Friday, July 16, 2010

Free kibbles

SOCIALISM:

With Democrat jobs and majorities in both houses on the line, look for them to push destructive pro-union legislation.

ECONOMY:

We're not headed for a lost decade. The lost decade is in our rear view mirror. This decade will be worse.

The economy is way worse than corrupted government statistics imply.

Private sector companies are hording cash out of fear of the government.

Once city is creating jobs: Washington D.C.
"Washington is the only metropolitan area in which the number of advertised job vacancies in May (201,000) was greater than the number of unemployed (184,600), according to the Conference Board."
More parasitic jobs.

For nearly two weeks we've been hearing about great corporate earnings coming up, but now reality sets in: corporate earnings disappoint, and stocks are falling. As if America was a land of corporations anyway. As much as government policies steal from the small guy and enrich the big corporations, the US economy is still dominated by small businesses, and they're hurting.

Economists polled by this paper express optimism while lowering forecasts.
"Economists surveyed by The Wall Street Journal are more optimistic about the direction of the economy than the general public, though they are revising down forecasts for growth and jobs for the next 12 months."
You can't make this stuff up. If you ever needed a paragraph to show you how corrupt these government-funded economists are, how they are paid to tell people, including aristocrats, what they want to hear, this is it. Do you think they polled any economists from Mises University?

We are in the second dip of a double-dip depression. If you want to go back to 2006, you could claim we're in the third of a triple-dip depression, but with 2008 being the biggie, most people will think of it as the second in a double-dip depression.

REGULATION:

Chris Dodd admits the fatal flaw of central planners, but celebrates his central planning anyway. These aren't seven reasons to be skeptical of the bill; they are seven signs of how corrupt it is. This bill never had anything to do with making the financial system less risky and work better for consumers. It was always about transferring more of our power and wealth to aristocrats and Wall Street. Sen. Coborn explains the fraud:
"I asked [Goldman Sachs CEO Lloyd Blankfein during congressional hearings] point blank if he supported the financial reform bill. He said, "on the whole, financial reform is, absolutely is essential ... the biggest beneficiaries of reform will be Wall Street itself."
In other words, the CEO of a financial institution the majority spent months demonizing supports the bill that supposedly reins in his firm. Still, the bill's backers won't acknowledge the massive disconnect between their rhetoric and their legislative product."

That's because they're lying. They're professional liars. They lie without conscience.
"An even bigger problem than lending institutions that are too big to fail is a Congress the public views as too incompetent to succeed."
Let's twist this another direction. Congress wants us to think that firms which are too big to fail are too incompetent to succeed. Therefore this bill institutionalizes taxpayer bailouts of such firms. If they're too incompetent to succeed, how did they get too big to fail? Congress made them that way by creating regulations that loot us on their behalf, just like this financial oppression bill.

Who made it possible to pass this bill?
"Massachusetts's Scott Brown and Maine's Olympia Snowe and Susan Collins"
These Republicans joined Democrats and undermined any attempt Republicans had to claim they opposed this bill on principle. Obama is laughing at all of us.

FEDERAL RESERVE:

Supposed free market guru Alan Greenspan wants to raise taxes by allowing the Bush tax cuts to expire.

EDUCATION:

Obama to once again corrupt school children forced at the point of a gun to sit in government schools with speech.

ENERGY:

I don't understand all the fuss over BP lobbying to release the Lockerbie bomber so it could drill for oil off the coast of Libya. All government power is for sale, therefore the power to release the Lockerbie bomber was for sale. I can't fault BP for trying to increase its profit. I don't even fault the aristocrats for selling the power. I fault the people for giving the government their power to sell to the highest bidder in the first place.

WAR:

Peace is scary. Peace is hard. It's a lot easier to call on prissy chicken hawks like Barack Obama and George Bush to send some other parents' children to die overseas than it is to live up to America's self-proclaimed ideal of the land of the free and the home of the brave.

ILLEGAL IMMIGRATION:

The federal government has blocked immigration agents from building communication towers on the Mexican border because of environmental regulations. You can't make this stuff up.

POLITICS:

Americans now rate government and politicians as the number one problem facing the country. They got it right again.

The hypocrisy of AG Holder.

What are the chances AG Holder will investigate claims his Civil Rights Department won't prosecute black defendants? Zero. Instead, he'll find a black Republican and prosecute him.

Have Democrats so overplayed the race card that's it's becoming irrelevant? Phony race cards like these have been played so often that they're becoming irrelevant, but real racism is far from irrelevant.

MISC:

Murdock's UK pay-wall a miserable failure. Of course it is. Information wants to be free.

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