What Kind Of Care, Anyway?

-By Warner Todd Huston

For those that want universal healthcare, the panacea of “coverage” is expected to “give” all those currently without healthcare coverage the access they need to the medical care they now lack. This sounds wonderful all things being equal. It sounds caring and big hearted of them to want everyone to get medical care. But what is the practical outcome of this desire with a system in government hands?

Obama has claimed that he wants to create a sort of standard minimum of coverage provided by government for those entirely without. Again, it sounds like a great idea but how long does that minimum standard stay minimum? Unfortunately, what might be considered minimum now would quickly become all inclusive with just every kind of service imaginable added to the plan as inevitable government “mission creep” continues to raise the bar for political reasons.

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What Kind Of Care, Anyway?”


Stealth Wealth Redistribution

-By Dan Scott

A number of warnings have gone out about the printing of money. The Federal Reserve has been injecting money into the economy by buying US Treasuries in an attempt to keep down interest rates. Their efforts thus far are beginning to fail as bond rates are starting to climb. As we all know, the US Treasury has been forced to issue ever increasing amounts of bonds to finance Congress’s irresponsible spending. The chilling part is the bulk of the Stimulus money has yet to be spent meaning the US Treasury will have to significantly ramp up its bond sales to finance government operations. That on top of the trillion dollar budget deficit this year, next year and years to come.

Given the massive amounts of debt issuance, one must wonder if we are about to become another Zimbabwe experiencing hyperinflation. While the US Treasury, who is tasked to raise funds for government operations, doesn’t have the authority to say no to Congress, the Federal Reserve does. At what point is it the Federal Reserve’s responsibility to say to Congress we can’t print anymore money regardless of your desire to spend it? If the Federal Reserve did so, interest rates would shoot up due to the US Treasury attempting to meet the spending levels. Recently, I have begun to rethink the threat of hyperinflation due to all the wealth destruction over the past year.
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Stealth Wealth Redistribution”


Massachusetts Universal Healthcare System Breaking Down Already

-By Warner Todd Huston

When Governor Mitt Romney instituted a universal healthcare plan for Massachusetts in 2006 he proclaimed it a conservative idea. “It’s a conservative idea insisting that individuals have responsibility for their own health care,” he said. “I think it appeals to people on both sides of the aisle: insurance for everyone without a tax increase.” The plan passed and was put into practice. But has it worked? Has it been successful?

For a time, many thought it might but cracks in the system are already being seen. These cracks are instructive as a lesson on how Obamacare will crash and burn just like Romneycare is now in the process of doing.

One of the early claims that helped push Romneycare through to law was the insistence by its supporters that Emergency Room visits would fall as more and more citizens became covered under healthcare insurance. Since ER care is far more expensive than a doctor’s care, it was thought that more people with insurance would ease the overcrowding of ERs as well as lower the overall costs of healthcare.

However, a flaw in this logic has been seen throughout the state. As more people became insured, more people demanded the care of doctors. These doctors became overloaded with patients and waiting lists for doctors got longer and longer. As a result, ERs in Massachusetts have not seen a downturn in visits. On the contrary, it seems that ER visits are actually on the upswing in the Bay State. In fact, in 2007 they were higher than the national average by 20 percent.

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Massachusetts Universal Healthcare System Breaking Down Already”


Did We Just See Obama Squirm?

-By Dan Scott

Two international occurrences over the past month have given us an interesting insight into President Obama. The first being his initial tepid response to Iranians demonstrating non violently in the streets over a very suspicious election result and the Basij murdering seven demonstrators in a staged attacked to make the demonstrators look violent. The purpose of the attack was to delegitimize a peaceful movement and their dissent in order to shift the focus away from a less than believable election result. One cannot count millions of hand marked paper ballots in a matter of four hours, not even in the US. No one bought the staged attack anymore than the phony election results. However, President Obama curiously refused to support the demonstrators under the rationalization that it would appear as meddling in Iranian affairs and would compromise future nuclear weapons negotiations. It wasn’t until more demonstrators were murdered and President Obama was essentially shamed into it by Congress and then being accused by Iran of meddling that he finally found his rhetorical voice to speak words of support for the demonstrators. Obama affirmed the right of peaceful dissent for the Iranian demonstrators and that the Iranian government should allow them to speak their piece without use of force. He said nothing about the legitimacy elections.

