1/2 - 2/3 of ours, even where the government guarantees *all* of the payment
there?

Medicare pays only about 80% of what private insurance pays; Medicaid pays
even less. The price standards are set by private managed-care insurers, not
by the government. If it was government-pay only, prices would be at least
20% less just by that fact alone. And corporate benefits managers in Fortune
500 companies are the ones who are determining the managed-care rates.

> The current system
> is an unholy mess that tries to retain the benefits of competitive
> market-based medicine while inserting government control into the
> system. This is no more possible than being kind of pregnant.

For the past six years, Big Pharma companies have been my clients, and
private insurers have been my clients' customers (and my audience). You're
quite right that it's an unholy mess, but the reason is a complete
misalignment of incentives.

The incentives to cut costs in the business as a whole are weak. The
stronger incentives are to give at least the impression of relatively
superior care, and, for doctors and hospitals, to justify the use of as many
billable services as possible. For all of the providers, there is a strong
incentive to avoid liability, even at high costs. As any good market theory
will tell us, that's a prescription for prices that are rising faster than
inflation.

There are exceptional hospitals and many physicians who go against the
grain, providing superior care at a much lower-than-average cost. Geisinger
Medical Center in Pennsylvania is an often-cited example; there are others.
They have superior management that bucks the industry trends and habits. But
you can't run a nationwide health care system for 300 million people relying
on superior management. There aren't enough such managers in existence.

You can, however, get much better results by aligning incentives properly so
that all health care management is driven toward a goal of providing better
care for less money. That won't happen as long as the system is mostly
private, because the financial incentives for health care insurers, for
example, are to deny coverage as much as possible; to pay providers as
little as possible; and to exploit the vast statistical and actuarial
complications of health care, along with an advertising and promotion
program in an effective cost benefit ratio, to give the impression of better
service while actually providing as little as they can get away with.
Financial incentives for other providers in the system are similarly twisted
and perverted, although the case is most obvious on the insurance side.

That's not to say health care providers are so cynical that they're driven
only by money, or that they'll always grab the opportunity to deceive. I
worked in that industry long enough to know better. But if financial
incentives are pulling one way and ethical incentives are pulling in a
different way, ethical considerations are going to lose some, if not most,
of the battles. In the end, profit is the most demanding incentive, and the
ways to achieve it are mostly counter-productive to the goal of better and
more cost-efficient care. As the system is structured now, there is no
benefit to coming up with a solution that's 95% as good, but at half the
price. Only killing 5 people out of 100 is not a good advertising slogan in
the health care business.

Whether the system is mostly private or mostly government-run matters much
less than how well the incentives can be aligned with the goals of producing
the best service at the lowest cost. Unlike most industries, health care is
inherently resistant to the benefits of competition, for the reasons I cited
above. It isn't that competition and beneficial incentive structures are
impossible; it's just that no one has figured out how to accomplish them.
You don't go shopping for the best deal when you've just had a heart attack
and they're opening you up. And you don't start searching the Internet for
discount coupons when your child has a fever of 105.

--
Ed Huntress

pf

pyotr filipivich

in reply to "Ed Huntress" on 15/06/2009 10:49 AM

16/06/2009 11:20 PM

Let the Record show that Gunner Asch <[email protected]> on
or about Tue, 16 Jun 2009 19:28:34 -0700 did write/type or cause to
appear in rec.crafts.metalworking the following:
>
> Why does
>>almost the entire right get their panties in a knot because
>>Bruce and Sean want to call what they do "marriage"?
>Who?
>To guys? 80% of the voting block, both right and left are against gay
>"marraige"
>
>Frankly..I could care less. If Bruce wants to marry a sheep, let him.

If Bruce wants to consider a sheep his "bride" - well, weirder
things have been done.
But if Bruce wants the law changed to require everyone else to
consider his definition of Animal Husbandry with a sheep to be a real
marriage, that is where I draw the line.

OTOH, we can always redefine "human life" to something more
compatible with our ideology, and then not have to worry about aiding
non-human entities into a post-viable condition.
>
-
pyotr filipivich
We will drink no whiskey before its nine.
It's eight fifty eight. Close enough!

rr

rangerssuck

in reply to "Ed Huntress" on 15/06/2009 10:49 AM

17/06/2009 4:20 AM

On Jun 16, 10:28=A0pm, Gunner Asch <[email protected]> wrote:
> On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
>
> <[email protected]> wrote:
> >On Jun 16, 5:53=A0pm, Gunner Asch <[email protected]> wrote:
>
> >> Please note that its very few conservatives that give a shit about how
> >> you live your life..your sexuality etc. =A0They are known as the Relig=
ious
> >> Right. =A0A rather small percentange of the total.
> >> Im Buddhist.
>
> >No you're not.
>
> Cites?
>

You can call yourself whatever you want. It doesn't make it true, Your
behavior in this newsgroup is so diametrically opposed to Buddhist
teachings as to be laughable, And no, I won't continue this
conversation.

GA

Gunner Asch

in reply to "Ed Huntress" on 15/06/2009 10:49 AM

16/06/2009 7:28 PM

On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
<[email protected]> wrote:

>On Jun 16, 5:53 pm, Gunner Asch <[email protected]> wrote:
>
>> Please note that its very few conservatives that give a shit about how
>> you live your life..your sexuality etc.  They are known as the Religious
>> Right.  A rather small percentange of the total.
>> Im Buddhist.
>
>No you're not.

Cites?

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 3:38 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
> <SNIP>
>
>> There is no real competition in the health care insurance industry,
>> except
>> for the management of large corporate accounts. Large corporations are
>> not
>> actually insured by insurance companies; they're self-insured, with the
>> big
>> insurance companies managing the account for a fee. Corporations have the
>> best set of incentives to drive health care effectively and efficiently
>> but
>> it isn't like buying iron ore or accounting services for them, and they,
>> too, are limited in how much they can shape the overall system.
>
> Nonsense. Take a look at what is going on in places like Wal-Mart
> and other large chain clinics that are operating on a no-insurance
> basis (at least some of them are) and compare their prices to the
> costs assessed in traditional government-supported care facilities.
> It's not even close. Take a look at what happens to pharma prices
> when the regulatory bozos get out of the way and let people
> order their meds over the internet.

Nonsense back at you. <g> If you select a few treatments, drugs, and tests
that you're going to supply to the exclusion of all others, and don't have
to carry the full overhead of a regular medical facility, you can make them
as cheap as you want to. It all depends on what you're going to do.

As for letting the regulatory bozos get out of the way, Wal-Mart's clinics
are fully government regulated, and they are in most, if not all cases,
co-sponsored by local hospitals. If someone shows up with something more
serious they send them on to the hospital:

http://walmartstores.com/FactsNews/NewsRoom/6419.aspx

Wal-Mart's initiative is a good one, but it's a part of the existing
system -- licensing, regulation, and so on. They're regulated the same as
any other pharmacy or treatment facility. They just concentrate on the least
expensive kinds of work. As for high pharma prices, they're the result of
the US having the world's only major drug market with no price regulation.
When you buy patented drugs or generics, you're paying the free-market price
for either one. The high prices are not the result of regulation; they're
the result of LACK of regulation. Just look at what the same drugs cost in
other countries, where prices are regulated to beat hell.

>>
>>> Prices are artificially high today
>>> precisely because the providers are guaranteed government payment
>>> for some part of the service or pharma vended.
>>
>> How does that explain the fact that health care prices in Europe run
>> around
>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
>> payment
>> there?
>
> Now compare the depth, completeness, and speed of care here and there.
> Care can cost more in the U.S. because everyone wants - and mostly gets -
> instant, very high quality care on-demand. This is decidedly not the
> case in the socialized systems with which I am most familiar (Canada and
> the UK leap to mind). Also, those European "prices" often to not
> fairly reflect the actual tax burden associated with them. Something
> can only be "cheap" or "free" in that world if someone is propping it
> up with Other People's Money.

There have been endless studies that show that simply isn't true. Those are
mostly myths. Of course European costs are paid with taxes. But the
accounting for costs has been done by the best professionals in the field.

>
>>
>> Medicare pays only about 80% of what private insurance pays; Medicaid
>> pays
>> even less. The price standards are set by private managed-care insurers,
>> not
>> by the government. If it was government-pay only, prices would be at
>> least
>> 20% less just by that fact alone. And corporate benefits managers in
>> Fortune
>> 500 companies are the ones who are determining the managed-care rates.
>
> No they wouldn't - the *apparent* price would fall because - like I said -
> the collectivists never want to express the real cost of burdensome
> taxation,
> government bureaucracy, and picking up the tab for the various kinds
> of self-inflicted wounds so popular among today's professional victims.
> You're an economist (or very well educated therein). You should know this
> better than anyone: Price is a measure of scarcity that directs
> resources.
> Without a fair and transparent market, price/scarcity cannot be
> ascertained.
> When government is in charge, it artificially decides what is- and is not
> scarce and who should get what. This is inefficient, expensive, and
> ultimately
> ineffective, at least by comparison to the alternatives.

<ho!> Economics is one of my two lifelong academic hobbies, the other being
constitutional law, although I did study it some in college. My son is a
senior economics major and math minor, and he's already disgusted with my
inability to follow the econometric models he works with. I don't do
third-semester calculus or linear algebra. <g>

I'm a writer and editor. Before I went freelance again, I spent five years
in medical editing, winding up as Senior Medical Editor in the managed care
(HMOs, PPOs, Medicare) division of a medical communications company. That
was a full-body immersion in the economics of health care, and I worked with
some top experts in medical economics.

As for competition in the field, of course it would be the best way to
handle it and is always to be preferred, IMO, if the pieces align to produce
the benefits we all associate with real competition. But, as I said,
competition is pretty much an illusion in health care. We're the only
developed country with no price regulation on drugs -- it's a free-market
free-for-all. And we have the highest drug prices in the world, by far. It
seems that people will pay anything they can to prolong their lives. That's
why Europe has lost so much of their pharma infrastructure to the US; this
is where the real money is. Within 25 miles of my house, our clients
included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too many
others to list.

>
> <SNIP>
>
>> You can, however, get much better results by aligning incentives properly
>> so
>> that all health care management is driven toward a goal of providing
>> better
>> care for less money. That won't happen as long as the system is mostly
>> private, because the financial incentives for health care insurers, for
>> example, are to deny coverage as much as possible; to pay providers as
>> little as possible; and to exploit the vast statistical and actuarial
>> complications of health care, along with an advertising and promotion
>> program in an effective cost benefit ratio, to give the impression of
>> better
>> service while actually providing as little as they can get away with.
>> Financial incentives for other providers in the system are similarly
>> twisted
>> and perverted, although the case is most obvious on the insurance side.
>
> IOW, the only way to fix the incentives is by the point of the
> government's
> gun. You want to replace voluntary private sector commercial arrangements
> with the coercive power of an institution than can't run the DMV properly,
> can't manage to appoint a cabinet full of people that have all paid their
> own taxes, can't manage to balance a budget, and mostly works like a
> large scale version of villagers with torches. Wonderful.

I'd disagree with your characterization of government. If you want to see a
screw-up, you should see the way Sanofi handled the last drug I worked on,
spending $110 million on pre-approval marketing alone, and then having the
drug fail FDA approval -- for a good reason that S-A should have known going
in.


>>
>> That's not to say health care providers are so cynical that they're
>> driven
>> only by money, or that they'll always grab the opportunity to deceive. I
>> worked in that industry long enough to know better. But if financial
>> incentives are pulling one way and ethical incentives are pulling in a
>> different way, ethical considerations are going to lose some, if not
>> most,
>> of the battles. In the end, profit is the most demanding incentive, and
>> the
>> ways to achieve it are mostly counter-productive to the goal of better
>> and
>> more cost-efficient care. As the system is structured now, there is no
>> benefit to coming up with a solution that's 95% as good, but at half the
>> price. Only killing 5 people out of 100 is not a good advertising slogan
>> in
>> the health care business.
>
> Again, you fail to make the comparison with the alternative. The
> government has *no* respect for ethics - only power. The government
> innately works for the "group not the individual - I can think of
> no more terrifying place to apply this than healthcare: "Since, on
> average,
> people your age don't get strokes, we're not obligated to do much about
> yours." The government operates by compromise not principle and it will
> always be worse, therefore, than the most debauched profit-motivated
> private sector actor (except those that act fraudulently).

The relative success of other countries' systems suggests that is so much
bunk. I worked in the health care industry. I have no faith in its structure
of motivations, incentives, or results, taken as a whole. The system, as it
really works, doesn't give a damn about you -- unless you have a lot of
money, in which case you're all set.

>
>>
>> Whether the system is mostly private or mostly government-run matters
>> much
>> less than how well the incentives can be aligned with the goals of
>> producing
>> the best service at the lowest cost. Unlike most industries, health care
>> is
>> inherently resistant to the benefits of competition, for the reasons I
>> cited
>> above. It isn't that competition and beneficial incentive structures are
>> impossible; it's just that no one has figured out how to accomplish them.
>
> Wal-Mart has. Some of my local drugstore chains have.

Right. For flu shots and blood pressure testing, and to dispense cheap,
50-year-old drugs whose patents have long expired.

> The freestanding
> "quicky clinic" on the corner has. The real problem here in IL is that
> the liability laws are insane and are driving medical practitioners out of
> the state. When a newly minted Ob/Gyn has to pay upwards of a half
> million
> dollars (give or take) per year for liability insurance, it's hard to
> keep those folks in state.

That's the free market for you. Nobody is regulating tort lawyers. It's a
free-enterprise system, with a democratic selection of juries. d8-)

Now, if the quicky clinic was so bold as to get into the riskier aspects of
medicine, they wouldn't be so cheap. But ask for an arterial stent and
they'll send you away.

--
Ed Huntress

pf

pyotr filipivich

in reply to "Ed Huntress" on 15/06/2009 3:38 PM

17/06/2009 8:30 PM

Let the Record show that Gunner Asch <[email protected]> on
or about Wed, 17 Jun 2009 00:34:35 -0700 did write/type or cause to
appear in rec.crafts.metalworking the following:
>
>>>To guys? 80% of the voting block, both right and left are against gay
>>>"marraige"
>>>
>>>Frankly..I could care less. If Bruce wants to marry a sheep, let him.
>>
>> If Bruce wants to consider a sheep his "bride" - well, weirder
>>things have been done.
>> But if Bruce wants the law changed to require everyone else to
>>consider his definition of Animal Husbandry with a sheep to be a real
>>marriage, that is where I draw the line.
>>
>> OTOH, we can always redefine "human life" to something more
>>compatible with our ideology, and then not have to worry about aiding
>>non-human entities into a post-viable condition.
>>>
>>-
>>pyotr filipivich
>>We will drink no whiskey before its nine.
>>It's eight fifty eight. Close enough!
>
>
>True enough. Could we call Bruce and Bob, or Bruce and Daisy....an
>Alternative Marraige?...or do they simply remain a couple fags or a
>sheep fucker?
>
>Inquiring minds want to know!!!

Okay, that confirms that I am not possessing of an "inquiring
mind."
Marriage is one man, and one woman. I do recognize that in some
cultures, it is permissible for a man to do that multiple times (that
is to say, he may have several wives, but he marries each one
individually, and his other wives do not marry each other.)
That's the ideal: one man, one woman, till death do they part. The
fact that some can't forfill that, doesn't change the worth of the
institution. "Abuse does not define the use."

And to be frank, I disapprove when Jack and Jill shack up, as when
Adam and Steve do. It has as much to do with self-control as it does
with cultural mores. It may also have something with my being told
"You have to have a reason Peter, You are a human being. Animals act
on their feelings, people have reasons." in the fifth grade.

But that's another rant for another day.
-
pyotr filipivich
"With Age comes Wisdom. Although more often, Age travels alone."

GA

Gunner Asch

in reply to "Ed Huntress" on 15/06/2009 3:38 PM

17/06/2009 12:36 AM

On Tue, 16 Jun 2009 23:20:10 -0700, pyotr filipivich
<[email protected]> wrote:

>Let the Record show that Gunner Asch <[email protected]> on
>or about Tue, 16 Jun 2009 19:28:47 -0700 did write/type or cause to
>appear in rec.crafts.metalworking the following:
>>On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
>><[email protected]> wrote:
>>
>>>On Jun 16, 5:53 pm, Gunner Asch <[email protected]> wrote:
>>>
>>>> Please note that its very few conservatives that give a shit about how
>>>> you live your life..your sexuality etc.  They are known as the Religious
>>>> Right.  A rather small percentange of the total.
>>>> Im Buddhist.
>>>
>>>No you're not.
>>
>>Cites?
>
> He doesn't need cites, he's a Real Liberal. Cites are for those
>who are stuck in a patriarchal linear mode of thinking.
>-

Ah! I zee! Most interestink, ya...very good indeedee!


>pyotr filipivich
>We will drink no whiskey before its nine.
>It's eight fifty eight. Close enough!

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 8:31 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>> <SNIP>
>>>
>>>> There is no real competition in the health care insurance industry,
>>>> except
>>>> for the management of large corporate accounts. Large corporations are
>>>> not
>>>> actually insured by insurance companies; they're self-insured, with the
>>>> big
>>>> insurance companies managing the account for a fee. Corporations have
>>>> the
>>>> best set of incentives to drive health care effectively and efficiently
>>>> but
>>>> it isn't like buying iron ore or accounting services for them, and
>>>> they,
>>>> too, are limited in how much they can shape the overall system.
>>> Nonsense. Take a look at what is going on in places like Wal-Mart
>>> and other large chain clinics that are operating on a no-insurance
>>> basis (at least some of them are) and compare their prices to the
>>> costs assessed in traditional government-supported care facilities.
>>> It's not even close. Take a look at what happens to pharma prices
>>> when the regulatory bozos get out of the way and let people
>>> order their meds over the internet.
>>
>> Nonsense back at you. <g> If you select a few treatments, drugs, and
>> tests
>
> :)
>
>> that you're going to supply to the exclusion of all others, and don't
>> have
>> to carry the full overhead of a regular medical facility, you can make
>> them
>> as cheap as you want to. It all depends on what you're going to do.
>
> That's right. Just like all markets, some actors are specialists, some
> are generalists, some make money at volume, some make money in boutique
> niches. That's what *markets* produce and government never will:
> Self directed efficiencies.
>
>>
>> As for letting the regulatory bozos get out of the way, Wal-Mart's
>> clinics
>> are fully government regulated, and they are in most, if not all cases,
>> co-sponsored by local hospitals. If someone shows up with something more
>> serious they send them on to the hospital:
>>
>> http://walmartstores.com/FactsNews/NewsRoom/6419.aspx
>
>>
>> Wal-Mart's initiative is a good one, but it's a part of the existing
>> system -- licensing, regulation, and so on. They're regulated the same as
>> any other pharmacy or treatment facility. They just concentrate on the
>> least
>> expensive kinds of work. As for high pharma prices, they're the result of
>> the US having the world's only major drug market with no price
>> regulation.
>> When you buy patented drugs or generics, you're paying the free-market
>> price
>> for either one. The high prices are not the result of regulation; they're
>> the result of LACK of regulation. Just look at what the same drugs cost
>> in
>> other countries, where prices are regulated to beat hell.
>
> Uh ... that was a nice dance, but not convincing. The "regulation"
> to which I was referring was that which prevents U.S. citizens from
> freely seeking the lowest cost pharma over, say, the internet, whether
> or not it is a U.S. source. The "regulation" to which you refer is
> the distortion of price created when the force of government
> is used to keep prices artificially low. This has all kinds of
> secondary consequences as you well know - it is not a free lunch.
> In an open market with all players operating honestly, competition
> over the long pull will drive prices down, not up. The only reason
> some drugs cost so much today (or at least one of them) is that
> the manufacturer is amortizing their R&D costs over the relatively
> short period of time that they have exclusive control of the drug
> they paid to invent (i.e., Before it goes generic.)

Before we go off on a tangent, let me see if we understand each other about
how the pharma business works.

Here's a typical new drug, called a "small molecule" drug to differentiate
it from biological drugs, such as human insulin (which really is produced by
genetically modified e. coli bacteria): The basic research is done in a
university research lab -- with a lot of taxpayer money. If they come up
with something, they license it to a Big Pharma company. (The university
doesn't give the taxpayer money back no matter how much they collect on the
license fees. This is what keeps university hospitals and research centers
afloat these days, since much of the federal money has dried up.)

The "drug" that the lab licensed is really just a chemical at that point,
not a drug. It probably would kill you in the form they produce it, but not
always. The Big Pharma company puts the chemical into their own development
lab, modifies it, and develops it up to the point where it's ready for human
trials. This is all Big Pharma's money -- a lot of it. If the drug has been
sufficiently modified that it justifies a patent different from the one the
university has on the drug, they patent the drug at this point. The patent
clock is now ticking, if it hasn't been from the day they got their hands on
it. I forget how many drugs make it this far but it's on the order of one in
ten.

Then the drug goes into clinical trials. This is where the really big money
goes, typically tens or even hundreds of millions. Teams of overpaid
staffers are doing all sorts of things at this point, not the least of which
is trying to figure out how hard a time they're going to get from the FDA.
The latter has given some hint of what they want to see because they had to
approve the human trials. Many people -- starting with dozens, and sometimes
running up to tens of thousands -- are taking the drug before the clinical
trials are completed.

Then the FDA looks over the results and decides whether, and on what terms,
they'll approve the drug. The Big Pharma company has already placed its
bets, often putting tens of millions into pre-approval marketing before they
know for sure if the drug will be approved. Most drugs that have gotten this
far will be approved. But three to ten years of the patent's life have been
eaten up getting here.

Then the drug goes on the market. More tens of millions go into marketing.
The price is set on the basis of expected returns over the remaining patent
life of the drug, and amortizing all of the research, marketing, trials, and
other expenses incurred up to this point. The drug may sell for a couple of
dollars per dose, or a couple of hundred.

If this is a drug with some rough edges, or if it's one with only a modest
benefit (like a fat drug), the FDA will require extensive post-marketing
trials and monitoring. This is where some drugs go in the tank. Something
that doesn't show up when a few thousand have taken it under very controlled
conditions may rear its head when hundreds of thousands or millions are
taking it in the wild. If too many people die or are crippled by the drug,
relative to the FDA's utilitarian calculus of its benefit, the drug is taken
off the market. Or, more likely, it will get a big black-box warning on the
package. Fat drugs and hair restorers don't get much slack. Cancer drugs for
late-stage terminal patients that save 20% of the people who take it, while
killing 5% of the remainder outright, are going to get a lot more slack.

Now, here's the interesting part to us US citizens: Our government doesn't
control the price, even when the government is paying (Medicare, especially
Part D), but every other government does. So it may cost 5 times as much or
even more in the US as it does in Canada, France, or Mexico. It's been said
that every other government is parasitic off of the US drug-development
system, but the EC did some studies that says we get most of the good pharma
jobs and those big research centers as a result, and we actually make out. I
doubt if we really make out in the end, but that's a side issue. Let's say
it satisfies our free-market doctrine and helps us keep the libertarians on
the reservation. We sure don't want to let them get into the FDA regulations
or we'll be dropping like flies. <g>

Yet, the pharma companies will claim they make a profit selling the drug in
Europe or South America at, typically, 1/3 the price they sell it for in the
US. Like the Social Security Trust Fund, it's all in the accounting. The
research and other upfront costs are written off against the US sales. The
rest of the world is charged with the manufacturing cost, distribution, and
sales costs to that country, and, often, that's it. If it's a rich country
with a little slack in their pricing there will be some fractional recovery
of upfront costs from that country, too. But the US is the big sugar daddy.
Even if the drug is developed in Switzerland, it's the US market where they
intend to recover the development costs, including the costs of all of those
drugs that didn't make it out of the research stage or the trials.

If you short-circuit this system by buying drugs "on the Internet" (read,
"from foreign sources or from black-marketeers in the US with a foreign
supply"), you're changing the game in mid-stream -- the game being the
patent life of the drug. And if it's made legal, that will pretty much kill
off the introduction of new drugs and crush the pharma industry, except for
the generics producers. That is, unless the government starts financing the
whole development process, and nobody wants to go there.

You may think that's OK. People who are waiting for new drugs to save their
lives may disagree. In any case, without the free market in the US and
protection from sales coming from overseas, that's the end of the drug
business, except for the drugs we already have.

I'm not being judgmental about this, only describing the reality. Are we on
track about how it all works? Competition is not the issue. Life or death of
new drug development is the issue.

>>
>>>>> Prices are artificially high today
>>>>> precisely because the providers are guaranteed government payment
>>>>> for some part of the service or pharma vended.
>>>> How does that explain the fact that health care prices in Europe run
>>>> around
>>>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
>>>> payment
>>>> there?
>>> Now compare the depth, completeness, and speed of care here and there.
>>> Care can cost more in the U.S. because everyone wants - and mostly
>>> gets -
>>> instant, very high quality care on-demand. This is decidedly not the
>>> case in the socialized systems with which I am most familiar (Canada and
>>> the UK leap to mind).

That doesn't explain why they get better outcomes overall. And they do. You
can find the studies on PubMed (PubMed Central, if you want to read the full
articles for free).

>>> Also, those European "prices" often to not
>>> fairly reflect the actual tax burden associated with them. Something
>>> can only be "cheap" or "free" in that world if someone is propping it
>>> up with Other People's Money.

I'd have to see your sources on that one. All indications are that the
accounting is accurate.

>>
>> There have been endless studies that show that simply isn't true. Those
>> are
>> mostly myths. Of course European costs are paid with taxes. But the
>> accounting for costs has been done by the best professionals in the
>> field.
>
> That doesn't give me a lot of confidence.

If you know better, you have a future in debunking a lot of very expensive
article research.

> Government accounting
> "professionals" managed to miss the Fannie/Freddie meltdown, the
> incorrectly rated CDO debacle, the naked shorting and all the rest we
> see today. Government always acts by coercion or the threat of same.
> It cannot help therefore but to distort price and therefore market
> dynamics. That's why I can buy a hammer for $25 that costs the Air
> Force $600.

I'll bet their hammer is a lot better than yours. <g> Those stories are
always cut short; I tracked down a few of them when I was an editor at
_American Machinist_. Those weren't researchers, they were fancy
quartermasters.

>
> As to the healthcare on average being inferior in socialized systems,
> I had extensive discussions on the matter with a number of my Canadian
> relatives working *in* that healthcare delivery system. They all
> independently say more-or-less the same thing: If your condition
> is life threatening, you will receive adequate or better. In all other
> situations you will receive slow, rationed care where in the Big Bad
> Government Bureaucracy decides just what- and when you will get.
> A goodly number of people with non-life threatening problems like
> gall stones, buy travel insurance and manage to have an "attack"
> while visiting the U.S. - it's the only way they can get relief
> from their suffering in a prompt manner. Other examples abound
> in the U.K. system.

Then how do they get better results?

>
>>
>>>> Medicare pays only about 80% of what private insurance pays; Medicaid
>>>> pays
>>>> even less. The price standards are set by private managed-care
>>>> insurers,
>>>> not
>>>> by the government. If it was government-pay only, prices would be at
>>>> least
>>>> 20% less just by that fact alone. And corporate benefits managers in
>>>> Fortune
>>>> 500 companies are the ones who are determining the managed-care rates.
>>> No they wouldn't - the *apparent* price would fall because - like I
>>> said -
>>> the collectivists never want to express the real cost of burdensome
>>> taxation,
>>> government bureaucracy, and picking up the tab for the various kinds
>>> of self-inflicted wounds so popular among today's professional victims.
>>> You're an economist (or very well educated therein). You should know
>>> this
>>> better than anyone: Price is a measure of scarcity that directs
>>> resources.
>>> Without a fair and transparent market, price/scarcity cannot be
>>> ascertained.
>>> When government is in charge, it artificially decides what is- and is
>>> not
>>> scarce and who should get what. This is inefficient, expensive, and
>>> ultimately
>>> ineffective, at least by comparison to the alternatives.
>>
>> <ho!> Economics is one of my two lifelong academic hobbies, the other
>> being
>> constitutional law, although I did study it some in college. My son is a
>> senior economics major and math minor, and he's already disgusted with my
>> inability to follow the econometric models he works with. I don't do
>> third-semester calculus or linear algebra. <g>
>
> (That's the fun stuff, though I personally loved the more esoteric corners
> of systems of differential equations, and much later, computational
> theory.
> You haven't lived until you've spent a whole weekend doing a single
> proof. SWMBO once picked up one of my texts and said, "There is literally
> nothing in this book I can read, let alone understand" - it was almost
> entirely symbolic.)

I'm with your SWMBO.

>
>>
>> I'm a writer and editor. Before I went freelance again, I spent five
>> years
>> in medical editing, winding up as Senior Medical Editor in the managed
>> care
>> (HMOs, PPOs, Medicare) division of a medical communications company. That
>> was a full-body immersion in the economics of health care, and I worked
>> with
>> some top experts in medical economics.
>>
>> As for competition in the field, of course it would be the best way to
>> handle it and is always to be preferred, IMO, if the pieces align to
>> produce
>> the benefits we all associate with real competition. But, as I said,
>> competition is pretty much an illusion in health care. We're the only
>> developed country with no price regulation on drugs -- it's a free-market
>> free-for-all. And we have the highest drug prices in the world, by far.
>> It
>> seems that people will pay anything they can to prolong their lives.
>> That's
>> why Europe has lost so much of their pharma infrastructure to the US;
>> this
>> is where the real money is. Within 25 miles of my house, our clients
>> included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too
>> many
>> others to list.
>
>
> That's why we should *deregulate* things like where people buy their
> pharma.

See above.

> You'd see a big equilibrium in price being established when the
> Canadians,
> Brits (and other Europeans) realized that by selling pharma to the U.S.
> consumer, their own taxpayers would effectively be underwriting the
> costs. Nothing forces people into global transparent markets like real
> (honest) global competition.

No country today is going to start funding drug development costs that
they've pawned off onto us for decades. We're the only ones who are
ideologically blinded enough to do it. Even the Japanese don't do it.

>
> You also note - perhaps without meaning to - a real downside to
> regulation:
> It drives out the innovators. Why on earth would a Pfizer or Merck want
> to live in the morass of EU regulations when they can stay here, innovate,
> profit, and do well instead.

No reason at all. That's why you pay 3 to 5 times more for drugs here. Katie
bar the doors, and praise the Lord...this is the promised land for the
pharma industry. <g>

> This is the central fallacy of the
> "healthcare shouldn't be profit motivated" scheme of things. It is one
> thing to either legislate or regulate around poor product quality and/
> or outright fraud. It is quite another to say "we the villagers with
> torches
> will take your pills and tell you how much we'll pay for them, if
> anything."
> Distorting markets creates horrible results whether the distortion stems
> from fraud or government meddling - they are equivalent in their general
> results.

I would never say it *shouldn't* be profit motivated. I *will* say that
profit incentives in health care often lead to undesirable results. This is
one of the situations that Stiglitz described when he wrote about the
situations in which normal market incentives don't work, or aren't really
present.

>
>>
>>> <SNIP>
>>>
>>>> You can, however, get much better results by aligning incentives
>>>> properly
>>>> so
>>>> that all health care management is driven toward a goal of providing
>>>> better
>>>> care for less money. That won't happen as long as the system is mostly
>>>> private, because the financial incentives for health care insurers, for
>>>> example, are to deny coverage as much as possible; to pay providers as
>>>> little as possible; and to exploit the vast statistical and actuarial
>>>> complications of health care, along with an advertising and promotion
>>>> program in an effective cost benefit ratio, to give the impression of
>>>> better
>>>> service while actually providing as little as they can get away with.
>>>> Financial incentives for other providers in the system are similarly
>>>> twisted
>>>> and perverted, although the case is most obvious on the insurance side.
>>> IOW, the only way to fix the incentives is by the point of the
>>> government's
>>> gun. You want to replace voluntary private sector commercial
>>> arrangements
>>> with the coercive power of an institution than can't run the DMV
>>> properly,
>>> can't manage to appoint a cabinet full of people that have all paid
>>> their
>>> own taxes, can't manage to balance a budget, and mostly works like a
>>> large scale version of villagers with torches. Wonderful.
>>
>> I'd disagree with your characterization of government. If you want to see
>> a
>> screw-up, you should see the way Sanofi handled the last drug I worked
>> on,
>> spending $110 million on pre-approval marketing alone, and then having
>> the
>> drug fail FDA approval -- for a good reason that S-A should have known
>> going
>> in.
>
> Right, but *I* don't have to pay for their screwups - their shareholders
> do.

An illusion. Their prices across the board are set to cover such losses.
Shareholders took a brief hit on that one (rimonabant), because it was such
a huge investment. But you and I will pay in the end.

> Their shareholders also have the ability to easily get rid of the
> bozos in charge of the screwup. That is *not* the case with government.

The bozos are still there, as is usually the case.

> The majority of the government that pushes us all around is NOT elected.
> It is the various flavors of regulators and other appointed civil servants
> that really run day-to-day government. Short of a very expensive lawsuit,
> it is essentially impossible to get the BATF, EPA, IRS, DEA, FDA, BLM, and
> all
> the rest of the alphabet soup of government to back off when they are
> wrong.
> When the private sector is wrong is fails and either adjusts or
> permanently
> disappears (unless they have a kindly idiot President bailing them out
> of their own sins). When government fails, it just spends more money
> doing more of the same - there is no meaningful feedback loop for most of
> government. I'd guess that in an average year, the government screws
> up a lot more, bigger, and with more money than the vast bulk of
> private sector.

I'll bet we read the same Civics textbook. I think that one is out of print.
<g>

I have to say that you've made your point of view clear, Tim, and I agree
with most of it in principle. But principles often get in the way of
actually seeing what's going on. The reality often doesn't agree with the
ideology, and that's clearly the case with health care.

As I said, competition would be great, if we were talking about plows or
electricity production or automobile tires. But it doesn't work without
regulation in many cases. And in the case of healthcare, just getting the
incentives aligned to benefit the consumer has been beyond anyone's ability
for a very long time.

I don't know the anwer, but I've worked in the industry and I know it's a
train wreck.

>
>
>>
>>
>>>> That's not to say health care providers are so cynical that they're
>>>> driven
>>>> only by money, or that they'll always grab the opportunity to deceive.
>>>> I
>>>> worked in that industry long enough to know better. But if financial
>>>> incentives are pulling one way and ethical incentives are pulling in a
>>>> different way, ethical considerations are going to lose some, if not
>>>> most,
>>>> of the battles. In the end, profit is the most demanding incentive, and
>>>> the
>>>> ways to achieve it are mostly counter-productive to the goal of better
>>>> and
>>>> more cost-efficient care. As the system is structured now, there is no
>>>> benefit to coming up with a solution that's 95% as good, but at half
>>>> the
>>>> price. Only killing 5 people out of 100 is not a good advertising
>>>> slogan
>>>> in
>>>> the health care business.
>>> Again, you fail to make the comparison with the alternative. The
>>> government has *no* respect for ethics - only power. The government
>>> innately works for the "group not the individual - I can think of
>>> no more terrifying place to apply this than healthcare: "Since, on
>>> average,
>>> people your age don't get strokes, we're not obligated to do much about
>>> yours." The government operates by compromise not principle and it will
>>> always be worse, therefore, than the most debauched profit-motivated
>>> private sector actor (except those that act fraudulently).
>>
>> The relative success of other countries' systems suggests that is so much
>> bunk. I worked in the health care industry. I have no faith in its
>> structure
>> of motivations, incentives, or results, taken as a whole. The system, as
>> it
>> really works, doesn't give a damn about you -- unless you have a lot of
>> money, in which case you're all set.
>
> Given a serious medical condition that required state-of-the art
> skills, tools, and practitioners, would you prefer to be treated
> in the U.S. or in one of the collectivist nirvannas you cite?

If you're paying, I'll get treated in the US, at the finest hospital,
please, and with a private room and nice looking nurses. <g>


>
>>
>>>> Whether the system is mostly private or mostly government-run matters
>>>> much
>>>> less than how well the incentives can be aligned with the goals of
>>>> producing
>>>> the best service at the lowest cost. Unlike most industries, health
>>>> care
>>>> is
>>>> inherently resistant to the benefits of competition, for the reasons I
>>>> cited
>>>> above. It isn't that competition and beneficial incentive structures
>>>> are
>>>> impossible; it's just that no one has figured out how to accomplish
>>>> them.
>>> Wal-Mart has. Some of my local drugstore chains have.
>>
>> Right. For flu shots and blood pressure testing, and to dispense cheap,
>> 50-year-old drugs whose patents have long expired.
>
> I have direct experience with a family member that belies this. I
> watched the corner cheapo clinic diagnose a family member with
> a life threatening condition that precipitated hospital care
> and saved the person's life. No, the cheapo clinic didn't have
> the resources to treat the problem, but as a first line of triage -
> where so much cost is sunk today - they did just fine, and for only
> a few hundred dollars.
>
> As I said above, you need generalists, specialists, and so on all in
> the medical ecosystem. Smith's Pin Factory example leaps to mind...

I don't disagree with that. In fact, that's what we have. And we still have
a broken system.

>>> The freestanding
>>> "quicky clinic" on the corner has. The real problem here in IL is that
>>> the liability laws are insane and are driving medical practitioners out
>>> of
>>> the state. When a newly minted Ob/Gyn has to pay upwards of a half
>>> million
>>> dollars (give or take) per year for liability insurance, it's hard to
>>> keep those folks in state.
>>
>> That's the free market for you. Nobody is regulating tort lawyers. It's a
>> free-enterprise system, with a democratic selection of juries. d8-)
>>
>> Now, if the quicky clinic was so bold as to get into the riskier aspects
>> of
>> medicine, they wouldn't be so cheap. But ask for an arterial stent and
>> they'll send you away.
>>
>
> The whole tort thing is really troublesome. On the one hand you
> want people truly harmed to have redress. On the other, it's become
> a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
> I would also point out that the problem is largely not the
> judges, it is the *juries*. Having served on a criminal jury, I shudder
> at the thought of ever being at a jury's mercy in either criminal or
> civil court.

It's true that many cases anger juries (or anyone) so much that they want to
hit the doctor or the hospital really hard, to punish rather than to
compensate. That's a fundamental issue with torts in the US today.

But there are some misconceptions here, too. If you just look at the sum of
awards in the country for medical malpractice in a year, the amount is
trivial. It's the insurance that's outrageous. I started to read an analysis
of this once but I never finished it. I really don't fully understand what's
going on.

BTW, I forget to post a URL in the last message that succinctly explains the
role of the Fortune 500 companies in bargaining for better health insurance
at lower prices. It's one of the few instances in health care in which
competition really works. And the standards set by employer policies
influence the other private insurance policies, and have some influence on
rates. Here's the article:

http://www.insurancerate.com/177-health-insurance-big-corporations-use.html

But its future is uncertain. Among companies with 200 or more employees, 98%
still offer health insurance, although with an increasing percentage of
employee contribution.

If you really want to dig into it, here's a lengthy 2006 report from the
Kaiser Family Foundation. We used this report when I was editing medical
material. Note Exhibit E on page 4:

http://www.kff.org/insurance/7527/upload/7527.pdf

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 7:13 AM


"Hawke" <[email protected]> wrote in message
news:[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...

<snip>

>>
>> If you really want to dig into it, here's a lengthy 2006 report from the
>> Kaiser Family Foundation. We used this report when I was editing medical
>> material. Note Exhibit E on page 4:
>>
>> http://www.kff.org/insurance/7527/upload/7527.pdf
>>
>> --
>> Ed Huntress
>
>
> I don't think you're getting anywhere, Ed. This guy doesn't seem to have
> any
> notion of what just happened when we had a government that did just the
> sort
> of things he's advocating. Deregulation, small government, free market
> solutions to every problem, privatization. The last administration did
> everything it could to do just what he's recommending and the result is
> that
> this country is a disaster scene. It makes me wonder how could he be
> recommending this shit when it was just tried and it failed so completely.
> It just goes to show you that no matter how good one is at math that
> doesn't
> mean you know shit about anything else. Which he just proved. Keep sending
> your troops over open ground to face machine gun fire Tim. Just because it
> failed over and over doesn't mean you shouldn't keep doing it. That's
> right
> wing thinking at its best.
>
> Hawke

I don't think that Tim is totally in the tank with the bunch that wants to
double-down on everything. The ones to watch for are those who say that
regulation is sapping our precious bodily fluids. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 10:17 AM


"Andrew Barss" <[email protected]> wrote in message
news:[email protected]...
> In rec.woodworking HeyBub <[email protected]> wrote:
> : rangerssuck wrote:
> :>
> :> Well I think you've hit the nail on the head. The problem here is that
> :> those on the right really don't believe that there is such a thing as
> :> "common good." They believe that the good of individuals is the only
> :> goal. As long as I am doing well, it doesn't really matter how you are
> :> doing - that's your problem.
>
> : Right. Adam Smith settled this hash in the 18th Century with the
> publication
> : of "The Wealth of Nations." In that work, he posited the "Invisible
> Hand"
> : (viz.) concept which, briefly, says that when all act in their own best
> : interests, the community, as a whole, prospers.
>
> Didn't Adam Smith also posit the need for regulation of the market
> (as most discussions of his theory fail to note)?
>
> --- Andy Barss

Right. Most people don't read that part. In fact, most people who quote
Smith haven't read *any* part.

Here are just two quotes from _The Wealth of Nations_ that tend to get
overlooked:

"When the regulation, therefore, is in support of the workman, it is always
just and equitable; but it is sometimes otherwise when in favour of the
masters."

"It is not very unreasonable that the rich should contribute to the public
expence, not only in proportion to their revenue, but something more than in
that proportion."

In over 1,000 pages, he considered a wide range of complex ideas, including
caveats to the various free-market, free-trade ideas that most people seem
to believe he supported absolutely and without qualification. He didn't.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 5:07 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>
> <SNIP>
>
>> Before we go off on a tangent, let me see if we understand each other
>> about
>> how the pharma business works.
>
> Heaven forbid we go off on a tangent in this thread...

<snip again>

Tim, we can go around on this endlessly, but let me give one example that
illustrates how our present health insurance system has completely
screwed-up incentives. This is a case I was involved in, so I can testify as
to its accuracy.

A few years ago Beth Israel Hospital in New York set up a preventive-care
clinic for diabetes. They're among the top experts, and they know how to
keep diabetes under control. They could save endless agony and huge expenses
with a good program.

Within nine months, they had to close it down. They could enroll a person in
the program for a little over $300/yr., but private insurers wouldn't pay
for it.

Yet, those same insurers didn't blink an eye to pay $50,000 for a foot
amputation. You might think that the issue was total costs; that there were
few enough amputations that it was cheaper. Even if that were true, it would
be an extraordinary perversion of health care. But it wasn't true. The
preventive care for diabetes actually saves private insurers money; not only
on amputations, but on eye surgery, kidney dialysis, and many other
expensive treatments that diabetics often face later in life.

Here's what was learned, inquiring with consultants for health insurers. The
problem with preventive care, from an insurer's point of view, is that the
average American stays with one insurance company only for 3-1/2 years on
the average. So if health insurer A pays for preventive care, it's insurer B
who benefits from the cost saving.

No kidding. That was it. That, we've learned, is a primary reason that
private insurers won't pay for much preventive care in the US.

Can you think of a way to correct that without regulation? Nobody has
succeeded; good luck to you. It's that kind of calculation that is the
beginning of the whole incentive screw-up. It's one example. There are many
more.

Some kind of system must be set up to change the incentive structure. And
the uninsured must be insured; they cost all of us a lot more running to ERs
than they would with good preventive family care.

The insurance industry isn't up to the job. They've proven it over and over
again. IMO, there is no reason to socialize medicine itself. What we need is
some kind of grab-'em-by-the-lapels grip on insurance -- public or
private -- that makes it work for everyone, and that avoids the twisted,
perverse results that come from "free market" insurance. Like the Beth
Israel example.

We also need tort reform, and a system of protections (and reviews) for
medical practice that keeps it out of the courts, except in exceptional
cases. That should all but kill the outrageous malpractice insurance
business. Good riddance.

Doctors have to get off the payrolls of pharma -- I often wrote the
invitations and made the cash offers for them to speak at "seminars," so
I've been there. And if you succeed in getting the rest of the world to stop
controlling drug prices, we'll build you a bronze statue and put it in
Central Park. <g> I don't see that happening in our lifetimes.

No system anywhere in the world is without faults. There is no system we'd
want to copy. At the same time, ours has some very large faults, too. People
who think our present system gives us "choice" don't realize that many of
the choices have already been made for us, by the medical directors and
their committees in the managed-care insurance companies. If they won't pay
for it, it isn't available, almost without exception. And if one company
won't pay for it, there is no reason for another insurer to do so. They're
competitive businesses in theory; they're oligopolies in reality. The
interest of one aligns with the interest of another, so they all tend to
offer about the same things.

Now I have to get back to work. Good talking to you.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 5:59 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>>
>> Tim, we can go around on this endlessly, but let me give one example
>> that illustrates how our present health insurance system has
>> completely screwed-up incentives. This is a case I was involved in,
>> so I can testify as to its accuracy.
>>
>> A few years ago Beth Israel Hospital in New York set up a
>> preventive-care clinic for diabetes. They're among the top experts,
>> and they know how to keep diabetes under control. They could save
>> endless agony and huge expenses with a good program.
>>
>> Within nine months, they had to close it down. They could enroll a
>> person in the program for a little over $300/yr., but private
>> insurers wouldn't pay for it.
>>
>
> Today, on the other hand...
>
> Private insureres (United Health and Aetna to name two) WILL pay for
> diabetes education and both will subsidize - if not pay completely - for
> hospital-run "fitness" centers.

Why? Because they were forced to by state regulations? And in what states?
That's how we got a lot of preventive care coverage in various states. Left
to their own, in a "free market," the insurers don't want to touch it.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 9:16 PM


"Hawke" <[email protected]> wrote in message
news:[email protected]...
>
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>> >>>>> So would you rather have the government be involved in health care
>> >>>>> or just leave it in the hands of people like used car salesmen?
>> >>>>> There are private alternatives that are worse than the government.
>> >>>>> How about having Bernie Madoff handling your health care or the
>> >>>>> management of AIG? Think they would be better than the government?
>> >>>>> I don't. The greed of businessmen is what
>> >>>>
>> >>>> False dichtomy and strawman. These are not the only choices.
>> >>>>
>> >>>>> makes them unacceptable for making decisions on people's health
>> >>>>> care. You need people that aren't going to profit from your health
>> >>>>> problems making the decisions. Hopefully, medical professionals
>> >>>>> without a financial interest would decide what you need.
>> >>>>>
>> >>>>> Hawke
>> >>>>>
>> >>>>>
>> >>>>
>> >>>> This is hands-down the low point of this thread. If no one made a
>> >>>> profit in healthcare there would be NO healthcare. Why should
>> >>>> gifted people become doctors, pharma reseachers, nurses, or
>> >>>> pharmacists? Without profit where is the incentive to risk $500M -
>> >>>> $1B *per new drug* on the research side of things. In short, there
>> >>>> would be few or no "medical professionals without a financial
>> >>>> interest [to] decide what you need" without the opportunity for
>> >>>> profit.
>> >>>>
>> >>>> I'll take greedy business people over boneheaded collectivist
>> >>>> ideology any day of the week.
>> >>>
>> >>>
>> >>> Of course you would but that is because of your short sightedness
>> >>> and adherence to discredited right wing ideology, not because of the
>> >>> facts. Plenty of organizations and businesses are non profit and
>> >>> they operate just as efficiently and effectively as the for profit
>> >>> ones. But how can that be when only profits make a business work?
>> >>> Or maybe your set in stone beliefs are wrong.
>> >>
>> >> A "non profit" that doesn't run at a profit goes under very quickly.
>> >> Calling your surplus of income over expendtures something other than
>> >> "profit" doesn't make it any less so.
>> >>
>> >> And how many non-profits have brought new products to market?
>> >
>> >
>> > Who knows?
>>
>> Do you know of _any_?
>>
>> > But I do know that bringing new products to the market
>> > isn't only what non-profit businesses do.
>>
>> Hint--new medications are "new products". If, as you seem to be
> admitting,
>> nonprofits do not bring new products to market then who _will_ create new
>> medications in your workers' paradise?
>>
>> > In fact many of them are
>> > not in business to provide new products at all and have completely
>> > different reasons for being.
>>
>> That's nice. So where do new meds come from if the pharmaceutical
> industry
>> is run as a non-profit?
>
>
> The federal government pays for between 50 and 70% of all research and
> development costs in the pharma industry. So there's your answer. It's
> paying for most of the research for new drugs right now and that will
> continue in the foreseeable future. So there you go. By the way, at least
> half of the money spent by pharma goes to advertising not R&D.

That's misleading. The "R&D" you're talking about is just the basic
research. The pharma industry pays many times that much for the clinical
research and further lab development to bring a drug before the FDA for
approval.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 11:32 PM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
>> "J. Clarke" <[email protected]> wrote in message
>> news:[email protected]...
>>> Hawke wrote:
>>>>>>>> So would you rather have the government be involved in health
>>>>>>>> care or just leave it in the hands of people like used car
>>>>>>>> salesmen? There are private alternatives that are worse than
>>>>>>>> the government. How about having Bernie Madoff handling your
>>>>>>>> health care or the management of AIG? Think they would be
>>>>>>>> better than the government? I don't. The greed of businessmen
>>>>>>>> is what
>>>>>>>
>>>>>>> False dichtomy and strawman. These are not the only choices.
>>>>>>>
>>>>>>>> makes them unacceptable for making decisions on people's health
>>>>>>>> care. You need people that aren't going to profit from your
>>>>>>>> health problems making the decisions. Hopefully, medical
>>>>>>>> professionals without a financial interest would decide what
>>>>>>>> you need.
>>>>>>>>
>>>>>>>> Hawke
>>>>>>>>
>>>>>>>>
>>>>>>>
>>>>>>> This is hands-down the low point of this thread. If no one made a
>>>>>>> profit in healthcare there would be NO healthcare. Why should
>>>>>>> gifted people become doctors, pharma reseachers, nurses, or
>>>>>>> pharmacists? Without profit where is the incentive to risk $500M
>>>>>>> - $1B *per new drug* on the research side of things. In short,
>>>>>>> there would be few or no "medical professionals without a
>>>>>>> financial interest [to] decide what you need" without the
>>>>>>> opportunity for profit.
>>>>>>>
>>>>>>> I'll take greedy business people over boneheaded collectivist
>>>>>>> ideology any day of the week.
>>>>>>
>>>>>>
>>>>>> Of course you would but that is because of your short sightedness
>>>>>> and adherence to discredited right wing ideology, not because of
>>>>>> the facts. Plenty of organizations and businesses are non profit
>>>>>> and they operate just as efficiently and effectively as the for
>>>>>> profit ones. But how can that be when only profits make a
>>>>>> business work? Or maybe your set in stone beliefs are wrong.
>>>>>
>>>>> A "non profit" that doesn't run at a profit goes under very
>>>>> quickly. Calling your surplus of income over expendtures something
>>>>> other than "profit" doesn't make it any less so.
>>>>>
>>>>> And how many non-profits have brought new products to market?
>>>>
>>>>
>>>> Who knows?
>>>
>>> Do you know of _any_?
>>>
>>>> But I do know that bringing new products to the market
>>>> isn't only what non-profit businesses do.
>>>
>>> Hint--new medications are "new products". If, as you seem to be
>>> admitting, nonprofits do not bring new products to market then who
>>> _will_ create new medications in your workers' paradise?
>>>
>>>> In fact many of them are
>>>> not in business to provide new products at all and have completely
>>>> different reasons for being.
>>>
>>> That's nice. So where do new meds come from if the pharmaceutical
>>> industry is run as a non-profit?
>>
>>
>> The federal government pays for between 50 and 70% of all research and
>> development costs in the pharma industry.
>
> I'd like to see a source for that number. Strange that the Feds will pay
> all that money but not demand that they retain rights to the product
> developed--the Feds don't usually work that way.

They don't retain the rights. It's a backhanded way to finance university
medical research; they cut off most federal money, so now the universities
get to keep the licensing fees.

However, as I mentioned, the R&D that Hawke is talking about is *basic*
research, and only a small fraction of the total research costs needed to
get a drug ready for medical use. Most of it -- especially the very
expensive clinical trials -- are paid by the pharma industry.

>
>> So there's your answer. It's
>> paying for most of the research for new drugs right now and that will
>> continue in the foreseeable future. So there you go. By the way, at
>> least half of the money spent by pharma goes to advertising not R&D.
>
> So what?

The "half" figure is not accurate, either. It's less than 1/3.

This is a controversial subject and the only way to get a realistic view of
it is to really dig deep into the facts. The advocates on both sides have a
very easy time of muddying the waters because the system is very complex.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 5:45 PM


"Hawke" <[email protected]> wrote in message
news:iOb%[email protected]...
>
> "Ed Huntress" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "J. Clarke" <[email protected]> wrote in message
>> news:[email protected]...
>> > Hawke wrote:
>> >> "J. Clarke" <[email protected]> wrote in message
>> >> news:[email protected]...
>> >>> Hawke wrote:
>> >>>>>>>> So would you rather have the government be involved in health
>> >>>>>>>> care or just leave it in the hands of people like used car
>> >>>>>>>> salesmen? There are private alternatives that are worse than
>> >>>>>>>> the government. How about having Bernie Madoff handling your
>> >>>>>>>> health care or the management of AIG? Think they would be
>> >>>>>>>> better than the government? I don't. The greed of businessmen
>> >>>>>>>> is what
>> >>>>>>>
>> >>>>>>> False dichtomy and strawman. These are not the only choices.
>> >>>>>>>
>> >>>>>>>> makes them unacceptable for making decisions on people's health
>> >>>>>>>> care. You need people that aren't going to profit from your
>> >>>>>>>> health problems making the decisions. Hopefully, medical
>> >>>>>>>> professionals without a financial interest would decide what
>> >>>>>>>> you need.
>> >>>>>>>>
>> >>>>>>>> Hawke
>> >>>>>>>>
>> >>>>>>>>
>> >>>>>>>
>> >>>>>>> This is hands-down the low point of this thread. If no one made a
>> >>>>>>> profit in healthcare there would be NO healthcare. Why should
>> >>>>>>> gifted people become doctors, pharma reseachers, nurses, or
>> >>>>>>> pharmacists? Without profit where is the incentive to risk $500M
>> >>>>>>> - $1B *per new drug* on the research side of things. In short,
>> >>>>>>> there would be few or no "medical professionals without a
>> >>>>>>> financial interest [to] decide what you need" without the
>> >>>>>>> opportunity for profit.
>> >>>>>>>
>> >>>>>>> I'll take greedy business people over boneheaded collectivist
>> >>>>>>> ideology any day of the week.
>> >>>>>>
>> >>>>>>
>> >>>>>> Of course you would but that is because of your short sightedness
>> >>>>>> and adherence to discredited right wing ideology, not because of
>> >>>>>> the facts. Plenty of organizations and businesses are non profit
>> >>>>>> and they operate just as efficiently and effectively as the for
>> >>>>>> profit ones. But how can that be when only profits make a
>> >>>>>> business work? Or maybe your set in stone beliefs are wrong.
>> >>>>>
>> >>>>> A "non profit" that doesn't run at a profit goes under very
>> >>>>> quickly. Calling your surplus of income over expendtures something
>> >>>>> other than "profit" doesn't make it any less so.
>> >>>>>
>> >>>>> And how many non-profits have brought new products to market?
>> >>>>
>> >>>>
>> >>>> Who knows?
>> >>>
>> >>> Do you know of _any_?
>> >>>
>> >>>> But I do know that bringing new products to the market
>> >>>> isn't only what non-profit businesses do.
>> >>>
>> >>> Hint--new medications are "new products". If, as you seem to be
>> >>> admitting, nonprofits do not bring new products to market then who
>> >>> _will_ create new medications in your workers' paradise?
>> >>>
>> >>>> In fact many of them are
>> >>>> not in business to provide new products at all and have completely
>> >>>> different reasons for being.
>> >>>
>> >>> That's nice. So where do new meds come from if the pharmaceutical
>> >>> industry is run as a non-profit?
>> >>
>> >>
>> >> The federal government pays for between 50 and 70% of all research and
>> >> development costs in the pharma industry.
>> >
>> > I'd like to see a source for that number. Strange that the Feds will
> pay
>> > all that money but not demand that they retain rights to the product
>> > developed--the Feds don't usually work that way.
>>
>> They don't retain the rights. It's a backhanded way to finance university
>> medical research; they cut off most federal money, so now the
>> universities
>> get to keep the licensing fees.
>>
>> However, as I mentioned, the R&D that Hawke is talking about is *basic*
>> research, and only a small fraction of the total research costs needed to
>> get a drug ready for medical use. Most of it -- especially the very
>> expensive clinical trials -- are paid by the pharma industry.
>>
>> >
>> >> So there's your answer. It's
>> >> paying for most of the research for new drugs right now and that will
>> >> continue in the foreseeable future. So there you go. By the way, at
>> >> least half of the money spent by pharma goes to advertising not R&D.
>> >
>> > So what?
>>
>> The "half" figure is not accurate, either. It's less than 1/3.
>>
>> This is a controversial subject and the only way to get a realistic view
> of
>> it is to really dig deep into the facts. The advocates on both sides have
> a
>> very easy time of muddying the waters because the system is very complex.
>>
>> --
>> Ed Huntress
>
>
> Like I said, I'm getting those stats from Ha-Joon Chang, the well noted
> economist (Google him if you like). In his book he goes into this. Since
> he's an economist and has written a book and mentions this specifically I
> think his statistics are probably accurate. He has great credentials. A
> Cambridge educated economics professor, with a mentor like Joe Steglitz,
> writing on this I think is a pretty reliable source. Of course, you can
> disagree with him but I'd like to see the credentials of who you do
> believe.
>
> Hawke

Well, I could quote the figures that he cites, and show you their
weaknesses.

But what you quote is not, I think, what Chang says. Here's what I was able
to find in his writing:

"A lot of research is conducted by non-profit-seeking organizations -- even
in the US. For example, in the year 2000, only 43% of US drugs research
funding came from the pharmaceutical industry itself. 29% came from the US
government and the remaining 28% from private charities and universities."

He cites a source that I can't identify (I was searching on Amazon's
previews) but the numbers sound familiar. I think they come from pharma
itself. What Chang doesn't note, however, is that the part that comes from
universities is paid for, after the government NIH grants are accounted for,
by licensing fees to Big Pharma. In other words, pharma pays more than half
of the total, and a couple of times what government is paying.

That's not to absolve pharma of the way it operates, but the picture is a
lot more complicated than these few figures suggest. Their entire business
model is under threat right now. Coming up with new "small-molecule" drugs
has gotten to be extremely tough. And the biotech industry, which has lost
money, as a whole, every year since it came into existence, is not a
promising replacement. It's a good way to go broke.

The industry is going through a crisis and it will be shaken up. The
question is who will wind up paying for all of the research. In the end, of
course, it's you and me, any way you look at it. But we'd make out a lot
better if we were Canadian or French.

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 6:19 PM


"Hawke" <[email protected]> wrote in message
news:sCS%[email protected]...
>
>> >> >> The federal government pays for between 50 and 70% of all research
> and
>> >> >> development costs in the pharma industry.
>> >> >
>> >> > I'd like to see a source for that number. Strange that the Feds
>> >> > will
>> > pay
>> >> > all that money but not demand that they retain rights to the product
>> >> > developed--the Feds don't usually work that way.
>> >>
>> >> They don't retain the rights. It's a backhanded way to finance
> university
>> >> medical research; they cut off most federal money, so now the
>> >> universities
>> >> get to keep the licensing fees.
>> >>
>> >> However, as I mentioned, the R&D that Hawke is talking about is
>> >> *basic*
>> >> research, and only a small fraction of the total research costs needed
> to
>> >> get a drug ready for medical use. Most of it -- especially the very
>> >> expensive clinical trials -- are paid by the pharma industry.
>> >>
>> >> >
>> >> >> So there's your answer. It's
>> >> >> paying for most of the research for new drugs right now and that
> will
>> >> >> continue in the foreseeable future. So there you go. By the way, at
>> >> >> least half of the money spent by pharma goes to advertising not
>> >> >> R&D.
>> >> >
>> >> > So what?
>> >>
>> >> The "half" figure is not accurate, either. It's less than 1/3.
>> >>
>> >> This is a controversial subject and the only way to get a realistic
> view
>> > of
>> >> it is to really dig deep into the facts. The advocates on both sides
> have
>> > a
>> >> very easy time of muddying the waters because the system is very
> complex.
>> >>
>> >> --
>> >> Ed Huntress
>> >
>> >
>> > Like I said, I'm getting those stats from Ha-Joon Chang, the well noted
>> > economist (Google him if you like). In his book he goes into this.
>> > Since
>> > he's an economist and has written a book and mentions this specifically
> I
>> > think his statistics are probably accurate. He has great credentials. A
>> > Cambridge educated economics professor, with a mentor like Joe
>> > Steglitz,
>> > writing on this I think is a pretty reliable source. Of course, you can
>> > disagree with him but I'd like to see the credentials of who you do
>> > believe.
>> >
>> > Hawke
>>
>> Well, I could quote the figures that he cites, and show you their
>> weaknesses.
>>
>> But what you quote is not, I think, what Chang says. Here's what I was
> able
>> to find in his writing:
>>
>> "A lot of research is conducted by non-profit-seeking organizations --
> even
>> in the US. For example, in the year 2000, only 43% of US drugs research
>> funding came from the pharmaceutical industry itself. 29% came from the
>> US
>> government and the remaining 28% from private charities and
>> universities."
>>
>> He cites a source that I can't identify (I was searching on Amazon's
>> previews) but the numbers sound familiar. I think they come from pharma
>> itself. What Chang doesn't note, however, is that the part that comes
>> from
>> universities is paid for, after the government NIH grants are accounted
> for,
>> by licensing fees to Big Pharma. In other words, pharma pays more than
> half
>> of the total, and a couple of times what government is paying.
>>
>> That's not to absolve pharma of the way it operates, but the picture is a
>> lot more complicated than these few figures suggest. Their entire
>> business
>> model is under threat right now. Coming up with new "small-molecule"
>> drugs
>> has gotten to be extremely tough. And the biotech industry, which has
>> lost
>> money, as a whole, every year since it came into existence, is not a
>> promising replacement. It's a good way to go broke.
>>
>> The industry is going through a crisis and it will be shaken up. The
>> question is who will wind up paying for all of the research. In the end,
> of
>> course, it's you and me, any way you look at it. But we'd make out a lot
>> better if we were Canadian or French.
>>
>> --
>> Ed Huntress
>
>
> It would be nice to speak to Mr. Chang personally and have him explain in
> more detail about the statistics he's citing in his book. Unfortunately, I
> don't think I'm going to be able to get through to him any time soon.

He didn't do the research for that data. He cites another source for it. I
think it's on page 125 or 126. If you have the book, take a look and see
where he got the data.

> Then
> there's the problem of understanding him. I saw him at a Q&A on Book TV
> and
> his Korean accent was so thick I could hardly understand him. I'd like to
> hear him and Arnold (Terminator) having a conversation, that would be
> something.

That sounds like my chemistry teacher in college. That's why I don't know
squat about chemistry. <g>

>
> We have three good choices for quality health care, four actually. Being
> French or Canadian, being filthy rich, or being a member of congress. God
> Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
> member of the unwashed masses sucks.
>
> Hawke

It's not going to get much better for a long time. Hope for catastrophic
care aided by the government, which probably will cover nearly everyone, and
fairly large chunks of ordinary care paid out of your own pocket. I expect
some kind of price controls on drugs within five years. The way their
economics are going, they'll try to *raise* prices on a continuing basis,
and every other country but the US will resist. That means we'll pay all of
it until we finally get down to clamping a lid on them.

Or don't get sick. Or shoot yourself when you do. d8-)

--
Ed Huntress

EH

"Ed Huntress"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 6:34 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Hawke wrote:
>>>> Since he's an economist and has written a book and mentions this
>> specifically I
>>>> think his statistics are probably accurate.
>>> This statement would be achingly funny if it weren't so achingly sad...
>>
>>
>> Yeah, that would seem true when you take it out of context like you did.
>> Anyone reading the following qualifying statements would not get that
>> impression though. He's not just "any" economist. But then you would
>> argue
>> with a Nobel Prize winning economist like Joe Steglitz or Paul Krugman
>> wouldn't you, even though they have Ph.D.s in economics and you don't.
>> You
>> remind me of the Monty Python comedian who wrote the book, "How to Argue
>> with Anyone". Your discounting of Chang's work is equally as silly.
>>
>> Hawke
>>
>>
>
> But I'm *not* discounting his work. I'm discounting the confidence you
> place in economics as a discipline and upon a single source no less.
> Economics is barely a science - hence the term "Dismal Science".

Well, the term (coined by Thomas Carlyle) actually derives from the fact
that Carlyle thought that Malthus represented economics, and Malthus said,
basically, we should all bend over and kiss our asses goodby. <g> That was
in the early- to mid-19th century.

> It's
> predictive powers have been poor at best. You cite Krugman and I'll
> cite von Mises, Hayek, and Friedman any one of whom (I'd argue)
> contributed considerably more to making economics useful than
> Krugman, but of course that's just my opinion and subject to revision.
> The point wasn't to make fun of your source, but rather suggest that
> breathless confidence in such a source is misplaced. If this thread - and
> the
> entire history of economics - demonstrates anything is that the
> field hasn't exactly distinguished itself with great results.

That's true enough. It's an iffy business, something like medicine.

>
> As to having received a Nobel, so did Carter (a incompetent political
> hack), Arafat (a murdering thug), and Gore (a fraud and opportunist
> feeding at the public trough) thereby demonstrating that the vacuity
> of award today as it is made the handmaiden of political correctness.

Ouch! Some of them were really worthy. Krugman won for New Trade Theory (his
specialty is the economics of international trade). Friedman won for
reviving monetary theory. It was good work, but the world is more
complicated than either of them could accommodate with their regression
models.

--
Ed Huntress

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 11:02 AM

Ed Pawlowski wrote:
>
> As a registered "non partisan" voter, I've had people tell me I'm
> wrong and should make a commitment. Fact is,neither of our two major
> parties deserve my commitment and support. I wish the Libertarians
> could get their stuff together because in principle, I agree with
> them. Less government is better government

Heh! The "independent" voter is actually the most dependent of all. At
election time, he gets to choose between only two candidates. He had no say
in who the candidates were, no influence in the platforms, policies, or
preferences of the party, and virtually no influence with the ultimate
elected official. He can claim no pride, no power, and no profit.

The best course is to pick a party that most closely conforms to your ideals
and work from within the system. Knock on doors, raise money, attend
political meetings.

As for Libertarians, they closely resemble the Celtic warriors hired by the
English kings of old to augment the armies. Fierce, unafraid, and fearless.
You just wouldn't want them to actually, you know, run things.

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 11:48 AM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
>> "J. Clarke" <[email protected]> wrote in message
>> news:[email protected]...
>>> John R. Carroll wrote:
>>>> "HeyBub" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> John R. Carroll wrote:
>>>>>>
>>>>>> None of this sort of analysis has any real value. What does is the
>>>>>> beliefs of Tim Geithner and Ben Bernanke.
>>>>>> Those two fellows believe the problem, or one of them, was that to
>>>>>> little was done and not to nuch.
>>>>>> Another, was letting of the gas and raising taxes stalled the
>>>>>> economy in 1937 and that, finally, inflation is a problem we
>>>>>> really can deal with while deflation is self reinforcing but that
>>>>>> deflation isn't and Paul Volker proved out the mechanics of
>>>>>> wringing it out of an econoomy decades ago.
>>>>>>
>>>>>
>>>>> "We can deal with inflation?" You bet.
>>>>
>>>> It isn't a bet, it's an excercise in monetary policy.
>>>>
>>>>>
>>>>> During the Carter years I purchased a CD paying 10%. I cashed it in
>>>>> a year later, and got my 10% premium. Inflation for the year was
>>>>> 13%.
>>>>
>>>> OK, poor judgement.
>>>>
>>>>>
>>>>> Then I had to pay taxes on my 10% gain.
>>>>
>>>> Would have been a lot tougher to pay that tax premium if your income
>>>> had been cut in half.
>>>
>>> Which 8 years of 10 percent inflation does handily.
>>
>> Well sure, if you don't get a raise.
>> LOL
>> Even two or three percent inflation as hard to take under that
>> scenario.
>
> And when the economy is bad you don't get raises. I've worked in places
> where in 5 years _nobody_ got a raise or if someone did get a raise it
> amounted to a couple of cents an hour.

The years when I had the most significant increases in my earnings were down
years.
I've also come to the conclusion, based on practical experience, that the
best time to start a new business is when things are in the tank.

Anyway, inflation has a known cure that is easy to institute, effective and
proven.
Deflation really doesn't and the consequenses are generally worse on the
whole, in deflationary environments.

JC

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 6:19 AM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
>> "HeyBub" <[email protected]> wrote in message
>> news:[email protected]...
>>> John R. Carroll wrote:
>>>>
>>>> None of this sort of analysis has any real value. What does is the
>>>> beliefs of Tim Geithner and Ben Bernanke.
>>>> Those two fellows believe the problem, or one of them, was that to
>>>> little was done and not to nuch.
>>>> Another, was letting of the gas and raising taxes stalled the
>>>> economy in 1937 and that, finally, inflation is a problem we
>>>> really can deal with while deflation is self reinforcing but that
>>>> deflation isn't and Paul Volker proved out the mechanics of
>>>> wringing it out of an econoomy decades ago.
>>>>
>>>
>>> "We can deal with inflation?" You bet.
>>
>> It isn't a bet, it's an excercise in monetary policy.
>>
>>>
>>> During the Carter years I purchased a CD paying 10%. I cashed it in
>>> a year later, and got my 10% premium. Inflation for the year was 13%.
>>
>> OK, poor judgement.
>>
>>>
>>> Then I had to pay taxes on my 10% gain.
>>
>> Would have been a lot tougher to pay that tax premium if your income
>> had been cut in half.
>
> Which 8 years of 10 percent inflation does handily.

Well sure, if you don't get a raise.
LOL
Even two or three percent inflation as hard to take under that scenario.

JC

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 9:14 PM

On Jun 10, 9:00=A0am, "HeyBub" <[email protected]> wrote:
> Too_Many_Tools wrote:
>
> >> I guess if you need more reasons, I could come up with some.
>
> > So you are saying that the United States should invade a country
> > because we feel like it?
>
> Yes.
>
>
>
> > There are thousands of grieving military families who would rip your
> > heart out of your chest for squandering their children's lives for
> > your "feel like it" approach.
>
> I feel sorry for the family's loss. But no more so than a loss due to a
> mountain climbing accident, a speedway crash, or from a sky-diver's faile=
d
> parachute.
>
> Remember, our military are volunteers. They joined the military for the
> opportunity to kill people and blow things up. Incidental to that choice =
was
> the chance, of which they were well aware, of death or injury. They
> willingly took that chance. For their family's sake. For their country's
> sake. For duty's sake. For honor. For glory.
>
> They went to war because they trained for war, because they wanted to go =
to
> war, because they needed to go to war.
>
> Here's the proof: 85% of the soldiers who have served in Iraq or Afghanis=
tan
> have reenlisted at the first opportunity. The remaining 15% retired, were
> invalided out, or mistakenly married harridans.

So you are saying that any country is welcome to invade any other
country when it feels like it.

So I guess you favor Iran and North Korea making and using nukes.

As for the "volunteers", how many would have volunteered if they had
known that they were being lied to by Bush/Cheney?

And...no you do not feel their pain.

No parent wants their children to die for nothing.

TMT

TMT

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:46 AM

Upscale wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
>>> ...and made most of it disappear.
>>
>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>> less than 6 months.
>
> And how *exactly* do you now it's flushed away. As usual, you make
> all sorts of wild claims before any type of final result is in. If
> you had any iota of common sense, you'd know that it takes years for
> final results to be tallied.
>

Good question. Aside from the observation that "stimulus" spending never has
worked*, there are three possible outcomes:

1. That extra spending means extra taxes which means the whole thing is a
wash. (Government spending having some "multiplier" effect unknown to
consumer or business spending is a big, fat lie.) [Just today the
administration floated the idea of extra taxes on the more affluent to pay
for health-care reform]

2. That extra spending means extra debt, which drives up interest rates,
which chokes off growth.

3. That extra spending means extra money being printed, which means
inflation which means any growth is illusory.
http://pajamasmedia.com/vodkapundit/2009/06/07/the-grand-unification-theory-of-sucking/

One of the biggest problems, in my view, is uncertainty. As long as the
government keeps tinkering with the system, those who make decisions will
postpone them. If an employer is confounded by what will happen six months
out regarding taxes, inflation, and the like, he'll most likely put off
hiring, borrowing, expansion, or any other business decision.

Even worse, the Obama administration is muttering about a complete overhaul
of the nation's health-care system. This potential upheaval is driving
employers nuts. Will their expenses go down? Or will they double? Who knows?
Best to just hunker down and take no chances, place no bets.

---------
* In an analysis by researches at UCLA, the conclusion that FDR's tinkering
with all manner of government programs actually delayed recovery from the
depression by seven years!

"We found that a relapse [into a depression] isn't likely unless lawmakers
gum up a recovery with ill-conceived stimulus policies."

http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 7:27 AM

On Jun 4, 5:12=A0pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

FYI....

TMT

Conservatives Are More Easily Disgusted
Robert Roy Britt

LiveScience.com robert Roy Britt

People who squirm at the sight of bugs or are grossed out by blood and
guts are more likely to be politically conservative, new studies find.

In particular, the squeamish are more apt to have conservative
attitudes about gays and lesbians.

Lots of other research has tied politics to biology and behavior. Some
quick background:

* A study last year found that when people feel physically clean,
they are less judgmental.
* Another study found that political conservatives tend to be
tidy, with organized offices, but liberals favor colorful, more
stylish but cluttered spaces.
* Political views are driven by religion, culture and even
biology, other research has shown.
* A large, global study in 2007 concluded that political
preference is 50 percent genetic.

The new studies

In one of the new studies, Cornell University psychology professor
David Pizarro and colleagues surveyed 181 U.S. adults from politically
mixed swing states. They used a Disgust Sensitivity Scale (DSS), which
offers various scenarios to assess disgust sensitivity, as well as a
political ideology scale. They found a correlation between being more
easily disgusted and political conservatism.

Then they surveyed 91 Cornell undergraduates with the DSS, as well as
with questions about their positions on issues including gay marriage,
abortion, gun control, labor unions, tax cuts and affirmative action.
Participants who rated higher in disgust sensitivity were more likely
to oppose gay marriage and abortion, issues that are related to
notions of morality or purity.

The results are detailed in the journal Cognition & Emotion.

In a separate study in the current issue of the journal Emotion,
Pizarro and colleagues found a link between higher disgust sensitivity
and disapproval of gays and lesbians. In this research, they used
implicit measures, which assess attitudes people may be unwilling to
report explicitly or that they may not even know they possess. The
studies were funded by the university.

Morals and disgust

Morals and disgust are intertwined. Research earlier this year found
that people react similarly to disgusting photographs by curling the
upper lip and wrinkling the nose. When judging behavior, our disgust
can actually make us feel physically sick.

Pizarro explains that disgust is evolution's way of protecting us from
disease. Unfortunately, in his view, disgust is now used to make moral
judgments.

Liberals and conservatives disagree about whether disgust has a valid
place in making moral judgments, Pizarro argues. Some conservatives
think there is inherent wisdom in repugnance, that feeling disgusted
about something - gay sex between consenting adults, for example - is
cause enough to judge it wrong or immoral, even lacking a concrete
reason, Pizarro explains. Liberals tend to disagree, and are more
likely to base judgments on whether an action or a thing causes actual
harm, he said.

Studying the link between disgust and moral judgment could help
explain the strong differences in people's moral opinions, Pizarro
figures. And it could offer strategies for persuading some to change
their views.

"People have pointed out for a long time that a lot of our moral
values seem driven by emotion, and in particular, disgust appears to
be one of those emotions that seems to be recruited for moral
judgments," Pizarro said.

An interesting related aside to chew on: Research published in 2007 in
the Journal of Applied Psychology found that people who think of
themselves as having high moral standards often become the worst
cheats because they pursue what they believe to be a moral end at all
cost.

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 5:12 PM

Calif Bill wrote:
> "Stuart Wheaton" <[email protected]> wrote in message
> news:[email protected]...
>> HeyBub wrote:
>>> Stuart Wheaton wrote:
>>>>> Our incompetent President
>>>> Hmmm.... Today the Dow is 600 points above where it was on the last
>>>> day of Bush.... And 200 points above where it was right after the
>>>> election...
>>> And 4,000 points below its high during the Bush years.
>>>
>>>> Gee, most of us are enjoying a tax cut, but if you are getting more
>>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>>>> "Joe the plumber" thing where you have no clue about income vs
>>>> taxable income?
>>> Right. I saw one investor who managed to save $13,000 in taxes per DAY by
>>> the simple expedient of moving from New York to Florida.
>>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>>>
>>>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>>>> buying better highways is the road to ruin?
>>> Yes. We already pay a highway tax - and right now the highway tax has a
>>> huge surplus. Blame the politicians for dipping into the highway kitty to
>>> provide psychological counseling for troubled pets.
>>>
>>>> What about the massive bill about to come due for Social Security? Are
>>>> you going to show me where you advocated paying higher taxes during
>>>> the Bush years so we could start to get ahead of the SS juggernaut?
>>> I can't; it didn't come up. You may recall that the first item on Bush's
>>> political agenda back in 2001 was reform of SS. Reform failed.
>> You thought that privatizing Social Security was reform? That explains
>> your first problem. Privatization was not reform, and in the immediate
>> future it would have made the system more unstable because the current
>> revenues would fall as contributions were siphoned off to Wall Street.
>>
>> Privatization was an attempt to damage Social security beyond repair.
>>
>> Reform of SS will require that benefits be decreased, indexed to assets,
>> and that contributions be increased, exempted wages reduced, and payouts
>> delayed. Furthermore, the U.S. Securities that George W called
>> "Worthless IOU's " Will need to be turned into cash through tax revenues
>> before they can be paid out.
>>
>> Even though we had an intense capital need hanging over our heads, W
>> pushed for tax cuts and reducing the income to SS...
>>
>> Where is the reform you spoke of?
>>
>>>> Not better, but with somewhat less carnage. Recall, it was the market
>>>> that got us here, and then screamed for mommy when their lousy
>>>> decisions put the whole economy in peril.
>>>>
>>>> How do you feel about "too big to fail?"
>>> Personally? The bigger they are, the harder they fall, but fall they
>>> must.
>
> Even FDR said that part of SS had to be private. It could not all be
> government.


I believe he said that the responsibility for retirement had to be
shared, that SS was a minimum, safety net to ensure nobody retired into
abject poverty, and to encourage older worker TO retire and clear the
employment roles for younger workers. This was part of the solution to
unemployment, paying older workers to go home and relax.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 5:07 PM

Robatoy wrote:
> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>
>> And if you can blame Bush for what happened during the last 100 days of his
>> administration, then you've got no complaint when criticism is leveled at
>> the first 100 days of Obama's.
>
> That, of course, is a crock of shit.
> Bush had the best part of 7 years to take a run at his last 100 days,
> as opposed to Obama who got the aftershocks AND he started from
> scratch.
> To compare both is ludicrous.
> I can't believe you made that comparison.
>
> r

OK, so with what do you disagree:

1) Bush had over 5 years of quarter-over-quarter growth.

2) The Dems took over Congress and in less than two years
the growth stopped.

These are both factual statements BTW, but I am less inclined to a
cause-effect relationship in 2) than the political Right believes. The
underlying problem here started way before Bush was every in office.
It has its roots in the neverending evil of believing that government
should be in the "social justice" business and that government can
ignore economic reality - to whit, that it could jigger the financial
system to "encourage" lending to low income earners, crack whores, and
other Democrats and that there would be no consequence to such a
program. The people who affirmed such programs were dead wrong. It's a
tribute to the strength of our markets and the power of Capitalism
that it took as long as it did to crater. In short, this is not a
"Bush" problem. It is a "stealing from some to give to others" problem
that's been around well over 5 decades.


BTW, Obama did not "start from scratch". He exploited an economic
problem to implement his quasi-Marxist lunacy. There were far less
overreaching ways the government could have engaged with the economy
other than taking everything over. Even assuming that the credit
liquidity problem was as bad and dangerous as claimed, Obama could
have had his silly little bailouts without also signing up for the
biggest pork spending bill in history.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:04 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> Too_Many_Tools wrote:
>>>>> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>>>>>> Robatoy wrote:
>>>>>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>>>>>> . The thing the Republicans supported - in the
>>>>>>>> last administration - was less than a trillion ($837 billion if I
>>>>>>>> recall
>>>>>>>> correctly).
>>>>>>> ...and made most of it disappear.
>>>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>>>> less than 6 months.
>>>>>>
>>>>>> --
>>>>>> ----------------------------------------------------------------------------
>>>>>> Tim Daneliuk [email protected]
>>>>>> PGP Key: http://www.tundraware.com/PGP/
>>>>> LOL...another winger who would like to live The Great Bush Depression.
>>>>>
>>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>>>> what Bush screwed up in EIGHT years?
>>>>>
>>>>> TMT
>>>> Bush's administration tried to warn the Congress there was a big problem
>>>> (repeatedly). It is the liberal Democrats that had their fingers in
>>>> their ears screaming "la la la". Moreover, even if it was all W's
>>>> fault (it isn't) the absolute worst thing that Obama could have done
>>>> was to enter upon the profligate spending plan he followed. You don't
>>>> quit heroin by taking more heroin. You don't fix an economy over
>>>> leveraged with more debt.
>>> Just curious, Tim, and with no pre-judgment, but what's your background
>>> in
>>> economics?
>>>
>>> --
>>> Ed Huntress
>>>
>>>
>> What I know about economics I learned from Adam Smith, F.A. Hayek,
>> Hazlitt, and
>> Friedman. I also learned a lot of negative things about economics
>> watching
>> politicians (on all sides) tap dance around Reality.
>
> Aha. Those are all good ones, although, if you actually read them, you
> probably recognize that many of their fundamental philosophies have fallen
> pretty badly in practice. For example, Friedman's theory is that the dollar
> should now be trading for a very a small fraction of its current price on
> world markets. He'd be scratching his head over all of the money we've been
> printing for over six months with no signs of inflation. Smith would have

I'd argue that this is hysteresis in the system and that we will see
massive inflation down the road. I *really* hope I'm wrong.

> been appalled at the idea of letting financiers self-regulate. Hazlitt had
> the unfortunate circumstance (for him) of writing about how government
> deficit spending was the road to perdition, even as the US economy was
> getting its biggest boost in history, and quickly reached unprecedented
> levels of production, from history's enormous, and equally unprecedented,
> deficit-spending spree and make-work project: World War 2. Our national debt

Noted, but it has to be said that this was money directed (for war reasons)
at projects that had enduring value after the war: roads, machinery,
manufacturing, and so forth. This is very much unlike the social justice
spending and pork projects that are the hallmark of this administration.

> soared to more than twice as much as a percentage of GDP as it is now, and
> the debt was paid off in less than a decade. In economics terms, that was

It's helpful when you win a big war.

> deficit spending and make-work all the way. The fact that the output was
> economically useless -- exploded shells, sunken ships -- only further proves
> the point.

But it wasn't useless. It created a reusable infrastructure that carried us
well into the 1980s in some cases. The actual work product was ultimately
destroyed, but so too is a new Chevy - it just takes longer. The
individual artifacts may have been economically useless but a
wealth creation engine was brought into being.

Note also that Hayek warned what would happen if the West didn't
back off its collectivist regulated economies after the war -
and then we all went off and did an experiment. Europe kept trying
to manage its economies, Easter Europe doing so with considerable
force. The U.S. threw off the shackles more-or-less as Hayek
suggested. Canada, NZ, and Australia ended up somewhere between
these two options. Guess who won the economic war? Hayek was
both predictive and, as it turned out, entirely correct.

>
> All of those writers were excellent theorists and contributed a great deal
> to what we know about economics. But they represent less than half of
> current understanding. If you haven't read the others, from Keynes to
> Schumpeter to Galbraith (a minor one, but important to understand money and
> oligopolies), to Stiglitz, you'll have a one-sided view that's based on
> comfortable-sounding theories that have, for the most part, been little
> supported in actual practice. Their logic is great. Their ability to
> predict, however, sucks in a major way.
>
> You could get a job at George Mason University, though, or Loyola, and join
> the last remaining covens of the Austrian School. <g>
>
> BTW, congratulations for reading Smith. I hardly know anyone else who has.
> I've gone through my 1072-page two-volume set twice, which probably is a
> sign of an ill-spent youth, but it's worth it just to be able to explain to
> right-wing cranks what foolish impressions they have about _The Wealth of
> Nations_. Smith assumed that economic activity had to be regulated, or greed
> would run the show. It's too bad that Greenspan didn't take him to heart.
>
> --
> Ed Huntress
>
>

Honesty compels me to admid that my study of Smith was limited to
listening to a series of lectures that summarized WON. I keep meaning
to go back and read the whole thing from cover to cover, but other
reading intervenes. In the mean time, I've sampled bits of him here
and there.

I would take some issue with your claim that the Austrians are not
well supported by practice. Because ... *no* economic school is well
supported by practice nor do any of them do a great job of macro
prediction. FDR's New (bad) Deal is cited as a victory for Keynes,
for instance. But in reality, it was the industrialization for
war that bailed him out of the Depression. It wasn't some kind
of profligate Obama-like government spending on random activities
that did it.

I also stipulate that some regulation to prevent fraud or force
is appropriate. But the intention is not to prevent greed, the
intention is to prevent theft. I am happy to see the greediest
capitalist pigs get fabulously wealthy so long as they don't
cheat people or - just as bad - do it with tax money.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 4:05 PM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> William Wixon wrote:
>>>>> "Han" <[email protected]> wrote in message
>>>>> news:[email protected]...
>>>>>
>>>>>> That is a refreshing point of view, and I would love to 100% support
>>> it.
>>>>>> However, hospitals and doctors need to be profitable, at least to the
>>>>>> extent they aren't losing money. To find the right balance between
>>>>>> reasonably profitable and not losing money is the problem, both from
>>> the
>>>>>> doctors' point of view and the patients'.
>>>>>>
>>>>>>
>>>>>> --
>>>>>> Best regards
>>>>>> Han
>>>>> i'm not an expert. i'm wondering why do hospitals need to be
>>> profitable?
>>>>> just had a thought, when the government builds a road i don't think
>>> there's
>>>>> any expectation it's going to turn a profit, it surely profits us all,
>>> and
>>>>> it enables businesses to profit, but (non-toll, and probably a good
> many
>>>>> toll) roads, i don't think, earn a profit. infrastructure. can't the
>>>>> health of citizens, by some stretch of the imagination, be considered
>>>>> "infrastructure"? or toward some common good?
>>>>>
>>>>> b.w.
>>>>>
>>>>>
>>>> I do not wish our hospitals to be run at the same levels as the DMV or
>>>> the Highway Department...
>>>
>>> Would you prefer if they were run like General Motors or AIG, those
> paragons
>>> of American business expertise?
>>>
>>> Hawke
>>>
>>>
>> Yes - they'd still be better than having the government run them.
>
>
> Let's see, they failed completely and without the government would be
> bankrupt. Sorry, but in business you can't do worse than that. So the worst
> the government could do is tie them. So why would you have any faith in
> people that ran successful businesses into bankruptcy? Just have to go with

They failed, but with Pope Obama's support (and Bush before him),
*I* now get to bail them out. That is a whole lot worse.

> private interests no matter what, huh? You would have more faith in a
> private pickpocket than the government. What does that say about your
> thinking? Or should I say inability to think critically?

The government is the worst pickpocket in existence AND has the legal
use of violence at its disposal.
>
> Hawke
>
>


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

rr

rangerssuck

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 3:52 AM

On Jun 14, 10:48=A0pm, "William Wixon" <[email protected]> wrote:
> "Han" <[email protected]> wrote in message
>
> news:[email protected]...
>
> > That is a refreshing point of view, and I would love to 100% support it=
.
> > However, hospitals and doctors need to be profitable, at least to the
> > extent they aren't losing money. =A0To find the right balance between
> > reasonably profitable and not losing money is the problem, both from th=
e
> > doctors' point of view and the patients'.
>
> > --
> > Best regards
> > Han
>
> i'm not an expert. =A0i'm wondering why do hospitals need to be profitabl=
e?
> just had a thought, when the government builds a road i don't think there=
's
> any expectation it's going to turn a profit, it surely profits us all, an=
d
> it enables businesses to profit, but (non-toll, and probably a good many
> toll) roads, i don't think, earn a profit. =A0infrastructure. =A0can't th=
e
> health of citizens, by some stretch of the imagination, be considered
> "infrastructure"? =A0or toward some common good?
>
> b.w.

Well I think you've hit the nail on the head. The problem here is that
those on the right really don't believe that there is such a thing as
"common good." They believe that the good of individuals is the only
goal. As long as I am doing well, it doesn't really matter how you are
doing - that's your problem.

dd

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 10:45 AM

On Jun 10, 3:51=A0pm, "Ed Huntress" <[email protected]> wrote:

> >In other words you would not try to quantify the effects of price
> >collusion?
>
> Why would one do so? What does cartelization or the artificial wage
> inflation extracted by FDR as a quid pro quo for relaxing collusion
> prohibitions have to do with what's going on today? It's an historical
> analysis of something that's long been rejected by economists. It has
> nothing to do with Keynesian stimulus. It had no relation to the
> pump-priming or government jobs programs that FDR also implemented. It ha=
s
> nothing to do with current government policies.

That is easy to answer. If you can not quantify the effects of price
collusion, you can not tell what effect the pump priming and
government jobs programs had.

>

> To be fair, it isn't C&O who have been doing this, directly. But that's h=
ow
> their analysis is being reported and used. And, as I suggest below, that'=
s
> what their real project is, anyway; to make the case for non-intervention=
in
> general.
>
>
> Good for you. Tell Cato and the Mises Institute. Then tell all of the
> libertarian and righty writers who are using it to suck in as many people=
as
> they can. <g> BTW, there are quite a few C&O working papers on the subjec=
t.
>

Well it would make more sense to me if you did not try to discredit C
& O. And just explained that C & O focused on the effects of
artificial wage inflation. You act as if you think that a free market
place of ideas is bad. And you seem to want to invalidate an analysis
not because it is wrong, but because it is capable of being
misinterpreted. Is the Keynesian argument so weak that it can not
stand on its own?

> >But I can find many economist that do believe that Keynes is wrong on
> >government spending. =A0In fact they took out a whole page newspaper
> >advertisement to say they were not Keynesians.
>
> "They" was the Cato Institute, who managed to get 250 economists to sign =
on
> to a short, ambiguous statement that talked about long-term policies in
> response to a short-term problem. When you have spiraling unemployment,
> talking about encouraging saving and investment is like encouraging
> abstinence to a pregnant teenager.
>
> There were 250 who signed on; you can get 250 economists to claim we shou=
ld
> return to barter and gold coin. <g> But there are an estimated 15,000
> degreed economists working in the field. Try again.
>
>
>

>
> Good. You read carefully. But look at what Cole said in an interview with
> UCLA when they published their 2004 paper:
>
> "The fact that the Depression dragged on for years convinced generations =
of
> economists and policy-makers that capitalism could not be trusted to reco=
ver
> from depressions and that significant government intervention was require=
d
> to achieve good outcomes," Cole said. "Ironically, our work shows that th=
e
> recovery would have been very rapid had the government not intervened."
>
> That's C&O's real project -- to make the case for non-intervention in
> general. But all they've been able to do is to indict wage and price
> manipulation. Here's the news: So had most other economists, by at least
> 1960 or so.
>

But by 1960 or so most economists had also decided that Keynes was
wrong.

And what are your arguments for government intervention? Can you cite
any analysis that says government intervention is effective?

> >You would have to look long and hard to
> > find a real economist, except for some Austrian School quacks, who
> > believes
> > that deficit spending or jobs programs prolonged the Depression.
>
> >But lots of real economists think that the deficit spending and jobs
> >programs were not effective in ending the Depression.
>
> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>
I find 250 well known economists including Nobel Prize winners, and
you say that is not enough. Why don't you come up with at least 250
economists that say that deficit spending and jobs programs were
effective? The truth is that you will have to look long and hard to
find real economists that are Keynesians.

So back to you d8-).

Dan


> --
> Ed Huntress

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 4:58 PM


<[email protected]> wrote in message news:44300e3f-6108-4618-9db7-
> Part of the reason I live in a place where there are not thousands of
> others in a square mile. I decided not to learn to like living with
> thousands of people in a square mile. So I took advantage of the
> right to pursue happiness, and I am a lot happier for it.

