Site for Free Markets and Free People
Wednesday, August 31, 2011
More Liberal Hate Speech Against the Tea Party
Just a few months ago, some liberal gunman shot a congressman, and everyone blamed someone for mentioning the term "cross-hairs." The liberal media ate it up, blaming Republican politicians of targetting Democrats.
Now we have tons of Democrats going after Tea Party members, using much more inflammatory speech.
This tells me one thing: they fear the Tea Party. How do I know this? Take a look at Obama's approval numbers. They feel that they need to do this. Maybe they do. Funny that Obama was supposed to unite the country. In a weird way, I guess he is doing that.
Where Obama Needs to Start on Jobs
The first piece explains that under President Bush, there were 103 federal rules with economic costs of more than $1 billion. Under Obama, that has ballooned to 219 rules, and that excludes those that are still in the planning stage like Obamacare and Dodd-Frank which are both going to be scary huge.
The second piece explains the menace that Obama's highly politicized NLRB has become. It will require ALL businesses to put up posters that advertise for unions to help promote union membership.
The new rule issued last Thursday requires management to post notices about employee rights to unionize, collectively bargain and strike under the National Labor Relations Act. The NLRB believes that workers are not familiar enough with that 76-year-old law "and therefore cannot effectively exercise those rights." The ostensible basis for that conclusion is "the comparatively small percentage of private sector employees who are represented by unions."
These are just a couple of the regulations, and that doesn't count the EPA's extremely onerous new regulations. But don't expect Obama to reverse course and eliminate these damaging regulations or even mention them in his speech. The sad fact is that every action this man takes is a job killer. The only way the job market is going to recover is if Obama quickly loses his own.
Monday, August 29, 2011
Obama Creates Office of Diversity and Inclusion via Executive Order
In other words, white males need not apply to these jobs. By the way, has anyone been in a federal building elevator at 4:30 when the employees get out? You might get trampled by the number of overweight African American females rushing for the doors. I know it's only anecdotal, but I would bet that the number of "minorities" working in the public sector is much higher than the private sector and population at large.
What's Going On Between Barack and Michelle?
But I've read now for the second time in the past week, that there is or might be something going on between Michelle and Barack. The first time I read something, it was in the Boston Herald. Now this time, it's in the Washington Examiner. OK - both are two newspapers that unlike 98% of all newspapers in America, do criticize the President from time to time.
But here is what the Examiner is saying today:
...there’s something going on there. How else to explain all those vacations away from President Obama — to Florida, California, South Africa, Latin America, Colorado, Spain? (That last trip was also a “mother-daughter” jaunt, although along for the ride were 40 “family” friends and a security squad of 75 agents.) How else to explain her decision not to accompany her husband to Chicago the day before his 50th birthday, when the first couple could have spent the night in their real home?
I think the writer is being too hard on the President, for two reasons. First, most Presidents travel a lot, and President Obama travels even more - he probably has quadrupled the average mileage because he's a full-time campaigner. It's also true he spends 6 hours of his leisure time every weekend golfing, but again, who cares. Second, even if it is true, who cares? It's no one's business!
There are plenty of things to criticize the President on - I'd say 95% of his policies have been dismal failures. Let's talk about that - not his relationship with his wife.
Obama's Illegal Uncle Caught Drunk Driving in Massachusetts
But it sucks for Americans that while President Obama talks about our need to make sacrifices, we seem to be paying for all his illegal relatives to live in America (by we, I'm talking about taxpayers). Does anyone feel like President Obama maybe should lend a hand, rather than having average Americans foot the bill? It also appears that his relatives are above the law, or act as if they are. I will let you judge to see if Uncle Omar "felt" like he was above the law:
Framingham Public Information Officer Lieutenant Delaney said when Onyango Obama was asked at the station if he wanted to make a telephone call to arrange for bail, he replied: “I think I will call the White House.
If it were any other politician in America, let alone the President, this would make front page news on EVERY PAPER. What's weird is that this doesn't even make the front page of the BOSTON GLOBE. Wonder why?
Sunday, August 28, 2011
ESPN's Double Standard with Azinger
Of course, as Big Journalism points out, they didn't seem to have a problem with Kenny Mayne's anti-Palin views or Adam Schefter's pro-Obama views. Nor did parent company Disney have a problem with donating $8 million to Obama's campaign in 2008.
Friday, August 26, 2011
Why is Obama DOJ Trying to Destroy Gibson Guitar?
This is just symbolic of the absolute destruction Obama appears to be trying to inflict on the U.S. economy. And then he'll probably come out next week and tell the Gibson Guitar CEO that he needs to start hiring.
