Sunday, December 30, 2012
Friday, December 28, 2012
OK BOYS & GIRLS, HELP ME GET THIS STRAIGHT...
A guy walks into a classroom and shoots 20 children causing a nation to believe it's time to re-examine gun laws.
Whereas during 2012, in the US alone, 1.2 MILLION unborn children were hacked apart and discarded like trash, but, that's OK.
IMO, it's time for us as a nation to re-examine ourselves.
Thursday, December 27, 2012
GM IS UPSIDE DOWN/UNDER WATER
Lately, I have been seeing postings that are bragging on GM's performance...making a profit...investing in US...blah, blah, blah. What a crock!!! Even Steve Erwin never saw a crock that big!!!
Keeping it simple...not going into their balance sheet...not going into their statements of cash flow...not going into their statements of income/loss, this is the bottom line: The taxpayers, that's you and me "invested" in GM to the tune of 500M shares @$53/share. GM stock at 10:10am, 27 Dec is $27.80/share. Now, let's do the math... Our "investment" was 500,000,000 @$53 = $26.5B. The current value of our "investment" is 500,000,000 @$27.80 = $13.9B. Now, unless basic math has changed since I was in school, the taxpayers, you and I are in the hole/upside down/under water to the tune of $12.6B.
IMO: that is nothing to brag about.
OK boys & girls, there you have it.
Keeping it simple...not going into their balance sheet...not going into their statements of cash flow...not going into their statements of income/loss, this is the bottom line: The taxpayers, that's you and me "invested" in GM to the tune of 500M shares @$53/share. GM stock at 10:10am, 27 Dec is $27.80/share. Now, let's do the math... Our "investment" was 500,000,000 @$53 = $26.5B. The current value of our "investment" is 500,000,000 @$27.80 = $13.9B. Now, unless basic math has changed since I was in school, the taxpayers, you and I are in the hole/upside down/under water to the tune of $12.6B.
IMO: that is nothing to brag about.
OK boys & girls, there you have it.
Wednesday, December 26, 2012
WHAT'S GOOD FOR THE GOOSE...
Our president and his family are assigned protection by the Secret Service, the military and the police...all equipped with automatic weapons and body armor.
No one is assigned to protect me and my family except us and our 2nd Amendment, but, we can live with this arrangement.
Monday, December 17, 2012
Saturday, December 15, 2012
THE LEAST QUALIFIED...
The least qualified folks (citizens and politicians) to give advice/opinion on how to stop mass shootings is an unfettered abortion supporter who finds the daily massacre of thousands of unborn humans acceptable.
PROGRESSIVE POLICIES ARE TO BLAME FOR THE MASS SHOOTING IN SANDY HOOK
Decades of failed liberal policy have made it difficult to force people with severe mental diseases to be treated or institutionalized. And, then we are all shocked when these same dysfunctional individuals go on a shooting rampage like we witnessed last Friday.
As a result of public efforts to transform the mental health care system to characterize mentally ill people as “Just thinking differently”, and characterizing mental health care as some form of evil, we now have a system that makes it virtually impossible to get folks the care they need.Deinstitutionalization policies driven by “do good” liberals and the federal government put focus on limited bad acts. Kenneth Kesey wrote a story based on his LSD induced observations in one VA mental hospital. Once his story was put into film, his small example falsely characterized the bulk of mental health care as dehumanizing and made it impossible to force the Gerald Laughners and the Adam Lanzas of the world to get treatment.
Liberals and Progressives will focus on gun control after the Sandy Hook school massacre.
The focus should be on failed liberal policies that excuse rather than assist extremely dysfunctional individuals.
Friday, December 14, 2012
FOUR MYTHS OF THE FISCAL CLIFF
The media, pundits, and leaders from both political parties continue to warn of the impending fiscal cliff. Amidst all this chatter, four myths are being promoted as established fact. That is a huge load of horse manure. All are incorrect. Public policy based on such mythology threatens this nation’s economic well-being.
