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August 07, 2011

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Jack is Back!

I have been receiving lots of emails from libs (who somehow got on my email list) about how S&P missed all kinds of events like the subprime, Lehman Bros., blah-blah-blah but then turn around and applaud the fact they are calling for more taxes. As Clarice points out today in her Pieces - heads I win, tails you lose.

bgates

Latest from Washington - Obama is very upset; apparently the USGA downgraded his handicap to 23.

centralcal

Good morning. I have not read Clarice's Pieces yet, because I heard from Scarlett Ann via email. It came last night, but I only saw it this morning. She thought she might drop in on the comment thread last evening (though I didn't find her when I checked a little while ago) - she was very upset about the loss of our soldiers yesterday.

Anyway here are the highlights: her vision is returning to normal. In typical Ann humor, she says the doctors don't know what to think of her! lol. She says she had another MRI and wonders if they found a brain! She is simply overwhelmed from all the outpouring of love and concern she has received from JOMers and embarrassed that she just isn't emotionally able to respond to each and every one, yet. Oh, and she is delighted to still have her hair.

Okay, off to read Clarice.

Comanche Voter

I loved the line that the credit rating agencies are "trying to restore their credibility". This because they had put solid ratings on what proved to be worthless stuff.

The truth is that we went on a credit spending binge and now, to qoute that great Reverend--Jeremiah Wright--the chickens are coming home to roost!

henry

Fabulous Pieces today! Thanks Clarise.

Clarice

What good news about Ann. Ann, if you pop in, we're all pulling for you!

Here's a link:

http://www.americanthinker.com/articles/../2011/08/raging_at_the_dying_of_their_light.html at August 07, 2011 - 07:22:30 AM CDT

centralcal

Oh how I loved your Pieces this morning, Clarice! I think each of us has had a least one interaction similar to yours. The rage always takes me a little by surprise - the person seems so normal in other ways. lol.

I see your column picking up quite a few commenters week to week, which are always interesting to read, too.

Extraneus

Speaking of impotent rage, they're really going to feel it when they realize their "hostage-taking Republican terrorists" meme is backfiring on them. I'm curious to know whether they're sticking with this stupid strategy on the Sunday shows today, but not curious enough to watch myself.

Extraneus

Looking forward to Ann showing up!

Clarice

Last night as I was about to doze off, it occurred to me how trapped the Dems are. They have contended that any opposition to Obama is animated by racism which means ,even as it grows obvious to even them that he is a loser and his views increasingly unpopular, they dare not lift that albatross from their necks.

Neo

You have to sit through an Obama/Times lap dance to get to this gem ...

A second possibility is that he is simply not up to the task by virtue of his lack of experience and a character defect that might not have been so debilitating at some other time in history. Those of us who were bewitched by his eloquence on the campaign trail chose to ignore some disquieting aspects of his biography: that he had accomplished very little before he ran for president, having never run a business or a state; that he had a singularly unremarkable career as a law professor, publishing nothing in 12 years at the University of Chicago other than an autobiography; and that, before joining the United States Senate, he had voted "present" (instead of "yea" or "nay") 130 times, sometimes dodging difficult issues.
.. of course, it was only conjecture.

After two years of inhaling his excrement, they actual admit that this is at least a possibility. A 'well done' goes to the Times.

Jack is Back!

Joe "tea party republican terrorists" Nocera has publicly apologized. Imagine that - a slimesman apologizing. Countdown for similar apologies from Uncle Joe, MoDo and Kruggles begins now 10...9...8

OT: Must read is Joe Rago's article on Cantor and his thoughts on The Won and Present Hope Changer over at WSJ.

a friend

Yesterday's loss of SEALs, Air Force Combat Controllers, Army aircrew is very tough.

It is not as if 38 pax we lost on a military transport (MAC/AMC) flight. Losing so many all from one command, and a command so tight knit rarely if ever happens in today's military.

I cannot recall the last time when the Navy lost so many personnel at one time.
SEALs have never lost so many in one operation.
Further, the number of SEALs lost in this op is greater than have been lost through the entire last ten years combined.

