Why US spending cuts and deficit reduction does not matter

The reason spending cuts do not matter is no one is serious about them. The Democrats will push the debt to 20 trillion by 2016 and the Republicans to 19 trillion. Is there any real difference in the political philosophy of these two parties? Both sides are afraid to cuts spending. Rather they make nominal changes, shake hands and then congratulate themselves for being masters of the universe.

  • S&P lowered the US rating on Debt. They did this despite political pressure from Washington not to. Government is not interested in stopping its growth. GDP to debt limits or threat of a government shut down does nothing, except allow more political trickery to continue the growth of government.
  • I do know for fact that the people holding our debt in foreign countries are not so naive.
It does not get me excited when people talk about spending cuts. Cut the budget 50% or more this year and then I know people are serious, everything else is just political smoke and mirrors.

What is the problem with politics and US spending?

The problem is the Republicans support the industrial military complex (we are in 135 countries around the world in some form) as much as the Democrats support corporatism (subsidies and bailouts under the guise of Keynesian economics). Whether it is foreign spending to support our foreign empire or domestic spending to transfer your wealth to another man’s wife, it does not matter, it has to stop. When interest rates go higher the interest on the debt by 2016 will be higher than military spending. Then what?

Is America doomed? Not yet, but eventually the dollar could collapse under the weight. If foreign countries like China or even domestic holders of US bonds and currencies start to panic, then the US will not longer be able to finance its government, no matter how many hand shakes and smiles in Washington. I do not think America will collapse economically, but I would not put money on it either.

What is inflation? Even if this does not happen the devaluation of the dollar and a return of inflation is apparent. Inflation is a tax on the poor and working people at the expense of the wealthy who have the ability to hedge with investments.

My recommendations are:

Vote for the right person on the 2012 US elections. I do not know who I will vote for at this juncture. Maybe if Ron Paul runs I will be for him.

Obama wants a budget that by 2016 we’ll have $20 trillion worth of debt, Republicans want one where there’s only $19 trillion worth of debt in 2016. That’s not much of a reform as far as I can see. – Ron Paul





Government shutdown is good

Why the Federal Government shutdown is good for the US

A federal government shut down is good. It is a wake up call that the budget crisis is destroying the future of our children at the expense of government fat today.

  • Did you know that Belgium’s government has been shutdown since last year and nothing happened? In fact, people say the country is doing better. I live in Europe and people are pretty happy about the government shutdown.

Symbolic cuts in the US federal budget is not going to solve the crisis. Business as usual will lull people into competency and destroy your children’s future. Do you not care about our youth?

The current battle on capital hill is about which way America is going, will it be a social bureaucracy that will eventually collapse and be devalued or a free nation strong again.

Federal government workers are not competitive – Every government worker I know personally has a cushy life and they would not have this in the private sector. I am not just talking about their Blackberry and vacation time, but the pay scale and benefits are totally out of line with their skills set. I would not hire them personally would you?

Is some start-up job creating business looking for the next pool of talented workers from government offices?

I do not mean to insult them, I personally would not hire them nor do I think they could have that lifestyle if they had to go out with their own initiative and creativity and start a business or fend for themselves in the real world.

Where do I get off criticizing others? I moved to cold dark Eastern Europe, have physical problems, had to learn a languages and survive with my own wits and make business. I am no one special.

I just do not believe that the role of government is to be a big baby bottle for others to feed off, while the rest of us have to work to support them.

I do not believe government owes me anything, do you?

For ever Federal worker it takes about seven hard-working families to support them with tax revenue, or it goes to the national debt (your children’s problem).

If I am late on the rent who will help me? So why do I care about a government shutdown?

The state and local governments run  most American functions:

I was watching CNN the other day and they were interviewing people on the street about the government shut down. They people were saying things like the police and firemen and schools would be closed. Where do this people live? Are they that clueless that these are not Federal government functions?

Another man, said he  wants to make sure no one touches his government benefits.

How do you feel about that?

News Flash about the USA – day-to-day things are done at the state and local level:

The police , firemen, schools, hospitals, roads, state national guard for real home defense and emergency (not undeclared, unconstitutional imperial foreign wars), state Parks, state housing, state welfare, motor  vehicles etc are state-run.

What is essence is the Federal government?

  • A massive transfer of income from the productive to the unproductive. Because of the federal government you are working for another man’s wife.
  • People need to read things like Thomas Jefferson on taxes or at least Wealth of Nations by Adam Smith. Citizens that understand why we had an American revolution and what the vision of is of this great country, will understand that politics and spending as usual in Washington can no longer be accepted.
  • “Non essential government employees”, is this a play on words like ‘military intelligence’?

Most of the day-to-day important functions are done by local and state municipalities. The Federal government which take most of the economic resources in terms of taxes is more of a black hole for politicians and special interests like military and big oil or the retirement plan for those who live for today and do not invest and save their money.

  • Democrats, Republicans, Libertarians or Tea Party need to be united to preserve your personal liberties, specifically economic freedom by balancing the budget with a balanced budget amendment.
  • Leaders like Michele Bachmann and Ron Paul are against temporary funding, bill and funding when the vote comes up. They have my respect. Obama will veto it anyway so the 2011 government shutdown is real.
  • The government will really shut down when we keep printing money and run out of money. Today’s crisis is just medicine for a long-term health of the United States. We have to see it and take it, not run and be afraid. The politicians can not be cowards.  Because around the corner is a greater crisis and wave of financial ruin if we do not get the budget and currency under control.  You will see,everyone will be sorry when inflation and a second deep double dip occurs.
  • Political cowards that will sell us out with compromise need to be voted out ad exposed.
The next big wave of the financial crisis will come eventually unless government spending is under control. Why? We have not solved anything.

What about a decrease in GDP?

Ridiculous economic numbers. Nothing will happen. Eventually frustrated government workers will find jobs in the private sector if they have to. By my estimates GDP will increase if the government closes the doors. Do not listen to scare tactics.

What about military pay and the government shut down?

I support the troops because I want to bring them home from unconstitutional undeclared wars where they risk their lives in foreign lands. If you really support these youths, and that what most of them are is youths rob of their innocent years, who want to live, bring them home, not worry about a delayed paycheck.

People make the argument that workers will get back pay for sitting on the  beach, I do not think they should.

Do you think a government shutdown is good or bad if you look at as a wake up call to address the real problem of this country, encroaching government and putting your children on a road to serfdom. If anyone thinks it is bad, I invite you to comment and give it your best shot.

US government budget – Here is a offical site to explore what is going on with spending. If they cut greater than 50% this would start getting me interested.



Democracy or Liberty – What is the United States About?

Many people think the US stands for democracy. That is not exactly correct. The US stands for a government that protects the liberties and rights of its people. Did you know the word democracy is not found in the US Constitution or the US Declaration of independence? I think few Americans know this. I recommend reading these documents.

Try to find the word “democracy” here:

Find anything about the US mission to spread democracy around the world or justice is found in more material equality.

An indirect democracy in the United States was established as a way to safeguard the rights of the people. From whom? The government, of course.

