La Shawn Barber was gracious enough to allow me to guest blog for her today.
See my post: Ayotte v. Planned Parenthood. The US Supreme Court should have spent only 5 minutes on this case!
Although pyramid scams were deemed illegal, when such scams are approved by Unions and/or Government the scam continues!
As we all know a pyramid scam is based on the principle that building a mass of workers under you over time allows you to reap major benefits from their labor. You promise those people under you that they will also get the same benefits in time and they just need to get a mass of workers under themselves. The problem is that those new workers never are able to amass enough people under them to support the promised benefits. And the whole thing crumbles.
Here’s a good reference on Pyramid Scams. Just think of Pensions and Social Security as you read this.
Investment Scams: Pyramid Schemes
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Likewise, Pension Plans and Social Security are also based on the premise that the first group of workers into a company or nation’s labor force will pay into a system and then be paid benefits via additional money put into the system by a larger mass of workers after them. Like Pyramid scams the people paying into pensions and social security expect big returns when they’ve put little in to begin with. With social security the rate of return is often lower than with pensions, but in each case the beneficiary gets paid via other workers putting money into the system. Pensions and social security are always underfunded, because the money is pooled and then spent by the managers of the money. In the case of pensions the money is spent by company executives on other things and with social security congress spends the money on other things. But the pool of money is always short! Just like with a pyramid scam, where the pool of money is mostly given to the people at the top! In all these cases the pool of money is always underfunded and the claims of a “secure” plan have always proven to be a big fat lie!
So in order for these plans to continue paying, the institution behind them must continue to grow! With pyramid scams, all is great so long as everything is growing. With pensions everything is great so long as the company is growing. With social security everything is great so long as the national work force is growing! And with all these plans they eventually stop growing! No company or national labor force grows to infinity! But these “pay as you go” systems require it! And so they all eventually collapse!
So with Social Security, of course private accounts makes more sense. Because then the individual puts in their own money and reaps the gains of interest made on their own personal investment. I agree with Starr Parker who recommends that we End Social Security! What she says is applicable to everyone!
With Pension Plans, new companies are already learning from the mistakes made by old ones and not offering a pension plan in many cases. Most new companies offer personal retirement account styled plans like a 401(k). If the company matches employee contributions it is done in real time, no waiting till retirement for the worker to see the money in their own personal account!
So let’s be done with these “we will pay you later for your hard work today” scams! Let people put money away for themselves. Give them their money to save in their own accounts with their name on it! Now if someone wants to be a FOOL and not save the money given to them, that would have otherwise been placed into one of these SCAMS! I say that’s what charities are for! Charity is not the role of government! Let them live off the donations of individuals that desire to give to charity cases! Charity is the role of the church, not government and I’m sure we’d have more people thankful to GOD if churches were doing the charity instead of GOVERNMENT! Or as I’ve heard a friend say god-verment!
GM’s CEO knew that pensions are a scam! That’s why he setup a separate retirement plan for himself! Shareholders should have balked at this when it was first announced!
Fellow Conservative blogger A Black Conservative Perspective tells this one like it is!
“TOOKIE” needs to die! (spelling corrections made)
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That’s similar to what I mentioned in this post.
I am SICK of hearing about this mess! I’m surprised every time a news station spends a single second talking about it! Stanley “Tookie” Williams is not an innocent baby in the womb of a mother that should not be killed! He is a killer! A destroyer of family order because of the lives that he “took”! The co-founder of a gang that ravages communities across the nation even now! And one of that gang’s “home boys” Snoop Dogg is out there trying to save this killer! Any second spent by news companies on this is time spent in foolishness! Governor Schwarzenegger is a fool and embarrassment to the word Conservative for spending a moment even considering excusing killer “Tookie” from the death penalty! (If I lived in CA I would have voted for McClintock! As I’ve said before Schwarzenegger is nothing but a Liberal Republican!) In fact, lethal injection is too kind a way for him to die! He’s going to die a much more calmer death than the people he killed!
I was trying not to say much about this, but this matter has stayed in the news for far too long! This story needs to die and Tookie with it!
I’m sick of seeing people defend these killers an destroyers of communities now that they claim to be “better”! Kill murders like Tookie and let criminals know they won’t get off easy when they commit a crime! If God wants him to live, like Daniel in the Lion’s Den or the 3 Hebrew boys in the fiery furnace he will survive! Don’t count on that happening!
update (11/28/2005 11:02AM ET): In response to the link at blog Booker Rising to this thread, a commenter pointed out this response from the LA County DA to Tookie’s clemency request. It is standard procedure for this response to be issued, but what is mentioned in the document is nothing less than STUNNING!
(From page 17 of the DA’s response, page 22 of the PDF document.)
