8/3/2010 – Monty Pelerin -
Inflation is the inevitable ending of this awful economic crisis. The only questions are how much and when.

A rising number of supports champion inflation as a salvation strategy. Richard Russell in a recent newsletter provides the rationale (emboldening by Mr. Russell):

In my opinion, the US MUST default on its debt. There are two ways to default. One is simply to renege on the debt … The other way to default on the debt is to inflate it away. I’m absolutely convinced that this is the path that the US will take. If the US inflates enough, then over time (many years) the devalued dollar will tend of reduce the power of the debts.

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8/1/2010 – Jon N. Hall -
Certain ideas get so firmly fixed in some folks’ brains that no amount of evidence can dislodge them. Such ideas become articles of faith. And one article of faith that is particularly deeply stuck in the minds of “the faithful” is that Reaganomics doesn’t work.

The big idea behind Reaganomics is that cutting tax rates boosts the economy, which results in more tax revenue. The history of the last three decades bears this out. more »

7/21/2010 – Dan Gorski -
The Department of Defense has sounded an alarm about our access to a strategically vital group of metals called the rare earth elements. A report on the problem prepared by the GAO is not pretty. It concludes that the Chinese now control the production, processing, and manufacture of final products of these vital metals and now own the patents for many of these processes. more »

7/15/2010 – B. Chrysostom -

A new video produced by RightChange.com highlights the reckless incompetence of Obama’s lack of leadership and effective response to the BP oil spill disaster. Using images, video clips, and information about Obama’s activities in the 70 days since the BP Deepwater Horizon rig exploded and sank in the Gulf of Mexico. The video timeline is a powerful condemnation of Obama’s inability to act as President, deal with reality, and help with this massive crisis.

The video correctly blames Obama for not being ready to lead and lacking the necessary experience and ability to lead. It concludes with a call to action:

We need real leadership for America.

Help us elect and support new leadership this November.

Here’s part of the devastating timeline the video documents:

Day 1: The BP Deepwater Horizon oil rig explodes, killing 11 workers.

Day 3: The Dutch government offered the world’s most advanced oil skimming technology. Citing the Jones Act, “He [Obama] says… No.” …to protect his union buddies. more »

7/13/2010 – B. Chrysostom -

A government report released today reveals that the Obama administration plans to drastically cut America’s nuclear arsenal by up to 40%. These massive reductions in the US nuclear stockpiles are to be implemented by the year 2021.

The news has gone from bad to worse regarding Obama’s desire to eliminate all US nuclear weapons. Last week I highlighted the Suicidal-in-Chief’s desire to drastically undermine America’s nuclear defense and strike capabilities is detailed in the president’s New Strategic Arms Reduction Treaty (New-START) with Russia, that he signed in April of 2010. Today these ominous developments have come to light.

These enormous reductions are the next step in President Barack Obama’s reckless path to “eliminate all nuclear weapons.” The US now has about 5,113 nuclear warheads but Obama wants to reduce that number to around 3,000. more »

7/8/2010 – B. Chrysostom -

Barack Hussein Obama is not only the most radical, incompetent, and leftist president we’ve ever had, but he is also one of the most dangerous. His unilateral approach to drastically reduce America’s nuclear missiles arsenal and abandon key missile defense capabilities both in Europe and at home, are not just criminally reckless, but downright suicidal.

The latest attempt by Obama to destroy America’s nuclear defense and strike capabilities is detailed in the president’s New Strategic Arms Reduction Treaty (New-START) with Russia, that he signed in April of 2010.

Mitt Romney concludes that “New-START gives Russia a massive nuclear weapon advantage over the United States.” The various provisions of this nuclear weapons “treaty” will not only undermine America’s nuclear capabilities, but also prevent America from properly developing its arsenal while giving Russia an overwhelming and unfair advantage. According to Mitt, the New-START agreement: more »

7/7/2010 – B. Chrysostom -

Yesterday, Michelle Malkin issued a call to her blog readers to help create new NASA logos to “mock Team Obama’s Muslim-pandering makeover of the space program.” Some of the best logos submitted can be seen below.

The logo makeover contest was in response to the latest “Muslim friendly” NASA policies that Obama has foisted on America’s space exploration agency. Yes, this is no joke! Barack Hussein Obama has designated NASA’s new mission to “engage much more with dominantly Muslim nations to help them feel good about their historic contribution to science.”

This information was revealed by NASA’s new Administrator Charles Bolden (appointed by Obama) in a recent interview with Al Jazeera. Bolden emphasized that strengthening ties with Muslim countries “was among the top tasks President Obama assigned him. He said better interaction with the Muslim world would ultimately advance space travel.” more »

Wayne Allyn Root

7/4/2010 – Wayne Allyn Root -

As former President Ronald Reagan might have said, “Obama, there you go again.”

The current occupant of the White House claims to know how to create jobs. He claims jobs have been created. But so far the score is Great Obama Depression 2.2 million lost jobs, Obama 0 — a blowout.

Obama is as hopeless, helpless, clueless and bankrupt of good ideas as the manager of the Chicago Cubs in late September. This “community organizer” knows as much about private-sector jobs as Pamela Anderson knows about nuclear physics.

It’s time to call Obama what he is: The Great Jobs Killer. With his massive spending and tax hikes — rewarding big government and big unions, while punishing taxpayers and business owners — Obama has killed jobs, he has killed motivation to create new jobs, he has killed the motivation to invest in new businesses, or expand old ones. With all this killing, Obama should be given the top spot on the FBI’s Most Wanted List. more »

7/1/2010 – Claude Sandroff -

Obama’s poorly coded message to investors is to take your money out of America and keep it out. Whether through excessive taxation, suffocating over-regulation, or thuggish confiscation, the lesson to be drawn by anyone with excess capital is to look for friendlier places to put it to work.

