Capitalist Liberty
Free minds, markets, country
Capitalist Liberty

Rush is Right (again)

America's Truth Detector has, as usual, hit the nail on the head.  If the GOP is to be salvaged after the damage done by years of a bastardized, lukewarm, smiley-faded, big-government, open-borders, "compassionate", Bush-wacked version of conservatism, it must teach.  It must lead.  As the band of Ponce de Listeners traverses the country in search of the Republican Fountain of Moderate Voters, real leaders like Jim DeMint, Paul Ryan, Mark Levin, Thomas Sowell, David Keene, and Sarah Palin are leading a movement.  These patriots refuse to soften their message.  There is no need to moderate the truth.  There is no need to moderate ordered liberty.  There is no need to moderate a principled philosophy.  There is no need to moderate the message of the founders.

To those who urge moderation, I would reinforce the point made by Rush in asking for someone to point out how many stops there were on the Reagan listening tour.  Exactly none.  Reagan hammered home a consistent message of liberty, small government, self-reliance, and free market capitalism for sixteen years before being elected in a landslide.  His speeches inspired and educated a generation of voters and politicians.  He refused to waver and pander John McCain-style to the left.  He refused to let them define him and his message.  Instead, he took them on and defeated them with truth, logic, faith, and an impeccable understanding of the principles upon which our nation was founded.

To those who argue that America is just not that conservative, I would ask them to remember just how much ground McCain made up in the polls and how much money he took in after selecting Sarah Palin as his running mate.  I would ask them to remember how energized the party was for a fleeting moment as someone with a clear message was brought into the forefront.  Sarah attracted people in droves to listen to a message of strength, of liberty, of values.

Ask yourself, "how many times have I been lead by a moderate anything?"  Was Washington a moderate?  Are "Is life so dear or peace so sweet as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take, but as for me, give me liberty, or give me death!" the impotent words of a moderate?  Do the words "Perfect freedom is as necessary to the health and vigor of commerce as it is to the health and vigor of citizenship." sound like the words of a "centrist"?  Patrick Henry would say not.  Who are the great moderates?  What invigorated followers have they led?  

"In any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit." ~ Ayn Rand

"Moderates" should move out of the way or be run over.

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From the 'Seriously, I Couln't Make This Up If I Tried' Files


The Wall Street Journal reports that our brilliant "president's" recently confirmed nominee for the position of Alarmist Director of the White House Office of Science and Technology Policy is advocating "Climate Engineering".  Well, maybe Obama did pick up something from his meeting with Hu Jintao at the G20.  

I couldn't decide if I should completely laugh at this next statement because of the irony just dripping from it or be alarmed at the implications if this most ridiculous of experiments went wrong.  Mr. Facelessbureaucrat actually thinks, among other moronic ideas, that "shooting pollution particles into the upper atmosphere to reflect the sun's rays" would be a good idea.  

The irony?  Well, weren't pollution particles the problem?  Weren't they supposed to destroy the ozone layer and force us all to don blue sunscreen a la RoboCop.  Don't our evil SUV's and extra-evil coal-fired power plants cause "Gore-bull warmening" Seems to me that if Mr. Facelessbureaucrat were to advocate our goverment gettting out of the way of automobile manufacturers and smokestack industries, that the problem would be solved.

Now, let's say that this idea is completely valid and we could "shoot" pollution particles into just the right spot in the, let's say, the mesosphere, how does Mr. Facelessbureaucrat know when to stop?  How did a similar situation work out for the dinosaurs? Doesn't one major theory of mass extinction involve volcanic ash blocking out the sun's rays in the atmosphere?  

I have a few more questions for Mr. Facelessbureaucrat:

    • "In May 2008, Nature magazine published a peer-reviewed study that came to a startling conclusion: 'Global surface temperature may not increase over the next decade, as natural climate variations in the North Atlantic and tropical Pacific temporarily offset the projected anthropogenic [manmade] warming.'"
    • Didn't they just change the terminology to climate change and not global warming because of this?  
  • Wasn't Algore's CO2 graph disproven since levels of CO2 increase after warming periods?
    • Isn't that because gasses dissolve at cooler temperatures not warm (opposite of solids)?
  • What is the ideal temperature of the earth?
  • How do we know?  
  • Do the answers to these and other logical questions really matter?
The answer to the last is an unfortunate, "no".  The statist continues to ignore facts and legitimate science while telling the conservative that he is the one who does not believe in science.

How fortunate for governments that the people they administer don't think. ~ Adolf Hitler

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At Least it Wasn't a Bag of Limes...


