The Rugged Road Through Barren Lands

Ultimate
"Corporations!" the protesters shouted, suggesting that Mr. Romney, as president, should raise taxes on large businesses. "Corporations are people, my friend," Mr. Romney responded, as the hecklers shouted back, "No, they're not!"  "Of course they are," Mr. Romney said, chuckling slightly. "Everything corporations earn ultimately goes to people. Where do you think it goes?" (NYT, 8/12/2011)


Good for Mitt Romney for standing up to this claptrap from the modern Democrat party, and practiced most egregiously by B. Hussein Obama and Colonel Bernie Sanders.  A corporation is not some evil entity running amok.  It is run by people, makes products that people use, pays salaries and benefits to people, pays dividend to people, invests in communities, makes charitable contributions, etc.  Get it Dems?


Really?
What would a real response to our problems involve? First of all, it would involve more, not less, government spending for the time being, with mass unemployment and incredibly low borrowing costs, we should be rebuilding our schools, our roads, our water systems and more. It would involve aggressive moves to reduce household debt via mortgage forgiveness and refinancing. And it would involve an all-out effort by the Federal Reserve to get the economy moving, with the deliberate goal of generating higher inflation to help alleviate debt problems. (Paul Krugman, NYT, 8/12/2011)


Discredited economist Krugman has the solution to America's economic malaise: more debt (how's that working so far?), more 'shovel-ready' projects (how'd that work out the last time?), allowing mortgage deadbeats to walk away (that's fair!) and inflation (just what America needs!).  Is this guy for real?

Virtual
A federal appeals court has struck down the requirement in President Obama's health care overhaul package that virtually all Americans must carry health insurance or face penalties. (Washington Post, 8/12/2011)


It has been all downhill for Obama since he partied with rappers on his birthday: S&P downgrade, stock market free fall, Wisconsin recall failure and now another defeat for Obamacare.