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

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.

The Obama administration wants to build infrastructure. They say that infrastructure is our problem. We need, bridges, public works, high speed internet, high speed rail, and if we get these things, bingo, the economy will get great, it will rebound. That’s what they say. The problem is that they are supporting the wrong infrastructure. Let me ask this question; can you point to a foundering economy that is foundering because it doesn’t have a bridge, a new public works project, high speed internet, or high speed rail? Nope. Well that’s revealing if not ridiculous. These Obamafites think that if we spend more money on their infrastructure, then things will get better. Wrong. Here’s the problem. They are betting on the wrong infrastructure.

The infrastructure we need is not material. It is not a bridge or a damn or a high speed internet, it is fundamental, it is our principles. That’s the infrastructure that needs rebuilding because right now, it’s broken. Given the current political leadership, values and traits like honesty, responsibility, consequence, and more, are broken. They are almost non-existent. American Business wants a rebuilding of the infrastructure, but not the false infrastructure the Obama administration tenders, the real infrastructure, the values. American business wants the fundamental principles that made our country great returned.

Nobody cares about a bridge or a rail or high speed internet, they care about principles. I.E. If I take a risk and make some money, will Obama take it away from me? Will my success be punished? Those are the true infrastructure questions. And Obama doesn’t get it, he doesn’t respect it, he has contempt for it, because Obama loves Government. That is his environment. His environment is not a place where there is accountability, responsibility, consequence. He has never so much as run a lemonade stand. And yet he is in charge.

And he doesn’t understand that the true efficacious infrastructure that we as Americans are longing for is liberty, the ability to succeed and keep our spoils and the ability to fail and pay the consequences. He is intent on building the wrong infrastructure. Come on guys, spirit, ingenuity, liberty and drive built the Hoover damn, not some government program. Spirit, ingenuity, liberty and drive built Microsoft. Not some bridge, not some government program. Individual spirit built it all. And yet, this administration is warped and stupid enough to believe that productivity is an offspring of government.

We need infrastructure rebuilding but not the one that Obama is pushing. It isn’t even infrastructure that he’s pushing, it’s suppression. What we need is to rebuild (re-vibrate) is the true infrastructure in this nation which is opportunity, hope, ingenuity, profit, success, responsibility and more. Not bridges, not government programs, not anything inspired by government other than government going into the back room and leaving us alone. Then we will again have prosperity. Like Rush Limbaugh, I pray Obama fails, just like you’d pray a mass murderer intent on killing your family would fail. What is the saying? Death by a thousand cuts? We’re there. Time to fight back.

That’s my Reetzality for the day. I’m all for infrastructure, just the right infrastructure. (Not Obama’s)

Thanks for the read.

Brett Reetz

Of late, as the primary election season gets under way and America’s anger at Washington and government continues to manifest itself into positive change, (See Virginia, New Jersey, Massachusetts, polls, Spector, Lincoln, Obey, etc.) President Obama is again attacking Republicans in a feeble attempt to lend support to this threatened minions. President Obama is attacking Republicans for not cooperating with his agenda in the midst of one of America’s greatest crisis when “they caused it.” His words. Wow! Is he really saying this? Yes he is. Almost unbelievable. Here’s why:

The crisis he is referring to is a financial crisis with tendrils reaching into home ownership, employment, every aspect of the economy and most importantly, the survival of America. Obama says Republican’s caused it, not democrats, and not Washington. Republicans “caused it” according to Obama. He’s lying or he is ignorant, pick. Yes, George Bush spent way too much money and George Bush, while aware the dire financial woes on the horizon with Fannie Mae and Freddie Mac, did not succeed in fixing the problem. George Bush has some culpability. But was he alone? Absolutely not. Barney Frank and democrats defended Fannie Mae and Freddie Mac and their insane endorsement of even more insane lending practices. Democrats went right along with Bush’s spending spree. It is not a Republican or Democratic problem, it is a problem with Washington. Apparently America understands this and Obama does not.

How can I say that Obama doesn’t understand this? Easy. Obama is Bush on Steroids. He is doing everything he and democrats criticized Bush for doing. Spending, he makes Bush look like a cheap pauper. Government control, invasion into our lives, the destruction of liberty, think Patriot Act which was condemned by democrats, Obama has pounded on the accelerator when it comes to growth of government and the attack on liberty.

