Our President spoke today. I’ve reviewed the transcript. I count 45 lies, 7 misleading statements and 3 revelations of his hidden agenda. His speech today, as are most of his speeches, was a comprehensive attempt to mislead the American People. Here’s my take on it:

The President of the United States of America speaks: THE PRESIDENT: “Good afternoon, everybody. I just concluded a productive discussion with the leaders of both parties in Congress.” (One lie. One misleading statement)
REETZALITY: It was not a productive session. The president failed to set forth a single productive result from the meeting.
PRESIDENT: This was one of a series of regular meetings that I called for in the State of the Union because I think it’s important for us to come together and speak frankly about the challenges we face and to work through areas where we don’t agree; hopefully find some areas where we do. (Three lies)
REETZALITY: The President does not believe in coming together and he certainly doesn’t have the capability to speak frankly. If he did, he would reveal his agenda to socialize our nation and fundamentally transform us into something we are not. And Mr. President, “find some areas where we do” agree? Couldn’t you just have each side set forth their agenda and check for over-lap? Our president doesn’t believe in “reaching across the aisle” and for that I give him some credit. I wish some Republicans would act likewise like McCain, Graham, Snow, Collins and Brown. You don’t compromise on principles folks.
PRESIDENT: “Our conversation today focused on an issue that’s being discussed every day at kitchen tables across this country — and that’s how do we create jobs that people need to support their families.” (One misleading statement)

REETZALITY: Mr. President, you don’t create jobs, the private sector does. And just because you might loosen the noose strangling free enterprise doesn’t give you the right to take credit for what occurs with the limited freedom you’ve allowed. PRESIDENT: “I believe that starts with doing everything we can to support small businesses. These are the stores, the restaurants, the start-ups and other companies that create two out of every three new jobs in this country — and that grow into the big businesses that transform industries, here in America and around the world.” (One big lie)
REETZALITY: “Everything we can to support small business?” Really, you shoved your health care down our throats hurting small business. You passed financial reform, hurting small business. You are pushing cap and trade, hurting small business. You are running up debt to the extent that a drunken sailor now seems like a fiscal conservative, hurting small business. You love unions and card check, hurting small business. Thus, you are not doing “everything we can” to support small business.
PRESIDENT: But we know that many of these businesses still can’t get the loans and the capital they need to keep their doors open and hire new workers. (One misleading statement)
REETZALITY: But a lot of small businesses can get the capital, they just don’t want the risk of increased debt given the ominous uncertainty of your agenda. Also Mr. President, unlike your perception of how things work, small businesses not only require capital, they also require opportunity and incentive. The uncertain and ominous cloak of your agenda is killing opportunity and incentive.
PRESIDENT: “That’s why we’ve proposed steps to get them that help — eliminating capital gains taxes on investments, making it easier for small lenders to support small businesses, expanding successful SBA programs to help these businesses access the capital that they need.” (One misleading statement)
REETZALITY: Mr. President, American small business doesn’t want help, it wants liberty from excessive regulation, taxation, unionization, and government control. It is not so simple as just throwing money at the problem. I’ll give you a pass on this one Mr. President since you’ve yet to run a lemonade stand or make any sort of bottom line.
PRESIDENT: “This is how we create jobs — by investing in the innovators and entrepreneurs that have always driven our prosperity.” (Two misleading statements)
REETZALITY: Mr. President our prosperity is not driven by government, it is hindered by government. And for the second time, you don’t create jobs, the private sector does when it is inspired to produce. What inspires production? Profits, and your going to tax them big time. You are killing the inspiration. And do you even know any innovators and entrepreneurs? Didn’t think so, well unless count the Weather Underground and SDS folks as being entrepreneurial and innovative in their anti-Americanism.
PRESIDENT: “These are the kind of common-sense steps that folks from both parties have supported in the past — steps to cut taxes and spur private sector growth and investment. And I hope that in the coming days, we’ll once again find common ground and get this legislation passed. We shouldn’t let America’s small businesses be held hostage to partisan politics — and certainly not at this critical time.” (Three lies. One misleading statement)
REETZALITY: You just said “cut taxes” while your treasury secretary said, two days ago, that you were going to let the Bush tax cuts expire, thus raise taxes. Small business held hostage to partisan politics? Really, so if you all reach across the aisle and decide your “bi-partisan” expansion will be good for business, it will be? Keep dreaming Mr. President.
PRESIDENT: “We also talked about the need to move forward on energy reform. The Senate is now poised to act before the August recess, advancing legislation to respond to the BP oil spill and create new clean energy jobs.” (One agenda revelation)
REETZALITY: Great Mr. President. Rush through a bill that will be swarmed in earmarks and hidden agenda items before the August recess and that will help business? Wrong Mr. President.
PRESIDENT: “That legislation is an important step in the right direction. But I want to emphasize it’s only the first step. And I intend to keep pushing for broader reform, including climate legislation, because if we’ve learned anything from the tragedy in the Gulf, it’s that our current energy policy is unsustainable.” (Two lies)
REETZALITY: It is not an important step in the right direction. It is an awful step in the wrong direction. Cap and Trade, energy reform, what ever faux title you chose Mr. President, has proven every time it is implemented that it hinders free enterprise. As to learning from the Gulf Oil spill, what we have learned is that the government is incompetent in dealing with disasters, even incompetent in exploiting them for self interested nefarious political gain. Ostensibly, the government’s dealing with the Gulf Oil Spill demonstrated that the government can’t even get it right when it’s in their progressive agenda. Also, I don’t think you learned anything from the Gulf Oil Spill other than possibly refined your ability to exploit disaster in order to push your progressive agenda.
PRESIDENT: “And we can’t afford to stand by as our dependence on foreign oil deepens, as we keep on pumping out the deadly pollutants that threaten our air and our water and the lives and livelihoods of our people. And we can’t stand by as we let China race ahead to create the clean energy jobs and industries of the future. We should be developing those renewable energy sources, and creating those high-wage, high-skill jobs right here in the United States of America.” (Eleven lies)
REETZALITY: So Mr. President, then why are you proposing a moratorium on off shore drilling if you are so adverse to dependence on foreign oil? Why isn’t ANWAR opened for drilling? And Mr. President, this China Challenge, unbelievable. China is the world’s biggest polluter and they will continue to be so even when they do produce your mandated green products due to the shroud your policies have placed upon American free enterprise. What high wage, high skill jobs? Please tell me Mr. President. Just asking?
PRESIDENT: “That’s what comprehensive energy and climate reform would do. And that’s why I intend to keep pushing this issue forward.” (One global lie. One agenda revelation)
REETZALITY: No it’s not Mr. President. And let us be, to use your word, “Frank,” You have no idea or concern what comprehensive energy and climate reform would do other than this: It would further destroy American enterprise, increase government control, hurt freedom, and after that, again let’s be “Frank,” you don’t care.
PRESIDENT: “I also urged the House leaders to pass the necessary funding to support our efforts in Afghanistan and Pakistan. I know much has been written about this in recent days as a result of the substantial leak of documents from Afghanistan covering a period from 2004 to 2009.”

