Barnes: Is Obama an Economic Illiterate?

July 25, 2009

“Obama professes to believe in free market economics.” But in the last week he’s endorsed “a surtax on families earning more than $1 million a year,” “taxing risky ventures” on Wall Street, and on insurance industry profits, said ‘What’s the constraint on that?’ “as if those profits should indeed be constrained.” Our ticket out of […]

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Lessons in the Art of Being Orszag

July 25, 2009

POTUS’s most public advisor on health care has spent a surprisingly large amount of his career not having anything to do with health care. He’s quite wedded to his ideas: “a new agency with power to cut spending and implement changes in Medicare… is the single-most important thing Congress can do to control health-care spending.”

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Obama Called Police Officer Who Arrested Gates, Still Sees 'Overreaction' in Arrest

July 25, 2009

It seems clear all involved want this to go away: “in an unannounced trip to the White House press room, the president clarified remarks he made at the end of Wednesday night’s press conference, reiterating his point that ‘there was an overreaction in pulling Professor Gates out of his home.’” POTUS and punditry don’t mix.

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We Need More Imports, Not Fewer: Stimulus Roads All Lead Back to China

July 25, 2009

We ought to “spend more on imports.” “China can purchase more industrial machinery, transport equipment, and steelmaking material, which are among its leading imports from the US,” which “would avoid overheating China’s own markets, boost the economy’s productive capacity, and support demand for US, European, and Japanese products just when such support is needed most.”

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Anti-Semitism in Chavez's Venezuela: An Untold Story

July 25, 2009

“Over the past four years, Venezuela has witnessed alarming signs of state-directed anti-Semitism.” Chavez’s statements alone are full of references to the cruicifiers of Christ and Bolivar, and now armed men are attacking synagogues and conducting raids: “his mobilization of anti-Semitic rhetoric is the characterization of his entire opposition as anti-national.”

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Why Obama's Vagueness Should Worry Democrats

July 24, 2009

When it comes to health care in America, members of Congress, not the President who still speaks in vague terms and anecdotes, may be the ones who determine the actual form of this plan, and who are given its political ownership by uncertain Americans. No wonder the Blue Dogs are breaking. In their districts, they remember 1994.

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Perry vs. KBH: Multi-Million Dollar Political Showdown in Texas Not Going as Expected

July 24, 2009

Sen. Hutchison was expected to waltz into this role, but Rasmussen shows Perry opening up a 46% to 36% lead over Hutchison, a Texas Politics Project poll shows him up 38% to 26%, and a Texas Lyceum survey shows Perry leading 33% to 21%. Why? Perry’s latched onto anti-Washington populism, and KBH is Washington incarnate.

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In Thailand, Hillary's Terrible Horrible No-Good Very Bad Day

July 24, 2009

“Today, a meeting of Asian leaders in Thailand turned into the set of ‘Mean Girls’: North Korea called the Secretary of State a “funny lady” who ‘looks like a primary schoolgirl, sometimes a pensioner going shopping.’ Ouch. To be fair, Clinton stirred it up earlier this week when she compared North Korea to ‘unruly teenagers.’”

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The Last Days of Cheney and Bush: Tension Over Scooter Libby's Pardon to the End

July 24, 2009

Cheney’s response: “Scooter Libby is an innocent man who was the victim of a severe miscarriage of justice. He was not the source of the leak of Valerie Plame’s name. Former Deputy Secretary of State, Rich Armitage, leaked the name and hid that fact from most of his colleagues, including the President.”

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Mickey Kaus on Obama's Overreach: Why Do We Have to Reform All of Health Care at the Same Time?

July 24, 2009

“Here we’re dramatically changing insurance (no more “preexisting conditions”) and insuring the uninsured and creating a health care exchange and promoting a public option and generally telling everyone they can stop worrying about whether they will have coverage. Why do we have to also dramatically change the “health care delivery system” at the same time?”

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