Thursday, October 15, 2009
"Yes, I was a bit surprised,” the England manager said. “I just thought it was like Obama getting the Nobel Peace Prize after eight months as President. Beckham gets the man of the match after 30 minutes here . . .”
By the way, i'm hoping to hit up the Dynamo v Galaxy game. Looking forward to watching Beck play, it'll be fun!
Friday, October 2, 2009
Wednesday, September 30, 2009
Nigeria was amazing, what can I say. It was more than i expected in so many ways. I took over 650pictures, i only posted like 170 on facebook just to give folks the idea. I think i said it on one of the pictures, one phrase to describe Nigeria: Work in Progress. I honestly wish i detailed everyday as the days went by. But all in all, i got to see family members that i hadn't seen in a while, some i had never even seen before. Also saw family friends that remember me since when i was 'this' small...blah blah blah. you know the drill. But it was all good. The love of family and friends is not comparable. It was a delight.
Nigeria, is full of corruption. One quick story. While we were there the Central Bank of Nigeria FIRED the top banks CEOs. Yes you read that right! They fired them, who in hell or heaven gave them the right to fire a CEO of a private company. And that's not the end they put them in JAIL. Dude if that's not a banana republic, then i don't know what is. They made up some BS charges that they mismanaged their banks. So what if they did, which they really didn't...the banking crisis is worldwide. Even if they did, that's up to their shareholders...which in one bank I am. It's pretty sad man. Anyhow man, I'll be blogging a lot more often.
Oh by the way, I'm looking for a new J-O-B now. Godwilling I'll have a really good one soon. Wish me luck and godspeed! For now, I'm Out!
Saturday, August 1, 2009
Wednesday, July 22, 2009
I honestly feel like i got more out of it than the kids did, and they had a hella fun. I ended up sharing a kid with another guy (who i happened to ride with to the camp) and that worked out pretty well, i think. I swear i thought he was quiet when i first met him, but nooo. He was up out of his wheelchair doing thriller by Wednesday. That pretty much made my week. He was a fun loving kid, who makes you think he's some mellow camper. Sike! He became a legend by the week's end. He learnt from the best. J/K, maybe not.
Apart from the great campers, the staff and the other volunteers were really good. i honestly think i had a conversation with everybody. I didn't realize I could talk that much. Heh! No really, i had convos about everything from college to wildlife and the environment. The people were great and it's definitely a good feeling to see so many people give up their time to do such demanding work for no [monetary] reward. This gives me hope for the future, i guess the world doesn't all the way suck. lol. I'm sure i'll be posting more about Camp Quality soon and later on as well. But this is just a brief de-brief. I look forward to next year, as well as the other events before then. Word on the street is I may get to meet my camper that wasn't able to come because he lives in the area. That would be awesome. I'm out.
Saturday, July 4, 2009
Friday, June 26, 2009
Thursday, June 25, 2009
We'll see if that really is her.
Not only is Shaq a carpet bagger but the Cavs are stupid. 1) why on earth would you waste your money on a guy who is waay past his prime? 2) why on earth would you acquire somebody that will alter the way you play your game?
I'm all for improving your team but Shaq? Really? You couldn't do any better? Why don't you get a younger guy who can develop and help your team become a power house with the already developed and stellar Lebron James? Why not draft somebody or get Emeka Okafor or trade your whole team for Andrew Bynum? Or good lord, anybody but Shaq.
In less than a decade, Shaq would have played with three of the best all-stars in the last 20 years. We call that mooching.
Wednesday, June 24, 2009
Personally, i really don't care what politicians do in their private life but he deceived his staff and lied about where he was going and then before his press conference he said he chose something "exotic". So he's a liar . And now, he's lost the trust of the people. God bless his wife and kids.
Monday, June 22, 2009
God help me and save the queen.
