Tag: Failure of leadership

Thomas Sowell deconstructs Obama and the left’s bullshit

I love Thomas Sowell. This man gets economics and the way the real world works. So as soon as I heard he had a new article discussing the stupidity of another Obama “You didn’t build that” and “Pay your fair share you evil capitalists” moment, I had to go check it out. As usual, Thomas Sowell cleans the floor with the stupid shit liberals say> Here’s an excerpt:

In a recent panel discussion on poverty at Georgetown University, President Barack Obama gave another demonstration of his mastery of rhetoric — and disregard of reality.

One of the ways of fighting poverty, he proposed, was to “ask from society’s lottery winners” that they make a “modest investment” in government programs to help the poor.

Since free speech is guaranteed to everyone by the First Amendment to the Constitution, there is nothing to prevent anybody from asking anything from anybody else. But the federal government does not just “ask” for money. It takes the money it wants in taxes, usually before the people who have earned it see their paychecks.

Despite pious rhetoric on the left about “asking” the more fortunate for more money, the government does not “ask” anything. It seizes what it wants by force. If you don’t pay up, it can take not only your paycheck, it can seize your bank account, put a lien on your home and/or put you in federal prison.

So please don’t insult our intelligence by talking piously about “asking.”

And please don’t call the government’s pouring trillions of tax dollars down a bottomless pit “investment.” Remember the soaring words from Barack Obama, in his early days in the White House, about “investing in the industries of the future”? After Solyndra and other companies in which he “invested” the taxpayers’ money went bankrupt, we haven’t heard those soaring words so much.

Then there are those who produced the wealth that politicians want to grab. In Obama’s rhetoric, these producers are called “society’s lottery winners.”

Was Bill Gates a lottery winner? Or did he produce and sell a computer operating system that allows billions of people around the world to use computers, without knowing anything about the inner workings of this complex technology?

Was Henry Ford a lottery winner? Or did he revolutionize the production of automobiles, bringing the price down to the point where cars were no longer luxuries of the rich but vehicles that millions of ordinary people could afford, greatly expanding the scope of their lives?

Most people who want to redistribute wealth don’t want to talk about how that wealth was produced in the first place. They just want “the rich” to pay their undefined “fair share” of taxes. This “fair share” must remain undefined because all it really means is “more.”

Once you have defined it — whether at 30 percent, 60 percent or 90 percent — you wouldn’t be able to come back for more.

Obama goes further than other income redistributionists. “You didn’t build that!” he declared to those who did. Why? Because those who created additions to the world’s wealth used government-built roads or other government-provided services to market their products.

And who paid for those roads and other government-provided services if not the taxpayers? Since all other taxpayers, as well as non-taxpayers, also use government facilities, why are those who created private wealth not to use them also, since they are taxpayers as well?

The fact that most of the rhetorical ploys used by Barack Obama and other redistributionists will not stand up under scrutiny means very little politically. After all, how many people who come out of our schools and colleges today are capable of critical scrutiny?

And that’s the point though, isn’t it? You target envious low information voters with a head full of leftist mush for support to give pretense to robbing the productive, all while stealing tons of that money, under the pretense of helping those less well off. Now if we had anything like a honest media, they would point out how much money these class warriors bag while peddling this liberal nonsense, no matter what the medium chosen to gain acceptance of thing sane people would never go with, while selling the snake oil.

Too big to fail uber alles!

Why would anyone be surprised to find out that collectivists pretending to be solving a financial problem opted to implement more of the too big to fail and centrally planned solution, despite the fact we have history showing this approach will lead to trouble and failure?

A new study by Marshall Lux and Robert Greene reports that since the enactment of Dodd-Frank community banks have lost market share at twice the rate that they did prior to Dodd-Frank.

The authors note that many of the regulations implemented pursuant to Dodd-Frank are not linked to the size of the institution, thus there are economies of scale in regulatory compliance. Thus, regulatory costs tend to fall proportionally heavier on smaller banks, which, in turn, tends to promote consolidation of the industry (as I noted several years ago when I predicted that Dodd-Frank would promote industry consolidation).

