Wednesday, November 13, 2013

Celebrating My Mother's Life, 26 Years After Her Death


26 years ago on a Friday the 13th, I was at a rehearsal for a Christmas play at Jimmy Swaggart Bible College in Baton Rouge, Louisiana when the Dean of Male Students interrupted us to escort me back to his office. Nothing could have prepared me for that call from my sister, informing me that our mother, Norma Jean "Stormy" Falor, had died.

She was a fighter. She was a crier, She waited tables to put herself through secretary school after dropping out of high school to elope with her sweetheart in the Air Force and then facing the disappointment of divorce It was as a waitress that she met my father. After getting a break to join the steno pool at Toledo Edison, she worked her way up all the way to Executive Secretary to the President. (All while helping my dad produce his Masters thesis.) When John Williamson would fret and fume over corporate difficulties, she would take him by the arm and lead him to the glass walls of his 15th-story office, point to the streets of downtown Toledo below, and say, "Look at all those people walking around down there, Mr. Williamson, just as if the world weren't coming to an end!"

When I was born, the doctor had to inform her of my heart defect, warning her that I might not make it to infancy when surgery would be possible. She looked him in the eye and said, "Bet me!" She made many mistakes, some of which (drinking and smoking) drove me from her home and put her in an early grave. But none of that can ever blot out my admiration of her, my gratitude for all she was and did for me, or the sweet sorrow I feel that she did not live to see me come into my own and lead an extraordinary life.

I've lived more years, now, without her in this world than with her. Yet the memories and the love remain strong. I know she would be proud of me. The occasion of today's anniversary gives me the opportunity to express publicly, "I'm proud of you, Mom and I celebrate the brief, dazzling spark that was your life."

Sunday, November 10, 2013

On Obamacare and the Free Market


Many of my contemporaries are posting and blogging about the PPACA, also known as "Obamacare", which rolled out its public health insurance marketplace in October. The most consistent complaint I read about the program is that it sets a new precedent of governmental intrusion on private citizens by requiring us all to purchase a product, namely: a health insurance policy. The law is set up this way so that the economics of heath insurance underwriting will work -- healthy individuals' premiums today cover sick individuals' costs today and provided a reserve for the costs of tomorrow.

It is worth considering how we as a county find ourselves crossing this precedent of intrusion. You would think (wouldn't you?) that industries operating in a free market would police themselves from a standpoint of enlightened self-interest so as to not require regulatory intervention. But in case after case, industries have failed to do so.

Take the revelations about the US meat-packing industry in 1905 that led to the founding of the (precursor to) the FDA. Or the 1910 phosphorus match industry study that produced high taxes, forcing the industry to innovate a safer technology for their workers. When the harm done by an industry flying the free market banner outweighs the benefits of waiting for the unseen hand to remedy the situation, governments have acted and always will act.

You may not be of the opinion that there was a crisis in healthcare access (via premium inflation or underwriting restrictions). However, a sober survey of business articles from 2003 until the housing crisis shows that US health care costs were consistently cited as one of the top problems threatening the US economy.

When you consider the trend of US demographics going forward toward the next 30+ years, it becomes less surprising that the PPACA is the new FDA or SEC of our time.