Prophecy

Given President Obama’s recent Middle-East Apology Tour speeches, I am reminded of a Quote of the Day from last October, and the prediction of another damned fine intellectual, Thomas Sowell:

“There is such a thing as a point of no return,” he says. If Obama wins the White House and Democrats expand their majorities in the House and Senate, they will intervene in the economy and redistribute wealth. Yet their economic policies “will pale by comparison to what they will do in permitting countries to acquire nuclear weapons and turn them over to terrorists. Once that happens, we’re at the point of no return. The next generation will live under that threat as far out as the eye can see.”

“The unconstrained vision is really an elitist vision,” Sowell explains. “This man [Obama] really does believe that he can change the world. And people like that are infinitely more dangerous than mere crooked politicians.”

Ran across that perusing the archives for something else, and thought it bore repeating.

Quote of the Day

Obama will come to his senses with his ‘Bush did it’, reset button, moral equivalency, soaring hope and change, with these apologies to Europeans, his Arab world Sermons on the Mount to Al Arabiya, in Turkey, in Cairo, etc., his touchy-feely videos to Iran, his “we are all victims of racism” sops to Ortega, Chavez, and Morales. It is only a matter of when, under what conditions, how high the price we must pay, and whether we lose the farm before he gains wisdom about the tragic universe in which we live.

A sojourn at an elite university, you see, can sometimes become a very dangerous thing indeed.

Victor Davis Hanson, Works and Days, The Reckoning

A very good piece on why so many people connected to reality are considered “anti-intellectual,” written by a damned fine intellectual. RTWT.

But the Stimulus PASSED

But the Stimulus PASSED!

The blog Innocent Bystanders has been keeping track of the unemployment numbers compared to the projections of the Obama economic team (PDF) back in January. Granted, the team acknowledged “there is substantial uncertainty around all of our estimates”, but still . . .

Here’s their chart with the unemployment data released today:


Now, it’s been a while since I took a math class, but I don’t see the data even starting to indicate a decrease in slope. Using some admittedly crude tools, here’s the graph with the new data points linked:


To me, it looks like the slope is, if not linear, increasing. It’s definitely not nosing over. Yet.

Of course, the claim now would be that “if the Stimulus plan had not passed, it would be WORSE!” Perhaps. But it does indicate that the best and brightest minds on the Obama team weren’t even close in their January projections.

As Glenn keeps saying, “The country is in the best of hands.” Personally, I think “flyfisher” has his finger on the economic pulse of the country.

UPDATE 6/7: Someone else notices the same thing, and uses better graphics tools.

Don’t MAKE US Come BACK THERE!

Don’t MAKE US Come BACK THERE!

Tam had a very interesting post this morning:

Remember when you were little and you were whining to go to Disneyland or order a large pizza for supper or to get that shiny new toy, and your dad said “No, we can’t afford it.”

He said that because he was a grownup, and it was his job to be responsible.

We need a new political party in Washington, to get the checkbook away from the 537 people who have been kiting checks like a runaway teenager who boosted mom’s purse. Not the G.O.P., because they’re part of the problem.

We will call ourselves the G.U.P.: the GrownUp Party, and our motto will be “No we can’t!”

Chant it with me now:

“But all the other kids have ice cream and free universal health care!”

“No we can’t!”

RTWT.

Government has been incrementally taking on the responsibilities of our parents for decades, but only recently has it become too obvious to be ignored any longer. In 2005 when I wrote Tough History Coming, I quoted an Albuquerque Tribune piece by Jeffry Gardner entitled Save Us From Us. (The Trib is another paper that has failed, so the links are broken.) Here it is again, since it’s pertinent:

During the 1992 presidential debates, there was a moment of absurdity that so defied the laws of absurdity that even today when I recall it, I just shake my head.

It was during the town hall “debate” in Richmond, Va., between the first President Bush and contenders Bill Clinton and Ross Perot.

A grown man – a baby boomer – took the microphone from the moderator, Carol Simpson of ABC News, and said, in a fashion: You’re the president, so you’re like our father, and we’re your children.

See? My head’s shaking already. Where did that come from? Would a grown man have told a president something like that 100 years ago – or 50?

We’ve got our wires crossed, and our ability to accept responsibility for our lives – once so ingrained in our American nature that President Kennedy felt comfortable telling us to “ask not what your country can do for you” – has been short-circuited. We’ve slouched en masse into an almost-childlike outlook: You’re the president, so you’re like our father.

The fact that an adult – on national television, no less – would say this and later be interviewed as though he’d spoken some profound truth struck me then, as now, as more than a little absurd. It was alarming.

That attitude certainly hasn’t abated over the past 12 years. In fact, that helpless, innocent-child routine has crept into nearly all aspects of our culture.

At the top of this blog I have three quotes that are illustrative of the purpose for its existence. The third is from Kim du Toit:

I don’t just want gun rights… I want individual liberty, a culture of self-reliance….I want the whole bloody thing.

I’m not sure there are enough grown-ups left. What adults there are out there sure as hell aren’t in elected office. I’ll join the G.U.P., but I’m afraid we’ll have a smaller membership than the Greens. After all, we won’t be offering to “bribe the public with the public’s money.” Hard to compete with that when the electorate isn’t made up of grown-ups already.

Entropy wins.

I Don’t Know Anything About Finance

I Don’t Know Anything About Finance . . .

But I’m pretty sure this guy’s right:

I’m an attorney and CPA and I’ve spent my career in the world of investment banking, hedge funds, and private equity, etc. Tell your mother I’m almost certain a depression is on the way and many of my colleagues believe the same thing because the math has finally caught up with us. However, I believe this depression will be worse than the 30’s because, among other factors, Americans are no longer self-sufficient and we’re burdened with debt we can never repay. I don’t want to believe any of this, but I can’t ignore what I know and see. I really hope I’m wrong. I hope those in charge figure out a way to kick the can down the road one more time, but I don’t expect that because they would have to defy their Keynesian impulses. I fear it’s too late.

flyfisher on June 3, 2009 at 10:36 PM

A comment left at a Hot Air post yesterday on a proposed tax on employee health insurance benefits. It was prompted by this comment, a few minutes earlier:

I was on the phone with my mother today (a Baby Boomer, born 1955), and we were discussing the fact – not possibility, but fact – that our economy will sink into a depression if Cap-and-Trade or “Healthcare Reform” is passed before the end of the year like Obama wants. My mom said, “I just can’t believe that there’s actually going to be a depression in my lifetime. We did this once already and didn’t learn anything from it?”

I was born in 1984, so I’ve known nothing but prosperity in my lifetime. Even so, I just can’t believe that SO many Americans who remember the 70s learned NOTHING from the experience. I cannot believe that hardly a generation passes before socialism rears its ugly head again. I want the horrors I’ve read about to STAY in the history books – I don’t want to live them. For the first time, though I’m frightened. I can prepare to some extent for inflation or the loss of a job, but I really don’t know what I’ll do if the government takes over healthcare. I may be relatively healthy, but I know a lot of people (many elderly) who are not and if the government starts rationing as we KNOW they will, I hope that the wrath of the American people is finally awoken in defense of our countrymen.

Is this what it’s going to take, America? How much will be destroyed before you’ve had enough?

Animator Girl on June 3, 2009 at 10:06 PM

Good question.