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In response to:

The Strange Source of Our Cuba Policy

johnm h Wrote: Dec 21, 2014 8:05 PM
All good reasons to keep it.
The left has been out to destroy the US national security since the heady days of the coup against Nixon. Nixon's sins were bean bag compared to Obama's. His biggest sins were that on domestic policy he was very liberal but that isn't an impeachable offense unless done unconstitutionally as Obama has been doing.
Empty self righteousness borders on madness especially when put in this context. Telling dangerous enemies what we won't do is mad, releasing old news which was settled years ago in the middle of a struggle is mad. Releasing it with all the fan fare in order distract attention from real craziness is mad. Releasing terrorists from Gitmo, in order to eventually close it is mad. Releasing the study in order to set the stage to release prisoners from Gitmo is mad. And falling for it, well maybe it's not madness just stupid.
In response to:

Bush 41, A Man of Character?

johnm h Wrote: Dec 14, 2014 8:12 AM
Agree, but in this instance he didn't choose to do the right thing, he caved into pressure and didn't know enough to know what the right thing would have been.
So we've turned blacks into brown shirts. Just part of the program. Now all that's necessary is to organize them. How about we have a youth corps to put all those unemployed thugs to doing something good. Yea, first some basic education. This is always the second step the far left undertakes after taking power. If anyone proposes a youth corps, watch out, that isn't what it's all about.
It's rotten to the core and provides insight into how difficult it is going to be to reform much of anything. What I hope it teachers the few with integrity is that reform of existing taxes and regulations not to mention spending is impossible. It will be possible to toss it all out the window once we have congress and the white house and begin from zero. How many up there have the grasp to know why this is so and how to go about it?
So even though half the world still lives in poverty there is nothing useful for them to do and nothing we can make. Deflation? After a century of inflation some price adjustments would be good. Deflation is the bugaboo of establishments because they use a lot of credit, but it's good for the rest of us. The fear comes from a Keynesian view of the world which happens to have always been wrong. On a gold standard some countries are always suffering deflation and some always inflation, that is what causes balance of payments adjustment.
In response to:

Obama’s Onslaught Against Non-Profits

johnm h Wrote: Dec 14, 2014 7:23 AM
Most of these foundations support big government. Most people don't really get to deduct and a lot of what they do is questionable. Just do away with income tax code and replace it with a fair tax or combine a consumption tax with a flat tax that allows no deductions and the problem goes away. People will still give to charities and to their churches but a lot of pernicious tax free political organizations will shrink. That'd be good. If Democrats do away with the deduction they get to take the hit and it makes it easier to adopt sound taxes when conservatives take over. Sounds good to me.
In response to:

Bush 41, A Man of Character?

johnm h Wrote: Dec 14, 2014 7:14 AM
He was a gentleman but he lacked something; he admitted to having no vision, "the vision thing" but it was more than that. He raised taxes because most of his advisors caved to Democratic pressure and even Stockman advised raising taxes. He simply lacked the economic knowledge and the grasp of the bigger economic picture. He couldn't go against the main stream media. He imposed sanctions on Panama and on Haiti because he was convinced by staff that this would lead to the departure of both dictators. He should have known better but again he lacked a grasp of the larger picture, so he imposed great hardship on these countries and in both cases we ended up invading. He didn't finish off Sadam when he had a chance, instead he encouraged Kurds and Shia to rebel then abandoned them, had to impose a no fly zone and sanctions and, as they say the rest is history. The vision thing comes from understanding the larger forces in history and economics and having a set of values that guide how one ttys to shape them. Nixon had this on foreign policy but not domestic, Reagan had in on foreign and domestic policy. G Bush also lacked this grasp of historical and economic reality but was a courageous man and a gentlemen.
Yes, that monetary base is out there and if there is economic growth it will explode into money the Fed will have to tighten and that will blow the budget away. We must begin to cut and cut deeply but Congress can't do it a new President must. Reagan had the good luck to have Volker, so when he reformed taxes growth and expanding credit led to higher interest rates which was just what the economy needed. Now we couldn't handle them unless we drastically reduce spending. The next president will be one term unless a democrat wins and we continue to slow descent into permanent stagnation.
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