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Joe Nocera of the New York Times Writes A Column About A REAL Banker….Robert T. Wilmers, CEO of M&T Bank That Actually Does REAL Banking Instead of Running A Casino Operation Like the Biggest Banks In America Having Going Right Now – Yes, the Biggest Banks Are Desperate To Keep the BIG Casino Going Because They Couldn’t Turn Dollar One If They Had To Do REAL Banking and the Sad and Very Pitiful Thing Is That the Federal Reserve Is the Enabler and Even Champion of These Wall Street Bastards…The Same Bastards That Almost Took Down the Entire Country In 2008 – When Will Any Of These People Learn….Never…And If They Have To Take Down the American Republic To Put A Few More Dollars In Their Pockets They Will Do It and Not Lose Any Sleep Over It and the Fed and OUR “Elected Leaders” Will Be Asleep at the Switch….AGAIN!

New York Times columnist Joe Nocera profiles in his latest a man that we have long admired here at Mad As Hell And….

Robert G. Wilmers, CEO of M&T Bank

The Good Banker

“Not long ago, as I was leaving a business lunch, my luncheon companion handed me a thin manila envelope. He didn’t tell me what was in it or why he had given it to me, but as soon as I opened it up, I immediately understood.

It contained a copy of the 2010 annual report to shareholders by a bank executive I’d never met: Robert G. Wilmers. For nearly 30 years, Wilmers has run the M&T Bank, based in Buffalo. When he took it over, M&T had $2 billion in assets; today, its assets exceed $68 billion, and it’s one of the most highly regarded regional bank holding companies. It has also been one of the best performing stocks in the Standard & Poor’s 500-stock index; indeed, M&T was one of only two banks in the S.& P. 500 that didn’t cut its dividend during the financial crisis.

Wilmers’s report, however, was less about the company’s numbers than about the dismal state of his beloved profession. Wilmers, it turns out, is that rarest of birds: a banker willing to tell harsh truths about banking. That, for instance, much of the money the big banks earn comes from trading profits “rather than the prudent extension of credit that furthers commerce.” That derivatives had helped bring about the crisis and needed to be regulated. That bank executives were wildly overpaid. That the biggest banks — the Too Big to Fail Banks — were operating, as he put it, an “unsafe business model.””

How quaint of Robert G. Wilmers to think that bankers in American should actually be doing REAL banking as opposed to the…

Casino operations that the Federal Reserve has encouraged, enabled and even championed for the biggest banks in America that make a fortune trading derivatives and hiring Ivy League flunkies to sit in front of computers all day trying to get on over or rip off their fellow “bankers” by doing what most Americans would rightly identify as gambling.

Please, if you are someone that believes the largest banks in America are actually “banks” then we invite you to join us in the Real World where anyone with an IQ over room temperature understands completely that the cabal of the Federal Reserve and the largest banks in America are actually working together to keep the Big Casino that all of this “trading” (with “trading” really just gambling) of the “banks” (with “banks” really just meaning Casinos without any regulation like the casinos have in Vegas) going with the ultimate joke being played on the American People.

Here is Robert T. Wilmers, who we consider to be a REAL BANKER and not a casino operator on the above reality from Joe Nocera’s column:

“Such as? “It has become a virtual casino,” he replied. “To me, banks exist for people to keep their liquid income, and also to finance trade and commerce.” Yet the six largest holding companies, which made a combined $75 billion last year, had $56 billion in trading revenues. “If you assume, as I do, that trading revenues go straight to the bottom line, that means that trading, not lending, is how they make most of their money,” he said.”

Oh, how so true Mr. Wilmers, but then if the Federal Reserve and other Federal regulatory agencies, including the US Congress, actually regulated the Wall Street Casinos most of these Sorry SOBs wouldn’t be able to turn Dollar One doing honest work so of course they are all desperate to keep alive the Big Casino even if it was the Big Casino that almost brought down the world’s financial system and American Republic in 2008.

The real joke when it comes to the Wall Street Casinos though is the Federal Reserve and Uncle Ben Bernanke who is seen by the Wall Street Bastards as an “easy mark” that can be played like a .50 cent violin and convinced to do anything as long as someone in a $2,000 suit from New York City whispers in Uncle Ben’s ear….

“Too Big To Fail….We are Too Big To Fail….We need another bailout….Because We are Too Big To Fail”

…which causes Uncle Ben and the academic Candy Asses at the Federal Reserve to pee in their pants and then start printing up lots of money because printing up lots of money is the ONLY THING Uncle Ben and the Fed know how to do.

Joe Nocera ends his NY Times column by quoting what Robert T. Wilmers said at M&T’s annual meeting earlier this year:

“Wilmers told the company’s shareholders that the bank’s mission was to “find ways to continue to attract deposits, make sound loans and grow in accordance with our historic credit quality standards.””

Wow!  A Banker doing Real Banking.  Now that is something to be applauded and that is the reason we here at Mad As Hell And… have trusted our hard-earned money to Robert T. Wilmers and his good folks there at M&T Bank (thanks to Finviz.com – MTB Stock Quote)….

…and why we would not trust the Wall Street Casinos to watch our dogs and why we believe only Very Stupid People would trust any CEO of the large major banks in America to manage a Dime of their own or their company’s money.

The Bottom-Line is that either the American People start electing people to public office that will hold the Wall Street Bastards and Federal Reserve accountable or they together will take down the American Republic and destroy the lives of Millions of Americans because as the legendary international investor Mark Mobius points out…

Mark Mobius Echoes Carl Icahn:  “There Is Definitely Going To Be Another Financial Crisis” – ZeroHedge.com

“There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.”

How true Mark Mobius and that means the American People better prepare themselves for tough times ahead because it is our opinion that if it comes down to the American People or the Wall Street Casinos the Federal Reserve and OUR “Elected Leaders” the American People will be sold out and Millions of Americans will be tossed out of their jobs and their hard-earned savings will be decimated yet again.

When are the “Elected Leaders” in Washington DC that are supposed to be working for and serving the American People going to start putting the American People interests’ ahead of a few Sorry Excuses for Human Beings in southern Manhattan?

Maybe when those Sorry Excuses for Human Beings on Wall Street take down the entire country and the American People with their insatiable greed and the Sorry Excuses for Regulators in Washington DC that are laughed at and are considered complete jokes by the people they are supposed to be regulating take the nation over another cliff again…..

No, that probably wouldn’t even do it because Wall Street has spent a lot of money buying off OUR “Elected Leaders” and they have total and complete control of the Candy Ass academics at the Federal Reserve so what is a few more million Americans losing their jobs and having their lives and the lives of their families destroyed?

In Washington DC that would just be another day at the office.

Thank you Robert T. Wilmers for your life’s work and for the proud institution that you have built at M&T Bank and thanks to Joe Nocera for writing this column on Mr. Wilmers.

U.S. Defense Secretary Bob Gates Is About To Retire (And A Well-Earned Retirement It Is…..A Job Well Done and A Hearty Thank You Robert Gates) and He Is Warning About Deep Defense Cuts – We Agree That A Strong National Defense That Can Project Power Around the World Is Vital For the American Republic….But the Defense Department Wastes Tens of Billions of Dollars Each and Every Year and That Waste Must Be Brought To An End – Over the Last 16 Years the U.S. Army Has Spent $32 Billion Dollars On Weapons Programs….That Were Never Built! – OUTRAGEOUS! – Stop the Madness!

