Framing the Dialogue

Posts Tagged ‘subsidies’

A Grubbier Gruber

imageThe media, at least those on the right, are voraciously digging into The Gruber and his wagging tongue. As you may know a case will be heard in the U.S.Supreme Court regarding whether the government can offer subsidies from health insurance exchanges set up by the federal government. These subsidies are the backbone of Obamacare. There’s just one thing in the way. Well there are many things, but this one seems to finally have traction. The Act specifically states that only exchanges set up by states can offer subsidies.

Parsimony – You Didn’t Drill That

Yet again an Associated Press story is the muse of a Parsimony post. I don’t seek out AP stories, but it often seems like their reporting often shows the bias of the mainstream media. This article is just in time for the 2012 election cycle and puppets Obama’s misspeak (by misspeak I of course he blurted out what he really believes) regarding government’s role in funding private business. By the way this was a front page article in my local “conservative” newspaper.

First the headline (with a link to the original story)…

Federal Dollars Fueled Natural Gas Boom

…Now the story with my bold comments:

Shifty Focus

You may be please to find out that with over 9 percent unemployment (and that’s a low accounting of the real unemployment numbers), a slowing economy, inflation soaring, and greater unrest about the Obama Administration they have decided to shift their focus to the private sector to create jobs after having added over 140,000 federal jobs. Obama’s chief economist, Austan Goolsbee, appeared on CNN and made the announcement

“Corporations have become profitable again. What we need to do now is get the private sector stood up.”

Capitalism Then and Now

The recent headlines regarding General Electrics profits contrasted with their ability to paying any taxes in the United States had a lot of us scratching our heads.  I am sure there are no direct connections between GE’s ability to curry favor with the Obama Administration and their prominance in U.S. politics.  I am also sure that the fact that their former ownership of NBC and that network’s almost cult-like support of all things Obama played no factor in any subsidies that the company received directly or indirectly via customers who use their products.  As you know I am a thinker and a visual guy so I pulled out my old process diagram system and put together what capitalism might have looked like then (perhaps the turn of twentieth century)…

Let’s NOT Make A Deal!

I have to confess that I am embarrassed by being fooled by Obama last week and his tax “deal.”.  I felt a sense of relief when he annouced an agreement with Republicans for an extension of the Bush Tax Cuts for ALL Americans.  The far left went nuts over letting the “wealthy” keep their own money as if not stealing it through government dictate is something to give thanks.  The official Republican spin was that this was a good deal.  As the week wore on, however, we come to find that this deal contained a good deal more crap.  As usual the Republicans gave a lot more than they got and the Democrats are still trying to load this bill up with their wish list or more realistically to buy votes so the measure can pass.  Here is a partial list of the pork, but none of this is in writing and has all been done behind door number three:

News Briefs – Volume XI

News briefs are a collection of interesting news stories…

Brief 1:  The Democrats and Obama have been making some noise about providing subsidies for the dead tree media.  Maybe this is a quid pro quo since most newspapers have been propping  them up for decades and Obama for the past few years.  Before you get all freaky on this concept, remember that it has been used quite successfully in other countries.  The United States would join the ranks of Venezuela, China, Russia (they’ve gone a step further and have actually “cancelled” some journalists to decrease supply), North Korea and Nazi Germany. 

The Chinese Are Stealing Our Jobs

CalvinEconomicsAbout a year ago I was asked to participate on a committee (I know yikes a committee) from our local school district.  The idea was to pull together the community to work with district personnel to better prepare students for college and working life.  Our district has an outstanding track record in academics and that is one of the main reasons that we moved here long before we had children of school age.  At one of the first meetings we brainstormed about topics where more emphasis was needed to better prepare our children.