Explaining the Inexplicable
4) There is a sense in Mexico that the American Southwest still should belong to Mexico or at least to a vague sense of Latin America. So the separatist sense makes sense. What was lost in a long ago war can be regained by demography. Polls taken in Mexico reveal the absurdity: a majority of Mexican citizens believes both that southwestern America properly belongs to Mexico and that they would prefer to live there. One of two things is thus probable: people are nuts and would prefer to extend a failing culture that they are fleeing to a country that they would flee to; or, that the American Southwest was so rich that it was always Mexico’s golden province and that life is best to the north because it just always was: therefore an “Alta California” as a place always better than existing Mexico is not inconsistent with wishing it to resemble, or indeed belong to, Mexico.
I give up — you decide. I just drove past the Selma Sunday swap meet and saw only Mexican flags blowing in the wind and nary an American one. I was perplexed.
When Debt Is No Debt
There are no major programs that the president wishes to cancel, but plenty of new ones he envisions. Given the scale of borrowing, and given the abject denial that there is a spending problem, what gives? Here are some possibilities.
1) The president really does believe that at some mythical date the capitalists and profit mongers have no choice but to get back to work and make tons of money, and that the resulting increased revenue will pay off the debt without cuts or hardship. Therefore, he genuinely thought in 2009 that the stimulus would lead to the summer of recovery. He believed that the first $4 trillion in debt would stimulate the economy, and so is surprised that we are still massively borrowing. Now Obama is in a quandary, in which we can’t cut spending in a recession, and cannot afford to run bigger deficits to jumpstart the economy. The old narcotic jolt no longer has a stimulatory effect on the fading addict. So do we just deny we are addicted to borrowing, shoot up with more printed money, and hope someone picks us out of the gutter of debt?
2) Low interest will continue. So as a percentage of the budget we have the wherewithal to pay the annual interest for years to come. Deficits for the foreseeable future are easily sustainable. What’s the problem? We are in the grip of deficit hysterics. After all, two trillion dollars were wiped out in stock losses and lost home equity during 2008, so why can’t we just print them back into existence? Ever wondered why we have near deflation while printing trillions of new dollars?
3) There is no crisis, at least for the next three years. Obama can still get a recovery from the massive Keynesian kickstarting, while the next president can deal with the disaster when the debt tab comes due. Maybe he too can blame Bush, as did Obama.
4) Deficits are essentially good: a) they guarantee more federal spending and thereby more federal entitlements and constituents; b) they are the best mechanisms for spreading the wealth through redistribution and eventually to demand higher taxes that will fall more heavily on the well-off; c) they will result in inflation, a good thing that erodes the power of accumulated wealth.
5) The president is more interested in golf, photo-ops, or picking the Final Four, and so he shrugs and thinks: “Debts, schmebts. Who cares?”
Also read:







"immigration"...how in the world is sneaking into a country and committing theft of services in any way, shape or form..."immigration"? Illegal immigration is like robbing your house and claiming I'm an undocumented furniture and jewelry reseller.
Have we completely lost our minds? How about this trick. Have 13 million Latinos sneak into Russia, North Korea or China, form gangs and sell drugs and guns. Turn THEIR flags upside down. DEMAND to be taught in Spanish. After all, leftist societies are nirvana. For that matter, why didn't they escape into Cuba or Venezuela? If leftism is paradise, then why not go to the source where they already speak the same language?
Why come here and try to change the... (show more)
"immigration"...how in the world is sneaking into a country and committing theft of services in any way, shape or form..."immigration"? Illegal immigration is like robbing your house and claiming I'm an undocumented furniture and jewelry reseller.
Have we completely lost our minds? How about this trick. Have 13 million Latinos sneak into Russia, North Korea or China, form gangs and sell drugs and guns. Turn THEIR flags upside down. DEMAND to be taught in Spanish. After all, leftist societies are nirvana. For that matter, why didn't they escape into Cuba or Venezuela? If leftism is paradise, then why not go to the source where they already speak the same language?
Why come here and try to change the government when you can go where it already exists? In this country, you are only guaranteed the PURSUIT of happiness. Not to have it tackled and shackled for you to grab it from someone else. At least not before 2008.
(show less)
Michelle Obama having her praises sung as she feasts at $38,500 a plate fundraisers while demonizing the rich, jetting off to Aspen and Hollywood thereafter, sermonizing about how Obama is working so diligently for the middle class; the same middle class where wages have been reduced by 8.2% under the tutelage of Dear Leader Barack.
Barack then wins the $30-100K household vote by 4 percentage points.
What could possibly be the conclusion but that the small majority of middle class America is brazenly inane or unaware of what constitutes abject hypocrisy?
Like someone once said. The real problem is not Barack Obama. ... (show more)
Michelle Obama having her praises sung as she feasts at $38,500 a plate fundraisers while demonizing the rich, jetting off to Aspen and Hollywood thereafter, sermonizing about how Obama is working so diligently for the middle class; the same middle class where wages have been reduced by 8.2% under the tutelage of Dear Leader Barack.
Barack then wins the $30-100K household vote by 4 percentage points.
What could possibly be the conclusion but that the small majority of middle class America is brazenly inane or unaware of what constitutes abject hypocrisy?
Like someone once said. The real problem is not Barack Obama. It's the people who put Barack Obama in office only to fail miserably while President, then repeated the same mistake.
