Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Tuesday, February 02, 2016

Are we all socialists?


Ignorance is on display today with Twitter’s #SocialismChecklist. Bernie Sanders matched Hillary in Iowa caucus so that has encouraged his supporters to expose their embarrassing support for a socialist. So much ignorance of history and economics on display. Most of them are very funny. There appears to be two flavors of socialists out today: angry and clueless.

The angry socialists are hammering on evil corporations.  Walmart dared to make a profit, which means they stole money from every consumer that should have been given to government as taxes. Their evil lawyers and lobbyists helped them get away with because Wall Street is controlling every decision we make. And Koch brothers.  

The clueless socialists are creating checklists of all the good things that socialists have done. Essentially it is a list of things that people agree are good about America and crediting socialism with their existence. We wouldn’t have schools, bridges, fire departments or libraries without socialism, they say. Therefore the government should be in charge of healthcare and minimum wage should be $15 an hour, they say.  

One thing that socialist don’t lack is a sense of futility. They don’t know when to quit. I will give them that. All experience has shown that socialism is a failure but that doesn’t bother them. They just want to try again and experiment with a more pure form of socialism because the last was tainted in some fashion.  Their arguments are destroyed but their zealous belief is not to be swayed.

Benjamin Franklin is famous for many things. Among them is the establishment of a public library and the first fire department. Does that make him a socialist? Only by today’s definition that all good things are socialist. However, the books and the building were privately owned. Access was open to the club and later to the public. The collection remains as private property with access to the public. The fire fighters charged for services.

This is not socialism. Not even so-called democratic socialism. You can’t vote that the library belong to the public. The problem with socialism is that violates property rights, which are essential to liberty. What about the fire department? It is socialist unless no one makes that evil money providing a service to the community? 

Are roads socialist? No, although if the socialists would limit themselves to bridges and roads then I would have less gripes with them. The problem is that they want the government to run everything. We will all just share everything. That’s the economic failure.  Socialism is forced sharing. But people don’t like to be forced to share. It is against human nature. Roads are a good use of government. The establishment of roads is called for in the Constitution. The Romans built roads. It makes sense for everyone to share and benefit. It is an asset that makes other functions of government and society possible. Do you want your healthcare run like roads? We will have committees gather to review reports that take years to write. Open meetings must be called for public input. Tax rates must be established by legislature. We will bid out the work to get the best price and see what pieces of the project should be delayed because there are almost never enough funds. Open books help to combat fraud and abuse. Just try that with cancer surgery. Most medical decisions are personal and quick. No one wants public comment and a vote before your knee surgery. Or a photo review of your kidney stone removal. And they only take out half before they run out of money. Stitches provided by the lowest bidder. The fact is that government should be involved in some things, but as few as possible.

I would like to hear the result of the argument between the angry and the clueless socialists. We need free bridges and health care. Everyone must have fire departments and libraries.  Who is going to provide it? Are the evil car manufacturing corporations supposed to provide free fire trucks? Must the evil corporatist book publishers be forced to fill libraries at gunpoint? What entity is going to build and maintain the roads if not the evil corporations?  Imagine how the hospitals get built, the supplies are made and shipped to each nurse’s cabinet by socialist good feelings alone. Can’t be done. It’s been tried.  The beauty of free enterprise is that people can make money providing what others want or need.

Let’s recap. Socialism is bad. It is a stupid idea that fails every time it is tried. People go hungry when government involvement restricts resources and incentives.  This is the history part. When people try it they end up running out of simple things like bread and toilet paper. This has been the case from the Mayflower to Venezuela. Bastiat tore apart the socialist argument in 1830. Socialism should have died then but someone always has a new flavor. Bernie and his wise and experienced youth vote think they can make it happen. If only we didn’t have socialized education.

Wednesday, January 27, 2016

Does Canada prove socialism works?


No, socialism is still evil. I am not impressed with Canadian style socialized medicine. I recognize that socialism comes in degrees and that Canadia is not a soviet gulag. However, there are too many bad examples of slow and insufficient health care. Our system is better. Face facts. One argument for Canadia’s system is that it avoids bankruptcy due to a single horrific event. But that exception to the rule is no reason to abandon property rights, which are vital to liberty. If only socialism was voluntary. But it cannot be. No one can ever opt out of such a benevolent, and therefore mandatory, government system.  Like ACA (Obamacare) you WILL participate. There is no option. Comply or die. That is government socialized healthcare - because if you don’t buy healthcare then you pay a fine. If you don’t pay a fine then you go to jail. If you won’t go to jail then you are arrested. If you refuse to be arrested then you will be shot. Law is force and only has effect if backed up with violence. That is why constitutionalists believe in small limited government. Law should only be used where necessary. But back to bankruptcy….
Socialism is the worst of many cures for the fallen state of man that includes death and disease and now debt. A simple catastrophic health care insurance plan would do the same thing as Canadian healthcare and perform much better. The solution already exists and works. The goal is to spread out the risk of something like cancer treatments destroying your life savings or a car wreck limiting your ability to earn a living, right? That is always the risk of the human condition. Socialism doesn’t fix that. It cannot overcome debt by stealing from others. Gofundme would be a better route, relying on the generosity of others to ease your sudden burden. Church and communities have taken care of these types of problems in the past but the goal of socialism appears to be the elimination of normal support networks. Socialism is a great lie, imitating what it doesn’t have the ability to deliver.   

