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WB: Big Spender
Maybe Bush’s Great Society rhetoric can be sold to the ideological heirs of George Wallace, if Fox News and Rush Limbaugh are willing to run it through the stupidity filter and spend a hell of a lot of air time recasting it as a clever way to stick it to the liberals. But I think the Rovians are taking a real risk of splitting their base in a way it hasn’t been split before, ..
Big Spender
No New Deficits – A Primer on How Government Spends
For those just returning from the dark side of the moon,
BushCo is spending nearly ONE TRILLION of your taxes
on the Department of Defense, Department of Homeland
Security, War in Iraq and now the Katrina Reconstruction.
As everyone with eyes and ears can tell you, we have all
seen how hopelessly incompetent DHS, and its daughter
agency FEMA is. $26 BILLION of your taxes were alloted
to emergency disaster preparations before a single penny
in supplemental funding requests was made to Congress.
Where were those $26 BILLION were being spent!!!
With $110 BILLION pledged to Katrina, $126 BILLION of
your taxes is sitting in some general fund, waiting to be
misspent, IDIQ Cost(+) to a few select defense contractors,
under a reconstruction program where the ordinary labor
doing that reconstruction **won’t** receive prevailing wages!
President Bush, in his feckless way, declared a national
emergency in 41 states, and suspended prevailing wage.
That means, for example, if a carpenter wanted to leave
Wyoming and work in New Orleans, s(he) could expect to
receive only a fraction of the wages s(he)’s normally paid.
It’s a formula guaranteed to increase illegal immigration.
President Bush, in his devious way, hamstrung labor, and
is adding $200 BILLION to our deficit, at a time when the two
Departments of Defense / Homeland Security are spending
more of your taxes than **all other** defense departments
in **all the other countries of the world**, rolled up together.
But G-d forbid we pay a fair, prevailing wage to US labor!!
First, for those who don’t know how it works, the budget
for DoD and DHS are set as a percentage of our GDP.
*It’s not based on need*. Operation and maintenance of
our national defense only takes a %age of the monies we
are asked to spend from our life savings. Troop salaries,
support operations in peacetime, take only a small share.
Our troops, after all, are paid nearly minimum wages.
The single biggest defense line items are veterans
benefits, which we are glad to pay, and new weapons
research and development. ?Like we need a smarter
bomb, a space-based laser, full spectrum dominance,
or Air Force 2025? Go ahead, Google “AF2025”, and if
you can still find these insane Defense R&D proposals
on the Net, if they haven’t been scrubbed and classified,
you’ll find, say, a hypersonic cruise missile, capable of
delivering a nuclear warhead anywhere in the world
within 17 minutes. Oh great! Rapid pre-emptive war!
Here’s how it works.
See, the Defense Department and Homeland Security
sit down every two years, and say, How can we spend
some % of GDP? Remember, this is not real GDP, it’s
a newer, sexier GDP on steroids. It includes the faux
runup in the value of real estate. It includes even the
war in Iraq! If they can’t spend above their spending
cap, well, then let’s just sex up the value of the GDP!!
DoD and DHS actually pay for research contractor’s
six-figure salaries to sit around and flip slide-rules
and come up with budget gap spending programs.
Programs like AF2025, like Brilliant Pebbles that
never saw the light of day, like Joint Strike Force
Fighter none of the services want, like the Patriot
ABM system that hasn’t even passed simulated
intercept testing before fully deployment!
GOBoys, how can we fill the spending gap!? Give me
some sexy idea to take up the Hill. We need to spend
another $250 BILLION to make our GDP spending cap!
So we have the absolutely **insane** scenario in
the United States of not one, but **two** defense
departments trying to outspend each other, and
outspend all the other defense departments in the
world combined, to create science-fiction, white labcoat
Dr. Strangelovian “AF2025” porkbarrels, paying defense
contractors six-figure incomes and steak and lobster,
all expenses paid, hotels, golf and spa memberships,
and incredibly padded expense accounts.
For what?! Just to spend up over a GDP spending cap!
The War is Iraq is supplemental spending on **top**
of the fluff and foo-fah of DoD and DHS!! Additional
hundreds of billions of your tax dollars, over and above
all the **siwash** that your taxes is being wasted on!!
So here’s what we tell Congress.
NO NEW DEFICITS!
Cap DoD and DHS at only operations and maintenance
and veterans benefits. Kill all research and development.
Instead of AF2025, we’re going to slip it to AF2030 or 40.
Send all those six-figure white lab-coats to Houston for
FEMA training, then make them work on reconstruction
in New Orleans, and for minimum wages.
Take all those local police grants for new radios, new
cars, new pursuit vehicles, body armor, SWAT teams,
snow machines, quad runners, cigarette boats, and
the literally billions of dollars of fancy toys they had to
spend to use up the budget, and say, that’s it. Enough.!
There is absolutely no way DHS can spend the same
amount of money next year, they have spent this last.
Body armor doesn’t wear out. Radios don’t wear out.
I’ve seen brand-new high-speed chase boats sitting
in police garages that haven’t even been **used** yet!
Here, I’ll give you an example. I worked in WA DC on
legislation creating a new agency, back in the 1970’s.
