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	<title>Dose of Clarity &#187; General</title>
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	<link>http://doseofclarity.com</link>
	<description>Logic and common sense</description>
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		<title>Disparate results promote a nation’s excellence</title>
		<link>http://doseofclarity.com/general/disparate-results-promote-a-nation%e2%80%99s-excellence/</link>
		<comments>http://doseofclarity.com/general/disparate-results-promote-a-nation%e2%80%99s-excellence/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 18:22:17 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[equal opportunity]]></category>
		<category><![CDATA[equal result]]></category>
		<category><![CDATA[social justice]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=653</guid>
		<description><![CDATA[The pursuit of ideals such as social justice as a political objective completely discounts the contribution afforded by disparate results among members of society.  It is through these contrasting outcomes of success or failure that serve to drive and inspire greater efforts in the future.  If a citizen perceives their result as inferior [...]]]></description>
			<content:encoded><![CDATA[<p>The pursuit of ideals such as social justice as a political objective completely discounts the contribution afforded by disparate results among members of society.  It is through these contrasting outcomes of success or failure that serve to drive and inspire greater efforts in the future.  If a citizen perceives their result as inferior to another, this becomes a motivating factor in their future pursuits.  Being associated with the “have-not crowd” is not necessarily a permanent outcome; in fact, it should ardently focus one’s efforts to bring about a different and more desirable outcome going forward.  Imagine a whole nation of individuals striving to better their own circumstances and the effect that has on the aggregate.  No amount of guaranteed or promised results could begin to arouse the spirit unleashed by millions of people striving to exceed their own condition.  This truth is evidenced by the greatness that the United States has attained through its history.  It has resulted from the ambition created in our nation by allowing unequal results to <span id="more-653"></span>be experienced thus pointing the way for others to follow and exceed if desired.  Life is an everlasting competitive endeavor that will always result in winners and losers, but the good news is that it is an ongoing journey and there are many ways citizens can find to win as long as they remain engaged in the pursuit.  This constant stirring of spirit for advancement is absolutely the only way to progress a nation to greatness thereby raising the livings standards of all its inhabitants.</p>
<p>It is hard to think of anything more cruel or self-defeating than to destroy the spirit and ambition within a population.  Promising equal results to all will certainly result in a race to the bottom for everyone because all incentive will be eliminated thus ensuring failure.  The ambitious crowd will cease to strive and take risk while the apathetic crowd will never be motivated to venture into realizing any aspiration.  For as unkind as it seems that there are some in society that have attained a disproportionate amount of abundance, it is even more unkind to extinguish all hope that the others may ascend to the same level of accomplishment.  Notions of social justice sound utopian, but as often true of Government promises; they seldom deliver and create massive destruction as a result of their implementation.  Having different and unequal results in society should be viewed as a gift that facilitates a better life for all of us.  Allowing a system that rewards effort and accomplishment will rightly keep America’s arrow pointed up in the future, anything to the contrary will guarantee an outcome not even worthy of a dismal participation trophy.</p>
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		<title>The social justice masquerade</title>
		<link>http://doseofclarity.com/general/the-social-justice-masquerade/</link>
		<comments>http://doseofclarity.com/general/the-social-justice-masquerade/#comments</comments>
		<pubDate>Sun, 13 Sep 2009 22:02:58 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[big government]]></category>
		<category><![CDATA[equal opportunity]]></category>
		<category><![CDATA[equal result]]></category>
		<category><![CDATA[redistribution]]></category>
		<category><![CDATA[social justice]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=584</guid>
		<description><![CDATA[The concept of social justice has been around for quite a while now but it seems to have really gained momentum in our society recently.  It has come to my attention so often lately that it has me thinking about what exactly is the objective of someone who touts this initiative.  If you [...]]]></description>
			<content:encoded><![CDATA[<p>The concept of social justice has been around for quite a while now but it seems to have really gained momentum in our society recently.  It has come to my attention so often lately that it has me thinking about what exactly is the objective of someone who touts this initiative.  If you generally define the expression beginning with the word “social,” it refers to basic human co-existence or interaction among people.  The word “justice” is commonly accepted to mean what is right, appropriate or deserved.  This becomes realized when an unjust act is remedied and the victim is made whole again.  It seems from a justice perspective that a person must be harmed by a specific person or entity, a careless action has been taken that directly impacts another and creates damages.  This does not really fit the usage or the reality of the social justice message very well because there are avenues equally available to redress any such grievances that one commits on another.  That leads me to <span id="more-584"></span>consider the often cited ideal of equal opportunity as being the true objective of social justice in our nation, and the champions of this cause would probably agree that this is the central purpose of the agenda.  