Wasting Time With Alex

Economics

Friday, April 25, 2008

Reality Check

The news that Brazil has found one of the world’s largest oil fields off their coast might just usher in some major geopolitical changes for the Americas. If these oil fields are as large as the Brazilians claim, and they can bring them up to speed by the 2020 date the article mentions, we will have zero need of oil from the Middle East anymore. And as the article mentioned that carries some major league consequences to our global strategy. Suddenly having a stable Middle East is of no consequence at all for the US. I guess the Euroweenies and the Chinese and Indians will still need oil from that part of the world, but that means they would now have to provide security for it’s flow. I am sure the Euroweenies would end up paralyzed and even more beholden to the nut jobs that would certainly rise up and take over in the vacuum of an American presence - the Euros have no way to provide even a fraction of the security the US is providing and will not do so even if they increase their military spending 10 fold because of their personal politics and the sheeple they now have that has forgotten the value of power projection - and they will pay for that. But does anyone doubt that China would not simply destroy Iran if they got in the way of their oil needs? Of course Iran might just go along with the Chinese and Indians and stick it to the Euros. In either case the Euros are the ones that will get hit hard by this. And any idiot claiming alternative fuels will come to the rescue will have to eat bitter words. This stuff is just pipe dreams.

Of course there is always the possiblity that now that Europe is threathened by this scenario that our left will realize a stable Middle East is important. After all, once we do not need their oil and have no national security interests in the ME, then wasting valuable US resources becomes quite OK with the moonbats. I would reman delighted to see those socialist house of cards in Europe collapse as soon as possible. I still think once they fail misserably people here will give up following in their doomed path. Of course the nut jobs that think oil will soon cease to be the major lubricator of the modern world are going to eat crow as this major oil find just makes it more likely that oil & the combustion engine remain the catalysts to progress for many decades to come. Especially when their MMGW hoax fals flat after the earth cools in the enxt decade. But keep living on fantasies you deranged moonbats. And it looks like the Brazilians with their new discovery will join Canada with the shale oil in getting very rich indeed.

Tuesday, April 22, 2008

Why I am pissed at the Republicanns

Shit like this is what ticks me off about republicans? Forget Reagan? WTF? Hell no you idiot! You should be the ones remembering Reagan. He was popular for a reason: he really believed in the US and wanted to make government smaller. This outburst is more proof of the degeneration of our society as a whole. Basically these politicians pander to the lowest common denominator: the people that feel entitled to things at the expense of others. I am saddened to see how many people believe government should give them stuff so they can sit at home on their lazy asses. And I am angered to see how many politicians, especially in the party that is supposed to value self reliance and conservative ideals, have basically given up on the fight to change people’s minds and simply adopted the vote buying at the expense of the productive tax payer’s expense. Forget Reagan? Hell no! Forget idiots like you fool! How sad.

Tuesday, April 15, 2008

Say it ain’t so!

There are real consequences to “feel good” liberal policies? SAY IT AIN’T SO! We really meant well and wanted to help out poor Gaia. It looks as more and more facts come out about how counterproductive the entire green bio-fuels push has been, some of the real consequences of these policies are starting to finally become indisputable. Who could have thunk that if we took corn, rice, and other food staples off the market to make dubious bio-fuels, which tend to take more energy to produce than they can deliver anyway and thus simply defeat the entire purpose of why they where mandated (not two guys going out) in the first place, that somehow these crops would not be available for people to eat? But, but but! The libs ment well! This is what liberal government mandated policies tend to always be: nothing but feel good empty promises that cost a bundle and result in greater harm than any potential good they ever where intended to do. If you Gaia worshipping nut jobs really want to do us all a favor demand more nuclear energy and clean burning liquefied coal power production. Leave food for people to eat. Or is it that the Gaia worshippers have snowed us all and come up with a way to reduce world population through starvation and the wars that such starvation is sure to cause??

Monday, April 14, 2008

This is why socialism sucks

Read this story dealing with tax payments and you will see what the inherent problems of socialism are.