Tuesday, March 11, 2014

Solar Power

We seem to have skipped winter here in Arizona.  I think the rest of the country must have stolen all the cold and left us with the heat.  Seems like a poor bargain as we have too much warmth already.  And they don’t seem content with their frozen loot.  It is time to prepare to switch the air conditioning back on.  No one likes doing it because it means that summer has begun, no matter what the calendar says.  And it means huge electric bills.  Whenever there is a problem as painful as paying for air conditioning, someone clever will find a way to make money off of a solution.  It is the marvelous result of having an economy driven by entrepreneurs, for which we need a new non-French word.  However, we need to make sure we are solving the correct problem.   Hint: it is not the cost of electricity. 

One of the proposed solutions that I have seen around lately is rooftop solar.  Why not use the light from the sun to reduce the heat of the sun?  Sounds very clever.  I don’t know why I don’t see that as a catch phrase on the solar company’s websites.  But does it actually do any good?  Does it reduce the huge summer electric bill?  Actually it can in a way, but it can create other problems.   

First, it is ugly.  I am a huge Star Wars fan but I don’t know why anyone wants their house to look like a TIE-fighter.  Second, it is a legal hassle.  You don’t own the solar panels, they are leased to you from a solar company.  You buy the electricity from the panels they own on your roof.  You have to claim the solar credits from the IRS on your taxes.  Their recent success has proven that the solar companies have made this whole process as painless as possible.   Congrats to them on that point.  Third is efficiency – it is impossible for a solar panel to produce very much electricity and it is far less efficient than burning fuel at the power plant.  I guess that is two things but they are related.  You need a lot of solar panels because they really don’t do much.  You need to cover a large portion of your roof just to run TV, lights, computer, refrigerator and the washer.  Forget the AC unit. Although I find it very cool that photovoltaic cells turn sunlight into electricity, solar panels can only produce a little power.  Not that they are lazy but simply that there isn’t much energy to extract.  Think about your last sunburn.  That is the energy of the sun, in all its wrath, on your unprotected skin.  Painful, but luckily, not instantly fatal, as if we were vampires.   The earth is just the right distance from the sun.  Good news for us, but bad news for solar panels.  There is a limited amount of energy for them to pick up.   And only when they are new because they wear out. Only when there are no clouds because they block all the energy (not a problem in AZ).  Only when they are clean because dust reduces their power.  Only during the day because I was just checking if you are still awake.  Only when the sun is facing the panels because even a few degrees off will show a drop in power production.  Only in the first seven years before the cells begin to degrade and only within 20 years before they are useless.   Solar panels are great to maybe recharge your cell phone when camping but not to run an AC unit.  The truth is that your local power plant is much better at this than you are.  

Why do homeowners want to get into the energy generation business?  To reduce the bill, yes I remember.  Can you really save money on this tortuous route?   Maybe but did you know that photovoltaic cells are made from plastic that, like all plastic, comes from oil?  Did you know that are made of metal that has to be mined?  Just checking in case you thought these panels saved the environment.  Did you know they are hard to make?  They will not eliminate your carbon footprint guilt.  The companies that make them are not solar powered because it takes about two years for a solar panel to produce enough energy to balance out the electricity that was required to build it.  That is why they are expensive.  Which brings me to the next point.  Why are all the solar companies installing these systems for free?   These cells aren’t cheap.  They aren’t efficient.  They are only moderately “green”.  Why is there someone in the lobby of Home Depot ready to sign me up to give me a free product?  Is he that devoted to my electric bill?  The truth is that these systems are not free.  Should a buyer be skeptical? 

The solar companies have learned the lesson of security systems and cell phones.  Give away the hardware and make money on the monthly service charge.  A proven business model.  But better yet, the solar companies have an edge.  They have politics on their side.  The religion of environmentalism is shared by most people who want to run government.  Current rules give tax advantages to ugly and inefficient ways to produce energy, aka green energy.  Because they value reduced carbon dioxide over the free market, they are willing to use the force of government to collect tax money from citizens and give it to other citizen who make “greener” choices.  I could say more about the government picking winners in the marketplace but that is another topic.  In relation to solar power I just want to point out that tax credits favor solar power and make the option more presentable in terms of money.  If the collective pays for my solar panels then I would win financially because the cost is spread over the community.  But what if everyone had solar panels?  Then we all lose money because there is no tax advantage if everyone is taking from and paying into the same pot of money.  Like a lottery where everyone wins every time.  The energy produced by solar costs more than that electricity I can buy from the power plant plus I would have to pay the manufacturers and installers.  That would mean that my monthly electric bill would have to increase.  If solar panels were the answer then why not buy them outright and forget the middleman with his leases and tax breaks?  

