Because they’ve been so trustworthy before.

The socialists are promising that THIS time it will be different. Forget about that whole Medicare thing where we promised to take care of a small SLIVER of our population (the elderly). Forget that we utterly failed. Focus instead how THIS TIME it will be different and that we’re more effectively manage the health of [...]

Snapshot.

Has Obama rescued the economy? You very well may think that if you get your news from the NY Times or MSNBC or any one of a trillion other mouthpieces for the Democrat party, but reality (as it often does) has intervened to spoil the party.
Cast thine eyes on this from the indispensible Innocent Bystanders [...]

Gobbledegook.

Had to read this headline twice.
Obama seeks fiscal responsibility mantle
He’s seeking it now? I mean, it’s nice, if it’s true, but I can’ t believe that this is about anything except Obama trying to cover his ass after his MASSIVE outlay of irresponsible spending contained in the “stimulus” package. Let’s see what you think.
WASHINGTON (Reuters) [...]

Who do you love?

Can’t you hear Lonesome George Thorogood growling the good news?
Voters now [love] trust Republicans more than Democrats on six out of 10 key issues, including the top issue of the economy.
The latest Rasmussen Reports national telephone survey finds that 45% now trust the GOP more to handle economic issues, while 39% trust Democrats more.
This is [...]

And the band played on.

May unemployment numbers are in, and they’re pretty bad. Worse, worse in fact, than even Obama’s crack team of experts predicted.

Has the stimulus made things worse?

 
 
I guess there are 2 ways of looking at that steaming mess, aren’t there?
First, Obama’s estimates for joblessness with and without the stimulus were way off. An amateur making an [...]

You don’t say.

NEW YORK Reuters – Vice President Joe Biden acknowledged on Tuesday that some waste is inevitable in the spending of a $787 billion economic stimulus package, in a characteristically blunt assessment.
“We know some of this money is going to be wasted,” Biden said during a roundtable discussion in New York with business leaders aimed at [...]

Act now!

We’ve all seen the infomercials. The hucksters claiming that their extra special product “won’t last” or that their “supplies are limited” They tell us that their offer is only available “for a limited time” and as an extra incentive to get us to open our wallets, tell us that the “first 100 callers” get [...]

Colossal waste.

In early January, 2 members of President Elect Obama’s economic team, Christina Romer and Jared Bernstein, published what Team Obama was billing as their plan for economic recovery. You can find the full text of the document here. In it, we were shown how unprecedented massive government spending was to be our ticket out of [...]

What is a Republican?

Does Specter matter? Whether he calls himself a Democrat or a Republican won’t change how he votes. If you’ve forgotten, he voted FOR the stimulus package, so what kind of Republican is he? The answer, unfortunately is that he’s the type of Republican that’s really not much different than a Democrat anyway, so what’s the [...]

The tingling means its working.

April 26 (Bloomberg) — The U.S. economy will continue to contract “for some time to come,” said Lawrence Summers, director of the White House National Economic Council.
“I expect the economy will continue to decline,” with “sharp declines in employment for quite some time this year,” Summers said today on “Fox News Sunday.”
via Summers Says [...]

When and how it all went sour.

Tom Blumer at PJTV presents some interesting research of the economic collapse which began last summer and has resulted in record low federal tax receipts as entrepreneurs, business owners and individuals scrambled for shelter from the coming Obama storm:
April 2008 saw an all-time record for federal tax collections of over $400 billion, largely buoyed by [...]

Why is this so hard?

OK.
Imagine you own a business. Your object of course is to produce lots of quality stuff that people want to buy at prices that will permit you to make a profit. This profit will permit you to keep making these things, and keep selling them to people who want to buy them. If you were [...]

But what do readers think?

It seems that the NY Times is retiring its stand-alone “City” section–an event which inspired a sentimental retrospective in yesterday’s NY Observer.
Last week New York Times executive editor Bill Keller announced that the paper would be restructuring its Sunday Metro section to incorporate pieces that previously would have appeared in the stand-alone City section, and [...]

Spot on.

Via Professor Bainbridge, an extremely relevant political cartoon from 1934:

Sound familiar?

Don’t get distracted.

Keep your eyes on the prize, everyone.
For President Obama, autos and banks are sideshows. Enormous sideshows, to be sure, but had the financial meltdown and the looming auto bankruptcies not been handed to him, he would hardly have gone seeking to be the nation’s credit and car czar.
Obama has far different ambitions. His goal is [...]

I question the timing.

Ever wonder why the Obama Administration, the Pelosi House and the Reid Senate don’t just step out of the way and let Citi, AIG, Goldman Sachs, Morgan Stanley, etc. all just file for Chapter 11 reorganization like any other company would have had to do?
I’ve wondered the same thing.

“The more the plans fail, the more the planners plan.”

Here’s Ronald Reagan speaking at the RNC in 1964. The target of his wrath at the time was LBJ’s “Great Society”, but it’s essentially the same enemy we’re battling today. Vast, sprawling, government. His comments on Social Security, welfare, freedom and individualism are timeless and so crucially relevant today.

“The trouble with [...]

Dry run.

Put in charge of making sure that taxpayer money didn’t get wasted, the vaulted Obama administration has brought the current AIG debacle to our doorsteps. What does this portend for the rest of the Obamagenda?
Jennifer Rubin at Commentary absolutely nails it:
The president’s New Deal II agenda depends on two premises — the sky is falling and [...]

More AIG.

Senator Chris Dodd (D-CT) wants to pass a law that permits the federal government to recoup the recent AIG bonuses through a confiscatory tax. There are several problems with this, but this one seems an especially vexing one for Mr. Dodd (at least as far as his credibility is concerned):
While the Senate was constructing the [...]

There will be blood.

Here’s a chart from Obama’s budget that we all should take some time to consider:

Obama finds something wrong with the top 1% of earners making nearly 25% of all income. You may hear that spoken at a cocktail party too over the course of the next few months. To which you should all reply—-and? Other [...]

A National Crisis?

What do you make of the fact that 50% of all home foreclosures last year happened in only 35 United States counties clustered in about 7 States?
 
Does it make you wonder whether this is a National Crisis or not?
It sure makes me feel that way.
Eventually, the responsible people of this country are going to learn [...]

Go to the mattresses.

From David Harsanyi today:
[L]et’s, for the sake of argument, concede that presidents trigger recessions. Well, then, we also must concede that nearly every initiative enacted in the first 50 days by the Obama administration has exacerbated what Bush started.
Isn’t it too early to judge? It would be if Obama had not accelerated the timeline with [...]

But does he practice Santeria?

With all those hundreds of billions, you’d at least think he’d have a coherent answer to these types of questions:
WASHINGTON (Reuters) – President Barack Obama said he could not assure Americans the recession-mired U.S. economy would start growing again later this year, The New York Times said on Saturday.
“I don’t know that anyone has that kind of [...]

Rockin’ and a-rollin’, splishin’ and a-splashin’.

So have you heard about the Tea Party phenomenon that’s been sweeping the nation? Maybe “sweeping” is too “American Bandstand” for you, but there’s definitely a movement afoot in towns and cities across the nation to protest the abominable government spending programs enacted recently by the Obama administration.
Here’s a Foxnews report:

And [...]

Which little piggy went to market?

Fascinating analysis.
Ever hear of Intrade.com? If not, you should go check it out. It’s a “prediction market” site that permits you to buy and sell shares of whether an event is likely to happen. For example, there is a “bet” you can make right now on the site on whether a Democratic candidate will win [...]