Sunday, July 24, 2011

GOP Should Call Obama's Bluff on Debt Deal

Friday, 15 Jul 2011 09:32 AM By David Limbaugh


Ordinarily, I'd have difficulty grasping the magnitude of arrogance driving President Barack Obama in budget negotiations that could determine the survival of our nation, but after several painful years of observation, I've come to expect it from him.

Obama's personality type does not well handle opposition, so when House Majority Leader Eric Cantor refused to budge on Obama's unreasonable demand that the GOP agree to raise taxes during these economic hard times, which would not raise revenues, Obama blew up and "stormed out of the room."

Cantor suggested that the parties opt for a short-term deal to avert the debt ceiling deadline, but Obama adamantly refused. "Enough is enough," said Obama. "I've reached my limit. This may bring my presidency down, but I will not yield on this."

Why is it acceptable for Obama to be overtly uncompromising but express outrage that his GOP opposition is unyielding? It's as if he's saying, "How dare you be as intransigent as I'm being."

Obama also warned Cantor, "Don't call my bluff." Notice all the I's and my's in Obama's threatening language. Did anyone ever tell this narcissistic man "no" before he became president?

He acts as though the United States is his personal chattel to do with as he pleases, and no one (including members of the co-equal legislative branch) and nothing (including the Constitution) dare get in his way. He masquerades as a mere bystander in all this instead of the primary mover in accelerating this financial catastrophe and the primary obstructer of the reforms necessary to avert it.

Such petulance isn't Obama's only unbecoming conduct concerning these negotiations. He recently attempted to horrify seniors that their Social Security payments would be withheld if Republicans didn't compromise.

Obama knows better than that. Reaching the debt ceiling wouldn't prevent the government from spending money, only from spending more than it takes in, which means it could decide which payments to honor and which to forgo. There are plenty of expenditures less urgent than benefits to seniors. But Obama chooses to scare seniors anyway.

This same principle applies to Obama's refusal to exercise calming presidential leadership at Wednesday's announcement by Moody's that the government's credit rating is under review for a potential downgrade. Moody's said the ongoing debt limit stalemate increases the risk of the government's default on its debt.

But that is clearly untrue, and a president fulfilling his fiduciary duty to the nation would say so in unambiguous terms. What is true is that if we don't radically reduce our overall spending and structurally reform our entitlement programs at some point in the near future, we will be unable to honor our obligations.

But it is the exploding national debt that is the enemy, not the debt ceiling, without which there's no telling how much worse off we'd already be.

Obama should have immediately assured Moody's and the rest of the world that no matter what happens in these negotiations, the United States will honor its debts. But just as he does with seniors, he prefers to ruthlessly leverage international fear as a negotiating weapon in his mission to remake America.

I repeat: It is past time that Republicans take the gloves off and man their offensive battle stations. Obama's constant assumption of the offense and the Republicans' deferential defensive positioning create the illusion that Obama has more power than Congress and that he is not mainly culpable in the events giving rise to this impasse.

Whether or not he accepts this reality, Obama owns this economy and the alarming explosion of the debt in recent years. He is the one whose reckless policies have greatly exacerbated our dire financial condition. He is the one whose unconscionably wasteful and irresponsible economic policies have tanked the economy and suppressed employment.

He is the one who, along with his party, has not presented a budget in 800 days. He is the one who formed a bipartisan deficit commission and then ignored its findings. He is the one who hasn't presented a concrete budgetary plan. He is the one who refuses to reform entitlements despite objective evidence that if we don't, the nation will go belly up. Yet he is the one who is pointing all the fingers of blame against the Republicans as if they were the culprits.

Republicans, choose your spokesman (Rep. Paul Ryan would be a good choice), and call daily pressers to make your case instead of always ceding that turf to Obama. In charge of the purse, you have every bit as much right to speak out on fiscal matters as does Obama. Then begin passing your reform bills over and over again, forcing the Democratic Senate and Obama to reject them.

