A Plebe's Site

Quam bene vivas referre, non quam diu.

Tax and Spent Progressive-Democrats

Posted on 28 June 2019 by eehines

In spades. They’re in a race to bankrupt us. Or, as The Wall Street Journal put it,

The Democratic presidential primary is turning into a bidding war.

Senator and Progressive-Democratic Party Presidential candidate Elizabeth Warren (D, MA) has broken out of the starting gate with an offer of forgiveness of $640 billion in student debt for our votes.

Senator and Progressive-Democratic Party Presidential candidate Bernie Sanders (I, VT), though, has caught her at the first turn: he’s offering $1.6 trillion (yes, that’s with a ‘t’) in canceled student debt plus tuition-free “public” colleges.

And both, and their fellow horse racers, are offering tens of trillions more dollars on their Green New Deal variants, health care for all variants, government jobs guarantee variants, social security for all variants, and on and on.

Free stuff for all, and all they want is our votes. And the destruction of our economy and our wallets.

Federal Government and Home Lending

Posted on 28 June 2019 by eehines

Investors worry about the impact on home mortgage costs from the Trump administration’s efforts to reform Federal involvement in the business—for instance, cutting Freddie Mac and Fannie Mae loose from Federal controls and support.

The WSJ‘s subheadline of the article at the link sums up those investors’ worry:

[A]ny overhaul to Fannie Mae and Freddie Mac could reduce or eliminate the federal backstop

To which this investor—and home-owner and mortgage payer—says, “Yeah, and?”

There should be no Federal backstop at all, there should be no Federal involvement in this, or any other, industry at all. Federal involvement only distorts the market, and Federal money, being the increased demand of additional and protected money, only drives up costs.

TANSTAAFL

2 + 2 must always = 4
–Polish proverb

Be not intimidated… nor suffer yourselves to be wheedled out of your liberties by any pretense of politeness, delicacy, or decency. These, as they are often used, are but three different names for hypocrisy, chicanery and cowardice.
–John Adams

Nothing in the universe has a shorter half-life than a politician’s memory for inconvenient facts.
–Admiral Hamish Alexander, RMN

Dawn is nature’s way of telling you to go to bed.
And to just stay there until the evil yellow disk is gone again.
–Anonymous

In a polity, each citizen is to possess his own arms, which are not supplied or owned by the state.
–Aristotle

The way to stop discrimination on the basis of race is to stop discriminating on the basis of race.
–Chief Justice John Roberts.

A yawn is a silent scream for coffee.
–Shane Mclean

If I had eight hours to chop down a tree, I’d spend six hours sharpening my ax.
–Abraham Lincoln

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