Tuesday, January 31, 2012

Uruguay - Another Socialist Economic Basket Case

As this Blogger journeys through South America, I have come to Uruguay, another Socialist economic basket case.  Uruguay is a small nation, with about 3.5 million people, primarily of European decent, that used to be a fairly wealthy country.   That was before years of Fascist Dictators and the current President, Jose Mujica, a former Communist, who now claims he is a governing Socialist.   Since being elected and taking office in 2010, Mujica has moved to redistribute income in the name of social justice.   To do so, Mujica has raised all sorts of taxes on the rich and the middle class to provide welfare and food stamps to the poor.   Sound familiar. 

As a result, Uruguay is a drab nation with no future.   Health care and university education are "free", sort of.   Middle Class and rich people, with money, do not use the public hospitals because they are so bad.  Instead, they subscribe to private hospitals by paying a monthly premium and fee for service health care.   University education is free, except that the middle class and rich, must pay the state back over 25 years for the education they receive for "free". 

That money is put into a "Solidarity Fund" to pay the poor to go to university, rather than work during those years.  This Blogger worked all the way through university.   Go figure.  All high school graduates can attend the one and only university in Uruguay.  There are no qualification requirements in this totally egalitarian society.

The effect of Uruguay's Socialist Schemes is that the country's population is shrinking.   Young people in the Middle Class and the rich are leaving Uruguay, so much so, that the government is attempting to encourage immigration because the population continues to age as young people leave for greener pastures.   There are a few wealthy areas of Montevideo, Uruguay's capital of 1.5 million people; but none of the homes would compare with other Western countries, including the wealthy areas of nearby Brazil or Argentina.   

People in Uruguay earn very little money.   By comparison, a young doctor at a public hospital is paid just $1,000 a month.   Further, the Uruguayan currency has been devalued, over the years, from one peso to the dollar to 20 pesos to the dollar.  This is causing capital flight.  The same thing happened in Argentina, however, they went from 1 peso to the dollar to a little more than 4 pesos to the dollar.  Socialism is destroying the economy in Uruguay.   And, it will only get worse as young, talented people depart the country leaving behind the old and the poor that require welfare support.   Then what income will there be to redistribute.   

The fact is that Socialism, where ever it has been tried in the world, has led to poverty, misery and a loss of freedom.  Uruguay is just one more example of Socialist failure.   Yet, Socialist President Obama wants to "transform" the US into a European style Socialist nation.   Obama is preaching Class Warfare to win reelection, the same as President Mujica of Uruguay.   Various European countries face bankruptcy because of unsustainable cradle to grave entitlements.   The US is on the same road as ObamaCare, a new entitlement, will contribute to the bankruptcy of our country.  Countries like Uruguay are on a road to poverty because Socialism in that country is causing an Exodus of talented people and capital to occur. 

Anyone in the US that believes Socialism is the right path for the United States needs to come to Uruguay to see the end of this story.   Obama will add more than $5 Trillion to the National Debt during his four years in office; more than any other President in American history.   The US credit rating has been downgraded on Obama's watch, which has never happened before in our history.  When Obama was running for the Presidency in 2008, he said adding to the National Debt was reckless and unpatriotic.   Oh really!!   The federal government just announced another Trillion dollar plus deficit in 2012 with no end in sight.   President Obama, in pursuing his Socialist Schemes, is bankrupting our country.  

We The People must stand up and say NO MORE.   But, this deficit spending will not stop unless we sweep Socialists, at all levels of government, including President Obama, out of office in 2012 and 2014.   We have to send these Socialist characters packing to save our nation from bankruptcy.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  

We must make Obama a one term President to restore economic growth and job creation again in America.  If Obama is reelected, we will continue on a path of decline for our country and eventually we will lose our national sovereignty.   We can't let that happen.   We can't allow Obama to turn the United States into another Uruguay.

Monday, January 30, 2012

Obama's New Mortgage Task Force

Socialist President Obama has formed the Residential Mortgage-Backed Securities Working Group to investigate lending practices that led to the financial calamity.   As part of Obama's Class Warfare reelection strategy, the purpose of this Task Force is to identify some big name mortgage executives and perhaps send them to jail for giving mortgages to people who could not afford to repay them.   This Blogger has no problem with doing this, except we also need identify those politicians, of both political parties, who were on the take from Freddie Mac and Fannie Mae.

While some Republicans took Fannie and Freddie campaign contributions, it was Socialists like Barnie Frank,  Chuckie Schummer, Chris Dodd and none other than then Senator Barack Obama, among many others, that took millions of dollars from Fannie and Freddie.   So much so that when President George W Bush asked Congress to regulate Fannie and Freddie because he saw the disaster coming, Socialists in Congress, that controlled the Congress at the time, refused to so. 

And, let's not forget about Franklin Delano Raines, a former Clinton guy and the crook who ran Fannie Mae.   Raines was forced to resign; but not before he walked away with millions of dollars in severance.  Look, the mortgage debacle began during the Clinton Presidency, when Socialists accused mortgage companies of "red lining" because they refused to make loans to Socialist's PEEP's that could not qualify under normal under writing requirements.   Crooks like Barnie Frank and Chuckie Schummer screamed discrimination and threatened mortgage companies with more regulations if they did not begin lending to those that were a poor credit risk.   As a result, mortgage companies opened the flood gates once they figured out that money could be made making sub prime loans. 

And, then there was former Socialist Senator Chris Dodd, among others, who was a "Friend of Angelo" the former CEO, Angelo Misulo, of Countrywide Mortgage.  Dodd and others in government received preferential mortgage rates on their mortgages because they were in a position to control regulations on mortgages.  Angelo took care of his friends.  Obama's Mortgage Task Force is a great idea; but only if it also goes after the crooks in government that should be in jail, rather than in Congress.   What are the odds that is going to happen any time soon.   Oh, about zero.   

We have to take back our country in 2012 and 2014 by getting rid of all these crooks feeding at the trough.   We must sweep Socialists at all levels of government, including President Obama and even some Republican crooks out of office in 2012 and 2014.   These characters have become millionaires at our expense by selling their votes in Congress.   We must elect Tea Party Conservative Candidates willing to shake things up.  That means that Establishment Republicans, that have been feeding at the trough for years are not too much better than Socialists, though Socialists are owned lock, stock and barrel by public employee unions, which makes them worse. 

We have to take back our country in 2012 and 2014 and in doing so, we must push for Congressional Term Limits to help curve corruption in Washington DC.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  In the mean time, right around election time in October expect some show arrests of mortgage company executives.   Don't hold you breath related to arrest of any crooked politicians.   That is not going to happen any time soon.

Sunday, January 29, 2012

Davos, Switzerland - World Economic Forum

Since 1971, brainiacs from business, academia and government have been meeting annually in Davos, Switzerland in the World Economic Forum.   These are often the very same people that have caused many of the world's problems; yet they purport to be smarter than the rest of us as they discuss how they are going to intrude into all aspects of our lives.   For the most part, many of these characters are left wing Socialists that support trickle down government, rather than free market capitalism. 

Honestly, many of these people should be in jail for their part in bankrupting various countries.   Most of them have gone to the finest schools in the world; yet ethics and honesty apparently is not taught in these universities because we all know that politicians and some business executives often practice situational ethics.   In other words, they do as they please until they get caught.  

Hard working Americans do not need the people who attend the World Economic Forum in Davos making big government decisions for us when all that is needed is common sense.  Deficit spending that is bankrupting many countries has to stop.   Well dah!   That takes a Harvard Education to figure out.  Crony Capitalism distorts markets.   Gosh, a degree in Economics from Yale is needed to know that fact.   When something is taxed, a behavior, a purchase, income etc., it will result in less of it happening.   Again, that concept requires a degree from Princeton, or maybe Oxford to understand. 

President Obama and his Socialist pals in government believe that they know what is best for us.   These are the same people that have amassed nearly $16 Trillion in National Debt and it is still growing.  These are the same people, with the help of Republicans, that have stolen our Social Security contributions since 1965 so that Social Security is headed toward insolvency. 

We have got to take back out country in 2012 and 2014 by removing these Davos characters from government.   We have to sweep these Socialists, at all levels of government, including President Obama, out of office.  Obama and his Socialist pals in government are a clear and present danger to our nation as bad as any external enemy in our history.   Obama is actively bankrupting our country.  If Obama wins a second term, it will lead to the financial collapse of our nation.   The US has already been downgraded under Obama.  If this happens, we will lose our national sovereignty.   We can't let that happen.

