I’m Back …….Well Nearly

“Fight Against Stupidity And Bureaucracy”

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Hi folks. Hope you are all keeping well. I’ve missed you. Hope you can say the same.

I’m back, sort of. I had a sudden enforced blogging break thrust upon me when I received an SOS from a good friend of mine. His company was in need of help.

desk full of files
I thought at the time that it would be a two week job at most, but when he said he was in trouble he wasn’t kidding. We’re still not done, but at least now things are looking a little bit better.

I’m in “Yurp” right now, watching the refugees take over. More of that in a future post perhaps. In the meantime take Trump’s advice a close your borders or you’ll end up like this place.

refugees europe
I could have done some blogging when I was travelling around, I certainly had plenty of time at airports, in between flights and wading through the dumbest security checks you could imagine, but I wanted to take a bit of time to prepare my next post. Hopefuly I’ll get to it next week.

Meantime, if you can believe WP stats, this blog has whizzed through the 200,000 views landmark without me and there are actually MORE daily hits now than when I was blogging almost every day.

Do you think the world is trying to tell me something?

Maybe I should stay away?

Actually I don’t know whether to be pleased that I have created something with a life of it’s own or dismayed that I’m not really needed.

puzzled
Now in an effort to get some of my dignity back I think I will indulge in a quick gloat.

This is not going to be pretty so feel free to skip over this bit if you haven’t got a strong stomach.

I’m having a laugh at the stupidty of the Fed again and the dumb financial journalists and fund managers who hang on their every word despite a mountain of evidence that should lead them to do otherwise.

Federal Reserve

The Fed has wimped out AGAIN. Lost their nerve. Promised and hinted and leaked stories to the financial press for months that an interest rate rise was imminent – and then they bottled out.

No surprise to me. At the beginning of May I wrote a post explaining why they wouldn’t put up interests despite all the pifle they were saying. (if you want to read it  click here.)

Then in mid-June I did another one ( click here for that one), saying there was no way the Fed could make good on their threats to raise the rate in September.

Of course nobody listened and the meeting on Thursday was one of the most anticipated Fed meetings of all time. And it all came to nothing. No interest rate hike.

And I don’t think they’ll do it next time either. There’s talk about December, but as far as I see the Fed’s hands are tied and rates are going to remain at zero or close to it for years.

Good news for borrowers. Not so good for savers with all the traditional yield opportunities such as bonds, Treasuries and bank CDs offering little or no returns. If you have cash to invest you should be looking at solid low risk undervalued stocks with a decent dividend. Otherwise your savings will be eroded by inflation for at least another year, proably longer.

Having said that, no rate hike is on balance good for the economy as a whole.

That will do for the gloating for now. Not sure when the next post will be exactly. Hopefully next week so if you’re interested keep a look out for that.

Meantime warmest regards to everyone who visits – even when I’m not around.

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There’s No Fact-Checker Like A Fact-Checker Checker.

“Fight Against Stupidity And Bureaucracy”

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washington post fact checker pinocchio

I’m a great man for facts.

Even a cursory glance around my blog will confirm that. Every week I try to post some.

Facts are good things. Many other people seem to like them too.

Except for one particular group.

Liberals.

Facts always seem to get in the way of whatever it is they are trying to force us to accept.

Donald Trump open mouth

Enter Donald Trump into the story.

The Donald has caused a lot of controversy lately with his illegal immigrant pronouncements. Cowards like the management of Macy’s, NBC, Univision etc., have made knee-jerk decisions and run from the controversy without taking any time whatsoever to check the facts.

It’s the way Americans have been conditioned to behave when someone says something controversial about a minority or a minority view point.

The hardly impartial Washington Post has been in the forefront of the media critics and, of course, we have also had media mogul Rupert Murdock chirping in against a political candidate who is too rich to fit into his pocket.

But what did Trump actually say?

And do the facts support him or not?

Unlike Macy’s and the rest, let’s take a little time to have a look.

cops arrest illegal

Trump said that some undocumented immigrants commit crimes in the U.S. and in fact they do. He did NOT say ALL Mexicans and he did NOT include Hispanic U.S. citizens, which is what his detractors are trying to infer. In fact from the reports I have read I do not think he quantified it at all.

Trump did, however, strongly ‘imply’ that undocumented immigrants are more criminal than the average U.S. citizen.

The Washington Post “fact checked” this and found it to be ‘false’. The problem for the Washington Post’s fact-checkers is that some of the data shows otherwise.

