Tax-Whoring, Politics and Climate Change Converge: New Taxes are Needed as Always.

There is no end to the tax whoring by the left in this country. Every conceivable argument to grunt and grab money from taxpayer and consumers has been proffered except for this one. A new race-based tax plea is up for consideration:

“Climate change is no longer just an environmental issue. It’s now an issue of race, according to global warming activists and policy makers.”[1]-- House Majority Whip James Clyburn, D-S.C 7/29/2008, today’s date.

There is no end to the ideological racism of the left. Like a cancer, it spreads throughout the world as frustrated minorities seek to get money using any phony excuse.

Of course, there is no evidence of man-induced global Climate Change or Global Warming as it was previously called since the embarrassing drop in world wide temperatures lately that make the Climate Whores look like fools. It seems their computer models got it wrong again.

The number of quacks, sooth-Sayers, goons and panderers who grub for money has at least doubled in the ranks of the morally bankrupt Party of Democrats since they got power and it seems there is no end.

Global Warming is crude pseudo-scientific quackery:

Here is a summary of my comments about the phony Global Warming by a former senior research scientist [me][2]:

The EcoNazis and Reality: Klaus Offers to Debate Al Gore.

http://rycksrationalizations.blogtownhall.com/2008/05/29/the_econazis_and_reality_klaus_offers_to_debate_al_gore.thtml

Al Gore Acts Like a Ghoul as He Explains Away Tragedy for Profit

http://rycksrationalizations.blogtownhall.com/2008/05/07/al_gore_acts_like_a_ghoul_as_he_explains_away_tragedy_for_profit.thtml

The Blow: All Atmospherics, No Climate. The Facts: None

http://rycksrationalizations.blogtownhall.com/2008/04/19/the_blow_all_atmospherics,_no_climate_the_facts_none.thtml

There Is No End To The Tax-Whoring By Climate Control Lunatics.

Posted by rycK on Friday, April 04, 200810:43:11 AM

http://rycksrationalizations.blogtownhall.com/2008/04/04/there_is_no_end_to_the_tax-whoring_by_climate_control_lunatics.thtml

Trolling for Stooges: The New York Times Endorses Carbon Baloney Auctions

Posted by rycK on Saturday, March 15, 200811:57:57 AM

http://rycksrationalizations.blogtownhall.com/2008/03/15/trolling_for_stooges_the_new_york_times_endorses_carbon_baloney_auctions.thtml

Can the Global Warming Zombies Admit they look like Fools Yet??

Posted by rycK on Thursday, February 28, 20084:49:57 PM

http://rycksrationalizations.blogtownhall.com/2008/02/28/can_the_global_warming_zombies_admit_they_look_like_fools_yet.thtml

An Open Letter about the Final Solution to Global Warming and How to Save California from Burning. Sunday, February 10, 200811:46 AM

http://rycksrationalizations.townhall.com/g/c779aad4-14b7-4ba9-a414-43e5c8cde7c8

The Biggest Phony Tax Gouge in the history of the Universe: The Clintons and the UN Needs Your Money. Thursday, January 31, 200812:21 PM

http://rycksrationalizations.townhall.com/g/a63bc831-efec-4cb7-ba1b-32198a650dab

21,000 Scientists Refute the Phony Global Warming Follies as The Biggest Attempt to Tax The World Has Even Seen.

Monday, January 28, 200810:46 AM

http://rycksrationalizations.townhall.com/g/c9173a36-97a1-4108-9e7d-cdaa38b28cbf

Fat Albert Waddles Off To Bark His Global Warming Follies As The Russians Buy Furs.

Thursday, January 03, 20083:01 PM

http://rycksrationalizations.townhall.com/g/30ecc2d0-4fbd-4f44-af13-b823625e0d9a

Quack Science, Global Warming and the Wild Flight from Reason: Is Al Gore our New Lysenko?

Friday, December 21, 200712:04 PM

http://rycksrationalizations.townhall.com/g/7063dcde-b734-46bb-afa7-e2dbc26930fa

The Third World Gets a Chance for a Massive Global Tax from the US.

Saturday, December 15, 200712:37 PM

http://rycksrationalizations.townhall.com/g/fc95a801-ec40-4bc1-b215-7459f65d25a4

Reason and Faith Assault the Phony EcoNazis and Their Lackeys.

Wednesday, December 12, 20071:52 PM

http://www.townhall.com/MyBlog/CreatePost.aspx?ContentGuid=fc4e09df-99c8-4916-a215-4ef6c25d4ffd

Comments On Global Warming and Failed Computer Models

Thursday, November 29, 20074:14 PM

http://rycksrationalizations.townhall.com/g/1f32bb5e-009d-46d8-9312-d0be84c8462e

More Clinton/Gore Tax Maggotry and the Proposed USCAP Dictatorship

Monday, November 19, 200712:38 PM

http://rycksrationalizations.townhall.com/g/b0f40ab9-6844-4afc-8fc9-7b858cdd4e7b

Global Warming: Science And Politics Work In Different Ways.

Friday, April 27, 20077:28 AM

http://rycksrationalizations.townhall.com/g/84e54e3f-85c0-4745-a35b-9ea2b1416f40

Phony (Political) Science from the Left

Tuesday, October 24, 200612:46 PM

http://rycksrationalizations.townhall.com/g/3fce1349-7fc0-4a14-a8e8-8bc48e55925d

There is not a single piece of evidence that CO₂, the main toxin and culprit in this fairy tale, correlates with changes in temperature. Indeed, the hottest years appear to have been from 1890 to 1040 way before the CO₂ levels were seen to rise.

Professor David Russell Legates is the Delaware State Climatologist, and an associate professor at the University of Delaware.[3] He has debunked these phony politicians masquerading as ‘scientists’ who need research money to exist. Integrety is lost in the scientific community and quack science abounds. The thread on Salon.com entitled The Politics of Quack Science II has detailed discussions on the subject.[4] The incoherent apoligies of the left are recorded here.

There is NO BASIS for this folly except the opportunity to tax the public and gain control of the government and the tax base. 

The global warming follies have been condemned by 21,000 scientists[5] [with my signature too] and we must all understand that this is just ugly, gutter-grade grunt and grab politics and has nothing to do with science.

rycK

Comments: ryckki@gmail.com

The Babbling Brooks of the NYT Babbles about Education.

As we read the NYT—aka the Walter Duranty Papers[1]-- we look for new and progressive ideas from various leftist perches. Problems must   only be solved by government as we know. The liberals have no history unless they tailor certain strains and provide some necessary redaction to the facts. Today we are treated to a reinvention [Al Gore syncretism] of the history of education, work and American success. As always, we will be on high alert for new taxes, a general condemnation of capitalism and constant reminders of imperialism.   In the proper propagandistic manner, we begin with a rhetorical question that is promptly answered using the appropriate tenets of liberalism and what they frantically barrowed from Karl Marx and J. J. Rousseau. Once the stage is set, the feathers, kazoos and drums assist the intermezzo. The conclusion will always end with a clarion call for new taxes.

The Babbling Brooks begins with a history lesson on education:

“Why did the United States become the leading economic power of the 20th century? The best short answer is that a ferocious belief that people have the power to transform their own lives gave Americans an unparalleled commitment to education, hard work and economic freedom.”[2]-- The Biggest Issue by David Brooks [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

Missing here is the salient information that we fought disgusting savages, the weather, bugs, the British and had a juicy war with the Indians, then the French and Indian alliance, then British and Indians, the British with help from the French and more. The notion that Americans were originally or singularly gifted with these anti-socialist attributes [commitment to education, hard work and economic freedom] is false. They had to shoot a whole bunch of savages and British in bright red uniforms and then hang a few Tories to get some relief from the feudal system.  Our ethics and success was derived spontaneously by casting off the shackles of Europe.  The Europeans are now even stupider than before and waxing dumber all the time.[3]  The facts are that given the freedom to make individual choices, capitalism will always be reinvented in new settings in a creative and positive way. The past leads to sloth, disease and mediocrity. The leftist know that and wail and moan and offer reasons why they should be able to squelch enterprise.

The History Lesson:

“Between 1870 and 1950, the average American’s level of education rose by 0.8 years per decade”

“As Claudia Goldin[4] and Lawrence Katz describe in their book, “The Race Between Education and Technology,” America’s educational progress was amazingly steady over those decades, and the U.S. opened up a gigantic global lead. Educational levels were rising across the industrialized world, but the U.S. had at least a 35-year advantage on most of Europe. In 1950, no European country enrolled 30 percent of its older teens in full-time secondary school. In the U.S., 70 percent of older teens were in school.”

This is irrelevant. This correlates with nothing. What does correlate is the destruction of society by Marxism. Nobody surpassed the propaganda training of the USSR for 74 years before it collapsed.

I suppose we can trust the minutiae here as they only set the stage for some far left and probably Feminazi-inspired [spelled FemiNazifor emphasis and not to be confused with the EcoNazis[5]a similar form of mental illness, churlish behavior and envy] screed from Claudia, her forte at Harvard where all new ideas flow like honey from the tall trees. We should now look for the new and progressive explanation of how our taxes must be hiked and government should more closely control education. It follows.

“But the happy era ended around 1970 when America’s educational progress slowed to a crawl. Between 1975 and 1990, educational attainments stagnated completely….”

It was not unhappy for the industrious and entrepreneurial. It is unproblematic to thrash the sorry leftists in the social arena, college, work, investments, business and most societal attributes. They are losers and demand that others lose with them to attain ‘equality.’ This bold analysis cited above omits a wide-ranging analysis of SAT scores, affirmative action blunders and tokenism, idiotic admissions policies at former educational places like Cornell who had their academic credentials stuffed in the latrines in the 80s and other major problems. The difficulty occurs when you try to educate people in a university setting when they lack the cognitive skills to understand or compete. Here basket weaving, rock and roll, gay rights, group sex, black studies and other cookie courses are needed to boost the GPAs of the mentally disnimble.  Grades of “A” are rubber-stamp guarantees for just signing up for such courses. That keeps the mentally disnimble from flunking out, although it didn’t save Al Gore from failing seminary. [6]The liberals are skilled at crafting such follies and ‘proving’ that everybody must be ‘equal’ when they are not.[7]  The liberals proved convincingly that you really could make a sow’s ear out of a silk purse.

Here is the long-awaited punch line and intellectual ‘discovery’ by the far left:

“Goldin and Katz describe a race between technology and education. The pace of technological change has been surprisingly steady. In periods when educational progress outpaces this change, inequality narrows. The market is flooded with skilled workers, so their wages rise modestly. In periods, like the current one, when educational progress lags behind technological change, inequality widens. The relatively few skilled workers command higher prices, while the many unskilled ones have little bargaining power.”

This gonjo-inspired nostrum is so hopeless that it is difficult to find a place to begin the deconstruction of this leftist fluff. I could, seriously, scrape a superior economic analysis off my shoes.

[1] These are no correlation between the technology and mass education. If that had been a requirement then, by definition, we could never have progressed from the hunter-gatherer state that many far leftist society embrace, such as Cambodia and North Korea.

[2] The industrial leaders paid for the discovery of new technologies such as smokeless powder, the steam engine, air flight, plastics, transistors, computers and electronic gadgets.

Now, another Expert is piled upon the stage:

“The meticulous research of Goldin and Katz is complemented by a report from James Heckman of the University of Chicago.”

In “Schools, Skills and Synapses,” Heckman probes the sources of that decline. It’s not falling school quality, he argues. Nor is it primarily a shortage of funding or rising college tuition costs. Instead, Heckman directs attention at family environments, which have deteriorated over the past 40 years.”

Here a social ‘scientist’ gropes for an excuse.

“Some children are bathed in an atmosphere that promotes human capital development and, increasingly, more are not. By 5, it is possible to predict, with depressing accuracy, who will complete high school and college and who won’t.”

“I.Q. matters, but Heckman points to equally important traits that start and then build from those early years: motivation levels, emotional stability, self-control and sociability.”

Bong!! The essay against IQ begins. Of course it is possible to predict who will be successful in education, life, marriage, wealth and more from simple IQ tests. This screed is just anther attempt to scrounge around for an excuse to promote the non-existent ‘equality’ that liberalism is grounded upon. There is no equality given the facts given in the Bell Curve[8].  People are not equal, but this fact undermines the leftist attempts to homogenize society. They would rather have brain surgeons and nuclear physics chosen by their socials skills or politics than by cognitive skills. Ignored are the leftist objections against the ‘nuclear family.’  Where is the abortion effect here?