From that creation, tens of billions of your tax dollars
was granted to state-level agencies. I worked in one
of those agencies. Our director came to use before
the end of the first biennium, and said, We have to
find ways to spend this Fed money, or we’ll lose it.
So I put in for a new walnut desk, and a computer
terminal, back when those cost $10,000 apiece.
And got them! In the 1970’s, in a brand new agency
just like the Department of Homeland Security, I
was sitting at a walnut desk, playing on a $10,000
computer terminal over the fledgling new DarpaNet,
with absolutely nothing to do.
That’s where your $250 BILLION is going at DHS.
Spend it, or lose it porkbarrel police and SWAT toys!
That’s where your $450 BILLION is going at DoD.
Spend it, or lose it porkbarrel science-fiction toys!
And next biennium, while you’re digging deep to
make a couple of HAL-KBR and SGR contractors
into zillionaires on the backs of minimum wage
reconstruction laborers and craftsmen, many of
which will no doubt be foreign guest workers,
DoD and DHS are going to be dreaming up even
bigger, newer, sexier porkbarrel toys to spend on!
CAP DoD and DHS at O&M and veterans benefits
until the War in Iraq is over, and until the rebuilding
of Katrina damage is complete. No ..New .. Deficits!
Politburo Government is a Deadly White Elephant.
Deadly and out of control, it will destroy our country.
Posted by: Lash Marks | Sep 18 2005 16:32 utc | 9
The Art of War – Kind of Blue
Today, out of the blue, an old web development proposal
I’d made finally paid off. I got a real-time e-mail from a guy,
senior principal at an international investment firm, sitting
in some airport on his way back from a chi-chi resort in the
south of France, working through a secure link at good.com,
going through his company web server remotely, on to me.
He mentioned a few things that I never think about, after
his opening hi-howdie. If the US taxpayer is being tapped
to pay for Katrina, how did the Ponzi-scheme which is the
insurance industry manage to dodge their own liabilities?
How did Silverstein in New York City, for example, manage
the World Trade Center disaster into a double-indemnity
payout for him, (which for all we know, Federal aid to NYC
included payout coverage to the insurers), when the same
can’t be said for anyone trying double indemnity on the
hurricane and subsequent flood that followed?
But he went far, far deeper then. Why are we being paid
in 1984 dollars (real wages flat since Reagan took office)
but paying in 2010 dollars (our prices hyperinflated in the
anticipation of run-away shortages, real or monopolized).
Why, for example, did President Bush put a tariff on the
Canadian soft lumber industry and eliminate prevailing
wages in the entire SouthEastern United States, just as
the “greatest reconstruction in all US history” begins?
“How did the United States ever become so insane?”,
he asked rhetorically (he’s not a native-born American).
I shared with him, about back when I was forging ahead
on the crest of the 1995 InterNet wave, discussing web
craft with a business leader aide-de-campe in Africa.
“What will your Internet (we were developing an e-comm
website site for their business) do for people in Africa?”,
he asked me as we chatted up the details.
I thought for a moment, and then since this guy was my
client, I leveled with him. “It won’t do a thing for Africans,
except bring the return of slavery. The Internet is about
the consolidation of information and commerce, same
as monopolies and manipulation on oil and energy.”
The investment broker interrupted my rambling story.
His response kind of puzzled and then shocked me.
“Yes, you were correct, ” then he explained. “There is
no destruction of money. Most people don’t understand
that. Money may disappear from your checking account,
but it appears in someone else’s checking account.
All of the gold, silver, diamonds, rubies, emeralds …
and money, that was ever created is still in existence.”
That was a pretty heavy thought for me to swallow.
“There is more money now than ever in all history,
and your Internet,” he went on, “as you put it, is the
single greatest consolidator of financial power since
the civilized world came into existence. You may be
earning in 1984 dollars, but the banks and brokers
are earning in 2010 dollars, even in 2040 dollars.
They can watch in real time, not just the equity and
commodity trade prices, but the volumes, the puts
and calls, the spreads, the trends, even the curls,
the dynamic change in trends … all in real time.”
“Yeah, that’s why I don’t trade in stock futures,”
I tried to keep my hand in this rarified conversation.
He laughed, “When your broker says there aren’t
any shares available to short a stock, what he’s
saying is, his own brokerage, or some big investor,
is watching that play out in real time, on two or
three screens simultaneously with a derivative-
program calculating instant by instant, and the
“short” signal has just gone green over green.”
“That’s probably what happened in Katrina,”
I tried desparately to keep my caller amused.
“No,” he countered, “Katrina was a disaster. The
banks and brokers and oil companies and rich
bastards who own everything had to sit and watch,
just like everyone else. It was total chaos.”
Then he said his flight was boarding and he had
to let me go. “Send me your development proposal
again, update the pricing and the technology for me.”
I said I would.
He rolled it all up for me, “Remember that all of the
money in the entire world is simply just churning in
slow chaos, in the inexorable process of migrating
into bank accounts of people so incredibly wealthy,
you simply can’t possibly fathom it, and the pace of
that money migration has just leapt into high gear.”
“Make sure you get some of that money for yourself!”
he laughed, and then he was gone.
Posted by: tante aime | Sep 18 2005 21:59 utc | 18
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