A Festivus Miracle!

Festivus_PoleIn a Festivus Miracle!, I remembered that today is Festivus!

(And thus allowing a hook on which to hang this post…)

We celebrate with the photo of the sturdy Festivus pole (very high strength-to-weight ratio).

 

The Airing of the Grievances!

We will begin with one that just came through last night.

Chip Maxwell sent out his Christmas cards. Very nice card. Nice shot of the family.

Paid for by his campaign…
With…THE UNION BUG!

Chip Maxwell Christmas 2015_Union Bug01
Don’t know what that is?
It is the annoying little logo that ruins every piece of graphic art where it is uselessly added.

And unless you know what it is, it is worthless. “Oh look! Chip lists GCIU 1033-M. He’s supporting the droid from the new Star Wars movie!” 

Here’s the thing: This is usually a Democrat tactic. “Oooh look, Union Strongmen! I support you! I support you! Now YOU support ME!” There is no other reason to wink at the Unions like this.

So really the question to this Republican is, Why?
And the follow-up is, Knock it off.

(Oh, and THANK YOU Chip, for sticking that “Look for Union Label” song from the 70s in my head…)

 

You may now add

I am going to leave the option add to this list of grievances throughout the day — as one of my grievances is thinking of a good one, right after I publish.

But this is YOUR opportunity to add YOUR grievance as well. (Let’s try to keep them Nebraska and/or political in nature…)

AND, the best grievances will be reposted from the Comments section to this updated post.

(If, for some reason you don’t like posting in the Comments section, feel free to email me (leavenworthst at gmail dot com), message me on the Twitter or message or post to the Leavenworth St. page on The Facebook.)

Done.

And now…

 

The Feats of Strength

Screen Shot 2015-12-23 at 10.06.27 AMOne feat on here.

The service of Technical Sergeant Joseph Lemm of Beemer, Nebraska by way of New York City.

As you’ve read, Lemm was a Detective in the New York City Police Department, and a technical sergeant in the security forces of the New York Air National Guard serving in Afghanistan.

He was from Beemer and a big Husker football fan. Like any good Nebraskan, he never left his roots, and let everyone around him in NYC know that he was from Nebraska. The strapping guy’s nickname on the NYPD was “Superman”.

He worked Ground Zero immediately after the attacks on 9/11 and came back to the small towns of Nebraska where he grew up to tell his stories.

He was killed serving his country in Afghanistan, along with 5 other servicemen and women.

Friends of the Lemm family have opened an account, “Joe Lemm Family Fund,” at First Community Bank. Donations are being accepted at bank locations in Beemer, Bancroft and Homer or can be mailed to the bank at P.O. Box 100, Beemer, NE 68716.

 

 

76 comments

  1. Chip Maxwell says:

    Happy Festivus to you as well! Glad you appreciated the Christmas card and hope it hangs on your fridge through next November! I accept the grievance of the song being stuck in your brain but using a private sector unionized printer when the job is fantastically priced seems like the conservative thing to do. 🙂

  2. Sparkles says:

    Prefaced with.. I’ve never belonged to a union.

    “Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
    – Abraham Lincoln

    “Only a handful of reactionaries harbor the ugly thought of breaking unions and depriving working men and women of the right to join the union of their choice. I have no use for those — regardless of their political party — who hold some vain and foolish dream of spinning the clock back to days when organized labor was huddled, almost as a hapless mass.”
    – Dwight D. Eisenhower

    “It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize.”
    – Theodore Roosevelt

    “In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.”
    – Fran Lebowitz

    “If a free society cannot help the many who are poor, it cannot save the few who are rich.”
    – John F. Kennedy

    • bynd says:

      Liberals believe that the Constitution is a living document that can be changed to more aptly reflect the times. Just as your quotes are from a time gone by, so have the use for unions that would not change to keep up with the times. They signed their own death warrants. Really bad examples Sparkles.

