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Election Season 2014

And it has brought us to this trainwreck called ObamaCare and we have bankrupted our kids and grandkids!

We are now headed into the 2014 Election Season and common sense and conservatism are on the rise. Please stand-up and be counted!

Reading Collusion: How the Media Stole the 2012 Election is a great place to start!

The Founding Father's Real Reason for the Second Amendment

And remember the words of Thomas Jefferson "The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." See Video of Suzanna Gratia-Hupp’s Congressional Testimony: What the Second Amendment is REALLY For, below (u-tube HERE).

The Leaders Are Here... Palin, Cruz, Lee, Paul, Chaffetz....

T'S A WONDERFUL LIFE

Can You Really Still Believe That None of These People Would Have Done a Better Job???

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Showing posts with label coming inflation. Show all posts
Showing posts with label coming inflation. Show all posts

Wednesday, August 19, 2009

Support Whole Foods Markets and Free Speech

AUG 15 2009 POSTED BY GARYFOUSE - Cross-posted by Gary Fouse fousesquawk

wholefoods081707

My fellow blogger, Hamilton Roberts, has alerted me to a boycott that is being formed by left-wing ObamaCare proponents against Whole Foods Markets. Why would they boycott a market? Because their CEO, John Mackey, has just written an op-ed in the Wall Street Journal opposing government health care. Here is the article dated August 12 below:
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The Whole Foods Alternative to ObamaCare

By JOHN MACKEY

“The problem with socialism is that eventually you run out of other people’s money.” —Margaret Thatcher

With a projected $1.8 trillion deficit for 2009, several trillions more in deficits projected over the next decade, and with both Medicare and Social Security entitlement spending about to ratchet up several notches over the next 15 years as Baby Boomers become eligible for both, we are rapidly running out of other people’s money. These deficits are simply not sustainable. They are either going to result in unprecedented new taxes and inflation, or they will bankrupt us.

While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system. Instead, we should be trying to achieve reforms by moving in the opposite direction—toward less government control and more individual empowerment. Here are eight reforms that would greatly lower the cost of health care for everyone:

• Remove the legal obstacles that slow the creation of high-deductible health insurance plans and health savings accounts (HSAs). The combination of high-deductible health insurance and HSAs is one solution that could solve many of our health-care problems. For example, Whole Foods Market pays 100% of the premiums for all our team members who work 30 hours or more per week (about 89% of all team members) for our high-deductible health-insurance plan. We also provide up to $1,800 per year in additional health-care dollars through deposits into employees’ Personal Wellness Accounts to spend as they choose on their own health and wellness.
Money not spent in one year rolls over to the next and grows over time. Our team members therefore spend their own health-care dollars until the annual deductible is covered (about $2,500) and the insurance plan kicks in. This creates incentives to spend the first $2,500 more carefully. Our plan’s costs are much lower than typical health insurance, while providing a very high degree of worker satisfaction.

• Equalize the tax laws so that that employer-provided health insurance and individually owned health insurance have the same tax benefits. Now employer health insurance benefits are fully tax deductible, but individual health insurance is not. This is unfair.

• Repeal all state laws which prevent insurance companies from competing across state lines. We should all have the legal right to purchase health insurance from any insurance company in any state and we should be able use that insurance wherever we live. Health insurance should be portable.

• Repeal government mandates regarding what insurance companies must cover. These mandates have increased the cost of health insurance by billions of dollars. What is insured and what is not insured should be determined by individual customer preferences and not through special-interest lobbying.

• Enact tort reform to end the ruinous lawsuits that force doctors to pay insurance costs of hundreds of thousands of dollars per year. These costs are passed back to us through much higher prices for health care.

• Make costs transparent so that consumers understand what health-care treatments cost. How many people know the total cost of their last doctor’s visit and how that total breaks down? What other goods or services do we buy without knowing how much they will cost us?