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Without a doubt, American automotive companies made a lot of mistakes, that hurt those companies in the long run. But Unions are proving they will be the force that keeps these companies down.
Blog African American Environmentalist Association has a good post about this and mentions:
Unionized Welfare Killed GM?
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Usually environmentalists sicken me, but when a blog tells it straight I acknowledge it no matter who they are!
GM made a lot of mistakes over the years. But now the company needs to make drastic changes to get that ship in the right direction. And guess who is holding things back?… As always, the UNION! Be sure to read all of that blog’s post. I’m glad they said it straight, because it saves me the trouble of having to say it all myself!
And I know allowing the CEO’s secondary pension plan was one of the many mistakes GM has made. I’ll be covering that in another post that I will release tomorrow titled “The Pension Plan Scam!”. You can always search for it using the search feature on the left side of the page if you want to read that one.
Hat tip to Booker Rising for this find!
After ordinary American citizens worked to help the effort to stop illegal immigration with efforts like the Minuteman Project, President Bush finally starts talking about illegal immigration!
You can read the text of the speech here and The Political Teen has video.
The President covered many of the issues related to illegal immigration. And he pointed out the FACT that he has been doing things to improve border security. He’s done a heck of a lot more than the President before him ever did!
The President also mentioned:
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He mentioned that we will protect our borders and there will be no amnesty programs! The President also mentioned how he wants to change many of the processes used today. So that the processing of illegals is more efficient. He brought up a lot of common sense changes that will be good to implement. He also mentioned how the 9th Circuit Court of Appeals has tried to inhibit the effort to reduce illegal immigration.
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Then after all the good he mentioned, he tried to get away with saying some very stupid stuff!
First he tried to bring up his “guest worker program”. As if that will result in immigrant workers that want to go back home upon request
. And then he said what I consider to be the worst statement of all:
(emphasis added)
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This is the biggest lie I’ve been hearing in relation to this entire illegal immigration issue! AMERICANS WILL DO THOSE JOBS AND USED TO DO THEM ALL!!! The issue is NOT that Americans will not “do” the jobs. The issue is that employers are not able to remain competitive and offer a wage that most Americans would find acceptable! This same issue happened back in the old colonial times when people would not work for 2 shillings a day! And the result was slavery, to satisfy the desire for cheap labor! What Bush is trying to do is satisfy the current desire for cheap labor, with a work force that will accept that lower wage. The problem is that they are not Americans and they will not go home! They will continue to burden state resources after their assigned job is done, by running to other “under the table” work and living in America illegally! Since Bush announced plans for a guest worker program, illegals have been jumping the border thinking that Bush will give them a means to stay! And that is exactly what they will continue to think! Bush needs to scrap his guest worker program and I hope Congress does not allow it!
Close off the border by a wall, troops or other means. Then the issues employers have could be resolved via one or more of the following:
Personally I like the 2nd option! And America would do well with it! As in the old colonial times, if a wage really is too low, even without social programs people will refuse the work. (And if they refuse one job they will find better paying work.) Then the employer will have to resort to option #1 in my list above. This would allow our nation’s market to work properly! Option #3 could be exercised at times, to ensure the market flows smoothly. Some might claim that my suggested changes might result in additional outsourcing, but many of the jobs done by illegals are not easy to outsource. Otherwise they would have already been outsourced. Besides, American citizens are already not the ones doing that work!
Now back to the President’s speech. He said one thing near the end of his speech that was great!
(emphasis added)
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And yes it is time to make English the official language of this nation!
Michelle Malkin mentions how the administration’s actions have yet to match the President’s current words!
Euphoric Reality mentions some other issues related to illegal immigration.
You would have thought this was some sort of joke, but it’s real! Atlanta’s local CBS news affiliate channel 46 decided to see what Atlanta, Georgia’s emergency evacuation plan is, in case of disaster. They found that there is no plan! While some cities like New Orleans may have failed to properly follow their emergency evacuation plan, at least they have a plan! Atlanta has no plan and when Atlanta-Fulton Senior Planner for Emergency Management, Suzanne Kinnick Lord was asked about a plan to evacuate the entire city, she responded by saying:
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Don’t take my word for it! Watch this video of the entire report!
When asked:
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She responded:
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This idiot makes Michael Brown look like a genius!
She had to be reminded of WHY AND WHEN cities like Houston, TX had to evacuate their entire city! When you have the title “Senior” and are in charge of emergency planning, nobody should have to convince you that the entire city may have a disaster that requires a full scale evacuation!
All I’m wondering is when will Ms. Lord be fired and how did she get the job in the first place?
At least the mayor realizes that work needs to be done! Atlanta’s current emergency plan says that a plan will be developed and nothing has been developed yet! Bill Waugh a GA State University expert on the topic, says that any evacuation plan would have to be carried out over several days given the size of the city!
