Wednesday, August 31, 2011
On second thought, this is narcissistic.... just laced with stupidity!
These people, rather typically, ignore facts and details and report only from their prejudices or talking points provided for them.
They ignore the fact that, in 2008, 53% of voters voted for Obama, in good faith and hope, when there was nothing positive to define him. He was black! Months after his election, even more, 69% of voters, supported him .... still in good faith. He was still black. Now, nearly three years of essentially fiddling while America burns, his support has diminished to near half of that.......and he is still black.
Where's the logic, where's the justification for claims of racism? This speaks volumes for the lack of judgement of a large bloc of people who refuse to analyze results and make decisions based on logic and facts. Want more proof of this non-analytical thinking? Look at what has happened to our education system as we've spent billions of dollars and results have gotten progressively (oops, interesting word) worse. Oh yes, analyze (objectively!) what unions did for jobs in the manufacturing sector and decide if promotion of unions,a la Obama, is good for job creation ............. or simply good for building voter blocs. And, look at what public service unions have done for socialist nations (the PIIGS e. g. ) and decide if Obama's push for more of them is for the good of America or good for voter bloc building. There is much more. Some will roil at these comments, but try to subdue prejudices and look at facts. It's not my intent to upset anyone, but these are critical issues that should be dealt with....and aren't.
Tuesday, August 30, 2011
Older folks will want to think back to the 60s, some should think back to 1973.
Some of the newer ones --- problem to issue, taxes to revenue, government spending to "investment" (without determining ROI, of course), a critic of government excesses to "terrorist," holding politicians accountable to "holding hostage," trying to reign in government excesses as "obstructionism," more......
Now he is exposed for corporate tax problems over many years, and most will still say ho-hum since he admits it and vows to have it all settled.....back to 2002.
Corporations' disputes with IRS are not uncommon, but one's lasting so long are to be questioned.
Obama has these kinds of people all around him and many people just don't care. They didn't when they elected Obama. Why?
Some who read these notes will wonder why I speak as I do of the "president" and some will be downright angered. I gave him nearly 3 years and tried to find substance, depth of thinking, at least rudimentary understanding of how America works, how our economy works, even the intellect that he was said to have, and more......but I haven't found it. I will write more specifically about these points now that we have power again focusing first on the economy, unions, and jobs (the mantra of the times).
It's interesting that the WSJ recently got a couple of things correct.....a bit about how the economy works and finally a detailed article on what our national debt really is as a % of GDP....finally someone will print it.....Oh yes, they even focused on Buffett's sham tax argument. Hell may be freezing over!
Friday, August 26, 2011
BUFFETT'S BANK OF AMERICA DEAL, THE “BAILOUTS” – and OBAMA?
Let's examine Warren Buffett's latest investment in B of A (BAC). As reported in the WSJ today, he virtually forced CEO Bryan Moynihan into an agreement for him to invest $5 Billion in the bank. To understand this deal, it is informative (even necessary) to look back at the bank “bailout” by taxpayers, although taxpayers had no voice in the matter. Conditions of the bailout required BAC to suspend dividends on common shares to near zero, a token amount. Many people, especially seniors who had all their lives depended upon the stability and safety of bank stocks, as well as utilities, took a hard financial hit. BAC shareholders lost both their capital and their income. I know some of these people. It has been devastating! BAC shares currently yield 0.6% dividends!
Now comes Buffett, the “consummate wise investor.” He cuts a deal for a special preferred stock that will pay him 6% dividends when MONEY IS DIRT CHEAP.
Yeah, this is “smart” investing, but does anyone doubt the rest of the story. Being a friend of Obama and an advocate for the president's tax increases undoubtedly makes it even easier to be smart. Oh, but maybe Buffett will use the extraordinary dividends to pay the extra taxes he “wants to pay.” Don't hold your breath and don't bet the bread money on it. I don't discount Buttett's investing acumen, but his hypocrisy and crony capitalism should be revealed along with the president's actions -- for what they really are.
That reminds me of the GM deal and “saving the auto” industry (for the UAW)...but that's another story.
