Canada’s Housing Market Could Have Crashed Too (But It Didn’t)
CNBC has posted an article answering a very simple question: Why Canada’s Housing Market Didn’t Crash? In the article, Canadian economists Llyod Atkinson says something very interesting: “Nobody stopped a Canadian bank from lending in the subprime market, they chose not to,” says CIBC’s Benjamin Tal. “It was not the government, it was not monetary policy; there were no regulations whatsoever regarding how much you | Read More »
Another Reason Why Government Run Enterprises Don’t Work
The story itself is of little consequence, but it demonstrates yet another reason why government enterprises don’t work. It seems that the Alberta Culture Minister is in trouble for saying that the quality of government run entertainment productions produced with tax payer money is “crap” While I do not watch Canadian TV and cannot verify the validity of the claims, the news reaction to his | Read More »
Risk in Freedom.
What is the greatest thing that Freedom means to you? “Everything. Even if you have to learn to risk in freedom. It is the most important thing in life. The possibility of making choices. Giving your children alternatives for them to make choices also. I think that is what freedom is.” Alena Fernandez (Daughter of Castro who escaped to US) What a great quote! Freedom | Read More »
How to Stop the Buckaroo Banzai “Amending the Constitution Short-Form”
The U.S. Constitution is clear that the Federal Government power is to be limited to certain specific enumerated powers. The idea that the general welfare or commerce clause would be used to allow Congress to engage in more than these enumerated powers was considered laughable (see Federalist 41) and yet Congress has taken upon itself to create new authority for itself by simple majority vote. | Read More »
Snow in D.C. The 2009 Christmas Miracle
A foot or two of snow is forcast for D.C. Hopefully this will shut everything down–including Congress. Oh what a fate! I know it sounds despar-ate but a poem I had to write! C is for the crys of those who oppose H is for Harry Reid who seeks to impose. R is a reminder that it is “We the People”. I is to Inspire | Read More »
2007 National Intelligence Estimate–You Lie!!!!
I wish I had thought of this myself–blame my catching the flu (yes H1N1) but Thomas Joscelyn of The Weekly Standard made a very keen observation given the announcement today that Iran has been working on a secret underground nuclear facility. http://www.weeklystandard.com/weblogs/TWSFP/2009/09/about_that_2007_national_intel.asp According to senior administration officials, U.S. intelligence has known about this facility for several years, and yet the 2007 National intelligence report stated | Read More »
Time Has Come to Nationalize Apple Computer
Apple computer announced recently that it made over $1.23 billion in profits in just one quarter! This is an annual profit of $4.92 Billion dollars! Apple did this on sales of $8.34 Billion. That means for every dollar of sales 14.75% went to rich people who own stock Apple—not to the rest of America. Additionally, Apple spent 1.01 Billion in selling and administration costs! This | Read More »
Osama’s “Indecent Proposal”
In the movie Indecent Proposal (1993) a very wealthy man is mesmerized by the beauty of a married woman whom he observes dancing with her husband. He decides the woman, even though she is married, must be his– if only for one night. He offers the woman and her husband a million dollars if they both agree to let him spend one night with her. | Read More »
Gov’t Healthcare at Work: Tennessee Department of Health No Longer Confirming H1N1
Just recieved a robo-call from our school district (Hamilton County schools in Chattanooga). They are advising parents to keep kids at home if they exhibit flu-like symptoms, but they also stated that “The Tennessee Department of Health will no longer confirm whether students at a school have H1N1 (Swine Flu) Therefore, we as parents are going to be kept in the dark whether or not | Read More »
Doesn’t All Stimulus Need to be Government Spending? Apparently Not to China.
Does all stimulus need to be government spending? Apparently not. Bloomerg reports: China February Auto Sales Rise 25% After Tax Cuts In the article it states that: “China has halved retail taxes on small cars and drawn up plans to give out vehicle subsidies in rural areas to revive demand” and that “Consumers are regaining confidence because of the (Chinese) government’s stimulus policies,” Can the | Read More »
If GM collapses, it could be a good thing for some companies, states and workers.