However, this really does not hold up well either because there are too many examples of rags to riches stories from all walks of life from within our borders as well as immigrants from around the world that now make America their home.  The availability of opportunity has been the primary distinguishing factor that has driven so many to our shores since our nation’s founding.  There is no place on earth where one can realize their aspirations to a higher degree than right here in America and even the rest of the world would unlikely contest that thought.  Numerous successes by immigrants who are naturally disadvantaged by language, customs and culture run contrary to any claims that opportunity is not available.  Therefore, in the absence of specific wrongs being committed that require actual justice, and observing that opportunity apparently exists for those willing to actually pursue it, one is lead to conclude that neither is the real objective of social justice.  The initiative likely has aspirations of a greater prize while still conveying the aforementioned motives as its aim.  </p>
<p>The more plausible objective of the social justice movement is the unspoken goal of achieving income redistribution, a concept centered on equal result instead of equal opportunity.  The concept of justice is asserted to portray the belief that some citizens among us rightfully deserve the same result as other more prosperous citizens and society has not delivered on that conviction, thus it is seen as an injustice that needs to be remedied.  What makes this so attractive is that is requires no responsibility for one’s standing in life, it is too easy to play the victim proclaiming how unfair everything appears while expecting financial resolution under the pretext of justice.  Equally disturbing to this thinking are the proponents of this mindset that actually believe this to be legitimate and expect one to compensate another only because they have attained wealth.  The results are not perceived to be equal in our society, thus the remedy of reallocation is needed, and this can be accomplished while proclaiming it to be about equal opportunity.  If it was really about equal opportunity and not equal result, then why is it not labeled social opportunity or something similar?  A question that comes to mind is if all the money was equally redistributed tomorrow, would there still be a social justice movement in search of opportunity?  If the answer is no, then ask yourself how long would it be before it resurfaces again.  The answers are obvious and easily illustrate the true objective of social justice however malicious and absurd it may be.</p>
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		<title>The sales tax holiday zaniness</title>
		<link>http://doseofclarity.com/general/the-sales-tax-holiday-zaniness/</link>
		<comments>http://doseofclarity.com/general/the-sales-tax-holiday-zaniness/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 18:19:52 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[sale promotion]]></category>
		<category><![CDATA[sales tax]]></category>
		<category><![CDATA[state tax]]></category>
		<category><![CDATA[tax holiday]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=557</guid>
		<description><![CDATA[Just what is it about a sales tax holiday that gets people so excited and willing to get to the stores early and fight the crowds?  Why is there even such a crowd to begin with?  The reality of this promotion is that it merely saves you 6-10% depending on the state in [...]]]></description>
			<content:encoded><![CDATA[<p>Just what is it about a sales tax holiday that gets people so excited and willing to get to the stores early and fight the crowds?  Why is there even such a crowd to begin with?  The reality of this promotion is that it merely saves you 6-10% depending on the state in which you reside.  We live in a society that routinely has sales or markdowns all through the year that far exceed any benefit given by a sales tax holiday.  It is not unusual to see 40, 50, or even 60% off sales, but we casually stroll by them with little attention given, but as soon as a tax holiday is announced, then its time to set the alarm and get to the store by 8:00 a.m. to stand in line so we can save 8%.  We are not impressed or moved into action by a half-off sale, but we will have our shopping list and our plan of action ready for that single-digit savings event that we have been waiting for all year.  It makes absolutely no sense that we will elbow our way through the masses of humanity for something that is less of a benefit than we can experience numerous times by thumbing though a newspaper for sales, using coupons, or shopping on the internet that often excludes sales tax as a normal course of business if used selectively.  The fact that this campaign elicits such a strong response tells me that people are not really considering the reality of its perceived benefit, or it goes to show the true value of effective marketing.  In either case, it is probably better to let others run each other down with their shopping carts in pursuit of the latest Winnie the Pooh backpack and instead choose to shop at another more peaceful time.  It may cost you an extra 8% in tax, but you are likely to find greater discounts without all the hype of this exaggerated promotion.</p>
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		<title>Incriminating oil speculators</title>
		<link>http://doseofclarity.com/general/incriminating-oil-speculators/</link>
		<comments>http://doseofclarity.com/general/incriminating-oil-speculators/#comments</comments>
		<pubDate>Sun, 02 Aug 2009 18:37:46 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[oil price]]></category>
		<category><![CDATA[short selling]]></category>
		<category><![CDATA[speculators]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=532</guid>
		<description><![CDATA[One of the certainties associated within any market over time is that an adverse outcome will inevitably happen that will negatively affect investors as well as the public in varying degrees.  Upon this transpiring, the allegations and finger-pointing begin because someone must be held responsible for inflicting such pain and they must be restrained [...]]]></description>