The second insight into President Obama came this week when President Zelaya of Honduras was arrested by the Army removing him from power. President Obama called for the Rule of Law in opposing the ouster of Zelaya. Interestingly, it was the Rule of Law that Zelaya broke and that nation’s Supreme Court ordered his arrest. It appears he wanted to follow in Chavez’s footsteps to become president for life by holding an illegal referendum removing term limits. It was all very democratic, except the part of not following the Constitution of Honduras and President Obama knew this.
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Did We Just See Obama Squirm?”


‘Adios Chavez,’ Gas Station Owner Dumps Chavez Citgo Brand

-By Warner Todd Huston

A smart gas station owner from Wadsworth, Illinois has given up his Citgo franchise and re-opened as a Shell station. To celebrate he posted a sign that gives Hugo Chavez a wonderful sendoff. “Adios Chavez,” it reads.

For the last five years I have personally boycotted any Citgo gas station. Citgo, you see, is wholly owned by Petróleos de Venezuela S.A., which itself is wholly owned by Venezuela’s despotic President Hugo Chavez and his puppet government. I have written several times in the past about this fact (here, and here) and have wondered why more Americans haven’t talked about boycotting this foreign hatemonger’s gas stations?

After all, Hugo Chavez has called the U.S. any manner of names and has centered the U.S. as the chief villain of his paranoid delusions of persecution anyway, so why not let him stew by refusing to do business with this half-witted, half-pint dictator?

So, today I am happy to report that Randy Whitmore’s gas station at Delany and York House roads in Wadsworth, Illinois has done just that. He’s flipped the tin-potted Chavez the bird and gone back to being a Shell man.

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‘Adios Chavez,’ Gas Station Owner Dumps Chavez Citgo Brand”


How do we stop Communism? Pray!

-By Marie Jon

Many clear-thinking Americans believe that Marxists are in control of our country — and that there is no reason to believe they will ever give up their power.

The question at hand is what can be done to remedy the situation we as a nation find ourselves in?

Dare to be a Daniel

The answer is clear. The strategy for survival of any society is repeated throughout the Holy Scriptures and must be applied today. We need to enlist this vital strategy to preserve America’s freedom and strength. People of faith need to persuade decent, patriotic, God-fearing Americans to turn their hearts to God and live in a manner worthy of His intervention.

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How do we stop Communism? Pray!”


Amer. Indians Already Suffer Gov’t Healthcare

-By Warner Todd Huston

Let’s talk about a government healthcare plan that already exists. It might help us understand what sort of situation we might see when Obamacare is fairly begun. It’s not Medicare or Medicaid but the IHS, the Indian Healthcare Service.

Few have remembered during this debate that the U.S. government already has a sort of single payer styled healthcare program already and it is for America’s Indian population. Unfortunately, it has not served our native peoples well.

For example, recently it has been shown that the IHS has “lost” $20 million in high tech healthcare equipment bought by the federal government to care for Indians.

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Amer. Indians Already Suffer Gov’t Healthcare”


Screwing Over The Poor Again!

-By Dan Scott

In another example of feel good legislation Congress has once again come up with a plan to help their primary constituents, the unions under the guise of advancing environmentalism and helping the economy. The cash for clunkers act as it is named will pay anywhere from $3,500 to $4,500 for any vehicle sold in a transaction to purchase a more fuel efficient one. As with most feel good legislation, it is ill considered with unintended consequences and a waste of taxpayer money.

