OS has played the night owl tonight--too much coffee, too much writing and the mind still buzzes. CNN is carrying the debate from Las Vegas.
Rick Perry has no business outside of Texas. Shrill, arrogant, angry, insufferable, bickering, alternately going for the jugular and running for cover, taking his venom out on Romney, mainly.
In other words, a horse's ass. Not anyone who should be allowed near the White House.
Go home, Rick.
Stay home.
Take Michelle Bachmann with you...holy cow...
Wednesday, October 19, 2011
Sunday, October 16, 2011
Why OS Misses Margaret Thatcher, In Less Than Ninety Seconds
This gem from PMQ's--in which The Iron Lady slays Labour--declaring 'they have no competence on money', and battling against any encroachment of the EU upon British sovereignity.
Her words were prophetic. Had she been heeded, we would not be witnessing Europe coming apart at the economic seams.
Where is her successor? Cameron is a failure and a fraud, and we need a strong Great Britain as never before.
Daniel Hannan, step forward. Please.
Her words were prophetic. Had she been heeded, we would not be witnessing Europe coming apart at the economic seams.
Where is her successor? Cameron is a failure and a fraud, and we need a strong Great Britain as never before.
Daniel Hannan, step forward. Please.
Herman Cain's 9-9-9: Denninger Does Math, OS Does Brunch
There is an increasing public conversation about Herman Cain's proposal for a radical restructuring of the US Tax Code, known as 9-9-9: 9% personal rate and corporate rate, 9% capital gains rate, 9% national sales tax.
The reaction to Cain ranges from the dismissive to the hysterical, but Denninger discusses the math.
To be sure, this gent gets wound up about everything, but get past that, and he makes sense, because he does know how to do math.
OS thinks this approach holds much promise, if coupled with dramatic reductions in government expenditure.
And, on a visceral level: OS loves his country, and knows that it takes money to run it. That's why we should levy taxes--to raise money to run the country. The present tax code is so completely Byzantine that when OS signs on the line above the phrase 'Under penalty of perjury, etc.', he honestly does not know with complete certainty whether the return is truly correct or no. All he can do is make his best effort and hope. It eats up days of productive time each year, and creates huges worries.
President Cain could sign 9-9-9 into law, and OS would cheer. Every time OS has money arrive, he can multiply the income by .9, and send that much in to Uncle Sam.
A one page tax-return is all that would be required.
If 9-9-9 isn't enough, make it 10-10-10, or 12-12-12. Just take our money, spend it wisely, and leave us alone otherwise. We'll all prosper thereby, as OS was relating to his young friend the RestaurantOwner, over brunch this morning...
RestaurantOwner employs twelve people, and has other business interests as well. The Federal gubbmint is beating him around the ears financially, while proclaiming 'it's all about job creation, yadda-yadda-yadda.' RestaurantOwner is attracted to Cain as well, because it will allow him to work and expand his business, and have time for his wife and family.
Increasingly, OS thinks Cain laps the field of the other candidates. His ideas are long overdue. We're headed over the cliff unless we change direction.
The reaction to Cain ranges from the dismissive to the hysterical, but Denninger discusses the math.
To be sure, this gent gets wound up about everything, but get past that, and he makes sense, because he does know how to do math.
OS thinks this approach holds much promise, if coupled with dramatic reductions in government expenditure.
And, on a visceral level: OS loves his country, and knows that it takes money to run it. That's why we should levy taxes--to raise money to run the country. The present tax code is so completely Byzantine that when OS signs on the line above the phrase 'Under penalty of perjury, etc.', he honestly does not know with complete certainty whether the return is truly correct or no. All he can do is make his best effort and hope. It eats up days of productive time each year, and creates huges worries.
President Cain could sign 9-9-9 into law, and OS would cheer. Every time OS has money arrive, he can multiply the income by .9, and send that much in to Uncle Sam.
A one page tax-return is all that would be required.
If 9-9-9 isn't enough, make it 10-10-10, or 12-12-12. Just take our money, spend it wisely, and leave us alone otherwise. We'll all prosper thereby, as OS was relating to his young friend the RestaurantOwner, over brunch this morning...
RestaurantOwner employs twelve people, and has other business interests as well. The Federal gubbmint is beating him around the ears financially, while proclaiming 'it's all about job creation, yadda-yadda-yadda.' RestaurantOwner is attracted to Cain as well, because it will allow him to work and expand his business, and have time for his wife and family.
Increasingly, OS thinks Cain laps the field of the other candidates. His ideas are long overdue. We're headed over the cliff unless we change direction.
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