Crony Capitalism

From Bloomberg:

…Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley (MS), got as much as $107.3 billion, while Citigroup took $99.5 billion and Bank of America $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress…

Describing it as an effort to stave off depression is being overly generous…though, giving the benefit of the doubt, Bernanke, himself, might have thought that is what he was doing.  The reality is that a bunch of well-connected banks gambled, lost and then were bailed out by the taxpayers.  The whole effort, in reality, was to ensure that those at the top of the financial industry heap didn’t pay the price of their folly…and they managed to get all that money because, as I’ve said, Big Government and Big Corporation are two sides of the same coin…they are run by the same people and have the same basic worldview:  the people are lunch.

We have to ensure that in the future no one ever falls for “too big to fail”.  If a corporation has screwed up, then let it fail.  In this, there is a gigantic issue we Republicans can run on because, right now, Obama and his Democrats are hip deep in this nonsense.  There was no fundamental difference between the bail out of GM and the bail out of Morgan Stanley…both were run by idiots who deserved to lose and both were bailed out because of excellent political connections.

We can tie the whole nauseating mess in to a neat, little package and explain to the American people that the “Bigs” have to go, because both of them are bad.  Thing is – do we have the courage to do it?

Obamunism! Failing America’s Youth

From the LA Times:

…Call it Generation Vexed — young Americans who are downsizing expectations in the face of an economic future that is anything but certain. Career plans are being altered, marriages put off and dreams shelved.

“You can’t reach for the stars at this point,” Thomas said.

Fewer than half of Americans believe that the current generation will have a better life than the last, according to a Gallup poll this spring. It was the most pessimistic showing for that barometer in nearly three decades.

Another poll, of Americans ages 18 to 29, found that three-quarters of them expect to delay a major life change or purchase because of economic factors…

So, just how is that hopey-changey thing working out for you?

Sorry, liberals, fake money and debt just don’t do it…they allowed us to pretend for a while, but now the piper has to be paid.  We can provide a future for these young people, and those who are children, today…but only if we build and economy based upon hard work, thrift and careful investment.

2012 really can’t get here fast enough.

Sunday Morning Open Thread

Just haven’t got anything to write about for the AM.  Does it seem to you that we’re kind of waiting on the edge of a precipice?  Like the world is holding it’s breath, waiting for some big event which will clarify and give direction?

We do seem to be in a bit of a bad way…economy faltering, leadership incompetent, enemies strengthening, wars and rebellions in abundance, starvation stalks some lands, disease takes its toll…it is said that grave crisis often throws up the person needed to lead out of it.  One thinks of Lincoln and Churchill and how they were superbly matched to their hour…will we get such?

At any rate, regardless of what happens, remember that all will come out right, in the end.  It isn’t, ultimately, in our hands:

I will give thanks to you, O LORD, with all my heart,
for you have heard the words of my mouth;
in the presence of the angels I will sing your praise;
I will worship at your holy temple.

I will give thanks to your name,
because of your kindness and your truth:
When I called, you answered me;
you built up strength within me.

The LORD is exalted, yet the lowly he sees,
and the proud he knows from afar.
Your kindness, O LORD, endures forever;
forsake not the work of your hands. – Psalm 138:1-2,  2-3, 6, 8

Have a great day!

Germany Not Interested in Bailing Out Europe

From Bloomberg:

Germany on Saturday rebuffed renewed calls that euro zone countries should issue joint euro-denominated bonds and have a joint finance minister, arguing that would only be possible if fiscal policy were collective already.

“As long as we don’t collectivise financial policy we also cannot have a uniform interest rate level. The different rate levels are the incentive to run a solid economy or the punishment if you are not running it properly,” Finance Minister Wolfgang Schaeuble, speaking at his ministry’s open day…

Really, it is the only way for Germany to act right now – the Eurobonds proposals, as they are, really amount to nothing more than bankrupt nation like Spain and Italy transferring a substantial part of their debt to German taxpayers.  Not only would this be political suicide for Germany’s ruling party, it would also be economically disastrous.  It wouldn’t actually stop the default, it would just delay it…and would ensure that when it came, it took Germany down with it.

