Tag: Failures of Social Engineering leftist policies

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.

Forced charity is still bullshit

The new pope is making the case that caring for the poor doesn’t make you a communist, and he is right. What can be argued makes you a communist, or if you want to be pedantic and stick to the definition that communism means the state owns everything, what it makes you is a collectivist douchebag, is when you expect government to do it after it uses force to confiscate the earnings of others, and all under the pretense it is doing so to help.

Fuck the lot of you slavers. If you want to care for the poor use your own money. That’s what makes it nobel. Speaking of using their own money, that cult in Rome can really help the poor if it sold off some of that wealth it has and used that instead. Know what I am saying pope?

It sucks to have a shitty religion

Just yesterday, because my company announced changes to our benefit enrollment plans and opened up enrollment this week, I was having a discussion with a hard core lefty and Obama supporter about the fact that the costs have yet again gone up, the plan offerings have gone down, and providers have yet again been restricted. In addition to now making every employee with healthcare that has a spouse with access to her own plan (from their employer) basically pay a fine, one that amounts to the difference of having a spouse pay for her own plan, they jacked up premiums by 12% (after similar jumps for the past 3 years), widened the various plan’s donuts (that portion you have to pay before the plan kicks in again) by anywhere from 10-25%, and jacked up copays. So here is this Obamacare supporting supposedly educated moron, complaining about how he now had to pay more to cover his spouse, at the same time as his plan’s rates went up, his donut had widened, and his copays had been jacked, and worse yet, his doctor no longer was on the plan for some reason, and then blaming it, of all things, on the insurance company he used. Blah blah blah – bad insurance company! I lost it

Despite the writing being on the wall for years now and the whole fiasco of a government healthcare takeover hitting him smack between the eyes, he doesn’t get it. We have had countless articles like this one, showing how Obamacare was going to wreck the industry, cost all of us more, provide less quality care, restrict access, and most importantly, going to end up being used by petty bureaucrats of the usual liberal variety as a tool to subjugate those pesky and ungrateful serfs. Anyway, when I pointed out that the fault lay with the idiotic law, and cornered him with the facts to prove so, he did what all liberals do: a double take, and then returned to the talking point that they always use which is how evil insurance companies screw people over, so government was the only entity able to do the right thing for the people. That’s when I asked him if he was putting his faith in that government which is responsible for idiotic things like this or this, and pointed out that other examples are in abundance of stupidity and pain that makes whatever the insurance companies do, even when they engage in it out of malfeasance, look tame.

I basically pointed out to him that the difference between progressives, or whatever they call themselves these days, and people like me amounts to progressives being willing to bend over, grabbing their ankles, and letting the usual suspects ass rape them, over and over again, all so they could stay true to the cause. No matter how blatant the lies or how outrageous the bullshit, the progressives stick to the “social justice” nonsense and ignore reality. That was the end of the conversation. And that was simply because he didn’t like the pillars of his faith challenged. Liberalism is a mental disorder, and one that causes a lot of harm, I tell you. In the mean time we all get to suffer and pay more for it, because of these idiots.

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.

No bad news for the demcorats until after the election…

The sycophants in the media, in order to protect the democrats and this criminal administration in particular, are also holding off on a lot of information that would be detrimental to the collectivist powers that be. Picking a replacement for that criminal Eric Holder? Not until after the election. The Secret Service scandals? Not until after the election. The whole Ebola disaster that’s unwinding right now as the CDC crashes & burns and the powers that be pretend there is nothing wrong? Not until after the election. The fact that democrats want to give a pass to millions of illegal immigrants so they can drastically skew future elections in their favor as these people line up for their free shit? Not until after the elections. The list of things the DNC controlled media doesn’t want to talk about until after the election is long and distinguished.

And if they are not doing this delaying of bad news, they are outright faking data (unemployment numbers, economic numbers, government scandals) to fool people into thinking things are getting better than they are. If they deign to report, they provide cover. When they can, they bury the story. This despicable behavior is not news to those of us that pay close attention to the incestuous relationship between the DNC shills in the LSM passing themselves off as objective reporters and their masters in the democratic party, and par for the course. For example, bad Obamacare rate news is also being withheld from the public to prevent a negative impact to democrats, whom passed this disastrous and idiotic law on a party line vote, at the polls.

