Category Archives: Europe

Day-Time Tripping Over Triple A

Barack Obama, Business, Debt, Democrats, Economy, Elections, EU, Europe

In a world in which the written word is rapidly ceding to sound and images, good luck with finding the transcripts of President Barack Obama’s latest address. I’ve captured some of BHO’s verbal vapors for you. In responding to market madness, Obama, by the way, has said exactly what Bush or any Republican president would have said in his place—and that goes for mega Chris Christie, the Lovable Great Leader GOP devotee Ann Coulter fantasizes about.

Essentially, BHO believes that the downgrading of the US’s credit rating was a function of the country’s mischievous political shenanigans: the leadership’s wrangling over the debt ceiling, and not the debt itself.

Standard & Poor’s, the money market’s mortician, was reacting to our dysfunctional political system—to gridlock on Capitol Hill—and not to any economic reality.

US credit, says BHO, is still among the safest in the world. How does he know this? The rest of the world—Europe, Asia, etc.—are faring worse than we are. This is the sum-total of CNN and MSNBC’s “crayon level thinking”; the mantra John King USA, Ali Velshi (Egghead), Wolf Blitzer and Chris Matthews find persuasive.

But from the fact that the world is in bad shape it doesn’t follow that the US is better off.

BHO further galvanized the opinion of wealthy statist Warren Buffett who claims the USA deserves and quadruple A rating.

Yes, yes, we need to effect long-term changes, confirmed Zero, but we have already done all that can be done on the deficit and debt reduction fronts. The time now is ripe for “tax reform,” and mere “modest adjustments” to the large social programs (referred to for good reason as Third-Rail issues, because their reform is so popular with politicians and the people. The latter don’t ever want to be without the warmth of the government udder; the former don’t want to have to make a living in the real job market).

Reiterating the Matthews and Maddow “crayon level thinking,” Da Man went on to warn that any further cutting in government programs would … would… would—here I invite the reader to complete BHO’s warning with the most horrible scenario he can possible imagine. My choice: Donald Trump gets elected.

The president called on the country’s planners to show good will and promised the country—BEHOLD!—another committee, which, as this wily fox well knows, is one way to bury an issue for good.

Cutting the distribution machine that has crippled America’s private economy would be deadly to this very economy—so claims BHO. Thus, deficit spending on programs such as unemployment insurance must be extended. To be fair to this ass with ears, the president did tout the payroll-tax cut.

The Money Market’s Mortician

America, Debt, Economy, Elections, Europe, Federal Reserve Bank, Inflation

When Standard & Poor’s cut the American credit outlook to negative, one Canadian wag mocked the credit ratings agency’s “special talent for arriving at the morgue and predicting the demise of the deceased.”

Now the money market’s mortician has made it official:

Via the WSJ: “Standard & Poor’s said U.S. Treasury debt no longer deserved to be considered among the safest investments in the world. S&P removed for the first time the triple-A rating the U.S. has held for 70 years, saying the budget deal recently brokered in Washington didn’t do enough to address the gloomy long-term picture for America’s finances.”

Ask Vladimir Putin, who knows a lot more about inflation that does “Zero,” and he’ll tell you that downgrading obligations such as have been incurred by the USA to an AA+ score is still too optimistic.

The mighty USA’s finances “rank below Liechtenstein and on par with Belgium and New Zealand.”

Dirty Dollars

Debt, Economy, Europe, Federal Reserve Bank, Inflation

Putin protests the funny-money plague the US has unleashed on the world: “Unites States act as if they were ‘hooligans’ because they ‘flood’ the entire world with dollars, Russian prime minister, Vladimir Putin, declared, attacking the liquidity QE2 program launched by the Federal Reserve using fresh printed money.”

They start the money printing presses and throw dollars throughout the world in order to solve their immediate responsibilities. They say monopolies are bad but only if they are foreign – their monopolies are perfect. So they use their monopoly to print money until the whole world is flooded” Putin explained.

Too true and not so funny.

Junking Gender

EU, Europe, Feminism, Gender, Homosexuality, Psychiatry, Psychology & Pop-Psychology, Sex

9 Replies

It is one thing to let children be who they are; a girl to play football, if she likes; a boy to bake bread. It’s quite another to engineer the obliteration of gender roles. And it is one thing for a private school to engage in “engineering equality between the sexes,” as the reporter euphemizes an experiment underway in a Swedish preschool based in Stockholm; it is quite another for the state to compel its tax base to pay and partake in such dangerous, invasive folly. Oh well, it’s good to know that American pedagogues are not the dumbest in the world:

At the “Egalia” preschool, staff avoid using words like “him” or “her” and address the 33 kids as “friends” rather than girls and boys.
From the color and placement of toys to the choice of books, every detail has been carefully planned to make sure the children don’t fall into gender stereotypes.
“Society expects girls to be girlie, nice and pretty and boys to be manly, rough and outgoing,” says Jenny Johnsson, a 31-year-old teacher. “Egalia gives them a fantastic opportunity to be whoever they want to be.”
The taxpayer-funded preschool which opened last year in the liberal Sodermalm district of Stockholm for kids aged 1 to 6 is among the most radical examples of Sweden’s efforts to engineer equality between the sexes from childhood onward.

The literature in developmental psychology is clear—it was at least when I attended university. The development of gender identity early in life is a function of biology, psychology and learning. A small sample develops the opposite gender identity, likely because of innate, biological processes. It is a blessing that a male or female child no longer has to agonize over an innate mismatch between his or her physical being (for example, male) and the gender identity that attaches to it (female).

In these cases, acceptance and kindness is key. But to engineer gender confusion is a horrible idea. Profoundly stupid too. Going overboard and parading sexuality, any sexuality, in schools and the workplace—that’s plain vulgar, regressive and uncivilized. (See “Libertarianism Lite”)