Germany has tried very hard since World War Two – with great success – to put to rest the aggressive, wicked Germany of the two world wars.  They have gone way above and beyond the call of duty in being “good Europeans” and making things work.  But it is too much to ask that hard working, sensible Germans should have their economy killed off simply because Eurozone bureaucrats and profligate foreigners don’t want to pay the piper.

The bad news here – because Germany is unwilling to sign off on Eurobonds, there is not much the European Central Bank can do to sustain European banks and markets. Could be a rocky Monday in Europe…

Gaddafi Quits?

From the Telegraph:

…Following an emergency EU meeting of foreign ministers on the situation in Libya, Mr Hague was asked if Britain, or other Western countries, knew if Col. Gaddafi had left Tripoli.

“About whether Col. Gaddafi, is in Venezuela, I have no information that says he is although I have seen some information that suggests he is on his way there,” he said.

British officials stressed that Mr Hague was referring “not to media reports but information from other channels”. “This is credible information,” said a diplomat…

We’ll know in a day or two if this is the case – good riddance to bad rubbish.  But, also, quite a mess to be cleaned up…and one which would have been cleaned up months ago, at much lower cost in blood and treasure, if President Obama had acted with force and decision early on.

What our concern must be now, outside of humanitarian assistance to those injured and displaced by war, is what sort of government emerges.  Reasonably sane, sorta-democratic – good.  Screwball Islamist, not so good.  And I would discount all current information on those leading the rebels – we don’t really know what they are about, and there could be massive changes in that area as the spoils of victory get divvied up.

The Crisis Between Egypt and Israel

Getting a little hotter while diplomats scurry – from the New York Times:

Diplomats scrambled to avert a crisis in relations between Egypt and Israel on Saturday, and the Israeli government issued a rare statement of regret for the killing of three Egyptian security officers by an Israeli warplane.

Tensions between the two countries, which on Saturday led Egypt to announce that it would recall its ambassador from Tel Aviv, reached the worst point since the Camp David peace accords three decades ago, spurred by a burst of violence along their shared border in the Sinai Peninsula. A series of attacks there killed eight Israelis on Thursday; the Israeli government then retaliated against Gaza-based militants, and the three Egyptians died in the crossfire…

My question: were the security officers in Gaza?  If so, why?  If they were, then it is yet another indication that at least elements of the Egyptian government are fomenting war between Egypt and Israel.  That is really the crucial issue…not who killed whom, but why certain people did certain actions.

Naturally, the diplomats will miss this – their whole desire will be just to paper over the cracks and essentially pretend that nothing happened.  But something has happened…and it is a disturbing development in that Egypt may be in the process of breaking the peace treaty.

The best course of action right now is an assertive stance by Israel – a refusal to allow things to slowly disintegrate.  Put the Egyptians on the spot – do they want peace, or do they want war?  Either all attacks from Gaza cease, or not.  That is the price of real peace between Egypt and Israel at this moment – anything less than that means war, even if conventional battles are put off for months or years.

Dignified Sluts?

From the Washington Post:

Women draped sexy lingerie over their street clothes as they marched through Cape Town on Saturday, bringing an international campaign against the notion that a woman’s appearance can excuse attacks to a country where rape is seen as a national crisis…

… “SlutWalks” originated in Toronto, Canada, where they were sparked by a police officer’s remark that women could avoid being raped by not dressing like “sluts.” “It’s very important that women should understand that their dignity should not be taken away from them,” said Tayla Orgill, who was among the Cape Town walkers…

One does wonder – does Ms. Orgill own a dictionary?  Does she know what “dignity” means?

To be sure, a woman dressed like a slut does not excuse rape – but being dignified does require a modicum of modesty in dress.  A woman wearing a miniskirt and a low cut blouse does not deserve to be raped, but she is also by no means dignified while so dressed.  In fact, a woman dressed like that has deliberately decided to present herself to men as a mere object – dressing like that is a to say, “hey, look upon me as a sexual plaything!”.

