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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Sunday, August 25, 2024

"Make Mine Freedom" from 1948: Don't drink the Ism!

So help me, I'm going to show this cartoon from almost eighty years ago until I'm blue in the face, if that's what it takes to stop people from drinking Ism!

It was in 2009 when I first came across "Make Mine Freedom", a 1948 educational film produced by Harding College.  I was immediately struck by how prophetic this animated short was.  How it warned against the dangers of socialism.  "Ism" is a blight that corrupts and destroys everything that it touches.

Not for the first time, not for the last, there are people in this country trying to sell "Ism" to us.  But it is a bitter elixir that will do naught but poison us and rob us and our children of precious liberty.

America is not perfect.  It never has been.  It never will be.  We have made mistakes along the way, just as any other nation has.  But we as a people have done pretty good in owning up to that.  America does NOT need MORE government "fixing things" that we can do on our own.  In America there is equality of opportunity.  There is no guarantee of equality of outcome though, however.  But that is what today's supporters of "Ism" are trying to sell us, and all it results in is that much less freedom and prosperity.

Here is "Make Mine Freedom".  Remember: Don't drink the Ism!



Monday, January 08, 2024

The Berenstain Bears learn about sound economic policy

I knew it!  I just knew that I hadn't imagined this.  A cartoon from 37 years that I saw only once ago and I still remember it!

Around the mid-Eighties there was an animated series based on the beloved Berenstain Bears children's books.  The show ran on Saturday mornings on CBS.  It was pretty good as I seem to recall.  And often quite humorous.


Well, the other day one of the episodes sprang to mind as I was reading the news about the latest attempt to avoid a government shutdown.  It involved the Bear kiddies learning all about money.  How those little green pieces of paper don't have value on their own.  Instead they must be backed up by something with real tangible worth.  In the bears' world this happens to be the purest honey in existence.  Without that backing, as the kids' father puts it there would be total chaos.

In other words: fiat currency is a very terrible thing for a society to have.

This is wise economics from a nearly forty year old animated cartoon made for youngsters.  Even a child can understand the enormity of it.

If only more people had grasped the concept.  This country would not be headed toward the disaster it is hellbent on achieving.  It is indeed chaos and there is not going to be any avoiding it.

Here is the episode: "Raid On Fort Grizzly".  Well worth watching.





Sunday, November 14, 2021

Remember my prediction from this past January?

 Here it is if you've forgotten: my most serious prediction ever...

 

Make a note of this.  January the Sixth, Two Thousand and Twenty-One.  Just before 1 p.m. EST.

If I'm wrong about this I'll eat my fedora.  No really, I will.

Here it is:

I do declare that four years from today, the United States will be in the WORST condition it has been in, in at least the past fifty years.

Hold me to this.  Do it.

I am dead-#@%$ serious.
 
 
 That was ten months ago.  Much less than the forty-eight I allocated to Biden.

Out of control inflation.  Soaring gas prices.  Less food.  Energy costs set to skyrocket.  A military more dedicated to being "woke" than defense readiness.  Americans still stranded in Afghanistan.  Supply chains strangled because of over-burdening regulation on truckers.  Vaccine mandates.  No effective counter to a China becoming more belligerent by the month if not quicker.  The list goes on...

But hey: no more mean tweets!!

"Let's go Brandon."


Saturday, March 14, 2020

Coronavirus: Calling America to the Carpet

Some are almost rubbing their hands in glee at coronavirus: holding to the notion that this is an obvious sign of the Second Coming because Pestilence is loosed upon the land. Though adherent that I aspire to be, my eyes cannot but roll in disbelief. Pandemics are almost as reliable as Old Faithful and will remain so until the end of time. The average span between worldwide outbreaks is around a hundred years. And coronavirus is hot on the centennial of the Spanish Influenza.

No, it is not the time for overzealous fervor to grasp rational thought. But with respect to my fellow Christians, coronavirus is at last the “Come to Jesus” meeting that the United States is long overdue for.

