Tag Archives: Economy

Deadliest July In Chicago

65 people killed in Chicago in July, a toll that pushed the number of homicides in the city this year to nearly 400.  The total for all last year was 490. By comparison, total U.S. casualties in Operation Enduring Freedom for this year is 5.

It was the deadliest July since 2006, when 65 homicides were also recorded, according to Chicago Police Department records.  Police Superintendent Eddie Johnson noted that the month was still lower than June, when 72 homicides were reported.

That was for July. In less than a week for August, between last Friday afternoon and early Thursday, at least 99 people were shot in the city, 24 of them fatally.  At least nine people were killed on Monday alone, the deadliest day in Chicago in 13 years, according to Tribune data. Among the wounded that day was a 10-year-old boy shot in the back as he played on his front porch in Lawndale. That’s a 4:1 shoot/kill ratio.

Here’s a stunning statistic for you to ponder.  40 of the weekend’s shooting victims had been arrested 672 times.

Those killed over the weekend included 23-year-old Abner Garcia, an Army veteran with no criminal history, and 19-year-old Arshell Dennis, a college student whose father was a police officer. On Sunday, a 6-year-old girl became the third child under 10 to be shot in the past week, and a pregnant woman was shot in her chest.

When and how will it end? It won’t end until Democrats own up to the destructive nature that their feel-good social engineering is having on poor people; Black, White, and everywhere in between. Patrick Smith, the father of the  armed thug who was shot this weekend in Milwaukee, got one part of  the problem right when he said . . .

“Being on the street, doing things of the street life: Entertaining, drug dealing and pimping and they’re looking at their dad like ‘he’s doing all these things.’ I got out of jail two months ago, but I’ve been going back and forth in jail and they see those things so I’d like to apologize to my kids because this is the role model they look up to. When they see the wrong role model, this is what you get.”

If you’re think that giving illegal aliens a drivers licenses will save innocent victims from their DUI and hit-and-runs, then I have a suggestion for cities like Chicago where gun violence is so prevalent. If just one innocent life could be saved . . .  Innocent lives would be spared if the thugs had better marksmanship skills with their illegal guns. If, through proper weapons training, we could get their efficiency closer to 1:1 than 4:1, then that little 6- yr-old girl would be alive today. It’s a win-win.

Why I’m Voting For Trump

What a disappointing campaign season this is. Not for the lack of media bias, lies and obfuscation, but for all the political noise that is keeping Hillary Clinton and her record off of the front page. Have you noticed that her poll numbers rise the less she is heard? It is the reason she hasn’t had a real news conference in 249 days.

One thing about Democrats and the media you can count on is this. They will tell you who they fear the most by the focus and intensity of their attacks.  And it is unquestionably, Donald J. Trump.

There’s a curious contradiction in the campaign coverage going on. All we hear from the media is that the Trump campaign is going down. Trump’s ratings are falling and, he should drop out of the race, and Republicans should pick someone else. (reassuring to know that the media cares  so much for Republicans that they are giving them free advice)  If all that is true, or if they believed what they were saying, one would think that they would be happy, ignoring Trump and talking about all of Hillary’s accomplishments. Oh wait . . .

What’s different? Why does Trump get the support he does? What people need to understand about him is, he’s not a politician. And he’s not a community organizer hell-bent on fundamentally changing the country. He’s a successful CEO of a multinational private company.  And like all successful CEO’s, he’s a problem solver who knows how to get things done with minimal cost. And, keep the relationship between the people and the government the way the founding fathers intended it to be.

There’s nothing this country needs more than a pruning of needless and ineffective bureaucracies that, contribute to a bloated government (taxpayer’s overhead) and, are holding back our economy. You’ve heard politicians pledge to rid the government of waste, fraud, and abuse from the time you began listening to them.  And no one, not even the “watchdog media,” can point to where that ever happened. What has the politicians in both parties so unscrewed this time is that, in addition to that, he’s going to do the pruning that needs to be done to make government and their power smaller by transferring the power to the people, where it started and where it belongs.

Because he, as a CEO, has done it before, Trump is equipped, and committed, to actually doing this for our country. He calls it “Make America Great Again.”

Came across this in social media today, with a couple of enhancements from yours truly.  Suitable for spreading around.

Continue reading Why I’m Voting For Trump

$15/hr Quid Pro Quo

Consider what the political Left, beholden to Big Labor, tell you about raising the minimum wage, then piling on ‘living wage’ on top of that. Then look at this video.

All you need to know from me is, it’s Big Labor who wants the minimum wage to go up. And for their own selfish reasons.

For labor contracts tied to the minimum wage, those workers will get an automatic raise. On top of their already over $45/hr in wages and benefits they are getting. (Non-union is just over $32/hr)

Democrats advocate it to complete the money laundering scheme. That would be the campaign contributions, the ground support, and the Astroturf protestors that supporting Big Labor affords them for supporting Big Labor. And for advocating to increase labor union membership. The latter of which is no business of the federal or state government.

