Archive for March, 2012

Paul Harvey 47 years ago

Thursday, March 29th, 2012

Famous ABC radio news commentator Paul Harvey had millions of Americans listening to his programs on 1,200 radio stations.  This commentary was broadcast April 3, 1965. It’s less than 3 minutes. As always, he nailed it, and still millions fail to see the light.  Notice especially what he said in 7 seconds, from 1:57 to 2:04 in the broadcast.


Saturday, March 24th, 2012

Lawmaker warns of the perils of independent thinking.

A Missouri state lawmaker says it’s a scary time in America, especially if you’re not fully on board with Washington’s socialist-leaning agenda.

“It’s kind of a dangerous time for people in America who might wind up disagreeing with the government,” Missouri Rep. Paul Curtman said regarding opposition for the National Defense Authorization Act.

After serving in the Marines for 10 years he realizes that under the federal government’s definition of “potential terrorist,” he qualified because he is a combat veteran and has conservative political views.

Read entire article

Cam O’Uflage     Quebec City

Medicine Is Swallowing the Federal Budget

Thursday, March 22nd, 2012

Speaking at the American Academy of Orthopaedic Surgeons (AAOS) in San Francisco, Pulitzer Prize–winning political commentator George Will addressed what he labeled “the spreading web of dependency” that is choking the country. (read the entire article)

Every 10 seconds, the U.S, government borrows another half a million dollars, explained George Will at the AAOS keynote. Quoting Hemingway–there are two ways to go bankrupt, gradually and suddenly. And we are headed towards the suddenly part.

Taxing the wealthy, which has been proposed as a solution to this financial problem is a bad idea, he said. “A country that has lost $7.4 trillion in home equity needs more than a fiddle like that,” he said, explaining that if all of the wealth of billionaires in the country was confiscated, it would not pay six months of the country’s debt.

The government is larger than most people understand it to be. One fifth of American personal income is derived from the government. “There are twice as many government workers as there are people working in manufacturing.”  And much of this government debt is fueled by medical expenses. Before the healthcare reform legislation was passed, 50 cents of every healthcare dollar was from the government, he said.

Every day, from now to 2030, 10,000 more Baby Boomers become eligible for Medicare and Social Security. Five years ago, Will turned 65 and received a Medicare card. “I showed it to my doctor who said, ‘That is wonderful George, now we’ll send your bills to your children.’” That may have been a joke but it is, however, how the welfare state works, he said.

The problem is becoming more urgent as the population gets older. In particular, it is especially expensive to take care of the “very old.” The average cost of taking care of an 85 year old is five times higher than the average costs of a 55 year old.

And there are fewer people to support the elderly financially. In 1940, there were 42 workers for every retiree. Today, there are 3.1 workers for every retiree. And by the time the Baby Boomers have retired, assuming that migrant workers continue to come to this country at a sustainable rate, there will be 2.1 workers for every retiree.

While medicine has progressed amazingly over the decades, at has come increasingly expensive. Will pointed out that he was born in a hospital in Illinois whose biggest expense was clean linen. Without things like MRI machines and expensive prescriptions, healthcare was relatively inexpensive. But, now, the country is spending close to 20% of GDP on healthcare