Let’s consider what must certainly be the most serious issue about what coronavirus is now teaching us. We have a woeful, immoral and almost criminal over-reliance on China for our manufactured goods, and especially pharmaceuticals. The vast majority of medication consumed by Americans come from Chinese labs. Many of these facilities, incidentally, have been accused of utilizing manufacturing processes that defy safe and sanitary protocol. Even so, the drugs are being shipped into the U.S. and domestic drug companies care little. After all, it’s easier to charge nigh-unconscionable prices for vitally needed medication when it can be manufactured for pennies overseas. Even cheaply-manufactured medications such as acetaminophen and insulin are now supplied by China. Perhaps ninety percent of antibiotics like penicillin are sent to the U.S. from factories under the ultimate control of Beijing.

Profits are good. Profits drive innovation and research. But the drive for profit in defiance of ethical responsibility has inflicted a grievous wound upon the nation’s self-sufficiency and general integrity. It is a wound that politicians – on both sides of the aisle – have not looked past so much as pour harsh acid upon.

And now comes word that China is threatening to deny America access to drugs that could stem the coronavirus outbreak in our country. It is not an empty threat. Particularly not in the present environment of trade hostility that has already awoken the bear market. Right now the ChiComs are feeling pokey about the U.S.’ international response to the coronavirus pandemic. What happens in the event of a full-blown economic war between east and west? Should China choose to do so, it could cut the spigot off for all distribution of medications to the United States.

Pause and consider what this would mean to diabetics dependent upon their neighborhood drug stores being stocked with insulin, or medications commonly prescribed to address influenza: an illness that far more people each year perish from than will on account of coronavirus. People are now going full- blown paranoid about a shortage of toilet paper. But that can be rationed. With medication, not so much. I myself am now weighing the likelihood of medications running out that I use to manage having manic-depression. The number of Americans who have mental health conditions is enormous. Might a dire deficit of mood stabilizers lead to mass ideations of suicide or harm to others?

It is now clear that America has an over-reliance upon Chinese manufacturing of pharmaceuticals for too long. But our lack of autarky is betrayed again by a spectacle beheld by even the healthiest of citizens: the vast shelves of cheaply-produced goods at Walmart stores dotting across the fruited plain. And also readily available from online retailers. For decades American companies have parceled their industrial capacity to Chinese workers who are underpaid and overworked. We have enjoyed cheap clothing and kitchenware and collectible action figures and Blu-ray players. We have also compromised our economic independence. And though the policies set in motion during President Trump’s administration have yielded enormous rebirth of long-shuttered factories, America is still hurting from decades of job losses. Once the textiles industry in America was one of the mightiest of employers. It allowed families to grow and thrive and allowed countless young people to better their lives with college education. Today textile production in the United States has almost completely evaporated, particularly in the Southeast where it was once towered over all other industry.

If China can cut off medication for one key sector, it can cut off every medication. As well as every other product that comes from there to American ports. And what is America going to deny China in turn? Blockbuster action movies whose studio executives kowtow to mainland Chinese “sensibilities”? Clothing and medication are vital assets. Extravaganza entertainment is not.

The coronavirus outbreak, depending on who one chooses to listen to, is either the dread harbinger of the end times or a momentary blip upon medical history. Six to eight months from now we will likely be laughing about the coronavirus “plague” just as we did about Y2K. But the vulnerabilities it has exposed should be – as some activist leaders have coined the term – a teachable moment for America.

It is time to rediscover anew the virtue that American protectionism is a virtue and not a vice. We are obligated to look after the interests of our own people, and that is absolutely not to be taken to mean that we are a selfish or uncharitable nation. American greatness however has from its colonial beginnings meant looking to ourselves for production of food, goods, and medicine. We have been abundantly blessed with these and many more fruits of our labors. And when the fruits have been so bountiful, we have gladly allowed the people of other nations to enjoy much of our surplus. It is conceivable that World War III was staved off because the Soviet Union came to be dependent so greatly upon American grain production. Had domestic farming capacity during the Cold War been at depleted levels, the possibility would exist that Moscow would have been much more desperate and belligerent toward its western rival. The Politburo was wise enough to recognize its own weaknesses. Why then should the United States be any different?

