Cold Fury

Harshing your mellow since 9/01

Corporation Green-Shirts

STUPID BLOODY FRIDAY

Man, you been a naughty boy, you let your face grow long on carbon credits.

Doc Corsi:

A Mumbai-based Indian multinational conglomerate with business
ties to Rajendra K. Pachauri, the chairman since 2002 of the U.N. Intergovernmental Panel on Climate Change, or IPCC, stands to make several hundred million dollars in European Union carbon credits simply by closing a steel production facility in Britain with the loss of 1,700 jobs.

The Tata Group headquartered in Mumbai anticipates receiving windfall profits of up to nearly $2 billion from closing the Corus Redcar steelmaking plant in Britain, with about half of the savings expected to result from cashing in on carbon credits granted the steelmaker by the European Union under the EU’s emissions trading scheme, or ETS.

Why?

Why would we do this to ourselves?

Are we going to re-name the Pittsburgh Steelers the “Pittsburgh Beggars and Borrowers”? We could rename Three Rivers Stadium, too: “Soup Kitchen Stadium”.

This is the Cap & Trade scheme that Obama wants Congress to pass…or else he threatens to do even more damage to our economy.

Mandatory unemployment and massive wealth transfers to corporations. Didn’t we just do that with the Socialized Mortgage Meltdown? Which, by the way, they also want to do again. It’s buried in Friday night’s 1,279-page House bill, reviewed by Robert Stacy McCain here:

Hey, did you catch that? The government could “break up companies that threaten the economy.”

* Question: Which companies are targeted by this?
* Answer: Any big company that gives too much money to Republicans. […]

And of course Barney Frank is in charge of the bill! Who else can we trust to bring reform and transparency to the financial industry?

And when the bill goes to the Senate, Chris Dodd will be in charge of it. Because this just makes sense, you see?

It makes as much sense as the “anti-corporate” protestors flown in to Copenhagen by George “The Eggman” Soros an unknown party. They think they’re protesting corporations but they’re really protesting for some and against others.

Polar Bears get all the good press. But I am the Walrus.

UPDATE: Not to be outdone, the Reid Senate has passed its own Friday night spending bill that weighs in at 1,088 pages and $1.1 Trillion. Yes, dollars. This is the bill that by law was due in October.

It includes money to bring Gitmo terrorists to the US, money for abortions, money for needle exchanges and money for federal raises–all the things voters have been clamoring for.

“Goo goo ga joob.”–the late Humpty Dumpty’s final words Before the Fall.

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The Good News: We’re Winning the War!

THE BAD NEWS:

It’s the War on Jobs.

Tigerhawk:

“Labor Secretary Hilda Solis said her agency will seek to enact an array of 90 rules and regulations next year aimed at giving more power to workers and unions.” […]

Already our economy is struggling against health care “reform,” massive new regulation and/or taxation on any business that emits carbon, the proposed “Employee Free Choice Act,” new regulation in financial services, new corporate “governance” requirements, fiscal catastrophes in all the large states controlled by the Democrats, and huge new tax increases for the people who actually decide to hire people (whether they are corporate tools or individual entrepreneurs). Do we really need “an array of 90 rules and regulations” from the Labor Department on top of all that?

Just when you think “they can’t keep making it harder,” they do.

Chris Chocola on the Jobs Summit Publicity Stunt:

Biden: “None of it can be done without your [the private sector’s] full buy-in and your leadership in the private sector.”

Obama (closing remarks): “And there was considerable amount of discussion about how we can leverage the private sector to boost our infrastructure spending.”

Buy in? Leveraging the private sector?

These comments offer a clear — and deeply unsettling — view of the way Barack Obama and Joe Biden see the world. They indicate the president and vice president see the private sector primarily as a tool of the federal government, a loosely controlled agent of the state, whose purpose is to meet political goals set by elected officials and their bureaucratic appointees.

Call it the Department of Quasi-Free Enterprise.

And now the president has proposed Stinkulus, Pt. 2 :

He also backed a one-year elimination of the capital gains tax on gains from new investment in small business stock and other measures.

12 months of tax relief, after which the taxes will come back even higher than they were before? That’s going to spur investment?

And a puny 12 months? Even the Taliban got an 18-month warning from this guy!

But they’re only terrorists, not evil businessmen.

UPDATE: Rush:

Now, if these proposals that he announced today were gonna excite the private sector, investors will vote with their capital and they’re not voting with their capital. Hoax and Change does not sell in the Universe of Reality, and we got a Universe of Lies speech today at Brookings on the economy that’s breathtaking. It was so sweeping a series of lies that it’s hard to start with which one first. His words, his ideas are what have resulted in the loss of millions of jobs, and yet we’ve had a turnaround, we are growing, we are out of the recovery now, we have the best job report news we’ve had in three years. It was as though we are now into a new era of prosperity the likes of which this country has never seen before. There’s absolutely no credibility. He can give speeches all day long, but this isn’t a campaign. He’s not running against anybody anymore. He’s running against his own lousy record and the blame game does not wash. Obama voted for everything that caused these deficits when he was in the Senate. And he sits there like a spoiled rotten school kid blaming it on somebody else.

… The total silence, there was no applause during this speech. I know he was up there at an academic think tank and these people probably think they’re above applauding. But there were no columns, no screaming crowds, and without that, President Obama is nothing. The University of Lies has met the Universe of Reality. The reality is we’ve got 17% of the working population unemployed. The reality is that Obama has created deficits that cannot be paid, and it’s silly. He’s got $200 billion of unspent TARP money…

Appropriations, schmappropriations–the Royal Treasury is now open for business!

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Failure for Dummies: How to “Hide the (Carefully Managed) Decline”

Doc Zero:

It would have been hard for Harry Truman to have maintained American morale through victory in World War II, if he’d treated the war as a rotten mess dropped in his lap by an inconsiderate Franklin Roosevelt. An American president should take extraordinary efforts to reinforce the morale of civilians wearied by a “long” conflict the enemy is still eager to fight. Treating the War on Terror like a lousy headcold Obama caught because Bush forgot to disinfect the Oval Office telephones is a deadly mistake.

… Anyone still trying to tune in the signal from this administration is hearing the most depressing funereal dirge: your lives are futile without the command and control of a government that cannot even handle the guest list of a White House state dinner. …

Every moment of the “historic” Obama presidency has been wrapped in the rhetoric of failure and decline. A nation slipping into endless debt, to buy off the social concerns of the moment, cannot help but feel helpless and doomed… because it wouldn’t be so quick to mortgage a future it believed in. To accept the leadership of Barack Obama, either in Afghanistan or at home, is to accept that triumph is a fantasy, and achievement is a relic of the past, so the only rational course is carefully managed decline.

The Decline will not be Hid.

