It has been difficult to figure out where we’re going with Obama and his Democrats. Does Obama admire the French model of statism, or the Cuban model of an authoritarian-ordered, regulated, “fair” society? Certainly it’s not the American model of self-reliance, optimism and capitalism. As Americans our experience does not prepare us to evaluate Obama’s lurch to the left. But looking closely at what he’s doing, the best comparison seems to be Hugo Chavez of Venezuela. Obama’s people talk about re-adjusting incomes, cracking down on financial institutions, ignoring the constitution, organizing and deputizing uniformed children, presumably to monitor their elders. Chavez lavishly spends “his” oil revenues. Obama’s insane spending habit is supported by unlimited government borrowing. Does this have the ring of the Hugo Chavez version of “change”?
Well, I’m not so completely alarmed as to think that there won’t be another election so we can set things right. But neither am I so naive as to think that it can’t happen here. It is necessary to pay strict attention to everything that is happening to us right now and that the leftist politicians are cooking up for our future. Some of these things will be really hard to back out of once implemented.
So we’re suposed to get a stimulus payment? Want to do some real good for the economy with your stimulous check?
Here’s what I’m going to do with mine. I’m going to use the whole thing to make pro-fiscal-responsability, anti-Obama, anti-Democrat political contributions. If enough of us did that it might make a real difference. It’s far more effective than a tea party.
Obama and His Democrats will take notice.
In the Washington Examiner:
Creepy Uniformed Americorps Mandatory Service actually passed by the House of Representatives looks a lot like the paramilitary youth indoctrination systems of the Soviet Union, Nazi Germany and Cuba.
Read the article. It is really chilling to anyone who knows anything about history.
I’m an advocate of universal military training and potential service as a duty for male adults. I think this is a patriotic duty to defend the country. But for the government to, in effect, draft, uniform, train (indoctrinate) children under any name is outrageously contrary to democracy and liberty we cherish.
It’s not law yet, but how could the House even consider passing such a monstrosity. Obama is acting like Hugo Chavez of Venezuela.
I could not have imagined it this bad, but this is the real socialist, totalitarian thing. What’s next?
So now the gang that can’t shoot straight, the gang that runs the post office, that charters and regulates the likes of Fannie Mae and Freddie Mac, you know … the Feds. Now the Feds want to regulate every facit of the financial system.
What this means is that a vast new bureaucracy will be needed to process the paperwork of financial institutions, and not just the big ones. Otherwise, how would the geniouses that will be hired to do this regulating know who is big enough to be regulated?
And while they’re at it, why not regulate the salaries and bonuses of every institution successful enough to “qualify” for oversight? Oh, and why not also specify “fair” amounts of profit?
Remember, this is the gang that has just gone completely berserk with spending. It would be better to stop them now while we still can.
Earlier in this blog (January 20, 2009) I wrote an article stating that the so-called recession, which the politicians and fear mongers (Bernanke and Paulson) were promoting as an upcoming depression, just didn’t add up. Something was queer in the numbers.
Now more news pops up, ablely documented by
What this adds up to is that the government is driving the economy over a cliff based on false information or outright lies.
STOP THE MONEY RIOT NOW!
In yesterday’s press conference Mr. Obama continued his attack on the productive sector of the U.S. economy. In characteristic dry, sophomoric tone, between BUT.. AND.. and LOOK.. the President promoted his belief that the government runs the economy by making “investments.” This was somehow supposed to justify the money riot that has become governmnet policy. Droning on and on, hoping that his next sentence would hide the vacuousness of the pror statement, he sounded like a high school student trying to make up for not having done his homework.
This was a pathetic, sophomoric performance by the empty suit we’ve elected as president.
Communism is an inherently evil system and in China they’ve perfected the most evil parts. Look at this video to gain some awareness of the brutality the characterizes the Chinese government. Then ask yourself whether it is wise for the world’s manufacturing capacity to be migrating to China.
As if Tibet were a legitimate part of China rather than an occupied country, which is what it is.
The simple fact is that China is a timebomb. A government that represses its people in this way, that invades and occupies neighboring countries, and that has the vast disparity between oligarchs in Beijing and bare-foot peasants in the interior, that shows its callous disregard for its citizens by routinely producing toxic food products, jailing people for speaking their minds or practicing their religious beliefs — such a country will eventually explode in violence.
Look at the remaining Communist countries: China, Cuba, N. Korea, Vietnam — none of them trustworthy, all tyrannical, all brutal, all timebombs. Don’t be fooled. Communism is evil. It’s time to back out of our dependence on China’s cheap manufacturing capacity. It will eventually come back to bite us in a most painful way.
Barney and his cronies make me too sick to write. So I’ll just post the following courtesy of YouTube.
The new Obama federal budget calls for the government to collect 646 Billion dollars over the next 10 years in bids for carbon cap & trade privileges. The idea is that the government will license companies to emit carbon dioxide, but that these licenses will be limited in quantity and will be tradable by their owners.
Setting aside any skepticism about whether limits on carbon emissions will do anything useful, it is worthwhile to think about what $646 Billion means to the economy and what alternatives may be better use of the public’s money. It is, after all, the people’s money, because it will be produced out of the revenues of the companies purchasing the licenses. This means higher prices for products those companies produce. And the largest, by far, direct users of these licenses will be electric power generators — so your electricity bill will rise, and so will the bills of every industry that uses electricity — in other words, you pay in higher prices for nearly everything you buy.
So the federal government collects $646 Billion in new revenues, which are taxes on you, and then spends this money the way government always does, on waste and foolishness. And it will very likely do nothing at all beneficial for the environment. Isn’t there a better way?
Let’s suppose, as an alternative, that the same $646 Billion was invested by the private sector to build modern atomic power plants. That would purchase generating capacity of 323 one-gigawatt reactors. To put this into perspective, the total generating capacity of U.S. power plants in 2007 is estimated at 1,087 GW. To the added capacity of 323 reactors would expand U.S. energy production by 29.7%. No more energy shortages and lots of private sector jobs, too.
The 323 reactor estimate is based on Westinghouse Electric’s proposals for modern, standardized reactors built under a rational regulatory environment, i.e., licensing standardized designs, sane environmental requirements. This comes from an excellent
nuclear power web site by University of Melbourne, Australia.
The numbers in the table are the costs to generate electricity in US cents per KWHr for different interest rates and construction times. In essence, Westinghouse says it can build Advanced Builing Water nuclear reactors for $1,000 per kilowatt – after the first is built – and complete construction in 3 years each.
The cost of operating such reactors is shown below in cost per kilowatt hour. This compares favorably to coal (4.8-5.5 cents) and gas (3.9-4.1 cents) from a California study by bureaucrats trying to justify greenie energy solutions, so the numbers are probably high. (I haven’t found any other statistics yet. Maybe you know where to get them?)
Case 1, Construction Cost = $1 Billion. (Westinghouse claim for its AP1000 reactor after volume production. – abstracted from the U. of Melbourne study.)
|Interest rate||3 years||4 years||5 years||7 years|
These government bureaucrats and greenies will argue that these nuclear costs should better be estimated at 11-14 cents with estimates for wind at 3 to 6 cents (when it blows?), but with enough logical jiggery-pokery you can make numbers come out almost any way you want. And I’d trust Westinghouse before I’d trust California’ regulators any day.
In any case, given the choice between more electricity financed by the private sector and generating profits for investors, and a vast new expansion of indirect taxation, wouldn’t the former be a better use for $646 Billion.