REETZALITY: I can only decipher your desire to continue to nation build in Iran, Afghanistan and Pakistan by presuming your desire to bankrupt this country in order to create more need for your progressive government trumps your aversion to waging war against Muslims.
PRESIDENT: “While I’m concerned about the disclosure of sensitive information from the battlefield that could potentially jeopardize individuals or operations, the fact is these documents don’t reveal any issues that haven’t already informed our public debate on Afghanistan; indeed, they point to the same challenges that led me to conduct an extensive review of our policy last fall.” (Two lies-he hasn’t read the leaked documents)
REETZALITY: Am I getting this right Mr. President, near 100,000 documents and it’s no big deal?
PRESIDENT: “So let me underscore what I’ve said many times: For seven years, we failed to implement a strategy adequate to the challenge in this region, the region from which the 9/11 attacks were waged and other attacks against the United States and our friends and allies have been planned.” (One lie)
REETZALITY: O.K. Finally, the Bush bashing. Actually, we did get rid of the Taliban for a while, but we didn’t kill enough of them. And Mr. President, your rules of engagement are going to get more Americans killed. And what is your strategy? Counter-insurgency? Oh, I’m sure that’s going to work with a bunch of goat shepherds who grow a ton of opium on the side? Co-exist right? Another question, how do we have a viable strategy when you won’t even properly identify the enemy? You know, forgive me for saying such a reprehensible term, “radical Islamists.
PRESIDENT: “That’s why we’ve substantially increased our commitment there, insisted upon greater accountability from our partners in Afghanistan and Pakistan, developed a new strategy that can work, and put in place a team, including one of our finest generals, to execute that plan. Now we have to see that strategy through.” (Three lies)
REETZALITY: A couple of things here. You haven’t substantially increased our commitment, you actually low balled the request for troops. Last month 56 Americans were killed in Afghanistan. I hope you don’t consider that working. And again, some more “frank” speak, you don’t know if it will work.

PRESIDENT: “And as I told the leaders, I hope the House will act today to join the Senate, which voted unanimously in favor of this funding, to ensure that our troops have the resources they need and that we’re able to do what’s necessary for our national security.” (One lie)

REETZALITY: Her Mr. President, speaking of national security, how about closing the borders? Sorry, I thought you mentioned National Security.
PRESIDENT: “Finally, during our meeting today, I urged Senator McConnell and others in the Senate to work with us to fill the vacancies that continue to plague our judiciary. Right now, we’ve got nominees who’ve been waiting up to eight months to be confirmed as judges. Most of these folks were voted out of committee unanimously, or nearly unanimously, by both Democrats and Republicans. Both Democrats and Republicans agreed that they were qualified to serve. Nevertheless, some in the minority have used parliamentary procedures time and again to deny them a vote in the full Senate.” (One agenda revelation-install judges who are not deferential to the constitution)
REETZALITY: Mr. President, why don’t you try appointing folks who actually like and respect our constitution? I suspect this might be the hold up that is irritating you.
PRESIDENT: “If we want our judicial system to work — if we want to deliver justice in our courts — then we need judges on our benches. And I hope that in the coming months, we’ll be able to work together to ensure a timelier process in the Senate.” (One lie)
REETZALITY: Again Mr. President, appoint folks who adhere to constitutional principles and your problems will be solved.
PRESIDENT: “Now, we don’t have many days left before Congress is out for the year. And everyone understands that we’re less than 100 days from an election. It’s during this time that the noise and the chatter about who’s up in the polls and which party is ahead threatens to drown out just about everything else. But the folks we serve — who sent us here to serve, they sent us here for a reason. They sent us here to listen to their voices. They sent us here to represent their interests — not our own. They sent us here to lead. And I hope that in the coming months, we’ll do everything in our power to live up to that responsibility. Thanks very much. (Eight lies when he claims to want to live up to the responsibility)
REETZALITY: A great finale Mr. President. First, the noise and the chatter you are hearing is contempt for your policies. Secondly, You don’t listen to folks’ voices unless they agree with your radical agenda. Did you know Mr. President that the majority of Americans were against your health care bill, your financial reform, cap and trade, and your law suit against Arizona? Sure you do, but it doesn’t stop you from pushing your progressive agenda.
So folks, that’s my take on today’s propaganda from the Commander of Propoganda and that’s my Reetzality (2nd) for the day.
Thanks for the read.

Brett Reetz

The Patient Protection & Affordable Care Act, H.R. 3590, also known as Obama Care, has a provision that requires all purchases from corporations over $600.00 to require a 1099 form to be issued by the purchaser, delivered to the seller, and provided to the government. On the most basic level, that’s three forms for every $600.00 transaction with a corporation. Here’s what Neil deMause, writing at CNN Money, said:

“The massive expansion of requirements for businesses to file 1099 tax forms that was hidden in the 2,409-page health reform bill took many by surprise when it came to light last month. But it’s just one piece of a years-long legislative stealth campaign to create ways for the federal government to track down unreported income. The result: A blizzard of new tax forms that the Internal Revenue Service will begin rolling out next year.

Starting in 2012, that changes. All business payments or purchases that exceed $600 in a calendar year will need to be accompanied by a 1099 filing. That means obtaining the taxpayer ID number of the individual or corporation you’re making the payment to, even if it’s a giant retailer like Staples or Best Buy, at the time of the transaction, or else facing IRS penalties.”

Tom Henschke, president of the Pennsylvania-based SMC Business Councils explains the extent of this new burden upon small businesses: “Just with business travel it would include hotels, rental cars. Phone service: 1099. Computer service: 1099. Whoever does your postage meter: 1099. You do a little advertising, Yellow Pages: 1099. Your landlord: 1099. You might as well just keep them in your pocket and hand them out as you go around every day.”

Boy this is great! Good work congress. Good work Mr. President. Just what the economy needs is more burdensome unprofitable paperwork to stimulate it. Of course the one business that will profit from this is government. It will need to grow and that is how government judges its profitability, it’s success, by its size and growth rate.

But it gets worse. Here’s the Reetzality: I predict this is the first step in installing a value added tax. The Obama governmetn wants to get the folks used to reporting transactions whether they be profitable or not, just report the transaction to the government thank you very much. Don’t worry, right? Apparently, generally accepted accounting principles aren’t sufficiently penetrable by Obama’s government to maximize its taking power. Why would the government care, if it’s only taxing profits? Why would the government care what a company purchases if the company isn’t making a taxable profit? One would think the government would not care. Are they going to advise us on our purchases? I think not. Are they going to regulate our purchases? Probably. In fact this provision does begin to regulate our purchases by cloaking purchases with government forms and bureaucracy.

But here’s the big concern: This Obama government is taking the first step to impose the value added tax. They are getting the folks used to viewing each and every transaction over $600.00 as a potentially taxable event by requiring a tax form, a 1099, to be submitted to the Internal Revenue Service. And then, when the time is right, when our government has imputed what it views as the adequate amount of desperation into our economy, when they have the right quantity of folks on the dole thanks to the government’s attack on our economy, it will suggest, “hey, why not impose a sort of value added tax to help pay for the folks our policies have unemployed? I mean, we’ve already got folks filing 1099’s when they make purchases? Let’s have them throw a little cabbage in the envelope when they send it in.”