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If he gets the job, will it count as “saved” or “created”?

THE SHADOW GOVERNMENT KNOWS

Candidate Grant Bosse:

The Double-Zero are without a voice in Congress. Well, that’s unacceptable.

Today, I am announcing the start of my campaign for Congress in New Hampshire Double-Zero District!

The Double-Zero is a magical land. A mythical land. And place that only exists in the buggy databases of DC bureaucrats. In fact, just a few days after finding out that the Double-Zero had created all those stimulus jobs, the bureaucrats at Recovery.gov took them away.

Well, I’m outraged. If we can’t trust the job numbers from a website designed to make Congressional spending look good, what can we trust?

The Administration’s claims that the stimulus has created a million jobs are increasingly unbelievable. They had to admit that 60,000 jobs didn’t exist. The Washington Examiner has published an interactive map of 75,000 bogus stimulus jobs. And ABC News is reporting that 50,000 jobs are credited to projects that haven’t even spent any money yet.

And this morning, we reported exclusively at the Josiah Bartlett Center that New Hampshire has been over-estimating its job numbers by 2,000. Bud Fitch tells us that the state can’t claim to have created or saved any of the 2,000 teaching jobs included in his report to Washington.

These can’t be dismissed as typos or data entry errors. This is a deliberate effort to take credit for jobs that already existed, and would have continued to be funded even if the stimulus bill had never been written.

But don’t blame Bud Fitch. Federal guidelines required him to credit those jobs to the stimulus, even though the money simply replaced state adequacy grants to pay teachers who were already in the classroom.

When Congress passed the stimulus this spring, the President said it would keep unemployment below 8.5%. Today, we’re at 10.2% nationally, and rising. The stimulus is a colossal failure, and the bungling efforts of Recovery.gov to inflate its impact are a disgrace.

The good news is that we have a choice. Nationwide, Recovery.gov created 440 phantom Congressional Districts. That’s more than we actually have in Congress. If we fill those seats in every phantom district, we can take over Congress.

The new Phantom Congress will do things differently. We won’t have to be worried about bringing the bacon home to our Districts, because they don’t exist. We won’t be corrupted by special interests, because they are no voters to send direct mail, no TV stations to air campaign commercials, and no contributors demanding earmarks.

Yes, the Fightin’ Double-Zero can lead the way in the Phantom Congress. But I can’t do it alone. We need candidates across the nation to run in these newly discovered districts.

We need candidates just as fantastic and unbelievable as the job numbers we’ve been given. Jeb Bartlett from the West Wing. Jefferson Smith from Mr. Smith Goes to Washington. Chuck Norris.

We need hundreds of citizens from around the country to stand up and run on the Phantom Party Ticket. Because a make-believe Congress has to be better than the one we have now.

I think I’ll like this new Make-Believe Congress much better than the old Make-Believe Congress.

UPDATE: Surber:

The administration told West Virginians that they have a 54th congressional district where $1 million from this administration created three jobs. I can name the three people who were hired: Mr. Roarke, Tattoo and Julie.

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Q: When is a bench not a bench?

I WAS TOLD THERE WOULD BE NO QUIZ

A: When the bench is a deck chair on Rock Star Lines’ HMS Titanic Moral Vanity.

Mike has the whole sorry story on the castaway’s ill-fated Three Hour Grandstanding for Gaia-Tour here. If not for the courage of the fearless crew, the minnow-sized moral moment would be lost.

Clearly, we’re in the wrong business, Mike. This Expedition About Nothing cost the British taxpayers £150,000, about a quarter-million US. You could dry clean the burkas of a London imam’s 5 welfare wives for a year with that kind of money.

Alert the orphans, Tiny Tim–all their problems are solved! Surely a country rich enough to indulge artistes building a bus-bench on an iceberg has solved all its real problems. And the fuel oil used to haul them there was no doubt made from carbon-capturing Unicorn waste!

I wouldn’t really care–but our own NEA looks to their European betters for guidance in how to extract pelf from the peons and waste it on ugly art and preening poseurs. Chesterton:

“Savages and modern artists are alike strangely driven to create something uglier than themselves. But the artists find it harder.”

How ’bout a federally-funded Bass-Fishing Tour instead?

Nah–they’d just end up taxing our singing bass’s off.

And we’d end up on a park bench on some iceberg somewhere.

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Q: If They’re Social Engineers…

HOW COME THEY DON’T HAVE ENGINEERING DEGREES?

A: Because Social Engineering is a Liberal Art.

Doc Zero:

A strictly financial argument for conservatism never makes much progress with the electorate, because liberalism is presented as an explicitly moral enterprise. This is one of the big reasons it is never held to account for its practical failures. Every liberal talks up the latest huge expansion of the government as if the year is 1909, rather than 2009, and the ideas he advocates haven’t been proven disasters around the globe. Collectivist agriculture yields starvation, the trillion-dollar War on Poverty produces more poverty, political control of industries crashes those industries… and yet, it’s always Day One of the great socialist experiment, and no one has every hit on the brilliant idea of making the “rich” pay their “fair share” to fund a government crusade against want.

Peter Schweizer had a good conversation with Rep. Michele Bachmann about his book Architects of Ruin: How Big Government Liberals Wrecked the Global Economy — and How They Will Do It Again if No One Stops Them.

He pointed out how the Socially-Engineered Mortgage Debacle ended up hurting the very people it was supposed to help–for once, Women and Minorities really were Hardest Hit.

And the Socially-Engineered Weather we’re planning under the Cap & Trade Socialized Energy Rationing Plan will only produce green jobs in the same way those mortgages were produced: under the twin lashes of government coercion and subsidy, with no rational basis in the market.

And therefore, they will eventually crash, just like the housing market.

Socialized Jobs, Socialized Medicine, Socialized Mortgages, Socialized Motors, Socialized Energy, Socialized Weather.

And now, we’ve even got Socialized Terrorism. Great.

Casey Van Jones, you’d better watch your speed.

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Even if ControlCare Were Free…

IT WOULD STILL BE WRONG

because it will cost us our freedom.

But you still can’t ignore the the Largest Charge Account Invoice in History.

Doc Zero rips open the bill:

Medicare originally cost about $3 billion, when it began in 1965, and was projected to cost about $12 billion by 1990, adjusted for inflation. The actual cost in 1990 was nearly ten times that figure, $107 billion. It was up to $440 billion by 2007. The architects of the program would have been run out of town on a rail, if these future costs had been known to the voters of 1965.

The difference between promised benefits and expected revenues for Social Security and Medicare amounts to about $107 trillion dollars, which Doug Bandow of the Cato Institute points out is double the annual Gross Domestic Product of the entire world.

If you think Iraq was “All About the Oil!”, wait ’til we have to conquer a country every time Cher needs another facelift. Or Chastity needs another operation to get her chastity back.

