You never know what will get His Majesty monologuing over breakfast.
For the sixth year in a row, the American birthrate has reached a new low.
Most economic statistics are lies. We will know that the real economy has finally turned around when the birthrate starts to rise again.
We will know that the pack of harpies and sillies that make up our national media and political classes has been replaced by real people when this gets more discussion than an obese guy dying in New York after being choked out while resisting arrest.
It’s been said that the difference between a dialogue and a monologue is that a dialogue is something two intelligent people have in order to seek common ground, while a monologue is something one mentally ill person does on a street corner where he’s sleeping on the ground.
That isn’t quite true. I’ve found that His Majesty is actually quite fond of monologues at breakfast, at least so long as he’s the one delivering.
Direct government spending isn’t the only way that societies provide social services. They also channel payments through private companies, encouraged, regulated and subsidized by government. This is what the United States does, notably with employer-provided health insurance (which is subsidized by government by not counting employer contributions as taxable income) and tax-favored retirement savings accounts.
When these are added to government’s direct payments, rankings shift. France remains at the top, but the United States vaults into second position with roughly 30 percent of its GDP spent on social services, including health care. We have a hybrid welfare state, partly run by the government and partly outsourced to private markets.
The American public wants me to be President. I understand their point of view. The first all-black President would be historic, and I have unparalleled experience in the field of managing vast, lethal boondoggles that I feel would translate well to the Executive. On the other hand, His Majesty would be unbearable. He seems to think politicians were created for his amusement.
I mentioned the poll to him. He said, “excellent,” and then said something about selling the capitalists the rope to hang them with. I think he may be getting senile.
The President has issued an executive order effectively granting temporary legal status to an estimated 5 million illegal immigrants, and temporary work permits. (more…)
Capitalism already has the ability to simulate patches of Communism inside the economy, at least insofar as many of the [central planning] advantages are concerned. These are called “corporations.”
Budget cuts will force the Army to further scale back training for units based in the United States, allowing only for training to company level (one hundred or so troops). The size of the Army is being reduced to pre–World War II levels. The Navy has fewer ships than at any time since before World War I; the Air Force is smaller (and flying older aircraft) than at any time since its founding.
I, for one, welcome this move towards embracing Spencer W. Kimball’s wise counsel. Not that I normally advocate feeling bound by the words of dead prophets, but I make an exception when they agree with the words I’m certain we will hear from future prophets.
Political correctness is, to a large extent, an organized effort to keep truth from being applied to the problems of reality.