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Thursday, July 28, 2011

More Facts for Gaia Worshippers To Ignore

New NASA Data Blow Gaping Hole In Global Warming Alarmism

It’s a terrible misfortune for self-aggrandizers, who believe that they are intelligent enough and all-powerful enough to dismiss the Creator of our universe and take over control of the weather themselves.

Posted by Thomas E. Brewton on 07/28 at 03:02 PM
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Thursday, July 21, 2011

Sauce For The Goose, But Not For The Gander

Ann Coulter reflects on the presumed exclusive right of Democrat/Socialist Congressmen, the New York Times, and MSNBC to publish illegally hacked and patently false information, some of it with serious national security consequences.

Posted by Thomas E. Brewton on 07/21 at 02:34 PM
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Tuesday, July 19, 2011

From His Lips To God's Ears

Pat Buchanan’s optimistic assessment of debt ceiling negotiations.

Posted by Thomas E. Brewton on 07/19 at 05:42 PM
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Wednesday, July 13, 2011

Climategate: A Summary Review

Man-made greenhouse-gas warming of the earth, Keynesian-Marxian economics, and Darwinian theories of evolution are, not scientific matters, but part of the materialistic religious dogma of liberal-progressive-socialism. Believers therein vigorously refuse to consider any contradictory evidence, preferring to remain cocooned in their faith.

But for anyone who has not yet made up his mind about global warming alarmism, it is worthwhile to read The Truth About Greenhouse Gases: The dubious science of the climate crusaders, by William Happer, the Cyrus Fogg Brackett Professor of Physics at Princeton University.

Posted by Thomas E. Brewton on 07/13 at 05:20 PM
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Fed Inflates The Dollar and The Stock Market

Two headlines in today’s Wall Street Journal website summarize the destructive effectiveness of the Federal Reserve’s monetary inflation policies:

Bernanke: Fed Ready to Act if Needed

Stocks Surge on Fed Hopes
U.S. stocks jumped as investors saw hope for further economic stimulus in the form of “QE3” from the Federal Reserve.

As I wrote last November:

Note that it’s the securities brokerage community who now applaud the Fed’s QE2 program to raise the rate of inflation (i.e., devalue the dollar). Corporations are reporting higher earnings, compared to last year’s depressed levels. At the same time, they are cautioning that sales growth is anemic and cost-cutting opportunities have been exhausted, which means that the outlook for continued higher earnings is unclear. The stock market rise is essentially floating on a rising tide of the Fed’s fiat money.

It also means that the Fed, by pumping up the stock market, is well along the path to creating the next speculative boom and recession.

The stock market is doing well, but where are the millions of jobs that were supposed to have been created by the Fed’s Keynesian monetary policies?

Posted by Thomas E. Brewton on 07/13 at 11:28 AM
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California Is the Liberal-Progressive Model For the United States

Liberal-progressive policies are killing the California economy. High taxes, soaring public debt, strangling regulation, and political collusion with extortionate labor unions are killing the job market in California.

More companies are leaving California than coming into the state to establish or expand businesses. A growing number of American companies are electing to expand overseas, where the economic climate for business enterprise is decidedly more welcoming.

California’s Democrat/Socialist Party controls the state government. They refuse to control spending and keep assuring the voters that all be well if they can continue to impose higher taxes.

Obama is following the same script, with the same disastrous results.

Posted by Thomas E. Brewton on 07/13 at 12:03 AM
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Sunday, July 10, 2011

Counter-Productive State Planning

Despite Obama’s many economic interventions, the economy remains stagnated at the worst unemployment levels since the Great Depression. Oblivious to reality, liberal-progressive bureaucrats remain confident that they can employ the methodology of Lenin’s Gosplan and, this time, make it work.

The point is not that liberal-progressives, beginning with Franklin Roosevelt in the 1930s Great Depression, should have done more. It’s that economic well-being is decreased by government intervention. It’s that expecting any president (and any chairman of the Federal Reserve) to control the economy is a dangerous delusion.

President Reagan’s positive results were achieved by his stepping back from economic intervention. At the same time, Fed chairman Paul Volcker brought inflation under control by stopping the Fed’s inflationary expansion of the money supply.

Still in thrall to the secular religious dogma of socialism, Obama and Fed chairman Ben Bernanke, like zombies, trudge along the path that led Franklin Roosevelt’s New Deal to produce the worst economic downturn in our nation’s history.

As I wrote in February, 2007, (A New Deal Frame of Mind):

With our radical left-wing Congress setting forth on a mission to preserve and enlarge the welfare-state, it’s appropriate to review the arrogant destructiveness of their New Deal predecessors who created the welfare-state.
 A root of New Deal failure to restore prosperity in the 1930s was its authors’ ignorance of business and finance, overlain with simplistic arrogance. The same may be said of today’s San Francisco and East Coast liberal-socialists.

The New Dealers were a brash, cock-sure bunch who came from the academic world to Washington intending to wipe out as much of our capitalistic system as possible. They viewed the business and financial communities as a cross between Neanderthal ignorance and evil perversity. They assumed that all right-thinking people were united in the view that businessmen and bankers existed to oppress “the people.”

While 1950s apologists like liberal historian Arthur Schlesinger, Jr., prettied the recollections of the New Deal by describing it as “saving business from itself,” the facts show clearly that the New Dealers were rabid anti-capitalistic socialists.

Describing the literally revolutionary frame of mind of FDR and his “brains trust,” the author of The New Dealers, published in 1934, wrote:

Roosevelt had the benefit of several other great national experiments as useful points of reference for the American New Deal. He had before him the spectacle of the Soviet Union with its recent dramatization of economic reorganization through the Five-Year Plan. He had before him the example of Fascist Italy with its regimentation of business, labor and banking in the “Corporative State.” He had before him the instances of Kemal [Ataturk in Turkey], Mussolini and Hitler in restoring national pride and self-confidence to beaten or dispirited peoples.

A key word in the foregoing, which illuminates the entirety of liberalism, is experiments. Liberal-socialism-progressivism is all about ivory-tower theory aimed at constructing sand castles in mid-air, without the benefit of a foundation in real life.

Back to summary...

Posted by Thomas E. Brewton on 07/10 at 07:31 PM
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Friday, July 08, 2011

Liberal-Progessivism's One-World Under Third World Control

President Obama’s foreign policy is imbued with the mythology of a perfect and harmonious world run by the UN and the Islamic nations who dominate its policies. Reflecting the secular religious gnosticism of liberal-progressivism, he appears to believe that restructuring governmental institutions on a worldwide scale will transform human nature, making the whole world one happy family.

Or perhaps he recognizes privately that his foreign policy will clear the field for Islamic jihad, which he finds less troubling than defending the national interests of the United States.

Posted by Thomas E. Brewton on 07/08 at 10:30 PM
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A Long Way To Go

President Obama’s clueless reaction to the latest dismal unemployment statistics, per the Wall Street Journal, was, “We still have a long way to go and a lot of work to do.”

The most effective work Obama could do is to spend 18 hours a day, six days a week, studying economics with an Austrian-school advisor. He obviously is an economic ignoramus and is surrounded by liberal-progressive ideologues similarly lacking.

Posted by Thomas E. Brewton on 07/08 at 01:59 PM
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