Believe it, or don’t…

Obama tells UN leaders world has dodged depression

The Chief hopes this is right but…skepticism remains.

President Barack Obama is calling on world leaders to support new efforts to bring about peace in the Mideast,…

Ah, yes…peace in the mid-east. Of course with Ham-ass and the Hezballers still dedicated to the total destruction of Israel, this remains problematic, at best. As far as B.O.’s fulminations on the topic…the phrase “poor situational awareness” comes to mind…unless of course, he is a crypto anti-semite who looks forward to a “final solution” to the problem of Israel.

…while declaring the global economy has been “pulled back from the brink of a depression.”

Hmmm. If you put $1 with that it would get you a can of pop, but the Chief would submit that the jury is still out on this one. There hasn’t been any flood of coverage on Greece, Spain, Ireland, Italy, etc. correcting their out of kilter financial and economic blues. Anecdotally, a friend who 2 months ago went to Brazil to take on an engineering exploration job with Petrobras, the Brazilian national oil company (with was just given $2B by the Obamacrats for exploration) was released and sent packing as part of a 25% workforce reduction.

Yep! Things are looking up all over. (At least Germany and Russia are looking up… but they ruthlessly cut deficits and stimulus spending. Russia’s 13% flat tax is doing wonders for getting things going economically in the post-Soviet era.)

Obama, visiting the United Nations where world leaders are gathered, says “America has joined with nations around the world to spur growth and renewed demand that could restart job creation.”

One supposes that maybe he’s talking about stuff like the money paid to Brazil to create jobs in their oil industry, along with a similar $2B payment to Mexico to expand THEIR drilling in the Gulf (while our drilling is halted? WTF!?)

That statement DOES make sense if the policy he has in mind is to CUT the US economy, in order to support a global redistribution of jobs in the interest of international social justice, or some such ideology. (Nah…surely not Obama?)

SD Job Losses Projected from B.O. Tax Hikes

This is a fairly serious article on the economic impact of the Obamunist program of tax hikes that are planned for us. In the words of the Warren Zevon song: “It ain’t too pretty at all.”

Obama Tax Hikes: The Economic and Fiscal Effects

Since 1996, Congress after Congress has voted to lighten the tax burden on Americans. The current Congress will decide this fall whether to continue this policy or to significantly raise personal income taxes. President Obama has advanced a plan that reverses the long-standing successful policy: The President and his supporters are calling for tax increases, primarily on upper-income taxpayers and businesses— including small businesses, the primary job creators in the country. Those who will be most burdened if this plan becomes law are the millions of Americans just starting their economic lives and the millions more trying to find work after the worst recession in 60 years. The rest, whose lives are affected by the investments and business decisions of those taxpayers in the high-income classes, will share the burden. No income earner will be unscathed.

…or, to carry the lyrical comparison a bit farther with Rod Stewart’s “Every picture tells a story, don’t it?”:


Click on image for larger version.)

So…South Dakota looks to take a hit from all this…estimate job losses from this tax hike of 1820-2320 jobs lost per year, from 2011 through 2020. Oh, joy.

There are a lot more gory details in the article, on how these tax increases are NOT the way to grow the economy, but they ARE a dandy way of the Washington “progressive” establishment to increase its power over us.

At least if taxes are raised, they can be cut again…eventually…perhaps not until after 2012.

Orwellian Editing by B.O.

Revisionist Recitation: Obama Omits ‘Creator’ While Quoting Declaration

Towards the end of a speech on September 15 to the Congressional Hispanic Caucus Institute, Obama began quoting the famous “rights” line from the founding document. But partway through, he omitted where those rights come from: a Creator.

The line is supposed to read: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

But Obama’s recitation left out an important part: “We hold these truths to be self-evident, that all men are crated equal. [Long Pause] Endowed with certain inalienable [sic] rights: life and liberty, and the pursuit of happiness.”

So what’s the big deal about? If our unalienable rights (as stated in the Declaration…not inalienable as stated by the alleged Constitutional scholar) do not come from the Creator, then they come from where? Inevitably from the organization of the state, and if that’s the case, amen to the rights, for what the state gives, the state can take away!

In the first 126 words of the Declaration, there are 5 fundamental principles that are the underpinnings of the American republic:
- there is a Creator
- He gives us unalienable rights
- there is a moral law that governs man
- government exist to protect the rights He gives
- below the God-given rights, rule is by the consent of the governed

All of those are dependent on the rights obtained from the Creator: what the Creator gives, no man, nor no human agency can take away. In the world of B.O. that would never do…then the transformational change we can {had better) believe in (or else!) could never happen.