The highest law of the land, the constitution, is about rights, not democracy. The Federalist Papers and James Madison cautioned against majoritarianism.

We’ve all heard the words democracy and freedom used countless times, especially in the context of our invasion of Iraq. They are used interchangeably in modern political discourse, yet their true meanings are very different. – Ron Paul

Because we are in a democracy, it lulls citizens thinking that your rights are protected and everything is fine. It is not fine. Democracy is good and helps, and I support democracy, but it is not the summum bonum of political science. The government protecting individual liberties is the whole point of government.

Do republics turn bad? There are countless cases in world history where democratic governments fail to protect the rights of citizens, corruption, a slide into socialism, a maternal state that takes care of people from the cradle to the grave but at a high unseen price, strong charismatic leaders abusing power, especially the military.

President Bush said he believes in the US mission is to spread democracy through the world, and Obama ironically is also doing it. Bush even wrote a book about this. My question is have they read the US Constitution or the Declaration of independence? Where does it say this is the US mission? Where is the word democracy in these documents?

Democracy is majoritarianism and can be corrupted and turn to an agent of darkness. Think of the story of ‘The Lottery’ by Shirley Jackson. If you have not read this story, I recommend it.

Can a good government exist without a democracy? On the other hand, English citizens achieved a relative degree of freedom under a monarchy for centuries. Plato’s philosopher-king comes to mind; even though this was a metaphor it still has merit.

What is the point of elections? Yes, democracy is the best form of government, but only if the people in the republic vote with freedom and the constitution in mind. Voters need to be aware that the whole point of government in any form is to protect the rights of the people from government, foreign or domestic. Vote for the person who will protect your freedom, not who throws around the word democracy.

Why? How many authoritarian countries are called something like this the ‘People’s Democratic Republic of so and so’. Politicians love to misuse and manipulate people with the word democratic. But a person who promises to protect your liberty against the government is the person who understands the spirit of why we had an American revolution in 1776.

What did Partick Henry say? ‘Give me democracy or give me…’? I think not.

The founding fathers set up an indirect democracy rather than a direct democracy with a strong constitution to protect against this type to the tyranny of the masses. That is, laws being passed that do not agree with the idea of liberty. The constitution is the check and safeguard. The constitution was set up to protect the people from the government, the architecture of the US-centered on life, liberty, and the pursuit of happiness, not democracy per say. It was very wise to set the country up this way.

Think of all the democracies from Ancient Rome in the time of Julius Caesar to Germany in the 30s that took the wrong turn of giving power to the government, even in a republic or democracy, rather than the government being the guardians of liberty of the people.

What was the idea behind the enlightenment?

The whole idea of the enlightenment was individuals given a high degree of liberty and rights would create a better society that would lead to greater happiness for the individual and society than any government; even democracy could orchestrate. The greater good for society is maximizing liberty for individuals.

  • Maximize and protect liberty and the greatest good for society is achieved. Many people do not understand this. The idea of the enlightenment is there is no way a government or anything from above can achieve this. Each person acting on their own enlightened self-interest will bring society to a greater level for all.
  • What about the common good vs. individual rights? I hear this argument a lot, and people often are willing to submit their rights here and there for the common good. Well, the enlightenment philosophers already thought about this and debated this idea of Social contracts and freedom. You can go back and read them from John Locke to Adam Smith, but the idea is when individuals are acting where freedom is maximized (though a small intrusiveness state) the common good is achieved, not by legislating laws to force people into a collective common good, but through enlightened self-interest. It is a clear moral argument as well as an economic, political ideal.

When democracies fail

They fail all the time. So often it is almost a joke.

  • High taxes – You work more days for our democracy than the feudal serf did for his master.
  • Government surveillance – The government watches us at a level higher than you can imagine. If you protest, even for peace, you are put on a list, and if you cause too much of a stir, you can be crushed.
  • Military imperialism – Being a democracy gives many nations a feeling of holier than thou. They feel they can crusade for democracy like the medieval crusaders for religion. Military direct and indirect costs for this crusade is astronomical.
  • Monopoly on the money supply – The other day, some guy minting liberty dollars was in court, and it does not look good. The dollars were made with real metal and could be traded as barter. Meanwhile, the Federal Reserve is printing fiat money like crazy and this does affect your freedom and pursuit of happiness which is beyond the scope of this article.
  • A government agency for every problem – “Government is the problem” – Ronald Reagan

What is freedom?

Conservatism has corrupted freedom by selling you that freedom means to build the strong United States. A great nation, a grandiose notion, even a social utopian world order society based on visionary principles and expand this to other people in the world who thirst for democracy.

This could include expanding the policing of its citizens and expand the military sphere of influence if necessary. They do it even with the words of God and blessings mixed in public politics to get votes and beating of drums. Politicians even see the military as on a mission from above. This upset me as a Christian. The Pope just wrote a book ‘Violence never in God’s name’.

Liberalism has corrupted freedom to equate with material security guardianship by the government. Big government is the way to micromanage life. Wrong. I live in a post-communist country; this will destroy the human spirit.

Freedom is nothing more than guarding against government coercive power. The next time you hear a politician utter the word democracy, ask him what he is doing about your freedom.

So what is the US about?

Read how the US is all about freedom and rights.


US Foreign Policy is Wrong

The US is clearly an imperial power. It uses the guise of spreading democracy to justify miltary action in oil rich nations, while it drains you personally economically. It is not Ameria that is wrong, it is the way we conduct foreign affairs.  Can you argue with that?

It is our true policy to steer clear of entangling alliances with any portion of the foreign world. – George Washington

  • I believe the US Congress needs to guide US foreign policy, not the knee jerk reactions from the executive branch based on questionable motives.

The Bush wars (oil wars) were a foolish waste of our children’s resources (debt-financed).  Obama, a peace prize holder mind you, has not the courage of his convictions, and instead, he takes advice from gray hair generals and advisers because he is too afraid. Believe me, this is what is how Obama thinks, he is scared to go against his advisers.

What is the result? The executive branch ignores the original intent of this country, insults your intelligence and disrespect you by getting us into war after war that is draining our resources and burying us in debt.

We will be pulling out of Afghanistan in 2020 by the way. Bush, Clinton Bush, Obama action in the Middle East is 30 years, a lifetime, of Middle Eastern wars.  What is wrong with that? Let me put it another way, every plane we fly off a carrier to drop a bomb cost a fortune and this is money you could use to pay the mortgage. Libya is costing 100 million dollars a day and if you have forgotten we are in crisis. How does that sound to you?

These Presidents can have all the fancy degrees from top foreign policy schools, Harvard, Yale, but it means nothing. Understand the history and read the about why the United States was formed.

The answer is simple: If the executive branch wants to use the US of military congress must declare an act of war.

The President and the Secretary of state have disrespected the intent of the founding fathers and the US constitution by committing US air, naval and ground forces all over the map. We have bases defending other countries, while our country has serious problems at home.

WWII was a  declared war. WWI was a declared war. Why can we not go back to the idea that the President needs to respect the checks and balances of the three branches of government and can not use the military anytime he wants?

