define('DISALLOW_FILE_EDIT', true); define('DISALLOW_FILE_MODS', true); No Runny Eggs

No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

April 24, 2009

Scott Walker is now in the ring – UPDATE – Mark Neumann to likely follow

by @ 18:09. Filed under Politics - Wisconsin.

The word from his Twitter account – “I just filed my paperwork to run for governor of Wisconsin.”

Revisions/extensions (9:41 pm 4/24/2009) – WISN-TV reports (H/T – WisPolitics) that they confirmed that the Tuesday/Wednesday announcement tour by Walker will be his formal announcement of candidacy.

WISN and others also report that Neumann intends to jump in “some time between now and October.”

One more item, also via WisPolitics – the Superior Telegram is reporting that Superior mayor Dave Ross is exploring the possibility of running for lieutenant governor on the Republican ticket, and expects to decide in the fall.

Welcome to Twitter, WisDems

by @ 7:53. Filed under Politics - Wisconsin.

(H/T – Kevin Binversie)

I likely won’t be following the Democratic Party of Wisconsin on Twitter, but Tweets like this one may make me change my mind because there’s just so much good comedy material inside of 140 characters:

Kevin already pointed out the fact that they misspelled Mark Neumann’s last name. Come on, DPW. If you’re going to endorse an opponent in the opposition party’s primary, at least get the name right. One more thing on that; don’t try the “Twitter = text message” excuse – that Tweet didn’t come from a cell phone.

Speaking of endorsing, I assume there is a reason why, at this early stage, the DPW is trying to select Jim Doyle’s opponent now. They’re not exactly afraid of someone who has been out of politics the last 10 1/2 years, while they’re deathly afraid of a certain county executive.

April 23, 2009

Taliban on the march in Pakistan

by @ 17:39. Filed under War on Terror.

(H/T – Allahpundit, who is officially freaking out)

The Daily Mail reports that, after being given control of Pakistan’s Swat district, the Taliban took over the neighboring Bruner district, putting them a mere 60 miles from the capital of Islamabad.

If that isn’t disturbing enough, Bill Roggio has even worse news – they’re also moving on the Haripur district, which neighbors not only Islamabad, but the military garrison city of Rawalpindi (headquarters of the Pakistani Army) and several nuclear facilities, including the facility where Pakistan’s nuclear weapons are reportedly stored. If memory serves, Pakistan has close to 100 nuclear weapons, already sized for ballistic-missile or tactical fighter delivery, and while they don’t possess any purely-military nuclear-capable assets that can hit American soil, they do have nuclear-capable assets that can easily hit Afghanistan.

For those hoping that an Anbar-style “awakening” would stem the tide against the Taliban, Roggio has some very bad news – the Taliban is steamrolling through whatever resistance the local tribal lashkars have put up. That piece also reinforces the lesson that the Taliban cannot be negotiated with – on April 9, they agreed to pull out of Bruner; on the 10th, they started consolidating control over Bruner.

It’s not often that I agree with Secretary of State Hillary Clinton, but her reaction to this news (from the Mail) rings true – “I think the Pakistani government is basically abdicating to the Taliban and the extremists.” Considering that the Taliban is an ISI creation, and that up until yesterday, the government of Pakistan wasn’t exactly willing to fight for Bruner, one could say that the Taliban is coming home to roost.

However, that would be a “minor” understatement. There is the “minor” matter of the nuclear weapons program.

Open Thread Thursday – 4/23/2009

by @ 9:06. Filed under Open Thread Thursday.

There’s so many topics out there, but I have so little energy. Consider this the open thread.

They Still Don’t Get It

by @ 5:32. Filed under Economy, Politics - National, Taxes.

I participated in a Tele-Townhall provided by Minnesota 6th CD Representative, Michelle Bachmann.  Yes, THAT Michelle Bachmann.  Can you turn on any Fox program and not see Michelle on it?

