Free Markets, Free People

Daily Archives: April 6, 2012


Quote of the Day: Do as I say, not as I do edition

The Democrats are a gift that just keeps on giving.  Hypocrisy R Us.  They make a career out of it.  You have a president who can’t get a single vote on the two budgets he’s submitted telling us why one which actually received a majority in one house of Congress is “out of touch”.

Then there’s the holier than thou, “we don’t take from special interests” ban on lobbyists and corporate contributions.  Or not.

LA Times headlines provide your quote of the day:

Democrats give special interests a role at convention

Organizers have found ways to skirt their own rules and give corporations and lobbyists a presence at the national event in September. The situation reflects President Obama’s difficulties in delivering on a vow to limit the influence of money in politics.

This is just wonderful stuff:

Despite the ban on corporate money, for example, convention officials have encouraged corporate executives to write personal checks, according to sources familiar with the fundraising. And they have suggested that corporations can participate by donating goods and services to the convention, and by giving up to $100,000 through a corporate foundation.

They have also quietly explained to lobbyists that while they can’t make contributions, they can help raise money from their clients — by soliciting personal checks from executives or in-kind contributions from corporations. Lobbyists who bundle high sums will get perks like premium credentials and hotel rooms.

Oh, how wonderfully clever.  You have to feel all the confidence in the world in an organization that imposes rules on itself and then finds way to skirt them, don’t you?  Of course, no surprise – remember how ObamaCare was passed.

Finally, another unsurprising twist:

Labor unions, meanwhile, are not specifically prohibited from giving.

Of course they’re not, because while any reasonable person would easily classify them as a “special interest”, the Democrats have simply decided not to.  Why?  Well corporations and lobbyists give to the GOP, so making them pariahs is politically expedient (even if they obviously don’t plan on spurning the pariahs they’ve created), but labor unions won’t give to the GOP so they’re left out of the “special interest” equation.

Ethics – don’t look to the Democrats if you’re wanting positive examples.

~McQ

Twitter: @McQandO


Economic Statistics for 6 Apr 12

The following statistics were released today on the state of the US economy:

The Monster Employment Index, a measure of online job recruitment activity, was unchanged for the month at 143.

The BLS reports that non-farm payrolls increased by a disappointing 120,000 jobs. The unemployment rate magically dipped to 8.2%, however. Average hourly earnings rose by 0.2%, while the average workweek remained un changed at 34.5 hours. Those are the headline results. Nor to delve a little deeper. The labor force participation rate remained steady at 63.4%, but the employment-population ratio fell one tick to 58.5%, as 164,000 people left the labor force, which is the main reason for the downtick in the unemployment rate as well.

~
Dale Franks
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Why the Obama Administration’s refusal to allow more drilling effects your food prices

Food inflation continues apace.

Question: Is there a correlation between high oil prices and higher food prices?

You bet there is:

High crude oil prices have fuelled the upward pressure on inflation since the start of this year. Consumer prices in the 17 nations sharing the euro were up 2.6 percent in March from a year ago, despite stumbling economy.

"The food price index has an extremely high correlation to oil prices and with oil prices up it’s going to be difficult for food prices not to follow suit," said Nick Higgins, commodity analyst at Rabobank International.

Energy prices affect the production of fertilizers as well as costs related to food distribution and farm machinery use.

That’s reality (What!? No solar powered tractors?).  And, as the Obama administration continues its war on cheap fossil fuels even while demand for them rises globally, you can expect costs for food to continue to rise as well.

Finally, given all that is true, who gets hurt worst by rising food and fuel prices?

That’s right – the poor and middle class.  The supposed people Obama claims to be looking out for.

So, as prices go up and you’re able to afford less and less food (and gasoline) for your family, you know who to thank.

~McQ

Twitter: @McQandO


UK: Doctors ask patient to go elsewhere because of patient “carbon footprint”

Welcome to the stupid zone.  Of course this is the result of unthinking acceptance of what is now considered by many to be junk science:

An elderly woman was ordered to find a new GP because the “carbon footprint” of her two-mile round trips to the surgery where she had been treated for 30 years was too large.

Avril Mulcahy, 83, was told to address the “green travelling issues” over her journeys from her home in Westcliff-on-Sea, Essex, to the West Road Surgery.

The letter said: “Our greatest concern is for your health and convenience but also taking into consideration green travelling issues. Re: Carbon footprints and winter weather conditions, we feel it would be advisable for patients to register at surgeries nearer to where they live. We would be very grateful if you could make the necessary arrangements to re-register at another practice.”

Two miles.

She’s been going to the same practice for 30 years.  And note the lie about “greatest concern”.  It is obviously not their greatest concern, is it.  The supposed “carbon footprint” appears to fill that role.

“Green traveling issues” with two mile round trips.

Amazing.

I assume the doctors and nurses live at the surgery, no?

~McQ

Twitter: @McQandO