Once the government takes over health care, it will not be interested in criticism of its performance. The last thing any consumer should ever be willing to surrender is the ability to take his business elsewhere.

Government already limits our ability to take our business elsewhere by forbidding interstate competition–that’s one of the ways we got into this mess.

Once pro-lifers have become trapped in the same inescapable government-run health system as everyone else, their concerns can be safely ignored. What will they do in protest? Threaten to withdraw from the national health care system? If they try it, they’ll be holding their next prayer vigil for the unborn in a cell block. Only a foolish people trust their lives and souls to an entity defined by its ability to punish non-compliance with force.

No insurance company ever put anybody in jail–except for those wild ferrets on Mutual of Omaha’s Wild Kingdom. The cagey Marlon Perkins:

“Speaking of angry ferrets, we’ll wait here while Jim tries to get permission from Nancy Pelosi and Joe Biden to have those rabid squirrels removed from his scrotum.”

[six months later:] “Well, good news, folks; it looks like Jim has finally gotten permission from the Federal Coordinating Council for Comparative Effectiveness Research to have those squirrels removed from his scrotum. The Bad News: federal Best Practices guidelines insist that a boa constrictor be involved.”

Now back to our regularly-scheduled de-programming:

Among the most dangerous delusions of liberals and moderates is the belief they can unleash a blizzard of taxes and spending without radically altering other aspects of their lives… the belief they can blow the better part of $3 trillion taking over an industry, but everything else will stay exactly the same. … I don’t think enough people appreciate how far we have to fall, from the A+ health care we enjoy today, to the C- that will be good enough for government work.

Read it all–before your eyes go out and we have to invade the diamond mines of Kuala Lumpur to pay for your Lasik surgery.

What’s that–you say there are no gold mines in Kuala Lumpur …only tin mines?

See; the Mandatory Impoverishment has already started!

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“Saved or Created”?

JESUS SAVES AND GOD CREATES

Obama only shuffles.

Ace:

At no point in all of American history has the metric ever been what jobs a president has “saved or created.” The metric has always been the concrete, easier-to-determine number of how many jobs were lost and how many were gained. There has never before been a “saved” category, ever, and yes, all other presidents in an ailing economy would of course like to shift focus from the jobs lost to those they can claim were “saved.”

It is only Obama — special rules for special people! — who has ever been so shameless as to attempt to shift the terms of debate to something so favorable to him (and so hard to determine), and it is only in Obama’s case has the media been so compliant they went along with the charade.

They think “saved or created” sounds better than “Please grade us on a curve.”

But I think “Please grade us on a curve” sounds better.

Manuel Zelaya gives them an A+; Obama saved and created his job.

Update: Just for, you know, the record: As well as being destructive and stupid, this is all entirely unnecessary:

Cato Institute:

When Reagan took office in 1981, the unemployment rate was 7.6 percent. In the recession of 1981-82, that rate peaked at 9.7 percent, but [once his policies took effect] it fell continuously for the next seven years. When Reagan left office, the unemployment rate was 5.5 percent. This reduction in joblessness was a clear triumph of the Reagan program.

Heritage Foundation:

President Ronald Reagan’s record includes sweeping economic reforms and deep across-the-board tax cuts, market deregulation, and sound monetary policies to contain inflation. His policies resulted in the largest peacetime economic boom in American history and nearly 35 million more jobs.

That’s what real Hope and Change looks like. Just in case it ever comes up again.

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Does Coal Melt Steel?

AND OTHER SCARY ENERGY STORIES

“…the Environmental Protection Agency has put the brakes on 79 surface mining permits in four states since he was elected. The EPA says these permits could violate the Clean Water Act and warrant “enhanced” review. But the agency went even further last week, announcing plans to revoke a permit for the Spruce No. 1 Mine in West Virginia…“–Washington Times

“The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.” …”His New York-based hedge-fund firm, Soros Fund Management LLC, sold 22 million U.S.-listed common shares of Petrobras, as the Brazilian oil company is known, according to a filing today with the U.S. Securities and Exchange Commission. Soros bought 5.8 million of the company’s U.S.-traded preferred shares.”–The Wall Street Journal, Bloomberg News

Some dude:

Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. …coal power plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers. So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum…I haven’t been some coal booster. What I have said is that for us to take coal off the table…So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them.

Some chick:

One of the efforts that will assist in securing our energy future is the development of clean-coal technology. And here we have another big disagreement with our opponents. Last month Joe Biden told a voter — and I quote — “we’re not supporting clean coal.” He says clean coal’s a good idea for China — but sorry, Ohio, Joe Biden says it’s not for you.

That’s just nonsense, and there’s plenty more of it in Senator Biden’s record. He’s against drilling off our coasts, for environmental reasons. But he says that offshore drilling holds real promise for the island nation of Cyprus — as if the environmental safeguards of the Cypriots are more rigorous than our own. And so far as he and Senator Obama are concerned, nuclear power’s okay, too — but only for France and other European nations. Our opponents seem to have all sorts of solutions for the energy needs of other nations — now if only they’d focus more on what America needs.

As for our coal resources, America has more coal than the oil riches of Saudi Arabia. Burning coal cleanly is a challenge of practical problem-solving and human ingenuity — and we have no shortage of those in America either. … We will deliver not only electricity but jobs to some of the areas hardest hit by our economic troubles.

And in the end, with or without the green light from Joe the Six-Term Senator, we will make clean coal a reality. For the sake of our nation’s security and our prosperity, we need American energy resources, brought to you by American ingenuity, and produced by American workers.

On energy policy, our opponents are always talking about things we cannot do, because our own government won’t let us. When you look over the energy plans of Barack Obama and his allies in Congress, it’s just a long, labored agenda of inaction. And it’s the same agenda of inaction we could expect under the one-party rule of Obama, Pelosi, and Reid. They’re always talking about things we can’t do in America, energy we can’t produce, refineries we can’t build, plants we can’t approve, coal we cannot use, technologies we cannot master… for a guy’s who’s slogan is “Yes, we can,” Barack Obama’s energy plan sure has a whole lot of “No we can’t.”

Who’s gone “rogue”, really?

UPDATE: Obama has been offering Republicans new nuclear energy plants if they will sign on to Cap & Tax.

But the second the ink dries, he’ll order the EPA to withdraw permission, just as he did with the Spruce No. 1 Mine in West Virginia.

Yes, Virginia, it’s true; we’re all West Virginians now.

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The Socialist Moppet Muppets

MOP IT

“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”–John Maynard Keynes, ‘The Economic Consequences of the Peace’

Mop it good:

“…But what I reject is when some folks decide to sit on the sidelines and root for failure on health care or on energy or on our economy. (Applause.) What I reject is when some folks say we should go back to the past policies when it was those very same policies that got us into this mess in the first place. (Applause.)

