POLITICAL: what is more difficult than getting elected president

Monday, February 25, 2008

OBAMA’S REAL EXPERIENCE: HIS CANDIDACY
By DICK MORRIS & EILEEN MCGANN
Published on DickMorris.com on February 25, 2008.

*** begin quote ***

The best evidence of Obama’s readiness to lead the nation is th e ability with which he has run for president. After all, what is more difficult, complicated, or challenging than getting elected president? What other life experience better illustrates one’s qualification to hold the office than a manifest skill in seeking it. For anyone who has ever been elected president, the race that sent them to the White House was the single most important event in their lives and dwarfs any other experience they might have had before running.

*** end quote ***

Well, Dick, I would respectfully disagree. As currently configured, the President is a much tougher job than the Founding Fathers’ intended and is arguably an impossible job!

What is more difficult than “getting elected”?

I believe running a F500 company in the current times is harder than getting elected. Being President is much like being CEO of a global enterprise. Except the President doesn’t have external market signals to guide to.

As original intended being President was easier. MYOB. Don’t spend a lot on the Navy. And, keep foreign people from killing Americans.

I think that Obama and Clinton are both uniquely UNQUALLIFIED to be President. What has either accomplished?

Don’t think I like the guy who slipped away from the Keating 5 conviction any better, He’s demonstrable wrong on McCain Feingold and a bunch of other things.

So, we again have very poor candidates to choose from. Maybe we should just stay home. It doesn’t seem like anything ever changes.

Sigh!

# # # # #

Understanding

Leave a Comment » | Political | Permalink
Posted by reinkefj

POLITICAL: Representatives DON’T do much more than hustle

Monday, February 25, 2008

http://www.lewrockwell.com/bovard/bovard54.html

*** begin quote ***

Even when representative government works tolerably well, it is difficult to inspire the representatives to do much more than hustle for their own reelection.

*** end quote ***

We have entirely too many levels.

We should just vote locally and let it cascade upward. We would then have a local “hostage” to torture about all the abuses above that level. Cut out all the nonsense.

So for example, each house or apartment would hold and election for a “representative”. That rep would vote for all the folks they had. All the house reps on a street would vote for a street rep. Street rep rolls up to hods. Hoods to towns. Towns to county. Counties to state. State to National. Real simple.

Bet we’d see real change then.

At the very least there’d be less high paying political jobs. And pensions? What pensions.

# # # # #

Leave a Comment » | Political | Permalink
Posted by reinkefj

MONEY: gooferment regulators and the entities they regulate — an incestuous liaison and very dangerous

Monday, February 25, 2008

http://www.lewrockwell.com/orig8/whitney8.html

It’s Time to Dump the Federal Reserve
by Mike Whitney

***Begin Quote***

“Facts do not cease to exist because they are ignored.”
~ Aldous Huxley

The credit storm which began in July when two Bear Stearns hedge funds were forced to liquidate, has continued to intensify and roil the markets. Last week the noose tightened around auction-rate securities, a little-known part of the market that requires short-term funding to set rates for long-term municipal bonds. The $330 billion ARS market has dried up overnight pushing up rates as high as 20% on some bonds – a new benchmark for short-term debt. Auction-rate securities are now headed for extinction just like the other previously-vital parts of the structured finance paradigm. The $2 trillion market for collateralized debt obligations (CDOs), the multi-trillion-dollar mortgage-backed securities market (MBSs) and the $1.3 asset-backed commercial paper (ABCP) market have all shut down, draining a small ocean of capital from the financial system and pushing many of the banks and hedge funds closer to default.

***End Quote***

This is the poster child for a disastrous gooferment program. Created in secret in 1913, it’s just flat out unconstitutional. Andrew Jackson must be saying “I told you so!”.

Constitutionally, there is nothing that permits the Congress to create a banking cartel and turn over the nation’s money to it. If it ain’t gold or silver, it ain’t money. And, no amount of “legal tender” laws can make it so. See Huxley quote above. The Dead Old White Guys made a mistake. The SHOULD have not mentioned money in the Constitution and left it to the marketplace to figure it out. But then, they thought the Tenth Amendment would cover any omissions. Silly Dead Old White Guys!

Strategically, the FED is supposed to regulate the banking industry. We’ve seen how well that works. The Germans had National Socialism; The Russians has Communism; America has Corporatism. The gooferment regulators and the entities they regulate are in an incestuous corrupt relationship. We should end this by ending regulation. The invisible hand of the marketplace is a far more honest regulator than any gooferment agency.

Tactically, the Fed has mismanaged and misregulated the whole mess. If for no other reason alone, it should be terminated with extreme prejudice.

# # # # #

Leave a Comment » | MONEY | Permalink
Posted by reinkefj

GUNS: The world is a dangerous place

Monday, February 25, 2008

http://www.impactlab.com/2008/02/24/how-not-to-release-a-bear

February 24th, 2008 at 6:46 am
How Not To Release A Bear
in: Photo Perspectives

Some day, silly humans will realize that the world is a dangerous place. For this bureaucrat to be with a bear’s reach during release is the height of stupidity. Luckily the fellow wasn’t killed. Note he had no side arm (i.e., a nice 1911 45 “bear discouragement device”) and no backup (i.e., someone with a big shotgun). I just shake my head.

“Attention KMart shoppers! The world is a dangerous place. Predators, of the two legged and four legged varieties, abound.”

I’d add some of those predators dress up as politicians, bureaucrats, and “law enforcement”. But no one would be listening any way.

Argh!

# # # # #

Leave a Comment » | LIBERTY | Permalink
Posted by reinkefj