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Belligerent Ignorance, Phony Economics and the Clunker Crusaders: Washington Wastes our Money Again.

Belligerent Ignorance, Phony Economics and the Clunker Crusaders: Washington Wastes our Money Again.

 

 We seem to have the left-liberals now fully in charge of government-meddled social programs and given their sorry record of the past we can only expect new failures unless they blunder into the chaos and make some frantic guess that turns out right for a change. Don’t bet on this.  With the market up today they might just claim this to be a Democratic victory.

The stimulus program [porkulus[1][2] or bardus sus munia[3]] is a joke in that it does nothing to create new jobs, provide financial and economic stability to the markets and, most importantly create new sources of capital so as to create new jobs. The job market continues to descend to ugly depths despite the honking of liberal kazoos, celebrations in the streets, Santeria séances in the White House and other follies and wispy songs about ‘shovel-ready’ projects. The shovel is more appropriately reserved for shoveling away the manure from the facts. The idiots in Washington have failed again.

A phony idea, but one that appeals to the mentally disnimble[4] and those with other mental problems, was to just subsidize purchases of homes and cars and that would ‘stimulate’ the market. This failed for obvious reasons. Fannie Mae and Freddie Mac are two examples of government meddling in the economy. They are both zombies and quite dead. Their rot, however, still requires periodic bailouts from the tax payers with borrowed or printed monies.

The current outrage is the Clunkers Calamity where our government went out to ‘stimulate’ car sales and spent $24,000 per car on an average car cost of about the same price as that number. [5][6][7] Extending this insanity to the housing problem we learn that “…the Brookings institute estimates that the $8,000 credit equates to a cost to the taxpayer of $43,000 per home.”[8] This is money wasted for political reasons. We must search for reasons why our government is so stupid and how they arrive at these ‘programs’ and what mentally tortuous paths they traverse as they concoct such wonders. And we do not think we have idiots in our government?

Our idiot government has shoveled trillions into our ‘economy,’ mostly to bloat our Fascist[9][10][11]-Marxist[12] and increase the bureaucracy with worthless hirelings. To think that their ‘stimulus’ has contributed to 3% of the increase in our GDP [0.03 x 14 trillion] is only 0.42 trillion and they have spent some 5 trillion in TARP, TALP, deficits, and other worthless programs.  If we have to print a few trillion dollars in paper every year to ‘stimulate’ the economy to the tune of only a half trillion then we are broke and lost.

The answer is very simple in leftist terms: our government wants to ‘spread around the wealth’ so everybody gets some ‘skin in the game.’ The ‘skin,’ or course, is debt that is NOT spread around among the most dedicated believers in the Obama Administration—it will be paid for by taxpayers or it will actually be ‘spread’ around in the ultimate tax: inflation. As such, political parasites like Nancy Pelosi [The Reptile[13][14] or frequently  known as  Spartacus [15] in honor of the Marxist heroine Rosa Luxemburg--the former chair of the Marxist Progressive Caucus[16]] and her squeaking little familiar Steny Hoyer[17], a probable long-term stooge of the old crooked Mafia D’Alessandro Political machine[18][19][20] of Baltimore who caged with The Reptile for some Senator Daniel Brewster, openly and belligerently spends money we don’t have while telling us that they are ‘transparent’ and doing things in the open. Steny dootifully[21] obeys his master. Their respective  financial futures depend on how much tax money they can spend on getting votes and a tacking up IOUs for later as Clinton taught us and as such Hoyer has to lie about “transparency[22]’ to the public so he can keep the doors shut and violate our freedoms and raid our treasury. He can not be successful if he tells the truth so he lies.  The Reptile then, keeping the public from this phantasm as long as possible, presents for us this blatant lie in this video:”Pelosi Denies Public Access To Public Space For Public Plan Announcement.[23] This new ‘bill’ is nearly 2000 pages long. [Emphasis is mine in all quotes.]

So, for even a middle-level stooge of the Marxist system, we can see that these parasites must shovel out as much cash to their victims and homies as they can before [1] next election and [2] the unemployment soars beyond reason, which it is going to do as the ‘stimulus’ is NOT creating new jobs. We can undo anything when we get back the House and halt spending on this crap, but that will take some time so the race is on.

So, we have to acknowledge that this Pelosi/Reid/Hoyer/Obama team is successfully trotting down the well-known pathways braved for us by Joe Stalin, Adolph Hitler and Fidel Castro and saluted by Barrack Obama and his advisor and mentor Jeremiah Wright. They will do anything necessary to muzzle the opposition and steal our money and future. Let’s give them at least a 98 on that score. It will be 100, or higher, when they can muzzle the press or the blogs and put most of us in jail for sedition or for any other convenient reason.

