... while suggesting that Hillary has plenty to spare
From Politico:
Speaking to reporters Thursday, Democratic strategist James Carville dropped this one-liner: "If Hillary gave up one of her balls and gave it to Obama, he’d have two."
The quote was first noted by Tribune reporter Mike Memoli on his Twitter account.
Mark Stein on Rush Limbaugh's show moments ago reported that Obama was quick to suggest that no one would be touching his junk if he had any say in the matter though that's yet to be confirmed.
Neither can we confirm that Bill Clinton was quick to volunteer his junk for touching by any and all suitors.
SOURCE. (See the original for links)
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What is Barack Obama?
Is Barack Obama a socialist? A Muslim? Anti-American? Pro-Palestinian? Or just a man who is right sometimes and wrong most of the time? Bill O'Reilly opts for the second option in his new book, "Pinheads and Patriots."
Bill rigorously focuses on what President Obama does, not on who he is. He refuses to speculate about motivation, preferring instead the more solid ground of observing and frequently condemning his policies. The whole is never larger than the sum of its parts in O'Reilly's book. In fact, they're not really added up at all.
In a world fraught with invective, Bill focuses instead on programs, statistics and facts. Abjuring adjectives, he speaks only in nouns and verbs. This style is refreshing in the world of national politics where any conservative is a "sellout" and any liberal a "socialist." He takes Obama's patriotic motivation for granted and proceeds to dissect his policies with precision and incisive commentary.
But, somehow, the mind still gropes with the central question about Barack Obama: Who is he? As one reads his book, you have to wonder whether Obama is mistaken or malign. Is he simplistic or socialist? An idiot or an ideologue?
As you study President Obama, you keep coming back to these basic questions. Did he really think that his stimulus spending would end the recession despite the failure of the George W. Bush stimulus of 2008 and the Japanese Lost Decade of similar economic policies? Or did he want to expand the public sector at all costs and seized this opportunity to do so?
Did he ever really believe he could lower health care costs through his legislation, or was he just saying that to socialize medicine in America? Does he truly think he can win hearts and minds in the Islamic world, or is he just anti-Israel? Is he overly concerned with the details of his version of our civil liberties, or is he not mindful of the jeopardy we face?
Because he inherently does not believe he can judge motivation, especially at a distance, O'Reilly presumes the best about the president's motivations and just criticizes his policies. He questions Obama's judgment, but never his good faith. He lambasts the president's management style, but never his core beliefs.
But then he does not take the inevitable next step and call into sharper question the man's intellect and ability. After all, the alternative explanation -- that he's dumb -- lacks credibility. Barack Obama pulled off one of the major political miracles of our time. He swept into the presidency after only four years as a U.S. senator -- two, really, since he campaigned the other two. He upended the major political machine in the Democratic Party to get the nomination and outmaneuvered the Republican attack armies to win in November. And he swept into office a record number of Democratic acolytes. Such achievements do not stem from stupidity.
And, until he was brought up short in the 2010 elections, he was well on his way to transforming our nation. He had dug us into so large a pit of debt that new taxes seemed inevitable. His health care program had taken over one-sixth of the economy, and his big spending had increased the public sector share of our economy from 35 percent to 45 percent in just two years. The intellect behind these accomplishments must be staggering. But, if so, the mendacity must be, as well.
O'Reilly's critique of Obama is one of the sharpest and most well argued ever written. But, somehow, it still begs the basic question: Is Obama on our side after all?
SOURCE
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The party of evil -- and stupid?
First, House Democrats re-elected Nancy Pelosi to be their minority leader after historic-level losses. It's like promoting Custer had he survived Little Big Horn. I'm sure there's a strategy in there somewhere.
Now, the far-left is pushing President Obama to go into unconstitutional overdrive abusing Article II executive power through use of executive orders and regulations to create policy that is the constitutional prerogative of Congress.
Did anyone tell the far left about this Tea Party thing, which is creating an unprecedented, renewed concentration on the limits of constitutional authority?
Coming after the left was relentless in claiming that President George W. Bush abused Article II executive power, the Obama administration's earlier aggrandizement of power, such as creating Government Motors, and more recently, the TSA's new invasive airport screening angering everyone -- and which even the ACLU opposes -- we can only conclude that the Democratic Party has a political death wish.
