Increasingly Desperate, Coons Calls for Tax Cuts

Not the action of a man allegedly cruising to victory over the hapless, screwball O’Donnell – from ABC News:

Chris Coons changed his previous position on the Bush era tax cuts this morning telling me that he would support extending all of the tax cuts for everyone for “several years.”

“I am committed to extending the Bush tax cuts for 98 percent of Americans for everybody making up to $250,000, but I would extend them for everyone,” the Democratic candidate for Delaware’s Senate seat told me on “GMA.”…

He’s still got the inside track to victory as Delaware is a very blue State – but having Obama come out to rouse the base and now calling for an extension of all the Bush tax cuts shows that O’Donnell has a path to victory, and Coons is trying to cut her off at the conservative pass.

Work with a will for victory, fellow conservatives – there are no safe Democrats out there.

Rush is Right: We Battle the Elite

From Rush – a GOP Senator makes squishy sounds about compromising on ObamaCare:

…Well, now it’s official. The elites in the GOP want to compromise with the Democrats, and they think that’s what you want. It’s all over the news today, and there’s a bunch of lessons here. Here’s how to blow the greatest election opportunity you’ve ever had since 1894, here’s how to blow it two weeks out, and at the same time here is how you form a third party, how you create the circumstances a third party would form.

This is the problem. The elites inside Washington, I don’t care what party, Republican, Democrat, cocktail, doesn’t matter what party, it’s the elites, we need to break the back of the elites out there. They have nothing to do with this grassroots movement that’s the Tea Party, nothing whatsoever. They have nothing to do with any victories in this election. This is going to be very key. All of these big time wins that are on tap two weeks from today, the elites will have had nothing to do with it. The elites have, in fact, stood in the way. The elites have decried and pummeled all of the Tea Party people and the candidates that have arisen from this effervescent grassroots movement. It’s the elites in both parties who paved the way for Obama. It’s the elites in both parties who gave us Senator McCain. The elites in both parties spent like liberals; they paved the way for McCain, they paved the way for Pelosi, for Harry Reid, and Obama. And now they’re sitting in Washington hoping to benefit from the results of an election that is in part in response to their malfeasance…

Never forget that the Ruling Class includes a sizable minority of the Republican Party. These are the Republicans who live for a glowing write-up in the Washington Post; for invitations to the socially important parties; who crave the approval of the liberal part of the Ruling Class. All of the Ruling Class wishes to remain in power – while Republican parts of it are willing to get to committee chairmanships via TEA Party votes, don’t for a moment think they won’t cut us off at the knees if they think they can get away with it.

After November 2nd, we’ll be down to about 10 of this sort of GOPers left in the Senate, maybe a couple dozen in the House. They’ll be eagerly scouting out their chance to become “mavericks” and darlings of the MSM by throwing us over and going along with Obama. They’ll hope to do it in a manner which doesn’t jeopardize themselves in 2012 and beyond, but they will try.

This is why our real task begins on November 3rd. We must keep up the pressure to the point where the RINOs become simply afraid to cross us. We’ve already thrown three of them over here in 2010 and that is a good lesson for them – but I think it will take a bit more convincing before they realize that they stay in office only with our permission, which will be withdrawn the moment they compromise with the liberalism which has bankrupted America.

And if they prove intractable? If they manage to get over on us and get in to bed with Obama to thwart us? Well, then that will be the time to consider forming a new party to replace the GOP. Mark my words: we’ll do it. I’m as rock-ribbed a Republican as they come, but no party is more important than the United States. If the Republicans fail us, then the Christian Democrat or Constitutional Republican party waits only to be called in to existence.

Boxer's Final Gambit: Culture of Death, Save Me!

American Papist notes that Boxer is bringing out the big guns of the Culture of Death, hoping that there is one more victory to be wrung out of the corpses of children:

Boxer is relying on the abortion industry’s money to help finance her final campaign expenditures, as Kathryn Lopez at National Review reports:

Barbara Boxer, fighting for her Senate seat, is making the closing argument about abortion. During an event which could easily become poster fodder, Senator Boxer flanked herself with Hollywood — Amy Brenneman and David Eigenberg (Steve from Sex and the City), among others — and the abortion political establishment. At the event, Nancy Keenan, president of NARAL Pro-Choice America, described Boxer as “the brightest star in the galaxy of pro-choice leaders in our country.”