• Enact Medicare reform. We need to face up to the actuarial fact that Medicare is heading towards bankruptcy and enact reforms that create greater patient empowerment, choice and responsibility.

• Finally, revise tax forms to make it easier for individuals to make a voluntary, tax-deductible donation to help the millions of people who have no insurance and aren’t covered by Medicare, Medicaid or the State Children’s Health Insurance Program.
Many promoters of health-care reform believe that people have an intrinsic ethical right to health care—to equal access to doctors, medicines and hospitals. While all of us empathize with those who are sick, how can we say that all people have more of an intrinsic right to health care than they have to food or shelter?
Health care is a service that we all need, but just like food and shelter it is best provided through voluntary and mutually beneficial market exchanges. A careful reading of both the Declaration of Independence and the Constitution will not reveal any intrinsic right to health care, food or shelter. That’s because there isn’t any. This “right” has never existed in America~

Even in countries like Canada and the U.K., there is no intrinsic right to health care. Rather, citizens in these countries are told by government bureaucrats what health-care treatments they are eligible to receive and when they can receive them. All countries with socialized medicine ration health care by forcing their citizens to wait in lines to receive scarce treatments.

Although Canada has a population smaller than California, 830,000 Canadians are currently waiting to be admitted to a hospital or to get treatment, according to a report last month in Investor’s Business Daily. In England, the waiting list is 1.8 million.

At Whole Foods we allow our team members to vote on what benefits they most want the company to fund. Our Canadian and British employees express their benefit preferences very clearly—they want supplemental health-care dollars that they can control and spend themselves without permission from their governments. Why would they want such additional health-care benefit dollars if they already have an “intrinsic right to health care”? The answer is clear—no such right truly exists in either Canada or the U.K.—or in any other country.

Rather than increase government spending and control, we need to address the root causes of poor health. This begins with the realization that every American adult is responsible for his or her own health.

Unfortunately many of our health-care problems are self-inflicted: two-thirds of Americans are now overweight and one-third are obese. Most of the diseases that kill us and account for about 70% of all health-care spending—heart disease, cancer, stroke, diabetes and obesity—are mostly preventable through proper diet, exercise, not smoking, minimal alcohol consumption and other healthy lifestyle choices.

Recent scientific and medical evidence shows that a diet consisting of foods that are plant-based, nutrient dense and low-fat will help prevent and often reverse most degenerative diseases that kill us and are expensive to treat. We should be able to live largely disease-free lives until we are well into our 90s and even past 100 years of age.

Health-care reform is very important. Whatever reforms are enacted it is essential that they be financially responsible, and that we have the freedom to choose doctors and the health-care services that best suit our own unique set of lifestyle choices. We are all responsible for our own lives and our own health. We should take that responsibility very seriously and use our freedom to make wise lifestyle choices that will protect our health. Doing so will enrich our lives and will help create a vibrant and sustainable American society.

—Mr. Mackey is co-founder and CEO of Whole Foods Market Inc. Printed in The Wall Street Journal, page A15.
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In response, some left-wing group called Meetup.com is organizing boycotts and pickets at Whole Foods locations. There is one scheduled August 16 in Austin, Texas.

Here is their blurb:
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“Whole Foods is NOT a company that cares for communities and they have built their brand with the dollars of deceived progressives. No more. My $ will no longer go to support Whole Foods’ anti-union, anti-health insurance reform, right-wing activities.

John Mackey, CEO and co-founder of Whole Foods wrote an op-ed in the Wall Street Journal on 8/12/2009 quoting Margaret Thatcher and suggesting that healthcare is a commodity that only the rich, like him, deserve.

http://online.wsj.com/article/SB20001424052970204251404574342170072865070.html

Whole Foods has the right to cheat and lie and be as hateful and selfish as they wanna be.
We also have the right to starve them of our $.”

