Saturday, October 08, 2011

BO 103K, Reagan 1100K

Review & Outlook: 103,000 vs. 1.1 Million - WSJ.com

Policies have consequences.

82-83 was a worse recession by every statistic, and it came on top the sick 70's, a decade where the US looked like dogmeat. September of '83 is the greatest month of job creation in US history, 1.1 Million -- Because of government being put on a leash and the private sector driving.

Government doesn't create jobs, BUSINESS creates jobs. If we can't get that right, nothing works.

We know how, JUST DO IT!!!

A Pyromaniac In a Field Of Straw Men

How George Will Misunderstands Both Elizabeth Warren And Liberalism | The New Republic:

The title is a very nice turn of phrase -- one applied by William F Buckley to John Kenneth Galbraith. It reminds me of how much I miss the Godfather of "WFB"s everywhere.

In this context it shows how the left tends to raise "not getting the point" to high pedantic art.

Nobody that I know is talking of NO TAXES on the wealthy, millionaires, private jet owners, or any other group. The Democrats current approach is to willy nilly tack $50K of new taxes on an income of a million, out of the blue.

Why all the long lectures on "nobody gets rich on their own"?? Nobody said they did -- the upper incomes are ALREADY paying around 70% of the income taxes!

As is often the case, Galston creates yet more straw men to do battle with rather than Will. The problem at hand is LIMITED government. Higher income people are already paying over 50% of their income when FICA, state, and local taxes are added in. When the government is already taking over half of your income and still wants more it seems very reasonable to talk about "limits", it is completely UNreasonable to discuss the straw man of "everybody ought to pay some taxes".

Friday, October 07, 2011

Faster Than Climate Change

Gone in 60 nanoseconds - The Washington Post

I'm not sure I agree with Charles on the extreme import this may have. If true, much like the discovery of quantum effects, it will put Einstein's model in a "bounded domain" much as Einstein put Newton's model in a similar bounded domain. Newtonian physics still works just fine for well over 90% of physics work, because we humans live in the speed and weight range where Newton's model is explanatory. So it will likely be with Einstein's Relativity. Again, **IF** this is proven to be true.

What I DO really like about this article is:

1). Way short of all that is newsworthy is political. Out current world is WAY to heavily tilted to the overblown focus on things political. This is real hard science happening that COULD make fundamental changes in the way we compute and communicate, and who knows? Faster than light??

2). How complete an absurdity it is that "Climate Change" could be "settled science" by ANYONE, when E=MC**2 is not, and SHOULD not be!!!

Sunday, October 02, 2011

North Dakota Arabia

The Weekend Interview with Harold Hamm: How North Dakota Became Saudi Arabia - WSJ.com:

Great article, just read it! If we can just get B0 and Democrat cronies out of DC, we are more than poised to have an economic burst bigger than the 80's + pay off the national debt.

Oh wait, that is an OPTIMISTIC assessment, and these days we are back into the Carter era gloom and woe.

Mr. Hamm's rags to riches success is the quintessential "only in America" story. He was the last of 13 kids, growing up in rural Oklahoma "the son of sharecroppers who never owned land." He didn't have money to go to college, so as a teenager he went to work in the oil fields and developed a passion. "I always wanted to find oil. It was always an irresistible calling."

He now is the 33rd richest guy in America.

Mr. Hamm calculates that if Washington would allow more drilling permits for oil and natural gas on federal lands and federal waters, "I truly believe the federal government could over time raise $18 trillion in royalties." That's more than the U.S. national debt, I say. He smiles.

Oh wait, it might be only half that ... this guy is an optimist, and this is the age of fools -- we invest $500 million in bankrupt "green energy" companies, and stick it to guys like Hamm. 

Now why is it again that US corporations are sitting with trillions of dollars on the sideline talking about "uncertainty"??? 

Washington keeps "sticking a regulatory boot at our necks and then turns around and asks: 'Why aren't you creating more jobs,'" he says. He roils at the Interior Department delays of months and sometimes years to get permits for drilling. "These delays kill projects," he says. Even the Securities and Exchange Commission is now tightening the screws on the oil industry, requiring companies like Continental to report their production and federal royalties on thousands of individual leases under the Sarbanes-Oxley accounting rules. "I could go to jail because a local operator misreported the production in the field," he says.
It is so reminiscent of "Atlas Shrugged"

'via Blog this'

BO Assassination of Americans "Troubling"

Killings Pose Legal and Moral Quandary - WSJ.com:

The "far right news outlet" WSJ seems to be "troubled" by BO killing a US citizen in a foreign land with no judicial review at all. Golly.

