Friday, July 30, 2010
Stupid Is As Stupid Does?
Spanish Prime Minister Jose Luis Rodriguez Zapatero on July 30 announced an “in-depth” reform of his labor policies following new data indicating an increase in unemployment for the second quarter, DPA reported. According to Spain’s National Statistics Institute, the Spanish unemployment rate rose to 20.1 percent — about 4.7 million people — in the second quarter, about 33,000 more people than in the first quarter. The government wants to improve the ability of public employment services to help people find jobs, as well as provide training opportunities for the unemployed, Rodriguez Zapatero said.
Got that? 4.7 million people just aren't doing a good enough job of looking for a job. It's not that those jobs don't exist, it's just a matter of folks being more effective in finding a job. If they did that little extra or certain something, they'd surely be in a job.
Idiot. The JOBS DON"T EXIST! No amount of training or enhanced placement services is going to put people in jobs that don't exist. You have to have a pro-growth economic policy that is favorable to capital so that there are incentives for job-creators to create jobs. You have to compete for jobs by making your country a more attractive place to do business than your neighbors and economic competitors. Zapatero's focus is so foolishly off the mark, but I find it hard to believe that Zapatero, the man, is a fool. So why the disconnect from individual to governing philosophy and policy? Or am I indeed being too charitable to the Spanish PM?
Weiner = Putz
Wednesday, July 28, 2010
More Than Ever, Eschew Pigou
NY Times Finds the Only Two Economists Not Named Paul Krugman Who Still Love the Stimulus
UPDATE: And Bill Gross is not much enamored of the stimulus either. Granted, he doesn't work at Princeton, but he's been pretty damn successful understanding and navigating his way around economic realities.
UPPDATE: John Taylor ain't buying it either.
Tuesday, July 27, 2010
They're Not Called MASSholes for Nothing
My Meltdown Blueprint Looks Like a Solid Call
All of this, of course, leads to the key discussion of Obama's viability in 2012. Many seem to think that Obama is easily re-electable and that anyone else can only be considered a long shot. I disagree and I think there are three paradigms that one can use to analyze Dear Leader's chances of being a two-term President. The first paradigm is one that I have discussed at length, which is discerning the state of the nation from some time-tested metrics that have a good record of determining an incumbent's electoral prospects - namely unemployment and gas prices. I have already nailed the 10% unemployment prediction and I am standing by the $4 gas prediction - Obama will see this toxic economic tandem at some point before the 2012 election and history teaches that his electability will likely not survive such an environment.
The second framework in which to analyze his 2012 chances is to look at the demographic coalition that formed to deliver him the win in 2008. He won on the back of 1) huge black turnout, 2) dominance among the young and independents, 3) a solid swing to him from the business community, and 4) Republican apathy and failure to turnout. Clearly, each one of these phenomena will not be repeated to the same degree in 2012, if not fully reversed. I believe blacks will not turn out in great numbers in 2012. Their historic moment has been achieved, the passion and excitement has faded and their turnout will revert to historical norms. The polls are clearly showing that Obama has lost independents and, as I have highlighted, the terrible economic prospects for America's voting-age youth are dismal and likely to dampen the youthful passion that benefited Dear Leader in 2008. On point three, the business community loathes this administration, full stop. He'll get no support here. On point four, they won't make that mistake ever again. For all the putative squabbling, leadership vacuums, and lack of focus, the one thing that Republicans, Republican-leaners and Republican-sympathizing Libertarians can now agree on - if you're caught sleeping come election time, you get statist, big government progressivism run amok and you lose liberty and prosperity in big chunks.
Finally the third and least compelling paradigm is the historical preference of American voters for executives with actual executive experience, so of Governors over Senators. Once in a while this pattern breaks and it did in 2008, but there is a reason we as a nation prefer not to put Congressional leaders in the Oval Office...we value executive experience. We dabbled in 2008 and took a gamble on breaking from this historical pattern. It is fair to say to date that the gamble has not worked out well, making historical reversion much more plausible by virtue of solid reasoning.
