Tuesday, July 17, 2012

Obama vs. Entrepreneurs

A politician does not make a businessman. Obama was nothing prior to his speech at the 2004 Democrat Convention, merely a community activist and non-practicing lawyer. His business and economic ineptitude is well established. He added another plaque to his wall with his “You Didn’t Get There on Your Own” comments.

Assuming we give him the benefit of the doubt, his comments seemed to be along the line that someone or something helped the entrepreneur, like a road and airplane, a police office that gave him a warning instead of a ticket, a public school teacher that showed up to class most of time, a postage stamp to mail a letter of recommendation.

One does not necessarily need to be super smart to start a business, but one does need a good idea, a competitive advantage, an ability to execute on that idea, some financing, and lots of hard work and long days.

There are some things only a government can do -- military, regulate commerce with foreign nations, establish a uniform rule of naturalization, coin money and deal with counterfeiting, establish post offices, etc. The role of entrepreneur is not one of them. The President pretending he knows what it is like to be an entrepreneur is just pathetic. He is delusional to think that man needs government to succeed.

He would never even consider the fact that entrepreneurs would be even more productive, more people would attempt to start their own business, and that success would be greater if government was less intrusive in the process.

Only a demented person would talk off teleprompter on a topic he knows absolutely nothing about.

Monday, July 16, 2012

Romney Speech Highlights NAACP's True Colors

The media roar has mellowed after Romney's speech at the NAACP convention last week (instead it has opted to hammer him about his work in the private sector.)

The NAACP may have started out as a viable, meaningful organization, but its usefulness for those it claims to aid has all but disappeared.

Most racism in America is kept alive by organizations and leaders who benefit from racism. NAACP is no exception. Having Romney speak at its convention is a sham to begin with. Those members and participants have no intent to consider the policies he and the Republican Party espouse. Obama will still get 90% of the black vote because a) he is black and b) because he promises things they like to hear (which only benefits the black leaders and continues to enslave the black people.)

The NAACP does not represent the mindset of the average black voter. It is nothing more than a liberal entity that benefits from big government spending. It has no intent in solving America's racial inequality problems. Doing so would make them all get real jobs. It only benefits if black people are dependent on government programs.

The programs Romney and non-liberal organizations would like to implement to address healthcare, education and jobs in black communities get booed because they are the opposite of those favored by tax and spend liberal politicians and the organizations they mutually support.

It was a good speech, perhaps Romney's best. The end result was to see the NAACP's true colors as an organization that only desires continued racism, which it helps keep alive.

Friday, July 06, 2012

Unlimited Bailout Authority - Government Overstep

When the Senate passed its disastrous financial grab act in July 2010 known as the Dodd–Frank Wall Street Reform and Consumer Protection Act, it did nothing but add massive bureaucracy and certain inefficiency that will create more harm than good.

Like all big government programs, the intent was well-intended but it overstepped the roll of the federal government and what is outlined in the Constitution for it. Consider the following three entities from Dodd-Frank:

Consumer Financial Protection Bureau (CFPB) -- an agency that started in July 2011, has a stated purpose of regulating consumer protection in the U.S., namely dealing with credit cards, mortgages, bank products and services, private student loans, and other consumer loan complaints. It is an independent unit located inside and funded by the Federal Reserve, with interim affiliation with the Treasury. There is no Congressional oversight. In other words, they can do what they what, when they want, and there is no real recourse.

Office of Financial Research (OFR) is part of the U.S. Treasury Department. Its intent is to improve the quality of financial data available to policymakers and facilitate more robust and sophisticated analysis of the financial system. The data it collects will be for the express benefit of the Financial Stability Oversight Council.

Financial Stability Oversight Council (FSOC) was established to monitor and ensure the stability of our nation's financial system. The Council is charged with
identifying threats to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States financial system. The Council consists of 10 voting members and 5 nonvoting members and brings together the expertise of federal financial regulators, state regulators, and an insurance expert appointed by the President.
This is an impossible task and bureaucracy personified. All it will do is give the federal government subjective control over whatever they want in the realm of finance and banking. Its meetings will not be open to the public because they will claim they will be discussing confidential items that will prevent destabilizing market speculation.

Every time government expands, all in the name of the public's well-being, it actually means less liberty and greater taxation. Dodd-Frank was no exception.

Thursday, July 05, 2012

He Has Refused to Pass Other Laws for the Accommodation of Large Districts of People

After enjoying another July 4th in this greatest of all nations, I relished in re-reading the Declaration of Independence. It reaffirms itself as the main document that states our unalienable rights of life, liberty and the pursuit of happiness. A divinely inspired text if there ever was one.

As we witness similarities between our modern Presidents and King of Great Britain in the mid-1700s, we see a "history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these states." Fact #3 of the Declaration of Independence states:
He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.
Today, like in colonial times, America has drifted away from a representational form of government to one of special interests driven by large money and its associated bribery.

Many of our elected federal representatives -- House and Senate -- have its constituencies in mind when they vote on laws. However, the voices of the majorities are more often than not ignored in favor of some feel-good policies and related laws that are beyond the scope of government and which are also un-fundable.

The right of representation is a citizen's main voice into government. When that voice cannot be heard, is usurped by legal wrangling or by an Executive that elects to enforce or not enforce the laws as he sees fit, our liberty is greatly demised.

Congress has figured out how to become a lesser branch of government. The three-legged stool that is our Constitutional government is significantly out of balance.

Fact #3 of the Declaration of Independence applies today as it did in the mid-1700s.

Monday, July 02, 2012

Walter Johnson: Baseball's Big Train

There are few athletes that can actually live up to the label "hero." Walter Johnson is certainly one.

Born in 1887 in Humboldt, KS, raised in Orange Country, CA, played his minor league ball in the West, and built his Hall of Fame pitching career in Washington DC, arguably without rival.

Barney began with the Washington Senators as a 19 year old in 1907, he spent the next 21 years into 1927 with the Senators throwing one pitch -- one of baseball's greatest fastball.

Washington was rarely competitive in those 21 years, winning the AL title only twice and the World Series once. His .599 winning percentage was only 118th place all-time, however his 417 wins places him in second place all-time behind Cy Young's 511, two records that will never be surpassed. Yet his demand for a trade or his desire to join another team was minimal. He was Nationals baseball for twenty years.

Like most baseball biographies, they are packed full of statistics. "Walter Johnson: Baseball's Big Train" by Henry Thomas, is no exception. Each chapter is basically a year of his professional life sandwiched between his formative and retirement years. However, what is amazing about Walter Johnson is less about baseball and more about quality of character.

By all accounts he was a model son, brother, husband, father, son-in-law, player, teammate, coach, and business partner.

In 1947 Frank Graham wrote "Walter Johnson had all the virtues commonly but not always truthfully attributed to athletic heroes: honesty, decency, dignity, thoughtfulness and a genuine modesty. A simple man, he was, a great man."

As I have read the stories of baseball's inital five inductees into the National Baseball Hall of Fame -- Ty Cobb, Babe Ruth, Honus Wagner, Christy Mathewson and Walter Johnson. Without a doubt, Walter is the most compelling and likeable, the one historical sports figure I would love to meet in the afterlife.

Greatness is found in all professions, in all cities, towns and neighborhoods. Walter Johnson will always be a fascinating figure in American history, albeit sporting history.