Category Archives: Federal Reserve Bank

Rudderless Republicans: An “All-Male Version of the View”

Federal Reserve Bank, Liberty, Political Philosophy, Republicans, Ron Paul

The Southern Avenger, AKA Jack Hunter of Taki’s Magazine, is consistently fabulous. An added bonus is that he narrates his column in a lovely Southern lilt. Here, The Southern Avenger talks about how rudderless Republicans are flailing about to find “something” with which to beat the Democrats. For instance, the gem Jeb Bush has offered up: “It’s time to leave Reagan behind,” and, “You can’t beat something with nothing. The other side has something. I don’t like it, but they have it, and we have to be mindful and respectful of that.” Want this wombat in power?

Rudderless Republicans: An "All-Male Version of the View"

Federal Reserve Bank, Liberty, Political Philosophy, Republicans, Ron Paul

The Southern Avenger, AKA Jack Hunter of Taki’s Magazine, is consistently fabulous. An added bonus is that he narrates his column in a lovely Southern lilt. Here, The Southern Avenger talks about how rudderless Republicans are flailing about to find “something” with which to beat the Democrats. For instance, the gem Jeb Bush has offered up: “It’s time to leave Reagan behind,” and, “You can’t beat something with nothing. The other side has something. I don’t like it, but they have it, and we have to be mindful and respectful of that.” Want this wombat in power?

BREAKING: China Cancels US Credit Card

China, Debt, Economy, Federal Reserve Bank, Inflation, Republicans

We’ve been saying this on BAB for quite sometime: China has been a good sport about bearing the brunt of the American debt. Now a Republican admits the same:

“Representative Mark Kirk, a member of the House Appropriations Committee and co-chair of a group of lawmakers promoting relations with Beijing, said China had ‘very legitimate’ concerns about its investments.”

“‘It would appear, quietly and with deference and politeness, that China has canceled America’s credit card,’ Kirk told the Committee of 100, a Chinese-American group.” By which he meant that “investors in China have sharply curtailed their purchases of bonds.” [My emphasis]

“The Republican lawmaker said that China was justified in concerns about returns from finance giants Fannie Mae and Freddie Mac, which were bailed out by the US government due to the financial crisis.”

Yes, it takes a change of fortunes for Republicans to quit dissing the patient Asians for their democratic deficits, and begin to be thankful that they’ve continued to finance America’s non-stop spending and consumption.

I suspect that were Bush at the helm, republicans would be cussing and carrying on in their usual sinophobic manner.

The patient Asians took what we dished–the dissing, the spending, and the exported inflation.

No more.

The “Don’t Tread On Me” Tradition Is Back!

Federal Reserve Bank, Liberty, Neoconservatism, Old Right, Political Philosophy, Republicans, Ron Paul, Taxation, Terrorism, War

Or so says Richard Spencer, editor of Taki’s Magazine, in the fabulous article: “Are the Tea Parties Radical and Paranoid Enough?”

In the tea party protest Spencer attended he saw ample signs of the Old Right rising. This recrudescence took the form of fewer “bloviations about the war on terror,” and more “Abolish the Federal Reserve!” and “Republicans + Democrats = National-Socialism” signs. “[O]nly two or three blue-blazer-and-kakis Frumbots” loitered around aimlessly.

Sweet.

Writes Richard: “There’s no question that the Republicans would love to co-opt the Tea Party movement to strengthen their prospects in 2010, but my sense last night was that the ‘Don’t Tread on Me’ crowd might be a bit too radical to be neutralized and Republicanized easily.”

Read the rest on Taki’s.