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ONLINE EXCLUSIVE
Kids’ health insurance law is immoral
President Obama continues plunging the U.S. toward socialism, most recently by signing the S-CHIP bill into law.
This law – like all socialist laws – is immoral. In this particular case, it forces individuals to pay for the health insurance of people for whom they have no responsibility.
People who want health insurance for themselves or their children should pay for it themselves or receive it peacefully (e.g., from willing relatives or from private charity), not point the guns of government at their neighbors to force them to pay.
The proper role of government is to protect every individual’s moral right to life, liberty and the pursuit of happiness. As such, it is an especially loathsome perversion when government violates individual rights by employing the initiation of force (violence) to rob Peter and pay Paul.
As Thomas Jefferson understood, “Law is often but the tyrant’s will, and always so when it violates the rights of the individual.”
Mark Kalinowski
New York, N.Y.
Obama presidency
off to shaky start
After two weeks in office, an approval rating losing 30 points and about to drop under the critical 50 percent mark, there is serious doubt President Obama could win the election if it were held now.
While normal for new presidents to lose popularity points in office, this is unprecedented.
Listening to late-night talk radio, where the few liberal hosts on the air are heard, you will wonder if George Bush and Dick Cheney are still in office. They cannot let go and deal with Obama reality.
These all say the Obama presidency is off to a poor start.
The U.S. Treasury starts auctioning seven year T-bonds at the end of the month. Given “The worst economy in 50 years” lyric of the Democrat marching songs, it remains to be seen what interest rate will have to be offered to attract foreign money – the only kind we have not exhausted.
China recently announced it is “less to not” interested in our debt equities, a fact underreported in the pro-Obama press. Thus, we expect the coming auctions to be eye-opening to those who understand money, banking, world currency trading and inflation.
Democrats want to borrow several trillion dollars and dispense it through new bureaus with the first of that money appearing in the economy in one to two years. According to House Democrat Majority Leader Steny Hoyer, every dollar delivered as a federal benefit costs $1.76. The efficiency is 56 percent.
Tax cuts are 100 percent efficient, immediate and can be permanent. If business knows future tax rates, it can, and will, plan. JFK, Ronald Reagan and George W. Bush all used tax cuts with great positive, instantaneous, inexpensive, efficient effect.
Congressman Barney Frank wailed on “This Week with George Stephanopoulos”: “Tax cuts never put a policemen on a beat” and on through a list of wonderful things government does. But that is not true because tax cuts increased government revenues every time. But expanding the economy reduces the relative size and importance of government and that is what socialists hate.
Adrian Vance
Lakeport, Calif.