Michelle Malkin
Hey, you know what the beleaguered American economy could really use right now? More special-interest mandates imposed by the White House on employers and taxpayers. Team Obama is "Winning the Future" by strangling it in red, green and rainbow-colored tape.
In a hapless bid to mollify minority politicians and criminal flash mobs of jobless hooligans in their districts across the country, the White House last week issued an executive order "establishing a coordinated government-wide initiative to promote diversity and inclusion in the federal workforce." Apparently, as record numbers of people collect food stamps and unemployment benefits, what's really eating at them isn't their hopeless dependency. It's the skin color, national origin and gender breakdown of the Nanny State drones doling out their public benefits.
CONTINUED: http://www.jewishworldreview.com/michelle/malkin082411.php3
Showing posts with label econmy. Show all posts
Showing posts with label econmy. Show all posts
Thursday, August 25, 2011
Friday, January 14, 2011
Sun Journal Letter to the Editor
2011-01-13 10:12:26
A case study of a long-range three-phase plan beginning to come together:
Just before Christmas we saw the initial implementation of Phase II of the Soros plan toward his dream of creation of the “one world government” concept, that being to weaken the greatest armed forces the world has ever known starting with repeal of the “don’t ask, don't tell” policy.
Phase I, of course, heralded the beginning of the downfall of the greatest free market economy in the world.
Phase III we could tab as signaling the downfall of the greatest communication system in the world.
Other than armed invasion, control of any nation can occur only if three major events are created and implemented:
1. The economy must be destroyed to facilitate rebuilding in accordance with the proper doctrine.
2. The armed forces must be neutered to the point of ineffectiveness.
3. The communication system must be controlled.
A cursory look at the Hugo Chavez kingdom down south reflects a classic “real world” example of this three-phase action, which he accomplished with great finesse. Our oval office “plant” learned much from this case study as all three phases are now in process right here at home — under our very noses.
Only one obstacle remains to ensure the icing on the cake: his re-election in 2012. This would be virtually ensured by passage of the Immigration Reform Act and the ensuing millions of votes created by a mere stroke of his pen. His next pressing initiative — he must have them!
It must not be allowed to pass.
Are we smart enough to thwart this madness and save our country? Only a short two years remain.
CCTA Member, Carlton Melvin
Havelock, NC
© Copyright 2011 Freedom Communications. All Rights Reserved.
A case study of a long-range three-phase plan beginning to come together:
Just before Christmas we saw the initial implementation of Phase II of the Soros plan toward his dream of creation of the “one world government” concept, that being to weaken the greatest armed forces the world has ever known starting with repeal of the “don’t ask, don't tell” policy.
Phase I, of course, heralded the beginning of the downfall of the greatest free market economy in the world.
Phase III we could tab as signaling the downfall of the greatest communication system in the world.
Other than armed invasion, control of any nation can occur only if three major events are created and implemented:
1. The economy must be destroyed to facilitate rebuilding in accordance with the proper doctrine.
2. The armed forces must be neutered to the point of ineffectiveness.
3. The communication system must be controlled.
A cursory look at the Hugo Chavez kingdom down south reflects a classic “real world” example of this three-phase action, which he accomplished with great finesse. Our oval office “plant” learned much from this case study as all three phases are now in process right here at home — under our very noses.
Only one obstacle remains to ensure the icing on the cake: his re-election in 2012. This would be virtually ensured by passage of the Immigration Reform Act and the ensuing millions of votes created by a mere stroke of his pen. His next pressing initiative — he must have them!
It must not be allowed to pass.
Are we smart enough to thwart this madness and save our country? Only a short two years remain.
CCTA Member, Carlton Melvin
Havelock, NC
© Copyright 2011 Freedom Communications. All Rights Reserved.
Friday, January 7, 2011
Talk Back on Economics: Is Capitalism Evil?