We must address the correct problem.  Let’s work to make electricity cheaper.  Using socialism only makes problems worse.  It only makes sense to buy solar panels to reduce my electric bill if I am willing to make my neighbors pay for it.  Current laws and taxes have made that legal but it is still immoral.  This form of socialism was given a name by Frederic Bastiat in 1830.  It is called legal plunder.  His writings on the subject in his book, The Law, are brilliant. He was French so I guess they aren’t all bad.  Solar panels might lower your electric bill but it just isn’t worth it.

Saturday, November 16, 2013

Roof top solar is a scam

There is an argument in Arizona over solar power because the utilities are losing money due to a scam created by government subsidy on roof panels.  The latest shot fired in the new solar war is that solar power customers will be required to pay a monthly service fee.  It is currently set by regulators at $5.   This is far lower than the $50 fee the utility wanted but it is sure to cause problems because it establishes an additional fee for solar customers.   That will place a damper on the new solar panel fad.  This new action will not solve the problem, which is caused by government action in the first place.  The utility is forced to pay customers for electricity generated by their solar panels, sometimes at a rate higher than the utility supplies to the customer.  This electricity costs more than the electricity that the utility can generate on its own.  Why would the utility buy it?  They have no choice.  The utility must pay because power generated from solar is considered such a good idea that people prefer it over free market principles.  It is so preferable to some that they also offer a subsidy to have the panels installed on houses.   Where does the money come from?  From the government.  And the government has a great source of money.   All of us.   We the people pay for some select people to get a subsidized product for their personal use.  But better than that, this product generates electricity which we get to pay for because the utility passes on the cost of the specially generated, high cost electricity to all of us.  What a scam, and your friendly neighbors are not helping.  I can't blame them I guess, it is the American way to try to get a great deal.  Just remember that if solar panels were such a good idea then they wouldn't need subsidies.  People are buying them only because the government has skewed the market.  The utility is trying to fight back but they will lose because solar power is more important than principle.


Additional facts:
1. Those that buy solar panels are still dependent on the utility because the panels will not meet all of their needs.  For example, you could not run A/C and a washer and microwave at the same time off the panels.
2. Solar panels are less efficient at generating electricity than power plants.
3. Solar panels are not as "green" as you think.  While it is true that electricity is produced by photovoltaics without carbon dioxide emissions, it takes a lot of energy to create a solar panel in the first place.  This process uses fossil fuels and generates carbon dioxide (not that there is anything wrong with that).  Some estimates are that it takes 4 years in the sun for the total output to equal the energy put into making the cell.  Average cell life is 20 years.  

Thursday, November 07, 2013

FDA bans trans-fats?

The FDA does not understand its purpose.  The goal of the food and drug administration was to protect consumers from fraud in terms of medications and from food-bourne illness caused by bad handling practices.  I actually disagree with that being a federal problem.  That can be handled by states and the feds have no authority there.  However, let's leave that alone for now because I want to make another point.  Again, the purpose of the FDA has gone astray.  The FDA is banning trans-fat.  Didn't New York City ban transfat?  Has anyone noticed?  Everyone is living longer, right?.

Here is the article that made the yahoo news page.  It is a stupid article that I don't really recommend reading (but I felt like providing a reference).  This is the website for the history of the FDA.  FDA has been around for a hundred years in different forms.    But notice the new motto for the FDA on their website.    "Protecting and Promoting your health."  Sound nice?  Actually I think it is really scary, especially in light of the recent obamacare nightmare.  That motto is a long way from the 1906 Pure Foods and Drug Act.  How far can this idea be stretched?  What is the limit of protecting and promoting my health?  What if I choose not to have my health protected and promoted?  Do I still have that liberty?  The treatment of smokers as criminals will show that many people think health is more important than liberty.  I disagree.

   LIBERTY IS MORE IMPORTANT THAN HEALTH.

You may only implement your socialist schemes for health as long as they do not infringe on my liberties.  Transfats are a good example.   The FDA could point out that doctors think they are unhealthy.  That might be helpful.  Information and education is good.  Discussion of effects and benefits is a good debate.  Banning?  When did they get the power to ban substances because they didn't like them.   Oreos are legal.  It is just a cookie.  I freely give my money to Nabisco.  I know that an orange is better for me.  Shut up.  I like to hold Oreos under the milk until the bubbles stop.  Thanks for the advice but you can pack up your nanny-state and go away.  The government has no permission to interfere in my health.  That is my choice.

