Friday, November 28, 2008

Krauthammer: Washington, Our New Wall Street

In the old days, if you wanted to get rich, you read balance sheets; today, you read political tea leaves.

http://article.nationalreview.com/?q=ZjNlOTEwM2QwNTc5YTVhMzJhMDkwZmNkOTQ1NTNkNjM=

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Tuesday, November 25, 2008

Why Canada Loves Nancy Pelosi

Her protectionist stance has helped open markets  for others.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7041/~3/BNIsJX9zzto/SB122757205904454793.html

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Friday, November 21, 2008

Dow Down 22 Percent Since Election Day

Stocks continue to move lower. And lower. And lower.

http://www.usnews.com/blogs/capital-commerce/2008/11/20/dow-down-22-percent-since-election-day.html?s_cid=rss:capital-commerce:dow-down-22-percent-since-election-day

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Thursday, November 20, 2008

BUSH’S LEGACY: EUROPEAN SOCIALISM

Published on TheHill.com on November 18, 2008.

The results of the G-20 economic summit amount to nothing less than the seamless integration of the United States into the European economy. In one month of legislation and one diplomatic meeting, the United States has unilaterally abdicated all the gains for the concept of free markets won by the Reagan administration and surrendered, in toto, to the Western European model of socialism, stagnation and excessive government regulation. Sovereignty is out the window. Without a vote, we are suddenly members of the European Union. Given the dismal record of those nations at creating jobs and sustaining growth, merger with the Europeans is like a partnership with death.
(more)

http://www.dickmorris.com/blog/2008/11/19/bush%e2%80%99s-legacy-european-socialism/

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Saturday, November 15, 2008

Supreme Court Upholds Bill Of Rights In 5-4 Decision

Pretty damn funny.....only because it could be true one day.

WASHINGTON--In a landmark decision Monday, the U.S. Supreme Court narrowly ruled to uphold the Bill of Rights, the very tenets upon which...

http://feeds.theonion.com/~r/theonion/daily/~3/453027759/supreme_court_upholds_bill

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Bush Shows Obama the Way

The president reminds the president-elect that free-market capitalism is the best path to prosperity.

President George W. Bush came out fighting for free markets with a strong and stirring defense of American capitalism on the eve of the G-20 World Economic Conference. Stocks soared 550 points Thursday as Bush's luncheon speech was played live on all the major cable networks. It was as though Mr. Bush was trying to leave an economic-primer to his successor-elect Barack Obama. Markets cheered because it's the best thing they've heard in many weeks.

Here's one of several great passages from Bush: "At its most basic level, capitalism offers people the freedom to choose where they work and what they do … the dignity that comes with profiting from their talent and hard work. … The free-market system also provides the incentives that lead to prosperity — the incentive to work, to innovate, to save and invest wisely, and to create jobs for others."

In other words, free-market capitalism is the best path to prosperity.

During a gloomy period of financial crisis, recession, big-government rescues, and ailing banks and industrial companies, Bush has provided a strong visionary dose of big-picture economic prosperity and optimism that can lead the U.S. and the rest of the world out of its economic doldrums.

Here's another uplifting passage from Mr. Bush: "Free-market capitalism is far more than an economic theory. It is the engine of social mobility — the highway to the American Dream. And it is what transformed America from a rugged frontier to the greatest economic power in history — a nation that gave the world the steamboat and the airplane, the computer and the CAT scan, the Internet and the iPod."

Capping all this off, Bush said, "The triumph of free-market capitalism has been proven across time, geography, culture, and faith. And it would be a terrible mistake to allow a few months of crisis to undermine 60 years of success."

That reference to 60 years harkens back to the original post-WWII economic-rebuilding conference held in Bretton Woods, N.H., in July 1944. At that historic meeting, the U.S. and Britain led 170 delegates from around the world into a new era of free markets, free trade, and stable currencies. It was a conference of global coordination that broke down the isolationist and protectionist sentiments that upset the world order so badly during the prior 15 years.

