Sunday, May 2, 2010

Update

It's been a long time...

My efforts have been going to other places lately, much of it doing good things. I made a major change a couple of months ago and am all the better for it!

It seems other things have been changing as well and not for the better. To put it succinctly: America is no longer ideologically compatible.

Half of this country believes it is entitled to the labor and property of the other half while paying little or no tax. We continue to punish working Americans for going to work and providing for their families while rewarding those who couldn't care less. Bailout is no longer a buzzword--its a lifestyle.

Our "new thought" leaders implement historically proven flawed ideas and policies pretending that they will work while holding the country hostage through taxation, debt, and inflation. Many speculate that we can no longer pay to service the current level of debt, let alone write new debt to continue funding bankrupt social programs.

The vanguards of the value system which made America the greatest country in the world are absent, having been either bribed by the architects of failure and fully complicit in it, or marginalized into obscurity. We now have situational ethics which distort right and wrong and allow the most incapable among us to demand their wants and needs be met no matter what the present or future costs.

Looking back, I believe we will view this time as an opportunity to get what we deserve. Bondage, deception, and broken promises or freedom and prosperity. Sadly, we may no longer be able to share the later together.

Friday, January 8, 2010

Ritter Quits

I've had a couple of days now to digest Governor Ritter's decision against seeking another term. I won't focus on the rumor mill--I'll give him the benefit of the doubt.

Initially, many conservatives were quite happy to hear Ritter is quitting but I'm somewhat more pessimistic.

First, I have to ask how we elected a guy who's policies are so unpopular he won't even try for a second term! The radical left tax and spend ideology isn't being well received and we seem to have elected leadership that would rather practice that ideology than preserve their own careers. Ritter knew spending the general fund (slush fund) on programs Colorado didn't vote, then raising taxes/fees to cover those expenses, would end up hurting him. The oil and gas contracts we lost have cost the state untold revenue and jobs. The people have taken note but it may be too late to undo the damage.

This is happening on a national level as well with Dems (and some Republicans) seeing the writing on the wall. The neglect of the free market economy (which leftists neither respect or support), unchecked spending, expensive health reform the people don't want, and broken promises in Iraq/Afghanistan are all taking their toll. Unemployment is going up and many are running out of unemployment benefits. America's #1 concerns is and has been the economy--Democrats haven't been listening. The solution will be for Dems to put the leftists into hiding and bring out the moderates among them that can successfully run an economy and hope for real recovery.

John Hickenlooper is one such Democrat. Not without controversy, he has successfully managed a moderate left agenda in Denver without breaking the bank. Hick was a businessman prior to entering public life who understands the revenue side of the economy instead and spend his time making payroll rather than finding ways to spend taxpayer dollars. I dont' like the guy, but I have a lot more respect for him than many other Dems.

Which brings me to my second concern; A moderate trend in the Democratic party won't stop our descent into Socialism and decline--it will merely take us longer to get the bottom. We need to reverse course, not just slow down.

Sunday, January 3, 2010

Bad Dream

Had a horrible dream last night that Michelle Malkin had been murdered by a "tolerant" liberal.

I'm not sure where that came from other than I check her site nearly everyday and read a post wrapping up some hate mail from 2009. One of the e-mails indirectly threatened her life suggesting that her husband should make sure her life insurance policy is up-to-date.

Sick stuff.

Wednesday, December 9, 2009

Temperature Fail

Yes it's cold, but not that cold. Either someone has a sense of humor at 9News.com or their thermometer has a hard time displaying accurate negative temps.

Either way, I think a lot of folks have had enough of this cold snap. A high of 10 feels totally different from a high of 30 in Denver.

Can we get our global warming on yet?

Thursday, December 3, 2009

It's Going Downhill

You know it's going downhill fast when this man can't fly an American flag at his own home.

Reading Col. Barfoot's bio gave me chills and to think someone would tell this man he can't fly the Stars and Stripes in the county he nearly died protecting multiple times is outrageous!!!

I know people will try and defend the weasels in the HOA. There is no HOA regulation about flagpoles or flags, btw, simply a committee that finds our nation's flag "unsightly."