Sunday, July 10, 2011

Slavery vs. Socialism

Slavery vs. Socialism
I think it is appropriate to make a comparison between the problems of solving Social Security and solving slavery.  Both are terrible but were thought to be beneficial when introduced.  Both are terribly difficult to get rid of, primarily because of the benefit provided to some.  They desire to see their benefits continue regardless of damage that might be caused to others.  Social Security, medicare and all other government entitlements do not benefit everyone.  There is a high cost in dollars and principles.  Many people become enslaved in the system, their futures determined by others. Generally by beauracracy.

Getting rid of social security will be painful.  As with slavery, many things have been tried to improve the system but the pain of reality is only delayed, with the problem actually getting worse.  Sides of the argument are chosen, with some expanding the practice while others struggle to end it.  Alternatives are offered on both sides.  Smart men with great ideas offer a multitude of suggestions which are rejected. 
Years pass with no solution.  The very passage of time makes the problem worse.  As with chattel slavery of the south, the mere passing of time guarantees that more victims are involved.  Also there is a certain legitimacy granted as the institutions age, a new generation rises that know no way to manage their affairs.   The plague becomes a part of the culture.  Soon it appears that the way things are is how it has always been and the way it will always be.  It takes less time than one might think.  The bill was passed in 1935.  And yet rebellion and revolution can also seem to occur quickly and surprise the tyrant when years of compromise and debate are disregarded. 
Slavery was considered an abomination at the time of our country's founding but even that group of gifted, inspired, brave, energetic, visionary men did not have a solution to the problem.  In what I believe to be a wise choice and an example to all, those that opposed slavery tempered their objections in favor of creating bonds that would establish a nation.  The oppression of the king was a greater evil to fight so they joined as brothers and established the greatest country the world has ever seen.   Slavery was thought to be contained and the problem was passed on to another generation.  Many of those greatest of men were also slave holders and yet remain great and we are blessed for their efforts. 
What do we do now?  Is it time to face this problem?  Is there a greater evil present that forces us to ignore the problem that massive debt, social security and other entitlements present to us?  Many focus on the frauds of global warming and second hand smoke.  Those are distractions of the bored elite.  Islamism presents a problem, along with our continual state of wasr.  I don't believe that our battle against those that wish to kill us would damaged by a struggle to restore our freedoms at home and reduce our debt.  It would help clarify our liberties and the many blessings of God on our country. 
Does the argument against Social Security need to be made again?  I am a committed abolitionist so I sometimes forget that some people actually want these entitlements.  These programs are socialism and socialism does not work.  Read Bastiat or Sowell.  How can we end socialism in the United States?  Can't make everyone move to Europe to enjoy the model they wish to impose on us.  I think education is the only answer.  There is little economic education in our schools however, and the government schools are corrupted by unions and liberals who have no interest in teaching people about the morality and superiority of capitalism over socialism.  In order to end socialism I think we need change our educational system.
Once there are enough people that understand the evils of socialism we can rely on the will of the people to end it.  Along with education, a sacrifice will be required.  It won't be easy to end social security and get people off the drug of spending other people's money.  A generation of people will need to pay into the system knowing they will receive no benefit.  Other wise it is difficult to break the cycle because every person feels entitled to receive benefits from a system that they have paid in to. 
While it would be proper, it would be cold hearted to simply stop all payments and end social secuity and all other entitlements.  The disruption would be too great.  This would be like releasing all slaves in the pre-war south.  The blacks required liberty but a workable realistic solution was necessary other wise the economy would be destroyed because the engine of labor was removed.  The south understood and feared the damage that would be caused by ending slavery and clearly expressed it.  Many ideas were debated but none was put into place.  The slaves, although free, would be in a worse position if simply cast out with no rights, no property, no income, no prospects, no education, no future.  Chaos would result.  Today we acknowledge the same sort of shock to our stability if we end social security but, like the slave holders, refuse to see the price paid for that stability and its coming doomsday. Many refuse to see the scope of the problem since it is difficult to imagine a trillion dollars.  The price paid in honor and liberty has no scale by which to measure. 
We need better education.  Retirement needs to be delayed beyond the artificial setpoint of 65 years for those that are capable. If people are living longer then they should work longer. A simple fix to the budget problems that Social Security is facing would be to raise the retirement age until income equals payments. Simply balance the budget of the systems based on the taxes collected from the workers and the payments written in checks to those that can't work. In the end this would fail also but at least it would clarify to all those involved that socialism cannot suceed in anything except destroying wealth and will end in failure sooner or later. It is doomed. 
The only way to win is to put an end to social security.  The long path will work I think.  My plan is  that no one currently under the age of 55 be allowed to draw any financial benefit from our current socialist system.  That will allow everyone within 10 years of retirement the time required to make arrangments to pay for their retirement.  Those that are eligible but do not want or need the money can opt out and thus speed the recovery and participate in the revolution. Once the current recepients have died, the tax can end, with the money saved enhacing the retirement of everyone no longer tied to a government system.   The system is a ponzi scheme with each generation pawing off the cost to the next.  Somebody has to pay the bill, in effect flushing money down the toilet so that their children can be free of chains.