So folks, if you think other cities looked bad at managing an evacuation, just wait till the day Atlanta needs to evacuate!
update (11/28/2005 11:02AM ET): Added to The Political Teen’s open trackback thread.
update (11/28/2005 2:55PM ET): I did a little Googling for more information about Suzanne Kinnick Lord, to see if I could find information that would qualify her for the position of Atlanta-Fulton Senior Planner for Emergency Management. And I ended up finding this undated article, that had to have been published sometime after 9/11/2001:
Article from a neighboring county newspaper: Free CPR training offered
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So this woman is Atlanta-Fulton Senior Planner for Emergency Management and was not even working in the field just 5 years ago!!! Sometime after 9/11/2001 she took CPR and First Aid classes!!! OH MY WORD!!! Assuming she has her masters in public administration now (and who knows if she does), that’s all it takes to become Atlanta-Fulton Senior Planner for Emergency Management?!!! This is just shocking and awful! I don’t think people in Atlanta would feel comfortable knowing the person in this position is so inexperienced!!! Atlanta does have the busiest airport in the world! Atlanta is one of America’s major cities and a prime target for a terrorist attack!
update (11/28/2005 11:32PM ET): In a follow-up investigation channel 46 news found that most in city/state government don’t want to talk to them about this issue! Fulton County Commissioner, Lynn Riley was the only one willing to speak in the follow-up and felt that Suzanne Kinnick Lord’s response was unacceptable!
When asked about the issue, GA Governor Sonny Purdue punted and claimed 46 news was attempting to pit the state against the city! Chairperson of the Fulton County Board of Commissioners, Karen Handel also punted and would not talk! Handel and Mayor Franklin appoint the Atlanta-Fulton Senior Planner for Emergency Management! That is a call mayor Franklin and Ms. Handel need to answer for! And Handel is running for GA Secretary of State! Outside of this I’ve found Karen Handel to be good at what she does. But I want some answers about this before she’ll earn my vote! I hope others in GA feel the same and press her for answers! The former director of Atlanta-Fulton Emergency Management, June Cook said that he felt like:
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He quit! Why are Atlanta officials ignoring emergency management? It explains how someone like Suzanne Kinnick Lord got in!
State agencies (GA-DOT and GEMA) already have some plans and are working on more plans. Those of course cover the entire state and are not specific to the issues within the most populated city in the state! The one that is the biggest target for terrorist!
Jabar Gibson was caught with dope and has a long criminal history! He said the “bus experience” helped him turn his life around. I guess not!
Blog Sweetness & Light has the details from a FoxNews story!
Well at least he took his criminal behavior back to where he came from. Unlike some others that spread their criminal ways to other areas! Jabar, you had a second chance to do something better with your life! Now I hope you get all that the criminal justice system has for people like yourself! You bused people out of New Orleans and returned, only to hustle dope to them again!
Maybe the top brass read my previous post. OK, probably not
, but their actions are consistent with my view of things.
Independent Conservative post: Now about those burnt Taliban
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And that is EXACTLY what happened!
US troops disciplined for Taliban burning
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The Wall Street Journal’s copy of the story offers the most complete details of any MSM report I read. (paid subscription required) Their report mentions Kandahar Gov. Asadullah Khalid expressed confidence in the results of the investigation. Of course some Islamic clerics were critical of the findings, but we knew that would happen. Afghan President Hamid Karzai has ordered his own investigation, that is not yet complete. The WSJ report also mentions that Geneva Convention rules allow the burning of bodies for hygienic reasons. I don’t feel these Taliban are covered by any special rules, given they don’t acknowledge the rules themselves, unless it favors them! Just the same I still don’t feel the burning should have happened and you can read the details in my prior post.
As past readers know, fellow Conservative Blog Euphoric Reality was not happy that the soldiers were being scrutinized at all. Euphoric Reality stands by that original position and has the right to do so, although I respectfully disagree. That blog has more details about the findings.
Here is the latest regarding Terrell Pough’s daughter and the murder investigation.
Terrell Pough’s memorial service will be held tomorrow and 2 funds have been established for his daughter.
Memorial service set for young father, 18
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I’m still waiting for a wave of demonstrations against such killings and the killers behind them! Oh but instead of demonstrating against a killer, some Civil Rights ACTORvists are out trying to save a killer
! I wonder how these same ACTORvists would respond if the killers of James Byrd Jr. claim to have “changed their ways”
.
You can watch some of Diamond Pough’s birthday party here.
Related posts:
They ran flyers comparing people critical of Kwame Kilpatrick to a racist “lynch mob”.
Blog Mad Thoughts has a copy of the flyer!
Of course his opponent was considered a “puppet”
. Since the opponent was a Black man. Proving my previous stated feelings about successful Blacks holds true in Detroit!
And the race pimping continues!
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