Archive for the ‘Uncategorized’ Category

« Older Entries

Elections in the Netherlands

Sunday, May 2nd, 2010

Dear Friends,

It seems to me, that with elections coming up in the Netherlands in June, it would be wise for the people to look at all options. Libertarian ideas like the International Capitalist Party especially.

The socialists and communists call themselves center left and anyone else far right. With control of the media and mass entertainment the Elite has quite a lot of control of trends in thought. The Elite always use their power to enhance their power. They do not want any populist movement to get under way. Especially a movement that espouses liberty and freedom from government intrusion.

Government intrusion is what socialists, communists and progressives do best. They intrude into yours and my lives. They look deeply into our ways of living and if they are displeased… They pass a law. Forbidding or taxing to penalize to stop our displeasing behavior.

I am not surprised that anyone in Europe who wants to install some sane control on immigration is vilified as a hater. They must hate or else they would let unlimited immigration. This is only an underhanded way of stopping debate. Debate over a very important subject.

Like the guy who cajoles another guy into putting a gun in his mouth and pulling the trigger. “Go ahead, we have all done it, you want to fit in don’t you? There is only a one in six chance the gun will go off. Go ahead, it will be the thrill of your life.” Yea, go ahead. Does that seem smart to you? Where is the upside to the bet? There is none. The payoff is proof that you are stupid or the bill is death. Where is the payoff?

With Greece poised to collapse financially, the Euro Dollar is poised to take a large hit, then the entire Euro zone’s economies are imperiled. The default of Greece would certainly bring one of the other piigs nations into the spotlight. The pattern has already shown itself in the collapse of Bear Stearns… If They fall like dominos the Euro Dollar as a store of value will be destroyed. At least for awhile. This puts every nation that participates in the Euro Dollar in a perilous position.

More loans to Greece are completely absurd. Raising taxes is almost as foolish. The only way is to cut spending by the Greek government. Cut in a draconian way. Draco was Athenian so…

Another way the Greek government could get the economy going is to, clean up the government, reduce regulation on small business, improve revenue streams to people who want to start small companies, sell national utilities, etc… In short, everything the Greek government cannot do with the large communist and socialist contingent it is burdened with.

Raising taxes slows the economy and puts the Greek economy in a further diminished position. In the world markets but especially the local European markets. The Greek relative advantage will go down worsening the unemployment situation.

But unfortunately the people of the Netherlands have had their horses tied to not only to the Greek wagon, but to Spain‘s, Italy‘s, Ireland’s and Portugal’s as well. Further integration into the Euro zone should be thought out very well and taken very slowly. The crisis we have been discussing is a very bright red flag.

National sovereignty is important for the fact that it gives a multitude of political classrooms to show what works and what doesn’t. Communists, socialists and progressives cannot abide the system they espouse standing up against a capitalist one. The standard of living in the capitalist one outshines the statist vision by orders of magnitude. Let alone the standard of freedom that capitalist nations afford their people.

Freedom is a critical step in a person climbing to his or her potential. Missing rungs in the ladder are only a challenge. No ladder at all is insurmountable.

Tags: , ,
Posted in Uncategorized | No Comments »

Europe and the New World Order

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that Europe is in grave peril. The threat comes from many fronts. Not the least of which is their economic situation.

While the rest of the world is coming out of the recession Europe trails behind. Germany and France are doing most of the heavy lifting but they cannot sustain the social welfare loads of the whole of Europe. The communists and socialists that run Europe will not stand for any diminishments. (Of their power).

Social welfare spending is directly correlated with the power of the State. State power rises as social welfare spending rises. Because as people move from self sufficiency to government dependence they loose their autonomy to make decisions effecting the State. As I have stated many times, in many ways, a dependant has no effective voice. Dependants necessarily take what they are given.

But being a dependant of the State has no upside. There is no long term payoff. Except more dependency. The threat of hunger is always at the door if the State stops providing. There is no way to move up in the social hierarchy. And people who are dependant on the State feel low class. This opens society for many of the ills it has today.

