Tuition, Education, and OWS

First off, this was quite possibly the most painful two minutes I've spent in...quite awhile. Since the last time I was forced to sit through an Obama speech. Or Rick Perry's ramblings. This gentleman seems quite confused as to what, exactly, a protest is supposed to be. When a protest/rally has degenerated to the point where, as the interviewer said, the protesters are "putting your Christmas list on a sign and waving it in the air," I think we can definitively say that it has sunk to the point where it will most likely achieve nothing of consequence.

Now, I know that this young man is only one among thousands. And my purpose in this post isn't necessarily just to nitpick on the fact that he doesn't seem to know what he wants. It's more to prove why his wish-list is pretty ridiculous, and why the wish-list of so many others in the Occupy movement are just as far-fetched.

Yes, corporations are bad. They restrict the free market, monopolizing market resources and pooling them into huge vats of capital that they can draw from at will. They also have a bad habit of forgetting the little guy in the midst of their financial orgy. I think it would be a very good thing if they ceased to exist entirely, to be replaced by something more friendly to the idea of liberty. At the same time, corporations and rich people are not necessarily synonymous.

There is a line that needs to be drawn there, in my opinion. Rich people may have gotten rich using a corporatist model. Or they may not have. And even if they did, they still earned the money. Perhaps not fairly, but since when has life been fair? The mere possession of money does not make a person evil or, in the language of my siblings and certain statist Democrats, "mean." It simply means that they were more clever and quicker on their feet than the rest of us. (Nor, I would add, is inherited wealth a bad thing. It was still earned, and should belong to whoever its original owner wants it to.)

What concerns me is not necessarily the idea that corporations or bad, or even the idea that rich people are bad. What does concern me is the very prevalent idea that the government should do something about the badness of corporations and rich people--usually, the idea goes, by stealing money from them and giving it to poorer people. Or, at least, giving it to the government so that it can give it to poorer people.

Or, as the gentleman in this video seems to want, to pay for his college tuition.

I totally get the value of a good education. I think that it is necessary to maintain our standard of living and the society we have now. I do dislike the idea that college is the only place you can get such an education (seeing as I'm probably not going to be attending college), but I also realize that there are some professions that require the specialized education a college course can give one. That said, I think it is far from the government's responsibility to ensure that everyone gets a good education. We've been trying that, through the public school system, for the past thirty years, and the quality of our education has only declined. Do we really want to get the government involved in our places of higher learning?

There is also the libertarian argument that for government to pay for college tuition would be utterly unfair, since it isn't my responsibility to make sure anyone else gets an education. Go get a job and pay for your own college degree if it means that much to you.

Now, this young man may be saying that he wants the evil rich people to pay for his college tuition. But that isn't right, either. If some philanthropic, wealthy individual does want to help him through college, more power to them. But they are under no compunction to do so, and they shouldn't be. That is called plunder, and whether legal or illegal, it is wrong. We simply can't take money from private citizens and give it to other private citizens--or rather, we shouldn't.

And that is my take on this subject.

O, the Things that I've Missed

And I don't really mind. A quick update - my summer activities are over, which of course means I'll have to start school soon. Sometimes being homeschooled is nice, though. I get to decide when to do my schoolwork. Haha. China was awesome, and I wish I was still there, except for the annoying fact that I couldn't get Facebook there. I love Facebook. But you don't really care about any of that, so I'll get into the interesting here's-what-I-think-about-all-the-junk-that's-still-going-on portion of this post.

Apparently the economy is fixing to crash. Again. In fact, our ole' friends Fannie and Freddie are even in the news again, as credit ratings on those institutions plummet. As if they weren't already in a 5-mile hole it had drilled in the crater made by the last market tank. The cause of the whole commotion seems to be centered around the fact that our Congress has finally realized that you can't expect to both borrow trillions of dollars and pay off trillions of dollars at the same time. (This is especially difficult with trillions of dollars in broken programs hanging onto the trillions of dollars in revenue the government brings in. Just pointing that out.)

In fact, it's apparently gotten so bad that Congress has realized bandaids aren't going to fix their bleeding head wound. They might have to cut more than the $1.5 trillion they'd planned on from the budget deficit. Over the next decade. Of course, we can't get rid of any really important programs like that extra aircraft carrier, Congressional salaries, or the Department on Aging, but we'll see what we can do.

