Tag Archives: Nancy Pelosi

Biden, Economics, Elections, Governance, Politics 2021, Responsibility, Taxation

Biden’s Billingsgate

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Who was that masked man? Why, he’s grown stranger…

President Biden is proposing to exceed the THIRTY TRILLION dollar debt level.  What he suggests is not only partisan and disingenuous, but includes multiple effects that restrict and undercut capitalism.  If he ever understood the relationship between debt, productive surplus and growth, he has forgotten it… along with Constitutional provisions and any semblance of American exceptionalism: down the memory hole.

Under his and other socialists’ direction, American will be exceptional again:  among all industrialized nations we will lead the world in our concerted, legislated efforts to destroy our hard-won success and relinquish our sovereignty.  Biden wants to “go big” – biggest fool, perhaps.

The only system that can both destroy debt and increase freedom, is free-enterprise capitalism.  That is, NOT monopoly capitalism OR globalism, both of which concentrate money and power OUT of the hands of free citizens and OUT of the hands of their elected representatives – although not out of their pockets in many cases.  Those must be stopped before it’s too late.  Some serious trust-busting is essential to restoring America.

Practically, a clear course-correction would be to limit the level of corporate net-worths or levels of gross revenues that may donate ANY money to candidates or PAC’s – ANY money.  Perhaps companies with $50 millions in assets or $25 millions in revenue or LESS, may donate, not larger.  Also, companies that have government or military contracts may not donate.  Then trust-busting could proceed.

Already we’ve experienced reduction in job and business growth – returning to pre-Covid levels – because excessive, socialist, “rescue” or “stimulous” payments are keeping people from returning to work!  Work… where guided labor produces things, including taxes.  We know where idiots… umm, ignore that… “progressives” think economic growth comes from: unemployment checks.  Nancy Pelosi said so.  Only as employment increases will freedom, independence and tax revenues increase.

People earning their own livings strengthen both responsibility and financial freedom.  Having more taxpayers increases political freedom.  2020 has shown that weakening election laws weakens political freedom, and it disenfranchises citizens from our most fundamental and hard-won civil rights.  Adding greater responsibility to the exercise of the franchise will clarify honesty in elections – a fundament of the American promise.

Back to what Biden has forgotten… if he ever knew it.  Debt is a superb tool for growth, but not for maintenance – period.

Imagine a factory producing, say, refrigerators.  Its lines are operating, workers are working and every unit that comes off the line is sold within days.  In fact, there is a shortage of refrigerators; people are forced to devise meals for their families without foods that need refrigeration.  People are denied good nutrition for lack of a high-enough rate of refrigerator production.  Even if the government passed a law requiring more refrigerators to be made, only so many can be.

To upgrade the factory and machinery to produce a third more – a 33% increase – will cost $100 Million.  Because the refrigerator company has made a profit over the past 15 years, of $30 Million after all expenses, cost of goods sold and payroll… and taxes, it is able to borrow, or gain a debt of $70 Million.  They’ll be able to make a productive surplus of not $3 million, but $4 million per year at 133% of current production, since all costs won’t increase proportionately.  Each refrigerator will cost a little less to produce with the new machinery and facility improvements.  The $70 Million loan, combined with investment out of increased operating profits, will be paid back with interest to the lender, in less than 20 years.

The earning of profits – creation of productive surplus – enables “Refrigerators, Inc.” to become more productive and efficient, able to modernize, hire trainees who can become highly paid refrigerator builders, and pay taxes to support our civic institutions and even donate money to charitable causes.  Productive surplus also enables the company to destroy debt – make it disappear – while increasing production, the only purpose of investment.  That’s it.  It’s NOT an investment to provide living expenses for people who do not work enough to support themselves or their families; it’s an emergency… it’s charity, not a way of life.

Meanwhile, everyone who wants a refrigerator can buy one – or, contrary to socialist dogma – go to work to earn enough to buy one.

Capitalism is the only process that can destroy debt or, in fact, make investments at all.  All other bills incurred by a society that is complex, are paid, or financed, by the productive surplus of profitable, capitalist enterprises.  All of government: schools, police fire departments, hospitals, military, public works… everything, is paid for from tax revenues that derive only from productive surplus in a profit-making economy.

The growing tragedy – growing weakness – is our habit of borrowing for current expenses from generations into the future, now to the tune of $28 Trillion.  About one-third of our annual federal “budget” is borrowed, not paid from current revenues.  This part of economics Joe Biden has not forgotten, even embraced: the lie of modern politics.

For a long time the U. S. borrowed real money… from banks, individuals and even other countries.  The Treasury sold bonds: saving bonds, Treasury notes (“Treasuries”) of different maturities and yields.  Investors used real money to “invest” in U. S. debt – one step removed from investing in future productive surplus, itself.  This was bad enough; we lived beyond our means but we could afford the interest on those debts, not so much affording repayment of the loan principals.

