Going Up

Being a “bigot” by Leftist lack of standards pays off.

A fundraiser for the owners of an Indiana pizzeria that became the target of widespread animosity after they said they wouldn’t cater a same-sex wedding reception has collected more than $828,000 from anonymous donors.

Grand total of $842,387 in 2 days.

A GoFundMe page started by a producer from The Blaze, a conservative news network founded by Glenn Beck, has drawn more than 28,500 donors.

“The intent was to help the family stave off the burdensome cost of having the media parked out front, activists tearing them down, and no customers coming in. Our goal was simply to help take one thing off this family’s plate as the strangers sought to destroy them,” wrote Lawrence Jones, a producer who works for Blaze personality Dana Loesch. “But other strangers came to the rescue and the total just keeps going up.”

But since the state Legislature caved and gutted the law anyhow it appears the all-out nuclear bombardment by the “tolerant” and  “compassionate” Left has ended.

They have moved on to other targets.

**************

But they aren’t they only things going up…

The number of Americans 16 years and older who did not participate in the labor force–meaning they neither had a job nor actively sought one in the last four weeks–rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor Statistics.

That is the first time the number of Americans out of the labor force has exceeded 93 million.

Also from February to March, the labor force participation rate dropped from 62.8 percent to 62.7 percent, matching a 37-year low.

Five times in the last twelve months, the participation rate has been as low as 62.8 percent; but March’s 62.7 percent, which matches the participation rate seen in September and December of 2014, is the lowest since February of 1978.

A record 12,202,000 black people were not in the labor force in March, as the participation rate for this group declined over the month to 61.0 percent, according to data released from the Bureau of Labor Statistics (BLS).

According to the BLS, the more than 12 million black people not in the labor force in March means that they did not have a job or actively seek one in the past four weeks. The number climbed from 12,122,000 in February to 12,202,000 in March, an increase of 80,000.

According to data released Friday by the Bureau of Labor Statistics, 56,131,000 million women were not in the labor force last month, an increase of more than 100,000 from February when 56,023,000 women were not in the workforce.

The level is a record high, and the labor force participation for the month of March at 56.6 percent is a 27-year low, according to CNS News. In February that rate for women was 56.7 percent.

But all you’re likely to here from the Left is that the unemployment rate was unchanged from last month at 5.5% because that’s as rosy as they can get.

Or you could be The New York Times: The yearlong streak of robust monthly job creation was broken on Friday with the Labor Department’s report that employers added just 126,000 workers in March, a marked slowdown in hiring that echoed earlier signs that sluggish business investment and punishing weather were exacting a toll on the economy.

Damn that Global Warming! 🙂

But at least the workers at McDonald’s are mad about getting a raise because it’s less than what they wanted. 🙂

Political Cartoons by Michael Ramirez
Political Cartoons by Gary Varvel
Political Cartoons by Nate Beeler
Political Cartoons by Robert Ariail
Political Cartoons by Larry Wright

The Play’s The Thing

The asinine ambitions of our know-it-all federal bureaucrats know no bounds. Really. No. Bounds.

A collection of bureaucrats at the National Science Foundation (NSF) used $700,000 of taxpayer money this spring to play out their Broadway fantasies by funding what they surely thought was a sure-fire hit play.

It would combine the prose of Al Gore with music that would elevate it above his usual drone that makes audiences want to stab their ears with pencils. And there would be dancing! Combine all that with actors who can make anything come alive, and audiences around the country will not only be entertained, but informed! We will change the world!

That’s the best pitch I can give this stinker — and probably close to the actual pitch the producers gave to the NSF. The actual result was a musical titled “The Great Immensity.”

And with a pretentious and sanctimonious title like that it must be good… 🙂

Shocker: It was an enormous flop. Via reporter Jessica Chasmar at one of my former employers, the Washington Times:

A taxpayer-funded musical on climate change is closing its curtains early amid a storm of criticism from reviewers and lawmakers.

“The Great Immensity,” produced by Brooklyn-based theater company The Civilians Inc. with a $700,000 grant from the National Science Foundation (NSF), has ended its run after reaching just 5 percent of its anticipated audience, Fox News reported.

