Monday, June 22, 2009

You Can Fool All The Fools All The Time

Obama, in an interview shown on the CBS Early Show, said the administration wants an overseer that ‘is accountable and clear when it comes to these large systemic firms that could potentially bring down the entire financial system. The Fed has the expertise and the credibility I think to do it.’”

Wow.
Either he's a really big idiot, or he's hoping that everybody else is really big idiot.

First of all, when he refers to "large systemic firms", is he referring to those government sponsored entities, Fannie Mae and Freddie Mac?
No. I didn't think so.

And secondly, does he really mean to induce laughter when he says, "The Fed has the expertise and credibility I think to do it."
The Fed has exactly neither.
Let's review: The Fed has no expertise. And they have no credibility.
If The Fed had either, The Fed would not have caused our current economic meltdown.

Once again, Obama doubles down by misdiagnosing the problem, then imposing a fatal cure.

Sunday, June 21, 2009

A Green Revolution We Can Believe In?

I certainly hope so.
(Revolutions are always fun to watch...from a safe distance, of course.)

If there is a revolution in Iran, it will accomplished by a bunch of "under-thirty-something-tweeting-you-tubers."
Ah! The kids are, indeed, alright.


Already, the movement is no longer about disputing the recent election.
Now, it seems to be slowly transforming into a question of what the "youth" of Iran really want.
(Mousavi, in the end, may turn out to be irrelevant.)

I hope they want to sit around cafes sipping whatever is you sip in Iran, talking politics, movies, music, etc.
I hope they want to turn Tehran into a tourist destination.
I hope they've had enough of hate filled speech from radical religious dictators.
I hope they wish to refute, and wrest control from, those who trivialize not only their ideas, but their very lives.

I hope they want their actions to improve their lives.

Otherwise, what's the point?

What it will amount to in the end I do not know.
But it does seem to me that a genie has been let out of the bottle.
Get luck to the mullahs getting it back in.

Obama On Iranian Protests

It's very simple: when you value self-determination as the ultimate aim of any people, you say so. And when you see others struggling to achieve this aim under threat of death you cheer them on enthustiastically.

When you don't value self-determation so much, you carefully measure your response.

Thursday, June 18, 2009

Obama's Economic Policy

It is, as far as I am able to discern: throw half the water down the drain, then proclaim, "Look! The glass is half full?"

Go Big Or Go Home!

Obama predicts 10% unemployment by the end of the year.

Wow. This guy seriously underestimates the power of his own stupidity.

Let me try.
The unemployment rate will, by the end of 2009, reside in the 13-15% range.

Tuesday, June 16, 2009

The Money Does Not Exist!

Obama's health care program will cost $1.6 trillion over the next 10 years.

Can't be done.

The Chinese will soon cease financing American spending.

And that's a good thing!

Monday, June 15, 2009

Joe Biden: Clown At Large

Joe Biden, ever willing to play the role of administration fool, told Meet The Press, "No one realized how bad the economy was. Everyone guessed wrong. The bottom line is that jobs are being created that would not have been there before."

Mr Biden is dangerously close to being a special needs vice-president.

Let's takes these one at a time.

1) "No one realized how bad the economy was."
Yes, they did. Everybody knew how bad it was.
People were defaulting on mortgages they should never have been given, investments banks were failing, and nobody was buying cars.
It was in all the papers.
It wasn't a secret, and it wasn't complicated.

2) "Everyone guessed wrong."
Guessed?! Why would anyone have to guess. And what would they be guessing about.
The Fed was keeping the interest aritificially low, Fannie Mae and Freddie were buying history's worst mortgages, and Americans were consuming when they should have been saving and investing.
There's no guessing involved.

3) "The bottom line is that jobs are being created that would not have been there before."
I guess that explains why the unemployment rate keeps increasing each month.
And anyway, taking tax dollars to pay a guy to dig a hole then refill it the next is not a job.
Wealth, and jobs right along with it, are being destroyed.

Sunday, June 14, 2009

Agressive Diplomacy & Dreamy Rhetoric

Throughout the last presidential campaign, Barack Obama said he would engage in aggressive diplomacy with Iran and North Korea.

After being elected, he said he dreamed of a nuclear free world, and claimed he wasn't being naive.

Iran recently announced that it would take them only 11 days to wipe Israel off the map, and continue their nuclear development as if Mr Obama hadn't uttered a word on the subject.

North Korea says it will weaponize its uranium and threatened nuclear war.

First of all, haven't these two countries gotten the memo that cowboy George Bush is no longer running things?

So, why are they acting so belligerent with Obama in the White House.

Because they smell fear. This administration wreaks of it.
They have ambitions. They have goals. They have an agenda.

For Mr Obama, it's as if the history of the world can teach him nothing at all.

