Monday, March 22, 2010

Health care reform passes

President Obama is rightly basking in the glory of the passage of health care reform. This is a big victory for the sensible, compassionate portion of the electorate known as "fascist communist socialists" to the Republican Party.

As a former liberal and current "communist" I think this is as good an overhaul as we could get. I would prefer that abortion be available on demand. I would prefer either government price controls on procedures or a single-payer socialized model, but that's just too radical for the vast majority of Americans. Still, this is a good plan. More people will be insured, the insurance companies will be subject to more rules of fair play which is all for the better.

It is a very moderate, sensible approach that Obama pounded in his campaign. A campaign that WON, despite Republican and Tea Bagger assertions that fighting for health care reform goes against the wishes of 'the people'. I don't know what 'the people' they are referring to, but it seems pretty fucking obvious that the majority that voted for Obama had every chance to understand that they were voting in favor of comprehensive health care reform just like the bill that passed the House last night.

I challenge anyone bitching about this to state a specific part of the bill/law that they dislike. "Big gubment" is not specific. Its about as general as you can get.

And one more gripe. I would prefer more energy put into reforming financial markets. The mid-term election is nearly upon us, and the bad guys will certainly win big. The banks and insurance companies that nearly fell apart just prior to the Obama's election have still not been re-regulated. Time is wasting.

Wednesday, March 03, 2010

Disturbing

I had a little run-in with a true believer in the right wing fear and blame ideology today. It scared me, but not for the reasons the TB would want. Mr. TB warned me that interest rates are headed into middle double digits, that real estate values would plummet much further than they are now, led straight down the drain by Barney Frank, Tim Geithner and all liberals.

His theory goes something like this: Barney Frank and his liberal buddies forced banks to make bad loans to undesirables in the name of helping deadbeats. The deadbeats (being animals) naturally did not pay the loans back. This left lots of bad debt in the hands of the banks, which was then dumped on the government. The government (especially that tax cheat Geithner) is now borrowing more money than can ever be repaid to cover the bad loans and that international credit markets will soon refuse to buy US Treasury debt. As a matter of fact, Geithner is already having problems selling Treasury Notes so his house of cards will fall soon. This will send interest rates through the roof and further damage the credit markets, real estate prices and the flow of money.

I can't make this as scary as it appeared, when I was faced with the wide-eyed, self-assured terror in this man's eyes. He seemed very much like a rational, hard-working man. Still, it is scary to realize that many Americans are walking around with this kind of fear in their heads and their hearts. Scary to think what they might do with this fear.

I'm not afraid that his predictions could turn out to be right, because the logic and facts he believed are just wrong. Almost entirely wrong. A mass of angry, fear-ridden voters can do horrible things to their country and their own interests. That disturbs me.