Monday, June 04, 2012

Free kibbles

RIGHT TO KEEP AND BEAR ARMS:

Hugo Chavez bans guns.

SOCIALISM:

The survival of coercive unions is at stake in Wisconsin.
"Public-employee unions in Wisconsin have experienced a dramatic drop in membership -- by more than half for the second-biggest union -- since a law championed by Republican Gov. Scott Walker sharply curtailed their ability to bargain over wages and working conditions."
Government workers are the last bastion of coercive unions. If Walker wins, their days are numbered. Of course, their days are numbered anyway because they won't survive the collapse of our economy.

TAX AND SPEND:

This article is confusing. First it says:
"Glenn Hubbard, an economic adviser to GOP presidential candidate Mitt Romney and former George W. Bush official, appeared to channel President Barack Obama on Sunday during a discussion about the former Massachusetts governor's tax plan.
Speaking with CNN's Fareed Zakaria about shifting taxes to reduce the deficit, Hubbard said "The bulk of the adjustment [should] be borne by upper income households." Romney was willing to "put everything on the table," Hubbard continued."
Then it says:
"According to Hubbard, Romney would focus on cutting marginal tax rates to the levels proposed in the Bowles-Simpson plan in an effort to spur economic growth. The rest of the deficit reduction would come by broadening the tax base, he said."
So which is it? Cutting taxes or raising taxes? Then it says:
""For Medicare, [Romney] said that he would support a move to more of a premium support system which would limit Medicare support, particularly for more affluent seniors," Hubbard explained. "For Social Security, he's talked about delaying the retirement age and slowing the rate of growth of benefits for upper income people.""
Talk about worthless comments. This guy is a consummate politician.

Mark Steyn compares Europe to the US.
"In the twilight of the West, America and Europe are still different but only to this extent: They've wound up taking separate paths to the same destination. Whether you get there via an artificial common currency for an invented pseudo-jurisdiction or through quantitative easing and the global decline of the dollar, whether you spend your final years in the care of Medicare or the National Health Service death panels, whether higher education is just another stage of cradle-to-grave welfare or you have a trillion dollars' worth of personal college debt, in 2012 the advanced Western social-democratic citizen looks pretty similar, whether viewed from Greece or Germany, California or Quebec."
This is another great column from Steyn.

FEDERAL RESERVE:

This is a terrible statistic.
"Our broad and preferred money supply metric — TMS2 (True "Austrian" Money Supply) — posted another double-digit year-over-year rate increase in March, this one coming in at 14.5 percent. That makes 40 consecutive months of double-digit year-over-year rate increases. To state the obvious, we are in the midst of a monetary explosion."
Bernanke will likely end up being the most hated man in the US since Lincoln. Here's an interesting analysis that might help with predicting Bernanke's super-bust:
" Note the deceleration in the money supply beginning in the back half of 2003 and its precipitous decline thereafter, knifing through the 10 percent mark in the second quarter of 2004 on its way to a trough low of 1 percent in the third quarter of 2006. Shortly thereafter, the subprime crisis was upon us. Roughly 18 months after that, the Great Recession "
Eighteen months after the trough. Stocks peaked in 2007, about one year after the trough.

EDUCATION:

Corruption at Harvard Law School touching Obama and several of his appointees.

GLOBAL WARMING AND ENERGY:

I don't want hospital personnel to spend one nanosecond worrying about going green.

EPA performs dangerous, unethical health experiments on humans.

POLITICS:

Romney picks Obamacare supporter to run his White House transition team. Shouldn't he win the election before he worries about a transition team?

More on the Republican establishment's physical assault on Ron Paul supporters in Louisiana.
"The re-formed convention, however, was not recognized by the LAGOP hierarchy, which went on to select its own delegates. Paul supporters also selected their own delegates, claiming they had a clearly established majority. There was no resolution between the two groups."
So it isn't over yet.

Obama's in trouble with his base.
"There’s a cancer in the presidency called Barack Obama. We have a psychopathic megalomaniac occupying the White house who could be compared to Nero, Caligula, Stalin, or Pol Pot in his disdain for human life."
I'm glad to see some liberals recognize this.

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