Below is a link to an article explaining how the company GMAC is receiving $3.8 billion more in 'bailout' money. This is a company that has already received $12.5 billion. People who say this is a good thing argue that without the money the company would go under and people would not be able to get loans for cars and the effect of that would be disastrous for the auto industry. And all of that is true. But what the government is doing is not fixing the problem.
The government is enabling GMAC to lend to people who can't afford to pay the loans back. If GMAC only loaned to people who could afford the loan we wouldn't be having this problem in the first place. GMAC (like many others) got into a lot of problems with housing loans. The message that the government sends when they give companies like this money is that it is okay what they did, and we've got your back in the future. They have much less incentive to correct the real problem and so we see that bailouts like these will continue far into the future. The incentive for companies to change and become better and more profitable is the THREAT of BANKRUPTCY and FAILURE. When you take those things out of the equation (which the government does in the form of bailouts with our tax money) you get companies that don't change and will continue to leach off the American taxpayer for years to come, i.e. socialism.
Bailouts are short-term fixes that only cover up the underlying problems of our current economy.
http://www.onenewsnow.com/Politics/Default.aspx?id=833090
Thursday, December 31, 2009
Saturday, December 26, 2009
Tuesday, December 22, 2009
Detroit In Ruins
A great visual of what we are headed for if we continue down this road of socialism, as Detroit has already done.
Friday, December 11, 2009
The Real Cost of Public Schools
This article is from 2008, but I just read it and I'm sure the figures are worse than presented in this article. But the article illustrates how much is spent on each child in public schools versus private. Most people think that more money equals better results, this isn't true with government. More money usually means bigger and stronger bureaucracies which means more inefficiency and waste. Children deserve better, and parents deserve options.
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/04/AR2008040402921.html
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/04/AR2008040402921.html
Thursday, November 26, 2009
Happy Thanksgiving
In almost every sentence President Washington mentions God, he was so not politically correct. Take the time to read it, it is inspiring. I am so grateful for our country's heritage.
George Washington's 1789 Thanksgiving Proclamation
Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to "recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness:"
Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.
And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.
Given under my hand, at the city of New York, the 3d day of October, A.D. 1789.
George Washington's 1789 Thanksgiving Proclamation
Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to "recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness:"
Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.
And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.
Given under my hand, at the city of New York, the 3d day of October, A.D. 1789.
Tuesday, October 13, 2009
Brother Harry Reid
http://www.foxnews.com/politics/2009/10/13/reid-criticizes-mormon-church-proposition-support/?test=latestnews
Draw your own conclusions, but I'm pretty sure people have been excommunicated for less than this.
Draw your own conclusions, but I'm pretty sure people have been excommunicated for less than this.
Friday, October 2, 2009
"Let them eat cake"
How out of touch is Congress? Every local government across the United States has had to make huge cuts in their budgets. People across our country have either lost jobs or taken pay cuts. Hundreds of thousands are unemployed or underemployed. Many are overqualified for the job they have because they can't find jobs in their niche anymore. Everyone is hurting in one way or another. And what does Congress do?...
They vote to give themselves a RAISE!!! OUT. OF. TOUCH.
They vote to give themselves a RAISE!!! OUT. OF. TOUCH.
Thursday, October 1, 2009
California...oh California

California ranks as the 48th most business friendly state! Oh wait, there are only 50 states. Dang, that means it is the third worst state to do business in. Only New York and New Jersey are less business friendly.
California is in bad shape financially. I don't think they have balanced a budget in decades. They run out of money and ask voters to bail them out every election in the form of bonds. They aren't changing anything and so it keeps getting worse. They have a very liberal legislature who doesn't know how to stop all the spending. So the legislature organized a commission to figure something out. The commission is proposing something close to a flat tax...OH THE IRONY!!!! A flat tax is about as conservative a policy as you can get. They are abandoning every liberal fiber in them by even mentioning a flat tax.
For those of you who don't know, a flat tax means everyone pays the same tax rate regardless of how much you make. It doesn't really exist anywhere anymore. Opponents say the rich should pay more because they can afford to. Proponents say you shouldn't punish success. Regardless of the arguments, I do think deep down everyone knows that a flat tax is very business friendly...and that is what California is going for.
This is something to watch because if they go forward with this and it helps them, Obama and the liberal legislature are in trouble. This would put a conservative policy to the test, kind of. There are a lot of other factors in Cali that make it very business unfriendly, but still...pretty interesting. If you are into this kind of thing, and if you are still reading you must be a little.
Who said it?
"If you look at the victories and failures of the civil rights movement and its litigation strategy in the court. I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order as long as I could pay for it I’d be o.k. But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society.
"To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that. …"
Me now...what this says is that the civil rights movement wasn't successful in the sense that it didn't spread the wealth. This person believes that it is the RIGHT of one person to take another person's money via government taxation. Well, who dunnit? I'm not telling, seriously...guess.
"To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that. …"
Me now...what this says is that the civil rights movement wasn't successful in the sense that it didn't spread the wealth. This person believes that it is the RIGHT of one person to take another person's money via government taxation. Well, who dunnit? I'm not telling, seriously...guess.
Tuesday, September 22, 2009
Benji Boy
"I have lived, Sir, a long time, and the longer I live, the more convincing proofs I see of this truth -- that God governs in the affairs of men. And if a sparrow cannot fall to the Ground without his Notice, is it probable that an Empire can rise without his Aid?" --Benjamin Franklin, to Colleagues at the Constitutional Convention
Sure, that may be true...but no praying in schools!!!
Sure, that may be true...but no praying in schools!!!