We have to put on our hip boots to drain the swamp in Washington DC.   Our nation depends on our success.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  In the mean time,  the brainiacs in Davos, Switzerland discuss Socialist Schemes to intrude into our our lives.   These characters have made a mess of things in the last 20 years.  Perhaps, they should mind their own business.   We don't need them telling us what we need to do. 

Saturday, January 28, 2012

The October Surprise - 2012 Election

Whether former Governor Mitt Romney, or former Speaker of the House Newt Gingrich wins the Republican nomination for President will not matter.   Socialist President Obama and his team are planning an October Surprise just before the election to defeat the Republican Candidate.   In Romney's case, it may be his ties to Goldman Sachs, or more generally Wall Street.   In Gingrich's case, it could be his ties to Fannie Mae or Freddie Mac, or perhaps something is his personal life.  

Of course, it does not matter to Obamanistas that Obama has taken millions of dollars from both Wall Street and Fannie and Freddie in campaign contributions over the years.  That narrative does not fit Obama's Class Warfare Strategy to win reelection.  The lame stream, left wing media will not even mention it,  just wait and see. 

This Blogger happens to believe that Newt Gingrich, as the Tea Party Candidate, with all his baggage, is better positioned to beat President Obama; however, it is clear that Gingrich does not have the support of the Republican Establishment that fears him.   Mitt Romney, as the Republican Establishment Candidate, will not have the solid support of the Conservative base, unless he chooses a very solid Conservative as his VP candidate.   Either way, who ever gets the Republican nomination, Romney and Gingrich must assume the October surprise and deal with it long before so it is old news when the time comes.   In other words, if they get it right, there should be no October surprise.  

Remember, cards talk and numbers don't lie; but Socialists, like President Obama do lie all the time.  Obama will say anything or do anything to win reelection.   Obama has been the most divisive President since Franklin Roosevelt.   And, what Obama does not seem to understand is that if he wins reelection, he will not be able to govern as a result of the animosity he is creating against him by dividing the American people.   Let's face it Americans either love or hate Obama.  There is no in between. 

Of course, Obama could care less.  It is all about keeping the big house and jet and living the high life.   To do it, Obama will take care of his PEEP's, those that pay no income taxes at all, those on the dole, union members, trial lawyers, radical environmentalists and crony Capitalists, all feeding at the trough, that donate to Socialist campaigns. 

The fact that Obama and his Socialist pals in Congress are bankrupting our country is also irrelevant.  Until the US collapses, which is the likely outcome,  of their deficit spending, as long as they can all continue feeding at the trough becoming millionaires while in office, life goes on business as usual.  

The only problem with this scenario is that no matter who wins the elections in 2012 and 2014, we Conservatives are not going away any time soon.   We will fight like hell using guerilla warfare tactics in court and with protests in the streets for free market capitalism, limited government, lower taxes and less regulations, a balanced budget, term limits, real education, energy, health care and entitlement reforms, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation again in America. 

We have to take back our nation and continue the fight until we make it happen.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  An Obama second term is a clear and present danger to our nation as bad as any external enemy we have ever faced.   When the dust settles, we will have to support who ever wins the Republican nomination, even if it means that some of us will have to hold our noses when we cast our vote.  

The Obama alternative is so bad that only the devil himself would be worse; but not by much.   In the mean time, plan for the October Surprise.   Let us hope that the Republican Candidate, who ever it is, is smart enough to deal with the October Surprise long before October so that it is old news when the Obamanistas spring it on the nation.  Election are war without guns.   We have to win this war at all costs.  The fate of our nation depends on it. 

Friday, January 27, 2012

"Public Means Free In Argentina"

This Blogger is in Argentina this week, a European style Socialist nation.   While on a tour, the Tour Guide told us that "Public Means Free In Argentina".   Of course, Health Care is completely "free" along with university education, the same as occurs in Brazil.   Of course, many people in countries in Europe and South America have overlay insurance because free Health Care in these countries is actually so bad that only the poor use the public system. 

Argentina was once a very rich country until the Socialists took over, "to help the poor" supported by very powerful labor unions.   The story of Eva Peron and her husband, Juan Peron, the Fascist/Socialist Dictator of Argentina, put in power in the 50's by labor unions, began decades of financial chaos and decline in Argentina.   But, the poor still love their Evita, whose picture sits on a large building in Buenos Aires; even though years of Socialist and Military dictatorship resulted in a loss of freedom and the murder of thousands of people that just disappeared. 

But is anything really "free" in a Socialist nation.   Argentina, like all Socialist nations, has very high taxes and lots of them.  To name a few, corporate income taxes are 35%, personal income taxes on world wide income ranges from 9% - 35% and the top rate happens at fairly low income.   There is a 1.5% tax on real estate sales.  Bank transactions carry with them a 0.6% fee.   VAT sales tax is 21%.   There are also various Estate Taxes. 

But here is the real kicker.   In Argentina, Employers must pay between 23% and 27% of an employee's annual income to pay for Social Security and Health Care coverage.  So much for "free" health care.   This contrasts with 7.65% currently paid by employers in the US.  US employees contribute an additional 7.65% to cover their Social Security and Medicare benefits. 

The reality is that this high benefit load in Argentina is actually being paid by the employee whose salary is reduced to cover the employer's contribution.  As an employer, I can verify that this is how it works in all countries.   And, or employers just ship jobs to lower cost countries; hence the reason this sort of thing is a job killer. 

And, the Socialists have made such a mess of Argentina's finances that the peso had to be devalued.   It used to be 1 peso to 1 dollar; but that made Argentina so uncompetitive that it was impossible to export products made in Argentina.   As a result, it is now roughly 4 pesos to the dollar, which makes it a great time for Americans to come to Argentina.   Things are comparatively really cheap in Argentina for Americans.  

However, in the process, people who had savings in Argentina experienced the devaluation of their money.   So, the equivalent of $100,000 in pesos suddenly was worth $25,000.  This is the reason anyone with money began to convert their pesos into dollars and get them out of the country.   So much so, that the government recently prohibited large money transfers because of the capital flight that was occurring. 

Argentina is a case study in Socialist mismanagement of an economy and it has been happening for decades.   In the past, Argentina defaulted on its National Debt.   This is one reason it is very difficult for businesses to get credit in Argentina.  Interest rates exceed 15% on borrowing, if anyone can borrow at all. 

As goes Greece and Argentina will go the United States if Socialist President Obama is reelected in 2012.   Obama's deficit spending trajectory will add another $10 Trillion to our National Debt, if the markets will allow it,  which will not happen.   When the US cannot borrow any more, except at very high interest rates, the Federal Reserve will start printing more money to cover Entitlements.   This will destroy the value of the dollar, which is already happening.  It is not that gas cost $4 a gallon since Obama was elected President.   It is that the dollar has been devalued by 50% because the Federal Reserve has printed Trillions of dollars to pay for the bank bail-outs.  

Contrary to popular belief in Socialist countries, there is no free ride.   More entitlements require higher and higher taxes, which kill jobs.  By the way, our Tour Guide used to be an architect until she lost her job in 2002.   Higher taxes and more regulations to control the economy are no problem for Socialists that constantly invent new taxes as the solution to government financing.  

It is no coincidence that when Obama makes his Class Warfare argument to win reelection, he casts the story in two choices; higher taxes for the "rich", that already pay 70% of all income taxes in the US, or benefit cuts for his PEEP's, those that pay no income taxes at all, those on the dole and public employee union members.   Obama will never talk about actually shrinking the size of government because that would mean fewer public employee union members contributing to Socialist election campaigns.   As such, that choice is never an option for Socialists. 

We must take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.  When this Blogger travels to European style Socialist countries and sees first hand the impact of their Socialist Schemes, I become even more convinced that President Obama and his Socialist pals in government are a clear and present danger to our nation as bad as any external enemy we have ever faced. 

We have to put on our hip boots and drain the swamp that is Washington DC by sweeping these Socialists, at all levels of government, including President Obama, out of office in 2012 and 2014.   If we fail to get this job done, we will lose our national sovereignty in the process.   We can't let that happen.   We have to take back our country in 2012 and 2014 to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  In the mean time, Cry for Argentina.  Their beautiful country is already lost.  

Thursday, January 26, 2012

State Capitalism, Socialism & The Debt Ceiling

Congress has approved Socialist President Obama's request to add another $1.2 Trillion to the National Debt.   Shortly, the National Debt will grow to nearly $17 Trillion with no end in sight.  That will be more than 100% of US Gross Domestic Product (GDP).   Bankrupt Italy is at 125%.  Greece is at more than 144%.  The United States is headed in the same direction.   If Obama is reelected and his deficit trajectory is allowed to continue, we will add $10 Trillion to the National Debt in the next 10 years; however, the US will collapse long before because the markets will never allow it.   

