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Massachusetts

What the 2012 election taught us

I'm neither young nor stupid, and unlike you, I'm not a shallow, maleducated halfwit. Before I address your "30 years between the year 2001 and 2009", perhaps you'd like to check your math or your typing. But in 2007, before another socialist-policy-e ngineered bubble popped, median income in constant dollars had recovered to within 1% of its level at the height of the Dot-com bubble in 1999. It should be no surprise that recessions lead to drops in income, and that bubbles tend to increase income above their normal level. The special privileges that unions have enjoyed amount to a steep tax on consumers, that is upon the vast majority of Americans, including the middle class. They were able to get away with it before freer international trade and right-to-work states began to free consumers from that tax. That is why they've largely fled into government jobs, and is partly why the companies they've dominated have done so poorly -- in the case of GM and Chrysler, looting taxpayers and bondholders to stay afloat a little bit longer. There are two main reasons that income distribution has become uneven. The fractional-reserve banking system has robbed the vast majority of people, enriching those relative few who know how to suckle at the teat of inflated money; this has been going on at an accelerated pace since the creation of the Federal Reserve 99 years ago, and has destroyed all but about a penny of the value of the 1913 dollar. And workers at the high end of the spectrum have become far more productive than the rest of the workforce, earning that extra income; this trend began in the early 1990s. The latter have enriched all consumers, including the very poorest, whose income is very highly correlated with per-capita income. The existence of these more-productive workers was made possible, in large part, by lowered marginal tax rates, which helped make the investment in their work possible. Increase the marginal tax rate out of envy, and lower tax revenue, killing the goose that laid the golden egg; it's that simple.  (Nov 9, 2012 | post #409)

Massachusetts

What the 2012 election taught us

Unfortunately, you'd need to have a high crime with which to charge Obama. You can't charge him for his racism and promotion of racial hatred; his class warfare and destruction of the middle class; his utter incompetence; his anti-Constitutiona l non-recess recess appointments, warmongering abuse of the War Powers Act, and proclivity for abusing treaties for domestic purposes; his extreme economic destructiveness; his congenital dishonesty; or any of the many things that make his Presidency a complete disaster. And even if you had a charge, which you might have had, had Congress been honorable enough to cut him off early in Libya, you'd still need a House honorable enough to do their Constitutional duty. Moreover, would the same Senate, not one member of which bothered to look at the evidence against Bill Clinton, that failed to try Clinton on the more-serious of the charges against him show even a shred of honor if Obama were rightfully impeached? In a way, re-electing Obama was the best revenge. He's been sowing the wind, and he and those who were moronic or evil enough to vote for him will reap the whirlwind along with the rest of us. He won't forever be able to shift the blame from the socialist policies that have brought the economy down to this state to policies that would fix it. Of course, America would have to survive another 4 years, which is far from certain now.  (Nov 8, 2012 | post #254)

Massachusetts

Elizabeth Warren's trivial pursuit

People who are competent enough to read a map can notice that of the Diomede Islands, Big Diomede, which is part of Russia, is only a little over 2 miles away from Little Diomede, which is part of Alaska. People who have a basic comprehension of English would notice that this conforms with what Palin actually said. Leftists tend to be deficient in both skills.  (Nov 6, 2012 | post #707)

Massachusetts

Elizabeth Warren's trivial pursuit

Here in MA they elected a crook to the statewide auditor position, because she was a Democrat. They've managed to elect a few indicted Speakers of the (state) House, because they were Democrats. They've stuck with Bill Clinton, a philandering rapist and sexual harasser who was impeached but not tried for using mafioso-like tactics to try to squelch the Lewinsky scandal, and whose administration was the most corrupt by far in US history, with over 700 felony indictments that could've been handed down for Filegate alone, had the Bush administration not acted as its rear guard -- because he was a Democrat. So, it's perfectly normal that they'd vote for a not-highly-intelli gent woman, like Elizabeth Warren, who abused racial preferences in hiring, at least, by pretending to have Amerindian ancestry without evidence; who avoided meeting with true Native Americans to discuss her perfidy; and who apparently practices law in MA without a license, contrary to MA law -- because she's a Democrat.  (Nov 5, 2012 | post #701)

