The Neocons Are Revolting Against Romney

I was trying to consolidate my thoughts into something that would elaborate on how much Romney IS NOT the best choice to face Obama in November.  The best I have come up with is “I told you so.”  Some of you have already taken the fabled Red Pill* and are awake to the thin line that separates the Dumbocrats from the Spend-Crazy-Republicans.  But I ask you to think on this –

  • If you are a wavering Obama supporter, is Romney offering you anything that would make you see him as the better choice? I cringe every time I hear Mitt for Brains say he wants to “repeal and replace” Obamacare.  Replace it with what? Certainly not the Free Market.
  •  Has the Romney campaign been clear on anything they want to do? Other than pump more money (and lives) into the war machine?

Check out the following links –

Mitt Romney is getting the full John Kerry treatment on national security — and some top Republicans are alarmed by what they see as his ham-handed response to it.

Mitt Romney’s public positions on the war in Afghanistan have usually boiled down to this: He won’t do what President Barack Obama has done. But in a speech Tuesday, he seemed to endorse the broad outlines of Obama’s policy.

Leading conservatives are offering blunt advice to Mitt Romney: Quit ducking details, start engaging in a real and specific war of ideas with President Barack Obama — or lose.

While Senate Republicans are shouting to reduce spending, they are salivating over a $Trillion Farm Bill

*referring to the scene from the Matrix

The Montpelier Manifesto

Once again on the topic of Secession.  I just learned of a group called “Second Vermont Republic” who is promoting a non-violent separation movement.  That have recently published an essay they call The Montpelier Manifesto which they will be presenting at the Third Statewide Convention on Vermont Self-Determination on September 14, 2012 to be held in the Vermont State House in Montpelier.

I concur with a majority of their message, but there are things I would remove or alter.  Anyways, it is an interesting read and worth taking a look at their site and mission.

Better Off Without ‘Em

It’s no secret that I am a proponent of secession. Specifically that I believe that States have a right to dissolve their partnership with the federal leviathan. More importantly, I would love to see my state of Texas separate from the Union all on its own.

So, I find it interesting that a Northern Liberal has written a book. According to Mr. Thompson, a veteran travel writer who toured the American South, a degree of mutual enmity between Northerners and Southerners continues to be a source of cultural tension and political gridlock. We remain divided even a 150 years after the War of Northern Aggression. In his new book, Better Off Without ‘Em: A Northern Manifesto For Southern Secession Thompson argues that it may be time for a divorce – to shake hands and go our separate ways.

I haven’t read the book, nor do I plan to, but I have read excerpts, reviews, and author interviews.  From what I summarize, this book basically portrays us Southerners as fat, uneducated, racist, snake handling Christians whom the North would be better off without.  Somewhere amongst the satire, there is the message that we are 2 different peoples, with different ideology and we would be better off without each other.

But I do find it refreshing to see another point of view and for the topic of secession coming to the table.  Another interesting point is what Mr. Thompson would do with Texas.

Even though Texas was part of the original Confederacy, it’s always been an all-around pain in the neck to categorize. They’ve never really been much of a team player, let’s face it. In my breakdown of the South I did not include Texas as a Southern state. I completely acknowledge there’s a lot of room for argument there, and that’s probably the easiest point in my book to argue against. I could argue both sides of it myself. In the end I decided that Texas would stay with the North in large part for economic reason. Texas is really one of the economic anchors of this country.

Fat chance Mr. Thompson.

Now, if you will excuse me, I’m off to have a light meal.  You know – the lunch portion of a Chicken Fried Steak.  I’ll probably accompany that with some Garlic Cheese Grits and Watermelon and a Shiner Bock. Cooked by an obese black women, served to me by an illegal Mexican.  Yes, that just happened.

Tim Bleeker
SOLMC – Founding Father

Sturgis 2012 – Recap

This year’s rally was… different for me.

A significant difference was that we trailered the bikes this year.  For most of us, the Sturgis experience starts the moment we throw our leg over the saddle in the driveway, and ends when we arrive back home. One of my brothers has over 130k miles on his bike and lives with random and mysterious glitches, so we thought we would play it safe and borrowed a trailer from a friend.  Now, I won’t sadden you with the ugly details of the 1400 mile voyage up there, but let’s just say that the gremlins moved from his bike to my truck. I swear, at one point when we were broken down, looking in the rearview mirror, I could see an evil smirk on my Road Glide’s fairing.  Lesson learned.

