Charlie Crist Takes the Un-Republican Route

Hot Air has the details of Crist’s veto of a Florida education bill which would have tied teacher raises to student test scores – and the very negative reaction not just of former governor Jeb Bush, but also Crist’s political mentor, former Senator Connie Mack, who has now resigned as chairman of Crist’s campaign.

Ok, so is this just a bit of boneheadedness on the part of Crist, or a preparation for switching to Independent? Sort of getting himself kicked out of the party as bogus-justification for ditching the GOP primary?

Time will tell.

Tax Day TEA Party Open Thread

We’ll update from time to time during the day as events transpire. I hope to get some video of local events which I’ll link to over at Noonan for Nevada. If you come across anything you think note- or link-worthy, let us know.

Meanwhile, what does it all mean to you? The TEA Party? The revolutionary ferment in the nation? The increasing unpopularity of Obama and his Democrats? Are you attending a rally today? Are you a kook leftist assigned to infiltrate a rally (OO, we’re looking at you)?

This is an open thread, but try to keep it to the various aspects of today’s TEA Party events.

UPDATE: Sorry about light updates today – but here we go.

I got to the TEA Party rally in Henderson, NV. At least 500, maybe as many as 1,000 showed up. Nice crowd, strongly libertarian and in another blow to the slander about TEA partiers being racist, there were black people there.

We did have infiltrators, after a fashion. They didn’t have the guts to get in to the thick of it – preferring to stay about 100 yards away, shouting obscenities at little girls and housewives as they walked towards the demonstration. Classy – and just oh, so liberal.

We’ve got some bad video up at Noonan for Nevada – with much, much better video to come.

UPDATE II: Pajamas Media has a run down on several “crashers”. Mostly, they are pathetic.

UPDATE III: A New York Times (yes, that New York Times) poll shows that TEA Partiers are, well, not at all what liberal bigots think they are.

The Need for Conservative Banking Reform

Michael Barone writes up what the GOP should be thinking of in the upcoming debate over banking reform:

The big media tends to portray Republicans as opposed to all financial regulation. But every intelligent person knows that some form of financial regulation is necessary. And the 2008 financial collapse shows we need smarter regulation that will discourage, not encourage, government bailouts of Wall Street.

Republicans have good policy and political reasons to argue not for weaker regulation but for tougher regulation of Wall Street firms. They should oppose resolution authority that helps the big firms and, while they’re at it, seek to increase the capital requirements on such firms that are left vague in the Dodd bill. Democrats have taken the side of Wall Street. Republicans should stand up for Main Street — and taxpayers — instead.

It is a myth – but a durable one – that the GOP is the party of big business and/or bankers. It used to be so, but mostly since Goldwater and definitely since Reagan, big business types really haven’t found a home in the GOP – but they have found a home in the Democrat party.

There are two reasons for this: one, the leaders of big business tend to be educated at the same elite universities as the leaders of liberalism; they are steeped in the same worldview as the left. Two, the leaders of big business prefer to cut deals with big government rather than, say, make the best product or do a good overall job.

But the debate over banking reform will bring out the class war rhetoric from the Democrats – we GOPers will be cast as defenders of big business by Democrats who are raking in donations from same. The proposed reforms of the Democrats will thus be long on anti-business rhetoric, short on anything which might actually make big business more responsive to the needs of the American people.

And there in lies our big chance to break out of the liberal parameters of the debate. We can craft a reform message which attacks the actual problems – which actually will force big business to work for the benefit of America, rather than for the benefit of the corporate bosses and their kept politicians in the Democrat party.

Lots of things can be done, but I think the key element of a conservative reform of banking – or a conservative reform of any big business activity – is to enforce the notion that if you’re going to make piles of money, you’d better do so by creating something useful. Banking is vital in a modern, free market economy – it is the necessary mechanism for distributing capital around the economy. Our job is to ensure that this capital is directed towards wealth-creation, rather than merely piling up cash and awarding big bonuses to a select few.

It is an absurdity, for instance, that we would allow an investment firm to cook up screwball things like credit default swaps. Its nice for bankers because they can make money if an investment works, or goes south – but it doesn’t actually do anything to create wealth…and thus it doesn’t do anything to create jobs. Conservative reform would be to put an end to such scams (which have played such a huge role in our current economic crisis) and encourage wiser use of money.

This sort of reform would allow us to war on the bankers who have made such a hash of things while preventing us from falling in to a Statist model which would merely substitute government for corporate idiots in the mismanagement of capital. It would also, of course, put us on the side of the people – not “the people” in Democrat terms, which is just a mythical prop in a leftist morality play, but the real people – the people who do the work of this nation and who will astound the world if just given the chance to create wealth unfettered.

Yeah, I Guess We Do Miss Him

Interesting poll:

Americans are now pretty evenly divided about whether they would rather have Barack Obama or George W. Bush in the White House. 48% prefer Obama while 46% say they would rather have the old President back.

