Dems, you’re stupid if you say otherwise. You just are. Obama did NOTHING prior to being elected. In fact, that’s all he’s ever done is run for office. He show’s his ignorance everyday when he open his mouth about foreign policy. Never mind when he tells us his stimulus is working. He’s stupid. And Palin actually has a resume that shatters Obama’s.

Posted under Uncategorized

This from the Prowler:

Quietly late Friday, Norm Eisen, Special Counsel to the President on Ethics and Government Reform, released new federal rules that barred public comments from any and all individuals with interests in the federal stimulus funding program. Already federally registered lobbyists are barred from making public comments about stimulus programs they or their clients might be interested in, and which may influence those federal officials determining where those stimulus dollars go.

Now, the White House is barring public comment from any individuals who might have an interest in the stimulus funding. According to government ethics lawyers, this rule could extend to a corporate official making a public speech in Washington, D.C. that might garner extensive press attention.

Good couple of months for Obama:

Taking over auto industry….check
Getting rid of free speech….check
Destroying the businesses of auto dealers who didn’t support Democrats….check
Tripling the nation dept and still blaming Bush….check
Throwing Israel under the bus……check
Watching North Korea make a nuclear test….check

Posted under Uncategorized

I would imagine that the she’s taken some heat that she was not expecting hence the self absorbed lament to the NYT. Specter’s decision had nothing to do with ideology and everything to do with his political hide.

Posted under Uncategorized

Yeah, Dems, he give you that fillibuster proof thing in the Senate. But this guy is all about himself and his seat. He doesn’t have a rats ass about anything but covering his own political hide. He’s switched parties before. If he were a real man of principle, he would have gone the same rout as Joe Lieberman and faced the voters of the party who elected him and then gone independent. If he can sell his vote on card check, he will do so. It’s likely that he sold his vote on the stimulus the same way.

Posted under Uncategorized

James Glassman, one of the nation’s most important writers on economic issues, corrects the record on economist John Maynard Keyens and also makes the effort not to allow Obama false use of the Great Depression as a tool to influence the nation.

First of Kenyens:

Keynes argued that, when businesses and people cannot or will not invest, then the government must take on the role of filling the gap. The key is speed. The means, Keynes wrote in The General Theory of Employment, Interest and Money, really did not matter so much:

If the Treasury were to fill old bottles with bank notes, bury them at suitable depths in disused coal mines which are then filled to the surface with town rubbish and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again, . . . there need be no more unemployment and with the help of the repercussions, the real income of the community would probably become a good deal larger than it is.
Of course, Keynes favored large public-works projects over the burying of bottles. Building roads in the right places, for example, would both put people to work and provide the basis for more commerce. At first, Keynes emphasized government spending as stimulus, but, when pressed in 1933, he advocated tax cuts as well—specifically in response to criticism that public-works projects do not put cash into the system quickly enough.

So, it is improper to mention Kenyes without mentioniong tax cuts, which Obama used last night to indicate it was the sole philosophy of President Bush. Indeed Obama mentioned “the last eight years” several times in his press conference last night. By the Obama standard, his stimulus efforts have little that is dissimilar to pork spending that Bush signed, except that he refers them to “shovel ready” or “puts people to work.”

To be fair, Obama did say last night that there were some things in the package that do not offer the sort of stimuklus he had in mind. It remains to be seen, however, whether or not he match his clout with his words. Thus far, Obama has talked the talk of moderation and thoughtfulness yet has delivered nothing besides that which placates his leftist allies.

Now about the Great Depression of which its clear that no one seems to agree on, Glassman says this:

Not only was the stimulative effect of Great Depression fiscal policy non-existent, but follow-on efforts during the ten subsequent recessions proved equally ineffective. As a result of that hard-won experience, the consensus until recently among economists was that attempts at stimulus through emergency fiscal policies—as opposed to monetary policies and the automatic effects of increases in unemployment assistance and decreases in tax payments—were useless at best. Typical was the statement of Martin Eichenbaum of Northwestern University in the American Economic Review in 1997: “There is now widespread agreement that countercyclical discretionary fiscal policy is neither desirable nor politically feasible.” Martin Feldstein, then president of the National Bureau of Economic Research, agreed. Fiscal stimulus, he said in 2002, “has not contributed to economic stability and may have actually been destabilizing.”

The new president speaks and communicates well, but seemed to falter a bit last night when speaking about the economy, his answers often halting and focused on platitudes. He actually handled foreign policy better. At any rate, he will be called upon for his inaccuracies and held accountable for his moderate tones. Sadly, he’s not actually demonstarted the later with anything except words.

Posted under Uncategorized