Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Thursday, June 7, 2012

WI Win

When you see daily the government ceasing more and more power and attacking the Constitution it is easy to become cynical. The progressives as they continue to preach to the nation nightly that the things that made this nation great are evil, out of date, or no longer relevant to “today’s world.” The Left Stream Media constantly paints a progressive picture of the world as they ignore the hate and violence on the left but accuse conservative Americans for events that never occur.

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With so many factors—even with the Internet as a balance to the LSM—it is hard to stay positive. Any thinking American knows the obstacles faced by anyone who is reformed minded. There are huge Federal and bureaucracies. The public sector unions are very powerful and command giant war chest to protect their stranglehold on government workers and Democrat politicians. The incestuous relationship between the unions and Democrat party officials are legendary. Taking on these mostly corrupt and highly thuggish machines is enough to make a person concerned about winning such a battle depressed. When Obama took the Administration branch in 2009 and started his push for “card check” that would have, if passed, allowed forced unionization across the nation. The nations march to socialism at the least and communism at the worst seemed to be a predetermined fact.

Mr. Obama has had a near parade of union leaders through the White House, starting soon after his election. These close relationships with union leaders and his admitted preference for radicals, socialist, communists, and domestic terrorists are enough to understand that this man and his close advisors do not have the same ideas for the future of this nation. He and his advisories not only have been willing not let a crisis go to waste, but seem quite willing to create a crisis to exploit. This is not a recipe for a bright future and some of his policies may have damaged this nation forever.

His now revealed membership of the far left "New Party" shows his true goals of this country. Their connection with ACORN not only adds to the concerns that I have been fighting, but it also drives home how important the November elections are to the future of our republic. I understand how each and every citizen is to this fight. Although his ego seems to have caused him to not support the unions in their hour of need, I don’t believe he has abandoned his goals. He just knows that if he wants to maintain his seat of power, he can not openly support the unions with such a show of opposition. I’m sure that he believes that he will be able to obtain many of his goals, but only if he gets that second term. Who knows, he might think that he will be able to actually change the system so that he can get a third and fourth term. Maybe he thinks he can cease even more power and control. He has not been afraid to exceed his authority with Executive Orders and regulations.

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The results of the Wisconsin win this past Tuesday, along with the little watched ones in California, are enough to give honest freedom loving Americans hope. Over the past few decades labor unions have taken control of many local governments. Many partisans, labor leaders, and Democrat operatives will say that that assertion is false, but look at how much power these unions have obtained. This relationship is driving many cities, counties, and state governments into bankruptcy. The nation as a whole is near the edge of financial collapse due to crony capitalism and unchecked corruption.

Although I’m very pleased to see the people of Wisconsin winning some control back from a system that has raided treasuries across the country with wild abandonment one victory does not win the war. Because this is a war on the union thugs that are unafraid to use almost any means to win. These wins have wounded the unions, but they are now aware that they are fighting a much larger and important battle then they first thought. They will be fighting back as hard as they can to preserve the power they have enjoyed. Nothing is more dangerous then a wounded animal. The actions that those union supports took last year were those more like animals and less like reasonable people.

Don’t get me wrong. I am not so much anti-union as anti big union. When unions became larger than the businesses that they unionized they became big business. When unions openly began to openly support socialism and reject the capitalist system they became an enemy to the nation and the republic. When unions became a barrier between the people and their government they no longer served as a benefit to the nation. I am and have always been an opponent of public sector unions. There are many reasons why private sector unions came into existence and why they’ve lost their membership and political power. They over exceeded their relevance and out grew their needs. The unions have become too radical and too big to serve the average workers. They seem to only serve their national goals and the huge money that comes with their size.

Now is not the time to celebrate the win in Wisconsin too much. We must learn from the victory and understand the weaknesses of the public sector unions that have attacked our system of government, the free enterprise system, and the American way of life. The next election is too important to assume that we have won the day. We must not aim to destroy the unions, but we must curtail their power. We must find and remove the thugs from their ranks. We must take control of our nation and restore our republic by ending the creeping tyranny of the unions, the government, the Progressives, and the Democrat Party.

