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Guest Post: Is This A “Jobs” Super Committee?

Tyler Durden's picture


From Simon Black of Sovereign Man

Is This A “Jobs” Super Committee?

Earlier this month, some economic luminaries in the United States Congress introduced a new bill, H.R. 2835. The bill intends to “establish a joint select committee of Congress to report findings and propose legislation to restore the Nation’s workforce to full employment…”

Great idea, fellas. After failing to ignore your way out of recession, spend your way out of recession, lie your way out of recession, and print your way out of recession, you now intend to legislate your way out of recession.

This bill exemplifies how completely clueless the leadership is, and highlights the common demeanor of the political class.  By definition, people are in government because they believe that government is the solution, not the problem.

Legislating your way to full employment is as fantastical as prancing unicorns and the Tooth Fairy. It’s impossible. The only employment created by legislation are government jobs to staff all those new agencies and bureaus. And naturally, those jobs must come with some task, some responsibility.

With each new job is created an additional burden upon the taxpayer, and an additional bureaucratic hurdle for the productive class. From opening a bank account to going to see the doctor, things that used to be simple are now fraught with paperwork and regulation, just so some government worker somewhere has something to do.

Here in South Africa is an absolutely mind-numbing example of this mentality. A few years ago, the city of Cape Town installed digital parking meters– the high-tech kind where you could pay the parking toll on your mobile phone through an SMS… or the good ole’ fashioned way with coins should you so choose.

Then some politician decided they needed to create more jobs. So the city hired a bunch of workers to go through town ripping out the digital parking meters. In their place, the local government hired a small army of curbside parking attendants– human beings to replace the machines.

If you think this was a triumph of humanity over profit, then I have a modest proposal… let’s turn the clock back across all industries. We can build roads with hand-laid stone, dig canals with shovels, and hire legions of street sweepers armed with bristled brooms to keep our cities clean. Just think of all the jobs we’ll create!

Fact is, these sorts of moves are wastefully inefficient, and I shudder to think of what insane ideas would come out of the ‘jobs super-committee’ proposed in this new House bill.

Governments don’t create value, they destroy value. And the only way for more jobs to be created and money to start flowing again is for the market to perform its function matching willing buyers and sellers, producers and consumers.

The uncomfortable truth about the global economy is that the old way of doing things is gone forever. Monetary stability, social cohesion, political credibility, traditional career paths, investment assumptions… these are all changing. The game is being reset and the new rules are being rewritten.

The future is about creating value: what problem can you solve that’s so important to someone else that he/she would be willing to pay you for it, or trade for something that you value?

Everybody’s good at something. Hell, everybody’s usually good at a lot of things… from designing websites to cutting grass. “You have an overgrown lawn? I have a lawnmower. Let’s make a deal.” The greater the problem, and/or the more people it affects, the greater the reward.

None of this requires any government involvement; it simply requires a motivated individual to get out there in the world, figure out what needs to be done, and kick ass to make things happen.


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Tue, 09/20/2011 - 12:32 | 1689177 kaicayman
kaicayman's picture

Gold and Silver before its too late

Tue, 09/20/2011 - 12:36 | 1689197 Clueless Economist
Clueless Economist's picture

Michael Moore is an obese idiot.

Tue, 09/20/2011 - 12:56 | 1689211 Ahmeexnal
Ahmeexnal's picture

you forgot to add "leftist", but then again, "leftist idiot" is redundant.
Moore is a propaganda tool of the power elite, selling among other things, Gore's global warming and associated carbon tax.

Tue, 09/20/2011 - 12:59 | 1689281 Rodent Freikorps
Rodent Freikorps's picture

How about Trust Fund, Useful Idiot?

I hear his spoon was made of gold when he was just a young larval hut.

I'd pay good money to watch slave Leia strangle that sucker with a chain.

Tue, 09/20/2011 - 13:14 | 1689348 Bob
Bob's picture

Trust fund baby?  Better get that hearing checked, Rodent! 

Whatever you might think of Moore (I myself am strongly ambivalent about his work), he is most definitely a working class boy.  He was my neighbor in Flint, MI . . . before he joined the rich and famous.

Tue, 09/20/2011 - 13:24 | 1689379 Rodent Freikorps
Rodent Freikorps's picture


I'm still rooting for Leia.

Is there a large Hut community in Flint?

Tue, 09/20/2011 - 13:46 | 1689453 Loose-Tools
Loose-Tools's picture

Rat's hearing is probably OK, it's just that he/she heard it on FOX News or from Rush.

Tue, 09/20/2011 - 12:59 | 1689283 spiral_eyes
spiral_eyes's picture

Full employment mandate? The Michael Moore's of this world will pursue it — and they will get burned.

Tomorrow Bernanke will show his hand.

I expect Bernanke to announce that the Federal Reserve will announce that it will no longer pay interest on excess reserves. Banks have accumulated massive excess reserves since the 2008 crisis, when the Fed determined to pay interest on reserves not lent — ostensibly to increase flexibility in the banking system in case of further collapse

In theory, unleashing these excess reserves (all $16 trillion of them — GDP is currently just under $15 trillion) into the economy would get capital to productive ventures and create jobs without infuriating bondholders any further with more quantitative easing. But in practice, this might do the precise opposite — unleashing a tidal wave of inflation. 


Tue, 09/20/2011 - 13:04 | 1689310 SheepDog-One
SheepDog-One's picture

One thing is for sure, we shall see tomorrow. 'Bank reserves unleashed into the economy'....I dont see what a bunch of imaginary crap on books would do...what is this guy really trying to say, that the banks will then give away the money? Its all just a bunch of theory, 'excess reserve on bank books' is just bubble housing prices being propped up by the FED. I dont understand what the theory is in that article.

Tue, 09/20/2011 - 13:22 | 1689369 spiral_eyes
spiral_eyes's picture

Why didn't the QE money cause massive inflation?

Because it is sitting in the banking system with the PDs as excess reserves.

The way the fractional reserve system works is that banks can lend up to a reserve requirement. They're currently not (for the first extended period in US history). Inflation is still (relatively) low, despite Bernanke massively increasing bank reserves. Now the Keynesians want to increase demand by seeing the excess reserves lent out. So a number of them (including on the FOMC) have expressed an interest in cutting the interest the Fed pays on excess reserves from 0.25% to 0 to "increase the appetite for risk.

