National Inflation Association Article Comment

US-Inflation-by-year
Inflation chart by user Monkeyman (Creative Commons SA 3.0)

Things got heated in my comments section back in 2010-2011 on

Fact Checking The National Inflation Association And its Hyperinflation Fear-Mongering.

I didn’t have the time to address all the bad information. And honestly I didn’t consider it worth my time even if did have it.

But I have some extra good free time lately, some more health care policy wisdom, and the power of hindsight. Why not?

A user named Flagrantbagel left a supportive comment on my NIA article:

The following is an unedited copy of someone’s reply to Flagrantbagel.

Left January 14, 2011 at 2:45 pm

Deepblue

You won’t support someone because they’re supported by Steve Forbes, but you’ll support someone financed and endorsed by George Soros?

I’d suggest you research the “Quantum fund” and find out how the “Man who broke the bank of England” made his money. Note also that this very same man, George Soros, was branded (and convicted) in Thailand as an “economic war criminal” who “sucks the blood from the people” after causing the Asian Debt Crisis in ’97. Soros, the man also behind the collapse of the Russian currency, the ruble, in ’99 and afterward publically boasted that “the former Soviet Empire is now called the Soros Empire.”(Google “Russiagate”). Just look up Soros’ *** latest conviction *** in June of 2006 in France for his attempt to takeover the Societe Generale bank.

Soros is the most notorious derivatives trader in History.. and who are we told created America’s financial crisis by every pundit? Deriviatives traders and speculators. Odd that such a speculator would be the largest financial contributor to the “just happened to inherit it” administration and all it’s various supporting “progressive” organizations, isn’t it? Yet you seem to support this all unabashedly.

Here’s a suggestion. While you’re busy NOT doing your research, you might want to glimpse at Article I, Section 8, Clause 1 of the United States Constitution, also known as the Taxing and Spending Clause… a.k.a. – “The Power of the Purse.”

It declares that it is *** Congress *** and *** NOT *** The President who is in control of all spending. Even More specifically, that this power rests in the House of Representatives, where *** ALL *** spending (“Appropriations”) bills are introduced.

Fact check this. It is a list of Speakers of the House by year:

Carl Albert (D) 92nd – 94th Congress 1/21/71 – 1/03/77
Tip O’Niell (D) 95th – 99th Congress 1/03/77 – 1/03/87
Jim Wright (D) 100th – 101st Congress 1/06/87 – 6/06/89
Tom Foley (D) 102nd – 103rd Congress 6/06/89 – 1/03/95
Newt Gingrich (R) 104th – 105th Congress 1/04/95 – 1/03/99
Dennis Hastert (R) 106th – 109th Congress 1/06/99 – 1/03/07
Nancy Pelosi (D) 110th – 111th Congress 1/04/07 – 1/03/11

Now compare the Federal deficit by who controls the House (spending) on this handy dandy ‘Chart of Federal Debt’ published in the left-wing rag Esquire Magazine.

http://www.esquire.com/blogs/politics/federal-deficit-graph-071210

You will see that spending increased from the moment Democrats took control of the House in 1955 until they finally lost control of the House in 1995 and note the MASSIVE decrease which caused the “surpluses” IMMEDIATELY coincided with Republican takeover of the House of Representatives, and continued under the Republicans right up until the morning of September 11th, 2001. Wonder what happened then?

But don’t trust me. Go confirm it for yourself. Go straight to the horse’s mouth and hear Clinton tell you WHY *** HE *** shut down the Federal Government to prevent the budget from being balanced by 1997 under the Republican plan – SIX YEARS before he was willing to allow it to be done. Note once again that the President’s *** ONLY *** budgetary power is to VETO appropriations bills.

Because all spending comes from Congress, when a President repeatedly VETOES the Appropriations bills, the government runs out of money and must be “shut down.”

Source – Bill Clinton’s radio address 12/16/95 regarding the House’s proposed 96 budget:

http://www.c-spanvideo.org/program/PresidentialRadioAddress79

According to Clinton, the *** ONLY *** possible way to balance the budget is to follow HIS plan, which is to “balance” the budget by 2003 – 3 YEARS AFTER he has left office. Balancing the budget any sooner, according to Clinton, will:
• Deny Children Health Care
• Deny them Schooling
• Eliminate the School Lunch program
• Deny Children Safe Places to live
• “Deny them Air and Water that is safe to breath and drink”
• Eliminate Head Start
• Cut efforts to keep drugs and violence out of our schools
• Undermine “Our efforts to meet educational standards of excellence”
• End the Americorp program
• Eliminate 350,000 scholarships
• Take away “the Best student loans programs”
• “will raise taxes” – Note, “raising taxes”, in this context is liar speak meaning that because government will not be able pay people’s expenses, they will be forced to pay for things themselves… i.e. Paying for things is a “tax”
• “Children will be exposed to hazardous Waste”
• There will be larger class sizes
• “10 MILLION” people will be “forced to live near toxic waste sites” that “will not be cleaned”
• Fewer children will be immunized
• Millions will be force from Medicaid and onto Medicare adding millions to the Medicare roles
• Millions will be denied adequate medical care
• “1 MILLION people will be forced into poverty”

Listen to it yourself. I entreat you.

