Sunday, December 6, 2009

A letter to the editor

I wrote a letter to the editor of our local left wing rag, after reading a leftist story about the poor Mexicans in the border towns along the Texas Mexico border who were being "terrorized" by Mexican drug gangs. The story tried to place the blame on Americans, because we buy their marijuana, and so we should be responsible for the problems it creates on the Mexican side of the border. I became so enraged that I couldn't write for several hours after. When I regained some of my sensibilities, I wrote the following missive:

Dear Editor,
After reading your article about the possibility of sending National Guard troops to the border, and the potential for "insulting" Mexico with this gesture, I am incensed. Mexico's failure to reign in drug lords, who are particularly brutal and extreme in their vengeance should not be our problem. We read stories in our media about the rapidly increasing murder rates and the brutal nature of the same. Exactly when did it become the responsibility of the United States to deal with these criminals?

Every time something is discussed which references the border or border security, Mexico/Mexicans cry xenophobia, or hate, or impaired relations in a bid to keep the porous border just the way it is.

We have attempted to build a wall, because Mexico has absolutely zero interest in keeping their disaffected citizens in country, and therefore unemployed and on the dole. It is to their benefit that they stream unimpeded across the border to the U.S., so they can work in the labor underground and send home remittances [over 50 billion in 2008] to support their families there.

Their largest oil field, the Cantarell field, is in serious and irreversible decline. This alone will account for a significant deficit this year, and increasing government deficits for years to come.

Mexico relies on their oil income to pay for massive social programs for the poor and education. Without the revenue from Cantarell, we may see double or triple the number of border jumpers in the near future.

Either we are a sovereign nation or we are not. It really is that simple. We have laws. Laws that are broken on a daily basis by those who choose to ignore them and cross the border illegally.

I say it is way past time to put a stop to not only illegal immigration, but the automatic citizenship for "anchor babies". If there is no hope for automatic citizenship, and the accompanying free medical care, WIC benefits and welfare, then there will be a reduced draw for Mexicans to come here illegally.

Shut the border down. I say send ten thousand troops to guard our border and step up deportation of lawless criminals who chose to break the law as their first act by crossing the border illegally.

Saturday, December 5, 2009

It's all over but the crying

Remember that dream you had as a kid, where you were falling…..but in slow motion? Remember feeling as if you had time to do something before you hit……but you keep falling anyway? That is exactly what I feel when I look at our current economic situation. We’re in a weird sort of dream state, making all kinds of rush decisions [Congress] about the financial health of our nation, but nothing is working, yet they keep on doing things expecting a different result. We are funding the death throes of our empire with the dreams of our grandchildren, yet the problems persist; even worsen.

There is talk of a jobs summit and the hope that the consumer can be put back to work. Industry giants and political insiders will gather at the White House to eat a five star lunch with the President, bloviate about his amazing insight and bask in the warm glow of his aura. They will make hollow promises they do not intend to keep, offering assurances of increased employment and rosy first quarter industry forecasts. In he end we will be exactly where we are now, trying to put a square peg into a round hole [only THIS time we will use a bigger hammer!].

The geniuses behind the wheel have apparently decided to inflate away our obligations to the world through unfettered use of the printing presses. Unfortunately, unless this money gets in the hands of the People, they can print all the money they want to and it will have absolutely zero effect on the dollar. The net effect of trillions of dollars being dumped into the banking system has been to jack up equity prices and artificially inflate stocks to unreal valuations, because the bankers would rather gamble in the market than loan money to small business. Companies are rolling over dead by the thousands as a result of the evaporation of credit and reduction in bank lending. This is exactly the opposite of what the government intended when they provided the life support the banking industry so desperately lobbied for so many months ago.

With two trillion dollars of short term debt to roll over in the coming year, and an additional trillion and a half of our deficit to fund, I wonder how the powers that be imagine they are going to get it done? China is an a damned-if-we-do and damned-if-we-don’t situation here, which may force them to choose between funding the U.S. so we keep importing their second rate merchandise, or risk an all out revolution at home by cutting off the purse strings and letting their trillion dollars of U.S. reserves to disintegrate. As it is, we are selling primarily short term debts abroad. To put some light on this [to the best of my limited ability to do so] we have been selling short maturity debt to foreign governments because they no longer have the faith that we will be able to pay off on a twenty year bond as promised. This means that every few months, we have to roll over huge amounts of debt, and that is on top of any new debt that needs to be sold to cover day to day operations. Remember the housing crisis? I sure do. Instead of recognizing that not everyone is capable of making a house payment every month, the federal government has decided to continue making loans to anyone with a heartbeat at ridiculous rates with only 3% down. This will end badly as well, as the economy falls further in to the abyss and millions upon millions more folks lose their jobs.

