Fulcrum Ruminations

Sunday, July 24, 2011

Pocky-Klips

Let me sum up the entirety of the budget/debt ceiling issue for you, gentle reader. Bear with me, there are some twists and turns.

Congressman1: "We're broke!"

Congressman2: "Wait . . . I have an idea. We'll spend more! That should fix it!"

Congressman3,4,5,etc: "GENIUS!!"

Here's the real solution: 1 - Spend less money. 2 - Simplify the tax code, removing as many loopholes as possible. 3 - Return government to its Constitutional boundaries.

See? Was that hard?

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Saturday, July 03, 2010

Good, Bad, Other

Senator Robert Byrd has died. His career in Congress is highly instructive, for Byrd exemplified both the best and worst aspects of our Congress.

As both the longest serving Senator and the longest serving member of Congress, Byrd shows one of the fundamental problems with that branch of government - People who get in and essentially take root, gaming the system to make it very hard for a challenger to dislodge them. It's hard to claim with any credibility that someone who's been sitting in the same seat for fifty years can bring very many fresh ideas to the issues and problems of the day. Byrd was locked into, and epitomizes, the Washington "system".

And yet, at the same time Byrd was bringing a lot of benefits to his constituents back home in West Virginia. He was unsurpassed in the art of steering pork to his state. West Virginia saw federal benefits far out of proportion to its population or its contribution. It can be argued that West Virginia needed this level of support due to the poverty and lack of opportunity afflicting many of its residents, but one must still wonder if some of those resources might have been better expended somewhere else.

Byrd had a checkered past. In his younger days he was a member of the Ku Klux Klan and supported segregationist, if not outright racist, positions and policies. Later in his career he repudiated these positions, however, and often expressed regret for his actions. One is forced to wonder how much of that regret is for the injustice of his positions and how much is for the damage it did to his political career. Because over the course of his long service, Byrd showcased the tendency of our Congressmen to regard maintaining themselves in office as their primary responsibility.

Either way, a long and varied career has now ended, and just a few days shy of the July 4th celebration of America's birth. Fare thee well, Senator.

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Friday, April 02, 2010

From Across the Void of Time

Is this now one of those blogs where the author (that'd be me, your modest and beloved Lanzman) comes in with a post once every six months or so, talking about how he intends to post more, always intended to post more, just doesn't have the time these days? Gosh, it sure looks like it.


Health Care "reform" has passed. Much drama, much sturm und drang. Also a lot of junk in the bill that will have destructive effects over the long term. Let's start with the obvious - the nation is trillions of dollars in debt, so the Democrats think that this is a good time to launch a massive new entitlement program. Sure, why not? President Obama swears up and down that this will be "revenue neutral". Uh-huh. Suuuuuuuure it will.


Oh, and there's apparently a provision in there that commands us all to buy health insurance or face a penalty. This will be enforced by that paragon of responsible authority, the Internal Revenue Service. What could possibly go wrong there? Leaving aside, of course, the fact that Congress has zero Constitutional authority to compel anyone to purchase a commercial product. Some of the reality-impaired are arguing that the "commerce clause" contains this authority, but it's hard for anyone with a working brain to swallow that one.


Look, obviously health care in the US needs some kind of reform. Costs are actually spiraling out of control, and insurance companies remain hives of weasels second only to the recording industry in terms of underhanded skullduggery. But another gigantic government bureaucracy, with all the attendant waste fraud and abuse, is not the answer. Immense sweeping stacks of legislation lend themselves horribly to the Law of Unintended Consequences. I think it would have been better to proceed slowly, adjusting a law here, a regulation there, jiggering things bit by bit and taking unanticipated results into account as they cropped up. But no, it's all-or-nothing. Should make for an interesting few years. If you define "interesting" as "catastrophic government overreach leading to financial ruin" anyway.


Aahhhh, what do I know? Just look at all the big government social programs that have worked exactly as promised. Social Securi . . . oh, wait. Well, Medicare and Medi . . . dang, those haven't gone quite as promised either. The War on Drugs . . . ehhh, maybe not. The income tax? Welfare? Oh well, I'm sure there must be one or two.

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Sunday, August 30, 2009

Camelot's Last Watchman Departs

Teddy Kennedy has died. I honestly don't know how to feel about this. Ideologically, he was on the "wrong" side of a lot of issues to me, but he was a force to be reckoned with in the Senate. And some of his major accomplishments were landmark pieces of legislation, reshaping the social and political landscape of America for the better.


But Ted Kennedy was also a virtual poster boy for the "tax and spend" school of politics. And altho his record of service in the Senate is remarkable for its length and breadth, it also stands as an example of what's wrong with American politics, where people get in to Congress (either chamber) and take root. It's hard to credibly advocate for "fresh ideas" when you've been in the same office for four decades.


All other considerations aside, Ted Kennedy's passing marks the end of an amazing political saga, from his brother John F Kennedy's rise, to Bobby Kennedy's equally tragic story, to his own phenomenal career. Teddy was the last of his generation, the final sentry on the battlements of Camelot. The family scions now in public service just don't have the gravitas of the Jack/Bobby/Ted triumvirate. Somehow, the greatness of the Senate itself seems now diminished, as if a central pillar had been removed.


Fare thee well, Senator Kennedy.

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Saturday, October 11, 2008

Fannie and Freddie Fall Down Go Boom

It's been terrifying to watch the financial markets unravel these past weeks and months. Decades of bad decisions, bad policies, and bad legislation are paying off. The government is enacting a bail-out plan on a scale never before contemplated, let alone seen, with hundreds of billions of dollars in extra spending suddenly piled onto our already unbalanced budget. Debt, debt, and more debt. This money will come from where? Will be paid back how?


