Saturday, December 29, 2012
Only academics could buy that manure -- that the way to fight the effects of massive, long term overspending, much of it via borrowed money, is to borrow much more to spend more. They argue that less federal spending will cause people to worry about the economy and, with less money in their pockets via higher taxes, they will spend less and therefore "hurt" the economy.
The US is functionally bankrupt and must cease going into deeper debt to spend on ourselves now. Plain and simple. And one reason the bad economy didn't hurt Obama as much as Republicans hoped for is that a huge proportion of the electorate has been shielded from the Obama spending binge because Republicans, those of the Stupid Party, pressured, or were duped into pressuring, Obama to go along with extending the Bush cuts a few years ago. So taxes stayed lower while spending skyrocketed.
Enough. Enough. Although I don't want to pay higher taxes, especially to fund a Democratic party spending binge that primarily serves to increase dependency on big government (the prime Democrat strategy), people have voted for big government and now everyone must pay up. When voters are fully paying for bigger government maybe then more voters will think twice about voting for it.
Avik Roy and Marc Thiessen agree (link).
John M Greco
Tuesday, December 18, 2012
|The University of Chicago's "C" Logo|
Yes, the first NFL post-season game was played indoors (link), on a field only 80 yards long. The local team prevailed, as the Chicago Bears, the second oldest NFL franchise and the long-term, ahem, borrowers of the University of Chicago nickname Monsters of the Midway and football-shaped “C” logo (pictured; link), defeated the Portsmouth Spartans (now the Detroit Lions) 9-0 – 80 years ago today.
No doubt sensing a good thing when it saw it, the NFL honchos instituted an official post-season Championship Game thereafter. The following year the first official one was played, once again in Chicago, and this time at Wrigley Field. And once again the Bears prevailed, with a game-ending designed trick play (link), this time over the New York Giants.
Want More Federal Tax Revenue -- Eliminate Deductibility for State & Local Taxes and Stop Subsidy of High Tax Democrat States
But this will never happen because this "fiscal cliff" kabuki theater is not about tax fairness -- if it was the deduction would already be gone. For Obama, it's about protecting Democrats by preserving an incredibly unfair aspect of the tax code. Allowing taxpayers to deduct their state and local taxes from their federal income tax means they pay a lot less, for a given level of income, than taxpayers in states with low state and local taxes. Deductibility results in a subsidy from low tax states (read -- Republican controlled) to high tax states (read -- Democrat controlled).
From the Wall Street Journal editorial of 12/17/2012 (link):
I would add to the last clip from the WSJ: “Mr. Obama wants to raise tax rates, rather than eliminate deductions, so his fellow Democrats can keep raising state and local taxes without bearing the full economic and political cost....” and thus continue to play the taxpayers of Republican-dominated low tax states for suckers.
John M Greco
Friday, December 14, 2012
The incomparable Michael Walsh sums up the current state of the Republican party today at National Review Online (link), essentially arguing, as he has for some time, that in general Republican Party leaders still have not recognized what they're up against, what the modern Democrat Party has become:
Fortune favors the bold, as the saying goes. The Romney fiasco should be the death knell of the Washington Generals approach to competing against the Democrats, and the whole lot of the Old Guard — starting with weepy John Boehner — should be tossed out and replaced with those who can distinguish between strategy and tactics and who understand that the only acceptable strategic outcome should be total victory over the modern Left and its alien, imported ideology. After all — that’s certainly the other side’s goal.
Of course, that depends on whether you see the current conflict as simply politics-as-usual, in which both sides share the same basic values and aspirations, and differ only in methods (the Boehner approach); or as a struggle between individualism and collectivism, which has been going on in Europe since Rousseau and his evil love child, Karl Marx, but is still relatively new to these shores. But extending the olive branch toward an opponent who’s not prepared to extend to you the slightest shred of moral or political legitimacy is suicidal. Unless, of course, you think it’s all a big game, a racket in which both sides have pretended to fight in order to divvy up the near-boundless swag of the federal treasury and keep the suckers back home happy come election time with a little kabuki and pantomime.
Accordingly, over the past two decades, the establishment Republicans — who knew the Rockefeller wing had such tenacity? — have nominated a string of reach-across-the-aisle types, and where has that gotten them? In the aftermath of 9/11, the author of the No Child Left Behind act was pilloried as a warmongering beast, McCain was savaged by his former “buddies” in the media as the walking dead, and Romney stood by mildly as he was accused by the Democrats of murder and Obama cried for revenge.