It's time that the president and party who are creating the mess were put back on their heels and exposed for their wanton fiscal destruction.

David Limbaugh is a writer, author and attorney. His latest book, "Crimes Against Liberty," was No. 1 on the New York Times best-seller list for nonfiction for its first two weeks. Follow him on Twitter @davidlimbaugh and his website at www.DavidLimbaugh.com.

Sunday, July 3, 2011

What Do You Know About Israel?

The Middle East has been growing date palms for centuries. The average tree is about 18-20 feet tall and yields about 38 pounds of dates a year. Israeli date trees are now yielding 400 pounds/year and are short enough to be harvested from the ground or a short ladder.
 
Israel the 100th smallest country, with less than 1/1000th of the world's population, can lay claim to the following: The cell phone was developed in Israel by Israelis working in the Israeli branch of Motorola, which has its largest development center in Israel.
 
Most of the Windows NT and XP operating systems were developed by Microsoft-Israel.
 
The Pentium MMX Chip technology was designed in Israel at Intel.
 
Both the Pentium-4 microprocessor and the Centrino processor were entirely designed, developed and produced in Israel.
 
The Pentium microprocessor in your computer was most likely made in Israel. Voice mail technology was developed in Israel.
 
Both Microsoft and Cisco built their only R&D facilities outside the US in Israel.
 
The technology for the AOL Instant Messenger ICQ was developed in 1996 by four young Israelis.
 
Israel has the fourth largest air force in the world (after the U.S, Russia and China). In addition to a large variety of other aircraft, Israel's air force has an aerial arsenal of over 250 F-16's. This is the largest fleet of F-16 aircraft outside of the U. S.
 
Israel's $100 billion economy is larger than all of its immediate neighbors combined.
 
Israel has the highest percentage in the world of home computers per capita.
 
According to industry officials, Israel designed the airline industry's most impenetrable flight security. US officials now look (finally) to Israel for advice on how to handle airborne security threats.
 
Israel has the highest ratio of university degrees to the population in the world.
 
Israel produces more scientific papers per capita than any other nation by a large margin - 109 per 10,000 people -- as well as one of the highest per capita rates of patents filed.
 
In proportion to its population, Israel has the largest number of startup companies in the world. In absolute Israel has the largest number of startup companies than any other country in the world, except the U.S. ! (3,500 companies mostly in hi-tech).
 
With more than 3,000 high-tech companies and startups, Israel has the highest concentration of hi-tech companies in the world -- apart from the Silicon Valley, U.S.
 
Israel is ranked #2 in the world for venture capital funds right behind the U.S.
 
Outside the United States and Canada, Israel has the largest number of NASDAQ listed companies.
 
Israel has the highest average living standards in the Middle East.
 
The per capita income in Israel in 2000 was over $17,500, exceeding that of the UK.
On a per capita basis, Israel has the largest number of biotech startups.
 
Twenty-four per cent of Israel's workforce holds university degrees, ranking third in the industrialized world, after the United States and Holland and 12 per cent hold advanced degrees.
 
Israel is the only liberal democracy in the Middle East. In 1984 and 1991, Israel airlifted a total of 22,000 Ethiopian Jews (Operation Solomon and Moses) at Risk in Ethiopia, to safety in Israel.
 
When Golda Meir was elected Prime Minister of Israel in 1969, she became the world's second elected female leader in modern times.
 
When the U. S. Embassy in Nairobi, Kenya was bombed in 1998, Israeli rescue teams were on the scene within a day -- and saved three victims from the rubble.
 
Israel has the third highest rate of entrepreneurship -- and the highest rate among women and among people over 55 - in the world.
 
Relative to its population, Israel is the largest immigrant-absorbing nation on earth. Immigrants come in search of democracy, religious freedom, and economic opportunity. (Hundreds of thousands from the former Soviet Union)
 
Israel was the first nation in the world to adopt the Kimberly process, an international standard that certifies diamonds as "conflict free."
 
Israel has the world's second highest per capita of new books.
 
