Tag Archives: politics

Obstruction and Understanding

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We’ve seen an example of how the Democrats of the Senate intend to obstruct everything Republican.

Now we get the Democrats’ intension to be knee jerk obstructive in the House.  The New York Times had a piece over the weekend concerning Congressman Keith Ellison’s (D, MN) desire to be both a Congressman and the chairman of the Democratic National Committee.  In making his argument that he could do both together, Ellison said this about the nature of being in the minority party in Congress:

All there is to do is to vote “no.”

There they are, two things in a single nutshell (yes, pun intended).  The Democratic Party has no intension of participating in Congressional deliberations.  All they’re going to do—no Democrat has objected to Ellison’s attitude—is just knee jerk obstruct.

The other thing? The Democratic Party now views representing their constituents as strictly a part time job, unworthy of their full focus.  It seems to me that the minority party would want to work harder, not less, so they could…stop being the minority party.

The men and women of the Democratic Party, with their decision to “misunderstand” their roles and duties in Congress, do their constituents and our nation a grave disservice.  The Democratic Party is unworthy of America.

Veterans Administration Strikes Again

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And once again, its blow contributes to a death. This time, it’s the VA’s Talihina, Oklahoma, facility, and this place allowed maggots to breed in the injury of a veteran.

Executive Director Myles Deering said the maggots were discovered while the patient was alive but were not the cause of his death. He said the man came into the center with an infection.

Deering tried to play down the incident:

He did not succumb as a result of the parasites.  He succumbed as a result of the sepsis.

This is the level of attention, much less actual medical care, our veterans get from the VA.  Never mind that if this facility’s imitation medical personnel had taken the infection seriously, they would have noticed the maggots and maybe done something about them.  And maybe cleaned up the flies and the flies’ eggs whence the maggots came.  And maybe cleaned up the whole facility a little bit.

Four persons, a physician’s assistant and the Talihina facility’s Director of Nursing and two other nurses, have been allowed to resign over the matter.  Never mind any accountability for these.  Never mind the allegedly attending physician responsible for this veteran’s care receiving being held accountable, so far, at least.

It’s long past time to get rid of the VA and to use its budget and what would have been its budgets in succeeding years to provide vouchers for our veterans so they can get the care they need from the doctors and hospitals they choose.

Veteranos Administratio delende est.

Gerrymandering, Politics, and Race

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The (eight Justice) Supreme Court is going to take up the question of gerrymandering and Congressional districts in Virginia and North Carolina.  In fact, the case the Court is hearing is narrower than that:

drawing legislative districts based on race.

Never mind that the Democrats’ Voting Rights Act of 1965 mandates race-based districting: the VRA

generally prohibits reducing minority-voting power through redistricting[]

which, of course, explicitly requires race-based districting in order to “protect” that “power.”

Indeed, the whole divide[] between white and minority voters nonsense with which Jess Bravin opened his piece at the link is just a tacit summary of the Left’s racism.  We’re all Americans.  Full stop.  Any “divide” is nothing but an artificiality, fueled by the Left’s fundamental identity policies that end up masking real abuses.

Were the Left, and now the courts, serious about how bad gerrymandering is, they’d agree to its elimination altogether.  Congressional districts should be squares enclosing substantially equal sized populations, differing from those straight-line boundaries only at the borders between states, and drawn without regard to the Left’s identity politics concerning which special groups of Americans are resident in which districts.

Does Trump Want a War with the Press?

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That’s the thrust of a Howard Kurtz piece on FoxNews Monday morning.  Then he asked

[D]oes Trump want both sides on a permanently hostile footing?

Kurtz needs to come out of his press bubble and poke around in the world some.  The press has been hostile to anything non-Left for years.  The press has been openly hostile and deliberately biased against President-Elect Donald Trump ever since Trump announced his candidacy.

Kurtz has even acknowledged the press’ war against Trump—and this is post-election.

Donald Trump, they say, should not be normalized.

There is, also, this bit of Kurtz’ own disingenuousity:

Trump has shown he has numerous ways to circumvent the media. He hasn’t held a news conference since July (after all those months of castigating Hillary Clinton for avoiding such encounters).

What’s the purpose of a news conference, though?  During all that time since July, Hillary Clinton not only wasn’t talking to the press, she wasn’t talking to the American people, either, except through a very occasional rally or the debates.  Trump, while not talking to the press, held innumerable rallies—with people numbering in the thousands attending—and was very active on social media.  In all of this, Trump was talking directly to the citizens of the United States.  Even in the frequent interviews he had with individual…journalists…he wasn’t so much talking to the interviewer as he was talking to the viewers of and listeners to the interviews; he was talking to us Americans.

Us voters have said in so many ballots that we no longer want, no longer need, no longer are interested in the press filtering (or censoring) our communications with those we’re considering representing us in government, and Trump has demonstrated that he doesn’t need the press to hold up his end of those communications.  Of course Kurtz knows all of this.

Plainly, it’s not that Trump wants a war with the press.  It’s that the press demands war with Trump.

An Impact of Artificially Low Interest Rates?

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Recall that, since shortly before the Panic of 2008, the Fed has been suppressing interest rates to artificial, and very low, rates.  I’ve written about other impacts of these government-manipulated rates.  The table below could well be an illustration of an unrolling of the failure in the insurance industry first mentioned in the linked-to article.

It seems that two of the smaller insurers in the long-term care sector of the health insurance industry are about to be liquidated, proximately because they badly miscalculated the costs involved in paying out on long-term care policies.  Gary Hughes, American Council of Life Insurers General Counsel, had this on the reasons for the failures:

Penn Treaty [owner of the two failing insurers] is the poster child for what happens if everything goes wrong—when key assumptions on…claims, morbidity and interest rates go wrong—and then companies are unable to get justified rate increases[.]

This is true as far as it goes: actuaries need to be accurate in assessing future costs and the drivers of them, and State insurance commissions are reluctant to grant premium increases needed to cover rising costs.

However, premiums are not the only income source for insurers.  Far from it.  A significant income source comes from investments of those premiums, so they’re not just sitting around waiting to be paid out on a claim: they’re earning additional funds for the insurer, and those additional funds are critical bolsterers of the company’s ability to make its payout commitments.

To be safe, though, those premium investment vehicles focus on safety and liquidity.  That drives those investments to favor safe debt instruments: Federal instruments and commercial instruments that are highly rated by Moody’s, Fitch, and/or Standard & Poor’s.  That means that a significant fraction of the insurer’s additional income comes from interest payments on those debt instruments.

And that brings me to the table, with particular attention to its middle row.interestratetable

Hmm….