Category Archives: National Debt

Living the numbers…

Youth-UnemploymentRichard Clark, owner of Supreme Janitorial Services in Jacksonville was speaking on one of the weekend news programs Saturday, and described his company as the “proverbial poster child” for the impending disaster that is “Obamacare”. A typical small business owner about to be pummeled by the mandates, taxes and fines of the “Affordable” Care Act, was very candid about not being able to hire full-time workers because of the staggering costs associated with the President’s signature law. He went on to say the recent implementation “delay” was nothing more than a political stunt, fueling the uncertainty which any economist worth his paycheck would tell you is kryptonite to small business.

I watched that segment while digesting some of the jobs and growth data which came out at the end of the week, and I was struck by a couple of ironies. The unemployment rate remains a reflection of how the numbers are calculated, persistent “underemployment”, and a critically high youth unemployment number of about 16 percent. Moreover, those same numbers continue to drive the market as the “Fed stimulus” lives or dies by any fluctuation. Make no mistake, our economy is a shadow of its former being, sputtering on fumes in the tank of ideological foolishness. The notion that it is somehow showing “resilience” is unrealistic and a fools play to be sure. Repeal “Obamacare” now, and unchain our nations free market economy so “We the People” may have real recovery! This classroom experiment has failed…

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POTUS knows best…

062213_JER_Obama_640The science of “climate change” is debatable at best, and while curbing pollution should be an objective of any civilized nation, it mustn’t come solely at the expense of the economic stability necessary to pay for it. I am not writing today to debate President Obama’s assumptions about global warming, but to condemn his use of personal ideology to “dictate” policy in spite of our Constitutional Republic. This Commander-in-Chief has set new benchmarks for side-stepping the process of a free government in order to promote and enact that which (he believes) is ultimately necessary. This is the height of elitism and Socialist expression.

History clearly demonstrates that when politics trump the best interest of “We the People”, no good ever comes of it for “We the People”. Now I’m not suggesting an economic approach devoid of the regulation necessary to ensure the fundamental public health and safety, but rather one enabled by “common sense” application of those regulations which does not unduly handicap the industry and companies creating jobs and producing products we need and use every day. The goal of a world without fossil fuel is unachievable inside a period of time acceptable in “quality of life” terms, and it turns out, wholly unnecessary. These goals can be addressed in a far more realistic and generational manner, while ensuring economic and international stability throughout the process. In the end, one man’s selfish quest for ideological glory must not come at the expense of our representative government and the “unfiltered” will of its people.

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The Definition of Success…

BernankeandobamaLooking at some fresh numbers today, and as always I’m a little confused by the “Lame Stream Media” portrayal of our current economic posture. For starters, nearly 23 million households and 48 million individuals partake of the “Snap” (Supplemental Nutrition Assistance Program). Now these numbers in and of themselves expose the Obama Administration’s  claims of any “recovery” for what they are, carefully contrived deception (with the help of a complicit media), designed to instill a false sense of progress. I also looked at some video from the past week and heard even a few “Conservative” economists characterizing 175,000 jobs created as a “moderate” pace. Now putting aside the fact that number will likely be revised down in the coming week, the reality is that about 200,000 is more traditionally “moderate” in terms of job creation, with 300,000 a sign of true momentum.  I’m simply having a hard time understanding why we continue to revise reality for the sake of this Administrations’ efforts.

The hard truth is our economy remains a shell of its former being. Housing numbers are driven by unsustainable Fed rates propped up by monopoly money, with the DJIA hanging precariously on Bernanke’s every syllable. Companies large and small continue to hire part-time to offset the impending cost of Obamacare and crippling regulation. The class warfare gap has never been wider with more and more people receiving some form of government assistance. Local governments are literally going bankrupt, an unthinkable occurrence one never would have imagined in this country. And most regrettable, our focus is now compromised by the myriad of scandals plaguing President Obama’s second term. This is always what happens when we substitute flawed ideology in place of “truth and reason”.

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End-run around Congress???

Kathleen-SebeliusIt should come as no surprise that funding for the “Affordable” Care Act simply doesn’t exist in real money. So notwithstanding what we know to be the Administrations true desire for a “single payer” system of healthcare, it now appears HHS Secretary Kathleen Sebelius is strong-arming health care execs for cash ahead of the official 2014 roll-out of all the budget busting parts of “Obamacare”.

