On the anniversary of his death. Running for president gives you the opportunity to look stupid in front of large crowds.
Posts tagged US
The Crumbling Cult of Obama
David Harsanyi, Reason Magazine:
The romance is gone. But don’t worry. It’s not him; it’s you.
It turns out we are the ones who failed Him. We weren’t prepared for a mega-dosage of awesomeness. We were too dimwitted to grasp the decency of central planning. And the insistence of troublemakers to engage in debate and vote, in fact, is the most serious threat to this nation’s future.
Full article at reason.com
The US stock market bargain bin
Chicken Little:
The sky is falling! The sky is falling!
Panic selling of U.S. common stocks is the wrong answer to the political bickering in Washington and the S&P downgrade of US credit rating. Fundamentals should be the basis of investment, and today’s market and companies are nowhere near the meltdown in 2008. The latest earnings season was great for a lot of American corporate icons.
Debt ceilings, debt feelings
Rob Delaney:
Simply put, the Republicans want to close the gap through cuts only, Democrats want to do it with a combination of cuts and revenue, and Tea Partiers want to do it through a combination of prayer and some type of mayonnaise “glaze.”
Exactly.
Why Rob Delaney Bought Some Stocks Yesterday
Rob Delaney:
What I am saying is that I believe in me, and I believe in you and I believe in elbow grease, objectivity and history. Did you see the recession coming? Did it announce itself and tell you the date it would arrive? No, it did not. Nor will recovery. So quit whining. Pessimism is for losers.
I did exactly the same yesterday. For exactly the same reasons.
The “epic clash” in Washington
Was in fact a squabble between two parties that both favor big government.
Change we can believe in
When Obama can get away with deploying his executive power to accomplish his agenda, he does so without pause or hesitation, constitutional niceties such as checks-and-balances be damned.
[...]
His many power grabs are worthy of a book. But below are four of the truly unprecedented ones, two that expand the war state and two that expand the regulatory state.
- War-making powers
- Civil liberties
- Legislating through bureaucrats
- Killing the auto industry through regulatory fiat
Full article on Reason.com