Monday, July 30, 2012

Steve's barking at were would we be?


Let me see, I’m trying to figure out how many roads were built by private enterprise.
I’m trying to  out how many cars would have been sold if it wasn’t for government roads?
Let me see ,how did private industry start the internet? Oh that’s right it didn’t.
How were computers first used by private industry or did the government put a great deal of money into Univac, and IBM.
Why was this country sued by for unfair trade practices in the  70s and 80s for innovations on airplanes that came from our military?
 Why didn’t  private enterprise land on the moon, or and have a space program? What would have happened if we didn’t have a space program?  Does anybody  really think we would have cell phones?
 What about our universities, would they have been able to train the engineers and scientist who  are thinking up  the next the next great idea if it wasn’t for government money?
 What about all those business  outside of state run schools such as restaurants and shopping malls? Would they have a bigger profit if it wasn’t for government or would they have no profit at all? Or a business for that matter?
 I do believe that's what the president meant.

Thursday, July 26, 2012

Steve's barking why does the American right go after top investers

In ye old England there was a great investor named  Keynes. He made lots and lots of money investing in the stock market. Of cause the people who call themselves conservatives in this country said Keynes is dead. ( Yea he died the year I was born) Some even vilify him calling him a socialist or even worse a commie.
Yea I know it isn't because he was a great investor but the misinterpretation of his theories on government intervention (stimulus) during the time high unemployment. You would think the right would like the idea of lower taxes but for some reason that part of the stimulus package is ignored. They don't like the fact that putting money into the hands of the many to do useful work that the private sector wouldn't do, thus creating ability to pay for what the private sector does best. Of cause they believe in the employment fairy, and thinks  things can be bought with thin air.
Now in modern America there this gut named Mr. Buffett. Now all Mr. Buffett do was to say that those who make millions should pay the same percentage as his secretary. He was made fun of. Imagine being made fun of by people who have trouble tying their shoe laces.

I don't know why we call the right, the right when they couldn't be more wrong.  
It takes a left and a right wing to fly, so I really don't want to see the end of a right wing in this country

Wednesday, July 25, 2012

Steve's barking at awt

Now one can say that my wife is an angry black woman, but at least she gets things done.
Now what can one say about angry white trash, they get things undone. Their scared of anything that's new.
Who do I considered angry white trash, The Donald, lots of the commentators on cable news and financial shows and any other clod who whats to take the world back to before 1776.

I can't help but think of Issac Newton saying about countries economics, those who stay at rest tend to stay at rest (in other words nothing happens when one does nothing) and every  austerity measure has an equal but violent reaction.

*Newtons actually statement on the law of physics a body at rest tends to stay at rest, every action has an opposite reaction.

Tuesday, July 24, 2012

Steve's barking at the pendulum being broken

I remember back to my childhood and being taught about the pendulum of government being to big then being too small, well it wasn't exactly what I was taught. Anyhow just prior to the Reagan administration government regulation was ridiculous, or so I tend to recall. Now during and after the Reagan administration, we fell into the abyss of too little regulation creating Enron and other fraudulent companies. Now it would seem that after Enron and the collapse of our banking system, almost collapse? (Well if it wasn't for government we would be on the barter system, take that you haters of government).
Now you would think that anybody in their right mind would demand a greater role of government in our economy not less, but then the world has gone crazy.

When Enron collapsed all I kept hearing about the poor stock holders, nobody thought about the state of California, which suffered from brown outs do the corruption of this firm. How much money was lost (10s of billions to the private sector and who knows how much to the public). How many jobs were lost? Didn't they have AAA rating by the private rating agencies?


Every once in a while I really get goofy and semi-literate with my blog.   

