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Friday, May 28, 2010

Never Again

Via Hot Air

The NRSC's latest web ad hits Obama hard, using his own words about George W. Bush to highlight the failed leadership of Obama's presidency. The criticism intertwined from the White House news network MSNBC and James Carville reinforces a suggestion even the left can't deny his failures any more. Peggy Noonan made a similar point in today's Wall Street Journal:
What continues to fascinate me is Mr. Obama's standing with Democrats. They don't love him. Half the party voted for Hillary Clinton, and her people have never fully reconciled themselves to him. But he is what they have. They are invested in him. In time—after the 2010 elections go badly—they are going to start to peel off. The political operative James Carville, the most vocal and influential of the president's Gulf critics, signaled to Democrats this week that they can start to peel off. He did it through the passion of his denunciations.

The disaster in the Gulf may well spell the political end of the president and his administration, and that is no cause for joy. It's not good to have a president in this position—weakened, polarizing and lacking broad public support—less than halfway through his term. That it is his fault is no comfort. It is not good for the stability of the world, or its safety, that the leader of "the indispensble nation" be so weakened.
Noonan can't see a way for Obama to recover.  I am not ruling out the media rallying to his defense when the reality of a GOP takeover becomes a little too much for them to contemplate.  The lesson for Noonan and the rest of the media should be obvious, however.  You can't cheerlead a political lightweight to competence.  Never Again, indeed:

Thursday, May 27, 2010

Greatest Decline in Money Supply Since the Great Depression

 The Telegraph reports the US money supply is contracting at a rate of 9.6% annually.  This is greatest decline since the Great Depression:

"It’s frightening," said Professor Tim Congdon from International Monetary Research. "The plunge in M3 has no precedent since the Great Depression. The dominant reason for this is that regulators across the world are pressing banks to raise capital asset ratios and to shrink their risk assets. This is why the US is not recovering properly," he said.
The US authorities have an entirely different explanation for the failure of stimulus measures to gain full traction. They are opting instead for yet further doses of Keynesian spending, despite warnings from the IMF that the gross public debt of the US will reach 97pc of GDP next year and 110pc by 2015.
Larry Summers, President Barack Obama’s top economic adviser, has asked Congress to "grit its teeth" and approve a fresh fiscal boost of $200bn to keep growth on track. "We are nearly 8m jobs short of normal employment. For millions of Americans the economic emergency grinds on," he said.
David Rosenberg from Gluskin Sheff said the White House appears to have reversed course just weeks after Mr Obama vowed to rein in a budget deficit of $1.5 trillion (9.4pc of GDP) this year and set up a commission to target cuts. "You truly cannot make this stuff up. The US governnment is freaked out about the prospect of a double-dip," he said.
Frightening indeed.  Harvard economist Greg Mankiw posted this satirical summary of the global economy which sums it up as he said "in a nutshell:"



Wednesday, May 26, 2010

James Carvillle: 'We're About to Die Down Here!'

It's starting to look a lot like Katrina to me. It seems James Carville agrees while Stephanopoulos spins like a top:

Dr. Krauthammer offers to Write Obama's Valium Prescription

Responding to reports yesterday that our thin-skinned POTUS needed to take a Valium before choosing to meet with Senate Republicans, Psychiatrist turned political-pundit Charles Krauthammer, offered to write Obama a prescription:



It's been a while since I have worked in the field but I am not sure Valium is the solution for a terminal case of audacious and grandiose expectations, particularly when the patient doesn't have the good sense to come bearing even a token gift. Nothing, not even a Trojan horse. Obama offered his presence I guess, in exchange for his demand Republicans stand up to their conservative base and help him pass his liberal agenda. I think Haldol is commonly prescribed for hallucinations.
In one of the most heated exchanges of the lunch, Corker accused Obama of acting “duplicitous” in his calls for bipartisanship, saying that he was trying to cut a deal on regulatory reform only to see the rug pulled out from underneath him. At one point, Corker said Obama was using lunch with Republicans as a “prop.”

"I told him I thought there was a degree of audacity in him even showing up today after what had happened with financial regulation," Corker told reporters after Republicans met with Obama.

Republicans came away believing Obama wants to do too much, too fast.

"He wants to do immigration, climate change — all before we go home — he's a very ambitious guy," said Sen. Mike Johanns (R-Neb.). "I think he needs to step back and see where the country is at."
Yes well, ambitious or psychotic, take your pick. Obama feels he is entitled to Republican support for his audacious agenda. He has, after all,  bled for the country or something:
“There was some good healthy give-and-take in there,” Graham said. “He believes that he’s bled for the country in terms of giving up political capital and making his base mad. He said that often. … It was at times testy; I think overall it was cordial.”
Testy and cordial are often interchangeable  aren't they?  Obama has bled support alright.  Imposing a left-wing agenda on a center-right country will do that for you.  Asking the Republicans to sacrifice themselves so his radical left wing base doesn't abandon him as well is nothing short of delusional.  I hope Dr. Krauthammer has something in his black bag to fix that.

More on this at Memeorandum

Sestak allegations a "tempest in a teapot" about to blow

Via Gateway Pundit:

Hannity had Victoria Toensing and Jay Sekulow as guests to discuss the allegations Joe Sestak was offered a high level job if he would drop from the Pennsylvania Senate race.  Sekulow sees the charges as explosive and they appear to be about to blow.  Earlier today David Axelrod claimed there was no evidence such an offer was made despite the fact Sestak has said repeatedly such an offer was made. In essence, Axelrod is calling Sestak a liar though he candy coats it quite a bit:
“When the allegations were made, they were looked into. And there was no evidence of such a thing,” Axelrod said on CNN’s “John King USA.”

Axelrod acknowledged that if White House officials dangled a job in front of Rep. Joe Sestak’s face to keep him away from challenging incumbent Sen. Arlen Specter, that would “constitute a serious breach of the law.”

Axelrod also acknowledged that there were “conversations” involving White House officials and Sestak, but said that those had been “looked at” by White House lawyers and “their conclusion was that it was perfect — the conversations were perfectly appropriate.”
So was Sestak tripping on some hallucinogenic mushrooms or has someone in the White House suddenly developed a convenient case of amnesia?  The White House is in a classic double bind with Sestak.  If Sestak is credible someone in the Obama administration is clearly facing serious legal charges.  It is unlikely Sestak would be offered a high level position without the knowledge and/or approval of Barack Obama.  If Sestak is not credible he can all but kiss that Senate seat goodbye.

