Thu, 20 July 2017
Here's a question for you...
Why would the federal government pass a law to bail out a private pension program?
What business is it of the federal government (or any government) to involve itself in a private contract dispute?
Crazy as it might sound the feds, led by Bernie Sanders, is trying to pass the Keep Our Pension Promises Act which would provide a form of bailout to the Teamsters private Central States Pension Fund which currently pays out more than $3 for ever $1 it brings in.
It's a form government corruption, not at the hands of crony capitalists but by unions who made promises of fat pensions they could never hope to cover.
Lord, please say yes!
Can you imagine the hours of material a presidential run by Maxine would provide? She's a goldmine of political humor.
It's not impossible. She's headed to New Hampshire for a picknick to hobnob with the Democratic elites of Strafford County.
Here's me, crossing my fingers.
Wed, 19 July 2017
What happens when social security starts paying out more than it brings in? It's going to happen sooner than you think.
Right now social security is projected to be upside down in just five years.
In addition, the Disability Insurance trust fund will start paying out more than it brings in by 2028.
Those who advocate for bigger government, more spending and big promises need to look at the promises they've already made but can't hope to pay for and those of you who think government promises equal guarantees need to take a hard look at our current situation.
Three things are going to happen over the next twenty years.
1. Taxes are going up.
Don't fall victim to the lies our politicians tell us. It will cost you dearly down the road.
Tue, 18 July 2017
Repeal and replace is now finished and the Senate is having trouble mustering the votes just to bring a repeal bill up for debate.
At this point, it's safe to say the congress is incapable of functioning.
Some of you could not be happier, and under normal circumstances, I'd be right there with you. But a repeal of Obamacare and a rollback of regulation combined with tax reforms are things I'd like to see happen. The problem is, Republicans don't.
If you ever thought Republicans stand for your values of limited government and free markets the last few months should be a huge reality check.
Mon, 17 July 2017
If you want to know why someone would call for MORE regulation in their industry just follow the money.
Once a company has established itself in the space, controlling competition becomes a serious concern.
One of the easiest ways to prevent competition from entering the market is to petition the government to institute burdensome and expensive regulation.
The established company can afford to pay the cost associated with the regulation while the startup will struggle. It's an old game being masterfully played by Elon.
Fri, 14 July 2017
Normally I'd be excited. And maybe I should be. Obamacare reform isn't going to happen. (Even if it does happen)
There's little to no hope of any tax reform which means no increase in the debt and deficit and...
There's no budget on the horizon which means getting big spending projects done is nearly impossible.
These are all good things, but it would be nice if, for once, Congress could get some significant spending cuts, tax cuts, and regulation reform accomplished.
This has been the Republican promise, but alas, as usual, their tough talk turns out to be just that, talk.
Today I want to talk with you about government lies and empty promises. We'll use the current state of affairs as our examples.
Happy Friday everyone. Enjoy!
Thu, 13 July 2017
I'm so sick of hearing all the proponents of "net neutrality" complain about the FCC's attempt to remove hundreds of pages of unnecessary regulation.
None of them have the slightest idea what they're talking about. For starters 'net neutrality' isn't even a real thing. The Internet has never been neutral or even equal. That's because it's a free market and in a free market broad INEQUALITIES that exist.
Net Neutrality is a made up term invented by those who want to have the internet regulated for their own financial gain.
I've spoken about this at length in the past, but the trolls are back out claiming the "free internet" is going to come to an end when these regulations get rolled back.
Today I'm going to clear things up and give you the firepower necessary to teach the truth.
Wed, 12 July 2017
From the mouth of Fed Chair Janet Yellen, "I don't believe we will see another financial crisis in our lifetime."
I had to reread the quote three times.
From there my mind began to race working all the angles. Why would she say that? What political or economic gain could come from such a ridiculous statement.
I am at a loss which leaves me with only one answer. Yellen is drinking her own Kool-Aid and actually believes she can control the market.
It's nonsense of course. Attempts to control the market always fail. But that doesn't stop each generation of control freaks from giving it the old college try.
It's a mad, mad world.
Tue, 11 July 2017
I know some of you think I've been watching too much MSNBC but I think Trump has some new problems.
It turns out Trump's campaign met with a Russian lawyer because they though she had dirt on Hillary Clinton.
That, by itself, is no big deal. The problem is they thought this lawyer was working for the Russian government.
What's worse, the guy they sent to the meeting was none other than Trump Jr. The man who sits at the left hand of power. (Ivanka is on the right, naturally.)
It's impossible to fathom Tump was not aware of the meeting or the circumstances surrounding it.
Is this collusion? No, because everyone admits there was no damaging information shared at the meeting. But it does show an ATTEMPT by the Trump campaign to get information from a representative working for the Russian government about a political opponent.
That is going to cause Trump some problems.
Naturally, he's going to come out clean. That's what presidents do. But it proves the claims that some Trump campaign officials DID seek to sway the election with the help of the Russians.
Mon, 10 July 2017
Shocking as it may be, having seen the collapse of health insurance at the hands of government there are still those who push for a single payer system as an answer to what ails us.
In a painful to read article from the New York Times, the author asserts the many reasons why switching to a single payer system will...wait for it...save us money.
It's the same gas we heard out of progressive mouths when Obamacare was being voted on. Since that worked out so well, why not give the government total control over our healthcare decisions.
I get a little fired up today. Apologies in advance.
Fri, 7 July 2017
That's right, after outrage over a recent tax cut politicians have made it easy to pay more taxes if you feel you're not receiving a firm enough rooting from the government.
To date, they have brought in the equivalent of $1,325.
You see, most people feel like the taxes they pay are far too high or at least high enough. It's only the other guy doing a little better than we are who are not paying his "fair share."