U.S. Congressional representative Katie Porter (D-California) doesn’t seem to think that children need a father, and doesn’t seem to care about the density restrictions and other anti-development laws that increase the cost of housing in California

U.S. Congressional representative Katie Porter (D-California) recently talked about “Patricia,” one of her “constituents” who lives in Irvine, California.

Here’s a video of part of Porter’s statement, from the Washington Post channel at YouTube:

https://www.youtube.com/watch?v=0QKOLydDfNg

Since Porter said she looked up the salary of Patricia’s job at monster.com, I am guessing that “Patricia” is fictional. Nevertheless, I will go along with this, and offer my comments and analysis.

Patricia works as a bank teller at JPMorgan Chase, and earns $16.50 per hour, which works out to $35,070 per year. Patricia has a six-year old daughter, and the two of them live together in a one-bedroom apartment in Irvine, California. After taxes, Patricia takes home $29,100 per year, which is $2,425 per month.

Porter provided this image of Patricia’s monthly expenses:

These are Patricia’s monthly expenses:

$1,600 rent

$100 utilities

$250 on a 2008 car

$150 gas

$402 USDA “low cost” food for one adult and one child

$40 phone

$450 after school childcare

This leaves Patricia with a monthly budget deficit of $567.

Porter blames this budget deficit on JPMorgan Chase.

Now I’d like to offer my own commentary and opinion on this, in three different categories.

First of all, Porter makes no mention whatsoever of Patricia’s child’s father.

If Patricia was actually married, then her husband could work from home and take care of their child after school, and there would be no need to spend $450 per month on after school child care. Also, her husband’s income from working at home would make it easier to pay for their other expenses.

This refusal by Porter to even so much as mention Patricia’s child’s father is typical of liberals when they talk about single mothers who are struggling to raise their children. I have previously written about liberals’ refusal to mention the fathers of these children here, here, here, here, and here.

Secondly, Porter never mentions how density restrictions and other anti-development laws cause the price of housing in California to be substantially higher than it would otherwise be.

But I will mention it.

Here is a link to an article that was published by the Atlantic in 2007.

When a developer builds housing, there are three separate and distinct costs: the cost of land, the cost of construction, and the cost of getting a building permit (which the article refers to as the “right to build”).

Irvine is in the Los Angeles metropolitan area. According to the Atlantic article, using data from 1999, getting permission for the “right to build” added $303,000 to the cost of a house in Los Angeles in 1999.

Here’s part of the relevant text from the article:

In a 2003 article, Glaeser and Gyourko calculated the two different land values for 26 cities (using data from 1999). They found wide disparities. In Los Angeles, an extra quarter acre cost about $28,000 – the pure price of land. But the cost of empty land isn’t the whole story, or even most of it. A quarter- acre lot minus the cost of the house came out to about $331,000—nearly 12 times as much as the extra quarter acre. The difference between the first and second prices, around $303,000, was what L.A. home buyers paid for local land-use controls in bureaucratic delays, density restrictions, fees, political contributions. That’s the cost of the right to build.

And that right costs much less in Dallas. There, adding an extra quarter acre ran about $2,300—raw land really is much cheaper—and a quarter acre minus the cost of construction was about $59,000. The right to build was nearly a quarter million dollars less than in L.A. Hence the huge difference in housing prices. Land is indeed more expensive in superstar cities. But getting permission to build is way, way more expensive. These cities, says Gyourko, “just control the heck out of land use.”

The same article also includes this chart:

And please remember, this cost for the “right to build” is completely separate from the cost of the land, and the cost of construction.

The cost for the “right to build” is determined entirely, 100% by zoning laws, density restrictions, and other local government policies.

Here’s another example of how hard it is to get a building permit in California:

http://www.aei.org/publication/texas-great-american-job-machine-solely-responsible-1m-net-us-job-increase-since-2007/

January 23, 2015

… there were more permits for single-family homes issued last year through November in just one Texas city – Houston (34,566) – than in the entire state of California (34,035) over the same period.

Let’s put this into perspective.

Houston is 628 square miles.

California is 163,696 square miles.

So even though California is 260 times as big as Houston, Houston actually issued more new building permits for single family homes in 2014 than did the entire state of California.

Just think about that for a minute.

Those numbers show just how incredibly, ridiculously hard California makes it to build new housing.

Anyone who has ever bought or sold anything at eBay understands that, all else being equal, the bigger the supply of something, the lower price, and the lower the supply, the higher the price.

