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One Man's View » Economy http://onemansview.us Have you had enough of the insanity in Government? Sat, 01 Sep 2012 21:28:06 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 More Left Wing BS from the Obamanation http://onemansview.us/government/political/more-left-wing-bs-from-the-obamanation/ http://onemansview.us/government/political/more-left-wing-bs-from-the-obamanation/#comments Tue, 28 Feb 2012 23:47:55 +0000 Chuck http://onemansview.us/?p=1275

Our less-than-illustrious Prezident Obama managed to do a little stumping on this election day during a visit to Michigan by telling voters there that Republican candidate Mitt Romney was shoveling a “load of you-know-what” in his 2008 NY Time op-ed criticizing the auto industry bailouts..

If you all remember, a UAW-owned trust was given a 17.5% ownership stake in GM as part of the bailout, while bondholders were left with nothing to show for their investment in the auto giant.

Prezident Obama went on to reject assertions that he was (and still is) pandering to special interests in his support of labor unions.

I have news for you, Mr. Prezident:  If it can contribute to a political candidate’s campaign, but it cannot cast a vote, IT IS A SPECIAL INTEREST!

I urge you all to help put this socialist oath-breaking criminal back on the street this November.  It doesn’t matter who the Republicans put on the ballot.  Any of the Republican candidates would be better than 4 more years of this guy.

 

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This Guy Gets It! http://onemansview.us/government/political/this-guy-gets-it/ http://onemansview.us/government/political/this-guy-gets-it/#comments Thu, 28 Jul 2011 15:31:56 +0000 Chuck http://onemansview.us/?p=1176

It’s too bad the President and Congress don’t.  Please take 5-1/2 minutes, and watch the video below.  Whether you agree or disagree, please take the time to enter your answer to the new poll in the right margin.

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South California To Become 51st State? http://onemansview.us/government/political/south-california-to-become-51st-state/ http://onemansview.us/government/political/south-california-to-become-51st-state/#comments Mon, 11 Jul 2011 21:16:43 +0000 Chuck http://onemansview.us/?p=1160

That’s right… it could happen.

According to the AP, the thirteen mostly conservative California counties would break away to create a 51st state known as South California under a proposal by Republican Jeff Stone of the Riverside County (where I live) Board of Supervisors.  Apparently Stone asked fellow members of the Board to support a motion to bring together officials from the 13 counties to discuss the idea.  A vote is scheduled for Tuesday.

Stone says California is too big to govern, which has led the state to raid local government coffers because of runaway spending.

Stone’s version of South California would not include Los Angeles County.  Rather, it would encompass coastal Orange and San Diego counties, and inland Fresno, Imperial, Inyo, Kern, Kings, Madera, Mariposa, Mono, Riverside, San Bernardino and Tulare counties.  It would have a part-time Legislature and no term limits.

Know what?  I’m all for it!!  What do you think?

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Your Tax Dollars At Work http://onemansview.us/government/foreign-policy/your-tax-dollars-at-work/ http://onemansview.us/government/foreign-policy/your-tax-dollars-at-work/#comments Mon, 13 Jun 2011 17:53:33 +0000 Chuck http://onemansview.us/?p=1138

OK, so the title is a little misleading. Most of you who know me know I continually bitch about Fraud & Waste in Government. However, in this particular case, I would like to show you some photos of your tax dollars doing precisely what they were meant to do. They take a minute to load, so please be patient.

Enjoy.

Your Tax Dollars At Work

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Change We Can Believe In – Yeah, Right! http://onemansview.us/government/political/change-we-can-believe-in-yeah-right/ http://onemansview.us/government/political/change-we-can-believe-in-yeah-right/#comments Thu, 05 May 2011 22:13:28 +0000 Chuck http://onemansview.us/?p=1113

“I can make a firm pledge:  Under my plan, no family making less than $250,000 a year will see any form of tax increase.  Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”

- – Then Senator Barack Obama, September 12, 2008

According to GOP.gov:

Beginning January 1, 2013, ObamaCare imposes a 3.8% Medicare tax on unearned income, including the sale of single family homes, townhouses, co-ops, condominiums, and even rental income.

In February 2010, 5.02 million homes were sold, according to the National Association of Realtors.  On any given day, the sale of a house, townhome, condominium, co-op, or income from a rental property, can push middle-income families over the $250,000 threshold and slam them with a new tax they can’t afford.

