Hate By Any Other Name
The LA Times covers the mass protests against the passage of Proposition 8, which amends the California constitution and clarifies that marriage is restricted to one man and one woman. Set aside the fact that African Americans were the most overwhelmingly pro-Prop 8 voters, or that some may have supported the measure simply because they were offended at gay marriage being imposed through a one-vote margin by California Supreme Court judicial fiat.
What's worth noting is that since the proposition passed, some of its opponents have behaved in a way that would be universally condemned if, say, conservatives had behaved in the same manner about Obama's victory. Most appalling, here is video of a cross being ripped out of an elderly woman's hand and being trampled upon.
Just asking: Where is the ACLU, and where are all the hate crimes advocates? Surely if a Christian had stomped on a symbol of gay pride, there would be you-know-what to pay. What makes it all right for gay activists to stamp on the most sacred symbol of the Christian faith?
It strikes me that different standards of behavior are expected from Americans depending on their political persuasion. Acts that would be characterized as unacceptable and hateful if employed by conservatives are treated as an acceptable expression of legitimate grievance when committed by the left.
Hank Paulson, Naked Emperor
The urgent necessity of a few weeks ago is now useless, we hear
Treasury Secretary Hank Paulson finally confirmed what lonely bailout opponents tried to tell the American public all along: The man doesn't know what the hell he's doing.
Paulson held a bazooka to taxpayers' heads. He groveled on his knees in front of Democratic House Speaker Nancy Pelosi. He lured leaders from both political parties into linking arms in a panicked Chicken Little line dance for the beleaguered mortgage industry. Paulson demanded an unprecedented $700 billion Troubled Asset Relief Program (TARP) for the good of the country. For the health of the housing market. For the survival of the economy. No time for deliberation. No time to review the failures of such interventionist approaches around the world. Now, now, now!
And now? The pulled-out-of-the-posterior "$700 billion" price tag has ballooned into the trillions. The "mortgage industry rescue" has expanded to banks, insurance companies, automakers, credit card companies and possibly the entire national volume of consumer lending. Oh, and that vaunted "TARP" component, Paulson admitted this week, is nothing but a four-letter word that rhymes with TRAP.
In September, Paulson offered his lofty pledge: "The ultimate taxpayer protection will be the stability this troubled asset relief program provides to our financial system, even as it will involve a significant investment of taxpayer dollars. I am convinced that this bold approach will cost American families far less than the alternative -- a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion."
Two months later, Paulson's conviction melted faster than microwaved butter. "Our assessment at this time is that this is not the most effective way to use TARP funds," he sheepishly told the nation Wednesday.....
Wielding his enormous authority, Paulson is desperately throwing our money at banks in a futile attempt to convince them to lend. Instead, those banks are either hoarding the cash or acquiring more assets. In other words: Paulson is helping the banks that were "too big to fail" grow even bigger with taxpayer backing. Swell.
Hank Paulson is not to be trusted. I repeat: This is the man who proclaimed the subprime crisis "largely contained" in April 2007; "near the bottom" in May 2007; and "largely contained" again in August 2007. This is the man who pledged that he had "no interest in bailing out lenders or property speculators" in October 2007 and couldn't "think of any situation where the backdrop of the global economy was as healthy as it is today."
This is the man who patted himself on the back for refusing to "put taxpayer money on the line" to rescue Lehman Brothers on Sept. 15 -- and then turned around the next day and engineered the $85 billion taxpayer-funded bailout of AIG. This is the man who vowed he had "no plans to insert money" into Fannie Mae and Freddie Mac -- and then turned around and committed $200 billion in capital and credit lines to those corrupt, bloated, crumbling institutions.
Emperor Paulson's bipartisan courtiers in Congress berated anyone who dared challenge his wisdom. Minority Leader John Boehner sniffed: "This is no time for ideological purity." Well, ideological pollution begat this mess. It's time for a fiscal-conservative counterinsurgency to disrobe and disarm the charlatans before they do more harm.
Brookes News Update
Obama's New Deal v. the US economy: Just as I predicted, the US economy is in another recession. And what does Team Obama intend to do about it? The same things that Roosevelt did. And informed people know just how well that worked. The man will be an economic disaster if he implements his economic program
Why Keynes is not the answer to the financial crisis: We find it extraordinary to suggest that Keynes' ideas are now coming back to save the world. Keynesian ideas have never left the rooms of government and central bank decision makers. The essence of the thinking of the most influential economists was and still is Keynesian
Recession is already here - and has been for months: The economy started to slide into recession months ago. Yet the economic commentariat is still blaming the financial crisis. So what really happened and how is it to be dealt with?
Obama's wheelbarrow economics: Obama's primitive economics. The Messiah is seriously considering creating millions of new jobs by destroying capital, despite the fact that it is capital that raises real wages. That anyone about to occupy the Oval Office should give this garbage more than a moment's thought should beggar belief
The tide is finally turning against global warming cultists: All over the western world, the penny is dropping. People are coming to realise that "global warming" is a phony crisis. More slowly they are learning that the misguided policies being promoted to change future climate will create real crises in energy and food supplies and costs
Obama to shut down talkback radio? The right To remain silent: Obama's thugocracy is already moving to destroy conservative talkback radio. No doubt they will have the full support of America's viciously corrupt 'mainstream media', not to mention a horde of leftwing foreign 'journalists'
Miracles of the Obamaic faith: What Obama says does not make sense. His speeches, when not totally devoid of content, unceremoniously contradict themselves - and that is exactly why they work so well. Their content has no importance at all
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)