Archive for the 'Common Sense' Category


Nice explaination of national debt?

March 3, 2010
Posted by clinicalthinker @ 20:29 PM

For those of you who visit this blog on a regular basis you know I frequent the political forums on the net.

For the most part the real bubble heads are 1st, 2nd or 3rd year college students … or probably younger still living with mommy and daddy and pretending to be older. If you enjoy communicating with a brick (apparently I do) and have the time it can be fun and enlightening. One tends to come away realizing just how ignorant, stupid or brainwashed this young generation is.
One also realizes we are SO SCREWED if they can not be re-educated.

Today I ran into a young man who made a great effort (and did a great job) at trying to explain in simple language the mess we all find ourselves in.

Check out his Blog http://spotonjohn.blogspot.com/2010/03/national-debt.html
His name is:
John Cox


Obama Prepares Counter Insurgency against Peasants

March 1, 2010
Posted by Economics9698 @ 16:55 PM

The news for the ethnocentric narcissist has been bad for months now. The elitist probably doesn’t care in the slightest other than the white people are upset they lost their job. All those nasty Tea Party white trash peasants clogging up the streets and parks of America.

Michele and Barack are eating their Iron Chef meals while the girls attend the finest $30,000 a year economically segregated private school while the black peasants get raped and brutalized in the public schools a few feet away from the privileged Obama girls. The Federal Reserve is left holding $5.1 trillion in useless notes from payoffs to the Democratic Party thugs and Michele eagerly plans another tax payer funded party featuring the finest movie stars and the best food from Indonesia. The communist thugs won the election and they will have none of that back talk from the Tea Party peasants. So what to do? Let the peasants have health care.

Our Dear Leader, where’s the cigarette?


Yes while the peasants are starving, jobless, homeless and desperate just as in 1789 when Marie Antoinette proclaimed “Let them eat cake” and so to do our useless aristocrats in Washington proclaim “let them have health care” so they can feel good about their enlightened thinking and Harvard educations. And just as the reality of the precarious situation King Louis XVI and Marie Antoinette faced in 1789 did not dawn on them so to do Michele and Barack ignore the will of the peasants as they continue their self indulgence and pursuit of Harvard politics as the nation suffers. There are some earth changing events just around the corner in 2011 and the Obama’s are oblivious to change when it is front of their face.

A so it is in March of 2010. The Federal Reserve claims 5.7% GDP growth while the US Department of Labor reports 496,000 more job losses in one week. The Obama’s and the radical left have rallied the faithful for one last push for health care reform. If it’s good or bad for the people matters little. It’s good for consolidation of power in Washington.

Joseph Stalin could not find a Doctor in 1953 because he killed the best ones. He died alone.


The elites will always be able to afford the best doctors. Stalin had access to the best doctors even in the communist days of the USSR. That was until he had a purge of doctors. So unfortunate for him the purge occurred right before he got deathly ill and needed a doctor. Bad timing. Stalin died without medical assistance suffering in pain. No doctor in the USSR dared treat the tyrant for fear of being executed if there were any complications. Stalin withered away isolated and uncared for. And so some day may our smoking president contract lung cancer. May he receive the same treatment as Stalin on his death bed.

We the people know socialized medicine doesn’t work. We see Canada, England, France and Germany. We know cost will increase and quality decline just like any government run program. In this time of high cost the government should be going in the opposite direction eliminating programs. But the progressives continue to push for reconciliation and passage. And the peasants continue to be pushed just a little bit further towards revolution and real change against the aristocrats. Keep it up Harvard graduate we got your number. 1793 er 2012 is just around the corner.


Dan Mitchell Videos on You Tube

February 28, 2010
Posted by Economics9698 @ 21:58 PM

Dan Mitchell one of the premiere economics at the CATO Institute has a web page on You Tube where his videos can be accessed for education and training proposes.

Here is the link for the You Tube site featuring Dan and other CATO scholars.

Here is a link to Dan Mitchell’s personal web site. On this site more videos can be accessed.

Here is a link to the Center for Freedom and Prosperity.

And finally here is Dan’s CATO web site.

Did I miss any Dan?

Dan Mitchell


Dan is an important figure in 21st century economics because he utilizes the media and Internet to its fullest advantage. This allows access to important economic concepts to the average citizen that otherwise would be unavailable or distorted by politicians. The more people learn about economics and the destructive consequences of government interference in the economic activities of free men the more libertarian people become. There is little need for government other than to protect property rights, defend the nation and protect society from fraud and abuse.


Obama comes off as a Boorish Absent Minded Professor

February 26, 2010
Posted by Economics9698 @ 19:34 PM

The health care summit came and went last Thursday (2-25-10) without a blip in the polls either way for or against health care reform. The only surprise was more people thought the Republicans won and agreed with their ideas even though Obama hogged the air time 108 minutes to 56. The Times of London proclaimed “the summit was the equivalent of a bikini mud wrestling contest. You half expected the picture to shake as the camera operator struggled to compose himself.”

Professor Obama lecturing the peasants


As I watched the Republicans refer to Obama as President Obama and Obama return with replies to the senators on a first name basis it just reminded me of what an ethnocentric narcissist this man is. Where is Barbra Boxer “don’t call me ma’am” when you need her? It was another reminder of how the press covered for this affirmative action jackass during the election and still does.

For most Americans who watch the main stream media and John Stewart it was their first exposure to Republican ideas. And generally they liked what they heard. It was a chance for Republicans to get some basic ideas out there to the Democratic rank and file that have never heard of. Things like Health Savings Accounts and across state line health insurance sales. Quit shocking to the ignorant masses no doubt. It must have been just as unsettling for the masses to see the Hugo Chavez arrogance of Obama as he blabbered on for 7 ½ hours. Just like Hugo.

It scares the hell out of me that a dictator wanna be like Obama could become president. It shows that years of indoctrination and propaganda really do work. Without the internet the dictatorship may very well have succeeded. Fortunately we live in the information age and enough of the people realized this was coming and mobilized. Obama no matter how big his ego and his office cannot govern without the consent of the people. This is not 1934 and Obama is not Hitler. Hitler had the people behind him. Obama does not. He will fall.


Women On Subs, Dumbest Idea Ever

February 24, 2010
Posted by Economics9698 @ 23:27 PM

I found this blog at Not-a-Lemming about one of the stupidest politically correct things to come along since affirmative action.

Horrified. That is the only word I can use to describe what I felt when I read that the military is going to allow women to serve on submarines. News on this potentially catastrophic decision can be found in many places and here is a link to just one of them. (LA Times)

At the outset, to avoid any confusion, let me make two points. First, I served on submarines so I know what I’m talking about. I wasn’t the captain or anything like that but I did a patrol on a boomer and spent my time underwater. Second, it has nothing to do with whether or not a woman can do the job. In some ways a woman might be better on a submarine. No, the issues have nothing to do with ability and everything to do with suitability.

Sailors on the submarine Portsmouth in 2004


Allow me to first establish context. A submarine is a 500+ foot-long, steel cylinder that travels underwater at greater than 22 miles an hour at depths greater than 400 feet. Rumor has it that some Russian subs are capable of more than 55 miles per hour in a sprint. Most submarines have one or more nuclear reactors that provide power. All submarines carry torpedos laden with high explosives and fuel that catalyzes into cyanide gas if accidentally exposed to air. Accidents have happened. FBM’s, or Fleet Ballistic Missile Submarines, often called ‘boomers’, carry 24 Trident missiles, each tipped with 8 independently targetable nuclear warheads of 500 kilotons each. One Ohio Class submarine could destroy 192 cities. The mechanical systems on submarines, aside from the nuclear reactor, are dangerous and often filled with poisonous chemicals like oils and hydraulic fluids. They remain submerged for months at a time with the crew, composed mostly of young men under the age of 25, completely isolated from families. Submarines have been, and remain, the first line of defense for not the just the United States but the free world. Can a woman do the job? It doesn’t matter, and here is why.

Put young women and young men together and what do you get? Six thousand years of recorded history and 6 billion people answer that question: Sex. Isolate them for months at a time and you just get more sex. Anyone who denies this is simply an idiot and has no argument. I have laid in a bunk on a submarine at night, in the dark, and heard sailors crying for their wives and girlfriends. I have heard them masturbate. You get two hot kids all alone in lower lever Engineering II and they’re going to be screwing instead of watching a critical gauge. It only takes a few minutes to have sex. And a few seconds to lose a boat along with it’s entire crew. And with sex comes a powerful emotion that Hollywood is all about exploiting. No, it isn’t love, it is tension. A sub is tense enough. Do you really want to throw gasoline on that fire?

Lust is a powerful thing. Lust has brought down the lowliest peasents and the greatest kings. Women will be raped aboard ship. It already happens on surface ships. And rape has a special place in our society, as it should. But on a surface ship you can get the offender and the victims off the boat and away from each other. What do you do on a submarine? There’s not even a brig. A boomer’s job is to go underwater and stay hidden so if they get a launch order they won’t get a Russian torpedo up the screw. So do you just terminate the mission? Pull into port and offload the problems? A woman can take the most level-headed man and turn him into a ravenous beast, and in many cases she won’t have any clue about what has happened in his head and will have done nothing to make it happen. Her very presence is enough.

How about the opposite side of that coin? I’ve known a few women who use their sexual influence in inappropriate ways. Lot of sucky jobs on a submarine. Climbing into the battery well. Wiping up an oil spill in the mechanical spaces. Diving torpedo tubes after a water slug. How long is it going to take for some E-2 to get pissed because some girl is ensuring that she doesn’t get the shitty job? You can factor the captain right into this one too. Captains have egos and some women work in ego the way a potter works with clay. Let your imagination run wild with this one, it will probably arrive at a realistic conslusion. And is it a stretch to see this kind of woman submitting some spurned lover to a life of hell? Trust me, it’s bad enough already, throwing sex into the mix will kill these boys.

Here’s a fun scenario for you. Take a look at that LA Times story above. There’s a great picture of the ‘bridge’. Pretty tight space there, huh? What you have are the helmsmen/planesmen driving the boat, the buoyancy control officer adjusting trim, the chief of the watch making sure they point that 500+ foot long, nuclear powered, nuclear armed, steel cylinder in the right direction. That’s probably the officer of the deck staring through the periscope. Assorted squids like the quartermaster or the XO are standing around behind them. Replace one of those guys with a cute, young, E-3 who’s screwing the helmsman and the buoyancy control officer. Personally, given the nature of a submarine, I’d prefer the helmsman be paying attention to course and speed.

So what do you do when that cute little E-3 gets pregnant? Are we going to billet gynecologists and obstraticians on submarines? Or just retrain the corpsmen? What if she’s a nuke and decides she doesn’t want her fetus around a nuclear reactor? Or maybe we should just carry RU-486 and force them to abort the baby? Got kind of a Nazi sound to it, doesn’t it? And if you don’t abort the child, and if it winds up with birth defects, the first thing that woman is going to do is blame the nuclear powerplant on the boat. So does the Navy now have to support that child for the duration? And what if she has a child with birth defects on down the line? Is that the Navy’s fault? Male sperm gets constantly replaced so defective cells are far less likely to persist. Women carry the same eggs from birth to death. Send a stray neutron through an ovary and ten years later you’ve got Down’s syndrome. At least a slick lawyer is going to convince a jury it could happen. So is the Navy (read: taxpayer) liable? Or do you just sequester the women forward of the control room and hope that holds up in court? You want to get crazy. Pimps and prostitution. Will it happen? It already is. Imagine it on a submarine.

Women also experience something that men don’t. A menstrual cycle. So now we’ve got an enclosed space with a continuous supply of biohazardous waste that will require an whole new set of processes. And will the submarine carry a generic Mod. I, Mk I, tampon? Women are very particular about their feminine products as well they shoud be. Do you poll them and then send the supply officer to Target with a list? And what about PMS? PMS in a sardine can.

Submarine duty is perhaps the most stressful duty of all for families. Almost total isolation. It is better than it was when I was in but soldiers in Afghanistan have far more contact that bubble heads. It rips families apart. And with women on submarines we get a whole new list of worries. At least women back home haven’t had to worry about their husbands cheating on them. And boomers don’t generally make port calls. And as a husband how are you going to feel about your wife locked in a tin can with 200 horny men? We used to listen to training tapes and sometimes the narrators were women. Boys would come all the way from the engine room just to sit and listen to her voice. Are men going to want women on submarines? Hell yeah! But what man in an isolated, difficult environment doesn’t want chicks around? Does this mean his recommendation is good?

