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Monday, June 29. 2009Monday morning linksThe German concentration camp brothels More on the EPA quashing their own climate skeptical report. More details at Dino. Is this a scandal? It matters plenty more than Gov. Sanford's ridiculous midlife crisis. Powerline notes the media blackout on the story. Politics, sans facts. It is business as usual in DC. Related: The O forgives Dems who voted against cap & trade. Not Repubs. As we have said repeatedly, it's just a gussied-up new gigantic tax. A little something we can do for the fine people of Iran White House: "not ruling out" middle class tax hike" From Mankiw in the NYT, who says the gummint could make it's own public option insurance today:
On mandatory health care, at The Agitator Good point on Honduras at Hot Air:
The Admin is right on this one:
It's time for them to grow up.
Posted by The News Junkie
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Dick Morris a few days ago mentioned that Pelosi had followed, on the cap & trade vote, a familiar script whereby her party members in sensitive districts get permission to vote "nay" if the bill is going to be a 'close vote that will pass' anyway.
i noticed over the weekend reading headlines that Time magazine is blaming Prop 13 for all of California's troubles. As if Prop 13 itself was an asteroid or something.
Arnold could redeem himself somewhat, as well as perhaps show some leadership in putting the country right --now or never --by making a comprehensive four-hour speech relating in exquisite detail exactly and i do mean exactly what went wrong in arguably the most bounteously-endowed piece of land on the planet Earth. Buddy,
I read that California is the world's 5th largest economy. It astounds me as I write that, so I'm going to go check. ` From a quick Google search......................
California accounts for about 13% of the USA's GDP. http://www.50states.com/facts/calif.htm 35. If California's economic size were measured by itself to other countries, it would rank the 7th largest economy in the world. http://www.ccsce.com/pdf/Numbers_CA_Rank.pdf Here the economy is ranked as 8. Here is the link to the CIA World Factbook. It's a great tool. https://www.cia.gov/library/publications/the-world-factbook/ It doesn't have the size of the California economy, but it's worth a bookmark for your reference folder. Barrett, thanks for the links. California, massive debt, massive deficits, and soon to be massive new taxes. Where is the growth going to come from under these conditions?
Did you follow any of the stories surrounding the 134 billion bond scam? If you did what are your thoughts. jappy, the Genoveses were apparently involved, as were insiders in the Venuezuelan central bank. Madoff is in the news today --he too was apparently involved with the Genoveses --as well as the Oligarches & Russian mafia. Your speaker of the house, coincidentally, is the daughter of a Genovese chief. And your secretary of state just called off the poppy interdiction program in Afghanistan.
All this info is available in 'search' --i'm not making it up.
#2.1.2.1.1
buddy larsen
on
2009-06-29 16:49
(Reply)
I'm still waiting for that Dago bitch to apologise to the C.I.A.
As far as the Clinton's go nothing surprises me. A little insight on Dago land. People from the north don't like people who live in the south, and vice a versa. Nobody trusts the Sicialians. We're all tribal, and crazy. What happened to the two fish heads? Why didn't we extradite them back here?
#2.1.2.1.1.1
jappy
on
2009-06-29 18:14
(Reply)
jappy,
Buddy has you covered on the bond scam. Regarding, where is the growth going to come from in California or in the USA? I expect any recovery in GDP to be relatively anemic. The policymakers are taking away the incentives to invest and work. None of this bodes well for economic growth. My personal position is the markets are in for a few more bumps before the year is over. I am positioned very defensively. I expect that Obama will distort the facts and use it as a call for more government. He is betting that people will trade freedom for bread.
#2.1.2.1.2
Barrett
on
2009-06-29 18:09
(Reply)
It's just almost unbelievable that California can have that big a top line and still be in the red. The spending just defies the imagination.
Buddy,
It is the [b]spending[/] that is the problem. I don't know where the myth that government resources are unlimited because there is a taxpaying public behind it all. Federal tax receipts were in the $2.1 to $2.5 trillion range before the meltdown. I could go to Washington with a handful of accountants, lawyers and bankers without a political agenda and only a copy of the Constitution and Bill of Rights and find $500 billion to $1 trillion of "savings" within a month. Grace Commission, even ReGo, all had great ideas --that just evaporated like vapor on a June afternoon. ReGo actually took the thing out of politics in a way, recommending an across the board percentage cut in every spending fountain in DC. Great idea but nuttin happent.
jappy, lasy i heard the two couriers were released. Ah, yes, that's right, and, 'whereabouts unknown' --tho i haven't dug into it lately and there may be updates. Is California a microcosm of what the entire U.S.A. will be in a few years?
:( ` |