Karl Rove Doing Some Architecting

Like him or not, Karl Rove is gifted at sizing things up and getting to the core of people and campaigns.  The guy is brilliant and effective, which is why he's earned the title "The Architect".

Two items from Rove here:

1. Last night (9/26/2012) on The O'Reilly Factor, he explained exactly WHY some polls are not to be trusted.

Here's the video and transcript:

http://www.foxnews.com/on-air/oreilly/2012/09/27/rove-be-careful-polls-carter-once-beat-reagan

2. Then in today's Wall Street Journal, Rove writes what is on the minds of many of us, in a succinct article.  Many of us consider it obvious, but this article will be read by huge numbers of people.

Obama's Biggest Opponent Is The Truth

http://www.rove.com/articles/420

Romney's Plan For Jobs And The Economy

In my last post I referenced a question I ask Obama-supporters:

"What are Obama's plans to increase jobs and improve the economy the next four years?"

An embarrassing question that usually results in a blank stare, because he has no real plans, either because he doesn't know HOW to increase jobs and improve the economy, or he has agendas that don't include such nice things as that.

Well, is Romney any better in this area?

Absolutely yes.

Take some time to visit http://www.mittromney.com/jobs

Click on each heading, and see how a basic understanding of economics, free enterprise, capitalism, and business can make all the difference in the world.

Such understanding includes things like:

- reducing corporate taxes, which frees up capital to expand business and hire more people
- reducing and simplifying personal taxes, which allows more money in people's pockets that they can SPEND, which in turn creates more growth
- reducing unnecessary (often insane) regulations that hinder business growth and waste their money that they could use to hire people and expand

It's not rocket science, but Obama doesn't get it.

Again, visit http://www.mittromney.com/jobs

Here's What I Ask Obama Supporters (The Answers Would Be Funny If They Weren't So Tragic)

Here's the question:

What are Obama's plans to increase jobs and improve the economy the next four years?

When you ask this to the typical Obama supporter, you will be amazed at the blank stares you will get.

The "sharper" O-supporters will immediately change the subject and barrage you with redirection and smoke-blowing.

Most will just "think" (I use the term loosely) and kinda make something up.

Why?

Because Obama has no plans to increase jobs and improve the economy!

On this day (September 22, 2012), even his Presidential candidate web site lists no plans under the "issues" topic "Jobs and Economy".

Before listing 4 items, on Obama's site the statement is made that Obama is fighting to "grow the economy from the middle class out, not the top down."

This is an obvious attempt to pander to the largest percentage of voters (who unfortunately may think it sounds good). But actually this is as economically stupid a statement as has ever been made!

But that's a subject for another article.

Here are the 4 items listed under "Economy" on the Obama website:

1. Rescuing The Auto Industry

I'm not kidding. That's point #1.

First of all, he didn't rescue the auto industry, he only temporarily rescued the very Unions that have bankrupted the auto industry. But that's a subject for another article too.

The point in this article is simply that this is not a PLAN for the next four years! It's the PAST! See what I mean? It's done! That's not a plan!

2. Reviving U.S. Manufacturing

That's not a plan either! It simply cites the fact that manufacturing jobs have increased the last couple of years. But a) it gives no reason "why", and b) it gives no future plan to continue manufacturing job growth.

The point is that Capitalism is dynamic. Growth is NORMAL. But all Obama has done regarding that growth is put policies in that have kept it from growing even more!

3. Made In America

Okay, I admit this is at least sort of a "plan", by definition. He says he will eliminate tax breaks for companies that "ship jobs overseas", and create incentives to businesses to bring back jobs to the U.S.

Fine.

One embarrassing question, Mr. Obama: If you did nothing along those lines in the first four years, is there ONE reason why we should believe you will do it in the next four years?

More nice-sounding smoke blowing.
=====================
By the way, building a business overseas in many cases can HELP the U.S.  It's the power of free trade.

One huge example is Apple, with their iPhones, iPads, etc.

It cannot be calculated how many jobs in the U.S. and how much productivity in the U.S. has been produced by this one company, who manufactures in China and elsewhere.

If everything had been done in the U.S., an iPhone might cost $1500 or more, and be out of the reach of the "masses".

Steve Jobs, before he passed away, told Obama to his face that Government regulations and artificially inflated wages made it necessary to manufacture overseas.

But again, subjects for other articles.
=====================
4. Making Sure Everyone Plays By The Same Rules

Another nice-sounding platitude for the ignorant.

It references un-specified (and questionable) Wall Street reform already done. Again, it's not a PLAN, but some bragging on what's been done.