At the same time, many of the brainiacs meeting at Davos, Switzerland to discuss our "well being" are saying that State Capitalism is preferable to market based free market Capitalism.   To be clear, State Capitalism is what is happening in China.   At best it is democratic Socialism and crony Capitalism.   At worst it is Communism, Chinese style.  Socialist President Obama is determined to "transform" our country into a European or Brazilian style Socialist nation. 

That means very high taxes and government control of all aspects of daily life in the name of redistribution of income to achieve "social justice".   It also means radical environmentalism that results in a lower standard of living for all citizens.   In Brazil, a Toyota Corolla, that cost $18,000 in the US, is considered a luxury car because it cost around $50,000 including the 45 - 50% government tax on the purchase.   In Europe, gasoline is often $8 - $10 a gallon because of the government taxes on fuel.  Europeans and Brazilians bring empty suit cases when they travel to the US to buy clothing because the cost in their countries, as a result of taxes, are three times what we pay in the US.

This is what Obama wants to do to our country in order to take care of his PEEP's, those that pay no income taxes at all, those on the dole, union bosses, radical environmentalists, trial lawyers, the illegal alien lobby and crony Capitalists all feeding at the trough.   Socialists need to buy votes to stay in power.  Otherwise, there would be absolutely no reason for anyone to vote them.  

Socialism does not work; plain and simple.  Where ever Socialism has been tried, it has led to misery, poverty and a loss of freedom.  Many European countries are now bankrupt as a result of cradle to grave entitlement spending.   Employment laws, driven by unions in Socialist countries, cause unemployment because it is almost impossible to fire anyone for cause, or otherwise.   So, companies hire the bare minimum of people because the overall cost is just too high.   This is the reason jobs have gone to China, India and other countries, where no such laws exist.   We are not talking about slave labor; but rather just common sense laws that allow an employer to hire and fire employees when they do not do the job they were hired to do. 

We see the same thing happening in the United States as employers have moved jobs from Socialist Blue States, like California, to more business friendly Red States like Texas.   Socialists are job and freedom killers.   Socialists are the enemy of free markets and freedom.   Socialists believe that they know better how we should live than we know ourselves.   Socialists want to take decision making out of our hands and put it in their hands by taking our money to create a command and control economy that has always led to disaster.

We face a cross road in the United States during the elections of 2012 and 2014.   We will either remain a free country, or if Obama is reelected, we will become a Socialist nation and lose our freedoms.   The choice can't be more stark.   We have to take back our country in 2012 and 2014 by sweeping Socialists, at all levels of government, including President Obama, out of office to prevent the bankruptcy of our nation.  If the Obama deficit spending trajectory is allowed to continue in the name of State Capitalism, we will lose our national sovereignty.   We can't allow that to happen.  

We have to take back our country to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We must defeat the Socialist enemy within that is as serious as any external threat we have ever faced.   We can do it.   We must do it to remain a free country.

Wednesday, January 25, 2012

Germany & European Debt

German Chancellor Angela Merkel has made it very clear that Germany will only go so far in propping up the rest of Europe and paying for Socialist Entitlement Programs in Italy, Spain, Portugal, Greece, Ireland and perhaps other European countries.  These countries have social programs that are not sustainable and have bankrupted their countries.  It was one thing for West Germany to take on the problems and expenses of Communist East Germany to reunify all of Germany, but obviously, Mrs. Merkel is not going to make the German taxpayer pay for the actions of irresponsible politicians in these other countries. 

So what is next.   The US Federal Reserve has secretly provided billions, if not trillions of dollars of financial support to the European Central Bank, without approval of Congress, or anyone else.   At some point, Europeans will knock on Socialist President Obama's door.   Since the United States National Debt now exceeds $15 trillion, with no end in sight under Obama, let us hope that President Obama will refer the Europeans to the Chinese for help.   We are broke.   There is no money to bail out the Europeans.  

The fact is that all Western democracies must end deficit spending.  Higher taxes on anyone will not solve the problem.  Various entitlements have to go, or be scaled back pretty dramatically.   It is true in Europe and the United States.   ObamaCare is the icing on the cake pushing our country further toward bankruptcy.   ObamaCare must be repealed as soon as possible.  The last thing we need is another entitlement program when Social Security and Medicare are facing insolvency.

Watch Europe to see what is going to happen to the US.   The odds are better than 50/50 that countries like Greece will default on their debt.   The European Union may not survive this financial calamity.   Most important, we will see the end of our story, if Obama remains in office, since the President has no plan to cut deficit spending and pay off our National Debt.  In fact, if the Obama trajectory continues, we will add another $10 Trillion to our National Debt in the next ten years assuming the markets will allow it, which is doubtful. 

Obama will not cut the $10 Trillion necessary, in the next ten years, to stop the deficit spending, let alone pay off the National Debt.  It would mean his PEEP's would be cut off from feeding at the trough.   It is not going to happen as long as Socialists are in office. 

We have to take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   We have to elect Conservatives committed to a balanced budget and paying off our National Debt.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We have to sweep these Socialists, at all levels of government, including President Obama, out of office to save our country.   If we don't succeed, we will follow Europe into bankruptcy.   If that happens we will lose our national sovereignty.   We can't let that happen. 

President Obama - Campaigner & Chief

Socialist President Obama used his State of the Union Address as another opportunity to advance his Class Warfare campaign strategy.  The theatrics were complete with Warren Buffett's secretary, who apparently pays a higher tax rate than Buffett because Buffett does everything he can to avoid paying taxes.   What we heard from Obama was same old same old.  The rich need to pay their "fair share" to redistribute income in the name of social justice.   The fact that the top 10% of income earners are already paying 70% of all income taxes paid in the United States doesn't seem to matter to Socialists like Obama.   The fact that nearly 50% of income earners in the US pay no income taxes at all never comes up in Obama's speeches either.  

Obama is desperate to win reelection.  Obama can't run on his accomplishments because many Americans are far worse off today than when Obama took office.   Obama has been the most divisive President since Franklin Roosevelt.   Obama must practice the politics of envy and Class Warfare in order to motivate his PEEP's, Americans that pay no income taxes at all, those on the dole, union members, radical environmentalist, the illegal alien lobby, trial lawyers and crony capitalists, not only to vote for him; but to give him the billion dollars Obama needs to spread his propaganda.  

There are 25 million Americans either out of work, working part time that want part time work, or who have just given up looking for work altogether.   The real unemployment rate is above 15%.   46 million Americans are now on Food Stamps since Obama was elected.   The foreclosure rate is the highest in American history.  About half of American homeowners are upside down on their mortgages.   All of this is happening with no end in sight.   Since Obama was elected more than 6 million jobs have just disappeared.

Clearly, Obama's trillion dollar, deficit spending SwindleUS Plans have been a complete failure related to creating jobs.   Obama's Gestapos, the Environmental Protection Agency and the National Labor Relations Board are job killers.   Gas is nearly twice as expensive today than the day Obama took office because Obama refuses to allow the development of our energy sources in the US. 

President Obama gives a great speech.  But cards talk and all these numbers don't lie; though Socialists like Obama do lie.   We have to take back our country in 2012 and 2014 by sweeping Socialists, at all levels of government, including President Obama, out of office to prevent the bankruptcy of our nation.   Obama is Jimmy Carter II.   We have to make Obama a one term President to restore economic growth and job creation again in America.   We can do it.  We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   Obama's State of the Union Address was same old, same old just like Obama.   Obama has to go. 

Monday, January 23, 2012

Romney or Gingrich - Establishment Vs.Tea Party

The Republican nomination for the Presidency will boil down to Mitt Romney, the Establishment candidate, or Newt Gingrich, the Tea Party candidate.   There is no doubt that the Republican Establishment is scared to death of Newt Gingrich because he "thinks" too much.   The Republican Establishment prefers flip flopper Mitt Romney as the "safer" candidate.   We need a peaceful revolution in our country to push back 100 years of Socialist Creep that is bankrupting our country.   Mitt Romney will never make that happen.   Romney is not a fighter.   Romney is a go along to get along kind of guy, which is exactly what the Republican Establishment wants. 

As our nation faces the precipice on so many fronts,  we need the Tea Party candidate willing to put forth and fight for really new ideas.   There is nothing in Mitt Romney's plan for America that represents the kind of change that is needed to get our country back on track.   Newt Gingrich is proposing some great ideas related to cutting taxes, dealing with entitlements, energy independence, shrinking the size of the federal government and balancing the federal budget by both growing the economy and cutting spending.   It will take innovative solutions to solve our nation's problems not same old, same old. 

