RSS

Category Archives: Economics

Black community & The Economy

Interesting exchange today, on the Facebook page of my friend Yvette Carnell's. One of her passions as a writer/commentator (she's basically a left-wing version of me, for the sake of brevity), is black America's economic problems (the lack of collective wealth due to historical disparities for far too many generations). In short, our past has had a lasting economic impact on today. I think we still have time to save the future, though none of us alive will see it, unless a fountain of youth is found. That's cuz' of what my big brother & writer Steven Barnes said – "There's no such thing as a wound, that takes less time to heal than it took to conflict." That's a minimum of 400 years. If you can't grasp that, accusations of black people being shiftless, lazy & too slow to "get over it" are profoundly inappropriate, if I'm polite. Racist if I'm not.

"Our economic woes as a community, are our fault alone," some insist. But we're all humans, right? Isn't that the battle cry for the #ALM crew? The physical differences are just our inheritance from our ancestors, whose survival in their environment meant having dark skin. The same is true for whites whose ancestors had to survive the cold. The stuff inside is the same. What Ben Carson said. But I'm derailing my own post a bit.

Let me harmonize these statements. With the unique, historical cards we were dealt, I don't see how anyone can argue, that discussions of slavery are irrelevant to economic ones. Yet I've heard them too many times. Slavery discussions are fundamentally economic. This is exacerbated by centuries of head starts others had. I'm tired of these faulty, racial comparisons, and anecdotes, use by some to thinly veil their contempt. The discussion on Yvette's page started off, with an erudite article about the definition of socialism. Discussions of capitalism inevitably are brought up whenever socialism is. It's a philosophical piggyback ride in fact. Capitalism is evil, capitalism liberates. My approach opposes both schools of thought on some level, because neither has ever been fully successful. I'm all about precedents, and trailblazing approaches. What is America to do then?

But back to that post in question, a commenter, after the evils of capitalism were presented said, "Capitalism worked for Black Wall Street," – I agreed. He's right, but the elephant in the room is that this is anecdotal. Hmm. There's nearly 43 million of us now folks. When at least over half of that number benefits generationally from capitalism, I'll bite. Until then, leave flippant remarks like "catch up with the rest of us," and anecdotes at the door. Yvette is justified in focusing on economic growth (or the lack of it). You're not an ally of either one of us.

Til' next musing,

Talitha McEachin

 

My Musings: Economic Matters, American Slavery & Black Wealth, Manufacturing Fear

Greetings friends,

As promised post before last, here are my latest musings from social media, using the new format of sharing a few quick postings rather than one longer piece so that I can spend more time writing fiction. Enjoy!

Talitha, why don’t you discuss economic matters more?

stacks_of_moneySometimes people ask me why I don’t speak out more on matters of the economy. I do, but those aren’t the social media posts that are popular. Most, if not all of our social woes in America, are inextricably bound to the fiscal ones anyway. I talk about fiscal matters to select audiences of people armed with the economic acumen to engage me. All else is a waste of my time. I can’t discuss the post-jobs economy, the ponzi scheme we affectionately call  Social “Security” quanitative easing, nor the mounting federal debt with people who retort with anecdotes, about their buying power, when the lack of wealth of certain groups in America is discussed. This usually comes from those whose cultural egos bruise easily, especially when our lack of wealth is pointed out by the likes of Donald Trump if I’m polite, any white person if I’m not. Many prefer that our fiscal, community, dirty laundry not be aired, and for some it’s a futile attempt to prove that race related poverty is mostly a myth. “I can keep up with the Jones’,” many insist. The keyword is “I”, which is irrelevant to the topic of what “we” can do, or have. Fortunately for me, I’m under no such delusion. An economic discussion is a moot one, when had with those who believe wealth can be measured by consumerism. This is America, where living beyond one’s means is the norm, and where many poor citizens spend frivolously, while many among the wealthy are frugal. We’ve got it all backwards folks, so one’s ability to consume has no place in an analysis of collective wealth. Some are asking me to discuss the blue sky, even though they’re stubbornly convinced that it’s green. Nope, I’m not doing that anymore, because it’s impossible to wake up people who are pretending to be asleep. Don’t fret though, such persons will never be alone. There’s always plenty of blissful room in Club Ignorance.

