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Friday, December 03, 2010

South Korea's new defense chief vows to retaliate directly against the North should they launch another attack like the recent artillery barrage. Is there a better way to deal with North Korea?

Paul Krugman has at last concluded what some of us have known for a long time, that President Obama is an empty suit. David Brooks creates a fantasy Obama who boldly leads us to serious tax reform. Don't hold your breath, David.

Meanwhile, the President is trying to make a deal with Congress on the extension of some of the Bush tax cuts. The House passed some legislation on the matter, but it is unlikely to pass the Senate. If nothing is done about the increase in the capital gains tax, we might see a stock market crash as investors decide to take their gains before January 1.

Here is a call to roll back Obama's spending.

Charles Krauthammer says we should prosecute the founder of WikiLeaks.

Victor Davis Hanson sees recent events as a tragic lesson in reality for Liberals, here and in Europe.

This story tells the tale of what happens when state governments, in this case Arizona, cut Medicaid. People in need of life-saving transplant procedures are taken off the waiting list, and die as a result. I hope people read the story and then spend some serious time thinking about it. When government runs health care, government officials decide who gets treated and who does not, based on whether or not they will pay for the procedures. They do this within budgeting constraints set by elected representatives. In the Arizona story, the people impacted by this are unable to pay for the procedures themselves, or afford insurance that can pay for it. In a universal government-run health system, everyone will be in the same boat. Which do you prefer? A system where people of means (through private insurance) can pay for life-saving procedures, but people who do not have the means cannot, or a system where government officials, acting within budgets created by elected representatives, make those decisions? Don't hold your breath waiting for the debate to be framed in those terms.

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