Barack Obama

Opinion: “First, they came for the donor lists…”

Emboldened by the response to my piece last week, I put on my political theorist hat this weekend and penned another editorial that has now been published in The Daily Caller. Here’s an excerpt:

“Don’t we all have a right to know,” asks Obama campaign manager Jim Messina in a recent fundraising email, “exactly which corporations and individuals are spending millions in attack ads to influence elections – and what their agendas are?” While we should expect this type of rhetoric from bullies who think that the government should force workers to give up their right to a secret ballot in unionization proceedings, making it easier for Democratic supporters to rake new campaign funds from their peers’ paychecks, this is one of those times when “No” is a complete, forceful, and declarative sentence.

But in fairness to Messina, to whom I wish a swift and humiliating trip to the unemployment line this November, we should (for a moment) take his claim at face value. We should ask, “Upon what moral principle” – we’re talking about rights, after all – “is this ‘right to know’ predicated?”

Paul Krugman is Delusional

It’s official: the New York Times’ resident Nobel Prize Laureate/Loony is delusional. He wrote on his blog Monday about “how right he was”:

We’re coming up on the second anniversary of my piece “Myths of Austerity“, in which I tried to knock down the simply insane conventional wisdom then gelling among Very Serious People. Intellectually it was, I think I can say without false modesty, a huge win; I (and those of like mind) have been right about everything.

But I had no success in deflecting the terrible wrong turn in policy. Moreover, as far as I can tell none of the people responsible for that wrong turn has paid any price, not even in reputation; they’re still regarded as Very Serious, treated with great deference. And the political tendency behind that terrible economic analysis has at least a 50% chance of triumphing in America.

Oh well.

“Oh well” is right.

His first problem is that he says he has “been right about everything.” When one looks at the stimulus programs that have been enacted since this recession began, and the high unemployment that has persisted, the evidence is blatantly clear: Krugman is an idiot.

His second problem is his statement that “I had no success in deflecting the terrible wrong turn in policy.” Um, lest I am living on a different worldline than Krugman, the man’s main policy prescription has been stimulus, and we’ve had a lot of it:

Profiles in Liberty: Phil Kerpen of American Commitment

Phil Kerpen is president of American Commitment, a columnist on Fox News Opinion, chairman of the Internet Freedom Coalition, and author of Democracy Denied: How Obama is Ignoring You and Bypassing Congress to Radically Transform America - and How to Stop Him.

The Hill newspaper named Mr. Kerpen a “Top Grassroots Lobbyist” in 2011. His op-eds have run in newspapers across the country and he is a frequent radio and television commentator on economic growth issues.

Prior to joining American Commitment, Kerpen served as vice president for policy at Americans for Prosperity. He also previously worked as an analyst and researcher for the Free Enterprise Fund, the Club for Growth, and the Cato Institute.

Kerpen blasts out spirited, pro-liberty tweets @Kerpen.

Phil Kerpen

“Whither the ‘Challenge and Question Authority’ Liberals?”

That’s the title of an opinion piece I wrote for The Daily Caller which you can read in its entirety here.

A selection:

…in the market for political representation, the powerful thrive on market failure. Economics teaches us that (near-) perfect information is a prerequisite for well functioning markets. Thus, in the market for political representation, the press plays the critical role of finding and relaying information to the public it otherwise would not have, of correcting an information asymmetry. When the press cannot (or does not) do its job, or when the government will not allow it to do so, the government enjoys surplus political capital (support, votes, power) at the expense of the governed.

It is deeply troubling that reporters have succumbed so far to this paradigm of failure that an incident like Friday’s [kerfuffle between The Daily Caller’s Neil Munro and President Obama] shocked the status quo such that a veteran Washington reporter found himself castigated openly by his colleagues.

I hope you’ll read the rest, and share with your friends!

Cross-posted.