Ultimately, the free-market system forged at Bretton Woods, which was in no small way predicated on economic prosperity, led to a triumph of Western values over Soviet state socialism. And it was President Reagan — along with his friend, British Prime Minister Margaret Thatcher — who applied the final blow to the now-defunct Soviet system with his rejuvenation of free-market capitalism.

So what George W. Bush seems to be saying is this: Do not discard that triumphal system just because we've had a rough year in the financial markets and the economy.

In a few weeks Barack Obama will inherit the mantle of the capitalist system. What will he do with this responsibility? That's the question being asked everywhere.

Since the election, and up until President Bush's important G-20 speech, stock markets sold off nearly 15 percent. Investors want to know if economic rewards will be encouraged or penalized. Will trade remain open and free? Will we maintain competitive businesses that can compete worldwide? Or will we resort to the protection of ailing or failed businesses?

Will the U.S. lurch toward the semi-socialism of Old Europe? Or will we stay with free-market capitalism? Will we expand the nanny-state economy? Or will we keep the door wide open to entrepreneurial spirit and gales of creative destruction?

Investors want to know which way President-elect Obama is going to go. Might he reach back to the Democratic pro-growth supply-side policies of John F. Kennedy's tax cuts, free trade, and strong dollar? Will he opt for Bill Clinton's free-trade and strong-dollar policies, or even his capital-gains tax cut? Or will he fall back to the hopeless government tinkering of Jimmy Carter or the welfare-statism of Lyndon Johnson?

I'm keeping an open mind on Mr. Obama during this post-election honeymoon period. After all, he stole the tax-cut issue from Sen. McCain during the election. And surely he knows the conservative red states that joined his campaign for change didn't vote for a leftward lurch to socialism lite.

Mr. Obama has a huge opportunity and an outsized responsibility to mend and revive the economy. It may be too much to ask, but perhaps he will give President Bush's marvelous speech a close read. There is much wisdom there. And there is no iron-clad reason why a Democrat can't adopt the economic-growth model that has worked so well and so long for this country.

http://kudlowsmoneypolitics.blogspot.com/2008/11/bush-shows-obama-way.html

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No UAW Bailout

Carmakers: Why not let the Big Three just file Chapter 11? It's not a problem-free solution, but it beats using taxpayer money to prop up a...

http://feedproxy.google.com/~r/InvestorsBusinessDailyOpinion/~3/DVNbhMldHRg/EditorialContent.asp

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Friday, November 14, 2008

Al Qaeda kills snacks!

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Telling It Like It Is At A Tipping Point

Milestones: European leaders gathered in Washington for the G-20 summit are pushing for an end to American-style capitalism. But on Thursday,...

http://feedproxy.google.com/~r/InvestorsBusinessDailyOpinion/~3/CPU1tulNLUk/EditorialContent.asp

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Monday, November 10, 2008

Al-Qaeda Planning Attack Bigger Than 9/11

On November 9, 2008, the London daily Al-Quds Al-Arabi reported, citing "a source close to the Al-Qaeda leadership in Yemen," that Osama bin Laden had ordered a new attack against the U.S. which will be "far greater than the 9/11 attacks." ...
November 10, 2008, 10:50 am

http://www.thememriblog.org/blog_personal/en/11264.htm

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Obama Speak! All shall listen!

