Thursday, December 11, 2008

President Joe Biden

Whenever someone tells me, “move along, nothing to see here” I get suspicious. So, with the news media, the Obama camp and legal beagles coming out of the woodwork to emphasize the seven degrees of separation between Governor Rod Blagojevich and Barack Yo’ Mama, my spidy senses start twitching.
Living in Illinois I can attest to this; we’ve known for years what the rest of the country is only now finding out, our governor has treated the electorate of this state much like a baby treats a diaper. The citizenry of the state saw this coming. We had only hoped the arrest of this rube to be more akin to Rodney King than Scooter Libby; maybe next time.


Though expected, there are aspects of this case that seem to make little or no sense. First, leaks don’t come out of the U.S. attorneys’ office in Chicago. It just doesn’t happen. Say what you will about Patrick Fitzgerald, “and I’ve said a lot” he runs a tight ship and suffers not fools. Yet, as soon as the ink was dry on federal warrants to wiretap governor “hairball”, the Chicago Tribune had the story and prepared to run it. Fitzgerald got them to hold the story until one week before the arrest. Meaning, the leak had to have come from the FBI, who, by the way, will have none other than Barry-O appointing a new director in a few weeks.
Coincidentally, Valerie Jarrett, Barry’s choice to replace him, withdrew her name from consideration just as the Chicago Tribune printed the story revealing governor Rod had become an audiophile. Why did she suddenly stop wanting to be a United States senator with all of the accompanying graft? Hmmm….


Another thing; I’m not for one second buying this altruism defense of Elliot Ness in shutting down this investigation when he did so. It’s beginning to look like Pat was more afraid of whom he might catch in his net than the bass he’d already boated. It’s lunacy to shut down an investigation before the actual crime being investigated is committed.


In legal terms all we have here is intent and possibly a conspiracy. For binding legal precepts, “what is needed” is an offer, acceptance and consideration. This case represents only one of the three binds. A stated fear that the governor might actually commit the crime and appoint a senator is at best disingenuous. A legal remedy would have been available. Fitzgerald could have ridden in on his white horse, exposed the bribe along with the briber, tracked the exchange of compensation, slapped the cuffs on the perps and give us the perp walk we were denied. The Senate would have never allowed that senator in waiting to be seated and we could begin construction of the Illinois wing at the Federal penitentiary.


No, there’s something here that doesn’t pass the smell test. And, don’t even think this is the end of governor, “hot Rod”. He isn’t wired like that. You can bet he is setting in his office taking offers of large dough to keep his mouth shut. Why do you think the democratically controlled, Illinois house of representatives is balking at impeachment? You can bet your grannies homemade apple pie recipe that he has dirt on all the leadership. That’s just the way Illinois works.


Back to Obama; it’s well known around Chicago that federal investigators have been roaming the city and paying special attention to real estate brokers. In particular those involved with the sale of Hyde Park properties owned by one Anthony Rezko and Hussein Obama. Evidently Mr. Rezko has been very helpful in these endeavors. Perhaps now we’ll see just how, “law and order” Patrick Fitzgerald is. Can you say President Joe Biden?

Conservative Springfield 12 DEC 08

Monday, December 8, 2008

All We Have To Fear Is Government

The economy has gotten so bad, that even prostitutes are instituting a buy one get one free policy and getting in line for a government bailout. Come to think of it; the executives of the big three auto companies have a lot in common with these working girls. They’ll do any for money too. At least the working girls are providing a service in demand.
Now the states ‘hat in hand ’are joining the bailout line along with the RICHIE Richs’s of wall street, Tom, Dick and Harry, Insurance companies, credit card lenders, media outlets , Fannie, Freddie and Fonzie, major banks, and coming to a theater near you, drug dealers from the hood.

Look; here’s what you need to know………
This alphabet bailout has as much chance of working as Senator Robert Byrd has of forming a coherent thought, Not Bloody Likely!
Ignoring the equal protection clause our Federal government has taken upon itself the ordained responsibility of picking winners and losers. Those taxpayers working in factories owned by Nissan, Toyota, Honda and Kia located within our borders will be “through forced benevolence” counted upon to support the very companies they are competing against. Think of it this way; you make DVD’s for a living and are forced to subsidize your neighbor who produces VHS tapes and buys houses he can ill afford. After all; just add Mom, apple pie and Chevrolet; Then Ford, Chrysler and Citibank. It’s like Threes Company without Mr. Roper. All punch lines with no straight man or straight talk

“The Senate banking”, committee; along with the era of central planning” “socialist cabal, I.E. Ben Bernake, Henry Paulson ET. Al.” has taken upon them the mantle of but plug to the American economy, when what needed be is a fire hydrant enema of biblical proportions. The only arbitrator of success should be the market. {Emphasis Mine} Capitalism is simply the Freedom to engage in commerce.