If $16 trillion is lent (i.e. massive growth in M1 and M2), that could trigger the massive (and potentially uncontrollable) price inflation many predicted when QE started, especially if economic activity doesn't match the growth in the money supply.

Tue, 09/20/2011 - 13:34 | 1689406 SheepDog-One
SheepDog-One's picture

Right, the QE trillions is sitting in the banks as 'excess reserves', really just propping up real estate 'on the books' totaly fake money, and now they want to stop paying interest on it and somehow 'release' that out into the economy? Total trainwreck if any such thing were to happen. Then we WOULD see people with wheelbarrows full of dollar to go buy a loaf of bread.

And now that the economy is dead, they want to 'create risk'? Hell its risky enough ust doing anything at all these days, much less taking on a huge LOAN for what, to build a factory? All this stuff is just crazy, formulas about how to get 100 pound of bullshit into a 10 pound sack...they can look at it any which way with their slide rulers but its just not happening.

Tue, 09/20/2011 - 14:11 | 1689541 catacl1sm
catacl1sm's picture

Not to mention that banks are hanging on to these 'excess reserves" for when a liquidity crisis hits them. No one wants to borrow. everyone is trying to deleverage, including people. The whole fucking system just needs to unwind. The more they prop it up, the longer and harder the unwinding will be. Just pull the fucking band-aid off already!

Tue, 09/20/2011 - 13:06 | 1689309 Denver768
Denver768's picture

This is how you create jobs.

I own a small software company.  My accountant at the end of the year came back to us and said sorry, but here is your tax bill.  It was very large, paying it sizably reduced the capital/flexibility I had on hand for 'future projects' and for hiring new employees.

I would have LOVED to have hired new employees, but with my company's capital savings cut in half, the outlook for me to add more staff is a sincere challenge.

The government SHOULD say.  Here's your tax bill....  You have 2 choices... 1) pay it to me or: 2) use it to hire employees for this next year. 

I would have immediately gone out an hired people, IF I had that option, and could have kept the savings capital and the flexibility to use that money to hire new employees.

CAPITAL formation and the use of capital by entreprenuers is how you make jobs.  Congress.. GIVE ME that option to use my tax bill to otherwise hire employees and I will do it!

Tue, 09/20/2011 - 13:10 | 1689328 Dr. Richard Head
Dr. Richard Head's picture

I understand your view on this very much so, but how about the government let us keep what we EARN?  It isn't there capital, it is our capital.  In order to this to happen though our country would have to let go of the warfare/welfare state.  This could happen legislatively, but it is more likely to happen through a hyperinflationary crash.  I will take eiher option at this point as I grow tired of the waiting game.

Tue, 09/20/2011 - 13:34 | 1689371 Denver768
Denver768's picture

Agreed.  Sort of 6 or one half dozen of another... IF the government would let us keep what we earn we could put it to productive use.

I'm saying at the very least, if not allowing us to keep what we 'Earn' is untenable for the gov't, and the Gov't wants to feel all powerful and try to legislate jobs...   Then let us take our corporate tax bill and instead of flushing it down the gov't toilet, allow us the flexiblity of plow it into hiring people and expand our business.  Instead, they take it away and leave the company poorer... and limit my ability to hire anyone.

Tue, 09/20/2011 - 15:24 | 1689796 Calculated_Risk
Tue, 09/20/2011 - 17:18 | 1690127 11b40
11b40's picture

Excuse me, but is this your first year in business?

Don't you plan for your tax laibilities in advance?  This was a surprise to you?

I too own a small business that I have run for more that 30 years...through good times and some very bad ones.  Not once in all that time have I considered my tax liability before deciding to create a new position.  After all, the only required hit to my bottom line is my share of the payroll tax....roughly 7.5%.  Otherwise, the other costs are tax deductions.

What drives my decisions about hiring is a very simple and fundamental question - will the new position increase profits?  That's it.  If there is enough demand for our services & products, we hire.  If not, we fire.  End of story.

The obvious situation we find ourselves in today is a lack of demand.  If I had more orders, I would hire more people to make sure the orders were filled in a timely manner.  If there was enough demand, and I was outgrowing my facilites, I would go to the bank and get a loan to expand. 

If you have enough demand for your goods and services and you sit around bitching and moaning about your corporate taxes, well good luck in the future, 'cause you will need it. 

Oh yes, you might want a new accountant, too.  It's pretty amazing what a good one of those can do for you.

Wed, 09/21/2011 - 11:21 | 1692502 Denver768
Denver768's picture

You obviously must sell 30 year old widgets rather than develop and create new products, thus the focus of your business issue is demand.   For me, it's about R&D and developing the new ideas... that require capital invesments.  Some pretty sizable. Inventing stuff costs capital savings.

For me....New products = new pipelines = new revenues.  

I suppose you missed the point of the orginal message...  forest in the trees. 

Tue, 09/20/2011 - 13:23 | 1689377 par4
par4's picture

You think the "Right" and "Corporatism" is working? Douche Bag.

Tue, 09/20/2011 - 13:25 | 1689380 Thorny Xi
Thorny Xi's picture

S Man forgot to add NASA to government waste.  Oh, wait ... computers and teflon and fire retardents and all of the hundreds of spin off industries from the R&D of the space program made more for private setcor firms than was spent on the space program, by a lot.  And then there's voice mail and speech command systems, a product of NSA research in the 60's that led to speaker independent voice recognition.  Hummm ... and warrantless wiretapping, since automated wiretap was the original goal ... oh well, you take the good with the bad, right?

Tue, 09/20/2011 - 14:06 | 1689518 Nels
Nels's picture

Teflon was invented in 1938, first marketed in 1945, well before NASA.

Here's what wikipedia says about Halon: "In the 1970s, Halon 1211 came over to the US from Europe, where it had been used since the late 40s or early 50s. Halon 1301 had been developed by DuPont and the US Army in 1954."

Thinking about voice mail started with Thomas Edison.  Converting from voice mail on a tape drive to a digital format happened in the 1970s, when digital equipment starting hitting the right price point - no government support or research was needed to bring this to market.

NASA does have a fully functioning propaganda marketing arm.

Tue, 09/20/2011 - 17:47 | 1690227 IAmNotMark
IAmNotMark's picture

Wait a minute!  You're saying that we would have still advanced as a country and been able to use Teflon EVEN IF we hadn't supported NASA for the last fifty years?  

What about TANG?  Could anything as tasty as TANG have been developed without government sponsorship? 

