Archive | June 2012

Illeagals in the U.S.

This is another topic that has been in the news lately, because of the new policy that was enacted by the President.

I used to be one of those “send them back to their own country”  people. Then I thought about it for a while.  If our country was like Mexico ( which some in this country are eagerly trying to make happen) and I could not make a life for myself because the wealthy hoarded all the money and only certain favored relatives and friends were allowed places in power, would I pick up and move to try to make a better life for myself? How would I want to be treated where I went? Would I like to be treated like a human or an animal? Maybe you think that analogy is a little over the top. With the recent spat of comparing food stamp recipients to wild animals, I am sorry if you are offended. The conservatives would like to round them up in ICE box trucks and put them in jail until they are then bussed back to Mexico, because that is where ALL illegals come from. Sounds kind of like what happens when there is a dog loose in the neighborhood.

We keep hearing how the illegals are taking American jobs. They are lowering wages, stealing welfare benefits, Social Security numbers, ripping off the hospitals and schools and raping and robbing and pillaging our cities and countrysides. OH the horror! Illegal this! Illegal that! Illegal here! Illegal there! Illegal everywhere!   There is one Illegal that I don’t hear this crowd talking about though……….

 The Illegal employer and landlord.

No where in any conversation or discussion on the over-paid talking bobble-head shows will you hear about Illegal employers, and if you do, it is for just a few fleeting moments. Enough moments to exonerate the employer from having to verify someones immigration status because it is too time consuming, burdensome and you don’t know if someone is lying or forging documents. Coming from an industry that is continuing it’s intrusion into their employees personal lives in the form of drug tests, criminal background checks, credit checks, previous employer checks, checking your facebook profile,  I find that to be a facetious argument.

These Illegal employers are reaping a generous windfall. Think about it. These illegal immigrants are desperate for work, willing to do work that Americans have been taught to strive for more than menial labor and or unwilling to do the work for what the “free market dictates”. ( What a joke. If that wage is what the “free market dictates” they wouldn’t have to bring in illegals to work for cheaper. Maybe my definition of  wage markets is a little out-dated.)  These illegals have no rights. If they get hurt on the job, oh well. It’s not like they are going to hire a lawyer. Yeah, let’s go to court where the judge will find out I am an illegal and deport me. Not.  Thus there is no need for workers comp insurance. There is no need for unemployment insurance. And the illegal works in fear that not only might they be fired at a moments notice, but the Illegal employer may just report them. The Illegal also profits from lower wages they can get away with paying the illegal. Not to mention there are no overtime laws, wage or hour limits.  Now imagine yourself in that situation.

The Illegal landlord doesn’t exactly have a bad situation either. Most illegals live 5 or more to a house. They pool their resources and live very inexpensively so they can send some home to mom and dad or other relatives that are living in squalor, once again, because the “job creators” feel they are the only ones that deserve a  life above squalor. WELL ABOVE squalor.  There are again NO rights for the illegal. No one to defend them for unscrupulous rent increases, a dwelling that is in disrepair, plumbing that may need repair or faulty appliances.  Who are they going to complain to if the Illegal refuses to do the repairs? No one.

Now you are saying they full well knew what they were doing was illegal and they had no rights here, and you would be correct. But does that mean that it is right to treat them like they have no rights and to take full advantage of that fact? And what of the Illegal employer or Illegal landlord. Are they committing a crime by hiring these illegals?  Do you hold them at fault for anything? For not hiring an American? For not paying a decent wage to an American? Or do you see it as just good business and if the Government isn’t going to do it’s job, they are well within their rights to employ them instead of turning them in for deportation?

Aren’t we supposed to be a country that receives their rights from our Creator, not the Government?  You will find that I will be posting a little about religion, just because it is a hot topic and plays a part in my life. I am not a biblical scholar nor have I studied the bible, I just read it. And try to understand it. That being said let’s look at how God tells us how to treat illegals.

Leviticus 19:33-34   When a foreigner lives with you in your land, do not mistreat him. The foreigner living with you must be treated as a native born. Love him as you love yourself, for you were foreigners in Egypt. I AM THE LORD.

Ezekiel  22:29    The people of the land have practiced extortion and committed robbery. They have oppressed the poor and the needy and unlawfully exploited the foreign resident.

Food stamps: Junk food for poors or more taxpayer money for corporations

Some thought patterns just amaze me. I guess that there are people that think I am crazy too. Maybe we are all crazy.

This is a subject that has been more prevalent in the last few years. We hear about how many people are on them without hearing exactly why, except for the reason that they are lazy skeezes who have no pride. While I am sure that there are some out there who fit this description, I find it highly unlikely that that describes the majority of them. I know a few of these so called “lazy” people that collect food stamps.  Most of them work. Mommy and daddy.  More and more they are losing full time employment and are having a hard time finding work. Now that it is summer time, work is showing up more frequently though.

I know single people that are on them too. With no kids. Most of them are working too.  Lower hours, but still working.  Do I know of people that are on them who don’t work? Yeah, I do. Are they looking for work?  Most of them.  Some can’t work.  And then there are those that don’t work. Yes, I admitted it.  I know people that don’t work. Most of them even, would like to have some way to make money though. I don’t know very many people who don’t want to have something productive to do everyday and make a living. I know people who have lost a lot of hope in this time of coddling the wealthy “job creators” ,  as lower wages, lower hours, and less upward mobility and the cost to access the ability to achieve the credentials needed to have that mobility is putting it out of  the reach of more and more people.

(Disclaimer: I have used the food stamp program, and appreciated it very much. and when I no longer needed it, I called and asked to be removed.)  Having said that, I was in the gas station a little over a year ago looking to get a pop(soda to some of you) and looked down in the cooler and saw that those new fangled energy drinks had the same EBT (electronic benefit transfer) stamp as the eggs and bread. Note these things are $4 a piece.  Now I knew that pop (soda) was an approved product. Then I looked further. And I found a slew of things that were approved that you wouldn’t normally think would be. Oh no!  The cons were right!  Their stories of buying alcohol and tobacco are wrong. Never, ever have I seen this. If this were to occur, that would be the store owners fault or the clerks. They are the ones that complete those transactions  full well knowing that those are unacceptable items.  Same goes for the furniture rental places that take food stamps! (Yes. I have actually heard that argument, and it was disparaging the food stamp recipient. How would the recipient even know that they would accept that for payment?  Would you? Apparently we do now.  🙂

Any hoo, I started finding out all kinds of things that are SNAP approved foods and places that are allowed to take them.  Restaurants, both traditional and fast food. This is for the homeless and or elderly that are unable to make their own food or don’t have the necessary equipment to prepare meals. I can understand that. I was almost homeless once. Eating cold canned raviolis and vegetables would suck. I suppose it would be better than nothing. None the less,  I believe it to be more acceptable than candy bars and energy drinks.

Well that got me wondering how these things are SNAP approved.  I mean you don’t think the people running the SNAP program just said “hey, how about approving the fast food restaurants, all the major pop (soda) brands, all the candy and junk food, and Twinkies(tm) , HO HO’s ™ and cream pies they can stuff in the cart. 🙂    Just because we are nice and we want their vote.( despite the fact that most of this group of the population does NOT VOTE, and we do not vote for the people that run SNAP.)  So if the people who run SNAP did not bestow this bountiful treat of junk food goodies to the lazy skeezes, who did?  I know! I know! It was those filthy LIBS!  Better read this  http://www.washingtontimes.com/news/2012/jun/24/top-secret-what-food-stamps-buy/print/       Notice in the comments there was not a mention of the fact that an aid to  John Boehner   was hired by a well known convenience store, to lobby on  “issues related to the general application and approval process for qualified establishments serving SNAP-eligible recipients.”

I am more than positive that this transcends both sides of the aisle. My problem is that putting all the blame on Government officials is leaving out the true culprit.  Who is going to hold these corporations that are scamming our system responsible? The level of them skimming off  the top of programs designed to  help our less fortunate (lazy) citizens. Do you  realize that JP Morgan runs the food stamp program in Virginia? I knew that the banks had their claws in the issuing and collecting fees off of unemployment benefits, but it seems they are also in the business of issuing of food stamp and EBT cards also. Wow. And the junk food industry is taking more and more from this program also.