And why in the hell would a woman want to go on a submarine in the first place? Why would a man? You’ve got to be crazy to stay with it. Two-minute showers. Zero privacy. Horrible conditions. The food is good, but why would a woman want to do this? What kind of woman would want to get locked up for months at a time with a bunch of hormonal men? Hmm?

You want to put women on subs, fine, I’m sure they’d do a great job. But make it an all female crew. Don’t mix them on what amounts to a spaceship with the power to destroy the planet.


Conservative infighting heats up? WHO CARES?

February 24, 2010
Posted by clinicalthinker @ 14:07 PM

Take a look at this so we are on the same page here.

Soooo …. Scott Brown voted for more money spent?
What EVERYONE seems to have missed in all of this is actually quite simple. Brown’s win means watch out those of you who have been in office forever and continue to turn a dead mind and deaf ear to what the people demonstrating in the street are saying.

We will not forget who you are, how you vote and how you treat us like simpletons … when in truth IT IS YOU are to STUPID TO RECOGNIZE YOUR OWN STUPIDITY.

WE PAY YOUR CHECK.
It is NOT TO LATE to end your cushy pension and perks. One by one you are about to become politically jobless.

The dolts on the hill have poked a hornets nest and the hornets are beginning to stir.
Who are these hornets?
The entitled young!
When it suddenly dawns on them they are left holding their proverbial nose to the grindstone or STARVE there will be a revolt to end ALL HISTORICAL REVOLTS.

Here is how those hornets will manage a revolt.
They will pick up a weapon and kill you with no remorse.
Why?
Because YOU HAVE TAUGHT THEM exactly how to act and BE entitled.

For those of us who trudged through the demonstrations during Viet Nam and Watts … let me tell you … you have seen nothing yet.

So BRAVO! … can we all understand YOU REAP WHAT YOU SOW?

The Republicans are as dead as the Democrats.
Sorry Rush the parties are exactly the same … BOTH ARE CORRUPT.
Mark Levin there is NO US to divide … what can’t your elitist mind wrap around here? … as a 47 year Republican you have a snowflakes chance of my support.
I am not alone in that thought process … that IS THE TEA PARTY MENTALITY.

GET USE TO IT!


Nihilist at NYTimes Type Casting the Tea Party

February 17, 2010
Posted by Economics9698 @ 11:55 AM

Well the Massachusetts massacre finally got the attention of the New York Times elites. The bankrupt rag full of nihilist on the far left has written a hit piece trying to type cast Tea Party members. The white peasants seem to be in revolt and now its time for the Wall Street intellectuals with their upper Manhattan apartments to put down the peasants. How dare those white people organize! They must be racist!

New York Times Picture of Tea Party Protesters


So here is some of the type casting that has been attributed to Tea Party members. Pam Stout worries about hyper inflation and social unrest. She is reported to be a member of the John Birch Society and Oath Keepers. The rest of the Tea Party participants are similarly labeled as extremist and nut jobs. Well let’s look at the charges the NYTimes lays out there and see if they are extremist.

Hyperinflation.

Well according to the Federal Reserve the monetary base has increased 154% in the last couple of years. Total Reserves have gone up 2,400% since 2008. Now I may be a stupid economist but it seems like there is an awful lot of cash sloshing around the Federal Reserve, Wall Street and banks. I look at that MZM number and see a 16.2% increase since 2008 and just scratch my stupid head and wonder what we have in store down the road when the curtain is pulled back and the world financial system is exposed to the forces of gravity. But then again I am just a stupid guy with a master in the subject.

Social Unrest.

Probably the stupidest charge the NYTimes could write about. Where were they on 9-12-09? Does a million people standing outside Capitol Hill maybe sound like social unrest? I may be a stupid bumpkin but if I saw a million people outside my place of work I would certainly take notice of the “social unrest” that was occurring outside my door. Are these elitist for real? Are they stupid or do they just pretend to be?

Martial Law.

It’s a possibility. One of many. Should we be prepared for it? Well yes just like we should be prepared for a hurricane or tornado. I don’t know but when I see millions of people marching in opposition to my federal government I certainly take notice. With the right fuel a fire could start. But then again I am not educated in those fine northern schools of Nihilism like Harvard and Yale.

John Birch Society.

According to it’s web site the organization has a “strong belief in personal freedom and limited government, plus a sense of duty” and is anti communist and socialist. The Birch Society opposed aspects of the civil rights movement citing communist infiltration into these movements which in later years was confirmed by none other than J. Edgar Hoover. Opps. They also oppose globalism and unfortunately free trade agreements. I would not choose to be a member of this group because of their opposition to free trade but they have a right to recruit whoever they want and say what they want. Who in the hell gave the NYTimes and other nihilist the right to marginalize them?

Oath Keepers.

Oath Keepers recruits law enforcement officers and has them pledge not to infringe upon the constitutional rights of citizens. Rights like the Second Amendment that allows citizens to keep and bear arms. Follow the Constitution? Sound real radical to me, not! Oh the elite nihilist must be in a tizzy seeing all them white police officers deciding to protect and serve the people and not the state. Gosh I almost feel sorry for them.

Quote.

“These people (Pam Stout and others listed above) are part of a significant undercurrent within the Tea Party movement that has less in common with the Republican Party than with the Patriot movement, a brand of politics historically associated with libertarians, militia groups, anti-immigration advocates and those who argue for the abolition of the Federal Reserve.”

Libertarians? Oh gosh! People who believe in freedom and liberty? Oh dear me! I always knew I was a radical. Wouldn’t want the peasants to think they are free. If we could all just worship the atheist in NY City and keep our televisions glued to Keith Olbermann we would be much better subjects of the Washington New York aristocracy. Oh the indignity of the NYTimes having to waste fine print and paper on the squalid masses of ignorant white peasants polluting the country side of America. Certainly it’s past time for them to shut up and sit down!

First militia groups helped win the revolutionary war. Historically militia groups were the guys who protected the village from thieves and bandits. These guys also protected the women from rape and the children from the humiliation of watching. Today we have a police force but as any cop will tell you they cant be everywhere and when the gang bangers enter your home you will be the first responder. If there is a riot in your neighborhood you will be the first responder. If the Jews had formed militias in the 1930’s they would have still died but they would have sent a lot of Nazis to their grave first. Has anyone ever wondered why there has not been another Waco slaughter of innocent women and children? It certainly wasn’t because of the federal government’s good heart.

Anti-immigration groups.

Multiculturalism is the biggest lie ever perpetrated by the government excluding Social Security and war. Sorry if that doesn’t make me mainstream but facts are facts. Multicultural societies eventually break up or worse have civil wars. Anyone remember the USSR? I know that was centuries ago but they were multi cultural. How did that work out for them? Czechoslovakia? Yugoslavia? How’s that diversity thing working out in England? Demark? The cold hard facts are people are happiest when they are surrounded by people like them. Races are not equal in intelligence, athletic abilities, crime rates or much of anything. We are different. Mexico has their own country. It’s called Mexico. If they want to change their country they can vote just like us white folks do in America. Good fences make good neighbors. It’s past time we stopped being the caretaker of illegal immigrants.

Globalism.

“In this view, Mr. Obama and many of his predecessors (including George W. Bush) have deliberately undermined the Constitution and free enterprise for the benefit of a shadowy international network of wealthy elites.”

Well the Patriot Act comes to mind. Didn’t see that in the Constitution. George Soros. Global Warming. Alan Greenspan’s sabotage of the economy with his 1% Fed Funds rate. Alan the same guy who saw the NASDAQ bubble and warned about “irrational exuberance” and saw the Savings and Loan bubble and jacked up interest rates to 9% when that was happening. Or maybe that $4 a gallon gas right before the election of 2008 that collapsed the economy that was already sliding. You think China had anything to do with that? Golly gee it’s all just so confusing us stupid white folks can’t figure it out. We need those smart nihilists in New York to help us here in the fly over states.

And so the article goes on to discredit the Tea Party movement. What the elitist in New York don’t understand is that we white folks built this nation and we can damn sure tear it down. Washington, Wall Street, New York and the Federal Reserve were given the trust and duty to protect the nation from corruption, inflation and collapse. They failed and now its time for the people to get a little payback. America was founded as a white Christian nation with freedom and justice for all. Sorry if the Mexicans, Asians, Negros, Arabs and Jews don’t approve of that but that’s just the way it is. We don’t buy into fascism, socialism, communism, nihilism, progressive secularism or any of that elitist crap disguised to hide the dictatorship. We can read the numbers. We know the federal government is now 25% of the GDP. We can see the deficits and the coming collapse. What needs to happen is a whole lot of politicians need to get the hell out of the way and let the white folks restore this country to where it was when it was founded. We founded this damn country and we can take it back. This little game is just beginning.


Obama a day late and a dollor short on bypartisanship.

February 10, 2010
Posted by clinicalthinker @ 9:56 AM

It appears Barack Obama remains stuck in a deep trench of boring predictability.

He has talked bipartisanship from the jump … was it ever really intended? Looks like not until he hit the “LAME DUCK” wall and finally realized survival trumps charm. The pied piper apparently lost his flute while leading the people down the primrose path.

Just another horrid miscalculation of how smart “we the people” actually are here in the US. His global job rate remains high but those here in the States who ACTUALLY foot the bills are not so OKAY with his actions.

Barack Obama sat down with both Democrats and Republicans on Tuesday to spur cooperation on job creation, deficit reduction and health-care overhaul.

He promised to do his part.
Gee what do you suppose that might be?
Another 29 “snore boring” speeches to nowhere?

In about the same breath he warned the Republicans he would take them to task if they did not do the same. Noting how infinitly effective this President actually is … that should shake them all in their boots.

But holy smoke … no warning to the Democrats who with their solid majority are kicking up dust over the potential loss of their seats next election? Apparently Brown was the proverbial writing on the wall that at least sent those with a grain of common sense back to some degree of sanity. I guess he handles his own party the Chicago way. Gifts, bribes and any corrupt means at hand!

NEWS FLASH MR PRESIDENT!
Not all of your party is corrupt … especially when their ASS IS ON THE LINE.

Who said there was not survival of the fittest alive and well in Washington?

Apparently they did not teach that at Harvard while this President was boning up on constitutional law so he could more easily over ride and destroy it.


Lawyers vs Common Sense.

February 8, 2010
Posted by clinicalthinker @ 9:27 AM

It seems to me that we have far to many people serving in the government who have legal backgrounds.

For any of you that follow this blog … you already know I think a law degree should DISQUALIFY someone from being in the Congress. If being a member of Congress requires legal training then somehow we have veered off the “path of basics”.

I have a novel idea … why don’t we simply apply the “see spot run” comprehension mode and all agree that “IT” is still “IT”?

Skewing words to somehow fit a bizarre personal agenda is not working for most of “we the people”.
Has anyone other than me noticed that?

It’s time “WE THE PEOPLE” start paying attention to the average man/woman who excels at “COMMON SENSE” over being bought, paid for and beholden to an elitist establishment.

FRANKLY I am tired to the teeth of people saying Sarah Palin or anyone else does not have enough education to serve as commander in chief.


The Real Unemployment Story

February 5, 2010
Posted by Economics9698 @ 18:27 PM

The White House has been celebrating that the unemployment rate fell to 9.7% even though it was because 1.1 million Americans have quit looking for work. Every time I see the affirmative action dolt on television I just cringe at his stupidity. I mean if the dude is smart enough to figure out Bush set him up for failure with three bail outs why did he do the fourth and now a fifth? Of course the answer is his head doesn’t have an original thought in it unlike Bill Clinton who knew bull crap when he saw it. But anyway what is the real employment picture.

Non-Farm Payroll Not Seasonally Adjusted


Total non farm payroll (not seasonally adjusted) went down from December (130,431) to January (127,612) or 2819 x 1,000 = 2,819,000 less workers in the economy IN ONE MONTH. The percent of the work force employed is 41.9% of the total population of 308,833,000. Compare that to December 2007 when 45.5% of the work force was employed in non farm jobs. The only sector of massive growth is government jobs. I am sure China is impressed with that number.

Weekly hours worked is down 3.5% since Obama was inaugurated. The civilian participation rate is down from 65.7% to 64.7% and drastically down from its five year high of 66.2%. So we lose 4 millions workers permanently, hey its good new to the White House. The Fed won’t even release the tax receipts numbers for October.

The bottom like is Greenspan set up Bush for his economic collapse with the bogus 1% Fed Funds rate during the housing bubble and Bush set up Obama with three bail outs that ballooned the deficit. Obama being the Harvard educated economic illiterate that he is just continued the same stupid policies of Bush not even thinking about it. By the time that fourth bail out came the peasants were ready for a rumble. And Obama walked right into the ambush.

Okay as the cliché goes fool me once. I am willing to give Obama some slack on the first “stimulus” plan. We all make rookie mistakes. But the idiot is too stupid to figure it out. He is a walking advertisement of why we need to end affirmative action in this country. Bill Clinton made similar mistakes with health care and the economy. But he learned, cut capital gains taxes, signed welfare reform, signed NAFTA and balanced the budget. Obama only knows what he read in books and that is redistribute the wealth, tax, spend, America is bad. The tape recorder is on a loop and he can’t shut it off.

Here’s a clue. Really freeze all federal spending except defense. Cut corporate taxes to 25%. Cut capital gains taxes to 10%. Extend the Bush tax cuts to 2013. Set up a commission to eliminate departments like education and housing and let the states deal with it. Stop bailing out states with “stimulus” money. They made their bed let them lie in it. But the 95 IQ affirmative action dolt will march off the cliff taking us idiots who voted for him with him. Where is Rudy Giuliani when you need him?


Seminole County Libertarian Civil War

February 4, 2010
Posted by Economics9698 @ 14:44 PM

The normally quit race for Florida House District 33 just erupted into a full blown civil war in the Libertarian Party. The seat is currently occupied by Sandra “Sandy” Adams, Republican. James Decocq has filed to run as a Republican for the 2010 election and is the early favorite to win against Alice Sterling (R), Scott Bland (R) and Leo Cruz (D). The Libertarians get at the most 20% of the vote in a great year so why all the intense infighting?

Florida House District 33 Candidate Franklin Perez

The first candidate on the scene who became involved with the Seminole County Libertarian Party (SCLP) was Franklin Perez around 2000. He ran as a non affiliated candidate in 2006 and 2008 because of infighting with the Seminole County Libertarian Party leadership citing “anti-Hispanic remarks”. As former Vice-Chairman Franklin and then LP Chairman Mark Clifford became estranged over issues of style and substance. The former chair allegedly objected to provocative and sometimes lewd post on the libertarian message board in defense of legalized prostitution and descriptive details of those encounters allegedly posted by Mr. Perez. The situation came to a boil in April 19, 2004 when then LP Chairman Mark Clifford sent the following e-mail to Mr. Perez:

Franklin;

You are a virgin to leadership so I appreciate you trying and I appreciate your work at it.

Your Hispanic nature appears to start by creating conflict. Being machismo does not serve you and it slows your progress. (It works when it serves to scare away your opponent but we are not your opponents.)

At the moment you do not seem to understand group dynamics. (I thought about asking the other members to consider removing you for cause as I see you not qualified to hold the office held). You are worried about Robert’s Rules paragraph [zz] but you not have the ‘common courtesy’ part at all. You HAVE a right to speak but you have one mouth and you have two ears -develop wisdom to listen wisely. Individual responsibility means acting responsibly. (What is going to happen when the LP offers Franklin Perez as an example to lead? You need to be ready to do it because those who wear the label with be prejudged by your performance.) I believe you have the individual part but individual responsibility is not related.

Florida House District 33 Candidate Ellen M. Paul

Before I post our reply, I need to get your input as a member of the team. (That means that the post stands by itself and it does not get responded to by someone who helped draft it. Your option to comment is now, not later.)

Your signature block says:

Franklin Perez
Vice-Chairman
Libertarian Party of Seminole County Florida

and you said “I do not understand why you even need approval from the “Executive Committee”. That is the difference between speaking for you and speaking for the organization. And yet you post apparently using the group to add credibility to your post rather than to help the reader to understand your message. You seem to understand the title and seem to like wearing it. It must be more than that or this group will fail to be effective. You appear driven by all about self and no humility. Each post indicates to me you do not understand teams. Every effective leader understands humility.

The Executive Committee speaks for the group and the chair speaks when the executive committee cannot be reached. The vice chair speaks when the chair cannot be reached – not hard to reach but cannot be reached. It also means that you remove the title from your signature until you are BOTH speaking for the party AND you are speaking in the capacity you show. It is for the reader – not the poster. (Period)

You also speak ill of you teammates before you have the facts to judge. This is why your original post offended me. You have an obligation to serve in a neutral capacity so that you can be given the gavel to resolve a dispute that originates outside of the executive committee. When anyone objects to the resolution of a dispute, you will be given the opportunity to resolve it. Point out oversights in private and save the cheap shots for your enemy, not your friends.

Bonus TIP: Drop the need to find fault; after that you can focus on finding liberty.

Bonus TIP2: Respect the time of your chair; it is not an endless commodity.

Franklin – my recommendation to you is to develop the ability to listen-or- resign the post as a leader of a group until you develop the skills and wisdom to lead. I am speaking only to you because I do not need to publicly humiliate you, I need you to get through to you and provide you some honest feedback.

If you do not want to develop leadership skills that is not a crime but you should just stop pretending.

Others have the same view of you but they think you are so hopeless that they don’t provide useful feedback that you can actualize since they do not believe you have the ability to learn. If you have no desire to learn, that is an option but if you need a mentor, I can help.

Thank you for your work and considering things outside of the box.

This email took more than 6 hours to draft edit and reconsider but it is the
readers digest version. If I have offended you then I have not successfully communicated.

You’re Friend,

Mark

Wm “Mark” Clifford
Oviedo FL 32765-6831

And the battle has continued. The Libertarian Party leadership currently headed up by Sean Concannon, Jennifer Concannon, Larry Lawver and Mike Barr reportedly did not approve of Mr. Franklin’s 2006 and 2008 bid to run as a Libertarian and Mr. Perez ran as a no party affiliation (NPA) candidate. For the latest election cycle it is not necessary to receive approval from the party leadership to run as a third party candidate. Mr. Franklin took advantage of the change in election law and registered for District 33 as a Libertarian.

The leadership disapproved but there was nothing they could do about until Ellen M. Paul agreed to run against Mr. Franklin as a Libertarian in District 33 setting up the first Libertarian Primary election ever in the state of Florida. And the war continues…

Mr. Franklin correctly points out Miss. Paul currently resides in District 37 but Florida law required residency prior to swearing in not during the campaign. Mr. Perez also points out the current house member for District 37 is Republican Scott Plakon who has supported such fiscally unpopular expenditures such as SunRail. Mr. Perez asks “Why does Ellen M. Paul run a Libertarian Party Candidate for Florida State House District 33 when she resides in Florida State House District 37? Florida State House District 37 seat is currently occupied by Scott Plakon and NOBODY has challenging him. On top of that, why does she run in a race where a Libertarian is already running when she could run in Florida State House District 37 against just ONE incumbent opponent in a House District she actually resides in?”

Good questions. The real answer may be in the following e-mail:

Libertarian Treasurer Larry Lawver wrote in July of 2004

It sucks that I have to spend time responding to this clueless shit while trying to handle the devastation of my property after Hurricane Charley. Beaucoup thanks to Mark Clifford and Carl Geiger for their brilliant and damned near heroic work on my roof Saturday 28 August 2004! Franklin remains an unimportant troll with no idea what’s actually going on.

Statement from the Executive Committee of the Libertarian Party of Seminole County
1 July 2004

Seminole County Libertarian Party Chairman Sean Concannon


And the LP Executive Committee wrote:

The Executive Committee of the Libertarian Party of Seminole County hereby declares how it will handle the dispute between Franklin Perez and the rest of the Executive Committee for the remainder of Franklin’s term of office.

Franklin Perez has served our party as an officer, a candidate, a major contributor, and a friend for over five years. However, he has chosen to distance himself from the rest of the Executive Committee of the
Libertarian Party of Seminole County since February of this year. We have tried to repair the break, but have failed. We have no idea why Franklin decided to become an adversary, but as heartbroken friends, we deplore his action.

Franklin’s term as Vice Chair of the LPSC expires in November of 2004. Our intentionally simple Constitution and Bylaws make it easier to let his term expire than to remove him from office. Thus, we are subject to his postings to various websites and other entities without recourse. Although he is the elected Vice Chair of the Libertarian Party of Seminole County, he has none of the correct information that officer would normally have, because he has rejected contact from the rest of the LPSC officers.

In particular, Franklin Perez has no knowledge of the actual candidates that the Libertarian Party of Seminole County may field in the 2004 election. His previous privilege as a moderator of some Yahoo! Groups let him appear that he does, and we apologize for that.

Franklin Perez has no remaining support from the Executive Committee of the Libertarian Party of Seminole County, but he retains the office for four more months. Our profound embarrassment will continue as long as he holds that position. Our official response to his communications will be silence or reference to this memo. We apologize to our membership for having to endure this conflict. Please plan to attend the November meeting and elect an Executive Committee slate that promotes liberty.

Yours, in Liberty, Mark Clifford, Chair, Libertarian Party of Seminole County Larry Lawver, Treasurer, Libertarian Party of Seminole County Mike Barr, Secretary, Libertarian Party of Seminole County Jennifer Concannon, Membership Committee Chair, Libertarian Party of Seminole County.

And nothing has changed in the last six years. So Ellen M. Paul comes into the feud to save the SCLP leadership from Mr. Perez and the war hopefully will reach its climax in August 24th 2010 when the primary is held. That is if Mr. Perez does not switch party affiliation to No Party Affiliation (NPS). Personally I think this should be fought to the end. The loose cannon against the party establishment candidate. Finish what you started.


Arianna Huffington the witless wonder!

February 1, 2010
Posted by clinicalthinker @ 14:46 PM

How Arianna Huffington got to be a “blog queen” I will never know. Without being married to a wealthy man for a number of years which ended in divorce because he was gay … she probably would never have made it on her own. She has her own personal “loser story” of which is not important other than to note she is “the witless leading the even more witless”.

I am ever amazed at how easily this “witless wonder” can so easily skew reality and am equally amazed at those foolish enough to believe or follow her and those who post on her blog.

Apparently someone forgot to teach these people shame for being liars, cheats but most of all stupid.

Huffington head of Huffington Post is from California (my state) and only lends to the further belief that SOMEHOW she is an example of most Californians.
Trust me she is simply a “loud mouthed” MINORITY.

I watched Roger Ailes (President of Fox Channel and CEO of Fox News) skewer her royally on an interview done by Barbara Walters. (see below) Apparently Huffington is to narcissistic to realize she got an ASS WHIPPIN in front of millions of people.
Embarrassed? … probably not … not smart enough to get it? … PROBABLY NOT!


Leftist “Elites” Invade Tea Party Protesters

January 31, 2010
Posted by Economics9698 @ 14:37 PM

At a recent Obama speech in Tampa, Florida (1-28-10) a familiar scene was played out with the local media and leftist. The media called the protesters “Republican” even though 44% of conservatives are not Republicans. The leftist infiltrated the crowd of protesters gathered to give Obama the one fingered sauté as his motorcade passed.

One of the leftist was a know it all moron with maybe a bachelor’s degree with a couple of his side kicks arguing with Tea Party protesters. He claimed to be a “economist” studying the exotic subject at some college from the great superior state of New York. All us dumb Tea Party people should be thankful for his brilliance and patience to set us strait in our thinking. The great northern liberal helping us dumb southerners with his intellectual brilliance and superior upbringing from the Yankee north lands.

Tampa Tea Party Organizers

Tampa Tea Party Organizers


His female side kick was arguing with a protester that the United States health care was ranked 37th in the world or some arbitrary rank because the infant mortality rate was higher here than in Europe or Canada. A totally false argument that has been going around in the leftist world much like Global Warming and other propaganda with no overall look at the facts. It is a cherry picked statistic but fails to take into account the real reason for the discrepancy.

In the United States we have large Negro, Hispanic and white trash populations that for some reason like to snort cocaine and other drugs while pregnant. It doesn’t matter how great the health care system is if the baby is born half dead and addicted to drugs. To do a fair study of competing heath care system you would have to eliminate extremes like race and education. A fair comparison would be the white middle 80% population of Europe verses the white middle 80% population of America including all outcomes not just infant mortality rates. If that study was ever done the United States would be years ahead of Europe and Canada.

The Tea Party protester was arguing that the United States health care system was the best and the young leftist was arguing the simple statistic which the Tea Party protester was disagreeing with. I corrected him that the infant mortality statistic was correct but her argument was totally false. She shut up and handed off to the brilliant northerner from New York.

