The latest here.
Monday, July 25, 2011
What's The Difference Between The Utoya Shooter and Bill Clinton?
One besieged and killed 76 people, including more than 20 children, and the other is a Norwegian.
The Utoya Shooter Also Lifted Broadly From The Unabomber
It won't get much attention, since the liberal effort already is to smear Fjordman, Gates of Vienna, Jihad Watch, Pam Geller, Brussels Journal, et alia, but the shooter's manifesto also lifted broadly from the Unabomber, according to Scott Shane for The New York Times, here:
Mr. Breivik’s declaration did not name Mr. Kaczynski or acknowledge the numerous passages copied from the Unabomber’s 1995 manifesto, in which the Norwegian substituted “multiculturalists” or “cultural Marxists” for Mr. Kaczynski’s “leftists” and made other small wording changes.
Don't study mathematics, kiddies. You wouldn't want to grow up to be a terrorist now would you?
And while we are at it, the post-war right in America has never drawn any inspiration from utilitarianism and John Stuart Mill either, unless, of course, you include libertarians on the right. Many of us never have, don't now, and won't in future. One reason being that some of them have a nasty habit of being anti-Semitic, just like the Norwegian Labour Party and its youth wing, the AUF. Another being, for example, Mike Gravel.
Sunday, July 24, 2011
Utoya Shooting Survivors So Brainwashed By AUF Anti-Semitism They Mistook The Atrocity For A Staged Object Lesson
"Several young survivors of the massacre reported that they initially took the shooting by the killer who was dressed as a cop for a simulation of Israeli crimes against Palestinians in the occupied territories."
As reported here:
Mehrere jugendliche Überlebende des Massakers berichteten, dass sie die Schießerei des als Polizist verkleideten Mörders zunächst für eine Simulierung israelischer Verbrechen an Palästinensern in den besetzten Gebieten hielten.
But you can bet no one will call what Norwegians have let happen to the minds of these young people a crime.
A Credible Republican Candidate For President in 2012. . .
. . . will be first and foremost the one who forthrightly repudiates the legacy of George W. Bush.
Democrat Intransigence: To Go On Spending As If There Were No Problem
Jack Kelly notes here that revenues have never been enough to match spending, going all the way back to WWII:
The problem is spending. Outlays rose from $1.863 trillion in FY 2001 to an estimated $3.819 trillion in this fiscal year, 105 percent in 10 years. The federal government now consumes 24 percent of the gross domestic product. (Since 1903, federal spending has averaged a hair over 20 percent of GDP). ...
Since World War II, federal tax revenues have averaged 18 percent of GDP. Income tax rates varied widely during this period, and there were both booms and busts. But tax revenues never exceeded 20.6 percent of GDP. That seems to be a ceiling -- no matter what economic conditions are or how high rates are raised -- and it suggests the budget cannot be balanced unless spending is held below 20 percent of GDP.
So tax hikes can't close the budget gap. But they could clobber the moribund recovery, making the deficit worse.
Democrats want Republicans to accept real tax hikes in exchange for mostly phantom spending cuts. Because they are unwilling to do so, many journalists describe Republicans as "intransigent." But the truly intransigent, it seems to me, are those who want to go on spending as if there were no problem.
None Dare Called it Learned
Except for "Aaron," a non-religious Jewish Democrat who thinks George Bush is a war criminal.
Aaron "also didn't know that his same-sex attraction, far from being inborn and inescapable, was a thirst for the love that he had not received from his father, a cold and distant man prone to angry outbursts, coupled with a fear of women kindled by his intrusive and overbearing mother, all of which added up to a man who wanted to have sex with other men just so he could get some male attention. He didn't understand any of this, he tells me, until he found a reparative therapist whom he consulted by phone for nearly 10 years, attended weekend workshops, and learned how to 'be a man.'"
Gary Greenberg for Mother Jones tries to remain sympathetic, here.
Author Admits Norway is Racist, Never Mentions It Is Official Labour Policy Towards Israel
Everyone is ignoring the anti-Semitic elephant in the world's living room.
"Casual racism is rife. Only in Norway have I heard someone order a taxi and request that the driver is white. News reports can display an unwitting racism that is shocking to British ears."
-- Anthony Browne, Mayor of London's Re-election Campaign, here
Camp Utoya Day Before The Shootings: A Seething Cauldron of Anti-Israelism
As seen here and here and translated by Google (italics added for emphasis):
Jonas Gahr Store: - The occupation must end, the wall must be demolished and it must happen now
21. July 2011, at. 5:42 p.m. | | By: Eivind Funds
The Foreign Minister was met with claims that Norway must recognize a Palestinian state when he visited the Labour Youth League summer camp Thursday.
AUF WANT BOYCOTT: Foreign Minister Jonas Gahr Store was met by demands that Norway must recognize a Palestinian state when he visited the Labour Youth League summer camp at Utøya Thursday.
During the second day of Labour Youth League summer camp at Utøya got the Labour Party's young hopefuls visit by Foreign Minister Jonas Gahr Store.
Together with the Norwegian Broadcasting Corporation correspondent Sidsel Wold and Norwegian People's Aid Kirsten Belck-Olsen, discussed the Foreign Minister of the deadlock between Israel and the Palestinian Authority.
As foreign minister arrived Utøya he was met with a demand from the AUF that Norway must recognize a Palestinian state.
- The Palestinians must have their own state, the occupation must end, the wall must be demolished and it must happen now, said the Foreign Minister to cheers from the audience.
Earlier this week, when Palestinian President Mahmoud Abbas visited Norway, the Minister said to TV 2 news channel that Norway stands ready to recognize a Palestinian state . This he repeated during the debate on Utøya.