Friday, February 11, 2011

The Obama train

Pres. Obama called for $8 billion to be spent on high speed trains. Why? Are there crowds of people on slow trains that will get relief from faster trains? The government doesn't build trains or railroads. (Ever heard of the despised rail barons?) Why should taxpayers pay for it? THERE IS NO MONEY! You didn't hear the tea party message? Stop spending, especially for things that no body wants. Get the EPA and the DOT to approve trains and people would build them and make money. The President is clueless. If he wants a train he would say - here is a permit for construction and a business license and a promise not to collect taxes on tickets for the first three years for any and all takers. Now just need to figure out to keep the unions and lawyers out of it.

Monday, July 20, 2009

Government can't create jobs

The new RNC ad is okay, pointing out President Obama's contradicting statements but they fail to make the argument that proves why the plan will fail. Government cannot create growth and this jobs.

Sunday, January 25, 2009

Why I oppose Obama

I read a funny headline on yahoo the other day

"Obama breaks from Bush, avoids divisive stands"

You may recall that Bush came to Washington with hope of being a uniter and not a divider. I am sure that is what is referred to. Bush wasn't able to unite the parties or the people. We did get rid of Gore so I think it was probably worth tolerating the horrible No Child Left Behind and other horrendous Bush policies.

First line in the article

"Barack Obama opened his presidency by breaking sharply from George W. Bush's unpopular administration, but he mostly avoided divisive partisan and ideological stands."

First, Bush was unpopular with me because he was too liberal and he and the republicans acted just like democrats. Spent way too much of my money on things I didn't ask for. But George Bush was right on fighting islamic jihadis and for that I love him and forgive a lot of his silliness.

Bush was unpopular with people that opposed him but that is to be expected. Obama is now unpopular with me because of his divisive partisan and ideological stands.

Second, Obama is divisive and ideological. That should be clear. Perhaps he doesn't seem that way to the liberal who wrote the article because he agrees with Obama. But I agree with Bush and not Obama. From my perspective this is the end of a presidency where people tried to get along. Now we have a president who doesn't care about being nice, saying, "I won"

President Bush was never that divisive.

Now Obama calls for an end to politics, just pass the stimulus bill. The stimulus bill is stupid. Note that people only want an end to the discussion if you are going to do what they say. Its only partisan politics when you disagree. No one ever says. "okay enough of this bickering, I'll do it your way." Imagine Obama saying, "I am tired of all this arguing, I am now in favor of winning in Iraq and jailing terrorists forever on Gitmo. I just can't take the contention anymore." What would the reaction be had President Bush said, "This is not a time for politics or divisiveness, by executive order all abortions are illegal. It is a time for unity, lets all be Americans and move forward"

As evidence of partisan ideological stands I give you the Mexico City policy. Over turned the day after the 36th anniversary of Roe v Wade, this policy forbid the use of taxpayer money to fund abortion overseas. Obama removed that ban as one of his first acts as president.


Other reasons I oppose Obama:

We can use his own words against him.
Analysis of Inaugural Address: it is difficult to criticize because it is vague. I could interpret many of words favorably as they apply to history and the place of America in the world. Or they could be read as a communist declaration of "worker's paradise". I think he intended the latter, of course. Left will hear what they want without sparking the ire of the right. He declares the triumph of the individual in solving all past problems and then suggests the collective will solve all current problems. Collectivism is evil, don't forget.


Text of President Barack Obama's inaugural address on Tuesday, as delivered.
OBAMA: My fellow citizens:
I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition.
Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because we the people have remained faithful to the ideals of our forebears, and true to our founding documents.
So it has been. So it must be with this generation of Americans.
That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our health care is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.
These are the indicators of crisis, subject to data and statistics. Less measurable but no less profound is a sapping of confidence across our land — a nagging fear that America's decline is inevitable, and that the next generation must lower its sights.
Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.
On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.
On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics.
We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free and all deserve a chance to pursue their full measure of happiness.
In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of shortcuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk-takers, the doers, the makers of things — some celebrated but more often men and women obscure in their labor, who have carried us up the long, rugged path towards prosperity and freedom.
For us, they packed up their few worldly possessions and traveled across oceans in search of a new life.
For us, they toiled in sweatshops and settled the West; endured the lash of the whip and plowed the hard earth.
For us, they fought and died, in places like Concord and Gettysburg; Normandy and Khe Sanh.
Time and again these men and women struggled and sacrificed and worked till their hands were raw so that we might live a better life. They saw America as bigger than the sum of our individual ambitions; greater than all the differences of birth or wealth or faction.
This is the journey we continue today. We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when this crisis began. Our minds are no less inventive, our goods and services no less needed than they were last week or last month or last year. Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions — that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.
For everywhere we look, there is work to be done. The state of the economy calls for action, bold and swift, and we will act — not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost.
How is science not in its rightful place? Did President Bush damage science?