      • repenting lawyer says:

        Bynd, The idea that the Constitution would be an adaptive document was Madison’s. The phrase “living Constitution” we owe to Dean Pound of NE and Harvard. Neither was a modern liberal. Pound was no particular friend of Unions. Would not have thought the Senate’s role as defender of the States passing to SCOTUS with direct election shows not a dead constitution but an adaptive theory at work based on ideas about the nature of federalism caused by the modern Conservative ideas about the shrinking of States by Federal Government. Commerce Clause part ofACA case reflect that theory. Noonan, a very conservative 9th Cir. Judge wrote a very good book critical of theory and suggesting it was the Union being shrunk

      • repenting lawyer says:

        Bynd,, Who I am is no great secret given the number of clues. Sweeper calls me Prof, and he went to CU Law, so I must have taught there. I am retired after 42 years. From conversation with BlueJay, I have said that I went to Prep, CU, and CU Law, which also says I am a male and live in Omaha. I have also said I taught Lee Terry and Brad Ashford. Will Shorts would not have given that many clues.

      • bynd says:

        RL.

        I see the majority who have put their hat in the ring for the Nebraska Spreme Court are CU grads. Only lawyer I know well enough to drop his name is Bob O’Connor. No offense but I really try to avoid you folks.

      • repenting lawyer says:

        Bynd, Taught Bob and did appeals for his dad. I married a lawyer, have a daughter and son who are lawyers, a brother and three sisters, a nephew and niece who are lawyers and also a couple of cousins. My dad was also a lawyer. I also try to avoid lawyers but am not good at it.

    • The Grundle King says:

      Sparkles…your inclusion of the Eisenhower quote was particularly humorous, seeing as the hullaballoo in Wisconsin was based on the ability of employees to choose, or NOT choose, to join a union. It’s funny because you reference a quote about working men and women having the choice to join a union, when the truth is that you and the rest of your pro-union cronies would rather take choice out of the equation, and simply mandate it.

      • repenting lawyer says:

        Bynd, If you seriously think Dave Beck or Jimmy Hoffa have much to do with current pension problems a little proof would be nice. Given the right wing successors of Myer Lanky in Vegas it seems doubtful.

      • bynd says:

        RL

        After being one who helped resurrect the controllers Union after Regan fired them all, there is no doubt in my mind that there are millions spent by unions that do not serve the membership. Legal yes, moral no. Corrupt, absolutely. They are no better than business, government or churches. They are basically all run the same.

      • repenting lawyer says:

        Bynd, Issue of public employee unions is rather different from more traditional unions and their decline. I think AFSCME is now largest union and teacher unions are huge. The oldCIO unions spent on politics but not any corruption charges. Temos and Bakery and Confectionary Workers were the scandals McClellan investigated. But I think that is ancient history.
        As a sidebar a recent NPR story on Cuban claims noted Lansky’s grandchildren are trying to collect for Casino. Theory must be grandpa bribed Batista fair and square, even financed a military coup.

  3. Anonymous says:

    Sweeper, thank you for keeping things in perspective ala the loss of a Nebraskan in Afghanistan to Muslims who are simply following their instruction manual to the letter. Muslims here and abroad worship (close enough) a desert generalissimo-cum-poet who slaughtered people with his own sword and all Muslim’s today purport a “faith” full of politic-religious intolerances and secular bigotries and violence that is patently Un-American. Yet this same is being irrationally being championed by the USA’s own GOP hierarchy in its frantic efforts to somehow stop Trump.

    Democrat party bosses have eyeless sockets. Republican party bosses refuse to open their eyes to see.

    GOP bosses, pundits, Fox Network, are deeply invested in losing elections, with their constant drumbeat mantra to average Americans not to make America better but to simply have America-not-run-by-Democrats. This is why Trump is doing so well. Trump is out Reaganing Reagan. Reagan led the GOP’s political class by the nose. Trump is dragging it by its hair.

      • repenting lawyer says:

        Bynd, these repeal petitions always work, have for years. Suspect they would work other places. Sad.

    • Sparkles says:

      September PPP poll (study found PPP the most accurate pollster in 2012 election):

      – 66% of Trump’s supporters believe that Obama is a Muslim
      – 61% think Obama was not born in the United States

      It is impossible not to extrapolate from these findings that the majority of Trump supporters are bats#*% f%&^ing crazy.

      But once you’ve reached that logical conclusion, what do you make of these numbers re the more general field of self-identifying Republicans –
      54% are convinced he’s a Muslim, 32% are unsure of his faith. Only 14% believe his is as professed, a Christian.
      44% of self-identified Republicans continue to believe Obama was not born in the U.S. and 26% remain unsure of the origin of his birth.

      • bynd says:

        Sparkles,
        WC. Liberal Yalie Dems belief we should get rid of the 1st amendment. All partisan zealots are bat sh.t crazy. Look no further than our political system. You, them, you are only different by degrees. Very few degrees by the way.

