By Amity Shlaes
This dialogue between Ben S. Bernanke, the Federal Reserve chairman, and Milton Friedman, the great economics professor, never happened. It’s a fantasy. But you can bet a gold dollar that some version of the question, with or without the “Star Wars” motif, rolls over and over again at night in the minds of those who obsess about the economy.
Rick Santorum's candidacy will realistically be at an end if he loses Ohio next week.
Michigan was Mr. Santorum's best shot at delivering a fatal blow to Mr. Romney. He logged as many campaign stops as Mr. Romney, and he benefited from a social-conservative majority in the western part of the state. His super PAC spent more than it had in any other contest. Ron Paul and Newt Gingrich left both states largely to him—Mr. Paul focusing on the upcoming caucus states (Washington, Alaska, Idaho, North Dakota), and Mr. Gingrich trying to stop his slide in Georgia (his home state) where polls show Mr. Santorum gaining.
PHOENIX — Maricopa County Sheriff Joe Arpaio said Thursday he suspects the birth certificate President Obama released last year is a “computer-generated forgery” — and also raised questions about the authenticity of the president’s Selective Service card.
“Based on all of the evidence presented and investigated, I cannot in good faith report to you that these documents are authentic,” Sheriff Arpaio said. “My investigators believe that the long-form birth certificate was manufactured electronically and that it did not originate in paper format as claimed by the White House.”
With all the creepy preaching from Rick Santorum and Mitt Romney’s disastrous attempts at relating to earthlings who don’t own a couple of Cadillacs or hobnob with owners of NASCAR teams, it is understandable Republicans might be a wee bit depressed these days.
But, if you step wa-a-a-a-a-ay back and look at the much larger picture, Republicans just might have some reason to be optimistic once this whole agonizing primary is over.
Remember, in the months leading up to Ronald Reagan’s landslide annihilation of Jimmy Carter, the polls almost exclusively showed the Gipper in a dogfight too close to call with one of the most disastrous presidents of all time. Looking back now, it is impossible to imagine that anyone thought Mr. Carter had the slightest chance to win considering what a horrible steward he was to the economy, foreign relations and domestic policies.
2/29/2012 @ 1:14PM |11,109 views
Barack Obama: The Anti Economic Growth President
Economic growth has meant more jobs, higher incomes, more wealth and all the good things that become possible — a more comfortable life, better nutrition, better health care, more education, a cleaner environment, a secure retirement, a higher life expectancy and confidence that our children will be living even better.
What if this could all be accomplished with the consent of the people? What if the people’s own representatives subverted the Constitution? What if the people were so afraid that they accepted the subversion? What if the government demonizes an external enemy and uses fear of that enemy to suppress our freedoms? What if people are afraid to protest?
It has emerged that the White House has funded the New York Police Department’s surveillance of entire Muslim neighbourhoods with money earmarked for fighting drug crime. The revelations were detailed in reports by the Associated Press this week. In response, senior law enforcement officials and politicians have been either unapologetic or silent. Most tellingly, the Obama administration, which has championed Muslim outreach and has said law enforcement should not put entire communities under suspicion, said on Monday that it has no opinion on the matter.
Rebel Officials Say Move a 'Tactical Retreat'
Less than 24 hours after the Free Syrian Army (FSA) was claiming to be holding the Syrian military back from a “massacre” in the Baba Amro neighborhood of Homs, leaders of the group are now saying that they are withdrawing from the city entirely.
Though rebels say this is only a “tactical retreat” it seems a significant gain for the Assad regime, as parts of Homs have been contested for months and it has been the site of some of the fiercest battles in the still relatively young civil war.
If calm returns to Homs it could also be a major diplomatic victory for the regime, as the close proximity of anti-Assad protesters and battles has led the rebels to claim enormous civilian death tolls and sparked international outcry.
Where this leaves the rebels is unclear, though they still enjoy considerable international support and have promised to escalate attacks across the nation, saying they will strike everywhere from Daraa (along the southern border with Jordan) to Idlib (near Turkey in the far north).
Mr Sarkozy described the protesters - Basque nationalists and supporters of his rival Socialist candidate Francois Hollande - as "hooligans".
Gasoline: As pump prices hit $4 a gallon, Energy Secretary Steven Chu admits the administration has no interest in bringing them down. Is it any wonder Democrats are growing increasingly agitated with this White House?
At a hearing this week, Rep. Alan Nunnelee, R-Miss., specifically asked Chu if “the overall goal” of the administration is to “get our price down.” Chu’s answer was no.
I also wonder why he’s running for president, rather than governor, when the issues closest to his heart are family-oriented matters about which the federal government can, and should, do very little.
The growing and deepening alliance between the mullahs of Iran and the America-bashing leader of Venezuela, Hugo Chávez, poses a serious threat to U.S. national interests, but the Obama administration has been behind the curve in appraising these risks and forging effective policies to counter them.
US: Proposal for Che Guevara Monument in Ireland Should Be Rejected, Says Ros-Lehtinen – US House Committee on Foreign Affairs
The same Brazilian advertising hotshot who worked his magic to get a left-winger elected president of El Salvador in 2009 is running the presidential campaign of national socialist Ollanta Humala in Peru. If João Santana’s expertise translates into a Humala victory, Peruvians had better hope that the similarities end there.
Mr. Santana’s successful Salvadoran client, Mauricio Funes of the FMLN party, has been a disaster for the once-thriving Salvadoran economy. One example: The United Nations’ Economic Commission on Latin America and the Caribbean reported earlier this month that while “the region’s FDI inflows were 40% higher than in 2009,” El Salvador didn’t benefit. “In Central America, foreign investment flows to all countries grew, except in the case of El Salvador.” It experienced a 79% decline.
