Postal Service Going Broke

From the New York Times:

The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances…

In 2010, the US Postal Service had revenues of $67 billion.  Even if we want to assume that revenues have fallen in 2011, there still has to be in the $65 billion-range of revenues…in other words, quite a lot of money.   Any company earning $65 billion a year can’t be worthless…other companies with that level of revenues are Apple, Microsoft, Boeing, Target, Walgreen and Johnson & Johnson. That puts the USPS in some pretty elite company on the revenue end – so, what gives?

Don’t know for certain without doing an audit, but it should be noted that the USPS employs about 574,000 people…far more than, say, McDonad’s, which is also a labor-intensive corporation.  My bet is that the USPS probably employs far more people than it needs to, probably at higher wages than needs be paid, and you can figure they probably get fat pensions and benefits.  The bottom line is that the USPS does not need to go out of business, nor does it need more taxpayer hand outs…but it does need to massively cut costs.

It is time for the USPS – which does enjoy a monopoly on first class mail delivery – to join the real world.  Sink or swim – either figure out how to make itself profitable off of $65 billion in revenue, or fold and let UPS and FedEx compete for shares of that $65 billion in revenue.  Not one thin dime of taxpayer money!

Labor Day Open Thread

I hope that everyone has a delightful day today – as for me, I have to work.  Being a mindless cog in a faceless, corporate entity does have its draw backs.  Seems that the bosses have a misconception of what “labor day” is about.  Ah, well.  On the other hand, I’ll be earning double time and a half…and my vacation starts after work today!  Two weeks off…including a trip up to Reno to see the new grandson!  This does means that from the 9th on blogging might be a bit light, but we’ll make it all work.

We are, of course, all waiting in breathless anticipation of Obama’s jobs speech…while my leg hasn’t quite started to tingle over it, I’m sure I’ll be fainting dead away when The One tells us how he’s going to undo all the garbage he’s done up to this point.  I’m sure you all feel the same way – so, you can discuss that.  Or, if that proves a bit boring, you can go on to more exciting subjects, like how to clean lint out of the dryer.

So, have at it.

Democrat Treasurer Arrested

From the Orange County Register:

A prominent Democratic campaign treasurer who works for federal, state and O.C. lawmakers including U.S. Sen. Dianne Feinstein, Rep. Loretta Sanchez and state legislators Lou Correa and Jose Solorio has been arrested by the FBI on suspicion of mail fraud, The Orange County Register has learned.

U.S. Attorney’s Office spokesman Thom Mrozek confirmed Saturday afternoon that Kinde Durkee of Burbank-based Durkee and Associates, was arrested by the FBI on a criminal complaint filed by the U.S. Attorney’s Office in Sacramento. Special Agent Steve Dupre of the bureau’s Sacramento office said she was arrested in connection with her position as a campaign treasurer…

Since this is being done under a Democrat Administration, I can only figure that she stole above her station…because when you have a party of Nancy Pelosi, Barney Frank and Charlie Rangel, I can’t see how dipping your fingers in to the campaign coffers is considered all that bad.  I mean, it isn’t like this is her first brush with the law – as the report goes on to note:

…Durkee has had enforcement actions taken against her four times by the state Fair Political Practices Commission, primarily for failing to report transactions or information. She has also received at least a half a dozen enforcement warning letters from the commission and stipulated to a violation before the City of San Diego Ethics Commission…

So, serial ethics problems over the years hasn’t deterred Democrats from working with her…in other words, par for the course in Democrat politics, where the only moral test is that of success.  If you win, then you did good…and it doesn’t matter how you win.  Given all this, it must be something other than her corruption which got a Democrat controlled Justice Department after her…and it will be interesting to see how this unfolds; who did what to whom, as it were.

