Monday, April 30, 2012
Three Years of Sitting Obama Out
Indeed, I have used the actual words to describe how business leaders have largely approached the existence of the Obama administration - wait him out. They have waited him out, hiring abroad, hoarding cash, shrinking their balance sheets, and now the light at the end of the tunnel is faintly visible.
Friday, April 27, 2012
Real Political Party of Genius
Today's evidence adds to the picture, a stagflationary 2.2% GDP growth number that hardly helps people get jobs or advance in life, but corporate earnings are pretty darned good.
U.S. stocks gained, sending the Standard and Poor’s 500 Index toward the biggest weekly advance in a month, after better-than-estimated earnings overshadowed data showing the economy expanded less than forecast.We salute you Real Political Party of Genius. You've even one-upped the giant taco salad inventor. Crack open an ice cold Bud Light.
N.B. I almost titled this post the "The Obamacrats' Taco Salad Economy". Is that giant taco salad healthy? Of course it is, it's a salad. Is Obama's economy good for average Americans? Of course it is, he's Obama.
UPDATE: I kid you not, this just hit...the slow economy is good for America... I guess that's right, whatever Obama gives us has to be good for us, right...he's a Lightworker!
We Have Stagflation, Just No Billy Beer
The Moocher Vote
How To Deal With Schmucks (in the White House)
Andy Cuomo Copies Obama's Discredited "Stimulus"
OK, enough with the snark. You know what this is, or at least what it is supposed to be? It is back door slush money to keep municipalities from feeling the pain of Cuomo's half-assed attempts to stop the ratchet of government growth that is eating the state alive. Cuomo passed a 2% tax cap for school districts but continues to resist a significant movement for "mandate relief," which is relief from costs that local governments must pay because Albany says so. So Albany has mandated costs that are growing and yet capped revenues that localities can raise without much to-do. Many towns are in a sticky situation and are laying off workers and cutting back significantly. This is not good for local pols. So Cuomo has to do something to make up for the pickle he's put them in by holding himself out as a reformer that hasn't actually reformed anything because he's too timid. Cuomo is hoping to coast to re-election on his gay-marriage sainthood but he's got to keep the economic balls in the air. Thus the need to sprinkle $800 million of funny money around the state. See Andy juggle. Juggle, Andy. Juggle!
Thursday, April 26, 2012
Italy: The Sclerosis Is Too Deep, They're Cooked
So what's the lesson? That a political ideology and the structure that flows from it, cannot be easily and painlessly undone. Leftism, the European social model, whatever you want to call it, is not a policy direction that can simply be reversed, it is a political carcinogen that has been ingested in too large of a quantity and must be somehow excised or expelled from the body. This never happens quickly or painlessly. European problems are only beginning. I pray that they only stay in Europe - Europe has a way a f**king things up for the entire world.
Wednesday, April 25, 2012
"Context and intent make all the difference."
Romney Shocks With Actual Mojo...?
I very much like the three-pronged approach: 1) the presidential, above the fray air (because the guy is actually presidential); 2) the Reaganite Hope/Optimistic Themes ("dust off those 'Help Wanted' signs" sounds alot like Morning In America but with specificity on jobs); and 3) the dismissiveness of the Lightworker as a bit of a joke, b/c, well, he is.
One final thought. Yesterday, I got my fifth consecutive issue of American Rifleman in which nearly every printed editorial word was a call to arms to defeat Obama this November. The NRA estimates that there are 20 million gun owners that aren't registered to vote. That is amazing to me, but who am I to question that. If the NRA is successful at whipping up a decent chunk of those folks, and by all accounts they are trying mightily, and driving them to the polls, then Obama is toast. Gun sales figures would indicate that the NRA's GOTV efforts could be successful. People are already voting with their dollars, it's not a stretch to imagine that they will vote with their votes too.
UPDATE: I have chronicled well the sharp criticism of Obama's economic policy leveled by Democrat businessman and media mogul, Mort Zuckerman. My friend at SayAnythingBlog, Bat One, takes up the duty again today. Remember how we saw, putatively exhausted/angered with Bush, the emergence of "Obamicans" in the 2008 election? So, an interesting question: Will Zuckerman lead a vanguard of business-minded 'Romneycrats'? Hmmm....
UPPDATE: Almost forgot this one - on the day after Romney comes out swinging and makes the case that we have to move on from Obama's "false promises and weak leadership", the man who I have said will be Treasury Secretary under a President Romney takes to the pages of the WSJ Op-Ed pages to say that Obama's budget math is screwy and disastrous.
Tuesday, April 24, 2012
More Evidence of Global Warming's Death
How are these related? Global Warming is Over, that's how. First because of national greatness, and second because even the scientists are standing down.
Monday, April 23, 2012
Another Clintonite Knife In Obama's Back
Why would Daley be doing this?
