Archive for the ‘Candidate for President’ Category

Fat Louie, a duck with gout, a parable about fowl economic stimulus

Thursday, August 6th, 2009

Louie was a fat, fluffy, white duck.

He lived on a small private lake, east of Atlanta.

The lake was man-made as an amenity for a small condominium community of rustic, 2 story wooden apartments  known as Snapfinger Woods Estates.

The creek that ran through the small wooded area was known as Snapfinger Creek  and, hence, the name Snapfinger Woods Lake.

When Louie was younger he was the head duck of a small flock  that claimed Snapfinger Lake as their home.

In the Spring, the flock usually consisted of 12 - 14 adults  and would expand to 18-20 by the end of the Summer.

The residents of Snapfinger Estates loved to feed their flock of ducks.  They would throw bread and stale cakes into the water and watch as the ducks raced for the food.

Louie being the leader and the fastest swimmer, usually got to the food first  and he would gobble the morsels in a splashing frenzy of duck gluttony.

As the seasons passed, Louie got bigger and fatter from eating all the rich human foods.

One morning he woke up and realized his right leg hurt. It was swollen and painful for paddling. Louie had the gout.

The Ducks, being wild birds and advocates of the premise “survival of the fittest”  quickly fired Louie from his position of head duck  and expelled him from the community lake.

Louie was devastated.  For weeks he wandered around the Snapfinger Woods Apartments common areas and the parking lots.

He would waddle, dragging his right  foot for sympathy.     The residents  took pity on Louie and continued to feed him.

The following Fall, the greater economy of the Nation fell into a deep recession and many of the human residents of the Snapfinger Woods Apartments lost their jobs.

Fat Louie’s sources of  gratis food became increasingly difficult to find.

He decided that it was time to go to work ,  so that he could afford to buy his own food.

” What can an enterprising, hungry duck with the gout do to earn a living?” He  thought to himself.

“Of course!”  he quacked, ” Humans love down pillows! …And… Who knows more about down  than a duck?”

Louie did some investigating and found that there were 10 duck -owned, Down production facilities in the greater Atlanta area, employing over 10,000 ducks.

During a bad recession, demand for down pillows and comforters is sluggish, but Louie didn’t  care.  He had a business plan to establish himself and his flock as the Down Kings of  Georgia.

He contacted the Greater Atlanta Duck Association( GADA) and requested a meeting with their Drake  financial chief .

Over the years, the Federal Government had been a major recipient of bird droppings, which was valued as fertilizer .  Louie proposed that GADA call in some political favors.

The Congress and the President had appropriated massive amounts of money as part of several stimulus packages to help fight the recession.

Louie proposed a joint venture with GADA to get some stimulus money for a proposed new down factory.

With $3 million of Federal stimulus money, Louie opened a brand new state of the art down factory.

The new factory, with the massive influx of cash,  had a major competitive edge over the more established and conservative down factories.

Soon, Louie’s factory was growing geometrically and he was able to hire 4000 ducks .  He squeezed most of his competitors out of business  by lowering his prices. After they were out of business, Louie raised his prices by 50%.  After all,  he no longer had any competition.  He DID  have all that stimulus money helping to subsidize his operation though.

The net result of the government stimulus program:

6000 lost jobs.

Hundreds of thousands of $ lost tax revenue from former down manufacturers.

A heavy increase in unemployment insurance claims by the ducks of Atlanta.

Fat Louie got fatter yet, and his gout got worse.

The business cycle is like the cycle of life

Tuesday, August 4th, 2009

The business cycle is like the cycle of life.

It is born.

It learns how to walk. 

It reaches maturity.

It blossoms .

It grows old .

Eventually it must die.

Business cycles tend to follow credit cycles.

When credit is available, people borrow and spend today for things that they might otherwise not purchase until tomorrow.

Your current automobile might be only 3 years old, and in decent condition for another 3 or 4 years, but easy credit tends to encourage the consumer to buy a new car before it is necessary.

On a macro scale, when credit flows, and people spend on future necessities today, business makes profits, hires new employees , spends more on technology, expands facilities and  helps to generate growth.

When credit cycles contract, a new direction is created. Borrowing shrinks, spending contracts, savings go up and debt is reduced. Businesses contract, increase layoffs, and delay spending.

The last major credit shift experienced by the U S economy shifted to an expansion mode in the early 80’s. The Greenspan and Reaganomics agendas saw an expansion of available credit  which grew virtually unchecked until 2006-2007.

We are currently in the early stages of a Credit Contraction Cycle(CCC)

This is not a temporary pause in an ongoing expansion. We have shifted into a new direction.

The duration of this type of cycle typically lasts for an extended number of years and results in bankruptcies, foreclosures and unemployment.

The Great Depression of the 1930’s is usually shown as the standard of CCC economics, but we experienced similar but lesser extreme contractions in the 1960’s and 1970’s, with Nixon’s taking us off the gold standard as a rapid slide into Stagflation.

This is not a “bad recession” as the experts claim, hoping to keep us calm while our economy unravels.

 We are i n a Depression. It is just beginning, and it will feel more difficult because there is an entire generation of Americans who have never experienced bad times.

Savings have increased from 0% to just over 7% in slightly over 1 year, and demand is contracting because there is less money to spend.

The Administration is trying to add demand by spending money at a super record pace, but  cask for clunkers and various stimulus spending sprees are just moving money from one place to another.

 Demand is not being generated, that will only come when new wealth is created and wages and employment increases.

Unfortunately that will take years, a major shift to expending credit once again, and of course a great deal of contracting and suffering in the interim.

Today Is a Great Day for America

Tuesday, January 20th, 2009

The orderly transition of government from one administration to a new one is living proof that our Republic is functioning properly.

For that reason I say G-d Bless America.

The fact that we are welcoming  the first black President in our history is a great tribute to the ideals and good intentions of our people.

For that reason I pray that our new President is successful and can prosper in what is arguably the worst job in the World.

The fact that a person’s color has never been very important or even noticed by me is secondary to the fact that his color means a great deal to a great many souls alive and dead  That makes me proud to be an American

The fact that I do not like his economic stimulus plan and his political direction in general makes me worried about the direction My Country is about to travel.

If  I could have President Obama’s ear for 10 seconds, I would ask him to study history and to learn from mistakes of the past.

“Please, Mr President, FDR was a great man, a great politician, a great manipulator of human emotions(all of which you appear to be too)

However, FDR ’s economic policies were a disaster for the Country and accelerated the  descent from Recession into Depression.

Please read the history books, Mr President.

The Bush Legacy

Wednesday, November 5th, 2008

Mr Bush you are responsible for destroying your party, splitting your country in 1/2 , and destroying the faith and  culture of tens of millions of Americans.

From all of us, I wish to say….thanks… You are the worst parriah, looser, traitor in the history of the World.

I am ashamed to admit that I bought into your B S ,

You were smarter than us.  …Way To Go big guy…. I hope you are proud.

This Election has created a serious rift in America

Tuesday, November 4th, 2008

Thanks to the terrible failures of George Bush and his version of  liberal Republicanism , the Country is reacting with blind anger.

They are even willing to vote for an unknown extreme Left Wing Liberal because his name is not George Bush.

The mainstream press has religiously avoided any negative press for Senator Obama, and have annointed him as a savior without having any clue of the damage that will be done.

This  lack of full disclosure has created an undercurrent of anger and distrust. Americans are not stupid. We resent being lied to and conned.

Those that have bought into the Savior mantle are happy, those of us who do not are getting increasingly agitated  and frustrated.

The passion on the Right and the Left has become so polarized that there does not appear to be a middle anymore.

The disingenuous  polarization is evident on both sides.

