Monday, April 06, 2009

Free kibbles

Obama's talk about abolishing all nuclear weapons is an irresponsible fantasy that does nothing but distract the public from real issues. That's probably why he brought it up. No nation is going to willingly give up the ultimate weapon of deterrence, including, or maybe especially, the US. I'm sure it makes liberals feel tingly all over to have him talk about it, but it's a lie. Reducing nuclear stockpiles and nuclear proliferation is a different story, and Obama should have stuck to that.

Speaking of which, if we want to stop nuclear proliferation, we have to punish countries for it. But I agree with the WSJ prediction that North Korea will benefit from its missile launch, not pay a price.

Like I said, all the onerous restrictions government attached ex post facto to bailout funds is making companies try to avoid those funds like the plague or give them back. This is a good thing. But President Obama doesn't want to give up his power over those companies, so it's trying to backtrack on all the restrictions. To circumvent the law, Obama is setting up a middleman entity that government gives money to, then that middleman entity gives it to companies, so it's not subject to law. How Bush-like. Government is force, and brute force is dumb. Anybody company which asked for a bailout deserves to live in a hell of their own making. That'll teach other companies not to repeat that mistake. The WSJ agrees that Obama doesn't want TARP money back, and is threatening banks that try to give it back, because he wants to use that leverage to control banks. He's a Marxist. What did you expect?

Every private industry is losing jobs, but government keeps growing. That's what happens when you have a Marxist president.

The WSJ doesn't think the US should join and thereby legitimize the UN Human Rights Council.

Obama pledges to go ahead with missile defense in the Czech Republic, much to the surprise of he Czechs. This is smart even if he only intends it as a bargaining piece, especially after the way the Russians and Iranians made Obama look like a fool for his overtures toward them.

Vermont is the country's most taxing state for individuals.

Why does Barack Obama care if Turkey becomes a member of the EU? Somebody remind him he's president of the US, not the world.

Maybe somebody should tell Obama that Antarctica is a huge continent, and few cruise ship tourists aren't going to affect its environment. This is just exercising power for the sake of exercising power.

Pentagon proposes weapons cuts to reorient military around small engagements instead of big, set-piece wars. It's about time.

Mises explodes Greenspan's excuse, saying that his monetary policy didn't create the housing crisis, China's savings did, with real data and real graphs and also shows that Greenspan's monetary policy in fact create the Chinese "savings glut" he blames.

Dick Morris call the outcome of the G-20 summit, global regulations for all, a repeal of the Declaration of Independence.

Great quotes from random thoughts by Thomas Sowell:
Barack Obama seems determined to repeat every disastrous mistake of the 1930s, at home and abroad. He has already repeated Herbert Hoover's policy of raising taxes on high income earners, FDR's policy of trying to micro-manage the economy and Neville Chamberlain's policy of seeking dialogues with hostile nations while downplaying the dangers they represent.
...
Barack Obama's favorable reception during his tour in Europe may be the most enthusiastic international acclaim for a democratic government leader since Neville Chamberlain returned from Munich in 1938, proclaiming "peace in our time."
...
How a man who holds the entire population of a country as his prisoners, and punishes the families of those who escape, can be admired by people who call themselves liberals is one of the many wonders of the human mind's ability to rationalize. Yet such is the case with Fidel Castro.
...
What does "economic justice" mean, except that you want something that someone else produced, without having to produce anything yourself in return?
...
Socialists believe in government ownership of the means of production. Fascists believed in government control of privately owned businesses, which is much more the style of this government. That way, politicians can intervene whenever they feel like it and then, when their interventions turn out badly, summon executives from the private sector before Congress and denounce them on nationwide television.
Nice closure with a reference to liberal fascism.

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