Archive for the ‘Uncategorized’ Category
Paving The Way For An Obama Victory
From the Internet:
Bachmann: Hurricane and earthquake are messages from God to cut spending
With a single, air-headed phrase, Congresswoman Bachmann has shown herself to be totally unfit for the office of POTUS.
Sometimes frontrunner Rick “Good Hair” Perry similarly disqualified himself with his recent bible-pounding show at Reliant Stadium.
It is a simple fact that the combination of people on the dole, government employees, and union members give the democrat candidate over 40% of the vote, assuming most of the people in these categories show up at the voting booth. In other words, the democrat base is huge.
By contrast, the GOP base is quite small (and shrinking). It does not require the mind of an Einstein to figure out that the only way a GOP candidate can make it to office is by appealing to the libertarians and independents.
Read the rest of this entry »
There Is No Gulch, But…
In Atlas Shrugged, John Galt talked the leaders of production into joining him in a hidden place called Galt’s Gulch, where they could be free of government plunder.
We know that such a place is impractical, if not impossible, given current technology. In other words, an alternate society cannot simply hide in plain view via some electronic cloaking device, said device not yet being practical.
But, that does not mean that the leaders of production can’t organize some manner of “strike”. I believe it has already started. It is true that all of them are still running productive firms. Yet, they refuse to expand their operations – many having scaled down to a level of high productivity, using the fewest number of workers, such that they can remain profitable. And, what do they do with those profits? For many of them, the ones I consider to be almost on strike, the answer is nothing. That is, they just let the profits accumulate. No investments in expansion (after all, what for?), little funding for new innovation. Instead, they have tucked the money away are are just waiting. Possibly trying to out-wait the government, refusing to expand operations until the government comes to its senses and gets off their collective backs.
Read the rest of this entry »
Economics 101
The other day, I was listening to the radio as I drove to a nearby town. I was only half listening until I realized a reporter was interviewing a member of congress whose name I missed. This congressman was explaining that, now that the debt ceiling crisis was behind us, it was time for both parties in congress to work together to start creating jobs.
Are these morons really that stupid? The average American clearly understands that the only jobs government can create are government jobs. And, we most certainly don’t need more of those. As well, I have just re-read my copy of the Constitution and I see nary a word authorizing the federal government to create jobs. Certainly government has a role in the free enterprise system:
→ It is tasked with maintaining a stable currency. Current grade, F-.
→ It is tasked with creating and enforcing rules, such as contract law, patent protections and the like. Current grade, C.
→ It is tasked with establishing regulations that prevent states and nations from preying on each other through unfair and unethical trade practices. Current grade, D.
What should government be doing right now? I will answer that with an oversimplified view of our economic system.
To begin with, our economic system has two principal groups of actors: Makers and Takers.
Any Way You Look At It, You Lose
Obviously, this is a line from the famous “Here’s to you, Mrs. Robinson” from the movie The Graduate (no relation). The statement is made in reference to listening to presidential candidates debate.
I watched as much of the latest GOP debate as I could stomach, and, I came away convinced that NONE of these people, including late entry Rick Perry, represents the solution to the massive problems this nation faces.
I like Dr. Ron Paul a lot and I especially appreciate his ongoing efforts to inject some rationality into the national dialogue. But I know he is not about to become president and I go so far as to doubt that he should. Despite being so right on so many issues, Dr. Paul lacks the leadership style that the situation demands -and- he lacks executive experience.
New Words To An Old Children’s Song
The prices on the market go up and down
up and down, up and down
the prices on the market go up and down
day after day.
This is almost comical. It is like a herd of animals, caught between a range fire and a cliff. The fire scares them, they stampede toward the cliff — then the cliff scares them and they stampede toward the fire — then… and so on.
Meanwhile, the brokers are laughing all the way to the bank because they make their $$ off trading volume no matter which direction prices are headed.
I just wonder how long this can continue.
One is reminded of the fellow who got so confused he did not know whether to crap or go blind. So he closed one eye and farted. This makes about as much sense.
