Friday, October 14, 2011

BloggeRhythms 10/14/2011

When I asked my severest critic this morning her thoughts about my most recent entry, my wife replied that lately I've written as if I'm very angry. My immediate response was that, no, I'm not really angry, I'm just offering my opinions on what I see in the news.

But then I gave the matter some more thought, and have to agree with her since, as usual, she's correct. In fact, I'm not only angry, I'm frustrated too, because I'm tired of being treated as if I'm a fool by others who are either in power or have access to public forums, and use them to try to sell or persuade me that they have my best interests at heart when they're nothing more than self-serving slugs.

Starting at the top we have politicians who's only goal is to garner as much for themselves as they can from others, while telling you they're saving you from the evils of their rivals. And I find it curious that many of these devoted folks, if not most, such as those retired presidents who spent lifetimes in relatively low-paying public office, soon after leaving those posts wind up multi-millionaires. I think that even the simplest arithmetic proves that's a pretty big return from making speeches and selling books.

Then we have high-profile business-folks, such as Warren Buffett and Gary Immelt, telling us that paying more taxes is a good thing, and more of those who are successful should willingly want to chip in. Yet, oddly enough, both of these guys have an inside track to the administration and arrange sweetheart deals.

Beyond that, according to the New York Post, Buffett's Berkshire Hathaway, the eighth-largest public company in the world according to Forbes, openly admits to still owing taxes for years 2002 through 2004 and 2005 through 2009. And as far as Immelt's GE goes, also according to Forbes magazine, they pay no U.S. taxes at all and for 2010 are actually getting a $3.2 billion refund from the Treasury.

Then there are the protesters, who like aging fish and house guests, are getting a little bit hard to take anymore, who are now being joined not only by Dem politicians, but Hollywood types too. And what interests me most is that the Hollywoodites, and some guy who owned a huge debit-card business, agree that Wall Street and the banks are crooks. They claim that the folks controlling all that money do nothing more than lie, cheat and steal and should give all of it back to the "people."

However, I saw a list of the highest profile folks from the land of the fruits and the nuts, like Alec Baldwin, Michael Moore, Susan Sarandon and so on, which also listed their approximate net worths. And, not surprisingly, most of them are as financially well off as many of those folks they hate right up the block in Wall Street towers. So, since this is still America, they're free to join Buffet and Immelt and give away as much of their wealth as they want. Which leads me to ask: Why do I always hear them talk about why everybody with bucks should give it back, but all they themselves do is yap and yap and never throw in a quarter of their own?

So, going back to the beginning, I guess my wife's correct. I am ticked off and after typing all the preceding, when I read it back, I should be. Because people are absolutely free to say and do whatever they choose within the law. So I have no argument with the premise. But when folks who are nothing more than phonies, self-serving parasites, or outright thieves expect me to buy their BS, they insult my intelligence and that makes me angry. And especially so when the stuff they try to get me to swallow is so full of holes, only Liberal voters would believe it.

That's it for today folks.

Adios

Thursday, October 13, 2011

BloggeRhythms 10/13/2011

The Senate voted on the president's new jobs bill yesterday, and as expected by just about anyone familiar with the submission at all...the bill was defeated. The indications now are that the bill will be segmented into pieces, each to be introduced separately, because it's known that there are several, perhaps quite a few, parts of the bill that both parties agree on.

But, leaving the particulars aside for the moment, and looking at only the process, it's quite obvious that for both sides this whole scenario was simply a political game. Because both sides clearly knew long ago that the bill could never pass in the Senate, even though the vote was close. But even if it did get through, it would certainly be voted down in the House.

So, my question for today is: Why is the behavior of both political parties in Congress tolerated by the public? Because while there are approximately 16 to 17% of the American workforce either un or under-employed, these politicos are playing games designed to keep them in office by using those who are out of work, and can't support themselves at all, as foils.

And to prove the point, you don't have to know much about business or have a degree in economics because the facts have been discussed in the news every day for more than three years. It's already been shown that stimulus doesn't work, and the last time around it cost taxpayers $666 billion to prove it.

