The Keynesian Dead End
WSJ:
Today’s G-20 meeting has been advertised as a showdown between the U.S. and Europe over more spending “stimulus,” and so it is. But the larger story is the end of the neo-Keynesian economic moment, and perhaps the start of a healthier policy turn.
For going on three years, the developed world’s economic policy has been dominated by the revival of the old idea that vast amounts of public spending could prevent deflation, cure a recession, and ignite a new era of government-led prosperity. It hasn’t turned out that way.
[1keynes]Now the political and fiscal bills are coming due even as the U.S. and European economies are merely muddling along. The Europeans have had enough and want to swear off the sauce, while the Obama Administration wants to keep running a bar tab. So this would seem to be a good time to examine recent policy history and assess the results.
[...]
Save the Turtles. Kill the unborn.
Jeannie DeAngelis:
The thought is unbearable to imagine. Sea turtles coated with oil struggling for the shore ensnared between two boats, lit on fire, and cremated alive.
Yet one can’t help but notice the similarity that scorched Gulf sea turtles have to babies aborted within the womb. The only difference is that incinerated turtles can be seen with the naked eye while the preborn are hidden from view.
[...]
Las Vegas Hotel Owner tells it like it is
James Simpson:
This is better than Rick Santelli’s rant. Here is a successful businessman giving us the reality of the situation.
Hotel owner Steve Wynn describes this administration and Congress’s policies. As he says repeatedly, it is a combination of the insane spending and regulatory policies of the Democrats and the complete uncertainty this creates for business.
As I have said, this is a deliberate strategy. Nothing discourages business more than uncertainty, and the Obama administration has introduced a climate of uncertainty in this country that is unprecedented in our history. Even during war, no American ever seriously believed anyone would come along and attempt to change the fundamental structure of our society. But it is happening now before our eyes!
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Another easily refuted HEADLINE! HEADLINE! HEADLINE!
Jesus did not die on cross, says scholar
Wow … :( [my faith is ruined ... oh woe is me ... waaa ... boo hoo hoo]
really? Or is this ‘scholar an idiot? You decide:
History of crucifixion and archeological proof of the cross, as opposed to a stake.
Jihadists love Nazism: Turkish supporters of Jihad Flotilla fly swastika flag
Jihad Watch:
And no doubt they support Hitler’s genocidal aspirations for the Jews, as these coalesce so nicely with Islamic antisemitism.
Photo courtesy The Religion of Peace.
[...]
Hillary: Let the babies starve until we fund abortions
by Ed Morrissey:
Anne Halpine and Greg Pfundstein ask why the Obama administration wants to derail efforts by the G-8 to send aid to improve maternal and infant health in the poorest nations of the world. The G-8 met this week to discuss a wide variety of topics, mainly focusing on economic growth but also foreign aid. In their National Review column, Halpine and Pfundstein report that Secretary of State Hillary Clinton wants that aid held hostage in order to push an abortion agenda:
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The Oral Suicide Club: David Weigel Joins Helen Thomas, Van Jones, Michael Richards, Howard Dean
Posted by Gregg Opelka:
It’s like a doctor who smokes. You’d think the last person to be done in by his own words would be a journalist. Shouldn’t a purveyor of words know better?
Yet as today’s forced resignation by WaPo columnist David Weigel proves, “Physician, heal thyself” is one piece of advice that seems to be ignored by wordsmiths of just about all stripes these days. On the heels of Helen Thomas—or are they flats?—Weigel is just the latest to join the Oral Suicide Club.
[...]
Shocking! Bat-wielding Union Thugs Attack Non-union Workers
by LaborUnionReport:
Union violence is often talked about anecdotally but seldom addressed. Even though one 25-year study found nearly 9,000 reported incidents of union violence, union-controlled Democrats often try to sweep it under the rug and, when they can’t, they’ll feign shock while seeming to relish it when it happens.