Here in the US, where the LSM thinks its job is to filter news to favor democrats and hurt republicans, we have not heard a peep about the US military investigation of the deserter the Obama administration traded Gitmo detained master terrorists for, but lucky for us the Berghdal story is covered by others outside the country. The unannounced fact, something that seems very common with anything that has detrimental impact for democrats in the coming election, is the military completed that investigation last week. But here in the US that never made the news cycle. Obviously even this compromised and PC-centric military leadership couldn’t sanitize the story enough to cover the obvious conclusion that Berghdal was nothing but a deserter and an enemy sympathizer, and that the Obama administration traded people very likely to attack the US again, to bring one of their own back.

The key to my speculation is the revelation in the MailOnline article pointing out that this information is unlikely to be reported until after the November election.

Low information voters and cheaters win the elections for the left. No wonder the left balks at any talk of actually providing some accountability and verification.

These people want to handle your medical records and decisions

Another congressional hearing, and the IRS rep is again lying through his teeth. If you ask me what the greatest talent of the Obama administration’s members is, I will have to say it is engaging in any kind of criminal activity and then lying about it. These people apparently can’t have one of the organizations that holds the power to destroy every citizen’s life hold on to basic information, yet this agency demands we tax payers be able to produce any information they request or face drastic consequences. That’s not irony, but something far worse.

And as the title of my post points out, these are the kind of people the progressives tell us should not only control the healthcare system, basically holding stewardship of our medical information, but have the power over life and death decisions. Because, you know, evil private corporations make profits. Yeah, and petty partisan bureaucrats with delusions of grandeur and a political agenda won’t abuse their power, like those at the IRS, the DOJ, the EPA, and any other entity you can name under the Obama administration, have been doing causing harm that these private entities would only have dreamed of being able to get away with. Nothing to worry about, people.

I am hoping that the call for the IRS to be abolished actually pan out, just like I hope Americans get a real break and Obamacare gets punted. Collectivism is a cancer on humanity.

I couldn’t come up with a better parody than the real thing does

Can’t pass on pointing out where progressivism always leads to, and never disappointing, is news about the once great city of Detroit. Seems the problem there is that people on the dole not being able to pay their water bills, and the UN apparently will have to step in (not kidding):

DETROIT (WWJ) – It’s a basic human right: water. But could the United Nations soon help the Detroit Water and Sewerage Department provide the service to struggling customers?

Wait a fucking minute. Water is a basic human right? Next someone will tell me that air and food are too? Why the fook do I have to pay for any of that then? It seems that a lot of these things progtards keep saying are “basic human rights”, while necessities, are nothing of the sort. Why, pray tell me, do progressives constantly rob us of our real rights – freedom, the right to bear arms, the right to demand government stop treating the productive like serfs – while ascribing rights to things that are not? It cheapens everything. Just like that 700 page EU constitution which made cheese and wine human rights. It’s laughable.

Anyway, back to the article and what we can read between the lines:

Water department spokeswoman Curtrise Garner says it’s a possibility — but for now, the water bills must be paid.

“We do have programs that do help those that are just totally in need; can’t afford it — but we also know that there are also people who can’t afford it would can not pay and we know this because, once we shut water off, the next day they are in paying the bill in full. So we do know that that has become a habit as well,” said Garner.

“At the DWAS Department — it’s not our goal to shut off water. We want people’s water on, just like they do; but you do have to pay for your water…That’s the bottom line.”

Garner said the reality is that nearly half of Detroit Water and Sewerage customers can’t pay their bills; and that has led activists to lobby the UN to step up and take action.