      • bynd says:

        A fake petition to repel the 1st amendment was taken to Yale to get signatures. True statement of what it meant was presented to students. In a short amount of time, 60 had signed. Numerous cudos for the petition. No negative reaction until separate interviews later. They went to talk to the brightess of the brightess. Your judgement on whether or not they were.

  4. Sparkles says:

    The incompetence of Pete Ricketts borders on incompehensible.

    Dec 22, Seattle Times –
    “‘Totally unacceptable’: State knew thousands of inmates released in error”

    Today’s LJS –
    “When Nebraska’s new prisons director Scott Frakes came to Lincoln in February, he might have had some firsthand knowledge of the pitfalls of miscalculating prison sentences.

    A story in Tuesday’s Seattle Times provided an accounting of how 3,200 inmates in Washington’s prison system had been released early by mistake since 2002. Frakes was deputy director there before coming to Nebraska.”

    • bynd says:

      41 days early on average. Yet you complain there should be less of them in there. Which is it? Or are you to batsh.. crazy to take one stance and stick with it? Rickets fulfills your fantasies and still you aren’t happy. How sad:(

  5. Governor Flannigan says:

    Don’t worry Sparkles, I’M BACK!!! No more hiding in the shadows across the street from the Unicameral. I’ll be watching every move made in state government from the Governor’s office. If anybody gets out of line, they will pay!!! As Elton John once said ” The B@#$h is Back”!

  6. Sparkles says:

    There are 42 percent fewer teen births now than just seven years ago.
    An unprecedented decline, spanning all 50 states.
    Researchers credit utilization of better contraceptives such IUD’s and implants (into the arm), as well as better sex education among the factors leading to this precipitous decline. Specifically cited was a shift in 2010 to “evidence based” programs that had shown, in pilots, to change teens behavior.

    Conversely, Bristol Palin, has raked in nearly $1 million as the face of abstinence-only policies.
    She’s pregnant again, expecting her second out-of-wedlock child.

    • bynd says:

      Sparkles.

      Black babies born to single mothers have sored to 72%. Your joy would appear to make you a racist by your own standards.

      Bristol has a support system. So what is your point?

  7. Yargle Blargle says:

    Happy Holidays and Merry Christmas to all the paranoid lunatics who post on this site. You are always great for a laugh and I thank you.

    Please don’t hunt me down and shoot me. Thanking you in advance.

  8. Anonymous says:

    I belonged to two unions. AFLCIO and IBEW. Real toughies. I was forced to join and pay each to work. In return, stewards constantly told me to “slow down” because by trying to work faster and better so as to gain more perks and pay, I was told I made it hard for those with “longevity” to coast. I was there to keep slow old workers working slow for decades to their retirement. And twice, different stewards threatened to slit my tires if I didn’t join the union I was already paying dues to.

    Their bully tactics are not controllable by management, who paid me to work and I worked for them. But I also paid hefty dues to the union like a boss that didn’t pay me. We all answered to their strong arm tactics. They took money and gave us squat. When it comes time for lay offs, its the new hard workers trying to raise to management who are forced out and the lazy bastards with “longevity”, the old slow guys, who stay locked in. Its like working for two bosses, one pays you and they other is a mafia that muscles out his cut. The union does its best to ruin your real boss’ competitiveness. You can bet if a union steward in China or Russia says slow down, they put a bullet in the guy’s head. You’d know this had you been in a union.

  9. Anonymous says:

    Merry X-mas. Ka-ching. Ka-ching. Cash registers all across this land are ringing in holiday cheer. Ain’t it great being Christian in America?

  10. Anonymous says:

    Christmas. Peace on Earth. Jesus who encouraged people to die rather than harm others. Buddha trained to be a military man but turned to pacifism. Mohammad, abused orphan turned caravan robber, turned bloody General Mohammad, is a different story. And yet today on Christmas, President Bush agrees with Obama that Islam is “peace loving”.

    Most Nazi party members were “peace loving” too and hurt nobody. We have neo-Nazis today worshiping a German version of General Mohammad. We keep an eye on them. — I lived in the Middle East and Islam is a regular religion like the Nazi Party is a regular political party.

    More to the point, Americans voters strongly suspect the creation of the Islamic State is Bush’s and Obama’s fault. Voters know very little but they know the two guys who have been POTUS’ since 9-11.

