About Me

Name: Marked in Pgh
Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Blog Roll

 

Counting the Ways

What has the Democrat dominated Congress achieved since taking over in the last year and half?  Let me count the ways.
 
1) Endless investigations of, and hearings against the Bush Administration, usually on things the Democrats brought about themselves.
 
2) The sub prime scandal was not created by capitalist greed, but by political correctness and Congress forcing lending institutions to lend to people who could not qualify for loans at artificially low rates.  When the borrowers defaulted on those loans, the Democrats screamed for more investigations, but certainly not of themselves.  Now they want to reward people who took those loans by baling them out and blaming the loaning institutions.  No wonder the lenders are giving such good loan deals to Demagogs in Congress.  
 
3) Drilling the oil companines in kangaroo court-like hearings.  This culminated in Maxi Chavez (Maxine Waters) proposing socilaizing the oil companie.  This is an excellent way to destroy the oil industry, as nationalized oil businesses in Mexico and Venezuela can attest.  Congress, like the leaders of those countires, can still blame all the resulting problems as being wrought by the oil companies before the takeovers.
 
4)  The pronouncement by someone on the left "All we have to do is grow more corn," was taken up by the Democrats without any knowledge of Economics.  There is only a finite amount of ariable land to grow crops on, and with more being put into corn cultivation for ethonol have decreased the production of other grains and food stocks.  The decreased production of wheat and rice, have driven up their prices, along with the price of corn from increased demand from ethonal.  How bad can ethanol be as a drain on food production?  It takes around 400 lbs. of corn, enough to feed a person for a year in the Third World, to destill enough ethanol to treat gasoline for a single tank full.  Why should those among us, who think they are entitled to everything and are at the same time above the laws they force on us; be at all concerned about the unforeseen ramifications of their actions?  Tell your favorite liberals the next time they fill up their SUV they have just killed someone in the Third World and watch them squirm, then explode into anger.  It's a lot of fun.
 
5) Democrats in Congress have raised the minimum wage, with no consideration for its two step effect on the economy.  Wages of those close to the minimum wage have to be increased, along with those at minimum wages, to keep these marginally higher paid individuals above the new minmum.  Wages of much higher paid, unionized hourly wage earners, are automatically increased because of pay clauses in union contracts so union workers will continue to make so many dollars and cents (which makes no sence) above minimum wage.  The increased labor costs naturally decrease the number of those hired for minimum wage because the return on the investment in increased production provided by minimum workers will be negligible.  The result from the first increase in the wage has already taken effect, as poor workers at minimum have been laid off and high school and college students just out of school for the summer find fewer jobs available.  This is already reflected in the .5% increase in unemployment to 5.5%.  One always preceeds the other.  We have a second increase in wages coming along from Congress in the near future with the second raise.  The government, either at the state or Federal level, should never have anything to do with setting the minimum wage, because their motivations are always political expediency, not Economics.  All we have to do is look at what happened in Argentina under President Peron and his socialist Peronists.  All the Peronists had to do was increase the minimum wage over and over to placate their poor supporters and give them the illusion of higher wages.  But the money was of less and less value, while the government printed more and more of it.  This resulted in hyperinflation and a collapse of the Argentinian economy, all as the ultimate price of government power.  Congress can make us all millionaires, by putting $1,000,000 a year as the minmum wage, printing more money to pay for it and cause inflaiton rates as high as those in Germany and Hungary in the 1920s and those seen today in Mugabe's Zimbabwe. 
 
These are only a few of the most absurd achievements of the new Democrat dominated Congress, a dominance predicted to only get bigger after November 5.  No wonder the sign of the Democrat party is the jackass.
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive