Six Lessons

On August 8, 2011, in Economy, by TheLoudTalker

A co-worker forwarded me an email that makes so much sense I have no choice but to post it. The following list of lessons comes from Umair Haque via twitter. Dear Congress, dear Mr. President. Stop everything you are doing and read these. They are short enough to fit into your schedule, and simple enough to understand.

  • The first lesson is: when you don’t reinvent institutions at a time of systemic failure, the problem doesn’t just magically disappear.
  • The second lesson is: when you prop up the institutions causing the crisis, instead of reinventing them, the crisis will deepen.
  • The third lesson is: when dysfunctional institutions prop one another up, prosperity’s a house of cards. Crisis becomes stagnation.
  • The fourth lesson is: when propping up failed institutions has drained your resources, you’ve turned a crisis into a catastrophe.
  • The fifth lesson is: the longer it takes you to see a crisis for what it truly is, the disproportionately worse it’s likely to get.
  • The sixth lesson is: when people who are prisoners of the paradigm that caused the crisis are in charge of fixing it, bet on… more crisis.
Cut out the partisan bickering. Stop the divisive messaging. Do your damned jobs!
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Debtastrophy my ass…

On July 16, 2011, in Economy, by TheLoudTalker

I’m not buying it.

Back in January of 2009, newly inaugurated President Obama warned America that we needed to support his $750B bailout. He warned that failure to take “dramatic action” on the package as soon as possible would have devastating long-term consequences for America

Two and a half years later we have seen the Obama administration deliver devastating long-term consequences for America, but not because of TARP. Uncontrolled spending and the appointment of radical ideologues has taken America down a financially disastrous path. Now we are being warned that failure to raise the debt ceiling will be “like ‘Star Wars’

Funny thing, we’ve seen scare tactics before. Hank Paulson said back in October 2008 about the proposed $700B bailout, “I am convinced this bold approach will cost American families far less than the alternative — a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion.”

Did that happen? Of course not. What did happen is that hundreds of banks received billions of dollars and the common man paid the bill without getting anything for it. Credit markets are still tight, borrowing money is as difficult as ever, and there is no end in sight to the president’s desire to spend even more under the guise of saving America via big government.

America has lost all confidence in its leadership. Politicians on both sides of the aisle have spent us into a dark corner and there is no easy way out. From the mouth of our charismatic uniter, the champion of hope and change, all we seem to get is a stern lecture and down the nose condescension the likes the American people have never, ever received from their president before. Instead of guidance and direction we get scare tactics and stern yet hollow words from an inexperienced president in way over his head.

I don’t want to sit through the Sunday news shows and listen to people claiming that words said behind closed doors are the justification for the continued destruction of our economy. Damn it, you people work for us!,If you want our support you better open those doors. Break out some transparency before we open up another can of whoop ass in the voting booth next year. There is no shorter leash than the one around every neck in Congress right now.

And here’s a tip. We need real evidence. Show us charts, cite your sources, and speak in terms that real people can understand. Paulson, Pelosi and Dodd tried to scare us into supporting the $700 billion TARP package. What convincing evidence did Americans see? Nothing. We were told to trust Congress. We were told that behind closed doors some really powerful people were shown very scary charts and that the whole situation was perilous. too perilous for little ol’ taxpayers to get a glimpse at. Funny thing, the $700 billion TARP figure was not even based on any analysis or facts. A Treasury spokeswoman told Forbes magazine “It’s not based on any particular data point, We just wanted to choose a really large number.”

Really? A really large number? Why not eleventy fiveteen twenty seventy? Give me a break people, if you want voter support you better bring something to the table better than a wild-ass guess. So until I see some actual data, some real fact-based consequences, I’m not buying the “debtastrophy” horror movie script you are selling us. IF you provide compelling and realistic data, I’m willing to listen. Until then you have no more credibility chicken little.

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Team Beck Slams Obama Immigration Comments

On May 18, 2011, in Politics, by TheLoudTalker

Today on the Glenn Beck radio program he and his team played audio from a recent Obama speech on immigration. I heard this on the way to work and feel compelled to have as many people as possible listen to it. In just a few sentences Obama manages to lie, make stuff up, impose morals and quote scripture. I thought all of that was bad, at least according to the left. It sure is hard to keep things straight under the rule of liberal hypocrisy.

