Nemo Me Impune Lacessit

Tuesday, 21 April 2015

Richard Berry, Keynesian (Letter to the Editor)

Filed under: Economics, Media, Politics, Principles — Tags: , , , , — mikewb1971 @ 6:50 AM (06:50)

From: Mike Blessing
To: Editorial Page Editor, Albuquerque Journal
Date: Wednesday, 8 April 2015
Subject: Richard Berry, Keynesian

Today’s Journal had as its headline a bit of free advertising — dare I call it a “puff piece” ? — about Richard Berry’s 50-mile bike loop.

Back in 2011, when Berry first proposed this elephante blanco project, he said that it “would create jobs.”

And it will for some — in the same way that Barack Obama’s “American Recovery and Reinvestment Act” (the 2009 “stimulus package”) created jobs.

First, there’s the construction jobs for workers hired to build the project. But — those aren’t permanent jobs. When the project is completed, those jobs go away.

Then there’s the positions in Parks & Recreation and Public Works that will be added to maintain it. Those positions (and the funding for them) will be subject to the whims of future City Councils and Mayors.

The basic idea here is that public spending will create economic activity in the private sector, because those hired to build and maintain this project will spend their paychecks in the market, thus the “stimulus.”

What Berry and Obama either don’t realize or care about is that monies taxed from the private sector could also be spent in the market by the people who earned them in the first place in the same manner. Is that not a “stimulus” as well?

No, Richard Berry wasn’t the first to propose this sort of nonsense. Nor was Barack Obama. That “honor” goes to John Maynard Keynes.


NOTES

  1. Approximate reading level – 10.7
  2. Reposted –
    1. Personal blogs and micro-blogs – Facebook / Google Plus / Twitter
    2. The Weekly SeditionFacebook / Google Plus / Twitter / WordPress

Copyright © 2015 Mike Blessing. All rights reserved.
Produced by KCUF Media, a division of Extropy Enterprises.
This blog entry created with Notepad++

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Saturday, 17 August 2013

Walking with Richard Berry? Nope!

Filed under: Economics, Politics — Tags: , , , , , , , , — mikewb1971 @ 3:55 AM (03:55)

——– Original Message ——–
Subject: Walking with Richard Berry? Nope!
Date: Friday, 16 Aug 2013 23:10:23 -0600
From: Mike Blessing
To: my public email archive, The Weekly Sedition @ Yahoo!
CC: Paul Heh for Mayor Campaign, Eye on Albuquerque, Patriot Minute, pat.frisch@cumulus.com
BCC: [43 individuals]

——– Original Message ——–
Date: Friday, 16 Aug 2013 18:57:58 -0400 (EDT)

“Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom; a free mind and a free market are corollaries.” – Ayn Rand

Except when a person draws conclusions that would lead them to courses of action other supporting candidates pushed by the McCleskey Clique. Like staying home, or supporting other candidates who seem to be more supportive of things like free-market economics, individual rights, Constitutionally-limited government and public-sector fiscal restraint.

Then that person is simply told “shut up and do as you’re told – what you do want, a Democrat in office?!”

In the online environment, that missive is often misspelled, with many exclamation points added at the end:

“shut up n do as ur told – wat do u want, a Democrat in office!!!!!!”

2. August 17, Saturday. 10:00 A.M. to 12:00 noon. Walk with Mayor Richard Berry. Meet at the _____________ Ranch Community Park, _____ Universe NW – a little north of ________ Blvd NW on Universe. Look for the Berry for Mayor Signs. For a map, access http://mapq.st/xxxxxxx.

First of all, Berry is a Keynesian – he supports big spending public works projects as a way to reward his buddies in the construction industry who donate to his political coffers. I cite the APS West Side Stadium and the proposed 50-mile bike path around the city as examples of his big-spending tendencies. Back in 2011, he pitched these with an op-ed piece in the Albuquerque Journal :

Mayor Urging ‘Yes’ Vote on Tuesday for Bonds

Here’s another bit about a previous version of “ABQ the PLAN” – or perhaps to be resurrected as “ABQ the PLAN II,” to be served up to us in 2014 after Berry’s re-election?

Sports Complex, Bike Trail, Boardwalk And White-Water Park Would Go to Voters

Yeah, that’s what we need – a white-water park. So while We The Private Citizens are directed to limit our water usage, considering that we live in a desert, it’s OK for the public sector to throw the stuff around willy-nilly?

Remember the 50-mile bike path around the city? Yeah, that’s an absolute necessity.

Mayor Seeks Proposals To Complete 50-Mile Bike Loop

Remember the Paseo Project? Originally, the price tag was 46 million, now it’s up to 93 million. I know inflation is getting worse, but this is ridiculous.

City Seeks $46 Million for Paseo, I-25 Project – Thursday, 8 December 2011

Paseo project wins fed approvals – Tuesday, 30 April 2013

Design team is chosen for Paseo/I-25 – Monday, 5 August 2013

See also http://abqjournal.com/search?q=Paseo+I-25+project+93+million

So Berry comes across as Obama with an “R” after his name. But he’s got that magic Big R, so he MUST the proper guy to support, correct?

Walking Albuquerque’s Westside neighborhoods with the Mayor will be State Senator Sander Rue, State Representatives Tom Anderson, Paul Pacheco and Monica Youngblood, City Councilor Dan Lewis, and Bernalillo County Commissioner Lonnie Talbert.

Paul Pacheco and Monica Youngblood were two of the eight Republicans who chose to kick gun owners around like a soccer ball when they supported HB77 in the last Legislative session.

As with Richard Berry, they deserve to lose their re-election bids.

Better an up-front enemy than a back-stabber professing friendship.

_______________________________________________________________________
Mike Blessing / Phone – 505-249-1248
Creator, Host and Publisher, The Weekly Sedition

Who owns you? Who runs your life? Who should – you or someone else?
Freedom is the answer – what’s the question?

“Government is the disease that masquerades as its own cure.”
– Robert LeFevre

“If you wanna live long on your own terms
You gotta be willing to crash and burn”
– Motley Crue, “Primal Scream”


NOTES

  1. Approximate reading level – 11.7
  2. Reposted –
    1. Personal blogs and micro-blogs – Blogspot / Facebook / Google Plus / Tumblr / Twitter / Xanga / Yahoo!
    2. The Weekly SeditionFacebook / Google Plus / Twitter / WordPress / Yahoo!

Copyright © 2013 Mike Blessing. All rights reserved.
Produced by KCUF Media, a division of Extropy Enterprises.
This blog entry created with Notepad++.

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