In Closed-Door Meeting, Cantor Warned of ‘Civil War’

Republicans deserve to go the way of the Whigs. Republicans are not as bad as Marxist central planning immoral Democrats, but they have become the Democrat-lite party. Republicans are for whacky central government spending, just not as much as Democrats. They are for confiscatory taxes just not as much as the Democrats. Republicans are still right-to-life and I think that this is the right thing, but some are calling for softening this position. That would not just mean more unborn children being brutally murdered but the moral bankruptcy and death of the party themselves. It will be a Republican abortion. I will never respect any Democrat due to their position on abortion so I could never respect a Republican if they became Democrat-lite on this.

I say good riddance. I hope that the next party that comes along is responsible and has a stronger moral compass than the two current parties have.

In Closed-Door Meeting, Cantor Warned of ‘Civil War’ - By Katrina Trinko - The Corner - National Review Online

Those who seek absolute power, even though they seek it to do what they regard as good, are simply demanding the right to enforce their own version of heaven on earth. And let me remind you, they are the very ones who always create the most hellish tyrannies. Absolute power does corrupt, and those who seek it must be suspect and must be opposed. Their mistaken course stems from false notions of equality, ladies and gentlemen. Equality, rightly understood, as our founding fathers understood it, leads to liberty and to the emancipation of creative differences. Wrongly understood, as it has been so tragically in our time, it leads first to conformity and then to despotism.

-Barry Goldwater-

Bob Woodward blasts President Obama ‘madness’

Personally, I just do not care anymore. I think that the nation is run by a simpleton buffoon and madness is part of his DNA. It is the DNA of both Democrats and Republicans and all of those that believe in big government and central planning. And we have to deal with these clowns for 4 more excruciating difficult years. Government worship is unfortunately at a high and it is becoming increasingly rare that people take a critical look at this madness. Fortunately, on rare occasions, we hear some folks in the media, and this is way too infrequent, speak truth.....

The Washington Post’s Bob Woodward attacked President Barack Obama on Wednesday, saying the commander-in-chief’s decision not to deploy an aircraft carrier because of budget cuts is “a kind of madness.”

“Can you imagine Ronald Reagan sitting there and saying, ‘Oh, by the way, I can’t do this because of some budget document?’” Woodward said Wednesday on MSNBC’s “Morning Joe.”

“Or George W. Bush saying, ‘You know, I’m not going to invade Iraq because I can’t get the aircraft carriers I need’ or even Bill Clinton saying, ‘You know, I’m not going to attack Saddam Hussein’s intelligence headquarters,’ as he did when Clinton was president because of some budget document?” Woodward added. “Under the Constitution, the president is commander-in-chief and employs the force. And so we now have the president going out because of this piece of paper and this agreement. ‘I can’t do what I need to do to protect the country.’ That’s a kind of madness that I haven’t seen in a long time.”

We have a child as a President, but I just do not care.   The child is getting irritated and throwing a tantrum that the Washington Post reporter does not toe the party line that they get with most of the media these days.   So, please pay attention all of you media lapdogs, do not criticism or question the administration....

The Washington Post's Bob Woodward said on Wednesday that a "very senior" White House official threatened him over his continued public disagreements with the Obama administration.
Woodward has repeatedly accused the White House of "moving the goal posts" in the fight over the looming budget sequester. He has been challenged on the facts of his assertions many times, but has not strayed from them.

You are making the Obamessiah angry and he is threatening...

you will regret doing this

Yea, do not agree with the government people?  You will regret it.  Our government is trheatenign not just Woodward but all of us. 

I warned my son not to go to the US for higher education since the nation's higher education is a center of big government Marxist indoctrination. The family that I grew up with are all big government Marxists and that he should watch out for them too. They seem nice and loving but have the devil in their hearts. They have no idea what they are saying or doing.

Unreasonable and bad people inhabit Washington.  We have now become a nation founded by geniuses but run by idiots and we, as Americans deserve everything that will happen to us since we chose this path. Many of us will regret our choices, many of us suffer and many of will die.