Tue, 09/20/2011 - 13:26 | 1689381 Thorny Xi
Thorny Xi's picture

S Man forgot to add NASA to government waste.  Oh, wait ... computers and teflon and fire retardants and all of the hundreds of spin off industries from the R&D of the space program made more for private sector firms than was spent on the space program, by a lot.  And then there's voice mail and speech command systems, a product of NSA research in the 60's that led to speaker independent voice recognition.  Hummm ... and warrant-less wiretapping, since automated wiretap was the original goal ... oh well, you take the good with the bad, right?

Tue, 09/20/2011 - 13:01 | 1689297 Snidley Whipsnae
Snidley Whipsnae's picture

'The Government' now sees itself as the 'fixer' of all that is broken...

Or, breaking the few things that are yet to be broken...

Let's keep in mind what the primary capability of the government is... collection and redistribution of taxes.

The gov can start wars, declare wars on terrorism, declare war on drugs, increase or lower trade barriers, change speed limits on interstate highways, offer loans to students, and a zillion other things... but all the actions that government takes requires tax dollars and those tax dollars come from it's citizens.

If you hired an economic contractor to offer advice and take action regarding your portfolio and they made a mess of it... would you continue to employ them?

Tue, 09/20/2011 - 13:12 | 1689337 Dr. Richard Head
Dr. Richard Head's picture

Best analogy I have heard was from Peter Schiff, whom I am sure borrowed from soneone else. 

"Government is the guy that comes into your home, breaks your leg, hands you crutches, and then goes on TV to tell everyone how government helped this guy walk."

It's funny because it's true.

Tue, 09/20/2011 - 12:35 | 1689190 Mad Max
Mad Max's picture

Can it be?  A Simon Black post where he isn't trying to sell us a doomstead in southern Argentina or Chile?  My god, what have you done with the real Simon Black???

Tue, 09/20/2011 - 12:58 | 1689222 depression
depression's picture

Connect the dots.

Step 1. Unemployment Reform in the Jobs for America act. Note both sides strongly support this reform initiative, where those collecting unemployment will be assigned jobs they must accept or be cut off from unemployment benefits. In other words, an infinite supply of free slave labor for employers. all paid for by the fed govt. unemployment system.

Step 2. The new Employment Supercomittee is needed to oversee and direct this new slave labor workforce. They can select the political winners and losers in the new Marxist economy. For example, the supercomittee can send thousands of slave laborers to GM while starving Ford of access to that workforce, thereby giving GM an enormous cost of labor advantage in that sector.

Never let a crisis go to waste !

Tue, 09/20/2011 - 13:05 | 1689312 SheepDog-One
SheepDog-One's picture

In their dreams.

Tue, 09/20/2011 - 14:32 | 1689601 MachoMan
MachoMan's picture

Not really.  The days of receiving a wage from the government without actually working or having any responsibilities are in their final days (for the poor at least).  There has to be SOME advantage to working...  anyone remotely near the dividing line would be stupid not to just sit on his ass.

However, in order to be a fair implementation, I would propose the "slave" workforce be directed to the tasks needed by the working poor and then trickle upward (not vice versa).  Oh, you're working 60 hours per week at mcdonalds to make ends meet?  Ok, well, joe slave is going to mow your yard this week...  or transport the kiddo to soccer practice...  or repair your fence...  or hot water heater...  or whatever it may be.  Just set an income/wealth ceiling and let everyone under it register for help...  Realistically speaking, what's left of the middle class is up to its eyeballs in work and would probably have plenty of menial tasks for others to do... and there are plenty of skilled people out there who can't find work...  whether its construction, financial advice, sports training, you name it.

When someone performs labor for you, you must fill out a simple survey to .gov...  you rate your laborer too low and he/she doesn't get a check or gets docked.

Now, the problem, of course...  is whether we've already crossed the rubicon so that the onset of the "slave" workers will actually kill off private enterprise...  who knows...  but basic equity theory causes resentment among the working poor and middle class for the theft of wellfare tribute out of each paycheck.  In the end, there has to be some mechanism to incentivize people on the margin to work...  presuming we're going to have a pseudo free economy and that the social safety net is here to stay...

Tue, 09/20/2011 - 18:12 | 1690280 ping
ping's picture

Bingo. All of the above. With one exception: the slave labour will do the jobs that are currently minimum wage jobs. It's already happening in the UK, and we nomally steal all our worst neocon ideas from the US, so you're probably working on it too. I know it's the driving force behind the US prison-industrial complex, with inmates building components for Raytheon, staffing telemarketing centres, and so on. 

That guy bagging groceries? Working for welfare money. The girl on the checkout? Working for welfare money. (Over in the UK, that's maybe $2.00 an hour.) So far, the British unemployed only have to give a month of this labour at a time. Five years from now, they'll give 12 months a year.

Welcome to the future, where one by one, industries are staffed by slaves, and all profit goes to a government-corporation conglomerate. One by one, independent, smaller businesses are regulated out of existence. We didn't get here by accident. 


Tue, 09/20/2011 - 18:41 | 1690345 MachoMan
MachoMan's picture

In the future, there is only taco bell.

Ultimately, we've got to figure out what to do with all the extra people...  because human evolution apparently doesn't involve population control in sync with available jobs and available energy sources...  it would be a shame to let that labor go to waste...  The real trick is figuring out how to utilize it fairly and in a method that steps on the least feet of the people actually trying to break through the glass ceiling.  In the end, it will probably just be perverted into de jure slavery, but it will take a little while at least.

This is something that I don't think a lot of people understand.  That with energy constraints and, therefore, growth constraints, the present theft may very well be for the whole enchilada.  Why else would they act so brazenly?  Of course, many bubble bursts have been the biggest for their respective times...  but, we may have actually hit some hard constraints on this one.

At any rate, I don't really see a mechanism for future growth to counteract this trend of persistent joblessness.  The developed world will continue to be a wealth drain spilling over into the rest of the lot...  we're going to have some really hard decisions on our hands...  although, on the plus side, our economy is so bad we'll likely fix the whole immigration debate...  especially if welfare recipients will be doing all the jobs every bit as cheap AND legally.

If unleashing some anarcho capitalist society is the answer, then we're going to have to address the wealth gap first.

Tue, 09/20/2011 - 19:43 | 1690495 Mad Max
Mad Max's picture

This is something that I don't think a lot of people understand.  That with energy constraints and, therefore, growth constraints, the present theft may very well be for the whole enchilada.  Why else would they act so brazenly?