For example, a 2011 Government Accountability Office report (GAO-11-187, Criminal Alien Statistics, March 2011, to be precise) opens with the sentence,

“The number of criminal aliens in federal prisons in fiscal year 2010 was about 55,000, and the number of SCAAP criminal alien incarcerations in state prison systems and local jails was about 296,000 in fiscal year 2009 (the most recent data available), and the majority were from Mexico.”

‘SCAAP’, by the way, is the ‘State Criminal Alien Assistance Program’ which means aliens illegally in the United States at the time of their incarceration.

As for federal prisoners, the GAO states, “In fiscal year 2005, the criminal alien population in federal prisons was around 27 percent of the total inmate population, and from fiscal years 2006 through 2010 remained consistently around 25 percent.”

US-GovernmentAccountabilityOffice-Logo.

The Government Accountability Office figures also show that in 2009 the total alien – i.e., non-U.S.-citizen – population in the United Sates was about 25.3 million, which included about 10.8 million aliens without lawful immigration status – illegal aliens in other words.

The total population of the U.S. at that time was approximately 306.8 million. Non-citizens comprised 8.25% of the population and illegal aliens about 3.52%.

If you compare the percentage of illegal aliens in the population as a whole (the 3.52% mentioned above) with the percentages of illegal aliens in the prison population, namely 25% in 2009 and almost 39% in 2013, it is clear that their crimes are well in excess of their proportion of the population.

More numbers.

The FBI’s records show that there were 67,642 murders in the U.S. from 2005 through 2008, and 115,717 from 2003 through 2009.

The GAO estimates “criminal aliens” were arrested, convicted and incarcerated for 25,064 homicides. That means they committed 22% to 37% of all murders in the U.S., while being only 3.52% to 8.25% of the population.

Therefore the facts confirm that criminal and illegal aliens commit murder at much higher rates than all inhabitants of the U.S. – at least 3 to 10 times higher.

immigration_origin_of_illegal_immigrants

Although I have not had the time to crunch the numbers further, what you have just read could be a very conservative total because the FBI doesn’t get itself involved in all homicides, most of them are handled at state and local level.

Based on the erroneous research of their misnamed “fact-checkers”, the Washington Post alleged that Trump’s statements were only underscoring  “a common public perception that crime is correlated with immigration, especially illegal immigration”.

It went even further, stating that Trump’s repeated statements about immigrants and crime were a “misperception” and that there was “no solid data support it”.

The Washington Post fact-checkers obviously did not take the time to check the facts in the GAO reports, which as we have seen actually do support the perception trump is vocalizing.

Apparently there is no fact-checker like a fact-checker checker.

Where are Ben Bradlee, Bob Woodward and Carl Bernstein when you need them?

Carl Bernstein, Ben Bradlee, Bob Woodward

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The Entertainer Continues

“Fight Against Stupidity And Bureaucracy”

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donald trump thumbs up

If Donald Trump has done nothing else, apart from entertaining us, he has raised some uncomfortable truths for Americans to face.

For too many years people in America have had the luxury of sitting on the fence, avoiding taking stands on moral issues, or issues affecting minority groups in their country.

They’re frightened.

Frightened of looking like cranks.

Frightened of pseudo-intellectuals (who really know very little) mocking them.

Frightened of not being part of the herd.

Frightened of not appearing ‘nice’.

Lower that Confederate flag and raise a white one, quick!

Dear help us.

Confederate battle flag flies in South Carolina
Confederate flag comes down at South Carolina Capitol after half century

People, and not only in America, have been conditioned to act the same, buy the same gadgets, watch the same TV shows and even dress the same. If it continues they’ll all be dressed in similar suits like China in the days of Chairman Mao, only with little red smartphones instead of little red books.

More importantly than all these, the people are being conditioned to ‘think’ the same. ‘Sheeple’ are easier to control than ‘free thinking people’ and as we know it is all about control.

When I said they’re ‘frightened’, I meant Americans have been conditioned into being afraid to stick their own heads above the parapet.

But when occasionally someone does it for them then they secretly cheer – but not too loud mind you in case someone hears.

That’s why Trump enjoyed a surge in the polls after his remarks about illegal immigrants and how they are not all perfect human beings. Everybody knew it but were afraid to say it.

The political elites, most of them anyway, would never be caught saying what they really think – in public. Admittedly Trump said it in his own brash and loud style, but at least he said it.

You don’t have to agree with him – far from it – but you do have to acknowledge that he said what many thousands of ordinary Americans were thinking yet were afraid to say.

Many of these ordinary Americans are probably living in areas where there have been massive influxes of immigrants. They know how it has affected them. In these areas English has become a second language. Social problems have increased and crime has gone up. And everyone is afraid to say why.

