Straight from the South Seas

Straight from the South Seas
Retired Expat living the Philippines

Augustus Summerfield Merrimon

This Blog is dedicated to my great-great-grand uncle who was a Democratic US Senator from the state of North Carolina between 1873 and 1879.

Showing posts with label political cronies. Show all posts
Showing posts with label political cronies. Show all posts

Saturday, September 25, 2010

Poll shows over half of voters dislike both Dems and GOP

I'm happy to see that people appear to be seeing through the Republican Party. Neither party is really looking out for the interests of the people nor do they both really oppose each other on issues that are relatively unimportant. Take immigration for instance, on the surface, it would appear that both parties are not willing to do anything to stem the tide, despite what the Republicans say. It's real easy; you enforce border security and go after the companies who are illegally hiring these illegal immigrants. Both parties are for big government and uncontrolled spending, while neither party is willing to do anything to stop the corruption, despite what they say.

There seems to be a pattern where we keep trading the Democrats for Republicans and then the Republicans for Democrats, with the same anti-freedom and anti-liberty policies being set. I'm surprised that it is taking so long for the American people to realize that we are no better off with the Republicans than we are with the Democrats and vice versa. They both push the same agenda that benefits interests that are contradictory to our own interests. When the Republicans rule the roost, we get screwed over so we trade them out for the Democrats, only to continue to get screwed over. We repeat this cycle every 6 years or so, meanwhile it is only the American people losing out and the same interests winning. How much longer are we willing to trade one obnoxious party for another?


When You Ride Alone You Ride with Bin Laden

Sunday, September 19, 2010

Breaking News - YOUR MONEY

Los Angeles spent $70 million in stimulus funds to create 7.76 jobs
A new piece of evidence has emerged in the debate over the effectiveness of President Obama's 2009 stimulus package, and it's not good for Democrats. According to two newly released audits performed by the Los Angeles controller, L.A. spent enormous portions of the $594 million in stimulus funds it received on projects that created or saved just a handful of jobs. All told, the audits - available - examined $111 million in stimulus spending by the city's Department of Transportation and Department of Public Works, and found that the money went to projects that created or retained just 54 jobs. That works out to roughly $2 million per job.

The $71 million that went to the Department of Public Works, which funded 15 road-surfacing and similar projects, was projected to save or create 238 jobs. But according to the audit, the money created just 7.76 jobs or slightly more than $10 million per new job and saved 37.7 (the fractions are a result of calculating the number of jobs by hours worked). The Department of Transportation's $40 million created or retained just nine jobs, the audit found.

Sore Loser

US Senator Lisa Murkowski of Alaska has announced she will run as a write-in candidate to keep her Senate seat after losing her bid to be the Republicanparty's nominee in the primary. Source: Yahoo.News











United States Senators From Alaska: Mike Gravel, Ted Stevens, Mark Begich, Lisa Murkowski, Frank Murkowski, Ernest Gruening, Bob Bartlett

Saturday, September 4, 2010

Bye Bye Recovery Summer

Here it is almost Labor Day, the end of the ‘Recovery Summer’ that President Obama promised. How did that all work out? From June-August, we lost 283,000 jobs. Recovery? Just maybe the consequence of recovery is wrong or maybe Obama will next promise “recovery winter” or should we just assume that he meant next summer? Wait long enough and the economy will recover. If you perform an Indian “rain dance” long enough, eventually it rains and the wizard can claim his magic did it. Whenever this happens, we will sure give Mr. Obama the credit he deserves.

To me it seems Mr. Obama takes credit up front and then shifting the blame elsewhere when the expected results fail to materialize. His advisers promised that unemployment would not exceed 8% with the stimulus, but could go up to above 9% if nothing was done. And then when actual unemployment hangs around at almost 10% for a year, now they claim they never said that the stimulus would keep it low and besides it was Bush’s fault.

The economy was sick in 2008; Stimulants and stabilization were applied. And they were needed. Yet before they had a chance to work Mr. Obama and his political cronies pumped in more stimulus. Of course this was more a political move than an economic one. The new stimulus didn’t perform as promised. Now the guys setting in the White House want to pump in more stimulants. Maybe it is time to let the patient recover and stop with the artificial stimulating.

Mr. President, no more short-term stimulants are needed, nor will they do any good except to provide some political cover for the chair warmers in congress. It might be better to create the long-term conditions of prosperity – create stability and predictability in laws and regulations - and let the people get back to business.

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