A Poll Says Americans Love Guaranteed Jobs

from IBD:

Nearly Half Of Americans Embrace ‘Guaranteed Jobs’ — An Idea Straight Out Of The Soviet Union

“Guaranteed jobs” is fast becoming the latest rallying cry for Democrats. And a new poll finds that 46% of Americans approve of it. Don’t read too much into that poll result.

Last week, we noted that a liberal policy group urged Democrats at a leadership meeting to adopt “guaranteed jobs” as a pillar of their economic plan. In short order, Bernie Sanders said he would soon unveil his plan to achieve that. Under it, anyone who “wants or needs” a job but couldn’t find one on their own would be guaranteed a government job paying $15 an hour and generous benefits.

Other prominent Democrats have latched on to this plan, including those with presidential ambitions like Sens. Kirsten Gillibrand and Cory Booker. read more

WND Exclusive – GAO: Government Wastes Billions — Who Knew?

Earlier in the week, I wrote a column about how our federal government overlords have a penchant for giving our money away as if it were their own. And often times the money goes to the undeserving. In it, I concentrated on a $1 million payment the Justice Department is gifting to the state of Florida, city of Parkland and Broward County to help defer the costs of the massive response to the Parkland school shooting. My beef wasn’t just the million-dollar gift, but that the feds were in effect rewarding them for the incompetence of the cowards of Broward County – that it would not have cost so much if the deputies had done their jobs in the first place.

Fortuitously, a day later, the Government Accountability Office (GAO) released a 33-page report chronicling wasteful government spending. Who knew we had a governmental office that actually cares about what the feds spend our money on? read more

Stop Giving our Money Away

by: Brent Smith at the Common Constitutionalist

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Ever wonder why it takes multiple trillions of dollars to run the federal government? And why, no matter how large the federal “budget” gets, we never have enough?

We all think of waste, fraud and abuse, but there is another contributing factor. It’s death by thousands of cuts.

The feds give money away like it’s theirs to give. It’s not. It’s either ours or it’s borrowed. Either way, we will be the ones who have to pay it back and pay interest on the massive and ever growing debt.

A million dollars is a lot of money to you and me. But to the feds, it’s almost incalculable. It’s like you or me dropping a penny on the street. As it rolls away, would we chase the coin in our want to retrieve it? No we wouldn’t. Very few would do such a thing. It’s only a penny after all. It will hardly be missed. But if you start rolling thousands of pennies, it will eventually add up to a sizeable amount.

Well it was reported on Monday, that the Department of Justice rolled a million dollar penny down the street and it ended up in Florida. read more

WND Exclusive – The Reparations Movement: Alive and Absurd

The reparations movement for leftist blacks in America may have just hit the jackpot. All this time they have been trying to vilify the right and turn the government to their cause, and for decades they have essentially missed the mark.

What is the Reparations Movement?

Well, according to the website, “Reparations Movement for Justice,” the movement entails, “Restoration, Restitution and Reparation. This is for Money, Gold, and Land Owed to African Americans (The Freedman Bureau Bill: 400 Years of Back pay).”

Is that back pay with or without interest, and would it be adjusted for inflation? Just questions that need to be answered. read more

Public Sector Pensions are a Ticking Time Bomb

from IBD:

Bankrupt Public-Employee Pensions: The Next Big Financial Crisis?

As the media relentlessly focus on the federal government’s burgeoning debt, a new report says that states face their own ticking debt bomb: the exploding liabilities for lavish state and local public-employee pensions. Reform won’t be easy, but there is no choice.

A new report by the Pew Charitable Trusts shows that the problem is getting out of hand. In 2016, the most recent full year for which data are available, states were more than $1.4 trillion in the red. Pension debt has increased for 15 straight years, and shows no signs of abating.

Indeed, as Reason blogger Eric Boehm notes, “The really scary part is that pension debt keeps increasing despite the fact that taxpayers’ contributions to state-level pension plans have doubled as a share of state revenue in the past decade.” read more

The Progressive Socialist State of California

Guest Post by John Velisek: 

Progressive socialists have taken over a once glorious state, full of opportunity, new ideas, and weather that most in this nation would fight for. I arrived in California during my Navy career and stayed because I thought the shiny sparkling California I saw at the time would remain the beacon for the rest of the country. California has always been called the tip of the spear of changes in this country.