That's something I'd look for all conditions being correct. Live where
there's very little traffic, lots of trees and nature in abundance.

Of course, I'd also want some services within 20 minutes travel to be close
at hand. Supermarket, hospital, 5 star restaurant, beer store, liquor store,
bar ~ You know, the necessities in life.

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 5:37 AM


"Tim Daneliuk" <[email protected]> wrote in message
> Oh dear. The man with the self-proclaimed moral high ground
> threatens violence over a statement of empathy. Good bye...

For your fake and patronizing statement of empathy, yes violence would be
most appropriate.

You see Tim, just the fact that you offer your empathy the way you did,
speaks volumes. My best friend is not physically disabled. In all the years
I've known him, he's never once offered me any sort of empathy. I know he
has it in him because of the occasional questions he might ask or some of
the subjects we talk about when it comes to his family, but he understands
that I don't go around seeking pity and that's one reason he respects me. He
allows me to be me and the wheelchair be damned. As another example, a
number of people here such as Robatoy and FrozenNorth for example, aren't
uncomfortable making the occasional joke about my using a wheelchair. I take
it as such and laugh too, because I know there's no malice intended in their
comments. That's something pretty easy to see.

Disabled people (most of them anyway) don't want pity and they don't want to
be patronized. All they want is to be accepted for the people they are and
at least have a relatively equal footing when it comes to living their
lives. That's one area where your hated universal health care comes in. It
allows me to have a modicum of self respect and in most cases go about a
relatively normal life ~ a working life where I can contribute something and
give back the best I can. Your outlook and comments show that it's just not
in you to comprehend that, even if you were to eventually experience a
seriously affecting disability. That's something I'd never wish on anybody,
not even you, because all that would happen is that you'd hate the system
and the world even more than you currently do.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 5:33 PM

Hawke wrote:
>>> Take your pick. You can have your freedom or you can be an American but
> you
>>> can't have both. Because if you're going to be an American you have
> given up
>>> some of your freedom to be a part of something bigger and more important
>>> than just your own selfish interests. Being part of a country and "a
> people"
>> You are dead wrong. My formulation is the one the Framers had in
>> mind. Yours is the artifact of malignant 19th Century philosophy
>> and evil 20th Century politics
>
> Well, when the framers lived the population was 4 million and 90% of the
> population lived within 50 miles of the east coast. Given that, they hadn't
> a clue as to what it would take or be like to keep order in a country the
> size of this one in the 21st century. Plenty of ideas of the time have
> passed. Jefferson thought we should all be gentlemen farmers. I don't think
> he had that right. Thinking you are the only person in the world and are
> free to do anything you want is completely passe'.
>
>
>
>>> means that the society and the "people" are more important than the
>>> individuals. Otherwise why would anyone sacrifice anything for something
>>> like "country" when you are all that matters? If you choose to be a part
> of
>> You clearly haven't read or understood a shred of U.S. Revolutionary
>> history and its intellectual foundations. Guys like Locke and Jefferson
>> (and Adams, and Madison, and Paine, and Hancock, and Witherspoon, and ...)
>> would hold your view in utter contempt.
>
> They probably would but they don't have the knowledge that I have that has
> come from the hundreds of years since their passing. Times have changed and
> if you look carefully you will find that most of their ideas are either no
> longer working or are so changed that they wouldn't recognize them if they
> saw them in action today. And by the way, I hold some of their ideas in
> comtempt too. Lucky for me I have the benefit of a couple centuries of
> knowledge they didn't. Otherwise they would probably have different views
> too. I can't blame them for thinking the way they did then because they were
> ignorant of many things. But you don't have that excuse.
>
>
>
>>> society and part of a nation you make the choice to give up some of your
>>> personal freedom it's the social contract. If you don't like the terms
> then
>>> get out and find some place else where you live on your own and are not
> a
>>> part of a larger entity. But if you are a conservative you want to have
>>> everything you want for yourself without giving anything up to the
> whole. In
>>> other words the honor system won't work with people like you.
>> I am not a conservative. But you are clearly a liberal - your argument
>> is intellectually dishonest, unconnected to actual history, and ends
>> with "love my view or hit the road".
>
>
> Well, I do believe in liberal democracy, which seems alien to you even
> though you live in one. You seem to be stuck in the wrong century. All I am

You cannot possibly believe in a liberal democracy and also affirm the
place for a powerful central government. There is simply overwhelming
evidence that powerful central governments undermine liberty, freedom,
civil liberties and pretty much everything that defines a liberal
democracy.

> saying is that the world is a different place and the rules have changed.

Some rules never change:

- You have a right to defend yourself with deadly force when attacked.
- You have a right to speak freely.
- You have a right to worship as you wish, or not.
- You have right to your own property.

In short, your rights are *individual* not collective things. The failure
of both modern liberals and conservatives to grasp this will be the
undoing of the Republic.

> You don't get to do everything you want when you live in a place with
> thousands of others in a square mile, which is how most Americans live. Like
> it or not you are part of the machine, the society. There are rules to
> keeping the thing running and keeping order. You just are a romantic and
> have not accepted the realities of today's world. Can't say I blame you for
> that but this is the time and place you exist in so I'd say learn to like
> it. You'll be a lot happier.
>
> Hawke
>
>

I am very happy, in actual fact. I simply will not cooperate with the hand
the bites me. I obey the laws - all of them - to the best of my ability.
I do not cheat in personal or professional life. But I also go out
of my way to avoid helping causes and groups that espouse the views
you've described. I have - to some extent - "Gone Galt", not because
I am a "romantic" but because I simply do not wish to support evil.
An example: I have been a lifelong GM owner (most of the time). As of
the great fleecing of the the American taxpayer enabled by the MarxObama
to the benefit of the UAW, I'm buying foreign trucks from now on unless/until
something changes.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:41 PM

On Mon, 08 Jun 2009 12:14:30 -0500, Tim Daneliuk
<[email protected]> wrote:

>[email protected] wrote:
>> On Jun 8, 11:08 am, Tom Watson <[email protected]> wrote:
>>> On Mon, 08 Jun 2009 10:43:23 -0500, Tim Daneliuk
>>>
>>> <[email protected]> wrote:
>>>> I sometimes find myself in the smallest room of the house with a
>>>> printout of your "shtick" before me. It often ends up behind me.
>>> I am gratified to hear that you keep my shtick in your leebrary.
>>
>> Mr. Daneliuk in the leebrary with a shtick?
>>
>>
>>
>>
>
>Hey! A new game for the wreckers to play: Clueless.


"A hit! A very palpable hit!"

Touche'





Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

MF

Mark F

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 7:19 AM

Hawke wrote:
>>>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>>>> harmful substances, whereas "conservatives" are hard working, self
>>>>> reliant people who are very well off due to their own perseverance and
>>>>> work ethic.
>>>>>
>>>>> And yet, the few self proclaimed or suspected liberals and Obama
>>>>> supporters of this newsgroup, seem to be very well off, accomplished
>>>>> people, whereas many conservatives, while intelligent and interesting
>>>>> people on many levels, are not exactly above that kind of level of
>>>>> attainment.
>>>> Show us your data. IOW, you're talking out your a$$.
>>>>
>>>>> If that is the case, is that perhaps the time to reconsider our
>>>>> stereotypes?
>>>> Perhaps you should reconsider yours.
>>> i think what he is saying is that your stereotypes should be the
>>> same as his...
>> Ah, yes. That is the leftist's way.
>
> At least that is what you think the leftist's way is. What people are
> forgetting is that there are stereotypes, which do have some truth to them,
> and then there is reality. There are concrete things that actually make
> someone a liberal or a conservative. They each have their own ways and
> beliefs. The problem is when one side makes claims about the other side
> which are not true, which is usually the case. In this group, which is
> filled with right wingers and republicans denigration of "liberals" are
> posted constantly. That's because the "wingers" detest anyone who has views
> that are different from theirs (a conservative trait). Proof of this is the
> unending stream of criticism and invectives directed at liberals by them.
>
> Take one trait that is common among liberals; tolerance. This same trait is
> not shared or highly regarded by conservatives. A trait they like a lot more
> is authority or hierarchy. Each group has it's own group of attributes and
> they are not shared much by the other group. Both groups have a low opinion
> of the other group. But if you want to know the facts about one group or the
> other you don't ask the other side because most of what they think is wrong.
> Anyone can find the truth about liberals or conservatives if they want but
> for most people it's a lot easier to simply call the other group names and
> say nasty things about them. On this group, most of the people doing that
> are conservatives. That's is not an opinion. It's a fact.
>
> Hawke
>
>
speaking of stereotypes..... /mark

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 8:57 AM

On Jun 9, 12:16=A0am, Tim Daneliuk <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
> >> Robatoy wrote:
> >>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
> >>>> And if you can blame Bush for what happened during the last 100 days=
of his
> >>>> administration, then you've got no complaint when criticism is level=
ed at
> >>>> the first 100 days of Obama's.
> >>> That, of course, is a crock of shit.
> >>> Bush had the best part of 7 years to take a run at his last 100 days,
> >>> as opposed to Obama who got the aftershocks AND he started from
> >>> scratch.
> >>> To compare both is ludicrous.
> >>> I can't believe you made that comparison.
> >>> r
> >> OK, so with what do you disagree:
>
> >> 1) Bush had over 5 years of quarter-over-quarter growth.
>
> >> 2) The Dems took over Congress and in less than two years
> >> =A0 =A0the growth stopped.
>
> >> These are both factual statements BTW, but I am less inclined to a
> >> cause-effect relationship in 2) than the political Right believes. The
> >> underlying problem here started way before Bush was every in office.
> >> It has its roots in the neverending evil of believing that government
> >> should be in the "social justice" business and that government can
> >> ignore economic reality - to whit, that it could jigger the financial
> >> system to "encourage" lending to low income earners, crack whores, and
> >> other Democrats and that there would be no consequence to such a
> >> program. The people who affirmed such programs were dead wrong. It's a
> >> tribute to the strength of our markets and the power of Capitalism
> >> that it took as long as it did to crater. In short, this is not a
> >> "Bush" problem. It is a "stealing from some to give to others" problem
> >> that's been around well over 5 decades.
>
> >> BTW, Obama did not "start from scratch". He exploited an economic
> >> problem to implement his quasi-Marxist lunacy. There were far less
> >> overreaching ways the government could have engaged with the economy
> >> other than taking everything over. Even assuming that the credit
> >> liquidity problem was as bad and dangerous as claimed, Obama could
> >> have had his silly little bailouts without also signing up for the
> >> biggest pork spending bill in history.
>
> >> --
> >> ----------------------------------------------------------------------=
------
> >> Tim Daneliuk =A0 =A0 [email protected]
> >> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
>
> > Tim...the supposed growth you are noting is smoke.
>
> > Want to tell us how the deficit spending was doing at that time?
>
> > And very convenient how you are ignoring the money that Bush threw at
> > the liquidity problem...are you legally blind to any Republican
> > faults?
>
> > TMT
>
> Bush did not throw liquidity at the problem. =A0The Fed did, and they
> are nominally an independent board.
>
> The growth - much of it - was very real. =A0The problem today is not
> that there was not real growth, it is that the system got hijacked
> by an irresponsible government, population, and credit system
> for decades in some cases.
>
> Deficit spending did amp up under W - something he is very properly
> criticized for. =A0And yes, there are many Republican faults. =A0But
> this subthread of "it's all W's fault" is nonsense. =A0If W is guilty
> in part, it is a pretty small part. =A0There are decades of governmental
> stupidity that account for far, far more. =A0A casual look at your
> tax booklet will illuminate the fact that well over half of
> Federal government spending is on social entitlements that are neither
> Constitutionally legitimate, nor a very smart investement. =A0You want
> to blame someone, start with FDR, visit Johnson, Nixon, Carter,
> Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
> Durbin, Schumer, et al. =A0And yes, I left Reagan out because his few
> downsides here were vastly overweighed by the peace dividend he
> produced in finally decapitating the Sovs.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

Uh...better check out who Mr. Bailout really was....Bush.

TMT

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 5:28 PM

J. Clarke wrote:
> HeyBub wrote:
>> rangerssuck wrote:
>>>> Public policy made on the basis of ancedotal or apophrycal instances
>>>> or the "how would you feel if..." mantra is virtually guaranteed to
>>>> be bad public policy.
>>> Guaranteed by whom? The entire concept of insurance is based on "what
>>> if."
>> Guaranteed by the laws of unintended consequences. "How would you
>> feel if your grandmother was run over by an 18-wheeler?" would be a
>> ghastly reason to ban interstate trucking.
>>
>> Insurance is NOT based on single episodes (unless you're talking
>> about a Lloyd's policy on the size of Pam Anderson's tits).
>
> A real world example was the guy who took out a policy with Lloyds that paid
> off if they put a man on the Moon the year the Mets won the pennant. Who'da
> thunk . . .
>

Like most of the Credit Default Swaps, this isn't really insurance. It
is pure gambling and should be handled through bookies.

If a person wants insurance, they ought to be required to show how the
event they are insuring against can actually hurt them. And the degree
to which they can be hurt should be the limit of their insurability.

Otherwise they should see a bookie.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 7:49 AM

On Jun 4, 11:13=A0pm, "Hawke" <[email protected]> wrote:
> > >>> There seems to be a stereotype that "liberals" are the lazy sorts o=
f
> > >>> people who interrupt TV viewing only to go to soup lines, or smoke
> > >>> harmful substances, whereas "conservatives" are hard working, self
> > >>> reliant people who are very well off due to their own perseverance =
and
> > >>> work ethic.
>
> > >>> And yet, the few self proclaimed or suspected liberals and Obama
> > >>> supporters of this newsgroup, seem to be very well off, accomplishe=
d
> > >>> people, whereas many conservatives, while intelligent and interesti=
ng
> > >>> people on many levels, are not exactly above that kind of level of
> > >>> attainment.
>
> > >> Show us your data. =A0IOW, you're talking out your a$$.
>
> > >>> If that is the case, is that perhaps the time to reconsider our
> > >>> stereotypes?
>
> > >> Perhaps you should reconsider yours.
>
> > >i think what he is saying is that your stereotypes should be the
> > >same as his...
>
> > Ah, yes. =A0That is the leftist's way.
>
> At least that is what you think the leftist's way is. What people are
> forgetting is that there are stereotypes, which do have some truth to the=
m,
> and then there is reality. There are concrete things that actually make
> someone a liberal or a conservative. They each have their own ways and
> beliefs. The problem is when one side makes claims about the other side
> which are not true, which is usually the case. In this group, which is
> filled with right wingers and republicans denigration of "liberals" are
> posted constantly. That's because the "wingers" detest anyone who has vie=
ws
> that are different from theirs (a conservative trait). Proof of this is t=
he
> unending stream of criticism and invectives directed at liberals by them.
>
> Take one trait that is common among liberals; tolerance. This same trait =
is
> not shared or highly regarded by conservatives. A trait they like a lot m=
ore
> is authority or hierarchy. Each group has it's own group of attributes an=
d
> they are not shared much by the other group. Both groups have a low opini=
on
> of the other group. But if you want to know the facts about one group or =
the
> other you don't ask the other side because most of what they think is wro=
ng.
> Anyone can find the truth about liberals or conservatives if they want bu=
t
> for most people it's a lot easier to simply call the other group names an=
d
> say nasty things about them. On this group, most of the people doing that
> are conservatives. That's is not an opinion. It's a fact.
>
> Hawke

Well said.

TMT

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 4:21 PM

Hawke wrote:
> Since he's an economist and has written a book and mentions this specifically I
> think his statistics are probably accurate.

This statement would be achingly funny if it weren't so achingly sad...

Google "Dismal Science"...

----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

dd

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 5:25 AM

On Jun 10, 11:32=A0am, "Ed Huntress" <[email protected]> wrote:

> Sorry, I was being too obscure. There is the C&O Railroad, and there is t=
he
> railroading by Cole & Ohanian, which I was referring to. <g>
>
I immediately thought of the Chesapeake and Ohio Railroad and never
suspected you were attempting to disparage Cole and Ohanian. That is
until about an hour after I had posted the reply.


> >So what kind of projection would you suggest?
>
> None at all.

In other words you would not try to quantify the effects of price
collusion?
>


> Here are the issues: The New Deal policies that are criticized, and which
> are unlikely ever to be repeated, were price collusion that was encourage=
d
> by FDR, and the wage increases that were the quid pro quo for the governm=
ent
> allowing the price collusion. Based on theories at the time, FDR's
> economists read the problem as one of insufficient demand, which they tri=
ed
> to pump up by increasing wages. No one ever is likely to make those mista=
kes
> again. Even so, only half of the economists surveyed thought they prolong=
ed
> the Depression.
>
> The righty economists and writers try to give a different impression,
> however. They want you to believe that half of the economists think that =
it
> was *deficit spending* or make-work that prolonged the Depression. You wo=
n't
> find many economists who believe that.

I read C & O 's working paper and was not sucked into believing that
they had addressed deficit spending or the make work.

But I can find many economist that do believe that Keynes is wrong on
government spending. In fact they took out a whole page newspaper
advertisement to say they were not Keynesians.
>

>
> But the bottom line is that C&O would like you to believe that the whole
> Keynesian approach was at fault.

This may be what a lot of people want you to believe, but I see no
evidence that C & O said anything about the Keynesian approach in
their working paper.

>You would have to look long and hard to
> find a real economist, except for some Austrian School quacks, who believ=
es
> that deficit spending or jobs programs prolonged the Depression.
>
But lots of real economists think that the deficit spending and jobs
programs were not effective in ending the Depression.

Dan
> --
> Ed Huntress

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 5:25 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>
>> <SNIP>
>>
>>> Before we go off on a tangent, let me see if we understand each other
>>> about
>>> how the pharma business works.
>> Heaven forbid we go off on a tangent in this thread...
>
> <snip again>
>
> Tim, we can go around on this endlessly, but let me give one example that
> illustrates how our present health insurance system has completely
> screwed-up incentives. This is a case I was involved in, so I can testify as
> to its accuracy.
>
> A few years ago Beth Israel Hospital in New York set up a preventive-care
> clinic for diabetes. They're among the top experts, and they know how to
> keep diabetes under control. They could save endless agony and huge expenses
> with a good program.
>
> Within nine months, they had to close it down. They could enroll a person in
> the program for a little over $300/yr., but private insurers wouldn't pay
> for it.
>
> Yet, those same insurers didn't blink an eye to pay $50,000 for a foot
> amputation. You might think that the issue was total costs; that there were
> few enough amputations that it was cheaper. Even if that were true, it would
> be an extraordinary perversion of health care. But it wasn't true. The
> preventive care for diabetes actually saves private insurers money; not only
> on amputations, but on eye surgery, kidney dialysis, and many other
> expensive treatments that diabetics often face later in life.
>
> Here's what was learned, inquiring with consultants for health insurers. The
> problem with preventive care, from an insurer's point of view, is that the
> average American stays with one insurance company only for 3-1/2 years on
> the average. So if health insurer A pays for preventive care, it's insurer B
> who benefits from the cost saving.
>
> No kidding. That was it. That, we've learned, is a primary reason that
> private insurers won't pay for much preventive care in the US.
>
> Can you think of a way to correct that without regulation? Nobody has
> succeeded; good luck to you. It's that kind of calculation that is the
> beginning of the whole incentive screw-up. It's one example. There are many
> more.
>
> Some kind of system must be set up to change the incentive structure. And
> the uninsured must be insured; they cost all of us a lot more running to ERs
> than they would with good preventive family care.
>
> The insurance industry isn't up to the job. They've proven it over and over
> again. IMO, there is no reason to socialize medicine itself. What we need is
> some kind of grab-'em-by-the-lapels grip on insurance -- public or
> private -- that makes it work for everyone, and that avoids the twisted,
> perverse results that come from "free market" insurance. Like the Beth
> Israel example.
>
> We also need tort reform, and a system of protections (and reviews) for
> medical practice that keeps it out of the courts, except in exceptional
> cases. That should all but kill the outrageous malpractice insurance
> business. Good riddance.
>
> Doctors have to get off the payrolls of pharma -- I often wrote the
> invitations and made the cash offers for them to speak at "seminars," so
> I've been there. And if you succeed in getting the rest of the world to stop
> controlling drug prices, we'll build you a bronze statue and put it in
> Central Park. <g> I don't see that happening in our lifetimes.
>
> No system anywhere in the world is without faults. There is no system we'd
> want to copy. At the same time, ours has some very large faults, too. People
> who think our present system gives us "choice" don't realize that many of
> the choices have already been made for us, by the medical directors and
> their committees in the managed-care insurance companies. If they won't pay
> for it, it isn't available, almost without exception. And if one company
> won't pay for it, there is no reason for another insurer to do so. They're
> competitive businesses in theory; they're oligopolies in reality. The
> interest of one aligns with the interest of another, so they all tend to
> offer about the same things.
>
> Now I have to get back to work. Good talking to you.
>
> --
> Ed Huntress
>
>

Likewise - it was thought provoking. When I solve the problem, I'll
let you know :)


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:40 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Too_Many_Tools wrote:
> > LOL...another winger who would like to live The Great Bush Depression.
> >
> > What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> > what Bush screwed up in EIGHT years?
>
> Bush Depression? That's not true.
>
> During the Bush years we had 22 consecutive quarters of economic growth.
Low
> unemployment, high productivity, and negligible inflation. All this in
spite
> of Katrina, two wars, and a couple of bursting bubbles.
>
> Then the Democrats took over Congress.
>
> It took them less than 18 months to fuck it all up.
>
> Here's one chart I could find regarding recent GDP growth by quarter:
> http://www.economicshelp.org/blog/economics/us-economic-growth-statistics/
>
> Notice the rough average for the Bush years shown is about 2.25%. Since
the
> 3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
> and unemployment is 9.8%.
>
> And if you can blame Bush for what happened during the last 100 days of
his
> administration, then you've got no complaint when criticism is leveled at
> the first 100 days of Obama's.


Since you are of the mistaken belief that things started going downhill as
soon as the Democrats got a numerical majority in 2007 perhaps you will tell
us what exactly they did. You can show the group all the legislation they
passed over the heads of Bush and the republicans and how they controlled
things. You think the Democrats messed things up, not Bush, so give us the
cites of what they actually accomplished in 2007 and 2008. But I'll save you
the trouble. They got nothing done. They didn't over ride Bush's vetoes and
they didn't pass any legislation the republicans didn't want passed. So the
truth is you're completely wrong. The Democrats were virtually powerless in
'07 and '08 and did nothing. Even though in the majority in the House the
Democrats were blocked from anything they wanted to do by the president and
the republicans in the senate. Which means the debacle was all the fault of
Bush and the republicans. Now if things go down from here it will be on
Obama's watch.

Hawke

jj

jo4hn

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 11:10 AM

HeyBub wrote:
> rangerssuck wrote:
>> Well I think you've hit the nail on the head. The problem here is that
>> those on the right really don't believe that there is such a thing as
>> "common good." They believe that the good of individuals is the only
>> goal. As long as I am doing well, it doesn't really matter how you are
>> doing - that's your problem.
>
> Right. Adam Smith settled this hash in the 18th Century with the publication
> of "The Wealth of Nations." In that work, he posited the "Invisible Hand"
> (viz.) concept which, briefly, says that when all act in their own best
> interests, the community, as a whole, prospers.
>
> Conversely, history has demonstrated that when all are compelled to work for
> the "common good" the community suffers.
>
>
Or to paraphrase Greenspan (The Age of Turbulence), "when all act in
their own best interests with honesty and transparency..." History has
also demonstrated that honesty is not the normal situation.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:34 AM

Hawke wrote:
>>>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>>>> harmful substances, whereas "conservatives" are hard working, self
>>>>> reliant people who are very well off due to their own perseverance and
>>>>> work ethic.
>>>>>
>>>>> And yet, the few self proclaimed or suspected liberals and Obama
>>>>> supporters of this newsgroup, seem to be very well off, accomplished
>>>>> people, whereas many conservatives, while intelligent and interesting
>>>>> people on many levels, are not exactly above that kind of level of
>>>>> attainment.
>>>> Show us your data. IOW, you're talking out your a$$.
>>>>
>>>>> If that is the case, is that perhaps the time to reconsider our
>>>>> stereotypes?
>>>> Perhaps you should reconsider yours.
>>> i think what he is saying is that your stereotypes should be the
>>> same as his...
>> Ah, yes. That is the leftist's way.
>
> At least that is what you think the leftist's way is. What people are
> forgetting is that there are stereotypes, which do have some truth to them,
> and then there is reality. There are concrete things that actually make
> someone a liberal or a conservative. They each have their own ways and
> beliefs. The problem is when one side makes claims about the other side
> which are not true, which is usually the case. In this group, which is
> filled with right wingers and republicans denigration of "liberals" are
> posted constantly. That's because the "wingers" detest anyone who has views
> that are different from theirs (a conservative trait). Proof of this is the
> unending stream of criticism and invectives directed at liberals by them.
>
> Take one trait that is common among liberals; tolerance. This same trait is
> not shared or highly regarded by conservatives. A trait they like a lot more

Yes conservatives are guilty of often clinging to rules for their own
sake, even when they don't make sense. Liberals - as the term is
currently constituted - tolerate almost everything including evil,
stupidity, lack of judgment, lack of personal accountability, and lack
of moral courage. As a group, today's liberals live in a world driven
by their ambitions not by any recognizable reality. They are always
astonished when their fairyland ideas fail spectacularly. The liberals
are either the authors of accelerators of almost every single failed
policy in the West but have become masters of blaming everyone else
for their own misdeeds - not unlike their voting base does on a
day-to-day basis.

The one thing that liberals *cannot* seem to tolerate is anyone with
whom they disagree. As William F. Buckley aptly noted:

“Liberals do a great deal of talking about hearing other points of
view, but it sometimes shocks them to learn that there are other
points of view.”

The only thing breathing any life into liberal ideology today is the
intellectual, moral, and ideological bankruptcy among conservatives
who - as a political movement at least - have traded electability for
principle.

Vote libertarian ...



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 7:43 PM

On Jun 7, 10:17=A0pm, "HeyBub" <[email protected]> wrote:

>. The thing the Republicans supported - in the
> last administration - was less than a trillion ($837 billion if I recall
> correctly).

...and made most of it disappear.

GA

Gunner Asch

in reply to Robatoy on 07/06/2009 7:43 PM

14/06/2009 1:25 PM

On Tue, 9 Jun 2009 07:44:51 -0500, "HeyBub" <[email protected]>
wrote:

>Tim Daneliuk wrote:
>.
>>
>> "Most" of it was no such thing. A good many of us that are
>> careful investors never touched a CDO, never overleveraged
>> our mortgages, and would have been just fine through all this
>> except for one thing: Our incompetent President is busy
>> both taking wealth away from those who have it, worse still
>> destroying the institutions that create it, and worst of all,
>> pursuing a profligate spending policy that assures the
>> devastation of wealth over the longer term. In effect,
>> those of us that acted responsibly are seeing our life's
>> work stolen from us and given to the irresponsible poor
>> and the irresponsible rich. And *that* is Obama's true
>> legacy in the making.
>>
>
>There's a method to his seeming madness. Believing, as he does, in equality
>of wealth, by driving up the debt he insures that the affluent, for decades
>to come, will have much of their capital drained away through taxes. This
>will improve "equality" and diminish the spread between the wealthy and the
>poor. We all will get closer to parity.

And Poverty


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

SP

Spehro Pefhany

in reply to Robatoy on 07/06/2009 7:43 PM

09/06/2009 5:17 PM

On Tue, 9 Jun 2009 16:04:15 -0500, "HeyBub" <[email protected]>
wrote:

>Robatoy wrote:
>> On Jun 9, 8:41 am, "HeyBub" <[email protected]> wrote:
>>
>>>
>>> And there are still some adults in positions of responsibility. Ruth
>>> Bader Ginsburg(!) just ordered a stay in the sale of Chrysler to
>>> Fiat to keep 1st priority bond holders from being forced to take 23¢
>>> on the dollar.
>>
>> By the time those efficiency experts at SCOTUS are done with this,
>> they'll be lucky to get 10¢ on the dollar.
>
>The court is not into "efficiency," they're into the rule of law. The deal
>with Fiat was a clear violation of both bankruptcy and contract statutes.
>The Chrysler bond holders - pension trustees, insurance companies, and the
>like - owed a clear fiduciary duty to their members to protest.
>
>As I understand it, the bonds were bought with the provision that, in the
>event of bankruptcy, the bond holders would be paid first and at a
>significantly higher rate that the 23% that the Obama administration
>insisted upon.

How much are they estimated to get if Chrysler is LIQUIDATED?

You can't get blood from a stone, but you can suck lots of money from
the public treasury.

TW

Tom Watson

in reply to Robatoy on 07/06/2009 7:43 PM

08/06/2009 11:23 PM

On Mon, 08 Jun 2009 20:04:31 -0700, evodawg <[email protected]>
wrote:

>Tom Watson wrote:

>> The study of history is the great remedy for palpitations of this
>> sort.
>>
>> You might want to look at the brevity of the Attic Republic and the
>> even more brief history of the Roman. The French, for brevity, is the
>> soul of wit.


>
>Roman, as in the Roman Empire. What would be considered brief? Roman Empire
>was very successful. One of my most favorite times of history, Ancient
>European History.


sigh...






Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

JR

"John R. Carroll"

in reply to Robatoy on 07/06/2009 7:43 PM

09/06/2009 3:18 PM


"Spehro Pefhany" <[email protected]> wrote in message
news:[email protected]...
> On Tue, 9 Jun 2009 16:04:15 -0500, "HeyBub" <[email protected]>
> wrote:
>
>>Robatoy wrote:
>>> On Jun 9, 8:41 am, "HeyBub" <[email protected]> wrote:
>>>
>>>>
>>>> And there are still some adults in positions of responsibility. Ruth
>>>> Bader Ginsburg(!) just ordered a stay in the sale of Chrysler to
>>>> Fiat to keep 1st priority bond holders from being forced to take 23¢
>>>> on the dollar.
>>>
>>> By the time those efficiency experts at SCOTUS are done with this,
>>> they'll be lucky to get 10¢ on the dollar.
>>
>>The court is not into "efficiency," they're into the rule of law. The deal
>>with Fiat was a clear violation of both bankruptcy and contract statutes.
>>The Chrysler bond holders - pension trustees, insurance companies, and the
>>like - owed a clear fiduciary duty to their members to protest.
>>
>>As I understand it, the bonds were bought with the provision that, in the
>>event of bankruptcy, the bond holders would be paid first and at a
>>significantly higher rate that the 23% that the Obama administration
>>insisted upon.
>
> How much are they estimated to get if Chrysler is LIQUIDATED?

Probably all of it. These bonds are covered by credit default swaps for the
most part.
The thing is, the CDS's don't pay if there is a negotiated settlement so
these bond holders have a real interest in seeing Chrysler default first.

JC

TW

Tom Watson

in reply to Robatoy on 07/06/2009 7:43 PM

08/06/2009 10:34 PM

On Mon, 08 Jun 2009 19:25:56 -0700, evodawg <[email protected]>
wrote:


>While your reading you might want to check out "Liberty and Tyranny" by Mark
>Levin. Great read!


He lives a few miles from me.

I've spoken with him.

Nice man.



Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

Hh

"HeyBub"

in reply to Robatoy on 07/06/2009 7:43 PM

10/06/2009 8:53 AM

Spehro Pefhany wrote:
>
> How much are they estimated to get if Chrysler is LIQUIDATED?
>
> You can't get blood from a stone, but you can suck lots of money from
> the public treasury.

The bond holders no doubt calculated that before protesting. Probably more
than the 23% being forced on them now.

dd

in reply to Curious Man on 04/06/2009 10:12 PM

23/06/2009 5:51 AM

On Jun 22, 10:23=A0pm, "Hawke" <[email protected]> wrote:


>
> We have three good choices for quality health care, four actually. Being
> French or Canadian, being filthy rich, or being a member of congress. God
> Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
> member of the unwashed masses sucks.
>
> Hawke

I think it ought to be a requirement that members of Congress have to
use only whatever government health plan they come up with.

Dan

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:53 AM

On Jun 8, 11:43=A0am, Tim Daneliuk <[email protected]> wrote:
> Tom Watson wrote:
> > On Mon, 08 Jun 2009 01:58:09 -0500, Tim Daneliuk
> > <[email protected]> wrote:
>
> >> Until/unless the Sheeple decide that being free is better than being a
> >> well kept by the political classes, the republic is doomed ...
>
> > I've sent some of your shtick over to Jeff Dunham. =A0Please send him a
> > photo so he can carve a good likeness.
>
> I sometimes find myself in the smallest room of the house with a
> printout of your "shtick" before me. =A0It often ends up behind me.
>

Ahhh, so THAT is the source for your ideas...

MA

"Michael A. Terrell"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 10:02 PM


rjd wrote:
>
> On Jun 4, 6:12 pm, Curious Man <[email protected]> wrote:
> > There seems to be a stereotype that "liberals" are the lazy sorts of
> > people who interrupt TV viewing only to go to soup lines, or smoke
> > harmful substances, whereas "conservatives" are hard working, self
> > reliant people who are very well off due to their own perseverance and
> > work ethic.
> >
> > And yet, the few self proclaimed or suspected liberals and Obama
> > supporters of this newsgroup, seem to be very well off, accomplished
> > people, whereas many conservatives, while intelligent and interesting
> > people on many levels, are not exactly above that kind of level of
> > attainment.
> >
> > If that is the case, is that perhaps the time to reconsider our
> > stereotypes?
> >
> > Curious Man
>
> If I liberally apply a protective finish to one of my wood projects to
> conserve it, what does that make me?


A woodworker.


--
You can't have a sense of humor, if you have no sense!

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:49 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Ed Huntress wrote:
>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> HeyBub wrote:
>> As for historical examples, look again at the aftermath of WWII. Our
>> national debt was over 120% of our GDP -- twice what it will be at the
>> end
>> of this year -- yet we paid it down and the economy got going.
>>
>> There's a lot of skepticism about whether there's room for that kind of
>> growth today, and I'm somewhat skeptical, myself. But, once again, that's
>> the hand we're dealt, and it's the only game in town. Head down, hang
>> onto
>> the ball, and charge through that line...
>>
>
> I sure hope you're right ...

This is going to be, that's right - going to be, ugly.


JC

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:19 PM

On Jun 11, 6:09=A0pm, "HeyBub" <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 11, 4:21 pm, Tim Daneliuk <[email protected]> wrote:
>
> >> Apparently, at least in some
> >> quarters, the most complicated information space people are capable
> >> of considering is binary.
>
> > You mean: (Bush quote)
>
> > "You're either for us, or against us?"
>
> Sigh. Bush actually said: "Either you are with us, or you are with the
> terrorists."
>
Same difference. Semantics. he was doing his bully bit.
Either way, the choice was a binary one.

And the only place where there might be some confusion about the Bush/
Jesus bit, is in Bush's mind.

cue: Daneliuk and his Obamasiah bit

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 3:01 PM

On Jun 9, 12:59=A0pm, Tim Daneliuk <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 9, 12:16 am, Tim Daneliuk <[email protected]> wrote:
> >> Too_Many_Tools wrote:
> >>> On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
> >>>> Robatoy wrote:
> >>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
> >>>>>> And if you can blame Bush for what happened during the last 100 da=
ys of his
> >>>>>> administration, then you've got no complaint when criticism is lev=
eled at
> >>>>>> the first 100 days of Obama's.
> >>>>> That, of course, is a crock of shit.
> >>>>> Bush had the best part of 7 years to take a run at his last 100 day=
s,
> >>>>> as opposed to Obama who got the aftershocks AND he started from
> >>>>> scratch.
> >>>>> To compare both is ludicrous.
> >>>>> I can't believe you made that comparison.
> >>>>> r
> >>>> OK, so with what do you disagree:
> >>>> 1) Bush had over 5 years of quarter-over-quarter growth.
> >>>> 2) The Dems took over Congress and in less than two years
> >>>> =A0 =A0the growth stopped.
> >>>> These are both factual statements BTW, but I am less inclined to a
> >>>> cause-effect relationship in 2) than the political Right believes. T=
he
> >>>> underlying problem here started way before Bush was every in office.
> >>>> It has its roots in the neverending evil of believing that governmen=
t
> >>>> should be in the "social justice" business and that government can
> >>>> ignore economic reality - to whit, that it could jigger the financia=
l
> >>>> system to "encourage" lending to low income earners, crack whores, a=
nd
> >>>> other Democrats and that there would be no consequence to such a
> >>>> program. The people who affirmed such programs were dead wrong. It's=
a
> >>>> tribute to the strength of our markets and the power of Capitalism
> >>>> that it took as long as it did to crater. In short, this is not a
> >>>> "Bush" problem. It is a "stealing from some to give to others" probl=
em
> >>>> that's been around well over 5 decades.
> >>>> BTW, Obama did not "start from scratch". He exploited an economic
> >>>> problem to implement his quasi-Marxist lunacy. There were far less
> >>>> overreaching ways the government could have engaged with the economy
> >>>> other than taking everything over. Even assuming that the credit
> >>>> liquidity problem was as bad and dangerous as claimed, Obama could
> >>>> have had his silly little bailouts without also signing up for the
> >>>> biggest pork spending bill in history.
> >>>> --
> >>>> --------------------------------------------------------------------=
--------
> >>>> Tim Daneliuk =A0 =A0 [email protected]
> >>>> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
> >>> Tim...the supposed growth you are noting is smoke.
> >>> Want to tell us how the deficit spending was doing at that time?
> >>> And very convenient how you are ignoring the money that Bush threw at
> >>> the liquidity problem...are you legally blind to any Republican
> >>> faults?
> >>> TMT
> >> Bush did not throw liquidity at the problem. =A0The Fed did, and they
> >> are nominally an independent board.
>
> >> The growth - much of it - was very real. =A0The problem today is not
> >> that there was not real growth, it is that the system got hijacked
> >> by an irresponsible government, population, and credit system
> >> for decades in some cases.
>
> >> Deficit spending did amp up under W - something he is very properly
> >> criticized for. =A0And yes, there are many Republican faults. =A0But
> >> this subthread of "it's all W's fault" is nonsense. =A0If W is guilty
> >> in part, it is a pretty small part. =A0There are decades of government=
al
> >> stupidity that account for far, far more. =A0A casual look at your
> >> tax booklet will illuminate the fact that well over half of
> >> Federal government spending is on social entitlements that are neither
> >> Constitutionally legitimate, nor a very smart investement. =A0You want
> >> to blame someone, start with FDR, visit Johnson, Nixon, Carter,
> >> Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
> >> Durbin, Schumer, et al. =A0And yes, I left Reagan out because his few
> >> downsides here were vastly overweighed by the peace dividend he
> >> produced in finally decapitating the Sovs.
>
> >> --
> >> ----------------------------------------------------------------------=
------
> >> Tim Daneliuk =A0 =A0 [email protected]
> >> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
>
> > Uh...better check out who Mr. Bailout really was....Bush.
>
> > TMT
>
> It seems you have trouble with both reading what I wrote and elementary
> arithmetic. =A0Bush improperly spent money - he was a Republican statist.
> But he spent a *fraction* of the money - even on bailouts - that
> the current Marxist-in-all-but-name President has and intends to.
> Bush was a broken leg to the republic. =A0Our Dear Leader of the moment
> is a fatal cancer.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

LOL...you seem to have a serious problem in understanding reality.

All the academic theory that you care to post will not change the
reality that Bush got us to where we are today.

A Country seriously in debt, fighting two wars, and millions of people
whose 401ks are close to zero along with their homes being foreclosed
on.

And history will show it as I described.


TMT

rr

rangerssuck

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 3:54 AM

On Jun 14, 8:17=A0pm, "HeyBub" <[email protected]> wrote:
> Hawke wrote:
>
> > Hey, it's not the guy's fault. He's ignorant. He's never had a health
> > problem that threatened everything he owns. He's never had a health
> > insurance company cancel his policy because he has a problem they
> > don't want to pay for or he's never had them raise premiums so high
> > he can't pay them, and he's never had his employer drop his insurance
> > and make him pay for it himself. Everyone who has had any of those
> > things happen or simply doesn't have the money to afford insurance
> > understands what is wrong. The good thing is that it's only a matter
> > of time before him or someone in his family has one of those things
> > happen. He'll sing a different tune when he or his wife has cancer
> > and his insurance company says the treatment isn't covered. Just
> > wait, it'll happen sooner or later. But that is what it'll take for
> > him to get it.
>
> Public policy made on the basis of ancedotal or apophrycal instances or t=
he
> "how would you feel if..." mantra is virtually guaranteed to be bad publi=
c
> policy.

Guaranteed by whom? The entire concept of insurance is based on "what
if."

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 1:39 PM

Morris Dovey wrote:
> Curious Man wrote:
>> There seems to be a stereotype that "liberals" are the lazy sorts of
>> people who interrupt TV viewing only to go to soup lines, or smoke
>> harmful substances, whereas "conservatives" are hard working, self
>> reliant people who are very well off due to their own perseverance and
>> work ethic.
>>
>> And yet, the few self proclaimed or suspected liberals and Obama
>> supporters of this newsgroup, seem to be very well off, accomplished
>> people, whereas many conservatives, while intelligent and interesting
>> people on many levels, are not exactly above that kind of level of
>> attainment.
>>
>> If that is the case, is that perhaps the time to reconsider our
>> stereotypes?
>
> I've always thought that "conservative" meant "not in favor of changing
> some established norm"; and that "liberal" indicated a willingness to
> try new approaches...
>
> I had a seventh grade teacher who gave my class some interesting
> guidance: "I don't want you to have closed minds, nor do I want you to
> have open minds," he said, "I want you to have /openable/ minds - to
> hold to what you know to be true, and to be prepared to replace the old
> ideas when you gave good reason to /decide/ that something is more true
> or works better."
>
> Does that make one a conservative liberal or a liberal conservative? :)

Whatever it is, I'm one of 'em. :-)

--
Any given amount of traffic flow, no matter how
sparse, will expand to fill all available lanes.
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 8:59 AM

On Jun 9, 12:24=A0am, Tim Daneliuk <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 8, 3:52 pm, "HeyBub" <[email protected]> wrote:
> >> Too_Many_Tools wrote:
> >>> LOL...another winger who would like to live The Great Bush Depression=
.
> >>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> >>> what Bush screwed up in EIGHT years?
> >> Bush Depression? That's not true.
>
> >> During the Bush years we had 22 consecutive quarters of economic growt=
h. Low
> >> unemployment, high productivity, and negligible inflation. All this in=
spite
> >> of Katrina, two wars, and a couple of bursting bubbles.
>
> >> Then the Democrats took over Congress.
>
> >> It took them less than 18 months to fuck it all up.
>
> >> Here's one chart I could find regarding recent GDP growth by quarter:h=
ttp://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>
> >> Notice the rough average for the Bush years shown is about 2.25%. Sinc=
e the
> >> 3rd quarter of 2007, the growth of GDP has plummeted and is now about =
-4%
> >> and unemployment is 9.8%.
>
> >> And if you can blame Bush for what happened during the last 100 days o=
f his
> >> administration, then you've got no complaint when criticism is leveled=
at
> >> the first 100 days of Obama's.
>
> > The Great Bush Depression.
>
> > If Obama isn't sucessful, your children will remember it as that.
>
> If Obama is successful, the republic will at least be deeply damaged
> and may not ever recover fully.
>
> If he is not successful it will hopefully remind the Sheeple why they
> kicked Carter out after one term and why they need to do the same
> with Obama.
>
> What our children (and grandchildren, and their children ...) will call
> anything is moot. =A0They'll be too busy paying off this generation's
> debt fostered in parts by a stupidly run government trying to spend
> its way out of debt, a bunch of greedy pigs in the population that
> want all the trappings of affluence whether they've earned them
> or not, and some unprincipled financial folks who knew they could
> take insane risk because the Obama's of this world would bail out
> their mistakes. =A0No, I don't think they'll call it The Great Bush
> Depression. =A0I think they'll call it "How I Got Shafted By My
> Stupid, Greedy, #$%^&* Grandparents".
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

You mean as they will be paying off the deficit that Bush ran up?

Amazing how you completely ignore the Republican contribution.

Are you aware that Cheney recently admitted that there was NO
connection between Iraq and 9/11.

So why did we fight a TRILLION dollar war?

TMT

dd

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 7:13 PM

On Jun 14, 2:00=A0am, "Hawke" <[email protected]> wrote:

> What's irritating is that no matter how many times you show these numbers=
to
> right wing guys it just doesn't sink in
>
> Hawke

Just to irritate you some more, it still has not sunk in. The problem
is while it is easy to come up with those numbers, it is a lot harder
to know why. Correlation does not mean cause and effect.

An easy way to decrease the cost of healthcare in the US, would be to
eliminate all procedures which will only prolong someones life by six
months and also eliminate all procedures that do not have a proven
success record. If we had done this say thirty years ago, we would
not have any heart transplants , artificial heart valves, etc.

Dan

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 4:20 PM

On Jun 8, 6:07=A0pm, Tim Daneliuk <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>
> >> And if you can blame Bush for what happened during the last 100 days o=
f his
> >> administration, then you've got no complaint when criticism is leveled=
at
> >> the first 100 days of Obama's.
>
> > That, of course, is a crock of shit.
> > Bush had the best part of 7 years to take a run at his last 100 days,
> > as opposed to Obama who got the aftershocks AND he started from
> > scratch.
> > To compare both is ludicrous.
> > I can't believe you made that comparison.
>
> > r
>
> OK, so with what do you disagree:
>
> 1) Bush had over 5 years of quarter-over-quarter growth.
>
> 2) The Dems took over Congress and in less than two years
> =A0 =A0the growth stopped.
>

I see neither component in my post.
Stop trying to steer the discussion with your straw men and red
herrings.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 8:36 AM

Hawke wrote:
>
>
> I have some bad news for ya. Your "do nothing" recommendation is just
> what the Hoover administration thought was the right medicine for the
> country in 1929. Their view was that the depression was like a
> hurricane. The best thing you could do was get out of the way and let
> it happen and then clean up afterwards. You will understand if we
> don't think that is a smart way to handle our problems. It didn't
> work then and it won't work now. Why else would the government not be
> following your and Hoover's advise to just do nothing? Maybe because
> they know something you don't. Like history.
>

Actually we don't know whether a "do nothing" approach would have worked.
FDR tried all manner of fixes. The latest research indicates that FDR's
tinkering actually made the depression worse.

FDR's policies prolonged Depression by 7 years, UCLA economists calculate
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 9:39 PM

Tim Daneliuk wrote:
> Robatoy wrote:
>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>
>>> And if you can blame Bush for what happened during the last 100 days of his
>>> administration, then you've got no complaint when criticism is leveled at
>>> the first 100 days of Obama's.
>> That, of course, is a crock of shit.
>> Bush had the best part of 7 years to take a run at his last 100 days,
>> as opposed to Obama who got the aftershocks AND he started from
>> scratch.
>> To compare both is ludicrous.
>> I can't believe you made that comparison.
>>
>> r
>
> OK, so with what do you disagree:
>
> 1) Bush had over 5 years of quarter-over-quarter growth.
>

Most of which was largely artificial and built upon the false wealth of
people's homes in highly speculative unregulated markets, fueled by
equally false CDO values, and financial chicanery.


> 2) The Dems took over Congress and in less than two years
> the growth stopped.

The music stopped, and suddenly there were FAR fewer chairs than the
people who wanted one. Reality intervened, it had little to do with
the party in power, other than the sudden fear by the wealthy that with
Dems in power actual regulation might ensue, the smart, and the crooked
started bailing out and the bubble popped.

bb

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 8:26 PM

On Jun 4, 6:12=A0pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

Why not just make one sterotype for both, they are just different
sides of the same coin. Saying you are liberal or conservative means
you giving up on the thought process and rely on faith to guide your
life. It's an easy way to live your life though, imagine trying to
think about questions before answering them, instead of just
regurgitating the party line.

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:11 PM


"Stuart Wheaton" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>> "Stuart Wheaton" <[email protected]> wrote in message
>> news:[email protected]...
>>> HeyBub wrote:
>>>> Stuart Wheaton wrote:
>>>>>> Our incompetent President
>>>>> Hmmm.... Today the Dow is 600 points above where it was on the last
>>>>> day of Bush.... And 200 points above where it was right after the
>>>>> election...
>>>> And 4,000 points below its high during the Bush years.
>>>>
>>>>> Gee, most of us are enjoying a tax cut, but if you are getting more
>>>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>>>>> "Joe the plumber" thing where you have no clue about income vs
>>>>> taxable income?
>>>> Right. I saw one investor who managed to save $13,000 in taxes per DAY
>>>> by the simple expedient of moving from New York to Florida.
>>>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>>>>
>>>>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>>>>> buying better highways is the road to ruin?
>>>> Yes. We already pay a highway tax - and right now the highway tax has a
>>>> huge surplus. Blame the politicians for dipping into the highway kitty
>>>> to provide psychological counseling for troubled pets.
>>>>
>>>>> What about the massive bill about to come due for Social Security? Are
>>>>> you going to show me where you advocated paying higher taxes during
>>>>> the Bush years so we could start to get ahead of the SS juggernaut?
>>>> I can't; it didn't come up. You may recall that the first item on
>>>> Bush's political agenda back in 2001 was reform of SS. Reform failed.
>>> You thought that privatizing Social Security was reform? That explains
>>> your first problem. Privatization was not reform, and in the immediate
>>> future it would have made the system more unstable because the current
>>> revenues would fall as contributions were siphoned off to Wall Street.
>>>
>>> Privatization was an attempt to damage Social security beyond repair.
>>>
>>> Reform of SS will require that benefits be decreased, indexed to assets,
>>> and that contributions be increased, exempted wages reduced, and payouts
>>> delayed. Furthermore, the U.S. Securities that George W called
>>> "Worthless IOU's " Will need to be turned into cash through tax revenues
>>> before they can be paid out.
>>>
>>> Even though we had an intense capital need hanging over our heads, W
>>> pushed for tax cuts and reducing the income to SS...
>>>
>>> Where is the reform you spoke of?
>>>
>>>>> Not better, but with somewhat less carnage. Recall, it was the market
>>>>> that got us here, and then screamed for mommy when their lousy
>>>>> decisions put the whole economy in peril.
>>>>>
>>>>> How do you feel about "too big to fail?"
>>>> Personally? The bigger they are, the harder they fall, but fall they
>>>> must.
>>
>> Even FDR said that part of SS had to be private. It could not all be
>> government.
>
>
> I believe he said that the responsibility for retirement had to be shared,
> that SS was a minimum, safety net to ensure nobody retired into abject
> poverty, and to encourage older worker TO retire and clear the employment
> roles for younger workers. This was part of the solution to unemployment,
> paying older workers to go home and relax.

Was originally the Widows and Children's act. Was to prevent starvation and
deprivation for surviors of a worker killed or injured or dies of natural
causes leaving a spouse who was normally a homemaker. Was not the National
Retirement Act. I think the original tax was 1% of the first $1500 of
wages. Until LBJ found out he could hide the huge deficit from the SEA war
and raised rates and payouts to get lots more money in to the general fund.
Until LBJ I paid 1% of the first $3300 and employer matched. $660 a year.
Can not buy a great annuity with life insurance included for that can of
money. LBJ left it to our children and grandchildren to pay for his
spending. Those paying in now will not get back anywhere what they paid it.
I paid in $190k and employers matched that amount over my employment years.
I get back $15k a year. Means the government has taken a huge share of my
payments and not invested the "Trust Fund" in interest paying securities. I
will have to life to 100 to come close to the amount paid in. Put that kind
of money into an annuity, and the payouts would exponentially higher.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 12:31 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Too_Many_Tools wrote:
>>> On Jun 9, 12:16 am, Tim Daneliuk <[email protected]> wrote:
>>>> Too_Many_Tools wrote:
>>>>> On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
>>>>>> Robatoy wrote:
>>>>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>>>>>> And if you can blame Bush for what happened during the last 100
> days of his
>>>>>>>> administration, then you've got no complaint when criticism is
> leveled at
>>>>>>>> the first 100 days of Obama's.
>>>>>>> That, of course, is a crock of shit.
>>>>>>> Bush had the best part of 7 years to take a run at his last 100
> days,
>>>>>>> as opposed to Obama who got the aftershocks AND he started from
>>>>>>> scratch.
>>>>>>> To compare both is ludicrous.
>>>>>>> I can't believe you made that comparison.
>>>>>>> r
>>>>>> OK, so with what do you disagree:
>>>>>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>>>>> 2) The Dems took over Congress and in less than two years
>>>>>> the growth stopped.
>>>>>> These are both factual statements BTW, but I am less inclined to a
>>>>>> cause-effect relationship in 2) than the political Right believes.
> The
>>>>>> underlying problem here started way before Bush was every in office.
>>>>>> It has its roots in the neverending evil of believing that government
>>>>>> should be in the "social justice" business and that government can
>>>>>> ignore economic reality - to whit, that it could jigger the financial
>>>>>> system to "encourage" lending to low income earners, crack whores,
> and
>>>>>> other Democrats and that there would be no consequence to such a
>>>>>> program. The people who affirmed such programs were dead wrong. It's
> a
>>>>>> tribute to the strength of our markets and the power of Capitalism
>>>>>> that it took as long as it did to crater. In short, this is not a
>>>>>> "Bush" problem. It is a "stealing from some to give to others"
> problem
>>>>>> that's been around well over 5 decades.
>>>>>> BTW, Obama did not "start from scratch". He exploited an economic
>>>>>> problem to implement his quasi-Marxist lunacy. There were far less
>>>>>> overreaching ways the government could have engaged with the economy
>>>>>> other than taking everything over. Even assuming that the credit
>>>>>> liquidity problem was as bad and dangerous as claimed, Obama could
>>>>>> have had his silly little bailouts without also signing up for the
>>>>>> biggest pork spending bill in history.
>>>>>> --
>>>>> -----------------------------------------------------------------------
> -----
>>>>>> Tim Daneliuk [email protected]
>>>>>> PGP Key: http://www.tundraware.com/PGP/
>>>>> Tim...the supposed growth you are noting is smoke.
>>>>> Want to tell us how the deficit spending was doing at that time?
>>>>> And very convenient how you are ignoring the money that Bush threw at
>>>>> the liquidity problem...are you legally blind to any Republican
>>>>> faults?
>>>>> TMT
>>>> Bush did not throw liquidity at the problem. The Fed did, and they
>>>> are nominally an independent board.
>>>>
>>>> The growth - much of it - was very real. The problem today is not
>>>> that there was not real growth, it is that the system got hijacked
>>>> by an irresponsible government, population, and credit system
>>>> for decades in some cases.
>>>>
>>>> Deficit spending did amp up under W - something he is very properly
>>>> criticized for. And yes, there are many Republican faults. But
>>>> this subthread of "it's all W's fault" is nonsense. If W is guilty
>>>> in part, it is a pretty small part. There are decades of governmental
>>>> stupidity that account for far, far more. A casual look at your
>>>> tax booklet will illuminate the fact that well over half of
>>>> Federal government spending is on social entitlements that are neither
>>>> Constitutionally legitimate, nor a very smart investement. You want
>>>> to blame someone, start with FDR, visit Johnson, Nixon, Carter,
>>>> Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
>>>> Durbin, Schumer, et al. And yes, I left Reagan out because his few
>>>> downsides here were vastly overweighed by the peace dividend he
>>>> produced in finally decapitating the Sovs.
>>>>
>>>> --
>>> -------------------------------------------------------------------------
> ---
>>>> Tim Daneliuk [email protected]
>>>> PGP Key: http://www.tundraware.com/PGP/
>>> Uh...better check out who Mr. Bailout really was....Bush.
>>>
>>> TMT
>> It seems you have trouble with both reading what I wrote and elementary
>> arithmetic. Bush improperly spent money - he was a Republican statist.
>> But he spent a *fraction* of the money - even on bailouts - that
>> the current Marxist-in-all-but-name President has and intends to.
>> Bush was a broken leg to the republic. Our Dear Leader of the moment
>> is a fatal cancer.
>
>
> You got a problem. We have a former president in Bush that has a full eight
> year record that we can take apart and evaluate, and it looks real bad. We


Parts of it do, parts of it don't. When you don't toe the left-right
line, you have the opportunity to actually look at such thing dispassionately.
Bush was nowhere near the saint the right painted him, nor was he
the villain the left painted him. He was - like all Presidents - a complex
mix of virtue and vice.

> also have a brand new president, Obama, who has barely been running things
> for four months and he started off in the worst hole any president has faced
> except for FDR. After four months of the Obama presidency you have
> pronounced him to be a cancer, a fatal cancer. You are obviously projecting
> what you think will happen in the future. Did you predict that Bush would

No, I am watching him launch into a full scale spending spree that has
exceeded Bush's 8 years in a mere 6 months with no appreciable results.
I've watched his promises - like unemployment below 8% turn to dust.
I've watched him make nice to the world's tin pot dictators and despots
in Venezuela, the Arab Middle East, and Cubae, I've watched him extend
Miranda rights intended for legal residents of the US to foreign spies
and terrorists attacking our nation. He is a living, walking, disaster.

> lead us into the worst economic disaster since the Depression? Don't bother,
> I know you had no idea Bush would be horrible. I, on the other hand, said in
> 2001 that Bush would lead us into a war, would run up a tremendous debt, and
> would make all Americans poorer. So here we stand with Bush as the worst

They said the same thing about Truman. History vindicated him as it will
Bush's Iraq venture *unless* the current feeble administration undermines
the whole thing.

> screw up ever, and you never saw it coming, and Obama, who is just getting
> started, you predict his presidency to be a disaster. Can you see the
> problem? You ain't too hot when it comes to predictions about how a
> president will do. Not only that, this time I am predicting you are going to
> be 100% wrong about Obama too and that his efforts will lead to a very good
> financial recovery. It'll take time but he'll get things turned around. You
> know why? He won't do what Bush did. Give Obama at least a year before
> writing him off. Because you're going to look really stupid if we have a
> good year in 2010, which is what I am predicting. You predict a disaster.
> Let's see if you are still a shitty predictor as in the past.

I really hope you're right. I really hope I am here a year or two from
now eating big crow and praising Obama for a job well done. I really
doubt this will happen. He is caught in a value trap. If his theories
are right, he's not spending enough money. If they are wrong, he is
wasting money.
>
> Hawke
>
>


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

ww

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 5:12 AM

On Jun 5, 10:27=A0am, Too_Many_Tools <[email protected]> wrote:
> On Jun 4, 5:12=A0pm, Curious Man <[email protected]> wrote:
>
>
>
> > There seems to be a stereotype that "liberals" are the lazy sorts of
> > people who interrupt TV viewing only to go to soup lines, or smoke
> > harmful substances, whereas "conservatives" are hard working, self
> > reliant people who are very well off due to their own perseverance and
> > work ethic.
>
> > And yet, the few self proclaimed or suspected liberals and Obama
> > supporters of this newsgroup, seem to be very well off, accomplished
> > people, whereas many conservatives, while intelligent and interesting
> > people on many levels, are not exactly above that kind of level of
> > attainment.
>
> > If that is the case, is that perhaps the time to reconsider our
> > stereotypes?
>
> > Curious Man
>
> FYI....
>
> TMT
>
> Conservatives Are More Easily Disgusted
> Robert Roy Britt
>
> LiveScience.com robert Roy Britt
>
> People who squirm at the sight of bugs or are grossed out by blood and
> guts are more likely to be politically conservative, new studies find.
>
> In particular, the squeamish are more apt to have conservative
> attitudes about gays and lesbians.
>
> Lots of other research has tied politics to biology and behavior. Some
> quick background:
>
> =A0 =A0 * A study last year found that when people feel physically clean,
> they are less judgmental.
> =A0 =A0 * Another study found that political conservatives tend to be
> tidy, with organized offices, but liberals favor colorful, more
> stylish but cluttered spaces.
> =A0 =A0 * Political views are driven by religion, culture and even
> biology, other research has shown.
> =A0 =A0 * A large, global study in 2007 concluded that political
> preference is 50 percent genetic.
>
> The new studies
>
> In one of the new studies, Cornell University psychology professor
> David Pizarro and colleagues surveyed 181 U.S. adults from politically
> mixed swing states. They used a Disgust Sensitivity Scale (DSS), which
> offers various scenarios to assess disgust sensitivity, as well as a
> political ideology scale. They found a correlation between being more
> easily disgusted and political conservatism.
>
> Then they surveyed 91 Cornell undergraduates with the DSS, as well as
> with questions about their positions on issues including gay marriage,
> abortion, gun control, labor unions, tax cuts and affirmative action.
> Participants who rated higher in disgust sensitivity were more likely
> to oppose gay marriage and abortion, issues that are related to
> notions of morality or purity.
>
> The results are detailed in the journal Cognition & Emotion.
>
> In a separate study in the current issue of the journal Emotion,
> Pizarro and colleagues found a link between higher disgust sensitivity
> and disapproval of gays and lesbians. In this research, they used
> implicit measures, which assess attitudes people may be unwilling to
> report explicitly or that they may not even know they possess. The
> studies were funded by the university.
>
> Morals and disgust
>
> Morals and disgust are intertwined. Research earlier this year found
> that people react similarly to disgusting photographs by curling the
> upper lip and wrinkling the nose. When judging behavior, our disgust
> can actually make us feel physically sick.
>
> Pizarro explains that disgust is evolution's way of protecting us from
> disease. Unfortunately, in his view, disgust is now used to make moral
> judgments.
>
> Liberals and conservatives disagree about whether disgust has a valid
> place in making moral judgments, Pizarro argues. Some conservatives
> think there is inherent wisdom in repugnance, that feeling disgusted
> about something - gay sex between consenting adults, for example - is
> cause enough to judge it wrong or immoral, even lacking a concrete
> reason, Pizarro explains. Liberals tend to disagree, and are more
> likely to base judgments on whether an action or a thing causes actual
> harm, he said.
>
> Studying the link between disgust and moral judgment could help
> explain the strong differences in people's moral opinions, Pizarro
> figures. And it could offer strategies for persuading some to change
> their views.
>
> "People have pointed out for a long time that a lot of our moral
> values seem driven by emotion, and in particular, disgust appears to
> be one of those emotions that seems to be recruited for moral
> judgments," Pizarro said.
>
> An interesting related aside to chew on: Research published in 2007 in
> the Journal of Applied Psychology found that people who think of
> themselves as having high moral standards often become the worst
> cheats because they pursue what they believe to be a moral end at all
> cost.

Here we go! More intellectualism and BS. The disgust I feel is about
idiotic studies(that are funded with our tax dollars) that relate
issues with polls(which are always biased)! Meaningless drek. Todays
Psychology is fundamentally useless. The real problem is that too many
people don't accept responsibility for their own actions. "I forgot to
take my medication." "I was provoked" "my parents abused me" "I was
born that way"
The generation who gave their lives for our country are dancing in
their graves.

dd

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 10:18 AM

On Jun 9, 5:02=A0pm, Too_Many_Tools <[email protected]> wrote:

> They will remember it as the The Great Bush Depression just as Hoover
> is remembered for the The Great Depression.
>
> Interesting how you are demonstrating a definite amnesia toward
> Republican contributions towards this mess.
>
> TMT

Not true. If Obama fails, he will be remembered for the failure.
Historians will argue about the causes, but with Obama in charge, he
will be the one remembered for the success or failure of the
governments actions.

Dan

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 3:10 PM

On Jun 9, 4:20=A0pm, "HeyBub" <[email protected]> wrote:
> Too_Many_Tools wrote:
>
> >> If Obama is successful, the republic will at least be deeply damaged
> >> and may not ever recover fully.
>
> >> If he is not successful it will hopefully remind the Sheeple why they
> >> kicked Carter out after one term and why they need to do the same
> >> with Obama.
>
> >> What our children (and grandchildren, and their children ...) will
> >> call anything is moot. They'll be too busy paying off this
> >> generation's debt fostered in parts by a stupidly run government
> >> trying to spend its way out of debt, a bunch of greedy pigs in the
> >> population that want all the trappings of affluence whether they've
> >> earned them
> >> or not, and some unprincipled financial folks who knew they could
> >> take insane risk because the Obama's of this world would bail out
> >> their mistakes. No, I don't think they'll call it The Great Bush
> >> Depression. I think they'll call it "How I Got Shafted By My
> >> Stupid, Greedy, #$%^&* Grandparents".
>
> >> --
> >> ----------------------------------------------------------------------=
------
> >> Tim Daneliuk [email protected]
> >> PGP Key:http://www.tundraware.com/PGP/
>
> > You mean as they will be paying off the deficit that Bush ran up?
>
> Bush ran up the debt, true. Obama increased the nation's debt more the fi=
rst
> WEEK of his administration than Bush did in eight years. Here's a chart.
>
> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>
> The CBO projects $7.4 trillion increase in debt for 8 years of Obama. Thi=
s
> compares to about $1 trillion for the Bush term.
>
>
>
> > Amazing how you completely ignore the Republican contribution.
>
> > Are you aware that Cheney recently admitted that there was NO
> > connection between Iraq and 9/11.
>
> > So why did we fight a TRILLION dollar war?
>
> 1. We need to fight a war every decade or so to keep the tip of the spear
> sharp. One wag recently remarked that every leader in the military, from
> sergeant to four-star general, has led men in combat. That's not only
> keeping the tip sharp, it's polishing it to a high luster.
>
> 2. Look what we did to Hussein: We invaded his country, kicked him out of
> his homes, confiscated his fortune, exiled his family, imprisoned his
> friends, killed his children, and, eventually, hanged his skanky ass. Thi=
s
> has to have a deterrent effect on some leaders similarily inclined.
>
> 3. Oil is a good reason to go to war. Hitler invaded Russia for oil. Japa=
n
> attacked the United States not only because we cut off oil exports to the=
ir
> country but so they could invade the Dutch East Indies. Now we don't get =
oil
> from Iraq - our politicians are way too smart to do that. But, since oil =
is
> fungible, the oil that, say, China buys from Iraq means that more oil is
> available from Nigeria. The world-wide price goes down as supply increase=
s.
> We'll easily recoup the cost of the war in ongoing cheaper oil.
>
> I guess if you need more reasons, I could come up with some.

So you are saying that the United States should invade a country
because we feel like it?

There are thousands of grieving military families who would rip your
heart out of your chest for squandering their children's lives for
your "feel like it" approach.

TMT

Uu

"Upscale"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:55 AM


"Tim Daneliuk" <[email protected]> wrote in message
> > ...and made most of it disappear.
>
> So much unlike the nearly $4T Our Dear Leader at present a flushed in
> less than 6 months.

And how *exactly* do you now it's flushed away. As usual, you make all sorts
of wild claims before any type of final result is in. If you had any iota of
common sense, you'd know that it takes years for final results to be
tallied.

Not so for Tim Daneliuk, your mind is made up now. You're just full of all
kinds of criticism about your current government, but the truth is that
people like you are the least able to judge it. You didn't vote for either
incumbent, you contributed nothing, gave nothing and whine all day about how
much it's going to cost you. The fact is that all you do is talk. And, that
talk is based on nothing more than lack of experience, lack of action and
lack of any kind of involvement.

You're a "nothing" Tim and that's the worst kind of citizen.


SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 8:46 AM

Calif Bill wrote:

> Was originally the Widows and Children's act. Was to prevent starvation and
> deprivation for surviors of a worker killed or injured or dies of natural
> causes leaving a spouse who was normally a homemaker. Was not the National
> Retirement Act. I think the original tax was 1% of the first $1500 of
> wages. Until LBJ found out he could hide the huge deficit from the SEA war
> and raised rates and payouts to get lots more money in to the general fund.
> Until LBJ I paid 1% of the first $3300 and employer matched. $660 a year.
> Can not buy a great annuity with life insurance included for that can of
> money. LBJ left it to our children and grandchildren to pay for his
> spending. Those paying in now will not get back anywhere what they paid it.

It is not an annuity, it is an insurance plan.

> I paid in $190k and employers matched that amount over my employment years.
> I get back $15k a year.

How does that compare to your medical, car, and homeowners insurance
over the years? Since the earliest days of your working life, you've
had a family policy with disability benefits... Not my fault if you
didn't die and claim on it.

My Uncle died in his early 40's and never got a cent from the program,
even though he paid in.

> Means the government has taken a huge share of my
> payments and not invested the "Trust Fund" in interest paying securities.

They weren't supposed to. Although US treasury notes are securities,
what interest rate do you want them to say? I think you found the
solution, we just boost the rate the treasury has to pay itself on these
notes, and the SS system is solvent by the stroke of a pen!

> I
> will have to life to 100 to come close to the amount paid in. Put that kind
> of money into an annuity, and the payouts would exponentially higher.

Again, what is the return on the rest of your insurance policies?

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:34 PM

On Jun 8, 6:22=A0pm, evodawg <[email protected]> wrote:
> HeyBub wrote:
> > Too_Many_Tools wrote:
> >> LOL...another winger who would like to live The Great Bush Depression.
>
> >> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> >> what Bush screwed up in EIGHT years?
>
> > Bush Depression? That's not true.
>
> > During the Bush years we had 22 consecutive quarters of economic growth=
.
> > Low unemployment, high productivity, and negligible inflation. All this=
in
> > spite of Katrina, two wars, and a couple of bursting bubbles.
>
> > Then the Democrats took over Congress.
>
> > It took them less than 18 months to fuck it all up.
>
> > Here's one chart I could find regarding recent GDP growth by quarter:
> >http://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>
> > Notice the rough average for the Bush years shown is about 2.25%. Since
> > the 3rd quarter of 2007, the growth of GDP has plummeted and is now abo=
ut
> > -4% and unemployment is 9.8%.
>
> > And if you can blame Bush for what happened during the last 100 days of
> > his administration, then you've got no complaint when criticism is leve=
led
> > at the first 100 days of Obama's.
>
> Is this "to many tools" dude a spammer? Or a member of Rev. Wrights Churc=
h?
>
> --
> "You can lead them to LINUX
> but you can't make them THINK"
> Running Mandriva release 2008.0 free-i586 using KDE on i586
> Website Addresshttp://rentmyhusband.biz/

Neither...just someone who knows BS when it appears.

Note his convenient ignorance that Bush had and his merry band of
Republicans ran up a trillion dollars of deficits before the bottom
fell out.

Why might that be?

TMT

dd

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 6:35 AM

On Jun 9, 2:11=A0pm, Robatoy <[email protected]> wrote:

> > Even the military have figured out that using contractors to run mess
> > halls and repair facilities is more efficient than having the
> > government do the work.
>
> A lot of that had more to do with handing lucrative contracts to
> friends and relatives of Dick Cheney.

Most of the change to use contractors was back in the 1970's. In the
states there have been few problems, but in Iraq the army was focused
on the fighting and did not do enough supervision of the
contractors.

In 1974 I worked at a Air Force Base that had two Air Force personel.
The base commander and his assistant. Everything else was done by
either a base support contractor, or a operations contractor.

In 1975 I worked at a Navy facility that changed from having sailors
do all the weapons maintainance to having contractors doing most of
the maintainance. The security was done mostly by contractors, but
some was done by Marines.
Recently the rest of the weapons maintainance was transferred to
contractors, but I believe the Marines still do part of the security.

Dan

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 1:02 PM

On Jun 11, 3:47=A0pm, Tim Daneliuk <[email protected]> wrote:

>
> No, the sad part is that the foaming [insert whatever it is, but it sure =
is foaming]....

What is with you and that foam thing. Were you, as a child, left in
the bathtub with a bar of soap...for too long?

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 9:02 AM

On Jun 9, 7:55=A0am, "[email protected]" <[email protected]> wrote:
> On Jun 9, 4:25=A0am, Too_Many_Tools <[email protected]> wrote:
>
>
>
> > The Great Bush Depression.
>
> > If Obama isn't sucessful, your children will remember it as that.
>
> > TMT
>
> If Obama is not sucessful, my children, grandchildren , and historians
> will remember it as" How Obama failed while spending trillions,
> created the hyper-inflation and the largest deficit ever."
>
> =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 Dan

They will remember it as the The Great Bush Depression just as Hoover
is remembered for the The Great Depression.

Interesting how you are demonstrating a definite amnesia toward
Republican contributions towards this mess.

TMT

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 8:44 PM

Tim Daneliuk wrote:
> Stuart Wheaton wrote:
>> Tim Daneliuk wrote:
>>> Robatoy wrote:
>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>>
>>>>> And if you can blame Bush for what happened during the last 100 days
>>>>> of his
>>>>> administration, then you've got no complaint when criticism is
>>>>> leveled at
>>>>> the first 100 days of Obama's.
>>>> That, of course, is a crock of shit.
>>>> Bush had the best part of 7 years to take a run at his last 100 days,
>>>> as opposed to Obama who got the aftershocks AND he started from
>>>> scratch.
>>>> To compare both is ludicrous.
>>>> I can't believe you made that comparison.
>>>>
>>>> r
>>> OK, so with what do you disagree:
>>>
>>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>>
>> Most of which was largely artificial and built upon the false wealth of
>> people's homes in highly speculative unregulated markets, fueled by
>> equally false CDO values, and financial chicanery.
>
> "Most" of it was no such thing. A good many of us that are
> careful investors never touched a CDO, never overleveraged
> our mortgages, and would have been just fine through all this
> except for one thing:

Yeah, the financial shell game built over the years of lax regulation by
the Bushies and the wild excesses of speculative investments collapsed,
and hurt millions of Americans who never bought a CDO or a weird
mortgage either.

You see, my property values have taken a hit because there are 4 houses
on the block that fell into foreclosure because some people thought
prices would always go up, then bailed on their speculative holdings,
and others were duped by unscrupulous lenders, abetted by clueless
rating firms who wrote AAA paper on worthless CDO's . No matter how
well I keep my property, and no matter what I do, I am hit by the
misdeeds of the fat cats.

Your "careful" investments grew at a record rate, because people were
pulling non-real equity out of their over inflated homes to use to buy
consumer goods on credit, or because you were investing in companies
profiting from war or oil speculation... Bubbles all, and you will fall
as you rose...

Our primary client took a beating because of speculators who drove up
oil prices, their fuel bills doubled in a year, and they could not
quickly recover their losses because they had already sold at pre-price
boost levels, so they cut purchases, that led to layoffs of 5 people out
of our shop.

> Our incompetent President

Hmmm.... Today the Dow is 600 points above where it was on the last day
of Bush.... And 200 points above where it was right after the election...


> is busy
> both taking wealth away from those who have it,

Gee, most of us are enjoying a tax cut, but if you are getting more than
250K /yr and can't shield it, I feel no pity.... Or is this a "Joe the
plumber" thing where you have no clue about income vs taxable income?

> worse still
> destroying the institutions that create it,

They destroyed themselves...

> and worst of all,
> pursuing a profligate spending policy that assures the
> devastation of wealth over the longer term.

I bet everyone who fell off the 35W bridge were wishing "Gee I wish I
had a smaller tax bill!"

Or maybe, do you think they were thinking, "I'd have happily paid twice
as much in taxes if I didn't have to die in this river right now"

> In effect,
> those of us that acted responsibly are seeing our life's
> work stolen from us and given to the irresponsible poor
> and the irresponsible rich. And *that* is Obama's true
> legacy in the making.

So, Bush's silly little war and Reagan's deficits are OK for you, but
buying better highways is the road to ruin?

What about the massive bill about to come due for Social Security? Are
you going to show me where you advocated paying higher taxes during the
Bush years so we could start to get ahead of the SS juggernaut?

>
>>
>>> 2) The Dems took over Congress and in less than two years
>>> the growth stopped.
>> The music stopped, and suddenly there were FAR fewer chairs than the
>> people who wanted one. Reality intervened, it had little to do with
>> the party in power, other than the sudden fear by the wealthy that with
>> Dems in power actual regulation might ensue, the smart, and the crooked
>> started bailing out and the bubble popped.
>
> On this we agree. The problem was long in the making - some of it is
> found in the Constitutional abuses of FDR, some in the happy juice of
> the phony 60s "social justice" sentimentality, and some of it in the
> behavior of almost all modern politicians that buy votes with pork.
> But to blame W for all this is insanity (just like expecting Obama to
> fix it all is insane). Sadly Obama believes he can fix it (Fallacy
> #1), that large amount of spending will help (Fallacy #2), and that
> government can do this better and more expeditiously than markets can
> (Fallacy #3).

Not better, but with somewhat less carnage. Recall, it was the market
that got us here, and then screamed for mommy when their lousy decisions
put the whole economy in peril.

How do you feel about "too big to fail?"

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 12:14 AM

Stuart Wheaton wrote:
> HeyBub wrote:
>> Stuart Wheaton wrote:
>>>> Our incompetent President
>>> Hmmm.... Today the Dow is 600 points above where it was on the last
>>> day of Bush.... And 200 points above where it was right after the
>>> election...
>>
>> And 4,000 points below its high during the Bush years.
>>
>>> Gee, most of us are enjoying a tax cut, but if you are getting more
>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>>> "Joe the plumber" thing where you have no clue about income vs
>>> taxable income?
>>
>> Right. I saw one investor who managed to save $13,000 in taxes per DAY
>> by the simple expedient of moving from New York to Florida.
>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>>
>>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>>> buying better highways is the road to ruin?
>>
>> Yes. We already pay a highway tax - and right now the highway tax has
>> a huge surplus. Blame the politicians for dipping into the highway
>> kitty to provide psychological counseling for troubled pets.
>>
>>> What about the massive bill about to come due for Social Security? Are
>>> you going to show me where you advocated paying higher taxes during
>>> the Bush years so we could start to get ahead of the SS juggernaut?
>>
>> I can't; it didn't come up. You may recall that the first item on
>> Bush's political agenda back in 2001 was reform of SS. Reform failed.
>
> You thought that privatizing Social Security was reform? That explains
> your first problem. Privatization was not reform, and in the immediate
> future it would have made the system more unstable because the current
> revenues would fall as contributions were siphoned off to Wall Street.
>
> Privatization was an attempt to damage Social security beyond repair.
>
> Reform of SS will require that benefits be decreased, indexed to assets,
> and that contributions be increased, exempted wages reduced, and payouts
> delayed. Furthermore, the U.S. Securities that George W called
> "Worthless IOU's " Will need to be turned into cash through tax revenues
> before they can be paid out.
>
> Even though we had an intense capital need hanging over our heads, W
> pushed for tax cuts and reducing the income to SS...
>
> Where is the reform you spoke of?
>

It took some 60 years for the collectivists to get us to this inflection
point. It will likely take 50-60 to dig out from under vast stupidities
like SS, Medicare, and all of the rest of the entitlements. Trying to
do it all at once would be suicide. Not doing it at all is idiotic.
For the period of time SS was in play, you could have thrown darts at
the S&P 500 and outperformed the ROI on your SS payments - even with the
current economic downturn.

The most terrifying thing for a leftist/ collectivist (which includes
good portions of the Republican party and almost the entire Democrat
party) is to wake up in a world where the Sheeple finally figure out
that the politicians are not needed at all for healthcare, elder care,
childcare, education, and the like. After all, what would the
political Chattering Classes have to do if they could not occupy
fatcat elected and appointed jobs - they might actually have to
perform useful work...



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 11:05 AM

Doug Winterburn wrote:
>
> As my dear old departed mum told me almost 50 years ago - "When you're
> young, you're idealistic and liberal, then you got to work and start
> paying taxes and become a conservative, then you get old and start
> looking for help because you didn't plan ahead and you become liberal
> again".

Or "a conservative is a former liberal who's been robbed."

One maxim that floated around New York during the Guiliana years:

"A Republican is a Democrat who suddenly realizes he hasn't been mugged
lately."

GA

Gunner Asch

in reply to "HeyBub" on 07/06/2009 11:05 AM

14/06/2009 1:23 PM

On Mon, 8 Jun 2009 14:03:17 -0700 (PDT), Robatoy
<[email protected]> wrote:

>On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>
>>
>> And if you can blame Bush for what happened during the last 100 days of his
>> administration, then you've got no complaint when criticism is leveled at
>> the first 100 days of Obama's.
>
>That, of course, is a crock of shit.
>Bush had the best part of 7 years to take a run at his last 100 days,
>as opposed to Obama who got the aftershocks AND he started from
>scratch.
>To compare both is ludicrous.
>I can't believe you made that comparison.
>
>r
Spoken like a true Useful Idiot.


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:32 PM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>> "John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
>> message news:[email protected]...
>>>
>>> "J. Clarke" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> Lew Hodgett wrote:
>>>>> "John R. Carroll" wrote:
>>>>>
>>>>>> It's also worth remembering that people did't last much beyond 65
>>>>>> YO in the thirties, large numbers even less.
>>>>>
>>>>> Which just points out how remarkable my grandfather was.
>>>>>
>>>>> Born in 1848, he made it to 83.
>>>>
>>>> Once again the myth of "life expectancy" rears its ugly head. It's
>>>> an average--those who made it to adulthood lived about the same
>>>> amount of time
>>>> as people today, but fewer of them made it to adulthood.
>>>
>>>
>>> The life expecrancy "at birth" in 1930 of all sexes and races
>>> combined in the US was 59.7 years.
>>> It was 77.8 in 2005.
>>> People are living much longer today as a rule. That and changes in
>>> age weighted distribution of he population are the cause of forecast
>>> shortfalls in the SS fund.
>>>
>>> http://www.infoplease.com/ipa/A0005148.html
>>>
>>>
>>> JC
>>>
>>
>> Life expectancy is longer. But the length of time an adult person
>> lives has not changed much. The Life expectancy is longer because of
>> better living through chemistry. My mother, who is 94 was a
>> practicing RN until 91 years old. She said other than sulfa drugs,
>> there were not antibiotics until penicillin. Single biggest enhancer
>> of life expectancy.
>
> There's also the elimination of many childhood diseases through widespread
> programs of immunization.
>
>> Not the max time you live, but the likelihood
>> you will make it to a natural death. We are held up as bad with our
>> health system because we have a lower life expectancy than most of
>> Europe and Canada. We also have a huge immigrant population that was
>> not real healthy when they got here. And may not avail themselves of
>> the modern medical wonders.
>

Also true.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 7:50 AM

Too_Many_Tools wrote:
>
> Neither...just someone who knows BS when it appears.
>
> Note his convenient ignorance that Bush had and his merry band of
> Republicans ran up a trillion dollars of deficits before the bottom
> fell out.
>
> Why might that be?
>

Deficits are not, intrinsically, bad. If they can be paid for by economic
growth, they're good. Only if the deficits bloom beyond all reasonable
ability to repay them should we be concerned.

The deficits did increase moderately under Bush - until the last quarter of
2008 - when $800 billion was poured into the financial system. That's most
of the $1 trillion you mention. Obama, however, has increased that number to
about $4 trillion.

Danger, Will Robinson.

There is a fix, however. If we go back to the 20% inflation we had under
Carter, this amazing national debt can be repaid with much cheaper dollars.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 6:21 PM

Upscale wrote:
> <[email protected]> wrote in message news:44300e3f-6108-4618-9db7-
>> Part of the reason I live in a place where there are not thousands of
>> others in a square mile. I decided not to learn to like living with
>> thousands of people in a square mile. So I took advantage of the
>> right to pursue happiness, and I am a lot happier for it.
>
> That's something I'd look for all conditions being correct. Live where
> there's very little traffic, lots of trees and nature in abundance.
>
> Of course, I'd also want some services within 20 minutes travel to be
> close at hand. Supermarket, hospital, 5 star restaurant, beer store,
> liquor store, bar ~ You know, the necessities in life.

To each his own:

Fran Liebowitz said "The outdoors is something through which I pass between
my apartment and my car."

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 8:34 PM


"Doug Winterburn" <[email protected]> wrote in message
news:a%[email protected]...
> Ed Huntress wrote:
>>
>>>>>>
>>>>> Noboby has paid down any debt since Ike.
>>>> Wrong. You're probably reading the right-wing crank-crap that includes
>>>> future Social Security obligations (in the form of non-negotiable
>>>> special
>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>>>> stupid, and wrong again. Even the Bush administration admitted that the
>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>> Debt is debt. When it comes time to pay off the bond holders, it
>>> matters not who they are, there is no distinction in method when the
>>> government has to raise the cash.
>>
>> This is complete horseshit. Tell us, Doug, what is the addition to
>> taxpayer
>> obligations represented by, say, $1 billion in special Treasury notes
>> "bought" by the Social Security "Trust Fund"? In other words, in addition
>> to
>> the statutory obligation, how much additional money do we owe?
>
> None, assuming we would tax future generations without the "trust fund"
> obligation.
>
>>
>> Say we "borrow" from the Trust Fund. How much does that add to future
>> obligations? Hmmm?
>
> Exactly the amount we borrowed plus interest.
>
>>
>> And if you're going to do that, why don't you add in all the future
>> statutory obligations for veteran's benefits, federal employees'
>> pensions,
>> and Medicare? You ought to be able to add another, oh, maybe $30
>> trillion,
>> at least, to the current "debt" figure, depending upon how far forward
>> you
>> want to project future debt and treat it as a current obligation.
>
> $30 trillion is way low. Unfunded obligations.
>
>>
>> Answer those questions accurately, and you'll see what crap they've been
>> feeding you.
>
> Why is it "crap" to worry about future generations and the financial
> obligations we are passing on to them by borrowing against their future
> and spending on ourselves?
>
> It has been estimated (before this latest spending binge) that the
> recipients of our largess to ourselves would put them in the 85% total
> tax bracket. I'm sure they will thank us.
>>
>> Here's the funny part of all this: For a couple of decades, the righties
>> were pushing for a "unified" budget so they could pump up the total tax
>> figure to upset the ignoranti. Now they want to separate the accounting,
>> so
>> they can treat a special Treasury bond as a current deficit item. They
>> want
>> it both ways -- as usual.
>
> So, you think borrowing from a subsidary and calling the debt in that
> subsidary as an asset is OK? Ken Ley is vindicated!
>
>>
>> You're barking up the wrong tree, Doug. We've been over this on RCM three
>> or
>> four times.
>
> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
> hundred billion in annual deficit spending. You said it yourself (in
> your first paragraph above), someone will have to pay up either way. As
> far as a "unified budget", it would be nice to know the real numbers on
> an annual basis.
>
> Debt is still debt and when the note holders come a knocking, the
> options to the debtor are the same.
>
> I replied to this thread when you claimed that Clinton had "paid down
> the debt". The fact is the Federal Government has spent more than it
> has taken in for the last 50 years or so, and has had to borrow the
> difference, thus _increasing_ the debt. If you would like to dispute
> the governments own figures, be my guest.
>
>>
>> --
>> Ed Huntress
>>
>>
>>

Actually Clinton did pay down a pittance of the debt in 2000. $233
billion. But the government spending also went up. they just could not
handle all the money coming in from the dot.com boom. 15 years before, we
would not have seen the influx of tax revenue. Tax law changes made you
liable for the "profit" on a stock option the day you exercised the option.
Before that, you were not hit with taxes until you actually sold the stock
and saw real money. Most exercised and sold the same day. Those that did
not, have huge tax bills, they can not offset with losses. Takes a long
time to write down $90 million in paper losses at $3000 / year.

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 12:58 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
> <SNIP>
>
>> Anyway, inflation has a known cure that is easy to institute, effective
>> and
>> proven.
>
> ????? On what planet? Inflation:
>
> 1) Punishes people on fixed incomes.
> 2) Drives wage earners into higher- and higher incremental tax brackets
> and triggers things like the AMT in the US tax code.
> 3) Punishes bond holders (like people who hold U.S. Treasuries)
> so that, over time, the bond issuer (like the U.S. government)
> has to sell that at higher rates to make them more attractive, thereby
> making the servicing of the debt more expensive.
>
> If you really think inflation is a cure for anything you need to
> revisit pre-WWII Germany or Zimbabwe in recent times. By your
> reckoning, they were/are economic paradises...

I didn't say inflation was a cure for anything. I said "Anyway, inflation
has a known cure that is easy to institute, effective and proven."
Which is accurate.

JC

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:36 PM


"John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in message
news:c1CYl.19101$%[email protected]...
>
> "Lew Hodgett" <[email protected]> wrote in message
> news:[email protected]...
> > "John R. Carroll" wrote:
> >
> >> It's also worth remembering that people did't last much beyond 65 YO in
> >> the thirties, large numbers even less.
> >
> > Which just points out how remarkable my grandfather was.
> >
> > Born in 1848, he made it to 83.
>
> Now there is a guy that realy saw the world change.
> Did you know that aprox. 1/3 of all of the WWII draftees were rejected as
> physically unfit?
> Malnutrition and starvation were largely the cause.
>
> JC


When you know that the average American male in WWII was 5' 7" and weighed
145 you get an idea of what it was really like in those days. The population
was only 135 million then too. So the U.S. was not that big and neither were
its men. The reasons why are varied but you can see why in those days a 200
lb. man was considered a "heavyweight".

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:17 AM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> >>>>>>> What's irritating is that no matter how many times you show these
> >>>>>>> numbers
> >>>>>> to
> >>>>>>> right wing guys it just doesn't sink in
> >>>>>>>
> >>>>>>> Hawke
> >>>>>> Just to irritate you some more, it still has not sunk in. The
> >>>>>> problem is while it is easy to come up with those numbers, it is a
> >>>>>> lot harder to know why. Correlation does not mean cause and
> >>>>>> effect.
> >>>>>>
> >>>>>> An easy way to decrease the cost of healthcare in the US, would be
> >>>>>> to eliminate all procedures which will only prolong someones life
> >>>>>> by six months and also eliminate all procedures that do not have a
> >>>>>> proven success record. If we had done this say thirty years ago,
> >>>>>> we would not have any heart transplants , artificial heart valves,
> >>>>>> etc.
> >>>>>>
> >>>>>> Dan
> >>>>> Until you have been involved in the decision whether to treat a
> >>>>> loved one aggressively to prolong life or let go ("let nature take
> >>>>> its course"), you don't know what you are talking about.
> >>>> It isn't a question of treatment or not. The question is payment.
> >>>> There isn't any reason a person shouldn't be able to buy insurance to
> >>>> cover anything they need.
> >>>> Their needs, and the needs of their families for emotional placation,
> >>>> are not the needs of society.
> >>>>
> >>>> JC
> >>> If you think payment is the question, not treatment, then I have to
> >>> ask payment for what? The cost of (let's say) a liver transplant for
> >>> a patient who is going to die soon, whether or not the transplant
> >>> occurs, is WAY more than the cost of palliative treatment. I have to
> >>> ask what we are insuring against. A basic low(er) level of treatment
> >>> costs, or the costs of treating everything. IMNSHO, a asic level of
> >>> insurance (however defined) should be compulsory (yes, that bad word,
> >>> and whether the employee or the employer pays is ultimately only
> >>> semantics). On top of that a person should be allowed to insure
> >>> against the costs of more complex events/procedures. Freedom of
> >>> personal choice, etc., etc.
> >>>
> >>> Society needs some kind of insurance, and the current system is
> >>> dysfunctional.
> >> Government in the medical business is a permanent solution to a
temporary
> >> problem. When I was a kid, when you got sick you went to the doctor
and
> > he
> >> did what he could and it didn't cost much. Now he can do a lot more
but
> >> it's all cutting edge and the costs are horrendous. A hundred years
from
> >> now when the technologies have matured and an NMR scanner is a child's
> >> plaything that you get at Toys R Us for 50 bucks it's going to be back
to
> >> where most people can pay for most medical issues out of pocket without
it
> >> hurting particularly.
> >>
> >> But if we get government involved now then government will still be
> > involved
> >> then.
> >
> >
> > So would you rather have the government be involved in health care or
just
> > leave it in the hands of people like used car salesmen? There are
private
> > alternatives that are worse than the government. How about having Bernie
> > Madoff handling your health care or the management of AIG? Think they
would
> > be better than the government? I don't. The greed of businessmen is what
>
> False dichtomy and strawman. These are not the only choices.
>
> > makes them unacceptable for making decisions on people's health care.
You
> > need people that aren't going to profit from your health problems making
the
> > decisions. Hopefully, medical professionals without a financial interest
> > would decide what you need.
> >
> > Hawke
> >
> >
>
> This is hands-down the low point of this thread. If no one made a
> profit in healthcare there would be NO healthcare. Why should gifted
> people become doctors, pharma reseachers, nurses, or pharmacists?
> Without profit where is the incentive to risk $500M - $1B *per new
> drug* on the research side of things. In short, there would be few or
> no "medical professionals without a financial interest [to] decide
> what you need" without the opportunity for profit.
>
> I'll take greedy business people over boneheaded collectivist ideology
> any day of the week.