Obama is spending our nation into Bankruptcy. Earlier this week, the Bank of England Governor, Mervyn King, irked US authorities by pointing out that even the world’s economic superpower has a major fiscal problem – “Even the United States, the world’s largest economy, has a very large fiscal deficit” were his words.

Obama has taken away our freedom to control our own health care while, and this is quite consistent with his un-American view, making us responsible for other’s health care.

War? He’s in the thick with little beyond rhetoric and his campaign promises to indicate he has an exit strategy.

He wants to monitor the internet. He is in favor of the fairness doctrine although he is pursing his free speech control administratively rather than legislatively, he still does not like free speech. He recently said that too much information and argument injures the “emancipation” and democracy. I still don’t know what “emancipation” information and argument are injuring.

He is pushing cap and trade under a different name, fleeing terms like carbon tax, regressive tax, global warming, even cap and trade. He is honing in on calling his agenda the American Energy Act.

Immigration? A closed for the season sign is apparently hanging in the office of the folks in the Administration that should be dealing with the immigration problem.

See my point? Obama is pointing fingers at the Republicans for a problem, a crisis, that is absolutely not owned exclusively by Republicans. And let’s talk about pointing fingers. Last week Obama pointed fingers at the Oil industry. Why? Amazingly, to accuse them of pointing fingers; rather gutsy for the greatest finger pointer in history to attack an entire industry for doing just that, pointing fingers. It is especially amazing when according to the Associated Press, the Obama Administration failed miserably in their inspection of the oil rig that exploded. What is that old trite saying? When you point your finger at me, there are three fingers pointing back at you? Perfectly appropros.

Obama’s latest attempt to point fingers is reveals further (not that we need any more revelation of the real Obama) the utter immaturity and incompetence of our President. Mr. President you don’t lead by blaming, you lead by being responsible. Responsibility is the foundation of leadership and you are not being responsible. Our President continues to further reveal an arrogant and ignorant condescension for the intelligence and mental proficiency of America. America sees and knows what Obama refuses to acknowledge, admit and accept any blame. America sees through Obama too. Thank God and I am being literal here.

The Crisis we are in is a Washington crisis now being lead in the most faulty direction by Obama. It is not any past politician’s problem, maybe fault, but not problem. It is Obama’s problem and he is failing to do a damn thing about it other than point fingers and accelerate the very behavior that got us into this mess. He is a governmentaholic and his solution, more government. And that is what is perpetuating the crisis, nothing else. So keep pointing your finger Mr. President, it doesn’t work for any positive purpose other than this: It further reveals your un-American fundamental beliefs, immature character, lack of principle, political agenda, and most horrifyingly, your contempt for the country that we love and cherish. Not that we need it Mr. President, but thanks for the reminder.

That’s my Reetzality for the Day.

Thanks for the Read.

Brett Reetz

CO-EXIST! That is the bumper sticker of the inveterate liberal I see them all the time, usually on a Volvo, or some sort of quote “green” car. Co-exist. What does that mean? I’m not sure, but actually I’ve figured it out. It is an expression of demonic ludicrous that reveals the liberals penultimate desires. Wow, that’s a big sentence with a bunch of poly-syllabic words. On its face, the bumper sticker means “get along,” don’t be pious, other cultures are just as good as our American culture, but different, and how arrogant and condescending of us to demean these other cultures. That’s the intent of the bumper sticker and of course, the folks that sport those bumper stickers are so intellectual, so smart, so much more intellectual than us blue bloods.

Thus, I did what is necessary. I put myself in their shoes, the liberal apparent shoes, just to see if I was or wasn’t co-existing appropriately. Wow, am I naïve. Here’s what I discovered:

First, I have no friends that employ clitorectomies. None. Not one of my friends feel it is appropriate to excise a young girls clitoris in order to cause her to remain celibate and to not enjoy sex. Not a one. I am definitely not in a position to say that I am socializing with folks who endorsing clitorectomies. Shame on me, I am not co-existing.

Second, none of my friends have endorsed stoning a women to death for being raped. God, I am awful, I’m not co-existing. We need to embrace other cultures, we need to understand that they are not wrong, they are just different, and when a women gets raped in Saudi and then stoned for being a victim, we need to understand, we need to embrace, we need not to be so arrogantly righteous. Again, I am so bad, so arrogant, so not co-existing.