It's coming to the point where there is always a reason to attack people who still believe in this country. Always a reason why we can't fly the Flag because it offends someone or is "unsightly." Always a reason we can't have the traditional displays of our Judeo-Christian heritage like a nativity scene.

America is most certainly under attack and it's not a handful of cave dwellers this time.

Wednesday, December 2, 2009

Trigger Proposal

I noted before that the Leftists plan on health care has always been to 1.) Destroy the current private system and 2.) Replace the private system with a public system (socialized) they completely control.

Well they are staring to show their cards with the latest proposal by Senator Olympia Snowe (RINO-Maine).

"Snowe favors a trigger proposal, where a public option would go into effect if the private health insurance market falters. The trigger has been soundly rejected by some liberals in Congress."

The measure for failure ("falter?!?") will be far from what we expect; if someone, somewhere, can't afford health insurance or can't get "reasonable" coverage, they will find a way to pull this trigger. And of course, don't forget that they are imposing new regulations on the insurance companies that will dramatically increase costs and make the private system more likely to "falter."

The strategy here also deserves some analysis. This is being proposed by Snowe, a liberal Republican, who has been easy to manipulate throughout the health care debate. They need to sell this as a bipartisan compromise and that is why it's coming from the "R" side of the aisle. The only thing Conservatives will get is a little more time for the private system before the government takes complete control of this sector of the economy and our lives.

Monday, November 30, 2009

Why Huckabee, Why?!?

Initially my thoughts were with the four police officers gunned down in cold blood and their families, but now that we're starting to learn more about the shooter my sympathy is turning to anger.

I think Huckabee's political career is over. Lesser things have certainly ruined greater men.

I can't get my brain around why anyone (liberal or conservative) would release a man like this back into society. Everyone seemed to understand the risk, except the Governor.

And, if that's not bad enough, Huckabee is quoted as saying...

"...it will be the result of a series of failures in the criminal justice system in both Arkansas and Washington State..."

Really? No accountability for what you did while in office, huh? It's not a "system" that runs in a vacuum. It is a system composed of men and women who make choices. Folks who are trusted to make good choices.

In this case Huckabee didn't just sit back and let the system do it's job, he proactively intervened to effect a different outcome. Had he done nothing, Clemmons would still be in an Arkansas jail cell where he belongs.

Wednesday, October 21, 2009

It's the Jobs, Stupid

It's a good that the Obama White House controls the media, otherwise, the country might actually hear about how huge of a miscalculation the President has made on "job creation."

According to the Republican Way and Means Committee, at the end of September 2009, the country has lost 2.7M jobs year-to-date. Obama expects 3.4M jobs to be created by year-end. That's a difference of ~6.2M jobs!!!

The stimulus has failed. It failed for the exact reason that non-partisan economists said it would fail; the money stayed in the public economy instead of being spent in the private economy. The public economy (government) creates debt. The private economy creates growth, jobs, industry. Stimulating the public economy wasn't going to create jobs but rather put more burden on the Americans who still have jobs.

Sooner or later the media will have to report this failure and Obama will have to respond. The best thing Washington can do is reduce spending and cut taxes. Of course doing so would be an admission that Regan-era free market economics are far superior to tax-and-spend socialism.

Pay Cuts!!!

Exercising questionable authority, the Obama Administration is ordering (via Treasury) bailout firms to dramatically reduce executive level pay and bonuses.

Couple of thoughts...

1. When you sleep with dogs... These bailout firms should have known better! Hopefully the government will soon get out of private enterprise, but if it doesn't, some of these firms would have been better off failing. Failure would have allowed bankruptcy protection/restructuring and at worst would have left market share in the free market rather than under government control.

2. We can't expect recovery when the best talent can't be compensated. Do you work for free? Neither do I and the best execs expect a paycheck as well. You can disagree with the amount of compensation all day long. If companies can't pay, they can't attract the talent necessary to recover. This is especially important given that most Wall Street firms, and some big banks, still have bad assets on their sheets. Should interest rates rise, or the mark-to-market rules changes, we'll see fall '08 all over again.

3. The market knows the free market can't recover with this level of government intervention and the Dow demonstrates this. As soon as news of the exec comp limits was released the market went from around +50 to close at -92.12 in about 45 minutes!!!

