Slow news day, but found an interesting parallel to what's happening to California's economy and will likely happen across the U.S. unless the Dem’s wake up and realize their fiscal ideas don’t work now and never will.
Cyprus is on the brink of financial collapse. As a result, the government wants to tax every citizen with a bank account and is going to start seizing capital assets.
According to Michele Kambas and Matt Robinson of Reuters on-line, Cyprus’ “Parliament began debating the hit on deposits and unless it votes for it EU countries say they will withhold a bailout, plunging one of the smallest European states closer to financial oblivion.”
Hearing the news, “Russia's envoy to the EU, Vladimir Chizov, likened the levy to a ‘forceful expropriation’ that could wreck Cyprus's financial system. When the banks open, people will rush to withdraw their deposits - that's another threat - and then the whole banking system can collapse."
Now, since this sounds pretty similar to what’s happening in California to me, I can’t understand why Dem’s keep doing the same thing over and over again and never learn from their errors.
Because although I can surely see that their intentions are to bleed whoever has a quarter, take twenty thee cents for themselves and then redistribute the remaining two cents to the indigent, why do they keep trying to bite off the hands that feed them? To me it would seem far wiser to try to find a sensible middle economic ground whereas left alone to grow the productive types would have more to give them and be far more willing to do that.
But then again, if these politicos had any brains they’d be out working productively themselves instead of stealing nickels and dimes from the public and behaving like the low-rent hookers they are.
At the same time, while socialists scramble to find cash to steal from those who earned it, I found an article by Penny Starr of CNSNews.com who writes that “The Department of the Interior’s Fish and Wildlife Service has awarded $3.8 million in 2011 and 2012 for a “African Elephant Conservation” grant that, in part, aims to “decrease human-elephant conflict.”
The grant award for 2013 is estimated at $1.5 million to continue efforts to protect African elephants and their habitat, according to federalgrantswire.com.
The funds will go to “any African government agency responsible for African elephant conservation and protection and any other organization or individual with demonstrated experience in African elephant conservation,” the grant description states.
The description also notes that no documentation or credentials are required to apply for the grant.”
So, I guess when the nation’s in debt up to its eyeballs and the incumbent whines and moans about budget cuts he doesn’t think should be enacted, it’s good to find out how wisely the government spends what it takes in now.
And I’m pretty sure that those on food stamps because they can't find jobs, nor afford fuel for their cars, are really thrilled to know that African elephants have $3.8 million of taxpayer’s funds being spent to ensure they get along with the two or three humans they meet once in a while on their protected veldt.
That’s it for today folks.
Adios
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