Archive for August, 2012
The president’s apologists correctly sense peril for their favored candidate.
Paul Ryan’s speech accepting the Republican party’s nomination for vice president was everything that could have been hoped for by the Romney campaign and more. It made the case against President Obama in devastating terms — using humor and memorable line after memorable line to drive home the main point that the president has been a miserable failure in office. The speech is likely to have lasting impact in this campaign.
Which perhaps explains the panicky reaction of the mainstream press and Ryan’s liberal critics. Almost from the moment Ryan finished his speech, apologists for the president (including the Washington Post) have come out swinging, quite plainly indignant that Ryan landed so many punches when the usual media filters couldn’t stop him.
Read more by James C. Capretta at National Review
More big U.S. companies are reincorporating abroad despite a 2004 federal law that sought to curb the practice. One big reason: Taxes.
Companies cite various reasons for moving, including expanding their operations and their geographic reach. But tax bills remain a primary concern. A few cite worries that U.S. taxes will rise in the future, especially if Washington revamps the tax code next year to shrink the federal budget deficit.
Read more by John D. McKinnon from The Wall Street Journal, posted at Yahoo Finance
Personal responsibility has become about as rare as a lion’s dinner. There once was a time in which people did self-assessments, following unfavorable occurrences or outcomes. People had no problem looking at themselves in the mirror, and accepting some blame where it was due. Prior generations actually TOOK PRIDE in owning up to shortcomings, while striving to correct such self-caused problems. But this concept has been gone longer than Karrine Steffans’ virginity. We now live in a society that takes solace in the idea that they can place responsibility (for THEIR actions) on society as a whole. You can live without consequence, since we have a system in place which allows you to pass the buck like generous exotic dancers sharing with one another. You do not have to fess up to any contributions you made to your own mess, financial or otherwise. You can simply say that OTHERS are responsible. Especially the government.
Posted by Marquis “Motionn” Campbell at KiraDavis.net
. . . in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life” –VP Candidate Paul Ryan (R-WI)
To fuel their false “GOP is racist” argument, MSNBC conveniently cut every speech given by a minority from their RNC coverage tonight. Francesca Chambers at Red Alert has the evidence:
–SNIP– MSNBC doesn’t have the evidence to back up their claims that the GOP is racist, so what do they do? They manufacture it based on lies and false coverage.
Read more by Katie Pavlich at Townhall
DNC Proceeds With 2-Hour Islamic ‘Jumah’ Prayers After Rejecting Cardinal’s Blessing (And You Won’t Believe Who’s Invited)
The Democratic National Committee is raising a number of eyebrows after choosing to proceed with hosting Islamic “Jumah” prayers for two hours on the Friday of its convention, though it denied a Catholic cardinal’s request to say a prayer at the same event.
Read more by Erica Ritz in TheBlaze.com
–SNIP– In the notorious Hudson transaction, for instance, Goldman claimed, in writing, that it was fully “aligned” with the interests of its client, Morgan Stanley, because it owned a $6 million slice of the deal. What Goldman left out is that it had a $2 billion short position against the same deal.
If that isn’t fraud, Mr. Holder, just what exactly is fraud?
Still, it wasn’t surprising that Holder didn’t pursue criminal charges against Goldman. And that’s not just because Holder has repeatedly proven himself to be a spineless bureaucrat and obsequious political creature masquerading as a cop, and not just because rumors continue to circulate that the Obama administration – supposedly in the interests of staving off market panic – made a conscious decision sometime in early 2009 to give all of Wall Street a pass on pre-crisis offenses.
No, the real reason this wasn’t surprising is that Holder’s decision followed a general pattern that has been coming into focus for years in American law enforcement. Our prosecutors and regulators have basically admitted now that they only go after the most obvious and easily prosecutable cases.
If the offense committed doesn’t fit the exact description in the relevant section of the criminal code, they pass. The only white-collar cases they will bring are absolute slam-dunk situations where some arrogant rogue commits a blatant crime for individual profit in a manner thoroughly familiar to even the non-expert portion of the jury pool/citizenry.
Read more by Matt Taibbi at Rolling Stone
Democrats more obsessed with how Romney spends his own money than how Obama spends ours.
“He just isn’t bright” – Rudy Giuliani on Joe Biden
The current administration is “Intellectually exhausted,” as Mitt Romney points out, and is now in “rope-a-dope” mode, trying as best it can to avoid answering any substantive questions on its record.
As Rush Limbaugh has championed, this is “the Kardashian president.” He is long on charisma, short on substance and out of his depth on what to do with the economy other than tax and spend. Obama did sheepishly admit at another swing state campaign stop that the economy has slowed. Indeed, for the same reasons that Michael Jackson slowed down in 2009 – making poor decisions and relying on quacks for advice.
Both Ryan and Obama were campaigning at the Iowa fair, where Obama bought 10 beers for people (actually he taxed us for six beers and borrowed the cost of the four other beers from China), and ate fried pork with his hands. Ryan was offered greasy fair food and declined – probably because he knows Medicare is going bankrupt and it will be up to him to stay healthy if he wants to live.