…”And THIS is why I William J Clinton will shut down the government by vetoing the REPUBLICAN BALANCED BUDGET AMENDMENT… because “I will not let them hurt our children” 12/16/1995

Note: the dramatic Medicare cuts which Clinton is attributing to child rape, torture, and murder was claimed, by Democrats, to “Slash” Medicare by *** $38.5 billion a year *** for 7 years.

http://www.nytimes.com/1995/09/16/us/gop-s-plan-to-cut-medicare-faces-a-veto-clinton-promises.html

Funny how a greatly exaggerated $38.5 billion Republican cut caused all of that, but when a Democrat (Barrack Obama) cuts over HALF A TRILLION DOLLARS – a.k.a. over FIVE HUNDRED BILLION – from an already insolvent Medicare system, it will only “add efficiency” and cut “waste”.

Liar. Thy name is Democrat.

First I want to clarify I am article OP, not the comment OP – Flagrantbagel. I personally have no love for nor advanced conceptualizations of George Soros.

I am not tricked into thinking billionaires’ have great content of character just because they own some philanthropic organizations.

> “Fact Check this”

Oh, I will.

Deepblue did a massive information dump, which is a handy trick to sound smarter than you really are in debates. I will address this by order of importance of his claims.

Medicare

Romney’s right: Obamacare cuts Medicare by $716 billion. Here’s how.

Sarah Kliff: “The majority of the cuts, as you can see in this chart below, come from reductions in how much Medicare reimburses hospitals and private health insurance companies.”

If Deepblue wants to come back and argue about health care policy, I am more than willing to do that. I personally believe that top hospital administrators need to get paid less in order to tackle the budget problems of administrative bloat. Cutting Medicare reimbursements is a necessary step towards balancing the entitlements portion of the national budget.

I am not happy with how the think tanks lately have been discussing cutting Medicare reimbursement by 40% for Medicare-for-All. That is too steep, too fast and could potentially disrupt services.

The ACA cuts that Deepblue refers to, however, were no where near that drastic and the Medicare-For-All bill at this point is more symbolic than a hard proposal.

Bill Clinton’s Speech

I took up his offer and listened to this C-span speech he linked. From 1995. Since apparently these “Liar, thy name is Democrat” people can’t let Bill Clinton go years later.

The thing about budgets, a fact that that Deepblue skirts, is that they are mostly planned FOR THE FUTURE. Federal, state, local budgets. They are all decided on in advance and don’t kick in as soon as they are passed, except for the immediate money needed to keep services running.

All those bullet points are indeed possibilities of Republican proposed tax cuts. Both now and in 1995. Children, students, and the chronically impoverished are extremely different affected populations than those affected by Obama’s Medicare reimbursement cuts, which are mostly eaten by the hospitals and insurance companies.

“you might want to glimpse at Article I, Section 8, Clause 1 of the United States Constitution”

I have inside info that Flagrantbagel might actually be lawyer. I’m sure he HAS looked at Article I, Section 8 of the Constitution sometime at school.

You do not want to get into an argument about the case law precedent of presidential powers involving taxation with me or Flagrantbagel, Deepblue.

You will not win.

That is all for today.

Advertisements

Clantily Scad’s Prediction For President 2016. (Made in 2013.)

I know it’s really early, but I’d rather look super impressive and have bragging rights three years later or shrug and say the signs were misleading.

I called Paul Ryan for Romney’s VP on this blog long before his stock jumped on Intrade and long after most people were talking up Marco Rubio. I was briefly a political science major, so I know the basics, but I’ve also canvassed for the Democrats and think I have a pretty decent sense of people’s motivations.

I honestly believe that there’s going to be an epic Chris Christie versus Cory Booker showdown for President in 2016. I think it will be tight but I bet Cory Booker will win.

Other major players in the Republican GOP primary are going to be Marco Rubio and Bobby Jindal. Rand Paul will be around, but mostly serve as the libertarian placeholder for his dad. Rubio will be second banana to Christie, but will not be able to surpass Christie’s aggressiveness.

Other major players in the Democratic primary are going to be Elizabeth Warren and maybe Kirsten Gillibrand. (I’m a New Yorker now, so I’m now more familiar with Gillibrand.) I wish Michelle Obama was running too, because she is super smart and super fly, but she doesn’t seem to be interested in heading that way. It’s still nice to see the progressive ladies coming out into the spotlight to grab the torch from Hillary Clinton.

I do not think Hillary is going to run. Right now, this is not a popular opinion among the liberal wonks, but I’ve been thinking it for a while.

She’s tired of the infighting and made statements about how tired she is in the past. I know politicians can backtrack on their statements. But I’m really getting the sense that she just wants to chill for a while and focus her ambitions on knitting and enjoying retirement. Which is totally reasonable; she’s 65 now.

Nate Silver sounds like he’s leaning the same way with me on the Hillary Prediction: “She doesn’t really like the campaign all that much.”

Anyway, I’ve written briefly before about how much of a badass Cory Booker is of a candidate. He’s relatively young for Presidential ambitions, but so was an inexperienced Senator named Barack Obama. I think Cory Booker will be great.

