Musings on the Week
Musings on the Week
February 14, 2015
Government - “The spirit of resistance to government is so valuable on certain occasions that I wish it to be always kept alive.” Thomas Jefferson.
Politics – We Americans elected and re-elected a used car salesman to the most important office on the planet, and everyone got a lemon. The first time was because so many of our citizens have been conditioned to feel guilty about wrongs done before we were born; the second was because so many of us are simply stupid.
Politics – Obama gives Iran everything it wants on the march to nuclear weapons and invites the murderous Muslim Brotherhood to the White House, but won’t meet with Republicans or the prime minister of Israel.
Politics - This week’s distractions from the stagnant economy and ObamaCare: Brian Williams self-promoting exaggerations and invitation to Netanyahu to address Congress.
Politics – There is no way Hillary Clinton can repackage herself as anything other than old recycled ideas based on the same failed ideology advised by the same campaign team.
Politics – National support for Elizabeth Warren is a figment of MoveOn.org’s imagination, since her role is to make Hillary Clinton seem thoughtful and accomplished by comparison.
Politics – For someone supposed to be the inevitable Democrat candidate, Hillary Clinton is certainly keeping a low profile limited her exposure and her opportunity for gaffes.
Language – ’Need' now means wanting someone else's money; 'Greed' now means wanting to keep your own money; and 'Compassion' is now when a politician arranges the transfer.
Economy - “Never spend your money before you have earned it.” Thomas Jefferson.
Jobs – The jobs market has recovered in significant ways, but remains far from fully healed with less people working today than six years ago when Obama took office.
Economy – Last year was the ninth consecutive year in which the economy grew less than 3%, and if it wasn’t for gains made by the well off, there wouldn’t be a “recovery.”
Finance – The European Central Bank is repeating the mistakes of the Federal Reserve and the Bank of Japan, embarking on quantitative easing to try to resuscitate their economy.
Debt – Seven years after the bursting of the global credit bubble resulting in the 2007 financial crisis, all major economies today have higher levels of borrowing relative to GDP.
Debt – Only in four countries, Ireland, Spain, the United Kingdom, and the United States, has household debt decreased, while their governments have increased their overall debt load.
Banking – The Wall Street mega-banks encourage their senior executives to transition to senior levels of government by providing incentives to compensate for lowered salaries.
Taxes – While the prospects for tax reform in Washington are dim, as many as 20 Republican governors are moving forward with their own pro-growth tax-relief initiatives.
Social Security – Four nations, Chile, Australia, Sweden and Netherlands, have all transitioned to individual pension systems to replace their unsustainable defined benefit programs.
Immigration – The United States has accepted almost two new immigrants (18 million total) for each additional job created (9.3 million) since 2000, according to federal data.
Immigration – The IRS confirmed that illegal immigrants granted deportation amnesty are entitled to collect additional tax refunds under President Obama’s plan for immigration.
Energy – The EPA is using artificially inflated carbon dioxide reduction rules as a bludgeon to choke off all new technologically-advanced coal-fired electricity production.
Environment – Further undermining their credibility, over many years multiple government climate organizations have been caught “adjusting” official historical temperature data.
Environment – States are waking up to the harm done by U.N. “Agenda 21” control over our lives: land use, education, population control, health care, and economic downsizing.
Justice – The DOJ under Eric Holder has been politicized and will take multiple Republican administrations to purge the embedded partisan lawyers from within its ranks.
War - “I have seen enough of one war never to wish to see another.” Thomas Jefferson.
Foreign Policy – Obama has a new name for incompetence: “strategic patience” debating policy problems until it is too late to solve them or simply deny the problems even exists.
GWOT – The medieval Crusades were fought to stop repeated Islamic colonial oppression and religious persecution of Christianity in the Middle East and Europe.
GWOT – Obama offered moral equivalence between 12th century Christianity and 21st century Islam, ignoring all positive changes made in the last 900 years, to justify atrocities.
GWOT – President Obama rejects most national security experts’ advice and instead lets his own perspective guide his strategy to let Islamists rule because he feels they will only fail.
Middle East – The proposed Authorization for Use of Military Force repeals and replaces previous AUMFs, but is self-limiting in time and tactics and self-defeating in concept.
Yemen – The Shiite Houthi militia has completed their takeover of North Yemen despite administration claims of success in their war on Islamic extremists in this country.
Cuba – Obama’s “historic” outreach to Havana to “normalize relations” is doomed because Cuba is now demanding unacceptable economic, financial, and political pre-conditions.