Let’s examine the pertinent numbers. Under the act, $1 billion as a starter will be spent by the taxpayer to buy up (and scrap) a vehicle that gets less than 18 mpg. The better gas mileage the newer vehicle gets, the higher the amount of taxpayer money you get. Using an average $4000 as the credit that would take approximately 250,000 used cars off the road. As of 2006 there were roughly 135.4 million passenger cars, 6.7 million motorcycles and 99.1 million light trucks and SUVs. In that same year, roughly 42.6 million used vehicles were sold. Why is that important? Approximately one sixth of the total vehicles on the road are re-sold each year and that’s a sizable market. Taking 250,000 off the road would barely register at 0.6% of the annual sales volume of older vehicles. While this is a very small percentage, it will have a most pernicious effect of setting the base price for any used car at $3,500.
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Screwing Over The Poor Again!”


The Path to the Future Requires a Return to the Roots

-By Frank Salvato

As President Obama thunders ahead with his liberal agenda, unencumbered by any significant opposition in either chamber of Congress, the focus for the Right has been on how to re-invent the Republican Party so as to be competitive in the 2010 and 2012 election cycles. This renewed and urgent focus is more akin to a meeting of rival mafia families, each faction unwilling to cede influence, power, control or status to another, than it is a quorum of individuals dedicated to true and original Republican principles. In light of this it is appropriate to revisit the founding platform of the party.

In the immediate aftermath of the inaugural 1856 Republican Convention in Jackson, Michigan (the party was founded in Ripon, WI, in 1854), the Republican Party declared as their founding platform commitments and allegiances to:
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The Path to the Future Requires a Return to the Roots”


Healthcare Reform Flim-Flam

-By Dan Scott

President Barack Obama is seeking to help pay for his healthcare plan by sharply reducing the government’s medical spending, mainly by trimming payments to prescription drug makers, hospitals and other care providers and then hiking taxes.

…In his weekly Internet and radio address Saturday, Obama proposed cutting $313 billion from the programs over 10 years. That’s in addition to the $635 billion “down payment” in tax increases and spending cuts in the health care system that he announced earlier…

…He would cut $106 billion from payments that help hospitals treat uninsured people because his plan would cover nearly every American.

Source

Of course we could suspend our disbelief of Obama’s claim that he can insure 47 million people by cutting Medicare and raising taxes. Now I want someone to explain to me how you can cut Medicare reimbursements to doctors and hospitals and keep the same level of service when in fact the reimbursements are at or below cost to the medical providers? This is outright flim-flam to make such claims.
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Healthcare Reform Flim-Flam”


Gov’t Healthcare Advocates: No Bi-Partisanship Required

-By Warner Todd Huston

There is no mistaking that I stand against a single payer, government controlled healthcare system. The last thing I want is a person with the same attitude as a DMV worker in charge of my health! By now, everyone here has noticed what direction I lean, I’m sure. Nonetheless, I do like to check out what the other side says about what they want, too. This is a report on one of those voices, that of the folks at OpenLeft.com.

Suffice to say, they want socialized healthcare with no private aspect to the system at all. They want all hospitals run by government, all doctors working for government, all research facilities funded and controlled by government. And, if Mike Lux of OpenLeft can be believed, they also want the Republicans to butt out of the whole debate.

This disinterest in the American system of debate, compromise and governance is a typical aspect of the goals of the authoritarian left that is coming on like gangbusters in this healthcare debate. They want socialist healthcare and that is that. They are not interested in capitalism, not interested in freedom, not interested in debate or compromise, not interested in any sort of bi-partisanship… in essence they want a tyranny of the minority. They want the whole cake and they want to eat it, too.

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Gov’t Healthcare Advocates: No Bi-Partisanship Required”


Hello GovernmentCare, Goodbye Personal Privacy

-By Warner Todd Huston

Do you want your government to know that you have bowel troubles? Do you mind if the president can discover if you have erectile disfunction? Would you be out of sorts if your local Congressman could discover if you’d had an abortion? How about if your state comptroller’s office or your governor could discover if you’d had breast implants? Well, a vote for Obamacare is a vote to give away your personal, private, maybe embarrassing medical information.

Do you think this is a silly claim? Well, don’t. In the newly released Obamacare plan, section 3102 titled “Financial Integrity” makes provision for state and federal governments to be able to investigate any medical care provider at any time. This provision gives government the right to look at any record that a doctor has in his files and that means your private medical information. Worse, they may do so without court approval, without a warrant, with no cause stated.

