Wednesday, June 25, 2014

Politicians Say The Darnest Things And Most Idiotic Things, Part 3: Featuring The Ramblings Of Nancy Pelosi and Other Washington Denizons

We have spent the past week or so reviewing political class myths and all of the inane quotes from our politicians in support of these myths or in support of the proof that we are being served by the worse set of politicians in the history of the country. The myths they try to pawn off on us and the unbelievable quotes and nonsense that comes out of their mouths would be pretty funny if the consequences of their myths and words were not so serious.

As they fumble around with out of touch stories and denial or ignorance of reality, the major issues of our times, e.g. failing public schools, illegal immigration, a lost war on drugs, a disastrous foreign policy, terrorism, etc., go unattended. Their priorities are certainly screwed up relative to what needs to be done in this country, as today’s quotes fully illustrate:

1) Quote: “Today less than 2 percent of our ocean is considered a marine protected area where there are some restrictions on human activity in order to prevent contaminating the ecosystem. Less than 2 percent of the entire ocean. There isn't anybody here who doesn't believe we can't do better than that. So let's start by finding a way to perhaps bring that number up to 10 percent or more as soon as possible.” Secretary of State John Kerry
Comments: Let’s review: Iraq is imploding and being overrun by a terrorist horde of maniacs, the Ukrainians and Russians are shooting at each other, drug cartels are taking over Central and South America, our arch enemy is about to intercede on Iraq’s behalf, Syria is being torn apart by a civil war, Nigeria is facing a massive terrorism problem, Somalia is still lawless, China is flexing its military muscle in Southeast Asia, and John Kerry, our top international diplomat, is worried about the ocean and taking time out of his day to make a major presentation on the percentage of the oceans that are protected. 

I am all for protecting the vitality and health of oceans. But come on, John, the world is falling apart and that is where your focus should be, not on a percentage of oceans being protected. Pathetic set of priorities.

2) Quote: “They [Congressional Republicans] have an amendment that recommends more white potatoes than intuitionists recommend.” Nancy Pelosi talking about an agricultural bill in the House.

Comments: Really? One of the most powerful politicians in the country and the world, in light of the problems we mentioned above that John Kerry is ignoring, is taking time out in a press conference to discuss how many white potato servings kids should be eating? Really? 

I am all for combating obesity in this country, especially for our kids. But we have over 20 million Americans under employed or unemployed, our national debt is closing in on $18 TRILLION, our southern border is facing a massive juvenile humanitarian crisis, and Nancy Pelosi is worried about white potatoes. How scary is it that she was once third in line for the Presidency behind Obama and Biden.

The video of relatively incoherently trying to make the case against white potatoes can be seen at:

http://www.ijreview.com/2014/06/147563-pelosi-vows-fight-deadly-assault-dreaded-white-potatoes/

3) Quote: "Immigration reform will "reduce the deficit by nearly $1 trillion, secure our borders, unite our families, protect our workers and provide an earned pathway to citizenship." Nancy Pelosi

Comments: As usually, Ms. Pelosi provides absolutely no back up analysis or research to justify the TRILLION number. Since the deficit this year is estimated to still be astronomically high but still less than a TRILLION dollars, is what she saying is that if simply pass some illegal immigration law we will somehow miraculously wipe out the annual deficit and have a Federal government surplus?

Wow, we should have done that years ago, we would have no where near an $18 TRILLION national debt at this point since we would have been running budget surpluses just by making illegal immigrants legal. How simply….and how inane. Doe she even think when she says stuff like this? Every number that has come out of her mouth over the past few years has been sheer nonsense.

4) Quote: “Obama Care Will Probably Save Taxpayers More than a Trillion Dollars.” Nancy Pelosi

Ms. Pelosi must be on a trillion dollar kick lately, seeing as the country can save a trillion dollars a year just by making illegal immigrants legal and the country will save another trillion dollars as a result of Obama Care. Maybe she has not heard but:

  • The original estimate of the ten year cost of Obama Care for the Federal government from the Congressional Budget Office has more than doubled from what it was just a few years ago.
  • An independent actuarial analysis by real actuaries, not politicians, has shown that the cost of health insurance in the individual market has gone up for residents in 45 of the 50 states as a result of Obama Care.
  • The taxpayer is likely going to have to bailout out the financial results of insurance companies that cater to Obama Care customers, requiring tens of billions of dollars of taxpayer wealth to be diverted to another big industry bailout.