WASHINGTON (Map, News) - Tuesday is the deadline for filing federal income taxes. Half of American taxpayers will pay 97 percent of the individual income taxes the government will collect for 2008, according to IRS data. The other half will pay little or nothing, yet receive billions in benefits in the form of cash, subsidies, “free” services and other benefits, and loans. There are indeed “Two Americas,” but the two aren’t the rich and poor, but taxpayers and tax consumers. It’s going to get even tougher for the taxpayers in the near future, thanks to legislation being readied by Democrats who control Congress.

Let us face it. The democratic party relies on buying the vote of those 50% that pay nothing or very little with largesse at the expense of those that pay. And as the ratio of those that pay declines and that of those that have figured out how to game the system increase, there will be less money to go around and buy votes with. Of course the commiecrats will correct that by taking even more away from the payers as the article points out, driving more people into the hands of the government for their daily subsistence.

As someone that has people living in socialist Europe I have first hand knowledge of how well that has worked out for them and how bad things have gotten after juts a couple of decades of this crap. Italy had an election this past weekend that meant nothing. Mired in corrupt socialist government that stifles any kind of productivity or creativity, the country has become a parasite that sucks vast amounts of cash from other European nations but remains unable to correct the fact that their idiotic & corrupt anti-capitalist socialist policies have made the cost of living so high that general population that has become accustomed to government taking care of them indirectly or directly - way too many Italians work for the government doing nothing but shuffling paper - can make ends meet. The country is falling apart. And yet the politicians cling to their failed socialism hard because without that they would all be out of work.

In the Netherlands, because of the high value of the Euro and the protectionist policies of the EU vis a vis imports, people are now spending 4 if not 5 times the amount they did just a couple of years back for their weekly groceries. Everything is so expensive and government has been forced to cut back services so drastically while providing little or no tax relief that people are for the first time in 5 or 6 decades experiencing trouble getting food on the table. And it is getting worse, not better, because the efforts to move away from the failings of socialism are not being done effectively, and even worse, are often taken without returning the taxes that where being collected back to the people. So in the end the people are left with the same low after tax income and even bigger financial obligations to meet. A recipe for failure.

Many wonder how bad we are having it in America with our supposed economic slump (remember it is an election year and the MSM always feels the economy is bad as long as the guy in the WH has not got a (D) next to his name so the majority of the doom & gloom we are hearing is contrived if not outright false), but compared to how bad they have it over there we are still much better off. Well at least until after the election when the commiecrats want to take us down the same road to disaster that these socialist Europeans took not more than 2 decades ago and are now all forced to rethink or perish from.

But them’s the breaks during an election year when the left is out of power.

Friday, April 11, 2008

Congress demands energy companies do something!

Tuesday, April 08, 2008

Illegal Immigration and a National ID system

I was driving into work this morning and listening to a local talk show and the topic being discussed was a national ID card. The people calling in to make their point seemed equally divided over the whole idea. You had your usual privacy advocates that felt it was a given that the government was going to abuse such and ID system, and you had those that felt it would actually despite the privacy problems and potential for abuse be a valuable tool. The most common arguments of the proponents of such an ID system, including the arguments by the host of the program - and they are totally right about this - was that government already had all kinds of information on its citizens, and especially the law abiding ones. If you drive, own a passport, have been married, own a bank account or credit card, pay bills, own a fire arm, and file taxes - all things most law abiding citizens do - there is no way to avoid the government collecting a ton of information about you. And even if you are not such a law abiding citizen, these many and broad requirements for documentation to function in our society make it nigh impossible to hide from government effectively.

So the privacy argument is moot. It still does not do away with the potential for abuse that such a system would give our government, but that is why we have the second amendment. I should add still to that last thought. On the other side such an ID system does have some values, but that is predicated on the system being used to stop certain abuses. But what struck me as ridiculous was the belief held by many proponents of such an ID system that government would do exactly that when it comes to illegal immigration. I am one of the first people to point out that our immigration system is broke and in dire need of fixing. But I am also of the opinion that the people that circumvent it should not be rewarded for their lack of respect for our laws, but punished for doing that. No matter how good their intentions or their efforts after the fact are. The point is that they broke a law, and allowing people to break laws they find inconvenient, leads to nothing but anarchy. But I digress. The issue is how so many believe a national ID system will suddenly make the government care about enforcing immigration laws.

