La Grande Bouche aka The Bloviator [aka Obama] has been in fine form, appearing on many Sunday talk shows and Letterman last night. However, he seems to be borrowing from the propaganda techniques of totalitarian regimes in trying to not call a duck, a duck. I just heard a lecture on that fine book, "1984" by George Orwell, so got a refresher. Whether one calls his spiel - lying, or sophistry, or propaganda - doesn't matter. It's just logically false. Why must we have Presidents who think they must be false to the people ? Here's what prompted my subject today.
***WSJ Quote Follows***
The health bill drafted by Senate Finance Committee Chairman Max Baucus (D., Mont.) would fine families up to $3,800 annually if they don't buy health insurance. In an interview with ABC's "This Week" that aired Sunday, President Barack Obama said he rejected the notion that the fee represents a tax increase. "You can't just make up that language and decide that that's called a tax increase," Mr. Obama told host George Stephanopoulos.
In describing the penalty, Sen. Baucus's proposal says: "The consequence for not maintaining insurance would be an excise tax." ...
Mr. Obama has pledged not to increase taxes on families earning below $250,000 a year.
"If it looks like a tax and is enforced like a tax, it's a tax," said Sen. Orrin Hatch (R., Utah).
The White House on Monday reiterated that it doesn't view the fee as a tax.
***End of Quote***
This Obama plan is becoming worse and worse as the details emerge. How will they collect this "fine" aka "tax" from all those persons working for cash ? Of course, they'll appear as "poor" and get a subsidy, while those working on the books will get a fine - a tax penalty. What utter unfairness !
Scrap it, start over as a simple "Shared Benefit" with the funds raised fairly with a shared burden.
Ms. Market sat down yesterday for a needed rest. This morning I see green in Europe and in US futures. I am doing nothing.
Word of the Day
"Ecceity" - noun [$1000]
Ecceity means the quality of being present. From "ecce" of Latin for "behold". Pontius Pilate said, "Ecce Homo" - "Behold the man" upon seeing Christ. [John xix 5].
Sentence: During the August canoe trip, I experienced great pleasure from my ecceity in pure nature - the wilderness.
"Widzieć" - verb, imperfective, second conjugation
Widzieć means to see.
Zdanie: Widzę zielony dziś rano.
Sentence: I see green this morning.