And yet, Wall Street guys are among Obama's hugest donors, regularly appointed by Obama to important positions, and a huge example of Obama hypocrisy.

I'll write more on the contrasting actual plans that Mitt Romney proposes, which show actual understanding of ECONOMIC PRINCIPLES, but for now, look at Romney's proposals, especially the two sections on "Tax" and "Regulation":

http://www.mittromney.com/jobs

Thomas Sowell on "The Fallacy of Redistribution"

This is must-read great common sense from brilliant economist Thomas Sowell:

http://jewishworldreview.com/cols/sowell092012.php3

Here's a sampling:

"The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty. " 

Here's one more:

"You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated."

Cheering For The Holocaust of the Unborn

There were many disappointing things about the Democratic Convention in Charlotte, North Carolina a couple of weeks ago.

One of the most disappointing was the loud cheering for the right to kill unborn children.

It distinctly reminded me of when Jesus stood on the porch of Pontius Pilate, the Roman Governor.

Once a year, Pilate would release a prisoner just for the heck of it, whether the prisoner was a murderer, robber, (or terrorist as in the case of Barabbas, who was slated for possible release).

Ancient Liberal foolishness.

This time Pilate gave the crowd a choice -- release Barabbas, the terrorist, or Jesus, the...the what?  Teacher, carpenter, religious leader, friend of sinners?

Yes, but in this scenario even Pilate perceived him as a King of sorts -- King of the Jews.

Of course, the crowd called for the release of Barabbas, not Jesus.

Pilate actually tried to release Jesus, but the crowd threatened to report him to Caesar for aiding a King other than the Roman king, Caesar.

So Pilate gave one last try by showing Jesus to the crowd, saying, "Behold your king!"

And the crowd shouted, "Away with him, CRUCIFY him!"

Pilate, apparently stunned at the bloodthirsty call for the killing of an innocent man, asked, "Shall I crucify your KING?!!"

And they shouted those chilling words, "WE HAVE NO KING BUT CAESAR!"

This was my thought as I heard the crowd at the Convention of the Party whose platform officially sanctions the killing of millions of other innocent lives, as they shouted and chanted and grinned and snarled, "We have no king but Obama, our Champion of the Holocaust of the Unborn!"

And so, almost 4,000 unborn babies will die today in America -- and 4,000 tomorrow -- and Sunday, and Monday ad nauseum.

And Barack, if elected, will likely nominate at least two more Supreme Court justices, who will make sure that the Holocaust continues for decades to come.

And the crowds cheer.

God have mercy.

Economics In One Post

In the previous post, I addressed Three Things Liberals Don't Know.

Here are the SHORT answers to the three relevant questions:

1. How are jobs created?

First, jobs are NOT created by Government.  The Government may hire someone, true.

But even a Government job, with the Postal Service for example, is artificially supported by taxes given by the private sector.  It's not "created" by economic production.

Jobs are created by entrepreneurs, through businesses.  The overall term for this is Capitalism, and Liberals and Statists of all stripes at best don't understand this, or at worst despise it.

Anyway, the bottom line question that should rightly be asked is, "How can we HELP these heroic entrepreneurs grow their businesses and thereby CREATE JOBS?

2. How do we grow the economy?

First, similarly to #1 above, the economy is NOT grown by Government. 

The most they can do is to PRETEND to grow the economy by spending money.  But where do they get that money? 

Some they get by borrowing, then skim off the top for cumbersome administrative expenses, and then spend it on a temporary basis, which provides a phony short-term "growth", increasing our national debt which then has to not only be repaid, but with interest!  A negative-growth proposition, especially long-term.

Some they get by taxes, then skim off the top for cumbersome administrative expenses, and then spend the leftover, which would have been spent anyway if it had not been taxed!  A negative-growth proposition.

Who actually grows the economy?  Again, it's businesses!  The same businesses which employ people who then make money that they can spend on other businesses, creating positive growth.

So the bottom line question that should rightly be asked is, "How can we HELP these heroic business builders to grow their businesses and thereby grow the economy?"