Like crime. When a person has his or her ego damaged they lash out. Making a person a dependant on the State is a slap, followed by spittle, in their face. Regardless of the intentions of the person handing out the largess. Insults are never taken well… even when they are unintended… or are they?

The social welfare state that the European socialists have built is crushing their economies. The weight is a millstone around their necks. The European recovery is thus dragged down by the weight of government taxing and spending.

Germany and France make up for this loss in productivity by subsidizing investment in the means of production. But as in all government subsidies the lion’s share goes to large well established companies at cost to smaller more innovative companies. Hewing the smaller trees to let the big ones grow bigger. But eventually all trees die. With no small trees what will fill the canopy?

Government taxation sops up available capital that could be better used to improve productivity. There are many ways to improve productivity but government has only one avenue.

Open up transportation infrastructure. The mass transit system in Europe is a girdling root. It locks the European economy into the train schedule. This may seem on the outside to be a minor nuisance but it’s effects are pernicious.

If a business can work most efficiently at a schedule that does no coincide with the train it must put it’s workers at a disadvantage to get to work or it must work in a time frame that is not as efficient. In a global marketplace that company is now at a disadvantage to other companies in other nations that are not hamstrung by mass transit schedules.

It is a feature of people who live close together that they are willing to give up more of their liberties to protect themselves from other people. Some cities have ordinances against owning dogs. Some dogs bark incessantly and infringe on the rights of adjacent people. They argue that dogs are a nuisance and cannot be tolerated in such close quarters. Etc…

This is acceptable on a local level because conditions may make such an ordinance acceptable to the people in that locality. But when people from this locality become the national government they will bring their anti dog prejudice to the national stage. The rest of the country may love and revere dogs. But the Elite will none the less ban them. In doing so feel that they are doing a great service to the nation. This local prejudice on a national stage has the effect of creating more friction for the economy to push against.

Europe suffers under this type of pressure as well. The people who run the national governments are from the large metropolitan areas. They have the mindset of people who are used to living in close quarters. This mindset is displayed in their actions in the various parliaments and houses by their tight grip on control.

These are only a few of the burdens that Europe is suffering from. Europeans should read the history of the ancient Egyptians and the Hyksos… It may be enlightening.

Posted in Uncategorized | No Comments »

Wall Street Bonuses

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that one of the ways a person gets rich in government, is to create a problem, announce that there is a problem, then claim it is only government that can solve the problem.

The big investment banks have announced their earnings. They have earned enough so that, when Goldman Sachs pays it’s employees 43% of the quarterly earnings, it will amount to around $500,000.00. So we can extrapolate that if $500,000.00 is 43% of each employee’s total value to the company, in that quarter, they produced $1,162,790.00, in that quarter. That is a lot of production.

“They have a printing press in their basement and all they do all day is coin money”- from Bloomberg radio, referring to Goldman Sachs. But whenever a company produces so much profit it’s a red flag. To produce this much profit with so few employees the environment the company exists in must be tempered by government. Or it is a monopoly.

If a company is not a monopoly it cannot charge monopoly prices. Unless there is some strain on the market’s ability to provide the good or in this case service. Because without constraint on supply, from somewhere, others would jump into the market and undercut the monopoly profit forcing the older companies to lower their profit margins to compete. If there were “perfect competition” in that market companies would post very little profit.

The way companies like Goldman Sachs and Morgan Stanly keep competition, especially perfect competition, from lowering their profit margins, is to pay lawmakers to pass laws that limit entry into their markets. Cutting the small trees so the big trees can grow bigger. The bigger the trees the more shade for lawmakers.

Now our lawmakers are rattling their swords over the huge bonus’s that Investment Banks are paying their employees. The government will not stand for it! The rhetoric from ours and other governments borders on vitriol. But one thing we have stressed in our blogs and bbs posts is that it is foolish to look at what a politician says. It is always a lie. Look at the politician’s actions. They show the reality of the who the politician is.

In this case what do we have for evidence… Well, if lawmakers were serious, the people in the crosshairs would certainly fund the opposition to get a better chance. But we see that the democrats have almost exclusively gotten Big investment bank money. In fact Obama refuses to give back the million of dirty money he got from Goldman.

