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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Saturday, June 27, 2009

Peterson on having enough....



I know this fellow since I worked in a company that was temporarily ensconced in the offices of his firm. Once in the elevator to my office, he turned to me and asked how old I was. I told him 35. He asked if I was the oldest person working there. He was apparently quite impressed how young the people were that worked in the company where I employed.

And on the debt trap that faces America today....

Friday, June 26, 2009

The Obamessiah's plan to create millions of 'green' jobs.....

The large government intervention in this energy producing initiative, promises to destroy twice as many jobs as those created as indicated in this study on Spain's experience, here.

Thursday, June 25, 2009

BE HONEST... A TEST OF MORALITY

The One (1) Question Test

This test only has one question, but it's a very important one... By giving an honest answer, you will discover where you stand morally. The test features an unlikely, completely fictional situation in which you will have to make a decision. Remember that your answer needs to be honest, yet spontaneous.

Please scroll down slowly and give due consideration to each line.

THE SITUATION:

You are in Florida , Miami to be specific. There is chaos all around you caused by a hurricane with severe flooding. This is a flood of biblical proportions. You are a photojournalist working for a major newspaper, and you're caught in the middle of this epic disaster. The situation is nearly hopeless.

You're trying to shoot career-making photos There are houses and people swirling around you, some disappearing under the water. Nature is unleashing all of its destructive fury.

===============================================

THE TEST:

Suddenly you see a man and a woman in the water. They are fighting for their lives, trying not to be taken down with the debris. You move closer. Somehow they look familiar. You suddenly realize who they are. It's Barack Obama and Nancy Pelosi (Barney Frank has already drowned)!! At the same time you notice that the raging waters are about to take them under forever. You have two options: You can save their lives or you can shoot a dramatic Pulitzer Prize winning photo, documenting the deaths of two of the world's most powerful people.

===============================================

THE QUESTION:

Here's the question, and please give an honest answer...

Would you select high contrast color film, or would you go with the classic simplicity of black and white?

Quote of the day.....

BUFFETT: Well, it's been pretty flat. I get figures on 70-odd businesses, a lot of them daily. Everything that I see about the economy is that we've had no bounce. The financial system was really where the crisis was last September and October, and that's been surmounted and that's enormously important. But in terms of the economy coming back, it takes a while. There were a lot of excesses to be wrung out and that process is still underway and it looks to me like it will be underway for quite a while. In the (Berkshire Hathaway) annual report I said the economy would be in a shambles this year and probably well beyond. I'm afraid that's true.
From here.

The bottom line is that businesses will respond to the real economy and the actual economic situation. Also, recognize that some businesses will benefit from the horrendously misguided $787 billion economic stimulus rushed through by the Obamessiah and his Renfield minions, the Democrats. But these ephemeral benefits since they are government mandated and not necessarily based upon actual economic need but many times are political in nature, will not be as productive as the investments that could have been made with the capital that was diverted away from the real economy through government borrowing or taxes.

So, Buffet's businesses and many others are paying the price of the higher taxes or crowding out of borrowing either directly or from their customers and their long-term expectations. So what companies are going to invest in expanding their businesses and increasing employment if it is unclear that it will pay off from an economic standpoint or if they will be able reap the benefits of this expansion and risk taking if it will be seized through the upcoming hostile tax regime?

It will take a long long time for the USA to bounce back as long as Marxists are in change.

Wednesday, June 24, 2009

Quote of the day.....

Socialist society is a society of officials. The way of living prevailing in it, and the mode of thinking of its members, are determined by this fact.

-Ludwig von Mises - Austrian economist, philosopher, author and classical liberal who had a major influence on the modern libertarian movement and the Austrian School.

Tuesday, June 23, 2009

Healthcare, the big lie....

It looks like President Obama’s big-bang health-care reform is going down to defeat. This is good. But my question is why do we need it at all? According to a recent ABC News/USA Today/Kaiser Family Foundation survey, 89 percent of Americans are satisfied with their health care. That could mean up to 250 million people are happy. So why is it that we need Obama’s big-bang health-care overhaul in the first place?

There’s more. According the U.S. Census Bureau, we don’t have 47 million folks who are truly uninsured. When you take college kids plus those earning $75,000 or more who chose not to sign up, that removes roughly 20 million people. Then take out about 10 million more who are not U.S. citizens, and 11 million who are eligible for SCHIP and Medicaid but have not signed up for some reason.

