Showing posts with label Thomas Sowell. Show all posts
Showing posts with label Thomas Sowell. Show all posts
Tuesday, December 3, 2019
Friday, June 28, 2019
Monday, May 20, 2019
Hey Thomas Sowell, the only person who has been term limited is precisely the wrong person to term limit
Foreign dictators like Xi Jinpingpong know they can outlast 2-term US Commanders in Chief and get away with bloody murder.
The founders didn't believe in term limits, otherwise we'd already have had them in the Constitution, but they did believe in the natural growth of representation, which a tyrannical, power hungry Congress voted to stop in 1929.
Fix that and we can vote the bastards out a lot more easily than we can now. It wouldn't take $10 million to win a lousy House seat representing thirty, forty or fifty thousand people as originally intended like it does now for districts representing on average 757,000 people, and it wouldn't if we also required all campaign money to originate in the respective districts of the representatives (states for Senators).
#RepealAmendment22
#RescindReapportionmentActOf1929
Monday, February 6, 2017
Thomas Sowell returns to his column to speak out on behalf of Betsy DeVos
Here.
While DeVos' previous support for Common Core is worrisome, the vehement opposition to her from the unionized education establishment indicates there is tremendous fear that she will succeed and shake up the current failed system.
She should be confirmed just for that reason.
Tuesday, November 13, 2012
Thomas Sowell Recognizes Tom Dewey In Mitt Romney
Thomas Sowell recognizes Tom Dewey in Mitt Romney here, as did we, and divines the horrible consequences of Romney's loss:
Quite aside from the immediate effects of particular policies, Barack Obama has repeatedly circumvented the laws, including the Constitution of the United States, in ways and on a scale that pushes this nation in the direction of arbitrary one-man rule.
Now that Obama will be in a position to appoint Supreme Court justices who can rubber stamp his evasions of the law and usurpations of power, this country may be unrecognizable in a few years as the America that once led the world in freedom, as well as in many other things.
Barack Obama's boast, on the eve of the election of 2008-- "We are five days away from fundamentally transforming the United States of America"-- can now be carried out, without fear of ever having to face the voters again.
This "transforming" project extends far beyond fundamental internal institutions, or even the polarization and corruption of the people themselves, with goodies handed out in exchange for their surrendering their birthright of freedom.
Obama will now also have more "flexibility," as he told Russian President Medvedev, to transform the international order, where he has long shown that he thinks America has too much power and influence. A nuclear Iran can change that. Forever.
Have you noticed how many of our enemies in other countries have been rooting for Obama? You or your children may yet have reason to recall that as a bitter memory of a warning sign ignored on election day in 2012.
Tuesday, August 28, 2012
Thomas Sowell Tells A Truth Rep. Paul Ryan Remains Afraid To Tell You
Here:
Neither Social Security nor Medicare has ever had enough assets to cover its liabilities. Very simply, there has never been enough money put aside to do what the government promised to do.
These systems operate on what their advocates like to call a "pay as you go" basis. That is, the younger generation pays in money that is used to cover the cost of benefits for the older generation. This is the kind of financial pyramid scheme that got Charles Ponzi put in prison in the 1920s and got Bernie Madoff put in prison in our times.
Labels:
Bernie Madoff,
Medicare,
Paul Ryan,
Social Security,
Thomas Sowell
Tuesday, July 10, 2012
Just 64.3 Percent Of Labor Force Is Working, A Level We Left Behind In 1985
Chart and data here.
Thomas Sowell for Investors.com puts that into perspective, here:
"During this administration, the proportion of the working-age population that has a job has fallen to the lowest level in decades. The official unemployment rate does not count the millions of people who have simply given up looking for a job.
"If everybody gave up looking for a job, the official unemployment rate would fall to zero. But that would hardly mean that the problem was solved or that the 'stimulus' worked. Creating particular jobs does not mean a net increase in jobs."
Tuesday, June 12, 2012
Thomas Sowell Agrees With Us: Obama Is A Fascist
Thomas Sowell for Investors.com correctly locates Obama's socialism in the fascist vein:
What President Obama has been pushing for, and moving toward, is more insidious: government control of the economy, while leaving ownership in private hands. That way, politicians get to call the shots but, when their bright ideas lead to disaster, they can always blame those who own businesses in the private sector. ...