The study has lots of interesting data on the industry patterns of lending by various types of banks as well, most notably that large banks tend to make fewer agricultural loans than community banks.

This result was to be expected and is only news to people that believe doing the same old dumb pseudo-marxist shit will suddenly produce a different result. If anything, history, replete with examples of how this stuff fails, stagnates, and breeds inefficiency and trouble, shows us that the statists on the left believe in an unholy alliance between state and big business. In their minds it provides them with the ability to micro manage and centrally plan. That it only serves to create a monopolistic environment where innovation and cost reduction are destroyed by ever growing protectionist regulation and that the people forced to deal with these entities lose out, seems to escape these moron’s ability to cogitate.

The demcorats created the “too big to fail” entities they then successfully managed to convince an ill informed and low information based public was Boosh’s fault. Dodd-Frank upped the ante here. Those of us that pointed that out were told that it was needed to curtail evil people in the financial industry, as if the problem wasn’t with the system, the rules, and implementation of contradictory and bad regulations that encouraged the bad behavior in the first place. People should not be surprised that what we end up with will be giant unresponsive, bloated, inefficient, and costly financial conglomerates, in bed with our own government, and a system that remains fragile and prone to costly and painful implosions.

But don’t worry. The democrats responsible for the problem in the first place will be more than happy to throw oodles of tax payer dollars, syphoned from the productive, at the problem. Then they will blame the rich, the financial sector, republicans, and anyone they can conveniently scapegoat instead of themselves and their wealth redistribution schemes and scams. They will demand the right to fix the problem they conveniently blame on others, like they did when they created Dodd-Frank. And when their regulation results in even more of the same, but just on steroids, they will rub their grubby hands together and laugh at the envy and jealousy driven idiots that will go along with them yet again.

Collectivism sucks.

Protectors of the little people, indeed….

As someone that lives in a blue state and has seen the hypocrisy of the collectivist that pretend to do the shit they do to protect the little people from the “evil Korporashuns and their desire to actually serve shareholders over acting as bank accounts for social justice warriors” and the “evil wealthy that never pay enough taxes”, I am not surprised to find out that the truth is quite different:

Attorney General Martha Coakley, charged with protecting ratepayers against utility company price gouging, held two gubernatorial campaign fundraisers hosted by National Grid’s lobbyist this year and accepted donations from the utility’s top executives right before they socked it to ratepayers with big hikes in electric bills.

Records show National Grid’s Massachusetts president, Marcy Reed, handed over a $500 check to Coakley’s cash-strapped gubernatorial campaign on Sept. 22, just one day before the Department of Public Utilities approved a 37 percent rate hike.

Three other National Grid executives also donated to Coakley on Sept. 22, according to campaign finance records. And last week, just after the AG wrote a mildly worded letter asking National Grid to delay its rate increase, she accepted donations totaling $1,000 from National Grid’s executive director, Thomas King, and two other high-ranking executives.

National Grid’s federal lobbying firm, Kearney, Donovan & McGee, was reimbursed two different times by Coakley’s campaign, including once this month, for “venue and catering” expenses for two apparent fundraisers at its Boston office.

The donations came as Coakley’s campaign has been scrambling for cash to pay for last-minute TV ads and make up for a significant fundraising shortfall compared to GOP rival Charlie Baker.

Yeah, well the fact is that this happens all the time with these class and social justice warriors. And if you are observant, you will notice that the louder the social justice cum class warriors cry about the injustices of the other side, the more likely it is that you are dealing with projection issues. We in the People’s Republic of Connecticut have seen the same crap.

My rates have gone up by insane numbers the last year, mostly because of the impact of green energy bullshit projects on available power, but also because the class & social justice warriors are in bed with these mega corps (especially when they have monopolies). Then again, so has my health care costs (thanks Obamacare!), tax burden (especially my state taxes that all seem to be pissed away on vote buying projects while the infrastructure the taxes are supposed to be supporting is crumbling), cost of living (there is no inflation except for the fact that the basic stuff all costs a lot more these days and keeps getting pricier), and many such other things that hurt the little people far worse than they do someone like me that has the ability to earn good money, and it is happening because the class & social justice warriors say one thing but practically always do the opposite.