We will harness the sun and the winds and the soil to fuel our cars and run our factories. There is no such thing as global warming. And we will transform our schools and colleges and universities to meet the demands of a new age. All this we can do. All this we will do. All this the taxpayer will fund.
Now, there are some who question the scale of our ambitions — who suggest that our system cannot tolerate too many big plans. Their memories are short. For they have forgotten what this country has already done; what free men and women can achieve when imagination is joined to common purpose, and necessity to courage. Free men can achieve much when not shackled by government
What the cynics fail to understand is that the ground has shifted beneath them — that the stale political arguments that have consumed us for so long no longer apply. The question we ask today is not whether our government is too big or too small, but whether it works FALSE, it is far too big which is one of the reasons it doesn't work. — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Now we are into it. The purpose of government has nothing to do with finding wages, or healthcare or retirement. When government enters these realms it has gone beyond its bounds. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. Those of us who manage the public's dollars will be held to account — to spend wisely, reform bad habits, and do our business in the light of day — because only then can we restore the vital trust between a people and their government.
Nor is the question before us whether the market is a force for good or ill. Capitalism can be virtuous. Free market is always better. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control The current crisis was caused by people trying to control the market, not by a lack of oversight — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good. Welfare checks, welfare checks, stand in line to get your welfare checks
As for our common defense, we reject as false the choice between our safety and our ideals. Our founding fathers ... our found fathers, faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. Those ideals still light the world, and we will not give them up for expedience's sake. Whatever, are you referring to the Patriot Act? Just say so. And so to all the other peoples and governments who are watching today, from the grandest capitals to the small village where my father was born: know that America is a friend of each nation and every man, woman, and child (especially Muslims) who seeks a future of peace and dignity, and that we are ready to lead once more. I thought we weren't supposed to create American Empire?
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint. Tell the robber in your house that you are safe because of the justness of your cause and then see if he leaves because of your humility and restraint.
We are the keepers of this legacy. Guided by these principles once more, we can meet those new threats that demand even greater effort — even greater cooperation and understanding between nations. We will begin to responsibly leave Iraq to its people, and forge a hard-earned peace in Afghanistan. With old friends and former foes, we will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet. Can you really list nukes and a warming planet on the same scale? Are these people more afraid of carbon than Iran? We will not apologize for our way of life, nor will we waver in its defense, and for those who seek to advance their aims by inducing terror and slaughtering innocents, we say to you now that our spirit is stronger and cannot be broken; you cannot outlast us, and we will defeat you. Is he going to defeat the warming or the nukes?
For we know that our patchwork heritage is a strength, not a weakness. We are a nation of Christians and Muslims, Jews and Hindus — and non-believers. We are a nation of Christians, non-believers, Jews, Buddhists, Muslims and Hindus to be more correct. We are shaped by every language and culture, drawn from every end of this Earth; Perhaps a little but mostly by traditional western civilization, the greatest civilization on the planet. and because we have tasted the bitter swill of civil war and segregation, and emerged from that dark chapter stronger and more united, we cannot help but believe that the old hatreds shall someday pass; that the lines of tribe shall soon dissolve; that as the world grows smaller, our common humanity shall reveal itself; and that America must play its role in ushering in a new era of peace. True, because our way is the best
To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. Please end the brutal traditions of your past and we can talk about the future. Please overthrow your tyrannical governments and we can be friends. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West we will kill you — know that your people will judge you on what you can build, not what you destroy. (good line but I use the same rule against Obama. Socialism is designed to destroy, not to build.) To those who cling to power through corruption and deceit and the silencing of dissent, (is silencing dissent the same as the the call to unity, the end to debate, the end of diviseness? The fairness doctrine?) know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist.
To the people of poor nations, we pledge to work alongside you to make your farms flourish and let clean waters flow; to nourish starved bodies and feed hungry minds. And to those nations like ours that enjoy relative plenty, we say we can no longer afford indifference to the suffering outside our borders; nor can we consume the world's resources without regard to effect. What effect? For the world has changed, and we must change with it. What has changed? What change do you propose? What could you possible mean? This is either scary or just boring poetry
As we consider the road that unfolds before us, we remember with humble gratitude those brave Americans who, at this very hour, patrol far-off deserts and distant mountains. They have something to tell us, just as the fallen heroes who lie in Arlington whisper through the ages. We honor them not only because they are guardians of our liberty, but because they embody the spirit of service; a willingness to find meaning in something greater than themselves. And yet, at this moment — a moment that will define a generation — it is precisely this spirit that must inhabit us all.