Austin Boycott Meetup Sunday, Aug 16
http://www.meetup.com/Boycott-Whole-Foods/
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Here is Whole Food’s response:

Whole Foods Market: Response Statement: John Mackey’s Op/Ed in the Wall Street Journal

http://www.facebook.com/note.php?note_id=120455171970

“We would like to thank our customers and shareholders who have let us know their thoughts regarding John Mackey’s op/ed in the Wall Street Journal. Many people, including John, feel passionately about this important issue.

First off, whether you agree with John or not, our 50,000+ Team Members who live and work in your communities will continue to work hard every day to bring you the best natural and organic products available. We hope you will continue to give us the opportunity to serve you.

While there are differing points of view on this issue, John believes certain aspects of the current proposals before Congress would jeopardize our company’s ability to continue providing our sustainable health insurance plan. Whole Foods Market pays 100 percent of the premiums for our full-time (over 30-hours) Team Members, about 89% of our workforce. Additionally, those Team Members get to vote for their new plan options every three years. John does not want to see that changed.

Finally, John absolutely does care about his fellow citizens who do not have health insurance, and he is in favor of health care reform. He believes that the proposals he put forth will provide access to sustainable health insurance for more people.

We recognize that there are many opinions on this issue, including inside our own company. As we all sort through this together, we thank you for sharing your opinions with us.”
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To tell you the truth, I had never heard of this chain nor of Mr Mackey. But I think it would be a great idea to show our support of free speech under the assault of these “progressives” (far-leftists), who want to punish Mackey and his company for expressing his opinion. If you have one of these stores in your area, drop by and buy a few items. We should do the same thing here we did with Trader Joe’s when they were under attack by pro-Palestinian loons for selling Israeli products. We made their sales skyrocket and Israeli goods were flying off the shelves.

Let’s publicize this issue and help out Whole Foods.

*You can send a message to Whole Foods main office telling them you support the free market and free speech: <a href=”http://www.wholefoodsmarket.com/company/service.php'>http://www.wholefoodsmarket.com/company/service.php'>http://www.wholefoodsmarket.com/comapny/service.php”>http://www.wholefoodsmarket.com/company/service.php</a>

Boycotting Whole Foods

Greta Van Susteran says she would frequent Whole Foods for the principle of Freedom of Speech alone. I don’t know MacKey, but he sounds like kind of a nice guy – I would have -- to go to his grocery store."

Support Whole Foods and Freedom of Speech and shop at Whole Foods to save 50,000 people’s jobs. MacKey pays for medical insurance for all his employees and families including same sex partners. He is not some right-wing zealot and he supports medical reform… Just Not the President’s Program, since when is that a crime?

On Greta Wire: Automatically Generated Transcript (may not be 100% accurate)

"Going to hear this it's on FaceBook. 18000 People on FaceBook are calling for a boycott of the nationwide grocery store chain whole foods. It has to do -- the debate over health care. Now apparently the CEO of Whole Foods who says we do need health care reform, but is not as liberal as some of their progressive clientele. They are just spreading lies. Anchor Brian on Fox Business Network joins Greta. Brian wrote a piece of the Fox Blog entitled: Freedom of Speech is Not So Free for Whole Foods.

"Well you know. The irony of this story Greta is that if John MacKey who's the CEO of Whole Foods who started the company in Austin Texas and has been running it for about thirty years ago had stated his position in the journal at a previous time when we were talking about health -- this would've been considered radical reform. MacKey said we don’t need the president's plan, a government involved plan, but here eight ideas, as a successful CEO that I have. Tort reform, allowing insurers across state lines, self directed ideas, etc, and yet he is being vilified by some of the more liberal followers out there of the president's plan. They are, as you said, waging war against Whole Foods 18000 bullies on FaceBook -- a boycott. FaceBook there's a web page set up. And they're calling him, get this: “a right wing zealot."

"In 2007 MacKey said he had enough money to live comfortably so in 2007 he cut his salary down to one dollar a year. And gives any -- all proceeds from the stock options to charity. That does not sound like a guy who wants to try to stick it to the people when it comes to health -- he said he had a different idea and that was what was in The Wall Street Journal."