Al Qaeda clearly has said it wants to weaken the US with a long drawn out war of attrition. With the US flying million dollar missions every day, is our current foreign policy playing right into their hands? Think about the big picture and ‘know thy enemy’ – The Art of war.

The problem with the US foreign policy is:

  • US foreign policy is all about fighting undeclared wars for foreign people. This is putting American soldiers (our youth) at risk for foreign nations rather than for the defense of the US. This is clearly a violation of the US constitution. The bombing, destroying and killing on foreign soil sure seems like a war to me. Call it a “police action” or a “no-fly zone” or whatever euphemism you want. However, firing missiles at people using our young men and women in US military uniform is a battle, a war. The last time I read the US constitution, war needs to be approved by an act of congress. Read the constitution and tell me if you think this is right?
  • Did you know the USA is spending over 1 trillion dollars a year redrawing the maps of the world? This is a lot of money. Spending 1 trillion dollars a year costs us dearly and weakens the US for the next 100 years. If you want a strong country put the money back in the hands of the people. People give their money back will innovate, create jobs and find a solution to the problems in ways government will not. At the very least this money could be used for homeland security or the protection of the rights of Americans from the burden of government. Defend America, fight crime and terror threats at home (they are real).  Instead, it is wasted bombing people in the desert.
  • Helping the US states out with the money we spend on foreign wars. Yep, the cost of one ‘no-fly mission’ is a lot. Meanwhile, large states like California are sinking. Roads at home have potholes and unemployment is high. Every choice has a benefit and a cost. What is the benefit of bombing people on the other side of the world as opposed to helping Americans at home?
  • Politicians are really clowns – The French, NATO, the EU, the US are all jockeying for power and playing games. They use the term diplomacy but this is a joke. We ignored Rwanda and what happened there but claim oil-rich Libya is humanitarian aid. Obama got authority from the UN and ignored congressional approval (one-world government). The Arab League is upset at another US war in Arab lands. There is no end game to US foreign policy, it is just attacked and takes trillions of dollars of your money to try to make things right.
  • Civil War – We are taking an active side in a foreign countries civil war. Who are we to do this?
  • No-fly zone over the USA – How would you like it if a foreign power put a no-fly zone over the USA?
  • Political maps change – Political landscape always changes. One government falls the next comes into power. Has the US not learned its lesson? Foreign government changes again and again. Who we support today is often our enemy tomorrow. Did you know the rebels in Libya we support have Al Qaeda support, this is what is said? Think about all the foreigner leaders we support one day and they become our enemy the next. Even Bin Laden was a US ally at one time in the war against the Soviets in Afghanistan. The president of Egypt is our friend (70 billons of your US dollars donated to him) until there is trouble, now he is not. We were allies with the Iranians one day, then they are terrorists. Are the Saudis our friends? They have oil. They must be. These wars: the liberation of Kuwait, Iraq, Afghanistan, Libya are out to to control of our empire and oil. Not about the defense of the United States.
  • Large standing armies are wrong – The US can not afford to be the policeman of the world when our streets have crime. This is a clear resource misallocation. For every government worker  (including military personal) it takes seven working families to support with taxes. And who will pay for their pension?
  • Who does this aggressive interventionist policy help? I do not know, oil interests, politicians, the military machine and arms trade. This is not conspiracy theory it is real. This policy drains the US and will make us weak. Next thing you know we will have a budget and debt crisis. Call me crazy.
  • Need more convincing that the US is causing the world harm? US foreign Policy is destabilising the world.

Will the US stick its head in the sand with a non interventionist policy?

Nonintervention and focusing on the problems at home is not isolationist.  Diplomacy, free trade, travel, communication, commitment to ideals and democracy was what the founding fathers wanted.  An active non interventionist foreign policy is the best for the US.

Peace, commerce, and honest friendship with all nations — entangling alliances with none. – Thomas Jefferson

However, endless foreign wars and convert operations makes the US an imperial power no different from any other, including the empire we rebelled against to start this country, maybe worst. ‘Make the whole world England’ was the motto of that empire, what are we doing with our US foreign policy?

I am a US Patriot. I will serve my country and never betray it. However, as a patriot, I feel one of the greatest ways I can honor my country as an American is point out gross mistakes in US foreign policy that are a contradiction to the ideas of the United States. These political mistake destroy people’s lives and also directly affects your life. We will be bleed white in a war of attrition that will weaken our position in the world.

I want to get rich and live in peace (the pursuit of happiness). US foreign policy does not put money in my pocket nor does it for you. It drains your economic power because debt and taxes are paying for these wars. Therefore, it takes the wind out of your sails when it comes to your dream of living a secure happy life. That is why US foreign policy is wrong.


Tea Party platform

Tea party platform mistakes that will lose the election

There are three issues that will derail the Tea Party movement in the Presidential and congressional elections. I hope some leader of the Tea Party reads this or at least understand the challenge. The three C’s that could hurt the Tea Party are:

The Tea Party needs to stay focused on the simple clear message of small government and not get mixed up with other ideas like huge military and anti-environment. Simply convey small government and the movement will win the election in 2012.

Complexity of the Tea Party message – Their goal is smaller government and balance the budget. Period, end of the sentence. If they let their message stray away from a libertarian fiscally conservative message, and mixed with other ideas like guns or military or anti-environment, they risk diluting their power, being divided into fractions. The will alienate. This will happen and already the press is trying to divide them.

This is the biggest threat to the Tea Party. They have to keep and ideological clear and simple message, then let people choose the other issues for themselves. They need to unify not divide. Once you go down the road of secondary issues, it becomes a nation divided.

Focus on the bailouts and ridiculous expansion of government.

Complacency in the Tea Party movement – The Tea Party made great gains in the 2010 election and surprised all. The threat of victory has always been to rest on your laurels. You need to have the fighting spirit going into the 2012 elections.

Remember Apollo Creed in Rocky? You can not become complacent. You need to have the fighting spirit and let people know that.

Remember the scene in the movie?

Rocky do you believe America is the land of opportunity? Rocky glances at the ceiling with a little bit on sarcasm and says ‘yes’. Well Apollo Creed does and is going to prove it to the whole world by giving an unknown a shot at the title. That unknown is you.

This is what it has to be going into this election. A real shot at the top. Surprise the whole world, a second American revolution . A small populous revolt in 1773 overturned the most powerful government on earth. This is what has to happen again (in a peaceful way) though the democratic process.

Coat tails of the Tea Party gets muddied – If they let establishment, old non-charismatic GOP leaders try to ride the tea party wave, it will turn a lot of people off. Just like when the GOP dug up that old war hawk fossil John McCain in the last election. Lets see how smart the Republicans will be, I hope smarter than in then past.

Get a clue. People want an outsider or maverick and charisma to champion their message. I do not know who this will be. On a side note, Ron Paul, despite his age and experience is an outsider, charismatic and has a clear message. Sarah Palin, although she is not my ideal, is also a contender. However, I would like to see the next Ronald Reagan ride into town and restore the ideals of the founding fathers.

