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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, October 29, 2010

FoxNews.com - AMB. JOHN BOLTON: A Stark Choice Between European Model Or the American Way

Worth a look if you have interest in considering the problems with the Marxist tendencies infecting American life today.

FoxNews.com - AMB. JOHN BOLTON: A Stark Choice Between European Model Or the American Way

These Are The Only 5 Countries Whose Pension Systems Can Survive

There are only 5 pension systems that this grading system considers survivable. The USA does not have one of these 5. Surprising to me, is that Japan is in such a bad situation and with their rapidly aging population (deaths are much higher than births in Japan) their pension system will not be able to cope with these negative demographics.

In the top 5, Chile has an old age pension system that is considered sustainable. I know a little bit about this one since after the troublesome 1970's political environment there, where Marxist government created havoc, the nation adopted the principles of greater economic freedom and started an obligatory PRIVATE pension system. Founded by the military dictator, Pinochet, it was the first to be entirely managed by the private sector.
On November 4, 1980, Chile, under the leadership of José Piñera, Secretary of Labor and Pensions under Augusto Pinochet, implemented with the collaboration of his team of Chicago Boys (a group of free market economists influenced by the Chicago school of economics of American economist Milton Friedman) the first comprehensive change of a state-run, defined-benefit pension scheme to a defined-contribution system managed entirely by the private sector (by pension management companies called "AFP"), under the supervision of a dedicated government agency, the Superintendency of AFP.

The Chilean system of personal retirement accounts started operating on May 1, 1981. Civilian workers covered under the previous defined-benefit plan had the choice of opting-in to the new system or of remaining under the previous system, such election being irrevocable. Workers hired after Jan. 1, 1983 must join the new system. Today 97% of civilian salaried workers are officially in the private system. According to the Superintendency of AFP, the system had accumulated USD $100 billion at October 30, 2007, an amount equivalent to 70% of the GNP of Chile.
From here. There are many positive aspects of this kind of idea. People in this pension plan (everyone) will only collect if the investments made on their behalf are successful. The people have an economic interest in the performance of the economy overall assuming that these investments are made in Chile (which I think that they are but do not know for sure).

There are things that one needs to consider; first is that savings of this kind create investment capital that is reinvested into the economy to create jobs and income. The other is that the risks to performance are borne by everyone and these risks are not socialized and given the participation rate of 97% (excluding the police and military covered under a separate system), socialization of risk is exactly what is happening but through investment risk not through the political hands of the government. The government is now largely out of the business of old age pensions in Chile. The last thing that one must think about is comparing a system that Chile has with the one that the US has through Social Security. Chilean participants save money, the money actually goes into an account and they are entitled to these funds. In the US, participants put money into Social Security and it is immediately spent on current benefits paid to others and any excess is spent on other government programs. The only thing that Social Security has is the ability of the American government to tax in the future on their behalf and there is a very real possibility that the promises made to people with respect to their Social Security will not be met.

These Are The Only 5 Countries Whose Pension Systems Can Survive

Thursday, October 28, 2010

Reagan - "Rendezvous with Destiny"

Still as appropriate today as it was this date in 1964. We must fight for what is right. The US has a rendezvous with destiny and we must not shirk those responsibilities with inward looking appeasement since it will never work for us or our children.



Wednesday, October 27, 2010

Absolutely the most stupid quote of the day.....

"Every single great idea that has marked the 21st century, the 20th century and the 19th century has required government vision and government incentive,"

-Joe Biden, Vice President of the United States of America-
Joe Biden is the blockhead of the century and deserves the empty suit Obamessiah.

Things that had little to do with government incentives in their original and inventive form....

Automobile
Airplane
Cell Phones
Clothing manufacturing and distribution
Computers
Electricity
Elevators
Farming
Fishing
Food distribution and retailing
Home building
Oil
Pharmaceuticals including aspirin
Television
Transistor
One could go on for hours.....

The real commentary is thinking about those critical and modern inventions and businesses that exist DESPITE meddlesome government intervention.

BIDEN: 'EVERY GREAT IDEA' IN LAST 200 YEARS 'REQUIRED GOVERNMENT INCENTIVE'...

Tuesday, October 26, 2010

How to Tell the Sex of a Fly.....

A woman walked into the kitchen to find her husband stalking around with a fly swatter.

"What are you doing?" she asked.

"Hunting Flies." he responded.

"Oh! Killing any?" she asked.

"Yep, 3 males, 2 Females," he replied.

Intrigued, she asked., "How can you tell them apart?"

He responded, "3 were on a beer can,
2 were on the phone."

Quote of the day.....

When the past no longer illuminates the future, the spirit walks in darkness.