U.S. Defense Secretary Bob Gates has been out making farewell speeches around the country talking about the danger of making deep defense spending cuts…

(We would like to thank Bob Gates for his long career in service to the American Republic and Bob Gates can confidently go into retirement knowing that he has been exemplary public servant and a credit to his country.  Thank You Bob Gates for doing something that is very rare in America today:  You served your country honorably and more importantly without the selfishness that has come dominate American political life in OUR nation.)

….and the Wall Street Journal editorial page weighed in last week about Bob Gates concerns on cutting America defense spending too much.

The Gates Farewell Warning

“Robert Gates, who steps down next month after four-plus years at the Pentagon, is making his retirement lap a tutorial on America’s defense spending and security needs. His message is welcome, especially on Memorial Day, and even if he couldn’t always heed it in his time as Secretary of Defense.

In a series of farewell speeches, Mr. Gates has warned against cuts to weapon programs and troop levels that would make America vulnerable in “a complex and unpredictable security environment,” as he said Sunday at Notre Dame. On Tuesday at the American Enterprise Institute, Mr. Gates noted that the U.S. went on “a procurement holiday” in the 1990s, when the Clinton Administration decided to cash in the Cold War peace dividend. The past decade showed that history (and war) didn’t end in 1989.

“It is vitally important to protect the military modernization accounts,” he said, and push ahead with new capabilities, from an air refueling tanker fleet to ballistic missile submarines.

America’s role as a global leader depends on its ability to project power. In historical terms, the U.S. spends relatively little on defense today, even after the post-9/11 buildup. This year’s $530 billion budget accounts for 3.5% of GDP, 4.5% when the costs of the Afghan and Iraq wars are included. The U.S. spent, on average, 7.5% of GDP on defense throughout the Cold War, and 6.2% at the height of the Reagan buildup in 1986.”

While we don’t really disagree with Bob Gates and the Wall Street Journal on the importance of a strong national defense that can project power around the world….

(And we here at Mad As Hell And… can actually talk about the importance of a strong national defense with the first-hand experience of serving in the US military and during combat in Desert Storm in 1991 which distinguishes from about 99 percent of the people in the media that are so certain of what they speak including the vast majority of the folks that work at the Wall Street Journal.  Yes, a few years in the military would have done a lot of good for members of the news media because most don’t have a clue to the sacrifices that have been made and continue to be made to this day so they can sit on their comfortable butts in the United States of America and report the news)

….our problem with the growth of defense spending over the last couple of decades is that the US Defense Department wastes Billions of Dollars of the American People’s hard-earned money each and every year and it is way past time to end the waste, fraud, abuse and downright stupidity at the Pentagon.

Here is one example of the Downright Stupidity at the Pentagon from the Washington Post last week:

Army report:  Military has spent $32 billion since 1995 on abandoned weapons programs

“The Army’s Comanche helicopter was envisioned as “the quarterback of the digital battlefield,” a technologically superior aircraft that could hide from enemies, operate at night and in bad weather, and travel farther than any other helicopter.

Gen. Richard Cody, a former vice chief of staff of the Army, called it the “most flexible, most agile” aircraft the country had ever produced.

In 2000, it ranked as the most important planned buy for the Army. Four years later, the program — which had consumed close to 20 years of work and nearly $6 billion — was abruptly shuttered.

It is one of 22 major Army weapons programs canceled since 1995, ringing up a price tag of more than $32 billion for equipment that was never built. A new study, commissioned by the Army and obtained by The Washington Post, condemns the service’s efforts as “unacceptable.”

The study is the latest indication that the Pentagon — and the defense industry, in turn — is undergoing a seismic shift in its approach to new programs. As pressures mounted in Iraq and Afghanistan, the military retreated from its ambitions for multibillion-dollar, technologically superior systems. Instead, it was forced to make better use of tried-and-true equipment.

For almost a decade, the Defense Department saw its budgets boom but didn’t make the kind of technological strides that seemed possible.

“Since 9/11, a near doubling of the Pentagon’s modernization accounts — more than $700 billion over 10 years in new spending on procurement, research and development — has resulted in relatively modest gains in actual military capability,” Defense Secretary Robert M. Gates said in an address last week.”

What the Hell?

The US Army has spent $32 Billion Dollars on weapons programs over the past 16 years for weapons that were never built?

What the Hell do you Stupid SOBs think we send all of that hard-earned money to you for….to waste and just toss into the Damn ocean?

OUTRAGEOUS is the word for this story and this is only in weapons programs for the US Army and no doubt across the Pentagon and across the US Government there are Hundreds of Billions of Dollars that are wasted of OUR money each and every year and there is a very easy reason to understand why people that work for the government could care less:

“It isn’t “their” money!”

Well, technically “It is “their money” because they contribute a tiny fraction of every Dollar wasted by the US Government, but most people that work in government on all levels in America today could care less they are wasting money and that Incredible Stupidity is a disaster for a country that is now running Massive Annual Deficits and needs every single Dime to be spent in a prudent and intelligent way.

Consider again that over the past 16 years the US Army has wasted $32 Billion Dollars on weapons programs that were never built.

If one realizes that the average American makes about $40,000 per year and pays about $15,000 in taxes to the US Government….

(including income and payroll taxes which are all in the same pot now since there is no money in the Social Security or Medicare Trust Funds and every Dime the US Government receives plus another $1 Trillion Dollars a year is going right out the door as fast as it comes in)

…then when the US Governments wastes $1 Billion Dollars they are wasting the tax revenues from the hard-work of 6,667 Americans per year.

With $32 Billion Dollars wasted over the past 16 years by the US Army on weapons programs that were never built, that means that just the US Army wasted the tax revenues from the hard-work of…

13,334 Americans each and every year for the last 16 years!

That is OUTRAGEOUS!

Does anyone in the US Army, among the defense contractors or in the Pentagon give two rips about wasting the tax revenues from the hard-work of 13,334 Americans each and every year over the past 16 years?

Please, these folks in the Pentagon just like most people working for the US Government could care less they are wasting the hard-work of the American People and they could care less because these Idiots really do believe…

“It’s not “my” money…..It’s the money all those “fools” are sending in to us and if we waste a few Dollars, Millions of Dollars or even Billions of Dollars it won’t affect me or my friends in the government at all.”

There you  have one of the main reasons that the US Government wastes so Damn much of OUR money which we would conservatively estimate that upwards of 20 percent of U.S. Budget each year is just flushed down the toilet and no one in government says a word or lifts a finger to do anything to stop it.

Yes, we want a strong national defense for the United States of America, but please don’t lecture us about cutting defense spending will “hollow” out the U.S. military.  We actually SERVED in the U.S. military and we saw first-hand how the U.S. military wastes money and the Idiocy of departments within the U.S. Government making Damn sure they spend every Dime that was allocated to them each year because when you don’t spend all the money….then your superiors and the Congress will just assume you didn’t need the money in the first place…or in the next fiscal year!

After all…

“It’s not “my” money!”

Stop the Madness or you Morons are going to take down the American Republic and all of our families and children which also means….

All of your families will be in trouble as well!

If that reality doesn’t wake-up those Idiots then nothing will…but several of us here at Mad As Hell And… saw ourselves many times “Elected Leaders” that put their own selfishness ahead of the country and even their own families and children so these Morons may just drive the country off the cliff….

Because they can and they frankly could care less about anything beyond getting their precious asses elected to office again.

Stop the Madness!