    Voter may remember 911 came from Afghanistan, yet Bush responded by finishing what his daddy started in Iran, which destabilized the Middle East, then Bush stupidly tried to inject democracy (antithetical to Islam) the failure of which created a vacuum of strongman power that Islam requires; then eight years of Obama increased that vacuum until “Pop” up comes ISLAMIC STATE. One can make a good case for Bush and Obama being its abetting founding fathers.

    This should bump Trump toward 50%. But it may spell the end of the GOP.

    GOP leaders are presenting themselves as exact mirror-twins of Democratic Party leaders. Not, of course, on issues. But twins in that they put politically correct lying above discomforting truth. In truth, the Koran’s author was as “peaceful” as the author of Mein Kamph. But, then, to admit that is for Obama and Bush to admit they were wrong.

    • TexasAnnie says:

      I’m reading and watching events unfold in the Middle East right along and I don’t get this picture you project. And what’s more, I don’t find any parallel between the Bush/Obama administrations and Nazi Germany. You’re probably correct about Trump and the demise of the GOP.

    • Sparkles says:

      You state: “Voter may remember 911 came from Afghanistan”

      15 of the 19 terrorists who perpetrated September 11 attacks were citizens of Saudi Arabia.

      You also state: “Most Nazi party members were “peace loving” too and hurt nobody.

      Racism was/is, in fact, central to Nazism.

      September 20, 2001
      “I also want to speak tonight directly to Muslims throughout the world. We respect your faith. It’s practiced freely by many millions of Americans, and by millions more in countries that America counts as friends. Its teachings are good and peaceful, and those who commit evil in the name of Allah blaspheme the name of Allah. The terrorists are traitors to their own faith, trying, in effect, to hijack Islam itself. The enemy of America is not our many Muslim friends; it is not our many Arab friends. Our enemy is a radical network of terrorists, and every government that supports them.”
      – President George W Bush

    • Lil Mac says:

      Texas Annie, I reread it and 8:11 isn’t comparing the Bush/Obama administrations to Nazi Germany. 8:11 compares a Koran writing general to a Mein Kamph writing general. That point is valid.

      8:11 does suggest RNC and DNC leaders are both invested in political correctness, which of course spawns welfare mentality and the ignoring of real threats. When faced with Trump, the GOP without thinking jumps out of the PC closet. It is the “without thinking” part that is dangerous.

      Chairman Priebus and the GOP hierarchy condemned Trump for suggesting Muslims be temporarily restricted from entering the USA. Yet, FDR did that, even banning Shinto religion at one point. Truman did it with Communists (who follow their own faith of crushing democracy). And Jimmy Carter blanket restricted Muslim Iranians from entering the USA. This is existing US law. Condemning Trump for suggesting it makes the GOP appear stupid or crazy to voters. Indeed, Obama is today raiding a few illegals in a token round up. That wouldn’t be happening if Trump hadn’t made Illegal border invasion the top issue back in August. The GOP is in fact doubling down on its own PC illogicalities. And that in fact threatens the GOP’s existence.

      When the proverbial boy yelled “the Emperor is naked!” that Emperor was embarrassed. When Trump yells it, the GOP and Democratic royalty stand there with their wrinkly bums hanging out and deny it to every voter in America who are all watching from the balcony.

      Trump didn’t make these people idiots. They came that way.

      • TexasAnnie says:

        Are you suggesting, Lil Mac, that what FDR, Truman and Carter did, was proper? That their stance of bigotry should be repeated? And that Trump should be exalted?

  11. TexasAnnie says:

    Happy Holidays Everyone! Traveling, guests in, new tech devices to learn to use…
    That’s the Reason for the Season, bynd!!!

    • bynd says:

      I have a pusedo Texas couple staying in my basement even as we speak. He is from here, she is Texas through and through. They are moving here from Florida via Texas, for 30 years, to be close to his family and far from hers.

      You still make laugh. Thank you. Have you watched “Born this way”on tv yet. A show about downs young adult. Worth the watch.

  12. Vie says:

    The reason for the season is to applaud a carpenter who turned the other cheek when slapped. That is okay when you aren’t being slapped by bullets. Or, if like dopy Muslims, you believe in a bingo jackpot heavenly hereafter. There are useful bits of religion; humility, morals, comfort; but that is political correctness too.