Third, It get’s worse! None of my friends discriminate against women. In fact a lot of my friends are women. I treat them no differently than I do my male friends. Yet, other cultures, the one we have to co-exist with, find women to be second class citizens, wear a mask, bow, don’t socialize with another male or we’ll stone you, just be deferential, after all, we have a penis and certainly that makes us better than you. I am so ashamed that I am not co-existing with folks who condemn women to second, even third, the children rank higher, class citizens.

Fourth, Oh shit, none of my friends are killing their new borns if they are female. Uh Oh. I can’t believe how arrogant I am not to be hanging with folks that employ infanticide when the wrong sex is born. Shame on me. I am not co-existing.

Fifth, I do not have a single friend who wants to pass his debt onto his children like they do in India. Again, shame on me. I am such a bad co-existor. How narrow of me? I need some friends who run up debt, live the good life, and pass it on to their children like in India. Well, if it’s any salvation, Obama’s imposing this reality upon us, so I guess I can say that I am involved. Still, I have no close friends who endorse this policy.

I could go on, but I’ve made my point. Co-exist? Get real Libs. The oxymoronic truth of the flagrantly ridiculous “co-exist” mantra reveals your abject stupidity. Don’t believe me, try to reconcile women’s rights with the cultures you inspire us to co-exist with, you’ll get stoned, to death my friends.

Here’s my ultimate point. The Co-Exist bumper sticker is an in your face, challenge me, revelation of the abject ignorance of the left. It’s impossible. It’s insane, It’s all illogical. All the tenants of evil if we have to cut the chase.
\
So libs, keep putting those bumper stickers on your cars, keep revealing your inherent stupidity and evil for us to see. Here’s the kicker libs: We’ve seen through it. We know who you are and more importantly, we know what you are.

Come on knuckleheads. You want to co-exist with folks that will stone you for being who your are? The reality is that you don’t. The reality is that the bumper sticker simply reveals another trite illogical effort to destroy and demean what is good. Go for it libs. You are up against God. By the way, did you ever watch the exorcist? God won, he, she, it, always does. And here’s a final thought libs, even if you think you won, you always lose. Losing is consistent with your druthters.

That’s my Reetzality for the Day.

Thanks for the read.

Brett Reetz

What is the common denominator of Obama policies? The Destruction of America is the sole theme I can find in Obama’s policies and in his statements for that matter. Let’s check it out.

TAXATION. Obama is for higher taxation. Already some folks pay more than fifty percent of their income, of their productivity, in taxes. The Bush tax cuts will expire next year and Obama will do nothing to extend the cuts. Take a look at developed countries with high tax rates and then take a look at the entrepreneurial opportunities in those countries. It’s bleak and that’s where we’re headed. The CBO predicts only a two percent growth of gross product at best for the foreseeable future which is not quarters, not years, but decades. His drunken spending will provide a platform for him to raise taxes astronomically, further breaking another campaign promise. This is bad for America.

HEALTH CARE. Notwithstanding the socialistic anti-American theme in Obama-care, the cost alone, which is increasing by the week as we, and Washington, gets to understanding the implications, are going to be a wet blanket on our economy. Obama-care also takes away freedom, which last time I checked, is a bad thing. Companies are planning on eliminating their health care programs and turning employees over to the feds which inevitably fails at almost everything. Obama-care will hurt America. It already is.

CAP AND TRADE. This policy will explode bureaucracy and make business drastically more complex. It will increase costs and regulation and will decrease opportunity and productivity. It will grow the government and shrink the private sector. It will lead us closer to global government. Check out how it’s working in Europe. Not well. Bad for America.

IMMIGRATION. Obama is doing nothing about immigration except condemning Arizona, the one state with the fortitude to be responsible for their problems. Obama has lied about the law Arizona passed. Obama’s view on immigration is simply to, when the time is right, provide amnesty for illegals in order to create more left leaning voters who will vote for more redistribution of wealth, more government and therefore, less freedom. He has lied about the Arizona law. Bad for America.

FINANCIAL REFORM. Obama’s plan will burden the free market and again explode the federal bureaucracy. His plan ignores Fannie Mae and Freddie Mac, entirely leaves them out of the “reform” and they are the two biggest culprits in our recent financial woes. Why isn’t Obama addressing the Fannie Mae and Freddie Mac issue? Because they are agents for the government, that’s why. They are his folks. How can you claim to be fixing something when you’re ignoring the biggest cause, the root cause, of the problem? You can’t. And he doesn’t want to fix it. He wants to grow government and the people be damned. Bad for America.