Of course, they won’t call it a value added tax. That is too unmarketable a title. Maybe they’ll call it the “Deferred Internal Revenue Enhancer.” DIRE for short. Also of course, don’t bet on the $600.00 threshold holding firm.

This is what I’m predicting. This is what I’m betting on. This is why such a ridiculously burdensome provision is in Obama Care. Folks, get smart on the stealth attack on our country from within, because it’s coming on strong. This is more evidence of this fact.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

He either doesn’t get it or he’s lying. Pick. Obama’s comments today revealed one or the other. I’ll go through his comments and give you my read. Here goes:

Obama said: “Well, on Friday, we learned that after 22 straight months of job loss, our economy has now created jobs in the private sector for 6 months in a row. That’s a positive sign.But the truth is, the recession from which we’re emerging has left us in a hole that’s about 8 million jobs deep. And as I’ve said from the day I took office, it’s going to take months, even years, to dig our way out – and it’s going to require an all-hands-on-deck effort.”

Reetzality: I don’t recall him saying it would take “even years, to dig our way out.” Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent. The decline in payroll employment reflected a decrease (-225,000) in the number of temporary employees working on Census 2010. Private sector payroll employment edged up by 83,000. However, there was a big jump (more than 800,000) in the number of people outside the labor force — neither working nor looking for work. That’s the only reason that the unemployment rate fell, to 9.5 percent from 9.7 percent. (U.S. Bureau of Labor Statistics). This means that the unemployment rate fell last month but actual unemployment did not fall. President Obama is guilty of a false positive.

Obama said: “In the short term, we’re fighting to speed up this recovery and keep the economy growing by all means possible. That means extending unemployment insurance for workers who lost their job. That means getting small businesses the loans they need to keep their doors open and hire new workers. And that means sending relief to states so they don’t have to lay off thousands of teachers and firefighters and police officers. Still, at a time when millions of Americans feel a deep sense of urgency in their own lives, Republican leaders in Washington just don’t get it. While a majority of Senators support taking these steps to help the American people, some are playing the same old Washington games and using their power to hold this relief hostage – a move that only ends up holding back our recovery. It doesn’t make sense. ”

Reetzality: Republicans are not against extending unemployment benefits, they just want to fund it with unspent stimulus money. According to Senator Ben Nelson, 63% of Stimulus money is unspent. Obama wants to create even more debt. Republicans do get it and so do a lot of Democrats. Use the money that’s there. Quit burdening our future.

As to getting small businesses loans, small business is having trouble obtaining financing, however small business has a bigger concern, the cancerous growth of government and the dire condition of the economy that will get worse when the tax increases take effect in 2011. Trust me Mr. President, and I forgive you for not understanding this given your comprehensive lack of business knowledge, Small Business is not expanding because small business is terrified of your policies. Only a fool, or a government, would double down with more debt in this economy with the looming threat of government explosion cloaking their future. (Cancerous government growth takes down governments too. See Greece, U.S.S.R., Spain, Portugal, Ireland, U.K.)

As to sending relief to State’s “so they don’t have to lay off thousands of teachers and firefighters and police officers,” I say let the States fall where they may. They’ve deficit spent their way to the poor house and now Obama wants to enable them in their irresponsibility. It is not fair to further burden the tax payers and their off spring with more debt to pay for lavish government expenditures, work environments and pensions. What is fair is to hold states and those that chose government as their career to suffer the consequences of their choice. Why should the public sector not be treated the same way as a private business? It shouldn’t. Of course, this doesn’t hold true for Wall Street, AIG, and the Auto Industry, but two wrongs don’t make a right. That’s still true isn’t it? State’s should have to live within their means just like everybody else.

Obama said: “. . . we’re going to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America.”

Reetzality: What single thing has our President pushed that would be consistent with keeping jobs and industries of the future right here in America?” He is in bed with the ultimate job killer, Unions. Don’t think Unions kill jobs? How’s the auto industry, manufacturing, and the Steel Industry doing? Not too well.

Obama answered: “That’s one of the reasons why we’re accelerating the transition to a clean energy economy and doubling our use of renewable energy sources like wind and solar power – steps that have the potential to create whole new industries and hundreds of thousands of new jobs in America.”

Reetzality: Hey Mr. Obama, maybe you should study the “Green Effect” in Spain. While Spain has traditionally suffered from relatively high unemployment, double the 9.8 percent average for the European Union, the sharpest increase has been among young people. It has jumped from 17.5 percent three years ago to the current 42.9 percent. Spain was on the leading edge in the EU to convert to a sustainable life style free from their oil addiction, by adopting wind and solar power. (Russel Steele). For every new position that depends on energy price supports, at least 2.2 jobs in other industries will disappear, according to a study from King Juan Carlos University in Madrid. In Spain, where wind turbines provided 11 percent of power demand last year, generators earn rates as much as 11 times more for renewable energy compared with burning fossil fuels. So Mr. President, although you might actually create hundred of thousands of new jobs, if history repeats itself, and it always does, multiply your jobs created by 2.2 and subtract that from your numbers.

Obama said: “But what this weekend reminds us, more than any other, is that we are a nation that has always risen to the challenges before it.”

Reetzality: I agree with you Mr. President. We just disagree with the particular challenge we are rising to. More and more Americans are rising to a challenge named “You.”

Obama said: “We are a nation that mustered a sense of common purpose to overcome Depression and fear itself.”

Reetzality: No Mr. President, we did not muster a sense of common purpose, we mustered, and employed a common sense of freedom, free from government, free from high taxes, free from over-regulation, free from the redistribution of our productivity by government. The only common purpose our nation has is the Constitution. It’s what made us great.

Obama said: We are a nation that embraced a call to greatness and saved the world from tyranny.

Reetzality: Then why Mr. President did you go on the apology tour? Why do you employ so many folks who not only are not fond of our “greatness,” but embrace tyrannical leaders. Check out the politics of these folks: Ed Montgomery, Dennis Ross, Joshua DuBois, Van Jones (fired), Daniel Fried, Gary Samore, Ashton Carter, Adolf Carrion, Jr., John Brennan, J. Scott Gration, George Mitchell, Dennis Blair. That’s enough proof for now.

We are a great nation based upon the greatest God given principles. And that we should celebrate on this Fourth of July for sure. But let us not be fooled. The challenge we now face is from within, history and the facts tell us so. Our President’s vision of our nation is inconsistent with the very fundamentals of our nation. And I think he gets it, he just can’t be honest about it.

That’s my Reetzality for the Day.

Thanks for the read.

Brett Reetz

POST QUESTION? Who are the true public servants of today? It would seem that those serving the public are the private sector since they ultimately pay for it all. Thus, I think the term “public servant” needs a new definition.

