The White House Council of Economic Advisers today proudly praised the $787 billion stimulus program, claiming that it had created or saved 2.5 to 3.6 million jobs. Without bothering to debate how the Council arrived at its estimate of jobs saved or created, lets take the average of their estimated jobs (3.05 million) and divide by the cost of the stimulus program of $787 billion.
The government cost the taxpayers $262,333 to “save or create” each job. Putting aside the obvious nonsense that the government can “create” jobs, if the government continues to “create” jobs in this manner, the country will soon be bankrupt.
Based on the Council of Economic Advisers’ math, we could recover the 8 million jobs lost over the past 3 years at a cost of only $2.1 trillion dollars!
Some more fun facts:
The $787 billion “stimulus” program cost each of the estimated 105 million households in the US $7,495.
The average median household income in 2008 was $52,029.
One certainty is that the average American household would have spend the $7,495 much more wisely than government bureaucrats. The other certainty is that the government’s public relations effort praising the stimulus plan is just another waste of taxpayer time and money. According to the New York Times:
The latest CBS News poll found that almost three-quarters of Americans said the stimulus had not improved the economy. Unemployment remains stubbornly high, at 9.5 percent, with few signs of improving in the short term. The reluctance of businesses to add jobs has weighed on other parts of the economy and there are signs that growth has begun to slow.
Aside from wasting $787 billion of the taxpayers money, the next most tragic part of this story is that the government continues to ignore the wisdom of the American people, and continues to insist that the program was a success. Joe Biden, regarded by many as the biggest buffoon in Washington, had this to say - “I am absolutely confident we are moving in the right direction, absolutely confident”. This statement should be more than enough to terrify most clear thinking Americans.
Statements made by an absolutely confident Herbert Hoover on the eve of the Depression:
August 11, 1928 - “Unemployment in the sense of distress is widely disappearing. . . . We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poor-house is vanishing from among us. We have not yet reached the goal, but given a change to go forward with the policies of the last eight years, and we shall soon with he help of God be in sight of the day when poverty will be banished from this nation.
November 1929 - “Any lack of confidence in the economic future or the basic strength of business in the United States is foolish.”
January 21, 1930 - “Definite signs that business and industry have turned the corner from the he temporary period of emergency that followed deflation of the speculative market were seen today by President Hoover. The President said the reports to the Cabinet showed that the tide of employment had changed in the right direction.”
Government Thwarts Oil Cleanup - Incompetence or Calculated Political Decision?
It has been over two months since the Deepwater Horizon oil rig exploded and sank in the Gulf of Mexico on April 22, 2010. Estimates of the amount of crude oil gushing into the Gulf range from 60,000 to 100,000 barrels a day causing an ecological disaster along the entire gulf coast. As residents fume about the slow and nonchalant government cleanup efforts, logical minds are beginning to wonder why the government does not take some common sense efforts to facilitate the cleanup.

DEEPWATER HORIZON
A Government intent on facilitating the cleanup and mitigating the huge environmental damage of the oil spill would address the following:
Speculation on why the government has reacted at a snail’s pace in addressing the Gulf oil disaster center on basic incompetence and at worst, a calculated political decision. Consider the following from the Wall Street Journal:
As the government fails to implement such simple and straightforward remedies, one must ask why.
One possibility is sheer incompetence. Many critics of the president are fond of pointing out that he had no administrative or executive experience before taking office. But the government is full of competent people, and the military and Coast Guard can accomplish an assigned mission. In any case, several remedies require nothing more than getting out of the way.
Another possibility is that the administration places a higher priority on interests other than the fate of the Gulf, such as placating organized labor, which vigorously defends the Jones Act.
Finally there is the most pessimistic explanation—that the oil spill may be viewed as an opportunity, the way White House Chief of Staff Rahm Emanuel said back in February 2009, “You never want a serious crisis to go to waste.” Many administration supporters are opposed to offshore oil drilling and are already employing the spill as a tool for achieving other goals. The websites of the Sierra Club, Friends of the Earth and Greenpeace, for example, all feature the oil spill as an argument for forbidding any further offshore drilling or for any use of fossil fuels at all. None mention the Jones Act.
To these organizations and perhaps to some in the administration, the oil spill may be a strategic justification in a larger battle. President Obama has already tried to severely limit drilling in the Gulf, using his Oval Office address on June 16 to demand that we “embrace a clean energy future.” In the meantime, how about a cleaner Gulf?
Thomas Jefferson, primary writer of the Declaration Of Independence, explains why the American Colonies viewed separation from England was inevitable:
Believe me, dear Sir: there is not in the British empire a man who more cordially loves a union with Great Britain than I do. But, by the God that made me, I will cease to exist before I yield to a connection on such terms as the British Parliament propose; and in this, I think I speak the sentiments of America. - Thomas Jefferson, November 29, 1775
Courtesy: wikipedia.org
Thomas Jefferson argued that:
Parliament was a foreign legislature that was unconstitutionally trying to extend its sovereignty into the colonies.
With American public dissatisfaction and revulsion for Congress at all time highs, would Thomas Jefferson view today’s imperially elite rulers in Washington to be the modern day equivalents of King George?
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights,[71] that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.
Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which, would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.
We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.
July 4, 1776
Fifty-six delegates eventually signed the Declaration:
President of Congress
New Hampshire
Massachusetts
Rhode Island
Connecticut
New York
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New Jersey
Pennsylvania
Delaware
Maryland
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Virginia
North Carolina
South Carolina
Georgia
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Happy Fourth of July, 2010!
America At War - Again
Does being elected President of the United States somehow turn an otherwise normal man into an aggressor, eager to engage American armed forces into unnecessary wars? Consider the following:
The White House last week announced substantial increases of troops bound for Afghanistan and plans to increase training and foreign aid both in that country and in neighboring Pakistan.
Obama said Al Qaeda and its allies would be pursued aggressively but that did not mean that ground troops would enter Pakistan.
Wars are a horrific waste of economic resources and human life, yet the powers to be seem eager to “project our power” by engaging in needless and useless conflicts. What exactly is our strategy and exit plan with Iraq and Afghanistan? The lack of a c0herent strategy for conducting two wars that we cannot afford and that seem to be without purpose seem certain to backfire on the Obama administration at some point.
WASHINGTON — A majority of Americans say the war in Afghanistan is not worth fighting, according to a poll released on the eve of that nation’s elections.
An ABC News-Washington Post poll found 51 percent who said the war was not worth fighting, while 47 percent said it was worth it.
Three years ago the U.S. had about 20,000 troops in Afghanistan. There are expected to be about 68,000 by year’s end.
The cost of our two wars in Iraq and Afghanistan have reached $900 billion, $675 billion for Iraq and $225 billion for Afghanistan. I bet you thought we had taken our troops out of Iraq based on press coverage. You would be wrong. We still have 135,000 troops there, only down 30,000 since the surge. In the meantime we have escalated our presence in Afghanistan to 55,000 troops and there are serious discussions to bring that up to 100,000. We will reach $1 trillion for these two wars and what have we accomplished? I’d love to hear from my pro-war friends on this site with concrete benefits that we have achieved for $1 trillion. No democracy in the Middle East bullshit, because that is a lie. Could this $1 trillion have been spent in a better way? Or better yet, not spent at all.Obama campaigned that he would end these wars. Another lie proving that the Military Industrial Complex is all powerful. His budget actually increased for the military.
The top U.S. commander for Afghanistan called the situation there “serious” but salvageable, in a sobering assessment issued Monday that is expected to pave the way for a request for more American troops, funds for Afghan forces and other resources.
This year, tens of thousands of additional U.S. and allied troops have flowed into the volatile country, bringing the total to more than 100,000, of which 62,000 are American. Casualties among troops have risen to their highest levels since the U.S. military overthrew the Taliban government in the fall of 2001.
U.S. strategy — protecting the population — is increasingly troop-intensive while Americans are increasingly impatient about “deteriorating” (says Adm. Mike Mullen, chairman of the Joint Chiefs of Staff) conditions. The war already is nearly 50 percent longer than the combined U.S. involvements in two world wars, and NATO assistance is reluctant and often risible.
The U.S. strategy is “clear, hold and build.” Clear? Taliban forces can evaporate and then return, confident that U.S. forces will forever be too few to hold gains. Hence nation-building would be impossible even if we knew how, and even if Afghanistan were not the second-worst place to try: The Brookings Institution ranks Somalia as the only nation with a weaker state.
Genius, said de Gaulle, recalling Bismarck’s decision to halt German forces short of Paris in 1870, sometimes consists of knowing when to stop. Genius is not required to recognize that in Afghanistan, when means now, before more American valor, such as Allen’s, is squandered.
Our Government has provided no rationale explanation for being at war in Afghanistan. How exactly is the national interest being served by expending lives and resources in a war with questionable objectives that cannot be won?
The idealistic notion of “nation building” is absurd in a country that has never had a functioning government. Is the United States prepared to spend trillions of dollars over decades to help a country that can’t help itself? The United States still stations hundreds of thousands of troops in Korea, Germany and Japan, six decades after World War II ended. Why not do some “nation building” at home? It’s time to pull the plug on this ill conceived and useless war.
Public Angst Grows
Recent polls indicate increasing disaffection with the economic and social policies being forced upon the American public by the controllers in Washington. The American public thought that they voted for “change” but what we seem to be getting is micro management and obtrusive government interference into our lives.
The imperial Washington power structure seems oblivious to the fact that most Americans do not trust their government and believe that their financial situation is being made worse, not better, by government policies.
Here are the results from the latest polls that are beginning to show a major disconnect between the average American and an out of control power elite in Washington who believe they know “what is best for us”.
Why Obama’s Ratings Are Sinking
Instead, Gallup reports that disapproval of the president’s economic policies has grown to 49% in July from 30% in February. Even among the president’s core supporters, young people in the 18-29 age group, his overall approval has dropped 11 points since January.
Dissatisfaction is spreading into open protest as members of Congress try to explain the president’s policies to the public. Angry voters have engaged in high-profile confrontations in town-hall meetings around the country over a proposed health-care overhaul that protesters complain is unaffordable, socialistic, incomprehensible, and which their representatives have not even read.
The president’s sinking approval ratings are due precisely to his administration’s free-spending ways. In a July 2009 Gallup poll, the No. 1 reason for disapproval of the president’s economic policies was, literally, “spending too much.” In second place was the worry that the president is “leading the nation toward socialism” through government takeovers and bailouts.
In January 2009, the Pew Research Center asked about 2,000 Americans, “Do you think the government does more to help or more to hurt people trying to move up the economic ladder?” Amid the most frightening economic crisis in decades, more Americans still said the government would hurt than the number who thought it would help (50% versus 39%). Independent surveys from roughly the same period found that only one in five Americans believed he or she could trust the government.
Citizens will put up with a lot—but not with anyone who imperils our future.
There is no evidence that more than a minority of Americans accept the idea that a $17 trillion national debt, greater reliance on government for jobs and health, and hyper-progressive taxation offer the hope they deserve for themselves and their children. The administration and Congress can deny these truths with charges of un-Americanism and implausible conspiracy theories about the current citizen demonstrations. But opinion polls deliver an honest expression of unhappiness over the direction our nation is taking.
The ruling elite in Washington seem to be oblivious to or ignoring the reality of America’s growing disaffection with the course the nation is taking. The approval rating of Congress is at 30%. Only one if five Americans trust their government. Many Americans believe that government policies are financially bankrupting the country and the future of our children. It’s almost as if our country was being run by overlords, appointed by a foreign power. It’s time for change indeed - the problem is that the “changes” being forced upon us are not quite what we had in mind.