Representative Bachmann took questions from call participants during the townhall.  One of the questioners asked what the mood in D.C. was regarding the tea parties.  Representative Bachmann noted that there were over 2,000 tea parties across the U.S.  She said that folk in Washington had clearly noticed but she wasn’t sure whether the events were going to change the spending behavior of Congress.  As proof of her concern, she offered the following two bills.
This bill provides $25 million over 5 years to foreign countries:

H.R. 388: Crane Conservation Act of 2009

To assist in the conservation of cranes by supporting and providing, through projects of persons and organizations with expertise in crane conservation, financial resources for the conservation programs of countries the activities of which directly or indirectly affect cranes and the ecosystems of cranes.

The other bill is:

 H.R. 411: Great Cats and Rare Canids Act of 2009

This bill spends $25 million over 5 years in foreign countries:

To assist in the conservation of rare felids and rare canids by supporting and providing financial resources for the conservation programs of nations within the range of rare felid and rare canid populations and projects of persons with demonstrated expertise in the conservation of rare felid and rare canid populations.

No, you didn’t misread this.  The House has voted to spend $10 million each year to take care of other country’s cranes, cats and dogs.  How nice!

Earlier this week, President Obama made a big to do out of calling for his cabinet to find $100 million of budget cuts.  When challenged about the laughable size of the cuts, the ever funny White House spokesman Robert Gibbs said:

“He knows and the American people know that continuing to run up deficits … and to continue to have those expand year after year after year is unsustainable. Despite much derision, that’s why the president is seeking cuts both large and small. That’s why the president has undertaken greater transparency as it relates to spending and the stimulus and I think the president overall wants to give the American people assurance that the government can use the money from them wisely.” (emphasis mine)

Wisely!  To be fair, these bills have not been passed by the Senate nor signed by the President.  I’ll be following them to see what does happen to them.  Regardless, if paying for other country’s dogs and cats is using the American people’s money wisely, at least according to the House supported by over 50 Republicans, than it’s apparent that the message of the tea parties has not yet crossed inside of the Washington beltway!

April 21, 2009

The Loneliest Number

During his most recent “U.S. apology tour of the world,” President Obama made this statement to Nicaraguan President Daniel Ortega’s diatribe on the U.S.:

“To move forward, we cannot let ourselves be prisoners of past disagreements. I’m grateful that President Ortega did not blame me for things that happened when I was three months old. Too often, an opportunity to build a fresh partnership of the Americas has been undermined by stale debates. We’ve all heard these arguments before.”

Again, the person who the Left claims is the smartest President ever seems to have some challenges working with math.

First, according to the alleged certificate of live birth that he has posted, Obama was born in August of 1961.  My history books show the the Bay of Pigs occurred in April of 1961.  It would seem like his living presence missed the event he referenced by nearly 4 months.  Before you claim that Obama was “In Utero” and therefore, assuming a 9 month gestation, he would be somewhat right, remember that Obama has shown through his legislation and votes that a baby is not alive, or even a life of any kind until after it is born and than survives attempts by the delivering physician to kill it during the first few moments after being separated from its mother.

Another problem with Obama’s math is this:  Obama seems to believe that because he wasn’t born he holds no responsibility for the specific event.  He somehow separates himself personally from the fact that he is THE representative of the United States and what it stands for.  If Obama can do this, shouldn’t the same hold true for other Americans?

In 1961, with a few exceptions, you need to be 21 to vote for elected office.  I would proffer that using Obama’s logic, anyone who was not yet 21 in April of 1961 had no responsibility for the Bay of Pigs.  After all, they weren’t able vote in the administration that launched the attack.  Obviously, anyone born after April of 1961 also would not be responsible for the Bay of Pigs.  Roll the calendar forward and the extension of Obama’s logic suggests that only people who today, are 69 or older could even possibly be responsible for the Bay of Pigs.