This ObamaCare tax is the first time the government will apply a 3.8 percent tax on unearned income.  This tax on home sales, unearned income and other Medicare taxes raise taxes more than $210 billion to pay for ObamaCare.   The National Association of Realtors called this new Medicare tax on unearned income “destructive” and “ill-advised” and warned it would hurt job creation.

No thanks!  I’ll keep my guns, my God and my money.  You can keep “The Change”.

 

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The Civil Service Union Travesty http://onemansview.us/humor/satire/the-civil-service-union-travesty/ http://onemansview.us/humor/satire/the-civil-service-union-travesty/#comments Fri, 08 Apr 2011 21:52:44 +0000 Chuck http://onemansview.us/?p=1027

First, I can’t take credit for this, and it came out awhile ago.  Also, due to some rough language, it’s not safe for work or kids, so be forewarned.  This will definitely piss you off, but it will make you laugh, too.  I especially like the subtle image of the tennis racket on the bench.

 

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Definition of a Socialist (spoken to the tune of “You Might Be A Redneck”) http://onemansview.us/humor/definition-of-a-socialist-spoken-to-the-tune-of-you-might-be-a-redneck/ http://onemansview.us/humor/definition-of-a-socialist-spoken-to-the-tune-of-you-might-be-a-redneck/#comments Wed, 06 Apr 2011 19:30:13 +0000 Chuck http://onemansview.us/?p=1014

OK… I can’t take credit for this. Credit goes to Wayne Allyn Root – The Washington Times 6:17 p.m., Monday, April 4, 2011 MugshotIllustration. Wayne Allyn Root is a former Libertarian vice-presidential nominee and author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold, Gambling & Tax Cuts” (Wiley, 2009). He writes at RootforAmerica.com.

Socialist Obama by Alexander Hunter for The Washington Times: “I ought to know. I was Mr. Obama’s college classmate at Columbia University Class of ’83. Our college was dominated by socialists and Marxists who hated capitalism and America.” Let’s look at the facts up close and personal – Jeff Foxworthy style. Mr. Foxworthy leaves no doubt as to “who might be a redneck.” Let me leave no doubt that “Obama might be a socialist.”

  • If you believe it’s greedy for American taxpayers to want to keep more of their own money, but not greedy to demand that government confiscate other people’s money and redistribute it to those who didn’t earn it, you might be a socialist.
  • If you don’t understand (or care) that babies scream and cry the moment they are born because they are already heavily in debt and facing a bleak future and lower quality of life, you might be a socialist.
  • If the only thing you, your Cabinet members and czars know about business is from books read at Harvard Law School, written by Karl Marx, you might be a socialist.
  • If you want to allocate hundreds of millions to the Internal Revenue Service to go after tax cheats when your administration is filled with tax cheats, including the guy in charge of America’s taxes (Treasury Secretary Timothy Geithner), you might be a socialist.
  • If you think the “White House Party Crashers” are terrible people because they came to a state dinner without an invitation, but you want to give instant citizenship to 12 million uninvited “illegal aliens” who crashed our border, you might be a socialist.
  • If you think anyone who doesn’t read the New York Times is dumb and ignorant, but think it’s OK for Congress to pass a 2,000-page health care bill without reading it, you might be a socialist.
  • If you think Times’ columnist Paul Krugman deserves a Nobel Prize for economics and you deserve a Nobel Peace Prize even though neither of you created a job or ended a war, you might be a socialist.
  • If you think it’s OK to meet with dictators, bullies, tyrants and terrorist sympathizers without preconditions, but have no interest in meeting with conservatives in Congress, you might be a socialist.
  • If you think it’s OK to give constitutional rights to terrorists, but not to the bondholders, shareholders and secured creditors of GM and Chrysler when you stole the company from them and awarded it to the unions that bankrupted them, you might be a socialist.
  • If you think Raul Castro, the leader of communist Cuba, in firing 500,000 government employees by telling them “government can no longer employ or take care of everyone” isn’t a hint that perhaps America needs to reduce our obscene number of government employees, you might be a socialist.
  • If you think George W. Bush’s spending was an embarrassment, a travesty and a sin, but you have no problem increasing the national debt more in one day than the entire 2007 budget deficit, you might be a socialist.
  • If you think Whoopi Goldberg and Joy Behar of “The View” represent the moderate wing of the Democratic Party, you might be a socialist.
  • If you think it was OK for Nancy Pelosi to pass Obamacare so she could benefit from the special clause on Page 1,890 that gives free facelifts to public officials, you might be a socialist (just kidding!).
  • If you want to convert America to a “green economy” to create jobs, after Spain has proven the green economy destroys three times as many jobs as it creates and leads to 20 percent unemployment, you might be a socialist.
  • If you think denying someone a job, government contract or entry to college because of the color of their skin is immoral and criminal, but giving someone a job, government contract or college admission because of a different color of their skin is “social justice”, you might be a socialist.
  • If you want to abandon capitalism and put the economy under the control of government bureaucrats, even though virtually every city, county, state and federal department run by these same bureaucrats is insolvent and bankrupt, you might be a socialist.
  • If you favor taxpayer bailouts of companies who give you campaign contributions and hide it by refusing to disclose who got the money or how much, and you demand your cronies in Congress pass the 1,000-plus page bailout bill without reading it, you might be a socialist.
  • If you think spending an extra trillion dollars will save money on health care and reduce the deficit, you might be a socialist (and possibly learned math in public school).
  • If your solution to Medicare driving the country into bankruptcy is expanding it to everyone with Obamacare, you might be a socialist.  If want to lower the cost of health care but left out tort reform, you might be a socialist lawyer.
  • If you’re a Columbia University professor and gave a student named Barack Obama an A in economics, you are definitely a socialist (and a moron – addition and emphasis mine).
  • And finally, in the eighth year of the Obama presidency, if Bangladesh is hosting “Aid America” concerts or you’re standing in line for toilet paper, you have a socialist president.