Troy L Robinson
Violence in the United Kingdom
Please pay very close attention to what is happening in the UK because it is the fate that awaits us. And, Obama can hardly wait for it to begin because it would supply the long awaited excuse to spring the dictatorship trap via a declaration of martial law. The greater the chance that Obama might lose the 2012 election, the more pressure on him to declare martial law before that election.
I wonder if participating in all those wars and having so many troops stationed overseas is partly calculated to have them out of the continental United States so that they will be unable to help WTP once the dung hits the whirligig?
Troy L Robinson
Foreign Aid To China
This morning, while roaming the Internet looking at news articles, I came across one where some folks in D.C. (Distribute Cash) were suggesting we save some money by ending foreign aid to China.
FOREIGN AID TO CHINA?
Surely I misunderstood. Sadly, I did not. Then a thought occurred to me. All around us we see such insanity in our government. The Congress starts up a new agency/bureaucracy in order to trade some pork for campaign contributions and/or votes, then off they go to the next pork-a-thon or pandering contest, forgetting all about the little monster they just created.
But, the little monster, having been given keys to the treasury vault, continues on, unsupervised, and such insanity as the U.S. giving “aid” to a country richer than we are, takes place.
Here is my idea: As these bits of insanity surface, we must demand that our government react, not by stopping a particular instance of insane spending, but, rather, by eliminating the entire program/agency/department responsible. Shut the whole thing down because, if they are guilty of one instance of insanity, they are (or soon will be) guilty of others.
Thus, WTP save, not the relatively few millions given to China, but the billions spent to operate the entire program/agency/department. This requires no special commission to spend months and millions, traveling about the country in luxury while generating a report nobody will take seriously. All it needs is for ordinary citizens to follow Berra’s principle that you can observe a lot by just watching.
If each TEA Party group would take it upon themselves to identify just one such outrage, then bring it to national attention along with generating the appropriate pressure on the Congress, WTP could drive down the trillions in deficit spending and, even better, start causing serious shrinkage to the monster our government has become.
Think about it.
Troy L Robinson
The S&P Downgrade
All the talking heads are now focused on the S&P downgrade of U.S. government debt, and speculating whether other rating houses will follow suit. I find that a very uninteresting discussion.
Why aren’t the professional blabber-mouths discussing a more fundamental question: How the hell does any entity get an AAA bond rating when it has a multi-trillion dollar debt that is growing out of control and that cannot conceivably ever be paid???
Might I hazard an answer to my own question? My analysis is that the principle amount of the debt simply does not matter.
How can it not matter? Simple. The principle amount supposedly owed does not matter because the money in question never existed to begin with. When you borrow what does not exist, who really cares whether you ever pay it back. Even if it were paid back, it would be paid in kind. That is to say, a debt of money that never existed would be paid back with other money that never existed.
You may well ask, at this point, why do we care at all?
We care because the whole point of this exercise is that the INTEREST paid on this debt is very real money. It is money extorted from the producers all over the nation. And, since we never pay down the supposed debt, the INTEREST is with us permanently. The S&P downgrade matters because it will likely raise the rate of this interest even higher.
Between the increasing rates on the interest, and the additional interest that must be paid on the additional sums of non-money the government is borrowing, eventually the overall amount of interest that must be paid will consume every last bit of wealth the producers are able to produce. Obviously, we will have failed as a nation long before such a point is reached.
How close are we at this moment? I’m not sure we are ready to deal with the answer.
Is the conversation “interesting” yet?
Think about it.
Troy L Robinson
Solving Unemployment
As I understand it, the administration uses several tricks to make the unemployment rate seem lower than it actually is. One of these is to stop counting a person as unemployed after their unemployment insurance payments run out.
If this is true, couldn’t we instantly lower the unemployment rate to 0 simply by discontinuing all unemployment payments?
Of course, millions of people might still be without jobs. The important thing is that they would not count! What a country.
Troy
I’m Just Asking
Quick question — why is Charlie Rangel, a long time crook who should be in prison rather than in congress, suddenly the darling of almost every talk show on Fox News? Even Huckabee now treats Cholly with obvious respect rather than the contempt he has so richly earned. And, the arrogant fool O’Reilly practically kisses Cholly’s butt on national TV.