Liberal Fascists Strike Again

From the Powerline:

About six weeks ago Dr. Roy Spencer of the University of Alabama Huntsville (a center for lots of NASA activity and climate research) published an important new paper with William Braswell in the Journal of Remote Sensing entitled “On the Misdiagnosis of Climate Feedbacks from Variations in Earth’s Radiant Energy Balance.”  Translated from the scientific lingo, the paper essentially argues that discrepancies between what the climate models say should be happening and what we actually observe happening (namely, the pause in warming over the last decade) means we still don’t have a complete picture of cloud behavior…

…Well, you can imagine what happened next.  Not content with attacking Spencer and Braswell for their heresy, the Climate Inquisition has forced the resignation of the editor of the Journal of Remote Sensing

The BBC also finds another problem with Dr. Spencer – seems he’s a committed Christian!  Well, that tears it – when Christians are involved you know that something is fishy!  Can’t have Christians casting doubt upon climate change orthodoxy, now can we?  In classic Stalinist mode, liberal fascists have not only got the editor to resign, but got him to state that he shouldn’t have published the article.

Some years back I wrote an article entitled The Death of Science…about how politicized scientists, themselves, were destroying the respect science had among the public.  For well more than a century, if you put the label of “science” on an assertion, belief among the public was automatic…but now we’ve all seen just too much nonsense dressed up as science.   It just makes matters worse when we see dissenting scientists persecuted for speaking up.

The really bad news here is that we do need science – we need, that is, to be able to use our human reason to discover what we can of the truth.  God made the universe intelligible and gave us reason so that we may explore the universe.  From what we can see, God wants us to learn the truth…but we can’t learn the truth if we are forever cutting ourselves off because of some prejudice.  It used to be that religion was, at times, a bar to free inquiry…now the ostensible advocates of free inquiry are standing athwart the pursuit of truth yelling, “stop!”.  If these people get their way, we’ll shortly be back in a dark age…free inquiry will stop, innovation will dry up and we’ll even start to forget things we’ve already learned.

Everyone who is in favor of the truth – who is fearlessly determined that the truth be known, come what may, should be frightened about this sort of action.  A few corrupt purveyors of an ideology are trying to shut down debate…shut down the search for truth.  They are doing it because great, big gobs of money are at stake, as are the reputations of those who have most ardently advanced the notion that human CO2 emissions are a primary culprit in global warming…an assertion which is at the least entirely unproved, and at worst is outright false.  If we want to be a people of truth, we’d better darn well put a stop to this.

Dealing With China

James Traub over at Foreign Policy has an interesting article about how the United States should deal with China.  While acknowledging that China is rapidly becoming powerful, Traub downplays any aggressive intent on China’s part, while also discounting any muscular, American response to China.  The only really good thing I can say about the article is that it at least is an acknowledgment that China has to be dealt with in some fashion…for too long we’ve been blinded by an idea that all China wishes to do is make money, or that they were in some manner a strategic partner of the United States.  But I do believe that Traub is not quite understanding what the Chinese government will do.

Tyrants cannot hold still – they must continually advance, or they will fall.  In Churchill’s trenchant phrase, they ride to and fro on the backs of tigers, and the tigers are getting hungry.  The tyrants of China made a de-facto deal with the Chinese people post-1989:  let us be in power, and we’ll let you get rich.  This has, in fact, worked out to only a select few getting rich, mostly by ripping off the broad mass of the Chinese people…but the growing prosperity has kept dissent down in the cities while the army and security forces have proven capable of keeping dissent down in the countryside (though there are plenty of tales of riot and rebellion in the backwaters of China).  The problem for China is that they have advanced about as far as they can under their current system.  They can advance further – but only by bringing rural China in to the economic mainstream, and by freeing up the political system so that corrupt (which eats like a cancer at the Chinese economy) can be fought.  Neither course of action appeals to China’s Ruling Class.

But they can’t stand still – they can’t do what is necessary to make the next step forward economically, but they also can’t just let things stagnate…what is already bound to be a Chinese recession will become a very hard landing unless China changes internally…or finds some external means of deflecting attention.  The recently aggressive behavior of China in foreign affairs is not a reflection of China’s actual might – they don’t have that sort of power as of yet.  Won’t have it, really, for 20-30 years, if ever (China’s coming demographic decline may rob China of the sinews of power just when the infrastructure if finally there).  They are blustering…hoping to grab what they can, and preparing for a foreign confrontation which will (in the Ruling Class’ view, at least) cement the loyalty of the Chinese people and serve as the excuse for the coming bad economic times.