What action do we see on the regulation front? Rhetoric. Nothing but empty words. The threatened regulation will put a clamp on big fat bonuses. But how? The only plan I have heard about is to tax big banks and investment houses at a sliding scale depending on the bonuses they hand out. But let’s think about it for a moment.

Would you argue that an auto mechanic should not get 43% of his production back as pay and benefits? How about a factory worker? In fact a contractor is lucky to make 10% on a laborer let alone 57%. If he did, communists, socialists and progressives would be saying the contractor was exploiting the worker. But the worker at an investment bank is not exploited when the bank he works for gets 57% of his production? Moreover, is it good public policy and right use of government power to determine the rate at which an employee of a private firm gets paid?

No, the real problem is that government coddles and protects the Wall Street Elites as members in the club. Remember the “Bailouts.” When government basically gives you money to loan, free, and you loan it dearly, a simpleton can make a profit like that. But what does it say about Government Elite and Wall Street Elite?

They are both complicit. They are two nuts from the same burr. Corruption in government and on Wall Street have joined to protect both by vilifying one while under the table government cannot give the Wall Street Elite enough money, special regulations and favorable business climate. Look at the actions… NOT their words. No one, intentionally, drops their toast on the ground butter side down…

Government creates the problem of not allowing the market, (in this case investment banking), elasticity to increase the supply of this type of service. Then market forces drive up the profits of the companies that government gives the franchise to. Government decries the bonuses (profits), thus tapping into public anger over the exorbitant profits of that industry. This allows government to fund the corruption, use the corruption to get elected, and get campaign funding from the corrupt actors… What a deal!

The best part, is that the argument for government keeping others out of Goldman Sachs markets, is that customers might get ripped off by shady characters…

Tags:
Posted in Uncategorized | No Comments »

Addiction to Spending

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that if a person has a problem with an addiction the best answer is not to open up the supply to his or her drug. A heroin addict for example. Is it in his best interests to have unlimited supply to heroin? Of course, it is true, that an unlimited free supply would alleviate the financial problems related to uncontrolled heroin use. But there are other negative results of unrestrained heroin use that would be exacerbated by unlimited access.

Lets take another example. A person who is addicted to gambling. Would it be in his or her best interests to give that person unlimited access to credit? Is it possible that unlimited access to credit could possibly not be in the person’s best interests?

If you had a friend who bought some foodstuff to extreme. Say… meat. They spent every penny on meat. So much so that almost all of it spoiled. They bought so much meat that they went into deep debt. You intervene and say, “stop buying so much meat, it is bankrupting you.” But they reply, “But I have to eat.” Then borrow money to buy more meat to replace the meat that has recently spoiled. Would you secure a loan for 60 billion dollars of credit? Would that really solve their problem? What if they promised not to buy so much meat. Would that make you feel secure enough to co sign a loan with them?

This is exactly what Greece is doing. Some government is necessary to prevent chaos. Or the perpetual state of warfare man versus man. But socialists, communists and progressives cannot see an end to the growth of government. When you try to argue that they have bought so much most is going bad they react as if you want to chose the doors of parliament. Striking and calling for the continued unlimited growth of government.

Communists and socialist have weekly general strikes. Shutting down society and lowering Greece’s GDP. They have no remorse about lowering the lot of the Greek citizen to advance their aims. The only thing that makes them toss at night is the thought of a baby escaping the abortionists knife.

In this instance does it make sense to cosign on a loan to Greece for $60 billion dollars? Does this really make sense to you? They have a problem with spending… not revenue. If their revenue is hurting they have only to look in the mirror to see the culprit. They have no one to blame but themselves for building such a burdensome State. A State so heavy that crushes the economy it rides on.

Giving Greece that money is no different than dropping atomic bombs on Greece. At least that would be quicker. Giving the heroin addict unlimited access to heroin will only kill him slowly and painfully.