Meanwhile, the 2012 presidential campaign seems to be getting started. Yay. Can't wait for that drama. Something I've observed: adult drama is just as tiresome as teenage drama, they're just older, and political drama is just as tiresome as adult drama, it's just the politicians have more money to spend. (We won't get started on celebrity drama; it's basically just teenage drama with more public scrutiny.)

Rick Perry, Texas' very beloved governor is cementing his run for President, most notably with a day of prayer he hosted recently. Of course, all the conservative Christians are now singing his praises, declaring that they'd love such a righteous president. Blech. Study what he's done to Texas sometime, then come talk to me.

The rest of the GOP field is just as depressing, with the hesitant exceptions of Ron Paul and Gary Johnson: Michelle Bachmann, Herman Cain, Allen West. It reads like a list of who's-who of warmongering Republicans. But I'm being unkind. Can't have that.

I've not really researched the Democratic field, but I'm pretty sure (quite positive, actually) that President Obama will be their candidate. Not only is he in a strong position as an incumbent president, no matter how unpopular, but he still has the hearts of quite a portion of the Democratic voting base. And so, this race will come down to Obama and the candidate who wants to get butchered in the polls.

Economic Woes

The economy is still failing- at least, if you measure the success or failure of that sector by unemployment rates, which still stand at over 9 percent. This rate is increasing amongst high-tech skilled workers, who are getting laid off due to lack of work- and then their jobs are being given to younger people fresh out of college. Exacerbating the problem is the fact that many of these jobs are now being sent overseas, where there is a burgeoning job market for these kinds of talents, and where workers will do the same work for less than Americans.

As we know, high-tech positions and workers aren't the only ones being hurt by this recession, but I think there is some credibility to the argument that they are sometimes hurt more than less skilled laborers. If an electrician gets laid off, he can get a job somewhere else relatively easy, even if it isn't electrical. But if there is a drop from somewhere like Hewlett-Packard as a computer engineer to fast food...well, that just isn't good.

But you know, don't worry. Our fearless leader has a plan. He's calling for $50 billion to be put into a new infrastructure fund and for there to be a push to upgrade the roads and railroads of America, thereby creating jobs.

It's about time, if you ask me. Some of the stretches of interstate highway I've seen are absolutely disgraceful. (Still better than some stretches of highway between Lusaka and Livingstone in Zambia, Africa, but still pretty bad. ^.^)

This is one measure I think I could potentially agree with President Obama on. Our road and railroad system is due for an overhaul, and this seems like a good idea. It may or may not be wise during a time of economic upheaval as we're in, but at least it's Constitutional. I also think some of the logic behind the plan, that of hoping to prevent earmarks headed for transportation projects, is good. It might make our lawmakers more focused on important things. Or wait...maybe we don't particularly want that.

In any case (and all jokes aside), at least they're still trying. But there's one area that some are saying shouldn't be maintained, and they should stop trying.

That's the housing market. From this article:
"As the economy again sputters and potential buyers flee — July housing sales sank 26 percent from July 2009 — there is a growing sense of exhaustion with government intervention. Some economists and analysts are now urging a dose of shock therapy that would greatly shift the benefits to future homeowners: Let the housing market crash. When prices are lower, these experts argue, buyers will pour in, creating the elusive stability the government has spent billions upon billions trying to achieve."

In the Texas town where I live, house sales are crazy. You drive down a residential street, and you're almost guaranteed to see a house for sale. And these houses aren't selling. They're just sitting there on the market, waiting for someone with enough money to come along.

And as the article above pointed out, despite the billions of dollars the government has pumped into the industry, it hasn't helped. The housing market is still failing. Further, the government insured thousands of loans and credit for mortgages on new houses, and now those people are defaulting, costing us even more money.

Personally, I agree that they should just leave it alone. Experience shows us that oftentimes, when an industry like this goes down, it springs back up soon after. People have to have houses to live in, one way or the other, and they'll continue to buy them, just as they will food or clothes.