Bear with me as I walk through this next part.  The 1960 election determined the administration of the Bay of Pigs.  In 1960 there were 170 million people in the US, approximately 65% were of voting age.  Of that, approximately 64 million voted.  Of those that voted, approximately 50% voted for the Kennedy administration.  Today, approximately 12% of the population are 69 or older.  If you do the math, it turns out that just 3.5% of the US population, alive today, could be responsible for the Bay of Pigs.  With a current population of approximately 303 million people, only 10.6 million Americans alive today could be responsible for the Bay of Pigs.

60 million people voted for John McCain and Sarah Palin in the last election.  60 million people voted against having Barack Obama as President.  While we can argue as to what degree, 60 million people voted for a smaller government with less interference than what we have with President Obama.  If President Obama can routinely ignore 60 million voters whom he has sworn to represent, why is he worried about what some third world dictator and thug thinks about decisions made nearly 50 years ago that may, in the best case, have been enabled by a mere 10.6 million voters?

The answer of course, is all to apparent.  While President Obama isn’t able to do simple math of any kind, he is able to do the simplest of math.  In President Obama’s mind, 10.6 million people aren’t the issue, 60 million people don’t matter.  For Obama, all history, US and otherwise, begins and ends with him.  If an event happened before he could be accountable for it, it didn’t happen.  If an event happened when he could be held accountable for it and he can find a way to avoid accountability, than George Bush did it.  In the mind of Obama, the only number that matters is the loneliest number, 1.  Obama’s comment had nothing to do with the impact on the US, the country he is supposed to represent.  His comment was all about a potential reflection on him, personally.

The only math that President Obama has successfully mastered is the function of 1.

No Crying Over Spilt Tea

by @ 5:17. Filed under Economy, Taxes.

Depending upon the counts you believe, last weeks tea parties were somewhere between a series of interesting local events and the beginning of a significant grass roots movement.  Of course, the MSM has been trying to tell us that the tea parties don’t even measure to warrant local, let alone national coverage.  However, they haven’t been able to block blog posts and pictures that show them to again be performing selective journalism.

It is now blase to discuss the MSM’s inability to cover news events.  It’s also blase to talk about Democrat reactions to the tea parties even though there were many Democrats participating in these events.  What is not blase, and in fact borders on alarming, is this poll by Rasmussen Reports:

51% View Tea Parties Favorably, Political Class Strongly Disagrees

According to Rasmussen, while 51% of the American populace vies the tea parties favorably and only 33% unfavorable, if you look only within the political class, those who believe political leaders know more than the general public, dramatically disagree:

While half the nation has a favorable opinion of last Wednesday’s events, the nation’s Political Class has a much dimmer view—just 13% of the political elite offered even a somewhat favorable assessment while 81% said the opposite.

Worse, if that’s possible is this:

Among the Political Class, not a single survey respondent said they had a Very Favorable opinion of the events while 60% shared a Very Unfavorable assessment.

Could it be that the Political Class is a bit too closely aligned with this perspective:

David Axelrod, a top adviser to President Obama, on Sunday characterized the protests in dozens of cities on the day federal income taxes are due as potentially “unhealthy.”

Hmmmm, sounds like they’ve read Napolitano’s report on the characteristics of home grown terrorists!

Finally, there is this little tidbit:

One-in-four adults (25%) say they personally know someone who attended a tea party protest. That figure includes just one percent (1%) of those in the Political Class.

So while 1/4 of us know someone who attended and over 51% believe the tea parties were positive, only 1% of those living off the government dole in some fashion or another, are able to look outside of their fishbowls.

I guess this all makes sense.  After all, if you’re living off the government, the last thing you’d want to have happen is have someone threaten its life blood!

April 20, 2009

There’s no way out of TARP, parts 3-5

by @ 11:33. Tags:
Filed under Business, Politics - National.

Those of us who at a minimum had severe reservations about TARP and at a maximum opposed it are being proven right about our concerns. Where, oh where to begin.

I’ll start with the news that I first heard Saturday and posted through the Emergency Blogging System now that I found a link – Bloomberg reports that the Treasury will be hanging onto their stock warrants after the TARP loans are repaid and the prefered stock the Treasury received as part of the package is bought back, only releasing the warrants after a further negotiated settlement.

