Aug 8th 2009

Death by Government? Hang the Opposition

by Amitai Etzioni

Amitai Etzioni served as a Senior Advisor to the Carter White House; taught at Columbia University, Harvard, University of California at Berkeley, and is a University Professor at The George Washington University. He served as the President of the American Sociological Association, and he founded the Communitarian Network. A study by Richard Posner ranked him among the top 100 American intellectuals. He is the author of numerous op-eds and his voice is frequently heard in the media. He is the author of several books, including The Active Society, Genetic Fix, The Moral Dimension, The New Golden Rule, and My Brother’s Keeper. His latest book Security First: For a Muscular, Moral Foreign Policy was published by Yale University Press in the Spring of 2007. His regular blog is Amitai Etzioni Notes.

The opponents of Obama's Health Insurance for All Americans have given him a gift. They so overplayed their hand that they provided a golden opportunity for the president to show the American people how irrational, irresponsible and false their criticisms are.

Former New York Lt. Gov. Betsy McCaughey claims that the bill will "absolutely require" end-of-life counseling for seniors "that will tell them how to end their life sooner." Rush Limbaugh states that "People out of a certain age, with certain diseases, will be deemed not worth the investment and they will just -- as Obama said, they'd give them some pain pills and let them loop out till they die, and they don't even know it's happened." On his radio show, Sean Hannity stated: "You know, welcome to the brave new world of Obamacare. We're going to encourage, you know, inconvenient people to consider 'alternatives to living.'" Antiabortion leader Randall Terry calls it an attempt to "kill Granny."

The president could say something along the following lines: "Those who seek to prevent you from having health insurance -- whatever happens to your job, whatever preconditions you have -- are using some of the most underhanded, misleading arguments ever made, even in extreme cases of partisan politics. I realize that you are busy working or seeking work, taking care of your families, and discharging many other duties, and cannot examine the small print of complex legislation. Hence, it is often difficult for you to find out who is playing on your emotions, pulling the wool over your eyes, and lying outrageously.

"But here is your chance. If you just take but a few minutes, you can see the kind of falsehood those who oppose Health Insurance for All Americans use to scare you. The draft bill contains a small payment for doctors, so that if you wish, once in every five years, you may consult with your doctor, about what you wish he or she should do if you are dying. There is no requirement for you to do anything. There is no requirement for your doctor to do anything. There are a few dollars set aside for a consultation, to be paid by your insurer."

"Once you see how low the opponents of health insurance are willing to stoop, you will find it easier to see through their other misstatements -- and to let your Congress member know that you have not been fooled."