Well DUH! Someone has to pay for the free shit the left wants to give away. This practice of telling others they must give, be it their time, their labor, their property, or anything at all, without compensation, sure smacks of indentured servitude or slavery to me, but the left, which claims to abhor these things, sure seems immune to the consequences of their policies. You can label it a right and demand people get it, but that’s not going to change the laws of physics, biology, economics, or human behavior. No agency in the universe has the ability to defy the natural order, but progressives seem immune to that fact. Water is no exception. The UN might have made water a human right, and the people in Detroit might think they are being really clever petitioning the UN to redress this problem and help them get what amounts to more free shit, but when push comes to shove, they will discover that the only thing forcing someone else to give their services or property for free does, is basically make them pack up and leave. So I was not surprised to read the following suggestion to solve the issue:

Wrote Rodney Carter, “Call President Obama he has plenty of taxpayers cash to spend. Wasn’t that a campaign promise he made along with free rent and gas and payin’ my car note…Socialism only works if there is someone to pay for it.”

Get someone else to pay for this shit! The problem is that Detroit, as will eventually happen in every liberal paradise, has reached a point where the takers outnumber the makers, and the takers constantly feel they deserve more, despite the fact they are just taking. Now the city of Detroit is discovering that being broke they can’t afford to give free water. So now they want to expand the circle of “other people’s money” they feel entitled to. After all, there is a cost associated with getting it to the people, and somebody has to pay that cost. I would also not be surprised to find out that people that get shit for free feel no obligation to be responsible users/tenants, as practice has borne out in the real world.

You can’t make this shit up, but these people believe they can keep this system going into perpetuity.

The left is doing battlespace preparation

Every once in a while you have some libtard that drops their guard and lets you know how stupid the warped way these fucks view the world really is. Case in point, Edward McClelland and his piece at Salon titled “Communism saved the American worker” where he starts off saying;

I miss the Soviet Union. I never visited the country during its 72 years of existence, and I didn’t much like what I read about it in late-Cold War newspapers and library copies of Soviet Life: the long queues for bread, the military parades presided over by impassive bemedaled field marshals, the kitschy tributes to dictators, the Olympians inflated by performance-enhancing drugs. Communism, with its denial of both God and the individual, never appealed to me as a way of life, and I doubt it was much good for the Russian worker, the Polish worker, the East German worker, or the Yugoslavian worker.

Yeah I miss the Soviet Union too. The gulags, the pogroms Stalin put in place that cost millions their lives, and the fact that these fucks never practiced what they preached, unless what they preached was mass murder and turning humans into slaves of the oligarchy running the state. And of course, lest we forget, there was the export of communism to the rest of the world, resulting in such festivals as Pol Pot murdering a third of his nation’s people, the Kims running a dynasty that has turned North Korea into longest lived prison state on the planet, or the reinvention of the Jihadist movement by the KGB.

Man do I miss the Soviet Union too. Fucking idiot. It’s not accidental that excuse making scumbags, in love with communism, like this idiot, always ignore the horror inflicted by communism. This ideology managed to murder over 100 million people and imprisoned billions, and the monsters running these slaughterhouses managed to pull this shit off in under a century. Of course, we always have the leftists pretend that the real evil and murderous lot was religion, and then, their focus is always on Christianity, never Islam, or for that matter any other religion, for a specific reason. When that fails to give them cover, they indubitably resort to pointing at fascism, which they managed to convince too many low information people was a right wing phenomenon. The fact of the matter is that fascism is just another side of the collectivist coin. Instead of the oligarchy pretending to represent the state actually having all the power, wealth, and the rest of the people amounting to nothing more than slaves of said oligarchy, as communism does, fascism hides the fact that the oligarchy holds onto the power and wealth while accommodating a larger class of privileged people whose access to power and wealth depend on remaining in the good graces of the oligarchy running the state.

The point is that you really have to ignore a lot of vileness and evil to pretend either of the collectivist ideologies that people have been made to suffer under have anything good to offer us. That includes the new hybrid incarnation of a kinder and gentler fascist system that the modern western world has been functioning under, while pretending to be under a capitalist system. More harm has been done in the name of good than anything else.

