I don't have a big problem with Russia building a nuclear power plan in Iran as long as it can't be used for weapons, but it does help prop up the Mullah's regime, and I don't care for that. But European trade does that as well.
I'm with Russia that the EU needs a new security architecture instead of continuing to have the US provide security welfare in the form of NATO. I hope this does stop the expansion of NATO. NATO is a cold war dinosaur, a titanic welfare program that actually funds Europe's welfare states, and it needs to be dissolved in favor of a security structure in which Europe pays for its own security and becomes full partners with the US in securing western interests around the world. I hope this idea takes off. The problem is, like all welfare, this arrangement is poisonous. The recipient is addicted to the seemingly free security from which they can criticize the provider without consequence and the provider is addicted to the power and control.
State employee gets paid $93,803 to do nothing.
University holds global warming conference in minus 6 degree weather. I bet even Al Gore laughs at the gullibility of global warming true believers. All the way to the bank.
City owned power company shuts off power to WWII vet, leading him to freeze to death. As tragic as this story is, and the city certainly has culpability for turning off his power in winter, this man could have saved himself from freezing to death by either paying his bill or visiting a neighbor or family member.
This article on Obama pulling a power grab over the Census Bureau is disingenuous. It's standard operating procedure for the party in power in Congress to gerrymander congressional districts to their benefit. Tom Delay didn't do anything any different than Democrats had done for decades, though Democrats help power for so long, there didn't need to be much gerrymandering from decade to decade. But Mr. Bipartisanship's power grab to pull the Census Bureau into the White House is extremely dangerous.
You can read the stimulus if you have time to wade through the 1,588 pages, so far. You can bet our representatives haven't read it all.
I'm not the only one who thinks Obama is stupid. And I don't mean that flippantly. The man has repeatedly and often shown he's far less intelligent than either Dan Quayle and George Bush. Mises scholar puts it bluntly:
Barack Obama is stupid. This isn't a case of name-calling. The man has demonstrated a frightening lack of intelligence during his first days holding the honorary title "president of the United States". He thinks redistribution of consumption - in the amount of nearly one trillion fiat dollars - will "stimulate" the economy, and that failure to do this will unleash "catastrophe." It's one thing not to understand the basic tenets of economics, but to publicly stomp your feet when others refuse to ignore reality and embrace your false beliefs can only be interpreted as a lack of basic intellectual capacity.
I couldn't agree more. Obama keeps saying he doesn't want to repeat the same tried and failed policies from the last 8 years, but irresponsible spending is the tried and failed policy of the last 8 years, and Obama is doubling down on that failed policy.
The stimulus ideas keep getting sillier. This guy recommends government send every American a $2,000 gift card so the people can't save the money or pay of debt - they'd be forced to spend it. This won't stimulate the economy either. These one time "benefits" (they're not really benefits because we have to pay for them and we have to pay the interest on them) like tax credits and gift cards don't change people's behavior so the economy isn't stimulated. If implemented, this idea would give retail stores a month of big sales, then it would be over. Except for paying the exorbitant bill.
Billion is the new million. Corollary: trillion is the new billion. Yikes.
Mises scholar explains that banks should raise interest rates, not lower them, during a recession. Doing so causes short term pain as it washes bad investments out of the economy, but the resulting economy is stronger than ever.
The Fed continues to pump reserves into banks which now hold over $700 billion. Just looking at the spike at the end of this graph should tell any observer the Fed is doing tremendous damage to our currency.
I think calling President Obama's overtures to bipartisanship "window dressing" is an accurate description. Obama has done nothing but invite Republicans to vote for radical leftist positions. When they didn't, he stopped inviting them and started bullying them. That's not bipartisanship. That's thuggery.
Look at what we have done. We've empowered a few aristocrats to sit isolated in the back rooms of Washington and plan the takeover of our banking industry. To make the program more popular, they're going to change its name. That ought to do it. This is the definition of central planning. Everybody keeps calling for a plan, and the root problem is central planning itself. Stop calling for plans and start calling for freedom. Freedom is the solution to our problems, not central planning. I feel like I'm in a bus going over cliff, half the people in the bus are saying we need one plan to go faster, and the other half are saying we need a different plan to go faster, and only a few of us are trying to stop the bus. And once we're in free fall, the parties who were arguing on how to race faster to our destruction will blame each other.