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Mar 24th 2021
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Mar 8th 2021
EXTRACTS: "XThere’s a global shortage in semiconductors, and it’s becoming increasingly serious." ...... "The automotive sector has been worst affected by the drought, in an era where microchips now form the backbone of most cars. Ford is predicting a 20% slump in production and Tesla shut down its model 3 assembly line for two weeks. In the UK, Honda was forced to temporarily shut its plant as well." ..... " As much as 70% of the world’s semiconductors are manufactured by just two companies, Taiwan Semiconductor (TSMC) and Samsung."
Mar 5th 2021
EXTRACT: "Back in 1992, Lawrence H. Summers, then the chief economist at the World Bank, and I warned that pushing the US Federal Reserve’s annual inflation target down from 4% to 2% risked causing big problems. Not only was the 4% target not producing any discontent, but a 2% target would increase the risk of the Fed’s interest-rate policy hitting the zero lower bound. Our objections went unheeded. Fed Chair Alan Greenspan reduced the inflation target to 2%, and we have been paying for it ever since. I have long thought that many of our economic problems would go away if we could rejigger asset markets in such a way as to make a 5% federal funds rate consistent with full employment in the late stage of a business cycle."
Mar 2nd 2021
EXTRACT: "Under these conditions, the Fed is probably worried that markets will instantly crash if it takes away the punch bowl. And with the increase in public and private debt preventing the eventual monetary normalization, the likelihood of stagflation in the medium term – and a hard landing for asset markets and economies – continues to increase."
Mar 1st 2021
EXTRACT: "Massive fiscal and monetary stimulus programs in the United States and other advanced economies are fueling a raging debate about whether higher inflation could be just around the corner. Ten-year US Treasury yields and mortgage rates are already climbing in anticipation that the US Federal Reserve – the de facto global central bank – will be forced to hike rates, potentially bursting asset-price bubbles around the world. But while markets are probably overstating short-term inflation risks for 2021, they do not yet fully appreciate the longer-term dangers."
Feb 28th 2021
EXTRACT: "To be sure, calls to “build back better” from the pandemic imply some awareness of the need for systemic change. But the transformation we need extends beyond constructing modern infrastructure or unlocking private investment in any one country. We need to re-orient – indeed, re-invent – global politics, so that countries can cooperate far more effectively in creating a better world."
Feb 23rd 2021
EXTRACT: "So, notwithstanding the predictable release of pent-up demand for consumer durables, face-to-face services show clear evidence – in terms of both consumer demand and employment – of permanent scarring. Consequently, with the snapback of pent-up demand for durables nearing its point of exhaustion, the recovery of the post-pandemic US economy is likely to fall well short of vaccine development’s “warp speed.” "
Feb 20th 2021
EXTRACT: "Human rights abuses under Erdogan are beyond the pale of inhumanity and moral decadence. The list of Erdogan’s violations and cruelty is too long to numerate. The detention and horrifying torture of thousands of innocent people for months and at times for years, without being charged, is hard to fathom. Many prisoners are left languishing in dark cells, often in solitary confinement. The detention of tens of thousands of men and hundreds of women, many with their children, especially following the 2016 failed coup, has become common. It is calculated to inflict horrendous pain and suffering to bring the prisoners to the breaking point, so that they confess to crimes they have never committed."
Feb 20th 2021
Courtyard of the Amsterdam Stock Exchange, circa 1670, (Job Adriaenszoon Berckheyde).
Feb 12th 2021
EXTRACT: "Global regulators will no doubt be concerned about a potential volatility spillover from digital asset prices into traditional capital markets. They may not permit what could quickly amount to effective proxy approval by the back door for companies holding large proportions of a volatile asset on their balance sheets."
Feb 11th 2021
EXTRACT: "Since Russians began protesting opposition leader Alexei Navalny’s imprisonment, the security forces have apparently had carte blanche to arrest demonstrators – and they have done so by the thousands. If Russians so much as honk their car horns in solidarity with the protesters, they risk personal repercussions. The official response to the protests goes beyond the Kremlin’s past repression. It is war."
Feb 6th 2021
EXTRACT: ".......like Biden, Roosevelt was certainly no revolutionary. His task was to save American capitalism. He was a repairer, a fixer. The New Deal was achieved not because of Roosevelt’s genius or heroism, but because enough people trusted him to act in good faith. That is precisely what people are expecting from Biden, too. He must save US democracy from the ravages of a political crisis. To do so, he must reestablish trust in the system. He has promised to make his country less polarized, and to restore civility and truth to political discourse. In this endeavor, his lack of charisma may turn out to be his greatest strength. For all that he lacks in grandeur, he makes up for by exuding an air of decency."
Feb 2nd 2021
EXTRACT: "Europe must not lose sight of the long game, which inevitably will center on China, not Russia or relations with post-Brexit Britain. China is already establishing a presence in Iran, and demonstrating that it has the capital, know-how, and technology to project power and influence beyond its borders. Should it succeed in turning the Belt and Road Initiative into a line of geopolitical stepping-stones, it might soon emerge at Europe’s southeastern border in a form that no one in the EU foresaw."
Jan 29th 2021
EXTRACT: "One sign of this change is that, unlike all recent Democratic administrations, Biden’s hasn’t paid obeisance to Wall Street by giving bankers top jobs. The new Secretary of the Treasury, Janet Yellen, is a former Federal Reserve chair and academic who has made it clear that she understands the country’s pressing social needs. Moreover, Biden consulted Warren on her economic views, and has named a former Warren adviser as Yellen’s deputy. Yellen’s appointment demonstrates that Biden shares the insight that enabled Trump’s rise: that too many Americans feel that they cannot get a fair share. "
Jan 24th 2021
EXTRACT: "Barack Obama cautioned in his final speech as president that, “Our democracy is threatened whenever we take it for granted.” Yet isn’t that exactly what America has been doing? In a decade punctuated by the global financial crisis, the COVID-19 crisis, a racial-justice crisis, an inequality crisis, and now a political crisis, we have only paid lip service to lofty democratic ideals. ... Sadly, this complacency has come at a time of growing fragility for the American experiment. Internet-enabled connectivity is dangerously amplifying an increasingly polarized national discourse in an era of mounting social and political instability. The resulting vulnerability was brought into painfully sharp focus on January 6. The stewardship of democracy is at grave risk. "
Jan 23rd 2021
EXTRACT: "To be sure, if cornered, any populist might resort to Trump’s endgame methods: trying to coerce elites into committing fraud to prevent a transfer of power, or deploying right-wing extremists on the ground to intimidate lawmakers. These desperate acts signaled Trump’s weakness. But it is important to note that most Republicans still did not disown Trump even when confronted with his blatant lawlessness on January 6. ... Other right-wing populists may well take notice of this fact. The recent events in the United States have shown that elites who are prepared to collaborate with authoritarians will tolerate quite a lot in the end. This ignominious precedent is especially likely to hold true in other countries where crony capitalism has implicated the business community in illegal behavior."    
Jan 21st 2021
EXTRACT: "May, a decent and honest woman, was far outdistanced by her successor and his colleagues in the Trump sycophancy stakes. In January 2017, Johnson’s senior fellow Brexiteer and principal ministerial fixer, Michael Gove (a former journalist with The Times newspaper), conducted an interview with then President-elect Trump that plumbed new depths of oleaginous toadyism. Gove wallowed in Trump’s endorsement of Brexit. It subsequently came to light that Gove’s then-employer, Rupert Murdoch, was in the room while the interview took place. And why not? The owner of Fox News as well as The Times was entitled to keep an eye on his two protégés."
Jan 21st 2021
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Jan 19th 2021
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