You can’t win a fight unless you’re prepared to credit your enemy with the will and the capacity to achieve his stated objectives, and as long as the Republicans continue to treat the Democrats as just a slightly more extreme version of themselves, they’ll continue to lose. On November 6, conservatives received a valuable object lesson in living inside their own bubble, slurping up what Fox News told them and believing that the ghost of Ronald Reagan’s 1980 electorate would once again show up at the polls, like the phantom army in Tolkein’s Lord of the Rings. Meanwhile, in the 40 years since they seized control of the Democratic party, leftist radicals have honed their divisive message and perfected their blunt-force tactics — all in the service of a strategy, as the actions of President Obama make abundantly clear.Yes, there are 30 Republican governors and the Party hasn't been stronger at the state level for generations, and there are reasons for that strength that should be translatable to the national scene. But it still is hard not to despair for a culture and politic predicated on promoting and protecting individual liberty, self-reliance, free-enterprise, and the rule of law.
John M Greco
Monday, November 26, 2012
All Investing Solo Posts
Thursday, November 8, 2012
Microcosm of a Romney Loss – Obama Won In Republican Chicago-suburban DuPage County, & Abortion Looms Large
Wednesday, November 7, 2012
The 2012 Elections = Thoughts on the Big Night for Obama & the Democrats, and the Implications for Republicans
Wednesday, October 31, 2012
Monday, October 29, 2012
Sunday, October 28, 2012
|A Russian Missile|
Tuesday, October 23, 2012
|Memorial to the Australian 9th Division|
at the El Alamein Cemetery
Fathering More Lies – Obama's latest spin on Born-Alive (link)
When Obama Voted For Infanticide (link)
Obama’s Abortion Extremism (link)
Obama and Infanticide (link)
Clarifying Obama’s Vote On Born-Alive (link)
Why Obama Really Voted For Infanticide (link)
Obama’s Infanticide Votes (link)
Sean Hannity Interview of Nurse Jill Stanek (link)
Friday, October 5, 2012
A great example of this liberal/left belief in control by elites is the provision in Obamacare that creates an unelected "board" of bosses to ration medical care. It's pitched under the ruse that it's there to identify and promote only that medical care that is really effective. It's a lie. The board is there to ration care so to limit spending on medical care and to ensure that money isn't spent on care for people who have outlived their usefulness, in the eyes of the liberal elite. Turn 65 and need a hip replacement -- fuhgettaboutit. Hit 70 and need cataract surgery to see -- tough luck. Need life-saving heart surgery as a health 90 year old -- sorry, too expensive for someone your age. Want to spend your own money to get that care even if Medicare won't pay for it -- Hahahaha -- think the controllers, the bosses, will let people with money escape their grip and let you get medical care they're denying for a person without money? Not a chance. Death Panel indeed.
From Elizabeth Price Foley posting today at Instupundit (link) about that Obamacare rationing board, which goes by the wonky and innocuous-sounding "Independent Payment Advisory Commission (IPAB)" and will probably have an office right next door to the "Ministry of Truth":
....[T]wo extremely bizarre aspects of IPAB that get far too little attention:
(1) The IPAB itself can be disbanded only by a 3/5 supermajority of both houses of Congress, AND
(2) only if the resolution to disband is introduced between Jan. 1- Feb. 1, 2017, and approved (by 3/5) before Aug. 15, 2017. That is a maximum 8.5 month window. After this time period, any attempt at disbandment is not allowed under the statute.
....[A]side from [the constitutionality of these provisions in Obamacare], the salient point is this: Progressives adore “expert” panels like the IPAB because they believe they are better able to make tough decisions about how to cut Medicare spending than our elected representatives. And they love these unaccountable expert panels so much that they attempt desperate measures like “entrenching” them statutorily, writing language that purports to make these boards hard to repeal–and impossible after a very narrow window. This isn’t very “progressive” at all, because such entrenchment presumes that future generations can’t govern/decide for themselves, and nothing can ever be altered or improved. Typical hypocritical, control-freak progressivism.
John M Greco
Sunday, September 30, 2012
"The future must not belong to those who slander the prophet of Islam. But to be credible, those who condemn that slander must also condemn the hate we see in the images of Jesus Christ that are desecrated, or churches that are destroyed, or the Holocaust that is denied.”Jesus Christ is just Jesus Christ, but Muhammad is "the prophet of Islam".
So how about this award-winning "artistic" creation of an ultraliberal artist supported by United States government funds, which came from United States taxpayers courtesy of liberal Democrat lawmakers: "Piss Christ" (link; link)? It's about to open for display at a NYC gallery. Wikipedia states that "[t]he piece was a winner of the Southeastern Center for Contemporary Art's "Awards in the Visual Arts" competition, which was sponsored in part by the National Endowment for the Arts, a United States Government agency that offers support and funding for artistic projects."
