Archive for August, 2010
The Glen Beck Restoring Honor event came and went. There were easily half a million people at this event. It was a pleasure to attend and not without some pain as the temperature and humidity caused several to be taken away to be treated for heat exhaustion. Everyone in attendance will remember the day for the rest of their lives.
At 9:59 a flock of geese flew strait over the reflecting pond to the Lincoln Memorial as if to alert the crowd of the coming event. At 10:00 AM the show began. Sarah Palin was the first notable speaker delivering a speech in praise of three wounded warriors both physically and mentally.
The crowd was respectful and peaceful. For those of you who missed it here is a link to watch the event.
The only downer on the day was Dr. Alveda King complaining about “white privileged” and hoping it became “human privileged” at 2:03:20 of the video. I don’t know any white man that got a free pass in life. Blacks need to look in the mirror for the answers to their problems and stop blaming the white man.
Dr. Alveda King should praise God every day that she was born in America where the average black man makes six to thirty times more than the average impoverished black man in Africa. In some African countries the purchasing power parity is $300 a year which is barley above the $140 a year mankind survived on in the middle ages.
Skip ahead to 2:08:30 if you want to skip the build up to Beck and his speech. Skip ahead to 3:02:50 for the dramatic and emotional ending.
There is nothing more to be said but bless this woman ![]()
Apparently the Republicans and Democrats are in the same boat.
THEY DON’T GET IT!
The public is tired of having to choose between equally incompetent politicians on a vote.
This just happened in Arizona with McCain coming out smelling like a rose (HE THINKS … THE REPUBLICANS THINK). What we the people UNDERSTAND is again we are cheated with someone who is half-assed. This is simply another half-assed Republican willing to shift to ANY SPEECH that he can con the public with for a vote. We the people are suppose to believe all of a sudden McCain has changed his mind on the border situation?
Arizona was faced with a flaming liberal on one hand and someone ethics-deprived on the other.
This was another NO WIN for the public.
You know the propaganda police are out in force when the T-Shirt sellers are sold out of “Miss me Yet?” T-shirts. And what can you say? Unemployment was 4.4% under Bush. 5.5 million more people were working for America. What can you say?
I say Bush was the jerk that got his screwballs in the Republican Party to team up with the incompetent Pelosi and Obama in the (at that time) Senate to pass the ultimate poison pill condemning the United States of America to years of debt and internal strife. Yes the goof ball “Do you miss me yet?” progressive sort of guy functioned as the approval stamp for the poison pill sent up to congress and the senate by then Treasury Secretary Hank Paulson.

Now it is debatable if these (Goldman Sacks) geniuses knew what the fu.. they were doing but the result was the same. Their infamous 700 billion no strings attached bailout set the stage for Obama’s colossal $825 billion bail out fiasco.
These bastards knew what the f… they were doing; the financial equivalent of a (WWII) scorched earth policy.
Now can we fault Bush for realizing Obama and his trolls would be as stupid as to step right into the Keynesian sh..? When your opponent is so predictable do we fault people for taking advantage of that? Well yes we do when it is America and our taxpayers’ money at stake. Bush played a smart political game for the benefit of the Republican Party at the expense of the people in 2008. I hope America understands what bastards these Republicans are in 2012.
Vote Libertarian in 2012.
Darrell Issa’s office (congressman serving California’s 49th district) issued a scathing Republican oversight report charging the Obama White House has “used the machinery of the Obama campaign to tout the President’s agenda through inappropriate and sometimes unlawful public relations and propaganda initiatives.”
WOW! That’s a surprise isn’t it?
We have Obama groomed under the ever CORRUPT Chicago Political Machine doing something inappropriate or illegal?
The same corrupt Chicago political machine that produced a governor that was caught selling the Obama vacated Senate seat?
I can not remember a time in history when Chicago politics were NOT considered corrupt by the public.
The really irky thing about this situation is stimulus signs posted by DOT (Department of Transportation) can cost anywhere from a few hundred dollars to as much as $10,000 for a sign posted at Dulles Airport outside Washington, D.C.
Issa has called for a Government Accountability Office investigation into the legality of the Obama administration’s use of taxpayer funds to conduct “a propaganda effort” to promote the president’s partisan agenda.
We saw Obama spend most of his past stint in the Senate to campaign for President on the public dime. Now we are also being required to pay for his bid for reelection?
ENOUGH IS ENOUGH!
In response to Issa … Calvin L. Scovel III, the inspector general at DOT, made clear that DOT has agreed not to require ARRA signs to be posted. Instead they will just “encourage” that they be posted.
Does that come with a hidden “if you don’t that will be the end of your future jobs”?
More than likely.
After all that is the CHICAGO WAY.
Obama makes a First Amendment issue out of the ground zero mosque.
Why on earth would Obama roll into the muck of this skirmish like a Sherman tank when it was ABSOLUTLY NOT NECESSARY?
After the shock wore off it caused jaws to drop and heads to be scratches on both sides of the political isle.
Has he lost his mind?
What can he be thinking?
Perhaps he needs a hearing aid because clearly he CAN NOT HEAR/OR DOES NOT CARE what “we the people” think.
Two-thirds of all Americans oppose the mosque and Arizona’s immigration law.
To Bad!
This guys antics actually make me laugh out loud.
He is like some jokester who daily shoots himself in the foot.
I honestly have difficulty trying to wrap my mind around the behavior of someone who is so POLITICALLY STUPID. Apparently I am not the only one because O’Reilly is trying to figure out the same thing.
We all thought Biden needed a keeper?
Perhaps the dawn is beginning to set in on the whole thing.
Obama signed on for a 4 year joy ride?
Live and be happy at the tax payers expense?
Doesn’t matter what happens to the nation in the process?
He has already made connections and enough money to set him for life?
SCREW THE USA!
Who gets the Democratic campaign money this fall?
The antics of Pelosi, Reid and Obama have backed the Democrats into a corner.
They foolishly miscalculated the ire of the public who has been daily maligned by not only the media but Congress and Obama & crew.
The public is tired of the racial bullshit that crops up EVERYDAY.
They are tired of being ignored, of the debt being heaped on the young, and the bailout for those companies that are to big to fail.
The working class (the real majority of all persuasions) have been yanked to their feet and are ready to march on Washington.
It looks like the fools who ignored all of this will soon have their walking papers.
Good riddance.
So where should the Democrats put their campaign money?
Who will they try and save?
What desperate attempts will they make to save the 39 seats that hang by a thread?
Clearly they are stuck in a double bind.
It’s called “damned if you do and damned if you don’t”.
In the article below Michael Tanner discusses the stupidity of the Republicans, like our local Republican candidate Karen Diebel in Florida Congressional District 24, who stick their head in the sand and refuse to discuss Social Security in a rational manner with the voters. The solution for a rational plan that will be acceptable is one that is not controversial or complex.
Something as simple as personal accounts where the individual had to devote 5% of their gross income to the purchase of federal, state, local government bonds or AAA rated corporate bonds. That’s about as safe as a investment can get and frankly a lot safer than Social Security that is going bust in 2015 not 2019 as was predicted.
Pay off the over 55 recipients. Pay out over time the amount owed with interest to current contributers. Maybe a federal savings bond swap than can be cashed in by the individuals at their retirement date in the future. This would spread the obligation over time preventing a one time charge off for the program. The point is to keep it simple and stick to the plan.
Another factor completely ignored is the threat of inflation for Social Security recipients. With the Federal Reserve monetizing the debt, China favoring the Euro, and the monetary base blown up 162% the last couple of years its not a question of if but when we will get inflation. With bank lending up this last month another bubble could be just around the corner. Republicans need to explain to the public the danger inflation poses to the Social Security program and the importance of eliminating the program for the safety and security of their benefits. Not a easy sell.
Republicans need to show their cards. There is only three ways this game will end. They cave into the Democrats (again) and raise Social Security taxes from 12.4% to 18%. Benefits are cut dramatically or personal accounts are set up.
This article appeared on National Review (Online) on August 18, 2010.
by Michael D. Tanner
So, President Obama believes that Republican leaders are “pushing to make privatizing Social Security a key part of their legislative agenda if they win a majority in Congress this fall.”
To which one responds, “If only!”
There is no doubt that Social Security desperately needs reform. Social Security is already running a temporary deficit, and that deficit will turn permanent in just five years. In theory, the Social Security Trust Fund will pay benefits until 2037. That’s not much comfort to today’s 35-year-olds, who will face a 27 percent cut in benefits unless the program is reformed before they retire. But even that figure is misleading, because the trust fund contains no actual assets. The government bonds it holds are simply IOUs, a measure of how much money the government owes the system. It says nothing about where the government will get the $2.6 trillion to pay off those IOUs.
