Choosing between Truth and Trash

Trash.   By a long shot.

Let me explain.   This is not the question of whether to throw out your comic collection, which is totally worthless, or telling your wife that you let poor little fluffy die, rather than pay some humongous vet bill.   No, far simpler question.

Do you go see the movie “Truth”  or “Trash”?   By the way, I haven’t seen these movies.

Truth:

Newsroom drama detailing the 2004 CBS 60 Minutes report investigating then-President George W. Bush’s military service, and the subsequent firestorm of criticism that cost anchor Dan Rather and producer Mary Mapes their careers.

Truth (2015) Poster

Trash:

Set in Brazil, three kids who make a discovery in a garbage dump soon find themselves running from the cops and trying to right a terrible wrong.

Trash (2014) Poster

Pretty cool cover.

The Truth film isn’t as truthy as you might expect (truthy doesn’t exist, I just made it up) and it certainly qualifies as a bucket item (or a word that rhymes with bucket,  to quote Obama) given this is an event that happened in 2004.   Truth based on possibly forged documents and CBS says that Truth is trash.    Trash, the film,  is still the original Trash.

Links:

Wikipedia – Truth

Stay tuned,

Dave

Debt ceiling increased – Yeah!!!!!

3:00 am, Oct 30, 2015.  The combined spending and debt ceiling package passed the Senate.   If it had failed, the morning news would have been, “Dow futures down 800 points, as default on debt  looms.”    It passed 63-35.  Republicans could have blocked it, but more reasonable minds prevailed.   Republicans voting for the measure were John McCain and Lindsey Graham.  The Nays were all Republicans,  including Cruz, Rubio and Paul.

Government will function a bit better today, relieved that this time around, the neo-conservatives did not push the US into sovereign default as a means to promote their own agenda.

Who not to vote for:  Cruz, Rubio and Paul.

Links:

Roll Call – US Senate

 

NAYs —35
Blunt (R-MO)
Boozman (R-AR)
Burr (R-NC)
Cassidy (R-LA)
Coats (R-IN)
Corker (R-TN)
Cotton (R-AR)
Crapo (R-ID)
Cruz (R-TX)
Daines (R-MT)
Enzi (R-WY)
Ernst (R-IA)
Fischer (R-NE)
Flake (R-AZ)
Gardner (R-CO)
Grassley (R-IA)
Heller (R-NV)
Hoeven (R-ND)
Inhofe (R-OK)
Isakson (R-GA)
Johnson (R-WI)
Lankford (R-OK)
Lee (R-UT)
Moran (R-KS)
Paul (R-KY)
Perdue (R-GA)
Portman (R-OH)
Risch (R-ID)
Rubio (R-FL)
Sasse (R-NE)
Scott (R-SC)
Sessions (R-AL)
Shelby (R-AL)
Sullivan (R-AK)
Toomey (R-PA)

Stay tuned,

Dave

Who lost the Republican debates?

The truth could get a word in edge-wise.  Fiorina, Trump, Carson, Rubio, Cruz and  Christie told lies during the debate.

But, among Republicans, Trump leads the group.  I guess it is particularly egregious when a candidate is asked why he said something, and the response is that it was never said, then continues on a different topic.  Or make a claim, when the opposite can be proven.  Trump: “I am the only person in either campaign that’s self-funding. I’m putting up 100 percent of my own money.”   Just not true. Factcheck.org:  “Trump denied ever criticizing Facebook founder and CEO Mark Zuckerberg, as well as Marco Rubio, with regard to the H-1B visa program. But he actually did so — in his very own immigration plan on his own website.”Politifact.com  fact checking of Trump in categories of true, mostly true and half true is 15% in total.   Obama scores 75% and Hillary Clinton 81%.  Both Obama and Clinton had many more facts checked.

Fact checking the debates

Trump’s Record

Stay tuned,

Dave

Who definitely not to vote for

Rand Paul and Ted Cruz.  Probably Marco Rubio too.  They are not willing to pass a clean debt ceiling increase, which we need to avoid disaster.  We will see how the rest muddle through the question on Wednesday’s debate on whether to raise the debt ceiling.

We don’t want a president who lacks any government experience or who is so extreme that they would cause great harm to the US credit rating.