As the buyer of last resort, the federal government is doing little more than enabling people who should be renting to buy a house they cannot afford. By offering an 8 thousand dollar tax credit for first time buyers, they are stealing future demand to make the statistics look a little better this month, just like they did with cash-for-clunkers. Genius huh? By the way, these loan bundles used to be sold to overseas and domestic buyers with the tacit promise of government backing. Now, these GSE’s ARE owned by the government and continuing the reckless practices that got us here in the first place. The taxpayer is being handed the bill for every dollar lost on these “investments” without so much as a vote.

We will soon reach a tipping point in our country, one that promises to tear the very fabric of our nation and wipe out the middle class entirely. Those who survive will be witness to the devolution of the United States into a banana republic. The days of running to the seven-eleven to pick up another six pack and some beef jerky will be over. We will become a subsistence society, modeled after Central America in the sixties and seventies. Folks will have gardens and chicken coops in their yards instead of Donzi ski boats and Hummers. We will turn the power completely off at night because we can no longer afford the luxury of leaving a light on at night. Community services will be pared back to the absolute minimum, with the deepest cuts being made to social services, parks, public boat ramps and roadside grass cutting. Next will be the libraries and community centers, followed by road maintenance and street lights. These will become less important as fewer and fewer folks can actually afford to drive.

At the end of this slow motion collapse, I believe a ray of light exists. Not a searchlight mind you, but a ray of light. The possibility exists that Americans will finally step up to the plate and demand change at the ballot box, and not the type of change we got with the Anointed one. When we have endured enough pain, we will vote for people who promise to govern by and for the people. We will demand term limits to end the practice of lifetime tenure in the House and Senate. We will require that the People’s voices be heard and their business be done, instead of the perpetual election campaigning and entertaining of lobbyists that occurs now. I think the following changes would get us where we need to be:

1. Corporations are no longer to be considered “a person”.
2. Corporations may no longer donate money to any political party, or any group directly affiliated to political party [i.e. Acorn].
3. Lobbyists may not accept money. If you believe in what you are doing and want to effect change, do it because it is right, not because you are getting paid.
4. Lawyers may not participate in the lawmaking process on any level.
5. Term limits for Congress, two and you’re through.
6. All candidates for political office on any level must publish a copy of a certified birth certificate prior to running for office.
7. No candidate for Congress may accept donation from anyone outside the district for which they are running for office.
8. No candidate for office may spend an amount of their own money greater than thirty thousand dollars during any campaign for office.
9. Any remaining campaign funds after any election cycle must be sent to a charity organization within that candidate’s district.
10. Goldman Sachs, Bank of America, J.P. Morgan, Citi and HSBC are to be broken in to pieces and sold. No recognizable part shall remain intact.
11. Any Alumni from any of the above companies currently working for the government will be immediately replaced with individuals outside of the system.
12. Fannie Mae, Freddie Mac and Sallie Mae are to be broken in to pieces and sold off. No recognizable pieces shall remain. It is not the providence of the government to insure that people get a mortgage at 3%.
13. The United States is to return to a real money standard that includes gold, silver and copper.
14. Anyone who does not pay taxes cannot vote in any Federal, State or municipal election.
15. The practice of eminent domain shall be made illegal.
16. Marijuana is to be made legal. This will eliminate a third of our judicial and prison expenses.
17. Welfare as we know it si to be abolished. In it’s place we will have work-fare. Unless you are completely physically handicapped, there is no reason to give money to able bodied persons and expect nothing in return. In addition, anyone applying for public assistance is to be drug tested. My employees have to do it, so should welfare recipients.
18. Our imperial army is to be withdrawn from the four corners of the globe. The rest of the world will have to figure out how to secure their own borders. The returning soldiers will be re-deployed along our own borders.
19. All illegal aliens are to be found and deported.
20. Retroactive 10 years, all anchor babies born to illegal aliens are to have their citizenship rescinded and will be returned to their parents native countries.


