Saturday, August 28, 2010

Stuck - NEWSPAPER COLUMNS: "Then suddenly, he tanked. Australians at large began to grasp the relationship between his pie-in-the-sky carbon schemes, punitive mining industry taxation, etc. -- and economic doom. It became clear that, under his leadership, Labour would be annihilated.

In June, he went down. One morning he was prime minister, but the next, his deputy, Julia Gillard, had replaced him, with a promise that the party would now steer towards the grey in the ideological spectrum.

This is where the analogy with U.S. politics stops, for, under Australia's Westminster model, it actually is possible for a party caucus to dump a prime minister who has made a hash of everything. Under the U.S. system, Democrats who now realize that Barack Obama was the worst thing to hit them since Jimmy Carter are stuck with him for years to come. Nor is it possible to impeach a U.S. president for mere incompetence.

What the Democrats can do, and are doing, is run against their own president. With the prospect of annihilation approaching in mid-term elections this year, and ever more formerly safe Democrat seats in contest, those at greatest risk are making the biggest distance."
There's even a Democrat running as an "independent conservative" who voted with botox Nancy 96% of the time! You can fool all O the people all O the time!

O hell

Moonbattery: Open Thread: "Via Freaking News, on a tip from TED."
O hell.


Power Line - Back at the Lincoln Memorial, 47 years on: "47 years to the day after participating in the great civil rights march on Washington, I returned to the same space for Glenn Beck's 'Restoring Honor' rally. In 1963, a crowd of roughly 200,000 filled the 'reflecting pool' area below the Lincoln Memorial. Today's crowd packed that area as well as adjacent areas on all three sides. In fact, the throng extended most of the way to the Washington Monument, where the 1963 march began. To me, it looked like there were at least three times as many people at this rally.

The crowd was extraordinarily courteous and polite. I saw virtually no signs except on the way the gathering. Once at the grounds of the rally, I saw only American flags, a few 'Don't Tread on Me' flags, and one Israeli flag."
I caught most of the last two thirds or so on CSPAN. This was impressively done right down to the music.

Too bad only a couple of dozen showed up. And how violent and ugly and hateful it got -- just like Pravda the mass media said it would.

And please donate to the Special Operations Warrior Foundation. I did.

Friday, August 27, 2010

Positively Marginal

A Brief History of Economic Thought — By Jim Cox — "The marginal revolution of the 1870′s–with Carl Menger in Austria, William Stanley Jevons in England, and Leon Walras in Switzerland each writing independently and in differing languages–reestablished the correct marginal approach. As stated by Joseph Schumpeter in The History of Economic Thought:
It is not too much to say that analytic economics took a century to get where it could have got in twenty years after the publication of Turgot’s treatise had its content been properly understood and absorbed by an alert profession. p. 249
Unfortunately, the theory was perverted into a mathematized method with the rush to positivism in the 20th century.
The Austrian tradition of Menger was completed in the theories of Ludwig von Mises with the application of marginal utility analysis applied for the first time to money, which in turn led to the correct business cycle approach during the 1920′s."


Moonbattery: The Face of Sharia: "This is what our liberal ruling class so sanctimoniously sides with in the name of its bogus 'tolerance.' Yet Christianity, which no sane person could use to justify the barbaric behavior that characterizes the Muslim world, is considered beyond tolerable."

God Bless The Kuffar

Moonbattery: Pat Condell on Ground Zero Mosque: "Straight talk from Pat Condell on the latest intolerable provocation by Muslims and their liberal allies:"

Wednesday, August 25, 2010


Little-known fact: Obama's failed stimulus program cost more than the Iraq war | Washington Examiner: "Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.

The meme is simple: The economy is in a shambles because of Bush's economic policies and his war in Iraq. As American Thinker's Randall Hoven points out, that's the message being peddled by lefties as diverse as former Clinton political strategist James Carville, economist Joseph Stiglitz, and The Nation's Washington editor, Christopher Hayes.

The key point in the mantra is an alleged $3 trillion cost for the war. Well, it was expensive to be sure, in both blood and treasure, but, as Hoven notes, the CBO puts the total cost at $709 billion. To put that figure in the proper context of overall spending since the war began in 2003, Hoven provides this handy CBO chart showing the portion of the annual deficit attributable to the conflict:"