I know these men and know the community and know the command well. Yes, they are can-do and will reconstitute--yet. . .

Should you know of anyone seeking to acknowledge their grief and send support to the widows and children of all SEAL families, please tell them about the the Naval Special Warfare Foundation.

~~~

The grief must be overwhelming for the families. Yet, if there be any consolation in this combat loss, it is that these men stood strong where others feared to tread, that they displayed enormous grace under pressure, that they did their duty, and did it well.

Day is done,

gone the sun,

from the lakes

from the hills

from the sky,

all is well,

safely rest,

God is near.


May they all Rest In Peace.

narciso

If you follow the Jammie Wearing Fool link, the 'apology' is a tad disingenous, in the
Luigi Vercotti vein 'Im sorry you took the stiletto in your back' as a negative sign.

Pops

There were many that said NBC News would be embarrassed by MSNBC.

I hope they all realize this morning that NBC News is no less liberal then MSNBC.

They are so far left it's laughable.

peter

Obama's problem, according to the Slimes (LUN) is that he is just too damn bipartisan.

narciso

It opens up with this bit, which suggests that Westen was one of the EWest Wing's dimmer
screenwriter,s other than the Pegster:

I know you’re scared and angry. Many of you have lost your jobs, your homes, your hope. This was a disaster, but it was not a natural disaster. It was made by Wall Street gamblers who speculated with your lives and futures. It was made by conservative extremists who told us that if we just eliminated regulations and rewarded greed and recklessness, it would all work out. But it didn’t work out. And it didn’t work out 80 years ago, when the same people sold our grandparents the same bill of goods, with the same results. But we learned something from our grandparents about how to fix it, and we will draw on their wisdom. We will restore business confidence the old-fashioned way: by putting money back in the pockets of working Americans by putting them back to work, and by restoring integrity to our financial markets and demanding it of those who want to run them. I can’t promise that we won’t make mistakes along the way. But I can promise you that they will be honest mistakes, and that your government has your back again.” A story isn’t a policy. But that simple narrative — and the policies that would naturally have flowed from it — would have inoculated against much of what was to come in the intervening two and a half years of failed government, idled factories and idled hands. That story would have made clear that the president understood that the American people had given Democrats the presidency and majorities in both houses of Congress to fix the mess the Republicans and Wall Street had made of the country, and that this would not be a power-sharing arrangement. It would have made clear that the problem wasn’t tax-and-spend liberalism or the deficit — a deficit that didn’t exist until George W. Bush gave nearly $2 trillion in tax breaks largely to the wealthiest Americans and squandered $1 trillion in two wars.

narciso

The funny thing, is bgates can write a better passage in his sleep,

Chubby

Clarice, that was so darned good.

((As time has passed, I have come to believe that the reactions I received represented a rage at the dying of all that which these men had embraced in the absolute certainty of the righteousness and soundness of their views, and their right to have them automatically accepted as the approved model for all right thinking people. --Clarice Feldman, Raging At The Dying Of Their Light, LUN))

The mental phenomenon you describe is almost Biblical in proportion. The prophets in the Bible who were right were always vilified and slandered by the false prophets who were wrong.

Another aspect of it is the Peter Pan syndrome, they've never given up what they should have given up at thirty years of age.

Captain Hate

Great pieces, C; I never tire of those dimwits revealing their inner totalitarian impulses. They're gripping hard now because it's starting to connect in their impaired synapses that they're on the wrong side of history. Current inertia is making it reasonable to assume that November 2012 will make 2010 look like a exhibition game compared to the World Series.

There was a thread at AoS last night that morphed into a discussion of all the "flash mobs" which have weirdly come into existence. Putting aside that prolonged economic malaise can manifest itself in many ways, it's hard to ignore the feeling that the coincidence of so many of these implies that something is coordinating them for a malign purpose. If so, this is really playing with fire because even the O-Bots in the Socialist Republic of Cleveland Heights are very outraged by an incident at a festival and don't have any intention of knuckling under to thugs that bring this on.

