Archive for January, 2011


I’m not a huge fan of Trump.  I don’t buy his books.  I didn’t watch his TV show and truthfully, I didn’t listen to this entire interview.  But, I heard enough of it to consider it important to share.

Much has been made of the size of the Chinese economy surpassing that of the U.S.  Well lah de frickin dah!.  China has a population of  1.3 BILLION people!  Geez, we have less than a third of that.  So, we still DWARF them in EVERY respect but total GDP.

Much of China’s population still live in wretched poverty.   What success they “enjoy” is due largely to currency manipulation and a “labor market” slightly better than slavery.   Further, their human rights record continues to be appalling.  So, let’s not be too quick to pay homage to the wonderful Chinese model of economics.    Don’t forget,  as a culture they’ve been around for thousands of years.  Seems like they could have done a lot better for themselves in all that time.  Let’s keep some perspective.

Moran

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Posted: January 29, 2011 in Uncategorized


I WILL BE HEARD!

If you wish to comment upon and/or rate any article, click on the title, then  pick a star at the top of the article  to rate or scroll to the bottom to comment!

Moran


“It takes a worried man to sing a worried song, and in a recent speech that seemed like Larry Summers‘s swan song, the president’s now-departed economic adviser warned that America is “at risk of a profound demoralization with respect to government.” He fears a future in which “an inadequately resourced government performs badly, leading to further demands that it be cut back, exacerbating performance problems, deepening the backlash, and creating a vicious cycle.”

The idea that America’s problem of governance is one of inadequate resources misses this lesson of the last half-century: No amount of resources can prevent government from performing poorly when it tries to perform too many tasks, or particular tasks for which it is inherently unsuited.

Actually, government is not sufficiently demoralized. The hubris that is the occupational hazard and defining trait of the political class continues to cause government to overpromise and underperform. This class blithely considers itself exempt from the tyranny of the bell-shaped curve – the fact that in most occupations a few people are excellent, a few are awful, and most are average.

In fact, the bell curve is particularly pertinent to government. Surgeons achieve eminence by what they do “in office” – in operating rooms, performing surgery. Politicians achieve eminence simply by securing office – by winning elections, a skill often related loosely, if at all, to their performance in office.

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James Q. Wilson, America’s preeminent social scientist, has noted that until relatively recently, “politics was about only a few things; today, it is about nearly everything.” Until the 1930s, or perhaps the 1960s, there was a “legitimacy barrier” to federal government activism: When new policies were proposed, the first debate was about whether the federal government could properly act at all on the subject. Today, there is no barrier to the promiscuous multiplication of programs, because no program is really new. Rather, it is an extension, modification or enlargement of something government is already doing.

The vicious cycle that should worry Summers is the reverse of the one he imagines. It is not government being “cut back” because of disappointments that reinforce themselves. Rather, it is government squandering its limited resources, including the resource of competence, in reckless expansions of its scope.

“There has been,” Wilson writes, “a transformation of public expectations about the scope of federal action, one that has put virtually everything on Washington’s agenda and left nothing off.” Try, Wilson suggests, to think “of a human want or difficulty that is not now defined as a ‘public policy problem.'”

Summers leaves a federal government funded by a continuing resolution. Congress has been so busy passing gargantuan legislation to expand government’s responsibilities that it has not had enough time, energy or sense of responsibility to pass a budget. And the pathologies of expanding government are becoming worse because of two concepts Summers mentioned in his valedictory – Baumol’s Disease, and Moynihan’s Corollary to it.

William J. Baumol, Princeton economics professor emeritus, said that in certain economic sectors – e.g., labor-intensive service industries – productivity will increase, if at all, more slowly than in the rest of the economy. The late senator Daniel Patrick Moynihan‘s corollary was that such services – e.g., teaching, nursing, the performing arts – tend to migrate to the public sector.

Moynihan noted that if you want a string quartet, you must hire four musicians with four instruments, just as in Chopin’s day. “Productivity,” said Moynihan, “just hasn’t changed much. And when it does – e.g., playing the Minute Waltz in 50 seconds – it doesn’t seem to work right.” Actually, lopping 10 seconds off the waltz subtracts from musicians’ productivity.

Moynihan noted a danger to his party in the tendency for the “stagnant services” to become government services: “The Democratic Party is identified with this very public sector in which relative costs are rising. By contrast, the Republican Party is identified with the private sector where relative costs are declining.” The public sector’s involuntary tendency to become, regarding productivity, a concentration of stagnation is a reason for government to become more circumspect than it has been about the voluntary acquisition of vast new responsibilities, such as micromanagement of health care’s 17 percent of the economy.

As Summers returns to Harvard, he is hopeful because “markets climb walls of worry.” That is, American history is replete with self-refuting prophesies of peril – predictions of national decline that prompt renewals.”

I admire this man’s thoughts and ability to express them.

Moran


I did not watch the state of the union speech last night.  I understand our president is a much better than average speaker.  I’m also quite sure he can strike a conciliatory tone if he chooses.   It just seems all so unimportant.

Conservatives, especially elected republican conservatives need to understand that, Obama and our social democrats in the congress and senate do not regard the latest election as defeat for them and their agenda.  IT IS SIMPLY A SETBACK.

They’re chief weapons are patience, time, and relentless incrementalism.

The progressives have been trying to establish a national health care system since the early part of the 20th century.  It took ALL this time to get something approaching national health care into legislation.  Yet, they managed.  They don’t give up.

With this in mind, why did the republicans agree to this non-partisan seating arrangement?  Why do OUR boys and girls need to get along with their boys and girls.  Some would argue that it’s not really important.

