Friday, December 19, 2014

GOP in Charge In Washington and Especially In The States

The midterm elections gave the Republicans an impressive majority not only in the US Senate, the US House of Representatives but also in the States.  This doesn't surprise me a bit since Republicans are mostly principled conservatives and are generally fit to govern. 

Due to the corrosive influence of Obama, Democrats have devolved to the "looney left" or "lunatic fringe." They are now the party of the irresponsible for the irresponsible.  Obama, a product of the liberal agenda, will destroy liberals.   The Democrats brief majority lasted only as long as they could hide their agenda from voters or for as long as they and the friendly media can spin their inevitable failures. I've seen this movie before and the failures become obvious to even the most oblivious voter.

Here's some stats showing just how extensive the GOP majority has progressed:
  • The GOP control 54 out of 100 seats in the Senate -- highest since 1929.
  • GOP has 247 seats in the House vs 188 for Democrats
  • The GOP controls 31 of 50 State governorships
  • The GOP control both legislative houses in 29 States (highest since 1920) whereas Democrats control both houses in only 11 States
Obama, the very product of the Liberal agenda, is destroying the Democratic party -- a delicious irony.

Democrats have shifted remarkably left since JFK and Bill Clinton's administration and are unfit to govern.  The US is a center right country. See map below of US House party affiliation.

Map Showing US House Representation by Party 2014 Midterms; Red Is Republican

Thursday, December 18, 2014

Courts Already Ruling Against Obama's Immigration Amnesty

Some 24+ states are filing suit against Obama's Executive Order on Immigration.  It will take time for that suit to move forward, but already one Federal Judge has ruled that order unconstitutional.  This is just the beginning of another judicial spanking for the administration.

The case in front of the Pennsylvania judge Arthur Schwab was about a single deportation, but the judge considered the President's order with regard to the case under consideration.

From the Washington Times
Judge Arthur J. Schwab, sitting in the Western District of Pennsylvania, said Mr. Obama has some discretion in how to enforce laws, but by setting out a comprehensive system to grant tentative legal status to as many as 5 million illegal immigrants, the president has strayed into trying to write the laws, which is a power reserved for Congress.

“President Obama’s unilateral legislative action violates the separation of powers provided for in the United States Constitution as well as the Take Care Clause, and therefore is unconstitutional,” Judge Schwab wrote.

“President Obama’s unilateral legislative action violates the separation of powers provided for in the United States Constitution as well as the Take Care Clause, and therefore is unconstitutional,” Judge Schwab wrote.
This is just the beginning.  Expect the Obama administration to be spanked yet again by the Courts for his unconstitutional actions. The suit by 24 States has just started.  Ignoring the Congress and announcing immigration rule changes that Obama admitted 22 times are not in his power is no way to act in our Constitutional republic.  Obama is a disgrace.

Wednesday, December 17, 2014

Obama Routinely Sides With Tyrants, Dictators, Fascists and Lawbreakers

Obama typically sides with the law breakers, dictators, oppressors and trouble-makers. He's a proven concession-giver to terrorist regimes and fascist Islamists.

Obama today announced that he's starting to normalize diplomatic and trade relations with Castro's Cuba.   As a reminder, Cuba is a Socialist country hijacked by the Castro family and stuck in deep poverty.  It is stuck in poverty because of the ravages of Socialism and dictatorship!  Make no mistake about it.  Now that Obama is giving concessions to an octogenarian dictator in Cuba, he's actually reinforcing rule by that illegitimate regime.  The fact is that Socialism has to go, but it won't happen when you offer concessions to Socialist dictators. 

Just how ravaged is Cuba by Socialism?  Doctors and nurses just got a big raise recently.  At the high end, doctors with two specialties will see their salary go from the equivalent of $26 a month to $67, while an entry-level nurse will make $25, up from $13!  This shows that Cuba must be the poorest country on earth.

So let's see now, Cuba is a negotiating partner,  the Taliban is a negotiating partner, Iran is a negotiating partner.   But the Republican Congress, now controlled by Republicans to a degree not seen in 70 years, are unworthy hostage-takers?! 

You see the ongoing pattern here?  

Obama hates Netanyahu, but loves Iran's Rouhani,   He hates Britain but loved Putin's Russia, He sided with Chavista Manual Zelaya who was ousted by Honduras's Supreme Court when he tried to pull off a Chavez-style power grab.  He sides with illegal aliens and is against enforcing existing laws. Can you see the pattern?   He's on the wrong side every time.

And he never demands much for his concessions -- making Obama the worst negotiator in the world! For example, the centrally planned dictatorship persists in Cuba while Obama gives them huge financial gains. There is no demand to enact true democracy or to end totalitarian dictatorship.  Similarly, in his first weeks in office, Obama screwed-over Poland and the Czech Republic by cancelling missile batteries for these countries in return for NOTHING from Putin.   I'll bet that those countries had those missiles now!

Obama himself is a lawbreaker and wannabe tyrant.  He wants to be a tyrant himself by ignoring Congress (and our Constitutional system of government) and acting alone.  He's vowed to ignore the mid-term voters who "spoke" just a few weeks ago.   He's ignored his pledge to faithfully execute his duties of office which is enforcing our country's laws.  You could say that the US is slipping into tyranny just because of the color of Obama's skin.

It goes on.

Remember when Obama refused to support Iranian students who were protesting their theocratic regime in Iran in 2009?   Not a peep from the "leader of the free world."  Now, the administration is racing to make a "deal" -- any deal -- with the terror-sponsoring Mullahs in Tehran while evidence is mounting that Iran is already cheating on even the preliminary agreements.  These people haven't been trustworthy for 40 years. They ALWAYS cheat and bide time by tricking any US administration.

Obama showed his instinct to side with ne'er do wells when he inappropriately sided with Michael Brown in Ferguson.  Brown was a proven thug.  As I've said, Obama never learns anything!  He said the police officer in Cambridge had acted "silly" when he didn't know what he was talking about.

The Obama Administration refused to stand against Argentina in their renewed claims on the Falklands recently.  Oh, and don't forget that Obama happily hosted a bunch of African tyrants, oppressors and homo-phobes in a "monster's ball" at the White House in recent months. 

The Obama administration by announcing he'll not enforce immigration law has created a refugee crisis at our southern border bringing chaos to border states.  And by accepting illegal immigrant children and uniting them with illegal families residing in the US is, in essence, completing delivery of many children for the Drug Cartels. You see, the Mexican drug cartels have been trafficking children into the US for money.   So, Obama is on the side of the drug cartels whether he realizes it or not.

America is sliding into tyranny all because of Obama's skin color.  He really should be removed from office.

Tuesday, December 16, 2014

Why Oil Prices Are Dropping

Oil prices have declined some 50% in the past few weeks after OPEC made it clear that they will continue to produce at current rates despite the market being oversupplied.  Some OPEC ministers have even said that $40 per barrel oil might be tolerated.

This tolerance for dramatically lower oil prices is not unprecedented.  Oil prices declined to $11 per barrel in 1986, led by Saudi Arabia increasing their output.  This was intended to counter and reduce the pace of North Sea oil developments.  This time, Saudi Arabia is trying to counter the US shale oil success story which has added 1 million barrels per day for each of the last three years.   I also think that there is some credence to the idea that Saudi Arabia and the US have colluded to punish Russia for their military action in the Ukraine.  And it's working!  Russia's currency is collapsing despite 17% interest rates.  A full-fledged crisis in Russia is brewing. 

Here's a chart showing the rise of US oil production in recent years:


Production in the US is on track to reach 9 million barrels per day by the end of 2014.

The Supply and Demand Picture for Oil


Increasing demand causes oil prices to rise, which in turn stimulates additional supplies.  This process is shown in the following graph showing what happened during the period 2004 to 2008 when oil hit $140 per barrel. Demand rose and prices rose sharply:


This year, worldwide demand has slightly declined while supplies (mainly from the US) rose.  Due to the shape of the supply curve, the equilibrium price has fallen dramatically.  The dotted supply curve is for the year 1994. The supply curve for 2014 is shown as solid blue. Much of that extra supply is from the US.  But demand has been slightly declining since China has slowed.   See the following chart:

Add caption

For prices to go back up, demand has to increase and/or supply must contract.  Oil prices of $50 will crimp marginal shale oil production and Canadian oil sand growth but absolute drops of production volumes will occur but will be slow to materialize.  Lower oil prices will marginally stimulate demand in the short and long term.  If the world goes into recession, then demand and prices will fall further. 