The platform and issue have to be clear like the poll above.

I agree with the ideals of the Tea Party platform, ‘the government that governs least governs best’. The ideals of the Tea Party are a revival of the ideals of the founding fathers of the United States. Whether they will have an impact or be taken seriously will depend on the three C’s mentioned above.


Tea Party Movement’s Economic Ideas

US Tea Party movement – beliefs and ideals

The purpose of the post is to clarify the ideas and values of the tea party movement in America today.  What is the tea party about? I recommend you do not read random websites, or media converge as most of these are fairly bias. They are cluttered with confusing economic ideas or are free for all pages like Wikipedia. The following is what the tea party movement ideas are and are not. It is in simple clear terms.

What the Tea Party beliefs are

The tea party movement is a movement that calls for a smaller more responsible government.

  • Reduce government spending. – Ask the question, does this part of government exist just because it always has?
  • Balanced budget amendment – What is so wrong with the government being responsible, you have to balance your accounts why should they not have to?
  • Reduce the burden of taxes for all, progressive taxation is fine, it is just a general reduction in taxation and an even greater reduction in spending. Put the power back in the hands of the people. You could even eliminate the income tax and replace it with a tax on consumption. America had no Federal income tax the first 136 years of existence, it did pretty well in those years.
  • Simplify the tax code – Make it no longer than the US constitution. Easy to understand and easy to check.
  • Audits on government agencies – Do not assume anything. Do not just hope there is no waste in government.
  • Check the constitutionality of laws – Many laws are passed in backroom last-minute pork deals, does this mean they are fair or enhance the rights of the citizens of this nation?
  • Monetary responsibility – The fiscal responsibility part is clear, however, it might also include abolishing the Federal Reserve Bank, which after all was largely responsible for monetary irresponsibility that caused the financial crisis.
Tea party in Boston was about taxation and abuses of government. That is what the tea party movement is about today.

The above is what the tea party is about. Since it is a grass-roots movement and lacks traditional career politician leadership. Many people try to claim to be tea party leaders but have other agendas connected with the establishment. The movement is about being a political outsider and not an insider. One exception would be someone like Ron Paul, he is possibly a good embodiment of the conservative and libertarian ideas of the tea party.

What the Tea Party platform is not:

  • Pro military or establishment GOP politics. Some entrenched politicians try to ride the wave, by advocating traditional Republican stances like imperial military and claiming ties to the tea party movement. But the tea party is a movement about responsibility in government not established military government structures. You might be a tea party supporter and want a strong military or be like me, prefer a more effective smaller home army.
  • Pro-gun – Members may or may not be pro-gun, but it is a different idea.
  • Anti-Environment – I like the tea party ideas but I am also pro-environment. Two different political economy concepts.
  • Fringe – If far-right groups try to hook their wagon to the Tea party rising star, it is no more than common than extreme left groups with a radical agenda try to connect with Obama. Neither is appropriate and dishonor the core message of both.

People in the tea party may hold these views and others, but it is primarily a fiscal responsibility movement, largely consisting of women, housewives, and middle class working people who want a smaller more responsible government. Why? It is our children’s future that is at risk.

In contrast, Obama is a big government Keynesian and clearly is in opposition to the tea party, even belittling them as “tea baggers” because he has no intelligent way to address out of control government which our children will have to pay for.

King George III represented big government, budget deficit, debt, and taxation like Obama does today.

More about the responsible government movement

The tea party is a movement of the common people, with strong economic ideals supporting it, such as the Austrian school of Economics and the US constitution.

The Tea Party candidates in the 2012 US presidential election are still being defined, but I would say Ron Paul, Rand Paul, Sarah Palin are a start. Dick Armey is also a leader in the movement.

A contract from America 2010 – This has many ideas of the anti-tax movement of the tea party. However, I do not like the ‘reject emissions trading’ line they stuck in there. Why did they have to throw that in there, it is not in line with simple fiscal responsibility?

If the tea party wants to continue to gain support and momentum from, protests than the wins in the 2010 election it needs to keep its message clear and simple. That is a smaller more responsible government with clear objectives like the balanced budget amendment. Do not mix it with other ideas or it will be watered down.

Why I support the Tea Party libertarian ideas

For example, I personally know government workers. They go to work and cut out early on Fridays. Get great benefits and have a soft life. I know for a fact they could not function in the private sector in the same way. They are overpaid and have cushy jobs.  I question their value to anyone.

In contrast, I know that I get up at the crack of dawn and work hard for my money. I try innovative things, use my imagination and creativity and take entrepreneurial risks. I think about how I can serve people. My friends in the government sector just go to work and collect a paycheck. You have to support these guys with your toil. It is unfair.

The government spends out of control why I have to cut back for my family.

Some other ideas connected to the tea party

Here is one example of a tea party website:

First American flag in Somerville, MA. Study this picture. Really think about it. America was founded on rugged individualism and freedom from government burdens, not a social welfare state. This is what the second American revolution (peaceful) of the tea party movement is about, freedom from excess government.

Why America was founded

The founding fathers set up the United States as a place where the government’s responsibility was to protect the freedoms of individuals. That is it. It was not to be the next socialist republic or the welfare state.

These were the ideals behind the original Tea Party patriots in Boston in 1773 (where I am from).

If you want to know more about the ideals of the Tea Party movement read about the ideals of the founding fathers. And of course, subscribe to this blog and comment often.


101 reasons – Why President Obama is a failure

Poor President Barack Obama. A man with good intentions, but did not have the ability to bring the change. I am not anti-Obama, a nice man to chew the fat with at the water-cooler, but as a US leader, his is a (fill in the blank).

For me, I think Obama is a failure.  And below are 101 reasons why I think so.

Although compared to Lincoln, ideologically Obama’s class envy and government redistribution are aligned with Lenin.

But first:

A little history and philosophy President Obama

Why do I believe in ‘individual freedom’ over ‘government control’?  Because I believe human nature is innately good. Let me explain.

The ideals from which the United States were established, come from the ideas of the enlightenment. The enlightenment thinkers believed, as did our founding fathers, when individuals are given the freedom to act on our own enlightened self-interest, the effect is, society as a whole benefit in ways government could never envision by itself. This brings all kinds of blessing on society in terms of creativity, charity, hard work, etc. Empowering the individual with liberty brings riches to all. More important it allows us to pursue happiness unfettered. To be trusted with freedom is like a weight that is lifted from your shoulders.  The great life we have in America a testament to that.

This was ideal outlined by Adam Smith and John Locke but championed by George Washington and Thomas Jefferson when forging our great country.  Empowering you, instead of the government allows society to move forward and the economy gets fixed. Government re-engineering from above shackles you, while freedom empowers you.

In contrast: Obama believes in more government and more taxes and forced redistribution.  Obama is saying people are not good. Left to their own choices they do not have the wisdom of some government bureaucrat. In other words, he knows better than you. How does that make you feel? I believe Obama’s ‘government – serf thinking’ is contrary to the political philosophy in our US constitution and human nature.

Need concrete evidence? Read on.

