Wednesday, April 22, 2009

- That Isn't What 'Investing' Means

How many times lately have you heard someone from the Obama administration say that they’re making “an unprecedented investment in _______.” They say it about all kinds of things but they I don't think they know what that word means.

Well since you’ve never actually had to produce anything Mr. Obama I know there is no way for you to have learned this simple fact so let me put it as succinctly as I can. Making an investment is easy. Any dumbass can spend money, particularly if it’s someone else, and in Washington they often do. But the hard part is in getting a positive return on that investment. And nothing you have said leads anyone knowledgeable to believe that you or your administration will be able to do that in any of the trillions of ways that you claim you will change America.

You’re going to go down in history as the man who bankrupted America for a fantasy of windmills that run without wind, solar panels that produce electricity in the rain, and a high speed rail that only Joe Biden will ride on.

Shame on you.

Monday, April 20, 2009

- News From The 'Gun Free' Zone

This is too funny. In an ironic case of dog biting man, instead of him robbing others from his office in Trenton, a NJ state Senator was robbed in his home. Some might say that I should be more sympathetic. They might say that I should be more concerned about the collapse of law and order or that I should be concerned about the Senator being 'safe' in his home.

Well he's an anti-gun Democrat Senator from a highly unionized and liberal part of the state, so I say that he got exactly what was coming to him. The town he lives in, Elizabeth NJ, is home to one of the largest commercial ports in the world and had the same mayor for over 40 years, so I'm betting you can guess the kind of politician Ray Lesniak is.

In my mind he's just reaping what he's sown so he's getting no sympathy from me.

Friday, April 17, 2009

- Isn't This The Definition Of Fascism?!

Isn't fascism when the government uses privately held businesses to achieve their political goals? Isn't this precisely what the Germans and Italians did in the 1930's?

So where are all the lefty protesters with their signs of Tim Geithner dressed as Herman Goering and Barak Obama in a Nazi uniform? Where are the "hey hey - Ho ho" rhymes and the one whacked out stoner who tagged along to protest for free medical marijuana? How can it be that after all those years of calling everyone with a private sector job a fascist, all those hippies, academics, professional students and union hacks have all disappeared into the woodwork? Now that we have actual fascism, the empty headed left has decided that they actually like a little fascism after all.

The world gets stranger by the day as America declines.

- Veterans and Right Wing Radicals

I haven’t written much lately, but since I’m likely on the new Homeland Security watch list for disgruntled right wingers, it’s probably just as well that I keep a low profile. A dozen or so friends have emailed me lately to jokingly let me know that they won’t be able to be seen in public with me anymore for fear of getting on ‘the list’. At least I hope they were joking… in fact this might actually have been just the opportunity they’ve all been waiting for to finally lose my number.

A lot has happened but not much has changed since my last missive. The government is still leveraging up, the private sector is still leveraging down, and the taxpayer is still going to be stuck with the bill. This is all as unsustainable as it ever was. At present it will take the government reducing the deficit by something like 3.7% every year in order for the debt to GDP ratio to remain constant. But congress’s record of mismanagement of the government finances makes that look unlikely in the extreme. And in what is sure to be seen through the lens of history as ‘the tipping point for America’ we have enthusiastically empowered the very people who so mismanaged the government’s finances, to begin mismanaging everything else.

One thing that’s changed however is the CEO’s of the money center banks now understand what a terrible Faustian mistake it was for them to get in bed with the Obama administration. At present Wells Fargo, JP Morgan and Goldman Sachs have all petitioned the government to allow them to return the Tarp money to the taxpayers. This is a healthy sign for the banks and taxpayers alike, but I don’t believe it’s going to happen. While it’s clearly in the interest of the taxpayers to get the money back and reduce their risk, it’s not in the interest of our politicians, so there is no way they’ll let it happen. In the end, its power that is the currency of Keynesianism, not money and they bought a ton of it when the treasury shoved that Tarp money down the banks throats.

If it were me running a money center bank, I think I’d call a 1PM press conference and get one of those great big “Ed McMahon” looking cardboard checks printed up and made out to the US Department of the Treasury. I’d go on about how appreciative I and the employees and shareholders were to have the help of the taxpayers when we most needed it and assure the public that in the future we will do all we can to be worthy of the faith and trust the citizenry has put in us. I’d tell the press that I was proud and moved to be able to be the first to reward the taxpayers confidence by returning their money to them in full with interest. I’d thank them profusely and tell them that I had sent a similar check to Tim Geithner’s office via registered mail and that it should be there in a day or so.

Then I’d sit back and watch the fireworks. Even the fawning mainstream press would have a hard time giving Obama a pass on refusing the money then.

