Conservative Wanderer

“A troubled and afflicted mankind looks to us, pleading for us to keep our rendezvous with destiny; that we will uphold the principles of self-reliance, self-discipline, morality, and, above all, responsible liberty for every individual that we will become that shining city on a hill.” — Ronald Wilson Reagan

Bill Frist Wants To Require Compulsory Health Insurance

I am sadly disappointed by former Senate Majority Leader Bill Frist.

For some reason, Frist is promoting forcing people to purchase health insurance, which is the first step down the road to a fully government-run healthcare system. Once you have the threat of fines and/or jail time for not purchasing insurance, it’s not that big a stretch to expanding federal control over the entire system.

This proposal is also essentially anti-freedom. Freedom includes the freedom to make stupid decisions and, yes, face the consequences of those decisions. Dealing with those consequences is one of the best sources of wisdom, which helps keep you from making more stupid decisions. Some people, apparently Frist included, want the entire world to have padded corners so no one ever gets hurt. But that’s not how America became great. America became the wonderful place it is because people took risks, sometimes failing, sometimes succeeding.

C. S. Lewis said it best:

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

One Small Victory Against ObamaCare

It may only be a small part of one of the competing ObamaCare bills, but it’s a victory nonetheless, and I’ll take my victories where and when they occur:

WASHINGTON—The Senate Finance Committee rejected amendments Tuesday that would add a government-run health-insurance plan to the committee’s health-care legislation, but debate over whether to adopt a public plan isn’t expected to end at the committee.

By a 15-8 vote, the committee rejected an amendment sponsored by Sen. Jay Rockefeller (D., W.Va.), that would create a public health-insurance option. Under Mr. Rockefeller’s amendment, a government-run plan would inherit Medicare’s network of doctors and hospitals and pay them based on Medicare payment rates for its first two years.

All Republicans on the panel voted against Mr. Rockefeller’s amendment, in addition to five Democrats: Senate Finance Chairman Max Baucus of Montana, Bill Nelson of Florida, Kent Conrad of North Dakota, Blanche Lincoln of Arkansas and Thomas Carper of Delaware.

A similar amendment that would create a public plan, but that would pay doctors and hospitals at negotiated rates rather than Medicare rates, was offered by Sen. Charles Schumer (D., N.Y.). It failed by a 13-10 vote, with Messrs. Nelson and Carper voting in favor of it.

Note, please, the GOP did not and does not have the votes to defeat either of these amendments… this is Democrats voting against amendments offered by other Democrats.

In other words, we have an ongoing fight within the Democratic party about this… and that’s gotta be good news for those of us who want this ObamaCare monstrocity defeated!

San Diego ACORN Office Protested

And now the professional rabble-rousers are themselves being protested:

A group of 30 protesters stood outside a San Diego ACORN office, alerting passerby’s to their discontent with the community organization groups venture into criminal activity.

Since the tapes were released a week ago, San Diego Association of Community Organization Reform Now (ACORN) office has been targeted by the County Board of Supervisors, Governor Schwarzenegger and now county taxpayers.

“We have to continue to keep the pressure on this government and stop the corruption before it’s too late,” said protest organizer Lindy Reedy.

The last paragraph, however, is the best:

The group declared the afternoon protest a success as 60 percent of the cars honked and they only got the finger once. “A good day indeed,” Reedy smiled.

The Wages Of “Tax The Rich”

This sort of speaks for itself:

Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party’s harsh rhetoric about big business.

The trend is a marked reversal from recent history, in which Democrats have erased the GOP’s long-standing fundraising advantage. In the first six months of 2009, Democratic campaign committees’ receipts have dropped compared with the same period two years earlier.

The vast majority of those declines were accounted for by the absence of large donors who, strategists say, have shut their checkbooks in part because Democrats have heightened their attacks on the conduct of major financial firms and set their sights on rewriting the laws that regulate their behavior.

There’s two things combining to create this trend, I believe.

First, political donations usually come out of disposable income (that’s a fancy name for what’s left over after the “must-haves” like mortgage, utilities, car payment, taxes, etc are paid), and with the Democrats signaling loud and clear that they’re going to increase taxes on top earners, that means they’ll have less disposable income. Therefore, smart people, when they hear things like that, start tightening their belts right away.

Second, the attacks on the financial sector, not to mention high-income people in general, really aren’t designed to make these high earners feel all warm and fuzzy about the Democratic Party, and the high earners are responding accordingly: by withholding their money from the party that’s attacking them.

Once again, the Obamacrats are getting bitten by something they should have been able to see coming, but for whatever reason didn’t, either through ignorance or just plain arrogance.

U.S. Dollar Continues To Weaken

The U.S. dollar continues to take a dive in value, but why? I thought our recession was slowing. I thought there was light at the end of the economic tunnel. What is going on? Why are world leaders now entertaining the idea of weakening the dollar to rebalance the worldwide economic situation [Article - FX COLUMN-Global rebalancing to weaken dollar, quietly]? There are several ideas, but we are not helping ourselves through reckless economic policies. Is it ignorance on the part of the Obama administration and the Federal Reserve or is it a calculated maneuver? I shudder at the thought of either one or the other.

Federal Reserve steps up its debt monetization

Monetizing Debt: The Grandest of Larcenies

Saying Goodbye to the Borrow and Spend Economy

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