Saturday, June 27, 2009

Obamaism Has Failed in Three States

Friday's WSJ Review & Outlook piece "The Albany-Trenton-Sacramento Disease" provides excellent insight into Obama's socialism plans.

New York, New Jersey and California are on the brink of financial collapse. After drunken spending of the 90s, the social policies based on rubbish logic have come home to roost.

All three states have some of the highest government spending per resident, embrace the 'tax the rich' liberal mantra, are buried in stifling unions, and have some of the highest health care costs per person in the nation. Add to this some whacked out climate and social laws, and you have fiscal nightmare.

When government takes over for the private sector, a la Hugo Chavez (Venezuela), Rafael Correa (Ecuador), Evo Morales (Bolivia), Cristina Kirchner (Argentina), it embraces ineptitude, corruption, huge costs and poor results. What government has been forced to turn a profit?

These three progressive state governments are based on heavy taxation and massive public-employee unions, have experienced huge job losses, booming deficits and debt, wage stagnation, out-migration and laughing-stock legislatures. They have all failed at astonishing levels.

We have three examples of Obamaism. As the op-ed state, those that live in these state can move out of these joke-of-a-states, but when Obama implements this antigrowth model across the entire country, what real options do we have?

Friday, June 26, 2009

Climate Bill -- Trojan Horse or Snake Oil

With regrets, the House passed the Waxman-Markey climate-change bill, 219-212. Mostly along party lines.

The American Clean Energy and Security Act has as its stated objective to create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy. Seems worthy but like just about everything the federal government does will be a massive failure at a huge cost.

Although last minute compromises helped tame the legislation, it will be an enormous burden to businesses, cost the average American more than was anticipated, and will do nothing to control climate.

I am all for good stewardship over our country. We should be concerned about pollution. I want energy Independence and security. But the whole man-made global warming is "the worst scientific scandal in history." It is based on a "new religion," not of traditional divinity rather environmental paganism.

Whereas other countries are re-evaluating the science and backing aways from massive legislation, America is steaming forward, based on erroneous information. The politicians in power have never allowed facts to get in the way of some doing-something-about-it-legislation.

Another sad day for America as we drift quicker and quicker into mediocrity.

Saturday, June 20, 2009

Iran Demonstrating Past vs. Future

I was a was college freshman in Southern CA when the so-called Iranian revolution took place. It was the catalyst in my interest into global politics. I subscribed to and read faithfully the LA Times (oh how they have fallen) and watched Ted Koppel as he began Nightline. There were many Iranians in So. Cal., including a few at the Orange Co. community college I attended.

The hard line religious zealots won. America became the great Satan. Ayatollah became part of the vernacular and the Grand Ayatollah Ruhollah Khomeini's face recognized by most.

Fast forward 25+ years and President Mahmoud Ahmadinejad has assumed his populist position and forced us to listen to his ranting diatribe. He operates under the direction of Ayatollah Khamenei.

Now nearly 30 years later, we have a second uprising; again lead by the young.
If the rebels on the street win, however winning is defined, they, being more modern and moderate than the ruling government, will likely have a moderating influence on their government. If the rebels on the street lose, however that is defined, this fact remains: Something has been unleashed, and it won't be going away. A thugocracy has been revealed as lacking the support and respect of a considerable portion of its people, and that portion is not solely the most sophisticated and educated but, far more significantly, the young. Half the people in Iran are under 27. When the young rise against the old, the future rises against the past. In that contest, the future always wins. The question is timing: soon or some years from now?
Time is on the side of the uprising, not on the side Supreme Leader Ayatollah Ali Khamenei and his incumbent politicians.

The real facts of what Khamenei and Ahmadinejad are doing with their militia are clear. They are murderous thugs. They are beating and killing for power. Defeated presidential candidate Mirhossein Mousavi has said he is ready for martyrdom. See photos (viewer discretion advised) and videos: Photo 1, Photo 2, Video 1, Video 2.

Thursday, June 18, 2009

Meaning of Conservatives As Largest Ideological Group

Gallup released a poll on 15 June 2009 entitled “Conservatives” Are Single-Largest Ideological Group.
Thus far in 2009, 40% of Americans interviewed in national Gallup Poll surveys describe their political views as conservative, 35% as moderate, and 21% as liberal. This represents a slight increase for conservatism in the U.S. since 2008, returning it to a level last seen in 2004. The 21% calling themselves liberal is in line with findings throughout this decade, but is up from the 1990s.
So what does this mean? The fact that the Republican Party leaders and elected officials -- the traditional and should be ideological home to conservatives -- have no idea who their constituency is.

Many conservatives have abandoned the Republican Party for fringe parties that never win elections or belong no party as all (that'd be me). They have done so because the Republican Party has abandoned them on most issues.

As I recently visited with some relatives in Tennessee, we all concluded that if the Republicans ever want to resume power nationally and set the national agenda, they must embrace all of the conservative values.

If the Party can win back most conservatives, many of the moderates will have to choose between liberalism, socialism, communism, authoritianism and fascism, that being the current Democrat Party leadership -- not the Democrat Party as a whole, just their leaders and key policy wonks (the lowest ideological base in the nation).

This pole should open up the eye of the Republican Party leaders. Conservative ideology is what will win national elections, not middle of the road, fence sitting moderates. America is not ideologically liberal. They were hoodwinked by a fascist -- a wolf in sheep's clothing.

Monday, June 15, 2009

Authoritarianism Is Almost Impossible to Reign Back

The WSJ is one of the few MSM outlets that is examining the consequences of federal government intervention into the economy. The Obama administration claims the cure is worth it. I doubt it.