3. What do "rich" people do with the money they have left over after taxes?

There can be many answers, but almost all lead to the same place.

a) Some of their money, often a LOT, is put back into their own businesses, creating more jobs and more growth.

b) Some is invested in other businesses, either directly or through investment portfolios like stocks, which then create more jobs and more growth.

c) Some is spent on "vulgar" "obscene" extravagances like fancy cars, jewels, luxury yachts, and multiple homes.  Thereby providing jobs for car manufacturers, jewelers, yacht builders, home builders, their suppliers and the people who work for those suppliers, and the salespeople who sell these obscene things to the rich -- and thereby creating more growth for the economy.

d) Some, often a LOT, is simply given away to charities, churches, etc.  Historically and typically, the more left over money they have, the more they give away for various causes.  While perhaps economically "neutral", it's the backbone to much good in our nation.

e) For the record, a TINY percentage may be squirreled away in stacks of $100 bills or gold coins in a safe deposit box in a numbered account in some foreign country or Caribbean island.  But the rich are not so stupid as to do much of that.  It's unproductive, a bad ROI (return on investment), and therefore unprofitable.

So the bottom line question that should rightly be asked is "How can we MAXIMIZE the amount of left over money these jobs-producing growth-producing rich people get to keep -- thereby MAXIMIZING jobs and economic growth?"

Three Things Liberals Don't Know

There is a great opportunity in this election for Liberals to learn something.  Actually three things.

They can learn these three things from Mitt Romney, and especially from Paul Ryan, if Ryan is freed up to teach the people some basic economics (he may not be for political expediency reasons).

What Ryan knows (and Romney to some extent) and Liberals don't, are these three things:

THREE THINGS LIBERALS DON'T KNOW

1. How to create jobs.

2. How to grow the economy.

3. What rich people do with the money they have left over after taxes.

If Liberals cared (they don't, unfortunately), they could learn these three things in this election cycle.

Why don't Liberals care to learn those three things?

1. Partly, -- and I kinda hate to say this because it inflames them, but it's so true that it's gotta be said -- partly because they are brainwashed.  

Literally.

From public school unionist teachers, media propaganda, and Liberal parents and politicians, they are taught for decades principles of BAD ECONOMICS, mostly Keynesian, but also Socialistic, even Marxist.

So they simply think opposing views are merely swear-words -- capitalism, free-market, supply-side, trickle-down, Austrian economics, etc. -- demonized ideas from demon Conservatives, blah, blah, blah.

I'm not even saying that free-market Conservatives aren't brainwashed in their economics, but at least they're brainwashed with a correct view :)

2. Partly, there is a sympathy for those "in need".

This is understandable, even commendable.

But it invariably leads to foolishness.  Including the foolishness of thinking that Conservatives do NOT have sympathy for those "in need".

It is SO foolish sometimes that it would rather have EVERYONE at an equal poverty level of, let's randomly say "4", than to have 1% of the population be "evil" rich people at a "10" producing an economy that kept even the "poor" at a level "5" poverty.

If you're an economic Conservative, you know EXACTLY what I mean by that last paragraph.  Alas, if you're a Liberal, you're either asking, "What's he TALKING about!?", or merely think I'm insane :)

3. If they learned the real way that jobs are created, what grows the economy, and what rich people do with their left-over money, they would be responsible to act on that knowledge.  

This is often unacceptable to them.  They might be ostracized by their peers in some way.  Students would no longer "care" like their Liberal friends, actors would be denied some jobs, teachers and autoworkers would have to oppose their own unions, professors would have their tenure questioned, politicians would get booted out of their Liberal districts, etc.

I mean, seriously, truth can really mess up lives :)

4. Many have lost (or never learned) the intrinsic value of Liberty.

They consider Freedom an inane foolishness, and therefore not worth voting for, let alone fighting for.

They are Statists in the true sense of the word.  They literally think the savior of mankind is the State, the Government.

And many Christians, to their shame, are perfectly willing to sanction the Holocaust of the Unborn, for example, to the higher good of "The State".

These Statists have embarked on a quest for a Utopia.  And Utopias ALWAYS lead to increased loss of liberty, repression, and eventually slavery (either willingly for those "dependent" on the State, or unwillingly for those who oppose the State, if they're allowed to live at all -- ref. Cuba, for example).

As the laws, restrictions, and regulations pile up in huge stacks of Congressional Utopian Bills with nice-sounding Utopian names, the Utopian common man says, "Yes!", and the Utopian phony politician says, "Come into my web, my beloved slaves", and everyone's happy...except they're not...because they're empty.

They've climbed their ladder to Utopia, and found their ladder is at the wrong wall.  But it's too late.  History has repeated itself.  And they're empty.

===============================
We'll be looking at some of those economic questions in future posts, but meanwhile, I highly recommend a short book on the subject, called Economics In One Lesson by Henry Hazlitt (pretty light reading for "Economics").

Regarding utopianism, I recommend Mark Levin's studious book, Ameritopia (not light reading, but not too long).