Saturday, March 20, 2010

The Ultimate Paradox

E.J. Dionne: 'Here is the ultimate paradox of the Great Health Care Showdown: Congress will divide along partisan lines to pass a Republican version of health care reform, and Republicans will vote against it. Yes, Democrats have rallied behind a bill that Republicans -- or at least large numbers of them -- should love. It is built on a series of principles that Republicans espoused for years. Republicans have said that they do not want to destroy the private insurance market. This bill not only preserves that market but strengthens it by bringing in millions of new customers. The plan before Congress does not call for a government 'takeover' of health care. It provides subsidies so more people can buy private insurance. ... The single-payer idea fell by the wayside long ago, and supporters of the public option -- sadly, from my point of view -- lost out last December. ... Democrats, including President Obama, are so anxious to get everyone health insurance that they are more than willing to try a market-based system and hope it works. It's a shame the Republicans can no longer take 'yes' for an answer.'

Tuesday, March 16, 2010

An Simple Mans Description Of America's Financial Situation



The sun is beating down, and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich tourist from back east (China) is driving through town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit. The hooker rushes to the hotel and pays off her room bill with the hotel owner. The hotel proprietor then places the $100 back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything. No one earned anything. However, the whole town is now out of debt and now looks to the future with a lot more optimism. And that, ladies and gentlemen, is how the United States Government is conducting business today.




“Honesty is not something you should flirt with-You should be married to it.”
















--
Be Funny If You Can

Monday, March 15, 2010

The Showdown Is Coming

China has succumbed to hubris. It has mistaken the soft diplomacy of Barack Obama for weakness, mistaken the US credit crisis for decline, and mistaken its own mercantilist bubble for ascendancy.

Sunday, March 14, 2010

Want A Great Country Home?



Check out my 80 acre farm in Eastern Oregon! It's for sale - $550,000 USD