Posted tagged ‘Obama’

Must Reads For The Week 5/6/17

May 6, 2017

FCC Chairman Ajit Pai On Why He Is Rejecting Net Neutrality Rules, at reason.com. Free speech and access to information are important tools in pushing back against the propaganda of status quo institutions. Government bureaucracies, political parties, mainstream media, the Fed and it’s banking satellites, the health system, and our education system are just a few that need their power reduced. These institutions do not like information about their skims and scams to be found out.

Why The New York Times Is Cheering On “Censorship Algorithms”, at zerohedge.com. U.S. mainstream media  wants to use algorithms to purge the internet of stories it decides is fake news. They don’t like the fact that their monopoly on information no longer exists. Every status quo institution wants to hold on to its power. Fortunately for us the internet genie is out of the bottle.

The Pope’s Favorite Straw Man: Individualism”, by Ryan McMaken, at mises.org. It is OK for the Pope to be ignorant about economics, as long as he doesn’t pontificate about economics.

ESPN Anchor Admits Network Failing Because Of Politics, at tammybruce.com. People watch sports to escape the political BS they are bombarded with everyday.

Jimmy Kimmel Opens Up About His New Born Son’s Heart Surgery And Praises Obamacare, at npr.org. Emotion is not thinking. This is why I haven’t watched any late night shows since Johnny Carson. I don’t want to be preached to by someone who is supposed to make me laugh. We are headed toward a single payer government-run healthcare system and Kimmel obviously supports this. This direction will not be stopped by the House repeal bill. Does Kimmel understand that under his desired government-run single payer system, a bureaucrat, guided by bureaucratic rules, would have decided if his son would have had the surgery or not. It wouldn’t have been his decision. Emotional pleas do not change the reality of the cost of healthcare goods and services. Government subsidies, taxes, rules and regulations created these high cost. After the costs rise, Government then passes regulations that attempt to hide or shift the costs to someone else. Getting back to a true free market in healthcare is the only way to lower healthcare costs. What are the odds of that happening?

Obamacare Implosion: Last Major Healthcare Provider Pulls Out Of Iowa Leaving No Options In 2018, at zerohedge.com. Also: Obamacare “Death Spiral”: Maryland Insurer Seeks 50% Premium Increase for 2018, at zerohedge.com. How is our centrally planned healthcare system working out?

Maduro Hands Out Free Homes, Hikes Minimum Wages To Counter Angry Protests Wave, at zerohedge.com. Free stuff and setting prices is socialist central planning. Government intervention like this is how Venezuela got into this mess in the first place. How are these policies going to improve a situation that policies like this produced?

Philly Beverage Tax Blowback: Coca Cola Sales Plunge 32%, at zerohedge.com. Who would have thought increasing the price would lead to less being consumed. This is incremental socialism.

Dakota Access Pipeline Protest Camp Is Ecological Mess. State May Sue To Recover Losses, at kfgo.com. Do as I say not as I do. These people protested the pipeline because of possible ecological disasters. In the process, they created a real ecological disaster. We should never take these kinds of people serious.

It Takes 79 Solar Workers To Produce Same Amount Of Electric Power As One Coal Worker, by Mark J. Perry, at carpediemblog. Even thought solar and wind are subsidized by tax payer dollars, they can’t match fossil fuels in producing cheap efficient energy.

Northern Arizona U. Professors Claim Student Recordings Are Part Of An Attack, at arizonadailyindependant.com. Students are pushing back against the education establishment.

Barack Obama Officially Endorses Emmanuel Macron, at zerohedge.com. Obama says the hell with influencing elections covertly. I’m going to try to influence the French election overtly. People who think that governments don’t try to influence elections are naive. Did Russia try to influence our election? Yes. Did Obama try to influence Netanyahu’s election (read here)? Yes. Did Obama try to influence the Brexit vote (read here)? Yes. Did late night shows try to influence the election? Yes. Did the mainstream media try to influence the election? Yes. Did wall street try to influence the election? Yes. Did unions try to influence the election? Yes. Did you try to influence the election? There is a big difference between trying to influence an election and tampering with the casting and counting of votes.