Dmitry Medvedev, the Russian president, said Moscow was bidding to help lead efforts to build a new world economic order after the old system collapsed in the global financial crisis. Mr Medvedev said the renewed interest in Russia this year was a sign of a changing world in which the institutions of the western-dominated world order had had their day amid thousands of corporate defaults and the threat of sovereign defaults.
Medvedev said, “What had seemed untouchable has collapsed. The bubbles that created the illusion of flourishing economies have burst. And we should use it to build a modern, flourishing and strong Russia … which will be a co-founder of the new world economic order and a full participant in the collective political leadership of the post-crisis world.”
That’s just great. Russia is now vying to lead the world economy. Now, I’m not faulting Dmitry. I don’t fault ambition, ever. But I am going to do some “faulting” here. Here’s what I’m going to fault. Western Government, that’s what.

Two points to consider Dmitry. One, the free market didn’t fail. Two, Western Government failed. Yes, we are in a global recession. Yes, times have been tough.

But mind you Dmitry, the vast, vast, vast majority of failures have been directly tied to government. Let’s check it out. AIG? Credit default swaps unregulated by government, thank you Lindsey Grahm and President Clinton. Financial Crisis on Wall Street? Community Redevelopment Act, Fannie Mae, Freddie Mac, are the root causes. The auto industry? Government imposed café standards and unions. Steel Industry? Unions and regulation caused its demise. Real estate market crash? Again, Community Redevelopment Act, Fannie Mae and Freddie Mac. Outlandish corporate risks gone bad? Enabled by government bail outs.

But the biggest failure? Government? Which one? Pick. U.S., Greece, Spain, Portugal, U.K., Ireland, Japan. Every one of them simply spent more than they took in and bankrupted themselves, except they don’t have to go bankrupt, they can tax. The problem is that when they tax they kill the host that their parasitic nature depends on. They kill the private sector which when you look at the portion of the private sector that is not tethered, buoyed or inflated by government, that portion is doing all right, even in these disastrous times. But even the portion of the private sector that isn’t attached to the wet teet of government will be crushed if government takes much more of the productivity.

And that’s the plan, to take more, to redistribute more, to further slash liberty to the bare. Every nation, every leader needs a kick in the head. They need to be forced to objectively review history and admit that they are wrong in their pursuits. They need to accept the fact that government, more often than not, is not the solution, it’s the problem. Government is unaccountable and suffers little consequence, thus they routinely fail as they are now. This isn’t new. This is the same old story.

Come on readers. How’s our government doing on the Gulf Oil Spill? How is our government doing on the illegal alien problem? Our government couldn’t even run Arlington National Cemetery correctly. If you didn’t see the news today, they found a pile of head stones in a creek bed and were recently found to be burying veterans on top of other veterans. It is rather ironic that our government can’t even manage to run a burial appropriately while at the same time, pushing us in a direction where it’s going to need it’s own burial. There’s more. Social Security? Bankrupt. Medicare? Bankrupt. Medicaid? Bankrupt. Our future, bankrupt. (If we don’t act fast). We have 113 trillion dollars in unfunded liabilities crashing down on us. If we don’t change, we are dooming ourselves and our children and our children’s children. Shame on us.

Yet, I’ll give Dmitry this: He’s on the right track. He said this too: “Russia needs a real investment boom”, in order to achieve its modernization goals, he said. To stimulate that, Mr Medvedev announced Moscow would introduce zero taxation on capital gains for companies working on long-term investments starting from January next year and said Russia was improving the legal system to provide better protection for businesses against the long arm of bureaucracy.

Wow, we won the cold war only to be out libertied by the Ruskies! Now that’s down right embarrassing.

Wake up folks. Government is the problem. It’s a cancer, and it’s killing us. We need to get it under control. We need to shrink the tumor or learn to speak Russian or maybe Chinese.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

Obama is still playing the metaphorical role of the parent who spoils, enables, and ultimately ruins his children. The metaphor is this; the parent is the President, the children are Americans. On Saturday, Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid “massive layoffs of teachers, police and firefighters” and to support the still-fragile economic recovery. Rahm Emanuel said,”While some people say you have to spend and some people say you have to cut, the president wants to talk about both cuts and investing,” There’s some of the old audacity, characterizing “spending” as “investing.” (Government spending has a negative multiplier effect which means the economy shrinks by more than a dollar when the government spends a dollar.)

The federal government needs to stop borrowing money, mostly from China, and start existing within its means. The Federal Government has a monumental cash flow problem meaning the money coming in is less than the money going out. Yet, the current administration could care less. The stimulus did not stop a free fall. It protected government workers who make substantially more than the private sector.

As reported in the USA TODAY by Dennis Cauchon on March 8th, 2010, “Federal employees earn higher average salaries than private-sector workers in more than eight out of 10 occupations, a USA TODAY analysis of federal data finds. Accountants, nurses, chemists, surveyors, cooks, clerks and janitors are among the wide range of jobs that get paid more on average in the federal government than in the private sector. Overall, federal workers earned an average salary of $67,691 in 2008 for occupations that exist both in government and the private sector, according to Bureau of Labor Statistics data. The average pay for the same mix of jobs in the private sector was $60,046 in 2008, the most recent data available. These salary figures do not include the value of health, pension and other benefits, which averaged $40,785 per federal employee in 2008 vs. $9,882 per private worker, according to the Bureau of Economic Analysis.”

Here’s some Reetzality: According to the USA TODAY analysis, the over-all cost, what “public servants” earn, of a public sector job including benefits is $38,548.00 more than an equivalent private sector job. Well not entirely equivalent. Public sector employees don’t work as hard, aren’t as accountable, and don’t get fired as easily as private sector workers. Glenn Beck is encouraging us to read the Road to Serfdom by Friedrich von Hayek which is an influential exposition of classical liberalism. I looked up the word Serf for the literal definition. It is, according to Webster’s, “1. A person in a condition of feudal servitude, required to render services to a lord, commonly attached to the lord’s land and transferred with it from one owner to another. 2. A slave.” Sadly, I think we’re nearing the end of this particular road. We are required to render. Our burden to render is passed from one political class to another. Do we really own our land? Just stop paying the king, I mean the government and see how long you can call home, home. And the kings’ men, I mean the public sector employees, are getting compensated more than the private sector. They are receiving more wealth than the folks actually producing the wealth. And isn’t being forced to pay near fifty percent of a person’s productivity in taxes, whether state, federal, local, property, sales, fuel, personal property, license fees, etc., effectively a partial violation of the Thirteenth Amendment? Doesn’t that make a person half a slave? Well maybe not. We don’t have to work. We can go Surfing. Maybe it’s only share cropper status government is imposing.

Back to serious. The private sector is still collapsing under the present weight of government and the fear of the future increased weight of government and Obama wants to bail out government. Hey President, how about cutting government. How about doing what any private sector enterprise would do when faced with a budget crisis, across the board cuts in wages? Or if your minions in your teachers unions, police and fire fighter unions and the AEIU don’t like it, lay some of them off. Trust me Mr. President, we in the private sector will survive. Further more, these are state entities you are bailing out. Why not allow the States to resolve their own problems? Why continue to enable a failing and likely soon to actually fail top heavy government bloated system that continues to usurp the people’s liberties, principles, perseverance, ingenuity, and optimism? Here’s why. Obama is a bad President, behaving just like a bad parent. He is the parent who keeps saying, “This is the last warning! This is the last time. If you ______________ (fill in the blank with any adolescent transgression) one more time, I will ______________ (fill in the blank with any punishment).” Then, when the bad parent’s child once again commits a transgression, he again enables the child by not imposing consequences. Consider this: Wage cuts in government are almost historically non-existent. Thus, now when we need them, when our future depends on a smaller government (or learning Chinese), government workers will have no part of it. Government workers will behave just like a spoiled child who is facing the imposition of a rarely, if ever, imposed consequence. They will throw a tantrum. And the parent, our President, will come to their aid, blame others, probably George Bush, and do anything he can to commandeer the wet teet into their mouths, further damaging the future.

In fact, this is exactly what he is doing right now. He said so yesterday. I am not making a prognosis here. I am making a diagnosis. Sticking with the parenthood comparison, my experience is that when a parent spoils, enables, and comprehensively fails to raise a child of much merit, eventually, notwithstanding the contempt for the child’s behavior, the parent is held to be responsible. The parent is the bad guy. The children are the ones who suffer. Obama is the parent. Americans are the children. Maybe Obama needs to read some Dr. Spock. It seems like he’s reading Dr. Seuss.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

June 4 (Bloomberg) – President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.” Bill Gross is the co-chief investment officer and manager of the world’s biggest bond fund at Pacific Investment Management Co. said yesterday the unemployment rate may rise to 10 percent within the next several months with job growth “anemic.” “Over the long term, interest rates on government debt will likely have to rise to attract investors,” said Hiroki Shimaru, a market economist in Tokyo at Nikko Cordial Securities Inc., a unit of Japan’s third-largest publicly traded bank. “That will be a big burden on the government and the people.” (U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day, by Garfield Reynolds and Wes Goodman, Bloomberg)

“The market was assuming that the private sector was coming back, but obviously we’ve seen none of that,” Gross said in a radio interview on Bloomberg Surveillance with Tom Keene.
Geithner also singled out Europe as a region needing to push forward with financial regulation reform. “Further progress on financial repair is critical to global economic recovery,” he wrote. “This requires, particularly in parts of Europe, further efforts to restructure and recapitalize the banking system.” In the U.S., where personal savings is increasing and Congress is close to passing legislation overhauling financial rules, “we are meeting our responsibility,” Geithner told reporters in Washington June 2.

The savings rate in the U.S. climbed to 3.6 percent in April, the highest level since January, from 3.1 percent in March as incomes increased and purchases cooled, according to Commerce Department figures released May 29.

June 7 (Bloomberg) — The U.S. economy may be headed for a slowdown reminiscent of the one it suffered in 2002 as the sovereign-debt crisis in Europe, fading government support and persistently high Joblessness weigh on expansion in the second half of the year.
Economists have begun to lower their forecasts for the first time since the recovery began in the middle of 2009. Allen Sinai, chief global economist at Decision Economics, and Michael Moran chief economist at Daiwa Capital Markets America in New York, said they now see annualized growth of 2.25 percent to 2.5 percent in July-December, down from around 3 percent previously. “The risks to the recovery are growing,” the New York- based Sinai said. “We’ve raised the odds of a double-dip recession to one in four from one in 20.”
“Markets had excessively bought into the possibility of a V-shaped rebound driven by a self-sustaining private-sector recovery,” Mohamed El-Erian chief executive officer of Newport Beach, California-based Pacific Investment Management Co., manager of the world’s largest bond fund, said in an e-mail. That view “is starting to be visibly and increasingly challenged by the multiplying facts and realities on the ground.” The latest came on June 4, when the Labor Department reported that private-sector employers added 41,000 jobs to their payrolls in May, down from 218,000 in April and well below the 180,000 median forecast by 35 economists in a Bloomberg News survey. While the unemployment rate fell to 9.7 percent from 9.9 percent, it’s remained above 9 percent. (U.S. Rebound Seen Slowing Most Since 2002 on Europe Debt Woes by Rich Miller, Bloomberg)

O.K., ON TO REETZALITY. There’s the financial news of the day. The European Union is on the brink of failure, Greece has failed, Hungary is facing default, said Viktor Orban who then changed his tune when Hungary’s currency, the Forint fell 4.8% in two days, destroying his credibility. Portugal, Spain, England, Ireland and the United States are “coming on strong” in the race to fail. Things are not looking good folks no matter what President Obama says about the recent job growth which only included 41,000 private sector jobs which barely keeps up with population growth. (Either an amazing lie or an amazing ignorance on his part. New jobs are compared to increased population; thus true job growth requires an increase in the percentage of employed persons to the actual population to increase.) We are in trouble, big time.

Here’s why we are in trouble: Insane government policies of redistribution of wealth! Governments throughout the world have made endless commitments to take care of people and industries, addicting its masses to the government teet. In doing so, governments have thwarted individuals’ ability to take care of themselves. Governments have reared generations of dependents rather than independents. They have done so through liberal policies of government handouts to individuals, corporations and unions. They have taxed people, either directly or indirectly (see license fees, excessive regulation, hidden taxes, value added taxes, Obama care, etc.) and threaten to tax and regulate more (see EU meetings and listen to President Obama). They have taxed us to the point that we are now partial metaphorical slaves, handing over in some cases more than fifty percent of our productivity to government so they can redistribute it, take our earnings, our wealth, and giving it to somebody else. Now, the true private sector, the corporations not in bed with government, the traditional family, the small business, these entities are doing what they should be doing, and rightfully so; they are preparing for the worst part of the storm. Folks are saving more. Folks are not spending as much. Companies are not hiring. Folks will be leaving the equities market or hedging against the predicted and ominous free fall. The world economy is faultering. It is on the brink of disaster. Let me rephrase the last sentence. We are on the brink of accepting the reality that we are in a disaster. The disaster started a long time ago.

We will begin to see government pensions fail. As reported by David Cho, a Washington Post staff writer, October 11, 2009, “The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, casting into doubt as never before whether these public systems will be able to keep their promises to future generations of retirees.” See also http://www.pensiontsunami.com/. The fact is, financially government pensions have already failed. They are broke because the governments that run them, federal, state and local, have not only taxed the private sector to pay for them, but then, in a way, double dipped and took, they call it borrowed, the pension reserves to again redistribute the wealth, the same actual wealth, a second time.

Government has anesthetized the private sector which is not the best metaphor because although the private sector is hunkering down, hibernating, it is doing so consciously as a defensive measure to governments’ reckless spend and tax policies.

Here’s more Reetzality, a prediction in part and also an observation. The private sector is going to decouple from the public sector. Decoupling is a financial term. Decoupling is a situation in which returns on two assets or asset classes that normally move together move separately. For example, oil and natural gas prices usually move together: when one goes up, so does the other, and vice versa. Likewise, stocks and corporate bonds usually behave the same way. Decoupling in both cases occurs when oil moves in one direction while natural gas moves in the opposite, or when stocks’ and corporate bonds’ returns diverge.

Unfortunately, but it’s the Reetzality for the day, the public and private sector are not asset classes in the literal sense. Therefore, I am opining on a more ominous decoupling. The private sector has lost all faith in the public sector. The true private sector, the portion that is not in bed with government, unlike Wall Street, the auto industry, unions, etc., is decoupling itself from the government. Folks are sheltering their productivity, not spending when the government attempts to get them to spend through faux stimulus plans, saving more, getting out of the market, working for cash, trading goods and services to avoid taxes and generally as stated previously, hunkering down for the worst of the storm. The private sector is decoupling.

