Posted on By: Fred

Cheer-up, America! The Case for American Optimism

Look for moments of maximum pessimism. To the legendary value investor Sir John Templeton, this was the secret to learning how to buy low and sell high.

In recent months, I’ve been feeling the pessimism in a big way. You probably have too. Watching the scroll of headlines on cable news channels this summer, I thought I was in an overdone disaster film. Riots break out across the globe, screamed a Drudge headline. Markets were crashing. An earthquake cracked the Washington Monument. In my hands, Mark Steyn’s new book After America — a rollicking read that makes a strong case that we should prepare for the apocalypse — arrived perfectly timed with the S&P’s downgrade of the United States’ credit rating. The end, surely, seems nigh.

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Posted on By: Fred

Cataracts, hips, knees and tonsils: NHS begins rationing operations

Hip replacements, cataract surgery and tonsil removal are among operations now being rationed in a bid to save the NHS money.

Two-thirds of health trusts in England are rationing treatments for “non-urgent” conditions as part of the drive to reduce costs in the NHS by £20bn over the next four years. One in three primary-care trusts (PCTs) has expanded the list of procedures it will restrict funding to in the past 12 months.

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Posted on By: Fred

Britain would be a better place if families looked after their own

The welfare state, as conceived by the great social reformer Sir William Beveridge and implemented by the Attlee government after the Second World War, was a sublime idea. It rescued millions of British citizens from the degradation of poverty and lifted the fear of illness. It guaranteed employment or, if jobs were not available, universal benefits. It offered security in old age.

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Posted on By: Fred

As we go over the cliff, just who is in the driver’s seat?

A few months ago, I asked the question, “How did we get here?”

If you have to ask where “here” is, then you may as well not read this column. But if you, too, believe that “here” is the end of the road for Western civilization, then you may as well read it and weep.

If you have to ask where “here” is, then you may as well not read this column. But if you, too, believe that “here” is the end of the road for Western civilization, then you may as well read it and weep.

I have explored a few possibilities already to explain the collapse of American values and American traditions in the past 50 years (which roughly correspond to my own life span up till now). Most of them seem to be linked to the phony Marxist philosophy of “redistribution of wealth,” whether in the guise of the New Deal, the Great Society, social justice or “the myth of permanent plenty.”

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Posted on By: Fred

Former British Health System Director Dies After Hospital Delays Life-Saving Operation Four Times

A tragic story and a cautionary tale regarding government-run healthcare and the rationing it inevitably requires. A chilling preview of things to come under Obamacare:

A former NHS director died after waiting for nine months for an operation – at her own hospital. Margaret Hutchon, a former mayor, had been waiting since last June for a follow-up stomach operation at Broomfield Hospital in Chelmsford, Essex.

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Posted on By: Fred

Edmund Burke (1729-1797)

Edmund Burke was an Anglo-Irish statesman, author, orator, political theorist, and philosopher who, after moving to England, served for many years in the House of Commons of Great Britain as a member of the Whig party. He is mainly remembered for his support of the cause of the American Revolutionaries, and for his later opposition to the French Revolution.

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Posted on By: Fred

Is O’Reilly losing his touch or is he just irresponsible?

Does access breed obsequiousness? One would be hard-pressed to come to another conclusion with regard to Sunday night’s chat-fest between Fox News’ Bill O’Reilly and president Barack Obama. If that was an example of Mr. O’Reilly’s contention that his TV domain is a “no spin zone,” one might consider such a contention to be utterly laughable. Yet the exchange revealed something immensely troubling about the president which, once again, was ignored by the same mainstream media which has largely ignored the troubling revelation that this president sold out Britain to Russia to get the START treaty ratified. Who got sold out this time? Israel, and by extension, Jewish Americans as well.

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