Wednesday, October 26, 2016

CBS anchors on Obamacare: "What just happened?"

This clip, via Hot Air, encapsulates everything I hate about the mainstream media.  It was the media's job to report on the trainwreck known as Obamacare in an objective manner, weighing the cost and benefits, and the likely long-term effects.  Now they're bewildered at the consequences predicted years ago by people who understand economics and human nature.

Monday, October 24, 2016

There's no talking to this guy

Bloomberg: "Why Obama Won’t Listen to Reason on Obamacare."  "One of President Obama’s cherished conceits is that disagreement with him can have no rational basis, and it was the theme of his most recent speech in defense of his health-care law."

A while ago, I wrote that if you want to understand Obama, look at everything through the prism of his ego.  His signature legislation cannot be failing and the fault must lie somewhere else.

Sunday, October 23, 2016

Friday, October 21, 2016

Garbled message

Hot Air: "Obama: ObamaCare is like a defective cellphone, or something."  Ed Morrissey retorts:
In other words, this is the Samsung Note 7, only worse. Imagine that the Affordable Cellphone Act had mandated that all cellphones operate like the Note 7, but the prices increased from $700 in Year One to $1,292 in Year Four without any improvement in quality or service. Now imagine that consumers have to pay for the first 5,000 minutes out of pocket before getting free coverage, and that if they actually try to use it, the phone has an almost-even chance of catching fire in their pockets, but that the only response from the White House is to try to get Congress to offer a subsidy for Neosporin. Now we have an actual analogy to ObamaCare.
Don't forget that you won't be able to actually make a phone call.

Thursday, October 20, 2016

Man, you Republicans really screwed up Obamacare

Twitchy: "Wow, Obama’s REALLY desperate to get Republican fingerprints on O-care train wreck."

Yeah, I was

I was less-surprised that no real answers were offered.  Hot Air: "Was anyone else shocked when the deficit was actually mentioned in the debate?"  "If we get a fresh chance to do this again in two or four years, perhaps we could get back to a serious discussion of the fact that our country is going bankrupt. Both parties have contributed to this sorry state of affairs and neither is putting a serious proposal on the table to change that reality."

Wednesday, October 19, 2016

Winner of the debate: Chris Wallace

I thought he was, to coin a phrase, fair and balanced.  I was very happy to hear - for once - a question about runaway entitlement spending and the effect on the national debt.  I was less thrilled with the answers which did not address the problem at all.  And away we go....

Iran wants more untraceable cash

Fox News: "Iran seeking 'many billions of dollars' in ransom to free US hostages."

Whatever gave them the idea we would pay ransom for hostages?  Oh, yeah, that $1.7 billion delivered on shipping pallets.

Tuesday, October 18, 2016

HuffPost is gonna HuffPost

From "Social Security Beneficiaries Are Getting A Modest Raise — But Many Say It’s Not Enough"
Some seniors react to the COLA as if it were a policy crafted by lawmakers, expressing anger at elected officials when, as was the case this past year, they do not get a yearly increase.
In reality, the size of the COLA is not in politicians’ hands. Designed to keep inflation from eroding benefits, the COLA is automatically based on growth in the consumer price index designed for wage earners and clerical workers, a metric known as the CPI-W. A year-over-year rise in the CPI-W means an increase in benefits for Social Security recipients.
However, that doesn’t mean progressive groups are engaging in empty political posturing. To be sure, they are using the meager COLAs to advance their larger argument that Social Security benefits are too modest, particularly in light of the growing role the program plays in providing retirement security.
So there's this government program and the rise in benefits is dictated by the current law which is based on the inflation rate.  The inflation rate has been historically low, so the rise in benefits is low.  But that's no fair!  And it's not political posturing - perish the thought.

The answer, of course, is to raise the Social Security tax rate so that seniors can receive more generous benefit hikes.  And since SS is universal program with a flat tax rate, this tax hike would apply equally to all income.  What do you say, Bernie Sanders?  Let's have a tax hike for everyone.

Monday, October 17, 2016

Everybody act surprised, election-year edition

Hot Air: "Surprise: 96% of campaign contributions of more than $200 by people who work in news media have gone to Clinton."

Don't worry: unlike you mortals, journalists have the super-human ability to act objectively and put personal feelings aside in the interest of the free press.

Extra - You'll get whiplash from this Chris Cillizza turnaround.