Now that Intrade is done, does anyone know where I can legally profit from my political acumen?

Live-blogging the 10/3/12 Presidential Debate

Presidential Bro Hug

Pre-game:

The Obion: Biden Implores Obama To ‘Rub One Out’ Before Debate

‘Don’t Want Pussy On The Mind Out There,’ Reports Vice President

—-

9:07

Mitt Romney invokes a story involving a baby.

Romney bored that unemployed person to death. #MockTheVote #Debates

9:11

Obama talks about specific tax cut numbers and the moderator sounds old and confused.

9:13

Mitt Romney: “I like coal.”

Me too, as long as I’m not getting trapped in a Chilean mine, mining it.

9:20

My Internet stream keeps buffering and I don’t care, because everyone is so boring.

9:23 

Boring point-in-case, Obama just talked about “math.”

@indecision

Good thing they keep talking about math. Nothing gets America fired up more than math. 

9:28

“I like Big Bird.”

This debate reminds me of…

9:38

I think Obama should have practiced some zingers.

9:40

First unforced Romney error: “I may need a new accountant.”http://thebea.st/RdXvE9

9:50

This campaign to re-elect Bill Clinton is going really well.#debates

9:52

I think Obama’s boring is rubbing off on Romney. R-Money just mentioned “leverage limits.”

9:55

What if Jim Lehrer had a heart attack right now? His resuscitation could be funded by viewers like you!

9:57

Newsflash! Nobody has actually read Dodd-Frank.

Dodd Frank: Was that the girl in the attic? #MockTheVote #Debates

10:05

Okay, so I think this show needs a whacky neighbor to really spice things up. Maybe a talking baby, or a dog. OMG MAKE THIS FAMILY GUY!

@wilw Pot-smoking Koala? It could be American Dad.

10:09

Obama should just curl up in the fetal position and scream health care statistics for the rest of the debate.

10:10

Romney says he didn’t raise taxes to pay for Romneycare. That’s because it was subsidized heavily by the federal gov’t

10:12

When can we talk about vaginas and anal sex? #debates #priorities

10:15

Man, I wish Big Bird was moderating this debate. Big Bird or a corpse would be doing a better job at creating structure than this guy.

10:24

…um…I…

10:25

There’s bars out there serving drinks called “zingers” right now, right?

10:33

Well, my dream of Obama screaming, “You tied your dog to a car!” have been crushed.

Jesus tap dancing Christ! I’d rather hear about bitches, zombies, the apocalypse, sandwiches or anal before any more political tweets. Fuck!

North Koreans should be grateful tonight that Dad banned television.#debate

Good night and good luck.

DNC reax + Gangnam Style Mash-up Music Video

1. Nate Silver is showing a significant bump  for the Democrat’s after the DNC, much higher than the RNC’s bump.
Electoral Vote Prediction
Barack Obama

314.2

+10.4 since Aug. 31
Mitt Romney

223.8

-10.4 since Aug. 31
2. The DNC also tied for ratings with “Honey Boo Boo Child” while the RNC was below the ratings for their week.
3. Buzzfeed posts a list of newspaper headlines in Swing States, showing positive reaction to Barack’s speech.
4.
Animated Granholm .gif via HuffPo
Personally, I thought Jennifer Granholm’s speech was the best. She was one of the more rousing and animated speakers of the night.
5. Factcheck.org had to aggregate their analysis of Obama’s and Biden’s speeches, because apparently they each didn’t have enough exaggerations and out-of-context quotes to warrant posts of their own. (Paul Ryan and Mitt Romney each had their own posts from the RNC previously on factcheck.org)
6. As promised, song for Friday. This is seriously the best Gangnam Style mash-up I’ve seen yet:

Who is Donald Berwick?

Seriously.  Who is he?  Well, according the news, he’s our new administrator of the Centers for Medicare and Medicaid Services.

Obama managed to bypass the Senate scrutiny process while appointing him while Senate was on vacay.  Tricky Tricky.

AFL-CIO President Richard Trumka likes him.  Not that I really know who Richard Trumka is either.

Let’s see what wiki says, since yanno, Truth is now a democracy:

He is:

-Clinical Professor of Pediatrics and Health Care Policy in the Department of Pediatrics at the Harvard Medical School and Professor of Health Policy and Management at the Harvard School of Public Health.   Obama sure loves his Harvardians.

-A pediatrician, Adjunct Staff in the Department of Medicine at Children’s Hospital Boston, and a Consultant in Pediatrics at Massachusetts General Hospital.

-President and Chief Executive Officer of the Institute for Healthcare Improvement.

I’ve never heard of this IHI organization.  (I’m more familiar with the Commonwealth Fund). Research time…  Well, browsing through their site, they don’t seem to have as large a reach as other organizations, but they have some good public research papers.

Berwick tentatively has my support.  He seems highly qualified and I can’t think of a better pick offhand.

—-

PS

I made another post today about my personal experiences without health insurance. https://scandalousmuffin.wordpress.com/2010/07/07/on-being-one-of-the-46-million-uninsured-americans/