Random ramblings of a mind damaged by years of disuse and abuse. Also a place to go to be bored to tears.
The Random Comic Strip
Words to live by...
"How beautiful it is to do nothing, and to rest afterward."
(The right to looseness has been officially given)
"Everyone carries a part of society on his shoulders," wrote Ludwig von Mises, "no one is relieved of his share of responsibility by others. And no one can find a safe way for himself if society is sweeping towards destruction. Therefore everyone, in his own interest, must thrust himself vigorously into the intellectual battle."
By the way... there's a crossword at the bottom of this page
Saturday, December 1, 2012
Sometimes mistakes are made
There are a lot of talking heads pontificating about the "fiscal cliff." I don't think I need to explain that term to you, you are smart people. That doesn't mean you actually understand it, just that you have an idea of what it means. You are wrong, though. It means a lot more than simply huge across the board cuts. It will happen, by the way. No, not the way it is described in the media. Congress will not let it happen that way.
Instead, it will be both subtle and massive. Yes, that does sound like a contradiction but we are talking about government here, not reality.
Some people think Obama won't let us go over that metaphorical cliff, that he doesn't want to damage his presidential legacy. I chuckle about that. Why? Simple, I don't think these people have a clue about what Obama sees as his potential legacy. I am fairly sure his version of his legacy cannot be damaged in any way.
You see, we do not know what he feels would be his legacy. He may have hinted at it during his campaign in 2008 where he talked about wanting to "fundamentally change the country." He just didn't tell us what that change would be.
I think there is no stopping him now. Sure, Republicans have control of the House but that means next to nothing. There's a fair chance that Obama will get to appoint two members of the US Supreme Court. He will select two, reasonably young, candidates who will view issues as he would like them viewed. He likely feels that his party will retain control of the Senate in 2014.
Its going to be a bad 4 years for those of us who think less government is better than more. It's going to be a bad 4 years for the middle class who will struggle to pay the rising utility bills, the rising cost of food, and the rising cost of housing if you cannot buy. Rents will go up because of demand and because of taxes on those who own rental properties and because of the increases in the cost of energy and food.