Tuesday, February 24, 2009

We're running out of canaries

As we all know, the canary in the coal mine helped warn the miners of deadline methane gas buildup before it became dangerous to humans. As long as the canary was singing, the mine was safe. Once it stopped, it was time to evacuate the mine. The problem we have is that our enemies are building up their weapons and plans for our destruction, the canaries have all stopped singing, but the wizards of smart in DC aren't paying any attention. Iran's new currency features the satellite they have just successfully tested. They obviously think that piece of equipment is terribly important to their country and I don' think it's because they're all excited about getting XM radio or re-runs of Dallas. http://www.presstv.ir/detail.aspx?id=86424&sectionid=3510212

Wednesday, February 11, 2009

50 de-stimulating facts

http://article.nationalreview.com/?q=YjcyODIyZGM2MGU1ZDdkNDgxZDc3OTNjYjM4ZDY1ODI

$4000 per person

$1 trillion (dollars in the stimulus bill) / 250 million (american citizens of working age) = $4000 per citizen

Just write the checks. That would be a much better use of the money.

Wednesday, February 4, 2009

The flip side...

In reacting to today's restrictions on executive pay imposed by the federal government, two things come to mind:
  1. Am I the only person who is scared to death by the fact that the federal government (actually, the President personally) is placing restrictions on salaries in the private sector? Is there anyone else left out there who believes in free markets? Or has everyone bought into the era of Hope and Change?
  2. Part of me says that the morons at these wall street firms who showed up in Washington with their damn hands out are getting exactly what they deserve. If you choose to be dependent on the government, the government now controls you. The rest of us out here in the real world should think long and hard about this episode before asking the government for our "universal" healthcare and our "affordable" housing.
  3. A companion story in today's news is that BoA's share price is dropping dangerously on worries that the government will take over the company. Don't people get it yet? The best thing that could happen for BoA, Wells, Chase, and the rest is for the feds to come out tomorrow and guarantee that they will not nationalize the banking industry. The market is scared to death that the little shareholder value left in these companies will be blown away if/when The Messiah decides he can run them better than their boards.

It's only a matter of time...

Before the President starts deciding how much YOU deserve to be paid:

http://biz.yahoo.com/rb/090204/business_us_obama.html?.v=9

http://apnews.myway.com/article/20090204/D964VSP00.html

So, yeah, live it up, middle-class America, while your Messiah-in-chief tells those evil wall street CEOs how much they can be paid. I'm glad it makes you feel so good about yourselves.