Time for a Walk on the Supply Side

The Japanese experience of losing a decade or two with massive deficits failing to boost demand now has been repeated across the developed world, including here in the US. Given these uniformly poor results, isn't it time to reevaluate Keynsian Economics? Keynes' theories were always counter intuitive to me anyway. How could taking resources out of a relatively efficient private sector and moving them to a relatively inefficient public sector make everybody better off? Now that we have done the experiment over and over with disastrous results, it's time to take notice that Reagan's Supply Side Economics seemed to work a lot better than anything we've tried lately. If government deficit spending was the key to prosperity, Greece would be a world leading economy. It appears instead that government deficits are the road to ruin and we should change our ways. This means we should throw Keynes' Theories into the historical interest section and remove them from the practical guide for policy role.

Eric Holder, Democrat's Stay out of Jail Card

Liberals like to brag that there have been no convictions in any of the Obama Administration scandals.  The reason that there have been no convictions, or even indictments, is that Eric Holder's Justice Department will not prosecute Democrats in government or out. An honest Attorney General would have charged Lois Lerner and numerous other folks at the IRS for Obstruction of Justice. There is no way any email system did not have copies of Lois Lerner's emails in numerous places. If they are gone, it took deliberate action. What the IRS did is so obvious that there's a joke circulating on the internet about it. "The leading cause of computer disk crashes is subpoenas." At the start of his tenure, Holder dropped the charges against black panthers who had already agreed to plead guilty to voter intimidation. Since the black panthers had been threatening white voters and the panthers were "his people," it was OK with Holder. When Jon Corzine spent customer money to pay corporate debts as CEO of MF Global, it violated Sarbanes Oxley, numerous SEC laws and regulations and happens to be the biggest no-no in running a brokerage firm. Corzine's status as a major fund raiser for the Chicago Machine Prodigy in Chief gave him immunity. The abuse of prosecutorial discretion is on a monumental scale. It makes the Watergate cover up look small by comparison. Under our Dear Leader's Administration, laws don't apply to Democrats.

California Regulates College Hookups With New Law

California governor Jerry Brown, in answer to the alleged “rape epidemic” on campuses recently signed the new “affirmative consent” law. It will require a verbal “yes” at every stage of amorous activity on college campuses.  I have a few legal questions. Can this requirement be waived if the participants sign a pre-coital contract? Is sex sufficient consideration for the contract to be valid under California law, or must other consideration be exchanged? If other consideration is exchanged, does the contract become illegal solicitation? Should I consult my legal team before my grandson goes on dates in California? Does the law apply to same sex couples? If the law does not apply to same sex couples, can college students sue the State of California under the Equal Protection clause to get the law ruled unconstitutional? Is being expelled for failure to stop on command cruel and unusual punishment? Is stopping on command torture under international law? I have a few more, but you get the general idea. 

At this point, another commenter suggested that the written contract possibly could be invalidated at any time by an audible “no” for either of the involved parties. This surprised me.  I assumed, perhaps in error, that a written contract would be enforced. However, perhaps there is a penumbra in a written contract that allows retraction on demand. This would be a good point to bring up with my legal team in a pre-dating consultation with my grandson.

Here's a link to the article I reacted to:

http://www.nationalreview.com/article/389798/left-storms-californias-bedrooms-jonah-goldberg

Why Democrat's Election Wipeout? Lies

"If you like your plan, you can keep your plan, period." That sentence was perhaps the biggest Presidential lie since the end of the Vietnam War, which our Dear Leader told knowingly and repeatedly like a mantra. The Big Lie was used to sell Obamacare, which was the Chicago Machine Prodigy's biggest and most important priority. The grossly false character of the statement became obvious as Obamacare rolled out. It wasn't even on the same planet as the truth. At that point people began to look at all of the other lies the Smartest President Ever was also spouting from his prepared, teleprompter remarks. People doubted all of his excuses for all of his scandals. His constant pattern of not knowing anything about the scandals until he read about them in the papers was repeated for every succeeding scandal. The excuses came to be seen as evading responsibility through lies. Then came the realization that his excuses for Benghazi were lies specifically crafted to get through the 2012 election without making any real explanation of anything. The Administration even withheld where the President was and what he was doing during the 13 hour attack that left 4 Americans dead. Voters felt that the 2012 election win was based on a pack of lies. They felt cheated. At this point, the falsity of almost everything Barry the Magnificent said or promised in 2012 means anything he says now is not believed or trusted. The President has a built up a deep well of distrust which will mean he can accomplish almost nothing in the rest of his term. Nobody will make a deal with the Punahou Prince, because they will be almost certain he won't keep any of his promises.