My prayer for the election has been that on November 2nd those who defend life, justice and mercy triumph – no mention of party or platforms, just that plea that we get leaders worthy of a great and good nation. Barbara Boxer is antithesis of all that – a stalwart for the unjust, merciless taking of innocent human life.

I do believe her days in politics are numbered: polling has shown Boxer pretty consistently ahead, but has also shown her just as consistently below 50%. For an incumbent, that is usually the kiss of political death. People know her; she’s been around for ages…people who are undecided at this late stage don’t tend to break heavily for the incumbent. Boxer knows this – and this thus hoping an appeal to Death will motivate the liberal base in Los Angeles and San Francisco to save her bacon. My bet is that on election day, Boxer will come up short as a surge of GOPers outlasts whatever dregs of liberalism Boxer can still get to the polls.

But, nothing is certain – if you live in California, be sure to vote; volunteer, if you can. In California or out, pray – pray that the cause of life will gain an ally and lose an enemy on November 2nd.

Poll: Raese Opens 7 Point Lead in WV

From Rasmussen:

Republican John Raese has now opened up a seven-point lead over West Virginia Governor Joe Manchin in perhaps the most improbably close U.S. Senate contest in the country. It’s Raese’s biggest lead yet.

A new Rasmussen Reports telephone survey of Likely West Virginia Voters finds Raese with 50% support to Manchin’s 43%. Two percent (2%) like some other candidate in the race, and five percent (5%) are undecided…

Can’t but envy West Virginians – seems that Manchin has been a pretty good governor, so West Virginians will get to keep the man they want in West Virginia while sending the man they need to DC to block Obama.

Still a very high hill to climb for the GOP to win a Senate majority (and in a lot of ways, having 50 or 49 GOPers would be best, anyway), but if we take West Virginia it becomes a definite possibility.

Miss Me Yet? Update

From Tyler Paper:

…Bush spoke Tuesday before a sold-out crowd of 2,000 people during the 76th lecture as part of The University of Texas at Tyler’s Distinguished Lecture Series.

He walked on the stage to a standing ovation. People in the audience were pumping their fists and whistling. One audience member shouted, “Bring back Bush,” at one point during the presentation.

He would receive at least two more standing ovations before the end of his speech…

Told you we’d miss him. A good and honorable man replaced by the perfect political idiot – as some have said, our hope is that Obama only winds up as bad as Carter. Meanwhile, we’re going to search for someone who rises above him (or her!) self and seeks the public good, not self aggrandizement to replace the clown we have now.

Creating "Stagflation" on Purpose

From the Daily Capitalist on the apparent desire of the Fed to print money until inflation kicks in, thus “reviving” the economy:

..These “modern” economists ignore the need to deleverage and the need for malinvested capital tied up in unprofitable ventures to be liquidated and then reinvest capital in new profitable ventures. They ignore inflation’s distortion of the economic function of the act of saving which gives false go signals to producers of higher order goods (goods that take a long time to make). They ignore the creation of a new boom-bust business cycle based on a papered over mirage of fake profits. They ignore the fact that once the inflation stops, the economy collapses again.

President Evans is a big QE guy and he has been writing a lot about it lately and he has a vote on the Fed’s policy decisions (member of FOMC). Mr. Evans favors a “targeted inflation rate” which means they will print money until they achieve their desired inflation target of about 2%. Oh, and here is the latest idea which various Fed economists have invented: the “inflation deficit.” What they mean is that they can create price inflation higher than 2% for a while because since we’ve had price inflation below the 2% target we can sort of average out to 2% inflation over time. Hey, you can never have enough inflation according to these guys…

…I hope you appreciate the 13% devaluation of the dollar by 2014…

Do read the whole article because this is really what they want to do. Grasp that: they want your money to become rapidly worth less in order for you to stop saving money and go on a spending spree…and if you can throw in a bit of borrowing at the same time, so much the better. This is the economic insanity we live under – a world in which hard work, savings and careful investment is set aside in favor of a “get rich quick” scheme of economic “pump priming”.