Danube of Thought

Minus 16 at Raz today.

Melinda Romanoff

Clarice-

I know it was your best one yet, but to get 'lanched last night? Wow.

Chubby

((God is near.))

My hope for the warriors warring for good is that as much effort is put into spiritual preparation *before* battle, emulating the great warrior David, (and George Washington), as is offered as solace after loss, as important as that solace is.

Danube of Thought

Have spoken with Elliott a couple of times by phone since our arrival, but will not be able to get together.

He is packing up to leave London in a few days, headed home to S.F. For a few weeks, accompanied by his mother, who is sharing his last days here. He then heads for a two-year teaching assignment in China, where he hopes to be able to stay in touch with JOM but is uncertain whether it will be possible.

Chubby

((There was a thread at AoS last night that morphed into a discussion of all the "flash mobs" which have weirdly come into existence. Putting aside that prolonged economic malaise can manifest itself in many ways, it's hard to ignore the feeling that the coincidence of so many of these implies that something is coordinating them for a malign purpose))

The absolute basis is that it is the phenomenon of a society where "morality" is a dirty word and youth has not been instructed in it.

Rick Ballard

Great Pieces, Clarice. I keep seeing "heads exploding" imagery used in describing progs reaction to their realization that consummate failure is all that is left for them. Shouldn't it be 'imploding'? After all, we're talking about pressure release occurring in a vacuum.

Ignatz

Here's a link to the Janet Daly piece at the Telegraph narciso mentioned in the old thread.
I have not seen a clearer distillation of the hopeless and irreversible conundrum the left finds itself stuck in regarding their inevitable killing of the free market goose which lays their socialist golden eggs.
A must read IMO.

Chubby

((Shouldn't it be 'imploding'? After all, we're talking about pressure release occurring in a vacuum.))

LOL, that was a good one!

Porchlight

Scarlett Ann! So glad to hear from her.

Captain Hate

Thanks for that link Iggy; and of course narc for bringing it up in the first place. It's so nice to see somebody writing an opinion piece that is based upon a reasonably coherent view of reality. But it's also sad that you have to travel across the Atlantic to find a non-WSJ columnist that doesn't sound like a shrieking ninny.

Ignatz

Great "pieces", clarice.
I especially noted this from Taranto:

Among the "sobering lessons" that "we" have "learned," he writes, is "that there's no point trying to explain complicated matters to the American people."

The dirty little secret the left likes to hide with its hubristic name calling and condescension is that, like most of what they believe, their economic theories are at heart the simplistic bromides of simpletons.
What is easier to understand and more simplistic than the state owning the means of production?
Only slightly less simplistic and disastrously wrong is the silliness at the heart of Keynesianism: the economy is contracting because of inadequate aggregate demand therefore the government should step in spend money to stimulate it.
It has been my experience that the typical lefty cannot even grasp Say's law; it's too counter-intuitive and, dare I say, nuanced for them.
There are smart leftists, but no smart leftism. It is all comprised of the same intellectually lazy, adolescent-daydream-like, magical thinking. They don't like the messy complicated world that we actually live in so they construct this simplistic childlike world where they rule the roost and make all the nasty mean stuff they don't want to think about, reality, go away.

Extraneus

Say's law, or the law of market, is an economic principle of classical economics named after the French businessman and economist Jean-Baptiste Say (1767–1832), who stated that "products are paid for with products"[1] and "a glut can take place only when there are too many means of production applied to one kind of product and not enough to another"

Ranger

Clarce, once again an excellent read. I see the same thing here at the university. Unfortunatly, it took us 40 years to get into this mess, and we don't have 40 years to get outselves out of it. The entire education system has becoem so deeply corrupted, that I really can't see how we get out of this mess without extreemly harsh measures. Higher education will clean itself out from pure ecenomic necesity (though a good push from the government wouldn't hurt), but K-12 will require mass firings and some form of mass new teacher training to fix the problem.

