More problems coming

Tim Cavanaugh at Reason.com has an excellent article about the accelerating collapse of the American real estate markets, both residential and commercial. Yes, I said "accelerating". Cavanaugh says that home mortgage delinquencies are "...rising at a faster pace."

In the meantime, Obama, Bernanke and the boys have all declared that the recession is over, to the point that O is on his way to Copenhagen to stump for the O-lympics coming to Chicago. Question: If by invading Iraq Bush took his eye off the supposedly more important war in Afghanistan, didn't O just do the same thing by ignoring the economic crisis while trying to put through his ridiculous health care reform bill? If the economy isn't functioning on all cylinders, there is no point at all in having health care reform.

I am all for reforming health care, or health insurance or whatever it is that the focus groups are telling Axelrod now, but I am opposed to this mess that O and the Dems in Congress have thrown over the transom. I would like to see, in no particular order:

• True portability, the way that our car insurance is portable.
• True competition in the insurance market. Let insurers compete across state lines.
• Pretty much everything that Whole Foods CEO John Mackey discussed in his Wall Street Journal commentary back August, link here.

In the end, we have to make significant changes to health care and the changes made should put more power and choice in the hands of the people, not their elected officials.