A couple of good days at the Gulch. Had visitors, including my brother. Nice dinner at PF Chang’s. As intended, I missed the Messiah’s sermon to his people. Apparently a lot of folks did.

Today’s statistics: Dow up 190 to 9181. Gas $2.25 a gallon. Silver down $.12 to $9.77 an ounce.

Yesterday: Dow down 75 to 8990. Gas $2.29 a gallon. Silver up $1.10 to $9.89.

No one can TALK to each other any more. I was talking to a guy tonight abut taxes, and I could tell he saw the basic point of not taxing the folks who work for a living and create the jobs too onerously, but he went back to “It’ll be okay,” and “They can afford it.” Part of it was just trying to get a rise; I don’t know how much he actually believed. 

And, obviously, close to 50% of the population thinks this way.

Let’s be clear–I’m not rich. If Obama were telling the truth, I would be one of the people who would be receiving some of that redistributed wealth. I don’t WANT it. I don’t want to receive stolen property. It’s not mine; I didn’t earn it. If the government can confiscate the wealth of people wealthier than I, then eventually than can confiscate mine too. Hopefully it’s a moot point, because I think Obama will lose, and if he wins, I think EVERYONE who pays taxes will see a pretty severe hike.

I post this stuff for my information, to read it later. I’m not going to bother recouping Obama’s many flaws–Khalidi, Rezko, Ayers, Wright, Pfleger, Dohrn, Said, Frank Marshall Davis, ACORN, gun grabbing, the Infants Born Alive Protection Act, cutting off funding to the troops. None of it seems to matter to people. So let’s just go with this week. Obama has been blacklisting media outlets that ask Biden difficult questions. Today Obama called people who don’t want to pay onerous taxes “greedy.” The LA Times has a video of Obama at a 2003 gathering to celebrate Khalidi–Ayers and Dohrn were there too. The LA Times refuses to release the tape. Ask yourself–if they had a tape of McCain at a Klan rally or a tape of government secrets, would they have released it? You bet. I heard today on the radio that Obama has indicated that if he is elected, he will name Rahm Emanuel as his chief of staff. Rahm’s currently busy trying to save the career of Florida Democrat congressman Tim Mahoney, who was paying off one of his lovers. Change!

I don’t understand why this election’s even close. McCain’s a deeply flawed candidate, and also essentially a Democrat, but Obama is just such an obvious nightmare. I wish I understood what was happening.

Oh well, I suspect that the silent majority is going to say something during the only poll that matters next Tuesday. May they speak loud and clear. If McCain wins, I’m going to drink Maker’s Mark and pretend it’s Keith Olbermann’s tears.

Get out and vote, and, oh yeah…

Vote NO on Missouri Proposition C

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*God rest John Belushi

Nothing is over until we decide it is. I’m in a better mood today. No reason–I didn’t believe the polls then, and I’d be a hypocrite to believe them now. Still, I’m harboring the flame of hope (not “HOPE” like the holy Soviet Realist Obama triptych at the Royale, but the little hope). The Republicans are finally starting to spend their money: I saw the “I am Joe the Plumber” ad and the “Biden: Mark my words” ad last night. I know the theory is the big 72-hour plan to dump all their money this weekend; hopefully it will convince the undecideds that all is not lost. As for me, I’m going to keep fighting. Walked in the door tonight and someone had conveniently left me a “Democrat sample ballot” on my door telling me who and what I should vote for. I suppose the Republicans do this in Republican areas–I’ve never lived in one, so I wouldn’t know–but it shows a pretty low respect for the thinking capacity of the voter. I still need to look up the judges on the ballot to see who needs to be thrown out–the Dems say to keep them all in power, which is already one strike. Heh. 😉

I told my co-workers today that I’m taking next Wednesday off–I intend to be hung over, regardless of who wins. One of them suggested I come into the office for safety’s sake. A lot of people have a bad vibe. I’m not scared; we’ll see how it goes.

National Review arrived today-first one since they asked Christopher Buckley for his resignation. I was gratified to see Mark Steyn back on the back page–he’s a treasure. Things you never expect to see in National Review: an article about Burning Man. Author liked it, too, sort of.

The weird continues apace. One of the radio stations here, the River 101.1 FM, has been running Christmas music 24/7 for the past 2 weeks. I don’t suspect it will stop. Makes me want to jam an icepick in my face when I hear it, though.

Speaking of Christmas (*removes icepick*), I made my list today. 12 adults, 2 teenagers, 2 babies (yay!), and a dog. This year I vow, no credit cards. I expect the bargains to be good, and I ought to be able to swing it, cash-wise. If the economy well and truly goes to hell, it can be apples and string NEXT Christmas. The worst part is that December is personal property tax month–that one always hurts.