The Obama White House almost always assumes they are above dealing with the consequences of their own actions.  Watch them find a way to make this about Bush.  It won't be so easy for them this time, however.  Axelrod brought the issue to the fore in the media today when he claimed there was no evidence Sestak was offered a job as quid pro quo if Sestak dropped from the race.  Let's be honest, the media generally lets the administration slide with nary a challenge to the Obama version of events.   Joe Sestak, however, will be a constant reminder the allegation hangs like the sword of Damocles over the administration and the Sestak candidacy.  Sekulu describes the allegation as a "tempest in a tea pot that is about to blow."  Frankly there have been many a tempest brewed in minor tea pots as Democrats should know all too well.  How big a deal did the Valerie Plame nonsense become?  Bribery is a powder keg and Sekulu isn't the only one who thinks it's about to blow:


Tuesday, May 25, 2010

House Republicans Propose $1.3 Trillion in Spending Cuts

H/T:  Hot Air
House Republicans have proposed a series of cuts to spending that would save $1.3 trillion over 10 years. The group led by Paul Ryan (fan-girl sigh) took the Democrat majority to task for their failure to produce a budget which constitutes a failure to govern:
Having shoveled out trillions of dollars in new spending and debt, House Democratic leaders now admit they cannot budget for all of it – and won’t even try. For the first time, the House will fail even to propose a budget. Instead the Democratic Majority will resort to an ad hoc, spend-as-you-go process that abandons any pretense of governing.
The details of the spending cuts outlined at the link above are as follows:
  • Cancel Unused TARP Funds. Prohibit the Treasury Secretary from entering into new commitments under the Troubled Asset Relief Program [TARP]. Ending TARP would prevent up to $396 billion in additional disbursements; CBO estimates savings of $16 billion. H.R. 3140 introduced by Rep. Tom Price of Georgia.
  •  Cancel Unspent ‘Stimulus’ Funds. Rescind all unobligated budget authority authorized under the “stimulus” bill and dedicate to deficit reduction. Saves up to $266 billion. H.R. 3140 introduced by Rep. Tom Price of Georgia.
  •  Cut and Cap Discretionary Spending. Return non-defense discretionary spending to pre-Obama (fiscal year 2008) baseline levels. Saves up to $925 billion. Legislation introduced by Reps. Ryan and Hensarling (H.R. 3964) and Rep. Jim Jordan of Ohio (H.R 3298) include caps on discretionary spending.
  •  Reduce Government Employment. Hire one person for every two who leaves civilian government service until the workforce is reduced to pre-Obama levels (exempting the Departments of Defense, Homeland Security, and Veterans Affairs). Saves an estimated $35 billion. H.R. 5348 introduced by Rep. Cynthia Lummis of Wyoming.
  •  Freeze Government Pay. Freeze Federal civilian pay for 1 year. Saves an estimated $30 billion.
  •  Adopt the Legislative Line-Item Veto. Enact a constitutional line-item veto law. The President’s FY 2011 budget included terminations, reductions, and savings that would achieve $23 billion in one year. While Congress may not accept all these savings, the Line Item Veto can help reduce spending. H.R. 1294 introduced by Rep. Paul Ryan of Wisconsin.
  •  Reform and Bring Transparency to Fannie Mae and Freddie Mac. Reform these companies by ending conservatorship, shrinking their portfolios, establishing minimum capital standards, reducing conforming loan limits, and bringing transparency to taxpayer exposure. According to CBO, the cost to taxpayers of putting government in control of Fannie and Freddie is $373 billion through 2020. Saves an estimated $30 billion. H.R. 4889 introduced by Rep. Jeb Hensarling of Texas. H.R. 4653 introduced by Rep. Scott Garrett of New Jersey.
  • Create a Sunset Commission. Establish a commission to conduct systematic reviews of Federal programs and agencies, and make recommendations for those that should be terminated; and provide for automatic sunset of programs unless expressly reauthorized by the Congress. H.R. 393 introduced by Rep. Kevin Brady of Texas.
Ed Morrissey at Hot Air has a great analysis of the potential savings from these cuts so I won't reiterate them here.  This is far from the complete plan to address our nation's fiscal woes we see in Paul Ryan's Roadmap but it is a good start.  Moreover, the cuts put Democrats in the position of rejecting spending cuts as they head into the 2010 midterm elections.  It is nearly inconceivable the Democrats could claim they have had any other plan but to spend the nation into Greek oblivion but heaven knows that won't stop them from claiming otherwise.

Obama Approval Hits Another New Low

Rasmussen has Obama at a historic low in his 16 month Presidency.  Obama currently has a 42% approval with 56% disapproving.  Obama's passion index is at a -20, reflecting a mere 24% who strongly approve while with 44% strongly disapprove.  He appears to be on a downward trend again:
Americans appear to have found Obama wanting as a leader and have all but abandoned thoughts a political newcomer could bring hope and change to Washington:
Forty-four percent (44%) say the president is doing a good or excellent job on national security issues while 39% give him such positive marks on the economy. See other measures of the president’s performance at Obama By the Numbers. Thirty-four percent (34%) say the president is doing a good job handling the Gulf oil spill while 33% give him poor grades on that topic.

Most Americans have “come to believe that the political system is broken, that most politicians are corrupt, and that neither major political party has the answers,” observes Scott Rasmussen. Just 27% believe Congress knows what it’s doing when it comes to the economy and 41% say that a group of people randomly selected from the phone book would do a better job than the current Congress. In his new book, Scott adds, “Some of us are ready to give up and some of us are ready to scream a little louder. But all of us believe we can do better.”
While most of us knew Obama was just another corrupt politician, it is high time the rest of the electorate wakes up and smells the coffee.   The question remains what exactly set Obama's numbers on a downward trajectory once again.  Ed Morrissey points out the poll doesn't suggest the public is quite ready to declare the Gulf oil spill Obama's Katrina, at least not yet anyway.  Though Obama may get a bump after he finally holds another presser Thursday hoping to contain the damage on the Gulf, the bump isn't likely to last.  His base is not with him on the decision to continue to allow more drilling and the disaster in the Gulf has no apparent end in sight.

Recent predictions that the economy may hit yet another downturn spell disaster for this President.  The internals  for this Rasmussen poll show a mere 26% trust Obama on an economic crisis while 27% trust Congress to handle an economic crisis.  Another economic crisis will leave Obama and his Democratic Congress with few alternatives for intervention after their stimulus proved such a failure.  The combination of the Gulf oil spill along with projected downturns for the economy may leave Obama hoping for approvals Bush experienced post-Katrina.