-Alexis de Tocqueville-

Federal Eye - 'Government Doesn't Suck' march planned

Yes, they do. Undeserving people. Just like people that work on Wall can be all painted with the same brush, all Federal Workers suck as much as every single member of Congress and the irritating and inexperienced Petulent President.

Federal Eye - 'Government Doesn't Suck' march planned

Monday, October 25, 2010

Infrastructure spending: False expectations | The Economist

The scam by the American government that their political payoffs to their connected friends is actually a jobs or infrastructure improvement program. It is actually just taxpayer money down the drain...... $787 BILLION of completely wasted money!!!! Democrats must be so very pleased about this. A tiger does not change its spots, they are socialist buffoons. Every single one of them.

As the Obamessiah in his petulant fashion a while back.....



The whole point of stimulus is spending no matter how wasteful????

More petulance from someone that has never worked in the private sector.......



And whatever happened to all of those 'shovel ready' projects that were going to put people to work???




Infrastructure spending: False expectations | The Economist

Sunday, October 24, 2010

Comment of the day.......

Perhaps NPR can even take a few moments to explain to American Muslims why they're thought of as children who can't handle the slightest perceived politically incorrect comment.


The tolerance canard - The Denver Post

For worried parents....

Also, this test may come in useful for those just entering college and are not too sure about their new dorm mates.....

Epic fail......

Carbon monoxide detector with a snooze button recalled.....



Thanks to The Onion.

CBO Confirms: ObamaCare Discourages Work

Who would have thunk it? Dumbass Democrats....
The reason: The expansion of Medicaid and new health insurance subsidies will reduce “the amount of labor that workers choose to supply.”

(For perspective, half a percent of current payrolls is 651,000 jobs, though the impact would show up in both fewer jobs and fewer hours worked.)
Communist Democrats think that they can intervene in any economic system and that somehow they are adding value. But they are not. For every action, there is an equal and opposite reaction. there is no substitute for hard work, innovation and economic liberty.

CBO Confirms: ObamaCare Discourages Work

Saturday, October 23, 2010

CARPE DIEM: Richest Man in the World Says That Trillions of Dollars to Charity Haven't Solved Anything

Interesting thought....
"Billionaire Carlos Slim, the richest man in the world according to Forbes magazine, said he’d rather spend money on projects that create jobs than give away his cash as part of a fight against poverty.

“The only way to fight poverty is with employment,” Slim said at a conference in Sydney last month. “Trillions of dollars have been given to charity in the last 50 years, and they don’t solve anything.”
I do not agree with this, how ever, his wealth maybe more effective in reducing poverty by creating jobs then give the funds to some 'caring' individuals or group that may not really know how to deploy funds effectively. However, individuals in a community can make a difference since they see much closer the problems and potential solutions. Individuals time, effort and money can be effective.

CARPE DIEM: Richest Man in the World Says That Trillions of Dollars to Charity Haven't Solved Anything

Friday, October 22, 2010

Thought of day....

Oakeshott tells us something else is also at work, namely that some "prefer the promise of a provided abundance to the opportunity of choice and activity on their own account.," which is to say, some will shrug at liberty losses as they cheer pledges of income redistribution and extension of the welfare state.
This describes the 'something-for-nothing' crowd perfectly. This is the Democrats central plank in their economic life, willing to trade liberty for some economic good today. Take from one and distribute it to another. Over time, this distribution becomes more-and-more arbitrary. Take the Ponzi scheme of Social Security where funds are taken from working people and distributed to the wealthiest class of people on the planet. Whereas, the program began altruistically to assist destitute elderly during the depression, it has, however, magically transformed and it now is a massive unearned transfer of wealth. I argue that this transfer of wealth is arbitrary and wholly unfair.

Additionally, these transfers have an insidious side-effect. People come to believe that they deserve these transfers, that others owe them a life and a living and that they can get an intermediary, the American government, to seize others assets to gain these economic favors. So what happened to the American dream of hard work, self reliance and personal responsibility? These core values of Americanism are now stone cold dead and the rotting corpse of greatness is now the weaselly social welfare state. It is completely embarrassing when facing socialist Europeans that giggle and state that the US is now more socialist then their former states. They actually express that they wish that the nation gain back its footing and be a beacon of liberty in a slippery world. It hurts.

From The Detroit News: http://detnews.com/article/20101021/OPINION03/10210344/1008/OPINION01/Facts-prove-troublesome-for-Obama#ixzz133fblvsS

China?



This video is kind of silly since if the US fails, they fail too. The message is prescient but China is not a paragon of efficiency. They are gaining back what they lost through idiotic central planning policies under communism but they remain mired in the dullness of central planning and control and the arbitrariness that comes with it.

