Why Palin Has Resigned So Early

Everyone is asking why Sarah Palin, the Republican governor of Alaska, has resigned from her governorship so soon if she is planning on running for the Republican nomination in the 2012 election.

I have one big reason to explain.

Right now Congress has passed the new Obama cap and trade (read cap and tax) bill and it is going to the Senate for approval.

If this bill passes, the cost of fuel will be going up dramatically due to the taxation. This would decrease the demand, which would in turn affect the revenue of Alaska, perhaps even pushing them into deficit.

Why would Palin want that lodestone around her neck when she goes for the brass ring?

All in all, it is a wise move on her part.

Socialism Explained Simply

I got this via email from a friend.  Nothing could be simpler.

An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class.

That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, “OK, we will have an experiment in this class on socialism. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.   After the first test, the grades were averaged and everyone got a B.

The students who studied hard were upset and the students who  studied little were happy.

As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.  The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

Animal House Of Commons – Will We Be Voting This Summer?

The simple answer to this question is no.

Despite all the saber rattling the bottom line is that:

a) The Bloc Quebecois doesn’t want to lose seats to the Liberals and right now that’s what would happen.

b) The NDP doesn’t have the money to fight an election and they would definitely lose seats.

c) The Liberals don’t have the money and wouldn’t dare call an election before infrastructure money gets spent.

So this weekend Michael Ignatieff is going to relax, have a cognac while he intellectually debates with hawks like Warren Kinsella and in the end, the conversation will go something like the one between Greg Marmalard and Dean Wormer in the movie Animal House.

Liberal Hawk: But the Tories are already on probation.

Michael Ignatieff: They are? Well, as of this moment, they’re on DOUBLE SECRET PROBATION!

Sometimes You Have To Scratch Your Head

Received in my email. Probably because I provide components to the makers of Blackberry and because I am pretty Conservative.

Recently Michelle Obama went to serve food to the homeless at a government funded soup kitchen .

obamasoupkitchenblackberry2
Blackberry User Snaps Photo Of Michelle Obama at Soup KitchenClick Image To Enlarge

Cost of a bowl of soup at homeless shelter $0.00 dollars

Having Michelle Obama serve your soup $0.00 dollars

A homeless person who is receiving government funded meals while taking a picture of the first lady using his Black Berry cell phone $$$$ Priceless

York University Professor Likens "Sexting" To "Spin The Bottle"

York University Professor Peter Cummings has likened “Sexting” to “Spin The Bottle”.

For those who are unaware, “sexting” is a play on the word “texting” and refers to someone taking nude photos of themselves and sending via cell phone to others.

Peter Cumming, an associate professor at York University in Toronto, presented a paper on children’s sexuality at the 78th Congress of the Humanities and Social Sciences defending the practice as a modern variation on “playing doctor or spin-the-bottle.”

This is, quite simply, a travesty. It takes a big step forward in the degradation of our youth when someone in the education field indicates that it is a modern right of passage the way “spin the bottle” was years ago.

I do agree with the professor that youth should not be prosecuted for this. I would go so far as to say the same “of similar age” defense should apply to this. But the fact remains that indicating that “sexting” is as acceptable as a kissing game is not even close to hitting the mark.

The ramifications of “spin the bottle” is perhaps a cold sore or perhaps even mononucleosis, both of which are not the end of the world. But when someone has their nude photos potentially spread all over the internet the outcome is potentially far worse.

That this person is an educator, and someone we entrust our children to, makes it that much worse.

Free Market Needed In Television Debate

I’m getting tired of the wars going on between local TV stations and carriers.

The answer is simple.  Every carrier should charge a base fee for their service.  (along with the obvious equipment rental charges, etc).

Then every station should be able to set it’s own cost per subscriber.

Then every subscriber should be able to select each individual channel they want with the only exception being they need to have a set percentage of Canadian stations to meet the Canadian Content requirements.  For example, 4 out of every 10 stations chosen must be Canadian. (or something similar)

Then finally, for nationwide conglomerates such as CTV, they take a set percentage of their subscriber fee for paying the carriers and for covering things such as national branding, national level news, for the purchase of programming, etc.  And then they can divvy up the rest to local affiliates based on the local affiliates viewership as a percentage of the national viewership.

I call this the King/Freedman model.  i.e. Can’t we all just get along by letting the Free Market reign?

Jack Layton is Canada's Barney Frank

Today in Power Play, Jack Layton said that a reasonable credit card rate is needed for low income Canadians.  Jack Layton is dead wrong.

Good credit card rates are given to people who have a history of paying their cards off.  Bad credit card rates are how banks and lending institutes pay for cards that people default on.

So why is Jack Layton our version of Barney Frank?
In 1999, Democrat Barney Frank called for Freddie Mac and Fannie Mae to provide low income mortgages to Americans known as NINJA loans.  NINJA stood for No Income, No Job or Assets.  So in essence, what the Democrats, under Bill Clinton, did was to create the conditions for the sub prime implosion that has caused the current recession by allowing people who had no business owning a home to get one at great rates usually reserved for people with Jobs, Income or Assets that are used as collateral.
If you doubt the validity of this, you can read the article at the NY Times by clicking here.

So today, Jack Layton feels that Canadians who are not eligible for low interest rates should get them in a similar fashion to what Barney Frank called for back in 1999.

The whole reason there are different credit card rates is many fold.  One is for points options or freebies.  But the main reason is because people who have no business getting credit often default on their payments and put their credit rating in further disarray.  This in turn makes it almost impossible for them to get a half decent rate.

So the question that Jack Layton needs to answer is…..Does he expect the tax payer to bailout people who have bad credit when they default on the credit cards they have no business getting in the first place?