Not only can he not remember his daughter's birthdate, he can't remember his own.
Story here.
Nor quantities and sizes: Obama's America has at least 57 states and hundreds of millions of inhabitants.
Sunday, July 17, 2011
US Money Market Funds Are Keeping The PIIGS' Banks Liquid
So says Felix Zulauf, here:
[T]he banks, particularly at the periphery, are refunding themselves via the U.S. money market that is extremely liquid, and half of the money in the U.S. money market funds is really money to fund the peripheral European banks. Once those money market funds get hit by redemptions because investors find out, then you have a funding crisis of major scale at the periphery of Europe, and that is the next step. It is a never-ending drama until it breaks in a big way.
Saturday, July 16, 2011
The Dollar, Then and Now
In 1913, when the Federal Reserve came into being, the 1790 Dollar had lost little value over the preceding 123 years. You needed just $1.08 to buy what a 1790 Dollar could buy.
58 years on from 1913, however, when the Dollar and Gold were finally and completely de-linked from one another in 1971, that 1913 Dollar worth $1.08 had lost over 300 percent of its value. You needed $4.56 in 1971 to buy what $1.08 could buy in 1913. Much of the devaluation of the Dollar occurred in 1933 when FDR confiscated Gold and then reset the price per ounce at $35.00 from $20.67, a 70 percent devaluation almost overnight.
By 2010, just 39 years on from 1971, that $4.56 really went south. Completely unhinged from Gold, you now needed $24.50 in 2010 to buy what $4.56 could buy in 1971. That 1971 Dollar worth $4.56 had lost over another 400 percent of its value.
Carthago delenda est? Try: Down with the Fed!
Obama's Got The Better Approach? Granny Hawkins Begs To Differ.
"I’m confident that I will win that [debt] debate because ... we’ve got the better approach.”
-- President Obama
Granny Hawkins:
-- President Obama
Granny Hawkins:
 |
| I say that big talk's worth doodly-squat. |
Friday, July 15, 2011
DC Circuit Court Rules Naked Body Scans Do Not Violate Fourth Amendment
Because they're optional.
As in you can either get photographed naked, or groped, without which you are not "free to fly about the country."
Some option. Papers will be next. And then every form of transportation you take will make you subject to unreasonable search and seizure.
Just roll over and take it, bitch. You'll enjoy it.
Story here.
'If Obama Cuts Medicare or Social Security, I'll Vote Communist'
Chicagoan Mary Ellen . . . Croteau was asked if she would still vote for Obama, "No I won't . . .. Not if he cuts Medicare and Social Security. I'm 61. I'm looking at retirement in a few years."
". . . I will vote for someone. Whether it's a Green candidate, whether it's a Communist, I don't care. Somebody who's going to stand up for people. This is disgusting. [Obama] has given away everything he pledged to stand for."
Read the full entry here.
Dr. Obama Prescribes The Same Old Medicine Of The Miserable
"I always have hope. Don't you remember my campaign? [laughter] Even after being here for two and a half years, I continue to have hope. You know why I have hope? It's because of the American people."
Video here.
The miserable have no other medicine,
But only Hope:
I've hope to live, and am prepar'd to die.
-- Claudio, William Shakespeare's Measure for Measure, Act III, Scene I
Rasmussen Poll, Like Gallup, Shows Low Support For New Taxes at 34 Percent
Again, as part of a debt limit increase measure. While Gallup has 50 percent wanting spending cuts as the primary feature of the legislation, Rasmussen shows that at 55 percent.
The poll results are here.
Obama Says 80 Percent Want Balanced Approach, Gallup Says 32 Percent
Only 11 percent want a predominantly tax approach, while 50 percent want a predominantly spending cuts approach.
Is Tim Pawlenty "The Unnatural"?
There's a certain metaphysical quality to the guy. And we're not talking Platonic philosophy.
The New Republic tries to explain, here.
Ann Althouse Calls Obama A Liar
Well, yeah. And you thought reading was fundamental.
"Obama lied about a central fact about his own life which he used — powerfully — to push health care reform."
I wonder if he ever lied to his own mother.
"Obama lied about a central fact about his own life which he used — powerfully — to push health care reform."
I wonder if he ever lied to his own mother.
Democrats Under Obama Were The First Since 1974 Not To Pass A Budget
So Mona Charen, here:
Unlike Republicans under President Bush, Democrats were in full control of the federal government from January 2009 until January of 2011. Despite a 77-seat majority in the House, an 18-seat majority in the Senate and a Democrat in the White House, the Democratic Party became the first since budget rules were enacted in 1974 to fail to pass a budget. Budgets are clarifying. So is the failure to produce one.
Democrat Rick Perry Once Voted For Texas Size Tax and Salary Increases
. . . Back in the 80s, when now Republican Governor of Texas Rick Perry also worked for Al Gore.
The New York Times is happy to tell you, here.
Thursday, July 14, 2011
For Mockery of Fiscal Conservatism, You Can't Beat MarketWatch
As here.
Being a commie must be a line item check-off on the job application.
When the counter-revolution comes, those guys better watch out.
The Atlantic Doesn't Really Care What Kind of Nut Michele Bachmann Is
Just that you know she's a nut.
Joshua Green here thinks she's a Wisconsin Evangelical Lutheran anti-Catholic nut, even though she's formally separated herself from the group after many years.
The reason surely has to do with theological views she has which are errors according to these Lutherans. Green would like Bachmann to be all about the Lutheran position that the pope is the Antichrist, a position Bachmann has gone on record disavowing.
You'd think Green would dig a little deeper because of that, say at Salon here or especially Mother Jones here, to gain a little wider appreciation for Bachmann's interest in an apocalyptic timetable at the center of which is the state of Israel, and the dispensationalism and millennialism which goes with it, all of which are eschewed by Lutheran interpretation.
Lutheranism is amillennial, and Pauline in its insistence that the Church is the Israel of God, and has replaced it in the world. For Lutherans, the state of Israel is theologically irrelevant. And therefore it is impossible for them that one's relationship to the state of Israel could be talismanic in any way, as Bachmann appears to believe.
For end times enthusiasts like the Congresswoman, the Antichrist is an historical personage who is revealed before the end of the world, not a spirit of error who perennially inhabits the seat of Roman Catholic false doctrine, as the Lutherans believe.
I don't find it surprising at all that Bachmann has parted ways with Lutheranism in the light of these facts. What is surprising is that it took her so long.
She may herself be still quite confused about much of this. Lots of Christians are, and spend inordinate amounts of time trying to figure it all out. But who can really say, except Bachmann herself? About that Green is correct.
The political ramifications for Bachmann's presidential run are not inconsiderable, since many of the people on all sides of these issues in the churches are her potential base of support. For fervent believers as many of them are, positions taken on these issues can be fundamentally alienating.
It's fascinating in a way . . . kind of like a train wreck.
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