Patrick Murphy PA08 - "This is not a town hall"

Big Hat Tip to Midnight Blue for this choice little video clip of Patrick "Patlosi" Murphy who was unable to find a way to duck his constituents at an event this past Saturday.  Murphy has a long history of avoiding direct meetings with his constituents.  When Congressmen and women across the United States took heat from their constituents last summer over health care, Congressman Murphy was attending the "Netroots Nation" convention instead.    Though the local paper urged Murphy to grant his constituents face time with their Congressman,  Mr. Murphy barely managed to phone it in  with AARP representative Ray Landis handling a good portion of the questions.

It looks as though his constituents decided to bring the town hall to him instead.  Murphy would have none of that though.   Murphy repeatedly rejects the idea to address the group saying "this is not a town hall."  Oh please, heaven forbid.  That doesn't stop Congressman Murphy from claiming he has held town halls, however. I wonder if these secret events were held in San Francisco or did the "Netroots Nation" convention count as a town hall?

The highlight of the clip comes when a flustered Murphy completely loses the floor to his challenger Mike Fitzpatrick.  Mike Fitzpatrick addressed the disappointed group after Murphy refused to address them. What a refreshing contrast to Murphy.   Hillbuzz posted this video adding, "Patrick Murphy in Pennsylvania sure looks like toast to us."  From your lips, as the saying goes.... please.

Monday, May 24, 2010

Rasmussen: 63% now oppose health care legislation

The latest survey shows a significant jump in favor of repealing the health care law
A new Rasmussen Reports national telephone survey finds that 63% of U.S. voters now favor repeal of the plan passed by congressional Democrats and signed into law by President Obama in March.

Prior to today, weekly polling had shown support for repeal ranging from 54% to 58%.
Currently, just 32% oppose repeal.

The new findings include 46% who Strongly Favor repeal of the health care bill and 25% who Strongly Oppose it.
If Republican candidates are looking for a position to endear them to conservative and swing voters alike, promising to be a vote in favor of repeal wold be the ticket.  Clearly the Obama/Pelosi prediction that voters would like the health care law once they found out what was in it is failing, just like their agenda.

Friday, May 21, 2010

FMJRA Roundup: Hardcore Gore and More

While investors worried over the falling value of the Euro this week, I personally was thankful.  My daughter spent the last 10 days in Spain.  As she is a college student, Mom and Dad spotted the spending money for the trip.  Needless to say the exchange rates were quite favorable.  She will be landing around noon at JFK and I can't wait to hear about the trip.  I hope she decided to take my advice and passed on seeing a bull fight while she was there.  American Power has gruesome photos and a video of a popular Spanish bullfighter who was gored by a bull.   I saw a bull fight in Acapulco many years ago.  It was gruesome but not quite as gruesome as the one American Power described.

While my daughter is heading home, I have lots to do around the house including unpacking the rest of the many many things she had crammed in a dorm room at school.  I have plenty of yard work to catch up on as well.  For those looking for interesting posts to read, here are a few links to some great posts by my friends in the blogosphere.  I am sure I will check in with more when I am looking to take a break from the Saturday chores.

No finer read for a Saturday than a Paco parody.  Paco finds Goreture is worse than torture.
“No! Anything but this! Waterboarding! I demand to be waterboarded! Even better- I’ll just tell you everything you want to know right now!” The FBI men stood motionless, each gripping one of Shahzad’s arms, as Gore relentlessly plodded through his prepared remarks.
Read the rest as they say.

As mentioned above American Power has the scoop on the bullfighter gored by a bull .

Speaking of bull - Obama delivered remarks in the Rose Garden after the Senate voted for cloture on the financial regulation legislation yesterday.  Rodents were spotted scurrying away demanding they be waterboarded rather than endure the boreture.  Sister Toldjah and No Sheeples  have more.

Beware of rogue Catholics wearing rosary beads, they're dangerous to schools you know.  Sentence the hardcore criminal to goreture or boreture for daring to wear a religious item in memory of a brother and uncle who passed away.  Honestly, where do they find these people to run schools?

Fishersville Mike linked an interesting item posted by Troglopundit.  A small businessman discovers ObamaCare is nothing but "bait and switch."

Wyblog  spots the latest entry for the "you can't make this stuff up" category.

The Daley Gator  loves when Republicans stand up and show some spine.  Adrienne calls this five minutes of pure joy.

There are many items posted over at Potluck and more from the ladies at their blogs:
Bunni takes note of election ads gone wild.

Bride of Rove wonders how cool that Obama bash was the other night.  She seems less than impressed the Obamas partied while the world burned.

The Blogprof has a terrific roundup of interesting posts including many I haven't had a chance to read myself.   I will have plenty to read when I get back to the computer.

I am sure there is more but for now I am off to tame the wilds of my backyard.

SEIU protestors got a police escort to the private home of Bank of America exec.

Via Drudge
Big Journalism reports that calls received by Montgomery County Police Department regarding a protest by SEIU members at the home of Bank of America exec Greg Baer were responded to immediately. Four MCPD police vehicles arrived at Baer's home where they found Washington's Civil Disturbance Unit already present on the scene.  MCPD had not been notified the Civil Disturbance Unit escorted the busloads of protestors to the private home of the Bank of America executive:
So, let’s sum this up: A caravan of SEIU buses receive a Metropolitan (D.C.) Police Department escort to a private home in Maryland where the protesters, from all appearances, violate Montgomery County law by engaging in a stationary protest. The Montgomery County police were not informed by their cross-jurisdictional colleagues of the impending, unusually large protest pending in their jurisdiction.

What’s up with that? Had the mob decided to torch the house, the D.C. police would not have been authorized to intervene. Not their jurisdiction. They’re just escorts. Meanwhile, a teenage boy is home alone, frightened by what’s happening outside his front door.
Imagine that, SEIU protesters getting a police escort to the home of a private citizen in the same week the financial regulation legislation is up for cloture vote in the Senate.  What a coincidence.  Meanwhile the protesters have all the protection while private citizens are treated like criminals.  This is wrong on so many levels.  

Volcker: Stiff new tax needed to cover spending at 25% of GDP

Anne Leary posts on the defeat in the House of the first YouCut program selected by the public to be cut from the federal budget. A 2.4 billion dollar welfare program was selected for cutting but Democrats in Congress preferred to keep the program. As Paul Volcker, head of Obama's Economic Recovery Advisory Board, notes in this Naked Emperor clip spending is currently up to 25% of GDP. There is obviously little stomach in this Democratic Congress to cut spending leaving little alternative but the adoption of a "stiff new tax" to close the gap in spending. Volcker lists a few alternatives such as a carbon tax, energy tax and the dreaded VAT.

Related: The grass is not always greener in a green economy. "Spain admits that the green economy as sold to Obama is a disaster"

'What Are They Doing in Washington?'

