Tuesday, December 13, 2011

Quick Hits - December 13, 2011

OccupyWallStreet protesters took to the street yesterday to shutdown US West Coast ports, but the turnout and results were far less than the organizers were expecting.  While some truck traffic in / out of several ports was temporarily blocked, the complete shutdown of dozens of ports never was achieved.  The LA Times reports:
Thousands of Occupy Wall Street protesters blocked access to several major West Coast ports Monday in synchronized demonstrations that slowed business but fell short of what some protesters hoped would be a complete shutdown of coastal shipping.

The protests stretched from San Diego to Anchorage, brought work to a standstill in Oakland and Longview, Wash., and led to the closure of a major marine terminal in Portland, Ore. Demonstrators caused smaller disruptions in Seattle and in Long Beach, where a driving rain and threats of arrest put a damper on an early morning picket line.
Threats of arrests and a driving rain...

Ultimately, the 12/12 Day of Action was, like the other efforts of the OWS movement, a failure.  It failed to really ignite a broad base of people to demonstrate and protest actions...mainly because what the movement is trying to stand for and also protest against is 180 degrees opposite that which most American's believe in and support.  American's know that the main goal of the OWS movement is based on their anti-capitalism and anti-corporation vision - a vision that if implemented would do far more damage to the 99%.

Despite this, OWS vows to continue their efforts to blockade US West Coast ports and halt the movement of goods in / out of these ports.

If another nation threatened and then attempted to blockade our ports, it would be considered an act of war.  We should consider these threats as acts of war because that is exactly what they are - an act of war in the battle between liberal fascism and capitalism.  It's not a battle as defined by the OWS movement, that of the 99% versus the 1%, but instead a battle of the 49% who take from the government, and want to take more, and the 51% who find their wealth and hard earned assets taken from them by the government.  The successful are to be punished for their success - and the importance is not based on the equality of opportunity, but on the equality of results as defined by a self-appointed elitist group.

Wouldn't the OWS idiots be a lot more successful if they were really more like the Tea Party?  Where they don't try to blockade ports, commit violence, embrace rapists and murderers, and got jobs, took baths, and nominated candidates to run for office and getting those candidates elected?  Oh, wait - they've done that last part already.  Just look at the membership of the Progressive Caucus in Congress - all of these are OWS candidates...

OccupyBaltimore's massive protest movement was evicted last night from their encampment near the city's Inner Harbor.  Police moved in around 3:30am ET to move the 30 protesters out.  30.

The hypocrisy meter has to undergo some repairs after the needle was pegged.

The International Association of Machinists Union voted recently to approve a contract extension negotiated with Boeing.  The extension, it's approval by the Union membership, led to the NLRB dropping it's complaint against Boeing for building a second Dreamliner assembly plant in right to work South Carolina.  But what is ironic about this is the demand by the Union leadership that is conducting the vote for a Picture ID to be required of anyone casting a ballot in the vote to approve the contract extension.  Contrast that with the standard DNC / Leftist position to oppose all requirements for proof of identification in order to cast ballots in political elections.  In every case where an entity passes a law that calls for a Picture ID and greater eligibility verification, the left decries the step.

Why?  Simple...the Left has no problem with voter fraud and are willing to use any and all methods, including voter fraud in order to ensure their candidates win.  That includes the efforts by the Obama Administration to coordinate with left wing advocacy groups on voter fraud...

President Obama's class warfare economic policies speech last week at Osawatomie, Kansas has received a very strong endorsement - this one by John Case.  Case happens to be one of the Communist Party USA's leading economic commentators [I thought that was Paul Krugman? Ed.]  It should be no surprise that this is really Obama's political base.

Senate Majority Leader Harry Reid (D-NV) makes what has to be one of the most historically vapid arguments in the history of the US Senate.  Attempting to play both the class warfare card and demonstrate his understanding of business, Pinky says that 'Millionaire job creators are like unicorns....they don't exist...'  Apparently Reid believes that only Government can create jobs - despite the fact that this Administration, and his leadership of the Senate since January 2007, have been unable to create jobs.  I'm starting to wonder who is the stupidest person in elected office today - Harry Reid or Debbie Wasserman-Schultz.