Provided autonomy; markets work, capital seeks profit, production, equity and competence is rewarded. Conversely; Incompetence, government influence and irresponsible leverage is punished.
The business model of capitalism, “left to its own devices” cannot be improved upon or tweaked by government. Capitalism doesn’t pick winners or losers; it simply defines success and failure by rewarding one and punishing the other.

Enter GSE’s or “government sponsored entities”, also known as, “destructive economics”. This phenomenon began with Fannie and Freddie and has spread like a virus into our banking system, corporate America and soon to the big three. Ostensibly, GSE’s cannot fail as they are backed by the full faith and fortune of the government, our tax dollars. Taking failure off the table removes accountability and adulterates capitalism into socialism. Capitalism distributes wealth unequally; Socialism distributes poverty equally.

The government’s rationale for dog-piling itself into every nook and cranny of our economy is the dark and barren financial predictions of doom and gloom, the end of time. Obama claims to create two million jobs with his autocratic benevolence.

Back to destructive economics; I can create jobs in my home town by breaking every plate glass, storefront window in the downtown area. Glaziers would hire more employees, glass suppliers would boom and window installers would be taking whole hogs home instead of just the bacon. But, I have created those jobs by taking money out of pocket, “A” just to put it in pocket, “B”; destructive economics. This is government job creation in a nutshell.
It’s too dangerous a time in the yet un-written history of America for our benefactors in Washington to be fiddling while Main Street burns. Our economy is in deflation, a much more serious financial ill than its evil symbiotic twin; inflation. Deflations result in depressions; inflation is part and parcel to recessions. Deflation is simply too many goods and services chasing too few dollars. Inflation is too many dollars chasing too few goods and services. It’s fairly simple and doesn’t require a degree in higher math.

Here comes Uncle Sam, at a time when government should be seen and not heard. Treasury is loaning $trillions of dollars to banks who in turn are buying other banks and, “you guessed it” buying treasury bills. Think of it as the banks putting all of their money under the mattress.

What government can do? Frankly, we’d be money ahead just to pay congress to go on vacation for a couple of years. Anything they do, “short of nothing” will only exacerbate current financial woes and insure America suffers the great depression two.

As government jumps into our markets with both feet and takes warrants in our financial and industrial markets they reinforce investor’s fears. Literally $6 trillion dollars of investment equity remains sidelined in fear of competing with Uncle Sam and his striped, deep pockets.
For instance; will Toyota, Nissan, Honda, Kia, et al. continue to transplant factories into this country, knowing the united auto workers have access to the treasury of the United States?

Conversely; what investor would employ capital into General Motors knowing full well that common stock in GM® now takes a back seat to the federal government and 330 million Americans?

Though it isn’t represented in the text of our constitution, we are incessantly beat over the head with the liberal mantra, “separation of church and state”. For our union to survive I would postulate this; what we should abide is a separation of capitalism and government.
Conservative Springfield 09 DEC 08

Thursday, December 4, 2008

Soliais,

Republican Sen. Saxby Chambliss, fresh off his victory over challenger Jim Martin in the Georgia Senate runoff, told FOX News Wednesday that campaign trail appearances by Sarah Palin helped put him over the top.

Both candidates brought in heavy hitters to stump for them in the final days before the runoff.

Former President Bill Clinton and former Vice President Al Gore hit the stump for Martin. And a host of candidates from the GOP presidential primary, including GOP nominee John McCain, stumped for Chambliss.

"We had some great folks in. Obviously, you want to peak on the last day, and we had John McCain and Mike Huckabee and Governor Romney and Rudy Giuliani," Chambliss told FOX News.

But he said Palin, who showed up for rallies in Georgia on Monday, had the most impact