As we watch the IRS scandal unfold before our eyes, and we hear the likes of Eric Holder attempt to explain away lying to Congress and breaking the laws he’s supposed to enforce, and as the truth of Benghazi ebbs and flows like blood through the cracks of an al-Qaeda prison cell floor, this latest departure from ethical government leaves me to contemplate the words of our President back in 2009. “I will also hold myself as president to a new standard of openness …. Let me say it as simply as I can: Transparency and the rule of law will be the touchstones of this presidency.” – President Barack Obama 

What a complete and total crock!

I ask the Left, as well as the media sycophants who unbelievably continue to turn a blind eye to the obvious, are you comfortable with this? Is this your idea of our children’s America? Is this your answer to the dreaded George Bush? Shame on you, all of you…

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Amnesty is expensive…

4_bill_richardsonFormer New Mexico Gov. Bill Richardson should stick to what he knows. Unfortunately, that’s not a whole lot. Senator Ted Cruz is doing something right however, as he has invited the wrath of the one-time presidential candidate, who champions everything having to do with amnesty just short of complete forfeiture of most of the Southern United States to Mexico. Moreover, Richardson’s creepy affection for all things North Korean has always troubled me a bit. Nevertheless, the former governor “doesn’t feel Cruz is Latino” because he opposes amnesty, and he’s “rude” to his fellow Senators. Really?

Look, Washington politics has taken on a form and function most political observers would say is alarming. Consequently, if the Senators candid approach to addressing the cesspool that has become “The Hill” is somehow offensive to Progressive fools like Richardson, I say tough “you know what”. We don’t have 6 cents to cover the cost of amnesty aka (insanity), never mind $6 Trillion Dollars.

http://www.foxnews.com/politics/2013/05/06/study-pegs-cost-immigration-bills-mass-legalization-at-63t/

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Now what, Mr. President…

obamacare-cartoon-2-aPelosi: “We have to pass the health care bill so that you can find out what is in it”. Do you all remember that shameful moment in American politics when a sitting member of Congress embarrassed herself and her Democratic colleagues with that revelation? Well it turns out that her party did ram that bill through, (The “Affordable” Care Act), and there is apparently little about it that’s “affordable”. In fact, long-time Washington player Senator Max Baucus likens the coming implementation of some of the main components of the new health care law to a “train wreck”.

From the fight over who exactly is to pay for the so-called exchanges from state to state, to the plethora of tax increases associated with the law, and as doctors are walking out of meetings in protest of what they say is a lack of discernible forethought in terms of the implementation of the five-year roll-out plan, “Obamacare” looks to be just as Baucus suggested, a “train wreck”.

For those of us who predicted this very nightmare scenario, there is some vindication in the knowledge that when you allow a government bureaucracy to be involved in what should be left to the private sector to hash out, it will always go badly. Regrettably however, there will also and always be victims of ill-conceived and unrealistic legislation like this.

Not sure where we go from here on out, but the road ahead looks bumpy to be sure, and will no doubt be far more costly than Candidate/President Barack Obama was ready to admit when he sold us this bill of goods.

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“Barely above stall speed”…

042613_Imus_MacedoGDP growth came in at about 2.5 percent in the first quarter, shy of the expected 3.0 percent, and well below what most credible economists see as a number necessary to promote real job growth. Oddly, consumer spending ticked up again which I believe is related to the rise in consumer debt. A lot of folks are simply “charging it” again.

Scary as that may sound, it pales in comparison to a piece of news I heard today regarding how the fed will now measure the nation’s economic size and strength. Apparently, Beyonce’s album sales, and a host of “research and development” spending will now be added to our overall economic picture to show some size, if you will. So not only do we have to swallow the “pie in the sky” wishful economics of our “Professor in Chief”, but our government is actually going to  factor in a whole bunch of phantom numbers to disguise our obvious fiscal malignancy. Great…

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Carson for President???

photo carson

Is it me, or does the POTUS look mad???