Thursday, October 15, 2009

What It Takes

Like most people who believe in the Constitution, freedom, and America, I've been a little down lately. Okay, more than a little down, more like downright pessimistic about where this country will be in five-ten-twenty years from now.

We seem dead-set on spending "other peoples'" money while leadership lies about the costs of social programs, bailouts, and the effects of turning the IRS into a force for social change. The deficit is huge and getting bigger. Unemployment is increasing. Iran is build nuclear weapons. Afghanistan is out of control and Pakistan may fall to "militants" any day.

The worst part of this is thinking about what it would take to get the nation back on track because it's then that I realize it likely won't happen. The real sacrifice (not the Obama brand [i.e. someone else's sacrifice]) it will take to restore the country is immense. The individual strength it will take to hold fast to the Bill of Rights and ideals in the face of Democratic populism (the "me, me, me" entitlement block) is seldom seen in everyday life.

I don't think we have what it takes. I could still be convinced otherwise, but I fear the Republic is doomed.

And then I stumble upon this op-ed (via Rossputin.com) written by Wendy Button a former speechwriter for "John Edwards, Hillary Clinton, John Kerry, Barack Obama, and Mayor Tom Menino of Boston as well as other national and international leaders..." This is definitely worth a read if you can stomach the "growths in my uterus" bit.

Ms. Button learned something about her failed ideology; it creates consequences. Those individual consequences were unknown to her while she was promoting health care "reform" (i.e. socialism). She drank the collectivist Kool Aid and didn't understand there was a personal price she would pay for creating "social and economic justice." Now that the bill has come due, Ms. Button is singing a different tune--I wonder if her former employers are listening?

This is where I find my silver lining; consequence. When the individual consequences are fully known, individuals tend to make relatively good decisions. Had Americans known Social Security would be broke within 80 years and the Federal government would use the "fund" as a piggy bank for all sorts of budget misappropriations, the New Deal may have never happened in the first place.

Collective consequences are easier to stomach. We can always fix problem x with person y's money. Where y can be the "rich" or future generations of Americans. But it's the individual consequences that sting!

What it may take to get all Americans (including former liberals) to see the danger of socialism is individual consequences. And despite all of Obama's empty promises, the everyday, working class American will be the most impacted by these policies.

If consequences will be the start of a movement to restore this country to its Constitution, then I welcome them.

In the meantime, I'll be at the bar.

Wednesday, October 14, 2009

DOW 10,000!!!



Recession cancelled!!!

Not quite...

The fundamentals necessary for recovery are still lacking. Unemployment is increasing with no growth in GDP. So what's propping up the DOW?

Fear.

One would think that fear would tank the markets rather than create a ~1,000 point rally, right? It's not fear in the equities market, but rather fear of inflation.


Gold prices are probably the best forward looking predictor of inflation we have. Government data (CPI) won't come out for at least a year after inflation starts hitting while gold prices are driven by the market and reported by the exchanges in real-time.

Look at the same chart as above compared to GLD (a gold ETF tracking just under 1/10 spot price)...



The fact that GLD and the DJIA are correlated during this "rally" shows it's no stock rally at all but rather a flight from USD based securities and reserves into equities. What's worse, than a misreported rally, is that because the fundamentals are lacking, the market is poised for another fear induced sell-off. Investors will think "oh no, not this AGAIN!" at the first sign of bad news and we could quickly enter another sell-off cycle.

Also, consider that the Fed has kept rates between 0% and 0.25% for almost a year now. If we do start to see inflation the Fed may raise rates to kept it in check creating a new wave of bankruptcies as credit is constricted and interest payments increase--this could also crash the DJIA.

[No, I'm not telling anyone to buy gold or GLD! This is not that kind of blog.]

I'm hopeful the economy can recover but we have a long way to go. What's disappointing about the recent upbeat economic news (which I believe is more political than economical) is that we haven't addressed the underlying issues of this recession.

Historically, recessions can be a good time to re-tool, re-educate, and re-direct capital towards new business opportunities and growth. Recessions have a way of purging old business models that have failed and encourage new successful ones to take their place. I don't see any of this happening and all of Washington's promises on job creation (green jobs) have failed.

Friday, October 2, 2009

Olympic Fail

After an impassioned campaign, Team Obama/Oprah failed to deliver the 2016 Olympic Games to Chicago and the games will be hosted in Brazil.

Americans are in shock over this (primarily European) rejection. We thought the world loved us for electing Barack Obama. Were we wrong?

Long before the name Barack Obama was dropped Europe frequently reminded us that we consumed too much. Enjoyed too much individual freedom. We were told we were too wealthy and needed to transfer that wealth to various global government agencies for crisis x or problem y. Americans instead continued living the lifestyles we wanted, continued growing our economy, and used charity (choice rather than tax) to address world needs. This further angered the Europeans and put leadership at great risk; how does one justify sky high taxes in Europe while the Yanks enjoy lower taxes, better lives, and end up doing more good for the world? Impossible!

The world never wanted a competent, strong, moral President to run the United States. They wanted someone who believed as they do and could be manipulated into subjecting the US to the same kind of group-think that has destroyed Europe. They found that in Barack Obama. Yes, they love America for being stupid enough to elect a socialist, but that love isn't going to translate into progress or achievement.

Many conservatives are giddy today, happy with the news that Obama has been shown the door. I believe the 2016 Olympic games would have been good for Chicago and America and losing that opportunity isn't something to be celebrating given our economic situation.

The silver lining is that Americans get to see what European love is really worth. And that should be celebrated!

Monday, September 14, 2009

Recommended Training

If you have some time before self-serving a-hole finds another camera to get in front of, it's all about the pre-season...

Friday, September 11, 2009

So Sorry Joe

I can only hope that the folks pounding Joe Wilson's site are giving him support.

If it's any consolation the founding fathers were a little rowdy themselves. They were probably impolite to their tyrannical government as well. Shame on Wilson for questioning the emperor even after he called more than half the country liars himself!

When the wheels fall off, and they are working that way, the American people will need alternatives to the current leadership. They won't remember the GOP that sat on it's hand, staying silent and obedient. They won't remember the aisle crossers who participated in the incremental destruction of the Republic. They will remember the men and women of courage who stood up.

Thursday, September 10, 2009

The Health Care One - Two

Obama's speech last night clarified the one-two punch he and the Dems are planning for our health care system (wreck the private system, force the public system). Lots of noise in the media today about the distractions, but there are a few things that stuck out for me...

1. Obama plans to make exclusion of pre-existing conditions illegal along with lifetime benefit limits. This will exponentially increase the cost of coverage for private payers. Initially, insurance companies will compensate by increasing premiums and deductibles. But at some point, companies and individuals will no longer be able to afford coverage and will be forced into the public option. Or the public option will actually provide superior coverage with the private system heavily regulated and burdened--remember the government runs the public option to compete with the private system and makes the rules that regulate the private system.

2. Every American will be required to have health insurance under force of law. This is remarkable and I was speechless when I heard it. Sure, the idea has been floated around and implemented in Massachusetts, but now the President believes every American has to be licensed just for being?!? If this isn't bold-fact fascism I don't know what is and it certainly isn't American.

3. Illegal immigrants will be excluded from the system but there is no mechanism by which this can happen. Mandatory treatment laws will still be in effect and the nation's ERs and urgent care facilities will be open to whoever needs treatment. This is a huge problem for the status quo and our inability to address will destroy whatever utopian solution Democrats can dream up to guarantee votes.

4. If the plan turns out to add to our deficit, other spending cuts will be required elsewhere in the budget. This is an obvious false promise and I don't even think liberals believe this one.


Overall, I'm pleased with the President's speech. He made commitments and promises that are now on the record.

Although I don't like the idea of having to carry a card with me proving I'm insured, I'll take some solace in the fact that the alternative lifestyle groups (non-workers), who heavily support radical left causes, will be impacted more than I. This aspect of the plan might actually employer-sponsered plans (attached to full-time jobs) more attractive, at first!

I also like that the promised free lunch is getting harder and harder to find in all of this. Many folks thought this would be free. It won't be. It's guaranteed to cost all of us more with less coverage and services.

In ten years there will be a "Health Care Then and Now" analysis and Obama's speech will mark the turning point.