It's coming baby. Four more years and we may be looking alot more like Argentina.
Friday, April 20, 2012
Romney Money Flood Just Kicking In
And trust me, Republicans, conservatives, and libertarians are all going to like Romney alot more when he's loaded with cash and boils it down to this - "It's me or your basic freedoms, so what will it be?"
Thursday, April 19, 2012
Argentina Just Made Themselves China's Bitch
Changing ownership of an oil company doesn't change the elemental fact that it takes money and know-how (and increasingly sophisticated and specialized know-how) to pull oil out of the ground. So, Argentina will need money and connections if they are ever to get any more oil out of the ground now that they've made YPF radioactive. The only potential partner willing to provide either or both will be China, but the ChiComs know this and they will ask for and get very favorable terms. Argentina will find itself playing by Chinese rules in short order.
The Evidence Is In, Crap On Business and They Won't Hire
Now the broader evidence is trickling in that shows I was right and illuminates the devastating effect of the Lightworker's rank anti-business agenda has had on job creation.
So, in a critical year of recovery where the private sector was shrinking and we needed jobs from strong multinationals, who were able to hire, badly, those companies created nearly all the precious few jobs they could muster overseas. And I don't blame them. The United States government was crapping all over American businesses, why should they expose themselves to abuse and risks when other countries were rolling out the red carpets for their investment dollars?
U.S.-based multinational companies increased their work forces at home by 0.1% in 2010 while expanding overseas employment by 1.5%, the Commerce Department said Wednesday.
The modest expansion of the global companies' employment in the U.S. came in a year when the private sector as a whole shed 0.6% of its U.S. workers.
Hope and change, baby!
Tuesday, April 17, 2012
Obama's Oil Plan Is Silly...But More Importantly, Fishy
Again...seriously? Did anybody in the press catch this ridiculously out-of-whack number and ask a single question about it, or did they just regurgitate the White House talking points? Seriously, Obama is going to spend twice the entire Energy Department's budget on policing a few oil traders??
We know the plan is phony, a political ploy to make Obama seem like he's doing something, but you'd think the White House would be smarter than to tack an outrageously phony number on the plan that would instantly discredit it. Or perhaps not. Perhaps these guys are such lunatic lefties that no amount of money attached to any problem whatsoever seems out-of-whack. Or perhaps they are so confident in the complicity of press to show not a whiff of curiousness or investigative instinct, that they didn't fear using the $52 billion number. Or perhaps...both. Yikes. November can't come soon enough.
UPDATE: Scratch this whole post...it comes down to CNBC's innumeracy. The number is $52 million, which, for instance, Bloomberg gets right. My bad for assuming that CNBC, the leading financial news network, could keep it's billions and millions straight.
Obama Can't Even Pull a Bushism
Thursday, April 05, 2012
Forget the Economy and Gas Prices, Lightworker Working His Light...on Golf Clubs
Actually, Rometty should be invited to join, but not because she is a woman. She should be extended the same privileges and honors extended to all her predecessors at IBM.
Hey Coke: No Cojones, No Business
Wednesday, April 04, 2012
It's Official, Geithner Is Batty
Take it away TurboTax Timmy:
"There is no economic or financial case for using the fear of future deficits to cut as deeply into core functions of the government, to weaken the safety net or fundamentally alter Medicare benefits as do the Republican proposals," Geithner said."Read it again and understand that this statement comes after three years of $1.3 trillion deficits, which has become the standard Obama run rate. Boiled down to its essence TTT is saying there is no economic or financial logic against spending more money than you have. TTT is saying that a Greece can't happen. Who in their right mind would buy a US Treasury bill after hearing that?
WTF: Treasury Given ONE DAY to Review Solyndra Loan !!
The U.S. Treasury Department was given one day to review Solyndra LLC’s $535 million U.S. loan guarantee after learning the Energy Department was ready to announce the award publicly, according to a Treasury audit.Oops.
For taxpayers, it appears we won't win any of 'em.
Tuesday, April 03, 2012
No disaster funds for sure. No visit probably. But my money is on an overt insult, a gratuitous stick in the eye of the state that embodies everything Dear Leader can't stand. It's coming. Wait for it. Taking bets...
Obama's America = Risky Counter-Party
How To Encourage a Nation of Tax Cheats
Is Housing Hot?
Awesome Headline Writes Itself
The Constitutional Law Professor Who Don't Know Jack?
And, he clearly is delusional about who and how the ACA was passed. Just some fun tidbits from the ethically bereft episode at the time: "Slaughter Rule"; "deem and pass"; "Cornhusker Kickback"; "Louisiana Purchase"; "Bart Stupak's cave"
...and remember this little bit of Calvinball?
...and, of course, there is Alcee "There are no rules (plus, I am a crook!)" Hastings.
Yes, it was the very essence of people power that brought us ObamaCare!