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Archive for December, 2008

Two thoroughly embarrassing weeks.

Week 12
Monday: off
Tuesday: off
Wednesday: off
Thursday: 4 miles
Friday: off
Saturday: off
Sunday: 4 miles
Total miles: 8

Week 13
Monday: off
Tuesday: off
Wednesday: 4 miles
Thursday: off (fa la la la la, la la la la)
Friday: off
Saturday: 14 miles
Sunday: off
Total miles: 18

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blacklakes

Check it out! This is the Black Lakes Golf Club in Onaway, Michigan. It’s valued at about $40 million, but it must not be that great a course since it runs in the red about $23 million each year. Sure is beautiful, though. Oh, and did I mention that it is owned and operated by the United Auto Workers Union? I wonder if they would let us taxpayers play a round for free, seeing as we just gave their failing industry a big $17 billion donation?

Probably not.

Cross-posted to Facebook.

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Happy Birthday Jesus

bethlehem_star

The people walking in darkness
have seen a great light;
on those living in the land of the shadow of death
a light has dawned.

You have enlarged the nation
and increased their joy;
they rejoice before you
as people rejoice at the harvest,
as men rejoice
when dividing the plunder.

For as in the day of Midian’s defeat,
you have shattered
the yoke that burdens them,
the bar across their shoulders,
the rod of their oppressor.

Every warrior’s boot used in battle
and every garment rolled in blood
will be destined for burning,
will be fuel for the fire.

For to us a child is born,
to us a son is given,
and the government will be on his shoulders.
And he will be called
Wonderful Counselor, Mighty God,
Everlasting Father, Prince of Peace.

Of the increase of his government and peace
there will be no end.
He will reign on David’s throne
and over his kingdom,
establishing and upholding it
with justice and righteousness
from that time on and forever.
The zeal of the LORD Almighty
will accomplish this.

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Christmas and whatnot

Christmas is fun with kids. I’m serious. Behold the following photographic evidence:

Cookies a plenty:

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Yummy cookies:

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Begging Santa:

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bernanke

Lately many people have asked me what I think of the recent actions of the federal government regarding the bank/auto bailouts and the economy in general. The fact that people are asking me shows just how much confusion there is out there about what is going on. Most folks know that something isn’t right, but they can’t quite put their finger on what it is. A fiscal and financial system that in the past seemed to work smoothly enough that it escaped our notice is suddenly in front page news headlines every single day. The so-called “experts” tell us to just trust them, go along with them, and everything will be fine. Even our own President made an emergency address to the nation to try to convince us that, if we just trusted him and the other politicians to handle things, everything would soon be right as rain. But this just doesn’t sit right with most people. There is no confidence; there is no trust.

The government knows that the people no longer trust the system. Their solution is to restore our confidence in the markets by playing to our ignorance of how the system really works. They want us to believe that the more the government controls the marketplace, the more stable and prosperous the markets will become. They have rewarded failing investment banks, insurance companies, and now automobile manufacturers with huge payments of fiat currency, thus creating what many call a “moral hazard” for these companies. In short this means that these businesses no longer feel responsible to make intelligent and prudent business decisions because they know they will ultimately be bailed out by the U.S. government, and the losses their irresponsible actions inevitably bring will not be borne by them, but by the American taxpayer.

The United States is bankrupt. There is no more money. The $1 trillion + that has been “spent” on market bailouts this year was not just lying around in some safe somewhere waiting to be put to good use. This money was created “out of thin air” by borrowing against our already massive debt and increasing the circulating supply of currency. I have written before about how this process devalues the already failing dollar. Foreign countries (to whom we owe our national debt) see that our currency is failing, and it is only a matter of time until they refuse to lend us any more money. When that happens we will have massive inflation of the dollar and we will reap the full rewards of our government’s current insane monetary policy.

Do most people know this? I think that on some level they do, and that this is the real reason for the crisis of confidence. Ron Paul said it well: “I happen to believe that because it [the creation of fiat money from thin air] is a moral issue more than an economic issue, it is for this reason that the people have lost trust in their government, trust in the banks, trust in business, trust in themselves, and that we are a nation of distrust.”

If this makes any sense to you and you think it is worth your time, do a little research of your own. Learn about what is really going on. Don’t let them continue to lead us around by the nose. Get informed, then tell someone else. It’s time to restore trust in the system.

Cross-posted to Facebook.

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Hope you like Chinese

Jim Rogers is one of the most successful American investors in history. Educated at Yale and Oxford, his investment portfolio increased in value by 4200% during the economic slump between 1970 and 1980. While his association with George Soros makes his politics somewhat suspect, it cannot be argued that Rogers doesn’t understand market economics.

In the following video, Rogers calls the recent economic actions of the United States government “astonishing” and “unfathomable” and predicts the eclipse of the U.S. by China in the 21st Century. He also expresses his opinion of Barack Obama’s economic plan of capital taxation and protectionism. The first 3 minutes are the good part.

Yet another expert dissenter who will be marginalized and ignored.

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paterson

In a touching effort to save the children by government edict, New York Governor David Paterson has proposed a statewide tax on “highly-caloric non-nutritive sugared beverages”, claiming that this step will help reduce childhood obesity.

A soda tax. Outstanding. That’s just what we need. Have we really sunk so low that an American citizen can’t enjoy a cold Coke in New York State without government interference? Don’t get me wrong, I’m highly distressed by the scores of soda-swilling bulbous toddlers I see waddling around everywhere, but let’s get real.

How about this: in loo of the soda tax, why don’t we try the free and completely voluntary step of not giving the babies Coke to drink. That way we avoid Governor Paterson’s obviously well-intentioned fear of fattening our youth, the kids get to keep their teeth, and you, me, and all other autonomous and liberty loving Americans can enjoy a tax free Coca-Cola whenever we so desire.

coke-can

I am aware, of course, that the U.S. Government desperately needs funds during these troubled economic times. In that spirit I propose the following levies and taxes, which I think make much more sense than taxing soda-pop:

~The California State Fire Extinguisher and Shovel Tax: For the love of Pete, they have enough wild-fires and mudslides out there, someone should profit from them.

~The Washington State Designer Coffee Tax: Do you know how addicting that caffeine stuff is? It is obviously a menace and not fit for human consumption.

~The Illinois State Political Corruption Tax: Only honest politicians are exempt from this one. Undoubtedly this tax alone would fully fund the entire Illinois state budget.

~The Federal Kennedy Tax: A hefty fine paid each time a member of the Kennedy family enters politics.

~The Florida Shuffleboard Tax: A one time tax paid upon relocating to Florida to spend your golden years.

~The Texas State Arrogance Tax: Payable each and every time a Texan makes a snide remark about how they are better than the rest of us.

~The Washington D.C. Constitutional Broach Tax: Due from each Senator and Representative every time legislation is passed that is not authorized by the Constitution. This would pay off the national debt in one to two years tops.

See? I could be a politician.

Cross-posted to Facebook.

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