MAKERS VERSUS TAKERS

America was once a very entrepreneurial country.  It was made of of mostly people who made or built or discovered things and sold them.  These people were called makers.

To support these people governement provided needed services.  These were performed by takers, who took some money form the makers and provide services like teaching.  These were called public service.  While they didn’t pay as much as making products for sale, they were secure and paid a fair wage in exchange for not being subject to the vagaries of economics.

 Now “takers” began to argue that they should get the same pay as makers plus still be relieved of risk and enjoy even better benefits.  This group now forms such a large protion of the american electorate that the makers have to work for less to continue to support them. 

The result is America makes less and less of what the world buys, but takers continue to look forward to ever increasing benefits such as retirement.  It doesn’t really matter as the makers literally can’t pay for it any more.

 So what we see is a declining middle class, unsustainable debts being ranked up at all levels of public service, and a continuing trend by both parties to suppor tdeficit spending. 

It doesn’t really matter as it is ultimately unsustainable.  The longer you defer the pain associated with paying off a debt the greater it will be. 

Extending Unemployment Benefits to BOOST THE ECONOMY?

So Obama argues that he has economists on his side supporting extending unemployment benefits as one of the best wasy to boost the economy.

The argument goes, these people are most likely to spend the money putting stimulus into the economy.

IF that is the purpose I can deliver 10′s of thousands of people who will happily spend all the money we give them, and they are not in the class of people who have lost unemployment benefits, in fact many are self employed and never qualifed for such free money in the first place.

If the goal is to give people jobs, giving away money to spend is not the answer.

Why not give away “free” hot dog carts, or “free” pizza by the slice carts, or “free” burrito carts with premier locations.  The people who will take these are the people we want to help.

Want to create jobs?  Announce the government is purchasing 1 million hot dog carts and let American entrepreneurs bid on making them.  Sure McDonalds and Starbucks will scream, but it will rebuild the entrepreneurial spirit of America. 

STOP giving away money, let’s “give away” opportunity.!!!!

How to REVIVE Las Vegas

Las Vegas is clearly seeing the effects of the recession.  Deals are everywhere, but casinos are empty.  Gambling funds a significant part of the Nevada state budget, but the “drop” is down so revenues are down as well.

The major casinos have evolved their business such that dining, entertainment and hotel rooms represent more income than simply gambling.

So the question is how do we get visitors to come back.  The Asian market is increasingly service din MACAU and Malaysia.  Even Californians who are the most easily duped (just look at their government spending) go to Indian Casinos instead of making a 4 hour drive.

So again, how do we get the world to flock to vegas.?

 How about instead of taxes being based on the “drop”, why not base them on the “vig”  so casinos who run the least margin pay the least taxes.?  This woudl mean that if a casino ran absolutely fair games i.e. 50/50 chance of winning they would pay NO gambling taxes.  Initially people woudl say we need the revenue, but think it through.

Imagine Las Vegas, having by the far the highest gambling payout in the world.  People would literally flock here to get their piece of the pie.  Perfectly fair keno tickets woudl literally trump other state lottery programs, out hotels and restaurants would be full.

Instead of treating gambling as a vice to be taxed why not treat it as an attraction?

The price of Illicit Sex in America

Let me get this straight.  Tiger woods does absolutely horrible things and cheats on his wife with a dozen or more women.  The price?

$750 million and loss of a beautiful wife and children!

Goldman Sachs screws over 200 million Americans. The Price?

$550 million but earns $10 billion in appreciation of stock the next day.

 I have to admit I don’t get it…

 Let’s see how Mel Gibson does price wise for a dalliance with just one crazy russian woman..

GS Clobbers OBAMA AGAIN!

So today it was announced that GS settled with the government 1 (I trust there are many many more)of the potential lawsuits the government has against them.  Yes, this is the same Goldman Sachs who contributed more to this recession than FANNIE, FREDDIE and CRA combined.

So the headline number was $550 million.  I was truly shocked it was so low.  After all this same organization clipped TARP via AIG for $100 Billion instead of $50 billion.

 Sure enough GS stock immediately went up by nearly 10% or $10 billion dollars.  That means virtually everyone in the market was expecting a much higher settlement.  But noooooo, our brilliant government let them off the hook once again for pennies on the dollar.  Just like lobbying you get a 2000% return on your investment in a single day!  How come we can’t do that?

 Think about it, a test of a proper settlement is the stock doesn’t move that the correct amount has been priced in.  Instead, TEAM OBAMA capitulates to the detriment of the American Public.

 Does anyone doubt he will amass greater wealth after he leaves office than even bill Clinton’s $150 millon ?

This is getting downright disgusting……

The BP BLOWOUT is capped?

Now it seems to me the easiest way to revive the gulf is for BP to announce all their affiliate gas stations are givign away gas for the next six months if they are withing 50 milies of the shoreline of the Gulf coast. 

Think about it.  Everyone in the east and midwest will head down for free gas.  Hotels will be full, restaurants packed and the local economy will begin thriving again.  In the scheme of $20 Billion dollars it is the lowest cost program to rebuidl lthe economy and actually reduce the sustenance they will be forced to pay otherwise.

FREE GULF GAS FOR ALL AMERICANS. 

prooof of citizenship required?

GULF not GOLF

Enough said?