Wednesday, February 11, 2009
Wednesday, February 4, 2009
Saturday, January 31, 2009
The meeting will begin with a 15-20 minute reflection session on the platonic nature of President Obama’s inauguration coupled with testimonials on all of the hard work every attending member put in which will lead one or two of the less than stellar go-getters to stay obscurely silent.
The smokers outside will trickle in causing one of the uptight, middle-aged women to mutter under her breath about being allergic to smoke and how cigarettes should be outlawed.
Three hung over college students who have never worked more than a summer job will trickle in wearing Abercrombie & Fitch gear.
Someone will begin serving overpriced free-trade coffee.
The leader of the group will preface his/her presentation with an overused, snide comment regarding President Bush and transition into how important it will be to continue to bring about change for President Obama. (cheers will follow)
In the midst of the cheers, the awkward, self-proclaimed socialist in the corner everyone is afraid to make eye contact with will make an oafish comment followed by nervous laughter.
The group gets down to business by discussing how they can ensure that President Obama’s Economic Stimulus bill will pass. Unfortunately, this conversation will digress when a person who has never owned his own business comments on how Republicans just don’t get the economy. This will be followed by a number of nasty (what’s the word the left is using now?) divisive comments from other attendees who have never owned their own businesses leading to a 3-5 minute tirade against conservatives.
The meeting will resume but not before someone, most likely the trial lawyer who blindly invested in the stock market without doing his research, will make a comment on how this entire problem was brought about by greed; everyone will agree.
The inevitable tie in to the war in Iraq will rear its ugly head.
One of the college students will try to use one of their big boy words and talk about Keynesian economics – he took one beginner economics course freshman year taught by a 26 year-old liberal teaching assistant. This statement will be defended by everyone who will justify all aspects of the stimulus bill with the assumption that they will create jobs.
After distributing his bundle of general, watered down talking points that in no way address where all of the stimulus money will be spent, the leader will hand out assignments and end the meeting - no one will throw away their trash.
A number of rash and primitive conversations will break out questioning the benefits of free markets followed by a wave of criticism towards Rush Limbaugh from people who have never listened to more than five minutes of his show.
Monday, January 26, 2009
Monday, September 29, 2008
Certainly excesses in the private sector helped drive us to the situation that we are in BUT I’m sick and tired of the left placing full blame on free markets. Let’s remember the reason we got here:
Furthermore, take a look at Speaker Pelosi's speech to Congress just before they voted on the bipartisan Bailout Bill that ended up failing....What was she thinking?
Today, after reports that a Federal Wall Street Bailout Deal would pass proved to be false, the Dow Jones Industrial Average dropped 6.98% (778 points). In total, the losses suffered totaled approximately $1.2 trillion dollars; nearly double what the federal bailout plan would have cost taxpayers. While the losses we saw today were substantial lets all take a deep breath and look at this objectively. This evening’s edition of Anderson Cooper 360 literally ran a 20-30 minute economic segment based on the assumption that the money lost today would be gone forever rather than focusing on the long term performance of a fluctuating market. Investors are extremely anxious about the steps the federal government will take to clear these bad loans so banks can begin lending again. Such apprehension is natural and there is no doubt that markets will continue to drop. However, investors are looking for stability; the federal bailout, with all its flaws provides that. Let’s understand that while we suffered a huge hit today it was just one day. Congress will ultimately pass something along the lines of what was voted on; that should provide some stabilization. Remember, we ARE lending out $700 billion dollars – I know that we don’t have an infinite amount of time to pass this bill but this may or may not be one of the most important provisions signed in our lifetime. If Congress wants to mull over it an extra day I’m sure we will all be here tomorrow.
***How They Voted***
DOW Down 778 Points
Wachovia Bought by Citigroup Stocks Plummet 80%
Still confused about the financial crisis? Here is a GREAT link explaining what happened and how the crisis spread into the insurance field (hence AIG)
A Good, Quick Economist Article on the Financial Bailout
Mark Sanford (The Person Who SHOULD Have been the VP Candidate) on The Economy
Thomas Sowell on the Financial Bailout
Saturday, September 27, 2008
In November 17, 2003 a rising star political star promising an administration of reform stood up and was sworn in as the governor of one of the largest states in the union. He promised to ‘change the rancor culture of politics’, ‘reach across the aisle to get things done’, and make his state ‘business friendly again.’ He appealed to independents, republicans, and a large number of democrats. Conservatives, however, were split.
It was a situation humorists will refer to as ‘sweet, sweet irony.’ In November of 2002 the fate of California rested in the hands of a small group of conservatives who, for years, were willing to tell anyone who would listen that they didn’t matter. Racked with an energy crisis, economic woes, and a bitterly partisan legislature, California decided to recall Grey Davis and hold an open election for the Governors seat in Sacramento.
Essentially conservatives had a choice between two candidates: State Senator Tom McClintock, a strict conservative in the essence of the word with principled – not political or ‘pragmatic’ – principled views on a host of issues from taxes to transportation; or, a rookie Politian named Arnold Schwarzenegger, a ‘pragmatist’ actor with few principled beliefs running on a platform of reform, common sense business practices, and the ability to reach across the aisle to instigate change. To be honest, nobody knew much about Mr. Schwarzenegger; we only knew what we were told we should know. What did he stand for? Reform? Great, but in what sense? Job creation? Wonderful, but there are lots of theories on how to create jobs; which would he entertain? Bipartisanship? Ah, now that was something we could use especially with so many Democrats in Sacramento; plus, wouldn’t it be great to finally have a Governor with an ‘R’ by his name again?