What is going on here?
Troy
What Else Can I Say?
Following is a direct quote from my local (Whitney, TX) newspaper:
“The Governor of our great State, Rick Perry, has called upon U.S. Governors, fellow Texans, and people from all backgrounds and CHRISTIAN DENOMINATIONS (emphasis added) to join him August 6 for a ‘solemn day of prayer and fasting on behalf of our troubled nation’ at Reliant Stadium in Houston, Texas.”
Obviously I live in Texas – a fact I am quite proud of – and have for some years. I can attest from my own personal experience that Texas has become quite diverse in terms of religion and ethnicity. For instance:
Negro Fiddles While America Burns
Please ignore any racial connotation in the pun… it was simply too delicious not to use.
Most Americans who were educated before the Feds took over our school systems are familiar with the legend that the Roman emperor Nero stayed in his palace, playing his fiddle, while the heart (and foundation) of his empire was being destroyed (“Nero Fiddles While Rome Burns”).
The Obamanation has done much the same thing this week as he celebrates his birthday at multiple, lavish parties at the same time that his nation’s economy continues its decline. Now I don’t begrudge anyone a birthday celebration but, these particular celebrations on the part of a hypocrite who is constantly harping about “shared sacrifice” is a bit much for me to swallow.
No sooner had Obama cowed the GOP into caving into his demands for more debt than he is out demanding more taxes and additional “stimulus” spending. The insanity of increased taxes explains itself so let us examine the latter…
Good Article
Here is an excellent article written by Dr, Edward Hudgins of The Atlas Society:
http://www.atlassociety.org/producers_expropriators_john_galt
Troy
The Extent Of An Oath
Upon my induction into the United States Air Force, way back in the early 1960′s, I took a solemn oath to protect and defend the Constitution of the United States of America.
Since that time, it has been my position that this was and is an oath without an expiration date; that I was still bound by that oath, long after being discharged from active duty.
This brings me to the question of the day… is such an oath to be permanent and unconditional, come what may? I think the obvious answer is no. Let me explain why.
In its very essence, the Constitution of the United States of America is just another contract. In this case, a contract (or compact) between the several states and the people on one side and a federal government on the other. In so many simple words, the states and the people agreed to voluntarily surrender a part of their sovereign power to a federal government in return for the provision of specific beneficial services from that government along with its solemn pledge to stay within the confines of the contract.
A Rational Attempt To Address The Debt “Crisis”
OK – we have raised the debt ceiling yet again and, this round of hysteria should soon abate. That being the case, might we discuss this issue from a more rational point of view?
First, while I was against the raising of the debt ceiling by any amount, the actual dollar amounts involved, in and of themselves, are of little significance. Said another way, it matters little whether the United States owes $5 trillion or $25 trillion.
What matters is the SPENDING that causes this debt. More specifically, the precise ways in which this money is being spent.
I have no doubt whatever that, if by some miracle, the government could simply be pushed aside, American ingenuity combined with the power of a once-again free market would ignite our national economy such that GDP growth would soon trivialize the dollar amount of the national debt. If only!
As I have noted in other articles, part of our problem is that we allow the needed national discussions to be sidetracked – and this is done intentionally by those who would enslave us, with the help of their toadies in academia and in the media. This is done by distorting the language, by fear mongering, and, worst of all, by outright lies (such as the lie that failure to increase the debt ceiling = instant national default).
Read the rest of this entry »
Answers From The Past
As I have written here before, thanks to the machinations of our Federal Reserved System, that private, for profit corporation that manipulates our money supply, the United States of America now uses a currency that is based solely on debt. Not on gold, silver and anything else of tangible value but on DEBT!
I suspect that, like me, some of you may have wondered why any sane organization or nation would choose to do such a thing. Well, I needed look no further than the book “An Inquiry into the Nature and Causes of the Wealth of Nations”, written in 1776 by Scottish social philosopher Adam Smith. The following is a quote taken directly from the book:
Here Is What “Compromise” Reached In A Cesspool Looks Like…
Quotes from a Reuters article with embedded comments by me (IN CAPS)…
(Reuters) – President Barack Obama announced on Sunday that Republican and Democratic leaders had agreed on a last-ditch deal to raise the U.S. borrowing limit and avoid a catastrophic default, and he urged lawmakers to “do the right thing” and approve the agreement.
