I see the Obama Campaign has decided the one word campaign slogan, FORWARD!. is not getting the results hoped for. As a result the Obama Campaign has turned to a Depression era meme brought up to date for a post-convention slogan.
Roosevelt ran on “a chicken in every pot. The Obama Campaign’s modernized slogan is:
A DOG IN EVERY POT
Stranger
The Daily Caller reports Bam has signed a bill to give himself the power of unchallenged appointment for many senior-level positions without Senate confirmation.
Given the flagrant corruption, cronyism, and Communism in our Federal bureaucracy, this is an open invitation to pack the civil service with politically motivated appointments. This bill must obviously be repealed – as soon as we have a President.
Stranger
I see the Boston Federal Reserve’s Eric Rosengren has proposed an “open-ended quantitative easing program.” Essentially what Rosengren proposes is for the dot gov to buy “mortgage-backed securities.” That would bail the banks and Fannie Mae out – by devaluing the currency and destroying the value of the US dollar.
I sure wish the schools taught history as they did in the 1940′s. That scheme has been tried before, in a place called the Weimar Republic.*
What the schools did not cover then and do not cover now is the utter destruction of both society and of societal values that accompanied the Wiemar Republic’s hyperinflation. Among other things, nice German girls, secure in the knowledge that their parents had a comfortable dowry to help attract a husband suddenly had nothing. Not even parents with any ability to contribute to their support. So many turned to earning their bread any way they could.
While site rules, “don’t offend women and preachers,” prevent me from a detailed discussion of what happened after 1924, there are several sites on the net that do. Try a search for “German films of the 1920′s.” And I can say that Hugh Hefner was a latecomer.
Stranger
Wiemar “Republic” is a strange name for the German government that emerged after Germany’s surrender in WWI. By definition, a “republic” has a heavily armed citizenry and a lightly armed government. Wiemar had a ruthless but irregular military, the Freikorps, and a totally disarmed citizenry.
S
Those who get discouraged by the thought of taking on the “big guys” on the issues should take a good hard look at yesterday’s Atlanta area elections.
Briefly, TEA Party activists took some $15,000 in donated money, added some legwork, and beat a ten million dollar campaign – by almost two to one. Briefly quoting the Atlanta Journal Constitution item linked above:
Tuesday’s outcome, Dooley said, also shot down many misconceptions about the group. Opposing Deal and the business establishment showed that the tea party is not just a wing of the Republican Party; forming alliances with the NAACP and Sierra Club showed a willingness to work across ideological lines; and winning showed that it’s not out on some fringe, she said.
In fact, the tea party scored a double victory Tuesday with the overwhelming popularity of a measure to restrict lobbyists’ gifts to state lawmakers. It was a cause the tea party championed during the last legislative session, and it positioned the group to push it with even greater vigor in the one to come.
Analysts said the tea party chose its battles wisely, tapping into voters’ strong anti-tax sentiments and doubts that public officials can manage big-ticket projects.
There is a really good reason for anti-tax sentiment. The greatest problem in our society is a rapacious government that taxes so heavily that it kills all economic progress. “Tax Freedom Day,” the day a typical American worker has put in enough hours to pay his or her local, State, and Federal taxes plus regulatory fees, was July 17th this year. Four years ago that Tax Freedom Day was May 5th.
So it has taken the single parent, the two worker family, and every other hourly or salaried employer 73 more days to pay the government than it did BO, Before Obama. With median family income said to be $49,000, Tax Freedom Day is expected to fall another 26 days later, to August 12th, in 2013 – if Obama is reelected and the Democrats retain control of the Senate.
It takes just one thing to defeat tax and blow propositions and candidates. A small amount of money, and a group of dedicated volunteers.
Stranger
GM, now run by the United Auto Workers, counts a car as sold when it is loaded on a truck to take to a dealer. Once at the dealers it will sit on the lot on “floor plan,” with the dealer paying a low rate of interest to have cars in stock.
All that is all well and good – when demand keeps up with supply. But when supply far outstrips demand, the dealer is suddenly in trouble. While the monthly interest on one car is not that great, interest on 600 cars is disastrous. Add the cost of a second lot to take care of the increased inventory, and default is an ever present possibility.
GM has been “protecting the employees” by keeping the production lines going even though demand is down. General Motors did that once before, in 1930 and ’31. The result was disastrous.
I don’t see the outcome as much better now. So expect a major selloff of 2012 year model inventory when the ’13′s start arriving. But this is hardly the economy to adopt a long term debt.
So I also expect a lot of dealerships changing hands this fall. Changing hands, or closing. Either way will be bad for the UAW rank-and-filers whose future has been endangered.
Stranger
Most of us remember when “tax freedom day,” the day when an average American wage earner made enough to pay their taxes for the year, came early in May, usually between the third and the eighth. But this year things are different. Obama says he has cut taxes.
So when was the new “tax freedom day?” For most American workers, the mythical “average two earner American family” finally made enough money to pay its Federal, State, and local taxes and the cost of regulations on July 17th. Not including that consumption tax called a “sales tax.”
So you and I had to work for twenty eight and a half weeks – out of fifty two – just to pay our taxes and fees. That’s some tax cut, there; brother.
Does your wallet feel a bit heavier today? Enjoy it – because the Clinton tax increases are to be reimposed January 1. Nicking you for another four weeks work next year.
While it is based on several assumptions – mark August 21st, 2013 on your Calendar and make plans to celebrate “Tax Freedom Day, 2013.”
Stranger
The statistics quoted in this HBO video clip are correct enough. And the United States, where the typical 11th grader was as well-informed as today’s BA’s, and where 8th graders could tell you the names, capitols, and principal rivers of every state; the names of the state’s Congressmen and Senators, Cabinet officers, the Vice President and the President; was the greatest country on earth. Now – it takes a bit over three minutes to watch this video:
We were the greatest. We have the resources to once again become the greatest. But we must stop throwing minds and talent away. And above all, we must stop allowing those who will gladly take everything the State offers to impoverish those who make. Because in the long run, there will never be enough to satisfy the takers.
Stranger
With food prices going up every day, ZeroHedge gives us glad tidings of neither comfort nor joy. The Department of Agriculture has cut the corn forecast by 12% – which means the 11 percent a year increase in food prices since ‘Bam took office is about to spike.
Of course, the gummit-up could put a stop to turning food into motor fuel. This would have very little effect on petroleum consumption, since most vehicles gas mileage worsens in proportion to the alcohol adulteration of gasoline (10% alky gives you 90% of the miles per gallon). But from what I have seen, the bureaucrats are not that smart.
Stranger
I see Obama wants Sasha and Malia to be rich. What he does not say is that he wants everyone else taxed into poverty.
Stranger
So Obama is going to Israel to talk to Bibi Netanyahu, worship at the Al Aqsa Temple, and make a side trip to Bethlehem to see the manger he was born in.
Stranger