			<content:encoded><![CDATA[<p>One of the certainties associated within any market over time is that an adverse outcome will inevitably happen that will negatively affect investors as well as the public in varying degrees.  Upon this transpiring, the allegations and finger-pointing begin because someone must be held responsible for inflicting such pain and they must be restrained by more simple-minded legislation by our Government.  The truth is that someone will be blamed so our political establishment will appear to be doing something, and something is better than nothing regardless of how inane it is on their part.  The latest hullabaloo is blaming oil speculators for last year’s run up in oil prices, and it only took them a full year to reach this mindless conclusion.  I realize it is popular to point to these traders because it appears that they are a bunch of rich people stealing from common folks so they can <span id="more-532"></span>stuff more money in their pockets.  However, once again these are lies being perpetrated against what has obviously become an easy target.  This accusation makes absolutely no sense when you think about it in the context of a market.  Various speculators were taking positions in the market on both sides of the oil trades which means that some speculators were positioning for oil prices to increase while others were positioning for oil prices to decline.  One of these positions was successful and the other was not, which specific one should be punished?  Just the simple fact that both of these trades are happening in the market at any one time is proof enough that speculators could not have caused the run up in oil prices.  Also, if it were true, then what happened to the speculators when the market collapsed from July to the end of the year, did the speculators cause that too?  The answer is clearly no because speculators are simply market participants just like everyone else investing their money; they are simply positioning an investment in anticipation of some market event.  In fact, they are supplying liquidity that allows for a more robust market and their capital should be a welcomed occurrence in a healthy market. </p>
<p>The Government will continue to propagate this type of crude scrutiny, but do not be lulled into their simplistic and disingenuous judgments.  These are the same people that blamed Short Sellers back in the fall for the drop in the stock market; even going as far as banning short selling for a period only to find it made no difference in the end because once again they also are just market participants positioning an investment while other participants are positioning against them.  Pointing a finger and clamping down on one participant in the market and not another simply has the effect of reducing liquidity to the whole market, and having robust investing on both sides of all trading is what makes the market discover its true value.  The law of supply and demand will be the true determinant in the pricing of assets, and it is important to remember that in the short run it is simply the “perception” of that supply and demand that is likely the cause of any temporary price aberrations.</p>
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		<title>Our foolish faith in Government</title>
		<link>http://doseofclarity.com/general/our-foolish-faith-in-government/</link>
		<comments>http://doseofclarity.com/general/our-foolish-faith-in-government/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 23:19:43 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[big government]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[government intervention]]></category>
		<category><![CDATA[limited government]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=507</guid>
		<description><![CDATA[We are living in a very unusual time in our nation, a time where it appears that our people have become a bit too comfortable with the overt intervention of our national Government in the free market. This marketplace should be free to succeed and free to fail thus assuring success through a healthy dose [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://doseofclarity.com/wp-content/uploads/2009/07/toon0625091.gif"><img src="http://doseofclarity.com/wp-content/uploads/2009/07/toon0625091-300x202.gif" alt="Obama Cartoon" title="Obama Cartoon" width="390" height="262" class="alignleft size-medium wp-image-513" /></a>We are living in a very unusual time in our nation, a time where it appears that our people have become a bit too comfortable with the overt intervention of our national Government in the free market. This marketplace should be free to succeed and free to fail thus assuring success through a healthy dose of creative destruction. The reliance on this intrusion is likely to have its roots with the public thinking that capitalism has failed and nothing could be further from the truth. What has failed is our appetite to tolerate the pain associated with a correction that is necessary, however painful it may be. The public appears to have the belief that Government involvement will somehow alleviate the downside agony of this process. How this could be possible is a mystery to me because the Government never <span id="more-507"></span>alleviates anything, it is the ultimate subtraction by addition. We can search our history high and low and not find any record of success with this institution because they really have no incentive to truly fix anything, they only take the actions that are beneficial to their own interests. This leads to an endless stream of promises they do not keep and half measures to appear they are accomplishing something, or even worse, they go off the deep end pushing agendas that makes no sense to anybody but themselves. Logic and common sense seem to have no place in our nation’s Capitol because these concepts are not self-serving enough for our politicians.</p>