But with the Iran 'crisis' (as Obummer likes to say), Twitter has become as a source of communication between the people of Iran, who have been blacked out, and the rest of the world that seek to find the truth of the situation in Iran. Because of this, I have had to swallow a not so small ego and join Twitter. I kicked my Twitter hating to the side and I've had my own version of Hope N Change. i've been following the Iran updates on my phone. i've downloaded the application to my phone and it's really easy to use. I don't think i've put a status yet. Anyway, I'm sure the folks over at Twitter Inc, i think that's what its called, would be very proud of themselves at this time. And they deserve to be. I'm sure sooner or later they'll give an IPO a shot or just sell the rights to some billionaire. Work hard now, make stupid profit later. I kinda like the strategy.
Monday, June 15, 2009
Friday, June 12, 2009
Tuesday, June 9, 2009
NUmero dEUx: Stephen Colbert. Haven't really watched him on a consistent basis but what he did for the troops is to be applauded. I don't really care about his politics or honestly anything he does for the rest of the time he's on tv, he has my respect. For him to go all the way to Iraq and do this and call attention to the war that is still going on is a million times greater than what you would expect from anybody in the media today. They're too busy bashing Bush and any conservative in sight and screaming for Cindy Sheehan. This man has got some guts and it's refreshing to see someone in his kind of crowd doing such a great thing for the military.
Kudos to these two!
But of course "post-racialism" is not a real idea. It is an impression, a chimera that grows out of a very specific racial manipulation that I have called "bargaining." Here the minority makes a bargain with white society: I will not "guilt" you with America's centuries of racism if you will not hold my minority status against me. Whites love this bargain because it allows them to feel above America's racist past and, therefore, immune to charges of racism. By embracing the bargainer they embrace the impression of a world beyond racial division, a world in which whites are innocent and minorities carry no anger. This is the impression that animates bargainers like Mr. Obama or Oprah Winfrey with an irresistible charisma. Even if post-racialism is an obvious illusion -- a bargainer's trick as it were -- whites are flattered by believing in it.
"You can measure how many jobs are created between two points in time. But
there is no way to measure how many jobs are saved. Even if things get much,
much worse, the President can say that there would have been 4 million fewer
jobs without the stimulus."
Rush was pretty funny talking about this, going as far as saying that this math is so impossible "maybe even God" wouldn't be able to figure this math out. Heh. Actually He can.
Wednesday, June 3, 2009
On a related note, I love how Ben Benarke wants to tell us that America will have to reduce deficits. Sooooo now you tell us. Ridiculous. NO DUH. After he has printed billions even trillions of dollars, he wants to talk about cutting back. Why the heck didn't you cut back on your printing machine Benny? I do honestly believe that they've figured out America can't pay the debt between what it is now and the coming second round of binge fiscal drinking of the Administration, so they are just going to have to raise taxes BIG TIME. And/or purposely devalue the dollar and screw China and the Sultans. We'll see how that works out, I don't think China will stand for that. Either way, it ain't gonna be pretty.
Thursday, May 28, 2009
On a related note, I'm going to go out on a limb and say that even though everybody is saying she's going to get easily confirmed, I'll say she'll run into some serious trouble. We'll see how accurate I am on this.
Thursday, May 21, 2009
So here's to more of Dick Cheney! Cheers!
Wednesday, May 20, 2009
On a side note, did I mention I really like Liz Cheney?
Tuesday, May 19, 2009
Monday, May 18, 2009
Friday, May 15, 2009
it's been fun watching San Fran Nan---Nancy Pelosi just fall apart as she lies her way around washington. The exact reason politicians need term limits...power and corruption. But I digress, I have my popcorn. Do you?
Thursday, May 14, 2009
Save or create my. . .
Wednesday, May 13, 2009
- Last night, I, for some reason, wondered: what ever happened to my good friend Blago? Last thing I heard he was supposed to get indicted but where's he now? He made for good comedy. But in all sense, why is he not in court yet and why is he not spilling the beans yet?