This clumsy piece of propaganda is a hopeless attempt to rectify the notion that “…relatively few skilled workers command higher prices, while the many unskilled ones have little bargaining power.” This is so unfair, thus it becomes the cause celebreof the left. Why not lay around the student union lounge, smoke dope and then be prepared for a top-level salary on Wall Street.

There is no solution to the problem of incongruent mental skills among people so the disparity among people becomes the fulcrum of political action. There is no solution so there is no end to the whining and attempts of create ‘equality’ by political means. That is leftist mentality. This is an unassailable circular essay.

 So, we must look for the conclusion:

From the ‘research’ activities above The Babbler comes up with three salient points, as simple as a, b, c:

[a] “ [The] … skills slowdown is the biggest issue facing the country.

[b] “Boosting educational attainment at the bottom is more promising than trying to reorganize the global economy.”

[c] If you look at Barack Obama’s education proposals [“The G.O.P. is largely irrelevant.” Ed] — especially his emphasis on early childhood — you see that they flow naturally and persuasively from this research”

Political stoogery in print. We need more education!! What else?? Let us rely on the teacher’s unions to guild us back to prosperity by ignoring innate intelligence while supporting social skills and political appeasements.

Obama also wants to see fewer tests. [9] I wonder why? Do SAT tests sort out the students by IQ??

This mindless fluff whereby the intrinsic inequalities of society are somehow swept under the stoop by ‘progressive’ thinking is so naive and hackneyed that it is astonishing that Brooks would rescrub this latrine. This brings new meaning to the word tautological.

This set of sorry nostrums is the reason that socialist societies are in the economic doldrums. They cannot become efficient because they select the most awful possible drooling idiots to make the laws, provide governance and populate their universities. The most effective form of ‘education’ for the left is exemplified by the Madrasses[10] of the radical Islamic-Fascisti. Harvard gets a C^- compared to those schools, which are very effective.

This current NYT article a highly sophomoric screed that attempts to open the back door to Communism again.   All that is missing is “…each according to his needs” or some comical notion of shedding chains. It attempts to revive the glory of the Khmer Rouge as they did manage to attain some form of ‘equality’ as we must assume from the eternal praise of these monsters from the left. We must recall that Mao appointed some intellectual discard lacking a college education to be in charge of PekingUniversity. This is called education. Somebody got a dog passed through Harvard. Many wonder if a dog might be the HarvardUniversity president and improve education there.

IQ tests clearly show us who should be [and who should not be] making decisions in government and industry. We need menial tasks and menial pay for those who slog the ruts of intellectual mediocrity. Those are customarily liberals and their victims.

As a retired Senior Scientist with 6 patents, $50 million in product sales, 25 research papers [5 from YaleMedSchool] and a d0zen developed commercial chemical products, I find this very amusing.[11] I wonder how some person with an IQ of 85-110 could have attained what I have in my life. I actually turned down proffered Ph. D studies at Yale, SUNY and U Delaware. Any of those would have mandated a 5-year long waste of my talents and the burden of producing slave labor for some professor who successfully whored money from the government for his ‘research.’ I rejected these find ‘opportunities’  mostly because of my disgust and lack of respect for many of  the drooling leftist stooges that I had to associate with at UCLA, SUNY, Yale, University of Delaware and other places from the early 60s to the present. All you had to do to be a success at the average university was to take drugs, bawl about the war in Viet Nam and celebrate sodomy to be hired and praised. William Ayers is an example of that. So is Angela Davis.  Murderers and racists[12] are welcome in leftist institutions. Anybody can get a PhD in anything at Harvard now, particularly if you are a minority, a drug addict, a pervert or, best, an anti-capitalist. Those who met these sordid requisites now sit at Harvard and attempt to redact history while rejecting the natural and obvious cognitive skill distributions.  Let us celebrate stupidity and put the stupid in charge.

There is an eternal exploration for new ways to repackage communism (or worse) by the left and inequality is their essential precept. They do not strive for equality because they actually teach the opposite.  They teach and insist on underperformance from the masses to preserve their fragile perch in education. They are failures and private schooling and such can easily beat the left and t heir phony educational theories.

 So, Hike Taxes and Educate! Sure.

This is one of the sorriest pieces of propaganda and leftist sloganeering that I have read in the Times in a long time.

Defund Harvard—it is a zoo.  Put a dog in charge.

rycK

Comments: ryckki@gmail.com

New YorkState is Going Bankrupt. California and New Jersey will Follow Soon.

The left-liberal governor of New York State, following the carnival-atmosphere humiliation and resignation of Spitzer [Spitball #9 [1]] will make an announcement that New York’s Revenues are falling and cuts must follow. Spitzer had shouted warnings to banks before he was caught with his honey bun. [2] Now, his second, per perhaps a simple  familiar, [Patterson] follows in his sticky financial rut and bawls for money. [3]

Make the Cuts.

What he really wants is a federal bailout. NYC attempted this in the 70s by assuming they could barrow and barrow and barrow and the federal government would bail them out. The Fed did not. NY defaulted on some of its bonds.

Spitzer’s Ultimatum:

“With major bond insurers hobbled by an ill-advised foray into subprime mortgage territory, Mr. Buffett made a tough offer aimed at the biggest and healthiest chunk of their ailing business. The insurers either turned Mr. Buffett down or haven’t responded, which puts the onus on them to devise their own rescue plan. Mr. Spitzer on Thursday gave the insurers five more days to do just that. If they fail, they face a potential breakup by New YorkState’s insurance regulator.”[4] [5]

The reason they are so frantic?

“In the past week, hundreds of routine Wall Street auctions failed to attract enough buyers for debt securities issued by states, hospitals, cultural institutions, student loan authorities and port authorities, among them the Port Authority of New York and New Jersey.”[6] [7]

This is because the City and State of New York are run by simple parasites that will grunt and grab any money anywhere to pay for their phony social programs, fat salaries and generous benefits of the politicians and the coddling of criminals and illegal aliens. This is the principal identifying attribute of a wanton tax whore. CA and NJ are just like this. Warren Buffet will try to underwrite this folly and make millions by soaking the banks.

Patterson’s Ultimatum:

"The governor has said he's tired of the state going from deficit to deficit, spending like it has a credit card that never has to be paid, and that he's prepared to take action," the source said.[8]

Okay, let us hear the solution! Show us the action!

[He will just talk!]

“To make his concern even clearer, Paterson will hold a private meeting today with ColumbiaUniversity's Nobel prize-winning economist Joseph Stiglitz, the former head of the World Bank, who has called the current worldwide financial crisis the worst since the Great Depression.

"The governor has been impressed with Stiglitz's work, and there have been staff discussions leading to the meeting Monday," said an administration source.”[9]

They promised to be fiscally responsible in 1976, but returned to the public though to fund their phony social programs, ‘education’ and fat salaries. 

Why not try to cut spending? No, that is not an option.

These people are simple parasites who will never cut spending. They hope to find any way to increase taxes. They will promise anything.  Federal taxes are welcome too. Once they get more funding they will overspend on maintaining their power and go broke again and lay prostrate in the streets of New York and bawl.

The NYC and NYS crowd are the same people that brought down New Orleans, Philly, Detroit, Boston and Oakland. The same mentality of tax and spend has broken several cities and one county in California.

These people are criminally negligent and need to be voted out of office.

rycK

Comments: ryckki@gmail.com

The Economy is in Danger and Obama Wants to Hike Taxes and Squelch Oil Drilling.

In the political world, there are many opportunities to persuade the ‘voters’ to sway one way or the other using prods, mostly fears, but primarily promises to ‘fix’ problems caused the opposition.

 One of these items is the economy. Ambrose Evans- Pritchard recently wrote an alarming piece on just where the world economy is heading. The tax whores seem to ignore this warning and with good reason. They can only benefit by a financial meltdown.

From Ambrose Evans- Pritchard[1] we are alerted to many concerns in most parts of the globe:

“It feels like the summer of 1931. The world's two biggest financial institutions have had a heart attack. The global currency system is breaking down. The policy doctrines that got us into this mess are bankrupt. No world leader seems able to discern the problem, let alone forge a solution.”[2]-- Ambrose Evans- Pritchard. [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

True enough, but who should be alarmed?

Here are some of the financial follies of our time—all listed in the article:

[1] The Yoyo IMF[3] [read joke] upped its 2008 growth estimate 3.7% to 4.1% while simultaneously issuing the warning of a "chance of a global recession."

This is lunacy, but proper for those whose political extremes outperform their neuron sets.

[2] “Its [IMF-ed] "mean-reversion" model misses the entire point of this crisis, which is that central banks have pushed debt to fatal levels by holding interest too low for a generation, and now the chickens have come home to roost.”

The IMF YoYos are Keynesian leftists.[4]  Many are against consumption and growth, such as Kenneth Rogoff.[5]

So, here we have both good news and bad within the same purview of the ‘estimate’ based on some ‘computer models.’ Such models have predicted several sterling nonoccurrences for a generation such as the famous Limits to Growth book[6] whose sophistical computer models clearly predicted, with ringing praise from the ‘scientists’  that we would run out of oil, copper and lead by 1992 by and natural gas reservoirs by 1993. Apparently, they missed a few inputs as their GIGO[7] reward is all they have left. But, we cannot say that the publication of this worthless p9iece of political fluff was not without its praise and song from the left, a bunch always looking for a new way to lose. The liberals need dark follies like Silent Spring[8]to keep their fevers high and their morale low. These sideshow freaks were mentioned before in a previous essay:

“All this hysteria is enabled by mental freak show hucksters like Rachel Carson and screeds like her maudlin screed Silent Spring.[9]She was sick in body and mind and lashed out in fury at something that did no harm. DDT is not harmful to birds or anything else except mosquitoes.[10] This bit of pseudo science actually surpassed the political follies of Lysenkoism[11] [12], the wild magnetic healing machines of Mesmer[13] and reminds us of the wizard Merlin. [14] All this is phony and all attempts to ‘predict’ the future of natural resources, temperature and such have resulted in abject failure. The phony book: The Limits to Growth[15]used acomputer model that hilariously predicted we would run out of oil, copper and lead by 1992 and deplete our natural gas reservoirs by 1993. These fools actually produced a revision of their ‘model’ in the 90s which was ignored. “ rycK, -- The EcoNazis and Reality: Klaus Offers to Debate Al Gore.[16]

The EcoNazis [Al Gore and his Lysenkoism[17] [18] Stooges] have no proof or firm data for their narrow premise! They have nothing but sad stories, films about melting ice caps and froth. They have nothing but hate and sorrow to meld into political theatre.

 We all know, as do even the liberals, that high CO2 levels do not correlate with surface temperature. The hot years occur at other levels.[19] The facts are no barrier to any good political idea, particularly if the scams draw a high vote count.

 Continuing on with the message that the facts don’t count:

[3] The European Central Bank has raised rates, warning of a 1970s wage-price spiral.—Prichard

Somehow, the left ignores the economic reality of high fuel and energy costs to the US that produces 26% of the goods and services on this globe and consumes a proportionate amount of energy almost exactly the same 26%. Is this a wonder or is this simple greed.

Obama has said: “I’d like higher gas prices, just not so quickly”[20]-- posted at 3:20 pm on June 11, 2008 by Ed Morrissey on HotAir.

There is some virtue in high energy costs it seems.

“He stated yesterday that the reason for our anger is the rapid increase in prices, not the prices themselves. Obama claimed that Americans would have accepted a “gradual adjustment” to the current cost:[21]

Energy cost increases push inflation and lead to job losses and recession. We can wonder how wonderful that might be for liberals. For decades they thought our food prices were too low too. Maybe we ought to place a high tax on food! Mitch McConnell attacked Obama on this nonsense at the same HotAir link given in the footnotes.

Notice that the left stands firm in this view.

[4] On Bank failures: “IndyMac will deplete a tenth of the $53bn reserve of the Federal Deposit Insurance Corporation. The FDIC has some 90 "troubled" lenders on watch. IndyMac was not one of them.”

“The awful reality is that Washington has its back to the wall. Fed chief Ben Bernanke thought the US could always get out of trouble by monetary stimulus "à l'outrance", and letting the dollar slide. He has learned that the world is a more complicated place.”

Think about how nations got out of dept, depressions and financial collapses from 1900 to 2000. The US bailed out many of them with loans, many forgiven that were used to restructure their central banks and provide substance to their currencies. Who will bail us out?? China, Russia, Europe? Most countries that used inflation to wipe out their debts [and that certainly works for a while] suffered from credit problems and nasty political episodes.