If we do not follow through on the lessons learned from June 5, 2012 this win will turn into a footnote in the history of the demise of the United States of America and our once grand republic. Moving forward to November is something that we must keep in mind. The Wisconsin win is one victory in a long battle. We can not throw it away.




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Sunday, April 22, 2012

Bless the GSA

There are just times when you have to thank people for doing what comes naturally. It has become fashionable these days for people on in the Left Stream Media to praise and preach the value of government control. Washington constantly declares that bigger is better, of course that only counts when they are talking about government agencies and their big donors. This is true when talking about everything from healthcare to taxes as those in government believe that they can solve any problem with a huge program spending billions of dollars. The sad part is that many Americans seem to believe this illogical concept.

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No one seems to believe this more than the current spender-in-chief, Barack Hussein Obama. His only plan to get anything done is to spend more money. He, and his willing accomplices in Congress, has spent so much money that they have outpaced every President. The reckless pace at which the government has grown endangers the nation as a whole. Bureaucracies are self feeding mechanisms and the federal system has been made even worst by the phenomenon of baseline budgeting which provides ever growing amounts of dollars to them. Since real budget cuts never really occur, then the various agencies and administrative organizations must find ways to spend all of that money.

One of the ways that much of that money is spent is through “empire building” among midlevel managers. They find ways to justify additional projects or expenditures to increase their head count and budgets. I’ve seen this in large companies and government agencies. In many cases the only way that a manager can further their career is by growing their department or program. With baseline budgeting they are not only fighting for an ever growing pool of money but many are finding creative ways to attract and spend those funds. This is the reason that bloated businesses and governments fail in the long run.

Logic and economics—not Keynesian economics—would point to economic activity creates wealth. No matter what the Socialist today say; Free Market Economics created freedom, liberty, and prosperity. Big government programs only create temporary activities but create obligations that can overwhelm the private sector due to the inefficiencies. Because bigger is not better for everything. Bigger is just naturally inefficient and not cost effective.

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So with all of that said it is no wonder that the General Services Administration (GSA) would see no problem with extravagant outings at major resorts. The idea that somehow these public servants saw no reason to think that they were wasting tax payer money is not surprising when you consider the resent attitude shown by other government workers. It is true that only one district—has so far—been found to be abusing the trust of the American people.

I believe in The US Constitution and the rights that are enumerated in it. I believe that everyone who is a citizen is protected from governmental abuse and persecution. Even Mr. Jeffrey Neely’s invocation of his Fifth Amendment rights should not be misconstrued but could point to some deep concerns about the possibility that more abuses will come to light. The abuses that have been made public should be a warning to all Americans.

As we move forward in this election year I have to say that this whole episode is a blessing. I can only hope that more Americans take the correct lesson that big government does not work. The Democrats and Obama Administration thinks that the only answer to any problem is bigger government. Look at their track record so far. The American Recovery and Reinvestment Act of 2009 is estimated to be valued at $831,000,000,000.00 which went to many failed projects and directed money to pet projects of the President. The President and his talking heads would want us to believe that without this massive spending the economy would be worst, but the full price of this mismanagement of funds is not full understood by most of us.

The nationalization of the health care system slowly moves forward and may be accelerated if the Supreme Court declares ObamaCare unconstitutional. The lies that told to get its passage was bad enough, but the biggest was the cost estimates that ignored reality. The Progressives believe that by creating a huge price controlling government entity will actually control the free market. So how they overlook the spending of over $1,000,000,000,000.00 to implement this grand scheme will save money. Joe Biden said at the beginning of the Barack Obama’s term that they could spend their way out of debt. This is not only verging on insanity, but shows a total disregard for reality and common sense.

