January 4, 2011

Lickety-Split Links (010411, Morning)

Filed under: Lucid Links — Tom @ 6:30 am

Good news (seriously) — Dollar General will hire 6,000 for new stores. There’s nothing wrong with Wal-Mart feeling a little pressure from an outfit which, though selective, sometimes has even deeper discounts.

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In New York City, it’s garbagemen not in, lots of garbage still out.

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Steve Driehaus needs to figure out that when the ACLU feels it has to cover its hind end (HT 3BP) and defend a prolife group to avoid being accused of hypocrisy, he’s on the losing side of the argument.

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Readers here should be able to see the problem with the bolded statement in a missive over at Buckeye Firearms (BF) in reaction to lame-duck House Speaker Armond Budish’s bottle-up of a bill that would have allowed Concealed Carry permit holders “to let people with concealed-weapon permits carry their handguns inside businesses that have state liquor permits”:

As Speaker Budish has retained his leadership position in the caucus (as Minority Leader, given the new Republican majority — Ed.), it seems fair to wonder if there are any pro-gun Democrats. One thing is clear, there are certainly not enough – and that is reason enough for gun owners to be glad the Republicans now control the entire state legislature.

Geez, that’s a statement BF could make about the vast, vast majority of Democrats nationwide. Yet somehow BF saw fit to endorse Ted Strickland for reelection as Ohio’s Governor — even though Democrat Strickland avidly supports President Barack Obama, whose is as hostile to gun rights as any President ever elected, and who nominated two gun-hostile Supreme Court justices, both of whom violated their oath to uphold the Constitution in the McDonald case.

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A Zombietime must-read: “The Five Best Arguments Against Sharia in the United States”

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Outrage of the young in Europe – “youth protests (are really) … against a general situation in which the older generations have eaten the future of the younger ones.”

Indeed. Barring a major course change, this will be coming to America soon.

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Speaking of which, this had better not be coming to America soon, but don’t bet against it:

European nations begin seizing private pensions
Hungary, Poland, and three other nations take over citizens’ pension money to make up government budget shortfalls.

I wonder what the “we should be just like Europe” crowd thinks of this?

If attempted here, mattresses will be bulging as they never have.

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Zero Hedge-based non-cheerful passage of the day, courtesy of retail expert Howard Davidowitz (bolds are mine):

I am not surprised by the strength of retail sales, because I knew that 30% of consumers are responsible for retail sales, and these 30% did much better because of the performance of capital markets. I don’t think it is indicative of anything going forward.

I don’t think the economy is going to get any better. If you look at our fiscal and monetary policy, we went two trillion in the hole last year. Two trillion… to produce this… and unemployment went up to 9.8%! We’ve spent two trillion we’re printing money we’re going bananas. Our balance sheet, we’ve got $2.6 trillion on there, and what’s on there government securities, and MBS (mortgage-backed securities — Ed.).

If interest rates go up a point Bernanke’s bankrupt. Everything he’s bought is underwater. All the MBS are underwater, the whole country is underwater.

If there’s a credible counterargument, I’d like to hear it.

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1 Comment

  1. The European solution of seizing pension funds is actually a Democrat idea not implemented. Democrats have repeatedly discussed seizing 401k accounts in return for a so called guaranteed 3% return. ALL $3+ trillion of them. This is why in 2008 I stopped contributing to my 401k plan since these thieves were looking to squander every penny of my hard earned savings to cover up the mess they made. I suspect very strongly many people reacted the same way.

    Comment by dscott — January 4, 2011 @ 3:30 pm

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