The bottom line for us is to get prepared for this – by forging a rock-solid alliance with India, making a defense arrangement with Vietnam, and re-founding our alliances with Japan, South Korea, Taiwan and the Philippines.  It is a certainty that China will try something – what it will be remains to be seen.  I suspect a move against Taiwan in conjunction with a Chinese-inspired, North Korean attack on South Korea and/or Japan (ie, draw off American power to northeast Asia while China moves in the South China Sea…we can’t be everywhere at once, and Taiwan for most Americans would be a doubtful proposition for a full scale war…it shouldn’t be, but it would be).  But as we can’t know for certain, better to be prepared for all eventualities…and if this takes some increases in naval and aerial strength, then we’re going to have to bite the bullet and do it (as an aside, the really good thing about alliances and agreements with India and Vietnam is they provide ample land power without the United States having to deploy millions of troops).

The most important first step is to recognize that China is an enemy State…that we must not have close economic and military relationships with the Chinese.  That we must inform them that any attempt to change the status quo in Asia and the Pacific will be met with a forceful American response.

 

The Anguish of Abortion

In spite of pro-abortion attempts to paint abortion as painless, the agony is very real – from Life News:

A new study published in the British Journal of Psychiatry by leading American researcher Dr. Priscilla Coleman of Bowling Green State University finds women who have an abortion face almost double the risk of mental health problems as women who have their baby.

Coleman’s study is based on an analysis of 22 separate studies which, in total, examine the pregnancy experiences of 877,000 women, with 163,831 women having an abortion. The study also indicated abortion accounts for one in ten of every adverse mental health issue women face as a whole.

“Results indicate quite consistently that abortion is associated with moderate to highly increased risks of psychological problems subsequent to the procedure,” the study says. “Overall, the results revealed that women who had undergone an abortion experienced an 81 percent increased risk of mental health problems, and nearly 10 percent of the incidence of mental health problems were shown to be directly attributable to abortion.”…

It is quite simply unnatural for a woman to abort her child – it is, indeed, a negation of all that “woman” means.  Call it biology or the will of God, the plain fact of the matter is that women are to create and nurture life…a woman can choose not to do this, but to take “choice” to mean the deliberate killing of a life already started is a horrific violation of the feminine spirit.  Given this, it is a certainty that there will be mental and spiritual pain associated with abortion.

My final awakening to the full effect of abortion was when, a few years back, I was privileged to meet some women from Silent No More – a campaign by women who have had abortions and now wish to warn other women of the terrible consequences.  While I have been, for most of my adult life, pro-life,  I still felt that as a man I was some how out of place in being a forthright and public opponent of abortion.  The ladies of Silent No More set me straight…bringing me to understand that my duty, as a man, is to defend women…including defending them against abortion, to the fullest extent of my ability.  The pain these women shared with me made it impossible for me do to other than continually speak out against this anti-woman, anti-human, barbaric practice…and to seek its abolition.

Let know one try to convince you otherwise – an abortion is the worst thing a woman can do to herself short of suicide.  However bad the circumstances of the pregnancy, to kill the unborn child will just make it worse, not better.  Life is always the proper choice.

Islamists in Libya

Not a good sign – from Barry Rubin over at Pajamas Media:

Finally, we have evidence that Islamists and even al-Qaeda supporters will play a central role in Libya’s new regime. Up to now there has been reasonable speculation that the U.S. government and NATO might be installing an anti-Western, Islamist government in Libya. Now there’s proof that this is so.

The actual government remains in the hands of non-Islamists, technocrats, ex-regime officials, and moderates. But the armed rebels who actually made the revolution have voted and their idol is…an al-Qaeda guy. Political power, said Mao Zedong, grows out of the barrel of a gun and in Libya’s case this seems a very reasonable expectation.