[5] “My view is that a dollar crash will be averted as it becomes clearer that contagion has spread worldwide. But we are now at the point of maximum danger. Britain, Japan, and the Antipodes are stalling. Denmark is in recession. Germany contracted in the second quarter. May industrial output fell 6pc in Holland and 5.5pc in Sweden.”

Apparently, if all boats sink then there is no particular to bail any one boat. Real estate values are crashing world wide.[22] If everybody inflates then perhaps nobody will notice.

And just how do you do that? Raise interest rates?? Raise taxes?! What happens to new home mortgages when that happens? Higher monthly payments! What do high interest rates do to business, especially small businesses that create 80% of the new jobs each year?

Well, given the problems here and the assortment of phony solutions, lies and warped computer predictions, we can ask: Who is for prosperity? Can we blindly assume that everybody is willing to work shoulder-to-shoulder to fix world econ0omic problems and save the people from blistering in the oceans?

The Roman notion of qui bono may be raised here. Who benefits from a collapse of the economy? Certainly, this group is not among the capitalists and anti- Keynesians.  If we look at the mess just after the Great War with the Great Depression, wars, revolutions and worse, we can identify only one big winner: the far left. The Communists had their best decades from the 1920s to the 1940s.  Any person with an education level higher than that of the Delaware Governor Ruth Ann Minner (D-DE) [who achieved a G.E.D. after years of valiant struggle] can discover that a major reduction in oil supply,  concomitant higher gasoline prices, higher taxes and appeasing terrorism will only sink our economy.

The same reasoning goes for the war on terrorism. Here, our brave troops who give their lives to battle the insane Islamo-Fascisti are treated with contempt and no liberal politician will even mention that they want to win in Iraq. They do not. They want us to lose. They wanted us to lose in Korea and Viet Nam too.

The same leftists want our economy to sink so they can be hailed as the ecological saviors who saved the planet from the evil coal diggers and CO₂ gas mongers. They put impossible and absurd stories of disaster for polar bears or other fluff items as fact and baleful pleas for higher taxes and more economic restraints.

Our economy is probably going into the abyss and the leftists are the only group that stands to benefit from this disaster. Raising taxes will only make things worse.[23]

And Senator Obama, a racist, a racist enabler, tax whore and big spender, being a mere puppet of leftist tenets, will lead the charge downward. We can essentially prove his mal intentions by listening to the wild praise from the shrunken remains of the cowardly Europeans[24] who grovel in awe when street bums burn their cars.

Watch carefully what you are voting for. This ‘change’ proffered is probably the beginning of a depression or worse.

rycK

Comments: ryckki@gmail.com

Michael Savage has accused Barack H. Obama of being an Afro Leninist.[1]

So what? Is this in error??

But, Michael Savage has been attacked for this by whom? Well, the answer is Mediamatters.com, a political harassment group founded by Hillary Clinton, according her own admission.[2] They are not exactly objective in their attacks against the right and their silence on matters of the far left.

 Also, so what? Can they show he is not?

Apparently, the left is sensitive to cases where their candidates are strongly associated with Marxism-Leninism. They should be proud. They ought to be as all of these sordid flavors of Marxism are failures and mere excuses for the politically insane to grab control of other people’s wealth and commit mass murder. The idiot and insane Marxists murdered 100,000,000 people in the last century and their sordid philosophies and tenets provide the basis for Marxist Dictatorships in Africa, Cuba and North Korea.

Here is what the CPUSA prints out on their website:

The Communist Party has made key contributions to the working class struggle of the United States, building industrial unions, organizing for rights on the job and for a social safety net, opposing racism and bigotry and pointing the way toward full political, social and economic equality, upholding democratic rights against the threat of fascism and the far right-wing, and supporting international working class solidarity against imperialist globalization and for peace.

Doesn’t this sound like Obama??

He is for the unions, an organizer from the streets of Chicago, for socialized medicine and other massive social programs, for ‘economic equality,’ that translates into tax hikes designed to confiscate wealth and spread it around among his supporters. Where does his ideology differ from the communists?

Obama solicited support from a new communist party [Third Party] in Chicago.[3]

A List of his Supporters:

[1] Daniel Ortega has endorsed Obama.[4]

[2] Obama paid staffers display Che Guevara face on flags.[5] I thought Che was a Marxist?

[3] Fidel Castro endorses Clinton/Obama ticket[6]

[4] Barack is a good friend of William Ayers, bomber, radical activist and member of theWeatherman “"I don't regret setting bombs" and "I feel we didn't do enough"[7]

[5] North Korea endorses Obama.[8]

[6] Hamas endorses Obama.[9]

[7] Hezbollah endorses Obama.[10]

[8] Iran endorses Obama. [11]

 What is the problem with endorsing Obama as an Afro Leninist? Everything fits.

 Dr. Savage is correct. Obama is a dedicated communist and socialist. He has spending plans for at least a trillion dollars of new taxes and wants to include illegal aliens in his medical plan.

 rycK

Comments: ryckki@gmail.com

The Mystical Adoration of the Wall and Other Follies: Obama will Tear Down the  Walls.

After we filter out the fluff and foam from the Obama Speech in Berlin in July 24, 2008, we search, mostly in vain, for substance. The speech was lofty and treated history as a smorgasbord where selected morsels might be tasted and high praise and songs offered in honor of the cooks who prepared the feast. Mixed metaphors and stirring, but frequently hackneyed, political antecedents from the past speeches of former world leaders was mixed, glitterized and varnished like the items in a garage sale.

It is difficult to dredge out something of substance from Obama’s speech, other than this comment and its implications:

“The walls between old allies on either side of the Atlantic cannot stand. The walls between the countries with the most and those with the least cannot stand. The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand. These now are the walls we must tear down.”[1]—Barack Obama, Berlin 2008. [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

It is curious that he left off the Iron Curtain references from Churchill and Joseph Goebbels [2] although that wall was used to isolate and defeat the Soviet Union and other Marxist despots. It is more interesting that he omits reference to the Bamboo Curtain as this was a wall too. [3]

 Let us dissect this rhetoric and see what some of this might mean given the notion that there is substance buried somewhere therein.

[1] The walls between old allies on either side of the Atlantic cannot stand.

What walls are these? Perhaps he refers to the De Gaulle’s [4] hatred of the US and Great Britain or, as the USSR was considered an ‘ally’ by FDR and others leftists, he might have mentioned these. "le Grand Charles" was the wall builder who tried to isolate England, NATO and effectively trucated the European Community. The Soviets in their psychotic persuit of Eternal Communism set up walls all over Eastern Europe and tried to keep capitalism from destroying their society. It was Ronald Reagan who was the wall buster and he busted the USSR and reduced this mess to rubble.

[2] The walls between the countries with the most and those with the least cannot stand.

This one is fairly clear and we have heard the moans of the socialists for many decades. What he refers to here is the money wall. Third world cannot form decent societies, provide a sufficient amount of food for their citizens and, instead, track primitive tribalism and stand firm for religious extremism and racism. Africa has the ‘least’ of everything except genocide and poverty after having ignored vast resources that could have generated enough money to feed everyone on the continent. No, tribalism and the rise of some 200 or so Marxist dictators in Africa have kept Africa an economic and social wasteland for the last 7,000 years.[5] Colonialism only improved conditions in Africa, and the post-colonial era was one of tribalism, genocide and war. There is a wall here, but it was constructed several millennia ago and remains intact and immune to attack. The quest for foreign money, however, remains central to the political life of Africa as we note from the rants and pleas for US cash in the United Nations.

 From 1959 we read:

"Africa can derive no more and no less benefit from communism than from European imperialism," Sithole wrote in African Nationalism. "Her real welfare does not lie in preferring one or the other, but in rejecting both, since under one or the other she will continue to occupy a secondary position and suffer the indignities that go with such a position."--African Nationalism, Reverend Ndabaningi Sithole, 1959. [6]

Nobody in America helped Africa erect the Marxist Wall that has destroyed their society.

[3] The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand.

This nonsense is loaded with folly and political fluff. The Islamo-Fascists are the ones who define their ideological and religious enemies as ‘infidels’ and call for their murder. Americans and Jews are known as monkeys and pigs[7] and numerous jihads have been called for to wipe them off the map. This is not a wall that the US has erected. This is a rigid fanaticism that is unyielding. This is the Islamo-Fascist Wall. Obama panders to the fascists and seeks to preserve this religious wall—not tear it down.

The Wall associated with immigrants has to do with the guest workers in Germany[8] and the illegal aliens in the US who mooch off our society, cheat on taxes, steal documents, populate our prisons and jails way out of proportion to their numbers,  but offer to march now and vote later for the left. Obama has the votes of the criminals and low class and may reward many of them with pardons and reparations.[9]

This speech and the popular acclaim we saw in Berlin was due to free food [from animals], beer and the promise that the UnitedState’s wealth would be spread around. The wall that Obama is talking about eliminating is the current barrier to wholesale access by the left to the US tax base. His notion about fighting terrorism in Afghanistan is only a wet sop and he has no way to convince Europe to send more troops to kill Muslims. That is a sham. Europe is being ruined by Islam and everybody knows that. The cowards in Paris and Berlin are on their knees begging the Islamo terrorists not to burn away their cities.

Obama, or O’Bozo [the Clown] [10]as I call him, is a common tax whore[11] with a new tax and spending agenda that promises the ‘poor’ some more loot from the US capitalism system that has accumulated ¼ of the wealth of the world and China, who has practiced capitalism with rare precision, has another ¼.

O’Bozo is an instrument of change indeed; he wants to level off and redistribute the wealth of the world and mimic the crude society the communists failed to provide with a mere 100,000,000 murders. He is a wanton tax whore and an enabler of racism and anti-US activism. His friends are racists, racist enablers, leftist bigots, radicals, reverse-racism experts, low class ballot box stuffers, professional lawyers and illegal aliens. He is a puppet who dances to the rhymes and tenets of the far left in the Ivy League. He stutters and stammers when isolated from his props.  He is a fake.

The Wall he wants to tear down is the direct access to the wealth of Americans. That is the barrier that keeps the sorry leftists and perverts from plundering our society. In league with the phony EcoNazis [12]such as Al Gore, a Communist Stooge, he wants to tax, tax and tax some more and spread this wealth around for his supporters. The sorry, stupid Europeans, who sold their future down the latrine with socialism, have little else to look forward to than jihad and poverty.[13] When the cars burn in Paris the French hit the cobble stone streets on their knees and glubber and beg. This is the ultimate act of cowardice.

Prepare for the stock market to crash and inflation[14] to soar if this low-class street hustler with slick speech writers gets elected.  Obama has no problem with 8$ gas as the Europeans seem satisfied. [15]

This guy is a parasite.

rycK

Comments to: ryckki@gmail.com

Taxation on the Knife’s Edge: The Lower Half Will Always Vote for Higher Taxes.

In political theory there is a theoretical concept whereby your vote has some intrinsic value in any given election.[1] This value depends on the relative sizes and number of political parties in the fray. As such, if you vote in a system that allows only one party, your vote is meaningless. When the number of parties increases your vote may increase in value but only when parties approach an equal size. Frequently, splinter parties may jockey for favors and position and minor concessions and join in with one of two near-equal parties and become king makers.

The value of your vote is shown in the following table:

[2] On the Value[less] of Your Vote

http://rycksrationalizations.blogtownhall.com/2008/01/12/on_the_value[lessness]_of_your_vote.thtml

We certainly do not have two equally divided parties in this country as independents, arguably, may form the largest party although they are not a party in the usual definition. But, we do have an approximately 50% split in a different dimension, and one that directly influences votes and that is the tax base. It turns out that the top half in terms of earnings pays, now, 97% of the federal taxes.  Most of the non-taxpayers [read ‘poor’ or marginalized here] reside in the Party of Democrats, my party, and pay little tax. The independents seem to be split as most elections on the national level seem to be populated evenly, or so, by these non party members. The polls show that the preference for left versus right wing politics is almost exactly 50:50.  So, we are nearly equally divided between those who make their living by capitalism and those who live on government largess.

Now, the right wing has been the party of the corporations, business, growth, wealth and prosperity marked prominently by home ownership. The lower classes were traditionally renters and held menial jobs or were unemployed.  This split can drift to favor the low classes and that allows the tax mechanisms to run at top throttle toward confiscation of wealth. The low classes do not pay the high taxes so why should they complain about getting wealth for nothing but their votes?