Via Newsbusters

Rick Santelli and Maria Bartiromo discussed potential reasons the Dow Jones took a tumble of 376 points yesterday.  With fears over problems in Europe on the minds of investors, the Dow has lost over a thousand points in the last month.  Santelli and Bartiromo certainly include Europe in their analysis but noted the cloture vote for financial regulation may be adding to investors' fears as well:
"Well, a couple of things," Santelli said. Well, first of all, if you look at the high-grades, they widened out with the high-yields widened out more today at levels today that are wider than the day of the flash crash. That's ‘a.' And ‘b,' you know Maria, we have a 1.2511 on the Euro. This is so much more than just focusing on the Euro."

The other problem - it is the vote for cloture in the Senate, which all but ensures passage of financial regulation, creating a lot of uncertainty for investors.

"We were down 192 and we talked about it when the headline came out, they're going to pass that tonight, and breaking news on CNBC, and we then subsequently dropped 200 points. A lot of today's action, not all of it, but a lot of the late action is because of fin-reg is scratch your head. The markets are deleveraging on their own. What are they doing in Washington?"

And "Closing Bell" host Maria Bartiromo agreed.
Santelli hits the key question as always, "what are they doing in Washington?"  Nouriel Roubini sees risk of double-dip recession in some parts of the global economy and expects stocks to tumble another 20%.  In the US, Roubini sees the market reacting to political policy and regulatory uncertainty:
“There is this policy uncertainty that is also affecting the markets negatively. We don’t know what’s going to be the shape of financial regulatory reform—that uncertainly is negative for financial stocks. We don’t know whether they are going to raise taxes or how much next year, or deficit is going to remain large. We don’t know how much more government intervention is going to occur in the economy and the two parties are so divided that the chances of bipartisanship are very limited. If you have division of the government, chances are this problem will not be resolved and therefore, the markets are worried about political policy and regulatory uncertainty,” he said.
 It should be noted Roubini was one of the few economists who correctly predicted the financial crisis.  While the US economy may show signs of tentative growth, this growth is threatened by global economic instability and political policy here at home.  It's almost as though financial reform is timed to reap a political advantage, yet hits at a time when it may also do the most harm to the economy.

As Keith Hennessey points out, at the current rate of growth it will take years before employment and GDP return to maximum levels.  This is far too slow.   Add financial reform to the mix and we are likely to see growth impeded by the new levels of government regulation and bureaucracy created through a bill that doesn't even address the primary causes of the financial crisis to begin with.  As Santelli said, "What are they doing in Washington:


Thursday, May 20, 2010

Pelosi not afraid a House will fall on her in November

"Bring it on," was The Hill's summary of Pelosi's message for Republicans this fall.  Pelosi seems particularly emboldened since the Democrats were able to retain John Murtha's seat on Tuesday:

Pelosi, who was very close with Murtha, said Republicans once again tried to nationalize an election by way of an “anti-Obama, anti-Pelosi” message.
“It didn’t work,” Pelosi said, calling the strategy Republicans have employed regularly in recent years “predictable.”
Asked about House Minority Leader John Boehner’s (R-Ohio) recent claim that there are 100 House seats in play, Pelosi responded, “Let him think that.”
She said there are “more than 200” House Democrats who will be reelected “easily,” but cautioned that she never underestimates her opponents. 
Pelosi is clearly happy and relieved that former Murtha aide Mark Critz will replace his old boss. Throughout The Hill’s interview, Pelosi laughed, cracked some jokes and even teased her questioners.
Personally, I hope she gives interviews like this every day between now and November 2.  Boehner helped set expectations for November unreasonably high.  If Republicans retook the House with a win of 40 seats it would be characterized as failure given his absurd prediction.  Pelosi's taunts should motivate us to work morning, noon and night to make sure we hit the magic number that will drop a house on a witch this fall.  If we pick up a single seat beyond that it is gravy.

The Hill did its' part to contribute to the media "anti-incumbent" meme that carefully ignores a mood that urges Democrats to run away from Obama and his agenda in droves.  Pelosi gleefully plays along:

“I’m kind of anti-incumbent myself, as a matter of fact, depending on who you’re talking about.”
 She proudly notes how much time she invests in protecting the House Democratic Caucus, whether it’s legislating or fundraising or making the case that voters should trust Democrats far more than Republicans.
Fear motivates the Speaker — specifically, the fear of reverting to minority status.
While acknowledging that Republicans are hungry to return to power in the nation’s capital, Pelosi said, “We certainly were [hungry in the minority.] I remember it well.”
Despite some predictions of a huge GOP wave this fall, Pelosi says it’s not going to happen: “One thing I know for sure is that Democrats will retain their majority in the House of Representatives.”
We'll just see about that Madame Speaker.   I hope Pelosi's prediction is hung over the desks in every GOP campaign office in the country.

Via Memeorandum

Media Gunning for Rand Paul

Since Obama is 0 for 4 campaigning for candidates in key elections, Rand Paul has decided to invite Obama to come campaign for his Democratic opponent in Kentucky's Senate race. Paul may as well get his licks in because the ObamaMedia is gunning for him. Look at the growing thread on Memeorandum, nearly all the usual suspects have taken it on themselves to create an impression Paul is a racist. That's original.

The left-wing media machine suspects that Paul may be vulnerable in the general election and are doing their level best to take him down early.  Anyone recall that sort of treatment being directed towards the man who now resides at Pennsylvania Avenue?  I don't.  Paul, who has been designated the "tea party" candidate will be painted with the same racist brush the media reserves for anything that falls to the right of David Brooks.  Althouse suspects the left may be terrified of Paul.  Perhaps they are.  Paul is decidedly unafraid of Obama and his agenda, however.  Both are incredibly unpopular in Kentucky which is why Paul should invite the Obama administration into every discussion.  What better way to start his campaign than inviting the President to come on down to work that campaign magic of his in Kentucky:



Wednesday, May 19, 2010

Untangling the PA12 Special Election

I had a bad feeling building over the course of the day that PA12 was going to be a disappointment.  Sure enough that nagging feeling proved to be correct.  There were growing signs Democrats had the election for Murtha's seat tucked in a back pocket.  This TPM headline sums up the Democratic strategy perfectly:

Confident Dems Goad GOP By Calling PA-12 A 'Must-Win' For Republicans Today

Goading is something Democrats have mastered even as they fail at governing.  Unfortunately we often accept their terms and placed our hopes for November in a single race in a district held by John Murtha for over 30 years.  