The play also opened a year late and failed to produce a buzz once it did.

“Despite fine performances, the musical mystery tour is an uneasy mix of fact and credulity-stretching fiction. It’s neither flora nor fauna,” New York Daily News reviewer Joe Dziemianowicz wrote in a review at the time, Fox News reported. “[The] songs — whether about a doomed passenger pigeon or storm-wrecked towns — feel shoehorned in and not, pardon the pun, organic.”

The play’s description describes the itself as “a thrilling and timely production” with “a highly theatrical look into one of the most vital questions of our time: How can we change ourselves and our society in time to solve the enormous environmental challenges that confront us?”

“Even the best adventurers can wander off course, and the Civilians do so on a global scale in ‘The Great Immensity,’ ” read a review from Time Out New York. “The inventive troupe’s latest effort is all over the map. … It’s not easy preaching green.”

The play opened late. The play reached only five percent of its expected audience. It was terrible — so terrible even theater critics eager to give a hipster-Brooklyn production sending the “correct message” about the need to act on climate change couldn’t give it positive reviews. Good enough for government work, right? Read on.

The play ran for three weeks in New York in April before going on a national tour. It stalled out after a single production in Kansas City, Fox News reported.

Golly. What a surprise. When your big New York production hits the road, and then grinds to a halt after a single performance in Kansas City… well, even people like me with a very low threshold for “good enough for government work” are disappointed. But if you think the bureaucrats at the NSF are disappointed in their investment of your money in this stinker, think again.

The NSF said it is too soon to tell if the grant funds were wasted.

“This particular project just concluded in August, and the final report has not yet been submitted to NSF,” it said in a statement, Fox News reported. “Final reports are due to NSF within 90 days following expiration of the grant. The final report will contain information about project outcomes, impacts and other data.”

This is the state of the modern administrative state. An obvious failure cannot be called a failure. Give us a few more weeks and we’ll produce the documents to prove an obvious failure needs to be funded at triple the previous level to ensure even greater success!

Fire 75 percent of the federal bureaucracy. Today. Figure out who needs to be re-hired next week. (John Lakely)

Amen to that. Never happen. These are the same idiots who think when in debt spend even more or that the Stimulus didn’t work because we didn’t spend enough!

THE AGENDA IS THE AGENDA!!

 

But at least it’s not OIL!

Political Cartoons by Gary Varvel

“It’s the easiest thing in the world (to) make phony election-year promises about lower gas prices,” Obama said. “What’s harder is to make a serious, sustained commitment to tackle a problem that may not be solved in one year or one term or even one decade.”

It’s not my fault!! Don’t blame Me!

And Oil will never solve the problem so let’s concentrate on pie-in-sky, economically non-viable solutions instead! And when you call me on it I will use bogus statistics that “show” I’m not doing just that!!!

Unless you’re a Democrat and the President is a Republican, especially one named Bush, then it’s entirely their Fault!

So Obama trotted out yet another ANYTHING BUT OIL liberal “feel good” Enviro-whacko fantasy: The trio of proposals announced in Miami included a $30 million competition in natural gas technologies and a $14 million program to development algae-based fuel.(which is a minimum of 10 years away from even competing- see below- let alone replacing)

None of this crap is economically viable, but at least it’s not OIL! 🙂

“We’re making new investments in the development of gasoline, diesel ($4 a gallon here in Phoenix) , and jet fuel that’s actually made from a plant-like substance, algae — you’ve got a bunch of algae out here,” Obama said at the University of Miami today. “If we can figure out how to make energy out of that, we’ll be doing alright.

IF!!!!! Yeah and IF I could figure out how to win the Lottery and look like Hugh Jackman and retire as a multi-millionaire the world would be a better place! 🙂

So I think I’ll devote the rest of my life to making that happen and ignore reality. Fantasy is so much better and makes me “feel” so much better. 🙂

Believe it or not, we could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in America.”

IF it Works! IF it’s viable! IF it’s compatible! In 20-30 years and after trillions of dollars of Solyndras.

But at least it’s not OIL!

Obama did not say when he expected algae-based fuel to reach that level, but the federal government has a dodgy track record with respect to developing alternative vehicle fuels. Biodiesel, for example, accounted for less than 1 percent of the diesel fuel market as of 2008, according to the Energy Information Administration. And of course there’s ethanol — after four decades, tens of billions of dollars in subsidies, and draconian mandates that force it on unwilling consumers, ethanol was five percent of vehicle consumption (by volume) as of 2008. Although algae-to-gas is a very different idea, it is still in its early stages.

I did blogs about famines in other parts of the world because so much corn was being used up for the then-latest NOT OIL Liberal fantasy.

But it’s not Obama’s fault! Remember that. 🙂

Oil is what makes the world run, but Liberal hate it, so they’ll do everything they can to avoid it without appearing to do so because that’s bad politics.

Just remember, when you fill up your car and it cost $60,70,$80, $90, $100 to do it it’s The Republicans fault!! 🙂

Oil industry leaders reject Obama’s claim to have given significant support to oil production. “These have been the most difficult three years from a policy standpoint that I’ve ever seen in my career,” Bruce Vincent, president of Swift Energy, an oil and gas company in Houston, said yesterday. “They’ve done nothing but restrict access and delay permitting.”

The Ministry of Truth has a Lot of work to do! 🙂

The Washington Examiner’s Michael Barone argues that he hasn’t been consistent even on that front. “We’ve prohibited a pipeline, the safest way to transport oil, from Canada, but we’re aiding Mexico in offshore drilling, which is riskier, and by a firm that lacks the experience of the U.S. firms we have been trying to prevent drilling in the same body of water,” Barone wrote yesterday. “Does this make any sense at all?”

And we are subsidizing Brazil. It just so happens that Petrogas in Brazil is partially owned by Democrat Uber-contributor George Soros.

Nothing to see here. Except Cronyism. 🙂

Speaking of Crony Capitalism: Solyndra

Nearly two dozen employees of the solar panel maker that got a $535 million federal loan guarantee shortly before bankruptcy got $368,500 in bonuses Wednesday from a federal bankruptcy judge — in spite of the company failing to disclose it gave several of the raises of as much as 70% months earlier, after it went bankrupt.

The Washington Times noted a lawyer representing fired Solyndra workers has argued the company’s liquidation benefits few beyond Argonaut Ventures, part of a foundation run by Obama fundraiser George Kaiser.

Other Solyndras are coming to light, the latest being Sapphire Energy. Its pond-scum-based biofuel still costs over $26 a gallon, but that doesn’t matter when your executives give almost solely to Democrats.

The Washington Free Beacon reports that after $104.5 million in stimulus and other Energy and Agriculture Department funds for a New Mexico facility, it can boast just 36 new jobs. UC Berkeley’s Energy Biosciences Institute says it’ll take a decade before we know if algae-based fuel can compete with gas.

The Washington Post recently found “$3.9 billion in federal grants and financing flowed to 21 companies backed by firms with connections to five Obama administration staffers and advisers.”

Revelations of Obama’s green waste and corruption may have only just begun. (IBD)

The Great Obama Whoppers

IBD: The White House billed President Obama’s energy policy speech as a response to mounting criticism of record high gas prices. What he delivered was a grab bag of excuses and outright falsehoods.

Obama’s main message to struggling motorists was: It’s not my fault, so stop whining. The speech only got worse from there, recycling excuses and myths that Obama’s peddled for years. But there were some standout whoppers that deserve debunking. The five biggest:

“We’re focused on production.”

Fact: While production is up under Obama, this has nothing to do with his policies, but is the result of permits and private industry efforts that began long before Obama occupied the White House.

Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.

His administration also has been slow-walking permits in the Gulf of Mexico, approving far fewer while stretching out review times, according to the Greater New Orleans Gulf Permit Index. The Energy Dept. says Gulf oil output will be down 17% by the end of 2013, compared with the start of 2011. Swift Energy President Bruce Vincent is right to say Obama has “done nothing but restrict access and delay permitting.”

“The U.S. consumes more than a fifth of the world’s oil. But we only have 2% of the world’s oil reserves.”

Fact: Obama constantly refers to this statistic to buttress his claim that “we can’t drill our way to lower gas prices.” The argument goes that since the U.S. supply is limited, it won’t ever make a difference to world prices.

It’s bogus. New exploration and drilling technologies have uncovered vast amounts of recoverable oil.

In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to “fuel the present needs in the U.S. for around 250 years,” according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

“Because of the investments we’ve made, the use of clean, renewable energy in this country has nearly doubled.”

Fact: Production of renewable energy — biomass, wind, solar and the like — climbed just 12% between 2008 and 2011, according to the federal Energy Information Administration.

“We need to double-down on a clean energy industry that’s never been more promising.”

Fact: Renewable energy simply won’t play an important role in the country’s energy picture anytime soon, accounting for just 13% of U.S. energy production by 2035, according to the EIA.

“There are no short-term silver bullets when it comes to gas prices.”

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.

Obama said in his speech that Americans aren’t stupid. He’s right about that, which is why most are giving his energy policy a thumbs down.

So The Ministry of Truth has EVEN more work to do.

So don’t worry, Be Happy. Your grandkids will be free of OIL!

Possibly…Maybe…Probably Not…But it will make you feel good thinking it will happen.

Enjoy!

Michael Ramirez Cartoon

Political Cartoons by Lisa Benson

Political Cartoons by Chuck Asay

Occupy Hollywood

More Hope & Change: 🙂

Political Cartoons by Bob Gorrell

More hilarity for “99% er” Millionaire Michael Moore. Who seems to want some media attention more than anything else. Any publicity is good publicity.

Too bad he’s gone so Hollywood. Roger & Me is deeply cynical and hilarious. But we come from the same town and the movie was about the same time I was growing up there, so I understood the humor and the sarcasm. Then.

In Denver: Moore, ever the populist $50 millionposeur, did not disappoint. “Everybody is a leader!” he insisted. “Wage slaves! That’s right. You know, historians — I believe that’s what they’re going to call us. They’re going to call us all wage slaves!” (would that apply to the little people who work for a guy who has $50 Million Dollars like he does?)

When Michael Moore told Piers Morgan that he was not among the hated 1 percent, he wasn’t lying. That’s because with a net worth upwards of $50 million he’s among the top 0.1 percent.

This story appears in the Nov. 11 issue of The Hollywood Reporter.

One of the many things that bug me about the industry in which I work is the large population of phonies who claim to be liberal, caring, green and unaffected by their wealth and fame but in reality are just as self-centered and addicted to their huge, over-air-conditioned living spaces and private planes as those at whom they point their fingers. And none is more phony and finger-pointing than Michael Moore.

But it looks good. And in Hollywood, Perception IS reality. And in Democrat Politics Perception is the ONLY reality they want.

Moore seems to be everywhere of late, talking about the “occupy” movement and fashioning himself its spokesmodel. I saw him on CNBC blowing hard and receiving kid-gloves treatment from Carl Quintanilla. On Piers Morgan Tonight, Moore said, “How could I be in the 1 percent?” When Morgan made the statement that Moore is “worth millions,” Moore responded with “No, that’s not true.” He went on to justify that comment by saying, “Even though I do well, I don’t associate myself with those who do well.” Although Morgan started off a bit confrontational, he, like most other interviewers, backed down fast. In my opinion, a lot of important issues are being brought up by the “occupiers,” but overall, this protest would be better served if those speaking on its behalf were of cleaner hands and less hypocritical than Moore, who has suckled mightily at the teat of “those who do well.”

In 2005, the Weinstein Co. set up financing of about $500 million to fund production and distribution. The investment vehicle was created and syndicated by a little firm called Goldman Sachs. One of the films that was produced by TWC using funds from that investment was Moore’s documentary “Sicko”. Given the success of his previous film, Fahrenheit 9/11, which he made with Harvey and Bob Weinstein, Moore was able to command a terrific deal for himself.

For which he is suing The Weinsteins for  alleged “financial deception” and “bogus accounting methods” in their production deal.

Apparently, the “wage slave” feels he’s owed more $$$ millions. 🙂

By 2010, TWC had burned through the capital raised in the Goldman Sachs deal. Investors were forced to restructure their arrangement, meaning some suffered a devaluation of their investment. Goldman also lost some money it put in TWC, but it could handle the loss in part because it was a recipient of the government’s TARP bailout. Some unlucky investors might never get back the money they put into funding TWC.

Not unlike other bad investments set up by Goldman Sachs and others during this period, some people did make out quite well, while others, often lower on the food chain, suffered. One of those who did quite well using the TWC funds was Moore.

While I don’t know for sure what Moore received on his movie, given his previous success, it likely was several million dollars. Sicko, produced by TWC but released in 2007 by Lionsgate, did not perform as well as Fahrenheit, earning $36 million at the box office. But Celebritynetworth.com pegs Moore’s net worth at more than $50 million, and Moore is suing TWC for $2.7 million more in profits from Fahrenheit. (Reports at the time of the lawsuit said Moore already had received $19.8 million from TWC for that film alone.)

If Moore really wants to be seen as someone outside the circle of those he is protesting, it would be great if he would disclose how much he has made off his TWC-backed movies and why he was willing to associate himself with financing set up by Goldman Sachs. Further, journalists should start showing more backbone in testing the veracity of statements made by those who use the media to disseminate a holier-than-though message.

Never happen. They are too dishonest and in-the-tank for that to happen. There are virtually no actual journalists left, the vast majority are just Propagandists.

There are many reasons our country is in financial trouble, and some do relate to misdeeds by Wall Street executives. Calling attention to such misdeeds and issues of income inequality is a good thing. But the true fault of what put us in this situation resides with the government that gave leeway to those who contributed to political campaigns and provided jobs to those who ran between the various administrations and the private sector. Having a hypocrite blowing hard about groups of people in whose number he himself should be counted diminishes the impact and validity of the message.

Ah, who cares, he’s a Liberal, so we’ll give him a pass…

Political Cartoons by Gary Varvel

Now this made me laugh:

“I have made it to the big time. I’m on MSDNC…”

http://www.youtube.com/watch?feature=player_embedded&v=vitn50hI0OA

 

Same old, Same old

Political Cartoons by Chip Bok

After receiving the president’s jobs proposal politely after he unveiled it before Congress last week, Boehner and other Republicans grew notably more skeptical Monday once the White House announced plans to pay for the costly measure entirely with tax increases on the rich and corporations that the GOP has already rejected.

Yeah, that’ll make them want to create more jobs. So much for “tax cuts”. 🙂

The bulk of the payment comes from nearly $400 billion from limiting the deductions on charitable contributions and other items that wealthy people can take. There’s also $40 billion from closing oil and gas loopholes, $18 billion from hiking taxes on certain income made by fund managers, and $3 billion from changing the tax treatment of corporate jets.

Obama has said he’s asking the wealthy to pay their fair share, and he called on Congress to pass the bill without delay.

“The only thing that’s stopping it is politics,” Obama said Monday. “And we can’t afford these same political games. Not now.”

Yeah, just ignore HIS POLITICS!!! Just ignore HIS POLITICAL GAMES!

I know the Ministry of Truth Media will. They will be too busy Cheerleading.

“We remain eager to work together on ways to support job growth, but this proposal doesn’t appear to have been offered in that bipartisan spirit,” said Boehner spokesman Brendan Buck.

It’s the Democrats BY-Partisan bi-partisanship where you do everything they want and if you don’t then you’re just being a partisan. 🙂

Obama’s top campaign strategist, David Axelrod, said Tuesday that the White House wants Congress to act on the entire bill rather than approaching it piecemeal. “We’re not in a negotiation to break up the package,” he said on ABC’s “Good Morning America.” “It’s not an a la carte menu.”

It’s ALL or Nothing. Do it now or else!. That’s your bi-partisan, no games, no politics, STIMULUS Tax and Spend Package. (Did any mention cutting spending?- NOPE and neither will they…)

Rejoice!

And if you don’t agree, you’re a partisan extremist, racist “terrorist”. Now don’t you feel better? 🙂

The White House, which has gotten burned in the past by making overly optimistic job-creation predictions, has avoided estimating how many jobs the package would create. But in an interview Monday on NBC News, Obama embraced an estimate from an outside economist, Mark Zandi of Moody’s Analytics, and said the bill “could mean an additional 2 million jobs.”

So if they aren’t “saved of created” they didn’t say it. So don’t blame them when it falls flat and bombs spectacularly.

With 14 Million unemployed, he’s really shooting for greatness! Gee, didn’t they say that ObamaCare would create millions of Jobs AND lower the deficit…why yes, they did…

Of Course they’ll largely be short term jobs (just enough to get him to 2013 perhaps??) and union jobs (more slush money for his re-election).

But no Games. No Politics. No narcissism involved. 🙂

But if you don’t do EXACTLY as THEY SAY with NO DEVIATIONS you’re just a partisan who wants to hurt people and be an obstructionist! 🙂

Thomas Sowell: Are we to continue doing the same kinds of things that have failed again and again, just because Obama delivers clever words with style and energy?

Once we get past the glowing rhetoric, what is the president proposing? More spending! Only the words have changed — from “stimulus” to “jobs” and from “shovel-ready projects” to “jobs for construction workers.”

If government spending were the answer, we would by now have a booming economy with plenty of jobs, after all the record trillions of dollars that have been poured down a bottomless pit. Are we to keep on doing the same things, just because those things have been repackaged in different words?

Or just because Obama now assures us that “everything in this bill will be paid for”? This is the same man who told us that he could provide health insurance to millions more people without increasing the cost.

When it comes to specific proposals, President Obama repeats the same kinds of things that have marked his past policies — more government spending for the benefit of his political allies, the construction unions and the teachers’ unions, and “thousands of transportation projects.”

The fundamental fallacy in all of this is the notion that politicians can “grow the economy” by taking money out of the private sector and spending it wherever it is politically expedient to spend it — so long as they call spending “investment.”

Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy.

Arrogance is no substitute for experience. That is why the country is in the mess it is in now.

Obama says he wants “federal housing agencies” to “help more people refinance their mortgages.” What does that amount to in practice, except having the taxpayers be forced to bail out people who bought homes they could not afford?

No doubt that is good politics, but it is lousy economics. When people pay the price of their own mistakes, that is when there is the greatest pressure to correct those mistakes. But when taxpayers who had nothing to do with those mistakes are forced to pay the costs, that is when those and other mistakes can continue to flourish — and to mess up the economy.

Whatever his deficiencies in economics, Barack Obama is a master of politics — including the great political game of “Heads I win and tails you lose.”

Any policy that shows any sign of achieving its goals will of course be trumpeted across the land as a success. But, in the far more frequent cases where the policy fails or turns out to be counterproductive, the political response is: “Things would have been even worse without this policy.”

It’s heads I win and tails you lose.

Thus, when unemployment went up after the massive spending that was supposed to bring it down, we were told that unemployment would have been far worse if it had not been for that spending.

Are we really supposed to fall for ploys like this? The answer is clearly “yes,” as far as Obama and his allies in the media are concerned.

Our intelligence was insulted even further in President Obama’s speech to Congress, when he set up this straw man as what his critics believe — that “the only thing we can do to restore prosperity is just dismantle government, refund everybody’s money, and let everyone write their own rules, and tell everyone they’re on their own.”

Have you heard anybody in any part of the political spectrum advocate that? If not, then why was the President of the United States saying such things, unless he thought we were fools enough to buy it — and that the media would never call him on it?

Bravo!

ROTFL!

But I still have to wonder why the Republicans keep having Liberals doing the questions so they throw “gotcha”-laden questions at them?

Oh well, since virtually all of the media is liberal it’s the cross you have to bear.

But at least if you do everything they want, you won’t be an obstructionist, extremist, racist, “terrorist” who just wants to get grandma out into the cold off a cliff and let her starve and freeze!!

Don’t you feel better now… 🙂

Political Cartoons by Henry Payne

Political Cartoons by Glenn Foden
Wouldn’t want to offend the Muslims, after all…. 😦
They might get mad and attack us… AGAIN!  🙂

Political Cartoons by Lisa Benson



 

Known and Unknown

Thomas Sowell: When Donald Rumsfeld was Secretary of Defense, he coined some phrases about knowledge that apply far beyond military matters. Secretary Rumsfeld pointed out that there are some things that we know that we know. He called those “known knowns.” We may, for example, know how many aircraft carriers some other country has. We may also know that they have troops and tanks, without knowing how many. In Rumsfeld’s phrase, that would be an “unknown known” — a gap in our knowledge that we at least know exists. Finally, there are things we don’t even know exist, much less anything about them. These are “unknown unknowns” — and they are the most dangerous. We had no clue, for example, when dawn broke on September 11, 2001, that somebody was going to fly two commercial airliners into the World Trade Center that day. There are similar kinds of gaps in our knowledge in the economy. Unfortunately, our own government creates uncertainties that can paralyze the economy, especially when these uncertainties take the form of “unknown unknowns.” The short-run quick fixes that seem so attractive to so many politicians, and to many in the media, create many unknowns that make investors reluctant to invest and employers reluctant to employ. Politicians may only look as far ahead as the next election, but investors have to look ahead for as many years as it will take for their investments to start bringing in some money. The net result is that both our financial institutions and our businesses have had record amounts of cash sitting idle while millions of people can’t find jobs. Ordinarily these institutions make money by investing money and hiring workers. Why not now? Because numerous and unpredictable government interventions create many unknowns, including “unknown unknowns.” The quick fix that got both Democrats and Republicans off the hook with a temporary bipartisan tax compromise, several months ago, leaves investors uncertain as to what the tax rate will be when any money they invest today starts bringing in a return in another two or three or ten years. It is known that there will be taxes but nobody knows what the tax rate will be then. Some investors can send their investment money to foreign countries, where the tax rate is already known, is often lower than the tax rate in the United States and — perhaps even more important — is not some temporary, quick-fix compromise that is going to expire before their investments start earning a return.

Although more foreign investments were coming into the United States, a few years ago, than there were American investments going to foreign countries, today it is just the reverse. American investors are sending more of their money out of the country than foreign investors are sending here.

Since 2009, according to the Wall Street Journal, “the U.S. has lost more than $200 billion in investment capital.” They add: “That is the equivalent of about two million jobs that don’t exist on these shores and are now located in places like China, Germany and India.”

President Obama’s rhetoric deplores such “outsourcing,” but his administration’s policies make outsourcing an ever more attractive alternative to investing in the United States and creating American jobs.

Blithely piling onto American businesses both known costs like more taxes and unknowable costs — such as the massive ObamaCare mandates that are still evolving — provides more incentives for investors to send their money elsewhere to escape the hassles.

Hardly a month goes by without this administration coming up with a new anti-business policy — whether directed against Boeing, banks or other private enterprises. Neither investors nor employers can know when the next one is coming or what it will be. These are unknown unknowns.

Such anti-business policies would just be business’ problem, except that it is businesses that create jobs.

The biggest losers from creating an adverse business climate may not be businesses themselves — especially not big businesses, which can readily invest more of their money overseas. The biggest losers are likely to be working people in America, who cannot just relocate to Europe or Asia to take the jobs created there by American multinational corporations.

But at least the Class War Fare so loved by Liberals has a target rich environment (in their minds) because any “rich” person should be bludgeoned to the point of death to make up revenues for the Liberals to spend on their Socialism.

Not to cut spending. No paying down the debt. No, never that.

And any hint of doing that get’s them riled up and scare people on Social Security that the government won’t pay them because the Republican Boogieman is coming to get you!!

And I’m still waiting for the Republicans to buckle.

The Democrats have already stepped up the Class Warfare and the Fearmongering.

So all is right with the Political World…. 😦

That is well known. 🙂

Political Cartoons by Steve Kelley

Political Cartoons by Chuck Asay

Political Cartoons by Michael Ramirez

Political Cartoons by Jerry Holbert

Political Cartoons by Chip Bok

Filtered

It’s not relevant if Dictatorship and oppression is your goal…

If Liberals have to even ponder the question you know there’s trouble!

Independence Day provides all Americans with an opportunity to celebrate  the many freedoms that make our country both great and unique. Our Declaration of Independence  was breathtaking in scope and written in precise, plain, unequivocal  language. When read in townships across the Colonies, crowds listened in  hushed silence and then broke out in applause when the reading was complete. Our Founding Fathers felt no need to dilute or cloak their intentions to form a government.

As you celebrate the 4th, it might be appropriate to contrast the  straightforward language of our founders and other great American  leaders with the weasel words now emerging from Washington, and all too  frequently, from President Obama, who prefers euphemism-laden,  convoluted, pixilated flummery. 

A quick review of Obama’s speeches  reveals his most common euphemisms seem to show a pattern of deception,  obfuscation and misdirection. In President Obama’s lexicon, words have  different meanings; to decipher the message and understand what the  President is saying requires a special Washington Dictionary. Here are  some samples from President Obamas special dictionary: 

Investment is the president’s word for government spending.  When he says we need to invest more, he really means he wants to  increase spending on some special project. Obama knows that the word  investment is reassuring to most Americans and implies that at some  point in time a good investment will return a decent profit. But, no  return is envisioned with Obama’s “investments”. In fact, to Obama all  government spending is an investment.

Millionaires and Billionaires Obama often talks about the  need to increase taxes on the millionaires and billionaires. Of course,  what he really means is higher taxes on any family making more than  $250,000. Obamas math skills must be sufficient to understand that  there is a huge mathematical difference between 250,000 and a billion,  but he chooses to ignore the difference to better stoke class  resentment, all while hoping that average Americans are too stupid to  understand.

Working People is invoked to demonstrate commitment to average  Americans. Of course, what Obama really means is that he supports the  primacy of unions over other American workers.  According to Obamas  definition, the vast majority of Americans, including small business  owners, are not working people at all, regardless of how many thousands  of hours they work. In Obamas dictionary, only union members are  working people and deserving of special preferences and consideration. 

Spending Reductions in the Tax Code  means more tax increases. President Obama likes to wear the mantle of  spending cuts, but lacks the courage to call a tax increase what it  really is.

Paying Their Fair Share is the president’s phrase for wealth  redistribution. What Obama really means is that entrepreneurs and other  successful business owners are not paying high enough taxes, and that  all of the money they earn should be “contributed” to the government for  wealth redistribution to those that Obama considers worthy. Of course,  Obamas supporters, the bulk of whom do not seem to pay income tax, are,  according to this definition, already paying a fair amount of tax  (zero). It is the rest of America that is not paying their fair share.  Obama offers no criteria to what is fair or not, so that is why he  seems to think it is perfectly acceptable to require 20% of American to  pay 78% of the taxes and then criticize them for not paying their “fair  share”.

Green Jobs and Green Economy these are the jobs that President  Obama believes are more important and more valuable than any others,  even if creating a “green job” that pays $40,000 actually costs the  taxpayers $300,000 to create. Moreover, if creating one magical “green  job” results in the loss of 10 or more jobs that were dependent upon  cheap, reliable power, that too is of no consequence. A green job has  magical properties that do not conform to economic principles.

Unprecedented. Perhaps Obama’s favorite word, which he uses to  describe most of his actions. This word has no meaning to Obama, but  reflects his belief that he is so special that everything he does or  says must be admired. Obama is so, fundamentally, unaware of American  history that he thinks that the challenges and issues that he faces are  unique. (Move over George Washington!)

Unfortunately, our President seems unaware that the dangers of repeated,  euphemistic bastardization of the English language erodes his  credibility. Increasingly, Americans know they cannot trust what Obama  says. 

And so, President Obama is likely to tell Americans:

“In response to an unprecedented challenge we must provide more aid to working people by increasing investments in green jobs. We will implement savings in the tax code that will only impact millionaires and billionaires who are not currently paying their fair share“.     

And yet what Obama really means is:

My policies have failed. The stimulus was a disaster, and the country is  broke. We need more money to keep the Unions, and my special  constituents who pay very little or no taxes, happy, so I need everyone  else to pay more, otherwise I won’t get re-elected. 

Americans have a reputation for being straightforward and for plain  speaking and are only slowly becoming aware of the vague, expansive, and  misleading words in President Obama’s unique dictionary.  Our Founding  Fathers said: “we hold these truths to be self-evident”.  With Obama,  none of his words are self-evident.(Lurita Doan)

Except the deceit and dishonesty and complete disingenuousness that is not only self-evident, it’s self-serving.

Political Cartoons by Glenn Foden