PolifrogBlog

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Showing posts with label NC-4. Show all posts
Showing posts with label NC-4. Show all posts

Wednesday, November 23, 2011

How Does Rep. Brad Miller (NC-13[now running in NC-4]) Line the Pockets of Warren Buffett?

polifrog




Brad Miller voted for TARP, the US bailout of our nation's financial system and in part Europe's financial system with your money.

Prior to that vote Warren Buffett advised our government on how  best to bailout our financial industry while actively buying into depressed stocks that later benefited from the bailout he was privy to:



NC-4, Brad Miller is not Main Street's friend.





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Tuesday, November 22, 2011

Who Is Rep Brad Miller (NC-13 [running in NC-4])?

polifrog



Let's look at what he said upon the failure of a special bipartisan supercommittee to reach an agreement on cutting at least $1.2 trillion from federal deficits.


Brad Miller via The Charlotte Observer:

"I didn't think they would do anything to put their political careers at risk," Rep. Brad Miller, D-N.C, of Raleigh, said of Republicans. He blamed the GOP for failing to consider increased taxes on wealthy Americans.

Consider his answer as framed within the free fall Europe is now experiencing.  On the one hand there is Estonia, an ECU nation that has found its footing amid member ECU nations in free fall:


In the middle of this year, two rating agencies, Standard & Poor's and Fitch, upgraded Estonia's credit rating. The country had a budget surplus of €115 million in the first two quarters, and it is expected to virtually balance its budget for the entire year. Government debt is about 6.6 percent of the gross domestic product...

On the other there is the rest of Europe (continued from above):


...as compared with 120 percent in Italy, 160 percent in Greece and 80 percent in Germany. In the first two quarters of 2011, the Estonian economy grew at an annualized rate of 8 percent. 

Brad Miller's approach is the same as that adopted by the majority of Europe, increased government spending, increased debt, increased likelihood of sovereign default.   What he rejects is the healthy nation growing (as opposed to government growing) choice of austerity that has returned Estonia to its feet while its member ECU nations continue their free fall toward sovereign default.

One can not escape the conclusion that Brad Miller wants for our nation what the EU has already found.





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Monday, November 1, 2010

Severe Poll Turnout Trouble for Rep. Brad Miller (NC-13), David Price (NC-4), Bob Etheridge (NC-2), GK Butterfield (NC-1)...

polifrog



Bye, Brad Miller
Bye, David Price
Bye, Bob Etheridge


Gallup:

Taking Gallup's final survey's margin of error into account, the historical model predicts that the Republicans could gain anywhere from 60 seats on up, with gains well beyond that possible.

It should be noted, however, that this year's 15-point gap in favor of the Republican candidates among likely voters is unprecedented in Gallup polling and could result in the largest Republican margin in House voting in several generations. This means that seat projections have moved into uncharted territory, in which past relationships between the national two-party vote and the number of seats won may not be maintained.




Week 5 -- Last poll by Gallup before the Nov 2 election found here. Advantage remains Republican with extremely modest slide back in the Republican direction. The weakening seen in week 4 has been stemmed.

Under the high voter turnout:
Week (5): 42 /52
Week (4): 43 /52
Week (3): 42 / 53
Week (2): 41 / 53
Week (1): 40 / 53

Under the low voter turnout:
Week (5): 40 / 55
Week (4): 41 / 55
Week (3): 39 / 56
Week (2): 39 / 56
Week (1): 38 / 56


=================


For reference to Gallup's predictive ability I give this via Morning Jay of weeklystandard.com:



=========

Finally, if you assume Brad Miller, David Price, and Bob Etheridge are in "safe" seats, then think again. RCP puts Ethridge in "Leans Dem." and both Miller and Price in "Likely Dem."




The point is, these guys are weak, none have a "safe" seat, so don't let yourself be convinced otherwise and let inertia get the better of you.
-- GO VOTE!

-- GO VOTE!



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Sunday, October 31, 2010

Rep. David Price (NC-4) Has a Self Serving Vision for Health-Care...

polifrog



It is a vision in which the recipients of health-care become a cost and government becomes the customer, a system in which the health-care industry grovels at the feet of the source of its funding - bureaucrats, while the infirmed wait in line for the chance to beg for the health-care they paid recalcitrant bureaucrats for.

David Price's vision of better health-care inserts himself between my doctor and myself through insurance companies.

Eventually, though, the nation will question the existence of the insurance companies and the end result will be the NHS, England's government health-care. Via dailymail.com:

Earlier this year the Government's rationing body said more cuts in medical treatments are planned to save the NHS at least £600million.

Patients could find it harder to get into hospital under plans from the National Institute for health and Clinical Excellence, which advises on drugs and procedures to be funded.
David Price's vision for Health-Care in the US is to fully break the bond between health-care customer and health-care provider, so that he, governance embodied, will be the one the infirmed come to when in need. He has no medical degree, has taken no Hippocratic oath, yet his governance will be the source of our health-care.