America has been betrayed by politicians and lobbyists acting in the interest of foreign powers if not being outright paid for services rendered. We have been living on borrowed time and now the coronavirus threat has pulled back the curtain on our would-be industrial masters. Were our international situation a private business, the ones responsible would have long been chewed-out by the company honchoes. And most likely given a cardboard box and fifteen minutes to clean out their desks. Their incompetence would not be lauded and certainly not rewarded.

The attitude toward this land by too many entrenched politicians, corporate opportunists, and foreign sympathizers has gone far beyond incompetence and into the territory of treason. Perhaps the coronavirus will cast long-awaited light upon such treacheries. And perhaps the American people will have eyes opened at last to demand an end to over-reliance on international industry.

If so, in the greater scheme of things the coronavirus may prove to be less a blight and more a blessing.

Monday, September 03, 2018

New article at American Thinker: "The Pursuit of Happiness in the Trump Economy" PLUS: Photos of my knife-making father!

To those of you arriving at my blog today from American Thinker, greetings!  And I have something to show y'all a bit further down.

Yup, my fourth article (so far) for American Thinker is published today.  "The Pursuit of Happiness in the Trump Economy" is some musing about how the biggest payoff from the decreased taxes and rebounding manufacturing is that more Americans are already enjoying more money and just as important more time for leisure activities.  Which can mean their families or their hobbies... or activities toward improving their circumstances.  And that is where the true progress of our culture comes from in great part.

And if you've read it already, you know how much I share about my late father, Robert Knight.  And how he found his true calling as a knifemaker.  Since he's written about so much in the piece, I thought it would be neat to share some photos of him and his handiwork...

Dad in his shop.
Smoking his pipe and contemplating
his next project



The knives Dad made from railroad spikes were his favorite to make.  Also the ones of his most in demand.  He also made knives from horseshoes and industrial ball bearings.  If it was metal, he found a way to make it malleable and given a good sharp edge. And made to look pretty darn elegant, too.


Friday, July 19, 2013

How to fix bankrupt Detroit

History was made yesterday as Detroit became the largest American municipality ever to file for bankruptcy.

What was once the wealthiest city in the United States is now $18 billion dollars underwater.  It can't pay its bills.  It can't pay out pensions to employees.  And there is practically no income.

But hey!  All is not lost!  Detroit can simply have a "Save Detroit Telethon"!


How does a city as ruined as Detroit make a comeback? Getting rid of every vestige of its failed leadership would be a good start. But that alone isn't going to make up for all the damage that kowtowing to the unions (representing both government employees and private industry) has done.

Actually, to be honest: I don't know how a city like Detroit could recover.  I believe it's possible, but it would take a very long time.

Expect all kinds of hell if the United States federal government gives Detroit a bailout.  I have even heard some suggest that it was the bailout of GM which helped precipitate this bankruptcy.  Now imagine that on a larger scale.

Gotta wonder how many other cities across this country are poised to go broke.  Or even how many states...

Tuesday, July 09, 2013

Government-supplied consumers now outnumber private producers in America

Jobs are evaporating.  Manufacturing is disappearing from our shores.  Millions upon millions of undocumented immigrants are flooding across our borders.

And now, at long last, the population of Americans on government food assistance outnumbers that of private sector employees.

This is not sustainable.

From the story at CNS News...
The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population.
The U.S. Department of Agriculture estimates that a total of 101,000,000 people currently participate in at least one of the 15 food programs offered by the agency, at a cost of $114 billion in fiscal year 2012.
That means the number of Americans receiving food assistance has surpassed the number of full-time private sector workers in the U.S.
According to the Bureau of Labor Statistics (BLS), there were 97,180,000 full-time private sector workers in 2012.
The population of the U.S. is 316.2 million people, meaning nearly a third of Americans receive food aid from the government.
  And where is a lot of that taxpayer-funded "food aid" going to?

