Posts Tagged ‘Economy’

I Hate Them…

Posted: 24 Jan 2013 in Axis of Idiots, Communism, Control, Democrats, Economics, Free Market, Government, Neo-Marxists, Politics, Socialism, Unions, Unions Suck
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… and everyone that reads my blog should know what I think about unions and Democrats. I think they are the scourge of America and unions should be disbanded entirely in the public sector. Private sector I can give a crap.

Democrats suck.

Unions suck.

Goodbye Post Office, Hello Postal Unions
By G. Michael Fielding

If there is one thing conservatives understand, it is that Unions are never satisfied until they get what they want. And when they don’t succeed in their agreement terms with their employers, they will cry threats at everything and anyone except what is really at fault. Recently, the National Association of Letter Carriers Union (NALC) released its new labor contract to its members and posted on its National Bargaining website. One of the statements NALC President Fredric Rolando made was: “This agreement rewards city carriers for these contributions and sets the stage for a major comeback for the Postal Service, provided that Congress does its part to enact real reforms that will allow us to serve the American people and the U.S. economy for decades to come.” Congress does its part to enact real reforms? Could these reforms have anything to do with raising taxes on the American people?

Could it be that the New Agreement included lower wage scales for new career employees as well as the increase of health insurance premiums coupled with no employer matching shares with regard to the Flexible Spending Accounts? Considering the state of the Postal Service and the fact that this once great American institution is now practically broke, why in the world would the NALC want to continue giving support to an administration that keeps stabbing them in the back? Congress certainly is to blame for a lot of things; but rather than focusing on blaming Congressional leaders, the NALC (as well as Unions in general) should take a hard look at the real encompassing cause of the problems with the Postal Service. Surely, the Congress is made primarily of Republicans; but even those Republicans in Congress have no backbone and continuously capitulate to President Obama’s demands.

via Goodbye Post Office, Hello Postal Unions.

Another Obama Lie…

Posted: 5 Dec 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Communism, Congress, Democrats, Economics, Failure, Government, Lies, Media, Media Bias, Neo-Marxists, Obama, Politics, SCOAMF, Socialism, Stupid People, Tax
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…that the media and the Republicans are letting slide.
I’m personally sick of this lying douche bag. I can’t stand listening to him anymore, I know that the majority of what he says is bullshit and the media are kissing his ass and letting him get away with blatant lies.
Let’s look at this most obvious lie.

The President: “President Bush’s “tax cuts for the rich” cost the government so much tax revenue that this added to the budget deficit — so that the government cannot afford to allow the cost of letting the Bush tax rates continue for “the rich.”
First off, whenever the tax rates have been lowered, revenue has gone up. Every time some idiot Democrat raises the taxes on the “rich” revenues go down. The CBO screws this up every time they try to predict the revenue that it expects to get. They think that by raising taxes, revenue also rises. That’s demonstrably false. The Democrats are too stupid to look at the history of this country and how this works. Keynesian economics is a grand failure, each and every time it has been tried, yet the morons in the liberal party continue to try it, with the same resounding failure as the last time it was tried.

Cut taxes, cut spending. That’s the secret to getting America back on track. It’s so simple, yet the 535 idiots in Congress and the head idiot in charge can’t figure it out.

Cries of “racist” in 3, 2, 1…

I’ll let Thomas Sowell tell it.

Obama Plays Chicken
His priority is to increase government, and he’ll sacrifice the economy for it.
By Thomas Sowell

One of the big advantages that President Obama has, as he plays “chicken” with congressional Republicans along the “fiscal cliff,” is that he is a master of the plausible lie, which will never be exposed by the mainstream media — nor, apparently, by the Republicans.

A key lie that has been repeated over and over, largely unanswered, is that President Bush’s “tax cuts for the rich” cost the government so much tax revenue that this added to the budget deficit — so that the government cannot afford to allow the cost of letting the Bush tax rates continue for “the rich.”

It sounds very plausible, and constant repetition without a challenge may well be enough to convince the voting public that, if the Republican-controlled House of Representatives does not go along with Barack Obama’s demands for more spending and higher tax rates on the top 2 percent, it just shows that they care more for “the rich” than for the other 98 percent.

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This is Small Business America…

Posted: 30 Nov 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Communism, Democrats, Economics, Elections have Consequences, Failure, Free Market, Government, Lies, Media, Media Bias, Neo-Marxists, Obama, Politics, SCOAMF, Socialism, Stupid People, Tax, WTF Files
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…and this is a video released by the Senate Minority Whip.
Obama and the Democrats will destroy small businesses with their stupid policies.
This is what you morons voted for? Thanks a lot assholes.