Michael Tanner is a senior fellow at the Cato Institute and author of Leviathan on the Right: How Big-Government Conservatism Brought Down the Republican Revolution.
More by Michael D. Tanner
Even if Congress can find a way to redeem the bonds, the trust-fund surplus will be completely exhausted by 2037. At that point, Social Security will have to rely solely on revenue from the payroll tax — and that won’t be sufficient to pay all the promised benefits. Overall, the amount the system has promised beyond what it can actually pay now totals $18.7 trillion.
Moreover, Social Security taxes are already so high, relative to benefits, that Social Security has simply become a bad deal for younger workers, providing a below-market rate of return. In fact, many young workers will end up paying more in taxes than they receive in benefits. And most important, workers have no ownership of their benefits. This means that they are left totally dependent on the goodwill of 535 politicians to determine what they’ll receive in retirement.
Benefits are not inheritable, and the program is a barrier to wealth accumulation. Lower-income families, African-Americans, and working women suffer disproportionately.
But Republican leaders, battered by the failure of President Bush’s reform initiative and years of Democratic demagoguery, show no signs of venturing back into this issue. In fact, the only senior Republican willing to support personal accounts these days appears to be Rep. Paul Ryan, who has included in his “roadmap” a plan to allow younger workers the option of investing slightly less than half of their Social Security taxes. However, it is telling that Ryan’s roadmap has just 13 co-sponsors, none of whom are among the Republican leadership.
Given their large lead in current polls, it is perhaps understandable that Republicans don’t want to risk offending voters, particularly seniors, by wading back into the Social Security thicket. But they are making a mistake.
From a purely political standpoint, if Republicans think that remaining silent on the issue will protect them from Democratic attacks, they are the stupid party indeed. The president’s comments should serve clear notice that Democrats are not going to let a simple thing like Republicans’ actual position to get in the way of a good political weapon. Senate Majority Leader Harry Reid has run television ads attacking his opponent, Sharron Angle, for wanting “to wipe the program out,” even though she’s made clear she wants to keep it. In Kentucky, Republican senatorial candidate Rand Paul is being criticized for remarks he made in favor of Social Security privatization — in 1998. There isn’t any escape.
Even worse, as a matter of policy, by taking personal accounts off the table, Republicans may be boxing themselves into a very bad corner. There are, after all, only three options for Social Security reform: raise taxes, cut benefits, or switch to personal accounts. While benefit cuts are defensible economically, they are not likely to prove any more politically popular than personal accounts, probably less so. Democrats are already organizing to fight any reductions. And, if Republican opposition to the Medicare cuts under Obamacare is any indication, no one should expect an overabundance of courage in fighting to cut Social Security benefits.
Therefore, if Republicans are not willing to embrace personal accounts, they will be left with … tax hikes, which has been the Democrats’ goal all along.
One reason the Democrats have been so successful in expanding the government year after year is that they have the courage of their convictions. They lose on an issue time after time, but they keep coming back until they win. Take national health care: After Hillarycare went down to defeat in 1993, the Left didn’t give up. And today we have Obamacare. Republicans lost on Social Security and curled up into a fetal position, begging for mercy.
Factcheck.org rates the president’s statement that Republicans want to privatize Social Security as “mostly false.” Before too long, we may come to wish that this time he had been telling the truth.
Michael D. Tanner is a Cato Institute expert on entitlement programs.
This article appeared in The Orange County Register on August 13, 2010.
When last we heard from Senate Majority Leader Harry Reid, he was proclaiming that there was no need to reform Social Security because the program “is on solid ground for decades to come.”
Well, apparently that’s true — if by “decades” Reid, D-Nev., meant “five years.”
Social Security’s trustees this month finally released their long-delayed report on the system’s finances. According to the trustees, who include President Barack Obama’s secretaries of Labor and Treasury, Social Security is actually running a cash-flow deficit today, spending more money on benefits than it takes in through taxes. Most of that deficit has been caused by the recent economic downturn and, hopefully, will be only temporary.
Michael D. Tanner is a Cato Institute expert on entitlement programs.
More by Michael D. Tanner
But regardless of how the economy performs in the next few years, the trustees warn that by 2015, just five years from now, Social Security will again start to run deficits — and this time they will be permanent. That’s a year sooner than predicted in last year’s report.
While, in theory, the Social Security Trust Fund will be able to pay benefits until 2037, the same as in last year’s report, that figure is misleading because the trust fund contains no actual assets. The government bonds it holds are simply a form of IOU, a measure of how much money the government owes the system, $2.6 trillion, according to the report.
