Oh, The Preciousss, Preciousss Narrative!
Smitty (h/t Gateway Pundit) So much of the smoke and mirrorssuccess of the current administration, and the Men from O.R.G.A.S.M., is predicated upon an audience of willing dupes. For them, no good can come of this. How is it that CBS wandered off the reservation? Also, given that this is 60 Minutes, how valid is […]
The First Rule of Cliffs
It seems like eons ago, but actually it was only December 2008, when I examined the proposed neo-Keynesian economic agenda of the ascendant Democrats and said, “It Won’t Work.” Obamanomics is still not working and a new blog points out that, in the case of our president, persistence is more vice that virtue: Obama gave a […]
Obama Cut Your Taxes, and Other Lies Frank Rich Wants You to Believe In
You’ve got to marvel at the effrontery of the man: President Obama, the Rodney Dangerfield of 2010, gets no respect for averting another Great Depression, for saving 3.3 million jobs with stimulus spending, or for salvaging GM and Chrysler from the junkyard. And none of these good deeds, no matter how substantial, will go unpunished […]
Barney Frank’s Pals Fannie and Freddie Helped Cause the Foreclosure Crisis
A very simple question: “[A]ren’t there a lot of seat-warmers at Fannie and Freddie who collect their salaries for the express purpose of reading mortgage documents?” Doug Ross calls our attention to the role of these “government-sponsored entities” in the massive screw-up of mortgage paperwork that now threatens to freeze the entire U.S. housing market: […]
Democrats, Unions Bankroll 527 Group Attacking Massachusetts Republican
BOSTON — Charles Baker is the Republican candidate challenging Massachusetts Gov. Deval Patrick. Lately, Baker has been targeted by attack ads from a group called “Bay State Future,” headed by Barbara Weniger. But this group is actually a front for Democrats and labor unions: The more than $2 million worth of negative ads, aired by […]
Economics for 11-Year-Olds
Thursday, after I picked up my kids from school, we were listening to the news on the car radio and something prompted my 11-year-old son Jefferson to ask, “Dad, what’s a recession?” So I explained that the official designation of recession is two consecutive quarters of negative economic growth — a decline in the gross domestic […]
Stock Market Inflation: The Rich Get Richer Because the Fed Is Cheating You
One of Instapundit’s savvy readers writes: The latest surge higher in the Dow is folks betting on a Bernanke “put” . . . that the Fed will debase the dollar so much that prices will rise in nominal terms. Stocks aren’t going up in gold or Euro terms. You don’t have to be a “gold […]
California Workers Laid Off and Their Jobs Shipped to China by Greedy Republican Democrat Jane Harman?
Yeah, this could kind of wreck the class-warfare rhetoric Democrats usually roll out in their election campaigns: California Democrat Rep. Jane Harman’s family business is laying off American workers – including engineering employees in California — and shifting jobs overseas. A letter from the human resources director of one Harman company, obtained exclusively by The […]
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