rse

Okay Clarice. A few days ago I had never heard of Millibrand and now his name keeps popping up. I take that as corroboration that those of us paying attention are on the right analytical track.

The reaction you described reminded me of a dinner I was at with a bunch of female, big firm, great paper credentialed, lawyers. The subject of my political mindset came up as a close friend who was recently widowed said her children would at least have me to make the points her husband would have made.

These "elite" are used to dismissing anyone who does not agree with them as unintelligent and/or uninformed. When they are deprived of that stereotype as their fallback response, you get rage or confusion as you noted.

Here's to more such rage and confusion as a necessary prelude to finally getting what is at stake. Great opening volley.

Danube of Thought

What lies ahead--the effort, assuming it will be undertakrn, to disentangle ourselves from the nanny-state entitlement model we have created---puts me in mind of what a sane Russian economist said about the post-Soviet economic challenge: "It is easy to turn an aquarium into fish soup. But how do you turn fish soup back into an aquarium?"

Nice to see that the Pieces have been posted at Lucianne.com.

Relying on you folks to disseminate and dissect what is being said on the Sunday news-talk shows.

Barbara

(I posted this on the other thread, but realized that the comment should probably go here.)

centralcal,

Thank you so much for the update on Scarlett Ann. I love her sense of humor, and am thrilled to hear of her progress.

We love you Scarlett Ann and pray for your health and recovery every day. God Bless you and your family!

Rick Ballard

Ranger,

The CBO scoring of Ryan's Path to Prosperity budget (passed by the House on April 15) shows that the Ryan Plan would take the US out of the danger zone in a lot less than 40 years.

It's the failed progs who don't have a plan or a leader.

Chubby

((It's the failed progs who don't have a plan or a leader))

and in line with Clarice's theme, their apoplectic fury at the Ryan path was something to behold!

Jack is Back!

DoT,

Where are you in London?

Clarice

Thank you all, and special thanks to "a friend" who reminds us as DoT has of the particular loss we have suffered this past week.

Neo

"I had seen first hand the tyrannical face behind the mask of a liberal urbanite."

Let's face it Clarice, most New Yorkers (and their ilk) don't personally know of a Republican that is not to the Left of Olympia Snowe. The urban echo chamber they live in has all Republicans as "El Diablo."
I know a few of these folks (actually friends of my wife), and every conversation with them turns into a jousting contest, where there is invariably a mention of the Koch Brothers, Glenn Beck and Karl Rove, three people who have virtually no effect on my opinions or life.

narciso

So, the New York Post, took the tack today, or criticizing John Chambers of S&P's cv, which almost seems like a Python joke seriously

Ranger

Rick,

I'm more concerned with the project of "recapturing the state" than just the budget issue. At this point, enacting the Ryan budget would be a great step forward. But with the Federal Government packed with people who will fight the project tooth and nail with every tool at their disposal, that alone is not enough. We have to educate an a new generation of citizens and eventually get them into government to make the changes hold.

Captain Hate

Neo, I've always maintained that Rove's best function is making the lefties apoplectic by his mere existence. I'm still not sure why that happens but all that anger is humorous to observe.

Jack is Back!

Dems and The Won having no plan reminds me of my corporate days where we had a management retreat and had an executive training firm come in to facilitate a strategic planning exercise. One of the guys on my team was a first rate engineer, Ph.D in engineering, navy test pilot and former astronaut. Clever, witty and perceptive to a nth degree. He reminded us all that it may be better not to have a plan since with one you are held to its performance of lack thereof. Wise words and one that the chickenshit deems and The Won are obviously practicing.

Army of Davids

Watch EuroLand tomorrow.

Italy and Spain. Too big to bail via European Financial Stability Facility (EuroLand bailout fund). Here comes the ECB.

Maggie Thatcher

"Socialism is great until you run out of other people's money"

