Apparently Mitt Romney has decided not to enter the 2016 race for president, as reported here by Google News.
While we are glad for the Romney family that Ann and the lads will not be subjected to another two-year meat grinder. At the same time, Mitt is one of the few possible candidates that could possibly put the federal government back on track.
And so we yield to the parallel reality of national politics in which candidates are measured by vaporous and mystical qualities. We are not sure exactly what these qualities are, but if a man like Mitt Romney cannot measure up, we are in deep doo doo. It probably explains how we ended up with the current resident of 1600 Pennsylvania Avenue.
Ann, Mitt, Thank you for being admirable role models and thank you for all your service.
Analysis, opinions and musings from America's Home Town, Plymouth, Massachusetts
Friday, January 30, 2015
Thursday, January 22, 2015
This Just in
Quick update on the previous post.
Turns out when we cited the current level of the National Debt at $17 trillion, we were a step behind.
Last week the ante got upped to $18 Trillion. We need some slack to be cut. After all, everything, except maybe the price of real estate, seems to lag the rest of the country down here in the tropics.
$18 Trillion is mucho dinero no matter how you slice it. To paraphrase the late Everett Dirksen, "A trillion here, a trillion there, pretty soon, you're talking real money". Poor old Everett was talking in millions. He must be spinning in his grave.
For an agonizing analysis of how this breaks down to the individual level, check out This Site. And the Deficit Monster doesn't just sit there waiting quietly for a far-off, day of reckoning, it demands to be fed on a regular and current basis. Last year we spent a cool $430 Billion on interest payments, and that reflected the artificially low, by historic standards, interest rates. Just wait until the Fed unleashes the rates.
The Left has long been accused of promoting a tax and spend approach to government. Obama has stood this on its head by cranking up the USA "credit card" first and then telling us we need to pay a little more in taxes to pay for "infrastructure". We used to think that Obama must have dozed his way through the economic classes during his Ivy League education. We now realize that he had a much more sinister plan in mind. We, and subsequent generations will be paying for Obama's presidency long after he has left the White House and is banking those $200,000 + speaking fees on the lecture circuit.
Turns out when we cited the current level of the National Debt at $17 trillion, we were a step behind.
Last week the ante got upped to $18 Trillion. We need some slack to be cut. After all, everything, except maybe the price of real estate, seems to lag the rest of the country down here in the tropics.
$18 Trillion is mucho dinero no matter how you slice it. To paraphrase the late Everett Dirksen, "A trillion here, a trillion there, pretty soon, you're talking real money". Poor old Everett was talking in millions. He must be spinning in his grave.
For an agonizing analysis of how this breaks down to the individual level, check out This Site. And the Deficit Monster doesn't just sit there waiting quietly for a far-off, day of reckoning, it demands to be fed on a regular and current basis. Last year we spent a cool $430 Billion on interest payments, and that reflected the artificially low, by historic standards, interest rates. Just wait until the Fed unleashes the rates.
The Left has long been accused of promoting a tax and spend approach to government. Obama has stood this on its head by cranking up the USA "credit card" first and then telling us we need to pay a little more in taxes to pay for "infrastructure". We used to think that Obama must have dozed his way through the economic classes during his Ivy League education. We now realize that he had a much more sinister plan in mind. We, and subsequent generations will be paying for Obama's presidency long after he has left the White House and is banking those $200,000 + speaking fees on the lecture circuit.
Monday, January 19, 2015
Peggy and Mitt
Peggy,
Peggy, Peggy!!
We love Peggy Noonan,
we really do, even when she goes off the reservation from time to time.
Writing in
Saturday’s WSJ, she starts with a riff on whether governors or senators have what
it takes to make the better president given the questionable premise that
governors are better versed in domestic issues, but are at sea when it comes to
foreign affairs. Conversely, senators
are seen to acquire more exposure, and presumably, expertise in the diplomatic
realm, but are weak on domestic issues.
The waters
get muddier when it is asserted that governors, for some reason, can more
easily shore up their weak side than senators. In an effort at counterpoint to
these assumptions I give you Messrs. Obama and Kerry and Ms. Clinton. All
three have been senators but apparently didn’t get the memo on their accumulated
foreign affairs expertise. We would argue that an evaluation of their
collective diplomatic abilities is not improved even if we assume, as does
Dinesh D’Souza, that the foreign relations goal of the current administration is
to drag America down from world power status to world-class has been. Surely
having the British prime Minister lobby the U.S. Senate on behalf of the
president’s Iran strategy, is a new low.
We now get
to the meat of Peggy’s piece, and his name is Mitt Romney.
Peggy’s
credentials as a Reaganophile, of course, date back to her service in the
Reagan administration and frankly, she has a lot of company, including
ourselves. Her argument that Mitt Romney is no Ronald Reagan, while true, should also point out that Reagan clones are also non-existent among the
rest of the list of possible 2016 presidential candidates. We are not sure that
even a reincarnated Ronald Reagan could measure up to his own prior record.
One of the
greatest failures of the current resident of 1600 Pennsylvania Ave is the way
he has divided the country. Liberals vs. conservatives, haves vs. have nots and
who would argue that there has been an improvement in race relations during his term and a half? We could
go on.
When Peggy
tells us that there is not, and never will be, anything like Romneyism, we see
this as a backhanded smack against Mitt’s conservative bona-fides. We would argue that what
is needed in a president is not another end-of-spectrum ideologue, but rather a well-organized and experienced manager who might be able to reign in of an almost
out-of-control administration as reflected by a national debt in excess of $17
Trillion!
First of
all, the government must be fiscally brought to heel by bringing back an effective
budget control system. Living within our means may sound trite, but ignoring it
has been putting us on the road to fiscal perdition.
As a
supplementary effort, the federal agencies must be nudged back to their stated
functions. The I.R.S., the Justice Department and the veterans Administration
are a few for starters. Rahm Emanuel has said that the federal government is grown
to the point that it is uncontrollable. We think he is right if the Chief
Executive with the constitutional mandate to do the controlling has little
administrative skill beyond neighborhood organizing. America is full of large
entities that are generally well-managed. If anyone can prove Rahm Emanuel
wrong, Mitt is the guy.
As far as any perceived lack of foreign affairs
expertise is concerned, revisiting Mitt’s comments from the last campaign shows
that this ex-governor knows a thing or two about the rest of the world.
Moreover, it could be argued that the real problem with our diplomatic
relations stems not from a lack of execution, but rather a mush-headed set of
assumptions about America’s international strategy. A re-instatement of the
country’s core values could go a long way towards putting our diplomatic
relations back on an even keel. And as Peggy has told us. Mitt, as a former
governor, has a natural leg up in getting up to speed in this area
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