- We are ready to recognize a Palestinian state. I await the actual resolution text Palestinians will promote the UN General Assembly in September, said the Minister.
In autumn it is expected that Palestinian President Mahmoud Abbas will bring the matter to the UN. Where will he ask for UN membership and recognition of a Palestinian state within the borders before the 1967 war, with East Jerusalem as its capital.
Wednesday said AUF leader Eskil Pedersen that the AUF want a unilateral economic embargo of Israel from the Norwegian side.
- Labour Youth will have a more activist Middle East policy and we have to recognize Palestine. NOK NOK's, now we have to get the peace process into a new track, said Pedersen.
The foreign minister admitted that the situation is untenable, but believes that the boycott is the wrong tool.
- Boycott will be to move from dialogue to monologue. It is difficult to open the door the day we will talk with Israel, said the Minister.
The Gang of Six Types Attack Savers
They want to cap "combined employee/employer pre-tax contributions to 401(k)s at $20,000 or 20 percent of income, whichever is lower. That would be a substantial cut in deductibility, since the employee deduction alone currently is capped at $16,500 (savers over age 50 can make additional $5,500 “catch-up” contributions)."
Just one of the ways the greedy feds want to extract more revenue from people as they age.
You'll find more of this discussed, here.
Saturday, July 23, 2011
Larry Kudlow is No Conservative: Another Voice Impeding the Tea Party
So-called conservatives like Lawrence Kudlow insist, INSIST!, that Barack Obama is a liberal, not a socialist.
Wake up, Kudlow: The deficit is triple what it was under a real liberal, George W. Bush, and you call that more liberalism!
Which is why Kudlow, even today, keeps defending plans like the one from the Gang of Six. That plan's baseline assumes the expiration of the Bush tax rates, which means a reset UP of the tax rates. A cut from that is a cut, except relative to the rates from which it represents a tax increase.
GET ON THE RIGHT, KUDLOW!
Cut taxes, you moron.
And slash, SLASH!, spending.
Build submarines and satellites to project American power, and drill here. We don't need boots on the ground in what, 170 countries?!
This is so easy my fifth grader could beat you.
Friday, July 22, 2011
The Fed Still Refuses to Document for the GAO the Exigent Circumstances Justifying Loans to Non-Primary Dealers
See the story here.
We're talkin' affiliates of Merrill Lynch, Goldman Sachs, Morgan Stanley and Citigroup.
None dare call it fascism.
The True Born Sons of Liberty want The Fed to end.
The True Born Sons of Liberty want The Fed to end.
Mayor Daley's Legacy: A Total Breakdown of Law and Order in Chicago
Firemen need police escorts to turn off nearly 2,000 opened fire hydrants.
Story here.
Just think what would happen in this country if we had a really serious problem. The natives are restless.
Everybody's Doin' A Brand New Dance Now: The Mussolini
LOCOMOTION
by Gerry Goffin and Carole King
Everybody's doin' a brand new dance now
Come on baby do the
I know you'll get to like it if you give it a chance now
Come on baby do the
It's easier than learning your ABC's
You gotta swing your hips now
Come on baby jump up jump back
Oh well, I think you've got the knack
Come on baby do the
Chug-a-chug a motion like a
Come on baby do the
Do it nice and easy now and don't lose control
A little bit of rhythm and a lot of soul
Come on baby do the
Do it holdin' hands
Come on baby do the
There's never been a dance that's so easy to do
It even makes you
Come on, come on do the
(original lyrics here)
Thursday, July 21, 2011
Senator Saxby Chambliss Doesn't Tell The Whole Truth About Tax Loss Expenditures
On the Sean Hannity program today Senator Chambliss claimed that under Ronald Reagan tax loss expenditures were eliminated as part of a lowering and broadening of the tax base in 1986.
The top income tax bracket eventually fell to 28 percent for a very brief time as a result of the Tax Reform Act of 1986 under Reagan's successor, George Herbert Walker Bush, who subsequently went on to break his no new taxes pledge, paving the way for tax increases under his successor, Bill Clinton, proving that broad low tax rates can be as ephemeral as any other part of the tax code.
The senator from Georgia today claimed that the current plan of his Gang of Six was proposing the scaling-back of similar tax loss expenditures enjoyed by taxpayers in the same spirit of Reagan. For example, the Gang wants to reduce the deductibility of home mortgage interest and charitable contributions in exchange for a lower income tax rate.
But the senator is pulling a fast one with the facts. Reagan didn't just eliminate some tax loss expenditures and reduce income tax rates in exchange. He in fact broadened at the same time the mortgage interest deduction in order to encourage home ownership, something entirely missing from the Gang of Six plan:
Prior to the Tax Reform Act of 1986 (TRA86), the interest on all personal loans (including credit card debt) was deductible. TRA86 eliminated that broad deduction, but created the narrower home mortgage interest deduction under the theory that it would encourage home ownership.
I remember at the time how unfair I thought it was to lose the deductibility of credit card interest until I realized how an equity line of credit based on home ownership could and in fact did replace the role credit cards and other lines of credit had played in the tax equation before 1986. The change was also noteworthy because it encouraged the acquisition and use of secured equity instead of the use of mere credit secured only by income and creditworthiness.
Senator Chambliss' plan will eliminate tax deductibility of home mortgage interest without replacing it with anything to encourage home ownership.
And if there's anything America needs more right now, it's jobs and family formation to soak up the excess housing inventory. All Chambliss' plan will do is worsen the economic circumstances of current homeowners, who are already struggling with upside down loans and declining real estate values.
It's time conservatives recaptured the importance of home ownership as a social good. Unfortunately, the ideas of the Gang of Six do anything but. And whatever else they are, they aren't Reaganite.
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