Here is my recommendation for creating a job for every single American that wants a job. Actually I have several options. Congress should pass a law outlawing all machine use. That way to make up for what machines do, people will be needed. Here is another one. Lets just bring back the draft and draft everyone that does not have a job and force them to serve in the military whether they are all needed or not. Or better yet not to put them in danger (plus I'd rather many people who are jobless not to be in our wonderful military) we can simply have the government pay for people to do what my dad use to warn he would have me do if I was a smart-elic to my mother... We could pay people to dig holes and then re-fill them in.
You might think I'm an idiot but I'm really not. I'm just acting like the Obama administration. You say how? There are two ways government can get GDP to rise and thus create jobs according to basic economic text books. We can increase government spending or lower taxes. Now all your basic economic books will tell you that government spending will raise GDP faster than lowering taxes because a percentage of that tax break will be saved by the American individual getting the tax break thus not being used in our economy. This while every dollar of the government spending will be spent in the economy. There is only one problem...
How do we know if government is spending money on things that Americans want and need? Government might build a bridge and put hundreds to work but if that bridge is going to be used by 100 people a day and employ lets say 100 people to build, it might not be worth the cost of 200 million dollars to build that bridge. That means 2 million dollars was spent on each job. Is that really helping the economy other than those 100 people? Government can spend money and create "Green" jobs but if those jobs are not efficient jobs that help create "WEALTH" then it is a waste of resources.
Do you trust millions of Americans who know exactly what they need to improve their lives using their money the way they want to. Or do you trust some government official or "czar" spending that money on what he or she thinks the economy needs? A supermarket has 60,000 items in it that tens of millions of people had a part in getting there when you take into account every single job that is needed to get those items to the store. Do you think a government official could run our supermarkets? It would be impossible for one individual or a group of government officials to have all the information needed to do so.
I would much rather spend my own money!
Thursday, July 9, 2009
Friday, July 3, 2009
The Do Nothing Approach
With Americans lack of history knowledge and especially economic illiteracy, it is political suicide for an American President or Congressman to get elected on the promise of doing nothing. We believe that these representatives are suppose to vote and make laws that benefit their constituents. Yet their job is to abide by the Constitution and make laws that are the framework for our nation. Yet today over 60 percent of what congress does is unconstitutional. Doing nothing would be much better.
If Congress and the President did nothing we would not be having the current housing crisis. We would not have a massive debt that is held by foreign countries. We would not have billions spent on pork barrel projects. Lobbyist would be out of a job. Inflation would be much lower, housing would be cheaper with less regulation, credit wold be easier to get right now, and thus the stock market would be in better shape. With a do nothing congress taxes would be less than one half of what they are, a man could start a small business in one day not work on it for half a year and pay enormous costs to do so. Electricity and gas prices would be much lower because of the use of Nuclear Energy and the increased production of oil.
So why is it political suicide for politicians to go to office and promise all these things? The reason is simple but yet complex. Years of brainwashing in colleges and by politicians with the help of the media and more importantly the Judicial Branch has programmed our minds to be very dependent human beings. I was hanging out with some friends and one of them said "I can't wait to get my free health insurance." What he was saying is "ha ha ha your going to pay for my health insurance." He loves the fact that he does not have to pay for it. Wouldn't anyone? Yes unless that person understood what government healthcare is like in other countries and understands the economics about it and the fact that it is unconstitutional. These things take time to teach and in a school system ran by politicians and unions that would prefer us NOT to know these things, they do not get taught.
Its sad but it all goes back to the failure of our education system. Well failure to us not to the politicians and unions running our education system.
If Congress and the President did nothing we would not be having the current housing crisis. We would not have a massive debt that is held by foreign countries. We would not have billions spent on pork barrel projects. Lobbyist would be out of a job. Inflation would be much lower, housing would be cheaper with less regulation, credit wold be easier to get right now, and thus the stock market would be in better shape. With a do nothing congress taxes would be less than one half of what they are, a man could start a small business in one day not work on it for half a year and pay enormous costs to do so. Electricity and gas prices would be much lower because of the use of Nuclear Energy and the increased production of oil.