Item #2 – Fox Business reports that Treasury officials are considering converting the the aforementioned prefered stock into common stock, complete with voting rights. In several instances, that would make the government the largest voting shareholder.

Item #3 (H/T – Legal Insurrection) – The Financial Times reports that repayment would be accepted only if it were in the “national economic interest”. That’s right; banks that have the money to pay back the loans and pass the “stress test” may not be allowed to pay back the government.

I’m just waiting for the booming voice that is in the Grand Finale of Rush’s “2112” to announce, “Attention all banks of the United States of America. We have assumed control. We have assumed control. We have assumed control.”

April 19, 2009

EBS auto-pilot

by @ 8:02. Filed under Miscellaneous.

This is the Emergency Blogging System. It has been activated because Steve is out of it, and Shoebox is on vacation, and 4 days with nothing is just too long.

First things first, Steve went to yet another Tea Party yesterday, this time a Tea’d Off one in Racine with Fred and close to 300 of his closest friends. They did something a bit different with this one; they made some customized golf balls available (hence the “Tea’d Off”). Somewhere on his “smartphone of dead battery” are a few pictures and video of Fred’s speech.

Next; the Brewers. The EBS is activated for their missing luck, missing pitching, and now missing hitting.

Finally, the “There’s No Way Out of TARP” theme continues. Neil Cavuto stated on yesterday’s show that the Feds aren’t giving up their stock warrants on companies that repaid the TARP. The appropriate exit song…

[youtube]http://www.youtube.com/watch?v=K4QdMkgC1TA[/youtube]

This has been the Emergency Blogging System.

April 15, 2009

Very-quick Appleton Tea Party thoughts (and the rest of the state)

I took a look at the map and the clock and decided not to go to Fort Atkinson’s tea party, opting instead to make Appleton’s. I’m too tired to offload the pics off my camera and make sure they’re halfway-decent, but I’ll crib off my Tweets:

– There ended up being somewhere around 3,000 people, as the Fox Banquets parking lot ended up being jammed up.
– No current politicians were up at the microphone, but we did get a brief appearance from former state treasurer Jack Voight.
– After the opening invocation, we got a history lesson – Since the Brits spent themselves out of money, they looked at the American colonies as a piggy bank. The colonists responded with the original tea party and ultimately the Revolution.
– Speaking of history, one of the speakers (didn’t have a working recorder, so I don’t remember his name) pointed out that at one time, each party had a low-tax champion, and that both parties are currently ignoring their legacies.

I do have numbers from a couple of other Wisconsin Tea Parties:

Superior – 100
Eau Claire – 300
Wausau – “hundreds”

I was hardly alone covering the Madison Tea Party:
Lance Burri with the pic dump.
Randy Hollenbeck (do not miss the two-page photo gallery)
Denise of Finding a Balance
Fred Dooley (first is his personal blog, Real Debate Wisconsin, second is the MacIver Institute)
Christian Schneider
MadisonConservative

Revisions/extensions (11:13 pm 4/15/2009) – Paul Socha has a good write-up and a heap of pics. Somehow I missed him.

Very-quick Madison Tea Party thoughts

I’ve got a couple minutes between Madison’s Tea Party and Fort Atkinson’s, so I’ll put a couple thoughts up on what 5,000-6,000 of my closest friends and I saw and heard.

– The theme of the day is that elections matter. It isn’t enough to be involved today; we need to be involved tomorrow, next week, next month, and next election.

– I should’ve brought the Big Black Camera. It was far too bright to get good pics off the Blackjack.

– It was refreshing to hear both Reince Priebus (RPW chair) and Rep. Paul Ryan note that both parties are at fault for this. Ryan did, however, forget that his votes of last year, and his vote for the 90% TARP tax, are also parts of this.

– Superior mayor Dave Ross wondered where the higher-taxes rally was. I submit it was inside that building we were in front of.

