October 6, 2011

Thursday Off-Topic (Moderated) Open Thread (100611)

Filed under: Lucid Links — Tom @ 8:45 am

Rules are here.

Possible comment fodder follows. Other topics are also fair game.

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At the Wall Street Journal yesterday“Nearly Half of U.S. Lives in Household Receiving Government Benefit” (BizzyBlog Blast from the Past: May 26, 2011 — “Cliff-Diving Into Dependency, and Trolling for Democratic Votes”)

At Rasmussen — Election 2012: Generic Republican 47%, Obama 41%

Via CNS News“‘Anyone’ Can See Economy’s Improving, DNC Chair Insists; ‘We’ve Begun To Turn The Corner,’ Democrat Says” (Herbert Hoover, early 1930s: “Prosperity is just around the corner.”

Via CNS News: “Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined.” Well, he said he wanted to “fundamentally transform America.”

Noel Sheppard at NewsBusters“After Five Weeks MSNBC’s Matthews, O’Donnell, Schultz and Sharpton Still Haven’t Reported Solyndra.” Anybody who has had to watch five weeks of those programs to know that — or has had to read the transcripts — deserves hazard pay.

Second-Best Occupy Wall Street-Mocking Graphic of the Day (HT Instapundit; original credit appears to belong here):

PRESIDENTGOLDMANSACHS

Here’s the best, via a BizzyBlog emailer.

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11 Comments

  1. Tom, Ron Paul is correct on this. – Greg

    Ron Paul suggests media could be targeted by government

    http://firstread.msnbc.msn.com/_news/2011/10/05/8172692-ron-paul-suggests-media-could-be-targeted-by-government

    ……..Ron Paul suggested Wednesday that the government could just as easily target the media or academics the way it did US-born al-Qaeda operative Anwar al-Awlaki in a military strike last week.

    “Can you imagine being put on a list because you’re a threat? What’s going to happen when they come to the media?” Paul asked during an appearance at the National Press Club. “The media becomes a threat or a professor becomes a threat. Some day that could well happen. This is the way it works. It’s incrementalism.”

    Comment by G — October 6, 2011 @ 9:33 am

  2. How lame. This is nothing new and it’s totally unrelated to al-Awlaki, who was killed because he was an enemy combatant. It’s why you elect responsible people to govern.

    Seriously, if Ron Paul wants to run on the “I won’t ever engage in self-defense” platform, he should just come out and say so, and let the chips fall where they may.

    Let me also suggest that the chances are about 50-50 that Paul will mount a third-party effort when he fails to get GOP nomination, and that the result if that happens will be the reelection of Obama.

    Comment by TBlumer — October 6, 2011 @ 10:18 am

  3. Okay Tom, Lets say it comes down to Romney as the Republican- Corporatist choice, now I have a serious issues with Romney, would you vote for Romney over Ron Paul?

    http://junkscience.com/2011/10/05/romney-in-2003-coal-plant-kills-people/#more-3336

    ……..With Mr. Foy by his side, Mr. Romney joined activists outside an aging, coal-fired plant in 2003 to show his commitment to the emissions caps. “I will not create jobs or hold jobs that kill people, and that plant, that plant kills people,” he said………..

    Abortion? Yes/No
    Global Warming? Yes/No.
    Gay Marriage? Yes/No.

    Really, how different is this guy fron the current oval office occupant?

    Comment by G — October 6, 2011 @ 10:29 am

  4. Romney is unfit. Obama is unfit. Paul is probably unfit. I’ll worry about theoreticals when they become actuals.

    Comment by TBlumer — October 6, 2011 @ 11:55 am

  5. Forget elections for a second.
    Now Tom, I simply do not like this at all
    no way, no how. Its disturbing. Please read:

    Secret panel can put Americans on “kill list’

    http://www.reuters.com/article/2011/10/05/us-cia-killlist-idUSTRE79475C20111005

    Comment by G — October 6, 2011 @ 1:46 pm

  6. As stated umpteen times before, Awlaki was an enemy combatant:

    Officials said Awlaki, whose fierce sermons were widely circulated on English-language militant websites, was targeted because Washington accumulated information his role in AQAP had gone “from inspirational to operational.” That meant that instead of just propagandizing in favor of al Qaeda objectives, Awlaki allegedly began to participate directly in plots against American targets.