Thursday, November 27, 2014

The Top 20% Support The Bottom 60%

In the sharpest rebuke to the notion that the "wealthy" don't pay their "fair share" of income taxes, the following graph shows that the top 20% of income earners substantially support themselves and  nearly all the others.  The bottom 60% receive far more benefits than they pay, mostly because they don't pay any income taxes! And yes, the graphs below reflect payroll taxes paid for all brackets.

Mitt Romney happened to mention this fact in a private campaign meeting and it was SO taken out of context by the evil media outlets in a massive and dirty smear tactic.  Thanks to that and Obama spouting his usual bullshit about "fairness," Mr. Wrong stole the election.  Now you and the rest of the world have to live with the massive incompetence of "wrong way" Obama.  Tricks and lies are the essential meaning of "progressive."

 From Carpe Diem blog:


In another remarkable graph below, the top 400 taxpayers pay almost as much income tax as the bottom 50%.   I don't want to hear that the wealthy don't pay their fair share ever again from Obozo or any stupid Democrat.  Also from the Carpe Diem blog:

.
It looks to me that the bottom 80% need to pay more taxes.  Let's say all income above the poverty line should be taxed at least 5% in income taxes (in addition to payroll taxes).    In that way, people trying to start a small business and files as an S-Corp or LLC should pay only 15% along with all corporations.

Mark Perry, who writes Carpe Diem blog is a professor of Economics and Finance at the University of Michigan.

Tuesday, November 25, 2014

Everyone Obsessing About Ferguson When Chicago Is Ground Zero of Violence

Since black persons (mostly black men) commit about 57% of gun homicides in this county which equates to well over 100 per week nationwide. That means that, in the past 15 weeks since Michael Brown's shooting, there have been over 1500 persons killed nationwide by black men by guns alone.  You don't hear about it because more than 90% of those crimes are committed against other black persons.  This is from the BJS (Bureau of Justice Statistics on Table 7)

I don't know about you, but I find that appalling.  It's ironic that a single incident in Ferguson is getting all the attention.

It turns out that Chicago, Obama's hometown, is at the "heart of darkness" when it comes to gun crime and homicides.  And it's because there's a shitload of black people living there.  Once again, sorry, but it's true.  Same in East St. Louis (including Ferguson).  East St. Louis is the most dangerous place in America. Same situation in Camden NJ.  Same situation in Detroit.  All these are predominantly black towns.  Black culture is clearly in collapse.

From Zero Hedge, here's a summary of the carnage in Chicago alone in the past 107 days:
  • 155 homicides (74% black males)
  • 725 shot & wounded
  • Six (6) 18 year olds killed: Kawantis Montgomery, Kamaal Burton, Tony McIntos, Alexandra Burgos, Rayvon Little, Johnathan Cartwright
  • 59 18 year olds shot & wounded
  • 29 teenagers (13-19) killed
  • 244 teenagers (13-19) shot and wounded
  • 10 shot (5 killed) by the CPD
Here's a graphic, also from Zero Hedge summarizing the situation there (click to enlarge):

CRIME IN CHICAGO SINCE FERGUSON INCIDENT
Given the orgy of crime just in Chicago, where's the media talking heads?  Where's the race hustlers Al Sharpton and Jesse Jackson?  Where are the politicians?  Where's the social justice activists?  What, no media coverage?   Where's the outrage?   Where's the solutions? 

This orgy of violence in Chicago, just in the 15 weeks since the Ferguson shooting, is going on when the nation is obsessing about a single (as it turns out justified) police action?   It's very ironic and very wrong.  Then, twelve thoughtful jurors, listening to all of the evidence including black witnesses to the incident in Ferguson, exonerated Darren Wilson and confirmed that he was protecting himself.   So, the whole Ferguson affair was all about nothing except one more hothead (young) black man acting out and behaving very violently.  Everyone could see from the convenience store video that Brown was a criminal thug but Media portrayed him as an angel which is part of the problem. Heck, MSNBC is still interviewing accomplice and liar Dorian Johnson!!  Idiots!!

Alternative high school education, killing teacher unions, more jobs from a better economy, restoring black families, bringing recognition of and arresting the black cultural collapse in this country are all things that I've written about frequently in this blog. 

There's calls for two state 'solution' for Israel. There's sort of a divide like that in Chicago, but like in Palestine, one of the two states is a failed state.

Monday, November 24, 2014

Unilateral Immigration Action By Obama Sure to Create Chaos

Obama and his unilateral action on immigration will likely flounder in failure like everything else where the President has become personally involved. The Obama "touch" is like the reverse-Midas touch -- everything turns to shit.  For example, we're witnessing the "effectiveness" of the ISIS campaign also "managed" from the laziest White House ever. This after Obama ignores his defense advisers. Hmm, I wonder why we have a $700 billion per year defense establishment?

There's a big chance that the immigration gambit won't work either except to cause chaos since Obama is instructing entire portions of the government to ignore existing laws and procedures.

What will be the instructions to the border agents and ICE -- all employees of the Federal government?  What are their "marching orders?" The President is telling the vast bureaucracies to ignore the laws on the books and follow his "speech" (and EO) for instructions. Chaos is coming to ICE, homeland security and border control. It's the kind of chaos that comes when Congress is not involved in creating and "fleshing out" law making. A speech and a brief executive action is not new law.  It's an invitation for (more) chaos.

Expect the reverse Midas touch very soon. 

What's going to happen when the border erupts with large numbers of immigrants crossing into this country again?  It might even resemble a refugee crisis like what happened this summer -- all caused by your anarchist-in-chief.   Due to his loose lips vowing to not enforce existing immigration laws, the President effectively advertised an invitation for poor immigrants to come to this country and they did!

Since millions of undocumented persons already in the US will be desperate to act to take advantage of the President's offer, there will be a flood of paperwork sure to overwhelm the existing bureaucracy. Since the President is acting without the Congress, there will no money to hire more staff. What are the chances that the new immigrant visa applications are going to be handled with the care implied by the President in his speech? Who's going to handle the background checks? (I've already indicated that 'background checks' from Central American countries will be a big joke)  Who's going to staff organizations to do a large number of criminal record checks in this country?

And what about the legal immigrant application processing?  Surely legal immigration will grind to a halt.  And what will be the incentive for anyone to enter the legal path??

There's a chance that the border patrol unions might revolt too. Those guys are getting so whip-sawed by this administration, it's ridiculous. They might quit en mass except they know that Obama will be gone in 2 years.

How can reasonable people in Congress expect to work with such a loose cannon?  They can't!  That's the real reason there's no immigration reform in recent years!  Obama has already made certain that no one can trust him.   And he's making certain that no real immigration reform can be done in the next two years.

Not only is the President a fool, but he's incompetent and an anarchist.  That he doesn't know what he's doing is completely clear.  But he's clear about the Saul Alinsky playbook which calls for constant chaos and dissatisfaction to enact even more "emergency" measures that will be illegal since it's clear that Congress will never be able to work with this President.  The real problem is Obama is not competent enough to handle even the most basic aspects of his job.

On the bright side, in Obama, a creation and embodiment of the Liberal agenda, may ultimately prove to be the monster that destroys the Democratic party for a generation or more.

Sunday, November 23, 2014

An Immigration Speech Filled With Falsehoods and Deceptions

The President gave an impassioned speech on the need for immigration reform, but couldn't help blaming others (Republicans) for his own inaction and telling more lies.  Rather than calling for bipartisan dialogue and action, now more necessary now that the Republicans will control BOTH houses of Congress, he just says I'm going to do something (unilaterally) anyway.  Rather than acknowledging the significant election defeat,  he's playing games with our Constitution and snubbing the voter's rebuke of his policies.  It's like he's saying "f*** you" to most of this country.

