Tuesday, February 24, 2015

The Wage Gap the Constitution and the Oscars

Actress Patricia Arquette made some interesting comments during and after the Oscars earlier this week. She blasted the Constitution for ignoring women and she expressed her disgust toward the entire country for a perceived wage gap between men and women.

How about we apply a little Pritical Thinking to the Arquette Rant?

The Perceived Wage Gap Between Men and Women

If women really did make 72% of what men make for the same work, wouldn’t all employers hire women first? After all, it would be much more economical? Basic economics would therefore dictate that the act of hiring only lower paid women would drive the pay rate down for men as well and, therefore, we would arrive at an equilibrium. So there must be more to it than Arquette's politically correct comments implied.

As Peter Schiff recently said on his podcast, “Women do not do the same work for less money. They do different work for less money.”  When women and men with similar experience and educational background do the same job, the wage gap all but disappears. It's called the free market! Could the rate of pay have something to do with lifestyle choices that women make to balance family with their career?

How do you explain women hiring managers, female owners of businesses, and female movie producers? Are they part of the conspiracy to pay women less? 

According to Genevieve Wood from the Daily Signal, "Twenty-something women without children, living in metropolitan areas, earn 8 percent more on average than their male counterparts, according to 2008 Census data. This is not surprising, since they’re better educated than their male counterparts.”

Did You Know - Liberal icon and likely Democratic nominee for President Hillary Clinton’s female Senate staffers were paid on average 27% less than her male staffers!

Did You Know – Different college majors lead to different careers and these varying careers have different pay scales? Of course you did! So when you see more women than men majoring in elementary education and more men than women majoring in engineering, you might be able to explain why, generally speaking, women earn less than men. It isn't because American society discriminates against them, it's because they are paid the going market rate for the job they are performing. 

In fairness to Arquette, she makes her living in Hollywood where male actors do make more, on average, than their female counterparts. Two words explain that: action films! They make more money than chick-flicks! That's life! Old guys can make action films well into their sixties and still draw decently at the box office (see The Expendables).

I do have a solution to the Hollywood problem: the overpaid male actors should give some of their pay to their female counterparts. They should pay their fair share! This is the same advice I would give to rich guys who advocate for higher taxes (i.e. Warren Buffett and Bill Gates). What is stopping them from voluntarily sending more of their income to the U.S. Treasury?

The Constitution

According to Arquette, the Constitution left women out and that explains why there is wage inequality 240 years later. Unfortunately for Arquette, the Constitution is gender-neutral.

Did you know - According to David Azerrad at the Daily Signal, “Women were voting in New Jersey at the time of the Founding! For the first time in recorded history, women voted alongside men in elections”?

Did You Know - the Constitution left voter eligibility up to the states!  

Did You Know - The 19th Amendment, GUARANTEED women the right to vote; it did not GIVE them that right?  “By the time it [the 19th Amendment] was ratified in 1920, more than three-fourths of the states already allowed women to vote in some or all elections.” 

Saturday, February 21, 2015

Does Barack Obama Love This Country?



Earlier this week, former New York City Mayor Rudy Giuliani questioned whether Barack Obama loves America. Since actions speak louder than words, let's examine Obama's actions. After reading the list, make up your own mind whether the President loves the country.

If Barack Obama loves this country would he:
  • Call for its fundamental transformation? 
  • Have toured the world apologizing for the ills of America? 
  • Leave the borders open and encourage illegal immigration? 
  • Run up the national debt 80% saddling future generations of Americans with astronomical financial hardship and/or the permanent devaluation of the U.S. dollar? 
  • Constantly divide the country by race, gender, sexual orientation, and income and pit us against one another? 
  • Have repeatedly ignore the Constitution? 
  • Maintain economic policies that keep the real unemployment rate at 12% and the labor force participation rate at record low levels? 
  • Have repeatedly lied to the American people in order to pass his signature piece of legislation? 
  • Have allowed the IRS to harass groups who opposed his policies? 
  • Have permitted his spokesmen to lie repeatedly to the American people about Benghazi? 
  • Have repeatedly ignored the nation’s most pressing issues – Islamic terrorism, the stagnant economy, the rise of Russia and China, our debt, energy independence, unemployment, dropping median income, inflation - in favor of beer summits, jobs summits, terrorism summits, and golf? 
  • Refuse to call our enemy what they are, radical Islamic terrorists?
 

Friday, February 20, 2015

Islam: Woven into the Fabric of America Since Its Founding

Obama said, "Islam has been woven into the fabric of our country since its founding." To prove his point he went on to say, "the first Islamic center in New York City was founded in the 1890s. America's first mosque, this was an interesting fact, was in North Dakota." 

Disclaimer: if this guy had not been presented to us by his supporters and the lamestream media as the smartest, most well-spoken politician in a generation, I would ignore these types of comments but since he is the antithesis of both, I can't help myself.

Do you remember when Michelle Obama said, "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation?" Well that is exactly what the President is doing!

But consider the idiocy of his comment:

The first Islamic center was founded in 1890.

THAT'S OVER 100 YEARS AFTER THE FOUNDING OF THE COUNTRY! 

 On top of that, the President failed to note that the first mosque in North Dakota was established in 1929!

Certainly does not sound very "woven into the fabric of the country" to me! 

It might also be worth noting that America's first real involvement with Muslims was fighting the Barbary Pirates from Africa who looted American ships and captured American sailors, holding them for ransom or selling them as slaves. That's where the phrase, "from the Halls of Montezuma, to the Shores of Tripoli" come from in the Marines' Hymn!

http://cnsnews.com/news/article/susan-jones/obama-islam-has-been-woven-fabric-our-country-its-founding

http://www.theblaze.com/stories/2015/02/20/historian-david-barton-takes-apart-obamas-claim-that-islam-has-been-woven-into-the-fabric-of-our-country-since-its-founding/

Sunday, February 15, 2015

America is an Idea!

America is an idea! Ireland and Great Britain are great countries but they are not an idea. America is an idea! An idea worth preserving! An idea worth defending! An idea worth spreading!

Think about that the next time Obama and other progressives and leftists apologize for America's transgressions. Think about that as you watch America self-destruct through steroid-like debt levels! Think about that as you watch the increased encroachment of the federal government on your life.

Friday, February 13, 2015

The Raping of America's Savers by the Federal Reserve

The Federal Reserve has “managed to turn the nation’s vital money and capital markets into dangerous, unstable casinos, and the nation's savers into indentured servants of a bloated and wasteful banking system.”

The Federal Reserve has allowed the responsible savers in our country to be raped in favor of the banks. Instead of paying 3%, 4%, or 5% in interest to the savers, they pay 0.1%. They get to keep the interest which, in a normal, non-Fed-interfering, economic environment, they would pay out. They use those funds to pay dividends and/or buyback stock among other things. Meanwhile savers watch their dollars decline in value as the Fed continues to print more and more dollars.

Read David Stockman's article, Audit the Fed -- And Shackle It Too > >