Murtha's district had been carved up and served on a platter to ensure his continual re-election.  The District's R+1 rating comes only because the district voted for McCain in 2008 while it voted for Kerry in 2004.  Democrats would have us believe the District has trended Republican over those four years while the rest of the country had their fill of Bush and the GOP.  The Democrats and the cheerleading media want us to forget they believed Obama lost this district because it was filled with racist rednecks.

The DCCC hoped to ramp up expectations Republicans needed a win in PA12, while they were smugly aware it was not going to happen, to deflate our hopes for November.  Pulling off a win there would serve to bolster spirits among the Democrats they were not going to get pounded in November.  While left-wing analysts have already used the race to chastise the Republicans for nationalizing the race, the media will nationalize the results to claim nothing that happened in this election is a repudiation of the Obama administration.  This is hogwash.  As John Fund pointed out in the WSJ, "even the Democrats ran against Obama's agenda."

Democrats are quick to point out the GOP has had trouble winning special elections.  While this is true, it also serves as a convenient distraction for the harsh reality Obama has serious trouble carrying prominent candidates over the finish line.  His coattails are as vaporous as his qualifications for office.  

It would be foolish for Republicans to ignore this race and should instead use it to hone strategy for the brass ring in November.  It would be equally foolish to buy into the trap filled with despair Democrats have set in this idiosyncratic race in a gerrymandered district.  The mood of the country is clearly anti-Democrat but Democrats will not relinquish power without a desperate fight.  Let's get ready to rumble folks, it's going to take a committed army to pry that gavel from the "bitter clingers" to the Democratic majority.



Tuesday, May 18, 2010

Blumenthal Candidacy Imploding

My full report on Connecticut's Attorney General Richard Blumenthal who was found to be deliberately misleading about his service as a Vietnam veteran is posted over at Potluck.  Blumenthal's candidacy, once the bright hope for Democrats in these midterm elections, now appears to be imploding.  While Democrats may have hopes another Democrat will now challenge Blumenthal for the nomination for Chris Dodd's Senate seat, the tainted Democratic duo of Dodd and now Blumenthal may be a boon to the Republican nominee.

Blumenthal enjoyed enormous advantages in polls since Senator Dodd decided to make this his last year in the Senate.  It is hard to imagine why when you watch this beating Blumenthal took during an appearance on Glenn Beck's show in March.  The remaining portions of the interview drubbing can be found on YouTube.


Monday, May 17, 2010

The stars align for Sestak

Via Memeorandum


While the White House is bracing for a loss in Pennsylvania, Arlen Specter finds his last hours before the election tomorrow a little lonely:
CBS chief Washington correspondent Bob Schieffer is now saying that he has it on good authority that the White House is privately bracing for Arlen Specter to lose tomorrow.

Schieffer, to my knowledge, has not said this on national TV yet. But he made the claim in an interview with the local CBS affiliate in Philadelphia. "I have been told on background that the White House is preparing for a Specter loss here, and that the president doesn't want to be associated with that," Schieffer said.

I've also learned that Veep Joe Biden will not be doing any campaign events for Specter in the final stretch, though it's not immediately clear how significant this is. Last week, Biden said he'd be doing events for Specter "as needed."
What?  I thought Obama loved Arlen Specter.  While I clearly preferred saving Arlen now in order to defeat him in November, there is a certain amount of satisfaction in watching Arlen being abandoned by his "fair-weather" friends in the Democratic party.  Remember how they were your best friends Arlen, when you cast the votes they needed to pass their failing unpopular agenda?

A year later, on the eve of a Democratic primary, a visit from Barack Obama might serve to energize the base to the polls.  Specter's best hope for a win comes through high turnout while lower turnout favors Sestak according to a recent Franklin and Marshall poll:
The poll shows that Sestak holds a larger advantage as the pool of voters gets
smaller—meaning lower turnout favors his candidacy. Specter leads Sestak among all registered Democrats, 38% to 29%. Representative Sestak’s support among all registered Democrats has more than doubled since March when Specter led 32% to 12%.
Obama's decision to sit out the final stages of Specter's campaign is all but the final nail in the coffin of Arlen Specter's Senate career.   This says loads about Obama's character too, I might add.  Obama and Specter deserve each other.  The latest poll shows the election tomorrow a dead heat but the stars appear to have aligned for the candidate who excites the progressive base of the Democratic party.    As the progressive agenda of the Obama administration has left Pennsylvania flushing pink again, perhaps a Sestak win is what Obama and Specter both deserve.


SEIU thugs protest at home of Bank of America lobbyist

Via Breitbart

A group of SEIU and NPA thugs staged a protest at the private home of Bank of America lobbyist Gregory Baer and at the home of Chase executive Peter Scher this weekend.   The protest is one of a planned series of attacks against K Street organized through Showdown in America.  A massive protest is set to descend on K Street today.  It's shaping up to be full-scale Kabuki theater:
What:

On May 17, everyday people from across the country will come to Washington DC to draw a direct line connecting unaccountable corporations, their lobbyists, and the Members of Congress who do their bidding. The big banks and other reckless corporations have hijacked our democracy and ruined our economy, and we are coming to Washington DC to take it back.

WHO:

Members and leaders of National People’s Action, SEIU, Jobs with Justice and the AFL-CIO.

WHEN:

12:00 pm - Showdown on K Street, McPherson Square
Rev. Eugene Barnes, Board President, National People’s Action
Richard Trumka, President, AFL-CIO
Mary Kay Henry, President, Service Employees International Union
Leader from Jobs with Justice
Everyday Americans impacted by financial crisis

12:30 pm - March to Bank of America Office Next to Treasury

1:00 pm - Americans from across the country head to Capitol Hill to Reclaim Our Democracy.
Sounds like a real grassroots group to me.   I am sure they will get the same scrutiny the tea party protests endured from the media.  Maybe that will happen right after Nancy Pelosi calls them "astroturf."

The video of the protest held at the home of Bank of America exec Gregory Baer has already captured the attention of the progressive blogs who are too busy promoting the protest to note the irony in their own descriptions of the "staged" protest:
But before Main Street arrives on K Street, a fleet of yellow school buses and motor coaches delivered the demonstrators, clad in red, blue, and purple t-shirts, to a park in Chevy Chase near the home of Bank of America’s Baer. After a quick briefing, the throngs of protesters, hailing from Chicago, San Francisco, Staten Island, and other locales, gathered on Baer’s front lawn and marched to his front door. Members of NPA delivered a letter to a family member who opened the door. Baer, this family member said, wasn’t home. The letter, addressed to Bank of America CEO Brian Moynihan, asks Moynihan to meet with groups "to address the critical problems facing our neighborhoods and our country—problems that were caused in part by Bank of America and that continue to fester due to Bank of America’s inaction."
Michelle Malkin  wrote about NPA's role in demanding "homeowner security" in the form of government loans to minorities in 2004.  It seems Bank of America along with the other targeted financial institutions were merely fulfilling the demands for guaranteed loans, now they are being demonized when those who received the loans can't repay them.  How are those donations to Democratic candidates working out for you Mr. Baer?