He has taken executive "action" to change immigration law, that he said 22 times in various recorded speeches and appearances, is not in his power.  Was he wrong 22 times and right now?

There's a big chance that it won't even work except to cause chaos as he's instructing entire portions of the government to ignore existing laws and procedures. What's the chance of that working?  It amounts to more micromanaging from the laziest White House ever seen.  How's the WH's micromanagement of the ISIS campaign working out since Obama ignores his military advisers??

And why now? He promised Latinos that he would do something in 2009. He didn't lift a finger. Maybe because he was busy screwing up our country's health insurance marketplace?  And he had opportunity to act in 2010 and 2011. Democrats controlled both houses of Congress until 2012. Democrats could have done something legal in those years.  Finally, why did he wait to do this "dictatorial" action until after the 2014 mid-term elections?  Well, because people don't like dictators and Democrats would have been even more thoroughly defeated.

This President is unable to stop lying.  Here are some of the lies and deceptions embedded in the President's Speech (significant help from the Conservative Review's article by Daniel Horowitz) :

1) Other Presidents have done the same thing.  No, Mr. President they didn't do anything like what you've trying to do.  All other Presidents passed major legislation first.  Reagan and Bush enacted small executive orders AFTER Congress has passed new immigration LAWS in an effort to "fine tune" the law.  Then Congress then subsequently passed into law that "fine tuning."

All other Presidents have respected the US Constitution.  All other Presidents weren't hellbent on undermining our Constitutional system!  I'm not joking!  Welcome to ni**er nation!

2) Obama pretended that he's been enforcing the border and that immigration crossings are down.  Sorry, even idiots can see that Obama has been undermining border enforcement for years:  abusing asylum rules, reducing drastically deportations, busing illegals away from the border to cities all over the country, delivering illegal children to illegal families,  He's been a disaster when it comes to border enforcement.  He will continue to be a disaster.  This is why there wasn't a shred of hope of working with the Republicans last year on immigration law.  Nobody can trust Obama.

Let's be clear, few undocumented/illegals will be deported anytime soon.  And the President's actions will create a new wave of low-skill, low-information Central American immigrants and they won't be deported either.  No one will be sent home (except maybe Mexicans).  And, as noted in Conservative Review "he is unilaterally abolishing the Secure Communities program, the only successful interior enforcement program left after he abolished 287g state-federal cooperation in 2012- all this when we face a new threat of Islamic terrorism."

3) Only 5 million will be affected.  Given this President's lawlessness, he'll act in a way to include 10s of millions illegals immigrants in the country.  After all, he is now the emperor of America now and no one will stop him.  Never mind the rebuke of the mid-term elections!

4) Background checks will be performed.  What a complete joke!  No legitimate background checks will be made as Central American countries are famous for fake documents. Plus, there are no competent governments in this part of the world.  For instance, do think the government of Guatemala will be able to process large numbers of information requests?   Not a chance!  EVERY citizen in Central America is extremely incompetent - and they are coming here in droves.

5)  Immigrants will have to pay taxes.  Maybe they will ultimately pay payroll taxes, but probably won't make enough money to pay income taxes.  First of all, due to Obama, the country is not creating low-level jobs at all.  And black person's unemployment is still double digits!  No employment = no taxes paid.  But their children will be enrolled in local schools and emergency rooms will be crowded by people seeking free treatment.  As an aside, how are all of these people going to find housing?

7) Obama will focus on deporting felons.  Sorry, again this administration has done the opposite.  According to Daniel Horowitz at Conservative Review,   "36,000 convicted criminal aliens were released last year, 80,000 criminal aliens encountered by ICE weren’t even placed into deportation proceedings, 167,000 criminal aliens who were ordered deported are still at large, 341,000 criminal aliens released by ICE without deportation orders are known to be free and at large in the US.  Again, this is cessation of deportations for everyone. They are leaving no illegal behind."   A lawless President is bring lawlessness to your community and you're supposed to be happy??

The President's action will remove any incentive to enter the existing "legal" system.  Why bother, when you can just come here and hang out? (Hang out until they find out that there are no/few jobs).  But hey, the kids, who don't speak English, will clog our schools and create a burden on 1000s of local communities.

Complete chaos will result when a new flood of immigrants arrives. And how will the existing bureaucracy handle the flood of new immigration applications?  They won't!  As a result Legal immigrants will be pushed to the back of the line to process the mountain of paperwork of the new applicants.

Wednesday, November 19, 2014

Obama Said 5 Times That He Doesn't Have The Power to Change Immigration Law On His Own

Obama has said on video tape at least 5 times in interviews and speeches that he doesn't have the power to enact immigration reform outside of Congress.  See the Breitbart article and the video evidence here.

Oh course, now he's changed his mind; contradicting himself by vowing to act on his own and assume powers that he's admitted 5 times that he doesn't have.   And he's going to act despite the fact that the voters spoke loudly against him in the mid-term elections.  

What we have here is a radical politician individual, cornered now by polls and an election rebuke, acting out of desperation.  And despite the election results, he's said that he can't wait and must act now because the Congress won't act.  But he's not talking to the Republicans and never has.  He's not now and never has tried to negotiate ANYTHING.  Remember, in the Saul Alinsky playbook, talking to the opposition is admitting that they are human!  It is Obama and Reid who have shut down Washington, not the Republicans.  After all, there are some 380 bills passed by the House sitting on Harry Reid's desk. Vilifying the Republicans is job one.

Obama and Democrats are hellbent on bringing in low-information poor people from Central America (and sending Mexicans home).  For what?  It doesn't help America in any sense. The answer is that Democrats now are desperate to get more low-information voters.  After all, as the Jon Gruber scandal has shown, Democrats rely on "stupid"voters and voters that don't understand economics to enact their agenda.

The new Congress will act to de-fund his illegal actions in January by budgetary means at a minimum.

There is no substitute to talking to the other side of the aisle.  That's his job and he's not up to the task.  This guy is so incompetent that he is traumatized by the ordinary duties of his office.

Tuesday, November 18, 2014

All You Need to Know About Democrats and Jon Gruber in 2 Minutes

Watch your lying sacks of shit (Democratic) politicians caught red-handed in lie after lie after lie.  (Hat tip to Zero Hedge)

They do have contempt for you, they will lie to your face, they think you are stupid, they are hell-bent on imposing harmful and costly redistribution programs (ObamaCare).   I hate to be partisan here, but I've never heard Mitch McConnell lie to my face.   I've never caught John Boehner lying to my face either.  

The President should be particularly repentant since Jon Gruber visited the White House 19 times and sat in the Oval Office for 4 hours at least one time.   But you never get any responsibility, never get accountability, never get an apology, never admit that wrong things are done from this President.  He's a disgrace.


Monday, November 17, 2014

Obama Lying to Cover Other Lies

This week, Democrats tried to pretend that they don't even know Jonathan Gruber, who was paid millions of dollars by a half dozen states and $400,000 by the Federal Government to craft and "sell" ObamaCare.  He has exposed (and confirmed) that everything important about the law was a deception and passage of the law depended on public's "stupidity." 

Nancy Pelosi, in response to a question about Jon Gruber this week, feigned a "who's Gruber?" response.  She's a serial liar.  So is Obama.

Obama said this week that Jonathan Gruber "was just an adviser who never worked on our staff [who] expressed an opinion that I completely disagree with."  He said that to try to distance himself from extremely telling and damaging remarks that ObamaCare was a pack of lies from the very beginning. See here and here.

Senator Obama, in 2006, bragged that "he borrowed ideas from the the brightest minds from academia and policy circles.   I have stolen ideas from liberally, people ranging from Robert Gordon to Jon Gruber"  See here for the link to the video. (h/t to Zero Hedge)

Check it out (from 2006):


Lies, lies and more lies.  This guy is a pathological liar.  Jonathan Gruber was a key player in the ObamaCare fiasco and he has said as much.

Saturday, November 15, 2014

Canadian PM Harper to Putin: "Get Out of Ukraine"

In a refreshing bit of clarity from a political leader in a "diplomatic" situation, Canadian Prime Minister Stephen Harper abruptly confronted Vladimir Putin at the G-20 conference in Brisbane Australia.

