Quote of the Day
“Leftist are aways quick to change the subject when you start listing actual facts to counter their talking points.”
Quick Round Up Post
The actual effects of Dodd-Frank Finance Bill:
We don’t want to raise fees on our customers, but unfortunately, regulation is forcing us to do it, and as a result, some customers may end up unbanked,” said a Chase spokeswoman. Bank industry executives have said the new regulations will squeeze low-income customers out of traditional banking, sending them to high-fee alternatives like check cashers and payday lenders.
Practical, efficient self defense is empowerment.
As far as the rest of the world’s movers and shakers are concerned, Obama is little more than a charming cocktail party guest with little to offer than small talk and leftist bromides.
Only one thing is certain. Obama will be running for re-election the minute he returns to Washington, but he is going to need more than his former vacuous “hope and change” motto and there is small chance of that. In a very real way, the nation has already moved beyond him.
When I see Obama these days, I think of Jimmy Carter, a pathetic former president soundly rejected by the voters, the “author” of endless, largely unread books, and grateful that anyone takes notice of him.
When you see Jimmy Carter today, you’re looking at Barack Obama in fifteen or twenty years.
Will Rogers was also right on target:
There is not a man in the country that can’t make a living for himself and family. But he can’t make a living for them *and* his government, too, the way his government is living. What the government has got to do is live as cheap as the people.
Quote of the Day
I knew I’d been living in Berkeley too long when I saw a sign that said ‘Free firewood” and my first thought was “Who was Firewood and what did he do?’
— John Berger
Today’s Dose of Reality
The following definition comes from the Urban Dictionary:
libertarian socialism: An anarchist who likes government. A libertarian who hates freedom. A communist/socialist with a different name for PR reasons. Basically something that doesn’t make sense. Another way of describing it…a monkey in a pinata.
Libertarian Socialism is the perfect ideology for a schizo.
As my friend Leslie Bates often says, “What are your questions on this block of instruction?”
An Honest Look at democrat talking points on tax hikes
Let’s be honest here, the “tax increase on the richest Americans” that the democrats keep repeating their talking points on, won’t effect the “richest Americans” one damn bit.
Take my senior Senator for example, based on his income as a Senator alone, he should be paying federal tax at a rate in the mid thirties. In addition to his tax payer funded income, he personally is worth hundreds of millions of dollars, plus he married a woman who inherited billions of dollars from her late husband. His federal tax rate is 14%.
The tax hike the democrats are so hot for won’t effect his tax rate one damn bit. So the democrat’s rhetoric about having the richest Americans pair their fair share of taxes is a flat out lie.
One of good ideas of the President’s deficit reduction panel was to drastically simplify the tax code and reduce the highest tax rate to 25%. That will reduce the 30% plus overhead of the IRS and get uber-rich democrats, like my senior Senator, to actually pay their fair share of the taxes paid by almost every other working American.
Don’t expect democrats to embrace this idea though. It goes against their core values, like waging class warfare.
Quote of the Day
This one comes from the economics blogger keyneswasdrunk:
Tax cuts, can never add to the deficit. Tax cuts subtract from government revenue. Spending adds to the deficit. It’s very simple and why some people can’t grasp that I have no idea. The Federal Budget is called a “budget” for a reason.
He goes on further explain this simple truth:
It is theoretically possible for the US government too Tax every last cent out of it’s citizens and still run a deficit. But it’s not possible to run a deficit with zero spending no matter what the tax levels are. Deficits are a function of spending too much, not taxing too little.
To channel democrat strategist James Carville, “It’s the spending, stupid.”
The left’s violent war on science continues.
According to the LA Times, a UCLA researcher isn’t letting death threats from anti-science leftist terrorists stop him from doing his work.
After the latest incident, in which he received a letter containing razor blades and threats that his throat would be cut, J. David Jentsch says he isn’t intimidated.
…
“We follow you on campus,” Jentsch recalled the note reading. “One day, when you’re walking by, we’ll come up behind you, and cut your throat.”Activists claimed the razors were tainted with AIDS, though it hasn’t been confirmed by officials. University officials have said the latest threat, confirmed by UCLA on Tuesday, is under investigation by the FBI and UCLA police.
But the 38-year-old professor has been through this before. Last year, he woke up to an orange flash and a car alarm. He ran outside to find his car had been blown up.
Twice a month, animal rights activists in ski masks gather outside his home, chanting “murder.”
These leftist terrorists disregard for science and human life is very, very chilling.
I got that one right…
Back in September of 2009 I posted the following:
German voters decide to deal with their economic downturn by electing a right of center majority that plans to cut taxes in order to stimulate economic growth.
According to Bloomberg, voters rejected the plans of the “Social Democratic challenger to raise taxes on top earners.”
I’m betting that their plan will work better than our Dear Leader’s socialist fantasies.
Let’s take a look at how that actually turned out. According to the BBC:
“Germany’s economy minister Rainer Bruederle has given an upbeat assessment of his country’s recovery, including the assertion that full employment will soon be possible. He said that Germans were doing well and spending again, and that domestic consumption was strong. Data released this week showed German business confidence at a 20-year high.”
Mean while, here in the US with our Dear Leader and his democrat party running the Executive and Legislative branches of the federal government, we have had a shocking high employment rate, a lackluster recovery (and that is being generous) and continuous tax payer funded payouts to that have not been designed to spur growth, but to reward democrat supporters. We have real unemployment rate hovering around 15% and the democrat lame duck congress looking to extend unemployment benefits beyond 99 weeks. If they had actually done anything to actually boost the private sector economy, that extension wouldn’t be necessary.
SNL on the new Obama TSA patdowns
Quote of the Day
“Washington [D.C.] is a city of Southern efficiency and Northern charm.”
— President John F. Kennedy