Friday, July 9, 2010

Steve's barking at NYS Attorney Generals Office

The papers of New York State are given credit to Attorney General Cuomo as to Pension abuse or as he tried to put it overtime abuse to pad the pension.
I've read the press release, and I've seen the report. As an ex-auditor let me say that it's a simple desk audit that at best 75 hours should be allocate to this audit. That's right audit, not an investigation which should be what the Attorney Generals office should be doing.
Did the Attorney General discover any fraud? The answer is a resounding no. Did it get the general public  riled up against government workers. The answer is a resounding yes.
If he was looking for fraud he would have to allocate 10000 hours to compare every former worker who is getting a pension was on the payroll prior for five years prior to requesting a pension.
Was an investigation underway to determine if that overtime wasn't needed in those departments that were giving it.
Nothing in the audit indicated how much over time was given in the departments five years prior to looking at  those former employees who received overtime in large excess then previous years.
None of those who received overtime that help give the ex-employees did anything illegal contract and civil service law grants the way overtime is metered out. The Attorney Generals office should know that.
The fact that the report later states that contracts are the reason the way overtime is metered out.
Audits like these are the job of the comptrollers office not the Attorney Generals Office.
This audit coming out of the Attorney Generals Office is a total waste of money. One can draw the conclussion that Andrew Cuomo is pandering to the lowest members of the voting public.

Tuesday, July 6, 2010

Steve' barking at people who are afraid of government spending.

Here we go again.
I just happen to be surfing on the boob tube and saw one of those financial networks.
A person was on the show who ran a business. Now this genius kept complaining about the deficit and how it will hurt business. Now I'm not saying this person is just lucky at running a successful enterprise but unless more people are working with  a much higher disposable income then is now in place there is  a 50/50 chance that in ten years from now his business will be extinct. Maybe I'm just a Keynesian at heart but just keeping tax low just ain't going to do it. Government is going to have to spend including helping states with their budget deficits. If we don't spend the private sector will be in as big of trouble as the public sector.In order to sell a product besides a demand there has to be a way for to pay for it.

One of the things that those sharp business people who complain about government spending will make the deficit worse are in fact setting up a larger deficit compared to GDP.  
It maybe a difficult conception  the deficit will get worse while government spending  is lessened.   

Saturday, June 19, 2010

Steve's barking at who's responsible foul up in the Gulf of Mexico

Just who responsible that the oil spill isn't being cleaned up ion the Gulf of Mexico?
Well let me tell you. It's the ghost of Ronald Reagan.
 The old mighty great communicator's came down from the heavens and prevented the the US government from doing it's duty. His ghost proclaiming that government shouldn't do it's job after all government is the problem. His chorus better known as the Reagan disciples would  scream Business knows what it's doing and government can't even run the postal service.
Now we all know that after Reagan no politician or almost no politician would dare tell the watchdog agency to do there job and the more gravies office holder would get legislation past, weakening these agencies were one has to wounder why they exist.
 The ghost of Ronald has a strong hold on this nation an as long as we areafraid to do anything to protect the citizen from foolish behavior we are going to have oil spills, lousy health care, and an economy that will be almost at death's door.   

Sunday, June 13, 2010

Steve's barking 1 plus 1

We all know that one plus one equals two, but what if a group of children were taught  that one plus equals three? What would happen if this became widely excepted?
Now the people who know better would make fun of those who believe that one plus one equals three and those who believe this would attack those who don't as socialist or even worse communist or what ever ist that group is scared of.
The one plus one = three would then ask  those who believe that one plus one =  two to prove it. This would be an almost impossible thing to do, so therefore one plus one now equals three, screwing up all mathematical equations and bring anarchy to the world.
Welcome to the world of history and economics.

Friday, June 4, 2010

steve's barking at the recession.

We are out of the recession. How do I know this? I turn on the Boob Tube and those commentators on those business networks tell me so. They tell me that the economy grow by 1 tenth of 1 percent this quarter and some other ridicules  number the quarter before this and the quarter before that.  They also mentioned that the recession started when we had three negative quarters in a row.
Now we called this thing a recession because we didn't want to call it a depression, a depression being something that's really terrible. We call a depression a depression because we don't want to call it a panic like the really old days, that's more ominous then a depression.
What would  happen if we decided to call it a mild recession if unemployment hit 5% real numbers not government numbers, over 7 %  recession and over 10% a deep recession and over 13% real numbers an oh no depression.
Put that in your pipe you modern day economist and smoke it.

Saturday, May 22, 2010

Steve's barking at history

History!
The wise guys tell us that we study history so we don't repeat the mistakes of the past.
The really wise guys will tell you that most history is really fiction.
Now I know that Willie Mays had a career batting average of 302 and Mickey Mantle had 299 batting average. Now what kind of mistake will we not repeat by knowing those statistic.
Now I'm assuming that 99 percent of those who study world history will tell you that the free printing of  the German Mark during the Wiemar Republic  caused the greatest inflation known to man. The truth of the mater was the other way around because the German government couldn't buy anything because they owed the rest of the world respiration for World War I. They had no real money and had to print money to pay for the inflated prices of goods and services. The reason I'm bring this up because we think we know history i stating that Europe is going to have high inflation along with high unemployment, the reason is they believed the fiction that is mistaken for history.
We in the United States can't be to smug at the Europeans we believe in fiction for history too.
Lets take the economic history that Paul Volcker stop inflation and ended high unemployment because of his stubbornest.
We seem to forget that the Iran, Iraq War was going on, forcing those two forces to flood the market with oil. We also secretly were selling arms to both sides. These arms were made in the good old US of A.
( I do believe that we are an oil society and the best thing we can do is get oil from a stone).
 My other problem with history is some of the fools who teach it. I don't know about other countries but in this country we have people like Newt Gingrich who either doesn't know much about our history or knows about but twists it for his own twisted purposes. Every times I hear him speak I keep telling myself I didn't learn it that way.
Every time I decide to torture myself and put on Fox news, I hear there commentators talk about history that is more like Grimms fairy tales then history. The only thing I have to say about this predicament is that the word education system is failing the world.



 

     

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Thursday, May 6, 2010

Steve's barking about Times Square Bombing

Over this past weekend some fool decided that it would be a good idea to have an explosion in Time Square. Now it's been reported that the bomb was kind of amateurish, but if it had worked which according to news reports would have had a devastating effect killing and maiming many people.It's also been reported that the would be bomber got his training in Pakistan by the Taliban. If I'm understanding this correctly the Pakistan Taliban are amateurish.
 Now we have many heroes in this attempted bombing, but we would have had a even greater hero if some one had stop this would be terrorist when he was getting out of his truck( or what ever it was that he was driving) for if the bomb wasn't a  dud there wouldn't be any heroes. What's with our cameras in the area. Didn't they pick up that something was strange that some dude gets out of his vehicle in the middle of of the crossroad to the world and just leaves it there. I tried to drop my daughter at the port authority and a policeman shooed me on.
 As far as Muslim terrorist are concern, I just don't get it, there actions make it harder for them to convert non-Muslims. Also they are killing devout Muslims at a far greater number then us so called infidels. These so called jihadest seem to care more about the image of a profit then that of Allah (God as we infidels call him). For isn't it a fact that he made man in his own image.