Thoughts On A Sunday

The weather has been gorgeous here at Lake Winnipesaukee – sunny, warm, though a bit breezy on Saturday. (You could see whitecaps out on the lake all day.)

BeezleBub spent the weekend working at the farm, as he usually does. But now he's enjoying it even more as he's been given new duties and responsibilities, meaning he'll be spending more time running one of the many tractors and their various agricultural equipment attachments and less time performing stoop labor (picking vegetables or weeding).

My weekend duties including opening our business Saturday morning, getting what hazardous waste we'd collected over the past year (primarily T8 fluorescent light tubes and dead compact fluorescent lights) to our town's annual hazardous waste collection day at the depot set up behind the town hall, and getting the laundry and housecleaning done. I even managed to mow the lawn (what there is of it).

Deb also put her time in at work at the Veteran's Home during the evenings and at our business this morning, closing out the books for July.

All in all, we weren't not busy all weekend.

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As of 9AM this morning it appears the House Republicans and the White House may have reached an understanding on raising the debt limit, raising it $2.5 trillion in exchange for a deficit reduction of the same amount.

I find it curious that the news reports state it that way – the Republicans and the White House. No mention was made of the Congressional Democrats at all with one exception – Harry Reid – and then only in passing.

Was this intentional? Was it just one more way the media is working to distance their Democrat masters from the mess they helped create?

Time will tell.

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And speaking of debt limits, it appears the average American household is deeper in debt than the spendthrift US government.

I'd like to think our particular household is doing better than that, particularly since we just finished a mortgage refinance at a much lower interest rate and managed to pay off some debt. (And unlike a lot of folks, we actually have equity in The Manse, even after the re-fi.) And that seems to be the trend lately. Rather than taking on more debt, people with a little extra cash are trying to pay down what debt they have.

I think it also bears mentioning that debt in this context means unsecured debt, like credit cards. As Glenn Reynolds writes, “Several readers point out that Americans’ mortgages are secured by tangible assets pledged as security, which is different.”

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Another physician is packing it in, giving up his private practice and instead doing in-patient treatment at the local hospital.

Dr. Bob lists some of the reasons he's finally thrown in the towel:

The past year or so has been one of the most challenging in many a season, on a number of fronts. Professionally, the passage of Obamacare has made it abundantly clear that the independent private practitioner is a dying breed, and likely will disappear — with the exception of cash-only, concierge-style arrangements — within the next few years. The administrative burden is crushing — unfunded mandates, such as pay-for-performance, compliance programs, HIPAA, mandated “government certified” EMRs (even though existing, non-certified ones are fully functional), and intrusive, abusive audits by the Feds and third party carriers. Such mandates and regulatory excesses place, or will soon place, such an overwhelming burden on the solo physician or small group as to make their continued existence unsustainable, even in the near term — and the full implementation of Obamacare will put roses on their grave. Reimbursements are dropping precipitously (my income dropped about 25% last year), as expenses spiral upward (employee health insurance rates are up 25%; malpractice rates up 15%, etc., etc.). The small business model of solo practice or small medical group is rapidly becoming extinct: its executioner, Big Government and Big Insurance.

--snip--

But I am weary. After nearly 30 years in private practice, I am not sure which straw broke the camel’s back, but it is most surely broken. It is a weariness born of 14 hour days; of dictating charts and finishing paperwork until 8 or 9 pm each night, after starting the day at 7 am; of endless audits by the insurance industry and Medicare; of the constant threat of litigation; of the crushing burden of one more federal requirement mandated but never recompensed; of a host of ever-expanding administrative burdens having nothing to do with patient care, and everything to do with bureaucratic micromanagement of the profession. And this before we have even begun to see the nightmare which Obamacare will inflict. Camels weren’t designed to carry such a load.

Oh, yeah, Obamacare is gonna fix all of that. Uh-huh. Sure. Yeah....

(H/T Maggie's Farm)

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Also by way of Maggie's Farm comes a link to this review of a book critical of the uncompromising environmentalist movement, calling it “an ugly experiment.” The author is himself an environmentalist, but one who now sees the benefits of technology and how it can 'save the planet'.

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Ann Althouse looks at the economics of the two-income family and finds that it doesn't make sense, particularly in regards to the higher income tax load and increased spending required because both spouses work. Between those two factors it's a money-losing proposition.

I have more than a few friends that have found this to be true and when they had children, one of the spouses stayed home to raise them. In the end, it worked out better for them than many of their contemporaries taking the both-spouses-working route.

(H/T Instapundit)

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David Starr from the North Woods of New Hampshire offers some advice for speeding up your computer (assuming it runs Windows), particularly for web surfing. Apparently Java Quick Start (jqs.exe) has a tendency to eat up memory and CPU capacity even if you aren't using Java. It will start every time you boot your computer. David tells us how to change the settings so it starts only when needed.

I tried it and it made a noticeable difference on my machine.

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It looks like the AGW crowd is going to have to do something now that their computer models have been shown to overestimate the effects of CO₂ on radiation of heat from the Earth to space.

“The satellite observations suggest there is much more energy lost to space during and after warming than the climate models show,” Spencer said. “There is a huge discrepancy between the data and the forecasts that is especially big over the oceans.”

Not only does the atmosphere release more energy than previously thought, it starts releasing it earlier in a warming cycle. The models forecast that the climate should continue to absorb solar energy until a warming event peaks. Instead, the satellite data shows the climate system starting to shed energy more than three months before the typical warming event reaches its peak.

“At the peak, satellites show energy being lost while climate models show energy still being gained,” Spencer said.

Oops.

Of course I expect someone within the AGW cult will try to massage or spin the NASA data to prove otherwise.

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And that's the news from Lake Winnipesaukee, where it's been another gorgeous weekend, most of the housework (except vacuuming) has been done, and where Monday beckons.

Ordinary People Solve A Seemingly Extraordinary Problem

The pols in Washington are still going at it hammer and thongs, and after weeks of debate and rhetoric they have been unable to come up with a workable compromise about the debt ceiling, out of control government spending, and a push to raise taxes.

But a group of five ordinary citizens were able to work out how to solve the problem in only an hour.



It seems to me we've been looking in the wrong place to find the answers needed to fix this problem. Some will claim their solutions are overly simplistic and overlook the nuances and complexities of the problem. But that is the problem. Those 'nuances and complexities' are what make it seem impossible to solve the problems. The folks in Washington tend to forget that no matter what they do, someone somewhere is going to be inconvenienced or hurt. The trick is that maybe we have to ignore that or any solution will be impossible. And then everyone will be hurt, possibly to a level not seen since the Great Depression. That is no solution.

