Honor Among Thieves II: The SEC Won’t Fix Too Big To Fail
“So why don’t you just get lost, OK?” “Guys like me don’t ever get lost.” – Mobster character in a Mike Lupica novel. So the SEC believes it can take on too big to fail. They really seem to think they have a prayer against Goldman Sachs. They’ve thrown down the gauntlet, they’ve filed their charges, they’ve lawyered-up like OJ, and called in Big, Bad, | Read More »
Honor Among Thieves
When the Securities and Exchange Commission threw down the gauntlet against Goldman Sachs on Friday, Henry Kissinger’s bon mot on the brutal 1980s war between Iran and Iraq sprang to mind: “Too bad they can’t both lose.”(HT: Andrew McCarthy, NRO) I will never again begrudge our canny President a day at the links. The fact that he has golfed more in two years than GW | Read More »
Of the nation’s 600,000 bridges, 12 percent were found to be structurally deficient. This is an almost perfect metaphor for Third World conditions: a money class fleeces the banking system while the very trunk of the national tree is permitted to rot and crash.—Christopher Hitchens, Vanity Fair, Oct 2008. It was still 2008, The Smirking Chimp was in office, and the politically correct believed it | Read More »
While The Boy President Takes Over More Industries….
There are things happening to our national economy right now that would be in 120 pt font, above the fold and on the front page of The New York Times if a GOP President were in office. They’d sit right there in stark bas-relief next to an obligatory propaganda-shot of The Goober-In-Chief whacking the Bejeezus out of a Titlist with his Calloway Nine-Iron. According to | Read More »
He Bravely Ran Away, Away, He Bravely Ran Away!
President Obama looked out into the future. He focused his gaze intently upon his own timeline of service. He noted that deadlines occurring on or before 20 January 2017 could potentially represent a standard by which his performance could be judged. One of George W. Bush’s recent initiatives, The No Child Left Behind Act, appeared writ large in Calendar Year 2014. Not only was the | Read More »
Messes Versus Problems. Blame Versus Solutions.
Debacles come in two delicious flavors. They can be messes, or they can be problems. Problems can be solved; messes just stink and abide. One of the true mark of the outstanding leader is the ability to turn a mess into a solvable problem. Tonight Barack Obama must stop complaining about the mess he inherited, or else he and his Democratic cohorts, become seen as | Read More »
How The Banks Beat The President At Chess
A recent poll of investors found that 77% of them believed that President Obama saw business as a detriment to The United States of America. The Bloomberg Poll asked whether they believed Barack Obama was pro-business of anti-business. Thus, the leaders of any bank or financial institution, probably see this man as the enemy. They therefore cannot expect to be able to work with him | Read More »
What A Failed Auction Abroad Should Tell America
The United States of America has spent the last year embarked upon a dangerous experiment; of dubious provenance, with no foreseeable outcome that doesn’t end up in tears. Our nation has shifted towards statist policies; at truly alarming rates. So rapidly have we nationalized that our open-minded and wonderful President forgot that he owned the corporation that produced Scott Brown’s pick-up truck when he mocked | Read More »
A Presidential Address From An Alternate Reality
In a recent Iain Banks novel, Transitions, characters undertook shady undercover missions on behalf of a mysterious cabal by taking a pill and blinking into an alternate reality. Perhaps President Barack Obama can do the same and doesn’t always serve as President in the same world we the people live in. When he spoke to Democrats in Congress yesterday, it appeared his teleprompter had the | Read More »
Dagger, Meet Vertebrae…
Many bloggers and journalists following the healthcare debate the past year have neglected to credit one of President Obama’s most significant coups. He actually got Big Pharmaceuticals® to support Obamacare. The pharmaceutical interest group went along with the biggest imperialistic surjection of the dominant state into the healthcare market since Lyndon Johnson was in office in return for a favor. They wanted to make sure | Read More »
Are There Worse Parts of The Current President’s Agenda Than Obamacare and Cap and Trade?