Putin was wandering around in an awkward search of a hand to shake when he went up to Harper.  Harper is reported by Harper's spokesman to have replied to him abruptly:
Putin approached Harper and stuck out his hand to shake the Canadian prime minister’s, said MacDonald.
After months of public condemnation of Russia’s annexation of Crimea and its military support for separatist rebels in Ukraine, Harper accepted the handshake with a blunt message.
The prime minister said: “Well, I guess I’ll shake your hand, but I only have one thing to say to you: you need to get out of Ukraine,” recounted MacDonald.
 Nice job Stephen Harper!

ObamaCare Law Intended to Withhold Subsidies In States That Did Not Set-up Exchanges

We can thank ObamaCare architect Jonathan Gruber for frankly exposing the fact that the Democrats intentionally lied about aspects of the ObamaCare law in order to get it to pass. Not only did they lie about what the law was about, but they clearly had contempt for the "stupid" voting public to press their lies.

Jonathan Gruber, in another video, clarified another true intent of the ObamaCare law. The law is written clearly that only persons in States that have set-up their own healthcare exchanges get the subsidies -- but the citizens in those states still pay the O'care taxes. Thirty seven states did not set up the exchanges as the law also allows. But the intent was to coerce the States to set-up the exchanges.

All of this is extremely relevant now that the Supreme Court has decided to take up the case where the plaintiffs are correctly claiming that the administration is violating the plain text of the law by providing healthcare subsidies to everyone. And of course the subsidies are key to shielding people from the ridiculously high prices on offer. Without Federal subsidies, very few can afford O'care policies. Some 90% of the people enrolled in O'care get subsidies.

Gruber said
“I think what’s important to remember politically about this is, if you’re a state and you don’t set up an exchange, that means your citizens don’t get their tax credits,”
 "But your citizens still pay the taxes that support this bill. So you’re essentially saying to your citizens, you’re going to pay all the taxes to help all the other states in the country.”
Charles Krauthammer explained the plainly written intent of the law:
This may have been a stupid idea, but it was no slip. And it’s the law, as written, as enacted and as intended. It can be changed by Congress only, not by the executive. Which is precisely what the plaintiffs are saying.
You can imagine that the Supreme Court justices are reading and noting these revelations.  Let's hope so.  Democrats are a bunch of liars and tricksters with Obama being the worst one of them all. 

Remember, tricks and coercion are very much part of propagating the Liberal agenda.  Without tricks and coercion, people won't accept what Liberals are offering!

Friday, November 14, 2014

Central Planning Nightmare: China and Ghost Cities

For decades in the 60s and 70s, the CIA overestimated the size of the Soviet Union GDP by a wide margin. Part of it was because of an ongoing "red scare" due to the actual superiority in the number of nuclear missiles that they possessed. Even the likes of Paul Samuelson gave the Soviets undue credit for their centrally-planned economic "success" in numerous editions of his economics textbooks. But when the Soviet Union fell apart, the ruble crashed so hard that the Russian people became the poorest people on the face of the earth - bar none.

Even now after decades of "recovery" the size of the Russian economy is only $2 Trillion vs $14 Trillion for the US or about 10% of the size of the US economy.

The myth of central planning "success" was exploded for everyone to see (except the likes of Obama). The fact is that central planning ultimately leads to collapse and poverty. But it's that collapse and humiliation that has resulted in the rise of Hitler-like Putin, who is trying to reclaim Russian pride by his macho saber-rattling and military adventures in Eastern Europe. I say Hitler-like, because Hitler's rise was due, in part, to the humiliation that Germany suffered as a result of the Versailles treaty after WWI and the burden of reparations payments. Putin and Russian citizens feel the same type of humiliation due to the collapse of their empire and resulting chaos and poverty. Putin apparently vows to recover their honor in ways that upends the Post Cold War peace.

Like coverage of the Soviet economy, over-stating and over-hyping the apparent success of the Chinese economy is happening now. News headlines proclaim that China is now the world's largest economy, etc, etc. And liberal commentators are happy to point out the apparent "success" of their centrally planned economy to support the argument for more central planning in the US. Ironically, it's the introduction of Capitalism by Deng Xaoping that is responsible for the success of their manufacturing sector. But over 50% of recent year's of Chinese GDP "growth" has been debt-financed government "investments."

What counts as "GDP" includes government spending to construct China's ghost cities and other projects that are mandated by bureaucrats in Beijing -- whether there is demand or not. No need for marketing analysis, economic modeling or any economic justification! They are mostly empty and depreciating. They call 'em ghost cities for a reason!  When they are demolished, will the Chinese reduce their reported "GDP" to account for that? Not a chance. And what happens to the debt? It's still there or "absorbed" by the government.

To fund this construction, gargantuan spending has bought Chinese debt to levels that usually indicate debt saturation and even crisis in a shockingly short period of time. See here. There's only so much debt even a centrally planned economy can take on. All developed and developing economies are now debt-saturated. China has arguably reached that level too.

China's Manhattan and Paris Ghost Cities


China, known to copy(and monetize) everything that they can get their hands on (including what they can steal via cyber-espionage), have built cities that resemble Paris and Manhattan at a cost of about $50 Billion each.  Take a look at a preview film from NBC News about the "Manhattan duplicate."  The link to the full story and write-up is found here.  It's worth a look!

Welcome to "GDP growth" in China:

video


Empty "Copy" of Paris in China. Mimicking is the sincerest form of flattery?

How do you think all of this going to end?   

Thursday, November 13, 2014

Put A Bank's Entire Executive Suite In Jail

What do Sweden, Iceland and now Afghanistan have in common?   They put bank executives in jail should there be mismanagement that leads to government assistance or damage to depositors.   Sweden and Iceland fire the entire executive suite and jail senior executives in the case of incompetence and/or malfeasance.

Afghanistan also jailed two executives for fraud in a 2010 bank failure that amounted to about 5% of the country's GDP.  From AP (h/t to Zero Hedge)
Two senior officials of an Afghan bank that collapsed beneath almost $1 billion in debt were sentenced in a Kabul court on Tuesday to 15 years prison each for embezzlement and fraud. The scandal in 2010 shook confidence in Afghanistan's tiny banking sector.
These practices work. You don't need onerous oversight, a big bureaucracy and 10s of thousands of pages of regulation such as the still unfinished Dodd Frank law to fix the banker's excesses -- just plain and simple financial malfeasance laws that allow serious prosecution of the excessive risk takers.  That and conservative mandated capital levels and get rid of ALL of  the off-balance sheet items/accounting that allow banks to hide problems.   Oh, and by the way, outlaw CDOs and other complex derivative positions for US banks.  They are speculations that have little to do with banking!

Monday, November 10, 2014

ObamaCare Architect Admits Lies Were Key to Law's Passage

I've written many times that the liberal agenda is imposed by tricks and lies. People won't want what they are actually selling you!  ObamaCare is the prime example now that everything said to "sell" the law has been proven untrue.  You can't keep your plan, you can't keep your doctor, it costs much more not less, it does increase the budget deficit, it does have a death panel, and good luck finding a doctor.  After all that, you're still stuck with a very high deductible that most families can't afford!

Now the architect of ObamaCare Jonathan Gruber, a co-conspirator in the lies of ObamaCare said in an interview
This bill was written in a tortured way to make sure CBO did not score the [individual] mandate as taxes.  If CBO scored the mandate as taxes, the bill dies.

In terms of risk-rated subsidies, if you had a law which said healthy people are gonna pay in — you’ve made explicit that healthy people pay in and sick people get money, it would not have passed.  Okay?  Just like the...people — transparent — lack of transparency is a huge political advantage.  And basically, you know, call it the stupidity of the American voter or whatever.
I rest my case.  The Left and the Democrats are a bunch of liars and cheats.

The irritating irony is that the Supreme Court narrowly upheld the law by a tortuous interpretation of the individual mandate as a tax.   But the individual mandate was sold to Congressmen as NOT a tax! 

What's worse is that now that all of the bill's lies are exposed, we're told that it can't be fixed or repealed.  All to assuage the ego of our idiot-in-chief.   It's all screwed up thanks to the lying sacks of shit otherwise known as Democrats.  Eventually this law will completely or largely go away as most people still don't want anything to do with it.

