‘We Don’t Have Capitalism’: Glenn Beck, Richard Duncan and Art Laffer Break Down The Economic Crisis
[TheBlaze.com]
- Posted on July 17, 2012 at 9:28pm by
Mytheos Holt
Glenn Beck hosted an unusual show on Tuesday night, devoting large segments of the program not to personal sermonizing, but instead to hearing from two different experts with very different takes on the economy. Those two experts were economists Art Laffer and Richard Duncan, who managed to both take a very pessimistic view of where the economy currently is, while also offering diametrically opposed suggestions for how to improve it.
Broadly speaking, Duncan approached the issue from the Left, while Laffer approached it from the Right. However, those two descriptions don’t actually do the full clash of ideologies justice. Duncan argued that the choice of options for the United States government was threefold, and that policymakers could either 1) Revert to a balanced budget, which would contract the economy all the way into a depression, 2) Keep spending at the current rates and go bankrupt and hit a recession in 5-10 years, or 3) Keep spending at current rates, but use the money to invest in up-and-coming technology, rather than to pay off cronies or create shovel-ready jobs. Duncan favored the third approach, as you’ll see in the following video:
{http://web.gbtv.com/media/video.jsp?content_id=23101059&source=GBTV}
On NBC, Biden Lauds NBC for Moving America Toward Same-Sex Marriage
[CNSNews.com]
Vice President Joe Biden (AP Photo/William Plowman, NBC)(CNSNews.com) – Appearing on NBC on Sunday, Vice President Joe Biden applauded an NBC entertainment program he believes helped change American culture by moving the country toward acceptance of same-sex marriage.
“My measure, David, and I take a look at when things really begin to change, is when the social culture changes,” Biden told NBC’s “Meet the Press” host David Gregory. “I think ‘Will & Grace’ probably did more to educate the American public than almost anything anybody’s ever done so far.”
“Will and Grace” was a sitcom aired by NBC from 1998 through 2006. It featured a main character who was homosexual.
Since 1998, the year “Will & Grace” premiered, voters in 30 states have approved state constitutional amendments banning same-sex marriage. In no state have voters approved a referendum legalizing same-sex marriage.
OBAMA ADMINISTRATION OPENS FBI TRAINING MATERIALS TO U.S. MUSLIM BROTHERHOOD-LINKED GROUPS TO REVIEW MATERIALS USED IN FBI ANTI-TERRORIST TRAINING
[LibertyNewsOnline.com]
April 30, 2012 – JihadWatch.org
Total capitulation. First came the complete purge of all truth-telling about Islam and jihad from FBI training materials, and now this: the complete surrender of oversight over agent training to groups linked to those who wish in their own words to work toward “eliminating and destroying Western civilization from within.” In a sane world, those responsible for this would be removed from office, if not tried for treason.
FBI officials say they are willing to consider a proposal from a coalition of Muslim and interfaith groups to establish a committee of experts to review materials used in FBI anti-terrorism training.
The coalition raised the idea during a Feb 8 meeting with FBI Director Robert Mueller, who met with the groups to discuss pamphlets, videos and other anti-terrorism training materials that critics say are either Islamophobic or factually incorrect.
So apparently material that is “Islamophobic” but factually correct is likewise verboten: in other words, truth and accuracy do not appear to be relevant criteria.
Media Matters enjoyed fundraising surge at start of Obama administration
[FoxNews.com]
Published February 15, 2012
Media Matters — Shown here is Media Matters founder David Brock.
Media Matters enjoyed a surge in fundraising after the start of the Obama administration — nearly doubling its revenues in the first two years of the president’s administration, according to tax returns obtained by The Daily Caller.
The Daily Caller found that Media Matters and its lobbying arm Media Matters Action Network raked in $14.6 million in 2010, compared with $8.1 million in 2009.
The nonprofit organization, whose tax-exempt status has been questioned by several lawmakers curious about its political activities, saw its fundraising on the rise, according to the latest available returns, even though about half of the groups earnings in 2010 came from just 21 donors, including two unidentified contributors who gave more than $1 million apiece.
“Too Crazy To Believe”
[AtlasShrugs.com]
Saturday, December 17, 2011
Of course, under the Obama administration of destruction, nothing is too crazy to believe. This is the poisonous fruit of leftist economic policy. It’s not just Obama who has to got to be kicked out; it’s all of the moochers, looters, and destroyers.