Massachusetts

Elizabeth Warren's trivial pursuit

Horse-race metapolitics is a waste of time. It might be of use to speculators in gold or to people considering emigration or secession, and it might be of use for people actually running political campaigns. But on the whole, it's an unhealthful diversion. If Elizabeth Warren wins a US Senate seat, despite all her lies, evasions, and criminal activity, it'll speak volumes about MA.  (Nov 4, 2012 | post #685)

Massachusetts

'PBS isn't costly and is beloved by children'

Hey, the best thing about the cuts that Obama and his Democrats made to Medicare, in order to try to fund ObamaCare, is the death panels, where they get to decide that someone is in their last year of life and therefore doesn't qualify for medical treatment. Of course, their refusal to pay doctors for the work they do for Medicare patients could have some side effects. ;-)  (Oct 31, 2012 | post #87)

Massachusetts

For Obama, words not said in debate spoke the loudest

He was worn out from skipping security briefings, such as the ones that are virtually certain to have informed him personally of security needs in Benghazi. He was worn out from his dereliction of duty in attending fundraisers, knowing for about 6 hours that the consulate was under attack, dodging responsibility for sending help while it was still possible. Such narcissistic callousness takes a heavy psychic toll, too. Have pity on the hatemonger.  (Oct 14, 2012 | post #323)

Massachusetts

Elizabeth Warren's trivial pursuit

Presuming that I'm a "rightie " is moronic. But let's continue with the rest of your ravings. The main reason that GM was in financial difficulty, apart from the ossification that results from union-pushed work rules that have nothing to do with safety nor equity, and regulations that stymied small competitors, producing a lack of incentive to operate efficiently, was the pension and other obligations owed to their workers, which would've driven GM under sooner if they'd financed them properly. If GM had gone through bankruptcy, they would've been able to shed enough of these obligations, imposed on them by force, and the bondholders who'd lent money to GM to help them stay in business would've received some value out of their misinvestment. If you don't know what "looting taxpayers and bondholders" means, you either haven't been paying attention to the news, in which case you shouldn't be so bold as to comment from ignorance, or you haven't comprehended it, in which case you should wait until you're adult enough to do so. Taxpayers are now on the hook for GM's pension obligations via the Pension Benefit Guarantee "Corporation ". Taxpayers invested in GM via shares bought by the government, and the value of those shares is unlikely to recover, in real terms, the money invested; this is separate from other money involved in the form of loans. Bondholders, who were supposed to receive priority over stockholders, received something like 5 cents on the dollar when the fascist Obama intervened. What you see of a strong economy happened despite laws that allowed unions to loot corporations, not because of it. The value of unskilled or semi-skilled labor depends on real capital, used in the production of goods. Prevent that capital from amassing, or reduce the amount by which it is amassed, and you loot future generations of the ability to earn far greater benefits resulting from greater exponential growth. The road to hell is paved with good intentions. What passes for "public interest" almost always isn't, in any manner understood by a sane adult. There's a decent movie just out that touches on the subject, based on the novel *Atlas Shrugged*. But there's naturally far more to the subject than that, and you're clearly incapable of participating in such a discussion. Let's talk about "companies ahead of people" in stark terms. What would it mean to talk about "food ahead of people", in connection with corporations that produce food (apart from poison crops produced by certain companies with political pull)? If you don't get the connection between production and consumption, you're going to do what the Romans did when they drove their welfare-state economy into the ground, in part by denying profit on the trade of grain. They drove the populace, which naturally greatly shrank, into the countryside to survive.  (Oct 14, 2012 | post #401)

Massachusetts

'PBS isn't costly and is beloved by children'

