Wednesday, August 7, 2013

Designs on a Moving Violation


Funny Headline!
New York Times sells Boston Globe at 93 percent loss, returns to advising America how economy should be run (Doug Powers, MichelleMalkin.com, 8/3/2013)


Signal Fire
In a speech on Tuesday, President Obama signaled that Washington may finally be returning to the place where the financial crisis started. With the housing market on the mend, Mr. Obama said it was time to “wind down” Fannie Mae and Freddie Mac. (NYT, 8/6/2013)

Which, of course, reminds us to, in turn, remind readers once again of the role of Democrats in the housing market collapse and the financial crisis. Famously it was Barney Frank who browbeat Fannie/Freddie officials to "roll the dice" on increasing sub-prime lending. His words and the YouTube video are out there for EVERYONE to see. Liberals thought it would be just a wonderful thing for humanity if everyone owned their home, whether or not they could really afford it. 


Confrontation
The challenge that confronts us is how we will live with that threat. We have created an economy of fear, an industry of fear, a national psychology of fear. Al Qaeda could never have achieved that on its own. We have inflicted it on ourselves.

Over the coming years many more Americans will die in car crashes, of gunshot wounds inflicted by family members and by falling off ladders than from any attack by al Qaeda.

There is always the nightmare of terrorists acquiring and using a weapon of mass destruction. But nothing would give our terrorist enemies greater satisfaction than that we focus obsessively on that remote possibility, and restrict our lives and liberties accordingly. (Ted Koppel, WSJ, 8/6/2013)

In a bizarre and almost incomprehensible Op-ed, Liberal journalist Koppel gives us this screed. It is is close to the Obama worldview which holds that we should just basically ignore the threat of Islamofacism. Yeah, that is a smart idea.


Tip Top
The U.S. economy has not stagnated over the past four decades, but so much of its wealth has been claimed by the very top that most Americans have experienced it as a zero-sum game in which they’ve lost ground. As tax rules favored the wealthy, as employees lost the power to bargain for their wages, as globalization reduced the incomes of millions of workers, the rich grew richer at everyone else’s expense. That’s the reality that today’s air travel illustrates, as the comfortable standard seat that once was the norm goes the way of the dwindling middle class. (Harold Meyerson, Washington Post, 8/6/2013)

But wealth is NOT a zero sum game! Do Liberals think that Steve Jobs got wealthy because he took wealth from others? It's preposterous, but - as a wealthy Vermonter once told us - Liberals believe that if you are wealthy, then you must have cheated someone. By the way, Meyerson's beef is that airlines offer first class seats. You cannot make this stuff up!


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