Communism was, however, fantastic for the American worker. It’s no coincidence that the golden age of American equality, that period from the 1940s to the 1970s when the gap between CEOs and employees hit its all-time low, was almost exactly coterminous with the Cold War. As any capitalist will tell you, competition is good for the marketplace. It forces businesses to create better products and more efficient services for consumers. The same is true for capitalism itself: as a means of raising the living standards of an entire society, it never functioned better than when it was forced to compete with a rival economic system.

Communism was not fantastic for the American worker: if anything, the argument can be made that it was fascism that was fantastic for the American worker of that time. After WWII, with the industrial capability of the rest of the world in rubble, the American worker lucked out like a bandit because America was the only industrialized nation able to put out the things the rest of the world demanded. It’s no coincidence that this advantage went away in the seventies, when other industrial powerhouses like Japan, Germany, South Korea, and several other minor players in Europe and Asia, finally rebuild their infrastructure and started competing in a space where the America, and consequently the American worker, had enjoyed a monopoly. But you can’t ever tell an idiot that has swallowed this nonsense that communism preaches ,cock and balls, all the way. And I said “preaches” because in practice, communism does exactly the opposite of what it promises.

Ask the workers that actually experienced the wonders of communism, or for that matter fascism, firsthand how well that bullshit the left is so enamored with paid off for them. No system that squashes the individual, under the pretense of helping the collective, while really benefiting a few credentialed elites, does anyone but said elites any good. That includes the crony capitalist cum fascist system we live in today. Our credentialed elite class keeps telling us they are doing things to help those less well off, but the damage their policies cause, while always enriching them in one form or another, can’t be disputed. Look at Obamacare if you need any proof of that.

Let’s be clear about one thing: Communism, while a useful foil for the careers of Joseph McCarthy and Richard Nixon, was never a threat to supplant capitalism here at home. There’s an instructive scene from the movie “Reds,” in which journalist Louise Bryant is defending the Bolshevik revolution to a U.S. Senate committee.

That was then, this is now. The only reason people like this feel comfortable saying nonsense like this is because they know damned well that low information voters don’t know McCarthy was vindicated after the fall of the USSR and that Nixon is a piker compared to Obama when it comes to criminal activity and abuse of power. There is no defense of communism. There is nothing good that came from it. And to pretend otherwise is idiotic.

Nikita Khrushchev and Leonid Brezhnev boasted of building a workers’ paradise in the U.S.S.R., but Americans actually lived in one: suburban houses and vacation cottages, a new car every two years, meat for dinner every night. One of our arguments against Communism was that it could not create wealth for the average worker, whereas capitalism could, and did. The United States also had to demonstrate that it was no longer guilty of the Gilded Age inequities that had made socialism look appealing even to Americans in the early 20th Century.

See how he skips Lenin and Stalin, as if they never existed? Those guys really helped the “workforce” by sending millions to their gulags, and eventually, to their graves. Khrushchev and Brezhnev were a lot better about it, but they too have lots of blood on their hand, and a lot of it is from non-Soviets. These two worked hard to export their cancer around the globe, and it killed a lot of people. And let us not forget that these fucks spread their disease across the globe. A lot of Asia, South and Central America, Africa, and Eastern Europe, all were seduced by the communist bullshit and billions were abused while millions perished, all for no real gain. It even managed to straddle the world that followed after the fall of the USSR with the radical Islamic movement. That movement was created by the KGB, with their first disciple, Arafat, pretending to appeal to religion and religious conviction to justify and commit the usual crimes the supposedly godless communists were also doing.

BTW, what I have always found is that socialism has looked appealing to anyone from oligarchy running the state to the bureaucrats that get their kicks from the power plays they can play, because it always allows all those types to do whatever they wanted under the guise of doing good. Socialism wouldn’t last long and be so popular, of course, without the bastards that are getting free shit, courtesy of other people, that keep the pretenders in power. Envy, jealousy, covetousness, all are powerful drivers to people that have been told that they deserve to get whatever they want just because they exist.

