Showing posts with label money and politics. Show all posts
Showing posts with label money and politics. Show all posts

Tuesday, May 1, 2012

It's The Economy and We're not Stupid

What’s new Today 

Story #1 looks at the economy and it doesn’t look good.  #2 wonders who the greedy ones are.  Private business or public institutions?  #3 relates that it appears in Senate races the Republicans will have the advantage even over incumbent democrats.  #4 looks at the left, their desire to find the conservative brain defective and the stupidity that they will go to make their case.  #5 talks about Occupy Cleveland leaders who’ve been arrested for a plot to blow up a Cleveland bridge.  It seems more often than not, leftist protests end up in violence.  I think it is a defect in their brains.

Today’s thoughts

It appears Elizabeth Warrens’ staff thinks calling attention to Dr. Warrens’ claim to be of Native American descent, is sexist.  Of course it is but only if a Republican does it. 

While the Administration has told us that the war on terror is over, 79% of the American public doesn’t agree.  Once again the Administration is completely at odds with the American people.

Obama has for the second time questioned whether Romney would have taken bin Laden out.  It appears his campaign strategy consists of hypotheticals since reality doesn’t work for him. 

Dan Rather is standing by his story on George W. Bush claiming he still believes the story was authentic as were the documents.  This despite the assurance of experts that a 1970s typewriter couldn’t produce the document he claims is real. 



1.   It’s still the Economy!

Here’s Goldman economist Jan Hatzius:

Goldman Sachs is turning increasingly bearish on the U.S. economy, expecting the nation to have added only 125,000 new jobs in April, as the effects of a warm winter, which buoyed employment late last year, wear off.

The forecast is far lower than the Reuters estimate of 170,000, and the average 177,250 jobs created every month from December to March. According to a report by the bank’s Chief U.S. Economist Jan Hatzius, the jobs report will be a further sign of a weakening economy, where inventory accumulation has accelerated and final demand growth remains sluggish.

“Real income growth remains soft, partly because of higher energy prices, wealth effects are not yet particularly positive, consumer confidence remains modest, and again some of the recent strength in retail sales probably reflects weather effects,” Hatzius said.

And this from Goldman market strategist Abby Joseph Cohen equally as gloomy:

She said she agrees with Goldman economist Jan Hatzius’s forecast of the second half being more “difficult” than the first. “We have seen some deceleration in economic activity” after a mild winter that might have “puffed up” seasonal growth in the first quarter, she said….


The first half’s growth so far is 2.2 percent.  If the second half will be “more difficult” how low will it go?  Not a good time to be running for reelection.





2.   Who’s Greedy Now?

Florida Governor Rick Scott, a Republican, vetoed a bill Friday that would have allowed the University of Florida and Florida State University -- research universities where tuition rates lag national averages -- to increase tuition substantially. In his veto message, Governor Scott cited concerns about the impact of tuition increase on students and their families, and a need for more information on whether tuition increases would provide an appropriate "return" for Florida taxpayers. Florida State and University of Florida had lobbied hard for passage of the bill, arguing that they needed more money to achieve the state's aspirations for them as research universities. The veto comes amid deep budget cuts to the state's universities. Following the veto, Bernie Machen, president of the University of Florida, issued a statement saying that he was "so very disappointed" in the governor's action. "This legislation presented the University of Florida with a pathway toward excellence and would have enabled the great state of Florida to have two world-class universities."

http://www.insidehighered.com/quicktakes/2012/04/30/florida-governor-vetoes-bill-allow-tuition-increases#ixzz1taIv57Uq


So who are the selfish heads of organizations?  CEO at major corporations?  Or Presidents of State Universities putting their desires ahead of the people they are supposed to be serving?




3.   Advantage Republican when it comes to money this year

Third-party groups allied with the Republican Party have vastly outspent Democratic incumbents and their backers in Senate battlegrounds.

The disparity in advertising firepower threatens Democratic control of the Senate and could have an impact on the presidential race as well.

Sen. Sherrod Brown, a first-term Democrat from Ohio, has been the primary target of outside groups, which have outspent his allies by a ratio of 10-1 this election cycle…

…Sen. Charles Schumer (N.Y.), the Senate Democrats’ chief political strategist, sees the uneven spending war between Republican- and Democratic-allied outside groups as the biggest threat to Democrats’ retaining control of the Senate.