What say you?

Extreme Beat Boxing

I haven't seen anything this good since Michael Winslow did his thing on the Police Academy movies.


EMBED-Cute Girl Has Amazing Beat Box Skill - Watch more free videos

Advice To Potential College Freshmen

By way of Facebook comes this advice for potential college freshman from Cal Techgirl.

Dear Prospective Freshmen, You are trying to get into a major 4-year university. You do yourself no favors by 1) acting like you're my friend (e.g. "Hey" is not an appropriate subject line for a 1st email) or 2) using text speak. We use grammar and spacing here in the big kids' sandbox.

A number of comments from some of her friends expanded a bit on this, most of with which I agreed. Names have been modified to protect the innocent from egregious retaliation.

BJW- Good luck with that one. Having taught a few high schoolers in the finer arts of English Literature, Grammar and Composition, I can tell you I fought the tough fight, but I fear I lost most days.

I once tried to convince my students to not use any "be" verbs in a particular assignment. They ignored me. I rewrote each of their papers, and I used 2 "be" verbs in two of them, and none in the others. They could not believe that I did it. One student claimed that I changed the meaning of what she had written. I sat down with her and went line by line. Then, she said, "but it doesn't sound like me." (Imagine the whine in her voice.) She did not amuse me. (I now teach only my children - homeschool. They don't like my "no be verbs" rules, either.)

Cal Techgirl- That's hard. But important for what we teach in terms of professional scientific writing. Most of them just don't get it.

--snip--

I think the other problem is that these kids just don't read as much as we did. You learn language by seeing it and hearing it.

CS- We just hired a girl with a bachelor's degree. Every e-mail she writes starts with “Hey”, even to the Assistant Vice President of our department. ACK!

BJW- Our society has devolved to such a casual state! Can we blame Mark Zuckerberg?

I have seen this problem at work, where the writing skills of the engineers, technicians, and software coders leave much to be desired, particularly among the younger employees. It's one reason why I spend an inordinate amount of time rewriting procedures, design specifications, and product proposals. It's also the main reason I read anything BeezleBub writes for school as he has a tendency to use texting shorthand – mostly leaving out “unnecessary” words – which makes reading his writing assignments painful at times. At least he hasn't been using texting abbreviations...or at least not yet.

Goin' Galt In Alabama

This is yet another post staying as far away from the Obama-owned debt limit crisis of his making. The last thing I need at this time of the day is to be even more pissed off than I am. So what am I going to write about instead?

Goin' Galt.

This story made the rounds on the blogosphere and the reaction has been one that has evoked two responses from me: elation that someone finally said “Enough of this horse***t,” and has decided to pull the plug on his business; and a sense of sadness that it had to come to this point.

It seems that Alabama coal mine owner/operator Ronnie Bryant heard enough at a Birmingham public hearing, with a number of residents laying the blame for everything that seems to be wrong with their lives on one of his future coal mines. After all the local, state, and federal hoops he had to jump through in order to get permission to start this mining operation, he then had to listen to endless business-bashing by far too many of the know-nothings attending the meeting. It reached the point where he'd had enough.

...he finally stood to speak. He sounded a little bit shellshocked, a little bit angry — and a lot frustrated.

My name’s Ronnie Bryant, and I’m a mine operator…. I’ve been issued a [state] permit in the recent past for [waste water] discharge, and after standing in this room today listening to the comments being made by the people…. [pause] Nearly every day without fail — I have a different perspective — men stream to these [mining] operations looking for work in Walker County. They can’t pay their mortgage. They can’t pay their car note. They can’t feed their families. They don’t have health insurance. And as I stand here today, I just … you know … what’s the use? I got a permit to open up an underground coal mine that would employ probably 125 people. They’d be paid wages from $50,000 to $150,000 a year. We would consume probably $50 million to $60 million in consumables a year, putting more men to work. And my only idea today is to go home. What’s the use? I don’t know. I mean, I see these guys — I see them with tears in their eyes — looking for work. And if there’s so much opposition to these guys making a living, I feel like there’s no need in me putting out the effort to provide work for them. So as I stood against the wall here today, basically what I’ve decided is not to open the mine. I’m just quitting. Thank you.

The only thing I’m sure of is that what I saw today is a broken process and a sham. We all want a decent environment in which to live, but when various people at a public meeting — including federal officials and community members — talk about “environmental justice” and make it clear that their intent is to make it harder for businesses to operate, well, I can see why a businessman would decide to quit. I consider myself an environmentalist — because I want to live in a safe, secure, clean world — but what I saw isn’t reasonable concern for the environment as much as it’s an ideological agenda.

I don't blame Ronnie Bryant for saying “The hell with this! I quit!” But I have no doubt that many of the same people at the hearing will now point the finger at him for making a number of much needed jobs disappear, and claim that it's all because he's greedy and uncaring about the working man. One has to wonder about the logical disconnect from which these people suffer.

The comments to this piece are telling, with a large majority of them supporting Bryant's decision that creating all those jobs and the money they brought into the local economy wasn't worth the effort any more because the knee-jerk opposition of the religious environmentalists (and let's face it, this kind of environmentalism is a religion, and a mindless cult at that). Why should he have to deal with that kind of abuse just to run a business? So he did what anyone else facing that kind of crap would have done – he threw in the towel, goin' Galt, and letting those same self-righteous assholes suffer the consequences of their actions. He'll just take his money and go someplace else.

Carbon And Water - A New Storage Medium For Electrical Power?

Feeling the need to take a break from the ongoing debt ceiling drama, perhaps a little good news for a change

One thing I've found to be true over the seven different decades I've trodden this earth is that it's the complicated things that tend to have the easiest answers. That's particularly true of the sciences, where some of the most sophisticated inventions use the simplest of materials and configurations. That's certainly true of this neat means of storing electrical energy, using nothing more than graphite and water.

A combination of two ordinary materials – graphite and water – could produce energy storage systems that perform on par with lithium ion batteries, but recharge in a matter of seconds and have an almost indefinite lifespan.

Dr Dan Li, of the Monash University Department of Materials Engineering, and his research team have been working with a material called graphene, which could form the basis of the next generation of ultrafast energy storage systems.

“Once we can properly manipulate this material, your iPhone, for example, could charge in a few seconds, or possibly faster.” said Dr Li.

