RTCS

Musings on the Week

Return to Common Sense

February 2, 2013

 

Democracy – When the eagles are silent, the parrots begin to jabber.” Winston Churchill.

Politics – Democrats have demonstrated that they can elect an “empty suit” as President and re-elect him after a failed 1st term, so why bother with Clinton or Biden in 2016?

Politics – Obama’s political strategy is that he doesn’t really want to pass legislation, he’d rather propose legislation that fails so he can blame Republicans for his lack of results.

Politics – Republicans such as Marco Rubio and Bobby Jindal are marketing themselves as national leaders with new and better ideas for long standing political problems.

Media – Media bias was obvious when ABC and CBS both chose to cover a pro-gun control rally with “close to a thousand” participants, while ignoring the pro-life rally with over 500,000.

Politics – I expect the TEA Party movement to re-emerge as the new taxes and regulations hit, and the “second half” of our 2008 recession hits full force (as if it ever really stopped).

Media – The MSM downfall has already begun, but I expect this avalanche to continue after Newsweek with layoffs at the New York Times and the Washington Post.

Regulations – If you have ten thousand regulations, you destroy all respect for the law.Winston Churchill.

Economy – The new normal of Obama’s economy is anemic job growth, chronic long-term unemployment, falling wages, and a discouraged population!

 

November 2008

January 2012

Change

Federal Spending

$2.75T

$3.54T

+$.79T

National Debt

$9.99T

$16.50T

+$6.51T

Food Stamp Participation (000)

31,800

48,200

+16,400

Labor Force Participation Rate

65.8%

63.6%

-2.2%

Employed (000)

144,078

143,322

-756

Employment Population Ratio

61.4%

58.6%

-2.8%

Unemployed (000)

10,538

12,332

+1,794

Unemployed - 27+ wks (000)

2,216

4,708

+2,492

Average Weeks Unemployed

18.9

35.3

+16.4

Unemployment Rate (U3)

6.8%

7.9%

+1.1%

Underemployment Rate (U6)

12.7%

14.4%

+1.7%

Inflation Rate

.1%

1.7%

+1.6%

Misery Index

6.9

9.6

+2.7

Average Price/Gallon Gas

$2.21

$3.70

+$1.49

Global Competitiveness Index

1

7

-6

Economic Freedom Ranking

5

18

-13

Quality of Life Index

13

16

-3

Economy – Quantitative Easing has actually impeded the economy: enabling government over-spending, delaying the writing off of bad bank loans, and hurting private lending.

Economy – Detroit, Michigan may be a harbinger of what may happen at the federal level: generations of Democrat leaders, bankrupt economy, failed schools, and rampant crime.

Jobs – Obama is all talk, no action” on his “top priority, jobs,” having just dismissed his Jobs Council after not meeting with them in over a year and the job creation has gotten worse.

Debt – Inability or unwillingness to fix state’s hemorrhaging pension system and curb union power has led Standard and Poor’s to downgrade Illinois credit rating to lowest in the nation.

Taxes – Socialist Brazil has cut the size of government, strangled inflation, opened markets, and privatized state-owned industries producing economic growth and low unemployment.

Environment – Climate change agreements failed in the United Nations, while cap-and-trade legislation failed domestically, so now Obama will try to implement though regulation.

Welfare – Japan has slashed welfare to lower benefits below the level that a low-income person spends on living costs to remove the incentive to stay on the dole and not work.

Welfare Food stamp studies indicate these programs are ineffective at ensuring nutrition to those in need, but do encourage a dependence on this free money for other purposes.

Abortion – Roe v. Wade cost 55 million lives and pitted mother against child, mother against father, father against mother, and society against the greatest and most cherished gift: life.

Immigration – There is bipartisan support for comprehensive immigration reform, but the implementation details and priorities may undermine consensus on final solutions.

DeficitI expect one or more states to declare bankruptcy and seek assistance to recover from the bad economic decisions of the past under federal judicial protection.

Housing I expect that it will take four or more years at the current rate for the backlog of foreclosures to finally clear, before we see any signs of life of a robust housing recovery.

Courage – Never give in – never, never, never, never, in nothing great, large or petty; never give in except to convictions of honor and good sense.  Never yield to force; never yield to the apparently overwhelming might of the enemy. Winston Churchill.

Foreign Policy Hillary Clinton may be the worst Secretary of State, much traveled but with no real accomplishments, and she will be replaced by John Kerry who may be even worse.

Foreign Policy Political appointees, up to and including the Secretary of State, undermine our ability to protect American interests abroad and project American power internationally.

Defense – The worst thing the military can do to allow women in combat is to impose artificial quotas by sex to military specialties that have specific physical and capability requirements.

Defense Women are four times more likely to report ill, and the percentage of women medically non-available at any time is twice that of men making staffing even harder.

Defense Double standards generate resentment on the part of military men, which in turn leads to cynicism about military women in general, including those who didn’t need it.

Defense – Current sequestration law requires the Army to cut 100,000 troops in five years, in addition to planned cuts of 80,000 soldiers, severely limiting future operational readiness.

Israel – The Obama administration intends to de-couple the United States from Israel and adopt a more independent attitude towards the Middle East opening Israel to blame.

Syria – Israel unapologetically destroyed a convoy from Syria to Lebanon containing SA-17 anti-aircraft missiles as well as chemical weapons headed for use by Hezbollah terrorists.

Libya – The Benghazi study whitewashed the security failure by Clinton prior to attack, abandonment by Panetta during the attack, and Obama’s cover-up after the attack.

Libya – Will we ever learn who denied requests for additional security, who told the military to stand down and not help, and who created and nurtured the false media narrative?

Israel I expect that Israel will be attacked by Hamas and the IDF will retaliate by invading and then re-annexing Gaza based on defensible borders and 1920 San Remo Conference.

Israel – I expect that Israel will suffer a nuclear attack from Islamist extremists, and Obama will talk a lot, but stand aside and refuse to help defend this longtime ally.

Asia – I expect that North Korea will attack South Korea and attempt to reunite Korea, and Obama will be unable” to support our troops and will negotiate for a stalemate.

 

David Coughlin

Hawthorne, NY       

www.ReturnToCommonSensesite.com