Unfortunately we have worn out our welcome among real investors.  Now we “borrow” from the Federal Reserve. 

(See: http://www.prudenceleadbetter.com/2020/09/27/knife-edge-election/)

The “FED” is a private bank consortium that can legally “lend” us money they do not have – $Trillions of it.  So, they lend us “air” and we pretend it’s money and pay interest on it.  Oddly, the Federal Reserve is also granted power to set interest rates, which for a long time have been near 1%, God bless their charitable hearts.  What will we do when they decide the rate should be 3%?  On $10 Trillion?  That’s $300 Billion in real money.  That’s a lot of Meals on Wheels.

Wait a minute… wait a minute.  Did I say, “$10 Trillion?”  I meant $30 Trillion, if we fulfill Biden’s plans.  Why, that would be $900 Billion… a YEAR… close to a $Trillion, itself – just interest!  That’s a lot of everything, including our own defense.  We literally cannot afford more multi-$Trillion spending plans; they are actually taxing plans. 

Many in government believe these “air-debts” never have to be paid back!  “We owe them to ourselves,” they think.  Ooookaaaay… aren’t the UFO people going to usher in a new era of no worries?  Oh, absolutely.  And, Joe Biden is going to unite the country, end racism and borrow us into prosperity.  And equity.

Governance, Immigration, Politics 2018, Race, Representation

Mid-Term Elections and the Anti-Thesis

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The “elections” of 2018, slowly completing as Thanksgiving approaches, are a foggy mirror held up to a nation and an electorate that cannot see clearly what America is, nor what America’s future should be. Here and there a partisan inadvertently rubs a spot clear and the real purposes of his or her struggle are revealed.

One such is Alexandria Ocasio-Cortez. Although somewhat loose with veracity, she is probably no more dishonest than the majority of congress-people, or politicians of any sort. Probably – at least according to accepted norms of mendacity and political advancement, today. On the other hand, as her proudly cleared spot on the foggy glass reveals, she is deeply socialist, possessed of a twisted Elizabeth-Warren-like view of free enterprise and private property… not to mention of the role of a Constitutional Republican government. So, aside from the inherent untruths of socialism, Ms. Ocasio-Cortez is every bit as honest as the majority of congress-people or politicians of any sort.

Mrs. Warren, on the other hand, is more dishonest than the average political miscreant. She believes some of the same nonsense as more pure socialists do, but she hasn’t the rough courage of Ocasio-Cortez, for example, to oppose those who don’t and who do great damage to our nation by playing footsie with rotted monopolists for whom free-enterprise is merely a slogan. Ocasio-Cortez has a loosely-grasped mission greater than her self-aggrandizement, a prospect that’s foreign to Elizabeth Warren.

Then there’s Senator Bob Menendez of New Jersey, a serial philanderer who purports to represent the interests of his state. Unlike simpler thieves who simply sell their votes for personal enrichment but who may be trusted in most human relationships, like in their families, Menendez besmirches every human quality. One suspects that Ocasio-Cortez has no use for people like Menendez, and, possibly, little use for Warren, either. Warren, on the other hand, hasn’t and won’t criticize Menendez because he may be helpful, someday – to Warren, not to America.

Maxine Waters is a special case, not just because she is African American, which makes telling the truth about her… “racist,” but because her abuse of the concept of hypocrisy is so blatant as to be egregious. Her voting base, almost 50% Hispanic and 25% African-American, doesn’t seem to mind her multi-millionaire status and inability to find a nice enough residence within her District. She “fights” for them and plays “California Hold-em” with all race cards.

Waters’ second husband, former NFL player, Sid Williams, had $350,000 worth of stock in a supposedly minority-sensitive bank called OneUnited. With a history of sketchy deals under the leadership of an equally sketchy president with a blemished record, let’s say, OneUnited was going to fail, destroying what was left of Sid Williams’ stock value, already cut in half when the 2008 banking crisis blind-sided the Bush administration. Waters, through Treasury secretary Henry Paulson, arranged a meeting with top Treasury officials that she later claimed was to support all minority community banks. OneUnited Bank, however, was the only bank at the meeting. Ultimately, OneUnited received $12 Million in TARP funds, which is to say, the taxpayers bailed out OneUnited and Sid Williams. Waters’ grandson, her “chief of staff” at the time, was reprimanded for engineering the meeting specifically for OneUnited’s benefit. Waters knew nothing about that.

Once described as the most corrupt congress-person, Waters is now a darling of the left for her constant condemnation of President Trump. Unlike Republicans, who quickly encourage exposed unethical or corrupt office-holders to resign, Democrats rally around the worst of their lot and fight to keep them in office.