Of course, no one is saying that the government will default on its obligations, but one might ask where the government will get the money to pay back that $2.6 trillion. It’s not as though the government has it laying around. To say that Social Security is fine because the Treasury will find a way to pay its debts is like saying you have plenty of money for your mortgage — as long as you don’t eat.
Even if Congress can find a way to redeem the bonds, the trust fund surplus will be completely exhausted by 2037. At that point, Social Security will have to rely solely on revenue from the payroll tax — and that won’t be sufficient to pay all promised benefits. Overall, the amount the system has promised beyond what it can actually pay now totals $18.7 trillion.
Not surprisingly, Reid and others have suggested that all of this could be fixed with a simple tax increase. They have suggested, for instance, taking the cap off the amount of income subject to the Social Security payroll tax. This would be the largest tax increase in U.S. history, and would give this country a higher marginal tax rate than, say, Sweden. And it wouldn’t come close to fixing Social security’s financial shortfall.
In fact, even if you took the cap off completely, without giving anyone additional benefits in exchange for the higher taxes, you would extend the date at which Social Security begins to run a deficit by seven years — to 2022. That’s not much gain for all that pain.
To actually “save” Social Security would require a 50 percent hike in the payroll tax, from 12.4 percent to at least 18 percent, or the equivalent in other taxes. That’s a big tax hike.
And all this says nothing about Social Security’s other problems. Social Security taxes are already so high, relative to benefits, that Social Security has simply become a bad deal for younger workers, providing a low, below-market rate of return. Many young workers will end up paying more in taxes than they receive in benefits. They will actually lose money under the program.
And, most importantly, under the current system, workers do not actually own their Social Security benefits. They are left totally dependent on the goodwill of the 535 politicians in Congress to determine what they’ll receive in retirement. Benefits are not inheritable, and the program is a barrier to wealth accumulation.
Politicians like Reid can no longer be allowed to duck this vital issue. The trustees’ report makes it clear that Social Security is not “on solid ground.” Social Security must be reformed, sooner rather than later.
Florida Congressional District 24 is currently occupied by Suzanne Kosmas the owner of Prestige Properties (real estate) and a former Florida legislature. The reason she will be losing this fall can be summed up in one bad vote for health care. She had previously flip flopped on this issue but when the final vote came last March and thousands of her constituents were pleading with her not to vote for Obamacare she caved in and that was all she wrote. Bad choice in an R+3 district. She’s gone.
Of the three challengers with a legitimate chance I have mixed feeling about all of them. Adams has the least amount of private sector experience and a criminal justice degree in a time when we need to understand the money bomb the Federal Reserve has hanging over our heads. Craig Miller was the last to enter the race and is the least known of the three. Miller has also been endorsed by the far left Orlando Sentinel which gives Libertarians the chills. Karen Diebel is the Republican establishment candidate having been endorsed by Mike Huckabee. She clearly has the most potential but has not achieved what she is capable of. This is a contest of imperfect choices but here goes.
Sandy Adams has been a Florida House representative in District 33 for the last eight so she has excellent name recognition. She was a law enforcement officer for 17 years and her mannerisms reflect that ability to cut the small talk and get to the issues. Everyone likes her direct and helpful approach for her constituents. That is defiantly a huge positive for her.
She voted for the billion dollar boondoggle known locally as Sun Rail translated a huge government waste of money on a train through our communities that will snarl traffic and add to congestion. This is a huge negative on her record and why it is so painful to support her but the alternatives seem worse. What was she thinking?
On the positive side she is for states rights and she has pledged to not accept earmarks until the process is reformed. She is not the worse RINO in the Florida Legislature but no one will confuse her record with Marco Rubio’s.
When she is in Washington her door will always be open to the “small people.” And I guess that’s what it comes down to in this race. With Miller not even living in the district he will be surrounded by his business buddies in the restaurant industry. Diebel will be surrounded by her aristocratic friends in Winter Park and where does that leave the average guy? With no representation. I know Adams will be my representative and not my master. The other two?
Craig Miller is the former CEO of Ruth Chris Steak House and very polished and concise in his discussion of issues. When asked by the Orlando Sentinel why he was fired in 2008 he was candid and up front that the new management didn’t like his performance. When he was asked did his companies ever hire illegals he was candid and said yes they did. That kind of honesty is common in the private business world but rare in government. He is a strait talker much like Adams.