Actually it’s been in the cards that the Democrats will lose control of the Senate.  The Democrats are defending 23 seats vs the Republicans 10 seats and they only have a 3 seat majority.  Republicans only need to win 42% of the seats up for election this year to take over the majority. 




4.   The Republican Brain



Author Chris Mooney compiles much of this research for his new book The Republican Brain, which purports to show that conservatives are, literally by nature, more closed-minded and resistant to change and facts. His evidence includes the fact that conservatives are less likely to buy into global warming, allegedly proving they are not only "anti-science" but innately anti-fact, as well. "Politicized wrongness today," he writes "is clustered among Republicans, conservatives and especially Tea Partiers."

A liberal partisan

That's an entirely understandable view for Mooney to hold. He's a soaked-to-the-bone liberal partisan. But he crosses the line into pseudoscientific hogwash by trying to explain every political disagreement as a symptom of bad brains. For instance, Mooney claims Republicans have trouble processing reality because Republicans think "ObamaCare" will raise the deficit. No really, stop laughing.

Of course, Mooney believes he's simply going where the science leads. Consider that one of the more famous studies was conducted by liberal researchers at University of California-Los Angeles (UCLA) and New York University and published in Nature Neuroscience. Subjects were asked to spot the letters M or W on a screen for a fraction of a second. It turns out that self-described liberals did somewhat better on the test than the conservatives.

What does that mean? Well, according to the researchers, it means: "Liberals are more responsive to informational complexity, ambiguity and novelty." Liberals are also "more likely than are conservatives to respond to cues signaling the need to change habitual responses," NYU says….






What is amazing is how simple minded Liberals like Mooney appear to be.  He is the kind of person who was talked about in the fairytale, The Emperor’s New Clothes. 





5.  Occupy group in Cleveland responsible for bombing plot

One of the leaders of the Occupy Cleveland movement, Brandon Baxter, is one of those arrested for today's terrorist plot to bomb a bridge in Cleveland. Occupier Brandon Baxter appears to have gotten the guidance he sought.


OCCUPIED — Occupy Cleveland organizer Brandon Baxter gets some shade in the Occupy Cleveland tent in downtown Cleveland on March 21, 2012. Baxter, one of the few remaining members of Occupy Cleveland’s physical presence downtown, said the group has seen a sharp decline in numbers since last October because of increasing disorganization. “We need guidance,” he said.

Another of today's suspects is Anthony Hayne, named previously in a report on Occupy Cleveland.  “I just want to be very clear: we are not occupying Lakewood,” said Anthony Hayne, who is organizing the information session. Hayne, a Lakewood resident since 2001, said there will be about six or seven members of Occupy Cleveland, which stems from the Occupy Wall Street movement, at the table Saturday.


It seems to be a fact that leftist protests end up with violence, while right wing protests end up cleaning up the place they protested at and leaving it better than when they got there.  I think it’s a defect in the leftists’ brains. 








Thursday, February 24, 2011

Public Sector Unions--a stuggle for power

Senators must collect their paychecks in person


A nice first step. THE NEXT STEP, AFTER THE “FLEEBAGGERS” (AS THEY’RE NOW BEING CALLED ON TWITTER) HAVE COME HOME, SHOULD BE TO PASS A LAW RETROACTIVELY DOCKING THEIR PAY FOR THE DAYS THEY MISSED. Senate Republicans can’t do that now, I believe, because it’s a fiscal measure and those require a 20-member quorum. But soon enough, soon enough.

[MOTION] That the Chief Clerk provide the paycheck, per diem check, and any expense reimbursement check of any Senator who is absent without leave for 2 or more session days to the Majority Leader for the absent member to pick up in person. Until the Majority Leader authorizes the Chief Clerk to reinstate direct deposit, the Chief Clerk shall suspend the direct deposit of the paycheck of any such Senator and process the Senator’s pay as a paper check. The Majority Leader shall provide the checks only to the absent Senator and only on the floor of the Senate during a session day.