Dow up 889 to 9065. Apparently the Fed is meeting tomorrow, and this is the market’s way of saying it wants and expects an interest rate cut. I’m not an economist, and I have no idea if that’s a good or bad idea. We’ll see what happens tomorrow if Bernanke DOESN’T lower the rate. Gas is $2.29 a gallon, and silver is down $.26 to $8.79 an ounce, which strikes me as inexplicable.

Preparedness tip of the day: This one is my hat tip to an interesting conversation at Little Green Footballs today–pick up books. Good books, good history, good literature. See what they’re giving away at the library. Hard copy knowledge, especially knowledge that has stood the test of time, is invaluable.

Vote NO on Missouri Proposition C.

You’re broke, darlin’*

October 28, 2008

*In the immortal words of Dave Ramsey.

No, not really. Today was no different from any other day, except on paper. Dow down 203 points, to 8176. Silver down $.19 to $9.18 an ounce. I have no credit card debt, car is close to being paid off, and I have an emergency fund. The lights are on as I watch cable and surf the net in my well-heated apartment. I am better off than 95% of the world’s population. I am so very lucky to be an American, and I try to make myself worthy of that good fortune.

Still. My net worth, the product of my labor the government allows me to keep, has shrunk 40% in the past year, just like everyone else’s. Dang. I don’t retire for more than 30 years, so I normally wouldn’t worry.

These aren’t normal times. I’m trying to keep my hopes up, and I’m going to fight for McCain/Palin until the end next Tuesday. Nevertheless, we seem poised to elect a Socialist with 142 days of Senate experience to the highest office in the land. We’re not really going to do this, are we? A man whose father was a Communist lecturer, a man who bragged about his college drug use and vandalism? A man who attended church for two decades in a parish that had one of its precepts as disavowal of middleclassness? A man who despises the Second Amendment? A man who voted that if a term baby survived an abortion it should receive no medical care but be left to die on a cold shelf? A man who blacklists media who ask difficult questions? A man who in 2001 compared his country to Nazi Germany? A man who wants to redistribute wealth? A man whose political career was launched in the home of a woman who openly admired the Manson Family murders and a man who bombed the Pentagon and dedicated one of his books to the assassin of RFK? This is like a nightmare.

In normal times, the stock market would bounce back, naturally, after it underwent its correction. If we elect a Socialist as President, I don’t see how the stock market survives. People will RUN for the exits, lest they be taxed for their success. Obama will rule over a veto-proof Democrat Congress. For two years, they’ll be able to do whatever they want.

Hell of a thing. This Eeyore moment brought to you by John Galt. I’ll be better tomorrow, and I’ll never stop fighting.

McCain/Palin 2008.

Vote NO on Missouri Proposition C.

Back in 2001, then Illinois State Senator Barack Obama gave an interview on Chicago public radio station WBEZ FM. His Socialist economic positions and ignorance of the Constitution have never been more obvious:

http://gatewaypundit.blogspot.com/2008/10/socialist-obama-talks-redistribution-of.html

TRANSCRIPT:

MODERATOR: Good morning and welcome to Odyssey on WBEZ Chicago 91.5 FM and we’re joined by Barack Obama who is Illinois State Senator from the 13th district and senior lecturer in the law school at the University of Chicago.

OBAMA: If you look at the victories and failures of the civil rights movement and its litigation strategy in the court, I think where it succeeded was to vest formal rights in previously dispossessed peoples. So that I would now have the right to vote, I would now be able to sit at the lunch counter and order and as long as I could pay for it I’d be okay.

But the Supreme Court never ventured into the issues of redistribution of wealth and sort of more basic issues of political and economic justice in this society. And to that extent as radical as people tried to characterize the Warren court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as it’s been interpreted, and the Warren court interpreted it in the same way that generally the Constitution is a charter of negative liberties. It says what the states can’t do to you, it says what the federal government can’t do to you, but it doesn’t say what the federal government or the state government must do on your behalf. And that hasn’t shifted. One of the I think tragedies of the civil rights movement was because the civil rights movement became so court focused, I think that there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalitions of power through which you bring about redistributed change and in some ways we still suffer from that.

MODERATOR: Let’s talk with Karen. Good morning, Karen, you’re on Chicago Public Radio.

KAREN: Hi. The gentleman made the point that the Warren court wasn’t terribly radical with economic changes. My question is, is it too late for that kind of reparative work economically and is that that the appropriate place for reparative economic work to take place – the court – or would it be legislation at this point?