Presidential Disingenuity

This is the latest example of B.O.’s continuing disingenuous criticism of Republican “obstructionism”. Frankly the Chief is really tired of hearing this sort of attack…like the GOP should roll-over and rubber stamp whatever he proclaims as being The Truth.

Obama: GOP Holding Tax Cuts “Hostage”
President Urges Congress to Approve Extension of Middle Class Tax Cuts from Bush Era for Families Making Less Than $250,000

President Obama is applauding two Republican senators who voted for a small business bill and says he’d welcome that kind of cooperation on the divisive issue of extending tax cuts for the middle class.

Mr. Obama thanked Republicans George Voinovich of Ohio and George LeMieux of Florida for voting to move the bill closer to final passage. Speaking in the Rose Garden after a Cabinet meeting Wednesday, Mr. Obama urged lawmakers to approve an extension of Bush-era tax cuts for middle class families making less than $250,000 a year.

After praising these two Republocratic Demmicans for being properly submissive to the proclaimed will of The One, B.O. went on with one of his favorite complaints against the opposition:

Mr. Obama says Republicans should stop holding those tax cuts “hostage.”

This was originally, and continues to be one of the most puzzling political statements one can ever encounter. Let’s do some simple arithmetic.

The House of Representatives currently contains 434 members (with one vacant seat). This is comprised of 256 Democrats, and 178 Republicans. The Senate seats are currently held by 57 Democrats, 41 Republicans, and 2 Independents. Even without using a calculator or computer, it is readily apparent that there are significantly more Democrats than Republicans in both houses.

After careful examination of my trusty pocket Constitution, I see nothing there that prevents majority rule from operating in either of the houses of Congress. If President B.O.’s halo of political glory is not enough to persuade even his own party members from supporting his often ill-conceived legislative and policy initiatives, then what reason does he have to blame the GOP? All he needs to do is to have his partisan legislative satraps drum up enough loyal Democrats and he would be able to pass anything he wanted…oh, yeah, enough loyal Democrats to support his agenda…not any more.

In the case at hand the bone of contention concerns whether or not to kill the so-called Bush tax-cuts, which is worth commenting on in itself:

“They want to hold these middle class tax cuts hostage until they get an additional tax cut for the wealthiest 2 percent of Americans,” Mr. Obama said. “We simply can’t afford that.”

This statement, on its face, is false. According to B.O. he so called wealthy are those with $250K or more of income. While the Chief concedes that that certainly seems to be greatly more than he has had the chance to appreciate in his life, it must be recognized that a significant number of small businesses that are not incorporated are included in this group, and pay income tax on their legal BUSINESS as legal INDIVIDUALS.

Given the continued stubborn lack of employment to respond as predicted to the massive Keynesian bout of trillion dollar stimuli, throwing a de facto tax increase onto these small businesses, that historically create the most jobs, is the LAST thing needed to help relieve unemployment. Also of dubious veracity is the shot about affording this tax cut, ignoring the dynamic that repeatedly increases net government revenue as marginal tax rates are reduced…but why quibble with reality, when there’s an need for some way invent another political stick to flail the opposition in response to diving poll numbers and fading electoral hopes.

T.A.N.S.T.A.A.F.L.

(If necessary see this link on TANSTAAFL.)

Received via an e-mail newsletter, and shamelessly forwarded for your edification. (IMHO Walter Williams is EXCELLENT!)

Something for Nothing
By Walter E. Williams

Perhaps the most difficult economic lesson is that we live in a world of scarcity and everything has a cost. Scarcity exists whenever human wants exceed the means to satisfy those wants. For example, Rolls-Royce produces less than 4,000 cars a year but it’s a safe bet that more than 4,000 of the Earth’s 6.5 billion people want a Rolls-Royce. That means Rolls-Royces are scarce. But it’s not just Rolls-Royces that are scarce. It’s clothing, food, land and most anything a human would want. There’s not enough to meet every single want.