- I have some new heroes. I appreciate Dick Cheney a lot more than I ever thought I would. He's an honest man and you can't say he doesn't speak how he feels. But aside from that, his daughter is even a bigger talent. She took on 5 stoogies on MSNBC yesterday. She's definitely my new hero(ine). Beautiful, smart and can argue.
- Thank God for ms. california. Despite all the attacks on her and her family she was strong and did not back down. The Donald also did the right thing. More power to him, he's a smart guy (at times).
Monday, May 11, 2009
It's a shame that Wanda Sykes and the rest of the left succumb to acts like these. That's all i can say about this.
Wednesday, May 6, 2009
What's up with Christians so quick to condemn. Whoever wrote this blog post, I hope they're perfect and have never sinned. I guess they want to stand and be known as "the spiritual one". I guess. I believe Jesus told the woman that was caught in adultery to 'go and sin no more'. He didn't pounce on her and join her accusers in their bashing and almost stoning of her. I'm happy most of us on the right and most Christians that I've seen around are support her but comments like this are disheartning and not very Christ-like.
Also, just as fast as she was embraced and used by many of these groups,
she risks now being dropped due to the appearance of these shameful photos,
those from the past and those she defends in her “Christian”
modeling. Welcome to the evangelical celebrity circuit where souls and
hearts don’t matter as much
as an effective PR blitz for the “cause.” People
It's a shame. I hope and pray we see more love and mercy from people on 'our side' than condemnation.
Tuesday, May 5, 2009
Also, I think this is all a sham and if it's not a sham, it's not going to work. It'll have some adverse effect. People will set up shop elsewhere and pay lower taxes there. Silly.
By the way, I have always thought the Rockets were better off without T-mac. He's more of a burden than an asset.
Monday, May 4, 2009
Friday, May 1, 2009
I think the single most important public health measure that we can take is to
put Joe Biden in quarantine. The prognosis, unfortunately for him, is not good.
There's no known cure for what ails him, which is a congenital inability to
control his tongue. But the good news is that that researchers around the
world are working around the clock on a cure. So they always is hope.
Haaha!! Happy Friday!
Private principles are fine, but you don't entrust such a person with the
military decisions upon which hinges the safety of the nation. It is similarly
imprudent to have a person who would abjure torture in all circumstances making
national security decisions upon which depends the protection of 300 million
He seems to make everything sound so pin-pointed, straight talk
Thursday, April 30, 2009
Hmm. Very interesting but not even slightly compelling. To prove to you, I'll just go ahead and take it apart: First, the title:1. "The Conservative Case Against Torture"-Waterboarding is not torture and to try to put it on the same scale as pulling fingernails off, pistol whipping or anything the chinese and Nazis did is simply insane especially when America has used this techniques to train our own forces. 2."But torture is clearly unconstitutional. When it ratified the Convention against torture and other cruel and degrading treatmentin 1994, the Senate defined “cruel, inhuman and degrading” as any practice that would violate the Fifth, Eighth or 14th Amendments."-His case against this being unconstitutional is very unconvincing because in that case you can say almost every form of war, interrogation or heck simple police roughing up would be unconstitutional. 3. Second, it completely shatters the myth of American exceptionalism. Ronald Reagan put it best when he called America “that shining city on the hill.” America is truly the greatest country in the world, in no small part because we have a Constitution that guarantees the rights of its citizens, and because we don’t torture. How can America be exceptional if it does the same kind of crap that the Russians, the Chinese, the Egyptians or the Arabs do? How can we say that we are freest nation, the best nation on earth, the last, best hope for civilization when we allow the state to waterboard, to humiliate and to beat up prisoners? -This one just made me go nuts. It simply shows a lack of knowledege and understanding of history. To say America is "that shining city on the hill" because we don't use harsh methods is simply false. What makes America