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News

Obama administration modifies report by experts

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Story here at Fox News. (H/T ECM)

Excerpt:

The seven experts who advised President Obama on how to deal with offshore drilling safety after the Deepwater Horizon explosion are accusing hisadministration of misrepresenting their views to make it appear that they supported a six-month drilling moratorium — something they actually oppose.

The experts, recommended by the National Academy of Engineering, say Interior Secretary Ken Salazar modified their report last month, after they signed it, to include two paragraphs calling for the moratorium on existing drilling and new permits.

[…]In a letter the experts sent to Salazar, they said his primary recommendation “misrepresents” their position and that halting the drilling is actually a bad idea.

The oil rig explosion occurred while the well was being shut down – a move that is much more dangerous than continuing ongoing drilling, they said.

They also said that because the floating rigs are scarce and in high demand worldwide, they will not simply sit in the Gulf idle for six months. The rigs will go to the North Sea and West Africa, possibly preventing the U.S. from being able to resume drilling for years.

They also said the best and most advanced rigs will be the first to go, leaving the U.S. with the older and potentially less safe rights operating in the nation’s coastal waters.

Unbelievable. The Obama administration consulted with experts and then disregarded their policy recommendations! And the Democrats are actually setting us up for another disaster. Not to mention higher gas prices because of the reduction in supply.

Why are we not drilling in Alaska? That is much safer than offshore drilling anyway. Nuclear power would be safer still.

News

Does the United States have a debt crisis like Greece?

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Story from CNS News featuring lots of quotes from people I like.

Excerpt:

Brian Riedl, lead budget analyst at The Heritage Foundation, agrees that unless the federal government radically curtails spending, a debt crisis as severe as or worse than that now happening in Greece will erupt in the United States in as soon as seven to 10 years.

“We can say that we will be at about the Greek level of debt probably in the next seven to 10 years,” Riedl told CNSNews.com. “There is no reason that with the same economic policies at the same level of debt, that the United States won’t face the same economic and financial crisis as Greece.”

But for Reidl, who recently issued his own report on federal spending, seven to 10 years may be too optimistic.

“It’s very tough to predict when a financial crisis will hit, because much of it depends on bond market psychology,” Reidl said. “As soon as the bond market decides the U.S. may not be able to fully service its debts, they will respond with a flight from our currency. When the bond market makes that decision is really anybody’s guess. It could be two to three years from now, it could be 10 years from now.”

[…]When Greece started to admit its debt problems last November, the government estimated its deficit last year was 12.7 percent of its GDP – a figure that Eurostat, the European Commission’s official statistics agency, said was too low and which it revised to upward 13.6 percent.

Meanwhile, the U.S. deficit is on track to become 10.3 percent of GDP in 2010 under President Obama’s budget.

In his report, “Federal Spending by the Numbers,”  Reidl pointed out that the projected 2010 U.S. deficit would represent the biggest percentage of GDP the United States has seen since World War II.

That same report shows that average deficits over the next 10 years will be almost $1 trillion instead of returning to pre-recession levels of $100 billion to $400 billion. The projected deficits, Riedl pointed out, would double the current national debt.

However, spending — not shrinking revenue — is the principal cause, according to the report, which said “90 percent of the rising long-term budget deficits are driven by rising spending,” and just 10 percent of the rising deficits are caused by falling revenues.

“This is 100 percent a spending problem in the long term,” Reidl said.

The article also cites two budget experts Sen. Judd Gregg and Rep. Paul Ryan, who agree with Reidl that we will be where Greece is now in about 7 years. The IMF was there to bail out Greece with European and American money. But who will bail out the USA?

If you want to know what Obama is doing instead of minding the store, ECM sent me this article. And a few days ago there was this article. He’s having fun with famous people.

News

Obama appoints NHS-loving socialist as Medicare and Medicaid Czar

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Story here from CNS News.

Excerpt:

Dr. Donald Berwick, nominated by President Barack Obama to run Medicare and Medicaid, praised the government-owned British National Health Service (NHS) for not letting their health care system “play out in the darkness of private enterprise.”

[…]Berwick, who said that Britain “chose well” in establishing a health care system completely controlled by the government, contrasted the NHS with the American health care system, which he derided as being dominated by private doctors, hospitals, and insurers instead of the government.

The article is filled with alarming quotes from Berwick making it clear that he is a committed socialist. Just like Obama!

In fact, the American Spectator reports that he LOVES the UK health care system. (H/T Not ECM, because he recommends you not read my blog any more just because I like courting more than video games)

Excerpt:

For example, the BBC — hardly a hive of free-market zealots — has run a series exposing routine neglect of elderly patients in a major NHS hospital.

[….]In addition to sheer neglect, NHS patients are often subjected to incredibly unsanitary conditions.

[…]Many British patients never endure such conditions because treatment is denied outright as too expensive.

[…]The NHS is run by health care bureaucrats who, like Donald Berwick, regard the free market as ethically dubious and economically inequitable. Yet the “morally superior” and “fair” medical system they have created for the U.K. produces results that give new meaning to the epithet, “Perfidious Albion. As David Gratzer recently pointed out, “British cancer outcomes don’t just trail U.S. results; they rival those of Eastern European nations.” This isn’t hyperbole. A 2008 study showed that cancer survival rates in the U.K. don’t come close to those of the United States. American men, for example, have an 80 percent better chance of surviving prostate cancer than do their English counterparts. The study revealed similar disparities in comparative survival rates for victims of breast, colon and rectal cancers.

[…]Heart patients subjected to the tender mercies of the NHS also fare poorly. The Telegraph reports that British heart attack victims are much more likely to die after being admitted to a hospital than similar patients in the United States and other developed nations: “Around 6.3 per cent of patients who have suffered a heart attack have passed away within 30 days of entering a British hospital — significantly higher than the 4.3 per cent average.”

I snipped ALL THE HORROR STORIES out of the excerpt. Yes, even the one with the DECOMPOSING RAT IN THE OPERATING ROOM. You better click through and scare yourself silly from ever voting for the Democrats again. And don’t let your friends vote Democrat, either. Would you like to have health care from the DMV or from Amazon.com? In the UK, you get it from the DMV. And that’s where Obama is taking us.

UPDATE: Here’s another NHS horror story. Maybe it came from ECM and maybe it didn’t. I guess we’ll never know.

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