Special needs citizen of the world, Barack "most likely to be regifted" Obama once again insults our closest ally.

To quote Beetlegeuse, "it keeps getting funnier every single time I see it"... or to quote Uncle Eddie, "it's the gift that keeps on giving..." 

Funny how President Bush looks a little more classy every day...

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Cap This


The constant harassing and tormenting of wealth creators, producers, and other carriers of the flame of liberty by the left has manifested itself in the latest climate alarmist insanity.  The Boston Globe reports the newest Marxist feather in the statists' ushankas.  One particularly fever-inducing (and you will notice that there are many) statement made by the unbiased (lmao) author was:

Environmentalists are urging Congress to adopt a global warming policy in advance of international climate talks in Copenhagen scheduled for December, where leaders have agreed to update the Kyoto Protocol, which the Bush administration refused to sign.

But, the fearless author bravely failed to mention that the Clinton administration of which, alarmist-in-chief, Algore was a part, was the first administration to reject the Kyoto Protocol.

Equally frustrating is that there are U.S. companies advocating for this nonsense.  They have wonderfully Orwellian names like the Alliance for American Manufacturing and the United States Climate Action Partnership.  The AAM is a leftist, protectionist entity who is more focused on promoting socialist candidates than promoting the well-being of the country's manufacturing base.  The US-CAP is bit of a head-scratcher.  While it is clear that some of the companies on the list of participants are in bed with the leftists, others like John Deere are difficult to rationalize.  If I were to speculate, I would guess that John Deere has a stake in increased revenue relating to mandates for biofuels or corn-derived ethanol.  The US-CAP is active in promoting quick, sweeping, mandatory regulations to enact this industrial suicide.  These kamikaze corporations have decided to fall on their swords for some short-term PR and cash.  Again, we see leftists in a hurry.  No time to waste, the planet is going to (insert global disaster here) if we don't do something soon!

On US-CAP's website, they have outlined their "Plan for Action".  An incredibly disturbing proclamation found in this nicely-produced propaganda piece follows here:

U.S. action to implement mandatory measures and incentives
for reducing emissions should not be contingent on simultaneous
action by other countries
. Rather, we believe that U.S.
leadership is essential for establishing an equitable and effective
international policy framework for robust action by all major
emitting countries.

In other words, we are to be the guinea pigs for the industrial devolution initiative.  Sure, let's destroy our wealth while the rest of the world laughs at us, China continues to build coal-fired power plants and France continues on nuclear energy (which if the leftist was serious about cutting emissions, we would be building nukes instead of windmills).

Let's not forget the prevailing theme in leftist thought - it should be done under the guise of fairness

Some economic sectors, geographic regions, and income groups
may be disproportionately impacted by both climate change
impacts and mandatory GHG reductions. Any climate protection
program needs to take account of these impacts and
provide appropriate assistance to those disadvantaged or disproportionately
impacted by such program.

Yes, because sending the third-world our tax dollars ensures that fairness is fairly, equitably, impartially, even-handedly, and benevolently distributed.

I'll end with the pledge of the kamikaze corporations:

We, the members of the U.S. Climate Action
Partnership, pledge to work with the President,
the Congress, and all other stakeholders
to enact an environmentally effective,
economically sustainable, and fair climate
change program consistent with our
principles at the earliest practicable date.

Thanks to these geniuses:

Alcan Inc.
Alcoa
American International
Group, Inc. (AIG)
Boston Scientific Corporation
BP America Inc.
Caterpillar Inc.
ConocoPhillips
The Chrysler Group
Deere & Company
The Dow Chemical Company
Duke Energy
DuPont
Environmental Defense
Exelon Corporation
Ford Motor Company
FPL Group, Inc.
General Electric
General Motors Corp.
Johnson & Johnson
Marsh, Inc.
National Wildlife Federation
Natural Resources
Defense Council
NRG Energy, Inc.
The Nature Conservancy
PepsiCo
Pew Center on Global
Climate Change
PG&E Corporation
PNM Resources
Rio Tinto
Shell
Siemens Corporation
World Resources Institute
Xerox Corporation


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The Orwell-Rand Told-You-So Alert of the Day

Michelle Malkin notes Glenn Beck’s questioning of Richard Blumenthal, Attorney General of Connecticut here.

Need-based justice…Asshats indeed…


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Invest or Spend?


Recently Dennis Prager noted on his show that Democrats don't speak of money spent, instead, they speak of investments.  This has been proven repeatedly over the past few years by our Investor-in-Chief.  Why is this type of doublespeak harmful?  All political speech of this kind is very dangerous because, while there is some truth allowed to show through, it is mostly obscured by a veil of inaccurate or misleading data or buzz words with vague-at-best meanings.  "Create new jobs" and "40 million without health care" come to mind...