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Hello GovernmentCare, Goodbye Personal Privacy”


Obama Gives U.S.A. an Expiration Date and it’s NOW

-By Warner Todd Huston

In his much ballyhooed speech given in Cairo, Egypt, yesterday, Barack Obama sought to make common cause with the “Muslim world” as if all Muslims are in accord. Of course, this ignores the simple fact that Muslims kill Muslims far more than Muslims even kill others. Still, it’s all well and good to want to make common cause when it is achievable.

There is much to agree with in Obama’s Cairo speech. (Full text here) His rhetoric about freedom of religion and the American success story is right on. There is also much to quibble with, especially that he seems to assume a moral equivalence between all parties in the conflict between the west and that “Muslim world.”

There is, however, one line in his speech that reveals what he thinks of us and where he thinks we should be as a nation. And that “where” is down.

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Obama Gives U.S.A. an Expiration Date and it’s NOW”


The media hate the truth, and they lie on behalf of Obama

-By Marie Jon


“He who hates, disguises it with his lips, and lays up deceit within himself; when he speaks kindly, do not believe him, for there are seven abominations in his heart.”Proverbs 26:24, 25

There is a helpless, sinister sense that seems to be hanging like a heavy weight over the country. One can compare the emotion to that of a death of a loved one — America.

Many astute individuals are beginning to understand that something very different from changes of the past is happening to their country. The Democratic National Committee has adopted an extreme, radical-left ideology. It no longer represents the party our parents remember. It would be more aptly renamed the Democratic Socialist Party.

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The media hate the truth, and they lie on behalf of Obama”


Could Obama’s Left Wing Flap him to Death?

-By Warner Todd Huston

Naturally from our vantage point, Barack Obama is a left-wing terror as president. To name just a few things, he is turning our system from one of capitalism to one of socialism, he is attempting to undermine the Constitution by placing an activist on the Supreme Court, he is weakening our national security by frittering away the gains of the previous administration and by bending over backwards for our enemies while constantly flipping off our allies, he is looking to destroy our national healthcare system by introducing a disastrous single payer system, and he is attempting to give anti-business unions the power to destroy what is left of the business community that he himself hasn’t gotten around to crushing as of yet. We on the right are alarmed by his trip down the ruinous road that Europe has already well traveled to rueful results.

One would think that the American left (or the anti-American left as the case may be) would be thrilled that their most fantasized about social, political, and economic sledgehammers were being wielded by their Obammessiah. But, one might be surprised to see that the extremists on the left are beginning to rumble in seething anger over the fact that, to date, Obama hasn’t gone fast enough or far enough to the extreme left to suit them. One of these wild-eyed, bomb-throwers has even just called for his resignation.

So, are we beginning to see waning the far left’s love affair with The One? Might this disappointment turn into the sort of lefty outrage that it did with Lyndon Baines Johnson? Will Barack Obama’s left wing flap him to death?

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Could Obama’s Left Wing Flap him to Death?”


Circumnavigating the Rule of Law

-By Nancy Salvato

The last I heard, the United States was not a signatory to the Law of the Sea Convention. Yet back in 1996, under President Clinton, we became signatories to an agreement with the Commonwealth of the Bahamas “concerning a cooperative Shiprider and Overflight Drug Interdiction Program for Joint Operations,” known as the 1996 Shiprider Agreement.

“Based on the principles of international law, respect for the sovereign equality of States and in full respect of the principle of the right of freedom of navigation consistent with the 1982 Law of the Sea Convention,” this agreement was superseded by a more comprehensive agreement in 2004 (US State Department).
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Circumnavigating the Rule of Law”


CA Legislative Office Recommends Dumping SEIU Contract

-By Warner Todd Huston

On the Sacramento Bee website, Jon Ortiz has a blog called “The State Worker” and he’s discovered an interesting little tidbit about the state employees union and the current budget woes that face the Golden State.

It seems that someone in the state’s Legislative Analyst’s Office has wised up and recommended that the state dump the contract the state has with the Service Employees International Union (SEIU) as well as add a third furlough day to state employee’s work month.