On Wednesday, in Upper Merion, PA (outside of Philadelphia) another act of union brutality took place when several (presumably) union thugs used baseball bats to beat some construction workers who, in the union’s eyes, were guilty of being non-union.
[...]
Crippled by conspiracies
By Leonard Stern, The Ottawa Citizen:
The tradition of conspiracy-thinking in the Muslim world is entrenched and quite fascinating. My first exposure to it was back in journalism school at Carleton University. It was 1993, and I was part of a student television crew sent to cover, as a class assignment, an anti-Israel protest outside the Ottawa Congress Centre, where then-Israeli foreign minister Shimon Peres was speaking.
As we walked into the crowd lugging our TV equipment, an Arab demonstrator pointed to our camera and screamed “Mossad!” Other demonstrators, wearing Yasser Arafat-style kafiyas, became very agitated and started jostling us, yelling “Mossad! Mossad!” We showed our university student IDs. The mob grew angrier, convinced the cards were fake.
Now it’s true that all cultures have conspiracy industries. Here in the industrialized West, there are people who believe in alien abduction, that pharmaceutical companies orchestrated the H1N1 vaccination campaign, and that Bobby Kennedy killed Marilyn Monroe.
In the West, however, this stuff is relegated to the fringe. Conversely, the culture of conspiracy in the Arab and Muslim world is mainstream, promoted in mass-circulation media and by influential intellectual, religious and political leaders.
[...]
Christian Professor in Pakistan Beaten for Refusing to Convert
Compass Direct News:
Muslim students attacked a Christian professor at the University of Peshawar this month after he refused their demand to convert to Islam, the instructor told Compass.
[...]
No more banqueting on Black
By Steven Skurka
Unlike a soccer match, there are no draws in a legal battle. The law resolves cases with clearly defined winners and losers. This settled feature of the adversarial system was challenged with the release of the U.S. Supreme Court’s ruling in the appeal of Conrad Black.
According to Miguel Estrada, Black’s Supreme Court counsel, the ruling marked a great victory and a path toward his client’s freedom. Eric Sussman, the former lead prosecutor at Black’s trial, suggested that the decision marked a bad news day for Black and appeared optimistic that the Court of Appeals would not tamper with Black’s three mail fraud convictions.
Is it time for Conrad Black to celebrate or is he facing four more years of incarceration?[...]
Black is guilty of nothing more than being conservative, making Hollinger shareholders rich and daring to maintain his innocence in the face of av political show trial in that bastion of political neutrality … Chicago! God speed Mr. Black and may your vindication be complete and your persecutors be made to publicly apologise.
Islamic Republic of Iran’s Smoke and Mirrors
By Arash Irandoost:
Since 1977, no two men have contributed more to the erosion of America’s credibility and prestige than President Carter and his foreign policy advisor, Dr. Zbigniew Brzezinski (with the verdict not yet in on President Obama). Jimmy Carter, aided by Mr. Brzezinski, introduced new directions in foreign policy that would ultimately trick Russia to invade Afghanistan in a cold blooded eagerness to payback Moscow for Vietnam and betray one of America’s closest allies in the Middle East. By orchestrating the Shah’s failure and supporting Khomeini, they created one of the most militant anti-American dictatorships, considered by many as the most dangerous threat faced by the United States today.
[...]
Video: Palin speaks at CSU Stanislaus
by Ed Morrissey:
Sarah Palin finally gave her speech California State University at Stanislaus after a controversy over its contract with the conservative firebrand. Palin started off by joking about the kerfuffle, demanding a bendable straw and a bottle of water at the beginning of the speech. Instead of the usual cheering crowd, CSU Stanislaus provided a polite and appreciative audience, and Palin delivered a speech that fit the venue. She drew connections between the agricultural industry in the area and her family’s work in commercial fishing before launching into a more philosophical review of the nature of liberty. The Right Scoop has the video from the local Fox station’s video stream:
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