CARTOONS

at therightreasons.net

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Must Reads For The Week 4/15/17

April 14, 2017

Taxation Is Theft, by Andrew Napolitano, at mises.org. Happy tax day. Here is an excerpt from the article: “With a tax code that exceeds 72,000 pages in length and consumes more than six billion person hours per year to determine taxpayers’ taxable income, with an IRS that has become a feared law unto itself, and with a government that continues to extract more wealth from every taxpaying American every year, is it any wonder that April 15th is a day of dread in America? ……..”There are only three ways to acquire wealth in a free society. The inheritance model occurs when someone gives you wealth. The economic model occurs when you trade a skill, a talent, an asset, knowledge, sweat, energy or creativity to a willing buyer. And the mafia model occurs when a guy with a gun says”: “Give me your money or else. Which model does the government use? Why do we put up with this?

How Government Meddles In Your Easter Chocolate, by Ryan McMaken, at mises.org. Government tariffs drives up the price consumers pay for chocolate, and also push down the wages of Cacao farmers.

NY Leads 10-State Lawsuit Against Trump Administration Over Stalled Pollution Rules, at huffingtonpost.com. Check out this line up. New York, California, Connecticut, Illinois, Maine, Massachusetts, Oregon Vermont, Washington, Pennsylvania, and NY City are suing to get these laws reinstated. Why doesn’t each of these states pass legislation that makes these efficiency standards laws in their states? Leave us alone we are fine with reduced standards.

If You’re Wondering Why Trump Can Just Bomb Countries; Ask Obama, Busch, and Clinton, at zerohedge.com. What Trump did was nothing new! Does anybody remember that last 25 years?

Which Graduate Degree Gets You Out Of Debt The Fastest, at zerohedge.com. Do some research before you choose your degree.

Students ‘Fear’ Chick-Fil-A Will  Jeopardize ‘Safe Place‘, at campusreform.com. What degrees to you think these students are going for?

New York Could Become Largest State To Offer Tuition-Free Public Higher Education, at washingtonpost.com. Free! I don’t think the greedy professors are going to teach for free, do you? Free means the cost gets shifted to the taxpayer. Get back in the bottom of the ship with Ben Hur and keep rowing.

Donald Trump’s Travel Expenses In 10 Weeks Cost Taxpayers As Much As Obama Spent In Two Years, independant.co.uk, We slammed Obama so we are going to slam Trump. STOP IT.

Sweden’s Largest Newspaper Demands “Ban Men In Cars To Stop Terror“, at  zerohedge.com. Here is headline I thought could have been from the Onion. I always say, “unbelievable”. But I guess it shouldn’t surprise anyone. Should it?

Cyborgs At Work: Employees Getting Implants With Microchips, at dcourier.com. Workers have a microchip planted in the tissue between your thumb and fore finger. It is used like a swipe card to open doors, operate machines, and to purchase things. There are government central planners all over the world that are loving this idea.

The Worlds Worst Economist, at economicpolicyjournal.com. Venezuela is living proof that big government central planning creates economic disaster. Economist Mark Weisbrot supported the policies that brought about the collapse. Another example of credentialed ignorance.

CARTOON

The Model For Obama And The Pope? North Korea

October 2, 2015

The Burning Platform (click here) shows us that the Pope and President Obama would consider North Korea a perfect model for every nation to follow if we want to stop global warming. Electrical usage in North Korea has decreased since 1980, while South Korea’s electrical usage since 1980 is 14 times greater. We all know that electric power is produced by carbon based fuels, which emit CO2, which is used by plants along with water and sun light to make sugar for the plants and oxygen for us. Wait a second! Does using electricity produce oxygen?

 

DO AS I SAY, NOT AS I DO

I have a question for the Pope and the President. If everyone followed your examples and spent their days pontificating or bloviating about poverty; Who would produce all the stuff that you want us to give to the down trodden? It’s hard to give something away that doesn’t exist. Production comes before consumption. The Pope should know this from reading Genesis 4:19 “By the sweat of your brow you shall eat bread.” And President Obama should know this from reading Karl Marx, “From each according to his abilities, to each according to his needs“.

The people who rail against capitalism, do it under all the comforts that capitalism has produced. They are ignorant of the processes that allows them to do what they do, because they’re born in the middle of the story.

Political Cartoons by Nate Beeler

Here is a great article by Mark J. Perry at Carpe Diem Blog titled What Four Previous Popes Had To Say About Socialism. Needless to say they didn’t give socialism glowing reviews.

Related ArticleWhat Comes First Production Or Consumption, at austrianaddict.com.

Related ArticleWe’re All Born In The Middle Of The Story, at austrianaddict.com.

Burger King, Corporate Tax Inversions, And Political Theater.

