During the August recess, the captivating Mrs. Campbell and I always go to Carmel for the annual car show. Early one morning up there, I watched several shopkeepers sweeping the sidewalk in front of their stores. I got to thinking that shopkeepers must have been doing this for centuries, if not millennia. Several weeks later, I was down in Fredericksburg, Virginia and watched another shopkeeper carefully rearranging a display in the window. It struck me that these acts represented pride in one’s work and one’s place of work. No work rules made them do it. They just did it because those shops were theirs and they take pride in what is theirs. And, I thought, it has ever been thus.

When Mr. Obama talks about the economy and jobs, he invariably mentions teachers and firefighters. Fine. Those are noble professions. But, I can’t help but think that he does so because teachers and firefighters almost always are employees of some government entity and are almost always compelled by law to join a union as a condition of having the job. And, they pay forced union dues, some of which will be involuntarily sent to the campaign… Read More

I don’t usually comment on federal issues, finding as I do enough material in the strange stuff going on around me in Sacramento. But with the Legislature out of session and your pocketbook safe for a while, I thought I would note a bizarre comment recently from our beleaguered president. It’s worth noting, I think, both because it is typical of the arguments we often hear from the left, and because of what it says about the president’s respect for the intelligence of the American people.

The subject the president was addressing was immigration, specifically, the federal version of the so-called Dream Act. More generally, he was defending himself from the charge that he was somehow to blame for the current confused immigration situation that satisfies neither the left nor the right. And according to the White House web site’s transcript of the president’s comments, the comments I find curious, he said in defense, “I just have to continue to say this notion that somehow I can just change the laws unilaterally is just not true.”

Now, of course, precisely NO ONE of any sense, stature, or IQ above room temperature has ever expressed “this notion.”… Read More

The President’s latest proposal to make “the rich pay their fair share” is just another awful idea in a series of awful ideas from this Administration. First of all, it again defines a taxpayer making $200,000 as “rich”. I know a number of such people and I suspect you do too. They live comfortable lives, but I don’t think they deserve the suddenly pejorative term “rich”, particularly if they come to that income by way of 2 working spouses and some investment income because they have saved money over time.

But, the new wrinkle here is the so-called “Millionaires” tax on incomes over $1 million. Obama’s rhetoric explains that he will only require that these incomes pay the same tax rate as “middle class families”. Well, obviously, the tax rate on these incomes is already much higher than for lower tax brackets. Most deductions for higher income people have already been largely eliminated through the alternative minimum tax and other tax laws over the last 20 years. There are really only 2 ways to get the tax rate on your $1 million income down. The first is if a bunch of that income is derived… Read More

As regular readers of this missive know, I am a lifelong Republican. Accordingly, I have never been to a Democrat campaign rally. That is to say at least until last week. Last Thursday, I attended one…..on the floor of the United States House of Representatives. President Obama made a special request to speak to a Joint Session of Congress and I assumed it would be a major policy address. Far from it. It was a campaign speech. There was scarcely little serious policy content present. The first indicator of this was when Obama asked us to “pass this right away”, a line which appears on the first page of an 8 page speech, before saying what was in his plan. That’s like demanding that someone buy something inside a box without telling them what is in the box. Another indicator of lack of substance was his repeated assertions that the $450 billion one-year cost of the bill would be “paid for”. He also made this assertion on the first page of his address. Three pages later he says, “It will be paid for. And here’s how: The agreement we passed in July will cut government spending by about $1 trillion over the next 10 years.… Read More

“The inherent vice of capitalism is the unequal sharing of its blessings. The inherent virtue of socialism is the equal sharing of its miseries.” – Sir Winston Churchill

Socialism Has Failed………Again: The last month has not been a good one for the now highly interconnected world economy. Certainly, we have many problems in the US, with crushing debts and deficits and no job growth or really any growth in the economy at all. Expectations that the future looks bleak add to a lack of investment and risk-taking as more and more people stick their financial heads in the sand. But, it’s even worse in Europe and other places around the world. The huge fiscal problems in countries like Greece, Portugal, Ireland, Italy and Spain may result in debt defaults and are affecting not just their growth, but ours as well.

If you look at the problems in this country and those in Europe, you find that they are really just differing degrees of the same problem. Our governments (federal, state and local) in the US have spent too much money and borrowed too much money and now don’t have enough… Read More

Many of us simply marvel at the idiocy underlying California’s high speed rail (HSR) project. It was sold to the public with what are now obvious lies, falsehoods and — well — more lies. The backers are in it for the billions of profit, yet the left loves these “green” corporatist conmen. Knowing what we now know, how can any sane person still support HSR?

The answer is a mystery, but to me, “mindset” seems to best describe the underlying mentality. And we can see this mindset with the current insane, useless, wasteful subway project proceeding in San Francisco. San Francisco is determined to build an unneeded 1.7 mile subway for $1.6 billion (likely more). If you read this story, you’ll simply shake your head in dismay.

If it were ONLY the left wing loonies in the Bay Area who were paying for this boondoggle, perhaps this modern pyramid to lunkheads could be ruefully enjoyed. Sadly, we all will be paying for 60% of this deal via the federal government, which apparently has money to burn — or, in this case, to bury forever 100 feet… Read More

Bring back the 2006 version of Barack Obama!

On 16 March, 2006 on the floor of the U.S. Senate, Obama made the following solid speech — a speech he would ridicule today:

Mr. [U.S. Senate] President, I rise today to talk about America’s debt problem.

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion…

Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops… Read More

Today, economic issues dominate the scene in America. We have record-breaking, unsustainable deficits and face credit downgrades and a looming debt crisis. We are supposedly in the middle of economic recovery, but no one can really feel it. Unemployment is stubbornly high and shows no signs of coming down any time soon. Inflation is now running over 3%, which is relatively low, but since savings accounts pay essentially nothing, the wealth of Americans is being eroded. Europe and, yes, even China have economic challenges. Decisions about issues as diverse as national defense, the environment and immigration are all now impacted by the economic prospects and our current fiscal situation.

President Obama has been the major contributor to these problems. He has massively grown spending, deficits and debt in a misguided and failed Keynesian attempt to fix the economy. His strong and very liberal ideology continues to churn out job-killing policies in the areas of health care, energy, finance and manufacturing. He claims to love the jobs created by these industries, but his administration does whatever it can to restrict the products that these industries make and to punish… Read More