As you will see in the video, one woman is featured speaking to the group assembled at the home of Gregory Baer.  The woman claims she was called by a debt collector at Bank of America 30 minutes after she was informed her son died in a tragic car accident. I have the greatest sympathy for anyone who loses a child. That said, the woman's outrage that the collector did not offer her sympathies seems strangely unbelievable. Had I lost a child, I would have been in no position to take a phone call from anyone let alone recall exactly the wording a bill collector used in the call.

Were it not for the fact that every single demonstration organized on the left takes the same tone using a script borrowed from the Presidential pitch for health care, I would be inclined to give this woman the benefit of the doubt. Every speech has a villain. Every rally has a tragic story that is completely unrelated to the issue at hand.  More often than not, we find the speakers to be either props, frauds or some combination of both. 

Having run their course, for the time being anyway, with the insurance industry, it is time to turn to finish the hatchet job on the financial industry.   I guess we can expect to see more rent-a-mob protests on the lawns of financial industry executives in the days to come:



Sunday, May 16, 2010

Oil plumes in the Gulf of Mexico

Via Memeorandum
The New York Times reports disturbing evidence the oil spill in the Gulf of Mexico may be much worse than originally reported:
Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots. The discovery is fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the government and BP have given.

“There’s a shocking amount of oil in the deep water, relative to what you see in the surface water,” said Samantha Joye, a researcher at the University of Georgia who is involved in one of the first scientific missions to gather details about what is happening in the gulf. “There’s a tremendous amount of oil in multiple layers, three or four or five layers deep in the water column.”

The plumes are depleting the oxygen dissolved in the gulf, worrying scientists, who fear that the oxygen level could eventually fall so low as to kill off much of the sea life near the plumes.
Scientists studying a video released this week of the leak at its' source suggest that as many as 3.4 million barrels of oil could be leaking into the ocean:



The latest efforts to contain the leak have failed.  The application of dispersants has made the surface water clearer but it appears the problem areas deep in the ocean waters is much worse than expected.  BP plans to reinsert the tube that could contain the oil as it leaks right away.  Nevertheless, oil has been leaking at high rates for nearly a month now and there doesn't appear to be a solution available that will certainly fix the problem at its' source.  The Exxon Valdez disaster seems dwarfed in comparison to this leak.

If you read the entire article by the Times, take note there is one word missing from the lengthy article.  Not once do they mention the President, not once.  Dare I say it?  What if Bush?  The chances the Times would run an article on a disaster of these proportions without mentioning Bush are slim to none.Every picture of an oil-covered bird would have Bush somehow associated with it.  I am not suggesting the same should be done because it is inherently unfair to hang an entire disaster on the sitting President.  At some point however, the failure to contain this disaster along with mounting evidence the White House colluded with BP to keep the extent of the disaster from the public leads to the inevitable question:  "Is this Obama's Katrina yet?"

Saturday, May 15, 2010

Elena Kagan's grades and thesis online - Have we seen Obama's yet?

Via Memeorandum
Thanks to Doug Ross for linking


Is it me, or does it seem odd that we can see the grades and college thesis online but no such material was available when electing a man with an unproven track record to the highest office in the land?  Kagan's thesis has since been pulled by Princeton for copyright claims.  What a shock.  It had been online for a year or more until she was nominated by the Obama administration for the Supreme Court.  Nevertheless the bit that got everyone concerned is available:
"In our own times, a coherent socialist movement is nowhere to be found in the United States. Americans are more likely to speak of a golden past than of a golden future, of capitalism's glories than of socialism's greatness. Conformity overrides dissent; the desire to conserve has overwhelmed the urge to alter. Such a state of affairs cries out for explanation. Why, in a society by no means perfect, has a radical party never attained the status of a major political force? Why, in particular, did the socialist movement never become an alternative to the nation's established parties?"(pp. 127)

"Through its own internal feuding, then, the SP exhausted itself forever and further reduced labor radicalism in New York to the position of marginality and insignificance from which it has never recovered. The story is a sad but also a chastening one for those who, more than half a century after socialism's decline, still wish to change America. Radicals have often succumbed to the devastating bane of sectarianism; it is easier, after all, to fight one's fellows than it is to battle an entrenched and powerful foe. Yet if the history of Local New York shows anything, it is that American radicals cannot afford to become their own worst enemies. In unity lies their only hope." (pp. 129-130)
 Well clearly she loved her some socialism in college.  Whether she still embraces the same ideology is something we may only find out if the Republicans in the Senate ask tough questions.

Her grades haven't been pulled from the internet, probably because they were quite good:
click to enlarge
Now why is it that things favoring the Obama administration are readily available online while other things remain under lock and key?  Wouldn't it have been nice to reassure the American people Obama was as brilliant as everyone claimed by releasing his grades?  



Friday, May 14, 2010

GOP ad targets Mark Critz: "We know who you are"

Spoofing the Pennsylvania ads that have been bombarding the airwaves with a creepy Orwellian message, the GOP are now running an ad targeting Mark Critz. Critz is the handpicked Murtha associate running for the 12th Congressional district's special election. Recent polling showed Pelosi and Obama quite unpopular in the district. This ad ties Critz as a Washington insider in a clever parody of the ad Pennsylvanians clearly associate with big government.  Hats off to the GOP for a clever and highly-effective ad coming just days before this special election:


Beware the fat police

Via Memeorandum
The BMI of children 12-18 seems to be the highest priority of Congress now that they have taken charge of health care. Perish the thought they might come up with a balanced budget or do something constructive for jobs. Tracking how fat little Susie got this year is now as important as tracking terorists:

A bill introduced this month in Congress would put the federal and state governments in the business of tracking how fat, or skinny, American children are.

States receiving federal grants provided for in the bill would be required to annually track the Body Mass Index of all children ages 2 through 18. The grant-receiving states would be required to mandate that all health care providers in the state determine the Body Mass Index of all their patients in the 2-to-18 age bracket and then report that information to the state government. The state government, in turn, would be required to report the information to the U.S. Department of Health and Human Services for analysis.
Pennsylvania's schools already track this information though it is supposedly used to inform the parents.   None of us can tell how thin or heavy our kids are without government intervention.  The thought that this information would now  be sent to Washington is about all I can take from this busybody government.