Monday, December 1, 2008

The Battle for the Republican Party

A recent poll confirms what we conservatives have known for some time; we want Sarah. This scares Republicans and Democrats alike; yet for diametrical different causes. The GOP fears Palin for what she is and represents. Governor Palin is a conservative, not a milquetoast, knee wobbly Republican with wetted finger always in the air. No, she is a dyed in the wool, self made giant killer. Just ask the Republican machine in Alaska. She not only took on the corrupt GOP machine in Alaska, she sent a lot of Republicans to jail. She doesn’t play ball, she doesn’t go along to get along. This scares the hell out of the RNC and is evident by the Republican senate majority leader in Juno. With a stroke of her pen the majority leader could have ended the senate investigation into, “trooper gate” faster than Obama can hide his birth certificate. She encouraged the investigation because she is still part of the dismantled Republican machine in Juno. And, she holds a grudge.
Conversely, Democrats fear Palin because in her they see Reagan. They see a confident, affable, straight talker that they know will resonate with the American people. This is why she must be destroyed; and, make no mistake; they will attempt to do so. Just as soon as the Obamagasm wears off.
For you conspiracy kooks out there who remain convinced that the CIA killed Kennedy and Sarah Palin hurt the McCain campaign it’s probably time to get off the smoke-able herbs and cactus flowers. I’m just saying.
To the time machine Mr. Wizard! {Back to August 2007} There was as much enthusiasm for John McCain in the Republican Party as there is for cold gruel in an orphanage. Let’s face it; McCain has the personality of cardboard. Oh, and there was that amnesty thing, the gang of fourteen, McCain Feingold, his opposition to tax cuts and a bad comb-over.
Palin on the ticket ensured he wouldn’t lose by double digits. If we are to be pragmatic we would admit this election was almost certain to sway Democrat. Americans were war weary, the economy tanked, the media swooned and Brittney shaved her head. Comparatively it’s somewhat of a miracle Obama didn’t win all fifty-seven states.
It’s probably too early to be putting up your Palin for President Yard signs, “at least wait until Obama is inaugurated” but a recent poll suggests she is the darling of the GOP and an ever omnipresent force in the political arena. We will see. What we know is this; there is a battle for the soul of the Republican Party. It’s the Christians and Lions all over again. Except this time the Lions are conservatives.
Conservative Springfield 02 DEC 08

Monday, November 24, 2008

I had a Dream

What’s more than obvious is this; when it comes to solving the financial meltdown, the inmates are running the asylum. It’s almost like high school kids are running the show and if the subject matter were not so serious it might be entertaining, to a degree. What we can ascertain is this truism; not one pencil pushing idiot in charge of this bailout has any idea what to do or when to do it. Perhaps we should have drafted doctors in this fiduciary endeavor as the first rule of medicine is, “do no harm”.
What the Federal Reserve, along with the treasury has done is to create a never ending line of corporate hobos, “tin can in hand” lined up around the block, waiting to get into the treasury soup kitchen. Though, it is fun to watch them grovel.

Look, as faithful readers you can attest to my humility and self deprecation. Can’t you? Still, having the solution to all life’s frailties and foibles, economic or otherwise, it is my moral imperative to shower knowledge upon those less synapsetic endowed.

Plus, this isn’t that hard. An economic collapse had to occur. True, the democrats shifted this bad boy into high gear with their, “oversight” of the evil twins; “Fannie and Freddie” yet, they only laid the inevitable on the American doormat. And, by the way, made millions doing it; thanks democrats. We owe you.

We’ve all heard of the rust belt, the diminishing industrial base, declining manufacturing. It’s really simple; we have driven industry out of this country. Blame the uncertain labor market, “unions”, the second highest corporate tax rates in the entire world, compliance regulations, environmental terrorists, college graduates whom aren’t smarter than a fifth grader wading into the labor pool, state tax rates, municipal tax rates, energy costs, health care costs, insurance costs, trial lawyers, OSHA, lazy employees and Miley Cirus. Gee, why wouldn’t a company want to do business here?

No, we have driven manufacturing out of this country and metamorphosed into a service economy, think dishwashers and waitresses. A full seventy percent of our GDP is based upon citizens purchasing goods and services that we don’t make here. We purchase products from India, China and Japan while borrowing the money to purchase these imports from India, China and Japan. These countries are loaning us the money to purchase their products thinking that someday we’ll be good for it. It’s the classic bend over and, “take the money” scheme.

It is untenable, unattainable, unsustainable, unprofitable and unwise. And, it can be repaired. Corporate taxes are merely a built in tax on consumerism. For the most part corporations build in that tax on their good or service, making American made products more expensive and unable to compete in the world marketplace. Combine the simple fact that we are the world’s largest consumers with the knowledge that companies want to make their products here, “shipping costs” it would seem that the square peg will fit in the round hole.

In the short term, government will have to do with less, a concept unknown to Washington proper. Were we to cut corporate taxes to, say…., zero, and cap capital gain tax at five percent, the entire industrial world would be beating down our door. Good jobs would ensue, the tax base would grow exponentially and the birds would again sing.
It is estimated that there is over $7 trillion dollars in offshore accounts waiting for opportunity. Ironically, that exact figure is what we have spent battling our economic woes. That surely worked out well; didn’t it? Still, Obama has one card; if he’ll play it.

