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People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Saturday, October 25, 2008

Karl Marx Smiles

This comes to us this morning from Das Kapital:
I am asked by Joe the Plumber and the Republican Party to believe that imposing higher taxes on families whose income exceeds $250,000 a year is an unacceptable attempt at "redistributing wealth." But what about the original distribution of wealth? What if something is desperately wrong with the way wealth is distributed to begin with? What about Joe the Plumber earning in excess of $250,000 a year by providing services to people whose average income is $40,000 or less?
Uh, no. Wait. Karl Marx didn't write that. It was written to the Roanoke Times by a woman who thinks she deserves the money others earn.

Wealth should be more evenly distributed in this country. Isn't that the kind of thinking that brought about the Soviet Union? Uh, yeah. We all know how well that worked out for them.

Welcome to the Wal-Mart dairy department, circa 2010:

From each according to his ability who's holding the gun, to each according to his need her want. It seems so ... right.

Capital Goes Where It's Wanted

Read the piece above, then take a look at this:
Company building plant in China, instead of W.Va.

Benwood, W.Va. -- West Virginia's loss will be China's gain when it comes to the development of a coal-to-liquids plant.

Texas-based developer Synthesis Energy Systems and Consol Energy announced Thursday that SES had pulled out of an $800 million deal to develop a coal gasification plant in West Virginia's Northern Panhandle.

While Consol was announcing the West Virginia action, SES was announcing it had entered into an agreement to develop a similar plant in China.

Under the deal with YIMA Coal, SES will own 49 percent of the plant. Funding for the $350 million plant won't be required until government approvals are obtained. (link)

The excuse given for the move had to do with the availability of financing. But we all know the credit crunch is only temporary. The real reason Synthesis Energy Systems is moving its investments to China is because China welcomes investment.

Here we just sue the pants off of our corporations. And we go out on strike. And we tax the living hell out of them. And we regulate the living hell out of them.

And then there's Obama ...

So SES finds a warm, inviting home in China. How could that be?

Who Am I? Why Am I Here?

Biden makes campaign stop in Martinsville

I Told You So

Outlook Grim on Hedge Funds

A Tortured Headline

A note to the copy editor at the Washington Post who let this one get out: Sometimes you can give these things too much thought. And you end up with headlines that read like this:

Around the World, the Signs Of Slowdown Spiral Outward

Signs of what do what? "Spiral" what? Signs spiral? Outward?

Try this one (free of charge):

Economy Sucks

Now, you decide ...

It All Becomes Clear

All of America was wondering what in God's name Joe Biden was talking about when he recently said:
Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy. And he's gonna have to make some really tough - I don't know what the decision's gonna be, but I promise you it will occur.

And [Obama's] gonna need help. And the kind of help he's gonna need is, he's gonna need you, not financially to help him, we're gonna need you to use your influence, your influence within the community, to stand with him. Because it's not gonna be apparent initially, it's not gonna be apparent that we're right.
Well, maybe old Joe learned to worry when he watched this scenario play out:
Obama's Bad Case Of Iraqnophobia
Investor's Business Daily editorial

We don't have to wait to see Barack Obama tested by a foreign crisis. His judgment was already tested on Iraq and found wanting. John McCain passed the test, and a holocaust was avoided.

In early September, while taping a segment for Fox's "O'Reilly Factor," Obama grudgingly admitted the surge of U.S. troops had "succeeded beyond our wildest dreams." Despite that, even with the benefit of hindsight, he still would have opposed it.

Obama was asked by ABC's Terry Moran: "If you had to do it over again, knowing what you know now, would you support the surge?" Obama replied: "No, because keep in mind that . . . " An incredulous Moran interrupted, "You wouldn't?" Obama continued:

"Keep in mind . . . these kinds of hypotheticals are very difficult. Hindsight is 20/20. But I think that, what I'm absolutely convinced of, is that at that time we had to change the political debate because the view of the Bush administration at that time was one that I just disagreed with." In 2007, Obama said: "I am not persuaded that 20,000 additional troops in Iraq is going to solve the sectarian violence. In fact, I think it will do the reverse." (link)

A quote from the New York Times, in its endorsement editorial, comes to mind:

This country needs sensible leadership, compassionate leadership, honest leadership and strong leadership. Barack Obama has shown that he has all of those qualities.

Nothing there about BEING RIGHT WHEN AMERICAN LIVES ARE AT STAKE. But no matter. Compassion trumps body count.

Barack Obama is soon to be "tested." But who is going to suffer the consequences of his next bad decision?

Ask Joe Biden. I think he knows perfectly well.

I Love Democracy

We have, by any measure, the least popular, least effective Congress in history. What do we do about it?

Demand more of the same!

Democrats Headed Toward Big Gains in House, Senate

I love you guys. Don't understand you, but I still love you.

Oh, THAT Unqualified VP Candidate

In nearly every newspaper editorial I've read that has endorsed Barack Obama for president included among the reasons for the decision is the opinion that John McCain was unwise for having picked a vice presidential running mate who was woefully unqualified for the position.

Really.
VP candidate kept from media and no crowd questions. Not Palin. It's Biden!
LA Times blog

Is it possible we've been living in a bubble for the last several weeks, not noticing a complete role reversal between the Democratic vice presidential candidate, Sen. Joe Biden, and his Republican counterpart, Gov. Sarah Palin of Alaska?

Now, Palin, who was once so sequestered from the media it allowed her opponents to caricature her and helped create "Free Sarah Palin" buttons, is meeting with more and more national reporters and, unreported by them, numerous local media types at virtually every campaign stop.

But Biden is something else entirely. We've got Joe the Plumber and Joe Six-Pack. But Joe Delaware-by-way-of-Scranton has gone missing.

Obama officials will deny it. But he's clearly been muzzled by the Democratic campaign that's for real change. (link)

Win or lose, they'll be making movies about this election that will include a Joe-the-Buffoon character. Guaranteed.

And the media are criticizing McCain ...

A Portent Of Things To Come

This (from The Standard-Times) is just a taste of that which America is going to confront, should Obama win next month:
In a meeting with the editorial board of The Standard-Times, Rep. [Barney] Frank, D-Mass., ... called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.
We're fighting two wars and this Democrat is talking about slashing military spending. It's not nice to call him un-American though ...