Just reading the ever insightful OPED piece of Professor Krugman on Voodoo economics and the conservatives peddling it. He makes a good point about the real motives of the perennial tax cut peddlers: they want to starve the beast, and force feed small government ingrained purely as an ideological proposition. But here I for one will accuse Prof. Krugman of an incomplete thought (very rare of his insightful pieces).
For one, why will republicans or conservatives for that matter hue to this "starve the beast" mentality? What do republicans gain by force feeding cuts in social security? What political or economic benefits flow from a smaller "beast" (as the government is perceived on the right)?
First the economic. The GOP hews closely to a pro-business line. It is all about the money. A leaner beast, is a weakened government that cannot pay its bills, enforce regulations or make new ones. Business loves this. They can pollute your rivers, feed you paint and poison your toys- no questions asked. They can monopolize, cheat, price gouge and then feedback the money via Supreme Court judgement to their republican lilliputians and win by drowning the progressive message out with money. Get it? It makes sense
Second, the politics. Need I say more? Economic power begets political power..the republicans are only seeking to strengthen their message. A strong effective government, which provide social safety nets that encourage entrepreneurship, is bad for republican-conservative ideas. It dies a natural death. Check out Europe, where this small government nonsense simply don't fly. And you read me right- no single policy is more responsible for entrepreneurship in America as much as the Social Security Program. An assurance that you'll never die in penury is directly connected to your decision to strike out and take a bite at creating a business especially when you are younger. Go figure, and they say welfare is bad for capitalism?
It is left for the democrats , the liberals and the progressives to communicate the true intentions and the real life effect of starving the beast. Starving the best means leaner and meander social safety nets, a return to pre-depression era social construct where the super-rich and super-poor abound side by side. Where crime were through the roof because of social disparity. Where social inequality starved consumer spending and economic growth. Where economic speculation, and get-rich-quick schemes were rife, and where stability was substituted for gun-sling economic theories. Where few monopolists held the nation hostage, and permanently financed a politically conservative faction (sometimes, then the Democratic Party-imagine Prez Teddy a republican was the Trust buster!) in power and ensured no light of day for progressive policies. The height of this era was the Great Depression. Want another great depression?
Well my questions for Republics, what will Teddy think? And yes speaking of deficits, guess who piles them? You guessed right! Republicans!
Where the mind of an eccentric journey-man paints life on the canvas of the world wide web with no apologies
Wednesday, July 21, 2010
Wednesday, July 14, 2010
Hand of Fa(ith)te?
A lame attempt at faith based ideological approach to fictional writing. If you desire to read a book that reinforces you own right wing ideological underpinnings about abortions (prohibited even after rape), government & politicians (not to be trusted) environmentalists (as terrorists and violent) and immigration (to be considered in family oriented terms), then Lis Wiehl's missive is the perfect read. For me, it was **yawn. Okay, after a few pages, the didactic melo-dramatic effects of who picked what, and what dropped and how and when gives way to the perfect reality that Lis was pushing a point of view.
Few chapters are worth reading, and perhaps the book could be two-thirds shorter if it were written with those chapters alone. The unnecessary dramatization of law, order and jury was one of such boring moments I wished Liz had saved her reader. No wonder it took me three months to finish reading this. Keep this at the bottom of your pile. One star.
Disclosure of Material Connection: I received this book free from Thomas Nelson Publishers as part of their BookSneeze.com <http://BookSneeze.com> book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255 <http://www.access.gpo.gov/nara/cfr/waisidx_03/16cfr255_03.html> : “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Monday, July 12, 2010
The most ridiculous award yet..GCFR
Just when I was fuming about his allocation of ten billion naira to celebrate some independence in London, as well as the ridiculous jumbo pay for FG Senators making the email rounds, I was greeted with this picture
Yes, you guessed it right..the President self-awarded himself the highest honor in the land i.e. GCFR! Grand Commander of the Federal Republic it should read, but definitely Grand Commander of Federal Rogues it actually is! For if a revolution takes place today, and we need to identify the first criminals to take to the guillotine , the National Honors Lists especially the GCFR and GCON section will be a great go-by! People who actually have done something in Nigeria don't ever get GCFR and GCON..they will be lucky to get OON or MON. Criminals, political jobbers and thieves like IBB, and Abacha occupy this list.
The ridiculous spectacle of a sitting President bowing to an old one- and an inept one for that matter just to justify his rather immoral conflict of interest in awarding himself this honor was the height of the ridiculousness of it all! Granted, it was legal (even though a now an extant law would have nullified such). Guess even in the face of the moral double standard of awarding yourself a honor, the President sought to moralize this by gathering his band of thieving brethren aka. political jobbers and former heads of states to award him the honor. Who gave Shagari the power? Under which constitution? By the way, is Gowon not a former coupists? does he still pick a pension? Our nation is long overdue..for a thorough house cleaning!