Israel is the only country in the world that entered the 21st century with a net gain in its number of trees, made more remarkable because this was achieved in an area considered mainly desert.
 
Israel has more museums per capita than any other.
 
Medicine... Israeli scientists developed the first fully computerized, no-radiation, diagnostic instrumentati! on for breast cancer.
 
An Israeli company developed a computerized system for ensuring proper administration of medications, thus removing human error from medical treatment. Every year in U. S. hospitals 7,000 patients die from treatment mistakes.
 
Israel's Given Imaging developed the first ingestible video camera, so small it fits inside a pill. Used to view the small intestine from the inside, cancer and digestive disorders .
 
Researchers in Israel developed a new device that directly helps the heart pump blood, an innovation with the potential to save lives among those with heart failure. The new device is synchronized with the camera helps doctors diagnose heart's mechanical operations through a sophisticated system of sensors.
 
Israel leads the world in the number of scientists and technicians in the workforce, with 145 per 10,000, as opposed to 85 in the U. S., over 70 in Japan, and less than 60 in Germany. With over 25% of its work force employed in technical professions. Israel places first in this category as well.
 
A new acne treatment developed in Israel, the Clear Light device, produces a high-intensity, ultraviolet-light-free, narrow-band blue light that causes acne bacteria to self-destruct -- all without damaging surrounding skin or tissue.
 
An Israeli company was the first to develop and install a large-scale solar-powered and fully functional electricity generating plant, in southern California's Mojave desert.
 
All the above while engaged in regular wars with an implacable enemy that seeks its destruction, and an economy continuously under strain by having to spend more per capita on its own protection than any other county on earth.
 
. . . . AND THE FRENCH AMBASSADOR IN ENGLAND SAYS: "ISRAEL IS NOTHING BUT A SHITTY LITTLE COUNTRY"

Friday, June 17, 2011

The Dirty Little Secret Behind the Chevy Volt

The "Dirty Little Secret Behind the Chevy Volt"....

Patrick Michaels is a senior fellow in Environmental Studies at the Cato Institute and the editor of the forthcoming Climate Coup: Global Warming's Invasion of our Government and our Lives, as well as the author of several other books on global warming.

His Forbes column on the Chevy Volt is a case study in the nexus between big government corruption and big business rent-seeking.

Michaels briefly recaps the well-known consumer fraud in which GM has touted the Volt as an all-electric mass production vehicle on the supposed basis of which its sales receive a $7, 500 taxpayer subsidy, which still renders it overpriced and unmarketable.

Michaels notes that "sales are anemic: 326 in December, 321 in January, and 281 in February." There seems to be a trend here.

Michaels adds that GM has announced a production run of 100, 000 in the first two years and asks what appears to be a rhetorical question: "Who is going to buy all these cars?"

But wait! Keep hope alive! There is a positive answer to the question.

Jeffrey Immelt's GE will buy a boatload of those uneconomic GM cars. Here the case study opens onto the inevitable political angle: Recently, President Obama selected General Electric CEO Jeffrey Immelt to chair his Economic Advisory Board.

GE is also awash in windmills waiting to be subsidized so they can provide unreliable, expensive power.

Consequently, and soon after his appointment, Immelt announced that GE will buy 50, 000 Volts in the next two years, or half the total produced.

Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375, 000, 000 to a company to buy cars that no one else wants, so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama's Economic Advisory Board?

But of course. Michaels includes this hilarious detail in his case study:

In a telling attempt to preserve battery power, the heater is exceedingly weak. Consumer Reports their tests averaged a paltry 25 miles of electric-only running, in part because it was testing in cold Connecticut. (The [GM] engineer at the Auto Show said cold weather would have little effect.) It will be interesting to see what the range is on a hot, traffic-jammed summer day, when the air conditioner will really tax the batteries. When the gas engine came on, Consumer Reports got about 30 miles to the gallon of premium fuel; which, in terms of additional cost of high-test gas, drives the effective mileage closer to 27 mpg.

