Trayvon Martin Shooting

You now have the third “news” agency coming forth and admitting that their reporting of the Trayvon Martin shooting was incorrect. You already had NBC News admit to doctoring the 911 tape of Zimmerman. I know my opinion of Zimmerman being guilty of murder changed once I heard the whole 911 call rather than the doctored one. Is he guilty of murder or was the homicide self-defense? I don’t know. We’ll need the facts to come out before we judge.

Why would a “news” agency do it? To help their horrible ratings? If that’s the reason, then they should be investigated for inciting racial violence. Since the airing of the doctored recording, there have been several instances of retaliation by blacks against whites with the latest being an elderly white man supposed beaten by two black youths. These victims should sue NBC News for their deliberate and dispicable act which directly led to their being harmed.

 

The Real Travesty of the Martin Shooting

We have another black youth dead as a result of violence. Was the homicide a murder or self-defense? We don’t know yet.

What we do know is that the New Black Panther Party, the Reverends Jackson and Sharpton have made large statements that this was murder. They concluded this based upon apparently falsely edited tapes and other misrepresentations by national news agencies. But, their main reason for making so much noise in this case is to push the race angle. The shooter, Zimmerman, is a hispanic or as some have referred to him as a white hispanic.

The facts about black youth deaths is that a black youth is substantially more likely to be killed by another black than by a white. As a matter of fact, a white person is more likely to get killed by a black person than vice versa. But, that doesn’t fit the narrative established by the race industry and the national news agencies.

The real travesty is that the only reason the Martin shooting is making it to the national news services is because of the race of Zimmerman. If Zimmerman was black, we would never about this case. That fact alone says a lot about us as a culture today, and what it says is not good.

Race is irrelevant to this case. We have another teenager killed as a result of violence. Whether the homicide is justified or not, we’ll have to wait on the facts, but that doesn’t change the fact that a teenager was killed before his life could really begin. This is today’s America. Ain’t it great?

 

What did Bob Beckel Admit?

This hasn’t been reported in the MSM or even other conservative sources. On the January 18, 2012 The Five on Fox News, Beckel said the following:

“We liberals made a terrible mistake going back 30 years ago. We made a dependent society because we thought we were doing the right thing. We had things like public housing and we had welfare payments and all that bred dependency, and it was our responsibility, we did it for the right reasons, we need to change that. But the way you change it is not to say that it’s an opportunity society alone that’s gonna do it. It’s gonna require some government intervention. That’s our point.”

So, Beckel admits that the liberals were wrong with the “Great Society” programs from thirty years ago. However, he also spouts the liberal mantra: don’t judge me on the results of my policies, only on my good intentions. Well, the road to hell is littered with the good intention of liberals. It is about time the results of their policies are measured and examined. Hold them accountable for results and watch the change.

Dept. of Labor v. Real Economy

Friday, the Dept. of Labor reported that the unemployment rate was down to 8.3% in January with a supposed 243,000 jobs added. However, if you really look at the Bureau of Labor Statistics data, you will find something totally different.

The raw numbers show that there were 130 million jobs in December and only 128 million jobs in January, give or take a couple hundred thousand either side. How can that be? Well, they are manipulating the number of jobs to drive the rate down for the election. Rush was right again.

Another interesting take can be found at The Economic Collapse Blog. It has a bunch of questions that reporters should be posing to the president and the mainstream media as they beat the economy is improving drum.

Are You Sick of Hearing About Warren Buffet?

I think I have Buffet overload. Between the SOTU address, Buffet’s various interviews, I really don’t want to hear that his tax rate needs to be higher. What is stopping him from paying 35%, 50%, or 75% of his taxable income to the U.S. Treasury? Nothing. It’s not illegal, and I can even provide him with the wire transfer instructions to do so. Why then do we constantly have to hear about it? Well, Obama and the Democrats need their populist ally and Warren like media attention.

The Tax Cut Deal

Once again, the Republican “leadership” demonstrated why they will never have more than a losers mentality. A 2 month extention? Really? How exactly does a business react to that?

I swear to _od, if there were a way to kick them all out at once, I’d be the first one in line leading the way. This current political class is killing our country. At some point, we need to throw them all out and start all over again. I believe the time is now. Hell, why wait. Take DC by storm and don’t let them in their offices or the Hill. A lot less damage will be done to the country by not having them there than letting them “do their job.”

Tim Tebow Does IT Again

Like many NFL fans, I watched a lot of Thursday night’s game with absolute horror…until there was seven minutes left and the Broncos had the ball on their 5 yard line. Once Eddie Royal escaped from the grasp of Jim Leonhard at the goal line and rambled for a 9-yard gain, I told my 9-month old daughter sitting with me to sit back and enjoy. Neither of us was disappointed.

Denver’s performance was remarkable. How do you come up empty so many times to only get it right at the end? I’m not sure if it’s divine intervention or what, but Tebow has the “IT” factor. Anyone who has played sports knows the people on their team that had IT. They were always the hardest workers laying it on the line all the time, making you push yourself even further than you normally would. The result, you end up performing better as a team than you would otherwise.