Three Reasons Why I Think Romney Will Win in November

I’m not going to pretend for a minute that I think that Romney is the best thing to happen to America. He has not committed to seriously cut spending, he’s been pandering to his social conservative base so much we can’t expect improvements on that front, and I don’t expect him to end the wars. But, when I look at the data out there, I think that he will win the election in November. Not handily, not by a landslide, but it will be a win.

My reasoning comes down to three points:

  1. It’s the Economy, Stupid
  2. Majority of Americans Opposed to Big Government
  3. Obama’s Support Fading

It’s the Economy, Stupid: This one is fairly simple. The economy is in tatters. Roughly 13 million Americans are out of work. The unemployment numbers are just horrific for recent college graduates, one of the biggest support groups for Obama ‘08, half of whom can’t find work. Obama’s stimulus programs have been abject failures. But there’s one datapoint in particular that has only started getting attention recently.

That’s the “civilian labor force participation rate.” Essentially, the civilian LFPR is the percentage of Americans who are either working or are unemployed but are looking for work. That means that if you’re not sending out job applications and have given up, well, congratulations—you’re no longer unemployed! (At least in the minds of the analytical mentats of the Bureau for Labor Statistics.)

Conservatives Need To Focus On The Two Scandals That Matter

There have been a lot of silly “scandals” during this election season, which is a usual and normal waste byproduct of the American election process, though this year has been notably intense. Unfortunately, between the “scandals” of Obama having eaten dog while a child in Indonesia, criticism over a flubbed line in Poland, guffaws about him using the word “thingamajig” in a speech, and the resurgent “Birther” nonesense, conservatives and libertarians are losing sight of the real problems with the Obama administration. As I see it, there are two that need to be focused on relentlessly:

  1. The absolutely dismal economic situation, exacerbated by this president’s misguided and foolhardy policies
  2. The utterly atrocious record on civil liberties that President Obama has engendered, a holdover from the Bush administration (so much for “Change”)

Everything else can pretty much be secondary to this or just treated as nonsense. These are the real core problems with the Obama administration, and they are all that conservatives need to hammer him with. Forget the memes, forget the social conservatism, just focus on two things: jobs and civil liberties (which does, in case you’re wondering, tie into foreign policy. A bit.)

The economic problem is fairly straightforward: this is the worst recession since World War II, bar none. From the Calculated Risk blog, this chart shows you how badly:

worst_recession

‘London Whale’ upsets J.P. Morgan

As many of you may already know, insvestment banking firm J.P Morgan recently lost nearly $2.3 billion dollars on some very, very, bad bets.

Sources in the MSM accordingly, show a trader only dignified by the sobriquet ‘London Whale’ was able to hedge together larger shares of Morgan company money and place them on malevolent trade returns. They did not pay off.

Some circles call it business as usual. Other circles call this collusion, or extended risk. Yet others would call this, hedging- or: placing large assets on wide-open targets, at just the right time and place. I don’t need to mention the implications of this; we’re back to 2007, when the Recession we are currently in, evolved- by these means.

Now, clearly- you could claim- the company knew what it’s employees were aiming at with their stoked assets. They didn’t. This story is just emerging, but it seems clear that this is a perfect example of those who don’t know what they are doing, laksadaising large amounts of money; and wielding power so great, there could be serious repercussions.

Gladly, at least so far, there have been few.

Nevertheless, what this shows is not only nefariousness on the part of some, but also the evident close ties in finance between Europe and the United States. We may think this country is just pulling from a recession, when in reality we’re right back to 2007, or earlier.

Entire Markets and nations are tanking in Europe: acidic debt scouring away at the health of entire economies. The European Union ready to dissect into multiple breakaway-province nationalities. National furor is high, while economic support has hit all-time lows.

At first sight, the entire investments-gone-wrong scenario would yearn for more oversight- but beware of what you ask for! Oversight by whom? I don’t think market regulation is a particularly good example of solving fiscal ‘problems’ by any stretch of the economic imagination.