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CA Legislative Office Recommends Dumping SEIU Contract”


International Busy Body Laws Waning?

-By Warner Todd Huston

Are we beginning to see the first cracks in the idea of “universal jurisdiction,” the international busy body “law” that said that any nation can arrest the leaders of any other nation and try them for “war crimes”? Let us hope we are, at least.

Now, I’ve always contended that the Nuremberg trials of Nazi war criminals was a mistake. Not because those Nazi scum were innocent, far from it. But, rather, because it set a bad precedent that contended that the “international community” was qualified to capture, prosecute, and punish “war criminals.” This entire concept is made to order if one wants to destroy national sovereignty but not for one much interested in the rule of law. In fact, it is a direct assault on any rule of law because it invites the capricious rule of the mob (by reflecting current world opinion) on just who is and who is not a “war criminal.” Not to mention that the assumption that a world body can make these determinations must as a matter of course preclude any power over its own people by the individual nations involved. The determination of the “world community” will and must supersede national legal rulings — unless those rulings happen to agree with that world opinion which only makes the national decision at best perfunctory and certainly pointless.

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International Busy Body Laws Waning?”


Green Follies: Gov’t Built Solar House Falls Apart

-By Warner Todd Huston

Hailed as a completely self-sustaining building, the solar house at the Troy Community Center in Troy, Michigan was set to open for tours and community use this Summer. Unfortunately, the systems failed to work over the winter, pipes froze, and water burst through the uninhabited structure causing the floors to collapse. As a result, the building sits unused after the hundreds of thousands of dollars wasted on it by government.

This is government waste and folly at it worst, but it is typical of the best government can do. Oh, it’s not the best because anything worked, it’s the best because failure is all one can expect from government when undertaking projects of this nature.

The model house was supposed to be an engineering marvel that would save the planet. But ended up being just a monstrous waste of the taxpayer’s money.

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Green Follies: Gov’t Built Solar House Falls Apart”


Another Example of Central Planning Failure

-By Dan Scott

I find it particularly amusing when liberals proclaim the end of capitalism by their self-righteous actions of micromanaging companies they plan to make the centerpiece of their social responsibility. Of course, since I am not directly affected as an employee or investor, my sense of humor might be lost those who are being manipulated for the so-called benefit of society. Chrysler has become the liberal showcase of what they can do when their “superior intellect” is employed. In Chrysler we have fascism, environmentalism, unionism and redistribution of wealth all mixed into one big bubbling pot of failure. While I do feel for the employees and investors of Chrysler and shake my head at the billions of taxpayer dollars yet to be expended on top of that already wasted, I can’t help but smirk at the inevitable debacle of feel good, we must do something, liberalism. As a conservative, I’m not into the self-righteousness thing of projecting an image to get people to like me or manipulate them into doing what I want.

In show of power, Obama’s political appointees running Chrysler recently slashed the company’s advertising budget in half during the bankruptcy process. It’s rather ironic that the very group of people who depend upon the marketing of their image should make the first blow to Chrysler’s ability to sell the vehicles currently sitting unpurchased on the dealership lots. I’m sure the dealerships appreciate the government for having no interest in moving the existing inventory. Apparently, they believe they must look to the future promises of green cars while ignoring current reality of the 80,000 people employed selling cars. What do they care? Chrysler doesn’t own those cars anyway; the dealerships do and are paying interest on the unsold inventory sitting on their lots. It seems Obama’s flunkies either believe cars will magically sell themselves or the surviving dealerships must be made to share in their cause of wealth redistribution occurring at Chrysler by making them expend more money to offset the loss of advertising.
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Another Example of Central Planning Failure”


The Oprah Winfrey Solution

-By John Armor

I have enjoyed Oprah Winfrey’s work on television since she showed up as the second banana on People are Talking with Richard Scher on WJZ in Baltimore, four decades ago. Now, she is the leading talk show host in the known universe. Although her audience has decreased from nearly 9 million in 2005 to 7.3 million in 2008, she is still the top of her profession.