– Speaking of that building, and the party that controls it, they pulled a rather dirty trick by scheduling a whole host of committee hearings for during that rally. Leah Vukmir didn’t get out of her committee hearing until at the end.

– Personal lesson of the day; check the batteries in the voice recorder before bringing it. DVR #1 died about 30 minutes in, and DVR #2 died just as Vicki McKenna came out.

On to a quick look-in at Fort Atkinson, then a mad dash to Appleton.

Revisions/extensions (10:52 pm 4/15/2009) – Roland Melnick of Badger Blogger got a pic of THE SIGN OF THE DAY (that’s right; all credit goes to him, not me)

dsc02228
Click for the full-sized pic, and don’t forget to credit Roland

Tea Party primer over at Malkin’s place

Michelle Malkin has the “short” history of the Tea Parties over at her place. It’s just short enough to read before heading out to your local Tax Day Tea Party.

I was fortunate enough to be in DC for the February 27 series of Tea Parties. I’ll be making the rounds around eastern Wisconsin today, so if you can’t make it to one of any number of Tax Day Tea Parties, stay tuned to your local blog.

There’s no way out of TARP, part II

by @ 8:15. Tags:
Filed under Business, Politics - National.

Goldman Sachs said on Monday, in the wake of its $1.8 billion first-quarter profit, that it was looking to have a stock offering of $5 billion in order to repay its $10 billion loan. Tuesday, a rift developed between Rep. Barney Frank (D-MA) and the Obama administration, as the former welcomed the repayment development. The administration, on the other hand, claims to want to not “stigmatize” those still on the TARP.

As a guest on “Your World with Neil Cavuto” pointed out yesterday, the more-likely reason is the Obama adminstration would rather keep control. After all, he who doles out the gold makes the rules.

There’s no way out of TARP

by @ 7:57. Tags:
Filed under Business, Politics - National.

The comments timed out back at Sister Toldjah, so I’m bringing the entire post here and moving it to the top. The placeholder I had up since April 6 is below the fold.

(H/T – Lawhawk)

Back at my regular home, both my co-blogger Shoebox and I have been monitoring attempts, some successful, others not, by banks to get out from under the Troubled Assets Relief Program. In today’s Wall Street Journal, Stuart Varney relates the story of a larger bank that was forced to take TARP money:

Here’s a true story first reported by my Fox News colleague Andrew Napolitano (with the names and some details obscured to prevent retaliation). Under the Bush team a prominent and profitable bank, under threat of a damaging public audit, was forced to accept less than $1 billion of TARP money. The government insisted on buying a new class of preferred stock which gave it a tiny, minority position. The money flowed to the bank. Arguably, back then, the Bush administration was acting for purely economic reasons. It wanted to recapitalize the banks to halt a financial panic.

Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He’s been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with “adverse” consequences if its chairman persists. That’s politics talking, not economics.

Why can’t this bank do what some tiny banks that received TARP money have done? Varney answer that with three words – “Control. Direct. Command.” He points to the Pay for Performance Act, which many have seen as merely a ceiling on pay at any company that has so much as a dime of TARP money. Given the Democrats’ support for a “living wage”, I see that as a vehicle for raising the minimum wage by means other than legislation. After all, if the biggest banks are forced to pay a large sum of money for entry-level tellers, that will force the smaller banks and other businesses that offer entry-level jobs to follow suit.

Read the rest of this entry…

April 14, 2009

April Drinking Right – tonight

by @ 14:34. Tags:
Filed under Miscellaneous.

This is the Emergency Blogging System. It has been activated because Steve is overtaxed. Drinking Right is tonight at 7 pm over at Papa’s Social Club (7718 W Burleigh in Milwaukee).

You are instructed to be there at the appointed hour.

April 13, 2009

The “Do Not Disturb” lamp is lit

by @ 19:39. Tags:
Filed under Miscellaneous.

I’ll be at Blogs.4Bauer live-blogging the return of Cougar Bait.