narciso

It's not smart to attack the credit
agency, they can always punch back

Democratic National Committee communications director Brad Woodhouse created a new Twitter hashtag Friday night to criticize Standard & Poor’s, as Democrats railed against the credit rating powerhouse for its decision to downgrade the U.S. government’s fiscal status.

Woodhouse tweeted out his support for the hashtag #DowngradeSandP to his 3,841 followers, including many reporters, bloggers, Democratic activists and TV personalities. “Who rates S&P?” he tweeted. “A $2 trillion error and their abysmal failure during the financial crisis – someone should downgrade them.

Read more: http://dailycaller.com/2011/08/06/democrats-rail-tweet-against-sp/#ixzz1UMGvtNUW

Captain Hate

Well Presidebt Petey submitted one budget that was rejected 97-0 by the Senate. Bipartisanship FTW.

Threadkiller

They see Rove as a puppet master. Everything they understand comes from a script so they believe that to be true of everybody. I can't even count how many times I have explained to my liberal friends that I have no use for Rove. Yet they still believe I am a dedicated follower of him.

Until they become individuals they will never understand.

Captain Hate

Woodhouse seems to be entering the Bob Shrum zone.

Clarice

Every lefty luftmensch on every university and in every think take and NGO has to be looking at the failure of The Won with the sinking feeling that their game is up.

For four decades, living well off the fruits of first rate engineers, scientists and managers, these people have been riding high and living well while denigrating the work of those who work in areas where there really is only one right answer.

Clarice

**think TANK**

Captain Hate

I like the Freudian mistake better, C.

boris

"He reminded us all that it may be better not to have a plan since with one you are held to its performance of lack thereof. Wise words and one that the chickenshit deems and The Won are obviously practicing."

Almost sounds like an Alinsky rule.

"Promote our position with vague platitudes, make them present a concrete plan that we can rip to shreds. Any concrete plan will seem to disadvantage some group. Identify that seeming disadvantage and play The Humanity! card to the max."

Neo

Neo, I've always maintained that Rove's best function is making the lefties apoplectic by his mere existence.

Agreed. Same now goes for Palin, Beck and previously Newt. Frankly, I've read about the Koch Brothers, but still have no idea where they, less their money, fit into all of this.

Neo

I can only guess that the Koch Brothers are the "anti-Soros" which bugs the hell out of the "progressives," which is good.

narciso

More of the Luigi VErcotti treatment, in ChinaTown, I mean Wisconsin:

Graeme Zeilinski was upset that a WisconsinReporter.com reporter noted in an interview with the Heritage Foundation think thank that Wisconsin had, according to U.S. Department of Labor data, created nearly half of all the new jobs created across the country in June.

In an email titled "What Happens Next," Zeilinski warned WisconsinReporter.com that:

“What happens next is that I contact the publishers and editors of the papers that publish you as ‘unbiased,’ and let them know our deep concern about the obvious bias that permeates your entire operation,” Zielinski states in his email.

jimmyk

Great "Pieces"! At the risk of sounding like "one of them," this phenomenon is one of those things like media bias that we know to be true and pervasive, but it's very difficult to prove. How many people on the left can tell stories about being "closet liberals"? Or about getting the kind of angry responses to expressing opinions that we've all experienced.

What's most remarkable is the total lack of self-awareness, even after it's pointed out. The whole "tea party as jihadist" meme is a case in point. Rather than shrink back in embarrassment after it's pointed out how bad this looks on so many levels, they just double down on stupid.

Clarice

jimmy, it's Do You Know How I Am on steroids.

How long do you suppose a twit like Kerry would survive on his own without his family position and Teresa's money? Deep inside, even someone as dumb as he is knows he's living a false life, being credited with accomplishments and talents that are non existent.

boris

"these people have been riding high and living well while denigrating the work of those who [provide the wealth working] in areas where there really is only one right answer"

That is a good line. If I ever get the chance to use it, I'm stealing it.

Rick Ballard

Ranger,

