Bookworm Room

Tweet As we settle into the Obama Depression era, one thing that I and others have noticed is that many of the very youth that voted enthusiastically for Obama are the ones already feeling the consequence of his policies: they are unemployed. As one of my college-age kids put it, “our generation is so over [...]

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Tweet Incredibly, from the U.K.’s left-wing Guardian, comes a photo essay of what happens when Democrats are given the opportunity to put their economic and political theories to work: welcome to the future…. http://www.guardian.co.uk/artanddesign/gallery/2011/jan/02/photography-detroit?/%3Fpicture=370173060&index=15#/?picture=370173054&index=0 h/t smalldeadanimals.com

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The U.S. is already bankrupt

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Tweet Bookworm recently asked, “is Europe trying to save itself?” To that question, I can only offer anecdotal evidence from family and business visits made to France and Belgium this summer, shortly after the Greece-precipitated financial crisis. Europe (witness the EU) is an uber-bureacracy. For centuries, Europe’s forms of governance have devolved into top-down, centralized [...]

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Tweet One of the things that I try to understand is the Great Divide between today’s Liberals and conservatives that has left us talking past one another on policy issues. Frankly, I have concluded that discussion with Liberals is often futile because we attribute different meanings to words and concepts. One of those concepts, I [...]

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Tweet In a time of economic uncertainty, which is not helped by runaway government spending, you might be surprised (happily or otherwise) to learn where your Senator or House member stands when it comes to pro-growth policies.  I was not at all surprised to learn that my representatives — Woolsey, Boxer and Feinstein — are [...]

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Tweet There were so many things wrong with Obama’s speech last night, whether because of dumb ideas, lies, vicious attacks against Constitutional guardians, etc., that criticism actually becomes difficult.  It’s kind of like punching Jello, because you just get sucked in.  Nevertheless, it is important to criticize, not just Obama’s untruths, but the fundamental flaws [...]

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Tweet Preparing and eating dinner took precedence of the President’s first State of the Union speech, so I didn’t watch it in real time.  Indeed, because I find Obama’s presentation dull (he has the cadences of a slightly defective metronome), I haven’t listened to it at all, but I have read it.  I therefore felt [...]

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Tweet There is something deeply, deeply wrong with the Obami and the Congressional Democrats.  Or maybe not.  Maybe they are just all too human and are living out that saying that “power corrupts, and absolute power corrupts absolutely.”  In this case, the corruption isn’t necessarily monetary (although that’s there too).  Instead, it’s a rot of [...]

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Tweet The jobs summit is at an end and Obama has given lip service to the private sector.  He doesn’t really mean it, though.  How can he, when he makes statements such as this one: Mr. Obama said he would entertain “every demonstrably good idea” for creating jobs, but he cautioned that “our resources are [...]

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Tweet A message from William Kristol, one that I’ve already put into effect as to my own Senators (much good it will do, of course, as they’re Feinstein and Boxer): I gather Rasmussen will report today that its latest survey shows support for the Congressional health reform legislation falling to a new low — 38 [...]

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Tweet Jennifer Rubin has two posts this morning, both of which illustrate my point about the dangerous relationship between our CIC and the military he’s supposed to be leading.  In the first, she talks about the insane decision-making process in D.C., which seems to have little to do with either victory or troop safety: The [...]

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Tweet Don Quixote forwarded me an email that perfectly explains just how bad the economy is: Just how bad IS the economy? The economy is so bad that I got a pre-declined credit card in the mail. It’s so bad, I ordered a burger at McDonalds and the kid behind the counter asked, “Can you [...]

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Tweet There’s talk of the economy recovering, which is a good thing.  Yes, Obama will take credit for it, despite the fact that his massive spending bill has barely touched the economy, but that’s small potatoes.  What matters is that we’re not hovering anymore at the brink of economic collapse. Still, I observed something interesting [...]

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Tweet Obama’s foolish decision to pick a trade war with China has larger implications about his governing style, as Jennifer Rubin explains: [D]omestic political considerations and the good opinion of his base are more important to Obama than just about any other concern. That seems to be the motivating factor in a lot of what he [...]

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Tweet “You may fool all the people some of the time, you can even fool some of the people all of the time, but you cannot fool all of the people all the time.” — Abraham Lincoln Obama lies, and lies, and lies again. Sometimes he lies directly, and sometimes he lies by having his [...]

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Tweet In just three paragraphs, Charles Krauthammar explains all of the problems with the health care reform the President so desperately wants passed by August: President Obama premised the need for reform on the claim that medical costs are destroying the economy. True. But now we learn — surprise! — that universal coverage increases costs. [...]

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Tweet Even working together, Babs Boxer and John Kerry are still unable to beat Palin’s clear message and, instead, come out with meaningless government speak.  I can’t resist a very light fisking of their opinion piece for the WaPo, which does precisely what my blog slogan says Democrats do:  they take conclusions and try to [...]

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Tweet Republicans are finally figuring out how to push back: I like Ed Morrissey’s comment about the video: Today, Barack Obama once again dishonestly claimed that Porkulus opponents wanted to “do nothing” in the face of the economic collapse, but that’s simply not true — which Obama might have learned had he leaned on Nancy [...]

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Tweet In medieval times, the king’s fool was often the only one who could speak the truth, but that in the guise of a joke.  Joe Biden is a little bit different.  Obama didn’t mean him to be the truth-speaking fool but, apparently, the guy can’t help himself.  AJ Strata caught him on TV today [...]

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Tweet Jennifer Rubin pithily sums up the insanity of the government’s cheerful report on increasingly higher unemployment numbers: So to be clear: we’re headed for double digit unemployment, the very thing the stimulus bill was supposed to stave off. We didn’t keep unemployment anywhere near 8% as the administration predicted — but we did rack up [...]

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Tweet The WaPo, which was/is a major Obama water carrier, has nevertheless put together a striking graph showing exactly what Obama has done and, if not stopped, will do to the American economy.  Read it and send it to all your friends — I did.

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Tweet Work demands notwithstanding, I refuse to be the only conservative blog in America that doesn’t post this video of Daniel Hannan, MEP, savaging Gordon Brown’s economic policies — the same policies that Obama seeks to impose here, only on a larger scale.  If this doesn’t have you standing up in your seat, screaming and [...]

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Tweet AJStrata explains why it is so bad that the Obama budget’s deficit will be even bigger than promised.

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Tweet I was doing some research for a post I’m planning, and came upon an articled entitled “The optimal design of Ponzi schemes in finite economies” which Utpal Bhattacharya wrote in 2001 and published in 2002.  The summary reads as follows: As no rational agent would be willing to take part in the last round [...]

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