Very insightful and very disturbing.  Worthy of serious thought given the global situation for oil/food/water and the incredible lawlessness of the last few years.

Tue, 09/20/2011 - 13:15 | 1689351 Uncle Remus
Uncle Remus's picture

Put another Chevy on the fire, there's a chill in the air.

Tue, 09/20/2011 - 13:20 | 1689367 Snidley Whipsnae
Snidley Whipsnae's picture

Not to mention that congress continues to abdicate it's duties...

Congress has turned over regulation of money to the Fed/treasury...

Congress now has a 'super committee' to make congressional decisions.

Congress's main duty is to collect campaign funds to use for reelection.

Do we need these azz hats?

Tue, 09/20/2011 - 13:22 | 1689375 SheepDog-One
SheepDog-One's picture

Congress....HUH....what is it good for? Absolutely NOTHIN, say it again....

Tue, 09/20/2011 - 13:57 | 1689491 Loose-Tools
Loose-Tools's picture

That "Southern Plantation" DNA just never gives up, ... even after 300+ years.

Tue, 09/20/2011 - 12:48 | 1689236 Ahmeexnal
Ahmeexnal's picture

He couldn't possibly keep lying about Chile.
His last spam about the Chilean paradise was met with the harsh reality of a collapsing Chilean government (Rockefeller/Rotschild puppets).
Yes, chilean wineries are owned by the Roths:

Tue, 09/20/2011 - 13:13 | 1689343 stirners_ghost
stirners_ghost's picture

Collapsing government and paradise are incompatible?

Tue, 09/20/2011 - 13:17 | 1689358 Dr. Richard Head
Dr. Richard Head's picture

I always though they were one in the same.

Tue, 09/20/2011 - 15:00 | 1689721 Mad Max
Mad Max's picture

I guess we'll all be finding out soon enough.

Didn't work out all that well in Somalia or Rhodesia.  Jury is still out on Afghanistan - probably because they all got kidnapped and beheaded with sharpened rocks before they could come back with their verdict.

Tue, 09/20/2011 - 12:35 | 1689191 Oh regional Indian
Oh regional Indian's picture

When the Paraiah can masquerade as the Messiah and no one in the congregation can raise a whimper, this is what we get.

Soem animals more equal than others. And they do no work at all!

Anyways Simon, Jobs are over-rated. More people need to drop out of the system and feel. themselves that is. Would be a good start. No saviour is "out" there and definitely NOT the Grabbermint!


Some Wisdom Perhaps..... know They "Self"

Tue, 09/20/2011 - 13:21 | 1689368 SheepDog-One
SheepDog-One's picture

Yea, well I dont know if you pay attention to the US media but the winds of doubt and criticism are coming across the airwaves about Obama, his abilities, and his plans. They can see the 87% disaproval ratings of Obamas handling of the economy category, and are nervous about it.

On to the 'QE3' topic, which also scores very bad with americans who see it as 'bailouts for the rich' and theyre right.


Tue, 09/20/2011 - 13:31 | 1689403 Oh regional Indian
Oh regional Indian's picture

I got my eyes on the horizon and nose to the ground SD1. 

You're right and there is a rumble of discontent. But a rumble has to last a long time for it to awaken the sleepers. Unfortunately, TeeVee is there, always, insidious, deadening.

I find the fact that jon Stewart and his be-spectacled side-kick are the deFacto truth tellers in the MSm beyond funny and a huge sign, a tell of where the sheep have been led. Add to that the fact that their march on the Capitol drew as much of an audience as Farrakahan and his million men.

C'mon, Comedy Central gives you your News Yuo can Believe in?

*head shake*


Tue, 09/20/2011 - 12:39 | 1689192 Racer
Racer's picture

Laws are now all about the Leeches at the top.

The ordinary person can get put in prison for not taxing the car, yet the banksters get huge bonuses for holding the world's poor and elderly to ransom

Tue, 09/20/2011 - 13:08 | 1689321 Cliff Claven Cheers
Cliff Claven Cheers's picture

We have truely become a nation with 2 sets of laws. One for those with money and power and one for those that have no resources.

Tue, 09/20/2011 - 13:18 | 1689361 topcallingtroll
topcallingtroll's picture

And the lesson here?

Need to get more money and power.
Now back to work.

Tue, 09/20/2011 - 14:22 | 1689570 Cliff Claven Cheers
Cliff Claven Cheers's picture

Troll I know it wasn't you but who junked the Claven for saying we have two sets of law.  I would like a rebuttle, not a drive by junk.

Tue, 09/20/2011 - 13:19 | 1689365 Uncle Remus
Uncle Remus's picture

And then there is the Law of Unintended Consequences.

"Bailiff, shoot that son of a bitch."

Tue, 09/20/2011 - 12:36 | 1689195 anony
anony's picture

The only H.R. that means a damned thing is this one:


Congressional Reform Act of 2011

1. No Tenure / No Pension.
A Congressman collects a salary while in office and receives no pay when they are out of office.

2. Congress (past, present & future) participates in Social Security.
All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

3. Congress can purchase their own retirement plan, just as all Americans do.

4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the same health care system as the American people.

6. Congress must equally abide by all laws they impose on the American people.

7. All contracts with past and present Congressmen are void effective 1/1/12.
The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.

If each person forwards this message to as many people as they can, then it will only take three to five days for most people (in the U.S. ) to receive the message. Maybe it is time.

If you agree with the above, pass it on.


Fix Congress and the rest is easy.  Don't fix CONgress and pull your hair out for the rest of your days.

Tue, 09/20/2011 - 12:53 | 1689262 jeff montanye
jeff montanye's picture

very good.  this and associated ideas may well offer a way around the supreme court road block on limiting campaign contributions so as to reduce the bribery factor so influential these days.

Tue, 09/20/2011 - 13:11 | 1689331 Cliff Claven Cheers
Cliff Claven Cheers's picture


I will bet you a dollar to a dog turd that this will never pass congress.  I will even hold the stakes in my teeth. 

Tue, 09/20/2011 - 13:16 | 1689352 Dr. Richard Head
Dr. Richard Head's picture

Even if it were to pass who the fuck cares?  These assmonkeys don't follow any of the rules to begin with.  Living and breathing document open for interpretation and all of that jazz. Withdrawal of consent is the path that many more will go after, as soon as they exhaust all of their options. 

