Axis of Right

Three Native Rhode Islanders Commenting From the Right on Politics and Anything Else

Archive for the ‘economy’ Category

Joe Biden: Patriotic Duty = Pay More Taxes

Posted by Ryan on September 18, 2008

Like any lefty joe Biden believes paying more taxes is the patriotic duty of wealthier Americans!  Of course they have such selfish government-centered worldview which views the quality of citizenship from the top-down, but rarely do they ever say it so clearly. 

Maybe O’Biden is really trying to get Obama to replace him sometime in October with She Who Must Not Be Named.  If he keeps this up, it might be prudent!

Historically speaking, just check out the Constitution for another perspective on Democrats and taxes:  the Feds got into your wallet before allowing us to elect Senators directly… and seven years before women could vote!  Remember it was also the Dems that created the ridiculously Marxist-sounding “Undistributed Profits Tax” (1936) during the Great Depression; a period which Obama desperately wants to emulate in order to get votes.  I wouldn’t put it past these two to come up with clever ways to screw us for the appearance of populist zeal.

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AIG Bailout Shortens Path to Socialism

Posted by Sal on September 17, 2008

The AIG bailout by the Federal Reserve involves the FED “loaning” AIG $85 billion in exchange for nearly 80% equity in the company.  Now, it is within the Fed’s charter to loan money;  however, the fact that the Government has now nationalized a major private insurance company (although the Fed denies that this is what was done) is tantamount to socialism.  There seems to be a gradual move for the government to take over these large companies and run them, when it was government “oversight” and regulation that caused this crisis to begin with.  There is simply no legitimate reason that AIG should have this and not Lehman Brothers.  The move is may have been necessary from a practical standpoint, as the failure of AIG would probably have caused several other major U.S. companies to fail as well, but it is a dangerous road we as a nation are embarking on with this new corporate socialism.

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Zero Tax Relief From Obama

Posted by Mike on September 10, 2008

Even though there isn’t a soul in America that believes him, Barack Obama has been running around the country claiming to support a tax cut for the overwhelming majority of Americans. With that in mind, I was happy to see this piece by Newt Gingrich and Peter Ferrara in the Weekly Standard on taxes.

Gingrich and Ferrara argue that most of Obama’s “tax cuts” are for people who don’t actually pay taxes thanks to the low tax policies of President Reagan, President Bush, and Gingrich’s Congress.

The merits of Obama’s plan are of course debatable even though the plan is misguided, but what people need to be aware of is that Obama’s plan does not reduce the amount of money taxpayers are forced to send to the government.  Under Obama’s plan, those who actually pay taxes will continue to pay through the nose while those who don’t will receive even more money they did not earn.  You could call it lipstick on a pig, but I’d rather call it That 70s Show.

Posted in economy, Election 2008, Politics | Tagged: , , , , | 13 Comments »

Ryan’s VP Endorsement: A Seconding of John Kasich

Posted by Ryan on August 25, 2008

Let me explain. 

Sarah Palin’s been the flavor of the week because she’s conservative, female, and a new face on the scene.  But what has she really accomplished of significance with national or regional implications that makes her qualified to be one heart-beat away from being President?  What aid does Alaska’s Governor give the national ticket strategically?  Dick Cheney was from Wyoming, yes, but he had decades of real national security experience before being Veep.  Most people vote top-of-the-ticket anyway and I don’t think she’s the best one for this election cycle, though.

Throughout the primaries this year I’ve been pragmatically (though not always philosophically) behind Mitt Romney because he is positioned well with money and notoriety as the one who would have been #2 behind McCain in the primaries had he stayed in the race, while being able to articulate ideas superbly.  He’s not without faults or a faux-pas or two.  Yet, with all that he was “conservative enough” to me given our realistic choices this year.  Some people will simply never vote for a ticket which carries a Mormon on it, and others think he’s either too “squeaky clean” or too “used-car salesman” for their support.  Yet, he is McCain’s most likely pick:  he’ll appease a good number of conservatives and shore up protection against those who attack McCain’s own shaky statements on the economy.  I’d support the ticket — it’s not a bad pick…

But it’s ultimately not the best pick in my view.