"MacKey a self described libertarian, I don't know maybe that is what angered some people not only is really only taking a dollar a year but the company has a 100,000 Dollars -- need based fund for Whole Woods workers that they offer. Domestic partner same sex benefits. Overall this had been considered a relatively progressive company. Now he comes out and says -- The government run plan is not the way to go here are some ideas I have and he is just absolutely -- being slaughtered. On the left side of the Blogosphere. Actually I imagine his reaction is probably confused as confused as yours and minus."

"I don’t even know this guy – or if his ideas are good but -- something to be admired about someone who -- who sees a problem. And says here are a few really good ideas and -- says he thinks are really good ideas. And then for have a few-- having to dare to differ, with a particular segment,they come on to try to kill -- kill a business that hasn't done anything wrong -- employs lots of people. And says, from from what I can read, you know he seems to be a pretty generous guy."

"You know Ira wrote a blog on the Fox Business web site called free speech may not be so free for whole foods they hired 8200 people last year they have 50000 employees. Let's say Greta that this boycott all right gain some traction right; let's say that it does and let's say that it is successful by the protestor’s Definition. And it hurts Whole Foods; who's gonna get hurt? Is John MacKey gonna get hurt? He's got enough money; it’s the workers. The rank and file working at Whole Foods are the ones who are going to get hurt. You made an excellent point in your…

-- Rick Santorum moments ago listening in that. It's not as if you don't want health care reform. It's if you don't necessarily agree with the president's plan. You might be labeled wrong or a bad person.

Posted: Knowledge Creates Power – Cross Posted: Daily Thought Pad

Saturday, June 13, 2009

OBAMA'S ISSUES CRUMBLING

At last, there is convincing evidence that Obama's poll numbers may be descending to earth. While his approval remains high -- and his personal favorability is even higher -- the underlying numbers suggest that a decline may be in the offing. Even as he stands on his pedestal, the numbers under his feet are crumbling.

According to a Rasmussen poll, more voters now trust Republicans more than Democrats to handle the economy, by a margin of 45-39. Scott Rasmussen notes that "this is the first time in over two years of polling that the GOP has held the advantage on this issue." Last month, he had the Democrats holding a one-point lead, but they lost it in June's polling.

And the Democratic leads over Republicans on their core issues are also dropping. Particularly interesting is the Democratic decline over healthcare, from an 18-point lead in May to only 10 points now.

A Gallup poll also confirms that the president's personal ratings are high, but the underlying data less so. While 67 percent of voters give Obama personal favorable ratings and 61 percent approve of his job performance (Rasmussen has his job approval lower, at 55 percent), they give him much lower ratings on specific issues.

Gallup shows Obama getting only 55 percent approval on his handling of the economy (down from 59 percent in February) and finds that only 45 percent approve of his handling of federal spending while 46 percent approve of his treatment of the budget deficit.

As it becomes clearer that the deficit caused by spending has landed us in a new economic crisis, entirely of Obama's own making, his popularity and job performance are likely to drop as well.

The old recession -- that the public says was caused by Bush -- shows signs of winding down. But the new recession and/or inflation -- triggered by Obama's massive deficits -- is just now coming upon us.

If Obama refuses to cut back on his spending/stimulus plans (despite convincing evidence that Americans are not spending the money), he has three options:

a) He can raise taxes, which will trigger a deeper recession;
b) He can print money, which will trigger huge inflation;
c) He can pay more interest to borrow money, which will send the economy diving down again.

The blame for these outcomes will fall squarely on Obama's deficit and spending policies. The fact that Americans are aware of these issues, and already disapprove of Obama's performance on them, indicates that they will be increasingly receptive to blaming him for the "new" recession.

