I was going to write about this in my blogs today, but since Mike Shedlock already said it, and said it about as well anyone could have... I will let him do the talking. The following is an open letter to President Obama on Mike Shedlocks' excellent blog today (Link here to original article). I think it needs to be repeated, and often, and shouted from the rooftops.
I give you Mike Shedlock:
Open Letter to President Obama on Healthcare and the Economy
Dear Mr. President,
Wednesday evening we heard you address the nation on health care and the economy. I was hoping to hear some tough answers to tough questions. Instead we were treated to one hour of tap dancing on eggshells where it seemed your primary intent was not to break any eggs.
You spoke of the need for sacrifices but failed to mention any. You said Medicare benefits would not be reduced and everyone would be covered.
Mr. President where are the sacrifices? By who?
The press seemed concerned with a fear of rationed health care. Some republicans have raised the issue as well.
Mr. President I am concerned there will be no rationing of health care. It is axiomatic that there is unlimited demand for free services.
Here are some tougher questions I am sure everyone would like to know.
Will the plan cover a transplant procedure with a $50,000 cost for someone who is 80 years old with a life expectancy of two years? One year? Who decides? Or is everything free for everyone regardless of the odds of success?
Will the plan cover fertility treatments? Abortion?
Will the plan address issues that arose in the Terri Schiavo case?
To what extent must doctors provide generics instead of prescription drugs?
Mr. President, unless something is done to rein in costs taxpayers will be footing the bill for a lot of things they shouldn't. In every county that has a single payer system, there is come degree of rationing.
Somehow you have us believe benefits will not be reduced, everything will be covered for everyone, there will be no rationing and somehow health care will cost less because of reduced paperwork. Mr. President, no one believes that, not even the nonpartisan Congressional Budget Office.
Mr. President, to prevent costs from spiraling out of control rationing is mandatory. Unfortunately, you do not have the courage to admit it. Yet until you do, it can't happen.
Mr. President, a heart operation in the US might cost $100,000 whereas the same operation in India, in a world class hospital might cost $20,000. Will we fly people to India for non-emergency medical operations if they save taxpayer money? If not, why not? Shouldn't the primary concern be getting the most benefits for the least cost?
Mr. President, you noted that the AARP and doctor's groups were in favor of your plan. You failed to mention the $245 billion "sweetener" it took to get them to do so. Moreover, you did not even count that $245 billion while calling your plan "budget neutral".
Mr. President, with numerous states blowing up over the issue, it should be clear the US cannot afford the defined benefit programs promised government workers. Starting with Congress, what is your proposal pension reform?
Similarly, when does Congress share the pain of this recession?
Mr. President, you called the cancellation of additional F-22 planes a victory. This strikes me as odd given the Pentagon does not even want more of them. Why is canceling a military program that the military does not want such a big victory?
Mr. President, the savings on the F-22 program is $2 billion. The 2010 Pentagon budget is $534 billion, a $21 billion, four percent increase over 2009. Total defense spending is $780 billion. Mr. President, is this sustainable?
Mr. President, history is replete with examples of great nations spending themselves into oblivion attempting to maintain their empires. It should be crystal clear the US can no longer afford to be the world's policeman. So, Mr. President, when will you start bringing the troops home from Europe, Japan, and the Mid-East?
Mr. President, I did not vote for you nor did I vote for Senator McCain. I voted for Ron Paul. However, I did expect and frequently said that I expected you to get some things correct.
Instead, I see you carrying out the same failed stimulus and bailout plans of President Bush. You promised transparency on spending and did not deliver.
The proposal to Audit The Fed is languishing in Congress even though it has overwhelming support of both Congress and the public. You broke a promise to release details of military torture. Where are significant charges against anyone? I was positive you would handle the torture issue correctly, but I was wrong.
Mr. President, you placed your faith in the same set of folks at the Fed and Treasury as President Bush, in spite of the fact they all failed to see this coming.
Mr. President it frequently appears as if Goldman Sachs is running your administration just as it ran the last.
Mr. President, other than a sketchy health care plane with no details and no cost constraints, exactly what change have you delivered?
Thank you Mr. President, now can we have some answers please?
Mike "Mish" Shedlock
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The recklessness with which the Obama Administration has approached healthcare in America is UNFORGIVEABLE. Where is the Cost/Benefit analysis? (I want HARD NUMBERS, not more speech.)
Ahhh, but there will be no hard numbers. This is a POWER GRAB. Numbers would only get in the way of the Agenda of The Powers That Be.
LibertarianAnimal (at) gmail (d0t) com
Thursday, July 23, 2009
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6 comments:
Kind of funny how Mr. Shedlock is now the "starter" of more and more of your postings, and that you seem to have come to the conclusion that my favorite Libertarian (Mr. Shedlock) has come to about the deflation going on in this country (kind of makes me sad to be a Democrat when the man just seems to make so much sense). :)
I hope you'll get your friend Mad Scientist, who to this day refuses to believe that deflation is now ongoing in the U.S., has argued with me for months about the (hyper)inflation he instead sees coming in the near term, and has started not posting anything that differs from his opinion on anything. You sure this guy works with you?
The stock market is rising, the dollar is falling, oil is creeping up again. Inflation will not be far behind. The inflation we will see will mostly be in things that we either import or export a lot of. These will be food and oil to start.
Because there is no housing bubble, a major path to repatriate all those trade deficit dollars has been eliminated. There are still Treasuries... The housing bubble was a way to bring the money home and protect the value of the dollar even though our balance of trade has been awful for decades. The government promoted and encouraged it for this purpose.
The new inflation will not be driven by excess demand. There is none. Instead, it will be driven by a falling dollar, as the dollar seeks a level where a trade balance will occur. Look for a further drop in oil imports.
Regards,
Coal Guy
Of course Obama is lying about the healthcare plan. It is his obligation to lie in order to have it pass. It is the proper Socialist thing to do. We are too dumb to take car of ourselves, and if it takes a lie or two to get this thing passed, it's all for the greater good.
"Anything is moral which furthers the construction of Socialism."
-- Leonid Brezhnev 1977
Regards,
Coal Guy
I agree, Obama hasn't grasped any of the nettles.He's trying to progress his agenda without dealing with the issues; adding layers of complexity rather than fixing the underlying problems.
But what would happen if he spoke the truth? The USA is broke. The US military is bankrupt, financially and morally. Greed has infected every aspect of public and private life. The education system is failing. The Fed's economic policy relating to dollar seems to be The Zimbabwe Model. The healthcare system isn't working for 40% of the population without insurance. The US per-capita incarceration is 10 times Europe's, and still the murder rate is, what, 30 times as high (Is that the definition of a failed policy?). And of course Peak Oil will probably destroy forever that non-negotiable 'American Way of Life'
So which 'truths' would you like Obama to talk about, and how far would he get?
Donal,
More lying will not fix anything. You've been reading too much American press, which gave up on journalism decades ago. Even they are getting a bit testy with Obama's antics.
The end does not justify the means. It's lies and obfuscation that got us here. More will not get us out.
Regards,
Coal Guy
Coal Guy;
That's what I'm saying. But which politician would survive a week of truth? How far would 'truth' get in either House? What would happen to the markets if people started talking 'truth'?
I think it's naive to think that suddenly politicians (or bankers, or newspapers, or just about anybody) will suddenly start speaking the truth.
Or that that's what the public want to hear. It's not; they want reassurance, obfuscation and lies.
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