Steve Forbes: Big tax cut plan will spur an economic boom

Forbes Media Chairman & Editor-In-Chief Steve Forbes on how President-elect Donald Trump can reduce tax rates across the board.

Quote 0f the day 12/03/16

“Without general elections, without unrestrained freedom of press and assembly,
without a free struggle of opinion, life dies out in every public institution…
in which only the bureaucracy remains as the active element.”
Rosa Luxemburg(1880-1919) Source: in The Russian Revolution

Bye-Bye, ObamaCare: Tom Price To Head HHS

ObamaCare: Tom Price, the Republican congressman and former physician from Georgia, has been named by Donald Trump to head the Department of Health and Human Services. For those who harbored any doubts about Trump’s commitment to repealing ObamaCare, you can now rest easy.

Price, a former orthopedic surgeon, is known as Congress’ most astute critic of the Affordable Care Act, having practiced medicine himself and understanding fully its many flaws. He will be ready on Day One to find a way to replace the 2010 health care law, which was passed by Democrats without a single Republican vote.

We’re sure of this because he’s already put forward a workable plan, the Empowering Patients First Act, that would vastly improve our nation’s health care system without nationalizing it — something that ObamaCare was designed to do eventually.

Price’s plan is “a highly detailed legislative proposal that would repeal the Affordable Care Act and replace it with patient-centered provisions that would control costs and expand coverage in the private health insurance markets,” said Robert Moffitt, a senior fellow in The Heritage Foundation’s Center for Health Policy Studies.

And, in fact, major elements of Price’s plan have already been put into House Speaker Paul Ryan’s health care proposal. Look for it to move quickly after Trump takes office.

Among other things, Price proposes giving individuals tax relief for buying health insurance, part of letting them not only own their health insurance but also making it portable from job to job. He also pushes for expanded Health Savings Accounts, which would let savers use pretax dollars for health care costs. He would also let individuals and groups of small businesses buy insurance across state lines, making health insurance a competitive market once again.

And gone would be the needless regulations requiring the insured to buy coverage for things they don’t want or need. Insurance tailored to the individual’s needs, not to a government bureaucracy’s whims.

But for those who remain nervous about changing the ObamaCare status quo, remember: Price is a doctor. He knows how the system works. ObamaCare, as it was designed, is totally dysfunctional and has delivered on none of its major promises made by congressional Democrats and President Obama.

They said ObamaCare would lead to 25 million uninsured getting insurance; the number is a bit over 10 million.

It would “bend the cost curve down,” and cut premiums for the average family by $2,500 a year; premium costs are now rising at double-digit rates.

And patients could keep their doctor and their insurance plan, if they liked; a total lie, as the millions who have lost coverage and been forced to change family doctors can attest.

Of course, we have no way of knowing what will finally be passed. And the 48 Democrats in the Senate are sure to filibuster major changes to ObamaCare. So Congress will likely have to rely on the reconciliation process — a budgeting maneuver that cannot be filibustered — to really change ObamaCare.

It can be done, and Price is the best man to do it. Not only is he a doctor, he’s also the current chairman of the House Budget Committee. He knows where all the levers and buttons are to make the congressional budget machinery work. For those worried about the quality of Trump’s nominees, Price should be very reassuring.

Source: IBD Editorials

Sidebear: All that I can add to this, the government spent a trillion dollars to give us a health care program that no one wanted; but given the way Congress spends our hard earned tax dollars; a trillion dollars here and a trillion dollars there is chump change.

Odds and Ends

Well DUH! by Jerry

When NASA started sending astronauts into space they quickly discovered that ball-point would not work in zero gravity.

To combat this problem, Congress approved a program and NASA scientists spent a decade and over $165 million developing a pen that writes in zero gravity, upside down, on almost any surface and at temperatures ranging from below freezing to over 300 C.

The Russians used a pencil…

Your taxes are due again in April, 2017.

Whose brother-in-law owned that company?

