The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Archive for April 16th, 2010

President Obama: “whether we like it or not, we remain a dominant military superpower.” Palin: Mr. President, is a strong America a problem?

Posted by iusbvision on April 16, 2010

Palin smacks down Obama for the second time in a week over their war of words about national security policy.

Sarah Palin:

Asked this week about his faltering efforts to advance the Middle East peace process, President Obama did something remarkable. In front of some 47 foreign leaders and hundreds of reporters from all over the world, President Obama said that “whether we like it or not, we remain a dominant military superpower.”

Whether we like it or not? Most Americans do like it. America’s military may be one of the greatest forces for good the world has ever seen, liberating countless millions from tyranny, slavery, and oppression over the last 234 years. As a dominant superpower, the United States has won wars hot and cold; our military has advanced the cause of freedom in Iraq and Afghanistan and kept authoritarian powers like Russia and China in check.

It is in America’s and the world’s interests for our country to remain a dominant military superpower, but under our great country’s new leadership that dominance seems to be slipping away. President Obama has ended production of the F-22, the most advanced fighter jet this country has ever built. He’s gutted our missile defense program by eliminating shield resources in strategic places including Alaska. And he’s ended the program to build a new generation of nuclear weapons that would have ensured the reliability of our nuclear deterrent well into the future. All this is in the context of the country’s unsustainable debt that could further limit defense spending. As one defense expert recently explained:

The president is looking to eliminate the last vestiges of the Reagan-era buildup. Once the wars in Iraq and Afghanistan are “ended” (not “won”), the arms control treaties signed, and defense budgets held at historic lows while social entitlements and debt service rise to near-European levels, the era of American superpower will have passed.

The truth is this: by his actions we see a president who seems to be much more comfortable with an American military that isn’t quite so dominant and who feels the need to apologize for America when he travels overseas. Could it be a lack of faith in American exceptionalism? The fact is that America and our allies are safer when we are a dominant military superpower – whether President Obama likes it or not.

Posted in 2012, Chuck Norton, Obama and Congress Post Inaugration | Leave a Comment »

Judge Crabb: National Day of Prayer is Unconstitutional

Posted by iusbvision on April 16, 2010

Of course this idiocy will be overturned on appeal.

But don’t tell Abe Lincoln:

Proclamation Appointing a National Day of Fasting 

Washington, D.C.
March 30, 1863

By the President of the United States of America.

A Proclamation.

Whereas, the Senate of the United States, devoutly recognizing the Supreme Authority and just Government of Almighty God, in all the affairs of men and of nations, has, by a resolution, requested the President to designate and set apart a day for National prayer and humiliation.

And whereas it is the duty of nations as well as of men, to own their dependence upon the overruling power of God, to confess their sins and transgressions, in humble sorrow, yet with assured hope that genuine repentance will lead to mercy and pardon; and to recognize the sublime truth, announced in the Holy Scriptures and proven by all history, that those nations only are blessed whose God is the Lord.

And, insomuch as we know that, by His divine law, nations like individuals are subjected to punishments and chastisements in this world, may we not justly fear that the awful calamity of civil war, which now desolates the land, may be but a punishment, inflicted upon us, for our presumptuous sins, to the needful end of our national reformation as a whole People? We have been the recipients of the choicest bounties of Heaven. We have been preserved, these many years, in peace and prosperity. We have grown in numbers, wealth and power, as no other nation has ever grown. But we have forgotten God. We have forgotten the gracious hand which preserved us in peace, and multiplied and enriched and strengthened us; and we have vainly imagined, in the deceitfulness of our hearts, that all these blessings were produced by some superior wisdom and virtue of our own. Intoxicated with unbroken success, we have become too self-sufficient to feel the necessity of redeeming and preserving grace, too proud to pray to the God that made us!

It behooves us then, to humble ourselves before the offended Power, to confess our national sins, and to pray for clemency and forgiveness.

Now, therefore, in compliance with the request, and fully concurring in the views of the Senate, I do, by this my proclamation, designate and set apart Thursday, the 30th. day of April, 1863, as a day of national humiliation, fasting and prayer. And I do hereby request all the People to abstain, on that day, from their ordinary secular pursuits, and to unite, at their several places of public worship and their respective homes, in keeping the day holy to the Lord, and devoted to the humble discharge of the religious duties proper to that solemn occasion.

All this being done, in sincerity and truth, let us then rest humbly in the hope authorized by the Divine teachings, that the united cry of the Nation will be heard on high, and answered with blessings, no less than the pardon of our national sins, and the restoration of our now divided and suffering Country, to its former happy condition of unity and peace.

In witness whereof, I have hereunto set my hand and caused the seal of the United States to be affixed.

Done at the City of Washington, this thirtieth day of March, in the year of our Lord one thousand eight hundred and sixty-three, and of the Independence of the United States the eighty seventh.

By the President: Abraham Lincoln
William H. Seward, Secretary of State.

Posted in Chuck Norton, Culture War, Leftist Hate in Action | Leave a Comment »

Elite Media Humiliated – Millions for Tea Parties – No Racist Signs – No Extremism – Only Violence Was From Leftists

Posted by iusbvision on April 16, 2010

So I scanned YouTube, scanned google, the left and the elite media didn’t get what they wanted and the only incidents that happened was the union thug getting violent that we reported on earlier and a far left protestor rushing the stage in California who the police took down in short order. 

ABCNBCCBSWASHPOSTNYTCNN etc didn’t get what they wanted, which in reality was based on lies.   

In fact a New York Times/CBS Poll shows that Tea Party participants are wealthier and more educated than the general public: 

Tea Party supporters are wealthier and more well-educated than the general public, and are no more or less afraid of falling into a lower socioeconomic class, according to the latest New York Times/CBS News poll. 

News veteran Chris Wallace said that he went to a Tea Party and said that the people were so main stream that they were the Rotary Club. 

Hmmm but the guy in this video could be a little fishy… ;)  

Obama mocked the Tea Party people while getting caught in a very self aggrandizing elitist moment, for which Charles Krauthammer took him down a notch –  

Massachusetts Senator Scott Brown was not pleased with Obama’s Comments either. Neither was Rush Limbaugh:  

Obama also claimed that he was the great tax cutter, but the Republican Staff of the House Ways & Means Committee reminded us of the record so far: 

Click to Enlarge

The latest talking point from the left is that 95% of Americans got a tax cut. No they didn’t; what they got was a temporary reduction in the tax withholding tables but the rate didn’t change, so come tax time you have to make up for it with a check to the IRS or a smaller return.

Posted in 2012, Chuck Norton, Journalism Is Dead, Leftist Hate in Action, Obama and Congress Post Inaugration | Leave a Comment »

Violent Tea Party Protesters Bring Dogs For Added Intimidation

Posted by iusbvision on April 16, 2010

Via National Review:

I figure since I am graduating with a journalism degree in two weeks I better learn to spin like ABC and NBC. That way I can fit in.

Posted in 2012, Chuck Norton, Journalism Is Dead, Leftist Hate in Action | 1 Comment »

Video: Mark Souder on the Lack of Transparency in Congress & the Hidden Impacts of ObamaCare – UPDATED!

Posted by iusbvision on April 16, 2010

This is classic Souder and this is why he wins in elections. He keeps it real, he is accessable, he keeps the focus on the people and has some humility in the face of the power and influence he has been given. He speaks boldly and plainly. There is never any doubt where Mark Sauder stands and he is not a warrior for the status quo.

This is also why the elite media avoids him. Mark’s rhetorical ability hits pretty hard as he does not sugar coat issues in euphemisms.

Transparency:

Souder: This is why you don’t go fast on these bills…

The O-Care bill puts a tax on the types of tax deferred savings that are often use to supplement retirement plans. The bill puts a tax on medical devices so that smaller clinics and hospitals can’t pay. The 80% utilization bar for advanced medical equipment amounts to a form of health care rationing. And Souder explains how this will impact Indiana jobs. Souder is clearly a bit upset over the damage this will do to people and he is right to be.