Yes, Historians Will One Day in the Future Shake Their Heads at All the Deficits and Debt OUR “Elected Leaders” Ran-Up….But They Will Also Wonder About the Absolute Nonsense Drummed Up By the “Global Warming – Climate Change” Nuts As Well – The Claim Only A Few Years Ago: Global Warming Is Causing A Reduction In The Snowpacks In the Western U.S. Mountains – What the Hell? – Anyone Checked the Snowpacks in the Rockies, Cascades and Sierra-Nevada Mountain Ranges Lately? – HUGE! – A Conversation With A “Climate Scientist” In 2005 About Global Warming….Yes, His Ideas Were As Bogus Today As They Were Then! – How About Some Real Science and Real Facts Instead of the Absolute Nonsense Spewed by Al Gore and the Climate Change Gang? – Great…Now Challenge These Bastards Yourself!

Besides the out-of-control deficit spending and massive debt that America’s “Elected Leaders” have run-up in the past two decades the other big issue that historians will look back on one day and wonder how so many people could have lost their minds and wasted so many precious resources will be the…

Global Warming, Climate Change Absolute Nonsense…or what will be the next term the Wacko Nuts will come up with to justify all their BS?

Who the Hell knows, but when there are Billions of Dollars in “US Government money” (US Government money = the American People’s hard-earned tax money) be assured that the Al Gore Global Warming – Climate Change Gang will think of something!

Look no further than the Absolute Nonsense that has been spewing out of people that should no better than some of the stuff that politicians and mainstream news has said over the past decade in order to gin up support for Global Warming and/or Climate Change among the American People so that of course Billions of Dollars of OUR money will be spent on utter nonsense that they say will save us all from ruin! (From C3headlines.com):

Washington State – Cascade Snowpack

“Democratic Party politicians and media alarmists often claim that the Cascade Mountain snowpack has been disappearing due to man-made global warming.

“The effects of climate change are already being felt in the state of Washington in the form of … snow pack in the Cascades declining by 35%.”   – Washington Governor Gregoire’s Executive Order, Feb 2007

“Snowpack levels in Washington, Oregon and California … are a fraction of what they were in the 1940s, and some snowpacks have vanished entirely.”- Time Magazine, March 2006

Oh, so Global Warming and Climate Change are causing the snowpacks in the Cascade Mountains in the Western United States to disappear?

NOT!

From C3headlines.com

Consensus of Idiots: “Global Warming Will Cause Cascade Mtns. Snowpack To Decline” – Wrong, Twice

“Anti-science leftists/liberals/Democrats are particularly prone to making claims and predictions about global warming and climate change that are, in reality, unsubstantiated by empirical evidence.

Washington state Democrats have provided a classic example of this style of politics by constantly and hysterically predicting that snow will soon disappear in the Cascade Mountains due to global warming. Of course, as it always turns out, the climate did exactly the opposite of what politicians predicted and dumped gigantic, record snowfalls on this mountain region.

continuing huge problem for Democrats is their non-belief in empirical science, and the embracement of speculative, fantasy science. Indeed, they end up constantly making fools of themselves by consistently going hysterical about natural events with the end result being they always blame humans and society for incidents that occur naturally. Once they assign the blame to humans, they then immediately start proposing new regulations, laws, fees and taxes in the belief they can fix a non-fixable problem that is literally controlled by nature, not by humans nor bureaucrats.

If they would actually take the time to examine the climate/weather science, they would soon discover that changing snowfall and snowpacks are a function of natural climatic oscillations, not of civilization.

As this chart reveals, snowfall in the Cascades is strongly associated with the prevailing ENSO (El Niño and La Niña) phase. Human CO2 is a non-issue having zero correlation with the amount of snowfall in any region, including the Cascade Mountains.”

Did everyone catch what was just revealed in the above paragraphs and chart about snowpacks in the Cascade Mountains?

It’s not Global Warming or Climate Change or even increasing CO2 levels in the atmosphere that controls the amount of snow that the Cascade Mountains and other Western U.S. mountain ranges get each year, but rather it is the Two Things that have controlled the weather in the Pacific Ocean and in a big part of North American for centuries now and long before the Industrial Revolution came along….

El Nino and La Nina

Of course, it would take someone that actually believes in and studies REAL SCIENCE to understand the above FACTS and people that believe in religions and false Gods like “Global Warming and Climate Change” are no better than the crowd that thought the world was going to end on May 21, 2010!

The above reality points out that it is not the amount of a trace greenhouse gas like CO2 that is in the atmosphere that controls the weather or the climate of the Earth, but forces that are far beyond the control of human beings and things that have been going for Hundreds of Thousands if not Millions of Years on OUR planet and that reminds a couple of us here Mad As Hell And… of a conversation we had from the summer of 2005 with a few Global Warming – Climate Change Nuts.

We were in Aspen, Colorado in July 2005 with our families enjoying the Rocky Mountains and attending some events around the annual Aspen Ideas Festival and at lunch one day we found that we were sitting next to some very serious “climate scientists” that were talking about a family that had brought the Crested Butte Ski Resort and were making some multi-million dollar investments to upgrade the resort and the “climate scientists” were making fun of the family because they were saying the light snow winters that Colorado had experienced in the early 2000s were only going to get worse in the coming years because “CO2 was continuing to go up and thus causing the greenhouse effect which would mean less snow for Colorado.”

That comment about the snow in the Colorado Rocky Mountains becoming lighter every year into the future caught our attention since we completely understood from the REAL SCIENCE courses we took in high school and college that the Rocky Mountains were between 65 Million and 2 Billion Years old and that snow has been falling in the Rocky Mountains for Tens of Millions of years at least in varying depths and that someone claiming that because a trace greenhouse gas like CO2 was going to increase from…

3.40 of all Greenhouses Gases in 2000

To

3.90 of all Greenhouse Gases in 2010

….that winters and snowfall in Colorado would be much lighter was pretty stupid on its face and required us to ask for a clarification.

Mad As Hell And… – Excuse me, we couldn’t help but overhear you talking about snow in the Rocky Mountains getting lighter and even disappearing in the coming years.

Climate Scientist – Yes, that is right.  As CO2 in the atmosphere increases it causes the greenhouse effect and the Earth gets warmer and thus there will be less snow in the Rocky Mountains and other North American mountain ranges.

Mad As Hell And… – CO2 levels in the atmosphere have been going straight up now as a percentage of greenhouse gases since the 1930s…(see below CO2 chart from the 1960s onward when CO2 was first measured)

….so what you are saying is that as CO2 increases then snowfall will decrease and there is nothing that can change that?

Climate Scientist – Yes, that is right.  Oh, there may be a fluke snowstorm from time to time, but if we don’t put a big tax on carbon and start decreasing the amount of CO2 that is being put into the atmosphere the snowfall in the Rockies will continue to decrease and disappear eventually.

Mad As Hell And… – You seem very confident about that, so let’s say 5  years from now and there has been nothing done to reduce the amount of CO2 being put into the atmosphere by America and other industrialized countries, if there was record amounts of snowfall in the Rockies and other American mountain ranges would you be surprised?

Climate Scientists – Yes, very surprised.  Science is science and the facts are incontrovertible on the fact that Global Warming is happening and that unless we put a big tax on carbon and quit driving so much as Americans that the Rocky Mountains will be snowless in the very immediate future.

Mad As Hell And… – Care to make a bet on that prediction?