Stay tuned,

Dave Lord

Graham Ledger on the debt ceiling

Graham Ledger of OANN (One American News Network)  said that congressmen should look up the word “ceiling”  because if they keep raising it, it isn’t a ceiling.   And I agree that it is a misnomer.   I will call it “Economic self destruct time bomb.”

There’s nothing constructive about the debt ceiling.   It doesn’t limit spending.  It doesn’t limit our debt.  It  empowers the government to pay its bills.  It doesn’t exist in other countries.  It is an anachronism.  It really  should be eliminated because it is being used by minority groups to try to extort from government what they couldn’t do by the democratic process in Congress- like defund Obamacare.

The day after Congress refuses to increase the debt ceiling,  the US debt will be just the same and  be over the debt ceiling limit.  Debt increases when spending exceeds revenue.  The cure to debt is to cut spending or increase revenue, not plunge the country into economic chaos.

If the President continues to pay bills after Nov 3,  he  and the Secretary of the Treasury are in defiance of Congress and subject to impeachment.  If he does not pay the bills, the US is in sovereign default.

What have other President’s done in similar situations?   Nothing, because Congress has always raised the debt ceiling. It used to be automatically attached to spending bills.

“Economic self destruct time bomb” is more appropriate.   It has been at the door of congress since March  together with the instructions to defuse this bomb – pass the clean debt ceiling increase.

Stay tuned,

David Lord

Like I have been saying ….

Debt ceiling

From Politico:

Now, House Republican leadership is saying Democrats need to give up something in order to convince a “minimum number” of GOP lawmakers to avoid a lapse in the borrowing limit.

House Minority Leader Nancy Pelosi (D-Calif.) bashed Republicans for their disarray on the debt ceiling during a news conference on Thursday.

“It’s only a matter of hours until we have to act in the House. We have to act really by tomorrow. This calendar of chaos … is really coming down to hours, days, weeks,” Pelosi told reporters.
Read more: http://www.politico.com/story/2015/10/house-republicans-debt-ceiling-scramble-215082#ixzz3pcdSSSM3

http://money.cnn.com/2015/09/14/news/economy/debt-ceiling/index.html?iid=EL

http://money.cnn.com/2015/10/22/investing/debt-ceiling-treasury-cancels-auction/

Trump wants a “pound of flesh”  in exchange for a debt ceiling increase.

Stay tuned,

Dave Lord

Buckle up- Nov 3

We will not have money to pay our bills on Nov 3.

Please write this 1,000 times.  Failure to pass the debt ceiling increase doesn’t mean a government shutdown.  Failure to pass the debt ceiling increase means defaulting on our debts.  It has never occurred before.  It should never occur.

The effects will be long lasting.  US  credit rating will be lowered.  The stock market will crash.  Those with retirement accounts will be severely impacted.

If I was a congressman,  I would just pull out my rubber stamp, saying Yes and be done with it. All Democrats will vote for the increase.

But that isn’t enough.   Ask a Republican if they would pass a clean debt ceiling increase, and they’ll change the subject in a minute.   They’ll  talk about how bad things are, we spend too  much on this and that.

Rubio,  Cruz and all the rest of them.

Stay tuned,

Dave Lord

Benghazi- A Libyan Perspective

Not many folks in Miami have been to Libya. I have been there twice, once in 2011 just before the civil war, and again in 2013, after the war was over. I was a petroleum engineer consultant to oil companies run by Libya, so I interacted with Libyans everyday. I was there when the civil war first erupted in February 2011 and came back in 2013, after the war was over By mid 2013, peaceful conditions had been established

In 2013, I worked in Tripoli, Libya. Frequently, I would walk to Martyrs’ square for shopping or a meal. There, in the Plaza, would be plywood replicas of coffins, each with photo of a Libyan who died in the 2011 civil war. An end of a civil war is both joyous and terribly sad. Streets leading up to Plaza were filled with the new flag of Libya. Books critical of Gaddafi were shown in front of many stores. No one would have dared display such books in 2011. Libyans could enjoy the freedom of expression which we take for granted.

I was very interested in how Libyans viewed President Obama. I never had to ask, the Libyans told me soon after I told them I was an American. From taxi cab drivers to people in restaurants, and those Libyans I worked with, I heard the same message, “Obama saved us.” Or sometimes, it was “Sarkozy and Obama saved us and the people of Benghazi.” The French President Sarkozy was just as much a hero to the Libyan people as Obama. It never went much beyond this, and I heard little praise for Secretary Hillary Clinton. Perhaps, because they did not know the role she had played in defending the Libyan opposition.