But the European socialist States cannot allow Greece to fail. Greece’s failure would be their failure. Greece is on the same road the Elite in Europe and America have put us on. Greece is just one or two stops down the line. We will be there before you know it. When we do…

People will lament, ‘how could this possibly have happened?’ Ignoring the lessons of Greece, FDR’s America, and the Stagflation Jimmy Carter and the Democrats visited on the USA in the late 1970’s, etc…. Lessons unlearned must be taught again, and again and again… if necessary.

Nature is as unforgiving as she is predictable. Let go of a ball and it will fall. To lament that it does so is foolish and childish. Children stop and carry on when they stub their toe… then do it again the next time they pass that way. Adults say ‘ouch,’ note the danger, and move on.

Hopefully our enlightened economists and lawgivers will learn the lesson this time… But I am not hopeful.

Tags: ,
Posted in Uncategorized | No Comments »

Rational Maximisers

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that most people are rational maximizes. But there are a few who are not. Zealots, tyrants (who and sociopaths) are not.

When we are dealing with an average person we are dealing with a rational maximizer. A rational maximizer is a person who rationally adds up the pros and cons of a given purchase, decision or action, and chooses according to the outcome of the equation…. Maximizing the benefit to him or herself. This is the way economists think of people.

Once we know we are dealing with a rational maximizer we know there are bridges they will not cross. We also know they seek to get the most from any transaction we have with them… Consciously or unconsciously. There is a pattern to their actions and decisions that we can have some comfort in. They are rational…

However when dealing with a person who is not a rational maximizer we are in a tenuous position. We have no reference points. They are capable of unthinkable actions… But is it their fault if we deal with them as rational maximizers… or is it ours?

Take for example North Korea. It is plain that Kim is a sociopath. All tyrants are sociopaths. It is a necessary attribute of being a tyrant. So when Clinton, Bush, or Obama deal with him as a rational maximizer they are being foolish. Kim doesn’t fear sanctions. Sanction only hurt the proletariat. They are expendable. Kim gets what he wants regardless of sanctions.

He now wields nuclear tipped missiles. He has nuclear bombs for his bombers. Regardless of all the sanctions and all the saber rattling. Today he is churning them out as fast as he can. He even has press releases about it.

So our leaders have dealt with a non rational maximizer like he was a rational maximizer. To their (and our) folly. Now a sociopath has atomic bombs to threaten the World with. That he is dieing is a hope. But look at Bashir of Syria. He was an ophthalmologist in Britain when his father and brother, (who was heir to the throne) died. Now Bashir is as much a tyrant as was his father. The machinery still works… even after the creator has died.

So even if Kim dies we are not out of the woods. His kid may be better or he may be worse. With atomic bombs in the mix we are in far more peril from the question.

Now take Iran. They are chugging away at getting the enriched uranium to build a bomb. The Elite in Iran are zealots. They have shown their true colors in the way they handled the riots after the rigged elections. The government even intimidated Iranian citizens outside the country by threatening their relatives inside the country.

Almost every day the Iranian Regime calls for the annihilation of Israel. The Iranian regime even claims it will wipe Israel from the map. In no uncertain words. There is no question about the threat, who it is aimed at, and who the victims will be. The explicit threat is at Israel, Europe and the US. The implicit threat is to Saudi Arabia, China, Russia and India. The victims will be everyone who needs to breath. Radioactive dust will fill the air. Imagine a nuclear exchange between Israel and Iran.

The crude weapons the Iranians would launch would produce a mighty cloud of radioactive isotopes. A cloud that would then rain down on everyone on the planet. What fun. Much of the worlds oil supply would be contaminated with radioactivity. Even if the oil in the ground remained untouched the fallout so close to the exchange would contaminate the wells and related hardware. Not to mention the gut wrenching loss of human life.

We know where the road ends. We know who we are dealing with…

Why is it that our leaders keep pretending they are dealing with rational optimizers?

Tags: ,
Posted in Uncategorized | No Comments »

Real Font of Economic Growth

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that the real source of growth in any economy is the small startup company. These companies hire most of the workers in an economy. They drive most of the innovation and they reseed themselves.

Take a forest. When the trees are fully mature we say the forest is old growth. Most of the flora are extremely large trees overshadowing everything else. Unless some disturbance comes along to break up the canopy they will continue to dominate.