I'm old enough to remember a time long ago and far away in the evil W administration where even tapping a phone WITH FISA court review was a TERRIBLE destruction of our Constitutional rights!! 

Back then the MSM/left were some mighty strict Constitutionalists.

Now BO can KILL a US citizen with no attempt at capture and trial. Just go ahead and blast them??? Presidential power as judge, jury and executioner of US citizens. These are the same people that are against the death penalty even after a full scale trial and years of appeals, because "there is never 100% proof someone is guilty", but they are completely UNtroubled by BO whacking this guy?

Yes, I know, my own maxim of understanding the liberal mind "Consistency is NOT an issue!!!" ... but each new proof of that frankly unbelievable maxim gives me a little shiver. Our elites suddenly discover that  no law and no limits on power is nothing that they have concern over!

All hail BO! 

Tuesday, September 27, 2011

Revenue to GDP

W. Kurt Hauser: There's No Escaping Hauser's Law - WSJ.com:

The history of taxation in the US shows that one has a maximum revenue choice unless we drastically change taxation with something like a VAT.

Since the '50s we have been running between 15 and 19% of GDP through good and bad. So the max is 19% of a growing GDP pie.

The Most Persistent Economic Fallacy of All Time!



This ought to be required viewing for every American. It is PRODUCTION that matters, not SPENDING!

Friday, September 23, 2011

B0, A Value, Not a Scent

Return of the real Obama - The Washington Post:

As Charles quotes Goldwater at the end "A choice, not an echo".

The real B0 is back -- with the stench of complete re-distributive "spread the wealth around" at all costs, even a LOSS of revenue to the federal government.

Why? Because to liberals like BO "fairness" in some cosmic abstract sense that none of them can truly define, is of infinite value. "Fair is good", even if it impoverishes us all.

And it does. It is DIVERSITY that gives us life, vigor, excitement, hope, success, wealth. Tic Tac Toe becomes boring quickly, far too easy for all to be "equally good". DIFFERENTIAL ABILITY is the essence of humanity -- it is what makes us special. It was no accident at all that the once-greatest nation on earth allowed vast differences in wealth. It allowed vast differences in speaking, math, sports, and acting ability as well -- and compensated people accordingly.

Aaron Rodgers makes much more than 100x the salary of the worst active QB in the country -- probably on a sandlot near you this weekend. Aaron Rodgers makes millions, the worst QB makes ZERO.

Zero is strange, and I am very afraid of our ability to escape the clutches of B-ZERO before he multiplies our nation completely by zero.

40% of those that reported a million dollars in '08 have already gone missing. How many more "millionaires" have to be done away with before we realize that we are hurting ourselves most of all.

'via Blog this'

Intercontinental Railroad? BO Bridge?

New gaffe: Obama hails America's historic building of 'the Intercontinental Railroad' - latimes.com:

I bet he meant TRANScontinental . Hey, but at least they are starting to show up more and more now. Remember our how our nation used to reel with laughter at every "Bushism"? Why they even had funny calendars once.

Those were the good old days though. Now that we are mired in the grips of B-ZERO-nomics, the world just feels a lot less light and funny.

'via Blog this'

Thursday, September 22, 2011

Spot the Idiot??

More Math Jokes | Power Line:

This is unbelievable! If the MSM doesn't have some fun with this one, they are so in the tank that it completely defies description.

Some one said "They asked the group, Who wants Barack Obama to be re-elected??"

Certainly this COULD have happened to anyone, BUT the MSM enjoyed killing the career of a VP for misspelling "potato" (when it was misspelled on the card he was to check against).

If you want "fair", don't run for president!

Wednesday, September 21, 2011

BO Lies, Jobs Die

Fact check: The wealthy already pay more taxes – USATODAY.com:

No surprise here to anyone that is awake and not making money off higher taxes.

Buffet is in the group making more money off higher taxes -- tax sheltered funds are one of the things he sells, and all his income is capital gains, thus, he is GREAT with people having pay more in taxes. It means they will have more of a tendency to buy his tax sheltered investment products.

BO and Buffet would seem to be strange bedfellows ... until one looks just a little below the surface it makes perfect sense.

Tuesday, September 20, 2011

The Carbon Cult

The American Spectator : Welcome to the Carbon Cult:

It isn't how many people (scientists or otherwise) believe something, it is wether it is correct or not!!!

Friedman has gone just plain nutty on Climate Change.

