Musings on the Week
Return to Common Sense
November 17, 2012
Equality – “Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” Alexis de Tocqueville.
Politics – Obama, not satisfied being the worst one-term President since Jimmy Carter, he is now striving to be the worst President of all time, with the worst record of all time.
Politics – Obama will suffer the second-term curse: President wins re-election, but then the Presidency implodes in scandals and disasters (Fast and Furious, Benghazi, voter fraud, etc.)
Politics – Today’s electorate does not care about personal integrity, nor competence with actual measurable results, nor about being a transparent leader when selecting a President.
Politics – Romney never embraced the TEA Party movement, so the TEA Party accepted, but never really embraced Romney for President, and never really mobilized for his support.
Politics – It is too bad that so many people are disillusioned enough to symbolically petition for secede from the U.S., expressing frustration and disconnect from our federal government.
Politics – Moderation and capitalism lost in the election, so Republicans must not be afraid to “Just Say No!” to any political compromise that compromises conservative principles.
Politics – Thank God that the election is finally over so the robo-calls will finally stop.
Politics – The private lives of our public figures were relevant only if they directly affected their public responsibilities, but now only Republicans view dishonor as cause for resignation.
Media – The MSM continues to hemorrhage readers, with political ads in the 2012 election propping them up, but I expect the MSM to begin failing, with Newsweek the first to go.
Success – “The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.” Arthur C. Brooks.
Deficit – Exit polls found 63% of voters said taxes should not be raised to help cut the budget deficit, so tax rate increases must not be included in any solution to avoid the fiscal cliff.
Deficit – Obama can now proudly claim the four largest deficits in modern history, even though tax revenue continues to grow to historic highs under the current Bush tax rates.
Deficit – California approved raising state income and sales taxes while increasing spending, debt and the size of government, gambling that the federal government will bail them out.
Deficit – The Illinois pension program has unfunded liabilities of over $200 billion, and the 2011 budget deficit of $44 billion, so the 2012 budget seeks a federal guarantee of pension debt.
Jobs – Many companies saved their layoff announcements of thousands of workers until after the election, citing increased cost of doing business under the Obama administration.
Energy – The BLM continues to put a large swath of western federal lands off limits to oil shale and oil sands leases that hold the potential to develop more than a trillion barrels of oil.
Healthcare – A record 70.4 million people were enrolled in the Medicaid healthcare program in FY 2011, and ObamaCare expanded eligibility to those on 133% of federal poverty level.
Healthcare – ObamaCare waivers turned out to be basically worthless since they only delayed the inevitable implementation required by this monolithic healthcare takeover.
Elections – Obama did not win a single state that fully requires photo IDs to vote, and states that struck down vote ID laws were the ones with 100% Democrat results or over 100% voting.
Debt – I expect that the country’s credit rating will again be downgraded after Congress debt ceiling discussions again fail to find sufficient spending cuts to halt deficit spending.
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.
Democracy – “It has been said that democracy is the worst form of government except all the others that have been tried.” Winston Churchill.
United Nations – Ambassador Susan Rice was a placeholder who accomplished little beyond filling the seat, and being a complement to an ineffective Secretary of State Hillary Clinton.
Libya – General Petraeus scandal is a shame, promoted as a distraction from the real cover-up of dereliction of duty by the White House that abandoned Americans in peril in Benghazi.
Israel – I expect that Israel will be attacked by Hamas and the IDF will retaliate by invading and then annexing Gaza based on the concept of defensible borders.
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.