So why is it political suicide for politicians to go to office and promise all these things? The reason is simple but yet complex. Years of brainwashing in colleges and by politicians with the help of the media and more importantly the Judicial Branch has programmed our minds to be very dependent human beings. I was hanging out with some friends and one of them said "I can't wait to get my free health insurance." What he was saying is "ha ha ha your going to pay for my health insurance." He loves the fact that he does not have to pay for it. Wouldn't anyone? Yes unless that person understood what government healthcare is like in other countries and understands the economics about it and the fact that it is unconstitutional. These things take time to teach and in a school system ran by politicians and unions that would prefer us NOT to know these things, they do not get taught.
Its sad but it all goes back to the failure of our education system. Well failure to us not to the politicians and unions running our education system.
Wednesday, June 24, 2009
Is America Different?
Remember the story about American Soldiers committing atrocities and torturing Iraqi Prisoners at Abu Ghraib? In fact right now go google "Abu Ghraib". The top link is Wikipedia report of abuse scandals. Everyone remembers it.
Interesting the historical word for atrocities and torture would usually relate to the gouging of eyes, ripping off of fingernails, whipping, acid baths, screw drivers into muscles, etc. The pictures of prisoners who were rescued from Japanese POW camps were weighing around 100 pounds while being disease infested and nearly starving to death. But these "atrocities" were soldiers making Iraqi prisoners get naked around each other in front of women (whom they are not to be naked around according to their religion). They were on dog leashes or simulated sexual acts. The worse things was being urinated on or maybe hit with a rifle in the groin. Are those from a historical standpoint considered atrocities? I would say not. Neither are they right or should their actions be condoned. But "Torture"? NO!
In other cultures prisoners are tortured to near death. The recently released Chinese "terrorist" that were released from Gitmo and sent to Bermuda talked about how much better they were treated in Cuba by Americans than they are their own government. In fact if they were sent back to China they would have surely been killed by their own government. Yet terrorist commit the most evil acts you can imagine and your hard pressed to find other Muslims condemning their acts. Don't get me wrong by no means am I saying that All Muslims are evil or terrorist. There are lots of great Muslim people. But where are the majority of them condemning their acts. Yet when Americans do things that are far from those extremes they are condemned by the U.S. media and politicians, and are usually put on trial and sentenced to punishment that is not justified when put into context.
These Iraqi terrorist have killed and tortured many of these soldiers fellow soldiers. Put yourself in their place and lets say your best friend was killed by them. Would you be tempted to embarrass and irritate many of the prisoners? Yes of course. Does it make it right to do? No. But in America we strongly condemn our few soldiers who commit these acts. But to call them atrocities or torture is just stupid. In fact the only truly stupid thing these soldiers did as Walter William once wrote was allow people to photograph their actions. That truly was stupid.
America is in fact different. We hold ourselves to a higher standard. I like that. But lets put into context our actions. We are a great country and different!
Interesting the historical word for atrocities and torture would usually relate to the gouging of eyes, ripping off of fingernails, whipping, acid baths, screw drivers into muscles, etc. The pictures of prisoners who were rescued from Japanese POW camps were weighing around 100 pounds while being disease infested and nearly starving to death. But these "atrocities" were soldiers making Iraqi prisoners get naked around each other in front of women (whom they are not to be naked around according to their religion). They were on dog leashes or simulated sexual acts. The worse things was being urinated on or maybe hit with a rifle in the groin. Are those from a historical standpoint considered atrocities? I would say not. Neither are they right or should their actions be condoned. But "Torture"? NO!
In other cultures prisoners are tortured to near death. The recently released Chinese "terrorist" that were released from Gitmo and sent to Bermuda talked about how much better they were treated in Cuba by Americans than they are their own government. In fact if they were sent back to China they would have surely been killed by their own government. Yet terrorist commit the most evil acts you can imagine and your hard pressed to find other Muslims condemning their acts. Don't get me wrong by no means am I saying that All Muslims are evil or terrorist. There are lots of great Muslim people. But where are the majority of them condemning their acts. Yet when Americans do things that are far from those extremes they are condemned by the U.S. media and politicians, and are usually put on trial and sentenced to punishment that is not justified when put into context.