What ever side wins this Presidential election, the damage might be too much to heal.

Citizens of America!!! Please!!! Do not give up hope!!!

May G-d bless America.

Lets get rid of Congress

Monday, October 27th, 2008

This is the most unpopular Congress in American History.

Lets vote them out.

Those arrogant, supercillious loosers whyo want to tell us what to do!!!!!!!!!!!

We don’t like them.

Vote Them OUT~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!

Attention all Democrats and Republicans! I have a better answer

Monday, October 27th, 2008

According to all National Polls, the only politicians with a lower approval rating than President Bush, are the Congress.

Bush’s rating has consistently been in the 20 something percent approval.

Congressional approval has been consistently in the teens or lower.

Why are we leaving Congress alone?

Lets vote out Congress.

We don’t approve of Congress, so why are we not Voting them out?

We should switch all Democrats for Republicans, and all Republicans for Democrats.

So what if Obama wins. Lets get rid of Pelosi and old Barney, and the infamous Murtha, as well as the Republican pigs. The Congress, which will now become a Republican majority and will serve as the Check and Balance to Obamas Liberalism.

Here is a chance to do something on a local grassroots level, still elect the first Black Man as President, yet protect our Nation from all the foibles of Congress and Obama at the same time.

Makes sense to me.

Thats why noone will do it.

We are the Angry old Men, Hear US ROAR, a poem by Charlie Champion

Saturday, October 25th, 2008

We are the angry old men

Hear us roar.

We are a lot smarter than we used to be.

Reality ,

Has forced us to learn the score.

Our bodies have gotten older

Sadly, thats no lie.

But we still have a great deal to accomplish

Before we are ready to die.

As a group we are highly adaptable..

We’ ve survived conflicts and war

Massive global upheavals

As well as social changes galore.

We’ ve seen economic boom

And we’ ve suffered economic gloom.

Our diversity has grown into a powerful steed

Our system has given us the freedom to succeed

There has always been one truth that is a constant through and through

Your skin color is irrelevant,

As long as you’re red, white, and blue.

Senator McCain Here is a winning strategy for you, No Charge

Thursday, October 16th, 2008

O K I’ve vented on your lack of fire.

Now here is the strategy that will win this debate, and run Obama out of the race.

You don’t want to attack your opponent.

Well you have other bigger fish to attack.

Ignore Senator Obama. Don’t mention him in any   attack mode.

But… there are bigger fatter  targets.

These targets have an approval rating even lower than Bush.

Attack Bush, Pelosi, Harry Reed, the Democratic Congress of the past 2 years. They fell asleep on the job.

Attack the Democratic supporters who lied about Fannie May, and Freddie Mac.

How About Chris Dodd. Chuck Schumer, Barney Frank.

How about the Black Caucus that fought so hard  to hide the poor credit risks that were being given mortgages, with no down payments, and no income checks.

Attack everyone who worked on this pork barrel $810 billion bailout.

Talk straight.

Be honest.

Ignore Obama.

Use the phrase courtesy of Savage. “Obamas economic policy will result in trickle up poverty.”

Senator McCain down the drain

Wednesday, October 15th, 2008

While you are being so politically correct about not saying anything that might help you win, please be extra sure not to mention Jessy Jackson’s speech in Paris yesterday.

Don’t say it too loud, but yesterday, Jackson said that when your opponent,  Senator Obama becomes president, the Zionists who have run  this Country for the past 30 years, will lose most of their influence.

He also stated that Americas steadfast support of Israel will be over, and a more even handed approach will be made to deal with the Palestinians, and the Muslims Worldwide.

Wow. I hope no one mentions  this. It might get some people upset. Might even make them want to vote for you Senator McCain.

You don’t want to win a debate or an election by antagonizing anyone.

Your Vietcong Captors might attack you in your dreams.

Or worse yet, you might help save your country from an inexorable turn to the left.

Heaven forbid.