Why should these now common phrases raise the red flag?  Well, let's take them individually.  The oft used "create new jobs" can be heard at virtually any Obama teleprompter reading press conference.  First of all, anyone can create new jobs.  If someone blew up a bridge, there would be new jobs created as the bridge is rebuilt.  What is left out of the "new jobs" statement is what kind of jobs are created and what value is added generally.  Does this creation of jobs produce anything?  In the case of destroying a bridge, there would be no value added relative to that which would be lost.  Are these jobs sustainable?  Obama constantly uses the canard of police officers' and teachers' jobs being saved by the Porkulus.  Sure, by giving a check to a city that may be cutting back on its police force, those jobs may be spared in the interim, but what happens when the Monopoly money runs out and next year's budget is outlined?

The ever-increasing number of "40 million without health care" is another straw man.  While it is impossible to know at any point in time exactly how many are without "health care", I will use the 40 million number for argument's sake.  This is a classic appeal to pity argument.  You are to feel pity for the "40 million" and therefore support whatever snake oil the statist is selling.  In this case, the oil in question is nationalized health care.  What is not disclosed to the intended "feelers of pity" is who exactly makes up the number put forth.  The 40 million number in reality refers to the number of uninsured individuals in America.  This number includes illegal aliens, it includes individuals who are 25 years of age and younger who choose not to have health insurance.  The number includes people in between jobs who merely have a gap in coverage while they are in their waiting period for their new jobs.  The number also suggests that there the sick are huddled outside of evil private hospitals begging for a band aid for their massive head wound.  This is simply not the case.  Hospitals cannot refuse treatment regardless of intent or ability to pay.  On a side note, how is it that when the one third of health care that is already government-run (Medicare/Medicaid) is a miserable failure that nationalizing the remaining sixty seven percent is a good idea?

Now, back to the central theme here.  The government cannot invest in the way that Obama would have we mouth-breathers believe.  The government has no capital that it has not confiscated forcefully from a private citizen or entity.  It has to first take before it can spend.  Government cannot create wealth, it can only move it from one pile to another.  In essence, the government is taking, by force, the private property of Americans and deciding how it should be sent.  (I considered using the phrase, "how it would be best spent", but I do believe that this is giving the statist too much credit in assuming that there is any thought of what is best for the individual and therefore the country.)  The further away from the individual the money gets, the less care is taken of it.  This is simple.  There is less accountability the further away from the source the money is taken.  The statist realizes this and creates an endless myriad of unconstitutional, unelected bureaucracies with little incentive to do right by the taxpayer and with little or no accountability.  Finally, I would ask that if indeed the government did create investment opportunity, where is the return?  Where is the dividend?  When do we sell?

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Thoughts On the Obama Lapdog Meeting or "Press Conference"

I'll not waste server space with commenting on his lackluster opening remarks other than to wonder if the teleprompter was jealous tonight as it was replaced by a big screen tv located in the center of the fawning lickspittle media.

He wasted no time blaming liberty for the current economic environment and why our rulers' "hands are tied" rendering them unable to act to further centralize economic planning.  It was the fault of lack of "authority to act".   This serves as further proof of Obama's attitude of the constitution's inadequacy and obsolesence.

The statist either does not understand or chooses to ignore that the constitution does not enumerate rights.  By definition, it cannot enumerate rights.  Our unalienable rights referenced in the Declaration of Independence are God-given and cannot be taken away by acts of the government.  It provides restraints and boundaries within which the federal goverment can operate without infringing on our rights.  There is no right to healthcare, no right to a job, no right to drive a car.  There is a right to keep and bear arms, to free speech, and to be free from seizure of private property.

It only took the Jester-in-Chief until question number two to blame President Bush for the deficits.  President Bush took a detour from capitalism, handed the wheel over to Obama who floored it and blames Bush not only for the direction, but the speed as well.  Or something...

Chuck Todd asks why he hasn't asked the American people to make more sacrifices.  Why are these leftists constantly asking for sacrifices?

Why are statists always in a hurry?  "Let's get started now, we can't wait."

Throughout this painful event, I just kept getting the feeling that Buhhhhrack was just hanging on by a thread.  He just doesn't know this stuff.

Wow, did I just hear him comment that the dollar is strong right now?  He says this and is not questioned days after the dollar posts the biggest loss against the Euro?  One day after China's equivalent of the Fed is promoting the idea of leaving the dollar as the standard?