September 1, 2014

 

Just an 80's era Burger King

The recent bashing of Burger King about their merger with Tim Hortons is nothing more than political theater being staged for the upcoming November elections. The political strategy of: divide us into as many groups as possible, pit us against each other using propaganda, and set up the false narrative that Government is the only solution to the made up problem is in full swing. In this case it’s the usual tried and true tactic of the haves vs. the have-nots.

POLITICAL PROPAGANDA / HOME OF THE WHOPPER

A corporate tax inversions is simply a corporation merging with an overseas company from a country that has a lower tax rate. The President has been propagandizing inversions lately for political reasons. If you don’t believe me watch this short video ( if you can get through the first minute). The words used, the tone of his voice, and the misinformation in this video would make Joseph Goebbels envious.

Tactics like this aren’t new. In May of 2013 Apple was brought in front of a Homeland Security and Government Affairs Committee hearing to be lambasted about their tax practices. These hearings are always political theater. But in this case something different happened. Senator Rand Paul took the unpopular stance of defending Apple.

Which video do you believe is factually true of just a piece of propaganda. We have to be able to sift through the propaganda and rhetoric of both sides in order to get to the truth.

TAX INVERSION MATHMATICS

The Federal Government will collect $20 billion less in tax revenue over a decade if tax inversions aren’t halted (read here). That’s only $2 billion a year out of a $3.7 trillion yearly Federal budget, or .001 percent of the budget. If you add the fact that the Fed is still printing $25 billion a month, you see the insignificant amount of money involved. Politicians will propagandize inversions by saying, “this will ‘cost tax payers’ blah blah blah”, or something about corporations, “trying to avoid paying their fair share”. This is purely political posturing through propaganda.

PERVERSE BED FELLOWS

Here is an article titled, Buffett Burger King Funds Flip Obama’s Inversion Calculus. It is interesting to see all the corners these crony capitalists and politicians get paint into because of their incestuous relationship with each other. Here are some excerpts.

“Billionaire Warren Buffett was an ally of President Barack Obama during the 2008 presidential campaign and the force behind Obama’s “Buffett Rule,” designed to increase tax bills for the wealthiest Americans. Now, the second-richest man in the U.S. has dented Obama’s effort to stamp out corporate inversions.”

“The danger for Democrats is that Buffett’s investment in the burger-fries-and-a-Coke company’s inversion might flip that calculation and make it politically easier for other corporations to follow suit without suffering repudiation from the public or the White House.”

“That’s because Buffett in the past has served as a sort of unofficial adviser to Obama on business and financial matters, someone whose stamp of approval has offered political cover when the president has been accused of being anti-business or of unfairly targeting the wealthy….If Obama were to question the Burger King deal publicly now, it would mean putting himself at odds with Buffett.”

“I proposed closing this unpatriotic tax loophole for good,” Obama said in his weekly address on July 26. “Rather than double-down on the top-down economics that let a fortunate few play by their own rules, let’s embrace an economic patriotism..”

“…Treasury Secretary Jacob J. Lew called on Congress to pass a law requiring that foreign shareholders account for 50 percent of the ownership of a new merger between a U.S. company and a foreign one … The administration wants that change made retroactive to May…. legislation taking effect after the president signs it into law — could have the perverse effect of encouraging corporations to act more quickly, negotiate new deals and rush to close those transactions before the bill is enacted,” Lew wrote. “It would be a mistake for Congress to pass anti-inversion legislation that creates a race against the clock and encourages more, not fewer, inversions.”

I want to disinfect myself after reading that.

GEORGE McGOVERN: FREE MARKET CONVERT?

Former Senator and 1972 Democratic Presidential nominee George McGovern talked about his experience dealing with Government regulations and mandates after he retired from politics and became a business owner, in this article titled What I Know Now: Nibbled To Death. Here are a few excerpts from the article.

“The second lesson I learned by owning the Stratford Inn is that legislators and government regulators must more carefully consider the economic and management burdens we have been imposing on U.S. business.”

“….if I were back in the U.S. Senate or in the White House, I would ask a lot of questions before I voted for any more burdens on the thousands of struggling businesses across the nation….. I would ask whether specific legislation exacts a managerial price exceeding any overall benefit it might produce. What are the real economic and social gains of the legislation when compared with the costs and competitive handicaps it imposes on businesspeople?”

“…While running my struggling hotel, I never once missed a payroll. What happens to the people who counted on that, and to their families and community, when an owner goes under? Those questions worry me, and they ought to worry all of us who love this country as a land of promise and opportunity.”

