Tuesday, June 09, 2009

Rage Against the Machine

At this point the only reason I would ever vote Democrat is if the Republicans do something catastrophically stupid. Which is well within the bounds of likelihood.

I have two hot button issues: The Bill of Rights together with the 13th and 14th Amendments and space exploration. The jackasses have pressed both buttons. They have been jabbing at the first since January and now they've gone for the second.

I'll give them this much, this is the worst federal government we've had since Carter. Sky-rocketing debt, a desire to expand the ever so well managed Medicare and Medicaid programs to cover all Americans (and just how exactly will that control costs?), endless bailouts for the politically well connected, active suppression of free speech, an amoral commitment to the retention of power, a desire to destroy our national economy in the name of pseudo science and a total lack of an optimistic vision for the future.

We have a hollow man for President, a gang of thieves and thugs in Congress, and a love of failed ideologies on the part of our intellectual classes.

And don't try any 'moral equivalency' on this. The Republicans were stupid. The current crop of Democrats are flat out evil.

We're going to be paying for this fat headed exercise in 'Hope and Change' for a very long time. And unfortunately the burden of this folly will fall mostly on those who are silly enough to try to be adults. The overaged children, spawns of the 60's 'me generation' will likely skate as usual.

To put my money where my mouth is, I'll bet anyone who wishes that, if the Democrats retain control of Congress through the next election, that the inflation rate plus the unemployment rate (expressed as percentages) will be as high or higher than they are today in 2012. The stakes are, fittingly enough, two pounds of Nueske's applewood bacon.

My good friend who blogs over at S S Pequod has accepted the challenge. Inflation (2%) plus unemployment (9.4%) = 11.4 as of today.

I like bacon....

4 comments:

Rachael Storm said...

As do I :)

Andrew said...

That's a sucker bet. Obama and the Dems have inflated the money supply by 100% over 4 years. Typically, we hope that monetary inflation lags a bit. But that should still easily yield at least 10-12% by 2012.

I fear that it will be MUCH higher if nobody buys T-bills. We are paying our debt by selling more debt. It's exactly like using your credit cards to make payments on your credit cards.

Matthew said...

Assuming inflation inflates slowly, which I'm thinking is unlikely, I figure we'll be close to 8 or 9% in three years. There's just about no way unemployment will ever get below 6%.

Did I mention I like bacon. :)

WA Whitestone said...

Isn't there anyone with brains enough to organize a recovery and inspire enough votes to kick Prez Obortion out on his behiney.