Tuesday, May 26, 2009

Twisted Logic

People hate lawyers for good reason. They typically have to deal with lawyers during unpleasant times in life such as divorce, bankruptcy, and death. There are a few less painful times, such as setting up contracts or adopting a child, but, for the most part, lawyers are a real pain in the ass. Especially when they start speaking lawyerese, a.k.a., bullshit.

I often tell people that everybody hates lawyers who use the technicalities of the system until they need a lawyer who knows how to do it well. Such a person is worth hundreds of dollars an hour.

Of course, the only thing people hate more than lawyers are lawyers who become politicians. Then they bring the bullshit factor up exponentially. Have you seen the way laws are written these days? For all the talk of simplifying the law so that laymen can read it, politicians seem bent on making it more complicated, giving them more room for lawyerly arguments.

I was thinking about this when I read about Obama's C-SPAN interview in which he argued that "we're out of money," and the reason is health care costs.

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made on health care so far. This is a consequence of the crisis that we've seen and in fact our failure to make some good decisions on health care over the last several decades.

I suppose Obama's correct taht we're operating in deep deficits not because of health care. We're operating in deep deficits because he and a Democrat-run Congress had to pay off a lot of cronies and spend money they didn't have on things we don't need, all in the name of "stimulating" the economy. As Glenn Reynolds notes, the chart is still true:

And none of that has anything to do with health care costs.

Carney talk like this makes even your average ambulance chaser and political hack look good. How does he say these things with a straight face? This "former law professor" (NOT) should know a tapdance when he sees one, but, I suppose, he's been given a free ride so long by the MSM that he doesn't think anyone will notice this sort of sophistry.

Robert Stacy McCain explains how Obama's deficit spending affects the bond market, which, in a nutshell, ain't happy.