Sunday, November 9, 2014

Listen Washington, Bring Back Jobs from Overseas!

Last night, I was watching Anthony Bourdain's Parts Unknown show about Massachusetts. Much of the program was about the heroin and drug abuse problem in rural Greenfield Massachusetts. It's a shocking state of affairs when a formerly prosperous rural area now has a heroin problem and a heroin related crime problem.  Local businesses were robbed incessantly. It was really shocking to hear!

The community has come together to face this problem, but the root cause of this situation is the loss of all the manufacturing jobs in that city. There's no opportunities for the people. There's a loss of hope. There's no opportunities and no prosperity. And it's happened all over this country.

A few decades ago, Greenfield, MA was a town with mills, factories and foundry's creating a robust and prosperous work environment in that region. ALL of these factories went away, part of the dwindling manufacturing base of America. It's a story happening all over this country and Washington DC is ignoring it!  It's a huge, huge problem!

I saw the same thing a few years ago in a small town in South Texas. You would think a small town in southern Texas would be crime-free, a place where people don't even lock their doors. Well, you would be very wrong. It's the same story here too: no jobs, no money, drug abuse, drug trade, drug crime and violence. It's shockingly bad.

Listen Washington, you've watched the industrial might of this country hallowed out by foreign countries and foreign companies! This blame can be placed on a number of administrations including the current one. Maybe nothing could be done in the past, but now costs have sky-rocketed in China and their big advantage is nearly gone. In fact, there's already a trickle of jobs returning to America.  One thing holding a rush of manufacturers back to the US:  high corporate tax rates.

It's high time to act to bring back jobs from overseas.

How to bring back jobs??  One very good way is to reduce corporate taxes that penalize companies who might want to repatriate jobs. I've written about this before here. The massive and over-compensated bureaucracy in Washington hasn't noticed that every country in the world now has lower corporate tax rates than the US.  It didn't use to be that way.

How far to reduce corporate tax rates? Answer: as much as it takes!!  The OECD average tax rate is about 20%, and reducing our corporate tax rate to 15% would put our country on a level playing field with the most competitive and successful nations on earth, ie., Singapore and Ireland.  Why would this work?  Because taxes are just another expense for businesses, so lower expenses (taxes) gives businessmen an incentive to re-examine bringing back their operations to this country.  That's the beauty of Capitalism: businessmen will respond to financial incentives.  Since the tax burden on many companies would fall, prices for some goods could decline too.

There's a school of thought that there shouldn't be a corporate tax at all.  Why?  Because money spent by consumers has already been taxed once, so why tax it again?  Why double-tax that flow of money?   And a lower corporate tax rate should be extended to individuals filing their taxes as S-Corp or LLC (rather than the INCREASING the tax rate of 40% demanded by Obama).  Obama foolishly ignored the Republicans who warned about this.  You see, small upstart businesses create the most jobs in the country, and persons starting a new business are likely to be filing as an S-Corp or LLC.  If small businesses create the most jobs, why are we not trying to encourage small businesses too??  Why are the Democrats so ignorant about this? 

And we should be reducing regulation not increasing it like the Democratic administration keeps trying to do. ObamaCare is a prime example. Nearly everything else the Democrats want would also hurt business: cap and trade, equal pay legislation, higher taxes, and higher regulation on banks and businesses.  It all must be reversed too.

Wednesday, November 5, 2014

America Is Center-Right, Democrats on Lunatic Fringe

The current incarnation of Democrats, now a bunch of looney leftists and intellectually a far cry from the grand old Democrats like Truman, JFK and even Bill Clinton, were hammered in last night's elections.  It was bound to happen for a few reasons:
  1. America is fundamentally a center-right country politically. It always has been. That's the biggest and nagging problem for the Left.  Because of this they have to lie and obfuscate their agenda because people don't want what they are selling.
  2. The voters can only be fooled so many times by Democratic tricks eg., hide all of the consequences of ObamaCare in the run-up to the 2012 election.  Also, fact-free smearing of any Conservative or Conservative idea also tends to get old, especially when ALL of the Left's idea are WRONG or don't work.
  3. Democrats foolishly threw themselves behind a charismatic charlatan named Obama who is a true disaster for this country -- he is so wrong and far from the mainstream that he's an enemy of this country.  The Democrats that aided and abetted him deserved punishment.  Most black 'leaders' in the country are anti-American. They don't understand our country's heritage of political freedom dating back over 1000 years -- freedom and principles developed by English-speaking peoples.  They don't get it, they don't want it.  
  4. Democrats are known to overreach.  Certainly, by Obama flouting our Constitutional system and selecting enforcing laws, they have over-reached to extent never seen before. 
Does This Look Like a Politically Left Leaning Country?

Saturday, November 1, 2014

Obama's Ebola Czar


Or maybe Ron Klain stayed at a Holiday Inn?  And to think that we are supposed to have a Surgeon General to do these duties??  Doesn't that bunch of buffoons in the WH know anything?

Thursday, October 30, 2014

Hillary: Businesses Don't Create Jobs

Democrats like Hillary Clinton and Barack Obama continue to insult the intelligence of anyone with intelligence.  Sadly, there are fewer and fewer of those in this country (and even fewer in the media).

Echoing Barack Obama's ludicrous line that businesses "didn't build that," Hillary said that businesses don't create jobs. 

How stupid are these people??  Answer: very.

Her and Obama really believe that government is from where jobs and growth come.  Hillary, stumping for populist Elizabeth Warren, said “Don’t let anybody tell you that it's corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried; that has failed. It has failed rather spectacularly."

Elizabeth Warren, another dizzy Democrat, recently denounced Republicans for dismissing her idea of equal pay police.  She didn't say that exactly because she is not honest.  None of these people are.

Regarding the trickle-down comment, it's just another fact-free and false Democratic narrative. The shower of freebies and palliatives from our bloated, corrupt and deficit-ridden government is the ULTIMATE form of trickle-down that TRULY doesn't work.  It creates entire populations of government dependency which only makes these people somewhat comfortable in their poverty.  The problem is that trickle-down only works until Liberals run out of other people's money.  Then all hell breaks loose. 

Hillary should be reminded that the great Democrat JFK said that a "rising tide lifts all boats." That was JFK saying that prosperity by definition helps both the wealthy and the poor.  A buoyant economy helps everyone.  Duh!  He worked with Congress to cut taxes across the board to order to bring prosperity and improve gov't tax revenue.  So, the false narrative of lowering taxes helps only the wealthy is bullshit.

Oh, and just a reminder to Hillary and Co that the historic evidence is that the rise of big and intrusive government brings nothing but stagnation and ultimately crisis.  Just ask the average Venezuelan or Argentinian.

Lest I insult your intelligence, It was Henry Ford who created jobs, Bill Gates created jobs, Steve Jobs created jobs, Thomas Edison created jobs.   Yeah, they DID build that!!  And without business there are NO jobs (including government jobs)!  Wealth is only created by production and governments don't produce much.  And government jobs exist only for as long as government is permitted to take money from the private sector or until other people's money runs out.

All of these people are profoundly clueless, profoundly un-serious and profoundly unfit to govern.   Add dumb-ass Wendy Davis to the ranks of the TRUE party of stupid: Democrats.

Friday, October 10, 2014

In Obama, Generational Decline and Liberalism Have Created a Monster

My Theory of Generational Decline


A successful and prosperous society brings with it the seeds of it's own destruction as ease, wealth and convenience spoils and weakens the work ethic of it's citizens. Offspring of prosperous parents won't have to struggle (and grow) as much as their parents. Subsequent generations become more and more complacent and more entitled as everyone enjoys the wealth built by previous generations.

But learning the lessons of life is critical to gaining wisdom. Hardship is the great teacher in life. And life is much harder than any mother ever told their children. And think about how important "tough love" is for raising children so that they understand the important and practical lessons of life: the need for a hard work and self-sufficiency, learning about money and budgeting, learning about the danger of debt and the responsibility to self, family and nation.  Without learning the hard lessons, subsequent generations become 'soft', ignorant, foolish and unwise from too much ease and where everything is provided to them without much/any hardship. 