So why introduce a new jobs bill not only based on additional stimulus spending, but also including new taxes, albeit only on the rich? The answer is, it was never intended for the bill to pass at all...the strategy was that after the legislation was voted down, the president could then say it was politically motivated Republicans that are standing in the way of job creation.

But, on the other hand it's also known that there are many things the president can do if he really wants to create employment opportunity in the U.S. instead of diddling around with sham legislation.

Simply permitting the drilling for oil here would add billions in new business. Repealing Dodd-Frank legislation would add billions more. Shutting down Freddie Mac and Fannie Mae would provide significant help to the under-water mortgage situation. Pulling back, or greatly restricting, the EPA and NLRB would alone be incentive for business investment. Additionally, billions more would return to our country if offshore funds could be brought back without onerous costs and taxes. If these few items, along with eliminating the horrendous mis-use of billions more of taxpayers funds on frauds like Solyndra, would pretty quickly put our economy right back where it belongs...the best in the world.

But no, that's not what politicos do. Instead of dealing honestly and effectively with the needs of the nation and it's inhabitants, they pander to cronies, special interest groups and constituencies that keep them in office, regardless of how many citizens they harm financially or otherwise in the process. So the folks who suffer are simply pawns in a game who have no more importance than wooden pieces on a board.

Nonetheless, this time around I think politicos of every stripe may have played too hard, especially those in the White House, because there isn't a friend or foe they haven't harmed one way or another. The damage to all has been horrendous. And that's why I think that quite soon, be it for better or worse...there's definitely going to be a new game in town and a whole new array of players.

That's it for today folks.

Adios

Wednesday, October 12, 2011

BloggeRhythms 10/12/2011

The longer the protesters stay around, the more I grasp about the whole issue. And, frankly, when Dem's started coming out of the woodwork to support them, even though I couldn't figure out a specific reason for them doing so, it did make some sense to me. Because Dem pol's have always come down on the wrong side of economic issues and have never understood how finance, or any other business function, works. To them, businesses are simply entities you fleece til you bleed them dry of funds and move on.

Consequently, the protesters fit the Dem mold perfectly. Because these are a corps of losers totally unable to help themselves. As I've stated before, that's probably because they likely attended public schools and are likely unable to perform most basic functions such as reading, writing, or spelling. But, up until now they've been alone in their self-made plight and wasted their time by themselves, waiting around for their next welfare or unemployment checks.

And here's where the political fit comes in. Most Dem's are anti-business, anti-work and anti-economic growth. They do their damnedest in every way to insure that roadblocks and hurdles block the path of anyone engaged in commerce, by pushing for crippling laws, fines, and penalties that prohibit or retard success. However, in the event that some folks are smart and competent enough to beat that system, they then step in and try to rip off as much of the profits as they can for themselves.

So, in that way the protesters and Dem politicians are exactly the same. Individually they haven't the smarts, the abilities, or the drive to accomplish anything economically at all, and don't really understand how businesses function.

But put them together and all of a sudden they've got some strength from their sheer numbers, because in this world there are far, far more losers than winners. And that's why there are whole parades of parasites all over the country today demanding their share of other's success. And since there aren't any bigger financial blood-suckers in the universe today than a Democrat pol, put them together with the protesters and you've got a perfect match.

That's it for today folks.

Adios

Tuesday, October 11, 2011

BloggeRhythms 10/11/2011

I've written many entries about how far our public schools have sunk, and that attending them today is practically worthless. I've also placed a lot of the blame on tenure and the unions, which basically lower the teaching bar, because the ineffective, and in too many cases the simply unqualified, are protected from termination. And that repeating cycle continually waters down teaching quality overall.

The reason I mention this today is, I got a dose of confirmation about how dumbed-down today's younger folks are by watching newsclips of the protesters in downtown Manhattan. And all you really have to do to understand how little these people know, is to listen to their complaints, or better yet, read the signs they carry.

Much of their programmed rhetoric concerns "corporate greed" and how big businesses are harming folks by their actions. And you very quickly learn that these protesters seem to believe that "corporations" are some kind of machines with no hearts or brains that run by themselves and roll over every obstacle in their way. Therefore, a major goal of the protesters is to do corporations in.