Oprah’s success demonstrates that several efforts of the current Administration to restrict both freedom of the press, and freedom of speech are both wrong and unconstitutional. There is a proposed bill in Congress which would institute government controls on contents on the Internet. The FCC is pursuing two efforts, called respectively “diversity” and “localism.”
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The Oprah Winfrey Solution”


EFCA: This is Lunacy

-By Warner Todd Huston

Patrick McIheran has a short piece on the Milwaukee Journal Sentinel’s website that is a pretty good read. I think you should all check it out in its entirety here.

The piece has several links to other articles in it, but the main point is about the overgenerous and unfunded pension plans that unions all across the country have been foolishly allowed to negotiate. These pensions are simply untenable and always were but most businesses and unions kept kicking this can down the road until it is finally hit a dead end.
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EFCA: This is Lunacy”


If you Don’t Like Your Uncle Sammy… Get OUT!

1915 was about the last time America had the right idea about its immigrants and this song from that era is emblematic of that: assimilate or get lost. Don’t Bite the Hand That’s Feeding You, words by Thomas Hoier and music by Jimmie Morgan, first became popular in 1915 and expresses just that theme. This version was recorded on Edison Records by Walter Van Brunt aka Walter Scanlon.

The basic theme of the tune tells ungrateful immigrants that if they’ve come to hate the United States, their adopted home, then they can get the heck out and go back to the armpit nation from which they came. We don’t need them here.

Unfortunately, too many Americans are afraid to tell ungrateful whiners that want to complain about the U.S.A. to take a hike these days. It’s all about being afraid of immigrants, now. Well, I say we should play this song and takes its message to heart.

So, here it is Don’t Bite the Hand That’s Feeding You.

The sad thing is one of our national parties has built itself on refashioning its members as American ingrates. If this theme were to be applied every Democrat in the country would have to leave!


The President leads America under the guidance of his own destructive beliefs

-By Marie Jon


After a hundred days of Barack Hussein Obama’s presidency, sadly we are finding out the meaning of Obama’s slogan “Change We Can Believe In,” followed by the mantra, “Yes. We. Can.” We now know the meaning of these slick words.

In just three and a half months, we’ve seen Obama yank our country hard to the left — so far to the left, in fact, that we’re fast becoming a socialist nation, along with everything that it implies.

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The President leads America under the guidance of his own destructive beliefs”


Obama Official Says U.S. ‘Not Perfect’ in Human Rights at U.N. Panel Meeting

-By Warner Todd Huston

In keeping with the America denigrating tone set by president Obama, the U.S. Ambassador to the U.N., Susan Rice, told participants of the United Nations Human Rights Council that the U.S. has “not been perfect ourselves” on human rights issues.

Rice was discussing the pending membership of the United States on the U.N. Human Rights Council which has such human rights loving states as China, Cuba, Saudi Arabia, Jordon, Nicaragua, Egypt, and Pakistan as members. With members of such high standards, it is no wonder that Ambassador Rice felt the need to apologize for the U.S.A.

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Obama Official Says U.S. ‘Not Perfect’ in Human Rights at U.N. Panel Meeting”


Union Local’s Sham Expenditures? $93,755 on ‘Computer Services’?

-By Warner Todd Huston

Larry Seale of First Transit Employee Rights Blog found an odd expenditure for Los Angeles based Amalgamated Transit Union (ATU) Local 1277 early this month. The vexing question here is why would a Local union office need to spend $93,755 on “computer services”? What are they doing, rebuilding flight control for NASA?

On the Local’s LM-2 form, a financial disclosure form required by the federal government, the payout of “computer services” is listed as having been paid to a Doc Fixit, Inc of Santa Clarita, California. $93,755 is an awful lot of money for ”computer services” unless one was fitting an entire TV station, or starting up a printing company or some such major effort. But for sure that sort of money should be thought far and above what might be needed for a simple union Local’s offices.

Seale got curious when he saw the generous expenditure and tried to look up this Doc Fixit, Inc but couldn’t find a listing for it anywhere. It’s as if no such company exists. So where did this money go? What did it buy the Local? And where is this mysterious Doc Fixit, Inc computer company?

