One
of the more memorable characters to emerge from the Seinfeld television series
was the “Soup Nazi.” His catchphrase was
the infamous “No soup for you!”
Apparently, he made quite an impression on the mayor of New York who is
doing his best to be the self-appointed “Soda Nazi” and declare “No large sodas
for you!” New Big Apple rules prohibit
soft drinks larger than sixteen ounces being served in restaurants. Sixty-five percent oppose the Soda Nazi intervention
but to the omniscient nanny-state, no detail is too small to escape government
intervention and regulation. Meanwhile,
New York City is $75 billion in debt.
There are those who continue to strain at gnats while swallowing camels!
Another
example of obsessive belief in inherent government superiority is California
with Governor Jerry Brown’s irrational and fiscally irresponsible “Bullet Train
to Nowhere.” This green fiasco is also
supported by President Obama. By now,
you should know that the estimated costs of the project have doubled to nearly
$100 billion dollars and will probably not be completed until 2033. In addition, fifty-nine percent of the voters
would vote against it if they had a do over.
So, do the servants of the people recognize that times have changed and
consent to the will of the people? Not
on your life. In their infinite
governmental wisdom, it’s damn the torpedoes and full speed ahead. Stand aside you ignorant unwashed masses and
submit to the will of your superior government masters.
Furthermore,
Emperor Brown now declares that he will “fast track” the project by “easing
legal scrutiny under the state’s landmark environmental law.” Critics of the rail project say all the
projected ridership data is radically overstated but the facts don’t deter governmental
leaders who are so sure of their righteous course. Never mind that these governmental rulers are
the ones who have pursued the same irresponsible fiscal course as their
European counterparts and who have failed to curb any of their Grecian Formula
spending binges. Honestly now, how many
people do you think will drive the eighty-five miles from Los Angeles to
Victorville (about an hour and a half on a good day) to catch a train? Dumb and double dumber!
But
the height of doubling down on dumb is the presidential assault on Bain Capital
and private sector venture capital.
First of all, Bain Capital used their own money; they were not using
taxpayer monies. Secondly, the Obama GST
Steel commercial makes no reference to the steel workers strike, the fact that
they would have gone under years before without Bain Capital intervention, or
the fact that Mitt Romney was off running the Winter Olympics when GST went
into bankruptcy. No wonder Democrat Cory
Booker called the ad “nauseating.”
Additionally, Jonathan Lavine (an Obama bundler for more than $100
thousand) was a Bain principal in 1999, and apparently bears no responsibility
but Romney, who had already departed, is somehow culpable. Even Bill Clinton admitted that Romney had a
“stellar business career.”
It
is also worth noting that Governor Romney graduated with an M.B.A. from Harvard
Business School in 1975 (in the top five percent of his class) and
simultaneously graduated (cum laude) from Harvard Law School. When he became CEO of the Salt Lake Winter
Olympics, he not only refused a salary but he also contributed $1 million of
his own money to the cause.
According
to both ABC and CBS News, President Obama’s “green gamble” (WITH TAXPAYER
MONEY!) has not been nearly as successful as Bain Capital. The infamous Solyndra has been joined in
bankruptcy ranks by Ener1, Beacon Power, Solar Trust, Evergreen Solar,
SpectraWatt, Mountain Plaza, Eastern Energy, First Solar, and Nevada
Geothermal. What’s even worse is that
many of these taxpayer subsidized companies paid out hundreds of thousands of
dollars in bonuses to executives just before declaring bankruptcy.
Meanwhile,
the stock market tanks after an abysmal May jobs report. Predictably, the “glowing” March and April
figures were also revised downward.
Unemployment ticked back up even though millions of workers have given
up and left the work force. We suffered
thirty-six more U.S. casualties in Afghanistan in May, the worst month of the
year. The national debt is now at $15.8
trillion and 43 of the most influential Catholic institutions have filed
lawsuits against the government. These
are real problems that need real leadership but the President’s campaign talks
about nothing but Bain. That’s doubling
down on dumb!
No comments:
Post a Comment