As the government continues to nationalize more industries through regulations and other means there will be more and more wasting of taxpayer’s money. There must be a total rejection of this statist attitude and a return to our constitutional limited government. It is time to run the Socialist, Progressives, and Communist out of government. This will be a slow process which has started, but we can not lose sight of what we have lost. The abusive attitudes of those who have been charged with the duty of protecting our nation must not be forgotten. So I have to be thankful for our blessings and realize that one of the biggest is that those who do abuse the system are not immune to the scrutiny of the people. Now we must real in the abuses of the rest of this out of control government. So I bless the GSA for showing use the true nature of our government. I can not forgive them for their abuses, but I’m thankful that they were arrogant enough to believe that what they were above the law and would not be scrutinized.


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Thursday, March 15, 2012

Thoughts for Thursday 3-15-12

What the Fluke: If you are unaware of the Sandra Fluke affair then I must welcome you from your isolation. I for one hate to dive into women issues, but here I go. Call me old fashioned if you must, but I remember women calling other women who slept outside of marriage, with multiple partners, or just slept around the same word that Rush Limbaugh called Ms. Fluke. I keep hearing how vile that word is, and that it is degrading to woman, but I’ve heard young woman use that term with pride.


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I remember a waitress, from a few years back, who’s nickname was wh*re dog and she seemed to relish in it. I was shocked when I heard her called that by her coworkers—both male and female—call her that as I eat breakfast one morning. I thought we were in the days when women wanted to be treated like men. It seems to me that Ms. Fluke willing put herself up for public display and the Democrat party is playing this meaningless episode to the limits. I personally don’t care about the whole affair, other then the fact that once again the President and his Progressive Socialists allies have changed the subject. The point of this whole conversation is the President is violating the civil and Constitutional rights of all Americans with ObamaCare.

The idea that American women could be fooled by this pack of lies and half-truths is frightening. I have more faith in people up to a point. I still believe that the majority of the country still believes in some basic moral standards. I see the hate on the left of all that is good, moral, and decent and I know that this is not the time to take anything for granted. What we are seeing in this case is pure evil.

I did not hear the testimony of Ms. Fluke or all of the comments of Mr. Limbaugh, but I heard much of them. The idea that this proves that there is a “war on women” by the Republicans is laughable. The only war I see is the Democrat’s war on all Americans and our freedoms.

A shocking strategic release: Reuters reported today that the US and UK have agreed to release oil from the SPR (Strategic Petroleum Reserve) some time this summer—just in time for the elections—but it appears that the administration has denied the report. It would seem that this little leak was not supposed to happen. As Mr. Obama runs around the nation and talks about how supplies of oil will have no affect on gas prices, I have to wonder why he thinks the release of oil from the SPR will help.


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The sad truth to Mr. Obama’s ideas of how the world works is quaint. I’m sure that he really thinks that he can inspire another “moon shot” program that will create alternatives to petroleum for our energy needs. This is why he and his energy secretary get the idea that they must do everything to increase energy costs. He said so many times in the past, he has just recently (well since he wants to keep the fancy house, plane, and all the other perks that goes with being POTUS) realized the value of cheap energy. The idea has been around a long time: If energy cost goes up, then it would make the alternatives more attractive. Over time the cost of the alternatives would eventually come down in cost or the higher cost would be absorbed by the market.

The major problem with this elitist idea is that it is divorced from the reality of the lives of the majority of Americans. The prosperity that has marked the greatest improvements in the life of humans in the shortest amount of time in history has been fueled by cheap energy. Petroleum derivatives were first used to replace the use of whale oil for lighting. Over time it has become an intricate part of modern life. It is a natural product that is pumped out of the earth and refined and used for many different uses. According to many experts it will someday be depleted someday. When that day comes we will be forced to find replacements so we must continue to research alternatives, but there is no magic replacement as of today.

We must be realistic about our choices for energy. We must not be misled by an idealistic dreamer who believes that he can change the world overnight. Academic theories are just that; theories. It is easy to draw plans out, but another to deploy them. We cannot pin our hopes on pipe dreams. The government has a terrible record when it comes to picking winners and losers.

Voter Fraud: The same week that Pennsylvania’s governor signed into law a voter ID law, the DOJ blocked a similar bill in Texas. In addition the NAACP is asking the United Nations to look into these laws in the US. With the continuous cries of racism and voter intimidation from the Democrat Party it makes me wonder why they feel so comfortable with voter fraud? Could it be that they are not concerned about the Republicans, Tea Party, Constitution Party, or some other group stuffing the ballot boxes?