Granted, all this could change drastically in two years, so stay tuned...
UPDATE: What did I say just a few lines up about Republican-sympathizing Libertarians? Steve "Vodkapundit" Green is kind of a bellweather for libertarianism and he says (I'm paraphrasing) "No flights of fancy this time around folks, vote for the most electable Republican. That Libertarian Party candidate can wait for less crucial times."
Monday, July 26, 2010
Democrat Businessmen Howling Louder
I saw it all coming. I told you capital would flee...and it has.
My Travels in the Heartland
First, this part of the country right now is a roofer's paradise. This hail storm f**ked up everybody's roof (and I mean everybody...cars too, you can tell who doesn't have insurance and/or just doesn't give a damn by all the windowless cars driving around). I sat next to a roofer from Florida on the way down and met another roofer from Texas in the airport. Roofers have come from all over to meet the demand. Another small testament to the flexibility and responsiveness of the American private free market system. People are not having to wait to get their roofs repaired and there have been no reports of widespread price gouging because prices have remained low. It all reminded me of Katrina and who actually was able to get much-needed supplies into New Orleans days before any government - state or federal - could.
I watched a little of the boob tube and thus saw almost all the major candidates' TV ads. Now, maybe a Democrat from down there is to the right of even a Republican from up here, but I could not tell who were the Democrats at first. Not one of the candidates identified themselves as a Democrat and every one of them was pushing "local values" and the amorphous ability to "fight" (for you, for the elderly, yadayada, although, very curiously, not for the poor). One Democrat was even standing under one of those awesome six-story American flags that you see quite a bit down there talking about how much he just loves the military (granted, that's smart politicking down there, but this guy was overdoing it). Conversely, it was easy to tell who was running on the Republican side and it was amusing to see candidates out-promise each other on opening up a can of whoop-ass on Nancy Pelosi when they get to Washington DC or out-duel each other to "keep Obamanomics out of the statehouse." For a state that some pundits consider "purple", you wouldn't think there was a single person in the entire state for whom the standard Democratic Party plank was appealling, judging by the commercials. Obama and the Pelosicrats are deeply unpopular in them there parts.
Wednesday, July 21, 2010
Yes, I'm Screaming...
Petty Annoying Liberal Media Bias of the Day
Again: Romer Should Resign
Chinese Oil Spill
An Old Friend Makes It Big!!!
Anyway, I am consoled by the knowledge that Mr. Donmoyer is almost completely irrelevant - a) he works at Bloomberg News, which is known by most of its readers as Al Hunt's hive of ridiculous NY Times wannabes (just a teensy sampling here), b) Mr. Donmoyer himself is a minor and anonymous cog on that ship...to the small extent that Bloomberg readers recognize or even seek out the scribblings of a particular writer, it is safe to say that Mr Donmoyer is not one of them. David Leonhardt he is not.
UPDATE: Little Ryan hits the jackpot with a mention by a blogger who probably has more loyal readers than all of Bloomberg News, although the mention is not a very flattering one. Still, publicity is publicity!
UPPDATE: Wow, Ryan D. was all over this Journolist deal...opining that choosing not to have an abortion is...heartwarming. Truly. I've encountered this weird reaction before, many if not all of my liberal New York friends think that having Trig was prima facie evidence of Sarah Palin's crackpottery, nuttiness and all around loathesomeness. "I guess they actually have those kind of babies out there. Ick!" After all, in NYC you're only likely to have one or two kids, so it just wouldn't do to not have a pristinely healthy child.
Tuesday, July 20, 2010
A Pattern of Warring Against the States On Every Issue
Immigration, Healthcare, and potentially Energy - the Obama administration has managed to embroil the federal government in an all out war against states on each issue. A certain amount of co-existence and deference between the states and the feds is necessary for the survival of a federal republic. If this pattern holds and grows, we are on dangerous ground.
