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Tag Archives: Barack Obama

Obama Adviser Podesta Caught Green-Handed In Major Ethics Violation

This is pretty par for the course. The idea with these folks is that they are “doing well while they are doing “good.””

This is how much crony capitalism is justified in Washington DC.

At this point the only way these guys can get into any trouble with this stuff is if an interest directly hands a wad of hundred dollar bills to a politician while a reporter records the transaction. And even then.

One doesn’t have to be above the law if one can simply write the law to one’s (low) level.

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The Federal Reserve Has Declared the Winner in the Generational Financial War

Sorry baby boomers but you are killing us. You enjoyed an economic rising tide for pretty much your whole lives (a tide which today’s young adults can’t even dream of)  and, well, if you haven’t squared yourself away financially by now (I am speaking generationally here) I don’t have a whole lot of sympathy. The money is running out. Sorry. I’m not inclined to run my financial life and that of my country into the ground just because you’ve been “promised” a certain standard of living.

It sounds harsh, and perhaps in some ways it is. But you’ve gotten the breaks. You got to party. You guys divorced each other, did blow, and leveraged the country to meet your “needs.” Now my generation has to clean things up and put things in order, like adults.

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Forget College For Everyone: Forgive Student Loans (?) And End Further Subsidies

The recent proposal from the president to have the middle class pay for community college for “everyone” (Largely by raising taxes on 529 plans. How stupid is that?) is little more than an attempt to buy votes from potential students who don’t know better and to reward a university industry which overwhelmingly supports the president.

Again it is the middle class, not the rich (as has been sold) which will pay for this.

Below is a not so modest proposal for a better way. It has some merit. This is not an endorsement, but it deserves thought. We certainly need to stop the academic gravy train in this country and government sponsored debt servitude.

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Rand Paul’s SOTU response: “We will not cut one penny from the safety net until we’ve cut every penny from corporate welfare.”

I’m cool with this. Sure the so called “safety net” has tons of fraud in it. Sure it often discourages people from being productive parts of society.These issues need to be addressed, and God willing they will be. But I think it’s pretty reasonable to say that taxpayers shouldn’t be paying one dime to corporations and that crony capitalism should be first on the chopping block.

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Report from The Progressive Farmer: Obamacare inflicting serious pain on small time farms

Most farming in this country is done by massive agribusiness conglomerates. But there are still a few small farmers out there. There may be fewer however once Obamacare really takes hold.

Below is yet another example of how red tape and over regulation push small businesses over the edge while large businesses benefit from the increased complexity and cost of regs. In the medium run the big guys gain market share and keep upstart innovators in check. All thanks to government “solutions.”

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CISPA is back, Corporations and government sharing your data with each other. What could be better?

(From Cispaisback.org)

This marks the third time Congress is trying to pass the bill to allow corporations to share our personal data with governments loosely. In addition, the 2015 version of CISPA would create a data sharing program between the Department of Homeland Security, Director of National Intelligence, and Secretary of Defense, with no accountability measures outside of their own agencies. Not only that, but any data shared would be exempt from the Freedom of Information Act.

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Big Business and Big Government are often natural allies

It’s amazing but even now many people refuse to see this rather obvious fact. Government and big business like each other. For the most part they aren’t rivals. GM, Goldman Sachs, GE, Boeing, JPMorgan, Monsanto, Walmart, Chrysler, Berkshire Hathaway, Google, CVS, AT&T, Northrup Grumman and many other giant companies are partners (to a significant degree) with the US government.

Why?

Because that’s where the money is. Specifically taxpayer money.

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