I see that there is absolutely no hope to effect change within the current system of governance without the elimination of the practices that got us here. With a few changes, we could guarantee ourselves a brighter future for our children. It is a foregone conclusion that the U.S. is to default on her debts, so I hold no illusion of a balanced budget and sensible governing. The best that we can hope for is for a quick and dirty collapse and rapid systemic change to follow. With the changes I have outlined above, we can quickly regain our footing and most likely the respect of other nations. The U.S. is sick and needs time to get healthy again. If we continue with our excesses, we will deserve what we get.

I'm Back

I have been on a little sabbatical to take care of my daughter while my wife is recovering from double bacterial pneumonia. I'm sorry I have been gone so long, but we all have to do what we have to do.

Saturday, October 31, 2009

I won the job

Well it’s Saturday again, and I am in the office as usual [simulating work] preparing for what may prove to be another exasperating week here in Sunny Florida. I have been working very hard on a technical proposal for a request for proposal here in Central Florida, putting in 12 hour days to complete it in time for the bid opening at 2:00 p.m. the 29th. This bid was for a three year term contract to provide environmental remediation and demolition for a huge metropolitan area that had been awarded a Federal grant to abate nuisance and abandoned properties of asbestos and lead then demolish them. It was an aggravating project because I felt we were not going to win, and therefore all of this work was to be for naught, so my heart was not in it.

Many of the municipalities here require minority subcontractors to be included as part of any sub-contracting plan when writing specifications for larger projects, and inflict penalties on your firm if you do not. We were required to advertise to local “registered” women and minority business enterprises [W/MBE] for two weeks prior to the bid opening and solicit pricing for some portion of the work, in this case 25%. The problem with this program is that these minorities know the requirement is there and take advantage by charging substantially more for work that we can self perform for much less.

We got lucky this time, because the County used a sliding scale for participation. If we did our due diligence, and were the low bid for the project but did not have any responsive W/MBE bids, we had to be 2% lower than the next responsive bid who achieved minority participation on projects over $2,000,000. The trouble is that we have exclusive pricing agreements with several sub contractors and vendors to provide low pricing in exchange for our continued loyalty. This means that not only did I not advertise to, or solicit prices from W/MBE’s, I made no attempt to solicit pricing from them. Until recently, this would have been unacceptable. My how times have changed.

Faced with revenue shortages the likes of which caught every municipality in the State off guard, the rules are being slowly changed to reflect the real world as we live in it today. I wrote a letter to the County explaining our arrangement, and how I expected our bid to be the low price as a result of engaging in true competition rather than trying to subsidize one group over another. I went on to say that I thought the entire program to be a huge waste of resources during this time of limited cash flow and falling tax receipts. I explained in detail that if this contract was awarded to a company for a substantially higher price that the only thing they will have accomplished would be to have taken money out of the pockets of hard working citizens and placed it in the hands of a group of people who need [now more than ever] to learn how to compete in the real world, rather than line up at the government trough for more.

I closed the letter by saying “We can never achieve equality in a world where some people are made more equal than others by simple virtue of race or gender”.

We won the bid.

Wednesday, October 14, 2009

Wednesday Banking Rant

I just finished reading an article on the banking industry, and how much money they have put aside for retention bonuses and pay packages. Just when I thought I had seen and heard it all, they slap me upside the head with a newer and more ridiculous one.

Never mind that the American public are enraged about these “too big to fail” behemoths, and the absence of any real reform or prosecutions. Never mind that the Congress is in bed with these bastards and never mind that the average Joe and small business owner cannot get a loan. Let’s focus for a moment on the sheer size of this compensation. The Wall Street Journal and Bloomberg both posted articles stating that the “Big Five” were set to pay out record amounts of money, just a year after the near total collapse of our entire economy. These are by the way, the same blood sucking parasites that threatened the Congress through their sycophantic succubus Hank Paulson, with complete chaos and pandemonium if they did not get their bailout. If that isn’t bad enough, most of the people hired on to oversee the division of bank bailout money are Goldman Alums.

The article in Bloomberg can be quoted as saying that “ J.P. Morgan has set aside8.79 billion dollars for compensation and benefits……..enough to pay each employee [from janitor up to CEO $353,834”. Are you pissed yet?? The article goes on to say that “J.P. Morgan said today on it’s website that the amount per employee is less than the $386,429 that Goldman is setting aside for their employees”. Does that somehow justify the egregious sums being paid to the very people who were responsible in large part for the pre-packaged poison in the form of collateralized debt obligations and structured investment vehicles?