Slavery in America & Black Wealth:

Some Americans grossly underestimate the impact of centuries of chattel slavery in this shacklescountry on black folks, in terms of the lack of wealth as a whole. And before someone says “Africans sold other Africans into slavery,” or, “There were black/Native-American slave owners too,” “White people were chattel slaves too,” (utter nonsense, btw), or, “Look at immigrant group X and emulate them,”- note that these are all irrelevant, red herrings. Let your fingertips take you away from this discussion – this one’s for conscious grown-ups, not childish, talking point spouting, keyboard commandos. Everyone else, as my friend & mentor Steven Barnes (NY Times bestselling author of LION’S BLOOD & ZULU HEART) said to me a few years ago – “There’s no such thing as a wound that takes less time to heal than it took to inflict,”. Using those excuses, is like breaking the legs of one man in a race, then shooting the gun in the air for everyone to begin running. After the race & his obvious loss, the winners ask him, “Now why is it taking you so long to start running?”.

If you think that other groups, under identical conditions, would have fared better, you’re a part of the problem. If we believe that there’s no such thing as race, and it’s just a social construct, any other conclusions drawn point to a belief in the inferiority of black Americans, or Native Americans, who aren’t doing so well either. There’s no escaping that. For those who often ask me, “What can we do to help?”, you can start by acknowledging our humanity. When some did have wealth long ago – land (40 acres & a mule), economic prosperity (Black Wallstreet) or, were entrepreneurs (black owned businesses in the Jim Crow south) this was forcibly & violently taken from far too many. That’s not our fault, so you’ll have to excuse me if I’m weary of the whole “pull yourself up by your own bootstraps” rhetoric hurled at black Americans. We did that, and were re-victimized many times over LEGALLY. It’s still happening on some level today via the judicial system. Do some of us gain economic prosperity despite this? Absolutely! but that’s not the point. Individual triumphs are anecdotal, nothing more or less. Collective ones, however, are an indication of economic stability, which is needed to have & maintain generational wealth. That should be the goal. That is our inherited disadvantage. 

 

And last:

Manufacturing Fear: Hillary Clinton as POTUS & ISIS

isisI’m going to preface this by saying that this is more or less food for thought that requires some level of objectivity. In a recent discussion, a friend brought up his committment to vote for Donald Trump, because he thinks having a female president will open the door for more terrorist attacks from radical, Islamic jihadists. His logic and that of others, is that a woman as POTUS will give the appearance of weakness exceedingly more, from members of a culture & religion, in which women are totally subjugated & have very little freedom.This is within the context of an extremist, radical, Islamic microcosm, to be differentiated from the greater, non-radicalized Islamic culture. Obviously, all Muslims are not radicalized, and I don’t mind going further to say that most aren’t. My intuition initially says yes, they could view America as vulnerable with a woman at the helm, but that’s not reason enough for us to not elect a woman in any election. In fact, that line of reasoning is preposterous. Moreover, America may be embarking on its first female president, but we aren’t the first such country – that logic is lacking in precedents to buttress it. Having a female president may be perceived as a weakness by ISIS, and perhaps even domestic terrorists, but this can be advantageous in our battle against terrorism. Perception often doesn’t match reality. Doesn’t it benefit us to be falsely perceived as weaker? I’m not a fan of Clinton for a myriad of reasons, but this isn’t one of them. It can’t be. It’s a provocative assertion, and not altogether flawed, but it seems to me its more of a fear tactic than a cohesive, valid argument. Maybe I’m just not paranoid.Your thoughts?

Have a safe & productive weekend! Until next musing,

TK McEachin

 

 

 

 

 

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Today’s Musings: Dirty Laundry, Obama, Trump & American Complacency

Friends,

I’m going to change the format for my posts as of today, by sharing bullet points from my most popular social media posts. I’m very active on social media as most writers are, so this will help me reserve more time for my fictional writing & longer political pieces, which can be time consuming. Here goes:

