PoliFiLogic.com

March 28, 2010

It Ain’t Over ‘til the Fat Lady Sings

Filed under: In The Middle — Tom @ 6:27 PM

There are three reasons why the fat lady may never sing…

Thomas Jefferson was an advocate for minimal federal government, and last week the state of his birthplace was the first state to pass a law stating that Virginians can neither be required to have health insurance nor be fined for not having it. Other states are following suit. One is considering an amendment to their constitution. (more…)

March 21, 2010

A Toast To All Of Them

Filed under: In The Middle — Tom @ 6:46 PM

If you believe the Democratic Leadership, today’s the final day. Pelosi claims to have enough votes to pass Healthcare without resorting to the “Slaughter Solution”. This, thanks to Stupak who foolishly fell for one of Obama’s promises. Stupak should know Obama breaks promises more often than I change my sox. I think we should raise a glass, because I have a few toasts to make. (more…)

March 17, 2010

Politics At Its Worst

Filed under: America's Future, In The Middle, Political Parties — Tom @ 7:28 PM

I’ve been baffled as to why Nancy and Harry are so obsessed with giving Barry legislation the public doesn’t want; then it occurred to me – I’ve been saying it all along. It’s all about winning, not about what America needs or wants. This is an example of the left wanting to get even with the right as payback for the years of Republicans rule. As I said before, we sit in the middle paying for the artillery firing over our heads. (more…)

March 11, 2010

Banks – Just One More Time

Filed under: America's Future, The Markets — Tom @ 6:22 AM

In the recent series on banks there were two additional issues I wanted to address, but, in the interest of brevity, did not. In Part Three I mentioned “too big to fail” and I mentioned “proprietary trading” through the example of the rogue trader who broke the American arm of Allied Irish Banks. These deserve further mention.

There’s a law that limits the size of any one bank’s control of customer deposits to ten percent of all deposits in the US. Bank of America has reached that limit, with JP Morgan Chase and Wells Fargo close behind. If any of these banks were to fail, the Federal Deposit Insurance Company (FDIC) would also fail, and taxpayers would, once again, be asked to pony up. (more…)

March 7, 2010

“They’re Not Untouchable”

Filed under: America's Future, National Debt — Tom @ 7:37 AM

My personal view of Social Security and Medicare is simply this: “entitlements” are promises made by the government that should never be broken. People pay taxes all their working lives to pay for them. You can bet your sweet bippy that when my time comes, I’m collecting, and I’ll fight anyone who tries to stop me. I paid plenty, and expect to collect my fair share. (more…)

March 3, 2010

“Donora Death Fog”

Filed under: America's Future, Environment — Tom @ 6:31 AM

Donora, Pennsylvania is located about 25 miles south of Pittsburgh in the Monongahela Valley. It means something to me, because it’s about six miles down river from my home town of Charleroi. Donora might be remembered as the birthplace of Stan Musial, Ken Griffy, Sr. and his son Ken Griffy, Jr., were it not for a few days around Halloween, 1948. That was when a temperature inversion descended on the valley trapping poisonous gasses in its deadly embrace. The resulting yellowish, acrid smog blanketed the valley and crept quietly into homes as people slept. (more…)

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