If the choice in the primaries boils down to Mitt Romney or Newt Gingrich, this Blogger would choose Newt Gingrich.  Yes, Gingrich may be too smart to be President.  Yes, Gingrich appears to be undisciplined.  Yes, Gingrich has baggage.  But, Gingrich has a track record of achieving Conservatives policy objectives.   Mitt Romney has no such track record.  In fact, Romney has always previously run for office and governed as a liberal.   There is no reason to believe that if Mitt Romney was elected to the Presidency, that he would not meet Socialists half way by reaching across the aisle to continue our march toward more Socialism.  After all, RomneyCare was the model for ObamaCare. 

Newt Gingrich will cut deals too; but on Conservative terms.  We have to take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   To do it, we must sweep Socialists, at all levels of government, including President Obama, along with RINO's, out of office.   Contrary to Republican Establishment popular belief, Newt Gingrich has a better chance of beating Socialist President Obama than Mitt Romney.   Again, it is all about Ohio.   Mitt Romney will not play well with Independents and Blue Collar Democrats in Ohio that are necessary to carrying that state.   Gingrich has a better chance of putting the old Reagan coalition back together, than Bain Capital, wealthy Mitt Romney.

In fact, Obama could not ask for a better opponent than Mitt Romney related to Obama's Class Warfare strategy.  Obama will tie Romney to Wall Street.  Game Over.   This Blogger believes Newt Gingrich can beat President Obama, even with his baggage.   By the way, all candidates have baggage.   We have to take back our country in 2012 and 2014.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   This Blogger now supports Newt Gingrich as the best way to beat Obama and take back our country.   Get your checkbooks out and send Gingrich money to help him win in Florida.   The rest will be history.   

Sunday, January 22, 2012

Obama Celebrates 39th Anniversary of Roe V. Wade

Socialist President Obama is celebrating the 39th anniversary of Roe V. Wade, the Supreme Court Case that legalized abortion infanticide in the United States.  Under the premise of a woman's right to choose, millions of innocent babies have been murdered in the last 39 years.   To make matters worse, politicians like Obama has even supported partial birth abortion, the murder of a live baby, just prior to birth.   A nation that murders its innocent children with callous regularity has suffered a complete moral breakdown. 

A President that supports such murder to win votes from left wing Americans, that are part of the ME generation, has no moral compass and should be considered evil.   Socialist President Obama is wrong on many issues; but support for unlimited abortion on demand murder is the most heinous of Obama's  policies.   The Bible says God knew you before you were you so that means before conception.   Abortion murder is a criminal act in violation of God's creation.   The innocent life that God has created, no man or woman should destroy. 

It is no coincidence that Planned Parenthood, that receives about $500 million in federal government support each year, has its abortion mills in the inner cities.   Planned Parenthood, that purports to provide counseling on woman's reproductive rights, performs about 350,000 Abortions a year.  Abortion is big business in the United States.   Most Abortions are performed on poor minority women.  You would think that vocal Minority leaders in America would be outraged by what is happening in their communities; but since they support Socialists without question, including President Obama, not a word is said about Abortion that is murdering minority children.   It is just plain criminal.

We have to take back our country in 2012 and 2014 to prevent the bankruptcy of our nation, by sweeping Socialists at all levels of government, including President Obama, out of office.   Aside from the economic issues facing our nation,  Socialists have also contributed to the moral decline of our country.   Abortion is a crime against humanity.   And, while Abortion may be justifiable if a mother's life is truly in danger, or perhaps in cases of incest or rape, (though it is still murder),  Abortion on demand, as a form of birth control, should be completely illegal. 

Women and Men have choices.   They can use birth control that is readily available.   They can just say NO to unprotected sex.  But once a child is conceived, their choices end because a parent's right to end a child's life is not a matter of timing, whether in or out of the mother's womb.  Life is life.   Ending a viable innocent life at any age is murder. 

We have got to take back our country in 2012 and 2014, which includes the protection of innocent human life.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our child, both unborn and born, and our grandchildren.   While President Obama celebrates the 39th anniversary of Roe V. Wade that legalized abortion, we weep for the millions of innocent babies, murdered by Abortion, that could have been our next generation. 

Saturday, January 21, 2012

Brazil - A Study In Socialism

This Blogger is in Brazil this week on business.   Brazil is an up and coming economy experiencing growth.   However, there are really two Brazil's.   There is the Brazil that looks like many cities in Europe with a degree of affluence; though certainly not the same as exists in the US.   Then there is the Brazil with Flavelas in major cities, or slums by any other name.   Homes in the Flavelas were constructed, one by one, by the poor squatting on government land over many years.   In fact, some of the Flavelas are on very desirable view hillsides in major cities; however they are very high density with no paved streets, or official utilities in place.  

Several million people live in these crime and drug infested Flavelas.   Since the World Cup and Summer Olympics are coming to Brazil in the next few years, the government has cracked down on the Flavelas because the crime rate in major cities in Brazil is very high as a result of proximity to these poor people who live by manual labor and apparently criminal activity.  

Brazil has had successive Socialist governments in the last 10 or more years that has raised taxes on the middle class and the rich presumably to pay for Entitlements for the poor.  Even so, though Brazil has experienced economic growth, the disparity between the middle class, rich and the poor is huge.   Like in the United States, the Socialists buy elections by providing entitlements to the poor that vote for them.  For example, the government actually pays the poor to send their children to public schools.   However, the public schools are so bad and produce such poor results that no one in the middle class, or upper class would send their children to public schools; kind of like in the inner cities of the United States. 

The two Brazil's divide on the basis of education much the same as is true in the US.   The poor in Brazil are for the most part illiterate, much the same as many of the poor in the United States.  Entitlements provided the poor by the Brazilian government, which ensures the election of Socialists, has done little to improve their conditions, very much the same as in the US.   Trillions of dollars have been spent on the poor in the US since 1965 and the poverty rate today has never been higher.   It is pretty clear that Socialist Schemes just do not work any where in the world they have been tried including the U. S.

The United States was built on free market Capitalism; though we have experienced Socialist creep in the last 100 years, particularly since 1965.   And, the poor are worse off for it.  Government programs intended to help the poor have back fired and it is getting even worse since Socialist President Obama assumed the Presidency.   In the last three years, under Obama, Food Stamp recipients have grown from 26 million Americans to 46 million.   How can having even more people dependent on government be a good thing.   Of course, Obama is causing more dependency to gain votes for his reelection.  Are these people going to bite the hand that is literally feeding them?   Obama hopes not as he makes his divisive, Class Warfare argument to win reelection.   

In the extreme, we can see what Socialism looks like in Brazil with its permanent under class.  The same thing is happening in the US as a result of our Socialist Creep.   We have to take back our country in 2012 and 2014, most importantly to benefit the poor.   Limiting entitlements is the way to do it.   We need Workfare not Welfare.   We need pay checks not Food Stamps that can only come through economic growth and job creation.   We need a School Voucher system to allow the poor to escape failing public schools.   These are Conservative solutions to helping the poor to end government dependence, which is just another form of slavery as government has become the new Master to the poor.   The inner cities of our country are just another form of the plantation that enslaved people. 

We must take back our country in 2012 and 2014 by sweeping Socialists at all levels of government, including President Obama, with all their Entitlement Schemes to buy votes out of office.  These characters are both bankrupting our country and creating a permanent under class in our nation.   For the sake of the poor and all Americans, we have to push back 100 years of Socialist creep.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren and especially the poor and disadvantaged.   We can see the impact of Socialism in Brazil and every other country where it has been tried and it has always led to poverty, misery and a loss of freedom.   All Americans must fight to prevent more Socialist Creep that is bankrupting our country. 


   

Friday, January 20, 2012

Obama - Religious Groups Must Fund Birth Control

Socialist President Obama, as part of ObamaCare, is requiring religious groups to fund birth control as part of their employee health insurance.   The fact that the Roman Catholic Church and perhaps other religious groups are opposed to birth control, as a tenet of their faith, does not seem to matter to Obamanistas.   Next, Obama will require abortion coverage, just wait and see in the name of human rights.   Whether this is right or wrong is irrelevant, this requirement is a violation of the First Amendment to the Constitution that protects freedom of speech and religion. 

This is just the beginning of the mandates that will be part of ObamaCare if it is not struck down by the Supreme Court, or repealed as soon as possible.   The long hand of Big Brother Obama is all around us as the federal government intrudes into every aspect of daily life.   This birth control requirement is just one more example of Obama's Federal Government over reach that is none of their damn business.  No religious group should be forced to pay for employee benefits of any kind that violate their religious faith.  Enough is Enough.