Of course you would but that is because of your short sightedness and
adherence to discredited right wing ideology, not because of the facts.
Plenty of organizations and businesses are non profit and they operate just
as efficiently and effectively as the for profit ones. But how can that be
when only profits make a business work? Or maybe your set in stone beliefs
are wrong.

Hawke

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 11:10 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Calif Bill" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Ed Huntress" <[email protected]> wrote in message
>> news:[email protected]...
>>>> But lots of real economists think that the deficit spending and jobs
>>>>programs were not effective in ending the Depression.
>>>
>>> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>>>
>>> --
>>> Ed Huntress
>>>
>>
>>
>> Easy to see that the deficit spending and WPA was not helping end the
>> depression. The War ended the depression.
>
> The war was the biggest deficit spending, make-work program in history.
> Thus, a common view among many economists today is that FDR's programs
> were too small. They fear that Obama's programs are too small, now.
>

Was only 6% of GDP deficit spending. Way less than the present deficit
spending. And the money went to actual jobs and materials. Not some make
work of paving a street with already employed workers. Common view of which
economists? Percentage of economists?

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 3:15 PM

Stu Fields wrote:
> "HeyBub" <[email protected]> wrote in message
> news:[email protected]...
>> [email protected] wrote:
>>>
>>> Why not just make one sterotype for both, they are just different
>>> sides of the same coin. Saying you are liberal or conservative means
>>> you giving up on the thought process and rely on faith to guide your
>>> life. It's an easy way to live your life though, imagine trying to
>>> think about questions before answering them, instead of just
>>> regurgitating the party line.
>>
>> Because it's easier.
>>
>> C. Northcott Parkinson observed:
>>
>> "When a member of your party makes a speech, you need only respond
>> with 'Hear, hear!' and when the opposition party claims the floor,
>> you need only shout 'Shame! Shame!' "
>>
>> Politicians like to make their lives easier.
>
> Of course the resorting to the use of Stereotypes does require the
> reduction in observing and thinking and being open minded. I was at
> a fly-in standing by my little homebuilt helicopter which closely
> resembles a Bell 47 when a little middle-aged lady in a print dress
> approached. Without consciously doing it I had her as a sunday
> school teacher type person. Whooee. She had flown Sky Crane
> helicopters doing logging and fire fighting and only had 4500hrs in
> the Bell 47. Yes my stereotyping couldn't have been much more wrong.

Each has its place. You'd go nuts trying to get personal with every tree
when you could use the word "forest."

It also saves time.

SF

"Stu Fields"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 10:12 AM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> [email protected] wrote:
>>
>> Why not just make one sterotype for both, they are just different
>> sides of the same coin. Saying you are liberal or conservative means
>> you giving up on the thought process and rely on faith to guide your
>> life. It's an easy way to live your life though, imagine trying to
>> think about questions before answering them, instead of just
>> regurgitating the party line.
>
> Because it's easier.
>
> C. Northcott Parkinson observed:
>
> "When a member of your party makes a speech, you need only respond with
> 'Hear, hear!' and when the opposition party claims the floor, you need
> only shout 'Shame! Shame!' "
>
> Politicians like to make their lives easier.

Of course the resorting to the use of Stereotypes does require the reduction
in observing and thinking and being open minded. I was at a fly-in standing
by my little homebuilt helicopter which closely resembles a Bell 47 when a
little middle-aged lady in a print dress approached. Without consciously
doing it I had her as a sunday school teacher type person. Whooee. She had
flown Sky Crane helicopters doing logging and fire fighting and only had
4500hrs in the Bell 47. Yes my stereotyping couldn't have been much more
wrong.


Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 8:37 AM

Lew Hodgett wrote:
> Somebody wrote:
>
>> It will be short and sweet. They will try to make it sound different
>> but in
>> the end what they propose is to do nothing or if they have any
>> proposals for
>> change it'll be a change back to everything Bush did when in office.
>> Tax
>> cuts, tax cuts, tax cuts. That and deregulation. Get the government
>> off our
>> backs, leave business alone. Things will be fine if we just leave
>> things
>> alone. Not only have we heard their advice before but we just saw
>> what
>> happens when we follow it. It's called a depression.
>
> Laissez-faire anybody?
>

< Raises hand! Waves! >

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 7:17 PM

Hawke wrote:
>
>
> Hey, it's not the guy's fault. He's ignorant. He's never had a health
> problem that threatened everything he owns. He's never had a health
> insurance company cancel his policy because he has a problem they
> don't want to pay for or he's never had them raise premiums so high
> he can't pay them, and he's never had his employer drop his insurance
> and make him pay for it himself. Everyone who has had any of those
> things happen or simply doesn't have the money to afford insurance
> understands what is wrong. The good thing is that it's only a matter
> of time before him or someone in his family has one of those things
> happen. He'll sing a different tune when he or his wife has cancer
> and his insurance company says the treatment isn't covered. Just
> wait, it'll happen sooner or later. But that is what it'll take for
> him to get it.
>
>

Public policy made on the basis of ancedotal or apophrycal instances or the
"how would you feel if..." mantra is virtually guaranteed to be bad public
policy.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 3:18 PM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> >>>>> So would you rather have the government be involved in health care
> >>>>> or just leave it in the hands of people like used car salesmen?
> >>>>> There are private alternatives that are worse than the government.
> >>>>> How about having Bernie Madoff handling your health care or the
> >>>>> management of AIG? Think they would be better than the government?
> >>>>> I don't. The greed of businessmen is what
> >>>>
> >>>> False dichtomy and strawman. These are not the only choices.
> >>>>
> >>>>> makes them unacceptable for making decisions on people's health
> >>>>> care. You need people that aren't going to profit from your health
> >>>>> problems making the decisions. Hopefully, medical professionals
> >>>>> without a financial interest would decide what you need.
> >>>>>
> >>>>> Hawke
> >>>>>
> >>>>>
> >>>>
> >>>> This is hands-down the low point of this thread. If no one made a
> >>>> profit in healthcare there would be NO healthcare. Why should
> >>>> gifted people become doctors, pharma reseachers, nurses, or
> >>>> pharmacists? Without profit where is the incentive to risk $500M -
> >>>> $1B *per new drug* on the research side of things. In short, there
> >>>> would be few or no "medical professionals without a financial
> >>>> interest [to] decide what you need" without the opportunity for
> >>>> profit.
> >>>>
> >>>> I'll take greedy business people over boneheaded collectivist
> >>>> ideology any day of the week.
> >>>
> >>>
> >>> Of course you would but that is because of your short sightedness
> >>> and adherence to discredited right wing ideology, not because of the
> >>> facts. Plenty of organizations and businesses are non profit and
> >>> they operate just as efficiently and effectively as the for profit
> >>> ones. But how can that be when only profits make a business work?
> >>> Or maybe your set in stone beliefs are wrong.
> >>
> >> A "non profit" that doesn't run at a profit goes under very quickly.
> >> Calling your surplus of income over expendtures something other than
> >> "profit" doesn't make it any less so.
> >>
> >> And how many non-profits have brought new products to market?
> >
> >
> > Who knows?
>
> Do you know of _any_?
>
> > But I do know that bringing new products to the market
> > isn't only what non-profit businesses do.
>
> Hint--new medications are "new products". If, as you seem to be
admitting,
> nonprofits do not bring new products to market then who _will_ create new
> medications in your workers' paradise?
>
> > In fact many of them are
> > not in business to provide new products at all and have completely
> > different reasons for being.
>
> That's nice. So where do new meds come from if the pharmaceutical
industry
> is run as a non-profit?


The federal government pays for between 50 and 70% of all research and
development costs in the pharma industry. So there's your answer. It's
paying for most of the research for new drugs right now and that will
continue in the foreseeable future. So there you go. By the way, at least
half of the money spent by pharma goes to advertising not R&D.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:23 PM

Too_Many_Tools wrote:
> On Jun 9, 7:55 am, "[email protected]" <[email protected]> wrote:
>> On Jun 9, 4:25 am, Too_Many_Tools <[email protected]> wrote:
>>
>>
>>
>>> The Great Bush Depression.
>>
>>> If Obama isn't sucessful, your children will remember it as that.
>>
>>> TMT
>>
>> If Obama is not sucessful, my children, grandchildren , and
>> historians will remember it as" How Obama failed while spending
>> trillions, created the hyper-inflation and the largest deficit ever."
>>
>> Dan
>
> They will remember it as the The Great Bush Depression just as Hoover
> is remembered for the The Great Depression.
>
> Interesting how you are demonstrating a definite amnesia toward
> Republican contributions towards this mess.
>

But the truth will eventually come out, just as it did for FDR. Just this
week some researchers at UCLA concluded that FDR's tinkering with the system
actually prolonged the depression by seven years.
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 3:23 PM


"J. Clarke" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> >>> Take your pick. You can have your freedom or you can be an American
> >>> but you can't have both. Because if you're going to be an American
> >>> you have given up some of your freedom to be a part of something
> >>> bigger and more important than just your own selfish interests.
> >>> Being part of a country and "a people"
> >>
> >> You are dead wrong. My formulation is the one the Framers had in
> >> mind. Yours is the artifact of malignant 19th Century philosophy
> >> and evil 20th Century politics
> >
> > Well, when the framers lived the population was 4 million and 90% of
> > the population lived within 50 miles of the east coast. Given that,
> > they hadn't a clue as to what it would take or be like to keep order
> > in a country the size of this one in the 21st century. Plenty of
> > ideas of the time have passed. Jefferson thought we should all be
> > gentlemen farmers. I don't think he had that right. Thinking you are
> > the only person in the world and are free to do anything you want is
> > completely passe'.
> >
> >
> >
> >>> means that the society and the "people" are more important than the
> >>> individuals. Otherwise why would anyone sacrifice anything for
> >>> something like "country" when you are all that matters? If you
> >>> choose to be a part of
> >>
> >> You clearly haven't read or understood a shred of U.S. Revolutionary
> >> history and its intellectual foundations. Guys like Locke and
> >> Jefferson (and Adams, and Madison, and Paine, and Hancock, and
> >> Witherspoon, and ...) would hold your view in utter contempt.
> >
> > They probably would but they don't have the knowledge that I have
> > that has come from the hundreds of years since their passing. Times
> > have changed and if you look carefully you will find that most of
> > their ideas are either no longer working or are so changed that they
> > wouldn't recognize them if they saw them in action today. And by the
> > way, I hold some of their ideas in comtempt too. Lucky for me I have
> > the benefit of a couple centuries of knowledge they didn't. Otherwise
> > they would probably have different views too. I can't blame them for
> > thinking the way they did then because they were ignorant of many
> > things. But you don't have that excuse.
> >
> >
> >
> >>> society and part of a nation you make the choice to give up some of
> >>> your personal freedom it's the social contract. If you don't like
> >>> the terms then get out and find some place else where you live on
> >>> your own and are not a part of a larger entity. But if you are a
> >>> conservative you want to have everything you want for yourself
> >>> without giving anything up to the whole. In other words the honor
> >>> system won't work with people like you.
> >>
> >> I am not a conservative. But you are clearly a liberal - your
> >> argument
> >> is intellectually dishonest, unconnected to actual history, and ends
> >> with "love my view or hit the road".
> >
> >
> > Well, I do believe in liberal democracy, which seems alien to you even
> > though you live in one. You seem to be stuck in the wrong century.
> > All I am saying is that the world is a different place and the rules
> > have changed. You don't get to do everything you want when you live
> > in a place with thousands of others in a square mile, which is how
> > most Americans live. Like it or not you are part of the machine, the
> > society. There are rules to keeping the thing running and keeping
> > order. You just are a romantic and have not accepted the realities of
> > today's world. Can't say I blame you for that but this is the time
> > and place you exist in so I'd say learn to like it. You'll be a lot
> > happier.
>
> You should learn to quit telling other people how they should live their
> lives, then you would be a lot happier.
>
> Can't get anybody you know to listen to this bullshit in person so you
> bombard us with it instead.
>
> <plonk> you and the IP you road in on.


Right wingers are so quick to plonk people. It's no wonder. They truly hate
hearing facts that prove they don't know what they are talking about. The
plonk you just heard was the sound of another right winger's mind slamming
shut to keep the truth from getting in.

Hawke

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 9:27 AM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>
> <snip alleged dodging and weaving>
>
>>>
>> All of that dodging and weaving doesn't change the fact that the
>> government spent more than it took in for the last 50 years or so as
>> witnessed by the Department of Treasury's own accounting of debt:
>>
>> http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
>
> Let's try a simpler explanation: Debt includes future bond obligations, even
> intragovernmental bonds. But deficits (or surpluses) are based on current
> revenues and expenditures.
>
> If Treasury sells a bond to SS that comes due in 2020, it's counted as debt.
> But current SS expenditures versus current SS revenues show a surplus. The
> *entire US budget*, taken as a whole for the years 1998 - 2001, showed a
> surplus, as you would see if you looked at the government's own website that
> I pointed you to. Thus, Clinton ran a surplus.
>
> Don't confuse debts with deficits. It's a common mistake, but they aren't
> the same thing. You can have a surplus while you're accumulating debt, but
> the "debt," if it's an intragovernmental bond for SS, doesn't really
> increase the future obligation. The obligation was already there, by
> statute, or we wouldn't be selling that department bonds in the first place.
> SS is not China. <g> When we pay off a SS "bond," we take money out of one
> pocket and put it in another.
>
> So it's "debt" only to an accountant. It keeps their books neat and clean.
> But it doesn't tell you where the money is coming from or going.
>
> Again, from 1998 to 2001, our revenues exceeded our expenditures. And we
> used the surplus to pay off and retire some public debt, in the form of
> conventional Treasury bonds. Clear now?
>
>> If the trust funds are only an "accounting mechanism" and SS and others
>> would be funded anyway, why collect more than is needed for current
>> obligations?
>
> You could read the Congressional testimony given by Greenspan and others
> around 1985. Their logic was impeccable. The reality was a crock. <g>
>
>> The answer is to mask $3-4 hundred billion of annual
>> deficit spending so that politicians could claim "balanced budgets" and
>> "surpluses".
>
> There was no deficit spending in 1998 - 2001. Look again at the website I
> pointed you to:
>
> http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf (see page 21)
>
> Oh, nuts, I see that I forgot to paste the URL in the last message. I said
> "see page 21," and then didn't say page 21 of *what*. <g> Sorry about that.
> If you go there now, you'll see what the current revenues and expenditures
> were. That shows a surplus. Debt is something else, which we have discussed.
>
>> This business of worrying about SS and others when the "trust funds" are
>> exhausted is pure BS. The problem with all of these programs will occur
>> as soon as receipts don't cover expenses because the trust funds only
>> contain IOUs. To collect on those, the trust funds will present them to
>> the federal government and the federal government will have to get the
>> money from their only source - taxpayers. So far, this only amounts to
>> $4 trillion or so, but it is growing fast.
>
> Exactly. But it will be paid out of future revenues. If there are no future
> revenues, the country goes bust, and you can forget SS, anyway.
>
> But that's absurd.
>
> You seem to get the fact that the supposed "debt" of SS obligations is not
> debt at all, but future obligations that will be funded from future
> revenues. They were exactly the same obligations we had before we started
> the "Trust Fund" and counted them as "debt." If that's so, why are you
> finding it so hard to realize that we ran a surplus in 1998 - 2001, or that
> the "bonds" are mostly a fiction, in terms of money, rather than accounting?
>
> --
> Ed Huntress
>
>
I guess it's old math - the meaning of surplus, deficit and their effect
on debt. If you have a deficit (expenses exceed revenue), your debt
goes up because you had to borrow the difference. If you have a surplus
(income exceeds expenses), your debt goes down because you use the
difference to pay some/all of your debt. At least that's the way it
works in my house.

In the governments case, it doesn't really matter who they owe money to
- China or the SS trust fund or a savings bond holder. When a bond
holder redeems a bond, the taxpayer is the source of the money.

MA

"Michael A. Terrell"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 7:12 AM


"J. Clarke" wrote:
>
> Liberals are just as intolerant as conservatives, what's different is the
> things they find intolerable.


Especially the ability to think for yourself.


--
You can't have a sense of humor, if you have no sense!

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 4:04 PM

Drew Lawson wrote:
> In article <[email protected]>
> "Hawke" <[email protected]> writes:
>> Take one trait that is common among liberals; tolerance. This same trait is
>> not shared or highly regarded by conservatives. A trait they like a lot more
>
> I must call bullshit on that one.
> I find tolerance to be about equally practiced by liberals and
> conservatives, though you may find it preached more frequently by
> (political) liberals.
>
> It is a trait I rarely see displayed by pundits of either side.

That's one of the reasons I said Hawke's post was a load of shit. Most
of the most vehemently intolerant people I know are liberals. Of
course, that depends on what your definition of "intolerant" is... If
it's aimed in the right direction, it's somehow "justified".

--
See Nad. See Nad go. Go Nad!
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:56 AM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
> > Ed Huntress wrote:
> >> "Tim Daneliuk" <[email protected]> wrote in message
> >> news:[email protected]...
> >>> Ed Huntress wrote:
> >>> <SNIP>
> >>>
> >>>> There is no real competition in the health care insurance industry,
> >>>> except
> >>>> for the management of large corporate accounts. Large corporations
are
> >>>> not
> >>>> actually insured by insurance companies; they're self-insured, with
the
> >>>> big
> >>>> insurance companies managing the account for a fee. Corporations have
> >>>> the
> >>>> best set of incentives to drive health care effectively and
efficiently
> >>>> but
> >>>> it isn't like buying iron ore or accounting services for them, and
> >>>> they,
> >>>> too, are limited in how much they can shape the overall system.
> >>> Nonsense. Take a look at what is going on in places like Wal-Mart
> >>> and other large chain clinics that are operating on a no-insurance
> >>> basis (at least some of them are) and compare their prices to the
> >>> costs assessed in traditional government-supported care facilities.
> >>> It's not even close. Take a look at what happens to pharma prices
> >>> when the regulatory bozos get out of the way and let people
> >>> order their meds over the internet.
> >>
> >> Nonsense back at you. <g> If you select a few treatments, drugs, and
> >> tests
> >
> > :)
> >
> >> that you're going to supply to the exclusion of all others, and don't
> >> have
> >> to carry the full overhead of a regular medical facility, you can make
> >> them
> >> as cheap as you want to. It all depends on what you're going to do.
> >
> > That's right. Just like all markets, some actors are specialists, some
> > are generalists, some make money at volume, some make money in boutique
> > niches. That's what *markets* produce and government never will:
> > Self directed efficiencies.
> >
> >>
> >> As for letting the regulatory bozos get out of the way, Wal-Mart's
> >> clinics
> >> are fully government regulated, and they are in most, if not all cases,
> >> co-sponsored by local hospitals. If someone shows up with something
more
> >> serious they send them on to the hospital:
> >>
> >> http://walmartstores.com/FactsNews/NewsRoom/6419.aspx
> >
> >>
> >> Wal-Mart's initiative is a good one, but it's a part of the existing
> >> system -- licensing, regulation, and so on. They're regulated the same
as
> >> any other pharmacy or treatment facility. They just concentrate on the
> >> least
> >> expensive kinds of work. As for high pharma prices, they're the result
of
> >> the US having the world's only major drug market with no price
> >> regulation.
> >> When you buy patented drugs or generics, you're paying the free-market
> >> price
> >> for either one. The high prices are not the result of regulation;
they're
> >> the result of LACK of regulation. Just look at what the same drugs cost
> >> in
> >> other countries, where prices are regulated to beat hell.
> >
> > Uh ... that was a nice dance, but not convincing. The "regulation"
> > to which I was referring was that which prevents U.S. citizens from
> > freely seeking the lowest cost pharma over, say, the internet, whether
> > or not it is a U.S. source. The "regulation" to which you refer is
> > the distortion of price created when the force of government
> > is used to keep prices artificially low. This has all kinds of
> > secondary consequences as you well know - it is not a free lunch.
> > In an open market with all players operating honestly, competition
> > over the long pull will drive prices down, not up. The only reason
> > some drugs cost so much today (or at least one of them) is that
> > the manufacturer is amortizing their R&D costs over the relatively
> > short period of time that they have exclusive control of the drug
> > they paid to invent (i.e., Before it goes generic.)
>
> Before we go off on a tangent, let me see if we understand each other
about
> how the pharma business works.
>
> Here's a typical new drug, called a "small molecule" drug to differentiate
> it from biological drugs, such as human insulin (which really is produced
by
> genetically modified e. coli bacteria): The basic research is done in a
> university research lab -- with a lot of taxpayer money. If they come up
> with something, they license it to a Big Pharma company. (The university
> doesn't give the taxpayer money back no matter how much they collect on
the
> license fees. This is what keeps university hospitals and research centers
> afloat these days, since much of the federal money has dried up.)
>
> The "drug" that the lab licensed is really just a chemical at that point,
> not a drug. It probably would kill you in the form they produce it, but
not
> always. The Big Pharma company puts the chemical into their own
development
> lab, modifies it, and develops it up to the point where it's ready for
human
> trials. This is all Big Pharma's money -- a lot of it. If the drug has
been
> sufficiently modified that it justifies a patent different from the one
the
> university has on the drug, they patent the drug at this point. The patent
> clock is now ticking, if it hasn't been from the day they got their hands
on
> it. I forget how many drugs make it this far but it's on the order of one
in
> ten.
>
> Then the drug goes into clinical trials. This is where the really big
money
> goes, typically tens or even hundreds of millions. Teams of overpaid
> staffers are doing all sorts of things at this point, not the least of
which
> is trying to figure out how hard a time they're going to get from the FDA.
> The latter has given some hint of what they want to see because they had
to
> approve the human trials. Many people -- starting with dozens, and
sometimes
> running up to tens of thousands -- are taking the drug before the clinical
> trials are completed.
>
> Then the FDA looks over the results and decides whether, and on what
terms,
> they'll approve the drug. The Big Pharma company has already placed its
> bets, often putting tens of millions into pre-approval marketing before
they
> know for sure if the drug will be approved. Most drugs that have gotten
this
> far will be approved. But three to ten years of the patent's life have
been
> eaten up getting here.
>
> Then the drug goes on the market. More tens of millions go into marketing.
> The price is set on the basis of expected returns over the remaining
patent
> life of the drug, and amortizing all of the research, marketing, trials,
and
> other expenses incurred up to this point. The drug may sell for a couple
of
> dollars per dose, or a couple of hundred.
>
> If this is a drug with some rough edges, or if it's one with only a modest
> benefit (like a fat drug), the FDA will require extensive post-marketing
> trials and monitoring. This is where some drugs go in the tank. Something
> that doesn't show up when a few thousand have taken it under very
controlled
> conditions may rear its head when hundreds of thousands or millions are
> taking it in the wild. If too many people die or are crippled by the drug,
> relative to the FDA's utilitarian calculus of its benefit, the drug is
taken
> off the market. Or, more likely, it will get a big black-box warning on
the
> package. Fat drugs and hair restorers don't get much slack. Cancer drugs
for
> late-stage terminal patients that save 20% of the people who take it,
while
> killing 5% of the remainder outright, are going to get a lot more slack.
>
> Now, here's the interesting part to us US citizens: Our government doesn't
> control the price, even when the government is paying (Medicare,
especially
> Part D), but every other government does. So it may cost 5 times as much
or
> even more in the US as it does in Canada, France, or Mexico. It's been
said
> that every other government is parasitic off of the US drug-development
> system, but the EC did some studies that says we get most of the good
pharma
> jobs and those big research centers as a result, and we actually make out.
I
> doubt if we really make out in the end, but that's a side issue. Let's say
> it satisfies our free-market doctrine and helps us keep the libertarians
on
> the reservation. We sure don't want to let them get into the FDA
regulations
> or we'll be dropping like flies. <g>
>
> Yet, the pharma companies will claim they make a profit selling the drug
in
> Europe or South America at, typically, 1/3 the price they sell it for in
the
> US. Like the Social Security Trust Fund, it's all in the accounting. The
> research and other upfront costs are written off against the US sales. The
> rest of the world is charged with the manufacturing cost, distribution,
and
> sales costs to that country, and, often, that's it. If it's a rich country
> with a little slack in their pricing there will be some fractional
recovery
> of upfront costs from that country, too. But the US is the big sugar
daddy.
> Even if the drug is developed in Switzerland, it's the US market where
they
> intend to recover the development costs, including the costs of all of
those
> drugs that didn't make it out of the research stage or the trials.
>
> If you short-circuit this system by buying drugs "on the Internet" (read,
> "from foreign sources or from black-marketeers in the US with a foreign
> supply"), you're changing the game in mid-stream -- the game being the
> patent life of the drug. And if it's made legal, that will pretty much
kill
> off the introduction of new drugs and crush the pharma industry, except
for
> the generics producers. That is, unless the government starts financing
the
> whole development process, and nobody wants to go there.
>
> You may think that's OK. People who are waiting for new drugs to save
their
> lives may disagree. In any case, without the free market in the US and
> protection from sales coming from overseas, that's the end of the drug
> business, except for the drugs we already have.
>
> I'm not being judgmental about this, only describing the reality. Are we
on
> track about how it all works? Competition is not the issue. Life or death
of
> new drug development is the issue.
>
> >>
> >>>>> Prices are artificially high today
> >>>>> precisely because the providers are guaranteed government payment
> >>>>> for some part of the service or pharma vended.
> >>>> How does that explain the fact that health care prices in Europe run
> >>>> around
> >>>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
> >>>> payment
> >>>> there?
> >>> Now compare the depth, completeness, and speed of care here and there.
> >>> Care can cost more in the U.S. because everyone wants - and mostly
> >>> gets -
> >>> instant, very high quality care on-demand. This is decidedly not the
> >>> case in the socialized systems with which I am most familiar (Canada
and
> >>> the UK leap to mind).
>
> That doesn't explain why they get better outcomes overall. And they do.
You
> can find the studies on PubMed (PubMed Central, if you want to read the
full
> articles for free).
>
> >>> Also, those European "prices" often to not
> >>> fairly reflect the actual tax burden associated with them. Something
> >>> can only be "cheap" or "free" in that world if someone is propping it
> >>> up with Other People's Money.
>
> I'd have to see your sources on that one. All indications are that the
> accounting is accurate.
>
> >>
> >> There have been endless studies that show that simply isn't true. Those
> >> are
> >> mostly myths. Of course European costs are paid with taxes. But the
> >> accounting for costs has been done by the best professionals in the
> >> field.
> >
> > That doesn't give me a lot of confidence.
>
> If you know better, you have a future in debunking a lot of very expensive

> article research.
>
> > Government accounting
> > "professionals" managed to miss the Fannie/Freddie meltdown, the
> > incorrectly rated CDO debacle, the naked shorting and all the rest we
> > see today. Government always acts by coercion or the threat of same.
> > It cannot help therefore but to distort price and therefore market
> > dynamics. That's why I can buy a hammer for $25 that costs the Air
> > Force $600.
>
> I'll bet their hammer is a lot better than yours. <g> Those stories are
> always cut short; I tracked down a few of them when I was an editor at
> _American Machinist_. Those weren't researchers, they were fancy
> quartermasters.
>
> >
> > As to the healthcare on average being inferior in socialized systems,
> > I had extensive discussions on the matter with a number of my Canadian
> > relatives working *in* that healthcare delivery system. They all
> > independently say more-or-less the same thing: If your condition
> > is life threatening, you will receive adequate or better. In all other
> > situations you will receive slow, rationed care where in the Big Bad
> > Government Bureaucracy decides just what- and when you will get.
> > A goodly number of people with non-life threatening problems like
> > gall stones, buy travel insurance and manage to have an "attack"
> > while visiting the U.S. - it's the only way they can get relief
> > from their suffering in a prompt manner. Other examples abound
> > in the U.K. system.
>
> Then how do they get better results?
>
> >
> >>
> >>>> Medicare pays only about 80% of what private insurance pays; Medicaid
> >>>> pays
> >>>> even less. The price standards are set by private managed-care
> >>>> insurers,
> >>>> not
> >>>> by the government. If it was government-pay only, prices would be at
> >>>> least
> >>>> 20% less just by that fact alone. And corporate benefits managers in
> >>>> Fortune
> >>>> 500 companies are the ones who are determining the managed-care
rates.
> >>> No they wouldn't - the *apparent* price would fall because - like I
> >>> said -
> >>> the collectivists never want to express the real cost of burdensome
> >>> taxation,
> >>> government bureaucracy, and picking up the tab for the various kinds
> >>> of self-inflicted wounds so popular among today's professional
victims.
> >>> You're an economist (or very well educated therein). You should know
> >>> this
> >>> better than anyone: Price is a measure of scarcity that directs
> >>> resources.
> >>> Without a fair and transparent market, price/scarcity cannot be
> >>> ascertained.
> >>> When government is in charge, it artificially decides what is- and is
> >>> not
> >>> scarce and who should get what. This is inefficient, expensive, and
> >>> ultimately
> >>> ineffective, at least by comparison to the alternatives.
> >>
> >> <ho!> Economics is one of my two lifelong academic hobbies, the other
> >> being
> >> constitutional law, although I did study it some in college. My son is
a
> >> senior economics major and math minor, and he's already disgusted with
my
> >> inability to follow the econometric models he works with. I don't do
> >> third-semester calculus or linear algebra. <g>
> >
> > (That's the fun stuff, though I personally loved the more esoteric
corners
> > of systems of differential equations, and much later, computational
> > theory.
> > You haven't lived until you've spent a whole weekend doing a single
> > proof. SWMBO once picked up one of my texts and said, "There is
literally
> > nothing in this book I can read, let alone understand" - it was almost
> > entirely symbolic.)
>
> I'm with your SWMBO.
>
> >
> >>
> >> I'm a writer and editor. Before I went freelance again, I spent five
> >> years
> >> in medical editing, winding up as Senior Medical Editor in the managed
> >> care
> >> (HMOs, PPOs, Medicare) division of a medical communications company.
That
> >> was a full-body immersion in the economics of health care, and I worked
> >> with
> >> some top experts in medical economics.
> >>
> >> As for competition in the field, of course it would be the best way to
> >> handle it and is always to be preferred, IMO, if the pieces align to
> >> produce
> >> the benefits we all associate with real competition. But, as I said,
> >> competition is pretty much an illusion in health care. We're the only
> >> developed country with no price regulation on drugs -- it's a
free-market
> >> free-for-all. And we have the highest drug prices in the world, by far.
> >> It
> >> seems that people will pay anything they can to prolong their lives.
> >> That's
> >> why Europe has lost so much of their pharma infrastructure to the US;
> >> this
> >> is where the real money is. Within 25 miles of my house, our clients
> >> included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too
> >> many
> >> others to list.
> >
> >
> > That's why we should *deregulate* things like where people buy their
> > pharma.
>
> See above.
>
> > You'd see a big equilibrium in price being established when the
> > Canadians,
> > Brits (and other Europeans) realized that by selling pharma to the U.S.
> > consumer, their own taxpayers would effectively be underwriting the
> > costs. Nothing forces people into global transparent markets like real
> > (honest) global competition.
>
> No country today is going to start funding drug development costs that
> they've pawned off onto us for decades. We're the only ones who are
> ideologically blinded enough to do it. Even the Japanese don't do it.
>
> >
> > You also note - perhaps without meaning to - a real downside to
> > regulation:
> > It drives out the innovators. Why on earth would a Pfizer or Merck want
> > to live in the morass of EU regulations when they can stay here,
innovate,
> > profit, and do well instead.
>
> No reason at all. That's why you pay 3 to 5 times more for drugs here.
Katie
> bar the doors, and praise the Lord...this is the promised land for the
> pharma industry. <g>
>
> > This is the central fallacy of the
> > "healthcare shouldn't be profit motivated" scheme of things. It is one
> > thing to either legislate or regulate around poor product quality and/
> > or outright fraud. It is quite another to say "we the villagers with
> > torches
> > will take your pills and tell you how much we'll pay for them, if
> > anything."
> > Distorting markets creates horrible results whether the distortion stems
> > from fraud or government meddling - they are equivalent in their general
> > results.
>
> I would never say it *shouldn't* be profit motivated. I *will* say that
> profit incentives in health care often lead to undesirable results. This
is
> one of the situations that Stiglitz described when he wrote about the
> situations in which normal market incentives don't work, or aren't really
> present.
>
> >
> >>
> >>> <SNIP>
> >>>
> >>>> You can, however, get much better results by aligning incentives
> >>>> properly
> >>>> so
> >>>> that all health care management is driven toward a goal of providing
> >>>> better
> >>>> care for less money. That won't happen as long as the system is
mostly
> >>>> private, because the financial incentives for health care insurers,
for
> >>>> example, are to deny coverage as much as possible; to pay providers
as
> >>>> little as possible; and to exploit the vast statistical and actuarial
> >>>> complications of health care, along with an advertising and promotion
> >>>> program in an effective cost benefit ratio, to give the impression of
> >>>> better
> >>>> service while actually providing as little as they can get away with.
> >>>> Financial incentives for other providers in the system are similarly
> >>>> twisted
> >>>> and perverted, although the case is most obvious on the insurance
side.
> >>> IOW, the only way to fix the incentives is by the point of the
> >>> government's
> >>> gun. You want to replace voluntary private sector commercial
> >>> arrangements
> >>> with the coercive power of an institution than can't run the DMV
> >>> properly,
> >>> can't manage to appoint a cabinet full of people that have all paid
> >>> their
> >>> own taxes, can't manage to balance a budget, and mostly works like a
> >>> large scale version of villagers with torches. Wonderful.
> >>
> >> I'd disagree with your characterization of government. If you want to
see
> >> a
> >> screw-up, you should see the way Sanofi handled the last drug I worked
> >> on,
> >> spending $110 million on pre-approval marketing alone, and then having
> >> the
> >> drug fail FDA approval -- for a good reason that S-A should have known
> >> going
> >> in.
> >
> > Right, but *I* don't have to pay for their screwups - their shareholders
> > do.
>
> An illusion. Their prices across the board are set to cover such losses.
> Shareholders took a brief hit on that one (rimonabant), because it was
such
> a huge investment. But you and I will pay in the end.
>
> > Their shareholders also have the ability to easily get rid of the
> > bozos in charge of the screwup. That is *not* the case with government.
>
> The bozos are still there, as is usually the case.
>
> > The majority of the government that pushes us all around is NOT elected.
> > It is the various flavors of regulators and other appointed civil
servants
> > that really run day-to-day government. Short of a very expensive
lawsuit,
> > it is essentially impossible to get the BATF, EPA, IRS, DEA, FDA, BLM,
and
> > all
> > the rest of the alphabet soup of government to back off when they are
> > wrong.
> > When the private sector is wrong is fails and either adjusts or
> > permanently
> > disappears (unless they have a kindly idiot President bailing them out
> > of their own sins). When government fails, it just spends more money
> > doing more of the same - there is no meaningful feedback loop for most
of
> > government. I'd guess that in an average year, the government screws
> > up a lot more, bigger, and with more money than the vast bulk of
> > private sector.
>
> I'll bet we read the same Civics textbook. I think that one is out of
print.
> <g>
>
> I have to say that you've made your point of view clear, Tim, and I agree
> with most of it in principle. But principles often get in the way of
> actually seeing what's going on. The reality often doesn't agree with the
> ideology, and that's clearly the case with health care.
>
> As I said, competition would be great, if we were talking about plows or
> electricity production or automobile tires. But it doesn't work without
> regulation in many cases. And in the case of healthcare, just getting the
> incentives aligned to benefit the consumer has been beyond anyone's
ability
> for a very long time.
>
> I don't know the anwer, but I've worked in the industry and I know it's a
> train wreck.
>
> >
> >
> >>
> >>
> >>>> That's not to say health care providers are so cynical that they're
> >>>> driven
> >>>> only by money, or that they'll always grab the opportunity to
deceive.
> >>>> I
> >>>> worked in that industry long enough to know better. But if financial
> >>>> incentives are pulling one way and ethical incentives are pulling in
a
> >>>> different way, ethical considerations are going to lose some, if not
> >>>> most,
> >>>> of the battles. In the end, profit is the most demanding incentive,
and
> >>>> the
> >>>> ways to achieve it are mostly counter-productive to the goal of
better
> >>>> and
> >>>> more cost-efficient care. As the system is structured now, there is
no
> >>>> benefit to coming up with a solution that's 95% as good, but at half
> >>>> the
> >>>> price. Only killing 5 people out of 100 is not a good advertising
> >>>> slogan
> >>>> in
> >>>> the health care business.
> >>> Again, you fail to make the comparison with the alternative. The
> >>> government has *no* respect for ethics - only power. The government
> >>> innately works for the "group not the individual - I can think of
> >>> no more terrifying place to apply this than healthcare: "Since, on
> >>> average,
> >>> people your age don't get strokes, we're not obligated to do much
about
> >>> yours." The government operates by compromise not principle and it
will
> >>> always be worse, therefore, than the most debauched profit-motivated
> >>> private sector actor (except those that act fraudulently).
> >>
> >> The relative success of other countries' systems suggests that is so
much
> >> bunk. I worked in the health care industry. I have no faith in its
> >> structure
> >> of motivations, incentives, or results, taken as a whole. The system,
as
> >> it
> >> really works, doesn't give a damn about you -- unless you have a lot of
> >> money, in which case you're all set.
> >
> > Given a serious medical condition that required state-of-the art
> > skills, tools, and practitioners, would you prefer to be treated
> > in the U.S. or in one of the collectivist nirvannas you cite?
>
> If you're paying, I'll get treated in the US, at the finest hospital,
> please, and with a private room and nice looking nurses. <g>
>
>
> >
> >>
> >>>> Whether the system is mostly private or mostly government-run matters
> >>>> much
> >>>> less than how well the incentives can be aligned with the goals of
> >>>> producing
> >>>> the best service at the lowest cost. Unlike most industries, health
> >>>> care
> >>>> is
> >>>> inherently resistant to the benefits of competition, for the reasons
I
> >>>> cited
> >>>> above. It isn't that competition and beneficial incentive structures
> >>>> are
> >>>> impossible; it's just that no one has figured out how to accomplish
> >>>> them.
> >>> Wal-Mart has. Some of my local drugstore chains have.
> >>
> >> Right. For flu shots and blood pressure testing, and to dispense cheap,
> >> 50-year-old drugs whose patents have long expired.
> >
> > I have direct experience with a family member that belies this. I
> > watched the corner cheapo clinic diagnose a family member with
> > a life threatening condition that precipitated hospital care
> > and saved the person's life. No, the cheapo clinic didn't have
> > the resources to treat the problem, but as a first line of triage -
> > where so much cost is sunk today - they did just fine, and for only
> > a few hundred dollars.
> >
> > As I said above, you need generalists, specialists, and so on all in
> > the medical ecosystem. Smith's Pin Factory example leaps to mind...
>
> I don't disagree with that. In fact, that's what we have. And we still
have
> a broken system.
>
> >>> The freestanding
> >>> "quicky clinic" on the corner has. The real problem here in IL is
that
> >>> the liability laws are insane and are driving medical practitioners
out
> >>> of
> >>> the state. When a newly minted Ob/Gyn has to pay upwards of a half
> >>> million
> >>> dollars (give or take) per year for liability insurance, it's hard to
> >>> keep those folks in state.
> >>
> >> That's the free market for you. Nobody is regulating tort lawyers. It's
a
> >> free-enterprise system, with a democratic selection of juries. d8-)
> >>
> >> Now, if the quicky clinic was so bold as to get into the riskier
aspects
> >> of
> >> medicine, they wouldn't be so cheap. But ask for an arterial stent and
> >> they'll send you away.
> >>
> >
> > The whole tort thing is really troublesome. On the one hand you
> > want people truly harmed to have redress. On the other, it's become
> > a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
> > I would also point out that the problem is largely not the
> > judges, it is the *juries*. Having served on a criminal jury, I shudder
> > at the thought of ever being at a jury's mercy in either criminal or
> > civil court.
>
> It's true that many cases anger juries (or anyone) so much that they want
to
> hit the doctor or the hospital really hard, to punish rather than to
> compensate. That's a fundamental issue with torts in the US today.
>
> But there are some misconceptions here, too. If you just look at the sum
of
> awards in the country for medical malpractice in a year, the amount is
> trivial. It's the insurance that's outrageous. I started to read an
analysis
> of this once but I never finished it. I really don't fully understand
what's
> going on.
>
> BTW, I forget to post a URL in the last message that succinctly explains
the
> role of the Fortune 500 companies in bargaining for better health
insurance
> at lower prices. It's one of the few instances in health care in which
> competition really works. And the standards set by employer policies
> influence the other private insurance policies, and have some influence on
> rates. Here's the article:
>
>
http://www.insurancerate.com/177-health-insurance-big-corporations-use.html
>
> But its future is uncertain. Among companies with 200 or more employees,
98%
> still offer health insurance, although with an increasing percentage of
> employee contribution.
>
> If you really want to dig into it, here's a lengthy 2006 report from the
> Kaiser Family Foundation. We used this report when I was editing medical
> material. Note Exhibit E on page 4:
>
> http://www.kff.org/insurance/7527/upload/7527.pdf
>
> --
> Ed Huntress


I don't think you're getting anywhere, Ed. This guy doesn't seem to have any
notion of what just happened when we had a government that did just the sort
of things he's advocating. Deregulation, small government, free market
solutions to every problem, privatization. The last administration did
everything it could to do just what he's recommending and the result is that
this country is a disaster scene. It makes me wonder how could he be
recommending this shit when it was just tried and it failed so completely.
It just goes to show you that no matter how good one is at math that doesn't
mean you know shit about anything else. Which he just proved. Keep sending
your troops over open ground to face machine gun fire Tim. Just because it
failed over and over doesn't mean you shouldn't keep doing it. That's right
wing thinking at its best.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 7:44 AM

Tim Daneliuk wrote:
.
>
> "Most" of it was no such thing. A good many of us that are
> careful investors never touched a CDO, never overleveraged
> our mortgages, and would have been just fine through all this
> except for one thing: Our incompetent President is busy
> both taking wealth away from those who have it, worse still
> destroying the institutions that create it, and worst of all,
> pursuing a profligate spending policy that assures the
> devastation of wealth over the longer term. In effect,
> those of us that acted responsibly are seeing our life's
> work stolen from us and given to the irresponsible poor
> and the irresponsible rich. And *that* is Obama's true
> legacy in the making.
>

There's a method to his seeming madness. Believing, as he does, in equality
of wealth, by driving up the debt he insures that the affluent, for decades
to come, will have much of their capital drained away through taxes. This
will improve "equality" and diminish the spread between the wealthy and the
poor. We all will get closer to parity.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:24 AM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> rangerssuck wrote:
> >
> > Well I think you've hit the nail on the head. The problem here is that
> > those on the right really don't believe that there is such a thing as
> > "common good." They believe that the good of individuals is the only
> > goal. As long as I am doing well, it doesn't really matter how you are
> > doing - that's your problem.
>
> Right. Adam Smith settled this hash in the 18th Century with the
publication
> of "The Wealth of Nations." In that work, he posited the "Invisible Hand"
> (viz.) concept which, briefly, says that when all act in their own best
> interests, the community, as a whole, prospers.
>
> Conversely, history has demonstrated that when all are compelled to work
for
> the "common good" the community suffers.


History has also demonstrated that it has passed by most of the 18th century
Adam Smith concepts just like it kicked to the curb other ideas of the time
like women are chattel and blacks are not human beings. If Smith were alive
today he'd disavow nearly everything he wrote in 1776.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 2:32 PM



> >Take one trait that is common among liberals; tolerance. This same trait
is
> >not shared or highly regarded by conservatives. A trait they like a lot
more
>
> I must call bullshit on that one.
> I find tolerance to be about equally practiced by liberals and
> conservatives, though you may find it preached more frequently by
> (political) liberals.
>
> It is a trait I rarely see displayed by pundits of either side.


The point is this, is the word tolerant one that is frequently used when
describing a conservative? There is just no denying the fact that tolerance
of other views, ideas, or lifestyles is not something that is commonly
associated with conservatives. You can deny that all you want but liberals
are always more associated with being tolerant than conservatives are.
That's just a fact.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 3:18 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> >
> >
> > I have some bad news for ya. Your "do nothing" recommendation is just
> > what the Hoover administration thought was the right medicine for the
> > country in 1929. Their view was that the depression was like a
> > hurricane. The best thing you could do was get out of the way and let
> > it happen and then clean up afterwards. You will understand if we
> > don't think that is a smart way to handle our problems. It didn't
> > work then and it won't work now. Why else would the government not be
> > following your and Hoover's advise to just do nothing? Maybe because
> > they know something you don't. Like history.
> >
>
> Actually we don't know whether a "do nothing" approach would have worked.
> FDR tried all manner of fixes. The latest research indicates that FDR's
> tinkering actually made the depression worse.
>
> FDR's policies prolonged Depression by 7 years, UCLA economists calculate
>
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx


Two things you need to understand. One, Hoover was president until FDR took
over in 1933, which means he was handling the depression from the day of the
crash 10/29/1929 until the day FDR assumed power. Check it out. This was
years for him to put in policies that would have done something to change
the situation. They did nothing and it only got worse. By the time FDR took
over the country was so far down that getting out again was going to be far
harder than if Hoover had acted quickly and done what our government has
done this time.

Second, you need to understand that a group of revisionist historians have
put forth the idea that the New Deal was ineffective and didn't do any good
and didn't help get the country out of the depression. These people have an
anti FDR, anti Democrat, agenda. If you check what mainstream historians say
about the New Deal the consensus is that it did work. It didn't end the
depression but it went a long way to improving conditions in the country.
The massive spending for WWII was what finished what FDR had started. But if
you want to you can believe the view of a minority with an agenda. That is
what I would expect.

Hawke

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:30 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Calif Bill" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Ed Huntress" <[email protected]> wrote in message
>> news:[email protected]...
>>>
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>
>>> <snip>
>>>
>>>> <Butts In To Ask A Really Dumb Question>
>>>>
>>>> OK, here's what I don't understand. If SS is paid out of
>>>> current revenues - indeed *all* statutory entitlement
>>>> commitments are, if I understand your explanations - then
>>>> just *what* is responsible for our national debt? Debt
>>>> is only possible if we're spending more than we're collecting
>>>> as a nation. No amount of accounting gymnastics changes
>>>> this. Since statutory entitlements comprise well over half
>>>> the annual budget, the rest primarily being Defense, servicing
>>>> the debt and administration (what we in the Real World call
>>>> "SG & A"), are you arguing that the debt is entirely a
>>>> consequence of these latter three? 'Seems unlikely to me.
>>>>
>>>> Inquiring minds wanna know...
>>>
>>> As convoluted as this thing is, there are no dumb questions.
>>>
>>> I mentioned that the separate accounting for SS is helpful to tell where
>>> it stands, and from the data it's clear that the funds designated for SS
>>> (FICA payroll taxes) are more than enough to pay for SS through 2017:
>>>
>>> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the
>>> PDF, or "CRS-6" of the document)
>>>
>>> So Social Security isn't adding to the deficit.
>>>
>>> Medicare is more complicated; parts A, B, and D each are funded
>>> differently. As of a few years ago, total Medicare was funded 41% by
>>> general revenues, and most of the rest through payroll taxes and other
>>> designated funds. Total Medicare revenue in 2005 was around $440
>>> billion, so 41% of that could be counted as contributing to the deficit.
>>>
>>> There are many other "trust funds" that have designated sources of
>>> revenue, but many of those actually are just designated portions of
>>> general revenues.
>>>
>>> So you can see what we're spending money on by looking at any of the pie
>>> charts and other graphs online. Here's one for FY 2008:
>>>
>>> http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
>>>
>>> Just remember that the big chunk represented by SS is totally funded by
>>> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
>>> revenues. Pretty much everything else comes out of general revenues.
>>> That "everything else," plus 41% or so of Medicare, are the sources of
>>> deficit spending.
>>>
>>> In other words, aside from SS and 60% or so of Medicare, most other
>>> statutory entitlement expenditures are *not* coming from designated
>>> revenue sources. They are, in fact, major sources of deficit spending.
>>> So is defense and the non-budget expenditures for the war in Iraq,
>>> Homeland Security, and all of the discretionary spending items.
>>>
>>> The pie charts are real eye-openers for most people. Just remember about
>>> the dedicated funding for SS and 60% of Medicare. The total amounts
>>> spent on them show up in the pie charts, but they aren't coming out of
>>> general revenues.
>>>
>>> --
>>> Ed Huntress
>>>
>>
>> I used to think you had a handle on finances. Not anymore. The reason
>> we are not running deficits at the present time for SS is there is a
>> surplus of funds entering the system Those surplus funds are being spent
>> in the general fund.
>
> That's always been the way SS is run, from the 1930s on. Some people seem
> to have just noticed within the past few years. <g>
>
> As for not running deficits at the present time because there is a surplus
> of funds entering the system...duh, yeah, that's what happens when more is
> coming in than going out.
>
>> Hiding even more deficit spending.
>
> It's not being hidden from anyone who looks. It is being hidden to people
> who don't look. But they couldn't find their butts without a night light
> to begin with. They always think they're being tricked, because they keep
> tricking themselves, and they're too lazy to look.
>
>> Interagency government borrowing does not show up in the National Debt
>> column.
>
> To clarify things, you're using the traditional definition of "national
> debt," which is public debt. And that's quite true. Intragovernmental debt
> is not part of what the government owes to those outside of government, so
> it doesn't show up as public debt. But that's axiomatic.
>
>> But that money is owed.
>
> To...ourselves. <g>
>
>> And will have to be paid back by higher taxes on workers.
>
> That depends on how the economy stands at the time it comes due.
>
>> Guesstimate in 2017. Maybe on the high side with the economy in the
>> tank. The war in Iraq is not a source of Deficit Spending. It is a
>> government expense just like the salaries of the Congress. Deficit
>> spending is because we keep having more federal expenses than revenue.
>
> Duh...maybe you could explain the difference. ALL government spending from
> general revenue is a source of deficit spending, when you aren't taking in
> enough revenue to cover it. That's what happens when you cut taxes without
> cutting expenses.
>
> Off-budget items like the war in Iraq are especially egregious in that
> regard, because nobody even *tried* to cover it with revenue. Bush just
> said "keep shopping and don't worry."
>
>> We have a Congress and President that shows no fiscal restraint.
>
> So was Reagan. So was Bush II. And they didn't even have a real reason for
> it. You deficit-spend when the economy is tanking. That's mainstream
> economics. You don't deficit-spend when the GDP is going up. That's
> lunacy. And Reagan's budget director, David Stockman, said as much a few
> years later.
>
> I always like this Stockman quote about the period: "Do you realize the
> greed that came to the forefront? The hogs were really feeding. The greed
> level, the level of opportunism, just got out of control. [The
> Administration's] basic strategy was to match or exceed the Democrats, and
> we did."
>
>> Not just this present administration, but all back to IKE at least. SS
>> is funded with dedicated revenue? Only until there are more money to
>> those collecting than from those paying in.
>
> Exactly. You do get it, after all. d8-)
>
> --
> Ed Huntress
>

It is still debt! Whether we owe it to the foreign borrowers as T bills, or
as money borrowed from some other "Trust Fund" at another government agency.
Gas Tax, SS tax, etc. A private lawyer would go to jail for the abuse of
trust funds the Feds do everyday. That money is still gone. And it has to
come out of the tax payers pocket. VAT taxes just hide it better from the
people.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 2:29 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> > Since he's an economist and has written a book and mentions this
specifically I
> > think his statistics are probably accurate.
>
> This statement would be achingly funny if it weren't so achingly sad...


Yeah, that would seem true when you take it out of context like you did.
Anyone reading the following qualifying statements would not get that
impression though. He's not just "any" economist. But then you would argue
with a Nobel Prize winning economist like Joe Steglitz or Paul Krugman
wouldn't you, even though they have Ph.D.s in economics and you don't. You
remind me of the Monty Python comedian who wrote the book, "How to Argue
with Anyone". Your discounting of Chang's work is equally as silly.

Hawke

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 1:20 PM

Too_Many_Tools wrote:
> On Jun 4, 11:13 pm, "Hawke" <[email protected]> wrote:
>>>>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>>>>> harmful substances, whereas "conservatives" are hard working, self
>>>>>> reliant people who are very well off due to their own perseverance and
>>>>>> work ethic.
>>>>>> And yet, the few self proclaimed or suspected liberals and Obama
>>>>>> supporters of this newsgroup, seem to be very well off, accomplished
>>>>>> people, whereas many conservatives, while intelligent and interesting
>>>>>> people on many levels, are not exactly above that kind of level of
>>>>>> attainment.
>>>>> Show us your data. IOW, you're talking out your a$$.
>>>>>> If that is the case, is that perhaps the time to reconsider our
>>>>>> stereotypes?
>>>>> Perhaps you should reconsider yours.
>>>> i think what he is saying is that your stereotypes should be the
>>>> same as his...
>>> Ah, yes. That is the leftist's way.
>> At least that is what you think the leftist's way is. What people are
>> forgetting is that there are stereotypes, which do have some truth to them,
>> and then there is reality. There are concrete things that actually make
>> someone a liberal or a conservative. They each have their own ways and
>> beliefs. The problem is when one side makes claims about the other side
>> which are not true, which is usually the case. In this group, which is
>> filled with right wingers and republicans denigration of "liberals" are
>> posted constantly. That's because the "wingers" detest anyone who has views
>> that are different from theirs (a conservative trait). Proof of this is the
>> unending stream of criticism and invectives directed at liberals by them.
>>
>> Take one trait that is common among liberals; tolerance. This same trait is
>> not shared or highly regarded by conservatives. A trait they like a lot more
>> is authority or hierarchy. Each group has it's own group of attributes and
>> they are not shared much by the other group. Both groups have a low opinion
>> of the other group. But if you want to know the facts about one group or the
>> other you don't ask the other side because most of what they think is wrong.
>> Anyone can find the truth about liberals or conservatives if they want but
>> for most people it's a lot easier to simply call the other group names and
>> say nasty things about them. On this group, most of the people doing that
>> are conservatives. That's is not an opinion. It's a fact.
>>
>> Hawke
>
> Well said.

I beg to differ; I thought what he said was a load of shit.

--
Any given amount of traffic flow, no matter how
sparse, will expand to fill all available lanes.
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 9:00 AM

Too_Many_Tools wrote:
>>
>> I guess if you need more reasons, I could come up with some.
>
> So you are saying that the United States should invade a country
> because we feel like it?

Yes.

>
> There are thousands of grieving military families who would rip your
> heart out of your chest for squandering their children's lives for
> your "feel like it" approach.
>

I feel sorry for the family's loss. But no more so than a loss due to a
mountain climbing accident, a speedway crash, or from a sky-diver's failed
parachute.

Remember, our military are volunteers. They joined the military for the
opportunity to kill people and blow things up. Incidental to that choice was
the chance, of which they were well aware, of death or injury. They
willingly took that chance. For their family's sake. For their country's
sake. For duty's sake. For honor. For glory.

They went to war because they trained for war, because they wanted to go to
war, because they needed to go to war.

Here's the proof: 85% of the soldiers who have served in Iraq or Afghanistan
have reenlisted at the first opportunity. The remaining 15% retired, were
invalided out, or mistakenly married harridans.

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 5:14 PM

HeyBub wrote:

<snip an obvious troll>

Lew

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 3:51 PM


"Stuart Wheaton" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>> "Stuart Wheaton" <[email protected]> wrote in message
>> news:[email protected]...
>>> HeyBub wrote:
>>>> Stuart Wheaton wrote:
>>>>>> Our incompetent President
>>>>> Hmmm.... Today the Dow is 600 points above where it was on the last
>>>>> day of Bush.... And 200 points above where it was right after the
>>>>> election...
>>>> And 4,000 points below its high during the Bush years.
>>>>
>>>>> Gee, most of us are enjoying a tax cut, but if you are getting more
>>>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>>>>> "Joe the plumber" thing where you have no clue about income vs
>>>>> taxable income?
>>>> Right. I saw one investor who managed to save $13,000 in taxes per DAY
>>>> by the simple expedient of moving from New York to Florida.
>>>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>>>>
>>>>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>>>>> buying better highways is the road to ruin?
>>>> Yes. We already pay a highway tax - and right now the highway tax has a
>>>> huge surplus. Blame the politicians for dipping into the highway kitty
>>>> to provide psychological counseling for troubled pets.
>>>>
>>>>> What about the massive bill about to come due for Social Security? Are
>>>>> you going to show me where you advocated paying higher taxes during
>>>>> the Bush years so we could start to get ahead of the SS juggernaut?
>>>> I can't; it didn't come up. You may recall that the first item on
>>>> Bush's political agenda back in 2001 was reform of SS. Reform failed.
>>> You thought that privatizing Social Security was reform? That explains
>>> your first problem. Privatization was not reform, and in the immediate
>>> future it would have made the system more unstable because the current
>>> revenues would fall as contributions were siphoned off to Wall Street.
>>>
>>> Privatization was an attempt to damage Social security beyond repair.
>>>
>>> Reform of SS will require that benefits be decreased, indexed to assets,
>>> and that contributions be increased, exempted wages reduced, and payouts
>>> delayed. Furthermore, the U.S. Securities that George W called
>>> "Worthless IOU's " Will need to be turned into cash through tax revenues
>>> before they can be paid out.
>>>
>>> Even though we had an intense capital need hanging over our heads, W
>>> pushed for tax cuts and reducing the income to SS...
>>>
>>> Where is the reform you spoke of?
>>>
>>>>> Not better, but with somewhat less carnage. Recall, it was the market
>>>>> that got us here, and then screamed for mommy when their lousy
>>>>> decisions put the whole economy in peril.
>>>>>
>>>>> How do you feel about "too big to fail?"
>>>> Personally? The bigger they are, the harder they fall, but fall they
>>>> must.
>>
>> Even FDR said that part of SS had to be private. It could not all be
>> government.
>
>
> I believe he said that the responsibility for retirement had to be shared,
> that SS was a minimum, safety net to ensure nobody retired into abject
> poverty, and to encourage older worker TO retire and clear the employment
> roles for younger workers. This was part of the solution to unemployment,
> paying older workers to go home and relax.

It's also worth remembering that people did't last much beyond 65 YO in the
thirties, large numbers even less.

JC

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 12:52 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Ed Huntress wrote:
> <SNIP>
>
>>... taking C&O's analysis and pasting it together with Rothbard and a
>> half-dozen other righties who claim it was the government spending that
>> was
>> the real culprit.
>
> They're not the only ones. So are a fair number of lefties. See, for
> example:
>
>
> http://www.nytimes.com/2009/06/10/business/economy/10leonhardt.html?_r=2&hp

None of this sort of analysis has any real value. What does is the beliefs
of Tim Geithner and Ben Bernanke.
Those two fellows believe the problem, or one of them, was that to little
was done and not to nuch.
Another, was letting of the gas and raising taxes stalled the economy in
1937 and that, finally, inflation is a problem we really can deal with
while deflation is self reinforcing but that deflation isn't and Paul Volker
proved out the mechanics of wringing it out of an econoomy decades ago.


>
> Naturally, the left blames Bush/Reagan, and the right blames all
> manner of social spending but in the end, there is some agreement that
> deficit spending on the scale historically practiced is a Bad Thing (tm).

Not muchand that isn't the issue anyone focusses on. There is nearly
universal agreement that a choice between financial collapse and large
temporary deficits isn't a choice at all. The chaos that would result from
collapse could have nation ending consequences caused by social unrest and
lawlessness. Inflation, at best, gets people a little "Mavericky" or maybe
even mad as hell but they don't take to the streets with guns.

>
> But, let's come back to something you've said earlier in this thread:
> If Keynes is right, Obama's not spending *enough* and *cannot* for
> practical political reasons. If Keynes is wrong, then Obama is doing
> the exactly wrong thing. Either way, its a lost endgame because of
> either insufficient government action or too much respectively. This
> does not, um, bode well for our future ...

The third choice, and why it's a good thing our President and his
administration are real intelectual powerhouses, is that you do some things
and itteratively evaluate the early results and then adjust either by doing
more, less or something else all together.


JC

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 11:04 PM



> >> It took them less than 18 months to fuck it all up.
>
> >> Here's one chart I could find regarding recent GDP growth by
quarter:http://www.economicshelp.org/blog/economics/us-economic-growth-stati
s...
>
> >> Notice the rough average for the Bush years shown is about 2.25%. Since
the
> >> 3rd quarter of 2007, the growth of GDP has plummeted and is now
about -4%
> >> and unemployment is 9.8%.
>
> >> And if you can blame Bush for what happened during the last 100 days of
his
> >> administration, then you've got no complaint when criticism is leveled
at
> >> the first 100 days of Obama's.
>
> > The Great Bush Depression.
>
> > If Obama isn't sucessful, your children will remember it as that.
>
> If Obama is successful, the republic will at least be deeply damaged
> and may not ever recover fully.
>
> If he is not successful it will hopefully remind the Sheeple why they
> kicked Carter out after one term and why they need to do the same
> with Obama.
>
> What our children (and grandchildren, and their children ...) will call
> anything is moot. They'll be too busy paying off this generation's
> debt fostered in parts by a stupidly run government trying to spend
> its way out of debt, a bunch of greedy pigs in the population that
> want all the trappings of affluence whether they've earned them
> or not, and some unprincipled financial folks who knew they could
> take insane risk because the Obama's of this world would bail out
> their mistakes. No, I don't think they'll call it The Great Bush
> Depression. I think they'll call it "How I Got Shafted By My
> Stupid, Greedy, #$%^&* Grandparents".
>
> --
> --------------------------------------------------------------------------
--
> Tim Daneliuk [email protected]
> PGP Key: http://www.tundraware.com/PGP/

You mean as they will be paying off the deficit that Bush ran up?

Amazing how you completely ignore the Republican contribution.

Are you aware that Cheney recently admitted that there was NO
connection between Iraq and 9/11.

So why did we fight a TRILLION dollar war?

Now that's an easy one. Because the republican leadership wanted one. They
ginned up a dozen reasons why we had to do it when all along it was the same
as Herman Goering when he said about the Nazis, the people don't want war
but the leaders do and it's simple to get the people to go along with the
leaders if leaders want them to. Just like with Hitler and his bros Bush and
his bros wanted the war and lo and behold we have a war. Simple.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:12 AM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> William Wixon wrote:
> > "Han" <[email protected]> wrote in message
> > news:[email protected]...
> >
> >> That is a refreshing point of view, and I would love to 100% support
it.
> >> However, hospitals and doctors need to be profitable, at least to the
> >> extent they aren't losing money. To find the right balance between
> >> reasonably profitable and not losing money is the problem, both from
the
> >> doctors' point of view and the patients'.
> >>
> >>
> >> --
> >> Best regards
> >> Han
> >
> > i'm not an expert. i'm wondering why do hospitals need to be
profitable?
> > just had a thought, when the government builds a road i don't think
there's
> > any expectation it's going to turn a profit, it surely profits us all,
and
> > it enables businesses to profit, but (non-toll, and probably a good many
> > toll) roads, i don't think, earn a profit. infrastructure. can't the
> > health of citizens, by some stretch of the imagination, be considered
> > "infrastructure"? or toward some common good?
> >
> > b.w.
> >
> >
>
> I do not wish our hospitals to be run at the same levels as the DMV or
> the Highway Department...


Would you prefer if they were run like General Motors or AIG, those paragons
of American business expertise?

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 7:36 AM

Hawke wrote:
>
> You mean as they will be paying off the deficit that Bush ran up?
>
> Amazing how you completely ignore the Republican contribution.

Here's a chart:
http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg

Bush did run up the debt, although not as much as it seems. Turns out the
biggest part, the $787 billion bail-out during his last three months hasn't
been spent. In fact only about $25 billion has gone out the door. Anyway,
Obama plans to increase the debt more in his first year than Bush
accomplished in a full eight.

Some deficits, and debt, are manageable. If the debt can be recouped by
downstream economic growth, the debt/deficit may be excusable or even
meritorious.

>
> Are you aware that Cheney recently admitted that there was NO
> connection between Iraq and 9/11.
>
> So why did we fight a TRILLION dollar war?
>
> Now that's an easy one. Because the republican leadership wanted one.
> They ginned up a dozen reasons why we had to do it when all along it
> was the same as Herman Goering when he said about the Nazis, the
> people don't want war but the leaders do and it's simple to get the
> people to go along with the leaders if leaders want them to. Just
> like with Hitler and his bros Bush and his bros wanted the war and lo
> and behold we have a war. Simple.

I call GODWIN!

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 1:44 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
> > "Tim Daneliuk" <[email protected]> wrote in message
> > news:[email protected]...
> >> William Wixon wrote:
> >>> "Han" <[email protected]> wrote in message
> >>> news:[email protected]...
> >>>
> >>>> That is a refreshing point of view, and I would love to 100% support
> > it.
> >>>> However, hospitals and doctors need to be profitable, at least to the
> >>>> extent they aren't losing money. To find the right balance between
> >>>> reasonably profitable and not losing money is the problem, both from
> > the
> >>>> doctors' point of view and the patients'.
> >>>>
> >>>>
> >>>> --
> >>>> Best regards
> >>>> Han
> >>> i'm not an expert. i'm wondering why do hospitals need to be
> > profitable?
> >>> just had a thought, when the government builds a road i don't think
> > there's
> >>> any expectation it's going to turn a profit, it surely profits us all,
> > and
> >>> it enables businesses to profit, but (non-toll, and probably a good
many
> >>> toll) roads, i don't think, earn a profit. infrastructure. can't the
> >>> health of citizens, by some stretch of the imagination, be considered
> >>> "infrastructure"? or toward some common good?
> >>>
> >>> b.w.
> >>>
> >>>
> >> I do not wish our hospitals to be run at the same levels as the DMV or
> >> the Highway Department...
> >
> >
> > Would you prefer if they were run like General Motors or AIG, those
paragons
> > of American business expertise?
> >
> > Hawke
> >
> >
>
> Yes - they'd still be better than having the government run them.


Let's see, they failed completely and without the government would be
bankrupt. Sorry, but in business you can't do worse than that. So the worst
the government could do is tie them. So why would you have any faith in
people that ran successful businesses into bankruptcy? Just have to go with
private interests no matter what, huh? You would have more faith in a
private pickpocket than the government. What does that say about your
thinking? Or should I say inability to think critically?

Hawke

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 6:53 AM

Calif Bill wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>> Calif Bill wrote:
>>> "Doug Winterburn" <[email protected]> wrote in message
>>> news:a%[email protected]...
>>>> Ed Huntress wrote:
>>>>>>>> Noboby has paid down any debt since Ike.
>>>>>>> Wrong. You're probably reading the right-wing crank-crap that
>>>>>>> includes
>>>>>>> future Social Security obligations (in the form of non-negotiable
>>>>>>> special
>>>>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt.
>>>>>>> Wrong,
>>>>>>> stupid, and wrong again. Even the Bush administration admitted that
>>>>>>> the
>>>>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>>>>
>>>>>>> --
>>>>>>> Ed Huntress
>>>>>>>
>>>>>>>
>>>>>> Debt is debt. When it comes time to pay off the bond holders, it
>>>>>> matters not who they are, there is no distinction in method when the
>>>>>> government has to raise the cash.
>>>>> This is complete horseshit. Tell us, Doug, what is the addition to
>>>>> taxpayer
>>>>> obligations represented by, say, $1 billion in special Treasury notes
>>>>> "bought" by the Social Security "Trust Fund"? In other words, in
>>>>> addition
>>>>> to
>>>>> the statutory obligation, how much additional money do we owe?
>>>> None, assuming we would tax future generations without the "trust fund"
>>>> obligation.
>>>>
>>>>> Say we "borrow" from the Trust Fund. How much does that add to future
>>>>> obligations? Hmmm?
>>>> Exactly the amount we borrowed plus interest.
>>>>
>>>>> And if you're going to do that, why don't you add in all the future
>>>>> statutory obligations for veteran's benefits, federal employees'
>>>>> pensions,
>>>>> and Medicare? You ought to be able to add another, oh, maybe $30
>>>>> trillion,
>>>>> at least, to the current "debt" figure, depending upon how far forward
>>>>> you
>>>>> want to project future debt and treat it as a current obligation.
>>>> $30 trillion is way low. Unfunded obligations.
>>>>
>>>>> Answer those questions accurately, and you'll see what crap they've
>>>>> been
>>>>> feeding you.
>>>> Why is it "crap" to worry about future generations and the financial
>>>> obligations we are passing on to them by borrowing against their future
>>>> and spending on ourselves?
>>>>
>>>> It has been estimated (before this latest spending binge) that the
>>>> recipients of our largess to ourselves would put them in the 85% total
>>>> tax bracket. I'm sure they will thank us.
>>>>> Here's the funny part of all this: For a couple of decades, the
>>>>> righties
>>>>> were pushing for a "unified" budget so they could pump up the total tax
>>>>> figure to upset the ignoranti. Now they want to separate the
>>>>> accounting,
>>>>> so
>>>>> they can treat a special Treasury bond as a current deficit item. They
>>>>> want
>>>>> it both ways -- as usual.
>>>> So, you think borrowing from a subsidary and calling the debt in that
>>>> subsidary as an asset is OK? Ken Ley is vindicated!
>>>>
>>>>> You're barking up the wrong tree, Doug. We've been over this on RCM
>>>>> three
>>>>> or
>>>>> four times.
>>>> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
>>>> hundred billion in annual deficit spending. You said it yourself (in
>>>> your first paragraph above), someone will have to pay up either way. As
>>>> far as a "unified budget", it would be nice to know the real numbers on
>>>> an annual basis.
>>>>
>>>> Debt is still debt and when the note holders come a knocking, the
>>>> options to the debtor are the same.
>>>>
>>>> I replied to this thread when you claimed that Clinton had "paid down
>>>> the debt". The fact is the Federal Government has spent more than it
>>>> has taken in for the last 50 years or so, and has had to borrow the
>>>> difference, thus _increasing_ the debt. If you would like to dispute
>>>> the governments own figures, be my guest.
>>>>
>>>>> --
>>>>> Ed Huntress
>>>>>
>>>>>
>>>>>
>>> Actually Clinton did pay down a pittance of the debt in 2000. $233
>>> billion. But the government spending also went up. they just could not
>>> handle all the money coming in from the dot.com boom. 15 years before,
>>> we
>>> would not have seen the influx of tax revenue. Tax law changes made you
>>> liable for the "profit" on a stock option the day you exercised the
>>> option.
>>> Before that, you were not hit with taxes until you actually sold the
>>> stock
>>> and saw real money. Most exercised and sold the same day. Those that
>>> did
>>> not, have huge tax bills, they can not offset with losses. Takes a long
>>> time to write down $90 million in paper losses at $3000 / year.
>>>
>>>
>> Uh, how did the debt increase if the "debt was paid down" ?
>
> It did go down a trifle in 2000. I think your chart only went to 1999.
>
>
Wrong:
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm

jj

jo4hn

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 11:05 AM

Han wrote:
> "Hawke" <[email protected]> wrote in
> news:[email protected]:
>
>> So would you rather have the government be involved in health care or
>> just leave it in the hands of people like used car salesmen? There are
>> private alternatives that are worse than the government. How about
>> having Bernie Madoff handling your health care or the management of
>> AIG? Think they would be better than the government? I don't. The
>> greed of businessmen is what makes them unacceptable for making
>> decisions on people's health care. You need people that aren't going
>> to profit from your health problems making the decisions. Hopefully,
>> medical professionals without a financial interest would decide what
>> you need.
>>
>> Hawke
>>
> That is a refreshing point of view, and I would love to 100% support it.
> However, hospitals and doctors need to be profitable, at least to the
> extent they aren't losing money. To find the right balance between
> reasonably profitable and not losing money is the problem, both from the
> doctors' point of view and the patients'.
>
>
How about a non-profit organization. Take a close look at Kaiser
Permanente. DAGS. Here's a place to start
https://www.kaiserpermanente.org/. I've been a satisfied customer for
40 years. The company sees patients/consumers as their customers rather
than the stockholders.
mahalo,
jo4hn

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 9:10 PM


"Upscale" wrote:

> That's something I'd look for all conditions being correct. Live
> where
> there's very little traffic, lots of trees and nature in abundance.
>
> Of course, I'd also want some services within 20 minutes travel to
> be close
> at hand. Supermarket, hospital, 5 star restaurant, beer store,
> liquor store,
> bar ~ You know, the necessities in life.

Does 50 miles due north of Toronto qualify?<G>

Lew

cc

cavelamb

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 9:14 PM

Ed Huntress wrote:
> "cavelamb" <[email protected]> wrote in message
> news:[email protected]...
>> krw wrote:
>>> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
>>> <[email protected]> wrote:
>>>
>>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>>> harmful substances, whereas "conservatives" are hard working, self
>>>> reliant people who are very well off due to their own perseverance and
>>>> work ethic.
>>>>
>>>> And yet, the few self proclaimed or suspected liberals and Obama
>>>> supporters of this newsgroup, seem to be very well off, accomplished
>>>> people, whereas many conservatives, while intelligent and interesting
>>>> people on many levels, are not exactly above that kind of level of
>>>> attainment.
>>> Show us your data. IOW, you're talking out your a$$.
>>>
>>>> If that is the case, is that perhaps the time to reconsider our
>>>> stereotypes?
>>> Perhaps you should reconsider yours.
>> i think what he is saying is that your stereotypes should be the
>> same as his...
>
> More likely what he would have said, had he not been so polite, is that the
> people who identify themselves at either end of the spectrum are out of
> their minds. And, of course, he would be correct. d8-)
>
> --
> Ed Huntress
>
>

I'm glad you are back at it, Ed.
It's always refreshing to get your read on this stuff.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

24/06/2009 12:04 AM


<[email protected]> wrote in message
news:76baccd6-9675-441b-81d2-e10aa9b1635f@l21g2000vba.googlegroups.com...
On Jun 22, 10:23 pm, "Hawke" <[email protected]> wrote:


>
> We have three good choices for quality health care, four actually. Being
> French or Canadian, being filthy rich, or being a member of congress. God
> Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
> member of the unwashed masses sucks.
>
> Hawke

I think it ought to be a requirement that members of Congress have to
use only whatever government health plan they come up with.

Dan

Odds are if that was done you know the health plan would be a good 'un.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 5:27 PM

John R. Carroll wrote:
>
> None of this sort of analysis has any real value. What does is the
> beliefs of Tim Geithner and Ben Bernanke.
> Those two fellows believe the problem, or one of them, was that to
> little was done and not to nuch.
> Another, was letting of the gas and raising taxes stalled the economy
> in 1937 and that, finally, inflation is a problem we really can deal
> with while deflation is self reinforcing but that deflation isn't and
> Paul Volker proved out the mechanics of wringing it out of an
> econoomy decades ago.
>

"We can deal with inflation?" You bet.

During the Carter years I purchased a CD paying 10%. I cashed it in a year
later, and got my 10% premium. Inflation for the year was 13%.

Then I had to pay taxes on my 10% gain.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:20 PM



> > And how *exactly* do you now it's flushed away. As usual, you make all
sorts
>
> Because it has been committed by our Dear Leader and thus must be spent.
> Most of it is being spent on things that are not necessary and not
> permitted of the Federal government under the Constitution Of The US.
> Most of it is political pork our Dear Leader is using to pay off his
> political IOUs with Other People's Money.
>
> > of wild claims before any type of final result is in. If you had any
iota of
> > common sense, you'd know that it takes years for final results to be
> > tallied.
>
> It will take far less than "years". We will see raging inflation
> within less than a decade if the economists are even close to right.
>
>
>
> > Not so for Tim Daneliuk, your mind is made up now. You're just full of
all
>
> That's because my mind is made up by facts and analysis not from smoking
> Hopeium.
>
> > kinds of criticism about your current government, but the truth is that
>
> The current government is full of fools and charlatans and is led by
> by a dangerous malignancy. There are precious few patriots and thinkers
> in the current government.
>
> > people like you are the least able to judge it. You didn't vote for
either
> > incumbent, you contributed nothing, gave nothing and whine all day about
how
>
> There was only one incumbent and he was not eligible to run again, so
> you're right - neither I nor anyone else voted for him. I also didn't
> vote for either candidate since cooperating with people that wish to
> terminate at least some (or all) of your freedoms is self destructive.
>
> > much it's going to cost you. The fact is that all you do is talk. And,
that
>
> How much will it cost me, my children, my grandchildren, and possibly
> my great-grandchildren to pay off The Messiah's grandstanding? How
> much will it cost the nation in prestige and future influence globally?
> How much freedom will be undermined and power instead passed to the
> government?
>
> I don't know what's going on, huh? So far The Messiah has:
>
> 1) Stolen wealth from those that legitimately owned it.
> 2) Attacked, killed, or nationalized (same as killing) some of the very
> largest institutions that produce *new* wealth.
> 3) Sold out our key ally in the Middle East and at the same time,
> bowed his head to the evil dictators of the Middle East.
> 4) Openly supported the killing of children just weeks before birth.
> 5) Supported a system of political corruption nation wide that buys
> votes with tax money in the form of pork projects. He's done
> this at a breathtaking scale never before seen.
> 6) Generally spent more money that doesn't actually exist in a shorter
time
> than any U.S. president before him.
> 7) Demanded public "sacrifice" while government lives like pigs.
>
> > talk is based on nothing more than lack of experience, lack of action
and
> > lack of any kind of involvement.
>
> It's based on a desire to not be anyone's slave. I realize that a good
> many people like been well kept pets, but I'm not one of them.
>
>
>
> > You're a "nothing" Tim and that's the worst kind of citizen.
>
> I guess it's more honorable to be a citizen that wallows in being
> a ward of the state.
>
> --
> --------------------------------------------------------------------------
--
> Tim Daneliuk [email protected]
> PGP Key: http://www.tundraware.com/PGP/

So Tim...what's your plan?

How would you save the United States from the brink of The Great Bush
Depression we are standing at the edge of?

I'm listening.

TMT


It will be short and sweet. They will try to make it sound different but in
the end what they propose is to do nothing or if they have any proposals for
change it'll be a change back to everything Bush did when in office. Tax
cuts, tax cuts, tax cuts. That and deregulation. Get the government off our
backs, leave business alone. Things will be fine if we just leave things
alone. Not only have we heard their advice before but we just saw what
happens when we follow it. It's called a depression. Which is why the new
guy is doing things so differently. He's smart. He saw what the republicans
did that didn't work and guess what, he's not going to do it some more.

All we are hearing is republican claptrap claiming that Obama is messing
everything up. Well, he's simply trying to fix what Bush broke. You don't do
that by copying Bush, but that is what the republicans want. Their problem
is that they believe in a philosophy that doesn't work. They just put it in
place, it failed, and they want to do it again. Now that's stupid. If we can
only get the public to keep supporting Obama until he can make the needed
changes to this country we'll be all right. If they are buffaloed by the
fear mongering republicans again we're screwed just like when they were
running things.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 3:36 PM



> >>>>> What's irritating is that no matter how many times you show these
> >>>>> numbers
> >>>> to
> >>>>> right wing guys it just doesn't sink in
> >>>>>
> >>>>> Hawke
> >>>>
> >>>> Just to irritate you some more, it still has not sunk in. The
> >>>> problem is while it is easy to come up with those numbers, it is a
> >>>> lot harder to know why. Correlation does not mean cause and
> >>>> effect.
> >>>>
> >>>> An easy way to decrease the cost of healthcare in the US, would be
> >>>> to eliminate all procedures which will only prolong someones life
> >>>> by six months and also eliminate all procedures that do not have a
> >>>> proven success record. If we had done this say thirty years ago,
> >>>> we would not have any heart transplants , artificial heart valves,
> >>>> etc.
> >>>>
> >>>> Dan
> >>>
> >>> Until you have been involved in the decision whether to treat a
> >>> loved one aggressively to prolong life or let go ("let nature take
> >>> its course"), you don't know what you are talking about.
> >>
> >> It isn't a question of treatment or not. The question is payment.
> >> There isn't any reason a person shouldn't be able to buy insurance to
> >> cover anything they need.
> >> Their needs, and the needs of their families for emotional placation,
> >> are not the needs of society.
> >>
> >> JC
> >
> > If you think payment is the question, not treatment, then I have to
> > ask payment for what? The cost of (let's say) a liver transplant for
> > a patient who is going to die soon, whether or not the transplant
> > occurs, is WAY more than the cost of palliative treatment. I have to
> > ask what we are insuring against. A basic low(er) level of treatment
> > costs, or the costs of treating everything. IMNSHO, a asic level of
> > insurance (however defined) should be compulsory (yes, that bad word,
> > and whether the employee or the employer pays is ultimately only
> > semantics). On top of that a person should be allowed to insure
> > against the costs of more complex events/procedures. Freedom of
> > personal choice, etc., etc.
> >
> > Society needs some kind of insurance, and the current system is
> > dysfunctional.
>
> Government in the medical business is a permanent solution to a temporary
> problem. When I was a kid, when you got sick you went to the doctor and
he
> did what he could and it didn't cost much. Now he can do a lot more but
> it's all cutting edge and the costs are horrendous. A hundred years from
> now when the technologies have matured and an NMR scanner is a child's
> plaything that you get at Toys R Us for 50 bucks it's going to be back to
> where most people can pay for most medical issues out of pocket without it
> hurting particularly.
>
> But if we get government involved now then government will still be
involved
> then.


So would you rather have the government be involved in health care or just
leave it in the hands of people like used car salesmen? There are private
alternatives that are worse than the government. How about having Bernie
Madoff handling your health care or the management of AIG? Think they would
be better than the government? I don't. The greed of businessmen is what
makes them unacceptable for making decisions on people's health care. You
need people that aren't going to profit from your health problems making the
decisions. Hopefully, medical professionals without a financial interest
would decide what you need.

Hawke

GA

Gunner Asch

in reply to "Hawke" on 14/06/2009 3:36 PM

16/06/2009 2:53 PM

On Tue, 16 Jun 2009 13:52:06 -0500, Tim Daneliuk <[email protected]>
wrote:

>Gunner Asch wrote:
>> On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
>> wrote:
>>
>>>> everything it could to do just what he's recommending and the result is that
>>>> this country is a disaster scene. It makes me wonder how could he be
>>>> recommending this shit when it was just tried and it failed so completely.
>>>> It just goes to show you that no matter how good one is at math that doesn't
>>>> mean you know shit about anything else. Which he just proved. Keep sending
>>>> your troops over open ground to face machine gun fire Tim. Just because it
>>>> failed over and over doesn't mean you shouldn't keep doing it. That's right
>>>> wing thinking at its best.
>>>>
>>>> Hawke
>>>>
>>>>
>>> <It is not necessary to become angry to the point of spitting when
>>> disagreeing with people. Disagreeing agreeably is called "being an adult".>
>>>
>>> 1) I'm an not now, nor have I ever been right wing.
>>> 2) The problems you describe were not caused by markets or a lack of regulation.
>>> They were caused by a *lack* of markets (like bailing out badly run
>>> companies", too *much* government interference in the business
>>> cycle, and grotesque amounts of government deficit spending for
>>> over 60 years.
>>> 3) Markets and small government are not discredited ideas. They are
>>> misunderstood ideas.
>>> 4) Personal attacks demonstrate you have no real argument.
>>
>>
>> Your not half bad for a self admitted Liberal. Well done.
>> Gunner
>
>This may come as a shock to you and others who see the world as only
>having two choices: I'm no liberal either. Both liberals and
>conservatives want to tell everyone else what to do. I don't.
>I want to remain free - free of liberals frothing about how
>I ought to "serve the community" or some other stupid nonsense,
>but also free of conservatives deciding what constitutes moral
>behavior. Both are at odds with the ideas that founded this nation.
>
>The conservatives are the party of terrible ideas. The liberals are
>the party of evil and dangerous ideas.


Then you are libertarian. I recall a number of occasions you claimed to
be Liberal.

Make up your mind.

Please note that its very few conservatives that give a shit about how
you live your life..your sexuality etc. They are known as the Religious
Right. A rather small percentange of the total.
Im Buddhist.

Liberals on the other hand...mindless lemmings all headed over the
cliff.

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

TD

Tim Daneliuk

in reply to "Hawke" on 14/06/2009 3:36 PM

16/06/2009 5:23 PM

Gunner Asch wrote:
> On Tue, 16 Jun 2009 13:52:06 -0500, Tim Daneliuk <[email protected]>
> wrote:
>
>> Gunner Asch wrote:
>>> On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
>>> wrote:
>>>
>>>>> everything it could to do just what he's recommending and the result is that
>>>>> this country is a disaster scene. It makes me wonder how could he be
>>>>> recommending this shit when it was just tried and it failed so completely.
>>>>> It just goes to show you that no matter how good one is at math that doesn't
>>>>> mean you know shit about anything else. Which he just proved. Keep sending
>>>>> your troops over open ground to face machine gun fire Tim. Just because it
>>>>> failed over and over doesn't mean you shouldn't keep doing it. That's right
>>>>> wing thinking at its best.
>>>>>
>>>>> Hawke
>>>>>
>>>>>
>>>> <It is not necessary to become angry to the point of spitting when
>>>> disagreeing with people. Disagreeing agreeably is called "being an adult".>
>>>>
>>>> 1) I'm an not now, nor have I ever been right wing.
>>>> 2) The problems you describe were not caused by markets or a lack of regulation.
>>>> They were caused by a *lack* of markets (like bailing out badly run
>>>> companies", too *much* government interference in the business
>>>> cycle, and grotesque amounts of government deficit spending for
>>>> over 60 years.
>>>> 3) Markets and small government are not discredited ideas. They are
>>>> misunderstood ideas.
>>>> 4) Personal attacks demonstrate you have no real argument.
>>>
>>> Your not half bad for a self admitted Liberal. Well done.
>>> Gunner
>> This may come as a shock to you and others who see the world as only
>> having two choices: I'm no liberal either. Both liberals and
>> conservatives want to tell everyone else what to do. I don't.
>> I want to remain free - free of liberals frothing about how
>> I ought to "serve the community" or some other stupid nonsense,
>> but also free of conservatives deciding what constitutes moral
>> behavior. Both are at odds with the ideas that founded this nation.
>>
>> The conservatives are the party of terrible ideas. The liberals are
>> the party of evil and dangerous ideas.
>
>
> Then you are libertarian. I recall a number of occasions you claimed to
> be Liberal.
>
> Make up your mind.

I have *never* claimed to be "a liberal" as the term it currently
construed - I couldn't, it would make me feel very dirty. I am
a Classical Liberal which is another name for a libertarian. I am
entirely clear on my own views, however much they may confuse you.

>
> Please note that its very few conservatives that give a shit about how
> you live your life..your sexuality etc. They are known as the Religious
> Right. A rather small percentange of the total.

Really? Then why has every single Republican/conservative elected
to Presidential office supported the idiotic War On Drugs? Why
do very libertarian leaning Republicans like Ron Paul get almost
no traction within their own party? Why are anti-war voices
like Chuck Hegel shouted down within the conservative movement?
(I happen to disagree with him on the war thing, BTW.) Why does
almost the entire right get their panties in a knot because
Bruce and Sean want to call what they do "marriage"? The list
is endless. Real conservatism ended with Goldwater, had a brief
quasi-reprise under Reagan and has essentially disappeared from
the modern U.S. political stage. That's why you got beat by
a scummy Chicago politician with no experience, no ability,
a dubious past, lousy friends, and a Marxist worldview. I hope
you're very proud.

> Im Buddhist.
>
> Liberals on the other hand...mindless lemmings all headed over the
> cliff.

So is most of the Republican party.
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

rr

rangerssuck

in reply to "Hawke" on 14/06/2009 3:36 PM

16/06/2009 4:46 PM

On Jun 16, 5:53=A0pm, Gunner Asch <[email protected]> wrote:

> Please note that its very few conservatives that give a shit about how
> you live your life..your sexuality etc. =A0They are known as the Religiou=
s
> Right. =A0A rather small percentange of the total.
> Im Buddhist.

No you're not.

GA

Gunner Asch

in reply to "Hawke" on 14/06/2009 3:36 PM

22/06/2009 6:24 PM

On Mon, 22 Jun 2009 16:56:00 -0500, Tim Daneliuk <[email protected]>
wrote:

>Hawke wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> Hawke wrote:
>>>> Since he's an economist and has written a book and mentions this
>> specifically I
>>>> think his statistics are probably accurate.
>>> This statement would be achingly funny if it weren't so achingly sad...
>>
>>
>> Yeah, that would seem true when you take it out of context like you did.
>> Anyone reading the following qualifying statements would not get that
>> impression though. He's not just "any" economist. But then you would argue
>> with a Nobel Prize winning economist like Joe Steglitz or Paul Krugman
>> wouldn't you, even though they have Ph.D.s in economics and you don't. You
>> remind me of the Monty Python comedian who wrote the book, "How to Argue
>> with Anyone". Your discounting of Chang's work is equally as silly.
>>
>> Hawke
>>
>>
>
>But I'm *not* discounting his work. I'm discounting the confidence you
>place in economics as a discipline and upon a single source no less.
>Economics is barely a science - hence the term "Dismal Science". It's
>predictive powers have been poor at best. You cite Krugman and I'll
>cite von Mises, Hayek, and Friedman any one of whom (I'd argue)
>contributed considerably more to making economics useful than
>Krugman, but of course that's just my opinion and subject to revision.
>The point wasn't to make fun of your source, but rather suggest that
>breathless confidence in such a source is misplaced. If this thread - and the
>entire history of economics - demonstrates anything is that the
>field hasn't exactly distinguished itself with great results.
>
>As to having received a Nobel, so did Carter (a incompetent political
>hack), Arafat (a murdering thug), and Gore (a fraud and opportunist
>feeding at the public trough) thereby demonstrating that the vacuity
>of award today as it is made the handmaiden of political correctness.

Oh very well said! Bravo Sir...bravo indeed!!

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 6:00 PM


>
> > Just remember that the big chunk represented by SS is totally funded by
> > dedicated revenues, and roughly 60% of Medicare is funded by dedicated
> > revenues. Pretty much everything else comes out of general revenues.
That
> > "everything else," plus 41% or so of Medicare, are the sources of
deficit
> > spending.
> >
> > In other words, aside from SS and 60% or so of Medicare, most other
> > statutory entitlement expenditures are *not* coming from designated
> > revenue
> > sources. They are, in fact, major sources of deficit spending. So is
> > defense
> > and the non-budget expenditures for the war in Iraq, Homeland Security,
> > and
> > all of the discretionary spending items.
> >
> > The pie charts are real eye-openers for most people. Just remember about
> > the
> > dedicated funding for SS and 60% of Medicare. The total amounts spent on
> > them show up in the pie charts, but they aren't coming out of general
> > revenues.
> >
> > --
> > Ed Huntress
> >
> "And Medicare revenue will be less that 60 % of Medicare costs. "
>
> Absent any real change we are on the way to having 63% funded from general
> fund revenue fairly quickly.
>
> "So taxes will have to go up or the deficit spending rate go up, or Social
> Security benefits and Medicare benefits will have to come down."
>
> Or we could do what the rest of the civilised world does and institut a
> single payer system for basic health care.
>
> According to the Economist the total US spend on healthcare is 15.4% of
GDP
> including both state and private . With that it gets 2.6 doctors per 1,000
> people, 3.3 hospital beds and its people live to an average age of 78.2
>
> "UK - spends 8.1% of GDP, gets 2.3 doctors, 4.2 hospital beds and live to
an
> average age of 79.4. So for roughly half the cost their citizens overall
get
> about the same benefit in terms of longevity of life.
>
> "Canada - spends 9.8% of GDP on healthcare, gets 2.1 doctors, 3.6 hospital
> beds and live until they are 80.6 yrs
>
> "Now if we look at the more social model in Europe the results become even
> more surprising:
>
> "France - spends 10.5%, 3.4 docs, 7.5 beds and live until they are 80.6
>
> "Spain - spends 8.1% , 3.3 docs , 3.8 beds and live until they are 81
>
> "As a whole Europe spends 9.6% of GDP on healthcare, has 3.9 doctors per
> 1,000 people, 6.6 hospital beds and live until they are 81.15 years old.


What's irritating is that no matter how many times you show these numbers to
right wing guys it just doesn't sink in. They're dead set on keeping what we
have even when the numbers show we're paying almost double what others pay,
we don't cover everyone, and it's just going to get worse and worse unless
we make a change. It just goes to show you the power of propaganda on simple
minded people. If Rush Limbaugh and Sean Hannity tell the right wing folks
that we have the best health care system in the world and not to go to a
universal system they are going to believe it regardless of what the facts
show. With people like that having the right to vote it's no wonder we got
in such a mess.

