Hannity to Perry: You sound like the #OWS crowd!

I have to hand it to Hannity, when he is right, he is right. I wrote the same thing. Which means I actually agree with Sean Hannity! Horrors! 😯

Video: (Via Mediaite) (H/T to HotAir Headlines)

Money quote:

Perry began the segment attacking President Obama, but Hannity quickly shifted gears to the “very harsh words” Perry has had for Romney. “It almost sounds like Occupy Wall Street,” he noted, “it doesn’t sound like someone who is governing Texas as a conservative.”

“There is a real difference between venture capitalism and vulture capitalism,” Perry replied, adding that “venture capitalism we like; vulture capitalism, no.” He justified his attacks saying that “the fact of the matter is he’s going to have to face up to this at some time or another.” Hannity wasn’t satisfied with this answer, asking Perry whether he was saying “that Mitt Romney is a vulture capitalist, that he is unethical.” Perry specified that he thought what happened with two specific companies bought by Bain was “irresponsible,” and that “the folks in South Carolina agree with that.” Hannity replied that it was still “as severe as they can get” as far as attacks go, though Perry insisted there were places where Bain had “destroyed people’s lives.

Rick Perry, making the Democrats arguments for them. Nice Ricky….real nice… 🙄

Obama’s World? — Fines for Bio fuel that does not exist is stupid, says… The New York Times?!?!

When the Obama lead Government loses the New York Times, something is horribly wrong:

WASHINGTON — When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law.

But there was none to be had. Outside a handful of laboratories and workshops, the ingredient, cellulosic biofuel, does not exist.

In 2012, the oil companies expect to pay even higher penalties for failing to blend in the fuel, which is made from wood chips or the inedible parts of plants like corncobs. Refiners were required to blend 6.6 million gallons into gasoline and diesel in 2011 and face a quota of 8.65 million gallons this year.

“It belies logic,” Charles T. Drevna, the president of the National Petrochemicals and Refiners Association, said of the 2011 quota. And raising the quota for 2012 when there is no production makes even less sense, he said.

Penalizing the fuel suppliers demonstrates what happens when the federal government really, really wants something that technology is not ready to provide. In fact, while it may seem harsh that the Environmental Protection Agency is penalizing them for failing to do the impossible, the agency is being lenient by the standards of the law, the 2007 Energy Independence and Security Act.

The law, aimed at reducing the nation’s greenhouse gas emissions, its reliance on oil imported from hostile places and the export of dollars to pay for it, includes provisions to increase the efficiency of vehicles as well as incorporate renewable energy sources into gasoline and diesel.

It requires the use of three alternative fuels: car and truck fuel made from cellulose, diesel fuel made from biomass and fuel made from biological materials but with a 50 percent reduction in greenhouse gases. Only the cellulosic fuel is commercially unavailable. As for meeting the quotas in the other categories, the refiners will not close their books until February and are not sure what will happen.

The goal set by the law for vehicle fuel from cellulose was 250 million gallons for 2011 and 500 million gallons for 2012. (These are small numbers relative to the American fuel market; the E.P.A. estimates that gasoline sales in 2012 will amount to about 135 billion gallons, and highway diesel, about 51 billion gallons.)

Even advocates of renewable fuel acknowledge that the refiners are at least partly correct in complaining about the penalties — Via NYT: Companies Face Fines for Not Using Unavailable Biofuel – NYTimes.com

It is very obvious that the attempt to inject politics into our economy has failed. This means vote different in 2012.

Others: National Review, The Enterprise Blog, Weasel Zippers, The Volokh Conspiracy, Doug Ross and The Jawa Report

Is China’s Economy about to collapse?

This is not the first time I have heard this, but:

Which does China face? A popped real estate bubble could exert a big drag. Housing construction exceeds 10 percent of GDP. That’s historically high, says Lardy. At a similar stage of economic development, Taiwan’s housing investment was 4.3 percent of GDP. In the recent U.S. real estate boom, housing peaked at 6 percent of GDP. In China, housing stimulates much consumer spending (furniture, appliances) and accounts for 40 percent of steel production, notes Lardy. Land sales are also a big revenue source for local governments. All would suffer from a housing bust.

There are mitigating factors. Outside Beijing and Shanghai, it’s unclear that housing prices are “out of line with household income growth,” says economist Eswar Prasad of Cornell University. Chinese buyers also typically make large cash payments for their properties. Compared to United States, a housing bust is less likely to become a banking crisis as mortgages sour.

Whatever happens, China’s economic model is reaching its limits, as Lardy argues. It has relied on exports, promoted through the controlled exchange rate, and investment, including housing, subsidized by cheap credit. Meanwhile, Chinese savers have been punished by the low returns on deposits. This dampens their incomes and consumption spending. The trouble is that the global slowdown threatens exports and housing’s excesses threaten investment. Unless China can switch to stronger consumption spending, its economy will slow — or it will achieve growth by becoming even more predatory toward other countries. — Is a Chinese economic slump on the horizon? – The Washington Post

Go read that whole thing, because this is the best case for this belief. The funny thing, the people over a GoldSilver.com have been saying this for a while:

Go check them out and get into Gold and Silver; before you lose it all.