Climate Scientist – I don’t gamble, but believe me on this one….the snow in the Rocky Mountains will continue to decline as more CO2 is put into the atmosphere and that is a fact.

Mad As Hell And… – I tell you what.  I will bet you $1 dollar to $100 dollars that there will be record snowfalls in the Rocky Mountains in the next 10 years.

Climate Scientist – I told you I don’t gamble, but the Rocky Mountains has seen its last record snowfall because even if we stopped putting CO2 into the atmosphere right now the Earth would continue to warm because of all the CO2 that is up there (motions towards the sky).

Mad As Hell And… – That is a Helluva prediction, but I have a funny feeling that 5 years from now, 10 years from now, 100 years from now and 1 million years from now there will be snow falling in the Rocky Mountains just like there has been snow falling at this very spot we are sitting at for tens of millions of years now.

Climate Scientist – (Laughs slightly and he and his “Climate Change – Global Warming Nuts Friends” get up and leave the lunch area)

Mad As Hell And… (to friend) – One day someone is going to tell these Idiots that the world has been here several Billion years and will be here several billion years more and Mother Nature and the Universe could care less about human beings or if the amount of CO2 in the atmosphere is 3.4, 3.9 or any other number they come up with and one day such nonsense is going to look very stupid indeed.

2 nd Mad As Hell And… – Now, you are assuming any of these folks would listen to reason and science and both of those things left the building long ago!

To our Climate Scientist friend at lunch that day in July 2005 all we can say now is…

REALLY?

Here are few news stories that have caught our attention in recent days:

Heavy snows spoil weekend plans in West, AP

Memorial Day weekend brings heavy snow to Sierras, Yosemite

“May snow depths are deeper than anything we have seen in the last 45 years”, Watts Up With That?

and now our favorite news story in recent days from the Aspen Times:

Lots of snow for Aspen Mountain re-opening

Oh, that last story about plenty of snow in Aspen for Memorial Day is RICH…and just think the Aspen Ideas Festival is less than a month away from its opening!

One can only wonder what that “Climate Scientist” at the Aspen Ideas Festival in 2005 must think now that we have had TWO straight record years of snowfall in the Rockies and western U.S. mountain ranges, but then our experience with most of these purported “Climate Scientists” is that they care a Whole Damn Lot about figuring out a way to get their next BIG US Government grant (meaning hard-earned US Taxpayer money) than caring about doing REAL SCIENCE that can actually help mankind.

Now, how about some REAL SCIENCE instead of the Absolute Nonsense that has been coming out of the Al Gore Global Warming – Climate Change Fruitcake Gang for the past two decades?

Yes, CO2 levels in the Earth atmosphere are going up as shown in the chart below:

But at their current levels CO2 makes up about 3.62 percent of all greenhouse gases and of that 3.62 percent of CO2 only 3.40 percent of it is caused by human activity or 0.000033% is human caused CO2 in the atmosphere right now as depicted accurately in the below heritage.org chart:

Now, the above is REAL SCIENCE and not fantasies dreamed up by “Climate Scientists” to scare people about Global Warming and/or Climate Change so they can get Millions more Dollars of the American People’s hard-earned money.

Would you like to read some REAL FACTS about CO2 and the role it plays in the atmosphere from a REAL SCIENTIST that teaches Physics at Princeton University?

Good.

Below is a recent column by William Happer, the Cyrus Fogg Brackett Professor of Physics at Princeton University in First Things:

The Truth About Greenhouse Gases

The dubious science of the climate crusaders.

William Happer, the Cyrus Fogg Brackett Professor of Physics at Princeton University

“The object of the Author in the following pages has been to collect the most remarkable instances of those moral epidemics which have been excited, sometimes by one cause and sometimes by another, and to show how easily the masses have been led astray, and how imitative and gregarious men are, even in their infatuations and crimes,” wrote Charles Mackay in the preface to the first edition of his Extraordinary Popular Delusions and the Madness of Crowds. I want to discuss a contemporary moral epidemic: the notion that increasing atmospheric concentrations of greenhouse gases, notably carbon dioxide, will have disastrous consequences for mankind and for the planet. The “climate crusade” is one characterized by true believers, opportunists, cynics, money-hungry governments, manipulators of various types—even children’s crusades—all based on contested science and dubious claims.

I am a strong supporter of a clean environment. We need to be vigilant to keep our land, air, and waters free of real pollution, particulates, heavy metals, and pathogens, but carbon dioxide (CO2 ) is not one of these pollutants. Carbon is the stuff of life. Our bodies are made of carbon. A normal human exhales around 1 kg of CO2 (the simplest chemically stable molecule of carbon in the earth’s atmosphere) per day. Before the industrial period, the concentration of CO2 in the atmosphere was 270 ppm. At the present time, the concentration is about 390 ppm, 0.039 percent of all atmospheric molecules and less than 1 percent of that in our breath. About fifty million years ago, a brief moment in the long history of life on earth, geological evidence indicates, CO2 levels were several thousand ppm, much higher than now. And life flourished abundantly.

Now the Environmental Protection Agency wants to regulate atmospheric CO2 as a “pollutant.” According to my Webster’s New Collegiate Dictionary, to pollute is “to make or render unclean, to defile, to desecrate, to profane.” By breathing are we rendering the air unclean, defiling or desecrating it? Efforts are underway to remedy the old-fashioned, restrictive definition of pollution. The current Wikipedia entry on air pollution, for example, now asserts that pollution includes: “carbon dioxide (CO2)—a colorless, odorless, non-toxic greenhouse gas associated with ocean acidification, emitted from sources such as combustion, cement production, and respiration.”

As far as green plants are concerned, CO2 is not a pollutant, but part of their daily bread—like water, sunlight, nitrogen, and other essential elements. Most green plants evolved at CO2 levels of several thousand ppm, many times higher than now. Plants grow better and have better flowers and fruit at higher levels. Commercial greenhouse operators recognize this when they artificially increase the concentrations inside their greenhouses to over 1000 ppm.

Wallis Simpson, the woman for whom King Edward VIII renounced the British throne, supposedly said, “A woman can’t be too rich or too thin.” But in reality, you can get too much or too little of a good thing. Whether we should be glad or worried about increasing levels of CO2 depends on quantitative numbers, not just qualitative considerations.

How close is the current atmosphere to the upper or lower limit for CO2? Did we have just the right concentration at the preindustrial level of 270 ppm? Reading breathless media reports about CO2 “pollution” and about minimizing our carbon footprints, one might think that the earth cannot have too little CO2, as Simpson thought one couldn’t be too thin—a view which was also overstated, as we have seen from the sad effects of anorexia in so many young women. Various geo-engineering schemes are being discussed for scrubbing CO2 from the air and cleansing the atmosphere of the “pollutant.” There is no lower limit for human beings, but there is for human life. We would be perfectly healthy in a world with little or no atmospheric CO2—except that we would have nothing to eat and a few other minor inconveniences, because most plants stop growing if the levels drop much below 150 ppm. If we want to continue to be fed and clothed by the products of green plants, we can have too little CO2.

The minimum acceptable value for plants is not that much below the 270 ppm preindustrial value. It is possible that this is not enough, that we are better off with our current level, and would be better off with more still. There is evidence that California orange groves are about 30 percent more productive today than they were 150 years ago because of the increase of atmospheric CO2.