Again, she provides no background, data or research to support this wild assumption that Obama Care is going to save anyone or any government entity in his country a trillion dollars. Again, we wonder what the color of the sky is in her world when the reality of the numbers in this world are almost always completely at odds with what she spouts.

More details about her next trillion dollar claim can be seen at:

http://www.theminorityreportblog.com/2014/04/03/delusional-pelosi-obamacare-will-probably-save-taxpayers-more-than-a-trillion-dollars/

5) Quote: “Every dollar invested in this initiative [extending unemployment benefits (UI)] yields $1.52 in economic growth, and an extension of UI could produce as many as 300,000 jobs.” Nancy Pelosi

Comments: Again, she makes these claims without providing any backup. How does she know that every dollar in UI benefits magically results in $1.52 in economic growth? How did she compute a growth in jobs of 300,000 as a result of extending UI benefits? I know of no economist who ever correctly predicted the growth in jobs as a result of a government economic program (e.g. the disaster that was Obama’s economic stimulus package jobs forecast) but somehow Nancy Pelosi knows that 300,000 jobs would be created?

Think through this logically: if she was right, than the best way to get the high unemployment rate down is to make sure that more people are unemployed! You see, if more people were unemployed, more people would be getting UI benefits which would increase economic activity by more than 50% which would create even more jobs. Thus, in her world, the more people that are unemployed, the more jobs that will be created. Insane.

What she does not understand is that by taking money out of the economy and giving it to Washington politicians that give it back out to other people, you have not created anything new or increased economic activity. You have just shuffled some wealth around from one part of the economy to another part, and probably shuffled it around inefficiently, since Washington politicians had their hands all over it.

6) Quote: “Americans can be very confident in the strength of our economy.” Nancy Pelosi 

Comments: She may think we can be confident in our economy but most Americans of this reality would probably disagree. Over twenty million Americans are either unemployed or under employed, economic growth in the first quarter of this year was negative one percent, inflation spiked last month with eggs, milk, and meat hitting their most expensive levels ever, the price of gas is going up again and is about twice the price it was when Obama came into office, the national debt is fast approaching $18 TRILLION and recent opinion polls show that the majority of Americans have no faith and confidence that the current presidential administration can get the job done and an overwhelming majority of Americans think disapprove of the job Congress is doing.

Sorry, Ms. Pelosi, those of us in this world have absolutely no reason to be confident in the strength of this economy.

That will do it for now. Myths, and stories and unsubstantiated numbers, just another week or so for the American political class. And just another week or so when the same people who utter such nonsense were unable or unwilling to attack and resolve the most pressing issues of or times. That is why three steps from “Love My Country, Loathe My Government” are so desperately needed to fix what is broken in our nation’s Capital:

  1. Step 34 - Hold Congressional committees and subcommittees accountable for their respective areas of responsibilities, and remove committee members from their committee posts if they do not meet minimal performance criteria.
  2. Step 36 - Require all members of the political class, upon election to congress or the White House, to take and pass a course on economic theory and principles. This will better help them understand how their actions will impact the lives of Americans, both short term and long term.
  3. Step 39 - Implement term limits for all Federal politicians, one and done.

These three simple steps would go a long way of finally making our politicians accountable to reality and not myths, give them a fighting chance to do the right thing economically rather than politically, and would make sure that folks like John Kerry, Nancy Pelosi, and the rest of the myth builders and inane speakers and quote machines would not be with use for more than a few years.

Now that is hope and change that I could get excited about.


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

www.loathemygovernment.com

It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.

Please visit the following sites for freedom:

Term Limits Now: http://www.howmuchworsecoulditget.com
http://www.reason.com
http://www.cato.org
http://www.robertringer.com/
http://www.youtube.com/watch?v=08j0sYUOb5w






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