<p>Many prominent figures in our history had an obvious distrust for Government, in fact, our Founders wrote the Constitution with the thought in mind to bind the hands of Government. Any person that understands the true nature of Government will realize it is an extremely blunt instrument, so any public solutions should be taken with extreme caution to minimize the destruction that will certainly be unleashed. This is a concept understood and illustrated with these few selected quotes by the men that held the highest office within our Government.</p>
<p>Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.<br />
<em>-George Washington</em></p>
<p>Experience hath shewn, that even under the best forms of Government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.<br />
<em>-Thomas Jefferson</em></p>
<p>I predict future happiness for Americans if they can prevent the Government from wasting the labors of the people under the pretense of taking care of them.<br />
<em>-Thomas Jefferson</em></p>
<p>Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions.<br />
<em>-James Madison</em></p>
<p>The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.<br />
<em>-James Madison</em></p>
<p>I have accepted a seat in the House of Representatives, and thereby have consented to my own ruin, to your ruin, and to the ruin of our children. I give you this warning that you may prepare your mind for your fate.<br />
<em>-John Adams</em></p>
<p>A Government big enough to give you everything you want is a Government big enough to take from you everything you have.<br />
<em>-Gerald R. Ford</em></p>
<p>The most terrifying words in the English language are: I&#8217;m from the Government and I&#8217;m here to help.<br />
<em>-Ronald Reagan</em></p>
<p>How many of these quotes sound relevant to the Government we are witnessing today? With beliefs such as these from former Presidents, we should give some serious thought about why we believe Government can be relied upon to offer solutions to us as citizens; they have a terrible history of solving issues and a long history of creating them. If these men held such an obvious distrust in the Government’s nature and its abilities speaking from their executive positions, then why should we place our faith in this institution? All we have to do is seek the council of our own history to clearly see that this is indeed a foolish path to travel. America became a great nation because its Government minimized its own intrusion thereby allowing its individual citizens to prosper. Unfortunately, that is not the case anymore with our invasive Government that is emboldened by public apathy which will undoubtedly have the opposite effect. As this continues to unfold, it will ensure that the race to the bottom is proceeding as warranted.</p>
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		<title>The organized and socialized better realize</title>
		<link>http://doseofclarity.com/general/the-organized-and-socialized-better-realize/</link>
		<comments>http://doseofclarity.com/general/the-organized-and-socialized-better-realize/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 23:44:42 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[entitlement]]></category>
		<category><![CDATA[foreign competition]]></category>
		<category><![CDATA[individual responsibility]]></category>
		<category><![CDATA[labor socialism]]></category>
		<category><![CDATA[unions]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=501</guid>
		<description><![CDATA[I should not take a genius to realize why Unions have been losing their grip over the last several decades, it just happens to line up nicely with the increase of foreign presence in our markets.  This phenomenon has not been a friendly trend for Unions because it has brought inexpensive alternatives courtesy of [...]]]></description>
			<content:encoded><![CDATA[<p>I should not take a genius to realize why Unions have been losing their grip over the last several decades, it just happens to line up nicely with the increase of foreign presence in our markets.  This phenomenon has not been a friendly trend for Unions because it has brought inexpensive alternatives courtesy of lower-cost manufacturing.  Prior to this happening, our mostly unionized manufacturing base with its embedded high-cost structure was able to pass along their inefficiencies to an unsuspecting market here in America.  Now the choices have been greatly expanded thus providing options to consumers resulting in competition that has been exposing the cost structure and quality control issues of U.S. manufacturers.  The world has definitely changed in this regard, the paradigm has been shifted and any manufacturer that will not compete with the smallest of competitors from <span id="more-501"></span>anywhere globally will either perish or be a zombie subsidized by an inept Government with taxpayer money – talk about socializing loses.  The later just happens to be the course chosen by our fine Government, but this practice will fail miserably in due time.</p>
<p>Unions in a nutshell are simply nothing more than labor socialism, and being such makes it very difficult for them to be competitive.  In a Union, as in any large group, there are going to be highly productive individuals as well as the average and below average people with protected jobs and pay based on seniority.  Not using performance based criteria results in the best performers having to cover for the performance of the laggards which results in the collective being average at best. The optimal method would be to reward the highly productive, purge the laggards, and motivate the average workers to become better, only this will ensure an improved workforce and higher productivity.  Union members also must pay dues for the privilege of being a part of this created and protected “average” collective.  It exists by building worker dependency that will ensure those dues will continue to roll in for management so they can keep cashing their nice paychecks.  The strategy employed is to keep the workers subjugated so they can be used as pawns for the ultimate goal of securing money and power for the privileged few.  This sounds precisely like another institution we are all familiar with as citizens known as our Government.  Hmm!</p>