But what these anti-corporate, or anti-business types, don't seem to understand is what a "corporation" really is. Because, in fact, they're nothing more than a type of business structure under the law, and in fact, other than their legal status on paper...don't even exist. What's more, corporations come in all shapes and sizes and are organized in many different ways, but what should be most interesting to the protesters, if they had any knowledge at all, would be that the largest one's management's are overseen by Boards of Directors. And in most cases, directors come from outside the particular entity and are there to ensure that the business plays by the rules and to protect the rights and investments of the real corporate owners -the stockholders. And that's because most large corporations are owned by those who have bought and own their stock.

So, when you boil it all down, the way the financial world works today with corporate stock owned by so many people, institutions, trusts and entities like mutual funds, if these protesters have any kind of investment at all, like pension futures or group retirement plans they're likely unknowingly invested in these "greedy corporations" themselves and therefore are clamoring for the destruction of their own financial future. And in my book, that makes them all dunces.

But, I have an idea for them. Since there are so many of them with nothing to do but march in the sun, they ought to sit down and come up with an idea for a product or service. Then then could incorporate, develop and build whatever they've devised, market it and sell it. And then when they're successful, they could take their business public. But then, instead of doing what all good managements have tried to do in the past, keep growing the business and trying to maximize profits for their investors...they could give their hard-earned profits away to whomever they choose. And then they'd be right back where they started -broke, dumb, dis-spirited, and angry at the world for their plight.

That's it for today folks.

Adios

Monday, October 10, 2011

BloggeRhythms 10/10/2011

Scanning the news this morning, there are all kinds of TV shots and stories about the anti-everything marches, sit-ins and sleep-ins that began in New York and are now erupting in several other cities. And while most of the folks who've shown up don't really have an issue, but have nothing better to do than follow the crowd, the unions have taken the opportunity to join in.

Many of the unions have sent their own members because, as I've mentioned before, few of them are really needed by the businesses forced to hire them so they aren't missed on the job, and others are paid gang-bangers union leaders have used for years to threaten, muscle and scare those who try to get in their way. But regardless of who the union marchers are, they're playing the same old tune we've all heard for years; that no matter how much they rip employers off for now, they're demanding more.

Now, while all this union marching's going on, I came across an article on Fox on the Web by Claudia Cowan titled: San Francisco-Oakland Bay Bridge Controversially Made in China which talks about how and why the decision was made to use foreign suppliers to build the structure.

According to California Department of Transportation spokesman Bart Ney,"China was immensely helpful to getting this project built. They were able to turn the steel around and work directly with our own inspectors to make sure we met the specifications of what this bridge required."

Several thousand Chinese workers spent five years fabricating the steel used to construct the roadbeds, cable strands, and landmark tower for the single anchor suspension bridge set to open in 2013. Huge deck segments were shipped overseas from Shanghai, because "We're trying to get this bridge completed by 2013. These segments that are larger steel boxes were fabricated in Shanghai because they had the ability to produce them and get them out here on site," says Ney.

Now, naturally, local politicians and business leaders are going bazookas because the project, a public work no less, was farmed out to foreign suppliers. Not only that, they say, the trickle-down effect was lost too. Because according to Roger Ferch with the National Steel Bridge Alliance, "I saw one estimate of the fabrication man hours, the labor to construct this bridge in the fabrication shop of more than a million man hours. That's a million man hours of work that should have been done in the US." And not only that: "Each job has a multiplier effect because not only do you lose the fabrication jobs, you lose those people paying taxes, those people buying groceries, those people buying clothing, and the list goes on."

So, all in all it sounds like giving this job to foreign providers is a truly horrible thing, except for some comments made by California transportation officials who argue they saved $400 million by turning to China, in large part because they didn't have to pay American union wages and benefits. And with the clock ticking, they say more was at stake than money because China, which has dominated bridge building for years, has helped produce a "structural marvel" that will be immediately usable after a major earthquake.