→ ONCE AGAIN, FAILURE TO RAISE DEBT CEILING = AUTOMATIC DEFAULT – THE CENTRAL LIE IN THIS WHOLE FANTASY.
Here is a summary of the deal, based on documents provided by both parties, as well as interviews with lawmakers and aides:
* The deal would allow President Barack Obama to raise the debt ceiling in three steps. Congress would get a chance to register its disapproval on two of these, but would not be able to block them unless it musters a two-thirds vote in both the House and the Senate — an unlikely prospect.
→ IN OTHER WORDS, THE PRESIDENT CAN RAISE THE DEBT CEILING 3 MORE TIMES WHETHER WE LIKE IT OR NOT.
A Compromise Sellout
As I write this, the House and Senate seem nearer to reaching a compromise on how best to sell out their constituents. To reiterate the lunacy that is causing this rush to ruin:
→ There is a drop-dead date of August 2 which, in reality, is totally arbitrary.
→ All of the media, including FOX News, constantly repeat the LIE that not raising the debt ceiling by the arbitrary August 2 date means instant default on our national debt.
→ Some of the debt rating houses are demanding a debt ceiling increase of AT LEAST $4 trillion or they will lower our debt rating from AAA to something lower, presumably AA. The consequence of this would be to raise the rate of interest we must pay when current debt is refinanced. Can you imagine the 3 credit rating agencies that rate personal credit telling a person who had maxed out all their credit cards that they could maintain a good credit rating by simply having the banks increase the credit limit on those cards? Hardly. This would be seen as the lunacy that it is.
→ Net, net, the compromise we see shaping up looks like about $3 trillion in additional debt in exchange for about $3 trillion in imaginary spending cuts that any sane person knows will never happen. Forget about any changes to the law or the Constitution that might impose future restraints. In other words, we seem headed for a “compromise” that continues business as usual. Is this what you folks were after when you voted for change in November 2010? I hardly think so.
“Fast and Furious”
The motivation behind “Fast and Furious” is quite obvious to me although none of the media (to my knowledge) seems interested.
Go back to the very beginning of the Obamanation nightmare. The drug war between the various Mexican drug cartels, sometimes spilling over the border into the United States, was just heating up. Some folks in the Obama administration, wanting yet another excuse to implement more gun control, announced to the media that “most” of the guns used by the Mexican drug cartels were flowing over the border from the United States. Presumably from irresponsible gun dealers and the like.
An initial investigation suggested this was, in fact, NOT true.
“Fast and Furious” was nothing more or less that a scheme by the Obama administration to make the original claim seem to be true. Ergo, actually making a seemingly valid case for a firearms crackdown.
As we all now know, those “irresponsible” firearms dealers were, in accordance with the law, reporting questionable attempts to purchase firearms and our own BATFE was telling them “sell away”.
This is yet another good example of the moral and ethical bankruptcy that pervades our federal government and another excellent reason for bringing federal spending under control by simply eliminating BATFE along with all of it peer agencies that are, themselves, more of a threat to our liberty than any foreign threat.
Troy L Robinson
A Bunch Of Bum Steers
Excepting a very few principled congresspeople, most of them freshpersons elected with TEA Party support, our House of Representatives is full of bum steers.
In case you don’t understand those words, let me help:
“bum”: A lazy or shiftless person, especially one who seeks to live solely by the support of others.
“steer”: a male bovine animal (or congressman) castrated before sexual (or political) maturity.
I find myself increasingly unable to tolerate news programs because I am so sick and tired of being lied to by these bums and their media toadies!!!
On the other hand, I am very glad the debt ceiling fiasco seems to be in deadlock and I genuinely hope it stays that way – at least until the end of August. The longer it goes on, the more the American people get a really good look at what kind of bums represent them.