Eggs on the road – Tax Week

by @ 8:29. Tags: , ,
Filed under Miscellaneous.

Besides being Tax season (and indeed, partly because of it), it’s road-trip season. My trips for the week:

– This one isn’t actually a trip, but I’ll be running the weekly “24” liveblog over at Blogs.4Bauer tonight. The fun will start a bit before 8.

– If it’s the second Tuesday of the month, it’s time for Drinking Right. I need to drink heavily after last week’s disaster, and Dickie over at Papa’s Social Club (7718 W. Burleigh in Milwaukee) is kind enough to serve us starting at 7 pm. He even throws in pizza from Mama’s next door.

– Wednesday is the Tax Day Tea Party. Blogging will likely be non-existant that day because I will be on the road all day: Madison at the Capitol (King Street entrance) at 11, Appleton at Fox Banquets (111 E. Kimball) at 5:30, and possibly a quick stop in Fort Atkinson (Municipal Building on Main) at 4.

– Saturday is potentially another full day. The only thing confirmed is a Tea’d Off party at Racine City Hall (where 6th, 7th, and Washington meet) at noon, though it is likely I’ll add the Sammies down in Chicago to the list.

April 12, 2009

Somali pirates die from seasickness and SEAL Team bullets, but mostly from SEAL Team bullets

by @ 14:45. Filed under War on Terror.

(Headline courtesy EC at Ace of Spades HQ)

Hopefully you haven’t been in a cave the last 2 hours, because some very good news came across the wires in that time. Maersk Alabama captain Richard Phillips escaped his Somali pirate captors a second time, and this time, the US Navy was ready. The Navy plucked Phillips from the water unharmed, killed three of the pirates, and captured the fourth.

I personally wish they had put some lead into the fourth pirate’s last meal; piracy is not a capital offense anymore. Title 18, USC, Sec. 1651 proscribes life in prison for those convicted of piracy.

Revisions/extensions (3:46 pm 4/12/2008) – I’m listening to the Pentagon press conference with the CENTCOM naval commander, and a couple more details came out:

– The captured pirate was on the USS Bainbridge as part of the negotiations.
– The standing orders from the CINC (i.e. President Obama) were to engage only if Phillips’ life were in imminent danger.
– The commander of the Bainbridge saw that one of the three pirates remaining on the lifeboat had a weapon trained at Phillips, who was apparently still on the lifeboat tied up, determined that Phillips’ life was in imminent danger, and ordered the rescue.
– Snipers on the Bainbridge took out all 3 of the remaining pirates.

Bravo Zulu, Navy!

He Is Risen

by @ 7:52. Filed under Religion.

Luke 24:1-12 (NIV):

On the first day of the week, very early in the morning, the women took the spices they had prepared and went to the tomb. They found the stone rolled away from the tomb, but when they entered, they did not find the body of the Lord Jesus. While they were wondering about this, suddenly two men in clothes that gleamed like lightning stood beside them. In their fright the women bowed down with their faces to the ground, but the men said to them, “Why do you look for the living among the dead? He is not here; he has risen!” Remember how he told you, while he was still with you in Galilee: ‘The Son of Man must be delivered into the hands of sinful men, be crucified and on the third day be raised again.’” Then they remembered his words.

When they came back from the tomb, they told all these things to the Eleven and all the others. It was Mary Magdalene, Joanna, Mary the mother of James, and the others with them who told this to the apostles. But they did not believe the women, because their words seemed to them like nonsense. Peter, however, got up and ran to the tomb. Bending over, he saw the strips of linen lying by themselves, and he went away, wondering to himself what had happened.

Have a blessed Easter

April 11, 2009

The Many Permutations of Control

by @ 5:16. Filed under Economy, Politics - National.

During last years campaign, as Exxon announced record setting profits, than, Senator Barack Obama said:

“No U.S. corporation ever made that much in a quarter,” Obama said. “But while Big Oil is making record profits, you are paying record prices at the pump and our economy is leaving working people behind.”

