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Dec 03

LINK: FOX NEWS STORY

Not Great News

“Let me be clear, I am open to every demonstrably good idea. And I want to take every responsible step to accelerate job creation. We also though have to face the fact that our resources are limited,” Obama said.

Perhaps unwittingly, Vice President Joe Biden took the event a bit off-message at the start, painting a more dire picture of the nation’s economy than typically heard out of the administration.

At the opening session, Biden recalled an old Ronald Reagan line that people see the problem as a merely downturn when a stranger is out of work and a recession if it’s a relative who is unemployed - but a full-blown depression when they themselves lose a job.

“And it is a depression” for the nation’s 10 million unemployed, Biden added.

“Our task together is obviously not an easy one,” Biden said. And while the $787 billion stimulus package had helped kick-start the process, “the government’s capacity is still somewhat limited.”

Comment: Do you think they will ever figure it out? The government’s solution of printing more money and piling more of the burden on the everyday working man and small business owners has its limits.

Maybe they are trying to tell us to get ready for what is next. More bad news? I wonder.

This morning I was listening to author Martin L. Gross speak, and he stated that the taxes which businesses currently pay on employee wage dollars is about 11% to 13% per dollar. I have not been able to substantiate it yet, but this morning he stated that by 2019, it will have increased to around 22% per wage dollar. This will be necessary to pay for the programs and things now being discussed.

The costs which businesses have to pay have to go somewhere. The money to cover a business’s higher costs does not magically appear in business bank accounts. You and I, the consumers, will be the ones paying them.

Clint Bridges

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Dec 03

National Suicide by Martin Gross

Link to Amazon.Com

Martin Gross at Harper Collins

Martin L. Gross, has written more than a dozen books, including the New York Times bestsellers The Government Racket: Washington Waste from A to Z, which began the serious debate over capricious and wasteful government, and A Call for Revolution, as well as The End of Sanity, The Medical Racket and The Conspiracy of Ignorance. His 1995 bestseller, The Tax Racket, exposed the excesses of the IRS and asked for its elimination. He has testified before the U. S. Congress five times. Three of his prior nonfiction works, The Brain Watchers, The Doctors, and The Psychological Society, stimulated public debate in the fields of psychological testing, medicine, and psychiatry, resulting in Congressional hearings and reforms. Mr. Gross has been a member of the faculty of The New School for Social Research and an Adjunct Associate Professor of Social Science at New York University. He lives and works in suburban Connecticut.

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Dec 02

Health Care

We have now reached the stage of the health-care debate when all that matters is getting a bill passed, so all news is good news, more subsidies mean lower deficits, and more expensive insurance is really cheaper insurance. The nonpolitical mind reels.

Consider how Washington received the Congressional Budget Office’s study Monday of how Harry Reid’s Senate bill will affect insurance costs, which by any rational measure ought to have been a disaster for the bill. CBO found that premiums in the individual market will rise by 10% to 13% more than if Congress did nothing. Family policies under the status quo are projected to cost $13,100 on average, but under ObamaCare will jump to $15,200.

Read it online at the WSJ

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Nov 20

US Attorney General Eric Holder

“What I told the prosecutors and what I will tell you is that failure is not an option. These are cases that have to be won,” Holder said. “I don’t expect that we will have a contrary result.”

NBC, msnbc.com and news services
updated 11:32 a.m. PT, Wed., Nov . 18, 2009

TERROR CHIEF PAKISTAN

“WASHINGTON - President Barack Obama on Wednesday predicted that professed Sept. 11 mastermind Khalid Sheikh Mohammed will be convicted and executed, as U.S. Attorney General Eric Holder testified in the Senate to defend the strategy of civilian trials for the alleged Sept. 11 plotters.

In an interview with NBC News, Obama said those offended by the legal privileges given to Mohammed by virtue of getting a civilian trial rather than a military tribunal won’t find it “offensive at all when he’s convicted and when the death penalty is applied to him.”

Obama quickly added that he did not mean to suggest he was prejudging the outcome of Mohammed’s trial. “I’m not going to be in that courtroom,” he said. “That’s the job of the prosecutors, the judge and the jury.”"

As if the melting down of our financial system wasn’t enough and the devaluing of our money and our word both home and abroad, here is something else which gives me the shivers:

A President who pronounces people guilty or innocent from the White House steps before he has any facts, and before the gathered evidence is brought into the courtroom to be examined by the judge, the jury and the legal process.

Not so, you say. I say so. President Obama publicly exonerated Professor “Skip” Gates and condemned the police officer and the campus security guard and the witnesses who were there at the scene, before he ever had any evidence of who did what to whom.

Now we have US Attorney General Eric Holder and the President talking about the surety of a conviction and an execution of an accused terrorist prior to the man going through the process of trial. I think this is out of order for both of them.

I think it is appropriate for Eric Holder to say that he will seek for a conviction and a maximum penalty, but to say that “failure is not an option” is a terrible choice of words and frankly gives me the shivers. The President should simply say that the man will be tried, the evidence weighed and a verdict reached. Let there be no more talk of there will be an execution.

This is important less someday you or I find ourselves before a Federal Court for a possible offense.

This is the United States, not Iran, or Nazi Germany, or Fascist Italy, or Stalin’s USSR.

Opinion

Clint Bridges

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Nov 05

Candidate Obama

“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes…you will not see any of your taxes increase one single dime.”

–Barack Obama

Dover NH, Sept 12, 2008

Candidate Bush

“ And I’m the one who will not raise taxes. My opponent now says he’ll raise them as a last resort, or a third resort. But when a politician talks like that, you know that’s one resort he’ll be checking into. My opponent, my opponent won’t rule out raising taxes. But I will. And the Congress will push me to raise taxes and I’ll say no. And they’ll push, and I’ll say no, and they’ll push again, and I’ll say, to them, ‘Read my lips: no new taxes.’ ”

– George Bush

New Orleans, August, 1998

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