Now, our typical routine is to get up there a week before the main rally and crowds so we can enjoy the fine roads the Black Hills have to offer.  This is personally my favorite part of the trip. We don’t have roads like this around home.  Then, during the main rally week, we like to get out and hit the hot spots for brotherhood, beer, and bourbon.

For me, being part of a MC is my way of showing my passion for riding and my commitment to those men I call my brothers. But being a member of SOLMC means taking one more step – and spreading the message of liberty. And the best conversation starter I have, is my patch. Bikers and civilians alike, make it a habit to approach us and discuss our patch.

I was very disappointed to see all the “no colors” signs posted all over Sturgis and Deadwood. I never took the time to see if this was some city ordinance or just an agreed upon policy for the bars. My routine was to go into an establishment and wait to be asked to remove my colors (I would just turn my vest inside out if I decided to stay.) If I was stopped before entering the door, then I most likely would not enter.  There was no point in arguing with security staff, they are just there to enforce the rules. As a libertarian, I support an establishment’s right to set a dress code or other rules as they see fit – and I have the right to not patronize those establishments.  Unfortunately, that means that I was free to socialize nowhere inside those towns.

The good news is that outside of those towns, the establishments were still open for business.  My personal favorite this year? The Stone House Saloon; Especially when Peewee Moore & The Awful Dreadful Snakes from Austin, TX were playing their sets.

One last observation I have is that attendance appeared to be down. That first week, the roads were all but empty.  Traffic congestion in Sturgis was mainly due to cars.  Vendor participation was down. Most noticeably was the absence of H-D not unveiling the 2013 lineup.  I’m left wondering if the low attendance is due to the state of the economy? The high prices of attending the rally? or a combination of both?  Perhaps it has something to do with the pussification of the American biker? and the new image of the MoCo… You meet the nicest people on a Harley….

Where have the bikers that knew how to ride, knew how to handle their liquor, respected the rights and freedoms of others gone?  Right here baby!  I’m thinking for my next Sturgis trip, I’m going to setup a vendor tent where I can proudly display my patch and bond with like minded individuals who want their freedom back.  Probably while smoking a cigar, drinking whiskey, and eating red meat…  The way the Sturgis Rally should be!

Check out a short video of the highlights

Tim Bleeker
SOLMC – Founding Father

 

Getting Ready for Sturgis 2012

The Sturgis® Motorcycle Rally is the experience of a lifetime in a place where local people can still show you a thing or two about hospitality and visiting exhibitors can show you anything and everything you’d want or need to dress you up or dress up your bike. Or heck, just buy a new one while you are here! Harley-Davidson and Victory introduce their new models each year during the Rally and you can demo virtually every kind of bike on the market – custom, V-Twin or metric. It’s like being a kid again, in a candy store. Only better! Because in addition to the bikes there are concerts and races and bike shows.

Incredible roads like Needles Highway, Iron Mountain Road, the Wildlife Loop, Vanocker Canyon Road and Spearfish Canyon take you to amazing destinations – Mount Rushmore National MemorialCuster State ParkCrazy Horse MemorialBear Butte State Park, the Badlands and Devil’s Tower National Monument. Highway 14A’s big, wide turns transport you to the infamous town of Deadwood and the mining town of Lead, and the awe inspiring Highway 385 meanders past towns like Hill City, Silver City and Custer, all contained in the Black Hills National Forest. It’s breathtaking and it’s glorious and it will make you want to come back.

Go to the official Sturgis website for more info

Declaration of Independence

Action of Second Continental Congress, July 4, 1776

The unanimous Declaration of the thirteen United States of America

WHEN in the Course of human Events, it becomes necessary for one People to dissolve the Political Bands which have connected them with another, and to assume among the Powers of the Earth, the separate and equal Station to which the Laws of Nature and of Nature’s God entitle them, a decent Respect to the Opinions of Mankind requires that they should declare the causes which impel them to the Separation.

WE hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness — That to secure these Rights, Governments are instituted among Men, deriving their just Powers from the Consent of the Governed, that whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its Foundation on such Principles, and organizing its Powers in such Form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient Causes; and accordingly all Experience hath shewn, that Mankind are more disposed to suffer, while Evils are sufferable, than to right themselves by abolishing the Forms to which they are accustomed. But when a long Train of Abuses and Usurpations, pursuing invariably the same Object, evinces a Design to reduce them under absolute Despotism, it is their Right, it is their Duty, to throw off such Government, and to provide new Guards for their future Security. Such has been the patient Sufferance of these Colonies; and such is now the Necessity which constrains them to alter their former Systems of Government. The History of the present King of Great- Britain is a History of repeated Injuries and Usurpations, all having in direct Object the Establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid World.