I'm more in favor of bulldozing the DC hog pen and devolving about 90% of what it purports to do back to the states than in "recapturing the state", if by state you mean the nation. I do not regard the Muddle as educable, trainable is about the best mankind has ever achieved. To the extent that it is capable of learning, the best teacher is experience and experiencing the utter failure of progressive feeling masquerading as non-thought will accomplish quite a bit.

The hand waving and sophistry employed by prog credentialed morons just isn't going to work this time.

henry

Narc, it is really getting crazy around here. last I heard spending on recalls will be in the $35-40 million range, only $5-7 million from WI but $15 million or so from national unions, and thousands of imported thugs banging on doors for the unions. OFA is fully committed as well.

Tuesday will be interesting. It looks like a toss-up, with Darling (R) v Pasch (D) as the focus of money & effort from both sides. That is a suburban Milwaukee district where campaign finance violations and absentee ballot scams have already been reported. I hope the State Fair racial attacks remind people to vote.

centralcal

A bit of a snort/laugh from Iowahawk

iowahawkblog David Burge
BREAKING VIDEO: Pit crew rolls out Obama bus http://t.co/V9VO0MG

Ignatz

--“Who rates S&P?” he tweeted. “A $2 trillion error and their abysmal failure during the financial crisis – someone should downgrade them.--

I'm kind of surprised almost the whole pushback has been that S&P hates Barry or hates liberals or are incompetent running dog lackies.
I would have assumed the universal meme would have been "see what the Republicans and the Tea Parties hath wrought".
There seems to be a bit of the latter but much, much more of the former.
Anyone else wonder why?

Mark Folkestad

Henry, here in the Twin Cities we are seeing lots of ads for Harsdorf's recall, and a few supporting her. I love the one linking the Dem's name and a hot topic: "Moore taxes".

John Hinderaker over at Powerline Blog posted about the passing of his mother. She seems to have been a magnificent woman. There are quite a few replies to this on his Facebook page, which is now linked to the blog.

Jim,MtnViewCA,USA

It's becoming clear that the Left can't rest until people like us are in camps.
It is intolerable to them that people are allowed to point out the Emperor's lack of clothes.

It is a time to very resolute, yet wary.

henry

Mark, same ad ratio out of Milwaukee. Pasch is running on "save Medicare from Walker", which highlights the left's opinion of it's the intelligence of it's voters. Darling is tying Pasch to her record in the Assembly -- more taxes, bigger deficits, and cuts to school aid.

Barbara

Excellent "Pieces" today, Clarice. The article is filled with so many worthy quotes, but the following description of John Kerry is just lovely writing:

"Add to the irony of rank unscientific dogmatists posing as free thinkers, a huge dose of arrogance, and you get John F . Kerry, intellectual poseur, font of internationalist elitist conventional wisdom and avatar of effete snobbery,..."

I do not believe it has ever been said better.

daddy

A day late and a dollar short, but never too late to say "great Pieces Clarice."

jimmyk

it's Do You Know [Who] I Am on steroids.

I'm racking my brains for literary examples. The only thing I can come up with is the Wizard of Oz: "Silence, whippersnapper!" But at least he shows some humility when he's shown to be a fraud.

MayBee

If President Obama really really wants to raise taxes, why doesn't he make a serious proposal about it, along with having a serious discussion?

He limits his public argument to talking about corporate jet owners and millionaires and billionaires with more money than they need. He twists talk of deductions so it sounds as if people in a higher tax bracket have the unfair advantage of taking deductions at a higher rate than people at a lower rate. He talks about closing "loopholes". He talks about "fairness".

But he never looks in the camera and says, I want to raise x,y,z taxes on specifically these incomes, and it should generate Z revenue. If we raised the same taxes on lower incomes, it would generate y revenue.

MayBee

Ig- both Axelrod and John Kerry were on the talk shows this morning calling this a "tea party downgrade".

Clarice

Why, you ask, MayBee? It's Prezinit Present you are talking about, a man who rode to the White House by never sticking his neck out on anything.

Danube of Thought

We're at Claridge's, JiB. They gave us a suite, of all things; apparently it was unbooked, so they decided to lay it off on a nice elderly couple from SoCal. Having a lovely time.

So who has said what on the Sunday shows?

jimmyk