Another way of putting it is when, you know, I’m busy and Nancy busy with our mop cleaning up somebody else’s mess –- we don’t want somebody sitting back saying, you’re not holding the mop the right way. (Applause.) Why don’t you grab a mop, why don’t you help clean up. (Applause.) You’re not mopping fast enough. (Laughter.) That’s a socialist mop. (Laughter and applause.) Grab a mop –- let’s get to work.”

I’m a partisan. I admit it. But all fault does not lie with Democrats.

Businessmen got greedy. Speculators, too. Republicans messed up plenty. Many of them signed on to the Socialized Mortgage plan. They didn’t regulate well. They spent too much.

But I’m pretty tired of this virginal Polly Pureheart act by Obama and the Democrats. He acts like he just showed up last week.

As an ACORN organizer and attorney, he led the charge to make banks hand out bad loans. He sued Citibank:

“The suit alleged that Citibank had violated the Equal Credit Opportunity Act, the Fair Housing Act and, for good measure, the 13th Constitutional Amendment, which abolished slavery.”

In other words, their failure to make enough risky sub-prime loans for Obama was the equivalent of reintroducing slavery to America. Remember when the press made an issue of this during the campaign? Of course you don’t. They were too busy taking dictation.

In the two-and-a-half weeks he served in the senate, he became the second largest payee of cash from Freddie and Fannie, second only to Chris “Countrywide” Dodd, the King of the Free Mortgage. Freddie and Fannie got their money’s worth, or rather, our money’s worth: when Republicans finally got off their ass to regulate Fred/Fan, Obama was there filibustering the fix, allowing the “Too Big to Fail” crowd to explode their bad debt and fail bigger than ever.

Ironically, but typically, all the Democrats who looted Fannie and Freddie practiced Reverse Socialism: all the benefits went to the Liberal Oligarchs like Franklin Raines, Barney Frank’s boyfriend, Jamie Gorelick and Rahm Emmanuel, while all the risk was dumped on the good old “teeming masses”. That would be you.

Obama and the Democrats mostly voted for George Bush’s new spending, complaining that it was too meager…and then complained about his deficits! Only to quadruple Bush’s record this year and for as far as the eye can see.

This is not “someone else’s mess”. Those “very same policies that got us into this mess in the first place” are Obama’s and the Democrats’, too.

He’s right about this, though; it’s not a “socialist mop”. It’s a socialist shovel and he wants to heap on even more bad debt, doubling down on the Socialized Mortgage Debacle That Ate the Economy. Democrats learned nothing–that’s why this Blame Game matters.

But is it “socialist”?

Of course it is. The president should embrace his inner Socialist and proclaim it. Every major figure in his life was a socialist. Even the Socialist Bernie Sanders of Vermont has had to tell the administration to dial it back at times. The Chinese Communists warn this administration not to get too carried away. He’s too socialist for the socialists.

Churchill:

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. …The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.

I want people to own homes and I certainly demand that minorities have the same access to loans as everybody else. But not an entitlement to risky Race Preference loans by the billions.

Churchill was right; this was essentially a socialist plan to redistribute wealth and it failed miserably, unless failing miserably was the goal as Comrade Lenin noted at the top.

It didn’t lift the poor up; it brought everyone down. It merely spread misery…and even left its supposed beneficiaries worse off than they were before.

And now Democrats want to do it again?

Own up, Mr. President. Take responsibility for your part. Grab a mop.

But lose the Shovel-Ready Socialism.

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Who Are You Going to Believe:

ME, OR MY LYING FIGURES?

The Ponzi Administration has striven mightily to hide the true cost of, well, just about everything.

The Bureau of Consumer Protection warns people about “bait-and-switch” salesmen, but it can’t tell us what to do when the entire Congress is one giant carny scam, the entire White House a bunker-mentality bunco squat.

On paper, they kept Porkulus under a trillion dollars, even though with interest it will cost over a trillion. No real reason except they didn’t want the headline “A Trillion Dollars About Nothing.”

When Obama rewarded the PLO with a bombers’ bonus entitlement, a Terrorists’ Welfare Check, he kept it to $900-plus million, just to avoid the new “B”-word: Billion.

And now Health Care.

To keep the price-tag under a trillion dollars, they played so much Three-Card Monty that Monty had to use the full deck and change his name to “Floyd”. The bill is more back-loaded than Sandy Berger’s underpants at the National Archives. It has more childish games than Roman Polanski at a “Sweet Thirteen” birthday party. They’re using more parlor tricks, fake stunts and publicity gimmicks than Arianna Huffington, Jesse Jackson, Octo-Mom and Al Sharpton put together in a runaway silver balloon. It’s a hopeychange-ling remake of Jimmy Stewart’s “Mr. Criss Angel Deficitfreak Goes to Washington”.

In his own inimit imnintable inmintable un-copyable style, Harrymonger Reid tried to spill the beans. But when they claim it will cost under a trillion, this is probably a better guide:

@markknoller New Treasury #s show federal deficit for 2009 fiscal year (ended 9/30) hit $1.417-trillion – 3 times bigger than previous all time high. 10/16 3:52 P.M. –

Here’s the transparency you were promised:

@markknoller Interestingly, Treasury says deficit for ’09 is $1,417-billion rather than $1.417-trillion. Which do you think seems larger? 10/16 4:32 P.M. –

That’s like quoting the price of a used-car in quarters so the salesman can claim it’s just pocket change.

The only thing transparent are the lie$.

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To answer the question

IS TO ASK IT

Tony Blankley inquires of the Emperor’s sartorial habits;

“Is Washington Nuts?” :

“Health Care Bill Gets Green Light in Cost Analysis” — The New York Times.

That’s right. The federal government is giving the “green light” for the country to drive to the poorhouse — and drive there, I would argue, by way of the lunatic asylum. Are they nuts?

Helping out the uninsured might be a nice notion someday. But the first priority now is to avoid permanently destroying our economic capacity — as we rapidly are doing — by the insanity of adding to entitlement programs while the dollar begins to fail and the CBO predicts we never will recover from the current debt and deficit levels.

Most of these Democrats have been on the Gumment Tit all their lives. Few
have ever run a business, met a payroll or given anyone a private sector job. So when they see a good thing, they automatically assume government should provide it.

Jobs are good–government should provide it. Food–ditto. Housing? Sure–what could go possibly wrong? Health care? You betcha’! College? You’re owed that much. Pensions–a-okay, guv’nor! For a while, government was even in charge of the Mustang Ranch!

Our Founders created a system of limited government. It’s a philosophy that says government is the last resort. Today, it’s the first resort and we don’t even consider that there might be any other. They knew that people weren’t free unless government was limited. We’ve made it our project to blow through almost every limit. And now it looks like we’re going to keep printing money until the presses start smoking and seize up.