The only conclusion I can come to besides Romney did a very poor job of striking back against the platitudes and lies, is that Romney made the egregious mistake of offering jobs to a country that did not want to work. (show less)
In the meanwhile, hiding in plain sight, are tens of millions of government officials and public service workers who get retirement benefits worth millions that the rest of us have no chance at accumulating due to these onerous taxes. Do the math sometime. Figure out how much you would have to make before taxes during your working years in order to save enough after... (show more)
In the meanwhile, hiding in plain sight, are tens of millions of government officials and public service workers who get retirement benefits worth millions that the rest of us have no chance at accumulating due to these onerous taxes. Do the math sometime. Figure out how much you would have to make before taxes during your working years in order to save enough after taxes to retire at age 55 with 80% of your last year's salary and gold plated health benefits paid out for 30 years or more of retirement. You will be astounded at the impossibility of this for all but the very very high end private sector worker. And to boot, that public service worker never has to worry about things like working late without pay, being laid off, getting fired or saving a single dime for the future.
What Obama is really saying is that he wants no more millionaires and billionaires. Just the ones who are grandfathered in and can contribute to his campaigns. The only way to become a achieve a millionaire's life style is to work for the party or the government.
The Obama's are constantly on display like those pyramid scheme business commercials with the rich couple on the big yacht pitching for new suckers to come in. (show less)
Everything about our capitalist economic sysyem is redistributive in nature from the printing presses on down. A minority of the nations population who are able to be business owners large and small, redistribute their earnings 'down' to their employees in return for labor. Their employess then to redistribute that income for goods and services and then....
One... (show more)
Everything about our capitalist economic sysyem is redistributive in nature from the printing presses on down. A minority of the nations population who are able to be business owners large and small, redistribute their earnings 'down' to their employees in return for labor. Their employess then to redistribute that income for goods and services and then....
One of the great things about America is you can act however you wish, spend as you wish, socialize as you wish, dress as you wish, entertain as you wish and on down the line so long as it is legal.
Now, what was the complaint again? :) (show less)
Now, what was the complaint again?
Ask me 3 years from now or when gas hits 7 bucks a gallon, whichever comes first.
Now, what was the complaint again?
Ask me 3 years from now or when gas hits 7 bucks a gallon, whichever comes first.
Gas will come back down when the refineries get done with their maintenance and reformulating and when the interest rates come back up so the bond guys can go back to bond and stock investments and away from 'commodities' and stocks.
Gas will come back down when the refineries get done with their maintenance and reformulating and when the interest rates come back up so the bond guys can go back to bond and stock investments and away from 'commodities' and stocks.
Mr. Hansen, I do wish you would make a distinction between citizens of Spanish and Mexican descent and those who are here illegally. The real explanation for the persons who have the resentment against the U.S. is the fact that they have been given false information about history. Forgive them for they know not what they do.
Mr. Hansen, I do wish you would make a distinction between citizens of Spanish and Mexican descent and those who are here illegally. The real explanation for the persons who have the resentment against the U.S. is the fact that they have been given false information about history. Forgive them for they know not what they do.
Another reason for fuel price hikes is tax revenue. Politicians have cut their own throats by the implementation of CAFE standards. Cars go further, therefore less fill up at the pump. So all the V-8s that have been removed from the road ways have cost the government 38.9 cents, PER GALLON in tax revenue. Therefore they have to charge more to keep the revenues coming in. Stoopid is as stoopid does.
And for the author. Who says people are not complaining about fuel prices? The people are complaining. No politician or media outlet gives a rats a...
My company fuel bill, since 2009 has gone from $500. a month to $2500. a month, with no changes to routing. Of course we are complaining. We are sick of it all.
Another reason for fuel price hikes is tax revenue. Politicians have cut their own throats by the implementation of CAFE standards. Cars go further, therefore less fill up at the pump. So all the V-8s that have been removed from the road ways have cost the government 38.9 cents, PER GALLON in tax revenue. Therefore they have to charge more to keep the revenues coming in. Stoopid is as stoopid does.
And for the author. Who says people are not complaining about fuel prices? The people are complaining. No politician or media outlet gives a rats a...
My company fuel bill, since 2009 has gone from $500. a month to $2500. a month, with no changes to routing. Of course we are complaining. We are sick of it all.
"immigration"...how in the world is sneaking into a country and committing theft of services in any way, shape or form..."immigration"? Illegal immigration is like robbing your house and claiming I'm an undocumented furniture and jewelry reseller.
Have we completely lost our minds? How about this trick. Have 13 million Latinos sneak into Russia, North Korea or China, form gangs and sell drugs and guns. Turn THEIR flags upside down. DEMAND to be taught in Spanish. After all, leftist societies are nirvana. For that matter, why didn't they escape into Cuba or Venezuela? If leftism is paradise, then why not go to the source where they already speak the same language?
Why come here and try to change the... (show more)
"immigration"...how in the world is sneaking into a country and committing theft of services in any way, shape or form..."immigration"? Illegal immigration is like robbing your house and claiming I'm an undocumented furniture and jewelry reseller.
Have we completely lost our minds? How about this trick. Have 13 million Latinos sneak into Russia, North Korea or China, form gangs and sell drugs and guns. Turn THEIR flags upside down. DEMAND to be taught in Spanish. After all, leftist societies are nirvana. For that matter, why didn't they escape into Cuba or Venezuela? If leftism is paradise, then why not go to the source where they already speak the same language?
Why come here and try to change the government when you can go where it already exists? In this country, you are only guaranteed the PURSUIT of happiness. Not to have it tackled and shackled for you to grab it from someone else. At least not before 2008.
(show less)
so once more the lap dog suck up media are promoting an agenda rather than reporting the truth, and it seems sad that the media seems so far up obozo's anal sphincter, osculating that they don't realize that all they are getting is a stream of manure, which they think is--what a bouquet because that exudate comes from obozo, rather than someone else. How sad.
so once more the lap dog suck up media are promoting an agenda rather than reporting the truth, and it seems sad that the media seems so far up obozo's anal sphincter, osculating that they don't realize that all they are getting is a stream of manure, which they think is--what a bouquet because that exudate comes from obozo, rather than someone else. How sad.