But we should really put the blame on the holders of these cards. I mean they are making the choice to purchase those goods after all, right?  Given the choice, what would you do? I know, you’d get off your ass and get a job right?  How are you supposed to do that when employers are shipping jobs over seas? Those jobs left in America would translate into those same jobs and eventually more jobs from the spending that those jobs left in America would create. It is a cycle. And another post. The fact remains that the more jobs we send over to China,  means less jobs and less money in our economy. Thus the need for food stamps. Now, the approved foods were not always junk food. That has only been in the last decade or so that this has happened. Given the choice to buy some junk once in a while, people will be people and buy it. The junk industry knows this, that is why they lobbied for access to the program. Why don’t we blame the people who changed the rules?  That would be a quaint little notion, wouldn’t it? And not just our senators and congress people. Someone bought them off, paid them or offered them something to do this.  They don’t just come up with this shit on their own.

But we will continue to blame the poors. I mean in the end all societies have collapsed because of the corruption and loose morals of them there poors.

Duped by the skeezy slimey poors? Or a financial winfall at our expense?

This is one talking point I just can’t stand. Yeah, the Government, in the form of CRA, Freddie and Fannie and Chris Dodd and Barney Frank, and Billiam Clinton, and low income, skeezy, sly and lying home owners wanting 10 times the house they could afford are the main culprits for the fall out of the Major banks.

Our poor Great and Mighty and Magnificent and HUGE, financial overlords were FORCED by the Government they own, to give loans to low income and areas that were in disrepair to hopefully restore the community. They were forced by the Community Reinvestment Act of 1979. A program that had been in place for over 20 years by the time all this crap happened. I feel that highly unlikely.

I was going to go over each point that a person that would defend the banks would bring out. Instead I think I will just tell a little story. I hope you enjoy it.

Forward: also a disclaimer. In no way, shape or form is this story an actual historical documentation of any occurrence of any part of history, and if there happens to be a resemblance or coinciding conditions of actual occurrences( first you would have to admit to it having happened.) are strictly and completely coincidental. This is a work of fiction and exists only in my mind and on this blog, as far as I know. I can not be held responsible for the actions of others. Or at least that is what I have been told.

MONEY! MONEY! MONEY AND MORE MONEY!

Follow the money. Pretty plain and simple, right?  You would think so. Who made money off this deal? The homeowner who took out the loan? Nope. They are either paying on a home they can’t afford anymore, or homeless or living somewhere else, and with a terrible blemish on their credit record. Did the Government make money off these deals? Maybe initially from increased sales and property taxes, but now there are pages of delinquent taxes in the paper twice a year. So that is another no. So who made money?

Well there were a couple industries that made money. The real-estate industry for one. Builders. Title co. But mainly it was the banks. How and why would the banks be able to make money doing these kinds of loans?  Let’s look at the market before it was allowed to go berserk. They way conservatives say it should be. 20% down for a home and all.

If you have requirements of 20% down for a home loan, and the median price of a home is almost $100,000, how many customers do you think you are going to have? Remember, that is a $20,000 down payment. The median wage for a single individual is around $32,000. How many customers are you going to get for 20% down on a $50,000 house? That is still $10,000.

There was only a certain segment of the population that could afford to use their services, and they still would only use so much. How to expand business when the law says you have to have these onerous, stifling, restrictive regulations that are stifling creativity and ingenuity. HMMMM…..  🙂    Hello, congressman? Could we do lunch sometime?

But why? Why? you say, would those banks ask the Government to loosen regulations on them, so they could loan to people with risky credit?  FEES. Commission fees to be more specific. These Great and  Mighty and Magnificent and  Huge bankers and traders get paid by how many deals they seal. The more customers, the more trading units, the more units, the more to leverage with and the more deals you can make.

