Friday, February 27, 2009

Sorry Boehner, You're Wrong

Boehner: 'Spending barrage' starting
House Minority Leader John A. Boehner (R-Ohio) told conservatives Friday that a "spending barrage" from President Barack Obama is the first step toward an American brand of socialism.

"First it was the stimulus, then the omnibus and now the budget," Boehner said during a speech to the Conservative Political Action Conference. "It's all a down payment on a new American socialist experiment."

"The spending barrage is just beginning," he added.

Boehner harshly criticized the president's recently unveiled budget as a "job killer, plain and simple."

"American jobs are under threat," he said.
The down payment on the new American socialist experiment was made by George W. Bush with No Child Left Behind, Homeland Security, and the Medicare prescription drug bill. Forty percent of earmarks in the latest Democrat spending bill are Republican earmarks. This party is finished, or at least, I'm finished with them, unless some new blood gets in there. There are almost no elected officials with any principle. I know of only a handful, such as Senators Inhofe, Coburn and Shelby, and Congressmen Pence, McCotter, and of course Ron Paul. Outside of Thaddeus McCotter and Ron Paul, I'm not sure than any Republican even understands the economy. They want the same Keynesian BS, only in the form of tax cuts instead of spending.

Until someone proposes the more than $1 trillion in spending cuts necessary to balance the budget (about 30% of current Federal spending), then there's nothing to discuss. We'll take it to the streets.

Would you join me for afternoon tea? Delightful!

Why reduce the deduction for charitable contributions?

The nefarious might claim Obama really wants to weaken the private sector with this law. Since even Democrats oppose it, however, my guess is that this is a red flag for the bulls. Conservatives will stupidly focus on some idiotic clause that means nothing in comparison to the overall bill, Democrats will also avert their focus from the rest of the bill, and then Obama gets his big victory and gives conservatives a bone on charitable contributions.

Thursday, February 26, 2009

The Bubba Effect

This is both hilarious and a little frightening at the same time. It's even funnier/scarier if you connect Bubba with Deliverance.

Wednesday, February 25, 2009

Donald Sensing has a plan...and I like it

Repeal the 16th and 17th Amendments.

Both were "Progressive" ideas, and we see how well progressivism turned out. This European disease should be torn out by the roots and sent back where it belongs.

They Taxed Paradise and Made it an Empty Lot

They taxed paradise and made it an empty lot
With a drab motel, no jobs, and no wi-fi spots
Don't it always seem to go
That you don't know what you got till it's gone
They taxed paradise and made it an empty lot

They took all the jobs, and put em in a bureaucracy
And they taxed the people an arm and a leg to get them
No, no, no, don't it always seem to go
That you don't know what you've got till it's gone
They taxed paradise, and made it an empty lot

Hey farmer, banker get your hands away from me,
I don't care about a tough economy,
Leave me the freedom to do as I - please
Don't it always seem to go
That you don't know what you got till it's gone
They taxed paradise and made it an empty lot
Hey now, they've taxed paradise to make it an empty lot
Why not?

Listen, late last night, I heard the newsman say,
That a low tax country took my job away
Now don't it always seem to go
That you don't know what you got till it's gone
They taxed paradise and made it an empty lot
Hey now now, don't it always seem to go
That you don't know what you got till it's gone
They taxed paradise to made it an empty lot
Why not, they taxed paradise
They made it an empty lot
Hey hey hey, taxed paradise and made it an empty lot

I don't wanna give it
Why you tax it
Why you wanna spendin it all away
Hey, hey, hey
Now you wanna tax it
I don’t wanna give it
Cuz you're spending it all away, no no

I don't wanna give it
Why you wanna tax it
Why you wanna spend it all away
Cuz you're tax it all spendin it all away yeah yeah
Cuz You're spendin it all away hey, hey, hey

Hey, taxed paradise, to make it an empty lot
la,la, la, la, la, la, la ,la ,la ,la ,la
Taxed paradise, and made it an empty lot

Are you laughing?

I'm laughing. This is funny stuff.

House Democrats unveiled a $410 billion spending bill on Monday to keep the government running through the end of the fiscal year, setting up the second political struggle over federal funds in less than a month with Republicans.

The measure includes thousands of earmarks, the pet projects favored by lawmakers but often criticized by the public in opinion polls. There was no official total of the bill's earmarks, which accounted for at least $3.8 billion.

The legislation, which includes an increase of roughly 8 percent over spending in the last fiscal year, is expected to clear the House later in the week.

Democrats defended the spending increases, saying they were needed to make up for cuts enacted in recent years or proposed a year ago by then-President George W. Bush in health, education, energy and other programs.