Looking past PBS as synecdochic, representative of a category of wasteful spending, see this, for example, for why Sesame Street hasn't exactly been a blessing on America: http://www.centerf orneurodevelopment .com/blog/post/317 8446  (Oct 7, 2012 | post #3)

Massachusetts

Elizabeth Warren's trivial pursuit

Not that this has anything to do with Warren, but ... The particular jobs that Obama temporarily saved, of the union workers who helped ossify those companies and drive them into the ground, are offset by jobs that he destroyed, by looting taxpayers and bondholders and by preventing more-productive companies from buying the companies' assets. Even overlooking future obligations they've assumed, taxpayers are unlikely ever to fully recover the money their government has squandered on those companies, certainly in real dollars if not nominal. If those companies had gone through bankruptcy, they very possibly would have been able to shed pension and other obligations, and survive without looting future taxpayers. And what do you suppose will happen to companies the nature of whose personnel hasn't changed, after that reprieve? It'll have been an interesting, if expensive, experiment.  (Oct 7, 2012 | post #281)

Massachusetts

For Obama, words not said in debate spoke the loudest

The words that Obama didn't speak would've opened him up to devastating, or at least negating, responses, against which Obama's inability to speak well extemporaneously would've served him quite poorly. Give that parrot credit for at least the small dose of intelligence shown in having forgone them. It's good that a mini-debate broke out at the pseudo-debate, that the "moderator " didn't play as strong an Orwellian role in stamping out debate, and retaining a joint-press-confer ence format, as he might've. And while Romney is hardly honest, except in comparison with Obama, I've yet to see one properly-vetted untruth documented of him for that night. Romney, at least, is habitually candid.  (Oct 7, 2012 | post #160)

Massachusetts

Elizabeth Warren's trivial pursuit

Harvard has some stellar faculty members. That doesn't mean that She-lies-a-bit Warren herself is intelligent. One point of Warren's economic fascism (itself a mark of the lack of high intelligence) should illustrate the point. Remember how she's been emphasizing equal pay for equal work? Such inequality on a broad scale exists only in her imagination; the differences in pay according to sex can be explained by lifestyle decisions. Women tend to take a self-sacrificing role in their personal lives more frequently than men do, preventing whoever does this from assuming levels of responsibility that pay better for what appears to the superficial to be the "same" work. If women with parity outside the home demanded parity inside the home, the differences in pay noted by Warren would be greatly reduced; they would depend on the degree to which "marrying up" might be more common among women than men.  (Sep 29, 2012 | post #143)

Massachusetts

Elizabeth Warren Rips Romney and the...

So, the question of the moment is: Did She-lies-a-bit Warren practice law in MA, not having a license, or not? Can she top the whoppers that came out of the DNC?  (Sep 24, 2012 | post #47)

Massachusetts

Outrage at anti-Obama billboards calling him village idio...

Remember warmonger Democrat LBJ's anti-Goldwater ad, using a child to pretend that Goldwater would push the button? Remember the anti-Jefferson (a Democrat) cartoons from the early 1800s, featuring a supposed bastard child? (BTW, DNA evidence shows not that TJ was the father of any of Hemmings' children, but rather that either he or a close male relative was.) Obamorons were far from first. But the 2008 "Tomorrow Belongs to Me" variant, Obama's-gonna-**** -us, sung by a child, was utterly, contemptibly mindless.  (Sep 9, 2012 | post #147)

Massachusetts

Why do conservatives want Paul Ryan to be vice president?

No, "liberal " used to mean "favoring freedom". There was a time when that required change, but making changes had nothing to do with the essence of the word. Nowadays, in America, "liberal " means very nearly the opposite, an opponent of freedom on almost every front (allowing for the increased vagueness of the word, with apologies to those few who still use it properly). And the changes that the leftists -- fascists-cum-liber als -- have been making have largely been based on misrepresenting what "no longer work[s]".  (Sep 9, 2012 | post #1099)