In any case, if you are not mad enough..here is how much your 109 Senators each make...in a nation notedL where two-thirds live below one dollar a day! Criminal!
__
Basic Salary - N2, 484, 245.50.
Hardship Allowance @ 50% of Basic Salary - N1, 242, 122.70 ( I love this kind of hardship)
Consistuency allowance @ 200% of BS - N4, 968, 509.00
Furniture Allowance @ 300% of BS - N7, 452, 736.50
Newspaper allowance @ 50% - N1, 242, 122.70 ( Which kind newspaper be this shey na online or hard copy).
Wardrobe allowance @ 25% - N621, 061.37
Recess Allowance@ 10%: - N248, 424.55
Accommodation @ 200% - N4, 968, 509.00.
Utilities @ 30% - N828, 081.83.
Domestic Staff @ 35% - N863, 184.12.
Entertainment @ 30% - N828, 081.83.
Personal Assistance @ 25% - N621, 061.37.
Vehicle Maintenance Allowance @ 75% - N1, 863, 184.12.
Leave Allowance @10% - N248, 424.55.
One off payments (As advised by SagamiteSeverance gratuit)y @ 300% - N7, 452, 736.50 (Once they get fired.)
Motor Vehicle Allowance @ 400% of BS - N9, 936, 982.00 - Every Four Years
Senators Salary per month. - N2, 456, 647.7
Total = N29, 479, 749.00 i.e. $193,945
* 109 Senators Grand Total = N 3, 264, 329, 264.10
i.e. $21,475,850
A feeding frenzy!!!
Yes, you guessed it right..the President self-awarded himself the highest honor in the land i.e. GCFR! Grand Commander of the Federal Republic it should read, but definitely Grand Commander of Federal Rogues it actually is! For if a revolution takes place today, and we need to identify the first criminals to take to the guillotine , the National Honors Lists especially the GCFR and GCON section will be a great go-by! People who actually have done something in Nigeria don't ever get GCFR and GCON..they will be lucky to get OON or MON. Criminals, political jobbers and thieves like IBB, and Abacha occupy this list.
The ridiculous spectacle of a sitting President bowing to an old one- and an inept one for that matter just to justify his rather immoral conflict of interest in awarding himself this honor was the height of the ridiculousness of it all! Granted, it was legal (even though a now an extant law would have nullified such). Guess even in the face of the moral double standard of awarding yourself a honor, the President sought to moralize this by gathering his band of thieving brethren aka. political jobbers and former heads of states to award him the honor. Who gave Shagari the power? Under which constitution? By the way, is Gowon not a former coupists? does he still pick a pension? Our nation is long overdue..for a thorough house cleaning!
In any case, if you are not mad enough..here is how much your 109 Senators each make...in a nation notedL where two-thirds live below one dollar a day! Criminal!
__
Senator Earnings - N29, 479, 749.00 ( $193,945 ) Per Year.
Basic Salary - N2, 484, 245.50.
Hardship Allowance @ 50% of Basic Salary - N1, 242, 122.70 ( I love this kind of hardship)
Consistuency allowance @ 200% of BS - N4, 968, 509.00
Furniture Allowance @ 300% of BS - N7, 452, 736.50
Newspaper allowance @ 50% - N1, 242, 122.70 ( Which kind newspaper be this shey na online or hard copy).
Wardrobe allowance @ 25% - N621, 061.37
Recess Allowance@ 10%: - N248, 424.55
Accommodation @ 200% - N4, 968, 509.00.
Utilities @ 30% - N828, 081.83.
Domestic Staff @ 35% - N863, 184.12.
Entertainment @ 30% - N828, 081.83.
Personal Assistance @ 25% - N621, 061.37.
Vehicle Maintenance Allowance @ 75% - N1, 863, 184.12.
Leave Allowance @10% - N248, 424.55.
One off payments (As advised by SagamiteSeverance gratuit)y @ 300% - N7, 452, 736.50 (Once they get fired.)
Motor Vehicle Allowance @ 400% of BS - N9, 936, 982.00 - Every Four Years
Senators Salary per month. - N2, 456, 647.7
Total = N29, 479, 749.00 i.e. $193,945
* 109 Senators Grand Total = N 3, 264, 329, 264.10
A feeding frenzy!!!
Subscribe to:
Posts (Atom)
Welcome
this is www.busanga.com