novatownhall blog

Where you are held accountable for your convictions and record

Browsing Posts published by jack

Indeed, it seems that most science is not settled.

If science that actually follows the Scientific Method — with repeatable experiments and control groups — can be so “un-settled”, how can climate “science”, with no experiments whatsoever, and no control groups whatsoever, possibly be “settled”?

Jeb Bush misunderstands the Constitution.

COLBERT: Well, the right to have an individual firearm to protect yourself is a national document, in the Constitution, so shouldn’t that also be applied national —

BUSH: No. Not necessarily… There’s a 10th amendment to our country, the Bill of Rights has a 10th amendment that says powers are given to the states to create policy, and the federal government is not the end all and be all. That’s an important value for this country, and its an important federalist system that works quite well.

Let’s look at the actual amendments in question:

Second Amendment
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

Tenth Amendment
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

In McDonald v. Chicago (2001), the Supremes “incorporated” the Second Amendment, which means it applies to the States as well as to the feral government, thanks to the 14th Amendment.

This overrides the Tenth Amendment, because the laws proposed by the gun-bun kooks are “prohibited by [the Constitution] to the States”.

And what, exactly, are we talking about, anyway? Mental health checks:

BUSH: [Florida has] a requirement of background checks, a seventy-two hour waiting period…. We’re not violating any Second Amendment rights. In fact, Florida would be considered a Second Amendment, pro-gun State. Gun violence is way down. But we have simple check to make sure that people who are criminals are not accessing guns, and I think the next step is to figure out ways to make sure that we can know if people have mental health issues, which is really the common denominator of a lot of these violent, tragic cases, where people aren’t getting access to mental health and we don’t even know if they have real issues.

Again, Bush “misunderestimates” the Constitution.

Fifth Amendment
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

And yet it seems that Jeb advocates depriving people of their Second Amendment rights without such “due process of law.”

One last thing. If someone is so mentally ill that the court declares that he cannot have a gun, then he is too mentally ill to have a vote.

Bernie Sanders’ reported net worth is between $129k and $712k, estimated at $330k in 2013.

Let’s look at his employment and income history.

From 1983 through 1990 (eight years), Sanders was the mayor of Burlington, Vermont. That position currently has a salary of about $90,000. Using the Social Security wage indexing, we can put that at about $30,000 in 1982, and we will assume he got no raise while in that office.

Between 1991 and 2006 (sixteen years), Sanders was a member of the House of Representatives. He had a starting salary of $125,100, and an ending salary of $165,200. As a senator for the last eight years, he has earned $174,000 each year.

Now, assuming a mere 10% savings each year, and a poor 7% return, Sanders should be sitting on a cool million in savings alone, never mind the equity in his house.

(His wife also had a six-figure income during her seven-year tenure as the President of Burlington College, and her $200,000 “golden parachute” upon leaving, but I presume that her net worth is not being reported with his.)

Sanders cannot even manage his own money.

Oh, yes, they call them “refugees”, but they are invaders.

They will not enter Europe and adopt European ways. They will not adopt the values of religious freedom. No, they will demand that Europe change to accommodate them. They will demand that pork not be served in schools. Then they will demand that no students be allowed to bring pork for lunch. They will demand that they be allowed to operate under Sharia law.

In short, everything they claim to be running from is what they will demand Europe change to. They are not fleeing their problems, they are bringing their problems to Europe.

Shocking moment desperate father throws himself, his wife and baby onto rail tracks in Hungary after realising their ‘train to Austria’ is actually taking them to a refugee camp

Refugees threaten Europe’s Christian roots, says Hungary’s Orban

As this video explains, the fertility rate in occidental countries is below maintenance level:

Why? Why is the fertility rate so low? Why do Whites in America have the lowest fertility rate of all races and ethnicities? Feminism.

That’s right — the “career before kids” selfishness of feminism is destroying western civilization.

Weasley Panic

Well, the stock market dropped 3% Thursday and Friday, and sure enough, S&P500 futures were trading down over the weekend. The market opened lower this morning, and immediately dropped. All the panic orders placed over the weekend. In short order, the major U.S. stock indices were down more than 5%. The Dow Jones Industrial Average had dropped over 1000 points from Friday’s closing price.

Now, as I write, not so much. The DJIA has regained over 850 points, and is down less than 1% from Friday’s close.

I am now in my 50′s. I hope I can retire early — perhaps at 60. Yet still, I am fully invested in the stock market, and that is where my 401(k) contributions go. I do not buy and sell on hype or panic. I just buy. (I will admit that my portfolio is in desperate need of re-balancing, but that’s another topic.)

The fact is that, long term, stock prices driven by only two forcing functions: inflation and profit. But even ten years from retirement, I’m still investing long-term, because I plan to live long-term! That means stocks.

And market volatility, rather than being a Bad Thing, is actually a Good Thing for those of us in the “accumulation” phase. With a 401(k), one is dollar-cost-averaging into the market, so higher volatility around the long-term forcing functions increases long-term profits.

Just one more example of how those whose actions are driven by facts and logic make money from people whose actions are driven by their emotions.

Hillary Clinton, trying to out-socialism socialist Bernie Sanders, has announced a new plan for taxpayers to pay for someone else’s kids college.

She calls it “The New College Compact”.  Here are the highlights:

  • “No student should have to borrow money to pay for tuition at a public college or university.”
  • “Schools will have to control their costs and show more accountability to their students.  No more 42% increases over ten years (way above the rate of inflation of anything else).”
  • States will have to meet their obligation to invest in higher education.
  • The federal government will increase its investment in education and will not profit any longer off of student loans.
  • And everyone, everyone who already has student debt will be able to refinance it at lower rates.
  • We’re going to make community college free.

The upshot is, every one of those things, even not profiting off student loans, the States can do already. The fact is that the State legislatures choose not to do it.

Georgia has Hope Scholarships, which provide free in-state tuition to all Georgia High School students with a B average or better. The federal government has the same revenue source the States do — We the People.

One other point she made, that if one gets a loan to attend a private college, then repayments would be limited to 10% of your income and would have a fixed term — even if you do not pay it off!

Well, that’s nice. Would you give a loan to someone for a course of study that might not land them a good-paying job?

Then she hits the colleges with the same hammer: “We will make sure colleges and universities have more skin in the game. If they load students up with debt for programs that don’t lead to good-paying jobs, students and taxpayers should not be the only ones holding the bag.  The colleges deserve a certain amount of the responsibility and they will have to fulfill it.”

Well, there goes the History Department — and the Drama Department, and the Music Department, and the Philosophy Department, and the Dance Department, and several others I cannot think of right now.

This will turn our colleges and universities into nothing more than glorified trade schools. You can major in Mathematics, Computers, and Engineering. If you want to study anything else, be an Education major and learn to teach it.