John Kasich’s superlatives have been well-documented by Mike below so I will not stray into Mike’s territory too much; only to say that I agree that Kasich nearly guarantees Ohio while solidifying Pennsyltucky for McCain.  Kasich has no real enemies or controversies and also left Congress on the top of his game.  I also agree that his down-home nature will cream O’Biden in the Veep debate and on the stump.  Furthermore, he would make a fine President if the need arose and will strengthen the ticket being young, articulate, strategically important and very bright (“bright” as in quite smart, not as in Obama-holy-halo shine “bright”).

Thusly, because John Kasich is a conservative with a mainstream likability which will add votes, not subtract them like the odds-on favorite Mitt Romney, I concur with Mike and endorse John Kasich for the 2008 Republican Vice Presidential nomination.

Posted in economy, Election 2008, Politics | Tagged: , , , , , , , , | 6 Comments »

McCain vs. Obama: How Many Houses Do You Have?

Posted by Ryan on August 21, 2008

Did you know that McCain is out of touch with regular Americans?  It’s true, I heard The One say it today.

According to the Obama campaign, McCain is so out of touch that he doesn’t even know how many homes he has, while at the same time thinks “rich” starts at around $5 million (see video at 1:35 for the remark and 1:52 for his prediction that it would be taken out of context like Obama is doing), making “middle-class” be around $3 million to McCain.

Great!  Do the Obama people really want to go there?  So, how many homes does Obama have?  How many were sold to him by perp Tony Rezko and his people?  Surprisingly, the McCain spokesman Brian Rogers was smart enough to rope-a-dope Obama with a great and swift response:

Does a guy who made more than $4 million last year, just got back from vacation on a private beach in Hawaii and bought his own million-dollar mansion with the help of a convicted felon [Tony Rezko] really want to get into a debate about houses?  Does a guy who worries about the price of arugula and thinks regular people ‘cling’ to guns and religion in the face of economic hardship really want to have a debate about who’s in touch with regular Americans?

Zing!

Obama’s campaign looks more desperate everyday, plus the McCain campaign consistently has pleasantly surprised me thus far in August.  There might just be “hope” for this November!

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Pinkerton: Divided Government Means McCain Wins

Posted by Ryan on August 10, 2008

Jim Pinkerton from “The American Conservative” has a new artcile on the Fox Forum which lays out his idea about why he thinks McCain will win in November.  His thought: because the Dems are slated to sweep Congress, McCain will be elected President so that the “divided government” concept since World War II will be continued.

I have a problem with this thesis:  the numbers don’t look good for Republicans and winning Congress will be a tough slog, but I’ve heard that every election year except 2002 — there were serious tectonic forces at work in 1994, but aside from Michael Barone few people even noticed.  So, this idea that the Republicans have no shot is nothing new and lately has been wrong most of the time.  Plus, if the Republicans actually run against the socialist Democrat agenda (rather than as Democrat-lite) then I believe this year won’t be the apocalypse some think it will be. 

With Congressional approval ratings at historic lows, why wouldn’t there be a possibility for a Republican resurgence, especially in Blue-Dog districts?  Take back those seats and the Reps have the House.  The Senate’s another issue since only 1/3 are up this year, not all in safe states.  Yet, with energy being the #1 issue for voters and the Iraq War turning the corner, Republican ideas on war and the economy are actually and substantively being vindicated less than three months before Election Day. 

In the end, I suppose the moral of this election could be either: if you think you’re going to lose, you will; or win the battle in the arena of ideas and the victory is yours.

Posted in economy, Election 2008, Media Bias, Politics, The Iraq Front | Tagged: , , , , , , , | 1 Comment »

The 2008 Beijing Olympics

Posted by Ryan on August 8, 2008

Berlin 1936:  Hitler’s Nazi Germany hosts the Olympics not only to showcase the prosperity which National Socialism had brought the Reich in the middle of the Great Depression, but also to bask in the attention given to such clean streets and orderly very white people.

Beijing 2008 will not sell such a facade.  We all know the deal with China and have not been living through a period like the 1930s.  China offends than it impresses people.  The changes China has made which it would like to showcase are those that make China look more Western, more like the rest of the world.  Yet, the smog cannot be whisked away at whim, which serves as an appropriate pall over the games — as if even the air in China is somehow sending a message that not all is right in the Middle Kingdom.  I applaud President Bush for making human rights statements while IN China, like he did today at our new embassy.

I’m going to watch some of the games, rooting for America to win some gold.  I appreciate the notion that being more engaged with China will put the appropriate pressures on them with the appropriate forces so that our ideals may be achieved with a maximum amount of political stability for China, but I can’t help but root against them and their form of totalitarianism. 

So: Free Tibet, Falun Gong, and everyone else in those Chinese jails there for simply expressing their human dignity in the face of a pseudo-fascist commie state!

Photo snuck out of China in a toy panda bear placed at the bottom of a rusty transport ship on a non-descript dock in Shanghai… not really, it’s AFP

Posted in Culture, economy, International Relations, Politics, tyranny | Tagged: , , , , | Leave a Comment »

House Republicans Want a Vote!

Posted by Ryan on August 1, 2008

After the Dems decided to start a five-week vacation, about 40 or so House Republicans, led by Mike Pence, stayed in the House chamber after the Dems adjourned to make a point about the Republican’s determination to get a drilling bill up for a vote.  On her way out San Fran Nan had the lights turned off, the microphones turned off, and the C-SPAN cameras to be turned off as well.  Classy broad, that Pelosi! 

The House Republicans sent a letter to President Bush to call the Congress back into session until a vote is taken.  President Bush was busy around 12:10pm this afternoon calling in to the Rush Limbaugh Show, congratulating Maha Rushie on 20 years of broadcast excellence.  Bush 41 and Jeb also got on the line.

The House Republicans are showing leadership, demonstrating good politics, all while looking like the victim of Pelosi’s hard-handed tactics which are getting in the way of the people’s business.  I hope they can keep this up until Election Day; this is good stuff!

Posted in Blogroll, economy, Election 2008, Politics | Tagged: , , , , , , | 1 Comment »

State-Run Health Care in Oregon Can Kill

Posted by Ryan on July 28, 2008

…if you want it to! 

A major problem with having state-controlled health care as a “right” is that they can deny you access or care if your situation is not in the state’s economic best-interest.  We’ll see loving ol’ grandmas and thirty something drunks fighting over access to livers — maybe grandma or the lush will die waiting for the operation, possibly making the government’s decision easier.  We’ll see people being denied care for choices they made in life, like smoking, drugs or trans-fat laden fast-food (it’s already “banned” in California).  And don’t forget those pesky staph infections!  

Crazy? 

Well, recently the State of Oregon offered 53-year-old Randy Stroup a simple solution to his prostate cancer:  since Randy didn’t have health insurance and his prostate cancer treatment is very costly for state-run health care, he can opt into their unique assisted-suicide plan!  The slippery slope of our culture’s devaluation of life continues.

Posted in Anything Else, Culture, economy | Tagged: , | 1 Comment »

Romney Veepstakes Buzz

Posted by Ryan on July 16, 2008

Although Mitt Romney is refusing to speak about whether or not current talks with McCain’s camp are taking place or that background info has changed hands, his stock in the Republican Veepstakes is rising as the press needs a new political face to obsess over nowadays.  We all know how the press influences McCain, so their buzz may have an actual affect on McCain’s eventual Veep choice.  Romney was the most experienced candidate on either side of the primaries in regards to his knowledge of the private sector and the economy, which has become his greatest asset in the Veepstakes.

Now that the economy is the most important issue in this election, Romney’s a logical selection for McCain who unfortunately admitted in the primaries that the economy was not his strong suit.  Yet, amongst all the others, we nominated McCain (sigh).  Alas, Romney is articulate, energetic, and optimistic –characteristics that McCain sometimes lacks.  Romney’s direct and aggressive and will be able to hit Obama in ways that McCain can’t (or won’t).  I’m not sure how Romney helps McCain pick up any specific states other than Michigan perhaps, but I think it’ll strengthen the overall ticket down the road, potentially keeping Red states Red.  At least adding Romney will pull the ticket and message toward the Right for a change.

AP photo.