The positive of what is going on in China, is that liberty is ascending. Through technology and a growing economy, the people have gained more control over their own lives. Billions of people now have choices that they never had before. They have the opportunity to make good and bad choices, the central plank in liberty and a free people. We will see more-and-more positives and gains in freedom for the Chinese people. The central planners are losing more-and-more control over what the people think and do.

Quote of the day.....

As I’ve said many times before: Political correctness is the handmaiden of terror.

-Michelle Malkin-

Wednesday, October 20, 2010

Leftist dullards mock Palin for correctly referencing Boston Tea Party « Hot Air

Leftists and Democrats again attack Sarah Palin for referencing 1773 as an important year in the American fight for Liberty. Democrats, whose only real core value is abortion on demand, attack Sarah Palin in a knee-jerk fashion that is frankly embarrassing. So for all of you Democrats, December 16, 1773 American patriots dumped chests of tea into Boston's harbor to protest taxes levied on Americans from the British Parliament since these people argued that it violated their right to be only taxed by their own representatives.

Now, a government from afar in Washington D.C., is abridging the liberty of Americans by promising to seize their assets for Utopian redistribution purposes. It is a sad state of affairs but the American dream is dying. The experiment in liberty is dying. People will needlessly die due to the new experiment in socialism gripping the nation. Best of luck. It will not end well.

Leftist dullards mock Palin for correctly referencing Boston Tea Party « Hot Air

Tuesday, October 19, 2010

Frank Zappa's kids names.....

Most unusual...

Moon Unit Zappa
Dweezil Zappa
Ahmet Emuukha Rodan Zappa
Diva Thin Muffin Pigeen Zappa.

The Moral Case For Asking The Rich Pay Higher Taxes | The New Republic

The Moral Case For Asking The Rich Pay Higher Taxes | The New Republic

Have Scientists Finally Discovered Evidence for Psychic Phenomena?! | Psychology Today

Could it be that linear time, as we understand it, be incorrect? There is evidence that there is an ability of people and objects to supernaturally predict or be influenced by the future?
For example, Einstein believed that the mere act of observing something here could affect something there, a phenomenon he called "spooky action at a distance."

Similarly, modern quantum physics has demonstrated that light particles seem to know what lies ahead of them and will adjust their behavior accordingly, even though the future event hasn't occurred yet.
yikes.

Have Scientists Finally Discovered Evidence for Psychic Phenomena?! | Psychology Today

Monday, October 18, 2010

Calvin Coolidge got it right....



Starting at around the 2:00 mark....
These are some of the reasons why I want to cut down on the public expense. I want the people of America to work less for the government and more for themselves. I want them to have the rewards of their own industry. This is the chief meaning of freedom. Until we can reestablish a condition under which the earnings of the people can be kept by the people, we are bound to suffer a very severe and distinct curtailment of our liberties.
Even more appropriate today as the American government is creating a land of serfs to that very government that falsely claims to be both protecting them and serving them. It does neither and has eliminated the freedom that should be enjoyed by a free people.

HINKLE: First They Came for the Cartoonists . . . | Richmond Times-Dispatch

More on the weak press an its self censorship over Islamic issues....
Many characters occupy the park scene, from joggers to a giraffe. But not the Prophet himself. The cartoon was so mild even the hair-trigger Council on American-Islamic Relations took no offense. "The reference [to Muhammad] in this case was so vague that I don't even know if offense comes into it," said CAIR spokesman Ibrahim Hooper. Nevertheless numerous other prominent papers joined The Post in spiking the cartoon: The Boston Globe, the Chicago Tribune, the Dallas Morning News, the Philadelphia Inquirer, the San Francisco Chronicle, and more. (The Times-Dispatch ran the comic as scheduled.)

Wiley Miller, the artist, drew the panel to protest the dangerous rise of violence and censorship surrounding discussions of anything Muslim. Those include a 2005 controversy over cartoons in a Danish newspaper that sparked violent protests around the globe, as well as Comedy Central's decision earlier this year to alter an episode of "South Park" to avoid depicting Muhammad. The network did so after another episode, in which the Prophet was disguised as a bear, provoked a death threat from a Muslim group. Revolution Muslim warned that the show's creators would end up "like Theo Van Gogh" -- a filmmaker murdered in 2004 for making a movie offensive to Muslim sensibilities.
Worse than worthless, the leftist American press is now serving nothing but their own Democratic agenda. I guess that no one, even themselves, do not think that their new world of justice, government utopia and equality of outcomes is worth fighting for. I agree, this new world for losers is nto worth fighting for.