Alert! 101 reasons why Obama is hurting America

  1. The world laughs at his weakness and it could cause war -Putin took over part of Ukraine and Obama did nothing. The Russians threatened the USA with a comment about laying waste to the USA with nuclear weapons.  The USA and Russian signed three treaties that recognized Crimea as Ukraine. Now Obama does nothing except restrict travel on a few Russians.  The Russian will not stop.  It very well could be a major war because of his weakness. The USA might not start it but it is so unstable that it could explode as WWI and WWII did. He could be the last president of the USA. Do you think I am joking? Remember the policy of weakness starts world wars, this time with nukes.
  2. Fewer Jobs – Unemployment after 4 years of Keynesian economics is still over 7.8%, and the jobs suck out there. After so many years of Americans out of work, government money squandered, there must be a reason. Obama’s C+I+G=GDP economic model does not work.  My solution: let the markets work. Obama supports taxes and bailouts and the middle class pays. I lived in  Eastern Europe and I can tell you socialism is wrong. And yes Obama is a socialist.
  3. More debt -US debt is over 17 trillion dollars and counting. He tripled the debt. We had a party and our children will have to pay. Yep, he partied and gave it away, and your kids pay. How do you feel about that?
  4. Perpetual fiscal crisis – The budget is not yet balanced and 60 percent of the money goes to entitlements. What about a balanced budget amendment? he just talks big. If he had the courage of his convictions he would have a balanced budget amendment passed.
  5. Lead the world over a cliff – I was living in Europe when Barack took office. They were so enamored by him for some reason? Henceforth, they followed his lead of championing Keynesian economics as the cure to financial woes. The EU got sucker into following a leader who knew nothing about money, markets, and job creation. People think just because a person is good at one skill they know everything. For example, if a basketball player is good at dunking, it does not mean he will be good at math. Similarly just because Obama is a shrewd politician, does not mean he understands economic theory. The result for Europe is prolonged recessions, long-term stagnation, and a really bad debt hangover. The bill will be pasted to the next generation. So much suffering caused by one President. All because Obama is a joker.
  6. The change did not come.
  7. Obama looks exhausted. As a leader, he physically looks like life is a chore. I remember some girls talking ‘oh how good looking he is’. I thought, ‘really’? And even if he was, and he is not, does that determine a leader? However, please hang in there Obama, I think Biden is milk toast.
  8. The Fed – The Federal Reserve created the bubble and is exacerbating the cycle. The US central bank that caused the crisis still has free reign. Monetary shocks have effects on the real world. It the basis of modern economic thinking (Wicksell, Misses, Hayek), yet Obama is clueless about it. I wonder what he was smoking while I was studying economics.
  9. Health Care will go up – Affordable healthcare act is not to be confused with free or cheap medical care. Obamacare is not free health care. Believe me. I lived in Europe (dual citizen). With free healthcare, you basically show your card and the medical service is free. What Obama’s health care is, you must buy the US approved health care and pay out the wazoo. Then there are still deductible etc. Nothing special except, um… a government take over.
  10. More foreclosures than ever – The housing market is far from recovered.  I live in Florida and with all charity, he gave to banks they are sitting on piles of homes with government-supported prices. You want a cheap home, let people make money so we all can afford one.
  11. China is rising faster than in the USA.
  12. US jobs are going overseas. – Still and this rate is accelerating
  13. Pro-family Americans question Obama’s core values. To me as a social conservative it is clear about his abomination of the innocent.
  14. He accepted the Nobel peace prize for nothing.
  15. Still no real business experience, only an academic.
  16. Liberals feel betrayed as he did not follow through with transforming America with a liberal vision. Too much compromise.
  17. Increased taxes. Did you see your paycheck? Yep, the Average family will feel almost a 100 dollar a month increase. This puts the breaks on the economy and takes your disposable income and gives it to someone else. How do you feel about that? Let us say you were going to treat your wife for dinner this month. You can not because your hard-earned money is now going to your neighbor’s wife. Thank you, Mr. Obama.
  18. Half the country is conservative and he gives them lip service with talk of unity.
  19. After the initial honeymoon with international leaders, the global community respects him only for his title rather than his ability to lead.
  20. Tea party ideas of small government have not gone away.
  21. America will return to greatness after Obama leaves the office. Mark my words as soon as Obama leaves office the economy will start to improve and your life will be better.
  22. His party turns against him often, it is not unified, even the libs in Hollywood feel he is aimless.
  23. To save the US from an economic apocalypse, we need to let the markets work.
  24. Rush Limbaugh, Fox News, Alex Jones, Drudge Report, National Review, Freeman, Greg, Mankiw, American Thinker shows the why liberalism understood by Obama can not work and why liberalism shown by Adam Smith and Thomas Jefferson does.
  25. Wikileaks tried to show some truth, he turned his back on the affair.
  26. Jimmy Carter lite. He was elected to restore trust in the office of the Presidency, but ineffective as a leader.
  27. Does not understand economics. Never read the classics from Adam Smith to Hayek to Milton Friedman. Filled with a mix of Keynesian and populous ideas.
  28. Too many vacations at critical times.
  29. Too many bailouts of big US businesses.
  30. Special interest president.
  31. Mysterious past from which passport he used to got to Pakistan to college records, to fake social security number and drug use.
  32. The rich are different. Look at his life compared to what he preaches. Questionable lavish trips for his family.
  33. Some surprises will come out about Obama.
  34. Expansion of government and unaffordable entitlement programs.
  35. US military is being poorly run. Valuable resources are being wasted.
  36. Well rehearsed for speeches, but lacks charisma, poor debater, not the sharpest tool in the shed.
  37. Was basically an anti-Bush blame candidate. But after 4 years of failed policies, it will be hard to blame Bush.
  38. Continues setting presidential golf records.
  39. Putin embarrasses him.
  40. An Asian dictator embarrasses him.
  41. A Middle Eastern Emir embarrasses him.
  42. Chavez makes him look bad.
  43. Lacks support in the congress which is a reflection of the sentiment of the US. If re-elected he will be a 4-year lame-duck president.
  44. Rebuilding Iraq, but not our roads and schools.
  45. Freedom is decreasing and the constitution has taken a back seat to government central control, for example, the TSA or potential regulation of the Internet.
  46. Too many people drawing metaphors to 1984 (the book, not the year). Big brother is alluded to in many headlines.
  47. Comedians will begin to roast him and the youth will lose respect for him.
  48. Food, healthcare, education and oil increases or at least agri-inflation, have you been to the grocery store lately?
  49. Illegal immigration problem never solved.
  50. Drug problem never solved or not even a dent in it.
  51. Violent crimes are much fold higher than in other nations.
  52. America is slipping more as an economic leader and relative standard of living is in decline.
  53. Blatant unrepentant globalist, putting America second.
  54. Minor irritants for US citizens like body scanners more paperwork and forms.
  55. States are in crisis and the is only the beginning and Obama has done little to help.
  56. Latest census shifted the political balance in swing states.
  57. Was not a landslide in the first election nor the second, simply too many brainwashed drones thinking they will get money from the government.
  58. The trade deficit is the worst.
  59. We are still fighting an undeclared war in the Middle East with American men and women on the ground taking casualties with no end in sight. This really upsets me. It is not Obama’s fault but America should only fight declared wars because undeclared wars are a never-ending battle.
  60. Many people I personally know that crossed lines have told me it was a mistake voting Obama, two times.
  61. Lacks the combination of vision and ability to implement, like Ronald Reagan. He talks about united the parties instead of doing it.
  62. America is too divided.
  63. The U.S. trade deficit with China increased by 26% last year.
  64. Independent voter and minor parties are shifting their alliances away from the Democrats.
  65. Obama is getting too much advice from George Clooney.
  66. South Park will produce some parodies that will hit home at Obama’s weaknesses.
  67. Substance wins over symbolism the second time around.
  68. Double-dip recession at the end of 2013 you will see. His first four years did not work.
  69. Obama is no Roosevelt because opposition to Roosevelt usually conceded for the greater good. The opposite is happening in the USA. The Obama presidency is polarizing the country.
  70. Arizona, Colorado, Ohio, Wisconsin, Louisiana, Missouri, Oregon, Washington, Michigan, New York, New Jersey, Massachusetts, Connecticut, Illinois, California, Nevada, are bankrupt and cannot meet their obligatory payments. The last drips of Federal money will expose the dire economic situation of these states.
  71. Majority of the polls show people are not happy with Obama, yet the voted him more out of class Envy which he promoted during the election. Let us get them mentality. Is that a winner?
  72. The guy has horrible staff picks, mostly for fulfilling political favors, like Clinton.
  73. Exceptions were too high for the first term.
  74. Stagflation. Yes in a strange way, salaries are stagnating maybe the CPI is not increasing but less in our pockets.
  75. Even though states like ND and MI are starting to show life, CT, NJ and FL and CA, large states are falling deeper.
  76. Obama is nothing special, nothing but a symbolic idea, but as a leader, the country is sinking like a boss that does not know what to do.
  77. My friends that have good jobs are in government or military or something close to that. Does that not tell you something?
  78. It is a showdown of Big Government vs the US citizens, I am pulling for the Americans.
  79. Likes to wave his hand and give out bread and circus money to people but that is all it is appeasement not stimulus. Remember cash for cars.
  80. Barack broke the promise of raising taxes for capital gains and dividends for the top percentage of wage earners.
  81. The broken promise of double funding for after school programs.
  82. Centralize lobbying and ethics reporting for US citizens to view, another broken promise.
  83. Phase-out exemptions for high earning taxpayers. Another broken promise.
  84. Repeal tax cuts for the top earners, another Obama promise, but what about your paycheck is it not less from taxes?
  85. Obama promised to end income taxes for seniors making less than 50k. Promises everyone the world. That will work.
  86. A score of other broken promises too many to list. This does not help his credibility.
  87. Is Obama Keynesian or Kenyan? To date, there is still some confusion in some people’s minds. Of course, he is American but that does not mean he understands economics.
  88. Much of the Hollywood crowd that were his darlings in the 2008 Presidential elections are not as zealous today.
  89. Republicans are regrouping.
  90. Has an extreme anti-life voting record. How cruel can you be. Lets through PC aside and be honest, we as Americans have to protect the innocent over some spoiled college girl who can not keep her pants on.
  91. Obama is soft on crime.
  92. Relief for the middle class never materialized and many stimulus injections of cash were temporary and favoring a few rather than the majority who will pay with taxes. Yep, even more taxes are coming.
  93. Obama wants a European style social economy which does not fit the American spirit. Obama is not a socialist, rather more follows the French economic model than the American.
  94. Extension of Bush foreign policy, pax America. The sun never sets on the union jack (make the world England), I mean stars and bars.
  95. Unemployment benefits have run out of federal money for chronically unemployed and people underemployed and out of work are looking for new ideas and answers rather than government money and temporary fixes.
  96. Many good ideas proposed in 2008, but few implemented even with a Democratic majority in the congress. It is really hard to be Obama, as there is a lot of political infighting and most of the US money is being consumed my entitlement spending and a pittance is for these new interesting ideas.
  97. Has done nothing to curb the close ties between the military business infrastructure and government spending.
  98. Bailed out Wall Street not  Main street. I thought he said things would be different. Most jobs are created by small companies, close to 70% as well as innovation, but the large dinosaurs got the funds.
  99. The people who support him want something from government.
  100. After 25 years of the Bush and Clinton dynasties, Americans have less tolerance for legacy candidates and more focused on results. Yet I personally would not hire Obama for a job. If I had a shop, the guy would be smooth-talking not making money. Has he ever really made money besides off you?
  101. Obama thinks C+I+G=GDP he learned economics during the 1970s when the ideas of liberal thinking confused economics. Turn up the dial of G and we all get rich, yeah right.
  102. I will not drink his cool-aid that government is more efficient than free people. The history of the world is about people struggling to free themselves from an oppressive government. The Obama family is bringing it back.
  103. I believe a winner is not about eloquent speeches, but puts food on the table for people for his family and helps those who need it. Obama forces us to give to his special interests via increase taxes and government so we are all dependent on the big ninny bottle of the government.