Maybe I’m wrong. Maybe all those who came before us were wrong to worry about spending borrowed money. Maybe we can just spend, spend, spend without a care in the world. Maybe Liberals are right in this sense–if we really do want government to give us everything, maybe we should turn over our entire paycheck and let them divvy it up. That’s certainly their goal. As Troy Senik said of California:

Liberals have won their campaign for bigger government and runaway spending, and conservatives have usually succeeded in keeping tax hikes at bay. The Golden State’s signature optimism may be to blame: How else to explain the delusion that Californians could be taxed like libertarians, but subsidized like socialists? The result, of course, has been a fiscal crisis addressed with slashed spending on public services and increased taxes in the midst of a deep recession — a recipe for yet more discord and trouble. In a grim irony, Californians are now being taxed like socialists and subsidized like libertarians.

That’s the Socialist Death Spiral. Who wants to work overtime with no reward? Who wants invest and risk it all simply because “in Beijing…the glorious sun of Chairman Mao Tse-tung shines upon the Chinese people twenty-four hours a day”? Or Chairman O in Washington? It all pays the same…why stick your neck out? “Just lean on that shovel, boys; we’ve got all week.”

Socialism assumes there will be the same amount of wealth to spread around no matter what. But when socialism is implemented, people start producing wealth at a much slower rate. And it feeds on itself. Forget the dynamic America we knew. Even shades of gray will be frowned upon–too risky, too bold, too…daring.

For years, Liberals have driven up the cost of health care in hopes of making it so expensive that you would beg them to make it “free”. They have purposefully taxed people into needing government help. There are ten different ways to drive down the cost of health care and expand coverage but they’re not interested in any of them. I want people to get the care they need. They want control. Period.

They’re lying about the cost.
They’re lying about you keeping your policy.
They’re lying about illegal aliens being covered.
They’re lying about abortion taxes.
They’re lying about the gifts to unions and trial lawyers buried in the bill.
They’re lying about privacy.
They’re lying when they say it’s not designed to lead to a complete government takeover.

Is Washington nuts? No. This is the pure, sweet logic of socialism and by that standard, it’s not crazy at all. By that logic, it’s inevitable.

It’s only crazy you still have to ask.

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Doubling Down on Socialized Mortgages

THE DEFINITION OF INSANITY

It’s just crazy.

You can’t make it up.

‘Tis madness.

I guess the Banking, Real Estate, Mortgage and Home-Building Industries just aren’t quite far enough down the toilet yet. They promised us Green Jobs, but they didn’t say it would be as Roto-Rooter-men, trying to fish our economy out of their sewer.

Peter Schweizer at Forbes:

The White House and Congress want to expand a 30-year-old law–the Community Reinvestment Act–that helped to fuel the mortgage meltdown. […]

[I]n the first 20 years of the act, up to 1997, commitments totaled approximately $200 billion. But from 1997 to 2007, commitments exploded to more than $4.2 trillion. (Keep in mind this is more than four times the size of the current health bill being debated in Congress.)

In short, the CRA is compelling banks to make trillions in loans to individuals who have poor credit and who often can’t or won’t make their payments.

[Democrats]…want to expand the CRA to include not just banks but also credit unions, insurance companies and mortgage lenders.

Obama wants to take enforcement of the CRA away from the Federal Reserve, the FDIC and other financial regulators … Compliance would no longer be done by bank examiners but by what the administration calls “a group of examiners specially trained and certified in community development” (otherwise called community activists).

And ACORN gets a cut of the ransom, too. I guess they called it “ACORN” cos’ “The Mafia” was already taken.

You’ll want to read how Obama sued Citibank for practicing “institutional racism” and even slavery …in 1994!

[T]he three plaintiffs received a total of $60,000. Their lawyers received $950,000.

This isn’t governance; it’s extortion under color of law by economic illiterates, jackleg race grifters, otherwise unemployable communists, backstairs Party crawlers and various other Democrats.

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The Seinfeld Administration

A SHOW-PRESIDENCY ABOUT NOTHING

Michael Goldfarb:

Nine months in and Obama has nothing to show for his presidency. The IOC—despite the combined charisma of Barack and Michelle Obama and Oprah—just nixed Chicago’s bid to host the 2016 Olympics. That’s what direct, presidential diplomacy will get you. But we see the same woeful failure across the world. North Korea, Iran, Israel–there has been zero progress on any of these fronts despite all the White House spin to the contrary. In Washington, cap and trade has gone nowhere, health care reform has become health insurance reform and even that looks like it’s in trouble. Oh and then there’s the stimulus. The one great accomplishment of the Obama presidency: So many jobs created and saved and saved again that we only lost 263,000 more this month.

NTTAWWT.

UPDATE: What if…? Remember this?

The Obama-Limbaugh Stimulus Plan of 2009: 54% of the $900 billion — $486 billion — will be spent on infrastructure and pork as defined by Mr. Obama and the Democrats; 46% — $414 billion — will be directed toward tax cuts, as determined by me.

Then we compare. We see which stimulus actually works. This is bipartisanship! …

I say, cut the U.S. corporate tax rate — at 35%, among the highest of all industrialized nations — in half. Suspend the capital gains tax for a year to incentivize new investment, after which it would be reimposed at 10%. Then get out of the way! Once Wall Street starts ticking up 500 points a day, the rest of the private sector will follow. There’s no reason to tell the American people their future is bleak. There’s no reason, as the administration is doing, to depress their hopes. There’s no reason to insist that recovery can’t happen quickly, because it can.

Pliven aside, what if, instead of letting Pelosi & Pals empty out their desk drawers of every last pet pork project they couldn’t get done for the last 20 years, the president had taken the Stimulus seriously? He was in such a hurry to pass Socialized Medicine, Socialized Energy and Socialized Socialism, he forgot people want jobs, not just programs. The Stimulus was treated as just a throw-away bone on his path to glory.

Rush was right. And Jeri Thompson is still real and still spectacular.

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Denial Is a Couch In the Folks’ Basement

THE EMPIRE OF OTTOMANS STRIKES BACK

Doc Zero, again:

The state-run economy has been languishing on the couch, tossing unread bills into a growing pile next to a half-eaten bag of Doritos and a nest of empty soda cans. It hasn’t held a steady job in months, and when its mom hassles it to get up and look for one, it whines that nobody’s hiring… but it keeps flipping to the shopping channels and ordering massive entitlement programs. It has drained the college funds of its unborn children, and sold them into indentured servitude for quick cash, after it maxed out every credit card it could find. The state-run economy has become hideously bloated, and it could use a good shower to wash off the stink of corruption, but it howls in psychotic rage if anyone dares to call it fat or smelly. It occasionally makes feeble promises to lose some of its flab, but it has no intention of keeping them. The only thing that will make it haul itself off the couch is the sight of someone it thinks it can squeeze money out of. It’s only a few years away from the fatal coronary it refuses to admit is coming.