HINKLE: First They Came for the Cartoonists . . . | Richmond Times-Dispatch

Sunday, October 17, 2010

Democrats pact with the Devil

The Democrats pact with the Devil is their insistence of and unending and undying almost universal support of the barbaric practice of abortion. Each and every Democrat should be completely and totally ashamed. This is the one issue that keeps them in power and one that ensures that I do not and never will have any respect what-so-ever with anyone that is either a Democrat or votes for Democrats. So there.

Quote of the day.....

Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.

-Ferris Bueller-

Friday, October 15, 2010

"An ongoing war against the Jews"

Thought for the day....
Some believe that if America wants to gain credibility in the Muslim world and advance the cause of peace, Washington needs to put some distance between itself and Israel. My view is the opposite. Far from making peace more possible, we are making hostilities more certain. Far from making things better for the Palestinian people, sour relations between the United States and Israel guarantees that ordinary Palestinians will continue to suffer.



Power Line - "An ongoing war against the Jews"

Whoopsie daisy.....

Petulant and not very Presidential, the Obamessiah admits that there is no such thing as a "shovel ready project." Soooooo, what did we allocate the $787 billion porkulus spending bill that is one of the marquee issues of his disasterous presidency towards? As in typical local politics, its just a gigantic political payback that will ultimately lower the standard of living for the nation.

But as Charles Krauthammer pointedly comments....
“Well that is quite an admission. You know, a year and a half and half a trillion dollars later he says these things that I talked about endlessly don’t exist. It’s not actually surprising that he doesn’t know what a shovel ready project is. Having never worked in the private sector he wouldn’t be sure what a project is and there isn’t a lot of shoveling at Harvard Law School.” So I can understand that this was one of the greatest “Oops” in American history. And it’s going to be hard for a democrat when you show one tape against another. They’re goint to say, “So you supported a trillion dollars offered by a president who didn’t even know that this stuff that this stuff is not going to happen?”
A man is running the country that has absoluely no idea what he is doing. It is a sad state of affairs.

So the petulant and not very presidential is now saying that despite his arguments that the money was being spent on "shovel ready projects" it was not since there is no such thing as 'shovel ready.' So, what was the money spent on? This phenomenally wasteful and truly stupid spending has neither had the employment impact that was anticipated nor has it actually built anything useful since there is nothing that is actually shovel ready.

How Obama Secretly Courts Big Business - The Daily Beast

I absolutely love the title of this piece on Real Clear Politics.... "The Absurdity of Obamanomics." Or how about the 'the absurdity of Marxism?'

How Obama Secretly Courts Big Business - The Daily Beast

Thursday, October 14, 2010

Just Admit it, Newspapers: You're Scared of Muslims - Hit & Run : Reason Magazine

The American press has no guts and are proving to be completely spineless. Willing to unmercifully attack conservative women running for public office since they do not support abortion, they are scared to death (maybe this should be 'scared of death') to print anything that would be even just a little titillating when it comes to Muhammad or anything Muslim. Just look at the Danish cartoon controversy that infected the 'intellectual elite' at the icons of the American press that decided to not show these images even though they are arguably not that provocative. No guts, completely spineless and dodging their responsibility to the American public.

The attitude of the American press does nothing to serve the interests of the American people. Furthermore, complicating the presses failure, the American left is seen calling those people that oppose the ground zero mosque 'Islamophobes'. Who are the real islamophobes, those that express their opinions grounded in how they actually feel or those that are charged with the task and responsibility to communicate to their readers the world around them that are too scared to show these kinds of images? Who are the ones that harbor a phobia that is an irrational, intense and persistent fear of certain situations, activities, things, animals, or people? Are the people that protest against a mosque that is being built, bigots or those that absolutely refuse to show their readers something that is important and not really a big deal. Is it reasonable that the American press be held hostage to potential bloody violence perpetrated by frothing-at-the-mouth Islamists? Or is the press complicit in allowing these crazies to hold us all hostage to their narrow ideals? Isn't this an important story unto itself?

So why my rant today? Well, its this....
As Radley Balko noted in yesterday's Morning Links, the Washington Post and other newspapers pulled Wiley Miller's syndicated "Non Sequitur" cartoon from their comics pages two Sundays back, because Miller pulled a familiar-to-Reason-readers "where's Waldo?" gag with the Prophet Muhammad, satirizing the new 21st century taboo on the depiction of even jokes about the fear of depicting a historical figure who really existed.
About this cartoon....



You know, kind of like the child's where's Waldo cartoons but where's Muhammad. And this cartoon is poking fun at the spineless American publishers that would never dare to publish something like this since it mentions Muhammad. Jeez. The American press has no place in American life anymore.