It’s time to stand up and loudly call a socialist… a socialist!

Of course, that’s just One Man’s View.  YMMV, and you’re welcome to comment here.

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The New Burma Shave http://onemansview.us/humor/the-new-burma-shave/ http://onemansview.us/humor/the-new-burma-shave/#comments Fri, 01 Apr 2011 19:29:59 +0000 Chuck http://onemansview.us/?p=981

Supposedly seen on Northbound on I-5, near Chehalis, WA (88 miles south of Seattle)…

Obama1 300x224 The New Burma Shave
Obama2 300x224 The New Burma Shave
Obama3 300x224 The New Burma Shave

Obama4 300x224 The New Burma Shave

Obama5 300x224 The New Burma Shave

Obama6 300x224 The New Burma Shave

Obama7 300x224 The New Burma Shave

Obama8 300x224 The New Burma Shave

Obama9 300x224 The New Burma Shave

Supposedly, the federal government is now petitioning to have these signs removed or Washington state will be denied additional monies for interstate highways.  Rumor has it the State of Washington replied that they will secede from the Union rather than be intimidated. These are a matter of free speech paid for by a private citizen.  It seems the Obama government uses intimidation and ignores the first amendment when they want to silence someone.

True?  I dunno.  But you gotta admit, the signs are funny!!

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Fire Nancy Pelosi and Harry Reid! http://onemansview.us/government/political/fire-nancy-pelosi-and-harry-reid/ http://onemansview.us/government/political/fire-nancy-pelosi-and-harry-reid/#comments Tue, 21 Sep 2010 17:20:26 +0000 Chuck http://onemansview.us/?p=877

It has been awhile since I’ve written anything. I’m not entirely sure why, except I’ve started up a new business, and that has taken the lion’s share of my time of late.  I guess I was also a bit burned out… which I suppose is precisely what the followers of Saul Alinsky’s “Rules for Radicals” want.

That is not to say I haven’t been listening to all the political pundits on both sides of the aisle.  The discussions have been interesting in some cases, and laughable in others.  However, we’re now 6 short weeks away from the mid-term elections, and we have some important decisions to make as the electorate.

Since reading Robert Heinlein’s “Time Enough for Love” back in the 70s, I have been a subscriber to the “Lazarus Long School of Politics”.  His mantra was “Always vote, as there may not necessarily be somebody you want to put in office, but there is almost always somebody you want to keep out“.  Yes… a lesser of two evils policy.  That is pretty much where we as a nation find ourselves today.  Do we want more of the same BS we’ve been getting for years (yes… even going back to the days when Republicans had control of Congress), or are we really ready, as a people, to take responsibility for those we put in office?

I am sure you have all heard the new GOP catch-phrase “Fire Nancy Pelosi”.  After all, RNC leader Michael Steele is cruising all over the country in a large bus touting exactly that.  I am not just climbing on the GOP bandwagon by recommending we get rid of Pelosi and Reid.  We must remove them from their positions of power in Congress before they drag this great nation even further into the crapper.  The Republicans must take control of at least one of the Houses of Congress in order to restore something approaching a balance of power, if for no other reason than to keep the Marxist sitting in the White House from causing any more harm than he already has.