Gaddafi was a violent and ruthless dictator. Protesters gathered in Martyrs’ square to protest his government in February 2011. Soldiers with machine guns sprayed bullets from helicopters into the square to disperse the crowds.

Benghazi to Americans is where four Americans died as a result of the attack of their Embassy. Benghazi to Libyans is a city that the Americans and French saved from destruction. There was no city that Gaddafi hated more than Benghazi. In February 2011, groups opposed to Gaddafi had over run an armory, and now the protesters had weapons and would shoot back. Everyone in Libya knew Gaddafi’s next step would be a massive aerial bombing of Benghazi.

If the US did not push through the “no fly” policy in the UN in early 2011, Gaddafi would have leveled Benghazi, first from the air and then with ground soldiers. I remember how he shouted from Martyrs’ square how the protesters had committed treason and the punishment for treason was death. How many of the 670,000 Libyans would have died in early 2011, if Americans and French planes had not prevented the Gaddafi’s armored division and mercenary soldiers as they approached Benghazi?

I do not want to belittle the deaths of four Americans, nor the numerous warning signs of violence. The group responsible for the destruction of our Embassy is not representative of the Libyan people.
When the Embassy fell, there was a genuine feeling among the Libyans that they were to blame, and they had let their dear friends die. After the attack, I received emails from my Libyan friends, showing the flowers Libyans had placed at the Embassy. One posting from a Libyan summed it up perfectly, “Sorry, Sorry, Sorry.”

Stay tuned,

Dave Lord

A pound of flesh for Republicans??? Gross stupidity

We have until Nov 3 to avoid defaulting on our debt.   Trump wants Republicans to “extract a pound of flesh” in return to approving a debt ceiling increase.  Exactly what the pound of flesh would be,  Trump wouldn’t say, but it’s obvious that there has to be something there for Trump to say that the Republicans won on the debt issue.

Jack Lew talks about self inflicted wounds on the American economy.   Trump gets a bit more graphic,  but no substance.

Republicans +1,  US  -100.

There is no issue. Or perhaps I should say that there is no issue of substance.     We spent the money, now we have to pay up.

If you attach conditions to a debt ceiling bill,  you are destroying the democratic process by letting a small minority extort demands in return for doing what we have to do to avoid sovereign default.

Trump likes that as it draws attention to him.  Saying how stupid the Obama government because they keep increasing the debt gets higher ratings.   Blaming Obama for the national debt is really dumb, as it has been grew under both Republican and Democrat Presidents.

Sovereign default  is, unfortunately,  highly destructive to our economy and businesses.  And unnecessary.

We have never defaulted on our debt payment,  counter to the nonsense coming out of  Fox news,

The Tea Party could care less about the ramifications of not paying our debt.   It  just wants more Fox news  air time on the  trillion dollar debt.

Stay tuned,

Dave Lord

 

 

 

 

Don’t Vote

You have the right to vote.  Nobody says you have to vote.  Yes, I know both Republicans and Democrats are saying all Americans should vote.  I’m suggesting just the opposite- this country would be a lot better off if some people just sat home and didn’t vote.

If you haven’t bought a read a newspaper in two years-  don’t vote.   If you can’t remember if Obama is a Republican or Democrat – don’t vote.  If you can’t name one of the justices on the Supreme Court – don’t vote.  If you can’t name two branches of government (I mean any 2 of the 3 branches) don’t vote.   Hint: the US Post Office is not a branch.  If you think Syria is next to Kuwait or Malaysia- don’t vote.

If you think of electing a president because you are mad at some decision made by the Supreme Court- forget it.  It isn’t going to happen.  Not the Obamacare, abortion or the right of gays to marry on the liberal side, or ruling unconstitutional gun control and campaign finance on the conservative side.  Not going to be heard again and decided differently.

If you don’t care about politics, you have every right (see: Pursuit of Happiness clause) not to vote.  If you do vote, and the person you voted for wins,  it is partially your fault.  I mean a very small fraction, but do you want this responsibility?

Stay tuned,

Dave Lord