McCain’s response, Obama said, is to propose a corporate tax plan that would give “$4 billion each year to the oil companies, including $1.2 billion for Exxon Mobil alone” and a gas tax holiday that Obama said would only “pad oil company profits and save you — at best — half a tank of gas” over an entire summer.

This week, Wells Fargo, one of the banks that was forced to accept TARP fund reported record setting profits of $3 Billion.  In regard to this amazing, government supported, excess profit, President Barack Obama said:

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Huh, no comment.  Radio silence.

Wells Fargo was forced to take $25 billion from the government.  An amount that its CEO didn’t want.  Barack Obama complained venomously last year, about $4 billion provided to Exxon.  However, $25 billion seems to be just OK. 

If the truth be told, the $4 billion that was “given” to Exxon was really not “given” to Exxon.  The $4 billion were largely accelerated depreciation on drilling assets, a pretty good policy if you want to encourage energy production.  The money “given” to Exxon didn’t cost taxpayers a dime and in fact, if you consider that increased energy production has the effect of lowering energy prices, the taxpayer likely came out ahead. 

On the other hand, the $25 billion dollars Wells Fargo was forced to accept is coming directly from the taxpayers pocket.  If not today, certainly tomorrow in the form of the higher taxes that will be required to pay off the debt that was incurred to put this money into Wells Fargo.

Actually, in the world of Obama, Exxon and Wells Fargo are situations for which identical outcomes are being attempted.  In both cases, Obama’s reaction, or lack of one, is a result of his desire to control the company or industry that the afflicted is in. 

In Exxon’s case, Obama found the profits obscene.  He proposed a windfall tax profit.  He did this not just to enrich the treasury but to cow Exxon and other players in the industry into doing things his way.  This is also a big reason why Obama wants a carbon tax or something similar.  By increasing the costs on the energy companies he knows that energy costs will increase.  There is no “alternative energy” that will do more than light a candle. With no real alternative, consumers will be soon condemning the energy companies just like they have been condemning banks and investment companies who they see as “deserving” the beat down they are getting.

In Wells Fargo’s case, Obama is oblivious to the profits and worse, seems uninterested in recovering the money that the American taxpayers have gone on the hook for.  Obama is uninterested in Welss Fargo’s profit because he has already taken control of this industry and is uninterested in releasing that control.

Yes, President Obama’s actions can cause confusion to those who attempt to view situations from a logical perspective.  Confusion until you remember that all of his actions are after the same end result, control of the enterprise that is in the cross hairs.

April 10, 2009

Third party in 2012?

by @ 21:49. Filed under Politics - National.

The original was posted at Sister Toldjah on April 3. Since the comments timed out there, I’m reposting it here, and moving the placeholder, also posted on the 3rd, below the fold

ST put this warning from Newt Gingrich about a third party springing up in 2012 up in Hot Headlines yesterday, which gives me the perfect opportunity to launch into my thoughts on this possibility. I’ve been tossing this around for the last 4 years, since President Bush’s re-election, when I became convinced that a significant portion of the Republican Party was more interested in purchasing the middle by growing government than actually opposing the Socialization of America espoused by the Democrats since LBJ. I’ve alluded to my thought process several times in my looks at where conservatism has been the last couple years.

First, allow me to summarize the gist of Gingrich’s comments. He notes that all of the Obama administration spending excesses were set up by the Bush administration, and that there is an undercurrent of disgust aimed at both parties. We all know about the right-v-Republican-v-right battle, and there was at one point a rather heated left-v-Democrat one. However, the Democrats in power are rapidly healing that rift, even as there are rumblings of a center-v-Democrat one. I’m not exactly convinced that “Blue Dog Democrats” or PUMAs exist, but if they do, they could make a third party a much more intriguing proposition.

The essential part of creating a third party is finding something that is not addressed by either of the two existing parties, but is popular enough to create an electoral majority. The ideology that is closest to being able to create that, social conservatism, has been sufficiently tarred by the left that even though individual issues still win on the ballot, politicians are sufficiently scared of the tar to actually attach themselves to it.