    “Let me underscore, Awlaki is no mere messenger but someone integrally involved in lethal terrorist activities,” Daniel Benjamin, top counterterrorism official at the State Department, warned last spring.

    As long as enemy combatants are the ones on the list, it’s not a problem. If we have doubts that it will be handled properly, then we put someone else in charge.

    If this were the Bush administration, it would be front-page NYT for a month. But they’re okay with their guy having the power, just not an eeeeeeevil Republican or conservative.

    Comment by TBlumer — October 6, 2011 @ 2:03 pm

  7. Here is a Dandy little article on your favorite candidate, Herman Cane! Enjoy with your cup-a- morning joe! :)

    “The Wickedness of Herman Cain”
    http://vox-nova.com/2011/10/05/the-wickedness-of-herman-cain/

    Comment by G — October 6, 2011 @ 9:21 pm

  8. If VN can demonstrate that Cain got treatment by bumping people out of line, he/she/it would have a point. If not, and I’ll bet not, this is pure, class-envy BS not worthy of a Catholic. Otherwise, the fact that he got treated quickly, and would not have been treated as quickly as necessary had he had to get bureaucrats’ permission, stands.

    If we get the health reform VN and Gallicho want, everyone in circumstances similar to Cain’s will die instead of some getting saved — and a so-called Catholic calls that an improvement? Horse manure. People need to be given the autonomy Cain had through a patient-driven system.

    Gallicho is even critical in effect of people who did something nice and demonstrated charity towards Cain. I can remember when charity was considered one of the three key virtues. Now it’s “wicked.” Un … believable.

    Comment by TBlumer — October 6, 2011 @ 10:08 pm

  9. This Tom is how money managers in government convince themselves printing money is not insane:

    Some analysts believe that this round of QE could be less effective than the previous one, forcing the Bank to create even more money this time.

    Michael Saunders of Citigroup, forecast that there could be as much as £225 billion more QE by next year. “I think they will do lots more QE,” he said. “It’s both that the economy is weak but also that the MPC’s view is that QE is not a very powerful tool, or rather it takes a large amount of QE to have much effect on the economy.”

    http://www.telegraph.co.uk/finance/financialcrisis/8812260/World-facing-worst-financial-crisis-in-history-Bank-of-England-Governor-says.html

    If the Bank of England is going to run the presses, you know the US Fed will also have cover to run a MASSIVE QE 3.?

    I repeat my prediction, Greece defaults, Euros are printed en masse to cover loans to European banks holding Greek bonds and the Fed backstops that with more printed money, i.e. loans to insitutions who foolishly engaged in credit default swaps with the European banks. See no money lost to bond holders, Greeks owe nothing to start spending all over again and everyone’s happy. Hmmm, you think Obama is seriously eyeing the happy ending???

    Comment by dscott — October 6, 2011 @ 10:31 pm

  10. Just to underline that earlier thought:

    The ultimate “backstop” behind governments and financial systems? The printing press. Print trillions and bail out bondholders, Geithner pressured the ECB—though it has already printed enough to buy $211 billion in crappy Greek, Irish, Portuguese, Italian, and Spanish bonds. That wasn’t sufficient for him. He wanted trillions. He failed to mention the damage these types of policies are doing to the real economy in the U.S. Inflation has whacked the purchasing power of the middle class and has created a hellish scenario for savers and fixed income investors.

    http://www.zerohedge.com/contributed/geithner-truth-could-cause-significant-damage

    Comment by dscott — October 6, 2011 @ 11:59 pm

  11. Private GDP vs Government GDP

    Nice chart – Kind of dispells the notion of increasing economic health when you consider any contribution government spending did with borrowed dollars is inflating it’s true contribution to the economy.

    http://www.mcoscillator.com/learning_center/kb/special_market_reports/its_the_private_economy_that_matters/?utm_source=McClellan+Chart+In+Focus+-&utm_campaign=f073d91f28-Special_Report_Private_Economy_That_Matters&utm_medium=email

    Please note that this graphic assumes inflation was properly discounted from the figures making up that graphic. I and others contend it is not.

    Comment by dscott — October 7, 2011 @ 12:33 am

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