And I stress again that the American worker never profited because communism existed. That fallacy of an equivocation is idiotic. They prospered because the US had an unique advantage after WWII: its industrial capacity remained intact.

Few Americans did more to enrich the working class than Walter Reuther, the longtime president of the United Auto Workers.

The funny thing is that these union thugs are not much better than their corporate counterparts. Oh, the left loves to lionize these criminals and gangsters, but these fucks did far worse than the envied corporate overlords ever did or dreamed of doing. It’s blatantly obvious to me that the only reason the left remains in bed with the unions is because it has been such an effective engine at larding their campaign coffers and doing their dirty work. Even in this day and age, where the left likes to pretend the problem is capitalism, while ignoring that the problem is a system that has very little to do with capitalism other than the name crony capitalism, where big industry is deep in bed with the left, because they are easier to buy monopolistic privileges from.

BTW, how well has the UAW been doing for the American workers, huh? They, along with over 6 decades of a democratic lock on the politics of Detroit, managed to murder the golden goose. Things got so bad Obama had to use tax payer money to save his union buddies and the cash flow of so many democrats up in that area that depend on big union money to buy their elections.

To Reagan and his fellow ideologues, the Soviet Union had to go not just because it interfered with their designs abroad, but because its existence was an affront to the idea that there should be any check on the free market, anywhere. Previous Republican presidents had tolerated labor unions, because they understood that unionism was a practical alternative to socialism. To Reagan, that smacked of compromise with an ideology bent on undermining “freedom.” When the Professional Air Traffic Controllers Organization went on strike in 1981, Reagan fired the lot. His enemies called him hypocritical for supporting Poland’s labor-based Solidarity movement, while opposing unions at home. But Reagan saw no contradiction. Solidarity was fighting Communism. PATCO, the UAW, the steel workers and the Teamsters were fighting capitalism.

Wow, talk about your propagandist shit there. Reagan didn’t fire the Air Traffic Controllers because they were union and unions competing with capitalism so he wanted to bust them: he fired them because they violated the terms of their contract. Their strike was illegal. It was nothing but an attempt to hold people hostage for ludicrous demands, and he had warned them that he would not let that happen. Unions, which even the good old socialistic FDR said, should never be allowed near any government agency, had been abusing their power for decades when Reagan finally came along and put an end to it. They gambled that Reagan would cave, and lucky for those of us that had had enough of this shit, they lost.

The left would really love for people to believe Reagan was in the wrong for doing what he did and that he was an evil union busting bastard, but PATCO brought that shit on themselves. The UAW has practically destroyed the American Auto industry, and were it not for an unprecedented move by the Obama administration to bail out companies with tax payer cash while fucking over those company’s investors – which included many people with 401Ks and a lot of teachers – GM and Chrysler could very well be belly up today. Ford was smart enough to see the writing on the wall and bail on that shitcan of a deal. And lest you forget, the steel workers’ union basically killed that industry. Those are the indisputable facts. Unions destroyed the very goose that laid the golden eggs for the American worker. That’s what drove manufacturing out of the country too. And it is not coincidental that those few remaining manufacturing sectors that are still surviving are non-union.

Look, the unions had their day, and they were lucky that they had it during a period where America benefited from a unique situation likely to never come back again. Today the unions, especially the public unions, have become a huge problem for the American economy. They have been the one major factor that so much work has been offshored. Americans are not willing to pay premium dollar for basic commodities, so businesses have to keep these cost numbers down. That means they have to pay labor as little as possible unless said labor is worth the higher pay in productivity.

The places that most unions are currently entrenched are those where the labor is the least productive, costs too much, but is usually safe, because of some protection racket within government. These unions primarily serve to collect huge amounts of money in dues and to funnel a large share of that to the union bosses and the campaign coffers of democrats. The whole minimum wage war that Obama and the democrats are currently engaged in is nothing but a donkey tactic to boost the intake of these union mills so they can provide democrats with slush funding in what is ramping up to be a real bad election for democrats because of the damage caused by Obamacare fallout. More powerful unions will only serve to help elect leftist that will then do even more to wreck the economy than the unions and their demands would do on their own. What America needs is less of that shit and more people that will grow businesses so people can find jobs.