I mention all this only because, if you listen to unionistas they're always crying about how workers are abused and how unfair the system is against them. But, as a practical matter, if you look beyond all their noise and at their actual production versus costs you find that not only do they rip off anyone who employs them cost-wise, they also do lousy work.

That's it for today folks.

Adios

Sunday, October 9, 2011

BloggeRhythms 10/9/2011

If nothing else, it seems to me the current administration has a disconnect with significant numbers of the American population. Because program after program and plan after plan, seem to be turning many more folks off than they turn on. So, I have no clue where they get their input from, but if I were them, I'd tear up my whole game plan and start over again.

In that regard, I saw a blurb that says they sent a fund-raising email to New York City residents that reads, "Here's something you don't have in common with 15,049 other supporters of this movement who tell us they live in New York, NY. These donors "had their own personal reason for giving," and reiterated that "our records show that you aren't one of the 15,049 people where you're from who have stepped up for 2012."

Now, I was born and raised in that town, and realize that over the years the population's changed a lot. But, nonetheless, some things have remained pretty much the same. And if there's one thing experienced NYC dwellers understand, it's to avoid contact with just about everyone they don't really know. Because more people live in most buildings than populate entire hick towns. And that means that someone on your very apartment floor could be an axe murderer, con artist or thief, deranged sociopath or worse...fund raiser for some kind of campaign, cause or other kind of contribution seeker. Which all means, avoid them at just about all costs.

I myself was born in the city, and lived in an apartment house for twenty-three years in one of the best neighborhoods in Manhattan. And during that time didn't know the names of 99% of the people who lived in my building, and certainly not a soul residing anywhere else on my block. However, I surely knew plenty of neighboring kids, because we played together out in the street. But, when the end of the day came, they all went home, to where I couldn't tell you, because I didn't know except for one or two.

And that's why I wonder why the administration's fund raisers think that any New Yorker would care a whit about what some other folks did, simply because they lived in the same neighborhood. Yet, as far as personal residency's go, there's one I'm sure most folks living everywhere would like to see vacant ASAP: 1600 Pennsylvania Avenue NW, Washington, DC.

That's it for today folks.

Adios

Saturday, October 8, 2011

BloggeRhythms 10/8/2011

I don't want to get ahead of myself, but maybe the administration's wheels are starting to come off. I say that because yesterday I saw a lady CBS reporter, whose name I didn't get, say that when she called the White House to get some background information on the Attorney General's story denying he knew about the gun running plan, Operation Fast and Furious, more than a year ago May, they supposedly pressured quite hard to get her to drop the story.

The reason I mention it is, that up to now, situations like Solyndra's frittering away half a billion of taxpayer's funds on their worthless products has rarely been reported anywhere else but Fox. But now, if the mainstream media's really been stonewalled, there's a chance they might get upset enough to stop covering up for the incumbent and start reporting the truth all the way around.

But while a major media turnaround would be helpful to Republican hopefuls in the upcoming presidential campaign, I think that when the Attorney General is forced to resign, which is likely, and top White House folks start doing perp-walks alongside the Solyndra incompetents, those events will do plenty of damage to the administration by themselves. And all of this stuff ought to be pretty interesting, not to mention amusing, to watch.

And in the meantime, the losers are still picketing in downtown Manhattan and making lot's of noise which is attracting top Democrats to support them. Which goes to underline the point that when it comes to finance, business or jobs, leftists are absolutely clueless, and always have been.

Because if these folks really want jobs created, which I sincerely doubt, they'd understand that hiring stems from business investment, access to capital, innovation, success and most of all, profits. And who does the investing? Folks who have funds of their own or access to someone else's. And that's where Wall Street and the banks come in.

So, just like they want to tax anything successful until there's nothing left to take, Democrats now want to shut down the pump that provides the stream of cash businesses need to thrive on. Which leads me to see crystal clearly why these folks went into Dem politics to begin with. Because obviously, they haven't the ability to do anything at all that requires brains, talent or thought. And since this bunch is truly dumber than stones, politics is a perfect occupation.

That's it for today folks.

Adios