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In response to:

How to Break Up With Obama

gmallast Wrote: Sep 07, 2013 8:22 AM
Would someone please exhume Ronald Reagan? Reagan’s corpse would make a better president than Obama alive. Remember when it was “Morning Again in America”? I sometimes watch that ad on YouTube out of nostalgia for the days when I had a full-time paying job instead of having to conduct a more-than-full-time part-time business that barely covers groceries. Meanwhile, I still need a job or, at least one or two more handyman customers over the Winter. I would ask for more customers, but then I would have to hire an employee and don’t want all the expense and book-keeping burden from being a treated like a criminal by “exploiting” someone by making a profit from his labor.. See my LinkedIn page: www.linkedin.com/in/GaryMallast
In response to:

Turning New York City into Detroit?

gmallast Wrote: Sep 05, 2013 9:11 AM
Atlas doesn't have to shrug anymore. He can just make a few clicks on his computer mouse and millions in capital go someplace else.
In response to:

Why Get off Welfare?

gmallast Wrote: Aug 28, 2013 10:28 AM
I wish the people criticizing the welfare system and welfare recipients and the people trying to help people find jobs as well as the job seekers themselves would get together and compare notes. While I have to agree that if you know how to “game” the system, welfare can be more profitable for some people than work, I can tell you from personal experience that getting anything more than food stamps (Bridge Card) is very difficult for the average person seeking help. There is a real and sophisticated technology needed to get even adequate help, let alone make a bunch of money off the welfare system.. The fact is, it is NOT the height of welfare payments that is the main cause of people not being able to get jobs. The real basic causes. 1. The economy sucks. Firms see little prospects for expanding their businesses so they are not expanding their work rolls. Simple 2. Employers are scared of the future and, therefore, afraid to invest in new employees figuring the high probability each new employee will cost them more than they can make off them. No profit, no job. They only hire when they have to.
Of course, according to the enviorwacky left, growth is bad for the environment, therefore the human economy must be contracted. Obama is a failure to his own constituency! Regardless the Dems seem to be on track with their goal of reducing people to living in bark huts while wearing only a government issue burlap sack and getting around by walking barefoot in the snow. All of course while great noble leader and his cronies have vast palaces, whole wardrobes of the richest clothes and whole fleets of SUVs, aircraft, and ships at their disposal. That is socialist equality after all.
I wish someone would have explained to me how to get my $28,000 in welfare Michigan is supposed to offer when Governor Jennifer Granholm’s destruction of the job market in this state left me desperate. I needed my mortgage covered to save my home of 60 years.. There were other forms of assistance I could have used too. All I could get was food stamps (Bridge Card). What is stupid is that I could get nothing for housing, clothing, utilities or, most tellingly, job hunting expenses such as phone, internet access, or even paper and ink. One of the worst aspects of the welfare system is that it subsidizes clever crooks who know how to “game” the system while those in real need of emergency help are often left sitting on hard plastic chairs forced to listen to really awful Musak for hours before their case worker tells them that the welfare system can be of no help. Let’s get one thing straight. The welfare system DOES NOT exist to help the poor. It exists to get votes from the naïve for lying, crooked politicians as well as big salaries for them and their cronies and to garner large government subsidies for corrupt businesses and unions. For example, the Food Stamp program was founded and exists mainly as a subsidy to giant agribusiness to sustain food prices above what a free market would allow. While the majority of people on assistance are forced there by unfortunate circumstances over which they have no control, I am running into an increasing phenomenon of people whose chief goal in life is to live on welfare doing nothing but watching television and munching on government paid for junk food.
In response to:

