sunset from behind the wire

sunset from behind the wire

Thursday, November 4, 2010

Hotel California

"They livin'it up at the Hotel California ...They gathered for the feast. They stab it with their steely knives but they just can't kill the beast!"
"You can check out any time you want But you can never leave!"

Californians are experiencing record unemployment. CBS reported that unemployment and underemployment in The Golden State is 22%. Unemployment approaches 15% in several large counties. Home foreclosure rates are exceeded only by Nevada. 

The solution: Jerry Brown. What did Brown suggest as a solution (no, I'm not making this up)? Electric cars. The state budget gap for 2009-10 was $45.5 billion, or 53% of total state spending — the largest in any state's history. Does Brown have any suggestion about what will happen in the future as welfare payments to the masses are among the highest in the nation? It seems that he will fall back to the concept of alternative fuels. Is Jerry Brown a drooling idiot? 

Meg Whitman was an unpleasant alternative to Governor Moonbeam - but she was better than Brown in any possible universe. Therefore who is worse, Governor Brown or the people that propelled him into another term in office?

California is toxic to business and the flight of jobs out of California will only increase as time goes on as it continues to be a sanctuary state to hoards of illegal aliens, who receive health, welfare and human services at an estimated annual cost of $10.5 billion. 

Soon, Governor Brown will mount an official plea to President Obama to reward California with a federal bail-out, as the state goes completely bankrupt. That is unlikely to happen with a House of Representatives in the hands of the GOP.

A thought for the day

I normally don't cut and paste from other people's blogs, but have below - from the heroic Pamela Geller from Atlas Shrugs.
There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide. “Foreign Policy Drains U.S. of Main Weapon,” Ayn Rand, Los Angeles Times, Sept. 9, 1962, G2
(graphic leftt, h/t DALE)

Higher taxes imposed on the rich (and the semi-rich) come out of their investment capital (i.e., their savings). These taxes mean less investment, i.e., less production, fewer jobs, higher prices, etc. By the time the "rich" lower their standard of living, those who work in their companies or subcontract with them will be gone, along with their savings and their spouses' jobs — and no power in the world (no economic power) will be able to revive the dead industries (there will be no such power left). This is paraphrasing Rand decades ago, in “The Inverted Moral Priorities."

We are done with lies. We are done with "it's Bush's fault." We are done with "Obama inherited the second Great Depression." No. Obama's policies led to a great coming depression. Obama talks about Bush spending? The utter gall. Bush was Jack Benny to Obama's prolifigate mack daddy warbucks. The left can spin it any way they like -- the economic emergency of 2008 was a direct result of Democrat entitlement/financial policy: Carter's Community Investment Act (CIA), Clinton's sub-prime push and the ensuing Barney Frank Freddie Mac/Fanny Mae plunder. I do not fault Bush war expenditures. We are at war with a ruthless, bloodthirsty savage ideology that has no humanity. No expense can be spared in defeating jihad. Obama's sniveling like a little girl falls on deaf ears when you consider the trillions he stole from us for no reason but to pad the pockets of his shadow government.

You might find it worth the effort to click on the link above and read the entire article on Atlas Shrugs.