Yesterday, the House rejected the massive, irresponsible bailout that would transfer bad Wall Street debts onto the backs of the American taxpayer. The package reflects the typical attitude of Congress: throw money at the problem, but don't address the root causes of the problem.
This is like a bunch of inept doctors treating a gunshot victim. The victim comes into the ER bleeding heavily and the doctors rush around to stop the bleeding - the immediate problem that they see. After getting the bleeding under control, the doctors close up the wound without removing the bullet or treating the resulting infection. So, even though the doctors were able to keep the victim from bleeding out, he still dies.
Harvard economist, Jeffry A. Miron, has a great column on the underlying causes of the crisis and what should be done to solve the problem.
Tuesday, September 30, 2008
Wednesday, September 24, 2008
Fight the Wall Street Bailout
The good people at FreedomWorks are currently fighting the proposed $700 billion bailout of Wall Street investors. Head on over to www.nowallstreetbailout.com and lend your voice to the cause.
Politico has an article featuring the work that FreedomWorks has been doing to stop irresponsible bailouts.
Also, Reason Magazine has an incredible article outlining how the current financial crisis is not a failure of the free market, contrary to the claims of those on the left and in the media.
Politico has an article featuring the work that FreedomWorks has been doing to stop irresponsible bailouts.
Also, Reason Magazine has an incredible article outlining how the current financial crisis is not a failure of the free market, contrary to the claims of those on the left and in the media.
Jonah Goldberg And I Are On The Same Page
Jonah Goldberg's column in today's L.A. Times highlights many of the same points as my recent post about the assertion that the only way Sen. Obama can lose is because of racism.
Monday, September 22, 2008
Biden Denounces Obama Ad
No, that title is not a mistake. In a recent campaign appearance, Sen. Barack Obama's running mate, Sen. Joe Biden, denounced a television ad released by the campaign as "terrible." The ad in question, which was paid for by the Obama campaign, mocked Sen. McCain as out of touch based on his admission that he is not good at using a computer and can't send an email.
Sen. Biden went on to say that "if I had anything to do with it, we'd have never done it." Maybe that's because Sen. Biden knows that the reason Sen. McCain can't send an email is because of the wounds that he received as a POW during Vietnam. The injuries, which prevent Sen. McCain from lifting his arms above his shoulders, make it painful for him to use a keyboard. Thus, Sen. McCain will often dictate his emails to his wife, Cindy, or a member of his staff.
Despite Sen. Biden's denouncement of the attack, Sen. Obama has yet to apologize for exploiting Sen. McCain's disability for political gain.
I can't help but wonder that if Sen. Obama were running in 1932, if he would have attacked FDR for not being able to walk.
Sen. Biden went on to say that "if I had anything to do with it, we'd have never done it." Maybe that's because Sen. Biden knows that the reason Sen. McCain can't send an email is because of the wounds that he received as a POW during Vietnam. The injuries, which prevent Sen. McCain from lifting his arms above his shoulders, make it painful for him to use a keyboard. Thus, Sen. McCain will often dictate his emails to his wife, Cindy, or a member of his staff.
Despite Sen. Biden's denouncement of the attack, Sen. Obama has yet to apologize for exploiting Sen. McCain's disability for political gain.
I can't help but wonder that if Sen. Obama were running in 1932, if he would have attacked FDR for not being able to walk.
Wednesday, September 17, 2008
Quotes of the Day - A New Kind of Politics
Barack Obama: "I want you to argue with them and get in their face."
John McCain: "One of the things Americans are tired of, one of the things they're tired of is people yelling at each other in America, have you noticed that? They want us to respect each other's opinions...Americans want a dialogue."
Which view represents a new, more hopeful kind of politics?
John McCain: "One of the things Americans are tired of, one of the things they're tired of is people yelling at each other in America, have you noticed that? They want us to respect each other's opinions...Americans want a dialogue."
Which view represents a new, more hopeful kind of politics?
The Race Card
Is the Barack Obama campaign laying the foundation to claim racism in the event that he loses the election on November 4? Based on the recent comments by many of his prominent supporters and members of the media, it would seem so. Here are a few examples:
- Kansas Gov. Kathleen Sebelius: “Have any of you noticed that Barack Obama is part African-American? That may be a factor. All the code language, all that doesn't show up in the polls. And that may be a factor for some people.”
- Tom Brokaw, "Meet the Press": "if Senator McCain wins...does he win because of race and playing the race card?
