Sunday, May 17, 2015

Libertarian disunity on display in massive field aspiring to 2016 GOP nomination

14 GOP aspirants to date
Liberals have one serious candidate and a few other aspirants defining their side, but Republicans have twice as many with no clear front runner. This is because Republicanism is now overcome by a libertarianism which by definition is unable to agree about much of anything. It is a shrill and brittle ideology of "freedom from" instead of a more modest philosophical meditation about "freedom for". The latter recognizes that freedom is not an absolute, and is what conservatism is all about, but today you'll be hard-pressed to find anyone talking about that in the Republican Party, much less anywhere else.
7 Democrat aspirants to date

Friday, May 15, 2015

The bad news for graduates: if you follow your passions you'll likely go off the rails

USA Today mediocrity Laura Vanderkam sells the snake oil here:

"[T]he good news is that the economy is evolving in ways that make [following your passion] more practical than your graduation speaker realizes. The key is recognizing two things. First, work and life aren't separate; a career is ideally a way to profitably live out your interests. And second, you don't just want to follow your passion; you also want to rally other people to follow your passion. Doing so is how you will get to do what you love for the rest of your life. Fortunately, building a following is more possible than ever, even for young people, if you play your cards right."

------------------------------------------------------------------------------------

America didn't become the greatest economic powerhouse in the history of the world because its people followed their passions. Ask the millions who slaved away their lives tilling the soil, mining the coal and driving the trucks. Rather it was relentless commitment to hard work, delaying gratification and saving which formed the basis for the success. As for rallying other people to follow your passion, that is a complete waste of your time. And since time is one of your only advantages relative to everyone else, you ought to concentrate on using it more wisely. It's the greatest leverage you have, next to your energy.

Work. Save. Invest.

Thursday, May 14, 2015

Republicans vote "in lock-step" to advance Obama's trade pact in Senate, including Ted Cruz, Rand Paul and Marco Rubio

Conservatives do not have a single friend in the US Senate, unless you count Cassidy and Sullivan who didn't bother to vote and the Senate's 33 hard left Democrats.

Reuters reports here:

"The about-face came after Democrats won a separate vote on a bill punishing countries that manipulate their currencies to keep their exports cheap, and followed a renewed round of personal lobbying by Obama.

"Thirteen of 44 Democrats joined with Republicans, who voted in lock-step to give backers of the legislation more than the 60 votes needed to proceed in the 100-member Senate."

The Senate Roll Call vote is here: 65-33.

Wednesday, May 13, 2015

Senate Democrats put Fast Track on the slow track

Story here.

One commenter wonders where are all the media accusing the Democrats of holding the bill hostage.

Heh, heh.

Tuesday, May 12, 2015

Why we're poorer: America is $10 trillion poorer since 1983 because of libertarian free-trade ideology

That's $10 trillion of GDP we're missing, because net imports are a subtraction from the calculation.

Imagine having an extra $333 billion every year for 30 years: In the last 12 months, GDP is up $670 billion, so we'd have 50% MORE in the last year. Instead we're exporting that GDP to others, building up foreign middle classes at the expense of our own while enriching the few owners at the top in our own country.

Traitors to America they are.

Sunday, May 10, 2015

Sixty percent of the states still collect less revenue than before the 2007 recession

From an Associated Press story here:

A majority of states have failed to climb back to their pre-recession status, in terms of tax revenue, financial reserves and employment rates, said Barb Rosewicz, who tracks the fiscal health of states for The Pew Charitable Trusts. ... Nationally, total tax revenue coming to the states has been rising, but the pace has been slow as employment continues to lag pre-recession levels in more than half the states, according to the Pew Charitable Trusts. Pew also found that 30 states are collecting less revenue than at their peak.


Saturday, May 9, 2015

Friday, May 8, 2015

Ted Cruz is showing his true colors supporting the secretive Trans Pacific Partnership trade deal

From the story here:

"The issue is shaping up as a major 2016 presidential campaign issue, and Sens. Cruz and Rubio join former Florida Gov. Jeb Bush and former Texas Gov. Rick Perry, alongside Democratic Party frontrunner former Secretary of State Hillary Clinton, as supportive of the deal. Graham, Paul, Dr. Ben Carson, New Jersey Gov. Chris Christie, and Wisconsin Gov. Scott Walker haven’t taken positions on the matter yet.

"Lousiana Gov. Bobby Jindal, former Arkansas Gov. Mike Huckabee, real estate magnate Donald Trump, and former Hewlett-Packard CEO Carly Fiorina are all publicly against the deal." 

In defeat Nigel Farage realizes the problem is representation, as the American founding generation understood


"There is also the question of what is fair and reasonable. For so many millions of voters to have just one representative simply cannot be right – and I believe that whomever is the next Ukip leader has a major campaign to fight on this issue."

--------------------------------------------

He's referring, of course, to the fact that about 4 million Brits voted for UKIP yesterday but got only 1 MP out of it.

This coming from a country with much better representation than in the United States.

Here we have one representative in our parliament, the US House, for every 737,000 citizens. There they have what amounts to one MP for every 98,000 British citizens. That's seven and a half times better representation in Britain than in the US. Yet Nigel Farage complains.

Well.

The American libertarian P. J. O'Rourke visited South Thanet, evidently twice before the election and didn't find Farage there to interview, and today good ole Nigel is surprised that he lost in his own backyard. All politics is local, as we used to say. You have to work for it. Evidently Nigel Farage didn't work hard enough. 

In the US the people own not one such solitary seat as UKIP now owns in the UK, and never will until representation matters to them again as it did at the American nation's founding.