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Subject: Joe Biden’s “humble” life

Costing Taxpayers $1 Million Annually – rated Truth!!!

Vice President Joe Biden’s humble life

Take the time to read this, you will not believe it!

Every Friday the vice president takes a helicopter designated as Marine
Two from the vice president’s residence in northwest Washington to
Joint Base Andrews in Maryland .

He then hops on Air Force Two to fly back to his home in Delaware . At
the end of the weekend, he returns on Air Force Two, usually a Boeing C-32.

On Saturdays in warm weather, Biden regularly returns to Andrews on the
airplane to play golf at the base with President Obama. After the
game, he flies back to Delaware . On Sunday evening, he returns on
the plane to Washington, all at taxpayer expense.

The Boeing C-32 is a specially configured Boeing 757-200 commercial jet.
The cost of flying the plane is $22,000 an hour, so each half-hour
trip to or from Delaware costs about $10,000. Each golf game costs
taxpayers $20,000. At that rate, the annual cost to taxpayers of
Biden’s weekend trips is well over $1 million. That does not include
so-called deadhead flights when the plane often flies back to
Washington empty and then returns empty to pick up Biden.

In addition, the Secret Service rents more than 20 condominiums in the
Wilmington area for agents who must accompany Biden when he returns
to his home state. Rather than try to find hotel space, the Secret Service

decided to rent the condos in part because, even when he
knows his schedule in advance, Biden rarely tells agents until the
last minute when he will be returning to Wilmington beyond his
weekend trips. As a result, agents cannot plan their own lives.

A Secret Service agent says that since Air Force Two parks at Andrews,
Obama is obviously aware that Biden is running up a huge government
tab for each game of golf they play.

Biden’s press office had no comment. Asked if President Obama thinks these
costs are appropriate and why he has not questioned Biden’s flying
to play golf with him at a cost of $20,000 per game, the president’s
press office had no comment.

Biden’s commutes have cost taxpayers at least $4 million so far. After my
story ran on Newsmax, a major media outlet obtained Pentagon records
confirming the trips and costs. But so far, that outlet has not run
the story. The rest of the media have ignored it.

In addition to his salary as vice president of $230,700, Biden has free
use of the vice president’s residence at the Naval Observatory. The
vice president’s residence is a handsome 9,150-square-foot,
three-story mansion overlooking Massachusetts Avenue NW in Washington.
Complete with pool, pool house, and indoor gym, the white brick house was
built in 1893 as the home of the superintendent of the U.S. Naval
Observatory.
Congress turned it into the official residence of the vice president in
1974 and
gave it the address One Observatory Circle.

During the day, at least five Navy stewards attend to every personal need
of the second family, including cleaning, cooking, shopping for
food, and doing the laundry.

Biden has portrayed himself as a regular Joe, a product of a working-class
family who takes on millionaires and Republicans who are said to be
out of touch with middle-class Americans.

Last June, Obama appointed Biden to root out wasteful government
spending……….REALLY ????!!!!!!

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What a couple …

I always felt that Barack Obama was one of the greatest things that could happen to America … We’d finally find out what a liberal of that bent could TRY to do to our country, and then we’d never have to go through it again … It’s almost over guys and gals .. just a few more months. AND, we get the added benefit of seeing Billary go down, hopefully forever!! Just incredible that almost half the country supported a lying, treasonous, crook to be our President … unbelievable … but true. How can they?? That’s an important question that someone above my pay grade needs to answer … quickly, and LOUDLY!!

And, many, many more that will make their legacy unimportant ….

I’m a Democrat. Here’s how Hillary and the recount campaign leaves me feeling By Bryan Dean Wright

Saturday, Hillary Clinton announced that she had joined a recount effort in at least three Midwestern states, questioning whether “an accurate vote” will be reported to the Electoral College. This comes on the heels of a concession speech where she told her supporters that, “We must accept this result… Donald Trump is going to be our president. We owe him an open mind and the chance to lead.”

