The end of Capitalism

The end of Capitalism

It’s been awhile since I’ve written anything and I guess it’s because I’m in shock at what is happening to our great country and the overwhelming silence of the media and the Republicans. What is history going to say about this time period? How we were so selfish and self centered as individuals that we said nothing, did nothing and looked the other way as we let one man destroy our country?? What is it going to take to get you to do something? When was the last time you called or wrote or spoke to a congressman? Are you more concerned about the “security” of a job than the freedom of your kids and grandkids? In the 1930’s we saw one man’s rise to power ending the lives of 20 million people and now we are seeing another man’s rise to power ending the hopes, dreams and freedoms of 330 million people, not to mention the destruction of the greatest country ever.

In less than 90 days one man has spent more money than 330 million people will earn in the next 20 years. However, surprisingly enough, I had the “privilege” of hearing an “educated” colleague from New York tell me last week that he didn’t think this man was spending “enough” money. Needless to say, I was urged to leave the restaurant because of the volume of my voice during my rebuttal. It is time we step out of our comfort zones and stop being so damn quiet. Our country, our liberty, our freedom and the free enterprise system as a whole is under assault. We are at war and we are LOSING!

One man has taken over the financial and auto industries without a single cry from the media or Republicans. I promise you, if Ford can remain free of the Government’s insidious bailouts and produce the cars that “people” want to buy and not the cheap little electric unsafe green hybrid crap the Government thinks we should buy, they will be 10 times more profitable than Government Motors (GM). Actually this will be great to watch; free enterprise versus government interference. Just wait, we will be bailing out GM for years with the promise that profitability is just around corner. GM will be forced to produce a bunch of crap that nobody wants to buy except those under the delusion that global warming is a truth not a myth. The losses will mount as we subsidize overpaid union wages and benefits to retired workers for the next umpteen years. Ford on the other hand, if they remain free, will produce the cars and trucks that will actually sell at record levels resulting in record profits.

Moving forward. I got a letter in the mail yesterday from Lindsey Graham supposedly our “republican” senator here in S.C. It stated that nationalizing the larger banks, i.e. Citi and BofA might be required to recoup taxpayer dollars. His rationalization is the COST of the bailout has exceeded the current VALUE of these enterprises. Hmmm, why doesn’t he just mark to market the government’s investment, as everybody else is required? Yes I intend to and will respond to him…

And finally, last night on the local news they show a bunch of misinformed adults calling for the impeachment of Governor Mark Stanford because he DOESN’T want the federal stimulus money. And if he HAS to accept the money he wants to pay down the state’s debt, which the White House said NO you can’t do that. We have ONE fiscally responsible official in government and a bunch of entitlement minded adults want him impeached!! It’s a sad state of affairs in this country. I’m looking forward to the elections in 2010 and 2012. Until then, God Bless!

Art

IS THIS REALLY THE WORST ECONOMY IN THE LAST MILLION YEARS?

For the past year all I have heard from all the experts is how this is the worst economy since George Washington. So the research staff here at “The Art of It” did some digging. Back during the President Jimmy Carter's administration of the late seventies, the media came up with the misery index (inflation rate + unemployment rate) to measure just how bad things really were. President Jimmy Carter's numbers from 1977 to 1980 were 13.6%, 13.72%, 17.02% and 20.68% respectively. In contrast, President Ronald Reagan had numbers from 1981 through 1988 of 17.95%, 15.86%, 12.82%, 11.8%10.75%,8.91%, 9.86% and 9.85%respectively. Notice a trend here??

I went all the way back to 1930 to the Great Depression and found the highest misery index occurred in 1934 at 24.8%. So how were the last 8 miserable years of George W. Bush you might ask? Could this really be the so-called worst economy since the great depression? His indexes were as follows: 7.53%, 7.39%, 8.27%, 8.18%, 8.49%, 7.84%, 7.45% and 9.65%, with an average of 8.1% over 8 years. Now for the life of God, can somebody please explain to me how the last 8 years have been the worst economy in the past million years?

In addition we summarized this data by political parties to see which party produced a better economy. The democrats had an average misery index since 1930 of 11.2% and the republicans came in at 9.4%. So the conservatives average almost 20% lower inflation and unemployment under republican leadership. Also as a point of reference, the AVERAGE misery index since 1930 is 10.3%. So George W’s highest misery index of 9.65% in 2008 is BELOW the 80-year average. Again how was this the worst economy in the last million years???? Maybe they are just preparing us for the next four years?

God Bless, Art

Truth

TRUTH

It seems we are living in an age where style and image have become more popular and important than substance and character. Where what is said is more relevant than what we do. That it doesn’t matter what we do, as long as we look good doing it. That it is ok to “talk the talk” but not “walk the walk”. That we should be judged by our intentions and not our deeds. That mediocrity and just getting by are the norm. That achievers and producers of our economy should be punished and those who sit on the sideline of life and complain should be rewarded. Is this the America you want to leave to your kids and grandkids? Will somebody please have the guts to stand up and state the obvious, which is WELFARE, doesn’t work, hasn’t worked and will never work! The Bible says if you don’t work you don’t eat. Can it be any simpler than that?

Will somebody stand up and tell the President that public spending in excess of receipts is not STIMULUS. Obviously this administration has no desire to actually pay for any of this spending and its intent is to grow government and eliminate our freedoms. Creating class envy and redistribution of wealth has now reached epic proportions. I never thought I would to live to see the government of the United States of America try to control the Finance, Health, Energy, Education and Auto industries.

The Good news out of all this you might ask? We have an election in 2010 and I’m predicting right now you will see a conservative tide sweep this nation. And this time I hope we elect some conservatives who don’t give a crap about the drive-by media and the six o’clock news. This time I hope the elected conservatives will stick to their principles. It’s our job to hold them accountable. The revolution has started and so have the tea parties. Wanna join?
God Bless, Art