Perfect.

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The 52 Percenters

(CORRECTION: “THE 25.5 PERCENTERS”)

“WHERE’S MY JOB, DUDE?”

The NY Post:

The unemployment rate for young Americans has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. — meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time.

A “a post-World War II high”? Finally–BHO trumps FDR!

Angrisani said he believes that Obama’s economic team, led by Larry Summers, has a blind spot for small business because no senior member of the team — dominated by academics and veterans of big business — has ever started and grown a business.

“The Reagan administration had people who knew of small business,” he said.

Gain rather than lose a quarter-million jobs per month? The deuce you say!:

During the 90-month Reagan expansion, an average of more than 240,000 jobs were created each month.

Just one more inside-out, upside-down, bass-ackwards Adventure in the Land of Bizarro President.

UPDATE WITH CORRECTION: It looks like the reporter confused “unemployment rate” with the “employment-population ratio”–details in the comments. Senior economist Bob Stein:

“…the jobless rate is 25.5% for teenagers, not the 52.2% reported by the Post. No idea where they got their figure.”

However, the Bureau of Labor Statistics still says “the proportion of young people who were employed in July was 51.4 percent, the lowest July rate on record for the series, which began in 1948.”

And independent of the story is the fact that Ronald Reagan grew jobs by pursuing exactly the opposite policies as we are following now, including 66 consecutive months of over a quarter-million jobs created. By contrast, Obama has been shedding a quarter-million jobs per month.

On the bright side, those receiving government checks can expect a little something extra to help them. No–I don’t mean Social Security or Veterans checks; there’s no cost-of-living increase coming this year. I mean if you receive a government paycheck as a congressman–in that case, you’ll be getting a $4,700 raise to help tide you over! Because the Pirates of Pelosi have done such a wonderful job and all.

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Public Enemy No. 1?

YOU BE THE JUDGE

and the legislature. Also the ACLU.

Heather Mac Donald on Chief Bratton, “Broken Windows” and Three Strikes:

Merely questioning the homeless for littering, selling illegal merchandise, and jaywalking, they said, constituted illegal harassment of the poor. UCLA law professor Gary Blasi charged the LAPD with trying to “ethnically cleanse” downtown to make way for gentrification. A hostile federal judiciary lapped up every preposterous charge the advocates leveled against the police, but the LAPD continued enforcing public-order laws on Skid Row, producing some of the largest crime drops in Los Angeles and bringing a modicum of sanity to streets that had resembled bedlam just five years earlier. The beneficiaries of this crime drop included elderly residents of the neighborhood SROs, vagrants seeking to get clean and turn their lives around, and low-income workers in the area’s intrepid small wholesalers and factories, who no longer found themselves victimized by psychotic drug users as a matter of course.

And now Charles Samuel will be taken off the streets and brought to justice [for murder], thanks to two Skid Row officers’ willingness to ignore ACLU propaganda and accost a vagrant drinking in public.

Three Carter appointees, U.S. District Judges Thelton Henderson and Lawrence Karlton, and U.S. 9th Circuit Judge Stephen Reinhardt just ordered the California legislature to spend millions on prison conditions. Otherwise, they’ll release a 47,000-man crime wave on the citizens of California.

Trouble is, the legislature has spent all the money already.

I don’t want to say that they’ve recklessly spent all of this generation’s money and are now greedily working on future generation’s, but Mr. Spacely just fired George Jetson from Spacely Sprockets because of their tax increases. California just told the Federation that the Enterprise must be put in drydock because it cannot afford any more Dilithium Crystals. Instead, Spock and Kirk will be issued a bus pass to boldly go bankrupt.

It’s not just about the debt; California’s Democrats have wasted so much money so foolishly for so long that they are actually putting their own citizens in danger with their extreme profligacy and extremist policies.

Now this, from the LA Times via Overlawyered:

In the last few months alone, the courts added more than a billion dollars to the state’s deficit by declaring illegal reductions in healthcare services, redevelopment agency funds and transportation spending. Another ruling threatens to deprive California of all its federal stimulus money if the state does not rescind a cut to the salaries of home healthcare workers. […]

“We are seeing more lawsuits and more victories by the groups filing them,” said Bob Hertzberg, a former Assembly speaker who now is chairman of California Forward, a think tank focused on reforming the budget process. “They don’t want to compromise. . . . It’s easier to hire lawyers than lobbyists, and you probably get better outcomes.”

So that government by lawyer might not perish from the earth.

Do you have a lobbyist? You’re supposed to; your elected representatives are supposed to be your lobbyist. Did you know that? It seems quaint, almost delusional to even say such a thing today.

Had enough yet, voters?

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“Og no like machine!”

OG FOR SENATE!

In primitive societies, when tribesmen encounter a smoke-belching machine and wish to kill it in order to appease their Weather God, the hunter/gatherers simply beat it to death with sticks and rocks.

However, in our advanced society, when we wish to appease the Weather God, we have senators and congressmen beat an engine to death with rules and regulations.

But first, we borrow $3 billion from the Chinese. With interest.

I forget–which society is the superstitous and ignorant one?

UPDATE: Come to think of it, if you spend all day digging holes and filling them back in, the chief will not pretend you have increased the wealth of the tribe and pay you 4,500 extra grubs. In fact, he will probably beat Og about the head and neck with goat entrails for wasting valuable effort.

I told Og not to go to college and read Marx.

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What’s In Your Wallet?

COS’ WE’LL BE COMING FOR IT

Are you drowning in debt? Do you lie to others about your true financial condition? Are you trapped in an endless spiral of borrowing and spending?

Then you need the professionals at Congressional Credit Card Counseling on your team!

We can help you with your debt problem using our patented Three-Step Solution.

First, run up your debt as high as you want by spending other people’s money. It will also help if you cripple their businesses with costly and debilitating regulations and pie-in-the-sky Free Lunch mandates, as was done to the housing, health care and auto industries.

Second, when you have run up your debt as high as is humanly possible–then spend even more! In fact, we recommend you quadruple your debt in just one year.

And thirdly–and this is vital–when you have absolubtly, positively maxed-out all your credit cards…apply to Congressional Credit for dozens of shiny new credit cards so you can continue to spend, spend, spend!

That’s how we do it here in Congress, and it’s worked like a charm for us. Others talk a good game, but we’ve got a proven track record when it comes to building massive debt!

In fact, we even give money to groups as diverse as GM, AIG, the Los Angeles School District and ACORN so that they can use that money…to lobby us for even more money! It’s amazing!