The ability to rapidly charge a battery system is key to being able to make electric vehicles a more viable alternative to liquid fuel burning vehicles. If a vehicle's batteries can be charged in the same amount of time it takes to fill a fuel tank, then EV's can become more attractive to the motoring public.

But even if Dr. Li and his team perfect their technology, there's another problem that will need to be solved: How to get all the electrical energy needed for a rapid recharge to the charging station? That's a lot of power to dump in a very short time.

Thoughts On A Sunday

At least the heat wave here in the Lakes Region of New Hampshire has abated, with temps in the upper 80's yesterday and the mid-80's today. It's still a little humid, but not bad at all compared to the middle of last week.

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I was out with Submarine Tim and his boss, Dawn, yesterday, taking in Harry Potter and the Deathly Hallows – Part 2 at the IMAX theater just outside of Manchester. While not exactly new to IMAX, I haven't seen a major Hollywood release on the big IMAX screen, particularly in 3D. All I can say is WOW!!

About the only gripe I have is that at times the 3D was a distraction, drawing attention away from the main action rather than enhancing it.

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During breakfast with the WP Parents late this morning, the WP Dad told of of one of his friends from church (who shall remain nameless) who stated unabashedly that if all the Republicans were to disappear tomorrow the US would be a paradise.

This is a case of yet another deluded leftist who forgets who it is who creates the jobs, pays the bills, and keeps the economy going. But then like most leftists, they believe that money just appears and that no work is required to make it appear, except for taxing the rich out of existence. The only exception are the rich socialists who will, of course, be he ones in power.

I guess this fellow has failed to look down into the socialist paradises that are Cuba and Venezuela, places where Republicans (or their Cuban and Venezuelan equivalent) are outlawed.

Yup everything is fine in those two countries. There are no shortages. Everyone is equal. (Equally miserable) And those in power are more equal than everyone else. The press is free (to print government propaganda). And everyone has everything they need provided by the government, except for food, clothing, housing, transportation, jobs, and basic utilities that the rest of us take for granted.

It never ceases to amaze me when the leftist here in the US are incapable of learning the lessons of failed socialism, figuring they can make it work this time. Yet they never do.

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The effects of the Law of Unintended Consequences is unfolding in regards to the odious Dodd-Frank bill as it's provisions come into effect.

...a monstrous 2,300-page law named after two of the most corrupt clots of slime ever to disgrace the Beltway. It was a reaction to the $zillions our rulers flushed down the toilet in bailouts after Democrat race-based mortgage policies crippled the housing sector and with it the entire economy in 2008. Supposedly it would do away with the alarming concept that politically connected firms are “too big to fail.”

Except that the “too big to fail” firms will be receiving even more billions in taxpayer funds under the provisions of the bill. And it adds even more of a burden on companies that also have to deal with the consequences of an even more odious piece of legislation, the Sarbanes-Oxley bill, which has burdened businesses across the board with even more time consuming and equally expensive and useless financial reporting paperwork.

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Bogie proves to us that at times concealment can be a good thing, and she has the pictures to prove it.

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I think Eric the Viking has the right of it: This is but one more a proof of Hanlon's Razor.

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Regarding the Viking's point, Pundit & Pundette add this commentary, calling Obama “President Planless.”

Let's face it, other than bloviating and pointing fingers, he hasn't got a plan.

This also plays into Gateway Pundit's post about a certain someone calling “President Snippy Pants” bluff.

(H/T Pirate's Cove)

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While we're piling on the One-Term Wonder, let's add Kathleen McKinley's thoughts on his latest presser.

I was stunned as well at Pres. Obama’s press conference yesterday. I’ve never seen a President act so childish. I’ve never seen a President complain about not getting his call returned. The entire press conference was surreal. The President wanted it to seem that it wasn’t him that welshed on the deal, when it was (“I’ve been left at the alter a few times”). Boehner clearly saw that Obama wasn’t serious about the debt talks. He figured it would be better to just go back to the leaders in the Senate, on both sides, and get a deal done.

The President is starting to sound more and more like a spoiled child who throws a tantrum when he doesn't get his way.

How presidential!

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And that's the news from Lake Winnipesaukee, where the weather has returned to normal, the town beaches were full, and where my boat still isn't fixed.

EPA To Punish Texas For Its Success? Not So Fast...

You know it's getting bad when a rogue federal agency is being used as a bludgeon to punish critics of the present administration. (Of course the critics aren't so much saying anything about the Obama Administration so much as showing them to be the know-nothing socialist chumps they are.)

In this case the EPA is doing its darnedest to cripple the Texas economy by using environmental rules never meant to apply to the situation in Texas. By trying to force Texas to abide by the EPA's Cross State rules regarding coal-fired power plants and setting a very short deadline by which Texas must comply, Texas will lose a considerable amount of its electrical generation capacity.

But somehow I doubt Texas is going to cave in to the socialist yokels running the EPA and will call their bluff, in effect telling them in true Texas fashion to “Come And Take It”, or as the PJ Tatler writes it, “Kiss my ass!”

Such an action by the EPA can have nothing but negative consequences, particularly for the Obama Administration and for the power of the ever expanding government bureaucracies. As Obama and his czars try to clamp down on the economy and drive even more businesses to the brink, the backlash is likely to sink any chance the President has for re-election.

Let's hope this is the case as we can no longer afford the destructive forces of this know-nothing administration.

It's Time To End Agricultural Subsidies

If we want to save billions of taxpayer dollars, stop the negative effects of government interfering with market forces, and let food prices seek their own level, then maybe it's time to get farmers off the federal dole.

While some may decry such an action as being against the interests of small family farms, those same folks speaking out against such cuts don't understand that it isn't the small family farms receiving the benefits of the government subsidies and tax breaks, but the large agribusiness corporations. They don't need those subsidies and shouldn't be receiving them because in the long run all they do is raise food prices (and the taxes keeping them there) to the detriment of everyone else, including the small farmers.

Government subsidies obviously aren’t necessary for food production: people have fed themselves and traded their surpluses for thousands of years. The system doesn’t help consumers. Reducing supplies and imposing price floors obviously are bad deals for the hungry. Paying off farmers might lower some prices, but steals back through taxes any benefits received by consumers. Agricultural subsidies are designed by farmers for farmers.

But which farmers? Not the idyllic family farmer. The majority of payments go to farms with average annual revenue exceeding $200,000 and net worth around $2 million.