The banks made money making the loan. They then bundled good loans with bad, paid off the credit rating agencies and got them graded AAA+ and sold them to Fannie,Freddie, and any other sucker they could get to by them. More MONEY! 🙂 They then bought shorts on those same loans. So when those went bad…. more MONEY!   🙂   The banks own stock shares now plummet. What do the bankers do? Buy back their own stocks!  WHAT?!?!   The banks are now bailed out by the Government. Guess what? Stock shares skyrocket! He he he ….. LOTS MORE MONEY!!!  🙂   Then the taxpayer had to bail out the insurance company these Great and Mighty and Magnificent and HUGE financial overlords bought insurance to insure those very same shitty financial instruments. Guess what?    MORE MONEY!  🙂

Now the Government is giving bankers 0% interest loans through the Federal Reserve Discount lending window. To the tune of over $13 trillion dollars! What ever will they do with all that money?  Hey. What say we invest that into Treasury bonds? I mean think of it! To make money off the shitty mortgages, put the responsibility off on the Government, make money betting against those loans, get the Government to bail us out, and then to invest that taxpayer money into Treasury bonds so that the taxpayer will pay us 3% interest on the interest free loan they gave us, so that we can use the interest to pay off the loan and WE get to keep the MONEY!  And the houses!  BONUS!   THOSE TOO?!!!!    🙂    Ohhh, life as a banker is sooo exhausting!  It is a lot of mental strain innovating these new financial IGDD’s . (Instruments of Global Deception and Destruction.)

No, couldn’t have been anything like that.  Good thing it is a work of fiction. Could you imagine what would happen to a country if policies like that were allowed to continue to exist?     😦

CC

Addendum:  For those who think the Republican party is NOT part of the Great and Mighty and Magnificent and HUGE financial overlords court, maybe you should watch them in action yourselves. It is always better to hear it straight from the horses themselves.    http://videocafe.crooksandliars.com/heather/jon-stewart-knocks-senate-banking-committe

Talking points defined

Lower the rates and broaden the base.  This is conservative talk for lower the tax rates on the wealthy ( lower rates) and tax the poor and middle more. (broaden the base.)

Think of it like this. Picture 3 triangles side by side. 1 is right side up and 2 are upside down. The first is a representation of the population. Most of the population is on the bottom. The second is the income distribution. Most of the wealth is on top. The third is the tax structure. The people at the top who make the most money, pay for most of the taxes.

The thing is, this plan only broadens the base of the third (tax structure) pyramid, instead of both the second and third. What the wealthy would like is to see 1 right side up, one upside down, and the last one right side up. That leaves most of the people making a little bit of money, but expected to pay most of the taxes, while a few on top make most of the money, and pay little to no taxes.

Kind of reminds me of a period in history when Dukes and Lords ruled the lands. I thought this was America. Didn’t we tell those that condoned that lifestyle where to go once? And now we are going to fight for this?

Fiscal conservatism vs. Tax and spend liberals

I have been going over graphs for the last 4 or 5 years trying like hell to figure out why anyone believes this. There hasn’t been a “fiscal conservative” in the White House since arguably Eisenhower. Looking over this chart http://www.usgovernmentdebt.us/spending_chart_1900_2017USb_13s1li111mcn_H0f  which is a graph of gross public debt from 1900-2017(projected)

I see the debt starting in 1941. Wasn’t that the Government war spending that put us in debt and took us out of the Great Depression? But I thought that ALL Government spending was bad.  Anyway, I don’t see the massive spending of the New deal or LBJ’s great society. As a matter of fact I don’t see the debt getting out of control or rising much of any consequence until one Ronald Reagan got into office. And from there it just goes insane.

This is a chart of the Federal spending from 1900-2017(projected)  http://www.usgovernmentdebt.us/spending_chart_1900_2017USb_13s1li011lcn_G0f

This chart makes me even more puzzled. That little bump just before 1920, that was the first world war. That tiny little thing in the middle of the 30’s, that was the terrible spending of the New Deal. That brought us rural electrification and taught farmers in the west how NOT to start another dust bowl.  Then there is a fairly large bump in the mid 40’s. That is the second world war. Amazing how conservatives will say it was the war that got us out of the depression, yet that was the most Government spending stimulus to date.

From 1947 – 1970 spending was negligible.Yet during this time we funded schools, roads, highways, college scholarships, put men in orbit around our planet and sent men to the moon! The freakin’ moon yall!!!! Some years we had surpluses! Beginning in the 70’s spending picked up, most likely the Vietnam war was the culprit, but nowhere do I see this unsustainable spending on the war on poverty.

