Wednesday, November 26, 2008

Hang Paulson

It is time to hang Henry Paulson. Let us not screw around with formalities. We need to hang this nimrod on the White House lawn at high noon. This guy makes Benedict Arnold look like an ally.

We are in the hole for another $800 billion this week. This after he already got the $700 billion from Congress a couple of months ago. What the hell happened to that money? Seems in our elected officials infinite wisdom, they gave him the money without any requirements to account where it went. I think we can officially call the members of Congress "dumbasses". What, are you stupid? You are going to give anyone that kind of money without an accounting of where it is going. And these people think they are capable of making decisions about the banking and the automobile companies by taking over part of them.

The corruption is oozing out of every pore of this situation. All the Wall Street types know each other. They are taking care of each other. Where they are exposed, an ex-Wall Streeter, Paulson, covers for them. It seems the Goldman connection runs deep. And them we have Congress which is the biggest bunch of thieves, liars, and idiots every created. They will stand up to the corrupt until someone dangles a campaign donation in front of them. Then all is forgotten.

It amazes me that the same people who created this economic mess are the ones that are being put in charge of saving it. What the hell kind of logic is this? Have we all lost our mind? The people we elected to watch over our interests are asleep at the wheel. It is time to take this to the next level. The way things are going, we are going to see violence rise in the areas that are most affected. I am going on record in predicting there will be a mass uprising within the next 5 years. America is not going to be able to take the chaos that is coming its way. This is a simple fact.

It is time to take responsibility for yourself. Anyone who puts his or her faith in the government is going to get screwed like all the others who made that mistake. On that note, enjoy your Thanksgiving before the government takes that away for being a holiday that is prejudiced and insensitive.

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The Automaker Bailout II

These nimrods are going to try for the money in the first part of December. Sadly, much of this situation could be avoided if only the union would be flexible. Of course, those greedy bastards will never agree to anything that reduces their power (just like the corrupt people in Congress). Before the government authorizes one cent to the Big Three, they ought to require they set up all plants like this.

Watch this video to get the skinny on what is possible.

Unfortunately, you will never see this happen in the United States. The three headed terror of Pelosi, Reid, and Obama are drooling over the idea of strengthening the unions. I can only presume they are intent on bankrupting the entire industry. Unions show all that is wrong with this country. Talk about a group that advocates no personal responsibility.

Consider the areas that the unions have the most influence: automobile manufacturing, airlines, and government. And what areas are the most screwed up: automobile manufacturing, airlines, and government. This shows they are at the core of much of the failure in this country.

Well, the only thing I can say about the UAW is that they will not have to renegotiate their contracts with these idiots in charge. However, when the manufacturers are out of business, they will be getting a paycheck of a big fat ZERO. I, for one, will applaud that day.

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Wednesday, November 19, 2008

Too Stupid To Vote?

This past election showed how stupid people really are. It is sad that the intelligence level of the average voter dropped so low. I guess it is a symbol of how pathetic the election process has gotten in this country.

It is no secret that the mainstream media was in the tank for Obama. We are seeing signs of those biased outlets admitting that perhaps their coverage was slanted towards Obama. Gee that is a major revelation.

Before going any further, this article will not make the claim that all Obama voters are stupid. They are not. There are many who believe in his philosophies while claiming to know what he stands for. Yet, with such slanted coverage, how can anyone be sure they know what he is all about.

John Ziegler of Zogby is putting together a documentary "Media Malpractice... How Obama Got Elected". It is based upon his results of interviews with dozens of Obama voters. He asks a series of questions designed to determine the knowledge level of these people about that campaign. A preview can be see here.

The right to vote is something that is guaranteed to those in this country. However, I must say that there are some who are just too dumb to vote. If you cannot make an informed decision, you ought to stay home. We ensure people can operate a vehicle before we give them a driver's license. Therefore, we should determine if someone has basic political brain function before giving them a voter registration card.

