By Russell D. Longcore
The Nation I: This week, President Barry got caught talking in front of a microphone without a teleprompter telling him what to say. For those of you living under a rock, the Supremes are going to rule on whether or not Obamacare is Constitutional. Barry called them an “unelected group” (true and intentional), and that overturning the law would be an “unprecedented, extraordinary step” and that they should not overturn the law which was enacted by a “democratically elected Congress.” God, where do I start? Let me start here…Barry’s right. Not that overturning law would be unprecedented…it’s not. But judicial oversight was INVENTED by the Supreme Court in Marbury v. Madison in 1803. The doctrine of judicial review cannot be found anywhere in Article III of the Constitution. The state legislatures and state courts are where liberty should be protected and where Federal tyranny should be nullified. But poking the bear with a stick is never a good idea, and Mr. President may be sorry that he did not stay with prepared remarks. These nine robed bears remember full well when he invited them to sit in the front row at the 2009 State of the Union Address, and then scolded them in front of the world for a decision he did not like on campaign finance. Curious, though. Back then, superPACs were evil. This year, he’s planning on having some of his own. May the bears eat his law and shit it back at him.
The Nation II: What practical lessons can we all learn from the Trayvon Martin/George Zimmerman fiasco? First, don’t ever join or become the neighborhood watch guy. Mind your own business and be the watch guy for your own family or just you and a close neighbor. Do you have any idea how much personal liability you open yourself up to by patrolling your neighborhood with a firearm? I am sure most neighborhood watch groups do not buy a liability insurance policy for their acts. Second, you must know the law in your own state for the use of deadly force. I’m not saying Zimmerman violated Florida law. I’m just saying that the deadly force doctrine is complicated and changes very quickly in a physical confrontation. For example, if you’re being threatened by an assailant and you draw your firearm, OK. But unless that assailant makes a move on you, you cannot shoot him lawfully. As soon as the threat is diminished, such as you move away or he moves away, the deadly force justification goes away. If you must shoot, put two in his torso and one in his head. Dead guys don’t testify. Make sure your story is the only one you have to deal with. Third, don’t talk to cops. I’m not saying you should not cooperate, but everything you do and say will be used against you in court. And fourth, if you can leave the scene before police arrive, I recommend it. Even if you are the shooter. Get away from the scene and call an attorney immediately. “Lawyer up,” as the saying goes. So shoot, scoot and lawyer up.
The Nation III: The General Services Administration (GSA) had a big conference in Las Vegas recently, for which they spent over $800,000. They spend money on clowns, a mind reader and a standup comic. They spent $75,000 on a team-building event in which they built a bicycle. They sent attendees home with commemorative coins and a yearbook for the event. This is the government agency that is the landlord for all the federal buildings and is supposed to hold down costs. When this came to light this week, GSA Administrator Martha Johnson got the axe. I’m amazed at the amount of outrage this has generated. People, listen up. The Congress spends $2.2 trillion a year, and you get your panties in a wad over eight hundred K? Get some perspective. The GSA party in Vegas is not what is stealing your liberty and taxing you to death. Sure, it’s an example of how out of touch Washington is. But America should be storming the Capitol. Congress and the White House don’t fear the people, and until they do, not much in Washington is going to change.
International I: Hugo Chavez, President of Venezuela, has been in Cuba undergoing cancer treatments since late March. I understand he got a few minutes with Pope Bennie last week. Let’s hope the Pope brought his little vial of healing oil with him to Havana. Chavez is 57 and does not want to die just yet. He wants to dick with Washington a little more before his candle goes out.
International II: Malawian President Bingu wa Mutharika, age 78, died this week of a heart attack. He was a reformer and pretty popular in Malawi. They export a lot of tobacco in Malawi, although the tobacco goes into cigarettes, not cigars. Which brings me to a point. Are you aware of all the toxic chemicals that go into making paper? Bunches of nasty stuff. If you’ve ever lived near a paper mill, you will never forget the stench of the mill. But people around the world think it’s OK to grind up some tobacco, wrap it in paper, light it on fire and breathe in the smoke. What a lousy way to get your nicotine fix!! If you’re going to smoke tobacco, why not at least look for a stick with a tobacco wrapper instead of paper? Smoke cigars. Smoke pipes. But cigarette smoking is kind of stupid if you ask me. White men learned tobacco smoking from the American Indians. I’ll bet they didn’t die of lung cancer. I could be wrong, though.
