End Fannie and Freddie’s Insistence on Functioning

Home Ownership is Not a Right of Citizenship
Authored by:  William Robert Barber

Since the Age of Reason political philosophers, elected, appointed, and to some limited degree, those who claimed the power of Divine Right; danced with the notion that government was directly responsible for the social welfare of its constituency. The concept of empowering the state with responsibilities that heretofore was set aside to churches, synagogues, other religious entities, charities, or private contributions has evolved into a constituency-acceptance; indeed, an often contractual understanding that the government is responsible for social obligations.Read More »

Advertisements

Congress’s Practice of Unintended Consequences – The Joy of Homeownership for All!

High School Reunion
Authored by:  William Robert Barber

Recently, I attended a 45-year high school reunion. My classmates have lived long enough to have married, remarried, have grandchildren, and retired. We drank, ate, drank a little more and conversed on a multitude of topics.  Some were Democrats, some Republicans, a few did not declare and the rest really did not give a damn. The commonality of interest was our shared interest in community, family, and the general state of present affairs. Our opinions differed, but though out the differing there prevailed a standard of tolerance and a consistency of extending outward for understanding.Read More »

Illusive Truth in Politics

Voir Dire
Authored by William Robert Barber

There are numerous methods and means of persuasion. The act of persuading via the use of logical deduction, reasonableness, and evidentiary discloser is revered as a respected form of expression. One would believe that the truth of an argument does exist; thus, a search, utilizing reason, sensibility, and logical deduction would extract the truth so all competing views could agree on the truthfulness of the heretofore contested. After all are not all Americans, one peoples, under law, and committed to explicit righteousness? We do pride ourselves in the values sustained by our republic; a republic founded on representative government, a constitution, and the inherent virtue of the individual.Read More »

Global Trade – Profitable Resale Not Transfer of Wealth

Authored by:  William Robert Barber

I have a real tough time understanding the newest battle cry over the concept of energy independence; wherein, the creditable ones confidently declare, to a willing community of listeners and readers that: Never in America’s history has an annual $700 billion dollars been paid out of this country to foreign nations. These geniuses, who include, T. Boone Pickens, go on to note that this is the largest transfer of wealth in the history of mankind.Read More »

When Does Redistribution of Wealth Become Highway Robbery?

When Is Enough-Enough?
Authored by:  William Robert Barber

I have a small business; the business employees less than 30-people. My business is highly regulated and subject to scheduled audits by my sponsoring banks, as well as, VISA and MasterCard. Naturally, like every other business in America I am required to risk capital and resources so to meet current obligations; it is understood that if I do not create cash flow and profits I will loose my capital. I understood going into the investment that there are no guarantees issued by the US Government to insure my investment; I also understood, that if I did produce a GAAP measure of profit those profits were subject to a federal tax of 35%. Additionally, if the business issued a dividend to the shareholder that dividend was taxed at 15% and depending on my tax bracket I could be taxed once again on my personal income tax obligation at 35%.Read More »

A Nation of Whiners

Authored by:  William Robert Barber

Former Senator Phil Gramm a leading supporter of McCain has given the Democrats another gift of ridicule; nevertheless, the able senator has given to the American people the truth of the matter. We have become a nation of whiners. McCain immediately distanced himself from the comment by doing a little whining himself; pointing out that an unemployment rate of 8.5 percent in May is real and that the worker who has lost his or her job is simply out of work and not a whiner. Well, that maybe, I have the answer for the unemployed worker-stop even thinking about whining; go secure another job. I have no reason to doubt the unemployment percentage in Michigan but that does mean 91.5 percent of the citizens of Michigan are working. And for Michigan here is some advice: Cut your state wide taxes in half and stop electing Democrats.

The judicious Seneca, the Roman stoic philosopher knew that life was full of difficulties and that even when a man could not control these difficulties, he can, “choose not to whine or fret or do evil.”

The Why’s of Hillary’s Loss

Clintons Are Dead All Hail Obama
Authored by:  William Robert Barber

The post-contest pundits have a number of reasons as to the whys of Hillary’s loss to a politically far left, untried, multiracial contester who considers himself a member of the black community; most of these reasons are obvious all of them covered under the umbrella of strategic and tactical mistakes.

Nevertheless, what stood out (at least for me) from these obvious campaign mistakes was the most willing, almost gleeful, abandonment of Clinton by the purple toga elements of the traditional Democratic Party. Even more outstanding, many of the once Clinton faithful, who in fact, directly, owe their present political positioning to a Clinton era anointment, dropped Clinton in favor of Obama with willful disdain and abrupt disregard. For these former members of the Clinton political family it was if they were under some form of extortion or parental abuse and finally the kidnapped family member was freed or the children had grown up.

Now there could be another reason for the failure of the Clinton political machine falling short on achieving their party’s nomination. The reason has ample historical reference and fits tightly into the Democratic primaries actual; possibly, the core leadership of the party decided they could control and manipulate an Obama administration much better than they could manage a Hillary Clinton.

After all, the entrenched Democratic leadership is interested in their personal preservation of preeminence; one should not minimize the grand November election opportunity: To control congress and the presidency. Once in place with a probable veto proof majority the Democrats will have the ultimate weapon of political utility. Their first offensive will be to chastise the chosen corporate belligerents via the statutorily monetarism of private interest into public power. The Clintons have too many friends within the corporate hierarchy to allow the kind of change the Obama faithful would straightforwardly implement. Interestingly; and somewhat contradictory, all of the Democratic leaders are multimillionaires, Ivy League members of the patrician class whose ethos of elites’ belief prompts the ideal that their wise benevolent consul of paternal superintendence would be cheerfully received by a President Obama.  It is their reckoning that a President Obama would surrender, (for less consideration then a President Clinton) the governing prerogatives, as long as; he is appointed the Prince of the Canaille and permitted to speak to their salubrious need for communitarian socialism paid for by a tax policy of ultra progressive implication resulting in a meaningful redistribution of wealth.

Bread and beer to the multitude and power to the multimillionaires of the Democratic purple toga; Obama the uncommon politician who will change Washington as it has never been changed before is a beckoning reality.