SMRs and AMRs

Tuesday, July 10, 2012

Appealing to paranoid multimillionaires

Terror among the rich

By Richard Cohen, WashPost, Published: July 9

WESTHAMPTON BEACH, N.Y.

It was a Romney weekend in the Hamptons. He went to three fundraisers, reportedly hauling in more than $3 million from the terrified rich who, living in their various versions of a seaside Versailles, fear the socialist inclined mobs and their fiery and supposedly radical leader, Barack Obama. Heads, or at least hedge funds, will roll.

I wrote last year that Obama had lost the Hamptons. Nothing has changed. He is roundly denounced for not doing a Heimlich on the economy, for his allegedly socialist ways, for Obamacare, for low employment, for high unemployment, for not returning phone calls, for not asking advice — for being cold, distant and, increasingly, just for being president of the United States. The man, it seems, has to go.

I share some of these sentiments. The economy remains in the doldrums, the occasional good month followed by two or three bad ones. Obama is something of a cold fish, which may be something he cannot help, but he is also a lazy politician, unwilling — not unable — to do the telephoning and backslapping that his job requires.

As for Obamacare, it is both a legal and programmatic mess not because it is even modestly socialist but because it is not socialist enough. A government-run health-care system such as the ones used in virtually all the industrialized world — the so-called single-payer system — would have been the way to go. Instead, we have a system in which private insurance companies will abuse doctors and patients alike in the cause of profit. This, alas, truly is the American Way.

(More here.)

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