According to Al Jazeera, the network recommended by Secretary of State Hillary Clinton as fair and balanced, Abdul al-Hakim al-Hasadi, also known as Abdelhakim Belhaj, has been named commander of the Tripoli Military Council. He was formerly head of the Libyan Islamic Fighting Group, an al-Qaeda affiliate. Moderates are understandably nervous…

The guys with the guns do tend to call the shots – and there is just about zero chance that NATO or the United States will start bombing the al-Qaeda affiliated rebels to shore up the non-Islamists. We can still hope that the non-Islamists have enough military force to keep the Islamists in line, but there is one thing you can say about the Islamsits…they do have propaganda convincing to at least that segment of the Moslem population willing to take up arms.  The best bet to make in Libya is that those who fought the hardest are likely to be Islamists, or open to Islamist propaganda.

Another problem hamstringing the rise of decency in Libya is that a good portion of the population is still apparently tribal in outlook…this can work to the advantage of those wanting a free nation, but it can also work against them:  those who are divided up by tribes will be confronting people united across tribal lines in the name of extremist Islam.  In any revolutionary situation, the most determined and disciplined minority will take charge…it was such during our own revolution, and we just hit the jackpot in that the people running our side of the fight were Washington, Jefferson, Madison, Adams and the like.  I haven’t seen any Washington-like person rising in any of the Moslem revolutions of late.

Once again I have to go back to my first views on Libyan intervention – we should have done it much sooner and much harder.  Had we acted swiftly to destroy the Gaddafi regime then it would have been gotten rid of before large bodies of dedicated, revolutionary soldiers were built up.  Before, that is, a large body of Islamist troops were created.  There would have been in reality no rebel army…and thus the chance for decent people to be in charge.  In any military action, there must be celerity of movement and maximum force…if you don’t want to move quickly and with enough power to over-kill the opposition, then it is best not to move at all.  We may get the worst of both worlds…a half-baked military intervention to be followed by a regime overtly hostile to the United States (Gaddafi’s Libya was hostile, but also wasn’t bothering anyone for the past 10 years or so).

Pray that the good guys win…but be prepared for quite a mess in Libya.

UPDATE:  Islamists plot to take over Libya.

UPDATE II:  Libyan rebels round up  blacks as enemies.

 

IMF Official Expects Greek Default

Over at Noonan for Nevada I note that Greek one year bonds have rocketed to an amazing 72%, now comes this Zero Hedge:

While the US was panicking over a double zero jobs report, things in Europe just fell off a cliff. As both the WSJ and Reuters report, it seems that the second Greek bailout, following repeated and consistent disappointments by Greece which has resolutely refused to comply with the terms of its fiscal austerity program, has just collapsed.And with the US closed on Monday: long a counterbalance to European risk pessimism, this week (especially with the news fro the latest FHFA onslaught against global banks) may just be the one that “it” all comes to a head. But back to Europe, and more specifically Greece, which it now appears is doomed. “I expect a hard default definitely before March, maybe this year, and it could come with this program review,” said a senior IMF economist who is keeping close tabs on the situation. “The chances for a second program are slim.” …

And remember, Italy and Spain are also on the financial chopping block – it has just been the belief of the Eurozone leaders that if they can save Greece, they can save the entire Eurozone.  Maybe that was true, but what has become clear by now is that Greece cannot be saved…the financial requirements to be placed upon the people of Greece are not politically possible for an elected Greek government to impose (additionally, in my view, even if the Greek people willingly embraced the austerity measures it would not be enough…Greece – like Spain, Italy and so many other nations – owes more than it can ever repay).  So, default.

Some rumors have had it that all the Eurozone leaders were ever trying to do was find a safe place to crash land the Greek economy…knowing all along that default was necessary, they just wanted it to happen in the least damaging manner possible.  I don’t hold to that view – Greek default being inevitable, the sooner it happens, the better.  The longer you keep trying to bail out Greece the more debt is involved and thus the bigger the hit when the default happens.  I think the Ruling Class of Europe really thought they could manage this…the Masters of the Universe never imagined that there wasn’t some way to borrow, print and steal their way out of the jam, as they have done so many times in the past.

But now they are rather stuck…no one in Europe wants to get further on the hook for Greece.  Default must happen, and keeping things afloat even for another full year won’t make it any better for those who continue to extend Greece credit.  Maybe there are one or two more rabbits for the European Central Bank to pull out of the hat, but I don’t think so.  Get ready for an interesting financial time.