HE has refused his Assent to Laws, the most wholesome and necessary for the public Good.

HE has forbidden his Governors to pass Laws of immediate and pressing Importance, unless suspended in their Operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

HE has refused to pass other Laws for the Accommodation of large Districts of People, unless those People would relinquish the Right of Representation in the Legislature, a Right inestimable to them, and formidable to Tyrants only.

HE has called together Legislative Bodies at Places unusual, uncomfortable, and distant from the Depository of their public Records, for the sole Purpose of fatiguing them into Compliance with his Measures.

HE has dissolved Representative Houses repeatedly, for opposing with manly Firmness his Invasions on the Rights of the People.

HE has refused for a long Time, after such Dissolutions, to cause others to be elected; whereby the Legislative Powers, incapable of the Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the Dangers of Invasion from without, and the Convulsions within.

HE has endeavoured to prevent the Population of these States; for that Purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their Migrations hither, and raising the Conditions of new Appropriations of Lands.

HE has obstructed the Administration of Justice, by refusing his Assent to Laws for establishing Judiciary Powers.

HE has made Judges dependent on his Will alone, for the Tenure of their Offices, and the Amount and Payment of their Salaries.

HE has erected a Multitude of new Offices, and sent hither Swarms of Officers to harrass our People, and eat out their Substance.

HE has kept among us, in Times of Peace, Standing Armies, without the consent of our Legislatures.

HE has affected to render the Military independent of and superior to the Civil Power.

HE has combined with others to subject us to a Jurisdiction foreign to our Constitution, and unacknowledged by our Laws; giving his Assent to their Acts of pretended Legislation:

FOR quartering large Bodies of Armed Troops among us;

FOR protecting them, by a mock Trial, from Punishment for any Murders which they should commit on the Inhabitants of these States:

FOR cutting off our Trade with all Parts of the World:

FOR imposing Taxes on us without our Consent:

FOR depriving us, in many Cases, of the Benefits of Trial by Jury:

FOR transporting us beyond Seas to be tried for pretended Offences:

FOR abolishing the free System of English Laws in a neighbouring Province, establishing therein an arbitrary Government, and enlarging its Boundaries, so as to render it at once an Example and fit Instrument for introducing the same absolute Rules into these Colonies:

FOR taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments:

FOR suspending our own Legislatures, and declaring themselves invested with Power to legislate for us in all Cases whatsoever.

HE has abdicated Government here, by declaring us out of his Protection and waging War against us.

HE has plundered our Seas, ravaged our Coasts, burnt our Towns, and destroyed the Lives of our People.

HE is, at this Time, transporting large Armies of foreign Mercenaries to compleat the Works of Death, Desolation, and Tyranny, already begun with circumstances of Cruelty and Perfidy, scarcely paralleled in the most barbarous Ages, and totally unworthy the Head of a civilized Nation.

HE has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the Executioners of their Friends and Brethren, or to fall themselves by their Hands.

HE has excited domestic Insurrections amongst us, and has endeavoured to bring on the Inhabitants of our Frontiers, the merciless Indian Savages, whose known Rule of Warfare, is an undistinguished Destruction, of all Ages, Sexes and Conditions.

IN every stage of these Oppressions we have Petitioned for Redress in the most humble Terms: Our repeated Petitions have been answered only by repeated Injury. A Prince, whose Character is thus marked by every act which may define a Tyrant, is unfit to be the Ruler of a free People.

NOR have we been wanting in Attentions to our British Brethren. We have warned them from Time to Time of Attempts by their Legislature to extend an unwarrantable Jurisdiction over us. We have reminded them of the Circumstances of our Emigration and Settlement here. We have appealed to their native Justice and Magnanimity, and we have conjured them by the Ties of our common Kindred to disavow these Usurpations, which, would inevitably interrupt our Connections and Correspondence. They too have been deaf to the Voice of Justice and of Consanguinity. We must, therefore, acquiesce in the Necessity, which denounces our Separation, and hold them, as we hold the rest of Mankind, Enemies in War, in Peace, Friends.

