A penny lost is a penny not-earned
Posted by Jeff Id on August 29, 2011
Another global warming whitewash courtesy of the whitehouse ‘economic stimulus programs’ aka, green for greens. At this point, only the rock dumb or those not paying any attention at all have not noticed that the alleged stimulus programs were simply payoffs to those who contributed to corrupt politics. Unions, friends, 501C’s who skewed the election with fraudulent votes. Obama’s QE2 program being the single worst example of mass theft in the history of mankind. No criminal in history has done more to pay off friends than Obama.Bush was dirty with the banks IMHO, but he just didn’t think big enough – or perhaps he was the pawn and the banks did what they wanted.
So people are surprised when 20 million sunk into training programs in a single city for fake green jobs doesn’t return results? It’s insane but I bet some people are surprised that this didn’t work. None of the actual recipients of the cash were surprised though.
You wouldn’t believe how many jobs we could create with a loan of 1/5th of that money. It was given to these jackalopes without any intent of repayment during a time when small business can’t get a loan even with collateral. We have excellent books and profit, yet banks we’ve worked with for years won’t loan even one day’s income to us unless we sign personal assets on the line. Not even one day’s income for our business despite the fact that we have a substantial account at the same bank and would be borrowing a small fraction of our own money. No we don’t need the loan, but I asked out of interest again today after an entire year, and they said again that they won’t do it – doesn’t matter what our books say. I didn’t bring them with me and asked from the doorway fo the commercial loan office, because I was only interested in a blog post. Yet Obama’s stimulus gives, throws away, chucks to the wind, 20 million dollars, no strings attached to these alleged non-profit groups to stimulate the economy by weatherproofing peoples homes. Stupider than hell, and stupider is an official white house sanctioned word now. The NYT just did a recent article/flat lie on how banks have money to loan but nobody will borrow.
Keynesian economics have nothing to do with the plan.
I know you don’t want to hear it, but this isn’t an honest brokerage of Keynesian economics. It is about the control of votes and the control of political direction in the US long term. If enough voters are on the take, and with 50% not paying taxes we are close, those on the check writing side have all the control. Even if the payment is small. Ask Castro about what $10/month/person buys.
A US economic collapse is good for the power hungry. A small collapse is nice, but a strong healthy collapse of capitalism with the huge majority of media on their side will lead to a continuation of the expansion of these programs. Lies and sophistry will continue it and money printed will continue it until we are in the same boat as Laos.
Despite the AGW corollaries, there isn’t much time left to stop it either. People need to pay taxes when they make money. All who take money in, must pay enough tax on it so that they too pay attention. The key to a successful future for all in this world though is to make it financially beneficial for international business to station their bases at home. This includes the nearly complete elimination of any business tax on profits not distributedand a non-tax on any property assets maintained in the US. Yes it will make companies leave profits in the corporation – as investments. It will encourage companies to invest in themselves rather than distribute profit and when the huge future profits are distributed (as they will be), the tax can be taken. Hong Kong is a perfect example of this system.
But the leftists say I’m wrong, some on the right say it is too simple and it doesn’t really work……
There is a line where when a government takes too much from the public, the net result is lower quality of life for the individual. The honest study of this line of thought is almost never discussed in modern economics.
The problems and plan are uglier than you are being told, don’t listen to me though, go to your bank and see what they want for a loan to a hypothetical commercial business you want to start. Of course if you are black, indian, hispanic or even just female, the rules change but they aren’t good rules for them either.
Sorry for the reality.