Best quote - referring to the reduction of the charitable giving deduction for "wealthy" Americans, "...it won't cripple them, they'll still be well-to-do."  Sorry sir, but the Declaration doesn't say, "Life, Liberty, and the pursuit of getting by."

He actually says that he is going to reduce the deficit by reducing health care costs by spending more on health care.  My common sense hurts...

Why is this boob constantly harrassing and tormenting us?  Go hide for a day or two.  We don't need government in our faces every minute of the day.

Well, I anxiously await the morning drones' analysis.  I wonder which part of our liberty they'll be the most excited about losing...

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You Just Can't Let a Good Mob Go to Waste

By decree of The Great One, the word statist will now replace liberal or socialist…

Really? We’re supposed to be outraged by AIG’s paying of contractually obligatory bonuses when the statists in congress were not only fully aware of the bonuses, but gave the failed company the money in the first place? Ask yourselves what taxing 95% of these bonuses is going to do to help the left-handed, homeless, transgendered, mill rat. HOW does confiscating AIG executives’ private property help you? It may make the drooling mobs feel better temporarily, but be warned, you are next! Your company, your bonus, your earnings.

These statists will not stop with AIG. These poor schlubs are simply a convenient target of outrage. Head statist, Barack Obama recently said that he wants to channel the public outrage in order to ram his agenda through congress. Yes, while we have thuh peeple lathered up real nice like, we’ve got to convert the potential energy of rage to the kinetic energy of destruction to shred capitalism and constitution and any other pesky hindrance to their 5 Year Plan. Why aren’t ye of the misplaced anger not scared to death by the seizure of property or the threats by Barney Frank to subpoena names of executives without assurance that these names will be held in confidentiality? These folks’ families are being threatened. What if your company or even you were to err, should your family be targeted for harassment or worse?

Where is the outrage that Obama and Dodd received more than a tenth as much of the bonuses in campaign contributions? Where is the outrage that the government has just taken out a $215,000 mortgage in your name?

Garroted with piano wire? I’m simply baffled that this is going on in my country. You damn morons. We do not convict anyone without a trial. Why is anger this not directed at Dodd, Frank, Paulson, Obama, Bush, or Clinton? This feigned outrage by these carpetbaggers is nothing short of asinine.

Look, I’m in no way an apologist for AIG. They should have failed. They should have been allowed to fail. The soothsayers may have very well been correct in saying that there would have been great pain if AIG was allowed to fail. But this would have been greatly favored over the slow and extremely costly death that we’re now causing.

It’s easy to go along with groupthink. It’s easy to be spoon-fed your opinion from the Obama Whitehouse spokeswhores who pretend to be journalists. Reason and thought are more difficult and may require pain. I speak from experience. This administration is asking you to suspend logic. They are asking you to be led by nothing but pure emotion. Wake up and think before it’s too late.

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Greenspan: "It Wasn't Me!"


In his latest attempt to cobble together some sort of legacy, former Federal Reserve Board Chair, Alan Greenspan attempts to deflect blame for the bursting of the housing market bubble and collapse of the credit markets. One of the most interesting proclamations is the following:
There are at least two broad and competing explanations of the origins of this crisis. The first is that the "easy money" policies of the Federal Reserve produced the U.S. housing bubble that is at the core of today's financial mess.
The second, and far more credible, explanation agrees that it was indeed lower interest rates that spawned the speculative euphoria. However, the interest rate that mattered was not the federal-funds rate, but the rate on long-term, fixed-rate mortgages.
So, banks offering nothing for savings accounts, easy credit, and ridiculously low rates for home equity lines of credit had nothing to do with it? Sorry Mr. Greenspan, I’m not buying it. While long-term mortgage rates, both fixed and adjustable (although arguably, some ARM’s are affected), do not have a direct correlation with fed funds rates, these other rates do.

I argue that it was a perfect storm of these two and other factors. I agree with Mr. Greenspan in that the Fed was not solely responsible. There were plenty of other factors involved - the low interest rates, President Bush’s lack of interest in defending the currency through fiscal policy and the Fed through monetary policy, the huge upswing in the cost of energy in 2007 and 2008, the short-selling of the dollar, the risky lending encouraged by the government through Fannie and Freddie, the Community Reinvestment Act all were contributors, but the Fed did create an environment for banks to increase borrowing and for both small businesses and consumers to become more heavily leveraged.

I also agree with Mr. Greenspan that the answer is not to over-steer and over-regulate, but, he concludes:

“Our challenge in the months ahead will be to install a regulatory regime that will ensure responsible risk management on the part of financial institutions, while encouraging them to continue taking the risks necessary and inherent in any successful market economy.”