An argument could be made about the candidacy of Judge Roy Moore of Alabama, but as more and more was revealed or, at least charged, Republicans withdrew support. The more that is known about Bob Menendez, Bill or Hillary Clinton, the harder the left fights to defend them. Just saying.

All in all, the Democrats gained 38 seats in the House, apparently restoring 78-year old Nancy Pelosi to the Speakership. She’ll be 3rd in line to become president if something incapacitates both Trump and Pence. Barely able to string together 2 sentences in a row, the Grand Nancy raised large amounts of cash for house candidates across the country. She and her flock of new majoritarians will run the House and its committees from a solid base of hatred: hatred for Trump, hatred for the exposure of the deep State, hatred for any reduction in regulations, hatred for conservatives, conservative judges and for the reality of Ruth Bader Ginsburg’s terminal frailty. Of course, if they can hobble or impeach the president sufficiently, they may sidestep the consequences of that last concern – medical science has produced so many miracles.

For this crew of hate-filled heroes there has never been a more hopeful era in factional governance than the current one of virtually permanent, extra-Constitutional and free-wheeling “special counsel (prosecutor)-ism.” According to one of the foulest White House denizens in Prudence’ lifetime, Rahm Emmanuel, politicians should “…never let a good crisis go to waste.” If the reader will take note, nowadays EVERYTHING is a crisis. It’s why we are teetering on national bankruptcy, beholden to a cabal of international banks.

The greatest crisis of all is the lack of a socialist majority, but that is being addressed by importing large fractions of Central America, creating what is arguably an actual crisis, but, as you take note, it is the one crisis that is not a crisis at all – for us, anyway – except that it is a “humanitarian crisis” that only the rainbow-flagged warriors of the United States can “solve.” It’s how they’ll vote, you see.

Underlying everything on the left is hatred for White America, Whites in general, White Donald Trump, White explorers from Europe 500 years ago, White business owners, White baseball players and White Tom Brady. White ideas of a meritocracy, derived clearly from the Old and New Testaments and Judeo-Christian philosophy, is also hated. In obeisance to “Social Justice” socialism, there must be sufficient numbers of non-whites running, essentially, everything or else whatever enterprise it may be is cast as part of “White Oppression.”

The Bible was written, fundamentally, by non-Whites, with its strongest traditions maintained in Africa. None of that matters, of course, because Santa Claus is portrayed as, OMG, WHITE.
To be honest about history, which is to say, be honest about everything, whites are no more guilty of injustice than any other “race” of people. Part of Whites’ problem is that much more of “their” history is documented and, since the fulfillment of Christianity, White’s have celebrated all the ways they might be sinners. Then they invented printing and spread their history across the “white” civilized world. Along the way White’s invented democracy, banking, economics and various kinds of engines that multiplied production of food and other things.
Slowly, imperfectly, “White” civilization developed the philosophies, sanctions and shaming that molded a more honest social structure. Written laws that bound both governors and governed, concepts of personal responsibility and of the freedoms to be so were finally distilled into the Constitution of the United States, the essence of the lessons of the New Testament. “As ye sow so shall ye reap.”

Immediately, the threat to tyranny that was born in the Constitution garnered enemies… enemies roughly aligned with and derived from the original sin of dialectic rationalization, so neatly allegorized in the story of the serpent.

God, having provided everything “Adam and Eve” needed for life and comfort, had admonished them to not eat of the “Tree of Knowledge of Good and Evil” that for some reason He had planted in the midst of the Garden of Eden. That knowledge was the province only of God and His warning was that should they eat of it they would surely die.

The serpent, however, for some never-stated value to himself, told Eve that “Ye shall not surely die.” Thesis (word of God): “Lest thou die.” Antithesis (anti-word of God): “… not surely die.” Thesis – Antithesis – the tool of Hegelian dialectic materialism. Adam and Eve were not killed on the spot, they were banished from the “Garden:” God’s benevolence and Eternal Life. Thereafter they would toil mightily for the needs of life, suffer in childbirth, and be forced to choose between good and evil… a new “Thesis.” Soon there were tests of that thesis, choices to be made for short-term, Earthly gains, in exchange for allowing some “antithesis” to gain a foothold in defining evil as not all that evil. Then that thesis would be immediately challenged with a new antithesis, and on it goes. Abortion is not murder; murder is not always bad; marriage is neither sacred nor limited to a man and a woman; individuals are not responsible for the consequences of their decisions.

Now, it’s “racism.” And whiteness. Hatred, normally frowned upon as somehow sinful, is now a good thing in defense of non-whiteness and in opposition to individuality… in opposition to the Constitution; Socialism: the original anti-thesis and still champion. To the best of mankind’s ability, the American Constitution is the Thesis. Our new Congress, both houses, and the deep state in all of its permutations and polluted judgeships, comprise the anti-Thesis.