<p>It is easy to see why the Union model is failing in this country and it will continue to do so unless it can begin to seriously focus itself to compete with the intention of winning in the marketplace and not just surviving for maximum entitlement.  In the absence of this kind of motivation, the more ambitious, focused, and disciplined competitors around the world will be happy to bury them.  Competing in the marketplace is crucial because it determines success and failure, and it will be very hard for them to accomplish considering the entitled environment created by the Union mindset.  This labor socialism is obviously going to be at a major disadvantage because it does not motivate its workers to excel and there is little individual responsibility expected.  The marketplace will continue to require more efficiency from the producers that are willing and able to deliver it, and the rest will slowly erode away.  Extorting a mediocre manufacturer for better pay and benefits while ignoring global competition is destined to fail, instead maybe they should focus on why they are “mediocre” to begin with and be more proactive with that issue than with demanding any more concessions.</p>
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		<title>Profits are not just about greediness</title>
		<link>http://doseofclarity.com/general/profits-are-not-just-about-greediness/</link>
		<comments>http://doseofclarity.com/general/profits-are-not-just-about-greediness/#comments</comments>
		<pubDate>Tue, 23 Jun 2009 18:59:38 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[greed]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[president]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=473</guid>
		<description><![CDATA[The economic downturn has become a distressing reality for most people around the globe regardless of their socioeconomic status or nation of citizenship.  It has been an equal opportunity decline for everyone across the board in one form or another as trillions of dollars have been wiped from the earth as prosperity has faded [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/hikingartist/3000884022/"><img src="http://doseofclarity.com/wp-content/uploads/2009/06/profit-300x196.jpg" alt="Profit" title="Profit" width="300" height="196" class="alignright size-medium wp-image-472" /></a>The economic downturn has become a distressing reality for most people around the globe regardless of their socioeconomic status or nation of citizenship.  It has been an equal opportunity decline for everyone across the board in one form or another as trillions of dollars have been wiped from the earth as prosperity has faded and appears to be a remnant of the past.  As we began to navigate through this unfortunate time we were admonished by our President with his message that stated that there will be a time for profits, but now is not that time.  I am not sure what made him share this opinion, but I have an idea.  Would he rather see companies not running their businesses effectively thereby intentionally wasting <span id="more-473"></span>money by not managing their resources?  I doubt this is the reason or intention of his message, for it is more likely that the truth is found with his likely association of profit with greed, and it is greed that he felt should be sidelined.  It is unfortunate that this belief is so ubiquitous in our society because profits are the reason why a business operates in the first place thus allowing it to exist for the benefit of both investors and employees.  Profits are a defining metric that determines the viability of a business, if money can not be invested to employ labor that will profitably produce a product then that business ceases to exist and the jobs vanish unless the Government chooses to interfere.  A very important thought that should be considered before denigrating profits is that investors can not be forced to invest their money; they can only be enticed, and guess what does that? </p>
<p>Business is not an altruistic entity that exists solely for the employment of people with total disregard for the risk investors assume.  It does not even make it to the planning stages without someone willing to risk their money on the endeavor.  In essence, there is an implicit contract established that labor will offer their services and investors will offer their capital and if profits are attained then both parties may continue such pursuit.  There are a lot of things that have to be done right in operating a business before it can earn a profit and it is here that the true value is represented. It requires a product to be produced that the public will buy in sufficient quantity to maximize the revenues into the company, and all aspects of that product must be planned and managed.  It also requires that the entire operation of the company must be applied efficiently to contain the cost for the revenue that is generated.  In short, profit is a number that captures the effectiveness of employing people and resources to produce a product by focusing all aspects of operations into a measurable goal that either justifies its existence or not.  Making statements proclaiming that now is not the time for profits is dead wrong because it is always the right time for profits since that is what keeps business sharp and focused hence making it as efficient and competitive as possible.</p>
<p>It is the profit motive that differentiates private industry from the Government, and it is the reason why private industry is so much more productive and efficient. The Government does not care about such things as revenues or costs, making a payroll, or any other component of profitability.  They simply do whatever they desire and the cost is just something that is the taxpayer’s problem.  They have no appreciation for optimizing all the various functions that must happen to produce a profit.  It is easy for our Government to tell business to ignore profits because that is the simple world in which they reside.  Selling their distorted judgment to the public is all too easy by simply tagging it with the image of greediness.  However, as one can see it entails much more than that, it is both necessary and important in the business community to ensure the competitiveness of their companies around the world.  We should have a greater understanding for the essential role that the profit motive serves in our society, for it certainly is not about fat-cats getting rich at the expense of the little guy as the Government would have you believe.</p>