    How infantile and greedy do you have to be to require more than your one life? Reincarnation? Heaven? Haven’t you been to a funeral? An autopsy? Life is an improbable blessing and you get one shot at it.

    My savior was born on September 17, 1787.

  13. Mark Andrews says:

    Trump’s choice of a vice-presidential running mate is his most important decision, don’t you think? Who’d be his Veep?

  14. Trumpeter says:

    I thought Trump might pick Fiorina before I learned she’d been fired from the only CEO job she ever held. She is a clod. Cruz seems to be stumping for that VP job. But, no matter. Because your premise is flawed.

    No President cares what happens after he is dead, except that he have a VP who nobody will say “Wow, that Biden guy turned out to be better, smarter, more talented than Obama” for example. They only care about their legacy. Inept VP’s serve that goal.

    Presidents are like prom queens who have an dull sidekick to make the queen look even better. And with the added bonus of nobody wants to shoot a bad POTUS if they get a worse one in the VP.

    Presidents don’t give a shit what happens after they are dead. Our problem is, too many of them don’t give a shit while they are in office as President.

    • Mark Andrews says:

      You have no idea what my premise is, so I’ll spell it out for you. I have no interest in violence myself and I don’t wish it on anyone. That said, I don’t expect a Trump administration to last very long, so, the choice of Vice President matters more than it might have before. If a Trump presidency, however brief, is unavoidable, who should succeed him, for America’s sake?

      • Sparkles says:

        Were Trump to win the GOP primary, he’ll never win the General.

        Having been a Republican most of my life I still have faith that a large enough contingent of thoughtful R’s remain who would reach over and pull the lever for HRC before they would willfully place the welfare of their children, grandchildren and our still great nation in the hands of an unprincipled, recalcitrant egomaniac.

      • Mark Andrews says:

        “unprincipled, recalcitrant egomaniac” is as true of HRC as it is of Trump. Voting against Trump is in no way a vote for Clinton. Truly there has never been as tepid and lack-luster a group of presidential candidates as the chuckleheads of ’16.

      • repenting lawyer says:

        Mark Andrews While HRC may have her warts, hostility to her smacks more of gynophobia than factual analysis. The humble do not run for POTUS and a certain flexibility is of the essence of politics. The question is not about trades made but if they are worth it.

  15. Anonymous says:

    Sparkles, if you were a Republican, FDR was a tap dancer.

    The only lever Republicans would pull for Hillary is the one locking her cell door.

  16. bynd says:

    Sparkles:

    Tough choice. Hillary has already proposed over 1 trillion in new spending. Putting your grand children’s and their children’s plus how many more generations future in a country owned by China with a debt that could not be feasibly repaid. One is no better than the other. They both screw you just in different ways. But you hang on to that partisian attitude because such attitudes have served this country so well up to now. Kinda of like holding a 500 lb weight while trying not to drown. None are so blind as zealot partisans. On either side.

    • TexasAnnie says:

      No bynd, Hillary would not be a tough choice given the choice of Trump. But perhaps the Green, Libertarian or Constitution parties will provide a viable choice (for once) and you won’t have to write-in ‘Rand Paul’ as I probably will…

      As an aside: We’ve had a growing national debt in this country since before I was born. Literally. It’s never been paid, no matter whether the R’s or the D’s are in control. It’s like war in the Middle East. It always has been and always will be, so far as we know. You and I can do little more than what we’re doing now, expressing our opinion with little affect! But it is my fervent belief that if Rand were elected President, both our national debt and our meddling in the Middle East would decline. But even Rand could not accomplish the economic revolution that we truly need.

      • bynd says:

        TA:

        The sorry state of our electoral system is summed up in your first line. One feels like they need to take a shower after voting. So I don’t. Compromising your values just to say you have participated is too great a price to pay. Especially since I truly believe as I say, one side is no better than the other. And all the sanctimonious crap about duty to vote etc. is just that, crap. The system is fixed and the two parties rule. You can’t change it or make it better. And I have no desire to be part of a system where rabid partisans like Sparkles and Ricky partake. But it is fun to be part of the banter. And to see those partisians accuse everyone of being this or that based on their tiny narrow little minds. After 4 decades of futile voting, I have better things to do.

