Wednesday, February 5, 2014

Cheapskate MI Gov. Snyder Proposes Refunding Barely 10% Of Revenue Surplus

It's never your money in the first place to these people.

Story here:

LANSING, MI -- Michigan Gov. Rick Snyder is calling for $103 million in refund checks for some low- and middle-income families who pay property taxes or rent. ... "Michigan has turned the corner from the economic turmoil that plagued the state for nearly a decade," reads the budget. "With nearly $1 billion in added revenue, the state is in a much stronger fiscal position, a position that affords not only making strategic investments but offering tax relief for hard-working families across Michigan."


ObamaCare Hostage Empathizes With Her Captor

Seen here:

Aliso Viejo resident Danielle Nelson said Anthem Blue Cross promised half a dozen times that her oncologists would be covered under her new policy. She was diagnosed last year with non-Hodgkin's lymphoma and discovered a suspicious lump near her jaw in early January.

But when she went to her oncologist's office, she promptly encountered a bright orange sign saying that Covered California plans are not accepted.

"I'm a complete fan of the Affordable Care Act, but now I can't sleep at night," Nelson said. "I can't imagine this is how President Obama wanted it to happen."

Obamacare has been undermined by the very entity, CBO, Obama used to validate it.

So says Dana Milbank for WaPo, here:

The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. ...

This is grim news for the White House and for Democrats on the ballot in November. This independent arbiter, long embraced by the White House, has validated a core complaint of the Affordable Care Act’s (ACA) critics: that it will discourage work and become an ungainly entitlement. Disputing Republicans’ charges is much easier than refuting the federal government’s official scorekeepers. ...

But there’s only so much White House officials could do. Obamacare has been undermined by the very entity they had used to validate it.

Tuesday, February 4, 2014

3,000 "Youngsters" Die Everyday From Abortion, But The NY Times Wants To Talk About 20 Daily Firearms-Related Injuries To Children

The Only Insult In This Instance Is Sotomayor's Insult To Our Intelligence

How do we put up with these morons?

“I figure I may not be the smartest judge on the court but I’m going to be a competent justice,” she said. “I’m going to try to be the best I can and each year I think my opinions have been getting better. And I’m working at finding my voice a little bit.”

Competence, it appears, is a bar, uh hum, too high for The Supreme Court.

Criminal: "a person who has committed a crime".

Story here.

What Do You Call 1000 Democrats In Jail For The ObamaCare Fiasco?

A good start.








Healthcare.gov's "not my responsibility".

Monday, February 3, 2014

Broad Market Declines 2.28% Monday, February 3, 2013

click to enlarge

Dennis Prager: Everything In Conservatism Follows From The Belief That People Are Not Basically Good

Dennis Prager, quoted here:

Prager, a practicing Jew who, in addition to hosting a radio show, is a syndicated columnist and author, responded by suggesting several ways in which "this country is changing," each of which he tied to the loss of belief in a transcendent God or moral standard. Prager specifically noted a "loss of meaning" and a loss of objective morality.

"We live in the age of feelings," Prager said, citing abortion rights as the greatest example of individual feelings guiding contemporary morality. The unborn child's worth is "entirely dictated by the feelings of the mother. It is an unbelievable statement of narcissism, which is what happens when there is no transcendent morality," he said.

Extending his theological argument, Prager pointed to assumptions about the nature of humanity as the fundamental dividing line between liberals and conservatives today.

"Everything in leftism [both religious and political liberalism] follows from the belief that people are basically good," Prager said. "And everything in conservatism follows from the belief that people are not basically good. Judaism and Christianity were united in teaching that people were not basically good. With the death of traditional Judaism and traditional Christianity, you have the unbelievably dangerous belief that people are basically good, and everything flows from there to big government to believing that your opinion is what makes things moral. And that's where we now stand."

Rush Limbaugh, Confused About Conservatism, Talked Up Ayn Rand's ATLAS SHRUGGED Just Last September


And also in May 2012 in "Atlas is Starting to Shrug" here, steering another caller to the book and drawing parallels to current members of the 1% abandoning the rest of us.

Committed conservatives understand the difference between conservatism and libertarianism and choose the former. Rush still thinks there's room for both under a big tent, which just shows he does not fully understand how libertarianism is inimical to conservatism.

Sunday, February 2, 2014

One Reason Why America's Problems Are What They Are

I'll leave it to you to decide which is the one:

[I]n a poll in the early ’90s, sponsored by the Library of Congress and the Book of the Month Club, “Americans named ‘Atlas Shrugged’ the book that had most influenced their lives,” second only to the Bible.

Read more here.

Both Political Parties Are Now Essentially Libertarian, And That's The Problem

Seen here:

John Carr, who now heads the Initiative on Catholic Social Thought and Public Life at Georgetown University, thinks both parties are now essentially defined by their commitment to economic or lifestyle libertarianism. "These libertarian tendencies are reinforced by large campaign contributors and powerful interest groups on the left and right (e.g., Emily's List and the Koch Brothers, Planned Parenthood and the Club for Growth). Who died and left Arianna Huffington and Grover Norquist in charge? Is there any room left for compassionate conservatives and pro-life Democrats?"

