Category: Democratic Party

Illegal Aliens

The Democrats care more about illegal immigrants — and their potential votes — than they do about American citizens.

So now we have mass acceptance of all the illegal aliens (14 million? 20 million?) as full-fledged citizens without so much as any screening process at all. Looks like their illegal behavior paid off, allowing them to jump the line to get citizenship. I suppose that means the foreigners who got in line were suckers after all. I suppose it also means we have no real borders.

That’s government by Democrats. No question, we are now on a very downward trajectory as a nation. What California has become under their rule is what the rest of the country will become — and soon. The best days are behind us. The future looks very bleak and probably dangerous.

Antifa

Success?

Dems in charge destroy jobs and undermine the economy with their actions, and then call it a success. Nixing the Canadian pipeline costs 70k jobs. Raising the minimum wage to $15 per hour nation-wide means that many employers will simply cut the requisite number of jobs in order to protect their profit margins, particularly in states with a lower cost of living. In other words, more jobs destroyed because of unintended consequences. The Dems don’t care; they call this success.

We have lunatics in charge who do not consider the ramifications of their ideological actions. Hard times are coming…hard times for sure.

Expect More Crime with Biden

Swamp Won

The swamp takes back Washington. Discouraging.

What can one expect? Much higher taxes on the wealthy but also the middle class…and corporations. Many looney-climate change initiatives that damage the economy because they undermine the use of fossil fuels, which underpin all economic activity. Actions that benefit China and undermine the US, particularly economically. More Russia hysteria as the bogeyman. Stupid and naive deals with Iran and a cold shoulder to Israel. Much money for various countries around the world, while the US deficit explodes. Open borders and mass immigration from Latin America. Political mismanagement and lawlessness and the growth of real poverty in American cities. Repression toward all political conservatives, particularly those who aligned themselves with Trump.

In short, the real decline of the United States, as a strong and economically powerful country, into a country that is economically weak and politically teetering on civil war.

There will be a 3-month grace period for the new administration, and then the wheels start to come off when all the stimulus money and free money don’t produce any turnaround in the economy and the dismal employment picture.

As things get worse and worse, the radical left-wingers will blame it all on conservatives as Nazis.

Keystone

Bearish

I’m bearish on the economy because I think this coming Democratic administration is guided by ideology and much of what they believe undermines business development and kills off jobs, so we will get what we got from Obama — a federal government that’s neutral to hostile to business with policies that unintentionally limit or even reduce jobs growth. Exactly what a stalled economy doesn’t need. At some point, this will show up as a sharp decline in the stock market, perhaps even a prolonged recession.

It may well be a good idea to start to invest elsewhere than in the US, as the US, so deeply divided politically and so disrupted economically, may well be a country in serious long-term decline. And add to that that asset prices like the stock market and the housing sector are seriously overvalued.

Biden’s Dumb Stimulus Plan

Biden’s Dumb Stimulus Plan

Biden’s stimulus plan that raises the minimum wage, of course, undermines jobs by making employers pay more for their least expensive employees, so naturally what these employers will do is cut some of those jobs to protect their profit margins — this is especially true in states with a lower cost of living, as in many of the states in the South. This at a time when it is crucial to stimulate job growth. What’s the word for that. “Dumb” comes to mind.

The bulk of the program is this big giveaway to state government with deplorable finances — think New York and California. In other words, it rewards bad financial behavior by state governments with the most spendthrift mindsets. Another dumb.

Finally, it gives a huge amount of money to colleges and public schools, i.e., financing an education system that is already way overdeveloped to begin with. Another dumb.

And again we have this practice of giving money to people, which is part of the program which actually does address the immediate problem, but I ask you, is it smart for the federal government to be giving money to everyone — is that a smart practice in the long run? I think not.

Put another way, is it wise for the federal government, which is already so deeply in debt, to take on such an unprecedented amount of new debt? That’s what the big giveaway comes down to — an enormous expansion of federal government debt, which is already well beyond anyone’s real understanding before this stimulus plan is even put into effect. It mortgages our children’s future and their children’s future…and their children’s future.

What would make sense here is a massive infrastructure program by the federal government. What should have been done way back in the 2008 crisis but wasn’t. Are we about to repeat history?

Benign Protest

Forgiving Student Loans

Biden wants to “forgive” student loans. But is that a good precedent — to establish that when you borrow money, you ultimately won’t have to pay it back? And what would this forgiveness cost the federal government, which is already swimming in its own debt? But that’s what Democratic government does — provide reckless giveaway government to curry favor with the electorate despite the consequences. Strong leadership here from Biden? I think not.

Biden