Business: Remember back about a month ago, when the Obama Justice Department struck a deal with the mega-banks to limit the amount of money they were liable for because of the “robo-signing” of mortgages as well as lots of other criminal shenanigans in the real estate foreclosure debacle of the last 5-6 years? Well, you ain’t seen nothin’ yet! Part two of the housing slump is getting ready to happen. The big settlement now allows banks and lenders to finish foreclosures that were previously clogged up. It doesn’t matter whether the banks have legal title to the house. The inventory of troubled homes in America is said to be north of 9 million. That means that (1) in the process of liquidating these properties, values are going to continue plummeting, and (2) the housing market will not find bottom any time soon, and (3) the housing market will not begin to recover until 9 MILLION houses clear the market. That means somebody will have to accept the losses on all the foreclosures and write them off. Don’t expect the banks to do this. They’re too big to fail. By the time the housing market hits true bottom, expect to see housing prices about a third of what they used to be. Not 33% lower…67% lower. A $100,000 house in 2006 could sell in the mid-$30,000 range over the next 2-5 years. Are you in the real estate business? Are you in the mortgage business? Perhaps you might think about another career path. Last week, we talked about trends, and sunset industries. Real estate is a sunset industry. Massive amounts of overpriced inventory can only mean one thing…fire sale pricing. Does it make sense to keep trying to milk a dry cow?
That brings me to tonight’s commercial message. Energy is the last industry in North America to deregulate. Think about all the industries that have deregulated in the last hundred years…shipping, trucking, air travel, long distance services, the phone companies, and more. When deregulation happens, there is always a massive transfer of wealth from the old monopolies to the new competitors. Companies like UPS, Fedex, Sprint, Verizon, Southwest Airlines and Airtran….none of them existed until deregulation happened. And now energy deregulation is sweeping across America. The energy industry is also the biggest industry ever to deregulate, a $500 Billion a year giant. The new trend, my friends, is energy deregulation. Here’s my question: Do you want to take advantage of a fast-growing trend that will continue growing over the next 20-30 years? Every adult that lives indoors pays an energy bill every month. Energy is a non-negotiable life-essential monthly expense. Many people will pay the light bill before the rent simply because if they don’t, the utility will cut off their service. But YOU can position yourself so that you get paid a monthly income when hundreds or thousands of individuals and businesses pay their monthly energy bills. Those visionaries who get in early stand to make fortunes over the coming years! To learn more about my Energy business, go to: MasterpieceEnergy.com. Watch the opening video about “Lifestyle.” Then look to the left and click on “Defining Moments” to learn about a truly recession-proof business.
Economy I: The number of actual new unemployment claims under state programs, unadjusted, totaled 311,339 in the week ending March 31, down only 12,054 from the previous week. Yet, the Labor Department reported 357,000 new jobless claims…a number higher than the real number by over 46,000!! Folks…what am I missing? What possible benefit is there to the Obama Administration to over-report new jobless claims numbers week after week? Apparently, I’m missing some Machiavellian reason for lying to America.
Sports Part I: The University of Kentucky stepped up strong Monday night and beat Kansas for the Men’s basketball national title. Congratulations, Wildcats!
Sports Part II: The Baylor Women’s basketball team went 40-0 this season, and their last win was the national championship. And most of their star are undergrads and will return next year. I wonder how far they can extend this streak? Should be a great year for them next season.
Entertainment: Professional smartass Keith Olbermann got his smartass fired last week from Current TV, the cable channel founded by Al Gore. With a decidedly liberal, socialist-loving, big government supporting viewpoint, the channel decided that Olbermann was too much of a petulant wannabe star to put up with any longer. Current TV hired Olbermann and was building their whole persona around him. Olbermann sued Current TV for about $50 million, and his former bosses are countersueing for unspecified damages. Think about it. How bad do you have to be to get Al Gore to get a belly full of you? Go back to sports, Keith. I liked some of your stuff on Current TV, but stop being a prick.
That’s all for tonight. Thanks for watching. I am Russell D. Longcore. For all of us here at Dump D C: Good night and good luck.
Dump DC: Six Letters That Can Change History.
Copyright 2012: Russell D. Longcore. Permission to reprint in whole or in part is gladly granted, provided full credit is given.