Although human beings and many other animals would do well with no CO2 at all in the air, there is an upper limit that we can tolerate. Inhaling air with a concentration of a few percent, similar to the concentration of the air we exhale, hinders the diffusional exchange of CO2 between the blood and gas in the lung. Both the United States Navy (for submariners) and nasa (for astronauts) have performed extensive studies of human tolerance to CO2. As a result of these studies, the Navy recommends an upper limit of about 8000 ppm for cruises of ninety days, and nasa recommends an upper limit of 5000 ppm for missions of one thousand days, both assuming a total pressure of one atmosphere. Higher levels are acceptable for missions of only a few days.

We conclude that atmospheric CO2 levels should be above 150 ppm to avoid harming green plants and below about 5000 ppm to avoid harming people. That is a very wide range, and our atmosphere is much closer to the lower end than to the upper end. The current rate of burning fossil fuels adds about 2 ppm per year to the atmosphere, so that getting from the current level to 1000 ppm would take about 300 years—and 1000 ppm is still less than what most plants would prefer, and much less than either the nasa or the Navy limit for human beings.

Yet there are strident calls for immediately stopping further increases in CO2 levels and reducing the current level. As we have discussed, animals would not even notice a doubling of CO2 and plants would love it. The supposed reason for limiting it is to stop global warming—or, since the predicted warming has failed to be nearly as large as computer models forecast, to stop climate change. Climate change itself has been embarrassingly uneventful, so another rationale for reducing CO2 is now promoted: to stop the hypothetical increase of extreme climate events like hurricanes or tornados. But this does not necessarily follow. The frequency of extreme events has either not changed or has decreased in the 150 years that CO2 levels have increased from 270 to 390 ppm.

Let me turn to some of the problems the non-pollutant CO2 is supposed to cause. More CO2 is supposed to cause flooded cities, parched agriculture, tropical diseases in Alaska, etc., and even an epidemic of kidney stones. It does indeed cause some warming of our planet, and we should thank Providence for that, because without the greenhouse warming of CO2 and its more potent partners, water vapor and clouds, the earth would be too cold to sustain its current abundance of life.

Other things being equal, more CO2 will cause more warming. The question is how much warming, and whether the increased CO2 and the warming it causes will be good or bad for the planet.

The argument starts something like this. CO2 levels have increased from about 280 ppm to 390 ppm over the past 150 years or so, and the earth has warmed by about 0.8 degree Celsius during that time. Therefore the warming is due to CO2. But correlation is not causation. Roosters crow every morning at sunrise, but that does not mean the rooster caused the sun to rise. The sun will still rise on Monday if you decide to have the rooster for Sunday dinner.

There have been many warmings and coolings in the past when the CO2 levels did not change. A well-known example is the medieval warming, about the year 1000, when the Vikings settled Greenland (when it was green) and wine was exported from England. This warm period was followed by the “little ice age” when the Thames would frequently freeze over during the winter. There is no evidence for significant increase of CO2 in the medieval warm period, nor for a significant decrease at the time of the subsequent little ice age. Documented famines with millions of deaths occurred during the little ice age because the cold weather killed the crops. Since the end of the little ice age, the earth has been warming in fits and starts, and humanity’s quality of life has improved accordingly.

A rare case of good correlation between CO2 levels and temperature is provided by ice-core records of the cycles of glacial and interglacial periods of the last million years of so. But these records show that changes in temperature preceded changes in CO2 levels, so that the levels were an effect of temperature changes. This was probably due to outgassing of CO2 from the warming oceans and the reverse effect when they cooled.

The most recent continental ice sheets began to melt some twenty thousand years ago. During the “Younger Dryas” some 12,000 years ago, the earth very dramatically cooled and warmed by as much as 10 degrees Celsius in fifty years.

The earth’s climate has always been changing. Our present global warming is not at all unusual by the standards of geological history, and it is probably benefiting the biosphere. Indeed, there is very little correlation between the estimates of CO2 and of the earth’s temperature over the past 550 million years (the “Phanerozoic” period). The message is clear that several factors must influence the earth’s temperature, and that while CO2 is one of these factors, it is seldom the dominant one. The other factors are not well understood. Plausible candidates are spontaneous variations of the complicated fluid flow patterns in the oceans and atmosphere of the earth—perhaps influenced by continental drift, volcanoes, variations of the earth’s orbital parameters (ellipticity, spin-axis orientation, etc.), asteroid and comet impacts, variations in the sun’s output (not only the visible radiation but the amount of ultraviolet light, and the solar wind with its magnetic field), variations in cosmic rays leading to variations in cloud cover, and other causes.

The existence of the little ice age and the medieval warm period were an embarrassment to the global-warming establishment, because they showed that the current warming is almost indistinguishable from previous warmings and coolings that had nothing to do with burning fossil fuel. The organization charged with producing scientific support for the climate change crusade, the Intergovernmental Panel on Climate Change (IPCC), finally found a solution. They rewrote the climate history of the past 1000 years with the celebrated “hockey stick” temperature record.

The first IPCC report, issued in 1990, showed both the medieval warm period and the little ice age very clearly. In the IPCC’s 2001 report was a graph that purported to show the earth’s mean temperature since the year 1000. A yet more extreme version of the hockey stick graph made the cover of the Fiftieth Anniversary Report of the United Nation’s World Meteorological Organization. To the surprise of everyone who knew about the strong evidence for the little ice age and the medieval climate optimum, the graph showed a nearly constant temperature from the year 1000 until about 150 years ago, when the temperature began to rise abruptly like the blade of a hockey stick. The inference was that this was due to the anthropogenic “pollutant” CO2.

This damnatia memoriae of inconvenient facts was simply expunged from the 2001 IPCC report, much as Trotsky and Yezhov were removed from Stalin’s photographs by dark-room specialists in the later years of the dictator’s reign. There was no explanation of why both the medieval warm period and the little ice age, very clearly shown in the 1990 report, had simply disappeared eleven years later.”

Read the rest of the column here.

Now do you think you have finally gotten some TRUTH about the role that CO2 plays in the atmosphere and were told a funny story about yet another “Climate Scientist” making Bogus Claims that anyone that has taken Geology 101 and Physics 101 courses in college could debunk with little effort?

Great!

Now go out and debunk some more of these Bogus Climate Change – Global Warming myths yourself which are everywhere in the mainstream media and are put forward the vast majority of time because there are people hiding in the shadows that want more of YOUR hard-earned money….

…and unfortunately we have lots of Very Stupid People in Washington DC and across the country in state capitals that will fork over OUR hard-earned money to any Moron that shows up and claims the world is coming to and end….but that if you give him Millions of Dollars of OUR hard-earned money he might….just might…be able to save us all from Armageddon!

Oh, STOP THE MADNESS!

Mad As Hell And… Quote of the Day – Monday, May 30, 2011 – Memorial Day – President Ronald Reagan, Address Commemorating the 40 th Anniversary of the Normandy Invasion, June 6, 1984

Mad As Hell And… Quote of the Day – Monday, May 30, 2011 – Memorial Day – President Ronald Reagan, Address Commemorating the 40 th Anniversary of the Normandy Invasion, June 6, 1984

“We’re here to mark that day in history when the Allied armies joined in battle to reclaim this continent to liberty. For four long years, much of Europe had been under a terrible shadow. Free nations had fallen, Jews cried out in the camps, millions cried out for liberation. Europe was enslaved and the world prayed for its rescue. Here, in Normandy, the rescue began. Here, the Allies stood and fought against tyranny, in a giant undertaking unparalleled in human history.