Hawke

EH

"Ed Huntress"

in reply to "Hawke" on 13/06/2009 6:00 PM

15/06/2009 3:44 PM


"Gunner Asch" <[email protected]> wrote in message
news:[email protected]...
> On Mon, 15 Jun 2009 11:58:23 -0500, Tim Daneliuk <[email protected]>
> wrote:
>
>>Ed Huntress wrote:
>><SNIP>
>>
>>> There is no real competition in the health care insurance industry,
>>> except
>>> for the management of large corporate accounts. Large corporations are
>>> not
>>> actually insured by insurance companies; they're self-insured, with the
>>> big
>>> insurance companies managing the account for a fee. Corporations have
>>> the
>>> best set of incentives to drive health care effectively and efficiently
>>> but
>>> it isn't like buying iron ore or accounting services for them, and they,
>>> too, are limited in how much they can shape the overall system.
>>
>>Nonsense. Take a look at what is going on in places like Wal-Mart
>>and other large chain clinics that are operating on a no-insurance
>>basis (at least some of them are) and compare their prices to the
>>costs assessed in traditional government-supported care facilities.
>>It's not even close. Take a look at what happens to pharma prices
>>when the regulatory bozos get out of the way and let people
>>order their meds over the internet.
>
>
> The 5 meds I take every day, if purchased from other than Walmart/Target
> cost $385
>
> At Walmart/Target, they total $45 a month. One of them is the $25
> one..the other 4 equal less than $20/month
>
> Gunner

Not likely. You're probably taking something like the generics for Altace
(ramipril); Toprol (metoprolol succinate); and some rough substitutes for
Plavix and Lipitor. Then you're taking coated 325 mg aspirin.

Or some similar set of generic equivalents. Those are all cheap. The
patented ones -- the Altace, Toprol, Plavix and Lipitor -- cost a bundle,
anywhere.

Wal-Mart and Target are not in the business of giving away drugs. They're in
the business of finding cheap generics.

--
Ed Huntress

kk

krw

in reply to "Hawke" on 13/06/2009 6:00 PM

15/06/2009 8:03 PM

On Mon, 15 Jun 2009 03:52:29 -0700 (PDT), rangerssuck
<[email protected]> wrote:

>On Jun 14, 10:48 pm, "William Wixon" <[email protected]> wrote:
>> "Han" <[email protected]> wrote in message
>>
>> news:[email protected]...
>>
>> > That is a refreshing point of view, and I would love to 100% support it.
>> > However, hospitals and doctors need to be profitable, at least to the
>> > extent they aren't losing money.  To find the right balance between
>> > reasonably profitable and not losing money is the problem, both from the
>> > doctors' point of view and the patients'.
>>
>> > --
>> > Best regards
>> > Han
>>
>> i'm not an expert.  i'm wondering why do hospitals need to be profitable?
>> just had a thought, when the government builds a road i don't think there's
>> any expectation it's going to turn a profit, it surely profits us all, and
>> it enables businesses to profit, but (non-toll, and probably a good many
>> toll) roads, i don't think, earn a profit.  infrastructure.  can't the
>> health of citizens, by some stretch of the imagination, be considered
>> "infrastructure"?  or toward some common good?
>>
>> b.w.
>
>Well I think you've hit the nail on the head. The problem here is that
>those on the right really don't believe that there is such a thing as
>"common good." They believe that the good of individuals is the only
>goal. As long as I am doing well, it doesn't really matter how you are
>doing - that's your problem.

Society only functions when the good of the individual and the good of
the society are parallel. Both lose if their interests aren't in
common. *THAT* is the only purpose of government.

GA

Gunner Asch

in reply to "Hawke" on 13/06/2009 6:00 PM

15/06/2009 12:22 PM

On Mon, 15 Jun 2009 11:58:23 -0500, Tim Daneliuk <[email protected]>
wrote:

>Ed Huntress wrote:
><SNIP>
>
>> There is no real competition in the health care insurance industry, except
>> for the management of large corporate accounts. Large corporations are not
>> actually insured by insurance companies; they're self-insured, with the big
>> insurance companies managing the account for a fee. Corporations have the
>> best set of incentives to drive health care effectively and efficiently but
>> it isn't like buying iron ore or accounting services for them, and they,
>> too, are limited in how much they can shape the overall system.
>
>Nonsense. Take a look at what is going on in places like Wal-Mart
>and other large chain clinics that are operating on a no-insurance
>basis (at least some of them are) and compare their prices to the
>costs assessed in traditional government-supported care facilities.
>It's not even close. Take a look at what happens to pharma prices
>when the regulatory bozos get out of the way and let people
>order their meds over the internet.


The 5 meds I take every day, if purchased from other than Walmart/Target
cost $385

At Walmart/Target, they total $45 a month. One of them is the $25
one..the other 4 equal less than $20/month

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 11:11 PM


"Stuart Wheaton" <[email protected]> wrote in message
news:[email protected]...
> HeyBub wrote:
>> Stuart Wheaton wrote:
>>>> Our incompetent President
>>> Hmmm.... Today the Dow is 600 points above where it was on the last
>>> day of Bush.... And 200 points above where it was right after the
>>> election...
>>
>> And 4,000 points below its high during the Bush years.
>>
>>> Gee, most of us are enjoying a tax cut, but if you are getting more
>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>>> "Joe the plumber" thing where you have no clue about income vs
>>> taxable income?
>>
>> Right. I saw one investor who managed to save $13,000 in taxes per DAY by
>> the simple expedient of moving from New York to Florida.
>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>>
>>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>>> buying better highways is the road to ruin?
>>
>> Yes. We already pay a highway tax - and right now the highway tax has a
>> huge surplus. Blame the politicians for dipping into the highway kitty to
>> provide psychological counseling for troubled pets.
>>
>>> What about the massive bill about to come due for Social Security? Are
>>> you going to show me where you advocated paying higher taxes during
>>> the Bush years so we could start to get ahead of the SS juggernaut?
>>
>> I can't; it didn't come up. You may recall that the first item on Bush's
>> political agenda back in 2001 was reform of SS. Reform failed.
>
> You thought that privatizing Social Security was reform? That explains
> your first problem. Privatization was not reform, and in the immediate
> future it would have made the system more unstable because the current
> revenues would fall as contributions were siphoned off to Wall Street.
>
> Privatization was an attempt to damage Social security beyond repair.
>
> Reform of SS will require that benefits be decreased, indexed to assets,
> and that contributions be increased, exempted wages reduced, and payouts
> delayed. Furthermore, the U.S. Securities that George W called
> "Worthless IOU's " Will need to be turned into cash through tax revenues
> before they can be paid out.
>
> Even though we had an intense capital need hanging over our heads, W
> pushed for tax cuts and reducing the income to SS...
>
> Where is the reform you spoke of?
>
>>
>>> Not better, but with somewhat less carnage. Recall, it was the market
>>> that got us here, and then screamed for mommy when their lousy
>>> decisions put the whole economy in peril.
>>>
>>> How do you feel about "too big to fail?"
>>
>> Personally? The bigger they are, the harder they fall, but fall they
>> must.

Even FDR said that part of SS had to be private. It could not all be
government.

Rr

"RogerN"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 8:54 AM


"Curious Man" <[email protected]> wrote in message
news:[email protected]...
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

Some 35 years ago or so I read some stuff in the Bible that was to happen in
the end times that I never thought I'd see the day such things would happen.
One of these is that people would call good evil and call evil good, today
this is called modern liberalism. Another is that the Bible says that God
would turn men and women over to homosexuality, you'd have to stick your
head in the sand to not see that being fulfilled. And then the Bible also
says in the last days God would send a great delusion that would cause many
to turn from faith in God, and even the elect if that were possible. Now we
have great "scientific" evidence that people anxiously interpret to believe
all things came into existence without a creator. Richard Dawkins even
titled his book "The God Delusion", perhaps believing Richard Dawkins is the
delusion sent by God told about in the Bible.

But anyway, I found the following searching for those who call good evil and
evil good.

"Ann Coulter took some heavy artillery from the left this past week. Her new
book, Godless: The Church of Liberalism, has ignited the outrage of
liberals. You go girl! The media particularly has overreacted to such an
extent it is almost comical. When NBC, as only one example, reported the
release of her book on June 6, 2006, (666) they painted her with the same
colors that a rational person would paint Adolf Hitler, Osama bin Ladin, or
Jeffrey Dahmer. If I had not known what I was watching I might have guessed
that I was watching a Saturday Night Live skit.


This type of reaction is actually normal for liberals. When Ann Coulter in
the spirit of a Toto pulls back the curtain and exposes the real wizard they
know the game is up. They cannot stand being seen for who they are. They
cannot tolerate having opposing viewpoints and they are terrified of truth
when it doesn't line up with their worldview.[1] Trust me, truth has no
place in the liberal worldview. If you don't believe me then just watch the
liberal of your choice over time. Match up what they say with what they do.
You'll be convinced sooner rather than later.



Liberals have adopted some of the same tactics that communists have used for
years. They don't have a pure philosophy of law. Right and wrong are not the
focus of concern. It is only what advances their cause that counts. This is
why when the popular votes goes against them on an issue they often
circumvent the will of the people and get a liberal judge to rule in their
favor. Californians are well aware of this practice in their state.



I stated in my headline that liberals are evil, wrong, and nuts. Let me
address these charges one by one. My points are aimed at radical liberals
who, by the way, dominate the leadership of all the major institutions in
this nation. Their influence reaches far beyond the political sphere where
we seem to focus most of our attention. We need to look in the bushes too.



Liberals dominate the media. They rule the schools. Liberals stack the
leadership of the American Medical Association and the American Bar
Association. They control most of the major foundations and they manage some
of the most influential companies in America. Liberals line the ranks of the
environmental groups, animal rights groups, and anti-war organizations. And
don't forget Hollywood which cannot turn out a movie, it seems, without an
anti-war message, a gratuitous homosexual theme, or an end-of –the world
scenario caused by global warming.



We must remember that liberalism is not just a system of bad ideas. It is a
religion with its priests, creeds, confessions, and dogmas. Liberals worship
the system, their church. They gladly sacrifice themselves and anyone else,
friend or foe, who gets in the way of the cause. They are more religious
than most Christians. They are more dedicated than most Christians. I'm
sorry, it's just a fact and I'll bet 99% of pastors will agree with me.



I truly believe with all my heart that liberals are our enemies. They are
enemies of what is good. They are God's enemies. Now before anyone starts
judging me let me finish building my case. My standard is going to be
Scripture and hopefully you will agree with my reasoning.



Can we agree up front that if God calls something evil, then it is? Can we
agree that if God says don't do something, then we shouldn't do it? And
finally, if God says we should do something then there is no other option?
If we can agree on these basics, let's see if my charges are valid.



My first charge is that liberals are evil. Isaiah 5:20 says: Woe to those
who call evil good, and good evil, who put darkness for light, and light for
darkness. Scripture also says we can judge a tree (or a person) by their
fruit. A good tree bears good fruit and a bad tree bad fruit. This is simple
enough.



Since we don't use the word "evil" much anymore I want to submit a
definition for my purposes here. This comes from Webster's 1828 Dictionary.



E'VIL, n. Evil is natural or moral. Natural evil is any thing which produces
pain, distress, loss or calamity, or which in any way disturbs the peace,
impairs the happiness, or destroys the perfection of natural beings. Moral
evil is any deviation of a moral agent from the rules of conduct prescribed
to him by God, or by legitimate human authority; or it is any violation of
the plain principles of justice and rectitude. There are also evils called
civil, which affect injuriously the peace or prosperity of a city or state;
and political evils, which injure a nation, in its public capacity.



Modern liberalism in America qualifies as evil under every part of the above
definition. It is disturbing that we don't see it as such.



God says murder is evil. The essence of murder is striking out at the image
of God found in man. It is the worst of human crimes. In fact, God thinks
murder so heinous He determined that the only satisfaction for the crime is
the death of the perpetrator.[2] Liberals believe in abortion and abortion
is the cold-blooded murder of babies, the most innocent among us.[3] You
tell me, are liberals evil? Call it what you will, terminating a pregnancy,
dilation and evacuation, or premature delivery. It's still murder. A wig by
any other name is still a wig.



By the way liberals disagree with God's use of the death penalty. They
routinely support murderers and ignore their victims. Regardless of the
crime or the number of dead bodies, liberals side with the criminal.



God says stealing is wrong. The eighth commandment says, "You shall not
steal." No interpretation needed here. Therefore, stealing is wrong, evil.
Liberals believe in stealing. Theft is the very foundation of their corrupt
socialistic worldview. They take (steal) from the rich and give to the poor.
The more one makes, the more liberals want to take and redistribute.



Liberals fight any attempt at tax relief. They are still crying over the
Bush tax cuts. They continue to claim it only benefits the rich. I got my
tax cut and I'm not rich. Did you ever think the time would come, as it has,
when the President of the United States would have to tour the nation in
order to convince Americans that they should keep their money? He actually
had to sell us on a tax cut. What is wrong with us?



Liberal thinking is so far gone on this that they actually promised tax
increases as part of their platform in the last two presidential elections.
You would think they would at least take the lead from Bill Clinton and lie.
He promised a middle-class tax cut and then reneged a few days after he was
elected. Thank God they lost.



In the name of compassion,[4] liberals steal the quality and dignity of life
from the poorest among us. They do this by hooking them on the welfare
system and then writing rules which make it nearly impossible for them to
escape.



Liberals rob employers of the benefit of offering apprenticeships and young
workers from learning a valuable skill. This is done through the minimum
wage laws and employment rules. They also cause more unemployment. Minimum
wage laws force employers to pay some workers more than they are worth. They
must make up the difference by eliminating workers, reducing hours, or
raising prices. People are robbed on all levels.



In the First Commandment, God says, "You shall have no other gods before
Me." Liberals like any god but the true on. Those in the liberal
establishment, especially those in organizations like the ACLU and
American's United for the Separation of Church and State, have worked
feverishly to eject God permanently out of public consciousness. They are
succeeding.



Who was it that got Bible reading in government schools halted? Who was it
that had prayer in government schools banished? Thanks to liberal efforts,
every god known to man is now welcomed into our children's classrooms. The
devil himself has been given a hall pass and our God is shamelessly declared
persona non grata. Are liberals evil? You tell me.



Liberals support evil people too. Jimmy Carter went to Havana to dine with
Fidel Castro. Rush Limbaugh said some years ago that there wasn't a dictator
that Jimmy Carter didn't like. Hillary Clinton commended Saddam Hussein on
his treatment of women while condemning the U.S. for the Iraq war. Bill
Clinton helped restore Haiti dictator Jean-Bertrand Aristide to power. Those
who wield brutal power apparently fascinate Liberals.



Col. Oliver North reports on his website, www.freedomalliance.org:



"Castro was one of the few tyrants who failed to grace William Jefferson
Blythe Clinton's social calendar, though Mr. Clinton made it a habit to meet
regularly with the Dictator-of-the-Month while in office. Yasser Arafat
visited 1600 Pennsylvania Avenue no less than eleven times. Be it Fidel
Castro, Yasser Arafat or former Soviet dictator Mikhail Gorbachev, it seems
American liberals crave the affection of brutal authoritarians whose regimes
have brought nothing but agony and cruelty to their people."

Are you with me so far?

Part II, coming soon….

Ralph C. Barker"

http://www.worldviewtimes.com/article.php/articleid-795



EP

"Ed Pawlowski"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 8:28 PM


<[email protected]> wrote in message

> If you believe in "reverse racism", then you believe in racism.

Both exist

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 9:25 PM

Too_Many_Tools wrote:
> On Jun 5, 5:40 pm, "HeyBub" <[email protected]> wrote:
>> Curious Man wrote:
>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>> harmful substances, whereas "conservatives" are hard working, self
>>> reliant people who are very well off due to their own perseverance and
>>> work ethic.
>>> And yet, the few self proclaimed or suspected liberals and Obama
>>> supporters of this newsgroup, seem to be very well off, accomplished
>>> people, whereas many conservatives, while intelligent and interesting
>>> people on many levels, are not exactly above that kind of level of
>>> attainment.
>>> If that is the case, is that perhaps the time to reconsider our
>>> stereotypes?
>>> Curious Man
>> Liberals tend to provide for the common welfare through the treasury;
>> Conservative tend to promote the general welfare through the economy.
>>
>> Your observations have some merit. But the people who post here, who
>> genuinely want to help others, yet express "liberal" tendencies, are merely
>> proto-conservatives. As they age and accumulate wisdom, they'll change.
>
> LOL...I used to be a conservative but as I get older I find myself
> becoming much more liberal.
>
> That liberalism comes from acquiring wisdom.
>
> And if you haven't noticed, the Country just slapped the conservative
> movement into the next decade after enjoying its "benefits" under
> Bush.
>
> As those voters who voted for Obama age, they will be liberal leaning
> for decades.
>
> TMT

As my dear old departed mum told me almost 50 years ago - "When you're
young, you're idealistic and liberal, then you got to work and start
paying taxes and become a conservative, then you get old and start
looking for help because you didn't plan ahead and you become liberal
again".

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:11 PM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> HeyBub wrote:
>>>>> Too_Many_Tools wrote:
>>>>>
>>>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>>>
>>>>>> I think that is accomplishing something.
>>>>> Yes, but if avoiding starvation was the goal, they did it the wrong
>>>>> way.
>>>>>
>>>>> Simply handing out food would have been cheaper, more efficient, and
>>>>> more
>>>>> universal. Once again, a government program with a lofty goal, cost
>>>>> twice
>>>>> as
>>>>> much as it should and didn't fully address the problem.
>>>>>
>>>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>>>
>>>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>>>
>>>>> Right here. I was also right here when Obama committed $1.85 trillion
>>>>> more
>>>>> than revenue in the first quarter of this year. I'll be here as he
>>>>> spends
>>>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>>>
>>>>> The sad part is, Obama's expenditures don't guarantee we get to kill
>>>>> any
>>>>> enemies.
>>>>>
>>>>>
>>>> No, the sad part is that the foaming Bush-haters will never figure out
>>>> that however fiscally irresponsible Bush was (and he was), Obama
>>>> is at least an order of magnitude (base 10) worse, and he may
>>>> even top that before it's all over...
>>> That's not irresponsible. Deficit spending -- whether it's spending
>>> increases or tax cuts -- during a time of economic strength or stability
>>> is
>>> outright irresponsible. Cheney said "Reagan proved that deficits don't
>>> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>>>
>>> Obama is spending in a violent economic downturn. That's what most
>>> economists agree you should do. Then, like Clinton (who got lucky, but at
>>> least he didn't do a Bush), you try to pay down the debt in good times.
>>> That's Keynes.
>>>
>>> --
>>> Ed Huntress
>>>
>>>
>> Noboby has paid down any debt since Ike.
>
> Wrong. You're probably reading the right-wing crank-crap that includes
> future Social Security obligations (in the form of non-negotiable special
> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
> stupid, and wrong again. Even the Bush administration admitted that the
> national debt had been reduced -- just a bit -- under Clinton.
>
> --
> Ed Huntress
>
>
Debt is debt. When it comes time to pay off the bond holders, it
matters not who they are, there is no distinction in method when the
government has to raise the cash. Perhaps you can find the last
reductions in debt from the governments statistics?

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 1:49 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> HeyBub wrote:
>>> Too_Many_Tools wrote:
>>>
>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>
>>>> I think that is accomplishing something.
>>> Yes, but if avoiding starvation was the goal, they did it the wrong way.
>>>
>>> Simply handing out food would have been cheaper, more efficient, and more
>>> universal. Once again, a government program with a lofty goal, cost twice
>>> as
>>> much as it should and didn't fully address the problem.
>>>
>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>
>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>
>>>
>>> Right here. I was also right here when Obama committed $1.85 trillion
>>> more
>>> than revenue in the first quarter of this year. I'll be here as he spends
>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>
>>> The sad part is, Obama's expenditures don't guarantee we get to kill any
>>> enemies.
>>>
>>>
>> No, the sad part is that the foaming Bush-haters will never figure out
>> that however fiscally irresponsible Bush was (and he was), Obama
>> is at least an order of magnitude (base 10) worse, and he may
>> even top that before it's all over...
>
> That's not irresponsible. Deficit spending -- whether it's spending
> increases or tax cuts -- during a time of economic strength or stability is
> outright irresponsible. Cheney said "Reagan proved that deficits don't
> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>
> Obama is spending in a violent economic downturn. That's what most
> economists agree you should do. Then, like Clinton (who got lucky, but at
> least he didn't do a Bush), you try to pay down the debt in good times.
> That's Keynes.
>
> --
> Ed Huntress
>
>

Noboby has paid down any debt since Ike.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 2:27 PM


"Steve Turner" <[email protected]> wrote in message
news:MldWl.18436$%[email protected]...
> Too_Many_Tools wrote:
> > On Jun 4, 11:13 pm, "Hawke" <[email protected]> wrote:
> >>>>>> There seems to be a stereotype that "liberals" are the lazy sorts
of
> >>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
> >>>>>> harmful substances, whereas "conservatives" are hard working, self
> >>>>>> reliant people who are very well off due to their own perseverance
and
> >>>>>> work ethic.
> >>>>>> And yet, the few self proclaimed or suspected liberals and Obama
> >>>>>> supporters of this newsgroup, seem to be very well off,
accomplished
> >>>>>> people, whereas many conservatives, while intelligent and
interesting
> >>>>>> people on many levels, are not exactly above that kind of level of
> >>>>>> attainment.
> >>>>> Show us your data. IOW, you're talking out your a$$.
> >>>>>> If that is the case, is that perhaps the time to reconsider our
> >>>>>> stereotypes?
> >>>>> Perhaps you should reconsider yours.
> >>>> i think what he is saying is that your stereotypes should be the
> >>>> same as his...
> >>> Ah, yes. That is the leftist's way.
> >> At least that is what you think the leftist's way is. What people are
> >> forgetting is that there are stereotypes, which do have some truth to
them,
> >> and then there is reality. There are concrete things that actually make
> >> someone a liberal or a conservative. They each have their own ways and
> >> beliefs. The problem is when one side makes claims about the other side
> >> which are not true, which is usually the case. In this group, which is
> >> filled with right wingers and republicans denigration of "liberals" are
> >> posted constantly. That's because the "wingers" detest anyone who has
views
> >> that are different from theirs (a conservative trait). Proof of this is
the
> >> unending stream of criticism and invectives directed at liberals by
them.
> >>
> >> Take one trait that is common among liberals; tolerance. This same
trait is
> >> not shared or highly regarded by conservatives. A trait they like a lot
more
> >> is authority or hierarchy. Each group has it's own group of attributes
and
> >> they are not shared much by the other group. Both groups have a low
opinion
> >> of the other group. But if you want to know the facts about one group
or the
> >> other you don't ask the other side because most of what they think is
wrong.
> >> Anyone can find the truth about liberals or conservatives if they want
but
> >> for most people it's a lot easier to simply call the other group names
and
> >> say nasty things about them. On this group, most of the people doing
that
> >> are conservatives. That's is not an opinion. It's a fact.
> >>
> >> Hawke
> >
> > Well said.
>
> I beg to differ; I thought what he said was a load of shit.


That's only because you're a right winger. You guys always dislike the
truth. Especially when it's said about you. I'm sure we could confirm that
by asking your wives or girlfriends.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:26 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Too_Many_Tools wrote:
> > On Jun 8, 9:16 am, Tim Daneliuk <[email protected]> wrote:
> >> Upscale wrote:
> >>> "Tim Daneliuk" <[email protected]> wrote in message
> >>>>> ...and made most of it disappear.
> >>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
> >>>> less than 6 months.
> >>> And how *exactly* do you now it's flushed away. As usual, you make all
sorts
> >> Because it has been committed by our Dear Leader and thus must be
spent.
> >> Most of it is being spent on things that are not necessary and not
> >> permitted of the Federal government under the Constitution Of The US.
> >> Most of it is political pork our Dear Leader is using to pay off his
> >> political IOUs with Other People's Money.
> >>
> >>> of wild claims before any type of final result is in. If you had any
iota of
> >>> common sense, you'd know that it takes years for final results to be
> >>> tallied.
> >> It will take far less than "years". We will see raging inflation
> >> within less than a decade if the economists are even close to right.
> >>
> >>
> >>
> >>> Not so for Tim Daneliuk, your mind is made up now. You're just full of
all
> >> That's because my mind is made up by facts and analysis not from
smoking
> >> Hopeium.
> >>
> >>> kinds of criticism about your current government, but the truth is
that
> >> The current government is full of fools and charlatans and is led by
> >> by a dangerous malignancy. There are precious few patriots and
thinkers
> >> in the current government.
> >>
> >>> people like you are the least able to judge it. You didn't vote for
either
> >>> incumbent, you contributed nothing, gave nothing and whine all day
about how
> >> There was only one incumbent and he was not eligible to run again, so
> >> you're right - neither I nor anyone else voted for him. I also didn't
> >> vote for either candidate since cooperating with people that wish to
> >> terminate at least some (or all) of your freedoms is self destructive.
> >>
> >>> much it's going to cost you. The fact is that all you do is talk. And,
that
> >> How much will it cost me, my children, my grandchildren, and possibly
> >> my great-grandchildren to pay off The Messiah's grandstanding? How
> >> much will it cost the nation in prestige and future influence globally?
> >> How much freedom will be undermined and power instead passed to the
> >> government?
> >>
> >> I don't know what's going on, huh? So far The Messiah has:
> >>
> >> 1) Stolen wealth from those that legitimately owned it.
> >> 2) Attacked, killed, or nationalized (same as killing) some of the very
> >> largest institutions that produce *new* wealth.
> >> 3) Sold out our key ally in the Middle East and at the same time,
> >> bowed his head to the evil dictators of the Middle East.
> >> 4) Openly supported the killing of children just weeks before birth.
> >> 5) Supported a system of political corruption nation wide that buys
> >> votes with tax money in the form of pork projects. He's done
> >> this at a breathtaking scale never before seen.
> >> 6) Generally spent more money that doesn't actually exist in a shorter
time
> >> than any U.S. president before him.
> >> 7) Demanded public "sacrifice" while government lives like pigs.
> >>
> >>> talk is based on nothing more than lack of experience, lack of action
and
> >>> lack of any kind of involvement.
> >> It's based on a desire to not be anyone's slave. I realize that a good
> >> many people like been well kept pets, but I'm not one of them.
> >>
> >>
> >>
> >>> You're a "nothing" Tim and that's the worst kind of citizen.
> >> I guess it's more honorable to be a citizen that wallows in being
> >> a ward of the state.
> >>
> >> --
>
>> -------------------------------------------------------------------------
---
> >> Tim Daneliuk [email protected]
> >> PGP Key: http://www.tundraware.com/PGP/
> >
> > So Tim...what's your plan?
> >
> > How would you save the United States from the brink of The Great Bush
> > Depression we are standing at the edge of?
> >
> > I'm listening.
> >
> > TMT
>
> 1) It was not particularly a "Bush Depression". A good many governments
> before him conspired to make stupid decisions that led us to this
place.
> So did the dishonest, incompetent legislative fleabags like Frank,
> Pelosi, Schumer, et al. Let's also not forget the role of the
individual
> Sheeple that decided to live way beyond their means. Let also also
> not forget that the Bush administration - warts and all - *repeatedly*
> try to warn the Congress that Fannie/Freddie were on very shaky
> ground only to be waved off by the polluted social justice groupies
> in he Congress (like Frank).
>
> 2) You don't "fix" economies. You stay out of their way and let them
"fix"
> themselves via market mechanisms.
>
> 3) The government should have focused entirely on any question of fraud or
> outright illegality. Among these would include the cozy relationships
> between rating agencies and the people constructing the CDOs as well as
> the outright illegal practice of naked short selling.
>
> The best thing to do here would have been more-or-less *nothing*. We
would have
> had a very deep recession, possibly even depression which - like all
market
> cleansings - gets rid of driftwood and leaves healthier companies behind.
> This pain - and it would have been immense pain - is far preferable to the
> death by a thousand paper cuts being inflicted by our Dear Leader by means
> of deficit spending, shadow and overt tax increases, inflationary monetary
> policy, and picking and choosing marketplace winners.



I have some bad news for ya. Your "do nothing" recommendation is just what
the Hoover administration thought was the right medicine for the country in
1929. Their view was that the depression was like a hurricane. The best
thing you could do was get out of the way and let it happen and then clean
up afterwards. You will understand if we don't think that is a smart way to
handle our problems. It didn't work then and it won't work now. Why else
would the government not be following your and Hoover's advise to just do
nothing? Maybe because they know something you don't. Like history.

Hawke

ND

"NuWave Dave"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 6:23 AM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
:
: "cavelamb" <[email protected]> wrote in message
: news:[email protected]...
: > krw wrote:
: >> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
: >> <[email protected]> wrote:
: >>
: >>> There seems to be a stereotype that "liberals" are the lazy sorts
of
: >>> people who interrupt TV viewing only to go to soup lines, or smoke
: >>> harmful substances, whereas "conservatives" are hard working, self
: >>> reliant people who are very well off due to their own perseverance
and
: >>> work ethic.
: >>>
: >>> And yet, the few self proclaimed or suspected liberals and Obama
: >>> supporters of this newsgroup, seem to be very well off,
accomplished
: >>> people, whereas many conservatives, while intelligent and
interesting
: >>> people on many levels, are not exactly above that kind of level of
: >>> attainment.
: >>
: >> Show us your data. IOW, you're talking out your a$$.
: >>
: >>> If that is the case, is that perhaps the time to reconsider our
: >>> stereotypes?
: >>
: >> Perhaps you should reconsider yours.
: >
: > i think what he is saying is that your stereotypes should be the
: > same as his...
:
: More likely what he would have said, had he not been so polite, is
that the
: people who identify themselves at either end of the spectrum are out
of
: their minds. And, of course, he would be correct. d8-)

I thought he was just being a conservative.

Dave in Houston

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 2:01 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>> But lots of real economists think that the deficit spending and jobs
>>programs were not effective in ending the Depression.
>
> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>
> --
> Ed Huntress
>


Easy to see that the deficit spending and WPA was not helping end the
depression. The War ended the depression. During the Depression, FDR
managed to lower the unemployment rate to at most 20% from a high of 24%.
The War took 2 million people into the Military and the rest of the people
were manufacturing stuff for the 2 million in uniform. A war these days
will not cure the depression. We have closed most smokestack manufacturing
in this country, and even if we could open up "smokestack manufacturing"
now, there are not enough skilled workers to staff the plants. We have a
very illiterate population these days. Some regions have a 50%+ dropout
rate before finishing high school. Maybe if we brought back shop classes,
the kids would stay in school as they could see something they could do in
the future. Maybe 20% of the population should go to college. Those that
are both smart enough and motivated enough to do the work. We have raised
wages astronomically pricing us out of a lot of the manufacturing jobs. $70
an hour with benefits to put lug nuts on a car. less than 30 years ago,
$23k was a mid level engineering salary. Due to inflation because of
government overspending and capitulation to "Public Service" unions,
salaries are skewed way high here. 40 years ago we could compete due to
better productivity and lower shipping costs for "Made in America". We made
maybe 3x what a worker in another country made. Not the 10-20x now. When I
designed disk drives in the 1980's, the fully bundled labor cost for making
Head Stack Assemblies in Malaysia was $3.50 an hour. Most of the assembly
was robotic, but to do the same job here was at a minimum $35 an hour. 10x
the cost in Asia. I do not have a cure for the problems, but we are going
to have to stop considering a "Living Wage" for everyone. Get some skills
if you want higher pay! When a BART (transit) train driver makes $80k
salary + benefits extra a year to sit and look out the window to see if
anybody is stuck in the doors before the transit train moves, and if the
train control fails, use the manual throttle to go at 25 mph max to the next
station. We are overpaying. And with a Congress and Executive branch hell
bent on bankrupting the country by spending like a drunk machinist out on
the town, I do not see a lot of good in the future for us. While companies
are laying off people and taking salary cuts out "leaders" are taking pay
raises and giving an average of 17% bonus to staff members. Fannie May and
Freddie Mac, who are a major cause of the housing bust and are billions in
the hole have given out some $51 million plus in bonus money. People in
leadership positions in government and quasi government business should be
getting pink slips not bonus checks!

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 11:09 AM

Too_Many_Tools wrote:
>
> LOL...tell me...what will the millions of Americans do in the next few
> years for retirement when their 401Ks are worth nothing, their houses
> are worth much, much less and with millions living off what savings
> they might have?

Get a job?

>
> Or the damning fact that 60% of bankruptcies are medical related...and
> you incur most of your medical costs after retirement.

No biggie. Bankruptcies have to be caused by something, else there wouldn't
be any.

>
> And you do realize that this deep, deep recession has a long way to go
> yet. Best estimates that the economy MAY bottom out late next year. So
> how deep of pockets do you have..especially if government payments are
> cut?

You're right. One will just have to cut back on expenses.

>
> The truth in life is that you can do everything right and still arrive
> at retirement penniless.
>

Yep.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:01 PM

Robatoy wrote:
> On Jun 11, 3:47 pm, Tim Daneliuk <[email protected]> wrote:
>
>>
>> No, the sad part is that the foaming [insert whatever it is, but it
>> sure is foaming]....
>
> What is with you and that foam thing. Were you, as a child, left in
> the bathtub with a bar of soap...for too long?

Soap sometimes leaves an ugly ring behind.

So, I say "Hold the soap! Hold the soap!"

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 9:25 AM

rangerssuck wrote:
>
> Here's another angle:
>
> I pay over $10,000 per year for health insurance. A significant
> portion of that bill is for prescription drugs. So why the fuck is it
> that for the two generic prescriptions I fill each month, it's cheaper
> to pay the drug store directly than to pay the copays from the
> insurance company?

Less paperwork? There's overhead in massaging the transaction.

I asked my cardiologist how he could make out charging me only $180 for a
treadmill stress test (I was figuring his and his assistant's time,
equipment, overhead, and so forth). His reply: "Easy. You pay cash."

>
> Last week, I noticed a sign at my supermarket saying that their
> pharmacy would fill antibiotic prescriptions for FREE, and many others
> for $3.95.
>
> My point is that there MUST be a less expensive way to do this.

EE

Eregon

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 1:56 AM

"John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
rec.crafts.metalworking:

> People are living much longer today as a rule. That and changes in age
> weighted distribution of he population are the cause of forecast
> shortfalls in the SS fund.
>

Pillaging of the SS "Trust Fund" by Congress is the "Cause" of the
shortfall.


--
I used to be an anarchist but had to give it up: _far_ too many rules.

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 12:29 PM

"[email protected]" <[email protected]> wrote in
news:85ef0c68-ae19-44fa-a94b-287e84958d94@r37g2000yqd.googlegroups.com:

> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>
>> What's irritating is that no matter how many times you show these
>> numbers
> to
>> right wing guys it just doesn't sink in
>>
>> Hawke
>
> Just to irritate you some more, it still has not sunk in. The problem
> is while it is easy to come up with those numbers, it is a lot harder
> to know why. Correlation does not mean cause and effect.
>
> An easy way to decrease the cost of healthcare in the US, would be to
> eliminate all procedures which will only prolong someones life by six
> months and also eliminate all procedures that do not have a proven
> success record. If we had done this say thirty years ago, we would
> not have any heart transplants , artificial heart valves, etc.
>
> Dan

Until you have been involved in the decision whether to treat a loved one
aggressively to prolong life or let go ("let nature take its course"),
you don't know what you are talking about.

--
Best regards
Han
email address is invalid

GA

Gunner Asch

in reply to Han on 14/06/2009 12:29 PM

15/06/2009 3:08 PM

On Mon, 15 Jun 2009 14:33:54 -0500, Tim Daneliuk <[email protected]>
wrote:

>
>*Every one of these* were genocidal nightmares (Hitler, Stalin,
>and Tojo alone top something staggering like 100M dead
175 million, plus when you include Mao.


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 2:27 PM

"John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
news:[email protected]:

>
> "Han" <[email protected]> wrote in message
> news:[email protected]...
>> "[email protected]" <[email protected]> wrote in
>> news:85ef0c68-ae19-44fa-a94b-287e84958d94@r37g2000yqd.googlegroups.com
>> :
>>
>>> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>>>
>>>> What's irritating is that no matter how many times you show these
>>>> numbers
>>> to
>>>> right wing guys it just doesn't sink in
>>>>
>>>> Hawke
>>>
>>> Just to irritate you some more, it still has not sunk in. The
>>> problem is while it is easy to come up with those numbers, it is a
>>> lot harder to know why. Correlation does not mean cause and effect.
>>>
>>> An easy way to decrease the cost of healthcare in the US, would be
>>> to eliminate all procedures which will only prolong someones life by
>>> six months and also eliminate all procedures that do not have a
>>> proven success record. If we had done this say thirty years ago, we
>>> would not have any heart transplants , artificial heart valves, etc.
>>>
>>> Dan
>>
>> Until you have been involved in the decision whether to treat a loved
>> one aggressively to prolong life or let go ("let nature take its
>> course"), you don't know what you are talking about.
>
> It isn't a question of treatment or not. The question is payment.
> There isn't any reason a person shouldn't be able to buy insurance to
> cover anything they need.
> Their needs, and the needs of their families for emotional placation,
> are not the needs of society.
>
> JC

If you think payment is the question, not treatment, then I have to ask
payment for what? The cost of (let's say) a liver transplant for a
patient who is going to die soon, whether or not the transplant occurs,
is WAY more than the cost of palliative treatment. I have to ask what we
are insuring against. A basic low(er) level of treatment costs, or the
costs of treating everything. IMNSHO, a asic level of insurance (however
defined) should be compulsory (yes, that bad word, and whether the
employee or the employer pays is ultimately only semantics). On top of
that a person should be allowed to insure against the costs of more
complex events/procedures. Freedom of personal choice, etc., etc.

Society needs some kind of insurance, and the current system is
dysfunctional.


--
Best regards
Han
email address is invalid

Hd

"Hawke"

in reply to Han on 14/06/2009 2:27 PM

19/06/2009 3:07 PM

> >> The conservatives are the party of terrible ideas. The liberals are
> >> the party of evil and dangerous ideas.
> >
> >
> > Whatever your political persuasion is you need to start worrying when
Gummer
> > starts praising you. He's a certifiable nut and far out right winger. So
if
> > he likes what you are saying you need to do some serious thinking about
what
> > you said.
> >
> > And you got the first part right in your last statement but you're
pretty
> > far off base about liberals. You do know that you are living in what's
known
> > as a "liberal" democracy don't you? And you do know that the founding
> > fathers you seem to have some respect for were definitely liberals. So I
> > guess you don't think much of their "liberal" ideas, which of course,
were
> > what this country was founded on.
> >
> > Hawke
> >
> >
>
> You need to explore the roots of the word "liberal". The people who
> thus self identify today would have been almost 100% in opposition
> to the views of our founding fathers: Limited government via Federalism,
> strong independent States' Rights, the doctrine of Enumerated Rights ...
> all of these and more are regularly violated by today's so-called
> "liberals". In reality, almost all liberals today, and a good many
> conservatives are actually "statists" that wish to undo the limits
> of Federalism.

If you actually knew what liberals thought you would see how off the mark
your ideas are. You are going to have a hard time finding liberals today who
don't believe in limited government, states' rights, or enumerated rights.
The conflict is in what these mean and how far one goes in believing in
them. You simply think they mean far more than liberals do. But they still
believe in them.

You should also know that the limited government, federalism and weak
central government was already tried by the founding fathers when the
Articles of Confederation were adopted. In fact, it sounds like your idea of
the best government would be like the Articles. Unfortunately, it was the
founding fathers themselves who learned that a stronger central government
was better than the federalism you prefer. So, they tried it and rejected it
for a strong central government. Hamilton and Jefferson fought over this
repeatedly. Hamilton won and even Jefferson acted more like a statist when
he was president. In theory what you advocate sounds good but in reality it
doesn't work.

Hawke

TD

Tim Daneliuk

in reply to Han on 14/06/2009 2:27 PM

19/06/2009 5:27 PM

Hawke wrote:
>>>> The conservatives are the party of terrible ideas. The liberals are
>>>> the party of evil and dangerous ideas.
>>>
>>> Whatever your political persuasion is you need to start worrying when
> Gummer
>>> starts praising you. He's a certifiable nut and far out right winger. So
> if
>>> he likes what you are saying you need to do some serious thinking about
> what
>>> you said.
>>>
>>> And you got the first part right in your last statement but you're
> pretty
>>> far off base about liberals. You do know that you are living in what's
> known
>>> as a "liberal" democracy don't you? And you do know that the founding
>>> fathers you seem to have some respect for were definitely liberals. So I
>>> guess you don't think much of their "liberal" ideas, which of course,
> were
>>> what this country was founded on.
>>>
>>> Hawke
>>>
>>>
>> You need to explore the roots of the word "liberal". The people who
>> thus self identify today would have been almost 100% in opposition
>> to the views of our founding fathers: Limited government via Federalism,
>> strong independent States' Rights, the doctrine of Enumerated Rights ...
>> all of these and more are regularly violated by today's so-called
>> "liberals". In reality, almost all liberals today, and a good many
>> conservatives are actually "statists" that wish to undo the limits
>> of Federalism.
>
> If you actually knew what liberals thought you would see how off the mark
> your ideas are. You are going to have a hard time finding liberals today who
> don't believe in limited government, states' rights, or enumerated rights.
> The conflict is in what these mean and how far one goes in believing in
> them. You simply think they mean far more than liberals do. But they still
> believe in them.
>
> You should also know that the limited government, federalism and weak
> central government was already tried by the founding fathers when the
> Articles of Confederation were adopted. In fact, it sounds like your idea of
> the best government would be like the Articles. Unfortunately, it was the
> founding fathers themselves who learned that a stronger central government
> was better than the federalism you prefer. So, they tried it and rejected it
> for a strong central government. Hamilton and Jefferson fought over this
> repeatedly. Hamilton won and even Jefferson acted more like a statist when
> he was president. In theory what you advocate sounds good but in reality it
> doesn't work.
>
> Hawke
>
>

Today's liberal statists have very little in common with Hamilton OR
Jefferson. Their commitment to limited government and Federalism
is a mere gesture and not uttered with any real depth of conviction.
Were this not so, liberals would not constantly be promoting their
Utopian nanny state foolishness. Limited government advocates do
not promote gun control, limiting CEO salaries, government run healthcare,
welfare, aid to dependent children, HeadStart, government funded abortions,
anti-smoking laws, and all of the rest of the sewage that defines the
contemporary left...

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

MJ

Mark & Juanita

in reply to Han on 14/06/2009 2:27 PM

19/06/2009 8:21 PM

Hawke wrote:

>> >> The conservatives are the party of terrible ideas. The liberals are
>> >> the party of evil and dangerous ideas.
>> >
>> >
... snip
>>
>> You need to explore the roots of the word "liberal". The people who
>> thus self identify today would have been almost 100% in opposition
>> to the views of our founding fathers: Limited government via Federalism,
>> strong independent States' Rights, the doctrine of Enumerated Rights ...
>> all of these and more are regularly violated by today's so-called
>> "liberals". In reality, almost all liberals today, and a good many
>> conservatives are actually "statists" that wish to undo the limits
>> of Federalism.
>
> If you actually knew what liberals thought you would see how off the mark
> your ideas are. You are going to have a hard time finding liberals today
> who don't believe in limited government, states' rights, or enumerated
> rights. The conflict is in what these mean and how far one goes in
> believing in them. You simply think they mean far more than liberals do.
> But they still believe in them.
>

Then let's use the word "statist" to describe the people in charge of the
current administration and congress. There is no doubt that those in
charge are pushing for larger federal power, more government, higher taxes,
and less personal freedom.

> You should also know that the limited government, federalism and weak
> central government was already tried by the founding fathers when the
> Articles of Confederation were adopted.

Umm, no, the problem with the Articles of Federation was that they were
not true federalism.


> In fact, it sounds like your idea
> of the best government would be like the Articles. Unfortunately, it was
> the founding fathers themselves who learned that a stronger central
> government was better than the federalism you prefer. So, they tried it
> and rejected it for a strong central government. Hamilton and Jefferson
> fought over this
> repeatedly. Hamilton won and even Jefferson acted more like a statist
> when he was president. In theory what you advocate sounds good but in
> reality it doesn't work.
>
> Hawke

The founders recognized that a federal republic should have a central
government with the power to regulate interstate and foreign commerce, and
see to the common defense of the republic. Note the word "regulate" was
*never* meant by the founders to mean controlling or owning businesses
engaged in interstate commerce. However, the federal government was not
intended to be the over-arching controlling authority over citizens' lives
that it has become. The statists are winning right now and that is cause
for grave concern for those who value liberty.


--
If you're going to be dumb, you better be tough

Hd

"Hawke"

in reply to Han on 14/06/2009 2:27 PM

16/06/2009 2:04 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Gunner Asch wrote:
> > On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
> > wrote:
> >
> >>> everything it could to do just what he's recommending and the result
is that
> >>> this country is a disaster scene. It makes me wonder how could he be
> >>> recommending this shit when it was just tried and it failed so
completely.
> >>> It just goes to show you that no matter how good one is at math that
doesn't
> >>> mean you know shit about anything else. Which he just proved. Keep
sending
> >>> your troops over open ground to face machine gun fire Tim. Just
because it
> >>> failed over and over doesn't mean you shouldn't keep doing it. That's
right
> >>> wing thinking at its best.
> >>>
> >>> Hawke
> >>>
> >>>
> >> <It is not necessary to become angry to the point of spitting when
> >> disagreeing with people. Disagreeing agreeably is called "being an
adult".>
> >>
> >> 1) I'm an not now, nor have I ever been right wing.
> >> 2) The problems you describe were not caused by markets or a lack of
regulation.
> >> They were caused by a *lack* of markets (like bailing out badly run
> >> companies", too *much* government interference in the business
> >> cycle, and grotesque amounts of government deficit spending for
> >> over 60 years.
> >> 3) Markets and small government are not discredited ideas. They are
> >> misunderstood ideas.
> >> 4) Personal attacks demonstrate you have no real argument.
> >
> >
> > Your not half bad for a self admitted Liberal. Well done.
> > Gunner
>
> This may come as a shock to you and others who see the world as only
> having two choices: I'm no liberal either. Both liberals and
> conservatives want to tell everyone else what to do. I don't.
> I want to remain free - free of liberals frothing about how
> I ought to "serve the community" or some other stupid nonsense,
> but also free of conservatives deciding what constitutes moral
> behavior. Both are at odds with the ideas that founded this nation.
>
> The conservatives are the party of terrible ideas. The liberals are
> the party of evil and dangerous ideas.


Whatever your political persuasion is you need to start worrying when Gummer
starts praising you. He's a certifiable nut and far out right winger. So if
he likes what you are saying you need to do some serious thinking about what
you said.

And you got the first part right in your last statement but you're pretty
far off base about liberals. You do know that you are living in what's known
as a "liberal" democracy don't you? And you do know that the founding
fathers you seem to have some respect for were definitely liberals. So I
guess you don't think much of their "liberal" ideas, which of course, were
what this country was founded on.

Hawke

Hd

"Hawke"

in reply to Han on 14/06/2009 2:27 PM

20/06/2009 1:37 PM


"Mark & Juanita" <[email protected]> wrote in message
news:[email protected]...
> Hawke wrote:
>
> >> >> The conservatives are the party of terrible ideas. The liberals are
> >> >> the party of evil and dangerous ideas.
> >> >
> >> >
> ... snip
> >>
> >> You need to explore the roots of the word "liberal". The people who
> >> thus self identify today would have been almost 100% in opposition
> >> to the views of our founding fathers: Limited government via
Federalism,
> >> strong independent States' Rights, the doctrine of Enumerated Rights
...
> >> all of these and more are regularly violated by today's so-called
> >> "liberals". In reality, almost all liberals today, and a good many
> >> conservatives are actually "statists" that wish to undo the limits
> >> of Federalism.
> >
> > If you actually knew what liberals thought you would see how off the
mark
> > your ideas are. You are going to have a hard time finding liberals today
> > who don't believe in limited government, states' rights, or enumerated
> > rights. The conflict is in what these mean and how far one goes in
> > believing in them. You simply think they mean far more than liberals do.
> > But they still believe in them.
> >
>
> Then let's use the word "statist" to describe the people in charge of
the
> current administration and congress. There is no doubt that those in
> charge are pushing for larger federal power, more government, higher
taxes,
> and less personal freedom.
>
> > You should also know that the limited government, federalism and weak
> > central government was already tried by the founding fathers when the
> > Articles of Confederation were adopted.
>
> Umm, no, the problem with the Articles of Federation was that they were
> not true federalism.
>
>
> > In fact, it sounds like your idea
> > of the best government would be like the Articles. Unfortunately, it was
> > the founding fathers themselves who learned that a stronger central
> > government was better than the federalism you prefer. So, they tried it
> > and rejected it for a strong central government. Hamilton and Jefferson
> > fought over this
> > repeatedly. Hamilton won and even Jefferson acted more like a statist
> > when he was president. In theory what you advocate sounds good but in
> > reality it doesn't work.
> >
> > Hawke
>
> The founders recognized that a federal republic should have a central
> government with the power to regulate interstate and foreign commerce, and
> see to the common defense of the republic. Note the word "regulate" was
> *never* meant by the founders to mean controlling or owning businesses
> engaged in interstate commerce. However, the federal government was not
> intended to be the over-arching controlling authority over citizens' lives
> that it has become. The statists are winning right now and that is cause
> for grave concern for those who value liberty.


Here's the problem you're having. What the founders thought doesn't really
matter all that much any more. That's the truth. They had no clue whatsoever
that the world would be anything like it is now, you can't blame them for
that though. Things have changed so much in the last 200 years that little
of what they believed in still applies. If they were alive today they would
understand that the modern U.S. has to operate far differently than it did
when they created it. That means having a strong central government that is
basically the country's real government. Basic things are left to the states
to handle but the federal government is what counts. They never thought that
would happen. They thought the country would always be a confederation of
strong and pretty independent states. Well, it didn't work out that way. It
turned into a strong central government with a confederation of weak states.
But that is how it has to work in today's world.

You can argue over how far the government should go in what it does, and
many people think it's gone too far. But the basic assumption is that the
federal government is the United States government not the state
governments. Over the past eight years we saw a tremendous increase in
government intrusion and power under Bush, which didn't have to be. Now we
have a real problem and the only way to fix it is for the government
(central) to do it. Out of necessity, and for a temporary time, the Obama
administration is going to have to do things it wouldn't ordinarily do. The
same was true with FDR. Exigent circumstances have made a situation where
the central government has to intervene in areas it would rather not be
involved in. Once the crisis has passed Obama's government will shrink and
will be less intrusive than Bush's was. Regardless, because of the evolution
of the nation and the modern world the government has to be a lot bigger
than what people thought in 1776. But despite the changes in thinking from
then until now what you don't get is that while you may want a minimalist
government most of America does not. They want Soc. Sec., they want
Medicare, they want national health care, they want a clean environment,
they want a large national defense. So the reason our government is so big
is because that is what Americans have demanded even though there are those
like you that don't want those things. Like it or not that's the way it is
and that's the way it's going to stay. Like the saying goes, "we're not in
Kansas anymore, Toto".

Hawke

TD

Tim Daneliuk

in reply to Han on 14/06/2009 2:27 PM

20/06/2009 4:19 PM

Hawke wrote:
> "Mark & Juanita" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>
>>>>>> The conservatives are the party of terrible ideas. The liberals are
>>>>>> the party of evil and dangerous ideas.
>>>>>
>> ... snip
>>>> You need to explore the roots of the word "liberal". The people who
>>>> thus self identify today would have been almost 100% in opposition
>>>> to the views of our founding fathers: Limited government via
> Federalism,
>>>> strong independent States' Rights, the doctrine of Enumerated Rights
> ...
>>>> all of these and more are regularly violated by today's so-called
>>>> "liberals". In reality, almost all liberals today, and a good many
>>>> conservatives are actually "statists" that wish to undo the limits
>>>> of Federalism.
>>> If you actually knew what liberals thought you would see how off the
> mark
>>> your ideas are. You are going to have a hard time finding liberals today
>>> who don't believe in limited government, states' rights, or enumerated
>>> rights. The conflict is in what these mean and how far one goes in
>>> believing in them. You simply think they mean far more than liberals do.
>>> But they still believe in them.
>>>
>> Then let's use the word "statist" to describe the people in charge of
> the
>> current administration and congress. There is no doubt that those in
>> charge are pushing for larger federal power, more government, higher
> taxes,
>> and less personal freedom.
>>
>>> You should also know that the limited government, federalism and weak
>>> central government was already tried by the founding fathers when the
>>> Articles of Confederation were adopted.
>> Umm, no, the problem with the Articles of Federation was that they were
>> not true federalism.
>>
>>
>>> In fact, it sounds like your idea
>>> of the best government would be like the Articles. Unfortunately, it was
>>> the founding fathers themselves who learned that a stronger central
>>> government was better than the federalism you prefer. So, they tried it
>>> and rejected it for a strong central government. Hamilton and Jefferson
>>> fought over this
>>> repeatedly. Hamilton won and even Jefferson acted more like a statist
>>> when he was president. In theory what you advocate sounds good but in
>>> reality it doesn't work.
>>>
>>> Hawke
>> The founders recognized that a federal republic should have a central
>> government with the power to regulate interstate and foreign commerce, and
>> see to the common defense of the republic. Note the word "regulate" was
>> *never* meant by the founders to mean controlling or owning businesses
>> engaged in interstate commerce. However, the federal government was not
>> intended to be the over-arching controlling authority over citizens' lives
>> that it has become. The statists are winning right now and that is cause
>> for grave concern for those who value liberty.
>
>
> Here's the problem you're having. What the founders thought doesn't really
> matter all that much any more. That's the truth. They had no clue whatsoever

Not to statists and other apologists for collectivism. For those of
us that wish the blessings of personal liberty to continue, they do
very much still matter.

> that the world would be anything like it is now, you can't blame them for
> that though. Things have changed so much in the last 200 years that little
> of what they believed in still applies. If they were alive today they would

Not when it comes to the power of the collective over the individual
it hasn't changed. Nothing in the so-called changed world mitigates the
need to vastly limit government power - perhaps even moreso than in the
Framers' time. They didn't have GPS, surveillance electronics, the NSA,
and all the rest at their disposal. Their ideas still tower today, except
of course among the whiney statists that increasingly infest the body
politic. Whiney statists that cannot bear the thought of being self
reliant, responsible, and otherwise free, and prefer the shackles of
being kept public pets.


> understand that the modern U.S. has to operate far differently than it did
> when they created it. That means having a strong central government that is
> basically the country's real government. Basic things are left to the states
> to handle but the federal government is what counts. They never thought that
> would happen. They thought the country would always be a confederation of
> strong and pretty independent states. Well, it didn't work out that way. It
> turned into a strong central government with a confederation of weak states.
> But that is how it has to work in today's world.

The "modern U.S. [government]" only operates far differently because
its citizens have increasingly abandoned their birthright of personal
liberty, and for no other necessary reason.
>
> You can argue over how far the government should go in what it does, and
> many people think it's gone too far. But the basic assumption is that the
> federal government is the United States government not the state
> governments. Over the past eight years we saw a tremendous increase in

That is your assumption, not mine. Then again, I am not a collectivist.
The Federal government was chartered to ensure liberty, defend the union
against aggression, and make sure the several states did not foulup
interstate commerce (that and run the postal system). It need do nothing
more that this today for the nation to remain quite healthy. Everything
else can be done by the states severally, or possibly in voluntary
coordination with one another. There is no need for a $3T Federal government
except to keep a good many incompetents employed and for the malignant
political ooze to slither its way to the top.

> government intrusion and power under Bush, which didn't have to be. Now we

Bush was a statist. He had some virtues but being a strict
Constitutional originalist wasn't one of them.

> have a real problem and the only way to fix it is for the government
> (central) to do it. Out of necessity, and for a temporary time, the Obama

Utter nonsense. This argument of necessity is trotted out every time
the statists want to expand the power of government. Our Dear Leader
of the moment does so breathlessly on a moment-by-moment basis.

> administration is going to have to do things it wouldn't ordinarily do. The
> same was true with FDR. Exigent circumstances have made a situation where

They are going to do them for the same reason FDR did - to aggregate
personal power, diminish the liberty of the individual, and tighten
the iron fist of the government on the people.

> the central government has to intervene in areas it would rather not be
> involved in. Once the crisis has passed Obama's government will shrink and
> will be less intrusive than Bush's was. Regardless, because of the evolution

You are living in a fantasy world. There is no significant recorded example
of political vomitus like Obama having achieved power ever stepping away
from it.

> of the nation and the modern world the government has to be a lot bigger
> than what people thought in 1776. But despite the changes in thinking from

Bigger in absolute size because of the size of the nation, but not bigger
in absolute scope. The military today of necessity has to be larger than
the one in 1776, but that doesn't mean we now need the DEA, EPA, an Education
department, and all the rest of the Federal stupidities currently in place.

> then until now what you don't get is that while you may want a minimalist
> government most of America does not. They want Soc. Sec., they want
> Medicare, they want national health care, they want a clean environment,

Yes, yes, a whopping 53% of the electorate (and declining) decided to
vote for personal irresponsibility, lack of integrity, mooching, whining,
and trying to get others to pay their debts. This too has no good ending
as we shall all witness soon enough. Immoral acts do not get sanitized
merely because they were voted into place. And immoral acts always have
unhappy endings.

> they want a large national defense. So the reason our government is so big

And defense is one of the very few things specifically enumerated to the
Federal government as its responsibility.

> is because that is what Americans have demanded even though there are those
> like you that don't want those things. Like it or not that's the way it is
> and that's the way it's going to stay. Like the saying goes, "we're not in
> Kansas anymore, Toto".

Oh dear, you're dunking in the collectivist goo seems most complete.
"If the mob wants it, it must be right." I'd point out that every
act of evil in history started out with either "For the good the people"
or "Because the people demand it." Enjoy your collectivist outcomes -
I shall not be here to see them. Those of you who will be are headed
for slavery...

> Hawke
>
>


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Han on 14/06/2009 2:27 PM

16/06/2009 5:17 PM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Gunner Asch wrote:
>>> On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
>>> wrote:
>>>
>>>>> everything it could to do just what he's recommending and the result
> is that
>>>>> this country is a disaster scene. It makes me wonder how could he be
>>>>> recommending this shit when it was just tried and it failed so
> completely.
>>>>> It just goes to show you that no matter how good one is at math that
> doesn't
>>>>> mean you know shit about anything else. Which he just proved. Keep
> sending
>>>>> your troops over open ground to face machine gun fire Tim. Just
> because it
>>>>> failed over and over doesn't mean you shouldn't keep doing it. That's
> right
>>>>> wing thinking at its best.
>>>>>
>>>>> Hawke
>>>>>
>>>>>
>>>> <It is not necessary to become angry to the point of spitting when
>>>> disagreeing with people. Disagreeing agreeably is called "being an
> adult".>
>>>> 1) I'm an not now, nor have I ever been right wing.
>>>> 2) The problems you describe were not caused by markets or a lack of
> regulation.
>>>> They were caused by a *lack* of markets (like bailing out badly run
>>>> companies", too *much* government interference in the business
>>>> cycle, and grotesque amounts of government deficit spending for
>>>> over 60 years.
>>>> 3) Markets and small government are not discredited ideas. They are
>>>> misunderstood ideas.
>>>> 4) Personal attacks demonstrate you have no real argument.
>>>
>>> Your not half bad for a self admitted Liberal. Well done.
>>> Gunner
>> This may come as a shock to you and others who see the world as only
>> having two choices: I'm no liberal either. Both liberals and
>> conservatives want to tell everyone else what to do. I don't.
>> I want to remain free - free of liberals frothing about how
>> I ought to "serve the community" or some other stupid nonsense,
>> but also free of conservatives deciding what constitutes moral
>> behavior. Both are at odds with the ideas that founded this nation.
>>
>> The conservatives are the party of terrible ideas. The liberals are
>> the party of evil and dangerous ideas.
>
>
> Whatever your political persuasion is you need to start worrying when Gummer
> starts praising you. He's a certifiable nut and far out right winger. So if
> he likes what you are saying you need to do some serious thinking about what
> you said.
>
> And you got the first part right in your last statement but you're pretty
> far off base about liberals. You do know that you are living in what's known
> as a "liberal" democracy don't you? And you do know that the founding
> fathers you seem to have some respect for were definitely liberals. So I
> guess you don't think much of their "liberal" ideas, which of course, were
> what this country was founded on.
>
> Hawke
>
>

You need to explore the roots of the word "liberal". The people who
thus self identify today would have been almost 100% in opposition
to the views of our founding fathers: Limited government via Federalism,
strong independent States' Rights, the doctrine of Enumerated Rights ...
all of these and more are regularly violated by today's so-called
"liberals". In reality, almost all liberals today, and a good many
conservatives are actually "statists" that wish to undo the limits
of Federalism.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Han on 14/06/2009 2:27 PM

16/06/2009 1:52 PM

Gunner Asch wrote:
> On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
> wrote:
>
>>> everything it could to do just what he's recommending and the result is that
>>> this country is a disaster scene. It makes me wonder how could he be
>>> recommending this shit when it was just tried and it failed so completely.
>>> It just goes to show you that no matter how good one is at math that doesn't
>>> mean you know shit about anything else. Which he just proved. Keep sending
>>> your troops over open ground to face machine gun fire Tim. Just because it
>>> failed over and over doesn't mean you shouldn't keep doing it. That's right
>>> wing thinking at its best.
>>>
>>> Hawke
>>>
>>>
>> <It is not necessary to become angry to the point of spitting when
>> disagreeing with people. Disagreeing agreeably is called "being an adult".>
>>
>> 1) I'm an not now, nor have I ever been right wing.
>> 2) The problems you describe were not caused by markets or a lack of regulation.
>> They were caused by a *lack* of markets (like bailing out badly run
>> companies", too *much* government interference in the business
>> cycle, and grotesque amounts of government deficit spending for
>> over 60 years.
>> 3) Markets and small government are not discredited ideas. They are
>> misunderstood ideas.
>> 4) Personal attacks demonstrate you have no real argument.
>
>
> Your not half bad for a self admitted Liberal. Well done.
> Gunner

This may come as a shock to you and others who see the world as only
having two choices: I'm no liberal either. Both liberals and
conservatives want to tell everyone else what to do. I don't.
I want to remain free - free of liberals frothing about how
I ought to "serve the community" or some other stupid nonsense,
but also free of conservatives deciding what constitutes moral
behavior. Both are at odds with the ideas that founded this nation.

The conservatives are the party of terrible ideas. The liberals are
the party of evil and dangerous ideas.



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

GA

Gunner Asch

in reply to Han on 14/06/2009 2:27 PM

16/06/2009 11:08 AM

On Tue, 16 Jun 2009 10:41:23 -0500, Tim Daneliuk <[email protected]>
wrote:

>> everything it could to do just what he's recommending and the result is that
>> this country is a disaster scene. It makes me wonder how could he be
>> recommending this shit when it was just tried and it failed so completely.
>> It just goes to show you that no matter how good one is at math that doesn't
>> mean you know shit about anything else. Which he just proved. Keep sending
>> your troops over open ground to face machine gun fire Tim. Just because it
>> failed over and over doesn't mean you shouldn't keep doing it. That's right
>> wing thinking at its best.
>>
>> Hawke
>>
>>
>
><It is not necessary to become angry to the point of spitting when
> disagreeing with people. Disagreeing agreeably is called "being an adult".>
>
>1) I'm an not now, nor have I ever been right wing.
>2) The problems you describe were not caused by markets or a lack of regulation.
> They were caused by a *lack* of markets (like bailing out badly run
> companies", too *much* government interference in the business
> cycle, and grotesque amounts of government deficit spending for
> over 60 years.
>3) Markets and small government are not discredited ideas. They are
> misunderstood ideas.
>4) Personal attacks demonstrate you have no real argument.


Your not half bad for a self admitted Liberal. Well done.
Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 3:32 PM

"J. Clarke" <[email protected]> wrote in
news:[email protected]:

> Han wrote:
>> "John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
>> news:[email protected]:
>>
>>>
>>> "Han" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> "[email protected]" <[email protected]> wrote in
>>>> news:[email protected]
>>>> om
>>>>>
>>>>
>>>>> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>>>>>
>>>>>> What's irritating is that no matter how many times you show these
>>>>>> numbers
>>>>> to
>>>>>> right wing guys it just doesn't sink in
>>>>>>
>>>>>> Hawke
>>>>>
>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>> problem is while it is easy to come up with those numbers, it is a
>>>>> lot harder to know why. Correlation does not mean cause and
>>>>> effect.
>>>>>
>>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>>> to eliminate all procedures which will only prolong someones life
>>>>> by six months and also eliminate all procedures that do not have a
>>>>> proven success record. If we had done this say thirty years ago,
>>>>> we would not have any heart transplants , artificial heart valves,
>>>>> etc.
>>>>>
>>>>> Dan
>>>>
>>>> Until you have been involved in the decision whether to treat a
>>>> loved one aggressively to prolong life or let go ("let nature take
>>>> its course"), you don't know what you are talking about.
>>>
>>> It isn't a question of treatment or not. The question is payment.
>>> There isn't any reason a person shouldn't be able to buy insurance
>>> to cover anything they need.
>>> Their needs, and the needs of their families for emotional
>>> placation, are not the needs of society.
>>>
>>> JC
>>
>> If you think payment is the question, not treatment, then I have to
>> ask payment for what? The cost of (let's say) a liver transplant for
>> a patient who is going to die soon, whether or not the transplant
>> occurs, is WAY more than the cost of palliative treatment. I have to
>> ask what we are insuring against. A basic low(er) level of treatment
>> costs, or the costs of treating everything. IMNSHO, a asic level of
>> insurance (however defined) should be compulsory (yes, that bad word,
>> and whether the employee or the employer pays is ultimately only
>> semantics). On top of that a person should be allowed to insure
>> against the costs of more complex events/procedures. Freedom of
>> personal choice, etc., etc.
>>
>> Society needs some kind of insurance, and the current system is
>> dysfunctional.
>
> Government in the medical business is a permanent solution to a
> temporary problem. When I was a kid, when you got sick you went to
> the doctor and he did what he could and it didn't cost much. Now he
> can do a lot more but it's all cutting edge and the costs are
> horrendous. A hundred years from now when the technologies have
> matured and an NMR scanner is a child's plaything that you get at Toys
> R Us for 50 bucks it's going to be back to where most people can pay
> for most medical issues out of pocket without it hurting particularly.
>
> But if we get government involved now then government will still be
> involved then.

The real problem now, and for the foreseeable future, is that the
healthcare system makes out of pocket payment unaffordable. Whether or
not this is a free enterprise system or not, and if so, whether it is
subject to market forces (doesn't seem to), the reality is that almost
any procedure or medication costs far more when paid for directly out of
pocket than via reasonably priced insurance, such as group employer-
sponsored programs. Here in New York, hospital costs include an 8% (I
think) surcharge to pay for indigent compassionate care. Is that fair?
Therefore, I maintain (I recognize there is opposition) that there should
be compulsory insurance for everyone at some basic level. Yes, it might
be called a tax. But it does not have to cost as much as it costs now to
submit and resubmit claims and counterclaims. That only makes for a
bloated bureaucracy.

--
Best regards
Han
email address is invalid

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 5:17 PM

"J. Clarke" <[email protected]> wrote in
news:[email protected]:

> You and Obama and your "compulsory insurance".

It's there now too. As I mentioned, I (actually my insurance company)
have to pay 8% extra over the cost of whatever the hospital charges to
pay for the indigent (for lack of a better word). That is already
compulsory.

> So now you are putting
> people who are already having to choose between paying the rent and
> buying food in the position of having to pay for insurance or be
> punished by the government.

You're twisting my words. I thought you were in favor of everyone paying
his fair share. I think this system will simplify things. Like I am NOT
in favor of the frigging homeowner rebates here in NJ, where another
layer of bureaucracy increases overall taxation.

> Sorry, but you and Obama are really out
> of touch with the notion of "poor".

Probably, since I have never really been close to that. But I am proud
that I have earned my and my family's keep while being compassionate.

> And how will "compulsory insurance" change the way that the insurance
> companies work?

Simple. Simplify the whole process. Set the rates the same for
everyone, and eliminate bureacracy.

--
Best regards
Han
email address is invalid

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 5:20 PM

"HeyBub" <[email protected]> wrote in
news:[email protected]:

> Han wrote:
>>
>> Society needs some kind of insurance, and the current system is
>> dysfunctional.
>
> Dysfunctional? 300 million (out of 340 million) have insurance. Of
> those, 80% or so are satisfied. Hardly dysfunctional.
>
> Folks are screeching about 40 million of our population are uninsured!
> Of these, 14 million are illegal aliens, about 8 million are between
> employer-provided insurance, a few million are eligible for Medicaid
> and will get it as soon as they apply in the emergency room, many are
> young, healthy, cash-strapped people who choose not to have insurance,
> plus a few lesser categories.
>
> After doing all the arithmetic, we find there are exactly eight people
> in the whole country without insurance who need it.
>
> As a result, there are those who would chance screwing up the system
> for 339,999,992 people so these eight would not be inconvenienced.
>
> Bah!

So I have to pay an 8% surcharge on hy hospitalization costs so that 8
people in the US can get care? Hey, bud, you should check your
arithmetic. And if you are between jobs with the full benefits you're
used to, you suddenly have to pay $1300/mo for a family of 2 to keep your
insurance?


--
Best regards
Han
email address is invalid

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 11:31 PM

"Hawke" <[email protected]> wrote in
news:[email protected]:

> So would you rather have the government be involved in health care or
> just leave it in the hands of people like used car salesmen? There are
> private alternatives that are worse than the government. How about
> having Bernie Madoff handling your health care or the management of
> AIG? Think they would be better than the government? I don't. The
> greed of businessmen is what makes them unacceptable for making
> decisions on people's health care. You need people that aren't going
> to profit from your health problems making the decisions. Hopefully,
> medical professionals without a financial interest would decide what
> you need.
>
> Hawke
>
That is a refreshing point of view, and I would love to 100% support it.
However, hospitals and doctors need to be profitable, at least to the
extent they aren't losing money. To find the right balance between
reasonably profitable and not losing money is the problem, both from the
doctors' point of view and the patients'.


--
Best regards
Han
email address is invalid

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 10:24 AM

"William Wixon" <[email protected]> wrote in
news:%[email protected]:

>
> "Han" <[email protected]> wrote in message
> news:[email protected]...
>
>> That is a refreshing point of view, and I would love to 100% support
>> it. However, hospitals and doctors need to be profitable, at least to
>> the extent they aren't losing money. To find the right balance
>> between reasonably profitable and not losing money is the problem,
>> both from the doctors' point of view and the patients'.
>>
>>
>> --
>> Best regards
>> Han
>
> i'm not an expert. i'm wondering why do hospitals need to be
> profitable? just had a thought, when the government builds a road i
> don't think there's any expectation it's going to turn a profit, it
> surely profits us all, and it enables businesses to profit, but
> (non-toll, and probably a good many toll) roads, i don't think, earn a
> profit. infrastructure. can't the health of citizens, by some
> stretch of the imagination, be considered "infrastructure"? or toward
> some common good?
>
> b.w.

Hospitals need to run not at a loss. A small profit would be good so
they can invest in new facilities and equipment. I would be against
running a hospital as a milk cow.


--
Best regards
Han
email address is invalid

Hn

Han

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:43 AM

jo4hn <[email protected]> wrote in
news:[email protected]:

> How about a non-profit organization. Take a close look at Kaiser
> Permanente. DAGS. Here's a place to start
> https://www.kaiserpermanente.org/. I've been a satisfied customer for
> 40 years. The company sees patients/consumers as their customers rather
> than the stockholders.

Kaiser is indeed a good example, at least in their ideals. That is indeed
the form to emulate. They need to make money enough to take care of
everything they insure etc., and pay their doctors etc a good living wage.

--
Best regards
Han
email address is invalid

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 1:58 AM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
>>
>> None of this sort of analysis has any real value. What does is the
>> beliefs of Tim Geithner and Ben Bernanke.
>> Those two fellows believe the problem, or one of them, was that to
>> little was done and not to nuch.
>> Another, was letting of the gas and raising taxes stalled the economy
>> in 1937 and that, finally, inflation is a problem we really can deal
>> with while deflation is self reinforcing but that deflation isn't and
>> Paul Volker proved out the mechanics of wringing it out of an
>> econoomy decades ago.
>>
>
> "We can deal with inflation?" You bet.

It isn't a bet, it's an excercise in monetary policy.

>
> During the Carter years I purchased a CD paying 10%. I cashed it in a year
> later, and got my 10% premium. Inflation for the year was 13%.

OK, poor judgement.

>
> Then I had to pay taxes on my 10% gain.

Would have been a lot tougher to pay that tax premium if your income had
been cut in half.

JC

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:17 AM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Doug Winterburn" <[email protected]> wrote in message
>
> <snip>
>
>>>>>
>>>> I guess it's old math - the meaning of surplus, deficit and their effect
>>>> on debt. If you have a deficit (expenses exceed revenue), your debt
>>>> goes up because you had to borrow the difference. If you have a surplus
>>>> (income exceeds expenses), your debt goes down because you use the
>>>> difference to pay some/all of your debt. At least that's the way it
>>>> works in my house.
>>> Equating a household's finances with the finances of our federal
>>> government
>>> is the source of a great deal of confusion. In our case, most of the
>>> confusion is the result of having intragovernmental accounts, which don't
>>> work like a household at all. SS is a pay-as-you-go program, as it always
>>> has been, but we've larded it with this bit of accounting since the
>>> mid-'80s, in which we issue special bonds in exchange for surplus SS
>>> revenue. Meanwhile, we're taking in the revenue, which is counted as
>>> current
>>> revenue, and we're making SS payments, which is counted as current
>>> expenses.
>>> The fact that we might have to pay a shortfall out of future general
>>> revenues will look good on paper -- we'll be retiring some of those SS
>>> bonds
>>> when we do it -- but it isn't going to change the fact that we have to
>>> pay
>>> them out of current revenues. Both ways, the "bonds" create a fictional
>>> idea
>>> of what is happening, because, again, there is no way to store those
>>> surpluses.
>> Sure there is - invest in non government instruments. But that would
>> mean the dreaded privatization word would enter the picture.
>
> Uh, would you rather have had GM Preferred or would you just go for
> California state bonds? <ggg!>
>
> There are many problems with that. For one thing, you'd have the federal
> government locked into a positive feedback loop with the state of the stock
> or bond markets. For another, you'd have the government having to protect
> its own investments -- tempting preferential treatment.
>
> Or you could just invest it in a S&P index fund which would reduce the
> preferential treatment issue. Let's see, how much money did they lose over
> the past year?....

It sure did better than what happens now - all the surplus is spent and
the only way to recoup is to tax folks again for the same purpose.

>
> Ain't no way. Nohow.
>
>>> The two problems with that are, first, that the bonds don't represent any
>>> additional debt. The future obligations are the result of a statutory
>>> program. The bonds help clean up the accounting. But there is no more or
>>> less "debt" owed for future SS obligations than there was before we used
>>> the
>>> bond gizmo to account for it. In that sense, there is no parallel to a
>>> household. We don't replace statutory obligations with I.O.U.s at home.
>>> If
>>> we tried it with our taxes, for example, we could find that the
>>> government
>>> takes a very dim view of it. <g>
>>>
>>> The second problem is that, from an accounting point of view, this has
>>> the
>>> unfortunate effect of adding the value of the "bonds" to our total
>>> debt --
>>> even though our system works entirely on currect accounts, and there is
>>> no
>>> real way to offset the debt represented by those bonds. This is totally
>>> unlike a household, where you could put the cash in a savings account or
>>> invest it in something. So the debt goes up, even when nothing really
>>> changed, either in terms of current revenues and expenses, nor in our
>>> future
>>> obligations.
>>>
>>> If you keep all the pieces in mind, the use of bonds in a "Trust Fund" is
>>> a
>>> useful accounting device and helps keep track of where SS stands. But
>>> when
>>> you're looking at the "national debt," and use total debt as the value
>>> for
>>> it, it just keeps adding something that isn't really there.
>>>
>>> In accounting terms, it will come out in the wash when we retire the
>>> bonds -- if we ever do. But that may be decades away. Meantime, they
>>> screw
>>> up the impression many people have of what is happening. Many think the
>>> cash
>>> is going into a pot somewhere. When you ask them what the Treasury is
>>> supposed to do with that revenue, most of them give you a blank stare.
>>> <g>
>> The question shouldn't be what the Treasury shhould do with the excess
>> revenue - it should be what the SS administration should do with them.
>
> I'm surprised that you'd trust them to invest your retirement money.

Actually, I don't. That's why I invested 10% of my gross in public
instruments so I now have a real retirement fund that is paying out much
better than SS.

> Actually, they've already invested in what is considered by investors around
> the world to be the world's most secure investment: US Treasury bonds.
>
>>>> In the governments case, it doesn't really matter who they owe money to
>>>> - China or the SS trust fund or a savings bond holder. When a bond
>>>> holder redeems a bond, the taxpayer is the source of the money.
>>> Right. But when you hold the bond, as the federal government does, and
>>> you're the payer of the bond, as the federal government is...it gets a
>>> little strange. Internal accounting is a useful thing. Just don't mix it
>>> up
>>> with money we owe to someone else.
>> It may well be converted to money we owe someone else. The Treasury may
>> have to issue public bonds to raise the cash to pay the SS
>> administration. Kind of like paying off your Mastercard with your VISA
>> card.
>
> Possibly. Let's hope that SS is reformed enough by then that it won't have
> to be funded (for long periods, anyway) with debt.

It already is.

>
> --
> Ed Huntress
>
>

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 7:41 AM

Robatoy wrote:
> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>
>>
>> And if you can blame Bush for what happened during the last 100 days
>> of his administration, then you've got no complaint when criticism
>> is leveled at the first 100 days of Obama's.
>
> That, of course, is a crock of shit.
> Bush had the best part of 7 years to take a run at his last 100 days,
> as opposed to Obama who got the aftershocks AND he started from
> scratch.
> To compare both is ludicrous.
> I can't believe you made that comparison.
>

Heh! I didn't make the comparison (in fact I don't think there IS one). I
merely said that economic growth under Bush was pretty good until the last
quarter of 2008. Now if someone wants to measure the entire Bush
administration by his last 100 or so days - ignoring all other
considerations - then the first 100 days of the Obama administration should
viewed with the same template.

The better measure is after the entire run of the Obama administration; then
one can compare apples and apples (instead of bites and bites). Right now,
it's not looking good for Obama. I would be amazed if, at the end of four or
eight years, the economy even gets back to where it was when he took
command.

But, things change. Just today, a survey reports that voters trust
Republicans more than Democrats on economic issues (45% to 39%). This is
because of a big drop in Democratic approval (from 45% to 39%) rather than a
huge gain by Republicans.
http://www.rasmussenreports.com/public_content/politics/mood_of_america/trust_on_issues/trust_on_issues

And there are still some adults in positions of responsibility. Ruth Bader
Ginsburg(!) just ordered a stay in the sale of Chrysler to Fiat to keep 1st
priority bond holders from being forced to take 23¢ on the dollar.

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:59 PM

Ed Huntress wrote:
>
>>>>>
>>>> Noboby has paid down any debt since Ike.
>>> Wrong. You're probably reading the right-wing crank-crap that includes
>>> future Social Security obligations (in the form of non-negotiable special
>>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>>> stupid, and wrong again. Even the Bush administration admitted that the
>>> national debt had been reduced -- just a bit -- under Clinton.
>>>
>>> --
>>> Ed Huntress
>>>
>>>
>> Debt is debt. When it comes time to pay off the bond holders, it
>> matters not who they are, there is no distinction in method when the
>> government has to raise the cash.
>
> This is complete horseshit. Tell us, Doug, what is the addition to taxpayer
> obligations represented by, say, $1 billion in special Treasury notes
> "bought" by the Social Security "Trust Fund"? In other words, in addition to
> the statutory obligation, how much additional money do we owe?

None, assuming we would tax future generations without the "trust fund"
obligation.

>
> Say we "borrow" from the Trust Fund. How much does that add to future
> obligations? Hmmm?

Exactly the amount we borrowed plus interest.

>
> And if you're going to do that, why don't you add in all the future
> statutory obligations for veteran's benefits, federal employees' pensions,
> and Medicare? You ought to be able to add another, oh, maybe $30 trillion,
> at least, to the current "debt" figure, depending upon how far forward you
> want to project future debt and treat it as a current obligation.

$30 trillion is way low. Unfunded obligations.

>
> Answer those questions accurately, and you'll see what crap they've been
> feeding you.

Why is it "crap" to worry about future generations and the financial
obligations we are passing on to them by borrowing against their future
and spending on ourselves?

It has been estimated (before this latest spending binge) that the
recipients of our largess to ourselves would put them in the 85% total
tax bracket. I'm sure they will thank us.
>
> Here's the funny part of all this: For a couple of decades, the righties
> were pushing for a "unified" budget so they could pump up the total tax
> figure to upset the ignoranti. Now they want to separate the accounting, so
> they can treat a special Treasury bond as a current deficit item. They want
> it both ways -- as usual.

So, you think borrowing from a subsidary and calling the debt in that
subsidary as an asset is OK? Ken Ley is vindicated!

>
> You're barking up the wrong tree, Doug. We've been over this on RCM three or
> four times.

The only thing the 150 or so "trust funds" accomplish is to hide $3-4
hundred billion in annual deficit spending. You said it yourself (in
your first paragraph above), someone will have to pay up either way. As
far as a "unified budget", it would be nice to know the real numbers on
an annual basis.

Debt is still debt and when the note holders come a knocking, the
options to the debtor are the same.

I replied to this thread when you claimed that Clinton had "paid down
the debt". The fact is the Federal Government has spent more than it
has taken in for the last 50 years or so, and has had to borrow the
difference, thus _increasing_ the debt. If you would like to dispute
the governments own figures, be my guest.

>
> --
> Ed Huntress
>
>
>

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 2:07 PM

On Jun 6, 2:27=A0pm, "Lew Hodgett" <[email protected]> wrote:
> "Joseph Gwinn" wrote:
> > The basic storyline was originally from or at least attributed to
> > George
> > Bernard Shaw, reportedly from a real encounter with a woman sitting
> > next
> > to him at a dinner party:
>
> There is also a version that attributes the story to Disreali and the
> Queen.
>
> Lew

My favourite Disraeli:

Mr Disraeli, you will probably die by the hangman's noose or of a vile
disease.
- Gladstone
Sir, that depends upon whether I embrace your principles or your
mistress.
- Disraeli.

SW

Stuart Wheaton

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 10:10 PM

HeyBub wrote:
> Stuart Wheaton wrote:
>>> Our incompetent President
>> Hmmm.... Today the Dow is 600 points above where it was on the last
>> day of Bush.... And 200 points above where it was right after the
>> election...
>
> And 4,000 points below its high during the Bush years.
>
>> Gee, most of us are enjoying a tax cut, but if you are getting more
>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
>> "Joe the plumber" thing where you have no clue about income vs
>> taxable income?
>
> Right. I saw one investor who managed to save $13,000 in taxes per DAY by
> the simple expedient of moving from New York to Florida.
> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
>
>> So, Bush's silly little war and Reagan's deficits are OK for you, but
>> buying better highways is the road to ruin?
>
> Yes. We already pay a highway tax - and right now the highway tax has a huge
> surplus. Blame the politicians for dipping into the highway kitty to provide
> psychological counseling for troubled pets.
>
>> What about the massive bill about to come due for Social Security? Are
>> you going to show me where you advocated paying higher taxes during
>> the Bush years so we could start to get ahead of the SS juggernaut?
>
> I can't; it didn't come up. You may recall that the first item on Bush's
> political agenda back in 2001 was reform of SS. Reform failed.

You thought that privatizing Social Security was reform? That explains
your first problem. Privatization was not reform, and in the immediate
future it would have made the system more unstable because the current
revenues would fall as contributions were siphoned off to Wall Street.

Privatization was an attempt to damage Social security beyond repair.

Reform of SS will require that benefits be decreased, indexed to assets,
and that contributions be increased, exempted wages reduced, and payouts
delayed. Furthermore, the U.S. Securities that George W called
"Worthless IOU's " Will need to be turned into cash through tax revenues
before they can be paid out.

Even though we had an intense capital need hanging over our heads, W
pushed for tax cuts and reducing the income to SS...

Where is the reform you spoke of?

>
>> Not better, but with somewhat less carnage. Recall, it was the market
>> that got us here, and then screamed for mommy when their lousy
>> decisions put the whole economy in peril.
>>
>> How do you feel about "too big to fail?"
>
> Personally? The bigger they are, the harder they fall, but fall they must.
>
>

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:45 PM


> >>>> Stuart Wheaton wrote:
> >>>>>> Our incompetent President
> >>>>> Hmmm.... Today the Dow is 600 points above where it was on the last
> >>>>> day of Bush.... And 200 points above where it was right after the
> >>>>> election...
> >>>> And 4,000 points below its high during the Bush years.
> >>>>
> >>>>> Gee, most of us are enjoying a tax cut, but if you are getting more
> >>>>> than 250K /yr and can't shield it, I feel no pity.... Or is this a
> >>>>> "Joe the plumber" thing where you have no clue about income vs
> >>>>> taxable income?
> >>>> Right. I saw one investor who managed to save $13,000 in taxes per
DAY
> >>>> by the simple expedient of moving from New York to Florida.
> >>>> http://www.buffalonews.com/cityregion/story/672153.html?imw=Y
> >>>>
> >>>>> So, Bush's silly little war and Reagan's deficits are OK for you,
but
> >>>>> buying better highways is the road to ruin?
> >>>> Yes. We already pay a highway tax - and right now the highway tax has
a
> >>>> huge surplus. Blame the politicians for dipping into the highway
kitty
> >>>> to provide psychological counseling for troubled pets.
> >>>>
> >>>>> What about the massive bill about to come due for Social Security?
Are
> >>>>> you going to show me where you advocated paying higher taxes during
> >>>>> the Bush years so we could start to get ahead of the SS juggernaut?
> >>>> I can't; it didn't come up. You may recall that the first item on
> >>>> Bush's political agenda back in 2001 was reform of SS. Reform failed.
> >>> You thought that privatizing Social Security was reform? That
explains
> >>> your first problem. Privatization was not reform, and in the
immediate
> >>> future it would have made the system more unstable because the current
> >>> revenues would fall as contributions were siphoned off to Wall Street.
> >>>
> >>> Privatization was an attempt to damage Social security beyond repair.
> >>>
> >>> Reform of SS will require that benefits be decreased, indexed to
assets,
> >>> and that contributions be increased, exempted wages reduced, and
payouts
> >>> delayed. Furthermore, the U.S. Securities that George W called
> >>> "Worthless IOU's " Will need to be turned into cash through tax
revenues
> >>> before they can be paid out.
> >>>
> >>> Even though we had an intense capital need hanging over our heads, W
> >>> pushed for tax cuts and reducing the income to SS...
> >>>
> >>> Where is the reform you spoke of?
> >>>
> >>>>> Not better, but with somewhat less carnage. Recall, it was the
market
> >>>>> that got us here, and then screamed for mommy when their lousy
> >>>>> decisions put the whole economy in peril.
> >>>>>
> >>>>> How do you feel about "too big to fail?"
> >>>> Personally? The bigger they are, the harder they fall, but fall they
> >>>> must.
> >>
> >> Even FDR said that part of SS had to be private. It could not all be
> >> government.
> >
> >
> > I believe he said that the responsibility for retirement had to be
shared,
> > that SS was a minimum, safety net to ensure nobody retired into abject
> > poverty, and to encourage older worker TO retire and clear the
employment
> > roles for younger workers. This was part of the solution to
unemployment,
> > paying older workers to go home and relax.
>
> Was originally the Widows and Children's act. Was to prevent starvation
and
> deprivation for surviors of a worker killed or injured or dies of natural
> causes leaving a spouse who was normally a homemaker. Was not the
National
> Retirement Act. I think the original tax was 1% of the first $1500 of
> wages. Until LBJ found out he could hide the huge deficit from the SEA
war
> and raised rates and payouts to get lots more money in to the general
fund.
> Until LBJ I paid 1% of the first $3300 and employer matched. $660 a year.
> Can not buy a great annuity with life insurance included for that can of
> money. LBJ left it to our children and grandchildren to pay for his
> spending. Those paying in now will not get back anywhere what they paid
it.
> I paid in $190k and employers matched that amount over my employment
years.
> I get back $15k a year. Means the government has taken a huge share of my
> payments and not invested the "Trust Fund" in interest paying securities.
I
> will have to life to 100 to come close to the amount paid in. Put that
kind
> of money into an annuity, and the payouts would exponentially higher.


But you are presupposing that there is no risk of default. I think you may
have noticed recently that while private firms may pay higher rates than the
government does you have a risk of loss that is much higher as well. Had you
put that money in an annuity and the company backing it folded you would be
wishing you had a government run plan that would at least pay you something.
All the people that invested with Bernie Madoff have now recognized the risk
in the free market. You want risk and more money or do you want to be sure
you are not going to lose it all? Of course, you can bellyache that the
government doesn't pay enough and the free market is too risky. That way you
get to complain no matter what happens.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:24 AM

J. Clarke wrote:
> Michael A. Terrell wrote:
>> "J. Clarke" wrote:
>>>
>>> Liberals are just as intolerant as conservatives, what's different
>>> is the things they find intolerable.
>>
>>
>> Especially the ability to think for yourself.
>
> Uh, both sides are intolerable of such and have their shining lights
> of idiocy.

I refer you to Jane's Law: The party in power is arrogant, the party out of
power is insane.

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 8:20 PM


"Too_Many_Tools" <[email protected]> wrote in message
news:f7f43a62-00f0-4b38-9201-c533c20c003f@s16g2000vbp.googlegroups.com...
On Jun 10, 4:01 pm, "Calif Bill" <[email protected]> wrote:
> "Ed Huntress" <[email protected]> wrote in message
>
> news:[email protected]...
>
> >> But lots of real economists think that the deficit spending and jobs
> >>programs were not effective in ending the Depression.
>
> > Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>
> > --
> > Ed Huntress
>
> Easy to see that the deficit spending and WPA was not helping end the
> depression. The War ended the depression. During the Depression, FDR
> managed to lower the unemployment rate to at most 20% from a high of 24%.
> The War took 2 million people into the Military and the rest of the people
> were manufacturing stuff for the 2 million in uniform. A war these days
> will not cure the depression. We have closed most smokestack manufacturing
> in this country, and even if we could open up "smokestack manufacturing"
> now, there are not enough skilled workers to staff the plants. We have a
> very illiterate population these days. Some regions have a 50%+ dropout
> rate before finishing high school. Maybe if we brought back shop classes,
> the kids would stay in school as they could see something they could do in
> the future. Maybe 20% of the population should go to college. Those that
> are both smart enough and motivated enough to do the work. We have raised
> wages astronomically pricing us out of a lot of the manufacturing jobs.
> $70
> an hour with benefits to put lug nuts on a car. less than 30 years ago,
> $23k was a mid level engineering salary. Due to inflation because of
> government overspending and capitulation to "Public Service" unions,
> salaries are skewed way high here. 40 years ago we could compete due to
> better productivity and lower shipping costs for "Made in America". We
> made
> maybe 3x what a worker in another country made. Not the 10-20x now. When I
> designed disk drives in the 1980's, the fully bundled labor cost for
> making
> Head Stack Assemblies in Malaysia was $3.50 an hour. Most of the assembly
> was robotic, but to do the same job here was at a minimum $35 an hour. 10x
> the cost in Asia. I do not have a cure for the problems, but we are going
> to have to stop considering a "Living Wage" for everyone. Get some skills
> if you want higher pay! When a BART (transit) train driver makes $80k
> salary + benefits extra a year to sit and look out the window to see if
> anybody is stuck in the doors before the transit train moves, and if the
> train control fails, use the manual throttle to go at 25 mph max to the
> next
> station. We are overpaying. And with a Congress and Executive branch hell
> bent on bankrupting the country by spending like a drunk machinist out on
> the town, I do not see a lot of good in the future for us. While companies
> are laying off people and taking salary cuts out "leaders" are taking pay
> raises and giving an average of 17% bonus to staff members. Fannie May and
> Freddie Mac, who are a major cause of the housing bust and are billions in
> the hole have given out some $51 million plus in bonus money. People in
> leadership positions in government and quasi government business should be
> getting pink slips not bonus checks!

Deficit spending and the WPA kept millions of people from starving.

I think that is accomplishing something.

Go hungry for a week and get back to us with your changed attitude.

As for excessive spending...where were you when Bush spent a TRILLION
dollars on a war that had no Iraq - 9/11 connection.