-If you can get arrested for hunting or fishing without a license, but not for being in the country illegally … you might live in a country founded by geniuses but run by idiots.
-If you have to get your parents’ permission to go on a field trip or take an aspirin in school, but not to get an abortion … you might live in a country founded by geniuses but run by idiots.
-If the only school curriculum allowed to explain how we got here is evolution, but the government stops a $15 million construction project to keep a rare spider from evolving to extinction … you might live in a country founded by geniuses but run by idiots.
-If you have to show identification to board an airplane, cash a check, buy liquor, or check out a library book, but not to vote who runs the government … you might live in a country founded by geniuses but run by idiots.
-If the government wants to ban stable, law-abiding citizens from owning gun magazines with more than ten rounds, but gives 20 F-16 fighter jets to the crazy new leaders in Egypt … you might live in a country founded by geniuses but run by idiots.
-If, in the largest city, you can buy two 16-ounce sodas, but not a 24-ounce soda because 24-ounces of a sugary drink might make you fat … you might live in a country founded by geniuses but run by idiots.
-If an 80-year-old woman can be stripped searched by the TSA but a woman in a hijab is only subject to having her neck and head searched … you might live in a country founded by geniuses but run by idiots.
-If your government believes that the best way to eradicate trillions of dollars of debt is to spend trillions more … you might live in a country founded by geniuses but run by idiots.
-If a seven year old boy can be thrown out of school for saying his teacher “cute,” but hosting a sexual exploration or diversity class in grade school is perfectly acceptable … you might live in a country founded by geniuses but run by idiots.
-If children are forcibly removed from parents who discipline them with spankings while children of addicts are left in filth and drug infested “homes”… you might live in a country founded by geniuses but run by idiots.
-If hard work and success are met with higher taxes and more government intrusion, while not working is rewarded with EBT cards, WIC checks, Medicaid, subsidized housing, and free cell phones … you might live in a country founded by geniuses but run by idiots.
-If the government’s plan for getting people back to work is to incentivize NOT working with 99 weeks of Unemployment checks and no requirement to prove they applied but can’t find work … you might live in a country founded by geniuses but run by idiots.
-If you pay your mortgage faithfully, denying yourself the newest big screen TV while your neighbor buys iPhones, TV’s and new cars, and the government forgives his debt when he defaults on his mortgage … you might live in a country founded by geniuses but run by idiots.
-If being stripped of the ability to defend yourself makes you more “safe” according to the government … you might live in a country founded by geniuses but run by idiots.

From here. And commentary on Washington DC? "If idiots could fly, this would be an airport."



Read more: http://www.politico.com/story/2013/02/bob-woodward-blasts-obama-madness-88160.html#ixzz2M9W0tBVe



Bob Woodward blasts President Obama ‘madness’ - Kevin Robillard - POLITICO.com

Thai Bankruptcies Rise as Minimum Wage Rolls Out: Southeast Asia - Bloomberg

What is with the arrogance of these governments that are setting minimum wages? Its stupid.

Thai Bankruptcies Rise as Minimum Wage Rolls Out: Southeast Asia - Bloomberg

Joel Kotkin: America's Red State Growth Corridors - WSJ.com

States and localities that are less hostile to business and provide for workers and investors to keep more of what they earn are benefiting from these policies at the expense of those states that tax and spend. Additionally, manufacturers are looking to these areas to return some of the manufacturing enterprises that were lost to Asia over the past few decades.

Maybe someone should call Washington and tell these clowns.

Joel Kotkin: America's Red State Growth Corridors - WSJ.com

The Ethics of Repudiation - John P. Cochran - Mises Daily

The question is it ethical to repudiate debt specifically government debt? For private transaction, since it is a contract between individuals or parties that both have justifiable reasons to enter into this contract. It is a true contract where parties are obligated to perform and there duties will effect one's own life, fortune, and sacred honor if the debt is not repaid. However, an obligation created between governments and third parties do not carry this weight of obligation as this writer explains....

The public debt transaction, then, is very different from private debt. Instead of a low-time-preference creditor exchanging money for an IOU from a high-time-preference debtor, the government now receives money from creditors, both parties realizing that the money will be paid back not out of the pockets or the hides of the politicians and bureaucrats, but out of the looted wallets and purses of the hapless taxpayers, the subjects of the state.

Both parties [the politicians doing the borrowing and the members of the public loaning funds to the government] are immorally contracting to participate in the violation of the property rights of citizens in the future. Both parties, therefore, are making agreements about other people’s property, and both deserve the back of our hand. The public credit transaction is not a genuine contract that need be considered sacrosanct, any more than robbers parceling out their shares of loot in advance should be treated as some sort of sanctified contract.

One cannot enter into a contract where the obligor has not been identified and in the case of the modern American government, may not even have been born yet. I, for one, would support the default and repudiation of American debt as both being immoral and illegal and that Americans are not obligated to pay for the consumption of others irrespective of how governments have forced people to do so.


The Ethics of Repudiation - John P. Cochran - Mises Daily

Earth to New York Times: Please Show Us these “Deep Spending Cuts” You Keep Writing About | International Liberty

So there is a budget disaster in the making. Its just not that its the sequester that has the hysterical Democrats and liberals all up in arms about. Spending INCREASES under the sequester is due to fall from $2.5 trillion to $2.4 trillion over the nest 10 years. Wow, what a disaster. Dopes.