Living Large on Welfare

gmallast Wrote: Aug 22, 2013 10:30 AM
I wish someone would have explained to me how to get my $28,000 in welfare Michigan is supposed to offer when Governor Jennifer Granholm’s destruction of the job market in this state left me desperate. I needed my mortgage covered to save my home of 60 years.. There were other forms of assistance I could have used too. All I could get was food stamps (Bridge Card). What is stupid is that I could get nothing for housing, clothing, utilities or, most tellingly, job hunting expenses such as phone, internet access, or even paper and ink. One of the worst aspects of the welfare system is that it subsidizes clever crooks who know how to “game” the system while those in real need of emergency help are often left sitting on hard plastic chairs forced to listen to really awful Musak for hours before their case worker tells them that the welfare system can be of no help. Let’s get one thing straight. The welfare system DOES NOT exist to help the poor. It exists to get votes from the naïve for lying, crooked politicians as well as big salaries for them and their cronies and to garner large government subsidies for corrupt businesses and unions. For example, the Food Stamp program was founded and exists mainly as a subsidy to giant agribusiness to sustain food prices above what a free market would allow. While the majority of people on assistance are forced there by unfortunate circumstances over which they have no control, I am running into an increasing phenomenon of people whose chief goal in life is to live on welfare doing nothing but watching television and munching on government paid for junk food.
Just a reminder, the propaganda ministry in Orwell's "1984" was called "The MInistry of Truth."
First a reminder that GDP is an intellectually dubious concept in itself. Ludwig von Mises pointed out in “Human Action” that when you buy one apple, you will pay a different price PER APPLE than if you buy a whole bushel of apples and different again if you buy a whole truckload of apples. That is because you and everyone else values a bushel of apples or a truck load of apples as a whole, not as a quantity of individual apples. Thus adding up the prices of all the goods sold doesn’t really produce a meaningful number. It is like trying to determine the price of a truckload of apples by adding up the prices of apples bought one at a time. Also intellectually shaky is the fact that GDP is calculated by ADDING the prices of government goods to the prices of private sector goods. Murray Rothbard argued that the prices of government goods should be SUBTRACTED from GDP because they are paid for with money coercively taken. Government is NOT totally non-productive as Rothbard argued. We DO get police protection, military, roads, and lots of paper shuffling and bureaucratic harassment out of government. But, of course, government economic decision-making being systemically ignorant, these things are provided very inefficiently. So reality falls someplace in between. But determining just how much government goods should be added and how much subtracted is problematical and certainly impossible. But fools continue to treat government statistics as if they were graven by the finger of God on Mount Sinai. So people continue to doggedly believe the numbers coming out of government statistical bureaus as well as the revisions of the numbers, and revisions to revisions of the numbers, and revisions, to revisions, to revisions of the numbers. I have started reading Dr. Leon Festinger’s “When Prophecy Fails” in an attempt to understand why people stick to certain beliefs in the face of their obvious failure. Dr. Festinger and his associates studied a flying saucer cult in the 1950s that predicted the end of the world on a certain date. And yet, many of the believers stuck to their beliefs in the cult in spite of its obvious failure.
It is amazing how socialists think they can run everything and can't run anything--except into the ground.
Coleman...er...Barack Obama and Rahm Emanuel don't want to go after robbers and murderers out of professional courtesy. It is part of the Detroitization of America.
In response to:

Detroit Broke City

gmallast Wrote: Aug 02, 2013 6:43 AM
A quote I have heard attributed to various people, but I will go with Will Rogers, says, “The trouble with the world ain’t what people don’t know, it’s what they THINK they know that just ain’t so.” Economic ignorance the world over is beyond contempt. But Detroit is one of those places where it is concentrated. What is not brought up enough in discussions about Detroit’s bankruptcy is how well relatively Republican Oakland County is doing. While certainly down, Oakland County is doing quite well compared to Detroit thanks in part to controversial Republican County Executive L. Brooks Patterson. Oakland County actually touches Detroit’s northwest corner. Around here, if you find a job, it will probably be in Oakland County. Before going head over heels for the GOP, it must be kept in mind that while there are some good Republicans around here there are also many RINOs indistinguishable in their voting records from Democrats. Neighboring Macomb and Washtenaw counties are also doing better than Detroit (who isn’t?). But not as well having significant regions of voters with Detroit-like attitudes. At any rate the problem the world over is the ignorance of economics which is not so much due to lack of people studying economics but academic economics having been for over a century now in the hands of socialist and inflationist cranks. The notions of the academics do trickle down to the less educated by public schools and the media. The ignorance of sound economics among the mainstream media is horrific. So they perpetuate quackery by propagating it to the majority of people who let the blatherers on the boob tube do their thinking for them. Economic education and education in economic history is of critical importance if Detroit, the U.S. or anyplace else is going to be saved when the inevitable collapse of the welfare states occurs. Libertarians and conservatives are great book writers, but if the message is going to get out, it must be done by visual media. “The trouble with socialism,” said Lady Margaret Thatcher, “is what do you do when you run out of other people’s money?” Detroit has run out of other people’s money.
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