Pure Detroit: A Liberal Legacy...

This is what 60 years of Liberal control looks like:




I lived in the metro Detroit area from Feb 2002 until Labour Day 2004 after I married my wife.  Economically, for us it was devastating. I spent 16 of those months out of work...having only been able to secure work when I first arrived.  My wife was working until her company was acquired by a guy who then sold off the various parts.  She was out of work for twelve months.  Eventually, we borrowed enough to move to the Baltimore, MD area, which was then booming.

In October of 2008, along with much of the country, Baltimore because a major recession area.  While the DC area has thrived, it has only done so for those who work for the government.  Pretty much the rest of the region is economically...still in a recession.  Spending is way down. In my industry (light manufacturing--cabinetry/carpentry) roughly 60-70% of the companies that were in existence in 2008 have gone under....mine has.

Detroit is symptomatic of what this country is heading toward within 20 years.  Congress, many states and municipalities have been spending money hand over fist.  Floating bond issues to pay for today, hoping that tomorrow will be more prosperous than today, and our kids can foot the bill for our profligate spending.

Here's to hoping...because today ain't so bright as yesterday...

UPDATE:  here's a link to a fantastic photo essay of what 59 years of progressive rule, in a one party town delivers...

Obama Lied Because Media Is In His Pocket

Charles Krauthammer says that Obama admin lied because the MSM is in his court...and will spin anything says or does.

He's right.  In the past 5 years, the liberally biased MSM has done it's very best to either spin positively, or ignore completely, any story that is inimical to the Obama administration.  This has hurt the country badly because we have a leader that doesn't have to face any difficult questions.  But moreover, because the media has refused to ask Mr. Obama any substantive policy questions, he has been able to ignore the nation's best interests...

“They had two reasons to lie,” Krauthammer said. “The first reason was the fact that the Sept. 11 attack occurred a week after they just spent four days in Charlotte dancing on the grave of bin Laden. Remember, this is their single foreign policy achievement. There is none other. Look at Iran Look at Russia. Look at Israel. Look at Syria. Look at the Arab spring. It’s all in collapse. They got one thing to argue, and they sure argued it, where they made the point again and again and again with that ridiculous slogan from Vice President [Biden], ‘bin laden dead, GM alive,’ because what Libya said, what it was proclaiming to the world and the reason the attack was launched in the first place was to say, ‘bin Laden dead, al-Qaida alive.’ That is what has happened as a result of leading from behind in Libya.”

Krauthammer said the problems stemming from the president’s foreign policy extend beyond Libya. “You’ve got, you know, al-Qaida has — essentially one of the jihadist factions taken over northern Mali,” Krauthammer said. “There are training camps throughout North Africa. And we now know about the rise of the strength of the jihadist in Syria, where Obama has again has been leading from behind.”

Currently, the only thing that he has been able to crow about it the elimination of Osama bin Laden...which would have been better served taking him alive.  Because of Obama's missteps in foriegn policy, Al Quieda is resurgent, not just in Afghanistan, but in Pakistan, Syria, Iraq, Yemen and Libya as well as making inroads into Mali.  That's a huge foriegn policy failure. 

When you tie that foreign policy failure to the disasterous domestic policies...this president is on road to unseat James Earl Carter as the 2nd worst president in our history.  Currently, in my opinion, James Buchanan holds that title as his policies directly led to the Civil  War.  The most distructive war in our history.

via Instapundit

Detroit, Celebrating 50 Years Of Democratic Rule

Steven Crowder helps Detroit celebrate 50 years of  Democratic Rule...



and...



and more...

(Social) Democrats On Record: We Want To Kill The Economy

With today's vote  to increase taxes across the board on small business, the (Social) Democratic Party is now on record as wanting to kill the economy to justify the state's take over of all economic activity. 

The Democrat-controlled Senate passed this by a 51-48 margin Wednesday, voting to raise marginal income-tax rates from 33% to 36% for individuals making more than $200,000 and from 35% to 39.6% for couples making

On top of that body blow to the economy, which the House is sure to block, the Senate Democrats' vote would also increase the top tax rate on capital gains and dividends from 15% to 20% — which, as Forbes' Donald Marron recently noted, will actually reach 25% in 2013 thanks to ObamaCare and the reinstatement of the "Pease provision" that limits deductions.

There can now be no pretense of distance between Senate Democrats and Obama; this was his tax policy being voted on, with Vice President Joseph Biden himself presiding to break any possible tie. Every Democratic senator except the retiring Jim Webb and retiring "independent Democrat" Joe Lieberman voted for it, apparently to avoid embarrassing the president.more than $250,000, some 2.5 million households.

If this (on the very slim chance) makes it though the House of Representatives, this will have the unfortunate effect of forcing an already slowing economy back into recession, just as FDR's Keynesian economic policies of 1934-5 pitched the then recovering national economic outlook back into a more severe recession in 1937.

Outside the Currie report, another factor involved was the uncertainty the business community felt concerning New Deal policy. The combination of repeated budget deficits, increasing regulatory obstacles, higher labor costs due to the Wagner Act, and the threat of higher taxes contributed to the reduction of business and investor confidence. New investment had dropped, causing FDR to speculate that there was a "capital strike" designed to oust him from office.

This "capital strike" was caused by the terrifying effect that the New Deal's random targeting of business had on the general economy, according to 1940 Republican presidential candidate Wendell Wilkie. If investors thought the government would take over a certain industry, they would withhold their money from that industry.

The targeting of business and corporations was very evident in the new undistributed profits tax. Companies had cut their dividend distributions in the face of lower earnings, reducing the revenue the federal government received from dividend taxes. Therefore, a tax bill was passed to get at those undistributed funds. According to the August 1937 New York Times article, "Levy on Profits Halts Expansion," the undistributed profits tax decreased companies' financial reserves, which prevented them from retaining their employees and investing in new equipment.

If you see parallels to what is happening today, you'd be correct.  Today, businesses all over the country have refrained from spending money, have hesitated from hiring new employees, and have kept production down because they are uncertain of what will happen.  Recent economic forcasts have shown with enemic 1.9% growth for the 2nd Qtr 2012, will probably be corrected down from that dismal number as new unemployment figures have risen for the 3rd month in a row.
In this sort of economic climate, with a Federal government that has implemented choking regulatory standards, its no wonder that business have  so far refused to increase either spending or production.  There is far too much uncertainly during an election year for any business to being betting on an economic recovery.

WIth this in mind, any GOP/Libertarian candidate for the US Senate would be wise to hammer their opponent for voting to raise taxes.  They would also be smart to use this video as well:



And she idiotically doubles down on her statement:



Then they would hit them with this video from the Romney Campaign:


Now, this is the policy of the (Social) Democratic Party...tax business into the ground!