Here are some testimonials from just a few of our satisfied customers:

“Every time I called with a question, my Representatives were always very courteous and friendly. No one made you feel like a bad person because you had accumulated so much debt–maybe because their spending was even worse!”–B. Madoff, NYC

“After being in the program for some time we have been able to accumulate many new debts and start to destroy a once-solid credit rating by living well beyond our financial means. The Congressional counselors are very helpful. We are well on our way to being financially insolvent again.”–Deval P. from MA

“I greatly appreciate all of the assistance your legislature has provided in helping me to balloon my debt. I never would have been able to max out all of my state’s credit cards in such a short period of time without this program. And what the heck do I care–I’m fleeing to Washington and leaving it for others to clean up my mess!”–Janet N. from Arizona

“Right behind you, Janet!”–Kathleen S. from Kansas

“My state is $24 billion in debt this year alone–and that’s after our Stimulus Bail-out! I’m sure glad vee spent $3 billion (plus interest) on cloning!–Arnold from Sacramento, CA, aka “Clonan the Barbarian”

“I run a major country. I blame the previous CEO for running up our deficits. And my solution to his overspending? To spend even more, more in the next few years than in the last two centuries combined! Thanks, Congressional Credit Card Counseling–I couldn’t do it without you! I “owe” you one-heh heh!”–B. Hussein O., Washington, D.C.

And if you act now, we’ll also send you our new “Pay As You Go” card. You might think it would limit your spending–but no worries!

Our new Pay/Go legislation is so chock full o’ exemptions, it will actually allow you to spend more than ever–while fooling those pesky rubes back home that you’ve finally got your spending addiction under control! It’s beautiful, man!

Call Congressional Credit Card Counseling now at 1-800-PLEASECHINAPLEASE!

As we say in Congress: “It’s All About the ‘Owe’!”

(Available in all states, including SC. In fact, not only is it available, it’s mandatory. Even if you don’t want to take the money, we’ll get some judges to force you to take it.)

Drink the Kool-Aid! And remember: your greedy great-great-grandchildren owe you!

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“Bonfire of the In-Nan-ities”

IN WHICH SAN FRAN NAN JUMPS OUT OF THE PAN

and into the Liar’s Fire.

“Nancy Pelosi’s lies are so transparent, birds are slamming into them.”–Andy Levy

That’s funny–but not as funny as Pelosi’s naive faith in municipal bus driver Ralph Hussein O’Cramden (Sorry, Mike 😉

She thinks that just because she’s got a Honeymooner’s Crush on him, he will run interference for her and protect her from the CIA.

Nancy, did you or did you not see that trail of bodies underneath his bus? I remind you that you’re under oath.

There are several lessons here for conservatives.

Lesson #1: Jackie Gleason: Still a National Treasure.

Lesson #2: Democrats opposed Bush fiercely and regained power. We should do likewise.

Lesson #3: But because they did it so dishonestly, they are now paying the price.

*When she realized that it was a way to regain power, Pelosi ruthlessly lied about her approval of waterboarding.

*Obama, in a Friday night document dump, just retracted his campaign demagoguery about military tribunals. Now, they are no longer kangaroo courts, but a vital part of our justice system.

*Democrat legislators bleated on and on about closing Gitmo–and now find that the alternative is either freeing sociopathic mass-murderers, or worse, having them incarcerated in that congressman’s district! The HORROR!

You’ve never seen NIMBY like you’re about to see it!

In other words, we need to oppose Obama fiercely, but unlike the Democrats, honestly.

And we also need maturity. Otherwise, I might say something like “Al Franken is still a big, fat doody-head.” Honestly.

(Hat-tip: Hot Air)

UPDATE: The San Francisco Treat–Nancy’s very latest version:

“…’Waterboarding’? No wonder…I thought you said ‘water-sporting’!”

“As Ranking Member of the Foreign Operations Appropriations Subcommittee in the 1990s, I helped secure the first funding for the Torture Victims Relief Act to assist those suffering from the physical and psychological effects of torture.

That’s why I propose we give Khalid a million dollars and…a fabulous NEW CAR!!!

“Those conducting the briefing promised to inform the appropriate Members of Congress if that technique were to be used in the future.

‘Cos if you can’t trust the word of a torturer, who can you you trust, really?

Sure, I could have spoken up and prevented the worst War Crimes in History, but my hemorrhoids were flaring up that week. It’s all in Bob Graham’s journal–you can check!

“Following that briefing, a letter raising concerns was sent to CIA General Counsel by the new Democratic Ranking Member of the House Intelligence Committee, the appropriate person to register a protest.”

I screwed that Israeli-lover Harman out of her chairmanship and here I am hiding behind her fig-leaf; life sure is funny.

“But no letter could change the policy. It was clear we had to change the leadership of the Congress and the White House. That was my job.

I was too busy to object because I was on a super-secret mission that no other politician had: to win elections!

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Evil corporation strongarms workers, destroys thousands millions billions of union jobs

And it couldn’t have happened to a nicer bunch of assholes:

The New York Times Co. said last night that it is notifying federal authorities of its plans to shut down the Boston Globe, raising the possibility that New England’s most storied newspaper could cease to exist within weeks.

After down-to-the-wire negotiations did not produce millions of dollars in union concessions, the Times Co. said that it will file today a required 60-day notice of the planned shutdown under the Worker Adjustment and Retraining Notification law.

Howie Carr dines out on a heaping helping of schadenfraude:

They’ll need to set up a makeshift morgue in the newsroom. Five science reporters? Whatever they do, they’re not going to be doing it anymore. The Globe “magazine” is skinnier than a CVS circular. See ya!

As for the future job prospects of the about-to-be-unemployed, I am reminded of the old New York Titans’ final AFL game in 1962. The owner, a few sheets to the wind, drifted into the locker room before kickoff and delivered a pep talk to his players

“For most of you,” he said, “this is your last game. Most of you aren’t good enough to play anywhere else.”

It’s funny ’cause it’s true.

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This time, you’ve gone too far!

JONAH vs. THE FISHY

Bob Shrum:

It’s amusing to watch unilateralist Republicans invoke European opinion to shore up their opposition to an American President. But perceptive conservatives are also beginning to fret that Obama just might be succeeding. George Will has opined that economic recovery won’t be due to Obama’s policy – a preemptive myth in the making.

Jonah Goldberg:

Shrum wants to smack “unilateralist” Republicans for invoking European opinion. But Shrum leaves out the reason why critics are invoking European opinion. It’s that Obama and his spinners insisted that The One would be able to get our allies to cooperate with us more. He can’t. Why on earth can’t “unilateralists” point that out?