Connecticut’s economy – and for all intents and purposes that of every deep blue state out there, without exception – is imploding at a record pace precisely because of stuff like this. The response by the class and social justice warriors, especially in the blue states, is always to appeal to the jealousy, greed, and envy of those that vote for a living, to push for higher taxes, all so they can use whatever revenue they don’t outright pocket, to keep buying votes from the very people that get crushed by their idiotic policies. Grow the dependent base under the pretense of doing things to help them, and you can keep perpetual power, is the new mantra of the left, I guess. In the meantime the productive flee for better climes (my day is coming), and things keep getting worse.

There must be an election soon

And it looks like, just as we saw in 2012, the crooks in government beholden to the crime syndicate in DC, are cooking the books again. The unemployment numbers, especially the decline we are being told has happened recently, are bullshit. Things are just as bad, if not worse, than when the social engineering scheme the collectivists straddled us with – the one that encouraged the lending industry to give money to unqualified people, and then through government agencies bundled the worthless loans and sold them at a premium to investors – collapsed our economy and housing market, and led to the election of the Chicago crime boss now running the country.

There are countless people that have been unemployed for more than 2 years, and those with 4 years or more, are at a record high. Lucky for the crooks in DC the unemployment numbers are unaffected by these people no longer on the dole. There is a reason the number of people on assistance of one kind or another is so high. We have a record number of people on Social Security disability pay, with a record number of applicants in the pipe. I have heard it said that the bulk of these people are those that have been unemployed for 2 or more years. Of course our media has no interest in investigating stories like this, because they are too busy feeding the sheep the bullshit lies the democratic party needs to sell so they can retain their hold on power and keep robbing tax payers blind while destroying the country’s future.

The fact of the matter is that our economy remains in turmoil, and that the left’s agenda is only doing more damage, but they desperately need to confuse the low information voter about this reality to keep their hold on power. The policies of the democratic party but especially those championed by president “I am going golfing or on vacation and the tax payer will pick up the tab” have been abysmal. Obamacare, all by itself, will wreak havoc on the country’s employment and employment opportunities, the ability to start and sustain economic growth, and will annihilate the healthcare system, and anyone pretending otherwise is just propagating the same lies the democrats used to get this horrible thing passed. Good things like this are happening despite the efforts of this administration and the leftards to prevent them. Can you imagine the economic boom if we had people that actually valued economic growth and individuality over vote buying collectivist schemes and scams?

Things are bad, and what the crooks trying desperately to keep their hold on power so the fleecing of the productive can continue, are doing nothing but causing damage and lying about the damage they are causing. Remember that when you vote next month.

What progressivism – Social Justice, in a nut shell – always ends up being.

Venezuela is the latest example of what progressivism works out to be in a nutshell. Chavez, another idiot that gained power passing himself off as a man of the people, and buying votes by promising to rob his country’s producers in the name of some fabricated and idiotic social construct, has ruined what once was a growing and thriving economy. Sure Venezuela had problems and poverty before Chavez, but things are far, far worse, today. Case in point, the death of the goose that laid Venezuela’s golden eggs:

As weird as it seems, President Nicolás Maduro’s government plans to start importing crude oil for the first time in order to blend it with Venezuela’s own crude and keep the country’s overall production from falling further, the Reuters news agency reported last week, citing an internal document from Venezuela’s state-owned PDVSA oil company.

It turns out that Venezuela’s own production of light crudes has plummeted since the late President Hugo Chávez took office in 1999, and the country desperately needs light crudes to blend with its Orinoco Basin extra heavy crude oils. Without such a blend, the Orinoco Basin’s extra heavy crude is too dense to be transported through pipelines to Venezuelan ports and exported abroad.

Venezuela’s oil production, which accounts for 95 percent of the country’s export earnings, should be used in world classrooms as a textbook case of what happens when a populist government starts distributing a country’s wealth in cash subsidies, without investing in maintenance and innovation. Much like happened with Cuba’s once flourishing sugar industry, Venezuela’s Chávez-inspired populism has destroyed the goose that laid the golden eggs.

In 1999, when Chávez took office, PDVSA had 51,000 employees and produced 63 barrels of crude a day per employee. Fifteen years later, PDVSA had 140,000 employees, and produced 20 barrels of crude a day per employee, according to an Aug. 14 report by the France Press news agency.

Venezuela’s net oil exports have plummeted from 3.1 million barrels a day in 1997 to 1.7 million barrels a day in 2013, according to U.S. Energy Information Administration estimates.

Curious to find out how a country with the world’s largest oil reserves can end up importing oil, I called Evanán Romero, a former Venezuelan vice minister of energy and former PDVSA director, who now works as an oil industry consultant.

Romero told me that the Venezuelan government desperately needs to speed up oil exports to get cash, because the government is bankrupt. Inflation has surpassed an annual rate of 60 percent, and Venezuela will be Latin America’s country with the lowest economic growth this year, according to World Bank estimates.

But to speed up oil exports, Venezuela needs to blend its heavy crudes from the Orinoco Basin with lighter imported crudes, because Venezuela is no longer producing enough light crudes of its own. Production of light crudes has fallen because of lack of investments, abandonment of exploration of light crude areas, and the nationalization of companies that used to help produce light crudes.

Venezuela has asked foreign companies that operate in the Orinoco Basin to invest in “upgrading” facilities that help make heavy-crude exportable, but the companies did not want to take that risk because they fear expropriations, or because they don’t think it’s a good investment as long as they are only allowed a minority ownership under government rules.

Collectivists always expect everyone else to sacrifice, and yet, they claim and believe they have the right to take the fruit of other people’s labor, no matter what the consequences of that theft, because they mean well. When others decide not to bend over and grab their ankles every time the progressives come a knocking, they get pissed and accuse them of being greedy. But the truth is nobody causes more harm, destruction, misery, and human indignity than your pretend do-gooder progressive as they steal from those that produce under the pretense of redressing some evil or injustice.

Humanity is heading for another dark age as the labors of the collectivists destroy centuries of progress by their betters. Everywhere that progressives have taken hold, things have gone, are going, or will go bad. The more open the thievery, the quicker the downfall. The Soviet Union and its satellite states imploded in a short 7 decades because they went to one extreme to push their corrupted version of paradise on earth. The last bastions of this idiotic belief are Cuba and North Korea, the Chinese long ago abandoning anything other than the tyranny of progressivist rulership – something that amounts to nothing more than another aristocracy lording it over the serfs, sometimes under the heel of a single madman that bathes in the blood of those he plunges into his contrived misery – in order to maintain power. They are all doomed, including the Chinese, because that system simply destroys man and man’s dignity.

New upstarts like Venezuela show us that those that do it without the usual bloody revolution and the millions of deaths, still lead the unfortunate idiots they have fooled down the same road. Progressivism’s promise of social justice always, without fail, produces misery and indignity. It matters little that they can, in the beginning and for some time, pretend or show that their actions have made things look better: in the end though, their actions produce the same outcome, be it in a short span of time, or over long decades. They destroy everything they touch, and the vital system that produces wealth collapses, leaving everyone living in misery and under the heels of a tyrannical master or oligarchy that thinks more of the same is what is needed to fix the very problem of their making.

Have no doubt that the shit done by the Western democracies is heading the same way. Obama’s reign in the US and his expedited efforts at the destruction of a once great nation, as well as and what’s going on in Europe, should leave no one any doubt that there is any way to salvage the situation if the progressives and their ways are allowed to continue. You can not steal from others – especially when you accuse them of having because they steal – to make things right. Greed and envy are not good emotions to base a philosophy that claims to want to right wrongs on, but that’s progressivism in a nut shell. In the end it only serves to replace whatever group one claims is engaged in some injustice with one person or another group that is doing fare worse evil.

It is time to tell these people to take a long hike off a short pier.