So, how do the two groups, which must transcend actual political party membership in fact, vote on tax matters where one group gets a financial break from legislation? The answer comes from the analysis of who pays the tax burden. An arguing point, and somewhat valid, is that the corporations get the equivalent of ‘corporate welfare’ as they get government perks that benefit them in the tax sense. Of course, since the corporations and business pay nearly 100% of the federal and state tax revenues derived directly from the corporations, the taxes and fees they pay and similar proceeds from their employees, there really is no ‘welfare’ here.  There is only a tax level. No matter, as the specter of such a bias in government favors a general tendency to drive various groups, mostly determined by income, into one or other of the two parties. The opposite argument can be made by the upper half when welfare and other social programs arise in the voter options.

The current question then arises concerning who will vote and how they will vote for the mortgage bailout legislation.[3]

“A massive mortgage rescue bill advanced in Congress on Wednesday, powered by President Bush’s endorsement but leaving House Republicans and the administration badly split over the government’s response to the current housing crisis. -- Housing flip puts Bush in GOP doghouse By David Rogers 7/24/08.

The right wing point of view:

I am very disappointed,” Minority Leader John A. Boehner told Politico. The Ohio Republican said he did not learn until Tuesday night of Bush’s decision to drop his earlier veto threats and embrace the bill.”-- Housing flip puts Bush in GOP doghouse By David Rogers 7/24/08. [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

This should not come as a surprise, except, possibly, for the Bush endorsement. Many think this legislation is just a new socialist program.[4] What it calls for is the rescue of persons who could not, for assorted reasons, pay their monthly mortgage payments and will, or have, lose their homes or investments.  Their rescue is a cause célèbre for the left. Here is a grand opportunity to trade tax money for votes.

Basic economics tells us that in an economy driven by supply and demand functions prices will rise and fall according to the current economic environment. Housing prices fell because there were fewer buyers and more sellers and an excess supply of houses.  The difficulty here is that when a market falls, the investor or buyer is usually forced to take the loss. There were no howls of protest when housing and real estate values increased steadily since 1900 with few exceptions. But, when the low class was promised The American Dream and it has now vanished, for some, the political alarms sounded with foam and froth and a ‘solution’ to the losses generated a political hurricane. That solution is to subsidize failure with more taxes.

““Owning a home lies at the heart of the American dream.””[5]—President George Bush 2002

“Oops. While homeownership rose as the housing bubble inflated, temporarily giving Mr. Bush something to boast about, it plunged — especially for African-Americans — when the bubble popped.” [6]--Paul Krugman.

The essay here is that everybody must be entitled to participate in the American Dream. But the question arises: who will pay for this? Certainly, the population of the US is very closely divided and near the 50% level for each half and that correlates with the tax levels.  Can the upper half pay for the lower half to have a standard of living like they do? We can ask the following questions if Bush signs this legislation:

What is next? What other loses can we subsidize? Can we ensure failure with hefty tax subsidies?

A thought: Do people want some money back when their cars depreciate? Why not?

When people invest in equities there is yearly tax profit and loss reconciliation option so that investors only pay taxes on net profits. But, but what could we say about pension funds that suffer a financial loss during a stock market correction? Should the pension funds be guaranteed so that retirees get their money?  Maybe the government Social Security system, a terminal cancer upon our society and a slush fund for the legislators, that has been broke for decades, but is propped up by taxation be expanded. Why not include illegal aliens? They work and vote, or should as some liberals think.  Do we need more programs like that? SS is a political program to trade money for votes. It is a financial failure, but is a political success.

When GM and Ford go bankrupt, as they certainly will given the pressures against the automobile by the EcoNazis [7] and unions, should we subsidize the lost wages of the auto workers? Cars made in Michigan are not currently price competitive with those produced in Japan, India or in other production facilities (non union of course) in the US. Why not subsidize labor and pay the automakers, say, fifteen dollars per hour for each hour worked so that GM and Ford can lower prices to compete with other car makers? That is what Europe does with steel, cars and other items. We could expand our union work force with mere subsidies and achieve political kudos from many sectors.  The US government only takes about 26% of the GDP now and France and Sweden take about twice that. Does that mean that there is the means to double taxes in the US? Yes, for a socialist that is possible and very desirable.

If an employee takes drugs, tears up the office and puts a few fellow employees into the hospital and loses his or her job should this person’s wages be guaranteed? Why not just subsidize salaries once a person is hired? If they are fired then they would continue to draw their salaries.  Whose fault is it when some druggie goes berserk? Whose fault is it if some company goes broke? The government can guarantee salaries just like Fannie Mae does for mortgages. The government can guarantee business success as well. Why not?  Why not make work optional? There is no reason not to make welfare payments equal to the median income in the US to ‘be fair.’ That is brilliant socialism. That notion will get votes from the lower half.

In education, when a minority group fails to complete high school, to the level of 50% or more as some do now, they are penalized because their education was not ‘successful.’ They cannot get high-paying jobs. Is it their fault if they failed? Perhaps the system is at fault, biased and in need of change. Is it fair that others can get through high school and get good jobs and buy homes and make their mortgage payments until their homes are paid off? Not necessarily. Is it fair if about half the people fall in the lower half of any average?  They should be compensated if you believe in the current leftist dogma. If you flunk out of high school or college then society has failed you and thus owes you a living. 

We are at the brink at this time. The American Dream cannot be funded from only the upper half of earners in this country for very long as their numbers will soon decrease with increasing taxes and infernal government rules and regulations. Once the mathematical ratio of the haves-to have-nots drops to 0.48 or so the low class majority will have the winning votes in all cases. That is the end of the American Dream as we know it. With the psychotic spending, enormous debt, pending tax-funded bailouts of mortgages, high fuel costs[8] and wild expansion of the money supply there is nothing but inflation on the horizon.  The phony notion of EcoNazi carbon taxes will sink our economy for no good reason. [9] Global temperatures do not follow CO₂ levels and that is a fact.[10] That means that business failures and layoffs and high inflation. Stagflation is looming on the horizon. The only solutions to relieve a given occurrence of national inflation are either some foreign subsidy program as we did for the Germans, twice, or to raise interest rates and that kills off business.  Just printing money will not work.

Adam Smith was asked if democracy would be successful and he replies that it could work until people found a way to vote money for themselves. We are at that point.

“As much as $300 billion in new loan guarantees would be authorized, with a mandate for the Federal Housing Administration to step forward to define a floor for the housing market and help homeowners refinance and avoid foreclosure. Cities and states are promised nearly $4 billion in direct cash to buy up the foreclosed homes already affecting neighborhoods. And a $15 billion package of tax breaks includes provisions targeted to first-time homebuyers and working-class taxpayers who now can’t claim any deduction on their property taxes.”

There is no end to this. Add on 200 bln on socialized medicine, the high price of oil, the need for more social programs, the burden of illegal aliens and the costs of the War on Terrorism, our debt for 2009 will soar from the current 450 bln to a trillion dollars or more.

The direction of our economy is clear and it is clearly downward. Oblivion is the next economic event for us. The current political basis for wealth redistribution is now only in the income tax realm now, but could easily be expanded to include a general wealth tax. There is no reason not to calculate an imputed wealth tax on home owner real estate taxes and the value of IRAs and other equity holdings and place a tax on those. Why not? Why not put a 100% tax on inheritances?  If you get praise and votes for such an action, as in Europe, who are going broke because of their stupidity[11] and collapse of their society after several major world wars, then why not vote for that?

The only way to escape this current trap is to put your earnings and assets and wealth basis in a position as to avoid or minimize taxes. Equities must be selected carefully so that they do not generate high taxes. High salaries need to be replaced with perks, probably similar to what the Europeans do in their hyper tax environment. Holding gold bullion is an excellent way to beat inflation.

There is no current way to avoid high inflation, unemployment and a stock market crash punctuated with bank failures. The only hope to correct this mess is to raise interest rates and curtail this psychotic spending and quit subsidizing failure with tax hikes. Our economy is now balanced on a knife’s edge and could fall soon. More taxes can push it over into recession and depression.

We don’t want to fail like Europe. They are idiots.

rycK

Comments to: ryckki@gmail.com

The Redistribution of Wealth by Subsidizing Urban Mortgage Debt. Raise Taxes!

Karl Marx’s maxims[1] are assembled in the general notion that there was always an eternal battle between those with property and wealth and the ‘poor’ and this defined his class struggle politics and has prompted the search for ways to spread around the wealth among the nations. There can be no dispute that there are rich and poor and always have been at odds; only the remedy is in question. The efforts of the Leninists, Marxists and other variants of the far left, as mirrored by the Terror of the French Revolution, were not successful as most of ‘revolutions’ were spontaneously ignited in peasant environments while being summarily crushed in the indicated industrialized countries. This initial outcome argued against the basic Marxian precept that the proletariat can conquer capitalism and run industries while returning the excess [profits] to the workers and other peoples. That concept has not been demonstrated as yet. While Russia seemed to respond to the surge, modulated by World War I, Germany and Italy and later Spain halted the wild rush forward to grab property and industrial production and give them ‘to the people.’ Dedicated revolutionaries like Rosa Luxemburg^[2],[3]  and her political allies attempted to grab as much as they could before they were murdered.^[4] Counter revolutionaries from the socialist wings of Italy, Germany and Spain [erroneously labeled as right wing] wrestled control from the Bolsheviks in the streets and restricted Marxism to the peasant world. There, the corpse of revolutionary Marxism lies today.

But, since the ‘problem’ of equal outcomes has not been materialized by any mechanism, we are faced with the ongoing search for solutions. Progressive taxation and confiscation of most private property[5] and inheritances remain about the only ways to level the wealth in most industrialized countries to date. Marxism morphed into ‘socialism’ at the behest of many like Bernard Shaw, but even the peaceful Fabians could not ‘talk’ the wealthy into voluntarily sharing their profits and loot with the masses.

The theories of anti-capitalism are snarled by history, disputes over the extent of private property that would be allowed, the role of collectivization of agriculture and later redactions.[6] The net result was the Russian Revolution and the rise of the ‘right’ to counterbalance the errors of the left. Today, this theatre is played upon the stage of modern communication with pleas for assistance for the poor and such.

The results of Marxian revolutions, however, are clearly recorded by history with unparalleled murder, corruption and failure. We can clearly inspect the results of the last 200-300 Marxist dictatorships in Africa and note that they have resorted to tribalism in nearly all cases in order to grab wealth while ignoring even the most remote precepts of socialism. This mentality, mirrored in New Orleans, Baltimore and Detroit, is the current expectation when unbridled left-liberalism is allowed to infect any society. The murder rate soars as the tolerance of drug addiction increases by the left. Let us all feel good—no matter the cost. The low-class phenomenon is currently exemplified by Jesse Jackson[7] and Kamau Kambon [“…exterminate white people off the face of the planet [8] Racism is the most important aspect of leftist politics.

The history of the far left is ugly and defenseless, but the notion that they had the ‘correct view’ of how wealth should be distributed has remained firm in their thoughts. The desired outcome in many cities and countries is not that the outcome of the confiscation of wealth should result in a viable economic society—rather the physical act of confiscating property and political power by any means is justified by the desirable outcome. The leftists still hold that view.  They feel good about wrecking economies. It is proper in the warped logic of the far left that if the capitalists crash along with the rest of society that is okay  as long as their money and wealth are destroyed. Revolution and confiscation of property didn’t work yet, but we can still keep trying until we get to the solution. We can see all this in the outcomes of the Great Society, War on Poverty, revolutions in Cuba, etc: failure.

From the Manifesto:

“The distinguishing feature of communism is not the abolition of property

generally, but the abolition of bourgeois property. But modern bourgeois

private property is the final and most complete expression of the system of

producing and appropriating products that is based on class antagonisms, on

the exploitation of the many by the few.”[9]

The difficulties with the unsophisticated and political property divisions among the peoples resemble the problem of Ockham’s razor[10] where we know that the masses cannot generate sufficient goods and services to form a decent society so there must be controls on how the profits are used. They don’t have the skills. This is not a simple issue and given the pyramid system [e.g. Bell Curve[11]] of the distribution of cognitive skills and talents in the world, the ‘average’ person, and certainly those on the bottom of the intelligence ladder, cannot accomplish the tasks. They will fail. If we rely on the notions of egalitarianism where leftist leaders have professed ‘concern’ for the masses then we need to ask the left to explain the Khmer Rouge, The Great Leap Forward, numerous African Marxist Dictatorships, Islamo-Fascism and others. There is no regard for the very poor in any of these cases.  The left will not apologize for the 100,000,000 dead in the last century due to Marxism. They seem to have no history. The poor starved in those times or were crushed by military machines, as they do today, under these systems as they do today in North Korea and the Sudan today. Tribalism remains the strongest societal force in Africa and the Middle East today and given the opportunity, most of the tribal types would massacre their fraternal enemies because they know that their counterparts would do the same if the power fell to them. The cognitively mediocre cannot perform even the basic tasks of society beyond the hunter-gatherer level. They can grunt and grab but not set up a vibrant business. History shows this clearly.

