Friday, September 30, 2011
Sunday, September 25, 2011
Friday, September 23, 2011
Wednesday, September 21, 2011
Monday, September 19, 2011
Saturday, September 10, 2011
Since then he has published articles on what is happening in Iran. The CIA has challenged some of his predictions, but it looks to me that his information and predictions on what is happening in Iran is more accurate than what the CIA or Obama administration's State department is saying about Iran.
Michael Totten has an excellent interview with him. The Shiite regime in Iran is expecting the return of the 12th Imam or Mahdi. This belief plays a role in Iranian foreign policy which I am not sure secularists understand.
Friday, September 09, 2011
Mickey Kaus reacts with some good evaluation of the speech style.
AP Factcheck finds some problem with truth-telling.
Andrew Sullivan liked it.
From WAPO columnist Jennifer Rubin. President Obama tonight seemed simultaneously angry and nervous as he rushed through a speech that was transparently not worthy of a joint session of Congress. His great idea: Cobble together a mish-mash of old ideas (infrastructure spending, a payroll tax cut) and pay for it later, by asking the debt commission to come up with additional deficit reductions later, preferably by hiking taxes on the rich. The second half of the speech was a heated campaign rally aimed at a cartoon version of his future opponent.
Ira Stoll. The problem was that Mr. Obama couched all this in a speech so preachy, insistent, and divisive that it makes the whole thing repellant, no matter what the policy merits. "You should pass it right away," he said, repeating "right away" so often he managed to sound like a cross between a truculent child and an impatient parent.
She made three interlocking points. First, that the United States is now governed by a “permanent political class,” drawn from both parties, that is increasingly cut off from the concerns of regular people. Second, that these Republicans and Democrats have allied with big business to mutual advantage to create what she called “corporate crony capitalism.” Third, that the real political divide in the United States may no longer be between friends and foes of Big Government, but between friends and foes of vast, remote, unaccountable institutions (both public and private).
Thursday, September 08, 2011
Wednesday, September 07, 2011
Keynes was against the very sort of large structural deficits that characterize contemporary federal budgets and policy, believing instead that deficits should be "temporary and self-liquidating." And Keynes believed that any sort of counter-cyclical spending by government should be directed toward increasing private investment, not simply spending current and future tax dollars on public works projects.
If this is true, then the Obama administration is just spending money without theoretical support based on any economic theory.
Obama’s claim of having passed the “biggest middle-class tax cut in history” is ridiculous. He might have been on more solid ground if he had claimed the “broadest” tax cut, but that doesn’t sound very historic.
Friday, September 02, 2011
And then you look at the net zero job growth for August in the US (the first time this has happened since WW II).
"Though much attention is being paid to ‘zero job growth’ in August, the real news in today’s numbers is that job growth is worse than in recent months, and the nation continues to produce far fewer jobs than needed to meaningfully reduce the unemployment rate," Heidi Shierholz, economist at the Economic Policy Institute in Washington, D.C., said in a statement. "In fact, in some ways the report was less than zero in that weekly hours fell, as did hourly earnings."
Now the White House is backtracking on the unemployment numbers that its stimulus bills were/are supposed to bring down.