So that really leaves only 10 million to 15 million people who are truly long-term uninsured
From here. So if 89% of people are happy with their healthcare, then why fix something that is not broken? Maybe it has nothing to do with better healthcare at all but some kind of sick need of Democrats (aka Marxists) to control more and more aspects of what will become completely pathetic lives.

Monday, June 22, 2009

Name: Neda Soltani, 16 years old.....



This is a horrendous video and and for any father (her father was with her for these awful moments) is a complete nightmare. The day before Father's day.

The people in Iran are showing that they are willing to stand up and fight for their liberty even in the face of possible death. This young lady, is another innocent victim of the brutal and repressive Iranian Islamic regime, a dictatorship that cannot be coddled or 'negotiated' with.

And one should keep in mind these two quotes by John Kennedy as we watch the whacked out Mullahs in Iran slaughtering their own children....
Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.

The cost of freedom is always high, but Americans have always paid it. And one path we shall never choose, and that is the path of surrender, or submission.
Of course, the bonehead in the Whitehouse today, the do Obamanothing is voting present on this one. Willing to submit the US as subservient to any Muslim crackpot, we are very lucky that the nation had GWB to do the heavy lifting in the Middle east for the previous 8 years.

Not one to stand on principles unless the principles are Marxist ones, the coward is unwilling or unable with his "incredible abilities" to articulate what has been a core principle of the nation and had defined the American spirit. This is now lost lost as we are led into a nihilist future. This clown, the Obamessiah, is an absolute embarrassment to any free man on the planet.

Saturday, June 20, 2009

Ronald Reagan speaks out 40 years ago against socialism....

Government socialized healthcare is just a short step to old style Marxism.....



We are just a short step from socialism and deadly Marxism. One day, when (and if) I get old, I will tell my grandchildren that I remember the days when Americans led the world in many things. But traded it all away for the sclerotic dead hand of ineffective and inefficient government control.

Thursday, June 18, 2009

Obamaninja.......





2 trillion tons of spending.



The coming disaster in healthcare

45% of 'uninsured' Americans can afford healthcare insurance coverage but choose other consumer goods instead....



Then another 11 million or so, about 25% of Americans that are eligible for Medicare and other title 11 programs, are uncovered since they haven't signed up for it. This is something that you rarely hear from the breathless American media that is intent on shifting the USA to a full Marxist footing.

Oh, the poor Sleezeball-in-chief can't sleep at night.....

The poor Marxist president can't sleep due to the gigantic budget deficits that are being run-up due to big socialist plans being battered about....
WASHINGTON (Reuters) - President Barack Obama said on Tuesday that worrying about the U.S. government's finances "keeps me awake at night" and the country needed to start planning now to tackle soaring deficits.
There are 2 possible solutions:
1. Spend alot less money
2. Raise taxes hugely
Take a wild guess what the Marxist is going do?

Wednesday, June 17, 2009

My gut tell me that the world is mishandling the swine flu siutation.....

There is some good information and real science, here.

But it seems to me, and this is purely opinion, that if this flu is truly a mild one, then they should allow it to run its course, unhindered. The more people that get it now the more immunity that the population has in aggregate tomorrow. The current response to close schools and to panic every time a case happens seems to be an unsustainable and maybe even unreasonable response. What is going to happen every year when the flu, this one or new ones, pass through the population? Are we going to be able to educate our children? Are we going to be able to transact business or commerce in a panic response environment?

Tuesday, June 16, 2009

Obamacare, doa.....

The boos erupted when Obama told the doctors in Chicago he wouldn't try to help them win their top legislative priority — limits on jury damages in medical malpractice cases.
From the leftist AP here. I actually wasted an hour or so listening this circus clown yap incoherently about healthcare (Who thinks this idiot is a good speaker? The new Messiah is a moron and sounds like a dope if one actually listens to what he says) and what fabulous plans the 'golden calf' has for the American public. Get something for absolutely nothing he implies, they will save billions by just showing up to the party. They will find all kinds of inefficiency and wring these out of the system. Idiotic American sops most of you are. You people deserve absolutely everything that you will get.

But, if these Democratic idiots are not willing to to change medical torts, then medical care in the US will NEVER NEVER NEVER be cheaper than it it is now. I listened for this and did not hear one single word on this topic. Just more of the same lunacy that I grew up with and the same bull that my dishonest relatives spew continuously on healthcare that promises to become the newest government bloated entitlement. Of course, trial lawyers are one of the largest donors to the Democratic party, so expect absolutely nothing effective to ever come of this sh*t show.

Monday, June 15, 2009

Import up-tp-date health advice.....

Q: Doctor, I've heard that cardiovascular exercise can prolong life. Is this true?
A: Your heart is only good for so many beats, and that's it... don't waste them on exercise. Everything wears out eventually. Speeding up your heart will not make you live longer; that's like saying you can extend the life of your car by driving it faster. Want to live longer? Take a nap.

Q: Should I cut down on meat and eat more fruits and vegetables?
A: You must grasp logistical efficiencies. What does a cow eat? Hay and corn. And what are these? Vegetables. So a steak is nothing more than an efficient mechanism of delivering vegetables to your system. Need grain? Eat chicken. Beef is also a good source of field grass (green leafy vegetable). And a pork chop can give you 100% of your recommended daily allowance of vegetable products.

Q: Should I reduce my alcohol intake?

A: No, not at all. Wine is made from fruit. Brandy is distilled wine, that means they take the water out of the fruity bit so you get even more of the goodness that way. Beer is also made out of grain. Bottoms up!

Q: How can I calculate my body/fat ratio?

A: Well, if you have a body and you have fat, your ratio is one to one. If you have two bodies, your ratio is two to one, etc.

Q: What are some of the advantages of participating in a regular exercise program?

A: Can't think of a single one, sorry. My philosophy is: No Pain...Good!

Q: Aren't fried foods bad for you?

A: YOU'RE NOT LISTENING!!!...Foods are fried these days in vegetable oil. In fact, they're permeated in it. How could getting more vegetables be bad for you?

Q: Will sit-ups help prevent me from getting a little soft around the middle?
A: Definitely not! When you exercise a muscle, it gets bigger. You should only be doing sit-ups if you want a bigger stomach.

Q: Is chocolate bad for me?

A: Are you crazy? HELLO! Cocoa beans! Another vegetable! It's the best feel-good food around!

Q: Is swimming good for your figure?
A: If swimming is good for your figure, explain whales to me.

Q: Is getting in-shape important for my lifestyle?
A: Hey! 'Round' is a shape!
Well, I hope this has cleared up any misconceptions you may have had about food and diets.

And remember:
'Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways - Chardonnay in one hand - chocolate in the other - body thoroughly used up, totally worn out and screaming 'WOO HOO, What a Ride'!

AND...

For those of you who watch what you eat, here's the final word on nutrition and health. It's a relief to know the truth after all those conflicting nutritional studies.
1. The Japanese eat very little fat and suffer fewer heart attacks than Americans.
2. The Mexicans eat a lot of fat and suffer fewer heart attacks than Americans.
3. The Chinese drink very little red wine and suffer fewer heart attacks than Americans.
4. The Italians drink a lot of red wine and suffer fewer heart attacks than Americans.
5. The Germans drink a lot of beers and eat lots of sausages and fats and suffer fewer heart attacks than Americans.

CONCLUSION:
Eat and drink what you like. Speaking English is apparently what kills you.
Cheers!!!!!!!

Friday, June 12, 2009

Wow, nice interview on the Obamessiah network also known as MSNBC.....



MSNBC... The Obamessiah network.... Kissing up and worshiping him 24-hours a day.

Its fun to see how rude someone is to another if one considers criticism of being unrepentantly liberal a slap.

Journalism has become worse than worthless as most of the old media, such as the TV networks and newspapers are nothing more than mouthpieces for Democrats. These people just cannot be trusted to deliver news. Such old papers such as the New York Times, that have been organs of the Democratic party for the better part of 2 decades is not only unreliable as a source of information but cannot be trusted that this information is accurate if it does not fit their leftist agenda.

As Charles Krauthammer said...
KRAUTHAMMER: What Fox did is not just create a venue for alternative opinion. It created an alternate reality.

A few years ago, I was on a radio show with a well-known political reporter who lamented the loss of a pristine past in which the whole country could agree on what the facts were, even if they disagreed on how to interpret and act upon them. All that was gone now. The country had become so fractured we couldn’t even agree on what reality was. What she meant was that the day in which the front page of The New York Times was given scriptural authority everywhere was gone, shattered by the rise of Fox News.
See, since the New York Times is not to be trusted, such other venues that were not so forthrightly leftist gained a large number of customers. So, Rupert Murdock and Roger Ailes that formed Fox News, met a large under-served demand and that is a news source that does not pander to leftists, Democrats and looks at things from a completely different angle.