Color me unsurprised!

In the vein that reality always trump liberal illusions and fantasies about how things work in the real world, we get an article where a baffled MSM reports that if the minimum wage is jacked up, people will be laid off. I am not surprised that’s what is going to happen, and the article states so:

WASHINGTON (CBS DC) – A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.

Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.

Roughly 54 percent of the study participants said they would reduce hiring and 65 percent said they would raise prices on their goods and services.

“There’s been a lot of debate and speculation about the impact of a minimum wage increase on job creation,” Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City said in a press release. “At Express, we decided to go directly to the employers who make those decisions to find out what a minimum wage increase to $10.10 would mean for them specifically and for the economy in general.”

Nearly 213 of those surveyed pay their employees the current $7.25 minimum wage.

The problem with this idiotic belief that government should regulate pay rates, to overcome the unjust system that allows the people that actually take all the financial risks to make good on that so hated by the left, is that it ignores the basic concept that when you jack up the cost of labor, said cost will not be incurred by the perceived rich business owner, but by the customers buying the service or products. Remember, we are talking about jobs that take about a day of training, tops, and can be done by anyone with an IQ above what would qualify a person as a moron. That is why they are minimum wage jobs. At this insanely high new rate, I bet the employer is actually better off replacing drones with automation, reducing anywhere from 50-90% of the low skilled labor staff. Don’t you pretend otherwise, because the automation trend is already in high gear: ask bank tellers or cashiers.

I was discussing this very issue with a coworker that felt this $15 minimum wage was a great idea – because of social justice and all that – until I pointed out that the service he constantly complained about would now be done by fewer people, while that $1 menu item would probably cost him more, maybe as much as half-again as much. Blank stare. A glimpse of an idea, not thought through, of course, followed by a grin, and the idiotic retort: pass a law to prevent them from laying off anyone. Presto! I told him that wouldn’t be a problem at all, but now his morning coffee & bagel was going to cost him $20 instead of $5. Apply the same logic to any other product and service staffed by minimum wage earners or produced by an unionized workforce with their pay tied to the minimum wage (the real reason democrats want to raise the minimum wage, BTW). Businesses have to earn enough money to pay the people working there, and make a profit, after all, because otherwise there was no reason to be in business. His next retort, after the same cycle, was that profits should also be controlled. I kid you not. I pointed out that that thinking led to all pay being controlled, including his, and that it was very easy to make the argument that he was over paid for the value he was producing. That seemed to get his attention.

In the end his retort was that there had to be a way for people to be paid a decent “living wage”, the earnings of the boss to be controlled, as all good communists believe is socially just, and the cost of things to be kept low to boot. It’s the mentality inculcated by the rot Engels and Marx produced that defines labor as the only thing of real value and remains unable to distinguish between the value of the service provided or product produced. In that world a guy polishing turds all day long results in the same value as the efforts of a highly skilled surgeon. I told him that he needed to move to Fantasy Island, where all dreams can come true, regardless of how improbable and impossible they were in the real world. He didn’t like that either. The fact is that in the real world, things work a certain way, and no amount of stupid legislation, no matter how sugar coated it is to make the turd it is creating palatable, will ever change that. But that’s liberalism in a nutshell.

That cure for “Too big to fail”..

The 2000 plus pages monster produced by Dodd and Frank, the crooks that put together and vehemently defended the framework that left the entire mortgage lending and banking industry open to disaster, then pretended only they could fix it, has resulted in even more emphasis on the “Too big to fail” entities:

The charts below show that both the number of US small banks (which we define as banks with $10 billion or less in assets) and their share of US banking assets and domestic deposits declined substantially between 2000 and 2008. Simultaneously, the five largest US banks’ share of US banking assets and domestic deposits increased markedly. Since the financial crisis, US banking assets and deposits have continued to consolidate in a handful of large banks. As the charts show, the five largest banks by assets now hold 44.0 percent of US banking assets and 40.1 percent of domestic deposits—up from 23.5 percent and 19.5 percent, respectively, in early 2000. Correspondingly, small banks’ share of domestic deposits has fallen from 40.4 percent to 23.0 percent since early 2000, and their share of US banking assets has declined from 35.8 to 19.5 percent.