If your argument is that government already is able to collect so much information about its citizens that a national ID system will simply be a minimal step up on the already existing level of intrusion, then please answer me why government is not already able to control illegal immigration? The answer is simple: they do not want to do so. Democrats like the illegals because of many reasons. They help enforce the images of a poverty stricken populous that requires government intervention to address all the evils of society. From lack of insurance and the need for “free healthcare” to every other two bit socialist program intended to make the people dependant on government hand outs can be made more urgently needed when you pad the numbers with illegals living outside the system. While many come here for a crack at the American dream the fact remains many also suck, and suck very hard, at the government’s teat. Often by design. And do not forget the illegal, and often repeat voters, the democrats could not win elections without either.

Republicans love the illegals because it is huge force of cheap labor. A sad but direct response to government’s attempts to regulate the market and doing a terrible job of it. And many of them also see an influx of a few score of million potential workers as the only alternative to shore up a social security system that will soon have way too many people taking out compared to those paying in. Conservatives have given up on their attempts to do away with that SS Ponzi scheme and have settled for prolonging the agony and leaving the though decisions up to someone else down the line. They see that in the near future SS will either end up paying out so little it means nothing, be forced to take such a huge chunk of the income of those still working to stay viable that it basically becomes a disincentive for work, or simply goes belly up. To correct that they are hoping to skew the ratio of those paying in to those collecting back in favor of those paying in for at least a few more decades. Stupid by any kind of logic because what we need is for SS to be killed off and people to get their own way of saving for their retirement if we want to prevent that system from going belly up and leaving one or 2 generations to suffer the consequences on that dependency.

Anyway, back to the national ID system and the lame argument of how it would help enforce or curb illegal immigration. If the government has no incentive to curb illegal immigration right now, and while it has so much information about its citizens already, and turns a blind eye to the entire illegal immigration issue, why do we thing a national ID system will suddenly make them change their minds? Basically the people claming that such a system would be a powerful tool to combat illegal immigration forget that the only reason we do not have a much better response to illegal immigration is that government itself has no desire or reason to enforce the law. Getting such a system will not change that underlying problem. So it is a dumb argument to begin with. it is like the constant lawmaking around gun violence when existing gun laws are not enforced. It is meaningless. Let it go. If your concern is illegal immigration address the problem now by making our government change its mind about enforcing it more rigorously first. Everything else will be a waste of time.

Thursday, March 27, 2008

Why who is in the WH matters.

Many of my fellow conservatives have taken the stance that since McCain is no worse than your average democrat when it comes to his social beliefs, showing your dissatisfaction with him by helping a democrat win the WH and then get the blame for the damage the supposed socialist policies both they and McCain would enact will help the conservative cause. I think these people are crazy because they are hoping that a shift to the right in Congress would somehow check a donkey in the WH. i am not sure why they feel so assured Congress will go right in the next election. But that is an argument for a different time. What I am writing about is the presidential power to appoint judges to the SCOTUS. It is a given IMO that the next president will appoint at least 2 judges. All you need to do is read this article about the effects of the Medellin v. Texas SACOTUS decision and this other one about how that decision translates to the US ratifying the Kyoto protocol or some other such international treaty would have played out if the left had been the majority on the SCOTUS and abdicated our Constitutional rights to some international body like the ICJ. Read them both.

I call Bullshit!

OK, let me start off by saying that I am a hard core believer in the freedom of the market and that government has overburdened ours with costly and ridiculous regulations that do more harm than good, but when I read what the CEO of AT&T had to say about getting skilled workers, I just had to call bullshit. Walk through this exercise with me for a second, and you will see why.