We have got to sweep these Socialists, at all levels of government, including President Obama out of office.   Socialists want to control every aspect of daily life and our economy.   We can't allow that to happen because it is a threat to our freedom and our way of life.   We have to take back our country in 2012 and 2014.   We have to put on our hip boots to drain the swamp that is Washington DC.   We must sweep these tyrants out of office.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   In the mean time, religious groups must go to court to defend their First Amendment rights.   We cannot allow this Socialist threat to First Amendment freedom of religion to succeed.   Our nation was founded on this critical principle. 

Thursday, January 19, 2012

Romney, Gingrich Or Santorum - Who Can Win

It is critical that Republicans nominate a candidate for the Presidency that can beat Socialist President Obama in 2012.   This Blogger applies the Ohio test concerning electability.   Which of the remaining candidates, Romney, Gingrich or Santorum will play in Ohio, recognizing that Congressman Ron Paul is not a real contender.  No Republican has won the Presidency without carrying Ohio in the last 100 years.   So in all likelihood, Ohio will be critical to a Republican victory.  It is important to note that Obama carried Ohio in 2008 and as a result McCain lost the election because Ohio is always a national indicator.

This Blogger does not believe that Governor Mitt Romney will play in Ohio with Independents and Blue Collar union Conservative Democrats that will be necessary to win the state.  Romney is already on shakey ground with many Conservative Republicans, however, when push comes to shove most Republicans will vote for Romney if he is the nominee as a vote against Obama.   However, Mitt Romney was born with a silver spoon in his mouth.  As such, Romney is not the kind of guy that will connect with many working class people in Ohio, especially in view of his connection to Bain Capital. 

Though this Blogger would certainly vote for Newt Gingrich if he is the Republican nominee, it is also my contention that Gingrich may be too smart and undisciplined to be President.  Gingrich is a great thinker with big ideas; but that fact is that Gingrich has too many ideas.   Gingrich thinks out loud too much and while this Blogger enjoys listening to Newt Gingrich, the man is only electable if he can stick to three or four main themes in order to relate to the people of Ohio.   In this case, less is more. 

To date, Gingrich has not had the discpiline to do that. If Gingrich has a campaign staff, they are not controlling the message, perhaps because Gingrich is uncontrollable.   Further, Newt Gingrich needs to buy some suits that actually fit him.   It appears that Gingrich is wearing suits that might have fit him when he was 20 pounds lighter; but they certainly don't fit now.  For better or worse, image matters.   Newt Gingrich needs a staff around him to both help control the message and his image.  If he doesn't make it happen soon, Newt Gingrich will not play in Ohio either. 

Based on the facts, Rick Santorum, a devout Roman Catholic, has the best chance of carrying Ohio.   Santorum has the experience to be President of the United States having served several terms in Congress in the House and the Senate.   Even though Santorum is well educated and an attorney, Santorum comes from Pennsylvania blue collar roots that would play well in Ohio.  Santorum's grandfather was a coal miner.  Santorum looks good on TV.   Santorum knows how to stick to his message.   Santorum is a guy you can have a beer with, which is necessary to carry Ohio. 

Who ever wins the Republican nomination for the Presidency, the Ohio test must be applied to balance the ticket.  We have to take back our country in 2012 and 2014 by sweeping Socialists at all levels of government, including President Obama, out of office.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   As Ohio goes, so will go the nation.   The Republican nominee must play in Ohio, or we have no chance of defeating Socialist President Obama.  Just something to think about South Carolina and Florida. 

Wednesday, January 18, 2012

The Keystone Pipeline & Radical Environmentalists

Socialist President Obama, bowed to the Radical Environmentalists, in rejecting the Keystone Pipeline to bring oil from Canada to our refineries in Houston, Texas.  Claiming that there just wasn't enough time, as required by Congress, to complete the environmental studies to make this decision, Obama basically just killed 20,000 or more US jobs, many of which would have been high paying, union jobs.   Of course, Obama's claim about timing is just a bunch of baloney.  The State Department spent more than 4 years dealing with the environmental impact of the Keystone Pipeline.  And, if the path chosen through Nebraska needed to be charged, there were many other paths identified that could have worked just as well. 

Obama, the job killer, not only stopped this Pipeline from happening, once again the President simply refuses to take the steps necessary to make the US Energy independent.  Obamanistas are at war with all carbon based energy, as well as, nuclear power, the only means in the next 20 years of making the US energy independent until other sources of energy are economically feasible.   Obama wants the cost of energy to go up dramatically and is doing everything he can to make it happen.

So now Canada will negotiate a deal with the Chinese to build this Pipeline to their West coast and ship this oil to China.   We can't blame Canada or China for doing what is in their mutual best interests because our President is so incompetent that he let this deal slip through his fingers.  If we are lucky, the Canadian Conservative Government might just wait until next November to finalize this decision.   All Republican candidates for the Presidency have said they support the Keystone Pipeline.  So hopefully, if we make Obama a one term President, which is critical to our nation's well being, one of the very first things the new Conservative President will do is approve the Keystone Pipeline to bring oil from Canada to our refineries in Houston, Texas. 

Socialist President Obama proves on a daily basis that we must take back our country in 2012 and 2014 by making him a one term President.   We have to sweep these incompetent Socialists, at all levels of government, including President Obama, out of office to prevent the bankruptcy of our nation.   Obama's rejection of the Keystone Pipeline is just one more reason Obama has to go.  

We have to take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  Radical Environmentalists are destroying our economy.  We need to put our hip boots on to drain the swamp in Washington DC to sweep these radicals and their Socialists pals out of office.   It will be dirty, stinky work; but the fate of our nation depends on it.   

Tuesday, January 17, 2012

Choosing The Republican Vice President Nominee

If Governor Mitt Romney secures the Republican nomination for President, he will have to choose a VP running mate who is viewed as an unambiguous Social and Economic Conservative, since many in the Republican Party consider Romney a RINO.   It will be the only way to unite the Party.   Three attractive choices from swing states come to mind, each with their own pluses and minuses. 

The first choice is Marco Rubio, Republican Senator from Florida.   Rubio is Hispanic and Roman Catholic, which could be critical to winning Latino votes.   Marco Rubio, an attorney by education, is smart, articulate and made for TV.   Rubio could be a super star, who could help Romney carry Florida, which Obama won in 2008.   Rubio's Conservative credentials are spot on.  And, he is the son of blue collar immigrants, always a plus in states like Ohio. 

On the downside, while Marco Rubio had significant experience in state government, this is his first term in the US Senate.  On the other hand,  Marco Rubio has spent far more time in State government and the US Senate combined than Socialist President Obama, so we can conclude that Rubio actually has more experience to be President than does Obama.

Second choice would be Bob McDonnell, the sitting Governor of Virginia.  McDonnell, a born again Christian, served as Virginia's Attorney General before becoming Governor.  He too is smart, articulate and a natural on TV.   McDonnell has done a great job in Virginia.  Most important, Bob McDonnell is an unapologetic, well respected Social and Economic Conservative with a great family.   And, he comes from Virginia, a swing state that has been trending Republican; but that Obama carried in 2008.  Denying Obama a win in Virginia could very well be the state that makes Romney the next President of the United States.   This Blogger knows of no downside with Bob McDonnell

Finally, the third choice would be Senator Rick Santorum.  Santorum spent several terms in the House of Representatives and the Senate so he has the experience to be President.   Santorum, a Roman Catholic, is the grandson of Italian blue collar immigrants from Pennsylvania, another state carried by Obama in 2008.   Not exactly Latino; but he may be close enough.  After serving two terms, though Santorum lost his last race for the Senate by around 17 points, perhaps, Santorum can help Romney carry Pennsylvania.  

Pennsylvania has been trending Republican, as both the Governor and Senator elected in 2010, are Republicans.   If Obama loses Pennsylvania, the odds are pretty good that he will also lose Ohio and the Presidency.   Rick Santorum has a downside and that is that he is so Conservative and vocal on Social Issues that he would be a real turn off to some Independent voters, which is the reason this Blogger sees Santorum as a third choice option.  On the other hand, Rick Santorum is such a likable guy that he might work out just fine in the number two spot. 

Any one of these three potential VP candidates would be beautifully positioned to succeed a two term President Mitt Romney.   All three potential candidates are solid Social and Economic Conservatives.   All three potential candidates have picture book families.   All three play well on TV, which is mandatory.   All three are smart and articulate and will be able to beat the pants off old man, hair transplant, Socialist Vice President Joe Biden, in a debate assuming Obama keeps him on the ticket.   Most important, any one of these three potential candidates would help Mitt Romney unite the Republican Party, which he will absolutely have to do in order to defeat Socialist President Obama.