- Jack Cafferty, CNN: "The differences between Barack Obama and John McCain couldn’t be more well-defined. Obama wants to change Washington. McCain is a part of Washington and a part of the Bush legacy. Yet the polls remain close. Doesn’t make sense…unless it’s race."
-Chris Matthews, MSNBC: [discussing polling with Joe Scarborough the morning after Obama lost the New Hampshire primary] "Methinks Paleface speak with forked tongue."
- Jacob Weisberg, columnist for "Slate": [title of column] "If Obama Loses: Racism is the Only Reason McCain Might Beat Him"
- Howard Dean, DNC Chair: "folks of color, and even women, are more successful in the Democrat Party than they are in the white, excuse me, the Republican Party."
- Sen. Barack Obama: "They're going to try to say, 'well, you know, he's got a funny name' and 'he doesn't look like all the presidents on the dollar bills and the five-dollar bills.'" [he said this comment in several stump speeches until it became an issue]
While I believe that voting against Sen. Obama simply because of his race is deplorable, I am insulted by the insinuation that the only way Obama can lose the election is because of racist voters. Yes, racism still exists and is a problem. However, the United States has come a long way and those individuals who will cast their votes based on race are a very small minority of the population.
Elitists in the Democratic party and the mainstream media are essentially suggesting that I am a racist because I will not be voting for Sen. Obama. In their minds, there is absolutely no way that anyone could [or should] disagree with his big government, boarder-line socialist policies. Therefore, if I dare to disagree with the enlightened one, then I must be a racist - a sad relic from a bygone era who just can't seem to get with these modern times.
It's interesting that most of the comments listed above (in addition to countless others I found) came after Sen. McCain overtook Sen. Obama in the polls. To the Obama campaign and its surrogates in the mainstream media, this was unthinkable - Obama's victory was a foregone conclusion. Faced with the reality that this is going to be a tight race and that Sen. Obama very well could lose in Novemer, the DNC has resorted to scare tactics and name-calling in order to shame people into "falling in line" behind Sen. Obama.
Is this the "new" kind of politics that we were promised?
- Kansas Gov. Kathleen Sebelius: “Have any of you noticed that Barack Obama is part African-American? That may be a factor. All the code language, all that doesn't show up in the polls. And that may be a factor for some people.”
- Tom Brokaw, "Meet the Press": "if Senator McCain wins...does he win because of race and playing the race card?
- Jack Cafferty, CNN: "The differences between Barack Obama and John McCain couldn’t be more well-defined. Obama wants to change Washington. McCain is a part of Washington and a part of the Bush legacy. Yet the polls remain close. Doesn’t make sense…unless it’s race."
-Chris Matthews, MSNBC: [discussing polling with Joe Scarborough the morning after Obama lost the New Hampshire primary] "Methinks Paleface speak with forked tongue."
- Jacob Weisberg, columnist for "Slate": [title of column] "If Obama Loses: Racism is the Only Reason McCain Might Beat Him"
- Howard Dean, DNC Chair: "folks of color, and even women, are more successful in the Democrat Party than they are in the white, excuse me, the Republican Party."
- Sen. Barack Obama: "They're going to try to say, 'well, you know, he's got a funny name' and 'he doesn't look like all the presidents on the dollar bills and the five-dollar bills.'" [he said this comment in several stump speeches until it became an issue]
While I believe that voting against Sen. Obama simply because of his race is deplorable, I am insulted by the insinuation that the only way Obama can lose the election is because of racist voters. Yes, racism still exists and is a problem. However, the United States has come a long way and those individuals who will cast their votes based on race are a very small minority of the population.
Elitists in the Democratic party and the mainstream media are essentially suggesting that I am a racist because I will not be voting for Sen. Obama. In their minds, there is absolutely no way that anyone could [or should] disagree with his big government, boarder-line socialist policies. Therefore, if I dare to disagree with the enlightened one, then I must be a racist - a sad relic from a bygone era who just can't seem to get with these modern times.
It's interesting that most of the comments listed above (in addition to countless others I found) came after Sen. McCain overtook Sen. Obama in the polls. To the Obama campaign and its surrogates in the mainstream media, this was unthinkable - Obama's victory was a foregone conclusion. Faced with the reality that this is going to be a tight race and that Sen. Obama very well could lose in Novemer, the DNC has resorted to scare tactics and name-calling in order to shame people into "falling in line" behind Sen. Obama.
Is this the "new" kind of politics that we were promised?
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