State of the Union, Part I

**I know, I know, I was supposed to do this last week. Shoot me. :P**

Well, I'm going to read over the transcript of President Obama's State of the Union address, and comment on a few of his comments...and politely applaud if I actually agree with him. :P And yes, it's late. Oh well. ^.^

First off, I'd like to rant about the many times applause interjected. It was quite annoying. Like really, really, really incredibly annoying.

Simply put, at least at first, President Obama's address seemed to be yet more of the hopey-changey mumbo jumbo we were subjected to during the campaign. Nothing much of consequence, no real solutions offered; just "moving forward" and hope. Yeah, sorry, but moving forward doesn't pay the bills.

"And if there's one thing that has unified Democrats and Republicans, and everybody in between, it's that we all hated the bank bailout. I hated it -- I hated it. You hated it. It was about as popular as a root canal."

He hated the bank bailouts? Well we sure didn't see that when he was pushing for them so hard, and when he quite eagerly crammed it into his budget, despite the economic ramifications that would almost certainly ensue (chief among them a higher debt and deficit, higher taxes, more spending on a federal level, but less on a state and individual level).

"Now, let me repeat: We cut taxes. We cut taxes for 95 percent of working families. We cut taxes for small businesses."

He cut taxes on small businesses. Really? My dad owns his own business, as I think I've mentioned before. This year, he paid $12,000 in taxes. Twelve thousand dollars. My family is not rich; my dad's business is not rich. He has five employees, plus a CPA. This year, we couldn't even draw a profit check. Yet our capital gains taxes went up.

I'd also like to add that just because paper says a business made a 'profit' doesn't mean they have that money. On paper, my dad's electrical company made a profit. Yet we have no extra money in the business' bank account. **Pet Peeve Moment**

"The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act."

Ah. So the fact that the American people are just resilient has nothing to do with it. It has nothing to do with the fact that the market is doing its job, at least in part. Oh no. It was all the doing of the Almighty Government.

I'd also like to point out that...um...well, most of that money hasn't even been spent. So unless they managed to (through some conniving on the part of the Fed, no doubt) stretch each dollar by several hundred thousand, I don't see how that much good came out of the little they actually spent. (The rest is, apparently, still sitting in a treasury somewhere. Or currently coming off the presses in the Federal Reserve mint.)

"And to encourage these and other businesses to stay within our borders, it is time to finally slash the tax breaks for companies that ship our jobs overseas and give those tax breaks to companies that create jobs right here in the United States of America."

Excellent idea. I mean, like imagine that- companies leave because they have to pay high taxes!

But just giving them tax breaks isn't enough. One of the most basic rules of economics is that people will not do things unless there is an incentive to do them. If there is no incentive (money) for companies to hire people here, they won't- and I don't think miniscule tax breaks will do much to add said incentives.

We need to make it easier for companies to keep workers, especially smaller businesses. They can't, not because there aren't enough tax breaks, but because they have to a) pay so much to their workers, b) pay so much in benefits to their workers, and c) they have to pay so many taxes for their workers.

Yes, yes, we all feel sorry for the poor laborers of America who unjustly toil while their evil bosses, the ones who really benefit from capitalism, drive them unmercifully hard. But then again, that picture isn't real. So it's really a nonissue.

Workers in America don't need to be paid so much. There's something messed up when a person can get paid $7.50 an hour at Walmart for putting my bleach and apples together. Pay should be by merit, not by what the government says employers have to pay. This is simple- if someone does a good job, they get more money. If they do a crappy job, they don't get money. Too bad for them. Maybe they'll grow up and see that "Hey, I need to do a better job!"

Something I just noticed- Obama likes setting Goals. Perhaps we should give him a button- Honorary Goal Setter of the United States of America.

"Still, in this economy, a high school diploma no longer guarantees a good job."

What constitutes "a good job"? Sorry, but not everybody can have a job that pays $100,000 a year. We have to have garbage men and plumbers and electricians and sewer scrubbers and all sorts of other people. Those are still good jobs. We need people who can flip burgers and stock shelves and sew shirts and do nails. Those are still good jobs.