SAN ANTONIO, Texas (Reuters) - The head of the top U.S. phone company AT&T Inc (T.N) said on Wednesday it was having trouble finding enough skilled workers to fill all the 5,000 customer service jobs it promised to return to the United States from India.

“We’re having trouble finding the numbers that we need with the skills that are required to do these jobs,” AT&T Chief Executive Randall Stephenson told a business group in San Antonio, where the company’s headquarters is located.

So far, only around 1,400 jobs have been returned to the United States of 5,000, a target it set in 2006, the company said, adding that it maintains the target.

The jobs in question are customer service jobs. Basically the person that gets the job answers phone calls by customers with issues, complaints, or requests for new business. Now this guy wants us to believe that a job that ranked so low on priority that AT&T figured it could drastically cut the cost of these customer services by outsourcing it to people that didn’t even have English as their primary language suddenly has a problem being filled here in the US? Think about that. The reason these jobs went overseas was simply because AT&T figured that it was not a priority with them and that as long as they could get someone cheap, they where fulfilling their obligations to the customers.

Now I am not trying to cast aspersions on the people that got these jobs. They are often very capable and hard working people. The problem was that most Americans had trouble talking to someone that they had a hard time understanding and that got turned off from companies that implemented this practice. AT&T is bringing these jobs back, not because it feels it is a good financial choice, unless you look at the fact that it directly affects their bottom line when customers walk because of their outsourcing practices, or even because it thinks these workers have not done a good job - frankly I think, and I speak from my own personal experience in IT, that the higher ups making these decisions often do not care about this quality as long as they can finagle it to show that they cut costs - but because they are losing business. now stay with me.

Stephenson said he is especially distressed that in some U.S. communities and among certain groups, the high school dropout rate is as high as 50 percent. “If I had a business that half the product we turned out was defective or you couldn’t put into the marketplace, I would shut that business down,” he said. Gone are the days when AT&T and other U.S. companies had to hire locally, he said.

I will be the first to admit that our high schools, especially in the urban communities which tend to be very liberal, in general have abysmal results, often because the people involved do not care about getting an education. Too many people have been told that there is nothing they can do to make the American dream happen for them because the system is rigged against them. The result is that most of them simply do not take advantage of the most important thing anyone hoping to get ahead in life needs: a good education. Couple that with schools that also do not care and peer pressure against those that do try to get an education, and you get the picture. No doubt about the fact that no company in the world other than the government or unionized teachers could get away with this kind of results. But even with that fact in mind, I can not help but call Bullshit! on this assessment. What kind of skills other than some basic reading, the ability to talk, and some good manners & people skills are necessary to do customer service? In fact the most important thing to do a customer service job is the ability to communicate with people effectively, and no school will teach you that in my opinion.

I am not sure he slipped up when he pointed out that no company had to hire locally anymore, but nobody should miss that. Our global world has made it possible for people in another company to do a job much cheaper than people here in the US. That is why these jobs went offshore. It was a conscious choice by AT&T driven not by their desire to provide better customer service, but by financials. This CEO is pissed because the people that pay for his product showed their displeasure at his company’s decision to use outsourcing to provide customer service used their ability to make a choice as well by taking their business somewhere else. Guess he doesn’t like others exercising their ability to choose either.

Stephenson said neither he nor most Americans liked the situation, and the solution was a stronger U.S. focus on education and keeping jobs. Business needed to help, such as AT&T’s repatriation of service positions and education grants, he added.

Now, I am all for America’s businesses to start forcing the current educational system to change and produce more capable people. The education system could use a healthy dose of the real world. Co-opted by the left with an agenda to create better collectivist drones at the cost of a real education, our students remain woefully unprepared for the job market of today where high tech demands skills. But please do not try to bullshit us about that being the case for customer service jobs. How freaking hard is it to answer a phone or work a computer? Maybe the issue is that AT&T also outsourced their IT work and now the quality of that is so lacking that they need much more skilled people to do the job of dealing with the constant issues?