Orlando Tea Party protesters in Tampa

Orlando Tea Party protesters in Tampa


He immediately asked “Do you know who John Maynard Keynes is?” Like this is some secret knowledge only reserved for the elites up north. This really pissed me off. If you have been to college and were paying attention in macroeconomics you probably know Keynes wrote Treatise on Money or The Means to Prosperity which lays out the demand side argument leftist and Democrats love so much. Tax and spend. It has been the only economic policy of our federal government and Federal Reserve (Bernanke 2006) have used since 2007 when the Democrats gained control of the House and Senate. How you liking them results?

What pissed me off was he was asking average citizens this asinine question. Now if only 27.2% of the population have a college degree that pretty much means 72.8% of the population does not know. Why ask the question unless you are looking to show off?

I asked him what “crowing out” was. He didn’t know so I explained “any reduction in private consumption or investment that occurs because of an increase in government spending” or something to that effect. I then asked him who Milton Friedman was and got the brilliant reply “Oh he’s a bad one” or some nonsense. Friedman was the guy who ripped Keynesian economic theory to shreds and won a Nobel Prize for his work in 1976. Suddenly he complained I was talking to loud and he wanted to move on.

Tampa Protesters 1-28-10

Tampa Protesters 1-28-10


Later down the block he and his intellectual elites were arguing again about education and how blacks were not getting the same educational money whites are. I told him there was no correlation between education spending per pupil and results. He came back with “causation and correlation are not related” or some such Cliff Notes crap. Fine he knew what correlation was so I asked him if he knew what regression analysis was. Blank stare. End of argument.

Apparently up in the great educated north they don’t explain regression analysis gives you a correlation or maybe a few. Not exactly the kind of education I would want for my kid. And I am sure in the great elite north they skip derivatives and integrals to find max, min and areas under a curve used in the backward south. Just a guess. I pointed out that in Detroit the per pupil spending was $11,000. A pretty decent sum. More than in those mean evil white kids get in the suburbs. No explanation of the “real” cause. More blank stares and he ran away again.

Finally wanting to leave a positive note I told him Libertarians were opposed to social engineering on the federal level but if a local community wanted socialized medicine let them knock themselves out. Of course I know that freeloaders would bankrupt any community offering freebies and soon they would stop the insanity but I kept my mouth shut.

What really pisses me off about these leftist is they think they are educated. This dude comes into a crowd of average citizens asking abstract economic questions. It would be like a engineer going to a Tea Party and asking “Do you know Newton’s second law?” Or a chemist asking “Do you know Boyle’s Law?” How in the hell is the average person going to know? They don’t. All they know is the federal government and Federal Reserve are taking them for a ride and they want to get off. It doesn’t take a economist to figure out when the government prints money faster than the year before there will be inflation sometime in the future. It doesn’t take a economists to figure out taxing everything that moves concentrates power and wealth in the hands of the government and takes away from families’ ability to feed their children. It doesn’t take a economist to figure out that when the government borrows billions and trillions of dollars there is less money for private companies to borrow. People know Keynesian economics is a failure even if they don’t know the dude that invented this leftist school of economic thought.


Obama has spent 787 billion with faux positive results.

January 28, 2010
Posted by clinicalthinker @ 15:44 PM

I watched the state of the union address last night (well at least part of it before I had to tune out).
I tire easily of watching “ants in her pants Nanc” chewing her cud.
I was not at all impressed with the throw a hand full of spaghetti at the ceiling and hope something sticks tactic used for this speech. The “glam” has certainly warn off if there ever was any for this US citizen regarding this President.
One could get whip lash trying to keep up with on again off again problem/solution diatribe. Not to mention the expected blame is always elsewhere.

Apparently “we the people” are suppose to be far to stupid to pick up on the FACTS that this NEW ADMINISTRATION FOR CHANGE somehow added to the problem to the tune of 787 billion in stimulus that has FAILED MISERABLY. I am not sure what the President considers this money stimulated … but US jobs certainly was not part of the equation. Perhaps it helped to stimulate the pocket books of his cronies? We have gone from 8% unemployment to over 10%. According to Obama HIS stimulus has saved or created over a million jobs. What kind of HINKY MATH do they teach at Harvard these days?

Personally as a mother and grandmother I was clued in on this “Johnny did it” routine long ago.

So now what?
Well the banks are the problem according to Obama. Oh my gosh he failed to include himself and his henchmen.
What a shock!

In reality banks do what they are suppose to do … take YOUR MONEY and loan (or not) it to others for a fee. I can actually remember when they did all of that responsibly.
That DID NOT include CEO’s getting millions in perks for FAILURE.

What is wrong with contingency clauses in pay contracts that say if your bank goes belly up you DON’T GET PAID?

So where did they go wrong.
Who dropped the ball here?
Who is responsible for the housing bubble (that so many claim caused this catastrophe) and who missed that was in the wings waiting to explode and why?
Ben Bernake perhaps?
Who else?

Let me keep this brief.
Obama owns a good share of the problems we face here in the USA.
He is not going to admit that but the bottom line is “we the people” understand this.

Enter stage right Scott Brown.
If that did not give the Democrats a left to the jaw (wake up call) perhaps they are more brain dead than they look already.

Apparently Obama did not get the message but then he gets to ride the gravy train for 3 more years. He can jack around continuing to DO NOTHING as usual while he looks for the next soapbox to leap upon and slap himself on the back before the public.

So now the solution (according to Obama) is to cap things that have already been raised sky high. Does any of this seem like slamming the barn door after the horse is gone?

How stupid do they think we are?
It turns out apparently not as stupid as they thought. Perhaps there is something to street smarts adding to the faux education’s coming out of the collages today (like Harvard).

Bernake was just confirmed for a second term by the Senate as head of the FED.

Who might be better suited?
I guess the answer is now left for a different day.


The Case against Ben Bernanke‘s Reconfirmation as Fed Chairman

January 25, 2010
Posted by Economics9698 @ 15:38 PM

Federal Reserve chairman Ben Bernanke is up for reconfirmation. He was initially appointed in 2006 and will soon receive a vote in the senate for a second term. He is a trained classical Keynesian economist and studied the Great Depression for this PhD. His actions have been classical Keynesian which believes when the economy is under performing the magic bullet is for the government to increase spending to “fill the full employment gap”. Basically if the Gross Domestic Product at “full employment” is $1,000 and current production is $900 then the government steps in and spends $100 to get the economy back to $1,000 or full employment. Simplistic concept but vehemently opposed by “Austrian” economist who oppose deflating the currency by printing excess paper money and artificial stimulus that will mis-allocate resources towards unproductive uses. Austrian economists argue printing money will create a monetary bubble and inflation similar to the housing bubble. Additionally they argue mis-allocation of resources towards unproductive pursuits do not lead to permanent long term sustainable job or economic growth. So let’s bypass the argument and look at the results.

When Bernanke was appointed in February of 2006 the GDP was about $14.1 trillion. It peaked at $15.3 in 2008 and dropped down to $14.4 and is currently at $14.6.


When Bernanke was appointed in February of 2006 the GDP was about $14.1 trillion. It peaked at $15.3 in 2008 and dropped down to $14.4 and is currently at $14.6.

Clearly after Alan Greenspan mismanaged the Federal Reserve laying the foundation for the housing bubble with a 1% federal funds rate the downturn cannot be blamed on Bernanke. But how did Mr. Bernanke react?

M-1 is the notes, traveler checks, demand deposits and other checkable forms of on demand cash like brokerage checking accounts


Bernanke has increased M-1 money supply. Notice how the money supply jumps from $785 billion when TARP was passed to $860 billion now. A staggering 9.6% in little over a year. This expansionist monetary policy has been going on for decades but has accelerated under Bernanke.

M-2 is M-1 plus savings and time deposits


M-2 Money stock under Bernanke. An increase of 25.5% or an annual rate of 6.5%. Many economists argue for a money supply growth rate of 3% plus or minus 1%. Some argue for the gold standard and virtually zero inflation or “hard money”. Not many support inflationary policies above 5%.

MZM or M-1 + M-2 + M-3 and all money market funds


MZM or all funds combined has increased 38.6%.

And finally the last straw the monetary base. This is what has Peter Schiff, Dan Mitchell and any reputable economist basically freaking out over Bernanke, Bush, Obama, bail outs and stimulus plans. This is a money bomb just waiting to explode. You think the Savings and Loan, NASDAQ and housing bubbles were bad? You ain’t seen nothing yet. When this baby explodes you will see $10 or maybe $20 gallon gasoline. Interest rates will skyrocket and housing will be a cash only business because no one will be able to afford a mortgage. Housing prices in real terms will plummet. Milk will be $10 a gallon. But where is all this money?

The Monetary Base has increased 154% under Bernanke


Where did all that bail out cash go? It’s sitting in banks everywhere. From 45.2 billion to 1,140.5 billion. A 2,400% increase! This is not going to end well.

Total Reserves. Where did all that bail out cash go? It’s sitting in banks everywhere. From 45.2 billion to 1,140.5 billion. A 2,400% increase! This is not going to end well.


To translate the Fed gave their buddies on Wall Street first dibs to the devalued cash so they can get ahead of the inflationary curve and divest themselves from American assets including the dollar. Why would a banker make a loan to a medium sized firm at 5% when they clearly see 10% maybe even 20% interest rates in the not to distant future? The bankers are taking the almost free cash at 0.5% from the federal discount window and loaning it back in short term notes at 3%. Basically all that cash we paid the bankers to get back to making loans is sitting on the sidelines until the banks most likely go bankrupt again and all hell breaks loose or the Fed pulls a magic trick out of its hat. The banks are in a rock and a hard place. Make loans now at 5% and get crushed in the future or try to build up reserves off the spread from the discount window funds. This is why for a lot of economist it would have been better to let the insolvent banks go bankrupt in 2008. All we have done is postpone the bankruptcy to a future date and spent a few trillion in the process. A few trillion that will come back to haunt us with inflation and more taxes at the very time we need less taxes.

Federal investment into the economy has gone up 25% but GDP has risen 3.5% during that same time frame. Spending doesn’t seem to be filling up the “gap” very well.


Greenspan was committing sabotage against the Bush administration and the economy. Maybe he hates Republicans, white guys, who knows? But the destruction he caused was intentional. Greenspan knew exactly what he was doing. Bernanke is more of an accommodating tool used by both Bush and Obama to finance their political objectives. Bernanke is a true believer in Keynesian economics. He may truly believe that he is doing the right thing for the economy. But we don’t need a yes man in charge of the Federal Reserve. Unfortunately it will take a man of iron will and a lot of pain with an intimate knowledge of Milton Freidman and his monetary policies. We need a man who will be the equivalent of a butcher chopping up the carcass of our previous monetary policy and someday reinventing it into something we can all stomach.

Finally the last two nails in the coffin.

Federal tax receipts have gone down 11.5% from 2006. Bernanke, Obama, Bush have all “stimulated” the economy with spending and cash. Is this what we want?

Federal investment into the economy has gone up 25% but GDP has risen 3.5% during that same time frame. Spending doesn’t seem to be filling up the “gap” very well.

Federal tax receipts have gone down 11.5% from 2006. Bernanke, Obama, Bush have all “stimulated” the economy with spending and cash. Is this what we want?

During the same time the federal government Keynesian economic policies have increased unemployment. This unemployment graph is deceptive. It does not count underemployed, illegal immigrants moving out of the United States, and those who have given up looking for work. Most economics think the true number is around 17%.

This unemployment graph is deceptive. It does not count underemployed, illegal immigrants moving out of the United States, and those who have given up looking for work. Most economics think the true number is around 17%.


America has received a strong dose of Keynesian economics quite some time now. Bubbles have been created in the savings and loan financial firms under Bush 41, NASDAQ under Clinton, housing under Bush 43 and now the looming monetary bubble under Obama. All the Federal Reserve and congress do is to kick the can down the road. The bubbles get bigger and the pain harder. We have got to change. Obama is more of the same. Bernanke is more of the same. The pain is coming far worse than today. Bernanke needs to go and a Federal Reserve Chairman appointed who understands where inflation comes from and how to run a responsible banking institution in a manner that will provide a stable currency. That’s it.

No politics, no special deals. Print the money and keep the currency value stable. When that is accomplished then advocate for the repeal of the Federal Reserve and a return to free banking. In a few years from now the public will look at the Federal Reserve and Keynesian economics the same way it views the Vietnam War. A waste of lives and money.