I’m really amazed that Democrats have embraced voter fraud as a major campaign issue. The idea that anyone can walk into a polling place and vote without any verification of identity makes no sense. The idea that anyone in this country who is involved enough in the system to vote would not have a form of ID is ludicrous. There can be no other reason for this stand against voter identification but the ability to stuff ballot boxes and steal elections or overturn results. This is a national disgrace. The Progressives who are now willing to attack the electoral system must be defeated.

The only thing more bizarre then the embrace of allowing unmonitored and uncontrolled voting is that countries that don’t allow free elections and discriminate decides the merits of our system. Is it not time for the NAACP to close their doors? It seems that the only reason they exist is to collect money and pay their employees. Beyond that their mission is to cause trouble to keep collecting dues.




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Monday, October 10, 2011

SOS

For years the military has served a breakfast item know to many a Solder, Sailor, Airman, and Marine, as “SOS or SHI*…eh...Stuff On a Shingle.” I've also heard it called Same Old SHI*...eh…Stuff. Of course most people should know that SOS is the international distress code. Well if ever the US needed to send out an SOS it is now. But what we don't need is the SOS that the President and his Progressive allies are giving us.

It has now been a month since the President started his reelection campaign with a heaping pile of SOS. I've waited a month to write anything about the President's plan.  As any veteran will tell you: There is nothing worst than warmed over SOS that is over 3 years old. But that is what the President wants. This new plan that he presented and tells us will fix all of our problems is nothing but his old plan using new terms and new spin. After waiting I realized that Obama's new plan is the same as the old plan.

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In his speech he talked about an American compact. He asked whether the government could do something to help the American Economy. He asked that the government can restore some of the “fairness and security that has defined this nation since our beginning.” That he was sending Congress “The American Jobs Act” that has everything paid for, and will cut taxes for all “working American” in half. He claimed that this bill will give a jolt to the economy and encourage business to invest and hire new workers. The President also promised more tax loopholes for businesses, when he said that businesses would be able to “write off” their investments.

The President then talked about more “investments” (spending) that could be done to “put American workers back to work” without saying that most of those tasks are the responsibility of the local and state governments. He once again talked about how they would better control the spending while saying that they would cut red tape to speed up the approval of projects. (Does Solyndra ring a bell?) He talked about a ladder out of poverty.

Over and over again he called his speech the “American’s Jobs Act.” He then said that the bill was paid for, as he passed the way to do it off to the future. He then launched into his standard class warfare talk while talked about reforming Medicare. Then he went back to class warfare just after he promised to give more loopholes to businesses. The majority of his speech was filled with the duplicity he is famous. He denies class warfare while attacking a whole class of Americans.

The President claims that he wants to create a climate that will make American more competitive. He wants companies to invest and help startup companies get off the ground, but he has done everything to discourage businesses to start or invest. While he talks about trade agreements, he has sent nothing to the Democrat controlled Senate for approval.

His entire campaign speech was an attack upon the American system. He continues to promise that he will cut regulations and wasted spending, while he has unelected czars sitting around writing new regulations. His Health and Human Services Secretary was given the task of writing thousands pages of healthcare regulations as part of ObamaCare.

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This man can not present a balanced picture and can not compromise. His view is a all or nothing view, his way or the highway. (Of course that highway must be paved with Federal money.) He still plays upon the fears of the uninformed. He refuses to admit that regulations hurt business. That the government cannot cure poverty, spend the nation into prosperity, or eliminate risk and make everyone equal.

After his highly hyped and staged reelection kick off speech before a joint session of Congress, the President started a series of speeches telling the American people to demand that “Congress pass his bill.” The only problem with this demand was that at the time there was not a bill only a speech. It took him over a week to present a bill. As of this writing there are no Democrats in Congress that have sponsored the bill. While he still demands that Congress pass the bill and the DNC is running commercials claiming that the Presidents plan is the cure all and should be passed, not one Democrat in Congress is willing to put it up for a vote.