stand out is the fact that such harsh methods are not used on a regular basis, are not used on normal individuals and such things are a last resort or should be, kind of like war. History shows us that. Dropping the mushroom on Hiroshima and Nagasaki, FDR putting japanese-americans in internment camps during WWII, Abraham Lincoln suspending habeas corpus on HIS OWN CITIZENS and I'm sure there are more examples. But to say somehow America is the greatest country in the world because we've lived in some kind of utopia is not only not conservative, is pretty ignorant and naive. And this goes along with his argument about being Machiavellian-like. America doesn't flex its muscles unless it needs to and I sure as heck believe keeping millions safe is pretty darn necessary. Unless he wants to say America was wrong to drop the atomic bombs and suspend habeas corpus, where America will be two different countries, if we were even here today. 4. This one is the most ridiculous of them all: "Third, conservatives usually have a healthy distrust of the state. Why should they suddenly think that allowing the state to torture anybody somehow is a good thing? As a conservative (and I am a conservative), I am very leery of giving the state this much power. What prevents the state from using this kind of power on domestic “terrorists”?" This doesn't get any more bizzare and leaves me scratching my head. Why should we even have a military then? Since they can decide to use "that kind of power on domestic 'terrorists'?" I mean, I think my distrust for the state is based on when it goes outside of it's written constitutional duty, which includes protecting the citizens. I hope conservatives don't go the route of thinking that all government is bad. I know a lot of people love to quote Ronald Reagan saying that "government is the problem". But they miss the part that he said "in this situation, government is the problem". Some government is good, very limited but good. So to think because we distrust most of the state doesn't mean we become paranoid about our government using such power against regular citizens. 5. America is a beacon for freedom around the globe, but that only works when we act responsibly, in a way that promotes human rights and protects human dignity. We don’t act that way when we give the state the power to torture people in the name of protecting our safety. He sounds like an anti-war crowd more than a conservative here. Last point I know I went long but, republicans and unfortunately for me, conservatives, have allowed our opponets to define the argument. We sit here repeating "torture memos", "anti-abortion", "against gay marriage", these are a few examples. My question is why? When we let them define the argument we automatically lose. You let people call interrogation torture and before you know it you'll think sitting across the table and chatting with a jihadi is torture just because some left wing ACLU loon tells you it is. If this continues on both the national security level and politcal level, I can guarantee conservatives will never win an argument, less an election. And that will make America worse off. I'm with Ryan, give me another technique that would have given the info that saved thousands of lives or you'll just be ok going to the funeral of 3000 more people and telling them that sorry you lost your kid because we didn't dump some water on Khalid Sheik Mohammed. At least we're still "the beacon of freedom". What good is freedom if you're dead?
Update: I forgot to link it earlier. It's fixed now.
Tuesday, April 28, 2009
-I'm still upset at the power going out last night as '24' was getting good. I'll have to catch it on the internet. I have a feeling I'll be pissed once this episode is over
-Best news I've heard in a while. Arlen Specter is officially becoming a Democrat, as if we already didn't know he was. I love old people, I really do...but why do these politicians feel they can stay in office til they die? Food for thought. But it's about time these losers get their act right. Hopefully he'll grab a couple of other liberals in gop along with himself. Purge on! And maybe one day I would be ok with being identified as a republican. I honestly don't 'mind social moderates, that I'm fine with that's your own business but when people can't agree on free market capitalism/sound economics then by all means Get Out!
Change I Can Believe In!
Monday, April 27, 2009
P.s. I'm think of a stereotype but I can't even write it on my own blog. $100 bucks if you could guess.