Many of the subsidies date back to the Depression and the reasons for them no longer exist, but here we are seventy years later and we're still paying for them.

Before anyone gets on their high horse about saving the American farm, we should look at what happened when another country eliminated farm subsidies, in this case, New Zealand.

In 1984, New Zealand's Labor government ended all farm subsidies, which then consisted of 30 separate production payments and export incentives -- a striking action given that New Zealand was five times more dependent on farming than the U.S. economy.

A report from [2001] from the country's main farmers' group, the Federated Farmers of New Zealand, documents what happened:

While land prices initially fell after reform, by 1994 they had rebounded and remain high today.

The predicted farm bankruptcies never materialized -- with just 1 percent of farmers going out of business.

The value of farm output soared 40 percent in constant dollar terms since the mid-1980s and agriculture's share of national output rose from 14 percent to 17 percent today.

Since subsidies were removed, productivity in the sector has risen 6 percent annually -- compared with just 1 percent before reform.

New Zealand's farmers have competed successfully in world markets against subsidized producers in much of the rest of the world.

Can anyone successfully argue that we shouldn't do the same thing, and quite likely, see exactly the same results? Oh, I'm sure someone will try, particularly the folks from the “corporate farm” lobby. But maybe it's time we wean these folks off the government teat and let them succeed or fail on their own rather than allowing them to continue dipping into the taxpayer's wallets.

San Francisco Not All It's Cracked Up To Be

I have to ask this question about the City of San Francisco: Are they nuts out there, hypocrites, or both?

Looking at the following two stories, I have to say it's the third option.

First, we have to ask that if San Francisco is a supposed liberal utopia, then why do they have so many homeless people? Could it be because far too many of the do-as-I-say-and-not-as-I-do progressives can't be bothered to actually help them out and prefer to leave it to “the government” to handle? Oh, wait, they are the government in San Francisco! I guess we can see how far progressive compassion really goes when they find they have to spend their own money rather than someone else's money to provide the services they believe is owed to the downtrodden, even when they're the ones who helped make them downtrodden in the first place.

Second, if the City by the Bay is so tolerant and supportive of homosexuals, then why did a staff member of museum hosting an exhibit of a well known lesbian artist ask a lesbian couple to leave because they were holding hands? That's not very tolerant, is it? Would they have asked a heterosexual couple to leave as well? Does the museum have a no PDA (Public Display of Affection) rule, or were they merely offended by a lesbian couple holding hands?

Reading the comments to the first linked post is telling, if for no other reason that a number of denizens of the Bay Area commented that San Francisco is not as friendly or as tolerant as advertised. Color me surprised.

Debt Crisis Fatigue Is Getting Me Down

I must admit to being on the edge of Debt Crisis Fatigue after being bombarded by Obama, the Democrats, and the media for months on end about our impending doom if Congress doesn't pass an increase in the already outrageous debt limit.

I might not have nearly as much of a problem with Congress doing so if the Spender-In-Chief were willing to support spending cuts equal to the increase in the limit, but we all know there's no way he'll do that.

In truth, I don't like the idea of raising the debt limit even one penny. History shows us the promises made by Congress to cut spending if only the debt limit is raised have never been kept. All we've ever seen from such promises is more taxes and more spending. The promises made aren't any more real than the old “The check's in the mail” dodge, except that we're talking trillions of dollars, a number that doesn't seem to faze Obama or Congressional Democrats, but scares the bejeezus out of just about everyone else.

It's ironic, considering that many of the same people pushing for increasing the debt limit were vehemently against it the last time the issue came up. The difference this time around? Last time it was a Republican in the White House while this time it's a Democrat, and he's asking for an increase that is far greater than the last one.

Talk about a double standard.

If the President and his Democrat cronies won't control their insatiable appetite for running up the national credit card, particularly if they're not the ones who will have to pay the bill, then it's up to the GOP and the Tea Party to do it form them. Better it be done now than when it will be so painful that it brings the economy down even more than it already is. Obama and the Dems aren't willing to admit that the credit card company (that means us, folks) aren't willing to raise their credit limit until they pay off what they've already charged. Until then it will have to be as so many of we so-called “little people” do under these circumstances – pay cash, or do without.

The national credit card is maxed out and the issuers – We The People – are saying “Enough!”

Thoughts On A Sunday

It's NASCAR weekend here in New Hampshire, with the Lennox 301 running in Loudon at New Hampshire Motor Speedway. The race fans certainly made their presence known since Friday, with very heavy traffic all through the Lakes Region (we're about 15 miles north of the track).

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I have to admit to being lazy this weekend, not accomplishing nearly as much as I might have. Yard work was low on the priority list, with the lawn being mowed late today and weeding being put off until after work over the workweek. Housework and laundry are about the only things I've managed to accomplish over the past two days.

At least BeezleBub and Deb have been busy with work, though both have had some time off to recreate.

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Bogie shows us some photos from northern New Hampshire where there's an ongoing dispute about a power line project that would bring Quebec hydroelectric power to southern New England. Most folks up north are concerned about the path of the new Northern Pass power line – right through the prettiest scenery that attracts lots of tourists. Needless to say they're worried the destruction of the scenic views would adversely affect the tourist trade, the 'bread and butter' of the economy up there.

While the Northern Pass folks are working hard on PR to get their way, there are just as many locals working to stop the construction of the proposed route. It's not that they're against the project so much as they believe the route will cause major damage to their livelihoods. Some have proposed using existing routes to run the power down to southern New England, but the Northern Pass folks appear to dislike that idea.

Who will win this one? As much as I would like to think the folks up north will get their way, I think the fix is in for Northern Pass and they're gonna rip a wide scar right across some of the prettiest scenery in the country.

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Does anyone want to tell me we're now out of the recession and the economy is just hunky-dory?

I didn't think so.

While things have been hopping here in the Lakes Region of New Hampshire, summer business isn't anywhere near where it's been in previous years. Many of the folks spending vacation time up here are from New Hampshire, rather than folks from out of state. At least the Canadians have been showing up in greater numbers than in the past, but then their economy is booming and their dollar is worth more than the US dollar, meaning vacations here are a bargain...for them.

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And speaking of vacations, it appears a large percentage (34%) of Americans have said they have changed their vacation plans this summer, the largest number in quite some time.