This post has been corrected. See details below.
Conservative blogger Andrew Breitbart collapsed while walking near his Westwood home, his father-in-law said.
Sources told The Times that Breitbart was rushed to Ronald Reagan UCLA Medical Center about midnight, where he was pronounced dead of natural causes. No further details were available.
His father-in-law, actor Orson Bean, told the Associated Press that a neighbor saw Breitbart fall and called paramedics. Bean also said Breitbart had suffered from heart problems in the past.
Wednesday, February 29, 2012
Abstract: Following a record year of rulemaking, the Obama Administration is continuing to unleash more costly red tape. In the first six months of the 2011 fiscal year, 15 major regulations were issued, with annual costs exceeding $5.8 billion and one-time implementation costs approaching $6.5 billion. No major rulemaking actions were taken to reduce regulatory burdens during this period. Overall, the Obama Administration imposed 75 new major regulations from January 2009 to mid-FY 2011, with annual costs of $38 billion. There were only six major deregulatory actions during that time, with reported savings of just $1.5 billion. This flood of red tape will undoubtedly persist, as hundreds of new regulations stemming from the vast Dodd–Frank financial regulation law, Obamacare, and the EPA’s global warming crusade advance through the regulatory pipeline—all of which further weakens an anemic economy and job creation, while undermining Americans’ fundamental freedoms. Action by Congress as well as the President to stem this regulatory surge is essential.
Religious liberty has become an early casualty in Obamacare’s collision course with liberty. Obamacare’s anti-conscience mandate forces employers to provide health insurance coverage of abortion-inducing drugs, contraceptives, and sterilization -– regardless of religious or moral objections to such services.
The mandate’s coercion of employers is a serious affront to religious liberty and a warning sign of the problems inherent in a centralized health care system. Conflicts between individual liberty and the dictates of government bureaucrats on deeply personal health care decisions will only increase as implementation of what Obamacare deems to be an “essential benefits” package continues.
Join us as an expert panel discusses the specific religious liberty violations of the Obamacare anti-conscience mandate and the health care law’s profound threat to personal freedom.
The scale of federal government debt in America is not only a major economic problem, but also a strategic one. Having jumped radically in recent years, federal debt is projected to continue to soar, driving up interest expense, adding more pressure to raise taxes, and crowding out national security spending, scaling back U.S. power on the world stage to help make ends meet.
Human rights activist Nonie Darwish assesses the potential for freedom to succeed following the recent revolutions in the Middle East. The powerful wave of uprisings has fueled both hope and trepidation in the region and around the world as the ultimate fate – and fallout – of the Arab Spring continue to hang in the balance. Darwish examines the ramifications of the game-changing recent revolts and the factors that will obstruct or support freedom and democracy in the Muslim world. Born and raised as a Muslim in Egypt and now living in the United States, she brings an informed perspective to this assessment of the potential outcome of the revolutions in the Middle East and what the future holds for the people and the politics of the region.
A former journalist for the Middle East News Agency, Nonie Darwish has written extensively on the Middle East, Islam, and women's rights. She is also the author of Cruel and Unusual Punishment: The Terrifying Implications of Islamic Law and Now They Call Me Infidel: Why I Renounced Jihad for America, Israel, and the War on Terror.
What a week we have all just endured! While the Democrats were re-writing the federal takeover of healthcare behind closed doors, the public face of the federal government was fixated on denying and then explaining all the gaps in its intelligence gathering. The Obama administration has been finger-pointing over who in the government let a murderous thug on a plane in Amsterdam that he tried to explode over Detroit. First, the government said that the system worked. Then the President said it didn't. Then he announced that the intelligence communities and security people would start to talk to each other so the bad guys could be kept out. Weren't they supposed to be doing this all along?
The ongoing fiasco in healthcare shows why it was so wrong to have enacted Medicare in the first place.
For one thing, Medicare reflects perfectly the mindset of dependency that the welfare state has inculcated in the American people, who have been born and raised under a culture of welfare-statism. All too many Americans are absolutely convinced that they could not survive without Medicare. The thought of repealing, not reforming, Medicare is so terrifying to them that they cannot even rationally discuss the subject. In their minds, if Medicare were repealed, elderly parents and grandparents would soon be dying in the streets of untreated infections and illnesses.
After September 11 the U.S. intervened in Afghanistan to kill Osama bin Laden, dismantle al-Qaeda, and punish the Taliban. Washington finally has succeeded at all three tasks. It is time for American forces to come home.
For many people Afghanistan started out as the good war. Osama bin Laden and al-Qaeda turned Taliban-ruled Afghanistan into a sanctuary as they plotted the death of thousands of Americans. The Central Asian state -- in contrast to Iraq -- was an appropriate target for military retaliation.
Do tax credits -- as well as tax deductions, tax loopholes, tax shelters, and tax exemptions -- constitute subsidies? Many Republicans and conservatives think so.
Senate Republicans are divided over a proposal to eliminate the Volumetric Ethanol Excise Tax Credit. An amendment to that end (S.Admt.436) by Senator Tom Coburn (R-OK) to the Economic Development Revitalization Act of 2011 (S.782), a bill to amend and reauthorize the Public Works and Economic Development Act of 1965, was recently defeated with 34 out of 47 Republicans supporting the amendment.
The amendment follows a previous attempt by Coburn to do the same thing with a stand-alone bill, S.520, currently languishing in the Committee on Finance.