Half of CPAC This Year is Libertarian, Heckles and Walks Out on Dick Cheney

The Libertarians hate the Department of Defense and the US military more than they hate the much larger, arguably unconstitutional, social welfare state erected by FDR.

Bunch of queers.

Story and video here.

Treasure Trove of British Archives Undermines "Lincoln Freed the Slaves" Myth

The Washington Times has the details:

Newly released documents show that to a greater degree than historians had previously known, President Lincoln laid the groundwork to ship freed slaves overseas to help prevent racial strife in the US.

Just after he issued the Emancipation Proclamation in 1863, Lincoln authorized plans to pursue a freedmen’s settlement in present-day Belize and another in Guyana, both colonial possessions of Great Britain at the time, said Phillip W. Magness, one of the researchers who uncovered the new documents.

Historians have debated how seriously Lincoln took colonization efforts, but Mr. Magness said the story he uncovered, to be published next week in a book, “Colonization After Emancipation: Lincoln and the Movement for Black Resettlement,” shows the president didn’t just flirt with the idea, as historians had previously known, but that he personally pursued it for some time. ...

"What we know now is he did continue the effort for at least a year after the proclamation was signed.”

The newly discovered evidence will give greater credence to the argument that Lincoln crucified the country in the Civil War over his crusade for an extra-constitutional Sovereign Union of states, in the middle of which, when things were going badly in 1863, Lincoln the demagogue hit upon slavery as a new way to salvage support for the war of Northern aggression.

Read the whole story here.

Obama The Despicable Betrayed Britain to Russia in START Treaty

What a scoundrel Obama is, and every Senator who voted to ratify START:

While William Hague, the foreign secretary, last year disclosed that “up to 160” warheads were operational, he took care not to confirm what the actual number was, nor the number of missiles to which the warheads attached.

Now, in his desire for a disarmament treaty that will boost Obama’s image as a peace-monger, the president has blurted out that number to the Russians. Any Briton caught doing such a thing would be immediately arrested under the 1911 Official Secrets Act, tried, and imprisoned for up to 60 years. When Obama does exactly the same thing, however, for short-term political gain, it’s called statesmanship. Small wonder that there has been an outcry in Britain.

The full story of our president's treachery may be read here.

US Oil Production Up 2 Years in a Row, Despite Gulf of Mexico Moratorium

New techniques used to extract natural gas from shale deposits are now helping drillers extract oil once thought locked in the ground:

[A] surge in production last year from the Bakken helped US oil production grow for the second year in a row, after 23 years of decline. This during a year when drilling in the Gulf of Mexico, the nation's biggest oil-producing region, was halted after the BP oil spill.

US oil production climbed steadily through most of the last century and reached a peak of 9.6 million barrels per day in 1970. The decline since was slowed by new production in Alaska in the 1980s and in the Gulf of Mexico more recently. But by 2008, production had fallen to 5 million barrels per day.

Within five years, analysts and executives predict, the newly unlocked fields are expected to produce 1 million to 2 million barrels of oil per day, enough to boost US production 20 percent to 40 percent. The US Energy Information Administration estimates production will grow a more modest 500,000 barrels per day.

By 2020, oil imports could be slashed by as much as 60 percent, according to Credit Suisse's Morse, who is counting on Gulf oil production to rise and on US gasoline demand to fall.

Add oil to the reasons to be bullish on the future.

The complete story is here.

Two Feet of Snow

h/t Scott

'Conservatives' Compromising with the Devil

Not that I make it my business to follow this sort of thing very closely, but, well, there it is in USA Today:

Andrew Breitbart, a conservative blogger, says in a headline on his website that Palin "throws support behind GOProud." He has posted a clip from Palin's interview with the Christian Broadcasting Network in which Palin wonders whether conservatives should reach out to those with opposite views and "allow for healthy debate" on issues. Breitbart is on GOProud's advisory board.

More here, and here.

Sarah Palin knows what side of the bread the butter's on. She isn't going to alienate a big part of her base. Half of the Tea Party is libertarian, which means half of the Tea Party is ok with gay.

As is Roman Catholicism. That's why a Tammy Bruce can fill in for Laura Ingraham, no problemo. That's why Andrew Breitbart and Ann Coulter can be chums.