The budget disaster that we DO have in the US is multifaceted. First, government intervention in markets is making capital less productive. Costs for such goods that were never subject to free market forces such as healthcare will be almost completely directed through central planning, aka communism, so this will become ever more costly, irresponsible, ineffective and wasteful. Using our resources for unproductive government wishes will make the economy much less productive than it could have been and will lower living standards, lower tax collections or both.

Second, the government has inefficiently, ineffectively and irresponsibly allocated tax resources from the treasury to pie-in-the-sky wishful 'investments' and this has increased the debt burdens born by the taxpayers. Increasing debt, particularly spent for unproductive uses lessens the ability of government to intervene in a truly needy situation such as a war or large disaster. Wasting money today will cost in perpetuity as government has redirected resourses from the productive private economy into government special interests that will lower living standards over time.

This list is by no means exhaustive but, in addition, I have been amazed as to how complicit the American press has been in allowing these things to happen.

Earth to New York Times: Please Show Us these “Deep Spending Cuts” You Keep Writing About | International Liberty

The New 49ers… | The Real Revo

If this was intentional it is sickening. If it was unintentional then that is sickening too. As we know, economies and actors within economies will respond to incentives and as we have seen here, they have already begun to respond by cutting hours worked and my restricting the number of employess.

So, if was intentional, the leviathan is deliberately creating pain and the populace will scream to make more intervention adjustments. This will probably lead to a complete Marxist takeover of healthcare by the central government with the inevitable destruction of value and lower outcomes, higher costs and less availability.

If it was unintentional, then how stupid can one be to not recognize that folks will adjust their behavior to try to avoid stupid and misguided economic intervention?

The New 49ers… | The Real Revo

America's Tragic Future In One Parabolic Chart | Zero Hedge

Due to an irresponsible central government, if one thing goes wrong, higher interest rates, slightly higher unemployment or slower growth, government finances fall off of the tracks and the end will happen. The situation is so fragile, that even the Obamessiah if we was allowed to be dictator would not be able to give a speech/blame Republicans/yap about raising taxes on the 'rich' and solve everything.

When the government fails, people's living standards will fall dramatically for the regular folks.

America's Tragic Future In One Parabolic Chart | Zero Hedge

From the set of Planet of the Apes....

Of course, with the recent gun legislation, Cuomape is saying, "Ape shall not kill ape."

Stanley Druckenmiller: "We Have An Entitlement Problem" And One Day The Fed's Hamster Wheel Will Stop | Zero Hedge

Thought of the day....

Government spending levels are unsustainable. Higher taxes, however advisable or not, fail to come close to solving the problem. Discretionary spending must be reduced but without harming the safety net for our most vulnerable, or sacrificing future growth (e.g., research and education). Defense andhomeland security spending should not be immune to reductions. Most consequentially, the growth in spending on entitlement programs—Social Security, Medicaid and Medicare—must be curbed.

These truths are not born of some zeal for austerity or unkindness, but of arithmetic. The growing debt burden threatens to crush the next generation of Americans.

Stanley Druckenmiller: "We Have An Entitlement Problem" And One Day The Fed's Hamster Wheel Will Stop | Zero Hedge

Andrew Cuomo’s late-term abortion push

This is a typical nihilist leftist Democrat position. If you decide that you just do not feel like taking care of a child, no matter what, just kill the being. It is disgusting and one of the reasons that I have very little respect for Americans now. Why not just be able to terminate children at any time if they are inconvenient? Why not just call killing children post-birth abortion. Democrats are nothing but a bunch of barbaric animals.

Andrew Cuomo’s late-term abortion push

Ohio Officials: Poll Worker May Have Voted Six Times - By Eliana Johnson - The Corner - National Review Online

No such thing as voter fraud, or not proven as the raving lunatics on the left say over-and-over trying to convince themselves and others to completely ignore it. Up until now it has worked, but as people take a closer look at reality, we are starting to see that some folks, particularly Democrats, are inclined to cheat in elections and given our outdated electoral process, no ID required and, early voting and the introduction of absentee/early voting mail-in ballots in replacement to showing up a normal polling place on election day. In truth, the chances and opportunities for fraud are increasing.

This coupled with the historical facts that voting fraud has always been a part of the election landscape, particularly in the Democrat machine jurisdictions, one just has to question the integrity of elections.

Ohio Officials: Poll Worker May Have Voted Six Times - By Eliana Johnson - The Corner - National Review Online

Thought of the day....