Wednesday, April 22, 2009
It seems that progressives, i guess that's a better term or statists(as mark levin calls them) have become control freaks. They scream and yell that people should be tolerant and yet they are the most intolerant amongst us. it makes no sense to me. they want us to be more open-minded, yeah? well, why the heck aren't you more open-minded about my view? I'll try to focus on just one issue with this post regarding these so-called liberals-gay marriage. ok, so i feel that marriage should be between a man and a woman, that doesn't mean i hate gays or lesbians. i actually love them. they're free to be gay or straight if they want. but because i don't agree with gay marriage i'm automatically a bigot. Well it's about time these folks look in the mirror. As we saw with the whole prop8 campaign in California, the only bigots are those that want us to be more open-minded. Rick Warren (who i'm not really a fan of) went and got donuts to give to the people that were protesting and throwing things at his members. Who's the bigot? Who's the hatemonger? I just can't wrap my arms around the idea around people of this mindset. Let's assume I'm interested in changing my mind about gay marriage, I'm not by the way, would these radical acts of cursing people out, name-calling and witchunting change my mind? I think NOT. I just don't see how these people can expect to change people's minds by attacking the same people. Take for example Meghan McCain, the twit (sorry for that namecalling but i can't help it), she wants to take over the republican party because we need to be pro gay marriage and get rid of all those evil conservatives. Well, by calling the people you're trying to woo over extremists and crazy and fringe, good luck with them giving you one earful. They wouldn't even if you tried nice because MM is just pretty much a joke.
My last point on this is, and I'm open to understand, people that classify themselves as gay want to be treated equally right? So why all the brouhaha about wanting this and that and special recognition? Why the push to be treated different if the objective is to be treated equally? It makes no sense to me.
I personally think marriage between one man and one woman is the best way to go because of my faith, science, and if you go past that stage, why not make polygamy legal? Why stop there, why not allow for people to get married to whatever thing they want to get married to?
That's just me. I'm pretty open minded
Tuesday, April 21, 2009
But that is not the point of this post. I have been a long time critic of Republicans and now I have a proposal for them as well as for Conservatives. As most of us believe in school choice and despise the Teachers Unions (rightly so), what do we do about an issue like this. It seems like Republicans are just sitting back and whining, "Oh Obama killed the Voucher system, blah blah blah". Ok yeah that happened, now what? If they were smart Republicans would hold a fundraiser to raise money for as many kids as possible to stay in this program. They can start off with those that are already in the program and go from there. But since the Repubs don't seem to be doing anything right these days, how about a group of Conservative think tanks and organizations hold a joint fundraiser, get all the big names and raise money for these kids?
I know this is such a wild wild idea, I can imagine why no one ever thought of it. Sarc. But this would accomplish a few things. First it would help children that are receiving good education in a good environment continue to do so and in the end be better contributors to society as a whole. These kids will be able to develop their God-given skills and become future doctors, investment bankers, lawyers, teachers etc. Another thing that would come out of this is political. As far from the truth it is, Republicans and conservatives are wrongly labeled as not compassionate and not caring about "the community". So look at this as sort of a political makeover. We know it's not true, conservatives give to charity plenty times more than liberals do, that is a FACT. But an event like this would put this on display and show the general misinformed public our true colors. I am not a fan of pandering, but some might see this as pandering. I don't but I can understand how it can be interpreted as such. Call it what you want. This is just doing what we always do, except we'll do it with a little showmanship and in the end it will publicly shame Democrats as the hypocrytics they are when they speak of doing "what works for the kids".
Thursday, April 16, 2009
The program kicked off with music, pledge of allegiance, bible reading, and prayer. Yes, welcome to Texas, where we love our God and Guns. They had about 10000 people show up, i don't what the actual count is but it was amazing. Lots of speakers. They had conservatives, libertarians, ron paul crowd, young, middle aged, old and very young, fair tax people (I'm definitely a flat tax guy and think fair tax is sort of a joke) but we were all together. American flags everywhere. And there was plenty of Texas spirit, a lot of 10th Amendment and the proposition regarding that in the Texas state house.
I had a good time and I swear a million people took pictures of me. A lot of the older folks asked me if I remember the Carter years. My answer? "Uhhhhh, I really wasn't born until '87 so I've done a lot of reading and the guy was a joke". They loved me! Then again, who doesn't? Just teasing. , It did go a little long but I had to leave early (about 6:30). I teach fifth grade kids at my church on wednesday nights. All in all, this was a great experience that I hope is the beginning of saving America.