Nah, do not get fooled. Their decision to outsource was based on money only. They thought they where going to save a big amount of cash by paying Amit 20 cents an hour over paying Tom $8 or more dollars an hour. When the AT&T customers showed their displeasure in a way that hit their pocket books, they had to rethink this cost cutting effort. The only problem is that they do not like having to pay people here that much for that kind of low skilled job. And that is why they are having a hard time moving the jobs back here. Not because of lack of capable people. It is because of lack of capable people that will do the jobs for peanuts. This guy Stephenson is not really helping us address the issue of how our schools are failing us as a society by trying to bamboozle us into thinking customer service jobs are high skill. In fact he is outright hurting it by trying to hide the fact AT&T would prefer to keep these jobs where it is cheap for financial reasons but is forced to change that because their customers do not want it.

Monday, March 24, 2008

More proof of why socialism sucks

Well, when I first heard about the effort to provide free wireless internet to everybody - read that to be people that can’t really pay for the service at the expense of those that work hard - I knew it would end up like this. Took government 3 years to get here, but then again, this socialist stuff never works as promised. Of course the usual class warfare gurus will point out that it was the greedy companies that pulled out of the deal once they realized how massive the losses they would be made to take, for the good of the people of course, that sunk the magic project. None of them ever points out that when the prohibitive losses sink these companies suffering the financial hit, the people that got the “free service”, those quote marks are the to point out there is no such thing a free lunch, are going to be left off far worse for having been given the taste and then having the plate yanked from under them. Not to mention that the company going under affects everyone else, including those that have paid out of their own pocket or have invested their money in the company for pensions, 401Ks, or some other savings, as well.

Look people. The lesson is simple. When government does it, if you are lucky it will only cost 2 or 3 times as much as if it was done by the private sector, and it is likely to be doomed from the start because these people to often live in La-La land. There are no “free” lunches either. It is a historical fact that nobody does anything if they can not become better off from that action. It’s human nature. Socialism sucks precisely because it demotivates and discourages anyone from doing anything more than the bare minimum to avoid getting in trouble. Need is a powerful motivator. When you need something it will make you get up and do something about it. How motivated do you think people would be to go work and get the money to pay for something if they can get it for free? Reality again sinks the pie-in-the-sky dreamer’s plan to hand out a free lunch for votes.

Tuesday, March 11, 2008

Elections & economics.

In these days leading to a national election with a decidedly biased MSM acting as a branch of the DNC, it is critical to understand the reality of our economic situation, especially since the usual class warfare leftists are lying about how bad things are, to be able to counter the bull. David Freddoso over at NRO has one heck of a good commentary piece dealing with this campaign of disinformation by the left which then links back to both an interesting discussion by one of my favorite economists Thomas Sowell as well as a Brad Schiller Wall Street Journal article destroying “ The Inequality Myth” thoroughly.

The main contention by the left is that the income share of the bottom 20 percent of households shrank from 4.1% in 1970 to 3.4% in 2006. But Freddoso points out that the 3.4 percent being bandied about applies to a pie three times as large as the pie of 1970. Adjust that for growth Freddoso points out that the average income of households in the bottom 20 percent has risen by 36% since 1970. Even a retard (most socialists tend to be a step lower that that however) can see that the poorest Americans are richer than they used to be, in addition to being among the richest poor people in the world. And there is another factor that is huge: the top 20 percent household bracket (64 million) contains nearly twice as many actual people as that bottom 20 percent bracket (39 million)! And keep in mind that today 27 percent of households are one-person households while in 1970 that number was just 17 percent. Does anyone want to contest the fact that one-person households are the most likely to be in the bottom quintile? What else? Freddoso points out that:

The bottom 20 percent includes millions of young people starting their first jobs, who will earn more as they grow older. It includes some retirees with assets but little income, and millions of new immigrants just stepping up to the bottom rung of the economic ladder. And yes, millions of chronically unemployed householders, too. But let’s take that bottom quintile for what it is and do a bit of amateur number crunching:

a)The 39 million people living in the bottom-earning household quintile (13 percent of Americans) made a total of $476 billion in 2006.

b) If they were their own nation — let’s call it Carteria (please, suspend your disbelief for a moment) — they would have had a per capita Gross National Income of $12,205 in 2006. (Their per capita GDP would be much higher, but also impossible to calculate with the numbers we’re given.)

c) According to my highly scientific survey of Wikipedia, that puts Carteria in a tie with Saudi Arabia for 41st place in per capita income. The average Carterian would be well ahead of the average Mexican and twice as well-off as the average Venezuelan or Russian.

