Archive for September, 2014

Socialized Medicine and Other Ponzi Schemes

I am continuously surprised by the number of intelligent people who are blissfully ignorant about ObamaDoesn’tCare (ODC).

There are scores of people I talk with who are optimistic about socialized medicine in general and ODC in specific. Ufortunately for them, most of these people will still be alive and consumers of the government health care system when it starts “providing” services in 2016. Until then, all of us will be paying for it but not really getting the the full force of it — in sort of a “pay-6-years-before-you-get-it” scheme. I think Berney Madoff had a similar plan.

The number of victims from Bernard Madoff’s alleged Ponzi scheme numbered in the thousands. The of names of clients who invested money with Mr. Madoff was released as part of a bankruptcy-court filing, and below, are illustrated some of the most exposed investors sorted by location and the amount of  loss.

MadoffPonziSchemeVictimsMap2010  For ObamaDoesn’tCare substitute the map above with a map showing the entire       country in red!

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Those who cannot remember the past…

The ancient city-state of Carthage, located in modern day Tunisia, competed with Rome for world dominance, and their world was the area around the Mediterranean.

After Rome invaded the island of Sicily, the two nations went to war as there had been a treaty between the Romans and Carthaginians that stated both nations agreed not to attack the Greek colonies on Sicily. 

Carthage2014

Unlike Obama, who refused to uphold the treaty the US has with Ukraine pledging that the US would protect it from foreign invasion (ostensibly Russia) if it gave up its nukes, the Carthaginians were true to their word. The invasion of Sicily by the Romans sparked outright conflict eventuating in three wars with Rome called the Punic wars.

Rome was a land power; they built their nation with powerful legions. Carthage was a maritime power, and they expanded their power through trade and commerce.
Since Carthage was a sea power it had a naval advantage over Rome, until the Romans caught up, that is. 
Sound familiar?
The Roman navy, like the Chinese navy, became increasingly stronger and by the end of the third Punic war — in 146 BC — the Romans wiped out Carthage.
 
“Those who cannot remember the past are condemned to repeat it.” – George Santayana
 
Any bets on when China cleans our clock, and will it be called year 1 AA for “After America?” — great book by-the-way!
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JRD