Is it such a big deal? Is it worthwhile to self-censor like the news organizations do in Hong Kong that fear retribution by the boneheads in the Chinese Communist party? Isn't it embarrassing to these people? It embarrasses me even though I am not in the business. But this may explain the spineless actions by the both the Americanpress and rest of the world press when they self-censor...
Advice for my newspaper friends: Listen to Penn Jillette. "[W]e haven't tackled Islam because we have families," he says. "[A]nd I think the worst thing you can say about a group in a free society is that you're afraid to talk about it." There, that wasn't very hard, was it?


Just Admit it, Newspapers: You're Scared of Muslims - Hit & Run : Reason Magazine

Wednesday, October 13, 2010

EconomicPolicyJournal.com: Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster

Federal Reserve Chairman, Ben Bernanke is worried about the unsustainable path of US government is taking. In my opinion, the nation is on the slippery slope of socialism and will not survive this assault on individual and economic liberty.

EconomicPolicyJournal.com: Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster

Quote of the day.....

“There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences.”

-P.J. O’Rourke-

The Rise of Conservative Christian Women

The problem that the American left has with conservative women....... ABORTION. That is why they are so brutal to the likes of Sarah Palin, Sharron Angle, Christine O'Donnell and a host of other ladies. Its just ABORTION. Women's rights? Balderdash, its about abortion on demand. The right to eliminate a life arbitrarily since I feel like it. And since to the frothing-at-the-mouth American left getting things for free, especially 'healthcare' even though abortion on demand has almost nothing to with an individual's 'healthcare' but has everything to do with convenience, then this is the BIG issue for these clowns.

Despicable is a word that is just too weak for Democrats. Idiots. Abortion is the Democrats pact with the Devil.

The Rise of Conservative Christian Women

Tuesday, October 12, 2010

Total Population by Country, 1950, 2000, 2015, 2025, 2050 (Medium-Fertility Variant)

Some of these top 20 countries by 2050 are somewhat surprising.....

1 India 1,572,055
2 China 1,462,058
3 USA 397,063
4 Pakistan 344,170
5 Indonesia 311,335
6 Nigeria 278,788
7 Bangladesh 265,432
8 Brazil 247,244
9 Dem. Rep. of the Congo 203,527
10 Ethiopia 186,452
11 Mexico 146,651
12 Philippines 128,383
13 Vietnam 123,782
14 Iran 121,424
15 Egypt 113,840
16 Japan 109,220
17 Russian Federation 104,258
18 Yemen 102,379
19 Uganda 101,524
20 Turkey 98,818

Total Population by Country, 1950, 2000, 2015, 2025, 2050 (Medium-Fertility Variant)

Gloria Center: Muslim Brotherhood Declares War on America; Will America Notice? [Article]

More from the frothing-at-mouth Muslim world.....
OK, enough of a build-up? Well, it isn't exaggerated. So don't think the next sentence is an anticlimax. Here we go: The leader of the Muslim Brotherhood has endorsed (Arabic) (English translation by MEMRI) anti-American Jihad and pretty much every element in the al-Qaida ideology book. Since the Brotherhood is the main opposition force in Egypt and Jordan as well as the most powerful group, both politically and religiously, in the Muslim communities of Europe and North America this is pretty serious stuff.
From here. Of course, I am sure that the Obamessiah is all over this threat and is planning to deliver a newspeak speech against these "man-caused disasters" (the new phrase to replace "terrorism"). I am sure that by ignoring the problem or changing the name to less descriptive name, the problem will surely not manifest itself.

Also, the Axelrod administration changed the name of the "Global War on Terror" [GWOT] to the "Overseas Contingency Operation." since this finely adjusted word will surely appease all of those Arabic speaking jihadis with 3rd grade education. Remember as Churchill once said....“An appeaser is one who feeds a crocodile - hoping it will eat him last”

Gloria Center: Muslim Brotherhood Declares War on America; Will America Notice? [Article]

Monday, October 11, 2010

In Islam, there is proper etiquette for beating a woman.....i

But remember, beating is to honor a woman. But only beat her on the torso, to discipline her, and never on the eyes or break her teeth or beat her face to make her ugly......



What is with these Muslim men? Are their egos so weak that they have to beat women to make themselves to feel better?

Gary Hubbell: The Redneck tree hugger | AspenTimes.com

Gary Hubbell: The Redneck tree hugger | AspenTimes.com

Sunday, October 10, 2010

Brits' sense of humour fails at the age of 52, study finds - Telegraph

Is it a British thing or an age thing? I think that it is a British thing. Brits have so much more to be grumpy about!!!!

Brits' sense of humour fails at the age of 52, study finds - Telegraph

Friday, October 08, 2010

You can't even say that that 'the only good Democrat is a dead Democrat' since they they still vote even if they are dead!