It is comforting to think that good and evil may be located under party banners; in fact they can, all of them, both of them. There are neither purity nor perfection. Sometimes evil appears to concentrate in one faction, identified with concentrations of socialism. Here we are.

The defense of freedom is unending; the requirement to dis-empower the anti-Thesis is paramount to that mission.

Politics 2016

The New, Pure Democrats

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DWS-cc-426x565DEMOCRATS
Gross defiance of truth, justice and the American way is contained in the communization of the Democrat Party. You “good” democrats out there, stop shaking your fingers at me. Your party has gone so far left you can’t effect a “pass” without driving up on the sidewalk. Your party is weird. Don’t believe me? Listen to anything Harry Reid says. Talk about a mental breakdown, he’s having one as I write. It would be bad enough if he were just a sick, twisted dope – lots of senators are – but he’s also a God-damned liar and a cheat. Shame on the Nevada Democrat party for supporting him and getting him re-elected in 2012. What a turd.

He stands for what constitutes Democrat politics these days, my good Democrat friend, and you have every right to be ashamed. If that dope ever does anything that is good for the U. S., it will be the first time, and an accident.

Reid is only slightly more dishonest than Nancy Pelosi. However, she is weird and, worse, has a claim on the “sisterhood.” You lady Democrats have nothing to be proud of with this dilly. She’ll do you all a favor by retiring or losing her next election. Praise the Lord.

It is sad to see the ignorance of such a large number of Americans, who can be shoveled a ton of crap about “entitlements” like food stamps, free phones and nationalized health care. It’s just watered-down communism and a large coalition is happy with it. If there has been a 50-year plan to dissociate Americans from our own history, heritage and economic wisdom, I suppose the socialist public education establishment can pat itself on the back for a great success.

Thank God for private schools, and even better, church schools. These are, of course, the most attacked and vilified of all alternatives to government monopoly schools. The only form of education that may be hated even more is home schooling. Those kids are more likely to grow up conservative and un-indoctrinated. Oh, the horror.

This mess will never be corrected from inside the education establishment. Even the best of teachers are slowly converted to defense of “their” profession without seeing that their profession is completely co-opted by forces of collectivism. It rode in on unionism and fairly crappy management of public school systems, but it’s a form of communism that is just as willing to sacrifice generations of children as Stalin was willing to starve out resistance to collectivizing farms in Crimea in the 1920’s and ‘30’s. For shame.

I think it’s safe to say that turning schools toward real education isn’t going to happen from top-down direction by politicians, either – a place where lots of conservatives place their hopes. It would be like punching marshmallow fluff: good ideas completely absorbed with no permanent effect. Worse, the puncher’s hands will be so grubby afterwards that the rest of his or her agenda will be compromised.
The only fix is competition, and not only from charter schools. There are millions of allies out there who are hoping and wishing for the same change conservatives and other grown-ups are dreaming of. Our first obligation is to teach our children well. Government schools are doing a poorer and poorer job of this key function and parents want control back.

Public (government monopoly) schools don’t even want parents to know what they are trying to teach! Nor do they want to teach American history, our Constitution or the Federalist Papers. Probably afraid that too many people grasping the concepts of freedom, limited government and sovereign citizenship, would screw up the socialist tyranny we are enjoying.

But Democrat obfuscation and dumbing-down extends to their own party, not just the public. Right now the “party” is trying to apologize to millions of Bernie Sanders supporters – and to Bernie, himself – for having cheated him and them of any possibility of winning the primary campaigns for the Democrat nomination. The depth of party cynicism has reached a new low.

Somehow, in the age of hacks and data breeches the DNC thought it could keep secret a total favoritism for Hillary Clinton, even as it emailed the plans and tricks back and forth thousands and thousands of times. Among them were ways to denigrate Sanders including, believe it or not, foul questions about his religious/Jewish status to be fed to media interviewers (which sycophants would have asked them, make no mistake.)

Meanwhile, Sanders is attracting millions of people to his (admittedly weird) proposals, and struggling to campaign on low budgets and minimal assistance from “his” party, to which, despite the “Socialist” label he proudly wears in the Senate, he has been completely loyal for decades.

The DNC, suddenly no longer led by double-dealing Debbie Wasserman-Schultz, has been exposed for its duplicity and is attempting to carry on in its Convention as if nothings has changed: Wasserman-Schultz is out and Vice-Chair, Donna Brazile is in. We are to believe that she had nothing whatsoever to do with the evil eMails, no, no, no.

The newly purified DNC can now cheerfully and confidently promote its most pure candidate, ever, who knew nothing at all about any damned eMails that brought ol’ Debbie down. Hillary loves Bernie, we all know, and with his support she will usher in a new political age of honest, transparent government, free of taint.
Prudence Leadbetter