By making it so difficult to get a building permit in California, the government is causing housing to be far, far more expensive than it would otherwise be.

Here is a great article by Thomas Sowell about how the politicians in California have waged war against the construction of new housing.

This video also explains California’s war against the construction of new housing. And please note that it is progressives, social justice warriors, and other left wing activists who are the ones that are most opposed to building this new housing:

https://www.youtube.com/watch?v=ExgxwKnH8y4

California is waging a very strong, major war against the constriction of new housing.

But Porter never mentions any of this.

Third, being a bank teller is an entry level job. It doesn’t require any education beyond high school.

If Patricia wanted to earn more money, she could have gone to college or trade school before having a child.

But Porter never mentions this, either.

April 15, 2019. Tags: , , , , , , , , . Economics. 2 comments.

Hypocrite Bernie Sanders changes his tune on “millionaires and billionaires” after the media reports that he is one of them

I want to start out by saying that I think it’s absolutely wonderful that Bernie Sanders became a millionaire by selling books to customers who wanted to buy them.

I have no problem with the fact that Sanders is a millionaire.

What I do have a problem with is his hypocrisy.

On many, many occasions, Sanders has criticized “millionaires and billionaires.”

This is a link to a video on C-SPAN’s website, which shows Sanders making such a statement. Here are his exact words: (skip to 0:33)

“There is something profoundly wrong, when in recent years, we have seen a proliferation of millionaires and billionaires, at the same time as millions of Americans are working longer hours for lower wages, and we have shamefully the highest rate of childhood poverty of any major country.”

However, now that the media has reported that Sanders himself is a millionaire, he is saying something very different. The New York Times just quoted Sanders as saying:

“I wrote a best-selling book… If you write a best-selling book, you can be a millionaire, too.”

I agree 100% with Sanders’ statement.

If I can just add three more zeros to my own book sales figures, I, too, will become a millionaire.

Sanders’ association of the existence of “millionaires and billionaires” to the fact that there are children living in poverty is not accurate. According to the book The Millionaire Next Door, 80% of U.S. millionaires are first generation rich. They earned that money legally and honestly, by providing labor, goods, and services that people were willing to pay for. That makes everyone better off. It does not cause anyone to live in poverty.

The real reason there are so many children living in poverty in the U.S. has nothing to do with the fact that there are “millionaires and billionaires.” Instead, the high rate of childhood poverty can be attributed almost entirely to the irresponsible behavior of their parents.

Let’s consider two groups of people in the U.S. The first group has a poverty rate of 2%. The second group has a poverty rate of 76%.

The first group consists of people who followed all three of these steps:

1) Finish high school.

2) Get a full-time job.

3) Wait until age 21 and get married before having children.

The second group consists of people who followed zero of those three steps.

Among people who follow all three of these steps, the poverty rate is 2%.

Among people who follow zero of these steps, the poverty rate is 76%.

(My source for that information is this article, which refers to this PDF, and the relevant data is on page 15 of the PDF. The study uses data from the U.S. Census Bureau.)

Wikipedia has published the following chart, which shows the massive increase in the rate of out-of-wedlock births that has taken place in the U.S. since the 1960s. Source: https://en.wikipedia.org/wiki/File:Nonmarital_Birth_Rates_in_the_United_States,_1940-2014.png

According to that chart, since 1960, the percentage of babies born out-of-wedlock in the U.S. has skyrocketed from 5% to 40%.

In the 1960s, the Democrats launched their “War on Poverty,” whereby the government started paying women to have babies out-of-wedlock.

And as anyone who understands economics will tell you, whatever you subsidize, you get more of.

In this video, a happily married woman explains how a government social worker told her that she should get divorced in order to collect more benefits:

https://www.youtube.com/watch?v=oG6JqmdIubA

The liberals who complain about childhood poverty almost never blame it on the high out-of-wedlock birth rate.

Time and time and time and time again, the media publishes articles about childhood poverty, without even mentioning the fathers of these children.

April 10, 2019. Tags: , , , , , , , , . Economics. 1 comment.

Wealthy ‘NIMBY’ libs in Pelosi’s SF district raise $60G to fight center for city’s homeless

https://www.foxnews.com/politics/san-franciscos-wealthy-in-pelosis-district-raise-60g-to-oppose-homeless-shelter-as-city-struggles-with-homelessness

Wealthy ‘NIMBY’ libs in Pelosi’s SF district raise $60G to fight center for city’s homeless

March 29, 2019

Rich San Francisco residents in House Speaker Nancy Pelosi’s congressional district have collected more than $60,000 after starting an online crowdsourcing campaign to wage a legal challenge against a proposed center for the city’s homeless.