Interestingly, Obama's polling is now the exact opposite of President Clinton's in the days after Monica Lewinsky. Back then, the president's approval for handling specific issues was his forte, while his job approval remained high but his personal favorability lagged 20 points behind. Ultimately, it is a politician's performance on specific issues that determines his electability. Personal favorability withers in the face of issue differences. Obama is about to find out that you cannot rely on image to bolster your presidency when the underlying issues are crumbling.

All this data suggests that Obama might run out of steam just as he gets to his healthcare agenda. As unemployment mounts, month after month, and Obama's claims of job creation (or savings) ring hollow, it is possible that he will not have the heft to pass his radical restructuring of the healthcare system. The automaton Democratic majority may pass it anyway, but it will be a one-way ticket to oblivion if they do.

By EILEEN MCGANN AND DICK MORRIS – Dick Morris.com

Posted: Knowledge Creates Power

Friday, June 5, 2009

THE FAILURE OF OBAMANOMICS

The data is in for April. Here's what happened:

1. Household personal income (inflation adjusted) rose but every penny - and then some - went into savings or paying down debts. Consumer spending, on which Obama is betting to stimulate the economy, actually fell. None of the stimulus money was sent. None.

2. Meanwhile, to pay for this stimulus spending that didn't stimulate, Obama had to borrow so much money that long term interest rates have almost doubled since he took office, forcing postponement of abandonment of business expansion and hiring across the board.

What a record!

Here are the details. In April, personal household, inflation-adjusted income rose by $122 billion. Of that increase, one-third or $44 billion came from the government's stimulus program.

But while personal income was rising, household savings (which includes paying down credit card balances, mortgages, student loans, car loans, etc) rose by $132 billion -- $10 billion more than the rise in income. So personal consumption dropped 0.1%.’

The stimulus package was a total and complete failure. As predicted, as happened with Bush's 2008 tax cut, as happened with the Japanese stimulus packages of the 90s, fearful consumers sat on their money and wouldn't spend it. Keynesian economics didn't work. Again.

But the debt sure piled up. The deficit quadrupled and is sending interest rates soaring as the government elbows aside businesses and consumers at the loan window, all in a desperate effort to borrow enough money to spend enough money to stimulate the economy which isn't happening.

As we describe in our new book (out June 23rd) Catastrophe, Keynesian economics doesn't work. The theory for rational expectations has taken its place. Consumers are not idiots. They know that when their paycheck is fatter - either because of tax cuts or government spending - that it is not the beginning of nirvana but just a short term, one shot respite from hard times. They know the difference between standing in front on an electric fan and a windy day.

Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately - our economy all to spend money that has had no economic effect!

Is Obama a failure? Not by his lights. His goal was never to stimulate the economy. His goal was to expand government spending and he used the recession as an excuse to do so. And, by this standard, he is a raging success. With the stimulus spending, the government proportion of GDP will rise from about 35% to about 40% and with health care "reform" it will go soaring into the mid-forties, bringing us to parity with Germany en route to France!

But the results are in: None of Obama's spending is doing anything to help the economy.

Of course, the process of household savings, designed to pay down debt, is very healthy. Economists call it de-leveraging. By the start of the recession, the debt American households owe had risen from 70% of their annual income in 1995 to 140% (excluding mortgages). Now it is on its way back down again. And, eventually, that will lead to a real recovery -- If Obama doesn't wreck the currency and bring on mega-inflation before then. (But he probably will).

By DICK MORRIS & EILEEN MCGANN – Author of Catastrophe
Published on DickMorris.com on June 3, 2009

Related Resources:

Posted: Knowledge Creates Power

Tuesday, May 12, 2009

Government Borrowing Fifty Cents for Every Dollar It Spends

Gov&#039;t Borrowing Fifty Cents for Every Dollar It Spends

  • Government Borrowing Fifty Cent for Every Dollar It Spends
  • Obama Administration Has Amassed More Debt Already Than The Bush Administration in Its First Seven Years Combined