In contrast to the sheer idiocy of a “slut walk” for female dignity, I offer the words of Mary Lane over at Catholic Exchange:

…I don’t know that I can point to a moment when things changed. All I know is that last summer I was in a bikini, and this summer I’m not. Several months ago, I hardly thought twice about what the effect of what I am wearing will be on the men I meet out in public, and now I never leave the mirror in the morning without thinking about it.

I have come to realize that we live in a world in which guys are virtually expected to objectify women’s bodies. Of course, there is a difference between “appreciating” and “objectifying”—one is natural, the other is sinful. But that line is really thin for a guy, and it’s pretty hard to control—especially when he’s walking down the beach on any given Thursday in August.

This doesn’t mean that every guy who sees you in a bikini is objectifying you—it just means that it’s probably really hard for him not to, at least on some level…

I’m building up quite a list of things I’ll keep saying until everyone agrees with me, because I’m right.  Among them is the fact that advertising works.  The reason that literal tens of billions of dollars are spent every year on advertising is because it works – it convinces people to do things they might otherwise not have done.  Not everyone, of course.  Show a car ad to a million people and hardly any of them will head down to the dealership and buy a car…but a few will.  And that is why advertisement is done…not to get everyone to do it, but to get a few who wouldn’t have done it unless presented the offer via advertisement.

In a sense, everything we see is an advertisement.  And one of the things we see all the time in our society is enticements to sexual activity – coupled with, of course, the complete objectification of those who would gratify sexual desire.  You see it everywhere…car ads, beer ads, vacation ads…all of them spice their message with sexual content.  A woman walking down the street dressed like a slut is just another form of this advertisement, and like all advertisement it won’t move most people to act…but it will move some, including some who have been so heavily propagandized by advertising that they’ve lost all sense of decency.  These are the men who won’t take “no” for an answer…men who, indeed, consider it an outrage that any woman would ever dare say “no”.  So, they take what they want.

This is not to say that a reduction in advertising for sex would eliminate rape…but the fewer advertisement, the less it is shoved front and center of public consciousness, the less likely it is that any particular man will be moved to do it.  An additional benefit of this would be an overall improving of the moral tone of the public square…even men who never move towards direct evil are yet corrupted in their hearts by the advertising, becoming less respectful, and also less willing to defend honor when it is attacked.

The most important thing to remember here is that if we want to be people who are respected and treated as dignified human beings, then our duty is to act respectable and dignified.  A well dressed young man or woman of good manners is someone to whom respect and dignity naturally flows…it is asinine to expect a badly dressed man or woman acting like a rutting beast in public should be respected or thought of as dignified.   This “slut walk” is a negation of dignity…and the real pity is that those participating in it have been so hoodwinked by modern lies that they don’t even understand what they are doing.

HAT TIPHot Air

Democrats Go in to Panic Mode

Trying to save Wiener’s House seat – Jammie Wearing Fool has the details:

Maybe the folks in Brooklyn and Queens ought to make this a referendum on the failed Obama presidency. Considering he’s at a meager 36% approval in New York, a victory for GOP candidate Bob Turner would send shockwaves nationwide. So naturally the Dems are pulling out all stops. And you’ll never guess how they’re labeling Turner.

Nervous state Democrats are flooding voters with mailings blasting Republican candidate Bob Turner in the hotly contested 9th Congressional District, upping the ante in the closer-than-expected race to succeed disgraced ex-Rep. Anthony Weiner.

With President Obama’s standing in the polls in free fall, the state Democratic Committee’s mailings to Queens and Brooklyn residents accuse Turner of being a “Tea Party extremist” who wants to dismantle Social Security and Medicare.“…

We’ll see if it works – right now, the Democrat leads in polling by 6 percentage points, which you might think is healthy, but Democrats outnumber Republicans in the district by three to one.  This should be a walkover for anyone with a “D” after his name…but it’s not.  Also doesn’t help Democrats that Ed Koch, a true patriot, has crossed party lines to endorse the Republican (who is, by the way, a New York Republican…trying to paint him as some sort of frothing at the mouth conservative is absurd; but lies never present any difficulty to Democrats).