These Iraqi terrorist have killed and tortured many of these soldiers fellow soldiers. Put yourself in their place and lets say your best friend was killed by them. Would you be tempted to embarrass and irritate many of the prisoners? Yes of course. Does it make it right to do? No. But in America we strongly condemn our few soldiers who commit these acts. But to call them atrocities or torture is just stupid. In fact the only truly stupid thing these soldiers did as Walter William once wrote was allow people to photograph their actions. That truly was stupid.
America is in fact different. We hold ourselves to a higher standard. I like that. But lets put into context our actions. We are a great country and different!
Wednesday, June 17, 2009
Different Regulations=same ole problems
The Obama administration, just like any other great political administration, is taking proactive steps in fixing the financial system in our nation. To put in context, the economy is in a serious recession that began under the Bush administration and is continuing even through the stimulus era of increased government spending. I have already explained why I hate stimulus packages whether put together by Republicans or Democrats in past posts. But today the administration is going to fix the problems with more centralized regulation.
I have not read the full details but instead of having many different regulatory agencies, the federal reserve and the Treasury Secretary will have ultimate power on regulation. No more doubt on who has the power to punish people for making bad loans. Actually that sentence should be written "reward people for making bad loans and punishing those who do not." The reason being is that government regulators require a bank to make a certain amount of loans to people whom that political party or government official might want to make happy.
In reality we need less regulation and quite nearly none whatsoever. I take that back we need the most efficient regulation of all time. That being the regulation that the free market naturally puts on banks. If banks make bad risky loans to people who can not repay them, the government does not bail them out or help. The bank loses as well as the borrower. If government would stop forcing or pressuring financial institutions to make risky loans, and secondly stop giving them safety nets, then financial institutions will make decisions that would only benefit them. Which is- make good loans at affordable interest rates so they can compete with other loaning institutions while not making lots of risky loans to people who will not be able to repay them. Will fewer people be able to buy a house? The answer is yes. The percentage will lower by a couple at most few percentage points in the long run. The good news is you don't have a artificially inflated markets that causes inflation of home values and then a drop that bottoms out to a point where every persons property and house's value dissipates. Thus causing the entire economy to go into a recession of not depression.
Solution: Federal Government do only what the Constitution gives you authority to do. Meaning only about 35% of what you currently do. Furthermore, allow states to set whatever laws and regulations they want. I believe within a few years states that let the free market work will see its people and companies flourishing with prosperity. Then other states will follow suit and our entire nation will use the system that works best. Very light regulation, strong laws though, with free markets doing most of the regulation. Instead we have one giant fascist federal government making a mockery of the Constitution of the United States.
I have not read the full details but instead of having many different regulatory agencies, the federal reserve and the Treasury Secretary will have ultimate power on regulation. No more doubt on who has the power to punish people for making bad loans. Actually that sentence should be written "reward people for making bad loans and punishing those who do not." The reason being is that government regulators require a bank to make a certain amount of loans to people whom that political party or government official might want to make happy.
In reality we need less regulation and quite nearly none whatsoever. I take that back we need the most efficient regulation of all time. That being the regulation that the free market naturally puts on banks. If banks make bad risky loans to people who can not repay them, the government does not bail them out or help. The bank loses as well as the borrower. If government would stop forcing or pressuring financial institutions to make risky loans, and secondly stop giving them safety nets, then financial institutions will make decisions that would only benefit them. Which is- make good loans at affordable interest rates so they can compete with other loaning institutions while not making lots of risky loans to people who will not be able to repay them. Will fewer people be able to buy a house? The answer is yes. The percentage will lower by a couple at most few percentage points in the long run. The good news is you don't have a artificially inflated markets that causes inflation of home values and then a drop that bottoms out to a point where every persons property and house's value dissipates. Thus causing the entire economy to go into a recession of not depression.
Solution: Federal Government do only what the Constitution gives you authority to do. Meaning only about 35% of what you currently do. Furthermore, allow states to set whatever laws and regulations they want. I believe within a few years states that let the free market work will see its people and companies flourishing with prosperity. Then other states will follow suit and our entire nation will use the system that works best. Very light regulation, strong laws though, with free markets doing most of the regulation. Instead we have one giant fascist federal government making a mockery of the Constitution of the United States.
Thursday, June 11, 2009
a country of ignorant people
Liberals are brilliant to the point that they began to dismantle our traditional American heritage many decades ago. If a country of people are uneducated on economics and American history, they might believe anything. I tend to concentrate on economics in this blog.
