Saturday, August 6, 2011

Government Amateurs vs Government Professionals

The real problem with government spending, taxes, and the like is exposed in this post linked below.  In short, the premise of the argument is that government is an industry and those who work in this industry act and react just like workers in any other industry, say automotive, entertainment, medicine, advertising, publishing, energy, et.al.  An additional personal observation unremarked upon in this post, is the affinity liberals and democrats have for government and government work.  This affinity is one reason the vast majority of government employees are democrats and vote heavily democrat at election time.  Obviously these workers are voting for the policies that grow and expand the size of government, their industry, and mostly these programs are proposed by liberals and democrats.  Since between one in five and one in six employees in the workforce work for the government at all levels (state, local and federal) the democrats have a solid constituency for their programs ready-to-go at election time.  It's hard to see how the republicans can overcome this disadvantage.

Government Amateurs vs Government Professionals

Friday, August 5, 2011

The deconstruction of Obama

James Lewis's deconstruction of Obama here says everything about the guy that can and needs to be said.  After this no other analysis of this pitiable, pitiful excuse for a leader, is necessary.  The country is in for a rough ride until the One goes back to wherever he came from in the first place.

Wednesday, August 3, 2011

Never, ever, ever trust a liberal

Scott Johnson of Powerline underlines and confirms a belief many conservatives have about liberals, at least most liberals.  They dissemble constantly and think nothing of it.  To a liberal lying is a perfectly acceptable strategy in order to further any cause they espouse, which usually starts with enlarging the size and scope of government through dependency programs they propose and get passed by their counterparts in the government.  After all administering some government handout program sure beats subjecting oneself to the vagaries of free market enterprises where one has to actually provide a product or service that someone else is willing to pay money for.  Furthermore the jobs liberals want typically don't ever go away and thus represent security not available to one making an honest living in the private sector.  It behooves everyone to read this post by Johnson to understand the venality of most liberals.  The lesson here:  do not trust a liberal anymore than you would trust a Muslim who practices Taqiya (defined as the practice of acceptable and permissible lying by Muslims to further the cause of Islam when dealing with infidels), or a communist who lies and dissembles with impunity in the furtherance of his evil cause.  In short, liberals are simply western political versions of Islamists and communists and should be recognized as such by the rest of us.  Elizabeth Warren, the subject of Johnson's post, is the Harvard law professor appointed by Obama to create the new Consumer Financial Protection Bureau now operative.  Ms Warren,  like Obama a doctrinaire liberal, was not confirmed by Congress to run this abomination she created, but the dirty work has been done, the CFPB is now up and running with a new head, and Warren is back in her lair at Harvard where she can continue to make intellectual mischief.  Workers in the financial services industry need to rise up against the Warrens of academia or there may come a day when they will be involuntarily working for the government.

Monday, August 1, 2011

Corruption

Want to know how to spell crony as in crony capitalism?  Try C-H-R-Y-S-L-E-R.  See here.

While on the subject of corruption  this story about the Solyndra company tells us all the rest we need to know about any administration's ability to pick winners and commit taxpayer money to politically motivated decisions.  This is called crony-capitalism and never works because politically driven decisions, lacking the scrutiny of those who have their own skin in the game, are inherently flawed.  Capitalism works because those investing capital in companies scrupulously apply due diligence.  Rule number one for these investors is never completely trust the word or projection of those seeking your capital because they have a built-in bias for the investment.  The prudent investor conducts his own independent research and due diligence, looking for corroborating sources of information before making a commitment to invest.  Contrast this approach to that of the government representative Henry Waxman who was completely taken by surprise by the failure of Solyndra after being assured by the COO two months before the company filed for bankruptcy that its financial condition was excellent.  Clearly Henry Waxman was a lot less careful investing taxpayers money than he would have been his own largely because he was applying political criteria to the success of the investment.  Lesson?  Keep politicians and the government out of business of picking winners and losers in the marketplace.