Thursday, June 11, 2009

Huh?

A recent article that I saw in the paper here....



What fun is rugby if one cannot abuse women? I thought that it was just the players on the field that one should abuse. One rugby aficionado told me that there is a difference between something like Rugby League and Rugby Union. One abuses the other does not. Is it in their charter?

Tuesday, June 09, 2009

Huge profits coming your way at at General Motors.... as soon as they get AMTRAK straightened out.....

The idea that the Obamessiah and his bug eating Renfields can magically make GM profitable is as likely as the pipe dream of a profitable passenger AMTRAK railroad business that has been so fantastically run and managed over the 35 years under government tutelage....
It is reasonable to assume that GM will become profitable -- if you make unreasonable assumptions about annual vehicle sales and GM's share of the market. Besides, the government that runs Amtrak (which has lost $23 billion, in today's dollars, just since 1990) vows to make GM efficient.

But one reason Amtrak runs on red ink is that legislators treat it as their toy train set, preventing it from cutting egregiously unprofitable routes. Will Congress passively accept auto plant-closing decisions? Rattner says that Washington's demure vow is: "No plant decisions, no dealer decisions, no color-of-the-car decisions."
Rrrrrrriiiiiigggggghhhhhhhtttttttt.

George Will. And after the wonderful efficiency created by AMTRAK and the miraculously raised from the dead Lazarus Motors (GM)the super egg head brilliant people in the government are going to make healthcare more efficient, effective and cheaper. I just cannot wait.

Gingrich vision for America.....

He is definately much more hopeful than I am. I think that too many Americans think that they can seize other peoples assets/work/valuables and use them for their own consumption whether it is for the absolutley essential and life threatening and deadly needs of paying for routine doctor bills or receiving a more than subsitance payment upon attaining a certain age and/or for nearly anything else that can be dreamed up in the 'golden calf' Washington.

I think that we have reached to point of no-return on the slippery slope towards socialism (communism)where it will become increasingly necessary to put more-and-more of American life onto the silver platter of government caretaking as more and more stress builds up into these bloated non-economic static government systems....

Babes, Bikinis and a delicious submarine sandwich....

Monday, June 08, 2009

Saturday, June 06, 2009

Lets assume that what we have seen since the market bottom in March is the beginings of an economic recovery.....

There are signs that the economy might be recovering. This optimism may turn out to be unfounded. Or it may turn out to be justified. But the reason I mention that only $36 billion of the stimulus has been spent in the first 3+ months since the stimulus bill passed is to remind people that we were told that we needed to spend $787 billion urgently without discussion or thought to save the economy and that the reason it would work was because It—and "it" is the spending of this enormous sum of money—would create jobs. It would create jobs by stimulating aggregate demand in the face of a slump in consumer spending. If indeed the economy does recover—the so-called V shaped recovery, then it cannot be via this increase in aggregate demand caused by government spending.
From here.

So if the economy is in fact recovering, its not due to the central government spending deemed so necessary several months ago that $787 billion had to be wasted on legislators pet projects.

Ah, but as one may point out, economies sometimes turn around on expectations. So the expectation that the porkfest will turn the economy around actually bolsters the investors and consumers confidence and then the economy does all the heavy lifting and turns around. So, then I offer this: If its just expectations, then why not just announce gigantic stimulus packages, skjillions of dollars and then actually never spend the money. This would be the best outcome, economic recovery and no debt to payoff in the future associated with wasteful spending.

So, if its true, that the economy is actually recovering when the stimulus money has actually not been spent, then we can also safely deduce that stimulus money that is actually spent is therefore unnecessary and therefore wasteful.

Friday, June 05, 2009

What would Milton Friedman think about the government intervention in the economy today?

Well, he's dead. But as this piece argues, his thoughts are still appropriate...



There is WSJ piece that I cannot embed, here.

As his widow said, we are seeing the death of common sense. Humans WILL return to being humans again one day and real capitalism will come back and the sclerotic socialist period that the USA is entering now will eventually end.

Thursday, June 04, 2009

See ya, Israel.....


Wednesday, June 03, 2009

Tough times in detroit?