Thursday, August 25, 2011
August 25, 2011
To: Barack Obama, President of the United States of America
Mr. President, you were elected with no record of achievements to define you as qualified. Even your academic records were sealed from scrutiny, and still are. A majority of voters supported you in good faith with hope that you would be the leader needed to solve America's problems. After three years, hope has vanished. Rather than being the transformational president hoped for, you have practiced class warfare and partisan politics that render you a most divisive president. You and your advisers have not demonstrated adequate understanding of the economy. Your “stimulus” spending has been a failure, as expected by all but the most ardent adherents to failed Keynesian economic theory. Your flippant comment and laughter after failure of nearly $1 Trillion on “shovel ready... ,” that “shovel ready wasn't as shovel ready as you thought,” was reprehensible, defining you as non-caring and an affront to every American, especially those struggling with no jobs. Your profligate spending, even on campaign-related travel (not even thinly disguised as official state business) is unacceptable. Your domestic policy must be judged a failure. Four trillion dollars in 3 years! Excessive spending and failed policies define you.
You have offended America's most loyal allies in Europe, especially Britain. And, your actions toward Israel are unacceptable. You and your advisers are now defined as inadequate and worse in foreign policy. It is time for change. If you continue on the same course, your presidency will be one of monumental failure. All Americans will be the victims.
You may leave a positive legacy and be viewed as a statesman by doing the following:
Declare that you will not be a candidate for president in 2012, freeing you from campaigning. Commit yourself to solving America's problems to prevent her demise.
Remove all “czars” and advisers and divorce yourself from radical people who want to transform America to a socialist nation.
Fire all economic advisers. Restaff only with people having operations experience.
Recruit experienced operations people for interdisciplinary groups to solve critical problems.
Divorce from union heads and union people you have in major positions – NLRB e. g. and stop catering to trade and public service unions.
Recognize that the economy (now controlled by the financial industry) has problems and government pressure that deter growth and job creation.
Fire the heads of agencies, such as EPA, who either do not understand the damage of their actions, or don't care.
Begin the process of diminishing, eventually abolishing, the Departments of Education and Energy. Revise drastically the Department of Agriculture.
Exit Afghanistan now!
Mr. President, if you are unwilling to take the above actions, resign the Office of President of the United States immediately and let a competent group of people solve our problems and save traditional America from ruin.
Dr. J. A. Mann, PhD
Tuesday, August 23, 2011
Monday, August 22, 2011
CARMA INVOCATION – 21 APRIL 2011
I AM NOT A MEMBER OF THE CLERGY AND I DON'T WEAR RELIGION ON MY SLEEVE. BUT, I VALUE PRAYER AND I CONSIDER FAITH A STATE OF MIND DRIVEN BY FEELINGS FROM THE HEART. THE ASSAULT ON OUR JUDEO-CHRISTIAN PRINCIPLES AND ON THOSE OF FAITH CAUSES ME TO ASK THE FOLLOWING:
HEAVENLY FATHER, WE COME TO YOU WITH HEADS BOWED IN GRATITUDE FOR THE MANY BLESSING YOU’VE BESTOWED UPON US.
AS WE ASSEMBLE HERE IN FELLOWSHIP AND WITH THE INTENT TO BE INFLUENTIAL IN THE WAY WE ARE GOVERNED, WE ARE GRATEFUL FOR THE FREEDOM TO DO SO AS WE ARE FOR ALL THE FREEDOMS WE HAVE ENJOYED AS AMERICANS, FREEDOMS ENDOWED BY YOU.
WE ARE GRATEFUL FOR THOSE DEDICATED AMERICANS WHO HAVE PROTECTED OUR FREEDOMS AND EVEN HELPED BRING LIBERTY TO MILLIONS OF OTHERS IN THE WORLD …..MANY HAVE PAID THE ULTIMATE PRICE WITH THEIR LIVES.
WE ARE GRATEFUL AND PROUD THAT TRADITIONAL AMERICA HAS BEEN AN “EXCEPTIONAL NATION” WITH A CULTURE BOUND BY ABSOLUTES OF MORALS AND ETHICS – A ROLE MODEL FOR MANY AROUND THE WORLD.
NOW AMERICA’S EXCEPTIONALISM IS BEING DELIBERATELY DIMINISHED AND MORAL AND ETHICAL ABSOLUTES ARE BEING REPLACED BY RELATIVISM BY THOSE WHO SHOW DISDAIN FOR TRADITIONAL AMERICA AS THEY FIGHT TO “TRANSFORM” HER INTO A MODEL OF THEIR MAKING.
