Archive for the ‘George W. Bush’ Category

Obama, The Black Panthers, George Bush

Monday, July 12th, 2010

A popular idea has been aired on conservative radio and television by the likes of Glen Beck, Sean Hannity, The Wall Street Journal and others that the Obama Administration at the behest of Eric Holder has let off New Black Panther Party members who engaged in voter imitation. This fits into an idea in the minds of conservatives that the Obama administration is full of liberal radical who believe in black liberation theology. The only problem is non of this is true. Obama certainly is a liberal but the events in question have not happened as reported.

The case against the New Black Panther Party members was actually dropped during the last days of the Bush Administration The truth is Obama isn’t really a radical he is just a big government Democrat. As nice as it would be to believe in some big giant conspiracy I believe the truth is scary enough.

Link via Julian Sanchez

Obama Signed Up For A Hard Job

Thursday, August 13th, 2009

Recently, Barack Obama has taken to blaming George W. Bush for problems such as our economy. It is true George W. Bush did screw up the economy pretty well but eventually Obama is going to have to take credit for it.

Obama signed up for a bad job when he ran for President. Being President normally is a hard job. It becomes an even harder job when you are President and start off with a recession and two wars going on.

I guess the only really good part about starting off with a country in a lousy condition to run is it is pretty easy to make things seem better.

Ron Paul on Freedom Watch

Thursday, June 4th, 2009

Ron Paul appeared on yesterday’s Freedom Watch with Andrew Napolitano. Freedom Watch is a web only news show hosted by former Judge Andrew Napolitano.
Ron Paul is right we should have allowed GM to go bankrupt months ago. Keeping GM alive these several months was just a waste of money but then maybe it is cheaper than unemployment insurance for all those workers. Ron Paul is right to say that the Republican Party has given up the right to provide opposition to these bailouts by supporting them when George Bush was in power.

The argument often made in favor of why Republicans supported the bailouts is that we were in an emergency and something had to be done. Yes, we were in a bad situation but there is little evidence that government action has helped to solve the crisis. The Government always uses emergencies as an excuse to take on more power and do things that the people would not normally approve of.

Voting Is Scary

Thursday, October 30th, 2008

Voting isn’t really scary in the United States unless something goes extremely wrong. Choosing candidates to vote for now that is the scary part. Reason Magazine has a survey of its writers and contributors and who they plan to vote for President.

My answers are down below:
1. Who are you voting for in November? Bob Barr. He is not a perfect candidate but who is. Voting for Bob Barr gives the clearest signal to the world that I side with libertarians. I’m not going to vote for John McCain because he strikes me as crazy and believes that national greatness can be brought to the country by the government. Barack Obama is a liberal who wants to spend more than most of the other candidates running and would make George W. Bush look like a fiscal conservative. So I am voting for a former member of Congress who has recently lobbied on behalf of the MPP and opposed the bailout of the banks.

2. Who did you vote for in 2004 and 2000? In 2004: I voted for Badnarik and was a candidate for the electoral college for Badnarik in New York. Badnarik was a loon who could not drive himself anywhere because he refused to give the DMV in Texas his Social Security number. But Badnarik was not Bush or Kerry and he talked and believed in smaller government. In 2000: I voted for Harry Browne. I thought about voting for George W. Bush because he said he was against nation building but I am sure glad I did not make that mistake.

3. Is this the most important election in your lifetime? I’m not sure. Looking back the 2000 Presidential Election was a big deal. I don’t think we would have gone into Iraq after 9/11 if Al Gore had been President.

4. What will you miss about the Bush administration? Laura Bush. Laura Bush has been a very gracious first lady who has had very little involvement in policy which I admire in a first lady.

5. Leaving George W. Bush out of consideration, what former U.S. president would you most like to have waterboarded and why? I’m tempted to agree with what Grover Norquist told Reason that it should be Dick Cheney for poetic justice reasons. I guess it would have to be one of the warmongering Presidents like Polk, Jackson, Wilson or Johnson.

Bailing Out Investors Bad Decisions

Tuesday, September 30th, 2008

The United States is economy is in pretty bad shape right now. The economy is in such poor shape right now that we must hand over at least $700 billion to the Treasury Secretary to purchase bad debt from Wall Street.

The reason many people say we need a bailout is to make up a string of bad decisions made on Wall Street. From what I understand the problem is that Wall Street firms continued to create securities consisting of worthwhile and worthless mortgages that eventually created convoluted securities than no wants any more. If no one continues to buy these securities, banks on Wall Street will lose lots of money, which it feared will create a credit crisis that will mean it will be more difficult for consumers and businesses to borrow money.

I remain unconvinced that this bill is a good idea. $700 billion is a lot of taxpayer money equal roughly the cost of Iraq war to date. The federal government does not have this kind of money to spend over a short period of time due to Congress inclination not to limit spending or raise taxes this bill will probably largely be financed through government spending which will push us further into an economic crisis. Sure the bill may not actually cost $700 billion, some people think the government will actually make money off the bailout but the bailout could alternatively cost more than $700 billion since 700 billion is just a figure basically made up by the Treasury Secretary.

The bailout goes against the way capitalism works. Capitalism is a system of economics based on profit and loss. Traditionally in capitalism, people who are more productive and make a profit are rewarded, the opposite side of the coin is that people have to take losses when they make bad decisions. The people who invested in mortgage securities whose worth is not clear made bad decisions. If you take away the downside of bad decisions, you will just encourage people to engage in riskier decisions without any regard to whether or not they will be profitable; economists call this moral hazard.

The House of Representatives did vote down the bailout yesterday but the bill is not completely dead. It appears as the bill will be reintroduced in the House of Representatives on Thursday after Congress returns from the Jewish holiday.

Update 1:

Bush Considers Idea of Off-Shore Drilling

Wednesday, June 18th, 2008

President Bush has decided to come out in favor of allowing states to participate in off-shore drilling. Bush is pushing a good policy proposal here. It is too bad Bush never did this earlier in his administration.

Impeach Bush Now!

Saturday, June 14th, 2008

Rep. Dennis Kucinich has led the charge of impeachement against Bush.

Kucinich has pushed the House of Representatives to vote on sending articles of impeachment to be taken up by the judiciary. Kucinich had previously attempted to raise the issue several times for impeaching both President Bush and Vice President Dick Cheney.

I support the impeachment of George W. Bush for no other reason than it will be a waste of time and will not cost that much money compared to the other actions that Congress would be taking. Unfortunately, it does not look like the motion will be taken up by the Judiciary Committee since John Conyers realizes it is a waste of time.