More on That Obama "Reset" Button

Russian saber rattling:

The timing here is beautiful. The exercises reportedly transpired during the 70th anniversary of the Russian invasion of Poland… also the same day that President Obama killed plans for Polish based missile defense.

The [Russian] armed forces are said to have carried out “war games” in which nuclear missiles were fired and troops practised an amphibious landing on the country’s coast. Documents obtained by Wprost, one of Poland’s leading news magazines, said the exercise was carried out in conjunction with soldiers from Belarus.

Russian general says Poland a nuclear ‘target’ The manoeuvres are thought to have been held in September and involved about 13,000 Russian and Belarusian troops.

Poland, which has strained relations with both countries, was cast as the “potential aggressor”.

Poland is scared, and for good reason. After decades of repressive Soviet occupation, the Poles invested everything in tightened defensive ties with NATO and the United States. Now the Russian Bear is once again pounding down their door, and — after Poland loyally committed whole battalions to both Afghanistan and Iraq — America is nowhere to be seen.

This is how Putin operates. He messages with force. These exercises could have been held anywhere in Russia’s yawing territorial expanse. Poland was chosen with reason, as it serves as a bulwark of freedom and Western values in an area Russia still considers its own.

Will Russia fight? Only if we make it 100% clear that we won’t stop them – right now, Russia is barely kept afloat by relatively high oil prices. Other than that, Russia’s got nothing going for it…and tyrannical regimes with not much going for them do often cast about for a foreign enemy to distract and unify the people. Now Obama’s craven abandonment of Poland is exposed.

Poland has been a bulwark of the West for a thousand years – an outpost of our civilization. To abandon Poland, as the West did in the past, is to abandon the lynch pin in that area of the world. Obama, ignorant of the most basic facts of history, doesn’t understand this – and thus he’s thrown Poland to the Russian bear in hopes that the bear will make nice with him.

Our Money, Up in Smoke

Thank you, Obama and co:

Treasury Secretary Tim Geithner is directly to blame for taxpayers’ loss of $2.3 billion in the CIT bailout, says professor William Black of the University of Missouri-Kansas City School of Law and a former federal bank regulator.

“We put ourselves on the hook in a completely inept way where we lose first. We lose entirely as the taxpayers.”

Black specifically faults Geithner for negotiating an arrangement in which CIT can repay its senior creditors 70 cents on the dollar in bankruptcy, but taxpayers are completely left out in the cold for their investment.

When Geithner pumped taxpayers’ money into CIT this summer, “it’s like he burned billions of dollars again in government money, our money, gratuitously,” Black said.

What I’ve heard on the effect of CIT bankruptcy: a lot of small and medium sized firms might be forced in to bankruptcy because they’ve lost the lines of credit they need to operate on a day to day basis.

This is very ugly – and all that is wrong with politics and business in America.

3.5% Growth? Yeah, Right.

All that talk of GDP growth and corporate profits? Well, I’ve been telling you guys for months now not to believe it. Its all so much smoke and mirrors – the government fudging its numbers while corporate America plays fast and lose with its accounting. Here’s a bit about how one expedient is to rob the future in order to boost the current quarter’s profits:

…The trouble is that those GDP and productivity growth figures could be significantly overestimated—perhaps by one percentage point or even more.

That’s because the official statistics are not designed to pick up cutbacks in “intangible investments” such as business spending on research and development, product design, and worker training. There’s ample evidence to suggest that companies, to reduce costs and boost short-term profits, are slashing this kind of spending, which is essential for innovation. Without investment in intangibles, the U.S. can’t compete in a knowledge-based global economy. Yet you won’t see that plunge reflected in the GDP and productivity statistics, which are still too focused on more traditional sectors, such as motor vehicles and construction…

…Here’s a sobering sign that companies are robbing the future to pay for short-term profits: Over the past year, U.S. employment of scientists and engineers—the people who create the next generation of products and make the U.S. more competitive over the long term—has fallen by 6.3%, according to a BusinessWeek tabulation of unpublished data. Yet overall employment has fallen only 4.1%…

The “profits” of late come about a lot of ways – not buying as much inventory; cutting back on employee benefits and pay; not hiring temporary/seasonal workers; squeezing overhead expenses, etc, etc, etc. Boiled down, though, is that when you get a “profit” by such expedients you really haven’t accomplished anything.

This is, also, nothing new – do you really think that we can’t build a factory in the United States to compete with the Chinese factory your kitchen table came from? Sure we could – but it takes time and effort to build or renovate a factory, and that eats in to this quarter’s profits. Much better to just close the outdated factory you have, order the goods from China and beam with glee over your increased quarterly profits even as your firm makes less stuff and employs less people. Meanwhile, as you’re patting yourself on the back and offering huge bonuses to retain the “talent” which carried out this program, America’s economic base shrinks to the point where it can’t sustain the profligate lifestyle American’s have grown used to.

Pay no attention to the shell game Obama, Pelosi, Reid, Big Corporation and Big Government are playing. Until we start working our way out of this, we won’t get out. They’ll continue to fudge the numbers, print money, swap various toxic assets back and forth, increase taxes, increase spending and it’ll all amount to nothing, in the end. Except more debt for me and you, and a longer, harder task of working our way out of it.

$8,000.00 Home Buyer Credit: Rife With Fraud

Of course:

…On Thursday, October 22, J. Russell George, inspector general for the Internal Revenue Service, testified before a House Ways and Means subcommittee that the tax credit has been rife with inefficiency and fraud. Among those scamming the program, he believes, are more than 50 IRS employees. This interim report, George emphasized, if anything, understates the problem…

…As part of President Obama’s economic stimulus proposal, Congress this year transformed the program into a giveaway. Lawmakers extended the eligibility period through November 30, raised the credit to $8,000 and eliminated the repayment requirement on all purchases after January 1, 2009. What’s more, a “first-time” homebuyer actually refers to a buyer who hasn’t owned a home over the previous three years. Moreover, the law established income limits of $75,000 for single-adult households and $150,000 for married couples, with a phase-out (rather than elimination) of the credit at higher levels.