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I had a rather lively discussion with one of the customers of our small business, a nice lady that seems to gravitate towards all kinds of conspiracy theories, BS economic theories, and believes the rich don't pay any taxes at all. But it appears the tax burden of the top 1% of taxpayers exceeds that of the bottom 95%. I guess that isn't enough for her as she keeps complaining that the rich don't pay their fair share. I asked her what she pays in income taxes and she wouldn't say. If I had to guess I'd say she's probably one of those folks who pays nothing. In my experience the folks who pay the least amount in the way of income taxes bitch the most about income taxes. Isn't that always the way?

(H/T Maggie's Farm)

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Stacy McCain has three little words we can use whenever liberals decry the alleged “lack of civility” by conservatives: Sheila Jackson-Lee.

Of course I don't expect them to understand the reference.

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Do you really want to understand the tax fight going on between Obama, his Democrat sycophants, and the GOP? Then take a look at this point of view from a small business owner, someone who will be the most affected by the tax policies being proposed by Obama and the Democrats in Congress.

So when politicians are talking about raising taxes on the filthy rich, they want us to think that those nasty old bankers, corporate swells, and union thugs are finally going to get what's coming to them. Unfortunately, these protected groups will be largely immune to the tax and regulatory burden. The real losers will be the small business owners, ordinary folk like you and me who have no means of protecting ourselves against the power of the government.

Don't be fooled by political rhetoric that claims taxes will be extracted from the super rich. It's the small business owner, already suffering in a poor economy, who will be hurt the most.

As a small business owner myself, I can see exactly where he's coming from.

(H/T Pirate's Cove)

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And that's the news from Lake Winnipesaukee, where the race crowd has gone home until next month, the tourists (what there are of them) are spending their money carefully, and where bits and pieces of The Boat are strewn across the floor of our garage as we work to repair it.

A Little Kitten With A Bad Habit And Worse Attitude

I have a feeling that both Bagheera and Hilda would have to agree this kitten has a nasty habit. That at his/her age this kitten was acting more like Charlotte, our grumpy kitchen cat, is not a good sign.


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The Government Should Stop Wasting Even More Money On Money

This is an update to a previous post about how our government wastes taxpayer money on creating money, in this case on dollar coins no one wants or uses.

Now ABC News is on the case (thought they got it from NPR), reporting on how billions are wasted on those dollar coins that end up sitting in Federal Reserve vaults.



While the report points the finger at legislation that mandated the minting of the coins, specifically the Presidential series coins, the blame is being laid in the wrong place, or on the wrong piece of legislation.

As I have written far too many times, the reason the dollar coin is unwanted is because Congress hasn't had the courage to do away with the dollar bill. As long as it is still in circulation the dollar coins will sit in those vaults, unused, unwanted, and costing the American taxpayers plenty.

One Solution To The Spending Problem

The ongoing disagreement between Congressional leaders and the President about the debt limit, taxes, and spending is showing the American people more than they wanted to see. To me this means far too many of the Democrats still seem to think we can fix the the deficit problem by spending even more money we don't have and can't pay back even if they make “the rich” pay their “fair share” in taxes, and the President acting like a spoiled and petulant child, placing all the blame for the outcome of his ill-advised and fiscally disastrous policies on the GOP because they don't or won't recognize his genius.

As much as the Democrats and the media try to spin it, the Democrats are about to reap what they've sown, namely a seriously broken financial system and the enmity of a large majority of the American people, particularly those in flyover country.

One commenter to a previously linked WSJ piece has proposed a solution to the spending problem with deep cuts for agencies and programs that manage to do nothing but waste billions of taxpayer dollars and create misery for far too many of the people they say they're helping.

Here we go. A quick way to save a few bucks.

2011 Budget Line items to consider - spending at the federal level, independent of state spending:

$129.8 Billion Education (why is the federal government involved in this?) - Zero out

$495 Billion Welfare (that's charity, right? Is this an enumerated power at the federal level or is it a state power? My take is I didn't see a charity power and Grover Cleveland agreed with me.

Grover Cleveland veto statement when vetoing charity to help Texas farmers:

"I can find no warrant for such an appropriation in the Constitution, and I do not believe that the power and duty of the general government ought to be extended to the relief of individual suffering which is in no manner properly related to the public service or benefit. A prevalent tendency to disregard the limited mission of this power and duty should, I think, be steadfastly resisted, to the end that the lesson should be constantly enforced that, though the people support the government, the government should not support the people. The friendliness and charity of our countrymen can always be relied upon to relieve their fellow-citizens in misfortune. This has been repeatedly and quite lately demonstrated. Federal aid in such cases encourages the expectation of paternal care on the part of the government and weakens the sturdiness of our national character, while it prevents the indulgence among our people of that kindly sentiment and conduct which strengthens the bonds of a common brotherhood."

-zero out.

--snip--

$22.7 billion Fuel and energy (as in Ethanol?) Why does energy need a subsidy, it's suppose to provide the value, not absorb it? - Zero out.

There's plenty more, so I suggest you Read The Whole Thing. While I don't agree with every point brought up, I can live with these proposed cuts as compared to some of those proposed within Congress.

Manufacturing Will Not Be What It Was

As much as we'd like to hear that manufacturing jobs are returning to the US, the truth is that not as many of them will be created here as have been lost. It's not that there isn't the need for manufacturing jobs so much as it's businesses learning to do more with less, be it with more efficiency processes or more automation.

As Perry Sainati, founder and president of Belden International, explains how manufacturing has been transformed in the U.S.

U.S. manufacturing these days is in the midst of a remarkable three-year recovery because for three years running manufacturing has not been about job growth.

It's been about automation. It's been about process improvement. It's been about productivity. And it's been about quality.

In fact, it's been about reinventing the very process by which durable and disposable goods get manufactured.

What's more, it's been about streamlining our factories to the point that they're now among the most efficient in the world.

Worker productivity on the U.S. is the highest in the world. That means for every man-hour put in we get more products built. It's to the point now here we can even outproduce low-cost nations while doing it at a lower per unit cost. That means that even with cheaper labor, countries like China are finding themselves at an increasing cost disadvantage because American factories require a lot less labor to produce the same goods. It doesn't matter if workers in a low-cost country are paid an eighth that of American workers if a single American worker can make the same amount of product as ten workers in the low-cost country. The cost per unit is lower in the US than in the low-cost country.

At the moment this scenario isn't true across the board, but it's getting there. As labor costs rise overseas, and transportation costs do likewise, it becomes increasingly more economical to build products here.