YouTube - Michele Bachmann Slams Pelosi "unfortunately the Speaker Has No Idea on How to Run Economy"

I love hearing the nonsense that comes from leftists (Marxists)in Washington. Pelosi, says that foodstamps are great stimulus for the economy. Its sad that Washington has to look to the great society social safety net as somehow helping the economy. Democrats are worse than worthless when it comes to managing the nation's economic life......



No one can manage an economy. Those that think that they can redistribute funds more efficiently or effectively than the free market is hallucinating. Furthermore, government spends tax dollars on on mish-mash of programs and we never think or consider what the individuals would have done with the money that was either taxed or borrowed from them.

i do not think that this all will end very well. The US has gone too far down the slippery slope of socialism and with the recent push for the past 4 years from Pelosi and Reid and the last 2 from the feckless Obamessiah, i think that it will be very difficult to regain footing without a cathartic cleanup or cleanout.

YouTube - Michele Bachmann Slams Pelosi "unfortunately the Speaker Has No Idea on How to Run Economy"

Saving Saving - By Andrew Stuttaford - The Corner - National Review Online

The writer addresses the question as to why savings rates are lower in Western industrialized nations. I am sure that there are many reasons and this article delves into tax policy that is hostile to savings and as a result, encourages consumption. Why save, if your profits arehighly taxed but if you consume it, it is not?

But even more insidious, is that savings are taxed on phantom profits resulting from inflation creating effective taxes on savings that sometime are over 100%. Additionally, the threat of means testing such programs as social security means that if you have saved 'too much' that you will not receive the payments that you have both paid for and are entitled too.....
Also avoided is one other point well worth mentioning in the light of current debates. To what extent would the means testing of social security (and Medicare) entitlements operate as a disincentive to save? Quite a bit, I reckon.
So, why risk government changing it mind years down the road. Spend it all now.

Saving Saving - By Andrew Stuttaford - The Corner - National Review Online

Thursday, October 07, 2010

What the heck is this????

Paraprosdokians - Figure of speech in which the latter part of a sentence or phrase is surprising or unexpected.

+ I asked God for a bike, but I know God doesn’t work that way. So I stole a bike and asked for forgiveness.
+ I want to die peacefully in my sleep, like my grandfather. Not screaming and yelling like the passengers in his car.
+ Light travels faster than sound. That’s why some people appear bright until you hear them speak.
+ If I agreed with you, we’d both be wrong.
+ Knowledge is knowing a tomato is a fruit; Wisdom is not putting it in a fruit salad.
+ Evening news is where they begin with ‘Good evening’, and then proceed to tell you why it isn’t.
+ To steal ideas from one person is plagiarism. To steal from many is research.
+ A bank is a place that will lend you money, if you can prove that you don’t need it.
+ Why do Americans choose from just two people to run for president and 50 for Miss America?
+ Behind every successful man is his woman. Behind the fall of every successful man is usually another woman.
+ You do not need a parachute to skydive. You only need a parachute to skydive twice.
+ The voices in my head may not be real, but they have some great ideas.
+ Always borrow money from a pessimist. He won’t expect it back.
+ Hospitality is making your guests feel like they’re at home, even though you wish they were.
+ Change is inevitable, except from a vending machine.
+ You’re never too old to learn something stupid.
+ I used to be indecisive. Now I’m not sure.
+ Money can’t buy happiness, but it sure makes misery easier to live with.

Tuesday, October 05, 2010

Do You Recognize This Marxist Country?

Do You Recognize This Marxist Country?

Monday, October 04, 2010

Fed Bond Buying’s Unintended Effect May Boost Rates (Update2) - Bloomberg.com

Government is running out of rope. The problem with quantitative easing is that everyone knows that this is an attempt at an easy way out of a difficult problem. So, why is that you may ask? Well, the end goal of quantitative easing is that the Central bank through its purchases of government bonds is trying to push so much money into the system that it sparks lending, investment and economic growth. More supply will lower prices as the thinking goes. The problem, though, is that it is also an attempt to fool markets and ultimately is a real-time debasement of the currency, the value of money and the real return of investment. The consequences to investment is that by debasing the currency, that fewer and fewer investors will look to make longer-term investments since the longer-term outlook and the supply of money is less certain int eh future.

So, in other words, we know that the interest rates are comprised of 2 factors; 1. A real rate of return; 2. Inflation expectations. So, no matter how hard a central bank tries, it cannot fool the market since these 2 factors are already set by the market. The only thing that the Central Bank can do is to pay too much for the bonds and the market will be more than willing to sell them to them at this inflated value. And as the Central Bank tries harder and harder to push interest rates down, long-term risks to inflation increase and therefore cause interest rates to rise since inflation expectations increase.

It is very difficult in any circumstance to control or assist an economy from a central authority standpoint but evenmore difficult is one decreases the value of your money down the road. It is a recipe for disaster.