Black Community to Trump: Don’t Air our Dirty Laundry:

dirty laundrySome have asked me, why some black Americans are so bent out of shape over Trump’s speech, which included incendiary yet truthful remarks about poverty in black America. Like the sheeple some are, they started giving knee-jerk anecdotal evidence such as “I’m not poor” as if that’s a substitute for analyzing hard data. Anecdotes disprove nothing. Since these blaxperts on MSNBC & the like are going to continue their destructive campaign of lies & economic amnesia at the expense of black America, I’ll tell you the reason for the faux outrage. It’s because black Americans don’t like their dirty laundry aired in front of, or by whites, least of all a right-winger. That’s the bottom line, and some need to get over themselves. This isn’t about individuals/you, it’s about the numbers for us as a whole. There’s no “I” or “U” in team. If you’re going to ignore the way black people have lost so much ground in America over the last 8 years, please get out of the way of those who genuinely care. I’ve got no room in my life for those who’d rather have their cultural egos stroked. Your allegiance to lies & ducking from the truth is just as dangerous as the bullets in a rogue, racist cop’s gun. Stop lying about black community failures & behaving like emotionally wounded children. Put on your big girl panties & grow up.

Democrats Milk the Obama Cow Again:

I find the timing of this new movie, “Southside With You”, about Barack & Michelle Obama‘s “first date” & eventual rise to the White House to be a very calculated, emotional distraction, and a perfectly timed release not long after his endorsement of Hillary Clinton. It’s really nauseating, but hey, after almost eight years of blissful symbolism & ignored failures, what’s one more milking of the Obama cow? Whatever…cow

America In 2016: Dumbed Down & Loving it

american_flag-971804.jpegYou’d think that with as many Americans in this country who are unhappy with the two major party candidates, we’d form a united front in solidarity against them both. Trump nor Clinton are the best persons to run the country, but they both have managed to slither through the primaries in victory. It’s a sad state of affairs, to see a populace so defeated & feeling powerless – so dumbed down. We have so much power and refuse to harness it. Thank God the founding fathers & those who fought centuries later in the struggle for Civil Rights didn’t acquiesce so easily to tyranny. What happened to that type of stamina & perserverance? We’ve all but been reduced to political zombies whose only sign of life is how polarized we’ve become. Even bees know the meaning of sacrifice, giving their lives against human foes with a final sting. It’s hard to believe that insects have more of a fight in them than we do…

And finally…

Trump & Outreach:

Trump is making the GOP establishment look like fools. He demonstrates that the “We don’t do identity politics” excuse is just that – an excuse. With the way racial demographics is steadily changing in America, a political party that doesn’t do outreach to minorities will absolutely become extinct. It’s survival of the fittest – American political style. Anglo-Saxons are consistently declining as the majority with every census, and inevitably, ethnic minorities will become the majority, as is the case in most of the world already. Republicans lack the foresight & humility to see this writing on the wall, which will lead the GOP to it’s demise if they don’t change. Trump has a point, regardles of what anyone thinks his motive is. He is unafraid of going into the black community, which is a sign of strength, or strategic planning, depending on who you ask.

http://www.freep.com/story/news/politics/2016/08/29/donald-trump-court-black-vote-detroit-church/89527702/

Until the next post, be blessed!

TM

 

 

 

 

 

 
3 Comments

Posted by on August 31, 2016 in Economics, In The News, Politics, Society, Uncategorized

 

Tags: , , , , , , , , , , , , , , , , , , ,

Walter Myers III: Obama’s Sequester Gambit

Obama-Winking-300x200My Conservative BFF Walter Myers III shared a brilliant post on Facebook regarding President Barack Obama’s sequester gambit & I had to share this with you all:

The sequester that President Obama HIMSELF suggested, championed, and signed into law, is now the Republicans taking a “meat cleaver” to the budget. This is what Obama does, and he does it well because those who support him simply will not believe that the man is operating in bad faith and not in their best interests. How can he possibly blame this on Republicans? Even if it were their fault, it is 2.3% of total spending! That is $85 billion of $3.6 TRILLION of government spending.

Let me tell you why he is doing this. He has NEVER had ANY plans of cutting spending, period. The idea has always been to tell the American people he would cut spending, and then when it comes time to deliver the cuts, he trots out policemen, firemen, and public servants as sacrificial lambs, hoping to appeal to your heart strings: “Oh my God, we can’t cut these people’s salaries!” Now the reason he does this is because you are stupid. He doesn’t expect you to then think to yourself, “Why does he ALWAYS threaten to do the maximum damage to people instead of cutting government waste where the waste really does exist? That’s hardly a good leader he always threatens the least of us just to get his way.” Well if you’re a liberal, then he knows you won’t think that way.

