Calling John Galt

Watching Madow stutter as she tries to defend Card Check shows even hard core liberals can’t defend it. Doesn’t stop her from endorsing it completely.

Goes to show how biased MSNBC is (and will continue to be).

The Democrats and their real stance on Fannie Mae and Freddie Mac

A pharmacist in Brewton, Alabama, prescribed his own cure for the recession. He gave his employees unexpected bonuses, paid out in two-dollar bills.

He challenged them to give to charity, and spend all of that money in local downtown businesses. Just as you’d expect, the money is circulating in a very visible and tangible way.

The instructive piece here comes from the comments. This one, from Zekie:

It’s called basic economics. It is exactly how Obama’s stimulus bill is supposed to work. And it’s exactly how Bush’s worked. However, there were no new jobs created to keep the $$ circulated.

First of all, there is a big difference between a stimulus where they money is injected from the outside (the $16,000 in savings the pharmacist invested in the project), and money that the Federal government must first acquire through taxation, borrowing, or printing.

Second, there is a bit of circular reasoning in effect. The stimulus is supposed to create (or save) 3.5-million jobs, but if the jobs don’t exist the money doesn’t circulate?

CDM2008 adds this piece of wisdom:

Wherever you live, spend locally. Eat at local restaurants, shop at local stores, patronize the businesses that are the foundation of your community. It’s a shame large news stations won’t pick up on something like this. Imagine if it happened in communities throughout the U.S. Good news for a change.

Sorry, but “Buy Local” only works if “Local” saves you money. Going out of your way to prop up local businesses is clearly your choice, but any effort to artificially reduce competition just results in higher costs and greater inefficiency. 

If “communities throughout the U.S.” did this very thing, we’d be in seriously dire straits. Trade creates wealth at a greater clip if those trades are of the greatest value to both parties. Such artificial caps reduce the overall wealth and welfare. Yes, it looks good for your community in the short term, but “if everyone else did it” there would be a tremendous flow of capital into the community that gets shut off in the bargain.

If Zekie and CDM2008 have their way, you’d better get used to those $2 bills, because they’ll be getting awful lonely and stale.

The stock market shouldn’t rise and fall on the words of the President.  Is it just me or is Washington simple too involved with Wall Street?  I know that isn’t a no-brainer, but the more Washington gets involved the worse off we will all be.

What ever happened to a sound economic policy out of Washington, which would enable the market to react to the economy as a whole? We need to get away from Washington determine how and when to save the economy.

These people can’t even balance their own taxes.

Obama’s policies and politics may not be receiving the attention they deserve, but interesting Rush Limbaugh is receiving much more than he should.  This won’t last long.  At some point, attention will be directed where it is due and that is at the person in charge.

Obama and his team may want to direct as much attention away from themselves as possible, though at some point it will all come back around.

This is about policies of debt and socialization that essentialy steal from younger voters and give everything to Baby Boomers.  You would think (and hope) that the youth generation would awaken to this fact at some point…  Well, here is to hoping.

It isn’t about a radio personality.

It is simply time to do away with these ineffective laws and so many others.

Actually, I want several.

They don’t yet exist, so I may have to go through Cafepress to create them.

The below image is a metaphor for the state of the economy right now.  We are in a place we shouldn’t be and in a very precarious position.

Out of Place

Nationalization, socialization, increased deficits, unfettered spending, it goes on and on. Let’s hope the wind doesn’t pick up or that we simply don’t slip.

Couldn't have said it better myself

Courtesy of FaceTheState

A funny thing happened yesterday while skiing at Crystal Mountain (near Mt. Rainier).  A friend mentioned to another friend that I was the only Republican in Washington State in response to his mentioning that he worked on the Obama campaign as a designer.

Obviously, there was definitely a response from the lift line we were in to the ominous “Republican” label.  There was an even more noticable shift towards “whew, that was close” when I responded that I am actually a Libertarian.

Who would have thought that being a Libertarian is much more accepted in a heavily Blue State?