The Right's Real Problem: Too Big to Fail

October 7, 2009

The real untold story of the past decade on the Right is one of profound misallocation of resources — particularly jarring considering we are discussing for the most part organizations and people who espouse again and again the virtues of competition and the wisdom of the marketplace. Taken as a whole, it represents a total market failure.

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How Soon Liberals Forget: Is McChrystal the New Shinseki?

October 7, 2009

William Galston mocks the forgetful elite attacking Gen. McChrystal, including a bevy of politicians and officials. “Washington Post columnist Eugene Robinson put it most bluntly: ‘The men with the stars on their shoulders … need to shut up and salute.’ Some are even drawing parallels between McChrystal and Douglas MacArthur. All these critics are wrong.”

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Human Rights Groups Extremely Disappointed With Obama on Gitmo, Dalai Lama, Iran

October 7, 2009

“Human rights groups are beginning to question President Obama’s commitment to their issue as the administration engages authoritarian regimes, retains the option of sending terrorist suspects abroad to places where they might be tortured and puts off a presidential meeting with the Dalai Lama.” If you aren’t reading Glenn Greenwald, you need to.

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The New Middle Class Contract

October 7, 2009

“To sustain American prosperity and pass along a healthy economy to the next generation, the middle-class contract of the post-war years must be revised. Our entitlement programs need not be abolished, but they do need to be reformed so that they are economically viable, and bolster a thriving free-market economy instead of undermining it.”

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Gates Criticizes McChrystal for Ignoring the Chain of Command

October 6, 2009

“The decisions that the president will make for the next stage of the Afghanistan campaign will be among the most important of his presidency,” Gates said. “It is imperative that all of us taking part in these deliberations, civilians and military alike, provide our best advice to the president candidly but privately.”

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Great Time for US Consumers: America is on Sale

October 6, 2009

If you’ve got money, things are good: “Prices on everything from clothes to coffee to cat food are dropping, some faster than they have in half a century. Items rarely discounted, like Tiffany engagements rings, are now. The two biggest purchases most people make, homes and new cars, are selling at steep price reductions.”

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Is the Newly Frugal Consumer a Myth?

October 6, 2009

“While the decline in the savings rate and the growth in household indebtedness since 1980 has in part reflected a shift toward more consumption, conspicuous consumption in the classic sense has not been the biggest driver of declining savings. Instead, the growth in indebtedness has largely been driven by demographic changes and housing prices.”

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Three AMA Presidents – Doctors Not Invited to the White House – Express Their Opinions

October 6, 2009

“There are many other ways to expand access to health care for uninsured Americans. We could strengthen incentives to purchase low-cost health savings accounts, provide tax credits for individuals and families buying health policies on their own, and extend subsidies for those who need financial help.” They didn’t get to wear the white coats.

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The Scary Permanence of Congressional Power

October 6, 2009

Bill Frezza asks an important and underasked question: “Everyone no doubt remembers the proverbial recipe for boiling a frog. As our federal government confronts the catalogue of “crises” roiling the country, who is keeping track of the accumulated powers that will remain as a permanent legacy of these troubled times?”

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Jones: Forget What You Heard, Everything's Just Peachy in Afghanistan

October 5, 2009

Should be an interesting week: “It seems that Stanley McChrystal doesn’t know what he’s talking about. Nor does the head of the British Army, apparently. Ignoring his views is particularly ironic from a team that Obama formerly complained ad nauseam about the need to listen to the generals – only now to ignore them all.”

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