And of course, even though he got a tax increase last month, he is now crying for more taxes on the wealthy instead of making those cuts, because he knows if he says the Republicans don’t want to raise taxes because they want to protect special interests such as big oil, you, like a Pavlovian dog, will say “Yeah, those Republicans are for special interests.” Well, this has NOTHING to do with special interests, period. But he just knows he can throw that in and a liberal won’t even recognize that was a purely political remark to appeal to emotions. Again, this sequester was HIS idea, and HE signed it into law. So how can this have anything to do with Republicans and special interests? It doesn’t. And again, he got his tax increase last month but is using this as an opportunity to raise taxes while making completely false charges against Republicans. Shameful. But you liberals apparently like that.

What Obama knows implicitly is that liberal are willing to even sacrifice the health of the economy to get “social progress.” That’s why he spends into oblivion and doesn’t give a damn about debt or deficits, except when he could score political points against George Bush. So let me ask you liberals this one question. If he runs the economy into the toilet, then what the hell good will be of your social programs and “social progress.” We will all be in starving and the country will be broke and in deep debt. What you SHOULD be doing, my liberal friends, is fighting your social battles at the state level, and stopping any Republican or Democrat from bankrupting your country. What you have made is a Faustian bargain, and you are bringing the whole country down in the process because you want to force your social views on every single American, instead of going to bat at the state level so people can have 50 choices that they can choose from that fits within their particular sensibilities.

You can’t get social progress and NOT get the concomitant profligate spending that Democrats do that has already bankrupted numerous cities, with Detroit and LA two huge Democratic cities set to fail. In time, within a generation, it will be this nation. You think it’s bad in Greece, just wait until it happens in the US. It won’t be pretty.

To put this in perspective, this sequester is the equivalent of you making $24,000 a year, putting $12,000 on a credit card and having a financial counselor ask you to cut $828 out of your budget so you can take on less debt. Yes, it may hurt, but you know you can’t continue this and need to get your spending under control. Just add nine zeroes to that and you see where our federal government is going, because we know what would happen to you eventually in that scenario.

Walter recommends “President Armageddon” from the Wall Street Journal.

 
1 Comment

Posted by on February 22, 2013 in Economics, Featured Guest blogs, Politics

 

Tags: , , , , , , ,

Obama’s “Truth Team” Caught….Lying

Obama’s “Truth Team” Caught….Lying

I signed up in 2008 on Barack Obama’s website to receive email updates on the campaign and four years later, I still receive the emails. For the most part, I delete them but sometimes I read them (depending on the topic) and I’ll forward them to my Conservative BFF & fellow blogger (a superb writer in his own right) Walter Myers III. Walter & I often have discussions about many political topics of the day and for my part I enjoy these discussions because no matter how much we may agree (or disagree), we always learn from one another and it’s great to have someone else’s perspective before I expound on a topic in a blog. I received the following email after the SCOTUS decision on Obamacare:

Talitha —

I’d love to take a moment to savor yesterday’s Supreme Court decision, but we don’t have time.

Already, Mitt Romney and Republicans are out with outright falsehoods about Obamacare — their favorite distortion being that this is somehow a broad tax on the middle class. In reality, this is all about personal responsibility — and the “tax” they are trying to scare everyone about is actually a penalty for the 1 percent of people who can afford insurance but still choose not to buy it, leaving the rest of us to pay for their health care when they head to the emergency room.

Just like they did when the bill was before Congress, Republicans are playing fast and loose with the truth, making up scary consequences to keep you from knowing all the good things Obamacare does. They’re not telling the truth about what this reform means for millions of middle-class Americans, so I need you to help get the facts out there.

Let’s break it down.

I forwarded this “Truth Team”email to Walter and we discussed these five points which ironically, couldn’t be further from the truth and decided to collaborate. Here’s how Walter and I both feel about Obama’s alleged “truth” regarding the GOP and future president Mitt Romney:

#1 Republican distortion: “The President promised he wouldn’t raise taxes on the middle class by a penny with this health care law. Well, that’s been proven false now.”