Working within the system is fine until one sees that the system is too entrenched.  Bring on the collapse bitchez.  I am prepared as I will ever be. 

Tue, 09/20/2011 - 13:18 | 1689362 anony
anony's picture

Oh, I know that. 

I'm saying that the only BILL that means anything to the american people---- that 90% of them can get behind, call their own repreentatives till the entire phone system is tied up in a knot is this one. And which Ron Paul as the only maverick with enough guts to compose the Bill won't, then it's a pipedream.

But it has to be done. 

All else is pure bullshit.


Tue, 09/20/2011 - 14:17 | 1689557 Cliff Claven Cheers
Cliff Claven Cheers's picture

I hear you. I am just being a smart ass.  

I just think it is too late, were too divided as a country to have any unity left.

Tue, 09/20/2011 - 13:12 | 1689336 limeychiney
limeychiney's picture

Meaningful campaign finance reform. Get fund-raising out of it. Legislators waste too much time fund-raising and are too beholden to their funders. Public financing of campaigns is the only way to go. It's a much smaller price to pay than the criminal reaming we've been getting.

Tue, 09/20/2011 - 13:13 | 1689339 aerial view
aerial view's picture

very good starting point: demand that politicians abide by the same rules/laws as the rest of us so that the words equality, fairness and justice actually mean something.

Tue, 09/20/2011 - 13:32 | 1689405 piceridu
piceridu's picture

You missed one: Congress is exempt from laws that every other American is subject to. Having that job is a license to print money into their bank account!

They have no conflict of interest restrictions at all! They can and do vote on legislation that will impact their financial portfolio and as a result of knowledge they gain from their Congressional activities. Strict laws ban corporate executives from trading on their insider knowledge, but no restrictions exist for members of Congress. Lawmakers are permitted to keep their holdings and trade shares on the market, as well as vote on legislation that could affect their portfolio values.

Tue, 09/20/2011 - 13:39 | 1689408 Uncle Remus
Uncle Remus's picture


Don't be an asshole, Deckard. We've got over five hundred meat puppets all gussied up in Sunday-go-to-meeting outfits, feigning"representation" and draining every last drop of life out of everything they touch.

I need ya, Decks. This is a bad one, the worst yet. I need the old blade runner, I need your magic.

Tue, 09/20/2011 - 12:37 | 1689196 Mad Max
Mad Max's picture

Next Sovereign Man update: buy a doomstead in South Africa and/or Zimbabwe!!!  Why wait for SHTF when you could be living it NOW?

Tue, 09/20/2011 - 13:19 | 1689366 Dr. Richard Head
Dr. Richard Head's picture

Advanced game theory.  NICE!!!!!!!!!!

Tue, 09/20/2011 - 12:37 | 1689201 RSloane
RSloane's picture

Much bigger governments are needed throughout the globe to ensure that individuals who can dig ditches, or negate technological advancements for that matter, reach full employment. Clearly this is where our focus should be.

Tue, 09/20/2011 - 12:38 | 1689207 SilverIsKing
SilverIsKing's picture

DOOMED!  As in "We are DOOMED!!!"

Tue, 09/20/2011 - 13:13 | 1689342 topcallingtroll
topcallingtroll's picture

We are not doomed.


Central planning types like Go Obama 2012 below think that a government committee is as wise at capital allocation as someone who can actually lose his personal wealth if he makes a bad decision.

This in a nutshell is why we r doomed.

Solyndra? Anyone?

Tue, 09/20/2011 - 13:52 | 1689474 Uncle Remus
Uncle Remus's picture


Tue, 09/20/2011 - 12:40 | 1689217 Corn1945
Corn1945's picture

Businesses aren't going to hire because they know all the government stimulus is temporary. It makes no sense to make long term decision, like hiring an employee, based on short term goverment measures.

We already tried the stimulus. It didn't work. Business is slowing down again (or never sped up in the first place). Companies aren't going to make the same mistake.

Sadly for the everyone, the jobs problem is most likely chronic, permanent and will continue to grow.

Tue, 09/20/2011 - 12:57 | 1689278 jeff montanye
jeff montanye's picture

not permanent.  deflationary depressions breed a counter cycle down the line.  this time perhaps with less of a chasm to the other side than unlimited war (e.g. 1939-45) or the counter cycle may be experienced largely by significantly more intelligent cockroaches. 

Tue, 09/20/2011 - 13:00 | 1689290 newworldorder
newworldorder's picture

Businesses are hiring all over the world, in places best suited to their sales and the lowest cost of labor. The fact that they are not hiring in the US should be a clue to us that they do not have to hire in their country. Their glolbalized status gives them the opportunity to maximise profit while paying the lowest infrasture and labor cost possible.

What is it about this concept that the average American does not understand? Are most of us really that uninformed?

Tue, 09/20/2011 - 14:12 | 1689543 DeadFinks
DeadFinks's picture

Righto.  And there is no need or incentive for US companies to repatriate the profits.

Tue, 09/20/2011 - 13:06 | 1689315 Rodent Freikorps
Rodent Freikorps's picture

Yeah, but they'll take credit for "creating" those jobs for the next decade, even after the jobs are gone.

Clintonistas still cackle about 100K cops on the street.

Proles eat that shit up.

Tue, 09/20/2011 - 13:21 | 1689370 Dr. Richard Head
Dr. Richard Head's picture

I love the "CLinton balanced the budget and created a surplus."

I now know where Goldman and other cronies learned their accounting skills. 

"Let's see here....this is listed as a liability and these seem to outweigh assets........hmmmmmmmm.......  I GOT IT!!!!!  how about we move liabilities over assets over here......see?  Fucking balanced bitchez."

Tue, 09/20/2011 - 12:41 | 1689220 medicalstudent
medicalstudent's picture

"just send your cash" - gwb

Tue, 09/20/2011 - 12:41 | 1689221 GottaBKiddn
GottaBKiddn's picture


Long Fema Camp operators.



Tue, 09/20/2011 - 12:43 | 1689227 nah
nah's picture

government wants to create more work instead of freedom and its good for the peace of globaly organized nation states show me an alternative


Obama 2012 ! ! ! !

Tue, 09/20/2011 - 13:09 | 1689320 topcallingtroll
topcallingtroll's picture

We dont have to show you the alternative. You and your ilk do not understand what will happen with chronic government misallocation of capital. The alternative will show itself some day, less work, less organization and more chaos.

The sad part is that people like you dont understand what happens after a couple of generations of chronic misallocation of capital. I will give you a simple example, Greece.

