Things I’d Like To Post About Today ….. (122808, Morning)
….. But I Don’t Have Any Time For:
- Thomas Sowell has a great column (actually, that’s a redundant statement) at IBDeditorials.com — “Postponing Reality At Detroit’s Big Three.” The mindset of the whole bunch of them reminds me of a certain 16 year-old.
- Lisa Goldman at Pajamas Media — “Hamas Goads Israel Into War; Israel has no good options left: they can either look weak or look brutal.” (Gee, I wonder what happened in the past 54 days to inspire the goading?)
- OMG Alert (HT Michelle Malkin) — California wants $15-$20 billion of our dollars for high-speed rail from San Fran to LA that no one will use and that will create annual bottomless pit operating deficits. This is just one project in the bidding for a piece of the supposedly $850 billion wish list. I’ll bet they can get it to $2 billion in no time.
- Another brilliant assertion by IBDeditorials.com about journalists — “Their contempt for the capitalism and free markets that have made so many of them comfortable is strong enough to make them wish for economic conditions not in their best interests — and it comes through loud and clear almost every time they report.” I don’t think they’ve even figured out that a print newspaper is now luxury good for people who want to stay informed instead of the near-necessity it was 20 or so years ago. People will ditch their print newspaper way before they’ll give up Starbucks.
- State Auditor Mary Taylor is doing her job, suggesting remedies for Medicaid that could have saved $300 million in the past year. As expected, the bureaucrats don’t like it. Note that the recommendations were made in 2006 before she was elected.
- Here’s a suggestion — no, make that a demand — US taxpayers need to submit to California’s Arnold Schwarzenegger, the Begginator — his state gets no bailout until they “Drill Baby Drill.” The state can pay the rest of us back with royalties collected.
- Ted Strickland’s comment last week that the Congressional GM-Chrysler bailout vote was about “settling old scores” shows that he thinks he’s the governor of those two companies (not headquartered in Ohio) and not Honda USA (which is). Ted, how about going to the part of the stadium where the Maize and Blue fans are at next year’s Ohio State-Michigan game?
Now we come to it, I suggested months ago that CA make a deal like Palin did with the oil companies. So the Dems are in a pickle choose between their precious AGW cultism or driving the poor into total destitution by raising the cost of living with the drilling ban and eviscerating jobs by raising taxes yet more and energy costs. The Dems solution, sprinkle down economics by handing out money to those at the bottom in a vane attempt to offset their own incompetence. In the meantime, the budget deficits spiral out of control increasing the pressure to print more money.
You know all these gullible people will instead thank the Dems for tossing them a bone and vote for them again. Hmmm, who knew politicians could fail up? Now we know the world is upsidedown, deficits are a sign of economic health…what kind of health is totally up to your opinion. But the question still stands, if deficit spending is good for the economy then why did we go into recession in the first place? You can bet the MSM isn’t going to pose the question for consideration.
Comment by dscott — December 28, 2008 @ 11:53 am