Of course this tracking BMI program will be funded through grants to states with our taxpayer dollars as fuel. I am sure they feel entitled to bill us for this service. It's for our own good after all:
At a press conference last week to announce the introduction of the bill, Kind emphasized it would help “busy American families.”

“Making the healthy choice the easy choice for our families is essential to ensuring our quality of life,” Kind said. “I am pleased to work on legislation that helps provide the opportunities that meet the needs of busy American families.”
If Rep Kind is truly concerned about busy American families, perhaps he might consider staying the heck out of our business and minding his own.  It's just 171 days until we shed the dead weight in Congress.  I can't wait.

Heh, JWF has the solution to this Nanny State Nightmare:
How about we start by having Michelle Obama tell us what her BMI is? Dare I suggest the number would be appallingly high? Seriosuly, this Big Brother crap has to stop.

Thursday, May 13, 2010

Quinnipiac's latest PA polling

Via Memeorandum

The latest Quinnipiac poll has a not-so-subtle message for PA Democrats who go to the polls in 5 days: "Although the Quinnipiac poll of likely Democratic primary voters finds that many more think Sen. Arlen Specter is the better general election candidate, Congressman Joe Sestak actually runs a good deal better against Toomey in a trial heat."   While it is possible Sestak could offer Democrats a more competitive candidate than Specter in the general election, the internals of the poll suggest a contest between Sestak and Toomey would largely be a battle between two unknown candidates.

Sestak's favorability ratings have increased in recent polls but 52% of respondents didn't know enough about him to offer an opinion.  Toomey's favorability ratings show 60% of respondents didn't know enough about him as well.  Nevertheless, in a hypothetical race between Toomey and Sestak, Toomey has a 2 point lead.   The mood in PA is clearly anti-Democrat as much as it is anti-incumbent.  Approval ratings for Barack Obama and Ed Rendell suggest Pennsylvanians have had their fill of Democratic policies.  


While Sestak is largely unknown, his vote on health care may prove to be a liability as large as Specter's incumbency.  Shortly after the health care law was passed, 65% of Pennsylvanians polled opposed the law.  As Sestak is running among his base as the true liberal candidate, how will he distance himself from health care to appeal to moderate and conservative Pennsylvanians?  Sestak has been loyal to the Democratic agenda that is clearly turning a bluish Pennsylvania purple with a strong red hue.  He is a sure Democratic vote for a Senate that is likely to remain in Democratic control.  If these are qualities that make him a stronger candidate in the general election in the minds of Democrats, it appears Democrats have little if any comprehension of the battles ahead in November.  

Donald Berwick: Health care must redistribute wealth

Obama's nominee to head Medicare and Medicaid, Donald Berwick, can be seen applauding the British health care system in this video clip of a 2008 speech given in the UK.  Those of you following Obama administration nominees will find it shocking, I am sure, to find Berwick is a professor at Harvard University.  Will there be any left by the time Obama is done making all his appointments  I wonder.  The Washington Post adds Berwick is a, "leading advocate for improving health-care quality and efficiency."  He also appears to be an unapologetic advocate for wealth redistribution as you will see in the video below.

If approved, Berwick will be tasked with heading two entitlements on course to bankrupt the county.   Under those conditions, Berwick will have a redistribution Mardi Gras to look forward to at CMS.   Criticisms of Dr. Berwick's admiration for the British health care system and wealth distribution are already being dismissed as political.  One thing is certain, now that we have the opportunity to find the hidden gems in the health care law, Dr. Berwick has the honor of answering for the law in his hearing.  To the victor belong the spoils, as they say:


Wednesday, May 12, 2010

Paul Ryan Corrects the Record for The New York Times

Rush Limbaugh just read this editorial from the New York Times that suddenly notices the potential for the debt crisis in Greece to rear its' head in the United States. Really, New York Times - really, thanks for pointing that out for us; I am sure I could never have caught that one on my own. Still, the editorial is full of misinformation. Paul Ryan responded on Facebook to correct the record on one factual inaccuracy in the Times editorial:
To the Editor:

I am hopeful that your reporting on the situation in Greece can help spur action here at home to avert our own debt crisis. Yet your recent front page story (5/12/10 - “Greece, Debt, and a Lesson”) provides a troubling reminder of why forging specific solutions remains so vexing, as David Leonhardt grossly mischaracterized what remains the only proposed solution to lift our crushing burden of debt. Leonhardt reports that my reform plan, A Roadmap for America’s Future, would “end Medicare for anyone now under 55 years old.” This is factually inaccurate.
Under my plan, Medicare would be reformed for those under 55 by slowing its projected explosion of growth, giving future beneficiaries the resources and choices they need to secure a plan for themselves, with additional assistance for those with greater needs. Under my plan, Medicare’s level of funding per beneficiary continues to grow every single year and Medicare outlays exceed $1 trillion dollars by 2022. Far from ending Medicare, my plan reforms the program to save it for future generations. In addition to irresponsible politicians continuing to make promises that cannot be kept, tackling our fiscal crisis must also overcome sloppy journalism that echoes factually incorrect partisan attacks. The continued demagoguery on entitlement reform exacerbates our plunge toward a debt crisis – the surest way to cripple our social safety net. We can – and we must – do better.

Sincerely,
Paul Ryan

Wisconsin’s First District Congressman
Ranking Member House Budget Committee
20 South Main Street, #10
Janesville, WI 53545
608-752-4050

There was a method to the Times madness in misrepresenting the changes to Medicare under Paul Ryan's Roadmap.  Shocking, I know.  The Times prefers to suggest to readers Democrats are more on track to solving US fiscal problems:
Democrats have more of a strategy — raising taxes on the rich and using health reform to reduce the growth of Medicare spending — but it is not nearly sufficient.
No kidding the Democrats' strategy is not nearly sufficient.   Nothing that has been done via health care is on track to reduce the growth of Medicare spending.  Nothing.  Every time we turn around, the CBO or outside sources point out the numbers used to sell health care were smoke and mirrors.    More bluntly, they were full of lies the Times and other members of the media were only too happy to spread.