A conventional Honda Accord, which seats 5 (instead of the Volt's 4), gets 34 mpg on the highway, and costs less than half of what CR paid, even with the tax break.

The story of the GM Volt deserves a place in the Harvard Business School curriculum....but of course, it won't. It's a classic tale of the GOVERNMENT deciding what the public needs, not the marketplace.

PS.- Just in case you may have missed part of the point: What is one of the reasons for this? Why, to keep the UAW in business, because Obama owes them for his election. Starting to make sense yet?


Tuesday, February 8, 2011

Liberal v Conservative

Note: Rabbichutzpah neither endorses nor opposes the following anecdote.

A young woman was about to finish her first year of college. Like so many others her age, she considered herself to be very liberal, and among other liberal ideals, was very much in favor of higher taxes to support more government programs, in other words redistribution of wealth.

She was deeply ashamed that her father was a rather staunch conservative, a feeling she openly expressed. Based on the lectures that she had participated in, and the occasional chat with a professor, she felt that her father had for years harbored an evil, selfish desire to keep what he thought should be his.

One day she was challenging her father on his opposition to higher taxes on the rich and the need for more government programs.

The self-professed objectivity proclaimed by her professors had to be the truth and she indicated so to her father. He responded by asking how she was doing in school.

Taken aback, she answered rather haughtily that she had a 4.0 GPA, and let him know that it was tough to maintain, insisting that she was taking a very difficult course load and was constantly studying, which left her no time to go out and party like other people she knew. She didn't even have time for a boyfriend, and didn't really have many college friends because she spent all her time studying.

Her father listened and then asked, How is your friend Audrey doing?

She replied, Audrey is barely getting by. All she takes are easy classes, she never studies and she barely has a 2.0 GPA. She is so popular on campus; college for her is a blast. She's always invited to all the parties and lots of times she doesn't even show up for classes because she's too hung over.

Her wise father asked his daughter, Why don't you go to the Dean's office and ask him to deduct 1.0 off your GPA and give it to your friend who only has a 2.0. That way you will both have a 3.0 GPA and certainly that would be a fair and equal distribution of GPA.

The daughter, visibly shocked by her father's suggestion, angrily fired back, That's a crazy idea, how would that be fair! I've worked really hard for my grades! I've invested a lot of time, and a lot of hard work! Audrey has done next to nothing toward her degree. She played while I worked my tail off!

The father slowly smiled, winked and said gently, Welcome to the conservative side of the fence.

If anyone has a better explanation of the difference between conservative and liberal or progressive or neocon I'm all ears.

Tuesday, January 11, 2011

The 2011 Handbook

Health:

1.       Drink plenty of water.
2.       Eat breakfast like a king, lunch like a prince, and dinner like a beggar.
3.       Eat more foods that grow on trees and plants, and eat less food that is manufactured in plants.
4.       Live with the 3 E's -- Energy, Enthusiasm and Empathy
5.       Make time to pray.
6.       Play more games.
7.       Read more books than you did in 2010.
8.       Sit in silence for at least 10 minutes each day
9.       Sleep for 7 hours.
10.     Take a 30-minute walk daily. And while you walk, smile!

Personality:

11.    Don't compare your life to others. You have no idea what their journey is all about.
12.   Eliminate negative thoughts and things you cannot control. Instead, invest your energy in the positive and in the present moment.
13.    Don't overdo. Know your limits.
14.    Don't take yourself so seriously. No one else does.
15.    Don't waste your precious energy on gossip.
16.    Dream more while you are awake!
17.    Envy is a waste of time. You already have all you need.
18.    Forget issues of the past. Don't remind your partner of his/her mistakes of the past. That will ruin your present happiness.
19.    Life is too short to waste time hating anyone. Don't hate others.
20.    Make peace with your past so it won't spoil the present.
21.    No one is in charge of your happiness except you.
22.    Realize that life is a school, and you are here to learn. Problems are part of the curriculum; they appear and fade away but the lessons you learn last a lifetime.
23.    Smile and laugh more.
24.    You don't have to win every argument. Agree to disagree.

