This roundtable discussion, however, was like watching a Rocky picture show with George Will stepping in for Stallone and knocking a few jaws, especially the bobble-head liberal Katrina van Huevel. Pull the string on the back of her neck and out comes all the liberal talking points.
Will presented facts. And facts kick butt. Click and watch for yourself.
Roundtable: Olympics, Unemployment
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By the way, here are a few points I walked away with:
- Obama is nothing but talk. And talk is cheap.
- We're getting Dollars for Dishwashers? How about Green for the Latrine? And when our tax dollars are done replacing personal vehicles and appliances, how about our money going toward sustaining marriages, too? Money for your Honey.
- Debt, Katrina says, isn't all that big a deal. Consider she shares a namesake with a devastating Hurricane. Jobs are important but not debt, she says.
For a moment, just one, let's pretend we live in the real world. And in the real world, if I go into severe debt to obtain a job (i.e. buying a fancy car, maxing out my credit cards for a new wardrobe, a day at the salon for a new cut and color), I'm still broke. I have to pay off the money I spent that I didn't have, plus the interest compounding every day I don't pay it off. My job does nothing but go toward the debt I incurred to obtain it. We ignoramuses in the real world call that a lateral movement, i.e. squat.
Where does this chick think we're suppose to get more money? The country is broke. Our debt is unsustainable. China isn't interested in supplementing our government programs and payoffs. They could care less if Ted Kennedy gets a $20 Million memorial - more stimulus money working for you. They want return on their investment. And what happens when there is no longer a return?
Bye, bye Hawaii. Or maybe they'll just take California. We wouldn't mind getting rid of that boondoggle, anyway. First, however, sound the alarm and let all the workers, conservatives, and non-fanatic liberals flee to Utah.
- And did you catch what Cokie and George and, yes, that Katrina woman, said about who the stimulus money helped? Government employees.
Capitalism lesson 01: Government employees do not produce money to cover their own cost. They are an expense to the private citizen, the real producers. The private citizen works to pay the salaries of the government employee, all of them. That's right boys and girls, we produce to cover them.
“Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn't have a surplus, then it must come from taxes. If taxes don't go up, then it must come from increased borrowing. If lenders won't lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value those already in circulation. Something cannot be effortlessly created from nothing.”
Peter Schiff, president of Euro Pacific Capital, Dec. 08 Wall Street Journal op-ed
So now, we've taken $787 billion, closer to a trillion, away from the producers in the country, those who make this country sustainable and prosperous, to salvage government jobs. Not private sector. Not money producers. But money takers. And this is somehow stimulating our economy?
Yet again, what world do these people live in. Not the real one.
Perhaps it's time for Atlas to shrug.
1 comments:
Atlas shrugging is merely another name for Armageddon.
I think O's long-term plan is to sell Alaska back to Russia. Do you know any Alaskans personally? For some reason, this sounds like something he would do.
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