The campaign, called “Safe Embarcadero for All,” was launched March 20 after San Francisco Mayor London Breed proposed a 200-bed homeless Navigation Center in the city’s most desirable location, the Embarcadero along the coast of San Francisco Bay, earlier this month.

“The planned location for Mayor Breed’s #megashelter is home to thousands of families, visited by millions of tourists and at the center of some of San Francisco’s most iconic events – including the San Francisco Marathon, San Francisco Giants stadium and on one of the busiest bicyclist paths in the city,” reads the site posted by the group opposing the construction.

The campaign shamelessly raised over $60,000 and is on track to reach the desired $100,000 goal, with the money used to pay attorney Andrew Zacks, who often represents property owners, to help the dissatisfied “Not In My Backyard” residents in the neighborhood.

More than 130 people have chipped in, although many did so anonymously. The biggest donation came from an unknown resident who gave $10,000 to the cause.

A Fox News review of records found that multiple individuals – bank executives, professors and authors – who donated to the GoFundMe page have also contributed to Democratic political groups, including thousands of dollars to the Democratic National Committee, MoveOn, Hillary Clinton’s campaign, and other left-leaning organizations.

One of the donors, Jerome Dodson, who has since scrubbed his $1,000 contribution to the campaign, is reportedly a chairman of a “responsible investment fund” that seeks to make “a positive impact on society,” according to the Washington Free Beacon. The investment fund executive donated to Democratic candidates and groups over the years, including Pelosi and Hillary Clinton.

Fox News reached out to Pelosi’s office, asking whether she offered her support for the project designed to combat homeless in her own district.

A competing GoFundMe campaign was started in support of the project for the homeless in the city, attracting a $5,000 donation from GoFundMe itself. The effort so far has garnered nearly $33,000 in donations – surpassing a set goal of $30,000.

San Francisco’s mayor, meanwhile, slammed the group opposing the construction in a statement to the San Francisco Chronicle.

“People want us to address the challenges on our streets and help our unsheltered residents into housing, and I am committed to doing the hard work to make that happen,” Breed said.

“But it’s incredibly frustrating and disappointing,” she added, “that as soon as we put forward a solution to build a new shelter, people begin to threaten legal action.”

March 29, 2019. Tags: , , , , , , , . Politics. Leave a comment.

Elizabeth Warren doesn’t seem to know that France’s wealth tax caused a REDUCTION in tax revenues

This is what the Washington Post wrote about France’s wealth tax:

http://www.washingtonpost.com/wp-dyn/content/article/2006/07/15/AR2006071501010.html

Old Money, New Money Flee France and Its Wealth Tax

July 16, 2006

Eric Pinchet, author of a French tax guide, estimates the wealth tax earns the government about $2.6 billion a year but has cost the country more than $125 billion in capital flight since 1998.

Anyone who looks at the above numbers would know that all of that capital flight means less income tax, less capital gains tax, less sales tax, less social security tax, and less of many other taxes too. Whatever tax revenue France gets from its wealth tax is more than dwarfed by the reductions in other taxes.

And Warren’s proposed wealth tax rate is actually higher than France’s, so its potential for harm is actually bigger as well.

That doesn’t sound like a good idea for anyone who wants to increase the amount of tax revenue that gets collected by the government.

On the other hand, if Warren’s real goal is to appeal to Democratic primary voters who feel envy and jealousy, and who don’t understand math or the concept of capital flight, then her proposal is a brilliant strategy. Her horrible proposal could very well get her elected President in 2020.

January 28, 2019. Tags: , , , , , , , , , , , , , . Economics. Leave a comment.

Attention Adriana Alvarez! It’s not McDonald’s fault that you chose to have a baby out of wedlock.

The woman in this video chose to have a baby out of wedlock.

She has also, apparently, made no attempt to acquire education or job skills beyond the high school level.

She says the $12.50 an hour she gets paid to work at McDonald’s is “poverty” level.

The narrator cites government statistics to show that she is actually above the poverty level.

The narrator asks “Where is the father?”

I had actually asked myself those exact same words before the narrator did.