Bryan Caplan’s (2007)treatise The Myth of the Rational Voter, subtitled Why Democracies Choose Bad Policies. The answer Caplan offers is that voters are worse than ignorant about basic economic principles of good policy. Ignorance, at least, would have the virtue of being random and so perhaps would average out to zero in a large population. Instead of being merely ignorant, voters hold onto systematically mistaken beliefs. And politicians, whose main job is to get elected, mold those mistaken beliefs into bad public policy. To quote Caplan, ‘‘What happens if fully rational politicians compete for the support of irrational voters — specifically, voters with irrational beliefs about the effects of various policies? It is a recipe for mendacity.’’

This explains why get get Marxist clowns like the current guy in the Whitehouse.

40_Smart Taxes.pdf (application/pdf Object)

We have never dealt with the real problems underlying the financial crisis of 2008....

We will pay one way or the other. Lower living standards will happen and it will be very painful for the average person.

Why Don't People See | Zero Hedge

6 stupids:

The US government has plenty of money.
Government cares for its citizens.
The economy cannot crash.
We are not in a recession (Depression).
The lives of their children will be better than their own.
The government can continue to print money to fund promises they cannot afford.

Guest Post: Why Don't People See | Zero Hedge

Quote of the Day.....

There's something both poignant and funny about a group devoted to abortion puzzling over its difficulty in finding young people to support it.

Survival of the fittest maybe? Those that irresponsibly use abortion as a contraceptive don't breed so only those with responsibility do so?

Best of the Web Today: Critical Condition - WSJ.com

The myth of widespread long voting lines | Power Line

POTUS misleading Americans again by Perpetuating the myth of voter suppression through the false claim of long waits at voting booths. But no mention at all on a commission to determine that there are voter fraud problems and what to do about it despite there being a large body of evidence to this.

The myth of widespread long voting lines | Power Line

there has been lots of silence these days and we pay, some with their lives....

Argentina Stiffs Pensioners | Via Meadia

Social Security is gimmick. there are no assets in this fund other than promises to tax folks, some not even born yet, to pay the obligations to people that have 'earned' their benefits. But it is nothing but a chimera. There is nothing there and it is a total lie and deceit. Its a sad state of affairs when human beings have to rely upon such a flimsy scheme to put food on their tables in old age. I expect that some will starve.

Argentina Stiffs Pensioners | Via Meadia

More Minnesotans were killed in fist fights than by rifles in 2011 - Minneapolis - News - The Blotter

Lets not stop at banning assault rifles, lets ban all knives and cut off everyone's hands. this surely will protect lives.

More Minnesotans were killed in fist fights than by rifles in 2011 - Minneapolis - News - The Blotter

A little bit of wisdom.....

Is Obama Setting US Up for Military Takeover? - Godfather Politics

Is he on our side? I think not. Like the 60's radicals that I knew in my college years, this is juvenile silliness.

Is Obama Setting US Up for Military Takeover? - Godfather Politics

Sentiment More Bullish Than 99% Of All Prior Readings | Zero Hedge

Everybody on the planet is bullish. So what next? The aliens become bullish?

Sentiment More Bullish Than 99% Of All Prior Readings | Zero Hedge

Trust in Government in Washington Remains Low | Pew Research Center

I don't trust the government at all. It is a deadly cocktail of incompetence, stupidity and self interest that will doom us to failure.

Trust in Government in Washington Remains Low | Pew Research Center

Americans are losing trust in government: Column

The bigger the government, the greater opportunities for graft and influence peddling. It is not only a broken government, it is one that is deleterious to our national health.

Americans are losing trust in government: Column

Keynes?

Actually not. Keynes kind of knew what he was taqlking about. He was not advocating a permanent interventions in markets like we experience today. What we have today is more akin to Marxism than Keynesian-ism.

Panetta: Obama Absent Night of Benghazi | The Weekly Standard

Disinterested is the operative word. Disinterested is the operative word when it comes to almost completely useless and in the tank for the Democrats American press.

Panetta: Obama Absent Night of Benghazi | The Weekly Standard

A revolution in the works? Column

A revolution in the works? I think so and ultimately hope so. This is the thought that i have been saying for years....

The other option is to place less power within the political sphere. The less power the government has, the less incentive for corruption, and the less that can go wrong when the government misbehaves. The problem with this approach is that the political class likes a powerful government -- it's one of the reasons that the Washington, DC, area, where much of the political class lives, is beginning to resemble the Capital City in The Hunger Games, prospering while the rest of the country suffers.

A revolution in the works? Column

Guest Post: Why We Cannot Print/Borrow/Spend Our Way to Prosperity | Zero Hedge

A must read for delusional Democrats, Marxists and hopeless Keynesians.

Guest Post: Why We Cannot Print/Borrow/Spend Our Way to Prosperity | Zero Hedge

Short-Term Palliatives And The 5 Terrible Tendencies Of Government | Zero Hedge

Government, beyond it capabilities, ends up intervening in markets and typically does these 5 things:

(1) Waiting until forced to act, often too late and with great harm;
(2) Systematically ignoring long-run costs to provide short-term benefits;
(3) Trying unsuccessfully to circumvent the laws of economics;
(4) Ignoring the laws of arithmetic, selectively counting some effects while excluding others; and
(5) Enacting programs or spending money in a crisis or boom where especially large unintended consequences become apparent only when the economy returns to normal.

And the biggest problem is that these are short-term in nature. Enacting short-term programs is designed to create popularity and it is usually impossible to predict the long-term effects.

Like bankers, that everyone love to hate, the motivations for decisions and the rewards to these decisions are not necessarily connected. In the case of bankers, they are compensated annually but risks sometimes linger on over a long period of time. So compensation is based on short-term and not necessarily long-term performance. The same is true with government programs and these programs are much more insidious as they not create expectations and dependency that lead to an inability to turn back, but also these programs crowd out competitors and other institutions that would naturally arise to meet demand.

Short-Term Palliatives And The 5 Terrible Tendencies Of Government | Zero Hedge

Obamacare: Be careful what you hope for. - Richmond Special Needs Parents | Examiner.com

Mark my words two things will happen if this law is not overturned. 1. Obamacare will cost much more than we are being told. 2. Obamacare will lead to the rationing of healthcare.

I think that we are stuck with this, probably most stupid piece of major legislation to hit the American people, ever. Once we start down the road, it is nearly impossible to go back, since government crowds out all over institutions that would naturally arise to meet needs (demand).

But Obamacare will be dismantled. The US government will fail in its obligations and it will fail to meet its promises. Its just a matter of time, but millions will suffer and die in the meantime.

Obamacare: Be careful what you hope for. - Richmond Special Needs Parents | Examiner.com

Economic collapse is imminent...and it is the fault of the US government...

Capitalism has not been allowed to operate in several important sectors in the United States. Health, housing, banking and also, lets not forget energy as subsidies to green energy have been a total disaster and hostility to fossil fuels have raised prices and efficiency. Just as an example, banking has not been a free market for 80 years. The banking system almost collapsed decades ago due to Regulation Q, where government mandated interest rate caps caused destructive disintermediation of deposits, loss of business portfolios, weakened financial structures and concentration of risks that led to the collapse of savings banks and commercial banks in the 80's and early 1990's. Regulation there has been a chimera that has not only led to suboptimal allocations of investment capital but also use of banks to carry out government social policy. This intervention in banking has not only caused banks to experience increased volatility, it has also destroyed the ability of the market to create and build other institutions that allow for greater latitude to handle natural volatility. Anyone that thinks that banks need regulation just does not understand how markets really work and only will allow misallocations to build up to be the catalyst for the ultimate collapse.

Is Government a Threat to Our Freedom? | Cato @ Liberty

People think that the Federal government is a threat to their freedoms and liberty. However, they also vote overwhelmingly for utopian wealth redistribution at the national level. Just a clue here, economic freedom is a liberty that has been under attack at the federal lever for 8 decades.

But Americans are finally realizing that the over-arching national government is destroying individual liberty with their interference in nearly everything that we do. Once these same people realize that Utopian wealth redistribution is part of this destruction of personal liberty, we can start having hope again.

The founding fathers recognized the risk of a powerful central government and its negative effects upon personal liberty. they recognized this and codified limits on Federal power. However, since the 1930's, we have ignored the 9th and 10th amendments of the Bill of Rights.

Is Government a Threat to Our Freedom? | Cato @ Liberty

Santelli To Forecasting 'Fail' Fed: "Let Market Forces Reign" | Zero Hedge

Simple words of wisdom....

I think that what the Fed is trying to do is impossible....... They should get off crisis mode for the first issue......"maybe [the Fed] should look at what has worked in the past; that is market forces."

Wow, market forces?  The market forced the world to deal with over leveraging in 2007-08.  The government is trying is suspend market forces now by forcing the market to do what it normally would not do and that it is to misallocate resources.  Just a reminder, central planning doesn't work whether it is done at the national level by the government or at the monetary level by the US Federal Reserve.

Santelli To Forecasting 'Fail' Fed: "Let Market Forces Reign" | Zero Hedge