Wednesday, May 29, 2013

Mass looting

I heard one preacher refuse to denounce gov't programs.  No doubt, this scared soul did not want to lose his 501c(3) status - never mind that he wouldn't he just thought he might.  Notwithstanding the Apostle Paul's prohibition against giving to someone who refuses to work, how does some bureaucrat dole out money with mercy when it does not belong to him/her and was never earned by him/her.  Would it not be better to allow charities to discriminate who is a looter and who has a legitimate need?  These looters averaged over $2K in benefits over about a year period.  That doesn't even include the costs for the bureaucrats to do the job they were supposed to do correctly the first time.
http://www.breitbart.com/Big-Government/2013/05/29/Massachusetts-audit-thousand-dead-welfare

Tuesday, May 28, 2013

Gibson pulled

Another instance of government exercising pull over speech.  While the IRS targeting tea parties is getting a modicum of attention, this one was the canary in the coal mine that should have awakened Americans of the despotism our government is capable of and undergoing.  Even the laws that Gibson purportedly broke were not even U.S. law.  The saddest part of the story is we let a producer suffer without action.
http://news.investors.com/ibd-editorials/052313-657569-gibson-guitar-raid-like-tea-party-intimidation.htm?p=full

Wednesday, May 22, 2013

Tim Cook is a typical cowardly, American business CEO

Yes, they are clever and adept at making money, but leadership?  Not for a second.  Mr. Cook was given a golden opportunity to confront the looters in DC and, instead, decided to placate his masters.  If I were Tim, I would have walked out two props-one showing the running national debt and another how much Apple is paying in taxes.  I would have shown the how much is being stolen from Apple and, ultimately, its customers as any economic literate understands that all corporate taxes are fully passed onto the product.  I would have talked about how Apple complies with the behemoth code written by those in Congress and, for my good measure, am being excoriated for following their insipid code.  I would have then presented what the prices would be for an iPad and iPhone if we were to eliminate these corporate taxes (along with the associated lawyers and lobbyists). And for the Apple Employees (any loyalty to them, Mr. Cook?) the removal of corporate taxes results in more take home pay.   I would have then talked about the prop showing the government spending and demanded these looters account for what is being done with the enormous amount of money Apple is sending to Washington.  Why Americans look up to these 'leaders' is beyond me.  Cowardly.  "Think Different", Tim.  We could have used someone like Hank Rearden during these show trials.

Friday, May 10, 2013

Fat or Slim- Christie is not fit

This man is not fit to protect the interests of a free people.  This is not how free people are to be addressed by their representatives.  And, pork chop, if I didn't want my view occluded from my personal property, what damn business is it of yours?  We could admire how he speaks to tools like Warren Buffet when our freedoms are being assaulted but this is no manner to address free people.

http://philadelphia.cbslocal.com/2011/08/26/new-jersey-governor-chris-christie-urges-hurricane-irene-evacuations-get-the-hell-off-the-beach/

http://wap.myfoxny.com/w/main/story/90504292/


Thursday, May 9, 2013

Spare me the U3 BS

The press keeps touting the U3 unemployment rate of 7.5% and claims things are turning around.  Never mind we've had less jobs in the US since Oba Mao (in deference to our Chinese friends who gave him that endearing nickname) took office and many have given up looking for work and are ,therefore, no longer counted as unemployed.  I think the official economic term for those individuals is 'screwed'.  Here are some real numbers to digest.

First, the overall employment participation (civilian, of course, since this is the only sector which creates wealth).  Oba Mao has completely undone the gains created by Reagan:
http://research.stlouisfed.org/fred2/series/EMRATIO

Now the situation with our youth.  In 2004, we were ranked 14th and we moved down to 19th in 2009 and now 18th.  What leadership by the man who refuses to sleep to get our economy back online.  Please, get some rest and work on your golf game. 

http://www.oecd-ilibrary.org/employment/youth-unemployment-rate_20752342-table2

Friday, May 3, 2013

Who is John Galt?

It seems either the Destroyer is among us or the looters are doing enough damage that we don't need a Destroyer recruiting the most productive among us.  This is an excellent analysis of how startups and innovation are being choked.  One of the last points that is of interest is, due to the lack of new startup companies, there will result high profits for big businesses. After which, the looters will disparage capitalism once more (after sabotaging the free market).
http://www.hudson.org/files/publications/Kane--TheCollapseofStartupsinJobCreation0912web.pdf

Wednesday, May 1, 2013

If wealth was murder part 2

This is a sequel to my posting of April 22nd.  Again, when it comes to killing babies, they understand that regulations impede an activity.  If only they would exchange how they treat good commerce with how they treat their proclivity for death.
http://hosted.ap.org/dynamic/stories/U/US_MED_MORNING_AFTER_PILL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-04-30-17-51-33

When did you discriminate?

As the Pigford looting continues to be uncovered (see http://www.nytimes.com/2013/04/26/us/farm-loan-bias-claims-often-unsupported-cost-us-millions.html?pagewanted=all&_r=0 ), ask yourself when did you deny someone their pursuit of happiness?  After all, it is your money and that of your progeny being handed out for non-productivity.  Then ask yourself, why should government be the arbiter of who should get a farm- why should they be allowed such pull and are they more compassionate than the 'robber baron' straw man the looters like to rail against?