We stand on a lonely, windswept point on the northern shore of France. The air is soft, but forty years ago at this moment, the air was dense with smoke and the cries of men, and the air was filled with the crack of rifle fire and the roar of cannon. At dawn, on the morning of the 6th of June, 1944, two hundred and twenty-five Rangers jumped off the British landing craft and ran to the bottom of these cliffs.

Their mission was one of the most difficult and daring of the invasion: to climb these sheer and desolate cliffs and take out the enemy guns. The Allies had been told that some of the mightiest of these guns were here, and they would be trained on the beaches to stop the Allied advance.

The Rangers looked up and saw the enemy soldiers at the edge of the cliffs, shooting down at them with machine guns and throwing grenades. And the American Rangers began to climb. They shot rope ladders over the face of these cliffs and began to pull themselves up. When one Ranger fell, another would take his place. When one rope was cut, a Ranger would grab another and begin his climb again. They climbed, shot back, and held their footing. Soon, one by one, the Rangers pulled themselves over the top, and in seizing the firm land at the top of these cliffs, they began to seize back the continent of Europe. Two hundred and twenty-five came here. After two days of fighting, only ninety could still bear arms.

And behind me is a memorial that symbolizes the Ranger daggers that were thrust into the top of these cliffs. And before me are the men who put them there. These are the boys of Pointe du Hoc. These are the men who took the cliffs. These are the champions who helped free a continent. And these are the heroes who helped end a war. Gentlemen, I look at you and I think of the words of Stephen Spender’s poem. You are men who in your “lives fought for life and left the vivid air signed with your honor.”

I think I know what you may be thinking right now — thinking “we were just part of a bigger effort; everyone was brave that day.” Well everyone was. Do you remember the story of Bill Millin of the 51st Highlanders? Forty years ago today, British troops were pinned down near a bridge, waiting desperately for help. Suddenly, they heard the sound of bagpipes, and some thought they were dreaming. Well, they weren’t. They looked up and saw Bill Millin with his bagpipes, leading the reinforcements and ignoring the smack of the bullets into the ground around him.

Lord Lovat was with him — Lord Lovat of Scotland, who calmly announced when he got to the bridge, “Sorry, I’m a few minutes late,” as if he’d been delayed by a traffic jam, when in truth he’d just come from the bloody fighting on Sword Beach, which he and his men had just taken.

There was the impossible valor of the Poles, who threw themselves between the enemy and the rest of Europe as the invasion took hold; and the unsurpassed courage of the Canadians who had already seen the horrors of war on this coast. They knew what awaited them there, but they would not be deterred. And once they hit Juno Beach, they never looked back.

All of these men were part of a roll call of honor with names that spoke of a pride as bright as the colors they bore; The Royal Winnipeg Rifles, Poland’s 24th Lancers, the Royal Scots’ Fusiliers, the Screaming Eagles, the Yeomen of England’s armored divisions, the forces of Free France, the Coast Guard’s “Matchbox Fleet,” and you, the American Rangers.

Forty summers have passed since the battle that you fought here. You were young the day you took these cliffs; some of you were hardly more than boys, with the deepest joys of life before you. Yet you risked everything here. Why? Why did you do it? What impelled you to put aside the instinct for self-preservation and risk your lives to take these cliffs? What inspired all the men of the armies that met here? We look at you, and somehow we know the answer. It was faith and belief. It was loyalty and love.

The men of Normandy had faith that what they were doing was right, faith that they fought for all humanity, faith that a just God would grant them mercy on this beachhead, or on the next. It was the deep knowledge — and pray God we have not lost it — that there is a profound moral difference between the use of force for liberation and the use of force for conquest. You were here to liberate, not to conquer, and so you and those others did not doubt your cause. And you were right not to doubt.

You all knew that some things are worth dying for. One’s country is worth dying for, and democracy is worth dying for, because it’s the most deeply honorable form of government ever devised by man. All of you loved liberty. All of you were willing to fight tyranny, and you knew the people of your countries were behind you.

The Americans who fought here that morning knew word of the invasion was spreading through the darkness back home. They fought — or felt in their hearts, though they couldn’t know in fact, that in Georgia they were filling the churches at 4:00 am. In Kansas they were kneeling on their porches and praying. And in Philadelphia they were ringing the Liberty Bell.

Something else helped the men of D-day; their rock-hard belief that Providence would have a great hand in the events that would unfold here; that God was an ally in this great cause. And so, the night before the invasion, when Colonel Wolverton asked his parachute troops to kneel with him in prayer, he told them: “Do not bow your heads, but look up so you can see God and ask His blessing in what we’re about to do.” Also, that night, General Matthew Ridgway on his cot, listening in the darkness for the promise God made to Joshua: “I will not fail thee nor forsake thee.”

These are the things that impelled them; these are the things that shaped the unity of the Allies.

When the war was over, there were lives to be rebuilt and governments to be returned to the people. There were nations to be reborn. Above all, there was a new peace to be assured. These were huge and daunting tasks. But the Allies summoned strength from the faith, belief, loyalty, and love of those who fell here. They rebuilt a new Europe together. There was first a great reconciliation among those who had been enemies, all of whom had suffered so greatly. The United States did its part, creating the Marshall Plan to help rebuild our allies and our former enemies. The Marshall Plan led to the Atlantic alliance — a great alliance that serves to this day as our shield for freedom, for prosperity, and for peace.

In spite of our great efforts and successes, not all that followed the end of the war was happy or planned. Some liberated countries were lost. The great sadness of this loss echoes down to our own time in the streets of Warsaw, Prague, and East Berlin. The Soviet troops that came to the center of this continent did not leave when peace came. They’re still there, uninvited, unwanted, unyielding, almost forty years after the war. Because of this, allied forces still stand on this continent. Today, as forty years ago, our armies are here for only one purpose: to protect and defend democracy. The only territories we hold are memorials like this one and graveyards where our heroes rest.

We in America have learned bitter lessons from two world wars. It is better to be here ready to protect the peace, than to take blind shelter across the sea, rushing to respond only after freedom is lost. We’ve learned that isolationism never was and never will be an acceptable response to tyrannical governments with an expansionist intent. But we try always to be prepared for peace, prepared to deter aggression, prepared to negotiate the reduction of arms, and yes, prepared to reach out again in the spirit of reconciliation. In truth, there is no reconciliation we would welcome more than a reconciliation with the Soviet Union, so, together, we can lessen the risks of war, now and forever.

It’s fitting to remember here the great losses also suffered by the Russian people during World War II. Twenty million perished, a terrible price that testifies to all the world the necessity of ending war. I tell you from my heart that we in the United States do not want war. We want to wipe from the face of the earth the terrible weapons that man now has in his hands. And I tell you, we are ready to seize that beachhead. We look for some sign from the Soviet Union that they are willing to move forward, that they share our desire and love for peace, and that they will give up the ways of conquest. There must be a changing there that will allow us to turn our hope into action.

We will pray forever that someday that changing will come. But for now, particularly today, it is good and fitting to renew our commitment to each other, to our freedom, and to the alliance that protects it.

We’re bound today by what bound us 40 years ago, the same loyalties, traditions, and beliefs. We’re bound by reality. The strength of America’s allies is vital to the United States, and the American security guarantee is essential to the continued freedom of Europe’s democracies. We were with you then; we’re with you now. Your hopes are our hopes, and your destiny is our destiny.