China’s Economy Grows 10.7% while the US borrows another $1.9 Trillion

January 21, 2010
Posted by Economics9698 @ 9:12 AM

Obama and the Democrats continue to plunder the American people to pay their special interest off. Just like King Louis the XVI and Marie Antoinette the anointed one and his court ignore reality and live the high life of parties and travel while the peasants lose millions of jobs.

China reported a staggering 10.7% growth for the 4th quarter of 2009. China is a lender nation. China has a government surplus. America lost 448,000 jobs the last four weeks and 5.9 million are on extended unemployment benefits. Since the Democrats and their Keynesian economic policies were instituted in 2007 the unemployment claims have gone from about 250,000 to a peak of 676,000. The unemployment rate has gone from 4.6% to 10.0%. And this doesn’t take into account the illegal immigrants who moved back to their native lands leaving foreclosed homes everywhere. It also doesn’t include those who gave up and part time workers.

When will the American public learn that taxing and spending doesn’t work? When those extended unemployment benefits run out social unrest will increase. But Barack and Michele will be dining on Arugula and herbs from the Kitchen Garden, honey from the White House Beehive, American wine pairings while the peasants get health care.

Unemployment since the Democrats gained control of the House and Senate

Unemployment since the Democrats gained control of the House and Senate


What works is getting rid of the fake corporate tax which is a tax on consumers, stock holders and research and development. Corporate taxes are a scam that politicians inflict on the ignorant and class envy population to please the big corporations and increase revenue to themselves. Big corporations like complex tax codes and high corporate taxes because they can get special deals and loopholes that take a PhD in accounting to figure out. Something the average business doesn’t have access to. High corporate taxes keep the competition limited and the profits high.

Big business also loves regulation contrary to popular opinion because it adds more staffing burden to the medium and smaller companies. Also depending on the regulation it can create oligopolies like we have in the drug industry due to the cost and delays involved in getting drugs approved for the market. This creates high profits for the politically connected and to hell with competition. Cut corporate taxes to zero and the unemployment would disappear in six months if…

The federal government stops spending and borrowing money. The government is like a huge pig devouring all the capital from medium and small business. The federal government is 28% of the GDP and growing as opposed to 19% when Clinton was president. Do we need a Department of Education, Housing and god knows what they have hiding in Washington. Maybe its time to lay off some federal workers and shut down a few departments. We can’t afford it. We are broke.

You can change all the tax codes in the world but if the government hogs all the money you still won’t have a job. Stop spending, shrink government and pay down the debt. It’s that simple. Communism doesn’t work, we know that.


The Culture Crisis.

January 20, 2010
Posted by clinicalthinker @ 12:15 PM

This was just sent my way by email. I do not care if it was a real doctor who wrote it to the President or not.
However it is true and was a “letter to the editor” in
August 29th Jackson, MS newspaper.

This president most likely would not care or pay attention anyway. Progressives are not looking out for the mass they are covering their butts while trying to make everyone think they really want to help and care.

I reprint this email here:

Dear Sirs:

During my shift in the Emergency Room last night, I had the pleasure of evaluating a patient whose smile revealed an expensive shiny gold tooth, whose body was adorned with a wide assortment of elaborate and costly tattoos, who wore a very expensive brand of tennis shoes and who chatted on a new cellular telephone equipped with a popular R&B ringtone.

While glancing over her patient chart, I happened to notice that her payer status was listed as “Medicaid”! During my examination of her, the patient informed me that she smokes more than one costly pack of cigarettes every day and somehow still has money to buy pretzels and beer.

And you and our Congress expect me to pay for this woman’s health care? I contend that our nation’s “health care crisis” is not the result of a shortage of quality hospitals, doctors or nurses. Rather, it is the result of a “crisis of culture”, a culture in which it is perfectly acceptable to spend money on luxuries and vices while refusing to take care of one’s self or, heaven forbid, purchase health insurance. It is a culture based in the irresponsible credo that “I can do whatever I want to because someone else will always take care of me”. Life is really not that hard. Most of us reap what we sow.

Don’t you agree?

STARNER JONES, MD
Jackson, MS


Tea Party and Beck draw Blood in Massachusetts

January 19, 2010
Posted by Economics9698 @ 18:34 PM

The Tea Party movement came onto the national scene a little over a year ago about the same time as Glen Beck made his television debuted on Fox. In that short time both have raised from cult figures to national forces to be reckoned with. Beck has provided the public with much needed information that is easy to understand about the fascist nature of both the Democrats and Republicans. 41% of voters believe the two major parties are so close in philosophy that a third party is needed. With the grass roots organization by the Tea Party and the defeat of Martha Coakley in the Massachusetts senatorial run off the Tea Party is about to receive a lot of unwanted attention from the two major political parties.

Martha Coakley a better looking Janet Reno

Martha Coakley a better looking Janet Reno


The first will come from the left. With Coakley’s defeat the Democrats are going to come after the Tea Party with all they have. They will use overt tactics like New York Times columnist Frank Rich questioning the motives of the Tea Party calling them a “profit seeking affair” for charging $560 a head at their Nashville Tea Party Convention February 4th to the 6th. He demonizes the Tea Party for having the audacity to use the affair to raise money for their organization. Where was this tool when Obama was charging $28,500 per plate at the Beverly Hills Wilshire Hotel? The Tea Party needs to ignore the tools on the left and open the books for all to see. End of story.

The second attack will possibly be penetration and sabotage. The Palm Beach Post reports Orlando Attorney and Democrat Fred O’Neil recently changed his party affiliation to Tea Party and will field Tea Party candidates in selected congressional races. O’Neil states “We want to get one — but only one — conservative candidate on the ballot in November” in each race. “Sometimes the candidate that the Republicans put up is not a true conservative.” But many are questioning his motives suggesting he will be trying to split the conservative vote in Democratic congressional districts between a Tea Party candidate and the Republican. This would create safe districts for Democrats and foil any upset bids. Palm Beach Post staff writer Tim Dunkin argues that the Tea Party is better off taking over the Republican Party and not forming as a third party.

Florida Republican Senate candidate Marco Rubio

Florida Republican Senate candidate Marco Rubio


Fred O’Neil has also allegedly sent e-mails to smaller Tea Party groups threatening legal action against them if they continue using the name. Who appointed Fred O’Neil the protector of the Tea Party name? Nobody I know of. Sounds like political sabotage to me.

The third avenue of attack will be from the Republican Party. Republican candidates will use the Tea Party movement to advance their political careers. Two politicians come to mind. The first is Palin. She will be the key note speaker in Nashville. She is on the record on the Glen Beck show as having stated she will not charge for the event. What is her motivation? She declined a chance to speak at the Conservative Political Action Conference or CPAC. To me it’s pretty obvious. She is sending a strong message to the Republican establishment that she may run as a Tea Party candidate in 2012. Flashback to 1992 with Bill Clinton winning with 43% of the vote and Ross Perot 19% of the vote. If Palin runs as a Tea Party candidate she will get that 41% of the vote and then some. The Republican Party will be the third man on the outside looking in. Anyone who thinks this lady is dumb is delusional, a tool or dense.

Incumbent Florida Governor Charlie Crist and Republican Senate Candidate

Incumbent Florida Governor Charlie Crist and Republican Senate Candidate


The second candidate to use the Tea Party as a vehicle to rise to stardom is Marco Rubio. At 38 he is challenging incumbent Florida Governor Charlie Crist for the Republican nomination to the US Senate seat formerly held by Mel Martinez. In normal times before the Tea Party this would be a casual affair where the young upstart is gently put in his place come Election Day by the political establishment. But these are not normal times and the electorate is hyper aware of Crist’s record as a RINO.

The most recently supporting a high speed rail line to nowhere known to us locals as Poinciana south of Kissimmee. I can just see all those retirees and cowboys paying that $5 to go to the big city of Sanford. It was a pure pork project designed to get $2 billion in federal funds with no thought of where the line would have been utilized to its fullest advantage. With a little planning and political heat the line could have connected Orlando International Airport to Disney, Sea World and Universal Studios. It would at least stimulate the tourist industry. As it is it will cost federal and Florida taxpayers billions and utilization by the public will be limited. The death blow to Crist and his senatorial campaign and the rise of the Tea Party favorite Marco Rubio. Without the Tea Party this revolt would not have been possible.

Rubio’s motives may or may not be pure. But who is to say a young candidate like Rubio comes on the scene and just replaces an older candidate with a more established track record? The grass roots Republican Party using the Tea Party to clear a little dead wood and get a better candidate with a better chance of winning in position? Rubio is of Cuban decent and speaks fluent Spanish. Republicans need all the Hispanics they can get. Looks like it already happened. I would be dismayed and shocked if Crist wins this primary.

The point being is that the Tea Party can be a long term force or a flash in the pan. It will get attacked and used from all sides. Democrats, Republicans and the press. Welcome to the big show. The Tea Party needs to get more centralized at the national level to organize what its goals are. The main goal of the Tea Party should be to become independent of the Republican and Democrat Party. It should work with both parties when it is in their interest but keep a safe distance.

What the Tea Party leadership needs to remember is that 44% of conservatives ARE NOT Republicans for a reason. For me personally as a Libertarian I disagree with Republicans holier than though attitude about abortion. Abortion should be decided at the local level by the local people. I disagree with their attitude about gambling, prostitution, spending, social security, Medicaid, education and every other federal program they and the Democrats have inflicted on this land. Let the locals set up the types of communities they want and go away with your bible thumping patriots. Live free or die.

A lot of Democrats dislike their party just as intensely as I do Republicans. They hate the hijacking of their party by the radicals. They hate the deficit spending. They may be compassionate and want to help others but would rather do it at the local level where they can have direct access to the politicians spending the money. Maybe they support the Tea Party because they see no alternative to bringing back the Democratic Party to its roots before Woodrow Wilson when they truly were the party of the people. If the Tea Party becomes the lap dog of the Republican Party they can kiss any Democrat support goodbye.

What conservatives and liberals need to realize is both parties were hijacked by progressives at the turn of the 20th century. Teddy Roosevelt (R) and Woodrow Wilson (D) changed the parties into what they are today. There is not a dimes worth of difference between them and both are dedicated to dictatorship over the masses.

Scott Brown upset the establishment in Massachusetts

Scott Brown upset the establishment in Massachusetts


Traditionally in the past liberals would oppose the police state, militarization of society and imperialism. Their party has been taken over and now Obama is working with large corporations to conquer the world and eliminate competition. Monopolies and oligopolies for all. GE, GM, Goldman Sacks, Citi Bank to name a few of Obama’s favorites. Obama also wants to create a domestic police force just as large as the military. For what? We all know what and so do thinking liberals. And where do these liberals have to turn? Not their party. They are in the same predicament Republicans were with Bush spending like a drunken sailor on leave. If the Tea Party gets to close to the Republican Party this support will be gone and that segment of the Democratic Party will once again be in the political wilderness.

The correct course for the Tea Party would be to stick to its principals of limited government as outlined in the constitution of the United States and the elimination of the Federal Reserve as it is currently configured. Ignore wedge issues designed by politicians to create brain lock in the electorate like Global Warming and abortion. Ignore all other political distractions and concentrate on the core mission of returning the nation to the constitution and federalism. It’s that simple.

Field candidates as needed. There is no need to apologize for taking Republican votes. Republicans don’t own those votes and if they lose a few elections then so be it. Republicans got where they are because they have no principals. Let them suffer. Sooner or later if they don’t shape up the Tea Party will replace them. This argument that the Democrats will win every election if the Tea Party runs a candidate is absurd if the Tea Party appeals to the natural instincts of liberals to avoid a police state. All the Tea Party has to do is effectively communicate that message to liberals. Sooner or later liberals will wake up and see how their party has been over run with fascist that are taking them for a ride to the gulag.

What would I do if the Libertarians suddenly got 41% of the population supporting them? I would kick a little ass. Both parties deserve it and I would show no mercy. Raise money and field candidates. If the Republicans want to work together fine do it on equal terms. Same with the Democrats. Don’t be anybody’s bitch and kick some ass.


Coakley vs Brown in Mass.

January 19, 2010
Posted by clinicalthinker @ 15:40 PM

Everyone is interested in who grabs the Senate seat that once belonged to the late Teddy Kennedy.

Will it be Coakley or Brown?
Whatever happens it should be a wake up call for the Dems. … at how totally ticked off the mass is over their outrageous tactics and full bore corruption in their party.
Personally I will not hold my breath for their enlightenment.

Whatever success Brown has … the equally clueless NRSC (National Republican Senatorial Committee) would like to take credit. Their paltry donations are laughable.

In truth this was an uprising by the people, and a movement that will continue all across this country. THE PEOPLE can and will do this without the permission of Washington GOP elites.


