03.08.10
“Recovery” isn’t an accurate term for where we are
If there was a recovery, it’s running out of gas again.
Just remember, the Freedom-Haters are doing this on purpose to bring us all to our knees.
Ruminations on music, culture, America and the world stage
If there was a recovery, it’s running out of gas again.
Just remember, the Freedom-Haters are doing this on purpose to bring us all to our knees.
Among the questions that Blankley raises:
Who gets to define “systemic?”
How big is the scope of this “system”?
What if an overly cautious approach would make a give situation worse?
Given the pointy-headed nature of these kinds of positions, how much real-world experience is such a person likely to have?
New home sales reach a record low in January. The “hints at potential trouble” phrase is an amusing touch, too.
. . . the actual prospects of the economy in the hands of the Freedom-Haters.
Thomas Sowell on why “Wall Street greed” doesn’t hold up as an explanation for the housing bust.
Tom Blumer at Pajamas Media on how big business is prone to act in ways antithetical to free-market capitalism, such as appeasement of the regulatory leviathan and an attitude of entitlement to public largesse.
Lest you think the last post was an exercise in over-the-top scary rhetoric, consider the disparity between what the American people know about the stimulus and the vice president’s perception of it.
Evan Bayh on the stimulus package’s inability to create jobs.
. . . actual annualized GDP growth for the fourth quarter of 09 was only 2.2%. Still, watch for TCM to make much hay of this as he pushes for more utopian fantasies and punishment of real-world normal-people economic activity.
Paul at Powerline on Ben Bernanke’s performance as Fed chairman.
Three out of four Americans think at least half of the stimulus money has been wasted.
How “unexpected” is last week’s rise in people filing for jobless benefits? For cryin’ out loud, two other stories in the Yahoo headlines this morning were the determination of the Freedom-Haters to still ram through some kind of socialist health care (These people really have a kamikaze level of zeal, don’t they?) and The Aquarian Totalitarian’s push for even more socialistic rules for banks.
Yessir, a fertile hiring environment indeed.
(The key word in the first paragraph of the banking article is “redirect.”)
Jennifer Robach Morse does a great job of disspelling the libertarian argument that expanding the definition of marriage to include same-gender couples wouldn’t affect society and culture much.
Tigerhawk makes the important point that, with TCM’s diatribes and intimidation tactics toward banks over the last couple of days, he’s picking on the wrong industry.
While here at BN we have no fondness for TARP, the banking industry as a whole has paid the money back and is now operating profitably again. Then there is the bailout of the auto industry, which hasn’t done a damn thing to return that to profitability.
But then, it’s not about restoring businesses to health. It’s about fomenting class warfare and trying to get people worked up about “greed.”
. . . in that more businesses are operating profitably again, and that’s reflected in the stock market. But that’s because they are burning through inventory to sell their product. They’re not hiring or borrowing, because they don’t know what further damage is coming down the pike from the Freedom-Haters.
Did it really take an Associated Press analysis for us to conclude that last year’s stimulus splurge on road and bridge work did zilch to help the construction industry, or any other sector of the economy?
They seized the money from you and me and bankrupted our grandchildren as well to do it.
They are not stupid. They did this deliberately to hobble the U.S. economy, and render America no longer exceptional. They want to break the entrepreneurial spirit. They hate freedom. They are working feverishly around the clock to transform the United States of America into something else entirely.
The modern Democrat party is a force for evil.
The economy shed 85K jobs in December.
The Freedom-Haters aren’t stupid. They know that the solution to this has been available since the economy started going south. It would be simple and elegant. Improvement would be swift. They are careening headlong in the oppostite direction because they see you as cattle to be herded into the pen. They hate your freedom. They are totalitarians. They are evil.