It is hard for me to express my displeasure of the Obama administration's growth into our lives with the takeover of GM, the introduction of czars that will control aspects of the economy, and now the greater regulation of tobacco and the getting close to huge overhaul of our healthcare in America. The reason it is hard is that most Americans do not understand the bases of an argument because their knowledge of simple economics (in my opinion the most important school subject after basic English and Math) is so poor. How can I argue against well intended policies that sound good if the American people do not know the cost associated with the growth of government despite good intentions.
Pay Czar? Please read my past blogs about CEO pay. There you will learn why it is so dangerous to allow the government to manipulate the market pay of CEO's no matter how many millions they make when YOU don't think they are worth it.
I have also written past blogs about Healthcare and why free markets have worked so well there. I give examples of government healthcare in other nations as well.
Christians like the fact that government regulates some things. Tobacco use, prostitution, seat belts, helmets on bikes, etc... Many conservatives love those regulations too. I hate them. I don't think government should regulate parts of our lives that do not affect other people. I disagree with doing the many of the things that government outlaws. But giving it the right to prohibit or regulate the use thereof could give government the go ahead on other things. What if you went into a restaurant and ordered a dessert and the waiter said "I'm sorry but according to new government standards, you have already reached your calorie limit". You think that sounds crazy but they already outlawed different ways to make food at restaurants. McDonald's went away with the "Super Size" due to lawsuits, etc...
If government takes over healthcare you better believe to keep cost down they will prohibit your liberty to eat what you want when you want it and how much of it you can have.
Solution: More education with less government involvement = more economics without agenda. The more a person knows and understands economics, the less government they usually want. It hurts government to teach about economics. In other words government is smart to keep us dumb. Lets not let them keep doing it to us.
It is hard for me to express my displeasure of the Obama administration's growth into our lives with the takeover of GM, the introduction of czars that will control aspects of the economy, and now the greater regulation of tobacco and the getting close to huge overhaul of our healthcare in America. The reason it is hard is that most Americans do not understand the bases of an argument because their knowledge of simple economics (in my opinion the most important school subject after basic English and Math) is so poor. How can I argue against well intended policies that sound good if the American people do not know the cost associated with the growth of government despite good intentions.
Pay Czar? Please read my past blogs about CEO pay. There you will learn why it is so dangerous to allow the government to manipulate the market pay of CEO's no matter how many millions they make when YOU don't think they are worth it.
I have also written past blogs about Healthcare and why free markets have worked so well there. I give examples of government healthcare in other nations as well.
Christians like the fact that government regulates some things. Tobacco use, prostitution, seat belts, helmets on bikes, etc... Many conservatives love those regulations too. I hate them. I don't think government should regulate parts of our lives that do not affect other people. I disagree with doing the many of the things that government outlaws. But giving it the right to prohibit or regulate the use thereof could give government the go ahead on other things. What if you went into a restaurant and ordered a dessert and the waiter said "I'm sorry but according to new government standards, you have already reached your calorie limit". You think that sounds crazy but they already outlawed different ways to make food at restaurants. McDonald's went away with the "Super Size" due to lawsuits, etc...
If government takes over healthcare you better believe to keep cost down they will prohibit your liberty to eat what you want when you want it and how much of it you can have.
Solution: More education with less government involvement = more economics without agenda. The more a person knows and understands economics, the less government they usually want. It hurts government to teach about economics. In other words government is smart to keep us dumb. Lets not let them keep doing it to us.
Monday, May 18, 2009
The Environment vs Human Life- Victory Environment
Today the Environment just got another big victory over human life as the Obama administration has forced cars to get 42 mpg by 2016. Read this link to learn more:
http://www.msnbc.msn.com/id/30810514/wid=18298287
What most of us do not understand is that cost must be accounted for in any decision we make in life no matter how small a decision. The cost: To get cars that kind of gas mileage will cost businesses money to invest into technology that people do not want. This means less money spent on making cars that people want which means less cars being made and fewer jobs open to people in the car making business. Further, the cost of each car will go up as more money is needed to invest into research for this huge hike in gas mileage. Fewer people can afford a car and thus more jobs loss as demand for cars lessens now with the hike in price.
