What was genuinely terrifying was the rollout, which demonstrated unequivocally that the power elite had become too corrupt to even defend itself properly. The Obamacare exchanges are the single best measure of how competently they are handling foreign policy, national security and economic strategy.
Even though their political fortunes depended on it, the Obama administration was too politicized, inefficient, and compromised to even hire a competent contractor in time to roll it out half-decently. Just think of it. The same administration that brought you this monumental screwup is charge of protecting the world. And before the GOP crows, think this. That bunch of jokers must be more competent then the GOP since they beat them every time.
It was a “the Emperor has no clothes” moment for me. The power elite in Washington is inbred to the point of being genetically retarded. They believe their own propaganda now. They promote their own ridiculous mediocrities. Look at Anthony Weiner! Look at Bill Blasio, or Al Sharpton. Holy Smokes are we in trouble.
The reason its falling apart for them now is because it had to. How were they going to pay for Obamacare assuming they could get anyone to enrol on its ‘Exchanges’? Why are they raising the Debt Limit? To pay for their useless programs? And where are they going to get the money to pay for this debt?
Nobody has any answers. They probably haven’t even thought of the questions.
— Richard Fernandez of the Bellmont Club* via the Chicago Boyz econoblog.
The central planners, of course, have no incentive to admit that their powers to act rationally are limited. When THE PLAN fails—as THE PLAN ultimately must fail, being based on faulty and inadequate information—the planners invariably attempt to force society to conform to their plan, rather than reform their plan to conform to society. In truth, they cannot reform their plans to conform to society’s actual needs, because they do not know what those needs are and have no way of finding out.
— Kevin D. Williamson, from his 2010 book, The Politically Incorrect Guide to Socialism.
Who is “reactionary” and who is “progressive”? Reaction against an unwise policy is not to be condemned. And progress towards chaos is not to be commended. Nothing should find acceptance just because it is new, radical, and fashionable. “Orthodoxy” is not an evil if the doctrine on which the “orthodox” stand is sound. Who is anti-labor, those who want to lower labor to the Russian level, or those who want for labor the capitalistic standard of the United States?
— Austrian economist Ludwig von Mises (1881-1973), as quoted elsewhere in Wiliamson’s book.
* In his comments section astonishingly enough, proving once again that Richard writes better blog comments than many pundits actual articles.
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