Monday, January 16, 2012

Extending the Payroll Tax Cut - The Next Battle

The Payroll Tax cut was extended in late December for two months at a cost of $33 Billion.   The so called compromise agreed to by Republicans and Socialists in Congress and Socialist President Obama, included a new tax on mortgages to presumably pay for this tax cut.  This new mortgage tax will collect about $37 Billion over the next ten years to pay for just two months of this tax cut this year that will give the average family about $100 over two months.  RIDICULOUS!!

So now, Obama will push for the Payroll Tax Cut to be extended for the rest of the year; the next 10 months.  The cost is over $100 Billion.   This is money that will not go into the Social Security Trust Fund that is already empty since our illustrious elected Representatives, of both political parties, have been stealing our monthly Social Security contributions to spend on guns and butter (other entitlements) since 1965. 

So where is this $100 Billion going to come from.   Republicans will propose other cuts to government spending.   Socialists will again propose new taxes, either on the "rich" that already pay most of the income taxes in our country, or some other crazy new tax that they will dream up.   Socialists are never at a loss at dreaming up new taxes to support their PEEP's; those on the dole, those that pay no income taxes at all, public employee unions, trial lawyers, radical environmentalists, the illegal alien lobby and crony capitalists that contribute to their campaigns.  

Republicans must just say NO, NO, NO.   First taking this money from the Social Security Trust Fund is just plain nuts when 78 million Baby Boomers are retiring at the rate of 10,000 a day.  Second, we don't need any more new taxes to pay for the extra $1,000 the average family may get from this Payroll Tax Cut.   Further, we need to cut government spending for real, not use cuts to pay for new entitlements. 

These characters are bankrupting our country.   It has got to stop.   We have to take back our country in 2012 and 2014 by sweeping these Socialists, at all levels of government, including President Obama and also RINO's that will vote for tax increases out of office.  This Payroll Tax cut will do little to create jobs, particularly if a new tax is enacted to pay for it.   We have to take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   The bankruptcy clock is ticking.  Time is running out. 

Sunday, January 15, 2012

Senator Dirty Harry Reid & The Tea Party

Socialist Senator Dirty Harry Reid of Nevada, the Senate Majority Leader is essentially telling Tea Party Members of Congress and the people they represent to go to hell.   As Congress comes back into session in 2012,  Reid has made it very clear that his intentions are to ignore Tea Party Members seeking a Balanced Budget Constitutional Amendment, an end to deficit spending, paying off our National Debt, limited government and lower taxes and less regulations.  To Dirty Harry Reid, the only thing that is acceptable as a "compromise" is Trillions more in deficit spending added to our National Debt and higher taxes and more regulations that are killing jobs in the United States.

Senator Dirty Harry Reid just does not get it.   The Senate has not enacted a budget in more than 800 days, when it is supposed to happen every year.   The government under Reid and Obama is being run by a series of continuing resolutions to keep the government from closing down because Harry Reid cannot put a majority of votes together to pass a budget.   This contrast with the House of Representative, as managed by Speaker of the House John Boehner, that sent over a budget that was enacted by the House in 2011 for the first time in the same 800 or more days because Socialist Former Speaker of the House Nancy Pelosi also failed to her job too when she controlled the House of Representatives. 

Of course, this was the Paul Ryan budget that cut $6 Trillion in federal spending, over the next ten years, in an attempt to finally bring deficit spending under control and begin paying off our soon to be $16.7 Trillion National Debt.   That budget was dead on arrival when it hit Dirty Harry's desk because it contained meaningful cuts and reform of entitlement programs to prevent the bankruptcy of our nation. 

Socialist President Obama and the Socialist leadership in Congress are  incredibly irresponsible as they are purposefully bankrupting our country.   These characters, like Bernie Madhoff, should be in jail not in office impeached for high crimes and misdemeanors and malfeasance.   We have got to retain the House of Representatives in 2012 and 2014 in Republican hands and win the 60 seats necessary to form a Conservatives majority in the Senate to finally begin pushing back 100 years of Socialist Creep.  And, of course, we must also make Barack Obama, the most left wing, Socialist President in American history, a one term President to prevent the bankruptcy of our nation. 

We have to put on our hip boot to drain the swamp in Washington DC in 2012 and 2014. It will dirty, stinky work; but it must be done to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We have to sweep these Socialists out of office to get the job done by electing Conservatives to take control of the entire government.   We can do it.  We must do it to get rid of Socialist Senator Dirty Harry Reid, once and for all. 

Once Reid is no longer the Senate majority leader, perhaps he will retire to that hell hole he calls home, Searchlight, Nevada.  Oh wait a minute, Harry Reid and his family have been feeding at the trough in Washington DC for so many years to become millionaires, that Dirty Harry probably will have to drop dead on the Senate floor before he leaves office.   Frankly,  it doesn't matter much to this Blogger whether Dirty Harry walks out of the Senate of his own volition, or they carry him out, as long as that big crook is finally gone for good.   Either way,  this Blogger will wear red, white and blue on the day Socialist Senator Dirty Harry Reid is no longer in the US Senate, or any elected office.   

Saturday, January 14, 2012

The Attack On Free Market Capitalism

Socialists and their kissing cousins Communists, always lurk in the shadows, waiting for bad economic times so they can attack Free Market Capitalism.   This time around the attack has been instigated by none other than Socialist President Obama, the leader of the Occupy Movement Mobs in our streets.   Socialists always use Recessions, or in the case of Franklin Roosevelt, the Great Depression, as an excuse to expand the federal government to "help the people" and thereby limit our freedoms.

The "rich" identified by President Obama as Singles earning $200,000 or more and married couples earning $250,000 or more are always portrayed by Socialists as greedy, crooks out to steal from the poor and the middle class.  Nothing could be further from the truth.  This is all part of Saul Lewinky's strategy (Obama's Hero) and Karl Marx Class Warfare argument in Das Capital, the Communist Manifesto.   Socialists, like Obama, are committed to redistribution of income in the name of "social justice".   The fact that almost 50% of Americans pay no income taxes at all and that the top 10% of wage earners already pay more than 70% of all income taxes paid in the United States doesn't matter to Socialists because they just lie about all of this to win elections.   We already have the most progressive income tax in the world. 

The attack on Free Market Capitalism is dangerous to all Americans and our nation.   For better or worse, with all of its boom and bust cycles, capitalism has produced more wealth for more people than in any other system in human history.   Socialism and Communism have led to poverty, misery and murder where ever they has been tried in the world.   This is the history not fiction, or more Socialist lies.  

We have to take back our country and in doing so we must protect Free Market Capitalism that has made our country great.  Socialist, including President Obama, are the enemy within and as such we must sweep them out of office in 2012 and 2014 and push back 100 years of Socialist creep.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  As we cling to our religion and guns, we must also cling to Free Market Capitalism an essential to our freedom and national well being. 

Friday, January 13, 2012

Obama - Raise The Debt Ceiling By $1.3 Trillion

Socialist President Obama has requested that the Congress raise the National Debt Ceiling by another $1.3 Trillion.  In fact, if Obama's spending trajectory continues, this President will add about $6.2 Trillion to the National Debt, in his firm term in office, more than any other President in American history.  President George W Bush added $4 Trillion to the National Debt in 8 years in office.   At the end of Obama's first four years, the National Debt will stand at nearly $17 Trillion.  And, Obama's projected budgets looking out ten years, if his reckless spending is allowed to continue, would add $10 Trillion more; but of course the markets will never allow it to happen.

The United States credit rating has already been downgraded for the first time in modern history.  9 Countries in Europe have had their credit ratings down graded because of the financial mess in Europe.  If Obama continues his deficit spending, at levels that are both reckless and irresponsible, US Treasuries bonds will eventually be rated as junk bonds.  The day is coming because there is no plan in place to Balance the federal budget and pay off the National Debt.  In fact, the Senate, managed by Socialist Senator Dirty Harry Reid of Nevada, has not enacted a budget in more than 800 days.  Our country is being run by a series of continuing resolutions just to keep the government from shutting down.   Harry Reid should be in jail not in Congress for his high crimes and misdemeanors.

In an election year joke, Socialist President Obama is calling for the consolidation of six government agencies.  Hurrah!!   But will it ever happen.   And, more importantly, how many public union employees will be cut and how many programs will be eliminated.   We need to see details; but I would not bet any money on Obama actually getting rid of any of his union supporters.  That will happen when hell freezes over. 