Someone has to do them. And if everybody has a college degree, there will be no one to flip burgers or take out the garbage or clean out our blocked sewers or fix our lights. Then your college degree is pretty much worthless. I'm not saying people shouldn't be able to pursue their dreams...but people shouldn't be pushed to do something they cannot feasibly do, whether because of money, time, or other constraints. That is just as wrong. (And besides, I've met a few people whose highest goal is to be a garbage man or a plumber.)

"And let's tell another 1 million students that, when they graduate, they will be required to pay only 10 percent of their income on student loans, and all of their debt will be forgiven after 20 years, and forgiven after 10 years if they choose a career in public service..."

...Wow. No. This isn't how debt works. If people get into debt so they can go to college, that's their problem. Too bad for them. If they knew they wouldn't be able to pay for it, they shouldn't have gone, or they should have made better money choices.

Secondly, I don't think we should be telling college students the taxpayer will foot the bill for them. My goal is to be able to either work or pay my way through college. Yeah, it might be difficult. It probably will be. But I'm not going to steal from others, or chain myself to a huge debt because I couldn't plan ahead and manage my money.

Of course, I do think college tuition could go down. Significantly. How much they charge for the privilege of going to college is nuts, and I'm pretty sure those deans and board members aren't exactly hurting for money. They could lower rates. (But they won't, because they know their education can only be gotten in certain places, they're some of those places, and people will pay whatever it takes.)

"I didn't choose to tackle this issue to get some legislative victory under my belt. And by now, it should be fairly obvious that I didn't take on health care because it was good politics."

Nevertheless, it is good politics, and I haven't seen anything but rhetoric that says otherwise. The political reality is this- if he doesn't get this passed ASAP, he's going to be in big trouble with his base.

It still amazes me how much Obama throws into the Federal government's court. Sorry, but ensuring everyone has affordable coverage is not the Federal government's job. You might- might- be able to swing it through state governments. But not the Federal government. It is so unconstitutional on so many levels. That is the job of the free markets and (my, here's a concept!) the people. If people wouldn't blindly follow the insurance companies and their elected officials (*coughRepublicanscough*) we would be in a lot smaller mess.

"By -- by the time I took office, we had a one-year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade. Most of this was the result of not paying for two wars, two tax cuts, and an expensive prescription drug program."

This I can agree with. Bush did do a lot of bad things, and a lot of it left us a lot deeper in debt. But that doesn't mean Obama has to continue the process. I thought the point of "Change" was to change the past administration's bad policies and find good ones...not just continue the old bad ones.

"I'm absolutely convinced that was the right thing to do, but families across the country are tightening their belts and making tough decisions. The federal government should do the same."

Agreed. Like oh, cutting back on spending. And to be quite frank, adding trillions to the debt heap with a healthcare bill that won't do a thing isn't going to help us dig out of said debt heap. Believe me.

"To help working families, we'll extend our middle-class tax cuts. But at a time of record deficits, we will not continue tax cuts for oil companies, for investment fund managers, and for those making over $250,000 a year. We just can't afford it."

We could if we'd start scaling back programs that are already bankrupt and have fundamental flaws. Like Medicare. Instead of adding more bandaids to the huge gash in it, let's just let it go down. Or welfare. Too many people are dependent on it. Wean them off. Or the Department of Education. Guzzles money, and our literacy rates are declining. Let's rethink that one, make it so that it works better, for less money.

Or Social Security. Good idea, bad results. Too many people get it, too much taxes get taken to pay for it. DHS, TSA...yeah, those could go and I don't think anyone would cry bucket loads of tears. The wars. And our foreign bases. Excess foreign aid. All those things could go, and there are other things I'm sure I'm missing...or rather, it would take much too long to list them all. Like the Administration on Aging. Or the Arthritis and Musculoskeletal Interagency Coordinating Committee (Seriously, it's a real committee).

Endless Programs, Endless Possibilities for Fund Reduction.

"And when the vote comes tomorrow, the Senate should restore the pay-as-you-go law that was a big reason for why we had record surpluses in the 1990s."

Something that would really help us- either bribing the Federal Reserve, or getting rid of it. It has a past history of artificially inflating our currency, then letting it plummet back- or the other way around. Either way, it isn't good. Now, I see no problem with a pay-as-you-go policy. It's actually quite a wise way to do things. But um, well, I don't think it'll help much when the Senators keep raising their incomes. And sending money to special interests. Nope nope nope.