Economist Christina Romer will be director his Council of Economic Advisors, which provides economic analysis and advice to the president. Christy is a supply sider; a brilliant economist and one tough broad. It makes me wonder how she finagled an appointment from the messiah. However, if his most merciful listens to this woman, “and ignores the advice of Larry Summers” the Conservative Springfield plan has a chance. Hey, we all know one thing; Obama knows as much about economics as Paris Hilton knows about wearing panties. He will have to rely on advisers. Frankly; I doubt Obama can do simple math.
Fair Points; Christina is also in favor of enforcing the up tick rule wherein short sellers can only dabble in markets with an upside, abolishing mark to market rules, naked shorts and whitey tighties.

So…….this could work. Provided Obama turns his back on the rabid left, slaps down the democratically controlled congress, snubs the press, ignores all but one of his economic advisers, puts Michelle back in the kitchen and gives up his political future. Also, he may have to take up smoking, again. Ah well, I guess I was dreaming.
Conservative Springfield 25 NOV 08

Wednesday, November 19, 2008

The Apocolypse

Gee Wally; though I am hesitant to say I told you so, I did. As the Dow races to 7000 my prophetic, prescient, almost clairvoyant predictions of an economic apocalypse are tragically coming to fruition. Yet, it will get much, much worse; trust me. The vaunted $700 billion, “shuck and jive” has been as effective in loosening credit markets as Al Gore has been at losing weight. He’s still a fat bastard and our financial markets are circling the bowl. Here’s what you need to know.

It’s too late to prop up our financial markets. The fire started by Democrat holdovers, flunkies and thieves in Fannie Mae and Freddie Mac has spread from our financials to industrials and even to internet advertising; ala Google’s dive today. Also note Yahoo is almost free and CBS is on life support at $5.00 a share. My point; every sector of our economy is in full nose dive.

Just for kicks, let’s quickly stroll down memory lane and examine the cause of this winter of our discontent. Democrat hacks at Fannie and Freddie used sex, lies and videotape to cook the books, receive millions in target bonus’s and got congress to look the other way by bribing Democrats in the senate, “when republicans were in charge” and by bribing a lot of Democrats when they were in charge. Who said public service doesn’t pay? As republicans and President Bush were ringing the bell and shouting fire, democrats and the media minimized the alarm while shouting, “Racists pigs”.

Fannie and Freddie currently hold $6 trillion dollars in toxic mortgages but, that doesn’t tell the whole story. Through the halls of these evil twins passed $50 trillion dollars in toxic mortgages. These mortgages were explicitly given to unqualified buyers, bundled together in hundreds of billions of dollar packages and securities were sold around the world with the collateral being these toxic, worthless mortgages. All the while, Democrats fiddled, as the world burned. As these mortgages defaulted, the securities backed by them became worthless. Companies holding these securities, overnight had seen their balance sheets lose trillions. The financial markets went into freefall. As the tsunami swept through the financials credit markets froze. Industries hadn’t the ability to short term borrow. Major stock indexes tanked; oil futures spiraled and even deflation of macro commodities ensued. It turned out to be an excrement sandwich. And, it’s only begun. It will get biblical; trust me, I have predicted this all.

As expected, Democrats will bail out the car companies, insuring that they will indeed fail. This will spike unemployment into double digits and continue the domino sequential falling of economic indicators. While deflation will headline on the world stage, briefly, our most merciful government, under the messiah, “Barry O” massive capital infusions into the economy will rush, “fresh of the printing presses” into the economy, causing inflation percentages of 1000 percent; minimum. Prime Fed rates will approach 25% in an effort to curb inflation. The housing market will be destroyed, along with the seven or eight hundred businesses’s relying on it.

A world wide depression will ensue. Yet, it will be a gradual decline; much like easing into a too hot bathtub. At the height of the second great depression America will have a 70% unemployment rate. Most workers, “still employed” will be employed by the government. There will be a 30% homeless rate and the end of western civilization will be at hand. In the first great depression America was much more rural, more self sufficient. Today we are more urban, more dependent on government, more hapless. We’ve lost that rugged individualism that our founders embodied and this nation was born with. We are spoiled, rich and sassy; unable to hunt, to fish, to grow our own food.
Still, pause and reflect if you will, for in every calamity there is a teachable moment. Perhaps, just perhaps, as the phoenix rises from the ashes, whenever that future time is, it will be ingrained into the American psyche and told around the campfires dotted across these fruited plains. Liberalism is not tenable, it never was.
Conservative Springfield 20 NOV 08

Monday, November 17, 2008

Whatever the problem; Democrats created it

If within America there still resided a responsible news media, just admitting to being a democrat would be enough to get you tarred, feathered and railroaded out of town. Such vitriol would inhabit the populace were the unvarnished truth ever be told, en masse. I can safely postulate this premise knowing full well that were the electorate ever dutifully informed as to the depth of treachery visited on this country by democrats much of the democratic leadership would be hanging in the town square.

