Pontificating before Congress, he says his free market ideology had a flaw, and he should have supported regulation of derivatives. That's baloney. He should have kept the money supply tighter to keep inflation down. That was his job. Instead, his 15 years of loose monetary policy created this housing bubble that has caused so many problems. Greenspan is just covering up his real culpability in this mess. We're in a world of hurt because everything government is doing in response to this crisis is exactly wrong.
Republicans demand special council investigation of fraud in Fannie Mae and Freddie Mac. Naturally, Democrats resist. This investigation could topple Dodd, Frank, Obama, and others. I would love to see Jamie Gorelick busted.
NYCity council changes term limit law put in place by popular vote to allow Bloomberg to run for a third term. This is just nuts. Term limit laws are restrictions on aristocratic power, this case placed on government by the people. For aristocrats to overrule the people to give aristocrats more powers is an abomination to limited government and self rule.
Government threatens to shut down local gas station owner because he's selling gas at 30 cents less than his competitors.
Orsen Scott Card writes essay entitled Would the Last Honest Reporter Please Turn On the Lights. Bravo! An honest Democrat. I have to buy one of this guy's books.
Barney Frank says there are plenty of rich people out there to tax.
Stanley Kurtz points out that Obama was a member of and was endorsed by the radical left New Party, the electoral arm of ACORN, when he ran for state Senate in 1995, a fact conveniently ignored by the mainstream media.
Why raising capital gains taxes hurts the economy and reduces revenues.
US troops support McCain over Obama by 3 to 1.
How the Wall Street bailout is also a handout for Hollywood.
Socialists are upset that McCain is calling Obama a socialist. But they support Obama, so they're complaints are bogus.
In Murtha's twisted mind, apologizing for calling his constituents racists means calling them rednecks instead. Murtha is in a tight race for his congressional seat. Let's hope his constituents finally kick him out of office.
Obama and Democrats are licking their lips, waiting their chance to follow Argentina and tax all private retirement accounts.
The typically liberal AP poll has Obama up but only by 44 percent to 43 percent. That's crazy. This poll typically overestimates Democrat support by well over 5 percent. Poll claimed to have been the most accurate in 2004 has Obama up by only 1.1 percent. But Obama's announcement that he'll visit his sick grandmother gave the press plenty of time to set up in Hawaii for the crucial photo op 10 days before the election, so Obama should get a boost from that. It'll dominate the news cycle over the weekend. McCain should orchestrate a major speech for Friday evening to offest Obama's move.
Obama is preparing his transition plan as if he's already won the election. Let's hope he regrets jumping the gun.
Liberal explains that good, progressive government is supposed to take away private property rights.
MSNBC partners with ACORN, La Rasa and other far left-wing groups for voter coverage. Can MSNBC be more blatantly in the tank for Obama? This is a complete abdication of even the semblance of objectivity. This is a disgrace, and in a decent world it would lead to the disolution of MSNBC. I doubt it will, though.
3,000 academics support Bill Ayers. Do we need more evidence of the moral bankruptcy of liberal academia?
Did we really need a study to inform us that most of the media coverage of McCain is negative?
Contrary to what this Washington Post author thinks, government is not about sharing for the common good. Charity is about sharing for the common good. Government is not a charity. Government is about performing a few specific tasks like providing a justice system and providing for the common defense.
Thomas Sowell explains that polls are probably skewed more toward Obama even than usual because the press is more in the tank for him than usual and because people are afraid of being called racists if they don't publicly support him.
Video of McCain and others in POW camp.
Pat Buchanan asks the politically incorrect question, what if SNL mocked Michelle Obama and exposes the media for their failure to followup Biden's on repeated comments about an international crisis if Obama gets elected.
No amount of money is ever enough for a politician. Obama still hounding supporters for money.
Obama supporters are getting outrageously violent. Obama supporter carves 'B' into face of McCain volunteer. Obama supporter shoots up McCain signs and house displaying them. But the press wants to talk about phantom shouts at McCain and Palin rallies.
McCain's relationship to political criminal G. Gordon Liddy is not comparable to Obama's partnership with unrepentant terrorist Bill Ayers, but both relationships are fair game for debate and analysis, and even though Liddy paid for his crime, no politician should associate with him at all, let alone have him speak for him.
Radley Balko is right that nothing short of defeat will return Republicans to the idea of limited government for a short time. We're in a huge problem because if McCain wins, big government wins, and if Obama wins much worse big government wins.
Balko explains how government subsidies and restrictions on competition in the alcohol market helped make Cindy McCain's dad's fortune.
Thursday, October 23, 2008
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