Here, in this place where the West held together, let us make a vow to our dead. Let us show them by our actions that we understand what they died for. Let our actions say to them the words for which Matthew Ridgway listened: “I will not fail thee nor forsake thee.”

Strengthened by their courage and heartened by their value [valor] and borne by their memory, let us continue to stand for the ideals for which they lived and died.

Thank you very much, and God bless you all.”

President Ronald Reagan, Address Commemorating the 40 th Anniversary of the Normandy Invasion, June 6, 1984

Wikipedia Page:  Ronald Reagan

The LA Times Points Out A Very Important FACT About ObamaCare’s Requirement That All Americans Buy Healthcare Insurance: Most Republicans Were “For It” Before They Were “Against It!” – Is Personal Responsibility Still Part of the Principles of the Republican Party and Conservatism? – It Seems Not…But Then There Are Elections To Be Won So Personally Responsibility Can Be Tossed To the Curb…For Now It Seems! – “What If” the Obama Administration Had Done “X” With Health Care Reform Instead of Letting the Wacko Liberal Nuts Pass All Their Crazy Ideas and Then Stuff ObamaCare Down the Throats of the American People With Two Pompous Arrogant Asses Leading the Charge? – Yes, the Democrats Must Ask Themselves That Question All the Time

The Los Angeles Times on Sunday brings up a very important health insurance issue that has roiled the Republican Party and “conservatives” since the passing of ObamaCare in the winter of 2010 which is an issue that should be honesty discussed instead of the knee-jerk reactions that we have seen over the past 15 plus months:

The issue:  Mandated health insurance coverage requirement for all Americans that is in ObamaCare

The Los Angeles Times story:

Many in GOP who oppose health insurance requirement used to favor it

“Former Massachusetts Gov. Mitt Romney has renounced it. Former House Speaker Newt Gingrich says he doesn’t believe in it anymore. Former Utah Gov. Jon Huntsman has brushed off suggestions he even considered it.

As the three have discovered, there is hardly a bigger black mark against a Republican presidential candidate today than the hint of past support for requiring Americans to get health insurance — as President Obama’s new healthcare law mandates.

But Republicans were not always so hostile. Until the healthcare law passed last year, requiring medical insurance had a long history as a mainstream GOP idea.

It was promoted by conservative policy experts at places like the Heritage Foundation more than 20 years ago. In the 1990s, the concept was championed by Republicans on Capitol Hill.

And it was ultimately implemented by Romney in Massachusetts; in 2006 he became the first elected official from either party to sign a mandate into law.

“I still don’t see what the objection is to the idea that people should not be allowed to run around without at least some basic health insurance,” said Mark Pauly, a conservative health economist at the University of Pennsylvania’s Wharton School.

Emphasizing personal responsibility, Pauly and other conservatives have argued that the uninsured incur medical bills as other Americans do; the tab is just picked up by someone else.”

Yes, that is the crux of the issue around mandating health insurance coverage if someone has to access health care in America and doesn’t have health insurance….

“the tab is just picked up by someone else.”

It was our opinion here at Mad As Hell And… that the health care system in America needed major reform long before Barack Obama was elected President and not just because there are millions of Americans that do not have access to health care or the ability/money to buy healthcare insurance.

Check out this McKinsey & Company report on the cost of Health Care Expenditures in America:

The United States spends $480 Billion Dollars more on Health Care in America than other Western nations and has lower life expectancy and higher infant mortality!

That is NUTS!

Spent on Health Care:

The United States – $5,635

Major Western Countries – $2,572

That is CRAZY!

Clearly, the main problem with the Health Care System in America is that as magnificent at it is it just costs way too Damn much and the high cost of health care in America naturally falls down to the price of healthcare insurance and at our companies over the past decade we have seen the cost of healthcare insurance increase between 6 and 15 percent per year with an average of 10 percent each year or doubling in cost over the past 10 years.

Think about that reality for a second.  Ten years ago the healthcare insurance policy for a family with two kids cost around $700 Dollars per month and now at most of our companies a health insurance policy in 2011 that has higher co-pays and higher deductibles costs for most of us over $1500 per month.  If the employer pays 75 percent of that insurance policy and the employee 25 percent that means in the last decade that…

The employee’s healthcare insurance cost has gone up from $175 per month to $375.

The employers’ healthcare insurance for his employee has gone up from $525 per month to $1125

And the above price increases do not take into account the higher co-pays on prescription drugs and doctor visits that the employee must now pay out of their own pockets.

Now imagine a company that has 1,000 employees that the employer buys healthcare insurance for with the average healthcare insurance premium for all employees (singles and families) averaging out to $1000 per month and that same healthcare insurance was $500 per month in 2001.

Company’s healthcare insurance cost today:  $1,000,000 per month or $12,000,000 per year

Company’s healthcare insurance in 2001:  $500,000 per month or $6,000,000 per year

If you are running the above company then there is one Damn thing for sure:

You are in favor of major reform of the American healthcare system because healthcare insurance cannot keep going up at an average of 10 percent per year and doubling every decade because that will mean that either the above company and many others will go out of business or dramatically scale-back its healthcare insurance offerings to its employees.

Besides the very expensive Health Care system in America another huge problem is that we have so many Americans that do not have private health insurance and when they get sick they fall into government programs like Medicaid or the costs are picked up by private industry and the overall health care system and thus again those costs fall down to the cost of healthcare insurance for the rest of us.

Doesn’t it make sense that ALL Americans should at least carry some kind of healthcare insurance like hospitalization insurance in case some kind of emergency situation comes up and they must get care?

We think so, but then don’t say that too loudly if you are running for elective office in the Republican Party because evidently it will now doom your chances of ever getting elected!

That is beyond pitiful and beyond stupid because encouraging Americans to purchase healthcare insurance with the use of the tax code or requiring Americans to purchase private health insurance so they have some kind of coverage if something goes wrong strikes us as a very Republican and “conservative” thing….but then we are Real Conservatives here at Mad As Hell And… and we do not want to be confused with the conservatives that think passing the cost of healthcare treatment onto someone else is just a great thing and something that should be encouraged for all Americans.

We here at Mad As Hell And… and our accountants have taken a good look at Obamacare and overall it looks like most companies will benefit from it because from our reading it looks like the US Government is going to pick-up a portion of the cost of most healthcare insurance premiums in America for those companies that decide to send their employees to the state-run healthcare insurance exchanges.  Of course, the above analysis does not factor in any increases that might come about because of the implementation of ObamaCare, but since right now our companies’ health care insurance is going up 10 percent a year if ObamaCare makes it go up even more than the entire Health Care system in America will break down.

Is it a good thing for companies to quit handling their employees’ health care insurance and let every American pick and choose from several different healthcare insurance options that fit them and/or their family from the state-run healthcare insurance exchanges?

It’s hard for us to say since we don’t know how well the state-run healthcare insurance exchanges in ObamaCare will operate and how many choices people will have to choose from, but believe us if companies can shed both the management and costs associated with providing health care insurance for their employees and save money doing it that is exactly what most small to medium-sized companies will do in America.

Getting back to the point of this blog post of the Requirement by Obamacare for Individual Americans to purchase Healthcare Insurance we have come to the conclusion after looking over the costs associated with millions of Americans not having healthcare insurance and thus able to transfer the costs of any care they get to the private sector and to everyone that does have insurance to be of a substantial enough amount that a requirement by the US Government for all Americans to at least carry a hospitalization type healthcare insurance plan is smart and will be a big money saver to the American People.