Gateway Pundit says that of the guitar manufacturers, only Gibson and Peavey are in right to work states, while all the others are in union friendly environments. Peavey also seems to be the subject of third party lawsuits over regulatory concerns. Like the Boeing / NLRB example, this is not at all a far fetched reason.
Paul Azinger Slams Obama
Facts: POTUS has played more golf this month than I have. I have created more jobs this month than he has.
I can't remember if he is a commentator for NBC or CBS, but this type of criticism could get him canned by the networks dedicated to protecting Obama...
Thursday, August 25, 2011
Romney Turns Down DeMint Invitation
But it's also possible that Romney is "playing it safe." It's also possible that he will aim for the independent voters, and would rather not be seen with the more conservative branch of the GOP.
Let's hope he's not playing it safe. In most elections, that's good enough to win it. But 2012 is a year for being bold. If Romney moves to the middle, he runs the risk of losing to someone like Ron Paul, who doesn't know the meaning of safe.
Wednesday, August 24, 2011
Michelle O Spends $10 Million in Taxpayer Money on Vacations This Year
Perhaps this is why she is so adamant about people working in the public sector rather than the private sector - she assumes everyone gets these perks (including traveling separately from Barack on her own private jet).
But seriously, if the Obamas promised not to speak another word in public or pass another piece of legislation, I would let them spend $1 billion on vacations. It's a lot cheaper than the wealth they are destroying by continuing their work at the White House...
Why Obama is in Trouble
...one of the useful aspects of the Rasmussen poll is it reflects “likely voters” (not simply adults or registered voters), and measures their intensity. As Professor Larry Sabato has observed, elections are decided by those who show up; those who strongly disapprove are very unlikely to stay home, and they are approaching an absolute majority.
So Where is Obama today? He is at -26, but 45% of Americans Strongly Disapprove. By contrast:
George W. Bush, in his last full month in office, was at 43 percent “strongly disapprove” and Minus 30 overall – at the end of an exhausted eight-year administration pummeled throughout by the MSM.
I think in a two man race, Obama is looking like George McGovern, and I don't even think Massachusetts is a done deal. (Of course, in terms of policy-making, I surely would prefer McGovern over Obama!) It's possible that Obama could beat someone like Bachmann, who is a weakish candidate, but even that is uncertain. My belief is that the only thing that can save him is a third party. Unfortunately what will save him, will crush our country.
Interesting that while liberals agree that a majority of Americans intensely dislike Obama's policies, they often will sight that Americans really like him personally. I find this very hard to believe. The President is a cool (cold even), calculating man. His jokes fall flat, and his smiles don't appear genuine. If he has a charming personality (like Clinton or Reagan) he certainly keeps it to himself. When I see polls indicating that people really like him personally, I wonder if people are saying they like him because they don't want to be accused of not liking him.
Tuesday, August 23, 2011
Quake Hits DC - 5.8-6.0 Magnitude
Of course, all federal buildings are being evacuated. I wonder if Obama will use this as his latest excuse of his bad luck on the economy...
Obama in Free-Fall
He may be able to hide from photographers while at Martha's Vineyard, but he can't hide from public opinion.
Monday, August 22, 2011
Obama Disapproval at All-Time High
And I predict it will only get worse.
Thursday, August 18, 2011
S&P plummets 4% - Obama Off to the Vineyard
Obama to Order a Third Stimulus
Of course he will include an extension for unemployment benefits, which used to be 13 weeks, but under Obama, now stretches to 3 years and counting. Obama of course, will advocate extension until at least after his election - so a cool four years.
I realize being unemployed sucks for most people. But for others, having four years off, while the government pays you ain't so bad. And for Obama, hey - it'll buy a few votes.
For every dollar that Obama spends today to prop up our economy falsely, that just means we will have further to fall in the future. Hard to believe that the President of the United States cannot understand this, or it's possible he does understand it, but will sacrifice our country for his election. What did Rick Perry call this?
Wednesday, August 17, 2011
Obama Owns the Economy
Just to be clear, Obama's policies alone are to blame for the current sorry state of the economy.
In his first two years, Obama had free rein to get his economic agenda through a heavily Democratic Congress: An $830 billion stimulus, billions more in auto bailouts, mortgage bailouts and cash for clunkers, ObamaCare and Dodd-Frank.
None of those packages worked. They produced the worst recovery since the Great Depression. That was true before the Arab Spring, the tsunami, Europe's debt crisis and before Republicans won back the House.
At a press conference this summer, Obama said: "I'm not interested in finger-pointing."
But that's all he's been doing for months.
Wouldn't it be nice if Obama instead were to live up to his inaugural credo and start his own "era of responsibility" by admitting his role in the country's economic slump?