Hours after Clinton delivered her remarks, President Obama joined his nominee in asking the same of the country – and my Democratic party. It was a moment of pride for many Americans. We could celebrate a peaceful transition of power, even if we didn’t like the result.

It’s now clear that Clinton’s speech wasn’t genuine. According to her campaign, they’ve had lawyers, data scientists and analysts combing over election results starting “the day after the election,” or the day of her otherwise thoughtful concession speech. Their goal: find evidence that would suggest a hacked result, despite the president – and my former colleagues in the intelligence community – stating clearly that there are no signs of foreign tampering at the ballot box.

Why would Clinton do this? Some suggest it’s a vengeful ploy to make Trump look illegitimate in the eyes of the American people. But I suspect that this is the last, embarrassing gasp of a flailing politician, unable to accept defeat with grace.

As a Democrat, I am frustrated and ashamed. Unlike Hillary Clinton, I realize that America’s history was built not just on its gallant winners but also on its noble losers.

As a Democrat, I am frustrated and ashamed. Unlike Clinton, I realize that America’s history was built not just on its gallant winners but also on its noble losers.

Clinton is not the first Democrat from New York to lose the presidency after winning the popular vote. That honor goes to Samuel Tilden during his disputed election of 1876. At the time, Tilden’s supporters were utterly convinced that his opponent – President-elect Rutherford B. Hayes – would bring about the end of the nation. As one voter put it: “Goodbye free government, free elections, free speech, and free press, as well as all civil liberties.”

The media response was no less breathless. Newspaper titan and fellow Democrat Joseph Pulitzer – of Pulitzer Prize fame – called for 100,000 armed Tilden supporters to storm Washington D.C.

Thankfully, cooler heads prevailed; Tilden was not one to foment a revolution. He gave a respectful concession speech and retired to New York.

Perhaps in the back of Tilden’s mind was another great American loser, General Robert E. Lee. Just before his surrender at Appomattox near the end of the Civil War, Lee’s chief of artillery – General Porter Alexander – proposed that the Southern army collapse into bands of guerilla fighters, continuing the war until an exhausted North finally conceded. Lee refused, eloquently summarizing why the South had to accept defeat.

“You and I as Christian men have no right to consider only how this would affect us. We must consider its effect on the country as a whole. Already it is demoralized by the four years of war. If I took your advice, the men…would be compelled to rob and steal in order to live. They would become mere bands of marauders… We would bring on a state of affairs [that] would take the country years to recover from.”

Lee surrendered the next day.

In politics and war, the lesson is clear: American patriots aren’t always the winners. Indeed, how we lose sets the example for what it means to win. Tilden could have led an army to D.C. – he won the popular vote. Lee could have opened the gates of hell and secured a Southern victory. But both men understood something of far greater consequence: the American republic is worth more than ego or ambition.

With Clinton’s embrace of an electoral recount, it is clear that she cannot accept defeat with grace, nor does she hold our nation in the same regard as Tilden or Lee. That means my fellow Americans – and especially my fellow Democrats – must stand up to her hubris. We must make clear that we offer no excuses for our loss. We will not chase the ghosts of foreign hackers. We won’t be fooled by FBI conspiracies, blame bad campaign staff, whine about false Facebook posts, or blame mobs of deplorables.

No, we realize that we lost because the nation wanted change and our candidate was too flawed and untrustworthy to carry that mantle.

And so we will work with President-elect Trump to make America great again. When his solutions make sense, he will have our vote. When he loses his way, we will hold him accountable. In short, we will be a faithful opposition; we will offer better solutions. That is how America works, even if it’s not the America that Hillary Clinton wants us to be.

Bryan Dean Wright is a former CIA ops officer and member of the Democratic Party. He contributes on issues of politics, national security, and the economy. Follow him on Twitter @BryanDeanWright.

Clinton joins recount effort that Trump calls a ‘scam’