"Obama Silent Over Calls to Denounce 'Piss Christ' Artwork":
Religious groups are blasting President Obama for not condemning an anti-Christian art display set to appear in New York City and one Republican lawmaker said he is “fed up with the administration’s religious hypocrisy. “Piss Christ,” once branded as a “deplorable, despicable display of vulgarity,” will be displayed ... in Manhattan.... The artwork features a “photograph of the crucifix submerged in the artist’s urine.” Religious groups and some lawmakers have already started sounding off – and making comparisons to the controversy over a recent anti-Muslim film. The low budget movie “Innocence of Muslims” sparked violent and deadly clashes across the globe. It also brought strong rebukes, condemnations and apologies from President Obama, Secretary of State Hillary Clinton and a host of administration officials.The Obama Administration last week arrested the maker of the allegedly anti-Muslim film in Los Angeles on trumped up charges unrelated to the film, no doubt to appease the global Muslim community, American principles of free speech be damned, and not a peep out of American liberals. Meanwhile, the US government-funded "Piss Christ" is on display in New York, and the "artist" is still at large. Think we'll see a "Piss Muhammad" anytime soon, funded by the United States government, no less, and winning awards from culturally self-loathing liberals? Me neither. If Christians and Jews would lop off a few heads now and then, as Muslims do, then they would be feared and thus respected by the hateful and godless ultraliberal American elites.
John M Greco
Sunday, September 23, 2012
Tuesday, September 11, 2012
How do you explain the success of socialist politicians against free-market politicians in democracies all over the world, despite the manifest failure of socialism, and the manifest success of a free economy?
I remember an answer that Jeane Kirkpatrick once gave. Their rhetoric is better than ours, she said. More appealing. They talk of “fairness,” “community,” “solidarity” — “We’re all in it together!” They also promise to solve your problems by demanding more of others, namely the “rich.” (But the problem with socialism, as Margaret Thatcher noted, is that sooner or later you run out of other people’s money.)
Free-market types, by contrast, talk about “self-reliance,” “entrepreneurship,” “independence” — which, frankly, are words and concepts that scare the hell out of a lot of people.
Saturday, September 8, 2012
Thursday, September 6, 2012
And then there's been the stunning fiasco (link) about getting caught taking reference to God and Jerusalem out of the party platform, multiple Dem leaders lying about whether it was true at all and then about how and why it happened, and then the crowning event, the haphazard convention floor voice vote, taken three times, in which clearly the required 2/3 vote was not obtained to reinsert the language but where the convention chair declared the vote successful anyway.
And remember that just a couple of weeks ago Vice President Joseph Biden told a mostly black audience in Virginia, once a slave state, that the Republicans want to "put ya'll back in chains".
They're mean, angry, and vicious. Not your father's Democrat Party. Not by a long shot. What has happened to them? What have they become?
John M Greco
Tuesday, September 4, 2012
Wednesday, August 29, 2012
From the liberal website Politico (link):
Yahoo News has fired Washington bureau chief David Chalian [JMG: formerly of ABC News] after he was caught on a hot-mic during an online video broadcast saying that Mitt Romney and his wife, Ann, had no problem with African Americans suffering as a result of Hurricane Isaac.... "They're not concerned at all. They're happy to have a party with black people drowning," Chalian said over a break during the ABC News/Yahoo News webcast, in reference to the fact that the GOP convention in Tampa is taking place as Hurricane Isaac makes landfall on the north Gulf coast.Think Chalian is some minor hack? Think again. He defines the mainstream liberal media. He is on the faculty of the Georgetown U. School of Continuing Studies Journalism Program (link); his bio there states: "He previously served as the political editor for PBS NewsHour, managing the editorial content from the NewsHour's congressional, White House, and Supreme Court beats... Prior to [that], Chalian was the political director for ABC News. In this role, he helped oversee the editorial content of all political news...." Think any of his vicious views biased any of his work?
One reader commenting at National Review Online: "Yahoo hired Chalian after he produced the Charlie Gibson interview of Palin. How does his comment about the Romneys deviate in any way from his work there?". Yahoo may have fired him just for being stupid enough to get caught on an open mic.
Meanwhile, NBC News is airbrushing any coverage of the two black politicians who spoke yesterday at the Republican National Convention. From National Review Online (link):
The NBC News page for “Tuesday Night’s RNC Speeches” does not include Mia Love or Artur Davis. Apparently remarks by a former Democratic congressman who seconded Barack Obama’s nomination at the 2008 Democratic Convention is not among the “notable” speeches from last night. It’s enough to make Glenn Reynolds ask: “Is NBC racist? Looks that way. I mean, they’re airbrushing out the black people!” Then again, MSNBC didn’t air the Love or Davis speeches either, nor that of Senate candidate Ted Cruz [JMG: who is Hispanic].The ultraliberal and deceptive NBC News is desperate to preserve the media lie that there are no "genuine" blacks and Hispanics in the Republican Party. And when they show up quite publicly, and quite inconveniently for NBC, they must be airbrushed away, just as Stalin would airbrush out of old photos people with whom he fell out. For NBC News, it's as if they never existed, and all that's left is the lie.
John M Greco
Monday, August 27, 2012
From Drudge Today:
Here's the picture of Obama as the Obama tribute (link) to Neil Armstrong; the Daily Caller asserts that "This is not a Photoshop. This was actually posted on Obama’s official Tumblr page:"