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Let’s Talk About Kamala

With Kamala Harris as the Democrat’s Vice-Presidential candidate, it’s important to know that she has committed some rather egregious trespasses as a prosecutor. Just as disturbing is her fluctuating policy positions, calling into serious question her attempt to presently appear as a criminal justice reformer. Instead, Harris should be known for 1) her criminality and very poor judgement as a prosecutor 2) her hypocrisy, and 3) her opportunism. 

One of the biggest areas of concern is her prosecutorial misconduct. In many instances, she basically acted as a rogue prosecutor who should have possibly been charged criminally for her own actions in some of the following incidents:

*During a case in 2015 in which a prosecutor concocted a confession from the defendant, thereby leading to the case being dismissed, Harris’s Attorney General’s office appealed the dismissal. 

*During a case in 2015 in which a prosecutor in his case fabricated information to a jury relating to compensation to an informant, Harris’s Attorney General’s office fought the defendant’s appeal.

*During a case in which the entire Orange County DAs office was removed from the trial for failure to turn over evidence, Harris sought to block the removal.

*During a case in which a man was wrongfully imprisoned for 13 years, Harris’s office attempted to keep him locked up.

*After a crime lab technician purposefully tainted evidence in a vast amount of cases, Harris hid his actions while acting as a San Francisco DA.

Furthermore, Kamala Harris has worked on rebranding herself from previously being tough on crime to more sympathetic to justice warriors. For instance:

* Until 2014, Harris was against the legalization of marijuana while acting as the Attorney General of California.

* Harris declined to support criminal justice sentencing reforms that were on the ballot in California in 2012 and 2014.

* Harris’s office opposed an order to lessen the amount of prisoners in California, while supporting the use of prisoners as laborers due to the low cost.

* During her time serving as the Attorney General in California, Harris supported the dubious practice of civil asset forfeiture under the guise of going after drug operations.

Additionally, Harris was eager to be in the spotlight while moving up the political chain in California; two ridiculous incidents in particular come to mind.

*While running for US Senate, Harris’s office arrested the owners of Backpage, a site for classified sex workers, after publicly declaring that they “were protected from prosecution under federal speech law.” The case was promptly thrown out by a judge.

*While running for US Senate, Harris’s office went after for-profit colleges in California as part of an Obama initiative, while subsequently refusing to release any buyer of potential future liability– meaning anyone purchasing would be under constant threat of a lawsuit. Subsequently, no buyer would accept the terms.  The Corinthian college system therefore shuttered 23 schools, putting people out of work and education. 

Kamala Harris has repeatedly shown to have no moral compass. Her actions as a prosecutor should be alarming, as well as her hypocritical flip-flopping of positions. She has shown to be a mercurial political opportunist and has no business being a Vice-Presidential candidate. 

The “Biden Stock Boom” is Wishful Thinking

I was shocked to read “Get Ready for the Biden Stock Boom” in the pages of the Wall Street Journal, written by a former editor of Barron’s, no less. Ed Finn really, really wants you to support Joe Biden and his article is full of so much wishful thinking that it reads like a Disney Fairy Tale — except in reality, there will be no happy ending.

To be fair, Ed Finn does acknowledge that the stock market will certainly experience some turbulence if Joe Biden is elected — but that’s because smart investors know that socialist policies are coming in the form of higher taxes, strangling regulation, and ridiculous legislation such as the “Green New Deal.” You think Obama was bad for the economy? Wait until Biden gets in there.

Yet after laying out the coming economic reality, Ed Finn still wants you to believe in Joe Biden, and the rest of his analysis is basically dependent on the word IF. You can’t make this up:

“IF a President Biden can control the federal budget deficit, IF he can forge better relationships with America’s trading partners, IF he can reverse some of President Trump’s anti-immigration policies, IF he can bring a less combative atmosphere to Washington and the nation, there is no reason to think that during his term average annual stock returns, including dividends, can’t be in the 10% range, as they have for the past 95 years.”  

It should be noted that even with all the “if’s” coming true, they have no positive economic consequence. They would be nice, but not economically powerful.

How does he spell out how Joe Biden’s going to improve the economy: “Given Mr. Biden’s ambitious plans to use increased tax revenue to fund more spending on green energy, health care and infrastructure, it’s conceivable he could spur the U.S. economy enough to push annual stock returns to 15%.”  Ed Finn must think that the readers of the Wall Street Journal are stupid. To think that anything relating to “green energy” isn’t detrimental to the economy is economically illiterate. We already have efficient fossil fuels, but the Democrats would happily pay three times as much for less energy to be environmentally woke — and that’s supposed to improve the economy? That’s either ignorant or socialist or both. And see how Finn continues to use wishful language: “it’s conceivable he could spur the U.S. economy enough to push annual stock returns to 15%.” That’s because neither Finn’s analysis nor Biden’s policies are actually grounded in any sort of economic reality, only fantasy. 

On the other hand, what we do know is that there are multiple policy proposals that WILL have negative economic consequences, none of which will come close to offsetting any of the rosy positives that Finn is pinning his hopes on. The main threats Biden poses to the stock market are increased regulation and higher taxes. Increased regulation will inevitably result in slowed economic growth, and with that decreased profits and a less robust stock market. But that’s not even the worst of it. Two specific initiatives will affect the stock market both in the short- and long-term: 1) Raising taxes on corporate profits from 21% 28% and 2) Nearly doubling the capital-gains tax from 20% to 39.6% on income over $1 million/year — and don’t forget the investment-tax surcharge of 3.8%! Of course, Biden plans to raise taxes on nearly every taxpayer regardless.

Ed Finn ought to be ashamed for penning such an unrealistic economic outlook with Joe Biden at the helm. Increased taxation, crushing regulation, and impudent legislation never improves the economy or the lives of the American people.

10 Reasons Why Governor Bob McDonnell is the VP Pick

UPDATE 8/11: It’s Official — Romney/Ryan. At least I came close with the Virginia angle yesterday long before the VP site and time announcement was made. I’ll take that. And I’ll take a Romney/Ryan ticket.

Governor Bob McDonnell of Virginia is Romney’s VP pick. You heard it here first! Here’s my Top 10 List why:

  • The contest to meet Mitt and his VP ends at 23:59 on August 10.
  • Romney will be in Virginia with McDonnell on Saturday, August 11
  • Romney needs Virginia to win, and Virginia also has a crucial Senate seat (George Allen) to win
  • Virginia is the third-best state to do business: a robust, low-tax state — a must-have for Romney and the economy
  • As a Governor, McDonnell is more expendable than someone in the Senate or House
  • McDonnell has the leadership skills as Chairman of the Republican Governors Association
  • McDonnell was not given a speaking spot at the Convention
  • Dick Morris also suggests Bob McDonnell
  • Ari Fleischer’s VP poll yesterday did not include Bob McDonnell — a way to throw off the media
  • There are edits being made today to Bob McDonnell’s Wikipedia Page

There you go!
UPDATE: It’s confirmed Mitt will announce at 9am in Norfolk, VA. No planes needed for transporting the elusive VP pick. Kicks off a multi-state tour, with several stops in Virginia. And, check out www.mittromney.com. See who is on the front page — it’s not Paul Ryan.
UPDATE #2: Nothing from Bob McDonnell’s Twitterfeed for 9 hours now.
UPDATE #3: Rubio, Portman, Pawlenty all ruled out. Nothing about Bob McDonnell still and it’s after 1am
UPDATE #4: Bad storms in Virginia. Not good airplane weather