Imagine our need, imagine Brad Miller's influence, imagine our lack of recourse...

Health-care has to be paid for out of our pockets. Either it goes directly from our pockets to the health-care industry, or it goes in to the hands of governance then to the health-care industry. The question is...is it more efficient for us to give our dollars directly to those who wish to provide us with a service and retain the power we have as a customer over a provider, than to give those dollars and influence to David Price, and be left groveling at his feet when we fear services may be cut.

David Price's vision for health-care increases David Price's influence while decreasing ours, it strengthens government while weakening America. Under David Price's vision Europe's socialist failure will be ours.

David Price (NC-4) Diving beyond Debt and Morality

polifrog


It is a no-brainer....free is expensive, while a cost is less so.

This is a result of a duality in human nature, industriousness and laziness. Assuming a basis in law and property rights societies organized such that they harness the industriousness of humanity find wealth, while societies organized such that laziness is coaxed from their citizenry, yield poverty.

Here is why...

---Situation 1
A person spends their own money.
In this case a person sells a piece of their time on earth to earn money. With those dollars that person naturally makes judicious choices in respect to the spending of those dollars. When the whole of society spends judiciously and wisely, the resulting pressure on suppliers forces them to produce what end users want and forces the costs of goods to drop. Thus a cost makes a society efficient, lean, inexpensive, and above all moral.

---Situation 2
A person spends money that person did not earn.
The value of the dollars in such a person's possession are lessened as they are unearned dollars. That person will, by nature, not spend those dollars as judiciously as the individual in situation 1, but they do spend the dollars on those things they need and desire. This lessens the pressure on suppliers to keep costs down and efficiencies high, but, at least, the suppliers cater to the needs of society. We see this in charity. We also see it in the form of welfare.

---Situation 3
A person spends dollars they did not earn and they spend those dollars on others.
This is the worst of the three situations. The value of the dollars to the spender is less than in situation 1, but the impact of these dollars on society are worse than in situation 2. In this case the dollars are not spent by the end user, but rather a middle man whose interests are not interests of the end user, thus the suppliers cater not to the end user, but to the middle man. This skews what is produced by the producers away from the needs of the end user and toward the middleman, but most perniciously, this situation turns the end user into, not just a business cost, but an unproductive business cost to be minimized. Lastly, too much of this situation in combination with situation 2 results is a very inefficient society that leads to impoverishment as the price of goods rise. The citizenry, of course, still pays for the goods through their ever increasing taxes. Breaking the back of capitalism by divorcing the influence of the end user over the producers. In a word...immoral.

Unfortunately, our country is now saddled with a Situation 3 program in ObamaCare. Government will be buying goods for people with other people's money. Somehow Bob Etheridge and Barak Obama believe immorally restructuring our health-care so that the end user becomes an unproductive business cost is the bees knees.

Bob Etheridge does not understand that Situation 1 economics created the wealth we enjoy through its moral application of human industriousness. Bob Etheridge's support for ObamaCare suggests his support for the immorality of Situation 3 economics, increased debt, and national lethargy.

As an immoral situation 3 program, ObamaCare is inherently inefficient and immensely costly to a society, but President Obama had this to say by way of ABC....
President Barack Obama says he did a full court press for a health care system remake because "this country was going to go bankrupt."
How can a president expect anyone to believe such blithering nonsense? He may as well be convincing the citizens of the US that Guam is in danger of capsizing.



Considering that much of Washington's current budget will be funded through debt spending, and the addition of ObamaCare will serve to exacerbate the problem, we should consider a 4th spending situation not mentioned by Milton Friedman. The moral bankruptcy required to lead a nation in this direction is almost beyond comprehension, yet Bob Etheridge finds a way through the use of situation 4.

---Situation 4
A person spends dollars (not yet earned and not yet taxed from the unborn) on the currently living (for votes).
This combines the worst of situations 2 and 3 and then removes a representative's accountability to their voter's wallets. There is no accountability when a representative is picking the wallet of the unborn.

I guess it is a small thing, though, for Bob Etheridge to pick the wallets of the unborn when he supports the picking of their lives by way of abortion.

Bob Etheridge, a grade school economist.



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Saturday, October 30, 2010

Rep. David Price (NC-4) - On Cap and Tax (Trade)

polifrog


David Price supports and has voted in favor of Cap and Tax (Trade).

Aside from decimating American industry in a false effort to avert Global Warming....



Yea, that Global Warming....How does this bill directly effect the individual?

Within the endless pages of legal ease of the bill is a little ditty that has a detrimental effect on home owners. It, of course, would not only impact home owners but everyone who rents as well, as the owners of the units would pass the increased costs on to the renter. Ok, by that reasoning, it effects anyone who chooses to live in a shelter of any kind.