SECULAR HUMANISM IS REPLACING OUR JUDEO-CHRISTIAN FOUNDING PRINCIPLES.
OUR ECONOMIC SYSTEM, TRADITIONALLY A MODEL FOR THE WORLD, NOW HAS STRUCTURAL PROBLEMS THAT CANNOT BE SOLVED BY METHODS BEING USED BY CURRENT "LEADERS". WE PRAY FOR REAL LEADERS TO SOLVE THESE PROBLEMS.
AMERICA’S NATIONAL DEBT HAS GROWN TO BURDENSOME LEVELS THREATENING OUR SOLVENCY AND EVEN OUR SOVEREIGNTY.
AMERICA, AS WE HAVE KNOWN AND LOVED HER, IS UNDER ATTACK FROM WITHIN, AS WELL AS FROM THE OUTSIDE. FATHER, WE PRAY FOR TRADITIONAL AMERICA
STATESMANSHIP IS ALL BUT ABSENT IN OUR NATIONAL LEADERS. UNSELFISH ATTITUDE AND FAITH, THAT ONCE BOUND THOSE OF DIFFERENT PHILOSOPHIES FOR A COMMON PURPOSE AND FOR THE BENEFIT OF MANY, IS TOO RARE TODAY.
FATHER, WE ARE IN A STRUGGLE FOR THE HEART AND SOUL OF TRADITIONAL AMERICA.
WE PRAY FOR YOUR GUIDANCE IN THIS STRUGGLE IN THESE PERILOUS TIMES. PLEASE GRANT US THE KNOWLEDGE AND THE WISDOM WE NEED TO BE EFFECTIVE IN OUR BATTLE TO MAINTAIN TRADITIONAL AMERICA.
FATHER, WE PRAY FOR THE EMOTIONAL STAMINA AND RESOLVE NECESSARY TO PREVAIL. WE HUMBLY ASK THIS ON BEHALF OF ALL AMERICANS.
JOE MANN, 21 APRIL 2011
Sunday, August 21, 2011
Friday, August 19, 2011
I first observed this in 1965 when I met Jimmy Carter at GA Tech. As a 24-year old, newly minted junior faculty member, I was assigned to accompany Mr. and Ms. Carter as they toured the campus and spoke to students and faculty. One of my first thoughts was, "how can he hope to be Governor of Georgia?" He was unfriendly, self-focused and mediocrity seemed an apt descriptor. But, not only did he become governor, lo and behold, he became President of the USA. But, you know that....and you know that he has often been described by his fans as "brilliant." If he were brilliant, we would not have the ethanol-in-gasoline mandate (expensive and of no value). We wouldn't have the CRA (1977) although to be fair to Carter, he couldn't have expected Robert Rubin and President Clinton to use it as a vehicle for fraud by the banks (SIVs, CDOs, credit default swaps, etc.) and the sub-prime loan debacle -- the "house for everyone nonsense. Yes, folks, check out the housing bubble and find that in 1994-5 the housing bubble became 4-fold normal sales. Of course, it burst in 2008.
If Carter were "brilliant," the middle east would, in all likelihood, be a different situation today. By throwing the Shah of Iran under the bus and supporting Ayatollah Khomeini, whom he and his UN Rep. Andrew Young called a "saint," he religated 40 million Persians and others in Iran to a lifetime under Shariah law, bred Hezbollah out of the Muslim Brotherhood and more. Hezbollah now controls Lebanon, is involved in most of the Mideast conflicts and is building a strong presence in the "Triple Frontier" of S. Am from which to get to the USA. But, I was said to be "stretching the truth" by a "brilliant" person here in my town when I reported this a year ago after first reporting it after 9/11/2001. Ten thousand references were not enough to persuade the accuser. I will post the year-ago report later.
NOW, we have the most prominent "BRILLIANT ONE," Mr. Obama. It is as difficult, or more so, to find his brilliance as it was/is Carter's. Readers can find an abundance of evidence to refute this description. It's sad, but true! All Americans deserve better, and those in the rest of the world who depend on America deserve better also. As with Carter, the most apt descriptor for the President is "narcissist."