Thomas Sowell says Senate Republicans, who proposed price controls - fixing mortgage rates at 4 percent - are still acting like Democrats. Sowell likes Michael Steele because he's a good communicator.
Walter Williams explains that the promise of Social Security is a lie because it is a Ponzi (pyramid) scheme.
Charles Krauthammer shows how quickly Obama changed from the man of hope into a fearmonger and how Obama nominated quite a few lobbyists despite pretending to be against lobbyists. That's change we knew was coming.
The Age of Obama begins with perhaps the greatest frenzy of old-politics influence peddling ever seen in Washington. By the time the stimulus bill reached the Senate, reports The Wall Street Journal, pharmaceutical and high-tech companies were lobbying furiously for a new plan to repatriate overseas profits that would yield major tax savings. California wine growers and Florida citrus producers were fighting to change a single phrase in one provision. Substituting "planted" for "ready to market" would mean a windfall garnered from a new "bonus depreciation" incentive.
What the hell is Obama doing negotiating with Russians before he's president? Remember how many times he stood up and said there's only one president at a time? This guy is a world class liar in the Bill Clinton tradition. If Henry Kissenger can work out a deal with the Russians to reduce nuclear arsenals on behalf of Obama, more power to both of them, but Obama should have waited until he was sworn in. Unfortunately, Kissenger was incredibly weak in dealing with the Soviets during the Cold War, and Obama's weak now. I hope they don't negotiate a deal that gives the Russians an advantage.
Reason calls for abolishing the corporate income tax. Good luck with that.
This liberal can't seem to understand the difference between tax cuts and spending increases. Tax cuts reduce the burden of government while spending increases increase the burden of government on the people who make America work and make it great. Bush's tax cuts were good for the economy. Unfortunately, he didn't cut spending to match. He irresponsibly increased spending, drove up the debt, and that spending and debt did great harm to the economy. I'll write the rules real simple so this liberal can understand them. Tax cuts good. Spending increases bad. That should clear everything up.
Alaska's senate finds Sarah Palin's husband and several state officials in contempt for failing to respond to subpoenas. I'm sure the offenders are quaking in their boots. The senate was smart not to pursue punishment because the courts would have slapped them down. The legislative branch is a co-equal branch of government, not the boss of the executive branch, and it can't force the executive branch to bend to its will no matter how many temper tantrums like this it throws.
Michigan senator who happens to be the wife of man who's twice failed big-time at liberal talk radio wants to use the Fairness Doctrine so her husband won't have to compete to be on the radio. This is more corruption in Washington.
Even NPR thinks we're being overexposed to Obama.
Rich Lowry has it right. Obama's only argument for this stimulus stimulus boondoggle is that he won. But he didn't run on this horrible stimulus boondoggle. He ran on a platform of cutting taxes. He claimed he was going to cut taxes for 95 percent of Americans. Well, Obama, if your stimulus bill had reduced tax rates for the lowest 95 percent of earners, this bill would have passed in minutes. You could have fulfilled a campaign promise right off the bat and had 95 percent approval ratings. But instead you pushed this $900 billion earmark for Democrats special interests, and you're paying for it. This bill is the antithesis of what he fooled people into believing he supported.
The Democrats' Marxist roots aren't just showing - they're flying like flags. Barney Frank says Democrats might expand executive pay limits to every business in America. Obama's Treasury Sec. Geithner agrees with Frank. Frank also wants government to regulate conflicts of interest in businesses. This from the guy who protected Fannie and Freddie from regulation while his lover was making millions working for them while they were cooking the books. We did this to ourselves by voting for the 2 failed parties that are destroying our country.
This story about the Mexican drug cartels is just scary. They're hiring soldiers right out of the military. 17,000 soldiers deserted in 2008.
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