When large mature stands of trees flourish they do so at others expense. Old growth forest cannot sustain as much fauna as growing forest. They provide food only in certain seasons. There is necessarily less diversity in the flora. It is dominated by large mature trees. Beautiful to look at and majestic to behold but almost a desert.

Disturb the old growth however and you introduce a plethora of new flora and fauna. Diversity explodes. Fringe animals like deer move in. Everything from berries to apple trees can only exist in disturbed forests.

Lets apply this to the economy…

When government protects old mature companies it does so at cost to small entrepreneurial companies. Since old mature companies tend to have flat hiring curves they are poor generators of jobs. The jobs they do provide are usually well paid jobs. Being mature companies.

Here is one of the rubs. It is counter intuitive for government to allow well paid jobs in mature companies to churn into smaller less well paid jobs. But that “creative destruction” is what allows a fleet footed economy to thrive in any condition.

When the economic landscape is dominated by large mature companies there is little innovation. Less diversity in thought. But the beauty of small companies is that the decision making is spread out among many players. The more decision makers the better. As more people are brought into the decision making process, necessarily, people that would not be looked at if the demand for decision makers was so high will be chosen.

These people are the ones who usually come up with the grand slam ideas. Of course they also strike out much more than they hit homers. But that is another of the advantageous of distributed decision making. Risk is distributed as well. Too big to fail is never in the equation.

How can a nation apply this thought to their economy?

By starting at the top and cleaning government of corruption. Government corruption is the biggest source of friction to an economy there is. Every type of government corruption from simple graft in licensing to bribing Senators has a corrosive effect on an economy. For an economy to work efficiently people must have some level of trust in one another. Government corruption undermines that. See NUMA.

Every impediment to starting a business should be ironed out. Nothing should stand in the way of risk takers in starting a business. Impediments like licensing and regulation should be scrutinized carefully. Eliminated where they can be, without undue risk to public safety, and streamlined at the very least.

People should know about government’s attitude to business and starting one. Give the public an interest in business. Foster an appreciation for businesses in the people. If people see the government promoting business they will be more inclined to start one. If they have no interest they will be disinterested.

International trade should liberalized. Every economic study that has ever been done on the subject shows unambiguously, that increasing trade leads to increasing economic development. To continue to slow trade with tariffs and regulation is like tying your legs together and being outraged that someone else can run faster.

Don’t worry about international aid. Get people working on their own. No one needed international aid until it was invented. Everyone got along. Some better and some worse. But since the invention of international aid the countries that have taken it have seen their GDP per individual go down. Not a good sign that aid bears good fruit…

Protect property rights. The greater the protection of all property rights government provides the faster the economic growth. Why build wealth when some elite will take it if he becomes jealous?

There are many other ways a nation can build an entrepreneurial ethos in it’s people. They all involve lowering impediments to starting a business. There are many that I am far too dull to think of. You on the other hand…

Of course all poor countries do the exact opposite of these things. Of all things to do to drag down the economy it is of the utmost importance not to vilify business and especially small business. Fear in the people crushes entrepreneurial sprite like water quenches flame.

Tags: ,
Posted in Uncategorized | No Comments »

Value Added Tax

Sunday, May 2nd, 2010

Dear Friends,

It seems to me this idea about instituting a value added tax in the US is insane. The economic recovery is shaky at best and may be faltering. To add more tax burden to the American citizen is a recipe for disaster.

2011 will amount to the biggest tax increase in history when the Bush tax cuts expire. The marginal tax rate for almost everyone will go up. Not to mention the taxes the new healthcare law will institute over the next five years. The tax burden of the American citizen will go up at an unprecedented rate.

While at the same time we productive citizens, who pays taxes, have seen our income go down. We have witnessed our ability to change jobs or simply get a job evaporate and we are poised to go into a huge inflationary cycle, (especially when it comes to energy). Raising taxes will only further denude us of the largess to fund any possible economic recovery.

Small business is the main driver of job growth anywhere. We see empirically that where there are road blocks to getting into business there is less economic growth. The more impediments to starting a business the higher the natural rate of unemployment, lower GDP growth and decreasing standards of living.