More to the point, they know from first-hand experience that this new ethnic diversity has failed to provide the benefits that the liberal political elites promised it would.

Facts are facts are facts.

the-american-dream

Many people have come to America to live the ‘dream’ and better themselves. But many others have come to take advantage of what they regard as a soft target for crime.

Many of Trump’s critics are just as guilty of trying to get publicity for themselves as perhaps Trump is making the remarks in the first place.

But the critics exhibit a sadly familiar and predictable pattern. They see an empty talking head on TV, think it’s smart, and then say the same things or a slight variation thereof. That makes them think they look smart too, except of course it doesn’t, because the talking head on TV was empty, not smart at all.

Many of these detractors have gone so far as to say that Trump’s remarks are not “presidential”.

The big question, that unfortunately is not being asked in blazing headlines in the media, is why in America today is it not ‘presidential’ to tell the truth, or to give a true expression of what you believe?

If that is now really the case then it is a sad reflection of American society and not something to be proud of.

You have another choice though.

If you want a liar in the White House there’s always Hillary.

hillary clinton liar

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I Said He Would Be Entertaining.

“Fight Against Stupidity And Bureaucracy”

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donaldtrump

Say what you like about him, but he is entertaining. Trump is already making what was looking like one of the dullest election campaigns in history into something worth looking at – just now and again though.

The latest nonsense comes from the business world, namely Macy’s, NBC and Univision.

Macy’s has decided to drop Trump-related merchandise, and the other two are going to break off ties (pun, tee-hee!) with the Donald.

The Macy’s decision is fairly clear, they’d rather run away from controversy and lose money than ride out the storm. I wonder do they sell goods manufactured in the sweat shops of the world, often by children? Maybe we should look in their hypocrisy department – fourth floor next to the white flags if I remember correctly?

waving white surrender flag

However, no one knows exactly what the NBC and Univision decision means in practical terms. For example, will they sell their half of the Miss USA and Miss Universe pageants and if they do who will they sell it to? Or will they buy Trump’s half which will mean giving him top dollar for the shows because I don’t think he will let them away softly. In fact he would be within his rights to sue NBC for breach of contract relating to the pageants if this dodgy decision leads to a cancellation.

Either way it will be more wealth for Trump, which is probably what the move was designed NOT to do when they were thinking about it. That’s assuming they did think about it, which appears increasing unlikely.

trump two fingers

Neither has NBC given great thought as to who is going to host “The Apprentice” in a post-Trump era. They’ve hinted that they are going to look for a new star to replace Trump on the long-running reality show, but he’ll be a hard act to follow. Maybe it’s a chance for another dose of the limelight for the Shark Tank’s Mr Wonderful or even Mark Cuban, both of whom seem to thrive on the small screen and both of whom seem to have egos on the grand scale.

This hasty decision also leaves a BIG question mark about the partiality of these TV companies during the election race. Will they – or perhaps better, can they – continue to cover Trump fairly as a presidential candidate?

Former President Bush, President Bush and Governor Bush depart the christening ceremony of the USS George H.W. Bush in Virginia

Then there’s former Florida Gov. Jeb Bush, part of the Bush, Bush and Bush super wealthy and well connected dynasty who want the big seat in the White House again. Jeb has said his decision to run for the Republican nomination will be based on two things: his family and whether he can lift America’s spirit.

After the great job his father and big brother did as President in lifting America’s spirits (a little sarcasm there) how could the voters do anything other than make him the GOP Presidential candidate? Oh dear me!

Despite the family history, Bush seems to be making good progress so far. But he had an easy start, because prior to the arrival of Trump on the scene he had no high profile rival. He still holds a significant lead over the second-place Trump.

Some think Jeb Bush would be the best candidate to handle illegal immigration and social issues. Just like his brother perhaps, see video.

On the economy Trump would probably be favorite, especially after the way Dubya Bush let spending go out of control during the latter stages of his war-mongering Presidency.

Apart from these two, although there are numerous others in the field,there does not seem to be any other close runners. Not yet anyway. But things in election races can always change suddenly as a skeleton or two tumble from their closets.

Trump is trying to capitalize on his business background. There is no doubt that that gives him an advantage over the career politicians. In business Trump lives or dies by his decisions. As for the Senators and Governor would-be’s, they are used to other people paying for their mistakes not them personally. It’s a significant difference in the mindsets of the two types of contender.

There is no doubt that Trump is correct when he says that the “American public is ready for a leader with a proven track record of success.” This is particular so after eight years of a dithering Obama administration.

Whether or not “Eighty percent of Central American girls and women are raped crossing into the United States,” one would have thought that America was ready for someone who wasn’t afraid to tell it how it is, instead of trying to pander to every minority viewpoint be it legitimate or crazy.