Before getting all up in arms that I am being unfair, notice in the film that they asked tough questions like "What do you think of Nancy Pelosi" or "Do you know who Barney Frank is". These are not exactly obscure people. Also, during the campaign, both of their names came up as major players in some of the recent events. Yet these people cannot even identify who they were.

These people are political morons. They have no ability to decide anything on their own. The only basis for their votes is what the mainstream media tells them. Well, since the major networks and papers were for Obama, with some giving him 80% favorable coverage, it is no wonder these idiots thinks he can walk on water. Again, these people have no business being in a voting booth.

I propose minimum requirements that people need to meet in order to vote in Presidential elections. This is not something that is too much to ask. The lives of the other 300 million people rest upon the knowledge of the rest of the field voting. This election showed one thing: that many people are simply to stupid to vote.


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Tuesday, November 18, 2008

Obama's Promises

Here is a list of Obama's campaign promises.  We will check to see how many he actually fulfills.  My bet is that he fails to complete at least 75% of them.



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Paulson Needs To Be Stopped

Our fearless financial leaders are on Capitol Hill testifying before members of Congress about the bailout package. There appears to be some dispute as to what the goal of the bailout was for. Paulson and Bernake are intent on providing all the money to the banking system. They say it is the only way to stem the housing loses-access to cheaper rates. Are they for real?

Click here to see a writeup of their meeting.

I make no bones about ever being a fan of Barney Frank. To me, he is one of the most corrupt people in Washington. Anyone who was sleeping with the head of an organization that cost the taxpayers billions when it was his job to oversee that enterprise deserves to be locked up.

That being said, I will admit to siding with Frank on this one. The only way the housing crash will slow is to stop the absurd foreclosure rate that we are seeing. With more houses coming onto to an already oversupplied market, prices are going to continue to drop as people fire sale them off. Also, each foreclosure that is auctioned off brings down the value of every other house in that neighborhood. This common sense approach evidently bypassed Paulson.

A portion of that $700 billion needs to go to helping the homeowners remain in their homes. If the Feds will take $300-$400 billion of it to secure some of these loans, then a floor on housing will be established. Instead, they are intent on giving the money back to Wall Street which is still desiring their huge bonuses. This is another failed policy which is being followed.

Henry Paulson needs to be stopped. This right winger (I usually abuse the left but the right warrants it here) is going to further destroy this economy. This is no different than giving the automakers billions so that they can continue their same losing ways. It only delays the inevitable.

What is going to happen? I believe we will see a time when there are so many vacant houses that people start squatting in them. We already have millions of homes nationwide that are sitting empty. Without the government setting a floor for them, we are going to see this number rise drastically. In the end, those who are paying their mortgages are going to suffer anyway. The forces that are in play will not be stopped by cash infusions into losing policies. Yet, that is all we are getting.

The Revolution is getting closer. Each day brings news of more destruction to sound ideals. In the end, it is up to the people to put a stop to this madness. The time will come.



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What Drives Economies

Do you think that any of the idiots who we elected to office have any clue what actually drives an economy?  Of course they do not.  Nancy Pelosi, Barack Obama, and Harry Reid are completely clueless when it comes to matters that affect business.  Mark my words, their ideas are going to turn an already terrific situation into a catastrophic one.

As I write this, the panhandlers from the auto industry are on Capital Hill begging for billions to save their asses.  This includes the leaders of the unions.  They want to suck all they can from the taxpayers just like the greedy executives on Wall Street did with the $700 billion bailout money they received a month ago.  Of course, since that crook Paulson is in charge, we have no idea where the money went.

We are going to see an expanding of the mandates the Federal government is going to require.  The Revolution knows it is time to start gearing up.  We are nearing the Great Depression II and these idiots have no clue as to why.

Let me ask you a question:  why did China emerge as a developing nation over the last 10 years?  The answer: cheap labor.  We started to produce things over there since the cost of labor was peanuts compared to here.  History shows that money always flows where labor is cheap.