CATO Releases Report Card…

Posted: 29 Oct 2012 in Economics
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…on America’s governors for 2012.

CATO Fiscal Policy Report Card on America’s Governors: 2012

The recovery from the recent recession has been very sluggish, and the nation’s governors have struggled with the resulting budget deficits, unemployment, and other economic problems in their states. Many reform-minded governors elected in 2010 have championed tax reforms and spending restraint to get their states back on track. Other governors have expanded government with old-fashioned tax-and-spend policies.

That is the backdrop to the Cato Institute’s 11th biennial fiscal report card on the governors, which examines state budget actions since 2010. It uses statistical data to grade the governors on their taxing and spending records—governors who have cut taxes and spending the most receive the highest grades, while those who have increased taxes and spending the most receive the lowest grades.

Fiscal Policy Report Card on America’s Governors: 2012
The recovery from the recent recession has been very sluggish, and the nation’s governors have struggled with the resulting budget deficits, unemployment, and other economic problems in their states. Many reform-minded governors elected in 2010 have championed tax reforms and spending restraint to get their states back on track. Other governors have expanded government with old-fashioned tax-and-spend policies.

That is the backdrop to the Cato Institute’s 11th biennial fiscal report card on the governors, which examines state budget actions since 2010. It uses statistical data to grade the governors on their taxing and spending records—governors who have cut taxes and spending the most receive the highest grades, while those who have increased taxes and spending the most receive the lowest grades.

Read the free PDF.

Oshkosh Co. to Lay Off 450…

Posted: 26 Oct 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Congress, Democrats, Developments, Economics, Failure, Government, Joe Biden, Military, Obama, Politics, SCOAMF
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…ahead of Biden’s visit to Wisconsin.
So, how’s that hopey, changey shit working out for you?
This President is a disaster for this country.

Wisconsin company announces layoffs ahead of Biden arrival

OSHKOSH, Wis. – Bad news will greet Vice President Joe Biden when he arrives in Wisconsin Thursday night. Hours earlier, Oshkosh’s largest employer announced that it will lay off 450 employees in January.

Oshkosh Corp., a truck manufacturer with Pentagon contracts, blamed the “difficult decisions” on looming cuts to the nation’s defense budget.

“As Oshkosh and others in the defense industry have discussed on numerous occasions, domestic military vehicle production volumes will decline significantly in 2013 due to the reduction in U.S. defense budgets and the fact that military spending is returning to peacetime levels,” the company said in a statement. “Unfortunately, these economic factors require Oshkosh to rebalance its defense production workforce starting in January 2013.”

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In case you’re wondering what trucks Oshkosh makes, here’s a few:

The MRAP short for Mine-Resistant Ambush Protected:

And another workhorse the M911 6X8

And let’s not forget about this true workhorse of logistics, the HEMTT which is short for Heavy Expanded Mobility Tactical Truck there are at least eight variants to this truck:

A Letter to the 99%… (Updated)…

Posted: 10 Oct 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Communism, Democrats, Economics, Elections have Consequences, Failure, Free Market, Government, Media, Media Bias, Neo-Marxists, Obama, Politics, SCOAMF, Socialism, Truth
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…is what I would have titled it, but this works.

Read the whole thing. It’s good. The entire letter is at the end of the article.
It’s coming from a CEO. Not a politician. Someone that hires people. Someone that fires people.
Decisions that are based on economic principles that liberals just can’t figure out.

Pay attention libtards.

CEO to Workers: You’ll Likely Be Fired If Obama Is Re-elected
By: Robert Frank

David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday.

It said that if President Barack Obama wins re-election and raises Siegel’s taxes, he will have to lay off workers and downsize his company — or even shut it down.

“If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company,” he wrote. “Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for ever

yone.”

In a version of Romney’s “47 percent” remarks, Siegel added that “people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn’t. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.”

The points are ones that have often been made during this election. But what makes the letter surprising is the source.

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In a related interview from another CEO, here’s Steve Wynn:

Wynn On Obama: “I’ll Be Damned If I Want To Have Him Lecture Me”

On the Tuesday broadcast of the nightly Nevada political program “Ralston Reports,” Steve Wynn, CEO of Wynn Resorts sat down with host Jon Ralston to discuss the presidential election.

Wynn, an outspoken critic of President Obama, didn’t hold back in his latest criticism of the incumbent president seeking a second term.