Am I alone here, or are there others out there who think it is time to take up some torches and pitchforks to run these fuckers out of town? Enough is enough people, we cannot stand idly by and watch these criminals take money from the government and profit off of the back of the American taxpayer. These bastards would have you believe that the fifty or so billion they got from TARP is the only money they owe the government [read: you and me]. The fact is that the Federal Government has taken hundreds and hundreds of billions of dollars in mortgage backed securities on her books and traded them [loaned] for treasuries that are as good as cash. That part of the equation is all too often left out of conversations.

The time has come to hold these pricks to account for their actions. The time has come to break up these institutions into little bitty pieces of their former selves. We need a breakup of the top 100 largest financial institutions, the top 100 insurance companies and the top 100 health insurers. There is absolutely no reason for the government to ignore the Sherman Anti Trust laws any further. When one banking giant can control over 17% of a nations savings, it is just to big to exist. In fact, it is my opinion that no one bank should be permitted to control more than one quarter of one percent of total deposits nationwide. This removes the possibility of any institution becoming a systemic risk, and protects the American public from the out and out predation that goes on at the mega-banks. They do it because they are so big they can lobby for laws to be written permitting them to get away with it. Remember the bankruptcy reform act? That little gem brought to us courtesy of the banking lobby.

Until we see something on the order of five or six thousand bankers sitting in the federal penitentiary, the American public has every right to continue to do everything in their power to fuck these guys over. Mortgage payment too high? Fuck them, just walk away. Credit cards a pain in the ass? Default on them. Until the People are treated to some trials and punishment of the guilty, it is my opinion that the rules are to be tossed out the window, and the banking industry can go pound sand.

Friday, October 9, 2009

Obama Wins Nobel Prize ?!?

I was saddened and dismayed this morning to learn that Barrack Hussein Obama had been awarded the once prestigious “Nobel Peace Prize”. Although it lost most of it’s luster when Jimmy Carter successfully lobbied [for 16 years] to get one, I could not help but ask this simple question; “Why”? Are there really no other candidates for what is supposed to be the single most prestigious prize for the pursuit of peace in the world? Do they sincerely believe that Obama is truly deserving of this recognition? What a farce.

The compliant government poodle press will have us believe he was awarded this prize for his stance on nuclear disarmament, his “Devotion to the Palestinian peace process” and the hope he brings to the world. Are these people serious?!? There are many other worthy candidates for this prize who have actually performed selflessly in the pursuit of peace and promotion of brotherhood all over the world, yet the Nobel committee decided to roll the dice and throw Obama a bone instead.

It absolutely infuriates me that this man is being fawned over like he is some kind of savior to the world, when he has accomplished exactly nothing in his entire career, to include his presidency. We have watched as his Democratic controlled Congress bickered over every single piece of legislation presented to them this session, and refused to reach across the aisle to republicans [in any real or meaningful way], bringing the peoples work to a crawl. These people cannot even agree amongst themselves, much less achieve a consensus on any of the important pieces of legislation currently before them for consideration.

Here is a man with close ties to radical people who are documented socialists, reformed communists and felons. He openly associates with domestic terrorists who have declared their intentions to destroy this Republic and does not apologize. Obama is a selfish narcissistic man who is dangerously power hungry. Every speech he gives is full of “I this” or “I that”, we never hear him say “We” or “Us” which tells me he has nothing true in his heart for the American People. He has appointed countless Czars to cabinet level positions, given them power to control everything from executive pay to what type of light bulbs we must use, and they are not accountable to the congress. This man is ruling by decree within the shadow government he is creating outside the bounds of both the Constitution and the Congress.

He promised to end the wars in Iraq and Afghanistan, close Guantanamo Bay and put an end to extraordinary rendition and torture. To date, I do not believe he has accomplished any of these goals. Many promises have been made yet the only one he has fulfilled is the one where he promised us multi trillion dollar deficits for years to come. His health care scam will punish every American through taxation and his Cap and Trade will destroy whatever is left of the capitalist system by taxing small business into non-existence.

In total, Obama is responsible for doing nothing more than reading very well written speeches off of a teleprompter. In my opinion, the only thing this qualifies him for is Game Show Host.