Scarcity means there’s no free lunch. Having more of one thing requires having less of another. You might say, “Williams, that’s where you’re wrong. Someone gave me this newspaper and I’m reading your column for free!” Not true. If you weren’t spending time reading my column, you might have spent the time reading something else, chatting with your wife or children, or going out for a jog. You’re reading my column for a zero price but you’re not doing so at zero cost. You have to sacrifice something. There are zero-price services such as “free libraries,” “free public schools,” “free transportation” and free whatever. It doesn’t mean that costs are not being borne by somebody. [emphasis added]

The vision of getting something for nothing, or getting something that someone else has to pay for, explains why so many Americans are duped by politicians. A congressional hoax that’s flourished for seven decades is the Social Security hoax that half of the Social Security tax (6.2 percent) is paid by employers, the other half (6.2 percent) paid by employees. The law says that if you are self-employed, you get to pay both halves. The fact of the matter is whether you’re self-employed or not, you pay both halves of the Social Security tax that totals 12.4 percent. Let’s look at it.

Suppose you hire me and our agreed-upon weekly salary is $500. From that $500, you’re going to deduct $31 as my share of the Social Security tax and you’re going to add $31 as the so-called employer’s share, sending a total of $62 to the IRS. Here’s the question: What is the weekly cost for you to hire me? I hope you answered $531.

The next question is: In order to make hiring me profitable, what must be the minimum dollar value of my contribution to your total output? If you said $531, go to the head of the class because if the value of my contribution to total output is only our agreed-upon salary of $500, you’re making losses hiring me and you’re going to be out of business soon. Therefore, if I am producing $531 worth of value per week, it is I who’s paying the so-called employer as well as the employee share. The reason why Congress created the fiction of the employer share was to deceive us into thinking that we’re paying fewer taxes than we in fact are.

By the way, all those other nonwage benefits that a worker receives are in fact paid for by the worker such as health insurance, retirement benefits and childcare services. Without these nonwage benefits, money wages would be higher. During WWII, Congress imposed wage and price controls making it illegal for companies to compete for employees by offering higher wages. That’s when we saw many companies start to offer nonwage benefits, such as health insurance, as a means of competing for employees.

Nonwage benefits turn out to be good for the employee because, for the most part, he pays no taxes on them. In other words, if the employer paid the worker the cash value of, say, health insurance as wages, the worker would have to pay income taxes on it and then go out and buy health insurance.

The bottom line lesson is that if you think you’re getting something for nothing, or somebody else is paying for something you receive, you’d better give it another look. [emphasis added]

Don’t Let it Bug You

Cockroaches could help combat MRSA and E.coli

Cockroaches and locusts contain powerful antibiotic molecules in their brains that could be used to develop new treatments against MRSA and E-coli, scientists have discovered.

Scientists at Nottingham University found that the insects, which are widely reviled for their dirty image, could actually be more of a health benefit than a health risk.

They have identified up to nine different molecules in the tissues of cockroaches and locusts that are toxic to bacteria and they hope will pave the way for new treatments for multi-drug resistant bacterial infections.

Who would have guessed?

THIS is Change that we can REALLY use!

As usual…another case of the London Telegraph going where no US mainstream media has dared to venture.

Obama could kill fossil fuels overnight with a nuclear dash for thorium

If Barack Obama were to marshal America’s vast scientific and strategic resources behind a new Manhattan Project, he might reasonably hope to reinvent the global energy landscape and sketch an end to our dependence on fossil fuels within three to five years.

What’s not to like about this one? Well, it IS kind of disconcerting to be in a position to [potentially] supporting an Obama initiative…but then again, it hasn’t happened yet, and since it depends on the other (technological) n-word (nuclear), the Chief is willing to be that B.O. will be no more likely to adopt this than he would be to embrace the original n-word.

There is no certain bet in nuclear physics but work by Nobel laureate Carlo Rubbia at CERN (European Organization for Nuclear Research) on the use of thorium as a cheap, clean and safe alternative to uranium in reactors may be the magic bullet we have all been hoping for, though we have barely begun to crack the potential of solar power.

Dr Rubbia says a tonne of the silvery metal – named after the Norse god of thunder, who also gave us Thor’s day or Thursday – produces as much energy as 200 tonnes of uranium, or 3,500,000 tonnes of coal. A mere fistful would light London for a week.

Thorium eats its own hazardous waste. It can even scavenge the plutonium left by uranium reactors, acting as an eco-cleaner. “It’s the Big One,” said Kirk Sorensen, a former NASA rocket engineer and now chief nuclear technologist at Teledyne Brown Engineering.

“Once you start looking more closely, it blows your mind away. You can run civilisation on thorium for hundreds of thousands of years, and it’s essentially free. You don’t have to deal with uranium cartels,” he said.