This is a mockery of the democratic process and justice and law, but that describes the liberals—does it not?

rycK [a 5th generation Californian in exile]

 

Comments to: ryckki@gmail.com



 

[2]Three months ago, Obama bragged that his stimulus had begun to create a "rush" to hire construction workers. Since then, the construction industry has lost over 120,000 jobs, and this month's report shows that trend accelerating at a season when construction should normally be hiring.” http://hotair.com/archives/2009/07/02/unemployment-creeps-up-to-95/

 

[3] stupid swine tributes

 

[4] This refers to the book entitled The Bell Curve[4][4][4] The Bell Curve: Intelligence and Class Structure in American Life (ISBN: 0029146739)

by Herrnstein, Richard J. and  Murray, Charles  Free Press of Glencoe , Inc, Old Tappan, New Jersey, U.S.A., 1994.

 

[5]NEW YORK (CNNMoney.com) -- A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.” http://money.cnn.com/2009/10/28/autos/clunkers_analysis/?postversion=2009102817

 

 

[8] Cash for Clunkers cost how much? By Peter Boockvar - October 28th, 2009, 3:32P “As the debate intensifies on whether and what form to extend the home buying tax credit, one argument against it is why give a credit to someone who planned on buying a home anyway. With 85% of 1st time home buyers who were eligible to collect the tax credit planning to buy a home anyway, the Brookings institute estimates that the $8,000 credit equates to a cost to the taxpayer of $43,000 per home. This is based on the belief that 85% of the almost 2mm buyers are getting free money. Edmonds.com today is estimating that the Cash for Clunkers program cost taxpayers $24,000 per vehicle sold. They estimate that 82% of sales would have happened anyway and thus the handout of up to $4,500 really only enticed 18% of the buyers of 690k vehicles sold under the program.” http://www.ritholtz.com/blog/2009/10/cash-for-clunkers-cost-how-much/

 

[13] Nancy Pelosi should go (but won't) By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist http://voices.kansascity.com/node/2732

 

[14] Pelosi: The New Red Flag Rules of Spartacus.

Thursday, November 09, 2006 10:37 AM

[15] Pelosi: The New Red Flag Rules of Spartacus.

Thursday, November 09, 2006 10:37 AM

 

[16] http://en.wikipedia.org/wiki/Congressional_Progressive_Caucus#Ideology .

“An array of national progressive organizations will work to support the efforts of the caucus, including the Institute for Policy Studies, The Nation Magazine, Moveon.org, National Priorities Project, Jobs with Justice Campaign, Peace Action, Americans for Democratic Action, and Progressive Democrats of America. Also co-sponsoring the kickoff event were the NAACP, ACLU, Progressive Majority, League of United Latin American Citizens, Rainbow/Push Coalition, National Council of La Raza, Hip Hop Caucus, Human Rights Campaign, Association of Farmworker Opportunity Programs, and the National Hip Hop Political Convention. The CPC has long maintained cordial ties with the Democratic Socialists of America, which hosted its website during the 1990s.”

[21] This is a new word and is properly spelt.

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The Flight from Tax Maggotry and Other Leftist Diseases: NYC Crashes but Federal Funds are On the Way!

The Flight from Tax Maggotry and Other Leftist Diseases: NYC Crashes but Federal Funds are On the Way!

 

High taxes[1][2][3] and the government-sponsored social programs[4][5] that promote sloth, phony education projects, crime[6] and drug addiction seem to be the only solution to addressing the evils of our society. Rather than enforce the Rule of Law in an objective and impartial manner, now merely a euphemism for letting left-wing constituents merrily do their drugs and crimes and such, the Rule is applied only to those who are capitalists or that have committed crimes too heinous to hide from the public. The tax basis is adjusted accordingly so that the felons escape and the successful ‘pay their fair share’ for the mayhem and social diseases to the benefit of Democrats in city governments. What a great scheme.

 

But, there is a temporary tax revenue problem:

 

New Yorkers are fleeing the state and city in alarming numbers -- and costing a fortune in lost tax dollars, a new study shows.

 

More than 1.5 million state residents left for other parts of the United States from 2000 to 2008, according to the report from the Empire Center for New York State Policy. It was the biggest out-of-state migration in the country.

 

The vast majority of the migrants, 1.1 million, were former residents of New York City -- meaning one out of seven city taxpayers moved out.[7]--Tax refugees staging escape from New York By Andy Soltis Last Updated: 6:08 AM, October 27, 2009 [Emphasis is mine in all quotes.]

 

The philosophy is clear here: inner cities cannot cope with the burdens of crime, phony education[8] expenses, public housing and unemployment with normal taxation because they have no way to rehabilitate or reform their constituents. In fact, many of their constituents are ‘poverty imports[9]’ for the most part or self-styled welfare recipients who will not or cannot pay for their own upkeep and thus are essentially parasites upon the working classes who do pay excessive taxes. This is great politics!

 

This all works out very well in the political sense as major cities have overwhelming populations of persons who are wholly dependent upon their local liberal Democratic elected officials for money, food and drugs along with free housing and medical care and cast their votes accordingly. As a corollary, the city administration must look the other way on most crime and blame their problems on capitalism or others and beg for alms from the state government or the fed to keep the machine well greased.

 

Thus, the bigger cities are crime magnets and generate the bulk of the murders and other crimes in our nation. Not to ignore the political benefits of this situation, we can see that crime is a great benefit to the cities as it provides jobs for police, narcotics enforcement, and emergency room care.