That's why repeal of DADT was off the radio radar screens on Bill Bennett's show, Ingraham's, Hannity's, etc.

Good Catholics all.

And that's why Elton John was treated so graciously by Rush Limbaugh at his (fourth) wedding.

The Protestantism that gave us that work ethic thingy that Pat Buchanan remembers made America so great?

It's in the rear view mirror and getting smaller every day. Mainline Protestants like the Episcopalians, the Methodists and the Lutherans have all loosened their sphincters for gay and lesbian preachers in their pulpits. Traditionalists have fled in droves to non-denominational churches, or to lonely isolation.

The left doesn't need to trouble itself with dividing the opposition on the right. Its minions masquerading as conservatives are doing the job all by themselves.  

An In Depth Look at How Federal Workers are Overpaid

From The Weekly Standard, here:

The question of whether federal workers are overpaid is often portrayed in the media as unanswerable, with each side of the debate citing its own numbers. In fact, the academic evidence is much more one-sided: Generally speaking, federal workers do receive higher salaries than similar private employees; individuals changing jobs receive bigger pay increases when their new job is with the federal government; federal employees quit less than private workers; and private workers line up to get federal jobs.

The Most Important Investing Advice You Can Read, Maybe Ever

Il Duce

From "Why Politics and Investing Don't Mix" by Barry Ritholtz in The Washington Post, this time without a single typo:

Liquidity is a major factor in how the economy and stock markets perform. Trillions of dollars in fresh cash was very likely to goose equities higher [in 2003]. (Sound familiar?)

And maybe the best thing he's ever written, too.

Read it all, here.

P.S. Martin Walker said as much on May 8, 2009 on The McLaughlin Group, as we pointed out here. Nerves of steel those guys have, and guts of iron.

Why Would You Want a Mexican Car?

Top Gear asks the question:

"Why would you want a Mexican car?” demands co-presenter Richard Hammond. “Cars reflect national characteristics don’t they, so German cars are very well built and ruthlessly efficient, Italian cars are a bit flamboyant and quick. A Mexican car’s just going to be a lazy, feckless, flatulent [they've mixed the laughter very loud over this bit so it's uncertain, but it sounds like he says "overdose tw*t"]… leaning against a fence asleep, looking at a cactus with a blanket with a hole in the middle of it as a coat.”

Akira The Don has The Compleat Wreck here.

A declaration of war by Mexico against Britain is expected.




h/t Mark Steyn

RC Whalen Wants Us To Declare FDR's 'Emergency' Over Already

Some excerpts:

President Herbert Hoover said of the New Deal that it was an attempt to crossbreed Socialism, Fascism and Free Enterprise, part of a collectivist revolution led by FDR and carried within the Trojan horse of economic emergency. ...

The second half of volume three of President Hoover’ s memoir, The Great Depression, contains a scathing critique of his successor -- and also an admission of personal responsibility for the catastrophe. It features several times the word “ fascism ” to describe many Roosevelt-era prescriptions for fighting the Depression, a blunt reminder that much of what FDR did during these dark years was borrowed from the strong men of Europe — Mussolini in Italy, Hitler in Germany, and Stalin in Russia.

Don't miss the rest, here.

Temps in the Single Digits F in Ciudad Juarez Since Tuesday

For more on this global warming related cold snap, see here.

That Critic of the Innumerate, Barry Ritholtz, is (Still) Illiterate

"Why do am I critical . . .?"

". . . you cans get a pretty good estimate . . .."

References passim, but notably here.

British Teenager Emails Obama, Calls Him a Pussy, Gets Banned From US For Life

Luke Angel is his name, according to the story reported at this link last September.

He is a keen judge of character, I'd say, like someone else we know.

A Department of Homeland Security goon is quoted as saying there are about 60 things on their list which will get you banned from visiting the US.

Funny how if you're a citizen and live here already and say such things they don't (yet) resort to banishment. I guess that whole freedom of speech thing isn't for export while every stupid precedent of international law is supposed to be eligible for import.  

Percentage of People Working Lowest Since the Early 1980s

So says CalculatedRiskBlog here:

[T]he participation rate declined to 64.2% - a new cycle low, and the lowest level since the early '80s. Note: This is the percentage of the working age population in the labor force . . .. The participation rate has now fallen 2 percentage points during the recession - a huge decline.

US District Judge Rules Obama Regime in Contempt of Court

“Each step the government took following the court’s imposition of a preliminary injunction showcases its defiance."

“Such dismissive conduct, viewed in tandem with the re-imposition of a second blanket and substantively identical moratorium, and in light of the national importance of this case, provide this court with clear and convincing evidence of the government’s contempt."

-- Judge Martin Feldman of New Orleans (quoted here)

Global Warming in Mexico: 8.6 Degrees F in Ciudad Juarez Lowest in 50 Years

According to this story:

Ciudad Juarez mayor Hector Murgia said the temperatures of around minus 13 degrees centigrade (8.6 Fahrenheit) were the lowest recorded in almost 50 years.

Suez Canal Moves 2.5 Percent of Global Oil Production

So says an article at Bloomberg.com here:

About 2.5 percent of global oil production moves through Egypt via the Suez Canal and the adjacent Suez-Mediterranean Pipeline, according to Goldman Sachs Group Inc. The waterway carries more than 2.2 million barrels of oil a day.


The US Department of Energy puts the figure closer to 1.8 million barrels per day in 2009, here, in the canal itself. The Suez Canal is unable to accommodate the newer tankers in the Very Large Crude Carrier and Ultra Large Crude Carrier classes. 

Democrat Controlled Senate Changes its Mind, Rescinds Onerous ObamaCare 1099 Law

But 17 extremist Democrats still couldn't bring themselves to vote to part with the $17 billion in tax revenues the imposition of the massive reporting requirements would have generated:

Senate Democrats Unite to Keep ObamaCare 51-47, Defeating House Repeal Effort

George Bush: Mushy-Headed Liberal

George W. Bush has been beating his little isolationism, protectionism and nativism drum for years now, but it seems like conservatives such as Laura Ingraham are finally looking at it in the right way. She's even suggesting that if we knew in 2000 what we know today about George and his family (people should be free to marry anyone they love), maybe conservatives wouldn't have supported W back in the day.

I know I didn't. I admit it. I was one of the few, the proud, the (top!) 500,000 Americans who voted for Pat Buchanan in 2000. And I've still got the lawn sign to prove it! In 2004 I had to be drawn kicking and screaming to vote for Bush. The alternative was too horrible to contemplate (a man who won't stop for stop signs while behind the wheel of his Jeep is a dangerous man, willing to break any law), as it was also too horrible to contemplate in 2008, as events prove everyday.

Bush's continuing antagonism against, for example, advocates of border security doesn't surprise me, and Laura is right to perceive that his sort of Republican poses a threat to the policy initiatives championed by Tea Partyers and conservatives. Her show this morning is devoting considerable time to Bush's remarks at Southern Methodist University on January 24th.

But Bush was making similar remarks already in November 2010 in Britain as part of his book tour, and Pat Buchanan eviscerated him way back in March 2008 for the very same kind of loose and silly talk:

In smearing as nativists, protectionists and isolationists those who wish to stop the invasion, halt the export of factories and jobs to Asia, and stop the unnecessary wars, Bush is attacking the last true conservatives in his party.

Which is understandable. For after the judges and tax cuts, what is there about Bush that is conservative? His foreign policy is Wilsonian. His trade policy is pure FDR. His spending is LBJ all the way. His amnesty for illegals is Teddy Kennedy's policy.

The truth is George Bush hasn't changed, and has never been a conservative. Ever true to his self-described role as The Decider, he once boasted that he would be the one who decided what is Republican and what isn't:

"That conservative movement stuff is over. I've redefined the Republican party."

Even liberals have recognized Bush as one of their own. So Richard Cohen in The Washington Post in 2007, after cataloguing Bush's liberal intentions in No Child Left Behind, in affirmative action hires in his administration, and even in the Iraq war, he adds:

You only have to listen to Bush talk about the virtues of immigration -- another liberal sentiment -- or his frequent mention of the "soft bigotry of low expectations" to appreciate that the president is a sentimental softie, what was once dismissively called a "mushy-headed liberal."

Cohen leaves out Bush's greatest liberal achievement: Drugs for Seniors, the single largest expansion of federal government to that time since Lyndon Johnson. He leaves it out because that's what really drives liberals crazy, how George Bush out-liberaled the liberals, and co-opted them for eight years.

That's why they really hated him.