Ponderstorm My Brainstorm on Life & Politics

Someone sent me an interesting analogy via email today. It’s an adaptation of one of Aesop’s most popular fables known as The Ant and the Grasshopper. While I’m sure this work could be improved upon, it is thought-provoking in light of our federal government which seems intent on penalizing work and the accumulation of wealth by those who take risks in business and are self-reliant.

I quote this adaptation below (original source unknown) for you to ponder on the political implications. Please share your thoughts after reading this adaptation of the Ant and the Grasshopper.

OLD VERSION

The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the ant is warm and well fed. The grasshopper has no food or shelter, so he dies out in the cold.

MORAL OF THE STORY: Be responsible for yourself!

MODERN VERSION

The ant works hard in the withering heat and the rain all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving. CBS, NBC , PBS, CNN, and ABC show up to provide pictures of the shiveringgrasshopper next to a video of the ant in his comfortable home with a table filled with food.

America is stunned by the sharp contrast.  How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so?

Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, ‘It’s Not Easy Being Green….’ ACORN stages a demonstration in front of the ant’s house where the news stations film the group singing, “We shall overcome.” Then Rev. Jeremiah Wright has the group kneel down to pray to God for the grasshopper’s sake.

President Obama condemns the ant and blames Read More…

Posted under 60 Seconds, Politics

Someone emailed me this image yesterday. It is entitled “Government Snow Plow” and includes the caption “Designed by the same people designing the health care reform” below the image.

I think this picture cleverly depicts the often staggeringly inefficient results of non-market-based interventions within our economy. Over time a truly free market weeds out most waste and excess. Conversely, politicians like to hand out favors (our Founding Fathers called it largess) using our money and thus perpetuate, and expand, government waste.

I don’t know who to attribute this image to but it sure is clever. I also feel the email’s health care analogy is pertinent. Think about this: how can we trust our federal government to manage the entire nation’s health care system for 300+ million people when they can’t even take good care of a few million veterans? What think you?

Posted under 60 Seconds, Economy, Politics

Last night I watched Bobby Jindal give the Republican Response to the State of the Union. I like Bobby Jindal and I liked his message. He is a good leader who has done great things already and has incredible potential.

Unlike the opinions of many TV talking heads and analysts, I think Governor Jindal did reasonably well for such an artificial setting. In fairness, he did not shine to his potential; however, his performance was no worse than many other governors before him in previous years and was better than many. The audio quality was poor which was no fault of his own.

So, with the above in mind, why did the Republican Party allow him to be subjected to such an artificial situation? Why not put him on a stage flanked by American flags and with a crowded room of fans who would interrupt with applause lines? Why did the Republican Party not think about minimizing the contrast between the President’s amazing State of the Union setting and the almost sterile environment of the Republican Response?

I am ashamed that Bobby Jindal had to endure any national ridicule, especially over things exaggerated by aesthetics. His message was good and appropriate but the setting was no match for people who don’t think deeply. More can and should be done in future responses to level the playing field and put Republican candidates in a more favorable light.

Posted under Politics

Sadly, NBC rejected an uplifting pro-life Super Bowl ad produced by CatholicVote.com. The excuse given is that NBC and the NFL are not interested in advertisements involving “political advocacy or issues.”

This ad is a project of the Fidelis Center for Law and Policy and represents the first release of a national media campaign. It is entitled “Life: Imagine the Potential” and you can watch it below.

Posted under Politics, Video

In my opinion, after the recent massive financial bailouts and other interventionist federal actions (and in some cases nationalizations) within our economy (i.e. the private sector), several pressing questions remain unanswered. I have been pondering on five of them for some time now. These are listed below in no apparent order.

1. If bad loans got us into this situation, then why is there so much effort to get banks to loan even more money?

If there is a dollar to be made and people are free to act in rational ways, then somebody creative will find a way to earn that dollar. My thinking is that in spite of the negative news regarding financial markets right now, there remains a market for loaning money to people with good credit. If this is the case, then there must be people willing to make a profit in such a market and so they will loan money to those with the means to pay them back. No crisis there.

On the other hand, the market for people with bad credit (i.e. people who you shouldn’t loan money to) has dried up and rightfully so. That should be a good thing. It made no sense to make risky loans but such actions were encouraged by foolish government policy that distorted reality and created an artificial market for bad loans. No loans to people who should not get loans means no crisis there either.

So let’s fast forward to now. I want to know why there is all the fuss about banks not loaning money then? It’s good banks are not making more bad loans. To push them to loan on a large scale again seems to me to further push us into the mud. We’re supposed to be getting ourselves “unstuck” but loaning more would seem to do just the opposite and compound our already bad situation. That doesn’t make a bit of sense.

2. Bailouts rewards bad performance.

Corporate leaders are paid to lead. Part of leading means avoiding problems. It seems to me that we have a bunch of bad leaders at many financial institutions (and in government) since they led their companies (and federal policy) on a path of suicide. Why should the government reward these guys with a bailout? Seems to me that such actions simply reward their poor judgment and punish those who kept their companies out of trouble.

As for the auto industry in particular, I have some specific thoughts along these lines. They were on an Read More…

Posted under Business, Government, Politics