The list of friendlier places excludes North Korea, Venezuela, and Iran for the time being, but almost everywhere else qualifies. Russia’s president spent several days in Silicon Valley recently looking for adventurous investors and came away with a $1B commitment from Cisco Systems. For Cisco, sitting on a cash hoard of $30B, with years of experience partnering with the burgeoning Russian venture capital industry, the decision was probably not a very tortured one. And what a perfect opportunity for Cisco’s CEO John Chambers to keep his cash as far from Obama’s collection agencies as possible. more »

Steve Wynn

6/27/2010 – Chris Banescu -

In a recent interview, Steve Wynn, the successful American casino resort and real-estate developer, made some shocking observations about the unstable and aggressively anti-business atmosphere in America perpetuated by our own government. In his interview with CNBC, Steve expressed the nightmarish situation that US companies face due to the arbitrary, punitive, and misguided manner in which legislators in Washington, DC continue to endlessly tax and regulate businesses in America, while our economy continues to suffer and deteriorate.

In a criticism clearly directed at President Obama and the Democrats, Mr. Wynn focused on the key reason why America is now less stable and less business-friendly than even China: our own incompetent government in Washington! He explained how China now offers more political stability, more opportunities, and much more business-friendly environment than the United States: more »

Steve Wynn

6/25/2010 – Chris Banescu –

Steve Wynn, the American entrepreneur and casino resort/real-estate developer, was recently interviewed by CNBC for the opening of his new Encore Beach Club in Las Vegas. During the questions and answers session with the correspondent, the billionaire business owner addressed some of the most serious problems American companies face and the incompetent manner in which politicians in Washington, DC are handling the economic situation and the unpredictable manner in which they continue to aggressively punish US businesses.

In the interview Wynn talks about the lack of common sense that has disappeared in Washington and the completely out-of-control spending that is fueling the massive national debt:

“It’s common sense that’s disappeared in Washington DC. It’s common sense that’s disappeared in the years of 7 and 8 in America. We’re inheriting the awful results, both in our government … of wild, uncontrolled spending, unbelievable, unsustainable debt.

And yet, here we are, doing it again, $20 billion a month to the FHA. On top of what happens to Fannie Mae and Freddie Mac. We’re doing it again today for $20 billion a month! We’re destroying the housing market, again; under the name of a stimulus, phony misrepresented names.”

more »

6/25/2010 – B. Chrysostom –

Governor Jan Brewer has just released another video message where she, once again, speaks out against Obama’s complete failure to secure the US borders and help Arizona control the massive illegal immigration invasion plaguing that state.

Governor Brewer takes on Obama’s lies that “our border is as safe as it has ever been” and she challenges the President to do his constitutionally mandated job of securing our borders and protecting the citizens of Arizona and of the United States.

This conservative woman has the guts and determination to challenge Obama’s incompetence and dereliction of duties.

May God bless Gov. Brewer! America needs more governors and leaders like her to speak the truth, use the media to send the message to Obama that his lies and failures will be challenged, and help us rescue America from the radicals in Washington who are destroying our country. more »

6/17/2010 – Erick Erickson -

Perhaps it is because his chief speechwriter has spent the crisis playing beer pong in Georgetown bars. Perhaps it is because while embracing peak oil, the oil spill never piqued his blue state interests since it affected red states.

Whatever the reason, Barack Obama gave the most depressing Oval Office speech since Jimmy Carter’s malaise speech. He didn’t just embrace defeat, he wore it on his suit as a substitute for an argyle sweater. He tried to sound upbeat in the way a cop in a movie might sound when his partner lay mortally wounded and the cop needs to get the partner’s wife to the hospital without letting her know her husband is dying. It was a false optimism with Barack Obama distracting Americans in a game of three card monte.

The best summation of the speech comes from our own Caleb Howe, who tweeted, “Let me be clear. Some oil spilled. But Katrina. And make no mistake. I’m having meetings. In conclusion, something about China. Windmills!” That, ladies and gentlemen, is the President’s whole speech in 140 characters. more »

6/16/2010 – Alan Caruba -
President Obama knows how to deliver an address. What he doesn’t know or doesn’t care about is the difference between the truth and a lie. His fifteen-minute address was the piling on of one lie after another regarding America’s use of energy and its needs for the future. [...]

We are no more addicted to oil than we are addicted to oxygen. This extraordinary mineral is a part of every aspect of our lives; used to create plastic, used in pharmaceuticals, used for the asphalt that pave our highways, and used as the fuel for our cars, trucks, and for countless other applications. more »

6/15/2010 – Christopher Chantrill -

It is true that liberalism is cruel, corrupt, wasteful, and unjust. But one should never forget its delusion. The delusion is a simple one. It is a belief that government can be made rational and efficient. This delusion leads our liberal friends into disaster after disaster.

Liberals were shocked that President Bush failed to get everyone tucked up in bed in a couple of days after Hurricane Katrina. They knew that a rational and efficient government, run by people like them who believed in government, could do better.

Now President Obama is busy proving them wrong.

Unfortunately, conservatives aren’t helping. In pointing out the serious lapses in the president’s leadership qualities, we conservatives are missing the point. We are encouraging liberals in their delusion. Instead, we should remind everyone that of course a bunch of corporate bureaucrats, combined with a bunch of government bureaucrats, are going to be a bit off the mark. more »