Speaking of Harry Reid's record of achievement as the Senate Majority Leader, we are approaching 1,000 days without meeting the legal requirement of the Senate passing a Federal budget.  It looks as if this count will continue to increase as the Senate will not be passing a Federal budget for FY2012.  Instead, Congress is finalizing a $1 Trillion omnibus spending bill to fund discretionary spending until September 30, 2012.  The only 'good' news is that they are holding the line on spending at the FY2011 levels.  Say hello to yet another >$1 Trillion deficit.

The finalization of this spending bill only continues the farce that is the economic policies of President Obama and the progressives of the Democrat Party. 

Reason Magazine has a look at the bogus facts behind these policies...
Not a day goes by when George W. Bush’s deregulation is not blamed for the financial crisis, and yet he hired 90,000 net new regulators, passed the largest Wall Street reform since the Depression, and increased fiscally significant regulations by more than any president since Richard Nixon. We are told by New York Times columnist Paul Krugman and his friends in The Nation that the country is being ruled by a ruthless “austerity class,” yet federal spending has continued to increase even after the summer’s debt-ceiling agreement. The Occupy Wall Street movement and the (mostly Democratic) politicians who support it have shifted the national conversation to the “fact” that the middle class is worse off than it was three decades ago, yet as University of Chicago economist Bruce Meyer and Notre Dame economist James Sullivan found in a recent paper, “median income and consumption both rose by more than 50 percent in real terms between 1980 and 2009.”

We are entitled to facts, yes. Just not theirs.
Why unemployment is worse than you think....

The early data from the start of the Holiday shopping season, particularly the strong sales from Black Friday thru Cyber Monday got a number of people, and experts, excited that we were finally seeing the start of a real economic recovery.  Unfortunately, the celebrations might be a little premature as the level of retail sales are slowing significantly and the gains for November, despite the strong weekend, were up only a modest 0.2%.  One of the concerns over the increased sales volume was that retailers were sacrificing too much on profits in order to gain volume, and this might be the case with retailer Best Buy.  Best Buy reported their profits are down 13% and their stock was pummeled on the news.

In California, which is already in dire economic straits, the November 2012 ballot will contain a number of state propositions for voters to decide on.  Included in these, if Governor Brown achieves his goal, would be a plan to impose $35 Billion in new taxes on the families and job creators inside California.  In a state with one of the highest unemployment rates in the country, the Governor is requesting not only a 0.5% increase in the Sales Tax, but an expansion of the Sales Tax to cover professional services, as well as higher income taxes on the 'wealthy'.  The Governor says he needs these additional revenues to offset the annual massive budget deficits - even though the record of the state achieving the anticipated revenues is dismal at best.  Rather than reduce spending from the unsustainable levels and rein in public sector unions, waste, and duplication in government - Brown wants to raise taxes.  Expect the exodus from California to increase...

Jon Corzine and several other top executives from the failed MF Global will be testifying before Congress again today.  They will continue to report that none of them have any idea where the missing $1.2 Billion of client funds might be.  However, the main focus for those testifying is going to be doing all they can to avoid stepping into a perjury trap while providing their testimony.  With Corzine's ties to the Democrat Party, as a former US Senator and Governor, it will be interesting to see how the Democrats will seek to hold him accountable for his mismanagement of MF Global and the missing funds without linking themselves to Corzine and his scandal.

On this Day in History....

December 13, 1937 - Japanese forces enter the Chinese city of Nanking...and commence an orgy of rape and murder.

December 13, 1939 - The Battle of the River Platte takes place as 3 British crusiers, HMS Exeter, HMAS Achilles, and HMS Ajax intercept and engage the German 'pocket battleship' Graf Spee.  The British cruisers damage the Graf Spee and chase it into the neutral harbor of Montevideo, Uruguay.

December 13, 2003 - US Military forces capture former Iraqi dictator Saddam Hussein - dragging him from his spiderhole hiding spot.

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