However, as Sainati noted, pundits and politicians “say the word 'manufacturing' and they see in their minds' eyes things they used to see when they were kids.” But those days are long gone, and with them the old manufacturing stereotypes. The days of huge factories employing thousands upon thousands of men and women have been replaced with modern factories using lean manufacturing with better design, processes, and automation. As such, returning a manufacturing operation to the U.S. may cost a thousand workers in a low-cost country their jobs, but it won't create a thousand new manufacturing jobs in the U.S. It might only create 80, or 100, or 120 jobs. It's not a 1:1 ratio because of the high productivity of American workers.

It's likely it's going to remain that way and we best get used to it.

On Spending, Debt, And Taxes

It's gotten to the point where President Obama resembles one of those romantic swains who does not understand that “no” means “no”, or in this case “Hell no!”

We have an economy that is still foundering due to job-killing regulations made by rogue bureaucracies, job-killing legislation by Congress, bailouts to commercial and financial institutions that don't deserve them, and a government spending spree that looks more like a teenager running around using daddy's credit card. But the 'teenager' doesn't understand that the credit card has reached its limit. What's worse is that he wants the credit card issuer (i.e. the taxpayers) to pony up even more credit to keep spending money he doesn't have and can never pay back. When he doesn't get his way he throws a tantrum, blaming the over-the-limit credit card he used on those no longer willing to have their pockets picked by an ungrateful and willful child.

Try as he might, I don't think Obama's going to get away with painting the GOP as the cause of the upcoming default on August 2^nd. The Republicans are standing their ground, not willing to give the President a pass by reneging on their campaign promises and raising the debt limit in return for 'future' spending cuts. All one needs to do is look how such promises made by Democrats in the past all fell by the wayside once they got their way to see how foolish trusting them again would be.

On top of that, the President wants to impose an additional $1 trillion in taxes on top of those he's already added to pay for it all. (We all know that theoretical extra revenue will not be used to pay down the debt, but will instead be spent on stupid and foolish things we don't need, want, or can afford.) That's all we need is to have yet another $1 trillion in capital removed from the economy, money that otherwise would be used to expand businesses, create jobs, and expand the tax base. Neither the President or Congressional Democrats see that every action they have taken over the past 4 years has narrowed the tax base, increased uncertainties in the business world which in turn has discouraged investment and hiring, and stretched out a painful recession and the resulting high unemployment/underemployment an additional 2 years with who knows how many more to follow.

What part of “Enough! Not one red cent more!” does the President fail to understand?

All of it, apparently.

Thoughts On A Sunday

It's been quiet around The Manse this weekend. Not that I'm complaining.

BeezleBub worked all weekend at the farm, managing to get some time at the end of the day to use his new kayak out on Lake Opechee.

Deb visited with the WP Parents and the oldest WP Sister, then spent some time with one of her friends from work on a Girl's Day Out.

And me, I spent time dealing with the usual chores around The Manse, as well as a small computer problem that drove me to distraction until I got it squared away.

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I happened to catch a small portion of this morning's Good Morning America as they covered the visit of William and Kate. One thing one of the hosts said made me stop and think about how much importance being attached to this visit, and how, in the end, far too much is being made about it.

As I recall, the host made mention about Kate's attire, and how everyone in America is wondering what she's wearing.

I'm not. I could care less what she's wearing, or who designed it, or how many times she changed outfits during the day. Somehow I doubt more than a few fashionistas really care at all. Yet somehow this is news?

How far we have fallen!

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While I've known this is true about liberals, or more specifically, the liberals and their sycophants in the press, John Hinderaker defines the problem far more succinctly than I could.

He boils it down to this:

It is a phenomenon we see over and over again: a liberal will make a wild accusation or engage in defamatory speculation about a political opponent. The accusation will then be taken up by left-wingers across the internet and, if it looks promising, it will be repeated in far-left newspapers like the New York Times. Liberals everywhere will eat it up and elaborate on it. Then, in due course, it will be proved entirely baseless.

What happens next? Do liberal web sites, columnists and reporters retract their fictitious claims and apologize? Hardly ever. By the time the truth comes out, they have moved on to some new libel or conspiracy theory. The truth remains a stranger to most of the readers who rely on such dishonest sources for information.

How many times over the years have wee seen this? How many times over the past four years have we seen this?

Too many times to count. Yet they still get away with it.

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Sister Toldjah follows up on this meme, showing how media bias and liberal lies far too often become “fact”. No amount of evidence to the contrary will convince them otherwise.

(H/T Maggie's Farm)

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Speaking of liberal “facts”, how about the one where military spending is greater than entitlement spending? The problem: it's not true.

At the moment entitlement spending is twice that of military spending. Entitlement spending has been greater than military spending since 1976 and there's no indication that trend won't continue.

Where does this information come from? The White House Office of Management and Budget.

Somehow I doubt the Left will be able to spin that as some kind of GOP conspiracy.

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This Ain't Hell shows us a spoiled, entitled ditz who doesn't support our troops because “they gun down 5 year-olds.”

She's a living example of the aforementioned liberal lies that somehow become “facts”. No one this unintelligent should be allowed to vote...or procreate.

(H/T Pirate's Cove)

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And now for a climate change three-fer.

First, it's Anthony Watts covering the madness that is the Carbon Tax in Australia. And the Aussies are pissed off that their Prime Minister has decided it's such a good thing even though they don't.

Second, there's this from Dr. Roy Spencer talking about how surface sea temperatures are still not rising and how global oceanic reflected light has increased, meaning sea surface temperatures are likely to continue to fall.

And last, but not least, there's Stuart Shapiro saying this about climate change: “What anyone who considers themselves part of the reality based community can’t argue, however, is that the best response is to wait and see what happens.”

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And that's the news from Lake Winnipesaukee, where the weather has been quite pleasant, the yard work is never ending, and where – once again – Monday is returning all too soon.

The Return Of Marcus Welby, MD?

The trend of physicians no longer accepting health insurance is spreading, with even more of them switching over to cash-only practices. I mentioned one Minnesota doctor who made the switch and is glad she did.

Now comes the story of Dr. Brian Forrest, his practice in North Carolina, and how he shed the frustrations and costs of dealing with health insurance companies, all to the betterment of his patients and his bottom line.

In an age of family physicians literally not being able to give away their practices, Brian Forrest has built a successful model that is similar to the age of Marcus Welby where there was a direct relationship between a patient and their doctor. Practices such as Forrest’s Access Healthcare in North Carolina run unencumbered by insurance hassles.

