City Liquidators

About

Contact

Newspaper Articles

Walt Pelett, the owner and founder of City Liquidators reads 3 newspapers a day. Below you can find the articles he finds interesting.

Occupy Camp Runamuck: Protestors Needed Urgently at a Different Site

We sympathize, a little, with the lost souls occupying public parks in New York, Washington and other major cities. Who doesn't like a parade? Who doesn't like to sit in the sun with new, like-minded friends? Who doesn't like to grouse about things that are out of their control? Any excuse will do.

Capitalism, however, is a poor excuse. It is also a poor target for far-reaching "reform" of the type that gives new powers to government.

The boils and carbuncles on capitalism did not grow there naturally. The flaws of American capitalism, especially of its big financial firms, were created by a public-private partnership between big government and big business.

No matter how big, business lacks the power to control its customers, unless it derives that power from a government that limits competition in the market. However bad monopolies may be, they don't last without help from government regulators, ostensibly promoting "the public convenience and necessity" but actually barring competition and fixing prices.

Some of the young protestors occupying a park near Wall Street are upset about their overwhelming student loans, which they can't pay back unless they have jobs, which they lack, which is a problem they blame on banks. Those who put their lifetime earnings in hock to take courses that didn't prepare them for any earthly career ought to be looking at the source of their student loans. Uncle Sam's tuition assistance and low-cost loans actually enriched their universities and empowered administrators to charge more and more for less and less education.

In the housing debacle, the predatory lenders were officially sponsored. Few Americans would have lost homes they though they owned if they had been renting all along, rather than responding to the tax breaks, cheap money and rising prices fostered by the Federal Home Loan Mortgage Association, the Federal Home Loan Mortgage Corp., the Federal Housing Administration and the rest of the national housing-finance cartel. There would have been no real-estate bubble and therefore no bust if Uncle Sugar had not sweetened the pot. Occupy Wall Street? The protestors should occupy the place that's the real source of their problems - Capitol Hill.

Bill Cosby : "I'm 76 and Tired"

I'm 76. Except for brief period in the 50's when I was doing my National Service, I've worked hard since I was 17. Except for some serious health challenges, I put in 50-hour weeks, and didn't call in sick in nearly 40 years. I made a reasonable salary, but I didn't inherit my job or my income, and I worked to get where I am. Given the economy, it looks as though retirement was a bad idea, and I'm tired. Very tired.

I'm tired of being told that I have to "spread the wealth" to people who don't have my work ethic. I'm tired of being told the government will take the money I earned, by force if necessary, and give it to people too lazy to earn it.

I'm tired of being told that Islam is a "Religion of Peace," when every day I can read dozens of stories of Muslim men killing their sisters, wives and daughters for their family honour"; of Muslims rioting over some slight offense; of Muslims murdering Christian and Jews because they aren't "believers"; of Muslims burning schools for girls; of Muslims stoning teenage rape victims to death for "adultery"; of Muslims mutilating the genitals of little girls; all in the name of Allah, because the Qur'an and Shari'a law tells them to.

I'm tired of being told that out of "tolerance for other cultures" we must let Saudi Arabia and other Arab countries use our oil money to fund mosques and mandrassa Islamic schools to preach hate in Australia, New Zealand, UK, America and Canada, while no one from these countries are allowed to fund a church, synagogue or religious school in Saudi Arabia or any other Arab country to teach love and tolerance..

I'm tired of being told I must lower my living standard to fight global warming, which no one is allowed to debate.

I'm tired of being told that drug addicts have a disease, and I must help support and treat them, and pay for the damage they do. Did a giant germ rush out of a dark alley, grab them, and stuff white powder up their noses or stick a needle in their arm while they tried to fight it off?

I'm tired of hearing wealthy athletes, entertainers and politicians of all parties talking about innocent mistakes, stupid mistakes or youthful mistakes, when we all know they think their only mistake was getting caught. I'm tired of people with a sense of entitlement, rich or poor.

I'm really tired of people who don't take responsibility for their lives and actions. I'm tired of hearing them blame the government, or discrimination or big-whatever for their problems.

I'm also tired and fed up with seeing young men and women in their teens and early 20's bedeck them selves in tattoos and face studs, thereby making themselves un-employable and claiming money from the Government.

Yes, I'm damn tired. But I'm also glad to be 76.. Because, mostly, I'm not going to have to see the world these people are making. I'm just sorry for my granddaughter and her children. Thank God I'm on the way out and not on the way in.

There is no way this will be widely publicized, unless each of us sends it on!

This is your chance to make a difference. " I'm 76 and I'm tired.

Ten GOP Heath Ideas for Obama

'If you have a better idea, show it to me." That was President Barack Obama's challenge two weeks ago to House Republicans regarding health-care reform. He has since called for a bipartisan forum, not to start over on health reform but to "move forward" on the "best ideas that are out there."