Ooops. What would happen to the “uranium cartels”, to say nothing of the vast, wealthy, and dare one say influential oil iindustry? Anyone else think there may just be a BIT of opposition to this from those locations? (I’m just saying…you know?) As an object lesson in support of this observation:

You might have thought that thorium reactors were the answer to every dream but when CERN went to the European Commission for development funds in 1999-2000, they were rebuffed.

Brussels turned to its technical experts, who happened to be French because the French dominate the EU’s nuclear industry. “They didn’t want competition because they had made a huge investment in the old technology,” he said.

C’est la vie.

After explaining some of the technical aspects of thorium energy, and the prospects of at least one privately financed effort underway (in Norway), the piece from the Telegraph concludes:

Nuclear power could become routine and unthreatening. But first there is the barrier of establishment prejudice.

When Hungarian scientists led by Leo Szilard tried to alert Washington in late 1939 that the Nazis were working on an atomic bomb, they were brushed off with disbelief. Albert Einstein interceded through the Belgian queen mother, eventually getting a personal envoy into the Oval Office.

Roosevelt initially fobbed him off. He listened more closely at a second meeting over breakfast the next day, then made up his mind within minutes. “This needs action,” he told his military aide. It was the birth of the Manhattan Project. As a result, the US had an atomic weapon early enough to deter Stalin from going too far in Europe.

The global energy crunch needs equal “action”. If it works, Manhattan II could restore American optimism and strategic leadership at a stroke: if not, it is a boost for US science and surely a more fruitful way to pull the US out of perma-slump than scattershot stimulus.[Emphasis added]

Even better, team up with China and do it together, for all our sakes.

The Chief concurs.

Thoughts to Consider

“I’m 63 and I’m Tired” by Robert A. Hall

This was received from an e-mail correspondent. A bit of checking verified the source and provenance. Although it’s been out there for a while, IMHO this is unfortunately a pretty good summary of a lot of what’s going on these days, so I offer it for your possible edification:

I’m 63. Except for one semester in college when jobs were scarce and a six-month period when I was between jobs, but job-hunting every day, I’ve worked, hard, since I was 18. Despite some health challenges, I still put in 50-hour weeks, and haven’t called in sick in seven or eight years. I make a good salary, but I didn’t inherit my job or my income, and I worked to get where I am. Given the economy, there’s no retirement in sight, and I’m tired. Very tired.

I’m tired of being told that I have to “spread the wealth” to people who don’t have my work ethic. I’m tired of being told the government will take the money I earned, by force if necessary, and give it to people too lazy to earn it.

I’m tired of being told that I have to pay more taxes to “keep people in their homes.” Sure, if they lost their jobs or got sick, I’m willing to help. But if they bought McMansions at three times the price of our paid-off, $250,000 condo, on one-third of my salary, then let the left-wing Congress-critters who passed Fannie and Freddie and the Community Reinvestment Act that created the bubble help them with their own money.

I’m tired of being told that I have to pay more taxes to “keep people in their homes.” Sure, if they lost their jobs or got sick, I’m willing to help. But if they bought McMansions at three times the price of our paid-off, $250,000 condo, on one-third of my salary, then let the left-wing Congress-critters who passed Fannie and Freddie and the Community Reinvestment Act that created the bubble help them with their own money.

I’m tired of being told how bad America is by left-wing millionaires like Michael Moore, George Soros and Hollywood Entertainers who live in luxury because of the opportunities America offers. In thirty years, if they get their way, the United States will have the economy of Zimbabwe , the freedom of the press of China , the crime and violence of Mexico , the tolerance for Christian people of Iran , and the freedom of speech of Venezuela .

I’m tired of being told that Islam is a “Religion of Peace,” when every day I can read dozens of stories of Muslim men killing their sisters, wives and daughters for their family “honor”; of Muslims rioting over some slight offense; of Muslims murdering Christian and Jews because they aren’t “believers”; of Muslims burning schools for girls; of Muslims stoning teenage rape victims to death for “adultery”; of Muslims mutilating the genitals of little girls; all in the name of Allah, because the Qur’an and Shari’a law tells them to.

I’m tired of being told that “race doesn’t matter” in the post-racial world of Obama, when it’s all that matters in affirmative action jobs, lower college admission and graduation standards for minorities (harming them the most), government contract set-asides, tolerance for the ghetto culture of violence and fatherless children that hurts minorities more than anyone, and in the appointment of U.S. Senators from Illinois.

I think it’s very cool that we have a black president and that a black child is doing her homework at the desk where Lincoln wrote the Emancipation Proclamation. I just wish the black president was Condi Rice, or someone who believes more in freedom and the individual and less arrogantly of an all-knowing government.

