About Me

Name: rycK
Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Blog Roll

 

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.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive