The Honeymoon Is Over And I Want A Divorce - Obama’s Interest Rate Quagmire

He lives in Fairy Land and The White House has become His Magic Kingdom.

My last article talked about the quagmire that our economy will be in if Obama's uncontrolled deficit spending, in His attempt to reshape America, is not brought under control. Two days ago He made a speech where He stated the same thing. Bloomberg published this article: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’.

Yes, higher interest rates would devastate the budget causing astronomical deficits – beyond the enormous ones already in the pipeline. But the problem is NOT HIGHER INTEREST RATES, it’s that He will not stop spending money He does not have. It’s the spending that is causing us to borrow in the first place. He will not give up his dreams to reshape the American economy. Here is another campaign speech (oops, Presidential Address) He made a couple of days ago. He recognizes the danger of increased borrowing but places His vision for health care, energy and the environment at a higher level of importance than mere monetary concerns.

The implication is that we will have to raise our level of commitment to society, lowering the level of our bank accounts.

If He will not stop deficit spending then the only way to reduce the governments’ need to float Treasury Notes is to find different ways of raising taxes. He loves hidden taxes; a dime on a coke or candy bar, a quarter on a gallon of gas, a buck a six-pack, 10% on anything plastic. He’ll nickel-dime-quarter us to death but will not raise our taxes.

His carbon tax could devastate the lower income portion of our society, severely curb the spending habits of the middle class and we already know what He plans for the upper class. His health plan would eventually dictate everything that impacts our health. People that are considered over-weight will have restrictions put on them because they are now a burden to the health care system. We will be told what foods we’re allowed to eat, what doctors we will see and our health care will be monitored for our own welfare. The majority of a person’s medical expenses come in the last few years of life, euthanasia would be the single biggest money saver.

He said today that people should pursue fulfilling careers such as volunteering their time or working for a non-profit. That the American People should aspire to higher level of commitment to the society. That leaves government work out, their all about the money. If He thinks He can dictate salaries in the private sector then the next logical step is to dictate salaries of Physicians, Nurses, procedures, medicines and hospital costs. All would benefit society. Doctors should aspire to a higher level and donate their time.

He lives in Fairy Land and The White House has become the Magic Kingdom.

Renewed Call For Reservists Legislation

As posted previously in Employers Snubbing Reservists employing reservists can be a risky endeavor for small business and a pain for larger companies. With 550,000 reservists called up since the beginning of the Iraq War, a majority of employers, albeit to themselves, resist hiring a reservist. Besides the inconvenience of losing a valued worker there are stiff penalties if something should happen.

Legislation is needed that offers employers tax credits that kick in when an employee returns to work from performing their reservists duties. Why hire someone if their work might be disrupted and all you have to look forward to is penalties. It time to provide a carrot to employers.

National ID’s Soon To Be Required

I’m against this kind of national ID. The idea of a national ID first surfaced after 911 and was pushed as a national ID for immigrants I felt that the government would not resist the temptation to apply the system to all people in the United States. I guess I was right, damn.

The Real ID Act of 2005 passed totally under my radar till I came across this AP article by Leslie Miller: States Challenge Nat'l Driver's License. According to Ms. Miller:

“A revolt against a national driver's license, begun in Maine last month, is quickly spreading to other states.”

From Wikipedia, the free encyclopedia:

1) Establishing national standards for state-issued driver's licenses and non-driver's identification cards;
2) Waiving laws that interfere with construction of physical barriers at the borders;
3) Updating and tightening the laws on application for asylum and deportation of aliens for terrorist activity;
4) Introducing rules covering "delivery bonds" (rather like bail bonds, but for aliens that have been released pending hearings);
5) Funding some reports and pilot projects related to border security; and
6) Changing visa limits for temporary workers, nurses, and Australians.

The article also says that numerous states have pending legislation against the Bill, once again another issue will end up in the courts.

I’ve said this before; I support a national workers ID number administered by the Social Security Administration. Every employer is required to have a Federal ID number before they may hire workers, this would be one for workers and a new number would be issued with every job change, this would do the same job while forcing compliance with the least amount of trouble and cost while protecting our identities. Of course the government doesn’t want clean, simple and effective. There’s no gain in that.