1. When you have excessive regulation, the result is that investors don't do their due diligence checking out what they are purchasing, especially in the case of firms deemed too big to fail.
2. Two weeks ago the media and Democrats (redundant I know) continued to brand Tea Partiers as racist. They also asked for civility in politics, even though all we ever got was phony stories about racism and known infiltrators filmed by the media. Now with the Arizona law being passed and leftists showing what true incivility and violence is like, where are the media and Democrats calling for civility there?
3. The Democrats are really reaching for straws on the immigration debate (even as Rush pointed out, they are using the word "papers" to try to correlate the law with Nazism). In this case, it is supposedly racist to have to present an ID when a cop stops you...um, don't citizens have to do that any way? So again it is obvious Democrats haven't read the bill (and don't plan to...it is racist, don't ask questions).
4. Charlie Crist is losing the Florida Senate seat in the Republican primary, so he has decided to run as an independent. Of course, when you start calling liberal Republicans on issues, they show their true colors (Jim Jeffords, Colin Powell, Arlen Specter, etc). Then they always claim the party left them...um no, we've always been about lower taxes, generally anti-abortion, and less government. You never agreed with the party but now you're trying to paint the party as extreme to benefit your reelection chances.
5. Green jobs in Spain costing 2.2 jobs for every job it produces. What's the catch?
Wednesday, April 28, 2010
Great Points
Some great points made by Rush Limbaugh on Monday's show:
* Democrats and "compassionate" conservatives keep telling us that illegals are doing the jobs Americans won't do. Well, a company in Arizona got raided by ICE and the 300 jobs previously filled by illegals were immediately filled by Americans. (My note: boy, the jobs that illegals currently have would be nice to help reduce our own umemployment).
* Why doesn't financial reform include Fannie and Freddie? Weren't subprime mortgages backed by these two the major cause of the crisis?
* Obama and the Democrats are attacking the "greed" of Wall Street (and Democrats today grilling Goldman Sachs execs because they were betting against people by "shorting"). Will they also attack people like George Soros (made $2.8 billion in 2008 shorting U.S. housing? Or how about trial lawyers that increase costs of products (which invariably hurts the poor the most because they are least able to absorb the higher costs)? Of course not.
* Chuck Schumer, George Soros, and John Paulson from Goldman Sachs all possibly benefiting from the collapse of IndyMac (started by Schumer saying the bank was insolvent, leading people to pull their money out). A good piece that rounds it all up.
* MSNBC had a funny headline saying that the Arizona law regarding illegals will make it a crime to be an illegal alien. Isn't it already a crime?
* Democrats and "compassionate" conservatives keep telling us that illegals are doing the jobs Americans won't do. Well, a company in Arizona got raided by ICE and the 300 jobs previously filled by illegals were immediately filled by Americans. (My note: boy, the jobs that illegals currently have would be nice to help reduce our own umemployment).
* Why doesn't financial reform include Fannie and Freddie? Weren't subprime mortgages backed by these two the major cause of the crisis?
* Obama and the Democrats are attacking the "greed" of Wall Street (and Democrats today grilling Goldman Sachs execs because they were betting against people by "shorting"). Will they also attack people like George Soros (made $2.8 billion in 2008 shorting U.S. housing? Or how about trial lawyers that increase costs of products (which invariably hurts the poor the most because they are least able to absorb the higher costs)? Of course not.
* Chuck Schumer, George Soros, and John Paulson from Goldman Sachs all possibly benefiting from the collapse of IndyMac (started by Schumer saying the bank was insolvent, leading people to pull their money out). A good piece that rounds it all up.
* MSNBC had a funny headline saying that the Arizona law regarding illegals will make it a crime to be an illegal alien. Isn't it already a crime?
Sunday, April 25, 2010
Around The Web
A couple great articles I happened across...