Picture from Obama's first press conference.
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OBAMA’S ‘CHANGE’: BACK TO THE DEMOCRATIC WASHINGTON INSIDERS

<p>What&#8217;s with Obama&#8217;s choice of old-time Clinton cronies and recycled Washington insiders to run the transition to his new politics of change?</p>
<p>Can&#8217;t the anti-Washington candidate find anyone who isn&#8217;t a Beltway has-been? </p>
<p>Judging by the appointments to his transition committee and leaks about possible top staff and Cabinet choices, Obama appears to be practicing the politics of status quo, not the politics of change. </p>
<p> <a href="http://www.dickmorris.com/blog/2008/11/07/obamas-change-back-to-the-democratic-washington-insiders/#more-485" class="more-link">(more&#8230;)</a></p>


http://www.dickmorris.com/blog/2008/11/07/obamas-change-back-to-the-democratic-washington-insiders/

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Saturday, November 8, 2008

Steyn: The Death of the American Idea

Under President Obama, just under half the population will be on the dole.

http://article.nationalreview.com/?q=ZDcxYWNiZTVkNjZkY2I1YmUyMjQzNzc4Y2FjNzI4MjA=

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Friday, November 7, 2008

How proud We Must Be.

Barack HUSSEIN Obama. Nah, that didn't deserve closer scrutiny. Too late now.
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Goldberg: Progressivism's Achilles Heel

The ballot measure results on gay marriage expose the underlying weakness of progressivism.

http://article.nationalreview.com/?q=MTJhYmE2MjI4ZjZiMGI5NGQzZTY5N2I4YTE2YmEyYTY=

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Thursday, November 6, 2008

Saul Alinsky Takes the White House

Conservatives may not realize just how difficult it might be to recover from this week's elections.

The day after the big defeat, the conservative chatter everywhere was about how the "movement" and the Republican Party (two different things) could finally unshackle themselves from the bad old habits that brought them down, and about how the ability to draw a sharp contrast with the Obama/Pelosi/Reid triumvirate would allow us to focus attention, rally the faithful, and re-storm the castle in 2010 and 2012.

Fat chance.

Too many conservatives think we've seen all this before -- in 1964 and 1974 and 1992 -- and that we know how to handle it. Fly, meet ointment: We're not dealing with the same sorts of opponents. These New Alinskyites who are taking over the White House, combined with the most leftist congressional leadership in memory, will not let us play by the same rules under which conservatives recovered from those earlier debacles. They will try to drastically tilt the playing field, seed our side of the field with land mines and, in short, rig the process to make it next to impossible for the political right, or Republicans, to recover. And they are likely to succeed in at least some of these designs.

It will begin with their efforts to secure a filibuster-proof majority of 60 senators (including the two independents). Right now the libs (and yes, all the Democratic senators, with the possible exception of Nebraska's Ben Nelson, are libs) have 56, with three Republican moderates and one conservative leading their races but awaiting recounts or runoffs. Watch for the Alinskyites to try stealing all four, and to succeed in at least two. We've seen this game before. They did it in Indiana's "Bloody Eighth" congressional district in 1984. They almost succeeded in 2000 in Florida. They did succeed, outrageously so, in the Washington State governor's race in 2004. Those are just the most obvious of many similar examples. And now they are even more ruthless, more lawyered-up, and in a more powerful position to pull it off than they were in any of those instances.

Next, watch what happens if they regularly can't peel off enough Republicans (or hold their own semi-fairminded people like Nelson and Joe Lieberman) to overcome whatever filibuster attempts Republicans do mount. Watch for an assault on the filibuster itself. Watch how they use as precedent the GOP "nuclear/constitutional option" on judges in 2005 -- except instead of just using it for judges, watch them use it against all filibusters. It's easy: Make the ruling from the chair that the filibuster is out of order for some reason. Instruct the parliamentarian to rule in their favor. Win the appeal of the parliamentarian's ruling by simple majority vote. And watch the courts pronounce it an internal matter of the legislative branch and thus outside of courtroom purview.

Watch a cheerleading establishment media -- the Fourth Estate as a veritable Fifth Column -- actually back these lefty maneuvers. It's all in the name of one-man/one-vote democracy, dontcha know? The filibuster once served its purpose, they'll say, but as a vestige of Southern "massive resistance" to integration it is now being used for massive resistance to the first black president, which invalidates it (suddenly) as a legitimate tool.

