Business & Economics

President Obama was giving a speech to a bunch of college kids on Tuesday. He complained about the fact that the average student has $25,000 in student loans. However, you never hear him complain about the $100,000 in debt owned by the taxpayers of this country as a result of government overreach.

I’m not the president’s biggest fan, but even I have to laugh at his rediculous comments regarding his healthcare bill and the Supreme Court.

In case you missed it, at a press conference, he responded to a question regarding the case before the Supreme Court. He went on to provide reasons why the Court should hold that his legislation is constitutional. Every one of his arguments was an emotional argument, not a legal argument. And he was a constitutional law professor?

Later, he created his own definition of judicial activism. He correctly stated that conservatives hate judicial activism, but judicial activism to a conservative is not striking down a law as unconstitutional. It is creating law from the bench, i.e. Row v. Wade where the court simply made up its own rule on when life starts.

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.

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?

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.

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.”

Saturday Night Live use to be funny. I watched a bit of it this weekend with Ben Stiller as host, and I was sadly disappointed. Their Fox & Friends skit…..pretty lame.

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.