Advice from an Israeli Agent

January 19, 2010
Posted by Economics9698 @ 7:33 AM

There is a lot of common sense information in this e-mail that points to the reactionary nature of government. This applies to security but also economics, health care, transportation and all aspects of bureaucracy. It is the age old dilemma of the “military fighting the last war” that applies to all aspects of government and why Libertarians support privatizing and no regulating most aspects of society. Government more often than not gets in the way of progress. Once in a while government does something right but for the most part if it’s politicized it lame and wasteful or in extreme circumstances deadly.

Juval Aviv was the Israeli Agent upon whom the movie ‘Munich’ was based. He was Golda Meir’s bodyguard, and she appointed him to track down and bring to justice the Palestinian terrorists who took the Israeli athletes hostage and killed them during the Munich Olympic Games.

In a lecture in New York City he shared information that EVERY American needs to know — but that our government has not yet shared with us.

Juval Aviv gives common sense advice on terrorism

Juval Aviv gives common sense advice on terrorism


He predicted the London subway bombing on the Bill O’Reilly show on Fox News stating publicly that it would happen within a week. At the time, O’Reilly laughed, and mocked him saying that in a week he wanted him back on the show. Unfortunately, within a week the terrorist attack had occurred.

Juval Aviv gave intelligence (via what he had gathered in Israel and the Middle East) to the Bush Administration about 9/11, a month before it occurred. His report specifically said they would use planes as bombs and target high profile buildings and monuments. Congress has since hired him as a security consultant.

Now for his future predictions. He predicts the next terrorist attack on the U.S. will occur within the next few months.

Forget hijacking airplanes, because he says terrorists will NEVER try and hijack a plane again as they know the people onboard will never go down quietly again. Aviv believes our airport security is a joke — that we have been reactionary rather than proactive in developing strategies that are truly effective.

For example:

1) Our airport technology is outdated. We look for metal, and the new explosives are made of plastic.

2) He talked about how some idiot tried to light his shoe on fire. Because of that, now everyone has to take off their shoes. A group of idiots tried to bring aboard liquid explosives. Now we can’t bring liquids on board. He says he’s waiting for some suicidal maniac to pour liquid explosive on his underwear; at which point, security will have us all traveling naked!
Every strategy we have is reactionary.

3) We only focus on security when people are heading to the gates.

Aviv says that if a terrorist attack targets airports in the future, they will target busy times on the front end of the airport when/where people are checking in. It would be easy for someone to take two suitcases of explosives, walk up to a busy check-in line, ask a person next to them to watch their bags for a minute while they run to the restroom or get a drink, and then detonate the bags BEFORE security even gets involved. In Israel, security checks bags BEFORE people can even ENTER the airport.

Aviv says the next terrorist attack here in America is imminent and will involve suicide bombers and non-suicide bombers in places where large groups of people congregate. (i.e., Disneyland, Las Vegas casinos, big cities (New York, San Francisco, Chicago, etc.) and that it will also include shopping malls, subways in rush hour, train stations, etc., as well as, rural America this time. The interlands (Wyoming, Montana, etc.).

The attack will be characterized by simultaneous detonations around the country (terrorists like big impact), involving at least 5-8 cities, including rural areas.

Aviv says terrorists won’t need to use suicide bombers in many of the larger cities, because at places like the MGM Grand in Las Vegas, they can simply valet park a car loaded with explosives and walk away.

Aviv says all of the above is well known in intelligence circles, but that our U. S. Government does not want to ‘alarm American citizens’ with the facts. The world is quickly going to become ‘a different place’, and issues like ‘global warming’ and political correctness will become totally irrelevant.

On an encouraging note, he says that Americans don’t have to be concerned about being nuked. Aviv says the terrorists who want to destroy America will not use sophisticated weapons. They like to use suicide as a front-line approach. It’s cheap, it’s easy, it’s effective; and they have an infinite abundance of young militants more than willing to ‘meet their destiny’.

He also says the next level of terrorists, over which America should be most concerned, will not be coming from abroad. But will be, instead, ‘homegrown’, having attended and been educated in our own schools and universities right here in the U.S. He says to look for ’students’ who frequently travel back and forth to the Middle East. These young terrorists will be most dangerous because they will know our language and will fully understand the habits of Americans; but that we Americans won’t know/understand a thing about them.

Aviv says that, as a people, Americans are unaware and uneducated about the terrorist threats we will inevitably face. America still has only a handful of Arabic and Farsi speaking people in our intelligence networks, and Aviv says it is critical that we change that fact SOON.

So, what can America do to protect itself? From an intelligence perspective, Aviv says the U.S. needs to stop relying on satellites and technology for intelligence. We need to, instead, follow Israel’s, Ireland’s and England’s hands-on examples of human intelligence, both from an infiltration perspective as well as to pay attention to, and trust ‘aware’ citizens to help. We need to engage and educate ourselves as citizens; however, our U. S. government continues to treat us, its citizens, ‘like babies’. Our government thinks we ‘can’t handle the truth’ and are concerned that we’ll panic if we understand the realities of terrorism. Aviv says this is a deadly mistake.

Aviv recently created/executed a security test for our Congress, by placing an empty briefcase in five well-traveled spots in five major cities. The results? Not one person called 911 or sought a policeman to check it out. In fact, in Chicago, someone tried to steal the briefcase!

In comparison, Aviv says that citizens of Israel are so well ‘trained’ that an unattended bag or package would be reported in seconds by citizen(s) who know to publicly shout, ‘Unattended Bag!’ The area would be quickly & calmly cleared by the citizens themselves.

Unfortunately, America hasn’t been yet ‘hurt enough’ by terrorism for their government to fully understand the need to educate its citizens or for the government to understand that it’s their citizens who are, inevitably, the best first-line of defense against terrorism.

Aviv also was concerned about the high number of children here in America who were in preschool and kindergarten after 9/11, who were ‘lost’ without parents being able to pick them up, and about our schools that had no plan in place to best care for the students until parents could get there. (In New York City, this was days, in some cases!)

He stresses the importance of having a plan, that’s agreed upon within your family, of how to respond in the event of a terrorist emergency. He urges parents to contact their children’s schools and demand that the schools too, develop plans of actions, just as they do in Israel.

Does your family know what to do if you can’t contact one another by phone? Where would you gather in an emergency? He says we should all have a plan that is easy enough for even our youngest children to remember and follow.

Aviv says that the U. S. government has in force a plan, that in the event of another terrorist
attack, EVERYONE’s ability to use cell phones, blackberries, etc., will immediately be cut-off, as this is the preferred communication source used by terrorists and is often the way that their bombs are detonated.

How will you communicate with your loved ones in the event you cannot speak to each other? You need to have a plan.

If you understand, and believe what you have just read, then you must feel compelled to send this to every concerned parent, guardian, grandparents, uncles, aunts, whomever. Don’t stop there. In addition to sharing this via e-mail, contact and discuss this information with whomever it makes sense to. Make contingency plans with those you care about. Better that you have plans in place, and never have to use them, then to have no plans in place, and find you needed them.

If you choose not to share this, or not to have a plan in place, and nothing ever occurs — good for you! However, in the event something does happen, and even moreso, if it directly affects your loved ones, then this e-mail will haunt you forever.

Telling yourself after the fact, “I should have sent this to so and so, but deleted it as so much trash from old Bill Jones, plus, I just didn’t believe it”, will not change anything. You were alerted, had the chance to do something, and instead of erring on the side of caution, you chose to disregard, if nothing else, a sensible, valuable warning.


Dems Stop Bleeding of jobs lost?

January 10, 2010
Posted by clinicalthinker @ 20:43 PM

I happened to see the Chris Wallace show today.
Being interviewed was Michael Steel Republican Party Chair and Governor Tim Kaine (D-VA) Democratic party Chair.

Wallace in his normal hard hitting questions manner brought up unemployment and the loss of 3 million jobs.
Kaine went into a lengthy diatribe about the success of Obama in creating jobs.
His comments were along these lines.
“This administration has been about jobs from day one”. The gist of the commentary was … the Democrats quickly acted to pass the recovery act which has saved the day (without Republican help) … this has saved the 800,000 job bleeding caused by Republicans. Now less than 100,000 jobs are only occuring a month so the Democrats have cut that loss by 90% … and this President is NOT GOING TO REST until there are no more job losses.

Double WOW!
Can we apply some common sense here?
Obama has done NOTHING to stop the job loss rate … it slowed on its own due to a natural progression. Perhaps how the companies who are still in business will remain in business because of a needed downsize. But leave it to some DUNCE to leap on a soapbox and claim credit.

Every time I hear this administration take credit for the good happening in this nation when the unemployment rate has continued to rise over 10% (as recorded) and is probably much higher if we counted EVERYONE out of work … I laugh outloud.

Who is stupid enough to believe anything any of them says?


George W Bush Still Hiding out in Crawford

January 6, 2010
Posted by Economics9698 @ 9:52 AM

George Bush our 43rd president hides out in Crawford, Texas while America is run by the village idiot communist from Chicago. The New World Order son carried out his duties to enslave America as best he could showing his true colors in the last year of his administration. The $152 billion bail out followed by the $300 billion bail out and finally the $700 billion bail out. So much for the free market. Unlike Obama who does not hide his contempt for the people and free markets Bush was just plain dense.

Bush 43 the New World Order

Bush 43 the New World Order


He allowed himself to first appoint Goldman Sacks alumni Treasury Secretary Paulson and then listened to him. It is now reported Bush warned of the Fannie Mae and Freddie Mac insanity 17 times prior to the melt down so why did he bail out the players? No bail out, no corruption. Actions have consequences but not with Bush and Paulson. Why did he not stick to his principals of capitalism?

I get so tired of hearing rationalizations for the bail outs that the world would cease to exist. That 50% to 80% of the banks would have disappeared overnight. And? Bye. Don’t let the door hit you on the way out. Are any banks out there making loans to small businesses today?

The banking sector would have rejuvenated with strong banks taking over market share. The Federal Reserve would have assisted in the liquidation of banks. Bankruptcy courts would have sold off profitable assets to viable firms. Yes it would have been bad. Yes the economy would have negative growth. But it would all be over now and the economy would be growing minus a few trillion in government debt. It would all be over now but instead we have the debt and inflation to look forward to as the economy recovers dragging it down like a mill stone around our neck. Capitalism works if you let the bad guys on Wall Street go bankrupt. The Bush bail outs will haunt the United States for decades.

So let’s look at the Bush accomplishments. Two wars when most would argue only one was needed. In hind sight does anyone want to relive the Iraq War with Rumsfeld in charge? Maybe with Gates we should have went into Iraq but with Rumsfeld and Bush it was a disaster. And it cost Bush dearly.

I understand the strategy of taking out a bad guy, isolating another bad guy Iran and killing a lot of terrorist. But come on six years? Would Eisenhower and Patton have wasted so much time? Lincoln? I don’t think so. Fact of the matter is the Iraq War was going bad in 2004 and after the election Rumsfeld should have been fired along with half the White House staff. While American soldiers bleed and died Bush was weak and did not seek out a Petraeus or Gates until two years later. Costly to his party, costly to our troops, costly to Iraqis and it led to the Democratic victories in 2006. A monumental blunder that will be forever taint his presidency.

On domestic policy how would you like to be told federal current receipts would grow from a low of 1855.9 billion to a high of 2682.9 billion? A nice 44% growth in tax revenues. After the Clinton NASDAQ bust and 9-11 this is exactly what happened. Bush cut taxes twice and revenues increased dramatically for the federal government. It’s even more impressive when you look at the time frame this occurred, only 58 months. 44% tax receipt growth in 58 months, from February 2002 to October 2007, works out to an astonishing 9% per year! Whoever said tax cuts lead to deficits never studied Arthur Laffer. The Bush tax cuts worked spectacularly just like all tax cut do when the rate of taxation is over 27% of the GDP.

Federal Spending under Bush

Federal Spending under Bush


Why do “educated” businessmen and women on financial shows like Fox’s Bulls and Bears continue to say cutting taxes lead to deficits? Spending and tax receipts are two separate issues. If you cut taxes revenues increase. If you spend more than you bring in deficits increase. If you spend less deficits decrease. Duh.

Unfortunately for Bush this growth was undercut by Freddie Mae, Fannie Mac, Alan Greenspan’s insane federal funds rates and the Democrats pushing the Community Reinvestment Act on the banking industry creating the housing bubble. By the time Bush left office tax receipts had fallen 16% off their high as foreclosures mounted.

