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Friday, June 11, 2010

Federal Government Running Scared Of The Economy.

http://www.businessweek.com/news/2010-06-11/circuit-breakers-may-be-sec-s-first-step-in-slowing-down-stocks.html
Circuit Breakers May Be SEC’s First Step in Slowing Down Stocks
The U.S. Securities and Exchange Commission’s plan to impose halts on some stocks that swing more than 10 percent starting today may be followed by more measures to slow down trading.

Let me see if I understand this.

The stock market is supposed to accurately reflect the state of the economy. But the federal government is working on rules and regulations that will allow an "unnatural" increase in stock prices, but will prevent an "unnatural" decrease in stock prices.

I am using the term "unnatural" in quotes, because the federal government is having problems. The problem is, every time the federal government talks about how wonderful the economy is doing and tries to point at some new measure they created to prove their point, even those numbers take a dive. It is reaching the point where only economists and government employees are capable of the "willing suspension of disbelief" required to believe any pronouncement from the federal government. And the government flunkies are getting tired of creating new metrics that are proved false even before the ink is dry. So, since reality won't cooperate with the federal government, the federal government will force reality to change it's ways. And since the government wants to claim that the rising stock prices proves the economy is recovering, they have to do something to prevent stock prices from falling.

After all, the federal government has no interest in fixing the economy. They just want the people to believe that the federal government cares. Which makes it easier for the politicians to get reelected and continue on with their conversion to socialism where you will have the freedom to spread the poverty with all the people who were forced out of their homes and their jobs.

Welcome to the land of debris and the home of depraved.

Thursday, June 10, 2010

Thar's Gold In Them Thar taxpayers!

http://blogs.forbes.com/digitalrules/2010/06/the-millionaire-cop-next-door/
The Millionaire Cop Next Door
It is said that government workers now make, on average, 30% more than private sector workers. Put that fantasy aside. It far underestimates the real figures. By my calculations, government workers make more than twice as much. Government workers are America's fastest-growing millionaires.

Boy was I brought up wrong. I always thought that when I grew up I was supposed to find a job and work for a living. I was supposed to make something useful. I was supposed to do something useful. Or if that wasn't enough for me, start my own business. Work hard, and I would be rewarded.

Instead I find out how wrong I was. The best way to make money, is get a job working for the government. Once you are in the union, you can't get fired. Once you are in the union, your wages and retirement plan skyrocket.

Why should I, or anyone else waste our time starting our own business or even working? The quickest way to become wealthy is to get a government job.

Economic Collapse Is Good For The Economy.

http://online.wsj.com/article/SB10001424052748704113504575264513748386610.html?mod=WSJ_hp_mostpop_read
Tax Hikes and the 2011 Economic Collapse
It shouldn't surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives.

Are you sure about that?

That can't be right?

Government science (create theory, throw out facts that are contrary to theory) proves that higher taxes and more regulation stimulates the economy.

It seems to surprise politicians and economists. Why else are politicians and economists constantly raising taxes and creating more regulations in an effort to stimulate business. If lowering taxes, and reducing regulations would stimulate earnings, and thus increase employment and taxes, don't you think that politicians and economists would recommend that in times of massive depression like we are currently experiencing?

Wait, I forgot. What we are experiencing is an economic recovery. Don't all economic recoveries feature millions of unemployed? Don't all economic recoveries feature millions of homeless? Don't all economic recoveries feature massive government debt?

Wednesday, June 9, 2010

Democrats Having A Blast In Texas.

http://www.cnn.com/2010/US/06/08/texas.pipeline.explosion/
3 hurt in pipeline blast in Texas Panhandle
A natural gas pipeline exploded Tuesday in northern Texas, injuring at least three people, a spokeswoman for the Lipscomb County Sheriff's Office told CNN.

Barack Hussein Obama held a news conference to place the blame on this leak and explosion on the prior administration. Barack Hussein Obama announced a moratorium on the pumping of any fluid of any kind in any pipes on the continental United States. Barack Hussein Obama stated this is only a temporary safety measure until it can be determined who is to blame for this explosion, and what federal regulatory agency can be exonerated for allowing this to happen. Until then, the American people must be punished because they depended on natural gas, and thus encouraged the explosion to happen.

