In This Dimension

America, China and the US Debt

So …. China has a few trillion of our debt. It’s becoming (has become?) a national security problem.

Deadbeats in the US are voting en-mass for Democrats, who now pass social welfare and tax & spend policies that ensure a permanent underclass hold on our national government.

National Democrats want to remake the nation in the image of California - utterly bankrupt and failed due to decades of Demo misrule. Just like the national future is looking darker the longer Obama, Reid, Pelosi, Frank, Schumer, Rangel…. stay in power…

Here’s a thought: Recover that $2T in debt China owns by…. selling California to[…]

Interactive Recession Map - and How Congress Will Make it Worse

Here is a startling interactive map, by county, of unemployment in the US as it entered the current recession. It’s based on Dept of Labor figures, starting in Jan 2007 and going through November 2009. It takes only a few seconds to watch.

“Sobering” doesn’t quite get the feeling across after watching it.

The only responses I can think of fall along the lines of OMG, Atlas Shrugged, and the lights are going out.

Once you have viewed this, go read this Reuters story (Reuters’ pulled it down after Obama whined to them, but it’s still up in several places on the web; this link[…]

Economic Idea and Suggestion

We have a problem in earnings disparity that, it seems, the market is not able to resolve on its own, but that nonetheless is bad for the country.

I believe strongly in the private sector, but just as regulation would have prevented the current financial meltdown, this kind of regulation - which is not capping pay, just forcing the private sector to be reasonable when we ALL know it’s gone ‘way past reasonable in the past few decades ($500,000,000 to Michael Milliken for ONE year?) - would help to ameliorate seriously ridiculous earnings disparity. This would be good for our Republic.

This[…]

The Scariest Thing I have Read

No, not hyperbole.

If you are under about the age of 70, or if you have children, this is a must-read.

The column is by David Broder from the Washington Post. He’s a liberal. The WaPo is a liberal paper. The column is not liberal - but it’s by the foremost opinionator of the foremost liberal paper in the nation.

In the column, Broder references a “stark warning to the president and Congress and a plea for to action on behalf of the next generation.”

Who makes the warning?

The 34 names are familiar to anyone who has followed economic policy in Washington for the past[…]

Hilary Gives Chinese Dollars to Africa

So Hilary has promised that America will participate in paying into a $100B global fund to help underdeveloped nations deal with the mythology of climate change caused by man.

If I’ve got this right, then, here’s what Hilary did:

Promise that American taxpayers will pay interest to China if China promises to transfer billions of Chinese dollars to Africa so that it can look to Africans as though America, after following Democrat policies off the financial cliff, remains wealthy enough on our own to give money to African countries.

Hilary, I guess, thinks that citizens of African countries can’t understand that America is[…]

Taxes and Recent History - a Primer

Not one of these taxes existed 100 years ago…

and our nation was the most prosperous in the world.

We had absolutely no national debt…

We had the largest middle class in the world…

• Accounts Receivable Tax
• Building Permit Tax
• CDL License Tax
• Cigarette Tax
• Corporate Income Tax
• Dog License Tax
• Federal Income Tax , Federal Unemployment Tax (FUTA)
• Fishing License Tax
• Food License Tax
• Fuel Permit Tax
• Gasoline Tax
• Hunting License Tax
• Inheritance Tax
• Inventory Tax
• IRS Interest Charges (tax on top of tax)
• IRS Penalties (tax on top of tax)
• Liquor Tax
• Luxury Tax
• Marriage License Tax
• Medicare Tax
• Propert y Tax
• Real Estate Tax
• Service charge taxes
• Social Security Tax
• Road Usage Tax (Truckers)
• Sales Taxes
• Recreational Vehicle Tax
• School Tax
• State Income Tax
• State Unemployment Tax (SUTA)
• Telephone Federal Excise[…]

Don’t the Chinese already HAVE all our Money?

MORE is required to get them more oil?????

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WSJ Aug 18, 2009

Obama Underwrites Offshore Drilling

Too bad it’s not in U.S. waters.

You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil.

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

The U.S. Export-Import Bank tells us it has issued[…]

Socialist Economics 101A (or, How Obamanomics plays out)

An economics professor at a local college made a statement that he had never failed a single student before, but had just failed an entire class.

That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on Obama’s plan”.

All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.

After the first test, the grades were averaged and everyone got a B.

The students[…]

Energy Policy - A Suggestion

The lack of an American energy policy, particularly when America currently is the largest user of energy on the planet, simply is childish. Unfortunately, childishness has come to be expected from both of our major political parties.

Using huge amounts of energy with no policy or plan to ensure the continued availability of energy, for the identification and use of new sources of energy that are less polluting to make, use or dispose of, or to invent or identify new ways to source energy where it can be efficiently sourced, to move energy to where it is used, to store energy[…]

Why is Health Care Rocket Science to our Representatives?

Fixing our healthcare system is not rocket science - but it seems to be for the government.

1. Health insurance as a corporate benefit basically didn’t exist until the competition for employees following WW2. Next corporate lobbying made it tax deductible for corporations. Removing the deductibility of the insurance premiums immediately would cause corporations to stop providing this benefit. This immediately would put 70%+ of our workforce - over 100M people - into the marketplace for health insurance. This huge increase in the market would drive up competition, drive up quality, and drive down costs. The government can and should regulate[…]