So, the quest for wealth grinds forward by the left as they cannot form a decent society by themselves. Every time they make an attempt, they fail or create some showcase state with major defects [Sweden, in the dirty gun business for 200 years while telling the world they were ‘neutral’ or the case of Switzerland, in the dirty money business, where they shelter the loot of dictators and despots.] and the phony Soviet Showcase of Cuba.

Of the many schemes to spread around the wealth, one of the most recent is the strange notion of private home ownership by the lower classes of our society. Somewhere, the criterion of home ownership, the fulcrum of the American Dream, have been diluted or ignored so that ‘everybody’ is entitled to have a house. This must be some new ‘right.’ This notion is so foolish as to be refuted by the simple observation that many people cannot even get past high school, mandatory since 1960. A full 15% of our society are felons, drug addicts, in jail, on welfare or suffer from a myriad of mental disorders, but, we learn, these people deserve to own their own homes. Now, ignoring credit ratings and earnings potential, refuted and made obsolete by political organizations like Greenling Institute[12] here, the usual criteria for property owners in terms of loans was trashed for political reasons.

The Bell Curve findings clearly refute the notion that everybody is ‘equal’ or even deserve ‘equal outcomes’ and this fraud was forced upon banks and lending institutions to the point where anybody could get a loan, particularly if they were minorities. Bad credit ratings, drug addiction, jail histories and worse were hidden from banks and such and the inevitable occurred: many people could not afford their own homes or could not even approximate the average citizen who could afford one. We saw drug addicts, felons, welfare recipients, illegal aliens and others given homes with very low interest mortgages and they defaulted. We are surprised?

But, where is the American Dream and who should pay for it? The answer is that those who defaulted on their loans for any reason must be rescued by the taxpayers. Thus we have the expected:

You deserve a home and the ‘rich’ will pay for one for you. It is your ‘right.’ Vote for us.

Today, the New York Times—aka the Walter Duranty Papers[13]--cobbles up a solution to the problem of redistribution of wealth veiled in sorrow, repressed hate and more in this article:

“Mortgage rates are rising because of the troubles at the loan finance giants Fannie Mae and Freddie Mac, threatening to deal another blow to the faltering housing market.” [14]Woes Afflicting Mortgage Giants Raise Loan Rates By Vikas Bajaj Published: July 23, 2008

Really? Who would have thought?

“Loan rates are rising because of concern in the financial markets about the future of Fannie Mae and Freddie Mac, which own or guarantee nearly half of the nation’s $12 trillion mortgage market. The federal government has proposed a rescue, and has urged Congress to approve it quickly.”

This FM and FM organizations were a stupid idea from the New Deal FDR Era and was used as a dumping ground for bad loans. Banks could dump questionable mortgages on the government because they were allowed to and this sorry situation was created by the government in the first place. This is the expected political solution and looks like Social Security: They are going broke.

No matter, the leftist concern is how to make the taxpayer pay for this mess and allow the low class to keep their homes at all cost. That makes political sense so damn the economics.

“For borrowers with a $400,000 loan, such a jump could send their monthly payments to $2,338 from $1,417, estimates Louis S. Barnes, a mortgage broker at Boulder West Financial in Boulder, Colo.”

This is astonishing. We learn, from the Times, that interest rate changes might affect mortgage payments! Economics has been advanced by this. We are so proud.

Look at this:

“While mortgage rates approached these levels earlier this year and in 2007 during times of stress in the financial markets, the latest move adds urgency to the government’s efforts to restore confidence in Fannie Mae and Freddie Mac. Lawmakers are expected to vote this week on a measure that would give the Treasury Department authority to lend more money to the companies and buy shares in them if they falter.”

So, the US Treasury might have to buy up shares in a mismanaged quasi-government corporation and stick the taxpayers with the bill. That subsidizes failure, as the left always advises.

The main idea here is that the victims of the left need more taxes and, since only the top half pay any taxes at all, we can just tax them and give the proceeds to the ‘poor’ for their votes and all will be well. Fannie Mae is just another leftist tax-whoring cluster that was headed by incompetents or just incompetents and money-hungry bureaucrats like Franklin D. Raines.[15]

Having the Treasury pick up devalued shares in these phony agencies points to a potential debt liability of some 5 trillion dollars. We know who pays taxes and who does not. It should be clear that if people default on their loans and are drug addicts, incompetents, or for any reason  that they can do it again!

Such is the ongoing grunting and grabbing of wealth by the left.

Our economy is very close to collapse and the left-liberals are waiting like vultures to tax what is left and institute more phony social programs like Fannie Mae and Social Security, Socialized Medicine and worse.

And, somehow these parasites stay in power. Vote accordingly.

rycK

Comments to: ryckki@gmail.com

The Babbling Brooks of the NYT Babbles about Debt and Blame but Offers No Solution.

As we read the NYT—aka the Walter Duranty Papers[1]-- we look for new ideas from various   leftist perches. Problems must be solved by government as we know. Always replete with noisy praise and grand salutations for some misguided person’s replastered precept of socialism that must be summarily incorporated into our society with great haste and song, we must follow the clarion calls, hear the trumpets ring and scrounge for suitable social solutions for problems.   Taxes are the way. Such solutions are supplied daily by the New York Times. There is always some pressing grave threat to society than can be handily solved with a good stiff tax increase. We are recurrently offered detailed analyses of:  how we were steered into this swamp by capitalism, how the tax increase opportunity that will hoist us from the communal latrines, and, how we learn, anew, about the basics and root causes of our societal problems. Liberalism always provides a solution.  Capitalism and private property are always the culprits. Such is the mission and mantra of the Times and, today, our BabblingBrooks[2] examines the mechanism of credit abuse and offers us an explanation.

Frequently, the lessons learned from a narrow analysis of the actions and antics of a few persons can be extrapolated beyond the usual horizons of reason and geography and supply us with sober coaching for necessary change. Thus, the Old Gray Lady[3] offers us the best path forward. The instant case in point here is demonstrated with some video about the sad case of Diane McLeod [4] about the [mis]use of money. She solved her problems with credit cards starting in 1996. The ensuing (and unexpected?)debt she created, the mental stress and mandatory shopping was used as  a palliative. She could not pay off her cards after a time, but she felt better.  So, she rolled her debts into her home equity. From market value of her home was rising from $135,000 to $ 228, ooo she had equity to burn.  Shopping was the solution to her problems and she solved them neatly. Her home was later foreclosed with all the pomp and circumstance of a sheriff’s sale. Nobody bought her place; she now has an eviction notice. She cried.

Now, who can we blame here as blame must be placed?

According to Brooks:

“On the front page of Sunday’s Times, Gretchen Morgenson described Diane McLeod’s spiral into indebtedness, and now a debate has erupted over who is to blame.”[5]-- The Culture of Debt by David Brooks July 22, 2008. [Emphasis is mine in all quotes.]

What else?  No liberals can be blamed here. We are offered these possible choices of the reasons from the hackneyed list:

[1] Predatory lenders, the evil scrooges of capitalism.

[2] McLeod’s lack of responsibility and handling of her financial matters.

[3] A third position [and novel] begins with the notion that people are driven by the desire to earn the respect of their fellows.

The first two items seem to fall into some categories that might be influenced by reason, education and self control. But, in the third novel proposition ‘respect’ is a great leap backward in social science. One might assume that earning your own living and building a nice life f or yourself and family with property and vacations might gain some respect. Not necessarily so.

As to the predatory lender argument we read:

“In short, these predatory companies swooped down on a vulnerable woman, took what they could and left her careening toward bankruptcy.”

There outta be a law!

On the second point we read:

“Free societies depend on individual choice and responsibility, those in this camp argue. People have to be held accountable for their indulgences or there is no justice. As McLeod herself admirably told Morgenson: “I regret not dealing with my emotions instead of just shopping.”

Now, that sounds like sound advice. The salient question here, not addressed by the maudlin ones, the red-wine-and-uppers druggie crowds and social preceptors is this: what happens to society if there is no responsibility for choices and actions? Not discussed here, the point is mute as the need to whine and blame transcends reason and gets votes. Regrets cannot reverse poor decisions.  There must be a recompense to lack of respect, and that must involve government regulations and/or taxes.

Now, new ground is broken!

“If you go to the online comment section affixed to Morgenson’s article, you see advocates of these two positions talking past one another, one side talking the morality of social protection and the other the morality of personal responsibility.”

Gee, they just won’t listen! How sad. They need to be reeducated. The extrapolation is now revealed by Brooks!!

“According to this view, what happened to McLeod, and the nation’s financial system, is part of a larger social story. America once had a culture of thrift. But over the past decades, that unspoken code has been silently eroded.”

Woe is us!

“And now the reckoning has come. The turn in the market punishes many of those seduced by financial temptations. (Sometimes capitalism undermines the Puritan virtues, but sometimes it reinforces them.)”

So, what do we do?? How about we fix prices as FDR did and solve this problem? Let us repeals the laws of supply and demand and that will fix it!

“But the important shifts will be private, as people and communities learn and adopt different social standards. After the Depression, a savings mentality set in. After the dot-com bubble, a bit of sobriety hit Silicon Valley. Now it’s the borrowers’ and lenders’ turn. As the saying goes: People don’t change when they see the light. They change when they feel the heat.”

Frogs do not if the temperature changes slowly we are advised. Nothing in Silicon Valley was ever related to sobriety. They earned their profits and shut out the suckers.

Were we suddenly dropped on the sidewalk here? What do we do? Do we subsidize the debts of the irresponsible for their votes or not?  What about Greenling[6]? Wasn’t that a different social standard? Can’t we just forgive the debts of those who deserve some property? This is even more important if they vote for Democrats for their unearned gifts.  Should we hike taxes on lenders or given them ‘sensitivity’ courses so they can identify and not loan money to mental misfits or dead beats? Shall we put limits on credit cards? Should the government inspect shopping profiles and home expenses and issue summons to courts or force the financially reckless to take courses in home economy? We can buy back some respect for her with a good tax hike. It is amazing what remarkable things happen with hefty tax hikes.

Do we need the IRS to expand into the Credit Inspection and Certification Service?

Missing here is the oblivious: A command economy like the USSR and improvements upon the theme as we saw from the Cambodians is the obvious answer. Nobody there died in debt. We can control credit and debt!  Did we ever hear of a Russian peasant in bankruptcy?[7] The best goods and services in the New Russia were limited to the 4% party membership. Nobody who celebrated the social splendor of the Khmer Rouge in Cambodia [8] ever went bankrupt or ate too much or bought frivolous goodies to appease their unhappiness. Apparently they had respect. They did get high praise from Noam Chomsky. They had little need for heart bypasses as well. No North Korean peasant ever died from the embarrassment of bankruptcy. There system is superior to ours in that respect.

This article just howls for this: The Brooks New Paradigm.

But, where is it? What do we do-- just ‘learn’ slowly and let things just happen as do goat droppings ripen in the sun?

The basis of liberalism is to showcase the losers and then create new way to force an ‘equal outcome’[9].  

From a previous essay:

“The very existence of citizens who have average wealth, above some arbitrary level, as defined by the left, of course, is necessary and sufficient proof of crimes against humanity such as economic violence, racism, starvation and worse.”-- Posted by rycK on Thursday, March 15, 2007.

There is nothing as unfair as noticing that the upper half of some average population has more wealth than those in the bottom half.  Mathematics is obviously capitalist and evil. This outrage begs for Fabianism [10] or Communism to ensure equal outcomes. Losers must be subsidized so that they can be ‘equal’ to those who live their lives according to their own standards and avoid bankruptcy, jail, sloth, sodomy, drug addiction and STDs. Taxation will cure this inequality! They need respect.  Let us raise taxes until there is respect for all.