The onion.com was quoted as saying that if I "ever attempt to write a humorous article again, they will have my literary license revoked."

Government Panel Determines More Regulation Necessary For Freedom.

http://health.usnews.com/health-news/diet-fitness/diet/articles/2010/06/08/fda-needs-food-safety-overhaul-report.html
FDA Needs Food Safety Overhaul: Report
The U.S. Food and Drug Administration (FDA) isn't equipped to handle problems with the food supply and is in need of a major revamping, a government panel of experts reported Tuesday.

The government panel of experts reported that the F.D.A. is not doing enough to make sure that all food produced in the United States is infected with deadly diseases. For the F.D.A. to be more effective, they will need even more armed jackbooted thugs to interfere with farms and food processing plants. Not until every agent has the ability to shut down any farm or food processing plant that won't pay their taxes / fees / bribes to keep going will the United States be as vulnerable as is necessary for any socialist utopia to be possible. Until then, North Korea, Cuba and other socialist workers paradises will be the leading lights on this planet. But I have faith in American ingenuity that we will be able to surpass them in our quest to inflict pain and suffering on the largest group of people this planet has ever seen.

The onion.com was quoted as saying that if I "ever attempt to write a humorous article again, they will have my literary license revoked."

Budget Impasse In Sacramento. Otherwise Known As Business As Usual.

http://www.mercurynews.com/opinion/ci_15252216?nclick_check=1
Opinion: Dan Walters: Budget is stalled thanks to Sacramento's 'do-nothing' gang
In the weeks since Gov. Arnold Schwarzenegger unveiled his revised 2010-11 budget, there's been absolutely no progress on closing the deficit that approaches $20 billion. In fact, the situation may have grown worse because the extra federal funds that the governor and the Legislature have counted on are evaporating.

What is Dan Walters so upset about?

These are politicians after all. People who weren't bright enough to know which end of the gun to point at the grocery store clerk when robbing the store. So they didn't have much else left on their career track except going into politics, where criminal activity is endorsed and approved by all criminals politicians.

Think about this for a moment. The United States was started back in 1787, and California wasn't admitted to the United States until 1850. 63 years later. And yet California is much closer to bankruptcy than most of the other 50 states of the United States. California politicians had to work much harder than other states to speed ahead of the others. So the politicians of the State of California can be justifiably proud of their accomplishments.

Judging by recent reports, most socialist countries are in a race with the United States to see who can declare bankruptcy first. I will place my full faith and credit that the socialist-in-chief will be able to lead the United States to beat the P.I.G.S. countries (Portugal, Italy, Greece and Spain) in their rush to creating the ultimate workers socialist bankruptcy paradise.

Obama Could Be Best President Ever, If He Would Only Go Back To Accepting Bribes In Chicago Instead Of In The White House.

http://online.wsj.com/article/SB10001424052748703703704575276931429180508.html
Pelosi's Loss Could Be Obama's Gain
In Washington these days, President Obama is rumored to be hoping Republicans capture the House of Representatives in the midterm election in November. There's no evidence for this speculation, so far as I know, but it's hardly far-fetched. If Mr. Obama wants to avert a fiscal crisis and win re-election in 2012, he needs House Speaker Nancy Pelosi to be removed from her powerful post. A GOP takeover may be the only way.

It's too late to avert a fiscal crisis. Between the stimulus (welfare for the wealthy) and the Health Care Deform monstrosity, the United States has been dealt a one two punch in the economy that it may never recover from.

This opinion piece seems to think it is worth while to reelect Barack Hussein Obama as long as you don't allow Barack Hussein Obama to actually do anything. With the way things are currently going, the best thing the United States can do is reverse everything that Barack Hussein Obama did. The second best thing the United States can do, is nothing. Unfortunately, Barack Hussein Obama was able to pass all kinds of legislation that has fatally damaged the ability of the United States to provide freedom and a safe environment to it's legal citizens. So at this point, even doing nothing, is way too problematic for the United States because of the bills passed when Barack Hussein Obama was actively working to destroy the United States.

Although I am not sure why anyone with Barack Hussein Obama's agenda, deserves reelection. And I am even less sure why it is important to reelect someone who's goals are as un-American as Barack Hussein Obama's are.