Showing posts with label Ramesh Ponnuru. Show all posts
Showing posts with label Ramesh Ponnuru. Show all posts

Tuesday, October 6, 2015

The girly men at National Review still feel like Trump attacked them

Lowry and Ponnuru, here, who think Megyn Kelly, Carly Fiorina and Rosie O'Donnell make a "whole pattern":

'Trump’s discarded wives and his habit of making gross sexual insults of women also make it easier for liberals to campaign against Republicans’ supposed “war on women.” Perhaps one or two of Trump’s comments were not as disgusting as they have generally been taken to be: Maybe he didn’t mean to suggest that Fox anchor Megyn Kelly asked him tough questions because she was menstruating. But look at the whole pattern — his repeated attacks on her as a “bimbo,” his slam of Carly Fiorina’s face, his description of other women as pigs — and it’s clear that these bits of ugliness are not gaffes so much as a way of life.'

What a couple a pussies. No one who goes off on three men automatically becomes a man-hater. Men do it all the time, and so do women. But "discarded wives" gives it all away. They were no more discarded than any other gold digger is discarded. Women always take the side of the women.

Besides, the Megan Kelly and Carly Fiorina examples are weak. In the one case Trump artlessly hunted for the ages old idiom "seeing red" and came up short (and isn't everything he says equally artless?), and in the other the source for the story is as suspect as suspect can be but people who are purportedly conservative are still prepared to buy it? Predisposed to buy it is more like it. Carly Fiorina's success with this fake story among Republicans tells you all you need to know about the Republican Party, and Carly Fiorina.   

Rosie O'Donnell, on the other hand, has a big fat target on her back for a reason, and deserves everything she gets.

Thursday, December 11, 2014

The Heritage Foundation didn't repudiate the individual mandate until long after the Tea Party did

Ramesh Ponnuru here in March 2012 in the wake of both Romney and Gingrich putting the finger on Heritage for the individual mandate in October 2011:

"So yes, conservative opinion on the mandate has changed. But I don’t think it’s right to suggest that most conservative voters or conservative policy thinkers ever supported it. I think what happened is that as soon as grassroots conservatives focused on the mandate, they hated it—and they were right to hate it, in my view–and both the politicians and that one outlier think tank responded to their sentiment."

Timothy Noah pointed out here in 2013 that it wasn't until 2011 that Heritage formally opposed its own idea, meaning it took Heritage two years to join the Tea Party in opposing ObamaCare:

'Heritage, in a 2011 amicus curiae brief submitted in support of the legal challenge to Obamacare, stated, “Heritage has stopped supporting any insurance mandate.” Heritage also said it had come to believe the individual mandate was unconstitutional—an interpretation later rejected, of course, by the Supreme Court.'

Monday, June 11, 2012

John Tamny Exposes National Review's Conservatism As Monetarist Currency Devaluation

For Forbes.com, here:


Beckworth and Ponnuru . . . seek money creation to achieve economic growth, or to quote them directly, “central banks would be required to try to keep nominal spending growing at a certain rate” through 5% annual money growth. They bemoan “nominal spending” that “is currently far below the pre-crisis trend”, and remarkably they believe the Fed can remedy this by virtue of gunning the money supply.

Of course missed by the writers is that all demand in any economy results from the provision of supply first (Say’s Law, as one would expect, merits no mention in their manifesto), so to boost the demand, you don’t devalue the currency as they would like to; instead you stabilize the currency so that liquid investors feel comfortable offering up capital to producers. Schumpeter understood that there are no entrepreneurs (and no production) without capital, but if the desire is to devalue the currency then investable capital is naturally going to dry up; that or migrate toward the inflation hedges of yesterday as it did in the ‘70s and since 2001.

Thursday, November 3, 2011

National Review's Exhausted Conservatism Incubates More Liberal Monetarism

As with Ramesh Ponnuru's call here at The New Republic (!) for more monetary loosening and fiscal tightening, a policy neither Democrats nor Republicans embrace.

He must be reading Ambrose Evans-Pritchard at the UK Telegraph since the financial crisis, who keeps calling for same.

He has no understanding of, and pays no attention to, the source of the explosion in debt in The Great Moderation, however, which was a civilizational commitment to misallocation of capital to housing. To finance it, money creation had to pass from the control of central banks to so-called private bankers.

It is they who have brought us to this pass with massive amounts of leverage, with Democrat and Republican accommodation all the way, in exchange for power, money and influence.

National Review is incapable of teaching such things because it's part of the problem, not part of the solution. No wonder Ramesh wanders.