Public Servants Pish...Try Loathesome Pigs
Once In A While...Hitch Is Ridiculous
Monday, July 19, 2010
Union's Adoption of Cross-Functional Training Pays Off!
Friday, July 16, 2010
What Defines Democrats Better Than This?
Look At This Picture and Ponder What It Means
Jeffersonianism Whipping Progressivism? Let's Hope
Thursday, July 15, 2010
July 15, 2010
Members of Iran’s Islamic Revolutionary Guard Corps (IRGC) were killed in a suicide attack in Zahedan because the explosion happened behind a checkpoint, Deputy Interior Minister Ali Abdollahi said, Reuters reported July 15. Zahedan member of parliament Hossein Ali Shahiari said the bomber did not make it past the checkpoint at the mosque and was dressed as a woman, AFP reported. When people came to the rescue after the first explosion, another blast occurred, Shahiari said.
Anti-IRGC sabotage has been fairly frequent for some time now. I sure hope it is us.
Obama on BP Cap Success: "Whose Up for Some Golf?!"
Greenspan Gives Socialists Intellectual Cover
Oh, just a reminder what Nobelist Robert Mundell says about letting those tax cuts lapse...nose dive.
SaveOurAssPAC Rakes It In
Here is what I imagine a Romney fundraising pitch goes like...
Phone rings at big-time CEO's office: "Mr. Farr's office."
Romney: "Is Dave in? It's Mitt Romney."
AA: "Hold please."
Big Time CEO: "Mitt. Dude."
Big Time CEO: "You Assembling the Cavalry?"
Romney: "Dude. Fuck yeah."
Big Time CEO: "What? Hundo? Two-fitty? What'd Owens Give?"
Romney: "Dude. Five Hundo and get me five more from folks you know...and Seidenberg doesn't count, I called him already."
Big Time CEO: "OK. SaveOurAssPAC, right?"
Romney: "Funny. We can't cash that one, try just RomneyPAC."
Big Time CEO: "Done. Later."
ObamaCare + Dodd-Frank = Double Dip
How Scott Brown and those ridiculous women from Maine could vote for this thing is beyond me. Are they really that clueless as to a) what this will actually do to the economy, and b) that this is a policy victory for the Democrats??
Tuesday, July 13, 2010
Liberals Starting to Think "We Can't Arrogantly Dismiss Palin Anymore"???
Although the Daniels/Ryan ticket could be awesome too, or Daniels/Pence (two Indianans, could that happen? Nah.) Romney/Pence? I like that. Although it all pales, pales I tell you, to the ticket of tickets, the 2012 sine qua non of a roaring comeback for freedom loving, bloated government-hating real dealers like you and I dear reader...that's right baby...there is no better combination in the land than when Jersey meets Oklahoma! Christie/Coburn 2012. Just the thought brings tears of joy.
God Speed Mr. Steinbrenner
Monday, July 12, 2010
Tripling Down on Stupid
UPDATE: Another rig gone. I would say that President Obama better not show his face on the Gulf coast if this keeps up. He won't be very welcome.
Friday, July 09, 2010
Time for a Word From Our Sponsor
Keep tuning in via those Internet tubes folks, for continued prescient analysis and commentary on politics and the economy.
Giant Sucking Sound, Gulf of Mexico Edition
NASA Muslim Outreach, the MSM, and Dear Leader
Lame Duck Assault on Democracy
Thursday, July 08, 2010
What Do the Aussies Know That We Don't?
UPDATE: Wait a second, those crazy Canucks are in on the secret too! It is almost as if some countries actually know what they are doing to promote job growth and others don't! Or maybe the Aussies and Canucks are not focused like a laser on jobs. Please Dear Leader, turn off the laser beam!!!
UPPDATE: And in other news, the American leadership is still clueless.