All the above is well and good and to quote Abraham Lincoln

A house divided against itself cannot stand.

Obama campaigned on being a unifier but the end result is the nation is horribly divided. He is all about playing with people’s emotions of  the rich vs poor. I resent this as that is what Lenin did. I lived in a post-communist country. It is nothing more than the road to serfdom. Talk is one thing but a real understanding of economics and how to fix things is another.

The New Deal I did not work and the New Deal II did not either. President Obama does not understand how money and markets work.

If you want to know what makes a bad President read this: What makes a bad president. If you disagree, I am open and here you can read more about President Obama in a more positive light. But please tell me what you think of these 101 reasons.

Do you think the US economy has done well in the past four years?  Now that we have to compete with China and India and if you think Socialism in America (that is Obama’s vision)  is the solution we will have to wait and see. For all the Obama supporters, the joke is on you.

Fill in the blank with any adjective you think he deserves. Remember mad libs? Well I am a mad conservative. Be creative with adjectives that you think best describe our 44th & 45th President.

What we can expect from Obama

  • Higher unemployment and less real wages. After a little rebound it will get worse.
  • Higher taxes. Check your pay, you see it already.
  • Decreased freedom. You will see the government growing more powerful and centralized. Watch the Hunger Games.

US military spending

Is US military spending too high?

The purpose of this post is to ask if the United States spends too much money on the Army, Navy, Air force, etc. The post will look at it from an economic and national defense perspective.

  • There is a difference between defense and military. Miltary is for warmongers. Defense is when people invade your country. The US military is a special interest ruled by high paid gray-haired men. The defense is for patriots.
  • If you include veterans benefits 2/3’s of our discretionary budget is military. Only 1% is for things like science and food. It is driving us to bankruptcy.
  • Spending destroyed lives. For example, many of my students who are in the military have conveyed they have killed people directly or indirectly.
  • We could eliminate all but the national guard and homeland security the US would be so rich and the world would be safer.
  • We could give 1 trillion dollars spend on defense to help the poor and the world would help us via free-market economics.