Fed Bond Buying’s Unintended Effect May Boost Rates (Update2) - Bloomberg.com

Socialism and its different forms.....

Why nationalize industry when you can nationalize the people?

-Adolph Hitler-
You think that you own your own body or the fruits of your time, effort and labor? Think again!

J.C. WATTS: Why is the Tea Party on a roll? - Opinion - ReviewJournal.com

"Finally, when the state, on the eve of ruin, maintains only a vain, illusory and formal existence, when in every heart the social bond is broken, and the meanest interest brazenly lays hold of the sacred name of 'public good,' the general will becomes mute: all men, guided by secret motives, no more give their views as citizens than if the state had never been; and iniquitous decrees directed solely to private interest get passed under the name of laws."

-Jean Jacques Rousseau, 18th century French philosopher-
The beauty of the American people, is that have not kept silent as the leviathan has grabbed hold of American existence. As the leviathan increasingly seeks only to serve its own self, it dictates what to do, what to think and how to behave. However, as Rousseau penned, it is sold as 'for the public good.' As we know in his time, the bloody French Revolution was brewing and we thankfully have a large segment of the population willing to work within the current political system. However, we have to be aware and vigilant that this may not last and that significant and violent conflict may result as the leviathan seeks to shut down a popular uprising.

The above quote was taken from a piece written by J.C. Watts, former congressman from Oklahoma.

J.C. WATTS: Why is the Tea Party on a roll? - Opinion - ReviewJournal.com

The new religion of Global Warming seeks to eliminate those apostates and non-belivers.....

In bad taste, if you are not a committed believer (infidel) in the religion of Global Warming or are a apostate, then you can expect death like the video below encourages.....



Like Islam, that encourages death to apostates or infidels, global warming adherents not only argue that these people should be killed but also that the planet needs to be depopulated in order for humanity to be sustainable.....
World population is, by all intents and purposes, completely out of control.

Plans are underway now, implemented by the New World Order Elite, to depopulate the planet's 6-7 billion people to a manageable level of between 500 million and 2 billion.

There are many means and methods of depopulation that are being employed today, the 3 primary of which include; unsustainable/exploitative international development, which leads to massive hunger, starvation and famine worldwide (at least 40 million deaths annually), the fomentation of war, hatred and military procurements throughout the nations leading to millions of deaths worldwide, and finially, the creation and spread of infectious diseases leading to global pandemic, plague and pestilence on an unprecedented scale.

Other methods used include; the build-up and use of nuclear, chemical and biological agents, weapons and warfare, the poisoning and contamination of the planet's food and water supplies, the introduction and use of deadly pharmacuetical drugs in society, weather modification and the triggering of earthquakes, volcanic eruptions and tsunamis through electromagnetic psychotronic weapons both on Earth and in space, the promotion of homosexuality to limit population growth and spread the deadly AIDS virus, forced sterilization in countries such as China, forced vaccinations, abortion, euthanasia etc..
From here. But the most amazing thing, its like one of those Bond villains like Drax that was going to poison the earth and kill its inhabitants and repopulate with his chosen few.

This is the committed left,not just in Europe but it has also infected the US.

Saturday, October 02, 2010

Of course we all know that the typical conservative voter is a frothing-at-the -mouth racist.....

That is why we see such drivel coming out of the leftist press such as this idiotic piece from Matt Taibbi that argues that not only is the tea party a racist movement but is also a hypocritical movement by elderly Medicare consuming people, here.

A truly disgusting and objectionable piece of pseudo-journalism.

But as we see below, there are NO people of color involved with the Tea Party.....

Bigger and less effective/unaccountable government.....

We have given government more-and-more tax dollars and what have we gotten for these increases in our money?

Please have a look at these 2 charts produced by the conservative think tank Cato Institute.....



So, lets see.... Employment has risen dramatically relative to increase in the student populations over the past 40 years. And also keep in mind, that 1970 represents the middle of the baby boomers where school populations were relatively high, and the first year of the boom were 24 and the last year, 11 years old, so there is little to argue for some kind of base year argument against the analysis.

And we can see from the chart below that the increase in spending has not had an appreciable impact in student performance.....



Charts from here.

Some of these changes can be explained by changes in the student/teacher ration....

Term/Concept....... 1960 1970 1980 1990 1995 Source
Pupil-teacher ratio 25.8 22.3 18.7 17.2 17.3 (Hanushek, 2002)
Pupil-teacher ratio 25.8 22.3 18.7 17.2 17.3 (NCES, 2000))
Source: Achilles, 2005, p. 13

So it appears as if in the period 1970-to 1995, that the number of teachers relative to students has risen about 25%. So this partially explains the increase in employment however is far from explaining the magnitude of the increase.