WE, therefore, the Representatives of the UNITED STATES OF AMERICA, in GENERAL CONGRESS, Assembled, appealing to the Supreme Judge of the World for the Rectitude of our Intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly Publish and Declare, That these United Colonies are, and of Right ought to be, FREE AND INDEPENDENT STATES; that they are absolved from all Allegiance to the British Crown, and that all political Connection between them and the State of Great-Britain, is and ought to be totally dissolved; and that as FREE AND INDEPENDENT STATES, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which INDEPENDENT STATES may of right do. And for the support of this Declaration, with a firm Reliance on the Protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

John Hancock.

GEORGIA, Button Gwinnett, Lyman Hall, Geo. Walton.

NORTH-CAROLINA, Wm. Hooper, Joseph Hewes, John Penn.

SOUTH-CAROLINA, Edward Rutledge, Thos Heyward, junr., Thomas Lynch, junr., Arthur Middleton.

MARYLAND, Samuel Chase, Wm. Paca, Thos. Stone, Charles Carroll, of Carrollton.

VIRGINIA, George Wythe, Richard Henry Lee, Ths. Jefferson, Benja. Harrison, Thos. Nelson, jr., Francis Lightfoot Lee, Carter Braxton.

PENNSYLVANIA, Robt. Morris, Benjamin Rush, Benja. Franklin, John Morton, Geo. Clymer, Jas. Smith, Geo. Taylor, James Wilson, Geo. Ross.

DELAWARE, Caesar Rodney, Geo. Read.

NEW-YORK, Wm. Floyd, Phil. Livingston, Frank Lewis, Lewis Morris.

NEW-JERSEY, Richd. Stockton, Jno. Witherspoon, Fras. Hopkinson, John Hart, Abra. Clark.

NEW-HAMPSHIRE, Josiah Bartlett, Wm. Whipple, Matthew Thornton.

MASSACHUSETTS-BAY, Saml. Adams, John Adams, Robt. Treat Paine, Elbridge Gerry.

RHODE-ISLAND AND PROVIDENCE, C. Step. Hopkins, William Ellery.

CONNECTICUT, Roger Sherman, Saml. Huntington, Wm. Williams, Oliver Wolcott.

IN CONGRESS, JANUARY 18, 1777.

Harley-Davidson’s Earnings Zooms Past Estimates

http://www.flickr.com/photos/28145073@N08/5849701613

Motorcycle manufacturer Harley-Davidson(HOG) delivered a string of positive earnings surprises, causing the stock to become a Zacks#1 Rank (Strong Buy.)

The Wisconsin-based company, which has a cult-like following, produced an average earnings surprise of 8.61% over the trailing four quarters and has seen its stock price rise roughly 24% year-to-date. Given its estimated long-term earnings growth projection of nearly 12%, the stock is a worthwhile prospect for aggressive growth investors.

Harley-Davidson commands a lion’s share of the U.S. motorcycle market, banking on a strong brand that combines an intriguing blend of power, motif and style. Besides a strong earnings momentum, other areas of strength include consistent revenue growth, expanding margins and a healthy price performance.

The company saw a 44% surge in profits during the first quarter of 2012, reported on April 25, sending its shares up roughly 6% to close at $53.49. Earnings of 74 cents per share topped the Zacks Consensus Estimate by 3 cents.

Consolidated revenues (including financial services) cruised 17% year-over-year to $1.43 billion, riding on higher motorcycles and related products sales.

Additionally, Harley-Davidson beefed up its shipment guidance for 2012 and now expects to ship 245,000 to 250,000 motorcycles globally this year, compared with its prior guidance of 240,000 to 245,000. The optimism, in part, reflects strong U.S. demand.

The Zacks estimate for 2012 has moved up 3% over the last 60 days to $2.83 a share, representing an estimated annualized growth of roughly 21%. For 2013, the Zacks estimate rose by roughly 6% to $3.60 per share over the same period, reflecting an estimated growth of around 27%.

Harley-Davidson’s price performance has been reasonably strong with the chart below showing an upward trend with a few minor pullbacks. The earnings estimates have consistently guided the stock to rally higher, something which aggressive growth investors should find attractive.

