“There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy.” — President-Elect Barack Obama, January 9 , 2009 With all due respect Mr. President, that is not true. Notwithstanding reports that all economists are now Keynesians and that we all support a big increase [...]
Archive for January, 2009
28 Jan
We Can’t Spend Our Way out of This Quagmire
The cause of the economic crisis was not the collapse of the secondary mortgage market, policies aimed at increasing home ownership or the rise of exotic financial instruments. These factors affected the nature of the crisis, but the ultimate cause was the bursting of a real estate bubble made possible by excessive money growth. Abundant [...]
28 Jan
Why I Oppose the Bailout
Our nation has been confronted by a serious crisis in our financial markets. The President and this Congress were right to act with all deliberate speed in addressing this crisis. We now have a deal that promises to bring near-term stability to our financial turmoil, but at what price? Economic freedom means the freedom to [...]
28 Jan
The Dems are at again
The House is expected to vote TODAY (Wednesday) on the Obama Stimulusbill,which is getting worse and worse — and bigger and bigger — bythe hour. Here’s just a sampling of what is in the bill: $2.4 billion carbon capture products… $4.19 billion for ACORN and other bogus “community organizing” groups… $650 million digital tv conversion… [...]
28 Jan
Jay Leno:
President Obama said when it comes to passing the stimulus package we can’t afford distractions and delays. You know who took offense to this in Congress? The head of the Senate Distractions and Delays Committee. President Obama has signed an executive order closing Guantanamo Bay. Well, the big problem, how do you get these inmates [...]
28 Jan
Short Cuts
“More than 144 hours into Barack Obama’s presidency, the economy is still in recession, the country is still at war, and in many parts of the country it’s still cold outside. Citizens are growing impatient: Wasn’t President Obama supposed to bring change?” –Wall Street Journal columnist James Taranto “During his upcoming administration, Obama has promised [...]
28 Jan
Village Idiots
[Social engineering]: “I am concerned, as I’m sure many of you are, that these jobs not simply go to high-skill people who are already professionals or to white male construction workers. I have nothing against white male construction workers. I’m just saying that there are a lot of other people who have needs as well…” [...]
28 Jan
The Demo-Gogues
[Translation: more government:] “We begin this year and this administration in the midst of an unprecedented crisis that calls for unprecedented action. …[I]f we do not act boldly and swiftly, a bad situation could become dramatically worse.” –President Barack Obama [It's all about retaining power]: “If we don’t get this done we [the Democrats] could [...]
28 Jan
Newspulper Headlines:
Looks as if the Honeymoon’s Over: “Rotten Canned Fish Linked to the Democrats” –Bangkok Post And You Thought College Was Expensive: “Full-Day Kindergarten Will Cost Millions” –Muskegon (MI) Chronicle News of the Tautological: “A New Day Dawns for America, World” –St. Petersburg Times Everything Seemingly Is Spinning Out of Control: “Former French President Chirac Hospitalised [...]
28 Jan
Dezinformatsia
Not that there’s anything wrong with that!: “[I]n a meeting [last week] with senior White House staffers, President Obama showed a lot of love. That’s right. The president is a man hugger. We counted nine man-to-man hugs. … We think the president could be setting a new trend here.” –CBS’s Julie Chen Just doesn’t get [...]