The facts: President Obama has cut taxes by $3,600 for the average middle-class family over the last three and a half years, and the Republicans fought him nearly every step of the way. From cutting taxes for every working American through the Making Work Pay and payroll tax cuts, to the American Opportunity Tax Credit which gives up to a $10,000 tax credit to help families pay for four years of college, the President has put more money in the pockets of middle-class Americans.

Here’s another fact: Obamacare includes the largest middle-class tax cut for health care in history. According to the independent Congressional Budget Office, 19 million people will receive tax credits — worth an average of about $4,800 each — to help afford health care. These tax credits will finally put health insurance within reach for millions of American families. In short, Obamacare cuts taxes for middle-class families. Period.

Around 1 percent of people — those who can afford to buy coverage but instead choose to opt out, shifting their costs to the rest of us — will pay a penalty. The Supreme Court acknowledged yesterday that this penalty will be charged through the tax code — but that doesn’t change its purpose (to ensure everyone who can afford insurance buys it) or its effect (to lower costs for everyone). It’s also the same policy Mitt Romney implemented when he signed health reform in Massachusetts. For many folks in Massachusetts, the penalties under Romney’s reform were even bigger. In fact, here’s a video of him extolling the virtues of his penalty.

REAL FACTSFirst of all, Obama attempts to fool the public by calling a tax a penalty because he knows that raising taxes is toxic. However, when his legislation is being questioned in from of the court, his lawyers say it is a tax even though he sold it as a penalty. Even once the court says it is a tax, Obama, his administration, and his campaign team continue to lie about it not being a tax. It is the height of hypocrisy, then, to say that Romney is lying. The entire law is based on a lie because it does not make healthcare more affordable and it pays for it through a myriad of new taxes. Moreover, they lied about the costs because now we see that the costs are at least double from what we were originally sold when the legislation passed. Furthermore, in 2010 Mitt Romney stated that his plan was for Massachusetts only and he’d never roll it out as a federal plan. Some of us may not like Romneycare but it was a state decision, which is a reflection of Mitt Romney’s respect for empowered states as the constitutional framers wanted. The “Truth Team”, in it’s rush to demonize Romney and Romneycare, neglects to tell us that 62% of Massachusetts residents surveyed support the healthcare law there.

#2 Romney distortion: Romney said Obamacare meant “a larger and larger government, more and more intrusive in your life — separating you and your doctor.”

The facts: Totally dishonest. In fact, this is one of the most dishonest claims in American politics. First, this isn’t about government. Obamacare builds on and improves the nation’s private health care system.

Second, here’s what it fixes. Before Obamacare, insurance companies had free rein to arbitrarily cap and cancel coverage, and they could waste our premiums on overheads and big CEO bonuses. With Obamacare, there will now be clear rules of the road to give patients and doctors more control over their health care. These rules will make sure that you and your doctor — not your insurance company, and certainly not a Washington bureaucrat — have control over your health.

REAL FACTSThis is absolutely about government so Romney is on target. How can it not be with 150+ new federal agencies to regulate insurance and medical care? And what about the IPAB, a 15-member commission appointed by the president whose purpose is to make annual “legislative proposals” starting in 2014 that will result in reducing the per capita rate of growth in Medicare? That is not more and bigger government intruding into your life between you and your doctor? Please. The best way to improve the nation’s private health care system is to make it more competitive, not coerce it to do the government’s bidding through artificial constructs only Washington bureaucrats could dream up. Also, it really is none of Obama’s business what insurance companies do with their money as long as they follow the law and do not cheat their customers. Bringing up CEO bonuses is nothing but another example of the class warfare that Obama likes to shamelessly foment. The bottom line is not just a Washington bureaucrat, but numerous Washington bureaucrats have control over your health, and Obama is lying if he is telling you that is not the case.

Supporting Evidence:

Obama’s Other Unconstitutional Provision (www.hoover.org)

Price: Obamacare Means 159 New Government Agencies (www.newsmax.com)

#3 Romney distortion: “Obamacare also means that for up to 20 million Americans, they will lose the insurance they currently have.”

