The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. ~Ronald Reagan
Tuesday, March 31, 2009
Monday, March 30, 2009
China Economy Suffering
Here is an article about rising unemployment in China.
Bottom line:
Communist Party Chairman Mao Zedong believed that if the party lost the support of the peasants it would lose control of China. Mindful of that, the government had set a goal of 8 percent growth this year, fearing less would cause such high unemployment it would result in mass civil unrest.
That hasn't happened yet, but after two decades of economic growth, the global downturn is seen as the most serious test for the ruling Communist party in a generation.
Eventually the only thinkg that will sustain China’s economy will be war.
Wednesday, March 11, 2009
Random thouight about the Police lyrics
I had a Police song in my mind the other day and one of the lyrics struck me as odd. In “Can’t stand losing you,” Sting sings “you don’t ever want to see me again, and your brothers gonna kill me and he’s six feet ten.”
The odd part about that lyric is that Europeans generally refer to peoples height in metric, either meters or centimeters. Maybe he did this because the metric system was adopted in Britain in 1965 and a man his age was accustomed to using feet and inches. Or perhaps he was specifically targeting the US market. Or perhaps he went with it because “your brothers gonna kill me and he’s 208 centimeters” doesn’t rhyme.
Wednesday, March 4, 2009
Postcard to President Obama
Dear Mr. President,
People should be held accountable for their actions. If someone purchased something they cannot afford, it is not the government’s responsibility to pick up the bill. The money for mortgage bailout is coming from honest taxpayers, many of whom have done the right thing by not biting off more than they can chew. Many of whom have rented because of the unaffordable prices of late.
You say that you are doing this in part to protect the value of my home from falling further. Guess what. I don't want you to take my tax money to pay for my neighbor down the streets mortgage, even if it means my house value falls more. The guy down the street pulled $200,000 out of his house over the past 8 years. The guy down the street bought a house he could never afford, with a mortgage that was a ticking time bomb from day one. Let the market correct.
Government is the problem and not the solution. Your redistributions of the wealth is un-American and eventually you will lose office because of policies that reward irresponsibility at the expense of the honest hard working taxpayer.
Then again, maybe don't appreciate this because your administration has ever met an honest hard working taxpayer. See Geithner, Daschle, Richardson, and Killefer.
I had hoped for so much more.
Thursday, February 26, 2009
Doom and Gloom
Why does Obama preach gloom and doom? Because he is so anxious to cram through every last spending bill, tax increase on the so-called rich, new government regulation, and expansion of healthcare entitlement that he must preserve the atmosphere of crisis as a political necessity. Only by keeping us in a state of panic can he induce us to vote for trillion-dollar deficits and spending packages that send our national debt soaring.
…
So, having inherited a recession, his words are creating a depression. He entered office amid a disaster and he is transforming it into a catastrophe, all to pass every last bit of government spending and move us a bit further to the left before his political capital dwindles.
Thomas Jefferson also said it well:
Never spend your money before you have it.
The man who reads nothing at all is better educated than the man who reads nothing but newspapers.
Tuesday, February 24, 2009
Urine Test
Urine Test -- This was written by a construction worker in Fort McMurray .
I work, they pay me. I pay my taxes, and the government distributes my taxes as it sees fit. In order to earn that pay check, I work on a rig site for a Fort McMurray construction project. At any time I am required to pass a random urine test, with which I have no problem. HOWEVER, what I do have a problem with is the distribution of my
taxes to people who don't have to pass a urine test. Shouldn't one have to pass a urine test to get a welfare check because I have to pass one to earn it for them?
Understand - I have no problem with helping people get back on their feet. I do on the other hand have a problem with helping someone sit on their butt, drink beer and smokedope. Could you imagine how much money this country would save if people had to pass a urine test to get a public assistance check?