Archive from February, 2009
16 Feb
2009
Posted in: Blog
By    Comments Off

Sen. Graham Advocates Bank Nationalization

This from ABC News –
Senator Lindsay Graham (R-SC) says option to nationalize banks should be on the table

This is disturbing on many levels. One of the most troubling aspects of Graham’s suggestion is that he is identified as a “conservative Republican.” No, he is not (advocate of amnesty for illegal aliens, for one), and no, this is not a conservative position. Republicans will never win another election if they keep talking like this, and the media are happy to identify Sen. Graham as a “conservative.” Well, frankly, he’s not and he’s hurting our (that is, Republican) cause. –Would recommend a primary challenge for Sen. Graham.

It is tempting to label bank nationalization “socialism,” which indeed provides the root justifications. But bank nationalization is actually much closer to Fascism, because it implies state-private cooperation. This is the essence of a fascist economy, and inevitably leads to corruption and cartelization. It is similar to the New Deal, which was devised by intellectuals whose admiration for Fascism (of Italy and Germany) was frank (search for the period writings of such intellectuals as W.E.B. Dubois and H.G. Wells).

American conservatives should reject Graham’s suggestion in a full-throated manner and argue instead for freer banking laws and less government meddling in our financial markets. Even the suggestion is dangerous and sets bad precedent.

14 Feb
2009
Posted in: Blog
By    2 Comments

How To Save Conservatism

Sam Tanenhaus in the latest issue of the New Republic analyzes the plight of modern conservatism in an article labeled “Conservatism is Dead.” One of his main arguments is that conservatism lost its power because it became an ideological movement rather than a form of governance. I totally agree with this central point. The public view of conservatism has tended to focus on restricting social issues like abortion and gay marriage through moral based arguments rather than the constitution.

The original definition of conservatism is tied directly to freedom. Conservatives believe in a strong national defense in order protect our liberty and freedom from enemies that are looking to compromise and destroy it. They also believe in free market capitalism, which allows financial growth without government regulation. In attempting to fight moral issues through government initiatives, the right has allowed conservatism to be perverted.

Too many conservative politicians over the last 30 years have tried to legislate social issues through moral arguments rather than the constitution..and therefore have severely hurt their brand in more socially liberal states in the Northeast and West Coast. Promoting and protecting individual freedom should be central basis of all conservative arguments otherwise we will just be seen as “counterrevolutionaries,” the label Tanenhaus uses for us in this piece. Our central philosophy of individualism and personal responsibility is more in line with Jefferson, Madison, and most other constitutional framers than liberalism. All conservatives must embrace these principles if we want the American people to follow us. If we follow the true definition of conservatism…then conservatism will not be dead…but rather it will retake America from it’s current stranglehold of government control.

12 Feb
2009
Posted in: Blog
By    Comments Off

Obama’s Pyrrhic Victory

It can be safely said that bipartisanship in Washington is dead. Obama could only secure three Republican votes in the Senate (from liberal Republicans at that) and none in the House on his stimulus package. Sen. Judd Gregg (R-NH) just walked away from his Commerce nomination. House Donkeys would just as soon set the Capitol on fire before even allowing Republicans to speak their views on legislation.

So this is Obama’s victory.

Well, he owns it now. There’s no more blaming George W. Bush for this mess, not with the mainstream public anyway. The Democrats control Congress and the White House. This is their bill in whole and in part.

The success and failure of Obama’s whole administration may very well come down to this moment. That’s not a very good place to be three weeks into your presidency.

12 Feb
2009
Posted in: Blog
By    Comments Off

Gregg Withdraws From Commerce

Sen. Judd Gregg (R-NH) did the right thing today by withdrawing his name from consideration for the Commerce Secretary post.

There is a world of difference from Gregg’s views and Obama’s on two key issues – the economy and the census. Gregg is a fiscal conservative. Obama is a spendthrift. Gregg wants to use the census as a tool to gain data on the population. Obama wants to use the census as a political weapon to benefit the Democrats.

12 Feb
2009
Posted in: Blog
By    Comments Off

Democrats Settle on Stimulus Package

Congressional Democrats settled on their final stimulus package – $789 billion worth. It was settled on rather quickly, which is to be expected when you completely close out the Republicans and chisel away just enough RINOs (three to be exact) to make it happen.

Here is what the Wall Street Journal had to say about the focal points of the stimulus. My own comments are in Italics.

Business confidence
Steps: Tax breaks for businesses, appropriations.
Measurement of success: Stock market results and management surveys. So far, they don’t seem too impressed.

Low income/unemployment aid
Steps: Benefit checks, foodstamp increases, health insurance assistance, Medicaid.
Measurement: Benefit rates …which will continue to rise, leaving the burden on the taxpayer and the taxpayers children, and the taxpayer’s grandchildren.

Consumer spending
Steps: Tax breaks to workers.
Measurement: Retail spending, consumer-confidence surveys. What’s to measure? There is no confidence.

Job creation
Steps: Infrastructure spending, aid to states.
Measurement: Unemployment. Obama will claim credit for all the jobs that are created over the next four years, regardless of whether they were created from the stimulus.