This “IS” how collectivism always plays out, idiots…

Surprisingly, in a parody I think most leftist, including the people at the WaPo, will miss, they have an article titled “Rare diary gives details of life under Khmer Rouge“, which describes the beautiful agrarian revolution brought to Cambodia by the Khmer Rouge. From the article:

Nearly 40 years ago, hunched on the floor of the wood-and-leaf hut he was forced to live in away from his children, Cambodian school inspector Poch Younly kept a secret diary vividly recounting the horrors of life under the Khmer Rouge, the radical communist regime whose extreme experiment in social engineering took the lives of 1.7 million Cambodians from overwork, medical neglect, starvation and execution.

First off, the Khmer Rouge wasn’t radical. That’s what communism really is. A despicable cult that dehumanizes all but the oligarchy or tyrant in charge, and makes the rest of the people slaves. It will always deliver misery and death, because that’s all it can. The fucking left might have replaced old time religion with their nanny state, but the role played by these governments, no matter how well intentioned at the start, end up making the place look like hell (on earth).

The Khmer Rouge were emptying Cambodia’s cities, marching millions of people into the countryside to work as manual laborers. Their aim was to create an agrarian communist utopia, but they were turning the Southeast Asian nation into a slave state.

This was done because this was their idea of “Social Justice”, the same shit progressives bandy about today to justify their acts of theft and depravity. What is unmentioned in the article is Pol Pot’s belief that anyone educated needed to be exterminated. Collectivism requires drones. Like ants or bees, the serfs are supposed to support the state, which is represented basically the oligarchy or tyrant in charge.

Be it hard core communism, China’s new version of it, any variant of socialism, or even the soft crony socialism hat has pissed the prosperity created by the very systems it so despises and seeks to eradicate, the left has straddled the west with these days, the end game will always be a state where a select few or single entity holds all power and privilege. The masses will be no better than slaves, living in misery and at the whim of their masters and the army of petty bureaucrats that enforce the will of the all powerful nanny state, whom all will remind the serfs of that at every opportunity, even as the dumb serfs are fed platitudes about their rights to free shit and how good they got it now that we have “Social Justice”.

This man was killed because he didn’t like what the state demanded of him. Have no doubt that today’s left, given the opportunity, would do exactly the same to all of us that now stand in their way of implementing those “Social Justice” measures we clearly see leading to more of the same. Collectivism is probably the most evil idea to ever be foisted on humanity. Past the family unit it becomes a coercive system that deprives man of dignity and purpose. Life is not fair, but beware those that promise they can redress that, for they will do far, far worse to us than any capricious entity or fate. My experience has been that the harder I work, the luckier I have gotten. And the envy of those that do not want to work hard, but expect to get where the hard workers are, by virtue of the fact they simply exist and are thus owed (a major pillar of collectivism), can always be counted on to drag down the productive. And it is always someone else’s fault that things don’t work out as promised, or that the nanny state resorts to force, coercion, lies, and murder to hide what it is doing or force compliance.

A dark age is coming again if we don’t end the direction these progressives are taking us in. Wait until the petty bureaucrat tells you there will be no medical treatment because you have not shown them or the state proper humility and gratitude. Or worse, because you are a non conformist and don’t like the “Brave new world” they have given us. That Second Amendment is going to be key to putting a stop to this slide into oblivion. Man were those old white men with wigs smart and prescient.

As if you needed more proof….

Leftists always love to posture. They feel good letting everybody know how awesome they are. They care for the poor, the needy, the oppressed, the downtrodden, the unlucky, the little guy. They know what’s best and they want to help, and they will let anyone that gets in their way have it. And when you are dealing with leftists run counties, the hubris and narcissism takes new meaning. That is, until it hits them in their personal pocket book. As long as someone else pays the price, the left is all for that shit. And nobody embodies this philosophy like the French. Case in point the anger on the left about Putin’s moves on the Ukraine that all the leftists are spouting. That is, until it hits them in the pocketbook. I believe it was Mao that said a capitalist will sell you the rope you want to hang him with, but I think today, that philosophy applies mostly to the progressive movement, which is for noble causes, especially when it affords an opportunity to enriched themselves doing it, and more importantly, as long as they don’t have to pay for it in any way (except when government forces everyone to suffer, which then somehow brings out the hubris and narcissism all over again).