THE COMMITTEE VOTE ON THAT WAS 3-2, THREE REPUBLICANS IN THE MAJORITY and two Democrats in the minority. But wait — how can Democrats vote when they’re not there? Well, apparently, telephone votes are permissible and common practice for committee sessions, just not for floor sessions.

http://hotair.com/archives/2011/02/22/wisconsin-senate-committee-passes-new-rule-senators-must-collect-their-paychecks-in-person/


This just keeps getting better and better.


POLITICAL HARDBALL IN WISCONSIN

Republicans on a state Senate committee approved a bill Tuesday to require voters to show ID at the polls, in their latest effort to entice Democrats to end their boycott of Senate proceedings.

The committee made significant changes to the bill in a meeting that included a bizarre element. Sen. Jon Erpenbach (D-Middleton) participated in the meeting by phone, but Sen. Mary Lazich (R-New Berlin), the committee chairwoman, refused to let him vote because he and the 13 other Senate Democrats left the state Thursday.

Senators routinely participate in committee meetings by phone and are allowed to debate, offer amendments and vote on measures. But Lazich said she wasn't allowing Erpenbach to vote because he had an invalid reasons for being absent.


http://www.jsonline.com/news/statepolitics/116680594.html


You’ve got to love it. If the Wisconsin Democrats are going to act like petulant children, they deserved to be treated like petulant children.



Wisconsin starts reviewing complaint about Doctor excuses

Staff at the state Department of Regulation and Licensing have BEGUN TO REVIEW ROUGHLY 300 E-MAIL COMPLAINTS ABOUT DOCTORS ISSUING EXCUSE NOTES FOR PROTESTERS at the state Capitol over the weekend, officials said Tuesday.

Complaints that name a specific doctor and the alleged violations of rules covered by their licenses will be forwarded to the Wisconsin Medical Examining Board. Letters specifying the complaint will be sent to the doctors at the start of the investigation.

To date, THE NAMES OF DOCTORS LOU SANNER AND JAMES SHROPSHIRE have been cited in media reports about the medical excuses dispensed over the weekend. Both are affiliated with the University of Wisconsin School of Medicine and Public Health. The agency said none of the doctors involved was representing UW Health at the time…..
http://www.jsonline.com/news/wisconsin/116683269.html


Somehow the terms “chickens” and “roost” come to mind.



It’s early yet, but Obama has a big uphill fight for reelection

For polling purposes, we divided all 10,000 voters into three camps: 1) RED STATES THAT DID NOT VOTE FOR OBAMA IN 2008 AND ARE UNLIKELY TO DO SO IN 2012; 2) BLUE STATES THAT DID NOT VOTE FOR MCCAIN IN 2008 AND ARE UNLIKELY TO VOTE GOP IN 2012; AND 3) BATTLEGROUND “GREEN” STATES THAT COULD GO EITHER WAY IN 2012. The following 12 Green states all saw significant changes brought about by statewide and congressional GOP victories and GOP wins in state legislatures as a result of the 2010 midterm elections: FL, IN, IA, MI, MO, NH, NM, NC, OH, PA, VA, and WI.

The first question we asked voters in all three state categories is WHETHER THEY THINK PRESIDENT OBAMA DESERVES RE-ELECTION or if they think it is time for someone new in the White House.

Voters in BLUE STATES WOULD PREFER SOMEONE NEW OVER PRESIDENT OBAMA BY A SLIM 3-POINT MARGIN (48% TO 45%). The President should easily be able to make-up this ground once his campaign gets into full swing.

IN RED STATES, HOWEVER, VOTERS WOULD PREFER SOMEONE NEW BY A SIZEABLE 22-POINT MARGIN (58% TO 36%), a sizeable margin that the President is unlikely to overcome. In GREEN STATES, VOTERS WANT SOMEONE NEW IN THE WHITE HOUSE BY A 13-POINT MARGIN (54% TO 41%), showing that Obama’s quest for the critical middle-ground will be a severe uphill climb.....
http://townhall.com/columnists/bradoleary/2011/02/22/poll_shows_battleground_states_trending_strongly_for_gop_on_obama_re-election_issues/page/full/


As I said in the headline, it’s early. But I followed the change happening in the country throughout all of 2010 and it really didn’t change. People may have already made up their mind about this President and the Liberal agenda.