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Econ 101…

Posted: 9 Oct 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Communism, Democrats, Economics, Education, Failure, Government, Media, Media Bias, Neo-Marxists, Obama, Politics, SCOAMF, Socialism, Stupid People, Video
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…for the masses.
Good video that shows Obama’s failure in six minutes.

The Black Middle Class…

Posted: 8 Oct 2012 in Axis of Idiots, Buyers' Remorse, Comarade Obama, Communism, Democrats, Economics, Failure, Government, Media, Media Bias, Neo-Marxists, Obama, Politics, SCOAMF, Socialism, Stupid People, WTF Files
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…is being decimated by this SCOAMF’s policies. It’s time to fire this guy.

Are you better off than you were four years ago? I’m not. It’s harder to make ends meet. Shuffling payments around and struggling to put gas in the car just to go to work. Not how thigs were for me four years ago.

I was able to take vacations, didn’t have to worry about filling the tank, didn’t have to shuffle bills around, etc.

It’s even harder for a lot of other people. My brother was laid off in August. I have a blogger friend that was laid off recently. It’s all around me.

Now the black middle class is getting hit even harder. Nice job Barry.

Black middle class economically vulnerable

Downturn has wiped out gains of last 30 years, Urban League says
By Dawn Turner Trice

Generations of Valerie Magee’s family, from her grandparents to her children, have deepened their roots in the black middle class, finding a pathway to prosperity through college education and the support of family members.

But as Magee, 56, watches college tuition skyrocket and wealth and incomes plummet, she worries that college might be moving beyond her young grandchildren’s grasp.

So Magee, a divorced nurse administrator, recently sold her pricey south suburban Matteson home, hoping that will free her up financially to better assist her children if they need help with a future mortgage payment or tuition.

“Every generation wants the next to move up at least one more rung on the ladder, not backward — never backward,” she said. “My daughter and son-in-law are doing OK for now, but who knows what will happen tomorrow?”

For months, the presidential candidates have been trying to court the middle class, extending offers of tax cuts, lower gas prices and better schools. The message: America does well when the middle class does well. The corollary: We feel your pain.

But much less attention has been given to the black middle class, which since the recession and slow recovery has suffered massive decreases in wealth and high rates of home foreclosures. Blacks overall are experiencing a 13.4 percent unemployment rate, according to figures released Friday, much higher than the national rate of 7.8 percent.

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Another Lie…

Posted: 4 Oct 2012 in Afghanistan, Axis of Idiots, Buyers' Remorse, Comarade Obama, Democrats, Economics, Elections have Consequences, Failure, Iraq, Military, Obama, Politics, SCOAMF, Stupid People
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…exposed from the debate.
This one is on the so called “war savings” that Obama was yammering about last night.

Of course nice people call it a “gimmick” I call it a lie.  You decide.

Spending “War Savings” Is Still a Budget Gimmick
Emily Goff

During the first presidential debate, President Obama reiterated a policy proposal that barely holds water. His proposal to use so-called war savings from the troop drawdowns in Iraq and Afghanistan to pay for more domestic spending is nothing short of a budget gimmick. It would also justify continued federal spending excesses.

Obama argued for taking “some of the money that we’re saving as we wind down two wars to rebuild America and that we reduce our deficit in a balanced way that allows us to make these critical investments [on education, transportation, and infrastructure].”

It’s a myth that merits debunking.

Myth: Money not spent on wars overseas counts as budget savings.

Fact: The overseas military operations are winding down, so the federal government will spend less money in that area. Counting those spending reductions as new savings is an elementary budget gimmick.

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Gas on the Rise…

Posted: 4 Oct 2012 in WTF Files
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…in California.

Just what I need. Higher gas prices. This shit is out of control.

Refinery problems send California gas prices skyrocketing

By Gary Richards

When Errol Emrich drove by a Shell station in his San Jose neighborhood last weekend, regular gas was selling for $4.05 a gallon.

On Monday, it was $4.15. On Tuesday, $4.25. And this weekend? Analysts say it could reach a whopping $4.40.

Problems at California refineries have slashed supplies across the state, cutting fuel production and raising wholesale prices — the price stations pay for their gasoline — by as much as 73 cents, to levels not seen since 2007.

And that almost certainly will boost prices at the pump again soon.

“California gasoline prices may surge in the next five days, perhaps to levels higher than February’s $4.33-a-gallon average,” said Patrick DeHaan, an analyst with Gasbuddy.com. “It is within the realm of possibility that average prices reach near $4.40 or even higher if the situation worsens.”

Bloomberg News reported that Exxon Mobil’s 150,000-barrel-a-day Torrance refinery lost power Monday and may suffer production problems for another week.

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