The bottom line is simple, gentle reader: I don't trust the buffoons in Washington to get this right. They are, in my estimation, going to make the crisis much, much worse than it needs to be with their hasty and ill-considered "rescue" plans. We are looking into an abyss. What may be on the other side is hard to determine. America could and probably will lose its preeminance in the world economic order. We're already the largest debtor nation by a huge margin. Loss of economic strength virtually ensures loss of military strength, and the Pax Americana will go the way of the Pax Britannica before it. We may be looking at several decades of world chaos.


Here's an interesting little video regarding Fannie and Freddie. While the presidential campaigns play out, the whole situation is even more politicized than it would normally be, and that's saying something. Altho there's no shortage of blame to go around for this fiasco, somehow the Republicans in general and McCain in particular are catching the worst of it. While I calculate that it's too late for anything as mundane as facts to influence the elections, I nevertheless present this for your edification. Go ahead and watch while I run out for MREs and ammunition to stock the bunker.


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Saturday, July 19, 2008

It's Been Such a Long Time . . . It's Been Such a Very Long Time

Quite a while since the last post. Well over a month. Much has happened.


Barack Obama is of course the presumptive Democratic nominee for President. I believe he will win. McCain has a good record of service but he feels old and tired. His moment was 2000, not 2008. Obama is putting out a message of "change" which, even tho it's not actually defined very well, is bringing people into his camp. And since he is relatively young and not fully assimilated by the Washington political culture, he may be able to deliver. We'll see in November.


Oil prices have skyrocketed. The economy, already battered by the housing industry implosion, is looking like it's headed towards a recession. President Bush announced the opening of formerly-restricted areas to oil drilling and that's having a somewhat calming effect on prices, at least for the moment. Realistically, the only long-term fix to this problem is to move off of the oil standard entirely. There are measures that can be taken, and we're seeing some stuff already happening as the market adjusts itself. The big American car manufacturers are scaling back or ceasing production of oversized, inefficient vehicles like SUVs and there are plans for more hybrids. Small cars are coming into demand again as short-sighted American consumers finally have reason to think about fuel efficiency. At least one manufacturer has announced a hydrogen-powered car for near-future production.


Of course, the more government interferes with the market, the worse things will get. One has only to look at the ethanol subisdy business to see how easily good intentions can fall victim to the Law of Unintended Consequences.


The situation in Iraq continues to improve. Only the most foaming-at-the-mouth of the reality-impaired can now deny the success of the "surge" strategy. Afghanistan, meanwhile, is not going so well. Too many resources being directed to the Iraqi theater means not enough is being done in Afghanistan. Still, the situation remains controllable. One hopes that the next President doesn't suffer an attack of extreme foolishness leading to a precipitous action like a sudden withdrawal from Iraq before things are sufficiently stable.


The recent Heller decision by the Supreme Court, altho flawed, nevertheless established the Second Amendment as an individual right. Of course, this was patently obvious to anyone with more than a sixth-grade command of the english language all along, but it's nice to have it made official. The DC government, as is the habit of entrenched liberals, is trying its best to ignore or circumvent the court's decision. I forsee several more legal challenges to DC's grossly unconstitutional gun laws in the near future. Meanwhile, it seems likely that several other cities with such rubbish on their books will also see their attempts to trample the rights of their citizens challenged on the basis of Heller.


The FISA legislation was passed by Congress. This of course is damaging to our freedoms, being yet another short-sighted attempt to provide security at the cost of essential liberties, and we all know the famous quote regarding such things. I believe it's time to show Congress that We The People aren't going to tolerate their nonsense any longer and vote the lot of them out of office. However, I have no realistic expectation that this will happen. There are too many knee-jerk voters out there who would vote for Satan so long as old Scratch had the right letter in front of his name. And everyone always seems to think that, altho Congress is doing a poor job, their own guy is just fine and they keep sending him back.


No profound insights this time, I'm afraid. Just some random thoughts and observations.

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Wednesday, November 08, 2006

And the Results

Hmmm. My predictions seem to have been of the "close but no cigar" variety.

Voter turnout seems to have been very heavy, for one thing. Many of the tight races remained tight right up until the last votes were counted. The Democrats did indeed take the House, but by a somewhat wider margin than I thought. The Senate is still in contention as I write this, with only the Virginia race still undecided, but it looks from here as tho the Dems will take a two-seat majority in the Senate.

This of course means disaster for the Bush administration, as the subpoenas will no doubt begin flowing shortly after the reins are handed over in January. Don Rumsfeld has already resigned/been fired, probably in an attempt to head off some of the venom.

Meanwhile, Joe Leiberman handily won reelection as an independent, nicely embarassing the reality-impaired lefties who forced him out of the Democratic party. The lesson there is, once again, that the mainstream of the country is nowhere near as liberal as some like to believe.

What lies ahead? Well, if I were the boss of the Republicans, I'd say that for the next two years they should let the Dems do whatever they want. Let them raise taxes, pile on the spending, pull us out of Iraq, enact whatever goofy legislation they want. Just smile and say "You got it!" Then, in 2008, the choice between the two parties should be nice and clear. Plus, there would be no charges of obstructionism or gridlock to be leveled. The Repubs could just say "Okay America, you've had two years of unrepressed Democratic leadership. How's that workin' out for ya?"

I have every confidence that the rush back to conservative principles would be seismic in its proportions. But meanwhile, I'm just going to say congratulations to the Dems. They somewhat clumsily seized the moment and are ascendent once again. Probably just the shock the Republicans needed at this point, since some twelve years after the "Republican Revolution" they have quite clearly lost their way. Time to refocus, reexamine, do some belly-button contemplation, all that good stuff.




In other news, Bill Whittle has a nice piece up on his blog that everyone should take a look at. Some good analysis there.

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