Archive for the ‘Obama predictions’ Category
The auto bailout money will not be repaid
Tuesday, December 15th, 2009And there will be more of it. Probably multiple times. Until the automotive industry is a de facto arm of the Imperial Federal Government. If you think this is not an explicit goal of the Obama regime, leave your address in the comments so I can mail you a tall, ...
Robert Fisk: Obama is a disaster
Tuesday, December 15th, 2009British Middle East correspondent Robert Fisk says Obama's foreign policy is a disaster potentially worse than Bush's, and that it is incomprehensible why Obama has taken on the Afghan war with such enthusiasm. I think it's safe to say that the libertarian community in general predicted his continuation of neoconservative, ...
Fish in a barrel 2
Thursday, September 17th, 2009California tax officials: legal pot would bring $1.4B. No, you still don't quite seem to get it. If it is TAXED and REGULATED, both of which are restrictions or extortions backed with explicit threats of murder, then by definition it is NOT LEGAL. You mean, "Legal except only in the ...
Obama’s speech about socialized medicine
Thursday, September 10th, 2009I didn't watch the Savior of America's speech to Congress about further socializing our health care and insurance industry because I already knew everything he was going to say. Why would I waste my time with it? He probably said our health care system is broken, that it's too costly ...
GM’s bankruptcy and government control/ownership
Monday, July 13th, 2009I also liked this post from the Coyote Blag: Though it [General Motors] was able to shed some plants and employees, it will have most of the same stifling work rules on the shop floor. It did, however, manage to shed a lot of interest payments to creditors who ...
Obama’s impossible healthcare reform promises
Saturday, June 20th, 2009Another excellent column by Sheldon Richman. He quotes Obama: If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what. Then Richman ...
Fish in a barrel
Friday, June 19th, 2009Here are a few issues or news stories that I've come across recently that I could offer easy and obvious solutions or objections to, or that libertarianism has already provided an easy and obvious answer to: Philip Morris supports new FDA regulations on cigarettes. Why, when they've opposed previous interventions in ...
Obama’s next terrible idea: Cyber Czar
Sunday, May 31st, 2009There is no possible way this can end well. Obama continues to reveal his true authoritarian colors for all to see with his announcement of a new cyber security office to be headed by a "Cyber Czar". Like everything else the government touches, this will be bad for everyone involved ...
Obama stimulus plan provides bubble for green jobs
Thursday, May 7th, 2009MSNBC reports, "Stimulus plan provides boost to green jobs" and Obama's "green adviser" has said, "Everyone is predicting growth in this sector." See? It's happening! The green bubble is expanding! The Imperial Federal Government is diverting resources from one bubble and pushing them into another. The Obama regime thinks it can ...
Obama starts inflating the auto bubble
Saturday, April 11th, 2009I don't believe it. Well, of course I do, because I predicted it: The Obama regime has begun inflating the automotive bubble by purchasing 17,600 "green" automobiles from GM, Ford, and Chrysler as part of its counterproductive $787 billion stimulus plan. It will spend $285 million on the automobiles by ...
The next two bubbles
Wednesday, April 1st, 2009Based on the Obama regime's policies, both implemented and proposed, I think there is good reason to expect the American economy to experience unsustainable bubbles in the automotive industry and the "green" technology fields. There is ample reason to believe neither one is justified in receiving as much investment or ...
Misconceptions about credit and borrowing
Wednesday, March 4th, 2009Democratic politicians and bureaucrats, supporters of Obama's stimulus spending and potential financial-sector interventions, and believers in Keynesian socialism in general are quite adamant about "getting credit flowing again" and easing the pain of businesses by getting people to buy more stuff. I'm starting to think a lot of their misconceptions ...
Saving is good, not bad, for American economy
Sunday, February 1st, 2009I was pretty angered by this Associated Press article, Americans save just when economy needs their money, by Martin Crutsinger. The very reason that Western economies, especially the U.S.'s, have experienced bubbles that have burst and left many people with dying businesses, foreclosed homes, no jobs, and insufficient savings ...
Troubled assets explained
Saturday, January 31st, 2009Uncharacteristically, I already understood this banking and finance term on my own through reading and hearing about them, but John Carney gives a good explanation of what "troubled asset" means. More important is why it is a terrible idea for the government to buy them or guarantee them; far from ...
Ignorance is not bliss
Thursday, January 22nd, 2009On Kelly's Facebook page, he predicted that Guantanamo Bay prison would still be open 6 months from now and we'd still have a significant presence in Iraq 1 year from now. His Obama maniac friend responded: Come on, Kelly, can't you be optimistic about anything relating to the Obama presidency? ...
Obama’s nationalism and socialism
Wednesday, January 21st, 2009Partly because I like quotations so much and partly because I haven't perused many blags recently, my favorite blag post of the last several days was this one by Michael Rozeff. He compares the unifying, nationalistic theme of Obama's four-year presidential campaign to the ideas and slogans of the Nazis. ...
Their lips are moving
Saturday, December 27th, 2008Here at home at my parents' house, I pay much more attention (i.e., a non-zero amount) to newspapers than I do back home in my apartment. A couple days ago, I noticed on the front page of the Atlanta Journal-Constitution two items about the nascent Obama administration. First, Joe Biden ...
Of course, Rahm Emanuel secretly negotiated with Blagojevich
Wednesday, December 17th, 2008The fact that Rahm Emanuel is a belligerent warmonger hasn't noticeably stirred up very much unrest among Obama maniacs. Neither has his...shall we say, vicious and vindictive personality. In fact, a lot of people lauded Obama's choice for his chief of staff precisely because of Emanuel's uncompromising and dictatorial attitude ...
Barack Obama: window breaker extraordinaire 2
Sunday, December 7th, 2008From an Associated Press article: President-elect Barack Obama said Saturday that he wants to revive the economy and create jobs by upgrading roads, schools and energy efficiency in a public-works program whose scale has been unseen since construction of the interstate highway system in the 1950s. He offered no price estimate for ...
Algore for Secretary of Energy?
Sunday, November 16th, 2008One of George W. Bush's most derided and publicized shortcomings was all the terrible nominations and appointments he made for various governmental positions: Paul Wolfowitz as President of the World Bank, Harriet "Palpatine" Miers for Supreme Court justice, John Ashcroft as Attorney General, Alberto Gonzalez as Attorney General, John Bolton ...
Peter Schiff’s predictions about Obama’s economy
Thursday, November 13th, 2008Peter Schiff needs a blag. Well, he has one, sort of; he publishes weekly commentaries at his website. I can't link to any of them, though, because they don't have URLs of their own. In his most recent one, "The Reagan Counterrevolution," he compares the relatively government-reducing ideology that won ...
Sarah Palin: same old neoconservatism cost them election
Tuesday, November 11th, 2008From an article at Politico.com, reporting on an interview that appeared in the Anchorage Daily News, we learn that Sarah Palin blames her and McCain's defeat on the fact that their campaign represented the "status quo" and that the people wanted change—anything different from the Bush regime—and the McCain/Palin ticket ...
Oh, but it isn’t a draft
Saturday, November 8th, 2008I've become quite fixated on two themes of our current political-economic climate in the last two or three months, since the recession seemed to be accelerating and a Democratic sweep on election day seemed nearly certain: making correct economic predictions and explanations (which the Austrians seemed to do pretty well) ...