Meanwhile, the Ronulans will love this:

Pit maverick Republican Congressman Ron Paul against President Obama in a hypothetical 2012 election match-up, and the race is – virtually dead even.

A new Rasmussen Reports national telephone survey of likely voters finds Obama with 42% support and Paul with 41% of the vote. Eleven percent (11%) prefer some other candidate, and six percent (6%) are undecided.

The bloom is clearly off the rose…

Rumors of a Crist Independent Bid Continue

I’d like to think that Crist has put this issue to bed – unless he’s a bald-faced liar, he has. And yet, the rumors that he’ll bolt the GOP and run as an independent just won’t die:

Florida Gov. Charlie Crist dodged another question Wednesday about whether he would run for the U.S. Senate as an independent, the Associated Press reports. The question referenced this story in today’s Wall Street Journal on how some of his advisers are pushing Crist to abandon his lagging Republican primary campaign.

Others are now wondering: How could Crist make such a move after his manager campaign, Eric Eikenberg, so vehemently denied it just last week. Eikenberg’s statement last week included this line: “To put these rumors to rest once and for all, as we have said countless times before, Governor Crist is running for the United States Senate as a Republican. He will not run as an Independent or as a No Party Affiliation.”

Which would, once again, seem to put an end on it for this story – but it keeps going and going and going. It could be, of course, that Democrats are keeping the drumbeat up in order to split the GOP vote – which is about the only way the Democrats could win in Florida this year.

Be that as it may, it is clearly decision time for Crist – his best move is to bow out gracefully and either try again another year, or wait for a Cabinet post in President Pal…errmmm…I mean, a Cabinet post in the next Republican Administration. Keeping at this forlorn race just hurts Crist’s chances elsewhere – while running as an Independent would mean the end of his career.

Yes, Our Government Finances are a Nightmare

Its just as bad as you thought:

f you listen to certain politicians and talking heads you might get the impression that the federal fiscal sky is falling. Unfortunately, unlike Chicken Little, they may be right.

The Treasury Department recently issued the 2009 financial report of the United States government. Whereas there is lots of talk in Congress and in the press about the federal budget, the annual report was released to near silence. That’s too bad, not only because the annual report is untainted by creative accounting but also because its message is too important to ignore.

That message is that the sky is indeed falling…

Do read the linked article – but to nutshell it, our government is in the hole by at least $57.4 trillion dollars. If we don’t change course, then mere interest on government debt – just the interest! – will eat up 10% of GDP by 2040. That might seem like a long way off, but its when my grand-daughter will be trying to make a living and, presumptively, raise a family.

I’m not going to sit still for this – I’m not about to allow liberals in 2010 to steal the future of 2040. Revolutionary change is necessary, and it will be accomplished.

Who is Behind "Crash the TEA Party"?

A hate-filled, kook-leftist, of course:

As you may suspect, crashtheteaparty.org was not created by a Republican or an independent, but instead by someone with a red-tinted sickle to grind. In this instance, the suspect appears to be a conspiratorial 36-year-old from the Pacific Northwest named Jason Levin. He started promoting the site on April 8 on his personal Twitter account, but failed to do an adequate job of covering up his personal information when he registered the domain five days earlier. He later attempted to cover his tracks, but the original information was quickly disseminated around the internet by those who wondered who was behind the group…

…Levin…is a middle school technology teacher who isn’t impressed by his students or his current job. He promotes a Firefighters for 911 truth site, which establishes his own conspiratorial bona fides as a truther. He indulges in his dislike of Republicans in general and in Sarah Palin and Glenn Beck in particular. Predictably, he doesn’t like Fox News. Other tweets on Mr. Levin’s page indicate that he is pro-ObamaCare and loves Keith Olbermann. Interestingly enough, he claims to not be a Democrat — presumably, his views are further to the left.

This is the core opposition, boys and girls – absolute screwball, nutcase leftists. Used to not be like this. Our toughest fights actually used to be with people like retiring Congresscritter Stupak. But back in 2003, Democrat leaders, gulled by Moore’s Fahrenheit 9/11, allowed the insane to have a seat the table, and here we are.

They are hoping to “expose” us – what will actually happen is we’ll expose them. I’m going to one of the Tax Day TEA Parties, myself, and I will be armed with my video camera…we will find any of these idiots who show up and we will expose them for what they are. Be sure to do the same, yourself – do not attend a TEA Party without a means of recording what happened.

As we roll towards November and things stubbornly refuse to get better for the Democrats, we can expect ever more desperate tactics from the left. Brace yourself for it – and keep a clear eye on the goal. Don’t get mad – get to the polls.

