Steve's barking that some times 1+1 doesn't = 2

Lets say that there is two pies on a shelf , each pie can be cut up into eight pieces. One of those pies has only seven pieces, we still say that there are two pies on the shelf even though one of those pies is
seven eight of  a pie. We generally don't say we have one pie plus seven eight of a pie, we say we have two pies even though we couldn't feed sixteen people with the two pies.
Now I say this as a reasoning for those people who claim that Social Security trust fund is insolvent, look at what OMB put out. I happen to be surfing the web when I saw some senator question some one from Social Security administration claiming that accourding to OMB there is a zero some ( or something like that) what is owed the trust funds bonds and what can be collected.
I've written it in past post and I'll write it again if the Social Security trust fund is bankrupt then there is no money to pay those of us who bought saving bonds, or for that matter those who bought thirty year bonds. We're can we get the money? Raise taxes, sell off assets, print it.

To all those Wall Street Journal reporters, no nothing congress people who believe that we can't pay our debts I only have one thing to say yes we can.

Steve's barking, the US lost out because of the end of the Cold War

We in the US have this mistaken belief that the end of the Cold War was an important economic and social win for the United States. I Ofcause beg to differ. With the collaps of the Soviet Union we lost one of our greatest competitors. When one has no comtition one tends to get fat and lazy with innovation few and poor just like Microsoft when it destroyed it competitions programs.
With the Cold War America was more socially just, we just had to prove that our way is better then our competion, now our politicians just don't give a --- .
During the Cold War you would hear of the great deficit, but reasonable people just ignored it. Now reasonable people make like it's the most frightening thing since the atomic bomb. Every time they hear the words public deficit they want to duck under their desks' and cover thier heads never mind the other terrible bombs out there, pension and social security. Oh I almost forgot the aging of America and the Medicare bomb.

Now I ask you my friends and enemies if the Soviets hadn't left Afganistan would we have been attacked by Islamist extremists on Sept 11th 2001? I don't think so.
It maybe true that America may have won the Cold War but lost the peace.

Steve's barking at simple economic explanations for simpletons

Lets start with the premise that the low interest rates on a car loan isn't making the price cars go up.
Now taking this a step further low interest by the Federal Reserve does not cause the price of anything to go up.
Lets ask a simple question, in a house hold that pays more in goods and services then takes in from salary but has other income that helps cover the cost is that household running a deficit? The US is paying out more then it takes in from taxes, but it gets money from an outside source known as the FED how much of a deficit are we running?
Can one call Calvin Coolidge one of the top presidents because of the economic expansion that happened during his administration or do we blame him for the economic contraction?
Can we call Bill Clinton a great president for the economic expansion that happened under his watch, or do we blame him for the collapse of the housing market (seven years later) as some do.

Some easy rules:
Inflation is be based on supply and demand.
The sole reason for businesses are to make money.
Believe it or not government creates more jobs then it destroys.
Believe it or not,the US government is not the biggest hindrance to capitalism other capitalist are.
Money shouldn't be finite, the population is expanding, so should the money supply.
Those fiscal conservatives  who worry about government deficits shouldn't put money into banks.


 

Steve's barking at fantasy inflation

I've read in more then one place that the FEDs printing electronic money will lead to runaway inflation.
Now I've written it before so I might as well write it again noooo printing of money in itself  does not lead to inflation despite what the majority thinks. Some I the the majority I have only the highest regards for in what they think and what they say, but in the case of inflation money if it's printed or not doesn't lead to inflation. The truth be told most inflation is caused by supply ands demand.
If a person got excess money they can do several things with it, like save,spend or invest.
Now things like drought, producing products that lose money there by making it unprofitable to run a business would cause inflation.  Even products that were there that became unpritable  causes inflation. If one doesn't believe me, just look at some rental housing that had to be abandoned and there was still a need, didn't the price of renting go up?
The electric inferstructure in the North East was devastated isn't the price of electricity going up? Isn't the rise in the price of electricity going to put pressure to raise the price of manufactured goods, and meals in resteraunts?
 Sorry Charley, inflation is primarily caused by lack of goods and services not by the fantasy of printing money.

Steve's barking sticks and stones

What's wrong with my the society that I live in, when calling someone a homosexual (?) gets equal com damnation with physically and verbally assaulting players on a college basketball team.
If I was the father of a player and I found out that coach Rice had thrown a basketball at my sons head or that he pushed or kicked him, if I didn't personally go down to the campus and beat the sh-t out of him, I would have sued him and the school. If the coach had done that in the street he'd be in jail.
Calling some one a name to motivate him is no were as reprehsible as possibly causing some physical
injury.

Steve's barking at work, what is hard work

Problem, what is hard work?
Is it the comedian who does stand up..
It seems easy to those who don't do it. How many people like to judged on their work in the present.
I remember in my youth I wanted to be a profession athlete, now out side of not making that good money I'm glad I don't have millions of bosses (fans) looking at the job I'm doing and criticizing every thing I do.
At one time I had this crazy idea that those big hulks who were doing road work were not doing there job, now I realized what an idiot I was, those guys work really hard and it's a shame that fools like me take them for granted.
Farmers are hard workers and despite what one may think they are just as harder worker as those farmers who didn't have the labor saving devises that they have now. No their bodies don't have to work as hard but their brains works harder.
Is being an auditor or an accountant a hard worker or is it just good enough just to have great skills.
Now I know that most of those news and money commentators have a problem doing anything but snooze work ( sleep walking through there jobs).

Steve's barking at be happy no worry you got work to do

There is a prevailing view that those who have a job should be happy, even though it hardly pays the rent. Never mind that transportation cost keep going up to get to the job (every one should walk to their job, it's healthier). The cost of vice is going up due to government intervention.
This is true almost universal. Be happy, low wages are the coming rage, after all were in a global economy with global competion, don't worry, be happy, for if you don't like we can always import workers.