What IS important is for the new kids in Washington to recognize the absolutely relentless push they are up against.  To not be lulled or drop their guard by a symbolic olive branch.   Look at Lindsey Graham, he was part of the Gingrich revolution.  If their is a better example of a RINO, I challenge you to name one.  The man is for cap and trade, comprehensive immigration reform and hasn’t seen a bailout he doesn’t like.

Just sayin’

Moran


President George W. Bush and President-elect B...

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At the risk of sounding like a heretic, I’ll say that we can’t lay all the blame for the current scene on either Bush or Obama. This crisis has been decades in the making. Government fiscal policy of cheap debt, a housing market driven by government intervention and wall street profiteering laid the foundation for a massive bubble and subsequent collapse. It’s like a massive financial sink hole dragging all around into it’s maw!  (See the picture below, it’s really cool.) 

Bush, like EVERY president since the beginning of the 20th century presided over AN EXPANDED federal government. He showed almost no fiscal restraint, conducting 2 “unfunded” wars and creating a prescription drug entitlement of which any honest liberal would be proud. He also created the largest federal bureaucracy in history.   His tax cuts, which I SUPPORT, like all the spending was funded by borrowing money from the CHINESE because no administration or congress since forever will stop the crazy, out of control spending.

Obama, however, has taken spending to such dizzying heights that we may truly not recover.

In MANY ways I hold the Republicans as more responsible for this mess because WE WERE AND ARE supposed to KNOW BETTER.

We will see if this latest crop of legislators can make a difference and finally put the brakes on the FEDERAL JUGGERNAUT.

Moran

An aerial view of Washington, D.C.


The Hague (international War Crime Tribunal) or the Norwegian Parliament (Nobel Peace Prize) What do you think?

If you read the article to which I have provided a link below, you’ll find one more thing to add to the list of President Bush‘s “crimes.”

Let’s catalog his previous misdeeds.

Without any provocation whatsoever, he deposed one of the Middle East’s most beloved rulers.  Simultaneously, he thrust the Iraqi people into the horrible dilemma of having to rule themselves and respect each other.

He water-boarded about maybe 5 or 6 Islamic Freedom Fighters who wanted nothing more than to create a world-wide  Islamic paradise, ruled by the  gentle benevolence of Sharia law and completely free of infidels. He felt this really urgent need to know about their secret plans.  How rude!

Also, without regard to personal privacy,  he listened in on the calls of other Islamic Freedom Fighters who just wanted to catch up with their all too few friends here in the U.S.

And get this, he also tracked and froze their bank accounts, all over the freakin’ world.  The nerve.

Well let’s add CYBER TERROR to his shameful rap-sheet!  Read the article .  http://www.nytimes.com/2009/01/11/washington/11iran.html?_r=1&sq=january%202009%20sanger%20bush%20natanz&st=cse&scp=1&pagewanted=all

Here are the Iranians, minding their own business.  Bothering no one.  They are so totally committed to “going green,” that despite having the THIRD LARGEST oil reserve in the world, they are engaged in a totally peaceful nuclear development program.  That’s right.  They are trying to save the planet.

So, what did that devil, Bush, do?  STUXNET!  Oh, you don’t know what that is.  It is perhaps his most insidious, devious act.  He authorized a virus attack on the computers that run the Iranian nuclear program!  I don’t know about you, but I’ve had a virus on my computer and it is a son of a bitch!  Poor Iranians.  Maybe they were only using the free version of AVG.  I don’t really know.  But I guess this Stuxnet virus won’t stay in the quarantine vault thingy.  They can’t get rid of it.  So, it looks like the Iranians will just have to keep using oil and ruining the planet for at least a few more  years.  Add this to Bush’s crimes, “hacker” and “planet earth hater.”

Moran


http://michellemalkin.com/2011/01/10/the-progressive-climate-of-hate-an-illustrated-primer-2000-2010/

Spend just a little time with this article by Michelle Malkin and realize how very often our friends on the left veer from any resemblance to the “moral high ground.”

Moran


I argue that heated, passionate, even VITRIOLIC political discourse is not only a LONGSTANDING American tradition, that in fact it is a large part of WHY American politics is largely NON-VIOLENT.

Forget civility in politics. Our politics IS civil.  Keep in mind, before the great American experiment, the power of rule and governance was transferred largely by heredity OR VIOLENCE. Ugly words are much better than blood soaked streets.

Every 4 to 8 years the most powerful person in the world, steps aside and transfers that power WILLINGLY to a successor not of his choosing. This act of political submission to the will of THE governed is unprecedented in human history.

Look how small Chavez is clinging to his little slice. And remember the Honduran president deposed by his country’s congress and supreme court because he sought to extend his presidency beyond their constitutional limit. These are small powers, yet those men will not easily step aside. Make no mistake, the NON VIOLENT, but NOISY, VULGAR, MUDSLINGING election of American Presidents is a true miracle of human civilization. Be grateful to be a part of it. Don’t be afraid to get a little mud on ya.

Moran


The 112th congress opened session yesterday with a reading of the constitution.  Frankly, I’m not really impressed.  It is a symbolic act and I appreciate it as such.  However, the corrupting influences in Washington cannot be over matched by the simple vocalization of our nation’s supreme law.

Don’t get me wrong, I don’t hold that anyone believes just reading the constitution is a remedy to any of our country’s ills.  There are going to be some very tough battles, the toughest being the battle against the status quo.

Washington is a machine.  It has A LOT of momentum.  The interconnections and intricacies of regulation, legislation and the bureaucracy that keeps it all humming along is MIND BOGGLING.  Further, that bureaucracy is deeply entrenched and deeply committed to ITS OWN SURVIVAL.

We’ll see what happens.

Moran

This decade's battle will be The Constitution, a document of maybe 50 or so pages, against the massive bureaucracy of Washington D.C.