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Thursday, February 28, 2013

The Decline Of The Republic

"Yuck" Hagel was confirmed and here we have the people running the country PROVING that they are not qualified to bag groceries:



Maxine Waters thinks that 170 million jobs will be lost due to sequestration. 170 million. She calls that a "setback". We only have, by the most generous measure, 143 million people working, so I'd call it more than a setback. More like "Asteroid Sequestration hits, wipes out all US life."


Of course, if you are that numerically illiterate, perhaps 2% cuts do cause you to fear disaster.

I'm REALLY depressed.

Comments:
I love when politicians reveal some important tidbit of information through Freudian slips of the tongue, maybe this is one of those times. She must be including all the undocumented employees she's heard about in her employment number too... Though sheesh, that´s more than I event thought were here. No wonder everyone is pushing so hard for amnesty. That's a lot of votes.
 
We in SoCal are totally familiar with Maxine, and this is typical. Sigh.
 
"Of course, if you are that numerically illiterate, perhaps 2% cuts do cause you to fear disaster."

Clowns making balloon animals fear 2% cuts. I'm not suggesting that correlation proves causation though.

That said, 170 million jobs lost? Here's a better video that describes the thought process.


 
Amazing how much stupid you put on one stage.
 
Maxine serves a very useful purpose. She is a one women argument against majority minority districts.
 
Nothing can be done about the decline. When the corrupt liberal patronage system power structure reaches a critical mass it cannot be undone. See California and New York. Watch France closely. Plan for it. Try to take advantage of it. These kind of societies can be very powerful for very long. California and New York pretty much rule the country. Try to know your position in it. Do you depend on the government? Do you have a lot of illiquid assets? Are you politically connected? What are your vulnerabilities? Do what if scenarios. Even one where the U.S. isn’t militarily strong and is pushed around in the world. When prepared, you are not stressed. Don’t be caught off guard like the liberal democratic protestors in Egypt were. They were betrayed. The U.S. will support their enemies. The IMF will support their enemies. Expect it. Plan for it.
 
Age and citizenship are the only requirements for holding Federal office. It might be interesting if they required a mim IQ say 120,large stock holdings,military service,property owner,and loves to travel at tax payers expense!
 
Allow me to repost something I read:

In my opinion, the supposed negative impact on the economy that will result from the sequester is not only over-hyped, but it is outright incorrect. The government does not invest OPM in productive ways. Most of it is spent on consumption (i.e., consuming that which has already been produced). When the government taxes or borrows in order to get OPM, those Other People by definition have less money to spend or invest. I welcome the sequester as one of the only positive factors coming from Washington in a long time.
 

cf:

I'm concerned that most of the cuts come from DoD, and that the decision very well might be to cut muscle, not fat.

M_O_M,

Congressional fools and windbag Senators are nothing new and not worth your worry, if I may be so bold. I advise a viewing of "Lil' Abner", the musical. I agree with JC to at least a certain extent--it's no good looking to Republicans or Democrats to save the situation. That ship has sailed, and it's the Titanic.

If anyone is to fix things, they will come from a new power structure outside the existing system. Tending to that eventuality is worth some thought.




 
This veterinarian is more stupid the Ms. Waters. Look at the mess she created for herself. She will never own a home. Who would even marry her?

http://tinyurl.com/ahpw4fk

Remarkable comments from the Fed on student loan delinquencies...now at 30 percent...cannot afford to buy homes or houses...

http://tinyurl.com/an7badh
 
Neil - we're heading toward being new Italy. The ship has sailed. The captain....

CF - I think the sequester needs to go into effect. It seems we need some practice on how to deal with these matters.

Mark - But that's so cheerful! We need a sadder-sounding horn. Like a foghorn.
 
Neil: I understand your point. Unfortunately there was no other way and we need to start somewhere.


 
Mark - But that's so cheerful! We need a sadder-sounding horn. Like a foghorn.

Note to self: Include foghorn video in an exponential trend failure post during the next recession. Genius!

That's assuming, of course, that the experts are wrong about the Fed permanently putting a stop to all future recessions even as our economy remains hopelessly weak.
 
This veterinarian is more stupid the Ms. Waters. Look at the mess she created for herself. She will never own a home. Who would even marry her?"

New link...

http://www.nytimes.com/2013/02/24/business/high-debt-and-falling-demand-trap-new-veterinarians.html?pagewanted=all
 
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