Europe and the US at Odds on Copenhagen, Kyoto, and Climate Change

September 16, 2009

There is a column at the Guardian that says if Obama does not “beat the GOP” on this issue, the world will end. We aren’t linking that column, but find it funny the columnist considers Obama’s path one consistent with limitations on atmospheric carbon, considering his administration’s insistence of going it alone on the issue.

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Housing and Commercial Real Estate: It Wasn't a Bubble, It Was a Double Bubble

September 16, 2009

Pollock: “the first decade of the 21st century brought us a double bubble—one in housing, and one in commercial real estate. They both involved property prices increasing by an obviously unsustainable 90 percent over 6-7 years; both involved notable expansion of real estate risk on the balance sheets of the highly regulated commercial banks.”

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Conservatism in Academe: Debate Over Whether the Right is a Legitimate Part of the Academy

September 16, 2009

“The academic world suffers from too many people trying to hire people too much like themselves. We simply do not give intellectual diversity a high priority in academe, and intellectual life suffers as a result.” Followup to a Mark Lilla article touches on some surprising factors to come out of conservatism’s minority status on campus.

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MSM Discovers Young Adults Who Supported Obama Will Fund His Health Care Proposal Whether They Want To Or Not

September 16, 2009

“A 2008 study by the Urban Institute found that more than 10 million young adults ages 19 to 26 lack health insurance coverage.” Yes, the plight of the uninsured. But “young people would no longer be permitted to bet on their good health: All the reform legislation before Congress would require individuals to buy coverage.”

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Obama Scolds Bankers, But is There Anything to His Toothless Regulatory Proposals?

September 16, 2009

“Obama’s regulatory revamp would create a new consumer protection agency to protect the consumer from himself, as well as from predatory lenders; a ‘resolution authority’ to seize and wind down insolvent non-banks; and an oversight council to share information across markets and plug regulatory gaps ‘that don’t fit neatly into the organizational chart.’” Easy, now.

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W. Slammed Plenty of Politicians in Private to Speechwriter; Matt Latimer Ensures He'll Never Work Again

September 15, 2009

W on Hillary: “Wait till her fat keister is sitting at this desk.” W on Obama: “This is a dangerous world, and this cat isn’t remotely qualified to handle it. This guy has no clue, I promise you.” W on Biden: “If bull**** was currency, Joe Biden would be a billionaire.” And more!

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US Launches Military Strike in Somalia Against al Qaeda Target, Kills Him

September 15, 2009

Most wanted 28 year old: “The dead terrorist, Saleh Ali Nabhan, is believed to have taken part in the 1998 attacks on U.S. embassies in Kenya and Tanzania. He is also believed to have orchestrated the 2002 bombing of a resort hotel in Mombasa, Kenya, and a failed missile attack on an Israeli airliner.”

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Recession Likely Over, But Joblessness to Continue, Bernanke Says

September 15, 2009

WASHINGTON — Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over. Bernanke said the economy likely is growing now, but it won’t be sufficient to prevent the unemployment rate, now at a 26-year high of 9.7 percent, from rising.

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The Candor Gap on Health Care

September 14, 2009

Samuelson: “When Obama says that ‘I am not the first president to take up this cause, but I am determined to be the last,’ he is indulging his ambition for a special place in history and illustrating why Americans don’t discuss health care honestly.” This debate has featured more exaggerations than any we can remember.

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Sebelius Promises No Taxpayer Funds For Abortions, Whatsoever, in Health Care Plan

September 14, 2009

“STEPHANOPOULOS: So you’re saying it will go beyond what we have seen so far in the House and explicitly rule out any public funding for abortion? SEBELIUS: Well, that’s exactly what the president said and I think that’s what he intends. That what the bill he signs will do.” That’s as definitive as it gets.

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