I remind you that I am not a run-of-the-mill Republican.  I am a fiscal conservative with a social conscience… and a borderline libertarian.  That said, I am not an anarchist, as many libertarians are accused of being.  However, since we live under a two party system, I tend to lean toward the Republican perspective, since the Democratic (read that as far left liberal) point of view turns my stomach.

So, how do we fire Nancy Pelosi and Harry Reid (and others of their radical, far left ilk)?  Simple:  As hard as it may be for some of you to do, it is imperative that you vote a straight Republican ticket in the upcoming elections.  The Republican you vote for may be a far right conservative, or a more moderate Tea Party candidate.  IT DOES NOT MATTER!! Vote for them, as this is the only way a balance of power will be restored in the Capitol.

This is the only way we will be able to rid ourselves of ObamaCare, Amnesty for all Illegal Immigrants, Cap & Tax, Card Check, The Fairness Doctrine, Redistribution of Wealth, Government takeover of publicly held corporations (i.e., GM, Chrysler, et. al.)… and all the other radical, socialist Big Government platforms the current administration wants to ram down our throats.  We won’t have another chance until 2012, and I fear that, if we wait until then, it will be too late.

Remember, our current financial mess was caused by the Government, due to their mandate that Fannie Mae and Freddie Mac back loans made to people who never had any hope of repaying them.  This Recession (which certain economists claim is over… but I don’t buy it for a moment), was not caused by the greed on Wall St.  It was all about Fannie Mae and Freddie Mac peddling bad paper (i.e., Mortgage Backed Securities), and covering it up… and they’re still doing it!

We recently bought a new house (well, not new… it’s 7 years old) in California’s Temecula Valley.  While house hunting, we came across a lovely home that was priced about 15% higher than comparable homes in the area.  In other words, this home would not appraise for close to the asking price.  It was a Fannie Mae owned home, and their terms were:  Pay their asking price, get your loan through them and they would only ask for 3% down, and would not require an appraisal! That was in April of this year!  So, this Government-sponsored organization hasn’t changed the way they do business one iota.  But I digress.

Take a look around you.  How many truly happy people do you see/know?  If you’re anything like me, you don’t see very many.  Could it be they are victims of the “Yes We Can” and “Change We Can Believe In” LIES?

Do yourself, and them, a favor this November:  Fire Nancy Pelosi and Harry Reid by voting for the person with the big R by their name on the ballot.

Of course, this is just One Man’s View.  As always, we welcome your comments.

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New Class Warfare? http://onemansview.us/government/economy/new-class-warfare/ http://onemansview.us/government/economy/new-class-warfare/#comments Thu, 17 Jun 2010 14:02:16 +0000 Chuck http://onemansview.us/?p=853

There is a new storm brewing on the horizon you all should be aware of: That of the approximately 10 million private pensioners lobbying for a government bailout. None of us have forgotten the trillions of our tax dollars spent on the private financial sector bailouts of 2008 and 2009. Well, that’s just the tip of the iceberg.

We have police and firemen retiring in their early 40s on full pensions, teachers (and school administrators) receiving guaranteed annual raises (not based on merit) despite the recession, and our politicians continually agreeing to unsustainable (and unfundable) public sector compensation programs.  The Tea Party movement has seen this coming, and you should be aware of it, too.

We are a Capitalist Society – There are NO Guarantees

To quote Damien Hoffman of the Wall St. Cheat Sheet, “There are no guarantees in Capitalism.  If the U.S. is to recreate one of the greatest economies in the world, we must end the practice of aiding businesses and programs which would otherwise go bankrupt without government subsidy.  Once guarantees are offered to a privileged group of people, a society ends up in the current tit-for-tat gameplay currently reaching elevated heights in the U.S.”

Granted, there are programs providing significant value to a small percentage of people that really need the assistance.  However, guaranteeing survival in the private market or permitting outlandish retirement benefits in the public sector are a direct path to the same fate as ancient Rome.

It used to be that a person contemplating going to work in the public sector would work for less wages than his private sector counterpart, but had a nicer retirement and benefit package to offset the wage disparity.  This has changed, in that public sector wages have caught up with (and in many cases, surpassed) those in the private sector, while the public sector fringe benefits have gotten even fatter.

The tit-for-tat mentality works this way:

The public sector employees aren’t blind, and see the bailout money flowing to the public sector for a lot of stupid reasons… much of which lines the pockets of upper management in the form of bonuses.