The best ideas out there are not those that were passed by the House and Senate last year, which consist of more spending, more regulations and more bureaucracy. If the president is serious about building a system that delivers more quality choices at lower cost for every American, here's where he should start:

Chad Crowe

• Make insurance affordable. The current taxation of health insurance is arbitrary and unfair, giving lavish subsidies to some, like those who get Cadillac coverage from their employers, and almost no relief to people who have to buy their own. More equitable tax treatment would lower costs for individuals and families. Many health economists conclude that tax relief for health insurance should be a fixed-dollar amount, independent of the amount of insurance purchased. A step in the right direction would be to give Americans the choice of a generous tax credit or the ability to deduct the value of their health insurance up to a certain amount.

• Make health insurance portable. The first step toward genuine portability—and the best way of solving the problems of pre-existing conditions—is to change federal policy. Employers should be encouraged to provide employees with insurance that travels with them from job to job and in and out of the labor market. Also, individuals should have the ability to purchase health insurance across state lines. When insurers compete for consumers, prices will fall and quality will improve.

• Meet the needs of the chronically ill. Most individuals with chronic diseases want to be in charge of their own care. The mother of an asthmatic child, for example, should have a device at home that measures the child's peak airflow and should be taught when to change his medication, rather than going to the doctor each time.

Having the ability to obtain and manage more health dollars in Health Savings Accounts is a start. A good model for self-management is the Cash and Counseling program for the homebound disabled under Medicaid. Individuals in this program are able to manage their own budgets and hire and fire the people who provide them with custodial services and medical care. Satisfaction rates approach 100%, according to the Robert Wood Johnson Foundation.

We should also encourage health plans to specialize in managing chronic diseases instead of demanding that every plan must be all things to all people. For example, special-needs plans in Medicare Advantage actively compete to enroll and cover the sickest Medicare beneficiaries, and stay in business by meeting their needs. This is the alternative to forcing insurers to take high-cost patients for cut-rate premiums, which guarantees that these patients will be unwanted.

• Allow doctors and patients to control costs. Doctors and patients are currently trapped by government-imposed payment rates. Under Medicare, doctors are not paid if they communicate with their patients by phone or e-mail. Medicare pays by task—there is a list of about 7,500—but doctors do not get paid to advise patients on how to lower their drug costs or how to comparison shop on the Web. In short, they get paid when people are sick, not to keep them healthy.

So long as total cost to the government does not rise and quality of care does not suffer, doctors should have the freedom to repackage and reprice their services. And payment should take into account the quality of the care that is delivered. Once physicians are liberated under Medicare, private insurers will follow.

• Don't cut Medicare. The reform bills passed by the House and Senate cut Medicare by approximately $500 billion. This is wrong. There is no question that Medicare is on an unsustainable course; the government has promised far more than it can deliver. But this problem will not be solved by cutting Medicare in order to create new unfunded liabilities for young people.

• Protect early retirees. More than 80% of the 78 million baby boomers will likely retire before they become eligible for Medicare. This is often the most difficult time for individuals and families to find affordable insurance. A viable bridge to Medicare can be built by allowing employers to obtain individually owned insurance for their retirees at group rates; allowing them to deposit some or all of the premium amount for post-retirement insurance into a retiree's Health Savings Account; and giving employers and younger employees the ability to save tax-free for post-retirement health.

• Inform consumers. Patients need to have clear, reliable data about cost and quality before they make decisions about their care. But finding such information is virtually impossible. Sources like Medicare claims data (stripped of patient information) can help consumers answer important questions about their care. Government data—paid for by the taxpayers—can answer these questions and should be made public.

• Eliminate junk lawsuits. Last year the president pledged to consider civil justice reform. We do not need to study or test medical malpractice any longer: The current system is broken. States across the country—Texas in particular—have already implemented key reforms including liability protection for using health information technology or following clinical standards of care; caps on non-economic damages; loser pays laws; and new alternative dispute resolution where patients get compensated for unexpected, adverse medical outcomes without lawyers, courtrooms, judges and juries.

• Stop health-care fraud. Every year up to $120 billion is stolen by criminals who defraud public programs like Medicare and Medicaid, according to the National Health Care Anti-Fraud Association. We can help prevent this by using responsible approaches such as enhanced coordination of benefits, third-party liability verification, and electronic payment.

• Make medical breakthroughs accessible to patients. Breakthrough drugs, innovative devices and new therapies to treat rare, complex diseases as well as chronic conditions should be sped to the market. We can do this by cutting red tape before and during review by the Food and Drug Administration and by deploying information technology to monitor the quality of drugs and devices once they reach the marketplace.

The solutions presented here can be the foundation for a patient-centered system. Let's hope the president has the courage to embrace them.

Mr. Gingrich is former speaker of the U.S. House of Representatives and founder of the Center for Health Transformation. Mr. Goodman is president and CEO of the National Center for Policy Analysis.

By NEWT GINGRICH AND JOHN C. GOODMAN