Lying by Euphemism: ‘New Revenues’
Journalism is supposed to be about truth. Jackie Calmes and Jonathan Weisman of the New York Times are engaged in deception: With Republican leaders in Congress forswearing budget negotiations over new revenues, President Obama has begun reaching around them to Republican lawmakers with a history of willingness to cut bipartisan deals. “New revenues” = INCREASING TAXE RATES. President […]
Hugo Chavez, Looter
Weird that the New York Times would publish this: The legacy of his 14-year “socialist revolution” is apparent across Venezuela: the decay, dysfunction and blight that afflict the economy and every state institution. The endless debate about whether Mr. Chávez was a dictator or democrat — he was in fact a hybrid, an elected autocrat […]
Obamanomics Fails — Unexpectedly!
Remember how, right before the election, we had about three weeks of media hype about declining unemployment and hopeful signs of economic recovery? Yeah. They lied through their teeth: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual […]
How Long Can the ‘Dollar Bubble’ Last?
If you think this is the solution, you are the problem “Sooner or later, you run out of other people’s money. Something that can’t go on forever, won’t. Debt that can’t be repaid, won’t be. Promises that can’t be kept, won’t be.” — Professor Glenn Reynolds Everybody who knows anything about economics — that is […]
The Choices We Actually Have
Reading the liberal Gin and Tacos blog yesterday — “It’s Not Like Intellectuals Hating Their Stupid Parents Is a Cliché or Anything” — I came across what the pseudonymous assistant professor of political science offered as a statement of his philosophy, a rant against libertarianism. That rant by “Ed” was inspired by an 2008 airline trip […]
Michael Moore’s Politics of Prejudice
Tonight, surfing around the channels, I happened onto Current TV — the progressive network that environmentally concerned Al Gore just sold to the oil-rich sheikhs of Qatar — and the network was showing Michael Moore’s 2009 documentary, Capitalism: A Love Story. Watching it, I noticed that Michael Moore wasn’t really trying to explain what caused the mortgage […]
They Told Me If I Voted for Romney …
. . . low-income minorities would have a harder time getting approved for mortgages — and they were right! The Consumer Financial Protection Bureau on Thursday will roll out the first of several far-reaching changes to the nation’s mortgage market, limiting upfront fees and curtailing practices such as interest-only payments that can leave homeowners stuck […]
Elizabeth Warren’s ‘Middle Class’ Looks an Awful Lot Like Occupy’s ’99 Percent’
Guest Post by Badger Pundit Writing at National Review’s The Corner (h/t Instapundit) Patrick Brennan chides Senator Elizabeth Warren (D – Mass.) for declining, in a recent televised interview, to explain her definition of “middle class.” Even when asked specifically, “what numbers are we talking about, in terms of income level,” Warren declined to get […]
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