TMT

First where did bush equate Iraq and 9/11? Second, Bush did not spend a
Trillion bucks on the Iraq war. About $800 Billion on both Iraq and
Afghanistan. We are already in a downward spiral from overspending by the
Federal Government, so you now support a $1.6 Trillion overspend in the
first 6 months of the new Presidents administration. With another 6
Trillion of overspending in the next 3 years? How are we going to compete
when our wages have to be 50 times the average of supplier countries so we
can afford to eat? How are we going to support any business when the
government is taking all available credit money? Get over it! Bush is past
history. The present Chief is making Bush look like a fiscal conservative,
and that is hard to do. How are you going to feed your family when the
Recession morphs in to a full blown depression because of Federal policies?
We have not had a real balanced budget is at least 60 years. Clinton
claimed a balanced Budget, but that was because the Dot.com boom increased
revenues for a couple years and the Feds were not equipped to spend it all.
They tried. You think credit is tight now. Wait a year. Already interest
rates are starting to escalate. Up about 1/2 point on the last 10 yr
treasury auction. Who is going to buy those T-bills when we are looking at
Carter inflation rates?

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 10:29 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>>>>>>>> What's irritating is that no matter how many times you show these
>>>>>>>>> numbers
>>>>>>>> to
>>>>>>>>> right wing guys it just doesn't sink in
>>>>>>>>>
>>>>>>>>> Hawke
>>>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>>>> problem is while it is easy to come up with those numbers, it is a
>>>>>>>> lot harder to know why. Correlation does not mean cause and
>>>>>>>> effect.
>>>>>>>>
>>>>>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>>>>>> to eliminate all procedures which will only prolong someones life
>>>>>>>> by six months and also eliminate all procedures that do not have a
>>>>>>>> proven success record. If we had done this say thirty years ago,
>>>>>>>> we would not have any heart transplants , artificial heart valves,
>>>>>>>> etc.
>>>>>>>>
>>>>>>>> Dan
>>>>>>> Until you have been involved in the decision whether to treat a
>>>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>>>> its course"), you don't know what you are talking about.
>>>>>> It isn't a question of treatment or not. The question is payment.
>>>>>> There isn't any reason a person shouldn't be able to buy insurance to
>>>>>> cover anything they need.
>>>>>> Their needs, and the needs of their families for emotional placation,
>>>>>> are not the needs of society.
>>>>>>
>>>>>> JC
>>>>> If you think payment is the question, not treatment, then I have to
>>>>> ask payment for what? The cost of (let's say) a liver transplant for
>>>>> a patient who is going to die soon, whether or not the transplant
>>>>> occurs, is WAY more than the cost of palliative treatment. I have to
>>>>> ask what we are insuring against. A basic low(er) level of treatment
>>>>> costs, or the costs of treating everything. IMNSHO, a asic level of
>>>>> insurance (however defined) should be compulsory (yes, that bad word,
>>>>> and whether the employee or the employer pays is ultimately only
>>>>> semantics). On top of that a person should be allowed to insure
>>>>> against the costs of more complex events/procedures. Freedom of
>>>>> personal choice, etc., etc.
>>>>>
>>>>> Society needs some kind of insurance, and the current system is
>>>>> dysfunctional.
>>>> Government in the medical business is a permanent solution to a
> temporary
>>>> problem. When I was a kid, when you got sick you went to the doctor
> and
>>> he
>>>> did what he could and it didn't cost much. Now he can do a lot more
> but
>>>> it's all cutting edge and the costs are horrendous. A hundred years
> from
>>>> now when the technologies have matured and an NMR scanner is a child's
>>>> plaything that you get at Toys R Us for 50 bucks it's going to be back
> to
>>>> where most people can pay for most medical issues out of pocket without
> it
>>>> hurting particularly.
>>>>
>>>> But if we get government involved now then government will still be
>>> involved
>>>> then.
>>>
>>> So would you rather have the government be involved in health care or
> just
>>> leave it in the hands of people like used car salesmen? There are
> private
>>> alternatives that are worse than the government. How about having Bernie
>>> Madoff handling your health care or the management of AIG? Think they
> would
>>> be better than the government? I don't. The greed of businessmen is what
>> False dichtomy and strawman. These are not the only choices.
>>
>>> makes them unacceptable for making decisions on people's health care.
> You
>>> need people that aren't going to profit from your health problems making
> the
>>> decisions. Hopefully, medical professionals without a financial interest
>>> would decide what you need.
>>>
>>> Hawke
>>>
>>>
>> This is hands-down the low point of this thread. If no one made a
>> profit in healthcare there would be NO healthcare. Why should gifted
>> people become doctors, pharma reseachers, nurses, or pharmacists?
>> Without profit where is the incentive to risk $500M - $1B *per new
>> drug* on the research side of things. In short, there would be few or
>> no "medical professionals without a financial interest [to] decide
>> what you need" without the opportunity for profit.
>>
>> I'll take greedy business people over boneheaded collectivist ideology
>> any day of the week.
>
>
> Of course you would but that is because of your short sightedness and
> adherence to discredited right wing ideology, not because of the facts.
> Plenty of organizations and businesses are non profit and they operate just
> as efficiently and effectively as the for profit ones. But how can that be
> when only profits make a business work? Or maybe your set in stone beliefs
> are wrong.
>
> Hawke
>
>

Allow me to acquaint you with Reality. The "efficient" non profits do not
have the government's gun at their disposal (for the most part) to *make*
others pay for their services and/or to underwrite their cost of operations.
This is rather different than the DMV-like healthcare system you espouse.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:23 PM

On Jun 8, 3:07=A0pm, Tim Daneliuk <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 8, 9:16 am, Tim Daneliuk <[email protected]> wrote:
> >> Upscale wrote:
> >>> "Tim Daneliuk" <[email protected]> wrote in message
> >>>>> ...and made most of it disappear.
> >>>> So much unlike the nearly $4T Our Dear Leader at present a flushed i=
n
> >>>> less than 6 months.
> >>> And how *exactly* do you now it's flushed away. As usual, you make al=
l sorts
> >> Because it has been committed by our Dear Leader and thus must be spen=
t.
> >> Most of it is being spent on things that are not necessary and not
> >> permitted of the Federal government under the Constitution Of The US.
> >> Most of it is political pork our Dear Leader is using to pay off his
> >> political IOUs with Other People's Money.
>
> >>> of wild claims before any type of final result is in. If you had any =
iota of
> >>> common sense, you'd know that it takes years for final results to be
> >>> tallied.
> >> It will take far less than "years". =A0We will see raging inflation
> >> within less than a decade if the economists are even close to right.
>
> >>> Not so for Tim Daneliuk, your mind is made up now. You're just full o=
f all
> >> That's because my mind is made up by facts and analysis not from smoki=
ng
> >> Hopeium.
>
> >>> kinds of criticism about your current government, but the truth is th=
at
> >> The current government is full of fools and charlatans and is led by
> >> by a dangerous malignancy. =A0There are precious few patriots and thin=
kers
> >> in the current government.
>
> >>> people like you are the least able to judge it. You didn't vote for e=
ither
> >>> incumbent, you contributed nothing, gave nothing and whine all day ab=
out how
> >> There was only one incumbent and he was not eligible to run again, so
> >> you're right - neither I nor anyone else voted for him. =A0I also didn=
't
> >> vote for either candidate since cooperating with people that wish to
> >> terminate at least some (or all) of your freedoms is self destructive.
>
> >>> much it's going to cost you. The fact is that all you do is talk. And=
, that
> >> How much will it cost me, my children, my grandchildren, and possibly
> >> my great-grandchildren to pay off The Messiah's grandstanding? =A0How
> >> much will it cost the nation in prestige and future influence globally=
?
> >> How much freedom will be undermined and power instead passed to the
> >> government?
>
> >> I don't know what's going on, huh? =A0So far The Messiah has:
>
> >> 1) Stolen wealth from those that legitimately owned it.
> >> 2) Attacked, killed, or nationalized (same as killing) some of the ver=
y
> >> =A0 =A0largest institutions that produce *new* wealth.
> >> 3) Sold out our key ally in the Middle East and at the same time,
> >> =A0 =A0bowed his head to the evil dictators of the Middle East.
> >> 4) Openly supported the killing of children just weeks before birth.
> >> 5) Supported a system of political corruption nation wide that buys
> >> =A0 =A0votes with tax money in the form of pork projects. =A0He's done
> >> =A0 =A0this at a breathtaking scale never before seen.
> >> 6) Generally spent more money that doesn't actually exist in a shorter=
time
> >> =A0 =A0than any U.S. president before him.
> >> 7) Demanded public "sacrifice" while government lives like pigs.
>
> >>> talk is based on nothing more than lack of experience, lack of action=
and
> >>> lack of any kind of involvement.
> >> It's based on a desire to not be anyone's slave. I realize that a good
> >> many people like been well kept pets, but I'm not one of them.
>
> >>> You're a "nothing" Tim and that's the worst kind of citizen.
> >> I guess it's more honorable to be a citizen that wallows in being
> >> a ward of the state.
>
> >> --
> >> ----------------------------------------------------------------------=
------
> >> Tim Daneliuk =A0 =A0 [email protected]
> >> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/
>
> > So Tim...what's your plan?
>
> > How would you save the United States from the brink of The Great Bush
> > Depression we are standing at the edge of?
>
> > I'm listening.
>
> > TMT
>
> 1) It was not particularly a "Bush Depression". =A0A good many government=
s
> =A0 =A0before him conspired to make stupid decisions that led us to this =
place.
> =A0 =A0So did the dishonest, incompetent legislative fleabags like Frank,
> =A0 =A0Pelosi, Schumer, et al. =A0Let's also not forget the role of the i=
ndividual
> =A0 =A0Sheeple that decided to live way beyond their means. =A0Let also a=
lso
> =A0 =A0not forget that the Bush administration - warts and all - *repeate=
dly*
> =A0 =A0try to warn the Congress that Fannie/Freddie were on very shaky
> =A0 =A0ground only to be waved off by the polluted social justice groupie=
s
> =A0 =A0in he Congress (like Frank).
>
> 2) You don't "fix" economies. =A0You stay out of their way and let them "=
fix"
> =A0 =A0themselves via market mechanisms.
>
> 3) The government should have focused entirely on any question of fraud o=
r
> =A0 =A0outright illegality. =A0Among these would include the cozy relatio=
nships
> =A0 =A0between rating agencies and the people constructing the CDOs as we=
ll as
> =A0 =A0the outright illegal practice of naked short selling.
>
> The best thing to do here would have been more-or-less *nothing*. =A0We w=
ould have
> had a very deep recession, possibly even depression which - like all mark=
et
> cleansings - gets rid of driftwood and leaves healthier companies behind.
> This pain - and it would have been immense pain - is far preferable to th=
e
> death by a thousand paper cuts being inflicted by our Dear Leader by mean=
s
> of deficit spending, shadow and overt tax increases, inflationary monetar=
y
> policy, and picking and choosing marketplace winners.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

So why didn't Bush do NOTHING?

TMT

Pn

Phisherman

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 8:09 PM

On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
<[email protected]> wrote:

>There seems to be a stereotype that "liberals" are the lazy sorts of
>people who interrupt TV viewing only to go to soup lines, or smoke
>harmful substances, whereas "conservatives" are hard working, self
>reliant people who are very well off due to their own perseverance and
>work ethic.
>
>And yet, the few self proclaimed or suspected liberals and Obama
>supporters of this newsgroup, seem to be very well off, accomplished
>people, whereas many conservatives, while intelligent and interesting
>people on many levels, are not exactly above that kind of level of
>attainment.
>
>If that is the case, is that perhaps the time to reconsider our
>stereotypes?
>
>Curious Man


There are many degrees of conservatism and liberalism. It is easy to
stereotype incorrectly, though. Personally, I'm a mix of the two.

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:21 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>
> <snip>
>
>> <Butts In To Ask A Really Dumb Question>
>>
>> OK, here's what I don't understand. If SS is paid out of
>> current revenues - indeed *all* statutory entitlement
>> commitments are, if I understand your explanations - then
>> just *what* is responsible for our national debt? Debt
>> is only possible if we're spending more than we're collecting
>> as a nation. No amount of accounting gymnastics changes
>> this. Since statutory entitlements comprise well over half
>> the annual budget, the rest primarily being Defense, servicing
>> the debt and administration (what we in the Real World call
>> "SG & A"), are you arguing that the debt is entirely a
>> consequence of these latter three? 'Seems unlikely to me.
>>
>> Inquiring minds wanna know...
>
> As convoluted as this thing is, there are no dumb questions.
>
> I mentioned that the separate accounting for SS is helpful to tell where
> it stands, and from the data it's clear that the funds designated for SS
> (FICA payroll taxes) are more than enough to pay for SS through 2017:
>
> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the
> PDF, or "CRS-6" of the document)
>
> So Social Security isn't adding to the deficit.
>
> Medicare is more complicated; parts A, B, and D each are funded
> differently. As of a few years ago, total Medicare was funded 41% by
> general revenues, and most of the rest through payroll taxes and other
> designated funds. Total Medicare revenue in 2005 was around $440 billion,
> so 41% of that could be counted as contributing to the deficit.
>
> There are many other "trust funds" that have designated sources of
> revenue, but many of those actually are just designated portions of
> general revenues.
>
> So you can see what we're spending money on by looking at any of the pie
> charts and other graphs online. Here's one for FY 2008:
>
> http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
>
> Just remember that the big chunk represented by SS is totally funded by
> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
> revenues. Pretty much everything else comes out of general revenues. That
> "everything else," plus 41% or so of Medicare, are the sources of deficit
> spending.
>
> In other words, aside from SS and 60% or so of Medicare, most other
> statutory entitlement expenditures are *not* coming from designated
> revenue sources. They are, in fact, major sources of deficit spending. So
> is defense and the non-budget expenditures for the war in Iraq, Homeland
> Security, and all of the discretionary spending items.
>
> The pie charts are real eye-openers for most people. Just remember about
> the dedicated funding for SS and 60% of Medicare. The total amounts spent
> on them show up in the pie charts, but they aren't coming out of general
> revenues.
>
> --
> Ed Huntress
>

I used to think you had a handle on finances. Not anymore. The reason we
are not running deficits at the present time for SS is there is a surplus of
funds entering the system Those surplus funds are being spent in the
general fund. Hiding even more deficit spending. Interagency government
borrowing does not show up in the National Debt column. But that money is
owed. And will have to be paid back by higher taxes on workers.
Guesstimate in 2017. Maybe on the high side with the economy in the tank.
The war in Iraq is not a source of Deficit Spending. It is a government
expense just like the salaries of the Congress. Deficit spending is because
we keep having more federal expenses than revenue. We have a Congress and
President that shows no fiscal restraint. Not just this present
administration, but all back to IKE at least. SS is funded with dedicated
revenue? Only until there are more money to those collecting than from
those paying in.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:47 PM

HeyBub wrote:
> Too_Many_Tools wrote:
>
>> Deficit spending and the WPA kept millions of people from starving.
>>
>> I think that is accomplishing something.
>
> Yes, but if avoiding starvation was the goal, they did it the wrong way.
>
> Simply handing out food would have been cheaper, more efficient, and more
> universal. Once again, a government program with a lofty goal, cost twice as
> much as it should and didn't fully address the problem.
>
>> Go hungry for a week and get back to us with your changed attitude.
>>
>> As for excessive spending...where were you when Bush spent a TRILLION
>> dollars on a war that had no Iraq - 9/11 connection.
>>
>
>
> Right here. I was also right here when Obama committed $1.85 trillion more
> than revenue in the first quarter of this year. I'll be here as he spends
> another $6.6 trillion (in excess of revenues) over the next few years.
> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>
> The sad part is, Obama's expenditures don't guarantee we get to kill any
> enemies.
>
>

No, the sad part is that the foaming Bush-haters will never figure out
that however fiscally irresponsible Bush was (and he was), Obama
is at least an order of magnitude (base 10) worse, and he may
even top that before it's all over...

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:40 PM

This has become quite the healthy thread, as might be expected from
the subject.

It begs the question as to whether this is an occluded troll, or if
this is the result of miscegenation between the metal group and the
wooddorking group.






On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
<[email protected]> wrote:

>There seems to be a stereotype that "liberals" are the lazy sorts of
>people who interrupt TV viewing only to go to soup lines, or smoke
>harmful substances, whereas "conservatives" are hard working, self
>reliant people who are very well off due to their own perseverance and
>work ethic.
>
>And yet, the few self proclaimed or suspected liberals and Obama
>supporters of this newsgroup, seem to be very well off, accomplished
>people, whereas many conservatives, while intelligent and interesting
>people on many levels, are not exactly above that kind of level of
>attainment.
>
>If that is the case, is that perhaps the time to reconsider our
>stereotypes?
>
>Curious Man
Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 12:08 PM

On Mon, 08 Jun 2009 10:43:23 -0500, Tim Daneliuk
<[email protected]> wrote:

>I sometimes find myself in the smallest room of the house with a
>printout of your "shtick" before me. It often ends up behind me.


I am gratified to hear that you keep my shtick in your leebrary.



Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 3:10 PM

Denis G. wrote:
> On Jun 15, 3:27 pm, Tim Daneliuk <[email protected]> wrote:
>> Ed Huntress wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
> <snip>
>> The whole tort thing is really troublesome. On the one hand you
>> want people truly harmed to have redress. On the other, it's become
>> a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
>> I would also point out that the problem is largely not the
>> judges, it is the *juries*. Having served on a criminal jury, I shudder
>> at the thought of ever being at a jury's mercy in either criminal or
>> civil court.
>>
>> --
>> ---------------------------------------------------------------------------­-
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> Read Peter Huber’s book—“Liability: The Legal Revolution and It’s
> Consequences” – Shows how tort law has taken over cases where contract
> law was used to resolve disputes. Government has increasingly
> overridden both individual rights and property rights in the name of
> protecting society.

You've seen this overtly of late where The Pope President threw away
200+ years of contract law by means of Presidential Encyclical to
abuse the rights of the preferred paper holders at GM and Chrysler to
pay off the union slugs. Is it any wonder that the centers of capital
are sitting on their wallets right now? They don't trust their own
government (nor do I blame them).


>
> Here’s a collection of newspaper articles from countries with
> socialized medicine:
> http://www.liberty-page.com/issues/healthcare/socialized.html#britain
>
> The more government has interfered in our healthcare system, the worse
> it’s become. I expect than trend will continue.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:35 PM

On Mon, 08 Jun 2009 17:05:43 -0700, evodawg <[email protected]>
wrote:

>Just heard today from one of the State News Organizations that 60% of the US
>population is receiving government money in one way or another. How long
>can this go on? We are truly becoming a Socialist Country!


I would submit to you, Sir, that one hundred percent of the population
is receiving government money.

I would further submit to you that this has been the case since the
founding of the country.

I would direct your attention to the preamble of the Constitution,
wherein it states:


"We the People of the United States, in Order to form a more perfect
Union, establish Justice, insure domestic Tranquility, provide for the
common defence, promote the general Welfare, and secure the Blessings
of Liberty to ourselves and our Posterity, do ordain and establish
this Constitution for the United States of America."


In the performance of those acts related to the above ALL AMERICANS
receive the value of the acts and therefore enjoy the results of the
monies needed to fund them.

You may argue over the distribution of assets but you may not argue
that those assets have not been generally distributed.

You may have a particular predilection to argue over the fine points
of the phrase, "Promote The General Welfare", as is your right, but to
imply that you are disenfranchised, or that others are
overcompensated, misses the point.

I would remind you, Sir, that this republic has stood longer than any
other. That this form of governance has outlived any other. That
Washington's prediction of the life of the Great Experiment has gone
times beyond his imagining.

In short, we should embrace ourselves and wonder that we have stood
the test of time.

And we should congratulate ourselves, Sir, in that we are even able to
have a discussion such as this.









Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

g

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 4:34 PM

On Jun 6, 6:17=A0pm, rjd <[email protected]> wrote:
> On Jun 4, 6:12=A0pm, Curious Man <[email protected]> wrote:
>
>
>
>
>
> > There seems to be a stereotype that "liberals" are the lazy sorts of
> > people who interrupt TV viewing only to go to soup lines, or smoke
> > harmful substances, whereas "conservatives" are hard working, self
> > reliant people who are very well off due to their own perseverance and
> > work ethic.
>
> > And yet, the few self proclaimed or suspected liberals and Obama
> > supporters of this newsgroup, seem to be very well off, accomplished
> > people, whereas many conservatives, while intelligent and interesting
> > people on many levels, are not exactly above that kind of level of
> > attainment.
>
> > If that is the case, is that perhaps the time to reconsider our
> > stereotypes?
>
> > Curious Man
>
> If I liberally apply a protective finish to one of my wood projects to
> conserve it, what does that make me?- Hide quoted text -
>
> - Show quoted text -

OT^2 ???

Gg

Glen

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 12:06 PM

Too_Many_Tools wrote:

>
> Deficit spending and the WPA kept millions of people from starving.
>
> I think that is accomplishing something.
>
> Go hungry for a week and get back to us with your changed attitude.
>
> As for excessive spending...where were you when Bush spent a TRILLION
> dollars on a war that had no Iraq - 9/11 connection.
>
> TMT

Just for informational purposes, could you cite the reference when Bush
actually said that there was an Iraq - 9/11 connection. I'm not trying
to start an argument, but I couldn't find one, although I have heard
many people state that he did.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 10:44 AM

On Jun 8, 9:16=A0am, Tim Daneliuk <[email protected]> wrote:
> Upscale wrote:
> > "Tim Daneliuk" <[email protected]> wrote in message
> >>> ...and made most of it disappear.
> >> So much unlike the nearly $4T Our Dear Leader at present a flushed in
> >> less than 6 months.
>
> > And how *exactly* do you now it's flushed away. As usual, you make all =
sorts
>
> Because it has been committed by our Dear Leader and thus must be spent.
> Most of it is being spent on things that are not necessary and not
> permitted of the Federal government under the Constitution Of The US.
> Most of it is political pork our Dear Leader is using to pay off his
> political IOUs with Other People's Money.
>
> > of wild claims before any type of final result is in. If you had any io=
ta of
> > common sense, you'd know that it takes years for final results to be
> > tallied.
>
> It will take far less than "years". =A0We will see raging inflation
> within less than a decade if the economists are even close to right.
>
>
>
> > Not so for Tim Daneliuk, your mind is made up now. You're just full of =
all
>
> That's because my mind is made up by facts and analysis not from smoking
> Hopeium.
>
> > kinds of criticism about your current government, but the truth is that
>
> The current government is full of fools and charlatans and is led by
> by a dangerous malignancy. =A0There are precious few patriots and thinker=
s
> in the current government.
>
> > people like you are the least able to judge it. You didn't vote for eit=
her
> > incumbent, you contributed nothing, gave nothing and whine all day abou=
t how
>
> There was only one incumbent and he was not eligible to run again, so
> you're right - neither I nor anyone else voted for him. =A0I also didn't
> vote for either candidate since cooperating with people that wish to
> terminate at least some (or all) of your freedoms is self destructive.
>
> > much it's going to cost you. The fact is that all you do is talk. And, =
that
>
> How much will it cost me, my children, my grandchildren, and possibly
> my great-grandchildren to pay off The Messiah's grandstanding? =A0How
> much will it cost the nation in prestige and future influence globally?
> How much freedom will be undermined and power instead passed to the
> government?
>
> I don't know what's going on, huh? =A0So far The Messiah has:
>
> 1) Stolen wealth from those that legitimately owned it.
> 2) Attacked, killed, or nationalized (same as killing) some of the very
> =A0 =A0largest institutions that produce *new* wealth.
> 3) Sold out our key ally in the Middle East and at the same time,
> =A0 =A0bowed his head to the evil dictators of the Middle East.
> 4) Openly supported the killing of children just weeks before birth.
> 5) Supported a system of political corruption nation wide that buys
> =A0 =A0votes with tax money in the form of pork projects. =A0He's done
> =A0 =A0this at a breathtaking scale never before seen.
> 6) Generally spent more money that doesn't actually exist in a shorter ti=
me
> =A0 =A0than any U.S. president before him.
> 7) Demanded public "sacrifice" while government lives like pigs.
>
> > talk is based on nothing more than lack of experience, lack of action a=
nd
> > lack of any kind of involvement.
>
> It's based on a desire to not be anyone's slave. I realize that a good
> many people like been well kept pets, but I'm not one of them.
>
>
>
> > You're a "nothing" Tim and that's the worst kind of citizen.
>
> I guess it's more honorable to be a citizen that wallows in being
> a ward of the state.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

So Tim...what's your plan?

How would you save the United States from the brink of The Great Bush
Depression we are standing at the edge of?

I'm listening.

TMT

MA

"Michael A. Terrell"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 7:53 PM


HeyBub wrote:
>
> Too_Many_Tools wrote:
> >>
> >> I guess if you need more reasons, I could come up with some.
> >
> > So you are saying that the United States should invade a country
> > because we feel like it?
>
> Yes.
>
> >
> > There are thousands of grieving military families who would rip your
> > heart out of your chest for squandering their children's lives for
> > your "feel like it" approach.
> >
>
> I feel sorry for the family's loss. But no more so than a loss due to a
> mountain climbing accident, a speedway crash, or from a sky-diver's failed
> parachute.
>
> Remember, our military are volunteers. They joined the military for the
> opportunity to kill people and blow things up. Incidental to that choice was
> the chance, of which they were well aware, of death or injury. They
> willingly took that chance. For their family's sake. For their country's
> sake. For duty's sake. For honor. For glory.
>
> They went to war because they trained for war, because they wanted to go to
> war, because they needed to go to war.
>
> Here's the proof: 85% of the soldiers who have served in Iraq or Afghanistan
> have reenlisted at the first opportunity. The remaining 15% retired, were
> invalided out, or mistakenly married harridans.


You are one ignorant son of a bitch. The vast majority of Veterans
who need VA care are WW-II, Korea or Vietnam era and didn't volunteer.


--
You can't have a sense of humor, if you have no sense!

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 5:57 PM

On Jun 7, 11:52=A0am, "J. Clarke" <[email protected]> wrote:
> HeyBub wrote:
> > Too_Many_Tools wrote:
>
> >> LOL...tell me...what will the millions of Americans do in the next
> >> few years for retirement when their 401Ks are worth nothing, their
> >> houses are worth much, much less and with millions living off what
> >> savings they might have?
>
> > Get a job?
>
> So what kind of job does someone in his eighties who has been retired for
> twenty years get?
>
> Hint--there's not enough work to go around right now. =A0A common problem
> throughout history. =A0Those big pointy things in the Egyptian desert are
> monuments to the Egyptian WPA as much as they are to the pharaohs who wer=
e
> buried in them.
>
> >> Or the damning fact that 60% of bankruptcies are medical
> >> related...and you incur most of your medical costs after retirement.
>
> > No biggie. Bankruptcies have to be caused by something, else there
> > wouldn't be any.
>
> >> And you do realize that this deep, deep recession has a long way to
> >> go yet. Best estimates that the economy MAY bottom out late next
> >> year. So how deep of pockets do you have..especially if government
> >> payments are cut?
>
> > You're right. One will just have to cut back on expenses.
>
> And when one doesn't have enough income to pay for food?
>
> >> The truth in life is that you can do everything right and still
> >> arrive at retirement penniless.
>
> > Yep.

Now you have done it...you are confusing a conservative with reality.

They would gain more respect from me if they would clean up their own
messes.

The truth is that this Country and its people will be fixing the
damage done by the conservatives for decades to come.

TMT

Sb

"SonomaProducts.com"

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 3:39 PM


I thunk us conserbitives were da beer drinking, flag wavi'n, blindly
patriotic neanderthals and the liburuls were da smart edjumakated ones
who knows whats really best fur us.

On Jun 4, 3:12=A0pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 11:56 PM

Hawke wrote:
>>>>>>> What's irritating is that no matter how many times you show these
>>>>>>> numbers
>>>>>> to
>>>>>>> right wing guys it just doesn't sink in
>>>>>>>
>>>>>>> Hawke
>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>> problem is while it is easy to come up with those numbers, it is a
>>>>>> lot harder to know why. Correlation does not mean cause and
>>>>>> effect.
>>>>>>
>>>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>>>> to eliminate all procedures which will only prolong someones life
>>>>>> by six months and also eliminate all procedures that do not have a
>>>>>> proven success record. If we had done this say thirty years ago,
>>>>>> we would not have any heart transplants , artificial heart valves,
>>>>>> etc.
>>>>>>
>>>>>> Dan
>>>>> Until you have been involved in the decision whether to treat a
>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>> its course"), you don't know what you are talking about.
>>>> It isn't a question of treatment or not. The question is payment.
>>>> There isn't any reason a person shouldn't be able to buy insurance to
>>>> cover anything they need.
>>>> Their needs, and the needs of their families for emotional placation,
>>>> are not the needs of society.
>>>>
>>>> JC
>>> If you think payment is the question, not treatment, then I have to
>>> ask payment for what? The cost of (let's say) a liver transplant for
>>> a patient who is going to die soon, whether or not the transplant
>>> occurs, is WAY more than the cost of palliative treatment. I have to
>>> ask what we are insuring against. A basic low(er) level of treatment
>>> costs, or the costs of treating everything. IMNSHO, a asic level of
>>> insurance (however defined) should be compulsory (yes, that bad word,
>>> and whether the employee or the employer pays is ultimately only
>>> semantics). On top of that a person should be allowed to insure
>>> against the costs of more complex events/procedures. Freedom of
>>> personal choice, etc., etc.
>>>
>>> Society needs some kind of insurance, and the current system is
>>> dysfunctional.
>> Government in the medical business is a permanent solution to a temporary
>> problem. When I was a kid, when you got sick you went to the doctor and
> he
>> did what he could and it didn't cost much. Now he can do a lot more but
>> it's all cutting edge and the costs are horrendous. A hundred years from
>> now when the technologies have matured and an NMR scanner is a child's
>> plaything that you get at Toys R Us for 50 bucks it's going to be back to
>> where most people can pay for most medical issues out of pocket without it
>> hurting particularly.
>>
>> But if we get government involved now then government will still be
> involved
>> then.
>
>
> So would you rather have the government be involved in health care or just
> leave it in the hands of people like used car salesmen? There are private
> alternatives that are worse than the government. How about having Bernie
> Madoff handling your health care or the management of AIG? Think they would
> be better than the government? I don't. The greed of businessmen is what

False dichtomy and strawman. These are not the only choices.

> makes them unacceptable for making decisions on people's health care. You
> need people that aren't going to profit from your health problems making the
> decisions. Hopefully, medical professionals without a financial interest
> would decide what you need.
>
> Hawke
>
>

This is hands-down the low point of this thread. If no one made a
profit in healthcare there would be NO healthcare. Why should gifted
people become doctors, pharma reseachers, nurses, or pharmacists?
Without profit where is the incentive to risk $500M - $1B *per new
drug* on the research side of things. In short, there would be few or
no "medical professionals without a financial interest [to] decide
what you need" without the opportunity for profit.

I'll take greedy business people over boneheaded collectivist ideology
any day of the week.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

GA

Gunner Asch

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 1:04 PM

On Fri, 5 Jun 2009 12:18:05 -0700 (PDT), Robatoy
<[email protected]> wrote:

>I was originally taken in by Bush's rhetoric on 'compassionate
>conservatives' just to find out he was lying warmongering megalomaniac
>who had an inferiority complex to the point that all he wanted to do
>was please his daddy...how sick was that?

almost as sick as blowing muslims, which apparently you do.

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:49 AM

Andrew Barss wrote:
> <snip of hysterical rant about the coming end times>
>
> A fine example of intolerance -- well done! Who is the
> loony you quoted?
>
> -- Andy Barss

You and yours love to parade your "tolerance" around like
a Boy Scout merit badge. Oddly all that tolerance
disappears when someone like this poster shows up whereupon
your sneering and condemnation proceeds immediately.
Does the irony of this not strike you at all?
How very intolerant of you.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 7:51 AM

On Jun 4, 5:12=A0pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

Yes...that is the case.

TMT

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 4:59 PM


"Lew Hodgett" <[email protected]> wrote in message
news:[email protected]...
> "John R. Carroll" wrote:
>
>> It's also worth remembering that people did't last much beyond 65 YO in
>> the thirties, large numbers even less.
>
> Which just points out how remarkable my grandfather was.
>
> Born in 1848, he made it to 83.

Now there is a guy that realy saw the world change.
Did you know that aprox. 1/3 of all of the WWII draftees were rejected as
physically unfit?
Malnutrition and starvation were largely the cause.

JC

DG

"Denis G."

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:58 PM

On Jun 15, 3:27=A0pm, Tim Daneliuk <[email protected]> wrote:
> Ed Huntress wrote:
> > "Tim Daneliuk" <[email protected]> wrote in message
> >news:[email protected]...
<snip>
> The whole tort thing is really troublesome. =A0On the one hand you
> want people truly harmed to have redress. =A0On the other, it's become
> a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
> I would also point out that the problem is largely not the
> judges, it is the *juries*. =A0Having served on a criminal jury, I shudde=
r
> at the thought of ever being at a jury's mercy in either criminal or
> civil court.
>
> --
> -------------------------------------------------------------------------=
--=AD-
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

Read Peter Huber=92s book=97=93Liability: The Legal Revolution and It=92s
Consequences=94 =96 Shows how tort law has taken over cases where contract
law was used to resolve disputes. Government has increasingly
overridden both individual rights and property rights in the name of
protecting society.

Here=92s a collection of newspaper articles from countries with
socialized medicine:
http://www.liberty-page.com/issues/healthcare/socialized.html#britain

The more government has interfered in our healthcare system, the worse
it=92s become. I expect than trend will continue.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:56 PM

On Jun 8, 3:07=A0pm, Tim Daneliuk <[email protected]> wrote:
> Larry W wrote:
> > Someone said:
> >> The current government is full of fools and charlatans and is led by
> >> by a dangerous malignancy. =A0There are precious few patriots and thin=
kers
> >> in the current government.
>
> > That would be true whether you're talking about democrats, republicans,
> > or both.
>
> Agreed. =A0But today this dearth is coupled with the worst executive offi=
cer
> ever seen in our government. =A0The combination is deadly.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

Worst President...Bush....hands down.

TMT

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 2:03 PM

On Jun 8, 4:52=A0pm, "HeyBub" <[email protected]> wrote:

>
> And if you can blame Bush for what happened during the last 100 days of h=
is
> administration, then you've got no complaint when criticism is leveled at
> the first 100 days of Obama's.

That, of course, is a crock of shit.
Bush had the best part of 7 years to take a run at his last 100 days,
as opposed to Obama who got the aftershocks AND he started from
scratch.
To compare both is ludicrous.
I can't believe you made that comparison.

r

dd

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 6:07 PM

On Jun 10, 11:00=A0pm, "Ed Huntress" <[email protected]> wrote:

> I'm not wasting any more time with this, Dan. You're not making an effort=
to
> find the full story, and digging up facts to satisfy your curiosity is no=
t
> on my schedule this week.
>
> --
> Ed Huntress

You are wrong about my efforts, but I agree that this is not worth
wasting any more time. You have your biases and I have mine. We are
not changing anyones opinion.
Dan

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 7:19 AM

[email protected] wrote:
>
> The real problem with most peoples politics(in my opinion), is that
> most people are uninformed politically. They base their assumptions &
> political viewpoints on whatever the media monster feeds them!

Exactly.

That's why laws need to be written by experts (i.e., special interests,
lobbyists, etc.). Or at least these groups should get the right of last
refusal.

Do you think the average politician - let alone even an informed voter -
could know all the ramifications of increasing the federal tariff by
fifty-cents per hundredweight on the railroad transportation of
partially-hydrogenated yak-fat across state lines?

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 3:18 PM


<[email protected]> wrote in message
news:ebd83aa8-c2eb-4f57-acb7-9b051ae85c7f@g19g2000yql.googlegroups.com...
On Jun 5, 11:40 am, "Ed Huntress" <[email protected]> wrote:
> "Doug Winterburn" <[email protected]> wrote in message
>
> news:[email protected]...
>
>
>
>
>
> > Morris Dovey wrote:
> >> Curious Man wrote:
> >>> There seems to be a stereotype that "liberals" are the lazy sorts of
> >>> people who interrupt TV viewing only to go to soup lines, or smoke
> >>> harmful substances, whereas "conservatives" are hard working, self
> >>> reliant people who are very well off due to their own perseverance and
> >>> work ethic.
>
> >>> And yet, the few self proclaimed or suspected liberals and Obama
> >>> supporters of this newsgroup, seem to be very well off, accomplished
> >>> people, whereas many conservatives, while intelligent and interesting
> >>> people on many levels, are not exactly above that kind of level of
> >>> attainment.
>
> >>> If that is the case, is that perhaps the time to reconsider our
> >>> stereotypes?
>
> >> I've always thought that "conservative" meant "not in favor of changing
> >> some established norm"; and that "liberal" indicated a willingness to
> >> try new approaches...
>
> >> I had a seventh grade teacher who gave my class some interesting
> >> guidance: "I don't want you to have closed minds, nor do I want you to
> >> have open minds," he said, "I want you to have /openable/ minds - to
> >> hold to what you know to be true, and to be prepared to replace the old
> >> ideas when you gave good reason to /decide/ that something is more true
> >> or works better."
>
> >> Does that make one a conservative liberal or a liberal conservative? :)
>
> > a difference in the meaning of "equality" - equal opportunity vs equal
> > outcome.
>
> As should be clear from the last half-century of debates about human
rights,
> that's a false dichotomy. It's another 18th-century Enlightenment conceit
> that sounds good in theory, and that helps maintain the logic of
(classical)
> liberal thought, but it falls apart in practice.
>
> I liked the analogy made by someone back when affirmative action was first
> being discussed, around 1970 or so. He said that breaking down legal
> barriers to employment opportunity was like telling someone who had been
> chained up for 20 years that, now that his chains were removed, he is
> expected to compete in a 100-yard dash on an equal basis. "Now, go run,
and
> no more complaints from you," it says.
>
> --
> Ed Huntress- Hide quoted text -
>
> - Show quoted text -

If you believe in "reverse racism", then you believe in racism.

Irrational. Correcting an injustice caused by actual racists against a
particular class by providing that class an advantage or some kind of
benefit to mitigate the harm done is not "reverse racism". Which, by the
way, simply doesn't exist. There is either racism or there is not.

Hawke

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:19 AM

On Jun 8, 9:22=A0am, evodawg <[email protected]> wrote:
> HeyBub wrote:
> > Too_Many_Tools wrote:
> >> On Jun 7, 11:05 am, "HeyBub" <[email protected]> wrote:
> >>> Doug Winterburn wrote:
>
> >>>> As my dear old departed mum told me almost 50 years ago - "When
> >>>> you're young, you're idealistic and liberal, then you got to work
> >>>> and start paying taxes and become a conservative, then you get old
> >>>> and start looking for help because you didn't plan ahead and you
> >>>> become liberal again".
>
> >>> Or "a conservative is a former liberal who's been robbed."
>
> >>> One maxim that floated around New York during the Guiliana years:
>
> >>> "A Republican is a Democrat who suddenly realizes he hasn't been
> >>> mugged lately."
>
> >> So what does that make the Republicans that just robbed this Country
> >> of TRILLIONS?
>
> > Uh, no. Every single Republican in the Congress voted AGAINST the
> > multi-trillion dollar bailouts. The thing the Republicans supported - i=
n
> > the last administration - was less than a trillion ($837 billion if I
> > recall correctly).
>
> These arguments have been made for eons and I wonder if they've ever solv=
ed
> anything? I'm staying out of them but they are fun to read! Although I ha=
ve
> always thought the Government is the Problem not the Solution. So now you
> know my politics. Liberal or Conservative?
> --
> "You can lead them to LINUX
> but you can't make them THINK"
> Running Mandriva release 2008.0 free-i586 using KDE on i586
> Website Addresshttp://rentmyhusband.biz/

You're a right-winger through-and-through.

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 6:27 PM

Ed Huntress wrote:
> "Calif Bill" <[email protected]> wrote in message
> news:[email protected]...
>> "Ed Huntress" <[email protected]> wrote in message
>> news:[email protected]...
>>> "Calif Bill" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> "Ed Huntress" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>>> news:[email protected]...
>>>>>
>>>>> <snip>
>>>>>
>>>>>> <Butts In To Ask A Really Dumb Question>
>>>>>>
>>>>>> OK, here's what I don't understand. If SS is paid out of
>>>>>> current revenues - indeed *all* statutory entitlement
>>>>>> commitments are, if I understand your explanations - then
>>>>>> just *what* is responsible for our national debt? Debt
>>>>>> is only possible if we're spending more than we're collecting
>>>>>> as a nation. No amount of accounting gymnastics changes
>>>>>> this. Since statutory entitlements comprise well over half
>>>>>> the annual budget, the rest primarily being Defense, servicing
>>>>>> the debt and administration (what we in the Real World call
>>>>>> "SG & A"), are you arguing that the debt is entirely a
>>>>>> consequence of these latter three? 'Seems unlikely to me.
>>>>>>
>>>>>> Inquiring minds wanna know...
>>>>> As convoluted as this thing is, there are no dumb questions.
>>>>>
>>>>> I mentioned that the separate accounting for SS is helpful to tell
>>>>> where it stands, and from the data it's clear that the funds designated
>>>>> for SS (FICA payroll taxes) are more than enough to pay for SS through
>>>>> 2017:
>>>>>
>>>>> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the
>>>>> PDF, or "CRS-6" of the document)
>>>>>
>>>>> So Social Security isn't adding to the deficit.
>>>>>
>>>>> Medicare is more complicated; parts A, B, and D each are funded
>>>>> differently. As of a few years ago, total Medicare was funded 41% by
>>>>> general revenues, and most of the rest through payroll taxes and other
>>>>> designated funds. Total Medicare revenue in 2005 was around $440
>>>>> billion, so 41% of that could be counted as contributing to the
>>>>> deficit.
>>>>>
>>>>> There are many other "trust funds" that have designated sources of
>>>>> revenue, but many of those actually are just designated portions of
>>>>> general revenues.
>>>>>
>>>>> So you can see what we're spending money on by looking at any of the
>>>>> pie charts and other graphs online. Here's one for FY 2008:
>>>>>
>>>>> http://en.wikipedia.org/wiki/United_States_federal_budget,_2008
>>>>>
>>>>> Just remember that the big chunk represented by SS is totally funded by
>>>>> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
>>>>> revenues. Pretty much everything else comes out of general revenues.
>>>>> That "everything else," plus 41% or so of Medicare, are the sources of
>>>>> deficit spending.
>>>>>
>>>>> In other words, aside from SS and 60% or so of Medicare, most other
>>>>> statutory entitlement expenditures are *not* coming from designated
>>>>> revenue sources. They are, in fact, major sources of deficit spending.
>>>>> So is defense and the non-budget expenditures for the war in Iraq,
>>>>> Homeland Security, and all of the discretionary spending items.
>>>>>
>>>>> The pie charts are real eye-openers for most people. Just remember
>>>>> about the dedicated funding for SS and 60% of Medicare. The total
>>>>> amounts spent on them show up in the pie charts, but they aren't coming
>>>>> out of general revenues.
>>>>>
>>>>> --
>>>>> Ed Huntress
>>>>>
>>>> I used to think you had a handle on finances. Not anymore. The reason
>>>> we are not running deficits at the present time for SS is there is a
>>>> surplus of funds entering the system Those surplus funds are being
>>>> spent in the general fund.
>>> That's always been the way SS is run, from the 1930s on. Some people seem
>>> to have just noticed within the past few years. <g>
>>>
>>> As for not running deficits at the present time because there is a
>>> surplus of funds entering the system...duh, yeah, that's what happens
>>> when more is coming in than going out.
>>>
>>>> Hiding even more deficit spending.
>>> It's not being hidden from anyone who looks. It is being hidden to people
>>> who don't look. But they couldn't find their butts without a night light
>>> to begin with. They always think they're being tricked, because they keep
>>> tricking themselves, and they're too lazy to look.
>>>
>>>> Interagency government borrowing does not show up in the National Debt
>>>> column.
>>> To clarify things, you're using the traditional definition of "national
>>> debt," which is public debt. And that's quite true. Intragovernmental
>>> debt is not part of what the government owes to those outside of
>>> government, so it doesn't show up as public debt. But that's axiomatic.
>>>
>>>> But that money is owed.
>>> To...ourselves. <g>
>>>
>>>> And will have to be paid back by higher taxes on workers.
>>> That depends on how the economy stands at the time it comes due.
>>>
>>>> Guesstimate in 2017. Maybe on the high side with the economy in the
>>>> tank. The war in Iraq is not a source of Deficit Spending. It is a
>>>> government expense just like the salaries of the Congress. Deficit
>>>> spending is because we keep having more federal expenses than revenue.
>>> Duh...maybe you could explain the difference. ALL government spending
>>> from general revenue is a source of deficit spending, when you aren't
>>> taking in enough revenue to cover it. That's what happens when you cut
>>> taxes without cutting expenses.
>>>
>>> Off-budget items like the war in Iraq are especially egregious in that
>>> regard, because nobody even *tried* to cover it with revenue. Bush just
>>> said "keep shopping and don't worry."
>>>
>>>> We have a Congress and President that shows no fiscal restraint.
>>> So was Reagan. So was Bush II. And they didn't even have a real reason
>>> for it. You deficit-spend when the economy is tanking. That's mainstream
>>> economics. You don't deficit-spend when the GDP is going up. That's
>>> lunacy. And Reagan's budget director, David Stockman, said as much a few
>>> years later.
>>>
>>> I always like this Stockman quote about the period: "Do you realize the
>>> greed that came to the forefront? The hogs were really feeding. The greed
>>> level, the level of opportunism, just got out of control. [The
>>> Administration's] basic strategy was to match or exceed the Democrats,
>>> and we did."
>>>
>>>> Not just this present administration, but all back to IKE at least. SS
>>>> is funded with dedicated revenue? Only until there are more money to
>>>> those collecting than from those paying in.
>>> Exactly. You do get it, after all. d8-)
>>>
>>> --
>>> Ed Huntress
>>>
>> It is still debt! Whether we owe it to the foreign borrowers as T bills,
>> or as money borrowed from some other "Trust Fund" at another government
>> agency. Gas Tax, SS tax, etc. A private lawyer would go to jail for the
>> abuse of trust funds the Feds do everyday. That money is still gone. And
>> it has to come out of the tax payers pocket. VAT taxes just hide it
>> better from the people.
>
> <sigh> I give up. Bill, what about all of the unfunded, future obligations
> of Social Security that *aren't* represented by Treasury notes? That's most
> of the future obligation. Is it all "debt"?
>
> If not, why not? If so, then we've lost all sense of what debt is. When you
> owe it to yourself, or the government owes it to the government, or the
> taxpayers owe it to the taxpayers, it's kind of a silly game. Today it's a
> future obligation and doesn't add to the national debt; tomorrow it does.
> It's all accounting, not an actual flow of money, or a change in an
> obligation.
>
> Except when you're doing the bookkeeping and analysis. That's the only
> reality it has.
>
> Believe what you want. The bonds neither increase nor decrease the future
> obligation. And the accounting by which we keep track of it is purely
> arbitrary, begun only in 1986 (give or take a year), when the political
> decision was made to account for it that way. That's the important point.
> Make of it what you will.

They obviously do represent a future obligation, just as any other gov
bond does. Why do you think all the hand wringing about when the "trust
funds" are exhausted - no more obligation to collect taxes to pay off
the bonds since there won't be any.

Also, one thing that changed in the Tip O'neal/Bob Dole "saving" of SS
in the '80's was the bonds became non-negotiable - meaning prior to that
time SS could have sold 'em and bought peanut futures. From FDR's start
of SS, any surplus was mandated by law to be invested in gov bonds, but
at that time they were negotiable bonds.
>
> --
> Ed Huntress
>
>

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 12:43 AM

Ed Huntress wrote:

<SNIPPED not for rhetorical advantage but brevity>

Thanks for taking the time to make a cogent and thoughtful
argument. On some matters we agree:

- Academics rarely let facts and reality intrude on their
theories.

- The Dismal Science is so because its predictive value -
at least at the macro level - is horrible.

But - however erudite your argument, I disagree on
some fundamental matters:


Disagreements Of Principle
--------------------------

The Federal government has no enumerated Constitutional power to do
what it is doing today. If the Sheeple really want it to do these
things, they ought to have the manners to pass an amendment to that
effect.

Your defense of Keynes misses an important point: It does not consider
the lost utility of the money being forcibly spent by government. That
is, there is no particular reason to believe that government is a
better agent for economic change than allowing markets to direct
wealth to points of scarcity and opportunity. In actual fact, there is
ample evidence to show that government spends money foolishly, with no
feedback mechanism to tone its stupidity down.

Disagreements Of Practice
---------------------_---

Let's pretend for a moment that Keynes was indisputably
right - that deficit spending by government in a time
of economic downturn is the Only Way Out. This still
has real practical problems:

1) WWII infrastructure buildup is not instructive in this case.
The WWII infrastructure build was successful after the war
for two reasons:

a) It created a massive manufacturing engine that served
private sector interests well into the 1980s.

b) The was an enormous pent up demand for goods after
the war by consumers that had done without during the war.

Neither will happen today. Nothing in the Obama spending
regimen is going to lead to materially larger manufacturing
base - at most, it will somewhat resuscitate the relatively
small existing manufacturing base of the country and - more
likely - stimulate manufactured imports. More importantly,
there is *not* some huge pent up demand for consumer goods
today. In actual fact, the Sheeple contributed to this mess
by buying a whole slew of such goods even when they didn't
actually have the money. A repaired economy is not going to
see a hockey stick in sales of refrigerators, cars, TVs,
and swimming pools. The American people already have plenty
of all the above.

2) As you point out, if Keynes is right, Obama isn't spending
*enough* - and - he'll never be able to do so, it's not
politically tractable. This means he is spending horrendous
amounts for a lost endgame - the worst of all possible outcomes.

3) Investors and centers of wealth do not trust the government.
As you properly note, people with money are sitting on it.
In part, this is because of Obama's considerable disregard
for hundreds of years of contract law. The Chrysler bond
holders are holding out because they entered into agreements
that gave them first call in the event of a bankruptcy and
they bought CDS to protect themselves. A bankruptcy will
make them far more whole than an Obama magic deal. This has
the effect - as you point out - of creating stagnation
that could last a decade. The *only* way out, is to observe
the law, let markets do their job, and eat the pain in the
shorter term. Fun? No, but better than the half-solution
being imposed by this inept administration.

4) There is plenty of blame to go around, but it is maddening
that our fine government - both under Bush and Obama -
*refuses* to go after clearly illegal trading behavior
like naked short selling. It is further maddening that
the Left howls about the Eeeeeeeevil Bankers (tm), but
is almost mute on the question of just how the rating
agencies behaved in all this. It is yet again infuriating
that scoundrels like Barney Frank are untouched when they
looked into the CSPAN cameras, baldly lied about the state
of Freddie/Fanny when the *Bush* administration dared to
question the health of those institutions that were being
driven by social agenda rather than economic reality.
In actual fact, the centerpiece of this entire mess
starts and ends in Washington D.C., not Wall Street,
and the investment community knows this.

5) Obama's centerpiece of spending addresses little of this
in any case. There is no enduring economic value to
funding entitlements, ACORN, abortions, and all the rest.
He knows his window of opportunity is short - if the
recent Gallup and Rassmussen polls are to believed,
the Sheeple are already getting worried about his
profligate spending. He has clearly ramped up spending
directed at his pet causes while he still can, but little
of this will benefit the economy. It is nothing more than
vote buying.

The Obama Problem
-----------------

Again, stipulating that Keynes could be right, in part or even in
whole, there is a huge credibility problem with Obama himself. I live
near Chicago. I have watched his ascent in IL politics. This is not
the smart, savvy, cultured leader the fawning media has portrayed.
Obama was spewed forth from one of the most corrupt, compromised,
vile, dishonest, and dysfunctional political machines in the entire
country. His friends and fellow travelers are the worst possible
examples of political hacks and thieves. His personal associations
were at the very bottom of the social sewer. He has betrayed
virtually every group and person that helped him ascend to power
along the way. Then there is the problem of his competence.
He has never produced significant legislation. He has done nothing
meaningful in the private sector. He is a fabulous candidate
who can run for office but has almost no substance beyond that.
In short, the only thing he's actually run is his mouth. You
see this regularly. Listen to his public utterances and you
see a man obsessed with his own importance and a man always running
for office. He simply cannot be trusted with the republic. His
vague claims to hope and change are not actionable. His predictions
are laughably off the mark, and he is already discovering that a
cult-of-personality has no enduring value when you're called upon
to actually lead with ideas and actions.

I really, really (really) hope I am wrong about all this. I hope
I'm sitting here in a few years praising the the astute wisdom
and effective leadership of this administration. But it is highly
unlikely. Obama's government is already starting to rupture at the
seams - and it is doing so without any significant pressure by
the almost entirely neutered Republican party. It's falling apart
because he has no real ideas, possessed no real character, doesn't
know what he's doing, and is not trusted by the centers of money
and investment in our nation.



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 1:44 PM

On Jun 11, 4:21=A0pm, Tim Daneliuk <[email protected]> wrote:


> =A0Apparently, at least in some
> quarters, the most complicated information space people are capable
> of considering is binary.
>

You mean: (Bush quote)

"You're either for us, or against us?"

dd

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 6:01 PM

On Jun 12, 10:40=A0pm, "Ed Huntress" <[email protected]> wrote:
>
> I mentioned that the separate accounting for SS is helpful to tell where =
it
> stands, and from the data it's clear that the funds designated for SS (FI=
CA
> payroll taxes) are more than enough to pay for SS through 2017:
>
> http://fpc.state.gov/documents/organization/51264.pdf=A0 (page 17 of the =
PDF,
> or "CRS-6" of the document)
>
> So Social Security isn't adding to the deficit.
>

> Just remember that the big chunk represented by SS is totally funded by
> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
> revenues. Pretty much everything else comes out of general revenues. That
> "everything else," plus 41% or so of Medicare, are the sources of deficit
> spending.
>
> In other words, aside from SS and 60% or so of Medicare, most other
> statutory entitlement expenditures are *not* coming from designated reven=
ue
> sources. They are, in fact, major sources of deficit spending. So is defe=
nse
> and the non-budget expenditures for the war in Iraq, Homeland Security, a=
nd
> all of the discretionary spending items.
>
> The pie charts are real eye-openers for most people. Just remember about =
the
> dedicated funding for SS and 60% of Medicare. The total amounts spent on
> them show up in the pie charts, but they aren't coming out of general
> revenues.
>
> --
> Ed Huntress
>
And that is the way it is now. But the scary part is in a relatively
few years ( 2017 -2009 =3D 8 short years ) there will no longer be any
extra dedicated revenue from SS to go into the general revenue fund.
And Medicare revenue will be less that 60 % of Medicare costs. So
taxes will have to go up or the deficit spending rate go up, or Social
Security benefits and Medicare benefits will have to come down.
Obama's plan on having those making over 250 K$ pay more in SSBN, is
not going to be near enough. Unless we have massive inflation so that
most everyone working is making over 250K$.

And while inflation is manageable for those working, it really affects
some. We got a letter today from an old friend. " I can no longer
afford the house I presently own. The economy has ( something
illegible ) its upward inflated prices. I must sell my own home and
rent................"

Dan

kk

krw

in reply to "[email protected]" on 12/06/2009 6:01 PM

14/06/2009 10:40 PM

On Sun, 14 Jun 2009 21:48:24 -0500, "William Wixon"
<[email protected]> wrote:

>
>"Han" <[email protected]> wrote in message
>news:[email protected]...
>
>> That is a refreshing point of view, and I would love to 100% support it.
>> However, hospitals and doctors need to be profitable, at least to the
>> extent they aren't losing money. To find the right balance between
>> reasonably profitable and not losing money is the problem, both from the
>> doctors' point of view and the patients'.
>>
>>
>> --
>> Best regards
>> Han
>
>i'm not an expert. i'm wondering why do hospitals need to be profitable?

Because unprofitable businesses don't stay around long.

>just had a thought, when the government builds a road i don't think there's
>any expectation it's going to turn a profit, it surely profits us all, and
>it enables businesses to profit, but (non-toll, and probably a good many
>toll) roads, i don't think, earn a profit.

Whew! a breath. Many cities own hospitals. Sometimes that even
works. The federal government has no business owning hospitals or
doctors (or insurance companies, banks, car manufacturers,...)


>infrastructure. can't the
>health of citizens, by some stretch of the imagination, be considered
>"infrastructure"? or toward some common good?

Theft is a common good? Leftists sure think it is.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:15 PM

Too_Many_Tools wrote:

>
> Deficit spending and the WPA kept millions of people from starving.
>
> I think that is accomplishing something.

Yes, but if avoiding starvation was the goal, they did it the wrong way.

Simply handing out food would have been cheaper, more efficient, and more
universal. Once again, a government program with a lofty goal, cost twice as
much as it should and didn't fully address the problem.

>
> Go hungry for a week and get back to us with your changed attitude.
>
> As for excessive spending...where were you when Bush spent a TRILLION
> dollars on a war that had no Iraq - 9/11 connection.
>


Right here. I was also right here when Obama committed $1.85 trillion more
than revenue in the first quarter of this year. I'll be here as he spends
another $6.6 trillion (in excess of revenues) over the next few years.
http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg

The sad part is, Obama's expenditures don't guarantee we get to kill any
enemies.

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 9:19 AM

rangerssuck wrote:
>
> Well I think you've hit the nail on the head. The problem here is that
> those on the right really don't believe that there is such a thing as
> "common good." They believe that the good of individuals is the only
> goal. As long as I am doing well, it doesn't really matter how you are
> doing - that's your problem.

Right. Adam Smith settled this hash in the 18th Century with the publication
of "The Wealth of Nations." In that work, he posited the "Invisible Hand"
(viz.) concept which, briefly, says that when all act in their own best
interests, the community, as a whole, prospers.

Conversely, history has demonstrated that when all are compelled to work for
the "common good" the community suffers.

Sk

Swingman

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 6:58 PM

Hawke wrote:

> Right wingers are so quick to plonk people. It's no wonder. They truly hate
> hearing facts that prove they don't know what they are talking about. The
> plonk you just heard was the sound of another right winger's mind slamming
> shut to keep the truth from getting in.

And here I thought we finally had someone with a fresh slant on things,
instead it's more of the same idealogical Chinese wall ... you should
practice what you preach, Dude!

--
www.e-woodshop.net
Last update: 10/22/08
KarlC@ (the obvious)

g

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 7:21 PM

On Jun 4, 11:13=A0pm, "Hawke" <[email protected]> wrote:
> > >>> There seems to be a stereotype that "liberals" are the lazy sorts o=
f
> > >>> people who interrupt TV viewing only to go to soup lines, or smoke
> > >>> harmful substances, whereas "conservatives" are hard working, self
> > >>> reliant people who are very well off due to their own perseverance =
and
> > >>> work ethic.
>
> > >>> And yet, the few self proclaimed or suspected liberals and Obama
> > >>> supporters of this newsgroup, seem to be very well off, accomplishe=
d
> > >>> people, whereas many conservatives, while intelligent and interesti=
ng
> > >>> people on many levels, are not exactly above that kind of level of
> > >>> attainment.
>
> > >> Show us your data. =A0IOW, you're talking out your a$$.
>
> > >>> If that is the case, is that perhaps the time to reconsider our
> > >>> stereotypes?
>
> > >> Perhaps you should reconsider yours.
>
> > >i think what he is saying is that your stereotypes should be the
> > >same as his...
>
> > Ah, yes. =A0That is the leftist's way.
>
> At least that is what you think the leftist's way is. What people are
> forgetting is that there are stereotypes, which do have some truth to the=
m,
> and then there is reality. There are concrete things that actually make
> someone a liberal or a conservative. They each have their own ways and
> beliefs. The problem is when one side makes claims about the other side
> which are not true, which is usually the case. In this group, which is
> filled with right wingers and republicans denigration of "liberals" are
> posted constantly. That's because the "wingers" detest anyone who has vie=
ws
> that are different from theirs (a conservative trait). Proof of this is t=
he
> unending stream of criticism and invectives directed at liberals by them.
>
> Take one trait that is common among liberals; tolerance. This same trait =
is
> not shared or highly regarded by conservatives. A trait they like a lot m=
ore
> is authority or hierarchy. Each group has it's own group of attributes an=
d
> they are not shared much by the other group. Both groups have a low opini=
on
> of the other group. But if you want to know the facts about one group or =
the
> other you don't ask the other side because most of what they think is wro=
ng.
> Anyone can find the truth about liberals or conservatives if they want bu=
t
> for most people it's a lot easier to simply call the other group names an=
d
> say nasty things about them. On this group, most of the people doing that
> are conservatives. That's is not an opinion. It's a fact.
>
> Hawke- Hide quoted text -
>
> - Show quoted text -

I have always noticed that people will never laugh at anything that is
not based on truth.
- Will Rogers

http://www.southparkstudios.com/guide/1002/

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 5:58 AM

On Jun 9, 6:37=A0am, "Upscale" <[email protected]> wrote:

>
> Disabled people (most of them anyway) don't want pity and they don't want=
to
> be patronized. All they want is to be accepted for the people they are an=
d
> at least have a relatively equal footing when it comes to living their
> lives. That's one area where your hated universal health care comes in. I=
t
> allows me to have a modicum of self respect and in most cases go about a
> relatively normal life ~ a working life where I can contribute something =
and
> give back the best I can. Your outlook and comments show that it's just n=
ot
> in you to comprehend that, even if you were to eventually experience a
> seriously affecting disability. That's something I'd never wish on anybod=
y,
> not even you, because all that would happen is that you'd hate the system
> and the world even more than you currently do.

Very well put, Dave.
Angela's background has always, in one form or another, dealt with
rehab patients. Many end up with disabilities which will be permanent,
and of varying degrees. All of them go through a period of mixed
emotional adjustments and, with few exceptions, come out stronger than
a lot of able-bodied people. The 'woe-is-me' is quickly seen by them
as a lose-lose attitude and the last thing they want is for somebody
to remind them what condition they're in. They fucking-well know. They
have taken inventory of what is good about them and when people try to
diminish those good parts by focusing on the missing limb(s), it
appropriately pisses them off.
All the while, they do appreciate the ramps that have been built, the
curbs which have been dropped, the wider doors on washroom facilities,
and the medical care which helps them along. And why not? You can
transform an entire city block into a wheelchair friendly environment
for the price it costs to send a politician on a junket to Vegas. (The
bad part about Vegas junkets for politicians, is that the fuckers come
back!)
What did it cost to get Obama elected? What if somebody gave 25% of
that to Dean Kamen and asked him to focus on war veterans?

Don't get me started. People like Timbo bitch about their shoes, but
don't see the guy who doesn't have legs.

RC

Robatoy

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 6:13 AM

On Jun 9, 8:41=A0am, "HeyBub" <[email protected]> wrote:

>
> And there are still some adults in positions of responsibility. Ruth Bade=
r
> Ginsburg(!) just ordered a stay in the sale of Chrysler to Fiat to keep 1=
st
> priority bond holders from being forced to take 23=A2 on the dollar.

By the time those efficiency experts at SCOTUS are done with this,
they'll be lucky to get 10=A2 on the dollar.

rr

rjd

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 4:17 PM

On Jun 4, 6:12=A0pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

If I liberally apply a protective finish to one of my wood projects to
conserve it, what does that make me?

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 3:18 PM

Too_Many_Tools wrote:
> On Jun 9, 12:55 pm, Tim Daneliuk <[email protected]> wrote:
>> Too_Many_Tools wrote:
>>> On Jun 9, 12:24 am, Tim Daneliuk <[email protected]> wrote:
>>>> Too_Many_Tools wrote:
>>>>> On Jun 8, 3:52 pm, "HeyBub" <[email protected]> wrote:
>>>>>> Too_Many_Tools wrote:
>>>>>>> LOL...another winger who would like to live The Great Bush Depression.
>>>>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>>>>>> what Bush screwed up in EIGHT years?
>>>>>> Bush Depression? That's not true.
>>>>>> During the Bush years we had 22 consecutive quarters of economic growth. Low
>>>>>> unemployment, high productivity, and negligible inflation. All this in spite
>>>>>> of Katrina, two wars, and a couple of bursting bubbles.
>>>>>> Then the Democrats took over Congress.
>>>>>> It took them less than 18 months to fuck it all up.
>>>>>> Here's one chart I could find regarding recent GDP growth by quarter:http://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>>>>>> Notice the rough average for the Bush years shown is about 2.25%. Since the
>>>>>> 3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
>>>>>> and unemployment is 9.8%.
>>>>>> And if you can blame Bush for what happened during the last 100 days of his
>>>>>> administration, then you've got no complaint when criticism is leveled at
>>>>>> the first 100 days of Obama's.
>>>>> The Great Bush Depression.
>>>>> If Obama isn't sucessful, your children will remember it as that.
>>>> If Obama is successful, the republic will at least be deeply damaged
>>>> and may not ever recover fully.
>>>> If he is not successful it will hopefully remind the Sheeple why they
>>>> kicked Carter out after one term and why they need to do the same
>>>> with Obama.
>>>> What our children (and grandchildren, and their children ...) will call
>>>> anything is moot. They'll be too busy paying off this generation's
>>>> debt fostered in parts by a stupidly run government trying to spend
>>>> its way out of debt, a bunch of greedy pigs in the population that
>>>> want all the trappings of affluence whether they've earned them
>>>> or not, and some unprincipled financial folks who knew they could
>>>> take insane risk because the Obama's of this world would bail out
>>>> their mistakes. No, I don't think they'll call it The Great Bush
>>>> Depression. I think they'll call it "How I Got Shafted By My
>>>> Stupid, Greedy, #$%^&* Grandparents".
>>>> --
>>>> ----------------------------------------------------------------------------
>>>> Tim Daneliuk [email protected]
>>>> PGP Key: http://www.tundraware.com/PGP/
>>> You mean as they will be paying off the deficit that Bush ran up?
>> You are confused. The deficit existed going back all the way
>> to WWII. The exception was the Regan peace dividend that
>> Clinton managed not to screw up. You may recall that we
>> were attacked in 2001 and this required military response.
>> This takes money. It was also the judgment of both the
>> Rs and the Ds that Sadaam was a threat and needed remediation -
>> this required money. (Never mind the current Democrat amnesia
>> about just who voted for what). 'Hardly "Bush's" deficit alone.
>>
>>
>>
>>> Amazing how you completely ignore the Republican contribution.
>> Oh there is plenty of R contribution, but it will end up being
>> rounding error compared to what The Messiah wants to spend.
>>
>>
>>
>>> Are you aware that Cheney recently admitted that there was NO
>>> connection between Iraq and 9/11.
>> There never was, nor was it ever so claimed. He didn't "admit"
>> anything. He repeated what was always stated by the administration.
>>
>>
>>
>>> So why did we fight a TRILLION dollar war?
>> To:
>>
>> 1) Show the Islamic world we could not tolerate their butchers.
>> 2) Free the people of Iraq to make their own choices.
>> 3) Stop a murderous thug that was funding Palestinian suicide bombers.
>> 4) Stop genocide.
>> 5) Create a military leverage point to put meaningful pressure
>> on the worst regime on the region: Iran.
>>
>> All these benefits have subsequently been undermined or outright
>> rescinded with the election of the ObamMessiah who is a feeble
>> child in the world of geopolitics. Maybe he can repeat Carter's
>> record and stand by while a bunch of American diplotmats get
>> locked up (and worse) by some Islamic thugs.
>>
>>
>>
>>> TMT
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> Many words but little truth.
>
> Bush started with a budget surplus and ended with a trillion dollar
> deficit.
>
> And history will show that.
>
> TMT

You can find out how big this surplus was by examining the size of the
reduction in the national debt. You'll discover the surplus was
imaginary as the debt has increased every year since Eisenhower actually
reduced the debt in '59 or '60.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 10:40 AM

On Jun 8, 1:22=A0am, Tim Daneliuk <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>
> >> . The thing the Republicans supported - in the
> >> last administration - was less than a trillion ($837 billion if I reca=
ll
> >> correctly).
>
> > ...and made most of it disappear.
>
> So much unlike the nearly $4T Our Dear Leader at present a flushed in
> less than 6 months.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

LOL...another winger who would like to live The Great Bush Depression.

What's the matter? Disappointed that Obama hasn't fixed in a 100 days
what Bush screwed up in EIGHT years?

TMT

GA

Gunner Asch

in reply to Too_Many_Tools on 08/06/2009 10:40 AM

14/06/2009 1:19 PM

On Tue, 9 Jun 2009 06:11:11 -0700 (PDT), Robatoy
<[email protected]> wrote:

>On Jun 9, 8:41 am, "[email protected]" <[email protected]> wrote:
>> On Jun 9, 6:04 am, Tim Daneliuk <[email protected]> wrote:
>>
>> . The only place that government does a> consistently outstanding job is running the military and arguably the
>> > DOJ.
>>
>> Even the military have figured out that using contractors to run mess
>> halls and repair facilities is more efficient than having the
>> government do the work.
>>
>A lot of that had more to do with handing lucrative contracts to
>friends and relatives of Dick Cheney.

The opinion of a Leftwing Drone is noted with extreme amusement.

One notes that Clinton was deeply involved in setting up the
contractors. And yet this Drone claims it was Cheney.


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 1:01 PM

On Jun 5, 2:18=A0pm, Robatoy <[email protected]> wrote:
> On Jun 5, 2:39=A0pm, Steve Turner <[email protected]> wrote:
>
>
>
> > Morris Dovey wrote:
> > > Curious Man wrote:
> > >> There seems to be a stereotype that "liberals" are the lazy sorts of
> > >> people who interrupt TV viewing only to go to soup lines, or smoke
> > >> harmful substances, whereas "conservatives" are hard working, self
> > >> reliant people who are very well off due to their own perseverance a=
nd
> > >> work ethic.
>
> > >> And yet, the few self proclaimed or suspected liberals and Obama
> > >> supporters of this newsgroup, seem to be very well off, accomplished
> > >> people, whereas many conservatives, while intelligent and interestin=
g
> > >> people on many levels, are not exactly above that kind of level of
> > >> attainment.
>
> > >> If that is the case, is that perhaps the time to reconsider our
> > >> stereotypes?
>
> > > I've always thought that "conservative" meant "not in favor of changi=
ng
> > > some established norm"; and that "liberal" indicated a willingness to
> > > try new approaches...
>
> > > I had a seventh grade teacher who gave my class some interesting
> > > guidance: "I don't want you to have closed minds, nor do I want you t=
o
> > > have open minds," he said, "I want you to have /openable/ minds - to
> > > hold to what you know to be true, and to be prepared to replace the o=
ld
> > > ideas when you gave good reason to /decide/ that something is more tr=
ue
> > > or works better."
>
> > > Does that make one a conservative liberal or a liberal conservative? =
:)
>
> > Whatever it is, I'm one of 'em. =A0:-)
>
> > --
> > Any given amount of traffic flow, no matter how
> > sparse, will expand to fill all available lanes.
> > To reply, eat the taco.http://www.flickr.com/photos/bbqboyee/
>
> Yup. Me too. From a business perspective I'm a conservative. Small
> government, low taxes, yadda, yadda. I'm anti abortion, but pro-
> choice. I defend the right to own weapons. I think there should be a
> central health-care system open to all, but more open to those who can
> afford it, as long as it doesn't displace somebody from a list who
> needs care. Cancer treatment is one thing, cancer treatment at a
> country-club should be an option if you have the money.
> I saw what you Americans can do when my sister needed the best of
> care, and my hat is off to you for that kind of quality.
> I am also aware of the bankruptcies caused by basic old-age care in
> your fine country.
> So I guess I'm a pinko-commie-librul when it comes to taking care of
> those old people who built the countries we get to enjoy.
> I was originally taken in by Bush's rhetoric on 'compassionate
> conservatives' just to find out he was lying warmongering megalomaniac
> who had an inferiority complex to the point that all he wanted to do
> was please his daddy...how sick was that?
> Bush did more to set back the concept conservatism than anybody I can
> think of.
>
> Put me in the middle, but don't call me a moderate-anything, because
> that pisses me off. I'm quite vehement about those things I think are
> right. I try to advance the technology in work-surface products and
> now teach the skills at a local college to those who also think this
> can be a real business. Now... here comes the funny part. The college
> wanted to pay me. I passed. Not because I was feeling particularly
> benevolent, but I would have to spend more money for somebody to fill
> out the paperwork for the current government than I stood to make from
> the whole project. WHICH makes me a non-liberal.
>
> Ha!!

Good post.

FYI...it was recently noted that 60% of the personal bankruptcies are
due to medical costs.

TMT

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:21 PM

Robatoy wrote:
> On Jun 11, 3:47 pm, Tim Daneliuk <[email protected]> wrote:
>
>> No, the sad part is that the foaming [insert whatever it is, but it sure is foaming]....
>
> What is with you and that foam thing. Were you, as a child, left in
> the bathtub with a bar of soap...for too long?
>

The Bush-haters tend to spit and foam a lot when they talk. In person
I make it a point of stepping back a bit to avoid the shower. What's
really funny is that the Bush haters accuse anyone that disagrees with
them in any small way as somehow being a rightwing stooge, a staunch
Republican, or a Bush-supporting neocon. Apparently, at least in some
quarters, the most complicated information space people are capable
of considering is binary.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 10:18 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Too_Many_Tools wrote:
> > On Jun 9, 12:16 am, Tim Daneliuk <[email protected]> wrote:
> >> Too_Many_Tools wrote:
> >>> On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
> >>>> Robatoy wrote:
> >>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
> >>>>>> And if you can blame Bush for what happened during the last 100
days of his
> >>>>>> administration, then you've got no complaint when criticism is
leveled at
> >>>>>> the first 100 days of Obama's.
> >>>>> That, of course, is a crock of shit.
> >>>>> Bush had the best part of 7 years to take a run at his last 100
days,
> >>>>> as opposed to Obama who got the aftershocks AND he started from
> >>>>> scratch.
> >>>>> To compare both is ludicrous.
> >>>>> I can't believe you made that comparison.
> >>>>> r
> >>>> OK, so with what do you disagree:
> >>>> 1) Bush had over 5 years of quarter-over-quarter growth.
> >>>> 2) The Dems took over Congress and in less than two years
> >>>> the growth stopped.
> >>>> These are both factual statements BTW, but I am less inclined to a
> >>>> cause-effect relationship in 2) than the political Right believes.
The
> >>>> underlying problem here started way before Bush was every in office.
> >>>> It has its roots in the neverending evil of believing that government
> >>>> should be in the "social justice" business and that government can
> >>>> ignore economic reality - to whit, that it could jigger the financial
> >>>> system to "encourage" lending to low income earners, crack whores,
and
> >>>> other Democrats and that there would be no consequence to such a
> >>>> program. The people who affirmed such programs were dead wrong. It's
a
> >>>> tribute to the strength of our markets and the power of Capitalism
> >>>> that it took as long as it did to crater. In short, this is not a
> >>>> "Bush" problem. It is a "stealing from some to give to others"
problem
> >>>> that's been around well over 5 decades.
> >>>> BTW, Obama did not "start from scratch". He exploited an economic
> >>>> problem to implement his quasi-Marxist lunacy. There were far less
> >>>> overreaching ways the government could have engaged with the economy
> >>>> other than taking everything over. Even assuming that the credit
> >>>> liquidity problem was as bad and dangerous as claimed, Obama could
> >>>> have had his silly little bailouts without also signing up for the
> >>>> biggest pork spending bill in history.
> >>>> --
>
>>>> -----------------------------------------------------------------------
-----
> >>>> Tim Daneliuk [email protected]
> >>>> PGP Key: http://www.tundraware.com/PGP/
> >>> Tim...the supposed growth you are noting is smoke.
> >>> Want to tell us how the deficit spending was doing at that time?
> >>> And very convenient how you are ignoring the money that Bush threw at
> >>> the liquidity problem...are you legally blind to any Republican
> >>> faults?
> >>> TMT
> >> Bush did not throw liquidity at the problem. The Fed did, and they
> >> are nominally an independent board.
> >>
> >> The growth - much of it - was very real. The problem today is not
> >> that there was not real growth, it is that the system got hijacked
> >> by an irresponsible government, population, and credit system
> >> for decades in some cases.
> >>
> >> Deficit spending did amp up under W - something he is very properly
> >> criticized for. And yes, there are many Republican faults. But
> >> this subthread of "it's all W's fault" is nonsense. If W is guilty
> >> in part, it is a pretty small part. There are decades of governmental
> >> stupidity that account for far, far more. A casual look at your
> >> tax booklet will illuminate the fact that well over half of
> >> Federal government spending is on social entitlements that are neither
> >> Constitutionally legitimate, nor a very smart investement. You want
> >> to blame someone, start with FDR, visit Johnson, Nixon, Carter,
> >> Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
> >> Durbin, Schumer, et al. And yes, I left Reagan out because his few
> >> downsides here were vastly overweighed by the peace dividend he
> >> produced in finally decapitating the Sovs.
> >>
> >> --
>
>> -------------------------------------------------------------------------
---
> >> Tim Daneliuk [email protected]
> >> PGP Key: http://www.tundraware.com/PGP/
> >
> > Uh...better check out who Mr. Bailout really was....Bush.
> >
> > TMT
>
> It seems you have trouble with both reading what I wrote and elementary
> arithmetic. Bush improperly spent money - he was a Republican statist.
> But he spent a *fraction* of the money - even on bailouts - that
> the current Marxist-in-all-but-name President has and intends to.
> Bush was a broken leg to the republic. Our Dear Leader of the moment
> is a fatal cancer.


You got a problem. We have a former president in Bush that has a full eight
year record that we can take apart and evaluate, and it looks real bad. We
also have a brand new president, Obama, who has barely been running things
for four months and he started off in the worst hole any president has faced
except for FDR. After four months of the Obama presidency you have
pronounced him to be a cancer, a fatal cancer. You are obviously projecting
what you think will happen in the future. Did you predict that Bush would
lead us into the worst economic disaster since the Depression? Don't bother,
I know you had no idea Bush would be horrible. I, on the other hand, said in
2001 that Bush would lead us into a war, would run up a tremendous debt, and
would make all Americans poorer. So here we stand with Bush as the worst
screw up ever, and you never saw it coming, and Obama, who is just getting
started, you predict his presidency to be a disaster. Can you see the
problem? You ain't too hot when it comes to predictions about how a
president will do. Not only that, this time I am predicting you are going to
be 100% wrong about Obama too and that his efforts will lead to a very good
financial recovery. It'll take time but he'll get things turned around. You
know why? He won't do what Bush did. Give Obama at least a year before
writing him off. Because you're going to look really stupid if we have a
good year in 2010, which is what I am predicting. You predict a disaster.
Let's see if you are still a shitty predictor as in the past.

Hawke

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:26 PM

Tom Watson wrote:
> Anyone been keeping an eye on our resident troll?
>
>
> Dave? You there?
>
>

Is it possible the bridge under which he lives collapsed and is currently
under repair with stimulus monies?

----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 6:51 PM

On Jun 17, 5:31=A0pm, "Upscale" <[email protected]> wrote:
> "Lew Hodgett" <[email protected]> wrote in message
> > > bar ~ You know, the necessities in life.
>
> > Does 50 miles due north of Toronto qualify?<G>
>
> Apologies, I should have qualified that a little further. My ideal locati=
on
> would preclude snow of any type, in any season unless it's the local hock=
ey
> rink. Something temperate, you know, not too hot, not too cold...
>
> Money being in relatively unlimited supply after winning a 50 million dol=
lar
> lottery, I've considered where I'd move to, probably somewhere in the US,
> but that's also problematic. I've considered Kansas since it really is
> supposed to be flatter than a pancake (since I hate hills so much), but
> they've got tornados. Then there's Florida, but they get hurricanes and
> flooding. It might be California, but they've got big earthquake potentia=
l
> and the inevitable, several time a year brush fires, so that's out.
>
> If it's not tornados, it's floods and if it's not floods, it's brush fire=
s.
> So, maybe 50 miles north of Toronto does qualify. :)

FYI...

http://www.bestplaces.net/

Good luck.

TMT

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 9:00 PM

On Jun 8, 5:07=A0pm, Tim Daneliuk <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>
> >> And if you can blame Bush for what happened during the last 100 days o=
f his
> >> administration, then you've got no complaint when criticism is leveled=
at
> >> the first 100 days of Obama's.
>
> > That, of course, is a crock of shit.
> > Bush had the best part of 7 years to take a run at his last 100 days,
> > as opposed to Obama who got the aftershocks AND he started from
> > scratch.
> > To compare both is ludicrous.
> > I can't believe you made that comparison.
>
> > r
>
> OK, so with what do you disagree:
>
> 1) Bush had over 5 years of quarter-over-quarter growth.
>
> 2) The Dems took over Congress and in less than two years
> =A0 =A0the growth stopped.
>
> These are both factual statements BTW, but I am less inclined to a
> cause-effect relationship in 2) than the political Right believes. The
> underlying problem here started way before Bush was every in office.
> It has its roots in the neverending evil of believing that government
> should be in the "social justice" business and that government can
> ignore economic reality - to whit, that it could jigger the financial
> system to "encourage" lending to low income earners, crack whores, and
> other Democrats and that there would be no consequence to such a
> program. The people who affirmed such programs were dead wrong. It's a
> tribute to the strength of our markets and the power of Capitalism
> that it took as long as it did to crater. In short, this is not a
> "Bush" problem. It is a "stealing from some to give to others" problem
> that's been around well over 5 decades.
>
> BTW, Obama did not "start from scratch". He exploited an economic
> problem to implement his quasi-Marxist lunacy. There were far less
> overreaching ways the government could have engaged with the economy
> other than taking everything over. Even assuming that the credit
> liquidity problem was as bad and dangerous as claimed, Obama could
> have had his silly little bailouts without also signing up for the
> biggest pork spending bill in history.
>
> --
> -------------------------------------------------------------------------=
---
> Tim Daneliuk =A0 =A0 [email protected]
> PGP Key: =A0 =A0 =A0 =A0http://www.tundraware.com/PGP/

Tim...the supposed growth you are noting is smoke.

Want to tell us how the deficit spending was doing at that time?

And very convenient how you are ignoring the money that Bush threw at
the liquidity problem...are you legally blind to any Republican
faults?

TMT

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 7:10 PM

Ed Huntress wrote:

>>
>> Nonsense. Take a look at what is going on in places like Wal-Mart
>> and other large chain clinics that are operating on a no-insurance
>> basis (at least some of them are) and compare their prices to the
>> costs assessed in traditional government-supported care facilities.
>> It's not even close. Take a look at what happens to pharma prices
>> when the regulatory bozos get out of the way and let people
>> order their meds over the internet.
>
> Nonsense back at you. <g> If you select a few treatments, drugs, and
> tests that you're going to supply to the exclusion of all others, and
> don't have to carry the full overhead of a regular medical facility,
> you can make them as cheap as you want to. It all depends on what
> you're going to do.
> As for letting the regulatory bozos get out of the way, Wal-Mart's
> clinics are fully government regulated, and they are in most, if not
> all cases, co-sponsored by local hospitals. If someone shows up with
> something more serious they send them on to the hospital:
>
> http://walmartstores.com/FactsNews/NewsRoom/6419.aspx
>
> Wal-Mart's initiative is a good one, but it's a part of the existing
> system -- licensing, regulation, and so on. They're regulated the
> same as any other pharmacy or treatment facility. They just
> concentrate on the least expensive kinds of work. As for high pharma
> prices, they're the result of the US having the world's only major
> drug market with no price regulation. When you buy patented drugs or
> generics, you're paying the free-market price for either one. The
> high prices are not the result of regulation; they're the result of
> LACK of regulation. Just look at what the same drugs cost in other
> countries, where prices are regulated to beat hell.

Right. The U.S. is subsidizing the drugs for the rest of the world. If a
drug company manufacturers a drug they probably plan on recouping their
investment by sales in the U.S. Discounted sales to other countries (greater
than manufacturing costs) are gravy.

Conversely, it's a balance of terror situation. If a drug company declines
to sell its patented drug to, say, Canada at a steep discount, Canada can
simply say we won't recognize the patent on the drug - it's for the
children. This will set off massive retaliatory measures on both sides,
probably leading to war and pestilence.

In that case, one can only hope for the popcorn concession.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 12:43 AM

On Jun 5, 10:35=A0pm, Steve Turner <[email protected]> wrote:
> Too_Many_Tools wrote:
> > On Jun 5, 4:04 pm, Steve Turner <[email protected]> wrote:
> >> Drew Lawson wrote:
> >>> In article <[email protected]>
> >>> =A0 =A0"Hawke" <[email protected]> writes:
> >>>> Take one trait that is common among liberals; tolerance. This same t=
rait is
> >>>> not shared or highly regarded by conservatives. A trait they like a =
lot more
> >>> I must call bullshit on that one.
> >>> I find tolerance to be about equally practiced by liberals and
> >>> conservatives, though you may find it preached more frequently by
> >>> (political) liberals.
> >>> It is a trait I rarely see displayed by pundits of either side.
> >> That's one of the reasons I said Hawke's post was a load of shit. =A0M=
ost
> >> of the most vehemently intolerant people I know are liberals. =A0Of
> >> course, that depends on what your definition of "intolerant" is... =A0=
If
> >> it's aimed in the right direction, it's somehow "justified".
>
> > I think there are "intolerant" people of both political persuasions.
>
> I wouldn't disagree with that.
>
> > In my experience the conservatives are the ones who win the SOB Award.
>
> You sound intolerant of conservatives.
>
> > But the OP noted...and I agree...that many of the postings we see here
> > are from conservatives ranting and stamping their feet about the
> > latest "injustice".
>
> I normally steer completely clear of political discussions, and I try to
> stay as neutral and open as possible, but every once in a while a
> bullshit statement like that just gets my goat. =A0I've been in and out o=
f
> here (rec.woodworking, that is) many times over the last eight to ten
> years, but for the past six months or so it's been regular enough to
> form a fairly solid opinion of the current overall "climate". =A0My
> 10-second summary from a 50-foot view? =A0Both sides get a big charge out
> of stirring up shit, but as soon as a debate starts up it's the liberals
> who are so quick to shout insults and foam at the mouth, and that just
> rubs me wrong (in a totally non-partisan way). =A0I don't know *what*
> forum you're referring to when you say it's the conservatives who are
> "ranting and stamping their feet", but it's not the same one I'm
> reading. =A0Trust me, I'm just about the most impartial observer one coul=
d
> hope to find, but if I was going to hand out a "calm and collected"
> award it would go the conservatives, hands down.
>
> > Read the responses to this discussion...
>
> I have, several times.
>
> > and note that the conservatives are the ones bitching.
>
> I drew no such conclusion.
>
> --
> If it ain't perfect, improve it...
> But don't break it while you're fixin' it!
> To reply, eat the taco.http://www.flickr.com/photos/bbqboyee/

You need to get out more...rec.woodworking is one of the more
civilized groups.

Cruise some of the other groups and you will see conservatives doing
as I said.

Try googling "Gunner" and be prepared for a year's worth of ranting.

There are many more.

TMT

g

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 5:20 PM

On Jun 5, 11:40=A0am, "Ed Huntress" <[email protected]> wrote:
> "Doug Winterburn" <[email protected]> wrote in message
>
> news:[email protected]...
>
>
>
>
>
> > Morris Dovey wrote:
> >> Curious Man wrote:
> >>> There seems to be a stereotype that "liberals" are the lazy sorts of
> >>> people who interrupt TV viewing only to go to soup lines, or smoke
> >>> harmful substances, whereas "conservatives" are hard working, self
> >>> reliant people who are very well off due to their own perseverance an=
d
> >>> work ethic.
>
> >>> And yet, the few self proclaimed or suspected liberals and Obama
> >>> supporters of this newsgroup, seem to be very well off, accomplished
> >>> people, whereas many conservatives, while intelligent and interesting
> >>> people on many levels, are not exactly above that kind of level of
> >>> attainment.
>
> >>> If that is the case, is that perhaps the time to reconsider our
> >>> stereotypes?
>
> >> I've always thought that "conservative" meant "not in favor of changin=
g
> >> some established norm"; and that "liberal" indicated a willingness to
> >> try new approaches...
>
> >> I had a seventh grade teacher who gave my class some interesting
> >> guidance: "I don't want you to have closed minds, nor do I want you to
> >> have open minds," he said, "I want you to have /openable/ minds - to
> >> hold to what you know to be true, and to be prepared to replace the ol=
d
> >> ideas when you gave good reason to /decide/ that something is more tru=
e
> >> or works better."
>
> >> Does that make one a conservative liberal or a liberal conservative? :=
)
>
> > a difference in the meaning of "equality" - equal opportunity vs equal
> > outcome.
>
> As should be clear from the last half-century of debates about human righ=
ts,
> that's a false dichotomy. It's another 18th-century Enlightenment conceit
> that sounds good in theory, and that helps maintain the logic of (classic=
al)
> liberal thought, but it falls apart in practice.
>
> I liked the analogy made by someone back when affirmative action was firs=
t
> being discussed, around 1970 or so. He said that breaking down legal
> barriers to employment opportunity was like telling someone who had been
> chained up for 20 years that, now that his chains were removed, he is
> expected to compete in a 100-yard dash on an equal basis. "Now, go run, a=
nd
> no more complaints from you," it says.
>
> --
> Ed Huntress- Hide quoted text -
>
> - Show quoted text -

If you believe in "reverse racism", then you believe in racism.

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 6:20 PM

On Jun 7, 11:09=A0am, "HeyBub" <[email protected]> wrote:
> Too_Many_Tools wrote:
>
> > LOL...tell me...what will the millions of Americans do in the next few
> > years for retirement when their 401Ks are worth nothing, their houses
> > are worth much, much less and with millions living off what savings
> > they might have?
>
> Get a job?
>
>
>
> > Or the damning fact that 60% of bankruptcies are medical related...and
> > you incur most of your medical costs after retirement.
>
> No biggie. Bankruptcies have to be caused by something, else there wouldn=
't
> be any.
>
>
>
> > And you do realize that this deep, deep recession has a long way to go
> > yet. Best estimates that the economy MAY bottom out late next year. So
> > how deep of pockets do you have..especially if government payments are
> > cut?
>
> You're right. One will just have to cut back on expenses.
>
>
>
> > The truth in life is that you can do everything right and still arrive
> > at retirement penniless.
>
> Yep.

Yeah...I thought you might know.

Wingers only know how to make a mess.

TMT

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 3:57 PM

RB wrote:
> Lew Hodgett wrote:
>> HeyBub wrote:
>>
>> <snip an obvious troll>
>
> snip at your own peril.
> Heybub is a sharp guy with a good sense of humour.
> He can't do anything about a closed mind though.

Thanks, RB.

By the way, how's our uncle Albert? Last I heard it fell off.

