Obama is becoming a terrible bore. h/t, Viking
Judd Gregg: America headed for bankruptcy. Not a joke. At NRO, the Obama admin is trying what Hoover tried.
Related: Newsman asks Obama if he is punch-drunk. Here's the transcript. Good grief.
Goldman didn't want their $13 billion. They had hedged against AIG already. Those guys are not paid their bonuses for being stupid.
Via Insty:
...the New York Daily News editorializes: Congressional Democrats’ bonus witch hunt will sink N.Y. “The tax plan approved by the House as revenge against a handful of obscenely greedy AIG executives would slam tens of thousands in the financial industry, many of them New Yorkers, who have nothing to do with AIG or any other wrongdoing. And that would be just start of the collateral damage. The levies are so draconian that major banks that took bailout money are threatening to give it back - defeating the purpose of jump-starting the economy with an influx of cash.”
The Tea Party in CT was 7 times larger than the ACORN busload of (probably paid)protesters from Hartford. Who got the MSM coverage?
From David Warren at RCP, on why Obama is in trouble:
As I mentioned during the presidential campaign, Mr. Obama was seriously unqualified for the job of president. He had no practical experience in running anything, except political campaigns; but worse, his background was one-dimensional.
All his life, from childhood through university through "community organizing" and Chicago wardheel politics, through Sunday mornings listening to the Rev. Jeremiah Wright, to the left side of Democrat caucuses in Springfield and Washington, he has been surrounded almost exclusively by extremely liberal people, and moreover, by people who are quick and clever but intellectually narrow.
He is a free soul, but he is also the product of environments in which even moderately conservative ideas are never considered; but where people on the further reaches of the left are automatically welcomed as "avant-garde." His whole idea of where the middle might be, is well to the left of where the average American might think it is. To a man like Obama, as he has let slip on too many occasions when away from his teleprompter, "Middle America" is not something to be compromised with, but rather, something that must be manipulated, because it is stupid. And the proof that it can be manipulated, is that he is the president today.
It is at this point that the phenomenon known as "too clever by half" sets in.
How can being a Lefty be avant garde in 2009? It's so passe now.
It's a long-term political strategy: The Dems obviously want to create larger groups of the entitled:
...there is a risk to the U.S. system with more people relying on entitlements. "Well, they become an interest group," Mr. Becker says. "The more you have dependence on the government, the stronger the interest group of people who want to maintain it. That's one reason why it is so hard to get any major reform in reducing government spending in Scandinavia and it is increasingly so in the United States. The government is spending -- at the federal, state and local level -- a third of GDP, and that share will go up now. The higher it is the more people who are directly or indirectly dependent on the government. I am worried about that. The basic theory of interest-group politics says that they will have more influence and their influence will be to try to maintain this, and it will be hard to go back."
No kidding. Everybody loves a free all-you-can-eat buffet.