Then why is it that foreign car manufacturers find the US such a good place to build cars? About 6 of the 15.5 million cars built in the USA were from these foreign transplants. These foreign transplants hire US workers to assemble cars and buy parts from US manufacturers. Foreign [parts manufacturers are also building their own plants here to produce these parts that also hire local workers. So what's the problem?
Despite what you hear from Detroit, our country is a great place to build cars and trucks. The best auto companies in the world are building cars here and plan to expand production in the future.

Toyota Motor (nyse: TM - news - people ) recently opened a new plant in Texas, and is building another factory in Mississippi. The company built 1.3 million cars and trucks in North America last year, most of them in the U.S. Our country is the source of the largest share of Toyota's huge operating profits, probably close to $20 billion in its present (March 31) fiscal year.

Honda (nyse: HMC - news - people ) is building a new plant in Indiana, and its North American production was more than 1.4 million, of which it built 1 million in the U.S. Like Toyota, America is the heart of Honda's profit machine, and its American production was up from the year before. Honda has a huge car-building operation in Ohio, and it has a new factory going up in Indiana--not exactly the Sunbelt.

Nissan (nasdaq: NSANY - news - people ) has been building cars in Tennessee for years, and now has a new plant in Mississippi. BMW production in South Carolina was 150,000 last year, up nearly 40%, and the Germans just announced that they are spending $750 million to raise capacity to 240,000 a year, and will move X3 sport utility production from Europe to South Carolina. Kia of Korea is building a new plant in Georgia, its first here, not far from the new Hyundai plant in Alabama. Volkswagen (other-otc: VLKAF - news - people ) is thinking hard about building a factory in the U.S., too, and may make an announcement by summer, with the Carolinas and Georgia believed to be in the running.

Of the 15.5 million vehicles built in North American last year, most of them in the U.S., foreign manufacturers accounted for 6 million. They pay good wages and benefits but have an advantage over Detroit with younger, lower-seniority workers and smarter and lower benefit costs. I expect the foreign companies to continue to expand, not only because of their sales growth and the depreciation of our U.S. dollar against their home currencies, but because productivity and quality are high in the U.S.; the market is strong and so are profits. Of course, there are a few exceptions. Volkswagen, for example, still has trouble figuring out the U.S. market, and after years of decline, Isuzu just announced it was quitting the light-vehicle business in the U.S.

Detroit's competitors now have more than U.S. assembly plants, as they are also building design and engineering facilities and test tracks in America. These companies also buy parts from U.S. parts makers or from foreign suppliers that have put up factories in this country.
From here. Its easy to blame foreigners for our problems. Its a typical argument when the real problem is home grown and people do not want to face the hard truth and realities of today's world. Blaming foreigners is an argument founded on personal or societal weakness.

So, why an what? Is it management? Probably. Is it that foreign management is more capable than US domestic? I do not think so. The management problems that are destroying the big 3 automakers were crafted post WWII, 50 years ago (with kudos to FDR and his creation of the super-powerful unions).

The labor-management compact made then, where above market rate incomes were formulated in a world where external competiton was both non-existant and never even imagined burdened the companies with unsustainable labor costs and uncompetitive rules. Other companies and industries that were founded on similar models such as the airlines, have suffered multiple bankruptcies that have changed the management-labor relationship within the industries affected. So, they have had to adapt. However due to the special place that automobiles hold in the American psyche, automobile companies have been able to scrape by for decades.

Now, the US automobile industry has to face reality. The recent government intervention will probably prove an unbelievable fiasco where taxpayer will foot a gigantic bill just to delay the inevitable, but this is just a warning shot across the bow for Americans. The next big threat will be with state and local governments that have large, expensive and unsustainable union led labor models. they will also face unbelievable financial pressure similar to that of the Auto companies. But here, there is not a competitor coming in to deliver goods and services that are better or cheaper like in other industries. These goods and services are delivered by a monopoly government. It will be interesting to see how this is addressed.

Tuesday, June 02, 2009

Some quotes to think about today.....

1. Liberty in all forms... economic and personal are always challenged by the self proclaimed elite, elected or not. Everyday individual liberty is under assult and a case must be made vigorously to protect it.

2. Many have found defense of liberty a hard price to pay. While others have found it much easier to surrender to the chains of Government.

3. A patriot must always be ready to defend his country against his government.

4. Mankind is at its best when it is most free. This will be clear if we grasp the principle of liberty. We must recall that the basic principle is freedom of choice, which saying many have on their lips but few in their minds.

5. When the government fears the people there is liberty; when the people fear the government there is tyranny.

6. The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.

7. Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the rights of the individual

8. The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.

9. I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

10. Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside of the control of Congress and manipulates the credit of the United States

11. Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue.