The old line is that Democrats are the party of evil, and Republicans the party of stupid. Democrats appear to be poised to overtake Republicans as the party of stupid.
SOURCE
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America's Economy Can’t Afford More GM “Success” Stories
Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling their GM stock at the IPO price, the U.S. taxpayer will lose $10 billion on the deal, and that does not include the loans GM still owes, cash for clunkers, the Chevy Volt subsidies, or the millions of unseen costs the unprecedented intervention has inflicted on our economy.
No matter what you hear from the President’s defenders, always remember that it did not have to be this way. As late as April 30, GM’s bondholders were willing to take a 58 percent equity stake in the company in exchange for canceling their $27 billion in unsecured GM bonds. But under their deal, the federal government would have had no control over this new company, while the United Auto Workers union would have received a minority share of the company and the taxpayers would have been protected as a secured creditor. An even better outcome would have been for the federal government not to have supplied taxpayer cash at all and let all creditors take their lumps from an unbiased bankruptcy judge. But President Obama just couldn’t keep his government out of it.
So he publicly bullied the GM bondholders into accepting a much worse deal. Under the White House plan, the federal government was awarded a 60 percent stake of GM, the Canadian government got 12.5 percent, and GM’s unions got 17.5 percent while the bondholders walked away with just 10 percent. Defenders of the bailout say all this was worthwhile because the effects of a failure of GM would have been catastrophic. But that ignores both the deal the bondholders first offered the unions and the possibility of an expedited—but non-political—bankruptcy proceeding.
Before this week, taxpayers put $49.5 billion into GM and held a majority stake in the company. The IPO allowed the Treasury to sell about a quarter of this at $33 per share, raising $13.6 billion. That leaves taxpayers, post-IPO, with $35.9 billion “invested” and about a 37 percent stake in the company. At $33 per share, that leaves taxpayers still almost $10 billion in the hole. The shares would have to jump to $51 for taxpayers to break even, a price level considered by most analysts to be unlikely.
But perhaps the biggest danger of all is the prospect of the GM “success” being used to justify future bailouts of other firms. That would be the true catastrophe. As George Mason University economist Don Boudreaux wrote:
The chief economic case against the bailout was not that huge infusions of taxpayer funds and special exemptions from bankruptcy rules could not make G.M. and Chrysler profitable. Of course they could. Instead, the heart of the case against the bailout is that it saps the life-blood of entrepreneurial capitalism. The bailout reinforces the debilitating precedent of protecting firms deemed “too big to fail.” Capital and other resources are thus kept glued by politics to familiar lines of production, thus impeding entrepreneurial initiative that would have otherwise redeployed these resources into newer, more-dynamic, and more productive industries. The “success” of the bailout is all too easy to engineer and to see. The cost of the bailout—the industries, the jobs, and the outputs that are never created—is impossible to see, but nevertheless real.
The legal and political chicanery used by the White House to produce the GM “success” story is also exactly why the United States fell from the ranks of the economically “free,” as measured by The Heritage Foundation’s Index of Economic Freedom this year. From Fannie Mae to Freddie Mac, from GM to Chrysler, from AIG to Citibank, our government continues to subvert the established rule of law. This lawlessness creates uncertainty in the business environment, and it is a huge reason why our economy is not recovering as it should be.
SOURCE
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Attacking “The Wealthy” is an attack on employers
Great way to create jobs!
All eyes are back on Congress as the lame duck session continues. One topic on everyone’s mind: extending the Bush tax cuts. In fact, the showdown over the cuts is likely to be one of the biggest policy fights of President Obama’s term to date.
For months, the Administration officials said they would only accept an extension for the middle class, and fully intended to raise rates on “the wealthy” (defined as those making over $250,000 per year). So who are “the wealthy,” exactly? In many cases, the “wealthy” are small businesses.
Given that many small businesses aren’t structured as formal corporations, their owners file as individual taxpayers – meaning they are subject to increases in the income tax rate. According to the Internal Revenue Service’s 2008 Statistics of Income Data, there are 30 million small business owners in the country – 22 million sole proprietors, and 8 million partnerships and S-corporations. Ryan Ellis, director of tax policy at Americans for Tax Reform, estimates that two-thirds of small business profits face tax rate hikes under the White House’s plan.
Those successful small businesses – the ones with profits – are the ones who hire workers. They are the ones who purchase goods and services from other companies. These are the people who will be hit with tax increases. In an increasingly interconnected economy, it is impossible to penalize the few without injuring many. Pillaging these businesses' profits will mean less expansion, fewer jobs, and diminished output and will decrease incentives to be successful.
More HERE
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Parker's Sad Envy of Sarah Palin
Embarrassingly for CNN host and liberal commentator Kathleen Parker, not only does she suffer from a severe case of SPDS (Sarah Palin Derangement Syndrome), but -- like a smitten tween trying to emulate her favorite actress in the Twilight series -- obvious envy and jealousy have prompted her to try and steal Palin's look based on the leather jackets Parker has been sporting of late on the air.
It's been asked numerous times by now, but what is it about Palin that sends wealthy, pampered, and elitist women like Parker and Maureen Dowd over the edge? Could it be something as simple as guilt? As in Parker and Dowd know full-well that they were in part -- very much like the Barack Obama they adore -- handed their status and title by the dictates of political correctness and affirmative action. Is that the truth which so enrages Parker and Dowd? That they were picked as columnists and commentators, not fully because of qualifications and experience, but because some white male editors needed to fill the "woman" space?
Before the predictable liberal attacks descend upon me, read what Parker herself once said on this very subject: "The way the market is set up, there has to be a left, there has to be a right, there has to be a conservative, there has to be a liberal, there has to be a man, a woman, a black, an Asian..." Whoops. There have to be token hires.
Okay. We may be on to something here. Next, is it possible that Parker and Dowd have this irrational dislike of Palin because she earned her place in politics? That in the male dominated state and political system of Alaska, Palin out-worked and out-smarted the entrenched and oftentimes corrupt old boys club to make herself a mayor and finally the governor of the state. Is that also what so bothers Parker and Dowd? That neither a white male editor nor the corrosive tenets of political correctness handed the titles unearned to Palin?
From my conservative, knuckle-dragging perspective, Palin, Parker, and Dowd are three very attractive women. That said, my very attractive wife (it's true, but best I mention so I don't have to sleep on the sofa) tells me that no one is more critical of an attractive woman than other attractive women. If that bit of psycho-babble is true, then that might account for another piece of Ms. Parker's and Ms. Dowd's mysterious "We Hate Sarah Palin Because..." puzzle.
While Kathleen Parker, Maureen Dowd and other politically correct creations may indeed be having trouble with the realization that they were hired, promoted, or syndicated to fill a token slot, that's really no reason to take it out on Sarah Palin. And yet, here we are. Again, and again, and again. Sad.
SOURCE
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ELSEWHERE
Attention, Catholics: Given to ACORN lately? "You probably think you've never given money to ACORN and its allies. But if you're contributing to the annual November Catholic Campaign for Human Development (CCHD) appeal of the Catholic bishops, you're doing just that. This weekend, the U.S. Conference of Catholic Bishops asks Catholics across the United States to contribute to the CCHD. Until just two years ago, much of this money collected by the bishops' appeal was funneled directly to ACORN. Scandals have forced the bishops to stop funding ACORN directly, but they still fund other groups closely tied to ACORN - groups that have the same aims and that use the same methods to promote a left-wing, extremist agenda."
Rangel Off the Hook, Rule of Law Off the Table: "On November 16th, the House ethics panel declared Representative Charlie Rangel guilty of 11 out of 13 counts of corruption. Rangel used a rent-stabilized apartment for campaign activities, failed to pay taxes on rental property in the Dominican Republic, and improperly used congressional letterhead to raise funds for a City University center to be built in his name. These were not small infractions. So, what did Rangel get? On November 18th, the panel recommended the House sentence him — to a censure. What’s that? It’s a lot like a reprimand, but according to a Congressional Research Service report, also “will generally involve a verbal admonition" ... That’ll show him."
My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)
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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)
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