You Should’ve Listened to Glenn Beck

Back in May, Rep. Anthony Weiner (D-N.Y.) made himself political point-man for a left-wing attack on Goldline — which just coincidentally happens to be one of Glenn Beck’s few remaining advertisers. (Beck’s show is the No. 1 cable news program in its time slot, but has lost advertising revenue because of the Left’s vitriolic boycott campaign.)

Weiner said that Goldline “takes advantage of fears about President Barack Obama’s stewardship of the economy — which are stoked by its stable of paid conservative endorsers including Beck, Mark Levin, Laura Ingraham and Fred Thompson — ‘to cheat consumers.'”

What Weiner and his allies on the Left were saying is that, because Goldline advertised on Beck, it was wrong for Beck to tell his viewers that gold is a wise investment in a time of economic instability. But I advised:

Everybody Should Buy Gold, Even If
Glenn Beck Gets Paid to Tell You So

Gold was then selling at $1,192 an ounce. And now? How does $1,399 an ounce sound to you?

So if you had listened to Glenn Beck and bought gold in May — when Anthony Weiner was telling you that Beck was part of a scheme “to cheat consumers” — your investment would have made you a profit of 17.4% in six months. And check out the news today:

Gold gained in New York as European debt concerns spurred demand for a protection of wealth and as faster inflation in China boosted demand for commodities.
Gold futures climbed to a record $1,424.30 an ounce on Nov. 9 on concern that some European governments may struggle to raise funds. Portuguese and Spanish government bonds declined on mounting concern that nations on Europe’s periphery will be forced to restructure their debt. All six main industrial metals on the London Metal Exchange gained after China’s inflation reached a two-year high.
“The re-emergence of sovereign risk should ultimately help the yellow metal,” Edel Tully, an analyst at UBS AG in London, said in a report. “Rising inflation is one of the single biggest factors driving China’s appetite for gold.”

Did you catch that? Now the Chinese are buying gold.

Maybe they’re watching Glenn Beck in Beijing.

UPDATE: Malice or incompetence? “It’s almost as if the Feds are purposely trying to destroy our currency. That, or they have no clue what they’re doing.”

UPDATE II: Five weeks ago, I suggested that rising stock market indexes were actually a reflection of inflation: Stocks were going up in dollar amounts, because the dollar was losing value. Now, via Instapundit:

“By pushing the dollar down 15%, the Fed managed to goose the S&P 500 by 19% since June 1. Stated that way, the leap in stocks can be seen as mostly the result of the Fed’s eradication of the dollar’s purchasing power. Priced in wheat, which has soared 71% since June, then the U.S. stock market has woefully underperformed.”

In the long run, markets cannot be deceived.

UPDATE: Welcome, Ace of Spades HQ Morons. And I mean “moron” as a compliment, having done quite a bit of commenting there over the years, occasionally under such pseudonyms as “Chuck Norris’ Left Testicle.”

Winners and Losers

Right Wing News polled conservative bloggers:

1) Out of the following people and groups, which do you think was the most valuable player in the election cycle?
Jim DeMint: 10.6% (7 votes)
The NRCC: 16.7% (11 votes)
The NRSC: 0.0% (0 votes)
Sarah Palin: 62.1% (41 votes)
The RGA: 9.1% (6 votes)
The RNC: 1.5% (1 vote)

2) Out of the following people and groups, which do you think did the most disappointing job during the election cycle?

Jim DeMint: 0.0% (0 votes)
The NRCC: 4.5% (3 votes)
The NRSC: 55.2% (37 votes)
Sarah Palin: 6% (4 votes)
The RNC: 34.3% (23 votes)
The RGA: 0.0% (0 votes)

Sarah Palin wins, John Cornyn loses. You can read the rest at Right Wing News.

Meanwhile, Allahpundit notes that Palin’s favorable ratings are up.

LIVE AT FIVE – 11.11.10

TOP NEWS

Iraqis Agree On Unity Government

PM Nouri Al-Maliki meets with former PM Iyad Allawi in June

Shiite Maliki To Remain PM, Kurd Talalbani Remains President, Secular Allawi’s Role As Yet Undefined; May Head New Security Council.

G-20 Leaders Gather Amid Currency, Trade Tensions
A quick primer from the WSJ

Crippled Cruise Liner To Reach San Diego Later Today
Left powerless after a fire in the engine room, the Carnival Splendor is being towed to port.



POLITICS

Deficit Panel Draft Leaks; Democrats Howl Loudest

Erskine Bowles (L) and Alan Simpson (R) of the deficit reduction commission

Calls for abolition of popular tax credits, cuts to social Security, Medicare, and other spending, raise in retirement age.

Bachman Drops Bid For Conference Chairman Slot


Write-In Ballot Count Starts In Alaska

Nine House, Governor Races Remain Undecided

FDA Proposes Graphic Warnings For Cigarette Packages
Because nobody’s figured out that cigarettes are bad for you.