The facts: Outright false. If you like the insurance you have, you can keep it. The only thing that’s changed is that your coverage is stronger. Here’s how:

— If you had a lifetime limit (and about 60 percent of employer-based plans did), it’s been lifted.
— If you have a child under the age of 26, they can stay on your plan.
— Insurance companies can no longer discriminate against children with preexisting conditions.
— Starting in 2014, insurance companies will no longer be able to deny anyone insurance based on preexisting conditions, helping up to 129 million Americans get the care they need.
— Insurance companies will no longer be able to charge women more than men for the exact same coverage.
— 54 million Americans already have access to better preventive services, free of charge.
— And if you get sick, your insurance company can’t drop your coverage, and if they deny you a treatment, the law makes sure you have a chance to appeal.

Republicans who tell you Obamacare won’t let you keep your plan if you like it are lying to you — and it is shameful.

REAL FACTS: Obama continues to perpetuate a known lie because millions of Americans will lose some or all of the insurance coverage they have enjoyed. Obamacare causes employers to spend more money on healthcare plans for their employees because of the myriad taxes Obamacare imposes. Thus, costs will necessarily go up. Just look at the list above. When you impose all of these regulations, they will cause prices to rise significantly (which has already happened with the partial implementation of the law thus far). If you lift the lifetime limit, then premiums will have to rise. If you add children to a plan under the age of 26, premiums will rise. If insurance companies can no longer exclude anyone with a preexisting condition, then it will be impossible for an insurance company to stay in business without massive increases in premiums. What’s worse is that since the “penalties” for those who refuse to purchase insurance begins at a low teaser rate, smart people will just wait until they get sick, wreaking havoc on insurance actuarial tables. I don’t know how they will survive this and how any fool could think this is even workable.

It is a known actuarial fact that women have more healthcare needs than men simply due to the different makeup of their bodies, so why can’t they be charged more? If not, then everyone else will have to be charged more. These provisions above are the most egregious of the healthcare and are entirely unworkable, almost designed to make the private insurance industry fail so the government can create a single-payer system. Finally, if you are now giving preventive care to everyone for free, how can costs not rise? Yes, you can say this will lower costs over time, but can you really expect that once people are given “free” healthcare that they will be more responsible? I hardly think so. If you don’t earn your healthcare, you will never appreciate it as you would if you earned it. Thus, I believe that overall health will NOT increase because there is no incentive to be healthy. If premiums are manipulated so that one person can’t be charged the true actuarial cost based on their health, then why would a smoker quit since he/she wouldn’t have to pay appreciably more than the next person who doesn’t smoke? Their is no true price signal that would deter them, and they can also just wait until they get sick to buy healthcare. That is how perverse the healthcare law is since it is NOT market based.

Supporting Evidence:

The Coming ObamaTax Bomb (www.townhall.com)

If You Like Your healthcare Plan Can You Keep It? (The Foundry/Heritage.org)

#4 Republican distortion: “Costs are going up.”

The facts: Health care costs have been going up for decades — that’s one of the reasons President Obama fought to pass the Affordable Care Act. Obamacare makes targeted changes to hold costs down. The President started by taking on the insurance companies. As he said yesterday, the law ensures that insurance companies spend 80% of your premium dollars on your health care, not administrative costs or CEO bonuses. If they don’t follow that rule, they have to send you a rebate. This month, more than 12 million Americans will receive over $1 billion in rebate checks, and we’re all seeing lower premiums because of it.

The law also takes on waste in our health care system. Let’s take just one example. We spend billions of dollars every year treating people for infections they get while they are in the hospital. The health care law helps hospitals take simple but necessary steps to prevent infections. These types of reforms will save up to $35 billion and 60,000 lives.

REAL FACTSObamacare, as discussed above, only adds to the cost and does nothing to lower or contain costs. Also, it is simply common sense that if you bring supposedly 30 million more people into the healthcare system that the cost will go up since these people must now be served. What Obamacare does is just create more complexity and bureaucracy in a system that needs to be simplified and made more efficient. If we can’t make Social Security and Medicare work, what on earth would make someone think another entitlement system will be successful and make costs go down? The problem is not administrative costs and CEO bonuses, even though Obama likes to make this out to be the problem, which only someone who has no knowledge of the insurance industry would fall for. It is pure sophistry. Finally, premiums are already rising, so they can’t say just two years into Obamacare that premiums are going down in any case. In fact, they have had to provide over 1000 waivers to companies who said it was going to be a major burden to them to participate in the law. Ironically, most of the waivers went to union members and also restaurants in the district of none other than Nancy Pelosi:

Supporting Evidence:

1 In 5 of latest Obamacare Waivers Went to Nancy Pelosi’s District (Hot Air)

Over Half of All Obamacare Waivers Given to Union Members (The Weekly Standard)

And finally….

