Musings on the Week
Musings on the Week
August 17, 2013
Prosperity – “.” Winston Churchill.
Politics – When the leader is unable to laugh at himself, such as a masked rodeo clown, then it is a sure sign of narcissism, insecurity, and self-defined regal self-centeredness.
Politics – The only ones talking about and threatening a government shutdown are the Democrats, preferring this hyperbolic alternative to making needed budget compromises.
Politics – Hillary Clinton would not be a poor President because she is a woman, but because her out-of-touch liberal policies and statist philosophy hurt both men and women.
Media – Today’s media is no longer merely biased, no longer even ignoring the news, now they are in the news suppression business ignoring stories that don’t support their agenda.
Media – As new technologies emerge, I expect Twitter will go the way of telephone party
lines doomed by personal privacy issues and a lack of any viable business case.
Prosperity – “Government 'help' to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off.” Ayn Rand.
Debt – For the third month the Treasury Department published that the federal government’s debt remained $25 billion below the debt limit, but again had to use accounting gimmicks.
Debt – The federal government under-estimates the size of the debt: $70 trillion vs. $16.9 trillion, leaving out unfunded liabilities ie: loan guarantees, deposit insurance, and trust funds.
Equality – Income equality has been disproven as a systemic salary discrimination problem, but rather the natural benefit of voluntary quality-of-life career choices.
Education – A cost-benefit analysis of government provided education investments reveals exploding costs with no corresponding achievement progress.
Healthcare – ObamaCare was purposely designed as a flawed health insurance-based plan, designed to collapse requiring the government to step in as the single-payer option.
Housing – Obama proposes to replace Fannie Mae and Freddie Mac with another federal agency to guarantee and securitize mortgages, instead of exiting the reinsurance business.
Housing – HUD is trying to use zoning demographics to impose affordable housing targets so communities will have politically correct economic development and racial diversity.
Energy – Despite data to the contrary, $100′s of millions wasted on failed "green" energy projects, and climate change a low national priority, Obama still wants the nation "green."
Crime – A critical success factor in law enforcement is the ability to use criminal profiling quickly and accurately to identify potential perpetrators, based on crime statistics.
Deficit – I 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.
Prosperity – “If we desire to avoid insult, we must be able to repel it; if we desire to secure peace, one of the most powerful instruments of our rising prosperity, it must be known, that we are at all times ready for War.” George Washington.
Libya – When will Congress finally get around to asking the military leaders who gave them the explicit order to stand-down and abandon the Americans under attack in Benghazi?
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.