Tag: monopolies

13-29 Bidenomics is Killing Capitalism and The Little Guy

13-29 Bidenomics is Killing Capitalism and The Little Guy

Show 13-29 Summary: This week, we’re looking into Bidenomics and what’s happening in the wider economy, what’s supposedly real (allegedly booming) and what’s real (it’s not booming). We also take a look at the hand-in-glove relationship between Big Government and Big Business — as they partner to make each other stronger, bigger, and more powerful. Meanwhile, there’s small businesses and the taxpayer but government’s relationship with them is more hand-in-pocket. And, as one might expect, Oregon dropped two spots in the latest Rich States/Poor States ranking of state economies. We discuss why.

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Original Air Dates: July 22nd & 23rd, 2023 | Guest: Jonathan Williams

This Week – Bidenomics Killing Capitalism

It’s no secret that socialists hate real capitalism and the free market system because it means government is not in control. People are. And it makes the little guy wealthy and independent of government. And that’s the mortal enemy of socialism.
Enter Bidenomics. Which is the perfect (for socialism) answer to capitalism. Bidenomics marries Big Government with Big Business providing the socialist kill shot for capitalism.

Under Bidenomics, Big Business flourishes. Why? Because Big Government squeezes out Big Business’s competitors by using regulations to choke smaller companies’ profits while Big Business plays by different rules. In a regulation-heavy market, guess who wins? The ones who can afford the most lawyers and lobbyists.

Take a listen to this brief video mentioned during the show to see how Bidenism is causing a lurch toward monopolies in the banking sector. To squeeze out their smaller competitors. (The original tweet is from Dr. Peter St. Onge.)

Jonathan Williams of ALEC

We talk Bidenomics with Jonathan Williams, the Executive Vice President of Policy and Chief Economist for ALEC — the American Legislative Exchange Council. ALEC is the nation’s leading economic policy think tank, working directly with state legislators to pass free-market solutions to Big Government’s constant overreach.

Jonathan discusses what’s really happening with Bidenomics. No surprise, the Biden admin is on full spin mode trying to make people disbelieve the evidence of their own eyes. Inflation, high prices that keep getting higher, and more. But we’re told but the Bidenomics priesthood this is all a good thing.

And we talk about the corruption happening now in Washington, D.C., which Jonathan likes to call, the Land of Make Believe. Did anyone ever expect to see this much corruption and no one do anything about it? Not even pretend to be interested?

And what about that lurch away from capitalism to monopolism — where Big Government works hand-in-glove with Big  Business to kill off their competitors.

Finally, we talk about ALEC’s latest Rich States, Poor States edition, which came out in April 2023. Oregon dropped a couple of spots. Which probably surprises no one who lives in Oregon. But find out why.

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Research, Links Mentioned & Additional Info

Visit Jonathan Williams’ terrific organization, American Legislative Exchange Council or ALEC. And urge your state representatives and senators to get become part of ALEC.

You can follow Jonathan on Twitter at @TaxEconomist

How did Oregon do in the 2023 edition of Rich States, Poor States? Not so good. Explore all the states or jump to Oregon’s rankings.

Disney Might Sell Off TV Assets Like ABC, CEO Bob Iger Says (Forbes, July 13, 2023)

Disney CEO Bob Iger in ‘damage control’ mode over possible sale of ABC, ESPN (NY Post, July 19, 2023)

Millions of U.S. Jobs Are at Risk From Climate Policy: Joe Trotter in Delaware Valley Journal – American Legislative Exchange Council (ALEC, June 22, 2023)

Kotek doles out 22% raises, $1500 inflation bonus (Oregon Catalyst, July 19, 2023)*The end result is the latest agreement for these Oregon government employees which includes a 6 point 5 percent raise this December and another 6 point 5 percent raise in 13 months. Other employees will be getting between 13 and 22 percent raises. It also includes a one-time $15 hundred dollar bonus to handle inflation.

Not Mentioned but Related

Field Office, Defaults on $73.8 Million Loan (Willamette Week, July 17, 2023)*Field Office, a 2 hundred 90 thousand-square-foot office complex near the Willamette River, have defaulted on their $74 million dollar loan. It’s due to being unable to find enough tenants.

Oregon Doctors seek to form a union (Oregon Catalyst, July 17, 2023)*Doctors seek unions due to being pressured and negatively impacted as they’re forced to accept more patients. More and more doctors are being forced into consolidation and away from smaller, family care environments. Along with more rules and legal requirements. A result from heavy handed taxes, fees, red tape, and legal impositions imposed by governments.As Oregon hospitals lost nearly half billion dollars in just a half year.