Hairstyling and cosmetics
Booze and smokes

Lottery tickets, money orders,
cell phones, more booze, more
cigarettes

Lots of lobster and premium steak

Maybe it's finally time for the producers, the people who strive for personal achievement, the men and women of the mind, to declare a general strike.  To stop giving the products of our labors to those who take and give nothing in return.

It might be the only peaceful way to avert this:

The Course of Empire: Destruction, by Thomas Cole, 1836

Not the first time I've posted that image.  But with each passing day, it seems increasingly appropriate.

Thursday, May 30, 2013

Is greed killing NASCAR?

NASCAR, stock car racing, crashing and burning
Not long ago, stock car racing was the most-watched, most profitable professional sport in America and one of the biggest in the world (surpassed internationally only by soccer... or "football" or "futbol" or whatever).  Which isn't bad at all for a spectator sport which has humble beginnings in the manufacture and transport of illegal moonshine throughout the southeastern United States.  And that is where NASCAR's most faithful and stalwart fans have always been found, along with its most celebrated and capable drivers.

Lately however, NASCAR seems to have forgot "who brung them to the dance": those same longtime fans, most of whom have decades of loyalty notched on their belts.  Speedway Motorsports' owner and CEO Bruton Smith had this to say last week when it was announced that NASCAR was moving one of Charlotte's races to Las Vegas: "When the game is over, it'll be money, money, money... Money will move it."

NASCAR's big wigs are poised to lose it all if they keep going at this pace, so writes friend and colleague Doug Smith.  The owners and executives are selling out stock car racing's core fans by having events all over the map, taking them away from longstanding venues such as Rockingham and Darlington.  In other words: the pursuit of a higher profit is destroying what made NASCAR profitable to begin with...
I've written for several years that I wouldn't be surprised to see Nascar fold by 2020-2025. Or at the very least, there would be races that weren't televised live any more, if at all. Regrettably, there are enough sheep out there to keep the sport alive but I see no reason to change my prediction about Nascar on television because any sport depends on its traditional fanbase to support it in hard times. Nascar's attendance and ratings have been down for years and it can be traced right back to the unholy trinity's concentrated efforts to run off the traditional fans. MLB, NBA, NFL, NHL, Soccer, Tennis, Golf, other auto racing bodies such as Indy and F1, and nearly every other sport I can think of tries at least to innovate but still remaining loyal to their core fanbase. In the case of MLB, I think they try too hard sometimes to do this since it hinders progress that could actually make the game better, but they are at least trying to keep their core fans.

Nascar on the other hand doesn't subscribe to this theory. They think that the fairweather fans are the group they need to go after. I'm not saying they shouldn't try to lure in new fans but I am saying that perhaps if they didn't mess with things that worked to draw in fans for over 50 years previously, perhaps they might actually draw in some new fans without running off millions of fans that Bill France Sr and Jr worked for a combined 55 years to draw in.
Crash here for more of Doug's thoughts.  It's well worth reading and pondering, whether you are a fan of NASCAR or are a student of corporate decision-making (if there really is such a thing...)

Tuesday, April 30, 2013

End of an Era: THE RHINOCEROS TIMES is no more

When I first heard the news I didn't expect to be feeling this much heartbreak.  But I am.  Maybe 'cuz I'm understanding how much The Rhinoceros Times was an influence on my early years as a writer and for long, long after...

The Rhinoceros Times, The Rhino Times, The Rhino, newspaper, Greensboro, North Carolina, John Hammer, William Hammer
Just one of the many fine editions of
The Rhinoceros Times produced
between 1991 and 2013.
It was first reported this morning that The Rhinoceros Times is going out of business.  The issue on the stands right now is the final one that will be printed.

So for those not from this are who are wondering: The Rhinoceros Times (or simply The Rhino Times or just "The Rhino") found its origins in a bar called The Rhinoceros Club in downtown Greensboro, North Carolina.  From a one-sheet newsletter started by John Hammer in 1991, The Rhinoceros Times fast found an eager audience among those who hungered for an alternative to the region's "mainstream" media outlets.  By the time the presses stopped the average issue of The Rhino boasted 150 pages.  Often way more than that.