Raising taxes on the rich has met the same fate as all other Obama promises:

“The president has been very clear about what he prefers,” Orszag said under questioning from Thomson Reuters’ Chrystia Freeland. “That was his stance during the campaign, and he still believes that’s the right course forward. But he has also been very clear that we shall let the commission go do its work.”
“It appears that the president’s ‘promise’ is being morphed into a ‘preference,’ ” Hensarling told me.
Freeland followed up, asking if that means the White House might be open to the idea. “Perhaps here’s some give there?”
“I don’t feel like I’m in a position to say that there will be any give there,” Orszag parried. “But the president has been very clear that the commission should go explore whatever options they all deem to be appropriate.”
Is there no one at the Times capable of a Google search these days?  Though Orszag's statements here are recent, he has been hinting at raised taxes for some time now.  Paul Ryan's plan does not involve raising taxes,  but it would require some pain, no doubt.  The Times sees the solution in raising taxes, however, to keep the wonderful services citizens demand in a "richer" society:
As societies become richer, citizens tend to want better schools, better medical care and other government services. This country is following that pattern, but without paying the necessary taxes. That combination has us on a course to Greece-like debt.
 Maybe the Times should check the polls, no one was demanding that health care bill be passed but the cheer leading media, the left-wing of the Democratic party and those led to believe the whole thing was going to be free.  No wonder people haven't been paying for the services we supposedly demand.  Had the President been honest about the cost and "savings" of health care, Americans would have rejected the plan in even larger numbers.  Were they rushing that bill through before the CBO numbers were properly evaluated because the true estimates would bolster support for the bill?  I think not.

Still, as Ryan points out, the Times article serves to educate the public some painful choices will need to be made before we are forced, as Greece is, to make them in the heat of the crisis.   The Democrats will see tax increases as the solution to pay for a large government.  Conservatives, such as Ryan prefer downsizing the size of government and being honest with people about what changes need to be made to Medicare and Social Security to preserve the programs.  Journalists concerned about the fiscal cliff we face as Americans might want to try something novel, stick to the facts when reporting the choices Americans will need to make.

David Horowitz asks a single question, eliciting a very revealing response

H/T: The Right Scoop

David Horowitz, Editor-in-Chief of News Real Blog, spoke Monday night at UCSD to offer balance of opinion as the Muslim Student Association(MSA) sponsored Israeli Apartheid Week: A Call to Boycott, Divest, and Sanction Israel – May 10th – May 13st, 2010 on campus. Horowitz received a question from a student Jimena Imad Musa Ahmal Bahiri, who seems intent on showing Horowitz as spreading false information about connections between MSA's and Jihad terrorist networks.  The entire exchange, seen in the video below, is fascinating.  It is Horowitz final question to the student, however, that uncovers a profound hatred in the young woman:

MSA member: If I support Hamas, because your question forces me to condemn Hamas.  If I support Hamas, I look really bad.
Horowitz: If you don’t condemn Hamas, obviously you support it.  Case closed.  I have had this experience at UC Santa Barbara, where there were 50 members of the Muslim Students Association sitting right in the rows there.  And throughout my hour talk I kept asking them, will you condemn Hizbollah and Hamas. And none of them would.  And then when the question period came, the president of the Muslim Students Association was the first person to ask a question. And I said, ‘Before you start, will you condemn Hizbollah?’ And he said, ‘Well, that question is too complicated for a yes or no answer.’  So I said, ‘Okay, I’ll put it to you this way.  I am a Jew.  The head of Hizbollah has said that he hopes that we will gather in Israel so he doesn’t have to hunt us down globally.  For or Against it?
MSA member: For it.
Horowitz: Thank you for coming and showing everybody what’s here.
As you will see in the video, the young woman appears to have spent much if not all of her life in America.  She has little if any discernible accent when she speaks.  She has been taught to feel this anger and hatred.  It seems highly unlikely to me she would be interested in truly hearing Mr. Horowitz's opinions.  Rather she uses the opportunity to reinforce her own beliefs.    Credit her with honesty for her willingness to state on the record she would support such a "goal."  If she were a wiser person she might find a future filled with violence against the Jews solves nothing.  It will, however, assure more war and despair for future generations in the Middle East.  How very sad.

News Real Blog has the entire transcript of the exchange seen in the video below.

Related: French Fashionistas Meet Mainstream Muslims

Tuesday, May 11, 2010

Public Reaction to Kagan Nomination Underwhelming

Via Memeorandum

Gallup polled the initial reaction toward the Kagan nomination and found some pretty underwhelming support for the nomination:


Gallup suggests the numbers are consistent with the reaction to the nominations of Harriet Myers and Samuel Alito.  This avoids the very obvious fact the support is lower for the Kagan nomination than any other nomination to which she is compared.   Gallup points to  the higher percentage of those sampled who offered no opinion of Kagan as explanation for her ratings as a good/excellent nominee.  Doesn't this assume those who offer no opinion would be inclined to rate the nominee favorably if they did offer an opinion?     If the percentage offering no opinion were reduced by 4 point and those point went to rating the nomination favorably, Kagan would still be on a par with Harriet Myers.  As Myers nomination failed, this is hardly a ringing endorsement.

Chris Matthews Blames Problems in Greece on Right Wing Government

Via Newsbusters 

You just can't make this stuff up.  I think Matthews' brain has been pickled since the days when he voted for Bush.  During an interview with  CNBC's Jim Cramer, Matthews makes his latest in a long long series of bizarre statements.  This time his focus is on Greece and the "right-wing" dictators Matthews believes governed Greece since the Cold Ware era:


Monday, May 10, 2010

Really New York Times - Really?

Via Memeorandum

I had a busy day moving the daughter out of her college dorm today and have a meeting I must attend tonight. I have just enough time for a quick post here so here goes.

I noticed an interesting post by Jazz Shaw promoted from the Green Room to the front page at Hot Air. In a fine catch by Shaw, he noted The New York Times recently offered Greece a bit of hypocritical advice:
Among the most significant features of the plan, a Greek government official said, would be a measure making it easier for the government to lay off some of the many thousands of public sector workers, whose low levels of productivity and high wages are a big contributor to Greece’s debt problem. Until now, the government has not been able to lay off civil servants, whose employment rights are in effect constitutionally guaranteed.

Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.
Cut the size of government and get the government out of private industry certainly seems like advice the United States might have benefited from back in the days of  the health care debate, the auto bailouts and TARP.  The Times was busy cheer leading those efforts, rather than offering unbiased coverage of the benefits of smaller government. Perhaps it is easier to recognize the problem when it is in someone else's backyard.  Really though, NYT, is it that hard to see we are headed down the same path - really?

Meanwhile Robert Samuelson, thinks the fate of Greece awaits most wealthy countries in the near future:
What we're seeing in Greece is the death spiral of the welfare state. This isn't Greece's problem alone, and that's why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven't fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.

Americans dislike the term "welfare state" and substitute the bland word "entitlements." Vocabulary doesn't alter the reality. Countries cannot overspend and overborrow forever. By delaying hard decisions about spending and taxes, governments maneuver themselves into a cul-de-sac.
While we're maneuvering ourselves into the cul-de-sac with Greece, this seems like the perfect opportunity to embed this clip from the best Saturday Night Live in ages.


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