Unfortunately from our reading of Obamacare it seems that the requirement to purchase healthcare insurance for all Americans is a requirement to buy a rather expensive insurance plan and clearly there are Americans that for many reasons, age, income, etc., that don’t want or need a full healthcare insurance plan and will not have the opportunity to buy a hospitalization-type policy if ObamaCare is implemented as passed.

Since the cost of healthcare insurance has skyrocketed in the last decade we here at Mad As Hell And… have often talked amongst ourselves on what could possibly be done to bring down the cost of Health Care in our country and one idea that we have always believed made a lot of sense was to offer the same type of Healthcare Insurance options that Federal Employees have access to, to every American that is or is not covered by his/her employer.

Many years ago in our younger days several of us here worked on Capitol Hill and were very easily enrolled in the Federal Employees Health Benefits Program where we chose ourselves from a menu of several different healthcare insurance options and like most young people we chose inexpensive options because we didn’t want our “beer and dating” money going to buy healthcare insurance we were not going to use.

Here is the Federal Employees Health Benefits webpage

As anyone can see by looking through the above webpage on Health Benefits for Federal Employees that the US Government offers to its employees many different healthcare insurance options like, Fee-for-Service, HMO, Consumer-Driven Health Plans, HRA, Health Savings Accounts and High Deductible Plans.

If the US Government can offer a wide array of Healthcare Insurance options to its employees then why the Hell can’t the US Government and states just come up with a way to offer the same healthcare insurance options to all Americans whether they currently have insurance or not?

In one word:  Politics

When the Obama Administration decided to move forward with Health Care reform in 2009 some of the Wacko Liberals in the US Congress saw this as their chance to toss into a Health Care reform bill all of their grandest dreams of how “Mother Government” was going to save all of us from the Boogie Man and even tuck us into bed at night and what emerged with ObamaCare was a bill that had all kinds of crapola that should have never seen the light of day and to make matters worse the Democrats rammed through “their” Health Care reform bill in a very arrogant and heavy-handed way and they got their asses whipped in the 2010 election because of their behavior when they stuffed ObamaCare down the throats of the American People.

What if something like this happened?

What if the Obama Administration announced in the spring of 2009 that the US Government was going to allow ANY American to go to a newly set-up website that offered the same Healthcare Insurance options that are available to Federal Employees and purchase that insurance right over the Internet through deductions of their bank accounts and that the American People themselves that need healthcare insurance were going to be put into the same risk pool as Federal Employees?  Add to that “What If,” “What If” the Obama Administration had worked with the US Congress to apply the same tax benefits that employers now enjoy for the cost of healthcare for they employees and thus would put all Americans on a level playing field when it came to buying and deducting the cost of health insurance?

The next “What If” may be more controversial than the above two, but What If the US Congress had passed a bill that required all Americans to carry at least a hospitalization or High Deductible health insurance plan in case they had a situation that required a hospital or health care visit?

Would that last “What If” requirement to carry a minimum-type of healthcare insurance and the other two “What Ifs” have created the backlash against Obamacare and now the almost litmus test in the Republican Party around the “Requirement” of ObamaCare to carry health insurance when ObamaCare is fully implement?

Not likely, but then the Democrats could have also saved themselves a lot of heartache if they had not acted like Pompous Arrogant Asses when they passed ObamaCare in 2010, but when the Democrats in the Congress are led by two of the Biggest Pompous Arrogant Asses that have ever served in public life in America, Harry Reid and Nancy Pelosi, then was anyone really surprised what happened when the Democrats held the Presidency, the Senate and the House and almost took joy in sticking it to the American People and stuffing ObamaCare down their throats?

No, no one with an IQ over room temperature was surprised and instead of working on getting more Americans covered with healthcare insurance and trying to get all Americans covered with at least some kind of hospitalization or High Deductible insurance plan the Democrats as they always do screwed the pooch and then screwed themselves and now America has a massive Health Care Reform plan (ObamaCare) barreling down on the country that already has the US Government giving waivers to over 1,000 companies and counting and people like us adding up how much we can pocket by shifting the cost of healthcare insurance for our employees over to the US Government (Yes, a second vacation house for all of us is easily doable if ObamaCare is implemented as it is written, but then why is the US Government in the business of subsidizing already rich people that didn’t ask for the subsidy in the first place?  Oh, Wall Street has been begging for and getting subsidies for so long it just made sense for Congress to give all American companies another sweetheart deal while adding Trillions to the National Debt?  That explanation makes as good of sense as any we have heard!  Check out the below Mad As Hell And.. blog post from early March about how ObamaCare will make company owners even richer while shifting the cost of their employees’ health insurance to the US Government:

The Rising Cost of Health Care and Thus Health Care Insurance and How “Obamacare” Looks To Us Out Here In the Real World – Is There Actually A Big Incentive For Employers To Drop Their Employees Health Care Insurance and Send Them To the State Health Insurance Exchanges? – Yes, There Is and That Is Absolute Madness! – The Bottom-Line Is That Either The Rising Costs of Health Care Will Be Brought Under Control Or Those Rising Costs Will Bankrupt the American Republic

Yes, this all makes perfect sense….NOT!)

Trying to get back to the subject of this blog post again, the Requirement in ObamaCare that all Americans purchase healthcare insurance….

We here at Mad As Hell And… believe that ALL Americans should carry some kind of healthcare insurance even if it is only a hospitalization or High Deductible insurance plan and we also believe that is how a Real Conservative would the view the issue as well.

Or the more basic and to the point question is:

Should the US Government “Mandate” that EVERY American that can afford to buy healthcare insurance be required to carry some kind of healthcare insurance policy?

Yes, unless the American that personally “chooses” to not purchase healthcare insurance also then “chooses” to pay the full-cost of any health care he or she uses if they are involved in an emergency situation or have to access the health care system.

Hell, the above is practically the definition of what being a “Conservative” really is which has as one of its main tenets….

Personal Responsibility

Shhhhh, don’t try to tell anyone in the Republican Party that “Personal Responsibility” is an important thing because there are primaries, caucuses and elections to be won and just like the Democrats most Republican elected officials care little about the merits of any issue and care a Whole Damn Lot about how an issue might get them and their party a leg-up in the next election.

At the end of the Los Angeles Time story on the Requirement in ObamaCare for all Americans to carry healthcare insurance former Wyoming US Senator Alan Simpson sums up the real problem in Washington DC:

“Former Wyoming Sen. Alan Simpson, a conservative Republican who backed the Chafee bill in 2003, said many in his party seem to have adopted an approach that he described as, “Let’s forget what we need to do and see if we can stick it to the Democrats … or stick it to the president.”

“Nothing makes sense to me anymore,” Simpson said.”

Senator Simpson, things in Washington DC quit making any sense about a decade ago when Republicans were holding the White House, the US Senate and the US House and went on a wild spending binge coupled with wars in Iraq and Afghanistan that were not paid for and now ten years later we have had both Republicans and Democrats spending money the country does not have, will never have and will never be able to pay back.

Some historians say there are inflection points in American history where America could have gone in two different directions.

It is our contention here at Mad As Hell And… that the 2000 election when the American People had the choice between Two Trust Fund Babies that grew up in the 1960s with neither of them doing an honest day’s work in their lives was one of those “inflection” points which turned the 2000 election into EITHER George W. Bush or Al Gore wins…

The American People LOSE!

…and guess what happened?  The American People LOST……BIG TIME!

US Debt Clock