Here’s the problem with that: As the governments’ reckless, disastrous and wrongful policies manifest in failure, as government workers (see Greece) protest the bankruptcy of their employers, the governments, governments will come for the private sectors money. Governments will hijack even more of the private sectors’ productivity. I’m not certain that the private sector will tolerate this ominous Reetzality. I am not suggesting that there will be an actual revolution. I am suggesting that the private sector will say that it has had enough and will civilly revolt through the vote, through increased frugality and through government avoidance policies. The private sector will say, “No thank you government, we’ve helped enough. Time for you to accept responsibility for yourself. Be sure to tell your people.”

And let me tell you this, the government will not like this one bit. The government will blame the private sector. The government will refuse to acknowledge the real crisis which is not financial, not health care, not energy, not private debt, not education, not hunger, not anything other than a single crisis that has a redundant history, a Government Crisis. (See Rome, Greece, U.S.S.R.) Until our “leaders” accept responsibility for their policies and turn to the dependents they’ve been spoiling for generations and tell their dependents that they can’t afford it anymore, times they are a changing, things won’t get better. And if they don’t? Well then my readers, history will repeat itself and we will have a comprehensive collapse of the world economy.

God save our Children.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

Note: Thank you Bloomberg for your resources. You are an honest news source indeed.

It is past time to aggressively confront those who support Obama and his minions, which include unions, special interests, communists, socialists, Maoists, unrepentant terrorists, career politicians, and other un-Godly sorts. Obama is spending our children and our children’s children into the grave and its not only a vile economic policy, it’s down right evil. This past week the administration vicariously through others sent the message out; the current economic policy of government is unsustainable. Taxes will need to be increased immensely or by 2020 (the year varies according to which economist is speaking) 100% of federal revenue will be used to pay the interest on our national debt. What level of “immense” are we talking about? Eighty to ninety percent income tax brackets will be required to have money to turn the lights on at the Federal level alone, that immense. Not withstanding the truth that nobody will be willing to work under the albatross of a tax rate anywhere near these rates. Not withstanding the truth that Obama-Washington spending will destroy America as we know and love it. The truth is that it is more than that. It is child abuse at the most sophisticated level. Don’t believe me? Give me a chance. I’m going to tell you about India and then ask a few questions; on to India and then on to us.

India has many crises affecting it at this time. Among them is the important and sad issue of child labor. There are approximately 60 to 115 million child laborers in India (Human Rights Watch, 1996). Most child laborers work in the agriculture field but most organizations for human rights focus on the bonded laborers in the cities. Bonded child labor “refers to the phenomenon of children working in conditions of servitude in order to pay off a debt” (Human Rights Watch, 1996). In bonded child labor a creditor loans the parents a small amount of money in exchange for their child’s labor. The labor is extremely cheap and the children work until the loan can be paid off in one lump sum. This almost never happens because the interest rates are greater than the wages of the child. Their children after inheriting their parents’ debts are forced into a life of poverty, which creates an almost never-ending cycle.

That’s India, on to us. Obama and Washington are spending trillions of dollar on entitlements, ear marks, special interests, government expansion, etc., all things that have relatively present tense benefits to the adults of today that get benefited. But there not paying for much of it at all. Instead they’re borrowing the money, running up massive amounts of debt, and deferring the responsibility to future generations to pay for benefits received now by the present generation.

What’s the difference between the Obama-Washington policy and the atrocious evil reality of debt inheritance in India? In India there is a middle man between the parent who incurs the debt and the company that benefits from the child labor. The middle man is private in India. In the United States there is a middle man named “government” which, through employers working as their collection agency, will take the workers’ productivity. That’s not much of a difference. Both situations impose a massive evil burden on future generations.

What’s the difference between the cost of the child labor in India and the cost of labor in the United States that will be enslaved in the future to pay off the debt we are now incurring and requiring future generations to pay? Not much. The tax rates will be so high that the net, the actual cost of the labor, the actual amount of productivity the labor gets to keep, will be small. Let’s face it folks, the bottom line is what you take home. I would take no pleasure claiming a million dollar a year salary encumbered by a ninety five percent tax rate.

In India the system forces the children into a life of poverty which creates a never ending cycle. Is that not what is happening in America now? Is our country not being lead down a path to poverty? Of course it is. How do I know? History for one. Countries that have long term policies of exploding their debt get impoverished, every time. Countries that become socialistic get impoverished. Every time. Countries that encourage dependency and reliance upon government impoverished, every time. Another reason, Economics 101. A third reason, mathematics.

Come on folks! Would you run up massive debt within your family, waste the debt revenue on spurious purchases, and then look your kids in the eye and say, “there you go kids. Now pay for it. And this too Kids; if you don’t pay the debt I incurred, I might throw you in jail for not paying it.” This is precisely what we as a nation, lead by the socialist Obama, is doing. Still don’t believe my analogy. Try evading taxes and see where that gets you. See my point. (I’m not even touching on the seizure of our childrens’ liberty, opportunity and hope for a better future.)

The evil practice of debt inheritance India is the same evil practice that Obama and his minions (Republicans too) are practicing right here in America. The only difference is that the evil we are fighting here is more clever and sophisticated than the evil in India. In America, evil has camouflaged itself in rhetoric, faux good will, deception and strategic bribery. Our evil is worse than India’s.

That’s my Reetzality for the Day.

Thanks for the read, and special thanks to the Doctor who suggested this topic last night by announcing upon the birth of my new son, Ralph Hatcher McConkey Reetz, “Congratulations, you’re one hundred and seventy five thousand dollars in debt.” Thank you Doctor B.

Brett Reetz

Note: I know, I know, it is child labor in India. We don’t have child labor, we have age requirements. Sorry folks. The age thing doesn’t make that much of a difference to me. We are just delaying the debt repayment process until a child reaches sixteen. Or is it twenty six since a child can now, under Obama-care, stay on their parents insurance until they’re twenty six? Did Obama just raise the definition of a child to twenty-six? Could the bad parent I described above get off the hook by saying, “Lad, you’ve got to pay all my debt for all my spurious spending but no problem, I’ve fixed it so you don’t have to start doing it until you’re sixteen.” I don’t think this gets the scoundrel off the hook. But that’s just me being me.