As word of Dr. Forrest’s direct pay practice has spread, he has had a constant stream of physicians visiting his practice so others could learn how he has a successful financial model, happy patients and a sane lifestyle – something increasingly less common in the hamster-wheel model of primary care that is prevalent in current fee-for-service based primary care practices. Dr. Forrest runs a cash-only practice sees 16 patients a day at a maximum, works a 40 hour week and takes home more than the average family physician a year with a highly satisfied patient base that pays less than those in fee-for-service, insurance models.

It's gotten to the point where the cost of accepting health insurance by primary care practices has become burdensome, both financially and in time, with doctors working long hours, seeing 40 patients a day or more, becoming detached from their patients because of time constraints, and being less well compensated for their time. Too many primary care practices have become nothing more than 'factory' medicine, much to the detriment of both health care professionals and their patients. Is it any wonder more doctors are abandoning the present model of medical practices and returning to older, more personal and satisfying models?

He Still Doesn't Get It

During his Twitter 'presser', Obama proved he really doesn't get it when it comes to to spending and taxes, trying to blame the budget impasse on Congressional Republicans and the inherent ignorance of the American public.

Saying that he would have to explain (again) to the American people how his plan will work, all he showed the American people is his condescension towards them, implying that they're all too stupid to understand. Unfortunately, we do understand all too well why his plan hasn't worked and won't work: he hasn't got a clue how the economy works nor how taxes and unrestrained government spending has a negative effect on it.

Hepburn, Hughes, A House In Connecticut, And Socialism

By way of Maggie's Farm comes this announcement that Katherine Hepburn's home in Old Saybrook, Connecticut is for sale. The asking price is $28 million.

I know the place as we used to drive near it on occasion on our way to or from Lenny and Joe's Fish Tale, one of our favorite restaurants on the Connecticut seacoast.

Normally I wouldn't even post anything about this as I have little real interest. But a recent viewing of The Aviator (the story of Howard Hughes) reminded me of something I had almost forgotten. (I cannot say for sure this actually happened, but it certainly made for interesting cinema.)

There was a scene that took place at the Hepburn house (and I believe it may have even been shot there, comparing scenes from the movie to photos seen in the listing), where Howard accompanied Katherine to dine with her family one summer weekend. During the meal Katherine's mother, a rather outspoken woman in her own right, blathered on about being socialists and that she didn't care who knew it, and anyone who disagreed would never step into her house.

Howard sat there quietly fuming until he couldn't stand it anymore. He replied to her, saying that she and her family could afford to be socialists because they had money, while the average working man could not. He basically lambasted her for her ignorance about how business and the economy actually worked, then got up from his seat and left.

Howard Hughes may have been eccentric, but he knew his stuff when it came to business, economics, and the working man. He also spoke a truth (or at least the Howard Hughes in the movie did).

Those with money can afford to be socialists. The rest of us can't.

Socialism rarely effects the limousine liberals. After all, they've already got theirs. Living with the effects of socialism is only for the little people. (That means you and me, folks.) It also means that it's the little people who, in the end, pay for it all, be it with confiscatory taxes, crappy social services, poor educational and health care systems, substandard housing, or dead end it's-for-the-public-good 'jobs' of the “We pretend to work and they pretend to pay us” variety.

Titus Going Galt?

BeezleBub and I watched Christopher Titus' Take America Back show on Comedy Central Sunday evening. He covered a wide range of topics, all dealing with taking back America and making it great again.

He touched upon one of my favorite topics – parenting. I won't bore you with the details of that as you can see it for yourself on Comedy Central or their website, but I have to say I agree with him, specifically on the topic of 'touchie-feelie' parents without the balls to discipline their brat of a kid. That wasn't the only topic he covered, of course. He got into a number of others, including racism, the economy, and government. On these last two he hit a home run.

He made a suggestion that struck a chord with both me and my son, bringing up a subject near and dear to my heart – the government's inability to stop wasting time and money trying to fix something they broke. His suggestion sounded like something right out of Atlas Shrugged.

I can't quote verbatim, so I'm not even going to try. But here's the gist of it:

Pick a day during the week (I think Titus said a Wednesday for a reason I won't go into), and between 2 and 4 in the afternoon, stop doing what you're doing. Don't work. Don't answer the phone. Don't drive. Don't shop. Don't travel. Don't do anything.

Right after 4 o'clock, we all send a text message to Congress and the President that says “If you guys don't stop screwing around and fix what you guys screwed up, we'll do this for a month!”

Do you think if we all went Galt for a couple of hours they might take notice?

Thoughts On A Sunday

Here it is, Fourth of July Weekend already.

How time flies.

One downside to this holiday weekend: The Official Weekend Pundit Lake Winnipesaukee Runabout – aka “The Boat” - will not grace the waters of the lake this summer. A number of factors drove that decision, including maintenance work that will be easier to accomplish while The Boat is out of the water (it really needs work done on the fiberglass, engine work neither BeezleBub or I have either the tools or the know how to perform, and some electrical system upgrades), and our personal budget.

It's been no secret that we here at The Manse have had to tighten our belts to ensure we weren't going to have problems paying our bills. We've cut back on 'luxuries' (we rarely eat out any more and we make our own pizza rather than getting it from the local pizzeria), did away with our landline phone (it costs the same as our cell phone bill and we practically never used it), do a lot of online price comparisons before buying anything, and clip coupons like crazy, just to name a few of the actions we've taken to rein in our spending.

Unfortunately The Boat falls under the luxury category (personally I think it's an absolute necessity as it brings tranquility into my life when I'm out on the lake). We could put it in the water, paying for the annual slip rental, or we could do some much needed maintenance. But we couldn't swing both. Reluctantly, we decided to do the maintenance and forgo any time out on the lake this summer.

Bummer.

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Skip points us to piece by Maggie Thurber which analyzes Union Derangement Syndrome and provides a well deserved fisking of a union VP of communications.

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Has Washington learned it's hard stimulus lesson? Listening to Obama, members of his cabinet, and Democrat leaders in Congress, I'd have to say the answer is 'no'.

Despite this, even Keynesians and Wall Street financial experts are now saying enough is enough. The question is, will Obama and the rest of the Democrats (and Republicans, for that matter) listen?

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Now for a really important question: Who is “ATM”?



The people have a right to know!