Mark Souder runs effective campaigns, he understands the role of the medium in communications and he knows his district. If I were a strategist working for Mark Souder I would have one piece of advice. Since his critics and opponents always use the same strategy of demonizing Souder and misrepresenting him, eventually that will hurt even the most charismatic candidate; they are trying to turn him into a two-dimensional figure. There is an easy way to combat such sleazy tactics. Souder should go on a gratitude tour of his district, pig roasts, cook outs, press flesh, be cheerful etc. Max Baucus is the pro at this type of politicking. Showing the voters just what a nice guy he is would make voters laugh at his opponents mischaracterizations.

In the primary Souder is clearly the best man to vote for.

UPDATE – Mark Souder has resigned amid rumors that he had an affair with a staffer. I respect Souder for resigning even though it is clear that no one could represent the district better. He had a personal failing, but as a public servant Souder served with distinction. The people who will be hurt the most by the resignation are the people of Indiana who lost one of the best representatives in Congress. There is talk that Marlin Stutzman may be chosen as Souder’s replacement. Stutzman would be an excellent choice.

Posted in 2012, Chuck Norton, Obama and Congress Post Inaugration | 1 Comment »

California Senate Candidate Carly Fiorina Smacks Down ABC’s Mark Mathews

Posted by iusbvision on April 16, 2010

Watch Carly smack down ABC’s Mark Mathews of KGO-TV

This is a prime example of how biased and out of touch the elite media is. Of all the issues of the day, on tax day, at an event with 7,000 people, ABC’s Mark Mathews cares about printer ink in Iran. I go to Wal-Mart to get my ink, maybe someone should tell Mark Mathews so he can come and interview me for why I am doing business with Chinese Communists!

Special thanks to Conservative New Media for having a camera on this gem of a moment.

In the interests of full discosure I used to be an employee of HP, but I have never been a “Carly fan”.

Posted in 2012, Chuck Norton, Journalism Is Dead, Leftist Hate in Action | Leave a Comment »

Corruption: Stimulus Funds Spent in Democrat Districts…

Posted by iusbvision on April 16, 2010

Via George Mason University, National Review, and HotAir.

The stimulus bill, as ill concieved as it is, gives is a fantastic opportunity to test Keynesian economic policy and models in comparison to actual results.

Accordiung to the law, districts with the highest unemployment were supposed to get the bulk of the stimulus money. Did that actually happen?

First: The idea behind the $787 billion stimulus bill is that, if the government spends money where it is the most needed, it will create jobs and trigger economic growth. Hence, we should expect the government to invest more money in districts with higher unemployment rates.

Controlling for the percentage of the district employed in the construction industry, a proxy for the vulnerability to recession of a district, I find no statistical correlation for all relevant unemployment indicators and the allocation of funds. This suggests that unemployment is not the factor leading the awards. Also, I found no correlation between other economic indicators, such as income, and stimulus funding.

Second: On average, Democratic districts received one-and-a-half times as many awards as Republican ones. Democratic districts also received two-and-a-half times more stimulus dollars than Republican districts ($122,127,186,509 vs. $46,139,592,268). Republican districts also received smaller awards on average. (The average dollars awarded per Republican district is $260,675,663, while the average dollars awarded per Democratic district is $471,533,539.)

The exact same thing happend under the “new deal” where much of the spending went to swing districts to buy votes. Massive amounts of money spent and non-farm unemployment never dropped below 20% during the New Deal.

The fact remains and it might as well be considered a Law of Economics: Politicians spend money with a political result in mind, not an economic one. Pictorial logarithm proof:

As you can see the log shows no correlation, but look at this….

Well would you look at that. Oh the news gets better…

In the report from Dr. Veronique de Rugy from George Mason University:

I found that an average cost of $286,000 was awarded per job created, a 16.3 percent increase over the previous period.