It's no accident that the "greatest generation" in America is the generation who grew up in the severe hardship of the Great Depression of the 1930s and during the time where the US led the world in defeat of Nazi Germany and fascist Japan.  After WWII, these same people built the greatest economy the world has ever seen.  Ronald Reagan was the last of that greatest generation who rose to the highest office of the land.

The post WWII prosperity provided the money to support incomes and provide safety nets to the less fortunate and the elderly.  It also funded environmental remediation of our air and water. (Poorly performing economies are ecological disasters. Look no further than the USSR.)  But temporary safety nets become permanent (and irreversible) safety nets. The war on poverty is a good example.  It was started by LBJ to be a temporary leg-up for poor people -- mainly black folks.   Instead, it's become a permanent income support for millions. Politically, it can't be undone and has resulted in $21 Trillion of government spending in 50 years. Worse, these programs have actually "ruined" much of African American community.

Liberals, like the rest of us, are also the product of a undisciplined and permissive society and they want that the "less fortunate" to avoid the hard lessons of life.   They are all about handouts and government activism.  Liberals are children of permissive (and wealthy) parents who never had enough tough love. They never learn how to make and handle money for themselves, so they end up growing up irresponsible in money matters.  (Isn't that painfully obvious?)  Then, they join the Democratic party -- a political party who stands for buying getting votes by bribing people with handouts (usually money) to "help" people avoid the consequences of bad decisions and bad behavior.  It wins votes!  And because they are personally irresponsible in matters of money, these same people are irresponsible in management of the nation's money and debt.  Why do you think the Democrats could care less about the $7,000 Billion of new debt racked up in the Obama administration? They don't care! Obama has never seriously called for any spending cuts -- ever!

Democrats are happy to take advantage of hard times, because it allows them to extend more handouts to get more votes. They'd love to create a dependent society so that they can remain in power.  This continues until they run out of other people's money -- usually manifesting itself in inflation and/or crisis.

This is how society decays. Our society is declining rapidly now and only severe hardship will reverse it. And a foolish population will vote for more of the same (if they vote at all). We're seeing that in spades now.


Obama Is The Ultimate Example Of Liberalism Run Amok


Obama himself is the ultimate example of Liberal blindness; full of political correctness nonsense, ignorance and foolishness. He is very unwise since he's the ultimate example of having everything handed to him by affirmative action programs due to his special status of being a "somewhat intelligent black man". He's surfed though life on a wave of affirmative action programs and Liberal grants.  He's the ultimate example of never having learned the hard lessons of life -- having lived the perfect Liberal dream of unending handouts and giveaways without merit, cost or even much effort. He's grown up a 'slacker.' He's hardly ever had to hold a job or make a payroll.  He's never had to produce anything even to this day.

And he's never really learned from where all the benefits came.  He has no appreciation for how the wealth and productivity of our country's workforce and business community has enabled various safety nets and his own affirmative action benefits.  Like any good socialist, he is a class warrior that berates prosperous people even though those persons do everything right to become and stay prosperous.  I'm sure that he actually believes his own rhetoric!  This is why it's easy for him to bash business and extort from the prosperous. He's the ultimate product of an easy society: he doesn't know how anything works, he knows nothing of business, money or how real wealth is created through production, and he knows nothing about "tough love." He's the absolutely the last person in the world we should have in the Presidency.

Liberals have created a monster in Obama. And because of the effective propaganda efforts of Liberal media, this monster has made it into the White House.  He's the best of example of how generational decline endangers our nation.  Obama is the very embodiment of the "seeds of our own destruction."

Sunday, October 5, 2014

'Nice Sounding' Liberalism Leads to a Police State

Inside every Leftist lurks a totalitarian. Some examples:

Elizabeth Warren recently tweeted angrily that every Republican in the House voted against a bill demanding equal pay for equal work for women:

It sounds so good, right?  Who would be against equal pay for equal work?  Well, according to Elizabeth Warren, it's evil Republicans who are "waging a war on women" according to the Democrats popular talking point. First and most importantly, there is no "pay gap" for women. It's explained by choices -- not discrimation.

But who is going to enforce a law like this?  Who's going to determine whether two jobs are identical in scope?  Who's going to weigh differences in seniority, education levels, hours worked, job risk or levels of experience?  Most the so-called gap is a myth to begin with.

Equal Pay Police


Democrat's answer to these questions is that Federal bureaucrats (with zero business experience) would "police" the millions of businesses in America to make these determinations.  First, the cost of such a program will be huge. Second, trusting any Federal employee to supplant the judgment of business owners is absurd.  It should be plainly clear by now how poorly the government "does" anything and everything.  Can you imagine the stifling effect of this on business and jobs?  Such an "equal pay" bureaucracy would bring far worse consequences than supposedly unequal pay.  The cure is worse than the disease (and there IS no actual disease)!  Liberalism proves itself consistently immune to facts, logic and history.

The million dollar question is whether Elizabeth Warren actually believes such a law is in the best interest of the country, or whether she's just trying to smear Republicans.  If she really believes it, then she and most other Democrats are intellectually deficient.  If she's complicit in political smearing, then shame on the Democrats. Either way, it's not good.

Carbon Police


Everyone knows that the Democrats are emotional and especially hysterical when it comes to global warming. Despite relatively mild effects of warming, Democrats would love to pass a Cap and Trade carbon regulation scheme even though such a scheme wouldn't solve a thing except raise huge tax revenue and expand the Federal bureaucracy. Cap and trade would allow the continued rise of CO2 in the atmosphere at current rates.  It would really be a "cap and tax" scheme and would do nothing to help the climate.

Liberals pretend to be unaware that you'd have to absolutely reduce CO2 emissions by over 50% just to halt the rise of CO2 in the atmosphere. The cost to do so would bankrupt us, so it's not going to happen. And other big emitting countries like China will never commit economic suicide like the Democrats would like to do. And it'll have to be nuclear energy that will have to carry the lion's share of power generation in this country if we are to have a low-carbon future.  But wait, Democrats are against that too!

Can you imagine "carbon police" going around to 10,000's of businesses in various local communities checking for carbon emissions?  It would take another huge and expensive Federal bureaucracy.  And it would be a radical intrusion of the Federal government into local matters. It would be totally unconstitutional.   But Democrats like to ignore our Constitution.  They don't seem to understand that we had a revolution long ago to overturn capricious authority.

Already the EPA, incorrectly given too much power by the courts to regulate CO2, is over-regulating and harming the economy on a false premise: that CO2 at 400 parts per million concentration is "harmful or threatening to human health."  US courts can not be trusted to reign-in ever-expanding and unconstitutional Federal power into state and local issues even under false pretenses.

Hate Speech Police


51% of Democrats in a recent poll are in favor criminalizing "hate speech".  Democrats would like that, but what happens when the opposition party returns to power and use the same law to go after the Democratic minority??    If such a law were passed, you would have to add "hate-speech police" to our growing list of Federal bureaucrats running riot over our individual freedoms.  Who's going to decide what constitutes hate speech?  Are we going to put "haters" in jail?  Is calling Obama a jerk hate speech?  But Republicans won't do that. They'll repeal any such measure because they at least understand our Constitution and the importance of guaranteed freedoms.

Death Panels


One of reported architects of the ObamaCare disaster, Ezekiel Emanuel (Rahm Emanuel's brother), recently wrote an article in The Atlantic professing his desire to die at 75 years old.  He's not a bad guy, but Democrats like him are preparing the public for their inevitable "death panel" decisions that will limit Federal expenditures for elderly patients due to "budget concerns."  But this is precisely what happens when the Federal government intrudes in the healthcare industry.  Remember, death panels are now a reality and have Democrat's fingerprints all over it.   ObamaCare and government control of the insurance market is a royal road to the intrusion of unelected, unaccountable bureaucrats into the most important aspects of our lives.

Can't you see where Leftism and Democrats are headed?   Leftism sounds so good, but the results are disastrous and even Orwellian. 

Wednesday, September 17, 2014

Buy Low and Sell High; Time to Sell Stocks?