Oops.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:24 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> HeyBub wrote:
>>>>> Too_Many_Tools wrote:
>>>>>
>>>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>>>
>>>>>> I think that is accomplishing something.
>>>>> Yes, but if avoiding starvation was the goal, they did it the wrong
>>>>> way.
>>>>>
>>>>> Simply handing out food would have been cheaper, more efficient, and
>>>>> more
>>>>> universal. Once again, a government program with a lofty goal, cost
>>>>> twice
>>>>> as
>>>>> much as it should and didn't fully address the problem.
>>>>>
>>>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>>>
>>>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>>>
>>>>> Right here. I was also right here when Obama committed $1.85 trillion
>>>>> more
>>>>> than revenue in the first quarter of this year. I'll be here as he
>>>>> spends
>>>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>>>
>>>>> The sad part is, Obama's expenditures don't guarantee we get to kill
>>>>> any
>>>>> enemies.
>>>>>
>>>>>
>>>> No, the sad part is that the foaming Bush-haters will never figure out
>>>> that however fiscally irresponsible Bush was (and he was), Obama
>>>> is at least an order of magnitude (base 10) worse, and he may
>>>> even top that before it's all over...
>>> That's not irresponsible. Deficit spending -- whether it's spending
>>> increases or tax cuts -- during a time of economic strength or stability
>>> is
>>> outright irresponsible. Cheney said "Reagan proved that deficits don't
>>> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>>>
>>> Obama is spending in a violent economic downturn. That's what most
>>> economists agree you should do. Then, like Clinton (who got lucky, but at
>>> least he didn't do a Bush), you try to pay down the debt in good times.
>>> That's Keynes.
>>>
>>> --
>>> Ed Huntress
>>>
>>>
>> It is far from demonstrated that what you've written above actually
>> works. It is a theory without demonstration.
>
> Well, it has a lot more "demonstration" than sitting on one's hands,
> Hayak-style, or of tightening money. Take a look at the list of recessions
> since 1948 in this Wikipedia entry:
>
> http://en.wikipedia.org/wiki/List_of_recessions#cite_note-23
>
> I wouldn't rely on their analyses, but they're all based on other references
> and documentation, which you could follow.
>
> Most modern recessions in the US have been associated with monetary policies
> that attempted to reverse inflation. It could be that the ones that ended at
> about the time of stimulus would have ended similarly anyway (and stimulus
> usually is too late to have maximum effect), but it's interesting that
> several of them seemed to respond to deficit spending, to some degree.
>
> In any case, deficit spending relieved some pain, so it may function more as
> an analgesic than as a cure in a mild or moderate recession. But those were
> all fairly mild recessions that can be attributed to normal business cycles.
> Not this one. This is a hellbender, having more in common with 1930 than
> 1953.
>
>> Consensus among academics
>> does not make something true, and this is all the more the case when
>> the discipline in question has gets an F- for its predictions in the
>> past. (A parallel example exists in the Global Cooling, I mean Global
>> Warming, oh, ... uh ... Climate Change community whose predictions
>> have universally been far wrong...)
>
> Yeah, the parallel is a good one, but I read it differently. You have the
> mainstream, which usually is right, and you have the cranks and ideologues
> on the fringes, who almost always are wrong.
>
> I'll go with the mainstream.
>
>> Spending money you do not have and have little hope of repaying if you
>> borrow it is flatly irresponsible whether it is Obama or the guy down
>> the street that bought a $300K house, a boat, and a 60" flatscreen TV
>> on a $55K income.
>
> Nations are not households. We spent much MORE money, as a percentage of
> national income (GDP) in the 1940s than we are now. A household would go
> bankrupt. A sovereign nation with its debt denoted in its own currency will
> not. From here on out, everything depends on getting healthy growth going in
> our economy. It may be a long shot but it's the only shot.
>
>> The issue at stake here is whether Obama can pull
>> off the "paying it back" part. I don't think he can. There isn't a
>> historical example that shows this will work and even you Keynesians
>> are worried he's not spending enough. We're in a lost endgame.
>
> I'm not worried that he's not spending enough. I think we'll have dismally
> slow growth no matter what, so I'm viewing the spending as an analgesic that
> will ease the pain while the economy has a chance to recover -- if it really
> does. In any case, there is no alternative.
>
> As for historical examples, look again at the aftermath of WWII. Our
> national debt was over 120% of our GDP -- twice what it will be at the end
> of this year -- yet we paid it down and the economy got going.
>
> There's a lot of skepticism about whether there's room for that kind of
> growth today, and I'm somewhat skeptical, myself. But, once again, that's
> the hand we're dealt, and it's the only game in town. Head down, hang onto
> the ball, and charge through that line...
>
> --
> Ed Huntress
>
>

I sure hope you're right ...

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:20 PM

Too_Many_Tools wrote:
>>
>> If Obama is successful, the republic will at least be deeply damaged
>> and may not ever recover fully.
>>
>> If he is not successful it will hopefully remind the Sheeple why they
>> kicked Carter out after one term and why they need to do the same
>> with Obama.
>>
>> What our children (and grandchildren, and their children ...) will
>> call anything is moot. They'll be too busy paying off this
>> generation's debt fostered in parts by a stupidly run government
>> trying to spend its way out of debt, a bunch of greedy pigs in the
>> population that want all the trappings of affluence whether they've
>> earned them
>> or not, and some unprincipled financial folks who knew they could
>> take insane risk because the Obama's of this world would bail out
>> their mistakes. No, I don't think they'll call it The Great Bush
>> Depression. I think they'll call it "How I Got Shafted By My
>> Stupid, Greedy, #$%^&* Grandparents".
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> You mean as they will be paying off the deficit that Bush ran up?

Bush ran up the debt, true. Obama increased the nation's debt more the first
WEEK of his administration than Bush did in eight years. Here's a chart.

http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg

The CBO projects $7.4 trillion increase in debt for 8 years of Obama. This
compares to about $1 trillion for the Bush term.

>
> Amazing how you completely ignore the Republican contribution.
>
> Are you aware that Cheney recently admitted that there was NO
> connection between Iraq and 9/11.
>
> So why did we fight a TRILLION dollar war?
>

1. We need to fight a war every decade or so to keep the tip of the spear
sharp. One wag recently remarked that every leader in the military, from
sergeant to four-star general, has led men in combat. That's not only
keeping the tip sharp, it's polishing it to a high luster.

2. Look what we did to Hussein: We invaded his country, kicked him out of
his homes, confiscated his fortune, exiled his family, imprisoned his
friends, killed his children, and, eventually, hanged his skanky ass. This
has to have a deterrent effect on some leaders similarily inclined.

3. Oil is a good reason to go to war. Hitler invaded Russia for oil. Japan
attacked the United States not only because we cut off oil exports to their
country but so they could invade the Dutch East Indies. Now we don't get oil
from Iraq - our politicians are way too smart to do that. But, since oil is
fungible, the oil that, say, China buys from Iraq means that more oil is
available from Nigeria. The world-wide price goes down as supply increases.
We'll easily recoup the cost of the war in ongoing cheaper oil.

I guess if you need more reasons, I could come up with some.

RC

Robatoy

in reply to "HeyBub" on 09/06/2009 4:20 PM

09/06/2009 3:05 PM

On Jun 9, 5:20=A0pm, "HeyBub" <[email protected]> wrote:

>
> 1. We need to fight a war every decade or so to keep the tip of the spear
> sharp. One wag recently remarked that every leader in the military, from
> sergeant to four-star general, has led men in combat. That's not only
> keeping the tip sharp, it's polishing it to a high luster.
>

Indeed. At Washington parties, the room goes all quiet when a highly
decorated general shows off his Granada ribbon.

Hh

"HeyBub"

in reply to "HeyBub" on 09/06/2009 4:20 PM

10/06/2009 9:09 AM

Robatoy wrote:
> On Jun 9, 5:20 pm, "HeyBub" <[email protected]> wrote:
>
>>
>> 1. We need to fight a war every decade or so to keep the tip of the
>> spear sharp. One wag recently remarked that every leader in the
>> military, from sergeant to four-star general, has led men in combat.
>> That's not only keeping the tip sharp, it's polishing it to a high
>> luster.
>>
>
> Indeed. At Washington parties, the room goes all quiet when a highly
> decorated general shows off his Granada ribbon.

That's understandable.

Same thing happens at a post PX when someone shows up wearing a "Gay Pride"
T-shirt.

The difference is which is beaten after the appearance.

Tt

Too_Many_Tools

in reply to "HeyBub" on 09/06/2009 4:20 PM

10/06/2009 9:15 PM

On Jun 10, 9:09=A0am, "HeyBub" <[email protected]> wrote:
> Robatoy wrote:
> > On Jun 9, 5:20 pm, "HeyBub" <[email protected]> wrote:
>
> >> 1. We need to fight a war every decade or so to keep the tip of the
> >> spear sharp. One wag recently remarked that every leader in the
> >> military, from sergeant to four-star general, has led men in combat.
> >> That's not only keeping the tip sharp, it's polishing it to a high
> >> luster.
>
> > Indeed. At Washington parties, the room goes all quiet when a highly
> > decorated general shows off his Granada ribbon.
>
> That's understandable.
>
> Same thing happens at a post PX when someone shows up wearing a "Gay Prid=
e"
> T-shirt.
>
> The difference is which is beaten after the appearance.

That Granada ribbon will get you beaten.

TMT

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 5:50 PM

On Jun 6, 4:27=A0pm, "Hawke" <[email protected]> wrote:
> "Steve Turner" <[email protected]> wrote in message
>
> news:MldWl.18436$%[email protected]...
>
>
>
> > Too_Many_Tools wrote:
> > > On Jun 4, 11:13 pm, "Hawke" <[email protected]> wrote:
> > >>>>>> There seems to be a stereotype that "liberals" are the lazy sort=
s
> of
> > >>>>>> people who interrupt TV viewing only to go to soup lines, or smo=
ke
> > >>>>>> harmful substances, whereas "conservatives" are hard working, se=
lf
> > >>>>>> reliant people who are very well off due to their own perseveran=
ce
> and
> > >>>>>> work ethic.
> > >>>>>> And yet, the few self proclaimed or suspected liberals and Obama
> > >>>>>> supporters of this newsgroup, seem to be very well off,
> accomplished
> > >>>>>> people, whereas many conservatives, while intelligent and
> interesting
> > >>>>>> people on many levels, are not exactly above that kind of level =
of
> > >>>>>> attainment.
> > >>>>> Show us your data. =A0IOW, you're talking out your a$$.
> > >>>>>> If that is the case, is that perhaps the time to reconsider our
> > >>>>>> stereotypes?
> > >>>>> Perhaps you should reconsider yours.
> > >>>> i think what he is saying is that your stereotypes should be the
> > >>>> same as his...
> > >>> Ah, yes. =A0That is the leftist's way.
> > >> At least that is what you think the leftist's way is. What people ar=
e
> > >> forgetting is that there are stereotypes, which do have some truth t=
o
> them,
> > >> and then there is reality. There are concrete things that actually m=
ake
> > >> someone a liberal or a conservative. They each have their own ways a=
nd
> > >> beliefs. The problem is when one side makes claims about the other s=
ide
> > >> which are not true, which is usually the case. In this group, which =
is
> > >> filled with right wingers and republicans denigration of "liberals" =
are
> > >> posted constantly. That's because the "wingers" detest anyone who ha=
s
> views
> > >> that are different from theirs (a conservative trait). Proof of this=
is
> the
> > >> unending stream of criticism and invectives directed at liberals by
> them.
>
> > >> Take one trait that is common among liberals; tolerance. This same
> trait is
> > >> not shared or highly regarded by conservatives. A trait they like a =
lot
> more
> > >> is authority or hierarchy. Each group has it's own group of attribut=
es
> and
> > >> they are not shared much by the other group. Both groups have a low
> opinion
> > >> of the other group. But if you want to know the facts about one grou=
p
> or the
> > >> other you don't ask the other side because most of what they think i=
s
> wrong.
> > >> Anyone can find the truth about liberals or conservatives if they wa=
nt
> but
> > >> for most people it's a lot easier to simply call the other group nam=
es
> and
> > >> say nasty things about them. On this group, most of the people doing
> that
> > >> are conservatives. That's is not an opinion. It's a fact.
>
> > >> Hawke
>
> > > Well said.
>
> > I beg to differ; I thought what he said was a load of shit.
>
> That's only because you're a right winger. You guys always dislike the
> truth. Especially when it's said about you. I'm sure we could confirm tha=
t
> by asking your wives or girlfriends.
>
> Hawke

And their boyfriends.

TMT

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 9:07 PM

On Jun 10, 6:58=A0am, "[email protected]" <[email protected]>
wrote:
> On Jun 5, 12:13=A0am, "Hawke" <[email protected]> wrote:
>
>
>
> > > >>> There seems to be a stereotype that "liberals" are the lazy sorts=
of
> > > >>> people who interrupt TV viewing only to go to soup lines, or smok=
e
> > > >>> harmful substances, whereas "conservatives" are hard working, sel=
f
> > > >>> reliant people who are very well off due to their own perseveranc=
e and
> > > >>> work ethic.
>
> > > >>> And yet, the few self proclaimed or suspected liberals and Obama
> > > >>> supporters of this newsgroup, seem to be very well off, accomplis=
hed
> > > >>> people, whereas many conservatives, while intelligent and interes=
ting
> > > >>> people on many levels, are not exactly above that kind of level o=
f
> > > >>> attainment.
>
> > > >> Show us your data. =A0IOW, you're talking out your a$$.
>
> > > >>> If that is the case, is that perhaps the time to reconsider our
> > > >>> stereotypes?
>
> > > >> Perhaps you should reconsider yours.
>
> > > >i think what he is saying is that your stereotypes should be the
> > > >same as his...
>
> > > Ah, yes. =A0That is the leftist's way.
>
> > At least that is what you think the leftist's way is. What people are
> > forgetting is that there are stereotypes, which do have some truth to t=
hem,
> > and then there is reality. There are concrete things that actually make
> > someone a liberal or a conservative. They each have their own ways and
> > beliefs. The problem is when one side makes claims about the other side
> > which are not true, which is usually the case. In this group, which is
> > filled with right wingers and republicans denigration of "liberals" are
> > posted constantly. That's because the "wingers" detest anyone who has v=
iews
> > that are different from theirs (a conservative trait). Proof of this is=
the
> > unending stream of criticism and invectives directed at liberals by the=
m.
>
> > Take one trait that is common among liberals; tolerance. This same trai=
t is
> > not shared or highly regarded by conservatives. A trait they like a lot=
more
> > is authority or hierarchy. Each group has it's own group of attributes =
and
> > they are not shared much by the other group. Both groups have a low opi=
nion
> > of the other group. But if you want to know the facts about one group o=
r the
> > other you don't ask the other side because most of what they think is w=
rong.
> > Anyone can find the truth about liberals or conservatives if they want =
but
> > for most people it's a lot easier to simply call the other group names =
and
> > say nasty things about them. On this group, most of the people doing th=
at
> > are conservatives. That's is not an opinion. It's a fact.
>
> > Hawke
>
> The real problem with most peoples politics(in my opinion), is that
> most people are uninformed politically. They base their assumptions &
> political viewpoints on whatever the media monster feeds them! Yet,
> most of the news media are owned and controlled by the liberals! GWB
> was no conservative by any stretch of the imagination! The issues that
> are affecting us is really all that matters! Political correctness is
> killing us! These stinking lousy politicians who keep pushing
> healthcare and education; what about our industries? Gone. Jobs? Gone.
> Marriage as a sacred institution? Gone. I guess my marriage is equal
> to a pair of homosexuals...To each his own, but when my grandson asks
> me what marriage is, I guess I say, 2 people...??? Insanity.
> =A0Besides a million and one issues that most Americans are really
> clueless about, liberalism and conservatism is about as relevant as
> Democrat versus Republican. How about Republicrats + Demicans? The
> titles are meaningless.The oligarchs fiddle while Rome is burning.
> Wake up people! Our president wants to lead the world, not the US of
> A! He has his own agenda going on, and it won't be to our benefit! At
> least we can know Mrs. BO's newest clothes style ideas. God help us.

Faux News is liberal?

I thought it was a circus.

TMT

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 11:58 AM

Ed Huntress wrote:
<SNIP>

> There is no real competition in the health care insurance industry, except
> for the management of large corporate accounts. Large corporations are not
> actually insured by insurance companies; they're self-insured, with the big
> insurance companies managing the account for a fee. Corporations have the
> best set of incentives to drive health care effectively and efficiently but
> it isn't like buying iron ore or accounting services for them, and they,
> too, are limited in how much they can shape the overall system.

Nonsense. Take a look at what is going on in places like Wal-Mart
and other large chain clinics that are operating on a no-insurance
basis (at least some of them are) and compare their prices to the
costs assessed in traditional government-supported care facilities.
It's not even close. Take a look at what happens to pharma prices
when the regulatory bozos get out of the way and let people
order their meds over the internet.

>
>> Prices are artificially high today
>> precisely because the providers are guaranteed government payment
>> for some part of the service or pharma vended.
>
> How does that explain the fact that health care prices in Europe run around
> 1/2 - 2/3 of ours, even where the government guarantees *all* of the payment
> there?

Now compare the depth, completeness, and speed of care here and there.
Care can cost more in the U.S. because everyone wants - and mostly gets -
instant, very high quality care on-demand. This is decidedly not the
case in the socialized systems with which I am most familiar (Canada and
the UK leap to mind). Also, those European "prices" often to not
fairly reflect the actual tax burden associated with them. Something
can only be "cheap" or "free" in that world if someone is propping it
up with Other People's Money.

>
> Medicare pays only about 80% of what private insurance pays; Medicaid pays
> even less. The price standards are set by private managed-care insurers, not
> by the government. If it was government-pay only, prices would be at least
> 20% less just by that fact alone. And corporate benefits managers in Fortune
> 500 companies are the ones who are determining the managed-care rates.

No they wouldn't - the *apparent* price would fall because - like I said -
the collectivists never want to express the real cost of burdensome taxation,
government bureaucracy, and picking up the tab for the various kinds
of self-inflicted wounds so popular among today's professional victims.
You're an economist (or very well educated therein). You should know this
better than anyone: Price is a measure of scarcity that directs resources.
Without a fair and transparent market, price/scarcity cannot be ascertained.
When government is in charge, it artificially decides what is- and is not
scarce and who should get what. This is inefficient, expensive, and ultimately
ineffective, at least by comparison to the alternatives.

<SNIP>

> You can, however, get much better results by aligning incentives properly so
> that all health care management is driven toward a goal of providing better
> care for less money. That won't happen as long as the system is mostly
> private, because the financial incentives for health care insurers, for
> example, are to deny coverage as much as possible; to pay providers as
> little as possible; and to exploit the vast statistical and actuarial
> complications of health care, along with an advertising and promotion
> program in an effective cost benefit ratio, to give the impression of better
> service while actually providing as little as they can get away with.
> Financial incentives for other providers in the system are similarly twisted
> and perverted, although the case is most obvious on the insurance side.

IOW, the only way to fix the incentives is by the point of the government's
gun. You want to replace voluntary private sector commercial arrangements
with the coercive power of an institution than can't run the DMV properly,
can't manage to appoint a cabinet full of people that have all paid their
own taxes, can't manage to balance a budget, and mostly works like a
large scale version of villagers with torches. Wonderful.
>
> That's not to say health care providers are so cynical that they're driven
> only by money, or that they'll always grab the opportunity to deceive. I
> worked in that industry long enough to know better. But if financial
> incentives are pulling one way and ethical incentives are pulling in a
> different way, ethical considerations are going to lose some, if not most,
> of the battles. In the end, profit is the most demanding incentive, and the
> ways to achieve it are mostly counter-productive to the goal of better and
> more cost-efficient care. As the system is structured now, there is no
> benefit to coming up with a solution that's 95% as good, but at half the
> price. Only killing 5 people out of 100 is not a good advertising slogan in
> the health care business.

Again, you fail to make the comparison with the alternative. The
government has *no* respect for ethics - only power. The government
innately works for the "group not the individual - I can think of
no more terrifying place to apply this than healthcare: "Since, on average,
people your age don't get strokes, we're not obligated to do much about
yours." The government operates by compromise not principle and it will
always be worse, therefore, than the most debauched profit-motivated
private sector actor (except those that act fraudulently).

>
> Whether the system is mostly private or mostly government-run matters much
> less than how well the incentives can be aligned with the goals of producing
> the best service at the lowest cost. Unlike most industries, health care is
> inherently resistant to the benefits of competition, for the reasons I cited
> above. It isn't that competition and beneficial incentive structures are
> impossible; it's just that no one has figured out how to accomplish them.

Wal-Mart has. Some of my local drugstore chains have. The freestanding
"quicky clinic" on the corner has. The real problem here in IL is that
the liability laws are insane and are driving medical practitioners out of
the state. When a newly minted Ob/Gyn has to pay upwards of a half million
dollars (give or take) per year for liability insurance, it's hard to
keep those folks in state.


----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

GA

Gunner Asch

in reply to Tim Daneliuk on 15/06/2009 11:58 AM

17/06/2009 12:34 AM

On Tue, 16 Jun 2009 23:20:10 -0700, pyotr filipivich
<[email protected]> wrote:

>Let the Record show that Gunner Asch <[email protected]> on
>or about Tue, 16 Jun 2009 19:28:34 -0700 did write/type or cause to
>appear in rec.crafts.metalworking the following:
>>
>> Why does
>>>almost the entire right get their panties in a knot because
>>>Bruce and Sean want to call what they do "marriage"?
>>Who?
>>To guys? 80% of the voting block, both right and left are against gay
>>"marraige"
>>
>>Frankly..I could care less. If Bruce wants to marry a sheep, let him.
>
> If Bruce wants to consider a sheep his "bride" - well, weirder
>things have been done.
> But if Bruce wants the law changed to require everyone else to
>consider his definition of Animal Husbandry with a sheep to be a real
>marriage, that is where I draw the line.
>
> OTOH, we can always redefine "human life" to something more
>compatible with our ideology, and then not have to worry about aiding
>non-human entities into a post-viable condition.
>>
>-
>pyotr filipivich
>We will drink no whiskey before its nine.
>It's eight fifty eight. Close enough!


True enough. Could we call Bruce and Bob, or Bruce and Daisy....an
Alternative Marraige?...or do they simply remain a couple fags or a
sheep fucker?

Inquiring minds want to know!!!

<VBG>

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

pf

pyotr filipivich

in reply to Tim Daneliuk on 15/06/2009 11:58 AM

16/06/2009 11:20 PM

Let the Record show that Gunner Asch <[email protected]> on
or about Tue, 16 Jun 2009 19:28:47 -0700 did write/type or cause to
appear in rec.crafts.metalworking the following:
>On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
><[email protected]> wrote:
>
>>On Jun 16, 5:53 pm, Gunner Asch <[email protected]> wrote:
>>
>>> Please note that its very few conservatives that give a shit about how
>>> you live your life..your sexuality etc.  They are known as the Religious
>>> Right.  A rather small percentange of the total.
>>> Im Buddhist.
>>
>>No you're not.
>
>Cites?

He doesn't need cites, he's a Real Liberal. Cites are for those
who are stuck in a patriarchal linear mode of thinking.
-
pyotr filipivich
We will drink no whiskey before its nine.
It's eight fifty eight. Close enough!

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:33 AM

On Jun 10, 4:01=A0pm, "Calif Bill" <[email protected]> wrote:
> "Ed Huntress" <[email protected]> wrote in message
>
> news:[email protected]...
>
> >> But lots of real economists think that the deficit spending and jobs
> >>programs were not effective in ending the Depression.
>
> > Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>
> > --
> > Ed Huntress
>
> Easy to see that the deficit spending and WPA was not helping end the
> depression. =A0The War ended the depression. =A0During the Depression, FD=
R
> managed to lower the unemployment rate to at most 20% from a high of 24%.
> The War took 2 million people into the Military and the rest of the peopl=
e
> were manufacturing stuff for the 2 million in uniform. =A0A war these day=
s
> will not cure the depression. =A0We have closed most smokestack manufactu=
ring
> in this country, and even if we could open up "smokestack manufacturing"
> now, there are not enough skilled workers to staff the plants. =A0We have=
a
> very illiterate population these days. =A0Some regions have a 50%+ dropou=
t
> rate before finishing high school. =A0Maybe if we brought back shop class=
es,
> the kids would stay in school as they could see something they could do i=
n
> the future. =A0Maybe 20% of the population should go to college. =A0Those=
that
> are both smart enough and motivated enough to do the work. =A0We have rai=
sed
> wages astronomically pricing us out of a lot of the manufacturing jobs. =
=A0$70
> an hour with benefits to put lug nuts on a car. =A0less than 30 years ago=
,
> $23k was a mid level engineering salary. =A0Due to inflation because of
> government overspending and capitulation to "Public Service" unions,
> salaries are skewed way high here. =A040 years ago we could compete due t=
o
> better productivity and lower shipping costs for "Made in America". =A0We=
made
> maybe 3x what a worker in another country made. =A0Not the 10-20x now. =
=A0When I
> designed disk drives in the 1980's, the fully bundled labor cost for maki=
ng
> Head Stack Assemblies in Malaysia was $3.50 an hour. =A0Most of the assem=
bly
> was robotic, but to do the same job here was at a minimum $35 an hour. =
=A010x
> the cost in Asia. =A0I do not have a cure for the problems, but we are go=
ing
> to have to stop considering a "Living Wage" for everyone. =A0Get some ski=
lls
> if you want higher pay! =A0When a BART (transit) train driver makes $80k
> salary + benefits extra a year to sit and look out the window to see if
> anybody is stuck in the doors before the transit train moves, and if the
> train control fails, use the manual throttle to go at 25 mph max to the n=
ext
> station. =A0We are overpaying. =A0And with a Congress and Executive branc=
h hell
> bent on bankrupting the country by spending like a drunk machinist out on
> the town, I do not see a lot of good in the future for us. =A0While compa=
nies
> are laying off people and taking salary cuts out "leaders" are taking pay
> raises and giving an average of 17% bonus to staff members. =A0Fannie May=
and
> Freddie Mac, who are a major cause of the housing bust and are billions i=
n
> the hole have given out some $51 million plus in bonus money. =A0 =A0Peop=
le in
> leadership positions in government and quasi government business should b=
e
> getting pink slips not bonus checks!

Deficit spending and the WPA kept millions of people from starving.

I think that is accomplishing something.

Go hungry for a week and get back to us with your changed attitude.

As for excessive spending...where were you when Bush spent a TRILLION
dollars on a war that had no Iraq - 9/11 connection.

TMT

SF

"Stu Fields"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 2:05 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Stu Fields wrote:
>> "HeyBub" <[email protected]> wrote in message
>> news:[email protected]...
>>> [email protected] wrote:
>>>>
>>>> Why not just make one sterotype for both, they are just different
>>>> sides of the same coin. Saying you are liberal or conservative means
>>>> you giving up on the thought process and rely on faith to guide your
>>>> life. It's an easy way to live your life though, imagine trying to
>>>> think about questions before answering them, instead of just
>>>> regurgitating the party line.
>>>
>>> Because it's easier.
>>>
>>> C. Northcott Parkinson observed:
>>>
>>> "When a member of your party makes a speech, you need only respond
>>> with 'Hear, hear!' and when the opposition party claims the floor,
>>> you need only shout 'Shame! Shame!' "
>>>
>>> Politicians like to make their lives easier.
>>
>> Of course the resorting to the use of Stereotypes does require the
>> reduction in observing and thinking and being open minded. I was at
>> a fly-in standing by my little homebuilt helicopter which closely
>> resembles a Bell 47 when a little middle-aged lady in a print dress
>> approached. Without consciously doing it I had her as a sunday
>> school teacher type person. Whooee. She had flown Sky Crane
>> helicopters doing logging and fire fighting and only had 4500hrs in
>> the Bell 47. Yes my stereotyping couldn't have been much more wrong.
>
> Each has its place. You'd go nuts trying to get personal with every tree
> when you could use the word "forest."
>
> It also saves time.
It also is very useful in the world of bigotry. Stereotyping can be used to
benefit if intelligence is used. That is the cautionary word. In all my
friends, I don't know a "Liberal" or "Conservative" they all have a panoply
of beliefs that even sometime encompass anarchy. What would I gain by
sticking a Liberal or Conservative label on any of them?

Tt

Too_Many_Tools

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 6:17 PM

On Jun 7, 11:05=A0am, "HeyBub" <[email protected]> wrote:
> Doug Winterburn wrote:
>
> > As my dear old departed mum told me almost 50 years ago - "When you're
> > young, you're idealistic and liberal, then you got to work and start
> > paying taxes and become a conservative, then you get old and start
> > looking for help because you didn't plan ahead and you become liberal
> > again".
>
> Or "a conservative is a former liberal who's been robbed."
>
> One maxim that floated around New York during the Guiliana years:
>
> "A Republican is a Democrat who suddenly realizes he hasn't been mugged
> lately."

So what does that make the Republicans that just robbed this Country
of TRILLIONS?

TMT

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 6:18 PM

Anyone been keeping an eye on our resident troll?


Dave? You there?




Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 4:56 PM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>> Since he's an economist and has written a book and mentions this
> specifically I
>>> think his statistics are probably accurate.
>> This statement would be achingly funny if it weren't so achingly sad...
>
>
> Yeah, that would seem true when you take it out of context like you did.
> Anyone reading the following qualifying statements would not get that
> impression though. He's not just "any" economist. But then you would argue
> with a Nobel Prize winning economist like Joe Steglitz or Paul Krugman
> wouldn't you, even though they have Ph.D.s in economics and you don't. You
> remind me of the Monty Python comedian who wrote the book, "How to Argue
> with Anyone". Your discounting of Chang's work is equally as silly.
>
> Hawke
>
>

But I'm *not* discounting his work. I'm discounting the confidence you
place in economics as a discipline and upon a single source no less.
Economics is barely a science - hence the term "Dismal Science". It's
predictive powers have been poor at best. You cite Krugman and I'll
cite von Mises, Hayek, and Friedman any one of whom (I'd argue)
contributed considerably more to making economics useful than
Krugman, but of course that's just my opinion and subject to revision.
The point wasn't to make fun of your source, but rather suggest that
breathless confidence in such a source is misplaced. If this thread - and the
entire history of economics - demonstrates anything is that the
field hasn't exactly distinguished itself with great results.

As to having received a Nobel, so did Carter (a incompetent political
hack), Arafat (a murdering thug), and Gore (a fraud and opportunist
feeding at the public trough) thereby demonstrating that the vacuity
of award today as it is made the handmaiden of political correctness.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 10:35 PM

Too_Many_Tools wrote:
> On Jun 5, 4:04 pm, Steve Turner <[email protected]> wrote:
>> Drew Lawson wrote:
>>> In article <[email protected]>
>>> "Hawke" <[email protected]> writes:
>>>> Take one trait that is common among liberals; tolerance. This same trait is
>>>> not shared or highly regarded by conservatives. A trait they like a lot more
>>> I must call bullshit on that one.
>>> I find tolerance to be about equally practiced by liberals and
>>> conservatives, though you may find it preached more frequently by
>>> (political) liberals.
>>> It is a trait I rarely see displayed by pundits of either side.
>> That's one of the reasons I said Hawke's post was a load of shit. Most
>> of the most vehemently intolerant people I know are liberals. Of
>> course, that depends on what your definition of "intolerant" is... If
>> it's aimed in the right direction, it's somehow "justified".
>
> I think there are "intolerant" people of both political persuasions.

I wouldn't disagree with that.

> In my experience the conservatives are the ones who win the SOB Award.

You sound intolerant of conservatives.

> But the OP noted...and I agree...that many of the postings we see here
> are from conservatives ranting and stamping their feet about the
> latest "injustice".

I normally steer completely clear of political discussions, and I try to
stay as neutral and open as possible, but every once in a while a
bullshit statement like that just gets my goat. I've been in and out of
here (rec.woodworking, that is) many times over the last eight to ten
years, but for the past six months or so it's been regular enough to
form a fairly solid opinion of the current overall "climate". My
10-second summary from a 50-foot view? Both sides get a big charge out
of stirring up shit, but as soon as a debate starts up it's the liberals
who are so quick to shout insults and foam at the mouth, and that just
rubs me wrong (in a totally non-partisan way). I don't know *what*
forum you're referring to when you say it's the conservatives who are
"ranting and stamping their feet", but it's not the same one I'm
reading. Trust me, I'm just about the most impartial observer one could
hope to find, but if I was going to hand out a "calm and collected"
award it would go the conservatives, hands down.

> Read the responses to this discussion...

I have, several times.

> and note that the conservatives are the ones bitching.

I drew no such conclusion.

--
If it ain't perfect, improve it...
But don't break it while you're fixin' it!
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

dD

[email protected] (Drew Lawson)

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 4:41 PM

In article <[email protected]>
Morris Dovey <[email protected]> writes:
>
>Does that make one a conservative liberal or a liberal conservative? :)
>

I've long prefered the phrase from a comic strip (maybe B.C.) that
was reprinted in one of my textbooks:
a radical middle-of-the-roader


--
Drew Lawson | Broke my mind
| Had no spare
|

dD

[email protected] (Drew Lawson)

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 7:18 PM

In article <[email protected]>
"Hawke" <[email protected]> writes:
>
>Take one trait that is common among liberals; tolerance. This same trait is
>not shared or highly regarded by conservatives. A trait they like a lot more

I must call bullshit on that one.
I find tolerance to be about equally practiced by liberals and
conservatives, though you may find it preached more frequently by
(political) liberals.

It is a trait I rarely see displayed by pundits of either side.

--
|Drew Lawson | Of all the things I've lost |
| | I miss my mind the most |

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 9:39 PM

Drew Lawson wrote:
> In article <[email protected]>
> Morris Dovey <[email protected]> writes:
>>
>> Does that make one a conservative liberal or a liberal conservative?
>> :)
>>
>
> I've long prefered the phrase from a comic strip (maybe B.C.) that
> was reprinted in one of my textbooks:
> a radical middle-of-the-roader

FWIW, Mack Reynolds wrote a story in 1967 entitled "Radical Center". I
can't remember anything about it other than the title, but the title was
memorable enough.

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 9:17 PM

Hawke wrote:

>
> "Steve Turner" <[email protected]> wrote in message
> news:MldWl.18436$%[email protected]...
>> Too_Many_Tools wrote:
>> > On Jun 4, 11:13 pm, "Hawke" <[email protected]> wrote:
>> >>>>>> There seems to be a stereotype that "liberals" are the lazy sorts
> of
>> >>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>> >>>>>> harmful substances, whereas "conservatives" are hard working, self
>> >>>>>> reliant people who are very well off due to their own perseverance
> and
>> >>>>>> work ethic.
>> >>>>>> And yet, the few self proclaimed or suspected liberals and Obama
>> >>>>>> supporters of this newsgroup, seem to be very well off,
> accomplished
>> >>>>>> people, whereas many conservatives, while intelligent and
> interesting
>> >>>>>> people on many levels, are not exactly above that kind of level of
>> >>>>>> attainment.
>> >>>>> Show us your data. IOW, you're talking out your a$$.
>> >>>>>> If that is the case, is that perhaps the time to reconsider our
>> >>>>>> stereotypes?
>> >>>>> Perhaps you should reconsider yours.
>> >>>> i think what he is saying is that your stereotypes should be the
>> >>>> same as his...
>> >>> Ah, yes. That is the leftist's way.
>> >> At least that is what you think the leftist's way is. What people are
>> >> forgetting is that there are stereotypes, which do have some truth to
> them,
>> >> and then there is reality. There are concrete things that actually
>> >> make someone a liberal or a conservative. They each have their own
>> >> ways and beliefs. The problem is when one side makes claims about the
>> >> other side which are not true, which is usually the case. In this
>> >> group, which is filled with right wingers and republicans denigration
>> >> of "liberals" are posted constantly. That's because the "wingers"
>> >> detest anyone who has
> views
>> >> that are different from theirs (a conservative trait). Proof of this
>> >> is
> the
>> >> unending stream of criticism and invectives directed at liberals by
> them.
>> >>
>> >> Take one trait that is common among liberals; tolerance. This same
> trait is
>> >> not shared or highly regarded by conservatives. A trait they like a
>> >> lot
> more
>> >> is authority or hierarchy. Each group has it's own group of attributes
> and
>> >> they are not shared much by the other group. Both groups have a low
> opinion
>> >> of the other group. But if you want to know the facts about one group
> or the
>> >> other you don't ask the other side because most of what they think is
> wrong.
>> >> Anyone can find the truth about liberals or conservatives if they want
> but
>> >> for most people it's a lot easier to simply call the other group names
> and
>> >> say nasty things about them. On this group, most of the people doing
> that
>> >> are conservatives. That's is not an opinion. It's a fact.
>> >>
>> >> Hawke
>> >
>> > Well said.
>>
>> I beg to differ; I thought what he said was a load of shit.
>
>
> That's only because you're a right winger. You guys always dislike the
> truth. Especially when it's said about you. I'm sure we could confirm that
> by asking your wives or girlfriends.
>
> Hawke
This is such bullshit! It's the Left Wingers that are always pissed off
about something. They're never happy about anything. That's all I'm going
to say about this subject. Not going to drag me into this bullshit.
--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 12:44 AM

Hawke wrote:
>>> Take one trait that is common among liberals; tolerance. This same
>>> trait is not shared or highly regarded by conservatives. A trait
>>> they like a lot more
>>
>> I must call bullshit on that one.
>> I find tolerance to be about equally practiced by liberals and
>> conservatives, though you may find it preached more frequently by
>> (political) liberals.
>>
>> It is a trait I rarely see displayed by pundits of either side.
>
>
> The point is this, is the word tolerant one that is frequently used
> when describing a conservative? There is just no denying the fact
> that tolerance of other views, ideas, or lifestyles is not something
> that is commonly associated with conservatives. You can deny that all
> you want but liberals are always more associated with being tolerant
> than conservatives are. That's just a fact.

Liberals are just as intolerant as conservatives, what's different is the
things they find intolerable.

AB

Andrew Barss

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 4:10 PM

<snip of hysterical rant about the coming end times>

A fine example of intolerance -- well done! Who is the
loony you quoted?

-- Andy Barss

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 12:49 PM

Michael A. Terrell wrote:
> "J. Clarke" wrote:
>>
>> Liberals are just as intolerant as conservatives, what's different
>> is the things they find intolerable.
>
>
> Especially the ability to think for yourself.

Uh, both sides are intolerable of such and have their shining lights of
idiocy.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 12:52 PM

HeyBub wrote:
> Too_Many_Tools wrote:
>>
>> LOL...tell me...what will the millions of Americans do in the next
>> few years for retirement when their 401Ks are worth nothing, their
>> houses are worth much, much less and with millions living off what
>> savings they might have?
>
> Get a job?

So what kind of job does someone in his eighties who has been retired for
twenty years get?

Hint--there's not enough work to go around right now. A common problem
throughout history. Those big pointy things in the Egyptian desert are
monuments to the Egyptian WPA as much as they are to the pharaohs who were
buried in them.

>> Or the damning fact that 60% of bankruptcies are medical
>> related...and you incur most of your medical costs after retirement.
>
> No biggie. Bankruptcies have to be caused by something, else there
> wouldn't be any.
>
>>
>> And you do realize that this deep, deep recession has a long way to
>> go yet. Best estimates that the economy MAY bottom out late next
>> year. So how deep of pockets do you have..especially if government
>> payments are cut?
>
> You're right. One will just have to cut back on expenses.

And when one doesn't have enough income to pay for food?

>> The truth in life is that you can do everything right and still
>> arrive at retirement penniless.
>>
>
> Yep.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:51 AM

Hawke wrote:
> "Andrew Barss" <[email protected]> wrote in message
> news:[email protected]...
>> <snip of hysterical rant about the coming end times>
>>
>> A fine example of intolerance -- well done! Who is the
>> loony you quoted?
>
> That's a good question. Obviously he's nobody anyone ever heard of.
> But I have to feel sorry for the Roger though. Here it is in the 21st
> century and he's still reading the fairy tale called the Bible and
> believes it like it really came from a supernatural being when it was
> obviously written and printed by other men. That puts him in the same
> boat as the Taliban loonies and other Muslims who think the same
> think about the Koran. They all fall for the same line of bull.
> Believe this book and don't believe what science or reason says.
> Heaven is up in the sky. Guys like him still believe that even when
> we all know there is nothing in the heavens but outer space. It can't
> help but make you wonder how anyone with even an average IQ believe
> such nonsense. But damn, they sure do and by the millions. Lucky for
> us the trend is for people to drop those ancient beliefs more and
> more as time passes. In another 20 years people like him will be rare
> as hen's teeth.

Or in 20 years there will have been a resurgence of religious zeal and they
will be burning people like you at the stake. Don't assume that any given
social trend will continue. But 20 years is far too short a time frame for
either to happen.

By they way, your post is a fine example of intolerance in itself. If you
don't believe in a deity that is your privilege. But when you argue that
anyone who does is a gullible, insane fool you throw away the high ground.

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:22 AM

HeyBub wrote:

> Too_Many_Tools wrote:
>> On Jun 7, 11:05 am, "HeyBub" <[email protected]> wrote:
>>> Doug Winterburn wrote:
>>>
>>>> As my dear old departed mum told me almost 50 years ago - "When
>>>> you're young, you're idealistic and liberal, then you got to work
>>>> and start paying taxes and become a conservative, then you get old
>>>> and start looking for help because you didn't plan ahead and you
>>>> become liberal again".
>>>
>>> Or "a conservative is a former liberal who's been robbed."
>>>
>>> One maxim that floated around New York during the Guiliana years:
>>>
>>> "A Republican is a Democrat who suddenly realizes he hasn't been
>>> mugged lately."
>>
>> So what does that make the Republicans that just robbed this Country
>> of TRILLIONS?
>
> Uh, no. Every single Republican in the Congress voted AGAINST the
> multi-trillion dollar bailouts. The thing the Republicans supported - in
> the last administration - was less than a trillion ($837 billion if I
> recall correctly).

These arguments have been made for eons and I wonder if they've ever solved
anything? I'm staying out of them but they are fun to read! Although I have
always thought the Government is the Problem not the Solution. So now you
know my politics. Liberal or Conservative?
--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:37 AM

Robatoy wrote:

> On Jun 8, 9:22 am, evodawg <[email protected]> wrote:
>> HeyBub wrote:
>> > Too_Many_Tools wrote:
>> >> On Jun 7, 11:05 am, "HeyBub" <[email protected]> wrote:
>> >>> Doug Winterburn wrote:
>>
>> >>>> As my dear old departed mum told me almost 50 years ago - "When
>> >>>> you're young, you're idealistic and liberal, then you got to work
>> >>>> and start paying taxes and become a conservative, then you get old
>> >>>> and start looking for help because you didn't plan ahead and you
>> >>>> become liberal again".
>>
>> >>> Or "a conservative is a former liberal who's been robbed."
>>
>> >>> One maxim that floated around New York during the Guiliana years:
>>
>> >>> "A Republican is a Democrat who suddenly realizes he hasn't been
>> >>> mugged lately."
>>
>> >> So what does that make the Republicans that just robbed this Country
>> >> of TRILLIONS?
>>
>> > Uh, no. Every single Republican in the Congress voted AGAINST the
>> > multi-trillion dollar bailouts. The thing the Republicans supported -
>> > in the last administration - was less than a trillion ($837 billion if
>> > I recall correctly).
>>
>> These arguments have been made for eons and I wonder if they've ever
>> solved anything? I'm staying out of them but they are fun to read!
>> Although I have always thought the Government is the Problem not the
>> Solution. So now you know my politics. Liberal or Conservative?

>
> You're a right-winger through-and-through.

Yep, you got that right, RIGHT

--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

AB

Andrew Barss

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 4:50 PM

In rec.woodworking Tim Daneliuk <[email protected]> wrote:
: Andrew Barss wrote:
:> <snip of hysterical rant about the coming end times>
:>
:> A fine example of intolerance -- well done! Who is the
:> loony you quoted?
:>
:> -- Andy Barss

: You and yours love to parade your "tolerance" around like
: a Boy Scout merit badge. Oddly all that tolerance
: disappears when someone like this poster shows up whereupon
: your sneering and condemnation proceeds immediately.
: Does the irony of this not strike you at all?
: How very intolerant of you.


I complimented the poster on finding an excellent example of intolerance.
That's hardly condemnation and sneering.

As to calling Ralph C. Barker a loony, well, I was just being polite.

Being tolerant does not mean accepting all points of view as equally valid
and sensible. His (RCB's) is neither.

-- Andy Barss

lL

[email protected] (Larry W)

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:37 PM

Someone said:
>The current government is full of fools and charlatans and is led by
>by a dangerous malignancy. There are precious few patriots and thinkers
>in the current government.

That would be true whether you're talking about democrats, republicans,
or both.




--
Better to be stuck up in a tree than tied to one.

Larry Wasserman - Baltimore Maryland - lwasserm(a)sdf. lonestar.org

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 4:22 PM

HeyBub wrote:

> Too_Many_Tools wrote:
>> LOL...another winger who would like to live The Great Bush Depression.
>>
>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>> what Bush screwed up in EIGHT years?
>
> Bush Depression? That's not true.
>
> During the Bush years we had 22 consecutive quarters of economic growth.
> Low unemployment, high productivity, and negligible inflation. All this in
> spite of Katrina, two wars, and a couple of bursting bubbles.
>
> Then the Democrats took over Congress.
>
> It took them less than 18 months to fuck it all up.
>
> Here's one chart I could find regarding recent GDP growth by quarter:
> http://www.economicshelp.org/blog/economics/us-economic-growth-statistics/
>
> Notice the rough average for the Bush years shown is about 2.25%. Since
> the 3rd quarter of 2007, the growth of GDP has plummeted and is now about
> -4% and unemployment is 9.8%.
>
> And if you can blame Bush for what happened during the last 100 days of
> his administration, then you've got no complaint when criticism is leveled
> at the first 100 days of Obama's.

Is this "to many tools" dude a spammer? Or a member of Rev. Wrights Church?

--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 5:05 PM

Upscale wrote:

>
> "Tim Daneliuk" <[email protected]> wrote in message
>> I guess it's more honorable to be a citizen that wallows in being
>> a ward of the state.
>
> So, I dare you to explain how I'm a ward of the state? That's your area of
> experience with your absolute lack of contribution to anything. Instead of
> using my healthcare to stay well enough to keep working and pay taxes
> contributing back the best I can, you'd have me be completely indigent to
> receive the same healthcare and give absolutely nothing back.
>
> Which way costs the system more money?
>
> That sad fact is that people like you take in life and give nothing.
> That's ALL that can be said about you and it's a really sad state of
> affairs. An extremely large part of the current economic crisis in the US
> was caused by people who take and take and take. The incessant whining you
> do is only because you've never been in the position of taking enough to
> be independently wealthy. And, it looks good on you.
>
> All you are is a whiner. You don't contribute anything either physically
> or metaphorically which is confirmed with your presence here. How long as
> it been since you've been here? Two, three years? In all that time you've
> managed to inject ONE woodworking comment. You are a waste and you
> demonstrate it every day. You accuse me of wallowing? Try looking in the
> mirror at least ONCE in your sorry life.
Just heard today from one of the State News Organizations that 60% of the US
population is receiving government money in one way or another. How long
can this go on? We are truly becoming a Socialist Country!
--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:19 PM

Tom Watson wrote:

> On Mon, 08 Jun 2009 17:05:43 -0700, evodawg <[email protected]>
> wrote:
>
>>Just heard today from one of the State News Organizations that 60% of the
>>US population is receiving government money in one way or another. How
>>long can this go on? We are truly becoming a Socialist Country!
>
>
> I would submit to you, Sir, that one hundred percent of the population
> is receiving government money.
>
> I would further submit to you that this has been the case since the
> founding of the country.

Not sure this is what the news story was trying to convey. Oh btw it was
CNN.

>
> I would direct your attention to the preamble of the Constitution,
> wherein it states:
>
>
> "We the People of the United States, in Order to form a more perfect
> Union, establish Justice, insure domestic Tranquility, provide for the
> common defence, promote the general Welfare, and secure the Blessings
> of Liberty to ourselves and our Posterity, do ordain and establish
> this Constitution for the United States of America."
>
>
> In the performance of those acts related to the above ALL AMERICANS
> receive the value of the acts and therefore enjoy the results of the
> monies needed to fund them.
>
> You may argue over the distribution of assets but you may not argue
> that those assets have not been generally distributed.
>
> You may have a particular predilection to argue over the fine points
> of the phrase, "Promote The General Welfare", as is your right, but to
> imply that you are disenfranchised, or that others are
> overcompensated, misses the point.
>
> I would remind you, Sir, that this republic has stood longer than any
> other. That this form of governance has outlived any other. That
> Washington's prediction of the life of the Great Experiment has gone
> times beyond his imagining.

Ya think this "Great Experiment" is almost over? Hmmmm, maybe.

>
> In short, we should embrace ourselves and wonder that we have stood
> the test of time.

I see one that wants to shortin the time.
>
> And we should congratulate ourselves, Sir, in that we are even able to
> have a discussion such as this.
>
Hmmm, seemed to have struck a nerve. You may want to get back to me in 3
years and see if we can still have that discussion. Or will we still be the
same nation, It's my opinion, (although I doubt you care if I have one) it
will look very much different then today!

--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

ee

evodawg

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:25 PM

Tom Watson wrote:

> On Mon, 08 Jun 2009 19:50:52 -0500, Tim Daneliuk
> <[email protected]> wrote:
>
>
>>I actually more-or-less agree with you on all that, but I'm still
>>ticked off about the government's failure to maintain the post
>>roads and issue bills of attainder...
>
>
>
>
> Outstanding!
>
> I have often enjoyed our colloquy and do not so much consider you an
> adversary as an interlocutor.
>
> My politics are actually not so dissimilar to yours, if I understand
> them correctly.
>
> I am a fundamentalist in the regard of the constitution, although I am
> open to interpretation based on the need of the times, within reason.
>
> You must understand that I am the sole arbiter of the definition of
> 'reason'.
>
> I, like you, am neither Republican, nor Democrat. Neither am I some
> hideous hermaphrodite but view the choice, as I believe you do also,
> to be a case of A false dichotomy.
>
> I must recommend a book to you that I have just finished today:
>
> "The Reagan I Knew", by William F. Buckley Jr.
>
> I went to the library looking for his book on Goldwater but it was not
> there.
>
> This book was a very satisfactory substitution.
>
> I had arguments with Reagan over economics but thought that his take
> on the Russians was spot on.
>
While your reading you might want to check out "Liberty and Tyranny" by Mark
Levin. Great read!

--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

Rb

RB

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 11:33 AM

Lew Hodgett wrote:
> HeyBub wrote:
>
> <snip an obvious troll>

snip at your own peril.
Heybub is a sharp guy with a good sense of humour.
He can't do anything about a closed mind though.

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 7:30 PM

Too_Many_Tools wrote:
> On Jun 8, 3:07 pm, Tim Daneliuk <[email protected]> wrote:
>> Larry W wrote:
>>> Someone said:
>>>> The current government is full of fools and charlatans and is led by
>>>> by a dangerous malignancy. There are precious few patriots and thinkers
>>>> in the current government.
>>> That would be true whether you're talking about democrats, republicans,
>>> or both.
>> Agreed. But today this dearth is coupled with the worst executive officer
>> ever seen in our government. The combination is deadly.
>>
>
> Worst President...Bush....hands down.

So when can we look forward to your next on-topic post?

--
If it ain't perfect, improve it...
But don't break it while you're fixin' it!
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

AB

Andrew Barss

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 5:09 PM

In rec.woodworking [email protected] <[email protected]> wrote:

: Here we go! More intellectualism

Do you have a different way of doing science? Pray tell.

Sheesh,

-- Andy Barss

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 8:10 AM

John R. Carroll wrote:
> "HeyBub" <[email protected]> wrote in message
> news:[email protected]...
>> John R. Carroll wrote:
>>>
>>> None of this sort of analysis has any real value. What does is the
>>> beliefs of Tim Geithner and Ben Bernanke.
>>> Those two fellows believe the problem, or one of them, was that to
>>> little was done and not to nuch.
>>> Another, was letting of the gas and raising taxes stalled the
>>> economy in 1937 and that, finally, inflation is a problem we
>>> really can deal with while deflation is self reinforcing but that
>>> deflation isn't and Paul Volker proved out the mechanics of
>>> wringing it out of an econoomy decades ago.
>>>
>>
>> "We can deal with inflation?" You bet.
>
> It isn't a bet, it's an excercise in monetary policy.
>
>>
>> During the Carter years I purchased a CD paying 10%. I cashed it in
>> a year later, and got my 10% premium. Inflation for the year was 13%.
>
> OK, poor judgement.
>
>>
>> Then I had to pay taxes on my 10% gain.
>
> Would have been a lot tougher to pay that tax premium if your income
> had been cut in half.

Which 8 years of 10 percent inflation does handily.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:29 PM

John R. Carroll wrote:
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> John R. Carroll wrote:
>>> "HeyBub" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> John R. Carroll wrote:
>>>>>
>>>>> None of this sort of analysis has any real value. What does is the
>>>>> beliefs of Tim Geithner and Ben Bernanke.
>>>>> Those two fellows believe the problem, or one of them, was that to
>>>>> little was done and not to nuch.
>>>>> Another, was letting of the gas and raising taxes stalled the
>>>>> economy in 1937 and that, finally, inflation is a problem we
>>>>> really can deal with while deflation is self reinforcing but that
>>>>> deflation isn't and Paul Volker proved out the mechanics of
>>>>> wringing it out of an econoomy decades ago.
>>>>>
>>>>
>>>> "We can deal with inflation?" You bet.
>>>
>>> It isn't a bet, it's an excercise in monetary policy.
>>>
>>>>
>>>> During the Carter years I purchased a CD paying 10%. I cashed it in
>>>> a year later, and got my 10% premium. Inflation for the year was
>>>> 13%.
>>>
>>> OK, poor judgement.
>>>
>>>>
>>>> Then I had to pay taxes on my 10% gain.
>>>
>>> Would have been a lot tougher to pay that tax premium if your income
>>> had been cut in half.
>>
>> Which 8 years of 10 percent inflation does handily.
>
> Well sure, if you don't get a raise.
> LOL
> Even two or three percent inflation as hard to take under that
> scenario.

And when the economy is bad you don't get raises. I've worked in places
where in 5 years _nobody_ got a raise or if someone did get a raise it
amounted to a couple of cents an hour.

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 2:29 PM

[email protected] wrote:
> Get back to woodworking...

Nice try. I sure hope it works. :-)

--
Any given amount of traffic flow, no matter how
sparse, will expand to fill all available lanes.
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:40 PM

Lew Hodgett wrote:
> "John R. Carroll" wrote:
>
>> It's also worth remembering that people did't last much beyond 65 YO
>> in the thirties, large numbers even less.
>
> Which just points out how remarkable my grandfather was.
>
> Born in 1848, he made it to 83.

Once again the myth of "life expectancy" rears its ugly head. It's an
average--those who made it to adulthood lived about the same amount of time
as people today, but fewer of them made it to adulthood.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 7:11 AM

John R. Carroll wrote:
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> Lew Hodgett wrote:
>>> "John R. Carroll" wrote:
>>>
>>>> It's also worth remembering that people did't last much beyond 65
>>>> YO in the thirties, large numbers even less.
>>>
>>> Which just points out how remarkable my grandfather was.
>>>
>>> Born in 1848, he made it to 83.
>>
>> Once again the myth of "life expectancy" rears its ugly head. It's
>> an average--those who made it to adulthood lived about the same
>> amount of time
>> as people today, but fewer of them made it to adulthood.
>
>
> The life expecrancy "at birth" in 1930 of all sexes and races
> combined in the US was 59.7 years.
> It was 77.8 in 2005.
> People are living much longer today as a rule. That and changes in age
> weighted distribution of he population are the cause of forecast
> shortfalls in the SS fund.
>
> http://www.infoplease.com/ipa/A0005148.html

And this further advances the myth that people living into their 70s and 80s
in the '30s was rare. You are aware are you not that the life expectancy at
age 20 in the '30s was significantly higher than the life expectancy at
birth?

The expected shortfalls are the result of the bumbling incompetence of every
government since Social Security was first implemented.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 7:16 AM

Calif Bill wrote:
> "John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
> message news:[email protected]...
>>
>> "J. Clarke" <[email protected]> wrote in message
>> news:[email protected]...
>>> Lew Hodgett wrote:
>>>> "John R. Carroll" wrote:
>>>>
>>>>> It's also worth remembering that people did't last much beyond 65
>>>>> YO in the thirties, large numbers even less.
>>>>
>>>> Which just points out how remarkable my grandfather was.
>>>>
>>>> Born in 1848, he made it to 83.
>>>
>>> Once again the myth of "life expectancy" rears its ugly head. It's
>>> an average--those who made it to adulthood lived about the same
>>> amount of time
>>> as people today, but fewer of them made it to adulthood.
>>
>>
>> The life expecrancy "at birth" in 1930 of all sexes and races
>> combined in the US was 59.7 years.
>> It was 77.8 in 2005.
>> People are living much longer today as a rule. That and changes in
>> age weighted distribution of he population are the cause of forecast
>> shortfalls in the SS fund.
>>
>> http://www.infoplease.com/ipa/A0005148.html
>>
>>
>> JC
>>
>
> Life expectancy is longer. But the length of time an adult person
> lives has not changed much. The Life expectancy is longer because of
> better living through chemistry. My mother, who is 94 was a
> practicing RN until 91 years old. She said other than sulfa drugs,
> there were not antibiotics until penicillin. Single biggest enhancer
> of life expectancy.

There's also the elimination of many childhood diseases through widespread
programs of immunization.

> Not the max time you live, but the likelihood
> you will make it to a natural death. We are held up as bad with our
> health system because we have a lower life expectancy than most of
> Europe and Canada. We also have a huge immigrant population that was
> not real healthy when they got here. And may not avail themselves of
> the modern medical wonders.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 10:44 AM

Han wrote:
> "John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
> news:[email protected]:
>
>>
>> "Han" <[email protected]> wrote in message
>> news:[email protected]...
>>> "[email protected]" <[email protected]> wrote in
>>> news:85ef0c68-ae19-44fa-a94b-287e84958d94@r37g2000yqd.googlegroups.com
>>>>
>>>
>>>> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>>>>
>>>>> What's irritating is that no matter how many times you show these
>>>>> numbers
>>>> to
>>>>> right wing guys it just doesn't sink in
>>>>>
>>>>> Hawke
>>>>
>>>> Just to irritate you some more, it still has not sunk in. The
>>>> problem is while it is easy to come up with those numbers, it is a
>>>> lot harder to know why. Correlation does not mean cause and
>>>> effect.
>>>>
>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>> to eliminate all procedures which will only prolong someones life
>>>> by six months and also eliminate all procedures that do not have a
>>>> proven success record. If we had done this say thirty years ago,
>>>> we would not have any heart transplants , artificial heart valves,
>>>> etc.
>>>>
>>>> Dan
>>>
>>> Until you have been involved in the decision whether to treat a
>>> loved one aggressively to prolong life or let go ("let nature take
>>> its course"), you don't know what you are talking about.
>>
>> It isn't a question of treatment or not. The question is payment.
>> There isn't any reason a person shouldn't be able to buy insurance to
>> cover anything they need.
>> Their needs, and the needs of their families for emotional placation,
>> are not the needs of society.
>>
>> JC
>
> If you think payment is the question, not treatment, then I have to
> ask payment for what? The cost of (let's say) a liver transplant for
> a patient who is going to die soon, whether or not the transplant
> occurs, is WAY more than the cost of palliative treatment. I have to
> ask what we are insuring against. A basic low(er) level of treatment
> costs, or the costs of treating everything. IMNSHO, a asic level of
> insurance (however defined) should be compulsory (yes, that bad word,
> and whether the employee or the employer pays is ultimately only
> semantics). On top of that a person should be allowed to insure
> against the costs of more complex events/procedures. Freedom of
> personal choice, etc., etc.
>
> Society needs some kind of insurance, and the current system is
> dysfunctional.

Government in the medical business is a permanent solution to a temporary
problem. When I was a kid, when you got sick you went to the doctor and he
did what he could and it didn't cost much. Now he can do a lot more but
it's all cutting edge and the costs are horrendous. A hundred years from
now when the technologies have matured and an NMR scanner is a child's
plaything that you get at Toys R Us for 50 bucks it's going to be back to
where most people can pay for most medical issues out of pocket without it
hurting particularly.

But if we get government involved now then government will still be involved
then.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 12:27 PM

Han wrote:
> "J. Clarke" <[email protected]> wrote in
> news:[email protected]:
>
>> Han wrote:
>>> "John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in
>>> news:[email protected]:
>>>
>>>>
>>>> "Han" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>> "[email protected]" <[email protected]> wrote in
>>>>> news:[email protected]
>>>>> om
>>>>>>
>>>>>
>>>>>> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>>>>>>
>>>>>>> What's irritating is that no matter how many times you show
>>>>>>> these numbers
>>>>>> to
>>>>>>> right wing guys it just doesn't sink in
>>>>>>>
>>>>>>> Hawke
>>>>>>
>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>> problem is while it is easy to come up with those numbers, it is
>>>>>> a lot harder to know why. Correlation does not mean cause and
>>>>>> effect.
>>>>>>
>>>>>> An easy way to decrease the cost of healthcare in the US, would
>>>>>> be to eliminate all procedures which will only prolong someones
>>>>>> life by six months and also eliminate all procedures that do not
>>>>>> have a proven success record. If we had done this say thirty
>>>>>> years ago, we would not have any heart transplants , artificial
>>>>>> heart valves, etc.
>>>>>>
>>>>>> Dan
>>>>>
>>>>> Until you have been involved in the decision whether to treat a
>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>> its course"), you don't know what you are talking about.
>>>>
>>>> It isn't a question of treatment or not. The question is payment.
>>>> There isn't any reason a person shouldn't be able to buy insurance
>>>> to cover anything they need.
>>>> Their needs, and the needs of their families for emotional
>>>> placation, are not the needs of society.
>>>>
>>>> JC
>>>
>>> If you think payment is the question, not treatment, then I have to
>>> ask payment for what? The cost of (let's say) a liver transplant
>>> for a patient who is going to die soon, whether or not the
>>> transplant occurs, is WAY more than the cost of palliative
>>> treatment. I have to ask what we are insuring against. A basic
>>> low(er) level of treatment costs, or the costs of treating
>>> everything. IMNSHO, a asic level of insurance (however defined)
>>> should be compulsory (yes, that bad word, and whether the employee
>>> or the employer pays is ultimately only semantics). On top of that
>>> a person should be allowed to insure against the costs of more
>>> complex events/procedures. Freedom of personal choice, etc., etc.
>>>
>>> Society needs some kind of insurance, and the current system is
>>> dysfunctional.
>>
>> Government in the medical business is a permanent solution to a
>> temporary problem. When I was a kid, when you got sick you went to
>> the doctor and he did what he could and it didn't cost much. Now he
>> can do a lot more but it's all cutting edge and the costs are
>> horrendous. A hundred years from now when the technologies have
>> matured and an NMR scanner is a child's plaything that you get at
>> Toys R Us for 50 bucks it's going to be back to where most people
>> can pay for most medical issues out of pocket without it hurting
>> particularly.
>>
>> But if we get government involved now then government will still be
>> involved then.
>
> The real problem now, and for the foreseeable future, is that the
> healthcare system makes out of pocket payment unaffordable. Whether
> or not this is a free enterprise system or not, and if so, whether it
> is subject to market forces (doesn't seem to), the reality is that
> almost any procedure or medication costs far more when paid for
> directly out of pocket than via reasonably priced insurance, such as
> group employer- sponsored programs. Here in New York, hospital costs
> include an 8% (I think) surcharge to pay for indigent compassionate
> care. Is that fair? Therefore, I maintain (I recognize there is
> opposition) that there should be compulsory insurance for everyone at
> some basic level. Yes, it might be called a tax. But it does not
> have to cost as much as it costs now to submit and resubmit claims
> and counterclaims. That only makes for a bloated bureaucracy.

You and Obama and your "compulsory insurance". So now you are putting
people who are already having to choose between paying the rent and buying
food in the position of having to pay for insurance or be punished by the
government. Sorry, but you and Obama are really out of touch with the
notion of "poor".

And how will "compulsory insurance" change the way that the insurance
companies work?

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 10:50 PM

Hawke wrote:
>>>>>>> What's irritating is that no matter how many times you show
>>>>>>> these numbers
>>>>>> to
>>>>>>> right wing guys it just doesn't sink in
>>>>>>>
>>>>>>> Hawke
>>>>>>
>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>> problem is while it is easy to come up with those numbers, it is
>>>>>> a lot harder to know why. Correlation does not mean cause and
>>>>>> effect.
>>>>>>
>>>>>> An easy way to decrease the cost of healthcare in the US, would
>>>>>> be to eliminate all procedures which will only prolong someones
>>>>>> life by six months and also eliminate all procedures that do not
>>>>>> have a proven success record. If we had done this say thirty
>>>>>> years ago, we would not have any heart transplants , artificial
>>>>>> heart valves, etc.
>>>>>>
>>>>>> Dan
>>>>>
>>>>> Until you have been involved in the decision whether to treat a
>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>> its course"), you don't know what you are talking about.
>>>>
>>>> It isn't a question of treatment or not. The question is payment.
>>>> There isn't any reason a person shouldn't be able to buy insurance
>>>> to cover anything they need.
>>>> Their needs, and the needs of their families for emotional
>>>> placation, are not the needs of society.
>>>>
>>>> JC
>>>
>>> If you think payment is the question, not treatment, then I have to
>>> ask payment for what? The cost of (let's say) a liver transplant
>>> for a patient who is going to die soon, whether or not the
>>> transplant occurs, is WAY more than the cost of palliative
>>> treatment. I have to ask what we are insuring against. A basic
>>> low(er) level of treatment costs, or the costs of treating
>>> everything. IMNSHO, a asic level of insurance (however defined)
>>> should be compulsory (yes, that bad word, and whether the employee
>>> or the employer pays is ultimately only semantics). On top of that
>>> a person should be allowed to insure against the costs of more
>>> complex events/procedures. Freedom of personal choice, etc., etc.
>>>
>>> Society needs some kind of insurance, and the current system is
>>> dysfunctional.
>>
>> Government in the medical business is a permanent solution to a
>> temporary problem. When I was a kid, when you got sick you went to
>> the doctor and he did what he could and it didn't cost much. Now he
>> can do a lot more but it's all cutting edge and the costs are
>> horrendous. A hundred years from now when the technologies have
>> matured and an NMR scanner is a child's plaything that you get at
>> Toys R Us for 50 bucks it's going to be back to where most people
>> can pay for most medical issues out of pocket without it hurting
>> particularly.
>>
>> But if we get government involved now then government will still be
>> involved then.
>
>
> So would you rather have the government be involved in health care or
> just leave it in the hands of people like used car salesmen? There
> are private alternatives that are worse than the government. How
> about having Bernie Madoff handling your health care or the
> management of AIG? Think they would be better than the government? I
> don't. The greed of businessmen is what makes them unacceptable for
> making decisions on people's health care. You need people that aren't
> going to profit from your health problems making the decisions.
> Hopefully, medical professionals without a financial interest would
> decide what you need.

I'd rather have _me_ making the decisions thank you.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 2:31 PM

HeyBub wrote:
> rangerssuck wrote:
>>>
>>> Public policy made on the basis of ancedotal or apophrycal instances
>>> or the "how would you feel if..." mantra is virtually guaranteed to
>>> be bad public policy.
>>
>> Guaranteed by whom? The entire concept of insurance is based on "what
>> if."
>
> Guaranteed by the laws of unintended consequences. "How would you
> feel if your grandmother was run over by an 18-wheeler?" would be a
> ghastly reason to ban interstate trucking.
>
> Insurance is NOT based on single episodes (unless you're talking
> about a Lloyd's policy on the size of Pam Anderson's tits).

A real world example was the guy who took out a policy with Lloyds that paid
off if they put a man on the Moon the year the Mets won the pennant. Who'da
thunk . . .

AB

Andrew Barss

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 3:39 AM

In rec.woodworking HeyBub <[email protected]> wrote:
: rangerssuck wrote:
:>
:> Well I think you've hit the nail on the head. The problem here is that
:> those on the right really don't believe that there is such a thing as
:> "common good." They believe that the good of individuals is the only
:> goal. As long as I am doing well, it doesn't really matter how you are
:> doing - that's your problem.

: Right. Adam Smith settled this hash in the 18th Century with the publication
: of "The Wealth of Nations." In that work, he posited the "Invisible Hand"
: (viz.) concept which, briefly, says that when all act in their own best
: interests, the community, as a whole, prospers.

Didn't Adam Smith also posit the need for regulation of the market
(as most discussions of his theory fail to note)?

--- Andy Barss

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 9:04 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> William Wixon wrote:
>>> "Han" <[email protected]> wrote in message
>>> news:[email protected]...
>>>
>>>> That is a refreshing point of view, and I would love to 100%
>>>> support it. However, hospitals and doctors need to be profitable,
>>>> at least to the extent they aren't losing money. To find the
>>>> right balance between reasonably profitable and not losing money
>>>> is the problem, both from the doctors' point of view and the
>>>> patients'.
>>>>
>>>>
>>>> --
>>>> Best regards
>>>> Han
>>>
>>> i'm not an expert. i'm wondering why do hospitals need to be
>>> profitable? just had a thought, when the government builds a road i
>>> don't think there's any expectation it's going to turn a profit, it
>>> surely profits us all, and it enables businesses to profit, but
>>> (non-toll, and probably a good many toll) roads, i don't think,
>>> earn a profit. infrastructure. can't the health of citizens, by
>>> some stretch of the imagination, be considered "infrastructure"?
>>> or toward some common good?
>>>
>>> b.w.
>>>
>>>
>>
>> I do not wish our hospitals to be run at the same levels as the DMV
>> or the Highway Department...
>
>
> Would you prefer if they were run like General Motors or AIG, those
> paragons of American business expertise?

Better that than the California Air Resources Board and the National Labor
Relations Board which between them share a good deal of the blame for GM's
current predicament.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 9:07 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>>>>>>>> What's irritating is that no matter how many times you show
>>>>>>>>> these numbers
>>>>>>>> to
>>>>>>>>> right wing guys it just doesn't sink in
>>>>>>>>>
>>>>>>>>> Hawke
>>>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>>>> problem is while it is easy to come up with those numbers, it
>>>>>>>> is a lot harder to know why. Correlation does not mean cause
>>>>>>>> and effect.
>>>>>>>>
>>>>>>>> An easy way to decrease the cost of healthcare in the US,
>>>>>>>> would be to eliminate all procedures which will only prolong
>>>>>>>> someones life by six months and also eliminate all procedures
>>>>>>>> that do not have a proven success record. If we had done this
>>>>>>>> say thirty years ago, we would not have any heart transplants
>>>>>>>> , artificial heart valves, etc.
>>>>>>>>
>>>>>>>> Dan
>>>>>>> Until you have been involved in the decision whether to treat a
>>>>>>> loved one aggressively to prolong life or let go ("let nature
>>>>>>> take its course"), you don't know what you are talking about.
>>>>>> It isn't a question of treatment or not. The question is payment.
>>>>>> There isn't any reason a person shouldn't be able to buy
>>>>>> insurance to cover anything they need.
>>>>>> Their needs, and the needs of their families for emotional
>>>>>> placation, are not the needs of society.
>>>>>>
>>>>>> JC
>>>>> If you think payment is the question, not treatment, then I have
>>>>> to ask payment for what? The cost of (let's say) a liver
>>>>> transplant for a patient who is going to die soon, whether or not
>>>>> the transplant occurs, is WAY more than the cost of palliative
>>>>> treatment. I have to ask what we are insuring against. A basic
>>>>> low(er) level of treatment costs, or the costs of treating
>>>>> everything. IMNSHO, a asic level of insurance (however defined)
>>>>> should be compulsory (yes, that bad word, and whether the
>>>>> employee or the employer pays is ultimately only semantics). On
>>>>> top of that a person should be allowed to insure against the
>>>>> costs of more complex events/procedures. Freedom of personal
>>>>> choice, etc., etc.
>>>>>
>>>>> Society needs some kind of insurance, and the current system is
>>>>> dysfunctional.
>>>> Government in the medical business is a permanent solution to a
>>>> temporary problem. When I was a kid, when you got sick you went
>>>> to the doctor and he did what he could and it didn't cost much.
>>>> Now he can do a lot more but it's all cutting edge and the costs
>>>> are horrendous. A hundred years from now when the technologies
>>>> have matured and an NMR scanner is a child's plaything that you
>>>> get at Toys R Us for 50 bucks it's going to be back to where most
>>>> people can pay for most medical issues out of pocket without it
>>>> hurting particularly.
>>>>
>>>> But if we get government involved now then government will still
>>>> be involved then.
>>>
>>>
>>> So would you rather have the government be involved in health care
>>> or just leave it in the hands of people like used car salesmen?
>>> There are private alternatives that are worse than the government.
>>> How about having Bernie Madoff handling your health care or the
>>> management of AIG? Think they would be better than the government?
>>> I don't. The greed of businessmen is what
>>
>> False dichtomy and strawman. These are not the only choices.
>>
>>> makes them unacceptable for making decisions on people's health
>>> care. You need people that aren't going to profit from your health
>>> problems making the decisions. Hopefully, medical professionals
>>> without a financial interest would decide what you need.
>>>
>>> Hawke
>>>
>>>
>>
>> This is hands-down the low point of this thread. If no one made a
>> profit in healthcare there would be NO healthcare. Why should gifted
>> people become doctors, pharma reseachers, nurses, or pharmacists?
>> Without profit where is the incentive to risk $500M - $1B *per new
>> drug* on the research side of things. In short, there would be few or
>> no "medical professionals without a financial interest [to] decide
>> what you need" without the opportunity for profit.
>>
>> I'll take greedy business people over boneheaded collectivist
>> ideology any day of the week.
>
>
> Of course you would but that is because of your short sightedness and
> adherence to discredited right wing ideology, not because of the
> facts. Plenty of organizations and businesses are non profit and they
> operate just as efficiently and effectively as the for profit ones.
> But how can that be when only profits make a business work? Or maybe
> your set in stone beliefs are wrong.

A "non profit" that doesn't run at a profit goes under very quickly.
Calling your surplus of income over expendtures something other than
"profit" doesn't make it any less so.

And how many non-profits have brought new products to market?

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 9:08 AM

Hawke wrote:
> "HeyBub" <[email protected]> wrote in message
> news:[email protected]...
>> rangerssuck wrote:
>>>
>>> Well I think you've hit the nail on the head. The problem here is
>>> that those on the right really don't believe that there is such a
>>> thing as "common good." They believe that the good of individuals
>>> is the only goal. As long as I am doing well, it doesn't really
>>> matter how you are doing - that's your problem.
>>
>> Right. Adam Smith settled this hash in the 18th Century with the
>> publication of "The Wealth of Nations." In that work, he posited the
>> "Invisible Hand" (viz.) concept which, briefly, says that when all
>> act in their own best interests, the community, as a whole, prospers.
>>
>> Conversely, history has demonstrated that when all are compelled to
>> work for the "common good" the community suffers.
>
>
> History has also demonstrated that it has passed by most of the 18th
> century Adam Smith concepts just like it kicked to the curb other
> ideas of the time like women are chattel and blacks are not human
> beings. If Smith were alive today he'd disavow nearly everything he
> wrote in 1776.

And you know this how? Because in your little world the only person who can
be right is you?

What communist country has ever succeeded?

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 6:03 PM

Hawke wrote:
>>>>> So would you rather have the government be involved in health care
>>>>> or just leave it in the hands of people like used car salesmen?
>>>>> There are private alternatives that are worse than the government.
>>>>> How about having Bernie Madoff handling your health care or the
>>>>> management of AIG? Think they would be better than the government?
>>>>> I don't. The greed of businessmen is what
>>>>
>>>> False dichtomy and strawman. These are not the only choices.
>>>>
>>>>> makes them unacceptable for making decisions on people's health
>>>>> care. You need people that aren't going to profit from your health
>>>>> problems making the decisions. Hopefully, medical professionals
>>>>> without a financial interest would decide what you need.
>>>>>
>>>>> Hawke
>>>>>
>>>>>
>>>>
>>>> This is hands-down the low point of this thread. If no one made a
>>>> profit in healthcare there would be NO healthcare. Why should
>>>> gifted people become doctors, pharma reseachers, nurses, or
>>>> pharmacists? Without profit where is the incentive to risk $500M -
>>>> $1B *per new drug* on the research side of things. In short, there
>>>> would be few or no "medical professionals without a financial
>>>> interest [to] decide what you need" without the opportunity for
>>>> profit.
>>>>
>>>> I'll take greedy business people over boneheaded collectivist
>>>> ideology any day of the week.
>>>
>>>
>>> Of course you would but that is because of your short sightedness
>>> and adherence to discredited right wing ideology, not because of the
>>> facts. Plenty of organizations and businesses are non profit and
>>> they operate just as efficiently and effectively as the for profit
>>> ones. But how can that be when only profits make a business work?
>>> Or maybe your set in stone beliefs are wrong.
>>
>> A "non profit" that doesn't run at a profit goes under very quickly.
>> Calling your surplus of income over expendtures something other than
>> "profit" doesn't make it any less so.
>>
>> And how many non-profits have brought new products to market?
>
>
> Who knows?

Do you know of _any_?

> But I do know that bringing new products to the market
> isn't only what non-profit businesses do.

Hint--new medications are "new products". If, as you seem to be admitting,
nonprofits do not bring new products to market then who _will_ create new
medications in your workers' paradise?

> In fact many of them are
> not in business to provide new products at all and have completely
> different reasons for being.

That's nice. So where do new meds come from if the pharmaceutical industry
is run as a non-profit?

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 6:06 PM

Hawke wrote:
>>> Take your pick. You can have your freedom or you can be an American
>>> but you can't have both. Because if you're going to be an American
>>> you have given up some of your freedom to be a part of something
>>> bigger and more important than just your own selfish interests.
>>> Being part of a country and "a people"
>>
>> You are dead wrong. My formulation is the one the Framers had in
>> mind. Yours is the artifact of malignant 19th Century philosophy
>> and evil 20th Century politics
>
> Well, when the framers lived the population was 4 million and 90% of
> the population lived within 50 miles of the east coast. Given that,
> they hadn't a clue as to what it would take or be like to keep order
> in a country the size of this one in the 21st century. Plenty of
> ideas of the time have passed. Jefferson thought we should all be
> gentlemen farmers. I don't think he had that right. Thinking you are
> the only person in the world and are free to do anything you want is
> completely passe'.
>
>
>
>>> means that the society and the "people" are more important than the
>>> individuals. Otherwise why would anyone sacrifice anything for
>>> something like "country" when you are all that matters? If you
>>> choose to be a part of
>>
>> You clearly haven't read or understood a shred of U.S. Revolutionary
>> history and its intellectual foundations. Guys like Locke and
>> Jefferson (and Adams, and Madison, and Paine, and Hancock, and
>> Witherspoon, and ...) would hold your view in utter contempt.
>
> They probably would but they don't have the knowledge that I have
> that has come from the hundreds of years since their passing. Times
> have changed and if you look carefully you will find that most of
> their ideas are either no longer working or are so changed that they
> wouldn't recognize them if they saw them in action today. And by the
> way, I hold some of their ideas in comtempt too. Lucky for me I have
> the benefit of a couple centuries of knowledge they didn't. Otherwise
> they would probably have different views too. I can't blame them for
> thinking the way they did then because they were ignorant of many
> things. But you don't have that excuse.
>
>
>
>>> society and part of a nation you make the choice to give up some of
>>> your personal freedom it's the social contract. If you don't like
>>> the terms then get out and find some place else where you live on
>>> your own and are not a part of a larger entity. But if you are a
>>> conservative you want to have everything you want for yourself
>>> without giving anything up to the whole. In other words the honor
>>> system won't work with people like you.
>>
>> I am not a conservative. But you are clearly a liberal - your
>> argument
>> is intellectually dishonest, unconnected to actual history, and ends
>> with "love my view or hit the road".
>
>
> Well, I do believe in liberal democracy, which seems alien to you even
> though you live in one. You seem to be stuck in the wrong century.
> All I am saying is that the world is a different place and the rules
> have changed. You don't get to do everything you want when you live
> in a place with thousands of others in a square mile, which is how
> most Americans live. Like it or not you are part of the machine, the
> society. There are rules to keeping the thing running and keeping
> order. You just are a romantic and have not accepted the realities of
> today's world. Can't say I blame you for that but this is the time
> and place you exist in so I'd say learn to like it. You'll be a lot
> happier.

You should learn to quit telling other people how they should live their
lives, then you would be a lot happier.

Can't get anybody you know to listen to this bullshit in person so you
bombard us with it instead.

<plonk> you and the IP you road in on.

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 9:45 PM

Hawke wrote:
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>>>>>>> So would you rather have the government be involved in health
>>>>>>> care or just leave it in the hands of people like used car
>>>>>>> salesmen? There are private alternatives that are worse than
>>>>>>> the government. How about having Bernie Madoff handling your
>>>>>>> health care or the management of AIG? Think they would be
>>>>>>> better than the government? I don't. The greed of businessmen
>>>>>>> is what
>>>>>>
>>>>>> False dichtomy and strawman. These are not the only choices.
>>>>>>
>>>>>>> makes them unacceptable for making decisions on people's health
>>>>>>> care. You need people that aren't going to profit from your
>>>>>>> health problems making the decisions. Hopefully, medical
>>>>>>> professionals without a financial interest would decide what
>>>>>>> you need.
>>>>>>>
>>>>>>> Hawke
>>>>>>>
>>>>>>>
>>>>>>
>>>>>> This is hands-down the low point of this thread. If no one made a
>>>>>> profit in healthcare there would be NO healthcare. Why should
>>>>>> gifted people become doctors, pharma reseachers, nurses, or
>>>>>> pharmacists? Without profit where is the incentive to risk $500M
>>>>>> - $1B *per new drug* on the research side of things. In short,
>>>>>> there would be few or no "medical professionals without a
>>>>>> financial interest [to] decide what you need" without the
>>>>>> opportunity for profit.
>>>>>>
>>>>>> I'll take greedy business people over boneheaded collectivist
>>>>>> ideology any day of the week.
>>>>>
>>>>>
>>>>> Of course you would but that is because of your short sightedness
>>>>> and adherence to discredited right wing ideology, not because of
>>>>> the facts. Plenty of organizations and businesses are non profit
>>>>> and they operate just as efficiently and effectively as the for
>>>>> profit ones. But how can that be when only profits make a
>>>>> business work? Or maybe your set in stone beliefs are wrong.
>>>>
>>>> A "non profit" that doesn't run at a profit goes under very
>>>> quickly. Calling your surplus of income over expendtures something
>>>> other than "profit" doesn't make it any less so.
>>>>
>>>> And how many non-profits have brought new products to market?
>>>
>>>
>>> Who knows?
>>
>> Do you know of _any_?
>>
>>> But I do know that bringing new products to the market
>>> isn't only what non-profit businesses do.
>>
>> Hint--new medications are "new products". If, as you seem to be
>> admitting, nonprofits do not bring new products to market then who
>> _will_ create new medications in your workers' paradise?
>>
>>> In fact many of them are
>>> not in business to provide new products at all and have completely
>>> different reasons for being.
>>
>> That's nice. So where do new meds come from if the pharmaceutical
>> industry is run as a non-profit?
>
>
> The federal government pays for between 50 and 70% of all research and
> development costs in the pharma industry.

I'd like to see a source for that number. Strange that the Feds will pay
all that money but not demand that they retain rights to the product
developed--the Feds don't usually work that way.

> So there's your answer. It's
> paying for most of the research for new drugs right now and that will
> continue in the foreseeable future. So there you go. By the way, at
> least half of the money spent by pharma goes to advertising not R&D.

So what?

JC

"J. Clarke"

in reply to Curious Man on 04/06/2009 10:12 PM

23/06/2009 10:08 AM

[email protected] wrote:
> On Jun 22, 10:23 pm, "Hawke" <[email protected]> wrote:
>
>
>>
>> We have three good choices for quality health care, four actually.
>> Being French or Canadian, being filthy rich, or being a member of
>> congress. God Damn it!, I don't qualify for any of them. Wouldn't
>> you know it. Being a member of the unwashed masses sucks.
>>
>> Hawke
>
> I think it ought to be a requirement that members of Congress have to
> use only whatever government health plan they come up with.

I think it ought to be a requirement that Congrescritters have to live on
the same amount of income their latest brilliant tax plan leaves for the
average working stiff. But that's not going to happen either.

The Founders really should have institutionalized the watering of the tree
of liberty.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 9:16 AM

Upscale wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
>>> ...and made most of it disappear.
>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>> less than 6 months.
>
> And how *exactly* do you now it's flushed away. As usual, you make all sorts

Because it has been committed by our Dear Leader and thus must be spent.
Most of it is being spent on things that are not necessary and not
permitted of the Federal government under the Constitution Of The US.
Most of it is political pork our Dear Leader is using to pay off his
political IOUs with Other People's Money.

> of wild claims before any type of final result is in. If you had any iota of
> common sense, you'd know that it takes years for final results to be
> tallied.

It will take far less than "years". We will see raging inflation
within less than a decade if the economists are even close to right.

>
> Not so for Tim Daneliuk, your mind is made up now. You're just full of all

That's because my mind is made up by facts and analysis not from smoking
Hopeium.

> kinds of criticism about your current government, but the truth is that

The current government is full of fools and charlatans and is led by
by a dangerous malignancy. There are precious few patriots and thinkers
in the current government.

> people like you are the least able to judge it. You didn't vote for either
> incumbent, you contributed nothing, gave nothing and whine all day about how

There was only one incumbent and he was not eligible to run again, so
you're right - neither I nor anyone else voted for him. I also didn't
vote for either candidate since cooperating with people that wish to
terminate at least some (or all) of your freedoms is self destructive.

> much it's going to cost you. The fact is that all you do is talk. And, that

How much will it cost me, my children, my grandchildren, and possibly
my great-grandchildren to pay off The Messiah's grandstanding? How
much will it cost the nation in prestige and future influence globally?
How much freedom will be undermined and power instead passed to the
government?

I don't know what's going on, huh? So far The Messiah has:

1) Stolen wealth from those that legitimately owned it.
2) Attacked, killed, or nationalized (same as killing) some of the very
largest institutions that produce *new* wealth.
3) Sold out our key ally in the Middle East and at the same time,
bowed his head to the evil dictators of the Middle East.
4) Openly supported the killing of children just weeks before birth.
5) Supported a system of political corruption nation wide that buys
votes with tax money in the form of pork projects. He's done
this at a breathtaking scale never before seen.
6) Generally spent more money that doesn't actually exist in a shorter time
than any U.S. president before him.
7) Demanded public "sacrifice" while government lives like pigs.


> talk is based on nothing more than lack of experience, lack of action and
> lack of any kind of involvement.

It's based on a desire to not be anyone's slave. I realize that a good
many people like been well kept pets, but I'm not one of them.

>
> You're a "nothing" Tim and that's the worst kind of citizen.

I guess it's more honorable to be a citizen that wallows in being
a ward of the state.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 10:43 AM

Tom Watson wrote:
> On Mon, 08 Jun 2009 01:58:09 -0500, Tim Daneliuk
> <[email protected]> wrote:
>
>> Until/unless the Sheeple decide that being free is better than being a
>> well kept by the political classes, the republic is doomed ...
>
>
> I've sent some of your shtick over to Jeff Dunham. Please send him a
> photo so he can carve a good likeness.
>

I sometimes find myself in the smallest room of the house with a
printout of your "shtick" before me. It often ends up behind me.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 10:28 AM

Hawke wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Lew Hodgett wrote:
>>> "rangerssuck" wrote:
>>>
>>> ===================================
>>> Well I think you've hit the nail on the head. The problem here is that
>>> those on the right really don't believe that there is such a thing as
>>> "common good." They believe that the good of individuals is the only
>>> goal. As long as I am doing well, it doesn't really matter how you are
>>> doing - that's your problem.
>>> =======================================
>>>
>>> AKA: The Reagen doctrine.
>>>
>>> I got mine, you're on your own.
>>>
>>> Lew
>>>
>>>
>> No, the doctrine is called 'individual liberty'.
>>
>> Outside some very narrow areas like the so-called "commons" (air,
>> water, risk of pandemic disease ...) there is no such thing as the
>> "common good". The "common good" is a pernicious notion invented by
>> people seeking power so that you'll follow them. They appeal to the
>> "but its good for everyone" argument, neglecting the fact that such
>> schemes inevitably require people to give up some or all of their
>> liberty. Such schemes benefit some to the detriment of others.
>> Such schemes place the few in charge of the many. Such schemes
>> are essentially totalitarian, dishonest, at least dangerous,
>> and at worst murderous. Such schemes cripple political, religious,
>> intellectual, and economic freedom.
>>
>> I struggle sometimes to know what's good for me. I am pretty sure I
>> don't know what's good for you and I am *certain* that I do not know
>> what's good for other larger groups of people, the "common good". So
>> long as people do not steal, use force, or threaten each other, it is
>> simply no one else's business how they live their lives (as adults).
>>
>> "The Common Good" in many forms has been the basic argument put forth
>> by every thug, gang, tin pot dictator, genocidal maniac, and human
>> rights violater throughout history. The argument took on many forms:
>>
>> - Do it for the good of the tribe
>> - Do if for in the name of God
>> - Do it for the good of your Sovereign
>> - Do if for the good of your nation/community/race/ethnicity/cause
>>
>> Every single one of these Common Good arguments always boils down to,
>> "You the many shall be forced to do what we the few dictate." The last
>> 100 years alone is littered with the results of people forcing the
>> "Common Good" down their neighbors' throats. Here's just a few
>> memories from the Common Good Hit Parade
>>
>> - The Bolshevik Revolution
>> - 1930s starvation of the Ukrainians by the Russians
>> - The attack of Nanking by Japan
>> - 1935 and following in Germany, Japan, and Italy
>> - Viet Nam, Cambodia, Laos
>> - The Chinese Maoist era
>> - The Castro Era
>> - Muslim-on-Muslim violence in the Middle East
>> - Congo, Somalia, Mauretania, South Africa, and Darfur
>> - Hussein's Iraq
>>
>> *Every one of these* were genocidal nightmares (Hitler, Stalin,
>> and Tojo alone top something staggering like 100M dead at their
>> hands. Pol Pot was good for 1.7M. The Tutsi-Huttus another 1+M.
>> The Muslims of the Middle East, some 3+ M.). *Every one of these*
>> argued that they were working for the "common good" of their
>> people/nation/tribe/religion ...
>>
>> You can keep your common good and the attendant villagers with
>> torches. I want my freedom ...
>
>
>
> Take your pick. You can have your freedom or you can be an American but you
> can't have both. Because if you're going to be an American you have given up
> some of your freedom to be a part of something bigger and more important
> than just your own selfish interests. Being part of a country and "a people"

You are dead wrong. My formulation is the one the Framers had in
mind. Yours is the artifact of malignant 19th Century philosophy
and evil 20th Century politics.

> means that the society and the "people" are more important than the
> individuals. Otherwise why would anyone sacrifice anything for something
> like "country" when you are all that matters? If you choose to be a part of

You clearly haven't read or understood a shred of U.S. Revolutionary
history and its intellectual foundations. Guys like Locke and Jefferson
(and Adams, and Madison, and Paine, and Hancock, and Witherspoon, and ...)
would hold your view in utter contempt.

> society and part of a nation you make the choice to give up some of your
> personal freedom it's the social contract. If you don't like the terms then
> get out and find some place else where you live on your own and are not a
> part of a larger entity. But if you are a conservative you want to have
> everything you want for yourself without giving anything up to the whole. In
> other words the honor system won't work with people like you.

I am not a conservative. But you are clearly a liberal - your argument
is intellectually dishonest, unconnected to actual history, and ends
with "love my view or hit the road".

>


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 4:04 PM

Robatoy wrote:
> On Jun 9, 8:41 am, "HeyBub" <[email protected]> wrote:
>
>>
>> And there are still some adults in positions of responsibility. Ruth
>> Bader Ginsburg(!) just ordered a stay in the sale of Chrysler to
>> Fiat to keep 1st priority bond holders from being forced to take 23¢
>> on the dollar.
>
> By the time those efficiency experts at SCOTUS are done with this,
> they'll be lucky to get 10¢ on the dollar.

The court is not into "efficiency," they're into the rule of law. The deal
with Fiat was a clear violation of both bankruptcy and contract statutes.
The Chrysler bond holders - pension trustees, insurance companies, and the
like - owed a clear fiduciary duty to their members to protest.

As I understand it, the bonds were bought with the provision that, in the
event of bankruptcy, the bond holders would be paid first and at a
significantly higher rate that the 23% that the Obama administration
insisted upon.

Pn

Phisherman

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 6:22 AM

On Mon, 08 Jun 2009 01:22:58 -0500, Tim Daneliuk
<[email protected]> wrote:

>Robatoy wrote:
>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>
>>> . The thing the Republicans supported - in the
>>> last administration - was less than a trillion ($837 billion if I recall
>>> correctly).
>>
>> ...and made most of it disappear.
>
>So much unlike the nearly $4T Our Dear Leader at present a flushed in
>less than 6 months.