In politics a bit of controversy is always…

what’s the word….

“Entertaining?” That’s it.

trump with hand mic

As if to emphasize the fact, contrast what is going on in the Republican camp with the Democrats.

Hillary Clinton launched her presidential bid via a lackluster video message on social media way back in April and she continues to be the overwhelming front-runner among Democratic hopefuls for the White House job.

In fact the Democrat competition has turned into an amalgamation of Dullsville & Boringtown. There’s only one horse (make that horse’s ass) in the running. What she needs to blow all that cash for I don’t know. Build a hospital ward for the poor you dummy, you’re already selected.

hillary rodham clinton presidential bid 2016

Vice President Joe Biden, who has twice before made unsuccessful bids for the Oval Office – in 1988 and 2008 – might make another one, unsuccessful one that is. Recently he has said he thinks he’d “make a good President.” He is perhaps basing that on comments in the press that he is known for his foreign policy and national security expertise. He shouldn’t, because during the past eight years he has shown absolutely no grasp of either foreign affairs or national security.

Of course, it may well be that come the actual Presidential election next year, it will be Jeb versus Hillary and dull as they are the Democrats may win again. In a democracy the voters sometimes get it wrong.

In the meantime I’m still finding the Donald’s entry into the fray, what’s that word again….

“Entertaining!”

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Barrack Obama – You’re Fired!

“Fight Against Stupidity And Bureaucracy”

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trump announcement

So he’s finally gone and done it.

He nearly did it before.

Then he thought about it, and then he didn’t do it.

But this time he has done it – for now anyway.

Love him or hate him there is one thing for sure – a Presidential campaign with Donald Trump fully committed is going to be a lot more entertaining than one with Sarah (what day of the week is it?) Palin, Jeb (not another one) Bush, or even Hillary (no, really I’m not lying) Clinton.

jeb bush

Donald Trump’s show of wealth for some may sometimes border on the vulgar, but he is the personification of the American success story. He’s made a fortune, and more than once.

But is Trump equipped to be President?

Or perhaps a more appropriate question, is Trump better equipped to be President that the other hopefuls?

Whatever way you phrase the question I think the answer has to be ‘Yes’ he is better equipped. Not that that says a lot when you look at the other contenders.

Trump has made his own way in life, done deals, hired and fired, negotiated hard, got value for his money, and done a lot of it in New York City which is not the easiest place to succeed in real estate.

trump tower

Contrast that with some of the other would-be’s who have spent much of their lives as the political mouth pieces for whoever could pay them the most.

Trump is also an entertainer and a man full of charisma – you know when he has walked into a room.

He and his name are also well known, which is a very big plus in an election. It means that he can and will appeal to conservatives like himself (tough on foreign policy, pro-NRA, pro-business and jobs, etc), but also to undecided and independent voters in much the same way as Ronald Reagan was able to do.

celebrity apprentice boardroom

He also has the money to fund his own campaign if he chooses to do so. It is a big plus both for him and for people thinking of voting for him. Trump will not have to end up in anyone’s pocket post-election and he can start his campaign right away rather than waste time accumulating vast war chests of cash.

He’ll also find that he will have to spend less than the others to get his message out there. He won’t have to pay millions to get on to TV because when the people want to hear what he has to say the media simply cannot ignore him.

Trump is also used to getting his own way and used to winning. His ego is huge and won’t allow him to approach the battle half-heartedly.

He’s also got an attractive wife, more reminiscent of Jackie Kennedy than some of the frumps we have had to put up with before and since. But I suppose that is a sexist remark these days and should be disregarded – although believe me it won’t be by the voters.

Trump’s detractors will be both vociferous and numerous. The GOP hopefuls , mostly a collection of Senators and Governors, will not like him stealing whatever little thunder they may think they have. The Democrats, especially Hillary will be cursing the fact that the GOP has someone who can cast a very big media shadow over them. And a lot of the pseudo-intellectuals who commentate on things political will poke fun at Trump, although it will be a tough job for them to find a better equipped candidate in either party.

hillary clinton

All in all then a presidential election with Trump involved is a much better prospect than one without him.

That doesn’t mean he’ll be the next President.

It doesn’t even mean he will win the nomination.

But it does mean that we have more fun finding out who will do both those things.

Trump has about another two weeks to file his papers with the Federal Elections Commission to make his candidacy official. Let’s hope he really does run this time, he’s going to look pretty silly now if he doesn’t.

As I said earlier, more than anything else Trump is an entertainer.

I’m looking forward to being entertained.

Roll on 2016.

2016 presidential election race

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