Archive for government spending

Stuff Going On — 05/29/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , on May 29, 2017 by cavalier973

The Manchester bomber’s own mosque contacted British authorities, warning about his possible involvement in terrorism. The British will arrest you if you speak out about homosexuality, though–if you’re doing it from a Christian perspective, that is.

Another Congressional Democrat-hired IT worker flees to Pakistan. She made over six figures as an employee of her husband, who for some reason was hired to handle the Information Technology services for several Democrat congresspersons. There is an investigation into whether the IT services company mishandled data and information.

The earth has seen a significant increase in vegetation, most likely due to an increase in plant food. This stunning finding has scientists baffled. “More plant food means more plants?” ~ a famous scientist. Crazy, crazy times that we live in.

This is a discussion about the effect CO2 on the growth of plants, focusing on “food plants.” It is extremely interesting. It points out the possibility that increased Carbon Dioxide plus higher temperatures means much higher amounts of food can be grown.

Trump thinks that throwing government money at health care will alleviate the problems. Thinking like this is why I did not vote for him.

On a related note, some guy on Twitter was spouting nonsense that a Single Payer System (i.e., Government pays for all medical services) would reduce the national spending on “health care” (medical services). As if the government ever spent sensibly when making a purchase. Think “$500 hammers”.

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Stuff Going On — 05/27/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , , , on May 27, 2017 by cavalier973

Egyptian warplanes bomb terrorists sites in Libya in response to the terrorist attack on Egyptian Coptic Christians.

♣ The latest “Get Trump” story (and that’s turning out to be what they all are) is that Jared Kushner sought to establish a back-door channel between the Trump transition team and the Russians, using communication equipment in the Russian embassy.

Kinky.

So, this is a very, very serious story. Everyone agrees. I agree: it’s a serious story and is a serious problem for the Trump administration–if it is true. And that’s the problem I have with all the stories that have been reported over the past few weeks. As in nearly all other cases, this “Kushner-Russia story” relies on unnamed sources. Officials. Persons “in the know”. The Washington Post publishes this stuff, and people go ape-crazy for a while, then the story sort of goes away, because either 1. The WaPo’s sources are lying to them or 2. The WaPo is lying about having actual sources.

A good question about this story is: “If Jared Kushner really did this, why is he not in jail right now?” The answer: He didn’t really “do this”. That is, he never actually opened a secret, back-door communication link with the Russians through the Russian embassy. He may have posited the idea, but I’m not sure that suggesting a course of action that may be illegal is something that can get you arrested.

Besides all that, we only know this because of–again, unnamed–sources who claim that they listened to the tapes of the Russian ambassador as he conversed with his boss in Moscow. The Russian ambassador told his boss that Jared proposed a back-door channel. At this point, I want to throw my hands in the air. I think I will…

That feels a mite better. So, we are supposed to believe unnamed sources who claim that Jared Kushner did this horrible thing based on a conversation that the Russian ambassador had with his boss in Moscow? I guess there is no way that the ambassador was lying to his boss, or feeding false information because he knew that U.S. Intelligence agents were listening.

In addition to all that, I should point out (and John Podhoretz said something similar in a tweet storm) that the Intelligence Community (the “IC”, as they say) has proven itself unreliable as a keeper of secrets. Trump knew, or at least suspected, that holdovers from the Obama administration were monitoring his communications. He wanted to communicate with the Russians without having his conversation recorded and published to the WaPo. So, there was a meeting, where options were discussed. The Russian ambassador–reportedly; again, this is all hearsay until we have some actual names–declined Jared’s offer to establish a “back door” communications channel.

Here is an excellent article by Robert Wenzel about this story.

The WaPo and its groupies need to get a grip; they are slowly shedding any tiny bit of credibility they have due to this constant barrage of Trump-bashing that turns out to be nothing at all.

It’s like hunting for whale fossils and finding a lion fossil.

♦ If you want to argue against Trump, here is a more effective, and honest, method: the Trump “budget cuts” are not, actually cuts.

Stuff Going On — 05/13/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , on May 13, 2017 by cavalier973

The President of Turkey wants President Trump to not arm the Syrian Kurds, and also to hand over the guy who instigated last year’s coup. The presidents meet in D.C. next week.

♣ Last week I was called for jury duty, but was not ultimately selected. The case was “The State of Texas versus Aaron Gregory Lucas”. The jury found him guilty, and he was sentenced to life in prison. As with his trial in Colorado, he tried to blame the crime on his evil twin brother.

A music machine designed by Leonardo da Vinci is resuscitated. No word on whether Ron Howard will produce a mystery-thriller about the secret code discovered when the instrument is played.

I think Mr. Wenzel meant to say: “It’s Going to Blow”, because “It’s Gong to Blow” doesn’t make sense. In any case, the cure for FedGov budget problems is to cut spending, not raise taxes. Higher tax rates are a disincentive to productive work, which means that incomes are lower, so the taxes collected using the higher rate are collected from a smaller amount of income. It’s an unending spiral to the bottom. I desire that the FedGov cut its tax rates, but even more that it cut the amount of its spending . FedGov spending distorts the economy in numerous unseen ways. By it, the FedGov acquires resources, goods, and services that are then unavailable for market players. FedGov spending also incentivizes firms and individuals to divert resources into satisfying FedGov demands (which are based on political objectives and result in waste) rather than market demands (which are based on market objectives, and thus result in increases in productivity or consumption). Leaving rates where they are and cutting spending (truly cutting, not “reductions in the projected spending increases”) would be a better situation than cutting taxes and increasing FedGov spending–or, even, leaving spending at current levels.

Stuff Going On — 4/29/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , on April 29, 2017 by cavalier973

♠ I’m not interested in what’s going on in North Korea–really, I’m not. But the plucky little murderous regime keeps doing interesting things, like overpromising and underdelivering on its missile capabilities.

There is a measles outbreak in Minnesota. The children of Somali immigrants hardest hit. According to the report, the Somalis stopped having their children get the MMR vaccine after an increase in the number of Somali children who were diagnosed with autism. Note that it is the non-vaccinated Somali children who are getting the measles.

♥ Speaking of the Measles Vaccine: it was introduced in 1963, the same year that President Kennedy was assassinated. Coincidence? WAKE UP SHEEPLE! The National Archives will soon release information proving that Lee Harvey Oswald infected the president with the measles before he could be vaccinated.

First quarter GDP wasn’t that great. Something to remember about GDP: government spending is included. That means, when the government spends $500 on a $20 hammer, the inflated cost is added to the GDP number, distorting it. $500 worth of hammers wasn’t produced, in other words. The fellow who won the contract to supply hammers to the government is probably happy, though.

Oh Snap! Romney is clueless on the economy

Posted in For Free Trade with tags , , , , , , , , on May 8, 2012 by cavalier973

The Mittwits, even way back in 2008, have assured us that Romney has the cure for what ails the American economy, because he’s a BUSINESSMAN!!(TM).  They seem to forget that “Economics”, both the “micro” and the “macro” flavors, are the classes one sleeps through in business school.  Seriously, though, successful businessmen aren’t successful because they necessarily understand the economy.  Most have knowledge or talent in a certain area: sales, for instance, or finance.  When Romney says, basically, that cutting government spending shrinks the economy, he outs himself as a Keynesian, which means that he pretty much believes the same as President Obama when it comes to economics (Hannity hyperbole about “socialists” and “marxists” notwithstanding).  To learn more about Lord Keynes, go here.

When you finish that article, browse around the www.mises.org website for more information.