The Rhinoceros Times was a free periodical: you could pick up a copy at many restaurants, grocery stores and other places of business throughout Guilford County and the surrounding area.  My favorite place to snag a copy was at the original PieWorks location at Pisgah Church Road and Lawndale Drive.  I'd order my pizza and breadsticks and enjoy The Rhino while waiting for the food to arrive.  I fast learned not to read it while eating, as the no-holds-barred style of John Hammer and the rapier-like wit of Scott Yost could cause one to choke from laughter.  The same held true for Geoff Brooks and his zany cartoons which were always dead-on target.

It was a very, very successful weekly news magazine (or "Greensboro's Only Newspaper" as the masthead declared for many years).  During its time The Rhino attracted such writing talent as Orson Scott Card and Jerry Bledsoe.  The letters to the editor were the liveliest and most passionate that I've ever seen in a local publication.  Then there was "The Sound of the Beep": you could call The Rhino's answering machine and leave a message for printing.  Some of those were downright kooky.  I made a few of them back in my college years (yeah some of the kooky ones too...).

This morning John Hammer posted a statement about The Rhino's closing down.  The website will continue for the foreseeable future but the print edition that started it all has been shuttered.  The fault is primarily the economy, the cost of running a newspaper and competition from the Internet which has hurt everybody in the business.  I'm rather surprised that many traditional newspapers in this area are still being published.  That The Rhinoceros Times lasted as long as it did is a testament to itself as a product and the people behind it.  I sincerely hope that it will continue to have an online presence for many more years to come and that it will keep boasting its fiercely independent spirit.  The way the press has become of late, we need The Rhino and other outlets like it more than ever before.

Going on twenty-two years is a good solid run.  Regardless of what happens next, John and William Hammer and their staff have much to be proud of.  And this blogger gladly takes off his hat in salute to a newspaper which broke the ground for many to follow after.

Wednesday, April 03, 2013

End of an era: Disney closes LucasArts

LucasArts, Disney, closing down
LucasArts is no more.

Disney laid off the entire staff and shuttered the studio this morning.  There had been speculation that LucasArts might be liquidated after Disney acquired Lucasfilm and the other companies beneath its umbrella five months ago.  The video game studio had been flailing in recent years despite moderate successes like LEGO Star Wars.  On the other hand there were turkeys like Kinect Star Wars.  It had been hoped that games like the upcoming Star Wars: 1313 would have increased its fortunes.

But now it's official: LucasArts has been closed down.  Disney has stated that future games will be licensed to other studios for development.  Some like Star Wars: 1313 may never get released at all.  The "LucasArts" name will continue to exist but the firm itself and its development staff has been disbanded.

I can see that as an appropriate measure.  The Star Wars: The Old Republic massive-multiplayer online game was practically developed entirely by BioWare anyway.  This is the way the wind had been blowing for some time...

Even so, a little bit of my youth died today.  Star Wars: X-Wing was the very first computer game that I bought, way back in winter of 1994.  The sequel TIE Fighter consumed most of my summer a few months later.  When I played Indiana Jones and the Fate of Atlantis (still one of THE BEST computer role-playing games ever) I obsessively went through all three of the "paths" that Indy could take.  To say nothing of the creatively offbeat games like Full Throttle and Sam and Max Hit the Road.

(I would be remiss if I didn't mention also Rescue on Fractalus: a game that some swear remains one of the most terrifying and fright-inducing more than a quarter century after its release.)

Well, the studio may be gone.  But the memories it evoked will ever burn bright.

Farewell, LucasArts.  And thank you for all the good times you gave us...

Tuesday, March 19, 2013

Could a Cyprus-style banks robbery happen in the U.S.?

This past weekend was spent semi-unplugged.  Heck I didn't know that Miami had beaten UNC for the ACC Basketball Tournament title until late last night!  Since all that mess was happening in Greensboro I drove a hunnerd miles the opposite direction on 220 to do ballroom dancing and general geek-ery with my girlfriend.

