As passage of the latest encroachment into the lives of everyday Americans was signed last week by President Obama [1], politicians on the Left are cheering that we are finally catching up to Europe. I have seen many signs proclaiming “Healthcare is a Human Right” which I find strange considering healthcare insurance did not exist 100 years ago [2].
I would imagine what is a human right is the ability to manage your own property the way you deem fit. By printing money to pay for new entitlement programs we cannot afford, the government is reducing the value of people’s hard earned savings and impeding our rights to use our money the way we intend.
The Greeks now have to endure the embarrassment of accepting loans from the IMF [3] typically reserved for Third World countries since the Germans do not want to bailout the first Olympians. Will the Chinese let the U.S. economy become a tragedy or remain a comedy?