The great at bats get fewer and farther between, but there are those glorious mornings when Peggy Noonan can still send one sailing skyward over the fence. Her powers of observation waxed and her political Kung-Fu stood mighty on December 19th. Her column “The Adam Lambert Problem” should be required reading for anyone wondering why President Barack Obama wants to appoint a militant homosexual as | Read More »
President Obama Pays Tribute at Copenhagen
“Hypocrisy. Hypocrisy is a tribute that vice pays to virtue.” – François, Duc de La Rochefoucauld. US President Barack Obama set off for some jet-setting, a trophy presentation and perhaps a night of poetry from the always rhythmically-challenged Albert Gore. His carbon foot print included a trip to Norway to pocket his peace prize and then the ever-so-green, jet-fueled excursion to Copenhagen. In Copenhagen our | Read More »
Another Reason Stimulus II Will Miserably Fail.
The ongoing marketing effort known as The Obama Presidency held a Jobs Summit yesterday. Unemployment appears to have dropped from 10.2% to 10.0%. Congratulations, Mr. President! Keep your calendar open, Sir. If you were to hold future job summits from 1 to 20 January 2010, unemployment would definitely reach 0%! Not having taken my stats classes at East Anglia University, I’ll admit my analysis above | Read More »
A Summit Which Won’t Do The Job
In what has to be the most astounding recognition of the obvious in recent political history, Barack Obama has come to the conclusion that he needs to create more jobs. This is blindingly obvious from his philosophical point of view, but it is also as pathetically wrong as it is erudite. Francis Cianfrocca takes to the PodCast waves to assail the risible qualities of his | Read More »
What A Difference Three Years Makes!
It was 2006, and Senator Jim Webb had just finished winning an upset election victory over possible GOP Presidential Candidate George Allen. Macaca aside, the result was a stunning slap in the face to many who had come to take Virginia for granted as a GOP bastion. He took a victory lap over on the Opinion Page of The Wall Street Journal. He wrote an | Read More »
How Dare The President Honor his Word!
I’m amazed to be saying this, but President Obama is actually honoring one of his campaign pledges athwart major public pressure to do otherwise. He intends to send an additional 34,000 US military personnel to Afghanistan to support the teetering, Post-Taliban government headed by President Karzai. Predictably, the American Left is spasmodic in its outrage. Byron York reports in the Washington Examiner that 67% of | Read More »
When Honors and Awards Become a Curse
<p> My initial response to Barack Obama’s humble and gracious acceptance of the Nobel Peace Prize wasn’t one of my finer moments in amateur political commentary. I think I referred to it as the Nobel Respiration Prize over on Redstate.com. Hemmingway defined greatness as grace under pressure. He said nary a word about grace under nausea. The latter, I posit is impossible. </p> <p> Churlishness | Read More »
The UN – It’s Worse Than a Waste; It’s a Tumor.
It was a boring afternoon and I was heading back to the office after an off-site meeting. Then Rush Limbaugh had to go and say something that made me laugh so hard I nearly totaled the Focus. Col. Kaddafi had spoken at the UN and suggested reopening the entire Warren Commission investigation to find out if the Jews had shot JFK. Limbaugh compared the UN to the cantina scene from Star Wars and I very nearly laughed my way right into the ditch.
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Yalta ’09 – Unilateralism We Shouldn’t Believe In.
To properly commemorate the 70th Anniversary of Josef Stalin’s invasion of Poland in 1939, US President Barack Obama announced the decision to halt all development of Ballistic Missile Defense in Eastern Europe. Eastern Europe cringed; the Russian’s celebrated and tried not to appear overly smug. The avuncular, cuddly President of Iran, Mahmoud Ahmadinejad, denounced the Holocaust as a lie and predicted the eminent demise of | Read More »
Paul Revere Must Be Taken Out and Hanged
Representative Joe Wilson must be thrown to the dogs. He has done what no Congressman is allowed. He has not only insulted President Obama publically, he has done so in complete and utter veracity. This has forced the Democrats to deal with Joe Wilson in two seemingly contradictory manners. They have demonized him in front of the media. He is now the number one DNCC | Read More »