25 July 2012

Yes, They Are This Stupid.






8 comments:

  1. Great job!!

    I especially like the post turtle - it's O's own philosophy and history.

    "You think you're smart? You think you're a good climber? You didn't climb that pole. Somebody climbed that pole for you."

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    1. Yep. Every time I'm driving down a country road and I see a post turtle, I think of Obimbo.

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  2. BRAVO ZULU,


    "The Democrat Cycle of Stupidity" reminds me of something we studied in Macro Economics called the "Death Spiral", as applied to private sector business. Basically it's about raising prices, when gross income is low, to increase it. When that dose n't bring in the expected income, raise the prices again. Of course, at some point sales will come to a halt and the business will fail. Now, what if that business had made some cuts, lowered its prices and sales would have increased? The business may have survived. All to often politicians take the "Death Spiral" approach with taxes when they raise them to pay for all of the money that they borrow and print; often to buy votes from the ignorant. By increasing taxes on the most productive sectors, real capital is diminished and the very base that is being eaten by taxes shrinks (see the Laffer Curve*) then the entire Economy suffers, insidiously. Our present Administration has been and continues to be a grand example of this. First he borrows** and prints money for which no real value exists. Then he throws it all down on non productive fantasies, creates inflation and business uncertainly while unemployment soars and then has the gall to expect the 53% who pay taxes on what they EARN to bail him out. And what is his solution to what may be the worst economic situation in our history? MORE OF SAME!!!!!!!!!!

    *http://www.forbes.com/sites/danielmitchell/2012/04/15/the-laffer-curve-shows-that-tax-increases-are-a-very-bad-idea-even-if-they-generate-more-tax-revenue/2/

    (sorry about the ad)

    ** This Administration has added > $5,000,000,000,000 to the National Debt-a >50% increase over the entire sum accumulated since the founding of the Republic.

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    1. I worked for a company where we had been standing around for about three or four months with our thumbs up our ass. One day our accountant, along with the president of the company (both of whom had degrees in accounting,) brought all of us department heads together for a meeting. It was announced, due to slow sales and high overhead, some changes were going to have to be made. Therefore, prices were going to be raised immediately. While they immediately began raising their prices, I immediately began to look for other employment. It ain't rocket science.

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  3. B.O. and the First Wookiee trying to figure out how to work an umbrella-PRICELESS!

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    1. BWAHAHAHA!
      Some things in life money just can't buy. If that picture doesn't go down in history as "Idiots on Parade," then I don't know what would!

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  4. CORRECTION:

    While the main theme of my first comment is B.O.'s misguided Fiscal and Monetary policies, 'Macro Economic' issues, my lead in, refering to the "Death Spiral" is really a 'Micro Economic' concept. I'll try to be a better proof reader!

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  5. Yes, I caught that, JB, but I didn't want to embarrass you by pointing it out... YOU GOTTA BE KIDDING ME! You left me in the dirt when you started out with "Fiscal and Monetary policies." I wouldn't know a "Macro" from a "Micro" if it was to come up side my head with a 2x4. Thanks for straightening that out for those higher up on the intellectual scale, though.
    I REALLY like the "Death Spiral!" It has absolutely nothing to do with what I visualize it to be, I'm sure. But, I can see all kinds of neat stuff with a "Death Spiral!" Where can I get one?!

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