"From some on the right, I expect we'll hear a different argument, that if we just make fewer investments in our people, extend tax cuts, including those for the wealthier Americans, eliminate more regulations, maintain the status quo on health care, our deficits will go away.

The problem is, that's what we did for eight years."

Actually, that's really not what we did for eight years. What we did for eight years is Regulate, Spend Some More, Start A War, Make A Gaffe, Distract the Pesky People, Start Another War, Regulate, Spend Some More...

Not exactly a recipe for success, or debt reduction.

Part II soon to come.

Thomas Jefferson on Debt

"We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds...[we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers... And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for[ another]... till the bulk of society is reduced to be mere automatons of misery... And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."
Thomas Jefferson

Americans and Spending

The American people are finally figuring out that you can't just spend as much money as you want.

Too bad the government isn't taking a cue from them.

A Solution to Bankruptcy

"And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially. We’re going to go bankrupt as a nation,” Biden said. “Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.”

Okay. I never knew one could spend as much money as they wanted...and not go bankrupt. Where is the line here? Of course, the fact that America is already bankrupt (and has been, for quite awhile), is something to consider.

But guess what, Vice President Biden? When one is in debt up to their eyeballs, and has absolutely NO money, it isn't wise to keep spending.

I wish it were, though. I mean, just think of what I could buy...and operating on that logic, never have 'no' money left!

Unemployment and Debt

Well, despite all the media hype about how President Obama was going to pull us out of the recession, more people are still losing their jobs. The unemployment rate climbed to 9.5 this past month, and where oh where has all the money gone?!

Well, let's see...billions to foreign aid. Billions to welfare. Trillions to our crummy public education system. And the Fed continues to print more Monopoly money, so be assured that the weekly 'Free Parking' truck will be around quite soon!

Now, perhaps I'm being unfair. But I don't think so. The government seems to think that the only way to achieve prosperity (a rather shallow goal, at the best of times), is to get in debt. We have a President who apparently worships debt, hailing it as the end-all to economic success.

Somebody needs to hit them all upside the head with a great big dose of reality.

Debt doesn't bring prosperity. The only thing it brings is 'Stupid tax' as Dave Ramsey phrases it. America is paying a lot of stupid tax. Or, they would be, if the government was actually trying to pay off their debt instead of let it fester and accrue interest...and be there so China can own us in a few years.

Debt does not equal economic success. Like I said, it only brings with it more spending. If my family had not bought a house that was too expensive, and hadn't bought so much stuff on credit, we would be comparatively well off right now. Yeah, we might not be living in the best neighborhood, but we wouldn't have to worry about where food was coming from next week.

A lot of families are in that fix. Why? Because they've gotten themselves into debt.

Now, back to our original topic.

Why is 'creating jobs' the end-all? It isn't the government's job to create jobs. It never has been, and it won't be. Ever. But, somebody needs to tell that to our Smart and Smarter legislators in Washington. Oh, and to our President. (Somebody also needs to tell him lots of other things, but that's another post.)

I truly think that if the government would back off and let the economy run it's course, we'd see an improvement. The people who run these businesses know what they're doing. They're trying to make money. Having to kow-tow to the government doesn't make them money. Firing or laying off people doesn't make them money.

Neither do unemployment taxes, or social security taxes, or any of the other dumb taxes they have to pay to the government. It isn't profitable to run their businesses. So, they'd be pretty silly if they stayed in a business that wasn't making them money.

The government needs to back off already. Seriously.

Debt, Aid, and Zimbabwe

Why, you ask, are we sending money overseas when our own country is in a mountain chain of debt?

I don't know.

Ask our President.

Of course, he's likely to tell you that "we continue to be concerned about consolidating democracy, human rights, and rule of law", so we have to help people overseas, too!

Let's forget the fact that the US is trillions of dollars in debt, China virtually owns us, every single country in the world hates us, we're single handedly funding the UN, and people hate what our government is doing.

Forget all that, because after all, we have to help others!

I'm all for helping others, but let's let private citizens and charities do so; not the government of the United States of America!!