That’s not great, but it’s not so bad considering that Carterians all come from the 23 million lowest-earning households in the United States.

Plain and simply put, the lowest 20%, is a bracket where a significant amount of the people really are not enduring much of any kind of hardship. But like with Healthcare where the number 43 million uninsured gets bandied about without ever pointing out what the breakdown of those 43 million is, this big number makes for better socialist propaganda. If however that 43 million is broken down thus making it obvious to the audience that the majority of people lumped in that group are there by choice - teenagers with parents that have insurance, young people that opt not to purchase insurance, and so on - or by shady accounting that includes illegal aliens (that vote for democrats) as uninsured people, then suddenly it loses its power. Just like that constant harping about the lowest 20% loses its power when you reveiw the above data. The fact is that democrats want to tax people into obedience and use government handouts to control society and perpetuate their power. They should not be allowed to lie about the economy to do so. The traditional MSM is not very likely to do the work and challenge their bull, so we need to do it ourselves. You can be certain that the economic improvements for anyone, and especially those in the bottom 20%, will never come from anything democrats do. Their MO usualy results in damaged economies and slowed or even worse false growth. Of course you would be damned to find anyone in the MSM that will not suddenly think the economy was just fine if the coccupant of the WH had a (D) next to his name like we had when Clinton was there.

Wednesday, February 27, 2008

Economic slight of hand in an election year

I have been avoiding any commentary about the whole mortgage crisis thing because like billionaire investor Sam Zell I know this is nothing but the MSM doing propaganda for the left. This crap happens every damn election cycle. The MSM cronies of the DNC start complaining of a “bad economy”, “disaster & recession”, and the usual whine fest of how evil republicans are making us all poor. Of course if a democrat wins the election the financial/economic news the day after that is that all suddenly is turning for the better. Don’t take my word for it. Just look at the 1992 election cycle news for economic news. Remember the saying “It’s the economy stupid”? Well the fact was that the economy was doing quite well and bouncing back from a slight negative bump long before the election, but the MSM kept harping about how we were all doomed. That is they kept saying that the sky was falling until Bill Clinton won, and suddenly all was not just well, but awesome. These days the MSM is back to the same crap. Bad economic news for some inexplicable reason favors democrats. This is nothing but election year shenanigans by the DNC propaganda machine: the MSM.  Here are Sam Zell’s own words:

Speaking on “Squawk Box” this morning, Zell attributed much of the current economic troubles to fear-mongering and politicking by Democratic presidential contenders Hillary Rodham Clinton and Barack Obama.

“Obviously what we have going on is an attempt to create a self-fulfilling prophecy,” said Zell, chairman of Equity Investments Group and owner of the Chicago Cubs, Chicago Tribune, Los Angeles Times and other companies. “We have two Democratic candidates who are vying with each other to describe the economic situation worse.

“The reality is that if you live on Wall Street and you’re in the credit markets the world couldn’t be worse. If you’re a farmer and you’re getting $25 for your wheat, you’re having a great time. If you’re a CEO and you’ve got a balance sheet that’s bullet-proof, you’re in a great position. This whole thing is way out of control, way out of hand.”

Zell said that although he doesn’t try to pick bottoms in markets he believes housing has hit its nadir and will turn around this spring as inventory clears out.

Now don’t get me wrong. The whole housing thing has pissed me off beyond belief. For one thing, the usual socialist scum in government are back at it trying to buy votes with the tax dollars paid by the productive. Does anyone else see how this government bail out of people that have made horrible choices, often on purpose and likely criminal, is rewarding bad behavior? If you lie about your income, buy a house that is far beyond your means, settle for a variable rate mortgage, and then end up screwed when fortune’s change, why should I help you keep your house? Sure there are some people that are real victims of the times, but the majority of the people with issues are directly responsible for being where they are. And instead of letting them pay for their bad choices and likely criminal activity, government wants to help them out with the money of those that did the right things. Scandalous!

And this trend is everywhere. Come to America illegally? Hey no problemo! We will give you a fast track to citizenship while those that do t he right thing languish in an INS hell for a decade. You are popping out babies as an unwed teenager and dropping out of school? Heck, we will pay you for that bad behavior! It’s about the poor child after all (and keeping that child poor and voting for democrats). You are a regular loser because of bad choices? Not to worry! Uncle Sam will give you a free lunch as long as you keep the right politicians in charge. You committed crimes? Even killed people? Do not worry! The legal & penal system will do all it can to help you stay around and do it again. The victim? Ah, screw them. Especially if they are dead anyway. And the list goes on. If you do something stupid or bad, government is there to bail you out. Do the right things and they line up to take away as much as they can for you. Of course, to help the others that have not been as “fortunate” as you. It seems that the more stupid and bad things you do, the bigger the handouts get.

And that’s why our economy is in bad shape. Well it really is not, but the DNC propaganda arm, the MSM, is going to keep harping on that until their guy wins the election. Hey, maybe that’s the “Change & Hope” Barak Hussein Obama is preaching about. I am sure Hillary would be saying the same, but she has been to busy trying to figure out how to go at Obama without violating the PC identity politics the left prides itself on so much. May this crap drag out until far after both the Democratic convention and this year’s election. Oh yeah. If you have cash buy stocks. This is the time to do so.

Tuesday, January 22, 2008

What do you make about that?

I must say that I expect all the idiots that have been telling us that the days of America being the top dog where over and that China, the EU, or the two together were leading the world’s economies to be having a doozy of a time explaining why an election year campaign to create the illusion America is in a recession or heading to one has resulted in news like this and this, and the drops are not just limited to Asia as this article about stocks in Latin America shows. Now you get my point right? For a “has been”, the news that things where slowing down in the US sure have resulted serious and adverse reactions everywhere else. So either we are not such a “has been” as the traditional anti-American lot of collectivists wants us to believe, or something else is going on. Of course with oil prices flying high and the MSM flaming & fanning the news of recession - we are in an election year and these bastards know that any talk of a bad economy favors the democrat collectivists they shill for - there was bound to be some reaction. But it looks like the Feds are taking action. Is it enough? Not sure, but I do not expect the people that profit from bad news in America to let up. At least not as long as they have won the WH back. Then the economy will suddenly do a 180 as always.

There is no doubt in my mind that the drastic rise in energy prices over the last couple of years is making itself felt. So far we have held inflation back, but the damn thing is that someone somewhere will have to pay for it. The best way to bring down the impact of these price changes, building new capacity and drilling for our own oil, seem to still remain off the table because the usual lot of collectivists continue to block efforts to drill for our own oil, build new nuclear or liquified coal & gas plants to make electricity, are adamant they will not allow it. So my guess is that things are not as bad as these morons claim they are. The day I see this lot of losers agree to let us drill for oil and build more nukes, is when I take them seriously.

Sunday, January 20, 2008

According to MSM economy ready to tank, but it grew 4.9% in 3rd quarter?

Again I know why whenever I hear the usual lefitist suspects in the MSM claiming how the US economy is in shambles and ready to slide into a recession I just shake my head and wonder why if the occupant in the WH has a (R) next to his name even great economies are bad, while the ones with a (D) get positive coverage only. Then you get news like this. With all the crap about how the sky was falling - I guess we have a presidential election soon and the MSM knows their buddies in the DNC score when they tell the people that things are bad - recently this news is just staggering.  Don’t worry however. If the democrats have anything to say aboout it they will eventually straddle us with some hefty taxes that will cause that recesion they so pine for. Of course they will not get balmed for it then.