I think this article was written around 1993. If Senator McGovern thought regulations and mandates were bad then, what would he think about them if he were alive today. Senator McGovern was a big Government leftist, but he realized at some point regulations and mandates destroy economic activity. [Or did he just want regulations to be at a level in which his business could survive? Would he have written this this article if regulations weren’t at a level that affected his business? His business just happened to be the submarginal business, what if it had been the supramarginal business?}.

CONCLUSION

“The economy” is what results when each individual is free to make decisions on what to produce, consume, save, or exchange according to what he values at any particular time. Outside of protecting  property rights, contracts, and torts: government interventions hamper the decision-making by individuals, by definition hurting the economy.

Government intervention substitutes the decisions of individual politicians and bureaucrats, for the decisions of free individuals in the market, creating a lower overall standard of living, and individuals who are less satisfied.

Politicians are always performing in the political theater, because they realize that the political process is the only way they can get in positions of power to enforce their superior wisdom on the masses. We have to realize this, and be able to weed out the propaganda from the facts if we are going to be able to turn the big Government ship around.

Michelle Wie, And The Media

June 24, 2014

 

 

I was watching the final round of the Women’s U.S. Open Sunday, and had to laugh as the NBC announcers tried to jump back on Michelle Wie’s bandwagon after they had previously jumped off the very bandwagon that they created in the first place. The announcers tried to absolve themselves of any responsibility for creating a false reality that Michell Wie had to dig herself out of.

MEDIA EXPECTATIONS FOR A 13 YEAR OLD

Michelle Wie was 13 years old when she played in the final group at a major. She had chances to win the U.S. Open when she was 15 and 16 years old. Of course the media is always hunting for the next big story and Michelle Wie was the perfect fit for their already written story. Her father said “Tiger is her benchmark, not women – Tiger”, and of course the media loved this. They couldn’t ignore a stupid comment by the father of a 13 year old girl, no they had to feed the monster of expectations they were creating. They had to write the story about her greatness before it actually happened. When the story didn’t unfold according to their expectations, they started to tear her down as if it was her fault. Then on the back nine when it looked like Michelle Wie was going to win, they started to try to jump on the real bandwagon, which would be her actually winning the U.S. Open.

MEDIA AS A PROPAGANDA MACHINE

This is why I hate  journalism in general and journalists in particular. They are a propaganda machine for their vision of how the world should be. Anyone of anything that doesn’t fit this vision or, in the case of Michell Wie, doesn’t fulfill the expectations of their already written story, gets chopped down and tossed on the scrape heap. Think of the media stories that would have been written if either Tiger Woods or Lebron James hadn’t turned out to be as good as or better than the expectations created by the media.

OBAMA MEETING AND EXCEEDING MEDIA EXPECTATIONS

President Obama is another example of a media creation. His only accomplishment is being elected president. Of course the media can help someone be elected president, but they can’t help someone shoot 18 under to win the Masters or have a career playoff average of 28 pts per game. The President hadn’t even been in office a year, and he was awarded the Nobel Peace Prize. This is like giving a kid a medal just for participating. When will journalists start to jump off the bandwagon that they created? Don’t hold your breath. In the case of the President, he doesn’t have to have any accomplishments, because there is no real standard to judge what is or is not a real accomplishment on the political playing field other than lying to get elected. Instead of being a check on political power, journalists have decided to award the President the gold medal by giving him perfect scores on belly flop dives.

CONCLUSION

Journalists, like all humans, are biased. They have constitutionally protected status, which hides this bias. They can build up anyone who fits the story that they have already written. They cannot tear down anyone who has measurable accomplishments. They won’t tear down someone with no accomplishments, as long as he fits their vision. If it looks like their reporting can’t keep their guy propped up, they will  jump in front of the parade of public opinion and act like they are leading it. This allows them to hedge their position in case the situation changes again. Wouldn’t it be easier to just write the truth no matter who it hurts or helps?

I’m happy for Michelle Wie for two reasons, 1) She has a real accomplishment, that journalists can’t take away. 2) Her win flipped the media the bird.

 

Failed Policies of the Last Twelve Years.

September 16, 2012
English: Components in the US Money supply bas...

English: Components in the US Money supply based on Federal Reserve historical data (Photo credit: Wikipedia)

When I hear the president say, “We can’t go back to the failed policies of the previous administration”, it leaves me scratching my head. What were these policies, and how different are they from the policies of the present administration? Lets look at the policies during the Bush administration. (more…)