Tuesday, August 16, 2011
Boston Firefigher/Body-Builder Wins Case
Well, 6 weeks after filing for his claim, he was found participating in a bodybuilding competition. (See video). He was seen in the gym working out multiple times per week. He was also pitching in a baseball league. This is the same man who said it was "too painful to bend down and pick up a piece of paper."
Prosecutors charged fraud. Arroyo admitted filing the papers for permanent disability and even mentioned that it was a mistake, and then later, that he didn't know what he was signing.
Anyway, the verdict came yesterday. Acquitted. Unbelievable.
By the way, Albert today works at a LA Fitness to support himself, but may reapply to the fire department.
Monday, August 15, 2011
The Difference Between Warren Buffett and the Rest of US
I have a big problem with what Buffett advocates - increasing taxes on those who make $1 million/year. Here's why:
ONE EXAMPLE: Say you're 35 years old, and this year, you killed it. You worked very hard in sales over the past 15 years, and this year you've had your first great year, and you are paid $1 million. Now say you are taxed at 75%, instead of 35% top rate. You'd be left with $250,000 at the end of they year - actually - let's call it $165,000 after state and other local taxes, which is reasonable. Now a person with a couple of kids, and a mortgage, might be able to save $100,000 if he's doing well on this income. And if you have 10 incredible years in a row, you might be lucky enough to say you have $1 million in the bank. A nice sum. Probably enough to be able to afford a decent house, and you might even be able to send both of your kids to private universities if they stop inflating at 8%/year.
BUFFETT EXAMPLE: Now let's say you're Warren Buffett, and you have $2 billion in the bank. Let's say he makes a 2% dividend/interest income off his savings, thus generating $40 million of income. If he's taxed at 75%, he will still be making $10 million/year. Moreeven, he'll still have $2 billion in the bank. Even if Obama implemented a 99% tax on all financial ASSETS for Billionaires, Buffett would still be worth $20 million dollars, and at his age, I would think that would be enough savings.
So are these two people really comparable?
When you hear the President talking about "millionaires and billionaires" you wonder if he knows how to add.
Sunday, August 14, 2011
Obama-Appointed Judge Throws Out Obama's Drilling Regulations
A judge on Friday threw out Obama administration rules that sought to slow down expedited environmental review of oil and gas drilling on federal land.
U.S. District Judge Nancy Freudenthal ruled in favor of a petroleum industry group, the Western Energy Alliance, in its lawsuit against the federal government, including Interior Secretary Ken Salazar.
The ruling reinstates Bush-era expedited oil and gas drilling under provisions called categorical exclusions on federal lands nationwide, Freudenthal said.
Saturday, August 13, 2011
Rick Perry Announces; Promises to Make DC As Inconsequential as Possible
“In America the people are not subjects to the government. The government is subject to the people.”
"We will repeal this president’s misguided, one size fits all, government health-care plan."
“I promise I will work everyday to make Washington DC as inconsequential in your lives as I can.”
Friday, August 12, 2011
Quick Thoughts on GOP Debate
I also thought Romney is going to be very tough to beat. Despite what may be too many moderate tendencies, they do not show at all in a debate and he is by far the most knowledgeable about the economy. I was impressed because he among others would destroy Obama in a debate.
P.S. The one comment that truly bothered me in the debate was when Bachmann said that, once the GOP gets 13 more Senators to create a filibuster proof majority, she would overturn Obamacare. This is absurd - it was passed via budget reconciliation because we were told it would reduce the deficit and therefore didn't need a filibuster-proof majority, so why wait for that to overturn it? It makes no sense - especially since overturning truly would help reduce the deficit.
Larry Kudlow is Right About the Fed
...the Fed can print all the new money in the world and the federal government can spend itself into oblivion, and none of it will resurrect the economy.
Unfortunately that's all the Obama/Bernanke show has to offer.
Thursday, August 11, 2011
Next Week (Obama Vacation) Good For Market?
Let's face the facts - Obama is a disaster to the market and all for-profit businesses. If he disappears, I think the market will (if only momentarily) forget about Obama and his destruction and might even cheer. Another reason I've always been in favor of him getting in as much golf and vacation time as possible.
Wednesday, August 10, 2011
London Riots All About Race?
What colour is Mark Duggan? Mark Duggan is the man who was shot dead by the police on Thursday in Tottenham. The Tottenham riots last night were sparked when people protested his death. This morning, I first heard of the riots on the radio, then on the television. I read articles on the internet. But oddly, no one would say what colour Mark Duggan was. No one would say the unsayable, that the rioters were, I suspect on the whole, black. Then, finally, Toby Young's Telegraph Blog Post on the riots was published. Is Toby Young the only journalist out there who will dare say that these riots are about race?