I’m tired of a news media that thinks Bush’s fund-raising and inaugural expenses were obscene, but that think Obama’s, at triple the cost, were wonderful; that thinks Bush exercising daily was a waste of presidential time, but Obama exercising is a great example for the public to control weight and stress; that picked over every line of Bush’s military records, but never demanded that Kerry release his; that slammed Palin, with two years as governor, for being too inexperienced for VP, but touted Obama with three years as senator as potentially the best president ever. Wonder why people are dropping their subscriptions or switching to Fox News? Get a clue. I didn’t vote for Bush in 2000, but the media and Kerry drove me to his camp in 2004.

I’m tired of being told that out of “tolerance for other cultures” we must let Saudi Arabia use our oil money to fund mosques and madrassa Islamic schools to preach hate in America , while no American group is allowed to fund a church, synagogue or religious school in Saudi Arabia to teach love and tolerance.

I’m tired of being told I must lower my living standard to fight global warming, which no one is allowed to debate. My wife and I live in a two-bedroom apartment and carpool together five miles to our jobs. We also own a three-bedroom condo where our daughter and granddaughter live. Our carbon footprint is about 5% of Al Gore’s, and if you’re greener than Gore, you’re green enough.

I’m tired of being told that drug addicts have a disease, and I must help support and treat them, and pay for the damage they do. Did a giant germ rush out of a dark alley, grab them, and stuff white powder up their noses while they tried to fight it off?  I damn sure think druggies chose to take drugs. And I’m tired of harassment from cool people treating me like a freak when I tell them I never tried marijuana.

I’m tired of illegal aliens being called “undocumented workers,” especially the ones who aren’t working, but are living on welfare or crime. What’s next? Calling drug dealers, “Undocumented Pharmacists”? And, no, I’m not against Hispanics. Most of them are Catholic, and it’s been a few hundred years since Catholics wanted to kill me for my religion. I’m willing to fast track for citizenship any Hispanic person, who can speak English, doesn’t have a criminal record and who is self-supporting without family on welfare, or who serves honorably for three years in our military…. Those are the citizens we need.

I’m tired of latte liberals and journalists, who would never wear the uniform of the Republic themselves, trashing our military. They and their kids can sit at home, never having to make split-second decisions under life and death circumstances, and bad mouth better people than themselves. Do bad things happen in war? You bet. Do our troops sometimes misbehave? Sure. Does this compare with the atrocities that were the policy of our enemies for the last fifty years and still are? Not even close. So here’s the deal. I’ll let myself be subjected to all the humiliation and abuse that was heaped on terrorists at Abu Ghraib or Gitmo, and the critics can let themselves be subject to captivity by the Muslims, who tortured and beheaded Daniel Pearl in Pakistan, or the Muslims who tortured and murdered Marine Lt. Col. William Higgins in Lebanon, or the Muslims who ran the blood-spattered Al Qaeda torture rooms our

troops found in Iraq, or the Muslims who cut off the heads of schoolgirls in Indonesia, because the girls were Christian. Then we’ll compare notes. British and American soldiers are the only troops in history that civilians came to for help and handouts, instead of hiding from in fear.

I’m tired of people telling me that their party has a corner on virtue and the other party has a corner on corruption. Read the papers; bums are bipartisan. And I’m tired of people telling me we need bipartisanship. I live in Illinois , where the “Illinois Combine” of Democrats has worked to loot the public for years. Not to mention the tax cheats in Obama’s cabinet.

I’m tired of hearing wealthy athletes, entertainers and politicians of both parties talking about innocent mistakes, stupid mistakes or youthful mistakes, when we all know they think their only mistake was getting caught. I’m tired of people with a sense of entitlement, rich or poor.

Speaking of poor, I’m tired of hearing people with air-conditioned homes, color TVs and two cars called poor. The majority of Americans didn’t have that in 1970, but we didn’t know we were “poor.” The poverty pimps have to keep changing the definition of poor to keep the dollars flowing.

I’m real tired of people who don’t take responsibility for their lives and actions. I’m tired of hearing them blame the government, or discrimination or big-whatever for their problems.

Yes, I’m damn tired. But I’m also glad to be 63. Because, mostly, I’m not going to have to see the world these people are making. I’m just sorry for my granddaughter.

Robert A. Hall is a Marine Vietnam veteran who served five terms in the Massachusetts State Senate.