      • bynd says:

        According to the Washington Post and others, Hillary,s new spending will add 1 trillion in new spending over the next ten years. With her promise that she will not raise taxes on those making less than 250000.00, current spending plus new spending makes it impossible for the top 3% to pay for all of it. In other words, she either spends less or raises taxes on those making less than 250000.00. She must be the female equivelanf of Trump, squared.

    • repenting lawyer says:

      Bynd, How much a trillion in new spending add to debt depends on tax rates and growth rates. Raise either and there might be no impact. Americans own most federal debt and it is denominated in dollars, which makes Chinese ownership nonsense. Remember debtors like inflation. As to children and grandchildren, what we leave them is the whole system, though it may come with debt. So what?

  17. bynd says:

    RL.

    Which is true of the Trump plan also. But you seemed to miss calling Sparkles on that point.

    46% of American debt is owned by foreign countries. China has the highest percentage. They are the scariest threat to the stock market. CNN. Their actions can raise the interest on Treasury bonds making them less affordable. There are a host of other adverse effects they can have. Sine their economy is not doing so well, they hav been selling off this debt and if they have to increase selling to save themselves, we will pay the price.

    So you are rich enough to not care about debt? I am not. Common sense, there is only so much oil in the world, there is only so much capacity for food. At what point do you worry about when we won’t have enough? Even the Us can carry only so much debt. As we have seen, both front runners would exasperate that situation. Your callousness toward your heirs is somewhat surprising. Even the Cathloic higher ups have found that resources are not inexhaustible. And that would be, technically, God’s resources which are infinite.

    It’s a lot more complicated than most want it to be. What happens in any part of the world can adversely affect any other part. We are not alone!

    It is all unsustainable and matters unless you have the attitude that by that time, you will be long gone.🙈

    • repenting lawyer says:

      Bynd, Nonsense, there is no evidence that our level of debt is unsustainable, particularly if growth is steady and taxes are restored to reasonable rates. The sky is not falling, you are panicking. My claimed indifference to my heirs, is really just a desire to protect them from the silly panic of old guys, who learned macroeconomics from matchbook covers. That resources are finite is hardly a surprising bit of news otherwise we would not need economics, but you seem to have stopped on page 1.

      • bynd says:

        RL:

        How about common sense? According to all the experts, the US will never default on its debt. Why? We just print more money. But there are consequences to that also. If it all was so easily solved by printing more money, why don’t we?

        Eventually, debt payment and entitlements will consume all of the budget. There are no facts or historical precedents to believe this will not happen. Indeed, the inability of the parties to get any of it under control tends to indicate we are and will keep going until it is unsustainable. Especially since both sides have no problem raising taxes. Which are rising faster than the economy is growing.

        And just what are taxes restored to reasonable rates defined as? And how do you believe that will get accomplished? I would beg to differ and say such a scenario is the real nonsense. Panic, there is no panic. Just a reasonable expectation that things can not change drastically enough to stop the train.

        In fact, from my point of view, I like inflation. Gives me raises on SS and my pension.

        By the way, when do you see the changes being made to make SS solvent forever ? Or do we just worry about ourselves? The millennials will have no choice and they will not be kind to us.

  18. repenting lawyer says:

    Bynd, the notion that SS is anywhere close to failure or that fixes are difficult is a myth. Medicare maybe a different story. Common sense is not common when it drifts from every day occurrence, its proper domain, to more complex matters. Commonsense NE has predicted economic disaster because of deficit for as long as I have followed politics, 1954. Give up on prophecy it is not your calling.

    • bynd says:

      RL:

      So we have matured to the point where the debt of our nation is not relevant. Is that sad or just the continuing fulfillment of another greater prophecy? Time honored values are now no longer relevant because we can print all the money we need to solve any problem?

      If the fix to SS is so simple, why has it not been implemented? Once again, values give way to political squabbles. What seems simple is not so much so.

      These are not my prophecies but those of a greater power. The details may be a little different but no doubt, everyone is looking for the one who will bail out the world and make everything just fine.

      These have now become the good old days. It is not a cycle but a continuation of a straight line. To not fear for your heirs seems to be like betting you can predict the weather.