Take the current auto crisis of the big three. General Motors, for instance, is paying pensions and healthcare costs for 879,000 retirees and medical insurance benefits for 1.2 million family members. By the way, these are exorbitant costs for non-productive persons. And, as the saying goes, “hey, GM made these deals”. It isn’t as simplistic as that. I’m certain everyone with ears has heard health benefits were ingrained during the great American depression. The myth goes; There was a severe shortage of money so…to attract employees many companies offered healthcare benefits to compliment meager salaries. You’ve heard that, right? Well Joseph Lunchbox you’ve been scammed. Companies did not offer healthcare to employees before the great depression and only did during the depression because of wage and price controls instituted by that well known socialist, Franklin Delano Roosevelt. Employer sponsored medical insurance was practically thrust upon business under Roosevelt and with it, immediately, healthcare costs began to rise exponentially.

Yet, FDR had help in bringing American car companies to the brink. Democrats’ favorite target has always been corporate USA. Thanks to forty years of a Democrat controlled legislature, corporations pay the second highest corporate taxes in the world. Corporate federal tax is 35%, average state tax is 5%, thanks to compliance laws and regulatory restrictions, corporations spend 10% of their budgets on compliance. That’s 50% cost before they sell even one widget. And, the great unwashed wonders why manufacturing jobs have left this country. They left because of the left.

Democrats have routinely painted Wal-Mart as evil, greedy capitalists. They have promised to bankrupt the coal industry. They have taken an oath to dismantle our nuclear energy plants. They have accepted Japans extraordinary tariffs on U.S. automobiles while allowing million of Japanese cars into this country, tariff free. FYI, I blame Bush for this too. I mean really, we can’t upset the Japanese; they finance a great deal of our out of control federal spending.

Democrats have promised to get us off oil within ten years, even though, there is no reasonable replacement. They have blocked drilling for our domestic oil supplies. They have blocked the exploration of natural gas. Democrats have abdicated patriotism in favor of losing the war on terror. They have perpetrated a global warming hoax upon their constituencies designed to make carbon a commodity and enrich General Electric who, by the way, owns NBC and MSNBC, to news outlets considered the media wing of the Democrat party. Democrats got us into Vietnam, it took a Republican to kick Charlie’s ass and get a cease fire. Only to have it abrogated by a Democrat congress and communist expansionism. Democrats gave us the war on poverty, a $6 trillion transfer of wealth that rewarded failure and punished success.

Democrats gave us Social Security, Medicare, Medicaid and a myriad of other social engineering behemoths that will soon bankrupt this nation. Democrats gave us the sub-prime lending program, Fannie Mae and Freddie Mac; this being the sole indicters of the current collapse of markets around the world and most probably the end of western civilization. Democrats gave us Bill Clinton, well known huckster, seller of technology to our enemies and stainer of dresses. It is the left that divided this country by encouraging Al, “I created the internet” Gore to steal the election of 2000. Democrats gave us political correctness, insuring a stifling of free speech. Where it’s legal, and “soon to be everywhere”, Democrats gave us gay marriage, abortion, sex education, bibles out of public classrooms and Rosie O’Donnell. Democrats gave us September 11, 2001 by not engaging an enemy that had vowed our destruction.

It was the Democrats who gave us affirmative action in an attempt to right one wrong with another wrong. It was the Democrats who gave us an Islamic theocracy in Iran by not supporting the Shah, whom by the way, was our ally. It was the Democrats who gave us Jimmy Carter, who gave us 70% obscene marginal tax rates, 12% inflation, double digit unemployment, gas lines and 21% mortgage interest rates. It is the Democrats constantly attempting to erode our second amendment rights. It is the Democrats adulterating our first amendment with the reinstatement of the, “fairness doctrine”.

Perhaps you see my prescient posit; if it’s broken, Democrats probably broke it. This is why I fear so much for this country, my country. For the American electorate to elect any Democrat to an office in stature above that of a common dog catcher gives me pause and great trepidation. A French philosopher once said, upon observing the experiment that was a collection of these United States, “it is a fine republic with a fatal flaw, once the people realize they can vote themselves treasure all will fail”. And, finally, Democrats have rewarded failure and bought a full forty percent of the electorate with handouts and treasure; proving, that not all Frenchmen are idiots, contrary to public perception.
Conservative Springfield 18 NOV 08