Saturday, July 21, 2012

Steve's Barking at a Taxing Question

The way I see, I pay tax not only to three governments(Federal, State and City) I also pay tax to my local cable company. They intern give this money to program providers. Now I don't watch a lot of these channels, such as Fox Business, but my local cable company must pay these program providers per head even though people who buy the cable companies services don't want to see all the channels that they must get.
Now I know that I don't have to pay this tax, all I have to do is cancel my cable service. I would then miss out on my favorite things like sports. So breaking this down, in order for me to watch sports I have to pay for a service that I don't want. I have no choice in the matter, I'm being charged a tax that isn't governmental.
I help pay high salaries to people who have the lowest common sense.
Were are the Norquests screaming about this unfair tax? Oh that's right, it's alright to tax as long as it's not the government. 

Wednesday, July 18, 2012

Steve's barking as it's all Greek to me

Not to long ago I was watching on CNBC a program that reportedly was about the Greek financial crises.
I can't recall what most of the program was about, but what caught my ear was the female reporter asking these coffee shop owners or what ever these small business owners were owners of about government interference, and their answers were how they couldn't do anything because of government bureaucratic red tape. Now I may not be the smartest man in the world but I know that was the wrong question to ask.
The question that should have been asked was how are your customers going to pay for the services that you are giving.
 Now it doesn't take a smart person to figure what the real problem of the Greek financial crises was that not enough taxes were collected to pay their workers and retirees ( I know that this is foreign to a lot of people) There just wasn't enough work for the Greek citizens to support themselves in the private sector and the employment fairy was and is not in sight.

 The United States is going to have food inflation the end of this year and at least good part of next. It has nothing to do with markets, it has everything to do with a drought.. I'm sure that some nimrod on the telly will puff up his or her chest, proclaiming, see I told you printing money leads to inflation.


Classic economics too much money chasing too few goods (food).
I could be wrong Russia and Argentina may make up for the short fall.

Steve's barking at no no Sununo

John Sununu is quoted as saying that he wished this president would learn how to be a real American.
OK what is a real American?
Is it the millionaire who's afraid that he might be taxed to the point that he will not be a billionaire?
Is it the dude who bows down and kisses the feet of those billionaires?
Is it the fool who who believes in some elites pigs know it all?
OK What does Johnny come lately Sununu mean.


John Boehner is quoted as saying that Obama doesn't care about the middle class.
Ok who does the speaker of the house think the middle class is?
I do believe that he was talking about the unemployment rate?
Doesn't he realize he part of the party that doesn't  believe that government jobs are jobs.   

Sunday, July 15, 2012

Steve's barking at stupid is as stupid does

What is the meaning of stupid is as stupid does?
Beats the sh*t out of me.
Do any humans really care when Mitt Romney left Bain Capitol?
The president's political team did something right, they put the Challenger on the defensive.
I know what this immature would do if I was part of the Romney election team.
I would get as many heads of firms stating in front of camera stating that I hired x amount of Americans because of the money from Bain when Romney was running the country.
Lucky for the Democrats I have no say in the Romney election team. Lucky for me.

I voted for Barack Obama in the democratic primary and he won, then why do we have a Clinton administration when she didn't even win the primary.

Let me try to understand this, it's a good idea to antagonize a country that holds a trillion dollars (give or take 100 billion) in US debt.Isn't that like kicking a pit bull in his family jewels? Like he's not going to bite you.

Why wasn't the test of Private Vs Public Walter Reade Hospital. The privately run part of the hospital was in disrepair the public was run like it was possible the best hospital in the United States. Now Sara Palin complained about the public sector (I understand her father was a school teacher)and she had a son n the army, taking that reasoning she would have wanted her son if injured to go the private Walter Reade. My guessing is that momma grizzlies eat their young.

Friday, July 13, 2012

Steve's barking at Mitt Roosevelt

Who the h**l is Mitt Roosevelt?
Is he the guy who like Franklin Delanor Roosevelt complains about the present day president and the balancing of the budget then goes about giving the greatest stimulus package ever saving the nation.
Any BS to win  an election, then does right thing. Or is he really Mitt Reagan, dogmatically conservative (Ronald) the man who almost destroyed the economy (in the forgotten Wall street panic).
Who is the real Mitt Romney?

