Europe Kicks The Can; Buying Time With Borrowed Money
“No one should take for it for granted that there will be peace and affluence in Europe in the next half century,” Chancellor Merkel. (HT:CNBC) Ka-Blam! The Eurozone is saved. They’ve found just the right drug cocktail of financial bailouts. The markets are all a screaming buy!1!1.(/sarcasm off) If only this were the truth. The reality here is that the Europeans will destroy a bunch | Read More »
You Can’t Rely On American Cars Because American Car Makers Rely On Bailouts
The Consumer Reports Company just rated the reliability of 28 makes of automobile from around the world. No American car manufacturer scored better than 13th in ordinal ranking. Ranked on a Lickert Scale from 1 to 5, Jeep, the best American competitor, scores approximately 3.0. No American car does better than average at staying in one piece. This raises a fair question: did we really | Read More »
Time And Reality Are Rhode Island’s Deadly Enemies
Time waits for no one, no favours has he Time waits for no one, and he won’t wait for me – The Rolling Stones (HT:Sing365.com) If mathematics were as linear as the passage of time, Rhode Island would have a public pension inconvenience. This sadly does not hold true. Interest on borrowed money increases debt in an exponential fashion. The promises made to older working | Read More »
#OccupyKStreet: It’s Where The 1% Really Are
“Wall Street has moved to K Street,” said Barbara Lang, president and chief executive officer of the DC Chamber of Commerce, referring to the Washington street that’s home to prominent lobbying firms. “Those two industries clearly have grown in our city.” (HT:Bloomberg.com) The misery index sums the unemployment rate and the inflation rate. It is probably economically and mathematically meaningless. However, it carries significant political | Read More »
Mitt Romney’s Ground Crew and The Clash of Stupid Federal Laws
When society bars business-people from making intelligent economic decisions arbitrage and unethical behavior will result. People respect illogical and unworkable legal decisions as much as they eagerly volunteer to drive new, electrical cars from Government Motors. They don’t. They run businesses that won’t. Businesses that try are frequently victims of their own code of honor and wind up in bankruptcy court. I certainly don’t praise | Read More »
Mitt Romney and The Advice of Evil Men
Once upon a time, on a totally non-political day, during a non-political speech amidst his taxpayer-funded and non-political bus tour, Mein Obama offered us the following non-political discourse. “The Republican plan says that what’s been standing in the way between us and full employment are laws that keep companies from polluting as much as they want,” Obama said in a speech at the regional airport | Read More »
Even #OWS Has A Point: Rent-Seeking In Higher Education
The #OWS movement has become like the Type II Diabetes of a customer at an all you can eat buffet. It won’t go away, and it has become accepted as a problem of everyday life now. A portion of this longevity can be traced to its political expediency to a media-favored and embattled incumbent president. Part of this can be ascribed to the tenacity and | Read More »
The 2012 GOP Primary – Over Before The First Shot Can Be Fired?
“He’s viewed as an almost inevitable candidate,” said longtime strategist Ed Rollins, who until last month managed the campaign of Rep. Michele Bachmann (Minn.), one of Romney’s opponents. “He’s the heavy favorite.” – WaPo. I hate the current Presidential Primary system. I find it to be a corrupt cesspool of disingenuous skullduggery, back-knifing and pretentious falseness. No wonder Barack Obama and John McCain could navigate | Read More »
#OccupyWallStreet as The Egyptian Revolution? It Might Be A Good Simile.
…the rational herdsman concludes that the only sensible course for him to pursue is to add another animal to his herd. And another; and another… But this is the conclusion reached by each and every rational herdsman sharing a commons. Therein is the tragedy. Each man is locked into a system that compels him to increase his herd without limit–in a world that is limited. | Read More »
The Party of Jefferson and Jackson without Mr. Jackson
“I am a Democrat but largely because I was born a Democrat. It was passed down by my father.” – East Liverpool, OH Mayor James Swoger. (HT: Selena Zito) The Democratic Party has been in business for nearly as long as The United States has been in business independently, rather than as a subsidiary of Great Britain, Inc. It has succeeded to continue on, despite | Read More »
Occupying Wall Street With Roseanne “Robespierre” Barr
I do say that I am in favor of the return of the guillotine and that it is for the worst of the worst of the guilty…I would first allow the guilty bankers to pay, you know, to pay back anything over $100 million of personal wealth because I believe in a maximum wage of $100 million. And if they are unable to live on | Read More »
The Potemkin Obama Revolution On Wall Street.
The Days of Rage are an Obama election rally, coordinated ahead of time to coincide with Obama’s own descent into class warfare. Which makes them a pro-government rally. – Eurasia Review A bunch of exceedingly wealthy Americans have raised an army. George Soros, The Ruckus Society, The Tides Foundation, and The Ford Foundation have poured their filthy lucre into the arming of deracinated, barbaric thugs. | Read More »
Obama Jumped the Shark by So Far That He Landed to Karl Marx’s Left
“In each variant of Socialism that appeared from about 1900 onwards the aim of establishing liberty and equality was more and more openly abandoned. The new movements which appeared in the middle years of the century . . . had the conscious aim of perpetuating unfreedom and inequality”; because the true goal was to end history upon becoming the perpetual High ruling class — composed | Read More »
Elizabeth Warren and All The Contempt That She Deserves.
There is nobody in this country who got rich on his own. Nobody. You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire | Read More »
Shiela Jackson-Lee Leaves Us All Speechless.
Recently, Congresswoman Shiela Jackson-Lee went on the air with Tavis Smiley of PBS. During her appearance she was kind enough to explain something to all those crazy conservative bloggers. “Shut up!” And while we’re all zipping the soup-coolers, we’re also supposed to lay off the racial politics. For those of us hoping for greater detail, we are still unsure as to whether we should “Go | Read More »