Watch the left use these tactics and others to pass even more liberalized voting laws -- an open invitation to even more fraud that is more creative, easier to hide, and less challengeable in court.

Watch what Michael Barone called the Obama "thugocracy" use the Justice Department to stifle dissent. Anybody who complains about vote fraud will be charged with "vote suppression." Anybody who complains about DoJ's actions will be charged with interfering with an investigation. Anybody who denies having interfered will be charged with perjury. Likewise, anybody who peacefully protests abortion clinics or the use of state-sponsored racial quotas will be charged with a civil rights violation. And the accused won't be able to look to the Supreme Court for help: Anthony Kennedy's "evolving standards" of justice will evolve to match the new zeitgeist, providing a 5-4 majority for the administration. Meanwhile, of course, Obama's other appointments will be filling up the rest of the judiciary at a rapid clip, with nobody able to stop them.

Other ways the Obama axis will tilt the playing field: "card check" legislation to eliminate secret ballots in unionizing and to force union victories in contract negotiations. Provision after provision giving favors to the trial bar so it can sue enemies into submission. Copious new regulations, especially environmental, to be used selectively to ensnare other conservative malcontents. Invasive IRS audits of conservative think tanks, other conservative 501 organizations, and PACs.

What Ohio officials did in rifling through so many of Joe Wurzelbacher's files will serve as ample precedent. (Just watch, by the way: Nobody ever will be effectively disciplined for the violation of Wurzelbacher's rights.)

And, only when the time is right and the ground (or air) has been well prepared, will come the grand-daddy of all fights, the re-enactment of the misnamed "Fairness Doctrine."

Oh, they'll be clever. They'll pick their spot. They'll wait until Rush Limbaugh or Sean Hannity or Mark Levin says something innocent they can twist out of context and call "hate speech" -- and then they'll highlight some schoolyard fight where a member of a "victim group" gets the worst of it as if the "attack" were caused by talk-rad…no, make that "hate radio," which will be the new moniker the Fifth Column/Fourth Estate hangs on the talkmeisters.

(Even before imposing the Fairness Doctrine, they'll use the Federal Communications Commission in other ways to put a muffler on their opponents.)

And, always, a few carefully calibrated street demonstrations, splashed with just the right headlines across the East Coast newspapers and captured by just the right camera angle on CBS News, will be used any time, on any issue, to make the point that civil unrest would be the price of resistance to the benevolent desires of the Obama regime.

The erosions of conservative rights will be incremental. Each one will have its own justification. Each one will be supported by the establishment media. Each one will be timed so as to allow the general public to become accustomed to it, to accept it as unremarkable, or even to come to regard it as a public good for the sake of keeping conservative "troublemakers" from fomenting disorder.

And the Obamessiah, still speaking frequently to stadia full of admirers, will provide a tone of reasoned moderation, combined with further appeals to hope, in order to justify it all.

These are the sorts of things Alinskyites do. These are the sorts of tactics used by ACORN, at whose conferences Obama himself regularly taught seminars on "power." These are the sorts of policies favored by the academic left, Obama's old milieu -- the policies that favor speech codes and stolen campus newspapers and the firing of faculty for "offensive" remarks.

Conservatives have fought things like this for years already, of course. But they've never fought it while the left controlled so many of the levers of power, and certainly not when the left was led by such a charismatic and near cult-inspiring leader who was so smart, so well steeped in these stratagems, and so fully supported by a Fourth Estate up whose legs warm feelings run every time he waxes eloquent.

It will take very focused, very intelligent, very skillful action by conservatives to stop this creeping subversion of a free society. This is a whole different political battlefield than any on which we've fought before. And we haven't yet found our Omar Bradley.


http://spectator.org/archives/2008/11/06/saul-alinsky-takes-the-white-h

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Sunday, November 2, 2008

Obama and School Uniforms

Obama's campaign has released this picture of his idealized national school uniform that Bill Ayers and Khalidi are designing. Hmmmm.
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