Thoughts 2 Weeks Before the Election

Three things came to mind as we close in on the midterm election.  1.  What must be a Democratic election nightmare, an expose from somewhere showing the women coming forward to tell lurid stories about the young Bret Kavanaugh were a put up job. 2. Healthcare is in the forefront but with no plausible solution from either side. 3. Picking a side in a Moslem religious war wasn’t great idea.

1. Weeks have gone by and zero additional negative claims or info has surfaced about Justice Kavanaugh.  Stranger we know little more about his accusers.  The last two accuser’s stories were so weakly supported even by the accusers themselves they were never taken seriously by most people.  Christine Blesey Ford seems to be in witness protection somewhere.  Yet all three were actively involved in an attempt to bring down a sitting federal judge.  The story has to be big enough to gather interest in how all this came about.  Possibly the fact most of the press was on the wrong side with their constant use of “credible accusation” throughout this spectacle may mean they have no stomach for possible further investigation.  Still among for those on the other side, the prospect  of finding the full story would be just too tempting to not follow-up. This has to be causing night terrors among Democrats and maybe some in the #Me Too Movement.

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Healthcare Update and why Dave’s Plan is Best

“Medicare for all would cost $32 trillion” ,”stripped down low-cost policies now available”,  “Obamacare loses pre-existing condition protections”, “Democrats will highlight Healthcare in the mid-terms” and “House bill allows for more Health Savings Account (HSA) Flexibility”.  Healthcare has been in the news lately and in political campaigns signifying  noise but little forward motion.  Democrats in many of the mid-term races are making healthcare a centerpiece.  What that means varies between  bailing out Obamacare to Medicare for All.  By easing requirements to cover pre-existing condition and allowing stripped down short-term health policies the administration further destabilized the already wobbly Obamacare.  What these efforts won’t do is bring us closer to a workable health policy.  Just more nails in the Obamacare  coffin without replacing it with a workable healthcare plan.

Charging into the breach, progressives led by Sen. Bernie Sanders and his young Congressional candidate companion, Alexandria Ocasio-Cortez with their plan to save the day, Medicare for All.  The idea is everybody loves Medicare so let’s give it to everybody.  On the face of it, it would seem a poor idea to add millions and millions of people to a program that no longer is keeping its head above water.  Adding to the idea’s questionable fiscal sanity was a report by Charles Blahous of Mercatus Center at George Mason University showing the plan would  add $32.6 trillion over the first decade of Medicare for All.  Not deterred, Sen. Sanders and Ms. Ocasio-Cortez proffered Blahous’s report actually shows when all healthcare costs are figured in Medicare for All is a great bargain.  Mr. Blahous apparently wasn’t amused and took to the Wall Street Journal Op-Ed page to show that this clearly was untrue.  Citing not only his work but other concurring studies he laid waste to the Sanders-Ocasio-Cortez talking points.  One would think that would be the end of their use of his report in their talking points, but you would be wrong.  Days after the OP-Ed was published, MS. Ocasio-Cortez appeared on Chris Cuomo’s CNN prime-time show and repeated the same discredited talking point that Blahous’s report shows Medicare for All is a bargain.  Of course Chris Cuomo brought up Blahous’ refutation of everything she was saying. Wrong.  He sat there never uttering a question or fact.  Now in show prep for her appearance this WSJ OP-Ed surely would’ve come up. We always thought Cuomo was a dim bulb but where were the producers?  Cuomo just thanked Ocasio-Cortez  profusely  for her appearance and  insights.  Apparently Bernie and Alexandria will repeat this refuted talking point at every opportunity. Such is the state our healthcare discussion.

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Pre-Holiday Observations

With a nod to  Martin Niemoller (see our previous post), when they came for the Duke La Crosse team Senator Franken said nothing. Then they came for Roy Moore,  Franken cheered. Then they came for Franken and no one was there to speak in his defense. This is the same Senator that tweeted  “@BetsyDeVosED‘s decision to reverse guidelines on campus sexual assault threatens students’ civil rights. We must protect our students.”  Yes, those were the same rules severely limiting the rights of the accused on campuses.  Poetic justice? He certainly won’t be the last they come for.

While on the subject of sexual harassment or worse and those accused of these transgressions, so much of what is discussed never made it to any court.  There has never been or  ever will be any legal determination on the claims of Leigh Corfman, Beverly Nelson, Juanita Broderick or Kathleen Willey.  These cases and so many others just come down to the very subjective “who do you believe?.”  Not so in the case Paula Jones pressed against Bill Clinton  The very existence and ensuing testimony of Monica Lewinsky and Pres. Clinton in this case allowed Linda Trip to convince Lewinsky to preserve evidence proving the then President was a liar under oath. This led him to concede throwing in the towel by paying the maximum amount Jones asked.  Further his lies under oath in this case caused him to lose his law license. No question here on who to believe.  The case entailed the claim the then Governor of Arkansas exposed himself to  state employee Jones while soliciting sexual favors.  Sounds similar to so many of today’s accusations.  What seems to be forgotten, the case was initially thrown out of court to the cheers of all the major woman’s organizations and of course Democrats. It was tossed not on the facts of the case, but for lack of standing. The court just couldn’t see how Ms.Jones was damaged.  In a civil case you have to show harm and the court couldn’t see any.    A lowly state employee subjected to extreme sexual harassment by her ultimate boss but only pain in the pocket-book was recognized. How would this play today? Jones persevered without any help from the “feminists” of the day and their allies through the appeals process to an ultimate victory that netted her little monetarily but much ugly commentary.  To this day her detractors have never embraced her.  If they couldn’t support a lowly public employee, who?  Just Hollywood stars and other elites? Have you ever heard anyone call Paula Jones a heroine? Yet she stood up and fought it out at the time in the courts unlike so so many of today’s “heroes.”