Wednesday, April 15, 2009
Tuesday, April 14, 2009
Monday, April 13, 2009
Update: Yes, it was a thriller. Two words, Tony Almaeda! I was a little ticked off about the silly global warming commercial 'Cloe' did after the show. Really? I guess '24's trying to blunt the suggestions that it's a rightwing show. Nonsense. Embrace your rightwingness '24'. Nobody needs to do anything to save the planet. If the planet needs to be saved, it'll save itself.
But I digress. I think most conservatives in general just aren't the "protest kind". But this is different because things have just gotten pretty outrageous. So I am very excited about this Wednesday and looking forward to the big Tea Party downtown. I ordered myself a "welcome back Carter Shirt" with BHO's cheesing face smacked on it. I'm sure it'll be nice to see this on a black guy by the way (tongue in cheek). Hopefully it makes it hear in time for Wednesday. Good lord, now that I think about it, I'm going against all my morals! My number one rule with shirts is under any circumstance, NEVER wear someone else's face on you. I'll put in an amendment. I'll be blogging on this before Wednesday. I wish I could take my cousin who's a senior in high school but he won't be able to make it. I'm doing my best to baptize him in common sense in order that he doesn't get brainwashed when he heads to the ivy league in the fall.
Let's go out and demand common sense from the government.
P.S. No you're not going to be perfect, we're all human.
Oh yea, made 22 this past saturday, sunday was easter, ehhh whatelse? I think I have short term memory or something b/c i can't remember much past this weekend. It's a shame.
But speaking of birthday, I had a pretty good one this year even though it was very different. No, I didn't "go out" or "do it big". I'm just not in the feeling of doing that anymore, at least at any serious extent. But I got some really cool gifts...clothes, concert tickets (jealous?), giftcards, and I even treated myself to a few things. First time buying anything for myself apart from food. Family and friends always make the birthday great. I'm grateful to all my friends and family that helped make my birthday weekend a really good one. I'm very appreciative.
Tuesday, March 31, 2009
Tuesday, March 24, 2009
Wednesday, March 18, 2009
Monday, March 16, 2009
My thing is, for someone to come out to say they want to be some kind of standard bearer for young republicans (i guess i don't really fall in there, since I'm just a conservative not a republican), and not have any kind of agenda other than get a "name" for themselves by attacking Ann Coulter, you should just stay home. God, I hope the rest of my generation isn't like this! I'm 21, yeah I'm out of college already, but to hear Ms. McCain talk is disturbing. To assume that conservatives are not hip enough. The conservatives I know are pretty hip and who the heck said you vote for people because their hip? Look where that got us, thanks to the Hope N Change crowd.
My hope is that she's just another David Frum and not a representation of my generation. Some of us actually have principles, believe in free markets, the constitution, family values and hardwork. And we're not ready to give that up just yet for some kind of watered down conservatism. Hopefully, our army is greater than yours, Ms. McCain and god-willing we will conquer the republican party and save it from it's utter destruction by your kind. Hopefully me and you can squash our beef soon. Cheers!
Thursday, March 12, 2009
Tuesday, March 10, 2009
FDR's policies prolonged Depression by 7 years, UCLA economists calculate
8/10/2004 12:23:12 PM
Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.
After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.
"Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chair of UCLA's Department of Economics. "We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."
In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933.
"President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services," said Cole, also a UCLA professor of economics. "So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies."
Using data collected in 1929 by the Conference Board and the Bureau of Labor Statistics, Cole and Ohanian were able to establish average wages and prices across a range of industries just prior to the Depression. By adjusting for annual increases in productivity, they were able to use the 1929 benchmark to figure out what prices and wages would have been during every year of the Depression had Roosevelt's policies not gone into effect. They then compared those figures with actual prices and wages as reflected in the Conference Board data.
In the three years following the implementation of Roosevelt's policies, wages in 11 key industries averaged 25 percent higher than they otherwise would have done, the economists calculate. But unemployment was also 25 percent higher than it should have been, given gains in productivity.