This excerpt is from Glenn Beck’s Insider Extreme access, I highly recommend it. You get live video access to his three-hour radio program, plus a fourth hour of extra content, plus lots of other informative stuff. I’m not paid to say that, I just want to give credit where appropriate. I don’t think he will mind me sharing this short segment in an effort to get the word out about this excellent example Obama’s ridiculous stance on the border and the hypocrisy and double-standard of our liberal administration. If he asks me to take this down I will certainly do so.

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Who Is Herman Cain?

On May 16, 2011, in Politics, by TheLoudTalker

The public is just now starting to get a glimpse of the man I think will be the Republican nominee in 2012. Allow me make it easy for you to see what he has done in his life.

  • He was born in Memphis, Tennessee but was raised in Georgia. His mother was a maid and his father was a chauffer.
  • He graduated from Morehouse College in 1967 with a BA in math. He received his Masters of Arts in Computer Science from Purdue in 1971. While in graduate school he worked full-time for the US Department of the Navy.
  • His work resume includes Coca-Cola (analyst), Pillsbury (VP), Burger King (Regional Director) and Godfather’s Pizza (CEO).
  • At Burger King he converted his region from the least profitable in the country to the most profitable in the country.
  • At Godfather’s he returned the company to profitability in just over a year.
  • After his success he left to become CEO of the National Restaurant Association.
  • While running Godfather’s, Cain became director of the Federal Reserve Bank of Kansas City, eventually serving as chairman until 1996.
  • In 1996 he became active in politics starting with his work on the Dole/Kemp campaign.

To sum up the list above, you could say that Herman Cain has “experience.”

Now just for grins, let us compare his career to President Obama:

  • Born in Hawaii six months after his mother marries a man with a wife and other children in Kenya. His father was a politically active anti-colonialist and an alcoholic who eventually abandoned his family. His mother ended up twice divorced and died of ovarian cancer in 1985 when Barack was 22 years old.
  • Obama attended Occidental College, then graduated from Columbia in 1982 with a Bachelor of Political Science, then Harvard Law in 1991 with a Juris Doctor magna cum laude. While in college he decides to become a community organizer while trying to find his own identity.
  • His work resume includes the Developing Communities Project (Chicago), Davis, Miner, Barnhill & Gallard (Chicago law firm), and he taught constitutional law at the University of Chicago Law School.
  • In 1996 he ran for Illinois State Senate and wins the seat. He loses his first run for Congress in 1999, is re-elected to the state Senate in 2002, and enters the race for US Senate in 2003. He is elected to the Senate and begins serving in 2005. In February, 2007 he announces his candidacy for President of the United States.

In summary:

  • Cain has 25 years of legitimate business experience, plus another 15 years of political and media experience.
  • Obama has six years of community organizing and four years of teaching prior to his 12 years of political campaigning.

I say “campaigning” because every office he won was just a stepping stone to his next campaign. He would win an election, serve for a while, then run for higher office. Winning the presidency is an amazing and historic achievement, but it is the end of the line for him. He can no longer run for a higher position. Now he has to work, now he has to actually commit and vote on issues. And look what the past two years have given us.

Here is one of my interviews with Mr. Cain from Right Online last year. Watch this man, he will be the Republican nominee.

 

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Masterfully Stated: Apology Please.

On May 3, 2011, in Politics, by TheLoudTalker

Sometimes you find something that expresses exactly how you feel. Treat this like a fine wine, savor it, enjoy every flavorful swirl.

The left, the American left, the Democrat Party of this country, the liberals, owe us and the United States an apology. They owe us an apology for taking every opportunity to undermine our efforts to track down Bin Laden and other terrorists. They have been the primary obstacles to getting Bin Laden. Since 2003, 2005, whenever. Whatever period of time after the 9/11 attacks or the invasion of Iraq that you want to go back to, the primary obstacle to achieving Sunday’s result has been the Democrat Party.

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