Obama and Hillary like to talk about the wage gap. They aren’t looking at the wage gap, that is getting wider, between union employees and non-union employees. 

Their sales pitch to you sounds so compassionate. But, to say that by forcing employers to pay an artificially high wage will act as an economic stimulus is just not based in economic experience. The laws of economics, like the laws of gravity, can not be changed. They are what they are.

MinWagePayneThe consequence of a $15/hr minimum wage will increase unemployment and, put those entering the workforce at a disadvantage. Neither of these consequences will  help the demographic (the voters) that these politicians say will be helped. Black youths are hit the hardest. The only demographic that will be helped is Big Labor, and the DNC.

ACA Fail, On Schedule

The collapse of the Affordable Care Act, aka Obamacare, was predicted. Basically because it was designed to fail.

Three years ago we learned that, in order to get insurance companies to cover the extra mandated coverages, the act (aka taxpayers) would reimburse the insurance companies for their losses for three years. The gamble was that by that time, so many young and healthy people would enroll to cover their costs. Well, that didn’t happen.

Now, because they will no longer be reimbursed for their losses, the insurance companies are pulling out. And those staying with it are raising their rates accordingly.

The failure of Obamacare to deliver on its promises, and the insurance carriers pulling out, paves the way for what Democrats have been longing for, and something that Americans have rejected ever since it was first proposed 73 years ago by John Dingell Sr. in 1943. Single-payer health care. Or to put it another way, Medicare for all. The government can’t take proper care of veterans. They can’t deliver affordable health care for the ten percent of Americans that had no health care. So why would anyone believe they can take care of 320 million of us?

This presidential election will be the deciding point. The Republican sides wants to fix it with private sector solutions. The Democrat side wants to exacerbate the problem regardless if it makes health care worse.

Links: It’s Working: Nation’s Largest Insurer Pulling Out of Obamacare in Nation’s Largest State  |  STILL THINKING OBAMACARE IS AFFORDABLE?  |  DAYS OF INCREMENTALISM ARE OVER

Socialism Fails

Socialism requires walls to keep people from leaving. Like in Venezuela.

Venezuelans seeking a visa to leave to the United States for the first time will no longer be able to apply for one, the U.S. embassy in Caracas announced, due to the socialist government’s forced reduction of the number of American staff working there.

While Obama is bad-mouthing America in the Far East, he should be touting our success in capitalism and freedom. He is the first president to hate this country, rejects its founding principles.

There’s a reason people from all over the world want to come here. No one is trying to leave. Not yet anyway. Some Hollywood types keep promising to leave but they lie

If the direction of this country does not get turned around 180 degrees, we will look like Greece, like Cuba, like Venezuela. Then there will be no place to go.

America really is the last place on earth where freedom and liberty reign It is the reason people want to come here. To achieve the American Dream. That’s fine, but not unless you also want to assimilate to become American. Not to live here to use America and not assimilate.

Link: Venezuela Forces U.S. Embassy to Downsize, Stop Accepting First-Time Visa Requests

Vietnam, U.S. Lifts Weapons Embargo

A few weeks ago,  the business channels were noticing stocks rise for defense contractors and asking why that would be? Here’s one reason.

On May 1, the Royal Australian Air Force boasted a fleet of no fewer than 93 Boeing-built F/A-18 fighter jets, with 12 more on order. The country also has orders in for a dozen more F-18-derived EA-18G electronic warfare aircraft from Northrop Grumman — and 100 of Lockheed Martin’s fancy new F-35 stealth fighters, with two already in training.

And here’s another. Today, while President Obama visits Vietnam, we learn this.

President Barack Obama announced Monday that the United States would begin selling weapons to the communist nation of Vietnam, a final shift four decades after the two countries engaged in war.

 Not that there’s anything wrong with helping Vietnam protect itself from an ever-belligerent China. Will be interesting to see if his political base will call him out with their “industrial military complex” rant or if the Limbaugh Theorem will prevail.

President Hates America

Media headline, “Obama says U.S. race relations have improved, but work to be done.” Don’t you mean Obama “claims” U.S. race relations have improved? More work to be done? Like this?

First President ever to hate his country. So much so that he wants to fundamentally change it.

And the only way he’s getting away with it is, because he’s Black. And if you disagree with his agenda, then you are called a racist. Not patriotic. A racist. Not only by his acolytes, but by the willing media as well.

Part of the American Dream is the mobility of the people that liberty and opportunity affords. Blacks don’t have a monopoly on being “poor.” He wants to make sure that if you succeed and want to move to a better place, regardless of the color of your skin, that it won’t exist.

His agenda includes killing the American dream.

Links: Obama says U.S. race relations have improved, but work to be done  |  Obama’s last act is to force suburbs to be less white and less wealthy

2016, It’s Still Bush’s Fault

In year eight of the Obama administration, it is amazing to watch the Democratic candidates on the campaign trail.