THE ECONOMY, STUPID

Cisco Stock Plunges On Bleak Outlook

ROK/US Trade Talks Go Down To The Wire

PRC October Inflation Accelerates to 4.4%, Highest In Two Years

Samsung’s Galaxy Tab Is iPad’s First Real Rival

“Call Of Duty: Black Ops” Breaks One-Day Sales Record @7 Million Units

Android Now #2 Phone OS



SPORTS

Moss Gets To Work As Titans Prep For Dolphins

Randy Moss works out with the Titans

“I am not coming here to start no trouble. I am just coming in here to work every day and hopefully win.”

Mariners Broadcaster Dave Niehaus, 75, Dies


Nyets Rally In Second Half To Beat Cavs, 95-87

Yao Injured As Rockets Collapse Against Wizards

Veteran Scott Rolen Wins Gold Glove Over Nats’ Ryan Zimmerman

Front Row Lap Dance At The Cowboys Game (Video)



FAMOUS FOR BEING FAMOUS

Demi Lovato Doing Coke On Camera?

Demi Lovato, while not allegedly doing blow

Disney looking at plan B for “Sonny With A Chance” while Demi’s in rehab

Pink Is Pregnant

Some Women Should Not Wear Bikinis. Ke$ha Is One Of Them.

Vanessa Hudgens Will Make It All Better.


Wes Anderson Attracts All-Star Cast For “Moon Rise Kingdom”

Daniel Radcliffe Dishes On Kissing Emma Watson



FOREIGNERS

Whining Commences Over G-20 Security Fence In Seoul

British Claim Parcel Bombs Set To Detonate While Planes Over East Coast

Iraqi Christians Suffer From Al-Qaeda Persecution; PM Al-Maliki Promises Protection But One-Third already Fled Abroad

Sri Lanka Publishes Porn Faces In Crackdown



BLOGS & STUFF

Greg Mankiw: Deficit Commission And I Thinking Alike

Sundries Shack: Rich Get Richer  – In The Federal Government

John Nolte: Pleasing Republicans Necessary For Network Success

Althouse: Bush Talks About Supreme Court Nominees

Gateway Pundit: W Schools Matt Lauer On Economics (Video)

Dennis The Peasant: Go Ahead And Take Away Our Light Rail. Nobody Cares.


— compiled by Wombat-socho

VIDEO: Zombie Six Flags

Brief explanation:

Six Flags New Orleans, which closed as Hurricane Katrina approached in 2005 and has never reopened. The sign outside the park still announces that it’s “CLOSED FOR STORM.”
The theme park was in New Orleans’ Ninth Ward, one of the hardest hit areas during Katrina and the flooding after the storm. Though many of the rides still stand, Six Flags says that saltwater from the flood has corroded them to the point that they cannot be saved. . . .

Demi Lovato’s Downward Spiral

Once you get dumped by Joe Jonas, you need something for the pain:

She was doing line after line [of cocaine] like a pro — and she was 17 at the time.

Let’s see: Britney Spears, Lindsay Lohan, Demi Lovato . . . Is there an ex-Disney child star who hasn’t turned into a celebrity basket case yet?

Does anyone want to bet that, within a year, Miley Cyrus will either be (a) busted for DUI, (b) hospitalized for rehab, or (c) both?

Double-or-nothing if she ends up dating Keith Olbermann.

UPDATE: One of my Twitter friends remarked: “What does Disney do to those girls? Did Hayley Mills ever have problems?”

For benefit of younger readers, it is perhaps necessary to explain that Hayley Mills was the star of a number of wholesome old-time Disney movies, including the 1961 original version of The Parent Trap.

So, did Hayley Mills have problems? According to Wikipedia: In 1971, at age 25, she married the 58-year-old man who had directed her in a 1966 movie. They divorced a few years later, and Mills eventually became a Hare Krishna.

Not quite the drugs-DUI-and-rehab trip of latter-day Disney girsl, but I guess Mills’ bio might qualify as “problems.”

Semi-Literate Man Writes Book ‘Appealing to the Better Nature of Pedosexuals’

He’s just a disinterested advocate for child safety:

Thousands of people on the Internet may be protesting Amazon’s decision to continue sales of a self-published book on pedophilia, but at least one person stands by its decision: the author.
Philip R. Greaves II, author of the electronic book, “The Pedophile’s Guide to Love and Pleasure: a Child-lover’s Code of Conduct” . . . argued that his critics are misunderstanding the point of his book.
“They’re accusing me of wanting to hurt children. They’re accusing me of encouraging pedophilia and all these other things. But that’s not why I wrote the book,” the 47-year-old from Pueblo, Colo., said. . . .
“This is my attempt to make pedophile situations safer for those juveniles that find themselves involved in them, by establishing certain rules for these adults to follow,” the author wrote in the product description. “I hope to achieve this by appealing to the better nature of pedosexuals, with hope that their doing so will result in less hatred and perhaps liter [sic] sentences should they ever be caught.”