We have Greece as a model to conceptualize an economy where the people have become dependant on government. There is no real GDP growth in Greece. The only industry there is Government and some agriculture (that is subsidized by the State). Greece exports nothing. Greece builds nothing, it only taxes and spends. It is apparent that, using the Greek model, it is not feasible to tax and spend into wealth. Every nation every time it has been tried has failed.

The Roman empire was taken down by the dole. The dependant proletariat was the destruction of Rome. The Weimar Republic was crushed under the weight of runaway inflation caused by foolish monetary policy. The Soviet Union collapsed under the mass of spending without GDP growth to back it up. The list is endless. These are only a few of the strongest to succumb to the siren call of taxing and spending. But the Obama administration is determined to try it again.

One thing we can always count on is that politicians are liars. They lie like we breath. It is natural to them. Those that don’t quickly have to find other employment. People simply will not tolerate an honest politician.

So when politicians say, they want to create a new tax to offset some other, I know I am being lied to. To believe otherwise is to deny reality. Fantasy can be fun but is not very productive. Today politicians are claiming they want to create a new tax in the US to offset some other taxes. Knowing their nature only a fool or an accomplice would believe it.

The moral to the story is… Watch and see. History will have another fallen nation to add to the list of nations that have been caught in the trap of government spending. Maybe this time people will learn from history… but probably not.

I have never seen a science teacher apologize that I would be dashed against rocks if I stepped off a cliff. I have never seen a math teacher apologize that 6 divided by 2 equals 3. I have also never witnessed a shop teacher apologize that a spinning chain saw cannot be safely dragged across a person’s throat. But I have seen many economics teachers apologize about economic principles.

In a few hundred years people and economists will open their eyes. Maybe then they will see that it isn’t evil that if a person steps off a cliff they will fall. Or if they spend all their retirement of jelly beans they will be broke.

God holds both to their actions but Society lets the one be responsible… but not the other.

I am sure the administration feels it has more wisdom on the subject…

Tags: , ,
Posted in Uncategorized | No Comments »

Unbiased Media

Sunday, May 2nd, 2010

Dear Friends,

It seems to me the disinterested media does itself a great disservice by taking sides. Especially considering the side it always takes.

To be unbiased a reporter must believe in total government. Take George Stephanopoulos. He was a member of the Clinton White House. Now he is an unbiased journalist. The average consumer of news is made to believe that he or she can take what he reports at face value. When in fact… that is exactly wrong.

Unbiased journalists deplore entertainers like Rush Limbaugh, Glenn Beck, Howie Carr and others like them. They, according to the unbiased journalist, are biased. In fact they even admit they are biased and as a result let the unwitting consumer of news know the bias and let them consider the information carefully. The unbiased reporter however wants the unwitting consumer of information to be ignorant of his bias. So he can have more sway. Which is more honest?

The unbiased journalist always leans to statism. They are enamored with the potential of government to solve problems. The fact that government only creates more and bigger problems is of no concern. Because they themselves would be far more enlightened. The Elite that control the unbiased press should take heed however.

Look at the state of free speech in Venezuela. Hugo has closed all the media outlets that are unfavorable to him. The last one Hugo sent to jail on some trumped up charge. This could be the fate of the present unbiased media if they keep to the path they have taken.

But they honestly believe that the Statists they help are utterly virtuous. The Elite media, who have the lowest possible opinion of you and I, feel the Elite statist is incorruptible. Ignoring the weight of human history. Just like the muskrat that steps in the #2 leg hold. He has no ability to imagine what is about to happen to him. The Elite media however are not so ignorant. Unless they will it. Some even seem to worship the power of the State. They hold it is the greatest power on Earth.

Now take the average man and woman. He or she is busy producing. The average person only wants the government to keep off his or her back. Being compassionate some misplace their compassion and advocate programs that seem, at face value, to help the poor. But in reality have pernicious incentives that not only lock the poor in poverty but drive an ever expanding impoverished class.

The average person must rely on the unbiased media to glean information. For years there was no alternative to the unbiased media. Very few people had access to less colored (yellow) information. With the rise of new media people are beginning to see that those who call themselves unbiased are in fact insidiously biased.