MYTH 1: The Essence of the Fiscal Cliff
According to accepted political wisdom, the fiscal cliff refers to diminished economic growth resulting from increased tax rates on the middle class combined with federal discretionary spending cuts. Acceptance of this definition ignores the actual fiscal cliff. The REAL fiscal cliff is the economic ruin that long term structural deficits and excess spending built into our federal budget through baseline budgeting. If federal spending actually strengthened the economy, we would be experiencing an unrivaled boom. Instead, we are in the midst of a post WWII record low employment level growth. The real fiscal cliff is caused—not avoided—by high federal spending.
MYTH 2: The spending cuts are too deep
Over the past 20 years, federal spending has grown a cumulative 71% in excess of inflation. In 1992, federal spending was $2.079 trillion in 2012 dollars. In 2012, federal spending totaled $3.563 trillion. The aim of the sequestration is across the board spending cuts with the goal of reducing the deficit by $1 trillion over ten years. In the first year of sequestration, $109.4 billion in cuts would occur from the 2010 budget baseline. This totals just 3.1% of the total 2012 budget. In fact, because the baseline grows each and every year, most of the cuts are not really cuts at all! The baseline cap—which grows every year—is simply reduced from previous estimates. Of course, cuts to military and non-discretionary spending exceed 7% of the baseline for 2013. The military cuts are of particular concern. However, to suggest that finding 3.1% savings in the overall federal budget is somehow extreme simply denies reality.
These modest cuts will leave spending at levels still far higher than the Clinton era and even the George W. Bush era. And spending increases each and every year after 2013 under the sequestration! In fact, in 2018, non-defense discretionary spending returns to an all-time high under these “cuts.”
MYTH 3: We have a “revenue” problem
The revenue problem refers to the notion that revenues are too low. Typically, special attention is drawn to the tax rates paid by the “wealthy.” However, taxes are not too low. In actuality, taxes are too high. Once again, take a look at the last 20 years. In 1992, federal tax revenue totaled $1.642 trillion in 2012 dollars. In 2012, revenue skyrocketed to $2.435 trillion in 2012 dollars. While federal spending has eclipsed revenue by more than $1 trillion each of the last four years, too little revenue has not been the culprit!
During the past 20 years, the population has increased from 256 million to 314 million, a 22% increase. If federal spending increased only at the inflation rate PLUS this 22% increase in population, the current budgetary situation would be far different. How different? Total spending in 2012 would be $2.543 trillion with a resulted deficit of just $119 billion dollars. Federal spending limited to just inflation plus population growth over the last 20 years would result in 90% deficit reduction.
Yet, the politicians who willfully expanded federal spending far beyond inflation and far beyond population growth now claim “low revenues” have brought us to the brink of fiscal disaster. Such a claim is untrue—and avoids the reality that deep spending cuts – not tax increases-- are now needed.
MYTH 4: Deep spending cuts will harm economic growth
In actuality, behemoth government spending is curtailing economic growth in the present. The sluggish pace of economic growth, languid job growth, and the record low labor force participation rate are all due in large part to high government spending and borrowing. Every dollar spent by the federal government is one either siphoned away from the private sector in the form of taxation, borrowed, or printed by Federal Reserve through its federal bond buying program. Taxation reduces the amount of capital available to stimulate development of supply of goods and services, borrowing diverts capital from private sector business development, and the Federal Reserve’s efforts to keep bond buying “affordable” discourages the accumulation of capital by artificially depressing long term interest rates. These harmful actions are occurring now—and are impacting economic growth in the present. Economic growth will improve once this spending trajectory is reversed.
With more capital left in the private sector, supply capacity will expand. Businesses, manufactures, and the private sector will have more funds to grow. Capital in the private sector creates more capital as businesses prosper. Greater supply of goods and service translates directly to greater per capita income.
Until our political leaders recognize that the fiscal cliff is one caused by too much federal spending rather than by spending cuts, we will continue to endure sub par economic growth and burden future generations with enormous debt.
