25 June 2012

The Top Five Misconceptions Heading Into the 2012 Presidential Election Cycle

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#5
THAT 'OBAMACARE' IS A HOMICIDAL MANIAC IS A SICKLY MISCONCEPTION

Hundreds of millions of dollars will likely be spent by pharmaceutical, insurance, and other health care related companies to persuade the American population that a national health care system will lead to their ultimate and untimely death.  Anyone who has spent any time in London, Canada, Korea, or a host of other capitalist countries that boast a centralized health care system know that the health care is generally pretty good an far less expensive.  In fact, a national system reverses a backwards incentive structure in America, giving the system an incentive to cure rather than manage or mitigate.  Furthermore, a national health care system does not  necessitate the death of private health care.  Rather, it provides a check and balance against the private sector, ensuring that the private health care sector is at least as efficient as the public sector.  A thriving medical tourism industry has taken root within Korea's low cost private sector, for example. Finally, Obama managed to pass just a watered down version of a nationalized health care that Democratic leaders have been trying to push through since Truman.  So even the name "Obamacare" is a misconception.

#4
THAT OBAMA IS A SOCIALIST IS A TREE HUGGING MISCONCEPTION

Obama has revealed himself to be something of a conservative Democrat, which has disappointed the far left.  However, if the far left had simply paid attention during the 2008 Democratic primary, they would have saw that despite her hawkish tone, Hillary Clinton's platform was to the left of Obama's.

#3
THAT MITT ROMNEY IS A CONSERVATIVE REPUBLICAN IS A TEA BAGGING MISCONCEPTION

A look at Mitt Romney's record in liberal-leaning Massachusetts will reveal one of two things:  that Romney will say anything to get elected, or that he is a liberal - leaning Republican with deep ties to big business.  He's probably both.  Now that his media whore buddy, Donald Trump, has become embroiled in yet another Miss USA controversy, expect Romney to rapidly select a running mate that's more believably conservative.  As they did four years ago, birthers and tea baggers all over America will unite behind a young, idealistic conservative talking head Vice Presidential candidate.  Inevitably, the young idealist will be pushed to lob ridiculous accusations at the President which will offend the liberal media, resulting in their political suicide.

#2
THAT OBAMA HAS DONE NOTHING IS A DOER-DOING-DOES-AND-DID MISCONCEPTION

If you don't know this, then you need to pay better attention.  Just because Obama didn't produce an extravagant media event to declare Osama Bin Laden dead doesn't mean he didn't get job done.  On top of this, he refocused the war on terror in Pakistan and Afghanistan.  In addition, he signed into law an economic plan that helped save 3.6 million jobs, signed into law a landmark health care plan that has eluded Democratic leaders since Truman, signed into law landmark consumer protections and financial reforms, reformed the college loan system, rescued the American auto industry, repealed "Don't Ask, Don't Tell" and became the first "Gay President," signed into the law the Lilly Ledbetter Act ensuring equal pay for women.

#1
THAT GOVERNMENT CAN DO ANYTHING ABOUT RESUSCITATING THE PRIVATE SECTOR IS AN EXECUTIVE CLASS MISCONCEPTION


In a private sector characterized by 475:1 pay for CEO's compared to the average worker, then CEO's must be really good at their jobs and never make a mistake.  I'm sure that's what they'll tell you.  But anyone who has held an 'average worker' position knows that there is nothing Government can do to help the economy.  A generation of entitled white collar baby boomers are waging class, sex, generation, race and any other kind of warfare  they can think of in order to keep their egregious compensation package and make 150 the new 80.

(The reality is, in most cases, their real package is kind of lacking.  But that's a private - albeit laughing - matter.)

Economically speaking, in most cases their executive compensation package is about equal to the compensation packaging of the 1000's of workers they laid off.  In most cases, their press release blames the economy or the Government or the corporate tax rate.  In most cases, they will donate to Mitt Romney's campaign hoping that he will further lower the already too low corporate tax rate.

Remember, deregulation that was rampant in the Clinton and Bush administrations put Big Business, not Government, in charge of our economy.  It is big business leaders, not Government leaders, that made the biggest mistakes that last market bubble to go "pop!"  Remember that a market is nothing but the people who make them up.  Time for the Republican party to act on their platform, and bring personal accountability into the equation.  Unfortunately that is like saying no to about 50million dollars a month in corporate donations and turning down fancy dinners with lobbyists.

Bummer for the rest of us.


21 June 2012

LibsandCons is back.

LibsandCons is back for the new election cycle pitting candidate Mitt Romney against incumbent President Barack Obama.  Smart money's on Obama.

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