Ah yes, The Emperor's New Clothes is of course apt.

I'm kind of surprised almost the whole pushback has been that S&P hates Barry or hates liberals or are incompetent running dog lackies.

Perhaps because there's a ring of truth to the charge (at least the "incompetent" part). My view is that they stumbled into the truth on this one.

daddy

Having just watched Gabby Giffords appear on the House floor to cast her vote, did it strike anyone else as obscene to watch Schumer, Boxer, and Steny Hoyer stand up and vocally and specifically damn the Tea Party for "putting a gun to their heads."

Ignatz

--Ig- both Axelrod and John Kerry were on the talk shows this morning calling this a "tea party downgrade".--

Heh. Saw this about the horse faced one making an ass of himself right after I posted my earlier one, Maybee.
So I take it then, Kerry and Axelrod think S&P are the cat's pajamas?

boris

"why doesn't he make a serious proposal about it, along with having a serious discussion?"

JiB and I have an answer you may have missed at 11:42 and 11:53 respectively.

Rick Ballard

Ignatz,

I believe that the script called for S&P to acknowledge that the downgrade threat was a feint - as Moody's did (with Zandi's connivance). The downgrade should have been done upon the presentation and complete rejection of the President's farcical non-budget.

boris

"The Emperor's New Clothes is of course apt"

Somebody here in the not too distant past suggested The Clothes New Emperor would be even more apt. (empty suit for those of us who are mangles metaphor challented)

boris

or typo challenged apparently

narciso

Then again, in light of what the Hill revealed about S&P's political donations,
are they 'really shocked gambling is going on here'

boris
Having just watched Gabby Giffords appear on the House floor to cast her vote, did it strike anyone else as obscene to watch Schumer, Boxer, and Steny Hoyer stand up and vocally and specifically damn the Tea Party for "putting a gun to their heads."
That would have made me sick if I had seen it. So I'm glad I didn't.
narciso

In other news, it seems someone slapped Seif with one of the big LSE textbooks, because the
regime, is 'refudiating' this supposed alliance with certain Islamists in the Western section, It may be happening anyways,
but it's kind of gauche to point it out.

MayBee

Yeah, clarice and boris and jib are right, and I was asking kind of rhetorically.

I keep hearing pundits saying Obama doesn't have a "plan", but I think that is too vague. They should point out what Obama specifically has not done w/r/t being serious about the budget.

Obama's long been like this. He threw rocks at McCain over McCain's position on the GM bailout and the Goldman Sachs bailout, without ever stating his own position. He talked about pulling out of Iraq without wanting to discuss the "parade of horribles" some people said would happen if we did so.

It should be the easiest thing in the world to pin him with the slippery eel tag.

MayBee

Perhaps because there's a ring of truth to the charge (at least the "incompetent" part). My view is that they stumbled into the truth on this one.

Yeah, jimmyk. It seems to me S&P even bungled the part where they meant to explain well why they made the downgrade.

MayBee

People on the right, as well as people like Warren Buffet, begged Obama to tackle the problems with our fundamentals before he went on to Obamacare.

Instead, we got all kinds of stories about how not having universal healthcare had led to the economic downturn, not having universal healthcare put US companies at a global disadvantage, and how healthcare reform would decrease the deficit, and healthcare reform was entitlement reform.

narciso

Will does serve a useful function, as he did
on the Amanpour show

GEORGE WILL: All of the people comparing the Tea Party to suicide bombers, one of whom is Steve here…

AMANPOUR: I don't think he said that, did he?

WILL: Yes.

RATTNER: No.

ROBERTS: Terrorists are suicide bombers.

WILL: I can read you the transcript from the morning show.

RATTNER: I was there. I was there.

WILL: I understand, I was watching.

Read more: http://newsbusters.org/blogs/noel-sheppard/2011/08/07/george-will-takes-former-obama-adminstration-official-calling-tea-par#ixzz1UMipNQ00

Captain Hate

Axelrod and John Kerry were on the talk shows this morning calling this a "tea party downgrade".

We really are blessed with the quality of our enemies. I would imagine Marco Rubio and Sarah Palin are drawing straws to see which one gets the delightful task of deflating the pompous Reporting for Doody. How many times does he have to beclown himself before somebody thinks that having that gasbag be the voice of the party isn't a winning strategy?