So this “new plan” from Mr. Obama is nothing more than the old plan reheated and served on a new plate with new names. In the time that has passed this speech has become just another rehash of his old plan of more tax and spending. He wants to spend more money on green and shovel ready jobs, have targeted tax credits, continue to pay people to not work, raise the Capital Gains Taxes, and punish the “rich.” But we’ve seen through the Solyndra mess that stimulus money hurriedly spent on so called green jobs only waste money.

It is clear that many who collect unemployment really need the help, but that far too many abuse it, while those out of work for too long become disconnected from work. Employers need people to do work not just draw pay checks. A healthy company needs every employee to make more money for the business then the cost of their employment. Without profits there will be no companies, no jobs, and no tax revenues.

Mr. Obama knows that raising the Capital Gains Tax will lower revenues to the treasury, but his sense of “fairness” tells him that raising the rate would be good for his reelection chances. He is depending on dividing and conquering tactics. He still thinks that as long as one person has more that another, that the nation as a whole is unfair. His Socialist ideals will not allow him to really understand that the Federal Government did not make this country great. Or that the government can not spend its way out of debt. He still thinks that the same old plan will work and that bigger is better as long as it is the government is bigger.

Tax credits don’t work. They are not tax cuts, but only targeted spending. Too many times these tax credits only open up new ways to defraud the government or redirect money that would be better spent in other areas. The idea that small businesses (who the Obama says create the majority of jobs) can create new jobs based only on a $1500 tax credit is beyond belief. Mr. Obama tells us to do the math, well it appears that he has a problem with math. No one with any business sense is going to create a job, even at minimum wage, that will cost the business at over $20,000.00 to get a $1500 a tax credit. Sure there will be a few examples of die hard supporters that will create token jobs to allow bragging rights, but this is just bad business.

Will the American people once again be able to stomach this attempt to impoverish the nation through his ideas of fairness and wealth redistribution? Will the uninformed in this nation once again fall for a speech full of contradictions and empty promises? Will the Socialist, Marxist, and Communist in this nation gain even a greater foothold? Will our Constitutional Government fall into anarchy with the collapse from this uncontrolled spending and crony Capitalistic/Socialistic leadership in Washington? Is it too late to save our nation? The Progressives have complete many of the things that they needed to collapse the system. We must work to defend our Constitution and throw out the corruption in Washington. I don't believe that sending out an SOS will get us much help from the rest of the world.



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Wednesday, July 20, 2011

Fighting Back

What do you believe? Who do you trust? Do you trust someone who will not defend themselves? Do you trust someone who is unable or unwilling to defend their beliefs? Do you trust a person that stands by while others misrepresent their positions? I know that it makes it hard to support someone when they don’t respond to misrepresentations, half-truths and outright lies. When someone allows someone to do this, then the average person is going to believe the lie.

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During the 80’s and 90’s ever time anyone talked about are tried to put limits on the out of control spending in Washington, they would be accused of terrible things by the Democrats or their surrogates. The media would then play the charge that “the Republicans wanted to starve granny, or kill the homeless” or some other charges. When there is an attempt to bring sanity to Washington spending, they are call extremist. The problem with what they are saying is that each time it is said; they are attacking people who are intelligent enough to know that this uncontrolled spending would one day destroy the country. Each time the Republicans ignored or failed to defend their position, it only seems to say; that they did not really believe in what they are saying and doing.

For far too many years the political leaders in Washington have engaged in the practice of buying voters with borrowed money. At the same time many voters feel disenfranchised due to these types of actions. We are told what we want to hear and then are betrayed. Whether it’s another “stimulus” bill which goes to pay off political supports or TARP, I feel and it seems that many other American feel as if they are stabbed in the back. We watch as Washington continues to rob the country of our wealth and freedoms. As Washington continues to overstep their constitutional limits and marches the nation into financial disaster, many feel alone and powerless. As proof I only have to point to the Congressional approval ratings.