The USSR broadcasted the ecstasy of highest saving rates in the world, about 15%, in the 60s to the 70s and into the 80s. They were proud of their citizen’s thrift. The fact that there was nothing to buy (unless you were in the Communist Party) had little to do with savings it seems. The later salient fact that the 1989-1990 inflation wiped out 99% of their savings when the Ruble collapsed [a quickie 1500% inflation must be some form of respect] is not an issue open for discussion in leftist matters. Blame Reagan for that. They carefully ‘educated’ their people for 74 years under the Soviet System and everything was wonderful. The West was a dung heap, the epitome of failure and pinnacle of poverty and the USSR abounded in social splendor. The KGB assured equality and tranquility in the land and there was peace.

What we need is a Credit Equality Respect and Normalization Act of Congress that would subsidize people who seem to drift away in their excessive or imprudent spending by socializing their debt. That is the New Paradigm! We can always hike taxes and fix little problems like bankruptcy especially if the victims are poor or Democrats or illegal aliens and vote accordingly.

We can now legislate respect and also support respect with the higher taxes.

rycK

Comments: ryckki@gmail.com

Frank [the Crank] of the NYT Has Nothing to Say, So He Moans and Says Nothing.

We are always anxious to study and digest the facts as presented (and frequently misrepresented) by Frank [the Crank] Rich[1]. Frank Rich is well known for his uncanny ability to crank out sophomoric dogmatic leftist brats with sausage-machine precision even when they apply to nothing in particular. He is an artist. Without exception, as always, we are compelled to read to about how the right wingers have bungled the job of government in the last few decades. He can also identify a pratfall when it happens. [2] But, that was a specific and targeted attack on Clintoonery. We all know that Hillary is finished and the NYT celebrates their switch to Obama.  That is a victory for the right if nothing else important happens this decade.  She mumbled about the war.  No war but always abortions.

As we examine the instant egalitarian minutiae that generate the latest political proclamations from the New York Times—aka the Walter Duranty Papers[3], this being today, we get to dissect an interesting polemical essay on leftist economics of sort: McCain must be associated with a stupid economy.  Of course, politics is never assumed to be based on simple truths (or any form of truth for that matter), but that does not prevent a flurry of newly hatched rationales for hike taxes be left dormant or unexplored or go uncelebrated. We expect little other than tax whoring propaganda and leftist narcotic dreams in essays of the NYT, but the exercise is frequently amusing to watch. Today, the ultimate doom of the economy is presented by another pedestrian article in the Times. What else is new? Raise Taxes again??

So, let us have some fun:

The Whines from the Times continue like road kill as if morphing into a more luscious shade of brown in the warmth of the day.   The pejorative title even rings the bells of political history and elevates images of Clintoonery:

“THE best thing to happen to John McCain was for the three network anchors to leave him in the dust this week while they chase Barack Obama on his global Lollapalooza tour. Were voters forced to actually focus on Mr. McCain’s response to our spiraling economic crisis at home, the prospect of his ascension to the Oval Office could set off a panic that would make the Indy Mac Bank bust in Pasadena look as merry as the Rose Bowl.”-- It’s the Economic Stupidity, Stupid By Frank Rich[4]    [Emphasis] is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

‘Twas Hillary what was done left in dah dust my man. This is a propaganda tactic: correlate the present political issue or person with some successful political slogan of the past and force a nonexistent association in the minds of the disnimble. It actually works.  Bush lied—people died.

How about an example from the rabid left to compare with the McCain nostrum here? Now, for a comparison in contrasts we might consider the frolics of the sorry racist Chuckles Schumer[5] who violated his sense of duty [and probably some federal laws] by publishing a negative government report on the big bank Indy Mac so he and Frank could threaten and panic the public with an actual bank run and hope for more political power from the ensuing chaos. Frank shares that quirky smegmatic smile with Schumer on this effort. They probably have a lot in common.

One wonders where the NYT’s criticism on the economy was buried while objectively contrasting the Schumer Case[6]with current events.   Did McCain sink a bank in recent memory? We can suppose that stupidity and economics must work in some harnessed context so as to exclude deplorable acts as obvious shouting fire in a crowed theatre.  As long as you reside on the far left, you can celebrate our enemies, publish sensitive materials for political reasons, give away the tactics of nuclear submarines and pander to the ballot box stuffers. No criticisms will surface from the left to ruin the essence of your salmon pate and steamed broccoli. We can demand some form of narrow precision and conduct for Republicans while ignoring such public degenerates as Patrick Kennedy[7] and his worthless, murdering, drug-besotted alcoholic relatives. This fool nearly crashed into police car while in an alcoholic and drug-induced stupor and got a courtesy ride home for his fine work. How many votes did he miss while in detox? No matter, he is a leftist icon and way beyond any hint of reproof. So, let us blame the sour economy on McCain.

We can mumble on for a while and search for his salient point, if there is one:

“Mr. McCain still doesn’t understand that we can’t send troops to Afghanistan unless they’re shifted from Iraq. But simple math, to put it charitably, has never been his forte. When it comes to the central front of American anxiety — the economy — his learning curve has flat-lined.”

A Rule!

There is no law that says that there is any need to conserve the number of troops overseas unless it was picked, freshly and aromatically, from the fresh pigeon droppings of 5^th Avenue in the city. As FDR suggested, just keep the draft going if you run low on troops. A loss of 400,000 dead and as many wounded and maimed was no political barrier to war for Democrats in those days. The draft just kept humming along. Of course, they were aiding their bedfellows in Moscow, but that is another story.  We need a citation here on this rule.  This sounds suspiciously like the zero sum theory [8] that keeps the liberals in tight thongs, LSD and weed.

Nothing new yet………we can keep searching:

“Mr. McCain’s fiscal ineptitude has received so little scrutiny in some press quarters that his chief economic adviser, the former Senator Phil Gramm of Texas, got a free pass until the moment he self-immolated on video by whining about “a nation of whiners.” The McCain-Gramm bond, dating back 15 years, is more scandalous than Mr. Obama’s connection with his pastor, the Rev. Jeremiah Wright.”

This is a wild scrounging episode for the Times. Where will it end except in a impassioned plea for higher taxes?

Somehow, we shifted from the economy to John McCain’s lack of knowledge of economics. Are they related? Does McCain make fiscal policy?  He does advocate tax hikes, so we can infer from the negative evidence that John is a loony. Can we, now, with the license of the New York Times, blame McCain for the debt and high oil prices? Why not? That makes perfect sense to a liberal. Can we wonder how the money gets budgeted and spent by passing appropriations bills in our federal republic and then ask: who has the majority in both houses?? Oh! Democrats! Schumer and his friends? Who voted on those appropriations bills? Nancy Pelosi and Chuck Schumer and Harry Reid? Really? Teddy Kennedy seems to have sobered up long enough to vote on some too.

How do we pay for the Economic Stimulus?? Any Democrat willing to talk about that? The Dems now want another one before we know if the first one worked yet?? Spend Spend Spend.

Getting right along:

So, now we conveniently time-capsule the ugly racist Jeremiah Wright and sweep his disgusting racism and filth out of political sight? Love makes time pass and time makes nasty leftist political happenings pass.  Can we merely affix this theorem to similar phony religious racists like Jesse Jackson or Otis Moss or Calypso Louis Farrakhan[9], all heroes of the left, and put some 15 year statute of limitations on issues? Time heals the Time’s ailments? Maybe we can now forget that old Joseph P. Kennedy announced that democracy was finished as he admired Adolph Hitler in the late 30s?

O’Bozo[10] and Michelle’s close ‘involvements’ with Jeremiah Wright and his hate-based trash-talking congregation of Chicago’s Trinity United Church actually exceeds 20 years.  Can we perform a political stretch here for a quickie fix? Let us temporarily assume 15 = 20. That works. Perhaps Frank has slipped a digit or two here in his political calculations or has difficulties in manipulating simple numbers. Could we wonder how long B. Hussein had admired William Ayers[11], who used bombs to attack our government with toasting and noisy praise from the left now and then? Didn’t that go back 40 years or so? One can wonder if 40 are greater than 15 in leftist arithmetic. It depends.

Not surprisingly, Frank has nothing to say of importance in the rest of his little screed. Did anybody detect any whining here? Is the Old Gray Lady a kennel of whiners?

Does Pelosi whine? Liberals are never guilty of economic stupidity like Social Security, HUD, The War on Poverty, The Great Society, Welfare, Bosnia, Somalia, high gas taxes, etc.

The Times can produce better stuff than this. But, we shouldn’t be too cross with Frank as his neurons are apparently sagging from the strain of age and the exhausting tautological escapades of the left.  Get the Old Red Lady [12]back for a comparison and some more fun.  No Economic Stupidities here!

rycK

Comments to: ryckki@gmail.com

Stupid, More Stupid and the Idiot Europeans Investigated and Explained.

The history of the world shows us many forms of societal transformations and most are not very pretty when the process and outcomes are examined.[1] There are always reasons to explore as to why the Roman Empire failed, citing, also, the Spanish and Portuguese empires, the Mongols, and others, but the details of any analysis reveal that mistakes were made in most cases. Whether these assorted mistakes were decisive or fatal and to what degree is open to debate. The avoidance of mistakes is an essay into itself and is convoluted with nostrums of predictions, visionary efforts, long-range planning and such. The general difficulty with societies is based in their intrinsic political mechanism [politics] whereby decisions are made by groups. Poor choices are the norm for most governments. There is never agreement, in full, on various courses of action in societies and so many obtuse vectors are selected and pursued with vigor and élan that could not be politically prevented.  One segment of history involves the analysis of military or religious invasions of various societies and the radical or military transformation thereof.  The fate of the conquered society is always of interest and mostly disastrous and this is happening as we read this in Europe. Those who conquered are now being conquered. Strangely, the Europeans are losing a religious war after many centuries after establishing their version of the ultimate religious domain. They are also paying for their own destruction with welfare-type programs that encourage their enemies to settle in their midst, take advantage of their laws, get money from the state, set up hate groups and schools, foster terrorist groups and undermine the societal substructure. Europe was saved from the Mongols by the Black Plague. There wasn’t much loot there anyway so the Mongols looked toward Baghdad. The Europeans may not be so lucky this time.  Europe probably cannot be saved.

The Romans transformed most of the known world in their time and so did the Mongols using similar tactics a few centuries later. Both societies were after loot and power and enforced detailed laws on their victims and ran sectors of their conquered subjects as provinces. Clovis I (466 – 511) was the first King of the Franks and consolidated central Europe approximately as it would be later known.[2] Clovis ended the Roman influence by terminating their power. Europe was later decimated by the Black Plague, numerous wars, errant and unsuccessful Crusades but, it could be argued by many, improved in certain societal metrics until the general demise of European society that started in 1914 with World War 1. At the pinnacle of European society, marked by the 1900 Paris Exposition[3], they had opened to the doors to wonders of the future and nothing could be imagined that might limit their progress and ability to build a lasting society except their own politics and poor decisions. The general decline of Europe, as seen by the trench warfare and millions of dead [51,000,000 was the toll in WW1]  was followed shortly by a depression,  then a repeat of the Great War [31,000,000 dead this time] , the collapse of several governments, the extinction of most banking systems, kingdoms, political parties and more. There was mass starvation, pogroms, the Terror returned in Russia and other parts of Europe all made possible by politics. It is not possible to accuse the Europeans of good sense or diplomacy during this era from 1870 to 1989 as they could not sensibly curtail any of their devastating wars and cold war belligerencies.  Certainly, their most talented leaders died in the continual wars or, later, in concentration camps. There are strange structures known as ossuaries that are simple charnel houses holding the moldy bones of unknown losers of massive wars to remind the current inhabitants of their sordid history and culture. It a truism to state that peace in Europe occurs spontaneously after major wars and lasts for a short time.