Posted in economy, Election 2008, Media Bias, Politics | Tagged: , , , , | 1 Comment »

Bush Push on Oil Drilling

Posted by Ryan on July 14, 2008

President Bush announced today that he is rescinding his father’s Executive Order which banned off-shore oil drilling.  And it’s about time in my opinion!  What’s interesting about this development is that Congress imposed it’s own separate ban, meaning that if off-shore drilling were to take place, both branches would have to agree.  Now, it’s solely in the hands of Congress.

Come to think of it, President Bush is really gaining a number of important victories over the Dems ever since they took over Congress:  Bush stopped the Dems from cutting-and-running in Iraq, securing Bush’s policy through the end of his term — a huge meaningful victory on the Homefront; Bush got his FISA bill through a hostile Congress with nearly all of his proposals in tact — not an easy task for any lame-duck; and now Bush has successfully outflanked the Dems by taking the drilling issue and put it on the laps of Pelosi and Reid! 

Brilliant maneuvering from an “idiot” who still has the capacity to outflank his opponents on important issues during the last year of his tenure.  This will expose the Dems’ weak and complex rhetoric about how the oil companies “can already drill”, or the mantra “we can’t drill our way out of this” nonsense.  They can try to blame Bush policies, but they will confuse the public who understands that gas comes from oil and securing domestic oil is a security issue.  Bush has set things up for the Republicans to pound the message home.  Will they take it?

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InBev to Buy Anheuser-Busch

Posted by Ryan on July 14, 2008

The Belgian brewing company InBev is going to buy Anheuser-Busch for $52 million.  While many details are still being negotiated, the deal will probably become reality.  If that is the case then, in my opinion there are two different ways of looking at this:

1.  This is a dark day for America.  As the Belgians buy-out the largest beer producer in America, America is a weaker, sadder place… we can’t even brew and market our own storied/historic beer without help from those pesky Europeans!  Selling our souls for $52 billion?  Anheuser-Busch is a company which even survived Prohibition the honest way!  I guess there is a price one could set for selling out to the Man — a Belgian man in this case. 

2.  Woo hoo!  To this beer snob, Bud sucks (always has) and Belgian beers are world-renowned for their flavor and potency.  So, even though under the new management Bud will still suck, in the eyes of the world we’ll get a little more international “street cred” when soliciting our crappy beer to others.  InBev brews Stella Artois and Becks (meh) and Anheuser-Busch owns 50% of Corona.  Ultimately, this could signal a marked improvement to the average beer Joe Sixpack consumes.  Though this in no way will affect my own drinking habits, I believe this “sell-out” is an upgrade!

Reuters photo.

Posted in Anything Else, Culture, economy, Europe, Pop Culture | Tagged: , , , , , , , | 3 Comments »

Phil Gramm’s Nation of Whiners

Posted by Ryan on July 11, 2008

Wednesday, Phil Gramm, former Senator from Texas and Presidential candidate back in 1996, said the following in an interview with the Washington Times:

“You’ve heard of mental depression; this is a mental recession,” he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. “We may have a recession; we haven’t had one yet.”

“We have sort of become a nation of whiners,” he said. “You just hear this constant whining, complaining about a loss of competitiveness, America in decline” despite a major export boom that is the primary reason that growth continues in the economy, he said.

Gramm also happens to be John McCain’s top economic adviser.  Calling the electorate “whiners” is not a good formula for victory, so McCain threw Gramm under the bus yesterday for the comments, which the MSM was gleeful in saturation reporting of this — plus, it got Jesse Jackson’s castration threat of Obama off the front page real fast!

On the merits, Gramm or anyone in politics needs to know that it’s much easier to understand how $4.50 at the pump hurts the average commuter rather than the technical definition of recession as two consecutive quarters of negative growth or economic contraction.  Technically, we’re not in recession — so Gramm is right. 

But, the electorate has the right to complain, don’t they?  Right.  So, Gramm clarified his statements later saying that he meant it is the MSM and our leaders who are being doom-and-gloomy, which is giving the public a false economic picture when looking at the facts.  Again, Gramm is right about the fundamentals of his argument, but the MSM is not any Republican’s friend, and statements like this are giving the Dems another reason to use the age-old argument that Republicans are just a bunch of country-club blue-bloods out of touch with the average American.

Posted in Blogroll, Culture, economy, Election 2008, Media Bias, Politics | Tagged: , , , | 1 Comment »