I have two problems with this. The first is that you will have to convince the same law-makers who brushed off the demands for regulation by Bush and McCain in 2003 and again in 2006 that responsible regulation is needed. The second is that you have to trust financial institutions to take their own risks and be allowed to fail if they take on more risk than they can handle. The bankers are big boys, they should know what they’re doing and they should definitely have the fear of failing to aid them in decision making, not a regulatory agency that they can look to as a safety net.

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Backdoor Health Care

From Red State.com

"At the Washington Post, Ceci Connolly reports President Obama’s proposed budget will create a $634 billion health care fund to partially pay for a vast expansion of the U.S. health system.

According to the Post, Obama’s health care overhaul will cost as much as $1 trillion over the next decade.

Obama would pay for the expansion by trimming tax breaks for the wealthy and tightening payments to insurers, hospitals and physicians, according to a senior administration official."

http://www.redstate.com/california_yankee/2009/02/25/obama-budget-creates-634-billion-health-care-fund/

+++++++

You see how he's going to implement socialized medicine now don't you? Medicare/Medicaid only reimburses around 60% of the cost of the procedures/visits of recipients to the care providers. If these socialists compel insurers, hospitals, and physicians to provide increased care for less compensation, they are not going to be able to remain in business, and don't kid yourselves, a doctor's office or hospital is a business. Businesses have (used to - before bank/automaker bailouts) to make a profit or they go under. The math is very simple. As the private sector responds to increased public (government) pressure, it will shrink as capital is diverted elsewhere. Once again, big federal government to the rescue and substandard, rationed care for all - except for politicians of course. They won't be susceptible to waiting lines or lack of choice. Socialism for thee, but not for me is their motto...

++++++

Here's an article discussing the trend of Dr.'s opting out of Medicare/Medicaid. What happens when they aren't given the choice to opt out? What will suppressed salaries and increased patient loads do to incentives where bright people who are considering becoming doctors and nurses are concerned?

http://abcnews.go.com/Health/story?id=5326078&page=1

++++++

The key to understanding why the free market is a better arbiter of health care is one simple thing - price. The difference between government-run health care and free market health care is how one arrives at the price of health care. The free market begins with someone calculating the costs of doing business by making informed decisions on buildings, equipment, location, staff required, and ability of customers or patients to pay for the services/products provided. A combination of the amount of competition, cost of business, barriers to entry into the market, and the amount a customer is willing to voluntarily pay determines price.

The government does not approach things in such a way. The government may start with good intentions (usually the case), but when health care becomes a "right", there are no price controls. All of a sudden, everyone who has the sniffles wants to see a specialist. The government is faced with a dilemma. On one hand, they have to pay for hospital building and equipment maintenance, supplies, and salaries. They can only tax the wealthy so much before they take their ball and go home so to speak. On the other, they have ever-increasing demand. They can't raise prices to compensate because health care is "free" and a "right". Guess what starts to suffer? At first, maybe hospital administrators can't afford to maintain the landscaping the way they used to or maybe the food quality suffers (more) in the cafeteria. Maybe the hospital can't afford that extra nurse they need or can’t afford to upgrade to the latest in imaging technology. You can forget new development, discovery, or any type of research. Who's going to do it? Who's going to pay for it? Where will be the incentive to develop new compounds or new uses for existing approved drugs? Will it be compelled Soviet-style at the muzzle of a gun?

At some point after all of the cut-backs comes rationing. Maybe grandma doesn't really need that hip replacement. Maybe grandpa only has one antihypertensive from which to choose. Maybe it doesn't work as well or causes a reaction that precludes him from taking it. I guess they're old anyway right? They've lived long enough. What about the child that needs a bone marrow transplant? That's way too expensive of a procedure. I guess pain management would be best for him. AIDS, cancer? No soup for you.

We've sat back for the last 80 years as our individual liberties are slowly eroded. We've allowed the federal government to decide for us how much water we can flush in our toilets, what kind of light bulbs we can have in our homes, what kind of car we can drive, how much and what types of energy we can produce in this for country, where we can live, how to conduct business, how much of our personal property we are allowed to keep... We've been told election cycle after election cycle how greedy we are and how evil capitalism is as a form of economics. How many drugs have been developed by sponsors hoping a profit? How many innovations have been made in every industry where there is still incentive? I say enough! Talk to your neighbors and friends. Tell them to get their heads out of the sand and vote for their liberty. Tell them to read and understand the Declaration and the Constitution and read the words of our founders without the filters of some leftist textbook or clouded by the rhetoric of a politician...

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