I can’t say I am surprised. When statist fucks that think government’s job is to pick winners and losers put together a roadmap that encourages the incestuous relation between government and the big entities the statists love, I expect to see more of it. I can go into a long diatribe about how the belief system of the collectivist statists always results in these sort of “Too big to fail” entities, because of the ludicrous belief that a massive bureaucratic central planning system rather than far more responsive and effective market driven system dictates economic policy, and point back to the old USSR, old Communist China, or any other of these collectivist shitholes, and the success of said system’s central planning, but it will all fall on deaf ears for those that pray at Marx’s altar (whether they admit they do or not). The point is simple: letting Dodd and Frank provide the “fix” for the problems their meddling created in the first place was only going to result in more of the problems. So back to the stuff we learn:

Small banks play a critical role in the US banking system and are particularly important in rural and small metropolitan areas. As an AEI report details, small banks play a particularly important role in providing certain products, such as small-business loans, mortgages, and farm loans. They typically fund themselves with customer deposits. Small banks’ community focus enables them to develop and maintain relationships with customers. Through these interactions, they obtain information about borrowers that larger banks generally do not have. As a result, small banks are able to make loans to borrowers who might not qualify under larger institutions’ standardized lending criteria.

There are many factors at work contributing to the huge decline in small banks’ market share. Some of the decline is organic, in that market forces encourage combinations of small banks as a way of spreading operational costs over a larger customer base. The FDIC finds that an average of 182 mergers and 107 consolidations occurred per year from 2001 to 2011. The FDIC also shows that some small banks simply outgrew their small bank status.

Another factor, the financial crisis, is less benign. One study finds that more than five percent of small banks failed in the wake of the crisis.

Bank concentration itself is not bad. But increasing regulatory burdens force consolidation in the US banking industry for the wrong reasons. Regulatory compliance can be a particular challenge for small banks with limited compliance expertise. Regulatory expenses absorb a larger percentage of small banks’ budgets than of their larger counterparts’ budgets. Although correlation is not evidence of causation, as financial regulation has increased since 2000, so has banking concentration. The Dodd-Frank Act, passed in 2010, imposes a new set of regulations that are disproportionately burdensome to small banks. Moreover, by designating the largest financial institutions as “systemically important,” Dodd-Frank creates a market expectation that designated firms are too big to fail and generates funding and other competitive advantages for the largest US banks.

Go fucking figure. Of course, those of us that pointed out that Dodd-Frank was going to do this, and that these assholes should have been kept away from any attempts to correct the problems their “social engineering” vote buying schemes and meddling caused in the first place, get little joy out of being right, considering that the problems are now exacerbated. Don’t take it from me:

Since the second quarter of 2010—immediately before the July passage of Dodd-Frank—to the third quarter of 2013, the United States lost 650, or 9.5 percent, of its small banks. Small banks’ share of US banking assets and domestic deposits has decreased 18.6 percent and 9.8 percent, respectively, and the five largest US banks appear to have absorbed much of this market share. Mounting regulatory costs threaten to accelerate the shift towards big banks and away from small banks that have long been important members of the financial industry and the local communities they serve.

So basically, the statist answer to the economic disaster caused by “social engineering” economics, resulted in even more “Too big to fail” dependencies, and is corroding the very part of a system that would prevent a repeat of the crash we saw back in 2007. I told you so somehow seems not to really do this any justice, considering we have now prepositioned ourselves for an even worse fall when the sure to come repeat of the crisis happens. And please, don’t be naïve enough to think that this time the meddlers will be able to overcome the laws of human nature and economics, so we won’t have a repeat, considering they doubled down on the very things that led to the bad behavior that caused the problems in the first place.