Winning that Nobel Prize must’ve gotten to Paul Krugman’s head… Either that or he is interested in a job with the Obama administration.
He thinks the $9 trillion deficit over the next decade is quite all right. In fact, he thinks we need more!
In fact, we would be better off if governments were willing to run [...]
Krugman: More deficits, please!
The constitutionality of ObamaCare
The legality of a sweeping health care bill which mandates every citizen to have coverage is worthy of an analysis. David Rivkin Jr. and Lee Casey, both served under President Bush’s Justice Department, have written an op-ed in The Washington Times:
The otherwise uninsured would be required to buy coverage, not because they were even tangentially [...]
The real un-Americans are the majority in Congress
How dare a couple of elitist, left-wing, liberal Democrat leaders in Congress write an op-ed in USA Today labeling those who oppose ObamaCare as “un-American”?! House Majority Leader Steny Hoyer (D-MD) and Speaker Nancy Pelosi (D-CA) writes:
These disruptions are occurring because opponents are afraid not just of differing views — but of the facts themselves. [...]
The audacity of health care details
Health and Human Services Secretary Kathleen Sebelius insults voters’ intelligence with her op-ed in the Washington Post where she essentially tells readers not to sweat the details of the health care bill. Just pass it and the rest will work itself out. Trust me.
Health insurance is fundamentally about peace of mind. If you have good [...]
More about the unconstitutional bailout legislation
There has been a lot of interest in the constitutionality of the Emergency Economic Stabilization Act of 2008 (EESA) and the TARP funds. I see a lot of Internet searches about this. George Will has a very good piece in the Washington Post about this topic:
By enacting it, Congress did not in any meaningful sense [...]
Not good for Obama: Even the NYT mentions ‘Katrina’ and ‘Obama’ in the same sentence
An NYT op-ed calls it Obama’s “Katrina moment.” Not a good sign at all.
As much as author Frank Rich gives readers a good run-down of the events leading to the current circus (with clowns Tim Geithner, Jay Leno, Edward Liddy, Chris Dodd, and President Obama himself), he ultimately shows his liberal side:
As the nation’s anger [...]
Confused moderate-conservatives
Voter’s remorse. Is that what David Brooks of the NYT is really saying?
Those of us who consider ourselves moderates — moderate-conservative, in my case — are forced to confront the reality that Barack Obama is not who we thought he was. His words are responsible; his character is inspiring. But his actions betray a [...]
Economy, preprare to be stimulated… or not
The bad news? The House passed the nearly $900 billion stimulus package.
The good news? Not one Republican voted for it. That ought to send a clear message.
Conservative talk show master Rush Limbaugh offers his version in the WSJ:
Fifty-three percent of American voters voted for Barack Obama; 46% voted for John McCain, and 1% voted for [...]
Stimulus package not large enough?!
Maybe columnist Bob Herbert is trying to leave NYT and get a job at the administration:
If anything, the stimulus package is not large enough. Less than 24 hours after Mr. Boehner’s televised exercise in obstructionism, the heavy-equipment company Caterpillar announced that it was cutting 20,000 jobs, Sprint Nextel said it was eliminating 8,000, and Home [...]
Bush was not wrong, writers are just not right
President Bush’s farewell address didn’t go well with many liberals. What else is new, eh?
Arianna Huffington unloads:
He was wrong about Iraq and Saddam and WMD. He was wrong to take his eye off the ball on Afghanistan. He was wrong about tax cuts being the answer to our economic woes. He was wrong about Wall [...]
Mideast peace process is elusive
All eyes are on Israel as its air force continues to selectively strike within Gaza to kill Hamas leaders. Yes, there are civilian casualties, but compared to how Hamas indiscriminately aims its missiles specifically at civilian targets, the IDF is doing its best in preventing collateral damage. Even more worrisome is the fact that Hamas’ [...]
The GOP big government (failed) experiment
Richard A. Viguerie writes a good piece in the L.A. Times about Republicans’ path and acceptance of Big Government:
Over the last eight years, President Bush sought to tame Big Government and turn it to conservative ends. The administration experimented with the belief — as expressed by Huckabee, Gerson and Kristol — that Republicans and conservatives [...]
More chatter about Hillary as State Secretary
I agree with most of what Thomas Friedman writes in NYT, except his description of the effectiveness of Condoleezza Rice’s diplomatic efforts under President Bush: “Condoleezza Rice had a close relationship with Bush, but Bush had no coherent worldview to animate her diplomacy, so all her travels added up to less than the sum of [...]
Paulson, Bernanke grilled in the Hill
The House Financial Services Committee plans to hear testimony from Treasury Secretary Paulson and Fed Chairman Bernanke today about their U-turn decision in using the $700 billion bailout money. Originally the money was for rescuing bad mortgage loans, but now Paulson wants to alleviate the pain in consumer debts. He’s even taking his cause to [...]
Obama up, markets down
Are we seeing a correlation here? As Obama gathers even more steam in the last week and a half until election day, the global markets continue to slide in a downward death spiral. Investors are well aware of an Obama presidency and the policies that will bring. If this is any indication of the collective [...]