Run, Sarah, Run!

Real Clear Politics has a link to the Palin speech today as well as several quotes – this is the most important part:

…On crony capitalism: “So many of them, they arrive in Washington, DC of modest means and then miraculously throughout the years they end up becoming very, very wealthy. Well, it’s because they derive power and their wealth from their access to our money, to taxpayer dollars.”

“They use it to bail out their friends on Wall Street. And their corporate cronies. And to reward contributors. And to buy votes via earmarks. There is so much waste. And there is a name for this. It’s called ‘corporate crony capitalism,'” she said.

“Like you, I’m not for sale. I believe in the free market and that is why I detest crony capitalism. And Barack Obama has shown us cronyism on steroids. It will lead to our downfall if we don’t stop it now.”…

She gets it – whether by insight or careful study, she understands the basis of what is wrong…we’ve got a self-perpetuating Ruling Class which has fastened itself upon American society.  They are like colonial overlords, or a visitation…they are not organically connected to us, but they rule us and bleed us dry so they and their hangers-on can prosper.  Unless and until we get rid of them, we won’t be able to restore America.

The people who run our system of government and economics will always stand in the way of reform for the simple reason that any reform will eject them from power.  There is no way that those who leech off the American people will voluntarily give up their place at the  trough.  They will have to be forced out – by peaceful, political revolution.  Sarah Palin understands this – so, to be sure, do Michelle Bachmann, Herman Cain and Rick Santorum.  But Palin has the national name recognition and the instant ability to raise hundreds of millions of dollars as well as mobilize an army of volunteers.

In spite of all the excellent qualities in the current GOP primary field – and whomever gets the nomination will get my enthusiastic support against Obama – my view is that Sarah Palin is the best option for the GOP in 2012.  Palin is the embodiment of the true American spirit…the self-reliant, hard working, family-orientated, ardently Christian core of America.  She is the sort of person who crossed the oceans to found America, and who then tamed a continent, built a democratic republic and made America in to the most powerful and generous nation in human history. We can get that America back – but only by revolution.  Of all the candidates Palin is not only most likely to do this, but she has the ability to run that long, difficult race which will be necessary for a revolutionary to win the GOP nomination and beat Barack Obama.

So, run, Sarah, run.  Become the leader of the revolution and let’s restore America.

How Liberals See It

Cenk Uygur wrote a piece over at HuffPo about how Obama and Co just won’t get out there and fight…that Team Obama thinks they are winning and thus just don’t answer the GOP blow for blow.  For those of us who have been watching Obama serially insult and attack us since he became President, this attitude comes as a surprise…what do the liberals want Obama to do?  Shoot us?

Uygur’s opinion is applauded and repeated by many liberals in the comments, but other liberals are countering the argument with a plea for patience.  Obama, you see, had dropped in his lap more challenges than any other President.  Civil War?  World War Two?  Oh, puhleesse!  Give me a break…that’s nothing!  Think about what Obama was faced with:  a recession!  My goodness, man, can anything be more challenging than that?  And then look at all that cruel obstructionism from the GOP…for crying out loud, in the face of the beaten down, dispirited GOP all Obama had was absolute command of Congress and the slavish devotion of the MSM.  It is a wonder that Obama survived at all!

Interspersed are, naturally, the accusations that we’re all racists and that corporations and billionaires control us (one wonders if any liberal has ever asked what George Soros does for a living?).  It is really rather sad; pathetic, really.  It is people who simply don’t know…they were fed a fairy tale about what that wicked,  mean Chimpy McSmirk BusHitler was up to…and then they were told that Obama was The One who will make it all better.  Now that the fairy tale has entered reality and reality doesn’t measure up, they are just floundering around, looking for excuses or getting petulant that The One hasn’t delivered.

These are not people who are set for victory next year…from Obama on down liberals are just out of their depth.  We’re going to beat them like a drum – not easily because ignorant as they are, they’ll still have a billion dollars to spend and a nasty streak a mile wide, but we’re going to beat them.