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In response to:

A Profile in Failure: John Boehner

kenneth416 Wrote: Aug 03, 2013 9:06 PM
I think that Mr. Deace is too harsh with the Speaker. Certainly Boehner is NOT a right-wing-nut in the style of Nancy Pelosi on the extreme left. However, he has to walk a think line to ensure that the Tea Partiers on the extreme right and the "regular" Republicans are on the same page in order to preserve his majority. And, of course, Boehner was ELECTED by the members and RE-ELECTED, so apparently most of the House thought he was an acceptable choice.
The Fair Tax, too, has its problems. For example, people of Detroit could jump over the river and make their purchases in Windsor, Ontario, Canada, thus eluding the fair tax. The same is true of many cities on our borders. If set at 19 to 22 percent (as most studies have suggested), and applied to all sales of stocks and bonds, Wall Street would close down overnight! If such sales were exempted, you have then opened the door to all kinds of other exeptions (like newspapers, etc.) Still, the fair tax is better than the current system. Maybe the current system should be maintained, but with one single standard deduction (which would be calculated to approximate the poverty level). Then, all that is left would be taxed at a modestly graduated rate (perhaps 10%, 20%, and 30%) with the inflection points negotiable, enlightened by the amount of taxes which need to be raised.
While I have been critical of Chairman Camp for not having produced a Tax Reform Bill some 3 /2 years after he became Ways and Means Chairman, perhaps I have mis-under-estimated him (as G.W.Bush might have said). Of course, his efforts are, in reality, an exercise in futility as long as Democrats control the Senate and/or Obama is President. Better that he spend his time drafting Articles of Impeachment against Obama, Holder, and Napotilano for malfeasance in office, to wit, failure to enforce the Nation's laws. While the Senate would undoubtedly return a Not Guilty verdict, just having to defend against such action would be good for the Nation.
Good point. The fact is that the races tend to self-segregate in most cases. The exception is that better educated, higher earning blacks are comfortable living in mostly white neighborhoods. The reverse is not true.
Excellent article by Mr. Barone, one which all thinking Americans should read. Of course, in the instant case, Trayvon Martin was taking a short-cut thru a neighborhood where he did not live to get to the largely-segregated one where his father was living with his (father's) fiance. Had he walked along the side-walks or along-side the streets (instead of on the grass near the houses), it is likely that Zimmerman would not have even noticed. But, he chose to walk in the grassy area next to the houses, where Zimmerman saw him, and we all know the rest.
In response to:

Big Risk for Gold and Silver in 2013

kenneth416 Wrote: Aug 01, 2013 10:57 AM
While the need to borrow money, either to finance new projects, or to re-finance earlier borrowings, is challenging for most firms, there could not be a better time to have to go to the credit market, with interest rates so low as to ENCOURAGE borrowing for all sorts of endeavors. Further, I believe that it is a mistake to lump all commodities together, as Mr. Sterman does here. Silver, in particular, is unique, in that, unlike gold, it has plentiful uses in industry, such as in computers, cell phones, medical devices, and automobiles. Further, in the past 60 years, we have consumed virtually all the above-ground silver accumulated in the last 5000 years, and there would appear to be only about 1 billion ounces remaining above ground. Couple that with the fact that, with spot prices around $20/ounce, it exceeds the cost of production. Of course, silver is often or even usually mined in conjunction with gold, so one has to take gold into account in any analysis..
In response to:

O'Reilly: Killing History

kenneth416 Wrote: Aug 01, 2013 10:39 AM
As Will Sonnett said, "It ain't bragging if you can back it up." While O'Reilly is, indeed, arrogant, and, perhaps a little pompous, one has to give him credit for being very intelligent and willing to confront anyone with opposing views, including, infamously, Barney Frank, who was/is no slouch, and has diametrically opposite views on just about everything.
In response to:

O'Reilly: Killing History

kenneth416 Wrote: Aug 01, 2013 10:28 AM
O'Reilly was/is right about Lincoln and Kennedy--both were indeed killed by assassins. Further, there is still some doubt as to who did the killings. So those facts are not in dispute.
In response to:

O'Reilly: Killing History

kenneth416 Wrote: Aug 01, 2013 10:24 AM
Come on, Ann--you could have made your point without mentioning Bill O'Reilly. Certainly, JFK and RFK were dragged, kicking and screaming, to bring Federal troops in to enforce the law. But, honestly, there is no evidence that Ike was any more eager to do so some years earlier. Later admissions to colleges and universities, under Nixon and later presidents, also were swollen with the "coming out" of the black athlete, who soon proved to be superior to most white athletes. Any school which wanted to be competitive simply had no choice but the admit, nay, seek out, black athletes. SAT scores? Who cared? A football or basketball player who could excel did not (still does not) have to have a high SAT score, and even, in some schools, can take such challenging courses as basketweaving 101, taught by a Navajo squaw.
In response to:

The Sins of Janet Yellen

kenneth416 Wrote: Aug 01, 2013 10:05 AM
How about NEITHER of the above? Why do we have to appoint re-cycled hacks, who have served in subordinate positions in the past, to fill the Fed Chairman's seat? How about some new blood? Like some bright, new, fresh, graduate of some State University (preferably in the South) who has not yet been infected with the disease rampant in Washington, D.C.
Rather than property owners, I would advocate a literacy test for casting a ballot. A simple civics exam, perhaps 20 questions or so, asking questions about the Constitution, the 3 Branches of Government, how often our representatives are elected, who are our current Reps and Senators, how the Judiciary is organized, etc. One would have to score at least 75% in order to vote. This would eliminate probably 20 million voters, likely about 15 million of them Democrats.
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