One of the reasons why both pro-Obama and anti-Obama observers may be reluctant to see him as fascist is that both tend to accept the prevailing notion that fascism is on the political right, while it is obvious that Obama is on the political left. ...
What socialism, fascism and other ideologies of the left have in common is an assumption that some very wise people — like themselves — need to take decisions out of the hands of lesser people, like the rest of us, and impose those decisions by government fiat.
Read the complete column, here.
Tuesday, February 7, 2012
Thomas Sowell Says Mitt Romney's Minimum Wage Views Prove He's No Conservative
Here:
When you set minimum wage levels higher than many inexperienced young people are worth, they don't get hired. It is not rocket science.
Milton Friedman explained all this, half a century ago, in his popular little book for non-economists, "Capitalism and Freedom." So have many other people. If a presidential candidate who calls himself "conservative" has still not heard of these facts, that simply shows that you can call yourself anything you want to.
Tuesday, January 31, 2012
Thursday, November 5, 2009
Insurance is for Accidents, Not Oil Changes
Political meddling in healthcare has driven up its costs and reduced choice. It's time to end that, not expand it, as yet another excellent thinker has made plain here.
November 3, 2009
The "Costs" of Medical Care: Part IV
By Thomas Sowell
What is so wrong with the current medical system in the United States that we are being urged to rush headlong into a new government system that we are not even supposed to understand, because this legislation is to be rushed through Congress before even the Senators and Representatives have a chance to read it?
Among the things that people complain about under the present medical care system are the costs, insurance company bureaucrats' denials of reimbursements for some treatments and the free loaders at hospital emergency rooms whose costs have to be paid by others.
Will a government-run medical system make these things better or worse? This very basic question seldom seems to get asked, much less answered.
If the government has some magic way of reducing costs-- rather than shifting them around, including shifting them to the next generation-- they have certainly not revealed that secret. The actual track record of government when it comes to costs-- of anything-- is more alarming than reassuring.
What about insurance companies denying reimbursements for treatments? Does anyone imagine that a government bureaucracy will not do that?
Moreover, the worst that an insurance company can do is refuse to pay for medication or treatment. In some countries with government-run medical systems, the government can prevent you from spending your own money to get the medication or treatment that their bureaucracy has denied you. Your choice is to leave the country or smuggle in what you need.
However appalling such a situation may be, it is perfectly consistent with elites wanting to control your life. As far as those elites are concerned, it would not be "social justice" to allow some people to get medical care that others are denied, just because some people "happen to have money."
But very few people just "happen to have money." Most people have earned money by producing something that other people wanted. But getting what you want by what you have earned, rather than by what elites will deign to allow you to have, is completely incompatible with the vision of an elite-controlled world, which they call "social justice" or other politically attractive phrases. The "uninsured" are another big talking point for government medical insurance. But the incomes of many of the uninsured indicate that many-- if not most-- of them choose to be uninsured. Poor people can get insurance through Medicaid.
Free loading at emergency rooms-- mandated by government-- makes being uninsured a viable option.
Within living memory, most Americans had no medical insurance. Even large medical bills were paid off over a period of months or years, just as we buy big-ticket items like cars or houses.
This is not ideal for everybody or every situation. But if we are ready to rush headlong into government control of our lives every time something is not ideal, then we are not going to remain a free people very long.
Ironically, it is politicians who have already made medical insurance so expensive that many people refuse to buy it. Insurance is designed to cover risk. But politicians have mandated that insurance cover things that are not risks and that neither the buyers nor the sellers of insurance want covered.
In various states, medical insurance must cover the costs of fertility treatments, annual checkups and other things that have nothing to do with risks. What many people most want is to be insured against the risk of having their life's savings wiped out by a catastrophic illness.
But you cannot get insurance just for catastrophic illnesses when politicians keep piling on mandates that drive up the cost of the insurance. These are usually state mandates but the federal government is already promising more mandates on insurance companies-- which means still higher costs and higher premiums.
All this makes a farce of the notion of a "public option" that will simply provide competition to keep private insurance companies honest. What politicians can and will do is continue to drive up the cost of private insurance until it is no longer viable. A "public option" is simply a path toward a "single payer" system, a euphemism for a government monopoly.
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