Tue, 09/20/2011 - 13:34 | 1689414 AustriAnnie
AustriAnnie's picture

topcallingtroll, please tell me that guy forgot the /sarc

Tue, 09/20/2011 - 13:55 | 1689484 Uncle Remus
Uncle Remus's picture

Blindfold? Cigarette? Last words?

Tue, 09/20/2011 - 12:44 | 1689237 topcallingtroll
topcallingtroll's picture

I love this Austrian Libertarian Tyler. But in a manly pure way, not some disgusting homo qeer way, not that there is anything wrong with it.

Tue, 09/20/2011 - 12:56 | 1689239 Mercury
Mercury's picture

Legislating your way to full employment is as fantastical as prancing unicorns and the Tooth Fairy. It’s impossible.

Well you can certainly legislate your way to sizable legislation that undoes previous legislation should help get us somewhat closer to full employment (not in the Obama playbook obviously).


Love him or hate him, it's hard to argue with the specifics of his 40,000 ft. picture of how we arrived at the current jobs situation:

Tue, 09/20/2011 - 12:46 | 1689244 Gully Foyle
Gully Foyle's picture

I don't get it. People bitch about government. People are scared of no government. People bitch about world government. Yet I'm seeing barely any voting with their feet.

What I do see is the stereotypical five minutes of hate.

I also see people who just want to have more fucking toys.

I have yet to see anyone of you greedy fucks post about how much freer they are giving up material possessions and joining a monastery.

Me, I don't give a shit who is in charge. There will always be something that pisses me off and ways to circumvent anything I don't choose to accept. Ask any drug user, ask anyone who hits the hookers, ask anyone who scams government on any level.

Now don't give me that shit about being upset because you "play by the rules". Few, if any, of you do.

I know it's just easier to be a WHINEY LITTLE BITCH!


Tue, 09/20/2011 - 13:04 | 1689307 Mercury
Mercury's picture

I think you'll find that reality will iron out most of those contradictions and lopsided word/deed ratios very shortly.

Tue, 09/20/2011 - 13:32 | 1689410 nedwardkelly
nedwardkelly's picture

I have yet to see anyone of you greedy fucks post about how much freer they are giving up material possessions and joining a monastery.

Not sure you will soon either... How the f%$k do you end up freer joining a monastery with a whole different set of rules, regulations and PTB to bow down to...??

Tue, 09/20/2011 - 13:56 | 1689488 Uncle Remus
Uncle Remus's picture

Not to mention the drafty robes.

Tue, 09/20/2011 - 12:48 | 1689248 kito
kito's picture

anybody think professor kotlikoff has it right about how to save the country from impending implosion?...

Tue, 09/20/2011 - 13:00 | 1689295 Ahmeexnal
Ahmeexnal's picture

"The Purple Tax Plan entails radical surgery. It eliminates the personal income tax, the corporate income tax, and the estate and gift tax. In their place it substitutes a highly progressive 17.5% federal retail sales tax plus a demogrant -- a monthly payment to each household, large enough that it reimburses the poor for the sales tax they've paid. (The 17.5% rate is the tax's nominal rate. Its effective rate is 15%, since 15 cents of every dollar spent goes to taxes and 85 cents to goods and services, with 15 divided by 85 equaling the 17.5% nominal rate.)"

That's a recipe for disaster. But that's what "they" want anyway.

Tue, 09/20/2011 - 13:18 | 1689360 Cliff Claven Cheers
Cliff Claven Cheers's picture

From Kotlikoff:

 "It's actually worse than the Greek tragedy now playing in Athens. Our fiscal gap is 14 times our GDP. Greece's fiscal gap is 12 times its GDP, according to Professor Bernd Raffelhüschen of the University of Freiburg."

Tue, 09/20/2011 - 13:24 | 1689378 kito
kito's picture

@ahmeexnal--peter schiff is also calling for sales tax and the elimination of income tax.......

Tue, 09/20/2011 - 13:30 | 1689400 nedwardkelly
nedwardkelly's picture

So is Ned Kelly!

First you've got to get all the crackpots to stop smoking the 'consumer based economy' BS, because otherwise their heads explode trying to comprehend the idea of taxing consumption.

Tue, 09/20/2011 - 12:49 | 1689252 NotApplicable
NotApplicable's picture

Anybody else read "economic luminaries" as "egomaniac lunatics?"

Tue, 09/20/2011 - 13:59 | 1689496 Uncle Remus
Uncle Remus's picture

Where did you read "economic luminaries"?

Tue, 09/20/2011 - 14:32 | 1689598 NotApplicable
NotApplicable's picture

The first sentence of the article.

Tue, 09/20/2011 - 23:57 | 1691048 Uncle Remus
Uncle Remus's picture

I was working with you man.

Tue, 09/20/2011 - 12:49 | 1689253 jeff montanye
jeff montanye's picture

decades of poor government have destroyed the idea that government can have a positive influence on economic growth/development.  this is premature, imo.  from the support of basic research through enforcement of copyright, patent, fraud, pure food and drug, honest weights and measures, ingredient labeling laws to fdic type bank reorganization (as opposed to tbtf), safety laws and clean air and water, etc. regulation, good government has had and can have again a beneficial role.  the free market is a wonderful thing but it is not perfect.  while the perfect is not attainable, the better is.  what exists now needs badly a thorough top to bottom critique and restructuring.

to this end i support ron paul for president so as to slap the current bunch of crony socialists, banksters and warmongers upside the head with an i-beam.  perhaps the democratic party can be of better use in opposition.  they are of little currently.

Tue, 09/20/2011 - 14:43 | 1689648 NotApplicable
NotApplicable's picture

The only form of government that has the capacity, let alone the ability to address these problems is self-government. Anything else is just the mafia in disguise.

(though I'd accept Dr. Paul as a compromise in the right direction)

Tue, 09/20/2011 - 12:50 | 1689257 Little John
Little John's picture

Econ 101

Mining manufacturing and agriculture are the primary sources of all wealth.  All other economic activity either support or are supported by them.  

Tue, 09/20/2011 - 12:59 | 1689284 SheepDog-One
SheepDog-One's picture

Mining for dollars, manufacturing dollars, and growing dollars on trees....the new 3 pillars of the world economy.

Tue, 09/20/2011 - 13:05 | 1689313 glokk26L
glokk26L's picture

Don't forget "Climbing For Dollars" like in The Running Man.