Liberalism would work just fine if we could repeal human nature. But, as we can’t, this is what we get – a boondoggle program which was never needed and which is being milked by the corrupt for their personal benefit. More and more of this sort of thing will come out as the Obama years advance, mark my words on that.

America's New Frontier: Detroit

No, I’m not kidding – an excellent article on the subject of Detroit and the prospects of urban innovation in such dying cities. Especially fascinating are the pictures of “de-urbanization” over the past decades: areas of Detroit once fully urbanized are now nearly vacant – and not just of people, but of buildings. As the author points out, this opens up the prospect of all sorts of urban experimentation.

There are places all over our large, decaying cities just like that – places which have become the arena for rebuilding America. Now, to be sure, lots of these places have corrupt, liberal governments addicted to taxes and regulation (its why they’re blighted, after all), but the time will come when even the most obtuse tax-and-regulate liberal will have to see that the jig is up. Right now, you can buy a house in Detroit for about 2 grand – of course, given that the place is pretty crime ridden and has a shrinking employer base, its not such a good idea at the moment. But it can be made different.

If we can provide incentives for people to start or expand businesses (land is cheap in Detroit and jobs are scarce); if we can break out of the mindset that if its urban it must stay that way (why not put a strip a half mile wide between Detroit and any neighboring community and restore it to forest and farm land?); if we genuinely think anew and act anew, we can restore our cities – not, hopefully, to the soul less, concrete megalopolis of the past, but to places where human beings can live and work.

This is a very exciting time to live in – mindset which seized upon our nation in the 30’s are at last breaking down completely, and we now have a chance to re-forge the America our grandfathers knew, and our Founders intended.

"Matrix" Producer Plans Cowardly, Servile Flick About Mohammed

Cultural spinelessness advances:

Producer Barrie Osborne cast Keanu Reeves as the messiah in The Matrix and helped defeat the dark lord Sauron in his record-breaking Lord of the Rings trilogy. Now the Oscar-winning American film-maker is set to embark on his most perilous quest to date: making a big-screen biopic of the prophet Muhammad.

Budgeted at around $150m (£91.5m), the film will chart Muhammad’s life and examine his teachings. Osborne told Reuters that he envisages it as “an international epic production aimed at bridging cultures. The film will educate people about the true meaning of Islam”…

…In accordance with Islamic law, the prophet will not actually be depicted on screen…

Which, actually, tells us a lot about Islam – after all, put Mohammed on screen and people (including the producer) might get killed. And imagine what would happen if the film went in to Mohammed’s rather interesting married life!

Look, movies aren’t supposed to tell the truth, the whole truth and nothing but the truth – they can’t. But there should be at least an approximation of it…and to bend the knee to Islam’s idiotic ban on the depiction of Mohammed is just craven. Moslems are free to not depict Mohammed till the cows come home – but non-Moslems are not bound by such strictures…and I doubt there’s a Hollywood producer out there who would be so sensitive to Christian or Jewish religious sensibilities.

NJ-GOV: Democrats Lie, Cheat in New Jersey

I know, it isn’t news at all – completely “dog bites man”, but for the record:

The Democratic State Committee now admits paying for a robocall to Somerset County voters that slams Republican Chris Christie and promotes independent gubernatorial candidate Christopher Daggett.

A Democratic spokeswoman says the party’s chairman, Joe Cryan, was not aware of the robocalls when he denied that the state committee had anything to do with them yesterday afternoon.

Cryan, who told PolitickerNJ.com yesterday afternoon that the Democratic State Committee had “absolutely” nothing to do with the call, could not immediately be reached for comment.

The call angered Republicans and further fueled conspiracy theories that Daggett is in cahoots with the Corzine camp. A disclaimer at the end says it was paid for by Victory ’09, “a project of the NJDSC” (Democratic State Committee), and gave the committee’s Trenton address.

Daggett, for his part, disavowed the call.

Yeah, stuff like that just happens all the time…someone just accidentally recorded the robo-call and then the recording slipped and fell in to the phone system of the New Jersey Democrat party. The Democrats – and Daggett – are all just sweet, innocent bystanders. Anyways, its all Bush’s fault.

I’m confident that New Jersey voters will do the right thing tomorrow, and then Christie can get to work cleaning up this mess.

What is Wrong With This Story?

Here it is:

Police in the Ohio city of Cleveland urged families of missing people to come forward with pictures of their absent relatives yesterday after the discovery of six badly decomposed bodies at the home of a convicted rapist, prompting a mass murder investigation.

Did you catch it? If you didn’t, I’ll give you another shot:

The bodies came to light on Thursday and Friday when officers visited his home to investigate an allegation of rape. Sowell has already served 15 years in prison for choking and raping a 21-year-old woman who was lured to his bedroom in 1989.

Get it? Ok, for those who are inattentive – key in on “convicted rapist” and “served 15 years in prison for choking and raping”. You see, if this man was still serving the life sentence without parole he should have got, then the six women in his home would still be alive.

There’s just something about a person who rapes – whether its a man raping a woman or an adult raping a child: once they do it, there doesn’t seem much chance they won’t do it again. Anyone who rapes, once convicted, should never be let out of jail. While good behavior might merit an easy prison, the fact remains that such people cannot be trusted around anyone they may be able to victimize.

Rape should not be a three strikes your out thing – once you rape, away you go, for good.