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Political News and Commentary from the Right

Bayh’s Good-Bye: Here’s the Real Reason

by Larry Elder at

Sen. Evan Bayh, D-Ind., “shocked” President Barack Obama and his party by announcing his plan to retire from the Senate. Appearing on CBS’ “The Early Show,” Bayh explained: Washington suffers from acute partisanship. Washington doesn’t work. It is broken.

How noble — a principled position against “divisiveness.” Let us honor a good man standing tall against the lack of “bipartisanship.” Pass the barf bag.

When has Washington, D.C., not been “divisive” under a president pushing unpopular ideas — whether the war in Iraq, the Senate “amnesty” bill, partial privatization of Social Security or Bill Clinton’s attempt to allow gays to serve openly in the military?

Could it be that the “fed-up” senator feared losing re-election? Don’t ask. CBS didn’t. The possibility that Bayh faced a tough re-election wasn’t even hinted at. But imagine Bayh, who explored a 2008 presidential bid, running for re-election while justifying to skeptical Hoosiers his votes for “stimulus,” TARP, the auto bailouts and ObamaCare.

Here’s the big underreported story.


February 18, 2010 Posted by | Election 2010 | , , , , , , , , | Leave a comment

Obamanomics Supporters – Cracks in the Dike

by Larry Elder at

While the media stopped to cover Michael Jackson’s death, several tremors rocked the foundation of something that actually affects us all — Obamanomics.

First, former Secretary of State Colin Powell, who supported the President over his Republican rival, criticized Obama’s spending, saying “we can’t pay for it all.” Powell said: “I’m concerned at the number of programs that are being presented, the bills associated with these programs and the additional government that will be needed to execute them. … One of the cautions that has to be given to the President — and I’ve talked to some of his people about this — is that you can’t have so many things on the table that you can’t absorb it all.”

Second, a few days ago, respected British economist Tim Congdon dusted off a 2003 paper — written pre-Obama spending — by the Federal Reserve’s senior economist. It warned of the nation’s growing debt and deficit, calculating their impact on long-term interest rates. The Fed’s conclusion? “A percentage point increase in the projected deficit-to-GDP ratio raises the 10-year bond rate expected to prevail five years into the future by 20 to 40 basis points. … Similarly, a percentage point increase in the projected debt-to-GDP ratio raises future interest rates by about 4 to 5 basis points.” In plain English, this means, as Congdon puts it, a “debt explosion.” Applying the 2003 paper’s calculations and assumptions to our debt and deficit numbers under Obama, Congdon sees the “horrifying” consequences of bank bailouts and increased public spending.

Third, billionaire/Obama supporter Warren Buffett warned of impending inflation caused by increased government spending.


July 9, 2009 Posted by | Economy | , , , , , , | 1 Comment

’45 Million Americans’ – Who Are These Guys? Part 3

by Larry Elder on

“President Barack Obama says that he can pay for his goal to provide health care insurance for every American without it. Why isn’t that good enough for you?”

Elder: Yes, the President says that he can “pay for” his goal of providing health insurance for every American without it. Care to bet on that?

When government proposes a program, the ultimate price tag inevitably exceeds projections. In “Why Government Doesn’t Work,” libertarian Harry Browne wrote: “Most older people now find it harder to get adequate medical service. Naturally, the government points to the higher costs and shortages as proof that the elderly would be lost without Medicare — and that government should be even more deeply involved. When Medicare was set up in 1965, the politicians projected its cost in 1990 to be $3 billion — which is equivalent to $12 billion when adjusted for inflation to 1990 dollars. The actual cost in 1990 was $98 billion — eight times as much.”


July 2, 2009 Posted by | Health Care | , , , , | Leave a comment

’45 Million Americans’ — Who Are Those Guys? Part 2

by Larry Elder on

Last week’s article on why 45 million Americans go without health care insurance touched a nerve and generated many questions and assertions:

“You and your pesky statistics! Forty-five million Americans without health care is huge. And you wrote that 89 percent of the 85 percent of people with health insurance are satisfied. That means 25 percent of all Americans are unsatisfied!”

Elder: Those “pesky” statistics become especially pesky when misstated. I wrote that 45 million Americans have no health insurance, leaving 85 percent with health insurance — but not without health care. ERs must treat the uninsured, including illegal residents. Meanwhile, 89 percent of Americans — with or without insurance — are satisfied with the quality of their own health care.


June 25, 2009 Posted by | Health Care | , , , , | 2 Comments

’45 Million Americans’ — Who Are Those Guys?

by Larry Elder on

About 45 million Americans lack health care insurance. Or do they?

A pro-“universal health care” television host recently cited this widely accepted “fact.” The number is bogus.

Here’s the skinny.

Start with the math. We have 300 million Americans. Subtract the 45 million — 15 percent of us — with no health insurance. That leaves 255 million Americans, or 85 percent, with it.

And the insurance is lousy, right? Not according to a 2006 ABC News/Kaiser Family Foundation/USA Today survey. It found that 89 percent of Americans were satisfied with the quality of their own health care.

Nearly half of the 45 million fall in the category of my 26-year-old nephew. He smokes cigarettes, dates, eats out, goes to movies and, like all young people, lives through his cell phone. With a slight change in priorities, he could afford health insurance, the cost of which at his age and health starts at about $100 a month. Take a look at a Reason Foundation video of interviews with a bunch of non-health-insured 20-somethings.


June 18, 2009 Posted by | Health Care | , , , , | Leave a comment

Missing in Action: American Mainstream Media

by Larry Elder on

Back when our military failed to find stockpiles of weapons of mass destruction in Iraq, The New York Times apologized to its readers.


Before the war, the paper wrote article after article — relying on both government and non-government sources — that assumed the presence of stockpiles. Three of its reporters even wrote a book called “Germs,” in which they discussed Saddam Hussein’s chemical and biological programs.

But when the stockpiles failed to appear, the paper felt used, manipulated by the “devious” Bush administration. It promised its readers greater skepticism, more scrutiny, and no more at-face-value acceptance of assertions by the Bush administration. “The problematic articles varied in authorship and subject matter,” wrote the Times in 2004, “but many shared a common feature. They depended at least in part on information from a circle of Iraqi informants, defectors and exiles bent on ‘regime change’ in Iraq, people whose credibility has come under increasing public debate in recent weeks. … Administration officials now acknowledge that they sometimes fell for misinformation from these exile sources. So did many news organizations — in particular, this one.” Quoth the Times, “Nevermore”!

But with hard-left Democratic President Barack Obama and large Democratic majorities running both the House and the Senate, the mainstream media — the ones that felt used and manipulated by the Bush administration — now purr like a contented kitten after a hearty meal.


June 11, 2009 Posted by | Liberal Media, Obama | , , , , | Leave a comment



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