They did indeed claim that all of Europe would prostrate before His Prostate and bow before His Brow. But the point is that when even big-spending Bailout Recipient Euro-Socialists tell you you’re spending too much…

In other words, when even the street-walkers think you’re trashy, Jack–you trashy!

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Cap’n Mortgage and the Pirates of the Potomac

WHEN AN STRUCTURAL ENGINEER FAILS, A BRIDGE FALLS. SO WHAT HAPPENS WHEN A SOCIAL ENGINEER FAILS?

“The source of contention between conservatives and liberals, the point at which the real fight begins, is when liberals say, ‘Government has enormous power; let’s use that power to make things good.’ It’s the wrong tool for the job. The liberal is trying to fix my wristwatch with a ball peen hammer.”–P.J. O’Rourke

At Mike’s suggestion below, I read The Other McCain’s excellent and feisty post on Obama’s Mortgage Bailout entitled “Foreclose and Evict the Deadbeat Scum”. I was struck by the story of one of the commenters there.

He mentioned how after many years, he had to sell his house at a loss and move. A crime wave had hit his neighborhood when poor people including some riff-raff were given mortgages to move in.

When I Was a Kid(tm), we walked to school uphill both ways in the snow–and that was in Miami! Back then, banks were impressive places–you combed your hair before you went in. NINJA mortgage loans?–No Income, No Job, No Assets?–forget it. Hell, back then, they didn’t even let you in the lobby without a job.

All that has changed. But before the Financial Engineering, first came Social Engineering. Our Elites decided it was Cosmically Unfair for poor people not to live in mansions.

And the next thing you know, your house is being broken into, you are selling at a loss in order to flee the crime and the whole thing melts down worldwide. All because a Desperate Housemember thought he could use government to institute the Vision of the Annointed and establish Cosmic Justice on Wisteria Lane.

Banking Chairman Bonnie Fwank says he wants to see the guilty prosecuted. Then get a lawyer and go down to the precinct and turn yourself in, Bon. We need to “Foreclose and Evict the Deadbeat Scum” in Washington first anyway.

It reminds of the social engineering of Affirmative Action. Universities are so hungry for black students that many end up going to schools that are over their heads. The A-schools snap up all the A and B black students. Then the B-schools snap up all the C-students, and on it goes. It makes the University staff feel good about themselves, but it harms the students.

Like giving poor people big mortgages, it’s done with the best of intentions. And it fails miserably.

From an economic point of view, Cap’n Obama’s plan freezes failure into place, rather than letting it be resolved through banruptcy or other usual processes. Since when did we decide that Government was going to protect every financial transaction from failure? If nothing is ever going to be allowed to fail again, then every business will become a money-loser like Amtrak, with inferior products like GM and poor service like the DMV; brush up on your Russian, comrade.

I don’t want to see anybody homeless, but maybe they need to go back to renting. This whole mess started by government interfering with the markets, and it will not be solved by more government interference with the markets. That will merely prolong the misery.

This is exactly why conservatives favor Limited Government. It’s not that we don’t want people to prosper–it’s the exact opposite. We don’t see a problem and say; “Gosh, Government could fix that if we would only let it it–but we’re philosophically opposed.”

We say “Yes, there’s a problem–but Government will screw it up and make it ten times worse. We’d better look for a free market solution from free people freely arrived at.”

The real problem is not these mortgages anyway–many of these people couldn’t keep their houses if their mortgages were cut in half. It is the billions going to prop up failure at Freddie Mac and Fannie Mae. They never should have been invented.

As hybrid public/private institutions, they managed to incorporate the worst of both worlds; they paid off legislators like Barack Obama with contributions as a private business might, yet they were considered to have the full backing of the government thus insulating them from real-world business practices. Politicians used them to give away “free” mortgages, as if ’52 Merlot could be made to flow from public fountains as unicorns frolic in sylvan fields while crapping magic pellets that could both fuel our cars and cure erectile dysfunction.

Freddie Mae, Fannie Mac, Penn and Teller–they should all be abolished. Mortgages would still get done–by real businesspeople, not time-serving, politically-connected hacks and looters.

Government can barely do the few jobs that are rightfully it’s own. Yet we’ve made it a first resort instead of the last resort it was designed to be. For the crowd that’s now in power, it is the ONLY RESORT. There is absolutely nothing they consider as outside of Government’s scope.

That’s beyond Fascism or even Communism. It’s Statism.

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Remember This?

Treacher didn’t forgetBig hat tip there. This is an excerpt from Sarah Palin’s speech to the Republican National Convention in 2008.   She called it.  Can’t say you weren’t warned.

We’ve all heard his dramatic speeches before devoted followers.

Check.

And there is much to like and admire about our opponent.

But listening to him speak, it’s easy to forget that this is a man who has authored two memoirs but not a single major law or reform – not even in the state senate.

Really, to ask more of this man is to effectively brand yourself a racist. Wouldn’t you agree?   You wouldn’t? Racist.

This is a man who can give an entire speech about the wars America is fighting, and never use the word “victory” except when he’s talking about his own campaign.

Because he won.

But when the cloud of rhetoric has passed … when the roar of the crowd fades away … when the stadium lights go out, and those Styrofoam Greek columns are hauled back to some studio lot – what exactly is our opponent’s plan? What does he actually seek to accomplish, after he’s done turning back the waters and healing the planet? The answer is to make government bigger … take more of your money … give you more orders from Washington … and to reduce the strength of America in a dangerous world. America needs more energy … our opponent is against producing it.

Take more of your money?  Check. Check. Check…and….check.

Make government bigger? Check.

America needs more energy? Check.

Victory in Iraq is finally in sight … he wants to forfeit.

Check.

Terrorist states are seeking nuclear weapons without delay … he wants to meet them without preconditions.

Check.

Al Qaeda terrorists still plot to inflict catastrophic harm on America … he’s worried that someone won’t read them their rights?

Check.

Government is too big … he wants to grow it.

Check.

Congress spends too much … he promises more.

Check.

Taxes are too high … he wants to raise them. His tax increases are the fine print in his economic plan, and let me be specific.

Check.

The Democratic nominee for president supports plans to raise income taxes … raise payroll taxes … raise investment income taxes … raise the death tax … raise business taxes … and increase the tax burden on the American people by hundreds of billions of dollars. My sister Heather and her husband have just built a service station that’s now opened for business – like millions of others who run small businesses.

Check.

How are they going to be any better off if taxes go up? Or maybe you’re trying to keep your job at a plant in Michigan or Ohio … or create jobs with clean coal from Pennsylvania or West Virginia … or keep a small farm in the family right here in Minnesota.

Check.

How are you going to be better off if our opponent adds a massive tax burden to the American economy?

We’re not. But no one cares anymore.

Start buying gold.  You’ll need it for the stimulus-induced hyperinflation to follow.  The Fed is starting to run out of ammunition.

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