Something seems pretty fishy in L.A., doesn’t it?

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Union Local’s Sham Expenditures? $93,755 on ‘Computer Services’?”


The America Hating Kids Enviro Video Coming Soon to Your School

-By Warner Todd Huston

A new propaganda video created by an extreme environmental activist is making its way into America’s classrooms and The New York Times loves the whole idea. Enviro obsessive Annie Leonard, Greenpeace member and activist, has created a 20 minute video filled with anti-capitalist, anti-American propaganda to encourage kids to eschew “stuff,” calling the presentation “The Story of Stuff.”

Leonard’s propaganda piece is so anti-American she even begins her video by saying that her “friends” say she should describe the United States by using the symbol of a military tank because “it’s true in many countries and increasingly in our own.” And why is a tank “increasingly” the symbol of the USA? Because “more than 50% of our federal tax money is going for our military.” Naturally, this misleading propaganda doesn’t mention that a large portion of that federal military spending ends up going to the weekly pay and health care of our soldiers, something apparently Ms. Leonard is against. She goes on to say that a government’s job is to “take care of us, that’s their job.” Here she is trying to promote dependency and proves that she has no clue what a government is really for — especially in the U.S. system.

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The America Hating Kids Enviro Video Coming Soon to Your School”


Happy Talk

-By Dan Scott

Recently a number of overly rosy pronouncements have been coming out of the Whitehouse in an attempt to talk up the economy and consumer confidence. In the corporate world, putting a brave face on a bad situation is called Happy Talk. The CEO comes out with the pep talk to boost flagging employee morale to keep up productivity and key employees from jumping ship. The positive spin can be come from true concern for the drag on team spirit that would make the difference between success and failure through vision and teamwork. The overly positive spin is done cynically in the knowledge the company leadership has made some bad decisions which are about to have very negative consequences and is done to prevent employees from taking any action to protect themselves. Many things can sink a company, poor attitude, low morale, bad decisions, natural disasters and fraud among the many, but how you characterize the situation speaks volumes as to your intent. In the corporate world, the dividing line between Happy Talk and vision is denial, ignorance and deception.

The Tim Geithner Stress Test for the Banks is an example of such Happy Talk. The results were positively optimistic and a number of banks were told to increase their reserves just in case there was an unexpected drop in the economy. What Geithner and the MSM didn’t say was there are other independent companies who regularly evaluate the health of banks beyond the FDIC conducting periodic evaluations of the banking industry. One such company is called Institutional Risk Analytics (IRA). IRA rates banks via an index based on the year 1995 being a rating of 1. The relative strength of the institution drops as the index number increases.
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Happy Talk”


New Study: America’s Most Liberal States Rank Least Free

-By Warner Todd Huston

According to a new study released by the Mercatus Center of George Mason University, some of our most liberal states rank at the bottom in a measure of personal freedom. “Freedom in the 50 States, an index of personal and economic freedom,” finds the most free states to be first New Hampshire, then Colorado, followed by S. Dakota, Idaho, Texas, Missouri, Tennessee, Arizona, Virginia and N. Dakota.The bottom ten least free states in the U.S. are (in descending order) Connecticut, Illinois, Massachusetts, Washington, Hawaii, Maryland, California, Rhode Island, New Jersey, and bringing up the bottom is New York.

It is striking that some of the most Republican states are the most free and all the least free are Democrat states, isn’t it? (2008 Election Map)

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New Study: America’s Most Liberal States Rank Least Free”


Labor Shying from Supporting New Dem Specter?

-By Warner Todd Huston

Andy Stern, president of the Service Employees International Union (SEIU) appears to be warning his membership that there is no lock on allegiance for Arlen Specter even though he has recently jumped the GOP ship for the Democrat Party.

On May 3, Stern used his twitter account to praise Congressman Joe Sestak, a possible 2010 opponent for Specter for the Democratic Party nomination for Penn. Senator.

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Labor Shying from Supporting New Dem Specter?”