We have got to take back our country in 2012 and 2014 by sweeping these Socialists at all levels of government, including President Obama and RINO's out of office.   These characters are bankrupting our country as they continue feeding at the trough.   Isn't it interesting that members of both political parties oppose Term Limits.  Wonder why?   None of them want the gravy train to end.  We have to put on our hip boots to drain the swamp that is Washington DC.   The work will be hard and stinky; but we must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   In the mean time, the National Debt is going up millions of dollars each hour of every day with no end in sight. 

Thursday, January 12, 2012

Michelle Obama - Angry Black Woman

First Lady, Michelle Obama has complained that some people in America, including some in her inner circle, have portrayed her as "an angry Black woman".   The reality is that in a recent tell all book about the Obama's, Mrs. Obama has been portrayed as an aggressive personality, calling the shots, at the White House.   Why would that surprise anyone.   Michelle Obama is an attorney that had a career of her own before Socialist President Obama was elected.  

Of course, once Obama was elected to the US Senate, Mrs. Obama's salary doubled, or tripled to several hundred thousand dollars a year for part time work for a major hospital in Chicago.  Gosh, I wonder why suddenly Mrs. Obama was worth so much more once her husband was elected to the US Senate.   Do you think there was a connection?  Well dah!

In any case, Michelle Obama is more like Hillary Clinton as First Lady, rather than either Barbara or Laura Bush.   Michelle and Hillary, both attorneys, are and were actively involved in government policy as First Lady's.   While Mrs. Obama is very attractive and appears to be a great Mom, it is clear that she is not baking cookies in the White House.   So what!   

This Blogger's problem with Mrs. Obama is not her radical activism, which should be expected given her background, intelligence and experience, or that, as reported, she may have been verbally abusive, mean and demanding to White House staff members, but rather that she made the statement early on that the first time she was proud of America was when her husband, Socialist Barack Obama, was elected President.   That statement was the end of Michelle's Obama's sweet heart relationship with the American people.

The people of the United States have invested blood and treasure to fight for liberty around the world.  Together we have built the greatest nation in human history that is today threatened from within; yet Mrs. Obama stated that the first time in her life she was proud of America was when her husband was elected to the Presidency.   That statement was an indication of Mrs. Obama's hatred of the country that has given her a privileged life.  What else could it be?  Remember, the Obama's went to a church in Chicago for 20 years with a racist minister that regularly cursed America.  That says a lot about the Obama's feelings about our country.

Further, Mrs. Obama has been tone deaf to the plight of the 25 million Americans that are either unemployed, under employed working part time that want full time work, or that have just given up looking for work altogether when she and her husband jet off to expensive vacations, at tax payer expense, to places like the Spanish Rivera in Europe, or even Hawaii every year.   Or, when the Obama's have a secret Halloween Party, complete with movie stars, at the White House that no doubt cost millions of dollars.  The Obama's are certainly living high on the hog at taxpayer expense.  The Bush's never did any of these things.   Even the Clinton's vacationed close to home in the United States. 

Is Michelle Obama "an angry Black woman"?   Who cares!  Like her husband Barack Obama, Michelle Obama is a left wing, Socialist, activist who supports bigger, more intrusive government into every aspect of daily life.  Mrs. Obama's campaign to tell us what we should eat is none of her damn business.  The Obama's are spending our money to live the good life when we have a $15 Trillion National Debt, with no end in sight.   That makes this Blogger an angry White Man, committed to sweeping the Socialist Obama's out of office in 2012, not because they are Black; but because they are bankrupting our country.     

Wednesday, January 11, 2012

Romney & The Truth About Venture Capital Companies

The truth about venture capital companies, like Bain Capital, the equity firm founded by Governor Mitt Romney, is that they are solely in business to make money, by getting a good return on investment, as quickly as possible.   This contrast with Berkshire Hathaway, founded by Warren Buffett, which is a buy and hold company.   Venture Capital companies buy companies with the full intent of flipping them as soon as they can make a good profit on their investment. 

To be clear, Venture Capital companies are not in business as a primary goal to "create jobs".   If jobs happen to be created as a result of a Venture Capital investment, all and good, but job creation is not the driving force behind Venture Capital company investments.   Very often Venture Capital companies go into distressed companies, to make an investment to save the company by improving the viability of the company, which could include selling the parts of the company that have little, or no value.  When that happens, people very often lose their jobs.  It is what it is.  And, sometimes the company can't be saved resulting in bankruptcy and closure.   This is a high risk, potentially high reward business. 

Venture Capital companies also implement another get rich quick scheme and that is to take a perfectly healthy public company private.   When they do that in some cases, Venture Capital companies will then load the company up with debt by borrowing against the assets of the company.  In essence, Venture Capital companies take out a huge mortgage on the company to take out millions, if not billions of dollars that are distributed up front to the players as dividends, or other distributions.  

If all goes well and the cash flow is there to make the payments, life goes on.   If the economy turns as has happened in some of these deals, the company could face bankruptcy.   This scheme can be evil because it is clearly intended to make the Venture Capital company and the senior management of the acquired firm millions of dollars, without really contributing any value to the company.   This could be termed Vulture Capitalism. 

This is a classic case where cards talk and numbers don't lie as all Venture Capital companies only care about the numbers.   There is no doubt that Governor Mitt Romney, who was rich from inheritance before he founded Bain Capital, got much richer after founding Bain by working the numbers in these Venture Capital deals.  

This Blogger predicted several blog postings ago that Romney's wealth and involvement with Bain, portrayed as a Wall Street Company, even though Bain is headquartered in Boston, plays right into Obama's Class Warfare reelection strategy.   The fact that this whole discussion is coming up during the primaries is actually good because if Romney can't stand up to the scrutiny now, he will never be able to withstand Obama's billion dollars in negative ads next fall. 

Mitt Romney claims that he created 100,000 net new jobs through the 100 or so deals done by Bain while he was CEO.   That is all fine and dandy; but those people will not be in the negative commercials coming out against Romney.  Instead, Obamanistas will have the factory worker that lost his job, stand in front of the shuddered factory, to tell his story particularly if that job ended up in China.   There will be many sad stories designed to make Romney look like a rich villain Vulture Capitalists. 

If Mitt Romney does win the Republican nomination for the Presidency, he must take the offensive on this issue.   First, he must explain the nature of Venture Capital companies and point to all the firms in the US, whether established by Bain, or other Venture Capital companies, that are in business today because of these investments.   In doing so, he must defend free market capitalism and contrast it with Obama's Socialism.   To date, while other Republicans candidates have done so, Mitt Romney has not used the word Socialism in reference to Obama because Romney is a Moderate.   If Romney has any chance of winning, he has to take the gloves off and call Obama the Socialist that he is and always has been. 

We have to take back our country in 2012 and 2014.   We all know that Socialists like President Obama will do anything, or say anything to stay in office.  Obamanistas will lie, commit election fraud and literally raise the dead to vote for Obama.   After all, this is business as usual for Chicago dirty politics.   Obama's Republican opponent, who ever he is, must be tough as nails to defeat Obama.   Our country depends on it.  

So, if Mitt Romney is the Republican nominee,  the people running his campaign must be prepared to fight fire with fire.  Let's start with calling Obama a Socialist; hence the reason this Blogger always refers to Socialist President Obama.   When we hear Mitt Romney using these words, we will know that he is serious about winning the Presidency.   Until then, we can assume that Mitt Romney is not tough enough to wage this campaign. 

Tuesday, January 10, 2012

Governor Mitt Romney - Saying The Right Things

Governor Mitt Romney is saying the right things in order to win the Republican nomination for the Presidency.   Romney talks like a true Conservatives; but given his record as a flip flopper on all key issues, the question is will he walk the talk if elected President.   Most Republicans consider themselves Conservatives, not Republicans.   The fact that real Conservatives are splitting the vote in the primaries, which may allow Romney to win the nomination, does not change the Conservative majority thinking within the Republican Party. 

If we come together to support Mitt Romney for the Presidency primarily because Socialist President Obama is such a failure,  Romney will be the last Republican President, if he governs as a Moderate to continue the last 100 years of Socialist creep.   In fact, if that happens, the Republican Party will go the way of the Whig Party and be no more five years from now.   Conservatives will desert the Republican Party to form the Conservative Party of America.   The votes Ron Paul is garnering is really a shot across the bow.   Though Paul is dead wrong on national security issues, Paul is dead right on fiscal matters and the fight to preserve our freedom. 

Conservatives support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, which includes paying off our National Debt, term limits, real education, energy, health care and entitlement reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people. 

