Welcome to the aristocratic state.

And Obama isn’t doing anything but signing what the veto-proof Congress sends him and otherwise agrees with.

There’s a fairly large element of the public that simply votes against the guy in power. That’s now Obama, scapegoat Bush though he may.

We are in very ugly, crazy times.

Interesting announcement today from Palin that she will be backing any candidates who support her views of “limited government, strong defense and “energy independence.” I think that is the correct view and one that resonates with the public.

Also, I have gotten similar calls from tech recruiters. People need to get things done, but they are utterly foolish about their recruiting. They are lowballing their recruiters (and getting recruiters who have no clue and can barely speak English) and lowballing their hires – and almost certainly getting people who can’t do the job. 2 hours is not even sufficient to randomly pick someone.

Nope, not a one. One of the reasons I advocate another movement:

“Throw The Bums Out In 2010 & 2012 – Reboot Congress”

I do not care where it comes from but we must do away with the professional political classes. The elitists who believe they have a right to rule us. Those Ivy League snots from both sides of the supposed divide. Maybe The Constitution Party?

Subotai @ 115: “Where I think I may differ from you, is that you seem to take it as a given that there will actually be a couple of more election cycles. I am not that optimistic.”

As you know, I am with you there. The recent trends in legislation including Federal Detention Centers (Yup, that is what they are) outlined in HR 645 and hate crime laws – HR 1699(?) – speak about a coming storm that will make most cry. The 0bamamantion and Fascists’R'Us (Congress) seem to be making sure that the Republic disappears from view.

Just an o/t one for all. I got a call/message today. Some Indian guy who was unintelligible. I literally could not understand a word he said. Luckily he sent an email also. It turns out that they were looking for an IT PM to staff a 6 month contract but the window to fill was TWO HOURS! What the heck kind of IT PM will you get if you have that short a trigger to fill it? Just unbelievable.

U-6 is over 16%…

But U-6 leaves out:

Independent Contractors — a very common employment mechanism in high tech and high skill positions generally. Lay-offs have been massive.

Illegal immigrant laborers — the were working and they really lost their jobs. But they are under the radar. Job losses are staggering.

Sole-Proprietors — one man shops are folding up. These people are unemployed but are never counted as such because they are capitalists.

Real Estate Brokers — still on the books as a commissioned sales rep. Unfortunately, no sale has closed in the last 90 days. For the BLS such commissioned troops are still 100% employed. The cash flow reality is obviously quite different.

When these workers are tacked on to the U-6 it becomes plain that we have already reached Great Depression unemployment levels.

In California we’ve exceeded the Great Depression numbers. Out here it is reasonable to expect construction trades unemployment to surpass 80%.

Yet more job losses loom directly ahead: state governments are going to have to cut spending massively. Most of their spending is on paychecks and welfare. The payments are biased towards Democrat constituencies.

The Syn-CDO trap is being sprung. Kenosha Schools are already in litigation to get their millions back. Throughout the land public pension money is at hazard to the mega-bankers. The CDS held by big banking will re-float their balance sheets at the direct expense of these pension funds. In turn taxpayers across the land will have to pony up for the losses since the teacher’s pension is an absolute obligation. Many municipalities will consequently go bankrupt.

All of the above will trigger a massive revulsion against the powers that be.

And as for the press: McClatchy CDS are priced for immediate bankruptcy already! The NY Times will have to go into Chapter 11 before the 2010 campaign — borrowing money at 14% says everything. Pinch will really be feeling the pinch!

I’m expecting a train wreck, a currency crisis and a political crisis.

Already China is doing its best to abandon the dollar. Dollar revulsion would trigger hyperinflation.

Now that’s a Reset Button !

http://pajamasmedia.com/instapundit/81624/

Agreed, we are running on the same track. Not an elected official, but a delegate up to the State Convention level every year since 1980, with the exception of the year we lost a son. I have run a presidential campaign in my county. The Republicans are circling the toilet bowl and their own leadership hit the flush lever.

I’m technically a Republican still; but if a third party comes out of the Tea Parties, I’m there. If the Republican Politburo forces Crist in Florida, or blocks Toomey in Pennsylvania by finding a RINO to guarantee the Democrats keep the seat; I’ll be in the Constitution Party.

Where I think I may differ from you, is that you seem to take it as a given that there will actually be a couple of more election cycles. I am not that optimistic.

Subotai Bahadur