Wednesday, January 06, 2010

Free kibbles

SOCIALISM:

Barney Frank considers unconstitutional Fannie Mae and Freddie Mac to be public policy instruments.

ECONOMY:

Between the financial crisis and global cooling, 2010 could bring a food crisis to the US as well as the rest of the world.
"Early in 2009, the supply and demand in agricultural markets went badly out of balance. The world experienced a catastrophic fall in food production as a result of the financial crisis (low commodity prices and lack of credit) and adverse weather on a global scale. Meanwhile, China and other Asian exporters, in an effort to preserve their economic growth, were unleashing domestic consumption long constrained by inflation fears, and demand for raw materials, especially food staples, exploded as Chinese consumers worked their way towards American-style overconsumption, prodded on by a flood of cheap credit and easy loans from the government.

Normally food prices should have already shot higher months ago, leading to lower food consumption and bringing the global food supply/demand situation back into balance. This never happened because the United States Department of Agriculture (USDA), instead of adjusting production estimates down to reflect decreased production, adjusted estimates upwards to match increasing demand from china. In this way, the USDA has brought supply and demand back into balance (on paper) and temporarily delayed a rise in food prices by ensuring a catastrophe in 2010."
Look for Al Gore and his cronies to jump on this as the new reason to create one world government.

Global demand helps US companies profit.

TAX AND SPEND:

Baby boomers begin retiring this year. This just piles on our collapsing economy.

FEDERAL RESERVE:

Since Bernanke failed to detect and avoid the housing bubble, why would we trust him to detect and prevent the next bubble (the bubble he's creating right now)?

EDUCATION:

Is the federal government covering up a study showing its Head Start program isn't working?

HEALTH CARE:

I couldn't help busting out laughing at loud when Nancy Pelosi said this health care bill is the most transparent piece of legislation anybody in Congress had ever been involved in. That might have been the most transparent lie anybody in Congress has ever told. It's just stunning to me that the American people continue to vote for these psychopaths year after year after year. Their only talent is the ability to lie to the American people and get away with it.

As I pointed out, Obamacare will stifle innovation. Fortunately, it seems unlikely the Senate will pass as oppressive a bill as the House passed, so this won't drag us into a dark ages of health care as I feared earlier in the process, but stifling innovation will make Americans and everybody else less healthy.

GLOBAL WARMING:

Climate change happens.
"Over time climates do change. As author Howard Bloom wrote in The Wall Street Journal last month, in the past two million years there have been 60 ice ages, and in the 120,000 years since the development of modern man, "we've lived through 20 sudden global warmings," and of course this was before--long before--"smokestacks and tail pipes."

In our earth's history there has been both global warming and global cooling. In Roman times, from 200 B.C. to A.D. 600, it was warm; from 600 to 900 came the cold Dark Ages; more warming from 900 to 1300; and another ice age from 1300 to 1850. Within the past century, the earth has warmed by 0.6 degree Celsius, but within this period we can see marked shifts: cooling (1900-10), warming (1910-40), cooling again (1940 to nearly 1980), and since then a little warming. The Hadley Climatic Research Unit global temperature record shows that from 1980 to 2009, the world warmed by 0.16 degree Celsius per decade."

But Al Gore's disciples won't let facts get in the way of their agenda.

Spain's attempt to force the people to adopt expensive green energy, supposedly creating green jobs, has backfired as unemployment among the young has skyrocketed from 17.5% to 42.9%.

CRIMINAL JUSTICE:

The double-standard given to cops who kill innocents versus innocents who kill cops in self-defense.

WAR:

I'm a little surprised to see Cato advocating a real war on terror. They're usually overly pacifist. But in this case, they're wrong. The war part of the war on terror should be ended. We uprooted the military level threat from al Qaeda in Afghanistan in 2002. Now al Qaeda is just isolated groups of cells and not a military level threat. Intelligence estimates say there are fewer than 100 al Qaeda in Afghanistan and at most a couple hundred in Yemen. That's not a military force. Because we're still legally at war with al Qaeda, the underwear bomber should be treated as an illegal enemy combatant, he should be waterboarded to obtain information from him. But because freedom cannot survive a state of perpetual, Orwellian war, we should end the war and treat future captured terrorists as criminals. By continuing to expand this war into country after country and killing more and more civilians, we're creating more enemies than we take out. We should use intelligence personnel and mercenaries to take out al Qaeda in an intelligence war, kind of like the Cold War intelligence war. If al Qaeda coalesces back into a military level threat, we should declare war on it again, destroy that threat with the military again, then end it again.

FOREIGN POLICY:

The Iranians don't want to talk to John Kerry, and neither does anybody else.

POLITICS:

Cato flunks Obama on his first year.

When the going gets tough, hyper-corrupt Chris Dodd retires. Typical bully. He can dish it out, but he can't take it. This man deserves the contempt of every American. I hope he has to live out the rest of his life under rock. And I hope his ultra-corrupt buddies like Barney Frank, John Murtha, Harry Reid, Ted Stevens, Barack Obama, Rahm Emanuel and Lord Geithner and all professional politicians have to join him before it's all over.

MEDIA:

Chris Mathews calls radical socialist Saul Alinsky "our hero".

MISC:

Are Barney Frank and the Democrats planning to force states to register everybody they can to vote? This might push the secessionist movement over the top. The process of registering to vote is there to insure that only people who are engaged in the political process vote. Voting is already too easy in America. If we want more people to vote, we need to dramatically reduce the size and scope of government because right now everybody feels powerless because they are virtually powerless.

Google pushes for net neutrality. This is the way it always is. The biggest players in the market push for regulations because those regulations protect them from competitors, enriching them at our expense. Regulations are a transfer of wealth from consumers to the big corporations.

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