Then, the private sector sees public employees retiring after 15+ years with full pensions at ridiculous rates (much of which is based on trumped up timekeeping methodology), fully paid medical benefits with little or no worker contribution, and other completely outrageous benefits dreamed up by the labor unions.  This is on top of the wage rate, which in most cases matches that of the private sector.

The private sector then pushes back because they see the waste of tax dollars used to prop up the public sector’s ever increasing standard of living.  The tit-for-tat continues until rational people intervene and stop the BS.

The Insane Public Sector Fringe Benefits Must Cease

The public sector needs to learn basic math.  More importantly, so do the legislators that cave in to the public sector labor unions’ demands.  Organized Labor must be forced out of the public sector, or else there will never be a balanced budget or sustainable tax burden to pay for the continued increases in public sector benefit packages.  This applies at the Federal, State and Local levels.  Government must set the pay scales (similar to the old Federal “GS” system), where promotion and raises are based on time and merit.  Public sector employees must start contributing to their own retirement plans, and the employee contributions must constitute the bulk of the funding.  The High-3* system needs to be retired, being replaced with something similar to the private sector’s 401(k) system, where the pension amount is determined by employee/taxpayer contributions, without regard to how much the employee earned in his/her highest 3 years of compensation.  A change to this type of system would give the public sector employee total control of their retirement fund, thus preventing the Government and Unions from using retirement fund money to fund their pet projects.

Labor Unions Need To Wise Up

Yo… Organized Labor… do you hear me?  My name is John Q. Taxpayer, and I’m mad as Hell and am not gonna take it any more.  Wanna know why?  I’ll tell you:

LABOR UNIONS ARE A MAJOR CAUSE OF THE CURRENT ECONOMIC MESS

That’s right… it’s YOUR FAULT.

When $1,600 of the current cost of a GM vehicle goes toward paying legacy costs (i.e., mostly retiree health and pension benefits), that’s a sign of a major problem.  Assuming the average price of a GM vehicle is $25,000, the cost of retiree health and pension benefits comprises 6.4% of that vehicle’s price and is paying benefits for people that no longer work for GM.  That’s a problem, don’t you think?

39.5% of California’s General Fund expenditures goes toward K-12 education, and 82.9% of that pays teacher and staff salaries and benefits.  In 2006-2007 salaries for classroom teachers accounted for 39.5 percent of school expenditures; salaries for other school staff, including counselors, principals, and secretaries, accounted for 24.4 percent; and employee benefits, including retirement and health benefits, accounted for 19.0 percent.  That’s right… 19% of California’s education budget pays for retirement benefits.  When added to administrative costs, 43.4% of the budget goes toward what we in the private sector call G&A (General and Administrative Expenses).  If a private sector company had G&A expenses of 43.4%, it would be bankrupt because it couldn’t compete in the market.  Oh gee…. look at GM and Chrysler.

For the record, I believe Organized Labor once had its place in this nation.  But those days are over.  We have Federal Labor and Minimum Wage laws that protect the Worker.  The American worker doesn’t need a union to look out for his or her best interests.  What the American worker needs to do is get a better education so they’re better equipped to negotiate their own best deal with their potential employers.

In 2009, just over 16 million Americans are union members, accounting for approximately 12.4% of the workforce.  Organized labor believes that new legislation such as the Employee Free Choice Act (EFCA aka Card Check) will give workers a better opportunity to join the union movement. Opponents feel it’s nothing more than pressure tactics on non-unionized employees.  If you take out the public sector, unions are practically irrelevant, representing just 7.8% of the private sector workforce.

More concerning is the influence unions have through their pension funds. A study done by New York University professor Ashwini Agarwal found that AFL-CIO (the central federation of labor unions in the U.S.) affiliated pension fund assets total $100 billion, with 46% invested in domestic equities (as of September 30, 2006). In 2006, union-related funds were responsible for 295 out of 699 shareholder proposals. It also found that AFL-CIO funds became much less combative when the union no longer represented a company’s employees.

If you have a union pension, take a very close look at the investments. You can bet they’re playing retired workers against the current workers in a sophisticated game of chicken. Don’t let it happen. Unions increasingly find themselves in a conflict of interest today, in that they claim to represent the worker, when in reality they only represent themselves using their (unearned) influence to buy political favors by contributing to political campaigns.  It’s a cat and mouse game that politicians would do well to beware of (and this includes you, Mr. Obama, with your cozy relationship with SEIU).  Conflict of interest works both ways.

Of course, this is just One Man’s View.  Your comments are, as always, most welcome.

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