Category Archives: Media

Get Off Your Knees, Mitt Romney

Barack Obama, Democrats, Elections, Etiquette, Left-Liberalism And Progressivisim, Media, Politics

First they accuse him of being too stiff and inhibited. Then, when he loosens up and does some impromptu stand-up, bloody liberals squeal that Mitt “Romney’s ‘birther’ line was no joke.”

Yes it was a joke. And a funny one at that. Romney kidded to a crowd in Michigan that, “No one’s ever asked to see my birth certificate. They know that this is the place that I was born and raised.”

That’s funny. Now get off your knees Mitt Romeny and quit apologizing for joking, for doing a hard-day’s work, for making money, for exercising the prerogatives of private property and the fiduciary duty of a CEO managing private property and firing people, for investing wisely and utilizing tax havens (blessed places that they are), on and on.

Get off your weak knees, man!

For your edification, the story about Mitt’s “naughty” joke ran as a top news headline on all the liberal websites. Breaking News.

ABC:

Police Kill Gunman Outside Empire State Building
Romney Touches ‘Birther’ Issue He Avoided Before

CBS:

Multiple people shot near Empire State Building
Jury orders Samsung to pay $1B to Apple
Romney says “birther” joke wasn’t a swipe at Obama

Interest: Buffet’s Golden-Calf Investment Idol Shattered

Britain, Business, Capitalism, Conspiracy, Debt, Economy, Federal Reserve Bank, Feminism, Journalism, Media

American cable commentariat is dominated by horrible bimbos, sporting big hair, overbites, and grating voices that sound as though they’ve been squeezed from the other end of the woman’s anatomy (to use a Greg-Gutfeld analogy I’ve refined). That’s the ubiquitous TV tart’s better angle. Even when these females are kind-of on the right side of the issues, they are boring, second-handers, who spout mind-numbing banalities with great confidence. (I don’t know how a husband or boyfriend puts up with That “Creaky Voice.”)

Unlike the practically unknown Dominic Frisby, the teletart’s assets are not between her ears.

Introduced to American audiences by RT’s Max Keiser, Frisby is “resident gold bug at Moneyweek,” and author of the essay, “Why Gold Is The Currency Of The Free.”

Why can’t cable hosts be more like Max Keiser? Notwithstanding his program’s many idiosyncrasies—lefty nooks and crannies and conspiracy theories—RT’s Keiser Report always introduces its viewers to highly intelligent, often original, individuals who have a great deal to impart and add.

Twenty five minutes (and 49 seconds) into the latest broadcast, Frisby dealt an analytical blow to Warren Buffet’s claim that “gold is worthless as it pays no interest.” Since RT provides no transcript, I quote here from Frisby’s online column, “Gold pays no interest, has no use and no fundamental value – really?”:

“…gold pays no interest. True. But then, nor does cash – unless you lend it to people. The world needs to realise that by putting cash in the bank you are lending it. Gold can pay interest – if you lend it out. And lots of people do (though for what purpose I cannot say). But in this environment of negative real rates (when the central bank rate of interest is below the rate of inflation), who gives a hoot about interest anyway? 1 or 2% interest. Whoopee-do.”

[SNIP]

Exactly. You lose money by keeping cash. Anyone with some savings knows that you might as well not have them, if you are after the yield on your savings.

…Next, there’s this idea that “gold has no use”. Really?
Gold has very little industrial application, yes. It’s too expensive. But no use? Gold, unlike bubbles and government bonds, lasts forever. This makes it a highly effective form of money, as I’m about to explain.
But how can gold be money, runs the next argument, when you can’t go into a shop and buy stuff with it? Absolutely. You can’t.
Err … actually, you can. The gold sovereign is still legal tender. But it only has a face value of one pound, when it’s worth over £250. You’d be a plum if demanded that some poor shopkeeper accept it as payment. (And he’d be a plum if he refused it). But I’m splitting hairs.
As a day-to-day medium of exchange, gold has never found much use. A piece of gold the size of a penny (about £125 or $200 in today’s money) contains too much value for anything other than expensive transactions. Copper, nickel, silver, paper and now digital money have all found far more prolific use.
But to assert that you can’t buy stuff with it therefore it isn’t money, is a facile and ignorant argument. Money is more than just a medium of exchange. Indeed, this is just one of the three essential functions of money: it also has to act as a store of wealth and as a unit of account.
It is gold’s very inert, intrinsic, eternal uselessness – and we have Mother Nature to thank for that – that makes it such an effective form of money. It has no other function other than to be a store of wealth. Even its use in jewellery is an extension of that function – to store (and display) wealth.
Governments can’t print gold, they can’t ‘quantitatively ease’ it, they can’t loan it into existence. They can’t debase it the way they do their own currencies. It just stays there, unconsumed, forever. Which all means that gold is constant – and therefore an excellent unit of account, far better than government money.

