Another website is posting secrets al la WikiLeaks. I've never supported the leaking of national security information, but our government labels everything national security whether it is or not, and the vast majority of it is not.
TAX AND SPEND:
Eric Cantor pulls out of Biden's budget talks because Obama is intent on raising taxes. I'm happy he's taking that stand.
"The group has been meeting almost every day this week -- and weekly since May -- to strike a budget reduction deal that would garner support for a vote in Congress for raising the nation's $14.3-trillion debt limit by Aug. 2. Failure to do so would lead to a catastrophic federal default, experts have said."There's those not-very-expert experts again. More Republicans follow. The mainstream media calls this shrewd move a bold gamble. Like betting against the Buffalo Bills in the Super Bowl is a bold gamble. This is quite the statist analysis.
I'm all for tax cuts, but this fantasy that tax cuts minus spending cuts and Fed policy changes changes anything is wrong. Government spending is our problem. Phony interest rates are our problem. Trading lower taxes for higher debt purchased by the Fed is not change. It's smoke and mirrors. The Reagan economy boomed because Volker raised interest rates, suffered a sharp recession which wiped out malinvestment and increased savings, and the resulting capital formation boosted the real economy. The Bush economy boomed because artificial credit increased thanks to the Fed's artificially lowered interest rates, and the result was a the bust we're still suffering from.
As I understand it, to tax means to take money from and to subsidize means to give money to. Isn't the phrase tax subsidy an oxymoron?
REGULATION:
FTC poised to attack Google. You can bet Microsoft and others are behind this attack. Competition doesn't matter any more. Political connectedness rules, and Microsoft has been sleeping with the government for decades before Google climbed in bed.
FEDERAL RESERVE:
Here's the expert of experts, who's always wrong, Ben Bernanke:
"Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard by recent signs of deterioration in the economy. And he said the troubles could continue into next year."We don't have a precise read on why this slower pace of growth is persisting," Bernanke said. He said the weak housing market and problems in the banking system might be "more persistent than we thought.""How often do the American people have to see the fatal conceit of central planners on parade before we take our country back from our destructive government?
GLOBAL WARMING AND ENERGY:
Even though oil prices have been going down, the UN is coordinating the release of oil from strategic reserves including the US. Obviously this is a political move on Obama's part. He's correct in thinking people are blaming him for high oil prices, and of course every lever of power the government controls like the strategic oil reserve is used for political gain. But this isn't a blip as this guy suggests. He could slowly drain the reserve until the 2012 election, and he probably will. Speculators will bet on that, and it will affect real prices for as long as he's manipulating supply. Or maybe I'm mistaken. Oil futures crawl upwards in asian markets.
WAR ON DRUGS:
New study shows a large percentage of people who die in traffic accidents have drugs or alcohol in their system. The study does not address the role government ownership of roads, drug and alcohol prohibition and the government's declining economy play in increasing the number of fatalities. If government taxed us then provided a "free" buffet for all Americans, and it continued to ban, highly regulate and tax alcohol and drugs, the food would be low quality and expensive, but I imagine many Americans would die in line at the overcrowded "free" buffet because, just like roads, there would be no marginal cost for going there or going back for seconds or thirds. There would be constant fights, construction, wrecks in the parking lot, police beatings, etc. And lots of the people who died would have alcohol and drugs in their system. Naturally, people would blame them instead of the government which created this horrific, unnatural situation.
POLICE STATE:
TSA ratcheting up the use of nude-scanners.
If there's one place you would think central planners could get it right, it's in recruiting the police who enforce the central plans at gunpoint. But they can't even get that right. Police academy grads are having trouble finding jobs. This is good for every American except those who thought partnering with the police state was profitable.
"Enrollment policies in police academies have generated oversaturation in the law, Kammer said."Oh thank God.
WAR:
Democrats unhappy with the pace of the Afghan withdrawal. So am I. Somebody has a way overinflated opinion of Barack Obama. Obama really tore up those Republicans in 2010, didn't he? Obama falls deeper into bin Laden's trap.
POLITICS:
Ron Paul schedules June 30 money bomb. Four years ago, the Paul campaign didn't do anything like this. His supporters scheduled money bombs and he rode the wave. This year he's trying to capture the wave. More power to him. Four years ago he was bringing ideas to the people few had heard before. This year he's building on that campaign in a serious attempt to win.
So I'm looking at my Google aggregator page, and I see all kinds of news about the economy, the war, the budget, terrorists, etc. But the headline that stands out is:
"Obama touts efforts to advance gay rights"There's that laser-like focus on jobs for you. I understand gays are oppressed slightly more than the rest of us, but in a country with an economy collapsing under the weight of government, rampant crime being fed by government aggression, and American troops killing people all over the world and having Americans killed in retaliation, can't we put those things ahead of dealing with lack of gay marriage? Isn't life and death more important? Isn't the collapse of the US as we know it more important? I want to put an end to government's control of marriage as much as anybody, but I think ending murder and impoverishing Americans should be a higher priority. This is all about politics and fundraising for Obama. He hasn't done anything for the gay community since he took office except enabled them to kill and die in wars out of the closet.
Wiener as a typical example of the scum government attracts. The only reason his fellow aristocrats ousted him is he got caught. He threatened to expose all of them for being as bad or worse. But voters always vote for the people who lie to them best.
"I have had two confrontations with Weiner over the years. They were over welfare and warfare policies, the bedrocks of big government. And I can say that Weiner is the rule, not the exception, of American politics."Power-hungry perverts all. We demand they be dishonest. Is it any wonder they're perverted in other ways?
MISC:
In praise of shellfish.
1844 speech rails against government's favoritism of corn farmers and by doing so exposes the political motives behind crony capitalism and all market interventions by government. Simple and powerful. This could well have been written yesterday about any other product.
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