BAIL OUTS. Obama loves a good bail out because it grows government power and influence and it takes care of the Unions in the case of the Auto industry.

GREECE. Obama pushed Europe to bail out Greece. Why? Why when we have trillions of dollars of debt is he borrowing money from China to give to Greece? There are a number of reasons. First, he adores the massive government in Greece. Second, if Greece fails more than it already has, it might reveal the flaws with Obama’s policies. (if they can be any more revealed as being awful). Third, it leads us closer to global government.

UNIONS. Obama is in favor of card check, his biggest ally is the SEIU union chief, he tired to exclude unions from the mandates of Obama-care. Are unions a good thing? Nope, just run down the list of union controlled industries. Auto industry, failed. Post Office, failed. Steel industry, gone. Government, the zenith of inefficiency and waste. Public education, struggling. Government pensions gifted to Unions and driving localities, municipalities, states and the Federal government closer and closer to bankruptcy and yet, Obama loves a union. Unions have proven to be a deadly albatross to so many American principles. Obama’s union policies are bad for America.

THE WARS. Now this is a strange one. Why is Obama breaking his promises regarding the wars on a regular basis, most recently retracting his position on exiting Afghanistan? Why does he continue with apparently no exit strategy in both wars? Here’s why. Wars run up the deficit. They further in debt our nation leading us towards collapse. That’s why. Maybe on the surface he doesn’t like war, but what he likes more is the destruction of America. And wars, especially wars of the ilk we’re in, are good ingredients for an American demise. Bad for America.

ENERGY. He lied about off shore drilling is now, given the gulf crisis, back tracking from his lie during the State of the Union Address. He keeps arguing for “going green” despite the established proof that it costs jobs, hurts the economy, and is a camouflage for more government control, regulation and burden on the economy. If you think “green” is good, check out Spain with its twenty percent unemployment rate. Bad for America.

DEFICITS. Deficits are a looming if not already arrived disaster for America and yet Obama keeps spending, keeps growing government, keeps borrowing. Bad for America.

I could go on with more examples of his policies, i.e. “don’t ask don’t tell, offshore drilling, contempt for profits, contempt for information (he recently said there was too much information and argument on the internet and talk radio which injures emancipation and democracy), his anti-Second Amendment, his belief that the Constitution is incomplete because it doesn’t address redistributive justice, and more. But I’ve said enough. You get my point. Obama doesn’t like America, at least not the America we love and cherish and the one that the world needs so desperately.

So face it folks, the facts of the matter reveal it. He says it. His minions say it. Obama and his minions want to destroy the America that saved Europe from Hitler, the America that is prosperous and generous, the America that has freedom and liberty as its driving force. He said as much when he repeatedly said that he wants to fundamentally change America. I’ve said it before, but fundamental is defined as the origin of existence and that’s what Obama wants to change, our origin of existence which are our god given, not Washington allowed, rights as set forth in our Constitution.

Rush Limbaugh was right when he said he wants Obama to fail. I do too. Any true American should, because his failure means we’ve saved America, the greatest nation in the history of man built on a simple yet exquisite document which our President has contempt, which our President doesn’t even understand. And I have hope and confidence that he will fail, because no man is capable of fighting our fundamentals, they are God given, and regardless of what our main stream media thinks of Obama, he’s nothing compared to God. And there’s nothing wrong with desiring a foe to fail. Just like a sporting event, you want your team to win and the other team to lose and that’s metaphorically what we have here, two competing teams with diametrically opposed philosophies. O.K., I’ll say it another way. I want our side to win. I want it to be a blow out. I want good to prevail over evil but notwithstanding that I believe that our fundamentals are God given and the obvious implication that if you are against our fundamentals you are fighting with God, a bad fight to pick, I’ll save the good versus evil for another blog.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz

Sen. Charles E. Schumer, New York Democrat, said Sunday that American, Delta Air Lines, United Airlines, US Airways and JetBlue Airways each have committed to him that they would not institute fees for carry-on bags. He said he was hopeful other carriers would follow suit. Spirit airlines will charge fees for carry on baggage. Mr. Schumer said he planned to meet with the leadership of Spirit Airlines in the coming week. Mr. Schumer’s intention is to change Spirit’s mind. He will have an uphill battle. Ben Baldanza, Spirit’s president and CEO, told the Associated Press on Sunday that his airline still plans to go forward with its carry-on bag fee.