Federal tax receipts under Bush

Federal tax receipts under Bush


And now for the bad news. Federal expenditures from 2001 to 2009 increased over 65%. Bush undercut every Republican principal by pushing federal spending to unprecedented levels.

Prescription drug benefits that benefited the drug industry, no child left behind that centralized power over education in Washington, two wars fought incompetently most of the time, homeland security spending on Hazmat fire trucks that sit all over America unused. And all that pork for nothing. Bush and the Republicans had a chance to pay down the deficit in the good years and instead chose to spend us into dictatorship. Bush trampled on civil liberties in the name of war. And that is and always will be his legacy. Another phony leader who’s only goal is to increase the power of the federal government and the New World Order. Like father like son.

His intentions may have been good but he surrounded himself with incompetents and fake conservatives. If he was really for the people he should have raided scholars from the CATO Institute, Heritage Foundation, American Enterprise Institute, Center for Freedom and Prosperity not Goldman Sacks rejects to serve his administration. His actions speak for themselves.

He chose drug companies and centralized federal government over the people time after time. He allowed civilians and soldiers to die for two years before he searched out Petraeus and Gates. He was no Abraham Lincoln. He was no Andrew Jackson. He was not for the people and his war legacy was saved by a couple of patriots. He led his party into minority status and forever tainted the brand name Republican. Even if the Republicans do well in 2010, and they will, the people have seen enough and are already mobilizing to defeat Republicans even as I write this. Tea Party movements will become Tea Party candidates all across America. 40% of the American population is without representation in the congress of the United States. Secessionist are forming in states like Texas and Alaska and have as much as 30% public support. This is the legacy of George W. Bush. A man who in the face of adversity cling to the stooges in Washington and abandoned his common sense.


The Obama Conspiracy

January 4, 2010
Posted by clinicalthinker @ 0:10 AM

Someone the other day pointed me toward this set of youtube videos. Yes I did take the time to watch all 12 of them. I opted to use the broken down format rather than the complete one because not everyone can devote over an hour and a half at one time. So watching a few a day might be better.

I have known about the Bilderbergers now for a long time. I applaud those willing to follow their progress and try and keep us informed. I have heard people question why would Obama do the things he does. This makes it quite clear it is all by design. He is a puppet and he does what he is told.

Out the window with how intelligent he might be … puppets don’t have to be smart they just have to do what they are told.

Unfortunately we are likely headed for a revolutionary war. US Citizens are not use to being slaves. When suddenly they wake up to the FACT that is what is happening right under their very noses they will stand and fight … even the cowards among us.

You take a look at this and decide for yourself.
Is this conspiracy theory or simple fact?


2010 the Last Gasp of the Republicans?

January 1, 2010
Posted by Economics9698 @ 10:37 AM

With the 2012 census congressional reappointment looming on the horizon will the 2010 mid term elections be the last chance for the republicans to gain power? With no viable alternative to most independent voters looking to avoid out of control Washington spending what other choice is there? Everyone despises republicans but what choice is there?

1874 Nast cartoon featuring the first notable appearance of the Republican elephant

1874 Nast cartoon featuring the first notable appearance of the Republican elephant

According to a NBC News/Wall Street Journal poll a Tea Party would get 41% of the vote on a generic ballot and is the only party with a positive approval rating. The republican have ruined heir brand name with two wars, prescription drug company benefits and out of control spending. The democrats are more insane and corrupt. The Dictatorship Party would be more honest in describing their government mode of operations. Insanity number one or insanity number two? John McCain or Barack Obama? John Boehner or Nancy Pelosi? Which client list are you on? You are not on the list? Peasant status for you, sorry pal.

The Tea Party is not really a party but a movement of white Americans to regain control over the political establishment and salvage some power to the people. Both parties have been fighting and out for a decade and their power lust destroying the nation in the process. So what is the hope?

The republicans will gain enough seats in 2010 to stop new legislation but by then it will most likely be too late. All the major pieces of legislation cannot be stopped and 2012 will see a permanent solidification of power to the democrats in congress. With illegals in democratic states being counted in the census any hope of limited government will be gone. The country will revert to a pre civil war voting pattern where power will be concentrated to a few eligible voters in districts with large amounts of illegal non voters. Much like the south with a few slave owners and thousands of non voting slaves. Special interest will gain power and the people will lose power.

The only real hope at this time is Sarah Palin running in 2012 as a republican presidential candidate and winning or as an independent Tea Party candidate destroying republicans in the process. As a republican could she win? Democrats have gotten quite good at cheating in elections the past decade. Even if she won would she be allowed to occupy the White House? Are there to many ideologues and low IQ voters for her to win?

Would she serve her country better by running as a Tea Party candidate and destroying the Republican Party? With 41% of the vote she might even win. As a Tea Party candidate could she set the stage for a mad dash of states seceding from the union?

Inflation and more banking collapses are just around the corner. All those small businesses staying afloat for the Christmas rush will no longer have any incentive to stay in business in a statist economy. The next wave of banking failures will be the commercial sector and re-failures of refinanced Fannie Mae and Freddie Mac loans. Congress has opened the floodgates to new bail out dollars delaying the pain farther down the road.

Obama has control over the banks, health care and manufacturing. Our country is fast becoming a dictatorship. Remember in the old days when we were proud of liberating countries from dictators and failed economic systems? Now we are the ones looking for liberation. And there is no one out there to deliver it.

What we are witnessing is the transformation of the republic to a dictatorship and the return of the dark ages to mankind. Just as Cesar crossed the Rubicon in 49 BC forever changing the Roman Republic to dictatorship so to has Obama changed our republic to a dictatorship with the acquisition of banks, manufacturing and health care.

What will it mean to the people? Wars will become more frequent and taxation higher. Those little skirmishes in Iraq and Afghanistan will become distant memories as Asia catches up to and passes the United States in political and economic power. How will China feel a couple of decades from now after losing trillions in the United States bond markets?

The people in the Tea Party inherently recognize the dangers of dictatorship just as the Iranian demonstrators inherently recognize the danger and disaster awaiting them if their dictatorship is not removed. The Iranian demonstrators realize that if their madmen get nuclear bombs the chances of Tehran being bombed by Israel increase exponentially. Most likely a nuclear bomber will get a few nuclear bombs in return. They know this in their hearts and souls. They risk death and die in the streets to do everything they can to prevent it. All they want is a chance for peace and economic freedom to make a living and raise a family. Just like 41% of Americans recognize our dictatorship will be disastrous to our families and peace. We will not be silenced.

As in America and Iran when the people let a dictatorship survive and thrive there is no peace, justice, freedom or family values. Only the power of the elites matter. Just like in Iran we need to do whatever it takes to remove the elites from power and return it to the people.

When the inflation kicks in, the foreclosures mount, the unemployment rises maybe it would be a good time for the states like Texas and Alaska to assert their God given right to self determination. Maybe it would be a good time for Palin and Tea Party members to give one final ultimatum to the Washington elite? Ya think?


Obama Parties in Hawaii While America Suffers

December 27, 2009
Posted by Economics9698 @ 12:25 PM

The communist educated Obama now seems to be enjoying the fruits of capitalism and the people like no president in recent memory. Steve Wonder, The Jonas Brothers lavish food including Celery Soup, Wild Mushroom Crisps, Steelhead Salmon with Citrus sauce, Crispy Spinach, Toasted Saffron Couscous Pearls, Baby Iceberg lettuce with Maytag Bleu Cheese and Yogurt ranch dressing and for dessert, Milk Chocolate velvet cake” – all served on gold-rimmed china. Trips to Europe, New York, China, Japan and everywhere in between. Between extravagant travel and parties the Obama’s are living the high life that would make King Louis XVI and Marie Antoinette jealous. They have easily surpassed Bill Clinton in their extravagance and disdain for the people. “Let them eat cake” was the quote attributed to Marie Antoinette as the peasants formed in the streets of Paris. Michelle Obama’s quote seems to be “Let them have health care” as the peasants formed in the streets of Washington.

Obama living the high life in Hawaii

Obama living the high life in Hawaii


The Obama’s and Washington will get the credit card out for the first and second quarters of 2010 and there will be “economic growth” just in time for the mid term elections. But then the third and fourth quarters will arrive and the bills come due. The Obama’s will ignore the peasants in the streets of Washington in 2010 like they did in 2009. They will throw lavish Wednesday night parties, Hawaiian pig roast, and jet set around the world and make pigs of themselves. They have no decency for the plight of their fellow man just like almost all liberals. Now the American people who voted them in are really seeing who they are. Shallow and selfish more concerned about ideology than the welfare of the people. “Let them have health care” and to hell with the rest. High taxes and health care as the businesses go under from the burden of government plundering.
“Let them eat cake” was the famous quote attributed to Marie Antoinette while the peasants starved.  Michelle Obama’s quote will be “Let them have health care” while Americans starved.

“Let them eat cake” was the famous quote attributed to Marie Antoinette while the peasants starved. Michelle Obama’s quote will be “Let them have health care” while Americans starved.


No statement of solidarity for the passengers on the Detroit flight that suffered a terrorist attack. Silence. The same silence King Louis and Marie had at the Palace of Versailles the Obama’s now enjoy in Hawaii. The peasants will once again rise up and Obama will end up with the same fate as King Louis XVI.


Health Care Insurance Stocks Soar to Protected Monopoly Status

December 23, 2009
Posted by Economics9698 @ 9:28 AM

With the prospect of government protected oligopoly status and the addition of millions of young healthy customers forced to buy their product investors are flocking to health insurance stocks. WellPoint had a 52 week low of $29.32 and is now at $60.05 near its high of $60.89. United Health Group had a 52 week low of $16.18 and is now at $32.15. AETNA 52 week low of $18.66 and now is at $34.00. Humana 52 week low of $18.57 and now trading at $45.79. Record highs for the year. A nice 100% plus gain since March. The health care reform legislation sure seems to be good business for the evil health care insurance industry.

MSNBC Reporter Dylan Ratigan

MSNBC Reporter Dylan Ratigan


What has happened here is nothing new. Governments have been setting up monopoly conditions in markets for centuries. Earl Gray and the importation and taxation of tea set the stage for the American Revolution. The Boston Tea Party was a protest of unfair trade and taxation of tea products. Governments and private companies do this to extract monopoly profits from the peasants. And now this practice has come to our health insurance.

This is how governments think. This is why the founding fathers separated government from business. This is why Andrew Jackson successfully fought with all his might to kill the Second Bank of the United States. Government has an inherent propensity to set up monopolies. It’s what they do. The reasoning is simple. Government is an unresponsive body designed to beat money out of peasants using force and coercion. That’s all it is. Nothing more than a bunch of Tony Soprano thugs beating down business owners and peasants for protection money. A bunch of lazy unproductive slugs willing to use force to live high on the hog. The founding fathers recognized this and did everything in their power to restrict government.

The bankers back in the early 20th century went to government to set up a monopoly bank we now call the Federal Reserve. Anyone wonder why those Wall Street types are so rich? It’s not because they are smarter than you. It’s because by concentrating the Federal Reserve in New York they are able to get inside information on financial conditions the rest of the country does not have access to. And that is the real reason the Federal Reserve is in New York and pretends to be regional. It’s a government monopoly designed to serve a narrow special interest group. And that all folks.

Congresswoman Debbie Wasserman Schultz another Political Science Major

Congresswoman Debbie Wasserman Schultz another Political Science Major


So why is financial reporter Dylan Ratigan of MSNBC so outraged when health care stocks rise 10% when this latest monopoly legislation takes hold? Did he miss history 101 in college? Or is he another victim of propaganda? He was probably told by his government school government is for the people and private business bad. The unusual crap and unfortunately for him he believed the propaganda. What we witnessed in his interview with Debbie Wasserman Schultz was another American coming to the realization that government almost never does what is in the best interest of the people. The same lesson our founding fathers realized 233 year ago. As for Mrs. Wasserman Schultz she’s a lost cause. People like her are the same ones who were saying the earth is flat and there is Global Warming.

A decade or so ago I was a math teacher. I taught math and hated the undisciplined students and overcrowded schools. But what I learned was not that our monopoly public school system was bad. I knew that and was already a strong supporter of vouchers. What I learned was how few people can really think coherently.

Algebra and other simple math classes require the ability to think rationally. It doesn’t depend on being pretty or talking a good game. It requires a little study and the application of a rational thinking process to get the right answers. I was simply astonished at the number of students that could not do simple logical thinking. These kids looked like normal human beings. They talked like normal human beings. It scared the hell out of me that these idiots would some day be voting!