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Cap'n Teach asks whether we can call AGW a cult yet? He asks because apparently the UK didn't meet its goal of a reduction in CO₂ emissions. Instead emissions went up 3% because of the demand for more energy during the cold winter in 2010. (I'm not going to say colder than normal because Britain has had cold winters like this in the past. Let's just say that the winter temps have returned to 'normal'.)

CO₂ reduction is a fine thing in theory, but when people are in danger of freezing to death theory has to give way to practice.

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As I mentioned in one of yesterday's posts, jobs for teens are scare as compared to even 2 years ago. This WSJ piece also covers this topic, and a number of commenters delve into the twisted logic of those who seem to think that mandating higher wages will solve all our problems. One comment in particular stands out, explaining how community leaders in the Bronx got it entirely backwards.

I've posted before about the Kingsbridge Armory in The Bronx. A developer wanted to turn it into a shopping mall, creating 2200 jobs. The City Council and the Bronx borough president insisted he agree to a "living wage" mandate i.e. $10 an hour + benefits or $11.50 an hour. He said it blows up the economics of the project and walked away.

The politicians hailed the creation of zero jobs at "living wage" as a victory, and crowed about it all over the papers. (emphasis mine – ed.)

Seriously. In their world, zero jobs at a mandated wage is preferred to a couple thousand at market wages. And people keep voting for these geniuses.

How twisted is that? Celebrating zero jobs created as a victory? No wonder our economy is in such a mess with people like this trying to short circuit the market feedback mechanisms.

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Glenn Reynolds has three suggestions about what you can do for liberty over this July 4^th weekend.

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I knew California had problems with more than its share of clueless morons, but I didn't think it had gotten this bad.

(H/T Pirate's Cove)

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Oh, no! Someone call AlGore!

The Arctic Ice Basin is out of ice...except for 95% of area, which has plenty of ice.

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I think the Racine, Wisconsin firefighter's union is going to look incredibly stupid on this one.

It certainly seems the public isn't backing them on this issue, and the last thing the union needs to do at this point is to piss off the people who pay their salaries.

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Will New Hampshire be the battleground for the 'soul of the GOP'? It seems to be shaping up that way...again.

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Unfortunately, this is not a surprise to me.

It appears that far too many of our kids are failing what we used to call civics (also known as social studies). Our children are showing their ignorance about how our democracy works, how our civic institutions are supposed to work, and what the Constitution says and means. That is a formula for disaster, for if they don't know our history, do not understand our laws and customs, they are in danger of losing it all.

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And that's the news from Lake Winnipesaukee, where everyone has been gearing up for the Fourth, the weather has (sorta) been cooperating, and where to big doin's are down on the Esplanade tomorrow evening.

California Gets It Wrong Again

Is it just me or is the state of California doing everything it can to ensure its total financial collapse will take place? Nope, it isn't me.

It seems every measure the California legislature is taking will have the effect of increasing support of the state employees unions pay, benefits, and pensions while increasing the burden on the taxpayers, or decreasing its already falling tax revenues, or both.

The latest stupid, rent-seeking action? Shutting down Amazon's Associate program in California by trying to force Amazon to collect California sales taxes (even though the move is illegal). The amount of sales taxes collected by this move? Zero The estimated amount of income tax revenues lost with the shutdown of the Amazon program? $151 million.

As Bill Quick, a now former Amazon Associate, writes:

Did I mention that these people are leftists, greedheads, and wreckers? Let me add that they are also corrupt bribe-takers on a massive scale. They pushed this law through, and are more than happy to see the Amazon Associates program permanently shut down, because that is the goal the real backers of this law were after in the first place. It has nothing to do with sales tax collections. It is, in its entirety, designed to use the government as a club to shut down Amazon’s Associate Program in the biggest states in the country.

How so?

Big companies like Wal-Mart, (an out of state corporations itself) who have associate programs that are much less effective at driving sales than the Amazon Associate program is, can’t handle that competition head on by beefing up their own programs. Or at least they don’t want to. So what these sponsors were really after was not to collect additional sales tax for California, but to shut down the competition in the state. They got what they wanted. The politicians behind this bill will get what they want - more money and support (bribes) from companies like Wal-Mart. And the state will get nothing, in fact, will lose money.

But of course the big drive now is to somehow make Amazon the villain in all this. And too many people are buying the propaganda. Sad.

So while the aim of the legislation appeared to be to collect sales taxes, it was really a rent-seeking move by Amazon's competition? This sounds a little paranoid. But unfortunately, it is likely true. There's certainly enough precedent for such a move, and we've seen it at the federal level, particularly since “The One” Term Wonder took up residence at 1600 Pennsylvania Avenue.

Should this type of shenanigans continue in the Golden State, the motivation for businesses and residents to leave California will rise and the stream of businesses and workers already leaving will turn into a flood. That ought to help the state's bottom line. NOT.

Obama Really Doesn't Understand Economics...And Doesn't Want To

As we move closer to 2012, it has become increasingly apparent to those not previously cognizant that President Obama is, to put it in terms everyone can understand, an economic moron. Part of this lack of understanding can be laid at his upbringing and lack of a real-world education.

Between his parents, step parent, grandparents, and his pastor of 20 years, he was fed a continuous diet of anti-Americanism. We have no idea what he really learned in school, particularly at college (his transcripts are sealed). While speaking about bringing people together, his actions have done nothing but divided them. This is particularly true when it comes to economics, where it appears he's pulling his 'fixes' out of the past, with liberal doses of Marxist economic theory blended with the worst of the failed economic policies of FDR and Jimmy Carter. He really doesn't see why his efforts to fix the economy have failed or why his popularity has fallen so precipitously. Could it be because he's in over his head, being so ill-prepared and undereducated in how things really work?

That certainly seems to be the case, particularly in light of his most recent presser where he engaged in “false choices and demagoguery” rather than offering solid proposals. He talks about reaching a compromise with the Republican members of the House, but I get the feeling he's still defining compromise as “Sit down, shut up, and vote the way I tell you to vote.” That hasn't worked since the Democrat takeover of the House and Senate back in 2006, and is less likely to work today since the GOP retook the House last fall.

All any of this shows us is that he really doesn't get it, doesn't understand how the economy works, and isn't interested in learning how it works. Instead he wants the economy to bend to his will. Unfortunately he will learn, as did King Canute, that the economy won't listen to him. The more he tries to bend it to his will, the worst it will get and the more those who actually drive the economy will rebel, just as they have to date. All he will do is to motivate even more people to “go Galt”, driving more of the economic activity underground and away from the prying eyes of The One Term Wonder.