Quantum Spin

Well, due to some spammer having found this obscure blog, I have been forced to refuse Anonymous posts. I apologize for any inconvenience this may cause for legitimate posters, but since I am unable to send feedback to the offending servers causing them to explode and burst into flames - well, I do what I can. Thank you to all my sincere commentators and may the spammers rot in digital agony.

Friday, March 26, 2010

Walking Tax?

Transportation Department Embraces Bikes, and Business Groups Cry Foul


Transportation Secretary Ray LaHood announced “the end of favoring motorized transportation at the expense of nonmotorized.”

Transportation Secretary Ray LaHood has announced a “major policy revision” that aims to give bicycling and walking the same policy and economic consideration as driving.

“Today I want to announce a sea change,” he wrote on his blog last week. “This is the end of favoring motorized transportation at the expense of nonmotorized.”

The new policy, which was introduced a few days after Mr. LaHood gave a well-received speech from atop a table at the National Bike Summit, is said to reflect the Transportation Department’s support for the development of fully integrated transportation networks.
I wonder if LaHood - wasn't he the bad guy on Pale Rider? anyway - I wonder if Sec. LaHood realizes what pays for road maintenance.

It ain't bikes and pedestrians.

Start squeezing motorized vehicles off the roadways, and they'll have to start taxing walking and biking to make up for the shortfall.

Good Thing The World's Ending in 2012

Otherwise, this might be something to worry about;

CBO report: Debt will rise to 90% of GDP

By David M. Dickson

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

Thursday, March 25, 2010

What's That? Social Security Is Doing Just Fine?

That's what I've been told by some. They claim that SS is so well run and efficient and that it's in fine shape.


Social Security to See Payout Exceed Pay-In This Year

Published: March 24, 2010

The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Fine shape.
Very efficient.
No problems at all.

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Just What The Founding Fathers Ordered

Obama administration to order lenders to cut mortgage payments for

By Renae Merle and dina elboghdady
Thursday, March 25, 2010; 7:14 PM

The Obama administration plans to overhaul how it's tackling the foreclosure crisis, in part by requiring lenders to temporarily slash or eliminate monthly mortgage payments for many borrowers who are unemployed, senior officials said Thursday.

Nah, the feds aren't taking over the financial market.

This is just what the Founders had in mind; the federal government dictating to private business.



Wonder what that makes Obama?

Speaking as someone who is jobless and pays a mortgage, I oppose this act by the criminal socialist Obama administration.

I signed a contract with my lender. I have to live up to the terms of that contract. I have the right to renegotiate my contract due to my current status, but my lender is not required to agree. And, unless he does, my contract remains as is.

If the feds are allowed to step in and make contracts null and void, what reliance can be placed upon contracts?

Absolutely none.

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