Thursday, August 18, 2011
Wednesday, August 17, 2011
Monday, August 8, 2011
From: Joe Mann
For 12 years, I stayed out of political activity being content to write and speak about selected issues, especially from personal experiences working in many countries. I tried to learn how each nation's people viewed the United States. The most repeated comment about the USA was “the world needs America” and they wanted us to be “strong.” There is much respect and admiration for America.
In 2008 Barack Obama's candidacy for President caused me to exit political “retirement.” Soon, I heard more anti-American rhetoric from Obama and his associates than I heard outside the USA in 20 years. Little was known about Obama. There was less to define him than any presidential candidate in history. He had no accomplishments to qualify him to lead the world's greatest nation. However, I soon learned he didn't view America in that light. In hiring for any job, records of accomplishments, including academic records, are first considerations. To be a top executive, leadership qualities are profoundly important as are personality and vision. Obama showed no attributes to qualify him as a top executive, surely not the presidency of the United States. There was nothing to define him, even for lesser jobs.
Obama's academic records were sealed. There's only one reason to seal them... negative information. His work record was confined to “community organizing” (aka unionizing and voter bloc building), a short law career and a sometimes lecturer in law. His records in the Illinois legislature and in the US Senate were minimal. His personality was clearly self-centrism. Narcissism! His declaration that he would “change America and then change the world” and his assertion to supporters that “we are the ones we have been waiting for” defined him so. His main attributes to many people were, he was not Bush, he had a”D” by his name and he “could talk”. However, critical assessment of his speeches showed them to be devoid of substance, forceful but shallow! He showed a strong bent toward socialism and his associates more so, even radical. Obama would not have been prepared for the presidency at any time, but surely is not for perilous times. I took on the task to defeat him in our area.
Among hundreds of volunteers who came out to defeat Obama were several naturalized citizens who got involved because they saw in Obama the “same characteristics” they had “seen in the revolutionaries and socialists in their native countries.” They started life in Cuba, Colombia, Mexico, Peru, and both Eastern and Western Europe. These people are fiercely pro-American.
Obama's speech in Cairo after assuming the presidency showed his disdain for America. To him, America has been an arrogant nation, divisive and derisive.” Of course, he sees himself as better than that and is sure others do, a figment of his and his supporters' imaginations.
He didn't create the economic meltdown of 2008, as he reminds us constantly, but he has made it worse, contrary to his hype and the assertions of the sycophantic media and press.
His Keynesian economic stimulus plan, absent jobs, is a complete failure, as was expected. His catering to unions, a major voter and funding bloc, is beyond irresponsible when job creation is the issue. His efforts to use so-called green technology to suddenly grow the economy as he mandates an exit from the oil-based one shows a dearth of understanding, and suspends common sense. Any leader, any executive with a vision and experience in problem solving knows the axiom that one re-invents in time of strength, not in times of distress. With no experience, how could Obama know this? It doesn't keep him from his arrogant demands though. Then there is Obamacare! There is much more failure to
speak of, but let's fast forward to the recent “debt ceiling” spectacle. It has been an exercise in hypocrisy, ineptitude, false choices, class warfare and more.
Hypocrisy and false choices. The level of debt at 100 % of GDP is of paramount concern. While it is reported as only 60-70% of GDP, $14 trillion of debt and $14 trillion of GDP is 1:1. It's reported falsely because only the “outside debt” is considered. Debt to social security, for example, is not counted. False choice? Yes! Obama scared seniors by telling them that without the debt ceiling he wanted, he couldn't pay social security retirement checks. Truth is the social security trust fund has on it's balance sheet over $5 Trillion of IOUs with approval of bonds to fund them. Also, what is the “debt” to seniors who have paid into it vs payment to others who feed at the trough? Pure dishonesty!
More hypocrisy and ineptitude. Obama says he wants higher taxes on millionaires and billionaires, who are allegedly “willing to be taxed more.” Republicans ineptly don't call his hand. Many, if not most, of these high rolling titans are on Wall Street, and in other parts of the financial industry that controls the economy. Most are Obama supporters and 80% of their contributions go to Democrats. Obama hypocritically uses Warren Buffett as a titan who wants to pay more taxes ("30% his secretary pays vs. his 17.7%). Yet, Buffet bought defunct Berkshire Hathaway for its tax loss carry forwards to shelter insurance profits. In 2004 he gave $2 Billion of his deceased wife's wealth to a foundation and in 2011 gave $1.9 Billion to the Gates Foundation. At 30%, that's over $1 Billion of tax avoidance! Every dollar sheltered from taxation by high rollers must be paid by lower earners. There's more. Not pretty!
