HALF-FULL REPORT 05/18/12
The news is getting so unrelentingly good it's making me nervous. Might as well revel in the good stuff before we talk about why. Tuesday (5/15) was Sarah Palin Day in Nebraska. Actually, it was Deb Fischer's day, thanks to Sarah who had endorsed her US Senate candidacy just a week before. She was an unknown underfinanced state senator given no chance to beat two prominent statewide officials, one of whom was the darling of the GOP establishment. Then Mama Grizzly showed up... The news is even more enjoyable in Wisconsin, where the public unionistas and local Dems are spitting mad over the DNC (Dem national committee) refusing to waste a dime on the Walker recall.... For a really good time, though, we go to North Carolina, where an incredible litany of woes for President Evolve is erupting.... Then there's President Amateur, President Born In Kenya, and, oh, yes, President PW....
WILL WE BE FORCED TO FEED THE STARVING CALIFORNIANS?
Britain's former Chancellor of the Exchequer (like our Treasury Secretary), Alastair Darling, has gotten a lot of UK press recently for claiming that if Greece doesn't get its bailout money and its economy collapses, countless billions will have to be sent there anyway in order to "save starving Greeks." We think that America is in deep debt kimchee because we're $15 trillion in the hole. Since there's some 300 million of us, that's a per-person debt of $50K. The total debt hole of Greece owed to foreign banks and governments is $550 billion - and there's little more than 11 million Greeks. Same as us, $50K per Greek. And dolts like Darling see the only solution is to keep pouring increasingly worthless euros into the bottomless Greek abyss. The typical Greek attitude regarding this is epitomized by a retiree in Athens being interviewed by German television. "How old are you?" he was asked. "56." "And what does your pension pay you?" "I'm guaranteed 80% of my final salary for life." When told that most Germans would object to this, he exploded in indignation. "What?! Do you expect us Greeks to live like Germans??" Reminds me of folks in California.
THE LEFT’S SEVEN TRAGIC TERROR LIES
If they did not put our troops, our citizens and our country at risk, the Left's fantastic lies about terror and terrorists would be hilarious. The problem, of course, is that many of our national leaders have been brainwashed with the same slogans. The Left has mastered another technique dictators forged long ago: Repeat a lie often enough and it will be taken as truth. And, of course, our media play along. So let's give the slogan-hucksters a brief time-out and dissect just seven of their favorite lines: One: Killing terrorists only turns them into martyrs. Nope. Killing terrorists turns them into dead terrorists.
ISRAEL’S OCTOBER SURPRISE
Israeli Prime Minister Benjamin "Bibi" Netanyahu has engineered a remarkable political success. It could mean war before the leaves turn color. For Americans and for Sunni Arab Moslems, Iran's pursuit of nuclear weapons is a very dangerous, very urgent problem. For Israelis, it means the gas chambers are warmed up and the Gestapo is pounding on the door. The mullahs have made it clear what they intend to do with nukes once they get them. Barack Hussein Obama's inaction indicates he won't do anything meaningful to keep the Iranians from getting the bomb. So Israel must.
WHEN WILL DEMOCRATS APOLOGIZE FOR THEIR MISMANAGEMENT?
Last week, Jamie Dimon, CEO of the nation's largest bank, JPMorgan Chase, revealed that the bank had made a $2 billion-plus trading mistake. The bank has more than $2 trillion in assets and made a profit of about $20 billion last year. So it lost one-tenth of 1 percent of its assets and about 10 percent of its income for last year. No big deal, despite all the hand-wringing of the political and media class. Predictably, Sen. Carl Levin, Michigan Democrat and arguably the most irresponsible member of Congress, immediately issued a press release calling for more bank regulation. Congress has the oversight responsibility for the U.S. government, in much the same way a corporate board has the oversight responsibility for a corporation. Mr. Levin has the responsibility (along with his colleagues) to make sure taxpayer dollars are spent wisely and not wasted or stolen. Medicare, for example, spends more than $500 billion annually. Sen. Tom Coburn, Oklahoma Republican (and medical doctor), who, unlike Mr. Levin, tries to be fiscally responsible, estimates that about 20 percent, or $100 billion, of Medicare spending is fraudulent. Yet Mr. Levin and many of his colleagues prefer to spend their time bashing private businesses rather than protecting the taxpayer, which is their responsibility.