Meanwhile the Polls aren’t being kind to Obama

THE PRESIDENT’S MINI-RECOVERY IS STARTING TO FALL FLAT. According to the latest Rasmussen Daily Presidential Tracking poll, Barack Obama’s approval ratings have fallen to their lowest level since mid-November. JUST 21 PERCENT OF US VOTERS STRONGLY APPROVE OF THE PRESIDENT’S JOB PERFORMANCE IN CONTRAST TO 41 PERCENT WHO STRONGLY DISAPPROVE. Obama’s Presidential Approval Index rating now stands at minus 20 points (the difference between the percentage of Americans who strongly approve of the president’s performance against the percentage who strongly disapprove). Further, Republicans now have a nine-point lead over Democrats on the Generic Congressional Ballot in Rasmussen’s survey.

What explains this rather dramatic reversal of fortune for the president after three months of rising poll numbers? IT IS BECOMING INCREASINGLY CLEAR THAT OBAMA’S MESSAGING ON THE ECONOMY IS NOT GOING DOWN WELL WITH AN AMERICAN PUBLIC that is deeply worried about high levels of unemployment, the general state of the economy, the spiraling budget deficit, and fears over the impact of the government’s health care reforms. As Rasmussen reveals, a mere 24 percent of Americans believe their own personal finances are improving, and just 31 percent believe the economy is improving.


http://blogs.telegraph.co.uk/news/nilegardiner/100077285/the-obama-bounce-is-falling-flat/


The democrats seem to be hoping that the economy will improve and Obama will get the credit. That might happen, but with the fights that are about to go on about the deficit, the economy might improve but Obama will get no credit.



Wisconsin Showdown

Nationwide, state and local government workers are paid on average 45% more than private sector workers, with an average hourly wage of $26.25, and $13.56 in hourly costs for benefits, for total hourly costs of $39.81, or $80,000 per year on average. This is true in Wisconsin as well. Indeed, the Manhattan Institute's E.J. McMahon reports that for public school teachers in Milwaukee, the annual cost of family health coverage is $26,844, for which the teachers currently pay nothing.

Yet, state and local government workers are mobbing the capitol in Wisconsin because newly elected GOVERNOR SCOTT WALKER'S BILL TO CLOSE THE STATE'S $3.6 BILLION BUDGET DEFICIT WOULD REQUIRE THEM TO PAY 5.8% OF THEIR PENSION COSTS, AND 12.6% OF THEIR HEALTH INSURANCE COSTS. …


http://spectator.org/archives/2011/02/23/wisconsin-showdown


A good article spelling out the problem with Public Sector Unions.


Liberal Magic

There is a Wisconsin talking point that will not die: Everything was fine until Scott Walker got some business-incentive tax cuts passed. I just heard it from Erica Williams of the Center for American Progress. Rachel Maddow has trafficked in this nonsense, as have some more respectable lefty types.

Help an English major out, here: HOW EXACTLY DO $137 MILLION IN TAX CUTS CAUSE A $3.6 BILLION DEFICIT IN TWO YEARS? I AM DYING TO KNOW.

Those tax cuts may or may not be a good idea; I am generally skeptical of using special tax breaks as a tool of economic development. (Low general taxes, a simple tax code, a sane regulatory environment, and a sane tort environment seem to me much better tools.) But getting a $3.6 billion deficit out of a $137 million tax cut is a pretty good rabbit-outta-the-hat trick.


http://www.nationalreview.com/exchequer/260578/tax-cuts-and-wisconsins-deficit


Actually this is a very good question.



What’s happened to civility?


SOMETIMES IT'S NECESSARY TO GET OUT ON THE STREETS AND "GET A LITTLE BLOODY," A MASSACHUSETTS DEMOCRAT SAID TUESDAY IN REFERENCE TO LABOR BATTLES IN WISCONSIN.


Rep. Michael Capuano (D-Mass.) fired up a group of union members in Boston with a speech urging them to work down in the trenches to fend off limits to workers' rights like those proposed in Wisconsin.

