Political Angst In America

Location: Pantego, Texas, United States

Monday, October 11, 2010

I see a lot of Democrat spinners on TV who proclaim that "Bush tax cuts" caused the financial meltdown in 2008, a theory that few if any economists embrace. Democrat talk show hosts also claim that mortgage loans to people who couldn't afford the houses they were buying was not much of a factor in the financial crisis, but to the extent it was a factor, the fault was with the bankers who made the loans. Now Democrats face election losses because the bad home loans are still a huge drag on the economy. The Democrats deserve their fate because, in fact, they, through bank regulators, forced the bankers to make half of their mortgage loans to minority people who got most of the subprime loans.

Obama said he was going to restore science to its proper place in government. Then he appointed John Holdren as his science advisor. Holdren has some rather bizarre ideas, particularly with regard to population control. Here is a discussion of some of Holdren's recommendations and predictions. I recall that Holdren also had the idea of putting a birth control substance into the water supply. The appointment of Holdren showed that Obama was interested in real science. After two years it is obvious that Obama's idea of good science involves claiming that science demands that the policies he wants be enacted; Obama is not interested in facts or data. After all, facts as messy things and may not support what he wants.

Friday, October 08, 2010

There is a lot of discussion by politicians and "talking heads" on TV about how companies are sitting on cash rather than investing it. I don't hear any speculation that the creative people may have "gone Galt." This seems like a real possibility to me since it is apparent that the "Looters" and Moochers" are now in total control of the government. Maybe the left-media folks haven't read Atlas Shrugged.

Wednesday, October 06, 2010

Jerry Brown pulled the trigger on his "October Surprise" right on schedule. I have a hard time understanding the issue. Meg Whitman had an illegal alien maid for many years. The maid had lied about his citizenship status, and was fired after it was determined that she was in the country illegally. Brown says that Whitman should quite whining, "apologize and move on." I'm trying to figure what Whitman should apologize for. I guess for being duped. Brown's message would seem to be that no one should hire a person who appears to be a Mexican without a thorough background check. That would not seem to be the message his supporters would like. Brown's "October Surprise" appears to be working in that Whitman has lost support. This whole "October Surprise" phenomena is curious to me. I can understand that Brown does not want to run his record since he is largely responsible for California's financial woes dating from his previous term as governor. I wonder why people are swayed by things that have nothing to do with public policy. I think the entire issue reflects badly on Brown because the maid has admitted that she committed a crime by using a false Social Security number, and is subject to prosecution.