I agree. Obama's unresponsible spending has left me in total disgust.
I am looking for work (where are the jobs???) and this is ruining our
economy. Right now I could use another President like Bill Clinton.
At least he balanced the budget, I was gainfully employed and paying
my taxes.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 1:39 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
> > Hawke wrote:
> >> "J. Clarke" <[email protected]> wrote in message
> >> news:[email protected]...
> >>> Hawke wrote:
> >>>>>>>> So would you rather have the government be involved in health
> >>>>>>>> care or just leave it in the hands of people like used car
> >>>>>>>> salesmen? There are private alternatives that are worse than
> >>>>>>>> the government. How about having Bernie Madoff handling your
> >>>>>>>> health care or the management of AIG? Think they would be
> >>>>>>>> better than the government? I don't. The greed of businessmen
> >>>>>>>> is what
> >>>>>>>
> >>>>>>> False dichtomy and strawman. These are not the only choices.
> >>>>>>>
> >>>>>>>> makes them unacceptable for making decisions on people's health
> >>>>>>>> care. You need people that aren't going to profit from your
> >>>>>>>> health problems making the decisions. Hopefully, medical
> >>>>>>>> professionals without a financial interest would decide what
> >>>>>>>> you need.
> >>>>>>>>
> >>>>>>>> Hawke
> >>>>>>>>
> >>>>>>>>
> >>>>>>>
> >>>>>>> This is hands-down the low point of this thread. If no one made a
> >>>>>>> profit in healthcare there would be NO healthcare. Why should
> >>>>>>> gifted people become doctors, pharma reseachers, nurses, or
> >>>>>>> pharmacists? Without profit where is the incentive to risk $500M
> >>>>>>> - $1B *per new drug* on the research side of things. In short,
> >>>>>>> there would be few or no "medical professionals without a
> >>>>>>> financial interest [to] decide what you need" without the
> >>>>>>> opportunity for profit.
> >>>>>>>
> >>>>>>> I'll take greedy business people over boneheaded collectivist
> >>>>>>> ideology any day of the week.
> >>>>>>
> >>>>>>
> >>>>>> Of course you would but that is because of your short sightedness
> >>>>>> and adherence to discredited right wing ideology, not because of
> >>>>>> the facts. Plenty of organizations and businesses are non profit
> >>>>>> and they operate just as efficiently and effectively as the for
> >>>>>> profit ones. But how can that be when only profits make a
> >>>>>> business work? Or maybe your set in stone beliefs are wrong.
> >>>>>
> >>>>> A "non profit" that doesn't run at a profit goes under very
> >>>>> quickly. Calling your surplus of income over expendtures something
> >>>>> other than "profit" doesn't make it any less so.
> >>>>>
> >>>>> And how many non-profits have brought new products to market?
> >>>>
> >>>>
> >>>> Who knows?
> >>>
> >>> Do you know of _any_?
> >>>
> >>>> But I do know that bringing new products to the market
> >>>> isn't only what non-profit businesses do.
> >>>
> >>> Hint--new medications are "new products". If, as you seem to be
> >>> admitting, nonprofits do not bring new products to market then who
> >>> _will_ create new medications in your workers' paradise?
> >>>
> >>>> In fact many of them are
> >>>> not in business to provide new products at all and have completely
> >>>> different reasons for being.
> >>>
> >>> That's nice. So where do new meds come from if the pharmaceutical
> >>> industry is run as a non-profit?
> >>
> >>
> >> The federal government pays for between 50 and 70% of all research and
> >> development costs in the pharma industry.
> >
> > I'd like to see a source for that number. Strange that the Feds will
pay
> > all that money but not demand that they retain rights to the product
> > developed--the Feds don't usually work that way.
>
> They don't retain the rights. It's a backhanded way to finance university
> medical research; they cut off most federal money, so now the universities
> get to keep the licensing fees.
>
> However, as I mentioned, the R&D that Hawke is talking about is *basic*
> research, and only a small fraction of the total research costs needed to
> get a drug ready for medical use. Most of it -- especially the very
> expensive clinical trials -- are paid by the pharma industry.
>
> >
> >> So there's your answer. It's
> >> paying for most of the research for new drugs right now and that will
> >> continue in the foreseeable future. So there you go. By the way, at
> >> least half of the money spent by pharma goes to advertising not R&D.
> >
> > So what?
>
> The "half" figure is not accurate, either. It's less than 1/3.
>
> This is a controversial subject and the only way to get a realistic view
of
> it is to really dig deep into the facts. The advocates on both sides have
a
> very easy time of muddying the waters because the system is very complex.
>
> --
> Ed Huntress


Like I said, I'm getting those stats from Ha-Joon Chang, the well noted
economist (Google him if you like). In his book he goes into this. Since
he's an economist and has written a book and mentions this specifically I
think his statistics are probably accurate. He has great credentials. A
Cambridge educated economics professor, with a mentor like Joe Steglitz,
writing on this I think is a pretty reliable source. Of course, you can
disagree with him but I'd like to see the credentials of who you do believe.

Hawke

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 4:09 PM


> > Yeah, that would seem true when you take it out of context like you did.
> > Anyone reading the following qualifying statements would not get that
> > impression though. He's not just "any" economist. But then you would
argue
> > with a Nobel Prize winning economist like Joe Steglitz or Paul Krugman
> > wouldn't you, even though they have Ph.D.s in economics and you don't.
You
> > remind me of the Monty Python comedian who wrote the book, "How to Argue
> > with Anyone". Your discounting of Chang's work is equally as silly.
> >
> > Hawke
> >
> >
>
> But I'm *not* discounting his work. I'm discounting the confidence you
> place in economics as a discipline and upon a single source no less.
> Economics is barely a science - hence the term "Dismal Science". It's
> predictive powers have been poor at best. You cite Krugman and I'll
> cite von Mises, Hayek, and Friedman any one of whom (I'd argue)
> contributed considerably more to making economics useful than
> Krugman, but of course that's just my opinion and subject to revision.
> The point wasn't to make fun of your source, but rather suggest that
> breathless confidence in such a source is misplaced. If this thread - and
the
> entire history of economics - demonstrates anything is that the
> field hasn't exactly distinguished itself with great results.
>
> As to having received a Nobel, so did Carter (a incompetent political
> hack), Arafat (a murdering thug), and Gore (a fraud and opportunist
> feeding at the public trough) thereby demonstrating that the vacuity
> of award today as it is made the handmaiden of political correctness.


You may be surprised but I do agree with you on two points; one is that I
have little faith in economists or economics as a "science", and Nobel
prizes can be pretty meaningless. Even so, as a rule a real scientist who
wins a Nobel prize usually deserves the credit for it. Just because they
goof up every so often when they give them out for political reasons doesn't
mean they are all like that. As for Chang and his work, I think it has merit
and that his statistics are probably accurate. He says that 50% to 70% of
all research in pharma comes from the federal government. I'd be willing to
bet he can back that up pretty well. I doubt he just made that up for his
own gratification. But if you have statistics that prove those numbers wrong
then let's see them.

Hawke

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:18 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> HeyBub wrote:
>>> Too_Many_Tools wrote:
>>>
>>>> Deficit spending and the WPA kept millions of people from starving.
>>>>
>>>> I think that is accomplishing something.
>>> Yes, but if avoiding starvation was the goal, they did it the wrong way.
>>>
>>> Simply handing out food would have been cheaper, more efficient, and more
>>> universal. Once again, a government program with a lofty goal, cost twice
>>> as
>>> much as it should and didn't fully address the problem.
>>>
>>>> Go hungry for a week and get back to us with your changed attitude.
>>>>
>>>> As for excessive spending...where were you when Bush spent a TRILLION
>>>> dollars on a war that had no Iraq - 9/11 connection.
>>>>
>>>
>>> Right here. I was also right here when Obama committed $1.85 trillion
>>> more
>>> than revenue in the first quarter of this year. I'll be here as he spends
>>> another $6.6 trillion (in excess of revenues) over the next few years.
>>> http://pajamasmedia.com/instapundit/files/2009/04/obamadebt.jpg
>>>
>>> The sad part is, Obama's expenditures don't guarantee we get to kill any
>>> enemies.
>>>
>>>
>> No, the sad part is that the foaming Bush-haters will never figure out
>> that however fiscally irresponsible Bush was (and he was), Obama
>> is at least an order of magnitude (base 10) worse, and he may
>> even top that before it's all over...
>
> That's not irresponsible. Deficit spending -- whether it's spending
> increases or tax cuts -- during a time of economic strength or stability is
> outright irresponsible. Cheney said "Reagan proved that deficits don't
> matter," and Bush ran with it. That's not Keynes; that's just nuts.
>
> Obama is spending in a violent economic downturn. That's what most
> economists agree you should do. Then, like Clinton (who got lucky, but at
> least he didn't do a Bush), you try to pay down the debt in good times.
> That's Keynes.
>
> --
> Ed Huntress
>
>

It is far from demonstrated that what you've written above actually
works. It is a theory without demonstration. Consensus among academics
does not make something true, and this is all the more the case when
the discipline in question has gets an F- for its predictions in the
past. (A parallel example exists in the Global Cooling, I mean Global
Warming, oh, ... uh ... Climate Change community whose predictions
have universally been far wrong...)

Spending money you do not have and have little hope of repaying if you
borrow it is flatly irresponsible whether it is Obama or the guy down
the street that bought a $300K house, a boat, and a 60" flatscreen TV
on a $55K income. The issue at stake here is whether Obama can pull
off the "paying it back" part. I don't think he can. There isn't a
historical example that shows this will work and even you Keynesians
are worried he's not spending enough. We're in a lost endgame.

----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:59 PM

Too_Many_Tools wrote:
> On Jun 9, 12:16 am, Tim Daneliuk <[email protected]> wrote:
>> Too_Many_Tools wrote:
>>> On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
>>>> Robatoy wrote:
>>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>>>> And if you can blame Bush for what happened during the last 100 days of his
>>>>>> administration, then you've got no complaint when criticism is leveled at
>>>>>> the first 100 days of Obama's.
>>>>> That, of course, is a crock of shit.
>>>>> Bush had the best part of 7 years to take a run at his last 100 days,
>>>>> as opposed to Obama who got the aftershocks AND he started from
>>>>> scratch.
>>>>> To compare both is ludicrous.
>>>>> I can't believe you made that comparison.
>>>>> r
>>>> OK, so with what do you disagree:
>>>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>>> 2) The Dems took over Congress and in less than two years
>>>> the growth stopped.
>>>> These are both factual statements BTW, but I am less inclined to a
>>>> cause-effect relationship in 2) than the political Right believes. The
>>>> underlying problem here started way before Bush was every in office.
>>>> It has its roots in the neverending evil of believing that government
>>>> should be in the "social justice" business and that government can
>>>> ignore economic reality - to whit, that it could jigger the financial
>>>> system to "encourage" lending to low income earners, crack whores, and
>>>> other Democrats and that there would be no consequence to such a
>>>> program. The people who affirmed such programs were dead wrong. It's a
>>>> tribute to the strength of our markets and the power of Capitalism
>>>> that it took as long as it did to crater. In short, this is not a
>>>> "Bush" problem. It is a "stealing from some to give to others" problem
>>>> that's been around well over 5 decades.
>>>> BTW, Obama did not "start from scratch". He exploited an economic
>>>> problem to implement his quasi-Marxist lunacy. There were far less
>>>> overreaching ways the government could have engaged with the economy
>>>> other than taking everything over. Even assuming that the credit
>>>> liquidity problem was as bad and dangerous as claimed, Obama could
>>>> have had his silly little bailouts without also signing up for the
>>>> biggest pork spending bill in history.
>>>> --
>>>> ----------------------------------------------------------------------------
>>>> Tim Daneliuk [email protected]
>>>> PGP Key: http://www.tundraware.com/PGP/
>>> Tim...the supposed growth you are noting is smoke.
>>> Want to tell us how the deficit spending was doing at that time?
>>> And very convenient how you are ignoring the money that Bush threw at
>>> the liquidity problem...are you legally blind to any Republican
>>> faults?
>>> TMT
>> Bush did not throw liquidity at the problem. The Fed did, and they
>> are nominally an independent board.
>>
>> The growth - much of it - was very real. The problem today is not
>> that there was not real growth, it is that the system got hijacked
>> by an irresponsible government, population, and credit system
>> for decades in some cases.
>>
>> Deficit spending did amp up under W - something he is very properly
>> criticized for. And yes, there are many Republican faults. But
>> this subthread of "it's all W's fault" is nonsense. If W is guilty
>> in part, it is a pretty small part. There are decades of governmental
>> stupidity that account for far, far more. A casual look at your
>> tax booklet will illuminate the fact that well over half of
>> Federal government spending is on social entitlements that are neither
>> Constitutionally legitimate, nor a very smart investement. You want
>> to blame someone, start with FDR, visit Johnson, Nixon, Carter,
>> Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
>> Durbin, Schumer, et al. And yes, I left Reagan out because his few
>> downsides here were vastly overweighed by the peace dividend he
>> produced in finally decapitating the Sovs.
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> Uh...better check out who Mr. Bailout really was....Bush.
>
> TMT

It seems you have trouble with both reading what I wrote and elementary
arithmetic. Bush improperly spent money - he was a Republican statist.
But he spent a *fraction* of the money - even on bailouts - that
the current Marxist-in-all-but-name President has and intends to.
Bush was a broken leg to the republic. Our Dear Leader of the moment
is a fatal cancer.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 3:31 PM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Doug Winterburn" <[email protected]> wrote in message
>>> news:[email protected]...
>>>> Ed Huntress wrote:
>>>>> "Doug Winterburn" <[email protected]> wrote in message
>>> <snip>
>>>
>>>>>> I guess it's old math - the meaning of surplus, deficit and their
>>>>>> effect
>>>>>> on debt. If you have a deficit (expenses exceed revenue), your debt
>>>>>> goes up because you had to borrow the difference. If you have a
>>>>>> surplus
>>>>>> (income exceeds expenses), your debt goes down because you use the
>>>>>> difference to pay some/all of your debt. At least that's the way it
>>>>>> works in my house.
>>>>> Equating a household's finances with the finances of our federal
>>>>> government
>>>>> is the source of a great deal of confusion. In our case, most of the
>>>>> confusion is the result of having intragovernmental accounts, which
>>>>> don't
>>>>> work like a household at all. SS is a pay-as-you-go program, as it
>>>>> always
>>>>> has been, but we've larded it with this bit of accounting since the
>>>>> mid-'80s, in which we issue special bonds in exchange for surplus SS
>>>>> revenue. Meanwhile, we're taking in the revenue, which is counted as
>>>>> current
>>>>> revenue, and we're making SS payments, which is counted as current
>>>>> expenses.
>>>>> The fact that we might have to pay a shortfall out of future general
>>>>> revenues will look good on paper -- we'll be retiring some of those SS
>>>>> bonds
>>>>> when we do it -- but it isn't going to change the fact that we have to
>>>>> pay
>>>>> them out of current revenues. Both ways, the "bonds" create a fictional
>>>>> idea
>>>>> of what is happening, because, again, there is no way to store those
>>>>> surpluses.
>>>> Sure there is - invest in non government instruments. But that would
>>>> mean the dreaded privatization word would enter the picture.
>>> Uh, would you rather have had GM Preferred or would you just go for
>>> California state bonds? <ggg!>
>>>
>>> There are many problems with that. For one thing, you'd have the federal
>>> government locked into a positive feedback loop with the state of the
>>> stock
>>> or bond markets. For another, you'd have the government having to protect
>>> its own investments -- tempting preferential treatment.
>>>
>>> Or you could just invest it in a S&P index fund which would reduce the
>>> preferential treatment issue. Let's see, how much money did they lose
>>> over
>>> the past year?....
>> It sure did better than what happens now - all the surplus is spent and
>> the only way to recoup is to tax folks again for the same purpose.
>
> But surplus spent now is additional income taxes they don't have to collect
> now. Spending surplus doesn't add or subtract from total taxes. And if you
> want to cut expenditures, organize a lobby and decide whether you want to
> face old people with pitchforks, or veterans with rifles. <g> There aren't
> many other places where there's much to cut.
>
>>> Ain't no way. Nohow.
>>>
>>>>> The two problems with that are, first, that the bonds don't represent
>>>>> any
>>>>> additional debt. The future obligations are the result of a statutory
>>>>> program. The bonds help clean up the accounting. But there is no more
>>>>> or
>>>>> less "debt" owed for future SS obligations than there was before we
>>>>> used
>>>>> the
>>>>> bond gizmo to account for it. In that sense, there is no parallel to a
>>>>> household. We don't replace statutory obligations with I.O.U.s at home.
>>>>> If
>>>>> we tried it with our taxes, for example, we could find that the
>>>>> government
>>>>> takes a very dim view of it. <g>
>>>>>
>>>>> The second problem is that, from an accounting point of view, this has
>>>>> the
>>>>> unfortunate effect of adding the value of the "bonds" to our total
>>>>> debt --
>>>>> even though our system works entirely on currect accounts, and there is
>>>>> no
>>>>> real way to offset the debt represented by those bonds. This is totally
>>>>> unlike a household, where you could put the cash in a savings account
>>>>> or
>>>>> invest it in something. So the debt goes up, even when nothing really
>>>>> changed, either in terms of current revenues and expenses, nor in our
>>>>> future
>>>>> obligations.
>>>>>
>>>>> If you keep all the pieces in mind, the use of bonds in a "Trust Fund"
>>>>> is
>>>>> a
>>>>> useful accounting device and helps keep track of where SS stands. But
>>>>> when
>>>>> you're looking at the "national debt," and use total debt as the value
>>>>> for
>>>>> it, it just keeps adding something that isn't really there.
>>>>>
>>>>> In accounting terms, it will come out in the wash when we retire the
>>>>> bonds -- if we ever do. But that may be decades away. Meantime, they
>>>>> screw
>>>>> up the impression many people have of what is happening. Many think the
>>>>> cash
>>>>> is going into a pot somewhere. When you ask them what the Treasury is
>>>>> supposed to do with that revenue, most of them give you a blank stare.
>>>>> <g>
>>>> The question shouldn't be what the Treasury shhould do with the excess
>>>> revenue - it should be what the SS administration should do with them.
>>> I'm surprised that you'd trust them to invest your retirement money.
>> Actually, I don't. That's why I invested 10% of my gross in public
>> instruments so I now have a real retirement fund that is paying out much
>> better than SS.
>
> Good for you. May your luck hold.
>
>>> Actually, they've already invested in what is considered by investors
>>> around
>>> the world to be the world's most secure investment: US Treasury bonds.
>>>
>>>>>> In the governments case, it doesn't really matter who they owe money
>>>>>> to
>>>>>> - China or the SS trust fund or a savings bond holder. When a bond
>>>>>> holder redeems a bond, the taxpayer is the source of the money.
>>>>> Right. But when you hold the bond, as the federal government does, and
>>>>> you're the payer of the bond, as the federal government is...it gets a
>>>>> little strange. Internal accounting is a useful thing. Just don't mix
>>>>> it
>>>>> up
>>>>> with money we owe to someone else.
>>>> It may well be converted to money we owe someone else. The Treasury may
>>>> have to issue public bonds to raise the cash to pay the SS
>>>> administration. Kind of like paying off your Mastercard with your VISA
>>>> card.
>>> Possibly. Let's hope that SS is reformed enough by then that it won't
>>> have
>>> to be funded (for long periods, anyway) with debt.
>> It already is.
>
> No. It's funded by current revenues.
>
> --
> Ed Huntress
>
>
<Butts In To Ask A Really Dumb Question>

OK, here's what I don't understand. If SS is paid out of
current revenues - indeed *all* statutory entitlement
commitments are, if I understand your explanations - then
just *what* is responsible for our national debt? Debt
is only possible if we're spending more than we're collecting
as a nation. No amount of accounting gymnastics changes
this. Since statutory entitlements comprise well over half
the annual budget, the rest primarily being Defense, servicing
the debt and administration (what we in the Real World call
"SG & A"), are you arguing that the debt is entirely a
consequence of these latter three? 'Seems unlikely to me.

Inquiring minds wanna know...



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

kk

krw

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 7:48 PM

On Thu, 04 Jun 2009 18:32:31 -0500, cavelamb <[email protected]>
wrote:

>krw wrote:
>> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
>> <[email protected]> wrote:
>>
>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>> harmful substances, whereas "conservatives" are hard working, self
>>> reliant people who are very well off due to their own perseverance and
>>> work ethic.
>>>
>>> And yet, the few self proclaimed or suspected liberals and Obama
>>> supporters of this newsgroup, seem to be very well off, accomplished
>>> people, whereas many conservatives, while intelligent and interesting
>>> people on many levels, are not exactly above that kind of level of
>>> attainment.
>>
>> Show us your data. IOW, you're talking out your a$$.
>>
>>> If that is the case, is that perhaps the time to reconsider our
>>> stereotypes?
>>
>> Perhaps you should reconsider yours.
>
>i think what he is saying is that your stereotypes should be the
>same as his...

Ah, yes. That is the leftist's way.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:16 AM

Too_Many_Tools wrote:
> On Jun 8, 5:07 pm, Tim Daneliuk <[email protected]> wrote:
>> Robatoy wrote:
>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>> And if you can blame Bush for what happened during the last 100 days of his
>>>> administration, then you've got no complaint when criticism is leveled at
>>>> the first 100 days of Obama's.
>>> That, of course, is a crock of shit.
>>> Bush had the best part of 7 years to take a run at his last 100 days,
>>> as opposed to Obama who got the aftershocks AND he started from
>>> scratch.
>>> To compare both is ludicrous.
>>> I can't believe you made that comparison.
>>> r
>> OK, so with what do you disagree:
>>
>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>
>> 2) The Dems took over Congress and in less than two years
>> the growth stopped.
>>
>> These are both factual statements BTW, but I am less inclined to a
>> cause-effect relationship in 2) than the political Right believes. The
>> underlying problem here started way before Bush was every in office.
>> It has its roots in the neverending evil of believing that government
>> should be in the "social justice" business and that government can
>> ignore economic reality - to whit, that it could jigger the financial
>> system to "encourage" lending to low income earners, crack whores, and
>> other Democrats and that there would be no consequence to such a
>> program. The people who affirmed such programs were dead wrong. It's a
>> tribute to the strength of our markets and the power of Capitalism
>> that it took as long as it did to crater. In short, this is not a
>> "Bush" problem. It is a "stealing from some to give to others" problem
>> that's been around well over 5 decades.
>>
>> BTW, Obama did not "start from scratch". He exploited an economic
>> problem to implement his quasi-Marxist lunacy. There were far less
>> overreaching ways the government could have engaged with the economy
>> other than taking everything over. Even assuming that the credit
>> liquidity problem was as bad and dangerous as claimed, Obama could
>> have had his silly little bailouts without also signing up for the
>> biggest pork spending bill in history.
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> Tim...the supposed growth you are noting is smoke.
>
> Want to tell us how the deficit spending was doing at that time?
>
> And very convenient how you are ignoring the money that Bush threw at
> the liquidity problem...are you legally blind to any Republican
> faults?
>
> TMT

Bush did not throw liquidity at the problem. The Fed did, and they
are nominally an independent board.

The growth - much of it - was very real. The problem today is not
that there was not real growth, it is that the system got hijacked
by an irresponsible government, population, and credit system
for decades in some cases.

Deficit spending did amp up under W - something he is very properly
criticized for. And yes, there are many Republican faults. But
this subthread of "it's all W's fault" is nonsense. If W is guilty
in part, it is a pretty small part. There are decades of governmental
stupidity that account for far, far more. A casual look at your
tax booklet will illuminate the fact that well over half of
Federal government spending is on social entitlements that are neither
Constitutionally legitimate, nor a very smart investement. You want
to blame someone, start with FDR, visit Johnson, Nixon, Carter,
Bush 41, Clinton, W, and end with the fleas in Congress like Frank,
Durbin, Schumer, et al. And yes, I left Reagan out because his few
downsides here were vastly overweighed by the peace dividend he
produced in finally decapitating the Sovs.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 4:52 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Too_Many_Tools wrote:
>>> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>>>> Robatoy wrote:
>>>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>>>> . The thing the Republicans supported - in the
>>>>>> last administration - was less than a trillion ($837 billion if I
>>>>>> recall
>>>>>> correctly).
>>>>> ...and made most of it disappear.
>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>> less than 6 months.
>>>>
>>>> --
>>>> ----------------------------------------------------------------------------
>>>> Tim Daneliuk [email protected]
>>>> PGP Key: http://www.tundraware.com/PGP/
>>> LOL...another winger who would like to live The Great Bush Depression.
>>>
>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>> what Bush screwed up in EIGHT years?
>>>
>>> TMT
>> Bush's administration tried to warn the Congress there was a big problem
>> (repeatedly). It is the liberal Democrats that had their fingers in
>> their ears screaming "la la la". Moreover, even if it was all W's
>> fault (it isn't) the absolute worst thing that Obama could have done
>> was to enter upon the profligate spending plan he followed. You don't
>> quit heroin by taking more heroin. You don't fix an economy over
>> leveraged with more debt.
>
> Just curious, Tim, and with no pre-judgment, but what's your background in
> economics?
>
> --
> Ed Huntress
>
>

What I know about economics I learned from Adam Smith, F.A. Hayek, Hazlitt, and
Friedman. I also learned a lot of negative things about economics watching
politicians (on all sides) tap dance around Reality.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 1:00 PM

Ed Huntress wrote:
<SNIP>

>... taking C&O's analysis and pasting it together with Rothbard and a
> half-dozen other righties who claim it was the government spending that was
> the real culprit.

They're not the only ones. So are a fair number of lefties. See, for
example:

http://www.nytimes.com/2009/06/10/business/economy/10leonhardt.html?_r=2&hp

Naturally, the left blames Bush/Reagan, and the right blames all
manner of social spending but in the end, there is some agreement that
deficit spending on the scale historically practiced is a Bad Thing (tm).

But, let's come back to something you've said earlier in this thread:
If Keynes is right, Obama's not spending *enough* and *cannot* for
practical political reasons. If Keynes is wrong, then Obama is doing
the exactly wrong thing. Either way, its a lost endgame because of
either insufficient government action or too much respectively. This
does not, um, bode well for our future ...


----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 5:40 PM


"Stuart Wheaton" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>
>> Was originally the Widows and Children's act. Was to prevent starvation
>> and deprivation for surviors of a worker killed or injured or dies of
>> natural causes leaving a spouse who was normally a homemaker. Was not
>> the National Retirement Act. I think the original tax was 1% of the
>> first $1500 of wages. Until LBJ found out he could hide the huge deficit
>> from the SEA war and raised rates and payouts to get lots more money in
>> to the general fund. Until LBJ I paid 1% of the first $3300 and employer
>> matched. $660 a year. Can not buy a great annuity with life insurance
>> included for that can of money. LBJ left it to our children and
>> grandchildren to pay for his spending. Those paying in now will not get
>> back anywhere what they paid it.
>
> It is not an annuity, it is an insurance plan.
>
>> I paid in $190k and employers matched that amount over my employment
>> years. I get back $15k a year.
>
> How does that compare to your medical, car, and homeowners insurance over
> the years? Since the earliest days of your working life, you've had a
> family policy with disability benefits... Not my fault if you didn't die
> and claim on it.
>
> My Uncle died in his early 40's and never got a cent from the program,
> even though he paid in.
>
>> Means the government has taken a huge share of my payments and not
>> invested the "Trust Fund" in interest paying securities.
>
> They weren't supposed to. Although US treasury notes are securities, what
> interest rate do you want them to say? I think you found the solution, we
> just boost the rate the treasury has to pay itself on these notes, and the
> SS system is solvent by the stroke of a pen!
>
>> I will have to life to 100 to come close to the amount paid in. Put that
>> kind of money into an annuity, and the payouts would exponentially
>> higher.
>
> Again, what is the return on the rest of your insurance policies?

I know it is an insurance policy and not an annuity. And you could get
whole life policies that paid back all the premiums at maturity. Whole life
policies are to expensive for what you get. Maybe same can be said for SS.
If you need life insurance, get a term policy. Since I was supplied with
life insurance policies during my working career as an engineer in the
Computer industry, I did not buy policies. I invested. All the kids are on
their own with university degrees, and house is paid for. I do not need a
life insurance policy. SS is a good program. Unfortunately it has become
the National Retirement Plan, and not enough money was paid in by most
collecting that retirement. So the present payers are having to way overpay
for what are going to get. And the borrowed money is still debt to the
taxpayer. It is an IOU from the Federal Government. The real National Debt
is maybe 30-40 trillion bucks.

JH

John Husvar

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:41 AM

In article <[email protected]>,
"HeyBub" <[email protected]> wrote:

> J. Clarke wrote:
> >>
> >> Get a job?
> >
> > So what kind of job does someone in his eighties who has been retired
> > for twenty years get?
>
> * Medical experimentation?
> * Not much skill required to panhandle.
> * Here's one that's a hoot. I read about a guy who picked up a large trash
> bag full of crap from a retail store's parking lot. Took about an hour. He
> then took the bag to the manager and offered to sell him the bag of trash
> for $20. If the manager was not inclined to go for the deal, the man said
> he'd be glad to put the trash back where he found it.

#3: Good one!

You gotta be careful about that some places. That trash is valuable! Ya
can get arrested for stealing it! :)

Some locales support the idea that anything on property belongs to the
property owner and can only be legally collected by his permission. It's
applied to dumpster-diving, so it's not unthinkable it might be applied
to collecting trash.

Scrap metal is just about always treated so.

Besides, you'd be putting some poor illegal immigrant outta work.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 3:07 PM

Too_Many_Tools wrote:
> On Jun 8, 9:16 am, Tim Daneliuk <[email protected]> wrote:
>> Upscale wrote:
>>> "Tim Daneliuk" <[email protected]> wrote in message
>>>>> ...and made most of it disappear.
>>>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>>>> less than 6 months.
>>> And how *exactly* do you now it's flushed away. As usual, you make all sorts
>> Because it has been committed by our Dear Leader and thus must be spent.
>> Most of it is being spent on things that are not necessary and not
>> permitted of the Federal government under the Constitution Of The US.
>> Most of it is political pork our Dear Leader is using to pay off his
>> political IOUs with Other People's Money.
>>
>>> of wild claims before any type of final result is in. If you had any iota of
>>> common sense, you'd know that it takes years for final results to be
>>> tallied.
>> It will take far less than "years". We will see raging inflation
>> within less than a decade if the economists are even close to right.
>>
>>
>>
>>> Not so for Tim Daneliuk, your mind is made up now. You're just full of all
>> That's because my mind is made up by facts and analysis not from smoking
>> Hopeium.
>>
>>> kinds of criticism about your current government, but the truth is that
>> The current government is full of fools and charlatans and is led by
>> by a dangerous malignancy. There are precious few patriots and thinkers
>> in the current government.
>>
>>> people like you are the least able to judge it. You didn't vote for either
>>> incumbent, you contributed nothing, gave nothing and whine all day about how
>> There was only one incumbent and he was not eligible to run again, so
>> you're right - neither I nor anyone else voted for him. I also didn't
>> vote for either candidate since cooperating with people that wish to
>> terminate at least some (or all) of your freedoms is self destructive.
>>
>>> much it's going to cost you. The fact is that all you do is talk. And, that
>> How much will it cost me, my children, my grandchildren, and possibly
>> my great-grandchildren to pay off The Messiah's grandstanding? How
>> much will it cost the nation in prestige and future influence globally?
>> How much freedom will be undermined and power instead passed to the
>> government?
>>
>> I don't know what's going on, huh? So far The Messiah has:
>>
>> 1) Stolen wealth from those that legitimately owned it.
>> 2) Attacked, killed, or nationalized (same as killing) some of the very
>> largest institutions that produce *new* wealth.
>> 3) Sold out our key ally in the Middle East and at the same time,
>> bowed his head to the evil dictators of the Middle East.
>> 4) Openly supported the killing of children just weeks before birth.
>> 5) Supported a system of political corruption nation wide that buys
>> votes with tax money in the form of pork projects. He's done
>> this at a breathtaking scale never before seen.
>> 6) Generally spent more money that doesn't actually exist in a shorter time
>> than any U.S. president before him.
>> 7) Demanded public "sacrifice" while government lives like pigs.
>>
>>> talk is based on nothing more than lack of experience, lack of action and
>>> lack of any kind of involvement.
>> It's based on a desire to not be anyone's slave. I realize that a good
>> many people like been well kept pets, but I'm not one of them.
>>
>>
>>
>>> You're a "nothing" Tim and that's the worst kind of citizen.
>> I guess it's more honorable to be a citizen that wallows in being
>> a ward of the state.
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> So Tim...what's your plan?
>
> How would you save the United States from the brink of The Great Bush
> Depression we are standing at the edge of?
>
> I'm listening.
>
> TMT

1) It was not particularly a "Bush Depression". A good many governments
before him conspired to make stupid decisions that led us to this place.
So did the dishonest, incompetent legislative fleabags like Frank,
Pelosi, Schumer, et al. Let's also not forget the role of the individual
Sheeple that decided to live way beyond their means. Let also also
not forget that the Bush administration - warts and all - *repeatedly*
try to warn the Congress that Fannie/Freddie were on very shaky
ground only to be waved off by the polluted social justice groupies
in he Congress (like Frank).

2) You don't "fix" economies. You stay out of their way and let them "fix"
themselves via market mechanisms.

3) The government should have focused entirely on any question of fraud or
outright illegality. Among these would include the cozy relationships
between rating agencies and the people constructing the CDOs as well as
the outright illegal practice of naked short selling.

The best thing to do here would have been more-or-less *nothing*. We would have
had a very deep recession, possibly even depression which - like all market
cleansings - gets rid of driftwood and leaves healthier companies behind.
This pain - and it would have been immense pain - is far preferable to the
death by a thousand paper cuts being inflicted by our Dear Leader by means
of deficit spending, shadow and overt tax increases, inflationary monetary
policy, and picking and choosing marketplace winners.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

JG

Joseph Gwinn

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 9:28 AM

In article <[email protected]>,
"Ed Huntress" <[email protected]> wrote:

> "HeyBub" <[email protected]> wrote in message
> news:[email protected]...
> > Ed Huntress wrote:
> >>
> >> Tim, we can go around on this endlessly, but let me give one example
> >> that illustrates how our present health insurance system has
> >> completely screwed-up incentives. This is a case I was involved in,
> >> so I can testify as to its accuracy.
> >>
> >> A few years ago Beth Israel Hospital in New York set up a
> >> preventive-care clinic for diabetes. They're among the top experts,
> >> and they know how to keep diabetes under control. They could save
> >> endless agony and huge expenses with a good program.
> >>
> >> Within nine months, they had to close it down. They could enroll a
> >> person in the program for a little over $300/yr., but private
> >> insurers wouldn't pay for it.
> >>
> >
> > Today, on the other hand...
> >
> > Private insureres (United Health and Aetna to name two) WILL pay for
> > diabetes education and both will subsidize - if not pay completely - for
> > hospital-run "fitness" centers.
>
> Why? Because they were forced to by state regulations? And in what states?
> That's how we got a lot of preventive care coverage in various states. Left
> to their own, in a "free market," the insurers don't want to touch it.

What also happens is that the entities (insurers, hospitals, et al) that
(in this case) do want to provide preventive care and don't want to be
punished by their competitors for it will go to the regulator and get a
rule enacted. This is a classic area where government is needed.

Joe Gwinn

JG

Joseph Gwinn

in reply to Curious Man on 04/06/2009 10:12 PM

13/06/2009 11:02 AM

In article <[email protected]>,
"J. Clarke" <[email protected]> wrote:

> John R. Carroll wrote:
> > "J. Clarke" <[email protected]> wrote in message
> > news:[email protected]...
> >> Lew Hodgett wrote:
> >>> "John R. Carroll" wrote:
> >>>
> >>>> It's also worth remembering that people did't last much beyond 65
> >>>> YO in the thirties, large numbers even less.
> >>>
> >>> Which just points out how remarkable my grandfather was.
> >>>
> >>> Born in 1848, he made it to 83.
> >>
> >> Once again the myth of "life expectancy" rears its ugly head. It's
> >> an average--those who made it to adulthood lived about the same
> >> amount of time
> >> as people today, but fewer of them made it to adulthood.
> >
> >
> > The life expecrancy "at birth" in 1930 of all sexes and races
> > combined in the US was 59.7 years.
> > It was 77.8 in 2005.
> > People are living much longer today as a rule. That and changes in age
> > weighted distribution of he population are the cause of forecast
> > shortfalls in the SS fund.
> >
> > http://www.infoplease.com/ipa/A0005148.html
>
> And this further advances the myth that people living into their 70s and 80s
> in the '30s was rare. You are aware are you not that the life expectancy at
> age 20 in the '30s was significantly higher than the life expectancy at
> birth?

Some data. The mortality tables used by insurance companies start at
age 10, for two reasons. First, one does not usually insure the life of
a child (unless a star, but this is uncommon). Second, back in the day
something like one half of children didn't make it to 10, for one reason
or another. Nowdays, most children do make it past 10 all the way to
adulthood, mostly due to various public-health measures such as clean
water, sewers, mosquito-reduction, concrete basement floors (reduce rat
populations near people), etc. Although antibiotics got all the press,
the main benefit came from the various public-health measures.

Joe Gwinn

JG

Joseph Gwinn

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 11:24 AM

In article
<[email protected]>,
[email protected] wrote:

>
> Pragmatism vs. ideology:
> A guy carries a briefcase into a bar, walks up to the prettiest girl,
> opens the briefcase to reveal one million dollars, and asks the girl
> if she will sleep with him for the million dollars. She thnks,
> "Hmmm...For a million dollars? O.k.!". He then closes the briefcase
> and pulls out a one dollar bill and says, "Will you sleep with me for
> one dollar?" The girl immediately slaps him in the face and asks,
> "What kind of girl do you think I am?" and he says, "We've figured out
> what you are, now we're just negotiating the price!"

The basic storyline was originally from or at least attributed to George
Bernard Shaw, reportedly from a real encounter with a woman sitting next
to him at a dinner party:

"Madame, would you sleep with me for a million dollars?"

"A million dollars, yeah, I guess I would."

"Well then, would you sleep with me for ten dollars?"

"Sir, what kind of woman do you take me for?"

"Madame, what kind of woman you are has already been established; what
remains is just to agree on a price."


This story is too good to check.

Joe Gwinn

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 11:54 PM

Stuart Wheaton wrote:
> Tim Daneliuk wrote:
>> Stuart Wheaton wrote:
>>> Tim Daneliuk wrote:
>>>> Robatoy wrote:
>>>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>>>
>>>>>> And if you can blame Bush for what happened during the last 100 days
>>>>>> of his
>>>>>> administration, then you've got no complaint when criticism is
>>>>>> leveled at
>>>>>> the first 100 days of Obama's.
>>>>> That, of course, is a crock of shit.
>>>>> Bush had the best part of 7 years to take a run at his last 100 days,
>>>>> as opposed to Obama who got the aftershocks AND he started from
>>>>> scratch.
>>>>> To compare both is ludicrous.
>>>>> I can't believe you made that comparison.
>>>>>
>>>>> r
>>>> OK, so with what do you disagree:
>>>>
>>>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>>>
>>> Most of which was largely artificial and built upon the false wealth of
>>> people's homes in highly speculative unregulated markets, fueled by
>>> equally false CDO values, and financial chicanery.
>>
>> "Most" of it was no such thing. A good many of us that are
>> careful investors never touched a CDO, never overleveraged
>> our mortgages, and would have been just fine through all this
>> except for one thing:
>
> Yeah, the financial shell game built over the years of lax regulation by
> the Bushies and the wild excesses of speculative investments collapsed,
> and hurt millions of Americans who never bought a CDO or a weird
> mortgage either.

You mean the people that leveraged themselves into homes they
could not afford, took second mortgages to buy luxury
items they did not need, lied on their applications about
their actual incomes, and then screamed about the dishonest
bankers? Those people?

>
> You see, my property values have taken a hit because there are 4 houses
> on the block that fell into foreclosure because some people thought
> prices would always go up, then bailed on their speculative holdings,
> and others were duped by unscrupulous lenders, abetted by clueless
> rating firms who wrote AAA paper on worthless CDO's . No matter how
> well I keep my property, and no matter what I do, I am hit by the
> misdeeds of the fat cats.

If you bought property rationally you did not lose money, you merely
did not realize the peak value of your home. This is called investing
"reality" - pretty much no one buys at the low and sells at the high.
If you bought irrationally, you got what you deserved.

>
> Your "careful" investments grew at a record rate, because people were
> pulling non-real equity out of their over inflated homes to use to buy
> consumer goods on credit, or because you were investing in companies
> profiting from war or oil speculation... Bubbles all, and you will fall
> as you rose...

My careful investments are off their peak value, but well above
my actual cash outlay. They are so because I diversified, didn't
believe in something-for-nothing, didn't trust government promises,
and don't think I'm smarter at timing the market than the professionals
(who themselves cannot consistently outperform a dollar-cost-averaging
approach to market investing). The people who lost money took
the shortcut approach to investing, bought at the high, sold at
the low, overloaded on particular equities and are now howling
about unfair it all is. They too are merely getting what they
deserve. I stipulate that your beloved presidential Messiah can
further undo things to the point where the responsible citizens will
also get screwed - this is all part of "social justice" wherein
we are all made equal by the heavy hand of government swine - equally
poor.

>
> Our primary client took a beating because of speculators who drove up
> oil prices, their fuel bills doubled in a year, and they could not

Oh yawn. It's the "Eeeeeeeeevil Speculator" argument. Where you
there to pick up the pieces for them when oil plummeted? Why
is it that you and yours are so one sided about this. Speculators
create liquidity at some great risk. They are a necessary part of
creating orderly markets. Only when they act illegally or dishonestly
can they actual steer markets for any durable period of time - in
which case they should be prosecuted for fraud. You'll note that
neither Bush nor Our Beloved Leader at the moment have bothered to
go after actual crooks: The naked short sellers.

> quickly recover their losses because they had already sold at pre-price
> boost levels, so they cut purchases, that led to layoffs of 5 people out
> of our shop.

Oh my, you're just discovering that markets are dynamic, things change,
and successful organizations have to stay flexible? Welcome to
Reality. Layoffs are not a prima facia example of failure. They
can indicate a smart company doing the right thing. In the case
of Obama, the skyrocketing unemployment rate signals his complete
incompetence and the market reaction to that incompetence.

>
>> Our incompetent President
>
> Hmmm.... Today the Dow is 600 points above where it was on the last day
> of Bush.... And 200 points above where it was right after the election...
>
>
>> is busy
>> both taking wealth away from those who have it,
>
> Gee, most of us are enjoying a tax cut, but if you are getting more than
> 250K /yr and can't shield it, I feel no pity.... Or is this a "Joe the

I see, stealing is OK so long as you steal from people with more from you.

> plumber" thing where you have no clue about income vs taxable income?
>
>> worse still
>> destroying the institutions that create it,
>
> They destroyed themselves...

In part this is true. It is also true than when our Idiot President
undermines centuries of contract law and tells preferred paper holders
that the premium they paid to be first in line in the event
of a bankruptcy was irrelevant, investors tuck in their tails
and don't put their money in circulation. They don't trust
the government (nor should they). That's why - in part -
the velocity of money is so low right now. Investors don't
mind risk, but they hate uncertainty and they cannot cope with
government jiggering the game constantly.

>
>> and worst of all,
>> pursuing a profligate spending policy that assures the
>> devastation of wealth over the longer term.
>
> I bet everyone who fell off the 35W bridge were wishing "Gee I wish I
> had a smaller tax bill!"

That's not where the bulk of the money is being spent. It is being
spent on social entitlement (50+% of the Federal budget) to make
the social justice crowd all warm and gooey inside using Other
People's money.

>
> Or maybe, do you think they were thinking, "I'd have happily paid twice
> as much in taxes if I didn't have to die in this river right now"
>
>> In effect,
>> those of us that acted responsibly are seeing our life's
>> work stolen from us and given to the irresponsible poor
>> and the irresponsible rich. And *that* is Obama's true
>> legacy in the making.
>
> So, Bush's silly little war and Reagan's deficits are OK for you, but
> buying better highways is the road to ruin?

Bush's war was necessary to retaliate in Afghanistan and send a message
to Iran by flattening the threat in Iraq.

>
> What about the massive bill about to come due for Social Security? Are
> you going to show me where you advocated paying higher taxes during the
> Bush years so we could start to get ahead of the SS juggernaut?

I advocate privatizing SS over a period of time and getting the
bozos in the bureaucracy out of the equation. My 401K/IRAs have
vastly outperformed my SS forcible investments even with this
downturned market.

>
>>
>>>
>>>> 2) The Dems took over Congress and in less than two years
>>>> the growth stopped.
>>> The music stopped, and suddenly there were FAR fewer chairs than the
>>> people who wanted one. Reality intervened, it had little to do with
>>> the party in power, other than the sudden fear by the wealthy that with
>>> Dems in power actual regulation might ensue, the smart, and the crooked
>>> started bailing out and the bubble popped.
>>
>> On this we agree. The problem was long in the making - some of it is
>> found in the Constitutional abuses of FDR, some in the happy juice of
>> the phony 60s "social justice" sentimentality, and some of it in the
>> behavior of almost all modern politicians that buy votes with pork.
>> But to blame W for all this is insanity (just like expecting Obama to
>> fix it all is insane). Sadly Obama believes he can fix it (Fallacy
>> #1), that large amount of spending will help (Fallacy #2), and that
>> government can do this better and more expeditiously than markets can
>> (Fallacy #3).
>
> Not better, but with somewhat less carnage. Recall, it was the market

There is no example where government consistently does better than
institutions with market feedback.
> that got us here, and then screamed for mommy when their lousy decisions
> put the whole economy in peril.

Utter claptrap. The market was never allowed to actually work. The
dishonest actors in the market (individuals overstating their incomes
to overleverage, lying bankers/rating agencies, and funds doing
illegal naked shorting) were not punished by allowing the market to
do its job - they were bailed out - a small bit by Bush, and
a breathtaking amount by The Messiah From Illinois. Face it,
Obama is an oligarch far worse than Bush, Cheney and the whole
neocon bunch. He just not smart enough to make money in the private
sector, he has to hijack the whole economy to get the traction he wants
for himself and his miserable homeys.

>
> How do you feel about "too big to fail?"

There is no such thing. In fact, the biggest institution of the moment -
the Obama administration - *needs* to fail or the republic may not
ever recover.
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Tim Daneliuk [email protected]
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JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 4:16 PM


"rjd" <[email protected]> wrote in message
news:[email protected]...
On Jun 4, 6:12 pm, Curious Man <[email protected]> wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

"If I liberally apply a protective finish to one of my wood projects to
conserve it, what does that make me?"

Prudent and wise.
LOL

JC

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 9:29 AM

rangerssuck wrote:
>>
>> Public policy made on the basis of ancedotal or apophrycal instances
>> or the "how would you feel if..." mantra is virtually guaranteed to
>> be bad public policy.
>
> Guaranteed by whom? The entire concept of insurance is based on "what
> if."

Guaranteed by the laws of unintended consequences. "How would you feel if
your grandmother was run over by an 18-wheeler?" would be a ghastly reason
to ban interstate trucking.

Insurance is NOT based on single episodes (unless you're talking about a
Lloyd's policy on the size of Pam Anderson's tits).

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 10:36 PM


"Doug Winterburn" <[email protected]> wrote in message
news:[email protected]...
> Calif Bill wrote:
>> "Doug Winterburn" <[email protected]> wrote in message
>> news:a%[email protected]...
>>> Ed Huntress wrote:
>>>>>>> Noboby has paid down any debt since Ike.
>>>>>> Wrong. You're probably reading the right-wing crank-crap that
>>>>>> includes
>>>>>> future Social Security obligations (in the form of non-negotiable
>>>>>> special
>>>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt.
>>>>>> Wrong,
>>>>>> stupid, and wrong again. Even the Bush administration admitted that
>>>>>> the
>>>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>>>
>>>>>> --
>>>>>> Ed Huntress
>>>>>>
>>>>>>
>>>>> Debt is debt. When it comes time to pay off the bond holders, it
>>>>> matters not who they are, there is no distinction in method when the
>>>>> government has to raise the cash.
>>>> This is complete horseshit. Tell us, Doug, what is the addition to
>>>> taxpayer
>>>> obligations represented by, say, $1 billion in special Treasury notes
>>>> "bought" by the Social Security "Trust Fund"? In other words, in
>>>> addition
>>>> to
>>>> the statutory obligation, how much additional money do we owe?
>>> None, assuming we would tax future generations without the "trust fund"
>>> obligation.
>>>
>>>> Say we "borrow" from the Trust Fund. How much does that add to future
>>>> obligations? Hmmm?
>>> Exactly the amount we borrowed plus interest.
>>>
>>>> And if you're going to do that, why don't you add in all the future
>>>> statutory obligations for veteran's benefits, federal employees'
>>>> pensions,
>>>> and Medicare? You ought to be able to add another, oh, maybe $30
>>>> trillion,
>>>> at least, to the current "debt" figure, depending upon how far forward
>>>> you
>>>> want to project future debt and treat it as a current obligation.
>>> $30 trillion is way low. Unfunded obligations.
>>>
>>>> Answer those questions accurately, and you'll see what crap they've
>>>> been
>>>> feeding you.
>>> Why is it "crap" to worry about future generations and the financial
>>> obligations we are passing on to them by borrowing against their future
>>> and spending on ourselves?
>>>
>>> It has been estimated (before this latest spending binge) that the
>>> recipients of our largess to ourselves would put them in the 85% total
>>> tax bracket. I'm sure they will thank us.
>>>> Here's the funny part of all this: For a couple of decades, the
>>>> righties
>>>> were pushing for a "unified" budget so they could pump up the total tax
>>>> figure to upset the ignoranti. Now they want to separate the
>>>> accounting,
>>>> so
>>>> they can treat a special Treasury bond as a current deficit item. They
>>>> want
>>>> it both ways -- as usual.
>>> So, you think borrowing from a subsidary and calling the debt in that
>>> subsidary as an asset is OK? Ken Ley is vindicated!
>>>
>>>> You're barking up the wrong tree, Doug. We've been over this on RCM
>>>> three
>>>> or
>>>> four times.
>>> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
>>> hundred billion in annual deficit spending. You said it yourself (in
>>> your first paragraph above), someone will have to pay up either way. As
>>> far as a "unified budget", it would be nice to know the real numbers on
>>> an annual basis.
>>>
>>> Debt is still debt and when the note holders come a knocking, the
>>> options to the debtor are the same.
>>>
>>> I replied to this thread when you claimed that Clinton had "paid down
>>> the debt". The fact is the Federal Government has spent more than it
>>> has taken in for the last 50 years or so, and has had to borrow the
>>> difference, thus _increasing_ the debt. If you would like to dispute
>>> the governments own figures, be my guest.
>>>
>>>> --
>>>> Ed Huntress
>>>>
>>>>
>>>>
>>
>> Actually Clinton did pay down a pittance of the debt in 2000. $233
>> billion. But the government spending also went up. they just could not
>> handle all the money coming in from the dot.com boom. 15 years before,
>> we
>> would not have seen the influx of tax revenue. Tax law changes made you
>> liable for the "profit" on a stock option the day you exercised the
>> option.
>> Before that, you were not hit with taxes until you actually sold the
>> stock
>> and saw real money. Most exercised and sold the same day. Those that
>> did
>> not, have huge tax bills, they can not offset with losses. Takes a long
>> time to write down $90 million in paper losses at $3000 / year.
>>
>>
> Uh, how did the debt increase if the "debt was paid down" ?

It did go down a trifle in 2000. I think your chart only went to 1999.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 10:23 PM

Mark & Juanita wrote:
> Tim Daneliuk wrote:
>
>> Hawke wrote:
>>> Since he's an economist and has written a book and mentions this
>>> specifically I think his statistics are probably accurate.
>> This statement would be achingly funny if it weren't so achingly sad...
>>
>> Google "Dismal Science"...
>>
>
> Back before "Scientific American" became "Politically Correct American",
> there was a tremendously good column on what the author called "math
> abuse". Algore's Hockey Stick chart would be a classic example.
>
>
>

Gore's every utterance is a fraud upon humanity. I'd be suspicious
about him saying "It's raining today" without independent verification.
Peace Prize Boy appears poised to leverage his phony pseudo-science
into a $200M fortune courtesy of the tax payers of the U.S.

--
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Tim Daneliuk [email protected]
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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 3:09 PM

Too_Many_Tools wrote:
> On Jun 8, 1:22 am, Tim Daneliuk <[email protected]> wrote:
>> Robatoy wrote:
>>> On Jun 7, 10:17 pm, "HeyBub" <[email protected]> wrote:
>>>> . The thing the Republicans supported - in the
>>>> last administration - was less than a trillion ($837 billion if I recall
>>>> correctly).
>>> ...and made most of it disappear.
>> So much unlike the nearly $4T Our Dear Leader at present a flushed in
>> less than 6 months.
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> LOL...another winger who would like to live The Great Bush Depression.
>
> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> what Bush screwed up in EIGHT years?
>
> TMT

Bush's administration tried to warn the Congress there was a big problem
(repeatedly). It is the liberal Democrats that had their fingers in
their ears screaming "la la la". Moreover, even if it was all W's
fault (it isn't) the absolute worst thing that Obama could have done
was to enter upon the profligate spending plan he followed. You don't
quit heroin by taking more heroin. You don't fix an economy over
leveraged with more debt.

--
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Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 6:54 PM

Upscale wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
>> I guess it's more honorable to be a citizen that wallows in being
>> a ward of the state.
>
> So, I dare you to explain how I'm a ward of the state? That's your area of
> experience with your absolute lack of contribution to anything. Instead of
> using my healthcare to stay well enough to keep working and pay taxes
> contributing back the best I can, you'd have me be completely indigent to
> receive the same healthcare and give absolutely nothing back.

Huh? Who called you a ward of the state. I was making a general
observation. You're going to have to adjust to the idea that you are
almost entirely alone here in making everything personal. Most
of the rest of manage to disagree - even vehemently without it
being about the other person's character, person, or pant size.


>
> Which way costs the system more money?
>
> That sad fact is that people like you take in life and give nothing. That's
> ALL that can be said about you and it's a really sad state of affairs. An
> extremely large part of the current economic crisis in the US was caused by
> people who take and take and take. The incessant whining you do is only
> because you've never been in the position of taking enough to be
> independently wealthy. And, it looks good on you.

>
> All you are is a whiner. You don't contribute anything either physically or
> metaphorically which is confirmed with your presence here. How long as it
> been since you've been here? Two, three years? In all that time you've
> managed to inject ONE woodworking comment. You are a waste and you
> demonstrate it every day. You accuse me of wallowing? Try looking in the
> mirror at least ONCE in your sorry life.
>
>

You know, I generally give you a lot of latitude because of your
having told us all that you have a physical infirmity. Since I don't
and can't possibly know what that's like, I give you more room than
most to be crabby. Nonetheless, you behave badly, you attack several
of us personally with absolutely no knowledge of us a humans. Worst of
all, you have nothing to contribute to the conversation but your angry
spittle. You may continue to do so, but I shall go back to ignoring
you. If and when you grow up and learn to disagree in an adult manner,
I'll be pleased to reengage.

Oh, and now that I think about it, I guess you would react to the
previous message the way you have. You've proudly defending mooching
off your fellow citizens. Worse than that, you've proudly defended
the system the makes others pay for your way through life. I guess
the shoe must fit or it wouldn't have provoked another one of your
screechy responses. Ta, ta and enjoy your mooching, secure in the
knowledge that some other citizen cannot spend their earnings on
*their* family because *you* have them ...



--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:56 PM

[email protected] wrote:
> On Jun 9, 5:02 pm, Too_Many_Tools <[email protected]> wrote:
>
>> They will remember it as the The Great Bush Depression just as Hoover
>> is remembered for the The Great Depression.
>>
>> Interesting how you are demonstrating a definite amnesia toward
>> Republican contributions towards this mess.
>>
>> TMT
>
> Not true. If Obama fails, he will be remembered for the failure.
> Historians will argue about the causes, but with Obama in charge, he
> will be the one remembered for the success or failure of the
> governments actions.
>
> Dan
>

He will also be remembered for pouring gasoline onto the fire.
"We're in terrible debt with less underling real value than we
thought. I know! Let's spend more money we don't have." The
only thing Obama knows how to run is his mouth.

--
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Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

SF

"Stu Fields"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 2:10 PM


"HeyBub" <[email protected]> wrote in message
news:[email protected]...
> Stu Fields wrote:
>> "HeyBub" <[email protected]> wrote in message
>> news:[email protected]...
>>> [email protected] wrote:
>>>>
>>>> Why not just make one sterotype for both, they are just different
>>>> sides of the same coin. Saying you are liberal or conservative means
>>>> you giving up on the thought process and rely on faith to guide your
>>>> life. It's an easy way to live your life though, imagine trying to
>>>> think about questions before answering them, instead of just
>>>> regurgitating the party line.
>>>
>>> Because it's easier.
>>>
>>> C. Northcott Parkinson observed:
>>>
>>> "When a member of your party makes a speech, you need only respond
>>> with 'Hear, hear!' and when the opposition party claims the floor,
>>> you need only shout 'Shame! Shame!' "
>>>
>>> Politicians like to make their lives easier.
>>
>> Of course the resorting to the use of Stereotypes does require the
>> reduction in observing and thinking and being open minded. I was at
>> a fly-in standing by my little homebuilt helicopter which closely
>> resembles a Bell 47 when a little middle-aged lady in a print dress
>> approached. Without consciously doing it I had her as a sunday
>> school teacher type person. Whooee. She had flown Sky Crane
>> helicopters doing logging and fire fighting and only had 4500hrs in
>> the Bell 47. Yes my stereotyping couldn't have been much more wrong.
>
> Each has its place. You'd go nuts trying to get personal with every tree
> when you could use the word "forest."
>
> It also saves time.


You are right to a point. Here in this discussion where the individual
characteristics of the "trees" are being discussed, the use of the word
"forest" to describe them would lose a bit. Big difference in Sugar Pine
and Redwood.

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 11:30 PM

Somebody wrote:

> It will be short and sweet. They will try to make it sound different
> but in
> the end what they propose is to do nothing or if they have any
> proposals for
> change it'll be a change back to everything Bush did when in office.
> Tax
> cuts, tax cuts, tax cuts. That and deregulation. Get the government
> off our
> backs, leave business alone. Things will be fine if we just leave
> things
> alone. Not only have we heard their advice before but we just saw
> what
> happens when we follow it. It's called a depression.

Laissez-faire anybody?

Lew

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:55 PM

Too_Many_Tools wrote:
> On Jun 9, 12:24 am, Tim Daneliuk <[email protected]> wrote:
>> Too_Many_Tools wrote:
>>> On Jun 8, 3:52 pm, "HeyBub" <[email protected]> wrote:
>>>> Too_Many_Tools wrote:
>>>>> LOL...another winger who would like to live The Great Bush Depression.
>>>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>>>> what Bush screwed up in EIGHT years?
>>>> Bush Depression? That's not true.
>>>> During the Bush years we had 22 consecutive quarters of economic growth. Low
>>>> unemployment, high productivity, and negligible inflation. All this in spite
>>>> of Katrina, two wars, and a couple of bursting bubbles.
>>>> Then the Democrats took over Congress.
>>>> It took them less than 18 months to fuck it all up.
>>>> Here's one chart I could find regarding recent GDP growth by quarter:http://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>>>> Notice the rough average for the Bush years shown is about 2.25%. Since the
>>>> 3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
>>>> and unemployment is 9.8%.
>>>> And if you can blame Bush for what happened during the last 100 days of his
>>>> administration, then you've got no complaint when criticism is leveled at
>>>> the first 100 days of Obama's.
>>> The Great Bush Depression.
>>> If Obama isn't sucessful, your children will remember it as that.
>> If Obama is successful, the republic will at least be deeply damaged
>> and may not ever recover fully.
>>
>> If he is not successful it will hopefully remind the Sheeple why they
>> kicked Carter out after one term and why they need to do the same
>> with Obama.
>>
>> What our children (and grandchildren, and their children ...) will call
>> anything is moot. They'll be too busy paying off this generation's
>> debt fostered in parts by a stupidly run government trying to spend
>> its way out of debt, a bunch of greedy pigs in the population that
>> want all the trappings of affluence whether they've earned them
>> or not, and some unprincipled financial folks who knew they could
>> take insane risk because the Obama's of this world would bail out
>> their mistakes. No, I don't think they'll call it The Great Bush
>> Depression. I think they'll call it "How I Got Shafted By My
>> Stupid, Greedy, #$%^&* Grandparents".
>>
>> --
>> ----------------------------------------------------------------------------
>> Tim Daneliuk [email protected]
>> PGP Key: http://www.tundraware.com/PGP/
>
> You mean as they will be paying off the deficit that Bush ran up?

You are confused. The deficit existed going back all the way
to WWII. The exception was the Regan peace dividend that
Clinton managed not to screw up. You may recall that we
were attacked in 2001 and this required military response.
This takes money. It was also the judgment of both the
Rs and the Ds that Sadaam was a threat and needed remediation -
this required money. (Never mind the current Democrat amnesia
about just who voted for what). 'Hardly "Bush's" deficit alone.
>
> Amazing how you completely ignore the Republican contribution.

Oh there is plenty of R contribution, but it will end up being
rounding error compared to what The Messiah wants to spend.

>
> Are you aware that Cheney recently admitted that there was NO
> connection between Iraq and 9/11.

There never was, nor was it ever so claimed. He didn't "admit"
anything. He repeated what was always stated by the administration.

>
> So why did we fight a TRILLION dollar war?

To:

1) Show the Islamic world we could not tolerate their butchers.
2) Free the people of Iraq to make their own choices.
3) Stop a murderous thug that was funding Palestinian suicide bombers.
4) Stop genocide.
5) Create a military leverage point to put meaningful pressure
on the worst regime on the region: Iran.

All these benefits have subsequently been undermined or outright
rescinded with the election of the ObamMessiah who is a feeble
child in the world of geopolitics. Maybe he can repeat Carter's
record and stand by while a bunch of American diplotmats get
locked up (and worse) by some Islamic thugs.


>
> TMT


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Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

jj

jo4hn

in reply to Curious Man on 04/06/2009 10:12 PM

17/06/2009 2:43 PM

Upscale wrote:
> "Lew Hodgett" <[email protected]> wrote in message
>>> bar ~ You know, the necessities in life.
>> Does 50 miles due north of Toronto qualify?<G>
>
> Apologies, I should have qualified that a little further. My ideal location
> would preclude snow of any type, in any season unless it's the local hockey
> rink. Something temperate, you know, not too hot, not too cold...
>
> Money being in relatively unlimited supply after winning a 50 million dollar
> lottery, I've considered where I'd move to, probably somewhere in the US,
> but that's also problematic. I've considered Kansas since it really is
> supposed to be flatter than a pancake (since I hate hills so much), but
> they've got tornados. Then there's Florida, but they get hurricanes and
> flooding. It might be California, but they've got big earthquake potential
> and the inevitable, several time a year brush fires, so that's out.
>
> If it's not tornados, it's floods and if it's not floods, it's brush fires.
> So, maybe 50 miles north of Toronto does qualify. :)
>
>
The flattest place I have ever seen is southern Saskatchewan. Kansas is
more rolling hills. I live 60 miles east of Los Angeles and 1+ miles
up. Except for the hills, fires, and snow, it would be the perfect
place for you.
mahalo,
jo4hn

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:11 AM

Stuart Wheaton wrote:
> Tim Daneliuk wrote:
>> Robatoy wrote:
>>> On Jun 8, 4:52 pm, "HeyBub" <[email protected]> wrote:
>>>
>>>> And if you can blame Bush for what happened during the last 100 days
>>>> of his
>>>> administration, then you've got no complaint when criticism is
>>>> leveled at
>>>> the first 100 days of Obama's.
>>> That, of course, is a crock of shit.
>>> Bush had the best part of 7 years to take a run at his last 100 days,
>>> as opposed to Obama who got the aftershocks AND he started from
>>> scratch.
>>> To compare both is ludicrous.
>>> I can't believe you made that comparison.
>>>
>>> r
>>
>> OK, so with what do you disagree:
>>
>> 1) Bush had over 5 years of quarter-over-quarter growth.
>>
>
> Most of which was largely artificial and built upon the false wealth of
> people's homes in highly speculative unregulated markets, fueled by
> equally false CDO values, and financial chicanery.

"Most" of it was no such thing. A good many of us that are
careful investors never touched a CDO, never overleveraged
our mortgages, and would have been just fine through all this
except for one thing: Our incompetent President is busy
both taking wealth away from those who have it, worse still
destroying the institutions that create it, and worst of all,
pursuing a profligate spending policy that assures the
devastation of wealth over the longer term. In effect,
those of us that acted responsibly are seeing our life's
work stolen from us and given to the irresponsible poor
and the irresponsible rich. And *that* is Obama's true
legacy in the making.

>
>
>> 2) The Dems took over Congress and in less than two years
>> the growth stopped.
>
> The music stopped, and suddenly there were FAR fewer chairs than the
> people who wanted one. Reality intervened, it had little to do with
> the party in power, other than the sudden fear by the wealthy that with
> Dems in power actual regulation might ensue, the smart, and the crooked
> started bailing out and the bubble popped.

On this we agree. The problem was long in the making - some of it is
found in the Constitutional abuses of FDR, some in the happy juice of
the phony 60s "social justice" sentimentality, and some of it in the
behavior of almost all modern politicians that buy votes with pork.
But to blame W for all this is insanity (just like expecting Obama to
fix it all is insane). Sadly Obama believes he can fix it (Fallacy
#1), that large amount of spending will help (Fallacy #2), and that
government can do this better and more expeditiously than markets can
(Fallacy #3).


--
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Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 8:59 AM

rangerssuck wrote:
> On Jun 14, 6:36 pm, "Hawke" <[email protected]> wrote:
>>>>>>>> What's irritating is that no matter how many times you show these
>>>>>>>> numbers
>>>>>>> to
>>>>>>>> right wing guys it just doesn't sink in
>>>>>>>> Hawke
>>>>>>> Just to irritate you some more, it still has not sunk in. The
>>>>>>> problem is while it is easy to come up with those numbers, it is a
>>>>>>> lot harder to know why. Correlation does not mean cause and
>>>>>>> effect.
>>>>>>> An easy way to decrease the cost of healthcare in the US, would be
>>>>>>> to eliminate all procedures which will only prolong someones life
>>>>>>> by six months and also eliminate all procedures that do not have a
>>>>>>> proven success record. If we had done this say thirty years ago,
>>>>>>> we would not have any heart transplants , artificial heart valves,
>>>>>>> etc.
>>>>>>> Dan
>>>>>> Until you have been involved in the decision whether to treat a
>>>>>> loved one aggressively to prolong life or let go ("let nature take
>>>>>> its course"), you don't know what you are talking about.
>>>>> It isn't a question of treatment or not. The question is payment.
>>>>> There isn't any reason a person shouldn't be able to buy insurance to
>>>>> cover anything they need.
>>>>> Their needs, and the needs of their families for emotional placation,
>>>>> are not the needs of society.
>>>>> JC
>>>> If you think payment is the question, not treatment, then I have to
>>>> ask payment for what? The cost of (let's say) a liver transplant for
>>>> a patient who is going to die soon, whether or not the transplant
>>>> occurs, is WAY more than the cost of palliative treatment. I have to
>>>> ask what we are insuring against. A basic low(er) level of treatment
>>>> costs, or the costs of treating everything. IMNSHO, a asic level of
>>>> insurance (however defined) should be compulsory (yes, that bad word,
>>>> and whether the employee or the employer pays is ultimately only
>>>> semantics). On top of that a person should be allowed to insure
>>>> against the costs of more complex events/procedures. Freedom of
>>>> personal choice, etc., etc.
>>>> Society needs some kind of insurance, and the current system is
>>>> dysfunctional.
>>> Government in the medical business is a permanent solution to a temporary
>>> problem. When I was a kid, when you got sick you went to the doctor and
>> he
>>> did what he could and it didn't cost much. Now he can do a lot more but
>>> it's all cutting edge and the costs are horrendous. A hundred years from
>>> now when the technologies have matured and an NMR scanner is a child's
>>> plaything that you get at Toys R Us for 50 bucks it's going to be back to
>>> where most people can pay for most medical issues out of pocket without it
>>> hurting particularly.
>>> But if we get government involved now then government will still be
>> involved
>>> then.
>> So would you rather have the government be involved in health care or just
>> leave it in the hands of people like used car salesmen? There are private
>> alternatives that are worse than the government. How about having Bernie
>> Madoff handling your health care or the management of AIG? Think they would
>> be better than the government? I don't. The greed of businessmen is what
>> makes them unacceptable for making decisions on people's health care. You
>> need people that aren't going to profit from your health problems making the
>> decisions. Hopefully, medical professionals without a financial interest
>> would decide what you need.
>>
>> Hawke
>
> Here's another angle:
>
> I pay over $10,000 per year for health insurance. A significant
> portion of that bill is for prescription drugs. So why the fuck is it
> that for the two generic prescriptions I fill each month, it's cheaper
> to pay the drug store directly than to pay the copays from the
> insurance company?
>
> Last week, I noticed a sign at my supermarket saying that their
> pharmacy would fill antibiotic prescriptions for FREE, and many others
> for $3.95.
>
> My point is that there MUST be a less expensive way to do this.

There is - get the government out of healthcare entirely and watch
competition drive prices down. Prices are artificially high today
precisely because the providers are guaranteed government payment
for some part of the service or pharma vended. The current system
is an unholy mess that tries to retain the benefits of competitive
market-based medicine while inserting government control into the
system. This is no more possible than being kind of pregnant.


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Tim Daneliuk [email protected]
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GA

Gunner Asch

in reply to Tim Daneliuk on 15/06/2009 8:59 AM

16/06/2009 7:28 PM

On Tue, 16 Jun 2009 17:23:33 -0500, Tim Daneliuk <[email protected]>
wrote:

>>
>> Please note that its very few conservatives that give a shit about how
>> you live your life..your sexuality etc. They are known as the Religious
>> Right. A rather small percentange of the total.
>
>Really? Then why has every single Republican/conservative elected
>to Presidential office supported the idiotic War On Drugs?

For the same reason the same occurs with the Demonrats.

Why
>do very libertarian leaning Republicans like Ron Paul get almost
>no traction within their own party?

Because the Party, with its leadership supports the big numbers guys.
Paul gets what...2% of the vote?

Why are anti-war voices
>like Chuck Hegel shouted down within the conservative movement?
>(I happen to disagree with him on the war thing, BTW.)

Because most of the Right disagees with him as well.

Why does
>almost the entire right get their panties in a knot because
>Bruce and Sean want to call what they do "marriage"?
Who?
To guys? 80% of the voting block, both right and left are against gay
"marraige"

Frankly..I could care less. If Bruce wants to marry a sheep, let him.


The list
>is endless. Real conservatism ended with Goldwater, had a brief
>quasi-reprise under Reagan and has essentially disappeared from
>the modern U.S. political stage.

Not true. On the other hand it may appear so...as the GOP has been
controlled by those willing to go farther and farther Left with most of
the members helpless or unaware. The People are waking up..and the
heads of the GOP had best beat a path back to the Right..or the GOP is
dead. One should note that the Dems are having the same problems....a
significant number of the guns being bought today are being bought by
Dems afraid of their own leadership.

That's why you got beat by
>a scummy Chicago politician with no experience, no ability,
>a dubious past, lousy friends, and a Marxist worldview. I hope
>you're very proud.

We got "beat" because most voters simply didnt go out and vote.
This past election was one of the lightest attended in many many years.
The average smart Republican voter simply stayed home, because there was
no one worth voting for. And if the Demonrats hadnt catered to the kids
vote...the Right still would have won. Check the numbers yourself. And
they barely got a majority of the kids votes.
>
>> Im Buddhist.
>>
>> Liberals on the other hand...mindless lemmings all headed over the
>> cliff.
>
>So is most of the Republican party.

Your opinion is noted as is your inaccuracy and flawed decision making.

Shrug

Gunner

"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

RT

"R T Smith"

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 5:14 PM



"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
|
| "cavelamb" <[email protected]> wrote in message
| news:[email protected]...
| > krw wrote:
| >> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
| >> <[email protected]> wrote:
| >>
| >>> There seems to be a stereotype that "liberals" are the lazy sorts of
| >>> people who interrupt TV viewing only to go to soup lines, or smoke
| >>> harmful substances, whereas "conservatives" are hard working, self
| >>> reliant people who are very well off due to their own perseverance and
| >>> work ethic.
| >>>
| >>> And yet, the few self proclaimed or suspected liberals and Obama
| >>> supporters of this newsgroup, seem to be very well off, accomplished
| >>> people, whereas many conservatives, while intelligent and interesting
| >>> people on many levels, are not exactly above that kind of level of
| >>> attainment.
| >>
| >> Show us your data. IOW, you're talking out your a$$.
| >>
| >>> If that is the case, is that perhaps the time to reconsider our
| >>> stereotypes?
| >>
| >> Perhaps you should reconsider yours.
| >
| > i think what he is saying is that your stereotypes should be the
| > same as his...
|
| More likely what he would have said, had he not been so polite, is that
the
| people who identify themselves at either end of the spectrum are out of
| their minds. And, of course, he would be correct. d8-)
|
| --
| Ed Huntress
|
Correct. There are many examples of stupidity and brilliance from both
sides.
However, grouped together there are possibly more stupidity than brilliance
committed throughout history of mankind.


DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 8:36 PM

Calif Bill wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:a%[email protected]...
>> Ed Huntress wrote:
>>>>>> Noboby has paid down any debt since Ike.
>>>>> Wrong. You're probably reading the right-wing crank-crap that includes
>>>>> future Social Security obligations (in the form of non-negotiable
>>>>> special
>>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>>>>> stupid, and wrong again. Even the Bush administration admitted that the
>>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>>
>>>>> --
>>>>> Ed Huntress
>>>>>
>>>>>
>>>> Debt is debt. When it comes time to pay off the bond holders, it
>>>> matters not who they are, there is no distinction in method when the
>>>> government has to raise the cash.
>>> This is complete horseshit. Tell us, Doug, what is the addition to
>>> taxpayer
>>> obligations represented by, say, $1 billion in special Treasury notes
>>> "bought" by the Social Security "Trust Fund"? In other words, in addition
>>> to
>>> the statutory obligation, how much additional money do we owe?
>> None, assuming we would tax future generations without the "trust fund"
>> obligation.
>>
>>> Say we "borrow" from the Trust Fund. How much does that add to future
>>> obligations? Hmmm?
>> Exactly the amount we borrowed plus interest.
>>
>>> And if you're going to do that, why don't you add in all the future
>>> statutory obligations for veteran's benefits, federal employees'
>>> pensions,
>>> and Medicare? You ought to be able to add another, oh, maybe $30
>>> trillion,
>>> at least, to the current "debt" figure, depending upon how far forward
>>> you
>>> want to project future debt and treat it as a current obligation.
>> $30 trillion is way low. Unfunded obligations.
>>
>>> Answer those questions accurately, and you'll see what crap they've been
>>> feeding you.
>> Why is it "crap" to worry about future generations and the financial
>> obligations we are passing on to them by borrowing against their future
>> and spending on ourselves?
>>
>> It has been estimated (before this latest spending binge) that the
>> recipients of our largess to ourselves would put them in the 85% total
>> tax bracket. I'm sure they will thank us.
>>> Here's the funny part of all this: For a couple of decades, the righties
>>> were pushing for a "unified" budget so they could pump up the total tax
>>> figure to upset the ignoranti. Now they want to separate the accounting,
>>> so
>>> they can treat a special Treasury bond as a current deficit item. They
>>> want
>>> it both ways -- as usual.
>> So, you think borrowing from a subsidary and calling the debt in that
>> subsidary as an asset is OK? Ken Ley is vindicated!
>>
>>> You're barking up the wrong tree, Doug. We've been over this on RCM three
>>> or
>>> four times.
>> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
>> hundred billion in annual deficit spending. You said it yourself (in
>> your first paragraph above), someone will have to pay up either way. As
>> far as a "unified budget", it would be nice to know the real numbers on
>> an annual basis.
>>
>> Debt is still debt and when the note holders come a knocking, the
>> options to the debtor are the same.
>>
>> I replied to this thread when you claimed that Clinton had "paid down
>> the debt". The fact is the Federal Government has spent more than it
>> has taken in for the last 50 years or so, and has had to borrow the
>> difference, thus _increasing_ the debt. If you would like to dispute
>> the governments own figures, be my guest.
>>
>>> --
>>> Ed Huntress
>>>
>>>
>>>
>
> Actually Clinton did pay down a pittance of the debt in 2000. $233
> billion. But the government spending also went up. they just could not
> handle all the money coming in from the dot.com boom. 15 years before, we
> would not have seen the influx of tax revenue. Tax law changes made you
> liable for the "profit" on a stock option the day you exercised the option.
> Before that, you were not hit with taxes until you actually sold the stock
> and saw real money. Most exercised and sold the same day. Those that did
> not, have huge tax bills, they can not offset with losses. Takes a long
> time to write down $90 million in paper losses at $3000 / year.
>
>
Uh, how did the debt increase if the "debt was paid down" ?

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:47 PM

"John R. Carroll" wrote:

> It's also worth remembering that people did't last much beyond 65 YO
> in the thirties, large numbers even less.

Which just points out how remarkable my grandfather was.

Born in 1848, he made it to 83.

Lew

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 10:50 PM


"Andrew Barss" <[email protected]> wrote in message
news:[email protected]...
> <snip of hysterical rant about the coming end times>
>
> A fine example of intolerance -- well done! Who is the
> loony you quoted?

That's a good question. Obviously he's nobody anyone ever heard of. But I
have to feel sorry for the Roger though. Here it is in the 21st century and
he's still reading the fairy tale called the Bible and believes it like it
really came from a supernatural being when it was obviously written and
printed by other men. That puts him in the same boat as the Taliban loonies
and other Muslims who think the same think about the Koran. They all fall
for the same line of bull. Believe this book and don't believe what science
or reason says. Heaven is up in the sky. Guys like him still believe that
even when we all know there is nothing in the heavens but outer space. It
can't help but make you wonder how anyone with even an average IQ believe
such nonsense. But damn, they sure do and by the millions. Lucky for us the
trend is for people to drop those ancient beliefs more and more as time
passes. In another 20 years people like him will be rare as hen's teeth.

Hawke

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 1:58 AM

[email protected] wrote:
> On Jun 4, 6:12 pm, Curious Man <[email protected]> wrote:
>> There seems to be a stereotype that "liberals" are the lazy sorts of
>> people who interrupt TV viewing only to go to soup lines, or smoke
>> harmful substances, whereas "conservatives" are hard working, self
>> reliant people who are very well off due to their own perseverance and
>> work ethic.
>>
>> And yet, the few self proclaimed or suspected liberals and Obama
>> supporters of this newsgroup, seem to be very well off, accomplished
>> people, whereas many conservatives, while intelligent and interesting
>> people on many levels, are not exactly above that kind of level of
>> attainment.
>>
>> If that is the case, is that perhaps the time to reconsider our
>> stereotypes?
>>
>> Curious Man
>
> Why not just make one sterotype for both, they are just different
> sides of the same coin. Saying you are liberal or conservative means
> you giving up on the thought process and rely on faith to guide your
> life. It's an easy way to live your life though, imagine trying to
> think about questions before answering them, instead of just
> regurgitating the party line.

Close but not quite the whole story. Both so-called liberals and
conservatives have abandoned the principle that we create government
to keep us free. In place of this, they've substituted the idea that
government exists to "do good" or "make us better" or "solve
problems". The fundamental difference between the two groups has to do
with how they define what "good" is. Other than that, they're both
quite happy to pillage one group of citizens' liberties to the benefit
of another - usually to get and stay elected.

Neither group - as currently realized - is particularly interested in
freedom, "tolerance" for other people, and true human liberty. In
short, both groups are founding members of the We Know What's Good For
You Society - a vicious group of self-anointed saviors of mankind that
will happily beat you over the head with the power of government (when
they're running it) and scream loudly about the abuse of government
power (when the other side has it).

Until/unless the Sheeple decide that being free is better than being a
well kept by the political classes, the republic is doomed ...






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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 8:48 AM

Robatoy wrote:
> On Jun 9, 8:41 am, "[email protected]" <[email protected]> wrote:
>> On Jun 9, 6:04 am, Tim Daneliuk <[email protected]> wrote:
>>
>> . The only place that government does a> consistently outstanding job is running the military and arguably the
>>> DOJ.
>> Even the military have figured out that using contractors to run mess
>> halls and repair facilities is more efficient than having the
>> government do the work.
>>
> A lot of that had more to do with handing lucrative contracts to
> friends and relatives of Dick Cheney.
>

By Bill Clinton????? (The Halliburton contracts were let under BC.)

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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:19 PM

John R. Carroll wrote:
<SNIP>

> Anyway, inflation has a known cure that is easy to institute, effective and
> proven.

????? On what planet? Inflation:

1) Punishes people on fixed incomes.
2) Drives wage earners into higher- and higher incremental tax brackets
and triggers things like the AMT in the US tax code.
3) Punishes bond holders (like people who hold U.S. Treasuries)
so that, over time, the bond issuer (like the U.S. government)
has to sell that at higher rates to make them more attractive, thereby
making the servicing of the debt more expensive.

If you really think inflation is a cure for anything you need to
revisit pre-WWII Germany or Zimbabwe in recent times. By your
reckoning, they were/are economic paradises...



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TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:24 AM

Too_Many_Tools wrote:
> On Jun 8, 3:52 pm, "HeyBub" <[email protected]> wrote:
>> Too_Many_Tools wrote:
>>> LOL...another winger who would like to live The Great Bush Depression.
>>> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
>>> what Bush screwed up in EIGHT years?
>> Bush Depression? That's not true.
>>
>> During the Bush years we had 22 consecutive quarters of economic growth. Low
>> unemployment, high productivity, and negligible inflation. All this in spite
>> of Katrina, two wars, and a couple of bursting bubbles.
>>
>> Then the Democrats took over Congress.
>>
>> It took them less than 18 months to fuck it all up.
>>
>> Here's one chart I could find regarding recent GDP growth by quarter:http://www.economicshelp.org/blog/economics/us-economic-growth-statis...
>>
>> Notice the rough average for the Bush years shown is about 2.25%. Since the
>> 3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
>> and unemployment is 9.8%.
>>
>> And if you can blame Bush for what happened during the last 100 days of his
>> administration, then you've got no complaint when criticism is leveled at
>> the first 100 days of Obama's.
>
> The Great Bush Depression.
>
> If Obama isn't sucessful, your children will remember it as that.
>

If Obama is successful, the republic will at least be deeply damaged
and may not ever recover fully.

If he is not successful it will hopefully remind the Sheeple why they
kicked Carter out after one term and why they need to do the same
with Obama.

What our children (and grandchildren, and their children ...) will call
anything is moot. They'll be too busy paying off this generation's
debt fostered in parts by a stupidly run government trying to spend
its way out of debt, a bunch of greedy pigs in the population that
want all the trappings of affluence whether they've earned them
or not, and some unprincipled financial folks who knew they could
take insane risk because the Obama's of this world would bail out
their mistakes. No, I don't think they'll call it The Great Bush
Depression. I think they'll call it "How I Got Shafted By My
Stupid, Greedy, #$%^&* Grandparents".

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SF

"Stu Fields"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 2:56 PM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> John R. Carroll wrote:
>> "Tim Daneliuk" <[email protected]> wrote in message
>> news:[email protected]...
>>> John R. Carroll wrote:
>>> <SNIP>
>>>
>>>> Anyway, inflation has a known cure that is easy to institute, effective
>>>> and
>>>> proven.
>>> ????? On what planet? Inflation:
>>>
>>> 1) Punishes people on fixed incomes.
>>> 2) Drives wage earners into higher- and higher incremental tax brackets
>>> and triggers things like the AMT in the US tax code.
>>> 3) Punishes bond holders (like people who hold U.S. Treasuries)
>>> so that, over time, the bond issuer (like the U.S. government)
>>> has to sell that at higher rates to make them more attractive, thereby
>>> making the servicing of the debt more expensive.
>>>
>>> If you really think inflation is a cure for anything you need to
>>> revisit pre-WWII Germany or Zimbabwe in recent times. By your
>>> reckoning, they were/are economic paradises...
>>
>> I didn't say inflation was a cure for anything. I said "Anyway, inflation
>> has a known cure that is easy to institute, effective and proven."
>> Which is accurate.
>>
>> JC
>>
>>
>
> Ahhh .. that's what I get for speed reading ...

I kinda liked Doug Casey's discussion of inflation vs deflation. Having a
few bucks still in the bank and a fixed retirement income, deflation sounds
better to me.

His success dealing with the economics seems to indicate some working
knowledge. http://www.caseyresearch.com/login.php

> Tim Daneliuk [email protected]
> PGP Key: http://www.tundraware.com/PGP/

Ll

"LD"

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 3:18 AM

"Hawke" <[email protected]> wrote in message
news:[email protected]...
>
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> Hawke wrote:
>> >>> Take your pick. You can have your freedom or you can be an American
>> >>> but you can't have both. Because if you're going to be an American
>> >>> you have given up some of your freedom to be a part of something
>> >>> bigger and more important than just your own selfish interests.
>> >>> Being part of a country and "a people"
>> >>
>> >> You are dead wrong. My formulation is the one the Framers had in
>> >> mind. Yours is the artifact of malignant 19th Century philosophy
>> >> and evil 20th Century politics
>> >
>> > Well, when the framers lived the population was 4 million and 90% of
>> > the population lived within 50 miles of the east coast. Given that,
>> > they hadn't a clue as to what it would take or be like to keep order
>> > in a country the size of this one in the 21st century. Plenty of
>> > ideas of the time have passed. Jefferson thought we should all be
>> > gentlemen farmers. I don't think he had that right. Thinking you are
>> > the only person in the world and are free to do anything you want is
>> > completely passe'.
>> >
>> >
>> >
>> >>> means that the society and the "people" are more important than the
>> >>> individuals. Otherwise why would anyone sacrifice anything for
>> >>> something like "country" when you are all that matters? If you
>> >>> choose to be a part of
>> >>
>> >> You clearly haven't read or understood a shred of U.S. Revolutionary
>> >> history and its intellectual foundations. Guys like Locke and
>> >> Jefferson (and Adams, and Madison, and Paine, and Hancock, and
>> >> Witherspoon, and ...) would hold your view in utter contempt.
>> >
>> > They probably would but they don't have the knowledge that I have
>> > that has come from the hundreds of years since their passing. Times
>> > have changed and if you look carefully you will find that most of
>> > their ideas are either no longer working or are so changed that they
>> > wouldn't recognize them if they saw them in action today. And by the
>> > way, I hold some of their ideas in comtempt too. Lucky for me I have
>> > the benefit of a couple centuries of knowledge they didn't. Otherwise
>> > they would probably have different views too. I can't blame them for
>> > thinking the way they did then because they were ignorant of many
>> > things. But you don't have that excuse.
>> >
>> >
>> >
>> >>> society and part of a nation you make the choice to give up some of
>> >>> your personal freedom it's the social contract. If you don't like
>> >>> the terms then get out and find some place else where you live on
>> >>> your own and are not a part of a larger entity. But if you are a
>> >>> conservative you want to have everything you want for yourself
>> >>> without giving anything up to the whole. In other words the honor
>> >>> system won't work with people like you.
>> >>
>> >> I am not a conservative. But you are clearly a liberal - your
>> >> argument
>> >> is intellectually dishonest, unconnected to actual history, and ends
>> >> with "love my view or hit the road".
>> >
>> >
>> > Well, I do believe in liberal democracy, which seems alien to you even
>> > though you live in one. You seem to be stuck in the wrong century.
>> > All I am saying is that the world is a different place and the rules
>> > have changed. You don't get to do everything you want when you live
>> > in a place with thousands of others in a square mile, which is how
>> > most Americans live. Like it or not you are part of the machine, the
>> > society. There are rules to keeping the thing running and keeping
>> > order. You just are a romantic and have not accepted the realities of
>> > today's world. Can't say I blame you for that but this is the time
>> > and place you exist in so I'd say learn to like it. You'll be a lot
>> > happier.
>>
>> You should learn to quit telling other people how they should live their
>> lives, then you would be a lot happier.
>>
>> Can't get anybody you know to listen to this bullshit in person so you
>> bombard us with it instead.
>>
>> <plonk> you and the IP you road in on.
>
>
> Right wingers are so quick to plonk people. It's no wonder. They truly
> hate
> hearing facts that prove they don't know what they are talking about. The
> plonk you just heard was the sound of another right winger's mind slamming
> shut to keep the truth from getting in.
>
> Hawke
>
>

Is he a "right winger"? I'd thought Imbecile.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:06 PM

Upscale wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
>> Huh? Who called you a ward of the state. I was making a general
>> observation. You're going to have to adjust to the idea that you are
>> almost entirely alone here in making everything personal.
>
> You have every time you've called me evil and a thief for receiving health
> care in the Canadian medical system. Your extremely feeble attempt at
> playing ignorant is just that.

One last time in really small words and simple sentences:

It is not wrong to collect benefits for which you have paid,
even when such programs are involuntary. You *should* do so.
*I* do so as needed. Taking what you've paid for (or what your
employer has paid for) is not evil or theft.

It *is* wrong to defend and demand more systems that are built
on involuntary participation. You are perpetuating forceful
action against non-violent victims in doing this. It is evil.


>
>> You know, I generally give you a lot of latitude because of your
>> having told us all that you have a physical infirmity. Since I don't

> If you said it to me in person, I'd happily break your face.

Oh dear. The man with the self-proclaimed moral high ground
threatens violence over a statement of empathy. Good bye...

----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 8:50 AM

[email protected] wrote:
>
> Why not just make one sterotype for both, they are just different
> sides of the same coin. Saying you are liberal or conservative means
> you giving up on the thought process and rely on faith to guide your
> life. It's an easy way to live your life though, imagine trying to
> think about questions before answering them, instead of just
> regurgitating the party line.

Because it's easier.

C. Northcott Parkinson observed:

"When a member of your party makes a speech, you need only respond with
'Hear, hear!' and when the opposition party claims the floor, you need only
shout 'Shame! Shame!' "

Politicians like to make their lives easier.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 4:17 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Hawke" <[email protected]> wrote in message
> news:sCS%[email protected]...
> >
> >> >> >> The federal government pays for between 50 and 70% of all
research
> > and
> >> >> >> development costs in the pharma industry.
> >> >> >
> >> >> > I'd like to see a source for that number. Strange that the Feds
> >> >> > will
> >> > pay
> >> >> > all that money but not demand that they retain rights to the
product
> >> >> > developed--the Feds don't usually work that way.
> >> >>
> >> >> They don't retain the rights. It's a backhanded way to finance
> > university
> >> >> medical research; they cut off most federal money, so now the
> >> >> universities
> >> >> get to keep the licensing fees.
> >> >>
> >> >> However, as I mentioned, the R&D that Hawke is talking about is
> >> >> *basic*
> >> >> research, and only a small fraction of the total research costs
needed
> > to
> >> >> get a drug ready for medical use. Most of it -- especially the very
> >> >> expensive clinical trials -- are paid by the pharma industry.
> >> >>
> >> >> >
> >> >> >> So there's your answer. It's
> >> >> >> paying for most of the research for new drugs right now and that
> > will
> >> >> >> continue in the foreseeable future. So there you go. By the way,
at
> >> >> >> least half of the money spent by pharma goes to advertising not
> >> >> >> R&D.
> >> >> >
> >> >> > So what?
> >> >>
> >> >> The "half" figure is not accurate, either. It's less than 1/3.
> >> >>
> >> >> This is a controversial subject and the only way to get a realistic
> > view
> >> > of
> >> >> it is to really dig deep into the facts. The advocates on both sides
> > have
> >> > a
> >> >> very easy time of muddying the waters because the system is very
> > complex.
> >> >>
> >> >> --
> >> >> Ed Huntress
> >> >
> >> >
> >> > Like I said, I'm getting those stats from Ha-Joon Chang, the well
noted
> >> > economist (Google him if you like). In his book he goes into this.
> >> > Since
> >> > he's an economist and has written a book and mentions this
specifically
> > I
> >> > think his statistics are probably accurate. He has great credentials.
A
> >> > Cambridge educated economics professor, with a mentor like Joe
> >> > Steglitz,
> >> > writing on this I think is a pretty reliable source. Of course, you
can
> >> > disagree with him but I'd like to see the credentials of who you do
> >> > believe.
> >> >
> >> > Hawke
> >>
> >> Well, I could quote the figures that he cites, and show you their
> >> weaknesses.
> >>
> >> But what you quote is not, I think, what Chang says. Here's what I was
> > able
> >> to find in his writing:
> >>
> >> "A lot of research is conducted by non-profit-seeking organizations --
> > even
> >> in the US. For example, in the year 2000, only 43% of US drugs research
> >> funding came from the pharmaceutical industry itself. 29% came from the
> >> US
> >> government and the remaining 28% from private charities and
> >> universities."
> >>
> >> He cites a source that I can't identify (I was searching on Amazon's
> >> previews) but the numbers sound familiar. I think they come from pharma
> >> itself. What Chang doesn't note, however, is that the part that comes
> >> from
> >> universities is paid for, after the government NIH grants are accounted
> > for,
> >> by licensing fees to Big Pharma. In other words, pharma pays more than
> > half
> >> of the total, and a couple of times what government is paying.
> >>
> >> That's not to absolve pharma of the way it operates, but the picture is
a
> >> lot more complicated than these few figures suggest. Their entire
> >> business
> >> model is under threat right now. Coming up with new "small-molecule"
> >> drugs
> >> has gotten to be extremely tough. And the biotech industry, which has
> >> lost
> >> money, as a whole, every year since it came into existence, is not a
> >> promising replacement. It's a good way to go broke.
> >>
> >> The industry is going through a crisis and it will be shaken up. The
> >> question is who will wind up paying for all of the research. In the
end,
> > of
> >> course, it's you and me, any way you look at it. But we'd make out a
lot
> >> better if we were Canadian or French.
> >>
> >> --
> >> Ed Huntress
> >
> >
> > It would be nice to speak to Mr. Chang personally and have him explain
in
> > more detail about the statistics he's citing in his book. Unfortunately,
I
> > don't think I'm going to be able to get through to him any time soon.
>
> He didn't do the research for that data. He cites another source for it. I
> think it's on page 125 or 126. If you have the book, take a look and see
> where he got the data.
>
> > Then
> > there's the problem of understanding him. I saw him at a Q&A on Book TV
> > and
> > his Korean accent was so thick I could hardly understand him. I'd like
to
> > hear him and Arnold (Terminator) having a conversation, that would be
> > something.
>
> That sounds like my chemistry teacher in college. That's why I don't know
> squat about chemistry. <g>
>
> >
> > We have three good choices for quality health care, four actually. Being
> > French or Canadian, being filthy rich, or being a member of congress.
God
> > Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
> > member of the unwashed masses sucks.
> >
> > Hawke
>
> It's not going to get much better for a long time. Hope for catastrophic
> care aided by the government, which probably will cover nearly everyone,
and
> fairly large chunks of ordinary care paid out of your own pocket. I expect
> some kind of price controls on drugs within five years. The way their
> economics are going, they'll try to *raise* prices on a continuing basis,
> and every other country but the US will resist. That means we'll pay all
of
> it until we finally get down to clamping a lid on them.
>
> Or don't get sick. Or shoot yourself when you do. d8-)


Boy, those are some swell choices, aren't they? Don't you just love living
in the greatest country in the world? I guess this is as good as it gets.