Tue, 09/20/2011 - 13:13 | 1689344 Little John
Little John's picture

Econ 101

Dollars are not wealth. They only store it, and they only do that when they are pegged to a limited, desirable, and physical commodity. Pegged to the "Full faith and credit " of a political regime - not so good. 

Tue, 09/20/2011 - 12:51 | 1689260 AchtungAffen
AchtungAffen's picture

No, it's not the huge ammounts of debt and fiction in the financial world, it's that corporations are scared for the future. Scared for taxes they don't pay, regulations which they don't even pay attention to, and a political system they control... scurrrrry, ain't it?

Tue, 09/20/2011 - 12:53 | 1689265 Beam Me Up Scotty
Beam Me Up Scotty's picture

Where do I apply for the porn czar job??

Tue, 09/20/2011 - 13:00 | 1689289 GeneMarchbanks
GeneMarchbanks's picture

SEC beat you to it. Sorry, maybe you can be 'head' fluffer-in-chief?

Tue, 09/20/2011 - 13:08 | 1689319 WoodMizer
WoodMizer's picture

"head" fluffer -in-chief = Chief of Staff

Tue, 09/20/2011 - 12:55 | 1689270 azzhatter
azzhatter's picture

They should just hire guys to blow each other. Oh wait we have bankers for that

Tue, 09/20/2011 - 12:57 | 1689280 SheepDog-One
SheepDog-One's picture

The bill is DOA anyway.

Tue, 09/20/2011 - 12:59 | 1689287 medicalstudent
medicalstudent's picture

its the mentality.

Tue, 09/20/2011 - 13:00 | 1689291 Cult_of_Reason
Cult_of_Reason's picture

Greenspan Goes to the Fed to Get a Haircut
(last time Greenspan had a haircut at the Fed was right before QE2 announcement)

Prepare for QE3 surprise tomorrow bitches!

Tue, 09/20/2011 - 13:07 | 1689317 glokk26L
glokk26L's picture

Why, is the Dow up that much today?

Tue, 09/20/2011 - 13:25 | 1689334 SheepDog-One
SheepDog-One's picture

Last hurrah short squeeze before tomorrow when everyone hears Bernank is not delivering free QE trillions as a gift to bubble stocks.

BTW you added the part about 'The last time Greenspan went to the FED 'for a haircut' was the day QE2 was announced'! 

Nowhere does the article say that at all, just a 'rumor' thats what Greenspan went to the FED for and I highly doubt the whole story anyway, bunch of financial media talking head birds on a wire chatter. As far as you know Greenspan goes to the FED for a haircut and happy ending by male masseuse every week.

Tue, 09/20/2011 - 13:10 | 1689327 SheepDog-One
SheepDog-One's picture

Yea a whole lot of people will be surprised, when its realized silly things like this dont matter a bit and Bernank says he'll keep the carrot and stick QE model until the next FOMC. Which will be THREE days long.

Tue, 09/20/2011 - 13:09 | 1689322 entendance
entendance's picture

OCCUPY-WALL-STREET-PROTESTERS-ARRESTS( Sept 20, 2011) Spread This Video Please

Tue, 09/20/2011 - 13:14 | 1689347 djsmps
djsmps's picture

Generation Apathy.



Tue, 09/20/2011 - 13:45 | 1689446 JW n FL
JW n FL's picture

Here watch this you fucking bottom feeder.. try to learn something you fucking moron.

Tue, 09/20/2011 - 14:31 | 1689426 JW n FL
JW n FL's picture




OCCUPY-WALL-STREET-PROTESTERS-ARRESTS( Sept 20, 2011) Spread This Video Please

Another 40 Years of Protesting?

Another 40 Years of People using ALL their energy to entertain the powers that be?

Watch this Video of Wall Street drinking champagne and Laughing at all the little angry poor people March with their signs! @ 55 seconds into the Video!


40 Years of Peaceful Protesting ALLOWED this ALL to happen!

Another 40 years of Protesting will get you exactly Doubly Fucked as "We the Sheepish Consumers" are today!

Vote with a Bullet!

Use the same amount of Force to protect Your Constitutional Rights that is used to Take Your Rights From You!

Peace Love and Happiness Protest is a FUCKING JOKE!

Wall Street is Laughing at you Fucking Hippies!


Take a Bath you smell!

Get a Job!

Quit Smoking Pot!

And Most IMPORTANT OF ALL!! Take a Gun Safety Course and Buy some guns!

Then, Maybe.. if your wife will let you.. or if you have time between little league games.. you can make a difference! LOL!!



Tue, 09/20/2011 - 16:07 | 1689933 JW n FL
JW n FL's picture



Save a Human Being.. Kill a Nazi Pig!

OCCUPY-WALL-STREET-PROTESTERS-ARRESTS( Sept 20, 2011) Spread This Video Please.

New York's Finest!

It really is too bad the CIA could not have leveled the Whole of New York instead of just the twin towers


Tue, 09/20/2011 - 13:13 | 1689338 Caviar Emptor
Caviar Emptor's picture

What's wrong with all Americans doing each other's laundry? We can get money and go shopping for more Chinese crap. 

That's good, no? 

Tue, 09/20/2011 - 13:18 | 1689359 Sandy15
Sandy15's picture
What You’re Not Hearing About the New Jobs Bill: It Overrides State’s Rights......For instance, buried deep, deep on page 133 of the bill, it states:
(a) Abrogation of State Immunity- A State shall not be immune under the 11th Amendment to the Constitution from a suit brought in a Federal court of competent jurisdiction for a violation of this Act.
Tue, 09/20/2011 - 13:22 | 1689373 dwdollar
dwdollar's picture

Didn't the Soviet Union try this?

Tue, 09/20/2011 - 13:26 | 1689385 SheepDog-One
SheepDog-One's picture

Yea exactly.

Tue, 09/20/2011 - 13:27 | 1689388 Rodent Freikorps
Rodent Freikorps's picture

If it hasn't failed epically in the past -- usually numerous times -- Obama is not interested in it.

Makes you say, hmmmm.

Tue, 09/20/2011 - 13:30 | 1689398 0ppenheimer
0ppenheimer's picture

Yes, and it worked, too!

"Comrade, you will get a job or you will go to the gulag where you will be used as slave-labor or shot"


*~POOF~* zero unemployment!

Tue, 09/20/2011 - 13:27 | 1689386 Poetic injustice
Poetic injustice's picture

I vehemently protest!