The following from Dr. Ivar Giaever's resignation letter from American Physical Society based on their climate claims:
His letter to the APS gets right to the point of how science has been perverted by the Carbon Cult: "In the APS it is ok to discuss whether the mass of the proton changes over time and how a multi-universe behaves, but the evidence of global warming is incontrovertible? The claim (how can you measure the average temperature of the whole earth for a whole year?) is that the temperature has changed from ~288.0 to ~288.8 degree Kelvin in about 150 years, which (if true) means to me is that the temperature has been amazingly stable, and both human health and happiness have definitely improved in this 'warming' period." It's no wonder that Giaever realizes that "global warming has become a new religion," and that "We frequently hear about the number of scientists who support it. But the number is not important: only whether they are correct is important."

'via Blog this'

"Right Now" BO Style

Obama's urgent jobs plan: Right now, 'right now' means sometime next month maybe - latimes.com

When the MSM is on your side, you can be completely 100% shameless!! Note, this is the LA Times, not Fox ... so it IS "0ut there", it is just so quiet that it is very hard to find.

So, given the president's professed urgency, the next day, Sept. 9, everyone asked where was his jobs legislation?

And, well, it seems the urgent jobs bill hadn't actually been written yet but should be ready in a week or two. When the laughter died, the White House said on second thought the legislation would be ready for a photo op the next Monday.

Well, here we are on the next Monday after that next Monday and we've just learned from the No. 2 Democrat in the Senate, Dick Durbin, that actually it seems that body won't really be seriously getting into the legislation for a while yet. The Senate has some other more important business to handle. And then there's this month's congressional vacation, which in Washington is called "a recess," like elementary school.

Turns out all those claims about "The Republicans being slow on the "jobs bill"??? Complete hogwash ... it hasn't been SUBMITTED yet, and the SENATE, Controlled by Democrats is in NO HURRY to pick up this dogs breakfast of flim flam and already failed policies to jack up the deficit even more than it is now!

Monday, September 19, 2011

Worse Than Greece

America's debt woe is worse than Greece's - CNN.com:

I agree with his debt analysis:

The government's total indebtedness -- its fiscal gap -- now stands at $211 trillion, by my arithmetic. The fiscal gap is the difference, measured in present value, between all projected future spending obligations -- including our huge defense expenditures and massive entitlement programs, as well as making interest and principal payments on the official debt -- and all projected future taxes.

The data underlying this figure come straight from the horse's mouth -- the Congressional Budget Office. The CBO's June 22Alternative Fiscal Scenario presents nothing less than a Greek tragedy. It's actually worse than the Greek tragedy now playing in Athens. Our fiscal gap is 14 times our GDP. Greece's fiscal gap is 12 times its GDP, according to Professor Bernd Raffelhüschen of the University of Freiburg.

We are the brokest nation on earth and the brokest nation in history.

I might even buy into some version of his "purple tax" ... I can't see how much he is cutting entitlements and then going with something like a flat tax. Couple of interesting links that I hope to take a look at later.


Sunday, September 18, 2011

If It Feels Right - NYTimes.com

If It Feels Right - NYTimes.com

If you have kids, this article is likely to bring you close to tears as it did me. If you have been a good enough and lucky enough parent so your kids have largely escaped the hammer blows that have destroyed our culture,   congratulations and thank you. Your kids may have a chance to lead us from this wilderness at some time in the future.
In most times and in most places, the group was seen to be the essential moral unit. A shared religion defined rules and practices. Cultures structured people’s imaginations and imposed moral disciplines. But now more people are led to assume that the free-floating individual is the essential moral unit. Morality was once revealed, inherited and shared, but now it’s thought of as something that emerges in the privacy of your own heart.
The extended family, the church, the social organization (Chamber of Commerce, Elks, Kiwanis, etc), the local government, the state government, and far off and not much seen, the nation were all interlocking elements of where humans lived -- and thrived as the spiritual and moral beings we were intended to be. 


That is dead in the US and Europe now -- killed by moral relativism, public education transmitting the most vile and false "values" possible,  attacks on the family so numerous and extensive that much like the boiled frog, we have failed to even detect most of them, the destruction of our nation's Judaeo / Christian heritage, work and family ethic to now being only worthy of scorn and derision. 


It took us decades to get here -- William Buckley saw it coming in the 50's. We had a short slow-down and mild reprieve under Reagan, but the election of the Democrats in '06 and BO in '08 quickly dumped us over the edge. Our deficit of culture, moral fiber and religion is actually much more devastating and deadly than our many and horrible financial deficits. Those are "only money" -- the loss of the faith, optimism, the basic sense of American goodness, and our national moral compass is likely completely terminal. 


If some sort of a union survives in the space that was once America, it now looks certain that it will bear no resemblance to the spirit that was America.