This next part is especially bad. It honors the individual but the federal government has no part in the successes he refers to. Why then is it the answer to all the problems?
For as much as government can do and must do, it is ultimately the faith and determination of the American people upon which this nation relies. It is the kindness to take in a stranger when the levees break, the selflessness of workers who would rather cut their hours than see a friend lose their job which sees us through our darkest hours. It is the firefighter's courage to storm a stairway filled with smoke, but also a parent's willingness to nurture a child, that finally decides our fate.
Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends — hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism — these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility — a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task.
This is the price and the promise of citizenship.
This is the source of our confidence — the knowledge that God calls on us to shape an uncertain destiny.
This is the meaning of our liberty and our creed — why men and women and children of every race and every faith can join in celebration across this magnificent Mall, and why a man whose father less than sixty years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath.
So let us mark this day with remembrance, of who we are and how far we have traveled. In the year of America's birth, in the coldest of months, a small band of patriots huddled by dying campfires on the shores of an icy river. The capital was abandoned. The enemy was advancing. The snow was stained with blood. At a moment when the outcome of our revolution was most in doubt, the father of our nation ordered these words be read to the people:
"Let it be told to the future world ... that in the depth of winter, when nothing but hope and virtue could survive...that the city and the country, alarmed at one common danger, came forth to meet (it)."
America, in the face of our common dangers, in this winter of our hardship, let us remember these timeless words. With hope and virtue, let us brave once more the icy currents, and endure what storms may come. Let it be said by our children's children that when we were tested we refused to let this journey end, that we did not turn back nor did we falter; and with eyes fixed on the horizon and God's grace upon us, we carried forth that great gift of freedom and delivered it safely to future generations.
Thank you. God bless you. And God bless the United States of America


It is nice to have Jefferson's words completed that all men are created equal as Hugh Hewitt has written but to do so with a socialist may have been too high a price to pay

Monday, December 15, 2008

Kill the Bailout

I am glad the car bailout keeps failing. There are enough capitalist in Congress to keep it from passing by vote. President Bush has done a great job defending the country. That is his job. Running the economy is not his job. No one can do it. By trying to run the economy he is failing as President. The harder Pres. Bush tries the worse things will be and the more doors he will open for Obama. Just let the market work things out. Everything gets messed up when people that think they are smarter than millions start to pick winners and losers. "We will save this bank but not that one". That changes the rules of the game and so no one can play

Tuesday, October 28, 2008

Economic terrorism

Remember when a billion meant a lot?    

Who is more dangerous:  ACORN or bin Laden?   ACORN doesn't kill people so the question must be isolated to money.  The lives lost are a tragedy and can't be accounted for.  Who has caused America more economic damage?  

I looked into the estimates of damage done to the New York City economy on 9/11, and it comes to about $100 billion.   That is a lot of money.  

The estimates of the recent market upheaval is that something near $1 trillion has evaporated. That is a whole lot more money.  That is 10 times more money lost than on 9/11

If its true that ACORN and the liberals orchestrated this crash with bad loans then they should pay.  If Obama is their buddy then how can his recent polling numbers be above 3%?

Friday, October 03, 2008

$700 billion bailout

Pres. Bush quickly signed the $700 billion bailout today. Everyone said it was critical, it was an emergency. Also that it won't solve the problem but without it there will be disaster. I am glad that my congressman was among those that voted against it. So if this amount of money won't solve it, what will? More money?


I can only hope that more responsible legislation will follow that will limit the influence of government on the market. It is government involvement that made the mess in the first place. The reports about meddling that started at least as far back as 1999 are becoming more clear that the GSE's Fannie and Freddie and other large mortgage holders were purposefully giving loans to those that could not pay them. Without going too much into conspiracy theories I think it was done intentionally to crash the market in order to gain control. But even in more sensible terms it was a terribly ignorant thing to do.



It is also racist. Martin Luther King dreamed of a day when his children would be judged by their character and not by the color of their skin. I think this should apply to home loans as well as all other aspects of life. Some people were approved for loans because of the color of their skin rather than on their credit score. That is not helpful. It is demeaning and racist. I am in engineer and so I think of this in terms of process control. If you don't measure something then you can't control the outcome of the process. You can't improve something without measure and understanding it. Worse than that is too ignore the data you get and make random judgements. Credit rating (not just scores BTW) have been used to control the mortgage loans. To ignore that data is to ruin the process. Like trying to control the water level in the tank while ignoring the level sensor. Just throw the valve wide open, fill it quick and ignore all else.

A measurement only has value if you are going to use it. Something ignored obviously has no value. Ignoring character and judging by race is wrong. Ignoring someones history of payments or credit score in place of demographics is wrong.
Another reason this interference is a bad idea is because it interferes with the free market which should not be violated. Even smart people are not smarter than "the market". Why is that? Because many people making many decisions in their own best interest is better than one person making decisions for everyone else.