Society:

25.    Call your family often.
26.    Each day do something good for others.
27.    Forgive everyone for everything.
28.    For a learning experience, spend some time with people over the age of 70 & under the age of  8.
29.    Try to make at least three people smile each day.
30.    What other people think of you is none of your business.
31.    Your job won't take care of you when you are sick. Your friends will. Stay in touch.

Life:

32.    Do the right thing!
33.    Get rid of anything that isn't useful, beautiful, or joyful.
34.    GOD heals everything.
35.    However good or bad a situation is, it will change.
36.    No matter how you feel, get up, dress up, and show up.
37.    The best is yet to come.
38.    When you awake alive in the morning, thank GOD for it.
39.    BE HAPPY EACH DAY!

Last but not the least:

40.    Consider passing this on.

The Difference Between Jews and Muslims

The Global Islamic population is approximately 1,200,000,000; that is ONE BILLION TWO HUNDRED MILLION or 20% of the worlds population.

They have received the following Nobel Prizes:

Literature:

1988 - Najib Mahfooz 

Peace:

1978 - Mohamed Anwar El-Sadat
1990 - Elias James Corey
1994 - Yaser Arafat
1999 - Ahmed Zewai

Economics:

(zero)

Physics:

(zero)

Medicine:

1960 - Peter Brian Medawar
1998 - Ferid Mourad

TOTAL: 7 (SEVEN)

********************************

The Global Jewish population is approximately 14,000,000; that is FOURTEEN MILLION or about 0.02% of the worlds population. They have received the following Nobel Prizes:

Literature:

1910 - Paul Heyse
1927 - Henri Bergson
1958 - Boris Pasternak
1966 - Shmuel Yosef Agnon
1966 - Nelly Sachs
1976 - Saul Bellow
1978 - Isaac Bashevis Singer
1981 - Elias Canetti
1987 - Joseph Brodsky
1991- Nadine Gordimer World

Peace:

1911- Alfred Fried
1911 - Tobias Michael Carel Asser
1968 - Rene Cassin
1973 - Henry Kissinger
1978 - Menachem Begin
1986 - Elie Wiesel
1994 - Shimon Peres
1994 - Yitzhak Rabin

Physics:

1905 - Adolph Von Baeyer
1906 - Henri Moissan
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1910  - Otto Wallach
1915  - Richard Willstaetter
1918 - Fritz Haber
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1943 - George Charles de Hevesy
1944 - Isidor Issac Rabi
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1961 - Melvin Calvin
1962 - Lev Davidovich Landau
1962 - Max Ferdinand Perutz
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - William Howard Stein
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976  - Burton Richter
1977 - Ilya Prigogine
1978 - Arno Allan Penzias
1978 - Peter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Roald Hoffmann
1982 - Aaron Klug
1985 - Albert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1989 - Sidney Altman
1990 - Jerome Friedman
1992 - Rudolph Marcus
1995 - Martin Perl
2000 - Alan J. Heeger

Economics:

1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Robert Fogel

Medicine:

1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herbert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Roselyn Sussman Yalow
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1995 - Edward B. Lewis
1996 - Lu Rose Iacovino

TOTAL:   129!

***********************

The Jews are NOT promoting brain washing children in military training camps, teaching them how to blow themselves up and cause maximum deaths of Jews and other non Muslims. The Jews don't hijack planes, nor kill athletes at the Olympics, or blow themselves up in German restaurants. There is NOT one single Jew who has destroyed a church. There is NOT a single Jew who protests by killing people. The Jews don't traffic slaves, nor have leaders calling for Jihad and death to all the Infidels.

Perhaps the worlds Muslims should consider investing more in standard education and less in blaming the Jews for all their problems.

Muslims must ask what can they do for humankind before they demand that humankind respects them.

