Tuesday, July 21, 2009

The Pelosi Terror: Guillotine The Rich

Nancy Pelosi wants government to take over health care. But there's a snag. At present the yearly income level at which Americans will be slapped with an onerous tax increase, is set at $250,000.

Pelosi's own salary is presently $223,500 per annum, which does not include perks such as free travel and postage and so forth. With a yearly cost of living increase of 2.5%, she will soon reach the $250,000 category. So, she's seeking to raise the income level to $500,000 for individuals and $1 million for families.

In a recent interview pleasantly discussing her desire to slaughter the very rich, Pelosi remarked that if individuals hear that those making one-half million or more will be heavily taxed to pay for the government's health care program, they will be relieved, exclaiming, "My God, that's not me."

Consider the import of such a statement. Pelosi knows that high taxation is destructive. She also knows that high taxes have an adverse affect on the desire to earn more. She knows that those who are below the kill-line will not be motivated to penetrate it.

A yearly salary of $223,500 is a lot of money. Who pays Ms. Pelosi's salary? You do. The taxpayer. Is your employee listening to you? She is not. After the rich have been guillotined to support socialized medicine for a year or two, your taxes will be raised to continue the government charade. Is she working in your interest? She is not. A rich American means more savings, more investments in new business, more jobs, a higher standard of living nationally. Sending them to the guillotine means sending you.

During the interview, Pelosi claimed, "Americans want government health care." Is she telling the truth?

A Gallup poll showed that in interviews with 3,026 adults, 18 years of age and older, conducted in 2009, from July 10 to July12, 56% favored and 33% opposed Congress' passing major healthcare reform legislation this year. Gallup stated that most of the questions were asked of only 1,518 individual adults, with a sampling error of plus/minus 3 %. That means about 850 Americans favor and 501 Americans oppose health care reform. Out of a population of almost three hundred million, no matter whether using 1,518 or 3,026, the number does not constitute "all" Americans.

But wait. Suppose one looks at what these Americans favor or oppose. Saying that one favors government health care reform does not mean favoring government health care. With all the corruption and high prices government has caused, reform understandably would be on one's mind these days. So, it's no surprise that the same poll found that 52% to 42% of the 1,518 polled---that is, approximately 789---said that controlling costs is more crucial than expanding coverage. Does that mean that all of those 789 are enamored with government health care? It does not. It simply means they are concerned with costs. One cannot conclude from this that "all" Americans want government health care. What they want is less expensive care. Who does not?

But will government health care give it to them? Today, under partial control of government medicine, fraud amounts to $68 billion a year. Fraud drives up costs. With a government monopoly of health care, fraud will be considerably worse. The cost of health care under government will skyrocket. Establishing free-market medicine will bring costs down.

During the interview, Pelosi stated, "Every single person in America is an expert on his or her health care."

This is true, so why does she claim the government knows best how to take care of their medical problems? Such a question was not raised. Instead Pelosi referred to regional, generation, and ethnic differences, then stated that she and her cohorts want the government health care plan to work for the entire country, ending with the remark: "So, we have to listen to everybody," she said.

Such a statement would be laughable were it not so flagrantly dishonest. Pelosi like so many of her colleagues does not listen to her constituents. She is not listening to any American who opposes her and flatly refuses to recognize the existence of dissenting points of view. She is determined to have her way no matter how many Americans are rendered destitute, no matter how greatly the economy suffers, no matter how many jobs are lost through the impoverishment of the producers/earners.

"Death to Aristos!" shouted the sans-culottes during the French Terror. Pelosi is fully sympathetic to that point of view.

Suggested Reading:
Ayn Rand, Atlas Shrugged
Ayn Rand, Capitalism: The Unknown Ideal
Henry Hazlitt, Economics in One Lesson

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At July 28, 2009 at 2:55 PM , Blogger Charles T. said...

Ms. Bokor,

I want to thank you for your seemingly tireless efforts in defending the rights of individuals. As an O'ist, I know perfectly well that you do it for your own interest, but I am also aware that, if your efforts (in conjunction with those of many others) are successful, I will benefit greatly as well. You are awesome. Long live lady liberty. - CT p.s. Do you take donations? How would I go about giving you some money?

At August 8, 2009 at 9:55 AM , Blogger blnelson said...

Thanks Sylvia for an excellent analysis. I would also note that government reform of health care could include getting the government out of it.

At August 31, 2009 at 2:08 PM , Blogger R. Hartman said...

Pelosi is a typical socialist as portrayed in Hayek's Road to Serfdom.

As Stefan Molyneux quite correctly noted: Evil people neccessarily will populate the positions of power in a State. It's the only place where they can escape punishments for their acts, by legitimizing them.

Ayn Rand had a clear view of the evil of Statism, yet she was an advocate for minarchism. And as Roy Childs pointed out, that's a contradiction. Ms. Rand was not thankful for that notion...


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