Captain Obonga, I mean President Obonga, has just completed his State of the Union Address. (He was rambling again and saying crazy things so I’m sticking with the Obonga nick name) I’m relieved. I have nothing to worry about now. Captain Obonga has got it under control. He’s going to fix the economy, government transparency, health care, the environment, the energy crisis, the nuclear power industry, education, bi-partisanship, government secrecy, foreign affairs, terrorism, actual government, the deficit, the Supreme Court decision of last week, ear mark abuses, the American spirit, both parties in congress, HIV, foreign relationships, the nuclear arms race, carbon emissions, the middle class, small business, protect us from the banking industry by punishing Wall Street and has already done so much. How can a person not be in awe of Captain Obonga. Especially when, according to his State of the Union address, he told us little guys, (he called us “they” and called Washington folks “we”) what he had accomplished so far. I didn’t know that he saved us from a second Great Depression? Boy, I am so unappreciative. I didn’t know that he saved millions of jobs. I had no idea that 300,000 teachers were ready to be laid off but for Captain Obonga’s rescue efforts. I had no idea that he hadn’t raised my taxes. Of course I’m one of the “they” and am so naive that I believe that I will never have to pay off the national debt, not a penny of it Captain Obonga, right? And of course, he said “hadn’t” raised my taxes and although us “they” people are naive, we’re not illiterate. We know the difference between “raise” and “raised.” And I’m definitely not not so illiterate to suggest that trying to raise my taxes through the health care bill, the proposed banking fee and Cap and Trade, is actually raising my taxes. You got me there Captain Obonga. You’re right, you didn’t raise my taxes-YET. By the way, can I get Scott Brown’s address to send him a thank you card?

I am so relieved. Thank you, thank you, thank you, Captain Obonga. I had no idea that the government, that failed to prevent a terrorist on the watch list whose father reported him as a radical without a passport from getting on a plane headed to Detroit with a bomb hidden in his underwear, no idea whatsoever that that government could fix everything else. The next thing you know they’ll be joking that the government can’t even keep strangers out of White House dinners? But you set me straight Captain Obonga. Thank you.

O.K., on a more serious note (although the first note was serious, I just utilized humor to demonstrate the seriousness, now I’ll get rid of the humor) was that a speech or what? Shoot, here comes the humor again. Captain Obonga is going to do everything. Pheewww! Say good bye to worries my little friends, I mean you American People. You “they” people.

O.K., O.K. O.K., I took a serious pill, so here goes, firm, fair and frank. The State of the Union address was a rambling cacophony of lies, misrepresentations, false promises, insincerity, rewriting of recent history, bragging, blaming, arrogance, ignorance, condescension, and otherwise consistent with a complete ripper of a marijuana fest. Thus, the “Obonga” nick name. We’ll call it a “BS”-afest instead.

Folks, he’s going to raise our taxes either directly or indirectly and has already done so with his deficit spending. Wait, small correction-maybe. He may have only raised our childrens’ taxes. Folks, he’s not going to endorse nuclear energy or off shore drilling. Folks, he has no desire to assist small business. He doesn’t even respect business for what it does. He said that all student loans would be forgiven in twenty years but in ten years if a graduate goes into public service. That’s right, we need more social workers and bureaucrats in our future than business people because social workers and bureaucrats are just so damn critical. See folks, this is another window into Captain Obonga’s soul. He values government more than the private sector. And he doesn’t understand basic values either; like paying off your debt. What in the world would justify a person to stop paying a debt if it’s not paid off? Shoot, that’s that pesky “keep your word” stuff. God that’s irritating. So what’s the big deal? I cut a deal, borrow some money for a four year degree which I actually spend six getting, drag the payments out for twenty years and then tell the lender that Captain Obonga told me I didn’t have to pay anymore after twenty years. Wait, wait, wait. I thought of something. Why don’t I just grab a public sector job in let’s say year nine, work it for a year, stop paying which is absolutely justified since I’ll be doing something so critical to America, actually serving the public for America, like for example, collecting tolls on a turnpike, and then, when I’m free of my promise to re-pay my student loan, I quit my cherished public sector job and go into the private sector and stick the tax payer with the rest of my debt. So many possibilities.

O.K. Folks, now I’m really going to be serious, actually I have been. I was just using humor to exemplify how much of a joke the State of the Union Address was. Our president has never made a bottom line, hangs out with communists and terrorists, loves Government, big government, is a progressive democrat, wants to socialize medicine, (He said he’s not quitting in his pursuit of his anti-American Agenda (He didn’t say “anti-American” but it is)), has no understanding of the economy, nothing is his fault, and after listening to his speech, wants to run everything.

Prior to his address, it was suggested that the Obama Administration was going to do a “re-set” on its agenda due to the rapidly growing trend against them. The pundits got it half right. Obama did do a reset but not on his agenda. He did a reset on the focus button so that the picture we see is different than before, blurred; but the content, the actual content, is exactly the same.

Beware folks, this guy does not like us “they” people. But he’s afraid of us and that’s why he reached out last night and spun the focus button. He changed the focus to hide. What he didn’t change was the content of his ambitions which are very un-American. Only our ability to see it was changed. But folks, you need not worry. I know this guy and his ambitions will come back into focus sooner than you think, definitely by November.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

NOTE: I use the “Captain” title to remind folks of the Titanic, you know that unsinkable ocean liner that sank on its first voyage. Of course, America could never be like the Titanic.

My intelligence gets repeatedly insulted by OBONGRESSMEN (People in congress or the Obama Administration) stating that they have to create jobs. Here’s the first lesson OBONGRESS, government doesn’t create jobs in the big picture. Really? Yep, Government doesn’t create jobs. Here’s the hard economics and then I’ll get to the right way to create jobs.

There is an economic term called a “multiplier effect.” The multiplier effect is the efficacy of spending. It is the ability of spending to produce an effect on the economy, either growing it or shrinking it. Let’s assume the government spending multiplier effect is 1.0 (one). That means that an increase in one unit of government purchases, and thereby, in the aggregate, demand for goods would lead to an increase by one unit in real gross domestic product (GDP). Thus, the added public goods are essentially free to society. If the government buys another airplane or bridge, the economy’s total output expands by enough to create the airplane or bridge without requiring a cut in anyone’s consumption or investment. If the multiplier is greater than 1.0 as OBONGRESS tells us, then government spending creates more growth than the actual spending. That’s the multiplier effect. But we have a problem OBONGRESS, government spending has a multiplier effect of less than 1.0. Studies, focusing on World War II and the Viet Nam War, have shown that at best the multiplier effect is .8, less than one. This is probably higher than it actually is because war time shrinks the supply of labor so wages tend to rise and the unemployed become employed. A negative multiplier, which .8 is, is a bad thing. It means it costs us more as a nation to spend a dollar than a dollar. Spending shrinks the economy and OBONGRESS, here’s a hard fact, that’s what’s going on right now. Your spending is shrinking the economy. You’re spending is hurting the economy, that thing you claim to be so concerned about. Here’s a hard analysis. If OBONGRESS were right, why isn’t its spending growing the economy. Spend like a drunken sailor and grow the economy, right? Wrong, it doesn’t work. History proves it doesn’t work, over and over again. Damn that history. Governments, including ours, hate history. It’s such an irritation to their voluminous tripe.

But, and this is a big “BUT”, if OBONGRESS really cares about people, and really doesn’t just want to collapse the economy to mass produce need and thereby mass produce needy voters who vote for help, not change, then here’s what they’ve got to realize.

As stated, as history proves, government spending shrinks the economy and hurts people. Sure, if you get a nice government contract you make some money, but you make it at the expense of the economy. The dollar you make, costs the economic society more than a dollar. That’s the point. You also risk partaking in a downward spiral much like the one our nation is in presently.

