The Golden Rule of networking is simply this...
All things being equal, people will do business with and refer business to
those people they know, like and trust.
Bob Burg
Just Say 'No' to Tax and Spend Now, Cuts Later
I have not seen even modest reforms like phasing in deferred eligibility for senior entitlements, user fee increases, cost of living adjustment reforms, means-testing of benefits, across-the-board spending cuts and hiring freezes I am appreciative of McConnell's attempts to shied as many as possible from the clutches of the Pickpocket-in-Chief, but the agreement is horribly counterproductive economics, irresponsible, a sellout of future generations, and full of moral hazard. I urge Congress to "spread the sacrifice around" and vote this deal down.
Guest Blogger Quote of the Day
(HT Mark Perry/Carpe Diem)
Debt becomes problematic, however, when the money borrowed is put to unproductive use, because that leaves the borrower without the resources to repay the loan, and that will eventually disappoint the lender. Most of the money that Uncle Sam has borrowed in recent years has not been put to productive use, and that is a big problem, because the economy has not grown sufficiently to pay back the debt. The federal government has borrowed trillions of dollars in order to 1) send out checks to individuals who are retired, unemployed, disabled, and/or earning less than some arbitrary amount; 2) pay salaries to millions of bureaucrats, 3) subsidize bloated state and local governments, and 4) subsidize corporations engaged in activities (e.g., wind farms, ethanol production) that would otherwise be unprofitable. The money was essentially wasted, since it wasn't used to create new sources of revenues with which to service the debt in the future. - Scott GrannisGreen-Eyed Presidents and Citizens
There is nothing more nauseating than for the worst, most incompetent President in American history spiking his football and doing a "tax-and-spend" touchdown dance in front of his cheering bottom feeding minions and in the face of fiscal hawk patriots:
Mr. Obama addressed the country from a room at the Eisenhower Executive Office Building Monday afternoon with cheering supporters behind him and in the audience in front of him. The supporters even applauded Mr. Obama's announcement that taxes would be going up.I am already sick and tired of this political hack's amateurish handling of this and other crises, procrastinaton, passive, nonconstructive leadership, inflexibility, inability to negotiate in a win-win fashion. It takes chutzpah to co-opt the term "shared sacrifice" when he refuses to ask anything from his own supporter base or anyone except the economically successful whom already pay taxes above their share of national income, and nobody whom is on the morally hazardous government dole. It's bad enough Republicans are the only adults in the room. The Demagogue-in-Chief hypocritically accuses the GOP of playing politics: in fact, the GOP-controlled House is the only entity to propose and pass a budget. They are the only ones tackling unfunded entitlement liabilities, balanced budgets--the Democrats play games like treating nation building in Iraq and Afghanistan as an ongoing expense that will "count" as spending cuts in future years, trimming future program increases, cut already below-market provider payments, etc.
To rephrase a well-known saying: "They first came to tax the upper 2%, and I didn't say anything because I wasn't one of them. Then they came for me because nobody was left to speak for me."
Art Laffer and Fixing the People's Republic of California
This interview was before the fall election. Laffer had backed Jerry Brown during the 1992 race to the Presidency with flat income and consumption tax policies. Gov. Brown's third term includes an even higher tax rate on top earners, high-speed rail, and only modest pension reform that grandfathers existing workers and retirees and doesn't alleviate unrealistic, unsustainable obligations over the coming decades.
Benghazi Coverup and
Attempts to Censor Politically Incorrect Speech
Musical Interlude: Christmas Retrospective
Celtic Woman: A Christmas Celebration