But even so, I have been following the mess in Cyprus, where the government is poisoned to confiscate 10% of everyone's bank accounts in an attempt to get bailed out of the monetary mess of its own manufacture.  So much commentary could be made of this: the failure of socialism, the complete failure of the Eurozone as anything remotely a feasible concept, the failure of policies that can only lead to hyper-inflation, the failure to rein-in the "banksters" (i.e. those who see banking as not a sacred trust but an exploitable resource), the failure to hold those most responsible accountable for their own mistakes and misdeeds...

Right now banks across Cyprus are closed until Thursday (at least).  The ATMs are empty or damn near it: an old-fashioned bank run for the 21st Century.  There is now concern that Italy and other countries are considering similar measures.

It was two years ago that I read Atlas Shrugged for the first time.  A book some consider to be semi-science-fiction.  It's now clear to me that what Ayn Rand had written was in fact a horror novel, and not nearly scary enough.  For all the madness that Directive 10-289 embodied, Wesley Mouch knew better than to raid the private bank accounts.  The same cannot be said of too many politicians in Europe and now, little Cyprus could set off financial disaster throughout Europe and around the world.  It might well be the camel that breaks the straw's back.

(Witless warble of words or cryptic commentary with cliche?  I'll leave it as an exercise for the reader...)

Could a Cyprus-ish raid on our bank accounts happen here in the good ole' Yoo-Ess of Aye?  Neil Boortz thinks so.  Writing at Townhall.com, Boortz suggests that not only could it happen but that it has been incrementally building up toward such for two decades (at least).  From his essay...
Oddly enough, the people of Cyprus weren’t particularly elated over this move, nor were investors and citizens throughout the Eurozone. Imagine that! Cypriots immediately grabbed their ATM cards and started to withdraw as much money as they could from their accounts. Cash in their hands wouldn’t be hit for 10%. It was clear there would be a run on the banks as soon as they reopened. Now the plan to simply seize individual wealth is being delayed, though not abandoned.
Could it happen here? Well certainly it could. Congress could pass and the President could sign legislation calling for the seizure of 10% of every checking and savings account in every bank in America. This might finally be enough to cause a resurrection, but they could do it. So in America the wealth seizure has to be just a bit more selective and subtle. And that brings us to the warning I’ve been voicing for 20 years.
There's plenty more at the Townhall.com link, including mention of something that has not been remembered nearly enough: the 1993 budget battle in Congress that saw retroactive taxation: something which according to the Constitution should never have happened.  I phoned the office of Steve Neal, my representative at the time.  His lackey listened to me rant about how wrong this was and then told me "well sir that's for the courts to decide."

The courts didn't stop it from happening then.  Anyone wanna bet that a raid on the banks by the government could be stopped now?

Sunday, December 30, 2012

Out-of-whack priorities

Good friend, Baptist minister and wise Christian brother (he's certainly wiser than I shall ever be) James Hodges made an observation earlier today. I'm sharing it here, because in so few words it speaks volumes...
Why should we worry about the 'fiscal cliff' when we have already fallen over the 'moral cliff.'
Unfortunately, all too true.

Perhaps there would be no concern of a "fiscal cliff" at all if we had chosen to long ago steer away from the moral cliff.

Tuesday, November 20, 2012

Stop Christmas, I want to get off

Let's dispense with the floridity and get to the point:

The holiday season has been damn near ruined by commercial madness.

I'm hearing that some families are having their Thanksgiving gatherings destroyed by Wal-Mart and other retailers mandating their employees be working on Thursday morning. Yeah you read that right: a number of stores are opening at noon on Thanksgiving when everyone else will be gorging on turkey and watching football.

I got a bad vibe when stores like Wal-Mart and Target began putting the Christmas stuff out before Halloween. That's two full months of holiday marketing. One-sixth of the entire year devoted to holiday spending.

Now the radio stations are following suit. 99.5 out of Greensboro - which has traditionally not begun playing Christmas songs until the day after Thanksgiving - is already blaring out 24 hours round the clock of holiday music.

