Posted by
rycK on Sunday, January 10, 2010 12:54:55 PM
Herbert of the New York Times
Bawls for Alms or Thinking Backward without Thinking
Abstract: Herbert of the NYT offers us maudlin
theatre with an irritating display of alms grubbing as he carefully sidesteps
the only solution to our massive debt problems that are sinking this economy
and that is government spending. He wants to rescue some states with federal
funds. CA and NY are hopeless cases where spending is out of control and
hundreds of thousands of taxpayers are fleeing these places while their governments
import illegal aliens and poverty to bolster their voting roles. Tax and spend
are the only two operative words in this piece.
All
humans posses different attributes and can be ranked by standardized tests on
some and by subjective or casual analyses on others. The complex mixture of
such attributes forms part of the personality and the manner by which these
characteristics are expressed in communication complete the person. Presumably,
education or one of its political variants is impressed upon the student in
early years to enhance some of these attributes and even more important becomes
the use of refined thinking skills to make analyses and extract new information
from current events. This is all very complex, but what we view from reading
samples of a large number of persons’ works is that some people can think and
then write and others can write without thinking by substituting dogma or by
intercalating clichés among the blank spaces of their written works.
Now,
political machines like the New York Times employ a variety of writers
and staff
that may appear to have spent some time thinking and analyzing the news and to
compile that information into some article for, in this case, the op-ed
section. There is fame and fortune in this business if they can rise above the
rubble of yellow journalism and launch some new concepts or discover the hidden
secrets and unleash them upon the public.
Many must thrash about in a contest of ideological rivalry to see if any
are noble enough to match the elegant essays of their honored Pulitzer
Prize winner Walter
Duranty.He
set standards of journalism that, while not based on truth, were politically stimulating
and formed the basis for political decisions since politicians seem to read
this paper often to learn about their agendas. He was a role model whose mantle
few expect to wear.
Today, we
are treated to examine a grand example of a cogitatively deficient process,
although apparently an acceptable
variant of what some call journalism, wherein some written work is composed while
the salient facts are omitted, any hints
of objectivity are scrubbed away and suddenly a maudlin propaganda piece of
tear-jerking majesty is unveiled for us. We have been invited to a disaster and
here it is in cognitive terms:
Herbert recites our mistakes and
our inattention to danger:
“We didn’t pay attention to the housing
bubble. We closed our eyes to warnings that the levees in New Orleans were inadequate. We
gave short shrift to reports that bin Laden was determined to attack the U.S. And now we’re all
but ignoring the fiscal train wreck that is coming from states with budget crises big
enough to boggle the mind”--Invitation
to Disaster By Bob Herbert Op-Ed Columnist Published: January
8, 2010 [Emphasis is mine in
all quotes.]
Propaganda
pieces frequently launch off with threats of impending doom that sway the
reader and make him cry or thrash about in anguish but usually there is some
‘solution’ to the problem that will save the day for all of us and this piece
is no exception. He fails to mention the $12 trillion dollar federal national
debt now running at $192,000
on average for every single taxpayer who makes more than $31,000. Herbert
is going to tell us have to avert this disaster:
The call for more fees and taxes:
“The states are in the worst fiscal shape
since the Depression. The Great Recession has caused state tax revenues to fall
off a cliff. Some states — New York and California come quickly to
mind — are facing prolonged budget nightmares. Across the country, critical
state services are being chopped like firewood. More cuts are coming. Taxes and fees
are
being raised. Yet the budgets in dozens and dozens of states remain
drastically out of balance.”-- Invitation to Disaster By Bob Herbert
This is
not news. Why not just raise taxes some more?? There are many reasons why
certain states are crashing into the financial shoals and we might be impressed
if some of them were mentioned in this propaganda spread. Where is the comment on excessive government
spending? The only hint that some of this mess was self-inflicted comes from
this little snippet:
“State governments are not without fault. Very few have been paragons of fiscal
responsibility over the years.”-- Invitation to Disaster By Bob Herbert
This paragraph then continues
with:
“California is a well-known
basket case. New York has a Legislature that is a laughingstock. But for the federal
government to resist offering substantial additional help in the face of this
growing crisis would be foolhardy. You can’t have a healthy national economy
while dozens of states are hooked up to life support.”--Invitation to Disaster By Bob
Herbert
Here we
go! We have a problem that must be
solved by throwing somebody else’s money into the snake pit before we learn
what caused this and what must be done to ameliorate this sickness. We read
nothing about punitive taxation of the sort that drives high income earners and
businesses out of California and New York. We learn nothing about the wild
spending habits of the political creatures that cluster in small groups in Sacramento and Albany to feed upon the taxpayers. We
hear nothing about the millions of illegal aliens who infest these two states
and require all sorts of social programs including free medical care and
education and how these costs might burden the tax revenues. We learn nothing
about the drug problems and phony drug rehab experiments that are costly and
largely disingenuous and actually tend to exacerbate this problem with the
bawdy tinsel and song fests rather than minimize it.