Tuesday, December 04, 2007

What the weak dollar is really doing..

Lately I have been reading a ton of crap, most of it by Bush hating collectivists that need bad news in order to energize people to vote for democrats and without a clue about economics, about how the weak dollar is going to make America go belly up and the Euro is going to become the real world currency. But the facts are quite different and what is really happening are things like this one. Contrary to the lies from the moonbats, the dollar is weak on purpose. A weak dollar might be bad for the average citizen that is thinking about going on vacation, but it is helping our economy out big time. I am still convinced that it is weak on purpose. Primarily to put pressure on China to break its currency from being pegged to the dollar and to bring industry, like in the article above, to the US. Sooner or later the Europeans will adopt policy to lower the Euro or risk the massive losses that it will mean for them. And sooner or later China will have to break from the dollar too, and I guarantee you the Europeans will not want China to peg their currency to their Euro either. In the mean time the whole thing is a bonanza for US manufacturers and exporters, lowers imports because of cost, and in general is a big positive kick for our economy. Just sucks when you are an elite leftist that loves to spend time in Europe where your dollar doesn’t go as far these days or one of the other fools hoping for some kind of catastrophic recession in order to herald the coming of the collectivist age like these absolutely crazy idiots. See, behind every collectivist, anti-capitalist decrying greed, is a simpleton that is envious of what others have, but too lazy, incapable, or both of making it for himself. So instead they demand everyone else give up what they don’t have and certainly won’t work fo unless it is given to them for free. These people are all about spreading the misery equally. Bunch of idiots all.

Monday, December 03, 2007

Oh how it sucks to be libtard.

I have to admit that I do not usually read liberal writers because I know how deluded the majority of them are, but then again and every once in a while, you come across something that proves what we know about them like how democrats only proper when bad things happen to America/41543/. First this tool rambles on about how the surge is working in Iraq and how now that issue has evaporated from their potential arsenal to bash the right with in 2008. Then he cries about how now Embryonic Stem Cells and that issue has also evaporated for them. He continues on with a short discussion about the peace meetings in Washington between Israel and the Arab contingent about the Palestinian issue, and after somehow twisting himself into a pretzel to say that if it works the left can then use that to make the argument negotiations do work. But he then tacitly admits that the left would be left with a dirty taste in their mouths because Bush was the one to make it happen. Just like they have when the issue of the Cold War comes up and Reagan’s role has to be acknowledged. Of course I had a chuckle over that because I know way too many liberals that think the wrong side won the Cold War to begin with, and they would never feel anything but sadness at the passing of the USSR. Most of them pine for the good old USSR to check evil America and show us the wonders of collectivism. Anyway, he finally gets to the good news: the economy might be about to hit a recession!

And so for Democrats, every news story pointing to imminent economic ugliness is a gift. Such is our duplicitous American version of Leninism lite: The worse, the better—but don’t ever say so. Our cynical Bizarro selves must remain closeted.

Big good-news stories are alarming, big bad-news stories are heartening—and applying the template of one’s own agendas also makes small, lurid, inconsequential news stories fascinating. I’m talking about the book publisher Judith Regan’s lawsuit against News Corp., which fired her a year ago after Rupert Murdoch decided that the tsuris was no longer worth the profits she generated. For me the legal fight is Godzilla vs. Mothra—even though I think Regan was very badly treated, I’m not really rooting for either side to win. But I am desperate for the depositions and discovery and trial testimony.

So he basically points out how bad news for America is good news for the democrats. The rest of this article is more of the usual lib drivel. And I have to say he is not the first lib that I have heard comment with glee that we might be hitting a recession - look at how the MSM has been covering any financial news and see the negative slant for proof - and that while that will hurt the average American, and possible badly, it will help get a democrat into the WH. Think about that. How screwed up must you be that you pray and live for bad news so you side can have power? Even worse, what does that say about your side? Again, what hurts us in America helps democrats.