 

For an investigational view of what the left offers many citizens in terms of business, education, crime and community we have only to study the top 10 cities in the US and inspect the crime statistics.[10] There is no question that liberals [and all are black left-liberals with the exception of NYC where Bloomberg is at risk now] are fully in charge in these places. They control the ‘education’ and politics of these cities. A review of those who takes drugs is also instructive. [11] Clearly, crime and drug ingestion are not exactly proper attributes for success in the halls of capitalism and employers are still, amazingly, allowed to screen job applicants for drugs. This is a missed opportunity for the far left: forcing business to employ 100% of their citizens by outlawing drug tests. But, now, in a progressive new vector, California wants to legalize pot in its frantic effort to grunt money from any source to pay for their warped progressive lifestyle. It is interesting to compare NYC, California and Washington DC to see who has the poorest educational system in the US. The same people who want to transform our society to be more egalitarian are the very  same people who have shaped the 10 worse cities in the US [9 counting Washington D. C.] in terms of debt, drug addiction, murder and taxes.

 

But, where, can we ask, is the political blunder here?

 

The average Manhattan taxpayer who left the state earned $93,264 a year. The average newcomer to Manhattan earned only $72,726. [Emphasis is mine in all quotes.]

 

That's a difference of $20,538, the highest for any county in the state. Staten Island was second, with a $20,066 difference.”

 

Why not just raise taxes?? Does NYC really need whites in office?[12]

 

Taxes will continue to soar in destitute cities like New York  as this is the ONLY mechanism available to the city fathers of places like this and mirror-image cities like San Francisco, Oakland, Chicago and Baltimore.  What is the penalty? If the city or state goes broke, then what happens? Will the left-liberals in office lose their jobs or will the drug rehabilitation shops close down? Will the welfare checks stop spurting out as a heartfelt payment for the votes?

 

The proper plan for liberals is to push taxes to unreasonable limits and force a catastrophe so that federal funds can be connected to their city coffers by some umbilical cord wired into the Fed balance sheet if possible. NYC is ‘too big to fail.’ Those who wantonly and egregiously flee from NYC’s taxes and crime may be confidently ‘caught’ and ‘repatriated’ to the yawning tax pits if federal funds are used to replace their tax returns in the cities.  Thus the big salaries and big business profits can be returned to the city fathers of New York City and all is well. Then, spending is the limit! Double welfare payments! Double salaries for unions, teachers, police and everybody else!

 

Obama is going to be their sugar daddy and they know it.

 

Raise taxes and we will all be rich as I learned all this from listening to my rain stick.[13] Or, maybe, just maybe, it is time for some undocumented capitalism[14].

 

rycK [a 5th generation Californian in exile]

 

Comments to: ryckki@gmail.com

 

 

 



[4] Our Economy is Collapsing. The Liberals will Now Institute Some Kind of Neo- Fascism or Socialism or Some New Blend to Maintain Power.

http://rycksrationalizations.blogtownhall.com/2009/08/06/our_economy_is_collapsing_the_liberals_will_now_institute_some_kind_of_neo-_fascism_or_socialism_or_some_new_blend_to_maintain_power.thtml

 

[6] The NYT Laments the Future of the Young with No Solutions Proffered. They Have  a Great Future in Crime.

http://rycksrationalizations.blogtownhall.com/2008/06/10/the_nyt_laments_the_future_of_the_young_with_no_solutions_proffered_they_have_a_great_future_in_crime.thtml

 

[7] Tax refugees staging escape from New York By Andy Soltis Last Updated: 6:08 AM, October 27, 2009 http://www.nypost.com/p/news/local/tax_refugees_staging_escape_from_qb4pItQ71UXIc0i6cd3UpK

[8] Pronounced ‘ejukashon.’ See The Collapse of the World Economy is at Hand.

http://rycksrationalizations.blogtownhall.com/2009/08/28/the_collapse_of_the_world_economy_is_at_hand.thtml

 

[9] Read illegal aliens or The Collapse of the World Economy is at Hand.

http://rycksrationalizations.blogtownhall.com/2009/08/28/the_collapse_of_the_world_economy_is_at_hand.thtml

asylum from other cities from apprehension.

[11] Admissions to Publicly Funded Substance Abuse Treatment Programs, 2006

Percentage
of Admissions 

Race/Ethnicity

Distribution by Race

Ratio: Admissions to Race

59.4

White

80

0.74

21.3

African-American

12.8

1.66

14.0

Hispanic Origin

7.0

2.00

2.3

American Indian or Alaska Native

 

Very high

1.0

Asian/Pacific Islander

 

 

2.0

Other

 

 

 

 

Ref : http://www.nida.nih.gov/InfoFacts/treatmenttrends.html

Ref on Distribution: http://www.infoplease.com/ipa/A0110384.html 2005 numbers There are later revisions on these numbers.[11] Note that more minorities by race are admitted to publicly funded substance abuse programs than whites on a proportionality basis. By race, twice as many blacks are admitted when compared to blacks.

 

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