Unemployment down to 8.5 percent

Good, but not great:

Nonfarm payroll employment rose by 200,000 in December, and the unemployment rate, at 8.5 percent, continued to trend down, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in transportation and warehousing, retail trade, manufacturing, health care, and mining. — Via Employment Situation Summary

Ed Morrissey Notes:

There are a few interesting points to note.  Even though the rate of initial weekly jobless claims has declined over the last few weeks, ther has been an increase of 150,000 people unemployed for five weeks or less.  The numbers declined slightly in all other time frames, but that’s something to watch.  The civilian population participation rate hasn’t changed at all from the 64.0% of last month, which remains the lowest level since the Reagan years and which keeps the jobless rate artificially low.  The civilian labor force — all the employed and all those seeking employment — actually declined by 50,000 people since November.  However, the U-6 measure of “real” unemployment dropped from 15.6% in November to 15.2% in December, which is the lowest in three years.

It’s a pretty good but not spectacular result.  In order to gain jobs, we have to net more than 125,000 jobs added each month.  At this rate, it would take 40 months to add 3 million jobs over and above population growth.  I’d rather go in that direction than the opposite, but we need a lot more robust job creation than this to get people back to work.


Before I give my thoughts, you must remember this; I live here in Michigan, just outside of Detroit.  The Detroit area, along with the rest of the State has suffered under a one-State recession that started much before the big recession that hit the rest of America.  Now having said all of that, I say this.  All of these numbers mean nothing.  It is nothing more than window dressing; at least to me anyhow.  I have not had a job now in six years — other than the meager Ad profit that I managed to squeeze out of my old blog.  I hope that I will be able to continue that here with this blog.  Yes, I have a “small Businessthe emphases on small!  😛 😉 😀 😆

What happened was this; I took $120.00 out of my Christmas money and I bought a nice reseller-hosting package.  I hope that I can sell some shared hosting to some people.  If I sell a few packages and whip out a couple design jobs for a few guys over on Blogger, who want to get off there; and I happen to make my $120.00 back, I will be happy.  The rest is just happy profit.  I am not looking to become rich on this little venture.  I just would like to make a little money.  If it gets insanely busy — I will do my duty and go file the paperwork for a business.  (Yes, Liberals, I will pay my taxes, if I make enough warrant paying any!)

It is not that I really do not want to work for someone else — I would love to.  However, as any small business owner knows, it is somewhat hard to hire anyone at all.  When you have an idiot Government breathing down your shirt collar and keeping you from making any profit.

Another little side note; as the son of a UAW member and GM retiree and a member of a middle class family — it feels so weird to be writing from the standpoint of an actual small business owner.  I mean, I am not in an office and wearing a suit.  However, I am offering a service to people.  I do not know how good I will do in the business.  However, that is the beauty of a business; it is a real risk.  Sometimes, between you and I — risk can be a bit scary. Worried

The Taste of Success!

Recession? What Recession?

There might be one; but I’m not participating in it. 😀

Since the last time that Google Adsense sent me a check. This Blog has made $217.83 as of today. Recently, I received a payment of $179.25. I know what some of your thinking. You are most likely snickering at the amount. 😛

To be quite honest, that is pretty darned good for a newer Blog and a Political one for that matter. Not to mention a Conservative Blog that is totally independent and not affiliated with any sort of special interest group and one that has not done any real advertising.

My Hosting provider; Ryan Yaple, of EWF Media will be getting a PayPal payment from me for giving me the hosting for all this time. Just as soon as it is released to me, to transfer it to him. 🙄 Funny how slow that is.

One of the biggest and greatest rules of success in small business or in building a business; is celebrating one’s accomplishments. Even the small ones.

So, I did. I drove over to the local Meijer’s here in my local city and bought me a nice whole round, boneless steak. I went out back and fired up Dad’s grill and this was the result:

steak001

(Click the picture to make the Photo Bigger)

Another shot:

steak002

In case you cannot tell, that is two different pieces of steak there, and not one big one. Yes, I ate it all and yes, it was quite tasty. 😀

The real awesome part about all of this is this; I did not need the Government to give me a hand out to achieve all this. I did it all by myself. (With the help of a good friend of mine as well…) I earned the money from the advertisements the right way and not though scams or deceptions. All Because I dared to put up a Blog that criticizes the socialist politics of the B. Hussein Obama Administration.

A Round of Thank You’s

Again, A big thank you to my hosting provider, Ryan Yaple of EWF Media, who hails from Brighton, Michigan. Who felt sorry for me; when I got jerked around by a guy who thought it would be cool to take my money and then renege on a verbal agreement. Ryan, again, I will say it. You are the best that America has young man. That money will be in your hands, just as soon PayPal lets me have it! 🙄 😉 😀 😆

Another Big thank you is to my faithful readers; you know who you are. I see the site numbers and I see who reads what. Thank you for clicking the banner ads. Every little bit helps. Please note, that there is a PayPal donation button on here; it is on the right, at the top. Also, please note, that I have 3 ad spots on BlogAds. and 4 ad spots on Project Wonderful. Please, keep up your readership, and tell your friends about this site!

To the restoration of Conservatism in America!

-Pat