Democrats always want higher spending. If a Republican President spent money faster than a crack-addicted compulsive gambler (George Bush), Democrats would complain it wasn't enough. Don't worry though, by the end of Obama's term, he will have cut the deficit in half...to an amount higher than any deficit under George Bush. At the current rate, this year's deficit will probably exceed $2 trillion, and may come close to equaling 50% of Bush's deficits over 8 years. Democrats are using the same strategy as Citigroup, AIG, Bank of America, GE, subprime home buyers, Bear Stearns, and Lehman Brothers. Borrow short-term to the hilt, and hope the long-term investments pay off.

Rick Santelli made a funny when he attacked the idea of a government spending multiplier and asked why we don't spend $1 trillion every day if it creates $1.5 trillion in GDP. Well, the Democrats are trying. The only flaw in their plan is that there's no money—the government is literally broke. It's like small children thinking monopoly money is real. But too many Americans are essentially little children. They stomp their feet when things go bad and say, "We have to do something! I have a boo boo!" Prop up my home, save my farm/bank/car company, pay for my healthcare, education, job training. The public simply has no concept of budgeting, interest rates, money supply, currency rates and how these can combine to totally annihilate Federal spending.

Democrats are out of cash, but they want to keep playing at the poker table. They are now putting up Medicare and Social Security to play another hand. That's how big the stakes are with these spendaholics in charge. Does the average American realize the huge gamble "we" are taking? If it fails, instead of Medicare, you will receive a bill for interest. Either you will literally be paying high taxes for interest on the debt, or the government will have inflated it away and you will have to pay 12% interest to get a mortgage, or your Social Security check will grow at the 5% government CPI, but your actual costs will be up 15%.

The kids are in charge. Sit back, grab a beer, and enjoy. It won't be long before they piss their pants, break some furniture, vomit on the floor and maybe even burn the house down. It's America's Funniest Home Videos, all day, everyday.

Either that or go insane.

Tuesday, February 24, 2009

The Bubama Plague

It seems the hard-working members of the right and left are in total agreement: stop giving money to failed business and irresponsible borrowers.
Among them: Lynn Powers, 39, a Bethesda, Md., resident who describes herself as a “liberal Democrat” who has been hardworking, prudent and responsible — and now feels “like a fool.”

“We were in the market,” she says. “We put out eight bids and got outbid every time. It was very upsetting for us. I want to see some accountability and responsibility across the board. The only way for me to have an affordable home, and I’m not looking for a McMansion at all, is if we let the chips fall, in a sense. This is still the bubble — the prices have to come down. You can’t just subsidize some of the people. I don’t know how you deleverage. It is going to be painful, but this is also hurting the people who behaved responsibly.

What does she mean by “responsibly”?

“People who didn’t overbuy. Who stuck to their guns. Who read their contracts,” she says. She and her husband wound up buying a 600-square-foot studio and moved to a rental when they had their daughter, now 18 months old.

“My husband and I paid for our cars in cash,” she says. “We have no credit card debt. We have no student loans. I don’t buy Starbucks, but that’s because they’re non-fair trade, nonenvironmental.”

When they tried to buy a house, she said, “We just felt outgunned.” And now, she says, “I feel very outgunned as a citizen.”

Does she know she's channeling the "leave it alone liquidationists", the enemies of Hoover, FDR, Bush and Obama? She's an Austrian and she doesn't even know it.
Another Maryland resident concurs: “I am an Obama supporter, campaigned for him, baked cookies for him; my husband and I are Democrats all the way, but this is the issue that gets our goat.”

Echoing Santelli’s complaint, a Silver Spring, Md., mom who did not want her name used adds: “I’m not sure why we should work and pay for someone else to have a granite countertop or an extra bathroom.”

When asked about people who hadn’t overreached but had lost their down-­payment money when the value of their homes had dropped, she replies, “We put money in a 401(k), and we lost that money, and no one is going to give it back.”

So much for a level playing field, opportunity for all, a free and fair economy. Instead we get unfree, unfair, and debt and taxes to pay for other peoples' stupidity, hubris, and greed.

Bush/Obama, the Bubama Plague. Hopefully it won't destroy one-third of our GDP. There are, of course, plenty of vaccines.

Leftism: A Videologue

Enjoy!

Friday, February 20, 2009

The Renters are angry

If you rent, you are part of 32% of the American public. Why should you have to pay for people who bought overpriced homes? I don't know.

Angry Renter

Boston ReTea Party

There will be a Re Tea Party in Boston.
WHEN: Saturday, July 4, 2009

WHERE: Griffins Wharf | Boston, MA

Rick Santelli’s Chicago Tea Party

So many things to protest these days. Maybe toss an Amtrack car in the harbor? How about some government cheese? Mohair? Social Security card?