You agree with the adage "buy low and sell high" right?   Well, don't forget to sell.  US stocks are expensive and current valuations have rarely been higher. 

When the market PE reaches 20, it's time to sell.  That's where we are today.  Have a look at the following chart from Acting Man blog:


Stock market valuations have only been higher about 2% of the time during last 90 years.   The odds are in favor of the house.  Be forewarned.

Sunday, September 14, 2014

Collapse Of Black Families, Violence and Poverty

From Walter Williams at Townhall:
The poverty rate among blacks is 36 percent. Most black poverty is found in female-headed households. The poverty rate among black married couples has been in single digits since 1994 and is about 8 percent today. The black illegitimacy rate is 75 percent, and in some cities, it's 90 percent. But if that's a legacy of slavery, it must have skipped several generations, because in the 1940s, unwed births hovered around 14 percent.
 Along with the decline of the black family comes anti-social behavior, manifested by high crime rates. Each year, roughly 7,000 blacks are murdered (out of a total of about 14,000 victims). Ninety-four percent of the time, the murderer is another black person. According to the Bureau of Justice Statistics, between 1976 and 2011, there were 279,384 black murder victims. Using the 94 percent figure means that 262,621 were murdered by other blacks. Though blacks are 13 percent of the nation's population, they account for more than 50 percent of homicide victims. Nationally, the black homicide victimization rate is six times that of whites, and in some cities, it's 22 times that of whites.
There is little intelligent dialogue anywhere in the media to discuss what it might take to put black families back together.  In lieu of intelligent dialogue, black "leaders" only recite tired grievances that aren't true anymore.  The black family was intact in 1960.  The collapse of black families is a recent phenomena dating from the "Great Society" and War on Poverty days of the Johnson administration. After $21 Trillion in income support (support that was supposed to be temporary), the war on poverty hasn't help reduce poverty.  Take for example the housing projects that concentrated blacks within inner cities. Those blacks, having no ownership pride in that housing, destroy these properties and neighborhoods and the resulting decay caused "white flight" and business flight.  Business flight in turn means no employment opportunities. 

Also, when Liberals give more aid to single mothers because they are single, it results in more single mothers!  Or, if you give credits based on the number of children rather than the presence of a father, you get children without fathers.  The debate becomes: how to give aid to married couples to discourage single status?

For solutions, how about parallel vocational high schools to teach basic reading, arithmetic and writing but also job skills for those not on the college path?  This last concept could be expanded to include programs in arts; writing, performing arts, visual arts, and music.

Speaking of education, how about eliminating public unions--especially teacher unions that end up harming minorities the worst.  How do I know this?  Read about the court in California striking down union tenure policies for hurting minorities the most:
 A California judge ruled Tuesday that teacher tenure laws deprived students of their right to an education under the State Constitution and violated their civil rights. The decision hands teachers’ unions a major defeat in a landmark case, one that could radically alter how California teachers are hired and fired and prompt challenges to tenure laws in other states.
 “Substantial evidence presented makes it clear to this court that the challenged statutes disproportionately affect poor and/or minority students,” Judge Rolf M. Treu of Los Angeles Superior Court wrote in the ruling. “The evidence is compelling. Indeed, it shocks the conscience.”
Thirdly, end the criminalization of marijuana and release all the young (black) men in prison for possession and related non-violent crimes. That incarceration is making hard core criminals out of these young men.  Lastly, eliminate the Federal minimum wage guidance altogether.  The government needs to get out of the wage setting business including repealing the Bacon Davis Act which shuts out many workers in favor of union-only work. The higher the minimum wage, the less jobs exist for entry level young people.  And those entry level jobs are key in gaining skill and experience.  Marco Rubio has proposed a wage subsidy instead of a minimum wage and to replace the Earned Income Tax Credit idea.

A decent article in The Federalist gives some good advice to helping minorities and stopping the black cultural collapse.  But don't expect Democrats to help black people because they would oppose much of the ideas that would help.  This is because the answers that address collapsing families is 1) improve education by promoting LESS unionism in public schools (at least), 2) improve the economy to repatriate manufacturing by reforming and lowering corporate taxes, by less regulation and less big gov't.  Do these sound like Democratic policies?  3) Get the government out of the wage setting business especially the prescription of a too-high minimum wage for inner cities, 4) more local micro-financing (and training) to help people set-up small market places and food courts, etc, and 5) end the drug war against marijuana and free associated prisoners. 

Friday, September 12, 2014

One Chart to Explain Our Broken Health Care System

In my blog Obama Doubles Down on a Broken System,  I suggest that we have high medical cost inflation because everyone in the medical business is using other people's money.  Also, increasing government spending is the biggest driver of medical cost inflation because the government is completely insensitive to prices (but people are).   I said the following:
"Insurance money feels a lot like "free money" to both patients and medical businesses. Hospitals and doctors can literally never spend enough to insure the survival of everyone. It's no wonder medical cost inflation is pricing medical services out of reach! Eventually patients are priced out of the insurance market and can no longer afford coverage or medical services at all. This is where we are today.

So, most can agree that the system is broke because market and normal cost forces are not in play. I've made the argument in my blog that high deductible policies coupled with health savings plans put some consumer "skin in the game." You can understand this when you consider that the ultimate market pricing system would be medical care services are paid only by cash!"
Thailand has a cash-market medical business (not yet dominated by health insurance company spending or government spending) and their medical costs are from 5 to 10 times cheaper than the same services in the US.

Well, here's evidence of the trend that only worsens in the years ahead since the US government spending in the medical service market goes ever higher. See the following chart from David Stockman's Contra Corner:

Only lower government spending in the medical market and more consumer "skin in the game" (out of pocket spending) via high deductible policies and HSAs will reverse price inflation trends.  ObamaCare has and will further increase government spending and therefore increase prices.  We face a vicious (and upward) cost spiral with ObamaCare -- proving that everything said to promote the law is flawed and/or lies.

Thursday, September 11, 2014

Obama in Denial About Islam

I never listen to a single word spoken by Obama, but it is reported (and confirmed by the text of his speech) that he said the following last night:
“Now let’s make two things clear: ISIL is not Islamic,” Obama said, speaking from the state floor of the White House residence. “No religion condones the killing of innocents, and the vast majority of ISIL’s victims have been Muslim.”
So, there you have in a nutshell one of Obama's many problems.  First, he's WRONG!  Will he claim that Al Qaeda is not Islamic?  How about Hamas?  How about the Taliban, Hezbollah, Boko Haram??

He is blind to the worldwide problem that is Islam.  He's blind to a lot of things.  He's basically a Muslim sympathizer. 

The so-called religion of peace is anything but.  Let's be clear, Islam is the only religion (ideology) in the world that prescribes violence against other people who are "unbelievers". There are some 109 verses prescribing violent "war" against those who oppose Islamic "rule."  In fact there are few counterbalancing views of tolerance of others in the Quran.  There's no "turn the other cheek" in Islam!

See here for a list of attacks by Muslim believers since September 11, 2001.  The Islam inspired death toll is up to nearly 24,000 people worldwide since Sept 11, 2001.

What's the point of continuing to pretend that Islam is a religion?  Islam is not a religion but a violent, fascist cult based on the teachings of a mentally ill, violent, murdering, pedophilic, misogynist named Muhammad.
 
Is it any wonder that Islam is one screwed-up "religion"?   It's a sad joke. 

Sunday, September 7, 2014

Liberals Emotional, Unprincipled; Unfit to Govern

The difference between Conservatives and Liberals increasingly shows the contrast of emotional reacting vs rational thinking.  Think about it.  Liberals are mostly from the 'fuzzy' professions of art, journalism, acting, etc. Conservatives, for example, are found in the ranks of engineers and the business community. Nearly all of my engineering friends are conservative since we are all about rational analysis and a sharp focus on objective facts and figures. Liberals are found in the "fuzzy" artistic community. It's not surprising that Hollywood actors are nearly universally Liberal. And journalism is truly a "liberal arts" major. People of faith are conservative because they realize that Liberals are trying to substitute a religion of big government for a true religious faith (a la Communism). 