When analyzing the stock through valuation ratios, Harley-Davidson trades at a premium to its peers by most metrics. It has a PEG ratio of 1.47, a 47% premium to the benchmark of 1 for a fairly priced stock. Moreover, the stock is currently trading at a forward P/E of 17.08x, a roughly 88% premium to the peer group average of 9.09x. The P/B ratio of 4.32x is also higher than the peer group average of 2.38x.

another article reproduced from forbes.com – see original article here

Worried About Europe? Pour Your Portfolio a Drink

Consumers curb spending when unemployment spikes and portfolios sink to unsightly levels. This uncovers a major advantage for the spirits sector: Alcohol is an affordable luxury.

“Consumers may not be able to buy a new car or a vacation home during a recession, but they can still afford a cocktail,” says Lauren Torres an HSBC analyst.

Not all spirits companies are created equal.

Even though Brown-Forman (BF.B), the parent company of major liquor brands like Jack Daniels, Finlandia, Don Eduardo and BEAM (BEAM), home of Jim Beam, El Tesoro and Skinnygirl have weathered the 2008 financial crisis, can the companies withstand Europe’s economic tailspin?

Brown-Forman has less exposure in Europe, than it did four years ago. “Back in FY2009, Europe consisted of 28% of the company’s sales and we expect current European sales to be closer to 26%,” says analyst Vivien Azer at Citi Investment Research.

As for Beam, the outlook isn’t as bright when it comes to Europe. Azer mentions how the company is most popular in southern European countries, which are less stable, while Brown-Forman is more active in the stronger economies of Germany, France and the United Kingdom.

Regardless of Europe’s financial state, both companies are making innovation a priority, ultimately to tap into younger demographics in an attempt to revive the brand. “There is a desire for newness among consumers, contributing to what we now call the bourbon renaissance,” Azer says.

That’s explained by the bourbon industry taking notice at what vodka manufactures have been implementing for years: Flavored drinks. Beam was first to release flavored bourbon in 2009 with its Red Stag brand, infused with a black cherry taste. Brown-Forman responded last year with honey flavored bourbon, Jack Daniel’s Tennessee Honey, which has taken the industry by storm.

Looking at history, both companies have outperformed the Dow Jones Industrial Average and the S&P 500 over the past decade, as seen in this chart*:

*Beam separated from its parent company, Fortune Brands, in September 2011

Yes, the drop was rather precipitous during the financial collapse, but look at how quickly both stocks rebounded. Brown-Forman and Beam’s EPS (ttm) during the time of the downturn was 2.87 and 1.30, respectively, in April 2009 – three years later, those numbers jumped to 3.56 and 5.75.

A total bourbon renaissance? The analysts say so and the numbers seem to indicate a bright future, even with the looming fall of Europe’s economy.

The above article is reproduced from Forbes.com.  See the original article here.

TomWoods.com

Thomas E. Woods, Jr., is the New York Timesbestselling author of 11 books. A senior fellow of the Ludwig von Mises Institute, Woods holds a bachelor’s degree in history from Harvard and his master’s, M.Phil., and Ph.D. from Columbia University. Click here for more >>

LewRockwell.com

The daily news and opinion site LewRockwell.com was founded in 1999 by anarcho-capitalists Lew Rockwell [send him mail] and Burt Blumert to help carry on the anti-war, anti-state, pro-market work of Murray N. Rothbard. Among the hundreds of LRC writers over the years, some of the most prominent are Becky AkersWilt Alston, James Altucher, Bill AndersonWalter BlockBill BonnerPat BuchananDoug CaseyGerald CelenteKaren De CosterJohn DensonTom DiLorenzoTom EngelhardtDoug FrenchDavid GordonAnthony GregoryWill GriggHans-Hermann HoppeJacob HornbergerGlenn JacobsKaren KwiatkowskiScott Lazarowitz, Eric MargolisRyan McMakenDon Miller, MDAndrew NapolitanoGary NorthRon PaulEric Peters, Ralph Raico, Justin RaimondoFred ReedPaul Craig RobertsMike (in Tokyo) Rogers,Bill RoundsMike RozeffBill SardiButler ShafferMark SissonMac SlavoThomas SowellJeff TuckerLaurence VanceWalter Williams, and Tom Woods.

Lew strives to present a diverse daily selection of interesting articles from our writers and other sites, but he does not necessarily endorse every view expressed. He does, however, believe that each piece will repay your reading.


About The Author

  • Tim Bleeker is a father, biker, libertarian philosopher, ruggedly handsome, ex Marine who considers himself on the forefront of the New American Revolution. When Tim isn't doing awesome things like motorcycling, studying Founding Father history, or experimenting with bacon - you will find him grooming his beard, coaching peewee sports or playing Angry Birds.