From Reason.tv:
For an industry that absolutely obsesses over the box office and the bottom line, Hollywood sure does have an odd view of capitalism.
Is it self-loathing? Or is it a peculiar statist disorder that sees its own profiteering as somehow more pure than other capitalist endeavors. Who knows?
Just keep making those movies, guys and maybe one of these days we'll get around to enduring the soul-crushing experience of the multiplex to watch one.
Tuesday, October 5, 2010
Strange business
Posted by
Dean
at
10/05/2010 09:39:00 AM
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Labels: capitalism, greedy corporations, Hollywood, profits, statism
Friday, July 23, 2010
All your health care are belong to us Pt. III
The hit machine that is Dr. Donald Berwick (President Obama's hopeful for heading up Medicare and Medicaid and who will now be subject to Senate confirmation) keeps on rolling (Pts. I and II can be found here).
If the terms "rationing", "regime" and fascist pig somehow offend you with respect to ObamaCare, we suggest you listen to the man himself.
Doc?
"For-profit, entrepreneurial providers of medical imaging, renal dialysis, and outpatient surgery, for example, may find their business opportunities constrained."
You can pretty much kiss medical innovation good bye because innovation costs money (with the hope of a return (see also, evil profits)) and we now worship at the altar of cost containment.
"One over-demanded service is prevention: annual physicals, screening tests, and other measures that supposedly help catch diseases early."
We love showing this quote and those similar made by other ObamaCare acolytes to women in our age group who have benefited from early detection. Let's just say that their reaction is usually less than favorable.
"I would place a commitment to excellence—standardization to the best-known method—above clinician autonomy as a rule for care."
"Health care has taken a century to learn how badly we need the best of Frederick Taylor [the father of scientific management]. If we can't standardize appropriate parts of our processes to absolute reliability, we cannot approach perfection."
"Young doctors and nurses should emerge from training understanding the values of standardization and the risks of too great an emphasis on individual autonomy."
"Political leaders in the Labour Government have become more enamored of the use of market forces and choice as an engine for change, rather than planned, centrally coordinated technical support."
"The U.K has people in charge of its health care—people with the clear duty and much of the authority to take on the challenge of changing the system as a whole. The U.S. does not."
Translation: All your health care no longer belongs to you. That physician-patient relationship? Forget it. Standardization is simply code for rationing. Rationing of medical goods and services that have passed through the bureaucratic wickets of Berwick's "people" who will, with missionary zeal, enforce equality over quality.
Follower update: Nickie Goomba and What Makes Us Right are in the house.
Posted by
Dean
at
7/23/2010 01:36:00 PM
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Thursday, July 22, 2010
Gold is kind of like health care

Gracious. The hits just keep on coming. Yet another installment for our running archive Nancy's Nuances: a journey of discovery.... things we're finding out about ObamaCare after the legislation has passed.
Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.
The issue is rising to the fore just as gold coin dealers are attracting attention over sales tactics.
Section 9006 of the Patient Protection and Affordable Care Act will amend the Internal Revenue Code to expand the scope of Form 1099. Currently, 1099 forms are used to track and report the miscellaneous income associated with services rendered by independent contractors or self-employed individuals.
And some perspective from the small business angle:
Pat Heller, who owns Liberty Coin Service in Lansing, Mich., deals with around 1,000 customers every week. Many are individuals looking to protect wealth in an uncertain economy, he said, while others are dealers like him.
With spot market prices for gold at nearly $1,200 an ounce, Heller estimates that he'll be filling out between 10,000 and 20,000 tax forms per year after the new law takes effect.
"I'll have to hire two full-time people just to track all this stuff, which cuts into my profitability," he said.
No one gives a damn about your profitability, Mr. Heller. Profits are evil. In fact, why are we fussing around so much about this. If gold is so popular, let's just declare it a right.
Affordable gold for everybody!
Posted by
Dean
at
7/22/2010 03:47:00 PM
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Labels: gold, health care reform, Obamacare, profits
Thursday, May 22, 2008
Big Oil in the Parliament of Whores

The Senate, unwilling to let the House continue their unprecedented run of unhinged, irrational and childish behavior unaccompanied, hauled before them the leaders of Big Oil and strapped them to the whipping post for a public flogging on Capitol Hill, yesterday.
In a regrettable affront to 3rd graders everywhere, we imagine the leaders of Big Oil trying to explain global market dynamics as it relates to oil, would be like talking to a roomful of schoolchildren who haven’t yet been put down for their nap.
Typical of the exchanges between the petrol evil-doers and Congress:
Big Oil…
Lee R. Raymond, Exxon's chairman and chief executive, said that the industry's profits, measured as a share of its revenue, were no greater than those in other industries. We are in line with the average of all U.S. industry," Mr. Raymond said. "Our numbers are huge because the scale of our industry is huge. How are these earnings used? We invest to run our global operations, to develop future supply, to advance energy-producing and -saving technologies, and to meet our obligations to millions of our shareholders."
And the Senate…
“None of us knows much about pricing…” Senator Byron L. Dorgan of North Dakota.
Of course, this harangue-op will do absolutely nothing to lower the price of oil nor will it do anything to bring more of the world’s currently most economically feasible energy commodity to market. It won’t… we promise.
Full story here.
Some of the planet's perturbed, scaring children and crinkling noses at the hearings yesterday.
Posted by
Dean
at
5/22/2008 04:47:00 PM
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Labels: Big Oil, big waste of time, congress, Exxon, hearings, high gas prices, House of Representatives, huge profits, P.J. O'Rourke, petrol evil-doers, profits, Senate