Debbie Wasserman Schultz is an example of one of these idiots that cannot think. She most likely hated every math class she took. She passed the minimum and fled immediately to the refuge of political science. Oh the great world of illogical morons looking to control other people. People who think they are smart but are as dumb as a box of rocks. She is an example of why you should avoid anyone with a political science degree. To lazy to study something academically strenuous and brain washed up to her eyebrows in political crap.

And so we have another government created monopoly set up to plunder and pillage the peasants. Stupid morons like Debbie Wasserman Schultz set it up. It will cost you dearly. You think insurance premiums were high before? Oh yea baby you ain’t seen nothing yet.

Add health care to the Federal Reserve, education, post office, social security, AMTRAC and others. Dictatorship and the collapse are coming. The only thing we have to be grateful for is congress is spending us into a revolution. We just need to be smart and form a new government based on the founding fathers principals of limited federal government. We are repeating history because we strayed from the constitution. It’s that simple Debbie and Dylan.

MSNBC\'s Dylan Ratigan Yells at Congresswoman Debbie Wasserman Schultz (D-FL)


Health Care Industry gets $450 Billion Bail Out

December 21, 2009
Posted by Economics9698 @ 17:00 PM

The US Politburo has done it again. The dictatorship in Washington has ignored the will of the people and taken over another sector of the US economy. This time with a $450 billion bail out to the health care insurance industry. To most reading the political garbage in the main stream media this will come as a surprise to them. Affordable cost was the objective right?

Comrade Reid is very pleased to have you under his control

Comrade Reid is very pleased to have you under his control


The insurance industry saw an opening to consolidate market share and eliminate competitive practices for all time and they took advantage of it. Basically now all medical plans will have to be the same. This eliminates confusion but also makes it very easy for competitors to fix prices to near monopoly levels. Now with alternative forms of insurance closed down the insurance executives can get down to the business of price fixing. You the consumer will get plan A, B, C or D. And if you don’t like that you can pay on your own. Washington gets power and political patronage.

Monopolies look to deliver the least service for the maximum amount of revenue. The less innovation the better. Innovation will be almost gone. What equipment that the industry has now is what it most likely will be 30 years from now. Monopolies are not responsive especially if it will cost them money. New technologies will be sidelined for years before they are adopted.

Insurance companies will get to use the government as a back stop to deny claims. The government will be the bad guy now and insurance companies can say “it’s the governments fault not ours.” With huge amounts of profit to be made from denying insurance claims money will flow to politicians like a four foot wide sewer pipe full of feces. The pressure on government to deny claims will be tremendous both to make money for the insurance industry and to claim medical savings for voters. This is just evil.

The Hammer and Sickle fly proudly in Washington DC

The Hammer and Sickle fly proudly in Washington DC


The rich and upper middle income people will be able to pay out of pocket or buy better quality plans. For the rest of us we will be at the mercy of the government for health care. Consumers will be pitted against the insurance industry and special interest always wins in Washington. This is simply not a fair fight. This is evil.

The first to feel the effects will be the elderly. The Washington elites have been looking at the billions spent on the elderly for decades. Now they have their chance. The elderly will be powerless to stop them and they can look for inferior care for the rest of their lives. The elites will not care unless it is one of their own like Ted Kennedy. If you are 78 years old and need brain surgery you will not get it. You are now second class. Elections have consequences and this is a huge step towards eliminating “white privilege”.

So cost will increase, Washington dictatorship will increase, health care insurance profits will increase and you will die sooner. Hope and change are here. Hope you are a insurance executive.


Is Afghanistan a lost cause?

December 20, 2009
Posted by clinicalthinker @ 14:36 PM

For the most part the world would not consider me a dove.
Am I really a hawk?
If the people we fight for are not willing to fight for themselves I say LEAVE THEM ALONE. So goes it in Afghanistan.

Honestly it escapes me why we here in the USA are expected by our government to send troops and money to every other nation in the world who in the end hates us for the help or intrusion.

The job of our military is take care of the USA. If other nations need our help? … let them pay for it with their own money & military and then MAYBE WE WILL FIGHT BY THEIR SIDE.

If there is a skirmish in the middle east (when has there NOT BEEN?) let THEM settle it. Who said the USA is suppose to be bailout boy for everything?

Politicians who want to bail out other nations? Pack your bags … you get a free ticket (on us the American tax payer) to fight the good fight with YOUR OWN MONEY AND BLOOD!


Barney Frank Borrows Fascist Tactics from Hitler to Rewrite Financial Laws

December 16, 2009
Posted by Economics9698 @ 12:30 PM

Oh how the fascist regime of Hitler’s Third Reich lives on in the Democratic Party and portions of the Republican Party. Just as Hitler and his fascist took over the banking system in the 1930’s so do Obama and his fascist in the party keep pushing for control of banks today. Of course we remember the first shot was fired by Bush and McCain to “save” our banks. What they were saving the banks from was a bunch of worthless paper generated by Fannie and Freddie.

Fascist Frank from Massachusetts

Fascist Frank from Massachusetts


Imagine a world where the banks that got involved in sub prime mortgages were allowed to fail. 50% of the banking system gone. The most corrupt insiders out of a job walking the streets desperately trying to sell their McMansions at 60% of purchase price. True evil both in Washington and Wall Street exposed and out on the street. Justice over insane banking practices.

And you know what? If the process was allowed to go forward as nature and capitalism intended the banking system would be nearly recovered today. Sure it would have hurt but new companies with sound banking principals would have emerged. Foreign banking concerns not caught up in the corruption would have bought assets from the toxic institutions. The United States and the world banking system would be stronger with the riff raff out of the way. Wall Street would have learned a valuable lesson to never trust Washington. Capitalism would have done its job of killing the corrupt and exposing lunacy.

But it was not to be. Goldman Sacks alumni Henry Paulson saved his old company with one of the worse pieces of crap legislation ever passed in the history of America. It will go down in history as the federal government final push for dictatorship over the people. You know the good old standbys used by the ruling class to establish dictatorship, war, economic crisis and yet to be experienced sever inflation. And the inflation is just around the corner.

For those not paying attention the producer price index was up 1.8% or 21.6% annually. The consumer price index was up 0.4% or 4.8% annually. With a reduction in production overcapacity, money growth of 20% in the past year, monetary base increases of 120% or more what do you think will happen when the democrats push to lower unemployment to 8% with more printed money? A whole lot of dollars chasing less supply. Hey we all loved the 70’s we just didn’t want to relive them.

Hitler's money man Hjalmar Schacht.  Barney Frank's predecessor.

Hitler's money man Hjalmar Schacht. Barney Frank's predecessor.


And now our fascist congressman from Massachusetts is pushing more “reform”. He wants to set up a Consumer Protection Agency and have a Harvard professor (Elizabeth Warren) run it. Oh gee another Harvard affirmative action genius. Thanks but no thanks please give me somebody from the University of Montana or anyplace where people are not indoctrinated into the communist ways of the world. Anyplace but an Ivy League school. These people are the stupidest most elitist snobs on the planet. Time to destroy the temple. Throw out the money changers.

Fascist Frank wants to reinstall Glass-Steagall on a case by case basis. This 1933 act separated banks from brokerage houses. Hey Frank the problem was not Glass-Steagall or lack thereof it was your Fannie Mae, Freddie Mac and the Community Reinvestment Act that forced the hand of lending institutions to make bad loans to the “disadvantaged” members of America. Look and the foreclosures fascist Frank and you will see they trend very nicely with increased minority home ownership. Ouch that hurts but it is so true. That and your liberal white scum scamming the housing bubble.

And who exactly is going to be the judge of this “case by case” basis? And how will it be decided? Let me guess. Goldman Sacks contributed $10 million to the democrats. No need for action against them. Sun Trust contributed $3 million to republicans. Got to break them up. Yea fascist Frank we get it. Loser.

And fascist Frank wants to limit company size and complexity. How about letting them fail if they get stupid? No fascist Frank wants to dictate the terms a company can grow. Why who would not want our bankers to be competitive with the rest of the world’s bankers? Fascism first right Barney? Why hell a “republican” bank might get big and we really need a law to cut them down to size.

One part of the fascist Frank’s bill that is unconstitutional would be to prevent overturning of the Gramm-Leach-Bliley Act. Now citizen privacy is a noble idea but who in the hell does Frank think he is to prohibit future legislatures from modifying or throwing out Gramm-Leach-Bliley if they god damn well please. Does Mr. Frank think he is writing the bible or some other great work that should be followed for thousands and thousands of years? Does Mr. Frank have a connection to god we are not aware of?

And the taxes on institutions holding over $10 billion in assets. Why of course there has got to be a tax in there somewhere butt it’s to assist in the dissolution of failed institutions. Why didn’t you let Goldman Sacks fail the first time? Has anyone told Mr. Frank that the United States has bankruptcy courts? You know that rule of law thing?

And of course there has to be a bone thrown to the Federal Reserve to assist troubled institutions with cash. What the hell why not? And of course there is that slight minor detail of the government closing down “troubled” institutions even though they may be operating in the marketplace and have not asked to be liquidated. Hey what the hell just close them down if they don’t meet some obscure measurement like say donations to democratic politicians. You know all for the party or shut them down.

The move towards dictatorship moves on in the financial sector championed by fascist Frank and his party buddies. This is such a Hitler repeat of the 1930’s. This just makes me sick to be an American.


Federal Reserve Still Inflating the Money Supply

December 14, 2009
Posted by Economics9698 @ 13:18 PM

As has been pointed out by myself and many economists the Federal Reserve is dramatically increasing the monetary base. What does this mean? If the Great Depression is indicator inflation with high unemployment as the federal government continues to “crowd out” the private sector in its insatiable appetite for good and services. The ultimate end game is fascist control over the economy like that which occurred in America and Germany in the 1930’s.

Monetary Base

Monetary Base


Obama and the democrats have authorized another trillion or so of debt. Soon we will be approaching 100% debt of the yearly GDP. That would be the same as me making $100,000 and owing $100,000. Not such a bad thing if the debt was over a long period of time but in the past year the Federal Reserve has had trouble selling long term bonds. Most have been seven years or less. To further compound the problem the current administration is looking to raise taxes. This will stunt economic growth. As the pool of taxpayers dwindles more and more of this burden will be carried by fewer and fewer citizens. Income inequality will go down because there will be less prosperity. This will be celebrated by Obama and fascist economist like Paul Krugman as a great victory. There will be less rich people and more equality.

And that is the goal “equality” and power. Everyone knows the scenario. Thanks to Glen Beck and Neal Cavuto if people want it they can get a pretty decent overview of the game plan of the fascist. None of this is new. What will we do about it?

At a recent political gathering I was asked about the Federal Reserve and its function. Alex Jones and his crowd have been demonizing the Federal Reserve and is a proponent of putting the Fed under congressional control. This would be the worst possible scenario possible. Congress would print and spend every election cycle.

The gold standard? A lot of economist favor going back to the gold standard. And it has its merits. The problem though is you are tied to gold so as the commodity, like all commodities, gyrates up and down against the world of currencies your imports and exports gyrate along with the currency. When gold is high imports are cheap and exporting industries are hurt. When gold is low exports are helped and imports expensive. Not the most stable position for a country to be in.

MZM Money Stock.  Did you get a 20% raise in 2008?

MZM Money Stock. Did you get a 20% raise in 2008?


Regional banking worked from 1836 to 1913. Yes there were problems but we had a competitive banking system. Instead of the monopoly Federal Reserve a receivership bank could be set up to monitor reserve requirements and currency stocks. When there is a failure the receivership bank would liquidate assets and reimburse a set percentage of bank holdings below 100% of value but more than 80%. The loss of value would partially eliminate moral hazard conflicts. After closure and investigation of the failure if banking laws were broken the guilty would be charged and jailed. This system would be much more competitive and currency would not continually lose value like under our current system. According to Dan Mitchell of the Cato Institute we have lost 92% of the value of our currency since the Federal Reserve was formed in 1913.

Finally if the Federal Reserve is to be maintained congress should restrict its operations. Set the reserve requirement once and print money at say 4% increase plus or minus 1%. No fed funds, no discount window. Remove the Federal Reserve from all functions except to increase the money supply 4% in good times and bad.

My 2 cents on the Federal Reserve. Also according to these Federal Reserve charts the inflation rate looks to be going to 20%. What a shocker. The inflation rate during the FDR years varied on various commodities about 10% to 15%. Hmmmm. Are these guys that good?