The Apple of Capitalism

From TIME Magazine Online:

“Mama,” my young son informed me yesterday, “I know how you can sneak an explosive onto an airplane.”
It was the kind of overconfident declarative that makes a parent sit up and take notice. I did both. “You put it in the front of your underwear,” continued Aviv, who turns 8 this week, “because they don’t touch you there.”

Out of the mouth of Babes! 🙂

Hey Janet, time for a bit more Sexual Molestation. Go for the Full MONTY!

If an 8 year old can figure it out then surely you can. 🙂

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Michael Ramirez Cartoon

On those rare occasions when it’s not demonizing businesses as bastions of corporate greed, the White House and all its supporting players spend their time pondering why U.S. businesses, with mountains of cash, won’t use at least some of it to hire workers. A mere 900,000 jobs were created in 2010, while U.S. companies sat on $1.1 trillion in cash.

Last week, President Obama went so far as to meet with 20 CEOs for several hours over this, “asking the attendees to dialogue with him on a shared agenda focused on moving our economy forward,” according to a White House statement.

We don’t have any inside lines as to what was said, but news is trickling out the Obama administration is starting to think about doing something big to end the jobs drought in the U.S.

The something big would be to lower the U.S. corporate tax, which at 35%, stands as the second-highest in the developed world. President Obama only told NPR that he discussed “simplifying the system, hopefully lowering rates, broadening the base.”

If so, and if there are no accompanying sleights of hand to extract cash from businesses some other way, as some reports have it, it’s good news. Nothing inhibits the creation of U.S. jobs quite like high corporate taxes and their accompanying regulatory regime.

The fact is, companies sitting on cash aren’t doing nothing. They’re hiring overseas, creating 1.4 million jobs in 2010 alone, according to the Competitive Enterprise Institute.

That’s not because they prefer foreigners to Americans, but because the bad business climate here pushes them to do so.

High Corporate Taxes. ObamaCare. Financial Regulations to choke you to death.And Unions who want to destroy you rather than work with you.

Yeah, sign me up.

The rest of the world is a vastly different place from Obama’s U.S., which is characterized by high taxes and protectionist set-asides for politically connected unions that shut out free trade.

In places like Indonesia, Singapore, Taiwan, India and Thailand, nobody demonizes business or blasts trade. Instead great efforts are made by the state and the private sector to draw in foreign investment by becoming more competitive than their rivals.

U.S. multinationals go to these places not because labor is cheap but because these policies also create boomtowns with lots of customers. Incredibly enough, sometimes overseas profits and jobs provide a lifeline for troubled U.S. companies back home. Take GM — today, its Brazil and Korea operations help keep it afloat.

Growth in the 8% to 9% range is typical in Asia. But even in other pro-business areas — like the city of Lyon, France, or the manufacturing mecca of Tijuana, Mexico — governments are going out of their way to attract U.S. investment.

In Tijuana’s case, they’ve succeeding despite an ugly drug war.

While high-tax, high-bureaucrat suburbs around Los Angeles draw investment from hot sauce factories and hire unskilled workers, Mexico is drawing aerospace manufacturers and hiring engineers. Colombia, Chile, Brazil, Qatar and even the Republic of Congo are pulling them in, too.

Why? So long as profits are encouraged instead of taxed, the natural outcome is jobs. It’s that simple. They get it. Why don’t we?

Salon magazine noted that as companies shift their hiring overseas, the 1.4 million jobs created there could have, if they were created here, lowered the unemployment rate to 8.9% from 9.8%.

It’s not for nothing that the rescuers of Chile’s trapped miners this year knew the names of all the specialized American manufacturers to call for help. These companies had already been working in Chile because the government made it worth it to do so.

If small, remote countries like Chile can create opportunities for U.S. companies to invest and and hire workers, why can’t we? (IBD)

Because liberals heart-and-soul need for class warfare overrides reason and intellect so they go for the “rich” and for the “greedy” businessman and then wonder why they aren’t just rolling over and playing kissy-kissy with them back.

But there are rumors that Obama may lower the Corporate Tax (the 2nd highest in the world) to stimulate jobs because he is now running for re-election.

But I’m sure the the Left will have a major coronary and hissy-fit if he does. So it will probably be loaded down with Agenda Pork and go nowhere if he even has the guts to propose it.

But the Class Warfare of Business vs “worker” is at the heart of Liberalism so they can’t just forgive one of their fundamental beliefs and fundamental political strategies.

Nothing is easier for politicians than to play Santa Claus by promising benefits without mentioning the costs — or lying about the costs and leaving it to future governments to figure out what to do when the money runs out.

Or demonizing business then simultaneously turning around two-faced and demonize them for not wanting to do business with them.

It’s all politics. And it’s all for the benefit of the politicians and their “base”.

No one else.

Liberals never tire of discussing their own generosity, particularly when demanding that the government take your money by force to fund shiftless government employees overseeing counterproductive government programs.

They seem to have replaced “God” with “Government” in scriptural phrases such as “love the Lord your God with all your heart, and with all your soul, and with all your mind.” (Matthew 22:37)–Ann Coulter

And Business, to Liberals, is the snake in the Garden of Eden, tempting you to ruin with the Apple of Capitalism!

You must Resist the Temptation! 🙂

Political Cartoon

Political Cartoon

Political Cartoon

The Swamp Monsters Strike Again

Remember when Soon-To-Be Ex Speaker Pelosi promised to “drain the swamp” of corruption and I cynically said that all that meant was she wanted to fill it up again with Democrat corruption?

Well, here are the latest alligators to add to the swamp.

Alligator #1: General Electric, owner of NBC (for now), with a CEO who is on a Board of Economic Advisors (with the AFL-CIO Union Boss and others) to the President.

Alligator #2: Government Motors (GM), bailed out by taxpayers.  Given millions of the money to the Union and to develop “green” technology. The purveyors of the “green” wonder the Chevy Volt- The pseudo “all electric” car.

They are having a love child called Corruption. 🙂

It works like this: GE has promised to buy $500 Million dollars of  Chevy Volts from GM, thus raising the sales figures for this “hot new car”.

17% of GM is owned by the UAW now because the government that took them over said so, a union fused at the hip of the Democrat party since before I was born. So a little payback will undoubtedly leak back to Obama for his 2012 re-election campaign.

Just like there cousin the August bailout of Teacher’s Unions.

Then GE is granted a $2 BILLION contract while Obama is in India for airplane engines.

Plus GE is going to be at the forefront of the “green” light bulbs that will be mandatory in a few years because the incandescent light bulb will be banned.

So you buy $500 Million dollars of electric cars, get $2 Billion in airplane sales. And Obama gets a union kickback in the process.

Sweet.

But don’t worry, Liberals and Democrats are anti-Big Business. They hate Corporate America. The greedy, capitalistic pigs!

I have come to the conclusion that they hate just hate Corporate America that doesn’t kickback ,or cowtow to THEM, or they have a Union that votes and supports them.

Those are good Businesses.

After all, Obama did bailout  GM to save the UAW not to save GM.

The Stimulus was designed to save state workers’ pension funds or at least delay the inevitable. Those were the jobs worth saving and creating. 🙂

Unions are good.Government Unions are great.

“Green” Jobs are the best. (Both kinds of green, by the way) 🙂

So what if it’s corrupt. So what if it’s quid pro quo.

Kickbacks are good if you’re a Democrat.

As long as you’re the beneficiary. Otherwise, it’s just corrupt. 🙂

What to see it: http://www.foxbusiness.com/on-air/follow-money/index.html#/v/4417259/coulter-on-government-corruption/?playlist_id=158277

At least they aren’t Republicans, because that would be bad. 🙂

So corruption is good as long as you benefit and you can control it.

Now that’s “draining the swamp”.

And “rich” people are good as long as they are liberals, Like George Soros.

And “big business” is ok as long as they kick it it back to the Democrats,like GE.

And Unions are always much better than non-unions because of their overwhelming support for Democrats.

And Government Unions are the best, because they are dependent on the government for their jobs so they are loyal to a fault and will vote for self-preservation no matter what.

So corruption is good for Liberals, as long as they control them.

Isn’t that special! 🙂

Meanwhile, your average joe schmo who works in the private sector and pays taxes is a “moron”, and “idiot”, a “domestic terrorist”, a “racist”, “stupid” if they object.

Fascinating…