Now, there you have it.
Thursday, December 13, 2012
Wednesday, December 12, 2012
IN A NUTSHELL...
Right-to-work does not affect collective bargaining in any way, except for making it impossible for unions to negotiate contracts that force workers to pay union dues, Everything else -- wages, terms and conditions of employment, benefits, continues with collective bargaining as before.
DEAR MR ROMNEY
Dear Mitt,
Thank you for turning aside from a life of ease and security to run for the presidency against an incumbent.
Thank you for enduring the slander of you, your family, and your faith perpetrated by a criminally negligent media.
Thank you for calling terrorism by its right name.
Thank for selecting Paul Ryan as your running mate.
Thank you -- and your lovely wife -- for demonstrating th
e power and beauty of true love.
Thank you for handling yourself with grace and equanimity in every situation.
Thank you for your patriotism.
Thank you for believing in America .
It is to our eternal shame that America did not believe in you.
Thank you for handling yourself with grace and equanimity in every situation.
Thank you for your patriotism.
Thank you for believing in America .
It is to our eternal shame that America did not believe in you.
Tuesday, December 11, 2012
IN A NUTSHELL...
Think unions are concerned about the American worker...think again...it's all about power & influence.
With RTW laws in place, workers will be still able to choose to join a union and further, the workers will have control how their money is spent...the workers may choose to have a handle on their money or they may choose to leave it all up to the union...now, that is pro-choice.
Unions depend on their money from dues for a variety of election activities, and the less money they have to do that, the less influence they have. The recent election shows if you want to play the game, it takes money. The less you have, the less your voice will be heard.
There you have it!
With RTW laws in place, workers will be still able to choose to join a union and further, the workers will have control how their money is spent...the workers may choose to have a handle on their money or they may choose to leave it all up to the union...now, that is pro-choice.
Unions depend on their money from dues for a variety of election activities, and the less money they have to do that, the less influence they have. The recent election shows if you want to play the game, it takes money. The less you have, the less your voice will be heard.
There you have it!
SELECTIVE PRO-CHOICE
Does anyone else see the hypocrisy playing out in Michigan with the right-to-work pending legislation and protest? It is funny how the Left is pro-choice on one very specific issue but against choice when it comes to individual liberty and freedom.
In this instance it is playing out with an individual decision to become a union member. Should not middle income American workers be able to determine where they want their wages, (already horribly depressed in this economy), to go? Obviously not — seems the liberal progressives’ definition of liberty is someone taking the liberty to decide what is best for you and your life.
To me, this is tyranny!
In this instance it is playing out with an individual decision to become a union member. Should not middle income American workers be able to determine where they want their wages, (already horribly depressed in this economy), to go? Obviously not — seems the liberal progressives’ definition of liberty is someone taking the liberty to decide what is best for you and your life.
To me, this is tyranny!
GUESS WHAT...
New insurance fee in health overhaul law to hit consumers...
It will phase out completely in 2017 -- unless Congress, with lawmakers searching everywhere for revenue to reduce federal deficits -- decides to extend it.
Anyone NOT see this coming?
It will phase out completely in 2017 -- unless Congress, with lawmakers searching everywhere for revenue to reduce federal deficits -- decides to extend it.
Anyone NOT see this coming?
Monday, December 10, 2012
DUDE, WHERE'S MY LIBERTY?
If they were really pro-choice, they would let me choose whether or not to pay for their contraception and abortions.
Sunday, December 9, 2012
Saturday, December 8, 2012
Thursday, December 6, 2012
Wednesday, December 5, 2012
TWO COFFEES IN HEAVEN
Having arrived at the Gates of Heaven, Barack Obama meets a man with a beard.
'Are you Mohammed?' he asks.
'No my son, I am St. Peter; Mohammed is higher up.' Peter then points to a ladder that rises into the clouds.