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		<title>Could investing for retirement backfire?</title>
		<link>http://doseofclarity.com/general/could-investing-for-retirement-backfire/</link>
		<comments>http://doseofclarity.com/general/could-investing-for-retirement-backfire/#comments</comments>
		<pubDate>Sun, 31 May 2009 18:56:23 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[401k]]></category>
		<category><![CDATA[contribution]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[ira]]></category>
		<category><![CDATA[retirement account]]></category>
		<category><![CDATA[social security]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=435</guid>
		<description><![CDATA[I have been thinking recently about social security and what actions the Government might take to solve the impending crisis.  Some very strong measures must be taken simply because the United States can not afford to administer this program by increasing the national debt to any greater extent than what is already projected.  [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://doseofclarity.com/wp-content/uploads/2009/05/brand1.gif"><img src="http://doseofclarity.com/wp-content/uploads/2009/05/brand1-150x150.gif" alt="Social Security logo" title="Social Security logo" width="150" height="150" class="alignleft size-thumbnail wp-image-434" /></a>I have been thinking recently about social security and what actions the Government might take to solve the impending crisis.  Some very strong measures must be taken simply because the United States can not afford to administer this program by increasing the national debt to any greater extent than what is already projected.  The solution obviously comes down to either increasing the individual withholding which will prove more difficult as taxes increase to support the nonstop governmental spending every year, or the benefits provided can be reduced which will prove very unpopular.  Any reduction of benefits will likely be in the form of elevating the eligible retirement age and/or by lowering the level of benefits paid out.  Once the Government really becomes convinced they must act, then one of these actions or a combination of them must be executed if the program is to be viable in the future.</p>
<p>A question worth pondering arises by considering the amount of pain that will be created to work this program back into solvency, what is the Government willing to do to accomplish it?  What if they increase the withholding <span id="more-435"></span>and the eligibility age and drive the benefits down only to find they still have an unsustainable solution remaining?  A solution that has such miniscule benefits for the masses of baby boomers that will be drawing upon it that it will be politically suicidal.  There will be a delicate balance between how much higher the withholding can increase versus how much the benefit to recipients can be driven down, and there will be definite limits to both choices which may not be enough to fully solve the issue going forward.</p>
<p>With any potential shortfall looming alongside what is surely to be a healthy dose of governmental incompetence and inefficiency, it leads me to an obvious target that may be plundered in order to augment the public system.  That target being individual IRAs, 401ks, SEPs, or any other contribution-based accounts that individuals use to invest for their retirements.  Since these accounts only exist because the Government provided for them in the tax code, would they possibly consider them to be an alternative to social security thus sweep them over into the public system and away from the individuals?  Would they dare appropriate personal accounts to bolster a failed public system, perhaps by adding some type of credit in excess of the normal calculated social security benefit for these individuals even if it will be insufficient compensation for a lifetime of personal contributions?  Another method that would accomplish the same thing is excluding people with personal retirement accounts from receiving social security benefits until their personal accounts have been exhausted using a prescribed withdrawal schedule, only then would they be eligible for social security benefits for their remaining years.  The Government would essentially exclude, thus penalize, all the lifetime savers so benefits can be paid to the ones that did not provide for their futures.  Does this sound familiar in our world today?  You may be thinking to yourself “they would not do that,” or “they can’t do that.”  My reply to both is a simple one word question.  Really?  I have seen many things recently they “could not do” and they did them regardless without hesitation or much resistance.  Making an assumption that they have any integrity when it comes to their agenda at hand seems laughable based on recent events and their demonstrated arrogance.  Whatever your mindset is concerning our Government’s integrity, it is a thought worth considering.  </p>
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		<title>Contemporary America is…</title>
		<link>http://doseofclarity.com/general/contemporary-america-is%e2%80%a6/</link>
		<comments>http://doseofclarity.com/general/contemporary-america-is%e2%80%a6/#comments</comments>
		<pubDate>Thu, 21 May 2009 19:28:43 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[america]]></category>
		<category><![CDATA[constitution]]></category>
		<category><![CDATA[entitlement]]></category>
		<category><![CDATA[political corruption]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=423</guid>
		<description><![CDATA[A Federal Constitutional Republic that is maintained by occasionally reflecting on the Constitution while subjectively disregarding it as needed to facilitate the specific agendas of elected officials serving their own best interest.  