But all is not lost. The rise of the TEA Party is shaking up the “powers that be” and brought in some new faces to Congress. There are some really principled people that stepped up and are working toward the goal of returning our government back to “We the People.” But we still face many leaders in the Republican party that are politicians first, Americans last. These Progressive Republican’s goals are the same as the Progressive Democrats. They just want the “credit” for spending the money. Those days must end by purging the Progressives out of power.

We must send more constitutional representatives the capital. It is not too late to find or to stand up for the country. You are not alone. The so-called “Main Stream Media” does not represent the main stream view. It is time to make sure that we have people who really believe in the Constitution, including our political and economic system.

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We need more people like Allen West in Congress, who is not afraid to fight back when attacked. There is no doubt that he was not attacked, even if not by name. It is clear who she was attacking and she has not and could not truthfully deny it. It is time to be a little over the top. It is time to make the Progressives true victims of defeat. It is time to point out that there is no plan for prosperity on the Progressive side. Congresswoman Debbie Wasserman Schultz is a despicable person and I applaud him for fighting back against the demagoguery of the serious issues facing this nation. Wasserman Schultz was not expecting to be called on her attack.

The Democrat party has allowed the current crisis to fester. They are the ones who failed to even present a budget for this year. They are the ones who passed a bill designed to take control of the American healthcare system, against the well of the American people. They are the ones who are spending trillions of dollars to payoff political supporters and the labor unions. Their party is actively attacking the Constitution by refusing to enforce the nation’s borders. The Progressives in our government answers are to: Loot the treasury, divide the people with the use of class warfare, and destroy prosperity.

The Progressive Socialist must be defeated. To accomplish this we must have people who believe in this country and its foundation. Those who stand for the status quo must be removed from the government and replaced with those who will defend the nation. If we fail to save our Constitution and allow the government to continue to spend with no limits there will be no more freedom. We will leave nothing but slavery to those who follow us. I only pray that there are enough people left in this country that understand the reality of what is being done to this nation and that our freedoms are on the line.



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Thursday, December 2, 2010

Follow Up for Friday 12-3-10

Issues over Solutions
Once again the Democrats choose to keep an issue instead of providing a solution. After refusing to bring to a vote the Obama tax increases, the START treaty, a budget, an extension of the debt limit, and other bills, they continue their inaction. They are sure that they can depend on the Left Stream Media to parrot the Democrat talking points and blame everything on the Republicans. Like many Americans I know that the Republicans are responsible for trying to outspend the Democrats far too many times. Both parties are to blame for the problems of the nation, but the Democrats have controlled the majority of the government much longer than the Republicans. They’ve controlled the media since it was created. So I have no problem with setting the blame at their feet for the majority of the problems with this country. It has been their big government policies that created this giant out of control that is crushing the individual and the nation.

The Democrats must feel that many American will believe that all the problems in the world are the fault of the Republicans and the TEA Party. They may succeed in taking Congress back with a fresh new set of Progressives in 2012 if enough Americans believe what they are told, not what they see.

For too long our elected officials have used the system to manipulate the opinion of Americans who don’t follow politics. Currently CNN, MSNBC, NBC, CBS, and ABC News are all using the same phrase feed to them by the Democrat Party. They are all saying that the “Republicans are holding the middle class hostage.” Isn’t it amazing that they always take the side of one party over the other? Wouldn’t it be nice to see some honest reporting from someone, anyone, even Fox News on how Capitalism works? It would be nice to see an honest explanation of why we should not be dividing the population of this country at such a time. The thing that is really being held hostage is the American economy.

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With the maneuver that the house pulled on Thursday, it is certain that taxes will be raised upon all American. This was the goal of the Speaker of the House. Expect to see the “News” Media to spin (read lie) this into saying that the Democrats where determined to pass a tax cut for the Middle Class, but those darn Republicans were more interested in eating new born babies. They do not want to solve problems. They’re sure that the only way that they can gain absolute control of the American people is by crushing the economy and make more people dependent on the government. They can only do this with issues not solutions. Remember that this is not about tax cuts, but tax rates.