Regardless of your feelings about the crisis between Israel and the Palestinians and Arab neighbors, even if you believe there is more culpability on Israel's part, the following two sentences really say it all:

"If the Arabs put down their weapons today, there would be no more violence. If the Jews put down their weapons today, there would be no more Israel." - Benjamin Netanyahu

General Eisenhower Warned Us:

It is a matter of history that when the Supreme Commander of the Allied Forces, General Dwight Eisenhower, found the victims of the death camps, he ordered all possible photographs to be taken, and for the German people from surrounding villages to be ushered through the camps and even made to bury the dead.

He did this because he said in words to this effect:

Get it all on record now - get the films - get the witnesses - because somewhere down the road of history some bastard will get up and say that this never happened.

Recently, the UK debated whether to remove The Holocaust from its school curriculum because it offends the Muslim population which claims it never occurred. It is not removed as yet. However, this is a frightening portent of the fear that is gripping the world and how easily each country is giving in to it.

It is now more than 60 years after the Second World War in Europe ended. This post is in memory of the 6 million Jews, 20 million Russians, 10 million Christians, and 1,900 Catholic priests who were murdered, raped, burned, starved, beaten, experimented on and humiliated while the German people looked the other way.

Now, more than ever, with Iran, among others, claiming the Holocaust to be a myth, it is imperative to make sure the world never forgets.

How many years will it be before the attack on the World Trade Center NEVER HAPPENED because it offends some Muslim in the United States?

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." - Winston Churchill

Monday, January 10, 2011

... world without end, amen. (Not hardly)

The History Channel aired a two-hour program on Jan. 6, 2011.  Find out more here.

Should Hate Speech Be Constitutionally-Protected Speech?

News sources such as Bob Scheiffer on CBS News Face The Nation this past Sunday morning offered the possibility that the propensity for hate speech in politics may have contributed to the tragedy in Tucson.  If this is true, should those who make hate speech be held criminally liable for their words if it can be shown their words directly helped incite someone to follow through with lethal action?

Let's suppose for the sake of discussion that Jared Loughner, being internet savvy, was a regular participant in online chats.  Let's then suppose he read a hate-filled post saying Giffords was a lukewarm Democrat because of her views on gun control and should be "taken out."  Should the person making such a post then become criminally liable along with the shooter?

This tragedy should tell us that "words have consequences" and we should make every effort to guard our speech eliminating hate from it.  Or we may find ourselves facing criminal charges.

Saturday, January 8, 2011

This Is Why There Are No Jobs in America

By Porter Stansberry

November 18, 2010



I'd like to make you a business offer. Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment...

Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in - as long as it's legal.

But I can't give you any capital - you have to come up with that on your own. I won't give you any labor - that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair: to tell you what to do.

Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.

You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about whom you can employ, when, where, and how. Come on, you're my partner. It's only "fair."

Now ... after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out - to finally live the good life. Whether or not this is "fair" - some people never can afford to retire - is a different argument.

As your partner, I'm happy for you to sell whenever you'd like ... because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time. I know ... I know ... you put up all the original capital. You took all the risks. You put in all of the labor. That's all true.

But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.

Oh ... and one more thing ...

Even after you've sold the business and paid all of my fees ... I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth. After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.

All in all, if you're a very successful entrepreneur ... if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public ... you'll end up paying me more than 75% of your income over your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with me ... but it doesn't really matter how you feel about it because if you ever try to stiff me - or cheat me on any of my fees or rules - I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.

That's how civil society is supposed to work, right? This is America, isn't it?

That's the offer America gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs.

Thursday, January 6, 2011

You are probably a Republican ...

1. If you let your 14-year-old daughter smoke at the dinner table in front of her kids ... you are probably a Republican.
 
2. If the Blue Book value of your truck goes up and down depending on how much gas is in it ... you are probably a Republican.
 