Dr. Ben Carson’s getting a lot of attention these days. When he spoke at the National Prayer Breakfast and basically poked fun at some of the President’s policies, it was immediately news because of the aura of political invincibility surrounding #44. Now whether you agree with his politics or not, the man is clearly objective, and not afraid of speaking the truth in places and situations normally reserved for those who would only pander. Moreover, it’s funny watching politicians and pundits alike struggling with just how to analyze the man. Even one of my local outlets, “GoLocalProv.com”, stumbled a bit as they tried to rationalize MSNBC’s “Toure” and his racial tirade about the Right rolling out black conservatives as part of a broader strategy to win the minority vote. I would only say to that, who cares?

Listen, coming from a state where Progressive Liberal’s regularly try to validate their radical agenda by calling themselves “independents”, we have to ask ourselves, is it the truth we seek, or is it a “version” of the truth which is easier. I will tell you this, I have been listing to this retiring neurosurgeon since he blasted onto the scene, ever so cleverly sidestepping the Obama handlers every inch of the way. He just makes sense. And adding insult to political injury, he espouses rational, sensible, and as he calls them, debatable solutions instead of just ideological rhetoric.

Not sure if I’m endorsing anyone for 16 right now, but I believe there will be a shifting toward our foundations next time around, and Carson gets that . Let’s face it, this trip down “hippie burn-out lane” has led us to “no-where land”, and “We the People” are growing weary of the re-run…

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Biden, “over the pond”…

You got a license for that finger Mr. Vice President???

You got a license for that finger Mr. Vice President???

Hypocrisy in one form or another seems a permanent detriment in the modern political arena. I suppose one could cite voter apathy as a cause. In fairness, it’s not exclusive to either party, though this Administration seems to have opened significant inroads in terms of “do as I say, not as I do”. That aside, is the Vice President of the United States dumb, or do he and his staff simply have the utmost contempt for “We the People”.

Watching the President’s wife live the jet-set life in financially crippled Spain last year was bad enough, but Biden’s overseas hijinks on the tax-payer dime recently, all the while allegedly drowning in a sea of tears for sequestration, is borderline nauseating.

At the end of the day, over a million dollars spent on transportation, staffers, security and five-star hotels for two nights in London and Paris, is a bitter pill to swallow for those still struggling in an ever-shrinking American work force.

Now for all you apologists who would try and validate the VP’s ability to accomplish anything of substance over in Europe, (or anywhere else for that matter), I have some simple math for you:

Biden’s trip + the “Tiger Woods Presidential Golf Extravaganza” = 1/2 of the yearly cost of White House tours. Moreover, if the “First Family” would kick back just 1/5 of their vacation cost to taxpayers last year, we could cover a whole year of tours, and some change for popcorn too… Nah, I hear Michelle doesn’t vacuum…

Hypocrisy or elitist contempt, you make the call…

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“We ourselves must Pilgrims be”…

220px-James_Russell_Lowell_circa_1855Once to every man and nation comes the moment to decide,
In the strife of Truth with Falsehood, for the good or evil side;
Some great cause, God’s new Messiah, offering each the bloom or blight,
Parts the goats upon the left hand, and the sheep upon the right,
And the choice goes by forever ‘twixt that darkness and that light.” –
James Russell Lowell

The issues of our time are daunting to be sure. It’s often hard to even get our minds around much of it. And whether it’s our narcissistic and ideologically driven President, or a media constrained and indecisive Speaker of the House, we are just not getting our money’s worth out of Washington. To watch these self-centered opportunists juggle our children’s future would be laughable for all the pandering and posturing, that is if it weren’t so down-right irresponsible. And so it falls to “We the People” to look beyond this political cartoon to the truth, for posterity sake.

There is good and bad in this, the good obviously being the God-given freedom to change our representative government by way of the vote when necessary. The bad news is that ignorance of fact and history, as well as a growing entitlement mindset, drive that vote for some. The result is often the slow but inevitable decline of a once powerful nation. Nevertheless, for some of us the battle continues as we refuse to give up on that “American Dream”, a dream framed by the Founders and nurtured by wiser generations than ours. Change may be a constant, but it is only good when defined by faith, principle and Liberty.

I began this post with some poignant words from Lowell and I will close with them. In the end, we have choices…

“We ourselves must Pilgrims be,
Launch our Mayflower, and steer boldly through the desperate winter sea,
Nor attempt the Future’s portal with the Past’s blood-rusted key.” – James Russell Lowell

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