Free kibbles

Here's the headline that greeted me first thing this morning: Fed commits $800 billion more to unfreeze lending. So the Fed just made Americans $800 billion poorer. I don't know about everybody else, but I see and hear ads for loans all day long. Lending in general is not frozen. Where is the disconnect? The failure of all the programs to fix the credit problem show that central planning is always counterproductive. Includes money for credit card loans and other consumer lending. Nobody has to to be responsible anymore. Where do I get my loan for booze and playing the ponies?

Russia has learned the hard lesson of being a one trick pony. It's entire economy is based on oil, and the collapse of oil prices as driven Russia into deep crisis. This highlights the greatest lever we have to win the new Cold War of Terror - domestic energy development. If the US got rid of its energy policy in favor of a free market in domestic energy, Russia, Iran, Venezuela and other nations waging this new Cold War against us would suddenly become impotent. If we adopted the FairTax, enabling the free flow of capital in America and drawing in trillions in capital from outside the country, alternative energy in the US would blossom, and China, left alone because those other countries wouldn't have the money to assist them, would be defanged and be forced to move toward freedom and peace.

It turns out that the ship sunk by the Indian Navy was a hijacked ship, not the pirate mother ship. They still killed pirates and denied them a prize.

Obama is trying to make his horrific spending plans more palatable with meaningless rhetoric about budget cuts. He's unlikely to cut $1 billion in existing spending while enacting his $800 billion in new spending. In an attempt to make Obama look good, Reuters headline talks about Obama's minuscule budget cuts instead of his massive spending increases. If he does manage to cut $1 billion, the press will act like he's a greater fiscal conservative than Reagan.

Isn't it ironic that despite all the damage unions have done to automakers, Democrats want to give them card check so they can harm more businesses. Maybe ironic isn't the right word.

Obama is choosing which reporters he will take questions from before his press conferences. He's either handing out favors, picking friendly reporters to make himself look good, or the questions and answers are prepared in advance. All of this is terribly dangerous and shows how poor Obama is at thinking on his feet. Controlling the press is change we can believe in. And that "office of the president-elect" sign is a joke - it literally looks like something SNL would put up to lampoon Obama's arrogance.

The Washington Post celebrated the end of the Fairness Doctrine in 1987. It'll be interesting to see what position they take now.

I guess Barack Obama is following the lead of the Michigan governor for his green economic stimulus because it's done so much good for Michigan's economy.

Michigan State University has installed footbaths for Muslims.

Thomas Sowell explains that this credit crisis is being blown all out of proportion in order to help government destroy the US economy for political gain.

Pat Buchanan explains that Russian President Medvedev has opened the door to negotiations with Barack Obama. I'm sure he has. But what's key here is that Obama has an opportunity to divide Russia from China to help us win this new Cold War of Terror. There's plenty of opportunity to calm tensions with Russia in Eastern Europe, but it begins with disbanding NATO and winning Russian concessions in the process. I doubt Obama will see it that way. I bet he'll just appease both and both will gain further advantages on us.

Study shows that in schools in poverty areas, math teachers don't know math. There's a shortage of math teachers who are willing to work in those schools. And that gets back to discipline. Because discipline has been abandoned by government schools, many are unsafe, and the best teachers refuse to work in an unsafe environment. This would not happen if there was school competition. Parents would demand discipline if they were responsible for their kids' educations, and schools would demand discipline if they had to compete for students.