Meanwhile, prices across 19 industries averaged 23 percent above where they should have been, given the state of the economy. With goods and services that much harder for consumers to afford, demand stalled and the gross national product floundered at 27 percent below where it otherwise might have been.
"High wages and high prices in an economic slump run contrary to everything we know about market forces in economic downturns," Ohanian said. "As we've seen in the past several years, salaries and prices fall when unemployment is high. By artificially inflating both, the New Deal policies short-circuited the market's self-correcting forces."
The policies were contained in the National Industrial Recovery Act (NIRA), which exempted industries from antitrust prosecution if they agreed to enter into collective bargaining agreements that significantly raised wages. Because protection from antitrust prosecution all but ensured higher prices for goods and services, a wide range of industries took the bait, Cole and Ohanian found. By 1934 more than 500 industries, which accounted for nearly 80 percent of private, non-agricultural employment, had entered into the collective bargaining agreements called for under NIRA.
Cole and Ohanian calculate that NIRA and its aftermath account for 60 percent of the weak recovery. Without the policies, they contend that the Depression would have ended in 1936 instead of the year when they believe the slump actually ended: 1943.
Roosevelt's role in lifting the nation out of the Great Depression has been so revered that Time magazine readers cited it in 1999 when naming him the 20th century's second-most influential figure.
"This is exciting and valuable research," said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. "The prevention and cure of depressions is a central mission of macroeconomics, and if we can't understand what happened in the 1930s, how can we be sure it won't happen again?"
NIRA's role in prolonging the Depression has not been more closely scrutinized because the Supreme Court declared the act unconstitutional within two years of its passage.
"Historians have assumed that the policies didn't have an impact because they were too short-lived, but the proof is in the pudding," Ohanian said. "We show that they really did artificially inflate wages and prices."
Even after being deemed unconstitutional, Roosevelt's anti-competition policies persisted — albeit under a different guise, the scholars found. Ohanian and Cole painstakingly documented the extent to which the Roosevelt administration looked the other way as industries once protected by NIRA continued to engage in price-fixing practices for four more years.
The number of antitrust cases brought by the Department of Justice fell from an average of 12.5 cases per year during the 1920s to an average of 6.5 cases per year from 1935 to 1938, the scholars found. Collusion had become so widespread that one Department of Interior official complained of receiving identical bids from a protected industry (steel) on 257 different occasions between mid-1935 and mid-1936. The bids were not only identical but also 50 percent higher than foreign steel prices. Without competition, wholesale prices remained inflated, averaging 14 percent higher than they would have been without the troublesome practices, the UCLA economists calculate.
NIRA's labor provisions, meanwhile, were strengthened in the National Relations Act, signed into law in 1935. As union membership doubled, so did labor's bargaining power, rising from 14 million strike days in 1936 to about 28 million in 1937. By 1939 wages in protected industries remained 24 percent to 33 percent above where they should have been, based on 1929 figures, Cole and Ohanian calculate. Unemployment persisted. By 1939 the U.S. unemployment rate was 17.2 percent, down somewhat from its 1933 peak of 24.9 percent but still remarkably high. By comparison, in May 2003, the unemployment rate of 6.1 percent was the highest in nine years.
Recovery came only after the Department of Justice dramatically stepped enforcement of antitrust cases nearly four-fold and organized labor suffered a string of setbacks, the economists found.
"The fact that the Depression dragged on for years convinced generations of economists and policy-makers that capitalism could not be trusted to recover from depressions and that significant government intervention was required to achieve good outcomes," Cole said. "Ironically, our work shows that the recovery would have been very rapid had the government not intervened."
Sounds pretty familiar...hmm
Friday, March 6, 2009
Thursday, March 5, 2009
Monday, March 2, 2009
Thursday, February 26, 2009
Tuesday, February 24, 2009
Monday, February 23, 2009
Thursday, February 19, 2009
Wednesday, February 18, 2009
My favorite part: "I can't even be at a bar anymore if they have the news on," said Chicago native and small business consultant Jarell Brown. "Obama gives a speech on the economy and people act like my team just won the Super Bowl. I didn't even vote for the guy. I'm a Libertarian."