Blame The Yankees For The Minimum Wage: A Northern Tariff On The South

Doin' right ain't got no end
Jay Cost for The Weekly Standard, here:

Obama’s [State of the Union] address inadvertently referenced the government’s proclivity to play favorites. The minimum wage is a hallowed talking point for wealthy liberals posing as hardscrabble populists, but in fact its original purpose was to serve as a sort of domestic tariff. By 1937 Northern industries had come to terms with organized labor, but the South still resisted. Fearing a flight of capital to Dixie, it was Northern businessmen who made the difference in pushing a minimum wage through Congress.

Liberal Democrats had outsized majorities during this period of the New Deal, but Southerners controlled key choke points within the legislature, notably the House Rules Committee. It was only a broad coalition that included liberals, organized labor, and, crucially, Northern industrialists that brought the Fair Labor Standards Act to a vote on the floor. Unsurprisingly, the wage floor was set so low that only the South was really affected. And even then, it only passed after it was loaded up with exemptions for all sorts of politically privileged groups.

This decidedly inegalitarian back story of the minimum wage has mostly been lost to history. One would be hardpressed to find a book about the New Deal in Barnes & Noble that discusses this at any length. This is not a coincidence; advocates of bold, activist government want to forget all the inequalities it creates. So it is with Obama. His signature achievement, the Affordable Care Act, is one of the most grossly unfair pieces of legislation to become law in modern times. Underwritten by a logroll among elite interests as varied as the drug manufacturers and the feminist left, it is an enormous redistribution of wealth from the young to the old, the healthy to the sick, without due regard to socioeconomic status.

Friday, January 31, 2014

Bank Failure Friday: Boise, Idaho Bank Is Third To Fail In 2014

Syringa Bank, Boise, Idaho, failed today, the third to do so in 2014, costing the FDIC $4.5 million.

The irrelevance of real money to the global fascist banking cabal

Jeffrey Snider, here, fascist emphases added in red for your reading pleasure:

For as long as there has existed the dollar, there has existed the temptation to make it pliable enough to fit the fancy of its masters. In the context of the economic system as it has developed since the earliest stirrings of industrial transformation.

In the current age, there is no mistake about where the dollars strings attach. The Federal Reserve sets policy but does not really operate the "printing press", that is reserved for the global banking cabal including eurodollar participants. There are relatively persuasive arguments on both sides as to which end is in actual control, the banks or the Fed, but in my mind there is no degree of separation, at least not meaningfully in this setting. The banking system operates as the business end of policy. Banking interests have become fully aligned with policy directives as the banking system has been re-oriented in that direction by progression in the past six or so decades.

A full part of that changing systemic character has been the gradual reduction in the relevance of real money. Convention always marks 1971 as the end of the gold era, but it really began its demise far earlier. The Bretton Woods system was plagued almost from the start by this impulse toward dollar pliability, whether for US government purposes, US banking purposes or global trade. The formation of the London gold pool in November 1961 was a symptom of market forces attempting to re-assert authority over currency; and how far government control would be stretched to wrestle free of any competition over monetary monopoly.

Thursday, January 30, 2014

Hey Rush Limbaugh, Maybe Mormons Stayed Home In 2012!


Alex Beam in "Did Mormons Want Romney To Win?" for The Boston Globe suggests Mormons weren't ready for a Mormon presidency, here:


“No one would ever come out and say it, but I suspect what you are thinking is probably true,” says Matthew Bowman, a Mormon professor of religion and author of “The Mormon People.” “The whole Romney campaign was a shock to the system for a church that generally wants to move very slowly and is used to hashing out things out [sic] internally over a long period of time.”








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Mormons in the US number about 6 million, but Kimberley Strassel has pointed out that Romney lost the election by fewer than 350,000 total votes in just four states: Florida, Virginia, Ohio and New Hampshire. 

GDP Under Obama Is Nearly 42% Worse Than It Was Under George Bush

Obama's latest GDP performance report for Q4 wraps up 2013 at a measly 1.9% real GDP for the whole year, quite an achievement when the second half of the year was as good as it was.

It's possible the second and third estimates will be better than the initial report of 3.2% for Q4, but that is not likely to change the overall number for 2013 very much.

As it stands, Obama has now had an average annual real GDP report of just 1.24% vs. George Bush's 2.13%.

Obama's performance remains the worst ever since World War II.

When he said he'd transform the country, he meant it.

Q4 2013 Real GDP At 3.2% In 1st Estimate, Q3 Remains At 4.1%

The BEA reports here.

Change in private inventories added far less in Q4 than in Q3, just .42 points vs. 1.67.

As good as the second half of 2013 appears, real GDP for 2013 still clocks in at an anemic 1.9% vs. 2.8% in 2012.

Wednesday, January 29, 2014

Abenomics is a fart in a windstorm


Good Help Is Hard To Find: Drudge Leads With A Typo For Five Hours And Counting

You know the "artic", up north where the artists live, in "artica", as opposed to their southern home in antartica.

Yikes, Now Laura Ingraham Repeats Stupid

Just now Laura Ingraham said on her radio program that 3 million Republicans stayed home on election day in 2012.

The story was debunked in late November 2012 already, by Kimberley Strassel for The Wall Street Journal.

She's starting to sound as dumb as Rush.

Get up to speed people!