Rescued several times by the United States, with money and soldiers as appropriate, whose citizens assumed the various roles of  wet nurses, mop brigade captains and official lice dusting regulators, the remaining demoralized Europeans formed some kind of communal economic cluster and traded all they had for ‘peace and security.’ Socialism gripped the continent and England and its satellites as Bernard Shaw had hoped for with his Fabianism.[4] Besides being a generation of cowards, since their brave soldiers and best leaders were killed in numerous wars or exterminated by the Bolsheviks, the current examples of European leadership are a curious product of 300 years of inbreeding, sloth, leftist political indoctrination and nonsense as embodied in the clownish caricature of the Prince of Wales. The have-nots have discovered many new ways to circumvent the tax prohibitions[5] of the Magna Charta.[6] Socialism has succeeded in putting bread on the tables of the masses with little or no casualties from wars while leaving the United States and Australia to fight the necessary wars as the Europeans hid in the shadows. The Western Europeans who were cowered and demoralized by the shadow of Communism and the nuclear threats of the USSR, retreated into their little cocoons and pretended to live their safe little lives with continual meddling and prodding by the Swedes, of Nobel War Prize Fame and who had manufactured and sold guns and arms to any European belligerent who could pay for the stuff. Later on, after the 1989 collapse of the USSR, the Greens got control of many governments and decided that ecology and Marxism were more important than society. Next, the Islamo-Fascisti moved in to mooch, preach hate and proclaim the impending general burden of Sharia law [7]to all who would listen. To get the attention of Parisians, for instance, they routinely bombed the city restaurants, synagogues and other structures in 1995 and on [8] and forced the French to grovel and moan, appear to simulate head-banging droolers, and formed the sickly appearance which they certainly display today. As this is written, the French and their less sophisticated socialist associates in adjoining territories are struggling with their self-assessed  failure to properly ‘assimilate’ the barbarian Arabs, selected former members of French Colonies from North Africa and Persians into their society. The Moslem population now ranges from 1 to 10% or more in much of Western Europe and the fraction is much higher in Eastern Europe and Russia.[9] Their presence now commands more political power than their population ratios would suggest. This is all made possible by the numerous splinter parties that have plagued the Europeans since 1789 and many will sell out their country for a few Muslim votes. The rise of militant Islam is now at hand and the Europeans are not addressing this issue as the US also failed to do since the Carter Era.[10] The psychotic Islamo-Fascisti are not to be compared with Mexican illegal aliens in the US as their goals are very different. Torching automobiles and hospitals are the customary modern political procedures in Europe and they are very effective. The French and Germans cower, mumble and appease all burnings and threats. They are now well below the accepted standards of the average coward. A broad yellow stripe painted boldly down their backs in not enough to signal danger to strangers even if they were phosphorescent and glowed in the dark.

Germany[11], France[12] and other garden spots in Europe have struggled with their economies and unemployment and high taxation for centuries without resolution other than to employ assignations, revolution and war. The general population was gradually reduced to impotency by high taxes and socialism so that power groups could not arise to contest or threaten existing governments. The church disintegrated except in Poland and the Church of England is but a useless relic of history. The demoralized population was some what satisfied with the high taxes along with some social benefits and the precious absence of conflict. Sloth and drug addiction are now preferred elements of European lifestyles.

The Europeans cannot address a reasonable threat. The Islamic Fascists and terrorists were able to easily transform the political architecture of Spain with a single bombing episode in a train station along with the threat of many more to come. The March 2004 bombing of trains in Madrid, a mere three days before Spain's general elections, that killed 191 people and wounded1,755, drastically altered the instant political infrastructure of Span yielding a convincing political and inexpensive  victory to al-Qaeda.[13] The Spanish live in rabid fear of more bombings so they caved in to demands to not support the US in the War on Terrorism. That was more than enough for the Spineless Spanish. They now grovel and cower before such threats of a repeat performance. Even the threat of bombing the same site in Paris since 1980 is an effective political maneuver for the terrorists.[14] The Italians and French have performed similar acts of cowardice much to the praise of the radical left and their fascist allies from Islam. Various parts of Europe suffer from terrorism and fear of Turks, Albanians and other ethnic Muslims.[15] Much of this is a result of guest workers gaining political power starting as from as far back in history the 1950s. The cowardly Europeans are assisting the hangman in the extermination of their society, citizens and culture.

Apart from their low stance of perpetual subservience and Kowtowing to the slightest demands of Islamo-Fascisti, the Europeans are preoccupied with sloth, sodomy and drug addiction. They want a 20 hour work week. In the Netherlands, simple and clinically unconfirmed complaints of frequent headaches will qualify the complainer for a lifetime on welfare that pays only slightly below the pay of ordinary workers. The public park in Amsterdam has a large space next to the Red Light District where drugs are consumed and celebrated and the police do not interfere. Drugs are for sale everywhere and there are pink escort signs on the tops of nearly every phone booth and taxi cab. Not to be outdone in participating in the intakes of degeneracy, the Swiss had an experiment called NeedlePark.  Let us recall that the Swiss are in the dirty money business. Druggies were attracted like moths to a flame from all over Europe to shoot dope, overdose and die. These experiments failed, of course, and they closed the park but the dopers moved to the train station. Now the Swiss government maintains private shooting galleries where dopers from all across Europe can snort and mainline drugs using sterile equipment and avoid the press and criticism. That is a typical contemporary political and social solution now praised by the Europeans. That is the kind of twisted social logic that has infected Europe and this mass mental affliction may be applied to housing, jobs, testing, education and many other facets of the degenerating society in Europe.[16] In the US, of course, we have San Francisco, the most degenerate place on the planet and California will soon sink into moral oblivion and the state will go broke. [17] The aberrant California political and social philosophy is detailed in this satirical link:[18] Europe is a swamp of drugs and misery but the Muslims will have none of it. They don’t even drink wine.

Europe has lost its moral compass and has surrendered to the Islamo Fascists. Peace at any cost and the proud wearing of an Islamic brass ring in the noses of the citizens is indicated. The Muslims will take power by force and intimidation and the result, unexpected for the errant and miserable Europeans, will be the beheading of perverts, drug addicts and religions types, if any remain, because they offend Sharia Law. French wine will be poured into the public latrines as they did in Teheran in the 70s. The call to worship will shut down Paris and London several times a day. This process will come as a shock in San Francisco where they would be the first city to fall under the power of a new version of the Taliban. Indeed, many Californians blame religious moderates and conservatives in the US by aid of the concept of cryptomisoxeny.[19] Here, for example, the use of overt racism employed by liberals is used to ferret out, expose and condemn racists according to this precept. Many infidels would need to be destroyed to satisfy Sharia Law and cleanse the new Islamic society of the undesirables in California.

That is the level to where the spineless Europeans have degenerated and they whimper and moan as their new masters build strength and political power. The US is not far from this sorry state in San Francisco, parts of Oregon, Boston and some dung heaps like Philadelphia, but these places are still morally and financially and socially isolated from the suburbs and country dwellers. They cannot penetrate the ‘burbs with their blather as yet. The taxes are still way too low and it is too easy to beat the city folk at standardized tests, work ethics, industry, mental exercises, educational hurdles, investments, planning, marriage, family matters and life in general. Europe now looks like Philadelphia sans the murder rates.

It is most interesting that the elements of the Celtic Peoples evolved from a barbarian mystic sect far and away from its roots in crude tribalism to the feudal system and then democratic government and was ultimately strongly dominated by somewhat homogeneous religious and political forces. It is more interesting, now, that they are now being conquered and demoralized by a highly organized religious system of fanaticism governed by the strict rules of tribalism and religious bigotry unparallel in the world. All this suggests the need to begin some revolutions and vigilante activities, but the socialist rules of conduct do not permit such and their armies are outdated, too small be effective and impotent. This impending disaster in Europe is not a bad option for the US, if we survive our leftists, as the demise of Europe would lessen demand for critical raw materials such as oil and copper and ease our economic burdens. Europe is probably lost except for what remains in history, poetry and literature and the loss is not important to us anymore. The foolhardy Europeans sit idly by and listen to the mullahs dispense hatred from the mosques and madrasses and allow the revolutionary system to build. They are guilty of suborning all the needs of their enemies.

That is stupid.

rycK

Comments: ryckki@gmail.com

   Krugman Predicts Doom for the Economy and the Election of Obama

We are anxious to study and digest the facts presented by Paul Krugman as we examine the egalitarian minutiae from the latest political proclamations from the New York Time. Today we get an essay on bubble economics. Of course, politics is not based on truth and a gaggle of slobbering economists cannot even get a 50% record of predictions of market directions, so we have to sift out the politics from the economic realities when we read the krugmaniacal one. We expect little other than propaganda and leftist narcotic dreams from essays of the NYT—aka the Walter Duranty Papers[1]. Today, the ultimate doom of the economy is presented using bubble logic and other phantasms that haunt the left in the form of lost tax revenues.[2]

“Home prices are in free fall. Unemployment is rising. Consumer confidence is plumbing depths not seen since 1980. When will it all end?

The answer is, probably not until 2010 or later. Barack Obama, take notice.”--L-ish Economic Prospects By Paul Krugman July 18, 2008. [3][Emphasis is mine in all quotes. This link references all quotes in this essay unless otherwise noted. ]

Here, a prediction is proffered by our non-economist from the NYT: 2 years from now.

Home prices are not in free fall—they are adjusting to market conditions brought on by over production of housing and limited credit. Any time some market driven item goes down it is the fault of capitalism or Bushism and when it goes up then it may be the result of good government, prudent planning or some other leftist theme unless it generates profits. We can blame the far leftist Greenlining[4] [5] project, a ‘program’ that allowed dead beats, drug addicts, parasites and hucksters to get cheap loans at the expense of banks. Their personal defects are shielded from the credit rating agencies so loaners cannot tell who not to loan money to. Many of these people should not have ever been home owners, but should have stayed in detox, the streets or the mental hospitals where they had some food and a warm place to take a dump. The phony loans given to the undeserving types caused much of this mess as we see in Baltimore in the Skid Row areas. They are better off there ignoring the obvious street drug deals and creating jobs for social workers in Baltimore, Oakland and Philly. But, such phony programs generate votes for liberal Democrats.

Thank you for this. We will remember this and remind your readers of your predictions.

 The rest of the article cooks up the usual Mulligan stew of missed liberal opportunities such as this fluff:

“Should we expect [housing] prices to fall all the way back? Well, in the late 1980s, Los Angeles experienced a large localized housing bubble: real home prices rose about 50 percent before the bubble popped. Home prices then proceeded to fall by a quarter, which combined with ongoing inflation brought real housing prices right back to their prebubble[6] level.”

Apparently, there is some bubbly correction mechanism in play that haunts the fevered minds of the far left, exemplified here in this rant that may be different from the usual confluence of supply and demand curves that they teach in elementary economics. I wonder if Krugman ever took an economics course? That would not be mandatory as the training and credentials required to be anointed as a distinguished fellow or university professor are not stringent. Any jerk who denounces capitalism is fit to teach at Harvard. So, they can loudly and confidently proclaim nuances in advanced economics from their high perches while constantly correcting Adam Smith and Say where appropriate. The late 80s decline in real estate in California and Texas were actually isolated and not indicative of a general trend. Krugman frequently cherry-picks the rotten fruits from the economic basket so as to generalize and create new problems and offer proof for his unique new Laws of Economics.

And as an historical summary:

“Ending those old-fashioned recessions was easy because all the Fed had to do was relent. Ending modern slumps is much more difficult because the economy needs to find something to replace the burst bubble.”

This is about the phoniest essay on economics I have ever read. Markets self-correct and any changes in the normal swings in market levels are grand opportunities for leftists to drool on t heir shoes and proclaim the need for new economic measures, translated, as always, as higher taxes and more government.  We can suppose that the 1987 stock market crash was a bubble or perhaps the times when oil was only about 12$ per barrel and Exxon was losing money. When gold fell from 998$ to 265$ from 1979 to 2000 that must have been a golden bubble. Why is gold now $950? Did the bubble unburst? When the cost of long distance telephone fees fell monotonically for several decades then that must have been a phone bubble.

How many troubles do we have with bubbles?

Easy, like the job they had to do for the Jimmy Carter Malaise? High interest rates and lower spending are the usual remedies. That causes unemployment. It is interesting that O’Bozo has offered to increase spending and taxes on nearly every facet of our economy except the military. That requires very high new taxes. We can wonder if Krugman can show us how the economy can expand, create new jobs, save the auto industry, keep inflation remain be low and have housing prices restored to prebubble levels with an Obama economy?

“If you ask me, there isn’t much suspense in this year’s election: barring some extraordinary mistakes, Mr. Obama will win. Assuming he wins, the real question is what he’ll make of his victory.”

What did leftists ever do but howl and attempt to increase taxes and spending? I wonder if this is one of the NYT types that predicted that Hillary would be the next President. The NYT did first endorse Hillary. O’Bozo is a racist, a racist enabler and a far leftist. He offends many with this bigotry, anti-Americanism and tax whoring. He may not win unless ACORN and other criminal groups can stuff enough ballots in the inner cities. It is a long time to November Dorothy.

The Krugman solutions to all problems: high taxes and big government may not be possible even if O’Bozo wins the contest. With the need to increase interest rates [the price of money for the Rio Linda and Baltimore types] the economy cannot expand with new jobs. The Obozo theme of taxing everybody with an income above 250,000$ [not enough money there, sorry…] would also knock out investment in new jobs and businesses, the only major source of new jobs in the economy except for the phony government jobs.