Second favorite part: As of press time, the nation's Arab-Americans have reported no discernible change in all the angry, reflexive scowling.
I love this. By the way, this isn't real but i have experienced some awkward behavior. People automatically think I like the guy b/c i'm black. Couple of days after the election, someone i know (white) said it's a great day right? I was trying to figure out why it was a great day? I had a long day at work and we were just sitting at an event. Ohh, she's one of those typical obama voters and assumed i was one as well. I turned her beam off pretty darn quick by saying, "yeah, i guess it's cool". She seemed hurt. But i did love that article.
Also, regarding the Arab-Americans line, i think the president going by his name (according to Ann Coulter) would help out with that one...think about it B. Hussein Obama. I'm sure we'll have an influx of Hussein babies!
I've been out for a bit but again, I'm back!
Tuesday, February 3, 2009
Monday, February 2, 2009
Can we PLEASE not politicize football!! I mean, it's the super bowl for goodness sake! People are trying to get away from politics and economy woes. First we have to sit and listen to the fawning interview of the president and then we get the owner of the steelers thanking Obama after they won. Wait, did he call a play or two? Or did he guarantee a bailout if the Steelers go broke? C'mon on man! It's the Super Bowl. Let me enjoy my football. One bright spot, Springsten didn't go rouge and rant on about how great America is now with a liberal as president. Thank baby Jesus!
Thursday, January 29, 2009
Monday, January 26, 2009
At March, Black Pastor Warns Obama not to Preside over "Genocide" of American Blacks
WASHINGTON, DC, January 23, 2009 (LifeSiteNews.com) – The most well received speech at the March for Life this year was that of an African American pastor from Frederick Maryland. Pastor Luke Robinson began noting that the election of the first African American President of the United States was a fulfillment of "part" of the "Dream" of Dr. Marin Luther King Jr.Speaking of the inauguration of the "first black President" of the United States, Pastor Robinson explained: "So many African Americans and other folks cried and shouted because the inauguration was part of the deferred dream come true." But, he added, "we come here to deal with some unfinished business as it relates to the 'dream'." Then, using Barack Obama's own rhetoric, Pastor Robinson used the phrase "We need change now more than ever" which would accentuate the rest of his talk. "We are calling on the President of Change, President Barack Obama," he said, "to be an agent of change as it relates to the lives of over one million children who will be slaughtered in this, his first year as President, by a horrible practice called abortion and 'a woman's right to choose'."The most striking portion of Robinson's speech came as he begged Obama not to preside over the genocide of African Americans. "We need change Mr. President because every day about 4000 babies die by abortion. Every day Mr. President, people with your ethnic background any my ethnic background die in astounding numbers. Abortion is the number one killer of African Americans in this country.""We make up about 12% of the population and about 34% of all abortions are black babies. In the last 36 years over 17 million African American babies have died by abortion alone. We need to change this picture. We need to stop this slaughter of the innocent preborn."Please Mr. President, be that agent of change that can commute the sentence of over 1400 African American children and over 3000 children from other ethnic groups sentenced to die every day in this country by abortion.""We need change and we need it now.""I pray with so many others," he said, "that your administration will preside over the end to abortion and to the black genocide in America." "At the conclusion of your term in office, may it never be said that you presided over the largest slaughter of innocent children in the history of the country and that African Americans became an ever increasing minority under your hand."
This will make the Obama & Co think really hard and really mad. But still they won't change their mind!
Thursday, January 22, 2009
1)Close Gitmo 2)Tax evading Treasury Secretary 3)Lifting Mexico City Law (funding for abortions abroad) 4)Suspending trials of the scums that planned 9/11...THE CHANGE WE CANNOT AFFORD!
I really don't have a good feeling about this. God forbid, but I hope soon we won't be praying for the days of Dubya..."When America used to be safe". God help us!