Delighted that Mohammed should be higher than St. Peter, Obama climbs the ladder in great strides, climbs up through the clouds and comes into a room where he meets another bearded man.
He asks again, 'Are you Mohammed?' 'Why no,' he answers, 'I am Moses; Mohammed is higher still.'
Exhausted, but with a heart full of joy he climbs the ladder yet again.
He discovers a larger room where he meets an angelic looking man with a beard. Full of hope, he asks again, 'Are you Mohammed?'
'No, I am Jesus, the Christ; you will find Mohammed higher up.'
Mohammed higher than Jesus! Man, oh man! Obama can hardly contain his delight and climbs and climbs ever higher.
Once again, he reaches an even larger room where he meets this truly magnificent looking man with a silver white beard and once again repeats his question: 'Are you Mohammed?' he gasps as he is by now, totally out of breath from all his climbing.
'No, my son, I am Almighty God, the Alpha and the Omega, but you look exhausted. Would you like a cup of coffee?'
Obama says, 'Yes please!'
God looks behind him, claps his hands and yells out: "Yo, Mohammed, two coffees!"
Keep your trust in God; your president is an idiot.
Tuesday, December 4, 2012
TAKE HEART FELLOW CONSERVATIVES
"We should never despair, our situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new exertions and proportion our efforts to the exigency of the times."
~George Washington, letter to Philip Schuyler, 1777~
~George Washington, letter to Philip Schuyler, 1777~
Monday, December 3, 2012
DO NOT BLAME CAESAR
Do not blame Caesar, blame the people of Rome who have rejoiced in their loss of freedom who hail him when he speaks in the Forum of more security, more living fatly at the expense of the industrious.
~Marcus Cicero~
~Marcus Cicero~
Saturday, December 1, 2012
DO THE MATH
Obamacare + Natural attrition = critical mass for our health care
Most folks are not aware of this, but, the reality is:
Effective 1 Jan 2013, the reimbursement rate to physicians/medical service provider for their medicare and medicaid patients will be further cut by another two to twenty seven percent (aka funding for obamacare).
BHO, his administration and the BHO propaganda machine (aka main stream media) have conveniently overlooked this tidbit in their information dissemination to US. Anyone recall that statement from Nancy Pelosi, "we have to first pass this bill to see what is in it"?
Just how do you think this will affect the medical providers?
Remember the Hostess employees who decided to completely give up their jobs instead of taking a measly eight percent cut in their income?!?! In other words some brainiac and a bunch of sheeple decide it is better to give up 100% than just 8%.
Medical service providers will be closing up shop or cease taking medicare/medicaid patients.
Just how do you think this will affect the folks (your elderly family members, your elderly neighbors, and yes, even you) who depend upon medicare/medicaid as their primary or secondary provider?
Anyone doing the math or connecting the dots or drawing conclusions yet?
I don't know about you, but, I'm going to be laughing all the way to the showers.
Most folks are not aware of this, but, the reality is:
Effective 1 Jan 2013, the reimbursement rate to physicians/medical service provider for their medicare and medicaid patients will be further cut by another two to twenty seven percent (aka funding for obamacare).
BHO, his administration and the BHO propaganda machine (aka main stream media) have conveniently overlooked this tidbit in their information dissemination to US. Anyone recall that statement from Nancy Pelosi, "we have to first pass this bill to see what is in it"?
Just how do you think this will affect the medical providers?
Remember the Hostess employees who decided to completely give up their jobs instead of taking a measly eight percent cut in their income?!?! In other words some brainiac and a bunch of sheeple decide it is better to give up 100% than just 8%.
Medical service providers will be closing up shop or cease taking medicare/medicaid patients.
Just how do you think this will affect the folks (your elderly family members, your elderly neighbors, and yes, even you) who depend upon medicare/medicaid as their primary or secondary provider?
Anyone doing the math or connecting the dots or drawing conclusions yet?
I don't know about you, but, I'm going to be laughing all the way to the showers.
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