October 8, 2011

Saturday Off-Topic (Moderated) Open Thread (100811)

Filed under: Lucid Links — Tom @ 9:26 am

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

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Kyle-Anne Shiver at Pajamas Media“Herman Cain: The New Front-Runner”

At Zero Hedge (HT commenter dscott) — “Congressional Research Service Finds US Exposure To Europe At $640 Billion And ‘Could Be Considerably Higher’”

An Investor’s Business Daily editorial“George Soros: Agent of Chaos.” Money quote: “Not only is the $22 billion-dollar man declaring the motley mob the protagonists in a vast struggle against capitalism, the activist groups he’s funded, such as the Tides Foundation, MoveOn.org, and a new one, led by self-described communist Van Jones called ‘Rebuild the Dream,’ are now its most active organizers.” Hypocrisy add-on: “Soros was a vocal proponent of bank bailouts himself.”

The Congressional Budget Office estimates that the deficit for the fiscal year which just ended was $1.298 trillion. In the year after which the two-year, $800 billion stimulus went away (i.e., when spending should have gone down by about $400 billion), spending increased by 4.2%, or $144 billion, completing offsetting increases in collections. (Also: Zero Hedge notes that without a bit of gimmickry, the deficit would have been $1.4 trillion.)

In September 2011, the economy, pending revisions, added 103,000 seasonally adjusted jobs (well, 58,000 after subtracting out Verizon workers who walked off the job in August and returned last month). In September 1983, the economy added just over a million jobs (HT No Runny Eggs).

The usually measured Steven Heyward At Powerline (“The Eternal Cluelessness of Mitt Romney”):

(Thursday’s) Wall Street Journal brings a fresh dose of heartburn for those of us willfully trying to warm up to Romney, with a front-page story on Romney’s environmental record during his governorship of Massachusetts. Now, I’ve argued for a long time that Republicans ought to be able to handle environmental issues with more finesse, but from the looks of this story Romney hasn’t got it. There’s this quote from Romney, outside a coal-fired power plant that he wanted to rein in somehow:

“I will not create jobs or hold jobs that kill people, and that plant—that plant—kills people.”

Where to begin with this kind of idiocy? And if we’re going to have that kind of idiocy, why not just elect Al Gore?

Or Barack Obama?

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