Look at the coverage of any policy initiative. If it is intended to reduce the power of the State the unbiased media dwell on negative aspects of the proposal. If the initiative increases the power of the State it is welcomed as a much needed breath of fresh air. Absolutely no critical reporting of it is allowed in the unbiased media. Only flowery rhetoric. Costs are of no concern.

The facts the unbiased media do not report are telling. Look at the violence at the US Mexico border. Drug gangs have invaded the US and fired on the US military. Where is the reporting? It would seem this is a news worthy story. At least as news worthy as Tiger Woods infidelity.

With the power of the unbiased media waning they are becoming more radical. They know the are far to the left of the American citizenry. So they pulled out the stops to get the government we have. The vilification of Bush was unending. Regardless of it’s merit. The result is the government we are now floundering with. On Bloomberg Radio the other day I heard a interviewee say that the job situation today at 9.7% unemployment is better than it was under Bush in 2002. “The jobless recovery.” She didn’t mention that the unemployment rate was around 6% then and GDP growing. Yea… much worse.

With this caliber of reporting on the economy I am amazed that ABC, CBS, CNN, MSNBC… etc (unbiased media) are still in business.

Oh, That’s right… I hear viewer ship of the unbiased media is dropping off the table…

Posted in Uncategorized | No Comments »

Apperances Trump Reality

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that people the world over, generations from now, will be paying for the poor decisions that the party in power in the United States are making. Decisions that will inevitably lower the lot of Mankind.

Not the least of which is the way the democrats and the administration deals with critics. A question about the costs of a given policy are answered by calls of racism. People who make legitimate policy points about the role of government are called, tea baggers, hate mongers, racists, Nazis, and other such vitriolic names by the unbiased media.

Look at the reporting of race baiting some Senators and Congressmen claimed were made by opponents of the health care bill. Utterly unsubstantiated, no video, no audio, in a place where every person there had a cell phone capable of recording the event. Yet reported as fact… without question.

Vilifying political enemies is old hat. But in the past in the US once a party is in power it lowers the rhetoric to maintain a sense of propriety. This group has taken political rhetoric into the gutter. The constant ad homonym attacks come like bullets from a gattling gun. They have taken it to the point where they even call opponents potentially violent. Intimating the use of the State monopoly on violence to their political end.

Like the arrests on the Hutaree. I hope and pray they are glistening turds. Because the alternative is so alarming. The arrests send a message to opponents. That message is, “You better watch out, we control the apparatus of power, and we are not afraid to wield it.”

The history of the twentieth century and the beginning of the twenty first, teaches us that violence comes from the left… not the right. Look at Europe during their recent troubles, (any meeting of international leaders). Youths wearing communist red and carrying communist banners burned businesses and threw Molotov cocktails at riot police. How may times have you seen references to this behavior in the press. The unbiased media are loathe to focus on violent demonstrations that come from the left.

Earth First is a violent faction that is responsible for bombings and arson in the US. Millions of dollars of damage to business and infrastructure have been destroyed at their hands. William Ayres of the Weather underground is responsible for murdering a police officer in a terrorist attack… IN THE US! Yet he walks free, due to a technicality, and is a big supporter of President Obama. In fact the President announced he was running for the US Senate from Ayres home. Could Mullah Omar be released on just such a technicality?

Now if I associated with a known, admitted and unrepentant violent terrorist, society would shun me. I would be ineligible for political office. I would be watched and monitored by the FBI. If, God forbid, I got mad and ranted on a tapped phone line I would do such and such. I would be arrested just like the Hutaree. Yet the American people have elected a president that is exactly such a man (is best friends with an American home grown terrorist). Lets file this under, no way that could go wrong… like setting off a cherry bomb in your underwear.

The unmitigated expansion of government, the party in power proposes, is staggering. The last bill they passed is the biggest intrusion in the personal lives of it’s citizens the US government has ever made… (and withstood constitutional muster). But what they have done is the tip of the iceberg. What they want to do is alarming. They want to set up nothing short of a command and control economy. They know once an entitlement is started it is never stopped. Like the Mohair subsidy, (for World War One uniforms).