Liberals are much more volatile, emotional and even hysterical than Conservatives. This makes them unfit to govern.  A good perfect example comes just today as DNC chairwoman Deborah Wasserman Schultz went completely hysterical against mild-mannered Wisconsin governor Scott Walker.  From Townhall, she said:
"Scott Walker has given women the back of his hand. I know that is stark. I know that is direct. But that is reality." Wasserman Schultz added: "What Republican tea party extremists like Scott Walker are doing is they are grabbing us by the hair and pulling us back. It is not going to happen on our watch."
Bashing Walker is really hysterical. What did Walker ever do to Schultz?  Scott Walker is a gentlemen; a mild-mannered and rational governor who has well-managed his state government, balanced budgets and even lowered taxes in Wisconsin.  He is not controversial.  He's a competent governor who recently won a recall election vote with a higher margin than his first election results despite a Liberal smear campaign.  So, the people of Wisconsin have spoken an spoken loudly.  Walker's only problem is that he's a real threat to the Democrats in 2016.  

Oh, did I mention that Deborah Wasserman Schultz, the chairman of the Democratic National Committee, is a professional artist?  (Look it up here)  Perfect!  Being an artist means that she's imminently qualified to define public policy objectives and economic strategies for our great nation!   Can you see why Democrats have run this country off the rails?  Obama never even had a job.

The real objective of the screeching, hysterical Democrats is to lie, obfuscate and falsely smear any solid Republican who might be a threat in the next election.  Remember how the liberal media obsessed about "bridgegate" in New Jersey -- all to implicate Chris Christie?  It was the top "news" on national media for weeks while the real and serious problems caused by Obama and the Democrats went to page 5!!   Now comes the ridiculous politically-motivated indictment of Rick Perry.  It's a complete joke! Even Liberal commentators agree that it's frivolous. The Democrats don't care whether anything is true or not.  They are going to smear by any measure because they know the compliant media will amplify things.  It's despicable.  It's all about dirty tricks.  Liberalism is only imposed by lies and tricks, since rational voters in the US will ultimately not choose hyperactive big government and government control on it's own.  Remember, big government is the Democrat's false idol.

More Examples of Hysterical and Emotional Democrats- Unfit to Govern


For another example of Liberal hysterical and irrational thinking, take global warming.  Liberals are screeching Malthusians and Chicken Little's when it comes to the relatively mild effects of global warming.  Their cries are all emotion and not based on facts.  In fact, they are thoroughly annoyed by "inconvenient facts" that contradict their collective hysteria.  Liberals are positively hyperventilating to enact big government carbon monitoring and taxation even though that wouldn't change ANYTHING except to make government bigger and harm the economy and job market.  They would rather ruin the economy based on their emotions rather than facts.  Liberals, as usual, don't know the key facts(s): that the amount of carbon dioxide emissions reductions required to halt the rise of CO2 in the atmosphere is so large (50%) that it's not possible and the cost to do so is impossibly high.  The cost to mitigate the relatively benign effects of warming are 10,000 times cheaper.

Look at the liberals screeching for gun control but ignore the facts about who commit gun crimes. They'd rather ignore the Constitution than face the REAL problem. The real problem is black men, at 6% of the population, who are committing the majority of gun crimes nationwide.  But radical political correctness, another characteristic of the current liberal crowd, prevents any mention of these "inconvenient" facts.    Black men are committing about 7,000 murders per year out of 14,000 total or more than 120 per week -- far eclipsing the number of headline massacres like Columbine.  Discussions of seizing guns from black men, are strictly verboten!  It might violate their civil rights?  What about the victim's rights?

Take a look at Liberal, Liberal media and black emotional response to Trayon Martin and Michael Brown shootings.  They jump to conclusions and wrong ones at that.  Blacks, who identify with Democratic party at a 95% rate, have proven to be emotional hotheads who would lynch any white police officer even reported of killing a black man -- regardless of facts or fault.  Complete lawlessness and hysteria were on display in Ferguson.  Then we find out that every black man involved in the Michael Brown shooting is a liar, thief or thug.  

Democrats Have Shifted Hard Left Since JFK -- Unfit to Govern


It didn't used to be this way. The difference between the Democratic and Republican party used to be very small and both parties were capable of governing. After all, it was JFK called on people to ask what they can do for their country, not what their country can do for them. JFK would be considered a solid conservative now as he was a supply-side tax cutter and staunch foe of Communism -- not unlike Ron Reagan.

Wednesday, September 3, 2014

Democrats Out of Touch With America; Punish Them in November

Obama and Democrats are out of touch with America.

This weekend, Biden tried to give a rousing speech to "take back our nation."  Huh?  The comment was in support of bashing the rich and promoting more unionism presumably to fire-up the Democratic union base.  Bashing of the rich by the rich is getting old and sounds ever more hollow.

And there's hardly any unionism left in the US private sector as union's have done more than their share in chasing US jobs away to other parts of the world.  And we wonder why the economy is crappy?  Union membership in the private sector is down to 11%.

The core of unionism is now in the public sector at some 40% and they sucking big time from the hind tit of the taxpayers.  From USA Today, federal employee total compensation has grown 36.9% since 2000 after adjusting for inflation, compared with 8.8% for private workers.  Every extra dollar given unionized government workers in either benefits or pay, compared to the private sector, is an extortion of the US taxpayer.   Government worker benefits are now much higher than the private sector.   Ban public unions!

Obama, Biden and the Democrats are way out of touch with the American people.

Regarding Unionism, Americans want to reverse it.  71% of Americans say they would vote for right-to-work laws if they had a vote, according to Gallup.   Yeah, it's time to take back our nation alright!

Obama's approval rating is holding steady at 40% but he is deeper underwater with Independents and Republicans.  A CNN poll in August revealed that 33% of people polled wanted Obama impeached.

Obama's inane strategy of ignoring the legislature is an affront to about 1/2 the nation represented by the Republican majority in the House.  He thinks that going to work?  He's insane and deserves impeachment based on impaired mental capacity!!  Yeah, and he's so brilliant.  My ass!

About 70% of the people in this country have routinely polled to disapprove of the direction of the country.  

Polls shows 61% of Americans disapprove of Obama's collapsing foreign policy.  Only 33% approve.  Duh, he's a frigging idiot!   The 33% that approve are either brain dead or mentally impaired!   Now you can see that 33% approval is really ZERO percent approval because that 33% is so stupid that their opinion is complete dog shit! 

Only 42% of Americans approve of Obama's handling of the economy. (So, that's about 11% approval since 33% is really 0%).   Six years after the bottom of the last recession, about 50% of Americans say that the US is still in recession.  Six years after Obama,  Gallup says that in August only 38% of Americans said the economy is getting better, while 56% said the economy is getting worse.

Obama and Democrats have (once again) proven themselves to be clueless on creating growth of any kind other than the growth of debt and taxes!  And yes, there's a connection between low growth and high debt and taxes!  But Democrats are immune from facts and the lessons of history.

From Daily Caller, "70 percent of independents and 92 percent of Republicans said in early August that “undocumented immigrants [are] a burden on the US economy,” according to the polls by Reuters and Ipsos."  Of course these people are a burden to our communities. They have little to offer, we don't have any/many low skilled jobs,  they won't pay taxes, they certainly can't afford our Obama-inflated medical costs.

As a retired American, I'm seriously considering moving to Mexico or Costa Rica to escape Obama's and Democrat's damage!   And I'm relatively well off!  And these people, who absolutely nothing, want to come here??  I'm considering retiring to a place like Guadalajara, Mexico because I don't want to pay for high medical insurance costs or the dramatically rising prices of food and rent caused by our foolish central bank hellbent on re-inflating old bubbles!

The President and Democrats have always been underwater in regard to ObamaCare.   54% disapprove of the law and only 40% approve.  ObamaCare is as unpopular as ever as it's caused healthcare costs to rocket higher -- putting healthcare out of reach for more Americans. With the government spending more for health care, and the government completely insensitive to prices, expect this increased marginal spending to inflate costs ever higher until the nation is bankrupt.  After all, we're told that the ObamaCare disaster can't be overturned, right?

Wrong!  Punish the arrogant fools!!  All of them!!