The other missing items here include the missing criticism of people like Chuckles Schumer[7], a racist, traitor and social parasite who leaked sensitive government oversight documents on a big bank [Indy Mac] and caused a run. I guess it is okay for Democrats to sink banks. Did Indy Mac forget to bribe Chuckles? One more jewel, but a salient leftist point, is the notion from Maxine Waters, a psychotic racist, who wanted to nationalize [socialize in her words] the oil companies.[8] France has already done that, and reversed some decisions, and so did Britain off and on. These people are economy wreckers, but are icons of the left as are Jesse Jackson, Al Gore the ‘scientist’[9] and others. It seems socialism has worked well for Europe and Maxine might be the new Commissar who selects the businesses to be grabbed by big government. The USSR was a howling success just like the Great Leap Backward.

Where is the critical economic analysis of California? That state[10] is going to go bankrupt al0ng with New Jersey[11] and Michigan. Maybe Krugman thinks the Calif0rnicans can continue to barrow and spend hoping for a federal bailout since their phony constitution does not allow barrowing past a certain limit and they will go down 15 billion or more soon. Maybe Nancy Pelosi[12] and Dianne Feinstein can get O’Bozo to give some money to California out of the general tax revenues so they can spend more money on sloth, sodomy, slavery, Asian massage parlors and sex with children and pets.

As usual, no reasonable criticism of our path forward is available from the hand-wringing droolers at the Walter Duranty Papers. There is no comment on the supply and demand functions that govern the oil prices as these impacts on leftist politics. Many drooling leftists cannot believe that drilling and producing more oil will lower prices. The economy needs cheap oil and we have plenty, but the EcoNazis [13]try to block any new attempt to increase the energy supply as they have now done with T. Boon Pickens’s wind machine idea[14] in West Texas.

But, we have to praise Paul Krugman for this bubbles comedy and sharing his erratic mumblings with us disguised as the result of competent economic analysis. This is always fun.

 Grunt and Grab

The liberals will say and do anything to get more political power and grab more wealth. Anything at all.

rycK

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Pelosi and Her Leftist Parasites Desperately Want Higher Gas Prices. They Will Sink the Economy for Political Gain.

Nancy Pelosi[1], the one with the corpselike gaze and reptilian repellency in her [its?] demeanor and actions has, again, refused to allow the US oil supply to increase. Allied with other traitors such as Harry Reid, Teddy Kennedy[2], Chuck Schumer[3] and Joe Biden, the chance to crash the economy and reap the political plunder of economic chaos is too tempting to pass.

Just like they willingly supported Islamo-Fascism and helped our terrorist enemies kill American soldiers while condemning everything they tried to in Iraq, the rabid left will sink the economy and foment a financial crisis in a frantic effort to gain power. Chuckles Schumer, a racist, published a letter that sunk Indy Mac and caused their bank to be seized by the Feds. Schumer doesn’t think he did anything wrong here. Now, thanx to Schumer’s mouth, folks are losing money in their accounts in that bank.

They can complain about treatment of terrorists in Guantanamo, Cuba but not even mention the beheading and disgusting treatment of US soldiers who fight terrorists. It is clear what they are doing in the political arena: they will trade US lives and treasure for political advantage if they can. They will willingly support our enemies. Their unswerving allegiance to Communists such as Fidel Castro and Joe Stalin are legendary examples of political devotion. Hugo Chavez is now one of their icons.

We would normally call this treason, but, with the current White House occupants, asleep at the switch and attempting to be civil, we cannot do so yet. Bush made a terrible mistake by not hammering these sleaze bags at every pothole they  in the road. To think that we do not have criminals, drunks, parasites, perverts, druggies and worse in our Congress is unimaginable.  Just take a look at the Kennedy Klan and Senator Byrd. Look at the stalling and waffling of Harry Reid.

The voters are angry and the oil companies and Bush and Chaney are castigated as oil patch friends and cheating the people with their Exxon buddies. This is nonsense. These leftist ideologues have deliberately squelched oil supplies and celebrate high gas prices and inflation and unemployment increases.   Capitalism driven by supply and demand laws fix the price of gas and the leftist Democrats have done all they could to limit supply thus boosting the price of gas.

 The game here is anti-capitalism. The fury and foam from fighting, and losing, to Ronald Reagan over his destruction of the far left around the world is still encrusted on the shoes and undergarments of the liberal left.  He was their worst nightmare when he trashed the USSR and they drool at the fangs to get even.

So, we have to listen to traitors and watch their dedicated attempts to stifle our economy so they can blame Bush and then convert our society to socialism. Unfortunately, California and New Jersey have not defaulted as yet[4] because those outcomes might convince the voters that their far-left socialist schemes are utter failures.

They are gambling with their political futures and our economy on this kind of psychotic brinksmanship. Obama is but a sophomoric political construct that flip-flops on any issue he can while trying to keep the leftists flush with blood and meat.  He looks like silly putty on a wobbly stick. He is also an ideological racist and racist enabler and holds dear the nostrums of his crazed racist pastor Jeremiah Wright and his phony church.

 We must continue to point out to the voters that these traitors want to wreck our society, get rid of our SUVs and suburban life and tax us with frivolous carbon taxes[5] and other follies.  They hate us and our capitalism and our private schools and suburban society. They celebrate degeneracy, sloth, sodomy and perversions and would joyously wreck our economy.

Spread the word about these parasites. Hold your nose and support McCain.  All they ever had was the chance to get most or all of your money and wealth and here they come.

rycK

Comments: ryckki@gmail.com

Joe Biden Embarrasses Delaware and the Nation Again with his Fury and Nonsense.

Senator Joe Biden, an elected official who gets his money from Hollywood and cannot control his temper has now asserted, from plucking things from the air, that President Bush has focused on the War on Terrorism and ignored the    rise of China, India and everything else.

Known as a blowhard, liar, plagiarist, whiner and left-liberal this person has again disgraced himself and his state and his constituents.[1] He just voted against the new FISA bill, a monster he created in order to shield underground leftists in the US, and has launched off on a new rage. He has done this many times.[2]

““At the heart of this failure is an obsession with the ‘war on terrorism’ that ignores larger forces shaping the world and the lives of Americans in this new century: The emergence of China, India, Russia and a united Europe; The spread of lethal weapons and dangerous diseases; Uncertain supplies of energy, food and water;... A rapidly warming planet; The challenge to freedom from radical fundamentalism.””[3]

This type of meaningless howling is typical. Here is a previous rant from Blow Hard Joe:

“I refuse to sit back like we did in 2000 and 2004. This administration is the worst administration in American foreign policy in modern history — maybe ever. The idea that they are competent to continue to conduct our foreign policy, to make us more secure and make Israel secure, is preposterous. ... Every single thing they’ve touched has been a near-disaster.” [Emphasis is mine in all quotes.]

Full of rancor and hate, Joe needs something to control his rage. [4]

He is really out of control and embarrasses the constituents of his own state. [5]This guy is not a person who can handle diplomacy or his own fevered outbursts.[6] Joe Biden cannot even tell his constituents whether stealing social security numbers and not paying taxes are crimes. He needs the votes of criminals so very much.[7] But his earlier work as a rabid hawk in Bosnia needs some clarification. He was attempting to ‘stop genocide’ by taking sides against the Serbs is illustrative of his ‘foreign policy’ and diplomacy.[8] His plagiarism must be recalled as well.[9] He cheated his way through Law School at Syracuse.

Joe Biden supports illegal immigration, the Islamo-Fascists who he view as allies and had nothing but praise for Clinton when he allowed North Korea to build unclear weapons. Joe cannot support drilling for oil in the US, but has not problem with Cuba and China drilling off shore near Florida.

Blow Hard Joe envisions a socialist state like Europe is now degenerating into and would vote to hike taxes on anything and every thing imaginable. Joe Biden would love to see 8$ per gallon gasoline and slobbers on his shoes at the very mention of public transportation like the phony, dirty and ugly train station in Wilmington, the site of his ‘presidential bid’ a decade ago. He disgraced himself in Iowa this year with a grand total zero delegates.

Biden worked hard to wreck Kosovo and here is an analysis of his hawkish work favoring Islamo-Fascists:

“The truth of the matter is that Kosovo has a dismal record regarding basic security, the rule of law and respect for property and human rights for non-Albanians. Democracy should not be universal and not ethnic, nor based on religion. Should the threat of violence be rewarded by a quick move to independence or is Kosovo just a propaganda tool for the Muslim world as Senator Biden seems to suggest?[10]

Joe did this with Tony Blair and the consent of Clinton.

Here is more of his rage:

“An exasperated Biden skewered Bush over that in a conference call with reporters, calling the comments “pure politics,” “blatant,” “beneath the presidency,” “truly disgraceful,” “outrageous,” “disturbing,” “ridiculous hypocrisy” and “long-distance Swiftboating.” He even said Bush “oughta get a life.” [11] [Emphasis is mine in all quotes.]

““For this president to go on the attack against Barack Obama,” Biden said. “It cannot go unanswered.” [Possible veep audition?]”[12]

I am the chairman of Delaware Democrats Against Biden group [13] and have sent him several letters [14]asking the simple question:

Do illegal aliens commit crimes when they enter the border illegally, steal social Security numbers, fail to file state and federal tax returns and such?

He has yet to respond to my letters. In my role of exposing the real Joe Biden, I hope I played even some small part in assisting with his humiliating defeat in the Iowa Caucuses where he campaigned long and hard and got Zero % in Iowa and was forced to quit in disgrace.[15] Failure is a hallmark of the far left and Joe achieved his high watermark in that Iowa effort. I think he wants to be Secretary of State in the Obama Administration. We certainly need a short-fused, prevaricating, political agitator to execute liberal diplomacy in the world. That fits the left-liberal image.

This guy is a disgrace.

rycK

Comments: ryckki@gmail.com

The NYT Wants to Check the Votes!?? Since When??

Here is the latest blow from the Walter Duranty Papers[1]. 

“Electronic voting is notoriously vulnerable to technical glitches and vote theft. By now, most states have passed good laws requiring paper records of every vote cast — an important safeguard. But that is not enough. States also need strong audit laws to ensure that machine totals are vigilantly checked against the paper records. That is the only way that voters will be able to trust electronic voting.”-- Check That Vote Editorial by the New York Times July 16, 2008 This link references all quotes in this essay unless otherwise noted. [Emphasis is mine in all quotes.] [2]

This ‘issue’ along with voter ID threatens the traditional ballot-box stuffings of the sordid left. The hanging chads [I called them enchanted chads]  in Florida gave algore a slim chance to win the Oval Office as he could get the courts to adjudicate the little bits of paper.  The drooling leftists on the Florida Supreme Court were ready to interfere in a federal election if algore might win. Any honest vote will expose the left for what they really are and they must cheat to win. Read At Any Cost: How Al Gore Tried to Steal the Election by Bill Sammon on the 2000 election. [3]

They even brought in Daley’s brat as a lawyer to help out with the voter fraud, the kind of thing h e learned from his crooked father. The left advocates just the opposite. They also encourage illegal aliens to vote in California and other states.

Obama was an Acorn Activist: Black Supremacy Artist, Ballot Box Stuffer and Fraud maker.

Although the details are murky, we need to know what Acorn is and how Barack Obama was involved in this political pressure group .

Acorn was founded by Wade Rathke in 1970 and has had several investigations and indictments for voter fraud. [4] They get nothing but applause for their organized c rime.

Here is a partial list of their criminal activities:

[1] In Sept.2004 a Columbus grand jury indicted ACORN employee and felony parolee Kevin Dooley for election fraud.

[2] In August, 2004 in Albuquerque, New Mexico in a court case, ACORN director Matt Henderson's group
allegedly made illegal copies of voter registration cards.

[2] In Jan. 2005 two ex-ACORN workers were convicted
in Denver of perjury for submitting false voter registrations.

[3] In Nov. 2006 four part time ACORN
workers were indicted in Kansas City for voter registration fraud.

[4] In 2006 ACORN was investigated for submitting false voter registrations in St. Louis.
In 2007 ACORN was investigated by King County, Wash. for filing false registrations.

[5] On July 26, 2007 felony charges were filed against seven ACORN employees for filing 1,762
false registrations.

Let us read a New York Times essay on voter fraud citing the criminals at ACORN for balance. You will not read that.

Liberals are losers and cannot exist without acting as parasites.

rycK

Comments to: ryckki@gmail.com