Quotes with the authors, here.

Funny headline of the day....

Read it and weep...
Geithner tells China its dollar assets are safe
Of course, no one with half a brain would believe this and the audience did not....
"Chinese assets are very safe," Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

His answer drew loud laughter from his student audience, reflecting skepticism in China about the wisdom of a developing country accumulating a vast stockpile of foreign reserves instead of spending the money to raise living standards at home.
I would laugh too but its sad that Chinese students are mocking and ridiculing the American government but it is well deserved, giggle here, too.

Its quite embarrassing to have to go to China to assure the owners of a gigantic amount of US debt securities that the value of their holdings are safe. It is far from a safe conclusion that the 'value' is safe.

Since the Obamessiah intends of adding gigantic new social programs that will cost massive amounts of money in addition to the huge wasteful 'stimulus' and the typical out-of-control spending, the 'golden calf' in Washington needs to keep selling unthinkable amounts of of public debt. Since China is paid 10's of billions of US dollars in interest on this debt, at a minimum, the US government wants them to utilize these flows to buy more securities and continue to add to their position.

The reality, is that China is in a very difficult position. If they do not continue to buy, then they must deploy these assets into investments of other currencies and this redeployment may cause a rapid decline of the US dollar hurting the dollar holdings that they already have. So they have limited ability to redeploy.

Additionally, coming tax increases in the US will keep growth weak there and a problematic monetary policy that has pumped massive amounts of liquidity into the system must be withdrawn at one point causing much higher interest rates otherwise, the world will see a troublesome inflation.

The only way that the US can dig itself out of the 70-year socialist hole that it has been digging is to stop digging. But the campaigner-in-chief is proposing more of the same digging. The hole will only get bigger. At the end of the day, the Chinese are going to be very sorry that they are holding so many treasuries and US dollar based assets.

Monday, June 01, 2009

The heroin addict in Washington wants even more money....



Like Willy Sutton, who robbed banks because that was where the money is, The US government is looking to increase already high taxes on American corporations. Taxes on US corporations are already among the highest in the world giving American producers a cost disadvantage. Since most foreign companies do not pay taxes in home jurisdictions for business conducted outside their home states, they have lower net costs of production to that of an American company.

As a result, the US has allowed companies to earn overseas with out paying taxes as long as they do not repatriate the profits. Seems like a very silly thing. It would be better to bring profits home to invest at home? Not in the bizarro world of Washington.

Now, the Obamessiah, looking for new sources of revenues for all of his wasteful social engineering, is looking for new sources of revenues for these Utopian plans. What better place than corporations. So here is some untaxed money that through a stroke of a pen, the addicts in Washington can seize for their grandiose plans.

However, the long-term consequences will be terrible. American companies will not only be disadvantaged overseas, it will exacerbate the trend towards outsourcing American jobs overseas as foreign companies will have a clear advantage of either being able to charge lower prices or adding more quality than American producers can at the same price.

These idiots in Washington are determined to destroy what little incentive there is to produce, save and invest in the US. The socialism, high taxes and repressive government intervention int eh markets will eventually kill the goose that laid the golden egg for Americans. Best of luck, see how far affirmative action will have gotten you!!!!

Election intimidation.....



I guess its OK if the Black Panthers hang out in front of a poling station with weapons but its not appropriate for the polling workers to check blacks for identification since it may intimate them.

Pravada, the Russian proganda news machine, probably knows what they are talking about here.....

The USA is quickly becoming a socialist nation (here)....
It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.
And this socialism will probably be accompanied by all of those wonderful things that communists like to use to keep the population in line. such wonderful things as muzzling the press, reducing economic opportunity, taxing people so that they do not receive the benefits of their extra labor or abilities, etc.

But they think that there are several things that have driven the US into the socialist abyss....
They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights.

Then their faith in God was destroyed,

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison
Hope an change? There is no hope for the future for a nation that wants handouts for everything. The change that we have is that we have a product of affirmative action gaining the highest office in the land. Its not ability but the genetic makeup that counts. Good luck USA, you are in for a wild ride.

THE PLAN.....

A. Back off and let those men who want to marry men, marry men.

B. Allow those women who want to marry women, marry women.

C. Allow those folks who want to abort their babies, abort their babies.

D. In three generations, there will be no Democrats.
Sounds like a plan to me!!!