Gmax

Warren Buffett is a fraud. How many seconds did it take him to howl when Zero started talking about corporate jet depreciation ? Answer is only a few. The same guy who takes little salary and wants to make a big deal about "I can afford to pay more." Well well well, what do we have here but a big fat Democrat hypocrite.

Ranger

Rick, I agree with the overall goal, but the only way to accomplish actually shrinking government is to get broad buy in from those who imagine bigger government as always in their interests. To that end, the first stage is to take back the state and start using it against them. For example, the next administration should use the Department of Education to establish "best practices in higher education" that demand the reduction of tuition, and the shrinking of university administrations by 50% and a reduciton in tuition by 70%, then cutting off all federal grants and blocking all student loans to schools that don't meet those goals. It isn't until these people start seeing how the power of the state can be used to destory their comfortable positions, that they will help to demolish it.

Buford Gooch

The reason the high ranking Dems are attacking S&P is that they continue to think their tactics of intimidation will work. They aren't trying to intimidate S&P, really, but they are trying to intimidate the other two ratings organizations.

boris

"It isn't until these people start seeing how the power of the state can be used to destory their comfortable positions, that they will help to demolish it"

Nah ... that just strengthens their resolve to take it over and destroy the less government more liberty faction By Any Means Necessary.

There are pathologies where do unto others, positive/negative reinforcement, and tit for tat ...

do not work ...

and that is what we are dealing with.

matt

clarice, a great job as usual! Next thing you know you'll get on the Sunday morning talkies. You've got a better mind than 80% of the yahoos that are paid to spout drivel.

Axelrod was reprising Kevin Bacon(remain calm, all is well) this morning on one of the shows, blaming the Tea Party for the downgrade. He would have made a great cruise director on the Titanic.

as to Emperor's new clothes, AT published my piece this weekend. Spelled the name wrong as usual.LUN to the original post.

Jack is Back!

Remember S&P is only 1 of 3. Moody's and Fitch have yet to be heard from and I expect them to keep their cover and let S&P stand out there and take all the slings and arrows.

The person I feel most sorry for (not) is old Henry Waxman. If the Dem's controlled Congress he would be on S&P like a pig on mud. How dare they downgrade America. Henry being the patriot he is would be trumpeting the cowardly, treasonous nature of rating agencies controlled by, of all things, capitalists.

But the Senate will most likely hold hearings and bring all the CRA's in and have them explain to the American people (between bellicose opening statements of the various and discriminate egos of the Senate) just what the hell S&P did and how are we going to have to regulate this un-patriotic behavior.

Especially, since S&P, to counter the political dismay at their actions, has doubled-down by noting there could be a further diminishment to AA-. Now were talking.

DoT, know the Old Lady well. We usually stay at the Berkeley which is a sister hotel of Claridges and The Connaught. Helene Darroze has now got a restaurant at the Connaught. Her first outside of Paris. Don't know how hard it would be to get a reservation but its not too far a walk from where you are. Concierge at Clairidges should be able to get you in. Well worth the effort since Helene is a superb chef.

Clarice

Matt, that is brilliant.

I especially loved this:

"The swindlers now asked for more money and silk and gold and shares in Exchange Traded Funds, all of which were immediately granted and all of which were immediately laundered. They then continued to weave on empty looms as before and download Latvian folk poetry translated through babelfish and parsed through Lexis/Nexis."

Captain Hate

Focused like a laser on jobs: http://www.dallasblog.com/201108051008311/dallas-blog/amidst-obama-depression-president-plays-golf.html

Janet

This is funny -

Captain Hate

I'm not sure that even Duke & Duke can match this TOP MAN: http://weaselzippers.us/2011/08/07/howard-dean-on-tea-party-republicans-i-think-theyve-been-smoking-some-of-that-tea-not-just-drinking-it/#comment-259418

centralcal

Janet: I am not up on all literary or movie references that I should be. Are those "hobbits?"

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Wilson/Plame