Max Keiser stepped in to correct the record about Buffoon Buffest’s stock, which has been down 90% versus gold over the past 10 year.

Suffering From Stockholm Syndrome

Celebrity, Conservatism, Glenn Beck, Journalism, Left-Liberalism And Progressivisim, Media, Reason

Anderson Cooper demonstrated recently that when the spirit moves him, he can perform the job of journalism passably, if not brilliantly.

Conservatives are elated, overjoyed. They got down on their knees and paid homage to little Lord Vanderbilt, AKA Anderson Cooper, because, just this once (OK, maybe twice), Cooper had challenged one of the many lies Rep. Debbie Wasserman Schultz (D-Florida) tells with a straight face. Wasserman Schultz is a popular participant on cable TV shout-fests. This blond has been putting her velvety voice and forceful personality to use in promoting Obama’s statist schemes.

Glenn Beck could not contain himself, writing that, “Anderson Cooper has always been one of Glenn’s favorite people and last night he showed why. When he sees BS he will pounce…”

Cooper is a pioneer of the Oprah school of journalism, whose method is to follow feelings, and not facts, and promote “awareness” of The Issues. He is very bad for journalism.

Am I surprised that Cooper veered this once from his usual postmodern mind-set? Sure. Ordinarily, Cooper would have told Wasserman Schultz that although his reality differed from hers, he nevertheless respected “the place she was coming from.”

But am I grateful the little so-and-so did what he is supposed to do? Hell no.

There’s a name for what Glenn Beck is experiencing with respect to the left-liberal media: Stockholm Syndrome.

Just In From Mainstream: Barack Is As Thick As A Brick

Affirmative Action, Barack Obama, Debt, Economy, Foreign Policy, Media, Neoconservatism

Here’s an excerpt from the current column, “Just In From Mainstream: Barack Is As Thick As A Brick,” now on WND:

“… Nevertheless, Niall Ferguson has performed a small service, in so far as he has offered the first comprehensive, utterly damning case against Barack Hussein Obama, from establishment intelligentsia’s perspective.

Easily his greatest feat, however, is to have admitted that Barack Obama doesn’t comprehend the issues about which he is expected to decide; to intimate that the president is a product of—how shall we put it?—political grooming.

“You can’t just march in and make that argument and then have him [Obama] make a decision,” [Lawrence] Summers told [Peter] Orszag, “because he doesn’t know what he’s deciding.”

About the president’s comprehension skills, the one Harvard professor seconds the assessment of the other, quoted above. Writes Ferguson: “I have heard similar things said off the record by key participants in the president’s interminable ‘seminar’ on Afghanistan policy.”

Now, that is remarkable.

When “You Can’t Fix Stupid” was published (April 15, 2011), legions of WND readers wrote in to patiently and laboriously explain to me that Barack Obama was not “stupid,” only evil. An evil genius, if you like.

If indirectly, Ferguson disproves that misconception.

Yet I have to wonder who here is the real schmo—the man who was led to believe throughout his “career” trajectory that he was up to the task, or the sycophants and enablers, equally represented among The American People, and among those who’ve pirated the ghost-ship of state. All have helped enforce Barack Obama’s delusions of grandeur. …”

The complete column, “Just In From Mainstream: Barack Is As Thick As A Brick,” is now on WND.

Also available from WND or from Amazon is the prophetic “Into The Cannibal’s Pot: Lessons for America from Post-Apartheid.”

If you’d like to feature this column, WND’s longest-standing, exclusive libertarian column, in or on your publication (paper or pixels), contact ilana@ilanamercer.com.

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