This woman has been working at McDonald’s for eight years. Instead of acquiring better education and job skills, she thinks the way to earn more money is to protest.

https://www.youtube.com/watch?v=b_kk5yVsdW0

 

October 8, 2018. Tags: , , , , , , , , , , , , . Economics, Social justice warriors. 4 comments.

The Maduro diet: How most Venezuelans lost an average of 19 pounds in 2016, plus another 24 pounds in 2017

(more…)

March 10, 2018. Tags: , , , , , , , , , , , , , , , , , , , , , , , . Communism, Economics, Food, Military, Police state, Politics, Social justice warriors, Venezuela, War against achievement. 2 comments.

Here’s how most Venezuelans lost an average of 43 pounds in two years

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February 23, 2018. Tags: , , , , , , , , , , , , , , , , , , , , , . Communism, Economics, Food, Military, Police state, Politics, Social justice warriors, Venezuela, War against achievement. Leave a comment.

I am thankful for being a middle class person today instead of the richest person in the world 200 years ago

I am thankful for being a middle class person today instead of the richest person in the world 200 years ago.

I can have a real time conversation with someone who is 1,000 miles away.

I have light bulbs.

I can get from New York to California in hours instead of weeks.

Antibiotics will save my life if I step on a rock and cut my foot.

I don’t have to worry about getting smallpox, measles, or polio.

I can eat ice cream in July, without having to hire an expedition to climb a mountain to bring back ice.

I could buy an air conditioner if I wanted one (although I don’t actually have or want one. I live in Pittsburgh, and don’t think it’s necessary). But think about being a rich person living in Atlanta in July before air conditioning was invented – that would have sucked.

I can listen to just about any music, watch just about any movie, or watch just about any episode of just about any TV show, whenever I want.

My access to information online is bigger than any library that the richest person owned in the past.

I have a flush toilet.

I can take a hot shower whenever I want.

I don’t have to worry about my drinking water being infected with deadly bacteria or parasites.

My clothing is more comfortable than any that existed in the past.

I have zero problem with the fact that there are some people today who have thousands of times as much money as me.

I am grateful for what I do have. I am not resentful for the fact that other people have way more money than me.

November 22, 2017. Tags: , , , , . Economics, Holidays. Leave a comment.

Media bias: once again, a news article about a financially struggling single mother trying to raise her children makes absolutely no mention of their father

The Guardian recently published this article about a single mother who is having financial troubles as she tries to raise her two children on the salary that she gets from working at a fast food restaurant.

As is always the case with articles like this, the article makes absolutely no mention of the children’s father. (I have written about this media irresponsibility before – see here and here.)

In this particular case, the article refers to the woman as “a single mother of two.”

It doesn’t say that she is “divorced,” or that she is “widowed.”

The article makes absolutely zero mention of the children’s father.

The article does quote the woman as saying:

“At the top of America, when it comes to Trump and them, their goal is to keep us down. Between these billion-dollar companies and Trump, it’s a power trip.”

So now it’s Trump’s fault that this woman is a single mother of two.

I’d like to see the results of the DNA test for that.

If Trump is in fact the father of her children, then yes, it is Trump’s fault that she is having so much financial trouble.

Otherwise, Trump has no fault whatsoever in her situation.

The article also talks about how the woman is part of the movement to raise the minimum wage to $15 an hour.

But in the real world, even liberals themselves do not want to pay fast food workers $15 an hour.

In December 2013, I made this blog post, which is titled “I dare liberals to buy a McDonald’s franchise, and pay the workers $15 an hour.”

More than three years later, I followed it up with this blog post, which is titled, “Hypocrite liberals have rejected my challenge for them to buy a McDonald’s franchise and pay the workers $15 an hour.”

I also made this other blog post, which is titled, “In the real world, no liberal has ever bought a McDonald’s franchise and paid the workers $15 an hour.”

So even liberals themselves are not willing to pay McDonald’s workers $15 an hour.

Here is some information that liberals never talk about:

Let’s consider two groups of people in the U.S. The first group has a poverty rate of 2%. The second group has a poverty rate of 76%.

The first group consists of people who followed all three of these steps:

1) Finish high school.

2) Get a full-time job.

3) Wait until age 21 and get married before having children.

The second group consists of people who followed zero of those three steps.

Among people who follow all three of these steps, the poverty rate is 2%.

Among people who follow zero of these steps, the poverty rate is 76%.

(My source for that information is this article, which refers to this PDF, and the relevant data is on page 15 of the PDF. The study uses data from the U.S. Census Bureau.)