It isn’t until the mid 70’s that spending went up. I am just assuming here, but I believe that ramping up our nuclear stockpile and military along with the Arab oil embargo had a significant factor in this. But  just look at the spending that takes place in the 80’s!  It starts in the early part and starts to taper off around 87.I believe that was all military spending with all the little wars and what not in the Falkland Isles and Central  America, STAR WARS and trying to end the Cold war.

Then it levels until 91. That would be the first Gulf war. Then around 92 or so, something amazing happens. Spending drops! Like a rock! To the point that at the end of the century we had surpluses again! And in the 2000’s it skyrockets again!!!!  Why?? Same reason all the other bumps happened, WAR. And TAX CUTS  during not one war but during two! No, let me say that another way. A fiscal conservative did something no other leader in the history of  this country, let alone the history of the world, has EVER done! He cut taxes BEFORE EACH OF THE TWO WARS HE WAGED!

Here is what I find hard to understand about the fiscal conservative argument. Government spending BAD!  Yet according to this chart and my memory they are responsible for most of it. Let’s take Reagan, this is where they seem to have started talking the talk, while walking backward. Carter left office with approximately $1 trillion dollars total National debt. When Reagan left office 8 years later, the total debt was almost $3 trillion dollars.

Now the conservatives will say that Reagan may have spent more, but he also doubled the revenue into the federal government. OK. So. What I just heard is that not only did Reagan spend the “double amount of revenue of the Spender in chief of the late ’70’s , He also spent an ADDITIONAL $2TRILLION DOLLARS?!?!?!?! And he is a fiscal conservative? And your/his policies are good for the country?!?!?! And will address the deficit and put us back on a balanced budget?!?!?! Ooooooooooo. K? (sound like a familiar argument. I will be typing something similar shortly. ;{

George H.W. Bush :   He had a war. He had a recession. He had a Savings & Loan industry to save. He tried to be a little fiscally conservative. He raised taxes, despite pledging not to, to pay for Gulf war I. Apparently the fiscally conservative base didn’t like that idea. They didn’t show up at the polls to reelect him. During his tenure, there was around $1.5 trillion dollars added to the National debt. Total debt incurred by 12 years of Republican administration and fiscal policy,  $ 3.5 trillion dollars  bringing the total debt to $4.5 trillion dollars.

Billiam Jefferson Clinton ( Apparently the use of middle names instead of just the first initial is required of Democrats. Jimmmeeeeeeeeee carrrrrterrrrrrrrr is an exeption.)   🙂   The economy boomed under his administration. He raised taxes a little, cut spending, reformed welfare and was involved in a few over seas military actions. Brought the budget under control, managed to leave a surplus to his predecessor (when was the last time that happened?) After his 8 year tenure in office Clinton added $1 trillion dollars to the national debt.  Are we sure HE isn’t the fiscal conservative?  Total debt  $5.5 trillion dollars.

I would hope that I would not have to rehash this next chapter in American history, but I fear there are some out there roaming the great plains, forests,, countryside, valleys, cities towns and villages all across this Great Nation of ours, that have suffered a memory lapse. That is at least how i will refer to this condition.

George W. Bush :   He did inherit a slowing economy. I will give him that. Not slowing for the reasons most economists and administration officials will tell you, but I will post on that later. Then we experience 9-11 and the fallout from that. Financial fallout, airline bailout, WAR. And to pay for all this? TAX CUT MO FO!!  WE are fiscally responsible. We will lower tax cuts and bring in more revenue through more business and investment. ( deja vu anyone? Where is that damn groundhog? Bill Murray is getting ANGRY AND FRUSTRATED!)

Then we had another TAX CUT MO FO ! Don’t ya know if the first one fails, get back on that horse! Pull yourself up by your bootstraps and do it  ’til it hurts works. ( Also the definition of insanity. Doing the same thing over and over and over and over and over and expecting something different to happen, despite the factual and RECURRING results.) To hide this fiscal responsibility, the two wars were run on supplementals.  Think of it as having two sets of books. One is what you show your accountant, the other is the actual costs. Nice. Also, the 1.5 trillion put on those books included the Medicare part D prescription plan. And when Osama Obama took office, He added this $1.5 trillion dollars onto the current budget. Putting him $1.5 trillion in the hole before he even took office. You think any conservative would admit to that? FAT CHANCE!

Then we come to the Financial collapse We are all familiar with. Well, again, I think some of us running around this great nation have suffered another case of amnesia. You would think that something like that would burn a picture in your brain. Ha! Apparently our Great and Mighty and Magnificent financial overlords were duped by of all people the poor and stupid. Oh! Can’t forget Barney and Chris. Although I don’t take all blame from the two senators, there is more to that story. Post later.The homeowners were left to fend for themselves, moral hazard, signed contracts and personal responsibility.

Then the financial sheet   hit the fan. The banks were left with a bunch of bullsheet toxic IGDD’s  (Instruments of global deception and destruction) They had over- leveraged, to put it nicely. Of course moral hazard and personal responsibility were brought up. But our Great and Mighty and Magnificent overlords were too Great and Mighty and Magnificent to fail. I will post about this later also. TARP!  &787 billion dollar bailout. No strings attached. and nothing but a 3 page ransom note allowing them to do anything they wanted with the money. Nice. 🙂

After all is said and done, on the books the debt totaled 10.5 trillion dollars by the time Bush the lessor left office. That is a total of $5 trillion dollars. Add the 1.5 for the Wars and Medicare part D and we come to a total of  $6.5 trillion dollars of spending during his administration. The total debt with everything off the books on the books totals $12 trillion dollars. That is what was left when Osama Obama, the current Spender in Chief   took office. Puts his spending in a little better and more factual perspective. Total National debt: $12.5 trillion dollars.  Reagan: $2.5, Bush the greater : $1.5 , Clinton: 1, Bush the lessor: $6.5 trillion.  Republican: $10.5 trillion dollars. Democrats, $1 trillion dollars.

Barack Hussein Osama, Maobama, Obama :   He was left a terrible economy, millions of jobs had been off shored in the previous decade, and a financial system that was tearing the country apart. Mass job losses and a crumbling infrastructure. Stimulus for the people. I know I saw a few highway and local and state roads that needed desperate repair, fixed. (At least it wasn’t borrowed money to pay some overpaid war contractor to go over budget on their No Bid contract to rebuild a city or country we just paid to level. More fiscal conservatism?)  Total assuming a $15 trillion dollar debt, $2.5 trillion dollars. Of the $15 trillion dollars Republicans $11.5 trillion, Democrats: $3.5 trillion.

So this leads me to question “fiscal conservatism”. I think it is more a question of tax and spend lefties vs tax cut and spend conservatives. The questions you have to ask yourself are these…. What makes more sense to you? Which policies do you think are actually meant to provide services and which policy do you think will bankrupt a country?  What kind of country do you want to live in? How about for your kids? Your friends kids?Look back at history and see where our country would be without all the Public investment. I capitalize Public because that is you and I. We are the Government. We can come together to provide services and help, to lower costs and provide better services, or we can try the go it alone approach. I know which one I prefer. Thank you for reading.

What this blog is about and who it is for.

 Hello, welcome to the Corporate Chronicles. I am the Corporate Chronicler. Yes, for now I wish to remain somewhat anonymous. I will give a little background just so you know where my views come from. I live in the upper part of the mid-west of the United States. United, as in all for one, one for all. We wouldn’t be the same if we were separated.I have a high-school diploma, a little used certificate in locksmithing,four years of machining , and 20 years or more in manufacturing,welding, and fabricating. I was a shop rat. Loved the work, and will not apologize for it.I took a few years of community college but never got a degree. So I am not an intellectual. That being said, I don’t believe that you need to be an intellectual to observe things that are wrong. Let’s face it, most people in this country are not. And let’s also face the fact that we have been led by intellectuals and here we are.

This blog will be mostly of a political nature just because that is what I am most interested in, opinions on pertinent topics, and an occasional cartoon thrown in if I can get my ancient computer hooked to my ancient 3 in 1 printer. This will all be new to me, so I appreciate feedback and most of all patience 🙂  

Disclaimer: I was a born,raised and bred conservative Republican, and now I am not. As you will see through this venture, my views tend to lead me to a more Left leaning pattern of thought. It may have been my thought pattern has changed, but I think it was more that I was left behind in a rush to the far right or was lied to or a little of both. You will see why I feel this way, and I hope to wake some more up to what I woke up to after what I found to be the definition of practiced fiscal conservatism.