Some people might be thinking, “Too bad for Americans.” But, think of this. If the American economy’s growth slows a mere 1%. (And that is the best case). That translates into slowed growth for the rest of the world on the order of 1%. If this is the case that slowed growth will lower the income of people for the next few generations and possibly for eternity. Cumulatively a small drop in GDP growth over time is what made Argentina go from parity with US citizens in 1900, change to the Argentinean citizens personal GDP of $7,508.00 to the US Citizen’s $46,716.00 (measured in US dollars) in 2009. This small difference in GDP growth compounded over a century has amounted to this wide disparity.

Imagine the choices of the party in power in the US will amount to this same drop in the growth of the world economy. Not only the great grand children of US citizens will be greatly harmed but those of the African, European, Asian and South American will be harmed as well.

But… he does speak well… and he got a Nobel Prize.

Tags: , ,
Posted in Uncategorized | No Comments »

Gridlock is good

Sunday, May 2nd, 2010

Dear Friends,

It seems to me that the best thing to come out of the healthcare bill was the gridlock that prevented the government from enacting even more statist policies.

Progressives, socialists and communists are Statists. They believe that the State should make decisions for the people. That is at the core of their belief system. It is obvious in every policy and law they propose. From putting sterilants in our drinking water to control our population to seatbelt laws their philosophy is that the State must make every decision for the people. Peter Shumlin, a Progressive candidate for Vermont governor said on VPT, “What the legislature does best is make the decisions for the people…” What does this statement say of this candidates attitude to his constituents?

Government always makes decisions at too high a level. It is the nature of government. Political appointees need cronies. Cronies need henchmen and henchmen need something to do. Since they are usually half wit cousins of the Elite they are incompetent. That is why they have been given cushy government jobs. So some half witted incompetent, who knows nothing of what the people do under him do, decides how many paper clips to put on a piece of paper.

During the Second World War the Soviet Army launched a counter attack on the city of Khrakov. The Soviet forces had detailed plans. They were told to be at certain locations at these times… else be shot. The Soviet Army Launched the attack with overwhelming forces.

As the Plan rolled out opportunities that presented themselves were not taken advantage of. Flaws that presented themselves were not repaired on the scene. The plan was the plan and they had to stick to it.

The Germans however were not so tied to their plans. As opportunities presented themselves officers on the ground took them. As flaws were shown officers on the scene closed the flanks. The result was the loss of 207,000-240,000 Russian soldiers lost killed or wounded to 20,000 German. The efficiency of the use of the forces was what made the difference.

Illustrating in human lives the difference in efficiency of what level of management decisions are made. Yet Statists staunchly disregard history and empirical facts and kneel to their religion. A religion of the State. They worship the power of the State. They seek to wield it’s power as theirs.

They all believe that if only…

The “right” people are put in charge it will work great…

The if the people have the “right” attitude to government guidance it will work great…

The “Right” Elite and or the “right” people do not exist… and never will. The congenital nature of man is evil. Yet we all have within us a seed of goodness. As Mencius said. “there is no one who is not disturbed at seeing a child fall into a well.”

History shows that there is no bridge Statists will not cross. Just communists, according to the Black Book On Communism, have murdered between 80 million to 100 million people in the 20th Century. The Progressive Adolph Hitler was responsible for another 60 million human lives. Statists have spilled much blood in the name of the State. Why would anyone think that a movement that is responsible for so much violence in the past is not capable of it now?

Early 20th Century Progressives in the USA cheered Mussolini and Hitler and the feelings were mutual. The writers on American text books praised the new Communist government in the USSR. Eugenics was in vogue in the USA under the Progressive philosophy.

The nut is that to have the basic philosophy of the Progressives, Communists and Socialists you must believe that your fellow man and indeed yourself are nothing but lab rats for the Elite to experiment on as they see fit. Without oversight…

No way that could go wrong… Again…

So the longer they are gridlocked the better.

Tags:
Posted in Uncategorized | No Comments »

« Older Entries