OBAMA: Maybe I’m showing my bias here as a legislator as well as a law professor, but I’m not optimistic about bringing about major redistributive change through the courts. The institution just isn’t structured that way.

You just look at very rare examples during the desegregation era the court was willing to for example order changes that cost money to a local school district. The court was very uncomfortable with it. It was very hard to manage, it was hard to figure out. You start getting into all sorts of separation of powers issues in terms of the court monitoring or engaging in a process that essentially is administrative and takes a lot of time.

The court’s just not very good at it and politically it’s very hard to legitimize opinions from the court in that regard. So I think that although you can craft theoretical justifications for it legally. Any three of us sitting here could come up with a rational for bringing about economic change through the courts.

Chapter X–Wyatt’s Torch

October 27, 2008

Another good day at the Gulch. Rested, read (Atlas Shrugged is a remarkably fast read for being approximately 5000 pages long), brought in the rest of the amaranth. I also went late to the shooting range.

I couldn’t get a lane–there were THAT many people lined up there for practice. Women, men, parents with kids. Did my heart good; I was never so happy to not be able to get in somewhere. These bitter clingers are going to be among those who defeat Barack Obama and Joe the Dumber Biden at the ballot box.

Settled in now, flipping between Dave Ramsey and Game 4 of the World Series. I’ll have guests on the 29th so I won’t be able to live-blog the Messiah’s address to the nation. However, just for my own interest, I will live-blog election night here. I expect trouble in St. Louis–minor trouble if Obama wins, possible major trouble if he loses. After I vote Tuesday, I’m removing the bumper sticker, putting the car in the garage, and keeping an ear on the local media and my walkie-talkie radios. I hope I’m wrong. Still, the media have been biased to such an insane degree this election cycle that if the Messiah doesn’t win, I expect people will feel it’s been “stolen” from him. I didn’t have a dog in the fight in 2000–I voted Libertarian in a red state. I preferred W to Gore, but not enough to actually vote for him. During the crisis in Florida, I was convinced, though, that Bush had won and Gore was trying to steal the election. There were hard feelings over that election. How much harder will they be if people have been duped by the media to believe Obama was inevitable, only to have him lose?

Rand of the Day (Ivy Starnes is explaining her “enlightened” business management philosophy to a suitably appalled Dagny Taggart): Our plan? We put into practice that noble historical precept: From each according to his ability, to each according to his need. Everybody in the factory from charwomen to president, received the same salary–the barest minimum necessary. Twice a year, we all gathered in a mass meeting, where every person presented his claim for what he believed to be his needs. We voted on every claim, and the will of the majority established every person’s need and every person’s ability. The income of the factory was distributed accordingly. Rewards were based on need, and the penalties on ability. Those whose needs were voted to be the greatest, received the most. Those who had not produced as much as the vote said they could, were fined and had to pay the fines by working overtime without pay. That was our plan. It was based on the principle of selflessness. It required men to be motivated, not by personal gain, but by love of their brothers.

Is Ivy Starnes one of Obama’s 300 advisers? Given his reply to Joe the Plumber, it looks like they both got their ideas from the same guy–Karl Marx.

Vote NO on Missouri Proposition C

http://ballotpedia.org/wiki/index.php/Missouri_Proposition_C_(2008)

 

One of the donors is General Electric–the largest producer of wind turbines in the country. Another is AFSCME, the American Federation of State, County, and Municipal Employees. Why are they donating to a cause that has to do with private enterprise?

In a Google search through seven pages of links, I couldn’t find ANYONE on the record against this foolishness.

Allow me to be the first. If these renewable energy sources were efficient, practical, and profitable, private businesses would have picked them up and ran with them. They aren’t. This ballot measure is the state forcing private enterprise to do something that it itself will not do. It is fundamentally unjust.

What fresh Hell is this?

October 26, 2008

I was just reading through the St. Louis ballot. Here’s Proposition C:

Shall Missouri law be amended to require investor-owned electric utilities to generate or purchase electricity from renewable energy resources such as solar, wind, biomass and hydropower with the renewable energy sources equalling at least 2% of retail sales by 2011, including at least 2% from solar energy; and restricting to no more than 1% any rate increase to consumers for this renewable energy?

What possible business is it of the state what private utilities do? If solar was efficient and profitable, these businesses would already use it. Same with wind–once they beat the environmentalists’ lawsuits that wind farms kill birds and bats. Biomass? Using food for fuel is never a good idea. Hydropower? Shoot, Ameren already uses at least the two biggest dams in the state for hydropower. Shall we build more lakes? They’re great, but I like the Meramec, Current, Black, and other rivers just fine the way they are.