Gad-dommit, STOP IT ALREADY!! I'm bipolar dammit! It's already hard enough for me to slow down my mind. I don't need the year to go by any faster! Neither do most other people. But that's what is happening as a result of the extended holiday season: the year is going by faster. Too fast. The holidays should come at us bursting with joy, not creeping upon us like so much unstoppable kudzu.

I'm this close to just calling off Christmas entirely this year. Not only not giving presents but demanding that I don't receive presents either. This ain't what Christmas is meant to be about. It's supposed to be about family, friends, good times, being thankful for what God has blessed us with...

Did we not learn anything from all those years of A Charlie Brown Christmas?

This is going to be the first Christmas that I spend without my mother. A few friends during the year also lost parents. For some, they know that this will be the last time they will have the holidays with a loved one.

Not all the money in the world, no amount of dollars spent, will ever fill the vacuum left by a beloved friend or family member.

Call me sentimental, but it seems like this is a time to be appreciative of what we have now, instead of accumulating mere material "things". I for one would certainly like to have Mom for another Thanksgiving and Christmas. For the rest of my life I will be haunted by old hurts between us that never really got resolved. It would have been nice to have the time to reconcile those and have just a little more time to share. That will never happen. But I refuse to let that be with anyone else that I care for.

This Thanksgiving, I choose to be thankful. This Christmas, if I don't receive anything at all, that's not going to keep me from enjoying the company of those that I love.

When I consider the madness that will no doubt ensue in a few days' time, it makes me almost wish that this country would have a hard crash. Perhaps then it would bring us to our senses. Compel us to get our priorities back in order. Don't get me wrong: I enjoy getting some Christmas presents: it just isn't perfect unless I get a new pair of sweatpants, some LEGOs and at least one Star Wars toy. But is any of that the focal point of my holidays? More like a nice cherry on top.

Anyhoo, Jennifer Waters at MarketWatch has a considerably recommendable story about retailers ruining Thanksgiving in their war for "Black Friday" bucks. You might have already read it 'cuz it's making the rounds quite a lot already. It's enough to make one pause, and forsake heading to the stores at all on Thanksgiving Day.

Who knows: if enough people stay home, maybe the retailers will come to figure out that it's not worth the money to open the doors earlier than sanity allows.

Friday, November 16, 2012

No more Twinkies: Labor union destroys Hostess

I hope the idiots in the photo on the right are happy.  Those are some of the members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union who went on strike against their employer: Hostess Brands, Inc.

The union has about 5,000 people working at Hostess. As of this morning, their months-long strike has put themselves and thirteen thousand others out of work.

The big news at the time of this writing is Hostess going out of business and liquidating its assets. The company could no longer afford to be in business as a result of the strike. More than 18,500 people are now unemployed.

What a colossal committing of ass-hattery.

But hey, at least the employees responsible can rely on the union bosses to back them up. Not to mention getting government unemployment checks. All out of spite for a measly 2% decrease in pension that Hostess put on the bargaining table. Yeah, win the fight for a tiny amount of pension but put nearly 20,000 people out of work and destroy a favorite snack food for everyone.

Like they say on the basketball court: "Smooth move Ex-lax!"

Labor unions are worse than useless. If this doesn't demonstrate that, I don't know what possibly could.

Better stock up on your favorite Hostess-brand goodies, folks...

...'cuz they're about to be gone. Forever.

(I can't imagine any other company right now wanting to buy out Hostess and putting their goodies back into production: it'd cost too much to relocate factories to right-to-work states, and would anyone in their right mind in this economic environment want to go through the hassle anyway?)

It is the end of an era, my friends. A darn shame too, seeing as how Hostess snacks helped to end the reign of terror of so many supervillains back in the day.

Twinkies, Ding Dongs, Ho-Hos, Fruit Pies, Wonder Bread: get 'em now, friends and neighbors. Their value will be greater than gold as barter items on the underground market when the sh-t hits the fan. Probably sooner than later.

But if I were the CEO of Hostess, I wouldn't have put out a press release or called a news conference about what has been done to his company.

This is how I would have delivered the message...

