Anyone who has watched Fox News’ Bill O’Reilly knows that he eschews bloviating which is intriguing as he is a serial bloviator. After the President’s State Of The Union speech on Tuesday the topic of minimum wage has been hotly debated. And Billy O was kind enough to invite the requisite opposing pundits to discuss the issue. As he can often do, he proceeded to interrupt the conservative pundit (sorry I don’t remember her name) as she offer the usual proof regarding the FACTS that a minimum wage actually, historically, and truthfully hurts those who are just starting out. Obama with O’Reilly’s blessing wants a minimum wage of around $10.10/hour.
Posts Tagged ‘galt’
It has been beyond comprehension to me that business men and women have not really spoken out about the direction of our country and the climate in which they have to navigate to do business. They have been so un-Galt-like that it frankly had me frightened. There have been those like Steve Wynn and the bombastic Donald Trump who have been outspoken, but most have been silent. Some have begun to speak and their knowledge of the economy should carry weight and many have been darlings of the lame-stream media so they’ll have some coverage, at least initially until the media “discovers” (i.e. told by the White House) that they are really crackpots.
No there wasn’t some new battle 201 years ago. The war is happening now or at least hopefully there is a war, but one can never be sure about the Republicans. As Congress is trying to pass a transportation bill many legislators like to seize the opportunity (or “crisis”) to do bad things that we end up paying for (or amendments that have nothing to do with the original intent of the bill or to stick on things that they hope no one will notice). Under consideration is the Democrat “Moving Ahead for Progress in the 21st Century Act.” Boy doesn’t that sound nice and with the bunch in Washington one must, however, be cognizant of the the use of the word “progress” since the Progressives are little more than Socialists. This is a highway construction funding bill (funny, but I initially typed “bull” by mistake), but the elected officials in Washington have decided that this HIGHWAY CONSTRUCTION BILL needs the following:
It is great having billionaires who are first conservative, second rich, third not afraid to speak out, fourth not afraid of Obama, and Fifth not afraid to use their money/position to push back at liberals…especially the one that inhabits the White House. The Koch brothers are not out in public like liberal hypocrite Warren Buffet even though the left is desperately trying to make them a symbol of their success. Until I looked for a photograph of the Koch brothers I had never even seen their faces.
The Obama campaign recently sent out a fundraising letter using the Koch brothers as the foil;
I am currently reading Return to Prosperity by Phd economist Arthur Laffer and I’ll review the book as usual after I finish it, but a recent statement by President Obama’s Agriculture Secretary had me referring to the “Econ 1” phrase Dr. Laffer uses frequently when describing politicians lack of knowledge that is taught in a basic economics class. Secretary Vilsack appeared on MSNBC’s Morning Joe to tout the benefits of the Supplemental Nutrition Assistance Program (“SNAP” or Food Stamps as we used to call it). Vilsack called SNAP the “most direct stimulus you can get into the economy during these tough times.” I guess that he also considers the fact that America has vastly increased the number of people “stimulating” the economy as 1 in 7 people are in the program. Let that sink in…NEARLY 15 PERCENT OF OUR FELLOW AMERICANS GET FOOD FROM THE GOVERNMENT!
The following debate between Rep. Anthony Weiner (D-NY) and Rep. Mike Kelly (R-PA) is very interesting. Also appearing is Rep. Michelle Bachmann (R-MN) and the ever annoying Rep. Debbie Wasserman Schultz (D-FL). I apologize that I could not edit Schultz out of the clip, but the exchange between Kelly and Weiner toward the middle of the clip is worth the wait. I love how Rep. Kelly blasts Weiner. I would LOVE to know what was going through Kelly’s mind as he showed restraint when dealing with the twerp Weiner.
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