So the state wants to mandate how private enterprises get their power, and then keep them from recouping their massive losses by passing it on to the consumer. Where do they think this money will come from? Again, Atlas will shrug–these investor-owned enterprises will close up shop and move to friendlier areas, leaving the electric utility in the hands of the state–which conveniently isn’t allowing ITS rates to be held artificially steady here.

Proposition C-Not just NO!, but HELL, NO!

Wondering now if I should buy a generator…

Will Atlas Shrug?

October 26, 2008

Spent a productive day in the Gulch. Have read 200 pages of “Atlas Shrugged” in 3 days; I’ll post today’s quote when I can find just ONE good one–there’s so much Rand wrote in that 51-year-old book that reads as if she wrote it after the 2008 primary season. Lovely, sunny fall day in the high 50s. I threshed some amaranth, stored some water, then did a little shopping, and am settling in for the Notre Dame game.

News of the Day? Who knows? I heard a little as I worked–Obama’s back on the stump after spending a day and a half visiting his grandmother in Hawaii. Some poll Fox was quoting had Obama ahead by 12 points–a ridiculous assertion. Gas is $2.59 a gallon here. Sample ballot arrived today–McCain is the first listed choice for President, which should be a little helpful.

What government services did I use today?  I live in a free country thanks to the military. I’m writing this thanks to the First Amendment. I heard police and fire sirens, which means they’re still around. I drove on state highways. I used electricity and natural gas–private monopolies, but I would reckon they’re “too big to fail” and operate under the aegis of the government. I paid sales tax on my purchases. Government was benevolent today.

Will it always be? Again, I remain convinced McCain will win. One of the many reasons I am voting for him is I know where he stands–I’ll hate many of the things he does, but he won’t actively work to subvert democracy and capitalism. My life and my investments will still be my responsibility.

What will Senator Obama do? The fact that he’s on the record as wanting to spread the wealth around gives some clue, but he’s such an unknowable cipher that no one knows for sure. Kelsey Grammer was on Cavuto a couple of weeks ago saying he was completely out of the stock market, partly as a hedge against Obama winning and confiscating his profits. I noted below that if people vote for this madness, I will get out of my 401(k). How many others will do so?

There’s no doubt that the greed of people living beyond their means, as well as the government forcing banks to give mortgages to people with no hope of paying them back has gotten us into an awful financial mess. The government bailed the whole mess out with incomprehensible sums of taxpayer money. All objective sources indicate that credit is loosening back up. Yet still the market struggles.

Is Atlas preparing to shrug? Not with the ostentatious displays that leftists indulge in–protests with papier mache puppets–but with silent, purposeful action? A prediction–if Obama wins on November 4, the market will lose another 2000 points between election day and when he takes office. People will simply cash in their chips and walk. The big guys will move it overseas to those few shelters still friendly to capitalism. The little guys will purchase tangibles, land, precious metals, and store up cash. What’s the point of taking a risk in the markets when you will be punished by the government if you succeed? Like Joe the Plumber, why start a business if it will be taxed and regulated into oblivion?

How many productive people will simply go “on strike”? How many would it take to show the country that the government needs productive people more than those people need the government?

Are you scared yet?

October 25, 2008

http://www.southcoasttoday.com/apps/pbcs.dll/article?AID=/20081024/NEWS/810240332/-1/NEWS10

Long story short, Barney Frank is calling for a 25% cut in defense spending, a stimulus package that targets people who don’t actually pay any taxes, and tax increases on producers.

Didn’t FDR try this foolishness during a dangerous time and during financial hardship? Didn’t it turn what was merely a Depression in the rest of the world to a Great Depression lasting a decade in the US?

If Senator Obama becomes President and Congressman Frank and his cronies gain more power, they will do to defense what they did to the economy. The DoD won’t cut its most important programs, but it might remove its hand of protection over Europe, Korea, Japan, peacekeeping programs, and the seas. That would set off an international arms race that would be tragic for the world.

Spending cuts, massive spending cuts, are necessary, and some of those will come from Defense under a McCain/Palin Presidency. There’s pork there to be cut. But Frank’s idea of gutting the military and redistributing the wealth that pays for our protection and freedom to people who didn’t earn it fills me with dread.

Does almost half the country truly agree with Frank’s dangerously ignorant Socialism?

http://iowahawk.typepad.com/iowahawk/2008/10/i-am-bill.html