Read more by Ron Hart at OC Register
–SNIP– Too many people think that freedom, opportunity and a variety of choices are ever-present features of life in the U.S. — that fundamental transformation of America will not affect accustomed standards.
When we lived in the U.S.S.R., locked away from the world, kept from traveling abroad and surrounded by government-controlled sources of information, we couldn’t imagine what kind of life people had on the outside. Simple things, like tomatoes in stores in winter, seemed improbable.
–SNIP– It’s stunning for an immigrant from a socialist country to hear in the speeches of Democratic Party leaders platitudes taught in socialist countries. Even more stunning is how they resonate with people born in the free world.
Read more by SVETLANA KUNIN at Investors.com
After a long summer of high-profile scandals — JPMorgan Chase trading, Barclays rate-fixing, HSBC money laundering and more — the debate about the financial sector is becoming livelier.
Why has it become so excessively dominated by relatively few very large companies? What damage can it do to the rest of us? What reasonable policy changes could bring global megabanks more nearly under control? And why is this unlikely to happen?
Read more by Simon Johnson at NY Times
–SNIP– Have you seen the latest Newsweek magazine cover out this week? Ultra-left Newsweek’s cover story features a photo of Obama and the headline: “Hit the Road Barack, Why We Need a New President.” My, how the mighty have fallen! Is it possible the mainstream media are finally starting to grasp what I predicted three months ago: that Obama will lose in a landslide? Has the first domino fallen? As the media realize that Obama will not only lose, but lose big, I predict this will be the first of many negative headlines for Obama. After all, no one likes to bet on a lame horse.
Why the change of heart? The latest Gallop Poll has Romney up by 2 points. That’s before the GOP Convention. Rasmussen (my most trusted pollster) has had Romney up by 3 to 4 points most days for a solid month. Rasmussen also has Romney winning Indiana, North Carolina, Florida and dead even in Wisconsin (all States Obama won in 2008). Obama is in deep trouble and that’s before America gets to see Paul Ryan debate Joe Biden and realizes that Biden is a worn-out union hack with no knowledge of facts whatsoever.
What if the media actually try playing fair and balanced and telling the truth? Here is what they’d report:
Read more by Wayne Allyn Root at Personal Liberty Digest
Not only did the President and his partners in Congress take $716 billion out of Medicare to pay for Obamacare, but they also raise taxes by $836.3 billion to pay for it, with $36.3 billion hitting Americans in 2013 alone. Here’s the Congressional Budget Office (CBO) and Joint Committee on Taxation‘s (JCT) updated cost of the Obamacare tax hikes and penalties.
To read about more of Obamacare’s negative effects, click here.
Read more by Alyene Senger and John Fleming at Heritage.org
In its otherwise glorious history, the Oval Office has suffered its share of scoundrels. Bill Clinton and Richard Nixon, to name just two, certainly left distinctive stains.
Yet Barack Obama’s conduct puts him in a class of one. Day in, day out, he diminishes the traditions of an office that, starting with George Washington, were created to keep the presidency above the soiling scrum of partisan politics.
No. 44 specializes in a small-mindedness fueled by arrogance and contempt. So much so that, if he loses this election, he’ll already have earned the title for his next book: “Honey, I Shrunk the Presidency.” Let us count the ways.
He has attended more fund-raisers than any president in history, turning Air Force One into a collection shuttle.
He stands behind the grand seal of the United States of America to level scurrilous attacks on his opponent, by name, and even names the opposing vice-presidential candidate. He’s more respectful when he talks of Iran’s mad mullahs.
Read more by Michael Goodwin at NY Post
Years, and sometimes decades, pass between my visits to movie theaters. But I drove 30 miles to see the movie “2016,” based on Dinesh D’Souza’s best-selling book, “The Roots of Obama’s Rage.” Where I live is so politically correct that such a movie would not even be mentioned, much less shown.
Every seat in the theater was filled, even though there had been an earlier showing that day, and more showings were scheduled for the rest of the afternoon and evening. I had to sit on a staircase in the balcony, but it was worth it.
The audience was riveted. You could barely hear a sound from them, or detect a movement, and certainly not smell popcorn. Yet the movie had no bombast, no violence, no sex and no spectacular visual effects.
The documentary itself was fascinating, as Dinesh D’Souza presented the story of Barack Obama’s life and view of the world, in a very conversational sort of way, illustrating it with visits to people and places around the world that played a role in the way Obama’s ideas and beliefs evolved.
Read more by Thomas Sowell at FrontPageMag.com
As the Obama campaign and the media continue to press Mitt Romney to release more of his tax returns, and to suggest–without a shred of evidence–that he is a “felon,” it is worth noting how much critical information Barack Obama has withheld from view–both as a candidate in 2008, and during his term in office. Here is a Breitbart News top ten list of things that Obama has refused to release (a complete list would fill volumes):
10. State senate papers. . . .
Read more by Joel B. Pollak at breitbart.com