Personally I could care less about France selling the Russians amphibs. I actually hope the Russians use them someday to invade some French colony or France itself. They will be greeted by the white flag waving cheese eating surrender monkeys as heros I bet. Oceania could use a good war.

If we can’t outright disolve it, this works

It looks like many others are figuring out that the checks and balances of our constitutional republic have been broken down by the rise of the nanny state, and in particular, the problems that this new fourth power branch – the unelected and unaccountable government bureaucrat – cause to our rights and freedoms are being shown by the abuse of power rampant through the Obama administration. In particular, we have the most powerful entity in the US, the IRS, targeting political opponents of the left. While the powers that be are doing their best to stall any information on how corrupt government has become under this administration, some see the danger and articulate solutions. Their proposed solution is an interesting one. From the article:

In America’s first 100 years, federal officials could be sued in state courts for acting beyond their authority. In his book Creating the Administrative Constitution, Yale law professor Jerry Mashaw chronicles how this helped temper bad behavior.

Law professor Glenn Reynolds over at Instapundit is among those who believe that government officials need more civil and criminal liability for their bad acts. There are some private remedies on the books, but they are too weak to be effective.

While I would prefer the IRS just be banned and everyone be made to pay a flat tax – a goal I doubt the nanny state would ever accede to because it would be the proverbial stake to the heart, followed by a beheading, and then the vampire corpse of the nanny state being burned to ashes, I think leaving the status quo is not an option for those of us that see this problem. This proposed legal solution might work, of course if we had a judicial system that was not already seriously compromised by the existing nanny state, to at least stem this out of control snowball effect we have right now, and that’s a good thing.

I remember many a conversation with smug leftists that told me they wanted to protect freedoms and rights back when. What’s happening now vindicates my dismissal of their claims. The left has never wanted to protect people’s freedoms or rights: it has wanted to rig the system to its favor, and has done so by choosing battles that allowed it to undermine the existing system of checks and balances. The things happening in this age of Obama are all just steps in the natural progression of the progressive agenda. In the end you will find yourself living in a totalitarian system, with an all-powerful state, run by an elite oligarchy, with the rest of the people treated as serfs. We are at a turning point. We roll this shit back, or we kiss our freedoms and prosperity goodbye.

Reign in the nanny state.

Seriously? This is news how?

Gallup has a poll/study titled “In U.S., Depression Rates Higher for Long-Term Unemployed” which makes the claim that “Mental health poorest among those jobless for six months or more” as seen here:

WASHINGTON, D.C. — The longer that Americans are unemployed, the more likely they are to report signs of poor psychological well-being. About one in five Americans who have been unemployed for a year or more say they currently have or are being treated for depression — almost double the rate among those who have been unemployed for five weeks or less.

These findings are based on surveys with 356,599 Americans, including 18,322 unemployed adults, conducted in 2013 as part of the Gallup-Healthways Well-Being Index.

Gallup finds that unemployed Americans are more than twice as likely as those with full-time jobs to say they currently have or are being treated for depression — 12.4% vs. 5.6%, respectively. However, the depression rate among the long-term unemployed — which the Bureau of Labor Statistics defines as those who have been seeking work for 27 weeks or more — jumps to 18.0%.

Is this another incidence of common sense seems fleeting to these people? Look, nothing is more devastating to someone that feels pride in doing work and taking care of themselves than the ability to do that. None of the bullshit “safety nets” put in by liberals can compete with the ability to actually stay gainfully employed by people that value such a thing. Sure, if you are one of those perpetually sucking at the government teat types, depression will come when you no longer can mooch off the productive, but I fucking could care less about those people being depressed. In fact, I would love to see a whole lot more of that, and a lot less formerly productive people being depressed because economy crushing psuedo-marxist-fascist nanny state progressive government expansion have ravaged the employment landscape.