I don't know if that is what caused the housing bubble. That may have been a big contributor. That sort of things happen when people mess with the market. If you take the average house appreciation to be 7% then we're just returning to normal marketplace. If you bought a home eight years ago at $150,000, then it would be worth $256,000. And that it's exactly what a house like that is going for these days. So there hasn't been a huge market crash. It only looks bad compared to the price of that same house two years ago when it sold for $400,000. But of course, everyone knew that that wasn't real. The bubble has burst, but the market hasn't crashed. It looks like things returned to normal.

Thursday, October 02, 2008

Vote no on Budget increase

My rule is that any time you can vote for a tax reduction it should be a yes vote.  That is pretty simple but especially on anything regarding property taxes which is the worst sort of tax possible. Property tax is worse than income tax.  (Even worse than HOA fees.)  The school district is funded with property taxes.

Schools should make do with less money, just like everyone else.  Pouring more money into the system won't help it.   If there are extra needs and parents want them then they can write a check.  I agree with all the arguments that say that children need a good education and it improves society but that should have no connection with property taxes.  

Some of the other arguments however are pretty silly.  I read in the information packet that James thinks that out of date teaching materials will negatively impact the emotional health of children.   Marty thinks that a no vote is turning your back on obligation as parent or citizen.   Must be in the Biden camp that believes taxes are patriotic.  Or perhaps a religious duty.

Don't tax yourself.  Vote no

Thursday, September 11, 2008

Fannie Freddie buyout

Do I need to say anything about this? Stupid, ignorant and wasteful. This rescue proves that GSE's cannot function. Don't ever try them again. Break these companies and sell them and let's return to capitalism. Socialism is designed to destroy markets and money. It performs every time. Don't bail out the big car companies. Let them die. America can continue without the existence of GM. (capitalism works too - I will be able to buy a another car from another new manufacturer.  Time for a new one to start.) Let banks and airlines fail.   They are not so critical that taxpayers need to come to rescue they are poorly managed and not prepared for changes in the market.  It is part of how things work. Everyone will be better when they go out of business, that happens as part of creative destruction.

Isn't the purpose of a loan to make money?  Is there any chance of taxpayers making money off all these bailouts?  Will I get an employee discount for insurance, airline tickets or car purchase from all these welfare handouts to businesses?

The most poorly managed, out of money, shortsighted, broken backwards corporation in the world is the US government.  What happened to all the cries about the dangerously large deficit?  What is now $400 billion?  There is no money to be giving out to companies.  It is fiction.

Friday, June 20, 2008

Barack on the economy, carbon etc

A couple comments:

The economy is not in recession. Many economic indicators are up.

The oil prices are just a bubble. There is no shortage. It is just speculation driving prices. I bet it won't last as long as the housing bubble. And likely crash harder

Barack Obama is mourning the loss of money spent in Iraq that could have been used to make a car that gets better gas mileage. Check your Constitution buddy. It allows for war but not for research projects. He doesn't want to drill for oil because that won't help. But I have to write a separate post on that.

Besides Global Warming is a hoax, nothing but green communism.

Drill now. Drill in ANWR. Drill off shore. Get the oil shale. There is no oil supply shortage in the US. The only problem is that congress has placed so much out of reach. I wonder about the legalities behind that. How does one go about purchasing a piece of coastal shelf on which to drill? Why does DC own it?

Carbon is not the enemy. Carbon Dioxide is not a pollutant. Carbon is the fourth most abundant element in the universe according to Wiki. You aren't going to rid of the stuff. Politicians and environmentalists should speak more precisely about carbon when they refer to carbon credits, carbon footprint etc in my opinion. Carbon is not the same as carbon dioxide any more than sodium is the same as sodium chloride. Some things you can eat and others you can't.

Thursday, May 01, 2008

Budget and taxes

Over 52 cents of every dollar spent on socialist programs like social security, welfare education etc .
42 cents of every dollar is spent on defense including veteran’s benefits and military debt interest and the Iraq war etc.
(Total is rounded out with roughly 5% on general government expenses)

We should cut federal spending in half by eliminating all socialist programs.

Wednesday, April 30, 2008

Wednesday, May 03, 2006

Oil Conspiracy - price fixing revealed

Powerful groups are working against America. Powermongers and lobbyists have conspired to push up oil prices. They have schemed to prevent new oil from coming to market. They have rallied around oil industry chokepoints and hindered all attempts to build new refineries. They have isolated oil rich areas, keeping them hidden and undeveloped in order to increase power of foreign oil.

But you can fight back against this dark mob.

Vote them out of Congress and elect people who understand economics

Wednesday, April 26, 2006

Gas Price Investigation

Terry Goddard wants to begin investigation into high prices and gouging. Silly man, there is no suh thing as gouging. Price controls mean shortages. If something is cheap than people buy a lot. The cause of shortages is bad legislation. Poor government has created the problem. More ill government will not solve it.

Great column on opinionjournal.com about prices and the messed up republicans
http://www.opinionjournal.com/editorial/feature.html?id=110008286

We need to reduce gas taxes, open more drilling and build more refineries and eliminate the EPA to get rid of high prices.