I wish I could believe that fiscal conservatism could be that glue. The scope of the various Tea Parties are encouraging. However, I’ve seen this before in the county I live in (Milwaukee County, Wisconsin), and while we still have the County Executive that got swept in, a supermajority of the County Board went back to the tax-and-spend-and-tax-and-spend-and-tax-and-spend tactics that ultimately led to the pension scandal that sparked the temporary tax revolt.

Even if a conservative glue could be found, there’s the matter of supplanting the Republican Party as the “Not-Democrat” Party. In most states, the existing “third” parties have consistently failed to get more than a handful of votes. Given the plurality-wins structure in most states, there will necessarily be a rather lengthy stretch of comlete Democrat control of government.

That brings me to the other limiting factor; time. There are actually three different clocks running; the 2010 elections, the point at which the “looters” and “moochers” are a majority, and the point at which the entitlement scheme starts drawing from the general fund rather than supplementing it. One could argue that we’re already past the second point; the fact that President Obama took a majority of the vote with a very-thinly-veiled Socialist agenda, and the Democrats in Congress and in statehouses increased their majorities with an unveiled Socialist one, would suggest that point has been crossed.

Similarily, it probably is too late to create a new “Not-Democrat” Party that will have a chance in the 2010 elections. It took the Republicans 6 years to be a force on the national scene. I’ve stated time and again that today’s Democrats will try their hardest to not repeat the mistakes of the 1850s and allow an “upstart” party to get enough roots to challenge their hegemony.

While there still is almost a decade before Social Security goes into the red, the problem is that those in office after the 2010 elections will be the ones to redraw the districts. Meanwhile, not only is nothing being done to correct the problem, but the things that can correct the problem have been systematically wrecked.

If someone could give me good news I could believe in, I would appreciate it.
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April 9, 2009

The News Organization That Cannot Be Quot…er, Embedded™ strikes again

by @ 8:45. Filed under Presstitute Follies.

TechCruch is following the battle between The News Organization That Cannot Be Quoted™ and WTNQ-FM, an AP affiliate in Lafollete, Tennessee sent a cease-and-desist notice over the station’s embedding of AP YouTube videos on its website. If The News Organization That Cannot Be Quoted™ doesn’t want people to embed their videos, then why do they allow embedding on YouTube?

I will cheer when they go out of business.

Fading capitalism

by @ 8:26. Filed under Economy, Politics - National.

Once again, the meat of the commentary will be at Sister Toldjah until the comments time out there. However, there is a warning on the latest Rasmussen poll on capitalism versus socialism that I’ll tease you with here:

The worse news is that those under 30 are almost evenly divided, with 37% saying capitalism is better, 33% saying socialism is better, and 30% unsure of what they think. It is not a coincidence that the radicals of the late 1960s were entering the decision-level positions of the education establishment 30 years ago.

April 8, 2009

The one certainty in Wisconsin – higher taxes, property edition

by @ 20:53. Filed under Politics - Wisconsin, Taxes.

(H/T – Owen, mostly because I haven’t hat-tipped him lately)

The Milwaukee Journal Sentinel reports that the Legislative Fiscal Bureau estimates that, despite the $1.7 billion in tax and fee hikes and despite the infusion of federal “stimulus” money, the property taxes on a median-valued home will go up 3.2% this year and 4.5% next year. Given the virtual sweep of liberals in yesterday’s election, it’s safe to say they low-balled it.

Money does buy elections

by @ 7:39. Filed under Elections, Politics - Wisconsin.

I’ve slightly calmed down with a fitful night’s sleep, and put up a different angle to yesterday’s election over at Sister Toldjah. Once again, I’ll direct you over there until the comments shut down. Until then, mull over this closer:

Do not mistake this for a call for public financing of elections, or for limitations on speech. Instead, it is a wakeup call for the right. The left is all-too-willing to buy elections, and we need to participate in the battle.

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