Finally, here is a seven minute video with information that liberals never talk about. In my opinion, every middle school and high school in the U.S. should show this to all of their students, repeatedly, every year.

https://www.youtube.com/watch?v=Ru4SVUlNfMY

 

 

August 23, 2017. Tags: , , , , , , , , , , . Economics, Media bias. 1 comment.

Here’s how most Venezuelans lost an average of 19 pounds in 2016, and how to make sure it doesn’t happen again in 2017

(more…)

February 21, 2017. Tags: , , , , , , , , , , , , , , , , , , , , , . Communism, Economics, Food, Military, Police state, Politics, Social justice warriors, Venezuela, War against achievement. 4 comments.

How sad. This guy from Milwaukee doesn’t seem familiar with the concept of earning money.

A guy who has lived in Milwaukee, Wisconsin his entire life complains that rich people aren’t giving money to poor people.

I feel so sad for this guy. Apparently, it never occurred to him that a person could obtain money by obtaining education and job skills and earning the money.

Who taught him to think the way he does? Was it his parents? Was it his teachers? Whoever it was that taught him to think like this, they were wrong.

I hope for this young man’s sake that he will eventually come to realize that what these people taught him was wrong.

https://www.youtube.com/watch?v=e1Ex5NZKvCg

August 15, 2016. Tags: , , , , , , , , , . Black lives matter, Economics, Racism. 6 comments.

Black Fathers Matter

https://www.youtube.com/watch?v=FszQelEQ2KY

August 1, 2016. Tags: , , , , , , , , , , , , . Black lives matter, Economics, Politics, Racism. Leave a comment.

Attention CNN! It’s not McDonald’s fault that Safiyyah Cotton chose to have a baby out of wedlock. Plus, here’s a rare news article that actually mentions the concept of personal responsibility.

In this seven minute video, CNN talks about a single mother who is struggling to raise her child on the small salary that she earns at McDonald’s.

https://www.youtube.com/watch?v=-SCB1t28nDU

As is always the case with news articles from the mainstream media about struggling single mothers trying to raise their children, the article says absolutely nothing about the baby’s father.

The article doesn’t say that the father has a responsibility to provide for the baby that he chose to create.

The article doesn’t say that the mother has a responsibility to choose a responsible mate to make her baby with.

The article doesn’t say that if they got married, they would only have to pay rent for one apartment instead of two, and so things would be a lot easier.

The article doesn’t say anything about the mother ever having made any attempt to acquire better education and job skills as a way to get a bigger salary.

By comparison, this news article by Inside Edition fully understands the concept of personal responsibility. The article is called “Mom Cries On Dock As Cruise Ship Leaves With Her Kids Still On Board,” and includes the following brilliant quote, the kind of quote that is completely missing in the CNN article about the McDonald’s worker:

Travel expert Mark Murphy told IE: “It is the woman’s fault for not getting back on time. It is not the cruise ship’s fault. It is not the captain’s fault. It is not the cruise line’s fault. Everybody knows the posted time to get back and that ship is on a schedule, it is going to go.”

I absolutely love that quote. I praise Mr. Murphy for saying it. And I praise Inside Edition for including it in the article.

CNN, and all the other mainstream news organizations that write about struggling single mothers without ever mentioning the children’s fathers, should learn a lesson from Inside Edition about how to write a proper news story.

April 28, 2016. Tags: , , , , , , , , , , , . Economics, Media bias, Politics. 15 comments.

Liberal Rebecca Watson explains why it’s OK that rich kids will get to see new episodes of Sesame Street nine months before poor kids

In this video, liberal Rebecca Watson praises HBO for funding new episodes of Sesame Street, which it will let PBS air for free after nine months. The number of new episodes produced per year is also getting bigger because of this deal with HBO.

I agree with Ms. Watson that this is a good idea. She admits that rich kids will get to see the new episodes nine months earlier than poor kids, but also says that this is not a problem. I praise her for seeing this as a win-win situation instead of as a class-warfare type thing. I wish more liberals shared her way of thinking.

