One of the major tells of The One’s socialism was when he said in that debate that he’d increase the rate, even it it hurt the economyreduced government revenues, out of “fairness.”
Category Archives: Business
You Don’t Say (Part 2)
Most people think that government spending hurts the economy. You have to be an economic dolt to think otherwise. Unfortunately, we have a lot of those, some of whom are currently running the country. Not to mention making fools of themselves in my comments section.
Bankrupting America
A new video.
The Entrepreneur
…and the minimum wage.
It’s a shame that we have economic ignorami running the country. What’s particularly stupid about a federal minimum wage is that it’s one-size-fits-all in a country with a wide disparity of living costs. And the degree to which it keeps the young and unskilled from reaching even the first rung of the career ladder is criminal, and a major reason that unemployment is so high among young people in the inner city. But they keep voting these morons in.
My Propellant Depot Slides
OK, Jon has guilted me (Darn you, Goff, darn you to heck) into putting my presentation at Space Access on line.
I’ll try to annotate them tomorrow…
The Deficit And The Debt
A parable.
A Letter
We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. I didn’t hear America complaining when the market was roaring to 14,000 and everyone’s 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I’ve never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.
Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.
Go ahead and continue to take us down, but you’re only going to hurt yourselves. What’s going to happen when we can’t find jobs on the Street anymore? Guess what: We’re going to take yours. We get up at 5am & work till 10pm or later. We’re used to not getting up to pee when we have a position. We don’t take an hour or more for a lunch break. We don’t demand a union. We don’t retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we’ll eat that.
For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders and doing landscaping? We’re going to take your cushy jobs with tenure and 4 months off a year and whine just like you that we are so-o-o-o underpaid for building the youth of America. Say goodbye to your overtime and double time and a half. I’ll be hitting grounders to the high school baseball team for $5k extra a summer, thank you very much.
So now that we’re going to be making $85k a year without upside, Joe Mainstreet is going to have his revenge, right? Wrong! Guess what: we’re going to stop buying the new 80k car, we aren’t going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We’re going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours.
The difference is, you lived off of it, we rejoiced in it. The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it’s really going to hurt like hell for them when our fat a**es land directly on the middle class of America and knock them to the bottom.
We aren’t dinosaurs. We are smarter and more vicious than that, and we are going to survive. The question is, now that Obama & his administration are making Joe Mainstreet our food supply…will he? and will they?
I wish it was easier to undo legislation.
[Update a late afternoon]
Nicole Gelinas has some useful thoughts.
Hmmmmm…
Armadillo has reportedly given exclusive marketing rights for suborbital passenger flight to Space Adventures. I’m not sure that’s a great idea — it might restrict the market somewhat if others, like Incredible Adventures, can’t sell them as well. I wonder what they got for it.
What Is Obama’s Motive In Space?
Brian Micklethwait tries to figure it out. I think he’s overthinking it, myself. I agree with this commenter:
Obama doesn’t believe in space exploration and doesn’t care about it. He is uninterested. Therefore he doesn’t attempt to manage it or fix it the only way he knows – by state management. He is willing to leave it alone, to ignore it, to stay away from it. He cares about social policy (“spreading the wealth”) – space has nothing to do with this. It’s not his cup of tea.
It doesn’t really matter. The policy is what it is. Now we have to fight to get it implemented, and unfortunately, that means (ironically) a fight with people who should be supporting it if they were true to their own principles.
The Insurance Mandate
If the court upholds this odious legislation, it will have effectively removed all limits on federal government power. Which of course would be just fine with the totalitarians who voted for it.