On the negative side he was endorsed by the Orlando Sentinel. Anytime the Orlando Sentinel likes a candidate for national office you need to wonder what they know and question their ulterior motives. He is the least know candidate in the race. Both his opponents have a track record to look at. Miller doesn’t.
Miller seems like a hoarse trader who will swap this for that. We don’t need that kind of person in congress. We need cold hearted ideologues that will refuse to negotiate with the progressives infiltrating every orifice of the federal government. People who are repelled by progressives and feel violated being around them. We have a $13.3 trillion dollar debt and transfer payments are consuming 44.7% of the federal budget. The time for negotiation has come and gone. Miller seems like the guy always looking to get the best deal from the other side and the country has its back against the wall. He’s a great guy and I wish he had more of a public track record or was more economically Austrian in his approach. Living in the district would also help.
Karen Diebel is the biggest disappointment in this race. She has the best education and most compelling personal story but has repeatedly fallen short of her potential time after time. She is running a 1990 Republican campaign supporting Social Security and all the entitlement programs at a time when the national deficit is 92% of the GDP. Surly she understands that we cannot sustain Social Security without raising payroll taxes to at least 18% by 2020. Combined with a projected debt that if it continues might be 120% of GDP? 150% of GDP?
She is touted as a leader but shies away from controversy and can give a completely flat speech when the pressure is on her to deliver. There have been complaints about her following and not leading in her role as Winter Park commissioner. Todd Long is a leader. Adams is not afraid to lead. We don’t need a back marker in District 24 in congress.
You just have to stand back and wonder why her parents wasted their money sending her to Notre Dame for a business degree. Why is this lady refusing to acknowledge reality and at least give some sort of halfway plausible defense of Social Security. Please explain how the Ponzi scheme is going to work in 2042, I am all ears. Shall we let 60 million Mexicans and Central Americans enter the United States so we can continue paying into the system making it viable? Please let us know the plan. Inquiring minds want to know.

Deon Long is the most Libertarian an “Austrian” of all the candidates. The sentimental favorite for freedom loving voters.
Hey look I like to go to work during the week, drink some Jack Daniels and be intimate with the wife on the weekends. I like the American dream of being stupid and enjoying life just as much as the rest of America does. Times change, bad people get power and the widow to take back the country is narrowing and closing by the day. I don’t want to hear a 1990’s politician in 2010.
I don’t want to be a super economist any more than Diebel wants to criticize Social Security but now is the time for all good men and women to rise up to the occasion. I was blessed with the ability for economics and math. I have the degrees in economics and math. I feel compelled to offer up the best analysis I can to anyone who will listen of the danger this country is in and offer solutions as best I can. I would feel like a complete jerk in 2020 when the USA has stagnated to USSR circa 1990 status if I didn’t do what I could to change the course that we are on.
That money bomb out there is real Mrs. Diebel and if you have any business talent we would like to see it. Defending the stats quo is not good enough. In ten years my kids will know what I did and what I stood for. Your kids are watching you and what you do today. Here is a video of the Austrian economics and the Keynesian economics in 2006. You are on the side of the Keynesian. Bad choice and you will look just as ignorant 10 years from now as these Keynesian clowns do now. I may not have a $1.9 million dollar house but I do understand business and use my degrees to help and explain to others what is happening today.
Deon Long has been the biggest surprise in this race. He has come out of nowhere to raise a very respectable $161,000. He is probably the most “Austrian” economically orientated of the candidates. He supports the gold standard and does see problems with our nation’s debt structure. Everybody likes Deon and we all will be pulling for him come August 24, 2010. I wish he had a realistic chance and would jump up and down with joy if he won.
Tom Garcia is another disappointment in this race. He is the best fit for “Tea Party” candidate but never has been a factor to date. He has raised $55,000 to date. His volunteer army is modest but dedicated. He is a great public speaker and on paper he should have done much better. Diebel, Miller and Adams have all sucked the oxygen out of this race leaving very little for Long and Garcia.
Come August 24, 2010 it would not surprise me to see Miller pull this out. His fund raising is at $620,000 far ahead of Adams at $365,000. Adams best chance is for her name recognition and reputation to carry the day. If she does she can thank her tenacity and army of volunteers who have been working for many months to get her message out. Sandy is a very honest and hard worker and I would be proud to have her as my congressional representative. Good luck Sandy.





