Hundreds of billions for money market guarantees through the Fed, mortgage-based securities holdings through Treasury, bank guarantees through the FDIC, equity investments in banks by the Fed, commercial-paper loans to companies, life insurance company owner, two car company owner, credit source for car buyers, the list goes on and on.

Government spending is often evaluated as percent of GDP:

-- at or below 10% prior to WWII
-- over 40% during WWII
-- around 20 percent since WWII
-- around 30 percent now, heading upwards.

What's wrong with this analysis is that GDP has increased year by year, more or less. If government becomes too burdensome, especially at the levels we see, GDP will not continue like it has. Fifty, 75, 100 percent governbment spending to GDP, a la Japan, is realistic with this leadership and direction.

The drastic and rapid actions Obama and his Democratic Congress have taken since January, all in the "best interest of the American people," have been done under the auspice that "the cure is better than the disease" and there are "some entities that are too big to fail.

Obama and the Presidency has been given broader powers as if the 'king' knows what's best for his subjects. We have seen this through 200 years of fascist history. We see it today in Venezuela, Russia, and Argentina. Authoritarianism in the USA has been ramping up for years, regardless of the party in control. Obama is just ratcheting it up to out-of-control levels.

Once power is yielded to the executive branch, regardless of why, it is tough to get back. It is unlikely this will ever be reigned in. America has embraced socialism, against the will of the people. The reason is that most have no idea what this means -- there are not enough informed voters to change this fact. Obama won on the backs of the ignorant and the self-absorbed, with a little help from idiotic Republican insiders. The freedom we have known for over 225 years, is gone, never to return in most of our lives.

Saturday, June 06, 2009

Rising Gas Prices...All About Inflation

Prices at the pumps continue to increase. Demand continues to be down, flat at best. Oil barrel production is stable. Oil refining is a down. The dollar is weak and will continue to weaken. The USA's credit risk increases.

The Obama/Geitner monetary policies over the past 5 months are inflationary. $3 per gallon will be here in a couple of months; $4 per gallon in 2010; $5 gallon after that.

When you spend trillions you don't have and print money like there's no tomorrow, inflation is the reality.

For all the goodwill associated with Obama, his disastrous monetary and fiscal policies should sink him. It is sinking America. It is making America just another big country with a crappy government. Sad to witness. But Americans apparently want mediocrity; they voted for the posser.

Tuesday, June 02, 2009

MLB All-Star Ballot

Participated in my annual MLB all-star voting today.

They make it easy to vote...up to 25 times with your email address. You can actually vote 25 times with each unique email address. I keep mine on the up and up.

Most of my picks are solid (see right). I did pick Votto over Pujols -- my lone Reds pick (my favorite team). They'll both make it; Pujols, the best player in baseball, getting the start.

The MLB all-star game, scheduled for 14 July, is the only professional all-star game I actually set aside time to watch.

Two Sides of the Abortion MD Slaying

Not my favorite topic but I have not yet heard the MSM discuss the motivation behind the slaying of Kansas abortion MD, George Tiller. They are all afraid of discussing how the accused murderer, Scott Roeder, justified his criminal action by taking one life so thousands of others can live (so the argument goes).

We hear the detectives state how they "will investigate this suspect to the Nth degree -- his history, his family, his associates." Okay. To what end?

The way this is being covered is ensuring all anti-abortion folk are on trial.

Those that perform late-term abortions have always be targeted. They know they are targeted. The government knows they are targeted. What will happen now is that millions and millions will be spent on investigating and infiltrating anti-abortion groups hoping to stop the next possible slaying. Point is, this is very rare. It is not in the best interest of anti-abortion groups.

Anti-abortion people see abortion as murder. Pro-abortion people see it protecting a woman's rights and an unborn child's rights are trumped by a woman's rights.

Bottom line is that Sunday was a sad day for two families. This one act is not going to solve the issue, only make polar opposites even stronger in their beliefs.

All crime has motivation, no matter how insane, but let's at least talk about the motivation of the other side. (Wasn't it Nephi that did something similar?)

Monday, June 01, 2009

GM Bankruptcy: What Can Be Salvaged?

GM's failure is a sad day for many. The pain is felt by many...

-- The management team that saw a once great business turn from a car supplier to a health insurance firm is now a failed entity (and team).
-- The tens of thousands of employees who temporarily lose their livelihoods need to start over.
-- The communities that lost a major employer and the flow of cash for homes, services, food, goods, etc. may never recover.

Bankruptcy has its merits but much less with the involvement of the federal government. As citizens, it is a company few would invest in, yet our elected officials have decided it is worthy of the investment. Plants will close. Dealers no longer supported or supplied. Product lines will shrink. Used car market and parts for obsolete brands very limited.

The Bush administration started this bailout with billions. Obama continued it in his first 100 days and now is completing the takeover with billions more. To say GM is a cash devourer is an understatement. The UAW will still see a decent pension (although it fund has all but dried up) and health care deal out of this; the investors get the shaft. How come Congress has had no part in this money pit?

As the new overseers of a car company, will the feds decide to force Americans to buy GM cars with government-subsidized discounts? Will those cars be green cars with lawnmower engines. In other words, will it build cars people want to buy or will it build cars people are forced to drive? How many GM cars will people not buy out of spite?

The Obama administration claims no desire to be a long term GM owner and overseer, but what will force it to get out? Will the government get so ingrained in GM that it will become at part of the Department of Transportation -- Manufacturing Division?