Thursday, May 28, 2009

Free kibbles

UN Security Council entertains tough sanctions on North Korea. As promising as these sound, it's most likely the final package will be weak and useless. Japan considers developing nuclear arms in response. The brainwashed people of North Korea aren't as brainwashed as this guy thinks if they're trying to escape.

Am I the only who is skeptical of China's "vexation" with North Korea? I suppose to some extent it's true, but if China wanted NK to end its nuclear program, it could make that happen. Since it doesn't make that happen, the only reasonable conclusion is that China doesn't want that to happen. China blocks or waters down to the point of uselessness every attempt end NK's nuclear program. China provides the material support necessary for NK's nuclear program. Talk's cheap. It's pretty clear from China's actions that it wants NK to continue provoking us, distracting us and making us waste political, economic, diplomatic and military resources dealing with NK.

On the other hand, I'm sure China doesn't want NK to be so provocative that we'll actually take action. It's vexed because NK pushed too far. "I'm less interested in stability than in having a denuclearized Korean peninsula." Why hasn't that always been everybody's position? Exploding nuclear bombs could lead to real retaliation from the US. China wants NK to walk the fine line where it squanders our resources, but it doesn't want NK to cross the line where we'll actually do something about it. We need to change our posture toward China from grateful to pressure. Of course, since we're in hock to China (and they're worried about owning so much US debt) up to our eyeballs because of the irresponsible government spending of both parties, we can't do that very well.

Lord Geithner to press China to expand welfare state so the Chinese people will save less money and the US can compete. You can't make this stuff up. Unbelievable. Even more unbelievable is that the Chinese suffer such a significantly smaller burden of government, and therefore have significantly greater freedom than Americans. And Lord Geithner is trying to get the Communist Chinese government to be more oppressive like the US government. Maybe Lord Geithner should consider reducing the burden of US government. Naaaa.

Geithner is trying to stop China from sending us inexpensive products. The result is we'll have to pay more for products, meaning all of us will have less money to spend. I.e., we'll be poorer. I'm telling you, Obama and his allies are trying to harm us all, and they're doing a fantastic job so far.

In yet another power grab, Obama prepares single regulator plan for banks to send to Congress.

Mortgage problems and foreclosures hit record high. Mises points out that mortgage problems are expected to continue to grow. We haven't turned this economy around yet.

The First Leftist tells a story of how people like modern leftists hijacked the French Revolution from classic liberals, fomented madness and offers lessons for today.
Now who is opposed to liberty or progress or any of the various other desirable ideals that government officials claim will result from their "unselfish programs for the people"? Probably no one. Thus do the people tend to accept almost any idea — communism, socialism, imperialism, or whatever — if those ideas are advanced under attractive labels such as freedom from want, defense against aggression, welfare, equality, liberty, fellowship, and security. Since most of the world today still suffers from this disease of "word confusion," it is hardly surprising that the French people in the 1790s were also misled by the same device.
How familiar does that sound?

Now government ownership of GM could reach 69 percent. As terrible as that sounds, it's even worse than it seems. What do you think the government will do to other car companies with the temerity to compete against a nationalized GM? Yeah. Government won't only finish destroying GM. It will destroy our entire domestic automobile industry.

I sincerely doubt this idea of adding a national sales tax on top of the taxes we already pay has any legs. We just saw the Tea Parties. We just saw even liberal voters reject more taxes in California. If Obama endorsed a national sales tax, his presidency would be over. He won't do that. Income tax revenue is down 44 percent, but don't expect government to cut back. Geithner to hand out tax credits to groups who put enough money in Democrat coffers. Tax credits don't stimulate the economy either. Tax and spending cuts stimulate the economy.

I don't have a problem with painting roofs in warm climates white. Even as a kid I asked why roofs in the south weren't white. Painting a roof in the south white would reduce energy bills.

Obama's so-called green jobs policy will kill 2.2 jobs for each job it creates.

I'm not so sure we all want a booming economy. I think President Obama wants a bad economy so he can continue to blame non-existent free markets and grab more power and punish Americans for our success. His tax and trade bill fits his desires perfectly.

Satire of single payer health care calls for nationalizing grocery stores. Don't give leftists any more crazy ideas.

Hospital worker forced to remove flag from cubical because somebody found it offensive. That person should have been fired. At least they allowed her to put it back up, but only after pressured.

Things are getting dicey between Obama and Biden. Biden lampoons Obama for his dependence on teleprompters, then makes joke about how he's going to get in trouble for the comment.

Peter Schiff, probably the most famous broker who predicted the current crisis and who made money off of it, on CNBC where he discusses the idea of decoupling - that the world economy is not only no longer dependent on the US economy, but in fact is stronger than the US economy which has become a drain on the world economy. Schiff follows up with a video report explaining his position and discussing his predictions for the future. They're bleak for the US. He recommends getting out of the US stocks, bonds and the dollar and going overseas and into gold.

Reason does a fine job of laying out the contradictions and complications with developing a position on abortion. I would have answered the question with "neither".

Prohibitionists develop bogus statistic to support cocaine prohibition.

Reason says the California aristocrats refuse to make a case for big government, instead settling on attacking the proponents of small government and scaring the public.

Obama says if he can't pass the destruction of the American health care system this year, it'll never pass. Woohoo. We only have to defeat it this one year.

Despite stats showing most car dealers donate to Republicans, even a liberal blog acknowledges mounting evidence that Obama is targeting car dealerships of Republican donors to shut down.

Are the voters in Britain throwing out their elected officials over petty corruption or general frustration? Petty corruption provides easy targets for frustration. It is twisted that in America this kind of stuff would be completely ignored because we've become so complacent about the culture of political corruption.

The Fed bought $59 billion in US government securities last week. Another way of putting that is the Fed monetized $59 billion of the US debt last week. China expressed concern about owning so much US debt too. This is what the Chinese greatly fear the Fed will do, and they did it right before Geithner headed to China to beg them to expand their welfare state. I doubt this was a coincidence. This was a threat. Dumb move, imo. China has a stronger hand.

Detroit law enforcement officials say jails are empty because police are so slow to get to reported crimes, they don't even report them, arrest anybody and they lie about them.
The main explanation is simple, according to the county's top two law enforcement officials: Detroit police are making fewer arrests, a dereliction so obvious it has led some Detroiters to conclude there's no point in even calling the cops.
...
"We tell the press that crime is going down," Worthy said. "It's not going down; it's going up, exponentially, and we have many fewer officers on the street. We need to acknowledge the problem."
Detroit is the poster city for the wreckage liberalism wreaks upon civilization.

Gay boy voted prom queen in Los Angeles.

Still hoping to be saved from the consequences of their actions, California aristocrats beg Obama to guarantee California's loans.

"Put the fun between your legs" is a cute slogan about bicycles unless your sponsor is SF Women Against Rape.

Israel continues to expand existing West Bank settlements. Every building that gets built in the West Bank makes it hard for Israel to ever abandon it. Israeli citizens and aristocrats know this. Clearly Israel has no intention of abandoning it. When Israel razes those settlements, it will finally be serious about peace. When the Palestinians disarm Hamas, we'll know they're serious about peace.

12 year old boy saves 2 year old brother, dog and 6 puppies from fire. Leave it to the 12 year olds to provide a light of hope. Not everybody is depending on others to take care of them yet.

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