Tuesday, July 10, 2012

Steve's Barking at Turn off the lights

No matter how much money the Democratic Party spends this year the're going to be outspent by the Republicans, maybe as high as two to one.
Whats the party of my youth suppose to do? Turn out the lights and go home? Or maybe they can do something they haven't done since before Nixon, think and be smarter. I'm sorry I forgot about the Clinton campaign, but that was an ab-oration.
Just think of the last off year election, the democrats ran against a group that threaten to cut off unemployment, when the unemployment rate was over 10%. They ran against people who threaten to end Pell grants. They ran against a party were many of it's members called Social Security a Ponzi  scheme.
Those who would be effected most stayed home in droves.
Now I asked myself why. The only answer I could come up with is that the Democratic Party failed to educate it's natural constituents. In other words it didn't scare the hebe jebes out of people who have a vested interest to vote for them.

The theme of this election should be those who believe that government should do everything in power to help all the people and by doing so even the rich will get richer (raising tide lifts all boats) versus those who believe that the government is the enemy, and the employment fairy is just around the corner.

I do believe that the democratic party must educate those in rural America that they would still be without electricity if they were waiting for private companies to bring electricity. Maybe the democratic party should educate the whole country that we would have been one hungry nation if we did not have farm subsidies and government built dams.
Ask those who believe government is the problem how many cars would be sold if it wasn't for government built roads.

Maybe the democratic theme songs should be if it wasn't for government (Cue Donna Summers) Turn off the lights sweet baby, then fade to black.
  

Monday, July 9, 2012

Steve's Barking at I know you are but what am I

I remember the old saying that kids you to say especially when they were being put down.
I'm rubber your glue, what ever you say bounces off me and sticks to you.
Not too long ago I was reading a piece by the Bronx Tea Party chairman who would claim that those who had proof that there statements were wrong would say that person is a socialist or associated with communist so there organization can't be trusted and the words can't be trusted. As I read his piece I couldn't help but thinking of the childhood statement I know you are but what am I.
This country, no make that this world needs bold action. These actions are to be done by governments and by you and me, the guy behind the tree isn't going to do a damn thing.(translation governments and individuals can be trusted to create jobs, corporations can't, and austerity can be a job killer).
Were did I get that from, must be my hanging out with other union activist.


The phrase not you, not me but the man behind the tree was credited to Senator Russel Long when asked who was going to pay to for public works in Louisiana, he made that statement.

Saturday, July 7, 2012

Steve's barking what is the German model?

I'm beside myself trying to figure out what the German model is as far as the Euro Zone is concerned.
My understanding is the other counties in Europe are Germany's biggest trading partners by far and away, and the trading is uneven with the Southern Europe importing more then they export to Germany. Now logic would tell me that Germany would do everything in their power to help their European brethren to buy their products, include loaning or even giving grants to help with the cash problem that these counties have.
But noooo, they insist that these countries have humongous  austerity measures.
Is it because no one helped them with the unification monetary crises they had when Mr Gorbachev let the wall be torn down. Is the German government pissed off and is cutting off it's nose to spite it's face.
Are they trying an experiment to prove how austerity in one country can destroy the economy in another country that is on sound footing. 
Is Germany trying to show that they can behave like idiots, just like the rest of Europe did after world War One?
Do they think that by forcing drastic austerity measures they can colonize the rest of Europe? ( If that being the case look out for the American revolution of Europe). 
Then again I'm clueless for asking these foolish questions!

Thursday, July 5, 2012

Steve's Barking at writing Pres Nixon

I do remember the time I wrote President Nixon, stating that I thought getting completely off the gold standard was the wrong thing to do. It would be the ruination of our economy.
The reason I'm writing this now is to prove to myself that one can write to the head of the U.S. government to complain and not feel threatened by retribution even by one who was known to have an enemy list.
The other reason I'm writing this is to remind myself stupid I am sometimes when it comes to economics.