Wednesday, February 24, 2010

Free kibbles

SOCIALISM:

Report to President Obama explains the problems with unions:
"The weight of evidence indicates that, for most firms in most sectors, unionization leaves companies less able to compete successfully. The core problem is that unions cause compensation to rise faster than productivity, eroding profits while at the same time reducing the ability of firms to remain price-competitive. The result over time is that unionized firms have tended to lose market share to non-unionized firms, in domestic as well as international markets."
Obama knows what he's doing. He's harming us on purpose.

TAX AND SPEND:

How the stimulus boondoggle increased unemployment, contrary to that bogus CBO report.

Obama spending our tax dollars promoting the census on fortune cookies.

Why are we building a $1 billion embassy in Great Britain? Don't we already have an embassy in Great Britain? This sounds like another welfare program.

""It shows that the working people are totally against the government's austerity plans," Mr. Anestis said. "We understand the difficulties in the economy, but the average worker can't give anything more. If the EU wants more measures, the rich and those who evade taxes should pay for it.
Demonstrators held colorful banners with slogans like "Keep your hands off our benefits""
This is what the welfare state has bred. Let it collapse so they can purge that welfare state mentality and rebuild a productive country. A bailout will just lead to another, worse crisis.
"The new package that may come next week is likely to include an increase in the current value-added tax rate of 19%, more cuts in civil-service entitlements and higher duties on luxury items such as boats and expensive cars. Greece is also mulling a further hike in fuel taxes, while the EU has also asked Athens to cut one of two extra months of pay that public-sector workers now get over and above their normal 12-month salary—a move the government is resisting."
Public sector employees get paid for 14 months a year? Only government. Raising taxes on the rich push the rich to move elsewhere. It never works.

Small businesses cite taxes and government regulations as their biggest problems after slow sales. Who would have guessed?

13 Republican senators vote with Democrats to pass new stimulus boondoggle, taking $15 billion from taxpayers by force and using it to buy votes from the politically connected. Those small-government, free-market Republicans strike again.

FEDERAL RESERVE:

More on the bad effects of inflation.
"But managing one's retirement funds is a different matter entirely. It is an especially cruel result of inflation that instead of simply being able to hoard money, people must "invest their money into the financial markets, lest its purchasing power evaporate under their noses," explains Jörg Guido Hülsmann in The Ethics of Money Production. "Thus they become dependent on intermediaries and on the vagaries of stock and bond pricing.""
But the financial companies reap huge rewards. It's a transfer of wealth.
"The typical stockbroker went from selling shoes or cars to hustling stocks after passing the Series 7 exam. Your financial future is not his or her concern; generating sales commissions is. Of course there is plenty of free advice out there, from Jim Cramer to Suze Orman. But, you will likely get what you pay for. Finding good investments is very hard work. Buying them at the right price is even harder work. Having the patience to buy at the right time and sell at the right time is nearly impossible."
Inflation forces everybody to take on financial risk they have no skills to manage.

Dissension in the Fed as Philadelphia Fed chief criticizes Fed policy for becoming an agent of political policy instead of just an agent of the banking cartel. The Fed is afraid of scrutiny because if its irresponsible actions are made public, there will be an outcry for government to seize control of it. This would be worse than we have now, but not by much. The Fed has no way out of the economic crisis it got us into. We don't want government to control it. We want it abolished.

HEALTH CARE:

Spokesman Gibbs lies about Republicans health care plan being online.

Senior Canadian official explains why he chose to have heart surgery in the US instead of Canada. The short version: he knows enough about the Canadian system to realize the US is superior.

GLOBAL WARMING:

Senator Inhofe wants to call Al Gore to the Senate to testify under oath about climategate. What did Gore know and when did he know it? Let's prosecute this fraud.

WAR:

Sec. of Defense Gates laments that Europe doesn't want to wage war or build weapons. Somebody once said NATO was a giant security welfare program and should be abolished. Who said that? It was me.

Breakdown of the world's military expenditures. The US spends 41.5 percent. But we don't get proportional value. Everything we buy is overpriced because of our uncompetitive procurement system. Still, we should spend a lot less.

ILLEGAL IMMIGRATION:

Analyzing hispanic incarceration rates is not a valid way of determining criminal rates of illegal aliens. Hispanic US citizens and hispanics who came here legally are fundamentally different than hispanics that broke the law to come here.

MEDIA:

Reason attacks Ron Paul and calls ending the fed a silly idea. This is bizarre. I don't see how anybody who supports a government backed monopoly on our money supply and central planning of our economy a libertarian.

MISC:

Libertarian victories in the courts. These are victories for the rule of law that happen to align with the freedom agenda, not activist decisions. Anybody who thinks these offset what we're seeing in the political arena is naive.

Four reasons people are easy to con by Al Gore and Barack Obama. Politicians are the worst of the worst. Grifters one and all. This wasn't written about political cons, but the application is obvious.

No comments:

Post a Comment