So what do we do stimulate the economy? How do we create jobs? I will tell you soon. It’s been established that government doesn’t create jobs in the comprehensive national economy. Who does? The private sector. But why isn’t the private sector creating jobs? Because the private sector is cautious, it is financially conservative by nature. What does the private sector fear the most, what does money fear the most? Risk and Uncertainty, that’s what. What does the private sector do when faced with risk and uncertainty? It reduces risk, it tightens its belt. It doesn’t hire, doesn’t expend venture capital, doesn’t expand. It hangs on to what it has which is the smart and natural thing to do.

Right now, given the OBONGRESS agenda, which is creating debt at the greatest rate in history, what it is really creating is risk and uncertainty. It is scaring the hell out of the private sector. The private sector is terrified about the exploding national debt, looming regulation, looming increased taxes, government take overs of industry, cap and trade legislation, and based on my analysis, everything OBONGRESS is doing or proposing. So, based on the private sector’s fear, they have and will continue to tighten their belts, avoid risk, and avoid expansion. So as long as OBONGRESS presses on with its agenda, it will shrink the economy. Econ 101, there it is.

Now, here’s the solution. If OBONGRESS really wanted to create jobs, really wanted to grow the economy, then here’s what it needs to do. Eliminate risk and uncertainty, that’s what.

It doesn’t take a rocket scientist to realize that if the private sector were confident that the dollar would hold its value, the government wouldn’t explode, taxes wouldn’t explode, the cost of employment wasn’t going to sky rocket, and regulation would be reduced, the private sector would take risks. The private sector would chance into new innovative projects with new products, new ideas, and most importantly, new jobs. And here’s a somewhat important point; the private sector has a positive multiplier effect. That means that when McDonald’s, the franchise or some family named McDonald, ventures out and spends money, it grows the economy more than a dollar for every dollar they spend or invest in a venture.

This economic analysis isn’t unknown, it is basic. It is well known. And yet, OBONGRESS ignores it. As a side note, OBONGRESS claims they saved the auto industry and the banking industry. Really? Sort of, is the answer. Yes there are banks in existence and auto manufactures in business that wouldn’t be if the government hadn’t stepped in. But, the overall cost to our economic society to save these companies is greater than the benefit. If you’re an auto worker you receive a benefit. The rest of our economic society receives a detriment greater than the benefit received by the auto worker. Evidently, OBONGRESS doesn’t just want to redistribute the wealth, they also want to redistribute the suffering.

So OBONGRESS, take a look at history, read up on economics, and do the right thing. Give the private sector a climate without uncertainty and risk. Let the private sector keep what it earns and believe it will continue to keep what it earns in the future rather than having it be expropriated by a drunken OBONGRESS, because that fear, that fear that our government is a growing cancer, shuts down the private sector. It hurts folks, hurts them bad.

One more note, for my entire business life, the biggest bill I’ve ever had to pay is the bill to the government. It has never been an insurance premium. It has never been health care. It has always been you government. And that bill, that I pay monthly, limits what I can spend with a positive multiplier effect. So do the right thing, and give us hard working Americans our confidence back. Let us believe that the cancerous government is going to stop growing. If you do, you’ll get your jobs and you’ll get to take credit for creating them, a minor league lie by your standards, but I’ll let you run with it.

That’s my Reetzality for the Day.

Thanks for the read.

Brett Reetz

Note: Here’s a link which I took my multiplier effect lanaguage from. A good article by Robert J. Barro. http://online.wsj.com/article/SB123258618204604599.html

Second Note: Thank God for Massachusetts. A second revolution has begun. It might have started in Virginia and New Jersey actually.

It is about liberty and freedom. It is about the end of America as we know it. As I listen to President Obama rant the same old rant about health care, it becomes crystal clear that his concern is not about health care, but about socialization or in his words, “fundamental change.” He preached this mantra throughout his campaign. Americans thought he was speaking of a fundamental change in the way Washington, D.C. operates which would be a good thing. But Americans were wrong. Want proof. Where’s the fundamental change in Washington? It isn’t there. We’ve still got deficit spending, earmarks, unaccountability, corruption, a lack of transparency, dishonesty, incompetence, arrogance, the usual cacophony of Washington ways; ways which we would never tolerate within our family, within our businesses, with our friends, within our individual moral fiber. Still, even under the great transformer, Obama, Washington is still Washington. Now why is that? Americans were looking forward to the “fundamental change” this man promised. Why isn’t it happening. Did American’s misunderstand Obama? I looked up the word “fundamental” in Merriam-Webster’s Dictionary. Here’s the definition: “serving as an origin. Serving as a basis supporting existence or determining essential structure or function.” God help us! He is being literal when he says “fundamental change.” Again, God help us!

And that’s what Obama-Care is about, “fundamental change.” It’s not about health care, we’ve got great health care and I’ve yet to see the person who suffers from a lack of health care. Trouble paying, yeah there are those folks, but not trouble getting. Even Obama’s poster women, the one who allegedly had to wait six months for breast cancer treatment so the insurance would kick in, even the poster women’s story is one of payment and not one of treatment. Is that the best you can do Obama? It is, because, and now I’m being redundant, our health care is phenomenal. Obama is using the health care issue to effectuate his desired “fundamental change,” to change the basis of our existence. The left is willing to use any vehicle to get where they want to go. In the sixties, communism and socialism were touted as an alternative, not all that bad of a system it was said. Then all the communist/socialist nations started failing. Uh Oh, said the left, we need a new vehicle. Hilary care goes to the leftist tool box and pulls out health care. It fails like it should. Uh Oh, said the left, we need another vehicle. Al Gore latches onto global warming. It’s still in play with the pending “cap and trade” legislation. What’s the Left’s solution to the false global warming crisis? Taxation and incredible government control, including Obama’s suggestion that folks should have a “smart box” in their home monitoring energy consumption, penalizing those who use too much, however much that is? That’s the Left’s solution, “fundamental change.” But why stop there said the Left. Let’s pull the health care tool out of the tool box again. How can folks be against less expensive (it won’t be), more available (it won’t be), health care?

Here’s how: We are fundamentally Americans. We have the most incredible principled freedom loving heritage in the history of the world. We stand for freedom, liberty, rugged individualism, courage, self reliance and God. We are proud to be true Americans; and being a true American is not a trait of origin of birth, it is a trait of principle. That, Mr. President is who we are. These qualities are the basis of our existence, inherent in our souls. It is OUR fundamental. So Mr. President, call your vehicle for “fundamental change” what you want, health care, global warming, even the one honest thing you said to Joe the Plumber, redistribution of wealth. Americans, true Americans, aren’t buying it. I’ve studied your friends, voting record and policies. I’ve read your words and listened to you speak. You Mr. President are not fundamentally American. The basis of your existence, your soul, is different than ours and we don’t like yours. Adopting your fundamentals would be an American suicide. What concerns me the most, is this; I think that is what you want Mr. President, an American suicide. Your words, “fundamental change” say so as do your actions. I pray every night that you don’t succeed in Jim Jones-ing our beloved sacred God inspired nation.

And that’s my Reetzality for the Day.

Thanks for the Read,

Brett Reetz