But actually the real problem is that many more administrators have been hired. But also given the large increases in costs and employment, we as taxpayers expect positive performance but this has not been achieved.

So essentially, this is a great illustration of the poor performance and incompetence of government. We have allowed these institutions to be unaccountable to performance and have handed them the ability to overspend wildly.

One third of 'extinct' animals turn up again | Mail Online

I guess that someone forgot to tell these creatures that they are extinct. But, this is not shocking to me. Environmentalists have used their position to try to take some economic and political control of people by using these levers. Species extinction, global warming or renamed as 'climate change', environmentalist should be considered for exactly what they are, and that is dupes for the hard Left.

One third of 'extinct' animals turn up again | Mail Online

Quote of the day.....

BUDD FOX: “Why do you need to wreck this company?”
GORDON GEKKO: “Because it’s wreckable, all right?”

Friday, October 01, 2010

The Great U-Turn - James C. Bennett - National Review Online

An optimistic James Bennett see recent political movements in the US as a u-turn from the socialist lurch experienced over the last several years. American progressives and socialists lean on the demographically indulgent Social Security and Medicare programs as successful and popular accomplishments in the Marxist remake of the American economic and liberty experience. As he correctly identifies here.....
Optimistic progressives pointed to the accomplishments of the New Deal and the Great Society as evidence that the U.S. could and eventually would achieve their full agenda. Social Security was, after all, a universal welfare entitlement, even if it had to be disguised as insurance; Medicare was the seed of a socialized medical system. Many of the eastern and West Coast states had gone farther with the progressive agenda than the country at large. They were the richer and better-educated parts of the country, and were therefore beacons of the future.
However, he also identifies that the whole progressive program actually trades individual liberty for the greater good by centralizing American society in Washington. Indicative of this slippage of rights is one where the Obamessiah seemingly reread what was on the teleprompter in a speech recently, (see the video, here), where he eliminated the mention of the creator in a passage in the Bill of Rights and substituted inalienable rights for unalienable rights. Essentially eschewing the American foundation of personal rights from those we are born with granted by God and replaced with rights granted by government. Remember, those rights granted by government, inalienable rights, can be taken away whereas those granted by God, unalienable rights, cannot.....
For decades — at a minimum, since the beginning of the Progressive Era, and arguably earlier — America had been on a course toward a more centralized society, one in which individualism as it had been understood since before the Founding — a society built on independent families living on their own properties, most of them farms — was being replaced by a different vision. The progressive vision was one of citizens as employees whose existence was mediated by negotiations among large corporations, unions, and government agencies. For such subjects, “rights” were to be a designated set of entitlements granted by those organizations.
I am not so optimistic by this slippage of rights. We are trading essential God given rights of life, liberty and happiness for an encumbrance on our lives and our children's lives to provide these newly granted economic consumption rights. Such programs as Social Security and Medicare will ultimately hold citizens hostage to government arbitrarily allowing citizens to enjoy these economic rights that they supposedly paid for over a lifetime. After paying into these programs for a lifetime, who is going to voluntarily give up these government minted rights? And why will our children voluntarily give up so much of their property, fruits of their labor and economic future just to fulfill the promises that the people collecting these benefits made to themselves through a unaccountable government? It seems to me that it would be foolish for them to do-so except through coercion and seizure of this property.

So, how can this u-turn be effected? At one point, many will have to voluntarily give up property (future economic payments) or these rights that they have dutifully earned or paid for. A whole new world of haves and have-nots will be created. Arbitrarily decided through a central authority that has absolutely no idea how to maximize the outcome for society as a whole. And this gets to the whole central theme of American progressive socialism, the creation of a society where people enjoy the the equality of outcomes and not the equality of opportunity.

I do not believe that that a free people will allow themselves to be held hostage to these socialist nebulous ideals. There will always be those that fight within the political process, as Mr. Bennett optimistically theorizes, but also there will be those that fight outside the political process, such as black market operators and organized criminals, and this includes the prospect of bloody and deadly violence.


The Great U-Turn - James C. Bennett - National Review Online

Bill O'Reilly vs. Bill Maher On Religion - 09/30/10 Video

Worthwhile to have a gander, the not so funny comic, the snarky Bill Maher, tussles with Bill O'Reilly on Maher's twisted thinking that normal Americans are stupid. Maher also expends extraordinary effort denigrating the Christian religion but also exposes his deep ignorance of the topic. But for those of you that feel similarly, remember that Maher's leftist progressive thinking is also applicable to any religion. His irreverent denigration to the Christian Bible also applies to the Koran, the Hindu beliefs, Buddism and a raft of other beliefs presumably including the religion of Environmentalism. I suppose that the only think that Maher believes in is atheism and his own intelligence....