There was no question that Mr. Schwarzenegger could attract votes and votes were what we needed to finally have a voice. But were we sure that voice would listen? What did this charismatic man with a great speech writing staff stand for? To be honest, we didn’t know but the prospect of a Republican in the Governor’s mansion again was a risk that we were willing to take – and we did.
The rest of the story is history. Arnold Schwarzenegger ended up standing for Arnold Schwarzenegger; which, is to say, he stood for whatever he darn well wanted to stand for. He was all over the map - he tried to slash the budget; that didn’t work so he did the exact opposite and sold bonds on our economy that this generation will have to pay for when our kids start going to college. He held out on using his political capital to instigate swift change only to hastily throw together a number of intelligent reforms; all of which were rejected. From there Mr. Schwarzenegger spent some time saving the world from global warming by signing shortsighted regulations and making sure that everybody knew that he drove a Hybrid Hummer. After a brief stint in the universal health care ranks Governor Schwarzenegger has come full circle and faces more budget woes and in a state that has the 4th highest unemployment rate in the country.
Moving forward to 2008 we face an eerily similar candidate in Senator John McCain. Ask yourself this – besides national defense, earmarks (only 1% - 2% of the budget), and reaching across the aisle what does John McCain stand for? What will he do about the current financial crisis? Social Security? Medicare? Furthermore, will conservatives have a voice in a McCain Administration? The Arizona Senator has billed himself as a leader who will stubbornly stick to what he thinks is right which, in most cases, is at odds with what most principled conservatives stand for. Is that something worth standing for? In John McCain’s mind placing ‘Country First’ is essentially an appeal to apply his miscellany beliefs above a focused set of ideas. Like Governor Schwarzenegger, Senator McCain’s foundation flounders early and often. Conservatives will have a hard time holding his ‘feet to the fire’ if he has no reference in which to listen.
Tuesday, December 4, 2007
New and improved version! Sometimes it is hard to write coherently at 2 a.m..
Despite the collective efforts of Andersen Cooper and the Cable News Network, the latest Republican debate was still a feisty and entertaining program. With nearly a month left before the first votes are cast in the
Clearly the individual with the most to lose entering
Former Tennessee Senator Fred Thompson also needed a strong showing in this last debate as he has seen little or no growth in his polling numbers. Senator Thompson’s hyped splash into the Republican field has been dissapointing at best; faced with lukewarm fundraising totals and a dwindling number of “Fredheads”, Thompson desperately needs some sort of spark to kick start his floundering campaign.
Other than Arizona Senator John McCain, who also needs a strong push to start his campaign back up, the rest of the candidates could afford to enter
Mike Huckabee was the clear winner of the night; the former Arkansas Governor had all the momentum in the world and was able to capitalize. Huckabee has found his niche in the Republican Primaries with an evangelical Christian bloc that has long held reservations about Mitt Romney. Playing the sunny preacher with an increasing support base, Mr. Huckabee could afford to stay positive and he did. The Governor hit the ball out of the park with his defense of
While leading in the national polls, Mayor Giuliani has not received the same amount of popularity in
You can really see the frustration and fatigue in the face of John McCain, especially when it comes to immigration. Surprisingly, the Arizona Senator has been slowly rising in the polls, mostly because of his aggressive stance on the war in
While Mr. Paul will not receive the Republican nomination, his message has resonated among the libertarian wing of the GOP. Currently, the problem with Mr. Paul is he isn’t ready for primetime. You can tell that the Texas Representative is not the greatest natural speaker and that tends to trip him up. Additionally, Mr. Paul has a nasty habit of actually answering the questions that he is being asked. During the debate, the Congressman received a bizarre question about the transcontinental highway; to his credit, Paul gave a fairly detailed report on the development of trade relations and national sovereignty; while educational, such answers are not what people want to hear. Paul has a great message and is the lone voice for a lot of displaced economic conservatives but he needs to get better at tailoring his talking points and using his speaking time to focus on issues that resonate. Overall, Paul did fairly well and, for the most part, held his own against John McCain on the war in Iraq but he could make even more headway if he spent some time with a speech coach.
On a side note: It seems that the only Paul supporters I run into are stoned, confused hippies and college professors. Are there any normal people supporting Ron Paul?
Someone needs to tell Fred Thompson’s campaign manager to give him a few Red Bull’s before he attends the next debate. It must be so frustrating to be a ‘Fredhead” as the Senator has the right philosophy but lacks the charisma and fire to communicate his message. Right out of the gate, Thompson fell flat and aside from a quick jab at Giuliani’s hiring practices, he was a complete non-factor in
The Governor had the most to lose in this debate and he most certainly lost it. Romney really needed a strong performance in
For the record I am boycotting Tom Tancredo out of general principle. I have also made an executive decision: Duncan Hunter is no longer running for President.