Who is the US fighting

For the United States what is the optimal level of US military spending? I think this question also asks another. Who are the enemies of the US and what do we need to defend ourselves?

The enemies of the US are not old cold war foes. The next war will not be fought with million-dollar tanks in pitted battles like Kursk, multimillion dollar submarines disrupting merchant marine supplies like in the Pacific Island hopping strategy of WWII. Nor will battleships on the high seas dueling it out like the dreadnaughts of WWI. So I guess the question is why do we stock up on such things? Why do we buy these to keep old organizational structures of military command full?

The modern battlefield is the unseen enemy. Homegrown threats and unconventional war only to be won with technology and intelligence. Also, there is a lot to be said the best way to defeat an enemy is to change their heart.

Going in with guns blazing does nothing but draw up legions of militia that would never have been an enemy in the first place. It is like 1984, we must keep the war going, the system perpetuates itself.

The warfare of the 21st century will be as different as the 20th century was to Napoleonic tactics of rifle and saber or 16th century tactics of musket and pike are from today. If the US does not see this they will lose a war of attention when military expenditures become too high and drain the resources of the good people of this country. Wars of attrition are not won.

Therefore, understanding the way war is conducted in the 21st century should be the basis of the US defense budget, rather than incremental adjustments to last years budget based on cold warrior mentalities.

What is the level of US military spending?

The US budget for military spending is 1.5 trillion dollars in 2011. The budget is bloated and miss-allocated. For example:

  • We increased the budget for Virginia class submarines 28% year to year. We are still ordering Poseidon ASW (anti submarine warfare planes). Yeah, those will be useful.
  • On the other hand, we only spend a fraction on SBIRS which is a spaced based infrared system. FBI counter terrorism is only 2.7 billion a fraction of this total budget.
  • Considering the type of warfare we are fighting does it make sense we are building ASWs and not funding FBI counter terrorism at a higher levels? We are putting legions of grunts on the ground on the other side of the world, but what about more money to fight threats at home?
  • What about bringing the troops back home including the bases we have in Germany and on EU soil? Did you know the USA has 42,000 soldiers in Germany and Italy. Those are a lot of young intelligent people who could be doing something else besides guarding rich Germany.

How much of the budget do we allocate for defense

We spend too much and on the wrong things. 700 Billion is not a real number anymore by the way. It is about 1.5 trillion, but those numbers are so large does it mean anything.

Defense is about 25% of the national budget (4.7% of GDP). Is this level optimal? What if it was 5% or 1% of the total budget? What if we did not build attack submarines and such and had a budget for 50 billion for FBI anti-terrorism would that not make more sense? I think before then next national strategy happens we have to rethink the way we are thinking about national defense.

On a positive note , this is nowhere near the cold war percentages of over 50% of the total US budget, but they were different times. The United States had a stronger economy as the whole world was rebuilding from WWII and the other half was communist. The USA was the economic leader by a mile. No one could touch us. These are different economic times.

Before the people of the USA goes bankrupt we have to think if 50% of the discretionary spending on the military is the right amount.

The US budget is 6 times the budget of China. And do you think China is worried about its defense?

Who is a patriot?

Is a patriot someone who beats drums and  supports a system that will lead the US down the path of decay? America is losing its edge because of special interests, including misallocated US military spending which is draining United States resources. Military expenditures are always unproductive expenditures. It is like a house with no insulation.

My conclusion is amped up anti-terrorism efforts and reduce cold war weapons to nil. Save the USA by passing a balanced budget amendment and become strong economically and this will help our ability to defend ourselves. Politicians are dancing around the issue of reallocating the military because of political reasons for special interests. Robert Gates tried to convey some small cuts were big changes. They are not. Military intelligence is a contradiction in terms.


The 2012 US presidential election issue

The most important 2012 US Presidential election issue

Imagine if you could turn off the election news for the next two years and be able to predict the election better than any poll or odds. You can. The economy is the key issue in every election.
What are the key issues in the 2012 US Presidential election? There are many but in the end the only there is really only one. There is one issue that determines the election. It is the economy. The purpose of this post is to explain the relationship between the economy and election results.

The thing that matters is the economy in the reelection of a potential second-term president. It is very hard to dethrone a US President, even if not popular. Even if in the interim the people are unhappy they reelect their leader come November. People like what they know. This is especially true if there is money in their pockets. If you have a job and are making money why risk an unknown. If your job is in jeopardy, anything could happen.

Recent US election history:

  • Ronald Reagan – got elected to fix the Carter economy. It was the Reagan revolution. Actually, it was not Carter’s fault at all. But I remember unemployment, inflation, and interest rates were double-digit and people wanted and needed a cowboy to fix it, Reagan did. Despite the revisionist history, Reagan did save the US.
  • George Bush Sr. – The Reagan economy legacy left such good feelings George Bush Sr. got elected.
  • Bill Clinton got elected under the message of the change when the economy was faulting with a recession but really won the 1992 election because Bush went back on this promise of no new taxes (an economic promise). Do you remember ‘read my lips, no new taxes’?
  • George Bush Jr. – After the Internet stock bubble of the 90s the Democrats did not stand a chance and George Bush Jr. was elected. Actually, the election of 2000 was close, but it was still the economy that nudged it towards Bush. If people had a choice to vote on saving the trees (Gore) or saving their jobs (Bush) most would go with the latter. In 2004 he was re-elected as the economy was still in reasonable shape on their surface thanks to Greenspan lowing interest rates to ridiculously low levels.
  • President Barack Obama got elected when the economy in 2008 was discovered to have a major crack in it. There is no way the Republicans could win with that much finger-pointing and blame going around.
  • President Sarah Palin was elected in 2012 because the Obama New Deal II was a legacy of costly bailouts that did not lower unemployment, in fact, it raised it. OK, maybe this did not happen yet.
The economy, specifically unemployment is the most important issues in the 2012 US presidential election.

Each election is different. It is not just the absolute level of unemployment but the relative level. If it is +2 or -2% from the midterm point. That means for Obama, if unemployment is in the 7% range, he will get reelected. If it is not, there is a good chance we will be signing book deals.

Why I do not vote on Economic issues

As much of a Libertarian free-market Adam Smith Republican, I am, I still am mostly a one-issue voter, that is the life issue. I know it is not politically correct to talk about this, but it is important. I may be rich or I may be poor, but for me, personally social issues like life and the environment and peace are more important than the amount of disposable income in my pocket.

I think for many people in 2012 the election issues will be divided along social lines like the life issue, for some the environment, etc.  But the issue is the swing votes are economic voters. These are the ones that will vote swing the election. Others like me already know what is important in the primaries and elections. Others are entrenched as liberals or conservatives along social lines so it is hard to change these guys.

I estimate that less than 30% are primarily economic voters, maybe much less. Maybe I am wrong so please take my poll.

[poll id=”8″]

Is there is another Presidential election issue that is important to you? Let me know. Leave a comment as to what is you think is the most important issue in the 2012 US Presidential election.