The Crowning Glory of Obamunism

A junk bond rally:

Record U.S. junk bond sales and a rally in leveraged loans are chipping away at the $1.2 trillion wall of maturing debt that’s threatened to cause a surge in defaults…

…Market watchers from Fridson to Bank of America Merrill Lynch strategist Oleg Melentyev to Robert Khuzami, the director of enforcement at the U.S. Securities and Exchange Commission, have used the term “maturity wall” to describe the wave of bonds that need to be refinanced in coming years…

To translate from the Banksterese: companies are up against a wall of debt which is coming due in 2010 and 2011. This debt will cause a lot of companies to fail – so, they need to pay off the debt. Except they can’t – so, they’re selling junk bonds to refinance it.

They are refinancing low interest debt with high interest debt.

Its like a credit card balance transfer for idiots. Or, in this case, for the idiots who run our larger corporations and are only hoping they can kick the can down the road until they get their golden parachute.

All of this will be fine – if the economy goes on a massive boom and allows these companies to earn enough money to not only keep up with current expenses but also provide the massive amounts of money that will be needed to redeem these bonds at maturity. And if the economy doesn’t go on a rampage?

Then, they’re screwed. Won’t be able to redeem – will have to either refinance at an even higher rate, or go belly up.

This is the sort of thing I see which convinces me that we’re not in a recovery. We are in a speculative bubble fueled by easy money from the Federal Reserve and the US Treasury – as well as central banks around the world. Heard today that China will post 11.7% growth – its either a complete fraud (ie, made up numbers by Chinese apparatchiks who don’t want to bear ill tidings to the Central Committee), or a massively overheating economy which cannot sustain itself. Its like that all over the world – growth fueled by funny money.

Until the proof comes crashing down ’round our ears, I’ll have no way to show the boosters of this that they’re fools. You can never convince a speculator that he’s got it wrong until he’s selling apples on the street corner, as it were. But this cannot go on – at some point, the system will hit overload and the crash will be spectacular. Today, tomorrow, next week, next month, next year – one day, certain, it will happen.

I tend to think that once we get in to the junk bond rally phase, we’re probably not too far off the crash.

Disposing of a Another Pro-Abortion Myth

This one being the story that Red States have higher rates of abortion:

What about Koppelman’s arguments about culture, contraception, and sex education? Well, once again the data clearly show that Koppleman is incorrect. Data obtained from the Alan Guttmacher Institute shows that the 31 states that were won by George W. Bush in the 2004 election had an average abortion rate of about 12 abortions per thousand women of childbearing age. The 19 states that John Kerry won had an average abortion rate of over 20. The results were similar when data from the Centers for Disease Control was used.

Furthermore, the five states where John McCain received the highest percentage of votes in 2008 had an average abortion rate of 6.9. The five states where Barack Obama received the highest percentage of votes in 2008 had an average abortion rate of 22.6. Overall, it seems clear that politically conservative states have, on average, lower abortion rates, than their more liberal counterparts.

One of the recent pro-abortion arguments is that pro-abortion policies lower abortion rates (I know: its stupid on its face, but work with me here – we’re dealing with liberal “thinking”). By pouring out money for contraception, sex education and such, liberals claim that people then have less recourse to abortion – and then some liberals cooked the statistical books until they got the answer they desired.

This is a common tactic on the left – making stuff up and then dressing it up as a study in order to advance a bit of leftist ideology. Global warming got on like this, too.

Slander is pretty much all they’ve got over on the left side of the aisle. Time has passed them by, the truth is against them…like all ruling classes losing power, they are fighting a desperate, rear-guard action against revolutionary change.

It won’t work – we’ll be kicking them out. Soon.

On Giving the Devil His Due…

It took a Carter to give us a Reagan; it took Obama for the nation to wake up to the fact that all-out socialism ain’t all it’s cracked up to be.

If it wasn’t for Obama’s ambitious agenda of radical, in-your-face socialist, statist ‘change,’ I think it would have literally been a decade or two before folks would have been awakened; since prior to Obama, a slow incrementalism, steady-as-she-goes march toward socialism was the order of the day. We would have been as sleeping insects on a spider’s web, being slowly yet firmly entangled in the web of socialism until it was too late to crawl out of it.

Obama’s ambitious agenda, while damaging, hasn’t yet taken its full toll, and in my estimation, the leftward list can still be corrected, and the ship can be now be righted before any permanent damage takes hold.

As Nazi Germany most likely would had never been vanquished had the Japanese not attacked Pearl Harbor, I believe that the decades-long onerous march toward socialism and statism will never have been slowed had Obama not been elected.

Rahm Emanuel once quipped that a ‘good crisis’ should never go to waste.

That phrase came as a warning shot across the bow of a complacent, sleepy American electorate. The American people wisely heeded Emanuel’s advice; took note of the impending crisis of their loss of liberties and encroachment of the State, and in the form of Tea Partys, Washington protests, and heretofore unheard-of electoral victories in special elections, have since seized the opportunity to stop the march of socialism dead in its tracks, and are in the process of giving it a swift kick to the rear of the bus for what should be a long time to come.

In this sense, and in this sense only, I believe that we may actually owe Barack Hussein Obama (mm..mm..mm.. pbuh) a debt of gratitude.