Or, he simply doesn't care about Israel and South Korea and Japan.
He has a different world view.
A dangerous one.
One that is destined to fail.
One that will greatly weaken America.

Saturday, June 13, 2009

9.4%

That's the present unemployment rate.
It's taken quite a while to get there.

By now, the economic recovery should be underway.

Malinvested monies should be flowing to more productive enterprises.
Unemployment should be decreasing.

But this is not what is, or will, happen.

Not now that the government has appropriated taxpayer dollars for it's centrally planned projects, and/or commited it to dying enterprises.

Wealth will not only not be created, but what wealth there is will be destroyed.

Enterprises will not be started because capital belongs to the government and its bad ideas, not entrpenuers and their good ideas

A policy of keeping interest rates artifiically low and spend, spend, spend means there will be no saving and no investing.

Nationalizing/Socializng the largest sectors of the economy will mean fewer choices and higher prices.

Borrowing and printing money like there's no tomorrow will lead to inflation, maybe even hyperinflation.

We literally cannot afford the choices that have been made by the Obama administration and Democrats in Congress.

Things are going to get a whole lot worse.
And it won't be the fault of the free market.
It will be the fault of our Socialist leaders.

Friday, June 12, 2009

What Will The Next Repubican President Do?

Barack Obama has:

taken over the tobacco industry, taken over the banking industry, taken over the financial industry, taken over the auto industry, and will soon take over the health care industry.

Will the next Republican president reverse outright these disastrous decisions?

And if not, then why do we even need Republicans?

Sarah Palin Gets It

It is entirely possible that David Letterman is, indeed, a pervert.
There is certainly no reason to think that it's impossible.
After all, here is an elderly 62 year old man, who made a statutory rape joke about the 14 year daughter of Sarah Palin.
At best, it's unseemly.
And, any way you slice it, it's creepy.

And Sarah Palin is right to fight back, and to do so quite publicly.
She seems to be one of the few Republicans who realize that if the fight is to be won, it must first be joined.

Loudly and proudly.

Obama's Foreign Policy

1. Curtsy before some fat Saudi potentate.

2. Divine some legitimate purpose for Iran's nuclear program.

3. Offer a sympathetic ear as petty South American dictator after petty South American dictator blames the U.S. for impoverhsing their banana republics.

4. Advise Israel that they're just going to have to get used to living next to their murderous neighbors.

5. Return bust of World War II hero, Winston Churchill.

6. Beg Chinese to buy even more American debt.

7. Sit back and watch as the world becomes a better place.

Wednesday, June 10, 2009

What A Job Is Not

A job is not you performing some pointless and completely unnecessary task, then having the government force me to pay you for your unproductive dithering.

Monday, June 8, 2009

Is There A Latina Female Doctor In The House?

Liberal activist Sonia Sotomayor fractured her ankle.

Which begs the question: can a white male doctor treat her as well as a latina female doctor?
I mean, who's had the richer life experience?

And does empathy assist the healing process?

Such nonsense, huh?

Of course, it is.

But it passes for straight-faced reality with the liberal set.

Promises, Promises

Barack Obama announced today that he will accelerate the government spending this summer in order to repair the economy.

It won't work.

The result will be more unemployment and a worsening economy.

Tuesday, June 2, 2009

Headline-Obama Says U.S. Cannot Impose Its Values On Others

Which is really laughable, as he goes about imposing his values on every facet of the U.S.

How soon can we kick this socialist dictator to the curb?

Sotomayor And The Republican Rubber Stamp

Obama's pick for the Supreme Court, Sonia Sotomayor, isn't so much a judge as she is a political activist.
She doesn't belong on the Supreme Court.

She believes the rich life experience of a Latina Woman makes her a better judge than a white man.
She said as much. You can look it up.

Moreover, the Supreme Court she is about to join will this summer reverse her decision in the Ricci case.
In this case, too many white males passed a firefighters test, and too many minorities didn't, so the city of New Haven threw out the results. Mr Ricci, a white male who passed the test, sued. Ms Sotomayor summarily tossed his claim out.

Republicans have indicated they will not attempt to filibuster her appointment.

What a bunch of useless do-nothings the Republicans have become!

They refuse to fight against the very philosophies they so often decry.

At this point, the question being begged is: do we really need the Republican Party any longer? What purpose are they serving?

Bailout Defined:

throwing good taxpayer money after bad.

A Bankrupt Idea

So, let's understand this: we are supposed to believe that the Obama administration is going to save the economy, and us with it, by...investing in companies that would otherwise be out of business.
Insurance companies, banks(yes, banks are businesses), car companies...

Looking down this road, I don't see prosperity.

I see government control, mass subsidies, less wealth creation, a poorer America.