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Archive for June 13th, 2012

Obama Listens to Rich Liberals, at His Peril

Posted in Main Blog (All Posts) on June 13th, 2012 11:08 pm by HL

Obama Listens to Rich Liberals, at His Peril
Michael Barone, DC Examiner
Who does Barack Obama listen to?Not Republican politicians. Evidently weeks go by between his conversations with Speaker John Boehner, who determines what legislation comes to the House floor.Not Democratic politicians. We have it on good authority that he seldom talks to Democratic members of Congress. Lyndon Johnson used to be on the phone constantly, cajoling and inveigling but also on the alert for shifts in opinion.

Romney Scaling the “Blue Wall”
Josh Kraushaar, National Journal
For much of the presidential campaign, President Obama’s top strategists have outlined their numerous paths to 270 electoral votes: win Florida, sweep the Southwest, or pick off a Southern state or two. But they didn’t prepare for the possibility that working-class white voters in the Rust Belt could abandon the president en masse, throwing his well-laid plans into disarray.With the economy struggling to pick up steam, three must-win “blue-wall” states are looking increasingly winnable for the Romney campaign: Michigan, Pennsylvania, and Wisconsin. Both…

Would Truman Blame Paris?
Daniel Henninger, Wall Street Journal
The Europe of Charlemagne, Marco Polo and Churchill, after millennia of undoubted achievement, has finally spent itself to the verge of collapse and irrelevance. Witnessing this historic catastrophe, Barack Obama, the president of the United States, is complaining that it's bad for business in Pittsburgh. What electorates in Europe and here have long suspected is proven true. Ours is the age of small men.Europe is in the grip of a financial plague wiping out a generation of wealth and opportunity for millions of its citizens and threatening the world's economies. Does anyone believe…

More Half-Measures From Europe

D.C. Props Up a Warped Financial System
John Hussman, Hussman Funds
Over the past 13 years, the S&P 500 has underperformed even the depressed return on risk-free Treasury bills. Real U.S. gross domestic investment has not grown at all since 1999, and even as a share of GDP, real investment remains weak.The ongoing debate about the economy continues along largely partisan lines, with conservatives arguing that taxes just aren't low enough, and the economy should be freed of regulations, while liberals argue that the economy needs larger government programs and grand stimulus initiatives.