The collapse of household income since 2009.

The collapse of household income since 2009.

A comparison of the graph in the article above with the changing federal debt (both graphs below the fold) is quite revealing. The steep drop in household income in 2009 lines up precisely with the steep rise in federal deficits beginning in 2009. I wonder if they have anything to do with each other? The article also notes the possible negative impact of Obamacare. How could they think such a thing?
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“We’re just not interested in continuing to support bureaucracies and talkfests.”

Canada to the UN environmental movement: “We’re just not interested in continuing to support bureaucracies and talkfests.”

The country has pulled out of a UN program supposedly aimed at “combating desertification,” noting that

only 18% of the roughly CAD$350,000 per year that Canada contributed to the U.N. initiative is “actually spent on programming,” [Canadian prime minister Stephen Harper] told Parliament this week during question period. “The rest goes to various bureaucratic measures. … It’s not an effective way to spend taxpayers’ money.”

As is their normal approach to debate, there is a lot of wailing, gnashing of teeth, and name-calling among the environmentalists, but no substantive response to counter Harper’s point above.

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One very good sign that North Korea’s recent warlike threats are merely posturing.

One very good sign that North Korea’s recent warlike threats are merely posturing.

[W]e do have one pretty good metric with which to judge the country’s intentions: the Kaesong Industrial Complex. The Kaesong Industrial Complex, located just across the northern side of the border, is staffed by South and North Koreans. It can’t function without Pyongyang’s daily okay. If the North suddenly shuts down Kaesong at some point, watch out. But as long as it’s still running, as it has been throughout the provocations and tensions of the last few weeks, we can probably – probably — assume that North Korea is not actually planning to launch a war.

And the complex is still in operation.

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Science and sequestration in context

On March 21, the House accepted the continuing resolution proposed by the Senate for the year 2013. This continuing resolution will fund everything in the federal government though September of this year, and includes the cuts imposed on March 1 by sequestration.

As it always does, the journal Science did a specific analysis of the science portion of this budget bill. As usual, they looked only at the trees, not the forest, comparing the budget changes up or down for the 2012 and 2013 years only, noting how those changes will impact each agency’s programs. As usual, Science also took the side for more federal spending, assuming that in each case any cut was sure to cause significant harm to the nation’s ability to do cutting edge science.

I like to take a wider and deeper view. Below is a chart showing how the budgets for these agencies have changed since 2008. They give a much clearer perspective of the consequences of sequestration and the cuts, if any, imposed by Congress on these science agencies.
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To show support for the New Jersey family that had been threatened by the government for posting a picture of their son holding a rifle, hundreds of parents post pictures of their own gun-toting kids.

Pushback: To show support for the New Jersey family that had been threatened by the government for posting a picture of their son holding a rifle, hundreds of parents post pictures of their own gun-toting kids.

Note also that if you look at the posed pictures, none of the kids have their hands on the trigger. Unlike Michael Bloomberg’s actor in his anti-gun ads, these kids have been taught the safe way to handle a gun.

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A Democratic voter discovers he’s actually a tea party racist.

A Democratic voter discovers he’s actually a tea party racist.

Today was a bad day. After meeting with my tax accountant, I am now cutting a very large check to the State of California, all of which resulted from Proposition 30 and the “retroactive tax” that was levied on my 2012 income. This despite the fact that I already paid my 2012 taxes back in September.

While the law stipulates that I must surrender this money, I refuse to acknowledge this as a tax at all. This is not a tax. This is an asset seizure plain and simple. The term “retroactive tax” is a despicable euphemism. It is no different than when Hugo Chavez used the benign-sounding “nationalize” to describe his seizure of private property in Venezuela.

He then notes that he is not a tea party member or even a Republican and that he voted for Obama twice.

Wanna bet that in the next election he’ll still vote Democratic? Based on the history of the past three decades, I expect that even after this experience, he will still refuse to abandon the faction he has adopted (the Democratic Party) and change his vote.

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Cyprus has agreed to confiscate a percentage of the savings of large depositors in order to satisfy demands from the European Union creditors..

The day of reckoning looms: Cyprus has agreed to confiscate a percentage of the savings of large depositors in order to satisfy demands from its European Union creditors..

This is only a hint of what’s coming for us here in the U.S. Like the European Union, eventually the federal government is going to go bankrupt, and when that happens it (being the politicians in charge) will then decide that the savings and pensions of private citizens will have to save them somehow.

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The Democrats in the Senate passed their first budget in four years yesterday.

Pigs fly! The Democrats in the Senate passed their first budget in four years yesterday.

The budget cuts practically nothing while increasing taxes by almost $1 trillion, which essentially illustrates how little the Democrats want to bring the debt under control. That four Democrats who face a tough election in 2014 voted against the budget also suggests that the Democrat’s traditional spendthrift approach might finally be becoming dangerous at the polls.

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NASA has issued a clarification specifically excluding its press announcements from the suspension of all public outreach efforts.

NASA has issued a clarification specifically excluding its press announcements from the suspension of all public outreach efforts due to sequestration.

I am not surprised. These budget cuts are aimed at grabbing the most publicity as possible, without harming NASA’s ability to lobby for funding. Ironically, the truth is that much of NASA’s education and outreach work can be cut, will not be missed, and so these cuts should illustrate this fact quite effectively.

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