A message does need to be sent to Obama and his Democrats – something which will tell them that if they don’t ditch their extremism, the voters will punish them.  A win or even a close loss in this heavily Democrat, NY House seat would do it.  Whether or not Obama and Co will listen is another matter…

Pennsylvania Poll: Obama Approval at 35%

From The Morning Call:

President Barack Obama, who political experts say will need a win in Pennsylvania to retain the White House, dipped to 35 percent approval among the state’s registered voters, according to a Muhlenberg College poll released Friday…

…f there is any silver lining in the poll for Obama, it’s that 31 percent of Pennsylvanians say their vote in November 2012 will depend on who the Republican candidate is. And Obama still slightly edges out an anonymous GOP contender 36 percent to 31 percent…

If your “silver lining” is that you’re scoring 36% against a yet-to-be-determined opponent, then it is pretty tarnished silver.

To be sure, Pennsylvania is a pretty blue State – but it does have some red leanings, as shown by the election of rock-ribbed conservative Pat Toomey to the Senate.  More than likely, Obama will be able to pull out the win in Pennsylvania – GOP hopes State-wide usually falter because of Philadelphia, which is completely under the control of the corrupt, Democrat machine and can usually be counted on to deliver the State for the Democrat (as I think they did in 2004 when the only place Kerry won decisively was Philadelphia, with Bush either carrying or being in a close tie in the rest of the State).  But, that said, this polling shows that Obama will have to fight for the State – money and time will have to be spent there which Obama will desperately need elsewhere.

The way the electoral map is building up for 2012, Obama is going to be spread mighty thin and he’s going to have to thread quite a small needle to win.  He still very much can do it…even if he loses the popular vote, he can cobble together 270 electoral votes…but only if Pennsylvania is in his pocket.  The GOP should start planning to pour massive resources in to that State…even if we don’t win it, it will weaken Obama elsewhere and make our task easier.

HAT TIPHot Air

Hey, Guys, How About Another Evolution Thread?

We always seem to have fun with these – and the set-up asking Perry about evolution is an excellent place to start.

Perry answered the question well – no one knows how old the earth is, kid.  Rather disgusting that you can hear mom trying to prompt the kid to ask gotcha questions.  This is the level of the debate we’re going to have in 2012.

But, that aside, one of the more amusing aspects of the whole debate is the way the other side gets itself tied up in to knots.  Demanding that unless hard, provable science, it just has no place in the debate.  Missing is any understanding – any reasonable thought – about the fact that the person demanding that science be the measure of all things does not even begin to put the marvel of man in to the equation.  As G K Chesterton put it in The Everlasting Man:

It is not natural to see man as a natural product. It is not common sense to call man a common object of the country or the seashore. It is not seeing straight to see him as an animal. It is not sane. It sins against the light; against that broad daylight of proportion which is the principle of all reality. It is reached by stretching a point, by making out a case, by artificially selecting a certain light and shade, by bringing into prominence the lesser or lower things which may happen to be similar. The solid thing standing in the sunlight, the thing we can walk round and see from all sides, is quite different. It is also quite extraordinary, and the more sides we see of it the more extraordinary it seems. It is emphatically not a thing that follows or flows naturally from anything else. If we imagine that an inhuman or impersonal intelligence could have felt from the first the general nature of the non-human world sufficiently to see that things would evolve in whatever way they did evolve, there would have been nothing whatever in all that natural world to prepare such a mind for such an unnatural novelty. To such a mind, man would most certainly not have seemed something like one herd out of a hundred herds finding richer pasture, or one swallow out of a hundred swallows making a summer under a strange sky. It would not be in the same scale and scarcely in the same dimension. We might as truly say that it would not be in the same universe. It would be more like seeing one cow out of a hundred cows suddenly jump over the moon or one pig out of a hundred pigs grow wings in a flash and fly. It would not be a question of the cattle finding their own grazing ground but of their building their own cattle-sheds, not a question of one swallow making a summer but of his making a summer house. For the very fact that birds do build nests is one of those similarities that sharpen the startling difference. The very fact that a bird can get as far as building a nest, and cannot get any farther, proves that he has not a mind as man has a mind; it proves it more completely than if he built nothing at all. If he built nothing at all, he might possibly be a philosopher of the Quietist or Buddhistic school, indifferent to all but the mind within. But when he builds as he does build and is satisfied and sings aloud with satisfaction, then we know there is really an invisible veil like a pane of glass between him and us, like the window on which a bird will beat in vain. But suppose our abstract onlooker saw one of the birds begin to build as men build. Suppose in an incredibly short space of time there were seven styles of architecture for one style of nest. Suppose the bird carefully selected forked twigs and pointed leaves to express the piercing piety of Gothic, but turned to broad foliage and black mud when he sought in a darker mood to call up the heavy columns of Bel and Ashtaroth; making his nest indeed one of the hanging gardens of Babylon. Suppose the bird made little clay statues of birds celebrated in letters or politics and stuck them up in front of the nest. Suppose that one bird out of a thousand birds began to do one of the thousand things that man had already done even in the morning of the world; and we can be quite certain that the onlooker would not regard such a bird as a mere evolutionary variety of the other birds; he would regard it as a very fearful wild-fowl indeed; possibly as a bird of ill-omen, certainly as an omen. That bird would tell the augurs, not of something that would happen, but of some thing that had happened. That something would be the appearance of a mind with a new dimension of depth; a mind like that of man. If there be no God, no other mind could conceivably have foreseen it.

