"I'm Herb Kay and the most important thing to know about me is that I'm not going to lie to you or pull your chain. Ever. In my S.O.S. Guides, I give you, well, guidance, in a straight-talking and step-by-step way. The website offers the "advice side" of my system. Here, in my blog, I'm going to dig a little deeper and get a little grittier. That's the opinion side of my system. Will I say something that might shock you? Maybe. Will I ruffle some feathers? Perhaps. Will you close the page with some food for thought? Absolutely."
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This is how really stupid things get done in history.You know what I mean, things that when you read about them in history books you wonder how anyone at the time could have been so dense. For example, regardless of their cause, how did the South ever think that they could defeat a Northern Army that outnumbered them 5 to 1 and had virtually all the industrial might on the continent when they were an agrarian society?Didn't anyone read history at that time and understand that, in the end, numbers and factories are all that matter in war and not generals? I guess not, as the Japanese made the same stupid error in attacking Pearl Harbor, less than 100 years later.WWII was over before it ever really began, once America with its population and factories got involved.The rest of the drama was a foregone conclusion.And how did Congress ever pass the Smoot-Hawley Tariff Act, charging huge penalties on imports and thereby touching off a trade war and guaranteeing the Great Depression?Wasn't there plenty of historical and common sense evidence that this was a bad idea?Sure there was, but it was ignored in the politics of the moment.
And now we come to what is going to be the worst mistake that our country has made since the Civil War, Obamacare.No, I am not speaking in hyperbole.It is the worst mistake, economically, and for our entire culture that we have ever made.Ever.It will inevitably lead to higher taxes as government controlled healthcare has in EVERY country that has ever adopted it, fewer choices, and lots of rationing.There are only two ways to control prices after all, consumer choice or rationing.There is no third way.We are about to choose rationing no matter how you dress it up.But that is only part of the error.
By enacting Obamacare we are going ensure the ultimate collapse of our entire economic system and maybe our entire way of life as a result.Government debt is already at a level that is not sustainable.Medicare and Social Security alone have unfunded (meaning we have no idea how to pay for them) existing obligations to recipients of nearly $100 trillion.We cannot tax enough or borrow enough to cover this obligation.There is not that much money in the world, literally, so our only choice is going to be to just print it up.This will destroy the value which rests entirely on perception, as there is nothing else behind it and, here is the important point to remember, money is the glue of society.If the public loses confidence in the currency, then all work and savings are rendered moot and the society comes totally unhinged. That's what happens when things come unglued.People seek a savior and it is not always a Lincoln.History has an intoxicating allure to dictators.
Does this sound hysterical?It's not; it is just taking what we are doing to a logical conclusion as opposed to just saying "We will figure something out".If you can think of a logical alternative to what I am saying, not just hope, send it in and I will post it.I am confident that you won't.