In Soviet Russia everybody worked.
Of course, you need to make 5 year plans before that.
And gulags where to send people who are capitalists and are sucking working people blood.
Then everybody will be equal and happy.


And instead of courts you need Troikas to decide who is enemy of people.
No more than 10 minutes for each verdict.

Tue, 09/20/2011 - 13:30 | 1689397 Rodent Freikorps
Rodent Freikorps's picture

Everyone pretended to work.

I still remember the long lines at state stores, and people rushing across town on the rumor a meat shipment had arrived at one store in Moscow.

Butchers got lots of sex.

Tue, 09/20/2011 - 13:40 | 1689424 Poetic injustice
Poetic injustice's picture

Tssss. You're a doomsayer, USA will do better than SU.


Yes, lines for hours, all deficits, all being stolen and black market for all goods with triple prices.
I remember living in constant hunger because we were average family without connections.
Luckily SU crumbled before I got sent to Afganisthan or Chernobyl.

Tue, 09/20/2011 - 13:53 | 1689478 Rodent Freikorps
Rodent Freikorps's picture

Good times, huh?

Russians are proud of their ability to suffer. If they found communism intolerable, westerners can only imgaine just how badly it sucked.

Tue, 09/20/2011 - 14:02 | 1689509 Uncle Remus
Uncle Remus's picture

Everyone pretended to work.

And the State pretended to pay them. Hey, what a minute...

Tue, 09/20/2011 - 14:18 | 1689560 Poetic injustice
Poetic injustice's picture

Oh yes, that too.
Engineer received 150 roubles for his ahem, useless work, while person no skills moving crates around received around 300. You could go drunk to work, or come twice per month, they could not kick you out.
If you were unemployed, you would go to work or jail.

One of few good things was thorough educational system.

Tue, 09/20/2011 - 13:28 | 1689391 nedwardkelly
nedwardkelly's picture

"joint select committee of Congress"

Creating a joint select committee of congress do ANYTHING constructive for this country is like asking a group of deaf people to teach someone to be a better singer.

Tue, 09/20/2011 - 13:42 | 1689399 JW n FL
JW n FL's picture



This Bill is continuing entertainment for "We the Sheepish Consumers".

Wall Street is sitting on $30 trillion Dollars +++ and now is a GREAT! Time for Austerity!

Now is a Great Time to figure out a more palatable wayt to hand yet MORE TRILLIONS to the Job Creators..

The Job Creators who already pay ZERO TAXES and save the Bullshit! 30% Tax Bracket Bullshit!! the Loop Holes that Wall Street has used for the last 40 fucking years to pay Nothing! and then on top of paying NOTHING!! they have legislated ways to monetize Tax Credits going forward.. and then there are the Subsidies.

so not only does Wall Street NOT! Pay any or very little Taxes..

they have Lobbied and had Laws Created so that they may take a Tax credit and turn it into cash, compliments of the Government Tit / Our Tax Dollars.

and Subsidies.

So why would Wall Street need to create Jobs when Wall Street can sit on $30 Trillion Dollars and push / squash the American People just a little bit more for yet MORE Tax Dollars?

Austerity! what's GREAT for the Job Creators who are sitting on $30 Trillion in Tax Dollars or Dollars that "We the Sheepish Consumers" Backstop thru the Federal Reserve Bank!

I Love all of you idiot cheerleaders..

Wall Street gets 10 Times more money than the U.S. Military.. that either the Tax Payers pay for directly or that the Tax Payers Back Stop and still! STILL!! You idiots Cheer for Tax Cuts and Austerity for the Poor!


Tue, 09/20/2011 - 16:23 | 1690015 Zero Govt
Zero Govt's picture

"...some economic luminaries ...introduced a new bill, H.R. 2835... to establish a joint select committee of Congress to report findings and propose legislation to restore the Nation’s workforce to full employment…”

Isn't it the Jobs Czar, Jeff Immelts, job to do that?

Wasn't it formerly The Feds job to promote full employent??

Two bunches of useless Govt f**ks and now we're going to get a 3rd???

How many Police Forces do we need... we're on about a dozen and all as usless as the last. How many ID documents do we need ...we're on half a dozen and all as useless as the last .....anyone see a pattern here with Govt???

Tue, 09/20/2011 - 17:39 | 1690202 Anonymouse
Anonymouse's picture

Tyler, you can malign the Tooth Fairy all you want, but at least she left me real quarters under my pillow.

I'd take the real largesse of the fake Tooth Fairy over the fake largesse of the all-too real government any day.

Tue, 09/20/2011 - 18:01 | 1690254 Heroic Couplet
Heroic Couplet's picture

Military spending. Frankly, I don't see it listed. Describe how the government "creates jobs" in the military, and how government military contracts are money that goes into private pockets. I'm thinking David Rubenstein and Carlyle Group.

How is Solyndra different frorm military contracts? if Solyndra had a military purpose, would Republicans object? of course not.

ALL Congresional Republicans need to be out looking for JOBS. The Republican tax cuts have been in place for a decade. Where are the US jobs?Yes, Ron Paul should be at the head of the line, along with Rush, Rupert Murdoch, Roger Ailes, and the Republican leadership.

I know several African-Americans who have participated in Department of Education programs, and who majored in health sciences. Obviously they have high SAT scores; and just as obviously, they are gainfully employed.

Ron Paul and his son, Rand, are in medicine, so they have comfortable private sector incomes, supplemented, of course, by Medicare and Medicaid, sorta like the governor of Florida, Rick Scott. So why do the small government proponents, with a comfortable income, run of office? Because their on the make, right? They're collecting lobbyists money. Ron Paul was going to grill Ben Bernanke. Where is the footage? Because Alan Grayson, when he was in the House, certainly would have.

Tue, 09/20/2011 - 19:07 | 1690408 Miss anthrope
Miss anthrope's picture

I hope they are happy.  I closed my small business that employed 5 people and went to work for a paycheck because of, in toto, the undue burden of taxation and legislation on small business.............. I know countless persons just like me.  This government has to go down before I would be willing to get out and be an employer again.


Wed, 09/21/2011 - 00:03 | 1691065 Uncle Remus
Uncle Remus's picture

Been there, done that. 'Cept I went solo. Shame too, plenty of opportunities to put some folks to work, but most definately not in this environment, which, BTW, is much worse than it was a few years back when I pulled the plug. Obamacare nailed that effing door shut.

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