Tag Archive: Failure of Keynesian economics

Collectivism rocks!

And it is awesome that it is practically always the idiots that are the hardest believers of this nonsense religion that get screwed the hardest by it:

Greek youth unemployment rose above 60 per cent for the first time in February, reflecting the pain caused by the country’s crippling recession after years of austerity under its international bailout.

Greece’s jobless rate has almost tripled since the country’s debt crisis emerged in 2009 and was more

Read more

Again: you have to go to the foreign press to get the facts

Our bought & paid for DNC propagandists in the LSM are all busy providing cover for a terrible budget. For example, AP reports the budget as follows:

WASHINGTON (AP) — President Barack Obama is sending Congress a $3.77 trillion spending blueprint that seeks to achieve an elusive “grand bargain” to tame runaway deficits by raising taxes further on the wealthy and trimming popular benefit programs such as Social Security.

The president’s proposal being unveiled

Read more

Fiscal discipline – donkey style.

And like the famous “donkey punch” sex maneuver, it is unpleasant for the recipient. Don’t get fooled by this bullshit NYT propaganda piece and the ludicrous claim that the fucking marxist nanny stater’s budget are doing any sort of cuts. It is all smoke and mirrors. This bullshit piece starts off with the ludicrous statement:

WASHINGTON — President Obama next week will take the political risk of formally proposing cuts to Social Security and Medicare

Read more

Socio-engineers not content to f-up just the home lending market anymore.

Yesterday I pointed out how the social engineering leftist morons that brought us the recession of the last 5 years, by using the power of government to fist coerce lenders into making horribly risky loans, then creating a legal climate that encouraged them to bundle these risky loans into vehicles that where traded as if they were valuable securities, and finally used tax payer money to bail out the financial industry when that house of … Read more

Because the last time the social engineers did this..

The “This” referenced above is the horribly stupid idea that social engineering leftards can use the power of government to force lenders to make loans to high risk people, and that that will have no repercussions. What could go wrong this time? Lets take a look at the article.

The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say

Read more

Cyprus was just the beginning..

There have been a lot of rumors about the disastrous EU money grab in Cyprus that I have heard, including a story where most of the really rich Russians that had money there were able to take all their cash out which will result in a serious shortfall of cash for the looters, so the Cypriots could avoid the collapse of their banking industry. I have no empathy for these morons. Anyone stupid enough to … Read more

This is what donkey fiscal discipline looks like: part deux

Oh, I am sure they will pretend it was done because they care about the little people and want to stop those evil rethuglicans from hurting them, but the fact is that the real issue here is that they do not have any intention ever of being fiscally responsible and living within their means, so the Senate democrats yet again vote a budget that would force them to be fiscally responsible down. From the … Read more

I knew it could not just be me feeling this way..

That all the bullshit from the left about equality doesn’t exactly mean what most people think is either right or just, and that’s a good thing to discover:

Today, just 35 percent of voters believe the economy is fair to middle-class Americans. Only 41 percent believe it is fair to those who are willing to work hard.

Some politicians, particularly Democrats, are better at acknowledging the importance of fairness, but they have a pretty

Read more

This is what donkey fiscal discipline looks like

Well, for the first time in 4 years Senate Democrats have a budget proposal, and from what I have seen they might as well have done what they did the last 4 years: nothing. This new monstrosity basically adds close to a trillion dollars in new taxes, a whole lot of money they can steer to their constituency, lobbyists, friends, and advocacy groups stimulus spending, at the same time as it seems to … Read more

1% in bed with Washington win again!

Yes, that title is me making fun of the stupid leftists that think these collectivist scumbags and crooks running our government that bought their support and votes with false promises of free shit they would pay for by slamming the evil rich & productive with higher taxes, and these politicians portend to do so to help the little guy, because they where had again. News is that those big corporations team blue paraded to tell … Read more

Older posts «