The system in Britain is more friendly to UKIP than Nigel Farage knows.

Who knew David Cameron is actually Britain's second Jewish PM, after Benjamin Disraeli?

Thursday, May 7, 2015

Michael Savage gets history wrong again: says Ed Miliband would be first Jewish Prime Minister of UK

Today, in the first hour of the show.

Guess he never heard of Benjamin Disraeli.

84% of rich people suffer from wealth-denial and self-identify as middle class

Stephen "I don't feel like a wealthy person" Schwarzman is worth about $10 billion
Reported here:

"Fully 44 percent described themselves as middle class, and 40 percent said they were upper middle class. Only 4 percent described themselves as wealthy or rich, and 5 percent described themselves as upper class. ... Studies show that more than three-quarters of today's millionaires made their money themselves and started out in the middle class or lower. Wealth experts say these self-made millionaires may still see themselves as having middle-class values of hard work, humility and family despite their increased wealth."


Tuesday, May 5, 2015

Obama's been in charge for going on seven years and complains there aren't enough jobs

Look in the mirror, dumb ass.

Video here:

". . . too many young people don't have hope, they don't see opportunity, there are not enough jobs . . .." 

Monday, May 4, 2015

The Wall Street Journal defends Scott Walker's jobs record, with a backhanded swipe at the end


"The point is simple: After four years with Mr. Walker, more Wisconsinites are employed. That the state has outdone the nation on key economic indicators and moved ahead in key state rankings shows that his policies are working.

"Anyone looking to knock down the prospects for a Walker presidential bid had better look elsewhere—like, for instance, his recent comments about the economics of immigration. Gov. Walker hasn’t mastered everything about the way employment works, but his performance so far in Wisconsin has been much better than his critics claim."

------------------------------------------------------------------------------

Open borders insanity is what really matters to The Wall Street Journal and Scott Walker has sinned against the religion by changing his position.

Saturday, May 2, 2015

Bush's GDP in winter was 208% better than Obama's

Bush's nominal GDP record in winter, quarterly change from 4Q to 1Q, recessions excluded, coldest to warmest:

2003: 1.2%
2004: 1.4%
2007: 1.1%
2005: 2.0%
2002: 1.2%
2006: 2.0%

Average: 1.48%




Obama's nominal GDP record in winter, quarterly change from 4Q to 1Q, recessions excluded, coldest to warmest:

2014: -0.2%
2015: 0.1%
2010: 0.8%
2011: 0.1%
2013: 1.0%
2012: 1.1%

Average: 0.48%

Add in the recession winters in 2001, 2008 and 2009 and Bush's average becomes 1.15% in winter, 379% better than Obama's 0.24%.

Friday, May 1, 2015

Grand Rapids, MI, temperature anomaly for 2015 extends to 20.2 degrees F below normal through April

April in Grand Rapids was just 0.3 degrees F below normal, a tenth of a degree warmer than the anomaly for April 2014.

The total anomaly for January through April 2014 was 24.8 degrees F below normal, almost 23% colder than the same period this year.

Wednesday, April 29, 2015

Total crap: CNBC/Reuters blaming the weather for another GDP miss

The story is here.

Just how bad was the winter? Out of 69 winters in the post-war 2015 ranked 22nd worst for heating degree days, and all Obama could manage is 0.1% nominal growth over the prior quarter, $6.3 billion. But 1959 came in 21st and somehow America under Eisenhower could manage 2.0% nominal growth q/q in winter. And 1964 ranked 23rd and somehow America managed 3.1% nominal growth under JFK in winter.

The winter of 2014 ranked 10th worst, and Obama gave us a pathetic nominal growth of -0.2%, yet in 1977 which ranked 9th worst winter in the post-war Jimmy Carter, Jimmy Carter!, gave us +2.6% nominal growth. The 12th worst winter was in 1962 and again JFK gave us 3.4% nominal growth.

The story is the same for 2010 and 2011, 33rd and 35th worst winters, which is to say, not very bad. These winters appear in the warmer half of the record. Obama gave us just 0.8% and 0.1% respectively, flanked by winters of like severity in 1972, 1951 and 1957 posting nominal growth of 3.4%, 6.3% and 2.2% respectively.

2013? Only the 42nd worst winter. But 1967 was worse and we got 2.4% nominal then, thanks to LBJ. Obama gave us 1.0%. And 1950? 43rd worst, but it clocked in with 3.7% nominal growth.

2012? The warmest winter in the record at 69th. So the weather argument should have meant economic growth had been absolutely stellar by comparison with everything going before it, right? Instead Obama gave us 1.1% nominal. Well, that IS Obama's best performance in winter, so maybe the heat helped a little. But 1990, which ranked 68th, witnessed 2.3% nominal growth under George H. W. Bush.

You see the pattern here? Obama "underperforms" everybody around him in similarly situated weather. But actually his numbers are so bad in winter it's like he's not even in the game.

Average Obama score in winter outside of recession: +0.5%.
Everybody else in the same boat: +3.1%.    

Tuesday, April 28, 2015

Without the Protestant reformers, the USA had never existed

“I love and revere the memories of Huss Wickliff Luther Calvin Zwinglius Melancton and all the other reformers how muchsoever I may differ from them all in many theological metaphysical & philosophical points. As you justly observe, without their great exertions & severe sufferings, the USA had never existed.”

-- John Adams

Sunday, April 26, 2015

What do you mean try finding one? Congress is full of the one type, and most of them are Republicans.

Nicholas Kristof, here:

'After all, American adults have, on average, one ovary and one testicle. But try finding such an “average person.”'