It does this by requiring property owners to upgrade their homes to meet predetermined efficiency standards. Replacing all windows, upgraded insulation, new furnaces , new water heaters, and new appliances would be required before a home owner would be allowed to sell their home. Least you think this would be a one shot upgrade, remember that advances in efficiency would keep the inspectors returning prior to every sale.

Thought experiment...You've lost your job and have been having difficulty with the mortgage. You need to sell your home...fast. The government efficiency inspector, though, reports in their leisurely way that you need $20,000 in upgrades before you can sell your home and get out from under the mortgage. Your already broke and unlikely able to get a loan for $20,000. You default on your loan. Thank David Price.

Thought experiment...You own a rental property you wish to sell and are forced to make one of two decisions. Whether it is a duplex or an apartment complex does not matter. You are considering selling, but selling would mean raising the rents on your tenants to make the expensive David Price mandated upgrades to your rental. Your other option is to sit on the property in which case David Price's efficiency mandates force you to add to the locking up of the real estate market. Bad for renters, bad for owners, bad for real estate, bad for America.

This is just a tiny facet of Cap and Trade and it is what David Price wishes to impose on all Americans.

Politicians like David Price believe that their party having been falsely defined as protectors of the poor will shield them from the wrath of the poor and middle class who will shoulder the burden of Cap and Trade. And remember Cap and Trade it is argued will protect us from the hoax that is global warming. This is government intrusion and nothing more.

David Price a grade school economist who is truly bad for NC and America.





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(NC-4) David Price's ObamaCare Requires the Tracking of Gold Purchcases....

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During the Great Depression our government deemed it illegal to own gold and forced the citizens of the US to sell it to them. Via Wikipidia:

Executive Order 6102 required U.S. citizens to deliver on or before May 1, 1933 all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 per troy ounce. Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of the order was punishable by fine up to $10,000 ($166,640 if adjusted for inflation as of 2008) or up to ten years in prison, or both.

Wouldn't it have been handy for them to have know who owned gold? With the passage of ObamaCare it has become easier for our government to track owners of gold and force them to give it up if so deemed. Via Numismaster:

Passage by Congress of the national health care legislation has had an unintended consequence to the nation’s coin collectors, vest-pocket dealers who buy and sell coins, and larger dealers who are frequent buyers of coins that collectors periodically liquidate as they trade up their collections for better coins, or simply sell to take a small profit or loss.

What has happened is that effective Jan. 1, 2012, the whole system of giving and receiving Internal Revenue Service 1099 forms will be turned on its head and all persons (including corporations) who are in business will now have to give 1099 tax reporting forms for coins and other goods that they sell as well as buy.


Polifrog doubts that David Price knew that ObamaCare would require purchases of gold to be tracked as David Price did not have the fortitude to read the ObamaCare bill prior to signing it. David Price did lend his support to ObamaCare, though, and is rightfully bound to its awfulness.

David Pricer's is a failed representative and should sink with his legislation



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Tuesday, October 26, 2010

David Price (NC-4) Supporting Small Businesses With a Deluge of Paper and Regulation...

polifrog


Remember the ObamaCare tax break on small businesses? It was the sort of tax break David Price could get behind.

Here is that tax break in simplified flowchart form...



David Price's belief that this constitutes support for small business is delusional.

Delusional politicians are Bad for America, Bad for North Carolina, Bad for small business, Bad for jobs, Bad for growth.




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Rep David Price (NC-4) --- Demonstrating a Lack of Mad Econ Skills...

polifrog



Obama and David Price argued that through the miracle of government regulation, taxation, resource allocation and general smartyness of government officials, health-care costs would magically fall, you know, if all those health-care dollars were just passed through the government till.

It would reduce the deficit. It would lessen the costs of heath-care for businesses. It would lessen the burden of health-care costs on all our wallets.



They were wrong.

Edison International said Friday that its first-quarter net income fell as it recorded a charge to reflect the recently enacted federal healthcare overhaul.

Thank you, David Price, may we have another?

In a stunning revelation Wednesday, several top U.S. corporations are seriously considering dropping employee health insurance coverage in light of what they see as the inevitable consequence of ObamaCare--skyrocketing costs.

...the companies maintain that ObamaCare will result in a dramatic increase in expenses for providing employee coverage, with added costs skyrocketing to multi-billions of dollars.

Thank you, David Price, may we have another?

Massachusetts medical-device companies say they’ll cut back on operational costs - and jobs - after a planned 2.3 percent tax on their products is implemented in 2013, according to a new survey.



The tax - imposed to help pay for the massive health-care industry overhaul and expansion - is “of the greatest concern” to a majority of its members, the survey found.


