Outsourcing and Illegals

I recently had a conversation with a couple of liberal friends and the hypocrisy of the discussion was staggering.

The conversation started with illegal immigration and, of course, quickly progressed to them claiming that, “Americans won’t do the jobs that illegals will,” (apparently exploiting the poor is tolerable if they are here illegally).

I told them that the employers should be raising their wage until Americans are willing to do those jobs and we would have to deal with the subsequent rise in prices for that good or service (liberals have a hard time grasping the concept of supply and demand, but that’s a whole other discussion).

They kept saying that people wouldn’t be willing to pay higher prices, so I brought up outsourcing.

American companies outsource to raise their profit margins and provide cheaper prices for us, the consumers. But according to my liberal friends, outsourcing = pure evil.

So it’s unethical for businesses to legally ship American jobs overseas so that we can enjoy Walmart prices, but it is perfectly acceptable for businesses to illegally hire immigrants and pay them a pittance because we want to save a couple bucks on oranges?

You guys are going to have to pick one or the other, though I don’t expect that you will. Liberals tend to think they can have their cake and eat it, too.

Healthcare Hypocrisy

Last month, the Obama administration proposed a plan to cut veteran’s health care benefits. The plan would ask that private insurance companies foot part of the bill for veterans who were wounded in combat. The plan was expected to save $540 million.

Out of the other side of his mouth, Obama goes on and on about how we need a universal health care plan and has already pledged a down payment of $634 billion towards the government mandated health insurance, which will surely include people who are here illegally.

Now, it should be noted that the veteran’s health care cut has been put on hold (if not completely eliminated) because people were so outraged by it. But am I the only one who sees something disturbingly wrong with Obama’s thinking?

Obama pretends to be fighting for health care coverage for all, but then turns around and tries to take away benefits from the people who arguably deserve health care more than any other group of Americans? Not to mention the amount he was trying to save by taking away coverage from our heroes was peanuts compared to the coverage he wants to provide to illegals.

Seriously, disgusting.

Tax Cheat Timothy Geithner

Obama hasn't even been in office for 100 days, but he's already decided he has the power to fire America's CEOs.

When Katie Couric asked our fabulous tax cheat Treasury Secretary Timothy Geithner if he would leave the option open to fire other CEOs, he replied, "Of course."

And here I thought Obama would try to ease into the dictatorship. I guess I was wrong.

Unbelievable.

I don't know whether to laugh or cry.

Obama's newest cabinet nominee, Kathleen Sebelius owes back taxes.

*sigh*

Yay for Inflation!

On Wednesday, the Federal Reserve announced that they’d be putting an additional trillion dollars into their vault.

http://www.pbs.org/newshour/bb/business/jan-june09/fed_03-18.html

To put things in perspective, there is about $800 billion in circulation around the country. There is another $800 billion already sitting in the vault, for a total monetary supply of approximately $1.6 trillion.

When congress voted to give banks the bailout money, most of the banks used the money to offset their losses on their balance sheets – instead of giving out loans (that’s what happens when you keep throwing money at problems with no strings attached). Banks have become very stingy with their loans right now so most of the bailout money is sitting in the Federal Reserve earning interest (for the banks), instead.

Now, when the economy inevitably starts to pick up, banks will start giving out loans, draining the Federal Reserve, and suddenly tons of money will be chasing the same amount of goods.

That $13 tax break Obama gave to the poor and middle class should go far when we see the double-digit inflation that ensues.

AIG Executive Bonuses

AIG, a company that recently received a $170 billion bailout from the tax payers, will be giving out $165 million in post-bailout bonuses to their executives.

First, Obama wanted to change their contracts to take away the bonuses but now they are discussing an emergency bill that would tax their bonus money at 100%.

In fact, Chris Dodd (D) has completely flip-flopped on the issue. He specifically put a clause in the $787 billion stimulus bill that provided an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009” and now he’s saying we should tax the bonuses at 100% to get the money back (by the way, Dodd was AIG’s largest single recipient of campaign donations - $103,100 – maybe he should give that money back to the tax payer as well).

So what should we do?

It is illegal for the government to go and change contracts like that. Retroactive taxes are also illegal – so if they try to do an emergency tax on the bonus money, they’ll be breaking the law as well.

The other option is to just let it go and let the executives keep their million dollar bonuses.

Another shining moment for the Obama administration.

More Corruption

Does anybody remember that guy John Walker Lindh? How about Tony West?

Tony West is now Obama's nominee for the assistant attorney general in charge of the US Justice Department's Civil Division, but before that, he was the lawyer that represented John Walker Lindh - terrorist.

For those keeping score, there are a plethora of tax cheating appointees, a pornography buff, lobbyists, those with ongoing investigations of corruption, and now a terrorist sympathizer. Did I leave someone out? That list took about 30 seconds to compile; I'm sure there's more.

Another interesting tidbit of information is Tony West raised $65 million for Obama's campaign. Fancy that!

What I'd like to know is: Is Obama appointing these losers on purpose, or is this all the Democrat party has to offer nowadays? Liars, swindlers, terrorist lovers and perverts.