1. Liberals screaming over the Arizona illegal immigration bill.
2. The New York Times finally notices another aspect of government health care mired in bureaucracy.
1. Liberals screaming over the Arizona illegal immigration bill.
2. The New York Times finally notices another aspect of government health care mired in bureaucracy.
Thursday, April 22, 2010
Random Thoughts
Anyone else simply cringe when they listen to Obama speak?
1. Obama talks about reckless risk taking. Huh? I'm not sure if safe risk taking actually qualifies as risk taking.
2. Obama also mentioned in his speech that under the financial reform bill shareholders would get new powers to regulate the pay and bonuses of the CEOs and management. But couldn't they just take their money elsewhere? If they are investing their money they are investing for a reason. That has to be one of the many things an investor would take into account, whether the current management or future management structure has what it takes. If not, they take their money elsewhere, but at no point are they guaranteed to make money on the deal.
3. Obama also mentioned in his speech that the failure was all the way from Wall Street to Washington. But when does Washington ever suffer for those failures? The only answer seems to be more government to these people.
4. From #1, #2, and #3, it is clearly obvious Obama has had no real-world experience in the private sector whatsoever. Either that, or that he really wants to delude his base that he is really going to get tough on Wall Street. Of course he or other Democrats aren't going to do anything. Though Republicans get saddled with Wall Street, it is really the Democrats. Not to mention it is pretty rich when Obama attacks Goldman Sachs, since it seems to be a revolving door with them and the White House.
5. All the hoopla about the private sector failing, with talk of derivatives, credit default swaps, mortgage-backed securities, CDOs, etc, at the heart of it is the subprime mortgages (and in reality it was 4 states that make up the bulk - California, Florida, Nevada, and Arizona). And of course the subprime mortgages would not have been made had they not been pressured by the government through affordable housing and backed by government entities like Fannie Mae and Freddie Mac.
6. Obama keeps ripping Wall Street, but in reality he is simply practicing crony capitalism. Rip Wall Street, threaten them with financial reform, and then ask them to help clean up the mess they supposedly created (and if you don't, get ready for Obama and Geithner to find a way to take over your business).
7. You want to see real greed? Check out a rally for "teachers" (more like teachers' unions) in Chicago.
8. As mentioned on Rush Limbaugh, all our foreign aid in Haiti is doing a number of things, among them making it so that Haitian farmers cannot sell their crops. People aren't going to pay money when we are simply giving it to them. Also, people not even affected by the earthquake are joining the camps just so they can get free food and health care.
9. A funny (and possibly true) post about that liberals don't listen to Rush because they disagree with him, they don't listen because they're afraid Rush might convince them that he is right. (Traffic must be jammed on the original site, but if you can get there the full read is worth it).
1. Obama talks about reckless risk taking. Huh? I'm not sure if safe risk taking actually qualifies as risk taking.
2. Obama also mentioned in his speech that under the financial reform bill shareholders would get new powers to regulate the pay and bonuses of the CEOs and management. But couldn't they just take their money elsewhere? If they are investing their money they are investing for a reason. That has to be one of the many things an investor would take into account, whether the current management or future management structure has what it takes. If not, they take their money elsewhere, but at no point are they guaranteed to make money on the deal.
3. Obama also mentioned in his speech that the failure was all the way from Wall Street to Washington. But when does Washington ever suffer for those failures? The only answer seems to be more government to these people.
4. From #1, #2, and #3, it is clearly obvious Obama has had no real-world experience in the private sector whatsoever. Either that, or that he really wants to delude his base that he is really going to get tough on Wall Street. Of course he or other Democrats aren't going to do anything. Though Republicans get saddled with Wall Street, it is really the Democrats. Not to mention it is pretty rich when Obama attacks Goldman Sachs, since it seems to be a revolving door with them and the White House.
5. All the hoopla about the private sector failing, with talk of derivatives, credit default swaps, mortgage-backed securities, CDOs, etc, at the heart of it is the subprime mortgages (and in reality it was 4 states that make up the bulk - California, Florida, Nevada, and Arizona). And of course the subprime mortgages would not have been made had they not been pressured by the government through affordable housing and backed by government entities like Fannie Mae and Freddie Mac.