Very interesting article in Forbes: Forbes Article on GM My opposing viewpoint: An end to GM would not be the end of the world. We are not going to have to walk to work. Other manufacturers will build our cars and trucks. In fact, business will grow for the other carmakers. Alabama, Kentucky, Tennessee, South Carolina and Mississippi–and Georgia to come–are the states where foreign | Read More »
Conservative Stimulus Package Forum (Update 1)
The Dems are proposing another stimulus package. This one will include spending for infrastructure (Roads, Bridges, etc.). However, it is also becoming apparent that it will include aid to keep big State/local governments big, and aid to bailout corporations. What would conservatives propose? Add your proposals. I will add the good ones to the list. Since I hope this will be a forum, let me | Read More »
Obama Got Fewer Votes than Kerry in Ohio
CNN has a report showing only either no or only 1/2% increase. Also: OHIO Ohio’s population has risen and the number of registered voters this year is 211,000 higher than in 2004. Obama received 2,708,988 votes in Ohio this year. Bush got 2,859,764 votes. Kerry got 2,741,165. Yes, Obama got FEWER votes than Kerry in Ohio!! Pennsylvania Total voter turnout in PA in 2004 was | Read More »
Coal Workers Unite!
Obama wants to kill the industry! Obama plans to “bankrupt” those electric companies that use coal and with it coal producers. Contact your friends who are in the coal industry, have UNION workers call to ask United Mine Workers to drop Obama endorsement. Make sure when they call to specify their local union number and which union they belong to (Unions only listen to their | Read More »
Keep Up the Obama Wanted Supreme Court to Redistribute Wealth–Its working!
Do not become side-tracked! At a booth today, a get-out-the-vote group was passing out red bands to Republicans and blue bands to Democrats. I was discussing Obama’s view that it was a tragedy that the Supreme Court did not redistributed wealth when a person came up and the lady asked which band he wanted and he said: “I thought I knew but now I don’t” | Read More »
LA Times Source Must be Affraid for Life
The LA Times is claiming the source did not want the tape revealed. Then why did the person send the tape in the first place? He/she must have thought this tape was important but didn’t want it aired because of possible retribution from the PLO. So we should demand a full transcript and limited audio of the key parts of the video without being able | Read More »
Boost to Economy: No Taxes on Earnings Paid to 401k/ Pension Plans
But aren’t 401K and pension funds untaxed now? You as an individual don’t pay any tax on these earnings (until withdrawn) but the corporation must pay a tax on these earnings even if they are going to your retirement fund. This means that right now every worker who is saving for retirement is being taxed at a marginal 35% rate! (higher if Obama is elected)! | Read More »
Democrats, Fannie/Freddie Spread $1 Trillion in Wealth. Do You Feel Richer?
Democrats directed Fannie/Freddie to provide $1 Trillion in affordable housing to low-credit borrowers. This effort spread the wealth to those without good credit backgrounds. Simple question for McCain to ask: So how has it worked? Do you feel richer? Is America richer? Is America Better off? Are workers better off? Are we off when the government gives preferential treatment to those with bad credit (for | Read More »
Would the Last Honest Journalist Please Turn Out the Lights? (Media Cover-up of Democrat’s Financial Scandal)
Would the Last Honest Journalist Please Turn Out the Lights? (Media Cover-up of Democrat’s Financial Scandal). Great article: Media Cover-up Link
UPDATE: Now Russia, Iran, and Qatar Plan to Reduce Natual Gas Output to Drive Up Prices
UPDATE: Now Natural Gas prices will be going up!!! Russia, Iran and Qatar appararently have agreed to form cartel like OPEC for Natural Gas production. I do not believe this is an accident. IMHO, this is a deliberate attempt to force the U.S. into an economic depression so that our influence in the world is reduced and Russia can again exert influence. Economic War Declared | Read More »