Tag Archives: Money

Commentary

Are coerced abortions and euthanasia part of Obama’s health care plan?

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The Heritage Foundation writes about it here. (H/T ECM)

Excerpt:

Earlier this year, President Obama moved to overturn the “conscience clause” regulation issued by the Bush Administration. The regulation provides for the enforcement of federal conscience protections, including the Church Amendments, for health care workers.

New concerns also surround the President’s health care reform legislation making its way through Congress, which would allow mandatory taxpayer funding of abortion. During mark-up of the Kennedy-Dodd health care bill, the Senate Health, Education, Labor and Pensions Committee approved provisions to require insurance plans to contract with organizations that perform abortions. In addition, several amendments were rejected that would have preserved states’ laws regulating abortion, prohibited federal funds from being used for abortions, and provided conscience protections for health care providers for not providing abortions.

Click here for a fact sheet assessing President Obama’s administrations’ impact on families.

The Maritime Sentry has the latest Michele Bachmann video on that topic:

That’s coerced abortion, at least in the sense that doctors and nurses would be coerced to perform them against their moral beliefs, as well as in the sense that pro-life taxpayers would be forced to fund what they regard as murder. But what about coerced euthanasia?

Ed Morrissey posted this video at Hot Air.

Consider this American Thinker article about how socialists cut costs by rationing health care to the elderly. (H/T ECM)

Excerpt:

Consider what happens in the Netherlands to elderly people. The Netherlands legalized “assisted suicide” in 2002, no doubt in part for compassionate reasons. But also to save money. There is only one money kitty for medical care in the socialist Netherlands. When you get old, the question is asked, either explicitly or by implication:

Do you deserve to live another year compared to young refugees from Somalia, who can use the same euros to have many years of life?

There’s only so much money available. The Netherlands radio service had a quiz show at one time, designed to “raise public awareness” about precisely that question. Who deserves to live, and who to die?

But nobody debates any more about who has the power to make that decision. In socialist Europe the State does. It’s a done deal.

I think we can expect that this is just the beginning of Obama’s plans to make sure that the elderly don’t use more than their “fair share” of health care services. Remember, Obama recommended that the elderly take painkillers rather than pay for life-saving operations. And if his bill passes, he’ll be running the show – and he’ll have to cut an awful lot in order to pay for the nine trillion dollar cumulative deficit he’s supposed to rack up by 2019.

News

Are teacher unions interested in helping your children to succeed in life?

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This is a great article from the Wall Street Journal. (H/T Club for Growth)

Excerpt:

In her weekly “What Matters Most” newspaper column, Randi Weingarten recently bid the Big Apple farewell. Ms. Weingarten has been elevated to president of the national American Federation of Teachers from head of its New York City affiliate, and she had some notable parting words: “One of the most rewarding (and exhausting) things about working in public education in New York City is that it is the best laboratory in the world for trying new things.”

Well, it could be, if it weren’t for Ms. Weingarten’s union. Since taking over in 1998, she has done everything she could to block significant reforms to New York’s public schools. Take her opposition to charter schools. She resisted raising the state cap on charters from 100 unless the union could organize them. (She lost and the cap now is 200.)

Ms. Weingarten was also against merit pay for individual teachers. She supported a law that bars school districts from linking teacher tenure to student test scores. In return for even the mildest pension reforms, Ms. Weingarten recently won a concession that teachers no longer need to work on the two days before the start of the school year. Meanwhile, she has fought to ensure that the Absent Teacher Reserve Pool keeps allowing teachers whom no principal wants to hire to receive their full salaries. New York spends an estimated $150 million on this and on Teacher Reassignment Centers (for instructors who have been accused of misconduct) alone.

Speaking of money, Ms. Weingarten has long been among the union leaders claiming that more cash will fix public education. Mayor Michael Bloomberg has paid for the modest reforms he’s been able to implement by increasing spending to $22 billion from $13 billion, much of that in teacher salaries. The four-year high school graduation rate in New York City is now 56%. In union politics, results like these are how you win a promotion to national leadership.

I blogged before about the NYC teachers removed from their duties who are still being paid.

But there’s more to it than that. My Christian readers should also be aware that teacher’s unions, like most unions (but not all!), are also very interested in promoting left-wing, anti-family social programs. (Weingarten herself is openly gay)

If you missed my post about Obama’s appointment of a gay activist to be the director of “safe schools”, check it out here.

The take-home lesson for you is not to vote for Democrats just because they say they will spend more money on education. What Democrats really mean is that they will spend more money on teacher’s unions, so that the teachers can turn around and advocate for leftist policies, like abortion and same-sex marriage, using union dues.

Commentary

Keith Hennessey explains the looming crisis of entitlement spending

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This is the best post I have ever seen on the problem of demographics and entitlement spending, which is due to explode in about a few years. I’ll summarize so that you will click through and read this post for yourself. There is almost no text in the post, it is all graphs, and they are self explanatory. It will take your about 5 minutes to scare yourself into a coma.

Summary of the post:

  • There are 3 entitlement programs: social security, medicare and medicaid
  • These programs are funded by taxes on young people who are still working
  • These 3 programs currently cost 9% of GDP.
  • By 2050, the costs will have doubled to 18% GDP.
  • Some of this increase will be due to excess growth in health costs
  • And some of this increase will be due to demographics

Let me talk more about the demographics problem:

  • More people are living longer
  • That means that benefits are being paid out over more years, per person
  • A huge group of babies from the Baby Boom started retiring in 2008
  • But the number of younger workers who pay their benefits is not growing fast enough
  • The number of workers needed to pay each retiree’s benefits is shrinking
  • Taxes will have to increase, or benefits will have to decrease

Please read the article. It will help you to put Obama’s massive spending and tax hikes in perspective. By the way, this is a great post to forward to your friends and neighbor’s who voted for Obama who do not like to read about economics and finance.