The outgoing Speaker of the House
Listening to Nancy Pelosi and President Obama talk about economics makes me wonder which has the higher economic intellect him, her, or a house plant. I’m betting on the house plant. They both have said too many idiotic things to repeat in the space provided, but the latest is saying that “unemployment checks are the best stimulus for the economy.” If you don’t understand why I consider that such a statement is a sure sign of brain damage, then you don’t understand basic economics.

Economic growth comes from the creation of material wealth. By paying people to not work you are actually destroying wealth. When you work you are providing a service or product, that is needed by others and thereby adding to society. If you sit at home and provide nothing to society you are not part of the economy. If you sit at home and collect money from the government then you are removing from the economy. Every dollar that an unemployed person spends is worth less and devalues all dollars because that dollar was removed from circulation among people who are created value by participating and providing to the overall growth of the economy. Just spending money without providing services that support the overall economic health of the country sets back the economy. It does not create growth, since growth comes from the work and efforts that supports the system, not simply the consumption of resources.

What makes this situation even worse is that with the national debt and deficit spending the dollar being sent to the unemployed has been borrowed and must be paid back with interest. There are very good reasons to help people that are down on there luck but hand outs encourage people who might do otherwise to not reenter the economy.

Of course President Obama has never created a private sector job, but he sure has done a great job of destroying them. As far as Nancy Pelosi I can’t say if she has ever created a private sector job, but she has spent too much time in Washington. But I don’t think she is worried about being unemployed any time soon.

The New Gasoline and Coal Power Chevy Volt
There are too new coal powered cars coming to market. The Chevy Volt and the Nissan Leaf will soon be available nationwide. Well they will also have a gasoline engine and some of them will be nuclear powered. But most will burn coal. The government decided that it would be more “green” to burn coal than to burn gas. All of this time the government has be against the burning of coal but they have pushed the auto makers into the arms on the coal industry.

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Well the cars will not be actually burning coal. They will be running off of electricity that is generated by coal. Since Government Motors and Nissan will be selling these cars nationwide and coal is the most common source for electricity, then every time one of them is plugged into the power grid the power will be coming from coal. I guess the government is saying that coal is clean energy.

The Obama Dog and Pony Show Part 2
This week Obama called for the soon to be new leaders of Congress so that he could set the agenda for the New Year. Remember the last time he held this type of meeting? The one and only time the opposition party was allowed to look as if they had input into the Health Deform Bill. I remember how he spent most of the meeting talking and no time listening. But claimed and support by such partisan fools as Ed Schultz that the whole process had been open and public. Well I was not in this meeting and I suspect that this was another attempt to disregard or subvert the will of the American people. Did I hear him say “yes we can?”

Friday, November 19, 2010

Follow up for Friday 11/19/2010

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Terrorist 1, US 0

Well this week it seems the government came close to their goal of setting a terrorist free. I know that the AG promised the American people an execution, but with his track record of snatching defeat from the jaws of victory you have to wonder about their true goals. These are the people who want us to believe that they are totally committed to the protection of the American people while condoning voter intimidation. The President, while doing an interview targeted at Foreign Nationals, declared that the American people were enemies. His Administration has sued the State of Arizona to protect those Foreign Nationals who continue to invade our country with little fear.

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So why should this prosecution of a person, arrested on a battlefield by soldier not police officers, face trial in a civilian court? This whole idea says to me that they expected him to be released. Why else would an officer of the court and the top prosecutor of the United States attempt to poison the jury pool by declaring that he would be executed before his trial? In civilian court there is this thing known as “innocent until proven guilty.” But it appears that the Department of Justice has become a political tool of the Democrat Party and the Obama Administration. The idea of equal justice for all must be restored to the citizens of this country and our rights do not extend to non-citizens and terrorist.

Ben Bernanke Captains QE2 Forward

Captain Bernanke defended the monetizing of the debt this week. It seems that the idea is to lower the value of the dollar to lower interest rates. Since interest rates are near zero you need to understand that it is not the interest rate that they are lowering. It is the effective rate. That means that as they lower the value of the dollar it is easier to repay our foreign debt, since the exchange rate changes. No matter how they paint this action, it will inflate the cost of all imports. It will cause a trade war if they continue it. It will lower the standard of living for all Americans and damage the entire world.