3. If you've been married three times and still have the same in-laws ... you are probably a Republican.
 
4. If you think a woman who is out of your league bowls on a different night ... you are probably a Republican.
 
5. If you wonder how service stations keep their rest-rooms so clean ... you are probably a Republican.
 
6. If someone in your family died right after saying, 'Hey, guys, watch this.' ... you are probably a Republican.
 
7. If you think Dom Perignon is a Mafia leader ... you are probably a Republican.
 
8. If your wife's hairdo was once ruined by a ceiling fan ... you are probably a Republican.
 
9. If your junior prom offered day care ... you are probably a Republican.
 
10. If you think the last words of the Star-Spangled Banner are 'Gentlemen, start your engines' ... you are probably a Republican.
 
11. If you lit a match in the bathroom and your house exploded right off its wheels ... you are probably a Republican.
 
12. If the Halloween pumpkin on your porch has more teeth than your spouse ... you are probably a Republican.
 
13. If you have to go outside to get something from the fridge ... you are probably a Republican.
 
14. If one of your kids was born on a pool table ... you are probably a Republican.
 
15. If you need one more hole punched in your card to get a freebie at the House of Tattoos ... you are probably a Republican.
 
16. If you can't get married to your sweetheart because there's a law against it ... you are probably a Republican.
 
17. If you think loading the dishwasher means getting your wife drunk ... you are probably a Republican.

Monday, January 3, 2011

2010 football scouting report

It has finally arrived...the 2010 football scouting report.  The following is currently making the rounds of Division 1 football coaches:

Wayfron P. Jackson:
6' 6", 215 lbs. Wide Receiver.  Hottest prospect from Texas in the last ten years.
Loves rap music. Will demand a mini-cassette in his helmet.  Currently holds world record for the most "you knows" during an interview (62 in one minute).  Wayfron can print his complete name.  Signed with  Tennessee .

Quinticious Jenkins:
6' 3", 220 lbs. Running Back. Set state scoring record out of Triton High School , Dunn , N.C.
Also led the state in burglaries, but has only 9 convictions. He has been clocked at 4.2 seconds in the 40 yard dash with a 19" TV under each arm.  Signed with  Auburn .

Roosevelt "Dude" Dansell:
6' 1", 195 lbs. Running Back. From Tyler , Texas .  Has processed hair and imitates Billy Dee Williams very well.
Before he signed his letter of intent, he wanted the school to change colors to chartreuse and pink. Listed his church preference as "red brick."  Signed with the University of Houston .

Woodrow Lee Washington:
6' 8", 310 lbs. Tackle.  From a 4th generation welfare family.  At 19 he's the oldest of 21 children.
Mother claims Woodrow and child No. 9 have same father.  He has a manslaughter trial pending, but feels he will be found innocent because:  "The dude said somethin' bad 'bout my Momma."  On his entrance form, he listed his I.Q. as 20/20.  Signed with the University of Oklahoma .

Willie "Night Train" Smith:
6'4", 225 lbs. Quarterback.  Born on an Amtrak train.  Birth certificate indicates he is 27 years old.
Thinks the "N" on Nebraska 's helmets stands for "Nowledge," but still meets this school's stringent entrance requirements.  Insists on wearing No. 32 jersey since it matches his score on his SAT's.  Signed with the University  of Alabama .

Tyrone "Python" Peoples:
6'10", 228 lbs. Wide Receiver. Has a pending paternity suit and two rape trials, but hopes none of his other 9 victims will file charges.
Tyrone had already signed letters of intent with six other colleges, but was also willing to sign with us.  Likes wild women and red Cadillac's.  Thinks Taco Bell is the Mexican Telephone Company.  Signed with University of Miami .

Abdul Hasheen Abba Ali:
6'10", 305 lbs. Guard. Played high school ball under the name Sylvester Lee Jones until he discovered religion.
Abdul thinks Sherlock Holmes is a housing project in Jacksonville .  Doesn't know the meaning of the word "fear."  (Doesn't know the meaning of many other words, either.)
Signed with the University of Florida .

Note: College track coaches intend to use several of the above signees in their track programs. However, instead of using a starting gun at track meets, the NCAA has now agreed to use a burglar alarm.