They both say how terrible the economy has treated Americans. And the town-hall regular citizens complain to them about unemployment, high cost of health care, etc.. And neither of them lay the blame on the Obama regime. It’s as if he was not in charge for the last seven years.

Then you hear President Obama talk about how wonderful his recovery and economic policies have been. Especially Obamacare. And how he has created a gazillion jobs.

Listening to it all can subject you to political whiplash. Watch the candidates, and watch President Obama. The economy is good. The economy sucks. The economy is good. The economy sucks. See how dangerous that can be for one’s psyche?

When asked why two-thirds of Americans still think the country is on the wrong track, President Obama has an explanation for it. For “some people” (that would be two-thirds of Americans), it’s all Bush’s fault.

Here’s the kicker.  “There’s still more we can do.” Like “investing” in infrastructure and education.  Isn’t that what that $787 Billion stimulus bill in 2008 was for? And the $302 Billion more two years ago? The same old RBI line. Roads, Bridges, and Infrastructure.

Obama’s explanation . . .

[Wages and incomes] haven’t gone up as quickly as people had been accustomed to in previous generations. There are a lot of reasons for that. Global competition. Technology. You know, corporate practices have changed. In some cases tax policies that I’d like to see changed, and I’ve tried to push Congress to change have made a difference.

“Haven’t gone up as quickly as people had been accustomed to?” You mean like when there was a competent leader in The White House who understood free-market economics? Wages and incomes have dropped.

Why is that? According to the president, it’s because of global competition, technology, and, corporate practices have changed. Spoken like a true ignoramus on free-market economics and capitalism. In his world, which Ms. Sinclair refused to penetrate, companies and industries are not supposed to protect their interests. They’re not supposed to react to market or government pressures. They are supposed to do what the government wants them to do, including pay higher taxes and spend shareholder’s investments where he says they should. That’s economic fascism.

You can’t spend your way into prosperity, nor borrow your way out of debt. Winston Churchill understood economics, “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”

It’s disgusting to see financial reporter Nicole Sinclair let Obama get away with his excuse without challenge and, in light of more than doubling the national debt, sit there and say “we need to spend more.” Zero accountability for the last seven years and 10 trillion dollars (and climbing) national debt. It is typical of the way the media has given this president a pass throghout his presidency.

Link: Obama articulates why Americans are so unhappy

Capitalism Good, Socialism Bad

The more that the federal government interferes with free-market economics, it cripples capitalism. It gives us the current situation of unsustainable debt, long-term unemployment, decreasing family income, and skyrocketing costs.

So what is the Democratic Party’s solution? Keep on crippling capitalism so they can claim that capitalism doesn’t work.

The Democratic Party offers us two choices. One is a Socialist, the other is a Big Government Tax and Spender. Actually, they’re both Big Government Tax and Spenders. And on top of that, they’re both competing for the top spot in a fascist economic regime.

Not only are they going to increase taxes on the very people they expect to start a business and create jobs, but they are going to tell companies what they can make, sell, and how much they have to pay their employees.  And they remain clueless as to  why companies, and whole industries, are fleeing the country.

The answer to our problems is not more of what caused them and, more government The answer to our problems is more free-market capitalism and, less government.

Operation Choke Point In Jeopardy

Yesterday, the House voted to keep due process and private enterprise by passing H.R. 766 by 265-199.

WashTimesChokePointBizzes2014Operation Choke Point was the Obama administration’s way to unlawfully use the back door to stifle businesses, if not end them, that they do not like, based solely on ideological grounds. Due process not required.

The two primary targets of Operation Choke Point have been the short-term lending industry and firearm sellers. The distaste for both are rooted in leftist ideology. Progressives hate private lending, because they believe people cannot make financial decisions for themselves. In addition, there is ample evidence that the federal government wants to replace private lending with financial services provided by the Post Office. As for firearms, well, we know all about progressives and the Second Amendment.

It is also instructive to note that the bill passed pretty much on party lines. Democrats overwhelmingly voted against the bill. Or to put it another way, Democrats voted to keep the use of the federal government as a tool to punish businesses and industries they do not like.

YEAS NAYS PRES NV
REPUBLICAN 241 1 3
DEMOCRATIC 24 158 6
INDEPENDENT
TOTALS 265 159   9

 

H.R. 766 “prohibits a federal banking agency from formally or informally suggesting, requesting, or ordering a depository institution to terminate either a specific customer account, or group of customer accounts, or otherwise restrict or discourage it from entering into or maintaining a banking relationship with a specific customer or group of customers, unless: (1) the agency has a material reason to do so, and (2) the reason is not based solely on reputation risk.” The bill passed 265-159 and now goes to the Senate.

Links: What If Operation Choke Point Was Used Against Progressive-Friendly Businesses?  |  H.R. 766: Financial Institution Customer Protection Act of 2015