A place where you are permitted to be successful provided you share an ever-increasing amount of that success with the masses of [...]]]></description>
			<content:encoded><![CDATA[<p>A Federal Constitutional Republic that is maintained by occasionally reflecting on the Constitution while subjectively disregarding it as needed to facilitate the specific agendas of elected officials serving their own best interest.  </p>
<p>A place where you are permitted to be successful provided you share an ever-increasing amount of that success with the masses of people that failed to achieve or have chosen to not even try.</p>
<p>A nation of citizens clutching to nothing more than “hope” that they will not be crushed by the massive debt amassed by the few to acquire and maintain political power at the expense of many.</p>
<p>A country perceived with such wealth that its citizens commonly choose to remain uninformed and uninvolved yet they still expect the entitlement of that wealth.</p>
<p>An unconcerned populace expecting a prosperous future while blatantly disregarding all perils since they have never proved ruinous before.  Assurance is bestowed by the impression that government cares about its citizens more than itself.</p>
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		<title>Tax increases to be paid by others</title>
		<link>http://doseofclarity.com/general/tax-increases-to-be-paid-by-others/</link>
		<comments>http://doseofclarity.com/general/tax-increases-to-be-paid-by-others/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 20:49:37 +0000</pubDate>
		<dc:creator>author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[redistribution]]></category>
		<category><![CDATA[tax increase]]></category>

		<guid isPermaLink="false">http://doseofclarity.com/?p=351</guid>
		<description><![CDATA[It is a strange nation that we live in where there is no shortage of opinions stating that taxes should be increased instead of reducing spending, yet those that opine to such never take it upon themselves to set an example by including a “donation” in addition to their computed taxes owed on their 1040s. [...]]]></description>
			<content:encoded><![CDATA[<p>It is a strange nation that we live in where there is no shortage of opinions stating that taxes should be increased instead of reducing spending, yet those that opine to such never take it upon themselves to set an example by including a “donation” in addition to their computed taxes owed on their 1040s.  If they truly believe that we are not taxed enough and that the Government is not getting its fair share then why are they not voluntarily paying more?  I am sure there would be no opposition to anyone willing to contribute and the IRS would gladly accept any such donations with no questions asked.  The reason that we do not see these donations happening is because people that strongly favor tax increases actually believe that someone else should suffer the burden besides them, otherwise they would happily pay more to support what they are advocating.  Imagine it being <span id="more-351"></span>acceptable to expect others to pay for the increased cost of our Government while insisting on a free pass for themselves.  What gall it must take to advocate higher taxes on people that are paying more than most already even though they are less likely to receive the benefits thereof.  It is always easier to spend someone else’s money rather than call for spending discipline from our Government.  It achieves the redistribution of wealth and reinforces the idiotic notion that any of us has a right to another person’s living.</p>
<p>Anybody that proposes increased taxes to be paid by others, while excluding themselves or some other segment, is simply doing nothing more than freeloading in our society.  Apparently, their upbringing never offered the lesson that they should pay their own way in life and not pass it on to someone else.  A better message would be to encourage individual responsibility that does not expect the Government to provide a living for one by the fleecing of another.  This simple change of philosophy will have the astonishing outcome of reducing governmental expenditures by converting dependent payees into productive payers into the system, which then reduces the need for more taxes.  Limiting the size of our Government is the only viable solution that will be sustainable, because no amount of other people’s income will ever be sufficient to pay for the ever expanding crowd that just prefers to be a sponge. </p>
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