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February 10, 2012
Lisa M. Krieger: Man with defibrillator demands access to his own heart's information
David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
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Laura McMullen: 10 Least Expensive Public Schools for Out-of-State Students
Kimberly Palmer: How to actually enjoy -- relaxing, financially -- your vacation
February 8, 2012
Warren Richey: Why momentous Prop. 8 ruling might not satisfy gay-rights groups
Menachem Wecker: Though Controversial, LL.M.'s Can Lead to Specialized Legal Jobs
The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
February 7, 2012
Frank J. Gaffney, Jr.: Caught off-guard? President's Super Bowl interview with Matt Lauer gives those who need a reason not to vote for him, a darn good one
Suzanne Bohan: Leaping lizards! Tiny reptiles advancing robot design
February 6, 2012
Jonathan Tobin: Iran Threatens Israel With Destruction, But the New York Times Doesn't Hear It
Jeffrey Fleishman: In newly democratic Egypt, tens of democracy activists jailed, to stand trial; their groups are 'threatening the stability of the homeland'
Julie Deardorff : Researchers say antioxidants may not be that effective and could do more harm than good
Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
February 3, 2012
Edmund Sanders : Israeli official says Iran is creating missile that could reach East Coast of US
Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
Brian Bennett: US officials see increasing threat of domestic attack from Iran
Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
January 31, 2012
January 30, 2012
Paul Richter and Ramin Mostaghim: Misreading Teheran's limits -- deadly and economically devastating as they may be -- is a risk administration, Europe seem willing to take
Suzanne Bohan: Warning: Nap-deprived tots missing more than sleep, study finds
Meg Handley: Banks Revamping Rewards Programs to Woo Customers
January 27, 2012
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Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
Jeannine Stein: An inflated ego and thinking you're 'all that' doesn't just make others sick of you, it can make you ill
Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
Ed Koch: To the New York Times, calling for the murder of Jews by those capable of having their incitement taken seriously isn't news
Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
Richard Simon: House passes two bills endorsing the use of religious symbols at military memorials
Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
Carol Clark: The price of your soul: How your brain decides whether to 'sell out'
Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
January 18, 2012
January 17, 2012
Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
David G. Savage: They sued their principals after slandering them online --- now the cases are headed to the Supreme Court
David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
January 13, 2012
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Alexia Elejalde-Ruiz: Thriving through touch: Gentle massage helps older people with low mobility improve in mind and body
January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
Warren Richey: Supreme Court says no to new rule on eyewitness testimony
John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
April 30, 2009
/ 6 Iyar 5769
The 100-Day Assault on America
By
Larry Elder
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http://www.JewishWorldReview.com |
Has it really been 100 days? Aided by an eagerly compliant Democratic-controlled Congress, a
sycophantic media, and a bunch of squishy Republicans, President Obama
has taken the country on a radical, mind-boggling leap into
collectivism.
Obama to use one of his favorite expressions doubled down, no,
tripled and quadrupled down on Bush's "stimulus" and "rescue" packages,
spending trillions of dollars to "bail out" financial institutions,
too-big-to-fail businesses, and even deficit-running states. Obama
promises to use taxpayer money to rescue "responsible homeowners"
whatever that means from foreclosure, thus artificially propping up
prices that shut out renters who would love to buy now-much-cheaper
houses.
Obama proposes spending billions (or trillions?) more on "creating or
saving" whatever that means 4 million, 3.5 million or 2.5 million
jobs. Pick a number. Given the government's vast business expertise,
Obama proposes spending gobs of money to "invest" in green jobs. And
he's just warming up. He wants taxpayers to guarantee, presumably to all
who request it, a "world-class education" whatever that means.
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Firmly in charge of much of the domestic car industry, Obama effectively
fired the CEO of General Motors. He threatens to fire still more
executives in the parts of the financial services industry currently
under the management, direction or control of Uncle Sam that eminent,
well-regarded banker.
Obama blames the financial crisis on "greed" and the "lack of regulatory
oversight." Funny thing about greed. Celebrated
investor-turned-Obama-supporter/adviser Warren Buffett says, "Be fearful
when others are greedy, and be greedy when others are fearful."
Apparently, some practice good greed, while others engage in greedy
greed.
As for regulation, the SEC already heavily regulates most of the
troubled financial institutions. The world's largest insurer, AIG,
operated under heavy regulation. The government-sponsored entities
Freddie Mac and Fannie Mae blamed for irresponsibly buying, packaging
and selling bad mortgages are regulated by a government agency,
called the Office of Federal Housing Enterprise Oversight. Its sole responsibility is to oversee those two agencies.
OFHEO, shortly before the government takeover of Freddie and Fannie,
gave them two thumbs up.
Did the President, after campaigning against pork and earmarks, really
sign bills that include both? Yes. Will the President's new budget
really triple and quadruple the annual deficit? Yes. Will the
President's budget really double the national debt within a few years
and then increase still more beyond that? Yes. Do the President and
members of Congress, many of whom never operated so much as a T-shirt
concession booth, really believe that they can "modernize" health care,
thus "saving" taxpayers buckets of money? Yes.
America traditionally represents the greatest possibility of someone's
going from nothing to something. Why? In theory, if not practice, the
government stays out of the way and lets individuals take risks and reap
rewards or accept the consequences of failure. We call this capitalism
or, at least, we used to.
Today's global downturn reflects too much borrowing and too much
lending. But would borrowers and lenders at least in America have
engaged in the same kind of behavior but for artificially low interest
rates under the Federal Reserve System? Would borrowers and lenders have
acted as precipitously but for the existence of Fannie and Freddie,
which bought up their mortgages? Would banks have so readily lent money
to those who clearly could not repay it but for the Community
Reinvestment Act? That law pressured banks into relaxing their normal
lending standards to help low-income borrowers.
Now let's turn to Job No. 1 national security. We no longer call the
War on Terror the "War on Terror." We no longer call Islamofascist enemy
detainees "enemy detainees." The President embarked on an I'm-not-Bush
and we're-sorry-for-being-arrogant international tour. To the receptive,
admiring G-20 nations, the President flogged America, calling us
domineering and overbearing. What did the swooning leaders give in
return? Virtually nothing. He wanted more assistance in fighting the war
in Afghanistan. The NATO members offered more advisers and trainers,
all, mind you, out of harm's way and only on a temporary basis.
The President offered a new relationship with Iran, provided Iranians
"unclenched their fist." The President even sent a shout-out video to
the Iranians on one of their holidays. What did he get in return? Iran
promised to continue its march toward the development of a nuclear
weapon and called Israel the "most cruel and racist regime."
Obama offered North Korea a kinder, gentler foreign policy. What did he
get in return? The North Koreans, in violation of a United Nations
resolution, attempted to launch a long-range missile. The President
condemned the act. The United Nations Security Council convened an
emergency session. What happened? Nothing. Well, not exactly nothing.
North Korea kicked out the U.N.'s nuclear inspectors and announced the
resumption of its nuclear weapons program. And North Korea, along with
Iran, arrested and imprisoned American journalists.
On the other hand, Washingtonian magazine graced us with a spiffy,
Photoshopped cover of a fit and toned swimsuit-wearing President Obama.
So all is not lost.
At least he looks good.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Larry Elder is the author of, most recently, "Stupid Black Men: How to Play the Race Card--and Lose."
(Proceeds from sales help fund JWR) Let him know what you think of his column by clicking here.
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© 2006, Creators Syndicate
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