The spear of change has been turned on the people of this state, of which, unfortunately, I am still one. A wave of progressive social policies has been forced upon those people in the middle class who still work. The effort that these workers show leads to nothing but high state taxes, higher gas taxes, higher costs of living and housing due to restrictive land-use regulations.

Leading the nation in the number of homeless in our cities, and illegals throughout our State has reached epidemic proportions. A drive through Los Angeles, San Francisco, or any other major city in California will show countless homeless, immigrants and illegal aliens living on the street, making entire sections of the city uninhabitable. Business is leaving in droves, no longer willing to pay high taxes and adhere to devastating business regulations.

California is willing to follow progressive socialist business regulations to send as much money to the State and close out the opportunity for business growth. California ranks 48th in the Tax Foundations 2018 State Business Tax Climate Index. After the businesses were destroyed, our Governor Jerry “Moonbeam” Brown rammed through Proposition 30 increasing sales and income taxes, also destroying the Californian middle class. read more

People are Avoiding Doctors due to ObamaCare

from the Blaze:

Obamacare is now so terrible, people aren’t going to their doctors — even when sick

When the Affordable Care Act was passed in 2010, its supporters celebrated the legislation, calling it a landmark bill that would make Americans healthier and lower health care costs for families. Eight years later, it’s clearer than ever the ACA’s “Obamacare” exchanges have done quite the opposite. Not only are health care costs skyrocketing, the health insurance provided by Obamacare is so expensive for people to use that millions more Americans are now choosing not to go to the doctor — even when they’re sick or injured. read more

Janet Yellen sees Nothing Wrong with Massive Entitlement Spending

by: Brent Smith at the Common Constitutionalist

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In 2015, about 65% of the entire federal budget of $3.8 trillion was spent on entitlements like Social Security, Medicare, Medicaid, housing assistance, and such. But this can’t possibly be the cause of the national debt and permanent deficit spending. No – of course not. It’s the Trump tax cuts that are killing us. The fact that they’re only months old is completely immaterial.

The socialist Nanny-State has been constructed over a period of about 80 years, where as tax cuts have been few and far between, happening only four times since JFK initiated the first. Yet are we expected to believe that it is not entitlements which are blowing up the budget, but tax cuts.

Now what idiot would believe such a thing? Unfortunately, considering the source of the claim, many will tend to believe such a ridiculous assertion.

And the source is none other than Janet Yellen, former Chief of the Federal Reserve. She also served as Chair of President Bill Clinton’s Council of Economic Advisers – so she’s got that going for her. read more

Podcast – Let’s Not Read the Bill – Let’s Just Pass it

by Brent Smith at the Common Constitutionalist

Ah – the Omnibus spending bill. I guess they have to call it that instead of using its proper name. The all-you-eat crap sandwich bill. Or maybe they could’ve gotten more creative and use the old Army slogan: “Be – all that you can be.” Something like: “Spend – all that you can spend.” Unless it’s for a border wall or increased security. Then – tough luck.

The government loves their acronyms. No body likes “omnibus.” Instead of omnibus, why didn’t they use something like:

Creative Revenue Appropriations Proposal, or its acronym: CRAP.

Fact is, Congress and the Senate are just criminals – thieves on the grandest scale. They steal our tax dollars, for all intent and purposes, at gun point, and give it away as they see fit, explaining that is not theft because they are using it for the good of society.

That’s like crooks stealing your car to use as a getaway vehicle for a bank robbery, but it’s all right, because once they’re in the clear, they promise to donate your car to charity… read more

Has the Tariff War Begun?

from Zero Hedge:

Here It Comes: China About To Launch “Tens Of Billions” More In Tariffs

This morning the market has been on edge over, and traders are obssessed with just one question: how will China retaliate to Trump’s trade war and tariffs… further. After all, the initial response of a modest 15-25% tariff on $3 billion in 128, mostly agricultural, products, seemed laughably small and appeared to be more of a warning shot than a real response to Trump’s $50BN in Section 301 tariffs.

One answer was revealed moments ago when as we reported that China’s ambassador to the US Cui Tiankai did not rule out the possibility of scaling back purchases of Treasuries in response to Trump’s tariffs. read more