So Jess... what about lives being lost? What is the easiest way to make a car get better gas mileage? Its simple... make the car weigh less. Use more lighter materials and not the strong metals that make a car more sturdy and thus safer. More plastic that will crush more easily and lead to more deaths on the highway when accidents happen. It is a sad truth that in order for us to stop global warming in which many scientist doubt, and even more scientist who believe in global warming but believe the effects of it are far less harmful than what many environmentalist want us to believe, lives have to be ruined and worse- lost.
http://www.msnbc.msn.com/id/30810514/wid=18298287
What most of us do not understand is that cost must be accounted for in any decision we make in life no matter how small a decision. The cost: To get cars that kind of gas mileage will cost businesses money to invest into technology that people do not want. This means less money spent on making cars that people want which means less cars being made and fewer jobs open to people in the car making business. Further, the cost of each car will go up as more money is needed to invest into research for this huge hike in gas mileage. Fewer people can afford a car and thus more jobs loss as demand for cars lessens now with the hike in price.
So Jess... what about lives being lost? What is the easiest way to make a car get better gas mileage? Its simple... make the car weigh less. Use more lighter materials and not the strong metals that make a car more sturdy and thus safer. More plastic that will crush more easily and lead to more deaths on the highway when accidents happen. It is a sad truth that in order for us to stop global warming in which many scientist doubt, and even more scientist who believe in global warming but believe the effects of it are far less harmful than what many environmentalist want us to believe, lives have to be ruined and worse- lost.
Tuesday, May 12, 2009
The Inside story of Outside the Lines
I like the ESPN show "Outside The Lines". This past week they ran a good special on the Preakness (second biggest horse race of the year), held at PIMLICO track in Maryland. There was a part of this story though that bothered me that no one talks about. Remember when it was embarrassing for young girls and boys to talk about sex. Well it has so been justified that you are made fun of if you don't openly discuss it in eighth grade. Well the same is true for the size of government. Today when Outside the Lines does a special story about government takeover of private property no one blinks an eye.
PIMLICO is a privately owned race track that is not making money unless it is hosting that one race a year- The Preakness. The track is believed to be too big and out of date. There are now potential buyers of this track who want to buy it but use it for something else. Maybe something that makes money and provides a desired service to the area. However, the state of Maryland would not allow this to happen because of tradition. Somehow the memory of the Baltimore Colts leaving Maryland had an impact on the decision. So government should now have the right to take property because of tradition even if it is an out of business tradition? Traditionally Milk men brought milk to our houses. Should government not allow grocery stores to sell milk because of that tradition? Our founding fathers played the wonderful sport of Cricket. Should we not allow new sports like Baseball, football, and basketball to come about because people might find them more interesting than cricket?
Look it sounds small to most of you. Many of you might even agree with the decision. But if thousands, tens of thousands, hundreds of thousands, millions of people are not desiring to go watch horse racing at the track that hosts the Preakness, why should they be forced to pay for it simply because once a year that one race gets a lot of attention that the local government likes. It is sad that our government can do things that only communist and socialist governments did in the past while claiming that our economy is still built around capitalism. I'm tired of government ruling our lives I wish there were many millions of others that felt the same way.
PIMLICO is a privately owned race track that is not making money unless it is hosting that one race a year- The Preakness. The track is believed to be too big and out of date. There are now potential buyers of this track who want to buy it but use it for something else. Maybe something that makes money and provides a desired service to the area. However, the state of Maryland would not allow this to happen because of tradition. Somehow the memory of the Baltimore Colts leaving Maryland had an impact on the decision. So government should now have the right to take property because of tradition even if it is an out of business tradition? Traditionally Milk men brought milk to our houses. Should government not allow grocery stores to sell milk because of that tradition? Our founding fathers played the wonderful sport of Cricket. Should we not allow new sports like Baseball, football, and basketball to come about because people might find them more interesting than cricket?
Look it sounds small to most of you. Many of you might even agree with the decision. But if thousands, tens of thousands, hundreds of thousands, millions of people are not desiring to go watch horse racing at the track that hosts the Preakness, why should they be forced to pay for it simply because once a year that one race gets a lot of attention that the local government likes. It is sad that our government can do things that only communist and socialist governments did in the past while claiming that our economy is still built around capitalism. I'm tired of government ruling our lives I wish there were many millions of others that felt the same way.
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