If you look at the stats, there isn’t a whole lot of difference between the stats pre-Tebow and post-Tebow. However, the whole team seems to be performing at a higher level, especially the defense. Some of the defense’s improvement can be attributed to the guys  getting use to Fox’s schemes, but that doesn’t explain it all. Now, the three and outs of the offense span a longer time period given the propensity of the team to run with Tebow rather than throw with Orton.

To all of you haters, let’s go over a few facts. First, with a Tebow at quarterback, the defense can’t go 11 on 10. Tebow is just as likely (perhaps, more likely) to pull the ball on a read and take it himself than he is to give it to the running back. Therefore, there is a defensive player that has to follow him. As a former running back, you have to love it..one less potential tackler. Second, the guy is a kid. I’m not sure if you haters have gone back to look at Elway’s first few seasons, but they were nothing statistically to write home about and were about where Tebow’s completion averages are.  Third, it looks to me as though Tebow is throwing some balls away intentionally further killing his completion average but not turning the ball over. Finally, the team’s winning, something it wasn’t doing early in the year.

So, to all you haters, I understand why, but let’s give the kid a break and see how he develops. If is successful in the NFL, it will be one more example of the American work ethic. Perhaps, some of the #Occupy movement can learn from him.

 

It’s the Culture Stupid

Rich Lowry had an article in Friday’s NY Post titled Stuck at the Bottom. The article discusses whether the American dream is dead or if its people still have upward mobility. During this time of OWS, it is timely. It posits that American does worse than other countries at getting citizens up from the bottom. While you should read the whole column, this paragraph is a salient one:

“This stagnation is less a statement about the structure of America’s economy than about its culture. As Ronald Haskins, also of the Brookings Institution, wrote in an essay for the publication National Affairs, “economic mobility is constrained above all by personal choices and behaviors.” He argues that society’s leaders “should herald the ‘success sequence’: finish schooling, get a job, get married, have babies.” If Americans finished high school, worked full time at a job that matched their skills and married at the rate they did in the 1970s, the poverty rate would be cut 70 percent.”

If the diversity crowd would start fostering things that matter rather than things that don’t, we all would be in a much better place.

Eugene Robinson Is Wrong

Eugene Robinson’s Investor’s Business Daily article It’s Clear GOP Had Its Fingers In Downgrade demonstrates within itself how ridiculous his titled proposition is. The thrust of his piece was that the GOP’s threat not to raise the debt ceiling without spending cuts is what caused S&P to downgrade the U.S.’s credit rating.

However, he states in the body of the column that “There is no plausible scenario under which the U.S. would be unable to service its debt.” His assertion is correct, unless President Obama decided not to pay the bondholders. If you recall, it is Obama that screwed the G.M. bondholders in favor of the unions with his shills on the bankruptcy court tagging along. How one could ever prioritize the union claims over secured bondholders flies in the face of commercial dealings? On to that, stack Obama’s 60-Minutes interview wherein he says “we won’t be able to pay our bills…” you then have a credible threat of non-payment.

Without a debt ceiling increase, the U.S. Treasury would have had to make choices about who to pay and who not to pay since the cash coming in does not exceed the planned expenditures. Commercially, one would prioritize bondholders ahead of other creditors, but, with this administration, you’re not really sure what might happen. Again, this raises the specter of non-payment.

The fact of the matter is that S&P knows that the “cuts” really are not reductions in spending, but simply reductions in the increase in spending. Their downgrade really is a shot across the bow of the CBO, congress and the administration in how it does its accounting. Only in government would not spending one dime more than last year be characterized as a cut. S&P is laughing at the CBO’s scoring of the plan and the purported trillions of cuts. In fact, had congress arrived at a plan not to raise spending at all over the next ten years, the CBO would have scored this as a $9 trillion cut. When in fact, there was no cut at all.

S&P knows that the only thing the government can control is the amount of money it spends. If it raises tax rates and people make less, the take to the treasury might be lower than under the lower tax rates. You’re seeing this all the time with the tobacco tax increases which continue to raise less money as people are forced to quit. What happens to the program once the funding is dried up? Instead of the program going away, the program ends up being funded by the general fund. S&P knows this.

S&P also understands that the current pact does not bind congress next year. Who can forget Democrat promises to Reagan to cut spending if he went along with their tax rate increases? He agreed to the tax rate increase, but the Democrats never came through with the spending cuts. As a matter of fact, spending went up. History repeated itself under Bush 1, and Mr. Robinson wonders why any credit rating agency would believe anything coming from a government official’s mouth.

Mr. Robinson also quotes Mr. Greenspan’s comment that we “can always print more money.” It is true that we could print our way out. However, there is nothing that requires our trading partners to take our devalued currency. How would we trade? Further, the inflating the supply of our currency should cause interest rates on the treasury bongs to rise substantially thereby exasserbating the problem. S&P knows this.

As can be reasoned from the above, the U.S. is not AAA rated and hasn’t been for some time. The only thing I will give S&P credit for is the guts enough to state what most of us already know: The U.S. government is nothing but a ponzi scheme paying off old investors with new investor’s money.

One is left either believing that Mr. Robinson has very little understanding of accounting, economics and budgeting, or he was simply trying to prey on traditional Democrat Party constituencies putting fear in their hearts. Either way, he’s wrong.