printIn 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.
I know I’ve asked you twice before, but here goes: Should we really believe they are stubborn fools, or is it becoming clearer that they know exactly what they are doing?
[Hmmm… Let’s see what our pepes think.]
Ah, it is very good that some take seriously what Americans just give lip service to. Countries of the world, this is your chance! For the love of just common sense allow free banking and money creation in your country.
Iceland, why not you? What ever happened to the Vikings?
But it is fine with me if the tables are turned and South America becomes less corrupt than North America.
I’ll give all you countries a hint. There is a Book that made the Hebrews great. Just read it.
OT or the root of our mess?
When the sky don’t fall
like we think it should
is it reality
we’ve misunderstood?
When things are better
than they’ve a right to be
is it just blind luck
or was it meant to be?
Are we just vain
and a mockery?
A deluded bag
of biochemistry?
Are the adults right
and the children wrong?
Should we crush their hopes
and still their songs?
When the sky don’t fall
like we think it should
has Reality
been misunderstood?
Funny how Warren Buffett also decided to encourage another round of stimulus. Is he also in trouble, Is he really such a fool, or is he in on this greatest of all 419 scams? My money is on the latter.
I will probably die laughing if the next big name to back the lunacy is that fellon Bob Kiyosaki of Rich Dad/Poor Dad fame.
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. …”
There is something noble about a woman who can keep her humor during the most mundane tasks such as setting trash out near the curb. You keep us all sane with your keen insights and coy smirks as you survey the times. Thank you.
Good column. The mainstream opposition to Obammunist Stimulation is a Republican party with 3 main dysfunctional components:
(1) “Christian socialists” like Yeehaw Huckabee – descendants of Southern and Rural New Dealers who mainly object to transvestite nuns teaching EVILution.
(2) “Country-club plutocrats” like Bush and Romney who became Republicans out of family ties but who have absolutely no ideological convictions whatsoever.
(3) “Global Militarists” like Kristol of McCain who want to bomb Iraqis into becoming Norwegians and don’t care about socialism or domestic liberty as long as they can send Predator drones to “democratize” the 3rd World.
Well, as Rand might say, you cannot defeat BAD IDEAS with NO IDEAS.
[You crack me up; Yeehaw Huckabee. I thought I had called him every name in the book in “More Huckabee Hokum.”]
In our case, we need a ‘gross lot’ (144+) -President, vice-president, speakers of both houses; Cabinet, and who else? Do you think we can maybe, get it for wholesale?
Pretty much anyone that has read Hazlitt’s “Economics in One Lesson” wonders why basic common sense and big-picture thinking has long evacuated respected economic thought. Especially troubling is the way our elite uses and abuses the term “jobs” to confuse sound economic thought. One is led to believe that jobs per se (rather than better living standards for all groups in the long term) are the sacrosanct economic value and all else is relative. The terminology is emotionally loaded: nobody but the moral saint or the competent economist wishes to acknowledge the economy as a total system that will ALWAYS have its booms and busts, winners and losers, in spite of all attempts at centralized tinkering, EVEN when his own group happens to be the next to feel temporary negative effects. The common man thinks no more than six months ahead — even regarding his own subjective benefit — when he demands that minimum wage be raised. And the business owner insists that his own case happens to be the single, unique one which demands the government to intervene and rescue it (reductio ad Too Big to Fail). The politician is the biggest scoundrel of all, since he knowingly exploits every economic fallacy in sight to further his own agendas and special interests (getting reelected the most important of these) at the expense of all others.
[And this from a 20-year old!]
Wouldn’t it just have been better if the government had paid all of our mortgages – still less money than the stimulus. Just sent us a big whoping check to pay for our homes, in my case only $52,000. Then we could have spent the money we were spending on house payments for clothes, cars, college, insurance. Plus, no one would be out on the streets due to foreclosure. Thus a large boost in the economy triggering a need for more workers. Incidentally, more money for the IRS because we couldn’t claim those nasty interest payments at the end of the year. And just think of the boost to our self esteem!
Andrew T., please keep up the postings; you and our friend Alex really give me encouragement. It’s great to know that young people (one or two of you, at least) have activity in the cerebral cortex, great activity I might add; and from this not too young lady, I say, “thanks.”
“Wouldn’t it just have been better if the government had paid all of our mortgages – still less money than the stimulus.”
I got an email chain letter making this claim and immediately did the math. According to my calculations the $787 billion stimulus package amounts to about $2300 for every U.S. citizen so this would hardly have paid off my mortgage even with my household of 4.
Still, the point is well taken. That’s a pretty big chunk of change per person/family and I would bet that a direct payment of this kind would have had far more of a stimulative effect than whatever the hell it was they did with all that money.
But what do I know? Surely when they decided on the figure of $787 billion there was some reasoning and some recorded benchmarks involved and now that they are saying it wasn’t enough we can go back and re-evaluate it to judge if what they are saying is true or not.
Just kidding.
“economist wishes to acknowledge the economy as a total system that will ALWAYS have its booms and busts” Andrew
Well, thank God you are only 20. My understanding of the boom/bust cycle is that is caused by the suppression of interest rates by central banks. The Mystery of Banking by Rothbard should explain that. Sure some industries will rise and fall but that does not account for the economic disasters we have had.
I would ask Warren Buffet: How much money do you need before you help fix the system you profited off? So, either you are not that bright or what?