6. Obama keeps ripping Wall Street, but in reality he is simply practicing crony capitalism. Rip Wall Street, threaten them with financial reform, and then ask them to help clean up the mess they supposedly created (and if you don't, get ready for Obama and Geithner to find a way to take over your business).
7. You want to see real greed? Check out a rally for "teachers" (more like teachers' unions) in Chicago.
8. As mentioned on Rush Limbaugh, all our foreign aid in Haiti is doing a number of things, among them making it so that Haitian farmers cannot sell their crops. People aren't going to pay money when we are simply giving it to them. Also, people not even affected by the earthquake are joining the camps just so they can get free food and health care.
9. A funny (and possibly true) post about that liberals don't listen to Rush because they disagree with him, they don't listen because they're afraid Rush might convince them that he is right. (Traffic must be jammed on the original site, but if you can get there the full read is worth it).
Thursday, April 15, 2010
Quick Thoughts
On my way to dinner for a friend, here is some stuff I have been collecting the past week...
1. The New York Times mentions the health care bill has bad things in it and may not lower premiums at all. Where were they before the bill was passed?
2. Democrat Senator Patrick Leahy asks that we all act like adults when it comes to Obama's judicial nominees. What about Bush's?
3. Remember how dissent was supposed to be the most patriotic thing when Bush was in office? How does the current administration and media (both parroting that line) treat the Tea Partiers? Obviously with derision and contempt. Not so patriotic any more when Democrats are in charge.
4. Massachusetts governor Deval Patrick is forcing insurance companies there to insure people at last year's rates. So what happens? Since people know the insurance companies can't charge higher rates, they simply wait to get sick to get insured. Now the insurance companies just don't want to insure anybody, since they have to take a loss on it.
5. Obama has expressed desire for John Paul Stevens' replacement to be one that has empathy. So, basically on criteria other than the law. Better not be the big guy before the eyes of the law.
6. Dick Morris writing at thehill.com, mentioning that the new financial bill allows Obama and Secretary Geithner to take over any financial institution if they deem it too big to fail and on the brink of insolvency. Unfortunately, it passed the House already.
7. Obama says "whether we like it or not, we remain a dominant military superpower". Liberals are screaming it is out of context, and I've read the context and it isn't much better.
8. Henry Waxman canceled the hearings for the CEOs to explain why they say health care costs would go up even though Democrats say they will go down. Presumably someone mentioned that they were simply following the law.
9. From Rush. We consistently get polls on the racial makeup of the Tea Partiers. But why don't we get polls and investigations on other groups? Of course the only reason is to imply the Tea Partiers are racist.
10. According to Pelosi, giving money to people who don't pay taxes is considered tax breaks. More Democrat redefinition.
1. The New York Times mentions the health care bill has bad things in it and may not lower premiums at all. Where were they before the bill was passed?
2. Democrat Senator Patrick Leahy asks that we all act like adults when it comes to Obama's judicial nominees. What about Bush's?
3. Remember how dissent was supposed to be the most patriotic thing when Bush was in office? How does the current administration and media (both parroting that line) treat the Tea Partiers? Obviously with derision and contempt. Not so patriotic any more when Democrats are in charge.
4. Massachusetts governor Deval Patrick is forcing insurance companies there to insure people at last year's rates. So what happens? Since people know the insurance companies can't charge higher rates, they simply wait to get sick to get insured. Now the insurance companies just don't want to insure anybody, since they have to take a loss on it.
5. Obama has expressed desire for John Paul Stevens' replacement to be one that has empathy. So, basically on criteria other than the law. Better not be the big guy before the eyes of the law.
6. Dick Morris writing at thehill.com, mentioning that the new financial bill allows Obama and Secretary Geithner to take over any financial institution if they deem it too big to fail and on the brink of insolvency. Unfortunately, it passed the House already.