Perhaps that's why we never heard a physical description of these rioters.
Reid Chooses Super Committee Members
Ok - it's a committee of 6 dems and 6 GOP. But President Obama says he will cast the deciding vote. I think we all know where this is going to end up.
Harry Reid chose his senators yesterday and showed how un-partisan he can be: by selecting two of the most radical lefties in the entire senate in Patty Murray and John Kerry. And I'm hearing McConnell and Boehner will not choose anyone who voted against their budget plan, so that excludes pretty much anyone with any spine.
Wisconsin Retains a Republican Majority
This comes after an election for the Supreme Court Justice where a Republican victory was upheld earlier in the year.
It's good news that the GOP retains control, but does anyone have a feeling that the Unions in Wisconsin are acting a bit like Al Gore in 2000? My sense is they will keep going after people until they go up by 1 man, and then they will call it quits. Dems are vowing to go after the Governor himself next year.
Unfortunately, Wisconsin is one of the few states in the country where elected officials can be recalled for almost no reason at all. Most states do not allow it, and of the few that do allow it, half of those restrict recalls to people who have committed crimes while in office. Wisconsin is an outlier.
It's definitely sour grapes if you're a democrat or if you simply want lots more spending and sustained higher wages and benefits for all unions. But if you're in favor of common sense, you should be happy today with the result.
Monday, August 08, 2011
-634: Obama Credibility Long Gone
Well, I actually thought this would happen a lot sooner than it did, but at this point, the investor class has made its judgement - Obama's credibility is entirely gone - even among his original believers - or at least those with a slight clue.
Obama Takes No Blame For Debt; Dismisses Markets
So relax guys, it's not Obama's fault - and besides, it's not that big a deal...let's just spend more.
Friday, August 05, 2011
Geithner's Clueless Prediction on Downgrade
There is no chance that the U.S. will lose its top credit rating, Geithner said, forcefully disputing the notion that S&P or other ratings services might downgrade U.S. bonds from their current AAA rating.
"No risk of that, no risk," Geithner said on the Fox Business Network.
Obama: It was Japan's and the Arabs Fault!
...Oh, and the scary thing is that Obamacare and the taxes associated with it, as well as the Consumer Financial "Protection" Board costs haven't even kicked in yet...
Balanced-Budget Amendment Set to Pass? In Italy!
Italy's government will announce plans to spped up state-asset sales, liberalize the labor market and introduce a balanced-budget amendment.
Interesting, because I also read that Finance minister Tremonti spoke with Tim Geithner earlier today. I suppose Tremonti decided to do exactly the opposite of what Geithner and Obama are proposing in the US. Good for them!
Thursday, August 04, 2011
Market Figures It Out - Obamanomics a Disaster
The tiny silver lining is that if the nation's not bankrupt come next November, there might be a landslide victory for those with a mandate to cut government spending dramatically (yes, I thought that happened last November, but some didn't get the message).
The most amusing thing about this market slide is listening to people like Wolf "Mercy Rule" Blitzer, who seems completed confounded why we didn't rally at the prospect of only $7 trillion of additional debt over the next decade.
Whopping 22% of Americans Like Debt Deal
What's not to like?
Tuesday, August 02, 2011
Wow: Dems Now Plan Focus on Jobs!
Someone tell these idiots how and why businesses create jobs.
Obama and The "Manufactured" Crisis
CNN Attacks Rand Paul
Why Rand Paul Opposes Budget Bill
To paraphrase Jim DeMint: When you’re speeding toward the edge of a cliff, you don’t set the cruise control. You stop the car.
The current deal to raise the debt ceiling doesn’t stop us from going over the fiscal cliff. At best, it slows us from going over it at 80 mph to going over it at 60 mph.
Read Paul's whole letter.
Monday, August 01, 2011
Obama's New Deal: Where's the Beef?
I say show me the cuts. Does anybody know what they are? If so, why is no one telling us. And are the cuts off the insanely bullish CBO budget details? Because I'd bet big money they are and to me these are not cuts. And it's great that there will now be another new commission to study where future cuts will come from, but how is this new commission different from the last one? And will there be a press conference telling us what the plan is? I bet not. And these "immediate cuts" are no such thing. Doe anyone really think Obama will cut a dime in the year of his election? Not gonna happen.
The only time the GOP has leverage is right now. Obama's approval ratings keep falling by the day as Americans see the man doesn't know how to balance a checkbook. And now we're settling for a trillion today and we'll figure out the rest later? And wow - Boehner and McConnell won a vote for the balanced budget amendment. The dems will shoot it down, and even if they don't, Obama will veto it - so big deal - a vote is not a result.
If Republicans have any spine, and want to save the country, they'll just say no.