"I’m proud to be here with people who understand that it’s more than just sending an email to get you going," Capuano said, according to the Dorchester Reporter. "EVERY ONCE AND AWHILE YOU NEED TO GET OUT ON THE STREETS AND GET A LITTLE BLOODY WHEN NECESSARY."


http://thehill.com/blogs/blog-briefing-room/news/145627-dem-lawmaker-on-labor-protests-get-a-little-bloody-when-necessary


Apparently Capuano didn’t get the memo that declared only the right advocated violence. Anyone with an ounce of knowledge about history knows this is complete rubbish.



Shutting Down the Government



Let’s put aside that congressional Republicans deny that they want to shut down the government. How can Harry Reid continue talking about Republicans wanting to shut down the government as if it were the worst conceivable thing in the world when, as he is making this accusation, DEMOCRATS IN (NOW) TWO STATES HAVE ACTUALLY SHUT DOWN THEIR GOVERNMENTS — and not due to a legitimate legislative impasse, but by the illegitimate tactic of fleeing the state to avoid being compelled to do their jobs? If government shutdowns in Wisconsin and Indiana occur in coordination with President Obama’s political operation AND TO THE CHEERS OF DEMOCRATIC BIGWIGS ACROSS THE NATION, HOW BAD CAN SHUTTING DOWN THE GOVERNMENT BE?


http://www.nationalreview.com/corner/260424/shutting-down-government-andrew-c-mccarthy


Actually this is an interesting way to look at the possibility of a government shutdown.



Follow the Money

Enormous contributions, yes -- to the Democratic Party and the Obama campaign. UNIONS, MOST OF WHOSE MEMBERS ARE PUBLIC EMPLOYEES, GAVE DEMOCRATS SOME $400 MILLION IN THE 2008 ELECTION CYCLE. The American Federation of State, County and Municipal Employees, the biggest public employee union, gave Democrats $90 million in the 2010 cycle.

FOLLOW THE MONEY, WASHINGTON REPORTERS LIKE TO SAY. The money in this case comes from taxpayers, present and future, who are the source of every penny of dues paid to public employee unions, who in turn spend much of that money on politics, almost all of it for Democrats. In effect, public employee unions are a mechanism by which every taxpayer is forced to fund the Democratic Party.

So, JUST AS THE PRESIDENT COMPLAINED IN HIS 2010 STATE OF THE UNION ADDRESS ABOUT A SUPREME COURT DECISION THAT HE FEARED WOULD INCREASE THE FLOW OF MONEY TO REPUBLICANS, HE ALSO FOUND TIME TO COMPLAIN ABOUT A PROPOSED STATE LAW THAT COULD REDUCE THE FLOW OF MONEY TO DEMOCRATS.

And, according to the Washington Post, to get the Democratic National Committee to organize protests against the proposed Wisconsin law. PROTESTS THAT SHOWED CONTEMPT FOR THE LAW, with teachers abandoning classrooms, doctors writing phony medical excuses, Democratic legislators fleeing the state and holing up in a motel. The lawmakers played hooky without losing any salary, which is protected by the state constitution.

It's true that Walker's proposals would strike hard at the power of the public employee unions. They would no longer have the right to bargain for fringe benefits, which are threatening to bankrupt the state government, and they would no longer be able to count on government withholding dues money and passing it along to them.

But what are the contributions that public employee unions make to our states and our citizens? THEIR INCENTIVES ARE TO INCREASE THE COST OF GOVERNMENT AND REDUCE DOWN TOWARD ZERO THE ACCOUNTABILITY OF PUBLIC EMPLOYEES -- BOTH CONTRARY TO THE INTERESTS OF TAXPAYING CITIZENS….

http://washingtonexaminer.com/politics/2011/02/public-unions-force-taxpayers-fund-democrats#ixzz1EnX1eUKH


What’s going on in Wisconsin and other states is a fight for money and power. The Democrats and the Unions want to keep the status quo while the Republicans and the majority of Americans are looking for change.

Irony?

http://datechguy.wordpress.com/2011/02/22/the-ultimate-irony-of-todays-rally-in-boston/


Watch this short video. It makes an interesting point.