If Mitt Romney is elected President and then does not adhere to these principles, first he will be a one term President and second the Republican Party will be a goner.   We have to take back our country in 2012 and 2014 by sweeping Socialists, at all levels of government, including President Obama, out of office.   In doing so, we also have to rid the government of RINO's that have also been feeding at the trough for years.   If it turns out that Mitt Romney is a RINO as suspected,  Conservatives will rise up to throw him out of office and to end the Republican Party once and for all.  

The clock is ticking for the Republican Party.   There is no Democrat Party left in America.  Obama's Democrat Party is now the Socialist Party of America.   We don't want, or need a Socialist Party Light in the form of a RINO led Republican Party that is complicit in more years of Socialist creep.  Conservatives are mad as hell at both political parties that have bankrupted our country.   This is it for the Republican Party.    No more chances.   If Republicans do not adhere to Conservative principles, the Republican Party is done. 

Monday, January 9, 2012

US National Debt Now At 100% Of Gross Domestic Product

The US National Debt just hit $15.23 Trillion, which is now equivalent to 100% of US Gross Domestic Product.   That is, the American people now owe the equivalent of all the goods and services sold in the United States, on an annual basis, with no end in sight.  It is important to note that bankrupt countries like Greece and Italy have a sovereign National Debt equivalent to about 125% of their GDP and we see the end result.   In order for those countries to borrow money, the markets are extracting interest rates of 6 - 8%, if they can borrow at all, in a 2% market. 

Those countries are experiencing riots in their streets, as their governments are being forced by the big brother Germany to put in place austerity programs, as a condition for bail out money.   These bankrupt countries in Europe are fast losing their national sovereignty as Germany is telling them what to do.  What did not happen as a result of two world wars is now happening as a result of fiscal mismanagement.   Germany is taking over the rest of Europe because they are really the only country in Europe that can write the checks to bail out these bankrupt countries; but only if they choose to do so.   Never forget, he who has the gold always makes the rules and in this case, Germany has the gold.  

If we don't stop Obama from bankrupting our country, the United States will suffer the same fate as is happening in Greece and Italy.   The Chinese would be more than happy to take the state of Alaska with its mineral and oil resources in exchange for the $1 Trillion we owe them.   If we default on our debt obligations, which will occur if we can't roll over our debt, the Chinese would have every right to ask for something of value in return for the monies they have lent us.  Alaska is probably closer to China than to Washington DC.   Just wait and see.  

We have to take back our country in 2012 and 2014 by sweeping these Socialists at all levels of government, including President Obama, that are bankrupting our country, out of office.   The clock is ticking as the National Debt continues to grow with no end in sight.  Socialists will never make the spending cuts necessary to get our country back on track.  So we have to send them packing to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We can do it.  We must do it to protect and preserve our nation.   We have to put on our hip boots to drain the swamp in Washington DC.  The work will be hard and stinky; but it must be done to save our country.      

Sunday, January 8, 2012

The Choice In 2012 & 2014 - Capitalism or Socialism

Voters of the United States will face a stark choice in the elections of 2012 and 2014.  It really doesn't matter who the Conservative Republican candidate for President is that will run against Socialist President Obama.  Republicans, in general, support free market capitalism, limited, smaller government, a balanced budget, lower taxes and less regulation, Congressional Term Limits, real education, energy, health care and entitlement reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life, marriage between a man and a woman and the family as the foundation of our nation. 

Socialists, like President Obama and his supporters; those that pay no income taxes at all, those on the dole, big unions, radical environmentalists, crony capitalist companies, trial lawyers, the illegal alien lobby, Hollywood types and the lame stream, left wing media support Socialist bigger, more intrusive government, deficit spending to add to our National Debt, new entitlements, higher taxes and more regulations, politicians in office for life, a weak national defense, including an open border, limits or even bans on gun ownership, abortion on demand and a redefinition of the family to include Gay marriage.  

The choice between the Republican the Socialist visions for America cannot be more stark.   If Socialist President Obama is reelected, his goal is to "transform" America into a European style command and control Socialist economy where government picks winner and losers and intrudes into every aspect of daily life.   The only problem is that this vision has led to catastrophe in Europe as several countries face bankruptcy.  And, in the last hundred years, European Socialist countries have consistently had higher unemployment, slower growth and a lower standard of living than the United States.   Cards talk and numbers don't lie.  Europeans in general are not better off than most Americans; but that does not matter to Socialists like Obama who seek to redistribute income in the name of social justice, even if it means a lower standard of living for all Americans.   It is just plain crazy.  

So, we will choose between Obama's Class Warfare in 2012 and 2014 that seeks to divide our nation by class, into interest groups predicated on the politics of envy.  Or, the American people will decide that we are one nation under God, one people guaranteed life, liberty and the pursuit of happiness, under our Constitution, as was intended by our Founding Fathers.   We will either adhere to the free market Capitalism that has made our country great and the freedom given us by George Washington, Thomas Jefferson, James Madison and John Adams, or we will follow the Socialist ideology of Karl Marx, Woodrow Wilson, Franklin Roosevelt and Barack Obama.   If the people of America choose Socialism,  over time, we will experience the same misery, poverty and loss of freedom that has always accompanied Socialism where ever in the world it has been tried and failed.   We just can't let that happen. 

We have to take back our country in 2012 and 2014 to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  We have to roll back 100 years of Socialist creep by sweeping Socialists at all levels of government, including President Obama, out of office to prevent the bankruptcy of the United States and the resultant loss of our loss of national sovereignty.   The choice in 2012 and 2014 is clear.  It is freedom or tyranny.  It is just that simple.  Too much blood and treasure has been shed to allow our nation to slide into tyranny so we must fight hard to defeat the enemy within our country, just as our soldiers have fought to defeat our enemies overseas.  This battle is just as important because the Socialist enemy within is just as big a threat to our freedom, as any external enemy we have ever faced in our nation's history.           

Saturday, January 7, 2012

Obama's Gestapo Consumer Financial Protection Bureau

The Dodd Frank Financial Regulation bill, enacted by Socialist Crooks in Congress, like Congressman Barney Frank and Senator Chris Dodd, included something called the Consumer Financial Protection Bureau, another Gestapo Agency, much like the Environmental Protection Agency and the National Labor Relations Board, as managed by Socialist President Obama.  It is reported that the CFPB will have an annual $500 million budget, with no accountability to Congress, or anyone else to go out and terrorize mortgage companies, banks and other lenders with new regulations that will make it difficult if not impossible to do business in the name of Consumer Protection. 

To make matters worse, Obama used a Recess Appointment to make Richard Cordray, a former Attorney General of Ohio, the Director of this new Gestapo Agency.   The only problem is that the Senate was not in Recess making this appointment unconstitutional.  Obama does not care as he has announced that he intends to do whatever he wants, bypassing the Congress, as he chooses.   Apparently, Obama the Dictator and Chief believes he rules by Divine Right, like a King, rather than by Constitutional authority.  His majesty Obama, the King, is out of control.   

The United States is going bankrupt.  Obama is borrowing 40 cents out of every dollar that he spends adding to our $15 Trillion National Debt.  Instead of eliminating redundant programs, agencies, commissions and departments to prevent the bankruptcy of our country, Socialist President Obama continues to grow the government even bigger.   Adding this additional job killer, Gestapo agency, will only make it harder for the poor and middle class to get credit.  Consumer Protection is about education, not more legislation, or regulation.   There are already tons of laws on the books to protect Consumers. 

Years ago, this Blogger taught a 9th grade Social Studies elective called Dollar Power.  This 20 week course was focused on badly needed Consumer Education.   The fact is that all students should be required to take a Consumer Education course before graduating from high school to learn about responsible use of credit, buying and selling goods and services and the free market economy.  

And, Obama's Consumer Financial Protection Bureau is an overlay of state Consumer Protection Agencies that have been in place for years.  This is just one more duplication of agencies like the Department of Education that also exists in every state government.  The United States is BROKE.   When are these Socialists going to figure out that we can't continue adding redundant programs, agencies, commission and departments to the federal government, year after year.   We have to shrink the size of the federal government from Obama's 25% of GDP down to 17 or 18% of GDP at most, to allow the private sector to create economic growth and new jobs.  

The elections of 2012 and 2014 will present a very distinct choice.   Continue to follow Obama down the Socialist path to bankruptcy and the economic collapse of our nation, or stop the fiscal insanity that exists in Washington DC.   We have to take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   We must sweep Socialists, at all levels of government, including President Obama out of office because they are reckless and irresponsible and will destroy our nation if they are allowed to prevail.   We can't let that happen.  

We have to put on our hip boots to drain the swamp that is Washington DC and send these characters packing to get our country back our track.   We can do it.  We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We don't need any more government agencies to limit our freedom and make our lives miserable.  Quite enough of them already exist that must be eliminated and the sooner the better.