#5 Romney distortion: “Obamacare adds trillions to our deficits and to our national debt.”
The facts: Wrong again. The Affordable Care Act cuts the deficit by over $100 billion during the first ten years. In the following decade, it cuts the deficit by another $1 trillion. Not only is the Romney campaign misleading people about the President’s deficit plan, they won’t tell the truth about their own. Romney would grow the deficit by as much as $5 trillion by giving tax cuts that favor millionaires and billionaires while taking away health care benefits that people rely on. We can’t let them get away with it.
I’m going to be perfectly clear: Mitt Romney has promised that if elected our next president, he will repeal Obamacare on Day One in office. Immediately after the Supreme Court ruled to uphold health care reform yesterday, Romney reminded his supporters: “When I’m President…Obamacare will be over.”
 If Romney gets his way, 105 million Americans could see their lifetime caps reinstated, and more than 3.1 young Americans could be booted off their parent’s plan and could again be without insurance. Up to 17 million children with preexisting conditions could, once again, be at risk of being denied coverage, and insurance companies could once again drop you if you get sick.
REAL FACTSThat is a pure lie that is counter to the CBO’s own projections. The CBO now projects that the health care law will cost $1.76 trillion over a decade, rather than the $940 billion forecast when it was signed into law. According to the CBO, 3 million fewer people will have health insurance through their employer, while 17 million Americans will be added to Medicaid and 22 million will be getting coverage through government-run exchanges. So Obama care is hardly a solution, and it needs to be repealed in favor of a real solution that does not involve government but increases competition and fixes the inequities in the current system.
Supporting Evidence:

 

Despite the “Truth Team’s” untruthful caveats regarding what would happen if Mitt Romney wins the election, Mitt Romney will not only repeal the Obamatax/Obamacare, he does have a plan to replace it with because no American wants to go back to what we had exactly. In an article in the New York Times, Op/Ed Columnist David Brooks gives us a hint of what Mitt Romney’s replacement for Obamacare would be:

“Moreover, there are alternatives. Despite what you’ve read, there is a coherent Republican plan. The best encapsulation of that approach is found in the National Affairs essay, “How to Replace Obamacare,” by James C. Capretta and Robert E. Moffit. (Mitt Romney has a similar plan, which he unveiled a little while ago and now keeps in a secret compartment in subsection C in the third basement of his 12-car garage).”

Barack Obama’s “Truth Team” is just another part of his smear campaign against the GOP and Mitt Romney but many Americans can see through his political legerdemain and we will not be victims of this “dumbing down” of American citizens. I have faith and trust that Mitt Romney is the man to do the job and I feel confident in saying that my friend Walter Myers III has the same level of trust but either way, unlike Democratic (the majority) blind support of Obama no matter what he does ( or fails to do), we will hold his “feet to the fire” to ensure that these promises are kept along with every other Conservative. To Obama’s “Truth Team” we suggest another career because your lies are transparent and this will only lead you to one place: the unemployment line on November 6th, 2012 behind Barack Obama and all of the rest of his liberal cronies and sycophants.

 

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tea Party Activist vs Occupy LA Activist

Tea Party Activist vs Occupy LA Activist

My close friend & conservative “partner in crime” Walter Myers III had the pleasure of appearing on the SoCal PBS Insider show with host Rick Reiff to lightly debate Occupy LA activist Matt Ward recently. I wanted to share the video with you all because he does a fantastic job (as usual):

I agree strongly with Walter that the problem is big government and crony capitalism. It is ironic to me that although I do not know the political stance of host Rick Reiff, even he recognizes the Marxist overtones of Matt Ward’s statements. I am a strong Tea Party supporter and I believe that the two movements have some common ground. Great job Walter!

 
 

Tags: , , , , , , , , , ,

 
%d bloggers like this: