Saturday, July 30, 2011

Frankenstein Government, International Blogger

I think spy organizations all over the world have their collective eyes on us renegade bloggers. Russia and India, making precious metals purchases based on my recommendations. China is not showing up today. They are probably busy spying on Kenny Lane. Canada, Paraguay, Peru, S. Korea. Ireland. Bless my homeland. They gave the finger to the banker class. I love you guys.

I got my passport. I may come calling soon when this big piece of dirt implodes. Maybe Tuesday.

Traffic Sources


The Libertarian Hall of Fame

There were 22 House Republicans that voted against Boehner's budget bill. They believed the cuts were insignificant and in the end- it didn't matter anyway. The Senate defeated the bill.

Here then is the list of Representatives who are doing what we elected them to do. Holding the line even amidst all of the pressure coming from both sides. Well done.

The dissenting Republicans were:
Justin Amash (Mich.), Michele Bachmann (Minn.), Paul Broun (Ga.), Jason Chaffetz (Utah), Chip Cravaack (Minn.), Scott DeJarlais (Tenn.), Jeff Duncan (S.C.), Trey Gowdy (S.C.), Tom Graves (Ga.), Tim Huelskamp (Kan.), Timothy Johnson (Ill.), Jim Jordan (Ohio), Steve King (Iowa), Tom Latham (Iowa), Connie Mack (Fla.), Tom McClintock (Calif.), Mick Mulvaney (S.C.), Ron Paul (Texas), Tim Scott (S.C.), Steve Southerland (Fla.), Joe Walsh (Ill.), and Joe Wilson (S.C.).

Blue Suede RoadKing

Elvis would be proud. After 50 years of Gold Wings, Valkyries, and others...I broke down.

Late this week, I bought a slightly used RoadKing. It is blue suede and gorgeous. Eleven grand worth of goodies including the tour kit, mini apes, Rhinehart two into one kit. It even has flush mounted caps with blue LED's on the gas tank to let you know how much fuel you have. The speedo is aquamarine.

I am afraid to ride it. I just stare at in the garage. It is love. Just like the big valk, and Margaret King in 5th grade.

I have already planned two trips. One with the Idaho Falls maniacs, Jason and Troy to Reno/Carson City. And one to Santa Ynez.

Here is a picture of my most current love.

image 2 image 3

The House Asks the Senate, How Does My Ass Taste?

There can be no compromise. The thick headed President and the kleptocrats don't get it. We are out of time. Reid's bill was a joke. It actually increased spending.

So the House did what the Senate does. At least the House votes on bills unlike the pussies in the Senate.

So the kleptocrats, still don't get it. We are out of money, out of credit, and out of time. When those three things happen at once- all that remains is slash and burn or economic death. That's why there can be no compromise.

Hold the line conservatives! Look at California to see how well the Kleptocratic plan works! http://news.yahoo.com/house-rejects-senate-dems-debt-limit-bill-192828670.html

Delusional Thinking

I just had to pinch this. This is Lisa Murkowski of Alaska. Read this...

‘On the Brink’

Senator Lisa Murkowski, an Alaska Republican, said “absolutist” lawmakers aligned with the Tea Party have put the U.S. “on the brink.”
“I am really worried about where we are standing, and I think part of that has come about because you have individuals that say, ‘It is my way or the highway,’” Murkowski said in an interview at Bloomberg’s Washington office. “That is not how you govern.”

Absolutist lawmakers have put us on the brink? What about all of those assholes, including this idiot in the White House? Did they have anything to do with spending us into oblivion?
Apparently Ms. Murkowski thinks that people who disagree with her are not entitled to that opinion. Rather, she declares in her last sentence, that she knows how to govern and that's not how you do it. You are only entitled to her way of thinking which she has deemed is "correct."

This is the mind set of your "leaders" in government. They are all ego invested in their opinions, not the issue. If they were ego invested in the issue- the gargantuan debt-  the cut, cap, and balance bill would have passed two weeks ago.

That this line of thinking comes from an alleged Republican does not surprise me.

Monty...What Happened to Door Number Three?

...there ain't no door number 3.

Imagine having a credit card with no limit on it. No matter how much you ring up, two things always happen. You have enough money to pay the interest but never enough money leftover to pay the principal. The banker always allows you to charge as much as you want. In a scenario like this, the game goes on until one of two things happens. You no longer have enough money to service the minimum interest payments; or the banker tells you your credit line is maxed out.

So it is that one day you suddenly realize, that you can't afford the interest payment anymore. Your other expenses have gone up. The bank has moved your interest rate up because that is always in the fine print. Your credit rating is in decline. If you do not have enough money to pay the interest- you will default on the terms of the agreement.

You lack the capacity to add a third job. You cannot borrow any more money because you have already borrowed to the hilt. Nobody, including the relatives, will loan you one more thin dime. You have no lines of credit available. There is only one alternative.

You must slash every other expense that you have to the bone. Not just enough to make interest payments. You must slash everything to the extent that you are able to pay off principal. Everything is on the table. You begin by selling cars and assets. You get rid of payments. You cancel the cable TV and the newspaper subscription. You quit wasting 30 bucks a week on Starbucks. You take this newly freed up capital and use it to pay down the existing principal. Ultimately, you survive because you were wiling to do the only thing that made sense.

Your government is in far worse shape than you are. Not only has it rung up a debt that it cannot pay- but unlike you it has trillions more of social security, medicare, and now Obamacare debts coming due. Think of them as giant balloon payments that your government has no way to pay. All coming due as you are adding another 3 trillion to the national debt. 

Then think about the ridiculous argument going on now. Raising the debt limit at this point is catastrophic. You can barely service your existing interest now because of artificially low rates and you sure as hell can't service the debt if the interest rate moves up because it certainly can't go down (refinancing the debt, or risk premiums) and now all of those balloon payments come due.

Under our current scenario you are only left with two alternatives. Two doors. Continue to raise the debt ceiling and thereby guarantee a future default; or cut spending to the bone. Eliminate entire bureaucracies, stop your wars, and put everything on the table. Use the savings to pay down principal while there is still time. Those are the only two doors you have left.

In a perfect world, there might have been a door number three. That is the illusion that most Americans still cling to. The same illusion that Obama and the Kleptocrats whisper into your ear. We have the capacity to turn this around- we always have. That is simply not true anymore. Losing thirty million jobs- and shrinking existing salaries- has virtually guaranteed that we lack the capacity to pull ourselves out of this. Rising health care costs are literally destroying any excess financial capacity that an aging population once had. Instead, this delusional administration is hell bent on running us into the ground.

Slash and burn all government expenses or die a slow painful death. There is no other alternative.

Friday, July 29, 2011

Mexico's Economy Is Thriving, 4% Unemployment, Government Not Bankrupt

Well, I guess if there is an upside to the NAFTA agreement- it's that we have kick started Mexico's economy for them.

Unfortunately, Mexico is going to leave a couple million felons behind in our prisons. Like to ship them back home, like an export business. Create additional jobs for Mexican nationals as prison guards.

Perhaps one day we will be sneaking across the Rio Grande looking for jobs. Ain't that some shit? http://www.sacbee.com/2011/07/28/3799513/improving-mexican-economy-draws.html

Bad Ideas, Like Bad Verdicts, Last Forever (Originally Published in March of 2013)

Of all of the stupid things we do, changing our clocks each spring and fall, has to rank near the top. The anarchists of Arizona don't r...