7. Obama says "whether we like it or not, we remain a dominant military superpower". Liberals are screaming it is out of context, and I've read the context and it isn't much better.
8. Henry Waxman canceled the hearings for the CEOs to explain why they say health care costs would go up even though Democrats say they will go down. Presumably someone mentioned that they were simply following the law.
9. From Rush. We consistently get polls on the racial makeup of the Tea Partiers. But why don't we get polls and investigations on other groups? Of course the only reason is to imply the Tea Partiers are racist.
10. According to Pelosi, giving money to people who don't pay taxes is considered tax breaks. More Democrat redefinition.
Thursday, April 8, 2010
Random Thoughts
1. Obama recently said we are the only advanced country that doesn't provide health insurance for its citizens (50 million is the number he used this time)...so we're not supposed to want it because it is good, only that everybody else is doing it? Not a very convincing argument to me.
2. A lot on the right are curious when the media is going to start blaming Obama for the West Virginia mine disaster like they did for the Sago mine when Bush was President. Of course we pray for the miners and their families, but if any on the right actually exclaimed Obama was responsible it would be wrong not to mention it would be using it for political purposes. Our beef is with our media who claim to be objective but jumped on every disaster as an excuse to bash Bush.
3. Talking to the other Mike, I just happened to mention that the country has been messed up for a long time and people are finally taking notice. What if Obama hadn't tried to be as radical? Would conservatives have lifted a finger?
4. As I believe Michelle Malkin pointed out, when there is ever a lone right-wing gunman, the media treat it as if the entire right-wing is at fault. I would extend that to say even in the case of the recent mine disaster it was an opportunity for the media (and Democrats) to blame Republicans since the mine owner gave money to Republicans. Of course, no examination if that affected any existing regulation, whether new regulation would have saved the miners, if there are other factors at play that would make the miners' jobs safer but other laws prohibit it, or even if some of the mythic deregulation resulted in higher death tolls. I would guess no, but we always have to wait for the facts to come out, which never make as big a story as the original.
5. Finally, it was reported that if you take into account all tax credits, 47% of Americans either pay no income tax or receive money. With more and more government coming, and fewer and fewer paying for it, just remember when you hear this is somehow a "free" market.
2. A lot on the right are curious when the media is going to start blaming Obama for the West Virginia mine disaster like they did for the Sago mine when Bush was President. Of course we pray for the miners and their families, but if any on the right actually exclaimed Obama was responsible it would be wrong not to mention it would be using it for political purposes. Our beef is with our media who claim to be objective but jumped on every disaster as an excuse to bash Bush.
3. Talking to the other Mike, I just happened to mention that the country has been messed up for a long time and people are finally taking notice. What if Obama hadn't tried to be as radical? Would conservatives have lifted a finger?
4. As I believe Michelle Malkin pointed out, when there is ever a lone right-wing gunman, the media treat it as if the entire right-wing is at fault. I would extend that to say even in the case of the recent mine disaster it was an opportunity for the media (and Democrats) to blame Republicans since the mine owner gave money to Republicans. Of course, no examination if that affected any existing regulation, whether new regulation would have saved the miners, if there are other factors at play that would make the miners' jobs safer but other laws prohibit it, or even if some of the mythic deregulation resulted in higher death tolls. I would guess no, but we always have to wait for the facts to come out, which never make as big a story as the original.
5. Finally, it was reported that if you take into account all tax credits, 47% of Americans either pay no income tax or receive money. With more and more government coming, and fewer and fewer paying for it, just remember when you hear this is somehow a "free" market.
Monday, April 5, 2010
Monday Edition
Just a couple small pieces from John Stossel's blog from Fox. A lot of things on this blog you just don't see trumpeted by our media.
1. Please stop calling credit markets frozen!
2. Environmentalists eat each other.
3. Sorry one more...What media bias?
1. Please stop calling credit markets frozen!
2. Environmentalists eat each other.
3. Sorry one more...What media bias?
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