Hawke

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 9:18 PM

On Mon, 08 Jun 2009 19:50:52 -0500, Tim Daneliuk
<[email protected]> wrote:


>I actually more-or-less agree with you on all that, but I'm still
>ticked off about the government's failure to maintain the post
>roads and issue bills of attainder...




Outstanding!

I have often enjoyed our colloquy and do not so much consider you an
adversary as an interlocutor.

My politics are actually not so dissimilar to yours, if I understand
them correctly.

I am a fundamentalist in the regard of the constitution, although I am
open to interpretation based on the need of the times, within reason.

You must understand that I am the sole arbiter of the definition of
'reason'.

I, like you, am neither Republican, nor Democrat. Neither am I some
hideous hermaphrodite but view the choice, as I believe you do also,
to be a case of A false dichotomy.

I must recommend a book to you that I have just finished today:

"The Reagan I Knew", by William F. Buckley Jr.

I went to the library looking for his book on Goldwater but it was not
there.

This book was a very satisfactory substitution.

I had arguments with Reagan over economics but thought that his take
on the Russians was spot on.



Best wishes,


Tom
Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

09/06/2009 12:04 AM

Stuart Wheaton wrote:

> I find it curious that you view spending on an artillery shell to
> have merit and residual value, but seem to discount any value of
> things like the TVA powerplants, the Rural Electrification Project,

I think you misunderstood me - I said more-or-less what you did. I
thought was fairly clear:


But it wasn't useless. It created a reusable infrastructure that
carried us well into the 1980s in some cases. The actual work
product was ultimately destroyed, but so too is a new Chevy - it
just takes longer. The individual artifacts may have been
economically useless but a wealth creation engine was brought into
being.

The infrastructure created to build these artifacts (bombs or Chevys)
itself is (in economic terms) of durable value, the shells that it
built are not, however necessary their manufacture was in the first
place.

The problem is that infrastructure built by government is typically a
bloated bureaucratic mess. I had a brief stint as a project manager
for a nuclear power consulting outfit years ago. One of my clients
was, oddly, the TVA, circa mid 1980s. During the year or so I was
involved, they managed to not produce a microwatt of power in any of
the then 7 (?) reactor vessels on property. Why? Because they could
not meet the government's own inspection standards.

It is one thing to have the government put competitive bids out so
that the private sector can respond via market forces to build things
to be best/cheapest/most valuable. It is quite another to have
government drone building and running such establishments themselves.
The nature of government - at every level typically - is a political
one that rewards back scratching, career motivated compromises, and
one which almost never experiences the purifying process of
competition. The current bunch of loons running the country proceed on
the assumption that almost everything is better done by government
itself. They are dead wrong. The only place that government does a
consistently outstanding job is running the military and arguably the
DOJ.

> The Parks and forests developed by the CCC and the public buildings
> that were built by the WPA. The results of that Government spending
> had far longer lasting value than any bomb dropped on Germany.

This statement is absurd and flatly false on its face. Ask the
Europeans if they agree. The bombs of WWII, not to mention all the
other treasure and blood expended, were of almost incalculable value.
Imagine a Nazified Europe today if you think otherwise.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected] PGP Key:
http://www.tundraware.com/PGP/

EP

"Ed Pawlowski"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 8:32 PM


"Ed Huntress" <[email protected]> wrote in message
> I liked the analogy made by someone back when affirmative action was first
> being discussed, around 1970 or so. He said that breaking down legal
> barriers to employment opportunity was like telling someone who had been
> chained up for 20 years that, now that his chains were removed, he is
> expected to compete in a 100-yard dash on an equal basis. "Now, go run,
> and no more complaints from you," it says.

IMO, the proper approach it to allow that person to compete and, if he
fails, to help him so that he can do better in the future. You don't tell
the other competitors to slow down, nor do you ignore the fact that they did
the best of their ability. .

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 3:27 PM

Ed Huntress wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>> <SNIP>
>>
>>> There is no real competition in the health care insurance industry,
>>> except
>>> for the management of large corporate accounts. Large corporations are
>>> not
>>> actually insured by insurance companies; they're self-insured, with the
>>> big
>>> insurance companies managing the account for a fee. Corporations have the
>>> best set of incentives to drive health care effectively and efficiently
>>> but
>>> it isn't like buying iron ore or accounting services for them, and they,
>>> too, are limited in how much they can shape the overall system.
>> Nonsense. Take a look at what is going on in places like Wal-Mart
>> and other large chain clinics that are operating on a no-insurance
>> basis (at least some of them are) and compare their prices to the
>> costs assessed in traditional government-supported care facilities.
>> It's not even close. Take a look at what happens to pharma prices
>> when the regulatory bozos get out of the way and let people
>> order their meds over the internet.
>
> Nonsense back at you. <g> If you select a few treatments, drugs, and tests

:)

> that you're going to supply to the exclusion of all others, and don't have
> to carry the full overhead of a regular medical facility, you can make them
> as cheap as you want to. It all depends on what you're going to do.

That's right. Just like all markets, some actors are specialists, some
are generalists, some make money at volume, some make money in boutique
niches. That's what *markets* produce and government never will:
Self directed efficiencies.

>
> As for letting the regulatory bozos get out of the way, Wal-Mart's clinics
> are fully government regulated, and they are in most, if not all cases,
> co-sponsored by local hospitals. If someone shows up with something more
> serious they send them on to the hospital:
>
> http://walmartstores.com/FactsNews/NewsRoom/6419.aspx

>
> Wal-Mart's initiative is a good one, but it's a part of the existing
> system -- licensing, regulation, and so on. They're regulated the same as
> any other pharmacy or treatment facility. They just concentrate on the least
> expensive kinds of work. As for high pharma prices, they're the result of
> the US having the world's only major drug market with no price regulation.
> When you buy patented drugs or generics, you're paying the free-market price
> for either one. The high prices are not the result of regulation; they're
> the result of LACK of regulation. Just look at what the same drugs cost in
> other countries, where prices are regulated to beat hell.

Uh ... that was a nice dance, but not convincing. The "regulation"
to which I was referring was that which prevents U.S. citizens from
freely seeking the lowest cost pharma over, say, the internet, whether
or not it is a U.S. source. The "regulation" to which you refer is
the distortion of price created when the force of government
is used to keep prices artificially low. This has all kinds of
secondary consequences as you well know - it is not a free lunch.
In an open market with all players operating honestly, competition
over the long pull will drive prices down, not up. The only reason
some drugs cost so much today (or at least one of them) is that
the manufacturer is amortizing their R&D costs over the relatively
short period of time that they have exclusive control of the drug
they paid to invent (i.e., Before it goes generic.)

>
>>>> Prices are artificially high today
>>>> precisely because the providers are guaranteed government payment
>>>> for some part of the service or pharma vended.
>>> How does that explain the fact that health care prices in Europe run
>>> around
>>> 1/2 - 2/3 of ours, even where the government guarantees *all* of the
>>> payment
>>> there?
>> Now compare the depth, completeness, and speed of care here and there.
>> Care can cost more in the U.S. because everyone wants - and mostly gets -
>> instant, very high quality care on-demand. This is decidedly not the
>> case in the socialized systems with which I am most familiar (Canada and
>> the UK leap to mind). Also, those European "prices" often to not
>> fairly reflect the actual tax burden associated with them. Something
>> can only be "cheap" or "free" in that world if someone is propping it
>> up with Other People's Money.
>
> There have been endless studies that show that simply isn't true. Those are
> mostly myths. Of course European costs are paid with taxes. But the
> accounting for costs has been done by the best professionals in the field.

That doesn't give me a lot of confidence. Government accounting
"professionals" managed to miss the Fannie/Freddie meltdown, the
incorrectly rated CDO debacle, the naked shorting and all the rest we
see today. Government always acts by coercion or the threat of same.
It cannot help therefore but to distort price and therefore market
dynamics. That's why I can buy a hammer for $25 that costs the Air
Force $600.

As to the healthcare on average being inferior in socialized systems,
I had extensive discussions on the matter with a number of my Canadian
relatives working *in* that healthcare delivery system. They all
independently say more-or-less the same thing: If your condition
is life threatening, you will receive adequate or better. In all other
situations you will receive slow, rationed care where in the Big Bad
Government Bureaucracy decides just what- and when you will get.
A goodly number of people with non-life threatening problems like
gall stones, buy travel insurance and manage to have an "attack"
while visiting the U.S. - it's the only way they can get relief
from their suffering in a prompt manner. Other examples abound
in the U.K. system.

>
>>> Medicare pays only about 80% of what private insurance pays; Medicaid
>>> pays
>>> even less. The price standards are set by private managed-care insurers,
>>> not
>>> by the government. If it was government-pay only, prices would be at
>>> least
>>> 20% less just by that fact alone. And corporate benefits managers in
>>> Fortune
>>> 500 companies are the ones who are determining the managed-care rates.
>> No they wouldn't - the *apparent* price would fall because - like I said -
>> the collectivists never want to express the real cost of burdensome
>> taxation,
>> government bureaucracy, and picking up the tab for the various kinds
>> of self-inflicted wounds so popular among today's professional victims.
>> You're an economist (or very well educated therein). You should know this
>> better than anyone: Price is a measure of scarcity that directs
>> resources.
>> Without a fair and transparent market, price/scarcity cannot be
>> ascertained.
>> When government is in charge, it artificially decides what is- and is not
>> scarce and who should get what. This is inefficient, expensive, and
>> ultimately
>> ineffective, at least by comparison to the alternatives.
>
> <ho!> Economics is one of my two lifelong academic hobbies, the other being
> constitutional law, although I did study it some in college. My son is a
> senior economics major and math minor, and he's already disgusted with my
> inability to follow the econometric models he works with. I don't do
> third-semester calculus or linear algebra. <g>

(That's the fun stuff, though I personally loved the more esoteric corners
of systems of differential equations, and much later, computational theory.
You haven't lived until you've spent a whole weekend doing a single
proof. SWMBO once picked up one of my texts and said, "There is literally
nothing in this book I can read, let alone understand" - it was almost
entirely symbolic.)

>
> I'm a writer and editor. Before I went freelance again, I spent five years
> in medical editing, winding up as Senior Medical Editor in the managed care
> (HMOs, PPOs, Medicare) division of a medical communications company. That
> was a full-body immersion in the economics of health care, and I worked with
> some top experts in medical economics.
>
> As for competition in the field, of course it would be the best way to
> handle it and is always to be preferred, IMO, if the pieces align to produce
> the benefits we all associate with real competition. But, as I said,
> competition is pretty much an illusion in health care. We're the only
> developed country with no price regulation on drugs -- it's a free-market
> free-for-all. And we have the highest drug prices in the world, by far. It
> seems that people will pay anything they can to prolong their lives. That's
> why Europe has lost so much of their pharma infrastructure to the US; this
> is where the real money is. Within 25 miles of my house, our clients
> included Pfizer, Sanofi-Aventis, Bayer, Merck, Wyeth, Novartis, and too many
> others to list.


That's why we should *deregulate* things like where people buy their pharma.
You'd see a big equilibrium in price being established when the Canadians,
Brits (and other Europeans) realized that by selling pharma to the U.S.
consumer, their own taxpayers would effectively be underwriting the
costs. Nothing forces people into global transparent markets like real
(honest) global competition.

You also note - perhaps without meaning to - a real downside to regulation:
It drives out the innovators. Why on earth would a Pfizer or Merck want
to live in the morass of EU regulations when they can stay here, innovate,
profit, and do well instead. This is the central fallacy of the
"healthcare shouldn't be profit motivated" scheme of things. It is one
thing to either legislate or regulate around poor product quality and/
or outright fraud. It is quite another to say "we the villagers with torches
will take your pills and tell you how much we'll pay for them, if anything."
Distorting markets creates horrible results whether the distortion stems
from fraud or government meddling - they are equivalent in their general
results.

>
>> <SNIP>
>>
>>> You can, however, get much better results by aligning incentives properly
>>> so
>>> that all health care management is driven toward a goal of providing
>>> better
>>> care for less money. That won't happen as long as the system is mostly
>>> private, because the financial incentives for health care insurers, for
>>> example, are to deny coverage as much as possible; to pay providers as
>>> little as possible; and to exploit the vast statistical and actuarial
>>> complications of health care, along with an advertising and promotion
>>> program in an effective cost benefit ratio, to give the impression of
>>> better
>>> service while actually providing as little as they can get away with.
>>> Financial incentives for other providers in the system are similarly
>>> twisted
>>> and perverted, although the case is most obvious on the insurance side.
>> IOW, the only way to fix the incentives is by the point of the
>> government's
>> gun. You want to replace voluntary private sector commercial arrangements
>> with the coercive power of an institution than can't run the DMV properly,
>> can't manage to appoint a cabinet full of people that have all paid their
>> own taxes, can't manage to balance a budget, and mostly works like a
>> large scale version of villagers with torches. Wonderful.
>
> I'd disagree with your characterization of government. If you want to see a
> screw-up, you should see the way Sanofi handled the last drug I worked on,
> spending $110 million on pre-approval marketing alone, and then having the
> drug fail FDA approval -- for a good reason that S-A should have known going
> in.

Right, but *I* don't have to pay for their screwups - their shareholders
do. Their shareholders also have the ability to easily get rid of the
bozos in charge of the screwup. That is *not* the case with government.
The majority of the government that pushes us all around is NOT elected.
It is the various flavors of regulators and other appointed civil servants
that really run day-to-day government. Short of a very expensive lawsuit,
it is essentially impossible to get the BATF, EPA, IRS, DEA, FDA, BLM, and all
the rest of the alphabet soup of government to back off when they are wrong.
When the private sector is wrong is fails and either adjusts or permanently
disappears (unless they have a kindly idiot President bailing them out
of their own sins). When government fails, it just spends more money
doing more of the same - there is no meaningful feedback loop for most of
government. I'd guess that in an average year, the government screws
up a lot more, bigger, and with more money than the vast bulk of
private sector.


>
>
>>> That's not to say health care providers are so cynical that they're
>>> driven
>>> only by money, or that they'll always grab the opportunity to deceive. I
>>> worked in that industry long enough to know better. But if financial
>>> incentives are pulling one way and ethical incentives are pulling in a
>>> different way, ethical considerations are going to lose some, if not
>>> most,
>>> of the battles. In the end, profit is the most demanding incentive, and
>>> the
>>> ways to achieve it are mostly counter-productive to the goal of better
>>> and
>>> more cost-efficient care. As the system is structured now, there is no
>>> benefit to coming up with a solution that's 95% as good, but at half the
>>> price. Only killing 5 people out of 100 is not a good advertising slogan
>>> in
>>> the health care business.
>> Again, you fail to make the comparison with the alternative. The
>> government has *no* respect for ethics - only power. The government
>> innately works for the "group not the individual - I can think of
>> no more terrifying place to apply this than healthcare: "Since, on
>> average,
>> people your age don't get strokes, we're not obligated to do much about
>> yours." The government operates by compromise not principle and it will
>> always be worse, therefore, than the most debauched profit-motivated
>> private sector actor (except those that act fraudulently).
>
> The relative success of other countries' systems suggests that is so much
> bunk. I worked in the health care industry. I have no faith in its structure
> of motivations, incentives, or results, taken as a whole. The system, as it
> really works, doesn't give a damn about you -- unless you have a lot of
> money, in which case you're all set.

Given a serious medical condition that required state-of-the art
skills, tools, and practitioners, would you prefer to be treated
in the U.S. or in one of the collectivist nirvannas you cite?

>
>>> Whether the system is mostly private or mostly government-run matters
>>> much
>>> less than how well the incentives can be aligned with the goals of
>>> producing
>>> the best service at the lowest cost. Unlike most industries, health care
>>> is
>>> inherently resistant to the benefits of competition, for the reasons I
>>> cited
>>> above. It isn't that competition and beneficial incentive structures are
>>> impossible; it's just that no one has figured out how to accomplish them.
>> Wal-Mart has. Some of my local drugstore chains have.
>
> Right. For flu shots and blood pressure testing, and to dispense cheap,
> 50-year-old drugs whose patents have long expired.

I have direct experience with a family member that belies this. I
watched the corner cheapo clinic diagnose a family member with
a life threatening condition that precipitated hospital care
and saved the person's life. No, the cheapo clinic didn't have
the resources to treat the problem, but as a first line of triage -
where so much cost is sunk today - they did just fine, and for only
a few hundred dollars.

As I said above, you need generalists, specialists, and so on all in
the medical ecosystem. Smith's Pin Factory example leaps to mind...

>
>> The freestanding
>> "quicky clinic" on the corner has. The real problem here in IL is that
>> the liability laws are insane and are driving medical practitioners out of
>> the state. When a newly minted Ob/Gyn has to pay upwards of a half
>> million
>> dollars (give or take) per year for liability insurance, it's hard to
>> keep those folks in state.
>
> That's the free market for you. Nobody is regulating tort lawyers. It's a
> free-enterprise system, with a democratic selection of juries. d8-)
>
> Now, if the quicky clinic was so bold as to get into the riskier aspects of
> medicine, they wouldn't be so cheap. But ask for an arterial stent and
> they'll send you away.
>

The whole tort thing is really troublesome. On the one hand you
want people truly harmed to have redress. On the other, it's become
a get-rich-quick scheme for unscrupulous lawyers and stupid sheeple.
I would also point out that the problem is largely not the
judges, it is the *juries*. Having served on a criminal jury, I shudder
at the thought of ever being at a jury's mercy in either criminal or
civil court.


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

rr

rangerssuck

in reply to Tim Daneliuk on 15/06/2009 3:27 PM

17/06/2009 9:11 AM

On Jun 17, 11:42=A0am, Gunner Asch <[email protected]> wrote:
> On Wed, 17 Jun 2009 04:20:03 -0700 (PDT), rangerssuck
>
>
>
> <[email protected]> wrote:
> >On Jun 16, 10:28=A0pm, Gunner Asch <[email protected]> wrote:
> >> On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
>
> >> <[email protected]> wrote:
> >> >On Jun 16, 5:53=A0pm, Gunner Asch <[email protected]> wrote=
:
>
> >> >> Please note that its very few conservatives that give a shit about =
how
> >> >> you live your life..your sexuality etc. =A0They are known as the Re=
ligious
> >> >> Right. =A0A rather small percentange of the total.
> >> >> Im Buddhist.
>
> >> >No you're not.
>
> >> Cites?
>
> >You can call yourself whatever you want. It doesn't make it true, Your
> >behavior in this newsgroup is so diametrically opposed to Buddhist
> >teachings as to be laughable, And no, I won't continue this
> >conversation.
>
> So you have no idea who or what Renzi Buddhists are. =A0Fascinating.
>
> Yet you spew your 5c opinion like its gospel written from on high.
>
> Perhaps you should read, travel and learn before you shoot off your
> mouth and show yourself to be an ignorant and utter buffoon to all?
>
> One also assumes you are familiar with this quote?
>
> "Sinhalese Buddhist majority in Sri Lanka as among the list of unholy
> religious killers elsewhere"
>
> Get back to me when you actually know something about the religion and
> its variants.
>
> Hint...when looking up Renzi Buddism...google =A0Yoshida Clan
>
> Get back to me when you become FAR less ignorant than you are now.
>

OK. You win. You can call yourself whatever you want. But, just for
the record, I googled Renzi Buddhism and, in the first five pages of
results, the only mentions of those two words near each other were
your posts, and a rather incomprehensible site about the history of
kempo martial artists.

I doubt you'll find many other Buddhists to agree with you, but hey,
whatever floats your boat.

GA

Gunner Asch

in reply to Tim Daneliuk on 15/06/2009 3:27 PM

17/06/2009 8:42 AM

On Wed, 17 Jun 2009 04:20:03 -0700 (PDT), rangerssuck
<[email protected]> wrote:

>On Jun 16, 10:28 pm, Gunner Asch <[email protected]> wrote:
>> On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
>>
>> <[email protected]> wrote:
>> >On Jun 16, 5:53 pm, Gunner Asch <[email protected]> wrote:
>>
>> >> Please note that its very few conservatives that give a shit about how
>> >> you live your life..your sexuality etc.  They are known as the Religious
>> >> Right.  A rather small percentange of the total.
>> >> Im Buddhist.
>>
>> >No you're not.
>>
>> Cites?
>>
>
>You can call yourself whatever you want. It doesn't make it true, Your
>behavior in this newsgroup is so diametrically opposed to Buddhist
>teachings as to be laughable, And no, I won't continue this
>conversation.

So you have no idea who or what Renzi Buddhists are. Fascinating.

Yet you spew your 5c opinion like its gospel written from on high.

Perhaps you should read, travel and learn before you shoot off your
mouth and show yourself to be an ignorant and utter buffoon to all?

One also assumes you are familiar with this quote?

"Sinhalese Buddhist majority in Sri Lanka as among the list of unholy
religious killers elsewhere"

Get back to me when you actually know something about the religion and
its variants.

Hint...when looking up Renzi Buddism...google Yoshida Clan

Get back to me when you become FAR less ignorant than you are now.

Gunner Asch




"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

EH

"Ed Huntress"

in reply to Tim Daneliuk on 15/06/2009 3:27 PM

17/06/2009 11:57 AM


"Gunner Asch" <[email protected]> wrote in message
news:[email protected]...
> On Wed, 17 Jun 2009 04:20:03 -0700 (PDT), rangerssuck
> <[email protected]> wrote:
>
>>On Jun 16, 10:28 pm, Gunner Asch <[email protected]> wrote:
>>> On Tue, 16 Jun 2009 16:46:44 -0700 (PDT), rangerssuck
>>>
>>> <[email protected]> wrote:
>>> >On Jun 16, 5:53 pm, Gunner Asch <[email protected]> wrote:
>>>
>>> >> Please note that its very few conservatives that give a shit about
>>> >> how
>>> >> you live your life..your sexuality etc. They are known as the
>>> >> Religious
>>> >> Right. A rather small percentange of the total.
>>> >> Im Buddhist.
>>>
>>> >No you're not.
>>>
>>> Cites?
>>>
>>
>>You can call yourself whatever you want. It doesn't make it true, Your
>>behavior in this newsgroup is so diametrically opposed to Buddhist
>>teachings as to be laughable, And no, I won't continue this
>>conversation.
>
> So you have no idea who or what Renzi Buddhists are. Fascinating.

I thought you were a Dumpster-Diving Buddhist of the Terminal Ballistics
sect. Did you change to Renzi, or Ch'an Men?

--
Ed Huntress

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 5:09 PM

Robatoy wrote:
> On Jun 11, 4:21 pm, Tim Daneliuk <[email protected]> wrote:
>
>
>> Apparently, at least in some
>> quarters, the most complicated information space people are capable
>> of considering is binary.
>>
>
> You mean: (Bush quote)
>
> "You're either for us, or against us?"

Sigh. Bush actually said: "Either you are with us, or you are with the
terrorists."

Address to Joint Session of Congress
http://georgewbush-whitehouse.archives.gov/news/releases/2001/09/20010920-8.html

You're probably thinking of "He who is not with me is against me, [and he
who does not gather with me scatters]." (Matthew 12:30).

No harm, though. I can see how it's easy to confuse Bush and Jesus.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 3:11 PM

John R. Carroll wrote:
> "Tim Daneliuk" <[email protected]> wrote in message
> news:[email protected]...
>> John R. Carroll wrote:
>> <SNIP>
>>
>>> Anyway, inflation has a known cure that is easy to institute, effective
>>> and
>>> proven.
>> ????? On what planet? Inflation:
>>
>> 1) Punishes people on fixed incomes.
>> 2) Drives wage earners into higher- and higher incremental tax brackets
>> and triggers things like the AMT in the US tax code.
>> 3) Punishes bond holders (like people who hold U.S. Treasuries)
>> so that, over time, the bond issuer (like the U.S. government)
>> has to sell that at higher rates to make them more attractive, thereby
>> making the servicing of the debt more expensive.
>>
>> If you really think inflation is a cure for anything you need to
>> revisit pre-WWII Germany or Zimbabwe in recent times. By your
>> reckoning, they were/are economic paradises...
>
> I didn't say inflation was a cure for anything. I said "Anyway, inflation
> has a known cure that is easy to institute, effective and proven."
> Which is accurate.
>
> JC
>
>

Ahhh .. that's what I get for speed reading ...


--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

22/06/2009 2:23 PM


> >> >> The federal government pays for between 50 and 70% of all research
and
> >> >> development costs in the pharma industry.
> >> >
> >> > I'd like to see a source for that number. Strange that the Feds will
> > pay
> >> > all that money but not demand that they retain rights to the product
> >> > developed--the Feds don't usually work that way.
> >>
> >> They don't retain the rights. It's a backhanded way to finance
university
> >> medical research; they cut off most federal money, so now the
> >> universities
> >> get to keep the licensing fees.
> >>
> >> However, as I mentioned, the R&D that Hawke is talking about is *basic*
> >> research, and only a small fraction of the total research costs needed
to
> >> get a drug ready for medical use. Most of it -- especially the very
> >> expensive clinical trials -- are paid by the pharma industry.
> >>
> >> >
> >> >> So there's your answer. It's
> >> >> paying for most of the research for new drugs right now and that
will
> >> >> continue in the foreseeable future. So there you go. By the way, at
> >> >> least half of the money spent by pharma goes to advertising not R&D.
> >> >
> >> > So what?
> >>
> >> The "half" figure is not accurate, either. It's less than 1/3.
> >>
> >> This is a controversial subject and the only way to get a realistic
view
> > of
> >> it is to really dig deep into the facts. The advocates on both sides
have
> > a
> >> very easy time of muddying the waters because the system is very
complex.
> >>
> >> --
> >> Ed Huntress
> >
> >
> > Like I said, I'm getting those stats from Ha-Joon Chang, the well noted
> > economist (Google him if you like). In his book he goes into this. Since
> > he's an economist and has written a book and mentions this specifically
I
> > think his statistics are probably accurate. He has great credentials. A
> > Cambridge educated economics professor, with a mentor like Joe Steglitz,
> > writing on this I think is a pretty reliable source. Of course, you can
> > disagree with him but I'd like to see the credentials of who you do
> > believe.
> >
> > Hawke
>
> Well, I could quote the figures that he cites, and show you their
> weaknesses.
>
> But what you quote is not, I think, what Chang says. Here's what I was
able
> to find in his writing:
>
> "A lot of research is conducted by non-profit-seeking organizations --
even
> in the US. For example, in the year 2000, only 43% of US drugs research
> funding came from the pharmaceutical industry itself. 29% came from the US
> government and the remaining 28% from private charities and universities."
>
> He cites a source that I can't identify (I was searching on Amazon's
> previews) but the numbers sound familiar. I think they come from pharma
> itself. What Chang doesn't note, however, is that the part that comes from
> universities is paid for, after the government NIH grants are accounted
for,
> by licensing fees to Big Pharma. In other words, pharma pays more than
half
> of the total, and a couple of times what government is paying.
>
> That's not to absolve pharma of the way it operates, but the picture is a
> lot more complicated than these few figures suggest. Their entire business
> model is under threat right now. Coming up with new "small-molecule" drugs
> has gotten to be extremely tough. And the biotech industry, which has lost
> money, as a whole, every year since it came into existence, is not a
> promising replacement. It's a good way to go broke.
>
> The industry is going through a crisis and it will be shaken up. The
> question is who will wind up paying for all of the research. In the end,
of
> course, it's you and me, any way you look at it. But we'd make out a lot
> better if we were Canadian or French.
>
> --
> Ed Huntress


It would be nice to speak to Mr. Chang personally and have him explain in
more detail about the statistics he's citing in his book. Unfortunately, I
don't think I'm going to be able to get through to him any time soon. Then
there's the problem of understanding him. I saw him at a Q&A on Book TV and
his Korean accent was so thick I could hardly understand him. I'd like to
hear him and Arnold (Terminator) having a conversation, that would be
something.

We have three good choices for quality health care, four actually. Being
French or Canadian, being filthy rich, or being a member of congress. God
Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
member of the unwashed masses sucks.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 9:17 PM

Too_Many_Tools wrote:
> On Jun 7, 11:05 am, "HeyBub" <[email protected]> wrote:
>> Doug Winterburn wrote:
>>
>>> As my dear old departed mum told me almost 50 years ago - "When
>>> you're young, you're idealistic and liberal, then you got to work
>>> and start paying taxes and become a conservative, then you get old
>>> and start looking for help because you didn't plan ahead and you
>>> become liberal again".
>>
>> Or "a conservative is a former liberal who's been robbed."
>>
>> One maxim that floated around New York during the Guiliana years:
>>
>> "A Republican is a Democrat who suddenly realizes he hasn't been
>> mugged lately."
>
> So what does that make the Republicans that just robbed this Country
> of TRILLIONS?

Uh, no. Every single Republican in the Congress voted AGAINST the
multi-trillion dollar bailouts. The thing the Republicans supported - in the
last administration - was less than a trillion ($837 billion if I recall
correctly).


TW

Tom Watson

in reply to "HeyBub" on 07/06/2009 9:17 PM

10/06/2009 10:11 AM

On Wed, 10 Jun 2009 08:36:00 -0500, "HeyBub" <[email protected]>
wrote:

>Hawke wrote:
>>
>>
>> I have some bad news for ya. Your "do nothing" recommendation is just
>> what the Hoover administration thought was the right medicine for the
>> country in 1929. Their view was that the depression was like a
>> hurricane. The best thing you could do was get out of the way and let
>> it happen and then clean up afterwards. You will understand if we
>> don't think that is a smart way to handle our problems. It didn't
>> work then and it won't work now. Why else would the government not be
>> following your and Hoover's advise to just do nothing? Maybe because
>> they know something you don't. Like history.
>>
>
>Actually we don't know whether a "do nothing" approach would have worked.
>FDR tried all manner of fixes. The latest research indicates that FDR's
>tinkering actually made the depression worse.
>
>FDR's policies prolonged Depression by 7 years, UCLA economists calculate
>http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx





Summa contra Supra:


http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2009/02/18/the_new_deal_and_right_wing_revisionism/



Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

GA

Gunner Asch

in reply to "HeyBub" on 07/06/2009 9:17 PM

14/06/2009 1:13 PM

On Wed, 10 Jun 2009 08:36:00 -0500, "HeyBub" <[email protected]>
wrote:

>Hawke wrote:
>>
>>
>> I have some bad news for ya. Your "do nothing" recommendation is just
>> what the Hoover administration thought was the right medicine for the
>> country in 1929. Their view was that the depression was like a
>> hurricane. The best thing you could do was get out of the way and let
>> it happen and then clean up afterwards. You will understand if we
>> don't think that is a smart way to handle our problems. It didn't
>> work then and it won't work now. Why else would the government not be
>> following your and Hoover's advise to just do nothing? Maybe because
>> they know something you don't. Like history.
>>
>
>Actually we don't know whether a "do nothing" approach would have worked.
>FDR tried all manner of fixes. The latest research indicates that FDR's
>tinkering actually made the depression worse.
>
>FDR's policies prolonged Depression by 7 years, UCLA economists calculate
>http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx
>

And as a result of the control the Far Leftist extremists have on the
USA...I have returned to stocking up on canned goods by the multiple
case, ammo and components and so forth.

The Great Depression Part Deux is upon us and this time it may last
longer with Leftwing extremists trying to juggle things.

Got Rope?


Gunner
"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Pn

Phisherman

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 8:07 AM

On Fri, 5 Jun 2009 20:39:18 -0400, "Ed Pawlowski" <[email protected]>
wrote:

>
>"Too_Many_Tools" <[email protected]> wrote in message
>
>LOL...I used to be a conservative but as I get older I find myself
>becoming much more liberal.
>
>That liberalism comes from acquiring wisdom.
>
>And if you haven't noticed, the Country just slapped the conservative
>movement into the next decade after enjoying its "benefits" under
>Bush.
>
>As those voters who voted for Obama age, they will be liberal leaning
>for decades.
>
>******************************************************************
>
>Acquiring wisdom means you see the faults of both. The radicals on either
>end are plain crazy .
>
>As a registered "non partisan" voter, I've had people tell me I'm wrong and
>should make a commitment. Fact is,neither of our two major parties deserve
>my commitment and support. I wish the Libertarians could get their stuff
>together because in principle, I agree with them. Less government is better
>government
>


I voted Libertarian in the last election, although I dislike our party
system and the electoral college system even more. This
irresponsible bailout is going to cost us dearly. Government spends
money foolishly, and they always will.

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 8:18 AM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:a%[email protected]...
>> Ed Huntress wrote:
>>>>>> Noboby has paid down any debt since Ike.
>>>>> Wrong. You're probably reading the right-wing crank-crap that includes
>>>>> future Social Security obligations (in the form of non-negotiable
>>>>> special
>>>>> Treasury bills "bought" by the SS "Trust Fund") as current debt. Wrong,
>>>>> stupid, and wrong again. Even the Bush administration admitted that the
>>>>> national debt had been reduced -- just a bit -- under Clinton.
>>>>>
>>>>> --
>>>>> Ed Huntress
>>>>>
>>>>>
>>>> Debt is debt. When it comes time to pay off the bond holders, it
>>>> matters not who they are, there is no distinction in method when the
>>>> government has to raise the cash.
>>> This is complete horseshit. Tell us, Doug, what is the addition to
>>> taxpayer
>>> obligations represented by, say, $1 billion in special Treasury notes
>>> "bought" by the Social Security "Trust Fund"? In other words, in addition
>>> to
>>> the statutory obligation, how much additional money do we owe?
>> None, assuming we would tax future generations without the "trust fund"
>> obligation.
>
> And that's the way it's always been; the way it is now; and the way it will
> be, unless and until the entire structure of SS is changed. The "Trust Fund"
> was primarily an accounting convenience, but it really doesn't change
> anything. The obligations are paid when they come due. There is no way,
> under the present structure, that it could be different. What is it that
> people think the Treasury does with that money? That they sit on a stack of
> dollar bills? That they invest it in GM stock? <g>
>
>>> Say we "borrow" from the Trust Fund. How much does that add to future
>>> obligations? Hmmm?
>> Exactly the amount we borrowed plus interest.
>
> No. It adds nothing to the future obligation. The obligation itself remains
> the same, because there is no other place to put the money. The bond doesn't
> change anything.
>
> The interest is another accounting issue, in which we take it out of our
> left pocket and put it into the right. There is no stack of dollar bills.
> There is no magical "asset." It is a piece of paper, backed by a promise to
> pay in the future, just like regular Treasury bonds.
>
>>> And if you're going to do that, why don't you add in all the future
>>> statutory obligations for veteran's benefits, federal employees'
>>> pensions,
>>> and Medicare? You ought to be able to add another, oh, maybe $30
>>> trillion,
>>> at least, to the current "debt" figure, depending upon how far forward
>>> you
>>> want to project future debt and treat it as a current obligation.
>> $30 trillion is way low. Unfunded obligations.
>>
>>> Answer those questions accurately, and you'll see what crap they've been
>>> feeding you.
>> Why is it "crap" to worry about future generations and the financial
>> obligations we are passing on to them by borrowing against their future
>> and spending on ourselves?
>
> It's not. But that's not what's happening. SS is paid out of current
> receipts.
>
>> It has been estimated (before this latest spending binge) that the
>> recipients of our largess to ourselves would put them in the 85% total
>> tax bracket. I'm sure they will thank us.
>
> I'll bet the math on that "estimate" is interesting. <g>
>
>>> Here's the funny part of all this: For a couple of decades, the righties
>>> were pushing for a "unified" budget so they could pump up the total tax
>>> figure to upset the ignoranti. Now they want to separate the accounting,
>>> so
>>> they can treat a special Treasury bond as a current deficit item. They
>>> want
>>> it both ways -- as usual.
>> So, you think borrowing from a subsidary and calling the debt in that
>> subsidary as an asset is OK? Ken Ley is vindicated!
>
> Social Security is not a subsidiary. The debt is not counted as an asset.
> But if you're a national treasury, rather than, say, a corporate treasury,
> what are you supposed to do with the cash you receive in exchange for the
> bonds? (Answer below.)
>
>>> You're barking up the wrong tree, Doug. We've been over this on RCM three
>>> or
>>> four times.
>> The only thing the 150 or so "trust funds" accomplish is to hide $3-4
>> hundred billion in annual deficit spending. You said it yourself (in
>> your first paragraph above), someone will have to pay up either way. As
>> far as a "unified budget", it would be nice to know the real numbers on
>> an annual basis.
>>
>> Debt is still debt and when the note holders come a knocking, the
>> options to the debtor are the same.
>>
>> I replied to this thread when you claimed that Clinton had "paid down
>> the debt". The fact is the Federal Government has spent more than it
>> has taken in for the last 50 years or so, and has had to borrow the
>> difference, thus _increasing_ the debt. If you would like to dispute
>> the governments own figures, be my guest.
>
> The "government's own figures" show that we had a surplus for the last
> couple of years of Clinton's administration. Here's the government's own
> figures for the public debt, which traditionally is called the "national
> debt." Look at page 21:
>
> You'll see there were surpluses for FY 1998 through 2001. That's the public
> debt -- what the government owes individuals, corporations, foreign
> governments, and so on. Until 1985 or so, there was no confusion about it.
>
> Now, thanks to Alan Greenspan's accounting shell game that established a
> "Trust Fund" for SS, there is a significantly different figure for "total
> debt." That's what you're quoting. It includes the value of those "Trust
> Fund" bonds, which have NO EFFECT on the future SS obligation (it's
> statutory, and doesn't change because of the shell-game "bonds"). It is
> SOLELY an accounting game to account for intragovernmental obligations and
> surplus SS revenues. There is no money there, only ciphers on an accounting
> page. It is a neat way to account for fictitious money but there is no money
> there -- yet. <g>
>
> Proof of which one is the real figure is the fact that, in those years, the
> Treasury actually paid back and retired some of the external bonds. That's
> what you do with a surplus.
>
> I've been around this circle so many times that I really don't have patience
> for it anymore, Doug, so I'll leave you with a few bits of information that
> will either clear it up for you, or not, depending on whether you want to
> believe in the fictitious "Trust Fund" or not.
>
> There are two ways to look at the "Trust Fund." One is from an accounting
> perspective. It's a good way to keep accounts separate, and to account for
> SS surpluses. That's what it was all about.
>
> But it leaves the impression that there is some store of money somewhere
> which was exchanged for those "bonds." There isn't. The US Treasury is not a
> corporate treasury, or a bank. It has nothing in which it can "invest" that
> money for the long term. It can only keep account of it, and put it into
> general revenues. That's the way it's always been, since the 1930s, when SS
> was established, and it has nothing to do with the "bonds."
>
> If you follow the money, rather than the accounting ciphers, you quickly
> realize that it goes around in a big circle; it comes out of our pockets, as
> payroll taxes, and winds up in general revenues, just like income tax. It
> always has. The "Trust Fund" doesn't change that. And general revenues pay
> for government expenditures. If there's a surplus, some external bonds are
> retired -- just as it always has, from long before there was a "Trust Fund."
>
> In truth, the budget is unified, and always has been. All revenues wind up
> in Treasury. And SS is paid out of current receipts, just like always. If
> the FICA taxes are enough to pay for it, that's where it comes from. If
> there is a shortfall of FICA taxes, it comes out of general revenues. If
> there is a surplus, the surplus goes into general revenues. Just as it
> always has.
>
> Now, you claim that we're borrowing against our children's future. Here's
> what's wrong with that idea. First, there is no store of money to pay for
> their "future." The "Trust Fund" has no way to store that money. And the
> bonds neither increase nor decrease our obligation to our children. The
> obligation is statutory, and future statutory obligations are not "debt."
> They're laws that say we'll pay those obligations in the future out of
> future revenues. Just as we always have.
>
> Second, our children's future SS payments depend NOT on how many bonds are
> in the "Trust Fund," but on whether there is enough money in the Treasury to
> pay for them, in the general fund. Just as it always has.
>
> So the important thing is to make sure there's enough money in Treasury. If
> the "bonds" come due and we're short of money, we'll pay the bonds -- by
> issuing additional, general-obligation bonds. We won't default on the bonds.
> Either that, or the whole country will have tanked first. And if it tanks,
> special Treasury bonds aren't going to help them. Congress can pay the
> bonds, and then withhold SS's authority to pay individuals. That's what
> happens when the whole system is, in truth, a creature of the government.
>
> I hope you get the idea, that the Trust Fund is an accounting device -- a
> legitimate and useful one -- but that it is very misleading in terms of
> where the money comes from and where it goes. You can follow the accounting
> and it has a neat, internal logic. Or you can follow the money, and you see
> that you're chasing a pea under some shells.
>
> One last thing: If there had been a surplus under Bush, you can bet your
> butt that those same people who are claiming now that there was no surplus
> under Clinton would be arguing against accounting for it all by including
> the Trust Fund, and making jokes about "intragovernmental debt," pointing
> out that there's no money there and that it's all an accounting fiction. And
> they'd be right.
>
> I'm always wary of Wikipedia but they do a pretty good job explaining public
> debt and intragovernmental debt -- better than the government sites I've
> visited over the years. The graphs are useful, too:
>
> http://en.wikipedia.org/wiki/United_States_public_debt
>
> Have fun. I'm done. <g>
>
> --
> Ed Huntress
>
>
All of that dodging and weaving doesn't change the fact that the
government spent more than it took in for the last 50 years or so as
witnessed by the Department of Treasury's own accounting of debt:

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm

If the trust funds are only an "accounting mechanism" and SS and others
would be funded anyway, why collect more than is needed for current
obligations? The answer is to mask $3-4 hundred billion of annual
deficit spending so that politicians could claim "balanced budgets" and
"surpluses".

This business of worrying about SS and others when the "trust funds" are
exhausted is pure BS. The problem with all of these programs will occur
as soon as receipts don't cover expenses because the trust funds only
contain IOUs. To collect on those, the trust funds will present them to
the federal government and the federal government will have to get the
money from their only source - taxpayers. So far, this only amounts to
$4 trillion or so, but it is growing fast.

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 6:57 AM


"Han" <[email protected]> wrote in message
news:[email protected]...
> "[email protected]" <[email protected]> wrote in
> news:85ef0c68-ae19-44fa-a94b-287e84958d94@r37g2000yqd.googlegroups.com:
>
>> On Jun 14, 2:00 am, "Hawke" <[email protected]> wrote:
>>
>>> What's irritating is that no matter how many times you show these
>>> numbers
>> to
>>> right wing guys it just doesn't sink in
>>>
>>> Hawke
>>
>> Just to irritate you some more, it still has not sunk in. The problem
>> is while it is easy to come up with those numbers, it is a lot harder
>> to know why. Correlation does not mean cause and effect.
>>
>> An easy way to decrease the cost of healthcare in the US, would be to
>> eliminate all procedures which will only prolong someones life by six
>> months and also eliminate all procedures that do not have a proven
>> success record. If we had done this say thirty years ago, we would
>> not have any heart transplants , artificial heart valves, etc.
>>
>> Dan
>
> Until you have been involved in the decision whether to treat a loved one
> aggressively to prolong life or let go ("let nature take its course"),
> you don't know what you are talking about.

It isn't a question of treatment or not. The question is payment.
There isn't any reason a person shouldn't be able to buy insurance to cover
anything they need.
Their needs, and the needs of their families for emotional placation, are
not the needs of society.

JC


Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 6:58 PM

jo4hn wrote:
> HeyBub wrote:
>> rangerssuck wrote:
>>> Well I think you've hit the nail on the head. The problem here is
>>> that those on the right really don't believe that there is such a
>>> thing as "common good." They believe that the good of individuals
>>> is the only goal. As long as I am doing well, it doesn't really
>>> matter how you are doing - that's your problem.
>>
>> Right. Adam Smith settled this hash in the 18th Century with the
>> publication of "The Wealth of Nations." In that work, he posited the
>> "Invisible Hand" (viz.) concept which, briefly, says that when all
>> act in their own best interests, the community, as a whole, prospers.
>>
>> Conversely, history has demonstrated that when all are compelled to
>> work for the "common good" the community suffers.
>>
>>
> Or to paraphrase Greenspan (The Age of Turbulence), "when all act in
> their own best interests with honesty and transparency..." History
> has also demonstrated that honesty is not the normal situation.

Greenspan was a government toady.

Greenspan was wrong - way wrong. The entire commercial universe is built
upon voluntary contracts, compliance with those contracts, and trust.

GOVERNMENTS must deceive to exist, commercial interests must tell the truth
or die.

Oh, there are times when governments tell the truth and there are instances
of corporations lying. But in general, those are rare.

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 7:09 PM

"rangerssuck" wrote:

===================================
Well I think you've hit the nail on the head. The problem here is that
those on the right really don't believe that there is such a thing as
"common good." They believe that the good of individuals is the only
goal. As long as I am doing well, it doesn't really matter how you are
doing - that's your problem.
=======================================

AKA: The Reagen doctrine.

I got mine, you're on your own.

Lew

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 9:13 PM


> >>> There seems to be a stereotype that "liberals" are the lazy sorts of
> >>> people who interrupt TV viewing only to go to soup lines, or smoke
> >>> harmful substances, whereas "conservatives" are hard working, self
> >>> reliant people who are very well off due to their own perseverance and
> >>> work ethic.
> >>>
> >>> And yet, the few self proclaimed or suspected liberals and Obama
> >>> supporters of this newsgroup, seem to be very well off, accomplished
> >>> people, whereas many conservatives, while intelligent and interesting
> >>> people on many levels, are not exactly above that kind of level of
> >>> attainment.
> >>
> >> Show us your data. IOW, you're talking out your a$$.
> >>
> >>> If that is the case, is that perhaps the time to reconsider our
> >>> stereotypes?
> >>
> >> Perhaps you should reconsider yours.
> >
> >i think what he is saying is that your stereotypes should be the
> >same as his...
>
> Ah, yes. That is the leftist's way.

At least that is what you think the leftist's way is. What people are
forgetting is that there are stereotypes, which do have some truth to them,
and then there is reality. There are concrete things that actually make
someone a liberal or a conservative. They each have their own ways and
beliefs. The problem is when one side makes claims about the other side
which are not true, which is usually the case. In this group, which is
filled with right wingers and republicans denigration of "liberals" are
posted constantly. That's because the "wingers" detest anyone who has views
that are different from theirs (a conservative trait). Proof of this is the
unending stream of criticism and invectives directed at liberals by them.

Take one trait that is common among liberals; tolerance. This same trait is
not shared or highly regarded by conservatives. A trait they like a lot more
is authority or hierarchy. Each group has it's own group of attributes and
they are not shared much by the other group. Both groups have a low opinion
of the other group. But if you want to know the facts about one group or the
other you don't ask the other side because most of what they think is wrong.
Anyone can find the truth about liberals or conservatives if they want but
for most people it's a lot easier to simply call the other group names and
say nasty things about them. On this group, most of the people doing that
are conservatives. That's is not an opinion. It's a fact.

Hawke

TW

Tom Watson

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 7:53 AM

On Mon, 08 Jun 2009 01:58:09 -0500, Tim Daneliuk
<[email protected]> wrote:

>
>Until/unless the Sheeple decide that being free is better than being a
>well kept by the political classes, the republic is doomed ...


I've sent some of your shtick over to Jeff Dunham. Please send him a
photo so he can carve a good likeness.




Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

DW

Doug Winterburn

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 10:40 AM

Ed Huntress wrote:
> "Doug Winterburn" <[email protected]> wrote in message
> news:[email protected]...
>> Ed Huntress wrote:
>>> "Doug Winterburn" <[email protected]> wrote in message
>>> news:[email protected]...
>>>
>>> <snip alleged dodging and weaving>
>>>
>>>> All of that dodging and weaving doesn't change the fact that the
>>>> government spent more than it took in for the last 50 years or so as
>>>> witnessed by the Department of Treasury's own accounting of debt:
>>>>
>>>> http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
>>> Let's try a simpler explanation: Debt includes future bond obligations,
>>> even
>>> intragovernmental bonds. But deficits (or surpluses) are based on current
>>> revenues and expenditures.
>>>
>>> If Treasury sells a bond to SS that comes due in 2020, it's counted as
>>> debt.
>>> But current SS expenditures versus current SS revenues show a surplus.
>>> The
>>> *entire US budget*, taken as a whole for the years 1998 - 2001, showed a
>>> surplus, as you would see if you looked at the government's own website
>>> that
>>> I pointed you to. Thus, Clinton ran a surplus.
>>>
>>> Don't confuse debts with deficits. It's a common mistake, but they aren't
>>> the same thing. You can have a surplus while you're accumulating debt,
>>> but
>>> the "debt," if it's an intragovernmental bond for SS, doesn't really
>>> increase the future obligation. The obligation was already there, by
>>> statute, or we wouldn't be selling that department bonds in the first
>>> place.
>>> SS is not China. <g> When we pay off a SS "bond," we take money out of
>>> one
>>> pocket and put it in another.
>>>
>>> So it's "debt" only to an accountant. It keeps their books neat and
>>> clean.
>>> But it doesn't tell you where the money is coming from or going.
>>>
>>> Again, from 1998 to 2001, our revenues exceeded our expenditures. And we
>>> used the surplus to pay off and retire some public debt, in the form of
>>> conventional Treasury bonds. Clear now?
>>>
>>>> If the trust funds are only an "accounting mechanism" and SS and others
>>>> would be funded anyway, why collect more than is needed for current
>>>> obligations?
>>> You could read the Congressional testimony given by Greenspan and others
>>> around 1985. Their logic was impeccable. The reality was a crock. <g>
>>>
>>>> The answer is to mask $3-4 hundred billion of annual
>>>> deficit spending so that politicians could claim "balanced budgets" and
>>>> "surpluses".
>>> There was no deficit spending in 1998 - 2001. Look again at the website I
>>> pointed you to:
>>>
>>> http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf (see page 21)
>>>
>>> Oh, nuts, I see that I forgot to paste the URL in the last message. I
>>> said
>>> "see page 21," and then didn't say page 21 of *what*. <g> Sorry about
>>> that.
>>> If you go there now, you'll see what the current revenues and
>>> expenditures
>>> were. That shows a surplus. Debt is something else, which we have
>>> discussed.
>>>
>>>> This business of worrying about SS and others when the "trust funds" are
>>>> exhausted is pure BS. The problem with all of these programs will occur
>>>> as soon as receipts don't cover expenses because the trust funds only
>>>> contain IOUs. To collect on those, the trust funds will present them to
>>>> the federal government and the federal government will have to get the
>>>> money from their only source - taxpayers. So far, this only amounts to
>>>> $4 trillion or so, but it is growing fast.
>>> Exactly. But it will be paid out of future revenues. If there are no
>>> future
>>> revenues, the country goes bust, and you can forget SS, anyway.
>>>
>>> But that's absurd.
>>>
>>> You seem to get the fact that the supposed "debt" of SS obligations is
>>> not
>>> debt at all, but future obligations that will be funded from future
>>> revenues. They were exactly the same obligations we had before we started
>>> the "Trust Fund" and counted them as "debt." If that's so, why are you
>>> finding it so hard to realize that we ran a surplus in 1998 - 2001, or
>>> that
>>> the "bonds" are mostly a fiction, in terms of money, rather than
>>> accounting?
>>>
>>> --
>>> Ed Huntress
>>>
>>>
>> I guess it's old math - the meaning of surplus, deficit and their effect
>> on debt. If you have a deficit (expenses exceed revenue), your debt
>> goes up because you had to borrow the difference. If you have a surplus
>> (income exceeds expenses), your debt goes down because you use the
>> difference to pay some/all of your debt. At least that's the way it
>> works in my house.
>
> Equating a household's finances with the finances of our federal government
> is the source of a great deal of confusion. In our case, most of the
> confusion is the result of having intragovernmental accounts, which don't
> work like a household at all. SS is a pay-as-you-go program, as it always
> has been, but we've larded it with this bit of accounting since the
> mid-'80s, in which we issue special bonds in exchange for surplus SS
> revenue. Meanwhile, we're taking in the revenue, which is counted as current
> revenue, and we're making SS payments, which is counted as current expenses.
> The fact that we might have to pay a shortfall out of future general
> revenues will look good on paper -- we'll be retiring some of those SS bonds
> when we do it -- but it isn't going to change the fact that we have to pay
> them out of current revenues. Both ways, the "bonds" create a fictional idea
> of what is happening, because, again, there is no way to store those
> surpluses.

Sure there is - invest in non government instruments. But that would
mean the dreaded privatization word would enter the picture.

>
> The two problems with that are, first, that the bonds don't represent any
> additional debt. The future obligations are the result of a statutory
> program. The bonds help clean up the accounting. But there is no more or
> less "debt" owed for future SS obligations than there was before we used the
> bond gizmo to account for it. In that sense, there is no parallel to a
> household. We don't replace statutory obligations with I.O.U.s at home. If
> we tried it with our taxes, for example, we could find that the government
> takes a very dim view of it. <g>
>
> The second problem is that, from an accounting point of view, this has the
> unfortunate effect of adding the value of the "bonds" to our total debt --
> even though our system works entirely on currect accounts, and there is no
> real way to offset the debt represented by those bonds. This is totally
> unlike a household, where you could put the cash in a savings account or
> invest it in something. So the debt goes up, even when nothing really
> changed, either in terms of current revenues and expenses, nor in our future
> obligations.
>
> If you keep all the pieces in mind, the use of bonds in a "Trust Fund" is a
> useful accounting device and helps keep track of where SS stands. But when
> you're looking at the "national debt," and use total debt as the value for
> it, it just keeps adding something that isn't really there.
>
> In accounting terms, it will come out in the wash when we retire the
> bonds -- if we ever do. But that may be decades away. Meantime, they screw
> up the impression many people have of what is happening. Many think the cash
> is going into a pot somewhere. When you ask them what the Treasury is
> supposed to do with that revenue, most of them give you a blank stare. <g>

The question shouldn't be what the Treasury shhould do with the excess
revenue - it should be what the SS administration should do with them.
>
>> In the governments case, it doesn't really matter who they owe money to
>> - China or the SS trust fund or a savings bond holder. When a bond
>> holder redeems a bond, the taxpayer is the source of the money.
>
> Right. But when you hold the bond, as the federal government does, and
> you're the payer of the bond, as the federal government is...it gets a
> little strange. Internal accounting is a useful thing. Just don't mix it up
> with money we owe to someone else.

It may well be converted to money we owe someone else. The Treasury may
have to issue public bonds to raise the cash to pay the SS
administration. Kind of like paying off your Mastercard with your VISA
card.
>
> --
> Ed Huntress
>
>

ST

Steve Turner

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 6:36 PM

Hawke wrote:
> "Steve Turner" <[email protected]> wrote in message
>
> That's only because you're a right winger. You guys always dislike the
> truth. Especially when it's said about you. I'm sure we could confirm that
> by asking your wives or girlfriends.
>
> Hawke

Bullshit.

--
If it ain't perfect, improve it...
But don't break it while you're fixin' it!
To reply, eat the taco.
http://www.flickr.com/photos/bbqboyee/

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

15/06/2009 2:15 PM

jo4hn wrote:
> HeyBub wrote:
>> rangerssuck wrote:
>>> Well I think you've hit the nail on the head. The problem here is that
>>> those on the right really don't believe that there is such a thing as
>>> "common good." They believe that the good of individuals is the only
>>> goal. As long as I am doing well, it doesn't really matter how you are
>>> doing - that's your problem.
>>
>> Right. Adam Smith settled this hash in the 18th Century with the
>> publication of "The Wealth of Nations." In that work, he posited the
>> "Invisible Hand" (viz.) concept which, briefly, says that when all act
>> in their own best interests, the community, as a whole, prospers.
>>
>> Conversely, history has demonstrated that when all are compelled to
>> work for the "common good" the community suffers.
>>
> Or to paraphrase Greenspan (The Age of Turbulence), "when all act in
> their own best interests with honesty and transparency..." History has
> also demonstrated that honesty is not the normal situation.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I'm not sure that's really true. For example, most individuals I know
of every flavor, political persuasion, ethnicity, etc. are
fundamentally pretty honest folks. It follows that when acting in
larger groups, they will similarly be (mostly) honest.

I think something rather different is afoot here. Government (at least
in the U.S.) was chartered to protect liberty. It was given the power
to act in matters of force, fraud, and/or threat because these three
areas are the ways that people steal each others freedoms. Now, for
some almost 100 years, the U.S. government has been off busy doing all
manner of other things: trying to run education, trying to run
healthcare, trying to make business 'fair', sticking its nose into the
private business of its citizens' bedrooms, boardrooms, and family
rooms, meddling in the affairs of other nations around the world, and
so forth.

I would suggest that our government is so busy doing things is is NOT
supposed to do, it has insufficient resources focused on what it *is*
supposed to do. So, when those few people that are dishonest are
lying, cheating, and stealing, they get away with more often than they
should. Here's a real good example from current times: Today's
Congress Critters and the various bilious blowhards in the
Administration will tell you that the centerpiece of our current
economic woe lies with the Eeeeeeeeeevil Bankers (tm). But they're
kidding themselves and you/me. The politicians are so bent on trying
to meddle with market forces that they are *not* focusing on a number
of other clear contributors to the problem, some of which were/are
flat out fraud:


1) The government's own contribution to the problem in the form
of CRA and its ilk undermining yet more government run
nonsense - Fanny/Freddie. At the very least this was terrible
judgment, and in the case of some people like Barney Frank it
borders on outright fraud.

2) The individual borrowers that flat out lied about their incomes
to get interest only mortgages as they speculated in a (they thought)
always rising market.

3) The unequivocal fraud precipitated by some hedge funds when they
traded "naked" short options - something that has been illegal
(for very good reasons) for decades.

In each of these (and many other citeable cases), the government has
been so busy do-gooding and fiddling in ways it was never chartered to
in the first place, that these kinds of abuses and/or fraud
go untouched. Despite what the tax-the-rich schemers think, there
are a finite resources available to fund government. I'd much
prefer those were directed at going after the few scammers than
trying to interdict in virtually every other aspect of business
and personal life (and this goes in about equal amounts for the
conservatives and the libs).

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

07/06/2009 9:15 PM

J. Clarke wrote:
>>
>> Get a job?
>
> So what kind of job does someone in his eighties who has been retired
> for twenty years get?

* Medical experimentation?
* Not much skill required to panhandle.
* Here's one that's a hoot. I read about a guy who picked up a large trash
bag full of crap from a retail store's parking lot. Took about an hour. He
then took the bag to the manager and offered to sell him the bag of trash
for $20. If the manager was not inclined to go for the deal, the man said
he'd be glad to put the trash back where he found it.


Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

10/06/2009 8:49 AM

Stuart Wheaton wrote:
>
>> Our incompetent President
>
> Hmmm.... Today the Dow is 600 points above where it was on the last
> day of Bush.... And 200 points above where it was right after the
> election...

And 4,000 points below its high during the Bush years.

>
> Gee, most of us are enjoying a tax cut, but if you are getting more
> than 250K /yr and can't shield it, I feel no pity.... Or is this a
> "Joe the plumber" thing where you have no clue about income vs
> taxable income?

Right. I saw one investor who managed to save $13,000 in taxes per DAY by
the simple expedient of moving from New York to Florida.
http://www.buffalonews.com/cityregion/story/672153.html?imw=Y

>
> So, Bush's silly little war and Reagan's deficits are OK for you, but
> buying better highways is the road to ruin?

Yes. We already pay a highway tax - and right now the highway tax has a huge
surplus. Blame the politicians for dipping into the highway kitty to provide
psychological counseling for troubled pets.

>
> What about the massive bill about to come due for Social Security? Are
> you going to show me where you advocated paying higher taxes during
> the Bush years so we could start to get ahead of the SS juggernaut?

I can't; it didn't come up. You may recall that the first item on Bush's
political agenda back in 2001 was reform of SS. Reform failed.

>
> Not better, but with somewhat less carnage. Recall, it was the market
> that got us here, and then screamed for mommy when their lousy
> decisions put the whole economy in peril.
>
> How do you feel about "too big to fail?"

Personally? The bigger they are, the harder they fall, but fall they must.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 9:39 AM

HeyBub wrote:
> [email protected] wrote:
>> The real problem with most peoples politics(in my opinion), is that
>> most people are uninformed politically. They base their assumptions &
>> political viewpoints on whatever the media monster feeds them!
>
> Exactly.
>
> That's why laws need to be written by experts (i.e., special interests,
> lobbyists, etc.). Or at least these groups should get the right of last
> refusal.
>
> Do you think the average politician - let alone even an informed voter -
> could know all the ramifications of increasing the federal tariff by
> fifty-cents per hundredweight on the railroad transportation of
> partially-hydrogenated yak-fat across state lines?
>
>

Mmmmmmmm, Yak ... tastes like chicken.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 4:13 PM



> You pay me what they paid the ad people at Cato, and I'll come up with
> 2,500. Deal?
>
> As for Nobel Prize winners, ask Stiglitz or Krugman. <g>
>
> >So back to you d8-).
>
> I'm not wasting any more time with this, Dan. You're not making an effort
to
> find the full story, and digging up facts to satisfy your curiosity is not
> on my schedule this week.


You're not going to get anywhere with him, Ed, because he wants to believe
what the non interventionists are selling. The myth of the free market is
incredibly strong in the U.S., it has legions of advocates and many ignorant
people can't help but believe it when they are told by authoritative
sounding groups and people that letting the market solve all problems works
just peachy keen.

I'm reading a book called Bad Samaritans, the myth of the free market, by
Ha-June Chang right now. He's a Cambridge educated Korean whose mentor is
Joe Stiglitz. In his book he lays out the real history of free market
capitalism and as you would expect it's not what the right wing is selling.
For example, the two most protectionist countries ever were guess who? The
U.S. and Great Britain. Of course that was when they were protecting "infant
industries" (Alex Hamilton) so they could build their own industries. But
you will never get the true believing right wingers to believe anything that
doesn't come from the radio media, or groups like Heritage, Cato, AEI, and
the like. Wise of you to quit wasting your breath when you did.

Hawke

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 1:23 AM


"Hawke" wrote:

> What's irritating is that no matter how many times you show these
> numbers to
> right wing guys it just doesn't sink in.

It really doesn't matter what they think or say, they don't have the
votes to stop health care reform this year.

Lew

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 1:06 PM


> >> That's nice. So where do new meds come from if the pharmaceutical
> >> industry is run as a non-profit?
> >
> >
> > The federal government pays for between 50 and 70% of all research and
> > development costs in the pharma industry.
>
> I'd like to see a source for that number. Strange that the Feds will pay
> all that money but not demand that they retain rights to the product
> developed--the Feds don't usually work that way.

That figure comes from the book "Bad Samaritans" written by Ha-June Chang
the economist and protege of Nobel Prize winning economist Joe Steglitz.

> > So there's your answer. It's
> > paying for most of the research for new drugs right now and that will
> > continue in the foreseeable future. So there you go. By the way, at
> > least half of the money spent by pharma goes to advertising not R&D.
>
> So what?

So when they cry about how much they are spending having to do research so
they can bring new drugs to the market it's nice to know they are spending
just as much on their advertising. So obviously the R&D costs aren't killing
them like they want you to think. And don't you think that the drug
companies should be spending a lot more on finding new cures for medical
problems than simply on hawking them? Personally, I'd like to see them quit
advertising altogether and spend all their money of research and
development.

Hawke

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 3:07 PM

Larry W wrote:
> Someone said:
>> The current government is full of fools and charlatans and is led by
>> by a dangerous malignancy. There are precious few patriots and thinkers
>> in the current government.
>
> That would be true whether you're talking about democrats, republicans,
> or both.
>
>
>
>

Agreed. But today this dearth is coupled with the worst executive officer
ever seen in our government. The combination is deadly.

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 5:40 PM

Curious Man wrote:
> There seems to be a stereotype that "liberals" are the lazy sorts of
> people who interrupt TV viewing only to go to soup lines, or smoke
> harmful substances, whereas "conservatives" are hard working, self
> reliant people who are very well off due to their own perseverance and
> work ethic.
>
> And yet, the few self proclaimed or suspected liberals and Obama
> supporters of this newsgroup, seem to be very well off, accomplished
> people, whereas many conservatives, while intelligent and interesting
> people on many levels, are not exactly above that kind of level of
> attainment.
>
> If that is the case, is that perhaps the time to reconsider our
> stereotypes?
>
> Curious Man

Liberals tend to provide for the common welfare through the treasury;
Conservative tend to promote the general welfare through the economy.

Your observations have some merit. But the people who post here, who
genuinely want to help others, yet express "liberal" tendencies, are merely
proto-conservatives. As they age and accumulate wisdom, they'll change.

TW

Tom Watson

in reply to "HeyBub" on 05/06/2009 5:40 PM

08/06/2009 10:44 PM

On Mon, 08 Jun 2009 19:19:24 -0700, evodawg <[email protected]>
wrote:

>Hmmm, seemed to have struck a nerve. You may want to get back to me in 3
>years and see if we can still have that discussion. Or will we still be the
>same nation, It's my opinion, (although I doubt you care if I have one) it
>will look very much different then today!


The study of history is the great remedy for palpitations of this
sort.

You might want to look at the brevity of the Attic Republic and the
even more brief history of the Roman. The French, for brevity, is the
soul of wit.

Why have we been so successful?


You might further look into the linguistic concept of tense.



Regards,

Tom Watson
http://home.comcast.net/~tjwatson1/

ee

evodawg

in reply to "HeyBub" on 05/06/2009 5:40 PM

08/06/2009 8:04 PM

Tom Watson wrote:

> On Mon, 08 Jun 2009 19:19:24 -0700, evodawg <[email protected]>
> wrote:
>
>>Hmmm, seemed to have struck a nerve. You may want to get back to me in 3
>>years and see if we can still have that discussion. Or will we still be
>>the same nation, It's my opinion, (although I doubt you care if I have
>>one) it will look very much different then today!
>
>
> The study of history is the great remedy for palpitations of this
> sort.
>
> You might want to look at the brevity of the Attic Republic and the
> even more brief history of the Roman. The French, for brevity, is the
> soul of wit.

Roman, as in the Roman Empire. What would be considered brief? Roman Empire
was very successful. One of my most favorite times of history, Ancient
European History. Never understood the French and all their Revolutions.
Although I do know our Constitution was fashioned from the French
Constitution. Maybe that's why Ben Franklin spent so much time over there
or could it have been the women!
>
> Why have we been so successful?

Rule of Law and it's people. What's your answer?

>
>
> You might further look into the linguistic concept of tense.
>
Ok I'll look into it.

--
"You can lead them to LINUX
but you can't make them THINK"
Running Mandriva release 2008.0 free-i586 using KDE on i586
Website Address http://rentmyhusband.biz/

LH

"Lew Hodgett"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 6:27 PM

"Joseph Gwinn" wrote:

> The basic storyline was originally from or at least attributed to
> George
> Bernard Shaw, reportedly from a real encounter with a woman sitting
> next
> to him at a dinner party:

There is also a version that attributes the story to Disreali and the
Queen.

Lew


SP

Spehro Pefhany

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 10:48 AM

On Thu, 11 Jun 2009 09:39:00 -0500, Tim Daneliuk
<[email protected]> wrote:

>HeyBub wrote:
>> [email protected] wrote:
>>> The real problem with most peoples politics(in my opinion), is that
>>> most people are uninformed politically. They base their assumptions &
>>> political viewpoints on whatever the media monster feeds them!
>>
>> Exactly.
>>
>> That's why laws need to be written by experts (i.e., special interests,
>> lobbyists, etc.). Or at least these groups should get the right of last
>> refusal.
>>
>> Do you think the average politician - let alone even an informed voter -
>> could know all the ramifications of increasing the federal tariff by
>> fifty-cents per hundredweight on the railroad transportation of
>> partially-hydrogenated yak-fat across state lines?
>>
>>
>
>Mmmmmmmm, Yak ... tastes like chicken.

Ah, you've *obviously* never had yak meat. ;-)

Dark color, tastes a lot like beef. Excellent in a stew.

GA

Gunner Asch

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 12:54 PM

On Mon, 08 Jun 2009 01:34:24 -0500, Tim Daneliuk <[email protected]>
wrote:

>Hawke wrote:
>>>>>> There seems to be a stereotype that "liberals" are the lazy sorts of
>>>>>> people who interrupt TV viewing only to go to soup lines, or smoke
>>>>>> harmful substances, whereas "conservatives" are hard working, self
>>>>>> reliant people who are very well off due to their own perseverance and
>>>>>> work ethic.
>>>>>>
>>>>>> And yet, the few self proclaimed or suspected liberals and Obama
>>>>>> supporters of this newsgroup, seem to be very well off, accomplished
>>>>>> people, whereas many conservatives, while intelligent and interesting
>>>>>> people on many levels, are not exactly above that kind of level of
>>>>>> attainment.
>>>>> Show us your data. IOW, you're talking out your a$$.
>>>>>
>>>>>> If that is the case, is that perhaps the time to reconsider our
>>>>>> stereotypes?
>>>>> Perhaps you should reconsider yours.
>>>> i think what he is saying is that your stereotypes should be the
>>>> same as his...
>>> Ah, yes. That is the leftist's way.
>>
>> At least that is what you think the leftist's way is. What people are
>> forgetting is that there are stereotypes, which do have some truth to them,
>> and then there is reality. There are concrete things that actually make
>> someone a liberal or a conservative. They each have their own ways and
>> beliefs. The problem is when one side makes claims about the other side
>> which are not true, which is usually the case. In this group, which is
>> filled with right wingers and republicans denigration of "liberals" are
>> posted constantly. That's because the "wingers" detest anyone who has views
>> that are different from theirs (a conservative trait). Proof of this is the
>> unending stream of criticism and invectives directed at liberals by them.
>>
>> Take one trait that is common among liberals; tolerance. This same trait is
>> not shared or highly regarded by conservatives. A trait they like a lot more
>
>Yes conservatives are guilty of often clinging to rules for their own
>sake, even when they don't make sense. Liberals - as the term is
>currently constituted - tolerate almost everything including evil,
>stupidity, lack of judgment, lack of personal accountability, and lack
>of moral courage. As a group, today's liberals live in a world driven
>by their ambitions not by any recognizable reality. They are always
>astonished when their fairyland ideas fail spectacularly. The liberals
>are either the authors of accelerators of almost every single failed
>policy in the West but have become masters of blaming everyone else
>for their own misdeeds - not unlike their voting base does on a
>day-to-day basis.
>
>The one thing that liberals *cannot* seem to tolerate is anyone with
>whom they disagree. As William F. Buckley aptly noted:
>
> “Liberals do a great deal of talking about hearing other points of
> view, but it sometimes shocks them to learn that there are other
> points of view.”
>
>The only thing breathing any life into liberal ideology today is the
>intellectual, moral, and ideological bankruptcy among conservatives
>who - as a political movement at least - have traded electability for
>principle.
>
>Vote libertarian ...

"[L]iberals are afraid to state what they truly believe in, for to do so
would result in even less votes than they currently receive. Their
methodology is to lie about their real agenda in the hopes of regaining
power, at which point they will do whatever they damn well please.
The problem is they have concealed and obfuscated for so long that, as a
group, they themselves are no longer sure of their goals.

They are a collection of wild-eyed splinter groups, all holding a
grab-bag of dreams and wishes. Some want a Socialist, secular-humanist
state, others the repeal of the Second Amendment. Some want same
sex/different species marriage, others want voting rights for trees,
fish, coal and bugs. Some want cradle to grave care and complete
subservience to the government nanny state, others want a culture that
walks in lockstep and speaks only with intonations of political
correctness.

I view the American liberals in much the same way I view the competing
factions of Islamic fundamentalists. The latter hate each other to the
core, and only join forces to attack the US or Israel. The former hate
themselves to the core, and only join forces to attack George Bush and
conservatives." --Ron Marr


"Lenin called them "useful idiots," those people living in
liberal democracies who by giving moral and material support
to a totalitarian ideology in effect were braiding the rope that
would hang them. Why people who enjoyed freedom and prosperity worked
passionately to destroy both is a fascinating question, one still with
us
today. Now the useful idiots can be found in the chorus of appeasement,
reflexive anti-Americanism, and sentimental idealism trying to inhibit
the necessary responses to another freedom-hating ideology, radical
Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal
State Fresno


"Aren't cats Libertarian? They just want to be left alone.
I think our dog is a Democrat, as he is always looking for a handout"
Unknown Usnet Poster

Heh, heh, I'm pretty sure my dog is a liberal - he has no balls.
Keyton

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 11:27 PM


"John R. Carroll" <jcarroll@ubu,machiningsolution.com> wrote in message
news:[email protected]...
>
> "J. Clarke" <[email protected]> wrote in message
> news:[email protected]...
>> Lew Hodgett wrote:
>>> "John R. Carroll" wrote:
>>>
>>>> It's also worth remembering that people did't last much beyond 65 YO
>>>> in the thirties, large numbers even less.
>>>
>>> Which just points out how remarkable my grandfather was.
>>>
>>> Born in 1848, he made it to 83.
>>
>> Once again the myth of "life expectancy" rears its ugly head. It's an
>> average--those who made it to adulthood lived about the same amount of
>> time
>> as people today, but fewer of them made it to adulthood.
>
>
> The life expecrancy "at birth" in 1930 of all sexes and races combined in
> the US was 59.7 years.
> It was 77.8 in 2005.
> People are living much longer today as a rule. That and changes in age
> weighted distribution of he population are the cause of forecast
> shortfalls in the SS fund.
>
> http://www.infoplease.com/ipa/A0005148.html
>
>
> JC
>

Life expectancy is longer. But the length of time an adult person lives has
not changed much. The Life expectancy is longer because of better living
through chemistry. My mother, who is 94 was a practicing RN until 91 years
old. She said other than sulfa drugs, there were not antibiotics until
penicillin. Single biggest enhancer of life expectancy. Not the max time
you live, but the likelihood you will make it to a natural death. We are
held up as bad with our health system because we have a lower life
expectancy than most of Europe and Canada. We also have a huge immigrant
population that was not real healthy when they got here. And may not avail
themselves of the modern medical wonders.

BB

"Buerste"

in reply to Curious Man on 04/06/2009 10:12 PM

06/06/2009 9:42 PM


"Hawke" <[email protected]> wrote in message
news:[email protected]...
>
>
>> >Take one trait that is common among liberals; tolerance. This same trait
> is
>> >not shared or highly regarded by conservatives. A trait they like a lot
> more
>>
>> I must call bullshit on that one.
>> I find tolerance to be about equally practiced by liberals and
>> conservatives, though you may find it preached more frequently by
>> (political) liberals.
>>
>> It is a trait I rarely see displayed by pundits of either side.
>
>
> The point is this, is the word tolerant one that is frequently used when
> describing a conservative? There is just no denying the fact that
> tolerance
> of other views, ideas, or lifestyles is not something that is commonly
> associated with conservatives. You can deny that all you want but liberals
> are always more associated with being tolerant than conservatives are.
> That's just a fact.
>
> Hawke
>
>

I think that in what you have said that a neutral person could reverse the
words "Conservative" and "Liberal" and it would ring true either way.

I believe your opinions of conservatives are based on a collage of the worst
traits of the far fringe right, as is true with some opinions of liberals by
some of the conservatives.

In reality, I think most people are somewhere closer to the center. In some
views, I have more liberal opinions than you and most liberals and you
probably have the reverse.

TD

Tim Daneliuk

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 11:57 PM

William Wixon wrote:
> "Han" <[email protected]> wrote in message
> news:[email protected]...
>
>> That is a refreshing point of view, and I would love to 100% support it.
>> However, hospitals and doctors need to be profitable, at least to the
>> extent they aren't losing money. To find the right balance between
>> reasonably profitable and not losing money is the problem, both from the
>> doctors' point of view and the patients'.
>>
>>
>> --
>> Best regards
>> Han
>
> i'm not an expert. i'm wondering why do hospitals need to be profitable?
> just had a thought, when the government builds a road i don't think there's
> any expectation it's going to turn a profit, it surely profits us all, and
> it enables businesses to profit, but (non-toll, and probably a good many
> toll) roads, i don't think, earn a profit. infrastructure. can't the
> health of citizens, by some stretch of the imagination, be considered
> "infrastructure"? or toward some common good?
>
> b.w.
>
>

I do not wish our hospitals to be run at the same levels as the DMV or
the Highway Department...

--
----------------------------------------------------------------------------
Tim Daneliuk [email protected]
PGP Key: http://www.tundraware.com/PGP/

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

08/06/2009 3:52 PM

Too_Many_Tools wrote:
> LOL...another winger who would like to live The Great Bush Depression.
>
> What's the matter? Disappointed that Obama hasn't fixed in a 100 days
> what Bush screwed up in EIGHT years?

Bush Depression? That's not true.

During the Bush years we had 22 consecutive quarters of economic growth. Low
unemployment, high productivity, and negligible inflation. All this in spite
of Katrina, two wars, and a couple of bursting bubbles.

Then the Democrats took over Congress.

It took them less than 18 months to fuck it all up.

Here's one chart I could find regarding recent GDP growth by quarter:
http://www.economicshelp.org/blog/economics/us-economic-growth-statistics/

Notice the rough average for the Bush years shown is about 2.25%. Since the
3rd quarter of 2007, the growth of GDP has plummeted and is now about -4%
and unemployment is 9.8%.

And if you can blame Bush for what happened during the last 100 days of his
administration, then you've got no complaint when criticism is leveled at
the first 100 days of Obama's.

CB

"Calif Bill"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 8:04 PM


"Ed Huntress" <[email protected]> wrote in message
news:[email protected]...
>
> "Calif Bill" <[email protected]> wrote in message
> news:[email protected]...
>>
>> "Ed Huntress" <[email protected]> wrote in message
>> news:[email protected]...
>>>
>>> "Calif Bill" <[email protected]> wrote in message
>>> news:[email protected]...
>>>>
>>>> "Ed Huntress" <[email protected]> wrote in message
>>>> news:[email protected]...
>>>>>> But lots of real economists think that the deficit spending and jobs
>>>>>>programs were not effective in ending the Depression.
>>>>>
>>>>> Well, you've got 250 out of 15,000 so far. Keep at it. d8-)
>>>>>
>>>>> --
>>>>> Ed Huntress
>>>>>
>>>>
>>>>
>>>> Easy to see that the deficit spending and WPA was not helping end the
>>>> depression. The War ended the depression.
>>>
>>> The war was the biggest deficit spending, make-work program in history.
>>> Thus, a common view among many economists today is that FDR's programs
>>> were too small. They fear that Obama's programs are too small, now.
>>>
>>
>> Was only 6% of GDP deficit spending. Way less than the present deficit
>> spending.
>
> It ran over 20% of GDP through most of the war, reaching something around
> 28% at the peak. The high-end estimate for FY 2009 is 12.3% of GDP.
>
> Your figures are 'way off, Bill, and so is the rest of your conclusion
> about the economic effects of war. Try again.
>
> --
> Ed Huntress
>

I was off on the percent, not the conclusions.

Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

16/06/2009 12:35 AM


"Tim Daneliuk" <[email protected]> wrote in message
news:[email protected]...
> Lew Hodgett wrote:
> > "rangerssuck" wrote:
> >
> > ===================================
> > Well I think you've hit the nail on the head. The problem here is that
> > those on the right really don't believe that there is such a thing as
> > "common good." They believe that the good of individuals is the only
> > goal. As long as I am doing well, it doesn't really matter how you are
> > doing - that's your problem.
> > =======================================
> >
> > AKA: The Reagen doctrine.
> >
> > I got mine, you're on your own.
> >
> > Lew
> >
> >
>
> No, the doctrine is called 'individual liberty'.
>
> Outside some very narrow areas like the so-called "commons" (air,
> water, risk of pandemic disease ...) there is no such thing as the
> "common good". The "common good" is a pernicious notion invented by
> people seeking power so that you'll follow them. They appeal to the
> "but its good for everyone" argument, neglecting the fact that such
> schemes inevitably require people to give up some or all of their
> liberty. Such schemes benefit some to the detriment of others.
> Such schemes place the few in charge of the many. Such schemes
> are essentially totalitarian, dishonest, at least dangerous,
> and at worst murderous. Such schemes cripple political, religious,
> intellectual, and economic freedom.
>
> I struggle sometimes to know what's good for me. I am pretty sure I
> don't know what's good for you and I am *certain* that I do not know
> what's good for other larger groups of people, the "common good". So
> long as people do not steal, use force, or threaten each other, it is
> simply no one else's business how they live their lives (as adults).
>
> "The Common Good" in many forms has been the basic argument put forth
> by every thug, gang, tin pot dictator, genocidal maniac, and human
> rights violater throughout history. The argument took on many forms:
>
> - Do it for the good of the tribe
> - Do if for in the name of God
> - Do it for the good of your Sovereign
> - Do if for the good of your nation/community/race/ethnicity/cause
>
> Every single one of these Common Good arguments always boils down to,
> "You the many shall be forced to do what we the few dictate." The last
> 100 years alone is littered with the results of people forcing the
> "Common Good" down their neighbors' throats. Here's just a few
> memories from the Common Good Hit Parade
>
> - The Bolshevik Revolution
> - 1930s starvation of the Ukrainians by the Russians
> - The attack of Nanking by Japan
> - 1935 and following in Germany, Japan, and Italy
> - Viet Nam, Cambodia, Laos
> - The Chinese Maoist era
> - The Castro Era
> - Muslim-on-Muslim violence in the Middle East
> - Congo, Somalia, Mauretania, South Africa, and Darfur
> - Hussein's Iraq
>
> *Every one of these* were genocidal nightmares (Hitler, Stalin,
> and Tojo alone top something staggering like 100M dead at their
> hands. Pol Pot was good for 1.7M. The Tutsi-Huttus another 1+M.
> The Muslims of the Middle East, some 3+ M.). *Every one of these*
> argued that they were working for the "common good" of their
> people/nation/tribe/religion ...
>
> You can keep your common good and the attendant villagers with
> torches. I want my freedom ...



Take your pick. You can have your freedom or you can be an American but you
can't have both. Because if you're going to be an American you have given up
some of your freedom to be a part of something bigger and more important
than just your own selfish interests. Being part of a country and "a people"
means that the society and the "people" are more important than the
individuals. Otherwise why would anyone sacrifice anything for something
like "country" when you are all that matters? If you choose to be a part of
society and part of a nation you make the choice to give up some of your
personal freedom it's the social contract. If you don't like the terms then
get out and find some place else where you live on your own and are not a
part of a larger entity. But if you are a conservative you want to have
everything you want for yourself without giving anything up to the whole. In
other words the honor system won't work with people like you.

Hawke

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

11/06/2009 7:31 AM

Too_Many_Tools wrote:
>
> So you are saying that any country is welcome to invade any other
> country when it feels like it.

No, of course not. I said the UNITED STATES is free to invade any other
country when it feels it has sufficient reason.

>
> So I guess you favor Iran and North Korea making and using nukes.

No, of course not.

>
> As for the "volunteers", how many would have volunteered if they had
> known that they were being lied to by Bush/Cheney?

Virtually all. Every soldier, sailor, airman, and Marine now serving either
enlisted or re-enlisted at least once since 2001.

>
> And...no you do not feel their pain.

Never said I did. That's Bill Clinton's line.

>
> No parent wants their children to die for nothing.

Agreed. I'd go farther and say no parent wants their child to die, period.

But should we deny those who want to risk death the opportunity to kill
people and blow things up? They are our warrior class - that's what warriors
do.


Hd

"Hawke"

in reply to Curious Man on 04/06/2009 10:12 PM

19/06/2009 3:29 PM


<[email protected]> wrote in message
news:44300e3f-6108-4618-9db7-f7236cd0c312@k38g2000yqh.googlegroups.com...
On Jun 16, 10:18 pm, "Hawke" <[email protected]> wrote:



> You don't get to do everything you want when you live in a place with
> thousands of others in a square mile, which is how most Americans live.

Can't say I blame you for
> that but this is the time and place you exist in so I'd say learn to like
> it. You'll be a lot happier.
>
> Hawke

Part of the reason I live in a place where there are not thousands of
others in a square mile. I decided not to learn to like living with
thousands of people in a square mile. So I took advantage of the
right to pursue happiness, and I am a lot happier for it.

Dan


Me too. But the facts remain the same. Most Americans live in an urban or
suburban setting. By doing so they have to give up some of their freedoms
just to coexist with so many others. And they willingly do so. So I guess
they think the reduction of some rights for the benefits of living in cities
is worth it. That however, is a matter of personal choice, and one that I
chose not to make.

Hawke

cc

cavelamb

in reply to Curious Man on 04/06/2009 10:12 PM

04/06/2009 6:32 PM

krw wrote:
> On Thu, 4 Jun 2009 22:12:43 +0000 (UTC), Curious Man
> <[email protected]> wrote:
>
>> There seems to be a stereotype that "liberals" are the lazy sorts of
>> people who interrupt TV viewing only to go to soup lines, or smoke
>> harmful substances, whereas "conservatives" are hard working, self
>> reliant people who are very well off due to their own perseverance and
>> work ethic.
>>
>> And yet, the few self proclaimed or suspected liberals and Obama
>> supporters of this newsgroup, seem to be very well off, accomplished
>> people, whereas many conservatives, while intelligent and interesting
>> people on many levels, are not exactly above that kind of level of
>> attainment.
>
> Show us your data. IOW, you're talking out your a$$.
>
>> If that is the case, is that perhaps the time to reconsider our
>> stereotypes?
>
> Perhaps you should reconsider yours.

i think what he is saying is that your stereotypes should be the
same as his...

MJ

Mark & Juanita

in reply to Curious Man on 04/06/2009 10:12 PM

20/06/2009 6:18 PM

Tim Daneliuk wrote:

> Hawke wrote:
>> Since he's an economist and has written a book and mentions this
>> specifically I think his statistics are probably accurate.
>
> This statement would be achingly funny if it weren't so achingly sad...
>
> Google "Dismal Science"...
>

Back before "Scientific American" became "Politically Correct American",
there was a tremendously good column on what the author called "math
abuse". Algore's Hockey Stick chart would be a classic example.



--
If you're going to be dumb, you better be tough

MA

"Michael A. Terrell"

in reply to Curious Man on 04/06/2009 10:12 PM

24/06/2009 1:04 AM


"[email protected]" wrote:
>
> On Jun 22, 10:23 pm, "Hawke" <[email protected]> wrote:
>
> >
> > We have three good choices for quality health care, four actually. Being
> > French or Canadian, being filthy rich, or being a member of congress. God
> > Damn it!, I don't qualify for any of them. Wouldn't you know it. Being a
> > member of the unwashed masses sucks.
> >
> > Hawke
>
> I think it ought to be a requirement that members of Congress have to
> use only whatever government health plan they come up with.


If they were forced to use the limited VA health care system, some
would never finish their time in office because the treatment or
procedure they need would be denied.


--
You can't have a sense of humor, if you have no sense!

JR

"John R. Carroll"

in reply to Curious Man on 04/06/2009 10:12 PM

12/06/2009 6:08 PM


<[email protected]> wrote in message
news:d5266ddc-c0d0-4edb-bb27-848ffa300167@g19g2000yql.googlegroups.com...
On Jun 12, 10:40 pm, "Ed Huntress" <[email protected]> wrote:
>
> I mentioned that the separate accounting for SS is helpful to tell where
> it
> stands, and from the data it's clear that the funds designated for SS
> (FICA
> payroll taxes) are more than enough to pay for SS through 2017:
>
> http://fpc.state.gov/documents/organization/51264.pdf (page 17 of the PDF,
> or "CRS-6" of the document)
>
> So Social Security isn't adding to the deficit.
>

> Just remember that the big chunk represented by SS is totally funded by
> dedicated revenues, and roughly 60% of Medicare is funded by dedicated
> revenues. Pretty much everything else comes out of general revenues. That
> "everything else," plus 41% or so of Medicare, are the sources of deficit
> spending.
>
> In other words, aside from SS and 60% or so of Medicare, most other
> statutory entitlement expenditures are *not* coming from designated
> revenue
> sources. They are, in fact, major sources of deficit spending. So is
> defense
> and the non-budget expenditures for the war in Iraq, Homeland Security,
> and
> all of the discretionary spending items.
>
> The pie charts are real eye-openers for most people. Just remember about
> the
> dedicated funding for SS and 60% of Medicare. The total amounts spent on
> them show up in the pie charts, but they aren't coming out of general
> revenues.
>
> --
> Ed Huntress
>
"And Medicare revenue will be less that 60 % of Medicare costs. "

Absent any real change we are on the way to having 63% funded from general
fund revenue fairly quickly.

"So taxes will have to go up or the deficit spending rate go up, or Social
Security benefits and Medicare benefits will have to come down."

Or we could do what the rest of the civilised world does and institut a
single payer system for basic health care.

According to the Economist the total US spend on healthcare is 15.4% of GDP
including both state and private . With that it gets 2.6 doctors per 1,000
people, 3.3 hospital beds and its people live to an average age of 78.2

"UK - spends 8.1% of GDP, gets 2.3 doctors, 4.2 hospital beds and live to an
average age of 79.4. So for roughly half the cost their citizens overall get
about the same benefit in terms of longevity of life.

"Canada - spends 9.8% of GDP on healthcare, gets 2.1 doctors, 3.6 hospital
beds and live until they are 80.6 yrs

"Now if we look at the more social model in Europe the results become even
more surprising:

"France - spends 10.5%, 3.4 docs, 7.5 beds and live until they are 80.6

"Spain - spends 8.1% , 3.3 docs , 3.8 beds and live until they are 81

"As a whole Europe spends 9.6% of GDP on healthcare, has 3.9 doctors per
1,000 people, 6.6 hospital beds and live until they are 81.15 years old.



Dan

EP

"Ed Pawlowski"

in reply to Curious Man on 04/06/2009 10:12 PM

05/06/2009 8:39 PM


"Too_Many_Tools" <[email protected]> wrote in message

LOL...I used to be a conservative but as I get older I find myself
becoming much more liberal.

That liberalism comes from acquiring wisdom.

And if you haven't noticed, the Country just slapped the conservative
movement into the next decade after enjoying its "benefits" under
Bush.

As those voters who voted for Obama age, they will be liberal leaning
for decades.

******************************************************************

Acquiring wisdom means you see the faults of both. The radicals on either
end are plain crazy .

As a registered "non partisan" voter, I've had people tell me I'm wrong and
should make a commitment. Fact is,neither of our two major parties deserve
my commitment and support. I wish the Libertarians could get their stuff
together because in principle, I agree with them. Less government is better
government

Hh

"HeyBub"

in reply to Curious Man on 04/06/2009 10:12 PM

14/06/2009 12:01 PM

Han wrote:
>
> Society needs some kind of insurance, and the current system is
> dysfunctional.

Dysfunctional? 300 million (out of 340 million) have insurance. Of those,
80% or so are satisfied. Hardly dysfunctional.

Folks are screeching about 40 million of our population are uninsured! Of
these, 14 million are illegal aliens, about 8 million are between
employer-provided insurance, a few million are eligible for Medicaid and
will get it as soon as they apply in the emergency room, many are young,
healthy, cash-strapped people who choose not to have insurance, plus a few
lesser categories.

After doing all the arithmetic, we find there are exactly eight people in
the whole country without insurance who need it.

As a result, there are those who would chance screwing up the system for
339,999,992 people so these eight would not be inconvenienced.

Bah!


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