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Category: Current Affairs

  • Time at the Tea Party (updated 8aug2011)

    When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that is the…

  • The Christmas Yet to Come

    George Rebane [This is the transcript of my regular bi-weekly KVMR-FM 89.5 commentary aired on 5 August 2011.  It was recorded on the morning of 4 August 2011 before the markets took their 6% historic swoon.  As has been reported for some considerable time on RR, this market reaction is expected and reflects how the…

  • California Now Federalized (updated)

    George Rebane For the last years I have been telling RR readers that California was heading toward becoming a ward of the federal government – in short, federalized (e.g. here).  As with many major and momentous changes, I believe this was apparent to anyone who had a facility with arithmetic, and understood the basics of…

  • The Debt Deal – Nothing Ventured, Nothing Gained (updated 2aug2011)

    George Rebane Now you’re free to believe that last night’s debt limit deal between the Repubs, Dems, and President is a solution to any of the ills our country faces.  But you would be wrong, because nothing has changed except another little shot of morphine to ease our cancer’s pain. The deal, which may not…

  • Debt Crisis – The knives are still out

    George Rebane This weekend President Obama has told ol’ Harry to cool it and reinserted himself into the debt limit talks.  I think that the tea party message has finally gotten through, though not in its entirety.  Leaked compromises still consist of immediate debt limit increases that won’t be matched by spending cuts until many…

  • CCB Lite passes – 218 to 210 (updated 30jul2011)

    George Rebane Cut, Cap & Balance Lite just passed the House 218 to 210 with no Dems voting for it, and 22 Repubs opposing it.  The tea party backed Repubs came and took the heat to the end, they would not vote for an increase in the debt ceiling.  Why?  Because our continuing to borrow…

  • Discussing Norway and Breivik

    George Rebane “Norway's murders shouldn't be an excuse to shut down debate over multiculturalism and the failure of many Muslims to assimilate to Europe's cultural norms. British Prime Minister David Cameron and French President Nicolas Sarkozy have broken taboos by speaking sensibly on the subject. Democracies need to address their anxieties openly, rather than push…

  • Then Why Not $30 Trillion??

    George Rebane Sen Reid and Speaker Boehner have come up with competing plans to up the US debt limit.  Boehner’s plan will get us by the ‘sky is falling’ default scare and give time for a serious debate on tax reform and meaningful spending cuts that should last for years.  Among other provisions, it calls…

  • The Jobs Leak Continues

    George Rebane While we’re all tangled up in our fiscal underwear, few noticed that even GE (aka Government Electric) is not doing much to artificially keep jobs here in America.  They are expanding their X-ray business to China “to be closer to our customers.”  Since China’s healthcare industry will be booming in the coming years,…

  • Norway Terror (updated)

    George Rebane So now Norway has Anders Behring Breivik, its own equivalent of America’s Timothy McVey.  We read that the 32 year old farmer has killed almost one hundred people, personally murdering eighty some by shooting each of them at close range.  He also posted a YouTube video (now removed) of himself declaring his terror…

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