Good for Mr. Baldanza! The audacity of Senator Chuck Schumer to even think that somehow he as the authority to tell a private enterprise how much to charge is amazing, not to mention un-American. What are these Washingtonians thinking? Do they need a refresher course on free enterprise and liberty? They do. In fact a bunch of them need a refresher course, a “what for” in their faces. For example:

Representative Henry Waxman called upon the CEO’s of Verizon Communications, AT&T, Deere & Co. and Caterpiller to testify as to why they wrote internal memos to their employees describing how President Obama’s takeover of the health care industry will cost millions of dollars – billions in the case of AT&T. The non-political memos stated how their company’s would be affected by ObamaCare. The corporations that are under fire are required by law, the Security and Exchange Commission, to report this information.

President Obama, twelve days after being elected as President of the United States, was quoted to saying in a one-on-one television interview on 60 Minutes with Steve Kroft what he wanted to do for college football’s maligned championship game selection. Kroft asked “As president of the United States, what can you do, or what do you plan to do, about getting a college football playoff for the national championship?”

President Obama answered: “I think any sensible person would say that if you’ve got a bunch of teams who play throughout the season, and many of them have one loss or two losses, there’s no clear decisive winner that we should be creating a playoff system. Eight teams. That would be three rounds, to determine a national champion. It would it would add three extra weeks to the season. You could trim back on the regular season. I don’t know any serious fan of college football who has disagreed with me on this. So, I’m gonna throw my weight around a little bit. I think it’s the right thing to do.”

Senator Orin Hatch: The Obama administration and top Republican Orrin Hatch may become the driving force behind a legal move to force a college football playoff system.The AP says the Obama administration is considering several steps that would review the legality of the controversial Bowl Championship Series, the Justice Department said in a letter Friday to a senator who had asked for an antitrust review. In the letter to Sen. Orrin Hatch, obtained by The Associated Press, Assistant Attorney General Ronald Weich wrote that the Justice Department is reviewing Hatch’s request and other materials to determine whether to open an investigation into whether the BCS violates anti-trust laws.

Of course, there’s AIG, General Motors, Chrylser, Obama-Care, and the new push, financial regulation. How convenient that the Justice Department filed a civil action against Goldman Sachs just days before Obama visists New York City to push financial reform.
Obama’s financial reform plan would create a new government body, the Consumer Financial Protection Agency (CFPA), which would “write rules, oversee compliance and address violations by non-bank providers (!), as well as banking institutions.” This agency would have to enforce its rules and would, according to the Obama design, be able to go after any firm that offers credit to consumers. Any firm! Obama’s plan would allow the CEO of the United States, him, to determine which company is “too big to fail.” His plan has a “back stop” for these firms. Government backstopping will allow these firms to be able to borrow at lower interest rates, just as Fannie Mae and Freddie Mac, have for years. (the biggest failures and by coincidence the most protected by government, with no hope of paying us back) have for years. If a firm gets in trouble, wala! Uncle Sam steps in and controls. Uncle Sam loves to control as of late.

Here’s the problem with all of these control tactics. I thought this was the land of the free. Free to succeed, free to fail. I thought if a company charged too much, then the free market would judge. I thought if a group of universities wanted to structure their playoffs in a certain way, go for it, it’s a free country. I thought that if a CEO spoke out, especially if the speaking out was simply complying with the law, go for it Mr. CEO, he wouldn’t get subpoenaed to Congress to explain why he was dissenting. I thought a lot of things, but then the cancer called Washington, led by the ultimate government carcinogenic, Obama, grew malignant. Now I question my thoughts. All of these control tactics are ignorant and contemptuous of American principles, such as liberty, for one. Let’s face it folks, these guys in Washington don’t have a clue about what makes this country tick. They actually believe that it is they who make this country tick. They could not be more wrong. They are parasites and we are the host. They should know that the parasites future does not shine bright when they kill the hosts.

We need to fix this mess. We need to vote the bums out this year, all of them. We need to get to work.

That’s my Reetzality for the day.

Thanks for the read.

Brett Reetz