Try as they might, the fundamentalists of evolution cannot get ’round the fact of man being what he is.  We don’t naturally follow from what came before.  We are similar to chimpanzees in a large number of ways except in those ways which make a man a man.  Elsewhere, Chesterton notes that it isn’t a matter of a chimp doing something badly and man doing it better – man does things that no chimp ever did, or ever could do.  Go back a million years and there is nothing in the simian species you can find which indicates that at some future date, quite by accident, one of them will randomly evolve a capability and a desire to decorate his body with paint or clothes…there is nothing in the animal world or the concept of evolution which prepares for the time when a creature will suddenly spend time and energy making art, that indelible signature of Mankind.

And as the evolutionists refuse to consider this – a plain fact – the debate grinds forward in a rather sterile manner, and ever more clearly becomes not a defense of science and truth, but a mere desire to suppress an uncomfortable thought:  perhaps it isn’t all an accident?  Maybe there is a design and a purpose in the universe?  Maybe there is even a Designer who wants something of us?

My thinking on this subject is rapidly leading me to the conclusion that, at bottom, this rigid, hysterical demand that we turn away from what common sense proclaims is, in the end, no more than a fierce desire to defend adherence to a lie.  As it turns out, the lie being adhered to is the first lie of hell – “you will be like gods”.  Beings who evolved by accident from a senseless universe of no purpose owe nothing to anyone…they need not serve, and they are free to rule as far as their own power and inclination leads them.  Introduce even the possibility of God and purpose in to the universe, and all of a sudden you become a debtor who owes someone every last thing you have.  Some of us react with joy to this discovery and eagerly seek to thank our Benefactor…others furiously reject this and demand not only their right to believe differently, but further demand that no one else even bring up a question which casts doubt upon the evolutionist viewpoint.

To me it is a matter of perfect indifference whether the world is 6 billion or 6 thousand years old.  It doesn’t alter in the least the actual facts I have to deal with every day.  I don’t care if someone teaches about a 6 billion year old world and a slow, purely accidental evolutionary development.  I also don’t care if someone teaches that the world sprang directly in to being as it is at the command of God in 6 literal days.  Far more important, to me, than the mechanism of existence is the fact of my existence, and what I shall do with it.  But regardless of what I think, the fact is that those who hold to a rigid, ideologically blinkered view of the creation of the universe are trying to advance a particular agenda – an agenda which doesn’t so much question God but seeks to ban His presence from the public square.  My view is that the fight between Evolution and Design is not about the relative merits of the viewpoints, but about the right of people of different views to engage in the debate.

The gotcha questions to Perry are part of that larger design – that effort to de-legitimize a different view.  The attempt was to try and trip Perry up and hold up Perry and the whole concept of a Divine order to ridicule.  And, so, we have to fight this out – if for no other reason than to defend human reason and liberty.  Reason because people who think can come to widely different views; liberty because if those widely different views cannot be brought in to the public square, then none of us are free.