Sunday, July 17, 2016

BloggeRhythms

Several items today, dealing with different subjects, have a commonality. They all illustrate that logic always outweighs misguided theorizing, unfounded political rhetoric and unbridled pandering to uneducated or easily swayable party constituents.  

To begin, in one of her first major decisions new British Prime Minister, Theresa May, sounding much like Margaret Thatcher, on Thursday closed the U.K. Department of Energy and Climate Change. 

According to the the BBC, the department will be folded into the Department of Business, Energy and Industrial Strategy. Which means that, although the subject will still be studied and serious issues will continue to be considered, the huge negative affect of the still unproven theorizing can no longer strangle Britain’s economic growth as it has for the past couple of decades.      

And then, in an article written perhaps too soon after a major tragedy, the author still makes an undeniably valid point. 

Yesterday Chad Pergram @FoxNews.com, headlined his piece: “Democrats still fixed on more gun laws but cannot escape changing reality that terror now includes panel trucks “ 

Mr. Pergram goes on: “From now on, crowds will think of the Renault when they attend the political conventions in Cleveland and Philadelphia. They’ll remember the white truck when they attend a ballgame, an outdoor festival or anywhere a vehicle like that could plow through a throng. 

“In today’s terror world, it doesn’t so much matter who’s driving the truck. It’s just that trucks -- like airplanes -- morphed into malignant objects.”

Thus, Mr. Pergram underlines a reality that, for some strange reason, Democrats don’t seem to be able to comprehend. Because, when it comes to terrorism, or many other types of violence, the weapons employed aren’t the problem and never were. What needs curtailing are the perpetrators themselves, not the mode chosen to enact their deeds.   

And then, along similar lines of the damage caused by politicizing formerly free aspects of the nation’s functionality, Nick Timiraos @wsj.com, writes about: “The White House cut its forecasts for economic growth and interest rates.”

New estimates were published Friday in the White House budget office’s “Mid-Session Review,” which updates the economic and fiscal projections made in the president’s February budget presentation to Congress.

“The White House now forecasts that gross domestic product will rise 1.9% this year and 2.5% in 2017, down from estimates of 2.6% for both years in its February forecast. It reduced long-run growth forecasts, for years after 2018, to 2.2% from 2.3%.” 

The results show the continuing drain resulting from the anti-business, anti-growth philosophy of the administration from its inception, as follows:. 

“Gross domestic product grew at a seasonally adjusted annual rate of 1.1% in the first quarter, the weakest pace in a year, due largely a slowdown in business investment.  The deficit is expected to rise to 3.3% of GDP this year, from 2.5% last year, a projection that was unchanged in Friday’s report. The increase largely reflects policy changes resulting from last fall’s bipartisan budget and tax agreements.” 

And finally, another example arose of Democrats obvious inability to understand how capitalism works, along with a failure to grasp the concept that rising economic tides raise all boats. Because, hidden in the weeds of the report is the fact that: “The White House said that tax receipts so far this year are $59 billion below its February forecast, a decline of 1.8%, due primarily to technical revisions. It said spending would be around 1.9% lower than estimated earlier this year.” 

So, while calling the shortfall “technical revisions’” the situation remains the same. Due to their own societal posture, another $59 billion is now not available to support whatever issues they themselves would have applied them to. And if that kind of economically suicidal logic isn’t totally moronic, it’s doubtful one could describe what is. 

Which brings us to today’s update on Bill Clinton’s wife. 

In terms of language strata there is hypocrisy, gross hypocrisy and then a category all its own, which would apply specifically to the Clinton's. 

In that regard, Fredreka Schouten @usatoday.com, writes today, “Democrat Hillary Clinton will call for a constitutional amendment to overturn the Supreme Court’s Citizens United decision in her first 30 days as president, her campaign said.

“Clinton first made the pledge to overturn the decision in 2015 during the opening week of her presidential campaign. The 2010 high court ruling, which allowed unlimited corporate and union spending in elections, has helped release a flood of political money in federal, state and local contests.

“In a statement, campaign officials called overturning the controversial decision a key part of Clinton’s plan to “challenge the stranglehold that wealthy interests have over our political system.” 

So, here we have a political candidate that’s been extorting money to the extent that a “Foundation” had to be organized to handle the proceeds received from any and all desiring favoritism. 

And then there were the speeches, meeting attendances and books published, as avenues to more proceeds from presidential favoritism in the past and promises of future delivery, after the next election’s won.   

Yet, in spite of all that’s been skimmed for personal and political purposes from “wealthy interests” throughout her career, Bill’s wife now wants to ensure that no future candidate can follow her, and her family’s example. Which, naturally, would be enacted after her election, and not before.

The only question remaining, then, is to wonder who on the planet would read about this colossal double standard and be dumb enough to think for an iota of a second that any Clinton cares a whit about what “wealthy interests” care to strangle, or truly wish to stop them. 

Bringing up the ongoing question again: Joe Biden, Jerry Brown, and Starbucks chairman and CEO, Howard Schultz; are  you guys reading this?   

That’s it for today folks.       

Adios

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