See the full report HERE.

Now in case you are thinking to yourself, /whiney voice on “Well wait, that economist you quoted doesn’t count cause she is French and she wrote a note about her findings to Natioal Review which means she is a nazi and only twice removed from Hitler’s third cousin!”

Well USA Today hired some econo-geeks and they came up with the same result:

Counties that supported Obama last year have reaped twice as much money per person from the administration’s $787 billion economic stimulus package as those that voted for his Republican rival, Sen. John McCain, a USA TODAY analysis of government disclosure and accounting records shows. That money includes aid to repair military bases, improve public housing and help students pay for college…

More crony capitalism and corruption.

Posted in 2012, Chuck Norton, Economics 101, Obama and Congress Post Inaugration | 2 Comments »

Paul Ryan Takes Dem Congressman to School on Tax Policy: Class warfare makes good politics, but terrible economics

Posted by iusbvision on April 16, 2010

This may be one of the most important video’s you will ever see. It is as valuable as half a semester of macro-economics. Read the following carefully and then watch the video.

Tax rebates don’t work in reality. They work in Keynesian models but they do not incentivize the type of economic activity that helps people. The Democrat Congressman says we passed a tax cut and it didn’t work; no what they passed was a tax rebate check, not a reduction in rates that makes the right incentives.

I love how the Democrat says that “trickle down economics doesn’t work”. This is what they called tax policy under Ronald Reagan, well under Reagan 8 of the top 10 economic indicators went way up, the middle class grew in a big way. The American worker was put in demand. The economy under Carter was worse than it is now. Reagan tax policy was not trickle down at all, it was classic economic strategy designed to incentivize and reward the taking of risk to create jobs and it worked.  Reagan policy was not from the government down, it was from the citizen and investor up. If anything Reagan’s policy was “trickle up” and it worked well because government revenue doubled under the new lower rate, properly incentivized tax system.

Letting people keep more of their money is not  “trickle down”. Having government print up money and spending hundreds of billions of dollars in mostly Democrat districts in hopes that it will revitalize the economy and fire up the private sector most certainly is “trickle down”.  It doesn’t work for one very important reason; politicians and government spend money with a political results in mind, not economic ones. Government spending does not provide the right economic incentives to take risk and invest to create jobs, high taxes and such create the opposite incentive which is why capital and investors are chosing to invest in China and not here. In short, if Obama builds a park with your money how does that incentivize me to take risk investing in FORD, or a new restaurant, or in an American widget maker, or invest in R&D to make a new drug to help people. It doesn’t, but the union landscaper who helped make the park will get some government money some of which will be sent back to the Democratic Party.

I like Paul Ryan because like me, he really understands economics and isn’t afraid to debate it.

Posted in 2012, Chuck Norton, Economics 101, Energy & Taxes, Obama and Congress Post Inaugration | 3 Comments »

AWESOME: Gov Christie on MSNBC. Fighting Public Sector Unions

Posted by iusbvision on April 16, 2010

New Jersey public sector union employees were contributing nothing for many of their health benefits. Gov Christie is asking for less than a 2% concession to help meet the budget deficit so the teachers unions are putting out commercials saying that Gov. Christie hates educations and kids etc  and such nonsense. The unions say New Jersey should just raise taxes….

This is one of the best segments on Morning Joe I have ever seen. Gov. Christie is being so reasonable in his policy that the after the debate the ENTIRE Morning Joe panel agrees with the governor. I do not recall ever seeing that happen before.

Related:

Union Threatens Life of New Republican New Jersey Governor

New N.J. Gov. Christie Freezes Spending – Keeps Campaign Promise – Democrats Furious – UPDATED!

AWESOME: Gov Christie on MSNBC. Fighting Public Sector Unions

Posted in 2012, Campus Freedom, Indoctrination & Censorship, Chuck Norton, Economics 101, Leftist Hate in Action | 1 Comment »

 
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