Libertarian Health Care plan

How to fix US health care – A libertarian solution

The purpose of this post is to give my personal experience with US and EU medicine and a solution to US health care based on this. I will give my libertarian solution first and my experiences second.

I am not some heartless libertarian idealist. Rather, the opposite. I think the libertarian solution to health care is the most compassionate as it will increase the level of care and for more people. I also think the Republican and Democratic solutions are bloated with special interests.

Let’s look at the problem and the solution in simple terms and the libertarian fix.

The US health care problem

  • US medical care is not a free market. – There was a time in the US in the 1960s when we did not have a health care crisis. I remember this time. Now, about 50% of health care expenditures is government money paying and price-fixing with many intermediaries and rules. This is not a free market. Prices should be a fraction, maybe 20% of what they are today if we had free-market medicine. Also, innovation is slowed as the lawyers, insurers and health care providers are fat cats. I use to work for an insurance company in management, and I have the insiders perspective. Everyone is to blame as everyone is trying to get a slice of the pie.
  • Medicine is a new type of public good – It can not be rationed based on income as there are moral issues. This point is important as we all need medical care and the poor and middle class will be left behind while the elite will have access.

The solution for US health care:

  1. Deregulate all aspects of medicine from pharmaceuticals to medical licensing. The cost would fall and quality would improve. Just like when contact lenses use to cost a fortune and now every teenager can afford them. If you pay 10,000 dollars a year, you would only have to pay 2,000 dollars with real free competition. This almost everyone could afford. Also, the variety of treatments would increase, including natural health practitioners. Reputation and quality would be based on results rather than accreditation. Americans would not be fooled into thinking there is a national standard. If you had a company would you rather hire a Ph.D. in accounting or a smart accountant? The same is with Doctors, book knowledge and the ability to get into school does not equate with being a good doctor. Currently, only 100,000 new doctors are allowed each year. This number leaves many capable, talented and passionate people barred from practicing medicine based on often subjective criteria. The FDA would be eliminated and replaced with private risk assessment. Having worked for a pharmaceutical company, I have witnessed that most rules and regulations are about ‘dotting the i-s and crossing the t-s’ and forms and paper. This takes resources from research and development and slows the progress of medicines and help for people in need.
  2. Medical care for the poor – With people making under 50,000 dollars a year have a negative income tax. They will clearly have the ability to pay if health care is cheap and they get cash. The main problem is the cost issue in the USA because of too much government. If the negative income tax is a pipe dream than tax credits, medical savings accounts and vouchers could be implemented.

When I use private medical care in Europe where I live, I pay about 12 – 15 dollars for an office visit. These are with top quality licensed doctors. This is not the copays but the payment. Medical care in the USA is ridiculous.

Why the mess and lack of reform?

The Republicans generally favor companies and the upper class and the Democrats, government and social medical solutions. The way our government works, that is watering everything down, the above libertarian plan would be hard to get past congress unless there was really a Ron Paul revolution.

Health Care legislation always results in some special interest pork compromise. However, if the libertarian health care solution was implemented we would have the best medical care coverage in the world for all. Believe me, now we do not.

Why do I pay $700 dollars a year in Europe for the same treatment that would cost $15,000 in the USA?

Health care costs prevent me from moving back to the USA – A personal account

I live in Europe and I recently was thinking to move back to the USA. I have a small business and can run it in Europe or in the USA. It does not matter, I also trade stocks. Since I have a dual EU/ US passport I can live on either side of the pond and have.

As a former accountant, I crunched the numbers as the cost difference between my lifestyle here and in the USA. All was good. I was looking forward to moving to sunnier weather. However, when I got quotes for my family from a relatively low-cost provider on health care, after all, is said and done we will pay about 15,000 dollars a year. That is, calculating health care premiums, deductibles, co-pays, etc. That means also is based on if we use it to Max. For me, that is a lot of money. I am basically financially independent but, I am not a millionaire yet.

Health Care costs were the deal-breaker. In Europe, I get 100% medical care for free. I pay taxes and I get social medicine. It is clear. In the USA I pay taxes and get nothing.

If I want extra care in Europe, then I can go to a private clinic, but public medicine is basically the same. The quality in most ways is the same or better than the US as there are so many restrictions and fears of lawsuits in the USA.

Here doctors just work with the patient directly with cost, rather than through intermediaries. This is an important point. The intermediaries take a lot in the USA.

In Europe, if I need contact lenses you just buy them. In the USA it is a racket, you need a prescription. This is a rip-off, it is not needed. There are many such things.

The technology is exactly the same so do not believe only the US has high tech equipment and you fall off the edge of the world if you leave the USA.

I do not understand it. Why in Europe a medicine at such a high level, and can be covered by the state via taxes relatively cheaply, but in the USA health care is such a mess. My answer goes back to the point made above, special interest and it is not free-market libertarian medicine.

Why US medicine is not the best

  1. US medicine is a racket. – I have personal experience with doctors who overcharge whenever they can be based on my type of insurance. I even reported them but everyone basically said, this is the way it is. I had a dermatologist touch my face and he called that surgery on the billing. I had an X-ray charged five times more because they saw my work picked it up. I had a doctor tell me I had to take a drug I did not need. We do not have a free market and this is why I am for a libertarian solution.
  • American medical care is focused on short-term, get the patient home on their own as fast as possible. This is to contain cost and liability. However, it really sticks. For example, someone with head trauma might need long-term cognitive therapy to learn to do basic things. It is effective and necessary. In the USA everything is so expensive that this is not practical except for the elite. A specific example is US soldiers with head trauma are sent home without coverage cognitive rehabilitation. Therapy would be about 20,000 dollars a year. They are on their own. In Europe, this would never happen. It is a disgrace.
  • American doctors are not the best and brightest – In my experience, American doctors are so afraid of lawsuits they stay within very narrow boundaries of treatment. If you are really sick you do not want the ‘watch and wait for’ strategy. Experimental treatments are not worth the risk and out of the bounds of thinking. I have had many times when I knew more than the doctor. They are filled with book knowledge and facts for accreditation but do not think dynamically.
  • Americans do not live that long – As compared to other rich countries we do not even come close to number 1. We are like 16th in the world. The proof is in the pudding.

If European medicine works why am I for a libertarian solution?

I am somewhat of a libertarian, but I am also honest and not going to bend the truth to fit my political ideology. The truth is social medicine does work in Europe. It works well and Europeans have a nice life. They can focus on other things than running scared about losing their job and being bankrupt by a personal disaster. Ironically, if I had to two chFiat money is creating money out of thin air and distorting the capital structure, creating business cycles, driving up debt and increasing inequality manifest by the Gini coefficient.oose a nonlibertarian health care plan, I think I would come closer to the democratic plan.

However, the best solution is the libertarian solution in the USA for drugs and treatment. In lieu of that, I would say that a very liberal two-tier system of private and public medicine. For the USA with such an independent-minded tradition of freedom, as opposed to the European idea of the greatest good, the libertarian health care reform is the best and most practical.