“There is only one standard of justice in the field of economics: the verdict of a free market.” Ayn Rand
We need to get our ideas out into the national dialogue, which is being strangled by the uber-left chokehold on media, academia and culture. We have our work cut out for us. Expose the bastards!
Obama Administration Considered Giving More Money to Solyndra, Emails Show
[TheBlaze.com]
- Posted on October 7, 2011 at 6:57pm by
Tiffany Gabbay
According to hundreds of pages of emails obtained by Fox News, the Obama administration was considering giving an additional $5.4 million to the now-bankrupt solar panel manufacturer Solyndra in late August — just days before the firm filed for Chapter 11, laying off all of its employees.
The emails allegedly reveal that Energy Secretary Steven Chu and his staff were eager to find a way to salvage the distressed company, but officials at the White House, Treasury Department and Office of Management and Budget stepped in, ultimately cutting off additional funding to the company.
Obama Officials Defend Solar Loan to Bankrupt Firm as Emails Show Past Concerns
[FoxNews.com]
Published September 14, 2011
Obama administration officials on Wednesday defended a $528 million loan to a solar-panel company that went bankrupt this month, claiming the firm fell victim to global economic trends but that federal investment in alternative energy must continue.The testimony came as Republican and Democratic lawmakers raised sharp questions about the decision that ultimately left taxpayers on the hook for millions, and as newly released emails show administration officials were raising doubts about the loan proposal to Solyndra months before it was finalized.
Rep. Fred Upton, R-Mich., said the program was “shrouded in secrecy and uncertainty,” questioning whether the loan represented “one bad bet” or the “tip of the iceberg.”
Pelosi Knows the Tea Party Has Its ‘Most Effective Weapon’ Aimed At Her
BigGovernment.com
Glen Templeton \”God Bless Good Old Boys\”
Harvard Professor V.O. Key, Jr stated in his seminal work, “The Responsible Electorate”: “The most effective weapon of popular control in a democratic system is the capacity to throw a party from power.” That weapon is aimed at San Francisco liberal Nancy Pelosi and her cohorts who hijacked the peoples’ House.
There has been much said about the Tea Party blaming its views on right wing talk show hosts and political pundits. Many believe the Tea Party was formed by a Democratic Party and Administrations false conclusion that their success in the 2008 election was a vindication of their beliefs, the swing of the electorate response to the campaign positions taken, an indication of the intuitive mood of the people and, finally, as the respect it represents by an intelligent electorate.
Key concluded: “This narcissistic approach assumes it’s most repulsive form among election winners who have championed intolerance, who have stirred the passions and hatreds of people, or who have advocated causes known by decent men to be outrageous or dangerous in their long run circumstances.” The great Presidential scholar Richard Neustadt called it the pivotal nature of character to Presidential performance and James Barber of Duke University enhanced it with his classic book “Presidential Character”. They both concluded that it was character more than policy that determines Presidential performance.
Exclusive: Jobs ‘Saved or Created’ in Congressional Districts That Don’t Exist
Human Error Blamed for Crediting New
Stimulus Jobs to Nonexistent Places
Here’s a stimulus success story: In Arizona’s 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that’s what the Web site set up by the Obama administration to track the $787 billion stimulus says.
There’s one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts.
And ABC News has found many more entries for projects like this in places that are incorrectly identified.
Late Monday, officials with the Recovery Board created to track the stimulus spending, said the mistakes in crediting nonexistent congressional districts were caused by human error.
“We report what the recipients submit to us,” said Ed Pound, Communications Director for the Board.
Pound told ABC News the board receives declarations from the recipients – state governments, federal agencies and universities – of stimulus money about what program is being funded.
“Some recipients clearly don’t know what congressional district they live in, so they appear to be just throwing in any number. We expected all along that recipients would make mistakes on their congressional districts, on jobs numbers, on award amounts, and so on. Human beings make mistakes,” Pound said.
The issue has raised hackles on Capitol Hill.
Rep. David Obey, D-Wisc, who chairs the powerful House appropriations Committee, issued a paper statement demanding that the recovery.gov Web site be updated.
“The inaccuracies on recovery.gov that have come to light are outrageous and the Administration owes itself, the Congress, and every American a commitment to work night and day to correct the ludicrous mistakes.”
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