Listen to RFC Radio Right HERE!

Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt


Friday, November 20, 2009

Mounting evidence of going "Galt"

I couldn't agree more. The problem is, it couldn't be more depressing:
With the threat of this administration and congress, what is the possible motivation for anyone with ideas and capital to invest their time, talent and money into a risky endeavor? There appears to be none. In fact there appear to be powerful incentives not to invest any time and treasure -- thus an economy with almost zero creative inertia.

For Obama voters, almost zero creative inertia means almost no one is having bright ideas, starting businesses based on them and hiring employees to help share the dream.
Sadly this Administration just doesn't get it. This is exactly why the economy isn't recovering. As a small business owner I would love to make some changes, maybe even hire someone, but with all the unknown variables there is no way that is going to happen. This Administration is not only sucking the life out of me, but with all the turmoil, mounting deficits with no end in sight and a clear desire to grab as much power as possible with little concern for what America wants-well, I and millions of other small business owners will maintain the status quo. I would never give the government the satisfaction of taking what I have worked so hard to achieve. I'll stop doing it before that will happen.

Thursday, November 19, 2009

Smoke and Mirrors? More like Smokin' Crack...

In what can only be described as the biggest lie told........today, Senate Majority Leader Harry Reid claims his new healthcare bill will cost $$848 billion in the first 10 years.
Senate Majority Leader Harry Reid claims that his health care bill costs about $848 billion in the first 10 years, well under President Obama's $900 billion target.

That's for 10 years of revenue-gathering, but only six years of service, according to the analysis by the Congressional Budget Office.

Adding in expenses beyond the 10-year mark drastically skews the overall cost, making the $848 billion a mere fraction of the long-term price tag of overhauling America's health care system -- and that's if no changes are made to the legislation during that time
This is ridiculous. They will pass something the majority of the American people do not want with lies and falsehoods. It's bad enough that they can never stick to a budget to begin with, but the chances of them not adding to it and not changing legislation over the years is negative eleventy-trillion-gazillion. The truth is, not only are there no cost savings in the bill (again, just because you are paying less doesn't mean it costs less) but in fact in the first ten years of actual spending, the costs explode and go up to around $2.5 trillion.

Smoke and mirrors indeed........

Could lose confidence?

President Obama warns there could be a double dip recession at some point as "people could lose confidence in the U.S. economy."



They could lose confidence? Are you kidding me? If you can't see that they already have, then this country is in even trouble than I thought.

(H/T GatewayPundit)

Wednesday, November 18, 2009

The Dean of Harvard Medical School agrees with Conservatives

I'm not shocked. Are you?

Health 'Reform' Gets a Failing Grade
Speeches and news reports can lead you to believe that proposed congressional legislation would tackle the problems of cost, access and quality. But that's not true. The various bills do deal with access by expanding Medicaid and mandating subsidized insurance at substantial cost—and thus addresses an important social goal. However, there are no provisions to substantively control the growth of costs or raise the quality of care. So the overall effort will fail to qualify as reform.
Go read the whole thing. It's what we've been saying for months.

Put taxpayer money where your mouth is.

Democrats are grasping at straws to suddenly become the party of fiscal responsibility, while at the same time increasing the federal debt exponentially-which is an oxymoron.......or maybe just moronic. Either way.

Last week the Dems came up with the fantastic idea that they could pay down some of the federal deficit by using TARP funds-yeah, moronic. This week they are balking at South Dakota Senator John Thune's suggestion of ending TARP. You know TARP, that which will surely become a permanent slush fund if allowed to continue beyond the set ending date of December 31 of this year. Funny enough Dems would even consider extending what was billed and written as a temporary, emergency move to stop failure of the perceived "too big to fail" financial institutions.
The Republican yesterday introduced a bill that would bar Treasury Secretary Timothy Geithner from extending the $700 billion Troubled Asset Relief
Program beyond its expiration date on December 31. The legislation would not
affect the roughly $400 billion worth of handouts that remain with the likes of
Citigroup or General Motors. It would, however, halt further lending and
immediately return the fund's $300 billion in unobligated money to taxpayers.

The White House keeps claiming it wants to do just that, but Mr. Geithner
also refuses to rule out signing a TARP renewal. What the Administration won't
say is that it likes retaining a slush fund that can be doled out carte-blanche
to politically worthy recipients. Only this week AFL-CIO President Richard
Trumka dreamed up a new use for TARP money, demanding it be recycled into
favored community banks or small businesses. This is how an emergency bailout
program morphs into a White House's "walking around" money.
Just one of the billion-trillion reasons why we should never take the government at their word. How's that deficit neutral, possibly even deficit lowering Healthcare Bill looking now-especially once you realize it will cost $289 Billion dollars.......

They waste $98 Billion-but they want to control the Healthcare system

In a newly released financial report about 5 percent of spending in federal programs for fiscal year 2009 was improper. While this is not particularly shocking news by itself, it should be a huge red flashing warning light as just another reason why the government has no business running something as large and problematic as healthcare. At this point most of the waste and fraud is coming from the healthcare that the government is already running with report listing payments of roughly $36 billion to Medicare as questionable or fraudulent.
More than $98 billion in taxpayer dollars spent by government agencies was wasted, much of it on questionable claims for tax credits and Medicare benefits, representing an increase of $26 billion from the previous year.

In all, about 5 percent of spending in federal programs in fiscal year 2009 was improper, according to new details of a government financial report that were released Tuesday. Saying the overall error rate was similar in 2008, officials attributed the $26 billion jump to some changes in how to define improper spending as well as an increase in overall spending due to the recession.
I realize one big caveat of this Administration is the tons of savings that come from eliminating waste and fraud from these programs. As always I must ask, if we can save so much money by eliminating this waste and fraud why don't we just eliminate the waste and fraud FIRST? It is ridiculous that the government wants us to believe that they, who have never run a fiscally sound program or entity, will do a better job with healthcare for an entire country.......