Wednesday, April 21, 2010

Big Ben Busted

"Big Ben" Roethlisberger has singlehandedly contributed toward improving race relations in this country by proving that it doesn't matter whether you are black or white, you can still behave like a moron.

His six game suspension will cost him more than $473,000 per game or almost three million dollars. In addition, the Pittsburgh Steelers team will be fined several hundred thousand dollars, and there are rumors that he is being offered in trade for a top ten draft pick. The Steeler organization has always been very conservative and very professional, and are fed up with athletes that act like this. That's why they sent Santonio Holmes packing.

Three million for a "roll in the hay" (or should I say "booty in the bathroom") - Ben could have hired all of Tiger's mistresses for a year with money left over.

Friday, April 9, 2010

"No mo money"

The traditional Democratic method of getting votes has been to promise to "take from the rich and give to the middle class and the poor". It is basic Socialism philosophy and very difficult to argue with. We all want to provide for the disadvantaged, but human nature distorts this Socialism philosophy and tends to create an "entitlement culture" whereby many people feel that rather than take responsibility for themselves, they "deserve" a share of the pie, even if they took no part in earning it.

But Socialism has never been successful because those that work hard to make the pie quickly lose their incentive, while the entitlement culture continues to grow as they get used to receiving their free welfare check, food stamps, health care, housing subsidy, etc. etc...

Former Prime Minister of Britain, Margaret Thatcher once said; "The problem with Socialism is that sooner or later you run out of other peoples money".

At the federal level we have not reached that point for one simple reason - the Fed simply prints more money whenever they need it, resulting in a debt that is staggering and will effect generations to come. But the states cannot print money so they are now "running out of other peoples money":

- The city of Los Angeles is contemplating reducing all but essential services to three days a week because they are out of money.

- The state of California, $21 billion in debt recently announced that their state employee pension funds are "underfunded" by almost $500 billion.

- Ten thousand residents of New York City have recently been told that they will not receive their housing subsidy...the City is broke.

- Today 33 states have reported that they do not have enough money to fund their unemployment obligations.

These examples are just the "tip of the iceberg" as our entitlement culture is starting to see the reality of a socialistic society. When the "takers" outnumber the "producers" the society begins its collapse. Or as one wise person put it the other day; "When the number of people riding in the wagon outnumbers the people pulling the wagon, the wagon stops".