Remember the horror of the Patriot Act? Guess it is just fine now that BO is in power.

Books, Life, Computing, Politics, and the tracks of the domestic Moose through hill, dale, and lovely swamp.


If we’re lucky, Thursday’s summit will turn out to have been the last act in the great health reform debate, the prologue to passage of an imperfect but nonetheless history-making bill. If so, the debate will have ended as it began: with Democrats offering moderate plans that draw heavily on past Republican ideas, and Republicans responding with slander and misdirection.
It was obvious how things would go as soon as the first Republican speaker, Senator Lamar Alexander, delivered his remarks. He was presumably chosen because he’s folksy and likable and could make his party’s position sound reasonable. But right off the bat he delivered a whopper, asserting that under the Democratic plan, “for millions of Americans, premiums will go up.”
Wow. I guess you could say that he wasn’t technically lying, since the Congressional Budget Office analysis of the Senate Democrats’ plan does say that average payments for insurance would go up. But it also makes it clear that this would happen only because people would buy more and better coverage. The “price of a given amount of insurance coverage” would fall, not rise — and the actual cost to many Americans would fall sharply thanks to federal aid.
Translation: When the left predicts the future, it is holy writ passed from Olympus, when others predict the future, it is a "lie". The left's positions are not only inherently correct, the opposition has positions that are "unreasonable".
In fact, nobody knows the future, even with a Nobel prize. There is a lot of evidence that getting the government involved raises costs (see Medicare and health care cost). Some might validly believe that a bunch of new mandates for insurance companies would raise prices. It did in Massachusetts, now the highest insurance cost state in the nation, and it was one of the main reasons that the formerly all blue state elected Scott Brown. No matter, Krugman has spoken his decree for the future, to disagree is a "lie".
So what did we learn from the summit? What I took away was the arrogance that the success of things like the death-panel smear has obviously engendered in Republican politicians. At this point they obviously believe that they can blandly make utterly misleading assertions, saying things that can be easily refuted, and pay no price. And they may well be right.
But Democrats can have the last laugh. All they have to do — and they have the power to do it — is finish the job, and enact health reform.
Translation: The Democrats could not agree on health care with a 60-vote Senate majority, even with measures like buying the votes of some of their own party with hundreds of millions of kickbacks and voting on Christmas Eve. Now they lost that 60 vote majority due to a vote by the people in the bluest of blue states, but the RIGHT thing for them to do is to ignore that fact and shove the bill through anyway. It is however Republicans that are "arrogant". Whatever Republicans believe about the future is "a lie", what Paul and his cronies believe is the golden truth, pure in purpose and outcome.
To which one might say. Why can't we all just get along?

"The President's Proposal," as the 11-page White House document is headlined, is in one sense a notable achievement: It manages to take the worst of both the House and Senate bills and combine them into something more destructive. It includes more taxes, more subsidies and even less cost control than the Senate bill. And it purports to fix the special-interest favors in the Senate bill not by eliminating them—but by expanding them to everyone.

TERRY MORAN, HOST: There's a sense that something is broken in Washington summed up this week by Senator Evan Bayh (D-Ind.) who announced his retirement. I think it's fair to say he's leaving in disgust. Here's what he had to say.
SENATOR EVAN BAYH, (D-IND.): I have had a growing conviction that Congress is not operating as it should. There is much too much partisanship, and not enough progress. Too much narrow ideology, and not enough practical problem solving. Even at a time of enormous national challenge, the people's business is not getting done.
MORAN: Is he right, George?
GEORGE WILL: Well, it's hard to take a lecture on bipartisanship from a man who voted against the confirmation of Chief Justice Roberts, the confirmation of Justice Alito, the confirmation of Attorney General Ashcroft, the confirmation of Condoleezza Rice as Secretary of State. Far from being a rebel against his Party's lockstep movement, Mr. Bayh voted for the Detroit bailout, for the stimulus, for the public option in the healthcare bill. I don't know quite what his complaint is, but, Terry, with metronomic regularity, we go through these moments in Washington where we complain about the government being broken. These moments have one thing in common: The Left is having trouble enacting its agenda. No one when George W. Bush had trouble reforming Social Security said, "Oh, that's terrible - the government's broken."



Last week, amid Washington's blizzards, Obama was asked about the $17 million bonus awarded to JPMorgan Chase Chief Executive Officer Jamie Dimon and the $9 million bonus for Goldman Sachs CEO Lloyd Blankfein.I'm sure they are, I just don't like the idea that now my tax dollars are helping them be "savvy". Probably the smartest thing they did was provide big campaign contributions to BO.
"I know both these guys; they are very savvy businessmen," he said. "I, like most of the American people, don't begrudge people success or wealth." So much for campaign-trail denunciations of "fat cat" bankers and bloated bonuses.

What we in the western world are about to learn is that there is no such thing as a Keynesian free lunch. Deficits did not “save” us half so much as monetary policy – zero interest rates plus quantitative easing – did. First, the impact of government spending (the hallowed “multiplier”) has been much less than the proponents of stimulus hoped. Second, there is a good deal of “leakage” from open economies in a globalised world. Last, crucially, explosions of public debt incur bills that fall due much sooner than we expect
