Robb hits another nail on the head. Are you part of the 1%?
Category Archives: Economy
Calvin Coolidge
When thinking about the past Presidents of the United States, Calvin Coolidge is one of the last that come to mind for many. This is truly unfortunate, especially for conservatives. Here is actual video and audio from a small speech delivered by Coolidge in 1924, the first ever recorded for a President. It gets really good around 2 minutes.
86 years ago, Calvin Coolidge told to the American people that their taxes were too high and that their liberties were were being trampled upon. I ask you, does the current administration think about the individual when it proposes raising taxes or when it forces socialized medicine upon the people? The answer, simply, is No.
Thank you, President Coolidge, for giving conservatives another point in history with which to reference the intent of our Founders.
Bulk Ammo
We’re all looking for cheap ammo these days. The other day I received an email:
from Steven Otterbacher <steven.otterbacher@bulkammo.com>
to date subject Hi there,
I read your blog from time to time and thought you might want some “press release” material for your readers: we just launched a new online ammo site that specializes in bulk ammunition for serious shooters.
If you are interested, we would sure appreciate a short post to your readership (feel free to link to your favorite product deal on our site or just a link to http://www.bulkammo.com/ with the anchor text “Bulk Ammo”) about our grand opening!
And I am sure they would appreciate this coupon: $25 off their first order over $200: GrandOpening
We have a lot of inventory available and its all ready to ship, so enjoy!
Thanks for all that you do for the cause!
Steven
BulkAmmo.com
At first I wasn’t sure about posting anything but the world of economics must continue to be controlled by capitalism! Being a poor (meaning financially deficient) shooter, I haven’t used their service. But hey, $25 off your first order of $200 isn’t bad and $200 is pretty easy to lay down when you’re buying ammo.
The Empire is Struggling Financially
You know things have gotten bad for the Galactic Empire when Darth Vader is sent to rob a bank.
Quote of the Day
From BobG:
Every time Congress or the Senate gets together and starts “reforming” things, it make me nervous. What usually happens is that they manage to cobble together some sort of ungodly monstrosity that no one really understands completely, [and] no one has read from start to finish….
Surprise, Surprise
ObamaCare to cost more than expected.
Really? No, it can’t be. He promised that it would contain costs! Heh. And some people actually believe him.
Obama’s First State of the Union
I’ve had a little bit of time to chew on Obama’s first State of the Union address. Obama actually tried to present himself from a center-left position. Unfortunately, his actions over the last year speak louder than his words. I found the speech to be full of hyperbole, and not much else.
He all but ordered congress to be bi-partisan, falsely believing that the United States Congress answers to him rather than to the American people, all while giving a completely partisan speech. I didn’t count the number of times that former President Bush was blamed, nor did I count the number of times that President Obama failed to admit that the Democrats have controlled congress since 2006.
Blaming our country’s financial crisis on “the lost decade and the man who ran it” is ridiculous. Let’s think back to 1999 when a 90-8 vote in the Senate and 362-57 vote in the House replaced Glass-Steagall with Gramm-Leach-Bliley, which was signed into law November 12, 1999 (by President Bush, none-the-less). And lest we forget, on September 11, 2001 two hijacked airplanes were plunged into the World Trade Center, affecting markets and financial systems globally (also GW’s fault).
On the night of the 2008 Presidential Elections, just after Obama’s victory speech, I texted a friend of mine who was an ardent Obama supporter. I simply said, “If your boy can accomplish 1/10 of his campaign promises, I’ll consider his administration a success.” I’ll admit, maybe part of me hoped that he could actually pull it off – he’s a pretty damn good orator. Yet, his actions over the last year have proven otherwise. His first State of the Union address attempted to rekindle some of the magic show from 2008, but the man behind the curtain was in plain sight and cannot be ignored.
Oh yeah, and attacking the Supreme Court is a sure way to have them appose ALL of your pet projects.
On a grading scale, I give this State of the Union a solid D. I give the President one point for attempting to appear as a centrist simply for the thought that maybe it will catch on and America will begin electing center-left/center-right politicians. Of course, the President would probably give himself a B-.
Capitalism vs. Socialism
Howard Dean speaks out on the subject:
I think the debate for the new generation is instead of capitalism or socialism is we are going to have both and which proportion of each should we have in order to make this all work.
Well, that settles it.
Found here.
What He Said
Hope and Change
Let’s talk about Federal Transparency:
After continued talk of the Obama Administration’s successes of saving or creating millions of jobs across the country and in Utah, Congressman Rob Bishop (UT-01) today decided to check out how Utah fared from the Economic Recovery Act on Recovery.gov, a website hosted by Vice President Joe Biden and the Executive Branch tracking how stimulus dollars impacted states.
…
According to figures listed on Recovery.gov, $1,124,614 in federal funding from the stimulus act has been spent this year in Utah’s Fourth Congressional District – a district which doesn’t exist. The website also claims that the 00 Congressional District in Utah has turned $539,834 dollars it received in federal funding into 26 jobs. “If one counts the 00 district [also listed], we’ve actually got 5 seats in [the House],” Bishop added.
Emphasis added by me.
Yep, hope and change.
Audit the Fed
Ron Paul’s bill that would publicly audit the Federal Reserve, HR 1207, now has 290 co-sponsors in the House and 25 co-sponsors in the Senate. I’m happy to see that 4 of Utah’s 5 congress critters are on board – Matheson, the lone Democrat, is still holding out. This could be very interesting…
Really, 150,000 Jobs?!
Yep – but that’s only about 2.7% of the total number of jobs that have been lost since the recession started in the middle of 2008. Joe has more.
How's That Stimulus Working Out?
Joe takes a look at what the Obama Administration said would happen with and without the 1,000 page stimulus package that was blindly passed by our Congress critters, and what actually happened.