      • repenting lawyer says:

        Bynd, I suppose you never went into debt, bought your house with cash. It was the amortized mortgage introduced by Federal Housing programs that created wide spread home ownership, and even in Ike’s day economy was driven by new car purchases which were financed. Irrelevance of debt at current levels is reality, shows no decline in values.
        The idea that printing money solves all problems is not espoused by anyone. What is true is that since our debt is denominated in $ there is a limit to what non American debt holders can do to us, since if pushed enough we can wipe at value of their debt while protecting ourselves. Obviously that would limit US access to foreign credit, so we do not do it because we are not pressed, and China does not press so we will not do it. Rather like MAD and nukes.
        I concede that our political system was designed for consensus and breaks down when compromise becomes a dirty word. The consensus historians understood the system even if they exaggerated the actual dominance of consensus. Which of our long lost values do you want back, religious bigotry or maybe lynching, or old age as a time of great deprivation coupled with Taft Republican condemnation of lazy old people? We do owe pensions to federal tax policy and the unions of which you disapprove.

  19. Grand slam says:

    With one word “schlong”, Trump chivvied Hillary into shouting her hypocrisy to voters and shifting from something bad yet powerful (Bengasi/Emails) to something worse, i.e. her total weakness as a cuckold wife of a POTUS impeached for whore-mongering, whom she didn’t divorce.

    Trump got her to call him “sexist”. Wow. In an instant he turned her into either a miserable victim or something akin to Bill’s pimp. This isn’t where the former Secretary of State wished to be. But she’s not the first to be trumped. Republicans should like seeing this. So too Obama voters and all who liked Bill as much as they loath Hillary.

    What a dopy woman. No wonder Obama beat her.

    She handed Donald the hook, i.e. her husband’s real sex scandals, and Trump baited it with a faux bit of sex to outrage her feminism. Then she rose like the rest of the fish to prove exactly how stupidly hypocritical she can be.

    Yea, sure, Trump is doing all this by sheer luck.

  20. bynd says:

    RL:

    Such passion. First of all there is a discussion in Forbes of why the debt will not bankrupt America. Why? We just print more American dollars which is the currency in which the debt is held. You need to broaden your reading list or just Google.

    China is currently dumping US debt to support their falling economy. Same article in Forbes. So it isn’t a matter of want, it is a matter of need. Your prognosis and theory of the future are not accurate enough to rely on as you have already been shown to be not right (PC for “wrong”😬)

    As to the good old days, Tom Becka use to love to use hyperbole when trying to discount a point he couldn’t refute. The point was, things will not get better so therefore, everyday that has passed becomes the good old days.

    Regardless of what historian do or do not know/believe about the system, this is now and as we have seen, the past has little to teach us about economics and what is going on today. We finally have a budget bill from “consensus”. The overall affect, spend even more money. Slight of hand voodoo accounting. No, the system is beyond dysfunctional, it is broke. I believe irretrievably so. If the political leadership belives that debt is no issue, then there will be no limit to debt until our debtors stop buying it. If the Dems have there way, even our rich will not be able to afford nor will they want to.

    I do not dislike unions. They served a purpose. They are now dinosaurs that hinder or negotiate for the “good old days”. Hell, I helped build one from scratch. And although they have taken steps towards the dark side (saw the movie last night) they are far from a typical old style dinosaur Union.

    And finally, Bernake et al from the Forbes article would beg to differ on how much, negatively, China can affect us. What did it take to completely remake ConAgra 7%? Or Cabelas, 11%. It takes a lot less than you imagine. I do not believe macro economics are your forte. It doesn’t take 51%. Or even 10% to wreak havoc.

    As to the mortgage scenario. It is a loan set up to be paid off. If I am smart, I don’t keep adding to it because I don’t have the ability to print money and stay out of jail. It has little to nothing in common with the national debt. Remember, the national debt is no problem so it doesn’t need to be paid off or even keep down. Your words? I would expect a better analogy from some one of your training and background😏

  21. repenting lawyer says:

    Bynd, You are rather unique in not adding to you mortgage which people do by trading up, though using house as credit card has seen its day. Can not transfer to a nation ideas about personal finance because nations do not die. I did not make it. I was merely indulging your love of pseudo common sense.
    Not quite sure how Cabelas or ConAgra fit into anything.I am confused are we worried about China owning debt or selling debt?
    Though I knew macro but who knows. Did mention advantage of debt in US currency, so I will pass on that, lost interest in Forbes when Malcom was wearing dresses.Keynes did say that if you owe your banker enough he is in your pocket
    What is a Becka?
    I do not regard recent budget as an example of consensus since it is undermined by no real compromise. Parties act like parliamentary parties without a parliament.

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