Lebanon considers asking voters for new tax (Democrat Herald, July 17, 2023)*Lebanon elected officials are considering raising taxes to avoid depleting the city’s general fund by 2024 and operate at a deficit by 2026. The city was up against a $1 point 2 million dollar shortfall when its fiscal year started this July.

The Rise and Fall of the Chief Diversity Officer (Wall Street Journal, July 21, 2023)

 

Why Oregon’s Health Care Lost Its Way—and Can It Recover?

Why Oregon’s Health Care Lost Its Way—and Can It Recover?

Show Summary: It was only six years ago that Oregon had one of the health care systems and markets in the nation. But then Democrats “fixed it” with their zeal for universal health care. A look back—and can it be fixed?

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Five Different Times, on Seven Different Stations. Listen anywhere! All stations stream live!

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Air Dates: Nov 9 & 10, 2019 | Lisa Lettenmaier

There’s a scene in Star Trek III when the crew of the Enterprise have stolen the ship and they’re being pursued by the Excelsior, the newest, fastest ship in the Federation fleet. The Enterprise goes to warp and the Excelsior prepares to give chase—only to have the engines grind to a halt and come to a dead stop. Scotty turns to Dr. McCoy, hands him some bolts, and says, “Here, Doctor. From one surgeon to another. The more they overhaul the plumbing, the easier it is to stop up the drain.”

And that’s pretty much what happened to Oregon’s health care.

Oregon’s Health Care: What Happened?

What happened? In a word: Democrats. In their zeal to push Oregon into “universal health care,” also known as “single payer.” Or, more accurately, “socialized medicine.”

A Look Back at Oregon’s Health Care

This week, we’re joined by Lisa Lettenmaier, the owner and operator of Health Source Northwest. Lisa is our go-to expert for health care, especially the “unique aspects” of Oregon’s health care market, given our lurch toward socialized medicine.

It’s open enrollment time. Do you have an insurance plan? The deadline is Dec. 7th for Medicare and Dec. 15th for individuals. See HealthSourceNW.com

Oregon’s Health Care System Transformation

In 2013, then-Oregon-Governor John Kitzhaber, a huge proponent of single-payer/universal health care/socialized medicine introduced a grand plan for Oregon’s health care. It was generally known (in typical socialist lingo) as “Oregon’s health system transformation.”

Kitzhaber convinced Obama to spend billions on this new innovative health care system that was going to transform health care as we know it: improve care and lower costs. You read that correctly. We spent billions to lower costs.

It introduced regional monopolies known as “coordinated care organizations” (CCOs). This,  despite studies that repeatedly shown that ACOs (associated care organizations, as they are known in Obamacare) do not save money. And do not improve care.

Oregon’s Coordinated Care Organizations

To set up these monopolies, they introduced legislation to bypass antitrust laws, violating the free market. The Oregon Health Authority (nice name, Nazis!) became the overseer of all things health. And the bureaucracies. Multiple layers of bureaucrats between you and your doctor. All of whom end up on Oregon’s PERS. A global budget that removed the ability to track monies allocated per patient. (Because that wouldn’t ever lead to abuse, grift, and corruption.) And a never-before seen cap on Medicare and Medicaid.

Basically, CCOs violated every free-market principle that would lower costs and improve care.

And, sadly, Oregon Republicans helped pass it. Yes, Republicans. How did this happen?

Useful Idiots: Oregon’s Republicans

Basically, the transformation was sold to gullible Republicans under the guise of “saving money” and “local control.” After the fact, they were “surprised” that this turned out to be a big giant push toward socialized medicine.

In reality, it shouldn’t have surprised any of them. Why? Because on the first page, the first paragraph of the bill it clearly said, “It is the intention of the Legislative Assembly to achieve the goals of universal access.” Yes. Universal health care. Single payer. No private health care. The finest that Venezuela has to offer.

Bill language from Oregon's health care transformation

True Stories of Socialized Medicine

Here’s a reminder: no democrat running for president has ever lived under socialism. Not one.  That’s right. None of them have ever lived under universal health care. And yet Bernie and Warren and several others are pushing for both socialism and universal health care.

Know what’s funny? Have you noticed that when people in those universal health care systems run into trouble, they go to where there isn’t a universal health care system? Instead, they come here to the U.S. rather than waiting weeks or months for treatment.

Well, not everyone. Just the rich. And the politicians.

When you run into trouble in a universal health care system, you go to where there isn’t a universal health care system

Want some true stories from people who have lived under socialized medicine? See this thread on Twitter from Carlos Osweda.

Podcast Version

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Links Mentioned

Additional Links & Info