Herbie then solicits the opinion
of an ‘expert’ on all this:
““Expenditure cuts [read spending cuts here, ed.] are problematic
policies during an economic downturn because they reduce overall demand and can
make the downturn deeper. When states cut spending, they lay off employees,
cancel contracts with vendors, eliminate or lower payments to businesses and
nonprofit organizations that provide direct services, and cut benefit payments
to individuals. [Emphasis is mine in
all quotes.]
“In all of these circumstances, the companies
and organizations that would
have [read SHOULD NOT HAVE here ed.] received
government payments have less money to spend on salaries and supplies, and
individuals who would have [read SHOULD NOT HAVE ed.]
received salaries or benefits have less
money for consumption. This directly removes demand from the economy.””—Quoted
from the Center on Budget in Invitation to Disaster By Bob Herbert
Translated,
this means the federal and state G.D.P.s should be maintained at previous
levels with spending. So, the singular
metric that drives up deficits and drives down tax revenues and discourages
citizens and forces them to flee is spending cuts and this is the first thing Herbie
wants to scratch off his little list. The argument presented by this ‘expert’
pleads for more spending in all cases and just amplifies the budget deficit
mess. But, the states can wiggle out of this mess and get back to the normal
process of more taxation and more spending if only we do what?
Print more money and give it to
the states:
“The Obama administration has provided
significant help
to states through its stimulus program, and it has [NOT] made
a difference. It prevented the crisis from being much worse….and… We need more responsible and less wasteful
fiscal behavior from all levels of government. But the country is
still faced with a national economic emergency, with tens of millions out of
work or underemployed. We can hardly afford any additional economic shocks.
Turning our backs on the desperate trouble the states are in right now is
nothing less than an utterly willful invitation to disaster.”-- Invitation to Disaster By Bob
Herbert [Emphasis is mine in all quotes.]
Spend spend spend. We already have a disaster
as our economy is collapsing and our currency is going to be debased one way or
the other and inflation
is the major avenue. There is no evidence that the stimuli to the states have
done anything as yet. Cash for clunkers,
[$24,000 spent per car at a sales level of $35,000 or less], shovel-ready
projects that never started, mortgage ‘adjustments’ for the ‘poor’ were tried
then the recidivism rates hit 70%
are examples of this stimulus joke. This
folly and other phony measures have done nothing but waste federal funds and
plunged us further into debt. The call for fiscal responsibility in these two
states [CA and NY] is like whistling in the forest for a lobster and champagne
dinner to suddenly appear on an old stump along with some mariachi music and a
belly dancer for entertainment.
This
never ends. This is just bawling for alms. This is begging and whining and
glubbering and making a joke out of the whole process in terms of debt. This
last resort to government handouts and more state spending is the very last measure
we need to employ because both states and the federal government will add to
their deficits and the depression we inherited from this debt-driven
deflationary spiral
will continue to get worse. Many in the Obama administration and pseudo
economists at the New York Times [such as their resident ‘economist’ Paul Krugman
] insist that we can spend
our way out of massive debt!
Debt can apparently be minimized by adding more debt, a nostrum that only a
Marxist, a Methodist or a Moron would suggest.
And, if,
we did give CA a $20 billion dollar grant to ‘fix’ their budget problems just
what would they do with it? How about some new studies on how to grow more
marijuana or some free AIDS clinics or more green projects that are inefficient
but expensive and will only add to the budgetary problems. Can we depend on California to get their budget deficit to
zero in 2011? Or, will they just take more drugs and spend more and hike the
budget deficit to $30 billion and crawl back to Obama sob stories and beg for
more in 2012. What happens after the 3rd or 4th iteration
of his nonsense? Drug addicts cannot be cured any more than pedophiles can and
we can add to this sorry list of addicts and protosimian beings the liberals of
the Democratic Party who can only
spend money they don’t have. If we give them anything they will just spend it
and beg for more next year. This is hopeless.
Look for
a resumption of the 2008 depression we cooked up for ourselves with massive
spending and the phony ‘affordable
housing’ legislation to resume mid year in 2010. We have no hope of paying off this debt and
people like Obama and Herbert think we can just ‘tax the
rich’ and pay for all this.
Wait until the ‘main street’ folk find out that soaking the rich with
massive taxes starts off at $31,000.
rycK
Comments
to: ryckki@gmail.com
The Old Brown Lady of the New York
Times [Old Gray
Lady] Mumbles Dootifully about the Criminal Good Time Charlie Rangel
http://rycksrationalizations.blogtownhall.com/2009/10/08/the_old_brown_lady_of_the_new_york_times_[old_gray_lady]_mumbles_dootifully_about_the_criminal_good_time_charlie_rangel.thtml
““HSA
is showing high redefault rates on the early offerings,” FHFA director James Lockhart noted
in a Congressional report this week. “Performance on the February through April
offerings shows a redefault [or recidivism] rate of almost 70%, which calls into question the
program’s assumptions that borrowers have the capacity to make payments going
forward.”” -- Fannie Program Sees 70% Recidivism By Diana Golobay May 22, 2009. Fannie Program Sees 70% Recidivism By
Diana Golobay May 22, 2009. http://www.latimes.com/business/la-fi-fannie6-2009nov06,0,4259740.story?track=rss