Economic Growth
Steps: Spending, tax breaks.
Measurement: GDP. The debt created by the stimulus will claim a larger share of the GDP than at anytime since World War II.

11 Feb
2009
Posted in: Blog
By    1 Comment

Stop the Presses: This Yankee fan likes Curt Schilling

As many of you know I am a big Yankee fan… I’m reminded of it everyday while living with a hardcore Mets fan. That said, I’m also a big fan of Boomer and Carton in the morning on WFAN 660.

So when hopping in the car this morning, I turned on the radio to hear Craig welcome Curt Schilling to the program. “Oh Yak!” was my response.

Click above and listen to to it. The interview was conducted well – Craig is known for tossing out the tough questions and making news on the program -
(You may have seen the NYPost cover last week with Mets great Smansky and his estranged wife — some say Craig ignited it)

Curt Shilling took on A-Rod, Steroids, Manny, his future in the MLB and whether or not he’s a Hall of Famer, all in one interview. Straight from the hip, not holding back and when it concluded, I realized that this Yankee fan had fallen for a member Boston Red Sox. Please don’t tell my dad!

Kudos to Boomer & Carton! Listen to the interview here: CURT SCHILLING, BOOMER AND CARTON

11 Feb
2009
Posted in: Blog
By    Comments Off

verb: Googorize

How is it possible that after spending $30 Million dollars three years ago to establish a secure database which simply houses every public students grades throughout the state we now have to lobby the Federal Government and the State Tax payers for additional funds to basically scrub the plan and redesign it completely?

In an age of companies like Google, Microsoft, AOL, and Yahoo, who in essence are giant database managers and sift through trillions of documents across multiple geographic locations in nanoseconds, we (the New York State tax payers) can’t seem to either build a database that in essence contains the grades of all k-12 children in public schools and can spit out the results in less than 10 minutes?

God forbid we were to expect this database would keep track of the 7,000 public/private schools and our 248 colleges and universities. Or our 7,000 libraries, and 750 museums. Or the 750,000 professionals we have hired to administer classes or maintain facilities.

We are severely overdue a reality check. Unfortunately it is coming in the form of severe layoffs and excruciating economic hardship. Lets face it, when the Department of Education is allowed to burn money the way it does, can this possibly be a surprise? We are constantly throwing good money at utterly incompetent people and not asking for concrete and realistic results.

Does anyone with any sort of realistic rational think we could not have put this project up for a competitive bid and demanded guarantees from the developers? Does anyone honestly think Google or Microsoft would not have built this database for us for cheaper? Furthermore, does anyone doubt that once one of these fabulously smart whiz kids was assigned to this database that it would not morph into a piece of software that would manage not only our young kids, but also our older ones, our facilities, our teachers, our administrators and probably anything else he/she/them might think was pertinent?

Take it one step further, by establishing a comprehensive database like the one I have portrayed, how much money would the Department of Education save that could be applied to special education programs, or new facilities, or teacher training, or extra curricular activities?

I don’t know for certain, but I wouldn’t be surprised if the savings would be large enough to completely revamp and fund every arts program in the State for example.

We need serious operators who grasp the severity of our problem and more importantly understand the vast resources we have available if we could just approach issues with an open mind and without a sense of arrogance. Members of the Board of Regents have failed us, and more importantly our kids.

The fact that the mayor and the governor have not stepped up to confront them is equally alarming. Yet again, another undeniable example of frivolous waste, cowardice and irreverence to their constituents.

11 Feb
2009
Posted in: Blog
By    Comments Off

New Jersey Allows Retroactive Lawsuit in Spill Case

Chalk one up for the rabid environmentalists who will subvert everything, even the rule of law, to get their way.

Wrong-sighted New Jersey Superior Court Judge Ross Anzaldi ruled that Exxon Mobil can be sued under the state’s Spill Compensation and Control Act for breaking that law prior to its being enacted.

If we’re just going to hold companies accountable for actions that they committed before laws were even enacted, why bother enacting the laws? Why not just take them to court and strip them of their ability to conduct commerce? It’s only jobs and money right?

Actually, I should quit this post now. I don’t want to reinforce any crazy ideas that people like Judge Anzaldi already possess.

11 Feb
2009
Posted in: Blog
By    1 Comment

One Step Closer to National Health Care?

Apparently, the stimulus bill to nowhere includes a $20 billion incentive encouraging medical record digitization. The intent of health IT is to gain a better understanding of health trends and outcomes. If you recall, Mr. Daschle proposed in his book “Critical: What We Can Do About the Health-Care Crisis,” that the federal government be given massive powers in health care regulation, thereby imposing price controls and determining the drugs and treatments to be used for patients under a federal health system. We are now one step closer to that dream as no doubt this bill will help to solidify the governments intent for control…….and for a future mess.

10 Feb
2009
Posted in: Blog
By    Comments Off

Sinking the Ship

Secretary of the Treasury, Timothy Geithner, has announced that bank rescue might reach $2 trillion.

It’s almost like the Democrats want the economy to never recover.

Prediction: Most banks will effectively be nationalized by the end of the year.