The auto industry shows this also.  Why are the Japanese manufactures better able to handle this crisis?  Because their labor is cheaper when you take into account the absurd contracts the Big Three agreed to with the UAW.  These companies should be in bankruptcy all because labor wanted more.

We are going to see mandates on healthcare which will raise costs for businesses.  Also, the unions will gain more power with the anticipated passing of the Employee Free Choice Act.  This piece of garbage (I mean legislation) will return us to a 1930s style of labor.  People will be intimidated into signing for union representation when they don't want it.  This will be the nail in many businesses coffin.

How is this all going to play out? It is really simple.  Those businesses which have the opportunity will move more of their services offshore.  We saw this trend emerge over the last 20 years and it will increase.  Markets like India, China, and other Asian nations provide labor at a fraction of the cost.  Why deal with the union when you can eliminate all headaches by heading overseas.

Then there are the companies which do not have this as an option.  What do they do?  They simply go out of business.  The one thing Obama and his cronies missed is that labor is the largest expense most businesses have. Often, when things get tight, the best solution is to lay people off.  Drastic reductions in payroll will allow companies to become more successful in the long term.  They are stronger entities when they "turn the corner".

The policies that will be implemented by the Big Three Morons (Pelosi, Reid, Obama) will give the unions more power.  Thus, the option of getting rid of people will be removed.  Let me ask you, if there is a slowdown in business, do you think that a company can make up for the losses by cutting back on the number of pencils?  Of course not.  Without the option of reducing the payroll, companies are going to be forced to close.

Many are anticipating 8% unemployment over the next few years.  I think this is too low.  There are going to be hundreds of thousands of small businesses forced out by the policies of these three Morons.  I figure we will experince close to double digit unemployment by 2011.  This could be sped up if they have a really active first 100 days.  Then, we might see this wonderful time by the middle of 2010.

History backs up all these arguments against what they are doing.  The defenders of government handouts point to the fact that Reaganomics caused this problem.  Certainly that was a part of it.  The supply siders are just as much at fault.  However, the answer is not overregulating and overmandating the private sector.  This will eliminate jobs not create them.

One final thought:  I find it humerous when the politicians talk about creating jobs.  They have no clue how to create a job other than to expand the government payroll.  Cheap labor is what fuels growth.  Any policies that increase the burdon of business having access to this commodity will lead to the destruction of that system.  Just look at communism to see the fallacy in that belief. 



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Mark Cuban-Corrupt?

Like other blogs, I am not going to turn this into a "Mark Cuban Bashing Session". It seems that many out there are ready to convict him based upon an indictment for insider trading. At this point, nobody can say what happened. As a believer in the foundation our forefathers established, Cuban is innocent until proven guilty. His day in court will come.

The reason I refer to this situation is it, once again, shows the corruption that can occur among the powerful. Naturally, this is a different situation than my writings about politicians since Cuban operates in the private arena. He was not entrusted to represent the public in any position.

We see this a lot in private business. Recently, we had Martha Stewart and Ken Lay who were found guilty of manipulating the markets. This is a corrupt act which needs to be punished. If Cuban is guilty, I hope they punish him to the full extent of the law.

Sadly, we cannot punish our elected officials in the same way. Sure, we can get a Ted Stevens for taking what amounts to bribes. However, there are safeguards in place which immune our leaders from prosecution if they are acting in an official capacity. A CEO can be convicted for providing false information to the public shortly before the stock tanks yet the same is not true for Barney Frank. This occurred with Fannie Mae over the summer. Frank told everyone how sound this organization was. A couple of months later the government had to take them over. This piece of garbage ought to be in court to answer for his actions.

The powerful have always been corruptable. Our form of government provided the best defense against any one person assuming too much control. The three branches of government is designed to ensure "oversight" by each one. Yet, it fails when all three are corrupt. That is the situaiton we have now. It is time to take this in a new direction.



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