Take it as a given that they will try this – though not, of course, until after the election. And don’t think of it as some sort of weird conspiracy: its really no more than the financial bosses having been raised on Keynesian economics and not knowing any other way to act. They really think they’re going to get us out of this mess by being even more profligate and silly than we were getting in to the mess.

We can hope that a new GOP House (and, just perhaps, a GOP Senate) will be able to put the brakes on this, but the Federal Reserve is rather outside the control of Congress (and that is part of a conspiracy, of a sort: the banksters and bureaucrats never, ever wanted the people or their representatives to have a say in monetary policy); it would take legislative action to stop them, and that would take Obama’s consent. There is an outside chance we could get that consent, but it is likely that as any moves will come from the GOP, Obama will be easily convinced to reject it simply for that reason.

The end result of all this will be, as noted in the linked article, a return to the “stagflation” of the 1970’s – rapidly rising prices while unemployment skyrockets and interest rates go stratospheric. Everyone’s grand mother will tell you that there is no free lunch and no short cut to success…but our Keynesians are convinced of both things.

Its going to be a long, long year in 2011…

HAT TIP: Zero Hedge

UPDATE: The Brits figure it out.

John McCain: Meghan Wrong on O'Donnell

Dad chimes in on daughter’s immature remarks – from ABC News:

Meghan McCain got some buzz on Sunday by calling Christine O’Donnell a “nut job,” but on “GMA” today her dad didn’t take the bait.

“My daughter and I have very spirited conversations from time to time and it’s a lot of fun,” Sen. John McCain told me. “With all due respect to my daughter, the primary voters of Delaware chose Christine O’Donnell and she’s the candidate.”…

Meghan McCain is someone who doesn’t seem to understand that the liberal MSM loves her simply because she’s the daughter of John McCain and is willing to say hard things about Republicans the MSM really hates. She keeps saying these things because she gets applause when she does – she’ll find out, though, that if she actually strays in to advocacy of a genuinely conservative position, that her MSM friends will turn on her.

With age comes wisdom, we hope – and perhaps Ms. McCain will eventually find it. Be terrible if she wound up like Ron Reagan in the future…

Jimmy "Rent is Too D*** High" McMillan: Reaganite

Interesting bit over at NRO’s The Corner:

…McMillan refuses to speak ill of his rivals, Carl Paladino and Andrew Cuomo. A veteran of the Vietnam War, McMillan says Paladino “is my brother because he was a captain in the United States Army for five years. I would never say anything negative about him. He told me his credentials backstage before the debate. I didn’t know. I wanted to eat him up. But now he’s my brother.”

Still, there’s one politician McMillan admires: Ronald Reagan. The 40th president charmed audiences with his impeccable sense of humor, and McMillan tried to emulate his example last night. For instance, at one point he rhymed his answer: “There’s nowhere to go. Once again, why? You said it, ‘The rent is too damn high.’” The audience roared. “Once the other candidates heard that,” he says, “they were doomed.”…

Clearly a gentleman of unique insight and talent – I wish him well.

Obamunism! Gallup: Unemployment at 10%

Of course, this won’t be official until November 5th…three days after the election:

Unemployment, as measured by Gallup without seasonal adjustment, is at 10.0% in mid-October — essentially the same as the 10.1% at the end of September but up sharply from 9.4% in mid-September and 9.3% at the end of August. This mid-month measurement confirms the late September surge in joblessness that should be reflected in the government’s Nov. 5 unemployment report.

The thing this most clearly shows is that unemployment is rising – and rising pretty fast. I’m betting that the Bureau of Labor Statistics has fudged the numbers over the past few months to keep the official rate below 10% for the election, but once that is past they’ll have to put their numbers back in line with reality. Expect a pretty hefty bump in the unemployment number on November 5th.

We’re spiraling downwards – Obama’s policies have failed. The next Congress will have to get a grip on this by slashing spending, retaining the Bush tax cuts and generally making things so that wealth can be created.

HAT TIP: Mish’s