In fact, one other small thing has changed...a few other people have begun to realize that the interests of our politicians and the interest of the taxpayers have long been opposed to one another. A few months ago while the Republican Party was collapsing I felt like I was the only one who realized this. But now a substantial number of citizens have come out to anti Tax ‘Tea Parties’ all across the country, to be ridiculed by the mainstream media. And of course the media was happy to oblige. I’m sure by now you’ve all seen this stellar example of journalistic integrity from CNN where the no name reporter ridicules and argues with the protester.

But she had a different tone when she agreed with the protest:

What a freakin joke.

Of course none of this matters because our politicians couldn’t be bothered to listen anyway. I mean these people don’t even have a PAC let alone a full time lobbyist. How exactly do these rubes think government works anyway? About the best example of the kind of public contempt our elected officials hold for the holders of a small-government view is this classic quote from a dimwit Democrat from Illinois Rep Jan Schakowsky. She said of the tea parties:

“It’s despicable that right wing Republicans would attempt to cheapen a significant, honorable moment of American history with a shameful political stunt.”

She was talking about the Obama stimulus plan, but I admit it’s hard to tell. I can’t find one myself, but I’m sure a diligent student of history with some time on their hands could come up with a like sounding quote from someone about the first Boston tea party. Of course it would have been said by someone in the British parliament, right before they demanded that the redcoats teach these rebels and upstarts a proper lesson. With a sound bite like that indelibly stuck to her by bloggers and the internet, I think her place in history as a defender of liberty is assured isn’t it? Thomas Paine eat your hearts out.

She does do us all one small favor though and that is that she makes it painfully obvious that just like the British before her, she and her ilk in government have no intention of listening to civil discourse. In her world the people are there to serve the government not the other way around. And with a very few, very notable exceptions like Rick Perry and Mark Sanford, the same is true of most of the Republican party as well. They have enormous power over the citizenry that comes with their position and they have no intention of giving it back. The only difference between the Republicans and the Democrats is that the Republicans think it should be them calling the shots and squandering tax payer dollars on the things they want. But for we taxpayers it’s a crap sandwich either way… whether its bull crap or horse crap matters little.

Our system is broken… it has been for some time. And before Obama leaves office we will be well past the point of no return. (In fact I believe we already are… but I think that fact is going to become more and more obvious to others.)

That isn’t to say that it can’t be fixed, but I think the general contempt for the ‘tea parties’ make it clear that if this is going to be solved, it’s not going to be through normal channels. You can’t count on being able to get America back on track from the ballot box anymore when both parties agree that the citizenry should be powerless and that those in government should be making their decisions for them. You can shout all you like, but they have authority over us and they will not give it up.

In my mind the thing that would fix all this is to take the vote away from anyone who doesn’t have net positive tax burden. It makes sense when you think about it. If you are living by the largess of others, why should you get to decide who is going to pick up the tab? But let’s see you get someone to propose a bill like that in the house. We all know it’s not going to happen.

So failing that, we are in effect forced into the same irreconcilable position our founders were. We can either fight, or flee. Personally I’m leaning strongly toward taking my family and fleeing while I still can, but I know not everyone is going to agree with me. The government is using force to compel people to surrender their labor and their liberty. I’m sure there are many people out there who must be thinking of using force to resist.

So maybe Napolitano over at homeland security has a point. Maybe she should be worried about an armed uprising by frustrated radical right wingers and veterans. After all, the last tea party turned out exactly that way. General Washington and virtually all of his staff (and his army for that matter) were veterans before they became rebels. And there is an ironic similarity between the way that the colonies were abused by England and the way the citizenry of the US is being abused by their ‘remote and thoroughly detached’ rulers now.

Ben Franklin was very political so he might have slipped by, but Thomas Paine, Sam and John Adams and Thomas Jefferson as well as a dozen other names would have all certainly been on the British version of the Homeland Security watch list. They were all considered potential troublemakers who didn’t know when to keep their mouths shut. So I guess when I think about it, I’m probably in pretty good company. And even if I have no intention of fighting and I’m really just trying to figure the best way to become an Ex-pat, I think I prefer the company on the ‘radical’ side of this debate.

Wednesday, April 1, 2009

- Unconstrained By Law, Tradition, Or Cash Reserves...

President Obama has shown us all that to achieve the unrealized promise of this great nation, we must transcend outdated values such as public thrift, individual liberty and restrained government. All power must be shifted to Washington and deposited in the hands of a wise and benevolent ruler whose will is never questioned.

The road to prosperity, President Obama has shown, is traveled by high-speed rail and government-mandated hybrid automobiles, powered by wind, water and air, subsidized by gargantuan energy taxes and paid for by borrowing trillions that our grandchildren and great-grandchildren will never be able to repay. It is a road that can be constructed only by an energetic national government unconstrained by law, tradition or actual cash reserves.

...So let us all stand idly by, mouths shut in obedience to our new rulers, and watch the traditions that hold up our society, like pillars of a great temple, crumble and collapse from the force of great, howling winds that sing hauntingly of a future filled with consequences none of us understands.

Read the rest at the Manchester Union Leader.