We talk about the mandatory the savings embodied in “Dave’s Plan” and eyes glaze over.  “That will never fly” they say. Yet we just ran across this little snippet in the Week, Dec. 8,

Oregon Retirement005

This trend towards mandatory savings accounts is gaining strength here and abroad simply because it’s a necessity to achieve the future we all desire.  Marry this to the major trend towards Health Savings Accounts (HSA) and we’re on our way to Dave’s Plan’s Personal Benefit Account (PBA). (See the entire series under Dave’s Plan) Add a credit card feature and you’re basically there. We just got there sooner.  After all, in a Capitalist Society it really good to have capital. As a wise man we knew once said, “rich or poor, it’s good to have money.”

Some of the program Republicans pined for ages has been accomplished.  A number of regulations have been rolled back and their growth has slowed. Tax relief for business is a reality.  For a country that had the highest corporate tax rate and fallen out of the top thirty countries for doing business, this has given a much-needed boost to our nation’s competitiveness.  A great number of conservative judges have been appointed.  However, one has to wonder if this just might be the high point and now for the ride downhill. President Trump and the Republican Congress could generally agree on these things, but not so much on the other problems that stubbornly remain. The tax cut looks like it will add to the deficit. (4% average annual growth for the next ten years may produce a bonanza of tax revenue but would you bet the nation on it?)  This brings entitlement reform to the fore.  Lots of luck there with a the president on record as a against any reductions.  The bi-partisan Simpson-Bowles plan could be a starting point but does anyone expect Trump to go where Obama wouldn’t (even though he appointed the commission). A bad Health Care plan died once, can they come up with something that would actually work?  Trade policy under Trump could possibly start trade wars offsetting gains on taxes and regulations. Immigration reform has a constituency on both sides of the aisle but Trump and his followers will never go for the increase we despairingly need.  With a record high stock market and a record low unemployment, the President and Republicans have horrible poll numbers.  What if the market and/or the economy take a dip? What would that portend for the 2018 and 2020? Like Obama, much of what has been accomplished can be reversed by a change in the political winds. Eau de Trump still threatens the Republican’s very existence.  Under these circumstances would you  put more money in the stock market now?  We aren’t.  Would you consider taking money out?  We are? Could this kind of thinking by itself u cause the dip?  Yes!  Are you now sleeping better?  We aren’t.

We’ll save our comments on the Middle east and wedding cakes for later and wish everyone Happy Holidays.

 

 

 

 

 

You’re Surprised?

Attorney General Sessions is left twisting in the wind. Secretary of State Tillerson can’t name his own staff and is totally undercut on Qatar.  Secretary of Defense Mathis in the midst of conducting a 6 mos review of transgender policy, finds the President just banned transgender from the Military. Trump boosters pointed to President’s cabinet as the administration’s great strength.  Instead, this highly accomplished group is in the process of losing their well deserved reputations.  Still it’s hard to have much sympathy for them. Were they unaware of Aesop’s Fable of the” Frog and the Scorpion”. The well-meaning but foolish frog gives a scorpion a ride across a river. Halfway across the scorpion stings the frog, dooming them both . When the frog asks why, the scorpion said it was his “nature”. In other words , what did the frog expect? He’s a Scorpion for god sake.What did these fine people expect? Didn’t they already know Trump’s “Nature”?

Add Health and Human Services Secretary Tom Price, who claims to have spent years in congress working on a replacement for Obamacare, but brought forward together with his former Congregational  companions a disaster. Trump is just now starting in on him. Of course Trump himself never mastered the problems of health care and was therefore almost useless in trying to pass legislation. Don’t expect to hear Trump taking any blame. That always lies elsewhere Does anyone feel comfortable in the Trump Administration? Maybe that’s why the administration has so many unfilled positions.

In any case, the latest Senate try at Obamacare repeal died in the middle of the night with a  dramatic John McCain thumb down. One doesn’t have to disbelieve the Senator’s dislike for the legislation to also see just a little pay back. Surely Trump knows what goes around comes around. Shouldn’t Trump and his base have realized John McCain owed the President nothing. McCain didn’t get mad, but he did get even. There is a reason people avoid out loud nastiness. It just may come back to bite you in the butt. It did here. Whatever McCain’s reasons, it does put the door to a compromise on health care slightly ajar. Of course, we offer  DAVE’S PLAN TO REFORM THE AFFORDABLE CARE ACT as a winning compromise.

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