Instead of admitting that we must reduce spending and institute rational tax policies, the Democrats are only interested in class warfare and crashing the American economy. They continue policies that history has shown are suicide for a nation. They seem to think that they are smarter and can somehow repeat the mistakes of the past and get another outcome. That is the clinical definition of insanity. But steaming full speed ahead through a field of icebergs is not a sane act. At least the Titanic attempted turn away not ignore the iceberg, while assuming that they can go through it with no damage.





©2010 Pedro Sykes - Some Rights Reserved



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Thursday, November 18, 2010

Thoughts for Thursday - 11/18/10

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Strange behavior for the Democrats?

In a triumphant return to Washington the Democrat party celebrated their amazing victory on Election Day. It now appears that Nancy “Leader for Life” Pelosi received her reward for leading her party to a stunning turnaround for the Progressives in Congress. By purging their ranks of non-believers they can now use their super majority… Well they can use their unity to… Well they can use their time tested ideas to… But with their overwhelming support from the American people… Anyway they showed that they listened and now understand… OK it may be possible that they didn’t learn anything from the mid-term election. The next Congress will be very interesting. I wonder if they will be able to stop all of the bills from passing the house like they claimed the last minority party seemed to be able to do.

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I think it is amazing that the former Speaker will continue to serve in a leadership position with no apparent lose of stature due to the historic loses that her party suffered. I have to assume that something occurred during that super secret “party” held before her election to Minority Leader. It must have been an interesting party. I’m thinking naked and other compromising pictures were threatened. Of course I wasn’t there, but what else would have caused her fellow elected representatives to make such an unexplainable decision. Of course they have a plan. I’m interested to see what it is, but with the lack of morals and loyalty to the country that have been shown during their rule, I fear it will be bad for the nation.

I wonder if Nancy will take another victory lap around the Capital Building? With her giant gavel of course.

Icebergs and the QE2

This week the Treasury announced QE2. Now it seems that the Fed Chair or the Secretary of the Treasury swore under oath to Congress that they would not monetize the debt, but it seems that they found another answer. They are going to perform a Quantified Easing. Since this is apparently the second one, it is being called QE2. I don’t remember hearing an announcement of when QE1 occurred, but I think that it must have occurred in the last 2 years.

Of course my first thought when I heard QE2 was the luxury liner. Which reminded me of the story of the famous maiden voyage of the Titanic, steaming full speed ahead crossing the North Atlantic with no thought of the disaster for which they were headed, came to mind. It is very clear that no one in the current Administration understands the path that they have set us upon. At least I hope that they are just ignorant, but it seems that it is becoming clear that they understand that this is a path of total destruction for the nation.

To see what happens when a country monetizes their debt, just look at Zimbabwe. It could be that our brain trust in Washington, really believe that they can borrow and spend our way out of debt through hyper-inflation. They’ve already shown that they are more then willing to screw bond and stockholders. But they need to realize that screwing over the Chinese is not going to be as easy as it was to give the General Motor’s bond and stockholders the boot. For one thing the Chinese have a very large army. Setting the army aside for a minute, there is also the fact that many of the manufactured good that we depend upon are now made in China. If Washington really thinks that we can buy back the bonds they are holding with a pile of Monopoly money, they might really need to reconsider such a course of action. Of course hyper-inflation will destroy the lives of millions of Americans. So do you really think that the Democrats are looking out for the average citizen? Well they often say that they are looking out for the poor. If they continue on this path they will be looking out for all of us.

Now you may be asking: What is a Quantified Easing? Well it is when the treasury prints money and then buys US Treasury Bonds. To the novice this may sound a lot like “monetizing the debt” and you would be correct, their just calling it a “Quantified Easing.” So really what is the difference? Well if it were me or you I would say 5 to 10 year in prison for lying to Congress.


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