Category Archives: Business

Obama’s Speech

…is a confession of impotence:

If you listened closely, the speech seemed like a confession that the president knows he can’t do much. The deep problems afflicting America — social and economic breakdown in inner cities and rural areas; rising economic insecurity; widening gulfs between ideologies, regions, and socioeconomic classes — are simply far beyond the president’s reach.

They’re particularly beyond this president’s reach, given the economic insanity of his fundamental ideology.

And then, there’s the completely unjustified arrogance and contempt for us and our intelligence:

Obama’s speech was a dreadful, cliché-ridden piece of writing. Here’s our favorite bit: “Rather than reduce our deficits with a scalpel–by cutting programs we don’t need, fixing ones we do, and making government more efficient–this same group has insisted on leaving in place a meat cleaver called the sequester that has cost jobs, harmed growth, hurt our military, and gutted investments in American education and scientific and medical research that we need to make this country a magnet for good jobs.”

Because as Ben Franklin sagely observed, you can’t make a magnet with cloven meat.

But wait. It’s worse than that. He’s criticizing “this same group” for leaving in place a meat cleaver. What happens when you leave a cleaver in place? Nothing!

“With an endless parade of distractions, political posturing and phony scandals, Washington has taken its eye off the ball,” the president harrumphed. There’s an image for you. Where exactly is the ball relative to the parade route?

Also, which scandals exactly are “phony”? The biggest scandal is the one that raises serious questions about the legitimacy of Obama’s re-election. Here is what President Asterisk himself had to say on the subject way back on May 13: “If you’ve got the IRS operating in anything less than a neutral and non-partisan way, then that is outrageous, it is contrary to our traditions. And people have to be held accountable, and it’s got to be fixed. . . . I’ve got no patience with it. I will not tolerate it.”

We’re sure his outrage over the phony scandal was genuine.

Yes. As genuine as most things he says. Though, as noted, he is occasionally honest:

On the other hand, Obama’s certitude about his own superiority, his utter contempt for his political adversaries, even for those whose priorities differ from his–now that’s genuine. It is the central feature of his political character, and the proximate cause of–pardon the cliché–Washington’s current “dysfunction.”

Indeed.

A Note To Paul Krugman

It took more than “markets” to wreck Detroit:

Krugman is right that Detroit is essentially Ground Zero of the disruptive changes wrought by an economy in transition. But as this story and others like it show, it’s difficult not to conclude that the city is also the victim of rampant fraud and stupidity on the part of an all-Democratic political machine. Officials decided time and again not to fund the promises they made to city pensioners, and feds and regulators just as often declined to do anything about it. If something this egregious and destructive were happening in the private sector, Mr. Krugman would (rightly, in our view) be all over it, demanding that people go to jail and regulations be tightened. He would want to investigate the ties of influence that allowed serious financial wrongdoing to go on for years without serious oversight. He’d name names and pin shame on the wrongdoers and their political allies.

But Krugman is a hack who hates markets, so everything looks like a nail to his socialist hammer.

Stand Your Ground Laws

Detroit’s future may depend on them.

[Update a few minuts later]

The single most important lesson gun owners should learn from the George Zimmerman case:

Part of the ethos of responsible concealed weapons permit holders is to avoid getting into dicey situations whenever possible. We should remain aware of our surroundings at all times. We should avoid getting into unnecessary conflicts. If conflicts arise, we should attempt to defuse rather than escalate them. If some jerk gets angry because he thinks we stole his spot in the grocery store parking lot, we should back down or remove ourselves from the situation — precisely because we recognize the deadly consequences if things escalate out of control.

In particular, we must not seek out confrontations counting on our handgun to bail us out of trouble. Anyone exercising his right to carry a firearm for self-defense has corresponding responsibility to exert greater — not lesser — control over his emotions.

I’ve never been a big fan of Zimmerman, or his behavior. I’ve just been appalled by all the false race-baiting narratives that the left and the media (if that’s not redundant) have come up with to demonize him and confer childhood and sainthood on the young thug Trayvon Martin.