Posted tagged ‘Michelle Obama’

Must Reads For The Week 4/7/18

April 9, 2018

Mr. Mark Robinson Addresses Greensboro City Council In Support Of The Second Amendment. No one could have made these points better.

Mr. Robinson Nails It. Read this quote from Atlas Shrugged by Ayn Rand: “Did you really think we want those laws observed?” said Dr. Ferris. “We want them to be broken. You’d better get it straight that it’s of a bunch of boy scouts you’re up against…..We’re after power ad we mean it….There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding Citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that’s the system, Mr. Reardon, that’s the game, and once you understand it, you’ll be much easier to deal with.”

Ayn Rand: “The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities.”

London Mayor Unveils  New Stop-And Frisk Police Policy To Enforce City-Wide Knife Ban, at zerohedge.com. I didn’t think this was real. This could have been from The Onion. This story makes the above quote from Atlas Shrugged ring true. London Mayor Sidiq Kahn said: “….These statistics (37,443 knife offenses) show …… a government that has been desperately weak on crime for the last eight years, as well as weak on the causes of crime.” So what is the ’cause of crime”? Knives! Here is more from Mayor Sidiq Kahn: “Let me be clear – there is no reason to carry a knife. To anyone who does – they will be caught, and they will feel the full force of the law.

Michelle Obama Says Barack ‘Was Like The Good Parent’, Calls Trump ‘The Other Parent’. by William Cummings, at usatoday.com. The fact that progressive leftists, like Michelle, think of the President and the government as a parent means they think we are their children. The problem with this paternal relationship narrative, constructed by the progressive left, is that close to 50% of the citizenry believe it. Nothing could be further from the truth. You are responsible for yourself. Our Government was not founded to be responsible for you. When Government does something for you, it means that politicians and bureaucrats must first take from what other citizens have produced. Why? Because Government doesn’t produce anything. Individuals in the market produce wealth. Government consumes wealth.

DHS Has Detected Possible Cell Phone Surveillance In D.C. and Doesn’t Know Who Is Doing It, at washingtonpost.com. These StingRay devices have been used against U.S. citizens for years by local and federal law enforcement. So the Government is getting a taste of its own surveillance medicine. Good! Doesn’t taste so good. Does it?

Scott Pruitt Is Trump’s Biggest Asset, So The Left Wants Him Gone, by Mollie Hemingway, at thefederalist.com. Rolling back onerous EPA regulations has made Scott Pruitt a hero in my book. Which is why he is a villan in the eyes of the progressive left.

Illegal Immigrants Shielded From University Of California Out-Of-State Tuition Hike, at thecollegefix.com. Illegal Immigrants in California don’t have to pay out-of-state tuition. But out-of-state U.S. citizens do. This makes perfect sense. Illegals living in California vote in California elections. U.S. citizens living outside of California don’t vote in California elections.

THE ECONOMY

Fed’s QE-Unwind Proceeds Despite Stock Market Sell-Offs, at zerohedge.com. First of all the Fed should never have purchased U.S. T Bills and/or Mortgage Backed Securities. The Fed interfered with what the market would have decided these assets were worth. This interference has kept interest rates below what they would have been on the free market. The liquidation would have been painful but swift. All the Fed has done is allow more pain to be felt incrementally over time.

Subprime Auto Implosion In Full Effect As Lenders Start Dropping Like Flies, at zerohedge.com. This is the automobile businesses version of the popping of the 08 Housing bubble. Loaning money to people who can’t pay it back is a recipe for disaster.

Mall Vacancies At Six-Year High As Local Economies Stumble On Retail Slump, at zerohedge.com. Commercial real estate was over built thanks to easy money from the Fed. Under market interest rates and sound money this commercial bubble would not have gotten off the ground. Building all these malls was a waste of scarce resources. This land (resources), labor and capital could have been used in more productive activities. Artificially low interest rates funneled resources into non productive activities. On a similar note, Retail Real Estate Bubble Turns Manhattan Into A “Shopping Wasteland“, at zerohedge.com, Please. No more government help or bail outs. Government intervention is what caused the bubble in the first place. Allow the liquidation to happen. It will hurt, but it will put the economy on solid ground from which to build.

US Congressman Pushes Bill To Reinstate Gold Standard, at zerohedge.com. Our dollars purchasing power would increase if it was pegged to a certain weight in gold. Prices rising is not inflation. Printing money is inflation. Increased prices is the symptom of the money printing problem.

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