About 70 percent of the survey respondents said future innovation will be hurt by a new federal “physician sunshine bill.” The bill will require medical-device firms to report their marketing expenditures on physicians, and a recently passed gift-ban law in Massachusetts.

Thank you David Price, may we have another?


Internal documents recently reviewed by Fortune, originally requested by Congress, show what the bill's critics predicted, and what its champions dreaded: many large companies are examining a course that was heretofore unthinkable, dumping the health care coverage they provide to their workers in exchange for paying penalty fees to the government.



That would dismantle the employer-based system that has reigned since World War II. It would also seem to contradict President Obama's statements that Americans who like their current plans could keep them. And as we'll see, it would hugely magnify the projected costs for the bill, which controls deficits only by assuming that America's employers would remain the backbone of the nation's health care system.

David Price is a grade school economist who does not base his support for a bill on the rational, but rather on what feels right at the time. No reading, no understanding. It just, you know, FEELS RIGHT.

LetDavid Price know that hurting America and NC-4 hurts individuals, the same individuals he professes to help and send him back to school to learn some basic ECON.




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David Price (NC-4) -- Wrong on Prosperity -- Wrong on the Economy...

polifrog


David Price and Obama are wrong on prosperity. Both are dragging the nation toward the failing model of a socialist state... Greece.

Currently Greece is on the receiving end of demands in exchange for a bailout.

The IMF is only one part of the bailout, but through just the IMF American tax payers are possibly on the hook for up to 50 Billion dollars in loans to bail out Greece for running their country in just the way David Price and Obama wish to run America. Not only does the American tax payer have to pay for the increasing costs of health-care due to ObamaCare, but potentially the health-care of Greece as well. Of course, this 50 Billion seems paltry compared to the 115 Billion more than 'advertised' ObamaCare will cost the tax payer.

But what demands are being foisted on Greece?

Among the most significant features of the plan, a Greek government official said, would be a measure making it easier for the government to lay off some of the many thousands of public sector workers, whose low levels of productivity and high wages are a big contributor to Greece’s debt problem. Until now, the government has not been able to lay off civil servants, whose employment rights are in effect constitutionally guaranteed.

Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.

Yea, privatize health-care.

The above corrective measures expected of Greece is nothing less than a laundry list of David Price's liberal policies of which the end result is Greek failure.

Clearly David Price embodies the relentless pursuit of debt and Greek styled misery in America.




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Sunday, October 24, 2010

Rep. Bob Etheridge (NC-2) -- Is a Burden to NC's Small Business...

polifrog


Those legislators who voted in support of ObamaCare don't often wish for to look beyond the surface of the bill. If one does one finds it is littered with small grenades by the bill's standards, but for small business, they are anything but...


From now on, people engaged in business will have to fill out 1099 forms for any expenditure over $600. Buy a pickup truck for your landscaping business? Now you have to send a 1099 to the car dealer. Buy more than $600 in office supplies from Office Depot? Now you have to send a 1099 to Office Depot. Buy a computer for your office? 1099. Pay more than $600 a year to FedEx? 1099.

also...
tucked into the health-care law is a provision that imposes a 3.8 percent federal tax on the proceeds from the sale of your home.
and,

Sallie Mae, the company that processes student loan applications, just announced 2,500 layoffs because of a little-known provision in the health-care reform law that implements a government takeover of the student loan program..


Bob Etheridge, needlessly killing NC business through his support for ObamaCare, a bill filled with non health-care related law that crushes growth through needles burdens and intrusion into our daily lives...




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Rep David Price (NC4) -- Passing Law Before it is Defined...

polifrog


One would think a representative would sign off on law that was not only understood but fully defined. That is not the case for David Price. Understanding what a law is and what it may become does not seem to matter to David Price, but then he did not read it.

ObamaCare supporters touted a new requirement of within ObamaCare for insurers to carry adults of up 26 years old on their parents policy. As awful as the infantilization of adults is, the requirement seemed simple enough.

Now enter policy:

"The new policy applies only to health insurance plans that offer dependent coverage in the first place: while most insurers and employer-sponsored plans offer dependent coverage, there is no requirement to do so," the Department of Health and Human Services said in a statement Monday.
This is an example of law being defined after its passage and is an excellent example of the way David Price and his friends Reid, Pelosi and Obama impart the change they desire on our country.

The announcement is part of the administration's effort to translate the new health-care law into more specific regulations. The full meaning of the sweeping legislation will not be known until the regulations are issued.

It is increasingly clear David Price voted for ObamaCare without caring how it effected the people of NC. What is not clear is what David Price has foisted upon this nation, as ObamaCare has not fully metastasized.

I suspect this is simply another form of governance through Broken Consent, an example of passing a law in the guise of something that is more palatable to the people than the reality that would not be accepted.

Unacceptable governance by David Price.




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