Note that Greaves (a/k/a, “Ray”) misspells “lighter” and that he misspelled “variety” in the description of his previous book, The Grand Book of the Godless and Free: The Fall of Faith and the Rise of Reason:

Phillip R. Greaves, 2nd. is a rogue scholar with respect to the topics of religion, sexuality and politics. “The Grand Book Of The Godless And Free,” is a collection of essays regarding these general subjects with titles exploring the nature of “God” to parenthood for single-gender families. This is a contraversial volume presenting the often unique views of the author. Thus far, everyone who has read this work has been impressed by its wit and depth. Ray (as he is more commonly known) began his path to knowledge and enlightenment at the ripe old age of ten. When he left the Baptist tradition in which he had been raised and sought-out a new faith beginning with his studies at the local library. He was already familar with sex by the age of seven. Soon he met a varity [sic] of people from foreign lands and cultures, from whom he acquired much additional knowledge. Later he joined the Christian cult of the Way Ministry, followed by his joining the Baha’i Faith at the age of eighteen. Next, Ray joined the U.S. Army. Eight years later he embraced the view of rational disbelief, which he is happy to share and discuss with the world. Mr. Greaves is an admirer of Aristotle and Ayn Rand’s Objectivism.

Why are these misspellings and the general clumsiness of Greaves’ writing relevant? Because Greaves is not a professional writer.

He does not write for money. His book is not commercial product. Ergo, he is an amateur, whose writings are the product of deeply felt personal beliefs in (a) the non-existence of God, and (b) sex with children.

Greaves himself says that he was “familiar with sex by the age of seven” and we have reason to believe that he thinks that’s just hunky-dory. He gave an interview to The Smoking Gun:

In an interview today, the author at the center of a controversy about Amazon’s sale of a self-published pedophile’s guide told TSG that he has sold exactly one copy of the book and revealed that he was involuntarily hospitalized following a “mental breakdown.”
Noting that, “I have what they call manic depression,” Phillip Greaves, 47, said that he himself was not a pedophile and said that “the best advice I can give a pedophile is accept that masturbation is your best friend.” . . .
Speaking from his Colorado home, Greaves said that he was introduced to sex at age seven by a 10-year-old girl. “I learned about oral sex that day,” he recalled. Greaves said that he continued to engage in sexual activity with other children until he was 15 . . .
Greaves denied ever being arrested, but revealed that his mental troubles “came to a head about three years ago” when he suffered a “mental collapse.” . . .
The breakdown was so severe, said Greaves, that he was involuntarily hospitalized for about nine months, and spent some of that time in a state mental facility. When he emerged from that hospitalization, Greaves recalled that he decided to go back to writing, which he first started doing while in eighth grade. . . .
He said [criticisms of his book] were based only on the book’s title since, “I’ve sold one copy so far.”

Please understand that I’m not arguing for banning online writing by psychotic perverts — where would DailyKos be without them? — but I am saying that this points to the truth of Samuel Johnson’s maxim: “No man but a blockhead ever wrote, except for money.”

In the age of online DIY publishing, anyone can become an author. But what is the point of publishing a book that no one will pay to read?

But why bring Ted Rall into this?

On the one hand, everybody hates media “gatekeepers” — the publishers, editors and others who exercise control over what gets into print or onto the broadcast airwaves. Yet free-for-all amateurism has its pitfalls, too. The profit motive is often said to inspire evil, but most evil tends to be a not-for-profit enterprise.

Exit question: What will Objectivists say about being endorsed by Phillip “Ray” Greaves?

Category: Sex

Yglesias: Asking NIH to Get By On 95.7% of Its Current Budget? The Sky Is Falling!

“Dire consequences,” the Harvardian at Think Progress says, echoing predictions of “devastating” results from . . . uh, the director of the agency whose budget might get cut by 4.3%.

No matter how serious the deficit, there will always be intellectuals who tell us that any proposal to reduce federal spending — even by a measly 4.3% — is devastating, catastrophic, apocalyptic, whatever scary adjective comes to mind.

Thus the draft proposal of President Obama’s bipartisan deficit-reduction commission is “unacceptable” to Nancy Pelosi, who perhaps doesn’t realize that she recently lost the power to declare what is or is not “acceptable” in Washington.

Allahpundit recommends the collection of “apocalyptic quotes from hysterical progressives” aggregated by ABC’s Jake Tapper. But Tapper also quotes Grover Norquist saying “this commission is merely an excuse to raise net taxes on the American people.”

Ace invokes P.J. O’Rourke’s Parliament of Whores.

UPDATE: A belated welcome to Instapundit readers. By now you know that the White House has given in on the “Bush tax cuts” — which thereby become the “Obama tax cuts.” Did you know, however, that you could have made a profit of more than 17% in six months if you had listened to Glenn Beck?