Dishonesty and deception. As Obama demands more taxes to satisfy his and congress' voracious appetite for revenue, note that in the sham bankruptcy of General Motors, Obama granted major ownership to the UAW along with $50 Billion of tax exemptions! UAW's GM is unlikely ever to pay taxes as Obama rails about corporations not paying enough. And, how about GE? Pretty? Honest? NO.
Perhaps the most ludicrous idea out of the debt ceiling talks was Obama's comparison of himself with Ronald Reagan. Reagan was a “great communicator” with people of all social levels. Obama lectures, talks down to us, and points his finger condescendingly as he tells us what we must do for him. Reagan loved America, the “shining city on the hill.” Obama? Well, as Reagan would say, his descriptors are aforementioned. Monuments are built to Reagan in Eastern Europe and England where Reagan is loved. Who thinks Obama is loved in Poland or in Britain where he returned the bust of Churchill? Are these things important? Yes! Especially to counter the hype and false information from his acolytes.
Arguably, the most productive action of the debt ceiling negotiations was that of the new conservative representatives who did their constitutional duty, on behalf of the people, by holding an imperial president to accountability for his profligacy, as written by David Rivkin and Lee Casey (WSJ. Aug 2nd). For their service they were called “terrorists” by people who won't even call real terrorists such.
In the age of Obama, it has become all but impossible to have an honest conservative/liberal debate.
Our beloved nation is at a perilous tipping point, not unlike 1862. The election of 2012 will be the most critical one since 1860. While his sycophantic media won't report it, the only reason Obama is even slightly restrained in pushing his most radical agenda is to maximize his chances for reelection – to a job for which he's proven to be inadequate. Same reasoning for his wanting a debt ceiling agreement “through the election.” This is not leadership in any form and is not acceptable.
If President Obama continues the course he's on, his presidency will be a failure of monumental proportions. History will record him as the president who presided over the demise of “traditional America, the greatest nation ever.” His historical fate and that of the nation are in his hands.
Obama can leave a positive legacy and be viewed as a statesman, the only one among senior government officials today, by doing the following:
Ask almighty God for His blessings, His guidance and inspiration in understanding and solving the problems of the nation. If Obama is sincere in the final line in his speeches these days, “God Bless America”, he will ask for His help.
Declare immediately that he will not be a candidate for president in 2012, thus freeing himself from political pressures of campaigning, and will commit himself for the next 15 months to solving America's problems and help prevent her demise.
Remove all of the “czars.” The majority have no operating experience and most are radical!
Divorce himself from radical people, many of whom are with him to feed at the federal trough as well as to transform America to a Socialist nation. Start with George Soros, Jeff Immelt, Warren Buffet and hardline Keynesian economists such as Krugman, Blinder and more.
Fire the economic advisory group and restaff with people with operations experience.
Recruit experienced operations people for multidisciplinary groups to solve critical problems.
To start the process to improve job creation, divorce from Richard Trumka, other union heads and union people he has in major positions (start with the NLRB and jobs Czar).
Stop catering to trade unions and recognize their being the major contributor to destruction of manufacturing jobs (down to 10% of GDP), where the middle class is built.
Stop catering to public service unions (including teacher's unions), creators of inefficiency, high costs and low quality outputs.
Recognize that the the economy (controlled now by the financial industry,whose titans he caters to for funding), has structural problems that must be corrected before major growth can occur. Jobs cannot be created under the pressure of today's government control.
Fire the heads of agencies, such as EPA, who either do not understand the damage of their actions or don't care.
Begin the process of diminishing, or even abolishing Departments of Education and Energy.
Exit Afghanistan now and receive credit for presiding over the success of the original mission, taking out bin Laden, and for stopping a mismanaged war.
These steps are starting ones for the change and problem solutions America needs. If Obama continues on the course he's on, he will be justifying the claims of those who believe he is part of a conspiracy to destroy America. He is the only one who can dispel this notion.
Williamsburg, VA 23185
August 7, 2011