I myself grew up watching Sesame Street, Mr. Roger’s Neighborhood, The Electric Company, 3-2-1 Contact, and other educational shows on PBS, and I am definitely a better person for having done so. Perhaps this makes me a “bad” libertarian, but I can’t think of any practical reason to oppose government funded public television. In theory, libertarians such as myself are supposed to be against it. But I believe that in this particular case, real world evidence proves that the theory is wrong. The financial cost of public television, as a percentage of the federal budget, has always been trivial, and the educational benefits of public television over the decades have been enormous. I am glad that I, as well as millions of other people, watched it when we were children, and if that required the use of taxpayers’ money, then so be it.

https://www.youtube.com/watch?v=S_6MS3QDnOI

 

August 27, 2015. Tags: , , , , , , , , , , , , , . Education, Politics, Television. 2 comments.

Idiotic Hillary Clinton supporters are shocked to find out that she’s rich

I’m just paraphrasing, so these aren’t actual quotes from the video. But they are an overall summary:

“Which presidential candidates own these four mansions?”

“Well, they’re all really big and expensive looking, so it must be Republicans. Rubio? Carson? Trump, I think, because he’s rich.”

“Actually, all four are owned by Hillary Clinton.”

“Really? How can that be possible? Hillary isn’t rich!”

https://www.youtube.com/watch?v=3L5hn5B8TYI

And that reminds me of this scene from the movie Casablanca:

https://www.youtube.com/watch?v=SjbPi00k_ME

July 4, 2015. Tags: , , , , , , , , , , , . Politics. 3 comments.

In 2009, Obama stole money from retired teachers and police officers in Indiana

During the Chrysler bankruptcy, Obama violated the Fifth Amendment and more than 150 years of bankruptcy law by illegally treating secured creditors worse than unsecured creditors. Some of these secured creditors were retired teachers and police officers from Indiana.
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February 16, 2015. Tags: , , , , , , , , , , , , , , , . Barack Obama, Politics. 34 comments.

Ignoring history, Obama falsely claims that raising the capital gains tax yields higher tax revenue

The Washington Times recently reported:

Obama’s State of the Union speech to include $320B tax hike proposal

President wants capital gains rate, bank fees raised

President Obama will propose $320 billion in higher taxes in his State of the Union address, mostly by raising the rate on capital gains and closing tax loopholes for wealthier families, senior administration officials said Saturday.

Previewing Mr. Obama’s State of the Union address to Congress on Tuesday night, aides said the president will propose raising the top tax rate on capital gains to 28 percent, from the current 23.8 percent (20 percent, plus a 3.8 percent tax on unearned income to fund Obamacare) for individual taxpayers with an adjusted gross income of $200,000 or more.

Obama is ignoring the fact that in the real world, raising the capital gains tax in the past has resulted in lower tax revenues.
(more…)

January 24, 2015. Tags: , , , , , , , , , , , , , , , , . Barack Obama, Economics, Politics. 4 comments.

Liberals fly 1,700 private jets to Switzerland so they can PRETEND to care about global warming and income inequality

Perhaps someday, these global warming conferences will be done using environmentally friendly Skype instead of the current policy of burning massive amounts of fossil fuel on 1,700 private jets.
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January 22, 2015. Tags: , , , , , , , , , , , . Economics, Environmentalism, Politics. 5 comments.

Venezuelan military tells supermarket customers not to take pictures of empty shelves

The Venezuelan military has troops stationed in supermarkets, and they are telling customers not to take pictures of empty shelves. But that hasn’t stopped people from doing it. During the first week of 2015, the Twitter hashtag #AnaquelesVaciosEnVenezuela (“Empty shelves in Venezuela”) listed more than 200,000 tweets.

For example: (posted here under fair use from https://twitter.com/Indiferencia/status/551547489565016064/photo/1 )

empty shelves

From a different website, here’s a picture of people waiting in line to buy food: (posted here under fair use from http://www.businessinsider.com/long-food-lines-are-in-venezuela-2014-2 )

food line


(more…)

January 10, 2015. Tags: , , , , , , , , , , , , , , , , , , , , . Communism, Economics, Food, Military, Police state, Political correctness, Politics, Venezuela. 3 comments.

Google billionaires request $539 million federal bailout after spending $1.6 billion of “stimulus” funding on failed solar power project

Ivanpah is a solar power company owned by Google, BrightSource Energy, and NRG.

In April 2011, as part of Obama’s “stimulus,” Obama gave Ivanpah a $1.6 billion loan guarantee to build a solar power plant.

In November 2014, when the plant was up and running, Associated Press reported that it was producing only “about half of its expected annual output.” The California Energy Commission blamed this failure on “clouds, jet contrails, and weather.”

In November 2014, Ivanpah asked Obama for a $539 million bailout.

