Lou Dobbs discusses the insane bill passing through Congress on amnesty for illegal aliens.
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Lord Christopher Monckton speaks on October 14th, 2009 at a climate skeptic event sponsored by the Minnesota Free Market Institute.
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Our country faces record deficits, the highest un-employment rate in 60 years and is headed straight into the financial abyss due to reckless spending and over consumption.
Yet, Obama says it is urgent that we pass “health care reform”.
Every financial analyst familiar with the health-care proposals expresses concern about the additional debt these proposals represent. Even the Congressional Budget Office says the cost of these proposals is much more than is being portrayed by the administration.
What does Obama say? He says it will be “budget neutral”. And that is where the fairy tale begins; at the beginning.
Rather than halt the economic slide and put measures in place to nurture job growth and get the economy back on track, President Obama and the Congress are now engaged in jamming through a health-care plan that will be the biggest “entitlement” program the United States has ever seen.
Granted our health-care system needs to be overhauled. Rising costs, decreases in coverage and increasing complexity, fraud and abuse need to be brought under control. However, assuming that the government is capable of handling this monumentous task is like believing in fairy tales and Santa Claus.
We just went through a “government stimulus“, the TARP bailout, and a “Cash For Clunkers” program that left people wondering what really happened to the money.
The government admits that:
- They don’t know where all the stimulus money went
- Recovery.gov figures are inaccurate (after spending $18 million on a “web site upgrade”)
- They don’t have a way to track jobs created by the stimulus (other than guessing)
- They didn’t forsee big employee bonuses in TARP
- They don’t read the legislation they pass
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Instead of revising the critical, but terribly mis-managed Medicare system, every year congress has passed stop-gap legislation that PREVENTS automatic cuts in payments to Medicare Doctors. These cuts were congress’ brainchild to reign in Medicare expenditures. And every year congress has chosen to ignore them.
Actually, not allowing the cuts is a good thing. The compensation provided to Medicare Doctors is woefully inadequate and trimming another 21% from doctor payments is a terribly bad idea.
The issue here is NOT whether the automatic cuts should be eliminated – they should. The problem is the “Doctor Fix” is handled as separate legislation and these health-care costs are NOT being included in the budgets of either the House or Senate version of the government-run health care plan.
WASHINGTON (Reuters) – The U.S. House of Representatives voted on Thursday to boost Medicare payments to physicians in a move that could help shore up support from doctors for a sweeping Democratic-backed healthcare overhaul.
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