The first in series of videos exploring the roots of economics, what works and what does not. This video explores the roots of capitalism and dispels the myth that capitalism is simply a tool to prey on the weak.
http://www.rightnetwork.com/episodes/860061657
http://www.rightnetwork.com/episodes/860061657
THE HERITAGE FOUNDATION
Morning Bell: Americans Are Fleeing Obama’s Crony Capitalist Economy
http://blog.heritage.org/2011/01/07/morning-bell-americans-are-fleeing-obamas-crony-capitalist-economy/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell
Today the Bureau of Labor and Statistics released its monthly jobs report showing that the U.S. economy added only 103,000 jobs this December. With the unemployment rate now at 9.4%, this marks the 20th month in a row that the unemployment has been over 9 percent, a post–World War II record. You are going to hear a lot of noise from the White House about how this drop from a 9.8% unemployment rate to 9.4% means the economy is in a strong recovery. This is false. The reality is that the only reason the unemployment rate dropped is because the U.S. labor force decreased by 434,000. More importantly 260,000 Americans dropped out of the labor force entirely. This means that the Obama economy is now driving Americans out of the labor force faster than it is bringing them.
This Tuesday, White House Press Secretary Robert Gibbs tweeted out: “General Motors Co.’s sales were up 21 percent in 2010 for its four core brands.” Which is some interesting spin. As The Truth About Cars points out, GM’s retail market share for all of their brands actually fell a full 1.8 percent in 2010. So why is the President’s closest communication aide doing PR for what is, supposedly, a privately owned car company?
Yes, the Obama Administration did sell off a majority stake of their ownership of GM this November (at a $10 billion loss to taxpayers), but that still leaves them owning about a 37 percent share in the company. In other words, our government is still part owner of a supposedly private car company. And that is not the only continuing link between bailed-out GM and the Obama Administration. The Obama czar who oversaw the GM bailout, Ron Bloom, was just named the new czar for all of manufacturing policy at the White House’s National Economic Council (NEC). So we can expect to see continued favoritism for GM and its bailed-out brothers from the entire Obama Administration.
The manufacturing industry is not the only sector of the economy where the Administration has installed a bailout revolving door. Over just the last two months, the Obama White House has sent budget director Peter Orszag to Citibank ($306 billion bailout), taken in Gene Sperling as NEC director from Goldman Sachs (beneficiary of the $173 billion AIG bailout), and added former Fannie Mae ($135 billion bailout so far) lobbyist and JPMorgan ($12 billion bailout) executive Bill Daley as President Barack Obama’s Chief of Staff. There is a phrase for an economy that is so dependent on close relationships between business people and government officials: crony capitalism. And it is strangling our economic recovery.
There is a better way. Instead of relying on bailouts, subsidies, tax loopholes, and regulations to pick and choose which politically connected firms succeed or fail, government should unleash entrepreneurs to create jobs through true free enterprise policies. Specifically, Congress should:
•Rescind unspent stimulus funds;
•Reform regulations—specifically repealing Section 404 of the Sarbanes–Oxley Act—to reduce unnecessary business costs;
•Remove barriers to domestic energy production;
•Suspend the job-killing Davis–Bacon Act and prohibit Project Labor Agreement requirements on federally funded construction projects;
•Conclude the pending free trade agreements with Colombia and Panama, as well as the recently announced agreement with South Korea; and
•Reduce taxes on foreign earnings to encourage companies to repatriate the profits to America.
According to James Sherk, Karen Campbell, and John Ligon of the Center for Data Analysis, adopting these measures increase real gross domestic product by an average of $56 billion a year between 2011 and 2020, reduce the national debt by $305 billion by 2020, and increase job growth by 305,000 a year between 2011 and 2020.
This past June, marking the first anniversary of the Obama Administration’s destruction of our nation’s bankruptcy code, Indiana Governor Mitch Daniels (R) warned: “The nation is not safe from crony capitalism. In the past year we’ve experienced the nationalization of the student loan industry and the passage of national health-care and financial-services regulation, each of which is rife with new opportunities for government favoritism and preferential handouts to favored corporations like Chrysler.” Our economy will never reach its full potential as long as the best way to succeed in business is to succeed in Washington.
© 2011, The Heritage Foundation
Conservative policy research since 1973
http://blog.heritage.org/2011/01/07/morning-bell-americans-are-fleeing-obamas-crony-capitalist-economy/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell
Today the Bureau of Labor and Statistics released its monthly jobs report showing that the U.S. economy added only 103,000 jobs this December. With the unemployment rate now at 9.4%, this marks the 20th month in a row that the unemployment has been over 9 percent, a post–World War II record. You are going to hear a lot of noise from the White House about how this drop from a 9.8% unemployment rate to 9.4% means the economy is in a strong recovery. This is false. The reality is that the only reason the unemployment rate dropped is because the U.S. labor force decreased by 434,000. More importantly 260,000 Americans dropped out of the labor force entirely. This means that the Obama economy is now driving Americans out of the labor force faster than it is bringing them.
This Tuesday, White House Press Secretary Robert Gibbs tweeted out: “General Motors Co.’s sales were up 21 percent in 2010 for its four core brands.” Which is some interesting spin. As The Truth About Cars points out, GM’s retail market share for all of their brands actually fell a full 1.8 percent in 2010. So why is the President’s closest communication aide doing PR for what is, supposedly, a privately owned car company?
Yes, the Obama Administration did sell off a majority stake of their ownership of GM this November (at a $10 billion loss to taxpayers), but that still leaves them owning about a 37 percent share in the company. In other words, our government is still part owner of a supposedly private car company. And that is not the only continuing link between bailed-out GM and the Obama Administration. The Obama czar who oversaw the GM bailout, Ron Bloom, was just named the new czar for all of manufacturing policy at the White House’s National Economic Council (NEC). So we can expect to see continued favoritism for GM and its bailed-out brothers from the entire Obama Administration.
The manufacturing industry is not the only sector of the economy where the Administration has installed a bailout revolving door. Over just the last two months, the Obama White House has sent budget director Peter Orszag to Citibank ($306 billion bailout), taken in Gene Sperling as NEC director from Goldman Sachs (beneficiary of the $173 billion AIG bailout), and added former Fannie Mae ($135 billion bailout so far) lobbyist and JPMorgan ($12 billion bailout) executive Bill Daley as President Barack Obama’s Chief of Staff. There is a phrase for an economy that is so dependent on close relationships between business people and government officials: crony capitalism. And it is strangling our economic recovery.
There is a better way. Instead of relying on bailouts, subsidies, tax loopholes, and regulations to pick and choose which politically connected firms succeed or fail, government should unleash entrepreneurs to create jobs through true free enterprise policies. Specifically, Congress should:
•Rescind unspent stimulus funds;
•Reform regulations—specifically repealing Section 404 of the Sarbanes–Oxley Act—to reduce unnecessary business costs;
•Remove barriers to domestic energy production;
•Suspend the job-killing Davis–Bacon Act and prohibit Project Labor Agreement requirements on federally funded construction projects;
•Conclude the pending free trade agreements with Colombia and Panama, as well as the recently announced agreement with South Korea; and
•Reduce taxes on foreign earnings to encourage companies to repatriate the profits to America.
According to James Sherk, Karen Campbell, and John Ligon of the Center for Data Analysis, adopting these measures increase real gross domestic product by an average of $56 billion a year between 2011 and 2020, reduce the national debt by $305 billion by 2020, and increase job growth by 305,000 a year between 2011 and 2020.
This past June, marking the first anniversary of the Obama Administration’s destruction of our nation’s bankruptcy code, Indiana Governor Mitch Daniels (R) warned: “The nation is not safe from crony capitalism. In the past year we’ve experienced the nationalization of the student loan industry and the passage of national health-care and financial-services regulation, each of which is rife with new opportunities for government favoritism and preferential handouts to favored corporations like Chrysler.” Our economy will never reach its full potential as long as the best way to succeed in business is to succeed in Washington.
© 2011, The Heritage Foundation
Conservative policy research since 1973
Tuesday, November 9, 2010
Tuesday, October 19, 2010
Chuck Norris
8 Steps To Rebuild America's Economy (Part 3)
The White House's wish almost came true last week. It was hoping most of us and even the mainstream media would miss the release of the Congressional Budget Office's preliminary report on the 2010 federal fiscal year. And most did.
The Wall Street Journal, however, exposed why the White House was being so secretive about its results: The CBO concluded that federal government spending has skyrocketed 21.4 percent in just the past two years since President Barack Obama took office!
The White House's actions remind me of President Ronald Reagan's words: "We could say they spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair because the sailors are spending their own money."
It's no new revelation that Washington has lost its way from our Founders' vision and fiscal frugality. But in the past two years, it has become a financial runaway train. And it is only we the people who can save it from completely derailing our country and all of us on board.
Last week, I discussed the first five steps to regain control of Washington's insane spending and rebuild America's economy. Though I encourage readers who didn't read it to do so to get the details, I will summarize the first five points before I move on to the last three.
First, Washington should immediately stop any thought, form or legislation that would lead to more federal borrowing or bailouts -- no exceptions.
Second, Washington should downsize the federal government by enacting tough spending caps and making across-the-board mandatory 10 percent cuts -- no exceptions.
Third, Washington should immediately revise the 2011 federal budget to align with those priority reductions and eliminate absolutely all earmarks -- no exceptions.
Fourth, Washington should engage in only non-debt-building actions and legislation that would immediately encourage Main Street and augment entrepreneurial incentives, including a commitment to never increase taxes for anyone for any reason but cut more taxes, which would provide immediate relief and increase revenues for everyone.
Fifth, Washington should discuss ways to encourage and equip interstate commerce and more collaboration among neighboring states, counties and communities -- to brainstorm their own solutions to increase revenue and productivity in their own regions.
Sixth, we the people should hold Washington representatives accountable to our Founders' fiscal prudence and federal frugalities, both by our vote and their passing and living under a constitutional amendment for a balanced federal budget, which would require them to live within their means. A balanced budget amendment also would cut up big daddy's credit card in Washington with its unlimited credit limit.
Seventh, because we the people need to ensure our future economic stability and growth, we should seek to elect (or re-elect) only fiscally sound representatives who show proof of fiscal discipline, demonstrate a pay-as-you-go lifestyle and leadership, refuse under all circumstances to increase our national deficit and debts, disdain special interests, commit to live under a constitutional amendment for a balanced budget, understand how to grow jobs and the economy, and are willing to make the most difficult economic decisions.
We need to elect only leaders who would slash government spending and refuse to pay for programs that we cannot afford. We all must fight (once and for all) to elect fiscally prudent politicians like our Founders, those like Thomas Jefferson, who brought down the national deficit even though he made the Louisiana Purchase and engaged the U.S. in a war with Tripoli.
Jefferson's warning about government debt and taxes is more apropos now than ever before: "To preserve (the) independence (of the people), we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers."
This brings me to my eighth critical step in reining in and controlling the federal government's spending and rebuilding America's economy. We must return to a pay-as-you-go government and nation. It's our last resort for an out-of-control economy and government. As Jefferson once said, "the maxim of buying nothing but what we had money in our pockets to pay for (is) a maxim which, of all others, lays the broadest foundation for happiness."
Friends, it's not too late, but the window is closing fast. We likely have one more chance to drop our partisan divides and elect only those who would be strict constitutionalists and preservers of our Founders' vision, principles and fiscal prudence, before the American economy and government collapse.
It is the last hour before the election, and we patriots need to reawaken our friends and neighbors to vote, as I called on Americans to do in my recent comical production "Trigger The Vote."
For a voter guide detailing where candidates in your state stand on issues and the pros and cons of key propositions, go to http://www.christianvoterguide.com./
Most of all, we patriots need to fight with all our might to ensure the election on Nov. 2 of those across this land who firmly believe, as Reagan did, that "government is not the solution to our problem; government is the problem."
(I also encourage everyone to check out the trailers to two new patriotic films playing near you, "I Want Your Money" and "Battle for America.")
http://townhall.com/columnists/ChuckNorris/2010/10/19/8_steps_to_rebuild_americas_economy_part_3/page/2
The White House's wish almost came true last week. It was hoping most of us and even the mainstream media would miss the release of the Congressional Budget Office's preliminary report on the 2010 federal fiscal year. And most did.
The Wall Street Journal, however, exposed why the White House was being so secretive about its results: The CBO concluded that federal government spending has skyrocketed 21.4 percent in just the past two years since President Barack Obama took office!
The White House's actions remind me of President Ronald Reagan's words: "We could say they spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair because the sailors are spending their own money."
It's no new revelation that Washington has lost its way from our Founders' vision and fiscal frugality. But in the past two years, it has become a financial runaway train. And it is only we the people who can save it from completely derailing our country and all of us on board.
Last week, I discussed the first five steps to regain control of Washington's insane spending and rebuild America's economy. Though I encourage readers who didn't read it to do so to get the details, I will summarize the first five points before I move on to the last three.
First, Washington should immediately stop any thought, form or legislation that would lead to more federal borrowing or bailouts -- no exceptions.
Second, Washington should downsize the federal government by enacting tough spending caps and making across-the-board mandatory 10 percent cuts -- no exceptions.
Third, Washington should immediately revise the 2011 federal budget to align with those priority reductions and eliminate absolutely all earmarks -- no exceptions.
Fourth, Washington should engage in only non-debt-building actions and legislation that would immediately encourage Main Street and augment entrepreneurial incentives, including a commitment to never increase taxes for anyone for any reason but cut more taxes, which would provide immediate relief and increase revenues for everyone.
Fifth, Washington should discuss ways to encourage and equip interstate commerce and more collaboration among neighboring states, counties and communities -- to brainstorm their own solutions to increase revenue and productivity in their own regions.
Sixth, we the people should hold Washington representatives accountable to our Founders' fiscal prudence and federal frugalities, both by our vote and their passing and living under a constitutional amendment for a balanced federal budget, which would require them to live within their means. A balanced budget amendment also would cut up big daddy's credit card in Washington with its unlimited credit limit.
Seventh, because we the people need to ensure our future economic stability and growth, we should seek to elect (or re-elect) only fiscally sound representatives who show proof of fiscal discipline, demonstrate a pay-as-you-go lifestyle and leadership, refuse under all circumstances to increase our national deficit and debts, disdain special interests, commit to live under a constitutional amendment for a balanced budget, understand how to grow jobs and the economy, and are willing to make the most difficult economic decisions.
We need to elect only leaders who would slash government spending and refuse to pay for programs that we cannot afford. We all must fight (once and for all) to elect fiscally prudent politicians like our Founders, those like Thomas Jefferson, who brought down the national deficit even though he made the Louisiana Purchase and engaged the U.S. in a war with Tripoli.
Jefferson's warning about government debt and taxes is more apropos now than ever before: "To preserve (the) independence (of the people), we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers."
This brings me to my eighth critical step in reining in and controlling the federal government's spending and rebuilding America's economy. We must return to a pay-as-you-go government and nation. It's our last resort for an out-of-control economy and government. As Jefferson once said, "the maxim of buying nothing but what we had money in our pockets to pay for (is) a maxim which, of all others, lays the broadest foundation for happiness."
Friends, it's not too late, but the window is closing fast. We likely have one more chance to drop our partisan divides and elect only those who would be strict constitutionalists and preservers of our Founders' vision, principles and fiscal prudence, before the American economy and government collapse.
It is the last hour before the election, and we patriots need to reawaken our friends and neighbors to vote, as I called on Americans to do in my recent comical production "Trigger The Vote."
For a voter guide detailing where candidates in your state stand on issues and the pros and cons of key propositions, go to http://www.christianvoterguide.com./
Most of all, we patriots need to fight with all our might to ensure the election on Nov. 2 of those across this land who firmly believe, as Reagan did, that "government is not the solution to our problem; government is the problem."
(I also encourage everyone to check out the trailers to two new patriotic films playing near you, "I Want Your Money" and "Battle for America.")
http://townhall.com/columnists/ChuckNorris/2010/10/19/8_steps_to_rebuild_americas_economy_part_3/page/2
Monday, August 30, 2010
Star Parker
More Government to Protect Us From Ourselves
http://townhall.com/columnists/StarParker/2010/08/30/more_government_to_protect_us_from_ourselves
http://townhall.com/columnists/StarParker/2010/08/30/more_government_to_protect_us_from_ourselves
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