REAR VIEW. A barely legal community organizer from Latin America catches the president’s keen eye. Michelle being one Militant Mama, I think this is the closest Obama has come to losing his life. I like the new moniker, O-BUM-a.
Barack’s So Busted
REAR VIEW. A barely legal community organizer from Latin America catches the president’s keen eye. Michelle being one Militant Mama, I think this is the closest Obama has come to losing his life. I like the new moniker, O-BUM-a.
Seeking Honorable Hondurans For Hire
Barack Obama, Debt, Economy, Federal Reserve Bank, Inflation, Political Economy, Ron Paul
In my latest column, now on Taki’s Magazine, I look high-and-low for “Honorable Hondurans for Hire,” to depose of the D.C. bloodsuckers before they do more harm:
“Vice President Joe Biden has been slightly more candid than his boss, confessing of late that he ‘and everyone else misread the economy.’ For his ‘everyone else’ refrain, or plain fib, Joe can be forgiven. Drawing comfort from ‘the warm smell of the herd’ he surrounds himself with is slightly better than Obama’s way out. Beloved of the herd, Obama opts for sophistic statements—the kind that cannot be proved or disproved. To wit: sans stimulus, more jobs would have been lost.
Yes, jobs. Although Obama’s chief economic advisers promised that their ‘stim’ would hold the unemployment rate below 8 percent, it has risen to 9.5 percent and is expected to exceed ten. This is the highest unemployment has been in almost 26 years, with employers cutting 467,000 jobs in June alone.
A few months back, when Obama passed his $787 billion of stimulus—consisting of politically directed projects that ballooned government at all levels—there was not a scintilla of uncertainly in the minds of his gurus and the patsy pundits who service them. This infusion of borrowed and counterfeited funds, they asserted, would pick up the slack in the languishing economy, to use one crazy Keynesian concept. (Keynes was to economics as Katrina was to New Orleans.) …
… Laura Tyson, eminent adviser to the president … managed to make front-page news—vying with Jackson and the carrion beetles consuming his remains—by asserting that the February stimulus was ‘a bit too small.’
Not a great deal too small, mind you, just a wee bit small.
When issued, the lion’s share of this oh-so carefully calibrated loot ought to go toward hiring a few honorable Hondurans to depose of the bloodsuckers before they do more harm. …”
The complete column, “Seeking Honorable Hondurans For Hire,” is now on Taki’s.
Miss the weekly column on WND.COM? Catch it on Taki’s Magazine every Saturday.
Dick Armey Not Such a Tool
Classical Liberalism, Economy, Free Markets, Regulation, Republicans, Socialism
Dick Armey took on a Clinton lackey named, deceptively, David Goodfriend on the CNBC program Kudlow Reports. Armey, whom I think has a PhD in economics—as is its wont, Wikipedia won’t say—mentioned von Mises winning the great calculation debate. I believe he mumbled about von Mises whipping Lange or Lerner, but I can’t be sure. In any event, it made my day to hear someone mention von Mises, the greatest economist to live. Small pleasures.