Thursday, September 13, 2012

Federal Reserve begins QE3

Monday, August 13, 2012

A question about Paul Ryan

Longtime readers of this blog know that I'm for fiscal conservatism and letting the free market be responsible for itself, without government interference. Meaning that among other things that I've never thought anything favorable about government bailout programs.

A few days ago Mitt Romney, the assumed Republican candidate for President, announced that Paul Ryan would be his running mate in this fall's election.

Paul Ryan is being touted as a "Tea Party conservative".

Okay, well then...

Why should this blogger, or anyone else for that matter, vote for a Romney/Ryan ticket when Ryan:

- voted for the $700 billion Troubled Assets Relief Program (TARP)

- voted for bailouts of $14 billion for General Motors and Chrysler

- voted for bailouts of Bank of America, BB&T, Citigroup, Morgan Stanley, Wells Fargo, and other banks

- voted for bailing out Fannie Mae and Freddie Mac

- voted for the insanely expensive Medicare Part D

?

The auto industry bailouts alone have honked me off to no end. As they should every citizen of this country.

So I'm sincerely asking supporters of Paul Ryan: how is his voting record indicative of someone who holds to financially conservative and responsible values? More to the point: why should I or anyone else vote for Ryan based on his record?

Don't even bother offering up bullcrap about "You're voting against Obama". I am not now or ever have voted for Obama. I need to know why I should vote for Romney/Ryan.

Friday, August 10, 2012

We'll be starving to death... but at least we'll be driving cleaner cars!

The drought in the Midwest is causing the price of food to soar worldwide. Especially for corn and corn-based products.

It could be less though in spite of the recent weather. That is, if more corn were available as feed for livestock farmers. But the Obama Administration refuses to let those farmers and ranchers have the needed corn. Instead, the corn is being used to fulfill government "mandates" for ethanol in gasoline. And it's making corn drastically scarce to those who depend on farming livestock (and who the rest of us depend upon in turn).

We don't need ethanol to survive. We do need food, however.

Can't help but be reminded of the government-enforced devastation that Ma Chalmers and her soybean worshipers wracked in Atlas Shrugged...

Thursday, November 03, 2011

Airline "security" costs: $85 billion and 900,000 lost jobs

It can safely be said ten years after the creation of the Department of Homeland Security and the Transportation Security Administration that the federal government's efforts to make air travel "safer" constitute one ginormous cluster%#@&.

Now we have an idea of the economic impact: $85 billion wasted and 900,000 jobs destroyed. From e-Travel Blackboard...

After a decade of enhanced aviation security post 9/11, US Travel Association president Roger Dow is set to testify in a Senate Committee Hearing on 2 November, claiming current security procedures are hampering travel and US economy growth.

According to the US Travel Association, the US economy is missing out on $85 billion in consumer spending and 900,000 jobs because American travelers are avoiding flying due to the “hassles of air travel”.

“A 2010 study…found that American travelers would take an additional two to three flights per year if the hassles in security screening were eliminated,” the US Travel Association said.

“The price of security has come at the cost of efficiency and billions of dollars are being lost every day.”

I'm telling y'all here and now: whoever running for President right now will come out and tell us that the Department of Homeland Security was one of the biggest blunders in the history of anything and that it should be scrapped completely, will go a long LONG ways toward earning my vote a year from now.

(Tip o' the hat to Lee Shelton for directing my attention to this article.)

Sunday, August 07, 2011

I know how to fix the American economy

It's all really quite simple.

Eliminate the personal income tax.

Slash corporate taxes.

Implement the national retail sales tax.

Give corporate tax cuts for each time a company hires a certain number of employees domestically (to encourage the trend away from outsourcing).

Impose higher trade tariffs.

No more "most favored nation" trade status for anyone.

Eliminate a lot of burdensome regulation that stifles businesses.

Cut government spending!

Do those things, and just watch the United States heal itself financially. Get back our AAA rating from Standard & Poor's? Heck, we'd be the first country ever to get quadruple-A rating!

Thursday, August 04, 2011

Dow Jones drops 513 points today

Read all about it here.

As for my comment about it, well...