FROM FIRST TO LAST
It was the teachings of Jesus Christ which caused him to support gay marriage, The First Gay President told ABC's Robin Roberts last Wednesday (5/9). The president's decision was forced by Vice President Joe Biden's endorsement of gay marriage the preceding Sunday, White House aides told journalists. Rarely is Mr. Biden confused with Jesus Christ. "My religious faith dictates marriage is between a man and a woman," Mr. Obama had said when he ran for the U.S. Senate in 2004. Mr. Obama's "evolution" is a charade, wrote David Plotz in Slate. As a candidate for the state senate in 1996, he signed a statement that said: "I favor legalizing same sex marriages, and would fight efforts to prohibit such marriages," Mr. Plotz noted.
A LIVING LAWYER JOKE
How many lawyer jokes are there? Only three. The rest are true stories. I used to think this was just another lawyer joke. But now we are watching the classics of this genre come to life in the spectacular meltdown of New York law firm Dewey & Leboeuf. For this is a true story. "Size, in and of itself, gives you greater flexibility in key markets," Dewey & LeBoeuf's former chairman Steve Davis boasted in 2008. "You're taken more seriously when you have 500, 600 attorneys in New York." Yes, and what do lawyers and bullfrogs have in common? Both have a big head that consists mainly of mouth. Mr. Davis had just completed a merger, creating a financial mess of 1,300 overpaid attorneys in a dozen countries. He did this just before one of the worst financial downturns in history. What can you say about 1,300 lawyers buried up to their necks in cement? Not enough cement.
HALF-FULL REPORT 05/11/12
It's early morning, but I know it's going to be a long day - and a fun one. How so much cool stuff can get crammed into a single week, and how I can concisely fit it all into this HFR, is bewildering. Sit back and enjoy. Off we go. This was a baaaaaaad-to-the-bone week for Zero and the Dems. May 8th was Black Tuesday for them, simply disastrous. In Wisconsin, the desperate last gasp of the public unions to keep their gravy train rolling went right off the rails. Gov. Scott Walker, whom they are rabidly trying to recall, got more votes in his primary than the two main Dems got in theirs combined. In West Virginia, Zero lost 42% of the vote in the Democrat Presidential Primary to a fellow named Keith Judd. Keith is not from West Virginia. He currently lives in Texas, where he resides at the Texarkana Federal Prison as Inmate 11593-051. In Judd's bio on VoteSmart, he lists his religion as "Rastafarian-Christian," and his mother as actress Lillian Russell, who died in 1922. He was born in 1958. Obviously, no West Virginian voted for this weirdo, they voted against Zero. Why? Because they hate his guts. Zero is destroying their state with his religious war against coal. Something this absurd is more than a humiliating joke upon President Gutsy Call. It's a portent. Tens of millions of Americans in every state are West Virginians now. They hate Zero's guts for what he has done to their country and what he has done to their lives and livelihoods. They would vote for Keith Judd, Mickey Mouse, or a Yellow Dog before voting for him.
BREITBART’S RED MURDER
[Note: this is a collaboration between me and Dagny D'Anconia. I am indebted to her for much of this -- JW] On February 9, 2012, in Washington DC, Andrew Breitbart told Sinclair News, "Wait ‘til they see what happens on March 1st." Yet, instead of the release of what he predicted would be "damning" evidence of Obama perfidy, what happened on March 1st was a horribly unexpected tragedy: Andrew Breitbart suddenly died. He was 43. The Coroner of Los Angeles County states he died of natural causes, specifically heart failure. Did he? A lot of people don't think so - especially when a coroner who participated in Mr. Breitbart's autopsy, Michael Cormier, died of arsenic poisoning on the very day the Coroner's Report was released (April 20). Conspiracy theorists had a field day - but it was all suspicion with no specifics. Until now. What you are about to read is going to completely blow you away. Here is how Andrew Breitbart could have been easily murdered, and who could have murdered him.
THE MOST CONTEMPTIBLE ATTORNEY GENERAL IN US HISTORY
The chairman of the House Oversight Committee wants to find out who knew what when about the Gunwalker/Fast & Furious scandal, and if it had a purpose other than the one we've been told. But the Justice Department is stonewalling his requests -- and two subpoenas -- for documents. In more than a year, Justice has supplied only a handful of documents in just 10 of the 22 categories requested. So Rep. Darrell Issa, R-CA, is preparing to cite Attorney General Eric Holder for contempt of Congress. Never has a contempt citation been more justified.