Nothing is free. No system that rewards negative behavior will ever do anything but encourage more of it, no matter how noble the intent behind it. Life is harsh. People that want to forget or mitigate that always make it worse. Ben Franklin pointed out how one should never trade freedom for security, because you would end up with less of either, but I think this philosophy applies in a far broader sense than he meant it (or perhaps as we understood what he meant).

Our current social system is broken. It doesn’t exist to serve those productive members of society that are temporarily afflicted with bad luck or circumstances that require them to seek help – in fact, it often punishes those people, harshly, requiring them to lose everything before they qualify for help – and actually exists to prop up an ever growing segment of people that feel entitled to the fruits of other people’s labor, simply by the virtue that they were born. Romney got demonized, obviously by the special interests that gain the most from the existing broken system, for pointing out that a very dangerously large portion of our population now votes for a living, but he was dead on. Unemployment compensation, food stamps, and any other such government assistance are a poor substitute for gainful employment, but you can’t buy votes from people that have economic freedom and don’t want to be ripped off by your unicorn fart sniffing cult.

The most important thing that our government should have been doing over the last 6 years was to make changes that would encourage economic growth and employment. Instead they pretended to implement things to “help” people that did the exact opposite and cost us economic growth. And that was all done while incurring massive and insurmountable new debt levels. Obamacare is the biggest economy killing government scam to come our way. We should get used to European level unemployment here, as this system can’t avoid causing that, while watching the quality, access to care, and improvement of care go down, while costs, waiting times, and pain go up. Don’t take my word for it: the horrible happenings that amount to the VA scandal, which was so conveniently removed from the public eye recently, is Obamacare as a Proof of Concept. And Obamacare has plenty of help from other economy crushing progressive agenda schemes and scams, like the recent EPA regulations that have continued to make the cost of energy skyrocket.

Unemployed, and those unemployed for a long time, are going to be depressed. They have been robbed of their dignity by a system that feels it is more important to protect those that vote to keep the nanny state big and fat than to actually help them.

The liberal solution: take 125537899

In the people’s great city of Detroit, where credentialed liberal ideologues have been running the show for more than 6 decades, things have not been going so well. OK, I am fucking around when I act sarcastic like this. Detroit is a disaster of epic proportions. The left created an unsustainable model that robbed the tax payers and incentivized business to move elsewhere, while the elected officials pissed away any and all prosperity. So now that the proverbial shit is hitting the fan, they are facing though choices. There is no money. Sure, Obama sent them a few tens of millions of US tax payer dollars, to make sure they could delay the inevitable until it was less inconvenient for the democrats, but the writing is on the wall. The end is nigh.

Case in point the pensioners, which are getting gold plated payouts from a drastically underfunded, some might even say unfunded, pension system, and the looming pension cuts. There was a hard reality check that required the city to cut pensions by a minimum of a third, but it looks like the marcists found another candyland solution

Detroit doesn’t have any money. Rather, it doesn’t have enough money: It cannot both pay its debts and run the city. That’s why the city filed for bankruptcy some months back, over the outraged protests of pensioners who stand to lose a big chunk of their monthly checks.

Today, those pensioners are breathing a little easier. The city seems to have struck a deal that will leave their pensions in better shape than previously feared. Instead of cutting those monthly checks by as much as a third, the city will trim them by less than 5 percent.

How did they make such a big change? In part by assuming higher investment returns:

The city initially factored in rates of 6.25 percent and 6.5 percent for the two funds, but eventually agreed that the funds could be presumed to do better — 6.75 percent — because of an improved outlook based on the funds’ 2013 performance as compared with 2012.

The city also promises lower or no cost-of-living adjustments, and less in the way of retiree health benefits. And the proceeds from a proposed deal, not yet agreed upon, to save the Detroit Institute of Arts’ collection by soliciting a mix of state and private funds to pay off the pensioners.

Yeah, this ends well, I bet. America, pay close attention: Detroit is our future with these credentialed nanny state elitist scumbags in charge.