Google is owned by Larry Page and Sergey Brin. At the time they requested this $539 million bailout, Page was the 19th richest person in the world, with assets of $30.4 billion, and Brin was the 20th richest person in the world, with assets of $30 billion.

December 1, 2014. Tags: , , , , , , , , , , , , , , , . Barack Obama, Environmentalism, Government waste, Politics. 7 comments.

Judge Jan Jurden gives probation instead of jail to rich guy who raped his own three year old daughter

I’m not sure who is more evil in this case – the guy who raped his own dauther, or the judge who refused to put him in jail.

Huffington Post reports:

One Percenter Convicted Of Raping Child Dodges Jail Because He ‘Will Not Fare Well’

A Delaware man convicted of raping his three-year-old daughter only faced probation after a state Superior Court judge ruled he “will not fare well” in prison.

In her decision, Judge Jan Jurden suggested Robert H. Richards IV would benefit more from treatment. Richards, who was charged with fourth-degree rape in 2009, is an unemployed heir living off his trust fund.

Richards is the great grandson of du Pont family patriarch Irenee du Pont, a chemical baron.

… he admitted to assaulting his infant son in addition to his daughter between 2005 and 2007. Richards was initially indicted on two counts of second-degree child rape, felonies that translate to a 10-year mandatory jail sentence per count.

Richards hired one of the state’s top law firms and was offered a plea deal of one count of fourth-degree rape charges — which carries no mandatory minimum prison sentencing. He accepted, and admitted to the assault.

In her sentence, Jurden said he would benefit from participating in a sex offenders rehabilitation program rather than serving prison time.

 

April 3, 2014. Tags: , , , , , , , , . Politics, Violent crime. 6 comments.

Poll: If you could abolish income inequality, or poverty, but not both, which one would you choose?

December 8, 2013. Tags: , , , , , , , , , , . Economics, Politics, Polls. 5 comments.

In the real world, no liberal has ever bought a McDonald’s franchise and paid the workers $15 an hour

Recently, Huffington Post published an article about how easy it would supposedly be for McDonald’s to pay its’ employees $15 an hour. Soon afterward, they took the original article down, and replaced it with this article, which admits that the original article had been wrong.

But I knew they were wrong before they admitted it. Having read the original article, one thing I noticed was that it wrongly assumed that the demand for McDonald’s food would not go down, even though the article did say that there would have been an increase in the prices that customers paid. In the real world, people respond to incentives. When the price of something goes up, the demand for that something does down.

If it were possible for McDonald’s to pay $15 an hour, I would think that some liberal somewhere would have already purchased a franchise and paid the workers $15 an hour.

Critics of McDonald’s complain that you can’t raise a family on what McDonald’s pays. They cite various examples of people trying to raise children on what McDonald’s pays.

But this misses the point. I have always viewed a McDonald’s job as something for a young person who is till in school, and still living with their parents. A high school student who wants to earn money for the prom, for example. I was raised to believe that you are not supposed to have your first child until after you have obtained a good education, gotten a decent paying job, and gotten married.

The fact that unmarried high school dropouts are having trouble raising their children on a McDonald’s salary is not the fault of McDonald’s. Instead, it is the fault of the two people who chose to drop out of high school and make a baby out of wedlock.

Apparently, McDonald’s critics don’t seem to understand why McDonald’s pays much higher wages to its accountants, computer programmers, and lawyers, than it does to its burger flippers and cashiers. What these critics don’t seem to understand is that these people who receive higher wages get those higher wages because they chose to put in the time and effort to acquire better education and better job skills.

If these critics want McDonald’s burger flippers and cashiers to earn more money, then instead of suggesting the totally unrealistic idea of McDonald’s paying them $15 an hour, I suggest that these critics do more to teach people about the concepts of long term planning and delayed gratification.

August 2, 2013. Tags: , , , , , , , , , , . Economics, Education, Food, Politics. 2 comments.

Oh boy – just what I always wanted! 57 rules for looking good in a $10,000 men’s suit!

The Yahoo! homepage recently featured this article called “The complete guide to suits: 57 rules of style.” It states:
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October 16, 2012. Tags: , , , , , , , , , , . Humor. Leave a comment.

U.S. House passes Buffett Rule Act, which would allow rich liberals to voluntarily pay higher taxes

The Washington Times reports:
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September 19, 2012. Tags: , , , , , , , , , , , , . Politics. 1 comment.