Gary Johnson Won’t Spoil Romney

Much hash has been made lately of Gary Johnson taking the Libertarian Party nomination. He is probably the highest-profile candidate to run for the party in the past twenty years, thanks to his eight years of executive experience in New Mexico as a Republican, his hard-hitting libertarian principles, and the fact that, well, let’s face it: the guy is just cool.

I mean, scaling Mt. Everest? Vetoing over 750 bills? Saying weed, gay rights, and gun rights are all a-ok? That’s just not something that comes around every four years. And he’s also (relatively) young, which is always a plus. (Sorry, Ron.)

Naturally, though, a lot of people are exhibiting signs of a disease calling “Spoileritis.” A perfect example comes from a comment on Bob Barr’s Daily Caller column about Gary Johnson. Our erudite fan writes

A vote for this party is a vote for Obama.  Period.  Consider yourselves responsible for the destruction of this country for good!

Except there is zero evidence that this is the case.

Gary Johnson’s calls to slash 43% of military spending, end the Drug War, and most importantly, unabashedly legalize same-sex marriage, none of which are positions held by most Republicans. Instead, those positions are decidedly liberal, more on the side of Obama’s supporters. So when people go to the polls this November, it is likely that he will draw more supporters from Obama’s camp than Romney’s.

Chris Barron, chair of GOProud, the GOP’s gay and lesbian group, said the same thing in an interview with the Daily Caller’s Matt Lewis:

Is the Drug War Turning Inside Out?

Is the Drug War flipping inside out?

For decades, we’ve had conservatives—traditionally associated with the Republican Party and the right wing of American politics—rail against drug use and fight for a stronger Drug War that throws more people in jail, while liberals—traditionally associated with the Democrats and the left wing—did the exact opposite, arguing for legalizing drugs or at least scaling back the war. Now, this has never been a perfect analogy—Buckley himself wrote in National Review that the Drug War was stupid and could not be enforced, and many liberals in the government have done truly nothing to try and end this war, and in fact have reveled in it (see: Clinton, Bill and Obama, Barack.)

But lately, we’ve been seeing a complete switch. First, on the conservative side, we have Pat Robertson coming out against marijuana prohibition, followed by George Will’s latest columns that, while not actually arguing for legalization, is seriously questioning prohibiting hard drugs. Meanwhile, President Obama says he wants to have a “debate” about it, but says that legalization is “not the answer.” (To which I say, “Well, then what is, big guy?”)

Of course, we can rack a lot of this up to people being out of power and others being in (and needing to appease the government beasts.) But still, it seems quite baffling to me, where we have conservatives/Republicans questioning the Drug War and liberals/Democrats more or less supporting it.

Impeaching Obama? Impeach Congress

If you live inside the beltway, you may have heard that Rep. Walter Jones (R-NC) has put forward a bill that would make any instance of the executive using the military without going through Congress an impeachable offense:

In a House Resolution introduced last week, Rep. Walter B. Jones (R-NC) put forward use of the military by the executive branch without explicit authorization from Congress as an impeachable offense: one which some conservatives believe President Barack Obama has already committed.

The bill’s author, Rep. Jones, was once a Democrat who switched parties before seeking congressional office in the 90s. He endorsed former Rep. Ron Paul (R-TX) for president in 2008, and has been one of the Republican Party’s loudest critics of the presidency’s warmaking powers.

“When you talk about war, political parties don’t matter,” he told The New York Times last year.

While not directly calling for impeachment, the bill would declare “that it is the sense of Congress that, except in response to an actual or imminent attack against the territory of the United States, the use of offensive military force by a president without prior and clear authorization of an act of Congress violates Congress’s exclusive power to declare war… and therefore constitutes an impeachable high crime and misdemeanor under Article II, Section 4 of the Constitution.”

In other words, the bill would, in effect, serve as a trigger mechanism for impeachment proceedings.


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