Comments on: Arrogance

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By: Lynn Atherton-Bloxham

Lynn Atherton-Bloxham — Thu, 22 Oct 2009 01:52:38 +0000

Excellent! as usual.

By: RobertD

RobertD — Mon, 19 Oct 2009 23:36:50 +0000

I was lead to believe that the Government has had these plans on the books since the 1920′s.

That doesn’t seem like a few months and I doubt very much that is rebuilding a whole new system. I would suggest reading some of Uwe Reinhardt’s articles. He knows of what he speaks.

By: Jacob Steelman

Jacob Steelman — Mon, 19 Oct 2009 22:09:13 +0000

As the late Leonard Read (FEE founder and President)so graphically demonstrated in his story I Pencil, no one person knows how to make such a simple thing as pencil. Yet, politicians and bureaucrats, who for the most part have no experience in running a business as John correctly points out, think they know how to design a healthcare system.

By: PaddyK

PaddyK — Tue, 13 Oct 2009 20:56:36 +0000

This is the result of the common people suddenly discovering that the money from others can be confiscated by electing the right people to power.

By: James

James — Tue, 13 Oct 2009 01:14:40 +0000

The pretence of knowledge speech available online opened my mind to the limits of what can be known by science. I believe accurate knowledge of market forces is one of those things that will forever be beyond our ken. We have to remember that the market is really just individuals making transactions on a daily basis that they believe are beneficial to them (otherwise they wouldn’t make them). There are no equations that anyone human being or machine can come up with that would accurately simulate the market. What equations (I’m referring to modern economist believing that there exist a formula or series of formulas that if they work hard enough will allow them to decode the market) exist that can tell you what makes John prefer beef to pork or any other hundreds of decisions that he might make during the course of a day? Take that one individual and the complexity of trying to figure out accurately what moves him when he is transacting in the market and add about 6 billion more individuals all involved in market in some form or other and then you began to see how ludicrous it is to believe that governments (all of them) can understand the market and positively influence.

By: Randall Scott

Randall Scott — Fri, 09 Oct 2009 04:03:21 +0000

SolarHoleinHead,
Are you trying to funny, ridiculous or just nonsensical?
Slavery ended in 1865.
If you are trying to label anything today as such, you really need to be more specific on how you think so.
I feel like typing 2 pages on how your label is so wrong, but you are clearly out of step with reality & see things for what they are clearly not.

However, there is a close resemblance to slavery in regards to gov redistribution. The gov punishes/takes from those who are very productive & rewards/gives to those who who do not earn much education or skills.

From IRS data, in 2007 the top 5% of income earners, paid 60% of all income taxes. Are they slaves, working for others?
The bottom 40% paid no income tax.

Under BO’s plan, it will be roughly the bottom 50% that pay no income tax.
The revenue from the top 5% (it’s only 2.2% making over $250,000) will be lower, w/the higher rates, those are inversely correlated.
See Laffer curve, but I doubt that you are not much of a researcher or reader, and probably don’t even care to learn about anything.

By: Bigote

Bigote — Wed, 07 Oct 2009 17:29:11 +0000

sweet stach!

By: voteright

voteright — Wed, 07 Oct 2009 12:54:13 +0000

Solarwindspirit has been in the Sun so long that his/her thought process has been “burned”.

Remember when 47 million uninsured became 30 million because the President chose to omit the 17 million illegal immigrants (which cannot really be uninsured, if other citizens are being insured). This HC — HR7200 has many provisos that are bad, worse and ugly. For example, if a person does not have Government approved Health Insurance the fine can be as much as $25,000 plus jail. The key term is “Government Approved”.

American Citizen, you have lost your Soul and allowed your Spirit to be enslaved by the self-serving Politicians.

By: scott g

scott g — Mon, 05 Oct 2009 16:06:07 +0000

The truly sad part is that everyone repeats this “16%” figure. Where does it come from. What does it include? Contact lenses, Gucci eyeglasses, boob jobs, braces, false teeth? Nursing homes, electric scooters. lear jet ambulances?

What % is actual doctor/hospital/lab bills??