Nemo Me Impune Lacessit

Monday, 12 April 2010

Random Commentary for 11 April 2010

Filed under: Random Shots — mikewb1971 @ 3:19 AM (03:19)

Today in history

Comments I’ve posted

  1. Re: Wilson Destroys Bingaman on Health Care Bill

    Although Wilson seems to have no plans to run for office in the near future


    it was good to see her jump into the health care policy debate on the side of those who opposed even greater federal intervention in Americans’ health care.

    Is this an attempt by her to make up for making the enactment of Medicare Part D the centerpiece of her 2002 re-election campaign? What a repulsive episode that was.

    Still, better late than never.

  2. Re: Obama’s National Sales Tax

    From the article

    Volker and Bernanke have used a two pronged strategy to vet the VAT. First is fear mongering. Bernanke argues that Americans need to choose between higher taxes or massive cuts in critical government programs. He mentioned Social Security, Medicare, Education and Defense as areas of government spending that would be targeted if we don’t raise taxes. This is a false choice. The federal government needs to reform entitlement programs, needs to root out waste fraud and abuse and should eliminate programs like the National Endowment for the Arts.


    “Rooting out waste, fraud and abuse” from government spending is the icing on the cake. Sooner or later, the crony capitalists who prop up the Chinese Communist Party are going to quit buying U.S. Treasury bonds, and start dumping the ones they already have. What happens then?

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